Romania Finance – Online Subtitrat http://onlinesubtitrat.biz/ Sat, 25 Sep 2021 22:21:48 +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 Romanian Prime Minister Citu wins party leadership, prolonging political stalemate https://onlinesubtitrat.biz/romanian-prime-minister-citu-wins-party-leadership-prolonging-political-stalemate/ https://onlinesubtitrat.biz/romanian-prime-minister-citu-wins-party-leadership-prolonging-political-stalemate/#respond Sat, 25 Sep 2021 16:52:56 +0000 https://onlinesubtitrat.biz/romanian-prime-minister-citu-wins-party-leadership-prolonging-political-stalemate/ BUCHAREST, September 25 (Reuters) – Romanian Prime Minister Florin Citu won the leadership elections for his ruling Liberal Party on Saturday, further reducing the chances of bringing together the centrist coalition government that collapsed earlier this month. The split in the liberal-led coalition, which includes junior partner USR Plus and the Hungarian ethnic group UDMR, […]]]>

BUCHAREST, September 25 (Reuters) – Romanian Prime Minister Florin Citu won the leadership elections for his ruling Liberal Party on Saturday, further reducing the chances of bringing together the centrist coalition government that collapsed earlier this month.

The split in the liberal-led coalition, which includes junior partner USR Plus and the Hungarian ethnic group UDMR, threatens Romania’s economic recovery and efforts to reduce the European Union’s large state deficits. It also comes at a time when COVID-19 cases are on the rise again.

Citu took over his leadership in an election at the Liberal Party convention on Saturday.

The USR Plus, a relatively new centrist party, withdrew its cabinet ministers at the beginning of September in a row over a regional development fund and filed a vote of no-confidence in parliament, refusing to return until Citu more Prime Minister.

USR Plus opposed a government decree to establish a 50 billion lei ($ 11.85 billion) regional infrastructure development finance program that would give local mayors access to funds with oversight limited.

With the second-lowest vaccination rate in the EU, Romania is bracing for a fourth wave of the pandemic that is expected to overwhelm hospitals where medical staff are already at the end of their rope. Daily infection rates have doubled in a week and are approaching a record high of over 10,000.

The Liberal Party elections dominated the public agenda for months and stalled policymaking, analysts said. Citu, a newcomer but backed by centrist President Klaus Iohannis, challenged former party leader and prime minister Ludovic Orban.

Liberal lawmakers have opposed USR Plus’s censure motion in the Constitutional Court on technical grounds, with a ruling expected next week.

Regardless of the current motion, Citu still has to present a new cabinet roster to Parliament for approval in October, following the resignation of USR Plus ministers.

A minority government of liberals and ethnic Hungarians would rely on the support of opposition left social democratic lawmakers, leaving them vulnerable to concessions. ($ 1 = 4.2208 lei) (Reporting by Luiza Ilie; editing by Clelia Oziel)


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Iuliana Tiba (BRD – Société Générale Group) will speak at BR’s # ESS2021 https://onlinesubtitrat.biz/iuliana-tiba-brd-societe-generale-group-will-speak-at-brs-ess2021/ https://onlinesubtitrat.biz/iuliana-tiba-brd-societe-generale-group-will-speak-at-brs-ess2021/#respond Fri, 24 Sep 2021 12:29:55 +0000 https://onlinesubtitrat.biz/iuliana-tiba-brd-societe-generale-group-will-speak-at-brs-ess2021/ Iuliana Tiba, Director of Environmental, Social and Positive Impact Financing at BRD – Société Générale Group, will join the 2021 edition of the BR Environmental and Sustainable Development Summit on September 28 and 29 at the JW Marriott Bucharest Grand Hotel. Register here for the on-site event and join Iuliana Tiba and other top speakers […]]]>

Iuliana Tiba, Director of Environmental, Social and Positive Impact Financing at BRD – Société Générale Group, will join the 2021 edition of the BR Environmental and Sustainable Development Summit on September 28 and 29 at the JW Marriott Bucharest Grand Hotel. Register here for the on-site event and join Iuliana Tiba and other top speakers at the biggest environment and sustainability event in Romania!

Iuliana is responsible for the assessment of environmental and social risks and positive impact financing at BRD – Société Générale Group. She has 29 years of experience in banking and finance, including 14 years in project finance, acquisitions, real estate and syndicated transactions.

Since 2019, she has assumed development missions in the field of ESG risk assessment and sustainable finance, participating in the first transactions of this type instrumented on the Romanian market.

Iuliana is a graduate of the Academy of Economic Studies, an MBA program at the Open University (UK) and is currently pursuing a Masters in Sustainable Development at the University of Cambridge.

During the panel on sustainable businesses (day 2, panel 2), Iuliana Tiba will address important questions such as what a responsible business is from a bank’s perspective, what would be the role of the financial system / banks in the development of a responsible business, what types of instruments are on the market in Romania and could be used by sustainable businesses, or what are the advantages for a business that wants to be sustainable and what are the obstacles.


