Podcasts about fy2019

The CBE will start handing out letters of credit (LCs) to importers of non-essential goods at the start of June.The government has cleared USD20 billion worth of goods across the country's ports since the beginning of 2024, a source at the Customs said.Prime Minister stated during the World Economic Forum meeting in Riyadh that it costs Egypt USD10 billion annually to host 9 million refugees.Japan has pledged USD230 million in financing to support the state budget, Finance Minister Mohamed Maait said.The Egyptian Tax Authority confirmed that it has not issued any directives or instructions during the previous period to date regarding the application of the tax on capital gains regarding securities on the stock exchange.The Development Finance Corporation, affiliated with the federal government of the US, is considering financing the Actis Fund's acquisition of the Jebel El-Zeit wind station.The CBE sold USD997.6 million worth of one-year treasury bills in an auction, with an average return of 5.149%.The WB revealed that Egypt's national poverty rate rose in 2022 to 32.5% from 29.7% in FY2019-20 fiscal year.Egypt plans to bid for four desalination plants at a total cost of USD350 million on the North Coast near Ras El Hekma in mid-July, according to local media. It is worth highlighting that ORAS and SWDY were among the prequalified bidders.TMGH (FV: EGP73.80, OW) Board approved a share buyback of up to 10.0 million treasury shares during the period 29 April 2024 to 29 May 2024.According to local media, HELI (FV: EGP18.84, OW) is planning to select the co-developer of its 580 feddan New Heliopolis land plot in around two weeks and is negotiating to have the down payment paid to HELI increased to EGP1.0 billion. The project is expected to generate revenue of at least EGP35.0 billion, with a minimum gurarntee to HELI of at least EGP17.0 billion.AMOC released 3Q23/24 unaudited financial indicators. Net profit increased by 315% YoY  and declined by 21% QoQ to EGP393 million in 3Q23/24. On a nine-month basis, net profit before minority interest grew by 19% YoY to EGP1.31 billion in 9M23/24. AMOC is currently trading at FY23/24e PE of 4.7x and EV/EBITDA of 3.0x.According to local media, SUGR net profit declined by 33% YoY in 1Q24 to EGP216.8 million compared to EGP323.8 million in 1Q23.Ashry Steel is adding two new production lines worth USD150 million to its business that will be completed in ten months to scale up the production of iron and other products and increase total capacity by 30%, according to local media.Egypt's total cement exports dropped 31% YoY to USD165 million in 1Q24. Beltone Holding subsidiary, Beltone Investment Holding (BIH), will launch a USD100 million private credit platform geared towards the needs of Egyptian exporters as well as companies with overseas operations.Investment management firm Act Financial wants to either acquire or merge with another entity. A number of Saudi and Emirati investors have already expressed interest in taking part in the transaction.HRHO has issued EGP600 million of debt to its subsidiary Hermes Securities Brokerage (HSB) in the form of a senior unsecured short-term note. 

Karabo Morule shares on Art and Wealthy Families on the continent About: Karabo Morule's current mission is to get collectors of modern and contemporary art to see it as an asset class and ensure that artworks are not relegated to being decoration or artefacts over time, and that art collectors see long-term value in the artworks they collect. She is the Founder of Capital Art which is an art fintech and is the first art collection management service that is facilitates collection management for collectors of modern and contemporary African art. She has also served as a non-executive director for several companies. She is an actuary by profession and was the second black African woman to qualify as an actuary in South Africa. Her career spans investment banking at J.P. Morgan in Johannesburg and London, as well as a ten-year period in senior executive roles at a financial services conglomerate, Old Mutual Limited. Her last role at Old Mutual was managing Personal Finance which reported 1.8m customers, over 4,100 office staff, tied agents and broker consultants, Life APE sales of ZAR2bn and profits of ZAR1.7bn for FY2019. She has been collecting, investing in and being a patron of the arts since 2012 and is also an angel investor. In 2018, she was selected to join the World Economic Forum's Forum of Young Global Leaders. She is an alumnus of the University of Cape Town and Harvard Business School. Website: https://capitalart.co Instagram: https://www.instagram.com/capitalartofficial/

George Soro's son apparently has access to the highest ranking honchos of the Biden White House. This according to the New York Post: A son of billionaire George Soros has quietly become a de-facto White House “ambassador,” making at least 14 visits there on behalf of the far-left kingmaker since President Joe Biden took office, records reviewed by The Post show. Alexander Soros — a prolific Democratic fundraiser in his own right who likes to boast about his relationships with world leaders on social media — scored at least a dozen meetings with White House officials in 2022, according to recently updated White House visitor logs. Soros, 37, also participated in two other confabs there in late 2021, the records show. His latest trips include visiting Dec. 1 with then-White House Chief of Staff Ron Klain's advisor, Nina Srivastava, who also worked on Biden's presidential campaign, the logs show. Plus Government waste on display.  The Biden White House may be the worst spender.  The folks at Openthebooks.com lay it all out for us. During President Joe Biden's first three years, he spent $158.8 million on the largest White House payroll in American history, based on headcount. White House staff for FY2023 collectively cost $52,775,234.    No White House ever employed 500 staffers until Biden became president. The Biden White House employed 560 in FY2021 and 474 in FY2022. In 2023, the headcount increased by 50, to 524.    Biden employs 108 more staffers than Trump (416) (FY2019) and 70 more than Obama (454) (FY2011) at the same point in their respective presidencies.   There was 46% turnover in White House staff, year over year. 220 employees from last year are no longer on payroll. Last year the turnover rate was 39%.    The turnover in Biden's third year is 10% higher than the 36% turnover in 2019, Trump's third year.  The Apple subscribe link is here: https://podcasts.apple.com/us/podcast/stinchfield/id1648560956 The Spotify subscribe link is here: https://open.spotify.com/show/7y6jgJ3af2ymyDQ79Nk0yv Stinchfield website https://grantstinchfield.com/See omnystudio.com/listener for privacy information.

