Finance Contract – Glw Drk http://glwdrk.com/ Thu, 06 Jan 2022 04:46:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://glwdrk.com/wp-content/uploads/2021/07/icon-1-150x150.png Finance Contract – Glw Drk http://glwdrk.com/ 32 32 Elkhart County officials discuss final stages of funding for Consolidated Courthouse https://glwdrk.com/elkhart-county-officials-discuss-final-stages-of-funding-for-consolidated-courthouse/ Thu, 06 Jan 2022 04:46:00 +0000 https://glwdrk.com/elkhart-county-officials-discuss-final-stages-of-funding-for-consolidated-courthouse/ ELKHART COUNTY, Ind – The finance committee for the new Elkhart County Courthouse has met to review and make decisions on their second bond, as they seek to begin construction on the two year. The design of the new Elkhart County courthouse will span 32 acres of land on the Goshen dependency road and officials […]]]>

ELKHART COUNTY, Ind – The finance committee for the new Elkhart County Courthouse has met to review and make decisions on their second bond, as they seek to begin construction on the two year.

The design of the new Elkhart County courthouse will span 32 acres of land on the Goshen dependency road and officials are working out final details, for payment for this facility.

“This is the second set of bonds needed to pay for the construction of the courthouse,” Elkhart County Administrator Jeff Taylor said.

The county approved the first bond in 2021, called the general bond bond.

The second bond discussion Wednesday night, the rental income bond closes the final courthouse cost of $ 94 million.

“The lease bond will be sold in January,” Elkhart County District Attorney Craig Buche said.

“This second set is about $ 60 million to help pay for the construction,” Taylor said.

These dollars were collected by taxpayers without raising their taxes.

As for the construction of the courthouse, it is a two-year project and the county wants to start this spring, in order to respect the opening date of 2024.

“This project and the process started about a year and a half ago with the design and build process where the county posted a request for qualifications to interested contractors. The county selected, I believe, 8 or 10 and asked them to provide actual proposals, then they evaluated these proposals and selected the performance services about a year ago, then from that point on they worked on the design and construction contract for bring us to where we are today, ”said Buche.


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How to Modify Google Search Results Explained by Australian Reputation Management Agency https://glwdrk.com/how-to-modify-google-search-results-explained-by-australian-reputation-management-agency/ Tue, 04 Jan 2022 05:44:47 +0000 https://glwdrk.com/how-to-modify-google-search-results-explained-by-australian-reputation-management-agency/ Sydney, January 4, 2022 (GLOBE NEWSWIRE) – Online marketing, a management agency based in Chatswood, NSW, Australia, identified a way to update search results for keywords. The process they discovered has been shown to work well for business names and local keywords, for example, the keyword “a type of service Sydney”. The process requires quality […]]]>

Sydney, January 4, 2022 (GLOBE NEWSWIRE) – Online marketing, a management agency based in Chatswood, NSW, Australia, identified a way to update search results for keywords. The process they discovered has been shown to work well for business names and local keywords, for example, the keyword “a type of service Sydney”. The process requires quality content on a number of social media sites, websites, Google Business Profile, press releases, and mini-websites that can strongly associate a particular business with a specific domain.

Blake Smith, Digital Strategist at E-Web Marketing, says, “We have identified a way to update a company’s search results for keywords. With this approach to reputation management, we were able to achieve 7 first page results for a client. Any search targeting their local service area essentially results in their business being plastered all over the first page of Google.

online reputation management workshop by E-Web Marketing

E-Web Marketing is a provider of results-driven online marketing solutions. They can provide virtual marketing manager, multi-channel strategy, search engine optimization (SEO), and holistic web marketing strategy that can be integrated with the company’s offline advertising efforts to drive more sales. There are a number of factors that differentiate e-marketing from other digital marketing agencies. These include: their team of professionals based in Sydney; transparent references; cost-effective targeted advertising approach; no fixed contract; strong demand; framing; results-oriented strategies based on reliable data and research; and efficient resources.

They offer various types of digital marketing services, such as: digital marketing consulting, SEO, Google Adwords management, website and software development, online reputation management, social media management, social media advertising, content marketing, conversion rate optimization and email marketing. Their digital marketing consulting services that they offer are high level advice that provides the client with a clear picture of what is working and what is not and why.

They also provide an online reputation management service which provides a software platform for customers to monitor their online reputation and do something to strengthen it. When users log into the platform’s management system, they can see the current status of their online reputation and they are also given tools and strategies to improve their reputation. This program travels the web and a large number of well-known sites and review platforms to provide the user with a summary of how people view the particular brand or business. The data collected by the software is presented to users using a high-level overview.

Another important part of the process identified by E-Web Marketing is social media marketing. The goal is to attract the most engaged subscribers to the company’s social media page. They will carefully assess the company’s target audience to determine when they are most active on that particular social networking site. And then they will post relevant content to that site at the time when the targeted audience is most active on that social networking site. And E-Web Marketing will take care of the responses to the company’s customers. This is also related to reputation management, as they will say “thank you” to those who have positive reviews about the company and politely respond to customers who are not completely satisfied. One way to get more followers and likes for the company’s social media page is to run a contest. They will do so after having discussed with the client the various modalities of the proposed competition.