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EU countries struggle to agree on approach to COP26 climate negotiations https://onlinesubtitrat.biz/eu-countries-struggle-to-agree-on-approach-to-cop26-climate-negotiations/ https://onlinesubtitrat.biz/eu-countries-struggle-to-agree-on-approach-to-cop26-climate-negotiations/#respond Thu, 23 Sep 2021 15:07:30 +0000 https://onlinesubtitrat.biz/eu-countries-struggle-to-agree-on-approach-to-cop26-climate-negotiations/ By Kate Abnett BRUSSELS, Sept. 23 (Reuters) – European Union countries are struggling to agree on their negotiating position for the COP26 climate change conference, with differences emerging over deadlines for commitments to reduce emissions. emissions, according to officials and documents viewed by Reuters. The EU is drafting its position ahead of the COP26 talks […]]]>

By Kate Abnett

BRUSSELS, Sept. 23 (Reuters) – European Union countries are struggling to agree on their negotiating position for the COP26 climate change conference, with differences emerging over deadlines for commitments to reduce emissions. emissions, according to officials and documents viewed by Reuters.

The EU is drafting its position ahead of the COP26 talks in November, where countries will attempt to complete technical rules to implement the Paris Agreement.

One question they will try to address is whether countries’ climate goals under the 2015 accord should follow a “common timetable.”

In a first sign of the upcoming clashes at COP26, where nearly 200 countries will be negotiating the issue, the 27 EU member states are divided over whether the targets should cover periods of five or ten years.

The EU’s own emission reduction targets are among the most ambitious of any major global economy, and the bloc is looking to get other regions to set tighter targets.

But the 27 member states must endorse the EU’s negotiating position at COP26, and some diplomats fear the bloc will succeed in presenting a united front.

“What signal is the EU giving to the world if we fail to even align the common deadlines with the Paris agreement?” said an EU diplomat from a country supporting a five-year deadline.

AMBITIOUS OBJECTIVES

A country’s climate commitment is known as a Nationally Determined Contribution, or NDC.

A majority of EU countries, including Denmark, the Netherlands, Spain, Luxembourg and France, support a five-year deadline for these pledges, according to EU officials familiar with the talks.

They say the shorter five-year cycle would put more pressure on countries to set lofty targets and help find out if they are cutting emissions fast enough to avoid catastrophic climate change.

They also fear that 10-year pledges will allow countries with lower climate targets to slip under the radar for an entire decade.

Other EU states, including Poland, Bulgaria and Romania, want to give countries the choice between five or ten years, EU officials have said.

“The content of the NDCs and the willingness of the parties to implement them prove the ambition, not the frequency of the NDCs,” said a diplomat from a country supporting the choice of five or ten years.

An EU document proposing its position for the COP26 negotiations, seen by Reuters, said the bloc should favor a five-year deadline. Officials from EU countries will discuss the matter on Friday.

In international negotiations, the United States, African countries and small island states support five-year climate commitments, while China and India are against a single timeline, according to the document.

Establishing a commitment to the Paris Agreement every five years would not necessarily change the EU’s legally binding targets to reduce emissions by 2030 and 2050. Brussels will also set an emissions reduction target. for 2040.

For example, the EU could submit to the UN a 2035 climate pledge that would be “our best guess” of where its emissions need to be that year, to stay on track for its 2040 target, according to the report. EU document. (Reporting by Kate Abnett; editing by Susanna Twidale and Alex Richardson)


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Rising energy prices hijack EU debate on green overhaul https://onlinesubtitrat.biz/rising-energy-prices-hijack-eu-debate-on-green-overhaul/ https://onlinesubtitrat.biz/rising-energy-prices-hijack-eu-debate-on-green-overhaul/#respond Wed, 22 Sep 2021 18:11:39 +0000 https://onlinesubtitrat.biz/rising-energy-prices-hijack-eu-debate-on-green-overhaul/ (Bloomberg) – Unprecedented surge in natural gas and electricity prices pushes ahead of the European Union’s political agenda after hijacking a meeting of member states on the bloc’s ambitious transition to a green economy . Bloomberg’s Most Read Ministers from most of the region’s 27 countries, from Sweden to Greece, expressed concerns at their meeting […]]]>

(Bloomberg) – Unprecedented surge in natural gas and electricity prices pushes ahead of the European Union’s political agenda after hijacking a meeting of member states on the bloc’s ambitious transition to a green economy .

Bloomberg’s Most Read

Ministers from most of the region’s 27 countries, from Sweden to Greece, expressed concerns at their meeting in Slovenia on Wednesday over energy prices reaching record highs. Rates have skyrocketed just as the bloc’s economies are recovering from the Covid-19 pandemic, which could slow political discussions on delivering the EU’s strategy to achieve climate neutrality.

The energy crisis is expected to be added to the agenda when EU leaders meet for a summit on October 21-22 after several countries, led by Spain, pushed for it, according to an official from the EU. EU knowing the file. Romania, Italy, Poland and Hungary have also called for the topic to be discussed then, according to a European Commission official.

