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Leading Global Economist on COVID-19 and Financial Recovery: «We Cannot Win the War But Lose the Peace»

WASHINGTON, Aug. 4, 2020 /PRNewswire/ — The economic scars caused by COVID-19 will be felt for a long time, but future shocks must be avoided through strong global leadership, advanced public-private partnerships, renewed international cooperation, and increased social responsibility across industries, according to Allianz’s Chief Economic Advisor Mohamed El-Erian.

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Speaking on Podbridge, a new podcast series launched by the UAE Embassy and hosted by UAE Ambassador to the US Yousef Al Otaiba, El-Erian described the systemic economic risks caused by COVID-19, while in contrast, the Great Recession of 2008 was concentrated within the financial system. Today’s economic crisis will demand ongoing and complex interventions by international institutions, central banks, and national governments. Many people will require sustained economic relief simply to survive. Until a vaccine is proven effective, measures must be taken to ensure the ongoing health, safety, and economic productivity of society.

The Cambridge and Oxford trained economist noted that while interventionist policies during the 2008 financial crisis prevented an economic depression, they did not foster long lasting, durable and inclusive growth across all segments of society. This failing resulted in financial insecurity for many households which was worsened by the pandemic. «We cannot repeat the mistake of the global financial crisis, which was to win the war against the depression, but fail to secure the peace,» El-Erian warned.

COVID-19 has exposed just how contentious the U.S.-China relationship has become. «This is no longer a separation with a view to getting back together – this is a divorce; it either can be amicable or adversarial,» said El-Erian. As the onshoring of U.S. industries from China occurs, this decoupling should be gradual, but also requires a basic level of cooperation by both parties in areas where there are joint responsibilities. «Partnerships must be maintained on issues of global concern from tackling climate change to the pandemic response – the divorce is real, but we still have kids and joint responsibilities,» El-Erian noted.

Ambassador Al Otaiba and El-Erian agreed that a unified international approach will be necessary to revitalize the global economy. This requires making capitalism more inclusive and solving for globalization’s shortcomings, just as we make corrections for market failures.

Despite the challenges ahead, El-Erian closed on a hopeful note, observing a few silver linings emerging from the pandemic. «COVID-19 has sparked an emphasis on technological innovation and Artificial Intelligence applications; scientists across the world are collaborating on vaccine developments; and with the disruption to normal life, a renewed focus on corporate social responsibility, health and wellness, and caring communities has emerged,» El-Erian added.

«In the UAE, the pandemic has taught us to accelerate our focus on technology, to continue breaking barriers in fields like space exploration, and to reimagine our education system,» said Ambassador Al-Otaiba. «Yet this national strategy is paired with an international approach. The global community must come together to tackle major issues affecting our societies from COVID-19 to climate change and nuclear nonproliferation. We will not succeed if nations pursue their own path, with some countries advancing forward and others left further behind.»

Mohamed A. El-Erian is the chief economic adviser at Allianz SE, the parent company of Pimco, where he served as CEO and co-CIO. He is president-elect of Queens’ College, Cambridge, senior adviser at Gramercy and professor of practice at Wharton. His books include «The Only Game in Town» and «When Markets Collide.»

Podbridge is available on all major podcast platforms, including Apple Podcasts, Google Podcasts, Spotify, and other podcast services. For more information about Podbridge, visit www.podbridge.com and receive updates on Twitter @UAEUSAUNITED and Facebook.

Lamiyae Jbari
ljbari@uaeembassy-usa.org
202 243 2464

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SOURCE Embassy of the United Arab Emirates

Cellcom Israel Announces a Purported Class Action Filed Against the Company

NETANYA, Israel, Aug. 4, 2020 /PRNewswire/ — Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the «Company») announced today that a purported class action was filed against the Company, alleging that the Company unlawfully raised tariffs and therefore charged its customers for its services, in violation of its license, applicable law and the agreement with its customers. The amount claimed from the Company, if the lawsuit is certified as a class action, was estimated by the plaintiff to be…