Founded in 1988, E-Web Marketing has grown into an award-winning business that has provided helpful means to 3,000 global and national organizations to dramatically increase their website traffic, lead conversions, and brand awareness. They made it their mission to help businesses improve their online presence by applying various targeted strategies that can help them save money in their online marketing campaigns.

Those who wish to know more about the importance of online reputation marketing can visit the E-Web Marketing website or contact them by phone or email. They are open from 9:00 a.m. to 5:30 p.m., Monday to Friday.

###

For more information on E-Web Marketing, contact the company here:

Online marketing
Sam shetty
1300 785 122
press@ewebmarketing.com.au
Suite 701, South Tower, 1 Railway St, Chatswood NSW 2067

CONTACT: Sam Shetty


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The GRU is not on the shortlist of competitors for the construction of a UF power plant https://glwdrk.com/the-gru-is-not-on-the-shortlist-of-competitors-for-the-construction-of-a-uf-power-plant/ Sun, 02 Jan 2022 03:15:51 +0000 https://glwdrk.com/the-gru-is-not-on-the-shortlist-of-competitors-for-the-construction-of-a-uf-power-plant/ Gainesville Regional Public Services won’t get a contract, he was looking to build a factory to supply most of the University of Florida with electricity. The GRU hoped that the income from the project could help stabilize customer bills in the years to come. GRU and Duke Energy, the two local power companies, were not […]]]>

Gainesville Regional Public Services won’t get a contract, he was looking to build a factory to supply most of the University of Florida with electricity.

The GRU hoped that the income from the project could help stabilize customer bills in the years to come.

GRU and Duke Energy, the two local power companies, were not among the shortlist of companies that submitted proposals to build the power plant on Gale Lemerand Drive.

Full accounting:Auditor General withdraws criticism of GRU accounting but maintains debt concerns

Price levels:Soaring natural gas prices will lead to higher GRU electricity bills

Deerhaven Plant:New gas pipeline to increase supply to GRU plant in Deerhaven

The City of Gainesville Commission recently hired consultants to help the city’s utility company submit a proposal to UF to build the new plant. They included: a financial partner, a law firm and an engineering and construction contractor.


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Is a big tech bear market coming in 2022? https://glwdrk.com/is-a-big-tech-bear-market-coming-in-2022/ Fri, 31 Dec 2021 16:17:00 +0000 https://glwdrk.com/is-a-big-tech-bear-market-coming-in-2022/ TTech investors have experienced a history of “two markets” in the second half of 2021. While mega-cap tech stocks like Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Nvidia (NASDAQ: NVDA) Rising alongside stock indexes, investors in PSPC stocks and small to mid-cap tech stocks fell as much as 80% below their highs. The more these […]]]>

TTech investors have experienced a history of “two markets” in the second half of 2021. While mega-cap tech stocks like Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), and Nvidia (NASDAQ: NVDA) Rising alongside stock indexes, investors in PSPC stocks and small to mid-cap tech stocks fell as much as 80% below their highs.

The more these small tech companies fall, the more tempting it can become for investors to go to these big tech companies, which are considered “safe” because they continue to show strength. However, when we dig deeper, there are signs that these big tech stocks may finally run out of steam and fall in 2022.

Nasdaq with a split personality

If you only watch the daily levels of the Nasdaq stock market on TV each day, everything seems to be going for the best in the tech realm. The index is a stone’s throw from all-time highs, which generally means investors are happy at all levels. However, a closer look reveals some strange results.

Image source: Getty Images

Only 30% of the roughly 2,500 Nasdaq stocks are currently above their 200-day moving average, which is the average closing price of a stock over its last 200 trading days. This number is a benchmark that can indicate whether the price dynamics of a stock is positive or negative. With so many stocks below this average, it suggests that the price momentum is negative for most Nasdaq stocks.

^ NDX Graph

^ NDX given by YCharts

So how could it be, with the looming index of historic highs? There is a gap between big tech titles and small tech names. The 100 largest companies on the Nasdaq (called the Nasdaq 100) are up 28% collectively over the past year. These large companies represent the majority of the Nasdaq weighting, which means that they may push the overall index up even if many smaller stocks fall.

The problem of inflation

We have seen high amounts of inflation this year, the most recent economic data indicating that inflation has reached 6-7%. Meanwhile, the Federal Open Market Committee (FOMC) maintained a Federal funds interest rate between 0% and 0.25%. This interest rate is the benchmark against which banks can borrow, and this low rate essentially means that borrowing money costs next to nothing. The FOMC set this rate low to support the economy at the start of the COVID-19 pandemic.

