Markets News 

Invest in trade relationships to navigate an uncertain economy | Op-Ed

“More than 40% of jobs throughout Washington state are tied to international trade, and trade with China contributes to nearly 200,000 jobs and $7 billion in wages” writes Special To The for seattletimes.com. Additionally, changing global trade routes that benefit East Coast ports could mean fewer imports coming through our gateway as production shifts from China.Our state’s success as a great place to work and live stems from a shared determination to make our state globally competitive.A long trade war could mean more shipping time for western producers and fewer…

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Development of 25 small ports to be handed over to private sector

“Back in September, Hassanzadeh said that PMO has finished a plan to study and investigate the status of small ports in the country to transfer their development to the private sector by the next two months” reports tehrantimes.com. While small ports can play some key and essential role in the country’s current economic condition, their development can also prevent from the immigration of their population to the big cities through job creation. Source: tehrantimes.com

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Private Sector-Led Development in Egypt: IFC

“Even more private sector investment in ports could help turn Egypt into a regional hub for shipping” writes Daily News Egypt for dailynewssegypt.com. The Government also needs to create more space for the private sector by creating bankable PPP models in water and ports, opening Telecom infrastructure to private investment, and monetizing state-owned operating power assets.How much has IFC invested in Egypt during FY19?. As well, private investment is picking up and net exports are improving, which are hugely positive signs. Source: dailynewssegypt.com

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A free business development bootcamp backed by Ashton Kutcher accepts only 2.5% of applicants and boasts a 100% job placement rate. Its founders and students describe what it takes to get in and do well.

“Our business model, because we don’t charge students anything, is novel,” founder Rahim Fazal told Business Insider” writes Sherin Shibu for businessinsider.com. For students at a professional crossroads, the business development fellowship that SV Academy offers could be the catalyst for a higher-paying career.After completing SV Academy, she secured a job as a sales development representative at Credly, a human resources verification service. Source: businessinsider.com

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Public housing complex in D.C.’s Navy Yard re-emerges as a mixed-income, mixed-use development

“Twenty percent of the apartments are replacement units for people who previously lived at the Capper/Carrollsburg public housing development” writes Michele Lerner for washingtonpost.com. The Harlow’s apartments range from 623 square feet for a one-bedroom, one-bathroom unit to 1,608 square feet for a three-bedroom, three-bathroom unit.The development also has 3,100 square feet of retail space.Once the entire redevelopment of that former public housing is complete, more than 1,600 townhouses, apartments and condos will be in place, along with offices and recreational amenities. Source: washingtonpost.com

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Egypt signs agreement with ITFC to fund commodities imports worth $1.1bn in 2020

“The funds are within the $3bn agreement framework between Egypt and ITFC that was signed in January 2018” writes Daily News Egypt for dailynewssegypt.com. The International Islamic Trade Finance Corporation (ITFC) signed an agreement with Egypt on Wednesday, through which Egypt will receive $1.1bn to help the country with imports of petroleum products and basic commodities in 2020, according to Egypt’s Petroleum, Investment and International Cooperation and Supply and Internal Trade ministries.Egypt’s Minister of Investment and International Cooperation Sahar Nasr pointed out to that this agreement is a priority for…

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Fresno County economic forecast: International interest comes rolling in

“Economic development and job creation are job one for Fresno County Economic Development Corp” reports thebusinessjournal.com. In fact, based off 2018 crop statistics, Fresno County once again became the top agricultural county in California and the U.S. — a position it hasn’t held since 2013.Oliver noted considerable interest in the small cities of Fresno County. Source: thebusinessjournal.com

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Shoreline apartments’ owner closes $1.67 million land deal for next phase

“The vacant site sits just east of the existing Shoreline apartments” writes Jordyn Grzelewski for cleveland.com. CLEVELAND, Ohio — The owner of The Shoreline apartments on North Marginal Road has taken a step forward in the next phase of the project, paying $1.67 million to buy a chunk of lakefront land where a second building is slated to rise.The project will add 214 apartments — a mix of studio, one- and two-bedroom units — atop what is now vacant, undeveloped land. Source: cleveland.com

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Crypto News 

Waves DEX Shuts Down and Relaunches as Hybrid Cryptocurrency Exchange

“Decentralized exchange (DEX) Waves DEX shut down to resume operations as a hybrid exchange, Waves announced in a press release shared with Cointelegraph on Dec. 2” writes Adrian Zmudzinski for cointelegraph.com. Waves also announced that from now on, its main development team will focus on developing the protocol itself, its open and private implementation, sharding and infrastructure. The exchange will completely shutter operations on Dec.15, just two months after introducing Know Your Customer standards mandated under EU law.The company announced: The hybrid exchange was already partially activated before the migration…

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