Romania Finance – Online Subtitrat http://onlinesubtitrat.biz/ Mon, 10 Jan 2022 03:34:58 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://onlinesubtitrat.biz/wp-content/uploads/2021/05/cropped-icon-32x32.png Romania Finance – Online Subtitrat http://onlinesubtitrat.biz/ 32 32 The inflation rate in the United States is likely to rise again: Eco Week https://onlinesubtitrat.biz/the-inflation-rate-in-the-united-states-is-likely-to-rise-again-eco-week/ Sun, 09 Jan 2022 11:02:11 +0000 https://onlinesubtitrat.biz/the-inflation-rate-in-the-united-states-is-likely-to-rise-again-eco-week/ Breadcrumb Links PMN company Author of the article: Bloomberg News Vince Golle Content of the article (Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. U.S. inflation has likely reached its fastest level in four decades, leading to a shift in the Federal Reserve’s approach to […]]]>

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(Bloomberg) – Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.

U.S. inflation has likely reached its fastest level in four decades, leading to a shift in the Federal Reserve’s approach to monetary policy as well as greater consumer concern about the economy.

The widely followed consumer price index on Wednesday is expected to rise 7.0% for the year through December and 0.4% from the previous month. The next day, another report from the Department of Labor is expected to show prices paid to producers jumped nearly 10% in 2021. Retail sales and industrial production reports for December arrive on Friday.

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The surge in inflation shows why US officials are bracing for faster-than-expected monetary policy normalization. Added to this is evidence of a tight labor market, including rising wages and falling unemployment in Friday’s data.

Fed watchers could get more clarification in the coming week as to whether the interest rate take-off could take place as early as March and when the central bank begins to reduce its balance sheet by $ 8.8 trillion. .

President Jerome Powell testified Tuesday before the Senate Banking Committee on his appointment for a second four-year term. Two days later, Fed Governor Lael Brainard appears before the same panel in a hearing to confirm his elevation to vice president. Other Fed officials who will speak include Loretta Mester, Esther George, Charles Evans and James Bullard.

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What Bloomberg Economics Says:

“With the unemployment rate falling below the median estimate of the long-term neutral rate by the FOMC participant and wages rising rapidly, this employment report will likely alleviate lingering doubts on the part of the more accommodating members of the FOMC. “

–Anna Wong and Andrew Husby. For the full report, click here

Elsewhere, inflation data could show Chinese price pressures easing, Germany will give an indication of its growth in the last quarter of 2021, and South Korea and Romania are expected to continue to tighten monetary policies.

Click here to find out what happened over the past week and here’s our recap of what’s happening in the global economy.

Asia

Sri Lanka hosts a visit from Chinese Foreign Minister Wang Yi this weekend as the country questions whether it might need to seek help from the International Monetary Fund or Beijing as its foreign exchange reserves are depleted. weak.

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South Korea’s employment figures precede the Bank of Korea’s interest rate decision on Friday, with some economists now predicting a back-to-back hike from Governor Lee Ju-Yeol.

China is releasing midweek price data that may offer more evidence that inflation pressure has peaked there at the moment. In contrast, Indian inflation is expected to pick up again.

China’s trade figures at the end of the week are expected to show a new annual export record as Beijing sticks to a Covid-zero strategy that keeps its factories open, benefiting from recovering global demand. The Bank of Japan gives its assessment of the health of the country’s local economies ahead of a policy meeting the following week.

To learn more, read the full upcoming week for Asia from Bloomberg Economics.

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Europe, Middle East, Africa

Joachim Nagel’s first full week as President of the German Bundesbank will be marked by a virtual handover event on Tuesday featuring his predecessor, Jens Weidmann, Finance Minister Christian Lindner and European Central Bank President Christine The guard.

Meanwhile, on Friday, an official German growth estimate for the year 2021 will offer the first indication in the Group of Seven of an expansion for the fourth quarter, after news of an unexpected drop in industrial production in this country in November. The impact of this drop on overall industrial production in the eurozone will be visible in Wednesday’s data.

Friday will also be a highlight in the UK, where monthly gross domestic product and industrial data for November will be released, likely showing a fourth consecutive increase.

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Inflation in the eurozone remains a hot topic after a surprise acceleration reported on Friday. Isabel Schnabel, member of the ECB’s executive board, said on Saturday that the continent’s green energy transition could mean that “inflation will stay higher for longer”.

