International economics

Diebold Nixdorf Names Ilhami Cantadurucu to Lead Global Retail Business

Retrieved on: 
Jeudi, décembre 8, 2022
Industrial engineering, International economics, Retail, NYSE, Diebold Nixdorf, Global Accounting Alliance, Ilhami, University, Heriot-Watt University, DBD, Management, Incorporated

Cantadurucu previously served the company as head of Global Accounts for the Retail business segment.

Key Points: 
  • Cantadurucu previously served the company as head of Global Accounts for the Retail business segment.
  • In his new leadership role, he will be responsible for Diebold Nixdorf's global retail business strategy and operations, including business development, global sales and customer relationship management.
  • Cantadurucu will also serve as a member of the company's senior executive leadership team, reporting to Octavio Marquez, Diebold Nixdorf president and chief executive officer.
  • As a key leader within Diebold Nixdorf for nearly 20 years, Cantadurucu has most recently been responsible for driving the strategies and operations for the company's top global retail accounts.

Christine Lagarde: Monetary policy in a new environment

Retrieved on: 
Samedi, novembre 26, 2022
Low-carbon economy, Public sector, Interest, Private sector, Risk, Climate, Euro, Communication, Mineral, Society, Central bank, Swings, Time, ECB, Efficiency, International Monetary Fund, Public policy, Federal Reserve Bank, Lagarde, GDP, Semiconductor, Environment, Reproduction, Bank of Estonia, Policy, Fiscal policy, Crêpe paper, Speech, Value Line, Frankfurt, Oil, Growth, European Investment Bank, Peterson Institute for International Economics, Climate change, European Central Bank, European Commission, Brueghel, International Energy Agency, Tax, Dynamics, Congress, International economics, Balke, Marketing, Satellite navigation device, Risk management, Retail, Renewable energy, Milk, Weapon, Agriculture, Fossil fuel, Track (rail transport), Bank, European, EU

And this has implications for the focus of macroeconomic policy in the years to come.

Key Points: 
  • And this has implications for the focus of macroeconomic policy in the years to come.
  • And in this context, swings in demand caused by the closing and reopening of the economy have hit a wall.
  • [3] And in this environment, it is uncertain whether a seamless expansion of supply will continue and how global demand will be affected.
  • For monetary policy, this changing environment creates considerable challenges.
  • That is why we have been raising rates at our fastest pace ever by 200 basis points in our last three policy meetings.
  • But we also need to normalise our other policy tools and so reinforce the impulse from our rate policy.
  • But now the environment has changed completely and we need to ensure that the lower cost of funding the TLTRO created for banks does not impede monetary transmission when policy normalisation is required.
  • Similarly, large-scale asset purchases were necessary to expand the policy stance when interest rates were close to the lower bound.
  • In parallel, our tools for preserving the orderly transmission of monetary policy notably flexible reinvestments under the pandemic emergency purchase programme and the new transmission protection instrument will remain in place.
  • Monetary policy will ensure a timely return of inflation to our medium-term target.
  • But the economic outlook will also depend on the alignment between monetary policy and other actors.
  • In the current environment of high inflation, fiscal policy needs to be temporary, targeted and tailored.
  • Looking further ahead, while monetary policy can steer demand, it cannot remove existing constraints on economic growth.
  • The effects of this shift are uncertain, but the duty of monetary policy is not.
  • But if we want to rebuild our supply capacity and strengthen domestic sources of growth, other policy areas need to refocus.
  • International Monetary Fund (2022), Near-term Macroeconomic Impact of Decarbonization Policies,
    World Economic Outlook, October.
  • Lagarde, C. (2022), Monetary policy in a high inflation environment: commitment and clarity, lecture organised by Eesti Pank and dedicated to Professor Ragnar Nurkse, Tallinn, 4 November.

