Senmiao Technology Announces Third Order of 200 Electric Vehicles Under Framework Agreement with BYD

CHENGDU, China, Feb. 25, 2021 /PRNewswire/ — Senmiao Technology Limited («Senmiao») (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that it has ordered another 200 electric vehicles («EVs») manufactured by BYD Company Limited («BYD», HK: 1211 and SZSE: 002594) from an authorized dealer of BYD Auto Sales Co.,…

CHENGDU, China, Feb. 25, 2021 /PRNewswire/ — Senmiao Technology Limited («Senmiao») (NASDAQ: AIHS), a provider of automobile transaction and related services targeting the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that it has ordered another 200 electric vehicles («EVs») manufactured by BYD Company Limited («BYD», HK: 1211 and SZSE: 002594) from an authorized dealer of BYD Auto Sales Co., Ltd., which is a wholly-owned subsidiary of BYD. The first batch of 100 automobiles from this order is expected to be delivered to the Chengdu office of Senmiao during the first week of March 2021.

Senmiao expects to provide finance and leasing options for these EVs to ride-hailing drivers in one of its two principal markets, Chengdu, while exploring the opportunities to expand to new markets in other cities. Since launching its proprietary ride-hailing platform in the fourth quarter of 2020, Senmiao has seen large demand for EVs in financial leasing and operating leasing segments of the online ride-hailing industry in China. Senmiao also expects to implement services and technology in these vehicles in preparation for independent drivers to use them for ride-hailing activities, including advanced telematics and mapping software.

The order was made pursuant to the previously announced framework agreement with BYD Auto Sales Co., Ltd. for the purchase of BYD manufactured EVs and joint promotion of the use of EVs in China’s ride-hailing market. With this third order, Senmiao has ordered an aggregate of 1,200 of the 5,000 vehicles expected to be ordered in 2020-2021. Senmiao intends to finance the purchase of these 200 vehicles with cash on hand.

Xi Wen, Senmiao’s Chairman and Chief Executive Officer, stated, «We are pleased to place this third order of 200 EVs from our partner BYD for our growing online ride-hailing business in Chengdu. We anticipate receiving 100 vehicles from BYD in Chengdu next week and look forward to meeting demand in the market from drivers utilizing our financing options. Our mission is to make these vehicles accessible to independent drivers, allowing them to easily transition into ride-hailing drivers as a profession. We have witnessed very positive growth and development of our own online ride-hailing platform in the past three months and reported strong January 2021 operating metrics with more than 910,000 rides completed. We expect this trend to continue within our existing markets as we explore the possibility of entering new cities.»

About Senmiao Technology Limited

Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchase and financing, management, operating lease, guarantee and other automobile transaction services as well as operates its own ride-hailing platform aimed principally at the growing online ride-hailing market in Senmiao’s areas of operation in China. For more information about Senmiao, please visit: http://www.senmiaotech.com.

Cautionary Note Regarding Forward-Looking Statements 

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements (including those relating to Senmiao’s purchase of EVs under the framework agreement with BYD and the potential expansion of operations to other cities in China) also are subject to risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao’s filings with the SEC, and represent Senmiao’s views only as of the date they are made and should not be relied upon as representing Senmiao’s views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances. 

For more information, please contact:

At the Company:
Yiye Zhou
Email: edom333@ihongsen.com 
Phone: +86 28 6155 4399

Investor Relations:
The Equity Group Inc.                                                                       In China
Adam Prior, Senior Vice President                                                   Lucy Ma, Associate
(212) 836-9606                                                                                 +86 10 5661 7012
aprior@equityny.com                                                                        lma@equityny.com 

© 2021 Senmiao Technology Ltd.  All rights reserved.

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SOURCE Senmiao Technology Limited

Hi-tech batteries support boost in demand for household solar energy

DURHAM, N.C., Feb. 25, 2021 /PRNewswire/ — Engineers at Gridtential Energy, Inc. and Electric…

DURHAM, N.C., Feb. 25, 2021 /PRNewswire/ — Engineers at Gridtential Energy, Inc. and Electric Applications Incorporated (EAI), supported by the Consortium for Battery Innovation (CBI), are working to further develop quick and safe ‘plug and play’ solar powered energy storage systems to meet the boom in demand for renewable, and secure, energy in U.S. homes.

Gridtential and EAI are developing advanced batteries that could accelerate the move to greener power in U.S. homes.

Gridtential Energy is the pioneer of Silicon Joule™, an innovative bipolar battery technology, which uses silicon wafers (similar to those in solar cells) in traditional lead batteries to reduce weight and achieve performance competitive with lithium-ion at a lower cost. The new research project will combine Silicon Joule technology with the testing expertise of EAI to develop high voltage reference batteries specifically for so-called behind-the-meter energy storage applications.

