Economic growth

Christine Lagarde: Unlocking the power of ideas

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Tuesday, April 23, 2024
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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

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Thursday, April 18, 2024
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Key Points: 

    US monetary policy is more powerful in low economic growth regimes

    Retrieved on: 
    Tuesday, 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: 
      Monday, February 26, 2024
      Rakuten, Digital transformation, Reconstruction, Economic growth, LOI, Innovation, EVP, USD, Investment, Conference, Open, Euronext Amsterdam, Organization, Kyivstar, CSO, Radio access network, Telecommunications, Development, VEON

      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: 
      Thursday, February 29, 2024
      Other Philanthropy, Technology, Other Defense, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Defense, Construction & Property, Other Transport, Urban Planning, Utilities, Transport, Energy, Biotechnology, Other Technology, Other Education, Philanthropy, Health, Education, Agriculture, Natural Resources, Economic growth, Multimedia, Government, Conference, Private sector, Information technology, Knowledge, Speech, Partnership

      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: 
      Saturday, February 24, 2024
      Reconstruction, Weapon, Economic growth, Failure, Person, South Korea, Return, G7, International, Alexei Navalny, Platform, Joint, Kremlin, International law, Core Group, Grain, Crime, EUR, International Criminal Court, Council, War, Conventional weapon, Pressure, Life, Conference, Aggression, Metal, United Nations, Support, Prisoner, UN, International financial institutions, Acquisition, Refugee, European Council, Government, World Bank, Corruption, Republic, Death, Atrocity, Charter, Food, Arms industry

      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: 
      Wednesday, February 14, 2024
      Federal Register, Security (finance), Consumer Protection Act, Economic growth, Commission, Comment, Register, Cryptocurrency

      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: 
      Thursday, February 1, 2024
      Economic growth, Family, Interest, Marketing, Dividend, Sale, Bank, Consumer Protection Act, ATM, Real estate

      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.

      BIP Asia Forum and Entrepreneur Day shed light on innovation and tech trends

      Retrieved on: 
      Sunday, December 10, 2023
      Policy, Incubator, APEC, Business, Government, I&T, Robotics, Forum, HKTDC, ESG, Express, Entrepreneurship, AI, HKSAR, Innovation, GBA, Future, NFT, SME, Moongate, Benchmarking, Exhibition, Economic growth, Investment, Creative industries

      The BIP Asia Forum welcomed over 2,500 participants, while E-Day attracted more than 10,000 visitors.

      Key Points: 
      • The BIP Asia Forum welcomed over 2,500 participants, while E-Day attracted more than 10,000 visitors.
      • With IP and innovation being inextricably linked, this year's BIP Asia Forum was organised under the theme IP & Innovation: Steering New Economic Growth.
      • Various seminars and exhibitions were held across four major series, Emerging Trends for Tech and Innovation, Fuelling the Future, Market Exploration and Inspirational Masterclass.
      • Replay of E-Day events will be available from 9 January 2024.
        Business of IP Asia Forum website: https://bipasia.hktdc.com/en/

      BIP Asia Forum and Entrepreneur Day open today

      Retrieved on: 
      Thursday, December 7, 2023
      Cloud, Entrepreneurship, Intellectual property, Convention center, Woman, Government, COVID, Hang Seng Bank, Female, Microsoft, I&T, Forum, HKTDC, HKSAR, Exhibition, IP, Economic growth, Groupe MCM, Start, Policy, GBA, Incubator, EEG, WIPO, Competition, Innovation, SME, Artificial intelligence, Information, Data, Investment, NVIDIA, Global Exchange, IBS, ITU, City, Digital recording, Factory, Growth, Creative industries

      - InnoClub, co-developed by the HKTDC and Hang Seng Bank, recognises innovative winners

      Key Points: 
      • - InnoClub, co-developed by the HKTDC and Hang Seng Bank, recognises innovative winners
        HONG KONG, Dec 7, 2023 - (ACN Newswire) - The 13th Business of IP Asia Forum (BIP Asia Forum), jointly organised by the Hong Kong Trade Development Council (HKTDC) and the Hong Kong Special Administrative Region Government (HKSAR Government), along with the 15th Entrepreneur Day (E-Day) hosted by HKTDC, open today.
      • The development of the GBA strengthens interconnectivity and cooperation among its cities across industries, including IP and innovation.
      • The BIP Asia Forum, themed IP & Innovation: Steering New Economic Growth, gathers over 90 industry leaders to share their valuable insights.
      • Business of IP Asia Forum website: https://bipasia.hktdc.com/en/