EB5 Capital Celebrates the Grand Opening of Gateway at Millbrae Station (JF27)

WASHINGTON, April 20, 2023 (GLOBE NEWSWIRE) — Today, EB5 Capital joins Huntington Hotel Group and Republic Urban Properties in celebrating the grand opening of Gateway at Millbrae Station in Millbrae, a city just west of the San Francisco Bay, in San Mateo County, California. Gateway at Millbrae Station is a 17–acre $300 million mixed–use master development containing 400 apartment units and 200,000 square feet of commercial space. In 2020, EB5 Capital provided a $36 million preferred equity investment in the 164–room Residence Inn by Marriott hotel located on the site.

"We are thrilled to be part of this significant development in Millbrae, adjacent to the San Francisco Airport and Bay Area Rapid Transit ("BART") station," said Jon Mullen, EB5 Capital's Senior Vice President of Investments. "It is a terrific transit–oriented site which is easily accessible to the entire Bay Area, making it a key location for a hotel." A sufficient number of jobs have been created through the project's development to satisfy the permanent residency requirement for all the EB–5 investors who invested in the project.

The Residence Inn at Gateway at Millbrae Station is one of EB5 Capital's eight projects in the state of California and one of six partnerships structured with Huntington Hotel Group. The hotel welcomed its first guests in February of this year, and today's grand opening represents a major milestone in EB5 Capital's growing portfolio of over 30 completed EB–5 projects across the country.

About EB5 Capital

EB5 Capital provides qualified foreign investors with opportunities to invest in job–creating commercial real estate projects under the United States Immigrant Investor Program (EB–5 Visa Program). As one of the oldest and most active Regional Center operators in the country, the firm has raised nearly a billion dollars of foreign capital across more than 30 EB–5 projects. Headquartered in Washington, DC, EB5 Capital's distinguished track record and leadership in the industry has attracted investors from over 70 countries. In addition to U.S. permanent residency, EB5 Capital offers real estate private equity investments and non–U.S. Citizenship by Investment Programs. Please visit www.eb5capital.com for more information.

Contact:
Katherine Willis
Director, Marketing & Communications
media@eb5capital.com


GLOBENEWSWIRE (Distribution ID 8811474)

Publication Relating to Transparency Notifications

REGULATED INFOMATION

Publication Relating to Transparency Notifications

Mont–Saint–Guibert (Belgium), April 20, 2023, 10.30pm CET / 4.30pm ET "" In accordance with article 14 of the Act of 2 May 2007 on the disclosure of large shareholdings, Nyxoah SA (Euronext Brussels/Nasdaq: NYXH) announces that it received two transparency notifications as detailed below.

Together Partnership

On April 18, 2023, Nyxoah received a transparency notification from Together Partnership following the crossing of the 10% threshold by Together Partnership on March 30, 2023. As of such date, Together Partnership held 2,948,285 shares, representing 10.42% of the total number of voting rights on March 30, 2023 (28,286,985).

The notification dated April 17, 2023 contains the following information:

  • Reason for the notification: acquisition or disposal of voting securities or voting rights
  • Notification by: a person that notifies alone
  • Persons subject to the notification requirement: Together Partnership (with address at Van Putlei 31, 2018 Antwerp)
  • Date on which the threshold was crossed: March 30, 2023
  • Threshold that is crossed: 10%
  • Denominator: 28,286,985
  • Notified details:
A) Voting rights Previous notification After the transaction
# of voting rights # of voting rights % of voting rights
Holders of voting rights Linked to securities Not linked to the
securities
Linked to securities Not linked to the
securities
Together Partnership 2,503,500 2,948,285 10.42%
TOTAL 2,948,285 0 10.42% 0.00%
  • Chain of controlled undertakings through which the holding is effectively held: Together Partnership is not a controlled entity.

ResMed Inc.

On April 18, 2023, Nyxoah received a transparency notification from ResMed Inc. following the crossing of the 5% threshold by ResMed Inc. on March 30, 2023. As of such date, ResMed Inc. held 1,499,756 shares, representing 5.30% of the total number of voting rights on March 30, 2023 (28,286,985).

The notification dated April 16, 2023 contains the following information:

  • Reason for the notification: acquisition or disposal of voting securities or voting rights
  • Notification by: a person that notifies alone
  • Persons subject to the notification requirement: ResMed Inc. (with address at 9001 Spectrum Center Boulevard, San Diego, CA 92123, USA)
  • Date on which the threshold was crossed: March 30, 2023
  • Threshold that is crossed: 5%
  • Denominator: 28,286,985
  • Notified details:
A) Voting rights Previous notification After the transaction
# of voting rights # of voting rights % of voting rights
Holders of voting rights Linked to securities Not linked to the
securities
Linked to securities Not linked to the
securities
ResMed Inc. 794,235 1,499,756
TOTAL 1,499,756 0 5.30% 0.00%
  • Chain of controlled undertakings through which the holding is effectively held: No indirect holding of voting securities. ResMed Inc. is not a controlled entity.

*

* *

Contact:
Nyxoah
David DeMartino, Chief Strategy Officer
david.demartino@nyxoah.com
+1 310 310 1313

Attachment


GLOBENEWSWIRE (Distribution ID 1000805225)

Publication Relative à des Notifications de Transparence

INFORMATION RGLEMENTE

Publication Relative des Notifications de Transparence

Mont–Saint–Guibert (Belgique), le 20 avril 2023, 22:30h CET / 16:30h ET "" Conformment l'article 14 de la loi du 2 mai 2007 relative la publicit des participations importantes, Nyxoah SA (Euronext Brussels/Nasdaq : NYXH) annonce qu'elle a reu deux notifications de transparence comme dtaill ci–dessous.

