Loans – Letras Enredadas http://letrasenredadas.com/ Sat, 04 Sep 2021 11:23:29 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://letrasenredadas.com/wp-content/uploads/2021/04/cropped-icon-32x32.png Loans – Letras Enredadas http://letrasenredadas.com/ 32 32 Purple Circle partners with three lenders https://letrasenredadas.com/purple-circle-partners-with-three-lenders/ https://letrasenredadas.com/purple-circle-partners-with-three-lenders/#respond Wed, 07 Apr 2021 01:04:01 +0000 https://letrasenredadas.com/purple-circle-partners-with-three-lenders/

The aggregator has welcomed three new lenders to its panel as it prepares to offer its members “innovative lending solutions”.

Purple Circle Financial Services has appointed three lenders as it aims to address accessibility issues to the housing market and small and medium-sized enterprises (SMEs).

The aggregator appointed the lender for the independent borrowers RedZed; the commercial, residential and self-directed (SMSF) pension fund lender (SMSF) Mortgage Mart and the commercial lending market Valiant Finance to its panel.

Commenting on the partnerships, Purple Circle COO Frank Paratore said, “The loan is not a one-off situation. Clients have different requirements depending on their situation, and we provide our members with a diverse panel of lenders to help them meet these different client requirements.

“As an aggregator, it is essential that we partner with innovative lenders who offer a wide range of products and services tailored to the ever-changing lending landscape, and it is essential that our members have a say with it. who we partner with. This allows us to provide better support and better service.

The addition of the three lenders follows Purple Circle’s announcement last year that it had added neobank 86,400 (which is in the process of being acquired by NAB) to the store aggregator’s panel of lenders.

In December 2020, Purple Circle reported that its colonies had grown by more than 51 percent in October, which followed a 14.33% increase in settlements in August 2020 and a 52.8% increase in settlements over the previous year.

[Related: RedZed joins aggregator panel]

Purple Circle partners with three lenders



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Posted: 09 February 2021

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Malavika Santhebennur

Malavika Santhebennur

Malavika Santhebennur is the Mortgage Securities Editor at Momentum Media.

Prior to joining the team in 2019, Malavika held positions at Money Management and Benchmark Media. She has been writing about financial services for six years.

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The Functional Chocolate Company Offers Decadent Chocolate Paired With Powerful Botanicals To Meet Daily Health Realities https://letrasenredadas.com/the-functional-chocolate-company-offers-decadent-chocolate-paired-with-powerful-botanicals-to-meet-daily-health-realities/ https://letrasenredadas.com/the-functional-chocolate-company-offers-decadent-chocolate-paired-with-powerful-botanicals-to-meet-daily-health-realities/#respond Wed, 07 Apr 2021 01:04:00 +0000 https://letrasenredadas.com/the-functional-chocolate-company-offers-decadent-chocolate-paired-with-powerful-botanicals-to-meet-daily-health-realities/

Decades of confectionery and nutrition development combine to create useful, condition-specific chocolate bars

EVERGREEN, Colo., February 9, 2021 / PRNewswire / – The functional chocolate company™ has launched a line of products to tastefully tackle the daily realities of health with decadent chocolate.

The functional bars of the chocolate company

By pairing gourmet chocolate with clinically researched ingredients and potent herbs that address specific symptoms, chocolate is doing more than ever before. These confectionery creations are designed to work synergistically to solve common problems – cramps, stress, hot flashes and more.

“We all share many of the same issues, regardless of age, size, color, style or attitude,” said Nicole smith, CEO, The Functional Chocolate Company. “When we’re not feeling our best, the last thing we want is a bitter pill with questionable side effects. Pairing chocolate with ingredients that are natural and helpful to deal with our daily realities is simply a better option.”

Functional Chocolate Company bars are made with 60% fair trade cocoa sourced from a cooperative of South American farmers. Made in the United States, these bars are 100% vegetable, vegan, dairy free, GMO free, cholesterol free and gluten free.

Initially, Functional Chocolate Bars will address the four most cited conditions that impact women – Rhythm chocolate for the SPM, Chocolate without worries for stress and anxiety, Hot chocolate for symptoms of menopause and Sexy chocolate for low libido. Additional formulations will be published in the coming months.

