November 2, 2022

ACAMS Africa Conference Spotlights Rising Threats and Recommended Best Practices for AFC Professionals

Subject-matter experts from the Egmont Group, GIABA, OFAC, and other organizations to address evolving AML and sanctions expectations for financial institutions

MIAMI, Nov. 02, 2022 (GLOBE NEWSWIRE) — As part of its efforts to support anti-money laundering (AML) professionals and strengthen financial inclusion around the world, ACAMS will host a virtual training and networking event for its 5^th Annual AML & Anti-Financial Crime Conference – Africa. On November 7^th, high-level anti-financial crime (AFC) experts from the Egmont Group, Inter-Governmental Action Group Against Money Laundering in West Africa (GIABA), U.S. Treasury Department, Compliance Institute Nigeria, and many of the region’s largest banks, FinTech firms, crypto-asset platforms and other institutions will outline the latest AML and sanctions guidance for compliance professionals working in the region.

The conference will also feature keynote remarks from sanctions compliance officers at the U.S. Office of Foreign Assets Control (OFAC) and a special presentation and Q&A with Edwin W. Harris Jr., GIABA’s newly appointed Director General.

In addition to taking part in informal networking and professional-development sessions, attendees will learn strategies to strengthen collaboration among AFC stakeholders in the public and private sectors, manage risks associated with designated non-financial businesses and professions (DNFBPs), enhance cyber-hygiene and security for remote workers, and improve financial inclusion through technological solutions designed to mitigate Know Your Customer challenges, among other recommended compliance steps.

“With the Financial Action Task Force calling for more effective compliance and the Russian invasion of Ukraine driving a rise in AML and sanctions risks around the world, it’s more important than ever that financial institutions in Africa stay apprised of emerging threats and the latest best practices to shield themselves from criminal abuse,” said ACAMS CEO Scott Liles. “That’s why the ACAMS Africa Conference is designed to give attendees a platform to pose their most pressing compliance questions to the region’s most knowledgeable experts.”

“Whether you’re looking to more effectively monitor for signs of sanctions evasion, build an alliance between a brick-and-mortar bank and a FinTech company, or incorporate ESG controls into your AML frameworks, this event promises to deliver practical advice that can help shield your institution from monetary penalties and reputational harm,” he said.

Participants in the ACAMS Africa Conference will be able to livestream the event or view it on-demand for a 90-day period. Find out more about the conference here.

About ACAMS®

ACAMS is the largest international membership organization dedicated to providing opportunities for anti-financial crime (AFC) education, best practices, and peer-to-peer networking to AFC professionals globally. With over 100,000 members across 180 jurisdictions, ACAMS is committed to the mission of ending financial crime through the provision of anti-money laundering/counterterrorism-financing and sanctions knowledge-sharing, thought leadership, risk-mitigation services, ESG initiatives, and platforms for public-private dialogue. The association’s CAMS certification is the gold- standard qualification for AFC professionals, while the CGSS certification is its premier specialist qualification for sanctions professionals. ACAMS’ 60 Chapters globally further amplify the association’s mission through training and networking initiatives. Visit acams.org for more information.

Lashvinder Kaur
ACAMS
+44 7388 264478
lkaur@acams.org

GlobeNewswire Distribution ID 8687702

November 2, 2022

Hisense lance de nouvelles barres de son et de nouveaux haut-parleurs en Afrique du Sud, pour une expérience d’écoute d’un niveau supérieur

CAPE TOWN, Afrique du Sud, 2 novembre 2022/PRNewswire/ — Hisense, fabricant de produits électroniques de premier plan, a annoncé que la société apporte en Afrique du Sud une nouvelle gamme de produits destinés à améliorer l’expérience d’écoute. Les trois produits : HP100 Speaker pour la musique de fête, Dolby Atmos® AX5100G et AX3100G Soundbar pour le divertissement de niveau de théâtre, sont conçus dans le but d’offrir des performances défiant toute concurrence, avec des fonctions d’amélioration du son qui complètent les configurations cinématographiques personnelles des utilisateurs pour créer une expérience audiovisuelle immersive.

« Que ce soit pour une soirée cinéma à la maison ou une réunion d’amis en plein air, nous espérons offrir à nos clients une gamme de produits dotés de fonctions faciles à utiliser et puissantes qui leur permettent de créer des expériences cinématographiques ou musicales immersives », a déclaré Patrick, directeur du marketing chez Hisense South Africa.