The advanced batteries developed by Gridtential and EAI could accelerate the move to greener power in homes across the nation as the new U.S. president drives forward climate change policies and the low carbon transformation of the economy.

Behind-the-meter (BTM) energy storage is a critical piece for the decarbonization landscape with systems booming in demand. In the U.S. alone, Wood Mackenzie predicted 430 MW installed in 2020, reflecting an increase of more than 100% over 2019.

This is driving the need for affordable, safe, high-performing batteries in easy-to-connect packages that incorporate renewable energy for the residential market.

John Barton, CEO of Gridtential, said: «Integrated PV-battery backup system is a fantastic application for Silicon Joule technology due to its superior cycle life, low cost, safety, and recyclability; all of which are of utmost importance to residential consumers and small business owners and set this technology apart from other batteries.»

The research collaboration will involve constructing mini-systems using Silicon Joule bipolar batteries for testing, with EAI developing an optimized charge scheme to replicate real-life energy storage systems.

Building on CBI’s technical roadmap goals to maximize cycle life and energy throughput – two key technical parameters for renewable energy storage – this project is critical for delivering insights to enhance lead battery performance.

Dr. Matt Raiford, Technical Manager of CBI, said: «This exciting partnership will delve into the performance of bipolar lead battery packs using sizing commonly seen in residential energy storage systems.»

«Demand reduction and renewable energy storage applications are a booming market for advanced lead batteries and the most popular in the residential sector» he added. «This project will contribute to a new battery technology being available to meet growing demand in the United States and further afield».

As part of CBI’s 2021 research program dedicated to enhancing lead battery performance under the banner of energy storage, the project with Gridtential and EAI is pushing the boundaries to deliver next-generation batteries. 

Notes to editors:

  1. The Consortium for Battery Innovation is the world’s only global pre-competitive research organization funding research into lead batteries for energy storage, motive and automotive applications. For more than 25 years, with its global membership of battery manufacturers, industry suppliers, research institutes and universities, CBI has delivered cutting-edge research pushing the boundaries of innovation in lead battery technology, setting the standard for advanced lead batteries and the next generation of energy storage. For more information, visit our website: www.batteryinnovation.org
  2. Dr. Matt Raiford, Technical Manager of CBI, is available for interview. For more information, please contact CBI’s media contact: Niamh Owen-McLaughlin, +44 7593 445 096; Niamh.mclaughlin@batteryinnovation.org
  3. John Barton, CEO of Gridtential, is available for interview. For more information, please contact Josh Green, gridtential@firebrand.marketing, +1 415 235 4006.

Contact Niamh Owen-McLaughlin 
niamh.mclaughlin@batteryinnovation.org
+44 7593 445 096

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SOURCE Gridtential Energy, Inc.

Astana Club: TOP-10 Risks for Eurasia Are Already Coming True in 2021

NUR-SULTAN, Kazakhstan, Feb. 25, 2021 /PRNewswire/ — Astana Club, one of the most esteemed geopolitical forums for Europe and Asia, announces the latest edition of the international rating «TOP-10 Risks for Eurasia in 2021».

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NUR-SULTAN, Kazakhstan, Feb. 25, 2021 /PRNewswire/ — Astana Club, one of the most esteemed geopolitical forums for Europe and Asia, announces the latest edition of the international rating «TOP-10 Risks for Eurasia in 2021».

The rating is developed by the Institute of World Economics and Politics (IWEP), comprising over 40 international experts and 1,200 professional respondents from 75 countries in Eurasia.

The COVID-19 pandemic remains the key element to accelerate the risks in 2021 and affects recovery, social stability, digital and climate threats and the escalation of confrontations between key geopolitical players.

A brief rundown of the TOP-10 risks is presented below:

  1. THE PANDEMIC 2.0
    Given the absence of effective international cooperation mechanisms to combat the infection and the constant mutation of the virus, the pandemic threatens to continue throughout 2021, possibly longer.
  2. RECOVERY UNDER THREAT
    The pandemic, collapse of economic activity, geopolitical and social instability and the debt crisis of emerging markets are key factors that threaten the shaky recovery of the world economy.
  3. US-CHINA COLD WAR
    The US and China have crossed practically all «red lines» during the pandemic; this confrontation will transform into full scale systemic conflict in 2021.  
  4. CRISIS AROUND IRAN
    Growing tensions around Iran may trigger a large-scale military confrontation, thus dealing a crushing blow to the international energy market.
  5. DECOUPLING
    Decoupling of the West and China will not only continue under the new US administration but will gain a dangerous new dynamic in 2021.
  6. DISSOLUTION OF THE NUCLEAR NON-PROLIFERATION REGIME
    The erosion of key nuclear treaties and institutions along with outstripping developments in military technologies threaten to initiate a new nuclear arms race.
  7. EXPLODING SOCIAL PROTESTS
    Political systems in many countries will come under unprecedented pressure as the economic and social impact of COVID-19 mounts.
  8. GLOBAL CYBER CRISIS
    The absence of uniform rules in the digital domain opens the road to massive cyber-attacks, which may become the catalyst for a global-level crisis.
  9. DIGITAL TOTALITARIANISM
    Total digitalization, accelerated by the pandemic, offers unprecedented opportunities to control personal data and political censure, creating the risk of a new type of totalitarianism.
  10. FAILURE OF DECARBONISATION
    In 2021, the world will be concerned with recovering economic growth, meaning plans to decarbonize and reduce CO2 emissions will be pushed to one side, especially in developing countries.

