FK Leotar Mon, 06 Dec 2021 01:56:54 +0000 en-US hourly 1 FK Leotar 32 32 Croatia’s largest food retailer Konzum accepts crypto in online stores Mon, 06 Dec 2021 01:56:54 +0000

The largest food producer and retailer in the Western Balkans region – Konzum – has become the first retail chain in Croatia where customers can pay with digital assets. Currently, these transactions are only available in the online store, but the company plans to introduce the service to its supermarkets in the near future.

Additionally, North America’s leading tech-focused online retailer – Newegg – has announced that it will accept Shiba Inu (SHIB) as a payment method on its platform during the Christmas holidays. Nothing – a London-based consumer tech company – will also allow cryptocurrency settlements for its latest product.

Crypto invades the Balkan Peninsula

Konzum – Croatia’s largest supermarket chain with more than 10,000 employees – has revealed that it will enter the cryptocurrency industry by accepting multiple digital assets as a form of payment. These include Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), Ripple (XRP), Stellar (XLM), Dai (DAI), EOS (EOS), Tether (USDT) and USD Coin (USDC) .

To enable such payments, Konzum has cooperated with national fintech company Electrocoin and its PayCek system, known as Croatia’s premier cryptocurrency payment processor. Considering the volatility of most digital tokens, these will guarantee the buyer a fixed exchange rate at the start of the trade and allow sufficient time for a successful execution.

Uroš Kalinić – Konzum’s board member for finance and IT – noted that Konzum constantly monitors global trends, hinting that the cryptocurrency industry is one of them.

“As the largest chain of retail stores in Croatia, which over its almost 65 years of history is a continued leader in the domestic market in terms of business results and technological achievements, we are proud of to be leaders in another field that is developing rapidly and dictating the future, ”he summed up.

Konzum is not only the main supermarket chain in Croatia, but also the largest in the Western Balkan region. Besides its homeland, it extends to two other countries: Bosnia and Herzegovina and Serbia. The retail giant serves more than 650,000 customers every day in its more than 700 stores, as the cryptocurrency option will be available in some of them over the coming months.

Newegg and nothing follow the trend

Newegg is another large e-commerce company that recently passed additional digital asset regulations. The California-based company, which accepted bitcoin as a payment method in 2014, has now added the popular Shiba Inu coin (SHIB) to its list of supported digital assets. Interestingly, this made the news official by posting it on The Reef, North America’s largest DOOH billboard located in downtown Los Angeles.

Shiba Inu Billboard, source:

Earlier this year, Newegg was one of the first companies in the world to accept SHIB’s biggest rival – Dogecoin (DOGE). Later he also added Litecoin (LTC).

Andrew Choi – director of brand marketing for the company – admitted that customers are very interested in cryptocurrencies. Giving them the option to use bitcoin and alternative coins as a payment method offers “greater flexibility”.

Thereafter, Nothing – a tech company founded by Carl Pei (co-founder of OnePlus) – jumped on the cryptocurrency train by accepting digital asset payments for its Nothing ear (1) wireless headphones in black edition. These coins are Bitcoin (BTC), Ether (ETH), USD Coin (USDC), and Dogecoin (DOGE).

The payment option is available in Nothing’s online stores in the following countries: UK, US, Canada, Belgium, France, Germany, Greece, Italy and Japan.


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Middle East autocrats sigh with relief: US signals Democracy Summit will not change policies Sat, 04 Dec 2021 12:02:15 +0000

The United States signaled ahead of next week’s Democracy Summit that it is unlikely to translate empty words into adherence to human rights and democratic values ​​in the Middle East into a policy that demonstrates seriousness and commitment.

In A declaration, the State Department said the December 9-10 summit would “present an affirmative agenda for democratic renewal and address the greatest threats democracies face today through collective action.” . The State Department said prior to the summit, it consulted with government experts, multilateral organizations and civil society “to solicit bold and actionable ideas” on “defending against authoritarianism,” “promoting the respect for human rights “and the fight against corruption.

Over 100 countries Along with representatives of civil society and the private sector expected to attend the summit, only Israel is in the Middle East and only eight are majority Muslim states. These are Indonesia, Malaysia, Pakistan, Albania, Iraq, Kosovo, Niger and Maldives.