About Cellcom Israel

Cellcom Israel Ltd., established in 1994, is a leading Israeli communications group, providing a wide range of communications services. Cellcom Israel is the largest Israeli cellular provider, providing its approximately 2.747 million cellular subscribers (as at March 31, 2020) with a broad range of services including cellular telephony, roaming services for tourists in Israel and for its subscribers abroad, text and multimedia messaging, advanced cellular content and data services and other value-added services in the areas of music, video, mobile office etc., based on Cellcom Israel’s technologically advanced infrastructure. The Company operates an LTE 4 generation network and an HSPA 3.5 Generation network enabling advanced high speed broadband multimedia services, in addition to GSM/GPRS/EDGE networks. Cellcom Israel offers Israel’s broadest and largest customer service infrastructure including telephone customer service centers, retail stores, and service and sale centers, distributed nationwide. Cellcom Israel further provides OTT TV services, internet infrastructure and connectivity services and international calling services, as well as landline telephone services in Israel. Cellcom Israel’s shares are traded both on the New York Stock Exchange (CEL) and the Tel Aviv Stock Exchange (CEL).

For additional information please visit the Company’s website http://investors.cellcom.co.il.

Company Contact

Elad Levy
Investor Relations Manager
investors@cellcom.co.il
Tel: +972-52-998-4774

Investor Relations Contact

Ehud Helft

GK Investor & Public Relations

cellcom@gkir.com

Tel: +1 617 418 3096

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SOURCE Cellcom Israel Ltd.

Bion Issues 2020 Mid-Year Update and Outlook

NEW YORK, Aug. 4, 2020 /PRNewswire/ — Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment technology that recovers high-value coproducts from the waste, today released a mid-year update and provided an outlook on the rest of 2020. The report focuses on three key areas:

Technology and organic co-product development
Midwest sustainable and/or organic corn-finished beef opportunity
Pennsylvania and national…

Technology and organic co-product development
Midwest sustainable and/or organic corn-finished beef opportunity
Pennsylvania and national policy and legislation

The full update can be found on Bion’s website at https://biontech.com/bion-update-and-outlook-august-2020/.

Craig Scott, Bion’s director of communications, stated, «We’ve had an exciting year, capped off with our first OMRI (Organic Materials Review Institute) Listing. While we have experienced challenges and delays like most, we are now back on track with our optimization trials. We expect to complete our final optimization phase around the beginning of September, subject to engineering and other potential delays, prior to an initial commercial installation.

We are increasingly optimistic about the opportunity to produce sustainable and/or organic corn-finished beef (and other animal protein products: dairy, pork, poultry/eggs). Consumer demand continues to trend toward improved sustainability, safety, and animal and worker welfare. Further, the pandemic has highlighted both the importance of responsible taxpayer spending on clean water and other issues, which should help move policy change, as well as the importance of keeping America’s food supply chain in America. We just need to clean it up and at the lowest cost possible.

Above all, we are increasingly optimistic for our shareholders. Recent successes by Impossible Foods and Beyond Meat (BYND), which enjoyed one of the strongest IPOs of 2019, indicate a strong appetite for transformation in the food supply chain from institutional and Wall Street investors. While we are not Beyond Meat, if successful, Bion’s business strategy encompasses a much broader swath of the industry than just the ground meat market that analysts have identified as the opportunity for plant-based meat substitutes. Food for thought.»

Bion provides comprehensive treatment and resource recovery for animal waste from large-scale livestock production facilities. The technology platform achieves dramatic verified reductions in environmental impacts, including nutrients (nitrogen and phosphorus), ammonia, greenhouse and other gases, as well as pathogens in the waste stream, while improving resource and operational efficiencies through the production of valuable coproducts. For more information, see Bion’s website, www.biontech.com.

This material includes forward-looking statements based on management’s current reasonable business expectations. In this document, the words ‘anticipate’, ‘to be’, ‘outlook’ and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes.

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SOURCE Bion Environmental Technologies, Inc.

JGL Files Lawsuit on behalf of Montgomery County parents & schools

GREENBELT, Md., Aug. 4, 2020 /PRNewswire/ — A group of Montgomery County parents and Montgomery County religious schools filed a suit in Greenbelt Federal court this evening seeking an injunction against Montgomery County’s order closing classroom instruction in religious and private schools.