Eastern Europe will be a hot spot for monetary policy action. Romania’s central bank is expected to raise interest rates on Monday, while decisions are also expected Thursday in Serbia and Hungary.

Ghana’s figures due on Wednesday are expected to show inflation accelerated to 12.5% ​​in December, surpassing the top of the central bank’s 6% to 10% target range for a fourth month. Even so, authorities may not raise rates until they see whether the 100 basis point increase in November stops inflation.

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Turkey’s current account data on Tuesday is expected to show a shift to a deficit in November in the absence of a significant boost from tourism. Turkey posted a surplus for three months before November thanks to a jump in trade and the services balance.

To learn more, read the full upcoming week of Bloomberg Economics for the EMEA.

Latin America

Mexican industrial production figures for November, released on Tuesday, could add to the evidence that Latin America’s second-largest economy is slipping into a recession.

December’s reading on consumer prices in Brazil should broadly show that inflation has peaked and ended 2021 slightly below the central central bank forecast of 10.2%. The return to the target will not happen before the third quarter of 2023 at the earliest, now forecasts the bank.

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The Mexican labor market is on the rise, although it remains below pre-pandemic levels. Continuing weakness in services employment is likely to weigh on December’s formal employment data released on Wednesday. In Brazil, the services sector is also struggling and November data due Thursday will likely show a slowdown in activity for a sixth month.

Look for Argentina’s consumer price report for December Thursday to show a slight easing from November’s 51.2% pace. The 2022 inflation path will owe a lot to the timing of a new loan agreement with the IMF that sets targets on public spending and debt.

Inflation, rising interest rates and high household debt have soured Brazilian consumers’ sentiment. Buyers sidelined have many analysts looking for a fourth month of negative impressions in retail data released on Friday.

For more information, read the full upcoming week of Bloomberg Economics for Latin America.

© 2022 Bloomberg LP

Bloomberg.com

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KKR, PAG Vie for the Apollo Arm call center business in India https://onlinesubtitrat.biz/kkr-pag-vie-for-the-apollo-arm-call-center-business-in-india/ Fri, 07 Jan 2022 14:06:39 +0000 https://onlinesubtitrat.biz/kkr-pag-vie-for-the-apollo-arm-call-center-business-in-india/ (Bloomberg) – Buyout firms KKR & Co. and PAG are among preliminary bidders for IGT Solutions Pvt, the Indian call center business sold by a branch of Apollo Global Management, according to people familiar with the matter . Bloomberg’s Most Read IGT Solutions, which is owned by Apollo’s subsidiary Aion Capital Partners, also attracted initial […]]]>

(Bloomberg) – Buyout firms KKR & Co. and PAG are among preliminary bidders for IGT Solutions Pvt, the Indian call center business sold by a branch of Apollo Global Management, according to people familiar with the matter .

Bloomberg’s Most Read

IGT Solutions, which is owned by Apollo’s subsidiary Aion Capital Partners, also attracted initial interest from Indian back office manager WNS Holdings Ltd., people said. Aion is looking for more than $ 700 million for the asset, the people said.

Aion plans to solicit final offers for the company next month, the people said. He aims to sign an agreement with a buyer as early as this quarter, according to one of the people.

Other suitors could emerge as well, and there is no certainty that the deliberations will result in a deal, the people said. Representatives for Apollo and KKR declined to comment. Spokesmen for PAG and WNS did not immediately respond to requests for comment.

Founded in 1998, IGT Solutions employs more than 15,000 workers in approximately 22 delivery centers in India, Philippines, China, Malaysia, United Arab Emirates, Romania, Indonesia, Spain, Colombia and the United States. United, according to its website.

Aion Capital, formed by Apollo and Indian firm ICICI Venture Funds Management Co., bought IGT for around $ 230 million in early 2019 from the owner of Indian airline IndiGo. ICICI and Apollo terminated the alliance last year, and Apollo will advise on Aion’s investments until the end of the fund’s term.