“Women face unique health issues, many of which remain underserved by traditional approaches to wellness and nutraceuticals,” explained Chris Peruzzi, COO and Formulator, The Functional Chocolate Company. “Combining chocolate with active nutraceuticals creates an indulgent and particularly effective experience, as the natural healthy fats in chocolate act as a carrier to improve the bioavailability of other ingredients, and of course, this makes it more likely that customers will consume it regularly for their best desired individual effects and benefits. “

Flexible and fully customizable individual packages, subscription and gift options are available at funcho.co. Look for Functional Chocolate Company products at your favorite outlets soon.

About The Functional Chocolate Company:

Founded in 2020, The Functional Chocolate Company is headquartered in Evergreen, Colorado. Through experience, we have learned that there is a better way to deal with the everyday realities of health by offering decadent and intentional chocolate to people who are actively practicing conscious wellness. The Functional Chocolate team brings together expertise in the areas of consumer product development, confectionery, nutraceuticals, women’s health and nutrition. Learn more about funcho.co.

Support resources:

Media inquiries:
Graham Sorkin
graham@funcho.co

###

The functional chocolate company logo

The functional chocolate company logo

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SOURCE The Functional Chocolate Company

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InventHelp Inventor develops an accessory to contain the mess in a litter box (BGF-2471) https://letrasenredadas.com/inventhelp-inventor-develops-an-accessory-to-contain-the-mess-in-a-litter-box-bgf-2471/ https://letrasenredadas.com/inventhelp-inventor-develops-an-accessory-to-contain-the-mess-in-a-litter-box-bgf-2471/#respond Wed, 07 Apr 2021 01:04:00 +0000 https://letrasenredadas.com/inventhelp-inventor-develops-an-accessory-to-contain-the-mess-in-a-litter-box-bgf-2471/

PITTSBURGH, March 29, 2021 / PRNewswire / – “My cat is spraying high on her litter box and wanted to create an accessory to prevent urine from damaging surrounding surfaces,” said an inventor, of Flushing, Mich., “So I invented the RS PET SHIELD. My design ensures that urine and litter waste are contained in the litter box.”

InventHelp logo (PRNewsfoto / InventHelp)

The patent pending invention provides an efficient means of containing litter and spray urine in a litter box. In doing so, it protects the surrounding surfaces. It also helps prevent unwanted messes and takes the hassle out of wiping and cleaning floors and walls around a litter box. The invention features a practical design which is easy to apply and use, so it is ideal for pet owners. In addition, it is achievable in design variants.

The original design was submitted to Bingham Farms InventHelp sales office. It is currently available for license or sale to manufacturers or traders. For more information, write Dept. 19-BGF-2471, InventHelp, 217 Ninth Street, Pittsburgh, Pennsylvania 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s invention submission services at http://www.InventHelp.com.

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Bajaj Finance Q3 review – Resumption of growth, a strong comment gives confidence: ICICI Direct https://letrasenredadas.com/bajaj-finance-q3-review-resumption-of-growth-a-strong-comment-gives-confidence-icici-direct/ https://letrasenredadas.com/bajaj-finance-q3-review-resumption-of-growth-a-strong-comment-gives-confidence-icici-direct/#respond Wed, 07 Apr 2021 01:03:59 +0000 https://letrasenredadas.com/bajaj-finance-q3-review-resumption-of-growth-a-strong-comment-gives-confidence-icici-direct/

BQ Blue’s special research section brings together in-depth and quality research reports on stocks and the economy from leading Indian brokers, asset managers and research agencies. These reports provide BloombergQuint subscribers with the opportunity to deepen their understanding of businesses, industries and the economy.

Driven by the Supreme Court’s status quo, the gross non-performing assets ratio fell to 0.55% from 1.03% QoQ and the net non-performing assets ratio stood at 0.19 % vs. 0.37% on a consolidated basis.

However, pro forma GNPA and non-performing net assets jumped to 2.86% and 1.22% respectively. The restructuring accounts for 1.4% of loans and includes provisions of Rs 397 crore.

The company plans to revert to the pre-Covid-19 NNPA by the first half of FY22, with the exception of auto finance activities which may take longer due to the value of the collateral under- underlying.

During the quarter, the company also proceeded with a one-time main write-off of Rs 1,970 crore, due to stress related to Covid-19.