US President Joe Biden has made the competition between democracy and autocracy a pillar of his administrative policy and placed it at the heart of the US rivalry with China.

We are in a contest … with autocrats, autocratic governments around the world, as to whether or not democracies can compete with them in a rapidly changing 21st century, ”Biden said.

Yet recent statements from the Pentagon and a White House official have suggested that, despite noble words, US Middle East policy is likely to maintain long-standing support for the region’s autocratic regime in the belief. that it will provide stability.

The popular uprisings of the past decade that toppled the rulers of Egypt, Tunisia, Yemen, Libya, Algeria, Sudan, Iraq and Lebanon suggest that putting a lid on the pot was not a solution. This is true even though the achievements of the uprisings were either reversed by the Gulf-backed counterrevolutionary forces or failed to bring about real change.

Certainly, the Gulf states have recognized that keeping the pot covered is no longer enough. As a result, countries like Saudi Arabia and the United Arab Emirates have developed plans and policies that meet the aspirations of young people with economic and social reforms while suppressing political freedoms.

The United States appears to be banking on the success of these reforms and regional efforts to manage conflicts so that they do not spiral out of control.

On this basis, the United States maintains a policy which falls far short of defending human rights and democracy. It is a policy which, in practice, does not differ from Chinese and Russian support for the autocracy in the Middle East. The United States’ continued public and private references to human rights and democratic values ​​and occasional small steps like limiting arms sales does not fundamentally change things.

The choice of the United States’ partners either when it comes to responding to popular uprisings and facilitating the political transition. Faced with the revolt in Sudan that overthrew President Omar al-Bashir in 2019 and a military coup in October, the Trump and Biden administrations have turned to Saudi Arabia, the United Arab Emirates, Egypt and Israel. While Israel is a democracy, neither of the American partners favors democratic solutions to governance crises.

White House Middle East Coordinator Brett McGurk reported this in an interview with The National, the UAE’s flagship newspaper, immediately after a security summit in Bahrain which brought together officials from around the world. U.S. officials led by Defense Secretary Lloyd Austin sought to use the conference to reassure U.S. allies that the U.S. is not turning its back on regional security.

McGurk said the United States had drawn conclusions from the “hard lessons learned” and was getting “back to basics”. The bottom line, McGurk said, in a nod primarily to Iran but potentially also Saudi Crown Prince Mohammed bin Salman, involved getting rid of “regime change policies.” He said the United States would focus on “the foundations for building, maintaining and strengthening our partnerships and alliances ”in the Middle East.

Mr McGurk’s statement of a back-to-basics policy was reinforced this week with the release of a summary of the Review of the Pentagon’s Global Posture, suggesting that there would be no significant withdrawal of U.S. forces from the region during Mr. Biden’s first years in office.

The notion of Back to basics resonates with Washington’s foreign policy elite liberals. Democracy in the Middle East is no longer on their agenda.

“Instead of using American power to remake the region… policymakers need to embrace the more realistic and achievable goal of establishing and preserving stability,” said Steven A. Cook, Council on Foreign Relations expert for the Middle East even before Mr. Biden took office. What Washington needs is not a “war on terror” based on visions of regime change, democracy promotion and “winning hearts and minds”, but an approach. realistic focused on intelligence gathering, police work, multilateral cooperation and judicious application of violence where necessary. ,” he added.

Mr Cook went on to say that a realistic US policy in the Middle East would involve “containing Iran, retooling the fight against terrorism, reducing its counterproductive side effects, reorganizing military deployments to put the ’emphasis on protecting sea lanes and reducing the United States’. Israeli relations to reflect the relative strength of Israel.

The United States is in good company in its inability to put money in its mouth when it comes to human rights and democratic values.

The same can be said for European nations and Indonesia, the most populous Muslim majority state and democracy in the world. Indonesia projects itself directly and indirectly through Nahdlatul Ulama, the world’s largest Muslim civil society movement, as the only major proponent of a moderate interpretation of Islam that embraces unreserved human rights, pluralism and religious tolerance.

