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Global Payments Newsletter, June 2022 | Hogan Lovells
In this Newsletter: For previous editions of the Global Payments Newsletter, please visit our Financial Services practice page. Regulatory Developments United Kingdom: Payment Systems Regulator announces two market reviews on card fees On 21 June 2022, the Payment Systems Regulator (PSR) announced its plans to carry out two market reviews focusing on card fees. One …
Trust, but verify: creating a global market for carbon credits
By Dan Feldman, Barney Reynolds and Natalya Pilbeam (June 29, 2022, 5:08 p.m. EDT) — Industries that cannot easily decarbonize would like to be able to claim reductions in net greenhouse gas emissions by offsetting—creating or buying carbon credits. Through offsetting, activities in one sector that reduce, absorb or avoid GHG emissions can be associated …
UNCW Media Production Team Wins Gold and Silver Telly Awards
Wednesday, June 29, 2022 UNCW’s University Relations Office media production team won two more Telly Awards – their 10th and 11th wins in eight years. “Like No Other: The Campaign for UNCW” won a Gold Telly in the fundraising category for non-broadcasters. Missy Kennedy ’01, Associate Vice Chancellor of the Division of University Advancement, served …
IOM Launches Liberia’s First Migration Website and Raises Awareness of Safe Migration in Liberia – FrontPageAfrica
Monrovia– As part of an effort to reduce human trafficking and increase awareness of safe migration, the International Organization for Migration (IOM), through its Migrants as Messengers project, has launched the first Liberia migration information website. www.wakawell.info for the purpose of tracking the proper records of persons leaving Liberia. Report by Francis G. Boayue Over …
Business owner offers tips to be safe online
LIMA — Lisa Niekamp-Urwin was recognized as a “2022 Women of the Channel Awards” and also listed on the “Registry of Business Excellence.” Her business, Tomorrow’s Technology Today offers expertise in network services, computer service and computer support for small business owners. Niekamp-Urwin offers suggestions to people to avoid cyber-attacks. “Ninety-one percent of the cyber-attacks …
Olive Oil Production Relaunched in the Former Papal States
Olive oil producers, farms and tourist entities in the provinces of Latina and Frosinone, just south of Rome, are teaming up to promote the region’s olive oil culture and history , closely linked to the former Papal States. At a public event in St. Peter’s Square in Rome, Pope Francis introduced Olio dei Papi (Olive …
The Great History of Indian Migration, Drivers and Destinations
When you hear an Indian say they like to travel, you have to take it seriously. We don’t say that, but the data is. Indians form the largest migrant population in the world and the remittances they send home are also the highest. This immigrant population offers a good source of funds that can be …
Cash Is Bad For Us
No-one listens to me about anything, least of all the future of payment systems, but Jack Dorsey is a billionaire so you should listen to him. Ten years ago, he tweeted that “In general, the shift toward a cashless society appears to improve economic welfare” and I remember being excited that he was on my …
Snap One Holdings Corp. S-sets
CHARLOTTE, North Carolina, May 16, 2022 (GLOBE NEWSWIRE) — Snap One Holdings Corp. (SNPO) (“Snap One” or the “Company”), a provider of smart life products, services and software to professional integrators, is expected to attend the following financial conferences and trade shows over the next few months: JP Morgan Global Technology, Media and Communications Date: …
Special trio unveiled for final hypercar production
Instantaneous Bugatti produces the latest Chiron and Chiron Sport The latest trio of hypercars are named after the founder’s daughter Inspired by the Art Deco era of the early 20th century French car manufacturer Bugatti finalized the production of Chiron and Chiron Sport for Europe. The latest trio of hypercars to be delivered to the …
Faculty email migration sparks frustration – The Ticker
Baruch College Technology Center Baruch College faculty email migrated from Microsoft Exchange to Microsoft 365 amid final exams. The transition was announced at the end of March. “We are pleased to announce that Baruch College is replacing our current Microsoft Exchange email system with Microsoft 365 (M365), a cloud-based email system that will greatly expand …
Zim’s debt situation needs urgent solution
WITH a debt of $1,8 trillion, as revealed by the Zimbabwe Debt Management Office last week, Zimbabwe has effectively slipped into dangerous territory. And by any standards, this debt has outfoxed many of all the Southern African Development Community benchmarks, which means it is an affront to regional integration. It is as big as the …
Senator Collins meets with members of Maine…
washington d.c. – US Senator Susan Collins met with Maine members of the National Association of Home Builders. They discussed trade issues in lumber, steel and aluminum, rising energy prices, supply chain challenges and professional training programs. Attendees included Mark Patterson of Patco Construction in Sanford, Howard ‘Chip’ Hall of Cottage Advisors in Kennebunk; Jason …
