Japan resists U.S. pressure on FX in trade talks ahead of Abe-Trump summit

Reuters | April 26, 2019

Japan is resisting increasing U.S. pressure to link trade with currency issues as leaders of the two close allies are set to hold a summit in Washington on Friday, with trade and North Korea high on the agenda. Japanese ministers discussed trade and currency issues with their U.S. counterparts in Washington ahead of the summit between Prime Minister Shinzo Abe and President Donald Trump, in a last-minute bid to keep Washington from linking the issues. Trump has made clear he is unhappy with Japan’s trade surplus with the United States - much of it from auto exports - and wants a two-way deal to fix it. Trump and Abe agreed last September to start trade talks in an arrangement that protects Japanese automakers from further tariffs while negotiations are going on. U.S. Treasury Secretary Steven Mnuchin had said that in future trade deals, including one with Japan, the United States would like to include a provision to deter forex manipulation.

Spotlight

Challenging economic times have created increased expectations for enhanced revenue productivity from government debt receivables. Within this context, more and more governments are moving to centralize their collection function with positive results. Once a centralized collections environment is created for governmental debts, collections will increase substantially, allowing millions more to be collected. The experiences in a number of governments demonstrate that in a centralized collection environment where economies of scale are present, significant efficiencies can be gained allowing government to collect more of the liabilities that are owed.

Spotlight

Challenging economic times have created increased expectations for enhanced revenue productivity from government debt receivables. Within this context, more and more governments are moving to centralize their collection function with positive results. Once a centralized collections environment is created for governmental debts, collections will increase substantially, allowing millions more to be collected. The experiences in a number of governments demonstrate that in a centralized collection environment where economies of scale are present, significant efficiencies can be gained allowing government to collect more of the liabilities that are owed.

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EMERGING TECHNOLOGY

medZERO Advances to Next Stage in LG’s Innovative Mission for the Future Global Challenge

medZERO | July 14, 2022

LG Electronics’ North American Innovation Center (LG NOVA) picked medZERO as one of the “Selected 20” startups advancing to the next stage of its Mission for the Future global challenge competition. The honor comes with $100,000 to help fund a collaboration for the next round of the competition. The recognition is the latest for the Portland-based startup medZERO, an employer-sponsored financial wellness platform that gives employees a smarter way to pay for healthcare via on-demand access to funds to pay their out-of- pocked expenses over time at zero interest and zero fees. In May, medZERO was one of six companies selected by the Meta Lab challenge, a prestigious competition sponsored by the Carolina Fintech Hub and MassChallenge, an international business accelerator program located in Boston. Since securing $5.7 million in seed funding last year from Silicon Valley powerhouses True Ventures, Village Global and other angel investors, medZERO launched its app in November 2021 and has been hiring and has more than doubled its customer base. Each of the 20 top contenders in the LG NOVA program were awarded $100,000 for proof-of-concept projects. medZERO was chosen in the Connected Health category as a company that is creating a new solution with potential to transform markets and industries, specifically as people change their perspective on new technology-based care. “We are honored to make it to this round, LG recognized that our highly scalable, mobile payments platform leverages technology to give employees greater control over their healthcare services and spending.” -Craig Froude, Co-Founder and CEO, medZERO. Chosen from a group of more than 1,300 applicants, the Selected 20 will continue in the process to develop their ideas while working closely with LG NOVA’s team of innovation and entrepreneurial experts over the next couple of months—with the goal of being chosen as a Mission for the Future challenge “Top 10” finalist. To be named in August 2022, the Top 10 will have the opportunity to build their business in collaboration with LG on an accelerated path to success, with full access to LG expertise, mentorship, and from NOVA Capital Alliance and investments from LG. Since its official launch in August 2021, the Mission for the Future challenge has invited innovators and entrepreneurs to submit their business ideas, technologies, and concepts that look to advance people, communities, and the planet. The initial “First 50” startups selected through the challenge program received access to basic business infrastructural support and networking after demonstrating exceptional proof-of-concept within emerging industries, as well as the potential for a successful partnership within the wider LG business. Over the last few months, our work with the First 50 startups has helped us continue to refine our vision for the future as we look at new areas of growth for LG, said LG Electronics Senior Vice President for Innovation Dr. Sokwoo Rhee, head of LG NOVA. We’re inspired by all of those who have participated to date with groundbreaking, thoughtful tech innovations to drive and contribute to our collaborative community and guiding principle of ‘outside-in’ innovation. With this announcement, we’re sharing the results of our ongoing work in engaging with the startup and entrepreneur community to create impactful technologies that will lead society into the future. About medZERO- medZERO is a Portland, Ore., healthcare-focused fintech company (www.medzero.com) designed to make healthcare accessible, affordable and equitable. Our employer sponsored platform provides employees instant access to funds to pay their out-of-pocket healthcare costs with no interest and no fees. Repayment is made through automatic payroll deduction and for users with Health Savings Accounts medZERO payments are pre-tax allowing them to save up to 30% on all qualified medical expenses. About LG NOVA- LG NOVA, the North American Innovation Center for global innovation leader LG Electronics, is a team focused on bringing innovation from the outside to LG. LG NOVA is based in Santa Clara, Calif. The center’s mission is to build, nurture and grow innovations that impact the future. About LG Electronics USA- LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $63 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions and vehicle components. LG is 2022 ENERGY STAR® Partner of the Year-Sustained Excellence. The company’s commitment to environmental sustainability and its “Life’s Good” marketing theme encompass how LG is dedicated to people’s happiness by exceeding expectations today and tomorrow

