Sunday, March 24, 2019

The Future of Trade Lies In Asian Markets, According to Industry Experts at DMCC Conference

DMCC, the world's leading Free Zone for commodities trade and enterprise, in partnership with Asia House, the centre of expertise on trade, investment and public policy, hosted the 'The Future of Trade: The Middle East's Pivot to Asia' conference at Almas Tower today. The conference welcomed over 250 leading figures from government, trade, investment and technology to discuss, debate and analyse the latest shifts in the world economy.

The event was held in association with the Government of Dubai, and officially supported by the UAE Ministry of Economy. Sponsored by HSBC and ABP London Royal Albert Dock, the conference focused on the anticipated trends in the future of trade, renewable energy and digital technologies.

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The conference keynote speech was delivered by His Excellency Abdulla Al Saleh, Undersecretary for Foreign Trade, Ministry of Economy, who said: "The UAE and Asia have long enjoyed strong bilateral trade relations. Asian countries account for 60% of the UAE's non-oil trade while 55% of the UAE's imports come from Asia. For example, the UAE's strategic location and ease of doing business play a critical role in China's Belt and Road Initiative, with 4,000 Chinese companies already operating in the country. As the UAE's largest partner for non-oil imports, India remains a core market for us, also offering significant growth opportunities."

H.E Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, added: "Despite ongoing concerns around the U.S. and China trade, and the uncertainties brought about by Brexit, we recognise that trade remains inevitable and vital for global economic growth. The UAE is uniquely positioned to capitalise on opportunities even where challenges exist. We have attracted an impressive pool of talent carrying creative ideas that have placed us at the forefront of innovation." Read all the related news.

In his welcome remarks, Ahmed Bin Sulayem, Executive Chairman at DMCC said: "Despite subdued global growth figures, this event highlighted that there is cause for optimism for those of us in the region. The world's economic gravity continues to shift eastwards and as a natural corridor, Dubai's ability to link Asia with the Middle East, Europe and Africa has never been more important. DMCC sits at the heart of Dubai's global hub status, and will continue to promote the growing UAE-Asia trade and investment ties that will usher in the next wave of growth."

"It is clear that Asia will play an increasingly important role for the Middle East as the region seeks to diversify away from energy exports. We are already seeing new trade relationships grow. Research by Asia House last year demonstrated a clear pivot towards Asia from markets in the Middle East, and this trend seems set to continue," said Lord Green of Hurstpierpoint, Chairman of Asia House.

"We are delighted to have brought key figures in global trade together for today's dialogue here in Dubai – a city which stands to benefit greatly from Asia's ascendance. The conference marks an important contribution to the Middle East's ongoing engagement with Asia," he added.

The conference kicked-off with a panel on "The Future of Trade", addressing the challenges and solutions amid dramatic changes in the global economic landscape, with emphasis on the Middle East's growing relationship with Asia. The key takeaways from the panel revolved around the pressure on the U.S. and China to reach an agreement, which would put an end to the trade tensions. The discussions also highlighted the importance of finding alternative partners in emerging Asian markets in the short term, which would contribute to diversifying the supply chain across the region.

Next on the agenda was a fireside chat on the latest Brexit discussions between Lord Green, Chairman of Asia House and Anne Ruth Herkes, Former State Secretary at German Federal Ministry for Economic Affairs and Energy. The immersive dialogue focused on the difficulty of securing a deal before the extended deadline and the potential impact that exiting the EU will have on the UK's power in trade negotiations. Read related news here.

The next panel explored how FinTech, blockchain and Artificial Intelligence (AI) are revolutionising international trade and ease of doing business. Technology and finance experts from across the MENA region discussed means of collaboration between private companies and government entities to help foster innovation and identify growth opportunities across various trade routes.

The last panel, titled 'Shifting Energy Trends: The Rise of Renewables', debated the ongoing challenges for major oil economies with the continuous growth in the renewable energy sector. With China's growing importance as a pivotal player in renewable technology, the debate circled around the Middle East Markets' natural shift towards Asia to help expedite their diversification efforts.