Bloomberg Businessweek Most Read

© 2022 Bloomberg LP


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Dentons advises banks on the financing of the acquisition by the Supernova group of a portfolio of retail businesses – The Diplomat Bucharest https://onlinesubtitrat.biz/dentons-advises-banks-on-the-financing-of-the-acquisition-by-the-supernova-group-of-a-portfolio-of-retail-businesses-the-diplomat-bucharest/ Thu, 06 Jan 2022 08:59:33 +0000 https://onlinesubtitrat.biz/dentons-advises-banks-on-the-financing-of-the-acquisition-by-the-supernova-group-of-a-portfolio-of-retail-businesses-the-diplomat-bucharest/ Dentons law firm assisted a consortium of banks – Erste Group Bank, Raiffeisen Bank International, Raiffeisen Bank Romania and BCR – in the financing of the acquisition by the Supernova Group of six premier shopping centers operating under the Cora brand. of the Louis Delhaize Group. The transaction was one of the largest acquisition financings […]]]>

Dentons law firm assisted a consortium of banks – Erste Group Bank, Raiffeisen Bank International, Raiffeisen Bank Romania and BCR – in the financing of the acquisition by the Supernova Group of six premier shopping centers operating under the Cora brand. of the Louis Delhaize Group. The transaction was one of the largest acquisition financings in Romania in 2021, and the largest in the retail sector.

Dentons assisted the consortium of banks in a complex sale and leaseback transaction to partially finance the acquisition of real estate assets, with a total leasable area of ​​approximately 140,000 m². The financing will also be used to partly finance the renovation and extension of commercial assets, which is expected to be completed in the coming years. Following this transaction, Louis Delhaize will continue to operate the six Cora hypermarkets as a benchmark tenant.

Partner Simona Marin, head of Dentons’ banking and finance team in Bucharest, assisted by senior partner Sandra Constantin and partners Cristina Staicu and Alin Serea, coordinated the financing transaction from structuring to closing, and aligned the financial documentation with the acquisition strategy and acquisition documents. Real estate partner Bogdan Papandopol and associates Isabela Gheorghe and Bianca Isache provided a bankability assessment on the real estate side and the project document.

Simona Marin said, “This transaction demonstrates Dentons’ strength in bringing together a multi-skilled team with experience in acquisition finance and real estate finance to provide financing solutions for complex transactions.

BPV Grigorescu Stefanica advised the real estate group Supernova on the acquisition, while Act Legal Botezatu Estrade Partners advised the parent companies of Cora, the Louis Delhaize and Galimmo groups.


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NEPI ROCKCASTLE PLC – Managerial succession: appointment of the CEO and interim CFO – SENS https://onlinesubtitrat.biz/nepi-rockcastle-plc-managerial-succession-appointment-of-the-ceo-and-interim-cfo-sens/ Tue, 04 Jan 2022 06:45:00 +0000 https://onlinesubtitrat.biz/nepi-rockcastle-plc-managerial-succession-appointment-of-the-ceo-and-interim-cfo-sens/ Management succession: appointment of interim CEO and CFO NEPI Rockcastle plcIncorporated and registered in the Isle of ManRegistered number 014178VShare code: NRPISIN: IM00BDD7WV31(‘NEPI Rockcastle’ or ‘the Group’ or ‘the Company’) MANAGEMENT SUCCESSION: APPOINTMENT OF INTERIM CEO AND CFO NEPI Rockcastle’s Board is pleased to announce the appointment of Rudiger Dany (currently Chief OperatingOfficer) and Eliza […]]]>
                            

Management succession: appointment of interim CEO and CFO

NEPI Rockcastle plc
Incorporated and registered in the Isle of Man
Registered number 014178V
Share code: NRP
ISIN: IM00BDD7WV31
(‘NEPI Rockcastle’ or ‘the Group’ or ‘the Company’)

MANAGEMENT SUCCESSION: APPOINTMENT OF INTERIM CEO AND CFO

NEPI Rockcastle’s Board is pleased to announce the appointment of Rudiger Dany (currently Chief Operating
Officer) and Eliza Predoiu (currently Deputy Chief Financial Officer) as interim Chief Executive Officer
(‘CEO’) and interim Chief Financial Officer (‘CFO’) respectively. The appointments will be effective from
1 February 2022 and for an initial period leading to the announcement of the Company’s 2022 interim results
for the six months ending 30 June 2022. Mr. Dany and Mrs. Predoiu will succeed Mr. Alexandru Morar and
Ms. Mirela Covasa who, after 15 years and 10 years of service with the company, will resign from their
positions as CEO and CFO respectively with effect from 1 February 2022.