Click on the attachment to read the full report:

ICICI Direct Bajaj Finance Q3FY21 Results Update.pdf

DISCLAIMER

This report is written by an external party. BloombergQuint does not guarantee the accuracy of its content and is not responsible for it. The content of this section does not constitute investment advice. For this, you should always consult an expert according to your individual needs. The opinions expressed in the report are those of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify or distribute the content without the permission of the original owner.

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Snapshot: Standard Motor Products Revenue https://letrasenredadas.com/snapshot-standard-motor-products-revenue/ https://letrasenredadas.com/snapshot-standard-motor-products-revenue/#respond Wed, 07 Apr 2021 01:03:59 +0000 https://letrasenredadas.com/snapshot-standard-motor-products-revenue/

Tuesday February 23, Standard Motor Products (NYSE:SMP) will publish its latest results report. Decipher the ad with help from Benzinga.

What are earnings, net income, and earnings per share?

Profits and EPS are useful measures of profitability. Total income, also known as net income, is equal to total income minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings and income

Analysts covering Standard Motor Products modeled quarterly EPS of $ 0.68 on revenue of $ 254.29 million. In the same quarter last year, Standard Motor Products reported EPS of $ 0.59 on revenue of $ 241.25 million.

What are analyst estimates and earnings surprises, and why are they important?

Analysts who cover the company will release forward-looking estimates of its revenue and EPS quarterly. By averaging each EPS and revenue forecast that each analyst makes on a company during a quarter, we get the “consensus estimates”. A business showing profit or revenue above or below the consensus estimate is known as “surprising results” and can move the stock by a considerable margin.

See more income on SMP

Wall Street’s consensus estimate for profits would represent a 15.25% increase for the company. Turnover would be up 5.4% compared to the previous year. Here’s how the company’s published EPS compared to analyst estimates in the past:

EPS estimate

1

0.32

0.47

0.55

Actual EPS

1.59

0.52

0.43

0.59

Income estimate

323.50 million

228.74 million

273.31 million

250.69 million

Actual turnover

343.61 million

247.94 million

254.30 million

241.25 million

Equity return

Standard Motor Products shares were trading at $ 40.78 as of February 19. Over the past 52 weeks, stocks have risen 10.3%. Since these returns are generally positive, long-term shareholders are likely happy with this earnings release.

Do not be surprised to see the action evolve on the words made during his conference call. Standard Motor Products is to hold the call at 11:00:00 a.m. ET and can be viewed here.

See more Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Loop Insights provides a Wallet Pass platform for the World Boxing Council (WBC) to engage fans for a championship fight broadcast in over 200 countries around the world. Combined social networks exceed 10 million subscribers. Other global combat events are expected to follow https://letrasenredadas.com/loop-insights-provides-a-wallet-pass-platform-for-the-world-boxing-council-wbc-to-engage-fans-for-a-championship-fight-broadcast-in-over-200-countries-around-the-world-combined-social-networks-exc/ https://letrasenredadas.com/loop-insights-provides-a-wallet-pass-platform-for-the-world-boxing-council-wbc-to-engage-fans-for-a-championship-fight-broadcast-in-over-200-countries-around-the-world-combined-social-networks-exc/#respond Wed, 07 Apr 2021 01:03:59 +0000 https://letrasenredadas.com/loop-insights-provides-a-wallet-pass-platform-for-the-world-boxing-council-wbc-to-engage-fans-for-a-championship-fight-broadcast-in-over-200-countries-around-the-world-combined-social-networks-exc/

Loop to provide global fan engagement services during the Canelo Championship bout against Yildirim on Saturday February 27 at Hard Rock Stadium in Miami

Passes for fans

Passes for fans

Passes for fans

VANCOUVER, British Columbia, February 25, 2021 (GLOBE NEWSWIRE) – Loop Insights Inc. (MTRX: TSXV) (RACMF: OTCQB) (the “Company” or “Loop”), a provider of contactless and intelligence solutions artificial intelligence (“AI”) to generate real-time information, improved customer engagement and automated tracking from sites to physical space, is pleased to announce an agreement with the World Boxing Council to provide the platform. Wallet pass form from Loop to interact with global boxing fans during the fight for the WBC Super Middleweight Championship, featuring champion Saul “Canelo” lvarez and challenger Avni Yildirim, at Hard Rock Stadium in Miami this Saturday February 27.