India Policy Watch #1: Silly Season Is Upon UsInsights on issues relevant to India— RSJLate on Friday this week, the RBI issued a circular withdrawing the circulation of ₹2000 denomination banknotes. The RBI clarified that these notes would continue to serve as legal tender, so this isn't another demonetisation. Here's the Indian Express reporting:THE RESERVE Bank of India (RBI) Friday announced the withdrawal of its highest value currency note, Rs 2,000, from circulation, adding that the notes will continue to be legal tender. It said the existing Rs 2,000 notes can be deposited or exchanged in banks until September 30, but set a limit of “Rs 20,000 at a time”.“In order to ensure operational convenience and to avoid disruption of regular activities of bank branches, exchange of Rs 2,000 banknotes can be made up to a limit of Rs 20,000 at a time, at any bank starting from May 23,” it said.“To complete the exercise in a time-bound manner and to provide adequate time to the members of the public, all banks shall provide deposit and/ or exchange facility for Rs 2,000 banknotes until September 30, 2023,” the RBI said.The RBI circular and the press note also attempt to make a convincing, logical case for this decision. There appear to be three reasons for doing this.Thanks for reading Anticipating the Unintended! Subscribe for free to receive new posts and support my work.One, the ₹2000 denomination notes seem to have served their useful purpose. They were introduced in November 2016 when the legal tender status of existing ₹500 and ₹1000 banknotes in circulation were withdrawn. Looking back, it appears these were introduced to help re-monetise the economy really quickly, which was under the stress of not having adequate new legal tender banknotes. According to the RBI, after this task of re-monetising was completed, the printing of new ₹2000 banknotes was stopped in 2018-19. Therefore, after 5 years of not printing any new notes, this looks like the right time to take them out of circulation completely.Two, since most of the ₹2000 denomination notes were issued prior to 2017, they have apparently completed the typical lifespan of a banknote which is between 4-5 years. In an ideal system, most of these old notes should have come back to the RBI by now. Further, these notes are not seen to be used for transactions anymore. They seem to be just sitting somewhere out there. So, in pursuance of the ‘clean note policy', the best course of action is to withdraw them from circulation. Lastly, there was also an allusion to the ₹2000 notes being often found by various investigative agencies in their haul of black money or frauds. So, somewhere there is a view that withdrawing these notes would smoke these fraudsters out, who are sitting on piles of this unaccounted-for cash.Now, as students of public policy, we must assess this measure based on its intended objectives, the likely costs of doing it and the unintended consequences that are likely to arise. The first reason—that the ₹2000 banknotes have served their purpose, so it is time we take them out—can be scrutinised further. I don't think it was made clear when they were introduced back in November 2016 that the only reason for doing it was to re-monetise the economy quickly. There's a bit of retrofitting of logic here. Also, the decision to stop printing new ₹2000 notes in 2018-19 has meant the total circulation of these notes has been on a decline. In the last four years, the total value of the ₹2000 notes in circulation has gone down from ₹6.5 trillion (over 30 per cent of notes in circulation by value) to about ₹3.6 trillion (about 10 per cent of total circulation by value). I guess, left to itself, we might have had this number slide to a smaller number, say below, ₹1 trillion in the next 3 years. The same point is relevant for the ‘clean note policy' since these notes would have eventually come back if they were not being used for transactions and were already at the end of their lifetime. So, the question is, did we need to accelerate something that would have followed a natural path to the policy objective that's desired? Would another three years of these notes in circulation have been detrimental to some policy objective? It is not clear. What's clear is there will be another season of ordinary citizens queuing up in front of bank branches that will begin on Monday. It might be argued that there won't be any panic because the regulator has made it clear that these notes will continue to be legal tender. But who will receive these notes for any transactions starting today? These notes are as good as useless, and for anyone who uses them for transactions or has stored them for any legal purpose, the only way is to get them exchanged for those notes that are both legal and usable. There's always a sense of schadenfreude among the middle class that it is the rich who will suffer. As was seen during the demonetisation exercise, the poor suffer equally, if not more. The cost of the logistics of sending all ₹2000 notes back from ATMs and branches to the RBI, replacing them with notes of other denominations, the extra hours spent by people exchanging their notes in batches of ₹20,000 and the additional measures to be taken to check for the provenance of the money that will come into the banking system and the risk of frauds during this process are all additional costs to the system. There should be a more compelling upside to these costs except to argue that these notes have served their purpose.Lastly, on high denomination notes abetting corruption and fraud, there's some data from experiences in other countries that suggest this. However, experience in India has shown after the initial ‘disruption', the system finds a new equilibrium, and things continue as usual. The idea that demonetisation would aid the digital economy and will bring down cash in circulation was compelling at that time. But as seen, over time, cash in the economy continued to rise despite a significant ramp-up in digital transactions, which might have happened anyway because of UPI. There are more fundamental reasons for corruption that need to be addressed than making a case for smaller denomination notes. Anyway, the corruption argument never gets old in India, where everyone assumes that, barring them, everyone else around is corrupt. So, the usual arguments have started surfacing on social media that this will impact a small minority of people, and they anyway need to answer why they were hoarding these high denomination notes. And, there's the political masterstroke argument which suggests this will derail the fundraising ability of the opposition in this election year. I'm not sure if that's supported by data because we had the unusual scenario of almost 100 per cent of the invalidated denomination notes during demonetisation eventually returning to the RBI. Nobody was wiser when that happened. The only upside at the end of this exercise will possibly be with banks that will have a temporary increase in their deposits. The scramble for deposits that was on because of shrinking liquidity will abate for some time. That will possibly help them support loan growth that was dependent on deposit mobilisation. That might not be a bad outcome, but it is a torturous way to get there. But then we like convolutions.In parallel, there was another interesting piece of policy-making going on. The TCS (tax collected at source) on international credit card spending outside of India. Earlier during the week, reports emerged that all such spends will now attract a TCS of 20 per cent which can then be recovered by individuals at the time of filing their annual return. The Indian Express on Tuesday reported:THE CENTRAL Government, in consultation with the Reserve Bank of India, in a late night notification Tuesday amended rules under the Foreign Exchange Management Act, bringing in international credit card spends outside India under the Liberalised Remittance Scheme (LRS). As a consequence, the spending by international credit cards will also attract a higher rate of Tax Collected at Source (TCS) at 20 per cent effective July 1.The notification brings transactions through credit cards outside India under the ambit of the LRS with immediate effect, which enables the higher levy of TCS, as announced in the Budget for 2022-23, from July 1. This is expected to help track high-value overseas transactions and will not apply on the payments for purchase of foreign goods/services from India.Prior to this, the usage of an international credit card to make payments towards meeting expenses during a trip abroad was not covered under the LRS. The spendings through international credit cards were excluded from LRS by way of Rule 7 of the Foreign Exchange Management (Current Account Transaction) Rules, 2000. With the latest notification, Rule 7 has now been omitted, paving way for the inclusion of such spendings under LRS.Now, what could be the reason for this? The Chief Economic Advisor in a column in the Indian Express gave an insight into the thinking:It is a fact that remittances under LRS have increased multi-fold in the last few years, and as per data published by the Reserve Bank of India (RBI), LRS remittances which were Rs 0.9 trillion in FY2019, crossed Rs 2 trillion in FY2023. During FY2023, an interesting trend was noticed in the remittances for deposits, purchase of immovable property, investment in equity/debt, gifts/donations and travel. Remittances under these heads constituted almost 70 per cent of the total, representing a year-on-year growth of 74 per cent. Foreign travel alone was almost Rs 1.1 trillion in FY2023, a three-fold increase from the pre-Covid period. In all of these, payments made through credit cards are not reflected as such payments were not subject to the LRS limit. This is an anomaly that needed to be fixed anyway.We are back to the old Indian argument. There are people who are spending money on their credit cards abroad that's not captured in the LRS limit. We need to know who these people are and what is the amount they are spending. That's fair. It is an information problem that needs to be solved. Find out who are the people spending this and add it back to their LRS eligibility. Better still, increase the LRS limit so that people can spend more freely. We aren't in the 70s that we need to conserve foreign exchange through means that make the lives of ordinary citizens difficult. Why should a tax be applied to an information problem? And it is conceptually fine to say that this tax amount is only deposited with the government during the transaction and can be recovered at the time of filing the annual return. But there are way too many complications at an operational level, including upfront working capital costs. The challenge of tracking international spending, separating corporate and individual purchases and optimising for the overall LRS limit, especially if people have kids studying abroad, will burden individuals. For card companies, it will mean helping customers track this, figuring out all sorts of exception scenarios when a customer cancels a foreign transaction on which a TCS has already been paid or where they default on payment but the card company has already deposited the TCS with the government. Instead of simplifying the tax structure and remittances, the attempt is to complicate things to catch hold of a few exceptions. And those who claim this impacts only 7 per cent of people who have a passport, I can only say why inconvenience even 1 per cent of citizens if there's no compelling motive. Thankfully, some sense seems to have prevailed, and we had a clarification from the finance ministry on Friday. The ministry clarified:Concerns have been raised about the applicability of Tax Collection at Source (TCS) to small transactions under the Liberalized Remittance Scheme (LRS) from July 1, 2023. To avoid any procedural ambiguity, it has been decided that any payments by an individual using their international Debit or Credit cards up to Rs 7 lakh per financial year will be excluded from the LRS limits and hence, will not attract any TCS.Small mercies. But it still doesn't fully do away with an unnecessary measure. India Policy Watch #2: Technological Learning is a Marathon, Not a SprintInsights on issues relevant to India— Pranay KotasthaneElectronics manufacturing is a hot topic nowadays, as it is being seen as a lead indicator of India's improving manufacturing prowess. Not a week goes by without reports on this topic, ranging from the mobile exports clocked every quarter and the difficulties encountered by companies in localising production to the uptake of the Production-linked Incentives (PLI) scheme to encourage production. Broadly speaking, the analyses can be classified into two simple categories: detractive (“hum se naa ho paayega” type) and presumptuous (“Hum jahan khade ho jaate hain line wahi se shuru hoti hain” type). I contend that both kinds of analyses make a common mistake: they don't appreciate a concept of called technological learning. This leads them to reach similar conclusions, albeit through different perspectives.Dodgson, a scholar of innovation, defines technological learning as “the ways firms build and supplement their knowledge-bases about technologies, products and processes, and develop and improve the use of the broad skills of their workforces”. The assumption is that firms build additional capabilities over time as and when they keep getting better at doing relatively simpler tasks, projects, and processes. The detractors of India's nascent electronics manufacturing are quick to point out that Indian manufacturers' high failure rates are a clear indication that India cannot do large-scale manufacturing. For instance, the news report that iPhone casings produced at Tata's Hosur plant had a 50 per cent failure rate, has become an oft-cited datapoint to downplay India's manufacturing capabilities. While such critiques should not be dismissed lightly, it's also important not to overreact. Electronics manufacturing in China faced pretty much the same challenges; in fact, Chinese manufacturers had far lower yields in the initial phases. Technological learning and upgradation happen over time; it is unrealistic to expect immediate success in this field.On the other hand, fervent supporters believe that the Indian government can boost manufacturing output and export competitiveness merely by implementing industrial policies and import substitution measures. In this model, PLI schemes, higher import tariffs, and infant industry protection are necessary and sufficient conditions for building India's electronics manufacturing sector. This line of thinking also ignores technological learning. Indian firms will have to begin with the assembly of imported components necessarily. In fact, we should be willing to digest a decrease in the domestic value added per unit of demand over the next few years, as was the case in China and Viet Nam. As Indian manufacturing achieves global scale, local content addition will increase by default, as firms seek to optimise costs, and employees go on to become local entrepreneurs. The hurry to localise domestic value addition runs at odds with exporting competitiveness, a point that the self-assured are ignoring.And so, both viewpoints are misguided due to their disregard for the role of technological learning in manufacturing development. It is crucial to acknowledge that gaining proficiency in manufacturing takes time. Naushad Forbes Business Standard article explains this process of learning took place in East Asia:Firms like Samsung, Hyundai, LG, TSMC and Acer did not start as global brands. They began with outsourcing, as original equipment manufacturers or OEMs, building manufacturing operations of global scale. They used their demanding buyers as a source of technology that made them world-competitive. But they did not stop there. They invested in R&D, as process innovation, to make manufacturing more efficient. They then offered their buyers products with new and improved design, moving up the scale to own design and manufacture or ODM, claiming a piece of the innovation rents that came from better products.  This required them to invest in substantial product design capabilities, which over time completely outclassed and replaced the design capabilities of their buyers. And, finally, with world-competitive manufacturing and leading-edge product design in place, they made the shift to own brand manufacture or OBM, launching their own brands, going beyond their home market, spreading step by step into the world. This is the story of Samsung in microwaves and semiconductors, LG in TV sets, Hyundai in cars and excavators, TSMC in microprocessors, and Acer in laptops. This OEM to ODM to OBM story is one of continuous learning. It's crucial to bring technological learning back in conversations on India's manufacturing.P.S.: Earlier this week, the government announced another PLI scheme for "laptops, tablets, all-in-one PCs, servers etc.", with a budgetary outlay of ₹17000 crores over six years. If the government appreciated technological learning, it would accompany this PLI with a reduction in customs duties. Competitive exports need competitive imports of intermediate components and equipment. Matsyanyaaya: Launch India-US Trade into Another OrbitBig fish eating small fish = Foreign Policy in action— Pranay KotasthaneAhead of the Indian PM's visit to the US next month, some of us at Takshashila propose an ambitious agenda on the trade front in this document—increase bilateral trade to $500 billion by 2030 and $1 Trillion by 2040.Here're the pathways to achieve this goal:* Expand the existing US-India 2+28 ministerial dialogue: This dialogue currently comprises the Foreign and Defence ministers from both countries. However, to comprehensively address the intricacies of global trade relations, it would be beneficial to transition to a 3+3 format to include both nations' trade and commerce representatives. * Capitalize on the role of states: The economic landscape in India is witnessing a shift towards the states. Various factors that significantly influence business operations, such as land acquisition and law and order, predominantly lie under the jurisdiction of individual states. Owing to India's vast size and diverse nature, different states have fostered their unique strengths and advantages. The trade relations between the two nations can be further enhanced through a partnership where groups of states engage in reciprocal visits each year, bolstering trade ties and fostering mutual growth. * The Trade Policy Forum (TPF) must be held every year. It is the right cadence to ensure disciplined action and follow-through on ambitious goals. The institutional memory of the TPF will work to create continuity. The old adage "we overestimate what can be done in one year and underestimate what can be done in 5 or 10 years" is particularly applicable here. * The organic growth in trade between companies on either side needs only the occasional enablement. Trade in technology services, pharmaceuticals, SaaS, industrial goods and many other sectors can continue. It will benefit from forums like the US-India Business Council (USIBC) that seek to remove frictions in the ordinary conduct of business and shine a light on some sticky areas. * Create plurilateral trade partnerships. Until now, the US and India do not together find themselves in any regional trade partnership. The revived QUAD, with a heavy security focus, will be one such partnership with significant trade implications. The Indo-Pacific Economic Framework (IPEF) proposed this summer is a promising way to advance on a partnership, but the partnership details must be worked out. For the greater good, India and the US will have to work out sticking points in the data & privacy sections of the agreement. There appears to be significant mutual concurrence on tax, anti-corruption and clean energy, the other three pillars of the IPEF agreement. * Trade in high-technology sectors would get a fillip from the two governments setting up specific framework agreements. The new US-India initiative on Critical and Emerging Technologies (iCET) is an example of a framework agreement that could kickstart interaction between government, industry and academia in areas such as artificial intelligence (AI), semiconductors, 5G/6G telecommunications, quantum computing, biotech, deep ocean and space technologies. * In commercial and societal terms, the exchange of people will be the biggest binding factor between the two countries. In the short term, reciprocal visa access and availability should be addressed on a priority basis. In the longer term, both sides should work on Indians being separated from the general pool of "H1" applicants and in a category of their own. Additionally, the thresholds for each country employing citizens of the other should be brought down gradually. [From Narayan Ramachandran et al., “Time to Launch the US-India Trade Relationship into Another Orbit,” Takshashila Policy Advisory 2023-02]HomeWorkReading and listening recommendations on public policy matters* [Article] Anupam Manur on the ₹2,000 note withdrawal in Moneycontrol — “Like a nightmare resulting from a traumatic experience for a person suffering from PTSD, demonetisation came back to haunt the collective consciousness of this country when the Reserve Bank of India (RBI) decided to recall the 2000 rupee note.”* [Podcast] In the next Puliyabaazi, Devashish Dhar talks about cities, urbanisation, working in government, etc. Strongly recommend it to people considering public policy as a career option.* [Articles 1, 2, & 3] Naushad Forbes' series on private R&D and national innovation in Business Standard is a must-read for those interested in technology geopolitics and tech policy. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit publicpolicy.substack.com

1. Condor Gold #CNR - Condor Gold Provides an Update on Sale of Assets On 22 November 2022, Condor Gold announced that following a robust and economically attractive Bankable Feasibility Study, also known as a Feasibility Study, on the La India open pit, it appointed H&P Advisory Limited to seek a buyer for the assets of the Company. The sales process is now entering the end of its first phase with various parties having conducted site visits and others ongoing. Three formal expressions of interest including 2 non-binding offers (subject to further due diligence) have been received by the Company and further offers are expected as nine companies are under a Non-Disclosure Agreement (NDA). 2. Tern #TERN - Wyld Networks SEK 9.2 million Purchase Order Following an earlier order for Wyld Connect modules in 2022, Wyld Networks today announces an additional order for Swedish Krona SEK 9.2 million (approximately £0.7 million) for the Wyld Data service from a South African company deploying soil moisture sensors to optimize irrigation and automate scheduling systems for agriculture. Tern currently holds 40.2% of Wyld Networks' equity. 3. Nightcap #NGHT - Interim Results Revenue growth of 48.7% to £23.5 million. Like-for-like 10.1% increase for H1 FY2023 against equivalent period in FY2019, however, a 5.8% like-for-like*decrease occurred in H1 FY2023 against H1 FY2022, largely due to the ongoing rail strikes. Adjusted EBITDA increased by 25% to £2.0 million, despite significant rail strikes held across the UK. Management estimates that the 13 rail strike days over the period have cost the Company approximately £1.2 million in EBITDA. As at 1 January 2023, the Group's net debt was £4.1 million with £0.75 million of the Group's total bank debt scheduled for repayment during FY2023.

Steve Burns, CEO of Hollywood Bowl #BOWL discusses their final results which saw record revenues up 49.2% to £193.7m, free cash flow up 142.6% to £34.8m and has confidence in the future backed up by a strong balance sheet with cash of £56.1m and no debt. Highlights Excellent FY2022 performance supported by strong customer demand ·  28.3% LFL revenue growth compared to FY2019 ·  Record revenues of £193.7m, up 49.2% compared with FY2019 (FY2019: £129.9m) ·  Group adjusted EBITDA (pre-IFRS) of £60.6m, an increase of 58.6% to FY2019 (£38.2m) Innovation and technology investment driving 8.4% higher spend per game (SPG) and excellent customer satisfaction scores ·  Games LFL volumes increased by 18.3% ·   Total amusement revenues grew 49.9% compared with FY2019 and food and drinks revenue increased by 18.6% despite a reduction in average menu prices ·  Continued rollout of Pins on Strings with 15 centres completed in FY2022, bringing the total completed to 41 (65% of the estate) with returns in line with expectations ·  Improved overall net promotor score to 61%, up 6.1%pts vs. FY2019 Strong balance sheet and continued significant cash generation ·  Updated capital allocation policy (with FY2025 net cash ratio5 target of 0.5X) focused on profitable growth and shareholder returns ·  Final ordinary dividend and special dividend declared To read the full RNS click here

Sarah Willingham of Nightcap #NGHT discusses their impressive growth, where net sales for 40 weeks ended 3 April 2022 increased by 24.4% to £25.2m on a like for like basis compared to 2019, and also talks about their new site openings and additional pipeline. Summary 4 weeks ended 3 April 2022 ("Q3 FY2022") Nightcap continued its growth trajectory during the third quarter of its 2022 financial year, which includes strong growth in the Barrio Familia group ("Barrio"), which was acquired on 21 November 2021. Unaudited Group net sales were £9.6 million for Q3 FY2022, resulting in a 52.7% net sales increase compared to the same period in 2019 and a 27.7% like for like* increase compared to the same period in FY2019. 40 weeks ended 3 April 2022 ("YTD FY2022") Unaudited Group net sales were £25.2 million for YTD FY2022, resulting in a 48.6% net sales increase on the same period in 2019 and a 24.4% like for like* increase compared to periods in FY2020 and FY2019.