Inside high-end production house Space Studios Manchester – Deadline
When Manchester City Council made a strategic decision in 2013 to improve the infrastructure for its creative industries, it decided to put its money in brick and mortar with the construction of the £35 million (42.7 million dollars) Space Studios Manchester. The purpose-built facility for high-end TV, film and commercial production, located in West Gorton, …
Desperate refugee teenager found hanged in detention center in Libya | Migration News
WARNING: The following story contains images that may upset some readers. The photo of the body of a 19-year-old boy hanging lifeless from the ceiling in one of the dormitory corridors of the Ain Zara detention center, south of the Libyan capital, Tripoli, is the latest evidence of the human cost of ownership of the …
Current a/c deficit eases to $13.4bn in Q4 from Q3
Mumbai: The current account deficit (CAD) for the fourth quarter of FY22 came in at $13.4 billion, which works out to 1.5% of the GDP, lesser than expected by the market. On a sequential basis, the CAD declined from $22.2 billion, or 2.6% of GDP, in Q3FY22. The CAD for the full year was $38.7 …
“Back to the Future” at the Federal Trade Commission: Highlights of a panel discussion | American Institute of Enterprise
By Mark Jamison In a recent AEI report, J. Howard Beales III and Timothy J. Muris explored recent efforts by the Federal Trade Commission (FTC) to create a regulatory framework with less public input and more political scrutiny for speed up decision-making processes. Beales, former director of the FTC’s Consumer Protection Bureau, and Muris, former …
Amid record production, oil rig count in Nigeria remains unchanged in May
Emmanuel Addeh For the second consecutive month, the number of active oil rigs in the country remained unchanged in May, amid record production of 1.024 million barrels per day (bpd) for the month. Still grappling with production challenges, an audit by THISDAY showed that the only time in recent history that Nigeria has seen such …
Mecca of mastodons? University of Michigan study tracks mating and migration cycles of animals
ANN ARBOR, MI — The University of Michigan is something of a mecca for behemoths and mammoths. When a 6-year-old found a mastodon tooth last fall in Rochester Hills, it was donated to the UM Museum of Paleontology. The same thing happened in 2015 when woolly mammoth bones were discovered in Chelsea. Several other discoveries …
The fearless, peerless Ford Bronco Raptor is an off-road beast
Johnson Valley, California — Sixty miles north of Palm Springs, Johnson Valley is synonymous with Ultra4 racing — America’s most demanding off-road competition. Every February, 75,000 people descend on this 96,000-acre desert pasture to watch insane, all-wheel-drive 1,000-horsepower dune buggies on ‘roids vie for the King of the Hammers crown over high-speed flats, mountain passes and extreme rock-choked …
Vietnamese Products Gain Greater Share in Domestic Market | Company
A face mask production workshop in Vietnam (Photo: VNA) Hanoi (VNA) – Vietnamese products enjoy better quality, diverse designs and competitive prices to establish their place in domestic and global markets. Textile and clothing manufacturers are among those who are successfully conquering the domestic market. Companies such as Garment 10, Viettien, Duc Giang, Nha Be, …
TSMC confirms production of 2nm chips by 2025
Taiwan Semiconductor Manufacturing Co. (TSMC) announced that it will start production of ultra-advanced 2nm chips by 2025. It said the 2nm node technology will be based on nanosheet transistor architecture, which is a completely different infrastructure from the FinFET infrastructure currently. used to make its 5nm chips. The semiconductor giant also said it will get …
Devesh Uba explores Indo-Nigerian migration in new documentary | The culture keeper
Over the past decade, Nigeria has experienced significant migration flows, both internal and external. The oil boom of the 1970s was a major draw for foreigners, with the country experiencing more immigration than emigration, but that was not to last long. Quite quickly, in the 1980s to be precise, more and more Nigerians were leaving …
American Data Privacy and Protection Act (US draft privacy bill)
The United States is home to tech companies that amass the most amount of user data worldwide, but the country does not have a law that regulates what data is collected and how it’s used. For years, lawmakers have tried to pass a federal privacy law, but to no avail. The US lags behind the …
US investigates Vietnamese wood cabinet suppliers for trade violations
Washington— The U.S. Department of Commerce is investigating possible evasion by Vietnamese suppliers of anti-dumping and anti-subsidy duties on wooden kitchen and bathroom cabinets imported from Vietnam that used Chinese-made components covered by the U.S. tariff regime. The department launched the investigation after the American Kitchen Cabinet Alliance filed bypass investigation requests on April 22. …