Together Partnership

Le 18 avril 2023, Nyxoah a reu une notification de transparence de Together Partnership suivant le franchissement du seuil de 10% par Together Partnership en date du 30 mars 2023. A cette date, Together Partnership dtenait 2.948.285 actions, reprsentant 10,42% du nombre total des droits de vote en date du 30 mars 2023 (28.286.985).

La notification date du 17 avril 2023 contient les informations suivantes :

  • Motif de la notification : acquisition ou cession de titres confrant le droit de vote ou de droits de vote
  • Notification par : une personne qui notifie seule
  • Personnes tenues la notification : Together Partnership (avec adresse Van Putlei 31, 2018 Anvers)
  • Date du dpassement de seuil : le 30 mars 2023
  • Seuil franchi : 10%
  • Dnominateur : 28.286.985
  • Dtails de la notification :
A) Droits de vote Notification prcdente Aprs l'opration
# droits de vote # de droits de vote % de droits de vote
Dtenteurs de droits de vote Attachs des titres Non lis des titres Attachs des titres Non lis des titres
Together Partnership 2.503.500 2.948.285 10,42%
TOTAL 2.948.285 0 10,42% 0,00%
  • Chaine des entreprises contrles par l'intermdiaire desquelles la participation est effectivement dtenue : Together Partnership n'est pas contrle.

ResMed Inc.

Le 18 avril 2023, Nyxoah a reu une notification de transparence de ResMed Inc. suivant le franchissement du seuil de 5% par ResMed Inc. en date du 30 mars 2023. A cette date, ResMed Inc. dtenait 1.499.756 actions, reprsentant 5.30% du nombre total des droits de vote en date du 30 mars 2023 (28.286.985).

La notification date du 16 avril 2023 contient les informations suivantes :

  • Motif de la notification : acquisition ou cession de titres confrant le droit de vote ou de droits de vote
  • Notification par : une personne qui notifie seule
  • Personnes tenues la notification : ResMed Inc. (avec adresse 9001 Spectrum Center Boulevard, San Diego, CA 92123, USA)
  • Date du dpassement de seuil : le 30 mars 2023
  • Seuil franchi : 5%
  • Dnominateur : 28.286.985
  • Dtails de la notification :
A) Droits de vote Notification prcdente Aprs l'opration
# droits de vote # de droits de vote % de droits de vote
Dtenteurs de droits de vote Attachs des titres Non lis des titres Attachs des titres Non lis des titres
ResMed Inc. 794.235 1.499.756
TOTAL 1.499.756 0 5,30% 0,00%
  • Chaine des entreprises contrles par l'intermdiaire desquelles la participation est effectivement dtenue : Pas de participation indirecte de titres confrant le droit de vote. ResMed Inc. n'est pas contrle.

*

* *

Contact:
Nyxoah
David DeMartino, Chief Strategy Officer
david.demartino@nyxoah.com
+1 310 310 1313

Pice jointe


GLOBENEWSWIRE (Distribution ID 1000805225)

The Wolf of Wall Street film to launch NFT offering, powered by Aventus

LONDON, April 20, 2023 (GLOBE NEWSWIRE) — Aventus, a Web3 solutions provider for enterprises, has partnered with the film rights holders for The Wolf of Wall Street and world–leading film producers and editors to create The Wolf of Wall Street Experience: a series of NFT drops which will also act as a key to unlocking wider parts of the experience.

With a worldwide box office of almost $400M, five Oscar nominations including Best Picture, and a Guinness World Records entry for most swearing in a film, The Wolf of Wall Street's impact on popular culture remains steadfast almost a decade after its release, with memes of the film continuing to generate millions of uses.

The Wolf of Wall Street Experience will give fans of the film and Web3 enthusiasts access to exclusive content, rewards, and experiences via a series of limited NFT drops. The NFTs will contain exclusive assets from the film, including new angles of iconic scenes, as well as authentic outfits worn by the cast, props and other memorabilia. In addition, real–life and virtual experiences will take place, including a Hollywood–style celebration of the anniversary this December.

The launch is scheduled for the second quarter of 2023, with additional benefits for early participants of the community. More information can be found on the official website: www.wolfofwallstreet.io.

The NFTs will be created by the carbon neutral Aventus Network, which is a layer 1 (parachain) on Polkadot "" meaning the project will leverage the full benefits of the Polkadot ecosystem, including enhanced scalability, speed, interoperability and security. It also means NFT holders will be able to leverage the full benefits of interoperability across more than 50 blockchains, including Ethereum.

Alan Vey, Founder & CEO at Aventus, commented: "The Wolf of Wall Street is one of the most iconic films across not only popular culture more broadly, but specifically within the blockchain community. We're thrilled to be able to bring this film to Web3 and to be a part of a historic moment for the industry as blockbuster becomes the latest sector to realise the benefits of NFTs in community building and engagement."

Gavin Wood, Founder of Polkadot & Ethereum, added: "Polkadot's parachain ecosystem aims to help blockchains achieve their objectives by providing enhanced scalability, security and interoperability, and it's wonderful to watch Aventus leverage this support to enable this truly groundbreaking project."