Intel Elects Barbara G. Novick to Board of Directors

Retrieved on: 
Mardi, novembre 22, 2022
Networks, Semiconductor, Hardware, Consumer Electronics, Technology, IDM, Woman, Committee, Drive, Peterson Institute for International Economics, BlackRock, AFX, Intel, Investment Company Institute, Human, Committee on Capital Markets Regulation, INTC, Name, Multimedia, Economics, Finance, New York Life Insurance Co. v. Dunlevy, Intelligence, Public policy, Compensation, Cornell University, Semiconductor, Bachelor of Arts in Child Advocacy, International economics, Novick, International finance, Management

Intel Corporation today announced that Barbara G. Novick, co-founder and senior advisor at BlackRock Inc., was elected to its board of directors, effective Dec. 1, 2022.

Key Points: 
  • Intel Corporation today announced that Barbara G. Novick, co-founder and senior advisor at BlackRock Inc., was elected to its board of directors, effective Dec. 1, 2022.
  • View the full release here: https://www.businesswire.com/news/home/20221122005209/en/
    Barbara G. Novick, co-founder and senior advisor at BlackRock Inc., joins Intel's board of directors effective Dec. 1, 2022.
  • (Photo: Business Wire)
    As co-founder and leader of one of the worlds most successful investment firms, Barbara brings a unique perspective to Intels board, said Omar Ishrak, chairman of the Intel board.
  • Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

Claire Casey Selected as New AARP Foundation President

Retrieved on: 
Lundi, novembre 14, 2022
Financial Times, AARP, Americas Quarterly, Institute of International Politics and Economics, Growth, Magazine, Workplace, Johns Hopkins School of Education, International relations, Poverty, Non-governmental organization, Social media, Awareness, Foundation, Empowerment, Middlebury College, Leadership, Hope, Economics, Food security, International economics, Ageing, Research, Paul H. Nitze School of Advanced International Studies, Political economy, Foreign Policy, Publication, Telegraphy, AARP the Magazine, Society, Management, Policy

WASHINGTON, Nov. 14, 2022 /PRNewswire/ -- AARP Foundation is pleased to announce Claire Casey as its next president after an extensive nationwide search.

Key Points: 
  • WASHINGTON, Nov. 14, 2022 /PRNewswire/ -- AARP Foundation is pleased to announce Claire Casey as its next president after an extensive nationwide search.
  • "Claire has extensive leadership experience in addressing global poverty and aging with a complex, large organization," said AARP Chief Executive Officer Jo Ann Jenkins.
  • Casey will come to the Foundation from Economist Impact, where she is global head of Policy & Insights, managing teams on five continents.
  • AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin.

Benefits of macroprudential policy in low interest rate environments

Retrieved on: 
Vendredi, novembre 11, 2022
Zero, American Economic Review, NBER, Risk, The 4% Solution, American Economic Journal, Macroeconomic model, ECB, Business economics, Central bank, Research, Journal of International Economics, International economics, Economic consequences of the 2006 Thai coup d'état, Population, Federal Reserve, Complementarity, Natural rate of interest, Coronavirus, Caballero, No, Summer, Time, Journal of Monetary Economics, Policy, RESEARCH, Probability, Journal, Monetary economics, Zero lower bound, Directorate, International Trends, Structure of the Federal Reserve System, Ben Bernanke, ELB, Statistics, Holston, COVID-19, European Central Bank, Life insurance, Adhesive, Insurance, Agriculture, Pharmaceutical industry, Bookkeeping, Renewable energy, Bank, Real estate, Food industry, Textile, Marketing, Economics, Markus Brunnermeier

Short-term interest rates in the euro area and the United States

Key Points: 
  • Short-term interest rates in the euro area and the United States

    Notes: Benchmark short-term nominal interest rate (panel A) and natural rate of return (panel B) for the euro area and the United States.