“We are considering specific short-term and temporary measures that will protect our European consumers from some of the worst price increases,” Eamon Ryan, Irish Minister for Energy and Transport, said Wednesday in an interview with Bloomberg TV. “I think there was a broad agreement today that needs to be center stage lest we lose our audience for the biggest transformative change we need to make.”

The commission, the EU’s executive body, will announce in the coming weeks an overview of measures Member States can take to tackle the energy crisis, Energy Commissioner Kadri Simson said. Under bloc law, the commission has limited powers in the area of ​​energy, which remains largely in the hands of national governments.

“We asked the European Commission to start in-depth discussions with Member States on the causes that led to the surge in energy prices, both for electricity and gas, and to identify the appropriate solutions at EU level “, said Romanian Energy Minister Virgil Popescu. said on Facebook.

At their meeting in Slovenia, ministers were due to discuss bills proposed by the European Commission to increase the share of renewable energies and increase energy savings as part of a stricter target to reduce emissions here. 2030.

They raised questions of price volatility and the impact of soaring energy costs on public support for clean change, a person familiar with the talks said. Some were concerned about the social consequences of the EU’s proposal to expand the region’s carbon market to include fossil fuels used in transport and buildings, said the person, who declined to be identified because the meeting is private.

Earlier this week, Spain warned the European Commission that the energy crisis could hamper public support for the Green Deal, which aims to make Europe the first climate neutral continent in the world by 2050. In a document aiming to trigger a wider discussion on the EU, Spain suggested creating a central platform for purchasing natural gas. This would strengthen the EU’s bargaining power and limit its dependence on suppliers such as Russia.

Poland on Wednesday asked the committee to take a closer look at what it suspects is market manipulation by Russian gas exporter Gazprom, according to another person familiar with the talks. He also wants the EU to use its foreign investment screening regulations to check whether the controversial Nord Stream 2 pipeline complies with the bloc’s rules, the person said.

In the UK, which is also heavily affected by the gas shortage, Business Secretary Kwasi Kwarteng said he was holding daily meetings with energy regulator Ofgem to monitor the market and “start processes. aimed at protecting consumers ”.

(Updates to Irish Energy Minister’s commentary in fourth paragraph.)

Bloomberg Businessweek Most Read

© 2021 Bloomberg LP


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Velocity Announces Drill Results at Rozino Gold Project in Southeast Bulgaria https://onlinesubtitrat.biz/velocity-announces-drill-results-at-rozino-gold-project-in-southeast-bulgaria/ https://onlinesubtitrat.biz/velocity-announces-drill-results-at-rozino-gold-project-in-southeast-bulgaria/#respond Wed, 22 Sep 2021 13:00:00 +0000 https://onlinesubtitrat.biz/velocity-announces-drill-results-at-rozino-gold-project-in-southeast-bulgaria/ Figure 1 Map of Rozino showing the location of the drill holes reported in this press release. Map of Rozino showing the location of the drill holes reported in this press release. Highlights include: Drill hole RDD-258; 5.0 m grading 10.11 g / t gold, Drill hole RDD-254; 17.3 m grading 1.01 g / t […]]]>

Figure 1

Map of Rozino showing the location of the drill holes reported in this press release.

Map of Rozino showing the location of the drill holes reported in this press release.

Highlights include:

Drill hole RDD-258; 5.0 m grading 10.11 g / t gold,

Drill hole RDD-254; 17.3 m grading 1.01 g / t gold,

Drill the RDD-260 hole; 33.3 m grading 0.67 g / t gold

VANCOUVER, British Columbia, Sep 22, 2021 (GLOBE NEWSWIRE) – Velocity Minerals Ltd. (TSX.V: VLC) (“Speed“or the”Society“) provides an update on the positive drilling results of its flagship Rozino gold project in south-eastern Bulgaria (“Rozino“, or the”Project“). Results from 30 new drill holes include 17 drill holes containing significant gold intersections. Exploration drilling of areas adjacent to the Rozino pre-feasibility study design pit (press release NR-20-18, August 31, 2020), as well as initial exploration drilling of certain gold anomalies in the ground located near Rozino have recently been completed.

Drill hole ID

From (m)

To M)

Interval (m)

Gold (g / t)

Top Cut in Gold (g / t)

RDD-254

3.50

20.80

5:30 p.m.

1.01

RDD-258

73.90

76.80

2.90

0.80

RDD-258

133.90

138.90

5.00

10.11

8.27

RDD-258

145.10

147.10

2.00

6.15

RDD-260

21.40

54.70

33.30

0.67

RDD-260

65.30

86.20

20.90

0.55

Table 1: Significant interceptions revealed at the Rozino project.

The drill intersections described in Table 1 have not yet been included in a resource model and the actual thickness of mineralization has not yet been determined. The drill holes are designed to intersect mineralization perpendicular or nearly perpendicular. The drill intersections in Table 1 are calculated using a top cut of 40 g / t gold, a trigger point of 0.2 g / t gold, a composite of gold of at least 0.5 g / t and a maximum of 3 consecutive meters of waste. A single 1 m sample of RDD-258 returned 49.2 ppm gold and therefore a significant gap was cut at the top at 40 g / t, returning 5 m at 8.27 g / t gold. Complete lists of consecutive drill interceptions are listed on the Company’s website.

