University of Pennsylvania Economics Department

The Federal Reserve Takes Bold Step in Exploring Central Bank Digital Currencies

Retrieved on: 
Monday, September 11, 2023

TAMPA, Fla., Sept. 11, 2023 /PRNewswire-PRWeb/ -- As a leader in fintech, Eaton is always looking toward future innovations in digital technology. However, she cautions, "With the lightning-fast pace of tech development and innovation, there needs to be an investment in infrastructure before its universal adoption. And, while digital currency has been around for over a decade, it is still in its beta-testing phase, especially when it comes to meeting consumer protection expectations."

Key Points: 
  • The Federal Reserve, the central bank of the United States, is actively delving into the realm of Central Bank Digital Currencies (CBDCs) with an eye toward revolutionizing financial systems and improving accessibility to digital transactions.
  • The Federal Reserve Act of 1913 established the Federal Reserve System as the central bank in the United States.
  • (1)
    A central bank digital currency (CBDC) is a digital form of a country's currency issued and backed by the central bank.
  • Among them, 26% were conducting CBDC pilots, and over 60% were engaged in experiments or proofs-of-concept related to digital currencies.

CareCloud Spearheads Middle East Expansion at PrecisionMed Expo 2023

Retrieved on: 
Wednesday, May 17, 2023

The event is scheduled to take place from May 23-24, 2023, at the Dubai World Trade Centre, drawing healthcare professionals from across the Middle East and North Africa.

Key Points: 
  • The event is scheduled to take place from May 23-24, 2023, at the Dubai World Trade Centre, drawing healthcare professionals from across the Middle East and North Africa.
  • As part of its expansion into the Middle East, CareCloud has achieved a significant milestone by obtaining its Trade Name Certificate from the United Arab Emirates (UAE) Economic Department.
  • The PrecisionMed Expo provides an exceptional platform for CareCloud to showcase its latest healthcare technology solutions and enhance brand exposure across the Gulf Corporation Council countries.
  • Commenting on the significance of participating in the PrecisionMed Expo 2023, CareCloud President and Chief Executive Officer Hadi Chaudhry said, "As we pursue emerging growth opportunities in the Middle East, our participation in this event is a tremendous opportunity for CareCloud.

"Understanding China - GBA Dialogue" Conference Discusses New Development Paradigm and Solutions for Global Growth

Retrieved on: 
Thursday, May 4, 2023

GUANGZHOU, China, May 4, 2023 /PRNewswire/ -- A seminar of the annual "Understanding China – GBA Dialogue" conference recently gathered distinguished figures in the realm of politics, academics, and business to shed light on the cooperation opportunities lying ahead of China and the world to boost economic recovery in the post-pandemic era.

Key Points: 
  • Thematically focused on "New Development Paradigm and Balanced, Coordinated, and Inclusive Global Economic Development", the event, co-hosted by China Institute for Innovation & Development Strategy, gave a platform for global leaders to delve into topics concerning today's key challenges, and China's role in facilitating global trade and economic rebound.
  • While the global economy has somewhat recovered, the ongoing threat of downward pressures fueled by energy crises and geopolitical frictions continues to persevere, with rising international tensions introducing further uncertainty that clouds the global growth outlook.
  • Director of the China Economic Research Center at the China Institute for Innovation and Development Strategy, Liu Xinghua, emphasized that it is the collective responsibility of all nations to pursue the path of peaceful development and collaborate in resolving global economic problems.
  • He stressed the importance of establishing a just and equitable global economic framework that prioritizes balance, coordination, inclusiveness, cooperation, and common prosperity.

"Understanding China - GBA Dialogue" Conference Discusses New Development Paradigm and Solutions for Global Growth

Retrieved on: 
Thursday, May 4, 2023

GUANGZHOU, China, May 4, 2023 /PRNewswire/ -- A seminar of the annual "Understanding China – GBA Dialogue" conference recently gathered distinguished figures in the realm of politics, academics, and business to shed light on the cooperation opportunities lying ahead of China and the world to boost economic recovery in the post-pandemic era.

Key Points: 
  • Thematically focused on "New Development Paradigm and Balanced, Coordinated, and Inclusive Global Economic Development", the event, co-hosted by China Institute for Innovation & Development Strategy, gave a platform for global leaders to delve into topics concerning today's key challenges, and China's role in facilitating global trade and economic rebound.
  • While the global economy has somewhat recovered, the ongoing threat of downward pressures fueled by energy crises and geopolitical frictions continues to persevere, with rising international tensions introducing further uncertainty that clouds the global growth outlook.
  • Director of the China Economic Research Center at the China Institute for Innovation and Development Strategy, Liu Xinghua, emphasized that it is the collective responsibility of all nations to pursue the path of peaceful development and collaborate in resolving global economic problems.
  • He stressed the importance of establishing a just and equitable global economic framework that prioritizes balance, coordination, inclusiveness, cooperation, and common prosperity.