This did not prevent Indonesia from allegedly give in to a Saudi threat not to recognize Indonesian Covid-19 vaccination certificates from pilgrims to holy cities of Mecca and the media if the Asian state voted for an extension of a United Nations investigation into human rights violations in the nearly seven-year war in Yemen.

Likewise, Indonesian President Joko Widodo signed agreements with the United Arab Emirates on cooperation in religious matters even though the UAE’s version of moderate but autocratic Islam defends values ​​that reject freedoms and democracy.

The agreements were part of a much larger package of economic, technological and public health cooperation fueled by US $ 32.7 billion in Emirati investments planned in Indonesia.

The reluctance of the Biden administration, according to a long list of former US presidents, to do much more than lip service to the promotion of human rights and democratic values ​​is reminiscent of the definition of Albert Einstein’s insanity like “doing the same thing over and over again and expecting different results.”

President George W. Bush and his then national security adviser Condoleezza Rice recognized two decades ago that jihadist violence and the 9/11 attacks were in part the result of failed states. United to defend their values. However, they failed in their efforts to do something, just like Barak Obama.

It is not just autocracies in the Middle East and other regions that are paying the price. The United States and Europe too. Their refusal to integrate their ideals and lofty values ​​into effective policies is increasingly reflected at home in national racial, social and economic fault lines and the anti-migrant sentiment that threatens to tear the fabric of democracy apart. his heart.

The backlash of ignoring Mr. Einstein’s maxim and recognizing the cost of saying one thing and doing another is not just a loss of credibility. The backlash is also the rise of isolationist, authoritarian, xenophobic, racist and conspiratorial forces that challenge the values ​​in which human rights and democracy are rooted.

This raises the question of whether the time, energy and money invested in the Democracy Summit could not have been better invested in solving problems at home. Financial Times columnist Janan Ganesh got it right, noting that “building democracy is almost entirely domestic work. “

It is a message that has not escaped the opponents of democracy. In what should have been a warning that hollow declaratory events like the Democracy Summit are not the answer, Iranian President Ebrahim Raisi told the United Nations General Assembly last September: “The hegemonic system of the United States has no credibility, inside or outside the country.”

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Prime Minister at the top of the Central European Initiative (CEI) Fri, 03 Dec 2021 16:23:21 +0000

The main theme of the SPS Summit was the enlargement of the European Union and the strengthening of cooperation with the CIS member states of Eastern Europe. Other hot topics for the CIS include current challenges related to sustainable development, international scientific cooperation, the economy of the region after the COVID-19 pandemic and the future of CIS operations within the financial framework. existing.

Prime Minister Janša spoke about the importance of integrating the Western Balkans into the European Union and strengthening the EU’s cooperation with the Eastern Partnership countries. He underlined the historic unifying role of the CIS, which, faced with current international challenges, has the opportunity to once again become an important forum for cooperation between the European Union and the countries of its eastern and south-eastern borders. The Prime Minister thanked the IEC for its help, because in cooperation with the World Health Organization, it has helped to control the COVID-19 pandemic.

The IEC is a regional forum which promotes cooperation and integration between the countries of Central, Western and South-Eastern Europe at political, economic and cultural levels. The objective of the SPS is to strengthen cooperation in the field of culture, science, tourism, economic and cross-border activities, support for CIS countries which do not yet have the status of candidate states in the process of d membership. The IEC is politically led by the country holding the presidency (one year presidency) and has an executive secretariat based in Trieste. The CIS has 17 members: Albania, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Italy, North Macedonia, Moldova, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine.

Gazprom CEO and member of the Presidency of Bosnia and Herzegovina discuss gas supply – Business & Economy Fri, 03 Dec 2021 15:34:40 +0000

MOSCOW, December 3. / TASS /. Gazprom CEO Alexei Miller and Serbian member of the Presidium of Bosnia and Herzegovina Milorad Dodik discussed Russian gas supplies on Friday, the holding’s press service reported.

“A working meeting between Alexey Miller, Chairman of the Board of Gazprom, and Milorad Dodik, member of the Presidency of Bosnia and Herzegovina, took place today in St. Petersburg. The meeting reviewed relevant cooperation issues, with a particular focus on procurement. Russian gas, ”according to the press release.