Inflation rate chart in the United States

American inflation rate given by YCharts

When inflation starts to rise as it has, this could be a signal that the economy is ‘getting too hot’, and FOMC policymakers could start raising interest rates to regain control of inflation. .

Rising rates can make money harder to find in the general economy (it becomes more expensive to borrow) and tends to hurt the valuations of many growth stocks. This fear is probably one of the reasons why so many growth stocks in the tech sector have been trading lower in recent months. Some officials now estimate that the target rate could rise to more than 2% by the end of 2023.

Could tech havens be in trouble?

This chart illustrates how much investors have turned to some of the biggest Nasdaq stocks, including Apple, You’re here, Nvidia and Microsoft. Nvidia is the “smallest” company in this group, with a market capitalization $ 750 billion; the rest are trillion dollar companies. These stocks have appreciated considerably and are multi-bagged despite their enormous size over the past three years.

AAPL PS Ratio Graph

PS AAPL ratio given by YCharts

And although these companies are among the largest and best known companies in the world, the share price has exceeded the actual growth of these companies; valuations expressed in price / sale ratios have doubled (or more) during the same period.

These valuations are now well above their long-term averages, but companies are so large that it is becoming increasingly difficult to grow fast enough to support a higher valuation. No one can predict the future, but it looks like large cap tech stocks with high valuations could be vulnerable to a correction as interest rates rise in the coming quarters.

The real opportunity may lie in high-quality tech stocks with smaller market caps, the ones that investors have viciously sold across the board in favor of the big caps “safe-havens”. Sometimes the market zigzags when you think it’s going to zigzag, and 2022 could very well turn out to be another example of that.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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Gatekeeper Reports Revenue of $ 17.2 Million and Operating Profit of $ 0.7 Million in Fiscal 2021 https://glwdrk.com/gatekeeper-reports-revenue-of-17-2-million-and-operating-profit-of-0-7-million-in-fiscal-2021/ Thu, 30 Dec 2021 00:21:07 +0000 https://glwdrk.com/gatekeeper-reports-revenue-of-17-2-million-and-operating-profit-of-0-7-million-in-fiscal-2021/ Abbotsford, British Columbia – (Newsfile Corp. – December 29, 2021) – Gatekeeper Systems Inc. (TSXV: GSI) (OTC Pink: GKPRF) (FSE: 1GK) (“Gatekeeper” or the “Company”), a provider of video and data solutions for public transport and smart cities, reports financial results for the year ended August 31, 2021. Main highlights of the activity for the […]]]>

Abbotsford, British Columbia – (Newsfile Corp. – December 29, 2021) – Gatekeeper Systems Inc. (TSXV: GSI) (OTC Pink: GKPRF) (FSE: 1GK) (“Gatekeeper” or the “Company”), a provider of video and data solutions for public transport and smart cities, reports financial results for the year ended August 31, 2021.

Main highlights of the activity for the financial year August 31, 2021:

  • Launched an AI-based Automatic Lane Enforcement (ALE) solution for traffic lane violations;

  • Development of CLARITY, the first integrated platform for operating video and school buses in the industry;

  • Launch of a new Software as a Service (SaaS) based video management solution designed to store and manage school bus video data and announcement of the first customer deployment;

  • Appointed Colin Sutherland and Corey Muirhead as independent directors;

  • Signing of many new contracts including a 5-year agreement with the 8e the largest school district and a US $ 2 million contract with the # 1 bus dealership in the United States;

  • Named among the top 10 technology companies in 2021 TSX Venture 50; and

  • Installed approximately 5,000 intelligent mobile data collectors, bringing the company’s total number of installations to approximately 40,000 now.

Financial highlights for the fiscal year August 31, 2021:

  • Revenues were $ 17,231,080, compared to $ 20,316,576 for the same period the previous year. The revenue variance was primarily due to a $ 6.3 million contract that was completed in November 2020. Approximately $ 4.74 million of this contract was billed in fiscal year 2020 and approximately $ 1. $ 56 million was billed in fiscal 2021. Revenue recognition details related to this contract were announced in press releases dated July 9, 2020 and November 10, 2020;

  • Gross profit was $ 7,515,984, compared to $ 8,348,810 for the same period the previous year;

  • The gross margin as a percentage of sales was 44%, compared to 41% the previous year;

  • Operating profit $ 713,633 compared to $ 2,052,758 for the same period the previous year; and

  • Cash flow from operating activities was $ 4,141,853 and as at August 31, 2021, the Company had cash of $ 3,601,034, working capital of $ 9,022,267, no debt debt and approximately 90.3 million shares outstanding.