The highly anticipated championship bout, with WBA (Super), WBC and The Ring super middleweight titles in play, is broadcast in over 200 countries.

The WBC is a world-class sports organization often regarded as the most prestigious world title and has hosted some of the best high-level fights ever seen in boxing history.

President of the WBC, Maurico Sulaiman said: “This top-tier fight starring Saul“ Canelo ”Álvarez and Avni Yildirim provides the perfect opportunity for the WBC to leverage Loop’s engagement platform to connect in real time with our base The impressive capabilities of Loop will allow the WBC to deliver the right experience at the right time, while retaining critical information as we continue to grow our fan base throughout 2021, the year of boxing. .

Rob Anson, CEO of Loop Insights said: “Working with the World Boxing Council is a great honor that will allow Loop Insights to demonstrate the power of its large scale engagement and wallet pass platform. Loop’s automated data capabilities will provide an enhanced layer of engagement and interaction by guiding fans to WBC’s social media channels, ecommerce platforms and generating new WBC loyalty platform memberships, creating new sources of income for Loop and WBC. We believe this represents a paradigm shift in the vertical of global combat events and plan to announce further partnerships in the near future. “

“WBC FAN PASS” ENABLES WBC TO ENGAGE A FAN BASE AROUND THE WORLD, INCLUDING OVER 2 MILLION SOCIAL NETWORKS AND OVER 10 MILLION COMBINED SUBSCRIBERS ON FIGHT NIGHT

Under the terms of the deal, Loop will deploy its Engage platform to generate real-time engagement and omnichannel updates for the World Boxing Council’s global fan base. In total, Saul “Canelo” Álvarez, challenger Avni Yildirim and the WBC itself have over 10 million social media followers, providing Loop with a global opportunity to engage with fans around the world. while establishing scalable revenue streams.

Loop Insights’ automated engagement platform will revolutionize the fan onboarding experience for the WBC, enabling seamless fan acquisition and activation through the company’s pass Wallet technology. Click the link below to download your own personalized WBC Fan Pass for this weekend’s event: https://goloop.ai/WBC-FanPass-IR

Once integrated with Loop’s fan engagement platform, the WBC and its sponsors will have direct access to fans via a WBC-branded Fan Pass built on the mobile wallet app found on most smartphones. This full access pass will be updated to send omnichannel combat updates and promotions, including specials through DAZN streaming partners and discounts through official merchandisers, including reduced pricing on products from WBC brand sold through Title Boxing. The WBC Fan Pass is designed to display targeted promotions and marketing opportunities ‘above’ the lock screen of any smartphone, allowing consumers to access their pass without the need for an additional app. .

https://youtu.be/ACp4rHWqEPc

Loop’s Fan Engagement Platform is designed to seamlessly guide customers through the buying journey, increasing fan spend and revenue through:

BEYOND COMBAT NIGHT ENGAGEMENT AND ACTIVATION
Following Álvarez vs. Yildirim, Loop’s Fan Access Pass will maintain a direct line of communication between the WBC and its fans, allowing the WBC to communicate directly with its global fan base via their smartphones.

This press release is available on the verified Loop Insights forum on AGORACOM for shareholder discussion and management engagement https://agoracom.com/ir/LoopInsights/forums/discussion

About the World Boxing Council

The World Boxing Council is boxing’s elite sanctioning body and has as its highest priority the working and protecting the safety and health of athletes inside and outside the boxing ring. The WBC was founded in 1963 and now includes 165 countries around the world. Some of their biggest champions include Muhammad Ali, Mike Tyson, Julio Cesar Chavez, Oscar de La Hoya, Sugar Ray Leonard, Floyd Mayweather, and Manny Pacquiao, among others.

About Loop Insights

Loop Insights Inc. is a Vancouver-based Internet of Things (“IoT”) technology company that provides transformative artificial intelligence (“AI”) automated marketing, contact tracing and contactless solutions to the space of brick and mortar. Its unique IoT device, Fobi, enables data connectivity between online and on-premises platforms to deliver real-time, detailed information and automated, personalized engagement. Its ability to seamlessly integrate into existing infrastructure and tailor campaigns to suit each vertical sector, creates a highly scalable solution for its potential global clients that span multiple industries. Loop Insights operates in Telecommunications, Casino Games, Sports & Entertainment, Hospitality & Retail, Canada, USA, UK, Latin America, Australia , Japan and Indonesia. Loop’s products and services are supported by Amazon’s partner network.