Other conference speakers included: Kyle Boag, Regional Head of International Subsidiary Banking MENAT, HSBC; Neil Cuthbert, Senior Legal Advisor Middle East, Dentons & Co; Flynt Leverett, Professor of International Affairs and former US Government Senior Director for Middle East Affairs at the National Security Council; Sunil Veetil – Regional Head of Trade and Receivables Finance, HSBC MENA; Anthony Butler, Chief Technology Officer for IBM's blockchain practice, Middle East and Africa; Andrew Sims, Chief Executive Officer of NEC Payments and an Executive Director of Bahrain FinTech Bay; Luan Tian, Director of Global Incubation, Innoway; Michelle Davies, Head of Clean Energy and Sustainability, Eversheds Sutherland; and Daniel Calderon, Co-founder and Chief Executive Officer, Alcazar Energy.

A full list of speakers is available here

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American Crane & Equipment Corporation’s Karen Norheim Joins Roundtable Discussion on Manufacturing at White House

Held on Thursday, March 14, the roundtable was organized by the White House Office of Public Liaison, Department of Commerce International Trade Administration (ITA) and the Small Business Administration (SBA). In kicking off the discussion, Uphoff outlined the current sustained growth of the U.S. manufacturing industry, measured in terms of output and job growth, noting employment levels in the sector are on par with those in 1949, during the height the post-WWII industrial boom.

Uphoff also touched on four key challenges facing the industry: the public's misperception of U.S. manufacturing; the digital transformation of industrial sales, marketing and supply chain management; international trade trends and the dynamics presented by today's multi-generational workforce and its growing skills gap.

"This was a great opportunity to share what our data shows on manufacturing and industrial trends with senior government leaders and to illuminate some of the key challenges our industry is working to overcome," explained Uphoff. "These types of discussions go a long way toward shaping America's perception of manufacturing. They provide real examples and identify what is being done by leading U.S. manufacturers to continue the growth in this sector."

Uphoff was joined by four Thomas customers: Karen Norheim, Executive Vice President of American Crane & Equipment Corporation; Ken Carlton, President of Corrugated Metals; Sean Duclos, President of Millennium Precision LLC; and Eoin Lynch, Executive Director, Sales and Marketing, Tex Tech Industries; as well as industry leaders: Jeff White, Partner at the law firm Robinson & Cole LLP and Brett Silvers, President and CEO of WorldBusiness Capital, Inc.

Government officials in attendance included representatives from the Congressional offices of Congressman Tom Reed (R-NY), Co-Chair of the House Manufacturing Caucus, Congressman Lee Zeldin (R-NY), SBA Regional Administrators Wendell Davis and Steven Bulger, U.S. Department of Commerce ITA Deputy Assistant Secretary for Manufacturing Ian Steff, and U.S. Department of Commerce International Trade Administration Director Anne Evans.

As an early adopter of new technologies throughout the company, American Crane & Equipment Corporation has created a competitive edge. "Our digital transformation has allowed us to grow while at the same time providing ways to modernize our internal culture and create an environment for the multi-generational workplace," explained Norheim.

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Barron's Names Paul R. Ried as One of America's Top Financial Advisors for 2019

BARRON'S names Paul R. Ried, MBA, CFP®, the President and founder of Paul R. Ried Financial Group, LLC, one of America's Top 1,200 Financial Advisors for the 11th consecutive year. Out of the 30 advisors listed in Washington State, Paul ranks as #10 in 2019.

This distinguished list represents the top 1% of America's financial advisors. Rankings are based on assets under management, revenue produced for the firm, regulatory record, quality of practice, and philanthropic work. Barron's is one of Wall Street's most well-regarded publications and has been printed since 1921.

The team at Paul R. Ried Financial Group, LLC is incredibly proud of this accomplishment and honor from Barron's. They look forward to continuing to build trusted, lifelong relationships with each client. Their goal is to take the complexity out of finances through education and consulting to enable clients to pursue their true passions in life. They will always strive to maintain the highest standards of quality, professionalism, and integrity.