Management commentary

“For fiscal 2021, we have made significant progress in developing and launching new product solutions that we believe will generate significant future revenue, while continuing to achieve operational profitability,” commented Doug Dyment, President and CEO. “We are strategically investing in our artificial intelligence and video analytics capabilities to develop smart city products such as ALE, which we recently launched as a solution to help cities improve passenger safety and reduce traffic jams at the end of the pandemic. We have now installed approximately 40,000 mobile data collectors on school buses and transit vehicles, which form the backbone of our Platform-as-a-Service mode of business. Video and data solutions are now a requirement in public transport, and I am very excited about our future as we develop Gatekeeper as a data company helping to protect people in transit. “

Financial summary

For the past years

August 31
2021

August 31
2020

August 31
2019

August 31
2018

Income

$

17 231 080

$

20 316 576

$

13 726 313

$

7 850 933

Cost of sales

$

9 715 096

$

11 967 766

$

7 622 185

$

3,661,863

Gross profit

$

7,515,984

$

8 348 810

$

6 104 128

$

4,189,070

Percentage of gross margin

44%

41%

44%

53%

Expenses

$

6 802 351

$

6,296,052

$

6,482,996

$

5,584,266

Operating profit (loss)

$

713 633

$

2,052,758

$

(378,868

)

$

(1,395,196

)

Net profit (loss) for the year

$

108,068

$

3,535,007

$

(285,827

)

$

(1 323 277

)

Earnings (loss) per share –

Basic

$

0.00

$

0.04

$

(0.00

)

$

(0.02

)

Diluted

$

0.00

$

0.04

$

(0.00

)

$

(0.02

)

Total assets

$

14 401 634

$

15,601,937

$

9,249,093

$

7,894,272

Total non-current liabilities

$

670,287

$

815,395

$

101,608

$

Total responsibilities

$

3,301,803

$

4,764,064

$

2,331,195

$

873 817

Total equity

$

11,099,831

$

10 837 873

$

6,917,898

$

7,020,455

Full details of the financial reports and results of operations for the year ended August 31, 2021 are described in the Company’s Consolidated Financial Statements with accompanying Notes and Management’s Discussion and Analysis, available on SEDAR at www.sedar.com.

About Gatekeeper Systems Inc.

Gatekeeper is a leading provider of intelligent video and data solutions designed to provide a safer transportation environment for children, passengers and public safety personnel on multiple modes of transportation. The Company uses AI, video analytics, thermal cameras and mobile data collectors to interconnect transit assets as part of intelligent transportation systems in a Smart City ecosystem. The company’s Platform as a Service (PaaS) business model is an enabling transformation into a provider of video and data solutions for intelligent transit and smart cities.

www.gatekeeper-systems.com

Contact details:
Douglas dyment
President and CEO
ddyment@gatekeeper-systems.com
(604) 864-6187

Caution Regarding Forward-Looking Statements: Certain statements made in this press release that are not historical facts are forward-looking statements and are subject to important risks, uncertainties and assumptions, both general and specific, which give rise to the possibility that actual results or events could differ materially from our expectations expressed or implied by such forward-looking statements. Accordingly, we cannot guarantee that any forward-looking statement will materialize, and readers are cautioned not to place undue reliance on such forward-looking statements. For more exhaustive information on these risks and uncertainties, the reader should refer to the risk factors described in the management report for the year ended August 31, 2021. The forward-looking statements contained in this press release represent our expectations as of the date. hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements. Forward-looking statements are made for the purpose of providing information about management’s current expectations and plans and to provide investors and others with a better understanding of our expected operating environment. Readers are cautioned that this information may not be appropriate for other purposes. The Company assumes no obligation to update or revise these statements to reflect new circumstances or unforeseen events as they occur, except as required by applicable law.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108652


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Pestech to finance, modernize and operate KLIA sky train project for RM 743 million https://glwdrk.com/pestech-to-finance-modernize-and-operate-klia-sky-train-project-for-rm-743-million/ Tue, 28 Dec 2021 00:00:00 +0000 https://glwdrk.com/pestech-to-finance-modernize-and-operate-klia-sky-train-project-for-rm-743-million/ KUALA LUMPUR (December 28): Pestech International Bhd has been awarded the Kuala Lumpur International Airport (KLIA) skytrain project for RM 742.95 million, which involves upgrading the automated passenger transport system (APM) of 1.2 km to the airport, as well as the Operation and maintenance of Aerotrain, for a period of 10 years. The weekly Edge […]]]>

KUALA LUMPUR (December 28): Pestech International Bhd has been awarded the Kuala Lumpur International Airport (KLIA) skytrain project for RM 742.95 million, which involves upgrading the automated passenger transport system (APM) of 1.2 km to the airport, as well as the Operation and maintenance of Aerotrain, for a period of 10 years.

The weekly Edge reported in July that Pestech and rolling stock maker Bombardier Transportation were leading the project, which was the subject of an initial tender in August 2020.

In a December 27 filing, Pestech said its wholly owned unit Pestech Technology Sdn Bhd accepted the award letter from Malaysia Airports (Sepang) Sdn Bhd, a unit of Malaysia Airports Holdings Bhd (MAHB), for the design, supply, installation, testing and commissioning of the APM and associated works.

Pestech will however be responsible for financing the project, estimated at RM300-350 million over its three years of development, and MAHB’s payment will only be phased over six years from the fourth year in 2025.