Mr. Dany joined the company on 6 July 2021 and was appointed as Chief Operating Officer effective on 18
August 2021. He has extensive professional experience of more than 30 years in retail, commercial real estate,
leasing and asset management. He worked in international environments across Europe (including Germany,
Poland, Slovakia, Czech Republic, Greece, Turkey, Lithuania, Serbia, Romania), for some of the largest
international retail and real estate companies including ECE, Atrium and Multi Corporation. Mr. Dany has
also held various senior management positions such as Executive Member and COO of Atrium Group and
Multi Corporation, Senior Managing Director Poland, Czech Republic, Slovakia and Managing Director
Czech Republic, Slovakia and Romania for ECE Projektmanagement. In these positions, he was responsible
for strategy setting, business transformation, asset development, greenfield projects, optimization of operating
assets, support of mergers and acquisitions, and team leadership for the country and regional organizations.

Mrs. Predoiu has over 14 years of finance and real estate expertise, including seven years with the Company.
She joined NEPI Rockcastle in 2014 as Financial Controller and was promoted to Deputy CFO in December
2018. She has proven expertise in multi-million funding projects, complex business transactions and
integration processes of mergers, systems and controls. Prior to joining the Company, Mrs. Predoiu was
Deputy Manager at PricewaterhouseCoopers, where she spent six years handling local and cross-border audit
assignments and advisory projects in the Romanian and Cypriot offices.

George Aase (Chairman) said: ‘I am very pleased to announce the appointment of Mr. Dany and Mrs. Predoiu
as interim CEO and interim CFO. I am confident that through their expertise and detailed knowledge of the
Group’s assets, operations, company culture and business model, they will build on the Company’s established
strengths and consolidate its position as one of CEE’s premier real estate operators. I also thank Alex and
Mirela for their hard work and significant achievements for our Company, leading NEPI Rockcastle to become
the largest retail real estate group in the CEE region.’

For further information please contact:

NEPI Rockcastle plc
Alex Morar/Mirela Covasa +44 1624 654 704

JSE sponsor
Java Capital +27 11 722 3050

Euronext Listing Agent
ING Bank +31 20 563 6685

Media Relations mediarelations@nepirockcastle.com

4 January 2022

Date: 04-01-2022 08:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.


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Euro marks 20 turbulent years https://onlinesubtitrat.biz/euro-marks-20-turbulent-years/ Sat, 01 Jan 2022 03:28:27 +0000 https://onlinesubtitrat.biz/euro-marks-20-turbulent-years/ The euro marked 20 years since people started using the single European currency on Saturday, overcoming initial doubts, pricing concerns and a debt crisis that has spread across the region. European Commission President Ursula von der Leyen called the euro “a true symbol of Europe’s strength”, while European Central Bank President Christine Lagarde described it […]]]>

The euro marked 20 years since people started using the single European currency on Saturday, overcoming initial doubts, pricing concerns and a debt crisis that has spread across the region.

European Commission President Ursula von der Leyen called the euro “a true symbol of Europe’s strength”, while European Central Bank President Christine Lagarde described it as “a beacon of stability and solidity in the world “.

Euro banknotes and coins entered circulation in 12 countries on January 1, 2002, greeted by a mixture of enthusiasm and skepticism from citizens who had to exchange their Deutsche Marks, French Francs, Pesetas and lire.

The euro is now used by 340 million people in 19 countries, from Ireland to Germany to Slovakia.

Bulgaria, Croatia and Romania are next to join the eurozone – although people are divided over the benefits of abandoning their national currencies.

European Council President Charles Michel argued that leveraging the euro was necessary to support the EU’s goals of tackling climate change and leadership in digital innovation.

He added that this was “vital” work on a banking union and a capital markets union.

The idea of ​​creating the euro first appeared in the 1970s as a way to deepen European integration, simplify trade between member countries and give the continent a currency to compete with the powerful US dollar. .

Officials blame the euro for helping Europe avoid economic catastrophe during the coronavirus pandemic.

“Obviously, Europe and the euro have become inseparable,” Lagarde wrote in a blog post. “For young Europeans … it must be almost impossible to imagine Europe without it.”

In the early days of the euro, consumers feared that prices would drive up prices as countries converted to the new currency.

Although some commodities – such as coffee in cafes – edged up slightly as companies rounded up their conversions, official statistics showed that the euro brought more stable inflation.