About Aventus
Aventus onboards enterprises to Web3, enabling them to generate new revenue streams, improve operational efficiencies, and future–proof their business. With a combined experience of over seven decades in Web3 and enterprise leadership, Aventus works with each enterprise to scope out potential use cases, and customize a SaaS–style product, as well as maintain and manage the solution "" so enterprises can focus on what they do best.

www.aventus.io/

Media inquiries:
Ellie Hyman
ellie.hyman@aventus.io


GLOBENEWSWIRE (Distribution ID 1000805134)

Denmark takes first place in second annual World Citizenship Report, global ‘powerhouses’ lose their lustre among the mass affluent

London, United Kingdom, April 20, 2023 (GLOBE NEWSWIRE) — Denmark, Switzerland and Finland took the top three spots in the 2023 World Citizenship Report, which launched today. The World Citizenship Report ranks 188 countries across five key motivators defining citizenship for the global citizen.

Published by CS Global Partners, the world's leading government and investment migration advisory firm, the World Citizenship Report showcases the World Citizenship Index (WCI), an innovative tool that takes a holistic approach to rank the world's citizenships across multiple dimensions including the motivators of Safety and Security, Quality of Life, Economic Opportunity, Global Mobility and Financial Freedom.

The World Citizenship Index is the product of a research–driven approach that goes beyond ordinary concepts of passport strength by placing greater emphasis on the diverse attitudes regarding key facets of citizenship. Unlike other rating tools, the World Citizenship Index ranking is designed to reflect a citizenship's value through the lens of high–net–worth–individuals (HNWIs) and the newest generation of global citizens: the mass affluent population.

"This year, we looked beyond HNWIs and extended our survey to the new mass affluent, a globally mobile generation who is providing fresh impetus for a renewed drive towards global citizenship. As the world around continues to change at an exponential rate, bringing with it new crises and opportunities "" individuals across the globe are increasingly calling their own citizenships into question in terms of the safety, freedoms, and the prosperity they provide," said Micha Emmett, CEO of CS Global Partners.

"This Report stands apart from other reports in the industry because it examines which countries offer the most benefits for global citizens, particularly in a post–COVID world where those that have the means are consistently searching for greater opportunities.”

This year, Denmark kicked Switzerland out of the top spot and scored the highest points. Switzerland ranked in second place and Finland retained the third spot for a second year in a row.

Notably, global superpowers such as the United States and China did not rank in the top ten, symbolising a significant shift in what these economic giants can tangibly offer the global elite. HNWIs and mass affluent citizens are searching for a better quality of life, security and financial freedoms, all aspects which have been on shaky ground since the pandemic.

The surveyed cohort chose "Quality of Life' as the most important feature of citizenship, which ranked first across the World Citizenship Index's five pillars, eclipsing both Physical Safety and Financial Freedom.

The Report found that a competitive economy, public services, and environmental sustainability are the three areas mass affluent individuals feel most let down by their governments."

We are unfortunately living through a period where the standard of living is falling at the fastest rate in over a generation. At the end of 2022, the UK Office for Budget Responsibility reported that UK households are set to suffer a 7.1 per cent fall in living standards over the next two years, the largest decline in six decades. Furthermore, according to the latest United Nations Development Programme (UNDP) report published in the same period, living conditions in 90 per cent of the world's countries deteriorated in 2021 "" something that hasn't been seen since the height of the previous global recession caused by the financial crisis in 2007. Moreover, the UNDP report marked the first consecutive year of decline in the 32–year history of the Human Development Index (HDI) "" these trends are reflected in the current World Citizenship Index scores. For example, the United States dropped to 29th position for the Quality–of–Life motivator from 20th position previously, which shows how living standards are coming under pressure even in the world's economic powerhouses.

“The World Citizenship Report aims to capture what truly concerns and affects a global citizen,” added Emmet. “When there are options to gain a second or third citizenship, the first question in a HNWIs mind is 'where is the next place to be associated with?'”

“High–net–worth individuals and the mass affluent must consider a myriad of factors when deciding something as monumental as where to obtain second citizenship and build a second home. While passport strength is, of course, an important component, it is also one that is subject to the greatest change as evidenced by pandemic related travel restrictions,” she added.

As many parts of the globe recover from COVID–19 and find means to bolster their economies, a new chain of threats has emerged. The conflict in the Ukraine has not only made many nations in the northern hemisphere realise just how fragile the concept of safety and freedom is but has severely impacted energy and food security across the world.

With so much change happening so rapidly around us, it can be challenging to keep up with how all these disparate factors coming to bear on the prevailing attitudes toward global citizenship. And this is where the value of the World Citizenship Report comes into the picture. The Report continues to build on its reputation as an ambitious product reflecting the evolving nature of these attitudes toward citizenship, and one that is in tune with the defining issues of our time with respect to global citizens, including health and wellbeing, environmental sustainability, and shifting investment priorities.

The World Citizenship Index's unique methodology relies on the experience gained through CS Global Partners unparalleled work in the citizenship solutions industry, as well as comprehensive research to evaluate 188 jurisdictions across the five motivators of citizenship out of a maximum attainable score of 100 points.

The Report's multidimensional approach ensured that the attitudes under investigation were captured as accurately and meaningfully as possible. Consequently, rather than relying exclusively on value judgments to construct and weight the World Citizenship Index, CS Global Partners also leveraged its unparalleled network of industry experts and access to global citizens to isolate the major motivations for attaining a second citizenship. These factors were then further explored and validated by surveying the global mass affluent population on the value of second citizenship.