Speaking to The Edge in an exclusive interview, Pestech Group Managing Director and Chief Executive Officer (CEO) Paul Lim Pay Chuan said the company would become the EPCC (Engineering, Procurement, Construction and Commissioning) contractor. service), with Bombardier as a subcontractor and technology partner.

The Aerotrain will be developed from March 14, 2022, involving the upgrade of Bombardier’s current Innovia APM 100 rolling stock to the Innovia APM 300, Lim said.

Once completed, Pestech will also be responsible for the operation and maintenance (O&M) of the aerotrain from March 13, 2025 to February 11, 2034.

“We see this as an opportunity for the group to enter a new segment not only to undertake rail electrification, but also full-fledged services including rolling stock, train control systems,” Lim said. .

“The O&M part gives us the opportunity to really learn how to drive the train so that we can offer value-added services to customers in the region in the future,” he added.

It is high time to replace or modernize the aging KLIA Aerotrain system, which entered service in 1998 and has suffered more and more failures over the years, having carried over 300 million passengers in its 23 years of service.

In a statement on the contract award, MAHB Managing Director Datuk Iskandar Mizal Mahmood said the skylines are nearing their end of life phase and need to be modernized so that passengers can be better served.

“The new Aerotrains will be upgraded with the track system infrastructure, which will also provide the airport with better operational efficiency.

“There is no doubt that passengers will experience inconvenience over the next three years during the upgrade period. While we strive to minimize service disruption, passengers will continue to be transported using the well-functioning airside bus service as an alternative. service since 2017, ”added Iskandar.

MAHB said the tender was preceded by three feasibility studies to determine requirements and a series of stakeholder engagements with the Ministry of Transport, regulators and government agencies.

The airport operator appointed the American consulting firm Jacobs Engineering Group to provide project management consulting services from the development of detailed design stages through to project completion, using the design approach. -construction-financing-operation-maintenance (DBFOM).

“In Malaysia, Jacobs has been involved in almost all major rail and transit projects, including the Ampang Line, Kelana Jaya Line, Putrajaya Line and, most recently, the JB-Singapore RTS link,” MAHB added. .

In the meantime, Pestech will need to raise the necessary funds to execute the development of the project over the three years 2022 to 2024, which Lim says will come from both equity and debt.

At the end of September, Pestech had short and long term loans of RM 479.24 million and RM 795.34 million respectively, against cash and term deposits of RM 138.95 million. Net debt stands at 1.44 times.

According to its annual report, the group’s main activities are electricity distribution and smart grids; high voltage and extra high voltage electrical system; railway electrification and signaling; power generation, transmission lines and electric cables; and the management of infrastructure assets.

On-going railway projects include the electrification of the Gemas-JB double-track railway and, likewise, the electrification of the Putrajaya MRT line (MRT2).

The company has consistently made profit since its IPO in 2012. For the fiscal year ended June 30, 2021 (FY21), net profit increased 29% year-on-year to RM 66.38 million or 8.72 million. sen per share, against RM 51. .45 million or 6.73 sen per share. The annual turnover increased 11.49% to RM 889.36 million, compared to RM 797.68 million.

Executive Chairman Lim Ah Hock owns a 33.47% stake in Pestech, while his nephew Paul Lim, the company’s chief executive and group CEO, has a 19.76% stake.

Pestech shares gained two sen or 2.58% to 79.5 sen per share on Monday, giving it a market cap of RM 754.65 million.

Also read:
Pestech Bags RM743m KLIA Aerotrain Project
Pestech increases by 8.18% after the bagging of the KLIA Aerotrain project


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Charles Hoskinson’s “vision 2022” for Cardano: from improving Plutus to microfinance https://glwdrk.com/charles-hoskinsons-vision-2022-for-cardano-from-improving-plutus-to-microfinance/ Sun, 26 Dec 2021 12:31:20 +0000 https://glwdrk.com/charles-hoskinsons-vision-2022-for-cardano-from-improving-plutus-to-microfinance/ The New Year is fast approaching and you know what it means. It’s time to close the book on another year gone by. Every year, business leaders set goals for the new year. These goals are typical, or some would say ambitious. Charles Hoskinson, co-founder and CEO of IOHK, the company responsible for the construction […]]]>

The New Year is fast approaching and you know what it means. It’s time to close the book on another year gone by. Every year, business leaders set goals for the new year. These goals are typical, or some would say ambitious.

Charles Hoskinson, co-founder and CEO of IOHK, the company responsible for the construction of Cardano, exposed his vision and the IOHK’s goals for Cardano in 2022.

Here is his wishlist

In one YouTube video posted On Christmas Eve, Hoskinson spoke about doing end-to-end microfinance transactions on Cardano. Here’s what he wants, first.

“My goal for the second half of 2022 is to figure out how to put all the pieces together to get an end-to-end microfinance transaction on Cardano. For a real person in Kenya or somewhere with a blockchain-based identity and credit score, stablecoin on the other side, Cardano is the settlement rail. Peer to peer, person to person, click a button, the loan is theirs. They pay him back, [it] go to the other side.

