NEWS
Pandora partners on launch of UNICEF campaign
UNICEF
and Pandora announced another initiative in their strategic collaboration, as
Pandora pledged a significant donation to the new #Reimagine campaign. Through
the campaign, UNICEF is issuing an urgent appeal to governments, the public,
donors and the private sector to join UNICEF as it seeks to respond, recover
and reimagine a world currently besieged by the coronavirus.
Focusing
on the most vulnerable children – such as those affected by poverty, exclusion
or family violence – UNICEF is working to stop the disease spreading further,
address the damage already inflicted, mitigate the knock-on effects on children
and lay the groundwork for building back a better world.
Strict protocols for customers in Sri Lanka
Recently
Armil Sammoon by
ICA Ambassador to Sri
Lanka Report says, “Though my first report happens to be at a time of this
great challenge, I am also comforted knowing that we have our ICA family and we
are all going through this together and in knowing that, it assures us of our
resilience to support each other and come out of this united. Back home here in
Sri Lanka we have been under island-wide curfew for the past month, actually
almost 50 days.”
Our
local ICA community and the rest of the industry are very much in touch with
each other, and finding ways to support each other to assist our communities
affected. We are staying engaged continuously.
New Storage Box for Coin Rolls on May 18
US Mint Introduces New Storage Box
The
United States Mint (Mint) will roll out the new Coin Roll Collector Box on May
18 at noon Eastern Daylight Time (EDT). The new storage box replaces the
Quarter Roll Collector’s Box and the Dollar Coin Rolls Collector’s Box.
Priced
at $16.25, the Coin Roll Collector Box conveniently stores rolls of $1 coins or
quarters issued in the Native American $1 Coin Program, the American Innovation
$1 Coin Program, and the America the Beautiful Quarters Program.
India announces measures for bottom of pyramid
In
the row, FM announces the 2 big measures of Rs 4tn for the bottom of the
pyramid people in the sync of Hon’ble Prime Minister announced a Special
economic and comprehensive package of Rs 20 lakh Crore - equivalent to 10% of
India’s GDP on 12th May 2020.
He
gave a clarion call for आत्मनिर्भर भारत अभियान or Self-Reliant
India Movement. He also outlined five pillars of Aatmanirbhar Bharat – Economy,
Infrastructure, System, Vibrant Demography and Demand. Announcing the 2nd
Tranche of measures to ameliorate the hardships faced specifically by migrant
labours, street vendors, migrant urban poor, small traders self-employed
people, small farmers and housing, Union Finance & Corporate Affairs
Minister Nirmala Sitharaman in her press conference detailed the short term and
long-term measures for supporting the poor, including migrants, farmers, tiny
businesses and street vendors.
Oxford presents four hypothetical scenarios
WGC Investment
Update of May, Covid-19: potential impact on the global economy and gold
performance says the Covid-19 pandemic and ensuing economic lockdowns have
slashed global growth forecasts for 2020. With varied expectations around the
speed of the economic recovery, we analyse the potential performance of gold
across four hypothetical scenarios provided by Oxford Economics:
1.
Swift recovery, 2. US corporate crisis, 3. Emerging markets downturn & 4. Deep
recession. Our analysis shows that higher risk and uncertainty combined with
lower opportunity cost will likely be supportive of gold investment demand in
2020. This could offset the negative effect of lower consumer demand on gold
performance as economic activity contracts.
Recovery Likely to Come in Fits and Starts
With
some stores starting to reopen as governors lift stay-at-home orders across the
country, economic recovery from the coronavirus pandemic is likely to come
gradually and may vary by location, NRF Chief Economist Jack Kleinhenz said.
“Getting
back to work or shopping in a pre-virus manner is difficult to predict at this
time, with households likely to tiptoe back in rather than making an immediate
return to the lives they experienced before,” Kleinhenz said. “As states begin
to slowly reopen and assuming the coronavirus does not come back, the economy
should begin a process of gradual recovery.
Integrated automation for trade & traders
FYERS
partners with True Data to offer
Integrated
APIs to retail traders for trade automation!
Offering
low latency Data feeds directly from the NSE & MCX for Indices, Equities,
Futures & Options
Bangalore,
India, May 13, 2020: Technology focused stock brokerage firm FYERS tied up with
the country’s leading data vendor, TrueData to further the agenda of the Indian
Algo trading ecosystem. Leveraging this partnership, FYERS will be offering
preferred access to Algo trading and reliable data feeds, through integrated
trading APIs.
Covid-19 – the #safebusiness
IEG project is ready!
Holding and taking part in trade shows in Italy in complete safety, in
total respect of the rules and healthcare protocols, protecting the health of
companies and visitors.
#safebusiness by IEG is the name of the project launched by IEG Italian
Exhibition Group, the trade fair and conference organizer with head offices in
Rimini, Italy and operative in Vicenza, Milan, Brescia, Rome, Arezzo and Naples
as well as in China, the United States, and Dubai with associated companies.
New stylish skeleton Calibre
Framed
by a 42mm steel case, the movement’s assembly and open-worked details are key
to the final horological aesthetic of this timepiece. The distinctive
characteristic remains the 6 o’clock front dial positioning of its visible
balance wheel. The dial, however, has been opened, exposing the manufacturing
beauty and highlighting the richness of watchmaking expertise, whilst infusing
it with its distinctive free-spirited attitude.
The
new stylish skeleton Calibre RW1212 is proof of the ever-evolving achievements
to these in-house movements. While working on the initial design of the Calibre
RW1212, the R&D team at Raymond Weil redesigned and pared down all the
elements closely relating to the exquisite mechanism so as to endow this
exclusive in-house movement with even more depth and character.
FM announces relief measures of about Rs 6tn for MSMEs!
A
Special economic and comprehensive
Package
of total Rs 20 lakh crores!
Update 1: Hon’ble Prime
Minister Shri Narendra Modi yesterday announced a Special economic and
comprehensive package of Rs 20 lakh crores - equivalent to 10% of India’s GDP.
He gave a clarion call for आत्मनिर्भर
भारत अभियान or Self-Reliant
India Movement. He also outlined five pillars of AtmaNirbhar Bharat – Economy,
Infrastructure, System, Vibrant Demography and Demand.