ABOUT Paul R. Ried Financial Group, LLC
Founded in 1986, Paul R. Ried Financial Group, LLC is based in Bellevue, Washington with clients in 32 states. They represent a dedicated and experienced financial team committed to independence and objectivity. Their firm specializes in Retirement Planning, Investment Management, and Estate Preservation. Paul has developed and taught over 500 corporate sponsored retirement classes and has served in the financial services profession since 1986. He is a native Seattle area resident, a Certified Financial Planner (CFP®), an Eagle Scout, and holds a master's degree in international business from the George Washington University.

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DISCLOSURES
Paul Ried is a Registered Principal of Cetera Advisor Networks LLC, a full-service securities broker/dealer. Investment advisory services offered through Paul R. Ried Financial Group, LLC, a registered investment advisor. Securities and additional investment advisory services offered through Cetera Advisor Networks LLC, member FINRA/SIPC a Broker/Dealer and a Registered Investment Advisor. Cetera is under separate ownership from any other named entity. Additional information is available at http://www.paulried.com.

Over 4,000 advisors who wish to be ranked fill out a 102 question survey about their practice, data is verified and then applied to a ranking formula. The ranking reflects the volume of assets overseen by the advisors and their teams, revenues generated for the firms, and the quality of the advisors' practices. The scoring system assigns a top score of 100 and rates the rest by comparing them with the top-ranked advisor. Listing in this publication and/or award is not a guarantee of future investment success. This recognition should not be construed as an endorsement of the advisor by any client.

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Paul R. Ried Financial Group, LLC
10801 Main Street, Suite 201, Bellevue, WA 98004
425-646-6777 Read news here.

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Saturday, March 23, 2019

Mainstream Technologies Completes Annual MSP/Cloud Verify Certification Verifies IT Proficiency & Sustainable Operations

Mainstream Technologies announced today that it has successfully completed the annual MSPAlliance MSP/Cloud Verify Program (MSPCV) certification process, assuring customers that their IT assets are being properly maintained and secured with technical proficiency by an established business enterprise with operational sustainability. Read news here.

According to John Burgess, President and Chief Security Officer of Mainstream Technologies, "Entrusting an organization's data and systems to a third party is inherently risky. We are proud of our MSPCloudVerify certification, which helps assure our customers that Mainstream is worthy of the trust and responsibility they place with us."

This is the oldest certification program for cloud computing and managed services providers worldwide and is based on the 10 control objectives of the Unified Certification Standard for Cloud & MSPs. The MSPCV was the first certification created specifically for the managed services and cloud industry. Every certification comes with a written report with the entire process documented, validated and signed by a 3rd party accounting firm. The MSPCV has been reviewed by governmental agencies and regulatory bodies across the globe and is used and accepted in 5 continents around the world.

A third party accounting firm performs the MSPCV examination.

"The MSPCV certification is a rigorous certification process that benchmarks and verifies the quality of the company providing cloud and/or managed services," said Charles Weaver, MSPAlliance CEO. "We are very proud to continue to have Mainstream Technologies as a member of this elite community of cloud and MSPs."

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Welcome to CloutHub - The Social Media of the Future

What are the top core benefits users want from the future of Social Media? This is the question Orange County based CloutHub, Inc. asked when they studied the issues associated with the existing social media. As a result they created a next-generation platform that overcomes all the problems associated with today's major platforms. CloutHub, is now available for download in the Apple App Store.

"I have been a civic leader throughout my career including as a former commissioner for the City of Los Angeles. When I tried to use Twitter and Facebook to help in my efforts, I found a disregard for speech, privacy and the discussions were unproductive, unhealthy and toxic. I felt, there needs to be a platform where people can share their ideas and views in a positive & healthy manner and where their freedoms are not violated. This is why I created CloutHub". Said Jeff Brain, Founder & CEO.