Le haut-parleur Party Rock HP100 de Hisense présente un aspect tendance et accrocheur avec une finition noire élégante et des panneaux lumineux colorés autour de ses quatre haut-parleurs. Avec son système audio puissant et sa grande polyvalence, l’enceinte HP100 est conçue pour améliorer l’expérience de fête grâce à diverses fonctionnalités, notamment le mode Karaoké, cinq effets lumineux et cinq effets DJ.

La centrale sonore compacte, mais puissante, de la HP100 est équipée de deux woofers de 6,5 pouces et de deux tweeters de 2,5 pouces, suralimentés par sa puissance de sortie de 300 watts, et peut produire un son fort et net ainsi que des basses profondes et puissantes. Grâce à sa batterie d’une autonomie de 15 heures et à sa conception anti-éclaboussures IPX4, le HP100 permet aux utilisateurs de s’amuser toute la nuit, grâce aux jantes lumineuses éblouissantes qui ajoutent un effet électrisant à la scène musicale.

Les utilisateurs peuvent tirer parti des 340 watts de puissance maximale de l’AX5100G pour profiter d’une immersion totale dans la pièce, ainsi que de la prise en charge de Dolby Atmos® et de DTS : X® qui permet de transformer la musique, les films ou les jeux en un festin auditif surround d’un réalisme à couper le souffle.

Les barres de son AX5100G 5.1 canaux et AX3100G 3.1 canaux sont dotées de sept haut-parleurs qui transportent l’auditeur au centre de la scène musicale ou cinématographique, ainsi que d’un puissant subwoofer sans fil de 6,5 pouces qui produit des basses riches et puissantes, permettant aux utilisateurs de profiter des détails et de la profondeur exceptionnels de leurs morceaux et émissions préférés. Les deux modèles sont conçus pour plus de simplicité et de polyvalence, avec un design à montage mural et un large choix d’options de connectivité qui permettent aux utilisateurs de configurer facilement l’appareil en suivant des étapes d’installation simples.

Photo – https://mma.prnewswire.com/media/1934888/image_5020023_32572150.jpg

November 2, 2022

Orders for the Eviation Alice Pass US$ 2 Billion

Order Book for the World’s First Flight-Tested All-Electric Passenger Airplane Passes Major Milestone

ARLINGTON, Wash., Nov. 2, 2022 /PRNewswire/ — Eviation Aircraft, a manufacturer of all-electric aircraft, today announced that the order book for its world-leading nine-seater all-electric Alice airplane has passed a total value of US$ 2 billion.

The Eviation Alice conducted its first flight on 27 September 2022 at Grant County International Airport (MWH), Washington, U.S., the first all-electric commuter airplane to pass this test. This historic achievement marked the start of a new phase in the development of the Alice. Eviation is now focused on its certification program on the way to completing Entry into Service (EIS). Customers for the Alice so far include U.S. regional airlines Cape Air and Global Crossing and German airline operator EVIA AERO.

“Our order book passing the US$ 2 billion mark is a significant commercial milestone,” said Gregory Davis, President and CEO of Eviation. “This success demonstrates that the Alice is leading the industry and meeting the market demand for zero-carbon flight. We are already seeing a growing clamour from passengers for sustainable aviation, matched by an increasingly robust attitude from regulators. By ordering the Alice, our forward-thinking customers are positioning themselves wisely for the future.”

The Alice, built from a clean-sheet design around all-electric propulsion, produces no carbon emissions and costs significantly less to operate per flight hour compared to light jets or high-end turboprops. The aircraft is also quieter than combustion engine aircraft, allowing more flights into cities and communities where noise is a factor. Together, these developments promise to usher in a new era of low-cost point-to-point travel, reshaping the commuter and regional air market. Alice is powered by two magni650 electric propulsion units developed by magniX, the global industry leader in flight-proven electric propulsion systems.

“With almost 300 aircraft now on order, the Alice is receiving strong customer endorsement. The aircraft is capturing the hearts and minds of the marketplace with its beautiful design, low operating costs and carbon zero footprint,” said Eddie Jaisaree, Vice President, Commercial Sales at Eviation. “The Alice will not just protect the planet but also create a more enjoyable flight experience for passengers. Considering the environmental and fuel cost challenges facing conventional airlines, incorporating the Alice into our customers’ fleets will give them a significant competitive advantage.”