On Thursday, Dodik said he had agreed with Russian President Vladimir Putin that the current gas price for Republika Srpska would remain unchanged. According to him, Putin also supported the idea of ​​building an extension of the Balkan Stream gas pipeline to the Republika Srpska.

On January 1, 2021, Gazprom started supplying gas to Bosnia and Herzegovina using a new route. Gas from Russia is transported via the Turkish Stream offshore pipeline and further through Turkey. In addition, via Bulgaria’s national gas transmission network, it travels to Serbia, where it is distributed and supplied to consumers in Serbia and Bosnia and Herzegovina.

Croatia’s tourism sector lacks a third of the workforce for next year Fri, 03 Dec 2021 10:09:00 +0000

A boat passes in the Adriatic Sea off the coast of Porec, Croatia, April 20, 2021. REUTERS / Antonio Bronic / File Photo

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ZAGREB, Dec. 3 (Reuters) – Croatian tourist facilities will face a shortage of a third of their workforce next year, the head of the national association of the largest tourism companies, Veljko Ostojic, said on Friday.

Croatia’s tourism industry, largely concentrated in the summer months on the popular Adriatic coast, accounts for almost 20% of the country’s gross domestic product (GDP), and many seasonal workers may earn more in other countries.

“About 100,000 people work in the tourism sector and we are short of 30,000 to 35,000 people. Tourism companies do not have time to wait and many have started campaigns to find qualified people,” Ostojic told Reuters.

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In addition to the local job market, hoteliers and restaurateurs are looking for skilled workers in other Balkan countries such as Macedonia, Bosnia, Serbia or Montenegro, but also in more remote regions such as Ukraine or the Philippines. .

They compete with better paying jobs in the richer countries of the European Union, like Austria or Germany. From January, Switzerland opens its labor market to Croats, which puts additional pressure on tourism businesses.

“Salaries for waiters or cooks are twice as high in Austria, for example, but we could compete with attractive accommodation conditions, faster paperwork for work permits, no language barriers and the proximity to the house for Balkan workers, ”Ostojic said.

Aminess, a hotelier in the northern Adriatic, is looking for 1,000 seasonal workers for next summer and has just launched a campaign to attract workers for positions such as cooks, waiters, butchers, artists and cleaning staff.

“We are looking for workers with experience or adequate training, but this is not an obligation as we are also investing in the training of future employees. We will invest one million kuna ($ 150,102) next year” said Marina Peric, head of human resources at Aminess.

Ostojic said the tourism industry is urging the digitization of red tape for obtaining work permits for people coming from outside the EU.

“Without manpower, some facilities will remain closed or have to shorten working hours,” he said.

($ 1 = 6.6621 kuna)

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Report by Igor Ilic; edited by David Evans

Our Standards: Thomson Reuters Trust Principles.

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Kremlin spokesman confirms Putin received Milorad Dodik in the Kremlin – Russian Politics & Diplomacy Fri, 03 Dec 2021 10:04:24 +0000

MOSCOW, December 3. / TASS /. Russian President’s spokesman Dmitry Peskov confirmed that Russian President Vladimir Putin received Serbian member of the Presidium of Bosnia and Herzegovina Milorad Dodik in the Kremlin.

“We did not announce this. It is true that the leader of Republika Srpska met Putin face to face. It was a very useful and detailed discussion,” Peskov said.

In response to a detailed question as to why the Kremlin refrained from announcing the meeting that preceded it, on December 2, Peskov explained that “the main event of yesterday was the broad conference that the president has outfit [on the situation in the coal industry]. You see, we were in a hurry. The conference was a priority, of course, ”Peskov said.

“But that in no way diminishes the importance of the meeting with Milorad Dodik”, he stressed.

Earlier, Dodik said he had agreed with Putin that the current gas price for Republika Srpska would remain unchanged. He also stressed that the Russian leader supports the idea of ​​extending the Balkan Stream gas pipeline in Republika Srpska. This issue will be on the agenda for Friday’s meetings with Gazprom officials. In addition, Dodik said he discussed the situation in Bosnia and Herzegovina with Putin.