ABOUT THE BLACK FUNDRAISERS' PODCAST The Black Fundraisers' Podcast was founded in 2021 by Kia Croom, a 20-year nonprofit fundraising and philanthropy leader. To learn more about Kia's work or to connect with her visit www.kiacroom.com. We encourage you to email the Black Fundraisers' Podcast with suggestions for show topics, inquiries, advertising and sponsorship opportunities at Blackfundraiserspodcast@gmail.com. Subscribe to the Black Fundraisers' Podcast wherever podcasts are available Connect with us on IG & YouTube @Blackfundraiserspodcast ABOUT TODAY'S GUEST Mark Gaines is the Chief Development Officer of Diversity, Equity and Inclusion at Purdue University. Since joining Purdue, Mark has served as a Director of Development for the Krannert School of Management. He has been instrumental in closing important investments for the School of Management, which includes The Business Opportunity Program that assists underrepresented minorities with their pursuit of a business school education. Mark has connected well with Krannert alumni, faculty, and students, and has assisted his team in raising a record number of dollars for FY2019. Prior to his tenure at Krannert, Mark served as a Major Gift Officer and Associate Director for the Center for Integrated Learning at Earlham College and Associate Director of Development at Miami University's Farmer School of Business. During his time with Farmer, Mark solicited endowed scholarships, chairs, and faculty support. He also developed the university's signature scholarship aimed at first generation and minority students. The latter scholarship became one of Farmers major components for their new college wide campaign. Mark holds an MBA from the University of Minnesota's Carlson School of Business, an undergraduate degree from Earlham College, and the distinction of Certified Fund-Raising Executive (CFRE). This podcast is hosted by ZenCast.fm

Mark Gaines, CFRE shares how he worked to create the role of his dreams as CDO of DEI at Purdue University, and offers replicable strategies for institutional advancement professionals looking to follow suit. ABOUT THE BLACK FUNDRAISERS' PODCAST The Black Fundraisers' Podcast was founded in 2021 by Kia Croom, a 20-year nonprofit fundraising and philanthropy leader. To learn more about Kia's work or to connect with her visit www.kiacroom.com. We encourage you to email the Black Fundraisers' Podcast with suggestions for show topics, inquiries, advertising and sponsorship opportunities at Blackfundraiserspodcast@gmail.com. Subscribe to the Black Fundraisers' Podcast wherever podcasts are available Connect with us on IG & YouTube @Blackfundraiserspodcast ABOUT TODAY'S GUEST Mark Gaines is the Chief Development Officer of Diversity, Equity and Inclusion at Purdue University. Since joining Purdue, Mark has served as a Director of Development for the Krannert School of Management. He has been instrumental in closing important investments for the School of Management, which includes The Business Opportunity Program that assists underrepresented minorities with their pursuit of a business school education. Mark has connected well with Krannert alumni, faculty, and students, and has assisted his team in raising a record number of dollars for FY2019. Prior to his tenure at Krannert, Mark served as a Major Gift Officer and Associate Director for the Center for Integrated Learning at Earlham College and Associate Director of Development at Miami University's Farmer School of Business. During his time with Farmer, Mark solicited endowed scholarships, chairs, and faculty support. He also developed the university's signature scholarship aimed at first generation and minority students. The latter scholarship became one of Farmers major components for their new college wide campaign. Mark holds an MBA from the University of Minnesota's Carlson School of Business, an undergraduate degree from Earlham College, and the distinction of Certified Fund-Raising Executive (CFRE). --- Support this podcast: https://anchor.fm/kia-croom/support

Small Business Administration Microloan Program - Started by Congress in 1991, the Microloan program is designed to assist women, low-income, veteran, and minority entrepreneurs and small business owners by providing them small-scale loans for working capital or the acquisition of materials, supplies, or equipment. In FY2020, Microloan intermediaries provided 5,890 microloans totaling $85.0 million. The average Microloan was $14,434 and had a 6.5% interest rate. The program's critics argue that it is expensive relative to alternative programs, duplicative of the SBA's 7(a) loan guaranty program, and subject to administrative shortfalls. The program's advocates argue that it assists many who are not served by the private sector and is an important source of capital and training assistance for low-income, women, and minority business owners. e Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which, among other provisions, appropriated $17 billion to pay the principal, interest, and any associated fees that are owed on an existing 7(a), 504/CDC, or Microloan that is in a regular servicing status for a six-month period starting on the next payment due date. the Microloan program's estimated borrower default rate is about 7%. Microloans in FY2020 were most commonly used for working capital (80.3%), equipment (20.5%), materials (12.0%). Critics of the SBA's Microloan program argue that it is duplicative of other available programs, expensive relative to alternative programs, and subject to administrative shortfalls. The program's advocates argue that it provides assistance that “reaches many who otherwise would not be served. Also, it is expensive relative to other SBA programs, with total administrative costs of about $7,517 per small business assisted in FY2019, compared to $1,986 per small business assisted in the SBA's 7(a) loan guarantee program. 2017, the SBA's Office of Inspector General (OIG) released an audit of the SBA's administration of the Microloan program: (1) SBA's oversight poor - didn't watch how funds were spent unless loan defaulted; inadequate program staffing; 12% default rate; duplicate loans and those in excess of upper loan limits; and no measurement of output performance. 2019, GAO examined the Microloan program and recommended that the SBA: Better advanced planning to determine what data is needed to evaluate performance; Define terms and instructions are comprehensive enough to collect data; develop performance targets; and consider interagency collaboration and information sharing. Four SBA OIG recommendations: (1) continue efforts to improve the information system to include outcome-based performance measurements and ensure the data captured can be used to effectively monitor the Microloan Program compliance, performance, and integrity; (2) develop and implement a site visit plan to comprehensively monitor microloan portfolio performance and ensure program results can be evaluated program-wide; (3) update the Microloan program's SOP 52 00 A to clarify requirements regarding evidence for use of proceeds and credit elsewhere; and (4) update the microloan reporting system manual to reflect current technology capabilities. Source: Small Business Administration Microloan Program

Egypt's BoP recorded an overall surplus of USD1.9 billion in FY2020/21, compared to a deficit of USD8.6 billion last FYCurrent account deficit surged to USD18.4 billion, up from USD11.2 billion (+64% YoY)Trade deficit widened from USD36.5 billion in FY2019/20 (+15% YoY)Tourism revenues recorded USD4.9 billion in FY2020/21Net FDI recorded USD5.2 billion in FY2020/21 Remittances hit USD31.2 billion in FY2020/21Foreign portfolio investments saw a net inflow of USD18.7 billion in FY2020/21Egypt external debt jumped to USD137.8 billion in June 2021 (+11.6% YoY increase)Egypt's inclusion in JPMorgan's emerging-market sovereign bond index could inject a total of USD1 billion into government treasuriesEl Sisi has called for a modernized, digitized ration card program (e-finance)Today is the last day of the e-finance retail subscription period.We upgrade our valuation for EKHO to USD2.03/share (up from USD1.61/share) or EGP31.95/share (up from EGP25.34; EKHO is trading at 2021e P/E of 8.6x and 2022f P/E of 7.7xBrent hits a three-year high with Brent futures at USD84.80/bbl (AMOC)Aluminum prices hit a record USD3,171/tonne (EGAL)OCDI signed a EGP1.57 billion long-term facility Land prices in touristic destinations range from USD54/sqm to USD60/sqm; ElGouna prices at c.USD160/sqmRussia will lift Covid restrictions on flights to Sharm El Sheikh and Hurghada starting 9 NovemberETRS decided not to proceed with the offer made by H.A Utilities Holding ETRS BoD agreed on a new land purchase for the establishment a new subsidiary for cars storage in El Ain El Sokhna, with paid in capital at USD1 ; ETRS is currently trading at an annualized 2021 P/E of 32.9xThe House of Representatives looking at new legislation to give local auto manufacturers more incentives and tax and custom exemptions (AUTO)EXPA witnessed a reduction in NPL ratio from 6.8% to a current 2.5%COMI is studying to manage a bond securitization worth EGP600 million Suez Canal Bank agreed to grant EGP400 million of financing Health Ministry raised the cost of obtaining a QR-coded vaccine certificate for travel purposesEgypt received another 1.6 mn Pfizer vaccines doses.Egypt's production of wheat increased by 6.2%, recording 9.1 million tons during 2019/2020 

Sharon Lawrence joined the staff of California CASA in November 2017, and in the period since, has seen the organization grow significantly, from $780,000 when she arrived, to $1.9 million in FY2019-2020. During her tenure, she has been able to secure more than $5 million annually for distribution to the local CASA network through VOCA. In the past year, California CASA has had to pivot from program growth to helping the network deal with COVID-19 and the economic and health crises that have gripped California and the nation over twelve months. We talk about those, and other realities of the foster youth system. For 20 years, from 1997 to 2017, Sharon Lawrence served as President/CEO of Voices for Children, the Court Appointed Special Advocate program for San Diego and Riverside Counties. She is a member of the California Child Welfare Council and the Family and Juvenile Law Advisory Committee to the California Judicial Council. Sharon received her Bachelor’s degree in Psychology, Speech Communications, and Political Science from the University of Denver in 1985 and her law degree from the University of Texas in 1988, where she served as a student attorney for the Children’s Rights Clinic and managing editor of the Texas International Law Journal. For more information go to http://arcaandassociates.com/ © 2021 Philip Arca