About Eviation Aircraft

Based in Washington State, Eviation Aircraft Inc. develops and manufactures electric aircraft to delight operators and passengers with green, cost efficient and convenient regional transportation. Its electric propulsion units, high-energy-density batteries, mission-driven energy management, and innovative airframe are designed from the ground up for electric flight. Please visit us at www.eviation.com.

Logo – https://mma.prnewswire.com/media/1509407/eviation_logo.jpg

November 2, 2022November 3, 2022

Report: Europe Warms More Than Any Other Continent in Last 3 Decades

Europe has warmed more than twice as much as the rest of the world over the past three decades and has experienced the greatest temperature increase of any continent, according to a report by the World Meteorological Organization.

The report on the state of the climate in Europe follows a summer of extremes. A record-breaking heat wave scorched Britain, Alpine glaciers vanished at an unprecedented rate and a long-lasting marine heat wave cooked the waters of the Mediterranean.

“Europe presents a live picture of a warming world and reminds us that even well-prepared societies are not safe from impacts of extreme weather events,” WMO secretary-general Petteri Taalas said in a statement.

From 1991 to 2021, temperatures over Europe warmed at an average of 0.5 degree Celsius per decade, the report said, while the global average was just 0.2 degree C.

Last year, extreme weather events made worse by climate change — chiefly floods and storms — caused more than $50 billion worth of damage in Europe.

The reason Europe is warming faster than other continents has to do with the fact that a large part of the continent is in the sub-Arctic and Arctic — the fastest-warming region on Earth — as well as changes in climate feedbacks, scientists said.

For example, fewer clouds over Europe during the summer has meant that more sunlight and heat now reaches the continent, said Freja Vamborg, senior scientist with the Copernicus Climate Change Service.

Some scientists have called Europe a “heat wave hot spot” as the number of heat waves on the continent has increased faster than in other regions because of changes in atmospheric circulation.

Although temperatures are rising, the European Union has cut greenhouse gas emissions by 31% between 1990 and 2020, the report said, and it aims to slash emissions by 55% by 2030.

On November 6, delegates will arrive in Egypt for COP27, the annual U.N. climate summit.

French President Emmanuel Macron and European Commission President Ursula von der Leyen are expected to attend. British Prime Minister Rishi Sunak’s decision not to attend the COP27 climate summit is being kept under review, his spokesman said Monday.

Source: Voice of America

November 2, 2022November 3, 2022

Explainer: Why the Black Sea Grain Deal Is Vital for Global Food Security

A landmark deal to allow grain exports from Ukraine, which was back on track Wednesday after being briefly suspended, has played a crucial role in easing a global food crisis sparked by the Russian invasion of Ukraine.

Brokered by the United Nations and Turkey and signed by Moscow and Kyiv on July 22, the agreement established a protected sea corridor to allow grain shipments to resume for the first time since the fighting began in February

Here is what we know about the deal, known as the Black Sea Grain Initiative:

Why was it needed?

When Russian troops attacked in late February, Moscow imposed a blockade on Ukraine’s Black Sea ports, halting all agricultural exports from one of the world’s breadbaskets.

The move left 20 million metric tons of grain stranded in Ukraine’s ports, causing food prices to surge worldwide.

Before the war, up to 90% of Ukraine’s wheat, corn and sunflower exports were transported by sea, mostly from Odesa, with many developing countries relying heavily on Kyiv for grain.

Agricultural commodity prices were high before the war because of the post-COVID-19 economic recovery, but the conflict pushed the price of grains such as wheat and corn to levels unsustainable for countries dependent on their import, such as Egypt, Lebanon and Tunisia.

What does the deal cover?

The deal ensures the safe export of grain, foodstuffs and fertilizers, including ammonia, from three Black Sea ports in southwestern Ukraine: Odesa, Chornomorsk and Pivdennyi.

The first grain ship to leave under the U.N.-backed deal set sail on August 1.

According to U.N. figures as of November 1, a total of 9.7 million metric tons of grain and other agricultural products have been transported in the first three months of the initiative, the vast majority involving wheat and corn.

Valid for 120 days, the agreement is up for renewal on November 19 in a process that can be done automatically without further negotiations.

The U.N. says extending the deal is crucial for global food security and is pushing for it to be renewed for one year.

Although the initiative is working well, shipments are about 40-50% lower than what they were before Russia’s invasion, the U.N. says.

How does it work?