One thing certainly emerges from his statements, that Africa plays a vital role in Hoskinson’s vision for the next year. It could revolutionize traditional finance.

“It’s without permission, and you can’t stop it once it’s happened. He opens a thousand conversations, [like] what is a good identity? What is a good credit score? What other products and services should exist in the realfi (real finance) space in Africa? And how can this be spread across Africa? It’s the dream, ”he said.

Continuing, he also highlighted the main technical milestones. He said: “A formal open source project structure is going to be formed, much like Hyperledger to Linux”. This would increase institutional traction. At least that’s the dream.

“When you look at things like improving [Cardano’s smart contract platform] Plutus, there are already three CIPS [Cardano improvement proposals] as a result of the work we have done with the developers who have to enter. We’ve got a pipeline that’s got to come in, endorsers that’s got to come in. the testnet, and there’s a lot going on there.

Overall, it’s fair to say that said executive is optimistic about Cardano’s future, as he added, “We’re organizing things in the right way and we’re starting to see a refinement in the science of things. The adoption is here. The community is there. We have grown to about two million people.

Now I take a step back. Cardano has shown decent progress this year. Most recently, Hoskinson tweeted an update for the stablecoin built by COTI Network on Cardano. They work on master contracts which will help provide Oracle exchange rates, allow users to submit multiple orders at the same time, cancel pending orders, etc. The developers are currently testing this implementation.

Zoom out, Hoskinson talked about the roadmap for 2022 just last month. Well now, his aforementioned claims should line up well with the established benchmarks.



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The finance council elects officers and appoints committee members https://glwdrk.com/the-finance-council-elects-officers-and-appoints-committee-members/ Fri, 24 Dec 2021 12:02:46 +0000 https://glwdrk.com/the-finance-council-elects-officers-and-appoints-committee-members/ At its first meeting since election day, members of the Finance Council elected Republican John Madzula II as president and his Republican colleague Chandravir Ahuja vice-president. The December 13 meeting also saw Republican Geoffrey Dent and Democrat Erica Sullivan appointed to a joint committee with the Board of Selectmen and the Legislative Council to discuss […]]]>

At its first meeting since election day, members of the Finance Council elected Republican John Madzula II as president and his Republican colleague Chandravir Ahuja vice-president.

The December 13 meeting also saw Republican Geoffrey Dent and Democrat Erica Sullivan appointed to a joint committee with the Board of Selectmen and the Legislative Council to discuss possible uses of remaining American Rescue Plan (ARP) funds. Democrat Laura Miller and Republican Steven Goodridge were also appointed to a joint committee with members of the other two councils tasked with assessing increases in local recycling costs.

Ahuja, in appointing Madzula as chairman, said he did so due to Madzula’s previous experience on boards – Madzula had previously served on the Conservation Commission and is the only one long-term incumbent of the Finance Council. Shortly before winning a full term in November, Ahuja was appointed to the finance board to fill a vacant position.

First Selectman Dan Rosenthal, in his first Selectman report, explained recycling and ARP issues to the mostly new members of the board and said a joint committee would help create “continuity of thought” between the three bodies, rather than meeting at different times. and form separate plans.

“We should get a tacit agreement and then bring it back to the separate bodies,” Rosenthal said.

Newtown has received $ 7.5 million in ARP funds and has already allocated $ 2.5 million of that amount for the Hawley School HVAC project. He is now looking to distribute the rest of that money.

According to the US Department of the Treasury, ARP funds can be used by the city for the following actions:

* Support public health spending, for example by funding COVID-19 mitigation efforts, medical spending, behavioral health care, and some public health and safety staff.

* Address the negative economic impacts caused by the public health emergency, including the economic harm to workers, households, small businesses, affected industries and the public sector.

* Replace lost public sector revenue, using this funding to provide government services to the extent of the revenue reduction suffered as a result of the pandemic.

* Provide a premium for essential workers, offering additional support to those who have and will bear the greatest health risks due to their service in critical infrastructure sectors.

* Invest in water, sewage and broadband infrastructure, making the necessary investments to improve access to potable water, support vital wastewater and stormwater infrastructure, and expand access to broadband internet.

“Within these global categories, recipients have a great deal of flexibility in deciding how best to use this funding to meet the needs of their communities,” says the Treasury website.

In previous meetings, Rosenthal noted that the ARP requires that whatever the funds are used for not be a “recurring item” – for example, a new position with a salary would not be an approved use of the money. . Any recurring item will have to be financed from the city’s normal operating budget in the years to come. Additionally, ARP funding cannot be applied directly to the budget as income to directly reduce the thousandth rate.

CFO Robert Tait said in a previous meeting that the ARP paid $ 1.56 billion to counties and cities and $ 3.93 billion to residents across the country. Of the city’s $ 7.6 million share, it has received half, or $ 3.8 million, this year and the other half will be available for spending next year.

