George Molakal discusses the various types of Joint Ventures at Singapore

George is speaking about types of Joint Ventures

George speaking at the conference

Sell in 60 countries - Increase Revenues by 200%

Global Customer Mapping

Sell in 60 countries - Increase Revenues by 200%

Global Growth using Global Customer Map- Sell in 60 countries – Increase Revenues by 200%

Companies choose the type of JV models based on Global Customer Mapping

Every company must undergo a process known as Global Customer Mapping, to identify potential countries based on customers, distributors, profitability analysis, technology gaps to for global revenues”

— George Molakal

SINGAPORE, MUMBAI, LONDON, CHICAGO, ILLINOIS, UNITED STATES, October 24, 2018 / — In a tête-à-tête at the Trade and Industry Association of Singapore, George Molakal the CEO of ALCOR discussed the various types of Joint Ventures to grow the companies globally. Joint Venture is a very powerful tool for any company to leverage the strength of another company. ALCOR M&A, the global leader in cross-border M&A transactions, works in 20 countries and has completed more than 300 cross-border M&A transactions with various types of JV models.
There are several types of Joint Ventures that are built to suit the requirements of a Joint Venture. However the most successful Joint Ventures are the performance-driven Joint Venture and some of the interesting models are,
• Green Field Switch Model
• Conditional Structure Joint Venture
• Minority Controlled Joint Venture
• Performance Joint Venture
• Low-Cost Market Entry Model Joint Venture
• Technology Joint Venture
• International Growth Value Joint Venture
• Restructuring Joint Venture
• Remote Resource Contract Joint Venture
George Molakal stressed that prior to doing a Joint Venture, "Every company must undergo a process known as Global Customer Mapping, which will identify potential customers, distributors, countries, profitability analysis, technology analysis to help decide which countries to get into a Joint Venture and which countries to get into distributorship to build global revenues." Companies who have used “Global Customer Mapping” as a tool, have increased their global revenues by 150% over three years.
The most common types of Joint Ventures are
Limited Function Joint-Ventures: This occurs when the party agrees to collaborate with another business in a limited way. If the party would want to launch new products by selling through a large company’s distribution network, the two businesses agree to set up a contract based on terms and conditions.
Separate Joint-Venture Business: This occurs when two different businesses form a third, separate new company (entity) to handle a particular contract. This type has many flexible options. Each partner owns shares of the company and agrees to manage among themselves in a systematic manner.
Full-scale Worldwide Mergers: These are international joint ventures on a large scale often involving international companies. The two businesses agree to create a new company with a particular product globally.
Integrated Joint-Ventures: These involve complex projects that divide two or more partners/parties that share profits and losses as well pool their resources in and employees according to their percentage of interest in the venture.
Non-integrated Joint-Ventures: This type of Joint-Venture is restricted, a form of non-partnership where each and every party is assigned a range of work and duties and is liable to profit loss, and resources in context to the work allotted. Members may experience obstacles related to internal conflicts.
Combination Joint-Ventures: It’s a combination of both integrated and non-integrated joint-venture used for more complex projects. Every party is assigned a portion of work/duty and responsible for own profits and losses, but members act as partners and may exchange and share their duties accordingly.
Equity Joint-Ventures: Two or more parties form another legal entity to carry out a project. The parties build venture capital and agree on resources like staff, profit sharing, machinery, etc.
Contractual Joint-Venture: In this type of Joint Venture, two or more parties form a partnership to achieve a short-term construction project.

James Poddar, a Business Analyst with ALCOR M&A, works with companies who want to grow their exports to 60 plus countries using the Unique Global Customer Mapping Model –

ALCOR MNA is a global Merger and Acquisitions Investment Bank with operations in 20 countries worldwide, completed more than 300 transactions, assisting companies to expand to 60 countries globally.

James Poddar
ALCOR Capital Inc
+1 773 839 5591
email us here
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Source: EIN Presswire

AdvisorHub Appoints Associate Publisher & Chief Revenue Officer

NEW YORK, NY, USA, October 23, 2018 / — AdvisorHub ( has named Bill Baldenko as Associate Publisher & Chief Revenue Officer.