Türkiye’s production target just 2 years after gas discovery is ‘impressive’
ANKARA Given the difficult ultra-deepwater terrain of Türkiye’s Sakarya gas field and the fact that the project is a virgin field, producing gas within two years of its discovery looks impressive, said Rami Khrais, oil and gas analyst at data analytics and consulting firm GlobalData. . Khrais told Anadolu Agency that Türkiye’s biggest offshore discovery …
Migration to the United States on the Rise, Juneteenth Food and Wine Festival, Miss Florida
On this Wednesday, June 15, edition of Cadran Solaire: Migration to the United States on the rise Thousands of people from different Latin American countries trek 1,200 miles to the US border. WLRN is committed to providing South Florida with reliable news and information. As the pandemic continues, our mission is more vital than ever. …
Technology versus the waste mafia
Waste crime is now more lucrative than contract killing and criminals are getting more sophisticated. Could technology help end it once and for all? “Our goal for waste crime is very simple: stop it. That’s an audacious ambition, about which we are totally unapologetic,” said a determined Sir James Bevan in a stirring speech to …
Barclays and the Department for International Trade (DIT) announce industry-leading partnership agreement
Barclays has partnered with the Department of International Trade (DIT) to sign an industry-leading 5-year partnership agreement to broaden, deepen and refine efforts to increase exports and trade and investment opportunities for UK businesses of all sizes. This five-year partnership agreement highlights four key priorities and areas of collaboration between DIT and Barclays: 1. Markets:Facilitating …
Nigeria targets 920 jobs as local production of military and paramilitary uniforms begins next year
James Emejo The Infrastructure Concessions Regulatory Commission (ICRC) yesterday hinted that the country would start local production of uniforms for its military and paramilitary personnel from January 2023. This move was expected to create more than 920 job opportunities for Nigerians. The initiative is a public-private partnership (PPP) between the Defense Industries Corporation of Nigeria …
Challenges related to migration and remittances
Migration is an important feature of globalization and in Bangladesh it has become an important source of job creation and plays a central role in poverty reduction by balancing the balance of payments, increasing foreign exchange reserves, by increasing national savings, by increasing the speed of circulation of money, and thus contributing to the growth …
Vietnam needs legal framework for digital banking | Banking-finance
Illustrative photo The latest and most innovative changes to occur in the future will be a move towards digital banks, which will provide low cost and short time methods in banking services. They will also provide fair competition than traditional banks do at present. Digital banks will also be the driving force behind new innovations …
Trade body urges government to postpone single-use plastic ban
New Delhi: Traders body Confederation of All Indian Traders (CAIT) has urged the government to postpone the ban on single-use plastic, citing the lack of alternatives in the market. The ban is expected to come into effect on July 1. In a letter to union environment minister Bhupendra Yadav, the association, which represents dozens of …
Thailand’s rice production and exports on the rise
BANGKOK, THAILAND – The La Niña weather phenomenon will provide abundant rainfall and water supply to Thai rice farmers, producing 20 million tonnes of rice in the 2022-23 marketing year, a 2% increase from 2021 -22, according to a Global Agricultural Information Report from the U.S. Department of Agriculture network Foreign Agricultural Service (FAS). USDA’s …
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Migration is the number one priority at the Summit of the Americas
WASHINGTON (Gray DC) — At the Summit of the Americas, President Biden proposed a new U.S. economic partnership with Latin America and also tackled record levels of immigration at the U.S.-Mexico border. He said, “Safe and orderly migration is good for all of our economies, including the United States. It can be a catalyst for …
Here’S A Look At The Tech That Helped Meghalaya Win A Un Award
Meghalaya recently won the ‘Best Project’ award at the United Nations World Summit on the Information Society (WSIS) held in Geneva for its paperless governance initiative, called ‘e-Proposal System’. The initiative is a part of the Meghalaya Enterprise Architecture (MeghEA), set up in 2019 as part of the Digital India Mission, to improve service delivery …
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US SEC chief unveils plan to overhaul Wall Street stock trading
WASHINGTON/NEW YORK, June 8 (Reuters) – The top U.S. securities regulator unveiled plans on Wednesday to overhaul Wall Street’s retail stock trading rules, aimed at boosting competition for broker-dealer order handling. commission-free to ensure mom-and-pop investors get the best price for trading. U.S. Securities and Exchange Commission Chairman Gary Gensler told an industry audience he …