GLOBENEWSWIRE (Distribution ID 8812232)

Politics Behind the Removal of Mughal History From Textbooks Say Academics

The removal of Mughal history from textbooks is seen as a political move which downplays the rich diversity of the Indian subcontinent. This artwork stems from this period. Credit: Govardhan. Jahangir Visiting the Ascetic Jadrup. ca. 1616-20, Musee Guimet, Paris

The removal of Mughal history from textbooks is seen as a political move which downplays the rich diversity of the Indian subcontinent. This artwork stems from this period. Credit: Govardhan. Jahangir Visiting the Ascetic Jadrup. ca. 1616-20, Musee Guimet, Paris

By Ranjit Devraj
NEW DELHI, Apr 20 2023 – The removal from school textbooks of chapters covering the Mughal period of Indian history spanning three centuries has raised a storm of protests from academics.

The Mughals, who ruled much of the Indian sub-continent between the 16th and 19th centuries, left behind an indelible stamp on science, art, culture, and overall development. Their legacy is visible today mainly in a number of monuments recognised as UNESCO World Heritage Sites, including the Agra FortFatehpur SikriRed FortHumayun’s TombLahore FortShalamar Gardens, and the Taj Mahal.

UNESCO’s India representative, Hezekiel Damani, said the organisation advises that the curriculum represents a conscious and systematic selection of knowledge, skills and values that shape the way teaching, learning and assessment processes are organised by addressing questions such as what, why, when and how students should learn.

“Therefore, a quality curriculum must pave the way to the effective implementation of inclusive and equitable quality education,” Damani says. “Subject-specific curriculum development, reform and revision are entirely the decision of member states; they must be conscious of today’s curriculum, and future needs while making any intervention.”

“The issue here is that Mughal rule does not align well with present-day politics — it is no surprise that chapters that refer to that period are being deleted by the National Council for Education Research and Training (NCERT),” says Ruchika Sharma, who teaches history at the Delhi University.

Sharma says that from an academic point of view, the Mughal period presents a well-researched part of Indian history because of the rich documentation they left behind. “Removing an entire chapter dealing with such an important period of history from class XII textbooks would certainly affect students’ career choices — they will see a mismatch between visible legacy and the curriculum.”

Sharma referred in particular to the chapter titled ‘Kings and Chronicles, the Mughal Courts,’ from the NCERT history book Themes of Indian History-Part II, which describes how the Mughals encouraged peasants to cultivate cash crops such as cotton grown over a “great swathe of territory that spread over central India and the Deccan plateau.”

The Mughal period saw India becoming the world’s biggest exporter of cotton as well as cotton manufactures such as calico and fine muslins that were shipped to the European markets by the Dutch and English East India Companies that were allowed to set up ‘factories’ or fortified trading posts along the Indian coasts.

Other revenue-generating crops included sugarcane and oilseeds such as mustard and lentil that were grown alongside staples like rice, wheat and millets, the deleted chapter said. The section on ‘Irrigation and Technology’ noted that under the Mughals, cultivation rapidly expanded with the help of artificial irrigation systems and the introduction of crops from the new world, such as tomatoes, potatoes and chilli.

Swapna Liddle, historian and author, says that much of India’s built heritage, language, arts, agriculture and land tenure systems are a legacy of the Mughal period. “It is important to study how India was also progressing in the scientific fields during that period,” says Liddle.

The Mughal period saw a flowering of the sciences, especially astronomy, mathematics, medicine, architecture and engineering, that had an impact long after the dynasty ended in 1857. Akbar’s reign (1556—1605), for example, saw the establishment of medical schools and dispensaries, while his successor, Jehangir, patronised the study of mathematics and astronomy.

On April 7, a group of ‘Concerned Historians’ issued a statement saying: “We are appalled by the decision of the NCERT to remove chapters and statements from history textbooks and demand that the deletions from the textbooks be immediately withdrawn.”

“The decision of the NCERT is guided by divisive motives. It is a decision that goes against the constitutional ethos and composite culture of the Indian subcontinent. As such, it must be rescinded at the earliest,” said the statement, which has been endorsed by hundreds of academics.

According to the statement, the textbooks were designed to be inclusive and provide a sense of the rich diversity of the human past both within the subcontinent as well as the wider world. “As such, removing chapters/sections of chapters is highly problematic not only in terms of depriving learners of valuable content but also in terms of the pedagogical values required to equip them to meet present and future challenges.”

The director of the NCERT, Dinesh Kumar Saklani, has stated that the chapters were removed as part of “rationalisation aimed at reducing the burden on schoolchildren following the COVID-19 pandemic.” He claimed that the rationalisation was vetted by experts and denied that there was any political agenda behind the move.

Says Ajay K. Mehra, a political scientist currently attached to the independent think tank, the Observer Research Foundation: “It would have been far better to modify the chapters on the Mughal and Islamic periods than delete them altogether — this way a very large and important period of mediaeval Indian history is going to be lost to impressionable young students and to future generations.”

The changes to the textbooks, says Mehra, are deliberate and part of a larger, declared political agenda to restore the past glory of Hindu dynasties that existed before the arrival of Islam in India. This can be seen in the renaming of roads and cities, he said, citing the renaming of Allahabad city in 2018 to Prayagraj to reflect its importance as a Hindu pilgrimage site at the confluence of the sacred Yamuna and Ganges rivers.

“What is lost here is the fact that Mughal rule saw enormous economic advancement that lasted three centuries because of a compact with Hindu Rajput (princely) feudatories. “Rajput princes not only led Mughal armies but also entered into marital alliances — two of the important Mughal emperors, Jehangir and Shah Jahan, were born of Rajput princesses, for example,” Mehra said.

Makkhan Lal, distinguished fellow at the Vivekananda International Foundation, a think tank considered close to the government, says that there is a case for the Mughal period getting “disproportionate description and allotment of space” in history textbooks and this needed to be rectified.

