Category: Business

Governors Of The IDB Call For Increase In Private Investment, Reports Felipe Montoro Jens

On March 24, 2018 the Governors of the Inter-American Development Bank (IDB) met to discuss the possibility of increasing private investment in certain sectors, including, among others, banking and infrastructure.

The Governor’s individual views were as follows:

Minister of Planning, Development, and Management: Dyogo Oliveira

Oliveira proposed encouraging private investments in Latin America as a means of managing risk and bolstering the development of infrastructure in the region.

An increase in investment is also required to meet the demands of the next approaching revolution in Latin American Industry.

According to Oliveira, investment from the IDB has led to an increase in public-private partnerships, which are in line with the goals and best practices of the IDB and Latin America as a whole.

President Of The IDB: Luis Alberto Moreno

Investing in the connectivity between countries is also a priority for the IDB, points out Luis Alberto Moreno. Because investments in inter-country connectivity is lacking, the IDB will struggle to meet the needs of the region without further investment.

The IDB has also responded to the social demands of the region, and has made steps toward gender equality and environmental responsibility, according to Luis Alberto Moreno.

Ministry Of Planning: Important Facts

• 1,000 Public-private partnerships approved in the last decade
• Projects valued at $360 billion
• Many projects unable to make use of capital
• Loans to Brazil from the IDB increased 20%, totaling 12.9 billion.

Summary of All Views

• An Increase in Private Investment is needed to support regional growth
• Private Investment is also required to support inter-regional commerce
• Public-Private partnerships financed by IDB support regional and inter-regional growth and development
• Loans from the IDB are up 20%
• 1000 public-private partnerships have been funded by the IDB in the last decade
• Many public-private projects are unable to mobilize capital funds, presumably including IDB loans, according to the Ministry of Planning, Development and Management

Learn more: http://maringa.odiario.com/politica/2018/03/veja-com-felipe-montoro-jens-cidade-mineira-investe-em-ppp-para-estimular-o-lazer-e-a-pratica-de-atividades-fisicas-da-populacao/2476577/

Louis Chenevert Breaks the Mold

“You are only as good as the sum of your team,” were words spoken by Louis Chenevert – one of the most profound and influential Chief Executive Officers to ever take the helm at United Technologies Corporation. While Louis Chenevert eventually rose to the top of the multinational conglomerate, United Technologies Corporation, his ascension did not occur overnight, as he is a product of somewhat meager beginnings. Throughout the course of his career, which has seen many major successes, including revolutionizing the aerospace industry during his time at Pratt & Whitney Canada, as well as with United Technologies Corporation, Louis Chenevert has relied on hard work and dedication in order to see his goals through. Louis Chenevert was born in Quebec, Montreal in 1958, and as a youth, he quickly developed his skill for entrepreneurship and business, eventually landing at the University of Montreal, where he attended HEC Montreal Business School where he majored in production management.

It was during Louis Chenevert’s tenure with General Motors where he was in charge of the assembly line, that he learned many of the skills that would later help him to transform United Technologies Corporation, and the aerospace industry as a whole, with the introduction of the geared turbofan engine. After fourteen years with General Motors, Louis Chenevert became a part of the team at Pratt & Whitney Canada, a subsidiary of Pratt & Whitney, in 1993. By 2006, Mr. Chenevert had joined United Technologies Corporation, the parent company of Pratt & Whitney, bringing with him his visions for what was once considered to be a “pet project,” the new geared turbofan engine. With the introduction of the geared turbofan engine, emissions were decreased by nearly 20 percent, while fuel consumption was cut in half, helping to establish United Technologies Corporation as a leader in the aerospace industry.

http://www.yachtingmagazine.com/louis-chenevert-horizon-yachts-P105-design

The Life and Career of Louis Chenevert, the Former UTC CEO, and Chairman

Louis Chenevert, a Canadian businessman, gained a lot of fame, success, and recognition during his time at United Technologies Corporation where he was the firm’s, CEO and the Chairman. Recently, Mr. Chenevert was interviewed by IdeaMensch where he recounted his life and successful business career.