Figure 1: Map of Rozino showing the location of the drill holes reported in this press release.
https://www.globenewswire.com/NewsRoom/AttachmentNg/183680df-a875-4d92-80bf-b6d0f66b9c82

Quality Assurance / Quality Control

The work program is designed and overseen by Stuart A. Mills, BSc, MSc, CGeol, Vice President Exploration of the Company, who is responsible for all aspects of the work including the quality control / assurance program. The on-site project staff collect and strictly monitor the samples which are then sealed and shipped to the ALS Global laboratory in Romania. Samples used for the results described here are prepared and analyzed by fire assay using a 30 gram load in accordance with industry standards at the Romanian ALS laboratory. A sample of the ground material from the drilling program hosted in the Rozino subsoil is shipped to the Irish ALS laboratory for multielement analysis using an inductively coupled mass spectrometer. Duplicate field samples, blanks and independent controlled reference material (standards) are added to each batch of samples. All drill intersections in this press release are calculated using a trigger point of 0.2 g / t gold, a gold composite of at least 0.5 g / t and a maximum of 3 consecutive meters of waste.

Qualified person

The technical content of this press release has been approved for disclosure by Stuart A. Mills, BSc, MSc, CGeol, a Qualified Person as defined by NI 43-101 and the Company’s Vice President Exploration. Mr. Mills is not independent of the Company.

About Velocity Minerals Ltd.

Velocity is a gold exploration and development company focused on Southeast Bulgaria. Velocity’s strategy is to develop a low-cost centralized “Hub and Spoke” operation in which several projects in this emerging gold district produce gold concentrates for trucking to a central processing plant for the production of walleye. The Company is considering open-pit mining in stages of satellite deposits and processing in a processing plant currently in operation. Velocity owns a 70% interest in the Tintyava property, which includes the Rozino gold project, a 70% interest in the Momchil property, which includes the Obichnik gold project, and a 100% interest in the Iglika property. The Company has entered into an option agreement to acquire a 70% interest in the Makedontsi gold project. Velocity’s leadership and board of directors includes mining industry professionals with combined experience in Europe, Asia and the Americas as employees of large mining companies as well as founders and senior executives of small and medium-sized public enterprises. The team’s experience includes all aspects of mineral exploration, resource definition, feasibility, finance, construction and mining as well as a background in managing listed companies in stock Exchange.

On behalf of the board of directors

“Keith Henderson”

President and CEO

For more information, please contact:

Keith Henderson
Phone: + 1-604-484-1233
Email: info@velocityminerals.com
Web: www.velocityminerals.com

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 includes certain “forward-looking statements” within the meaning of applicable securities laws in Canada and the United States, including the U.S. Private Securities Litigation Reform Act 1995. All statements, other than statements of historical fact, included herein, including, but not limited to, statements regarding future exploration and testing performed on the Project; use of funds; and the future activities and operations of the Company, are forward-looking statements. Often, but not always, forward-looking statements can be identified by words such as “pro forma”, “plans”, “expects”, “will”, “may”, “should”, “budget”, ” expected ”,“ ”estimates”, “anticipates”, “intends”, “anticipates”, “believes”, “potential” or variations of these words, including negative variations thereof, and phrases referring to certain actions, events or results that may, could, would, could or will occur or be taken or achieved. In making the forward-looking statements in this press release, the Company has applied several important assumptions, including, but not limited to, market fundamentals will result in sustained demand and prices for precious metals, obtaining all permits, licenses and regulatory approvals required in connection with the future exploration and development of the Company’s projects in a timely manner, the availability of financing on appropriate terms for the exploration and development of the Company’s projects and the Company’s ability to comply with environmental, health and safety laws.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from the future results, performance or achievements expressed or implied by the information. prospective. These risks and other factors include, among others, operational and technical difficulties associated with mining exploration and development and mining development activities for the Project, including geological mapping, prospecting and sampling programs. for the Project, the actual results of exploration activities, the estimate or realization of mineral reserves and mineral resources, the timing and amount of estimated future production, production costs, capital expenditures, costs and the timing of the development of new deposits, if any, the availability of an adequate supply of water and other materials, the additional capital requirements to finance the business plan of the Company, future prices of precious metals, changes in general economic conditions, changes in financial markets and in the market demand and price of materials raw materials, possible variations in ore grade or recovery rates, possible failures of plants, equipment or processes to perform as intended, accidents, work r disputes and other risks in the mining industry, delays in obtaining government and regulatory approvals (including from the TSX Venture Exchange), permits or financing or in carrying out development or construction activities, risks associated with epidemics or pandemics such as COVID-19, including the impact of COVID-19 on the Company’s business, financial condition and results of operations, changes in laws, regulations and policies affecting mining operations, hedging practices, currency fluctuations, title disputes or the limitations of claims on insurance coverage and the existence, timing and possible outcome of disputes, issues and t environmental responsibilities, the risks associated with joint venture operations and the risks associated with the integration of acquisitions, as well as the factors discussed under the heading “Risk Factors” in the Company’s annual MD&A and other filings of the Company with the Canadian Securities Administrators, copies of which can be found under the Company’s profile on the SEDAR website at www.sedar.com.

