After China and the EU, India the next target for Trump's War on Trade

Connected to India | March 06, 2019

US  President Donald Trump has announced plans to scrap preferential trade treatment for India, claiming that New Delhi has failed to assure the US of “equitable and reasonable” access to its markets. “India has implemented a wide array of trade barriers that create serious negative effects on United States commerce. Despite intensive engagement, India has failed to take the necessary steps to meet the GSP criterion,” US Trade Representative Robert Lighthizer said in a press release.

Spotlight

In the past, nothing has caused more vehement disagreement and controversy, than our videos on the greatest empires in history. For this list we’ve defined world domination as both direct and indirect control over a majority of the earth’s population. What this means is that in order to qualify for this list, an empire would not need to control all of the world’s landmass, it would just need to have come close to taking control over a majority of the earth’s population, while having the potential to influence the rest of the world.

Spotlight

In the past, nothing has caused more vehement disagreement and controversy, than our videos on the greatest empires in history. For this list we’ve defined world domination as both direct and indirect control over a majority of the earth’s population. What this means is that in order to qualify for this list, an empire would not need to control all of the world’s landmass, it would just need to have come close to taking control over a majority of the earth’s population, while having the potential to influence the rest of the world.

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Ankura Advises Government of Puerto Rico in Largest Public Sector Restructuring in U.S. History

Ankura | March 17, 2022

Ankura Consulting, LLC, an independent global expert and advisory services firm, announced that on March 15, 2022, the Plan of Adjustment for the Commonwealth of Puerto Rico went effective. On January 18, 2022, U.S. District Court Judge Hon. Laura Taylor Swain approved the Plan of Adjustment that set the restructuring terms for approximately $34 billion of debt, which is the largest restructuring of municipal debt in U.S. history. The Plan of Adjustment paves the way for Puerto Rico to exit from bankruptcy with a stable and sustainable balance sheet. Through the implementation of the Plan of Adjustment, Puerto Rico reduces the total amount of central government debt from $34 billion to $7.4 billion; cuts Puerto Rico's maximum annual debt service payments from a maximum of $4.2 billion to $1.15 billion; and lowers per capita debt by 86%. "This is a great collective achievement for Puerto Rico, thanks to the fiscal and economic team of the Government, the Legislature, the Financial Oversight and Management Board (Oversight Board), and all those who have worked over the past five years to get to this historic moment," said Fernando Batlle, Ankura's Chairman of Latin America, who is leading all aspects of Ankura's advisory work for the Government. He continued, "The consummation of the Commonwealth Plan of Adjustment is the 'reset' button for Puerto Rico and starts a new era of fiscal stability with new opportunities to shape a successful, modern economy." Philip Gund, Global Leader of Ankura's Turnaround & Restructuring practice, commented, "Fernando and the Ankura team worked collaboratively with the Government, the Fiscal Oversight Board and its constituencies and advisors while keeping the best interests of the Commonwealth at the forefront of the restructuring." In addition to the rightsizing of the Commonwealth's balance sheet, the Plan of Adjustment also includes elements that promote and ensure that the Commonwealth maintains fiscally responsible policies and avoids the mistakes of the past, including: the establishment of debt management guidelines that govern future public indebtedness and the establishment and funding of a pension reserve trust to meet future pension obligations. The Plan of Adjustment puts Puerto Rico on a path to grow again the Island's economy, encouraging investment by restoring investors' confidence in Puerto Rico, which in turn will promote economic development and job creation." He continued, "We are honored to have been involved in this historic moment, and as our team continues to advise the Government in other initiatives, our goal will continue to be the betterment of the Commonwealth and its people." Kevin Lavin, CEO of Ankura About Ankura Ankura Consulting Group, LLC is an independent global expert services and advisory firm that delivers services and end-to-end solutions to help clients at critical inflection points related to change, risk, disputes, finance, performance, distress, and transformation. The Ankura team consists of more than 1,700 professionals serving 3000+ clients across 55 countries who are leaders in their respective fields and areas of expertise. Collaborative lateral thinking, hard-earned experience, expertise, and multidisciplinary capabilities drive results and Ankura is unrivaled in its ability to assist clients to Protect, Create and Recover Value.

