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Join our Patreon community to get access to bonus episodes, discounts on merch and more: https://bit.ly/UnholyPatreonSocial links, shop, YouTube channel and more: https://linktr.ee/unholypodSpecial episodes from the past week:On life in Iran with Beni Sabti (17/6) Sunday Update with Amos Harel (15/6)Friday update with dr. Suzanne Maloney (13/6)It's day seven of the Israel-Iran war, and the world is waiting on President Trump's next move. Will he or won't he strike Iran's Fordow nuclear facility.Yonit is joined this week by CNN anchor and senior global affairs analyst Bianna Golodryga; together they speak with former senior adviser to President Biden, Amos Hochstein, about what could happen if the U.S. joins the war.Plus: a chutzpah award you'll enjoy, and a next-generation mensch. Amos Hochstein is a veteran American diplomat and energy expert who has served as the U.S. Special Presidential Coordinator for Global Infrastructure and Energy Security. Known for his deep involvement in Middle East affairs, Hochstein has advised multiple administrations on strategic energy and security issues, including delicate negotiations across the region.Bianna Golodryga is an acclaimed journalist and television anchor, currently serving as a senior global affairs analyst at CNN.
In this week's episode, David and Ian discuss the how strong the end of April and beginning of May has been for the market, breadth thrusts, and specific areas of the market holding up well, like Bitcoin, Global Infrastructure, and Growth areas.
Today, Martha, Les, Morgan, and Andrew dive into the growing threat to undersea cables—critical infrastructure carrying 95% of global internet traffic. From Taiwan detaining a Chinese-crewed vessel suspected of sabotage to Chinese and Russian-linked ships damaging cables in the Baltic Sea, these incidents highlight a dangerous pattern of grey-zone warfare.Are China and Russia testing Western response thresholds? How prepared is the U.S. to respond to these attacks? And what steps should the Trump administration take to deter future sabotage and protect critical infrastructure?Check out the answers to these questions and more in this episode of Fault Lines.Check out the sources that helped shape our expert's discussion!https://apnews.com/article/taiwan-undersea-cable-penghu-islands-china-14bfd6ddad184d77ae45068fee9b37d2 https://www.cnn.com/2025/02/25/asia/taiwan-detains-ship-undersea-cable-intl-hnk/index.html Follow our experts on Twitter: @lestermunson@marthamillerdc@AndrewBorene@morganlroachLike what we're doing here? Be sure to rate, review, and subscribe. And don't forget to follow @masonnatsec on Twitter!We are also on YouTube, and watch today's episode here: https://youtu.be/PJVPqdtUVDE Hosted on Acast. See acast.com/privacy for more information.
- Interview with Michael Yan and News Updates (0:10) - Crazy Fog Phenomenon and Health Concerns (7:52) - Geopolitical News and Analysis (28:39) - Insurance Crisis and Economic Impact (37:00) - Interview with Michael Yan on Global Trade Routes (50:35) - Historical Context and Economic Insights (1:00:56) - California Wildfires and Insurance Collapse (1:18:20) - Gold-Backed Currencies and Economic Stability (1:19:50) - Final Thoughts and Call to Action (1:20:07) - California Wildfires and Government Negligence (1:21:41) - Geopolitical Tensions and Energy Dependence (1:24:18) - Historical Context and Military Influence (1:29:01) - California Fires and Sabotage Theories (1:35:42) - Global Infrastructure and Resource Management (1:40:57) - AI and Technology Innovations (1:45:55) - Support for Border Control and Law Enforcement (1:48:24) - Health and Nutrition Products (1:50:29) - Preparedness for Potential Conflicts (1:57:08) - Final Thoughts and Future Plans (1:57:28) For more updates, visit: http://www.brighteon.com/channel/hrreport NaturalNews videos would not be possible without you, as always we remain passionately dedicated to our mission of educating people all over the world on the subject of natural healing remedies and personal liberty (food freedom, medical freedom, the freedom of speech, etc.). Together, we're helping create a better world, with more honest food labeling, reduced chemical contamination, the avoidance of toxic heavy metals and vastly increased scientific transparency. ▶️ Every dollar you spend at the Health Ranger Store goes toward helping us achieve important science and content goals for humanity: https://www.healthrangerstore.com/ ▶️ Sign Up For Our Newsletter: https://www.naturalnews.com/Readerregistration.html ▶️ Brighteon: https://www.brighteon.com/channels/hrreport ▶️ Join Our Social Network: https://brighteon.social/@HealthRanger ▶️ Check In Stock Products at: https://PrepWithMike.com
In the second episode of our infrastructure mini-series on The Bid, guest host Mark Weidman, speaks with Matt Harris and Salim Samaha from Global Infrastructure investing to explore one of the biggest opportunities in infrastructure, the global transition to a low carbon economy.Sources: IEA Net Zero 2050, May 2021; Bloomberg New Energy Finance (BNEF) New Energy Outlook 2024 (May 2024); LevelTen Energy - Q1 2024 PPA Price Index Executive Summary - North America; Carbonomics, Goldman Sachs Dec 2022This content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. In the UK and Non-European Economic Area countries, this is authorized and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorized and regulated by the Netherlands Authority for the Financial Markets. Reference to the names of each company mentioned in this communication is merely for explaining the investment strategy and should not be construed as investment advice or investment recommendation of those companies. For full disclosures go to Blackrock.com/corporate/compliance/bid-disclosuresSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Today's guests: Michael Flynn, Global Infrastructure, Transport and Regional Government lead for Deloitte Ireland Jamie Sawchuk, national leader for Government and Public Services Alliances and Ecosystems for Deloitte Canada Carolyn Murnaghan, national leader for Climate Adaptation and Resilience for Deloitte Canada Christina Crue, emergency manager and advisory principal for Deloitte & Touche LLP Justin Dawe, founder and CEO of Earth Force Technologies Communities across the world are feeling the effects of climate change. That's unlikely to change any time soon. According to the World Meteorological Organization, 2023 was the hottest year on record. The National Centers for Environmental Information estimates there's a 97% chance that 2024 will break that record. The result of this warming—an increasing number of extreme weather events. The world is seeing more of these events, and they are increasing in severity. Governments, private sector innovators, and communities are working together to respond to, track, and mitigate the effects of extreme weather events. Solutions range from the tried and tested, like levees and spillways, to new and emerging technology, like AI and advanced sensing technology. To discuss these solutions, Tanya Ott is joined by Michael Flynn, Global Infrastructure, Transport and Regional Government lead for Deloitte Ireland; Jamie Sawchuk, national leader for Government and Public Services Alliances and Ecosystems for Deloitte Canada; Carolyn Murnaghan, national leader for Climate Adaptation and Resilience for Deloitte Canada; Christina Crue, emergency manager and advisory principal for Deloitte & Touche LLP; and Justin Dawe, founder and CEO of Earth Force Technologies. They discuss the challenges communities face and the potential solutions that may make a difference. Perhaps more importantly, they focus on the mindset shift that this new weather reality is bringing to communities all over the world. “Traditionally. you buy insurance for something that might happen once every 30 years,” said Sawchuk. “But when it's happening once every other year, once every five years, we need to respond differently. We need to build differently. We need to plan differently. So, we're getting ahead of the risk versus just responding to the risk. And I think that's foundational. We need to mitigate the risk versus just buy insurance against it.”
In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China's Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program for Global Infrastructure and Investment struggle to compete with the BRI. We discuss dynamics of public and private finance, the role of public-private partnerships, and the challenges private investors face. Importantly, this episode reveals the U.S. Development Finance Corporation's increasing reliance on private capital, and the decline of the construction sector in the U.S. economy. This comprehensive view shows how different financing and development models shape the global infrastructure landscape, how infrastructure development has evolved into its current state, and novel fields of competition, such as undersea Internet cables. Hameiri and Jones are co-authors of Fractured China: How State Transformation is Shaping China's Rise (Cambridge University Press, 2021). Dr. Hameiri is Professor in the School of Political Science and International Relation at The University of Queensland. A political economist with diverse research interests, traversing the fields of security, development and aid, governance, political geography and international relations, he is interested in understanding the evolving nature of statehood and political agency under conditions of globalisation. His books include International Intervention and Local Politics (Cambridge University, 2017), Governing Borderless Threats: Non-Traditional Security and the Politics of State Transformation (Cambridge University Press, 2015), and Regulating Statehood (Palgrave Macmillan, 2010), and he is a co-editor for the fourth edition of The Political Economy of Southeast Asia: Poliltics and Uneven Development Under Hyperglobalisation (Palgrave Macmillan, 2020). X: @ShaharHameiri. Dr. Jones is Professor in International Politics at the Queen Mary University of London. Lee specialises in political economy and international relations, focusing on the politics of intervention, security, and governance, with a particular interest in social conflict and the transformation of states. Much of his work focuses on Southeast Asia and China. Lee regularly advises the British and other governments and civil society organisations and has often appeared in the national and international media. A fellow of the Higher Education Academy, he also sits on the board of Palgrave's series Studies in the Political Economy of Public Policy, and the ESRC's peer review college. For further information see www.leejones.tk. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China's Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program for Global Infrastructure and Investment struggle to compete with the BRI. We discuss dynamics of public and private finance, the role of public-private partnerships, and the challenges private investors face. Importantly, this episode reveals the U.S. Development Finance Corporation's increasing reliance on private capital, and the decline of the construction sector in the U.S. economy. This comprehensive view shows how different financing and development models shape the global infrastructure landscape, how infrastructure development has evolved into its current state, and novel fields of competition, such as undersea Internet cables. Hameiri and Jones are co-authors of Fractured China: How State Transformation is Shaping China's Rise (Cambridge University Press, 2021). Dr. Hameiri is Professor in the School of Political Science and International Relation at The University of Queensland. A political economist with diverse research interests, traversing the fields of security, development and aid, governance, political geography and international relations, he is interested in understanding the evolving nature of statehood and political agency under conditions of globalisation. His books include International Intervention and Local Politics (Cambridge University, 2017), Governing Borderless Threats: Non-Traditional Security and the Politics of State Transformation (Cambridge University Press, 2015), and Regulating Statehood (Palgrave Macmillan, 2010), and he is a co-editor for the fourth edition of The Political Economy of Southeast Asia: Poliltics and Uneven Development Under Hyperglobalisation (Palgrave Macmillan, 2020). X: @ShaharHameiri. Dr. Jones is Professor in International Politics at the Queen Mary University of London. Lee specialises in political economy and international relations, focusing on the politics of intervention, security, and governance, with a particular interest in social conflict and the transformation of states. Much of his work focuses on Southeast Asia and China. Lee regularly advises the British and other governments and civil society organisations and has often appeared in the national and international media. A fellow of the Higher Education Academy, he also sits on the board of Palgrave's series Studies in the Political Economy of Public Policy, and the ESRC's peer review college. For further information see www.leejones.tk. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/political-science
In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China's Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program for Global Infrastructure and Investment struggle to compete with the BRI. We discuss dynamics of public and private finance, the role of public-private partnerships, and the challenges private investors face. Importantly, this episode reveals the U.S. Development Finance Corporation's increasing reliance on private capital, and the decline of the construction sector in the U.S. economy. This comprehensive view shows how different financing and development models shape the global infrastructure landscape, how infrastructure development has evolved into its current state, and novel fields of competition, such as undersea Internet cables. Hameiri and Jones are co-authors of Fractured China: How State Transformation is Shaping China's Rise (Cambridge University Press, 2021). Dr. Hameiri is Professor in the School of Political Science and International Relation at The University of Queensland. A political economist with diverse research interests, traversing the fields of security, development and aid, governance, political geography and international relations, he is interested in understanding the evolving nature of statehood and political agency under conditions of globalisation. His books include International Intervention and Local Politics (Cambridge University, 2017), Governing Borderless Threats: Non-Traditional Security and the Politics of State Transformation (Cambridge University Press, 2015), and Regulating Statehood (Palgrave Macmillan, 2010), and he is a co-editor for the fourth edition of The Political Economy of Southeast Asia: Poliltics and Uneven Development Under Hyperglobalisation (Palgrave Macmillan, 2020). X: @ShaharHameiri. Dr. Jones is Professor in International Politics at the Queen Mary University of London. Lee specialises in political economy and international relations, focusing on the politics of intervention, security, and governance, with a particular interest in social conflict and the transformation of states. Much of his work focuses on Southeast Asia and China. Lee regularly advises the British and other governments and civil society organisations and has often appeared in the national and international media. A fellow of the Higher Education Academy, he also sits on the board of Palgrave's series Studies in the Political Economy of Public Policy, and the ESRC's peer review college. For further information see www.leejones.tk. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/world-affairs
In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China's Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program for Global Infrastructure and Investment struggle to compete with the BRI. We discuss dynamics of public and private finance, the role of public-private partnerships, and the challenges private investors face. Importantly, this episode reveals the U.S. Development Finance Corporation's increasing reliance on private capital, and the decline of the construction sector in the U.S. economy. This comprehensive view shows how different financing and development models shape the global infrastructure landscape, how infrastructure development has evolved into its current state, and novel fields of competition, such as undersea Internet cables. Hameiri and Jones are co-authors of Fractured China: How State Transformation is Shaping China's Rise (Cambridge University Press, 2021). Dr. Hameiri is Professor in the School of Political Science and International Relation at The University of Queensland. A political economist with diverse research interests, traversing the fields of security, development and aid, governance, political geography and international relations, he is interested in understanding the evolving nature of statehood and political agency under conditions of globalisation. His books include International Intervention and Local Politics (Cambridge University, 2017), Governing Borderless Threats: Non-Traditional Security and the Politics of State Transformation (Cambridge University Press, 2015), and Regulating Statehood (Palgrave Macmillan, 2010), and he is a co-editor for the fourth edition of The Political Economy of Southeast Asia: Poliltics and Uneven Development Under Hyperglobalisation (Palgrave Macmillan, 2020). X: @ShaharHameiri. Dr. Jones is Professor in International Politics at the Queen Mary University of London. Lee specialises in political economy and international relations, focusing on the politics of intervention, security, and governance, with a particular interest in social conflict and the transformation of states. Much of his work focuses on Southeast Asia and China. Lee regularly advises the British and other governments and civil society organisations and has often appeared in the national and international media. A fellow of the Higher Education Academy, he also sits on the board of Palgrave's series Studies in the Political Economy of Public Policy, and the ESRC's peer review college. For further information see www.leejones.tk. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/chinese-studies