Readers are cautioned not to place undue reliance on forward-looking information. The Company assumes no obligation to update any forward-looking information contained in this press release or incorporated by reference herein, except as otherwise required by law.


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Massive sale of Chinese real estate stocks caused global market decline: NPR https://onlinesubtitrat.biz/massive-sale-of-chinese-real-estate-stocks-caused-global-market-decline-npr/ https://onlinesubtitrat.biz/massive-sale-of-chinese-real-estate-stocks-caused-global-market-decline-npr/#respond Mon, 20 Sep 2021 20:42:00 +0000 https://onlinesubtitrat.biz/massive-sale-of-chinese-real-estate-stocks-caused-global-market-decline-npr/ Stock markets collapsed amid concerns over the instability of China’s financial system, creating uncertainty in one of the world’s major economies. ARI SHAPIRO, HTE: There has been a massive sell-off in markets around the world today. The Dow Jones lost 614 points, or about 1.8%, its worst day in more than two months. He recouped […]]]>

Stock markets collapsed amid concerns over the instability of China’s financial system, creating uncertainty in one of the world’s major economies.



ARI SHAPIRO, HTE:

There has been a massive sell-off in markets around the world today. The Dow Jones lost 614 points, or about 1.8%, its worst day in more than two months. He recouped some of those losses at the end of the trading day. The big dip was started by a Chinese real estate company that many Americans have never heard of. David Gura from NPR joins us in explaining.

Hi David.

DAVID GURA, BYLINE: Hey, Ari.

A SHAPIRO: First, tell us what happened today.

GURA: So that’s the world we live in. I mean, a business can affect markets all over the world. There was this massive sell-off of Chinese real estate stocks and one company in particular. The Evergrande Group is a real estate developer. It is a massive conglomerate based in the city of Shenzhen. And it’s one of the biggest companies in the world, with $ 300 billion in debt. This is what it owes to its creditors. Now sales have gone down and Evergrande has tried to cut costs and offload buildings. But none of that worked, and the company told investors it might not be able to pay its bills. This is how the trading day began and resulted in losses in Europe and the United States.

A SHAPIRO: You say we now live in this world where the well-being of a business can affect global markets. Explain why investors in London or New York would care about this real estate company in China.

GURA: Yeah. Wall Street was already on the alert, concerned about the spread of the delta variant and the effect it might have on the economic recovery. Markets have been lagging in September so far. But when a company of this size faces a credit crunch, investors around the world get nervous because companies anywhere can hold some of that debt. Today, Jill Carey Hall is a senior equity strategist at Bank of America, and she says it’s something she will be watching.

JILL CAREY HALL: The good news for the S&P 500 is that there isn’t as high a proportion of direct exposure to the region as some other regions of the world.

GURA: But a couple of other things are at stake here, Ari. One of them is how it affects the feeling. It was already very low, again, because of COVID-19. It also makes them nervous when they see something like this happening – a company of this size in that situation and then that kind of massive sale. And # 2 is that big unknown – what, if anything, the Chinese government is going to do about Evergrande. And will this affect the Chinese financial system? The Chinese government is cracking down on real estate developers, and it’s unclear whether it will step in to prevent Evergrande from collapsing.

A SHAPIRO: There is another factor here in the United States, which is potential default. Tell us about the impact this could have.

GURA: Yes. There is one in the United States as well – potential in the United States as well. Wall Street is watching what is happening in Washington as the United States is once again faced with what is called the debt limit or the debt ceiling. Congress places a limit on the amount the government has available to pay its existing debts.

Now lawmakers have raised the cap dozens and dozens of times, but there’s little more the Secretary of the Treasury can do if lawmakers don’t raise it again. Janet Yellen wrote to Congress. She urged them to increase this limit. She has an op-ed in the Wall Street Journal describing what could happen if lawmakers don’t act. And Yellen isn’t saying the world is going to end, but she’s getting close enough. She writes (as she reads) that it would likely precipitate a historic financial crisis and default that could trigger a spike in interest rates, a sharp drop in stock prices and other financial turmoil.

A SHAPIRO: What does this probably mean for the days to come?

GURA: Yes, it’s a busy week. On Tuesday, the Federal Reserve kicks off a two-day meeting. The Fed chairman and his colleagues are expected to start discussing how to reduce some of the financial support that has supported markets since the pandemic began more than a year ago. The Fed bought tens of millions of dollars in bonds and mortgage-backed securities month after month, and now it’s ready to start cutting that amount. Investors will listen carefully to what Fed Chairman Jerome Powell has to say about the state of the economic recovery. We’ll see if his comments have already changed in light of new data. And, you know, something Powell has said since the start of this crisis is that the path to economic recovery is determined by COVID-19, with the virus continuing to be of great concern to economists and investors alike. especially as the spread of the delta variant continues.

