Pillar

The EBA recommends enhancements to the Pillar 1 framework to capture environmental and social risks

Retrieved on: 
Tuesday, October 17, 2023

Taking a risk-based approach, the Report assesses how the current prudential framework captures environmental and social risks.

Key Points: 
  • Taking a risk-based approach, the Report assesses how the current prudential framework captures environmental and social risks.
  • It recommends targeted enhancements to accelerate the integration of environmental and social risks across the Pillar 1.
  • In particular, the EBA is proposing to:
    Taking a medium-to-longer term perspective, the Report also presents possible revisions of the Pillar 1 framework reflecting the growing importance of environmental and social risks.
  • These include:
    Alongside other policy initiatives outside the prudential framework, the EBA will continue to strengthen the integration of environmental and social risks across all pillars of the regulatory framework.

Enxoo launches API Hub, an “API-as-a-Service” for wholesale carriers

Retrieved on: 
Thursday, October 5, 2023

The wholesale carrier sector has long been overlooked in the realm of digitization, resulting in outdated architectures, siloed databases, and an excessive reliance on manual operations.

Key Points: 
  • The wholesale carrier sector has long been overlooked in the realm of digitization, resulting in outdated architectures, siloed databases, and an excessive reliance on manual operations.
  • With Enxoo API Hub, Network Sellers can effortlessly expose their network capabilities to partners through an automated, self-serve, API-driven channel.
  • A standout feature of Enxoo API Hub is its platform-centric approach, harnessing the power of proven, enterprise-grade tools from Salesforce© and MuleSoft©.
  • This not only accelerates time-to-market but also offers unprecedented flexibility, setting Enxoo API Hub apart as an industry game-changer.

Why is the BRI welcomed as a global public good?

Retrieved on: 
Friday, October 13, 2023

A few days ago, the white paper "The Belt and Road Initiative: A Key Pillar of the Global Community of Shared Future" was issued.

Key Points: 
  • A few days ago, the white paper "The Belt and Road Initiative: A Key Pillar of the Global Community of Shared Future" was issued.
  • So far, over 150 countries and more than 30 international organizations have participated in the BRI.
  • Why was the BRI able to survive and thrive, and even grow into a public good and cooperation platform welcomed by the international community?
  • The BRI has identified the common interests of all parties and met their development needs.

Mercatus Finance Announces Launch of Cash Flow Lending Business with Backing from Arena Investors

Retrieved on: 
Friday, October 13, 2023

NEW YORK, Oct. 13, 2023 /PRNewswire/ -- Mercatus Finance ("Mercatus"), a cash flow lending specialty finance company, announced its official launch.

Key Points: 
  • NEW YORK, Oct. 13, 2023 /PRNewswire/ -- Mercatus Finance ("Mercatus"), a cash flow lending specialty finance company, announced its official launch.
  • Strategically backed with equity from Arena Investors, LP ("Arena"), Mercatus fills an important void for smaller companies seeking cash flow based loans from $20 million to $75 million.
  • Mercatus also has the flexibility, primarily in conjunction with first lien loans, to consider smaller second lien and subordinated debt and equity investments.
  • Mercatus targets lending to companies across industries requiring liquidity to support business transitions, organic growth, acquisitions, restructurings, and changes in ownership or control.

CGTN: How China contributes to building a green 'Belt and Road'

Retrieved on: 
Thursday, October 12, 2023

"I have installed PV (photovoltaic) panels on my roof," said Ahmed, adding that many of the panels in Pakistan were produced in China.

Key Points: 
  • "I have installed PV (photovoltaic) panels on my roof," said Ahmed, adding that many of the panels in Pakistan were produced in China.
  • Besides exporting PV panels, China has assisted Pakistan in utilizing its abundant solar energy and water resources through green energy projects.
  • The Karot hydropower project is just one of the examples of China's efforts in building a green Belt and Road.
  • In the past decade, China has not only forged ahead with its own green transition but also made significant progress in developing a green BRI.

CGTN: How China contributes to building a green 'Belt and Road'

Retrieved on: 
Thursday, October 12, 2023

"I have installed PV (photovoltaic) panels on my roof," said Ahmed, adding that many of the panels in Pakistan were produced in China.