  • Low levels of the natural rate for protracted periods of time pose challenges for the conduct of conventional monetary policy.
  • This can happen because the ELB on nominal interest rates precludes the policy rate from tracking the natural rate if the latter falls below the bound.
  • In economies with low natural rates, such as the euro area today, macroprudential policy can have benefits for the effectiveness of conventional monetary policy, in addition to safeguarding financial stability.
  • The natural rate which is a risk-free, short-term real interest rate therefore increases as well.
  • The above benefit points to a novel complementarity between macroprudential policy and conventional monetary policy, which takes place only in environments with low interest rates.
  • If these conditions hold, macroprudential policy boosts the natural rate above the ELB, and it does so unintentionally, simply as a by-product of safeguarding financial stability.
  • That is, macroprudential policy still improves the effectiveness of conventional monetary policy, but it does not allow the policy rate to accommodate aggregate demand appropriately without hitting the ELB.
  • In economies with low natural rates, macroprudential policy can have benefits for the effectiveness of conventional monetary policy, in addition to safeguarding financial stability.
  • These benefits arise because macroprudential policy boosts the natural rate simply as a by-product of containing systemic risk in financial markets which gives the central bank more room for stimulating aggregate demand, especially during downturns.

DEM BioPharma Establishes Leadership Team with Appointment of Nenad Grmusa as CEO and Christophe Quéva, Ph.D., as CSO

Retrieved on: 
Mardi, septembre 27, 2022
General Health, Other Health, Health, Pharmaceutical, Oncology, International economics, VP, EM, Doctor of Philosophy, Fred Hutchinson Cancer Research Center, Whitehead Institute, CEI, Brandeis University, Center, Research, CRISPR, Â, Innovation, Neoplasm, Phagocytosis, West Virginia University, Company, Senior, GSK, Macrophage, Industry, Therapy, University of Lille Nord de France, DRS, Head, Virginia University, History, Johns Hopkins School of Medicine, Amgen, AstraZeneca, Christophe, Drug development, Takeda, Harvard Medical School, Stanford University, Gilead Sciences, Genomics, R, DEM, Multimedia, University, SVP, Drug discovery, Management, Fine chemical, Vaccine, Immunology, Life

The company simultaneously announced the prior appointment of Loise Francisco-Anderson, Ph.D., as SVP and Head of Biology.

Key Points: 
  • The company simultaneously announced the prior appointment of Loise Francisco-Anderson, Ph.D., as SVP and Head of Biology.
  • Mr. Grmusa, Dr. Quva and Dr. Francisco-Anderson join experienced industry leader John McCabe who serves as Chief Financial Officer and Chief Operating Officer.
  • I am thrilled to join DEM Bio and to work alongside this world-class team of leaders in the emerging and highly promising field of innate immune system checkpoint inhibitors, said Mr. Grmusa.
  • Mr. Grmusa brings 20 years of industry experience in business development, pharmaceutical portfolio management, R&D finance and financial planning and analysis.

Virginia (Ginni) M. Rometty elected to Cargill's Board of Directors

Retrieved on: 
Jeudi, septembre 15, 2022
Ginni Rometty, Trustee, International economics, Council, Bangladesh Technical Education Board, Ethics, North Carolina State University, University Innovation Fellows Program, Mitsubishi, IBM, MIT, The Singapore Economic Review, Brookings Institution, Acquisition, Growth, JPMorgan Chase, Chairperson, Peterson Institute for International Economics, Foreign relations, CEO, Technology, Rensselaer Polytechnic Institute, Red Hat, Workplace, Cargill, Leadership, Massachusetts Institute of Technology, Human, Board, Multimedia, African Americans, Education, View, Computer Sciences, Management, Online shopping, Northwestern University

MINNEAPOLIS, Sept. 15, 2022 /PRNewswire/ -- Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors.

Key Points: 
  • MINNEAPOLIS, Sept. 15, 2022 /PRNewswire/ -- Virginia (Ginni) M. Rometty, former Chairman, President and CEO of IBM, has been elected to the Cargill Board of Directors.
  • We are thrilled to bring her expertise and vision for purpose-driven corporations to Cargill," said Dave MacLennan, Cargill's Board Chair and CEO.
  • In 2020, Rometty was named to the board of directors for JP Morgan Chase.
  • Rometty is a member of the Council on Foreign Relations, the Peterson Institute for International Economics, the Singapore Economic Development Board International Advisory Council, the Mitsubishi UFJ Financial Group Advisory Board and the BDT Capital Advisory Board.