For more information please contact:

Loop Insights Inc.

BOUCLE website: www.loopinsights.ai

Rob Anson, CEO

Facebook: @ LoopInsights

T: +1 877-754-5336 Ext. 4

Twitter: @ LoopInsights

E: ir@loopinsights.ai

LinkedIn: @ LoopInsights

This press release contains certain statements that constitute forward-looking statements or information, including statements regarding the business and technology of Loop; Loop’s ability to engage with industry participants to achieve its goals; the development of Loop technology; and the viability of Loop’s business model. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Loop’s control, including the impact of general economic conditions, industry conditions, competition from other industry players, volatility equity markets and the ability to access sufficient capital from internal and external sources. Although Loop believes that the expectations contained in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be incorrect. These factors and assumptions are based on information currently available. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in forward-looking statements. As such, readers are cautioned not to place undue reliance on forward-looking statements, as no assurance can be given as to future results, levels of activity or achievements. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by applicable law, Loop undertakes no obligation to publicly update or revise any forward-looking statements included. whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in Loop securities should be viewed as highly speculative. There can be no assurance that Loop will be able to achieve any or all of its proposed objectives.

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

A photo accompanying this announcement is available on https://www.globenewswire.com/NewsRoom/AttachmentNg/3ecd81f9-7b76-450d-ac32-4bc4eb629d2b

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Fed’s Rosengren says US economy could experience robust recovery in second half of 2021 https://letrasenredadas.com/feds-rosengren-says-us-economy-could-experience-robust-recovery-in-second-half-of-2021/ https://letrasenredadas.com/feds-rosengren-says-us-economy-could-experience-robust-recovery-in-second-half-of-2021/#respond Wed, 07 Apr 2021 01:03:58 +0000 https://letrasenredadas.com/feds-rosengren-says-us-economy-could-experience-robust-recovery-in-second-half-of-2021/

Jan. 12 (Reuters) – The US economy could see a strong rebound in the second half of this year as vaccines become widely available, but the virus continues to stimulate the economy and monetary policy will remain accommodative, the president said. Boston Federal Reserve, Eric Rosengren. Tuesday.

“The pandemic will likely continue to be a problem for public health and the economy until widespread immunizations take hold,” Rosengren said in remarks prepared for a virtual event hosted by the Greater Chamber of Commerce. Boston. “Nonetheless, with substantial fiscal and monetary support, I expect a robust recovery from the second half of this year.”

Rosengren said he expects consumption to increase and the unemployment rate to drop in the second half of the year as vaccines are distributed.

Low interest rates are expected to continue to support the housing market and the labor market could post solid gains over the next two years, Rosengren said. But he doesn’t expect inflation to hit the Fed’s 2% inflation target in that same time frame, suggesting that short-term interest rates should remain “very accommodating.” did he declare.

Rosengren also offered an update on the Fed’s Main Street Lending Program, which has seen increased demand and participation in its past month.

More than 1,800 companies used the program last year, taking out more than $ 16.5 billion in loans, Rosengren said. The program also saw a last-minute increase in lender participation, with around 45% of the total pool of lenders participating in December for the first time.

The program, aimed at small and medium-sized businesses needing credit to weather the recession triggered by the coronavirus pandemic, was closed on January 8. (Report by Jonnelle Marte edited by Chizu Nomiyama)

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Statement by Minister Chagger on Holi https://letrasenredadas.com/statement-by-minister-chagger-on-holi/ https://letrasenredadas.com/statement-by-minister-chagger-on-holi/#respond Wed, 07 Apr 2021 01:03:57 +0000 https://letrasenredadas.com/statement-by-minister-chagger-on-holi/

Today, many Canadians celebrate Holi, the festival of colors.

OTTAWA, ON, March 28, 2021 / CNW / – Today, Hindu communities in Canada and all over the world celebrate Holi. Also known as the Festival of Colors, this important festival marks the arrival of spring.

Holi is a time of reflection, optimism and hope for the year ahead, a time to celebrate the hope that the renewal of the seasons brings. Traditionally, bonfires light up this festival as people sing, dance, share food and sprinkle each other in bright colors. As we continue our fight against the COVID-19 pandemic, the celebrations will be held according to local public health guidelines, but I have no doubt that they will be just as colorful and vibrant.