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Israel-Palestine: risk of “murderous escalation” of violence, without decisive action Thu, 02 Dec 2021 12:01:12 +0000

Mohammed Ali al-Husseini, one of Saudi Arabia’s newest naturalized citizens, ticks all the boxes needed to win brownies in the quest for the kingdom of religious soft power by positioning himself as the beacon of “moderate” Islam , albeit autocratic.

A Saudi resident since falling out with Hezbollah, the Iranian-backed Lebanese Shiite militia, Al-Husseini represents what the kingdom needs to support his claim that his moderate form of Islam is religiously tolerant, inclusive and non-sectarian. , pluralist and anti-discriminatory.

More than just a Shiite, Mr. Al-Husseini is the descendant of a number of Lebanese Shiite families believed to be descendants of the Prophet Muhammad.

Put to the test, this is a billing with as many warnings as assertions – a problem encountered by other Gulf States which project themselves as beacons of autocratic interpretations of a moderate current of the faith.

Despite this, Saudi Arabia, despite pretending to defend religious tolerance and pluralism, has yet to legalize non-Muslim worship and the kingdom’s non-Muslim places of worship.

Likewise, the first batch of 27 newly naturalized citizens appeared to not include non-Muslims. If so, they were not identified as such unlike those of Mr. Al-Hussein whose Shiite faith was clearly asserted.

The 27 were naturalized under a recent decree aimed at ensuring that Saudi Arabia can compete with countries like the United Arab Emirates, Qatar and Singapore in attracting foreign talent. About a quarter of the new citizens, including Mr. Al-Husseini and Mustafa Ceric, a former Bosnian grand mufti, were religious figures or historians from Saudi Arabia.

In doing so, Saudi Crown Prince Mohammed bin Salman has linked his economic and social reforms that have strengthened women’s rights and responded to the aspirations of young people with his quest for religious soft power and leadership of the Muslim world. The reforms implied tangible social and economic changes. Yet they refrained from adapting the ultra-conservative and supremacist theology that underlined the founding of the kingdom and its existence until the rise to power of King Salman and his son, the Crown Prince, in 2015.

Prince Mohammed’s notion of “moderate” Islam is socially liberal but politically autocratic. It calls for absolute obedience to the ruler in a deal that replaces the kingdom’s long-standing social contract in which citizens traded surrender of political rights for a cradle-to-grave welfare state. The new arrangement expands social rights and economic opportunities at the cost of a reduced welfare state as well as the loss of political freedoms, including freedoms of speech, media and association.

A series of recent editorials in Saudi media written by experts rather than clerics apparently with the approval, if not encouragement, of the crown prince or his assistants, called for top-down religious reforms à la Martin Luther who would introduce rational and scientific thought. , promote tolerance and eradicate extremism.

Mamdouh Al-Muhaini, director general of state-controlled Al-Arabiya and Al-Hadath television stations, explained the top-down process of religious reform which would be led by the crown prince even though the writer refrained from l ‘identify by Name.

“There are tens, if not thousands, of the Luther of Islam… As such, the question of ‘where is the Luther of Islam” is wrong. Rather, it should be: Where is Frederick the Great of Islam? The King of Prussia, who obtained the title of Enlightened Despot, embraced major philosophers in Europe like Kant and Voltaire and gave them the freedom to think and conduct scientific research, which helped their ideas to spread and to prevail over fundamentalism after bitter clashes. We could also ask ourselves where is the Catherine the Great of Islam…? Without the support and protection of these leaders, we probably would never have heard of these intellectuals, nor of Luther before them, ”Al-Muhaini said.

MM. Al-Husseini and Ceric represent what Saudi Arabia would like the Muslim and non-Muslim world to take away from their naturalization.

A religious scholar, Mr. Ceric raised funds in Saudi Arabia, Iran and Malaysia during the Bosnian War of the 1990s and championed issues close to his heart even though his own views are more liberal.

Mr. Ceric argued, for example, that opposition to Wahhabism, the austere interpretation of the kingdom of Islam that has been altered since King Salman came to power, amounted to Islamophobia even though the religious favored the more liberal Islamic tradition of Bosnia. The cleric also opposed the counting of foreign fighters, including Saudis, of Bosnian nationality, which they were granted for their support during the war.