The full report is available at: Link

 

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SOURCE Astana Club

Global insurers unite to tackle climate risk with launch of Geneva Association Task Force

–  The Geneva Association has mobilised experts from 17 of the world’s largest P&C and life insurers, representing the companies of its CEO members, to develop and hone climate risk assessment methodologies and tools for the insurance industry.

–  The first report of the task force presents an integrated decision-making framework for climate risk assessment that considers four dimensions: 1) business line (P&C versus life); 2) side of balance sheet (assets versus liabilities); 3) time horizon (short-medium- versus long-term); and 4) type of risk…

–  The Geneva Association has mobilised experts from 17 of the world’s largest P&C and life insurers, representing the companies of its CEO members, to develop and hone climate risk assessment methodologies and tools for the insurance industry.

–  The first report of the task force presents an integrated decision-making framework for climate risk assessment that considers four dimensions: 1) business line (P&C versus life); 2) side of balance sheet (assets versus liabilities); 3) time horizon (short-medium- versus long-term); and 4) type of risk (physical and transition). The report sets the stage for the task force to drive innovations in this space.

–  The task force will be engaging with regulators, supervisors, rating agencies and the scientific community to identify the most appropriate approaches.

ZURICH, Switzerland, Feb. 25, 2021 /PRNewswire/ — The Geneva Association’s new report, Climate Risk Assessment for the Insurance Industry, finds that, for both P&C and life re/insurers, climate change poses different levels of physical and transition risks to both sides of the balance sheet, liabilities and assets. Climate risk assessment requires qualitative and quantitative approaches over short- and long-term time horizons and must account for uncertainties associated with transitioning. Knowledge sharing across companies and with other stakeholders is critical to raising risk awareness and leveraging all available expertise.

Geneva_Association_Logo

Jad Ariss, Geneva Association Managing Director, said: «In 2020 alone, the world witnessed massive wildfires in California and Australia, historic floods in China and a record hurricane season in the Atlantic. The societal impacts of climate change have become ubiquitous, and individuals and institutions must fully commit now to confronting the climate crisis. Insurers are obvious, strong leaders on global climate action, given their core functions – managing risk and investing – and our industry-led initiative demonstrates that they are proactively rising to the occasion.»

Maryam Golnaraghi, Director Climate Change and Emerging Environmental Topics and project leader, said: «This initiative is taking the insurance industry’s climate action and collaboration to the next level. Building on lessons learned from previous pilots and initiatives, our task force is focused on advancing climate risk assessment and scenario analysis anchored in companies’ decision-making, in line with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). Our first report lays the foundation for us to design and test methodologies and tools  – in collaboration with regulators and the scientific community –  to converge on robust solutions for P&C and life insurers.»

Global re/insurance companies represented on the task force: Achmea, Aegon, AIG, Allianz, Aviva, AXA, Chubb, Daichi Life, Hannover Re, Intact Financial, Manulife, MetLife, Munich Re, Prudential Financial, SCOR, Swiss Re, Tokio Marine.

The task force will continue its work analysing the insurance regulatory landscape related to climate risk and conduct a technical ‘deep dive’ to develop  scenario analysis and qualitative and quantitative tools.

About The Geneva Association

The Geneva Association is the only global association of insurance companies; its members are insurance and reinsurance CEOs. Based on rigorous research conducted in collaboration with its members, academic institutions and multilateral organisations, The Geneva Association:

–  Identifies and investigates key trends and risk areas that are likely to shape or impact the insurance industry and develops corresponding recommendations for the industry and for policymakers;

–  Provides a platform to its members, policymakers, academics, multilateral and non-governmental organisations to discuss these trends and recommendations;

–  Highlights the positive contributions of insurance to a better understanding of risks and to building more resilient and prosperous economies and societies – in both developed and emerging countries – and thus a more sustainable world.

In total, the companies of Geneva Association members are headquartered in 25 countries around the world; manage USD 17.1 trillion in assets; employ 2.4 million people; and protect 1.8 billion people.