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CYBERSECURITY

Forescout Joins CISA’s Joint Cyber Defense Collaborative

Forescout | August 12, 2022

Forescout Technologies Inc., the global leader in automated cybersecurity, today announced it has joined the Joint Cyber Defense Collaborative (JCDC) to further support the U.S. government’s focus on the cybersecurity and resilience of its industrial control systems and operational technology (ICS/OT). Established by the Cybersecurity and Infrastructure Security Agency (CISA), JCDC connects cyber defenders to enable critical thinking and planning against cyberattacks. “It’s an honor to be included in the newly expanded JCDC-ICS to share Forescout’s leadership and deep expertise in ICS/OT security, Having worked directly with CISA for years, I know this type of collaboration between industry leaders in cybersecurity is exactly what our nation needs to protect against cyberattacks that threaten critical infrastructure systems on which our daily lives depend.” -Tim Jones, Forescout’s US Federal Government VP of Systems Engineering. Forescout’s cybersecurity solutions are used by many of the world’s largest utilities, governments, and other critical infrastructure providers. Forescout is committed to enhancing the cybersecurity posture of the critical infrastructure community with dedicated OT solutions and through OT-specific research from Forescout’s Vedere Labs, which has disclosed over 50 OT vulnerabilities in the past month alone. Further, Forescout is a founding member of the OT Cyber Coalition, the central aim of which is to enhance resiliency of our nation’s critical infrastructure. JCDC-ICS will build on the existing platform of the JCDC by taking advantage of the knowledge, visibility, and capabilities of the ICS community to improve the protection and defense of control systems, inform U.S. government guidance on ICS/OT cybersecurity, and contribute to real time operational fusion across private and public partners in the ICS/OT space. More information about CISA’s work with the ICS community is available at www.cisa.gov/ics. About Forescout: Forescout Technologies, Inc. delivers cybersecurity automation across the digital terrain, maintaining continuous alignment of customers’ security frameworks with their digital realities, including all asset types- IT, IoT, OT, IoMT, and cloud environments. The Forescout Continuum Platform provides complete asset visibility, continuous compliance, network segmentation and a strong foundation for Zero Trust. For more than 20 years, Fortune 100 organizations and government agencies have trusted Forescout to provide automated cybersecurity at scale. Forescout arms customers with data-powered intelligence to accurately detect risks and quickly remediate cyberthreats without disruption of critical business assets.