To the benefit of Saudi Arabia, Mr. Ceric continues to be a voice of Muslim moderation as well as proof that Islam is as much a part of the West as of the East and the hard-to-defend suggestion that t being liberal does not by definition oppose ultra-conservatism.

Referring to the fact that he is a Shiite, Mr. Al-Husseini said in response to his naturalization by a country which was created on the basis of an ultraconservative mainstream of Islam which regards the Shiites as heretics: “ The glaring truth that cannot be disputed is that the Kingdom of Saudi Arabia is open to everyone… and does not look at the dimensions… sectarian type.

Beyond being a Shia Muslim cleric, Mr. Al-Husseini must have been a Hezbollah insider. A former supporter of the resistance against Israel, Mr. Al-Husseini is said to have broken with Hezbollah over financial disputes.

He associated himself, because of his new opposition to Hezbollah, with the March 14 movement supported by the Saudis and led by Saad Hariri, a prominent Lebanese Sunni Muslim politician.

As the head of the relatively obscure Arab Islamic Council that promoted interfaith dialogue, especially with Jews, Mr. Al-Husseini ticked another box on the Saudi checklist, especially given the kingdom’s refusal to establish diplomatic relations with Israel without a clear and accepted agreement. way towards a resolution of the Israeli-Palestinian conflict.

If Mr. Al-Husseini’s story fits the Saudi bill, its impact seems limited. He made headlines in 2015 after using social media to urge religious Muslims, Jews and Christians to downplay religious traditions that call for violence.

Al-Husseini spoke as tensions between Israel and Lebanon mounted as Hezbollah killed two Israeli soldiers in a cross-border attack.

Previously, Mr. Al-Husseini apparently became the first Shia Arab religious figure to address Israelis directly and to do so in broken Hebrew.

“We believe that not all Jews are bad [just as] not all Muslims are terrorists. Cousins, put aside our conflicts and avoid evil and hate. Let us unite in peace and love, ”Al-Husseini told an unknown number of Israeli listeners.

Mr. Al-Husseini’s presence on social media is paltry compared to that of the Muslim World League and its leader, Mohammed Al Issa. The League, the sole vehicle for Saudi financing of Muslim ultra-conservatism around the world, and its leader, are today the main propagators of Prince Mohammed’s concept of moderate Islam.

Mr. Al-Husseini’s 47,000 followers on Twitter and 10,200 on Facebook are pale in comparison to his Saudi counterparts who are spreading a message similar to his.

The League has 2.8 million Twitter followers in English and 3.4 million in Arabic in addition to 662,000 in French and 310,000 in Urdu. The League posts similar numbers on Facebook. League President Al-Issa has 670,000 followers on Twitter and 272,000 on Facebook.

Bosnian utility, striking coal miners strike deal to avoid blackouts Wed, 01 Dec 2021 15:57:39 +0000

Bosnian electricity company Elektroprivreda and coal miners have reached a deal to end a strike that threatened to disrupt the Balkan country’s electricity supply as winter approaches.

Thousands of coal miners had been on strike for more than a week over working conditions and wages, forcing state-owned Elektroprivreda to shut down operations at two coal-fired power plants in Tuzla, in the north of the country.

The miners were also angry at a phase-out and government restructuring plans for the coal industry.

Seventy-five percent of Bosnia’s electricity comes from coal-fired power plants, and a 2050 pledge to shut down the industry has paved the way for dramatic economic and cultural change.

Union leaders and Elektroprivreda said under a government-brokered deal, mining operations would resume on December 1.

The agreement responded, among other things, to union demands for the dismissal of the director of the Kreka mine in Tuzla, one of the seven mines operated by Elektroprivreda.

It also provides for salary increases and guarantees compliance with obligations towards retired minors.

Elektroprivreda said it would ask the government of the Muslim-Croatian Federation, which represents half of Bosnia with the Serb-majority Republika Srpska, to increase the price of coal by 20% from 2022.

Admir Andelija, the director of Elektroprivreda, told reporters that any increase in the price of coal would not impact the electricity prices paid by households.

Bosnia’s political institutions are also mired in years of crisis, as various factions still governed by a 26-year peace deal to end the Bosnian war maintain a predominantly ethnic power-sharing, with a senior international representative helping to guarantee certain aspects of government.