The recycling issue was raised this fall when the city said its recycling collection would face an increase of $ 550,000 to $ 1,019.290 million. The city then negotiated a more modest increase from its current contractors, Pendergast and Oakridge, of $ 137,449 to continue weekly pickups for a period from November 1 to July 1, 2022.

The municipal decree requires that the routes be divided between at least two sellers.

The bidding process was carried out after the city was approached by one of its contractors for a fee increase. Since a municipality cannot approve such an increase without opening a tendering process, it had to go and bid. When the bids were high, the city began negotiating with vendors in the hopes of lowering costs.

The increase from $ 137,449 to $ 687,449 means the city’s in-budget recycling collection station will only increase by about 30%, up from nearly 100%, First Selectman Dan Rosenthal said. The Newtown Bee October 25.

The Council of Selectmen, the Finance Council and the Legislative Council, at a joint meeting on October 20 held behind closed doors because it was a municipal contract, adjourned the executive session and approved to l unanimously the increase.

The action gives the city extra time to find the best long term solution for the recycling pickup. This could mean the end of recycling collections provided by the municipality, leaving residents to deal with private providers for collection.

If collections are no longer available, the city should offer an increased capacity to drop off recycling at the transfer station by increasing the hours of operation.

The city may also consider reducing weekly collections to every two weeks or every month.

Rosenthal said 43 percent of Newtown households participate in recycling collections. Newtown pays a monthly fee for each household.

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Journalist Jim Taylor can be reached at jim@thebee.com.

Newly elected Finance Council (FRO) Chairman John Madzulla II patts new Vice Chairman Chandravir Ahuja on the back as First Selectman Dan Rosenthal looks on during the panel’s first meeting on December 13. On Election Day, voters sat down four new FRO members – Geoffrey Dent, Erica Sullivan, Steven Goodridge and Laura Miller – who joined incumbents Madzulla and Ahuja.


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Growth in sales of existing homes in the United States for a third consecutive month https://glwdrk.com/growth-in-sales-of-existing-homes-in-the-united-states-for-a-third-consecutive-month/ Wed, 22 Dec 2021 15:00:01 +0000 https://glwdrk.com/growth-in-sales-of-existing-homes-in-the-united-states-for-a-third-consecutive-month/ (Bloomberg) – US used home sales rose for a third straight month in November, indicating that steady job growth and persistently low mortgage rates are helping to support demand even though stocks remain meager. Bloomberg’s Most Read Contract closings rose 1.9% from the previous month to an annualized 6.46 million, the highest pace since January, […]]]>

(Bloomberg) – US used home sales rose for a third straight month in November, indicating that steady job growth and persistently low mortgage rates are helping to support demand even though stocks remain meager.

Bloomberg’s Most Read

Contract closings rose 1.9% from the previous month to an annualized 6.46 million, the highest pace since January, figures from the National Association of Realtors showed on Wednesday. The median forecast from a Bloomberg survey of economists predicted a rate of 6.53 million.

Data suggests housing demand is picking up, especially in the upper end of the market, as borrowing costs remain well below pre-pandemic levels. Even so, high prices may prevent some potential buyers from entering the market, especially those at the lower end of the income scale, harder hit by a larger inflationary surge.

First-time buyers only represented 26% of transactions in November, up from 32% a year ago and corresponding to the lowest share since 2014, according to the NAR report.

The median selling price of an existing home rose 13.9% from a year ago to $ 353,900 in November, partly reflecting higher sales of high-end properties, according to data from NAR. The inventory of homes priced under $ 500,000 remains tight.

“Determined buyers were able to secure homes before mortgage rates rose further in the coming months,” Lawrence Yun, chief economist of the NAR, said in a statement. Yun said sales this year are expected to reach 6.1 million units, which would be the best since 2006.

“Locking in a constant, firm mortgage payment has motivated many consumers who have grown weary of escalating rents over the past year,” he said.

Housing inventory

There were 1.11 million homes for sale last month, down 13% from the previous year. At the current rate, it would take 2.1 months to sell all the homes available on the market. Real estate agents see any offer of less than five months as a sign of a tight market.

“New ads are coming to the market, but they are quickly picked up,” Yun said on a call with reporters.

Properties were on the market for an average of 18 days in November, up from 21 days in the same month a year ago.

Cash sales accounted for 24% of deals in November, while investors – who make up a large chunk of cash sales – accounted for 15% of November contract signatures.