The suit alleges that the County Health Officer lacked the authority to make such a sweeping order, and that County’s this action interfered with the constitutional rights of religious and other private schools.

The suit references that early in the day, Maryland Governor Larry Hogan amended his emergency orders to make it clear that the County cannot rely on the governor’s emergency power to close religious and other private schools. It is unclear whether the County will attempt to enforce its order relying on other legal authority.

The plaintiffs are being represented by Timothy F. Maloney of Joseph, Greenwald & Laake, P.A.

«This County’s order targeting religious and private schools for closure was the only one of its kind in the entire country,» said Timothy Maloney, attorney for the plaintiffs. «It was plainly unconstitutional. It disrupted the lives of thousands of Montgomery County families. Now that Governor Hogan has acted decisively, the County should immediately rescind its illegal order.»

About Joseph Greenwald & Laake

For more than 50 years, Joseph Greenwald & Laake has represented individuals and businesses in Maryland and the District of Columbia.

Contact: Joseph Greenwald & Laake, P.A.
Timothy Maloney; TMaloney@jgllaw.com
Phone: 301-220-2200

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SOURCE Joseph Greenwald and Laake

Grasstaken Media Agency Uses Digital Media to Support the Fights Against Racism and the Global Pandemic

PHILADELPHIA, Aug. 4, 2020 /PRNewswire/ — Our world is changing, and in these historic times, businesses are being challenged in new ways. In the wake of a global pandemic and in the midst of revolutionary protests against racism, companies have begun to focus on offering more prevalent online platforms and using these platforms to stand up and support a cause.

These two worlds have collided with Grasstaken, a full-service media agency based in Philadelphia…

These two worlds have collided with Grasstaken, a full-service media agency based in Philadelphia that focuses on creating digital content for social awareness. The agency, which opened in the summer of 2019, has seen an uptick in business over the past months. Priding itself on culturally responsive branding, Grasstaken places a high value on supporting small businesses and advocates of social good.

The media agency made history earlier this year with their campaign with Hanifa, a contemporary apparel line for women. The campaign was a 3D virtual fashion show which was aimed at bringing awareness to coltan mining in the Democratic Republic of Congo. The revolutionary fashion show, launched during the COVID-19 pandemic, was made accessible to audiences all over the world via Instagram.

Grasstaken has also partnered with One Fair Wage, which is an organization focused on bringing awareness to tip workers across the U.S., and has worked with celebrities such as Jane Fonda and Hilary Clinton to promote their platform.

They have also created online content for Black Menswear, a Dallas-based network of men looking to shine a positive light on the black culture in the media and to bring awareness to the negative stereotypes of the black man in America.

Currently, Grasstaken is working with Samsung NEXT Diversity and Inclusion (D&I) team and Diverse Founders Initiative (DFI) to provide digital content strategy and production. The work aims to increase diversity within the tech founder sphere, highlight equal opportunities for aspiring entrepreneurs from all walks of life, and provide content that is culturally relevant.

And most recently, an artist from Grasstaken created an illustration and gifted the rights to the family of Breonna Taylor, whose tragic death has sparked a fight for police reform all over the country. The artwork will be used to support a campaign with the WBNA and Phenomenal Foundation. The image has also been posted by many high-profile individuals in entertainment, including NBA Players, Natalie Portman, and Tracee Ellis Ross, among others.

«In a time when having a digital platform is just as important as social awareness, Grasstaken focuses on creating and growing responsible digital content for businesses of all backgrounds,» said Rod Coplin, the lead creator at Grasstaken. «We value supporting causes that can truly make a difference in our world.»

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SOURCE Grasstaken Media Agency

Apply Now: National College Scholarship Application Now Open for High School Students

LANSDOWNE, Va., Aug. 4, 2020 /PRNewswire/ — Today, the Jack Kent Cooke Foundation announced the opening of applications for its College Scholarship Program, which is designed to help reduce financial barriers for talented students applying to selective colleges and universities. In addition to the financial award, selected students receive college planning guidance and ongoing advising throughout their college experience and early career. Students also benefit from joining a unique network of scholars and alumni.

