U.S.-China trade war risks driving Fed policy, not Trump's carping: economists

Reuters | September 13, 2019

The U.S.-China trade war will worsen or at best stay the same over the coming year, according to economists in a Reuters poll who expect the Federal Reserve to cut interest rates next week for the second meeting in a row. The median probability of a U.S. recession in the next two years held at a high of 45% and the chance of one in the next 12 months held at 30%. But the expected quarter-point rate cut is unlikely to satisfy U.S. President Donald Trump, who in tweets this week called on Fed policymakers to slash interest rates into negative territory to boost slowing economic growth.

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Emerging Technology, Infrastructure

ProcedureFlow and Carahsoft Partner to Bring Innovative Knowledge Management Software to the Public Sector

GlobeNewswire | August 28, 2023

ProcedureFlow, the next-generation knowledge management software, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership. Under the agreement, Carahsoft will serve as ProcedureFlow’s Master Government Aggregator®, making its platform available to the Public Sector through Carahsoft’s reseller partners and National Cooperative Purchasing Alliance (NCPA), OMNIA Partners, E&I Cooperative Services Contract and The Quilt contracts. “We are excited to work with Carahsoft and its extensive reseller partner network to expand our Public Sector customer base and increase our visibility in the market,” said Dan Keddy, Sr. Director Partner Sales and Channel Management at ProcedureFlow. “The improved process visual flows that ProcedureFlow’s knowledge management software provides will allow Public Sector customers to simplify their processes and promote efficiency within their organizations.” ProcedureFlow is a secure, cloud-based environment uniquely designed for the modern workplace that eliminates the need for traditional training methods, such as lengthy manuals or text-heavy documentation, and creates a single source of truth for all organizational information. By centralizing people, processes and technology, ProcedureFlow facilitates an integrated approach for identifying, capturing, evaluating, retrieving and sharing all information and processes in a visual manner, reducing barriers caused by traditional training methods. ProcedureFlow’s next-generation procedural knowledge management software simplifies the ways employees navigate processes and increase employee proficiency, while also providing employers insight into employee performance and quality adherence. Improved process visual flows give organizations the ability to create, collaborate, share and track procedures for easier end-to-end management and offer valuable insights that support the optimization of operational efficiency. “We are excited to add ProcedureFlow’s solutions to our portfolio and begin offering our customers access to its next-generation knowledge management software,” said Zak Kennedy, Contact Center Solutions Leader at Carahsoft. “Government and Public Sector agencies are tasked with conveying massive amounts of information to their employees about a diverse array of topics on a daily basis. We look forward to collaborating with ProcedureFlow and our reseller partners to enable our Public Sector customers to transform their processes, improve efficiency and enhance public services they provide.” The Technology Training portfolio at Carahsoft offers industry-leading solutions that enable Public Sector customers to achieve digital transformation and utilize technology more efficiently. Carahsoft offers training programs and services that help the Public Sector stay current with IT trends and certifications to progress their agency’s mission. Learn more about Carahsoft’s Training Technology Solutions here. 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 Technology Training, Customer Experience, Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source 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. Visit us at www.carahsoft.com. About ProcedureFlow A Knowledge Management software uniquely designed for the modern workplace. ProcedureFlow simplifies the way employees navigate organizational processes to accelerate proficiency. Our improved process flows allow you to create, organize, update, share, and track procedures for easier end-to-end management. ProcedureFlow digitizes your operations to create a single source of truth for company processes. This allows employees to access the information they need in a highly consumable, visual, and easily updatable format. With ProcedureFlow, companies can create a high performing culture by improving training and proficiency and boosting employee confidence from day one.

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Emerging Technology, Infrastructure

Clarius Named by Government of Canada as One of the Country’s Global Hypergrowth Companies