In today’s Patreon-fueled shout-out, supporter Lonnie Murray wants you to know about a series of seminars on spring and fall landscaping with native plants. Plant Virginia Natives has held four of these already, but the next one is coming up on April 20 with Beth Mizell of Blue Ridge Prism on how to identify and eradicate invasive plants in Virginia. On today’s show: A review of Charlottesville City Council’s meeting from this past Monday, including a first reading of the budget and a discussion of performance metrics Council also adds the Starr Hill Vision Plan to the 2013 Comprehensive Plan as part of the appendix The eastern entrance to the Blue Ridge Tunnel will close for repairs to the parking lot beginning this Monday The University of Virginia will live-stream the dedication of the Memorial to Enslaved Workers Saturday morningThe bulk of today’s show deals with the Charlottesville City Council meeting from Monday, April 5. But before we get to that, here’s a few quicker stories. The unemployment rate in the Charlottesville Metropolitan Statistical Area (MSA) dropped to 4.8 percent February, down from 5.1 percent in January. That’s according to data released Wednesday by the Virginia Employment Commission. Statewide the rate in February was 5.4 percent, down from 5.7 percent in January. The unemployment rate in February 2020 was 2.1 percent in the Charlottesville MSA and 2.5 percent statewide.  Over in the Shenandoah Valley, the Staunton-Waynesboro MSA has an unemployment rate of 4.6 in February, down from 4.8 in 4.8 in January. In February 2020, those communities had an unemployment rate of 2.2 percent. Source: Virginia Employment CommissionTomorrow morning at 11 a.m., the University of Virginia will hold a ceremony to formally dedicate the Memorial to Enslaved Laborers, which was completed last year but the pandemic prevented a public dedication. There are at least 4,000 people who built and maintained the University of Virginia from 1819 until Liberation Day in 1865. The event will be live-streamed. (UVA Today article)Tonight at 6 p.m., a group called the Descendants of Enslaved Communities at the University of Virginia will have its public launch on a virtual event that begins at 6 p.m. Speakers will be Dr. Andrea Douglass of the Jefferson School African American Heritage Center, Dr. Jody Allen of The Lemon Project at William and Mary, and Dr. Michael Blakey of the Montpelier Descendant Committee.  Registration is limited. (Descendant’s Day event)*The eastern parking lot of the Blue Ridge Tunnel in Nelson County will be closed for at least three weeks beginning Monday, April 12 so that it can be expanded. The director of the Nelson County Parks and Recreation department sent out an email stating that barriers will be placed on Afton Depot Lane and people will be stationed outside to direct people to the western trailhead which is in Waynesboro. Traffic congestion, over-parking, and litter have been issues on the eastern side since it opened last November. (more information) The view last November shortly after the tunnel opened for pedestrian passage (Credit: Victoria Dunham)The rest of this newsletter is dedicated to the Charlottesville City Council meeting from Monday, April 5. Let’s just go through it, more or less in order. As reported elsewhere, the Charlottesville School Board has entered into a $1.47 million contract with architectural firm VMDO to conduct design services for the reconfiguration of the city’s middle schools. VMDO has also been hired to put together growth and capacity scenarios for the entire school system. Source: December 19, 2018 Charlottesville School Board budget presentationThe capital budget before the City Council includes a placeholder of $50 million for the project, but more detailed analysis will yield a more accurate cost estimate. “The initial analysis of the existing buildings of the schools, the two buildings being Buford Middle School and Walker Upper Elementary School, have been completed including building envelope assessments, general building condition analysis, a building 3D digital modeling, and site survey,” Boyles said. A kick-off meeting will be held next week and community engagement will begin in early May. “An initial assessment of the findings are due back in June,” Boyles said. “While these will be preliminary and an initial assessment, it will begin to start giving feedback and data to the City Council and the Charlottesville School Board.” This week, several housing advocacy groups asked Council to help cover the legal costs of preventing evictions. The entire nation is currently under a moratorium imposed by the Centers for Disease Control that has now been extended to June 30, and groups are concerned that tenants will face renewed pressures once it is lifted. Boyles said Council has provided direction at work sessions this spring to provide resources. (CDC order)“We have engaged discussions with the Legal Aid Justice Center,” Boyles said. “They have presented some ideas of how this could move forward. At this point our recommendation is to utilize the American Recovery Plan funds that the city should be receiving.” Boyles said one possibility is for a two-year agreement between the Legal Aid Justice Center and the city. A community outreach person would be funded as part of this arrangement. “I do believe that the right direction to go is with contracting with someone like Legal Aid Justice Center and they have begun to work up what the cost estimates would be as soon as the American Recovery Funds are available, we can present that to Council for approval,” Boyles said. Virginia is also continuing to offer a rent relief program related to the pandemic. Councilor Lloyd Snook noted that many in Albemarle County had asked Council to increase funding for eviction prevention and to push for policies to protect tenants’ rights. “I would hope that there would be also be conversations with Albemarle County just as they are having with the city of Charlottesville,” Snook said. “I’ve been interested to note that roughly half of the letters that we have received in the last few days imploring the city to do something have been from county residents. And I’ve asked some of them if they’ve sent a comparable letter to the Board of Supervisors.” Boyles said he has already reached out to Albemarle to begin the conversations of working together. I put the question to Emily Kilroy, the county’s Director of Communications and Public Engagement. She said Albemarle does not have a specific eviction prevention program, but does fund Legal Aid Justice Center and Piedmont Housing Alliance to provide direct services.“Over the course of the pandemic, the Emergency Financial Assistance Program that the County is sponsoring through United Way has provided funds for rent, including referrals from the General District Court related to eviction petitions,” Kilroy said in an email. “The Housing Choice Voucher program has been able to increase subsidy payments to owners on behalf of our participants who may have lost their income during COVID and have done so, on several occasions.Later in the meeting, Council held a public hearing on the budget for FY22 which so far does not include any funding from the American Recovery Plan because staff wants to have a full sense of restrictions that may come with the money. However, Boyles said one of the first uses will be to fill the revenue shortfalls from FY21. Staff have been working to close a multimillion dollar budget gap. “While revenue projections are improving for FY21, we still estimate a $9.2 revenue loss for fiscal year 21,” Boyles said. Final budget adoption is scheduled for April 13. After that, Boyles is hoping to relaunch the city’s strategic planning process in order to inform future budgets. The current strategic plan was adopted in June 2017 and no one is left on Council from that time. “My vision is that as soon as we get through with this budget process, then we begin a strategic planning process that will start to lead us toward the FY23 budget,” Boyles said. A strategic plan is not to be confused with the Comprehensive Plan, which is a document intended to direct the development of land and public infrastructure. The strategic plan is intended to create policy objectives which then direct the work of the city’s employees as well as what the city chooses to fund. Mayor Nikuyah Walker said one of her main objectives is to ensure city funding for non-profits is tied to performance. “One of the major points that came out of the task force or working group meeting I convened or whatever we called it was to figure out how to get citizens input directly and not just have nonprofits be able to say that X people of number participated and thereby just by participating they get the dollars that there are allocated,” Walker said.For many years, Albemarle and Charlottesville participated in something called the Agency Budget Review Team in which a sixteen member team evaluated requests jointly.However, Council opted to go its own way beginning with the development of the FY21 budget in favor of something the Vibrant Community Fund. In her comments above, Walker was referring to the Measurement and Solutions Group which had been intended to meet to “identify appropriate measurements, benchmarks, solutions and metrics for the designated priority areas for use in The Vibrant Community Funding process.” Those priority areas are “Jobs/Wages, Affordable Housing, Public Health Care, and Education.” However, that process has been delayed by the pandemic. Boyles said the process would be improved for the next fiscal year.“For FY23 we want to come up with a means to be able to identify some of our nonprofit and community stakeholders and partners that will become more of a line item within the budget so that even though it is an annual basis, it be a little bit more definitive for them to know they’re going to get a funding of a certain amount every year,” Boyles said. A work session on the process going into the next fiscal year will be held in May.You’re listening to Charlottesville Community Engagement. What do you know about rock music? Want to put it to the test? Join WTJU virtually on April 16 for their first-ever Trivia Night at 8 p.m. Join a team in the virtual pub and put your screens together to answer rounds of questions with themes that relate to rock, radio, and local lore. There will be merriment! There will be prizes! Trivia Night is just three days before the beginning of the rock marathon, a seven-day extravaganza to help fund the station. Visit wtju.net to learn more!The entire plan can be downloaded from the New Hill Development Corporation's website (download) Council next took up the adoption of the Starr Hill Vision Plan to the City’s Comprehensive Plan. In November 2018, Council used $500,000 from its Equity Fund to pay the nonprofit New Hill Development Corporation to create a small area plan. Alex Ikefuna is the deputy director of the Neighborhood Development Services department.“Planning Commission and staff worked together,” Ikefuna said. “Originally it was a small area plan that because of the contents and the efficiencies in the land use it was agreed with the consultant that it would be submitted to the Planning Commission and subsequently to the City Council as a vision plan,” Ikefuna said. Yolunda Harrell is with New Hill Development Corporation, which was formed following conversations that began in July 2017 with former Councilors Wes Bellamy and Kathy Galvin. “This plan intentionally centers the Black community, not to the exclusion of others, but rather to the intentional inclusion of us,” Harrell said. “This plan specifically looks at opportunities to increase the street-level presence of sustainable, well-capitalized, existing and start-up Black-owned businesses.” Harrell said part of the work going forward will involved providing gap money to finance entrepreneurial efforts. From the land use perspective, the idea is to create multiple types of housing so as to cover different affordability ranges. “Whether you are a first-time homebuyer, a voucher-holder, or someone looking for the next phase of housing along their financial growth path, in this plan we have demonstrated how those opportunities can and will exist,” Harrell said. Harrell said the plan would build off of the work the Jefferson School African American Heritage Center has done to curate local Black history. The Jefferson School received $450,000 from the city’s Strategic Initiatives fund in FY2018 and another $500,000 in FY2019. “This plan also speaks to the need for gathering spaces where folks can connect or just simply be,” Harrell said. “Where they can be empowered to congregate and co-create, build and own, and innovate and learn.” Harrell said the 10.4 acre City Yard property offers the best chance to create new housing. Currently the city’s public works department is located in the space. City Council agreed to fund a $300,000 environmental remediation plan in FY20. Ikefuna said that money has not yet been spent. “While City Yard represents a genuine opportunity for new affordable housing as part of a mixed-use development, Starr Hill’s existing residential neighborhood must be sustained and strengthened,” Harrell said. Harrell said the plan offers suggestions on what could happen immediately. “Which is, creating housing on Brown Street, thus shoring up and strengthening the integrity of the existing residential neighborhood,” Harrell said. “This can be done while we explore other opportunities in the larger plan.”Looking west on Brown Street, April 8, 2021 (Credit: Sean Tubbs)Brown Street runs east-west between Cream Street and 5th Street NW and most of the parcels on the northern side are vacant. The city’s property records indicate there are 14 landowners on the street. In addition to the City Yard, the City of Charlottesville owns a 0.13 acre vacant lot at 609 Brown Street. Harrell suggested these properties could be be subdivided to create between 10 and 46 new residential units, including homeownership opportunities to first-time home buyers.  As for the greater City Yard, Harrell said the vision could yield many more places to live.“If we just look for a moment at the proposed vision, our city could gain upwards of 250 additional housing units not to mention the additional office and retail space to support the presence of Main Street, Black-owned businesses which can significantly change the social fabric of our community,” Harrell said. Source: New Hill Development CorporationThe plan also calls for the identification of 50 parking spaces for First Baptist Church on West Main Street, which Harrell said will eventually lose 50 spaces when the Amtrak parking lot is eventually redeveloped. There are no plans for that now, but Harrell said the Starr Hill Vision Plan identified that need for the future. But the main idea is to reconnect the city after decades of fragmentation using new infrastructure.“There is an important opportunity to restore and strengthen the connections between Starr Hill to a broader network of neighborhoods from Westhaven, 10th and Page, and Rose Hill to the Downtown Mall,” Harrell said. Councilor Lloyd Snook said he was interested to come up with a future for the City Yard, but had some concerns about adding this specific vision to the Comprehensive Plan.“A Comprehensive Plan, it seems to me, needs to be more than just here’s a possibility,” Snook said. “It has to be ‘we’ve made a decision that this is the possibility not just a possibility.’”Snook said the visioning work was a start, but the city is in the middle of a Comprehensive Plan process through the Cville Plans Together initiative. “I’m not sure we’re there yet,” Snook said. “I think you’ve given us a great start for a lot of discussions that we need to be having.”Harrell said they have met with the Cville Plans Together consultants, Rhodeside & Harwell, and have updated them on the plan.“They are just waiting for this plan to be adopted so that they can then roll it up into consideration of the overall plan,” Harrell said. “We did make suggestions on what zoning should happen and what ways the land could be used.”  Ikefuna said the Starr Hill Vision Plan did not have enough land use analysis and the level of detail required for a small area plan. “However, it has several contents such as housing, economic development, and placemaking part of which is the connectivity concept which Yolunda alluded to in her presentationFor City Yard to be developed, City Council would need to approve a plan to move Public Works elsewhere and there is no estimate for how much that would cost the city. But redevelopment would begin with remediation.“I don’t think you can reuse that site without remediation,” Ikefuna said. “Maybe the areas around Brown Street could be carved out and developed. It has a good potential for development for housing. But in terms of redevelopment of City Yard, there has to be remediation.” Harrell said the vision plan addresses remediation. The plan suggests the city consider enrolling in the Virginia Department of Environmental Quality’s Voluntary Remediation Program which can lead to grants to pay for clean-up efforts. The plan also lists previous efforts to document contamination at the site and noted that remediation may have a preliminary cost estimate of $3.4 million. Harrell said that the plan has taken previous studies into consideration and designates commercial uses in areas that might need remediation. Council voted unanimously to approve a motion to add the Starr Hill Vision Plan to the appendix of 2013 Comprehensive Plan, the same way that the Cherry Avenue Small Area Plan and the Hydraulic Area Plan were added. (see all approved city plans)That’s still not all from the Council meeting. I’ve clipped out audio for potential future segments on the 4-1 vote for an amendment of the special use permit for new apartments on Harris Street, action on changes to City Council rules related to expenditures of funds, and a presentation on the latest version of the Orange Dot Report from Piedmont Virginia Community College’s Division of Community Self-Sufficiency Programs. This is a public episode. Get access to private episodes at communityengagement.substack.com/subscribe

