Economic growth

Henry Stoever Submits Top 3 Recommendations for Education to Former Under Secretary of State's Krach Institute for Tech Diplomacy

Retrieved on: 
Mittwoch, Mai 8, 2024

CHICAGO, May 8, 2024 /PRNewswire/ -- Brentwood Advisory Group, the leading team of experienced executives that provides a broad array of board of director and executive-level services with and for its clients, today announced that its Principal Henry Stoever who serves as the Commissioner for Education for the Global Tech Security Commission (GTSC) shared recommendations made to the Honorable Keith Krach, Chairman of the Krach Institute for Tech Diplomacy (KITD) and Co-Chair of the GTSC.

Key Points: 
  • Stoever serves as an Advisory Council member for the KITD focused on ensuring that trusted technology advances freedom.
  • These SWOT analyses enabled Commissioner Stoever's Council to discuss, frame, and prioritize their recommendations to help ensure trusted technology advances freedom through education.
  • The outcome of the Education Advisory Council for the Global Tech Security Commission was to inform the Krach Institute for Tech Diplomacy's Global Tech Security Strategy and its forthcoming Tech Diplomacy Academy.
  • While being attentive to protecting intellectual property (IP) created by research universities, safeguarding research assets, and restricting tech transfer,
    b.

Bank of Botetourt posts profitable first quarter financial results

Retrieved on: 
Donnerstag, April 25, 2024

BUCHANAN, Va., April 25, 2024 /PRNewswire/ -- Buchanan-based Bank of Botetourt (OTCPK: BORT and BORTP) announced today its unaudited financial results for the three months-end March 31, 2024.

Key Points: 
  • BUCHANAN, Va., April 25, 2024 /PRNewswire/ -- Buchanan-based Bank of Botetourt (OTCPK: BORT and BORTP) announced today its unaudited financial results for the three months-end March 31, 2024.
  • The Bank produced net income amounting to $1,828,000 or $0.88 per basic share in the first quarter.
  • Bank of Botetourt qualified to opt-in to the Community Bank Leverage Ratio ("CBLR").
  • As of March 31, 2024 Bank of Botetourt reported its CBLR ratio at 10.35% which meets the required regulatory minimum ratio.

Christine Lagarde: Unlocking the power of ideas

Retrieved on: 
Dienstag, April 23, 2024

Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.

Key Points: 
  • Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.
  • The housing cost burden has, however, increased slightly for both renter and mortgage households at the upper end of the income distribution.

Is home bias biased? New evidence from the investment fund sector

Retrieved on: 
Donnerstag, April 18, 2024
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Key Points: 

    US monetary policy is more powerful in low economic growth regimes

    Retrieved on: 
    Dienstag, April 2, 2024
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      Rakuten Symphony and Kyivstar Sign Letter of Intent to Deploy Open RAN to Rebuild Ukraine’s Digital Infrastructure

      Retrieved on: 
      Montag, Februar 26, 2024

      The LoI confirms Kyivstar’s intent to use Rakuten’s Open RAN and 5G technologies to help rebuild Ukraine's digital infrastructure, reinforcing both companies’ commitment to supporting Ukraine’s recovery and reconstruction.

      Key Points: 
      • The LoI confirms Kyivstar’s intent to use Rakuten’s Open RAN and 5G technologies to help rebuild Ukraine's digital infrastructure, reinforcing both companies’ commitment to supporting Ukraine’s recovery and reconstruction.
      • Kyivstar and Rakuten Symphony are currently collaborating to define the scope of their initiative, which will involve both 4G and 5G Open RAN technology.
      • Mickey Mikitani, Chairman and CEO, Rakuten Group, said, “Rakuten is extremely proud to continue its support for Ukraine’s efforts to rebuild its infrastructure and in supporting Kyivstar’s vision for deploying Open RAN.
      • I share the excitement of our Kyivstar team, under the leadership of Kyivstar CEO Oleksandr Komarov, in working with Rakuten to rebuild the country’s infrastructure with Open RAN as a part of this commitment.

      Japan Hosted a Conference to Boost Ukraine’s Economic Growth and Recovery

      Retrieved on: 
      Donnerstag, Februar 29, 2024

      On February 19th, representatives of the governments of Japan and Ukraine, as well as business organizations, gathered in Tokyo for the Japan-Ukraine Conference for Promotion of Economic Growth and Reconstruction.

      Key Points: 
      • On February 19th, representatives of the governments of Japan and Ukraine, as well as business organizations, gathered in Tokyo for the Japan-Ukraine Conference for Promotion of Economic Growth and Reconstruction.
      • View the full release here: https://www.businesswire.com/news/home/20240229458562/en/
        Prime Minister Kishida Fumio emphasized how Japan can contribute to Ukraine’s post-war reconstruction.
      • (Photo by: Cabinet Public Affairs Office)
        The Japanese government delegation, led by Prime Minister of Japan Kishida Fumio, pledged long-term support for Ukraine's recovery through public-private partnership.
      • With the public-private partnership announced at this conference, Japan plans to use its technological expertise and experience in post-disaster recovery and reconstruction to strengthen its support for Ukraine.

      G7 Leaders' Statement

      Retrieved on: 
      Samstag, Februar 24, 2024

      Instead, he is forcing his own people to pay a heavy price for his government's reckless actions each day.

      Key Points: 
      • Instead, he is forcing his own people to pay a heavy price for his government's reckless actions each day.
      • He has drained Russia's resources to fund an unnecessary war, torn Russian families apart, and claimed hundreds of thousands of Russian lives.
      • We are stepping up our security assistance to Ukraine and are increasing our production and delivery capabilities, to assist the country.
      • We praise Ukraine's achievements to date and welcome the European Council's decision last December to open accession negotiations with Ukraine.

      SEC Proposes Rule to Update Definition of Qualifying Venture Capital Funds

      Retrieved on: 
      Mittwoch, Februar 14, 2024

      Proposal would inflation adjust the dollar threshold to be considered a qualifying venture capital fund

      Key Points: 
      • Washington, D.C.--(Newsfile Corp. - February 14, 2024) - The Securities and Exchange Commission today proposed a rule that would update the dollar threshold for a fund to qualify as a “qualifying venture capital fund” for purposes of the Investment Company Act of 1940 (Act).
      • The rule would update the dollar threshold to $12 million aggregate capital contributions and uncalled committed capital, up from the current standard of $10 million.
      • Qualifying venture capital funds are excluded from the Act’s definition of an “investment company.” The Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 requires the Commission to index the dollar figure for this threshold to inflation once every five years.
      • The proposed rule also would establish a process for future inflation adjustments every five years.

      Bank of Botetourt Records Profitable 2023; Board Votes to Increase Common Dividend by 3.9%

      Retrieved on: 
      Donnerstag, Februar 1, 2024

      For the twelve months-ended December 31, 2023 the Bank produced net income amounting to $8,173,000 or $3.95 per basic share.

      Key Points: 
      • For the twelve months-ended December 31, 2023 the Bank produced net income amounting to $8,173,000 or $3.95 per basic share.
      • The Board voted to increase the quarterly common dividend from $0.1925 to $0.20 per share, or $0.80 per share annualized.
      • The dividend  increase of 3.9% per share annualized is payable on February 16, 2024 to common shareholders of record February 12, 2024.
      • As of December 31, 2023 Bank of Botetourt reported its CBLR ratio at 10.36% which meets the required regulatory minimum ratio.