Lal, who has taught history at the Banaras Hindu University and worked with the NCERT, said the “correction being made now is a step in the right direction and should have been taken earlier.”

Apart from academics, leaders of opposition parties have also denounced the changes to the textbooks. Sitaram Yechury, general secretary of the Communist Party of India, said the changes made to class textbooks were regrettable because of India’s diversity.

“The lands of India have always been the churning crucible of civilisational advances through cultural confluences,” Yechury says.

Pinarayi Vijayan, who leads a communist party government in the southern Kerala state, Tweeted: “They resort to rewriting history and masking it with lies. So, we must strongly protest the decision of the BJP government to delete certain sections from NCERT textbooks. Let the truth prevail.”

IPS UN Bureau Report

 


!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?’http’:’https’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+’://platform.twitter.com/widgets.js’;fjs.parentNode.insertBefore(js,fjs);}}(document, ‘script’, ‘twitter-wjs’);  

What Local Food Challenges and Choices Across Vietnam Reveal About a Global Push for Food Systems Transformation

food systems challenges vary considerably depending on where you live—and that developing effective solutions requires a focused effort to detect these differences. It means if we want to achieve a more sustainable food system transformation, we must think globally but act locally.

Fruit stalls at a local market in Hanoi, Vietnam. Credit: Shutterstock.

By Tuyen Huynh
HANOI, Apr 20 2023 – This month Nature spotlighted three insightful new studies chronicling food-related challenges from a global perspective. One presented worrisome new data on the global rise in the prevalence of diabetes, high blood pressure and liver disease, all linked to obesity. Another presented a new assessment revealing that half of the greenhouse emissions generated by food systems globally are caused by food waste. Finally, the third study found that food consumption could add “nearly 1 degree Celsius to warming by 2100,” with most of that attributed to global methane emissions from meat, dairy and rice production.

Studies like these are valuable for focusing attention on the need for a fundamental reset from farm to fork in the way food is produced and consumed around the world. But we also must recognize their limits.

Chiefly, that solutions to the problems they skillfully document will fail unless adapted to specific social, political and economic contexts on the ground.

As a fast-growing, rapidly urbanizing middle-income country that still has a large rural population, Vietnam is an ideal living laboratory for studying the essential role of local food environments in shaping solutions to global food challenges

We recently spent two years studying food systems across Northern Vietnam. Our work reveals how much food-related challenges can change even over relatively narrow distances—and how solutions must be tailored accordingly.

The contrasts we documented can be instructive for other countries as well. As a fast-growing, rapidly urbanizing middle-income country that still has a large rural population, Vietnam is an ideal living laboratory for studying the essential role of local food environments in shaping solutions to global food challenges.

In our work, we roamed the colorful, richly stocked open-air markets and modern retail outlets of urban Hanoi. We traveled just outside the city to study the food landscape in the populous peri-urban area of Dong Anh.

We visited the rural highlands of the Moc Chau district in Son La Province, where people rely on agriculture for their livelihoods. Along the way, we surveyed thousands of people to learn about where they purchased food and what they ate. Here are a few key lessons that emerged.

  • Food-related issues are linked to both what you eat and where you eat it. With their bounty of choices and relatively high incomes, people in urban Hanoi tend to eat very diverse diets, including more meat, dairy and fish, than people in other areas in Northern Vietnam. It’s the opposite in rural Moc Chau: a dearth of food outlets and a reliance on subsistence farming leads to a narrower menu of options—and diets that are heavy in starchy staples. This difference produces a sharp contrast in food-related health problems. In rural areas, the issue is stunting and wasting in poorly fed children, which is three to four times higher than in urban or peri-urban areas. In urban areas, an abundance of food choices contributes to childhood obesity rates that are 6 to 10 times higher than in the other regions we studied.
  • Problems are clear; solutions are complex—especially in local contexts: We know that addressing malnutrition requires improving food choices, but that also requires considering trade-offs that can be highly political. For example, there is evidence that consistent access to nutrient-dense meat, fish and dairy products can reduce malnutrition in low-income communities like those we studied in rural Vietnam. But a lack of these products in local diets is a key reason rural food systems in Vietnam produce much lower emissions than those in urban areas. The solution is two-fold. First, we must acknowledge the different realities of people in high-income regions globally who have an abundance of nutritious food choices and those in low-income regions who have few. Second, supporting efforts in low-income communities to adopt environmentally sustainable, climate-positive approaches to livestock production—while encouraging more modest consumption in wealthy regions–can capture their benefits in fighting malnutrition while mitigating risks.
  • Promoting healthy diets requires probing local factors behind consumer behavior. Compared to other regions in Vietnam, a significantly higher percentage of rural consumers are relying on cheap and highly processed instant noodles to meet their dietary needs. But encouraging a shift to healthier diets requires engaging the broader constellation of local issues driving this choice. For example, economic policies that drive inflation can negatively affect household food budgets. Also, we found the neglect local road systems in rural areas we studied was a factor in limiting access to food stores and food selection relative to urban and peri-urban areas.

 

Two years ago, 51,000 people from 193 countries participated in the 2021 UN Food Systems Summit—with many likely to return for this summer’s eagerly anticipated follow-up.

They are committed to a transformation of a global food system many view as fundamentally broken. The latest scientific studies chronicling food-related impacts to human and planetary health—alongside the recent shocks to the global food system caused by Covid pandemic—certainly support this view.

Our work reveals that food system challenges vary considerably depending on where you live—and that developing effective solutions requires a focused effort to detect these differences. It means if we want to achieve a more sustainable food system transformation, we must think globally but act locally.