«Year after year we are amazed by the talent, passion, and determination of today’s high school students,» said Seppy Basili, the Foundation’s executive director. «In a time of national crisis and uncertainty, the Jack Kent Cooke Foundation is especially proud to help students meet their greatest potential, through financial support, individualized advising and coaching, and the connection to a diverse community of peer scholars.»

The College Scholarship Program awards up to $40,000 per year for four years of undergraduate study to complete their bachelor’s degree. The application is available exclusively via the Common App’s online platform, which provides a familiar and streamlined experience for students.

«Too often, students with incredible academic promise and achievement are locked out of the opportunity to attend a highly selective university, due to cost,» said Jenny Rickard, President and CEO of Common App. «We are committed to helping vulnerable students, and especially students of color, access a life-changing postsecondary education. The Cooke College Scholarship is one of those avenues that serves as a tremendous resource to ensure exceptionally talented students with financial need have the opportunities to succeed.»

To be eligible for the Cooke College Scholarship Program, applicants must meet the following eligibility requirements.

Senior standing – Plan to graduate from a U.S. high school in spring 2021.
Fall College Enrollment – Intend to enroll in an accredited four-year college beginning in fall 2021.
GPA – Earn a cumulative unweighted GPA of 3.5 or above.
Income – Demonstrate unmet financial need. We will consider applicants with family income up to $95,000. Last year’s cohort of new college scholarship recipients had a median family income of approximately $35,000.
This year, the Cooke Foundation will not require applicants to submit test scores for the College Scholarship Program application, and we will be «test blind» in the review process.

Through a longstanding partnership with the College Board, the Foundation is able to increase opportunities for students identified through the PSAT/NMSQT® and PSAT™ 10. The Foundation received 5,400 completed College Scholarship Program applications last year and selected 118 Cooke College Scholars. Before heading to campus this fall, new scholars have the opportunity to virtually connect and network with their cohort, and participate in college and career workshops led by program staff and alumni.

The final deadline to submit the completed College Scholarship Program application is October 30, 2020. The application will close at midnight in the applicant’s local time zone.

For more details on the scholarships and the application process, please visit:
www.jkcf.org/college.

About the Jack Kent Cooke Foundation:
The Jack Kent Cooke Foundation is dedicated to advancing the education of exceptionally promising students who have financial need. Since 2000, the Foundation has awarded over $222 million in scholarships to over 2,800 students from 8th grade through graduate school, along with comprehensive educational advising and other support services. The Foundation has also provided $115 million in grants to organizations that serve such students. www.jkcf.org

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SOURCE Jack Kent Cooke Foundation

Apply Now: National Scholarship Application for Community College Students Transferring to Four-Year College Fall 2021

LANSDOWNE, Va., Aug. 4, 2020 /PRNewswire/ — Today, the Jack Kent Cooke Foundation announced the opening of applications for its Undergraduate Transfer Scholarship, which is designed to help reduce financial barriers for talented students applying to selective colleges and universities. In addition to the financial award, selected students receive college planning guidance and ongoing advising throughout their college experience and early career. Students also benefit from joining a unique network of scholars and alumni.

«We know that community college students demonstrate great leadership and academic achievements, yet are often overlooked by selective colleges and universities,» said Seppy Basili, the Foundation’s executive director. «We are proud to shine a spotlight on exceptional community college students, and offer a community of peers, advisers, and alumni that can support their transition to a new institution, and to a meaningful career.»

The Undergraduate Transfer Scholarship, awards community college students with up to $40,000 per year for up to three years to complete their bachelor’s degree. The application is available exclusively via the Common App’s online platform, which provides a familiar and streamlined experience for students.

«Community college can be a terrific, affordable pathway to some of our country’s top universities,» said Jenny Rickard, President and CEO of Common App. «We are committed to helping vulnerable students and students of color access a life-changing postsecondary education, and believe the Cooke Undergraduate Transfer Scholarship is among the best opportunities for exceptionally talented students. Cost should not get in the way, and we are proud to make accessing financial aid easier for students.»