The prices of more expensive products have not increased and have even fallen in some cases. Nevertheless, the belief that the euro has made everything more expensive persists.

– New look –

The red, blue, and orange banknotes were designed to look the same everywhere, with illustrations of generic Gothic, Romanesque, and Renaissance architecture to ensure that no country was portrayed against the others.

In December, the ECB said the bills were ready for a facelift, announcing a design and consultation process with public assistance. A decision is expected in 2024.

“After 20 years, it is time to revisit the appearance of our banknotes to make them more accessible to Europeans of all ages and from all walks of life,” said Lagarde.

Euro banknotes are “here to stay,” she said, although the ECB is also considering creating a digital euro in tune with other central banks around the world.

While the dollar still reigns supreme in the world, the euro is now the second most used currency in the world, representing 20% ​​of global foreign exchange reserves against 60% for the US greenback.

Von der Leyen, in a video statement, said: “We are the largest player in world trade and almost half of this trade is carried out in euros.”

– ‘Valuable lessons’ –

The eurozone faced an existential threat a decade ago when it was rocked by a debt crisis that started in Greece and spread to other countries.

Greece, Ireland, Portugal, Spain and Cyprus were saved thanks to bailouts in exchange for austerity measures, and the euro came out of the abyss.

Members of the Eurogroup of Finance Ministers said in a joint article that they had learned “valuable lessons” from the experience which enabled their euro-user countries to respond quickly to the fallout from the coronavirus pandemic.

As the Covid crisis ravaged economies, EU countries rolled out huge stimulus packages while the ECB rolled out a massive bond buying program to keep borrowing costs low.

Yanis Varoufakis, now leader of the DiEM 25 party who resigned his post as Greek finance minister during the debt crisis, remains a sharp critic of the euro.

Varoufakis told the Democracy in Europe Movement 25 website that the euro may make sense in times of calm, as borrowing costs are lower and there is no exchange rate.

But holding a country’s currency is like “auto insurance,” he said, because people only know its value in the event of a traffic accident.

In fact, he accused, the euro increases the risk of having an accident.

cha-rmb / lc


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Global Market Research Services Market Report 2022 https://onlinesubtitrat.biz/global-market-research-services-market-report-2022/ Fri, 31 Dec 2021 13:10:00 +0000 https://onlinesubtitrat.biz/global-market-research-services-market-report-2022/ The main companies in the market are Nielsen Holdings PLC, WPP plc, Gartner Inc., Wood Mackenzie, Ipsos Group SA, Moodys Corporation, S&P Global Inc., GFK SE, Thomson Reuters and Westat Inc. New York, December 31, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Market Research Services Global Market Report 2022” – https://www.reportlinker.com/p04280978/?utm_source=GNW […]]]>

The main companies in the market are Nielsen Holdings PLC, WPP plc, Gartner Inc., Wood Mackenzie, Ipsos Group SA, Moodys Corporation, S&P Global Inc., GFK SE, Thomson Reuters and Westat Inc.

New York, December 31, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “Market Research Services Global Market Report 2022” – https://www.reportlinker.com/p04280978/?utm_source=GNW
The global market research services market is expected to grow from $ 76.42 billion in 2021 to $ 82.62 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The growth is mainly driven by companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, remote working and the shutdown of business activities that have resulted in operational challenges. The market is expected to reach $ 108.61 billion in 2026 at a CAGR of 7.1%.

The market research services market comprises the sales of market research services and related goods by entities (organizations, independent traders and partnerships) that plan, develop, create and manage research and research activities. market analysis according to customer specifications. Market research institutions undertake processes where human capital is the primary input.

They make the knowledge and skills available to their employees, often on an assignment basis, where one person or team is responsible for delivering services to the client.

The main types of market research services are marketing research and analysis services, opinion polls, and election polls. election polls.

The different sectors include computer services, manufacturing, financial services, construction, etc. and involve different sizes of businesses such as large companies and small and medium enterprises.

North America was the largest region in the market research services market in 2021. Western Europe was the second largest region in the market research services market.