Russian oil production expected to drop 18% by end of 2023 (EIA)
Russian oil production could fall by 18% by the end of next year, according to the EIA. The forecast comes in response to an EU ban on all Russian imports of maritime crude. If production fell that much, it would wipe out 18 years of gains in oil production. Loading Something is loading. Russia’s oil …
In Order of Migration, Kamala Harris Supports Investments in Latin America
“She said during his remarks on the second day of the Summit of the Americas, which brings together countries from across the hemisphere. “ Harris said she plans to focus her efforts on uplifting women who live in poverty and abuse in their own countries. With his focus on the region, Harris is following in …
Accor ALL Australia Dream Stay Giveaway June 3 – September 2, 2022
Accor has launched a draw to get its loyalty program members in Australia to book travel to Southeast Asia, South Korea, Japan, and The Maldives. Accor has four prizes for its ALL members who come with a hotel stay and flights from Australia. Note that the ALL member must have their address in Australia to …
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Thank you Madam – UK retail and hospitality get Jubilee boost
Visitor numbers up 6.9% over the 4-day Jubilee weekend compared to the May average Attendance up 17.1% for the whole week compared to the May average LONDON, June 6 (Reuters) – Britain’s hospitality and retail sectors were boosted by celebrations commemorating Queen Elizabeth’s Platinum Jubilee, with footfall over the four-day weekend in up 6.9% from …
Kingston Resources Ltd targets low-cost, long-life gold production at Misima project after DFS
Kingston Resources Ltd (ASX:KSN) is closing in on production from the Misima Gold project in Papua New Guinea after completing a Definitive Feasibility Study (DFS) which confirms the company’s “compelling economics”, including a total lifetime de- mining revenue (LOM) of A$6.1 billion. The DFS outlines the potential for a large-scale, long-life, low-cost operation, with a …
Migration Summit Addresses Education and Workforce Development in Displacement – India Education | Latest Education News | World Education News
“Refugees can change the world by having access to education,” says Alnarjes Harba, a Syrian refugee who recently shared her story at the 2022 Migration Summit, a unique global gathering to address the challenges facing faced by displaced communities. in access to education and employment. At the age of 13, Harba was moved to Lebanon, …
Cryptocurrencies must die – NRI Affairs
After the relentless hype about Bitcoin and other cryptocurrencies such as Ethereum, Solana, Dogecoin, LUNA, etc., for the last couple of years, we are now witnessing their complete meltdown. The hype was primarily driven by eye-popping increases in valuations of all the major cryptocurrencies. Bitcoin had gone from around USD 4,000 to USD 64,000, a sixteen …
The Louis-based tech start-up aims to make railroads competitive for the next 200 years with self-driving cars
FreightWeekSTL 2022 kicks off with a session highlighting Intramotev’s self-propelled railcar FreightWeekSTL 2022 kicked off on May 23 with Innovation Day, showcasing emerging technologies that have the potential to dramatically change the future movement of freight. The opening session highlighted the progress made by Saint-Louis start-up Intramotev Autonomous Rail. Attendees discovered a zero-emissions self-driving car …
PS5 sales hit 20 million, console production increases
Sony’s PlayStation 5 game console has sold 20 million units worldwide since its launch in November 2020, the company confirmed to CNET via email on Friday. The next-gen PS5 console has reached the milestone despite a sold out due to the pandemic and global supply chain issues, as previously reported by GamesIndustry.biz. It currently follows …
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Analysis: Corruption in Central America thwarts US plan to tackle ‘root causes’ of migration
WASHINGTON, June 3 (Reuters) – More than a year after U.S. President Joe Biden’s sweeping efforts to tackle the “root causes” of migration with aid to Central America, projects of likely value millions of dollars have been canceled or suspended due to corruption. and governance issues, said US officials and others monitoring the issue. The …
Kansas Sports Betting – Legal Sportsbooks in Kansas 2022
We may earn a fee if you make a purchase through one of our links. The newsroom and editorial staff were not involved in the creation of this content. Governor Laura Kelly ushered in a new era of legal sports betting in Kansas when she signed SB 84 into law on May 12. It paves …
BlueRock Diamonds shares fall due to production constraints and resource depletion
By Michael Susan Shares of BlueRock Diamonds PLC fell on Wednesday after the company lowered its forecast for 2022 due to abnormal rainfall which affected production at the Kareevlei diamond mine in South Africa’s Kimberley region and the increased costs, and said it had exhausted its cash resources. Shares at 0949 GMT were down 6.0 …