In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China's Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program for Global Infrastructure and Investment struggle to compete with the BRI. We discuss dynamics of public and private finance, the role of public-private partnerships, and the challenges private investors face. Importantly, this episode reveals the U.S. Development Finance Corporation's increasing reliance on private capital, and the decline of the construction sector in the U.S. economy. This comprehensive view shows how different financing and development models shape the global infrastructure landscape, how infrastructure development has evolved into its current state, and novel fields of competition, such as undersea Internet cables. Hameiri and Jones are co-authors of Fractured China: How State Transformation is Shaping China's Rise (Cambridge University Press, 2021). Dr. Hameiri is Professor in the School of Political Science and International Relation at The University of Queensland. A political economist with diverse research interests, traversing the fields of security, development and aid, governance, political geography and international relations, he is interested in understanding the evolving nature of statehood and political agency under conditions of globalisation. His books include International Intervention and Local Politics (Cambridge University, 2017), Governing Borderless Threats: Non-Traditional Security and the Politics of State Transformation (Cambridge University Press, 2015), and Regulating Statehood (Palgrave Macmillan, 2010), and he is a co-editor for the fourth edition of The Political Economy of Southeast Asia: Poliltics and Uneven Development Under Hyperglobalisation (Palgrave Macmillan, 2020). X: @ShaharHameiri. Dr. Jones is Professor in International Politics at the Queen Mary University of London. Lee specialises in political economy and international relations, focusing on the politics of intervention, security, and governance, with a particular interest in social conflict and the transformation of states. Much of his work focuses on Southeast Asia and China. Lee regularly advises the British and other governments and civil society organisations and has often appeared in the national and international media. A fellow of the Higher Education Academy, he also sits on the board of Palgrave's series Studies in the Political Economy of Public Policy, and the ESRC's peer review college. For further information see www.leejones.tk. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies
In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China's Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program for Global Infrastructure and Investment struggle to compete with the BRI. We discuss dynamics of public and private finance, the role of public-private partnerships, and the challenges private investors face. Importantly, this episode reveals the U.S. Development Finance Corporation's increasing reliance on private capital, and the decline of the construction sector in the U.S. economy. This comprehensive view shows how different financing and development models shape the global infrastructure landscape, how infrastructure development has evolved into its current state, and novel fields of competition, such as undersea Internet cables. Hameiri and Jones are co-authors of Fractured China: How State Transformation is Shaping China's Rise (Cambridge University Press, 2021). Dr. Hameiri is Professor in the School of Political Science and International Relation at The University of Queensland. A political economist with diverse research interests, traversing the fields of security, development and aid, governance, political geography and international relations, he is interested in understanding the evolving nature of statehood and political agency under conditions of globalisation. His books include International Intervention and Local Politics (Cambridge University, 2017), Governing Borderless Threats: Non-Traditional Security and the Politics of State Transformation (Cambridge University Press, 2015), and Regulating Statehood (Palgrave Macmillan, 2010), and he is a co-editor for the fourth edition of The Political Economy of Southeast Asia: Poliltics and Uneven Development Under Hyperglobalisation (Palgrave Macmillan, 2020). X: @ShaharHameiri. Dr. Jones is Professor in International Politics at the Queen Mary University of London. Lee specialises in political economy and international relations, focusing on the politics of intervention, security, and governance, with a particular interest in social conflict and the transformation of states. Much of his work focuses on Southeast Asia and China. Lee regularly advises the British and other governments and civil society organisations and has often appeared in the national and international media. A fellow of the Higher Education Academy, he also sits on the board of Palgrave's series Studies in the Political Economy of Public Policy, and the ESRC's peer review college. For further information see www.leejones.tk. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China's Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program for Global Infrastructure and Investment struggle to compete with the BRI. We discuss dynamics of public and private finance, the role of public-private partnerships, and the challenges private investors face. Importantly, this episode reveals the U.S. Development Finance Corporation's increasing reliance on private capital, and the decline of the construction sector in the U.S. economy. This comprehensive view shows how different financing and development models shape the global infrastructure landscape, how infrastructure development has evolved into its current state, and novel fields of competition, such as undersea Internet cables. Hameiri and Jones are co-authors of Fractured China: How State Transformation is Shaping China's Rise (Cambridge University Press, 2021). Dr. Hameiri is Professor in the School of Political Science and International Relation at The University of Queensland. A political economist with diverse research interests, traversing the fields of security, development and aid, governance, political geography and international relations, he is interested in understanding the evolving nature of statehood and political agency under conditions of globalisation. His books include International Intervention and Local Politics (Cambridge University, 2017), Governing Borderless Threats: Non-Traditional Security and the Politics of State Transformation (Cambridge University Press, 2015), and Regulating Statehood (Palgrave Macmillan, 2010), and he is a co-editor for the fourth edition of The Political Economy of Southeast Asia: Poliltics and Uneven Development Under Hyperglobalisation (Palgrave Macmillan, 2020). X: @ShaharHameiri. Dr. Jones is Professor in International Politics at the Queen Mary University of London. Lee specialises in political economy and international relations, focusing on the politics of intervention, security, and governance, with a particular interest in social conflict and the transformation of states. Much of his work focuses on Southeast Asia and China. Lee regularly advises the British and other governments and civil society organisations and has often appeared in the national and international media. A fellow of the Higher Education Academy, he also sits on the board of Palgrave's series Studies in the Political Economy of Public Policy, and the ESRC's peer review college. For further information see www.leejones.tk. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China's Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program for Global Infrastructure and Investment struggle to compete with the BRI. We discuss dynamics of public and private finance, the role of public-private partnerships, and the challenges private investors face. Importantly, this episode reveals the U.S. Development Finance Corporation's increasing reliance on private capital, and the decline of the construction sector in the U.S. economy. This comprehensive view shows how different financing and development models shape the global infrastructure landscape, how infrastructure development has evolved into its current state, and novel fields of competition, such as undersea Internet cables. Hameiri and Jones are co-authors of Fractured China: How State Transformation is Shaping China's Rise (Cambridge University Press, 2021). Dr. Hameiri is Professor in the School of Political Science and International Relation at The University of Queensland. A political economist with diverse research interests, traversing the fields of security, development and aid, governance, political geography and international relations, he is interested in understanding the evolving nature of statehood and political agency under conditions of globalisation. His books include International Intervention and Local Politics (Cambridge University, 2017), Governing Borderless Threats: Non-Traditional Security and the Politics of State Transformation (Cambridge University Press, 2015), and Regulating Statehood (Palgrave Macmillan, 2010), and he is a co-editor for the fourth edition of The Political Economy of Southeast Asia: Poliltics and Uneven Development Under Hyperglobalisation (Palgrave Macmillan, 2020). X: @ShaharHameiri. Dr. Jones is Professor in International Politics at the Queen Mary University of London. Lee specialises in political economy and international relations, focusing on the politics of intervention, security, and governance, with a particular interest in social conflict and the transformation of states. Much of his work focuses on Southeast Asia and China. Lee regularly advises the British and other governments and civil society organisations and has often appeared in the national and international media. A fellow of the Higher Education Academy, he also sits on the board of Palgrave's series Studies in the Political Economy of Public Policy, and the ESRC's peer review college. For further information see www.leejones.tk. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China's Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program for Global Infrastructure and Investment struggle to compete with the BRI. We discuss dynamics of public and private finance, the role of public-private partnerships, and the challenges private investors face. Importantly, this episode reveals the U.S. Development Finance Corporation's increasing reliance on private capital, and the decline of the construction sector in the U.S. economy. This comprehensive view shows how different financing and development models shape the global infrastructure landscape, how infrastructure development has evolved into its current state, and novel fields of competition, such as undersea Internet cables. Hameiri and Jones are co-authors of Fractured China: How State Transformation is Shaping China's Rise (Cambridge University Press, 2021). Dr. Hameiri is Professor in the School of Political Science and International Relation at The University of Queensland. A political economist with diverse research interests, traversing the fields of security, development and aid, governance, political geography and international relations, he is interested in understanding the evolving nature of statehood and political agency under conditions of globalisation. His books include International Intervention and Local Politics (Cambridge University, 2017), Governing Borderless Threats: Non-Traditional Security and the Politics of State Transformation (Cambridge University Press, 2015), and Regulating Statehood (Palgrave Macmillan, 2010), and he is a co-editor for the fourth edition of The Political Economy of Southeast Asia: Poliltics and Uneven Development Under Hyperglobalisation (Palgrave Macmillan, 2020). X: @ShaharHameiri. Dr. Jones is Professor in International Politics at the Queen Mary University of London. Lee specialises in political economy and international relations, focusing on the politics of intervention, security, and governance, with a particular interest in social conflict and the transformation of states. Much of his work focuses on Southeast Asia and China. Lee regularly advises the British and other governments and civil society organisations and has often appeared in the national and international media. A fellow of the Higher Education Academy, he also sits on the board of Palgrave's series Studies in the Political Economy of Public Policy, and the ESRC's peer review college. For further information see www.leejones.tk.
In this episode, Dr. Shahar Hameiri and Dr. Lee Jones discuss the political economy and financing behind global infrastructure development, with a focus on China's Belt and Road Initiative (BRI). The discussion explores the driving forces behind Chinese infrastructure investment, while addressing the crucial question of why American and European initiatives such as Global Gateway and the Program for Global Infrastructure and Investment struggle to compete with the BRI. We discuss dynamics of public and private finance, the role of public-private partnerships, and the challenges private investors face. Importantly, this episode reveals the U.S. Development Finance Corporation's increasing reliance on private capital, and the decline of the construction sector in the U.S. economy. This comprehensive view shows how different financing and development models shape the global infrastructure landscape, how infrastructure development has evolved into its current state, and novel fields of competition, such as undersea Internet cables. Hameiri and Jones are co-authors of Fractured China: How State Transformation is Shaping China's Rise (Cambridge University Press, 2021). Dr. Hameiri is Professor in the School of Political Science and International Relation at The University of Queensland. A political economist with diverse research interests, traversing the fields of security, development and aid, governance, political geography and international relations, he is interested in understanding the evolving nature of statehood and political agency under conditions of globalisation. His books include International Intervention and Local Politics (Cambridge University, 2017), Governing Borderless Threats: Non-Traditional Security and the Politics of State Transformation (Cambridge University Press, 2015), and Regulating Statehood (Palgrave Macmillan, 2010), and he is a co-editor for the fourth edition of The Political Economy of Southeast Asia: Poliltics and Uneven Development Under Hyperglobalisation (Palgrave Macmillan, 2020). X: @ShaharHameiri. Dr. Jones is Professor in International Politics at the Queen Mary University of London. Lee specialises in political economy and international relations, focusing on the politics of intervention, security, and governance, with a particular interest in social conflict and the transformation of states. Much of his work focuses on Southeast Asia and China. Lee regularly advises the British and other governments and civil society organisations and has often appeared in the national and international media. A fellow of the Higher Education Academy, he also sits on the board of Palgrave's series Studies in the Political Economy of Public Policy, and the ESRC's peer review college. For further information see www.leejones.tk. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day
Hacktivists Escalate Sophisticated, Multi-Vector Assaults on Banking and Financial Services, Government, and Utilities In this podcast episode, we will explore the evolving threat of distributed denial-of-service (DDoS) attacks targeting telecom carriers, as revealed in NETSCOUT's latest DDoS Threat Intelligence Report. With 5G connectivity rapidly expanding—from 12.6 million subscriptions in 2019 to an anticipated 2.8 billion by the end of 2024—cybercriminals are exploiting the increased attack surface presented by 5G-connected devices. Join us as we dive into the report's findings and discuss the implications of this alarming trend with Richard Hummel, NETSCOUT's director of threat intelligence. About NETSCOUT NETSCOUT is a leading provider of performance management, cybersecurity, and DDoS attack protection solutions. The company helps organizations monitor, analyze, and protect their digital infrastructure. Focusing on safeguarding critical networks, NETSCOUT's solutions are widely used across industries, including telecom, finance, and government, to ensure the reliability and security of their operations. Learn more at www.netscout.com or follow @NETSCOUT on LinkedIn, X, or Facebook.
