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[ad_1] Exclusive-Sri Lanka seeking $3 billion in months to stave off crisis – finance minister [ad_2] Source link

[ad_1] Gogoro Inc., the battery-swapping technology company, announced the world’s first solid-state lithium ceramic battery prototype for two-wheel battery swapping. Jointly developed by Gogoro and ProLogium Technology, a solid-state battery technology company, the new Gogoro solid-state battery prototype integrates with Gogoro’s existing vehicles and swapping network.  “Gogoro is unveiling the world’s first solid-state battery for two-wheel battery swapping because it’s imperative we take advantage of the latest battery innovations to introduce a new era of electric transportation growth and adoption in our cities,” said Horace Luke, founder, chairman, and chief executive officer of Gogoro.  “We partnered with ProLogium Technology, a global leader in solid-state battery innovation, to jointly develop this new battery that delivers higher energy density for better range, improved stability and safety, and is reverse compatible with all existing Gogoro-powered vehicles.” As the next generation of battery chemistry, solid-state lithium ceramic batteries are expected to replace traditional lithium-ion batteries and become the mainstream power source for electric vehicles and consumer electronics.  Solid-state batteries provide higher energy density and deliver a greater range for electric vehicles. Gogoro estimates that its solid-state batteries will increase the capacity of current lithium batteries by 140% or greater, from 1.7 kWh to 2.5 kWh.  “As leading global battery innovators, Gogoro and ProLogium have partnered to jointly design solid-state battery prototypes that integrate with Gogoro’s battery swapping network and two-wheel vehicles,” said Vincent Yang, founder and CEO of ProLogium Technology.  He added, “Solid-state battery technologies present a new phase in the future of electric vehicles, and we look forward to advancing this Gogoro prototype battery into a commercial offering in the future.” [ad_2] Source link

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[ad_1] S&P cuts Russia's foreign currency rating to 'selective default' [ad_2] Source link

[ad_1] India is set to launch its digital gaming research initiative to develop high-end technologies for an immersive gaming environment with an aim to promote and popularise Indian culture, a senior official said. The Science and Engineering Research Board (SERB) Digital Gaming Research Initiative will have three verticals R&D in Learning and Leisure Gaming Platforms; Collaborative Technical Design Process: SERB Game Labs; and Immersive Game Prototypes with focus on Indian Culture and Values. SERB Secretary Sandeep Verma said on Twitter that the R&D initiative will connect academia, start-ups and industry to rapidly evolve high-end R&D concepts for development of Indian game engines, procedural content generators, design patents/copyrights on player and community centric games. Digital games and simulations present exciting S&T problems for research and translation, leading to significant commercial potential on global scale, Verma said. Innovation will include cross-cutting research in engineering, computer science, visual graphics, fine arts and social sciences, he said. Prime Minister Narendra Modi has been batting for increasing Indian footprint in the international gaming sector. Finance Minister Nirmala Sitharaman had announced setting up of a task force to promote animation, visual effects, gaming and comic sector. Several domestic gaming developers have recently announced plans to launch India-themed games such as Indus Battle Royale which takes inspiration from the weapons and landscapes that were part of the earliest civilization in India. Indian gamers had also launched FAUG Fearless and United Guards, a India-themed battle royale game as a counter to PUBG and Free Fire. [ad_2] Source link