The regions covered in this report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The growth of the market research services market is aided by stable economic growth expected in many developed and developing countries. According to the International Monetary Fund (IMF), global GDP growth reached 3.2% in 2019 and 3.5% in 2020. The recovery in commodity prices, after a significant decline in the historical period, is expected further promote market growth. Developed economies are also expected to register stable growth over the forecast period. In addition, emerging markets are expected to continue to grow slightly faster than developed markets during the forecast period. For example, India’s GDP reached 7.2%, while China’s GDP growth reached 6.0% in 2020. Stable economic growth is expected to increase investment in end-user markets, resulting in thus the market during the forecast period.

Many market research companies suggest their clients to implement virtual reality technologies to understand the decision-making process of clients. Virtual reality is a computer-generated simulation of a three-dimensional image, sound, and other sensations that mimic an environment and also simulate an individual’s presence in the environment.

This technology allows companies to generate critical consumer information without having to invest in trial and error processes in physical stores and to collect the opinions of target respondents. Virtual reality technology enables businesses to collect data efficiently from a large sample with minimal investment.

For example, Nestlé set up a Decision Insights virtual store to determine the prices and locations of 15 new cup of ice cream storage units. After implementing the research recommendations, ice cream sales increased 53%.

The coronavirus disease (COVID-19) outbreak has acted as a constraint on the market research services market in 2020 as governments have imposed lockdowns and trade restrictions globally, limiting the need professional services. COVID-19 is an infectious disease along with the flu. like symptoms such as fever, cough, and difficulty breathing.

The virus was first identified in 2019 in Wuhan, Hubei Province in the People’s Republic of China, and has spread around the world, including Western Europe, North America and Asia. Measures taken by national governments to contain transmission have resulted in a decline in economic activity with countries entering a state of ‘containment’ and the outbreak negatively impacting businesses throughout 2020 and until 2021.

However, the market research services market is expected to recover from the shock during the forecast period as this is a ‘black swan’ event and not related to lingering weaknesses. or fundamentals of the global market or economy.

Countries covered by the market research services market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark , Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, United Arab Emirates, United Kingdom, United States, Venezuela , Vietnam.

Read the full report: https://www.reportlinker.com/p04280978/?utm_source=GNW

About Reportlinker
ReportLinker is an award winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.

__________________________

CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001


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Trigon Metals Announces the Appointment of Paul Bozoki as Chief Financial Officer https://onlinesubtitrat.biz/trigon-metals-announces-the-appointment-of-paul-bozoki-as-chief-financial-officer/ Wed, 29 Dec 2021 15:05:43 +0000 https://onlinesubtitrat.biz/trigon-metals-announces-the-appointment-of-paul-bozoki-as-chief-financial-officer/ TORONTO, ON / ACCESSWIRE / December 29, 2021 / Trigon Metals Inc. (TSXV: TM) (“Trigon” or the “Company”) announces today that it has appointed Paul Bozoki as Chief Financial Officer, effective immediately. Mr. Bozoki is a Chartered Accountant and holds an MBA from the Richard Ivey School of Business with over 25 years of accounting, […]]]>

TORONTO, ON / ACCESSWIRE / December 29, 2021 / Trigon Metals Inc. (TSXV: TM) (“Trigon” or the “Company”) announces today that it has appointed Paul Bozoki as Chief Financial Officer, effective immediately.

Mr. Bozoki is a Chartered Accountant and holds an MBA from the Richard Ivey School of Business with over 25 years of accounting, tax and corporate finance experience with early stage companies and has been involved in projects at Zimbabwe, Mali, Mozambique and the Democratic Republic. Republic of Congo. From 2007 to September 2010, he was CFO of CD Capital Partners, a private real estate development company focused on the development of mixed-use commercial and office real estate in Russia, Ukraine and Romania. Mr. Bozoki has experience in international tax and foreign capital markets and began his career with Ernst & Young LLP where he spent six years auditing mining and other clients in Canada, Australia and in Hungary.

Paul Bozoki is a former CFO and CEO of Kombat Copper, having served as chairman of the company and a member of its board of directors. Mr. Bozoki brings extensive financial and trading experience to the company, which will greatly assist him as the Kombat mine moves into full production over the next year or so.

Jed Richardson, President, CEO and Director of Trigon Metals, said, “The board of directors and management of Trigon Metals are pleased to welcome Paul as the new CFO. Financing and M&A will play a key role in our continued progress to become a large-scale copper producer and explorer in African mine-friendly jurisdictions. “

Mr. Bozoki replaces Ms. Deborah Battiston, the former Chief Financial Officer of the Company. The management and board of directors of the Company would like to thank Ms. Battiston for her past service and continued support to the Company.

