Tag Archives: Pers conference

UOG wins part of a $ 1 million grant to scale up COVID-19 testing among Pacific islanders | Guam News | Instant News


The University of Guam, part of a partnership in the University of Hawaii’s “Puipuia le Ola” project, was awarded a federal grant of nearly $ 1 million to help increase COVID-19 testing among Pacific islanders of Guam and Hawaii and work to uncover infection patterns in the population. the.

Funded by the National Institutes of Health, this project aims to develop and evaluate specific community engagement strategies for dissemination in the indigenous languages ​​of Pacific island communities.

“There are differences in how COVID-19 affects Pacific islanders, and this grant allows community-based organizations to specifically focus on this group and ultimately reduce infection and death rates through health education and outreach,” said Rachael Leon Guerrero, vice chancellor of research. and a sponsored program at the University of Guam.

The project defines Pacific islanders as natives originating from Guam, the Northern Mariana Islands, American Samoa, the Federated States of Micronesia, the Marshall Islands and Palau, UOG stated in the release.

Residents originating from other islands in Micronesia are part of the growing population affected by the coronavirus. On Guam, the inhabitants of these islands make up 7% of the population, but account for 14% of COVID-19 cases. In Hawaii, they make up 4% of the population, but account for nearly 30% of COVID-19 cases and 20% of all deaths from COVID-19, the release said.

Pacific islanders generally suffer from certain diseases that are known to increase the risk of severe COVID-19 symptoms, according to the John A.Burns School of Medicine at the University of Hawaii at Manoa.

Teofila P. Cruz, postdoctoral researcher at the Research Corporation of the University of Guam and registered nurse, will lead the work in Guam.

“Lessons learned from this project will inform similar efforts for Pacific island communities and other underserved and vulnerable populations across the country while expanding the reach of COVID-19 testing efforts, and subsequent COVID-19 vaccination campaigns, in Hawaii and Guam,” said UOG. in its release.

Information provided in the press release.

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Italy brings diversity and inclusion to the forefront of the wine business | Instant News


Liz Thach MW, Tinashe Nyamdoko, Yang Lu MS, Rania Zayyat

If there is one major conclusion, while the topics affecting the wine business are more complex than ever, there are opportunities to be had by bringing together people from diverse backgrounds and who have different voices in leadership and decision-making roles.

The wine2wine Business Forum traditionally brings together international wine professionals in Verona for two intense days for seminars, panel discussions and networking. The seventh edition of the event is conducted in a completely online format – a move that provides the largest, most international and most diverse audience.

More than just the audience is diverse. The team behind wine2wine uses an online platform and scheduled sessions in such a way as to allow speakers to gather from around the world, expanding the reach of the sessions, while increasing their relevance in more markets than ever before. Apart from exploring the changes in the US and Chinese Markets, wine2wine 2020 delves deeper into markets that represent real opportunities, although sometimes overlooked by the wine industry. The session themed “Hacking the wine culture in Africa,” hosted by Tinashe Nyamdoko and moderator Temitope Akintola, explored the opportunities of Italian wine in various African markets. Meanwhile, the Italian Trade Agency (ITA) sponsored a session entitled “The Wine Market In India.”

Of course, in a year where much of the wine industry has been forced to adopt digital solutions, there is no shortage of sessions on how the wine industry has adapted (or should adapt) to work in a more digital environment, and how we can learn from a year marked by the COVID crisis. Indeed, as Stephanie Gallo (Gallo Wines Chief Marketing Officer) commented: “The most important thing about COVID is that the data shows 4 million new consumers have entered the market.” Industry must adapt to meet these consumers, innovate and take advantage of new opportunities.

But perhaps the strongest theme coming out of this year’s edition of wine2wine is women’s leadership, and how women can support each other to effect change across industries at all levels, for entire communities. One session covering this approach was “Wine and Communion: Why Diversity, Equality and Inclusion are Good for the Wine Business,” led by Julia Coney and Elaine Chukan Brown. The overarching message that emerged from the discussion was that “You have to think about building a strategy for long-term change. You should look for business partnerships that expand conversations, expand markets, and with whom markets are connected. “This comment, from Chukan Brown, shows that the diversity, inclusion and support of women in the industry are fundamentally not just an ethical requirement, but an ingenious commercial position.

If there is one major conclusion from the Wine2wine Business Forum 2020 is that, while the topics affecting the wine business are more complex than ever, there are actually opportunities to be had by bringing together people from different backgrounds and having different voices in leadership and decision-making. role. This certainly proved invaluable for the forum itself which enjoyed unprecedented diversity among speakers and participants.