We dive into the history behind Meituan, the juggernaut Chinese "super-app" which dominates China's services economy, offering consumers everything from food delivery, restaurant reviews, travel booking, bike-sharing, movie ticketing, and countless other entertainment and lifestyle services all at the touch of a button. Already China's 3rd largest tech company by market cap (behind just Tencent and Alibaba), Meituan did $15 billion in net revenue in FY2019 and continues to grow rapidly. What makes it so special, and how were they able to become the market leader in such a competitive space? This story is packed with lessons that apply equally beyond China tech to high-growth company building and investing everywhere. If you love Acquired and want more, join our LP Community for access to over 50 LP-only episodes, monthly Zoom calls, and live access for big events like emergency pods and book club discussions with authors. We can't wait to see you there. Join here at: https://acquired.fm/lp/ Sponsors: Thanks to Tiny for being our presenting sponsor for all of Acquired Season 8. Tiny is building the "Berkshire Hathaway of the internet" — if you own a wonderful internet business that you want to sell, or know someone who does, you should get in touch with them. Unlike traditional buyers, they commit to quick, simple diligence, a 30-day or less process, and will leave your business to do its thing for the long term. You can learn more about Tiny here: http://bit.ly/acquiredtiny Thank you as well to Vouch and to Capchase. You can learn more about them at: https://bit.ly/acquired-vouch http://bit.ly/acquiredcapchase The Meituan Playbook: (also available on our website at https://www.acquired.fm/episodes/meituan ) 1. Adding product offerings (post initial product-market fit) isn't losing focus. It's smart business. A huge part of Meituan's success and longterm defensibility versus its literally thousands of past competitors is its ability to cross-sell customers across many different product lines. Meituan can afford to spend much more on acquiring and retaining a new user who'll end up purchasing food delivery, groceries, hotels, travel and more through the platform vs. standalone competitors in each vertical. Most western companies woefully misunderstand this dynamic. (Amazon being a notable exception) Meituan enjoys an average of 26 transactions per user per year (vs e.g. Airbnb users which book an average of 0.5 transactions/year). With each additional offering, Meituan increases the number of revenue streams it can amortize its CAC over, while also offering superior experiences to customers. Key to making this strategy work is having the discipline to follow the same playbook as any startup: launch new initiatives quickly, test and improve based on real customer feedback, don't let perfect be the enemy of shipped, and kill what's not working and move on. Meituan and Amazon's new initiatives often lack polish — but they either quickly bring in $billions of revenue, or they die and the company goes on to the next one. Again with few exceptions, western tech companies completely misunderstand how to execute this playbook effectively. 2. When you spot a market that's both large and growing fast — ride that wave!! Chinese e-commerce was a 20% saturation industry in 2017 and still growing nicely. However real world services was only 5% online, and poised to grow even faster. Staying nimble to capitalize on this online to offline (or "O2O") trend allowed Meituan to accelerate while Alibaba was caught flat-footed. Today Meituan (along with its fellow Tencent portfolio company Pinduoduo) represents probably the biggest threat Alibaba has faced in its entire history. 3. Many still don't realize what a powerful moat (trusted) reviews provide in online platforms. Once it merged with Dianping, review data became Meituan's biggest competitive advantage vs other food delivery (and other product line) competitors. A deep database of reviews creates an incredible barrier to entry: any competitor can standup a set of listings, but without trusted reviews those listings are just "flat". This same dynamic helped Airbnb successfully defend against European clones early in its life. 4. Old news, but always worth repeating: the days of China simply cloning American tech companies are long gone. Today it's China, not the US, that's leading innovation on mobile and the internet more broadly across many categories. Ironically, Meituan's founder Wang Xing started his career as perhaps China's top Web 2.0 company cloner, and Meituan itself began as a Groupon knockoff. But to say the the tables have turned today is a massiveunderstatement, haha. 5. Meituan capitalized on the secular trend of China's growing middle class and mobile-first economy. Meituan's growth followed the growth of China's middle class. They were able to capitalize on the emergence of Tier 2 and 3 cities that provided newly addressable populations. Meituan was smart to pay attention to these non-Tier 1 cities from the very beginning. Founder Wang Xing realized that smaller cities where people were beginning to access the internet via mobile phones and internet cafes were a good fit for their initial group-discount platform. Links: Meituan's English language walkthrough video: https://www.youtube.com/watch?v=5wxgQVjDviQ The Tech Buzz China podcast: https://www.techbuzzchina.com GGV's Evolving for the Next Billion podcast: https://nextbn.ggvc.com/podcasts/ Bernard Leong's Analyse Asia: https://analyse.asia Carve Outs: Extraterrestrial: https://www.amazon.com/Extraterrestrial-First-Intelligent-Beyond-Earth-ebook/dp/B081TTY4NX/ John Luttig's newsletter: https://luttig.substack.com Episode Sources: Episode 258: Meituan Dianping with Liza Lin - Analyse Asia http://meituan.todayir.com/attachment/20180907112826231236667_en.pdf http://meituan.todayir.com/attachment/2020041708160280279238680_en.pdf http://www.yawenlei.com/uploads/4/4/3/4/44340649/asr_lei.pdf http://www.yourtechstory.com/2019/04/06/wang-xing-chinese-billionaire-businessman-founder-meituan/ https://about.meituan.com/en https://analyse.asia/2018/07/28/episode-258-meituan-dianping-with-liza-lin/ https://archive.org/details/aisuperpowerschi0000leek/page/22/mode/2up https://chinatechinvestor.simplecast.com/episodes/43-alibaba-has-a-meituan-problem-can-they-solve-it-with-11-billion-nTvmG0A5 https://cn.reuters.com/article/instant-article/idUKTRE7433HI20110504 https://daxueconsulting.com/o2o-food-delivery-market-in-china/ https://en.wikipedia.org/wiki/Ele.me https://en.wikipedia.org/wiki/Meituan https://en.wikipedia.org/wiki/Wang_Xing https://medium.com/@Loisinbeijing/online-food-delivery-market-in-china-and-why-ele-me-is-losing-the-food-delivery-wars-17ef912d8f53 https://money.cnn.com/2018/09/20/technology/meituan-dianping-ipo/index.html https://nextbn.ggvc.com/opinions/meituan-dianpings-path-towards-profitability/ https://nextbn.ggvc.com/podcast/s1-ep-5-tao-zhang-of-dianping-on-merging-with-meituan-groupon/ https://secure.fundsupermart.com/fsm/article/view/rcms202620/meituan-dianping-the-unicorn-that-might-one-day-become-china-s-next-ten-bagger https://secure.fundsupermart.com/fsm/article/view/rcms204700/meituan-dianping-the-undisputed-king-of-china-s-45-billion-dollar-online-food-delivery-industry https://seekingalpha.com/instablog/49925729-dongtalk/5288005-three-campaigns-of-meituan-dianping-in-2018 https://techcrunch.com/2015/01/19/meituan-700m/?_ga=2.56564267.1010056541.1614018328-150822071.1609868284 https://techcrunch.com/2015/06/30/baidu-offline-to-online-20-billion-cny/?_ga=2.59578797.1010056541.1614018328-150822071.1609868284 https://techcrunch.com/2015/10/08/meituan-and-dianping-chinas-top-group-deals-sites-merge-in-multi-billion-dollar-deal/ https://thehustle.co/01272021-bytedance-valuation/#:~:text=ByteDance is currently valued at,%24800B) https://venturebeat.com/2008/05/26/chinese-local-review-site-dianping-a-lot-more-than-a-yelp-for-china/ https://web.archive.org/web/20170615042020/http://www.fox14tv.com/story/35003690/meituan-dianping-becomes-the-first-worldwide-on-demand-delivery-platform-to-process-more-than-10-million-orders-and-deliveries-per-day https://www.caixinglobal.com/2017-02-22/video-of-brawling-deliverymen-sets-chinese-internet-abuzz-101057682.html https://www.forbes.com/global/2011/0509/companies-wang-xing-china-groupon-friendster-cloner.html?sh=517b2d5955a6 https://www.ft.com/content/05686da9-60f8-4a3a-a5c5-95155bd01ffe https://www.marketwatch.com/story/alibaba-raises-11-billion-in-hong-kong-secondary-listing-2019-11-20 https://www.statista.com/statistics/1155778/china-number-of-wechat-mini-program-daily-active-users/ https://www.techbuzzchina.com/episodes/ep-10-meituan-the-super-app-that-won-against-a-thousand-clones https://www.techbuzzchina.com/episodes/ep-25-the-o2o-local-services-war-alibaba-vs-meituan-part-1-eleme https://www.techbuzzchina.com/episodes/ep-26-the-o2o-local-services-war-alibaba-vs-meituan-part-2-koubei https://www.techinasia.com/5000-group-buy-sites-in-china-but-no-ones-making-money https://www.techinasia.com/china-online-food-ordering-startup-eleme-raises-80-million-dollars https://www.techinasia.com/chinas-successful-founders-afraid-copycat https://www.theworldofchinese.com/2017/08/wheel-life-china-the-fast-and-the-furious/ https://www.wsj.com/articles/BL-MBB-58175 https://www.wsj.com/articles/chinas-dianping-valued-at-4-billion-1427962959 https://www.wsj.com/articles/chinas-meituan-dianping-files-for-ipo-reveals-loss-of-nearly-3-billion-in-2017-1529895226 https://www.wsj.com/articles/chinas-meituan-dianping-raises-3-3-billion-in-biggest-startup-round-ever-1453211614?mod=article_inline https://www.wsj.com/articles/chinese-app-meituan-raises-4-2-billion-in-ipo-1536819691 https://www.wsj.com/articles/chinese-startups-meituan-com-and-dianping-near-multibillion-dollar-merger-1444188561 https://www.wsj.com/articles/investors-gain-billions-from-chinese-tech-ipo-1538041120 https://www.wsj.com/articles/investors-including-tencent-priceline-pump-4-billion-into-online-lifestyle-platform-1508413127 https://www.wsj.com/articles/offering-discounts-and-delivery-meituan-wants-to-become-chinas-next-internet-giant-1529578801 https://www.youtube.com/watch?v=5wxgQVjDviQ https://www.youtube.com/watch?v=ruyCPdUz1J0 https://youtu.be/IgDeiGpmXaQ https://youtu.be/z9NI-UAZDvw

How did ATA do in 2020? In Episode 52, ATA President Ted Wozniak and President-Elect Madalena Sánchez Zampaulo tell Matt Baird, host of The ATA Podcast, how 2020 became the "year of the ATA volunteer." From membership to advocacy, from professional development to honors and awards, ATA members pulled together to make things happen for their colleagues. And both Ted and Madalena say there's a lot more to come in 2021! ATA Letter to CDC: Interpreters Need the Vaccine • ATA Members Report How Their Work Changed in 2020 • 5 Reasons to Join ATA • Check Out the New ATA Website • ATA62 Call for Proposals • ATA Webinars • ATA Virtual School Outreach • COVID-19 Best Practices for Interpreters • The ATA Podcast • Free Monthly Webinars • ATA Honors and Awards • ITD 2020 • Changes in ATA Continuing Education Requirements • ATA and California Assembly Bill 5 • Treasurer's Annual Report for FY2019-2020

This episode is the first in a series of Have You Herd? podcasts discussing the publication in Zoonoses and Public Health published in November 2020. We are joined by Dr. Mike Apley to discuss this project that looked at possibilities of how we might collect antimicrobial use data. This project was a collaboration between the researchers, FDA and USDA. We discuss the nuances and pitfalls of the FDA sales and distribution data and how use data can be a valuable tool for monitoring antimicrobial stewardship, however there are nuances with various use reporting metrics. Dr. Apley describes that all use reporting metrics have nuances and flaws. Quantifying the disease events that result in antimicrobial use is important in an overall stewardship program. He discusses the Standardized Regimen format that was developed to describe antimicrobial use in this paper. You can find the publication at this link. The latest FDA Sales and Distribution report covering FY2019 is available at this link.

In this episode of Why Not Mint Money we will explain the reason why the tax refunds for FY2019-20 are delayed. 