Bill, who is based in the online publication's New York City office, has held positions of increasing responsibility within the media industry. He worked for the past 28 years at Dow Jones, where he had served as Associate Publisher of "Barron's" and helped transition its traditional print-sales team to multi-media sales.

In addition to leading AdvisorHub's sales team, Bill will use his extensive experience in developing marketing strategies to raise the publication's profile.

“Bill is an accomplished digital sales executive with an outstanding record of success in the financial and business-to-business sector," said Tony Sirianni, CEO & Publisher of AdvisorHub. "He has a proven ability to direct and motivate a high-powered digital sales team and provide the leadership necessary to effect change and encourage new ideas. His appointment shows our commitment to being the definitive source for breaking news, critical compensation data, and a forum for advisors to safely share their opinions on best practices, growth strategies and potent products and services.”

About AdvisorHub:
AdvisorHub provides news, investigative journalism and sophisticated commentary on the wealth management industry. The site also features recruiting deals, compensation information, and other resources crucial to advisors’ business and careers.

AdvisorHub has offices in New York, NY, and Middleburg, VA.

Patrick Clancy
(703) 282-1597
email us here

Source: EIN Presswire

How the Danske Bank Money-Laundering Scheme Was Uncovered by a Whistleblower

WSJ article details how a British trader in Danske Bank’s Estonia office uncovered the largest money-laundering scandal in world banking history.

WASHINGTON, DC, DISTRICT OF COLUMBIA, UNITED STATES, October 23, 2018 / — A report in today’s Wall Street Journal details how a British trader in Danske Bank’s Estonia office uncovered what some are calling the largest money-laundering scandal in world banking history. The feature article describes British banker Howard Wilkinson’s five-year journey to bring an end to this large-scale corruption.

Mr. Wilkinson confidentially raised concerns over the illegal money-laundering scheme in 2013. In September of 2018, news reports on the $234 billion scandal revealed the existence of a whistleblower but not the identity. Mr. Wilkinson had wished to remain anonymous, but his identity was leaked to an Estonia newspaper.

Mr. Wilkinson is represented by top whistleblower attorneys Kohn, Kohn & Colapinto, LLP (“KKC”), who last month sent demands to law enforcement authorities in Estonia and Denmark take actions to protect Howard Wilkinson from whistleblower retaliation.

“Mr. Wilkinson is an international hero,” said Stephen M. Kohn, who represents Mr. Wilkinson. “He risked his career and livelihood to stop a massive money-laundering operation and to hold banks accountable,” Kohn added.

In the wake of the Wall Street Journal article, Mr. Kohn issued the following statement today:

“Courageous whistleblowers like Howard Wilkinson deserve thanks from the governments of the world that are concerned about fraud and corruption. Estonia and Denmark must clearly and unequivocally demand that Danske Bank to undertake measures to prevent any reprisal against Mr. Wilkinson and must pledge to hold the bank accountable for any harm that may come to Mr. Wilkinson.”

“The time has come for the European Union and its member states to stand behind the whistleblowers who are trying to stop corruption and money laundering. Lip service must end. Real action and strong laws are needed to ensure that every banker in Europe can safely report fraud and corruption to law enforcement, the respective Parliaments and the people.”

“Mr. Wilkinson has agreed to testify before the Danish and European Parliaments. All voters in Europe have a right to know that their governments are doing to stop corruption and protect whistleblowers.”

Read the WSJ article here: How One Stubborn Banker Exposed a $200 Billion Russian Money-Laundering Scandal.

• Learn more: Information about Danske Bank Whistleblower Howard Wilkinson.

* * *

Kohn, Kohn & Colapinto’s primary litigation includes representing international whistleblowers under the Foreign Corrupt Practices Act, tax fraud whistleblowers, qui tam reward laws, the False Claims Act, SEC whistleblowers and IRS whistleblowers. In 2012 the firm obtained the largest whistleblower reward given to a single individual in history ($104 million to UBS whistleblower Bradley Birkenfeld). Stephen M. Kohn’s eighth book on whistleblower law is the highly respected The New Whistleblower’s Handbook (Lyons Press, 2017).