Finally, as a corollary of the switch to the digital forum format, participants do not need to prioritize certain sessions over others: Wine2wine Business Forum 2020 participants can continue to view each session on demand until November 30, 2020. Progress in such submissions is permitted this year the forum for reach a global audience like never before.

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About: wine2wine is a dynamic international wine industry forum hosted by Veronafiere and held annually in Verona, Italy, since 2014. wine2wine 2020 takes place on 23 and 24 November 2020. This event is a major reference point for wine producers and wine professionals alike. excited to develop and grow their wine business around the world. Wine2wine Business Forum provides a unique opportunity to share ideas on the most important issues facing the fast-growing wine industry and to connect with wine professionals and experts. The forum typically lasts two days and features interactive keynote sessions, seminars and workshops aimed at equipping attendees with practical tools to improve their business. The speakers are well-known experts in their fields and among the brightest minds in the wine world from Italy and abroad. Additional information is available at http://www.wine2wine.net or by sending an email to [email protected]

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Brazil faces a $ 112 billion refinancing gap in early 2021 | Instant News


BRASILIA, Nov 24 (Reuters) – Brazil’s debt has swelled to unprecedented levels due to the COVID-19 pandemic and the government faces a $ 112 billion refinancing gap early next year, with April funding needs the highest for a month.

Publicly, at least, Treasury officials in Latin America’s top economies insist there will be no problems getting investors to lend to them. The so-called liquidity cushion can cover at least three months of the loan.

In addition, nearly all of Brazil’s debt is denominated in reais and more than 90% of it is held by domestic investors, many of whom are forced to hold it by banking regulations.

Financial analysts also see little risk of a boycott by lenders, which is likely to trigger a serious crisis and wreak havoc on Brazilian financial markets.

But the likelihood that the Ministry of Finance may have difficulty repaying debts, due to sudden unfavorable political, economic or market conditions, is not zero. And it will likely pay a premium to shift so much debt at once, analysts say.

According to Treasury Department figures, about 605 billion reais ($ 112 billion) of domestic federal debt is due in the first four months of next year. That’s 14.1% of Brazil’s 4.82 trillion reais pile of domestic debt.

The month to watch is April, when the 283 billion reais of debt will need to be extended. That is 6.6% of Brazil’s debt and will be the largest single month of maturity debt on record, according to the Ministry of Finance.

“It’s a huge number, and if people want to reduce their exposure a little bit for whatever reason, that’s a significant amount,” said Sergi Lanau, deputy chief economist at the Washington-based Institute of International Finance (IIF).

“It’s not a good situation, but it would be much worse if it was foreign debt. We are not too worried about the pile maturing. If something goes wrong at that point, then you will be exposed,” he said. the word.

The IIF analysis shows that the government’s domestic debt maturing in April amounts to 3.7% of GDP, also an all-time high for a month.

Economy Minister Paulo Guedes said he saw “no problem” for the Ministry of Finance to reimburse the debt. About half of the 600 billion reais due early next year may already be covered by cash inflows from central banks and public sector banks, he said.

STEP CURVE

The government’s surprisingly aggressive fiscal response to the pandemic, particularly through direct income transfers to the poor, has driven its deficits and debt to records that are far above most other developing economies.

Brazil’s main deficit, excluding interest payments, is estimated at nearly 12% of GDP this year, with overall debt rising to around 95% of GDP, according to the government.

That has forced the Treasury Department to borrow more, more and more in short dated paper because it’s cheaper and as growing concerns around the fiscal outlook mean investors are reluctant to lend to the government long-term loans.

While reducing average debt maturity lengths and record low official interest rates have brought average interest costs down to a record low, the so-called “roll over risk” for the Treasury has increased sharply.

“The problem is if we can’t sell any bonds. But we don’t have to worry too much, there’s money in the system,” said an interest rates specialist at a hedge fund in Sao Paulo.

“The treasury won’t run out of cash: that’s not the case. But it will continue to pay higher interest rates and see a steeper curve,” he said.

The difference between long-term and short-term interest rates has widened sharply. Before the pandemic, the difference between the January 2022 and January 2027 futures rates was 180 basis points or less. That tripled to 460 basis points in September, and is now creeping back to that all-time peak.

The Treasury has failed to sell the full allocation of bonds offered at several auctions in recent weeks, both the fixed rate ‘LTN’ note and the floating rate ‘LTF’ note linked to the central bank’s official Selic rate.

To attract buyers, the Ministry of Finance has to pay a higher premium. It also relies on other sources of financing, including a recent transfer of 325 billion reais from the central bank.

Waldery Rodrigues, special secretary of the economy ministry, said last week that a central bank selling part of its foreign currency reserves to pay debt is “on the menu” for next year, although the decision rests with the central bank.