In this special bonus episode, we welcome you into BlackRock Headquarters in Hudson Yards for a Global Town hall where BlackRock Chairman and CEO Larry Fink welcomes Bayo Ogunlesi to celebrate the coming together of BlackRock and Global Infrastructure Partners. Larry and Bayo discuss the opportunities presented by their partnership, emphasizing the transformative potential in capital markets and AI.Sources: Capital Markets Fact Book, 2024 SIFMAThis content is for informational purposes only and is not an offer or a solicitation. Reliance upon information in this material is at the sole discretion of the listener. In the UK and Non-European Economic Area countries, this is authorised and regulated by the Financial Conduct Authority. In the European Economic Area, this is authorised and regulated by the Netherlands Authority for the Financial Markets. For full disclosures go to Blackrock.com/corporate/compliance/bid-disclosuresSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Hey CX Nation,In this week's episode of The CXChronicles Podcast #236 we were live at Customer Contact Week in the Caesar's Forum Entertainment Center in Las Vegas last month with Kacey Felila Tolua, Strategic Thought Leader & Technology Innovation Champion based in Salt Lake City, UT. Kacey has 30+ years of contact center leadership insights and experience overseeing several large scale strategic implementations with integration of digital/voice self-service automation, operational excellence, continuous process improvement, and most recently Global Infrastructure and Center of Excellence technology solutions with her customer facing team across the globe.In this episode, Kacey and Adrian chat through the Four CX Pillars: Team, Tools, Process & Feedback. Plus share some of the ideas that her team think through on a daily basis to build world class customer experiences.**Episode #236 Highlight Reel:**1. How a life-changing injury led to her career in customer experience 2. Leveraging your inner strategic pessimist to drive your vision & priorities 3. Constantly learning & paying attention to up & coming leaders & innovators 4. Why process is paramount in driving the highest quality of products & services 5. Don't waste your customer's time with surveys, just listen to them from the start!Click here to learn more about Kacey Felila ToluaHuge thanks to Kacey for coming on The CXChronicles Podcast and featuring her work and efforts in pushing the customer experience & customer success space into the future.If you enjoy The CXChronicles Podcast, stop by your favorite podcast player hit the follow button and leave us a review today.For our Spotify friends, click here to make sure you are following CXC & please leave a 5 star review so we can find new listeners & members of our community.For our Apple friends, same deal -- click here to follow CXCP and leave us a review letting folks know why you love our customer focused content.You know what would be even better?Go tell one of your friends or teammates about CXC's content, our strategic partners (Hubspot, Intercom, Zendesk, Forethought AI, Freshworks, TimeToReply & Ascendr) + they can learn more about our CX/CS/RevOps services & please invite them to join the CX Nation!Are you looking to learn more about the world of Customer Experience, Customer Success & Revenue Operations?Click here to grab a copy of my book "The Four CX Pillars To Grow Your Business Now" available on Amazon or the CXC website.For you non-readers, go check out the CXChronicles Youtube channel to see our customer & employee focused business content. Reach Out To CXC Today!Support the Show.Contact CXChronicles Today Tweet us @cxchronicles Check out our Instagram @cxchronicles Click here to checkout the CXC website Email us at info@cxchronicles.com Remember To Make Happiness A Habit!!
In this episode of The 5G Factor, our series that focuses on all things across the 5G ecosystem, we review the recent key 5G-related moves made by the hyperscale cloud providers including Google Cloud and Motorola announcing a new multi-year relationship to bring GenAI to Motorola phones, AWS works with SK Telecom to test outbound roaming across its global infrastructure, and Oracle debuts Oracle Cloud Infrastructure (OCI) Telco Landing Zone aimed at optimizing telco workloads. Our analytical review drilled down on: Google Cloud and Motorola Bring GenAI to Razr Smartphones. Google Cloud and Motorola announced a new multi-year relationship to bring GenAI to Motorola phones, including the brand-new series of Razr smartphones, starting with the brand-new flagship Motorola Razr+ and Motorola Razr 50 Ultra. Moto ai technology, built using Google Cloud Vertex AI, Gemini, and Imagen models, is now integrated across native smartphone applications and prioritizes bringing users an elevated smartphone experience, including the ability to complete tasks, provide relevant suggestions, summarize information, plus more. We examine why Moto ai can augment the smartphone experience by becoming context-aware, personal, and collaborative throughout the phone and ecosystem through main features such as Magic Canvas to create on-device images and Style Sync, to align the customer's device to their personal style. AWS Prepares Outbound Roaming Across its Global Infrastructure. AWS is hosting a network function for outbound roaming subscribers, using AWS's global infrastructure and enabling enhanced user experience. We assess how the use of a reference architecture, including IP Exchange (IPX) connectivity options, can allow integration with existing roaming networks without changes. We review how the test results from SK Telecom's proof-of-concept deployment of User Plane Function (UPF) and Packet Data Network Gateway User Plane (PGW-U) on AWS global Regions, help demonstrate the practicality and benefits of this approach. OCI Telco Landing Zone Targets Accelerating Time to Value. Oracle announced the availability of OCI Telco Landing Zone, a deployment tool designed to establish a scalable and secure foundation for telco workloads. We assess why installing OCI services and telco-specific components can catalyze the setup and operation of all telco workloads, including 5G core cloud native functions (CNFs) and virtual network functions (VNFs). This can result in speeding up project timelines and time to value deployments that improve business outcomes.
In this episode, Robert Olsen, Vice Chair, Private Capital at Nicola Wealth focuses on infrastructure investments with Evan Corley, Partner, in Pantheon's Global Infrastructure and Real Assets Investment Team, and Ashley Ng, Senior Director, Infrastructure at Nicola Wealth. Pantheon, a global private equity, infrastructure, real assets, and debt investor, manages over $65 billion in assets with a team of 125 professionals across 12 offices worldwide. Together, they explore the evolution of infrastructure as an asset class, the factors driving investor interest, and Pantheon's journey in this space. Evan shares insights from his 20-year career at Pantheon, highlighting the growth of infrastructure investing and the increasing involvement of high-net-worth investors. Learn more about Nicola Wealth's Infrastructure strategies Sign Up for our Newsletter
What exactly is ‘listed Infrastructure'? And how can investors access this increasingly crucial asset class? In this episode of the All Angles podcast, seasoned portfolio manager Florence Taj provides fresh perspectives on why infrastructure should be on every investor's radar, and shares her unique insights on which long-term opportunities she invests in. Florence also delves into the difference between exposure via public versus private markets. Listen now to explore the transformative power of listed infrastructure investments. (01:25) Florence's background from strategic consultant to investment officer (05:42) Lessons from 25 years of investing (11:11) Listed infrastructure investment opportunities and outlook (18:15) Why investing in infrastructure is not boring (24:59) Long-term nature of new trends and emerging paradigms (28:41) Accessing infrastructure via public versus private markets (38:22) Why governance matters when selecting assets to invest in This material is intended for investment professional use only and not intended for retail investors. The views expressed are those of the speaker and are subject to change at any time. These views are for informational purposes only and should not be relied upon as a recommendation to purchase any security, or as an offer of securities or investment advice. No forecast can be guaranteed. Past performance is no guarantee of future results. Please keep in mind that a sustainable investing approach does not guarantee positive results and all investments, including those that integrate ESG considerations into the investment process, carry a certain amount of risk including the possible loss of the principal amount invested. Distributed by: U.S. – MFS Institutional Advisors, Inc., MFS Investment Management and MFS Fund Distributors, Inc.; Latin America – MFS International Ltd.; Canada – MFS Investment Management Canada Limited. Note to UK and Switzerland readers: Issued in the UK and Switzerland by MFS International Limited, a private limited company registered in England and Wales with the company number 03062718, and authorised and regulated in the conduct of investment business by the UK Financial Conduct Authority. MIL UK, an indirect subsidiary of MFS®, has its registered office at One Carter Lane, London, EC4V 5ER. Note to Europe readers: Issued in Europe by MFS Investment Management S.à r.l. – authorized under Luxembourg law as a management company for Funds domiciled in Luxembourg and which both provide products and investment services to institutional investors and is registered office is at S.a r.l. 4 Rue Albert Borschette, Luxembourg L-1246. Tel: 352 2826 12800. This material shall not be circulated or distributed to any person other than to professional investors and should not be relied upon or distributed to persons where such reliance or distribution would be contrary to local regulation; Singapore – MFS International Singapore Pte. Ltd.; Australia/New Zealand - MFS International Australia Pty Ltd holds an Australian financial services licence number 485343. MFS Australia is regulated by the Australian Securities and Investments Commission.; Hong Kong - MFS International Limited, a private limited company licensed and regulated by the Hong Kong Securities and Futures Commission. MIL HK is approved to engage in dealing in securities and asset management regulated activities and may provide certain investment services to "professional investors" as defined in the Securities and Futures Ordinance.; For Professional Investors in China – MFS Financial Management Consulting Co., Ltd. 2801-12, 28th Floor, 100 Century Avenue, Shanghai World Financial Center, Shanghai Pilot Free Trade Zone, 200120, China, a Chinese limited liability company registered to provide financial management consulting services.; Japan - MFS Investment Management K.K., is registered as a Financial Instruments Business Operator, Kanto Local Finance Bureau No.312, a member of the Investment Trust Association, Japan and the Japan Investment Advisers Association. As fees to be borne by investors vary depending upon circumstances such as products, services, investment period and market conditions, the total amount nor the calculation methods cannot be disclosed in advance. All investments involve risks, including market fluctuation and investors may lose the principal amount invested. Investors should obtain and read the prospectus and/or document set forth in Article 37-3 of Financial Instruments and Exchange Act carefully before making the investments. Unless otherwise indicated, logos, product and services names are trademarks of MFS and its affiliates and may be registered in certain countries.
In this pilot episode, we're joined by Helaina Matza, Special Coordinator for Global Infrastructure and Investment at the US Department of State. Come with us as we find out exactly what minerals-focused development looks like. Join the discussion on the impact of the IRA in the US, what is going on in Indonesia, what's the latest in China and what regulatory factors should you be paying attention to that you might not be aware of?