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EMERGING TECHNOLOGY,GOVERNMENT BUSINESS

Tallcree Tribal Government partnering with TELUS and the CRTC to bring wireless connectivity to residents for the first time

TELUS | September 02, 2022

Today, Tallcree Tribal Government, TELUS and the Canadian Radio-Television and Telecommunications Commission (CRTC) are celebrating the commitment to bring wireless connectivity to Tallcree First Nation in Northern Alberta for the very first time. With a wireless connection, small businesses can thrive and compete both locally and globally, families can stay connected to loved ones who live out of town, young people can stay in their hometowns longer and participate in distance education, and perhaps most critically, a wireless connection provides a lifeline to call for help in the event of an emergency. This commitment was achieved after the CRTC approved funding for TELUS to build two new cellular sites in Tallcree First Nation through the CRTC Broadband Fund. This project is currently underway and is expected to be complete by late 2024. “We are pleased to announce to the communities of North and South Tallcree this tremendous opportunity for our people, We have been awaiting this announcement since 2019. Chief and Council and our Administration have worked in partnership with TELUS Wireless Services and the CRTC on this project for several years. This project opens up greater opportunity for our members in these communities. It brings the world to our doorstep and allows our communities to broaden their networks. We are pleased to be working with TELUS in this partnership and are extremely grateful to Brian Bettis and his team at TELUS for working so very hard on this project and extremely grateful to the CRTC for recognizing the importance of these communication tools that help our communities to remain connected. This project will provide the opportunities to our people that other communities have closer to larger centres and the Chief and Council encourage our communities to take full advantage of the services.” -Chief Rupert Meneen of Tallcree Tribal Government. This partnership builds upon TELUS’ commitment to bring world-class connectivity to communities across the province, providing the technological backbone for economic recovery and strength well into the future. Since 2000, TELUS has invested $220 billion nationally in network infrastructure, operations and spectrum, including more than $55 billion in technology and operations in Alberta. “TELUS is committed to ensuring everyone can thrive in our digital world, no matter where they live, We are proud to work alongside Tallcree First Nation and the CRTC to bring wireless connectivity to Tallcree First Nation members. This is part of our ongoing commitment to enable rural and Indigenous communities across the province, equipping residents and businesses with the speeds and coverage they need to connect to the people and information that matter the most.” -Tony Geheran, Executive Vice-President and Chief Operations Officer, TELUS. About Tallcree First Nation: The communities of North and South Tallcree are situated along the Highway 88 corridor; 45 km and 78 km respectively; south of Fort Vermilion, Alberta. There are approximately 500 people residing in these two communities. Leadership of this First Nation is comprised of Chief Rupert Meneen, Councilwoman Kathleen Auger, Councilman John Laboucan, Councilman Terence Meneen and Councilman David Bow-Noskiye. About TELUS: TELUS (TSX: T, NYSE: TU) is a dynamic, world-leading communications technology company with $17 billion in annual revenue and 17 million customer connections spanning wireless, data, IP, voice, television, entertainment, video, and security. Our social purpose is to leverage our global-leading technology and compassion to drive social change and enable remarkable human outcomes. Our longstanding commitment to putting our customers first fuels every aspect of our business, making us a distinct leader in customer service excellence and loyalty. The numerous, sustained accolades TELUS has earned over the years from independent, industry-leading network insight firms showcase the strength and speed of TELUS’ global-leading networks, reinforcing our commitment to provide Canadians with access to superior technology that connects us to the people, resources and information that make our lives better. TELUS Health is Canada’s leader in digital health technology, improving access to health and wellness services and revolutionizing the flow of health information across the continuum of care. TELUS Agriculture provides innovative digital solutions throughout the agriculture value chain, supporting better food outcomes from improved agri-business data insights and processes. TELUS International (TSX and NYSE: TIXT) is a leading digital customer experience innovator that designs, builds, and delivers next-generation solutions, including AI and content moderation, for global and disruptive brands across high-growth industry verticals, including tech and games, communications and media and ecommerce and FinTech. TELUS and TELUS International operate in 28 countries around the world. Driven by our determination and vision to connect all citizens for good, our deeply meaningful and enduring philosophy to give where we live has inspired TELUS, our team members and retirees to contribute more than $900 million, in cash, in-kind contributions, time and programs, and 1.8 million days of service since 2000. This unprecedented generosity and unparalleled volunteerism have made TELUS the most giving company in the world. Together, let’s make the future friendly.

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