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Newmark: Hires Vice President of Property Management in Chicago Tue, 30 Nov 2021 21:51:34 +0000

November 29, 2021 10:00 a.m.

Newmark is pleased to announce that Natalie Cico has been hired as Vice President of Real Estate Management in Chicago, Illinois. With over 23 years of experience in commercial real estate and property management, Cico’s new role will support the goals and initiatives of Newmark’s property management division in the Chicago market.

Alongside the company’s local investment rental and sales professionals, Cico will strengthen collaboration strategies and operational efficiency for potential clients and business development efforts to grow Newmark’s management portfolio. Supporting Cico will be recently hired by Associate Vice President of Property Management for Chicago, Tera Hoffmann, who brings over 14 years of property management experience.

“Recruiting talented property management professionals like Natalie and Tera strengthens Newmark’s client offering in property management in Chicago, a key US market. This is an exciting step as we continue to develop and expand the range of services in Chicago, ”said Richard Holden, Newmark President of Property Management.

“Natalie’s leadership in property management, working with Tera, in the greater Chicagoland area is an asset to Newmark’s Chicago office. Her deep expertise with real estate owners provides our clients with a strategic and valuable perspective that prioritizes management-class solutions, ”said Carrie Frye, Executive Vice President and Chicago Market Leader.

Prior to joining Newmark, Cico was Vice President of Real Estate and Asset Management for VEREIT, Inc. in Chicago, with direct operational and financial oversight of a portfolio of 55 million square feet and 255 assets, of class office A, industrial and commercial. valued at $ 3.5 billion. Leading a large team of staff across the country, she has implemented long-term real estate strategies and solutions to optimize profitability and streamline processes. Cico was nominated by Crain’s Chicago “Outstanding Women in Commercial Real Estate” and is currently a BOMA Suburban Chicago Instructor and BOMI International Subject Matter Expert.

“I think like an owner,” Cico said. “Throughout my career, I have always emphasized a broad but creative approach to property management, going beyond day-to-day operations to find the hidden value of an asset. Joining Newmark is an exciting opportunity and look forward to creating custom solutions that not only improve property operations but also generate revenue for our clients. ”

About Newmark
Newmark Group, Inc. (Nasdaq: NMRK), along with its subsidiaries (“Newmark”), is a global leader in commercial real estate, seamlessly fueling every phase of the property lifecycle. Newmark’s full range of services and products are uniquely tailored to suit every customer, from owners to occupants, investors to founders, and startups to blue-chip businesses. Combining the platform’s global reach with market intelligence in established and emerging real estate markets, Newmark provides superior service to clients across the industry. Newmark generated revenues of over $ 2.5 billion for the twelve months ending September 30, 2021. The offices owned by the Newmark company, as well as its business partners, operate from more than 160 offices with approximately 6,200 professionals worldwide. To learn more, visit or follow @newmark.

Discussion of forward-looking statements regarding Newmark
Statements contained in this document regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in forward-looking statements. These include statements regarding the effects of the COVID-19 pandemic on the business, results, financial condition, liquidity and prospects of the Company, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, perhaps materially, from what is currently expected. Except as required by law, Newmark assumes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in forward-looking statements, see Newmark’s Securities and Exchange Commission documents, including, but not limited to, the risk factors and the special note on Forward-looking information set out in these documents and any updates to these risk factors and the special note on forward-looking information contained in subsequent reports on Form 10-K, Form 10- Q or Form 8-K.

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EBRD approves EUR 15 million loan to Bosnian company Raiffeisen Leasing to support SMEs Tue, 30 Nov 2021 12:36:13 +0000

Regional today

Tuesday, November 30, 2021, 1:30 p.m.

The European Bank for Reconstruction and Development has announced that it has approved a senior unsecured loan of € 15 million to Bosnian company Raiffeisen Leasing to support local small and medium-sized enterprises (SMEs).

The funding will be used to provide leasing to SMEs, including the financing of green assets and contribute to the objectives of the Financial Intermediaries Framework (FIF), supporting competitiveness and resilience, the EBRD said in a position paper. of the project.

The loan will be extended in two installments, of 8 million and 7 million euros, said the EBRD.


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