In this episode of Navigating Major Programmes, Riccardo Cosentino sits down with Sherena Hussain, lawyer, global thought leader in infrastructure and advisor to new partnership and sustainable finance models, to tackle the complex question: is private capital successful in major programmes? “The research and the industry and the research is beginning to align in the sense that we need to begin to do things differently. Now is the time to start to challenge the paradigm and do better.” – Sherena Hussain Key Takeaways:The role private capital in infrastructure major programmes The overlaying correlation and causation of politics in private capital The biases of private practitioners in determining the use of private capital Delivery models, risk transfer and the tools for successful major programmes Systems approach to complexity The collective responsibility and impact of stakeholder managementSherena Hussain's Published WorkRethinking the role of private capital in infrastructure PPPs: the experience of Ontario, CanadaExploring the Success of Social Infrastructure Public Private Partnerships: The Complex Case of Bridgepoint Active Healthcare in Ontario, CanadaIf you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser or Castbox. The conversation doesn't stop here—connect and converse with our LinkedIn community: Connect with Sherena Hussain on LinkedinFollow Navigating Major Programmes on LinkedInFollow Riccardo Cosentino on LinkedInRead Riccardo's latest at wwww.riccardocosentino.com Transcript:Riccardo Cosentino 0:05 You're listening to Navigating Major Programmes, a podcast that aims to elevate the conversations happening in the infrastructure industry and inspire you to have a more efficient approach within it. I'm your host, Riccardo Cosentino. I bring over 20 years of Major Programme Management experience. Most recently, I graduated from Oxford University Saïd Business School, which shook my belief when it comes to navigating major programmes. Now it's time to shake yours. Join me in each episode as I press the industry experts about the complexity of Major Programme Management, emerging digital trends and the critical leadership required to approach these multibillion-dollar projects. Let's see where the conversation takes us. Riccardo Cosentino 0:53 Hello, everyone. Welcome to a new episode of Navigating Major Programmes. I'm here today with Sherena Hussain. How are you doing, Sherena? Sherena Hussain 1:01 I'm doing well. Thanks. How are you? Riccardo Cosentino 1:04 I'm very good. I'm very good. I'm so glad we're on this podcast together. Thank you for agreeing to join me. I've known you for a long time. But maybe for the guests that may not have seen you on CBC or seen your work on LinkedIn, can you introduce yourself briefly? Sherena Hussain 1:21 Oh, wonderful. Well, thank you for that. Well, my name, as you mentioned, is Shereena. Hussein. I'm a lawyer as well as an academic. In addition to being in the infrastructure space for many years, it's so interesting that Riccardo, you and I, we go back, way back, to the Infrastructure Ontario days where I was a summer associate and I was able to work alongside some of your teams. And since then, my career has taken me in different directions. Practicing as a lawyer at McCarthy Tétrault moving into academia, including affiliations with the Schulich School of Business, and also dovetailing into a variety of different international work, including affiliations with the G7 and the G20, trying to pair private capital to sustainable infrastructure projects all around the world. And now more specifically, trying to connect different types of research to actual problems that we have in the infrastructure community, more specifically, how do we make those projects bankable but also sustainable economically as well as environmentally speaking? Riccardo Cosentino 2:26 Okay, very interesting. So you, obviously, our path connected in the past and having this still do because I'm also still involved with private capital. I work for AtkinsRéalis doing investments into infrastructure. I have not been able to attend your courses at Schulich. But I certainly have seen them or your affiliation with the university. I mean, today, we want to talk about, obviously, private capital, but we want to also talk about major programming in general, and the challenges that major programme bring in terms of on-time delivery, on-budget delivery, and the complexity of major programmes and the multitude of stakeholders that they involve. So it's a very, very complex ecosystem. And I think I would just want to explore with you what you've picked up over the years in terms of what is the function of private capital and how can private capital at times help and at times doesn't help major programmes? Sherena Hussain 3:34 Yes, and first and foremost, I'm so happy that you're having this podcast series, because often we don't talk about this enough, and really being able to step back, see how well we're doing as an industry, but also, where are the rules or the ways that we can otherwise find solutions? How do we improve or at least create a dialogue around that? And with my research, and it's actually in fact, one of the reasons why I ended up doing a dovetail into academia, was really coming to the reflection point of whether or not we can do things better. And you know, as well as I do, and most of your listeners know that there has been a considerable amount of challenges that are almost endemic to major projects and the idea that items are over budget, they're never on time and then there's fallacies on how we plan and how we execute. And you can just look for the headlines from time to time, in which case, we always end up scratching our head and asking ourself, how did this happen? And that was one of the major questions that led me to move into academia and also conduct research with a bit of a slant towards private capital, but less so from a pure financial perspective, but rather looking at the role of private capital at the intersection of law, risk, as well as how that infuses some of the planning processes. So that intersectionality is quite challenging to wrap your head around, let alone do research. What I found really telling is that in the process, being able to step away from just each project stage and each project clause or project agreement, which as a lawyer, you can appreciate that's something that matters very much to what we do. But being able to step back and look at, well, how do these items interact with one another? In the context of say, are these projects able to attract private capital? What influence does this have on how the parties behave over the duration of long-term project agreements, some instance upwards of 30 years? How does that then influence the different stakeholders outside of the agreements? And then how then does different decision-makers reflect upon that whether at the front end and when they're coming out with some of the projected benefits, but also, as they try to communicate what went well, and try to then encourage other jurisdictions to follow suit. And it's that latter piece, which some of my research has gained a lot of traction, because looking at, say, Canada, we are regarded around the world, as some of the leaders when it comes to preparing infrastructure projects using different delivery models. I know some of your listeners might not recognize that. But as someone who then goes around the world, and interacts with say, senior government officials that are looking to bring on board different types of sustainable infrastructure, they always ask, what is Canada doing? How can we learn from Canada? What are some of your practitioners' best practices? And how then do we follow suit? So when you put that into the context of things like private law, risk, and all the different, the contextual features that come into play with how we put in place major projects, we're not just making a decision as a one-off, we are influencing effectively global infrastructure. And that's where some of the research on private capital is anyways, both fascinating, but also daunting because it does have a ripple effect in terms of how practitioners may then take them into account, and then replicate that in other places around the world. Riccardo Cosentino 7:21 Wow, there's so much to unpack in that. Certainly, yeah, the role of private capital. And I think we, what we're seeing right now in Canada, and what we're seeing in the UK, is how the role of private capital has started to shift in certain type of infrastructure. Again, I don't want to overgeneralize, because, you know, there's a lot of places where a lot of assets where private capital is still using is still the domino form of financing. But in more traditional public infrastructure, we've seen a bit of a decline in the use of that type of capital, as a tool of achieving outcomes, because I think that that's important, I think it's important to define that in Canada, the use of private capital was with the purpose of creating different incentives and creating different outcomes for major projects, rather than using private capitals, as a source or as a gap filler for project funding or project financing. So I actually would like to ask you, what's your view in terms of how effective is private capital being, it's a loaded question, but how effective is private capital being in achieving different or I would say, better outcomes for project delivery or major projects in general? Sherena Hussain 8:55 That is a loaded question. I'll try to address this from the perspective of both research but also practice considering that I really have a foot in both worlds. Let me step back and understand well, what are the motivations to then introduce private capital? In many ways, those are your benchmarkers for success in terms of did it achieve that or did it not? And when we stop and think about the theory behind the use of private capital in mega projects, many of the key items include things like is it a way to then align incentives between different parties? Is it an opportunity and then to incentivize certain behavior so that you achieve value for money in terms of how best different parties are able to manage risk, as an example, or some of the the windfall profits can then be better managed by virtue of using private capital. You have the benefit of leverage to then induce different types of returns to then bring different forms of maybe longer-term private capital providers to the table which otherwise may have not been available. And then again, can you align the incentives with what the public sector also wants to achieve? One of the key challenges, though, that exists with just that theoretical approach to then benchmark, how well does private capital work or does not work is that just so much more (inaudible) with or without private capital. And this, you move beyond the theory, and then you look at, say, the process to then create a market that then entices private capital. The processes involved in terms of structuring different tender documents, getting some degree of negotiation, and also making your way through the process of financial close and then when the real fun begins, when the capital comes into different projects, that's when you see things like leadership and personalities come into the conversation. We also see the role of which different capital markets come into play. And inevitably, there's a political climate that, for the most, part does overlay whether or not private capital is available, but also how well it's priced and if that price outweighs some of the benefits that come with private capital. We're now entering a period in which case interest rates are much higher than they have been in at least the past six to seven years. That, in and of itself, introduces a different paradigm for just private capital and a cost-benefit analysis that might come into play. But also in that period, at least here in Canada, we're also seeing a morph in terms of what kind of delivery models have we introduced and how much private capital have they also been deployed. And that makes it somewhat difficult to then apply, say, our theoretical approaches for whether private capital is successful or not because there have been things outside of that traditional analysis that have occurred as well. So from a research perspective, it's difficult to say causation versus correlation. But what it ultimately means from, say, a decision maker's perspective is, well, if private capital was successful five years ago in a specific industry, does it mean I can replicate the exact same set of circumstances for another industry today? And the short answer is no, you have to then reevaluate, is it the right solution? And if it is, how much private capital? Which source? At what period of time? And all these different variables to then being able to then achieve some of those benefits like, are we aligning incentives over the long haul? Who takes on some of the most problematic risks that comes into play? And I will say that, Riccardo, is one in which we're entering a new frontier when we start to think about the role of private capital of mega projects, because not only has the ecosystem changed, but also much of the research is catching up to now being able to pull some holes in those assumptions. And the practitioner community is even recognizing that yes, we need to stop and think about is this the right set of contexts or circumstances for us to determine is it the right use? Is it not? And then be able to benchmark after the fact of whether it's successful or not. Riccardo Cosentino 13:18 Again, a lot to unpack. As you said, it was a loaded question, I think you answered it beautifully. For certain, the landscape has changed. And I like how you refer to practitioners. And so, by the way, for the non-academic listeners, we, I am a practitioner, as people in the industry are the practitioners. And so we have our own views. And I have to say that, without taking away much from practitioner, I do believe that the practitioner view's a little biased. So relying, of course, a practitioner will, a private sector practitioner will always push for private capital, and get that generates a return on the capital that is deployed. And so I think relying on practitioner to provide views on the use of private capital is a little biased but I think it's a necessary point of view. I think you touched upon the ability to assess the outcomes of these mega projects and the influence of private capital or public capital to the mega projects. However, I think it can be challenging because the horizons are very long and the datasets are limited when you have such horizons, right? When you have a project that could last five, seven, 10 years, you might actually not know the outcome of that project, probably couple of years after the contraction has been completed. And that could be 12 years from now. So it's really difficult to have, to assess the benefits of the impact that certain decision, like the decision of using private capital, can have on the outcomes. And that's why I touched upon the bias because obviously if you, if the people making the assessment are biased and you have incomplete data and long span horizons, the verdict, so to speak, might be highly biased and geared towards certain preferences of the industry or the person that is making that assessment. But nevertheless, it's important that we do assess, and we do try to understand, what private capital can do, or other tools in the toolbox, for that matter, that are used to tackle the challenges of major programmes, right? Major programmes are very complex, they have a history, if you're starting a major programme, you should know that you probably going to be late and over budget. And if you think that your major programme is not going to do that, then you probably don't understand major programmes because the history, the data is out there. Having Professor Filberg is, I can't remember the stat but probably 90% of major programmes are late and over budget. So in any case, major programmes are complex. And we need the tools to deal with this complexity. And so private capital is one of the tools but in your mind are their other tools and is the choice of tools, an important choice? And if I can add one more element, is the choice of tools fixed or the tools actually change along the lifecycle of a major project? Sherena Hussain 16:54 This is an excellent question. And I like to use the analogy of tools in a toolbox, but also whether or not it's an individual who's picking up that tool? Do they know what to pick up at any given time? And for what project are they trying to use this tool for? So think of, say a home renovation, in which case, today, you might use a variety of different tools, supplies for a particular problem. But think about, say three years from now. And you might have to reconsider, oh, do I need to replace? Do I need three player? Which tool from the toolbox do I need now? If we use that and then apply that sort of question-answering queue to then major projects, then we have to think about at what point are we thinking about the problem? Are we thinking in terms of, say, delivery models? And often that's where we get the analogy of tool in a toolbox? Are we thinking of one form of risk transfer versus another? And this is where we often gravitate towards and say, well, this type of a public-private partnership or alliancing model, this is one tool from our toolbox. That's a very simplistic approach. Because yes, we ask that question. But we also have to ask ourselves, who's in fact using these tools? Do we have the institutional capabilities in order to then be able to leverage these tools in order to achieve an outcome? Go one step further, are we actually addressing the right project at any given time? Do we have to up-scope or descope it? And if we start thinking about that perspective or going beyond just a micro project approach, which is typically how much of the private capital research is focused on, it really goes down to a project level or a subset of different portfolio data. But once we try to introduce it into an institutional context, that's when we see a variety of different theories that ultimately can gravitate towards things like the systems in which case private capital then operates in. And that's why I think there are different solutions that are available that thinks about, well, it's not just what's in the toolbox. But there are also solutions such as how do we upskill? Or what capacity are we building? What about, say, things like critical thinking skills and problem definitions? That's another tool which, there are different intellectual models that exist and we can train and teach for that we can conduct research in that, that also then has an impact on the use and or success of different types of private capital. And I can give you an example of how I'm currently grappling with this from a research but also in terms of application and by the way, this particular public-private partnership agency wants to then attract private capital to do so. In that process, we're looking at okay, which delivery model works, let's prepare the project. And we can go through a lot of those more micro-level analyses. But what is critical is the fact that private capital may or may not be attracted to that and particularly at the right risk-return profile. And that's when you step up and start looking at the norms, the processes, the people, the broader institutional ecosystem that comes into play, that all has to work together. So much so that the term private capital, which might be politically advantageous in those markets are not really used much anymore. It's called blended capital, how well can you de-risk private capital to then bring them into a market, so you have a balance between public capital, and private capital and different types as well like the nonprofit sector? And that's where we're seeing an inflection point in how, not only the research but the practitioner community in certain regions where private capital is just not available, is trying to evolve in order to address, can we get some of the benefits, but also knowing that some markets just do not exist today. Riccardo Cosentino 20:56 Yeah, I like how you describe major projects, and you look at all of the facets, the delivery model, that type of contract used is one facet. But you know, I think we study, we study major projects, as temporary organizations and being an organization, you need to consider multiple facets, you need to consider, as you said, exactly what you said is the people, the processes, the culture that gets to sits in the middle, how these people compensated, what kind of bureaucracy do you have, and all of these should exist in a harmony that allows the system, so the major programme, to deliver the appropriate outcomes. And yeah, there are situations where certain tools will work and other tools won't and vice versa. So, alignment, as you said, the private capital is very good at aligning incentives and providing risk transfer. But, you know, does that really apply to every single project? I mean, I can think of one industry that never really used private capital to its full extent, which is the nuclear industry there's no way you can find privately financed nuclear power plant because of because of the risk. So you really need to understand I think, my law professor, during my master said, what problem are you trying to solve? And then from that, once you've established the problem you're trying to solve, you