TO SHAPIRO: David Gura from NPR, thank you very much.

GURA: Thanks, Ari.

(EXTRACT FROM THE SONG ARCADE FIRE, “CREATURE COMFORT”)

Copyright © 2021 NPR. All rights reserved. See the terms of use and permissions pages on our website at www.npr.org for more information.

NPR transcripts are created under rushed deadlines by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative recording of NPR’s programming is the audio recording.


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Romania sells above 706 million lei (143 million euro) 2028 Treasury bond target, yields rise https://onlinesubtitrat.biz/romania-sells-above-706-million-lei-143-million-euro-2028-treasury-bond-target-yields-rise/ https://onlinesubtitrat.biz/romania-sells-above-706-million-lei-143-million-euro-2028-treasury-bond-target-yields-rise/#respond Mon, 20 Sep 2021 14:51:00 +0000 https://onlinesubtitrat.biz/romania-sells-above-706-million-lei-143-million-euro-2028-treasury-bond-target-yields-rise/ BUCHAREST (Romania), September 20 (SeeNews) – The Romanian Ministry of Finance on Monday sold 706 million lei ($ 167 million / 143 million euros) at auction of Treasury bonds maturing on January 26, 2028, in below the initial target, according to data from the country’s central bank. The average yield accepted for the tender was […]]]>

BUCHAREST (Romania), September 20 (SeeNews) – The Romanian Ministry of Finance on Monday sold 706 million lei ($ 167 million / 143 million euros) at auction of Treasury bonds maturing on January 26, 2028, in below the initial target, according to data from the country’s central bank.

The average yield accepted for the tender was 3.65%, compared to 3.08% in the previous auction of government securities of the same issue held in June, the data said.

Demand for the T-notes, which carry an annual coupon of 4.15%, fell to 1.2 billion lei from 434.3 million lei in the previous auction.

The matter will be reopened on Tuesday, when the finance ministry hopes to raise 45 million lei in a non-competitive tender.

Details of the problem follow:

Auction date Sep 20 July 8
Amount offered (mln lei) 300.0 400.0
Amount sold (mln lei) 706.0 296.3
Total bids placed (mln lei) 1,201.1 434.3
Offer / coverage ratio 1.7 1.47
Yield (%) 3.65 3.08

The Romanian Ministry of Finance intends to sell 4.4 billion lei of government securities in September, including 405 million lei in non-competitive offers.

Since the beginning of the year, the Ministry of Finance has sold government bills and bonds worth 41 billion lei and 1.6 billion euros ($ 1.9 billion) and exploited the foreign markets for 7 billion euros of Eurobonds 2030, 2033 and 2041.

(1 euro = 4.9481 lei)


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US Open champion Emma Raducanu reveals what she’ll do with her winnings https://onlinesubtitrat.biz/us-open-champion-emma-raducanu-reveals-what-shell-do-with-her-winnings/ https://onlinesubtitrat.biz/us-open-champion-emma-raducanu-reveals-what-shell-do-with-her-winnings/#respond Mon, 20 Sep 2021 01:02:23 +0000 https://onlinesubtitrat.biz/us-open-champion-emma-raducanu-reveals-what-shell-do-with-her-winnings/ Find out what clicks on FoxBusiness.com. Emma Raducanu had a big paycheck when she beat Leylah Fernandez to win the 2021 US Open on September 11. The 18-year-old became the first Open-era qualifier to win a Grand Slam title. It was her first major championship, and the victory propelled her to 23rd in the WTA […]]]>

Emma Raducanu had a big paycheck when she beat Leylah Fernandez to win the 2021 US Open on September 11.

The 18-year-old became the first Open-era qualifier to win a Grand Slam title. It was her first major championship, and the victory propelled her to 23rd in the WTA rankings. She had been eliminated from the fourth round at Wimbledon a month earlier.

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According to Yahoo Sport, Raducanu has won around $ 3.4 million in tournament earnings. She revealed earlier in the week what she would do with the money.

“I’ll leave this to my parents. They can take it for me. I haven’t gone shopping yet,” Raducanu said. “I know tennis is an extremely expensive sport so it will probably work in that direction.”

Her father was born in Romania and her mother in China, and both are said to have financial backgrounds.

THE US OPEN WILL BE WITHOUT SOME OF THE MOST WINNING STARS IN TENNIS

Don’t worry though. The Daily Mail reported that Raducanu may be considering sponsorship deals from Nike, Wilson, Chanel and Tiffany & Co.

Raducanu beat Fernandez, 6-4, 6-3, winning the tournament title without losing a single set.

It was the first teenage women’s final since the 1999 US Open final between Serena Williams and Martina Hingis. Raducanu and Fernandez were unranked in the tournament.

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Raducanu, who started playing tennis at the age of 5 and modeled her game on Simona Halep and Li Na, fell on the pitch in tears of joy after the tournament decisive point.