Early life and before UTC

According to Louis, the star in his career shined when he joined UTC. Before UTC, he had previously worked in various companies in different capacities. For the period between 1999 and 2006, he served as the president of Pratt & Whitney. He had joined Pratt & Whitney in 1993 from General Motors where he had worked for 14 years. His time at General Motors saw him rise in the ranks to become the head of St. Therese operation center. Louis also shortly worked at Goldman Sachs at the beginning of his career. He attended Hautes Études Commerciales (HEC) where he graduated with a Bachelor of Commerce.

The star of UTC

Louis Chenevert joined UTC in March 2006 and became the firm’s President, Director and Chief Operating Officer. In April 2008, he was promoted to the CEO position and Re-elected as President. In January 2010 he was named the Chairman a position which he held until November 2014 when he retired. He says that apart from leading UTC, as the CEO he was responsible for deciding which ideas developed by his team were best suited for the development and growth of the company. According to Louis, his success at UTC was substantially supported by the great team of employees who worked under him. He says at the time, all they wanted was to meet there customers’ demands excellently.

A concise differentiation between the aerospace and aviation industries: https://t.co/tLCMmMyaeq

— Louis Chenevert (@louis_chenevert) October 19, 2017

Mr. Chenevert memorable achievements at UTC

During the interview, he revealed that he considers the following as his most prominent career achievements at UTC.

1. a) Bringing to life new technology that was crucial in the development of industry-changing narrow-bodied airplanes like the Airbus A-320 and the Bombardier C.
2. b) Revolutionizing the propulsion of military jets engines for good with the invention of the F135 engine.
3. c) Bring to life the GTF engine technology which helped reduce the cost of engine management and maintenance.

Undoubtedly, Louis is not only a great businessman but also an admirable revolutionist.

https://www.forbes.com/lists/2012/12/ceo-compensation-12_Louis-R-Chenevert_FTA5.html

CIO Sahm Adrangi Explains His Negative Views On Proteostasis Therapeutics

Kerrisdale Capital Management’s Sahm Adrangi issued a report in support of his decision to short the stock of Proteostasis Therapeutics, Inc. This is a biopharmaceutical firm who has a drug in development called PTI-428. The value of this company largely depends on the success of this one drug which is being clinically studied to treat cystic fibrosis. Their stock doubled when the FDA designated PTI-428 as both a Breakthrough Therapy and as an Orphan Drug. However, the analysts working for Sahm Adrangi say that this drug is in all likelihood ineffective and will never be released.

There are two main problems with PTI-428, Sahm Adrangi says. The first is that his analysts have shown that the pattern of data for this candidate drug is of low quality. Secondly, he says that Proteostasis Therapeutics has been omitting some critical information in their public disclosures. He said this company released their Phase 2 clinical trial results in December 2017 which claimed that PTI-428 showed improved lung function over the results of a placebo.

However, Sahm Adrangi says that once his analysts dug into the details they saw that these Phase 2 results are not nearly as meaningful as investors have been led to believe. He said the drug didn’t actually improve patient’s health, it was that the four patients who had taken placeboes did very poorly which made PTI-428 look a lot more effective than it actually is. Phase 1 had shown the PTI-428 didn’t improve lung function in any meaningful way and in reality that was what Phase 2 confirmed. Later in the day after he issued his report Sahm Adrangi had held a teleconference in order to further explain his negative position on Proteostasis Therapeutics.