find the right contract to help you solve that problem, right? If the problem is I want to transfer the most amount of risk, then you've got to find a contract like a PPP or like a project finance solution where you're transferring the majority of the contract, but that comes with cost, as you pointed out, or the private capital might not be available so the risk transfer might not be, might not be the right mechanism for that particular project. So, I think we've been conditioned over the last few years, over the last 10 years, that there is our delivery model that will accomplish the best outcomes. But I think that's very reductionist because you really need to look at the system that you're dealing with and that is much more multifaceted than just, oh, this contract versus that contract. Sherena Hussain 23:22 Absolutely. And when you start to explore that, you also then have the opportunity to then look at systems solutions to system challenges. And from one end, to be able to have that conversation is quite challenging, because some would say, well, that's just outside my zone of influence, or that's outside my industry, or you just have to wait for something to happen but we need this built today. That elements of not so much public, or public or political considerations, but also more broadly about the role in which organizations and different disciplines can then interact with one another is also something to be challenged. We often think about, well, one company only does X, they rely upon a consortium to come together and provide a solution, say in major programmes. So to be able to then offer a system space solution, then a similar sort of coming together of disciplines looking at some of the solutions they have, what are the problem they have to solve knowing that it isn't going to be a simple answer to a relatively challenging problem also requires even within the public sector and even, you know, at least even drop the distinction between public and private, a systems-based approach to thinking about what's the problem we're trying to achieve and what are some of the solutions that exist, ultimately are ways in which we can at least beginning to scratch the surface and look at can we actually get to the root of some of these problems and then start to implement some of say, the innovations that come forward. I am mindful that there are certain delivery models out there that are masking themselves with some of those broader solutions that say, well, we might be doing things like alliancing, which on its surface suggests that we're doing exactly that. But as we've discussed so far, it's, in some ways, it goes beyond just a project and a delivery model. It's looking at, do we have the right skills? Do we have the right capabilities? Are we pricing risk accordingly? And what about things like norms, culture, that do you have to be addressed? They could be addressed within a delivery model. But what's been clear in the research and the theoretical framework is that we have to go beyond that. And that does require an evolution within the industry, but also within different types of interactions and yeah, I would even say, broaden what the industry means in order to start moving that envelope across the board, to then being able to say we're now developing system space solutions to system space problems in mega projects. Riccardo Cosentino 26:08 Okay, I want to pause a little bit on system approach. Because I think you and I are familiar, and probably a lot of the listeners, are familiar with system thinking. But it is a discipline that it's certainly underutilized in, certainly in Canada, as far as I know, because I've not come across system thinking until I ended up in the U.K. where it's a concept that even there is not broadly used, but it's I think a bit more understood and at least the benefits of system thinking and approaching issues from a system perspective is something that is being embraced more and more especially in civil engineering in mega project, because when you have a lot of complexity, you need to think of different types of relations between agents within the various system. And you might even have a system or systems to make things even more complicated. Riccardo Cosentino 27:14 But the system approach is, it's important because I'm always trying to explain it to known to people who have never come acrossed system thinking that the example I always give is the butterfly effect, right? Whenever, we always know we've always heard some in, when a butterfly flaps the wings in Australia, you might have a tornado in North America. And that's basically how I explained system thinking where there is no direct cause and effect, which is perceived by as more causality that happens in a way that we don't quite understand. And so we need to really understand all of the elements to trying to understand our all of the elements, in our case, for major programmes, stakeholders, interact with each other because only when we understand those interactions, we can start seeing patterns of actions that occur within the system. And we always have a tendency as human beings to reduce the complexity, and always thinking of linear cause and effect, when in reality, we're talking about circular cause and effect. And in fact, it is not even cause and effect it is just circularity of relations. So sorry, I wanted to take just a few minutes just to get all the listeners on the same page, when we talk when we say systems and system thinking and system approach. What do we mean? And I guess, you and I have discussed this in the past, but what are? What are the advantages of having a system approach? I think you touched on some of them already, but in your mind, what are the advantages of system thinking and system approach to major projects? Sherena Hussain 29:08 Yes, and when we stop and think about, why should we entertain such levels of complexity amongst not just one system, but multiple systems of systems, and one area is it offers the ability to think through how different say, stakeholders, actions, activities, risk, capital sources, all interact or can be affected by a certain course of action. And for the most part in our daily lives we don't think necessarily like that. For the reason you mentioned before we're, it tends to have a reduction as an (inaudible) from simplicity and how we undertake our affairs. However, if you're willing to then step back and do that mapping exercise, that identification often will yield you the ability to see some of the assumptions that have possibly been made. In different circumstances, you might have to test those assumptions. An excellent example that I grapple with daily right now is in the context of decarbonizing transport, meaning try to reduce CO2 emissions from transport through other propulsion technologies like battery electric, like hydrogens, like anything else in between. I can tell you, Riccardo, but often they say, well, you just need someone to get a vehicle, put in a charger, and you're on the road and everything is great. Well, if that were true, then we'd probably have a lot more, you know, different types of vehicles on the road, but we don't. And then once you start mapping that out, you realize, well, you interact with utility, that electricity has to come from somewhere, there's a supply chain that comes with, say, critical minerals that go into the components to the vehicle to the charger. There's also different individuals and regular regulatory frameworks that are impacted such as safety, such as the individuals who have to maintain like the mechanics, do they feel safe touching these vehicles? Do they need to be trained? What about our ecosystem for upskilling and reskilling the trades. So once you start looking at systems and unpacking that, you're able to not only identify who your stakeholders are, but some of the embedded assumptions into our projects. And once you have that insights, then you can make decisions such as you know what we need to bring in certain stakeholders earlier, or you know what, maybe the utility is a source of low-cost financing to this project, because they might have a vested interest in greater adoption of certain types of electricity sources through electrification. So that's another, those are some of the benefits that comes with systems theory, and systems thinking. But I also want to throw the caveat out there is that it's not a one-size-fits-all all approach. Often, you have to do this on an ongoing basis for the same project, but also on a project-by-project basis. And that's where the application of this type of thinking, in some ways is very challenging in the mega project space, because there's always a tension about, can we get economies of scale, and how we can then replicate some of these across some of the say, smaller projects that just do not have the capital in place, or the budget in place to do this on an ongoing basis. So that is ultimately something that comes into place. Do we have solutions available to then make it a more timely and cost-effective to apply systems thinking? I would say yes, but we just haven't figured it out yet. Or we can at least try and see how we do that. And I'm sure, Riccardo, you've seen in some of your work in your masters that there are solutions around the world to do that. So some of these benefits could be realized. Riccardo Cosentino 33:02 Yeah, for sure. I do think that understanding, okay, I'm going to reduce the complexity a little bit. And in my mind, one thing that projects don't do and I'm going to be very specific, is stakeholder analysis and the effect of stakeholders onto even onto the day-to-day delivery, right? We, you know, even when we start in delivery project, and we're on-site, there's a little bit of work done in stakeholder management, but not to the extent that is required, and that has detrimental effects on delivery. And I think sitting down and understanding and do and apply system thinking the second you apply system thinking you have to think of the stakeholders because, you know, if you're an on-site delivering a project, all you are looking at is your Gantt chart, right, your schedule, and you know, that by the way, that's a whole new podcast on the fallacy of a linear schedule for a complex mega project is you know, I don't even know where to start with that, where you you have all these activities and somehow something as complex as a major project you end up with, with a delivery day, like to the day you can tell when the project is going to be done. But which is a fallacy, because the second you start actually looking from a system perspective, you understand that there's so many moving parts, so many relations, you don't understand that how you can predict to that level of accuracy is beyond me. As I said, that's a different podcast. I think it's important though, that we start using these approaches because we drive in blind, like I think there's a lot of project director, project managers out there that are driving blind because they're using, they're using tools that are designed for things with little complexity and the tools that we're using for high complexity, issues of say high complexity projects are not good enough. And that basically, doesn't basically makes the project director being oblivious to what's ahead. And so we're getting more in the specific now of project delivery. But you know, if you step back, you know, even in the planning phase, applying systems thinking during the planning phase, or during the early phases of the project, to understand what the challenges are going to be making the project more resilient. Because ultimately, I think that's also what system thinking allows you to do. It allows you to do how the project might fail over the long term. And I'm not just talking about the delivery phase, I'm talking about the planning phase, you know, a lot of projects don't get the funding, they get shelved, and but applying system thinking upfront, allows you to understand what could go wrong, you know, there's a change in government that happens. Doesn't mean that the project needs to stop if there's a change in government, you could set it up in a way that is politically agnostic on who's the leader, right? So these tools are very, very helpful, but I don't think they are understood or even why they're not utilizing, I don't think they're even understood. Sherena Hussain 36:36 And that's where I find that that could be an opportunity. An example of one of those tools, just carrying on on the example of stakeholder management is one that I teach to my master's students. And also, when I engage with senior government officials, and that is a power interest matrix, it's a very simple two by two matrix. On one axis, you have power, another axis, you have interests, and then you plot your stakeholders. What's really telling is that if a stakeholder for example, has high power, high interest in your mega project, say, during the planning stage, well, you have to make sure they're consulted and they're involved in that project. If you have a stakeholder that has low interest, but high power, you want to make sure that they're amendable. But they have, for the most part, as long as they're disinterested, they're not going to exercise their power. That analysis continues throughout the duration of our mega projects through all its stages, because a stakeholder might shift in their power or their interest. So say the mega project experiences a significant delay that then affects one of those stakeholders. So their interests, even though they're very powerful, but low interest now increases. So they're by far one of your most problematic issues to your project in getting, say, consensus to get this project back on track. If you're not thinking about stakeholder management, then that is going to just emerge and potentially not be foreseen, and you're behind the eight ball. Whereas before, if you had a constant view of your stakeholders, and even if it's say, looking in quarterly, looking in and reflecting monthly, then you're in a better situation to get ahead of those situations and develop solutions before it minds for that. What I'm very clear to all my students is that this is not just for, you know, the stakeholder management consultants, this is everyone's job, everyone should be thinking about stakeholders, because whether you're involved in say, claims management, or if you're involved with project coordination from, say, a public sector perspective, you're still dealing with stakeholders, from your vantage point, you should be managing that as well, such that we can at least be applying some of these systems based solutions to then avoid the common pitfalls that typically come with major projects. Riccardo Cosentino 39:01 Yeah, you make me smile when you say the stakeholder consultant because yeah, that's my experience too, right? You don't just make a project you typically have and it's typically a comms firm or somebody that just when in reality, stakeholder management is at the core, right, the project director should have direct visibility and influence on that and should be spending quite a bit of his or her time on stakeholder management because, as you said, it's evolving, right? I really liked your two by two matrix because you have to continue reviewing it, because the situation change and somebody that didn't really matter early on in the project may become very influential. And if you haven't mapped it out at the beginning, guess what? You're going to be completely blindsided because if you haven't done the exercise at the beginning of the project, to understand who these parties are and what their role are, when they see intuitions shift and somebody now becomes irrelevant if you hadn't mapped it to begin with, you'll never even going to know what's going to hit you. Sherena Hussain 40:07 And this is where you might you must know the term, and your listeners too, the term social license, that we need a social license to build mega projects. We need a social license to be able to introduce X, Y, and Z. Well, yes, but what does that actually mean? How do we develop a social license? How do we maintain it? How do we grow that? Often, if based upon our conversation, we're pretty much saying it's on the basis of applying systems thinking, systems theories to stakeholders. And that's how you're able to cultivate the social license. And it's not just the jobs for the comms department or the consultant. It's everyone's job when we're dealing with major projects, because we all have a zone of influence in what we're doing. And that all has some form of impact, like the butterfly on how that mega project unfolds at the end of the day. Riccardo Cosentino 41:04 Yeah, absolutely. Absolutely. Yeah. stakeholder management has become a new pet peeve. Okay, I think we're coming towards the end of today's podcast, but you know, before, before we wrap up, I just wanted to ask you what, do you have any hope for the industry do you, as a bit of a broad, sweeping question that, you know, you've been in the industry for a long time and I ask this question to most of my guests, it's, you know, are you positive are you negative about major programme as an industry, in Canada and or around the world? Sherena Hussain 41:51 I would say I'm optimistic for a variety of different reasons. If we looked at purely from a public policy economics perspective, infrastructure is critical to the success of any society. Canada's no difference. So there will always be a role for mega projects. A lot of decisions that we have to make today are informed by things that maybe we didn't think about 10, 20 years ago, such as climate risk, how does this affects some of our mega projects. It's not just bringing a consultant who tells you to do X, Y, and Zed that requires an application of systems thinking. And the theory is across all facets of a mega project's lifecycle, not just in project development. So I think that is going to be one of the biggest drivers paired with the fact that across some of the major industries that require either a renewal, or the investment of different types of infrastructure, leveraging technology, again, highly complicated. That's another realm for where we will see the need to apply different forms of system thinking and systems solutions that we've talked about today. So with that in mind, we either have the opportunity to continue doing what we've been doing before and possibly just fail or not be able to achieve the outcomes, or reflecting upon in our daily lives, we have to deal with more systems-based thinking, because our lives are getting more complicated. Why not start thinking about how that applies to mega projects and major programmes. And I think that is an opportunity that I'm bit excited for, in the sense that the research and the industry is beginning to align. And so in the sense that we need to begin to do things differently. How quickly we're able to mobilize? I'd say I'm also optimistic because you have a podcast like this talking about it. So to the extent that your listeners are decision-makers as well, they're being influenced by the fact that now it's time to challenge the paradigm and think about how we do things better. Riccardo Cosentino 43:52 You make me blush I'm doing I'm trying to do my part. I'm trying to do my part and then with this podcast for sure, because it's I am a little bit more negative than you I think it is, it is a monumental challenge. For decades, we've been trying to improve major programmes and major programme delivery and the progress is slow. But at least we are definitely moving in the right direction. But you know, when you see when you see outcomes of major programmes on a day-to-day, I won't name projects but you start to think you know, how long is it going to ask is going to take for us to have a situation where it's not a given that a major programme will be late and over budget. But although I have a little bit of a negative outlook, here I am trying to do my part to change and I, you know, as people like you and that are helping these change by bringing different perspective from different parts of the industry. So on that, I want to thank you for taking the time today. It's been a fantastic conversation. Hopefully, we won't let pass another war 15 years from the next time we talk to each other. But yeah, thank you very much, Sherena, for for joining me today. Sherena Hussain 45:24 My pleasure. Thanks for having me. Riccardo Cosentino 45:27 That's it for this episode of Navigating Major Programmes. I hope you found today's conversation as informative or provoking as I did. If you enjoyed this conversation, please consider subscribing and leaving a review. I would also like to personally invite you to continue the conversation by joining me on my personal LinkedIn at Riccardo Cosentino. Listening to the next episode, we will continue to explore the latest trends and challenges in major programme management. Our next in-depth conversation promises to continue to dive into topics such as leadership risk management and the impact of emerging technology in infrastructure. It's a conversation you're not going to want to miss. Thanks for listening to Navigating Major Programmes and I look forward to keeping the conversation going. Music: "A New Tomorrow" by Chordial Music. Licensed through PremiumBeat.DISCLAIMER: The opinions, beliefs, and viewpoints expressed by the hosts and guests on this podcast do not necessarily represent or reflect the official policy, opinions, beliefs, and viewpoints of Disenyo.co LLC and its employees.