Savvy Cleaner Celebrates Working Moms by Securing Publicist Heather Shelton

Retrieved on: 
Mardi, septembre 6, 2022
CEO, YouTube, Peterson Institute for International Economics, Pains, House, International economics, Mood Swings, Reading, GLOBE, Workplace, Small business, National Women's Law Center, Family, Mother, Knowledge, 1977 National Women's Conference, Woman, Growth, Life, Employment, Social media, Management

CHARLOTTE, N.C., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Savvy Cleaner is encouraging the corporate world to embrace moms returning to work after raising families.

Key Points: 
  • CHARLOTTE, N.C., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Savvy Cleaner is encouraging the corporate world to embrace moms returning to work after raising families.
  • There seems to be a stigma that returning moms are less valuable, or their knowledge and talents are not valid," says Savvy Cleaner's CEO, Angela Brown .
  • Heather Shelton was a natural fit for our Publicist position," adds Brown.
  • When asked about her new employment, Shelton beamed, "The entire Savvy Cleaner team makes me feel welcome.

Nature’s Toolbox Names Yesim Roth as Chief Financial Officer

Retrieved on: 
Jeudi, septembre 1, 2022
Other Manufacturing, Technology, Research, Other Technology, Manufacturing, Other Natural Resources, Other Science, Science, Natural Resources, VP, CEO, RNA, Technology, Computer science, Natural capital, Government, Time, Citibank, Brandeis University, IPO, International economics, Türk Telekom, Multimedia, N-terminal telopeptide, CFO, Smith College, Therapy, Druid, Growth, Industry, Management, Nature, Economics

Nature's Toolbox, Inc. (NTx) , a life sciences company enabling novel RNA product development, today announced that it has appointed Yesim Roth as Chief Financial Officer.

Key Points: 
  • Nature's Toolbox, Inc. (NTx) , a life sciences company enabling novel RNA product development, today announced that it has appointed Yesim Roth as Chief Financial Officer.
  • View the full release here: https://www.businesswire.com/news/home/20220901005293/en/
    NTx has appointed Yesim Roth as Chief Financial Officer.
  • In this strategic role on the NTx executive team, Roth will lead financial systems improvements and contribute to organizational strategy.
  • NTx has developed a truly novel platform that can transform the way life-saving therapeutics are manufactured, said Yesim Roth.

Allied Electronics & Automation Invests in Women in Electronics

Retrieved on: 
Lundi, août 15, 2022
People, London, Electronics industry in China, Industry, Face, Growth, Electrocomponents, Leadership, RS Group, Parity, ESG, Courage, Male, Twitter, International economics, London Stock Exchange, LSE, Allied Electronics, VP, DEI, WE, Social media, Electronics industry, Automation, RS1, Peterson Institute for International Economics, LinkedIn, Time, RS, Public relations, Management, Facebook, Alliance, Electronics, Woman

FORT WORTH, Texas, Aug. 15, 2022 /PRNewswire/ -- Allied Electronics & Automation, a trading brand of RS Group plc (LSE: RS1), a global omni-channel provider of product and service solutions, is now a silver-level sponsor of Women in Electronics, a nonprofit, 501(c)(3) social impact organization dedicated to expanding the opportunities for women and diverse talent in the electronics industry and related end-user markets.

Key Points: 
  • FORT WORTH, Texas, Aug. 15, 2022 /PRNewswire/ -- Allied Electronics & Automation , a trading brand of RS Group plc (LSE: RS1), a global omni-channel provider of product and service solutions, is now a silver-level sponsor of Women in Electronics , a nonprofit, 501(c)(3) social impact organization dedicated to expanding the opportunities for women and diverse talent in the electronics industry and related end-user markets.
  • Allied's sponsorship of Women in Electronics further underscores its award-winning commitment to inclusivity and will help fund the organization's efforts to promote DEI, improve environmental, social and governance (ESG) policies and support the continued growth of the electronics industry.
  • "Allied is committed to fostering a diverse and inclusive workplace environment, and we are very proud of our continued efforts to further improve on our current successes," said Katie Cartwright, VP of People at Allied Electronics & Automation.
  • For more information about Allied Electronics & Automation, please visit www.alliedelec.com/ or connect with us via social media on Facebook , Twitter and LinkedIn .