Businesswire | July 25, 2023

Clarius Mobile Health, a leading provider of high-definition handheld ultrasound systems, has been selected by the Government of Canada to participate in the new Global Hypergrowth Project (GHP), powered by the Federal Ministry of Innovation, Science, and Economic Development. GHP is designed to help the country’s most promising scale-up companies to further fuel their growth with the support of a team of experts with extensive public and private sector experience. “Canada wins when cutting-edge companies keep operations, profits, and jobs here at home. And when they scale up around the world, they signal that Canada is open for business,” said Minister Mary Ng. “With the Global Hypergrowth Project, we're doubling down on Canada's most promising firms, to help them scale up, from here.” Clarius has an ambitious mission to improve patient care globally and reduce healthcare costs by enabling clinicians to instantly look into a patient’s body to confidently diagnose disease and enhance procedural safety. The company was the first to develop a high-definition pocket-size wireless ultrasound scanner that works with an app on Apple and Android smart devices. Since Clarius began selling its ultrasound scanners in 2016, more than 20,000 clinicians have used them performing more than 3.8 million scans. Clarius currently employs over 150 people at its headquarters, an innovation center and manufacturing facility in Vancouver, British Columbia. “We share the government of Canada’s goal to build a vibrant, local medical technology community and we’re extremely honoured to be one of a select few innovative companies in Canada chosen to participate in the Global Hypergrowth Project,” said Clarius CEO Ohad Arazi. “Having our government’s support for funding, international expansion, access to government procurement projects, and more will help rapidly accelerate our growth. Our team is energized to be recognized as one of Canada’s 15 most promising companies!” Minimum criteria for participation in the GHP include: annual revenues of $30 million; 40% gross margin; 30% revenue compound annual growth over the last three years; and headquarters in Canada with at least 60% employees based in the country. Clarius underwent a rigorous selection process to demonstrate its ability to execute on growth ambitions and prove its potential to seize opportunities for global leadership and to create and maintain highly-skilled jobs in Canada. Clarius was selected by a volunteer panel of notable Canadian business leaders appointed by Innovation Canada. Clarius is the only ultrasound company to offer 10 AI-powered models of handheld ultrasound scanners designed for a broad range of medical specialists including orthopedic surgeons, aesthetic clinicians, emergency physicians, and veterinarians. About Clarius Mobile Health Clarius is on a mission to make accurate, easy-to-use, and affordable ultrasound tools available to all medical professionals in every specialty. With decades of experience in medical imaging, the team knows that great ultrasound imaging improves confidence and patient care. Today, Clarius handheld wireless ultrasound scanners connect to iOS and Android devices, delivering high-resolution ultrasound images traditionally only available with bulkier, high-end systems at a fraction of the cost. Three million high-definition scans have been performed using Clarius wireless handheld scanners. Clarius scanners are available in over 90 countries worldwide. Learn more at www.clarius.com.

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Emerging Technology

Arbor Metals Establishes Strategic Alliance Department to Drive Collaboration With Automotive Industry

Globenewswire | August 22, 2023

Arbor Metals Corp. (“Arbor” or the “Company”) (TSXV: ABR, FWB: 432) announces the creation of a dedicated department focused on fostering strategic alliances with the rapidly expanding electric vehicle (EV) industry in Canada. This initiative comes in response to the growing significance of the EV sector, highlighted by recent high-profile investments such as the joint commitment by the federal government of Canada and the Quebec government to fund Ford Motor Company's new EV plant in Bécancour, Quebec. As reported by CBC News on August 17th, 2023*, the government investment underscores Canada's commitment to advancing the electric mobility revolution. The collaboration between the federal and provincial governments, with a combined investment of $644 million, exemplifies the commitment to fortify Canada's role in the EV industry. The new Ford plant in Bécancour, Quebec, is set to produce critical battery materials for electric vehicles, reaffirming Canada's emergence as a global leader in sustainable transportation. "We're witnessing a transformative moment in the Canadian automotive landscape, with a strong focus on EV production and the development of a robust supply chain," said Mark Ferguson, President and CEO of Arbor. "Establishing our Strategic Alliance Department underscores Arbors' dedication to being at the forefront of this burgeoning industry." Arbor recognizes the pivotal role that strategic alliances play in advancing the EV industry's growth and sustainability. The Company's newly formed department will work to forge partnerships, collaborations, and joint ventures with key stakeholders across the EV value chain, including automakers, battery manufacturers, and technology innovators. "We are excited to embark on this journey of collaboration and innovation, leveraging our expertise in mineral resources to contribute to the broader EV ecosystem," added Ferguson. "As we align our efforts with the evolving needs of the EV industry, we remain committed to sustainable practices and responsible development." Arbor will actively seek opportunities to contribute its knowledge, resources, and capabilities to enhance Canada's position as a global hub for electric mobility. The Company's dedication to sustainable exploration and responsible resource development aligns with the shared goals of environmental stewardship and technological advancement within the EV industry. About Arbor Metals Corp. Arbor Metals Corp. is a mining exploration company focused on developing high-value, geographically significant mineral projects worldwide. Arbor is paving the way for advanced mineral exploration as it oversees world-class mining projects. The Company is confident that combining quality projects with proven strategies and a dedicated team will yield exceptional outcomes. The Jarnet lithium project, located in the James Bay region of Quebec, comprises 47 map-designated claims, covering an area of approximately 3,759 hectares. The Jarnet project is contiguous to the Corvette-FCI property, where diamond drilling has confirmed significant lithium mineralization representing one of the highest-profile lithium exploration projects in the sector.

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