In this unique moment in human history, the climate emergency is increasingly defining our lives. While artificial intelligence is unlocking potential positive impact on a scale never seen before. So what does the future hold for us and our children? How will technology help us show up more responsibly to people and the planet? And what does that look like in practical terms– so that our individual efforts compound in ways that will course correct our future? Faith Taylor is the Global Sustainability and ESG Officer at Kyndryl, the world's largest provider of IT infrastructure services, with a goal of powering human progress through strong, purpose-driven practices that deliver value to employees, customers, stakeholders, and communities. In this episode, she explains how IT infrastructure and AI can address your sustainability ambitions in ways that will serve your business, and how the power of collaboration and its ripple effect can ensure we address the climate crisis for all of our futures. Lead With We is Produced by Goal 17 Media - https://goal17media.com Faith Taylor: Faith Taylor is Global Sustainability Officer at Kyndryl, a $19 Billion and 90,000 employee spin-off from IBM. Prior to Kyndryl, she was the Global Environmental Social Governance (ESG) leader at Tesla where she worked with their Board of Directors, investors and leadership teams to develop their strategies, structures and targets. Before joining Tesla, Faith served as the Senior Vice President, Corporate Social Responsibility and Chief Sustainability Officer (CSO) of Wyndham Worldwide from 2005 to 2018. Under her leadership, she helped to build their sustainability program leading to the company's recognition by the Dow Jones Sustainability Index as a World and North American hospitality leader. In addition, Ethisphere recognized Wyndham as one of the World's Most Ethical Companies. As the CSO, Taylor was responsible for the company's global environmental, social and governance (ESG) programs including policies, strategies and risk management. Prior to her role as CSO, Faith was a brand marketing and new business development leader managing businesses that delivered $100 million to $600 million in revenues. She helped to restructure brands and developed innovative products and markets to deliver rapid growth. Faith was a professor at the Feliciano School of Business at Montclair State teaching Corporate Social Responsibility, Brand Marketing and Sustainability and was a co-founder of the University's Global Human Trafficking and social entrepreneurship center. She is currently President of the Women's Association of the New Jersey Performing Arts Center and a member of their board. She is also a member of the Executive Women of New Jersey and served on the boards of the World Travel and Tourism Council, and the United States Green Building Council. In 2022, Business Chief and Sustainability magazines ranked Taylor among the top 10 U.S. women of the inaugural Top 100 Women in Sustainability list. Raised in Seattle and born in Japan, Taylor earned a B.A. from Stanford University and an M.B.A. from the University of Pennsylvania's Wharton School. She and her husband have two children and live in West Orange, N.J. Faith is an avid gardener. Resources: Learn more about Kyndryl at: https://www.kyndryl.com/us/en/about-us Connect with Faith on LinkedIn: https://www.linkedin.com/in/faithlouisetaylor/ Visit leadwithwe.com to learn more about Simon's new book or search for "Lead With We" on Amazon, Google Books, or Barnes & Noble. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this week's episode of The Lebenthal Report, Michael and Dominick dive into the world of infrastructure and real estate investments, by exploring the valuable insights with seasoned expert, Daniel Foley. Daniel Foley is an Associate Portfolio Manager of CBRE Investment Management. As a member of CBRE Clarion Securities' Global Infrastructure research team, Dan is responsible for evaluating listed infrastructure companies in the communications and utilities sectors globally. He has been an active member of the firm's Global Infrastructure research team since its inception and is a Portfolio Manager of the MainStay CBRE Global Infrastructure Fund. Whether you're a seasoned investor or just getting started, you won't want to miss this informative and engaging discussion. Now Available on: VoiceAmerica, Youtube, Apple Podcasts & Spotify.
This week on Puliyabaazi we discuss the viability of the new India-Middle East-Europe corridor. What are the benefits of this route? What are the risks? We discuss this and more with Aditya Ramanathan, a Research Fellow heading the Advanced Military Technologies Programme at the Takshashila Institution. हाल ही में भारत से यूरोप के लिए एक नए ट्रांसपोर्ट कॉरिडोर की घोषणा हुई है। क्या है ये IMEC? सुएज़ कनाल के होते हुए, इस नए रस्ते का आर्थिक समीकरण कैसा होगा? या फिर ये राजनीतिक समीकरण से प्रेरित प्रोजेक्ट है? इस पर चर्चा तक्षशिला इंस्टीटूशन से जुड़े आदित्य रामनाथन के साथ। ***** useful links ***** Partnership for Global Infrastructure and Investment (PGII) & India-Middle East-Europe Economic Corridor (IMEC) https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1955921 India's Arab-Mediterranean Corridor: A Paradigm Shift in the Strategic Connectivity to Europe by Michael Tanchum https://www.isas.nus.edu.sg/wp-content/uploads/2021/08/South-Asia-Scan-Aug-2021-V4.pdf ***** more Puliyabaazi on Geopolitics ***** चीन की विश्वगुरु हसरतें। How China plans to change the world order? Ft. Manoj Kewalramani https://puliyabaazi.in/episode/ciin-kii-vishvguru-hsrte-how-china-plans-to-change-the-world-order-ft-manoj-kewalramani कभी हाँ कभी ना। India-US Relations ft. Seema Sirohi https://puliyabaazi.in/episode/kbhii-haa-kbhii-naa-india-us-relations-ft-seema-sirohi चीन बनाम चौकड़ी | The Geopolitics of Quad. https://puliyabaazi.in/episode/ciin-bnaam-caukddii-the-geopolitics-of-quad ***************** Website: https://puliyabaazi.in Write to us at puliyabaazi@gmail.com Hosts: @saurabhchandra @pranaykotas @thescribblebee Puliyabaazi is on these platforms: Twitter: @puliyabaazi Instagram: https://www.instagram.com/puliyabaazi/ Subscribe & listen to the podcast on iTunes, Google Podcasts, Castbox, AudioBoom, YouTube, Spotify or any other podcast app.See omnystudio.com/listener for privacy information.
The Heartland Institute's Donald Kendal, Jim Lakely, and Chris Talgo present episode 415 of the In The Tank Podcast. There has been a steady stream of stories coming out over the past several months relating to potential corruption involving President Biden and his son Hunter. It appears as though we might be reaching a tipping point as House Speaker Kevin McCarthy opened an impeachment inquiry into President Biden. How likely is this to go anywhere? Will this dredge out even more information? Will this have an impact on the election? The ITT crew discusses these topics and more.OPENING CHIT CHAT - SOCIALISM 2023 CONFERENCEWashington Stand - ‘Public Education Needs to be a Site of Socialist Organizing': ALA Presidenthttps://washingtonstand.com/news/public-education-needs-to-be-a-site-of-socialist-organizing-ala-presidentSocialism 2023 Conference panelshttps://socialismconference.org/2023-schedule/Panels include:- "Family Abolition Today"- "Kids as Comrades"- "Radical Drag Show"PRIMARY TOPIC - BIDEN IMPEACHMENT INCOMING?AP News - What's ahead now that Republicans are opening an impeachment inquiry into President Joe Bidenhttps://apnews.com/article/hunter-biden-congress-oversight-republicans-impeachment-57c5b1b40d19ede4ecf7fde08c027ceeNational Review - White House Sending Letter to News Outlets Urging Them to ‘Ramp Up' Scrutiny of GOP over Impeachment Inquiryhttps://www.nationalreview.com/news/white-house-sending-letter-to-news-outlets-urging-them-to-ramp-up-scrutiny-of-gop-over-impeachment-inquiry/?utm_source=email&utm_medium=breaking&utm_campaign=newstrack&utm_term=32695645The Federalist - Impeaching Biden Is The Right Call, But Don't Stop With Himhttps://thefederalist.com/2023/09/13/impeaching-biden-is-the-right-call-but-dont-stop-with-him/DailyMail - Chuck Schumer echos well-known Donald Trump talking point characterizing the Republicans' impeachment of Biden as a WITCH HUNT as other Democrats slam the inquiry as illegitimatehttps://www.dailymail.co.uk/news/article-12510647/Chuck-Schumer-echos-known-Donald-Trump-talking-point-characterizing-Republicans-impeachment-Biden-WITCH-HUNT-Democrats-slam-inquiry-illegitimate.htmDAVOS WATCH - G20 SUMMIT REVEALS ECONOMIC BATTLE WITH CHINAWhite House (Sep 9, 2023) - FACT SHEET: President Biden and Prime Minister Modi Host Leaders on the Partnership for Global Infrastructure and Investmenthttps://www.whitehouse.gov/briefing-room/statements-releases/2023/09/09/fact-sheet-president-biden-and-prime-minister-modi-host-leaders-on-the-partnership-for-global-infrastructure-and-investment/ NPR - Biden said the G-7 would counter Chinese influence. This year, he'll try againhttps://www.npr.org/2022/06/24/1106979380/g7-summit-2022-germany-global-infrastructureCNBC - G-7′s infrastructure plan offers an alternative to China's Belt and Road Initiative in a ‘deliberate way'https://www.cnbc.com/2022/06/28/new-g-7-infrastructure-plan-offers-alternative-to-china-belt-road-.html
Bloomberg Washington Correspondent Joe Mathieu delivers insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy.On this edition, Joe speaks with: Democrat Congresswoman from Pennsylvania's 6th District & US Air Force Veteran Chrissy Houlahan says Congress is in unprecedented territory. Bloomberg Politics Contributors Jeanne Sheehan Zaino & Rick Davis discuss President Joe Biden navigating a possible shutdown and labor strikes. Republican Senator from Tennessee Marsha Blackburn on regulating AI. White House Special Presidential Coordinator for Global Infrastructure and Energy Security Amos Hochstein talks about rising oil prices and record oil production in the US. See omnystudio.com/listener for privacy information.
Dive into the key outcomes of the recent G20 Summit held in India. We cover consensus on the Ukraine conflict, the African Union's new G20 status, ambitious transport corridor plans, and a commitment to boost renewable energy by 2030. Don't miss this quick recap to stay updated on global economic and political developments. >>> Make sure to check out my newsletter "Cela's Weekly Insights": https://endritcela.com/newsletter/ >>> You can subscribe here to our YouTube Channel “MVP – Main Value Partners”: https://www.youtube.com/@MainValue >>> Visit out website for interesting articles on business, finance and much more: http://www.mainvalue.de >>> Follow me on LinkedIn: https://www.linkedin.com/in/endrit-cela/ >>> Follow me on Instagram: https://www.instagram.com/endritcela_official/ Disclaimer for "Capital Markets Quickie" Podcast: The views and opinions expressed on this podcast are based on information available at the time of recording and reflect the personal perspectives of the host. They do not represent the viewpoints of any other projects, cooperations, or affiliations the host may be involved in. "Capital Markets Quickie" does not offer financial advice. Before making any financial decisions, please conduct your own due diligence and consult with a financial advisor.