After graduating from Yale University with a bachelor of arts in economics, Sahm Adrangi found his first position at Deutsche Bank. He went on to work for two other investment firms before founding Kerrisdale Capital Management and starting his own hedge fund. He says his personal investment style is value. His company now manages $300 million which is mostly in long-term value investments. The rest is shorting the stocks of companies that he sees as overvalued.

http://www.valuewalk.com/2017/11/sahm-adrangi-kerrisdale-capital-luxoft/

Jeff Yastine Believes The Cybersecurity Sector Is Offering Excellent Opportunities For Investors

Jeff Yastine believes when it comes to cybersecurity the best option is to follow the money. He also uses this philosophy as a basis for investments. He says when there is a lot of money being funneled into stocks the price will increase. He also feels this makes his job as an investor much simpler and easier. This philosophy relates extremely well in regards to cybersecurity. Jeff Yastine has spoken of the $7.6 billion in investments made in startups in comparison to just $3.8 billion from the previous year. Venture capitalists have become interested in 548 companies and this is where their money is going. There has been an increase in investments of 17 percent since 2016. Follow Jeff Yastine on Medium.

There was a prediction Jeff Yastine has spoken of made several years back. The expectations were the money being spent on cybersecurity would undergo a sharp increase. The figure predicted was twelve to fifteen percent until the year 2021. The prediction also stated the world would be spending in excess of a trillion dollars on cybersecurity. Jeff Yastine sees the opportunities present in the cybersecurity sector. A good example was the breach experienced by Equifax. Approximately 145 million people were placed at risk due to the information stolen from the agency through the computers.

There have been numerous flaws identified in company processors. They have been given the nicknames of Spectre and Meltdown. Jeff Yastine believes this guarantees a lot more money will be spent on cybersecurity now and in the future. The Total Wealth portfolio contains a lot of cybersecurity stocks for a reason. During the past four months alone aggregate has shown gains as high as fifty percent. Jeff Yastine has already recommended ETFMG Prime Cyber Security. The shares have shown an increase of twelve percent since August. Jeff Yastine continues to tell investors about the opportunities currently available in the cybersecurity realm. Visit stockgumshoe.com to know more.

There is a lot of speculation regarding the current value of cryptocurrency. The blockchain technology has already been subjected to experimentation by investors to improve and enhance the security features. Since the news has broken regarding the many security issues being experienced by prominent companies the firms manufacturing digital sensors and chips have been impacted. They are investing in new fixes to prevent potential flaws in the future. Jeff Yastine is encouraging investors to take a serious look at the cybersecurity sector because he believes these investments will have a nice return. Check: https://angel.co/jeff-yastine

Michael Lacey

The mathematical genius, professor, mentor, and researcher Michael Lacey is known around the world for his efforts to advance the mathematical community. Considered an expert in pure mathematics, Michael Lacey has given hundreds of presentations of different areas of mathematics throughout his long career.

After graduating from the University of Illinois at Urbana with a Ph.D. in mathematics in 1987, he took an Assistant Professor position at Louisiana State University in Baton Rouge for a year before he went to the University of North Carolina. It was at the University of North Carolina that Michael Lacey and his post-doctoral mentor Walter Philipp presented their proof of the central limit theorem.

While at Indiana University from 1989 to 1996, he received the National Science Foundation Post-doctoral Fellowship. Read more: Michael Lacey |Math Alliance and Michael Lacey | Wikipedia

He earned the Salem Prize with Christoph Thiele for their work on the bilinear Hilbert transform during this fellowship. This prize is coveted by many as it has been presented to several people that would later go on to earn the Fields Medal in their respective fields.

While his work has touched on ergodic theory and probability after graduation, his work on harmonic analysis has earned him acclaim in the mathematical community around the world. He and his department have been given hundreds of thousands in grants and contracts to continue work on the subject.

Harmonic analysis is used in many applications such as neuroscience and quantum mechanics and involves representing functions as basic waves.

Michael Lacey was brought on to the Georgia Institute of Technology in 1996 as an untenured Associate Professor and quickly advanced. Today, he is a Full Professor and also the Associate Chair of Faculty for the School of Mathematics.

As a Full Professor at Georgia Tech, he has mentored 10 post-doctoral students and dozens of other students who have gone on to do great things within the field of mathematics in academia and the industry. He is so dedicated to his students that many of them personally thank him for their success.