With its message of peace and friendship, Holi is one of the most celebrated holidays in South Asia and in many countries of the world. Let us take the time to recognize and celebrate the important contributions of Hindu communities in Canada to all aspects of society.

As Minister of Diversity and Inclusion and Youth, I wish everyone who celebrates Holi a very happy festival. Keep yourself well and safe. Holi Hai!

SOURCE Canadian Heritage

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Governor Baker awards grants to 1,100 small businesses https://letrasenredadas.com/governor-baker-awards-grants-to-1100-small-businesses/ https://letrasenredadas.com/governor-baker-awards-grants-to-1100-small-businesses/#respond Wed, 07 Apr 2021 01:03:55 +0000 https://letrasenredadas.com/governor-baker-awards-grants-to-1100-small-businesses/

PLYMOUTH (Mass.gov) – Governor Charlie Baker, Lieutenant Governor Karyn Polito and Housing and Economic Development Secretary Mike Kennealy joined small business owner Raquel Mullaney and state and local officials representing Plymouth to announce an additional $ 45.3 million in grants to 1,100 small businesses in the fifth round of awards under the COVID-19 Small Business Grants Program administered by the Massachusetts Growth Capital Corporation (MGCC). Among the key industries most affected by the pandemic, restaurants, bars and retail stores are the main groups to receive grants. Today’s announcement took place at 1620 Winery, located at Cordage Park in Plymouth, which received a Small Business Grant in a previous award round.

To date, the Baker-Polito administration has provided more than $ 277 million in direct financial support to 5,857 small businesses. This funding was made available through a $ 668 million company relief fund implemented in December 2020, as well as $ 50.8 million for diversified small businesses included in the economic stimulus package announced in October of last year.

Additional grants will be announced in the coming weeks for thousands more businesses.

“Our administration remains committed to meeting the needs of businesses as we continue to navigate the pandemic and its economic impact,” Governor Charlie Baker said. “We are delighted to award this latest round of grants to help a total of more than 5,800 small businesses cover expenses such as payroll, rent and utilities, and we look forward to putting more funds between them. hands of small businesses in the Commonwealth as soon as possible. to support their recovery.

“Our small businesses have been challenged throughout this crisis, and each has played an important role in stopping the spread of this deadly virus,” he added. said Lieutenant Governor Karyn Polito. “Since the first requests for help came in, we’ve been working to prioritize small business owners who need the help the most, and I’m proud to see so many women-owned businesses, as well as industries, priorities, included in this cycle. scholarships.

“Before the pandemic, our administration had already identified opportunities to improve access to capital, space and networks for women-owned and minority-owned businesses, and our work today aims to ensure that these companies are moving on the other side of this crisis, ” Housing and Economic Development Secretary Mike Kennealy said. “The MGCC will continue to expertly administer these two grant programs to provide cash assistance to struggling businesses, as well as partner with organizations in Massachusetts to help these businesses tap into new federal resources. ”

Regardless of this round of small business grants, the MGCC continues to review applications submitted for its sectoral small business assistance grant program. Based on the success of the CRJM’s first grant program targeting small businesses, the sector program targets businesses in sectors experiencing the greatest economic difficulties, regardless of the number of employees.

Industries that will be prioritized in the new program include:

  • Restaurants, bars, caterers and food trucks;
  • Indoor leisure and entertainment establishments;
  • Gyms and fitness centers;
  • Event support companies (photographers, videographers, etc.);
  • Personal services (nail salons, hair salons, independent pharmacies, etc.);

Sector-specific applicants can review the status of their application through the Submit Portal available at www.empoweringsmallbusiness.org. The allocation notifications for the sector program will be made in February.

Small Business Technical Assistance Grant Program

The Baker-Polito administration and Massachusetts Growth Capital Company also announced nearly $ 5 million in small business technical assistance grants to 63 nonprofits across the state. The state funded Small Business Technical Assistance Grant Program, administered by the MGCC, aims to expand economic and entrepreneurial opportunities in underserved communities across the Commonwealth.

These technical assistance grants allow nonprofits across Massachusetts to provide essential services such as on-demand assistance from pandemic grant and loan programs, such as the Paycheck Protection Program (PPP). , as well as personalized assistance in business management, financial training, access to COVID -Capital and loan packaging services to underfunded small businesses in urban and rural communities. Grant recipients, selected through a competitive process, are as diverse as the businesses they serve, including community development corporations, micro-lenders, and chambers of commerce.

