Australia government promises 'back in black' budget in election run-up

Reuters | April 02, 2019

Australia government promises 'back in black' budget in election run-up
Australia’s conservative government on Tuesday proposed tax cuts for low and middle-income earners and record spending on health and education while promising the first budget surplus in more than a decade, shaping its pitch for votes in an imminent election. Treasurer Josh Frydenberg offered A$158 billion ($112 billion) in tax cuts over the next decade primarily aimed at middle-income earners, on top of tax cuts of A$144 billion last year, as the coalition government, which is trailing in opinion polls, tries to win over voters.

Spotlight

In this installment of the White House White Board series, Vice President Biden takes the pen and discusses the importance of transportation infrastructure investment in America.

Spotlight

In this installment of the White House White Board series, Vice President Biden takes the pen and discusses the importance of transportation infrastructure investment in America.

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Trump Government Moves to Cut off Huawei from Global Chip Suppliers

Huawei | May 19, 2020

U.S. Department of Commerce announced plans to restrict Chinese vendor Huawei’s ability to use U.S. chipmaking equipment and software to design and manufacture its semiconductors abroad. The U.S. government believes that Huawei has continued to use U.S. software and technology to design semiconductors. Huawei is undertaking a comprehensive examination of this new rule. We expect that our business will inevitably be affected. We will try all we can to seek a solution. The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce announced plans to restrict Chinese vendor Huawei’s ability to use U.S. chipmaking equipment and software to design and manufacture its semiconductors abroad. In a statement, BIS said that the move “cuts off Huawei’s efforts to undermine U.S. export controls,” and that the government agency is amending its longstanding foreign-produced direct product rule and the Entity List to “narrowly and strategically target Huawei’s acquisition of semiconductors that are the direct product of certain U.S. software and technology.” Huawei was added to the Entity List in May 2019, after the Department of Commerce concluded that the vendor was engaged in activities that were contrary to U.S. national security or foreign policy interests. Read More: Isotropic Systems Announces Antenna Evaluation and Development Contract with U.S. Defense Innovation Unit However, the U.S. government believes that Huawei has continued to use U.S. software and technology to design semiconductors and says that the company is therefore “undermining the national security and foreign policy purposes of the Entity List by commissioning their production in overseas foundries using U.S. equipment.” Despite the Entity List actions the Department took last year, Huawei and its foreign affiliates have stepped-up efforts to undermine these national security-based restrictions through an indigenization effort. However, that effort is still dependent on U.S. technologies. We must amend our rules exploited by Huawei and HiSilicon and prevent U.S. technologies from enabling malign activities contrary to U.S. national security and foreign policy interests, Secretary of Commerce Wilbur Ross. Under the new regulation, companies using U.S. chipmaking technology — including foreign chipmakers –will be required to obtain a license before supplying components to Huawei. BIS also said that a waiver will be granted for items already in production as of May 15, provided that they are shipped within 120 days. However, as CNBC reported, there is no indication that BIS will actually provide such licenses, and the new rules will have a huge impact on Huawei due to its heavy reliance on Taiwan’s TSMC, which uses American equipment to manufacture the majority of Huawei’s smartphone chips. “This decision by the U.S. government does not just affect Huawei. It will have a serious impact on a wide number of global industries. In the long run, this will damage the trust and collaboration within the global semiconductor industry which many industries depend on, increasing conflict and loss within these industries,” Huawei said in a statement. “Huawei is undertaking a comprehensive examination of this new rule. We expect that our business will inevitably be affected. We will try all we can to seek a solution. We hope that our customers and suppliers will continue to stand with us and minimize the impact of this discriminatory rule,” Huawei added. Also, the Department of Commerce announced that it will extend the Temporary General License (TGL) for Huawei and its non-U.S. affiliates which are subject to the Entity List, until August 13. The TGL authorizes U.S. companies to make specific, limited engagements in transactions involving the export, reexport, and transfer of items to the Chinese vendor. The initial TGL was granted in May 19, 2019 and had been extended several times since then. “The 90-day extension provides an opportunity for users of Huawei devices and telecommunication providers—particularly those in rural U.S. communities—to continue to temporarily operate such devices and existing networks while hastening the transition to alternative suppliers,” DoC said. “The Department is also notifying the public that activities authorized in the TGL may be revised and possibly eliminated after August 13, 2020. Companies and persons relying on TGL authorizations should begin preparations to determine the specific, quantifiable impact of elimination if they have not done so already.” Outside of the scope of the TGL, any exports, reexports, or in-country transfers of items subject to the Export Administration Regulations (EAR) will continue to require a license, if granted, after a review by BIS under a presumption of denial, the Department of Commerce said. However, this general license does not cover transactions between U.S. semiconductor manufacturers such as Qualcomm, Intel and Micron and Huawei. These companies are required to apply for special permits in order to continue supplying chips to the Chinese vendor. Read More: The U.S. Department of Commerce to Allow U.S. Companies to Work with Huawei on 5G Technology About Huawei Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