Music City gets a new music film as Nashville icons perform with priceless memorabilia. There’s a suburb of Nashville that just had $2B invested into it. Today we’ll also take a look at some Nashville’s numbers from fiscal year 2019-20 to see what were the positives during such a devastating season.Become a subscriber! Visit us at https://www.patreon.com/nashvilledailyTEXT US: 615-392-1358Today's Sponsor: Screened ThreadsUse the Code "NashvilleDaily" for 10% off online and in-storehttps://screenedthreads.com/EventsRescheduled Eventshttp://nashvilleguru.com/nashville-eventsChihuly at Cheekwood | Cheekwood | Sat. July 18th - January 10th 2021https://cheekwood.org/calendar/chihuly-at-cheekwood/Cheekwood Harvest | Cheekwood | Sat. Sep 19th - Nov. 1st https://cheekwood.org/calendar/cheekwood-harvest/Boo At The Zoo | Nashville Zoo | Oct. 15-18th, 20-25th, 27-30th @ 5:00 pm https://www.nashvillezoo.org/booNash NewsNashville COVID-19 Responsehttps://www.asafenashville.org/roadmap-for-reopening-nashville/On 'BIG Night at the Museum,' country music's precious artifacts get to sing againhttps://www.tennessean.com/story/entertainment/music/2020/10/25/big-night-museum-country-musics-most-precious-artifacts-get-sing-again/3729250001/youtube.com/countrymusichofGM to invest $2 billion in Spring Hill plant to build electric vehicleshttps://www.newschannel5.com/news/gm-expected-to-announce-electric-vehicle-for-spring-hill-plantBAND TOGETHERhttps://www.visitmusiccity.com/sites/www/files/2020-09/FY2019_2020-CVC_AnnualReport.pdf?utm_source=newsletter&utm_medium=email&utm_content=View%20the%20Annual%20Report&utm_campaign=AnnualReport1920Local Artist Feature - Kirstie Kraus Silverhttps://open.spotify.com/artist/52AOYp2tdqCd2iUHpa5Pex?si=fNcZMwMSQzm6wbgzIUFqVwhttps://www.kirstiekraus.com/Nashville Daily Artist of the Day Playlisthttps://open.spotify.com/playlist/51eNcUWPg7qtj8KECrbuwx?si=nEfxeOgmTv6rFUyhVUJY9AFollow us @ XPLR NASHWebsite -  https://nashvilledailypodcast.com/YouTube Channel - https://www.youtube.com/c/xplrnashInstagram - https://www.instagram.com/xplr.nash/Twiter - https://twitter.com/xplr_nashNASHVILLE & XPLR MERCH - http://bit.ly/nashville_merchMedia and other inquiries please email hello@xplr.lifeArtists can submit songs to be featured here https://forms.gle/mtkxUCFds7g9e2466

Loretta Lynn makes a permanent mark at the Ryman Auditorium. Nashville’s visitor’s corporation is down 50 percent for their budget for the next fiscal year, but remain optimistic. Plus, we bring you a great Daycation out of Nashville for almost anytime of the year.Become a subscriber! Visit us at https://www.patreon.com/nashvilledailyTEXT US: 615-392-1358Today's Sponsor: Screened ThreadsUse the Code "NashvilleDaily" for 10% off online and in-storehttps://screenedthreads.com/EventsRescheduled Eventshttp://nashvilleguru.com/nashville-eventsChihuly at Cheekwood | Cheekwood | Sat. July 18th - January 10th 2021https://cheekwood.org/calendar/chihuly-at-cheekwood/Cheekwood Harvest | Cheekwood | Sat. Sep 19th - Nov. 1st https://cheekwood.org/calendar/cheekwood-harvest/Boo At The Zoo | Nashville Zoo | Oct. 15-18th, 20-25th, 27-30th @ 5:00 pm https://www.nashvillezoo.org/booNash NewsNashville COVID-19 Responsehttps://www.asafenashville.org/roadmap-for-reopening-nashville/Loretta Lynn statue unveiled at Ryman Auditoriumhttps://www.newschannel5.com/news/loretta-lynn-statue-unveiled-at-ryman-auditoriumNashville CVC reports 50% lower budget for new fiscal year, remains optimistic for recoveryhttps://www.newschannel5.com/rebound/nashville-cvc-reports-50-lower-budget-for-new-fiscal-year-remains-optimistic-for-recoveryhttps://www.visitmusiccity.com/sites/www/files/2020-09/FY2019_2020-CVC_AnnualReport.pdf?utm_source=newsletter&utm_medium=email&utm_content=View%20the%20Annual%20Report&utm_campaign=AnnualReport1920Daycation To Fall Creek Fallshttps://tnstateparks.com/parks/fall-creek-fallsLocal Artist Feature - Fain SprayNothing Compares 2 Uhttps://open.spotify.com/artist/4ewt5hOxp2p2WmYgG0iczE?si=BiWM_p0hSHGn94Dv1U5ynghttps://www.facebook.com/fainspraymusicNashville Daily Artist of the Day Playlisthttps://open.spotify.com/playlist/51eNcUWPg7qtj8KECrbuwx?si=nEfxeOgmTv6rFUyhVUJY9AFollow us @ XPLR NASHWebsite -  https://nashvilledailypodcast.com/YouTube Channel - https://www.youtube.com/c/xplrnashInstagram - https://www.instagram.com/xplr.nash/Twiter - https://twitter.com/xplr_nashNASHVILLE & XPLR MERCH - http://bit.ly/nashville_merchMedia and other inquiries please email hello@xplr.lifeArtists can submit songs to be featured here https://forms.gle/mtkxUCFds7g9e2466

(Wentworth, NC) - Audio of the October 5, 2020 meeting of the Rockingham County Board of Commissioners. The meeting was held at the Rockingham County Governmental Center.AGENDA1. MEETING CALLED TO ORDER BY CHAIRMAN RICHARDSON2. INVOCATION - CHRIS BURNS, DRAPER PENTECOSTAL HOLINESS, EDEN3. PLEDGE OF ALLEGIANCE - COMMISSIONER HALL4. APPROVAL OF OCTOBER 5, 2020 AGENDA5. RECOGNITIONS -A) MR. PAUL PREWITTOrder of the Long Leaf Pine AwardB) MR. RILEY RANKINOrder of the Long Leaf Pine Award6. CONSENT AGENDA (Consent items as follows will be adopted with a single motion, second and vote, unless a request for removal from the Consent Agenda is heard from a Commissioner)A) Jennifer H. Woods, Clerk to the Board -Approval - September 21, 2020 Regular MeetingB) Pat Galloway, Director of Financial Services1. Approval- Appropriate $500,000 General Assembly Grant awarded to the Rockingham County Shiloh Airport for airport improvements. They plan to construct a new T-Hangar to allow for additional based aircraft to locate at the airport. Any funds remaining will be used towards debt service of previously constructed hangars.2. Approval- Appropriate $2,500 in USDA Voluntary National Retail Food Regulatory Program Standards Grant revenue received by Environmental Health after completing the 2nd Self-Assessment that is part of the Retail Standards Grant Program that EH participated in during 2014 and 2015.3. Approval- Appropriate $15,000 Homeland Security Grant awarded to Rockingham County Emergency Management for the purchase of a Mobile Equipment Response Trailer, which is made up of cones and barricades to be deployed on a moment notice to close roads and highways. No local match required.4. Approval- Appropriate CARES Act Uninsured Relief Funds that were received in FY2019-20. The funds were appropriated by Congress to reimburse eligible health care providers for health care related expenses or lost revenues attributed to coronavirus. EMS is requesting to use a portion of the funds to purchase certain equipment & supplies that will assist in their response during the pandemic.C) Mark McClintock, Tax AdministratorApproval - Tax Refunds thru September 22, 2020D) Rodney Stewart, RCEMS Operations SupervisorApproval- EMS Financial Statement for August 2020E) Susan Young, Interim Public Health DirectorApproval- New Dental Clinic Fees due to client needs:• Maxillary Partial Denture Flexible Base (including any clasps, rests & teeth) $900• Mandibular Partial Denture Flexible Base (including any clasps, rests & teeth) $900F) Captain Jennifer Brown, Sheriff's Office1. Approval- Purchase of duty weapon for $1 by retiring Deputy Alan Tippett with over 20 years of service in law enforcement. A copy of his Concealed handgun Permit is attached which allows him to purchase weapons in NC. (N.C.G.S. 14-402(a))2. Approval- Purchase of duty weapon for $1 by retiring Detective Kelly Lovings with over 20 years of service in law enforcement. A copy of his Concealed handgun Permit is attached which allows him to purchase weapons in NC. (N.C.G.S. 14-402(a))G) Lance MetZler, County ManagerApproval- Request for Road Addition- Haskell Court (0.06 mile) off Gutta Percha Lane (SR 2934) in the Greensboro National Golf Course Subdivision - New Bethel TownshipH) Jason Byrd, Director of Soil & Water ConservationApproval- Reappointment to the Agricultural Advisory Board; term to expire 9/30/2023 Zach J. PetersenI) John Morris, County AttorneyConsider approval of Ordinance Adopting and Enacting New Code of Ordinances for Rockingham County and Allowing for Online Publication by Municode Corporation.7. PUBLIC COMMENT8. NEW BUSINESS9. COMMISSIONER COMMENTS10. CLOSED SESSIONPursuant to:N.C.G.S. 143-318.11 (a)(1) Approve Close Session MinutesN.C.G.S. 143-318.11 (a)(5) Negotiating Agents11. ADJOURN# # #

EP33: {Vinay Bagri, Co-founder & CEO of NiYO} On the episode we discuss Vinay's fascination with Salary Accounts, banking and its evolution and what's Neo about Niyo. We chat with Vinay Bagri, the co-founder & CEO of NiYO, a Fintech that was founded in 2016 offering a digital banking solution for salaried employees. NiYO started off by digitizing the entire payroll and benefits process for contract workers in manpower supply companies - the atypical blue collar worker who earns Rs 15,000 per month. Today NiYO has over 5k clients servicing over 2 million or 20 lakh customers via their Salary account product. — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — → Don't forget to subscribe to the Newsletter via stars.substack.com so that you can receive future podcast releases delivered to your inbox! → Full episode of the podcast is available on my YouTube Channel — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — — NiYO has continued to evolve and launched products with their banking partnerships with IDFC Bank, DCB & Yes Bank. The main product that caters to the blue collar account holders enables users carry out financial transactions including payment of bills and availing small ticket loans through the app that is available in 10 languages. NiYO has raised $49.3 million in total, including Seed a round from Prime Venture Partners, Series - A from Social Capital, and the last funding of $35 million in Series B round led by Horizons Ventures, Tencent and JS Capital LLC. They had closed FY2019-20 with a $10M turnover. Stay Safe & do share the episode! - V (@varunvummidi) Timeline: 01:25 - Intro 04:00 - Branchless Banking in India 05:40 - Evolution of digital banking 08:00 - Bankers of the 00s era 11:20 - Innovating on Salary Accounts 12:38 - What's ailing the bank? 16:15 - Regulations in Tech? 20:00 - Evolution of banks around the world 23:48 - Open Banking Vs Neo Banking 26:15 - Insight to building NiYO 30:48 - Dealing with blue collar users using Prepaid Wallets 34:15 - Growing 10x in 2 years just using referrals 38:00 - 5k clients & 2 million customers 40:40 - Partnering with banks & co-creating Products 45:30 - Monetizing 48:15 - Portfolio approach to banking 52:00 - $ 49M in capital raised & fund raising from global investors 58:36 - Creating Products for Diff customers 1:03:33 - HIRING

Majid Shafiq, CEO of i3 Energy (AIM:I3E), and CFO, Graham Heath, discuss today's follow-on deal to sell the Gain assets to Harvard Resources which will occur following the completion of the group's previously announced C$80 million reverse takeover .  The pair outlined to investors the key terms of the Gain Energy acquisition while also touching on the company's FY2019 final results and future outlook. i3 Energy's core asset is the Liberator oil field discovered by well 13/23d-8 located in License P.1987, Block 13/23d in which it has a 100% operated interest.  i3 Energy's strategy is to focus on the development of discoveries located close to existing infrastructure and the exploitation of producing fields, whilst maintaining limited exploration exposure. i3 Energy has a strong management team with a track record of delivery. Vox Markets is revolutionising the way companies engage with shareholders and the stock market at large. By aggregating IR and digital content onto one secure and compliant platform, Vox Markets has established itself as the go-to resource for the investment community. #VoxMarkets #StockMarket #LivePrices #StockMarketNews #Money #Investing #Finance #Business #Podcast https://www.voxmarkets.co.uk/