Contact:
Pamela Corn
Director Communications
+41 44 200 49 96  
pamela_corn@genevaassociation.org

 

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SOURCE The Geneva Association

CCSU Establishes the John Lewis Institute for Social Justice

NEW BRITAIN, Conn., Feb. 25, 2021 /PRNewswire/ — Central Connecticut State University (CCSU) today announced it has established the John Lewis Institute for Social Justice to empower a new generation to follow in the footsteps of the civil rights leader in building a better and more just world. The Institute seeks to inspire students to not only recognize inequality, but to help eliminate injustice by fostering a deeper understanding of its roots. Through its mission, the…

NEW BRITAIN, Conn., Feb. 25, 2021 /PRNewswire/ — Central Connecticut State University (CCSU) today announced it has established the John Lewis Institute for Social Justice to empower a new generation to follow in the footsteps of the civil rights leader in building a better and more just world. The Institute seeks to inspire students to not only recognize inequality, but to help eliminate injustice by fostering a deeper understanding of its roots. Through its mission, the Institute hopes to develop students who become social justice advocates and leaders inspired to pursue careers in public service.

«An important component of our mission is to prepare students to be thoughtful, responsible and successful citizens. As our society continues to struggle with the persistence of inequality, many of our students have proactively sought out ways to become more informed and involved in social justice initiatives,» said Dr. Zulma Toro, president of CCSU. «The founding of this Institute is yet another example of how we are creating innovative opportunities to help our students excel by providing them with learning experiences both in and out of the classroom.»

Scott Pioli ’88, a longtime supporter of social justice initiatives, is the Institute’s founding donor. He will also serve as founding chair to guide the direction, curriculum, experiences and outcomes for the Institute’s student scholars. In addition to Pioli, the Institute will be led by Dr. Stacey Miller, the University’s recently appointed Vice President for the Office of Equity and Inclusion, who will serve as executive director. Dr. Miller will be responsible for the oversight of the student cohort and all programming. Both Mr. Pioli and Dr. Miller will also identify additional advisory panel members.

«Throughout my career I have worked to champion equal rights for underserved and minority populations, so when President Toro approached me with this opportunity, I knew I wanted to be involved,» said Mr. Pioli, an NFL Network and CBS Sports analyst and five-time NFL executive of the year. «I am incredibly proud of CCSU for taking the initiative to launch this Institute, and I am honored to have the opportunity to partner with the University and its student scholars to continue working towards social justice.»

Social justice is a communal effort dedicated to creating and sustaining a fair and equal society in which each person and all groups are valued and affirmed. It encompasses efforts to end systemic violence, racism and all systems that devalue the dignity and humanity of any person.

Inspiring Students to Seek «Good Trouble»

Through the Institute, student scholars will explore social justice in deeper context by delving into topics including public service, civil rights, environmental racism, food insecurity, social justice, mass incarceration and under-represented populations. They will also create, lead and participate in social justice initiatives both on campus and in the surrounding communities.

«Throughout his life of service in pursuit of justice, Rep. Lewis encouraged young people to get into ‘good trouble, necessary trouble,’ and this Institute will encourage our students to carry on his legacy and fight for social justice,» said Dr. Miller. «Our hope is that this Institute will prepare a new group of leaders to fulfill his final request—that this generation becomes the one to help peace triumph over violence.»

CCSU undergraduate students in any area of study can become scholars of the Institute for a term of two years. The institute will select 12 to 15 student scholars for its first cohort set to begin in the fall of 2021. Students can find additional information by visiting www.ccsu.edu/johnlewisinstitute.

CCSU will hold a virtual launch event for the Institute today, Thursday, February 25, at 3 p.m. featuring speakers including Mr. Pioli, President Toro, Dr. Miller and CCSU students and alumni. For more information or to attend, please visit www.ccsu.edu/jlilaunch.

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SOURCE Central Connecticut State University

SoftBank Joins Ambitious Initiative to Build a More Equitable Pipeline for Data Science Talent

NEW YORK, Feb. 25, 2021 /PRNewswire/ — Correlation One today announced that SoftBank Group International (SoftBank) is backing Data Science for All / Empowerment (DS4A / Empowerment), a new effort designed to upskill and prepare job-seekers from underserved communities for data science careers. DS4A / Empowerment aims to train at least 10,000 people from underrepresented communities — prioritizing those who are Black, Latinx, LGBTQ+, and U.S. military veterans — over the next three years,…

NEW YORK, Feb. 25, 2021 /PRNewswire/ — Correlation One today announced that SoftBank Group International (SoftBank) is backing Data Science for All / Empowerment (DS4A / Empowerment), a new effort designed to upskill and prepare job-seekers from underserved communities for data science careers. DS4A / Empowerment aims to train at least 10,000 people from underrepresented communities — prioritizing those who are Black, Latinx, LGBTQ+, and U.S. military veterans — over the next three years, providing new pathways to economic opportunity in the world’s fastest-growing industries.