Everything users want in a single App

Social Media today is fragmented. CloutHub integrates the best of the existing platforms and what users want all into a single app. CloutHub users can socialize, receive their news, share updates with friends and family, express themselves, make new connections and more. Efficient & Convenient, users will no longer need to maintain multiple platforms.

Restoring Integrity to Social Media

Today's social media platforms started out with the best of intentions but have become Orwellian and intrusive - they track user movements and behavior, they data-mine user information and sell it to the highest bidder, they manipulate what users see, and they are biased and censor or de-platform users based on their political beliefs. CloutHub is not biased. It leans neither to the right or left. It is a site for all positive voices to count and make a difference on a level playing field. CloutHub never manipulates what users see, does not track user behavior or movements, and CloutHub will never sell user information. CloutHub is social media people will trust. More info here.

Using Social Media to Empower People

In addition to allowing users to socialize, CloutHub uses the power of social media for good - we bring people together and give them tools and resources that return POWER to the PEOPLE to influence the key issues that affect their lives and communities, to solve problems, to hold their leaders accountable, promote and defend their freedoms and create a better world. CloutHub will forever change the way people interact on the important political, social and community issues.

Social Media Done Right

Finally, CloutHub provides users with a positive experience. Users keep control of their own voice and can set a time after which their posts will automatically be deleted. Posts were never meant to be a permanent record. CloutHub uses advanced artificial intelligence to proactively detect inappropriate messages and images before they are posted to keep user interaction positive and safe. CloutHub offers transparent rules for its users. Diverse political speech is welcome. Cyber bullying, illegal activity and hate speech are not permitted. The platform is free to use, or users can subscribe to premium features. CloutHub is not dependent on ads like Facebook or Twitter, so user conversations are not bombarded by ads. All this and a specially designed user interface result in healthy civil discourse that positively impacts the well-being of individuals and society.

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CloutHub is the people's answer for those dissatisfied with today's social media. CloutHub gives users all the benefits they seek without the intrusive Big Brother stalking. Civil Discourse, Freedom of speech and privacy and fun on social media are back.

Note: The Android Version of CloutHub will be released on Tuesday, March 26, 2019.

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Twice As Many Irish Women Buy Mother’s Day Gifts Online As Men

Leading Irish ecommerce website GiftsDirect.com today reveals that women spend almost twice as much as men online on Mother's Day gifts and that Irish mammies' loved ones overseas receive gifts worth, on average, twice as much as mums whose family members reside in Ireland.

The data, based on pre-Mother's Day activity at the GiftsDirect.com website over the last five years, shows women consistently outspend men by a factor of 2:1. More info here.

Additionally they spend 12% less time shopping online than their male counterparts.

Mothers with children or spouses in Slovakia, Jamaica, Malaysia, Ukraine or Indonesia can expect to do best on the special day this year – Sunday March 31 – lavished with an average of e119.8 worth of gifts

Elsewhere gifters in Ireland spend an average of €49.83 while US residents spend €51.16 and UK shoppers open their purses and wallets to the tune of €38.85 to have gifts delivered to their beloved mums.

The lowest level of gifting comes from South Africa with just €15.41 spent on adoring mammies in Ireland.

Lulu O'Sullivan, founder and CEO of GiftsDirect.com said, "It's perhaps not surprising that those who are separated from their mums on Mother's Day would spend a little more but we couldn't believe it when we looked at the data for men vs women, and saw that year after year, Irish women collectively spend twice as much on online gifts than sons and partners do."

An analysis of demographic also throws up a few surprise statistics.

The group least likely to buy a Mother's Day gift online are the over 65s followed by 18-24 year olds. However both spend an above average €47.40 and €48.01 respectively. Read news here.

The 25-34 age group are the most likely to buy a gift online but spends only €45.51 compared the 35-44 demographic who are more frugal averaging just €43.27 per gift.