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GOVERNMENT BUSINESS

CGI Launches CGI OnCue360 Solution for the State of Michigan

CGI | February 11, 2021

CGI (NYSE: GIB) (TSX: GIB.A) reported the dispatch of the CGI OnCue360 answer for the State of Michigan, where the stage will be utilized to guarantee administrative consistence with CARES Act pandemic help subsidizing and track data about award spending for neighborhood and provincial program directors state-wide. "This new tool from CGI puts us in a strong position to help us meet federal reporting requirements and make sure we are doing our part to track the necessary data," said Ruth Schwartz, Director of the SIGMA office in Michigan. "The OnCue360 tool was implemented within our current platform and provides us with another helpful mechanism for living up to the CARES Act regulations." "We are proud to work alongside our Michigan partners to help ensure compliance with new federal mandates designed to protect the integrity of CARES Act funds," said Stephen Arrants, Vice-President, CGI. "CGI OnCue360 is a powerful tool in the hands of municipal, county and state program managers who are required to serve as responsible stewards of these vital public resources." Cloud-based CGI OnCue360 is a portable administrative authorization and information assortment arrangement that permits cell phones, tablets and work stations to catch and report data from the field progressively. It gives the capacity to record and track information, electronic marks and advanced photos, and incorporates a vigorous web interface to plan and oversee arrangements. Data gathered by Michigan officials will help guarantee consistence with ongoing CARES Act guidelines gave by the U.S. Division of the Treasury. About CGI Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 76,000 consultants and other professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2020 reported revenue is C$12.16 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).

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GOVERNMENT BUSINESS

Nelnet and EKI-Digital Partner to Deliver Premier Digital Transformation Management Services to Government Industry

Nelnet | March 02, 2021

Nelnet (NYSE: NNI), a head proficient services organization, and EKI-Digital, a quantitative digital transformation organization, reported today an association meant to change how the government and financial services industry deal with their digital modernization and relocation endeavors. Headquartered in Lincoln, Neb., Nelnet is devoted to conveying excellent client encounters and inventive innovation arrangements. Nelnet has many years of involvement creating and executing versatile back-office preparing and client care arrangements that assist customers with exploring complex, vigorously managed government and financial projects, for example, bureaucratic understudy loans and state joblessness protection claims. "We look forward to working together with EKI-Digital to provide transformative modernization solutions and outstanding customer service to our clients," stated Peter Sanderson, Chief Revenue Officer of Nelnet Diversified Services. "Clients rely on our advanced technology solutions, efficient operations, and exemplary service to transform and support their organizations. With this announcement, we're excited for the opportunity to serve them even better." EKI-Digital is a pioneer in utilizing calculations and lean-digital application design to assist associations with organizing their digital and acquirement transformation endeavors. EKI-Digital has helped associations, public and private, distinguish and catch execution improvement utilizing its legitimacy digital design approach and algorithmic freedom ID capacities. "We look forward to working with Nelnet to help large organizations systematize and support their digital innovation and transformation efforts. Their commitment to customer, employee, and community success demonstrates the values of the company and why we believe this will be a compelling partnership," said Robert Blackwell Jr., CEO of EKI-Digital. Together, Nelnet and EKI-Digital are attempting to assist associations with gaining digital modernization capacities as a help, taking out the need to chance great many dollars on conventional IT capital undertakings with high disappointment rates. Consolidating EKI-Digital's driving innovation procedure, plan, and usage services, with Nelnet's demonstrated back-office preparing and client care and backing, the association will have an amazing effect in the government and financial services areas. About Nelnet Nelnet (NYSE: NNI) is a diversified and innovative company focused on offering educational services, technology solutions, professional services, telecommunications, and asset management. Nelnet helps students and families plan and pay for their education and makes the administrative processes for schools more efficient with student loan servicing, tuition payment processing, and school administration software. Through its investment in ALLO Communications, Nelnet offers fiber optic services directly to homes and businesses for ultra-fast internet and superior telephone and television services. The company also makes investments in real estate and early-stage and emerging growth companies. About EKI-Digital EKI-Digital is a Quantitative Digital Transformation company that has helped large organizations identify and capture billions in revenue and cost efficiencies. Since 1998, EKI-Digital has serviced clients worldwide, specializing in government, retail, and financial services. Their technology independence allows EKI-Digital to offer flexible and unique solutions to help clients move from uncertainty to possibility.

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