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Celltrion’s monoclonal antibody treatment for COVID-19, regdanvimab (CT-P59) becomes the first authorized COVID-19 treatment approved by the Korean Ministry of Food and Pharmaceutical Safety (MFDS) https://onlinesubtitrat.biz/celltrions-monoclonal-antibody-treatment-for-covid-19-regdanvimab-ct-p59-becomes-the-first-authorized-covid-19-treatment-approved-by-the-korean-ministry-of-food-and-pharmaceutical-safety-mfds/ https://onlinesubtitrat.biz/celltrions-monoclonal-antibody-treatment-for-covid-19-regdanvimab-ct-p59-becomes-the-first-authorized-covid-19-treatment-approved-by-the-korean-ministry-of-food-and-pharmaceutical-safety-mfds/#respond Sat, 18 Sep 2021 13:34:00 +0000 https://onlinesubtitrat.biz/celltrions-monoclonal-antibody-treatment-for-covid-19-regdanvimab-ct-p59-becomes-the-first-authorized-covid-19-treatment-approved-by-the-korean-ministry-of-food-and-pharmaceutical-safety-mfds/ Approval Marks First Time Monoclonal Antibody Therapy For COVID-19 Receives Full Approval To Treat Patients With COVID-19 Approval includes an increase in the number of patients who can be treated with regdanvimab (CT-P59) for COVID-19 and a reduced time period for the administration of treatment Celltrion continues discussions with global regulators to make regdanvimab (CT-P59) […]]]>
  • Approval Marks First Time Monoclonal Antibody Therapy For COVID-19 Receives Full Approval To Treat Patients With COVID-19

  • Approval includes an increase in the number of patients who can be treated with regdanvimab (CT-P59) for COVID-19 and a reduced time period for the administration of treatment

  • Celltrion continues discussions with global regulators to make regdanvimab (CT-P59) available to patients with COVID-19

INCHEON, South Korea, September 18, 2021– (BUSINESS WIRE) – The Celltrion Group announced that the Korean Ministry of Food and Pharmaceutical Safety (MFDS) has approved regdanvimab (CT-P59), a monoclonal antibody treatment for COVID-19 for prolonged use in patients aged 50 and over or with at least one underlying medical condition (obesity, cardiovascular disease, chronic lung disease, diabetes, chronic kidney disease, chronic liver disease and patients with immunosuppressive agents) with mild symptoms of COVID-19, and adult patients with moderate symptoms of COVID-19. This is the first time that a monoclonal antibody treatment for COVID-19 has received full approval to treat patients with COVID-19 from the Korean MFDS.

In February, the Korean MFDS granted conditional marketing authorization (CMA) for the emergency use of regdanvimab (CT-P59) and authorized the use of CT-P59 in adult patients aged 60 years. and more, or with at least one underlying medical condition. (cardiovascular, chronic respiratory disease, diabetes, high blood pressure) with mild symptoms of COVID-19, and adult patients with moderate symptoms of COVID-19.

The duration of administration of the recommended dose of regdanvimab (CT-P59), a single intravenous (IV) infusion of 40 mg / kg, has been reduced from 90 minutes to 60 minutes.

Celltrion has successfully enrolled more than 1,315 people in its global Phase III clinical trial, which evaluated the efficacy and safety of regdanvimab (CT-P59) in 13 countries, including the United States, Spain and Romania. Data showed that regdanvimab (CT-P59) significantly reduced the risk of hospitalization or death from COVID-19 by 72% for patients at high risk of progressing to severe COVID-19 and by 70% for all patients. Additionally, preclinical data for regdanvimab (CT-P59) demonstrated strong neutralizing activity against the Delta variant (B.1.617.2, first identified in India) with results showing a 100% survival rate. with eradication of the virus in all animals treated with therapeutic agents. dose of CT-P59.

“Recent clinical data has helped improve the understanding of healthcare professionals and public health authorities of the potential role of regdanvimab in the treatment of patients with mild to moderate symptoms of COVID-19,” said Dr HoUng Kim , Ph.D., head of the medical and marketing division of Celltrion Healthcare. “Regdanvimab is the first of its kind for the treatment of COVID-19, therefore the efficacy and safety profile should be thoroughly evaluated. Along with continued and positive feedback from expert scientists and clinicians, we are encouraged by the regulatory agency’s decision to confirm that this treatment is safe and effective.The Celltrion Group remains in diligent communication with other regulatory authorities around the world.

As of September 2021, more than 14,857 people had been treated with regdanvimab (CT-P59) in 107 hospitals in the Republic of Korea.

ENDS –

Notes to Editors:

About Celltrion Santé

Celltrion Healthcare is committed to providing innovative and affordable medicines to promote patient access to advanced therapies. Its products are manufactured in state-of-the-art mammalian cell culture facilities designed and built to comply with US FDA cGMP guidelines and EU GMP guidelines. Celltrion Healthcare strives to deliver high quality cost effective solutions through an extensive global network that spans over 110 different countries. For more information, please visit: https://www.celltrionhealthcare.com.