According to the U.N.’s website, the agreement establishes a safe corridor between the three Ukrainian ports and an area in Turkish waters where the vessels are inspected before being allowed to continue their journey.

To monitor the agreement, a joint command and control center was set up in Istanbul to oversee smooth operations and resolve disputes.

Known as the Joint Coordination Center (JCC), the JCC has four teams of eight inspectors — two each from Russia, Ukraine, Turkey and the U.N.

These teams inspect outbound vessels carrying grain at the Turkish inspection area to ensure all merchandise is approved.

The teams also examine empty ships returning to Ukraine to ensure they are not carrying any weapons or other unauthorized goods or people.

Safe passage

The deal establishes a buffer zone of 10 nautical miles around each vessel traveling along the corridor with no military ships, equipment or drones allowed within that radius.

All ship movements logged by the JCC are transmitted to the relevant military authorities to prevent any incidents, with any violations or threats to be handled by the JCC.

At the start of the war, Ukraine mined its main Black Sea ports to head off threats of a Russian attack from the sea, but experts said it would take too long to de-mine all these areas.

The deal allows Ukrainians to guide the ships along safe routes that avoid known mine fields and into and out of its territorial waters.

Deal briefly suspended

On October 29, Russia said it was suspending its participation in the deal, accusing Ukraine of using the shipping corridor to launch a drone attack on its Black Sea fleet in Crimea’s Sevastopol port.

After a call between the Russian and Turkish defense ministers, the deal resumed operation at 0900 GMT on November 2 with Moscow saying it had received written guarantees from Kyiv ensuring the corridor would not be used for attacking Russian forces.

Source: Voice of America

November 2, 2022

CCTV+: Lyrics of In the Name of Youth

BEIJING, Nov. 2, 2022 /PRNewswire/ — Ruijin, the cradle of the People’s Republic of China, has created countless firsts in history. Songping Village is a historic site. On a wall, there wrote a few essays, rough in lines but tender in style, appearing to be doodles of pupils. In fact, these essays were written by the Red Army soldiers, who studied here some 90 years ago.

In the 1930s, the Kuomintang carried out a raging military “encirclement and suppression” and economic blockade in the Central Soviet Area. In 1933, the Communication School of the Chinese Workers’ and Peasants’ Red Army was established at Pingshan Hill of Songping Village during the ravaging war. A group of young Red Army soldiers, aged 16 to 17, with lower than elementary school-level knowledge, diligently studied radio technology to build the communication network for the Red Army.

It has been 90 years since then. Today’s young students may not be able to feel the hunger and thirst for knowledge of the youth in those days. After 90 years, we can no longer decipher how the young soldiers felt when they painted the graffiti on the wall. However, we can see traces of their lives here. This is the place where their loud reciting voices and their flourishing youth were recorded. It was during those years that they bravely rushed to the battlefield of communication only after a short period of learning.

The once teenagers became fading figures in the ocean of time, but their essays on the wall are still clear. What the rough and tender strokes represent is the indelible spirit of the Red Army. After 90 years, the wish behind the graffiti has already come true. The loyalty, faith, dedication, and sacrifices of generations of Communists have initiated the great revival of the Chinese nation. The shadows of the past are bygone, but the red mark on the land of Jiangxi has never faded and shall always remain brilliant.

Video – https://mma.prnewswire.com/media/1935979/Lyrics_of_In_the_Name_of_Youth.mp4

November 2, 2022

Zoom to Release Financial Results for the Third Quarter of Fiscal Year 2023

SAN JOSE, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM), today announced it will release its financial results for the third quarter of fiscal year 2023 on Monday, November 21, 2022, after the market closes.

A live Zoom Video Webinar of the event can be accessed at 2:00 pm PT / 5:00 pm ET through Zoom’s investor relations website at https://investors.zoom.us. A replay will be available approximately two hours after the conclusion of the live event.

About Zoom
Zoom is for you. Zoom is a space where you can connect to others, share ideas, make plans, and build toward a future limited only by your imagination. Our frictionless communications platform is the only one that started with video as its foundation, and we have set the standard for innovation ever since. That is why we are an intuitive, scalable, and secure choice for large enterprises, small businesses, and individuals alike. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Visit zoom.com and follow @zoom.

Public Relations
Colleen Rodriguez
Head of Global PR
press@zoom.us

Investor Relations
Tom McCallum
Head of Investor Relations
408.675.6738
investors@zoom.us

GlobeNewswire Distribution ID 8686055