This episode, Dave chats with Andrew Hay, Head, Global Infrastructure Investments, all about global infrastructure as an asset class, and how the underlying businesses within can help provide diversification benefits for investors. Andrew also chats about his background and career journey prior to joining RBC GAM. (Recorded: August 31, 2023)To view the transcript and disclosure for this podcast, please visit https://www.rbcgam.com/en/ca/insights/podcasts/getting-to-know-global-infrastructure/detail/.RBC, GAM, RBC GAM, RBCGAM, podcast, invested, investing, investment, insights, personally, learn, perspectives, personally invested
Podcast: Security Voices (LS 33 · TOP 5% what is this?)Episode: Episode #57: Claroty's Galina Antova on the global infrastructure war & building an $100M OT security juggernautPub date: 2023-07-31This past weekend, the New York Times posted an article explaining the United States is scrambling to clean government systems from a deep, pervasive infiltration of the country's infrastructure by the Chinese. Much like the Russian attacks on Ukrainian infrastructure, the intent appears to be to disrupt any U.S. action that would be a response to Chinese military action in Taiwan. The role of nation state actors in driving the threat landscape has brought us to a place where the lines between physical and cybersecurity are no longer blurry, but simply erased.Galina Antova, founder and Chief Business Officer of Claroty, shares her expertise in operational technology (OT) security with us in an hour long interview in the latest episode of Security Voices. We begin by walking through the recent industrial security threat landscape with an emphasis on INCONTROLLER/Pipedream and discuss the impact of the Russian/Ukrainian war, tracing its origins back to a landmark attack in 2015.Galina and Dave explain the uncomfortable truths about the current state of OT security, starting with the fact that, other than nuclear energy facilities, air gaps are as common unicorns and other mythological beasts. Galina explains why OT security teams necessarily have to operate with older equipment and more caution than conventional IT security teams. Further, while we have not seen massive infrastructure disruptions to date, the real reason behind this offers us little comfort.In the second half of our interview, Galina describes her journey as a founder of Claroty and what it took to build a $100M ARR company over 8 years. For a category decades in the making with notoriously long sales cycles and risk averse buyers, she takes us through the playbook she and her co-founders used to establish a beachhead and expand into a global OT security juggernaut. We pinpoint why the pandemic was a breakthrough moment for OT security, catapulting solutions providers to new heights and why this had little to do with new threats and everything to do with enabling digital transformation.We bring the episode to a close with a dialogue on gender equity in cybersecurity and specifically how men can do their part by adjusting a couple key assumptions when interacting with women in business.The podcast and artwork embedded on this page are from Security Voices, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
This past weekend, the New York Times posted an article explaining the United States is scrambling to clean government systems from a deep, pervasive infiltration of the country's infrastructure by the Chinese. Much like the Russian attacks on Ukrainian infrastructure, the intent appears to be to disrupt any U.S. action that would be a response to Chinese military action in Taiwan. The role of nation state actors in driving the threat landscape has brought us to a place where the lines between physical and cybersecurity are no longer blurry, but simply erased.Galina Antova, founder and Chief Business Officer of Claroty, shares her expertise in operational technology (OT) security with us in an hour long interview in the latest episode of Security Voices. We begin by walking through the recent industrial security threat landscape with an emphasis on INCONTROLLER/Pipedream and discuss the impact of the Russian/Ukrainian war, tracing its origins back to a landmark attack in 2015.Galina and Dave explain the uncomfortable truths about the current state of OT security, starting with the fact that, other than nuclear energy facilities, air gaps are as common unicorns and other mythological beasts. Galina explains why OT security teams necessarily have to operate with older equipment and more caution than conventional IT security teams. Further, while we have not seen massive infrastructure disruptions to date, the real reason behind this offers us little comfort.In the second half of our interview, Galina describes her journey as a founder of Claroty and what it took to build a $100M ARR company over 8 years. For a category decades in the making with notoriously long sales cycles and risk averse buyers, she takes us through the playbook she and her co-founders used to establish a beachhead and expand into a global OT security juggernaut. We pinpoint why the pandemic was a breakthrough moment for OT security, catapulting solutions providers to new heights and why this had little to do with new threats and everything to do with enabling digital transformation.We bring the episode to a close with a dialogue on gender equity in cybersecurity and specifically how men can do their part by adjusting a couple key assumptions when interacting with women in business.
About 30 years ago, an Australian investment company called Macquarie figured out how to turn public utilities into lucrative assets. This strategy helped catapult the company into the biggest infrastructure investor in the world. Now, its services range from delivering tap water to London to transporting gas across the United States. But recently it has emerged that one of Macquarie's former assets, Thames Water, is struggling, and the utility's consumers are feeling the consequences. We sit down with the FT's infrastructure correspondent Gill Plimmer to discuss what we can learn from Thames Water's troubles and what happens when private investments meet a public necessity. - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading:Managed by Macquarie: the Australian group with a grip on global infrastructureThe dangers of asset managers when it comes to long-term infrastructureHow the Thames Water-gate burstThames Water travails threaten to plunge privatised sector into crisis- - - - - - - - - - - - - - - - - - - - - - - - - - On Twitter, follow Gill Plimmer (@gillplimmer1) and Topher Forhecz (@ForheczT)Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Countries are racing to acquire the rare minerals and resources necessary for clean energy tech. So how can they secure their own positions while also building strategic partnerships? Helaina Matza, who has spent her career as a diplomat and negotiator with the US Government, is here to help explain the process. Now the Deputy Special Presidential Coordinator for the Partnership for Global Infrastructure and Investment, Helaina has also served as Director of Energy Transformation at the Bureau of Energy Resources and Director of Climate Diplomacy and Energy Transformation at the National Security Council in the White House. Helaina sat down with BNEF Editor Kamala Schelling to discuss US policy and the energy transition, the Partnership for Global Infrastructure and Investment, and what her work as a diplomat has taught her about tackling climate change. Complimentary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF on the Bloomberg Terminal, on bnef.com or on the BNEF mobile app. To find out about BNEF's Summits and to listen to more interviews, go to https://about.bnef.com/summit/See omnystudio.com/listener for privacy information.
In this episode, we meet Pooja Goyal: Partner and the Chief Investment Officer of Carlyle Global Infrastructure, Co-Head of the Carlyle Global Infrastructure Opportunity Fund (CGI), and Carlyle's Head of Renewable and Sustainable Energy. With over $381 billion assets under management (AUM), Carlyle is one of the world's largest investment firms — a megafund that specializes in private equity and private credit.Prior to joining Carlyle, Pooja was the Head of the Alternative Energy Investing Group at Goldman Sachs, where she led investments in the renewables sector. She joined the group as an associate in 2005, was promoted to Managing Director in 2012, and took over as Head of the group in 2013. Under her leadership, the group built a portfolio of investments dedicated to the renewable energy and sustainable resources sector. Pooja has held several board and committee positions, including on the boards of Vivint Solar and the American Council of Renewable Energy and the investment committees at Altus Power and Goldman Sachs' Special Situations Group. Prior to 2005, Pooja was an investment banker at Goldman Sachs. She holds a BS in finance from the University of Pennsylvania's Wharton School and a BAS in computer and cognitive science from the School of Engineering and Applied Sciences. In this episode, Simi explores Pooja's role as an influential investor shaping the future of energy at one of the foremost private equity firms in the world.For more episodes, visit us at southasiantrailblazers.com. Subscribe to our newsletter to get new episodes and updates on our latest events in your inbox. Follow us @southasiantrailblazers on Instagram, LinkedIn, Facebook, and Youtube.
In this episode of Engaging Alternatives Spotlight, Elana Margulies-Snyderman, Director, Publications, EisnerAmper, speaks with Marc Frishman, Managing Partner of Exagon Impact Capital, an ESG-oriented global infrastructure firm investing in Latin America and the Caribbean. Marc shares his outlook for ESG global infrastructure investing in Latin America and the Caribbean, including the greatest opportunities and challenges, how the firm is integrating DEI and more.
Continuing from previous episodes about encouraging global investment in green hydrogen, Patrick Molloy and Alicia Eastman speak with Ignacio de Calonje, Chief Investment Officer, IFC Global Infrastructure. Ignacio breaks down the role of the IFC and its relationship with other Multilateral Development Banks (MDBs) to encourage decarbonization and bespoke solutions for the Global South. Ignacio de Calonje:Ignacio de Calonje is the Chief Investment Officer (CIO) of the International Finance Corporation (IFC) Global Infrastructure Department. He is based in London, and amongst other responsibilities, co-leads the IFC Global Green Hydrogen Hub team. IFC established a Green Hydrogen Hub team to bring together IFC expertise across the low carbon value chain and evaluate opportunities in the area.In addition to this role, Ignacio also leads the IFC Sustainable Finance practice in the infrastructure space, focusing on supporting IFC clients to issue green, social, sustainability and sustainability-linked financial instruments. He is also responsible for managing a number of key IFC Western European clients in the energy and mining sectors. Prior to his posting in London, Ignacio was based in Istanbul, Cairo, and Washington DC. Ignacio has extensive experience in the field of international finance, having worked on numerous equity and debt investments in emerging markets. Ignacio was also a non-Executive Director of Alcazar Energy (a renewable energy company with 400 MW of solar and wind assets in operation in Egypt and Jordan) from 2019 to 2021 and non-Executive Director of Kuwait Energy (an oil & gas company with operations in Iraq, Egypt and Oman) from 2017 to 2019. Ignacio holds a BSc in Business Administration from Universidad San Pablo-CEU (Madrid) and a Masters Degree from Columbia University (New York).IFC:A member of the World Bank Group, the International Finance Corporation (IFC) is the largest global development institution focused on the private sector in developing countries. IFC advances economic development and improves the lives of people by encouraging the growth of the private sector in developing countries. IFC aims to achieve this by creating new markets, mobilizing other investors, and sharing expertise. In doing so, they create jobs and raise living standards, especially for the poor and vulnerable. Their work supports the World Bank Group's twin goals of ending extreme poverty and boosting shared prosperity.----Links:IFC - https://www.ifc.orgIFC Hydrogen Project in Barbados - https://pressroom.ifc.org/all/pages/PressDetail.aspx?ID=27193
In Episode 82, the 966 hosts fly solo and discuss some of the top developments of late on Saudi Arabia - and there are a lot of them. First, the hosts discuss Richard's One Big Thing, which is the readout of the recent call between the U.S. National Security Advisor, Jake Sullivan, and Saudi Arabia's Crown Prince Mohammed bin Salman. There were a lot of “Easter eggs” in that call's readout from the U.S. side, especially the focus on new priorities and less on the traditional dynamics of U.S.-Saudi relations. Next, the hosts discuss Lucien's One Big Thing this week, which is the Saudi-Iran thaw. When announced, the detente was surprising, and a timeframe of two months was declared. Lucien provides a timeline of what has happened since , and lays the foundation for a discussion on how Saudi Arabia's foreign policy has shifted in just a few weeks - not just on Iran, but on Iraq, Syria, Yemen, Lebanon, and others. Then the hosts finish up as always with Yallah! A discussion of six top storylines on Saudi Arabia from the previous week to get you up to speed headed into the weekend. 3:47 - Richard's One Big Thing is based on the readout of the recent call between the U.S. National Security Advisor, Jake Sullivan, and Saudi Arabia's Crown Prince Mohammed bin Salman. There were a lot of “Easter eggs” in that call's readout from the U.S. side, especially the focus on new priorities and less on the traditional dynamics of U.S.-Saudi relations.Here's what the Readout said from the U.S. side:“National Security Advisor Jake Sullivan spoke with Crown Prince and Prime Minister Mohammed bin Salman Al Saud of Saudi Arabia today. They discussed a number of global and regional matters, to include ongoing diplomacy related to ending the war in Yemen. Mr. Sullivan highlighted the remarkable progress in Yemen over the past year, during which fighting has nearly ceased under a UN-mediated truce. He welcomed Saudi Arabia's extraordinary efforts to pursue a more comprehensive roadmap for ending the war and offered full U.S. support for those efforts, noting that Special Envoy Tim Lenderking will be in the region over the coming days. Mr. Sullivan and Crown Prince Salman also discussed broader trends toward de-escalation in the region, while underscoring the need to maintain deterrence against threats from Iran and elsewhere. Mr. Sullivan reaffirmed President Biden's unwavering commitment to ensure Iran can never acquire a nuclear weapon. Mr. Sullivan and Crown Prince Salman committed to stay in regular contact and to accelerate contact between the Saudi and U.S. national security teams on issues including the Partnership for Global Infrastructure and Investment (PGII), clean energy cooperation, and development and investment in cutting-edge Open Radio Access Network (O-Ran) 5G and 6G technologies.”15:42 - Lucien's One Big Thing this week, which is the Saudi-Iran thaw. When announced, the detente was surprising and a timeframe of two months was declared. A timeline of what has happened since lays the foundation for a discussion on how Saudi Arabia's foreign policy has shifted in just a few weeks; not just on Iran, but on Iraq, Syria, Yemen, Lebanon, and others.30:32 - Yallah! 6 top storylines to get you up to speed heading into the weekend. Citigroup Sees Oil Falling Despite OPEC Efforts to Prop Near $80Oil prices are likely to fall below $80 a barrel even with OPEC's recent apparent efforts to support that level with unexpected cuts, according to Ed Morse, global head of commodities research at CitiGroup. Saudi Arabia's National Center for Privatisation (NCP) has announced the launch of 200 development projects across 17 sectors.The initiative will provide local and international investors with an opportunity for advanced preparation to ensure their readiness to participate in the projects tendered to the market. Schemes include four airports, seven desalination plants, six wastewater treatment plants and 10 strategic water reservoirs. According to HE Mohammed Al-Jadaan, Minister of Finance, these projects will increase the attractiveness of the economy, create opportunities for local and international investor and increase private sector contribution to GDP.Masters 2023: Jon Rahm won big, but so did LIV GolfJon Rahm was the day's biggest winner. But LIV Golf, the breakaway tour that's caused a civil war within golf's ranks, scored a major victory of its own this weekend. Derided as a tour for washed-up former stars and unknowns, a money grab for has-beens and never-was'es, LIV this weekend put three players in the top 6 — Mickelson, Brooks Koepka and Patrick Reed — and 12/17 players made the cut. Whatever else LIV may be, on this weekend the breakaway tour came up big. “We're still the same people,” said Koepka, who held the clubhouse lead for three rounds and three holes. “I think that's just manufactured by the media that we can't compete anymore, that we are washed up.”Hajj Minister: Makkah and Madinah now host 1.3 million foreign pilgrims and visitorsMinister of Hajj and Umrah Dr. Tawfiq Al-Rabiah said that Makkah and Madinah are witnessing a record number of foreign pilgrims and visitors and there are currently 1.3 million in the two holy cities. “All the procedures have been improved remarkably and there is a major qualitative shift in the movement of worshipers as well as in the facilities and services being provided to them inside the Two Holy Mosques.” he said while addressing a dialogue session as part of the first edition of the Manafea Forum, which kicked off here on Monday.Middle East debt issuances nearly triple in Q1 2023 as Saudis take leadMiddle East and North Africa (MENA) debt issuances nearly tripled year-on-year from January to March 2023 to $26.9 billion compared to the previous quarter, marking the highest start to a year by proceeds since 2011. This is a major shift since last year's total of $37.3 billion, the lowest full-year amount since 2011, according to American-British financial data company Refinitv. In Q1 of 2023, Saudi Arabia was the leading debt issuer in the MENA region.Saudi Heritage Commission Includes 190 New Antiquities Sites in National RegisterThe Saudi Heritage Commission approved the registration and documentation of 190 new archaeological sites in the national register of Antiquities. There are now 8,788 such locations in the national register across the country, representing a national legacy that reflects the historical richness of the Kingdom. Asir region has the largest number with 35, followed by Al-Jouf with 32, Tabuk with 31, Hail with 23, Al-Qassim with 22, and the Eastern Province with 20. Of the new registrations, 11 are in Jazan, 10 are in the Makkah region, five are in Al-Baha, and one is in Madinah.