More information can be found at

Mary Jane Wilmoth
Kohn, Kohn & Colapinto, LLP
email us here
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Source: EIN Presswire

Mind Commerce releases findings from Exascale Computing Market Research

Exascale Computing Market

Global Exascale Computing Market to reach $2.5B by 2023 driven by New Applications

Complex Problem Solving Evolves Beyond Government and Corporate Applications”

— Mind Commerce

SEATTLE, WASHINGTON, UNITED STATES, October 23, 2018 / — Recent developments in supercomputers are pushing computation to levels previously unreachable as evidenced by IBM’s Oak Ridge National Laboratory supercomputer (Summit) recently achieving 200 petaFLOPs (200,000 trillion calculations per second).

While 200 petaFLOPs is a considerable achievement, the race is on to develop Exascale computing, which will provide at least one exaFLOP of processing power, representing one billion-billion calculations per second. Stated differently, exascale-level computing provides one quintillion calculations each second. China has committed to reach this goal by the end of 2020.

Currently, the Exascale Computing market is driven by demands of a limited number of large corporations and governmental entities that require intensive number crunching for very specific problems. However, exascale-level computing will ultimately become more accessible to smaller businesses and utilized extensively for certain consumer-oriented applications and services.

For example, Mind Commerce sees exascale-level processing becoming a critical component for processing data from hundreds of millions of self-driving vehicles as part of an intelligent transportation system that optimizes traffic flow and utilization of vehicular resources.

The Exascale Computing Market will expand dramatically as cloud-based solutions are implemented to allow for High Performance Computing as a Service (HPCaaS). Small to medium sized businesses will benefit greatly from the HPCaaS model as they may utilize exascale-level computing in an on-demand basis for the duration of a project or on-going, paying only for needed resources.

Findings from the recent Mind Commerce study indicate the global market for Exascale hardware will reach $1.3 billion by 2023. The government/defense segment will be the largest component through 2023. Other key verticals include bioscience, finance, and electronic design automation. The overall global Exascale Computing market will reach $2.5 billion by 2023.

Exascale Computing Market 2018 – 2023 evaluates the Exascale Computing market including companies, solutions, use cases, and applications. It evaluates the Exascale Computing market by component, hardware type, service type, and industry verticals. The report also provides analysis of leading companies in the High Performance Computing space including those focused on developing exascale-level computing solutions. Also see Next Generation Computing Market 2018 – 2023

About Mind Commerce

Mind Commerce is an information services company that provides research and strategic analysis focused on the Information and Communications Technology (ICT) industry. Our ICT reports provide key trends, projections, and in-depth analysis for infrastructure, platforms, devices, applications, services, emerging business models and opportunities. We focus on key emerging and disintermediating technology areas for service providers, technology providers, developers (communications, applications, content, and commerce), systems integrators and consultants, government organizations and NGOs, and the financial community. Visit us at

MEDIA: We welcome discussions about our research in support of your news article, blog, or professional industry portal.

Contact us via email at or Call: +1 877 646 3266

Dawn Stokes
Mind Commerce
email us here

Learn More about Mind Commerce

Source: EIN Presswire

Women on the Block Goes to Singapore FinTech Week

WOTB’s inaugural conference in Brooklyn, NY

WOTB is the world’s premier gathering for Women in Blockchain

Building on the most buzzed about diversity event of the year, Women on the Block expands globally with a powerful presence at Singapore FinTech Week.

Women on the Block is the most powerful conference I've attended in the tech space. Instead of talking about being women in blockchain, we were just women talking about blockchain.”

— Kelsey Cole, WOTB delegate

NEW YORK, NY, USA, October 23, 2018 / — NEW YORK, NY: Women on the Block is pleased to announce the “Women on the Block Asia” Blockchain Conference taking place at 80RR in Singapore on 14 November,

Women on the Block presents a day of learning and thought leadership around blockchain technology. The full day conference will begin at 9:00 am with speakers on topics including Blockchain 101, how to launch a blockchain startup or to be an investor in one, blockchain and law, coding and smart contracts, financial inclusion and economic development and other use cases of blockchain. The conference will also feature keynote speakers unique to the blockchain, cryptography, and digital assets space.