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GOVERNMENT BUSINESS

OpenGov Launches "OpenGov Across America" Campaign In Support of Local Government Leaders and Public Service

OpenGov | August 25, 2021

OpenGov has launched the "OpenGov Across America" campaign in support of local government leaders to thank them for shouldering the burden of keeping their communities safe and governments open for business throughout the pandemic. As part of this campaign, OpenGov CEO Zac Bookman has set out on a nearly 4,000-mile cross-country bike tour to meet with and hear directly from town, city, and county leaders about how their governments have evolved to address the urgent needs of their communities in the pandemic. In conjunction with this ride, OpenGov has committed to supporting the mission of the Sandra Day O'Connor Institute For American Democracy to increase awareness of the importance of civic engagement, civics education, and civil discourse. Together, they will raise funds to help educate future civic leaders and enable a more informed and engaged citizenry. "I'm excited to embark on this amazing adventure to highlight the local government visionaries who have devoted their lives to serving American communities," said OpenGov CEO Zac Bookman. "In support of that mission, OpenGov is proud to team up with the O'Connor Institute to champion the next generation of public servants and educate residents about the importance of civic engagement." "The Institute is gratified that OpenGov recognizes the importance of public service and leadership," said Institute CEO Sarah Suggs. "We appreciate this tremendous effort by Zac Bookman in civic engagement and philanthropy." As OpenGov looks to shed light on the importance of local leadership, government leaders and public-sector allies are encouraged to post photos and videos of themselves thanking someone in the public sector or sharing how they got into public service on LinkedIn or Twitter with #OpenGovAcrossAmerica and #GovLove, for an opportunity to be featured on OpenGov's social channels. About OpenGov OpenGov is the leader in modern cloud ERP software for our nation's cities, counties and state agencies. On a mission to power more effective and accountable government, OpenGov serves more than 1,000 agencies across the U.S. Built exclusively for the unique budgeting, financial management and citizen services needs of the public sector, the OpenGov ERP Cloud makes organizations more collaborative, digitizes mission-critical processes and enables best-in-class communication with stakeholders. About the Sandra Day O'Connor Institute For American Democracy Founded by retired Supreme Court Justice Sandra Day O'Connor, the O'Connor Institute, a nonprofit, nonpartisan 501(c)(3), continues her distinguished legacy and lifetime work to advance American democracy through multigenerational civics education, civil discourse and civic engagement.

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GOVERNMENT BUSINESS

CrowdAI Solutions Now Available on Carahsoft SEWP V, ITES-SW2, NASPO, and Other Government Contract Vehicles

CrowdAI | February 24, 2022

CrowdAI, the leading no-code computer vision platform, today announced a strategic go-to-market alliance with Carahsoft Technology Corp., the Trusted Government IT Solutions Provider®. Under the agreement, Carahsoft will serve as CrowdAI's first Public Sector Distributor. The new relationship expands CrowdAI's reach across the Public Sector, strengthening its commitment to deploy its software to automate visual inspection in mission-critical contexts. CrowdAI solutions have been added to key procurement vehicles, making its platform and services more readily available to a broad group of Federal, State, and Local Government users and resellers. Specifically, CrowdAI customers can leverage Carahsoft's NASA SEWP V, ITES-SW2, OMNIA Partners, NASPO ValuePoint and NCPA. "Together, through our partnership with Carahsoft, we can put AI into the hands of the analyst and see the United States government further solidify its position as the global leader of the 'Great AI Race.'" Devaki Raj, CoFounder and CEO of CrowdAI Agencies today are facing a key shortage of technical talent and are struggling to build a large enough AI workforce to keep up with the rapid proliferation and advancement of AI technologies. With petabytes of visual media being collected every second, government departments and agencies are well positioned to unlock the power of that data with a tool that accelerates the path to model production. "CrowdAI represents the latest in cutting-edge AI offerings that Carahsoft brings to bear for U.S. Government clients working on some of today's toughest problems," says Michael Adams, Sales Director who manages Carahsoft's AI/ML Solutions Portfolio. "We look forward to working with CrowdAI and our resellers to help agencies accelerate their digital capabilities." CrowdAI's platform enables organizations to rapidly build a robust AI capability, using their existing workforce, without having to train or expand specialized technical teams. It allows agencies to bridge the AI skills gap by providing a no-code entry point for users of any skill level. The end-to-end platform is powerful enough to deploy cutting-edge deep learning—but is also intuitive enough to be used by non-technical personnel. Starting from data ingestion and annotation to model training and deployment, the CrowdAI platform provides users with everything they need to get from raw pixels to decisions. CrowdAI is available through Carahsoft's SEWP V contracts NNG15SC03B and NNG15SC27B, ITES-SW2 Contract W52P1J-20-D-0042, NASPO ValuePoint Master Agreement #AR2472, and NCPA Contract NCPA01-86, and through the company's reseller partners. About CrowdAI CrowdAI offers the leading software platform to build customized computer vision (CV), enabling anyone to create high quality CV models to analyze imagery and video—no data science background or coding required. Our full-stack solution provides all the tools necessary to go from raw pixels to structured insights relevant to your specific needs.CV models created via CrowdAI's software platform, have been used for ISR, humanitarian assistance and disaster response, countering illicit trafficking, infrastructure maintenance, public health monitoring, medical diagnostics, and beyond. Visit CrowdAI at www.crowdai.com. About Carahsoft Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Artificial Intelligence, Cybersecurity, MultiCloud, DevSecOps, Big Data, Open Source, Customer Experience and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles.

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