Today's geopolitical climate, paired with the accelerating energy transition, means it is more important than ever to coordinate on international infrastructure investments. This episode of the New Security Broadcast features a recent Wilson Center panel discussion with Amos Hochstein, Special Presidential Coordinator for Global Infrastructure and Energy Security. Moderated by Mark Kennedy, Director of the Wilson Center's Wahba Institute for Strategic Competition, and Wilson Center Global Fellow Sharon Burke, the conversation explores what U.S. cooperation—with both developed and developing countries—should look like to ensure that the unfolding technology and energy revolutions contribute to diplomacy and benefit all countries. Select Quotes"We need to make sure that as we are going through a revolution in energy and a revolution in technology, everyone around the world gets to benefit from it and rises at the same time, and that the supply chains for those revolutions are diversified and secure."“We want there to be multiple hubs of production of critical minerals all the way to refining and the manufacturing...We cannot have a monopoly and a dominant position in the energy sector as we're building a new one, just to go through the same problems that we had and the same national security risks that we had in the 20th century. So what do we do about it? We have to invest across the board...We shouldn't come to countries and say, work with our companies or work with us just because it's us. We should do it because we have a better offer for them.""We have to have reform the international institutions that provide finance, because that is going to help us unlock the private capital that needs to come...If we can de-risk those investments and if we can provide support so that [the private sector is] not afraid of all three of the ESG components, and we do this through multilateral development banks, through governmental export and financial support institutions, then we can bring [private capital] along with us...That's one area where we can collaborate.”
Some Biden administration officials, notably Brett McGurk, White House coordinator for the Middle East, and Amos Hochstein, special presidential coordinator for Global Infrastructure and Energy Security, have been passing through Iraqi Kurdistan, encouraging Iraqi Kurds to sell oil to Turkey while arguing this will bolster US efforts to isolate Russia and Iran. Expert Michael Rubin, a senior fellow at the American Enterprise Institute and former Pentagon official, joins Thanos Davelis to break down why these energy schemes, primarily from officials like Amos Hochstein, are doing not only Iraq, but Iraqi Kurds and US interests from the Middle East to the Eastern Mediterranean a disservice.Read Michael Rubin's latest in the Washington Examiner: State Department does Iraq a disservice with energy schemesYou can read the articles we discuss on our podcast here:PM ends talks of elections before EasterDefense ministers agree to keep channels open
This episode of “A look into the Crystal Ball on the Future of Finance,” features Markus Berndt, Acting Managing Director of EIB Global at the EUROPEAN INVESTMENT BANK, and Yvonne Bendinger-Rothschild, Executive Director of the EACCNY. Mr. Berndt will outline the innovative approach behind the EU's Global Gateway, both in terms of the EIB's investment strategy, development & selection processes, as well as, on-the-ground execution and follow-through on the selected projects.Markus Berndt is the Acting Managing Director of the EIB's new branch for external activity, EIB Global, heading its operations. Prior to taking up his current position, Mr Berndt led the EIB's Group Strategy Department and held managerial positions in the Operations Directorate and the Economics Department. Before joining the EIB in 2008 as a financial sector expert for operations outside the European Union, Mr Berndt held positions at the International Monetary Fund, at the German Federal Ministry for Economic Cooperation and Development, and at the Corporate Finance and Strategy Practice of McKinsey and Company. Mr Berndt acquired his PhD in Economics in 2000 as stipendiary of the International Doctorate Programme in Law and Economics by the Max-Planck Institute and the University of Hamburg, during which he spent time as an invited research fellow at Harvard University.Yvonne Bendinger-Rothschild, Executive Director of the EACCNY since October 2010. Prior to joining, she has worked and consulted for a number of non-profits and for-profits where she significantly contributed to their growth by raising their public profiles, geographic foot print and relevance within their respective industries. In her roles, she has worked with clients and partners across the US, in Europe, Latin America and Asia.Her priority is to create value for its membership and help grow the organization and its influence on both sides of the Atlantic. To that extend she is spearheading EACC's international expansion strategy and is working with partners across the U.S. and Europe to identify & develop suitable locations and collaborators to expand the EACC chapter network.Thanks for listening! Please be sure to check us out at www.eaccny.com or email membership@eaccny.com to learn more!
How do developed countries deploy trillions of dollars in government money toward more sustainable infrastructure projects, and what's holding them back? Chris Lewis, the head of the Global Infrastructure team at EY joins the show to talk about which countries are doing it right, which industries have the most wind and money at their backs, and what governments need to do in order to accelerate progress. Plus, Big Money is putting big money to work in ESG funds and ETFs despite the backlash against the theme. We'll name names, and follow the money. LINKS FOR SHOW NOTES www.morganstanley.com/im/en-gb/intermediary-investor/investment-ideas/calvert.html www.iea.org/comme...n-2022 www.cdp.net/en/companies/companies-scores www.netzeroassetmanagers.org/signatories/ shareaction.org/ https://mn.gov/commerce/news/?id=17-563384 www.flgov.com/2023/...ments/ justcapital.com/ www.ey.com/en_gl/people/chris-c-lewis www.shell.com/investors/news-and-filings/sec-filings.html
By 2040, it is estimated that over $100 trillion of investment will be required to repair, modernize, and build new infrastructure assets critical to societies around the globe. Much of the necessary investment will come from publicly traded companies which are included in the MainStay CBRE Global Infrastructure Megatrends Fund, ticker MEGI. In this CEF Insights Podcast episode, CBRE Investment Management Principal and Portfolio Manager Hinds Howard discusses opportunities in this sector, the 2023 outlook, and more views on the current market. The investment goal of MEGI is to seek a high level of total return with an emphasis on current income. MEGI is managed by New York Life Investment Management, and CBRE Investment Management is the fund's subadvisor.
On today's episode of Human Events Daily, Jack is joined by Vice-President of Sales at My Patriot Supply, Joe Rieck, to discuss the recent Twitter Files and Yoel Roth's assistance in the destabilization of the public conversation, plus, Odesa has been PLUNGED into darkness while the Serbians are asking NATO to deploy troops along the border, meanwhile, as the holidays approach, there is seemingly no end in sight to the financial woes – will YOU be ready when tragedy strikes? All this and more on today's episode of Human Events Daily!Here's your Daily dose of Human Events with @JackPosobiec Save up to 65% on MyPillow products by going to MyPillow.com/POSO and use code POSO Go to www.itargetpro.com to get 10% off and free shipping with offer code POSO
Joining Keesa Schreane in the Green Room this week, logging on from Hong Kong, was Darrenth Hawken, Director of Global Infrastructure and Sustainable Finance at London Stock Exchange Group. Darrenth shared some of the findings of LSEG's latest 'Potholes on the Road to Sustainable Infrastructure' report, which highlights some of the major trends driving the current sustainable infrastructure investment marketplace, along with key data that will help refine the list of key players, flag the most important metrics to monitor and highlight the challenges looming for both investors and government sponsors. A record US$627 billion in sustainable infrastructure projects in the renewable energy and nuclear sectors were announced globally in 2021, up from US$275 billion in 2020. A total of 1,521 renewable and nuclear infrastructure projects were announced, up from 1,365 in 2020 and more than 3.5 times the total number of projects launched a decade ago. Solar projects are leading the way with a total of 863 new projects announced in 2021, followed by wind, which saw 442 new initiatives launched last year. Read the full report https://www.refinitiv.com/en/infrastructure-investing/insights/sustainable-infrastructure/full-report
Julian Emanuel, Evercore ISI Equity Derivatives & Quantitative Strategist, thinks the Fed is about to downshift. Amos Hochstein, Special Presidential Coordinator for Global Infrastructure and Energy Security, says the US still maintains ties with Saudi Arabia despite the “significant disagreement” over the OPEC+ decision to cut oil output. Jane Foley, Rabobank Head of FX Strategy, says central banks would love to see a reversal in dollar strength. Carl Riccadonna, BNP Paribas Chief US Economist, says the Fed is eager for a downshift. See omnystudio.com/listener for privacy information.
As Group of Seven leaders meet in Bavaria for the 2022 Summit, China, Russia and climate change are high on the agenda with several pledges made to counter their influence in the developing world. - Մինչ 7 մեծ տնտեսութիւն ունեցող երկիրներու առաջնորդները կը հանդիպին Պավարիայի մէջ 2022 Գագաթաժողովին համար, Չինաստանի, Ռուսաստանի և կլիմայի փոփոխութեան հարցերը կը գտնուին անոնց օրակարգի բարձրագոյն դիրքին վրայ: ԱՄՆ նախագահ Ճո Պայտըն տեղեկացուց համաշխարհային ենթակառուցուածքի գործընկերութեան մը մասին հակազդելու համար, զարգացող երկիրներուն մէջ, Չինաստանի ազդեցութեան:
As Group of Seven leaders meet in Bavaria for the 2022 Summit, China, Russia and climate change are high on the agenda with several pledges made to counter their influence in the developing world. - Մինչ 7 մեծ տնտեսութիւն ունեցող երկիրներու առաջնորդները կը հանդիպին Պավարիայի մէջ 2022 Գագաթաժողովին համար, Չինաստանի, Ռուսաստանի և կլիմայի փոփոխութեան հարցերը կը գտնուին անոնց օրակարգի բարձրագոյն դիրքին վրայ: ԱՄՆ նախագահ Ճո Պայտըն տեղեկացուց համաշխարհային ենթակառուցուածքի գործընկերութեան մը մասին հակազդելու համար, զարգացող երկիրներուն մէջ, Չինաստանի ազդեցութեան:
Japan urges 37 mil people to switch off lights | BBC NewsHistoric day in China: The NE province of Hebei reached a temperature of 44.2ºC at Lingshou | Extreme Temperatures Around the World on TwitterColorado River states need to drastically cut down their water usage ASAP, or the federal government will step in | Colorado Public RadioOceans saved us, now we can return the favor | France24G7 unveils Partnership for Global Infrastructure and Investment | NPR‘Get a real job': NSW deputy premier lashes out at Blockade Australia protestors | The GuardianChina's Renewable Energy Growth Outlook for 2022 Keeps Getting Bigger | BloombergI'm still not sure people understand how ginormous China's wind & solar plans are. This year it will install a record 156GW | Simon Evans on TwitterChina's largest NPP at Hongyanhe becomes fully operational | Nuclear Engineering InternationalGlobal biodiversity deal to halt nature loss stalls in Nairobi | ReutersIndia's Top Carmaker Bets on Hybrid Vehicle Over Electric Car in Clean Shift | BloombergRussia slashes environmental protections as war rages, economic crisis looms | The Barents ObserverEnergy treaty update fails to address climate crisis, activists say | The GuardianGermany Pushes for G7 Reversal on Fossil Fuels in Climate Blow | BloombergGovernment admits failing to ask EDF to keep Hinkley Point B nuclear power plant open to ease energy crisis | iNewsNew research reveals US gas pipeline leaks have not improved | ReutersWell run by Nigeria's Eroton spills oil and gas for over a week | ReutersLondon Climate Action WeekSource list- https://heavenly-sceptre-002.notion.site/Climate-Recap-June-28-a6a369e0da954c9f85e960e3e2d2c18f