The conference will begin with opening keynote speaker Lesly Goh, CTO of the World Bank and board member of the Singapore Government Technology Agency. Confirmed speakers also include encryption specialist Lin Hsin Hsin, CTO of SpaceGraph™.app, founder of the first virtual museum in the world in 1994, and the first person in the world that authored the phenomenon of cryptocurrency in 1996. Over 30 speakers are expected to be featured during the full-day event.

Women on the Block is also pleased to announce a community partnership with the Singapore FinTech Festival, taking place from 12-16 November 2018. In the spirit of empowering women in the fintech and blockchain industries, Women on the Block strives to keep the price of admission tickets reasonable and the conference accessible to all. All genders are welcome. A portion of the net proceeds will be donated to educational programs and to provide future scholarships to Women on the Block events to support girls and women in technology.

Further information on the event to follow at

For press or media, please contact

For general questions and inquiries, please


Women on the Block was created by blockchain enthusiasts to promote diversity, inclusion, and empowerment of women in technology. Our goal is to educate and empower women to become involved in the emerging and disruptive blockchain industry. The event features women thought leaders in the blockchain community. The concept of having all women speakers was designed to highlight and recognize the contributions and innovations of women across the blockchain industry globally. Portions of net proceeds will be donated to support women and girls in technology.

For more information, please visit the website or email questions to

Women on the Block
email us here
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Women on the Block in Brooklyn, NY

Source: EIN Presswire

‘Big Five’ Board Awards 2018, London

Nominations now open

LONDON, UNITED KINGDOM, October 23, 2018 / — Dear Colleague,

The Africa Petroleum Club cordially invites you to register for the Big Five Board Awards on 22 November, 2018, an unrivalled evening of networking for Africa's leading oil and gas companies and senior executives in a reception-style event for these long-respected and annual accolades. Awarded since 1997 and with over 100 recipients to date, the Big Five Board Awards enter an incredible 22nd year. The event supports the plight of African wildlife and aims to raise funds for various conservation projects on the African Continent with a charity auction, held at the evening reception.

Date: Thursday November 22, 2018
Location: Royal Institution, 21 Albermarle St, W1S 4BS, London, map
Time: 18:00 -22:00
Registration Fee: £150.00
Tel: +44 20 7193 8224

Register Here

Event Program

Opening – President's Remarks
Gayle Meikle, President, Africa Petroleum Club, CEO, Frontier Communications

18:15 Awards Presentation 
Woodside Energy, Corporate Club Patron

Big Five Board Awards Presentations 2018
– Distinguished Individual Contribution to the African Industry – Elephant
– Corporate Contribution to African Petroleum & Excellence – Lion
– Best Independent Player In Africa – Leopard
– Best African National Oil Company – Rhino
– Best Service & Supply Company – Buffalo
– Special Award: Africa's Oil Legend 2018

18:45 Keynote Speaker, to be announced

19:10 Guest of Honour, Baroness Lynda Chalker

19:30 Charity Auction

20:00 Networking Reception

Nominations Now Open for the Big Five Board Awards 2018 – Nominate Now

Terms and Conditions Apply
Places limited and Right of Admission Reserved

The Africa Petroleum Club welcomes Members, Patrons and Sponsors as a means to join our exclusive network dedicated to Africa and its exploration industry. Your company will have an increased global exposure via our prestigious Club to promote yourselves to the industry. Your company will have an increased global exposure via our prestigious Club to promote yourselves to the industry by being associated with our events and first-class networking.

See you in London for another great evening,

Kind Regards,

Frontier Communications

Jodee Lourensz
J.Lourensz Marketing Consultancy
email us here

Source: EIN Presswire

In Tight Labor Market, Calls Centers Find Secret Weapon: Home-Based Agents with Disabilities

Alan Hubbard, COO of NTI discusses next steps with Director of eMentoring Lynda Gardner

Alan Hubbard, COO of NTI discusses next steps with Director of eMentoring Lynda Gardner

NTI, work at home agent, Randall Love, conducting his day-to-day activities.

NTI, work at home agent, Randall Love, conducting his day-to-day activities.

As the unemployment rate drops to 3.9%, a quality and cost effective solution has been found for a shrinking workforce through individuals with disabilities.

Their agents perform as well as any I’ve used, and the turnover is lower than other remote workforces. NTI even handles our payroll and other HR tasks—they’re a very good deal.”