Key Points: 
  • "I have installed PV (photovoltaic) panels on my roof," said Ahmed, adding that many of the panels in Pakistan were produced in China.
  • Besides exporting PV panels, China has assisted Pakistan in utilizing its abundant solar energy and water resources through green energy projects.
  • The Karot hydropower project is just one of the examples of China's efforts in building a green Belt and Road.
  • In the past decade, China has not only forged ahead with its own green transition but also made significant progress in developing a green BRI.

On/Go for Good, Charitable Foundation, Donates Essential Intrivo COVID-19 Test Solutions to the U.S.-Mexico Border Philanthropy Partnership

Retrieved on: 
Wednesday, October 11, 2023

MIAMI, Oct. 11, 2023 /PRNewswire/ -- On/Go for Good, the charitable foundation founded by Intrivo, the leading health technology company that delivers the On/Go digital health suite for a variety of health and wellness related conditions, has made a much needed donation of COVID-19 tests to the U.S.-Mexico Border Philanthropy Partnership (BPP.) The tests are to be used for distribution to the public through the Ventanilla de Salud program at Mexican Consulates throughout the U.S.

Key Points: 
  • Contributions are made in the form of financial support, medical supplies, and technology resources.
  • Our collaboration with the U.S.- Mexico Border Philanthropy Partnership exemplifies our commitment to helping everyone live healthier, happier lives."
  • Andy Carey, Executive Director of the U.S.-Mexico Border Philanthropy Partnership, said, "We are elated to continue to support COVID-19 programming with our partners at On/Go.
  • Recently, On/Go for Good has been recognized by Fierce Healthcare as a 2023 Fierce 50 honoree for Social Impact.

This white paper is a collective report card of over 150 countries: Global Times editorial

Retrieved on: 
Wednesday, October 11, 2023

It can be said that the white paper serves as both a report card for the past decade and a grand blueprint for the future of the Belt and Road cooperation.

Key Points: 
  • It can be said that the white paper serves as both a report card for the past decade and a grand blueprint for the future of the Belt and Road cooperation.
  • In terms of geographic scope, more than 150 countries and over 30 international organizations have joined the Belt and Road cooperation, encompassing over half of the world.
  • The white paper provides a wealth of data and examples that unquestionably demonstrate how the BRI has brought tangible benefits and dividends to the participating countries.
  • As the white paper points out, the BRI is a long-term, transnational and systematic global project of the 21st century and it has succeeded in taking its first step on a long journey.

National Renewable Solutions Announces Bill Whitlock as Chief Executive Officer

Retrieved on: 
Tuesday, October 10, 2023

MINNETONKA, Minn., Oct. 10, 2023 /PRNewswire/ -- Today, National Renewable Solutions (NRS) announced Bill Whitlock as its new Chief Executive Officer, as its outgoing CEO begins a transition to retirement. NRS is a US-based renewable developer with a rich history and success deploying a community-based stakeholder engagement model for its robust utility scale pipeline. Whitlock has had an accomplished career in renewables already. He began his career at Zilkha Renewable Energy (acquired by Goldman Sachs in 2005),  and later served in Senior executive positions at EDPR, Calpine and most recently at Third Pillar Solar, a portfolio company for 547 Energy. The NRS Board made the unanimous decision to appoint Whitlock as CEO this month.   

Key Points: 
  • MINNETONKA, Minn., Oct. 10, 2023 /PRNewswire/ -- Today, National Renewable Solutions (NRS) announced Bill Whitlock as its new Chief Executive Officer, as its outgoing CEO begins a transition to retirement.
  • NRS is a US-based renewable developer with a rich history and success deploying a community-based stakeholder engagement model for its robust utility scale pipeline.
  • Together we are committed to delivering on our promises to our shareholders and the communities in which we operate," Whitlock said.
  • Founded in 2011, NRS originates, acquires, and develops renewable energy projects throughout the US at various stages, including from greenfield through operations.

Press release - Exposure to asbestos: MEPs adopt law to protect workers more robustly

Retrieved on: 
Wednesday, October 4, 2023

Lower level of exposure

Key Points: 
  • Lower level of exposure
    The law aims to reduce exposure to asbestos fibres to the lowest possible level.
  • The new rules also include new requirements to protect workers more robustly.
  • These new rules on asbestos drastically reduce the level of asbestos that workers are exposed to, protecting them from the dangerous carcinogen.
  • It is by far the biggest cause of work-related cancer: 78% of occupational cancers recognised in EU member states are related to asbestos exposure.