Noticias generales, aéreas y navales desde el 22 de mayo. Haremos una segunda parte con las noticias terrestres y de drones. Recordad que tenemos abierto un Patreon para apoyar el crecimiento de la comunidad: https://www.patreon.com/portierramaryaire. Tras el corte, el guión y minutado Lunes 22 de junio finalizaron el estado de alarma y la operación Balmis. 0:10:56 La crisis del Covid-19 en defensa. 0:16:32 “Nueva” directiva de defensa nacional, tras la de 2012... el mismo desastre. 0:28:21 EEUU anuncia su retirada del tratado de Cielos Abiertos por incumplimientos de Rusia 0:40:19 Choque China vs. India frontera Himalaya 0:41:42 Egipto podría firmar un megacontrato de defensa con Italia. 0:55:30 Declaración de Presidencia sobre Airbus 0:58:57 Francia inyectará 15.000 millones a su industria aeroespacial 1:06:11 Consideraciones futuro EA Eurofighter vs. F-35A 1:09:19 110 radares AESA E-Scan Mk1 para Alemania 1:21:15 El EA recibe el primer NH-90 Lobo. 1:24:32 AJEMA se plantea comprar helicópteros Sikorsky MH-60R 1:25:22 Once países OTAN lanzan el 19 de junio iniciativa para entrenamiento común 1:28:09 Rusia aún sigue planteando cambios relevantes para el Su-57 1:29:58 Rusia acordó un contrato para otros 76 Su-34 1:31:50 Comienza la fabricación del primer prototipo de PAK-DA 1:44:47 India recibe el primer Tejas FOC 1:47:23 El EA aunque retire los Hércules a finales de año 1:47:55 USAF Unveils First Test Of Arsenal Plane And New CLEAVER Munition 1:48:52 Adquirir F-35 es más barato de lo previsto (7,1%) pero operarlo saldrá más caro de lo previsto (7,8%) 1:55:17 Brasil al final sólo modernizará 14 AMX en lugar de los 43 planeados. 1:57:43 El A400M alcanza el máximo de capacidad de lanzamiento de paracaidistas 1:59:20 Sobre el FCAS 2:01:08 En un informe de pilotos de la OTAN en el Báltico 2:05:16 Tras 3 años en Rusia, regresa el primero de 42 helos Mi 171sh a Argelia 2:08:46 Nuevos helicópteros AW249 italianos armados con ATGMs Spike-ER/ER2 2:10:55 La Fuerza Aérea de Ucrania pretende disponer de 12.600 millones para modernizarse 2:11:49 Ya ha volado el primer F-18E Block III. 2:13:42 Corea del Sur: 1º prototipo de KF-X ensamblado antes de que acabe este año 2:15:33 Canadá modernizará 36 de sus CF-18 (dos escuadrones) 2:16:47 Disponibilidades de aviones de la USAF en el FY2019 2:19:57 EEUU: el comité del senado para las FAS para el año 2021 2:25:59 Probando la bomba guiada planeadora GBU-53/B StormBreaker 2:27:27 Japón renovará su flota de helicópteros de combate 2:50:38 Último escuadrón de P-3C de la US Navy pasa a P-8A 2:51:32 Futuro de MPA en España 2:52:28 Según la última RGM, la Armada se ha fijado en el Pilatus PC-24 2:55:38 Alemania detuvo programa de modernización de P-3C debido a aumento de costes 2:57:40 Incendio en el SNA Pearl mientras estaba en mantenimiento prolongado 3:07:00 Lanzamiento de un misil desde SNLE 3:18:09 La marine anuncia sonar de casco en sus patrulleros de altura 3:27:16 Damen firmó el contrato para las 4 nuevas fragatas MKS 180 3:31:20 La armada alemana recibe el primer Sea Lion 3:34:01 Entregado el USS Kansas City (LCS22) onceavo de la variante 3:35:14 Fraude en el acero de los submarinos de la Navy 3:35:50 Se habla de un quinto S80 3:45:08 16 patrulleras Mark 6 para Ucrania 3:52:37 Italia vende dos fragatas FREMM a Egipto 3:54:45 El segundo PPA botado el mes pasado 4:03:13 Despliegue japones en las islas Satsunan 4:03:51 Consorcio PILUM seleccionado par el estudio de armas electromagneticas 4:05:43 IAI sistema LORA 4:07:28 Ucrania prueba el misil Neptuno 4:08:22 Iran prueba un misil de crucero 4:08:41 Venezuela se dota de drones dji mAVIC aIR 4:11:04 Venezuela escolta aero-maritima a los petroleros iranies 4:11:39 Buques de desembarco universales rusos 4:12:58 Botada la tercera fragata P22350 4:15:29 Aceptación del submarino nuclear Príncipe Vladimir 4:16:48 La primera de las nuevas Corbetas Sa'ar 6 sigue en Kiel 4:19:32 Astilleros Gondán, entregó al Ministerio del Interior la embarcación Río Ésera, 4:21:00 primera corbeta MILGEM para Pakistan. 4:22:39 El Very Lightweight Torpedo recientemente presentado 4:24:36 Navantia se alia con Harland & Wolff 4:24:57 Activado hace unos días el primero Super Étendard modernizados (SEM) 4:26:24 Anuncio de nueva corbeta griega-israeli 4:26:48 Incidente Franco-Turco en aguas libias 4:30:09

Good morning, RVA! It’s 37 °F, and that’s about the temperature for today. Expect a bit of clouds until tomorrow when we’ll, with any luck, fully see the sun again. Temperatures will stay in the 40s and 50s until Monday when thing start to warm up a bit (again).Water coolerThis week’s email from Richmond Public Schools’ Superintendent is short, sweet, and right up my alley. He gives folks two ways to concretely get involved in the civic process as it relates to schools funding: 1) Call the legislators who will put the final touches on Virginia’s budget proposal(s) to ask them for more money for RPS, and 2) Show up at the General Assembly building on Sunday at 12:00 PM to immediately respond to the proposed House and Senate budgets (Facebook). For the latter, fingers crossed, the response will be “Hey, thanks for fully funding your share of public education, Commonwealth.” But, should that not be the case, you can be on hand to cast scornful looks upon the legislators.Mark Robinson at the Richmond Times-Dispatch has a summary of a recent report released by the City Auditor that focuses on overtime pay at the Sheriff’s Office. You can read the full, 14-page audit here (PDF). The short of it: Overtime pay went, way, way up—from $643,985 in FY2018 to $2,786,220 in FY2019—and it does sound like some of the operational procedures at the jail could benefit from some tweaking. That said, pay at Richmond’s Sheriff’s Office still lags behind neighboring facilities, and, something I’m always interested in knowing, the Office has about a 15% vacancy rate. Until the Mayor and City Council find a way to fully fund vacant position at City departments (by, oh, I dunno, raising the real estate tax to pre-Recession era levels), we’ll always need folks to work overtime and we’ll always see huge overtime line items. At some point, surely, you save some money by filling a couple of those vacancies, right?The Virginia Mercury’s Ned Oliver has an update on the General Assembly’s attempt to give control of Confederate Monuments to localities. Sen. Surovell, a Democrat from Fairfax, has this unfortunate quote that shows a lack of knowledge about when (the Jim Crow era, decades after the Civil War) and why (Lost Cause racism) the majority of Confederate monuments were built: “Before we make decisions about them, everybody’s entitled to have complete information…Otherwise, I think a lot of people just jump to conclusions, make assumptions that everybody just put these statues up because they were racist or something.” Turns out, that’s exactly why these statues were put up! Anyway, I’d still like to see the two-thirds majority vote requirement removed from the final version of the bill, but, if it must, I guess the other stuff can stay—although, requiring studies into the history of these monuments is just a huge waste of everyone’s time and money.This coming Saturday, February 15th, from 10:00–11:00 AM, Maymont will host its annual Great Backyard Bird Count. It’s free and designed for all ages and skill levels. One assumes they mean all bird-counting skill levels, which, is good because my current skill level at that hovers near zero. In fact, until this very moment, I had no idea that the Great Backyard Bird Count is a national program put on by the Cornell Lab of Ornithology and the National Audobon Society. Sounds like if you can’t make it out to Maymont on Saturday morning but still want to spend some time hangin’ with the birds, you can tap on the previous link and participate from literally wherever you happen to be. So cool!Mike Platania at Richmond BizSense says a mystery buyer has bought the building at 504 W. Broad Street, one of Richmond’s definitely cursed properties. Currently questionably occupied by Tiny Victory (Platania says the shop’s been closed and couldn’t get ahold of the owners), previous tenants include Yaki, Boka Tavern, Antler & Fin, the Belvidere at Broad, and, probably, a eldritch butcher who sold suspiciously delicious meat pies. Super excited for whatever moves into that space next, though.Logistical note: Monday, Presidents’ Day or Washington’s Birthday if you aren’t feeling colloquial, is a federal holiday, which means you won’t hear from me until Tuesday. If your work/life situation allows it, enjoy the long weekend!This morning’s patron longreadThe Last Time Democracy Almost DiedSubmitted by Patron Giles. I guess it’s comforting that we’ve been here before and manage to scrape through. Read to the end of this piece, though, because I kind of love the idea of public (both in terms of who can come and who funds it) debate salons.It’s a paradox of democracy that the best way to defend it is to attack it, to ask more of it, by way of criticism, protest, and dissent. American democracy in the nineteen-thirties had plenty of critics, left and right, from Mexican-Americans who objected to a brutal regime of forced deportations to businessmen who believed the New Deal to be unconstitutional. W. E. B. Du Bois predicted that, unless the United States met its obligations to the dignity and equality of all its citizens and ended its enthrallment to corporations, American democracy would fail: “If it is going to use this power to force the world into color prejudice and race antagonism; if it is going to use it to manufacture millionaires, increase the rule of wealth, and break down democratic government everywhere; if it is going increasingly to stand for reaction, fascism, white supremacy and imperialism; if it is going to promote war and not peace; then America will go the way of the Roman Empire.”If you’d like your longread to show up here, go chip in a couple bucks on the ol’ Patreon.

From selling meat at 10$ per lb. to million dollar contracts, introducing Carson V. Heady; Microsoft's Senior Account Executive in the Heath and Life Science Sector. Carson is the leader of a multi-cloud account team efforts in the North Central district for Microsoft Premiere accounts. Carson has many achieves over at Microsoft including: Gold Club Winner: 180.35% to plan FY2019, was interviewed by Microsoft President them self on best practices when it comes to prospecting and social selling techniques and have closed many multi-million dollar contracts. Carson started off by selling meat at a local meat store in St. Louis MO. Quickly realized there's got to be a better way to maximize his time so he jumped shifts into retail sales. Started off over at AT&T as a Director of Sales & Ops, moved his way up into Verizon as a Regional VP then Market Manager over at T-Mobile repetitively. Carson always pushes forward and believes in working in the client's best interests, even if it means telling them "not to buy". Carson is also the author of "Birth of a Salesman". Once a sales pro, always a sales pro. Carson, thank you for all you do, keep up the good work! Cheers to closing 2019.

Crowell & Moring’s “All Things Protest” podcast keeps you up to date on major trends in bid protest litigation, key developments in high-profile cases, and best practices in state and federal procurement. In this episode, hosts Christian Curran, Olivia Lynch, and Rob Sneckenberg analyze GAO’s Fiscal Year 2019 Annual Report to Congress, key takeaways for contractors, and trending issues to keep an eye on. Materials Discussed in This Episode  GAO Bid Protest Statistics for FY2019, Government Contracts Bullet Points (November 8, 2019).

(Stoneville, NC) - Audio of the November 4, 2019 'On-The-Road' meeting of the Rockingham County Board of Commissioners. The meeting was held at the Stonville Town Hall.AGENDA1. MEETING CALLED TO ORDER BY CHAIRMAN PYRTLE2. INVOCATION3. PLEDGE OF ALLEGIANCE4. APPROVAL OF NOVEMBER 4,2019 AGENDA5. CONSENT AGENDA (Consent items as follows will be adopted with a single motion, second and vole, unless a request for removal from The Consent Agenda is heard from a Commissioner).a) Pamela M. McLain, Interim Clerk to the Board - Approval of Minutes - October 7, 2019b) Patricia Galloway, Financial Services Director - Budget Revisionsi) Public Health - Increase budget $19,349 due to increase in State appropriation of Family Planning Grant Funds for FY2019/2020ii) Cooperative Extension - Increase budget $8,000 by appropriating reserve fund balance to cover costs of the 4-H After School and School Enrichment Programsc) Rodney Stewart, EMS Operations Supervisor - EMS Financial Statement - September 2019d) Mark McClintock, Tax Administrator - Approval of refunds thru October 22, 2019e) Carrie Spencer, Community Development Director - Adoption of Resolution Appointing Sherri Darnell as Plat Review Officer for the Town of Stoneville6. PUBLIC COMMENT7. LORI ARMSTRONG, STONEVILLE TOWN ADMINISTRATORThe Town of Stoneville's Activities and Accomplishments8. NEW BUSINESS9. COMMISSIONER COMMENTS10. CLOSED SESSIONPursuant to:N.C.G.S. 143-318.11 (a) (3) Consult with Attorney;N.C.G.S. 143-318.11 (a) (6) Discuss Personnel11. ADJOURN# # #