Tuyen Huynh is a leading food systems expert and senior researcher at the Alliance of Bioversity International and CIAT

ChatGPT & Artificial Intelligence: What this Means for Small Business

Credit: Shutterstock

By Martin Labbé
GENEVA, Switzerland, Apr 20 2023 – As 2022 came to a close, ChatGPT, an artificial intelligence chatbot, became the fastest-growing app in history, reaching an estimated 123 million users less than three months after its launch.

It is the most prominent specimen of AI-tools that generate content such as text, pictures, and software code. The International Trade Centre (ITC) reflects on what this could mean for the international trade development sphere.

Artificial intelligence (AI) is not new for those using Siri, Cortana and other (virtual) personal assistants. Algorithms powered through massive data have also been determining how we get from A to B when we use a ride-hailing app, whether in a car in Manila or on a “boda boda” in Kampala.

Likewise, AI can screen job applicants in asynchronous video interviews. Cancer diagnosis research, automatic dental prosthetic design and medical image analysis are other examples of how AI is being used in the healthcare sector.

However, the natural language processing functionality of ChatGPT allows us to have a human-like conversation with AI.

This next generation chatbot has the potential to become an alternative to traditional search engines, hence the urge of other big tech companies like Google to launch their own chatbots in 2023 to keep up with the times – and profit.

In the meantime, for many of us, ChatGPT has become a tool we use daily – for research and support in content development. According to Satya Nadella, the CEO of Microsoft, which is said to have recently invested more than $10 billion in OpenAI (the scaleup behind ChatGPT), this marks the emergence of a “symbiotic relationship between humans and machines”.

Whether this will be a choice rather than a necessity remains to be seen.

AI is capital intensive both because of the massive amounts of data and the computer power required, which means it will be difficult to see global challengers emerge outside of the OECD.

Software companies in Africa venturing in this field, for instance Baamtu in Senegal, are struggling to access the required data despite their expertise. Data has become the new oil.

Back in 2019, our colleagues at the World Intellectual Property Organization (WIPO) spotted the exponential growth of AI in related patent applications since 2012, mainly originating in the United States and China. Now, the rest of the world is trying to catch up.

You can count on impact at scale across the board: from government, business, civil society to education, healthcare and financial services.

Smart digital technologies are already widely used in agriculture in high-income countries. For instance, AI is being used in robotic milking systems in places such as Braz, Austria, to decide which cow should be milked when, with little supervision from the farmer.

In low-income countries, on the other hand, AI is mainly limited to small-scale smart farming and satellite imagery processing at the level of smallholder farming. But looking around, we can anticipate future uses, if an appropriate business model can be found.

The concept of “dark factories”, where industrial robots produce under remote human supervision, is not yet widespread. What will happen to the three million workers in the Bangladeshi ready-made garment industry assembling $5 t-shirts, with a monthly $70 salary, when the current equipment is ready for renewal?

Moreover, service jobs automation is around the corner – even in tech. AI is already sourcing code in code libraries at the request of software developers who use it to increase their productivity. Is this happening at the expense of junior software developers?

Other service sectors will be affected: in Senegal, chatbots are being used instead of customer care operators as clients and investors alike want to reduce costs.

In the Philippines, some of its 1.2 million business-process-management jobs – to a large extent customer care for global clients – could be replaced through robotic process automation.

This technology automates repetitive and routine tasks, allowing businesses to streamline their operations, reduce errors, and increase efficiency.

Beyond the business process management industry, generative AI is also likely to take entry-level gigs from game artists, people who create content for video games, or graphic designers, who often operate on a freelance basis.

If we look at the above under Schumpeter’s Creative Destruction theory, new jobs that don’t exist yet will replace the ones that will be made obsolete. In this context, continuous learning, re- and upskilling will be essential for blue- and white-collar workers.

AI will impact our trade-related technical assistance. AI will accelerate how we analyse trade data analysis. AI will also help us improve the learner experience in ITC’s SME Trade Academy, which is already experimenting with tools such as Synthesia to produce videos with human-like avatars in multiple languages and accents.

We need to help our beneficiaries leverage this technology as well, for instance the tailor in Burundi who is using ChatGPT to draft marketing materials like brochures and website content.

How we deliver our technical assistance and in which languages will also change to the benefit of our clients: text-to-speech in multiple languages can make our trade information accessible to farmers who speak a different language from the one the information was published in and who prefer to dial in rather than to read online.

All the above will not happen overnight, but nevertheless, we need to start preparing for it.

Martin Labbé is Tech Sector Development Coordinator and NTF V programme manager @ International Trade Centre.

Founded in 1964, the International Trade Centre is a multilateral agency which has a joint mandate with the World Trade Organization (WTO) and the United Nations through the United Nations Conference on Trade and Development (UNCTAD).

IPS UN Bureau

 


!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?’http’:’https’;if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+’://platform.twitter.com/widgets.js’;fjs.parentNode.insertBefore(js,fjs);}}(document, ‘script’, ‘twitter-wjs’);  

Biogas and Biomethane Will Fuel Development in Cuban Municipality

José Luis Márquez, Yaisema Fabelo and their son Yadir stand around a table holding fruits harvested from their Los Tres Hermanos agroecological farm, in Martí, a municipality in northwestern Cuba. The family of farmers values ​​the final products of biogas technology, rich in nutrients suitable for fertilizing and restoring the soil. CREDIT: Jorge Luis Baños/IPS

José Luis Márquez, Yaisema Fabelo and their son Yadir stand around a table holding fruits harvested from their Los Tres Hermanos agroecological farm, in Martí, a municipality in northwestern Cuba. The family of farmers values ​​the final products of biogas technology, rich in nutrients suitable for fertilizing and restoring the soil. CREDIT: Jorge Luis Baños/IPS

By Luis Brizuela
MARTÍ, Cuba , Apr 20 2023 – The first five biomethane-fuelled buses in the Cuban municipality of Martí will not only be a milestone in the country but will also represent a solution to the serious problem of transportation, while reducing emissions of greenhouse gases and bolstering local development.