($ 1 = 5.40 reais)

(Reporting by Jamie McGeever; Editing by Tom Brown)

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Switzerland and Ghana sign a historic agreement for Climate Action | Instant News


Geneva / New York / Ghana, 23 NovemberThe governments of Ghana and Switzerland signed a bilateral agreement today, which brought to life the cooperative approach of the Paris Agreement. Bilateral agreements establish the framework conditions for cooperation. The first project predicted will enable clean cooking and solar lighting and benefit five million households in Ghana. This new partnership will enable the implementation of green and low-carbon technology solutions across the country that yield multiple social and environmental benefits.

The partnership will encourage private sector investment into Ghana’s national energy access program (NCEP), complementing Ghana’s Nationally Determined Contribution to the Paris Agreement. NCEP will benefit five million households through technology such as improved cooking stoves and the installation of solar panels. Ghana is also exploring further projects under the agreement.

UNDP Administrator Achim Steiner stated, “We are proud to be able to facilitate dialogue between Switzerland and Ghana, build trust in the process on both sides and offer our technical support in its implementation. We hope that this bilateral agreement will enable Ghana’s national clean energy access program (NCEP) to meet its goals of reducing up to 2 million tonnes of greenhouse gas emissions, providing millions of people with energy access and towards green recovery. “

The agreement is the first of its kind to involve an African country, with Peru became the first country to sign a similar agreement at the end of October.

Statement by the President of Ghana HE Nana Addo Dankwa Akufo-Addo calls on the private sectors of both countries- “to view this bilateral cooperation as a step to further strengthen collaboration between Swiss and Ghanaian companies to identify commercially viable and sustainable development projects over the next decade”. Secretary of State Shirley Ayorkor Botchway delivered the President’s statement who congratulated and thanked Professor Kwabena Frimpong-Boateng, Minister of Environment, Science, Technology and Innovation, and UNDP for facilitating the agreement process.

Ghana’s NDC goal is to reduce emissions by 15 to 45 percent below business as usual (BAU) and strengthen climate resilience in line with its development priorities. NCEP is a core approach to achieving this target but it is conditional for international support and requires mixed financing for implementation.

“With this Agreement Switzerland takes concrete steps in the interests of the environment and sustainable development”, he said Franz Perrez, Ambassador and Head of the International Relations Division of the Federal Office for the Environment. “Together, Switzerland and Ghana set a strong framework for additional investment in climate action and for human rights compliance. With the agreement that we signed today, we are not only fighting climate change, but also strengthening the social aspects of the international carbon market, “he added.

This agreement will open the door to commercial projects, empowering national businesses to drive climate action. This collaborative approach by Ghana and Switzerland has paved the way for other countries to explore innovative climate finance solutions, also in line with Article 6 of the Paris Agreement.

For media inquiries:

UNDP New York: Sangita Khadka, Bureau of Policy and Program Support | email: [email protected] | Phone: +1 212 906 5043

UNDP Ghana: Puji Nutakor, UNDP in Ghana | email: [email protected] | Phone: + 233-501323566

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ITALY’S TREASURY PICKS BANK AMERICA AND ORRICK AS FINANCIAL AND LEGAL ADVISORS IN THE PROCESS OF PRIVATIZATION MONTE DEI PASCHI – SOURCE | Instant News


21/11/2020 | 5:36 am EST

Reuters

EXCLUSIVE – PICKS TREASURY ITALY BANK OF AMERICA AND ORRICK AS FINANCIAL AND LEGAL ADVISORS IN THE PROCESS OF PRIVATIZATION MONTE DEI PASCHI – SOURCE

21/11/2020 | 5:36 am EST

Reuters

All news about the BANK OF AMERICA CORPORATION

Sales 2020 86161 M

2020 net income 15246 AD

2020 Net Debt

2020 P / E ratio 15.5x
2020 results 2.68%
Capitalization 232 B
232 B
Capi. / Sales 2020 2.69x
Capi. / Sales 2021 2.72x
Employee Nbr 211 000
Free-Float 99.7%

BANK OF AMERICA CORPORATION chart
Duration:

Point:

Bank of America Corporation Technical Analysis Chart |  MarketScreener

BANK OF AMERICA CORPORATION technical analysis trends

Short-term Medium-term Long-term
Trends Bullish Neutral Neutral

The Evolution of the Income Statement

Consensus

Sell
Buy

Meaningful consensus OUTPERFORM
Number of Analysts 27
Average target price

28.62 $

Last Closing Price

26.81 $

Highest spread / target 38.0%
Average Spread / Target 6.77%
Lowest Spread / Target -17.9%

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