(Wentworth, NC) - Audio of the September 16, 2019 meeting of the Rockingham County Board of Commissioners. The meeting was held at the Rockingham County Governmental Center in Wentworth, NC.AGENDA1. MEETING CALLED TO ORDER BY CHAIRMAN PYRTLE2. INVOCATION3. PLEDGE OF ALLEGIANCE4. APPROVAL OF SEPTEMBER 16, 2019 AGENDA5. RECOGNITIONA) Proclamation – Recognizing October 4, 2019 as National Manufacturing Day in Rockingham CountyB) Resolution – Recognizing the 100th Anniversary of the passage of the Nineteenth Amendment to the United States Constitution and the founding of the League of Women Voters in North CarolinaC) Resolution – Supporting Rockingham County Citizens' AcademyD) Resolution – Honoring Rockingham County Champion(TEN MINUTE BREAK FOR REFRESHMENTS)6. CONSENT AGENDA (Consent items as follows will be adopted with a single motion, second and vote, unless a request for removal from the Consent Agenda is heard from a Commissioner.)A) Keli G. Watkins, Clerk to the Board – Approve Minutes – August 5 & 19, 2019B) Pat Galloway, Director, Financial Services1) Sheriff's Department – Appropriate $3,160 of Federal Forfeiture funds held in reserved fund balance for the purchase of Crime Prevention give away items to be used at festivals, programs and special events.2) Amend the Airport Capital Project Fund for additional grant funds awarded to the Fuel Farm Relocation-Design. Airport Grant revenues in the amount of $9,000 have been awarded and the local match of $1,000 will be met with existing local funding currently available in the Airport Project Fund. The grant modification was requested to cover additional costs incurred due to multiple bids being necessary to obtain a Contractor for the project.C) Mark McClintock, Tax Administrator – Approval of Tax Reports for August 2019D) Jason Julian, NCDOT – Approval to waive Landfill Tipping Fees for NCDOT from September 16 30, 2019, in concordance with the 2019 Fall Litter Sweep ProclamationE) John Morris, County Attorney – Consider approval of Interlocal Solid Waste Disposal Agreement7. PUBLIC COMMENT8. PUBLIC HEARINGS (Advertised for 6:30 p.m. or as soon thereafter as may be heard on the agenda.) - Carrie Spencer, Director, Planning & ZoningA) Rezoning Case #2019-009: Harry Rakestraw, Washburn Rd at Gold Hill Rd. Request rezoning from Residential Agriculture (RA) to Residential Protected (RP) +/- 56.75 acres. Planning Board voted 7-0 to recommend approval.1) Public Comment for Public HearingB) Rezoning Case #2019-010: James E. Smith, 1367 Gideon Grove Church Rd. Request rezoning from Residential Agriculture (RA) to Residential Protected (RP) +/- 118 acres. Planning Board voted 6-1 to recommend approval.1) Public Comment for Public HearingC) Rezoning Case #2019-011: Joyce and Jeanne Hall, 163 Harrison Crossroad Loop. Request rezoning from Residential Agriculture (RA) to Neighborhood Commercial-Conditional District (NC CD) +/- 0.62 acres. Planning Board voted 7-0 to recommend approval.1) Public Comment for Public HearingD) Request a Text Amendment to the Rockingham County Unified Development Ordinance to revise the Certificate of Ownership and Dedication required for subdivision plats. Planning Board voted 7-0 to recommend approval.1) Public Comment for Public Hearing9. CARRIE SPENCER, DIRECTOR, PLANNING & ZONINGDiscuss Notification Mailings for Rezoning Cases10. ROBIN YOUNT, TOURISM MANAGERAppointment of one (1) citizen from three (3) recommendations to fill unexpired term of vacant seat on TDA Advisory Board; unexpired term ends June 30, 2021.11. DEREK SOUTHERN, CHIEF INFORMATION OFFICERApproval of Rockingham County Credit Card Policy12. LANCE METZLER, COUNTY MANAGERA) Consider retaining Roy Sawyers of RockinghamUpdate to broadcast the Board of Elections regular meetings for the remainder of FY2019-20, beginning in October at a cost of $275/month for nine (9) months to total $2,475.B) Reclassify Strategic Management Director Position to Assistant County Manager. Create Assistant County Manager position on pay plan and set pay grade and salary.13. NEW BUSINESS14. COMMISSIONER COMMENTS15. ADJOURN# # #

The detailed information regarding downfall in Indian GDP of 5% in FY2019-20 Q1

(Madison, NC) - Audio of the August 5, 2019 On The Road Meeting of the Rockingham County Board of Commissioners held at Madison Town Hall in Madison, NC.AGENDA1. MEETING CALLED TO ORDER BY CHAIRMAN PYRTLE2. INVOCATION3. PLEDGE OF ALLEGIANCE4. APPROVAL OF AUGUST 5, 2019 AGENDA5. RECOGNITIONA) Mr. David Wood and Mr. Terry Wood – Outstanding VolunteersB) Resolution of Support – Rockingham County Response Rate for the 2020 Census6. CONSENT AGENDA (Consent items as follows will be adopted with a single motion, second and vote, unless a request for removal from the Consent Agenda is heard from a Commissioner.)A) Pat Galloway, Director, Financial Services1) Increase Cooperative Extension budget $4,097 for program fees that were earned and collected in the previous fiscal year; however, were not amended into the budget during that year.2) Increase Soil Conservation budget $250 for donation received in support of department's summer camp program.3) Increase Health Department budget $150,321 in order to remit excess funds in the Pregnancy Care Management Services & Care Coordination for Children Services programs to NC Community Care Networks.4) Decrease Health Department budget $4,529 due to decrease in Health Communities Grant awarded for FY2020.5) Appropriate $40,000 Rural Development Housing Preservation Grant in the Scattered Site Special Revenue Fund. No County Funding is being requested.6) Increase Public Buildings budget $548,780 for renovations to the A&E building ($120,340), Daymark building ($396,440) and Tyre Dodson Road office building ($32,000) that were approved by the Board on July 8, 2019.7) Increase Fire District Fund budget $18,000 for the Draper Fire District.B) Mark McClintock, Tax Administrator1) Approve Annual Settlement of Tax Collector2) Consider Order Directing Tax Collector to Collect Taxes Charged in the Tax Records and Receipts for FY2019/20203) Approval of NCVTS Tax Refunds through July 19, 20194) Approval of Tax Collection Reports for June 20195) Approval of Refund for Brad Fisher LandscapesC) Rodney Stewart, EMS Operations Supervisor – Approve EMS Financial Statement for June 2019 and approve accounts uncollected to be written off7. OLD BUSINESSDiscuss Rezoning Request from MPD Corporation, c/o Mr. Jerry Bowman (Case #2019-008), at Haynes Road and US Hwy 158 to be rezoned from Residential Protected (RP) to Neighborhood Commercial-Conditional District (NC-CD).8. PUBLIC COMMENT9. PAUL MURRAY, STRATEGIC MANAGEMENT DIRECTORConsider recommended changes to the County's Performance Measurement Program/Shared Savings pursuant to discussions at the FY2019/20 Budget Workshop.10. LANCE METZLER, COUNTY MANAGERRe-appointments to Board of Health & Human Services11. NEW BUSINESS12. COMMISSIONER COMMENTS13. CLOSED SESSIONPursuant to:N.C.G.S. 143-318.11(a)(1) Approve Closed Session Minutes;N.C.G.S. 143-318.11(a)(3) Consult with Attorney;N.C.G.S. 143-318.11(a)(5) Instruct Negotiating Agents.14. ADJOURN# # #

In this episode, we discussed the detailed analysis of Andhra Pradesh Budget for FY2019-20. Also, sector wise and priority wise allocations of the budget is discussed.

Please join CSIS Americas and the CSIS Project for Prosperity and Development for a public event on the critical nature of U.S. foreign assistance to the Northern Triangle and the security, socio-economic, and migratory consequences of recent changes in U.S. policy toward the region.  On Friday, March 29, President Trump stated that his administration was cutting off federal funding to the Northern Triangle countries of El Salvador, Guatemala, and Honduras. A day later, the State Department announced that the cutoff not only affected future grants, but also ended spending in the Northern Triangle countries on programs funded with FY2017 and FY2018 appropriations, as well as funds recently approved in the Omnibus Appropriations bill for FY2019. In total, more than an estimated $1 billion could be affected. This policy change would not only impact political stability and economic opportunities in those countries, and therefore the push factors affecting migration, but will also likely have additional consequences unexpected by the Administration, which will reverberate throughout the entire region.   During this public event, we will be joined by a panel of experts from the Northern Triangle and U.S. government, business, and civil society communities to discuss what those potential consequences will be. Mark Schneider, Former USAID Deputy Administrator and CSIS Senior Adviser, will moderate the panel.   Additional congressional speakers to be confirmed shortly. This event is made possible by general support to CSIS.

– Panasonic posts its FY2019 earnings report and discusses Tesla on their earnings call Links: Email > tesladailypodcast@gmail.com Twitter > @teslapodcast Patreon > patreon.com/tesladailypodcast Executive producer Rob Gill Executive producer Jeremy Cooke Music by Evan Schaeffer Disclosure: Rob Maurer is long TSLA stock & derivatives The post Panasonic Comments on Tesla on Earnings Call (05.09.19) appeared first on TechCast Daily.

In this week's episode of Podcast from Washington, Ian Goldstein and Eli Briggs discuss National Influenza Vaccination week. They also discuss the FY2019 continuing resolution to fund the Federal Government. Finally, they discuss the 2019 NACCHO Annual abstract submission deadline.   Later in the program, Ian Goldstein spoke with the Director of Immunization Services Division at the National Center for Immunization and Respiratory Diseases at the Centers for Disease Control and Prevention Dr. Melinda Wharton. They discussed the history of National Influenza Vaccination Week and how important vaccinations are at all stages of life. They also discussed how local health departments can encourage their communities to get vaccinated.

In this episode, we are joined by Laura Legg, Solutions Strategy Director at BESLER, to discuss the most significant changes resulting from the recently released Outpatient Prospective Payment final rule. Learn how to listen to The Hospital Finance Podcast on your mobile device. Download a PDF version right now – no form required Read a transcript of Read More

The 2019 Index of U.S. Military Strength is The Heritage Foundation’s fifth annual assessment of the United States Armed Forces’ ability to provide for the common defense. The Index assesses the strength of each of the U.S. military services, the status of the threats we face, and the favorability of the environment in which the U.S. and its allies must be prepared to operate. Since the initial publication of the Index five years ago, the military has struggled in its capacity and readiness for operations—brought about by harmful budget caps, underinvestment in research and development, and decades of sustained engagement in the Middle East. Although the FY2018 and FY2019 defense budgets reflect positive growth for defense, military strength remains far below where it needs to be.Join us for the debut of the 2019 Index of U.S. Military Strength as well as a special discussion from noted national security experts who will discuss where we stand, and what we need to protect our national interests in a world where U.S. military superiority is not assured. See acast.com/privacy for privacy and opt-out information.

In this episode, we are joined by David Korn and Bob Mahoney from BESLER’s Reimbursement Integrity team to discuss the most significant changes resulting from the FY2019 IPPS Final Rule. Learn how to listen to The Hospital Finance Podcast on your mobile device. Click here to read our key takeaways from the FY2019 IPPS Final Rule and Read More

In this week's Podcast from Washington Ian Goldstein and Eli Briggs discuss the FY2019 appropriations bills in the House and Senate. They also discuss the opioid bills that passed the House of Representatives and has moved onto the Senate. Finally, they discuss the markups of the Pandemic and All-Hazards Preparedness Act of 2018.   Later in the program Ian Goldstein sat down with Carson City Health Director Nicki Aaker. They discussed how a small health department creates public and private partnerships. They also discussed the Pandemic and All-Hazards Preparedness Act Reauthorization after Carson City saw excessive flooding in January, 2017. Finally, the discuss the importance of the Medical Reserve Corps.

On this week's episode of Podcast from Washington, Government Affairs team members Ian Goldstein and Eli Briggs discuss NACCHO Annual 2018. They also provide a funding update for FY2019 and the President's rescission package.  Later in the program, two old friends, and past NACCHO Presidents, Bob Harmon and Hugh Tilson recall their work on the landmark report from the Institute of Medicine entitled "The Future of Public Health" on its 30th anniversary. They discuss what went into the report and how it was received in 1988. They also discuss what they believe in 2018 is the future of public health.

On this week's episode of Podcast from Washington, Eli Briggs and Ian Goldstein discuss the second markup of opioid bills in the House, as well as appropriations for FY2019. Eli explains the rescission package and farm bill reauthorization. Later in the podcast, Ian Goldstein sat down with the Assistant Secretary for Preparedness and Response (ASPR) Dr. Robert Kadlec. Dr. Kadlec discussed his four priority areas as the ASPR. Dr. Kadlec also talked about how small-to-medium-sized health departments can develop a smart emergency management plan.

The Proposed Rule is something that impacts every provider who relies on Medicare reimbursement. It's not just about your rates. In the FY2019 Hospice Wage Index Proposed Rule, CMS is tipping us off on issues of importance and what may lie ahead. Jennifer covers the quality aspects of the rule, Judi focuses on compliance and Jon R. shares Dr. Mike's top summer health tip.

In this week's episode of Podcast from Washington, Eli Briggs and Ian Goldstein are back after a brief hiatus to discuss the Bipartisan Budget Act of 2018. Found out how much funding Congress will appropriate to public health programs in the FY2018 and FY2019 appropriations budget.  Next, Eli and Ian discuss the President's FY2019 budget proposal that Congress has said is "dead on arrival." Find out what's in the budget proposal along with the proposed cuts to the CDC and HHS.  Finally, Eli and Ian talk about NACCHO's Week of Congressional Action where you can find out how to get involved in public health advocacy without leaving your local health department!

The City Council holds a work session to discuss the proposed budget and capital improvement projects for fiscal year 2019. For more information, visit icgov.org/budget.

The City Council holds a work session to discuss the proposed budget for fiscal year 2019. This portion is only the overview presented by City Manager Geoff Fruin and Finance Director Dennis Bockenstedt. For more information, visit icgov.org/budget.