«We need talent with a deep understanding of data science to build the companies of the future,» said Marcelo Claure, CEO of SoftBank Group International. «We’re proud to join this effort, continue to upskill our portfolio companies and train more than 10,000 people from underrepresented communities with critical technical skills.»

SoftBank is supporting DS4A / Empowerment through its new AI Academy, which supports programs that supplement theoretical training of traditional technical education courses with practical lessons, including AI and data skills that can be immediately applied to common business needs.

DS4A / Empowerment will provide training for SoftBank Group International portfolio company employees, including portfolio companies of the Opportunity Fund and Latin America Fund, as well as external candidates from the U.S. and Latin America. The program is specifically designed to address talent and equity gaps in a field that has historically been inaccessible for many workers, leading to significant underrepresentation of women and non-white individuals. Participants work on real-world case studies that are expected to have measurable impact on the operational performance of participating companies.

IDB Lab will join SoftBank by providing over ten full-ride Fellowships to underrepresented candidates in Latin America while the Miami-Dade Beacon Council will provide four full-ride fellowships for underrepresented candidates based in Miami.

In addition, The City of Miami will join as an impact partner by providing twenty fellowships to Miami talent and five fellowships to public sector workers.

«As Miami grows as a tech hub, it is important that we empower local entrepreneurs and the public sector to leverage the power of AI. We are proud to support the building of a diverse data-fluent community in Miami through our partnership with Correlation One and SoftBank,» said Francis Suarez, the Mayor of Miami.

Participants in the program will receive 13 weeks of data and analytics training (plus optional Python training) while working on case studies and projects, including projects submitted by SoftBank portfolio companies. The initiative will also connect participants with mentors who will provide professional development and career coaching. At the end of the program, external participants will be connected with employment opportunities at SoftBank and leading enterprises across business, financial services, technology, healthcare, consulting, and consumer sectors.

«Miami’s success hinges on dramatically expanding opportunity across our community and building a workforce with the skills for the jobs of tomorrow,» said Matt Haggman, Executive Vice President of The Beacon Council. «This program is an important step towards creating the innovative and equitable future we can – and must – achieve.»

«Training our residents to take on the jobs of the future is critical to ensuring that economic growth is shared across all communities, and to building our local talent so that more leading companies in fields like tech and data science can put down roots in Miami-Dade,» said Daniella Levine-Cava, Miami-Dade County’s Mayor. «I’m thrilled that this program is unlocking opportunities in a field that has historically been inaccessible for so many, and creating new, inclusive pathways to prosperity in one of the world’s fastest-growing industries.»

«The COVID-19 pandemic has both accelerated demand for data science talent and exacerbated the access gaps that kept so many aspiring workers locked out of opportunity,» said Rasheed Sabar and Sham Mustafa, Co-CEOs and Co-Founders of Correlation One. «We are grateful to work with innovative employers like SoftBank that are stepping up to play a more direct role in helping the workforce prepare themselves for jobs of the future.»

Program and Registration Details

DS4A Empowerment is an online program delivered in English over a 13-week period. Classes will convene on Saturdays from 10:00am to 8:00pm ET, beginning on April 17, 2021.

Registration for the program ends on March 7, 2021. Candidates who should consider applying include employees of SoftBank affiliated portfolio companies in the region as well as software engineers, technical product managers, technical marketers, and anyone with a STEM background who is interested in learning data analysis. To apply and find out more information about the program, interested candidates can visit the official DS4A Empowerment website: https://www.correlation-one.com/ds4a-empowerment

For program related inquiries, please contact ds4aempowerment@correlation-one.com. 

About Correlation One

Correlation One is on a mission to build the most equitable vocational school of the future. We believe that data literacy is the most important skill for the future of work. We make data fluency a competitive edge for firms through global data science competitions, rigorous data skills assessments, and enterprise-focused data science training. 

Correlation One’s solutions are used by some of the most elite employers all around the world in finance, technology, healthcare, insurance, consulting and governmental agencies. Since launching in 2015, Correlation One has built an expert community of 250,000+ data scientists and 600+ partnerships with leading universities and data science organizations in the US, UK, Canada, China, and Latin America.

About SoftBank Group
The SoftBank Group invests in breakthrough technology to improve the quality of life for people around the world. The SoftBank Group is comprised of SoftBank Group Corp. (TOKYO: 9984), an investment holding company that includes stakes in telecommunications, internet services, AI, smart robotics, IoT and clean energy technology providers; the SoftBank Vision Funds, which are investing up to US$100 billion to help extraordinary entrepreneurs transform industries and shape new ones; the SoftBank Latin America Fund, the largest venture fund in that region, and the SB Opportunity Fund, a US$100 million fund dedicated to investing in enterprises founded by entrepreneurs of color in the U.S.