Yaisema Fabelo, a librarian at the local prep school, told IPS that “the buses will boost the quality of life of the residents” of the municipality located in the north of the western province of Matanzas, about 200 kilometers east of Havana.

Fabelo, who is also a farmer from the Los Tres Hermanos agroecological farm, stressed that using biogas on an industrial scale and on individual farms “to produce electricity, cook food and obtain biofertilizers for organic crops” will benefit the 22,000 inhabitants of the municipality and surrounding areas.

The Martí I and nearby Martí II covered lagoon biodigesters will produce around 1,800 and 3,600 cubic meters of biogas per day, respectively, when they come into operation. They will connect through two separate gas pipelines with a biomethane plant where the fuel will be obtained for a group of buses. CREDIT: Jorge Luis Baños/IPS

The Martí I and nearby Martí II covered lagoon biodigesters will produce around 1,800 and 3,600 cubic meters of biogas per day, respectively, when they come into operation. They will connect through two separate gas pipelines with a biomethane plant where the fuel will be obtained for a group of buses. CREDIT: Jorge Luis Baños/IPS

 

The project

Turning pig manure and crop waste into biomethane and biogas is the focus of the project “Global Action for Climate Change in Cuba: Municipality of Martí, towards a carbon-neutral sustainable development model.”

The project, carried out by the United Nations Development Program (UNDP) and the Ministry of Economy and Planning with 5.5 million dollars in financing disbursed by the European Union, began to be implemented in 2020 and is to be completed in 2024.“[We want] to demonstrate that the biodigesters are economically feasible for Cuba, that connected with large pig farms they can be used to generate electricity and contribute to the economy.” — Anober Aguilar

“The main problem that Martí has ​​in the case of greenhouse gases is waste, responsible for 57 percent of our emissions,” explained Sobeida Reyes, director of territorial development for the town.

In an interview with IPS, the official pointed out that with the project and as part of the local development strategy, the aim is to gradually contribute to decarbonization with the use of renewable energy sources and incorporate biogas to biomethane conversion technology.

Biogas is composed mainly of methane and carbon dioxide, obtained in biodigesters from the decomposition of organic residues such as agricultural or livestock waste by bacteria, through anaerobic digestion, without oxygen.

Biomethane, also known as a renewable gas, is derived from a treatment process that removes carbon dioxide, moisture, ammonia, hydrogen sulfide, among other impurities from biogas, which brings its composition closer to that of fossil natural gas and favors its use to generate electricity and heat and to fuel vehicles.

The plan is to strengthen the public transport system through “16 buses powered by biomethane, the first five of which are to be tested in February 2024, after a bidding process outlined in the project that will facilitate their importation,” Reyes said.

“There is a commitment that these buses will be driven by women,” she added.

The future biomethane plant, which has already been awarded in tender, will provide, according to the plan, about 150 cubic meters per hour of gas suitable for bottling.

It will depend on the Martí I and Martí II covered lagoon biodigesters, which will be the largest in the country and will produce around 1,800 and 3,600 cubic meters of biogas per day, respectively, when they come into operation.

These, in turn, will each be fed by a pig breeding center belonging to the Matanzas Pork Company.

A third of the 14 kilometers of gas pipelines that will connect both biodigesters to the biomethane plant have already been put in place.

The generator is also being installed, while the lagoon is being filled with water to check its operation. The last thing needed is to put in place the membrane that will cover it.

This part is expected to be operational in February of next year, as well as the biomethane plant, so that the first five buses can then be tested, according to the established timeframe.

With the help of an electricity generator, the Martí I biodigester is to provide 100 kilowatts per hour, equivalent to the approximate consumption of 80 to 100 homes. The Martí II will provide even more.

 

A poster shows what the Martí I covered lagoon biodigester will look like. For Anober Aguilar, a specialist at the Indio Hatuey Pastures and Forages Experimental Station, responsible for the technological assembly, the construction of this type of biodigesters is economically feasible in Cuba. CREDIT: Jorge Luis Baños/IPS

A poster shows what the Martí I covered lagoon biodigester will look like. For Anober Aguilar, a specialist at the Indio Hatuey Pastures and Forages Experimental Station, responsible for the technological assembly, the construction of this type of biodigesters is economically feasible in Cuba. CREDIT: Jorge Luis Baños/IPS

 

Greater commitment to biogas

A potent greenhouse gas, methane has 80 times the climate-warming power of carbon dioxide, studies show.

Scientists argue that proper management of methane resulting from the decomposition of agricultural waste and livestock manure helps to mitigate water and soil pollution and to combat climate change.

Its extraction and energy use, especially in rural and semi-urban settings, can be a cost-effective solution to reduce the consumption of electricity based on fossil sources. In Cuba there are an estimated 5,000 small-scale (up to 24 cubic meters per day) biodigesters.

In this country of 11.1 million inhabitants, a significant percentage of the 3.9 million households use electricity as the main source of energy for cooking and heating water for bathing.

Renewable energy sources account for only five percent of the national energy mix.

In the case of biogas, “the main obstacle to its expansion is the availability of manure, as there is a low number of pigs and cattle, due to problems with feed and animal nutrition,” Anober Aguilar, an expert with the Indio Hatuey Pasture and Forage Experimental Station, located in Perico, another municipality of Matanzas, told IPS.