The most popular day to order Mother's Day gifts online is the Thursday beforehand (this year that falls on March 28) while the most popular gifts are flowers with chocolates, flowers with chocolates and wine, and luxury pamper hampers.

Data is based on onsite activity at GiftsDirect.com in the 10 days before Mother's Day for each of the last five years.

About GiftsDirect.com
Gifts Dir ect was established in 1987 by Lulu O'Sullivan. The company is 100% Irish owned and, along with its sister company TheIrishStore.com, is based in Westmoreland Street, Dublin 2, Ireland. Click here.

One of Ireland's original e-commerce businesses, Lulu maintains that a combination of a dedicated team, determination, hard work, willingness to take informed risks and, above all, a belief in the company, has enabled GiftsDirect.com to become Ireland's largest online gift company.

The key to success has been delivering on-time anywhere in the world coupled with superior customer service which makes gift-giving simple and fun. We use high-tech fully integrated systems with our domestic and global shipping partners, allowing full tracking on all gifts. We pride ourselves on a deep understanding of our customers' needs, offering great value and providing the best customer service possible.

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For further information contact Brendan Murray at giftsdirectdotcom or call 00 353 86 3057469

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Talking Sneakers are Finally Here! Sneakers Make Personalized Statements with Lace Buddies by U-Lace

U-Lace No-Tie Sneaker Laces introduced a fresh, new, on-trend line of bright-colored sneaker lace charms for Spring 2019. The individual letters, icons and emojis, made of high-quality polyurethane and currently available in 9 colors - empower sneaker lovers to display customized messages and express individuality on their sneakers. Lace Buddies thread onto U-Lace's modular no-tie shoelaces and traditional woven laces. Lace Buddies represents the first major expansion into a new retail product for U-Lace since creating the no-tie, woven laces it gained international recognition for on Shark Tank.

CEO Tim Talley says, "Lace Buddies allow tweens and teens and younger kids to use fashion to be part of a tribe, while expressing individual creative statements, so their sneakers speak for themselves. Think of it as a mash up where Pandora Meets Lego for kids and kids-at-heart."

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"Personalized fashion is hot right now," said Talley. "More and more we find ourselves living in a mass-produced, homogenized world. U-Lace was a first attempt to allow consumers to take a mass-produced sneaker and customize it to make it their own. Lace Buddies takes this concept a bit further by adding personalization to the mix. "We've been seeing this craving for personalization in our trend-spotting around the globe for a couple years, but the industry reports are making note of it too."

The Business of Fashion McKinsey Global Fashion survey identified the number one fashion trend of 2018 as personalization. McKinsey and Company identified personalization as one of the top 10 fashion trends of 2019.

Personalization is often associated with cost or luxury. Boutique brands offer custom fit measurements at a price or stores offer customization for an upcharge. Lace Buddies, retailing at $3.99 for a pack of 6, makes it affordable for kids to ride the personalization trend and express individual style on their sneakers. They can spell out their name, a statement, or use emojis and icons to express a long-term or even a daily sentiment.

Response from early product testers exceeded the company's expectations. "I had a vision of making Lace Buddies fun for kids to wear, but when we rolled out the product to some young product testers I was blown away," said Talley who is also U-Lace's Chief of Product Design. "Reactions when kids saw their name or their passion spelled out on their sneakers, were everything I hoped for. But then kids started exchanging Lace Buddies and helping one another create new ideas. That made all the hard work on creating this product so fulfilling." Read this for more information.

In addition to the Lace Buddies charms the company will release a collection of synergistic, customizable Lace Buddies accessories : key chains, ID tags, bracelets, zipper pulls and other items Lace Buddies charms clip into.

Lace Buddies can be found online at LaceBuddies.com, U-Lace.com and at select retailers.

About U-Lace: U-Lace is a global, modular, no-tie lace brand and has been in business for 10 years. Since being featured on Shark Tank in 2014, U-Lace has grown into a successful business which brings innovative products to the previously-limited shoelace industry. Its no-tie laces have sold over 15 million sets worldwide.

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