Media Contact: Ben Watsky, watsky@whiteboardadvisors.com

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SOURCE Correlation One

CitizensNYC Honors Five Remarkable Women: Launches «The New Yorkers for New York» Campaign

NEW YORK, Feb. 25, 2021 /PRNewswire/ — Citizens Committee for New York…

NEW YORK, Feb. 25, 2021 /PRNewswire/ — Citizens Committee for New York City (CitizensNYC) announced today the launch of its 2021 virtual fundraising campaign The New Yorkers for New York. The organization kicks off Women’s History Month by honoring five extraordinary women who are working to rethink, rebuild, and reimagine  New York City.

Citizens Committee for NYC launches its 2021 virtual fundraising campaign The New Yorkers for New York.

The five-month-long fundraising campaign will lift up the contributions women have made throughout New York’s history as well as their commitment to the city’s future. Each gift will be matched one-to-one, up to $150,000. CitizensNYC aims to raise $1.5 million dollars this year. This year’s honorees represent the breadth of culture, neighborhoods, and industries that New York City has to offer. Each month the campaign will highlight one of the five honorees who have committed to rolling up their sleeves to help the city recover from the pandemic. The showcase event is set to take place on Tuesday, June 22, 2021.

One of the nation’s oldest micro-funding organizations, CitizensNYC has a longstanding history of celebrating and supporting civic leaders. They have provided residents in the city’s most underserved neighborhoods with community, education, and small business improvement grants for the past 45 years. In 2020, CitizensNYC provided 402 projects with nearly $1.2M in direct cash grants, impacting more than 87,685 residents in 122 neighborhoods across all five boroughs.

This year’s honorees include:

Susan R. Cullman, The Activist, became the volunteer director of the Republican Coalition for Choice in 1991 and spent her days on the Hill and across the country, working with lawyers and consultants, raising money and supporting pro-choice Republican candidates. Susan, whose family established roots in NYC centuries ago, serves as a board member with several NYC nonprofits including Citizens Committee for New York City, The New York Women’s Foundation, The Avon and Mount Sinai Health System.

Nicole Lee, The Future, is a community advocate, entrepreneur, and candidate for The New York City Council, representing the 31st district. She is a CitizensNYC grantee partner with more than a decade of experience managing small businesses, serving as the founder of MotherGoose Daycare, Wink Beauty Parlour, and Journey Through Seth’s Eyes, which provides a safe environment and resources for children with special needs, all in her neighborhood of Jamaica Beach, Queens. 

Frida Polli PhD, The Entrepreneur, is an award-winning Harvard and MIT neuroscientist turned CEO. She was named one of Inc.’s Top 100 Female Founders in 2019, one of Entrepreneur’s Top 100 Powerful Women in 2020 and has received the MIT 100K, and HBS Life Science Award, a NARSAD Young Investigator Award. Frida is the CEO and co-founder of Pymetrics, a company leveraging soft skill science and AI to make workforce decisions more accurate and fair. Frida, along with her husband Conor Bastable, Partner at Davidson Kempner Capital Management, further demonstrate their love for NYC as active supporters of Robin Hood, The Urban League, Prep for Prep, and The Bowery Mission.

Sue Suh, The Optimist, is the Chief People Officer at TIME. She has spent most of the past decade at one of the world’s largest private philanthropies, the Rockefeller Foundation. Prior to Rockefeller, Sue spent five years in a variety of roles at the U.S. Departments of State and Defense in Washington, New York, and Tripoli, Libya, including a two-year stint at the U.S. Mission to the UN. A native New Yorker, Sue serves on the board of the Coca-Cola Scholars Foundation, the Classical Theatre of Harlem and Special Olympics Asia-Pacific. She was a Fulbright Scholar in South Korea and a Presidential Management Fellow.

Rhina Valentin, The Creative, is a leading figure in New York City’s entertainment industry as the founder of La Reina del Barrio, Inc., a media and television production company. Born and bred in New York City,  Rhina is the talk show host of Colors of Rhina and has been the host of BronxNet’s OPEN Friday since 2006, and is a recipient of the 25 Bronx Influential Women of 2015 Award. She’s also a practitioner of Transcendental Meditation, is an advocate for domestic violence awareness and is currently Raising Money for S.T.E.A.M. programs in support of Puerto Rico, Colombia, and West Africa.

«We felt it was important this year to not only launch this campaign alongside Women’s History Month, and to ensure that our New Yorkers for New York honorees were reflective of the vast diversity of New York City — in a way that is reminiscent of the culture that we all know, love, and hold dear. Our distinguished honorees will play a key role in helping to shine a light on the New Yorkers that are most in need at this time,» said Dr. Rahsaan Harris, CEO of Citizens Committee for New York City.

CitizensNYC is seeking donations throughout The New Yorkers for New York campaign. To support the work of the organization and its grantee partners as they work to rebuild New York City, donate HERE.