Trigon Metals Inc.

Trigon is a publicly traded Canadian exploration and development company primarily focused on copper and silver holdings in African mine-friendly jurisdictions. Currently, the company is present in Namibia and Morocco. In Namibia, the Company holds an 80% interest in five mining licenses in the Otavi Mountainlands, a region of Namibia widely recognized for its high-grade copper deposits, where the Company is focused on exploration and mine redevelopment. Kombat previously in production. . In Morocco, the Company is the owner of the Silver Hill project, a very promising copper and silver exploration project.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, contact:
Jed richardson
+1 647 276 0002
This e-mail address is protected from spam. You need JavaScript enabled to view it.
Website: www.trigonmetals.com

Caution Notes

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements. These statements include statements regarding the appointment of a new CFO and the future plans and objectives of the company. These statements are based on current expectations and assumptions which are subject to risks and uncertainties. Actual results could differ materially due to factors discussed in the Management Commentary and Analysis section of our interim and most recent annual financial statements or other reports and documents filed with the TSX Venture Exchange and Canadian Regulators. applicable securities. We assume no obligation to update any forward-looking statements, except as required by applicable law.


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EU News: Brussels hit by another Member State rejecting the rule of EU law | World | News https://onlinesubtitrat.biz/eu-news-brussels-hit-by-another-member-state-rejecting-the-rule-of-eu-law-world-news/ Tue, 28 Dec 2021 10:53:00 +0000 https://onlinesubtitrat.biz/eu-news-brussels-hit-by-another-member-state-rejecting-the-rule-of-eu-law-world-news/ Following a similar ruling by the Polish Constitutional Court earlier this year, Romania’s Constitutional Court ruled last week that an ECJ ruling could only be implemented if the country’s constitution was amended. The decision concerned a case brought by the highest Romanian court which had convicted former ministers and parliamentarians for VAT fraud and corruption […]]]>

Following a similar ruling by the Polish Constitutional Court earlier this year, Romania’s Constitutional Court ruled last week that an ECJ ruling could only be implemented if the country’s constitution was amended.

The decision concerned a case brought by the highest Romanian court which had convicted former ministers and parliamentarians for VAT fraud and corruption in the management of European funds.

This decision called into question the primacy of European law over national law, as in the case of Poland.

Reacting to the news, MEP Sophie in ‘t Veld warned that the issue should be “high on the agenda” of European Council President Charles Michel.

She blasted: “If member states no longer accept the rule of law of the EU and the authority of its highest jurisdiction, the EU is indeed disintegrating.

“There is a real crisis in the rule of law, but the European Council continues to dodge the issue.

“It should be high on the agenda.”

In October, the Polish Constitutional Court ruled that parts of the European Union’s treaties were incompatible with its constitution.

Poland argues that the European Union is overstepping its mandate and, in an interview with the Financial Times published in October, the ruling nationalist Prime Minister of the Law and Justice Party (PiS), Mateusz Morawiecki, accused the European Commission of keeping ” a pistol pointed at our temple “. .

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European Commission Vice-President Valdis Dombrovskis said earlier this month: “The approval work is underway. We are unlikely to be able to finalize it this year.”

He spoke at the end of the meeting of European finance ministers in Brussels.

Had the plans been approved, Poland would have been entitled to a first installment of 13% of the total 23.9 billion euros in grants it is expected to receive over the next five years.

Under pressure from Parliament and Member States, the Commission set conditions for the release of European funds.

Brussels wants firm commitments to guarantee the independence of the judiciary in Warsaw.


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Spain’s Nadia Calviño becomes chair of IMF advisory board https://onlinesubtitrat.biz/spains-nadia-calvino-becomes-chair-of-imf-advisory-board/ Fri, 24 Dec 2021 16:13:13 +0000 https://onlinesubtitrat.biz/spains-nadia-calvino-becomes-chair-of-imf-advisory-board/ FE ONLINE OFFICE | Posted: Dec. 24, 2021, 10:13 p.m. Spain’s first vice-president Nadia Calviño has become the chair of the International Monetary Fund’s policy advisory committee. Members of the IMF’s advisory body, the International Monetary and Financial Committee (IMFC), have selected Nadia Calviño for a two-year term, starting Jan. 3 next year, according to […]]]>