Learn more about Michael Lacey: https://en.wikipedia.org/wiki/Michael_Lacey and https://www.math.gatech.edu/people/michael-lacey

Igor Cornelsen Makes Investing Easier For Beginners

Igor Cornelsen is well-known for his experience in investing. He has worked with commodities and foreign exchange. Igor’s methods have guided many of his clients to long-term financial success. Igor Cornelsen advises people on how to invest in damaged stock instead of damage companies. Stocks come at a very cheap price and will earn the investor revenue over the long-term.

Cornelsen spent years as a proprietor of Bainbridge Inc. Igor held several high-ranking banking positions in Brazil before eventually retiring in 2010. He lives in South Florida and still invests as a hobby.

Only experts should be involved with investing commodities and foreign exchange. Igor Cornelsen perfected this skill set a long time ago. He demonstrated his talents at Bainbridge Group.

Investing correctly involves a great deal of effort and also comes with tremendous risk. Beginners should study the process very carefully and learn how the investment vehicle operate. Losing money is a possibility and should be taken very seriously. However, education can reduce the amount of risk that goes into making any type of investment. Igor Cornelsen teaches that investors should not lose money. The point of investing is to make money. So a business deal that is not earning a profit should be canceled immediately.

Portfolio diversity also helps minimize risks for investors. A diversified portfolio is one that has risky investments mixed in with more secure ones. This provides investors with many different avenues to earn a profit. Read more at wikidot.com to know more about Igor Cornelsen.

New investors should always seek the advice of an advisor before entering into the investment field. The information from an investor will prevent some unnecessary losses that will occur from a lack of education. When the investor feels comfortable making transactions on their own then they are free to start using their instincts to conduct investment business.

Investing early is a great way to build financial wealth. Igor advises young people who are new to the workforce to start investing immediately. Many of them are so focused on their careers that they lose sight of the importance of saving. Investing money and having income earn revenue early will provide great benefits in the long run.

For more information, Click:https://www.resume.com/igorcornelsen

A Wise Word to Tesla from Jeff Yastine

As a matter of proficiency and professionalism, when Jeff Yastine speaks on all matters financial it is a good idea to listen to him. His experience is as editor for Banyan Hill Publishing his previous experience is with PBS. As a TV anchor for the Nightly Business Report, people know that his advice can steer them clear of trouble or guide them to benefit.

His reports in the past are known to yield warnings to such events as the dotcom burst and the turbulent times at the turn of the new millennium. But, he is not some flash in the pan or a stubborn upstart who knows it all. In fact, quite the opposite is true, and some of his mentors and the biggest names and teachers to rub elbows amongst in the financial field. These leaders include Warren Buffett, Michael Dell and Sir Richard Branson just to name a few. Check out on youtube for more updates.

But of course, Jeff Yastine would not be editor of Banyan Hill Publishing or even a renowned professional worthy to keep company with some of the biggest players out there, if he didn’t do something extraordinary himself. He advises investors with different amounts and types of resources in the best way to diversify their earning potential and portfolios. He does this in a not so Socratic way,which uses a simple question lecture model, but he is more of a herald who brings words of comfort at times and at other times he questions the behaviors of others in business world.

For Tesla, he has a question regarding their electric car. First things first, it’s good to know that Jeff actually finds these cars to have an attractive look and a style that most people can go for. But when it comes to fully reaching the company’s potential and benefiting mankind, Yastine says Tesla needs to dump the electric car and get into where the real action can be found. This is energy storage. Read more on Jeff Yastine’s Prediction of April 30^th Historic Fed Move, click here:

And as a model example, Australia pretty much has the problem whipped. In about a third of a year, the country has neatly lined coils which are trapping energy and can release it with potential that is nearly off the scale. This output potential is receiving a definite boost from other countries following the energy storage models such as Germany with the company Daimler who is making a multibillion-dollar investment to stay ahead of the curve and get their foot in the door on a groundbreaking revolution for energy and technology at the same time. Jeff Yastine team points to these few examples for solid evidence to support his advice to Tesla.