About Citizen Committee for New York City:
Citizens Committee for New York City’s mission is to help New Yorkers – especially those in low-income areas – come together and improve the quality of life in their neighborhoods. Residents are uniquely situated to define and act on the issues affecting their communities. When provided with modest support, neighborhood and school groups can effectively mobilize with the assistance of grants, skills-building workshops, project planning assistance and an equipment share library. In 2020, CitizensNYC provided 402 projects with nearly $1.2M in direct cash grants, impacting more than 87,685 residents in 122 neighborhoods across all five boroughs. Since 1975, we have promoted the spirit of volunteerism, local engagement, and social justice that drives our work. Go to citizensnyc.org to learn more.

Additional Information:
Webpage: https://www.citizensnyc.org
Social Media: Twitter @citizensnyc | Instagram @citizenscommittee | Facebook.com/citizensnyc

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SOURCE Citizens Committee For New York City

MoneyGram Digital Business Continues Rapid Ascent with 30% of Company Transactions Now Digital

MoneyGram Online (MGO), the Company’s direct-to-consumer digital business, delivered 137% year-over-year cross-border transaction growth in January, its 13th consecutive month of triple-digit growth

Growth has also been led by the Company’s leading app as app transactions increased 161% year-over-year

DALLAS, Feb. 25, 2021 /PRNewswire-HISPANIC PR WIRE/ — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and…

MoneyGram Online (MGO), the Company’s direct-to-consumer digital business, delivered 137% year-over-year cross-border transaction growth in January, its 13th consecutive month of triple-digit growth

Growth has also been led by the Company’s leading app as app transactions increased 161% year-over-year

DALLAS, Feb. 25, 2021 /PRNewswire-HISPANIC PR WIRE/ — MoneyGram International, Inc. (NASDAQ: MGI), a global leader in cross-border P2P payments and money transfers, today announced the Company delivered 137% year-over-year cross-border transaction growth for January in its direct-to-consumer digital business, MoneyGram Online (MGO), marking the thirteenth consecutive month of triple-digit year-over-year cross-border transaction growth in the channel. The Company’s consumer-centric app helped drive MGO growth as app transactions increased 161% year-over-year in January. Additionally, the Company announced another important milestone on its digital transformation journey as digital transactions accounted for a record 30% of all money transfer transactions in January.

«We’re pleased to report a strong start to the year, which demonstrates sustained momentum in consumer demand for our leading app and continued market share gains,» said Alex Holmes, MoneyGram Chairman and Chief Executive Officer. «This has also brought our digital business to 30% of all money transfer transactions, resulting in a size and scale that has redefined MoneyGram’s business.»

The Company’s strong January results come on the heels of strong fourth quarter and full-year 2020 financial results. Earlier this week, MoneyGram reported a record number of digital customers in the fourth quarter of last year and 152% year-over-year cross-border transaction growth in MGO for the full-year. These results continue to be led by record digital growth and successful expense control measures.

«As MoneyGram leads the evolution of digital cross-border P2P payments and money transfers, we continue to execute our strategy to deliver the industry’s best customer experience,» said Kamila Chytil, MoneyGram Chief Operating Officer. «Our January results are yet another example of how our customer-centric app is delivering industry leading returns on investment and driving strong customer lifetime value.»

About MoneyGram International, Inc.
MoneyGram is a global leader in cross-border P2P payments and money transfers. Its consumer-centric capabilities enable family and friends to quickly and affordably send money in more than 200 countries and territories, with 90 now digitally enabled.

MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world’s leading brands to serve millions of people each year through both its walk-in business and its direct-to-consumer digital business.

With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world’s best customer experience, MoneyGram is leading the evolution of digital P2P payments.

For more information, please visit MoneyGram.com and follow @MoneyGram.

Media Contact
Stephen Reiff
Media@MoneyGram.com

MoneyGram Logo

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SOURCE MoneyGram

U.S. Senate Candidate Khaled Salem Urges Egyptian President Abdul Fattah Al-Sisi to Reconcile in Good Faith with Israel

NEW YORK, Feb. 25, 2021 /PRNewswire/ — Khaled Salem, the U.S. candidate running against Chuck Schumer in 2022, today made a policy statement about the Middle East, appealing to Egyptian President Abdul Fattah Al-Sisi for definitive action in urging Egyptian citizens to forget past wars and the history of bad memories with the state of <span…

NEW YORK, Feb. 25, 2021 /PRNewswire/ — Khaled Salem, the U.S. candidate running against Chuck Schumer in 2022, today made a policy statement about the Middle East, appealing to Egyptian President Abdul Fattah Al-Sisi for definitive action in urging Egyptian citizens to forget past wars and the history of bad memories with the state of Israel. Instead, Khaled Salam suggests initiating comprehensive normalization of diplomatic and humanitarian interaction between Egypt and Israel to create civilized and productive relationships between the two countries.