To be eligible for the Jack Kent Cooke Foundation Undergraduate Transfer Scholarship, at a minimum, applicants must meet the following eligibility requirements:

Sophomore Status – Be a current student at an accredited U.S. community college or two-year institution with sophomore status by January 1, 2021, or a recent graduate (since spring 2016).
Fall College Enrollment– Plan to enroll full-time in a baccalaureate program at an accredited college or university in fall 2021.
GPA– Have a cumulative undergraduate grade point average of 3.50 or better on a 4.0 scale (or the equivalent).
Financial Need– Demonstrate unmet financial need. We will consider applicants with family income up to $95,000.
No previous enrollment or attendance at a four-year institution – Students who have attended a four-year institution in the past are not eligible for this scholarship.

The Foundation received nearly 1,500 completed Undergraduate Transfer Scholarship applications last year and selected 50 Cooke Transfer Scholars. Before heading to campus this fall, new scholars have the opportunity to virtually connect and network with their cohort, and participate in college and career workshops led by program staff and alumni.

The final deadline to submit the completed Undergraduate Transfer Scholarship application is January 6, 2021. The application will close at midnight in the applicant’s local time zone.

For more details on the scholarships and the application process, please visit: www.jkcf.org/transfer.

About the Jack Kent Cooke Foundation:

The Jack Kent Cooke Foundation is dedicated to advancing the education of exceptionally promising students who have financial need. Since 2000, the Foundation has awarded over $222 million in scholarships to over 2,800 students from 8th grade through graduate school, along with comprehensive educational advising and other support services. The Foundation has also provided $115 million in grants to organizations that serve such students. www.jkcf.org

View original content to download multimedia:http://www.prnewswire.com/news-releases/apply-now-national-scholarship-application-for-community-college-students-transferring-to-four-year-college-fall-2021-301105701.html

SOURCE Jack Kent Cooke Foundation

8 Reasons Why a Japanese Garden Might be the Escape you Need During COVID-19

PORTLAND, Ore., Aug. 4, 2020 /PRNewswire/ — With months of quarantine, travel restrictions, and a new way of living, it’s no wonder we’re all looking for ways to cope in the age of COVID-19. Getting away to a Japanese garden like Portland Japanese Garden might be just the answer you need.

Experience another country without taking a flight – Transport yourself to Japan by visiting a Japanese garden to see an authentic tea house and hear the distant clunk of a bamboo shishi odoshi, or deer chaser.
Being outside is healthy – There’s increasing evidence that being outside is the safest way to get out of the house while staying healthy and socially distanced.
It will be your most popular Instagram post – With the picturesque bridges, meandering paths, and photogenic Koi fish, it’s hard to take a bad photo at a Japanese garden. Your followers will thank you for not posting another photo of your #dinnerathome.
Water Under the Bridge – One day we can say that about 2020. But for now, walking over bridges helps the mind and body move forward.
Zig Zag Bridges Offer Different Perspectives – Life looks different when you turn a corner and look from another perspective. You might even think of some silver linings from COVID-19.
Japanese gardens are designed for every season – So no matter when you go, it’s always looking its best.
Embracing Wabi Sabi – This Japanese concept of seeing the perfection in the imperfection is especially helpful as we’re trying to deal with everything from home schooling to home hair coloring.
They’re relevant in this age of racial reckoning – Many Japanese gardens, like Portland Japanese Garden, were established in the U.S. after World War II as a way for two cultures to come together on common ground. They promote the importance of an open heart, tolerance, and mutual understanding.

About Portland Japanese Garden:
Portland Japanese Garden is a nonprofit organization originally founded in 1963 as a place for cross-cultural understanding following World War II. The Garden is considered the most authentic Japanese garden outside of Japan and the foremost Japanese cultural organization in North America. For information on visiting see: japanesegarden.org/reopening.