This scientific research center for technological management and innovation in the field of livestock production is in charge of the technological assembly of the biodigesters of the covered lagoon in Martí.

In the context of an economic crisis that has lasted for three decades, exacerbated by the tightening of the U.S, embargo, the COVID pandemic, and failed or delayed economic reforms, Cuba has limited imports of animal feed due to the shortage of foreign currency.

Furthermore, insufficient harvests do not guarantee abundant raw material to produce feed, while the scarcity of construction materials and their high cost make it impossible for many farmers to undertake the construction of a biodigester.

Conservative estimates by experts suggest that there is potential to expand the network of biodigesters on the island to up to 20,000 units, at least small-scale ones.

“If we look at the cost of the investment in the short term, it is more feasible to focus on wind or solar energy, because setting up a biodigester requires more financing, more time and specialized personnel,” explained Aguilar.

But seen at a distance of 10 to 15 years, “the investment evens out, because the potential of photovoltaic cells declines, repairs are made difficult by the rapid changes in technology, or the blades of the windmills deteriorate, in addition to the fact that both are more vulnerable to tropical cyclones,” the expert said.

“As long as they have raw material, biodigesters produce 24 hours a day,” he added.

He specified that one of the objectives of the project is “to demonstrate that the biodigesters are economically feasible for Cuba, that connected with large pig farms they can be used to generate electricity and contribute to the economy.”

Ministerial Order 395 of April 2021, of the Ministry of Energy and Mines, stipulated that each of the 168 Cuban municipalities must have a development program and strategy regarding biogas, and coordinate their management and implementation with those of their respective province.

 

Electrical technician Reinaldo Álvarez shows the electric generator located in the Martí I covered lagoon biodigester, in northwestern Cuba, which will provide about 100 kilowatt hours, equivalent to the electricity consumption of 80 to 100 homes. The nearby Martí II biodigester will produce even more. CREDIT: Jorge Luis Baños/IPS

Electrical technician Reinaldo Álvarez shows the electric generator located in the Martí I covered lagoon biodigester, in northwestern Cuba, which will provide about 100 kilowatt hours, equivalent to the electricity consumption of 80 to 100 homes. The nearby Martí II biodigester will produce even more. CREDIT: Jorge Luis Baños/IPS

 

Promoting agroecology

Martí’s development strategy includes projects to prepare preserves, spices and dehydrated foods with the help of the sun, a biomass gasifier for drying rice and generating electricity, the production of cooking oil, thermal baths, exploiting natural asphalt deposits, and social works, among others.

Reyes reported that 28 farms in the municipality have biodigesters, and that in 12 of them, as part of the project, “a module was delivered that includes a refrigerator, a stove, a rice cooker and a lamp, which use biogas.”

Another urgent objective is to foment agroecology and move towards local self-sufficiency in food, including animal feed.

“In the current harvest we had a yield per hectare of 19 tons of organic potatoes. As with the other crops, we only used biological products, of which more than 80 percent were produced by us,” farmer José Luis Márquez explained to IPS.

The 13-hectare Los Tres Hermanos agroecological teaching farm, dedicated to growing a variety of crops and small livestock using sustainable techniques, was granted in usufruct by the government, forms part of the Ciro Redondo credit and services cooperative, and has been managed by Márquez since 2018, together with his wife Yaisema Fabelo and their son Yadir.

A nationally manufactured PVC (polyvinyl chloride) tubular biodigester is also installed on the farm, with a volume of forty cubic meters.

“Due to the pandemic and the shortage of manure, it is not producing. We want to once again encourage pig and rabbit farming, recycle solid waste and convert it into organic fertilizer for crops and household chores,” said Márquez.

Biogas technology provides biol and biosol, liquid effluent and sludge, respectively, rich in nutrients to fertilize and restore the soil.

The farm is visited by students from different levels of education, up to prep school, who through workshops given by Márquez and Fabelo, learn about good agroecological practices “and the positive impact on the economy, people’s health and the environment,” Fabelo said.

MCB INVESTOR NEWS: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages Metropolitan Bank Holding Corp. Investors to Inquire About Securities Class Action Investigation – MCB

NEW YORK, April 19, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Metropolitan Bank Holding Corp. (NYSE: MCB), the holding company for Metropolitan Commercial Bank, resulting from allegations that MCB may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased MCB securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit–form/?case_id=14239 or call Phillip Kim, Esq. toll–free at 866–767–3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

WHAT IS THIS ABOUT: On March 30, 2023, market analyst Vidar Research published a report entitled "Metropolitan Commercial Bank is a mixed bag of problems[.]" The report alleged that "[Metropolitan Commercial Bank] is bleeding deposits[,]" stated that Metropolitan Commercial Bank "is the issuer of choice for prepaid debit cards of crypto firms[,]" questioned whether Metropolitan Commercial Bank was actually moving away from cryptocurrency (as it had allegedly announced), and alleged that its balance sheet "is shocking comparable to the failed Signature Bank (SBNY)[.]" In summary, the report alleged that Metropolitan Commercial Bank "is a failed bank and that it will share the fate with the likes of SBNY [Signature Bank] and SIVB [Silicon Valley Bank]."

On this news, MCB's stock price fell $9.66 per share, or 27.6%, to close at $25.36 per share on March 30, 2023.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the–rosen–law–firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686–1060
Toll Free: (866) 767–3653
Fax: (212) 202–3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com


GLOBENEWSWIRE (Distribution ID 8811620)