About regdanvimab (CT-P59)

CT-P59 has been identified as a potential treatment for COVID-19 through screening for antibody candidates and selecting those that have shown the greatest potency to neutralize the SARS-CoV-2 virus. In vitro and in vivo preclinical studies have shown that CT-P59 binds strongly to SARS-CoV-2 RBD and significantly neutralizes wild-type and mutant variants of concern, including the Alpha variant (B.1.1.7, first identified UK). In in vivo models, CT-P59 effectively reduced SARS-CoV-2 viral load and inflammation in the lungs. The results of the phase I and II global clinical trials of CT-P59 have demonstrated a promising profile of safety, tolerability, antiviral effect and efficacy in patients with mild to moderate symptoms of COVID-19.1 Celltrion also recently started the development of a neutralizing antibody cocktail with CT-P59 against new emerging variants of SARS-CoV-2.

FORWARD-LOOKING STATEMENT

Certain information contained in this press release contains statements relating to our future business and financial performance and to future events or developments involving Celltrion / Celltrion Healthcare which may constitute forward-looking statements under relevant securities laws.

These statements can be identified by words such as “prepare”, “hope”, “to come”, “is considering”, “aims”, “to launch”, “is preparing”, “once won” , “Could”, “for the purpose of”, “may”, “once identified”, “will”, “work towards”, “is due”, “become available”, “has the potential to”, the negative of these words or any other variant or comparable terminology.

In addition, our representatives may make oral forward-looking statements. These statements are based on current expectations and certain assumptions of the management of Celltrion / Celltrion Healthcare, many of which are beyond its control.

Forward-looking statements are provided to enable potential investors to understand management’s beliefs and opinions regarding the future so that they can use these beliefs and opinions as a factor in valuing an investment. These statements are not guarantees of future performance and should not be relied on unduly.

Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results for future periods to differ materially from projections of future performance or results expressed or implied by such forward-looking statements. .

Although the forward-looking statements contained in this presentation are based on what the management of Celltrion / Celltrion Healthcare considers to be reasonable assumptions, there can be no assurance that the forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those provided for in these declarations. Celltrion / Celltrion Healthcare assumes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

The references

1 Celltrion Data on File

See the source version on businesswire.com: https://www.businesswire.com/news/home/20210918005026/en/

Contacts

holly barber
hbarber@hanovercomms.com
+44 (0) 7759 301620

Donna Curran
dcurran@hanovercomms.com
+44 (0) 7984 550312


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HNS invests HRK 3.5 million in Croatian women’s football https://onlinesubtitrat.biz/hns-invests-hrk-3-5-million-in-croatian-womens-football/ https://onlinesubtitrat.biz/hns-invests-hrk-3-5-million-in-croatian-womens-football/#respond Sat, 18 Sep 2021 07:02:07 +0000 https://onlinesubtitrat.biz/hns-invests-hrk-3-5-million-in-croatian-womens-football/ September 18, 2021 – Croatian women’s football will benefit from an investment of HRK 3.5 million by the Croatian Football Federation (HNS). This week, the Croatian Football Federation disbursed the first installment of funds to Croatian women’s football clubs, for which HRK 3.5 million is earmarked each year, reports HNS. In cooperation with FIFA and […]]]>

September 18, 2021 – Croatian women’s football will benefit from an investment of HRK 3.5 million by the Croatian Football Federation (HNS).

This week, the Croatian Football Federation disbursed the first installment of funds to Croatian women’s football clubs, for which HRK 3.5 million is earmarked each year, reports HNS.

In cooperation with FIFA and with funds from the Forward program, the Croatian Football Federation will invest HRK 3.5 million this year in the development of women’s football.

The funds will be used to co-finance the National Cadet and Pioneer Leagues, which were successfully launched last year, and the new season kicked off in early September. In addition, the funds will be used to organize work in all women’s clubs to firmly support the future development of women’s football in Croatia.

“The growing interest in girls’ football and improving the quality of women’s football are among the important strategic goals of the Federation in the coming period. The launch of national leagues for cadets and pioneers has been a important milestone for women’s football in Croatia. We will continue to monitor financially this project to increase the quality at these ages and allow for long term growth in the quality of our premier league and senior national team. “A long-term project that HNS stands firm with. In cooperation with FIFA, we will try to offer women’s clubs and our female footballers the best possible conditions and competitions possible,” said Marijan Kustić, President of HNS.

Croatia’s national women’s team opened a new round of World Cup qualifying with a visit to Romania, where they lost 2-0.

Mate Prskalo’s side have made their first appearance in qualifying for the World Cup, which will be played in 2023 in Australia and New Zealand. Croatia faced Romania, a rival they also encountered in previous qualifying for the European Championship.

Romania took the lead with a goal from Rus after 12 minutes, and in the 32nd minute Carp headed the second goal for the final 2-0.

In the remaining matches of the Group G first round, Italy beat Moldova 3-0 at home, while Switzerland beat Lithuania 4: 1. In four days, Croatia will host Italy in Karlovac.

World Cup Qualifiers, Group G:
1. Switzerland 3
2. Italy 3
3. Romania 3
4. Croatia 0
5. Lithuania 0
6. Moldova 0

To follow the latest sports news in Croatia, follow the dedicated TCN page.

To find out more about sports in Croatia, CLICK HERE.


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