«The President of Egypt has the power to change the dynamic between Egypt and Israel,» said Khaled. «In fact, the Egyptian President must lead by example, especially when the Egyptians in their ‘Arab Spring’ demonstrations were sincerely advocating for a change and path to democracy. All people want freedom, yet the Egyptians are constantly afraid of oppression and retribution from their government for wanting to create harmony and modernize their society. To those who say that Israel must do its part for the sake of peace, I respond that I am confident Israel will take the necessary steps to foster a relationship based on honor and respect. People say this is a complicated situation. It is, of course. However, if both sides can agree that progress is imperative, a lot of complexity will start to sort itself out.»

Khaled worries that Egypt is falling behind, an issue that will affect American policy in the region more than most people realize. As he put it, there is unnecessary outrage on the part of the Egyptian government over sharing productive and creative relationships between Egypt and Israel, having nothing to do with politics. He added, «The Egyptian President must leverage relationships within the United States of America to facilitate human rights inside of Egypt, including convincing religious leaders who guide much of the Egyptian population. Human rights must be available to everyone in the Middle East

Khaled further urges those who follow the religion of Islam to vote on important issues that will change the dynamic in the Middle East. He advocates that the state of Saudi Arabia change its ruling system from a kingdom to a democracy because its Kings do not rule in the best interest of the Muslim people.

Khaled again stated his primary policy positions. These include:
• Tourist visas to the US must require travel medical insurance for entry.  
• Laws and procedures to reduce domestic violence nationwide.
• A reduction in U.S. military activity and presence in the Middle East.
• A policy that requires these regions pay for American military services.
• Free university education for American students.
• The establishment of a home loan program for middle class single parents.

Khaled is running in the next general election, scheduled for November 8, 2022. Thirty-four of the Senate’s 100 seats are being contested in these elections.

https://commons.m.wikimedia.org/wiki/File:CEO_-_American_Human_Rights_Organization.jpg

For more information, visit https://www.khaled2022forcongress.com/
https://www.facebook.com/Khaledforcongress/,
https://twitter.com/KhaledYork,

Media Contact:
U.S. Senate Candidate Khaled Salem
298472@email4pr.com 
+1 518 348 6868

 

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SOURCE U.S. Senate Candidate Khaled Salem

End SUD Endorses The Mainstreaming Addiction Treatment Act

AUSTIN, Texas, Feb. 25, 2021 /PRNewswire/ — Today, bipartisan members of Congress re-introduced the Mainstreaming Addiction Treatment Act – legislation that will help build universal access to lifesaving treatment for opioid use disorder. The bill, which won the support of over 100 members of Congress last session and was included in President Biden’s plan on the opioid crisis, can save tens of thousands of Americans every year from overdose deaths.

The Mainstreaming Addiction Treatment…

AUSTIN, Texas, Feb. 25, 2021 /PRNewswire/ — Today, bipartisan members of Congress re-introduced the Mainstreaming Addiction Treatment Act – legislation that will help build universal access to lifesaving treatment for opioid use disorder. The bill, which won the support of over 100 members of Congress last session and was included in President Biden’s plan on the opioid crisis, can save tens of thousands of Americans every year from overdose deaths.

The Mainstreaming Addiction Treatment Act will help ensure every person with opioid use disorder has access to one of the gold standards of care: buprenorphine. Buprenorphine cuts the risk of overdose death in half and helps secure long-term recovery. Buprenorphine is a safe medication that has been FDA-approved for nearly twenty years and is available in generic form.

But as few as 1 in 5 Americans with opioid use disorder have received buprenorphine due to onerous federal burdens on healthcare providers who treat patients with opioid use disorder. Women, persons of color, veterans, and rural Americans all lack equal access to buprenorphine due to the structural health disparities caused by current federal law.

«The Mainstreaming Addiction Treatment Act is a common-sense solution to the overdose crisis that will increase participation in treatment, help eliminate stigma, and reduce healthcare and criminal justice costs,» said Erin Schanning, President of End SUD and a big sister who lost her little brother to an overdose. «The bill is rooted in the simple truth that substance use disorder is not a moral failing but rather a medical condition that we can prevent and treat with healthcare.»

End SUD thanks Senators Maggie Hassan and Lisa Murkowski and Representatives Paul Tonko, Michael Turner, Antonio Delgado, and Anthony Gonzalez for their leadership to build access to safe, high-quality treatment that can help the 2.3 million Americans with opioid use disorder recover.

To learn more about the Mainstreaming Addiction Treatment Act, visit www.endsud.org/mat-act

About End SUD

End SUD is a national, nonpartisan campaign that advances policies to prevent and treat substance use disorder. The nonprofit advocacy organization leads coalitions of healthcare and behavioral health providers, people and families with substance use disorder, harm reduction advocates, law enforcement officers, social justice leaders, and local and state officials that serve millions of Americans. Learn more at www.endsud.org

 

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SOURCE End SUD