ITPI Law and Technology Policy Paper Competition In Collaboration with the Israel Ministry of Justice

Retrieved on: 
Sunday, February 26, 2023

ITPI Law and Technology Policy Paper Competition In Collaboration with the Israel Ministry of Justice

Key Points: 
  • ITPI Law and Technology Policy Paper Competition In Collaboration with the Israel Ministry of Justice
    Last month (January 11, 2023), the Israel Tech Policy Institute held the final event of the ‘Law and Technology Policy Paper Competition’ with the presence of Adv.
  • The winning students from Sapir Academic College were awarded a prize worth NIS 5,000 by the Ministry of Justice.
  • The winning paper was also translated into English – courtesy of the Israel Technology Policy Institute.
  • Cedric Sabbah, Director, International Cybersecurity and IT Law, Office of the Deputy Attorney General (International Law), Israel Ministry of Justice
    - Adv.

Online Academic Conferences Power International Academic Communication, Providing Domestic Young Scholars with World Stages

Retrieved on: 
Tuesday, February 14, 2023

With the help of new media platforms and online meeting software, conference organizers gradually accomplished the conference transformation from offline to online.

Key Points: 
  • With the help of new media platforms and online meeting software, conference organizers gradually accomplished the conference transformation from offline to online.
  • These international academic conferences are providing more opportunities for Chinese scholars, especially the young to go abroad and communicate with peers from all over the world.
  • View the full release here: https://www.businesswire.com/news/home/20230212005042/en/
    The International Conference on Economic Management and Green Development (ICEMGD) is one of the representative international academic conferences using online approaches.
  • Over years, we have always been committed to professional support for scholars, no matter offline or online.

Tecogen Appoints Dr. John M Albertine to Board of Directors

Retrieved on: 
Wednesday, December 7, 2022

WALTHAM, MA, Dec. 07, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce the appointment of Dr. John M Albertine to the Board of Directors.

Key Points: 
  • WALTHAM, MA, Dec. 07, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Tecogen Inc. (OTCQX: TGEN), a clean energy company providing ultra-efficient and clean on-site power, heating, and cooling equipment, is pleased to announce the appointment of Dr. John M Albertine to the Board of Directors.
  • Presently he is the CEO of Albertine Enterprises Inc. a public policy and advocacy firm based in Washington DC.
  • Dr. Albertine has a Ph.D. in Economics from the University of Virginia and Doctor of Humanities (honorary) from King’s College, PA.
  • “We are honored to have Dr. Albertine join our board of directors.

Highlights - Exchange of views on the FTX crypto exchange collapse and implications for the EU - Committee on Economic and Monetary Affairs

Retrieved on: 
Saturday, November 26, 2022

Exchange of views on the FTX crypto exchange collapse and implications for the EU

Key Points: 
  • Exchange of views on the FTX crypto exchange collapse and implications for the EU
    25-11-2022 - 10:51
    On Wednesday 30 November 2022, from 10:05 to 11:20, the ECON Committee will hold an exchange of views regarding the "FTX cryptocurrency exchange collapse and implications for the EU".
  • Three speakers are invited to participate, including MEP Stefan Berger (EPP) - Markets in Crypto-Assets (MiCA) Rapporteur, Ms. Alexandra Jour-Schroeder, Deputy Director General for Financial Services, Financial Stability and Capital Markets Union (FISMA), and Mr. Steffen Kern, Head of the Risk Analysis & Economics Department at the European Securities and Markets Authority (ESMA).
  • The speakers will provide their preliminary assessment of the events.

Howard University Announces Record $122 Million in Annual Research Funding; Creating New Opportunities for Students & Faculty

Retrieved on: 
Friday, October 21, 2022

Today, Howard surpassed that goal two years early by raising $122 million in Fiscal Year 2022, a record sum for any Historically Black College or University (HBCU).

Key Points: 
  • Today, Howard surpassed that goal two years early by raising $122 million in Fiscal Year 2022, a record sum for any Historically Black College or University (HBCU).
  • With our new approach to research funding, we are creating more opportunities for leading Black scholars today, while training the next generation of leaders.
  • In 2018, President Frederick relaunched Howards Office of Research and recruited Dr. Bruce Jones, Ph.D. to lead the effort.
  • With this influx of funding, Howard University is on track to becoming an R1 Research University in the coming years, a recognition awarded to the top 3.5 percent of research universities.

Former Bridgewater Executive Launches “Unlimited” to Bring Alternative Investment Strategies to Investors Without the High Fees

Retrieved on: 
Tuesday, October 11, 2022

NEW YORK, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Bob Elliott, former member of the Investment Committee at Bridgewater Associates, today announced the launch of Unlimited , a new investment firm purpose-built to give all investors exposure to the alpha-generating potential of alternative investment strategies without the high fees and adverse tax implications.

Key Points: 
  • NEW YORK, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Bob Elliott, former member of the Investment Committee at Bridgewater Associates, today announced the launch of Unlimited , a new investment firm purpose-built to give all investors exposure to the alpha-generating potential of alternative investment strategies without the high fees and adverse tax implications.
  • After spending many years in the hedge fund industry, weve identified that investors are either ill-served by exorbitant fees in the asset class or are unable to access such exclusive strategies, said Mr. Elliott.
  • Investors facing a period of high volatility and uncertainty are increasingly looking for investments that will diversify their portfolios to help weather varied market conditions.
  • He has built innovative investment strategies for over two decades, most recently as a member of the Investment Committee at Bridgewater Associates, LP, the worlds largest hedge fund.