Media Contacts:
Megumi Kato | 503-542-0288| mkato@japanesegarden.org  
Lisa Christy | 503-328-0050 | lchristy@japanesegarden.org

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SOURCE Portland Japanese Garden

National Cannabis Courier Talaria Transportation Expands Fleet Network with New Headquarters in Ohio

COLUMBUS, Ohio, Aug. 4, 2020 /PRNewswire-PRWeb/ — Talaria Transportation, LLC («Talaria»), a privately held company specializing in secure, compliant logistics for the legal cannabis industry, today announced the expansion of its fleet network with new headquarters in Columbus, Ohio. The company currently has facilities in Scranton, Pittsburgh, and corporate headquarters in

Talaria has developed logistic partnerships with licensed cannabis cultivators, dispensaries, and brands across 14 state markets. The company offers safe and traceable cash management, product distribution, and fleet services for lab testing with its 130-person security team of former police officers and military veterans.

A transport provider for 223 dispensaries in total and more than a third of the operating medical cannabis dispensaries in Ohio, Talaria also acts as distributor for five of the 24 cultivation sites in the state. The Ohio medical marijuana market has showed steady growth in 2020, with over 100,000 registered patients and numbers increasing by an average of seven percent month-over-month, according to Marijuana Business Daily.

«Over the past year, we’ve experienced accelerated growth in the Midwest and it’s exciting to now have official headquarters in Ohio to meet the increasing needs of those accounts. This expansion is a testament to our dependability and future longevity in the industry,» stated CEO and Founder Ari Raptis who was named a Top 40 Under 40 Rising Star in Cannabis by Marijuana Venture magazine.

Since its establishment in 2017, Talaria has emerged as one of the premier transportation providers for the highly regulated cannabis industry due to its ability to ensure state-specific compliance measures, mitigate risk, and act as a single source solution for companies looking to expand their distribution.

For more information, visit Talaria.com.

About Talaria:
Established in 2017, Talaria Transportation, LLC is a privately held company specializing in secure logistics for the legal cannabis industry. Talaria is currently operating in 14 states and provides optimum systems for every facet of the market, including product, payment, cash processing, and lab testing transportation. With a professional team comprised of retired police officers and military veterans, the Company is dedicated to delivering health throughout the United States and North America. Talaria Transportation is headquartered at 3576 West Chester Pike, #373, Newtown Square, Pennsylvania, 19073. For information, visit Talaria.com.

SOURCE Talaria Transportation, LLC

Junto Media Realigns, Rebrands as Voxtopica

WASHINGTON, Aug. 4, 2020 /PRNewswire-PRWeb/ — Junto Media, the Washington, D.C.-based podcast production agency for businesses and organizations, announces a new initiative to realign its corporate vision. Beginning August 1, the company will focus exclusively on providing podcasting services to the public affairs industry, including corporations, non-profits, and associations.

To support the change, the company is rebranding with…

To support the change, the company is rebranding with a new name, logo, and website that highlights its public affairs experience and extensive podcasting expertise. Moving forward, the company will operate as Voxtopica.

«For the past three years, Junto Media has worked with podcasters all over the world to bring to life the issues that they are most passionate about. As evidenced by the 3 million downloads we’ve secured for them since 2019, our expertise in producing high-quality, cost-effective, entertaining and informative podcasts is unmatched,» said founder and president Richard Fawal. «And while it’s been thrilling to work on shows ranging from craft beer to true crime, we’ve realized that our passion is in making a difference in our world. This new alignment of our corporate vision, and birth of Voxtopica, will allow us to do just that.»

Voxtopica will focus on creating, distributing, and promoting exceptional podcasts for clients in the public affairs market, serving public officials, non-profit organizations, trade associations, and more.

«More than anything, our goal will be to help clients provide interesting, educational, and entertaining audio content that informs, empowers, and delights their listeners,» said Fawal. «We’re excited to get started.»

As a full service podcast partner offering creative concepting, professional audio production, marketing, advertising, and sponsorship alignment, Voxtopica will align it’s clients’ goals and brand to develop unparalleled podcast experiences.

About Voxtopica
Voxtopica brings together decades of public affairs experience, unequaled audio production expertise, and highly efficient project management to produce the very best podcasts in the industry. Follow us on LinkedIn for updates.

SOURCE Voxtopica