Dig deeper

  • Previously owned single-family home sales rose 1.6% last month to a $ 5.75 million pace

  • Sales of existing condominiums and co-ops increased 4.4% in November to 710,000

  • Three of four U.S. regions posted increases in November, driven by a 2.9% gain in the South and a 2.3% gain in the West

  • Existing home sales represent approximately 90% of homes in the United States and are calculated at the close of a contract. New home sales, which make up the rest, are based on contract signatures and will be released on Thursday

(Add a graphic)

Bloomberg Businessweek Most Read

© 2021 Bloomberg LP


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Let the “outside price” guide your next car negotiation https://glwdrk.com/let-the-outside-price-guide-your-next-car-negotiation/ Mon, 20 Dec 2021 18:00:55 +0000 https://glwdrk.com/let-the-outside-price-guide-your-next-car-negotiation/ Buying a vehicle is more difficult than ever. Buyers have a long tradition of negotiating discounts based on the number on the window sticker. In today’s tight market, however, many dealers say there is no room to negotiate the cost of a new or used car. In fact, buyers typically come to the dealership’s lot […]]]>

Buying a vehicle is more difficult than ever.

Buyers have a long tradition of negotiating discounts based on the number on the window sticker. In today’s tight market, however, many dealers say there is no room to negotiate the cost of a new or used car. In fact, buyers typically come to the dealership’s lot to find a large assortment of add-ons and fees attached to that asking price, inflating the final tally by thousands of dollars.

Some could be extras such as tinted windows or floor mats or protective film. Some could be fees to cover the cost of advertising or preparing a car for sale. Some can be boldly labeled “Dealer Margin Added”.

What will the dealer negotiate on? What are the fees imposed by law? How to find the best offer?

Your most powerful trading strategy is not to trade these individual extras at all.

Instead, ask the question that reduces the number of moving parts to one: “What’s my release price?” “

Negotiate the exit price:

  • Reduces confusion by allowing you to focus on one number.
  • Reveals all costs, hidden charges and add-ons.
  • Allows you to make apple-to-apple comparisons of offers from different resellers.
  • Protects you from negotiating the monthly payment, a preferred tactic at dealerships.
  • Avoid last minute surprises when revising the sales contract.
  • Helps you set and stick to a budgeted price.

What is the price outside?

Simply put, the exterior price adds up all the parts of a car purchase and gives you a clear price. It represents the number on the check that you would have to write to bring the car home.

If you don’t know the outside price and instead negotiate on the purchase price of the car itself, or – worse yet – the monthly payment, you might be shocked at the total amount you have to pay. This price may have been inflated by a number of late additions to the contract.

Here is an overview of the costs included in a typical car offer:

  • The negotiated price of the car.
  • Destination charge, if the vehicle is new.
  • Sales taxes and local taxes.
  • Documentation fees (reseller’s fees for drafting sales contracts; in many states, these are capped by law).
  • Registration fees.

Any equity you have in your trade would reduce the outside cost.

Pretty simple, right?

But here’s the thing. Sometimes a reseller includes additional items in a sales contract, such as an extended warranty, anti-theft devices, reseller add-ons (such as fenders), or hidden charges that they consider to be part. of the deal, but you might not. The dealer can be quite outspoken and list “market fit” or similar language directly on the sticker.

It is difficult to keep track of all of these and know what is negotiable. But, by asking for the outside price, you get all of these moving parts packed into one net figure.

How to use the external price

First, you need to estimate what you can afford to spend before you even go to the dealership.

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Add the selling price, destination charges, sales taxes, title and registration charges, and document charges. If you have equity in your exchange, deduct it from that amount. If you owe more than the value of your transaction – you are upside down on the loan – add that to that amount.

This total represents your minimum exterior cost. In today’s market, you may have to decide how much more you are willing to pay. Whatever amount, use it for:

  • Calculate car payments. While you don’t want to negotiate monthly payments at the dealership, you do want to get a feel for what that final number might be.
  • Buy a car loan up front, using the total minus any down payment you have. Ideally, try a 20% down payment and a loan of no more than 60 months. A pre-approved loan in your pocket gives the dealer something to beat and takes away any worries you won’t qualify for.
  • Compare dealer quotes, with your total as a benchmark.

Using the external price online

There are many tools that allow you to locate and trade a car without going to the dealership. In fact, the only real reason to go in person is to try the car.

  1. Search the online inventory of dealers in your area to find the car you want with the right set of options and in the color you like. If you can’t find what you want, ask which vehicles are coming from the factory.
  2. Contact the dealership’s internet manager by email. Check that the car is still on the lot or inbound and request a quote.
  3. If the dealer price is close to the MSRP, request an outside price with a cost breakdown.
  4. Continue to collect quotes from competing dealers.
  5. Compare exit prices from different dealers to find your best deal.
  6. Your final sales contract will list each of the charges and extras, but the total should reflect the agreed selling price.

Any dealer’s exit price is negotiable. They can stand firm because they know the vehicle can be sold for that price, or they can reduce the exit price by eliminating some extras or reducing their price.

Once you know the outside sale price, you can ask the dealership to make a monthly payment based on that amount. You will need to complete a credit aLearn how to use the “exit price” to negotiate the best deal when purchasing your next vehicle. want to finance the loan.

Use the dealer’s financing if they can beat the rate you offered.

• • •

About the Author: Philip Reed is an automotive expert who writes a syndicated column for NerdWallet which has been produced by USA Today, Yahoo Finance and others. He is the author of 10 books.


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