Since fiscal 2015, the program has awarded more than $ 15 million in grants. These funds have directly benefited more than 15,000 jobs and served more than 12,500 small businesses, including 2,682 startups across Massachusetts.

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Biden’s cabinet picks say US will oppose China’s trade abuses https://letrasenredadas.com/bidens-cabinet-picks-say-us-will-oppose-chinas-trade-abuses/ https://letrasenredadas.com/bidens-cabinet-picks-say-us-will-oppose-chinas-trade-abuses/#respond Wed, 07 Apr 2021 01:03:55 +0000 https://letrasenredadas.com/bidens-cabinet-picks-say-us-will-oppose-chinas-trade-abuses/

The choices of President-elect Joe Biden to lead economic and foreign policy signaled Tuesday that there would be no slack in Washington’s efforts to tackle China’s trade abuses.

The new administration’s comments reflect unusual common ground with outgoing President Donald Trump, who over the past four years has unleashed an aggressive and costly trade war that has imposed billions of dollars in punitive tariffs on Chinese products.

Janet Yellen, Biden’s choice for Treasury secretary, and Antony Blinken, who was chosen to head the State Department, nevertheless highlighted areas of difference, particularly the new administration’s commitments to work with allies. of the United States and to promote investment to make American businesses and workers more competitive against Beijing.

Responding to questions from the Senate Finance Committee during its confirmation hearing Tuesday, Yellen called China “our most important strategic competitor.”

She accused Beijing of “undermining American businesses” by offering illegal subsidies, selling products at below-market prices, stealing intellectual property and erecting barriers to American exports.

“We must tackle China’s abusive, unfair and illegal practices,” she said, adding that “we are ready to use the full range of tools” to resolve these issues.

Speaking the day before Biden took office, she also pledged to monitor the national security implications of China’s theft of “trade secrets” and “illegal efforts to acquire critical technology”.

Biden’s transition team pressed for her “quick confirmation” in a statement after her testimony, saying Yellen “has demonstrated that she is the bold and experienced leader needed to head the Treasury to begin to better rebuild our country. economy”.

Blinken told the Senate Foreign Relations Committee, “President Trump was right to take a tougher approach towards China,” but added, “I totally disagree with the way he’s been doing it. is caught up in a number of areas ”.

– Invest in America –

Unlike Trump, who withdrew from multilateral organizations and attacked the trade policies of US partners and adversaries, Yellen stressed that it will be important to “work with our allies” to tackle the challenge posed by China.

Democrats have complained bitterly for years about the exodus of jobs and industry to the Asian country. Trump, a Republican, doubled down on those complaints and won the support of many workers.

In a farewell speech on Tuesday, the outgoing president defended his record, saying he had exerted unprecedented international pressure on Communist rival Washington.

“We have revitalized our alliances and rallied the nations of the world to stand up to China like never before,” Trump said, according to excerpts released by the White House.

But he has in fact systematically acted unilaterally, while withdrawing and crippling the World Trade Organization, which enforces the rules of world trade.

Biden, a Democrat, has also pledged to stand up for American workers and manufacturing and, under his slogan “Build Back Better,” is expected to come up with a stimulus package soon that includes massive investments in infrastructure.

Yellen said the policy would help push back Beijing’s economic challenge.

Washington must “make investments that allow us to compete with China (…) by investing in our infrastructure, investing in our people and creating a more competitive economy,” she said.

– Currency manipulation –

Trump, like other administrations before him, also accused China of keeping its currency artificially low in order to make its products cheaper and gain a trade advantage, and Yellen underscored Washington’s opposition to the practice.

The value of the US dollar against other currencies “should be determined by the markets,” Yellen said, while promising “to oppose any attempt by foreign countries to artificially manipulate the value of currencies to gain an unfair advantage in trade “.

She also told senators that global digital tax negotiations under the auspices of the Organization for Economic Co-operation and Development are important for Washington to levy taxes on companies that have moved their headquarters overseas.

“This would allow us to collect a fair share of businesses, while maintaining the competitiveness of our businesses and decreasing the incentives that US businesses now have to outsource,” Yellen said.

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