[ad_1] This week’s HW+ member spotlight features Eric Lapin, who was recently appointed chief strategy officer at FormFree. Tapping into more than 25 years of experience, Lapin will strategically identify and execute growth opportunities at FormFree to drive the company forward. Prior to joining FormFree, Lapin served as first vice president of corporate development, national agency services, at Old Republic Title, and has also held leadership positions at Altisource, Black Knight, First American and Credit Suisse. Below, Lapin answers questions about the housing industry: HousingWire: What is your current favorite HW+ article and why? Eric Lapin: I’ve been enjoying the HW+ team’s coverage of Figure Technologies (including this recent piece from Flávia Furlan Nunes). I appreciate companies with the boldness and fortitude to drive the industry forward. That’s what drew me to this role at FormFree, too. HousingWire: What is the weirdest job you’ve ever had? Eric Lapin: I attended Old Dominion University in Norfolk, Virginia. There was a row of clubs and restaurants right in the middle of campus, including O’Sullivan’s Wharf on Colley Avenue where I waited tables during the day. A few nights a week, I also worked DJ shifts at a bar on Hampton Boulevard called The Elbow Room. I had a blast playing all sorts of rock, dance and hip-hop music using the bar’s turntables and my own CD collection. Being around that energy was enthralling and created a nice diversion from studying. HousingWire: If you would have picked a different career, what would it be? Eric Lapin: In a different life, I would be a professional musician or music producer. I currently play in two bands as a drummer in Charleston, South Carolina. One is a rock band, and the other is a jam band (complete with a horn section) that specializes in 90s and 2000s hip hop and funk. We have an agent and play private gigs, clubs, corporate events, festivals and even the occasional wedding — though we politely refuse to do ‘typical’ wedding favorites like the Macarena, Brown Eyed Girl, and the Electric Slide. People often say that when you do something you love, it won’t feel like work. That is how I feel about playing music. I love being able to improv on the fly, translating the energy of my bandmates and the crowd into something new and different. It’s even fun when one of us messes up. It’s all part of the “live” experience, and you can’t recreate that. HousingWire: What is the best piece of advice you’ve ever received? Eric Lapin: When I was in my mid-20s, I worked for Provident Bank based in Cincinnati, which was later acquired by PNC. As my role with the bank grew, I was fortunate to have the opportunity to learn various areas of the lending business, including wholesale, correspondent and warehouse lending. There was always a lot going on within the different divisions, and the business would ebb and flow depending upon the rate environment. The president of the mortgage division was a seasoned veteran in finance, and whenever he would hold company meetings, he would end the calls by taking questions from the audience. I’ll never forget when I asked him, “When do you think we will stick with an operational flow that works and will help drive more business”?  He replied, “If it ain’t broke, break it.” His point was that complacency kills progress. Learning and improving is an ongoing process, so we should never stop augmenting our knowledge and trying new approaches. HousingWire: What’s 2-3 trends that you’re closely following? Eric Lapin: Here are the following: Digital currency. Banking consortiums are emerging that seek to facilitate the trading of loan pools via stablecoins that are valued on par 1:1 with the U.S. dollar. By reducing the latency of asset transfers, these consortiums hope to enable real-time settlement at reduced cost and with greater security. This added efficiency has the potential to help financial institutions pick up a few basis points per transaction. Blockchain.  Distributed ledger technology has laid the groundwork for much more than just digital currency, especially as we get better at connecting legacy systems and data sources with blockchains. These connection points, called “oracles,” make it possible — not just theoretical — for lenders to reduce compliance costs while conducting faster transfers of loan trades and assignments of transfers on loan servicing. Investment in technology. Forward-thinking lenders see today’s margin compression as a call to adapt and change, not hunker down. As volume slows, many are considering enhancements to their current tech stack as a long-term growth strategy. HousingWire: What keeps you up at night and why? Eric Lapin: I worry we’re not making enough progress when it comes to creating opportunities for more renters to become homeowners. Housing inventory is low, interest rates are rising and median income isn’t keeping up with rent inflation. I believe government and private actors alike need to move faster to address these trends and make generational wealth-building available to many more families. HousingWire: What’s one thing that people aren’t paying attention to that you think they should be paying attention to? Eric Lapin: We all need to pay better attention to what’s going on outside of our respective ‘bubbles.’ Instead of saying “we don’t do that here” or “we have never done it that way,” leaders should pay attention to what is working well in other countries as relates to lending. Legacy thinking and well-intended regulation have kept industry innovation to a snail’s pace, especially in the United States, when in reality data, technology and analytics exist today and could provide value right now. The financial institutions that are thinking globally, learning from others’ success stories and investing in research and development are the ones making the greatest strides and positioning themselves for future success. Don’t forget, HW+ members receive exclusive pricing at HW Annual 2022, click here to learn more. To become an HW+ member, click here. For more information on HW+ benefits, click here. To view past issues of our HW+ exclusive

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[ad_1] Ukraine demands tough global response to train station missile strike [ad_2] Source link

[ad_1] UP Legislative Council Election 2022, UP MLC Elections 2022: The voting for the Legislative Council elections in Uttar Pradesh is being held today. After a thumping victory in the Assembly polls, the BJP now eyes to emerge as the single largest party in the state Upper House by winning majority of the 36 seats going to polls. It has already won nine of them unanimously. The results for the remaining 27 seats will be announced on April 12. These polls were earlier scheduled to be held on two different dates, but are now being held together. Ninety-five candidates are in the fray. Voting will take place from 8 am to 4 pm at 739 polling centres with 1,20,657 voters expected to exercise their franchise, the chief electoral officer of Uttar Pradesh said. The voters in this biennial election are village pradhans, members and chairman of block development councils, members and chairman of Zila panchayat, and corporators in urban areas. MLAs and MPs are also voters in this poll. Adityanath, an MLA from Gorakhpur Urban, will cast his vote in Gorakhpur on Saturday at the polling booth in the municipal corporation, official sources said. Nine MLCs from eight local authorities’ constituencies have been elected unopposed. These seats are Budaun, Hardoi, Kheri, Mirzapur-Sonbhadra, Banda-Hamirpur, Aligarh, Bulandshahr and Mathura-Etah-Mainpuri. Two MLCs were elected unopposed from Mathura-Etah-Mainpuri local authorities’ constituency, while from the rest of the constituencies, one MLC each was elected unopposed. In the 100-member Legislative Council, the BJP has 34 MLCs, the Samajwadi Party 17 and the Bahujan Samaj Party four. The Congress, Apna Dal (Sonelal) and NISHAD party have one member each in the House. The Teachers’ group has two MLCs, while the independent group (‘Nirdal Samooh’) and Independents have one MLC each. As many as 37 seats are vacant at present. The Congress and the Bahujan Samaj Party have not fielded any candidate in the legislative council polls, making it a straight fight between the BJP and the Samajwadi Party, the principal opposition in the state Assembly. Some independent candidates are also in the fray. [ad_2] Source link

[ad_1] Mets, Nationals’ benches clear after Francisco Lindor gets beaned in head  New York Post Benches clear in Mets-Nationals after Francisco Lindor becomes latest player to get hit with pitch  CBS Sports Pete Alonso on 9th inning hit-by-pitch, offensive poise, Opening Day victory | Mets Post Game | SNY  SNY Mets’ Pete Alonso drilled in face, exits win over Nationals  New York Post The Benches Just Cleared in Washington After Nationals Pitcher Nearly Takes Francisco Lindor’s Head Off  bleachernation.com View Full Coverage on Google News [ad_2]