Learn more: https://www.bloomberg.com/research/stocks/private/person.asp?personId=332074010&privcapId=109183793&previousCapId=109183793&previousTitle=The%2520Sovereign%2520Society

The Eminent Gregory Aziz

The National Steel Car has been rated as the best company in the United States of America. The company has been ranked as the best in tank and rail road manufacturing industry. Greg Aziz Chief Executive Officer of the company contains hundreds of years’ experience in the manufacturing and engineering sector. The customers of the company have propelled the company to greatness in that they have constantly used their services.

The National Steel Company has been diverse in its activities. The management and the staff of the company have come up with innovative ideas to develop the company. The customers who are dynamic in nature have ensured that the company continues to exist. They have provided excellent support to the individuals. The shareholders in the company have encouraged the concerned individuals in the company to be self-driven in their work. Visit This Web Page for more.

The management of the National Steel Company has raised their expectations so that they are able to offer quality results. The individuals have constantly purposed in providing the best services to their customers. This virtue has enabled them customers to trust them always. The staff of the company has always kept time in delivering the cars to their customers. The cars delivered usually are of great performance.

The company has over the years demonstrated its success through the numerous awards that they have been awarded. The TTX SECO Awards were awarded to the management while it was also ISO certified enabling the company to be the only one in the North America to receive the award. The stakeholders and the suppliers of the company have worked tirelessly to ensure they post great results.

Gregory James Aziz is the president of the company. Greg Aziz has instilled great values in the management and staff of the company where they have to respect their past traditions. James Aziz has poised the company to always win regardless of the success they have achieved before. The Hamilton is the place where the company is located. Under the leadership of James Aziz, the company has supported many local charities.

The Hamilton Opera, the Salvation Army, The United Way, and the Theatre Aquarius are some of the organizations that the company has sponsored. The company has been the leader in the manufacture of new cars that have taken over the industry. The company has over the years valued its team since it has demonstrated dynamic leadership that has helped the company. The individuals are greatly valued by the company.

Gregory Aziz’s Contribution In Making National Steel Car A Leading Brand

To remodel a company that has been in operation for over a decade is not an easy job. And more so to maintain and improve the quality of goods produced while creating a better relationship with customers and employees.

National Steel Car was started back in 1912; it has gone through several transitions since then. The most significant transition happened in 1994 when the legendary Greg J. Aziz took over the leadership of the company.

Gregory James Aziz’s Work Experience

After graduation, James worked in his family business for a short while. During his time at the wholesale food distributor chain, the business grew significantly. The company Affiliated Foods specialized in the distribution of fresh foods to America and the eastern side of Canada. The fresh foods came from all over the globe including Europe and South America.

Greg later went to New York City where he worked as an investment banker in the late 1980s and early 1990.

Today, Greg Aziz is the CEO of National Steel Car, a company that has enjoyed the status of being regional leader of freight car manufacturing for over a decade since Greg took office in 1994. Gregory James is a very determined man and does not rely on past success. He continually remodels the company to meet the new demands of the industry. When he took over National Steel Carfrom Dofasco, his primary goal was to tap into the vast human resource pool that was unutilized and to improve technology to benefit the clients and the company as well.

Under his leadership, National Steel Car grew from an employer of about 600 people to over 300 and started manufacturing 12,000 cars per year up from the 3500 cars which it used to produce at the time when James Aziz took it over. The success of National Steel Caris attributed to Greg ability to work with his employees as a team to meet the changing demands of the esteemed customers. The company pays attention to what the clients want and acts on their requests.

Gregory James went to Ridley College and later joined University of Western Ontario for Economic degree. His visionary and practical skills when managing National Steel Car have made the company the only railcar manufacturer to be ISO Certified ISO 9001:2008. in North America. The company has also received the TTX SECO award consecutively for 13 years. Read This Page to learn more.

Gregory Aziz is a great philanthropist. Through his company and together with his Wife Irene, he has contributed to Hamilton Opera, The United Way, and Theatre Aquarius among other charities.

More On: https://www.behance.net/greg-aziz