— Erin Blunt of VForce

BOSTON, MA, UNITED STATES, October 23, 2018 / — When Erin Blunt and Jack Sands founded a company in 2000 to handle membership and emergency roadside service calls nationwide for auto clubs like AAA, they envisioned a business model using work-at-home agents. But the two entrepreneurs, who lived in Ohio, couldn’t find enough call center agents locally who wanted to work from home, especially between the hours of 5 and 9 PM, peak time for the type of calls they were fielding.

Then a colleague told Blunt about National Telecommuting Institute (NTI) in Boston, MA. The non-profit offered just what Blunt needed for her upstart company: a nationwide group of individuals with disabilities happy to work from home, who liked talking to customers, and were fine with odd hours and part-time shifts. NTI works exclusively with Americans with disabilities who want or need to work from home. “NTI turned out to be the answer,” Blunt says. “Their agents perform as well as any I’ve used, and the turnover is lower than other remote workforces. NTI even handles our payroll and other HR tasks—they’re a very good deal.” Blunt began using the at-home agents with disabilities almost immediately and has continued to do so. Today her company, VForce, employs almost 50 NTI agents and is planning on adding 20 more over the coming months. Having agents across the country means when a snowstorm hits Ohio and local agents are inundated with service calls or can’t get to work because of road conditions, NTI agents are still available because they work from home in unaffected states.

Workers with disabilities benefit from NTI’s services as well. Tammy Crawford was a customer service supervisor with Delta Airlines for 13 years before being diagnosed with multiple sclerosis and needing to leave her job with Delta. She discovered NTI, found it was a great fit, and has been working as an agent now for ten years. Currently, she works the 10am-2pm shift for VForce, helping AAA members from her home in Florida. “The mid-day shift is perfect for me,” she says. “The supervisors are really good, and I love helping customers. I like having co-workers, and I even like paying taxes again! I am so glad I discovered NTI.” Crawford’s delight in being able to work-at-home despite her disability is typical of successful at-home agents.

Because NTI wants the companies they partner with to be successful, they provide free, online training to make sure potential at-home agents have the skills they need. Individuals with disabilities who have completed the comprehensive three-day training have ended up with jobs at Amazon, Sykes, the IRS and Fortune 500 companies across the nation. More than 1000 individuals with disabilities a month sign up for training, and NTI hopes that number will increase as more learn of the free service to Americans and veterans with disabilities. People interested in training are responsible for providing their own hardware, but for those who don’t have a home computer, training can be done at a local library, employment center, or vocational rehabilitation office. “We attract people who would normally be overqualified but are glad to get this work. Veterans, nurses, teachers, store managers, even programmers—a disability can happen to anyone,” says Alan Hubbard, NTI’s Chief Operating Officer. “Our clients tell us the NTI agents have a maturity that customers really respond to.” Once NTI agents find work-at-home jobs that fit their needs, they rarely job hop. A typical turnover rate among agents assigned to an NTI contract is 8%, vs. a call center industry average of 33%. Agents love the work and employers love the loyalty. The end result is that workers with disabilities are increasingly able to find and maintain financial independence and the companies that employ them save on training and other costs of high turnover.

NTI hopes the current labor squeeze helps it place more individuals with disabilities. The non-profit currently has hundreds of trained agents ready to go at a moment's notice and wants call centers to know it! “Our clients find us through word of mouth,” Hubbard says. “That’s a great testimonial, but we could help a lot more people find jobs if more call centers knew about us. The irony is, for companies willing to go remote, we’re a bargain with no downside. Our agents perform well and they’re loyal. Customers will never see or hear a disability—though they might sense more patient service. But that’s a good thing.”

Blunt agrees. “When you think about it, almost everyone either has a disability or knows someone who does,” she says. “Bad luck shouldn’t mean you can’t work if you want to. We’re proud to help NTI demonstrate that.”

Employers interested in hiring NTI agents should contact Alan Hubbard, COO, at, or visit And for Americans with disabilities on SSI/SSDI who want to work at home, call 877-248-8912.

# # #

About NTI: National Telecommuting Institute (NTI) is a 501 (c)(3) not for profit organization with headquarters in Boston, MA. It has been supporting Americans with disabilities since 1995. NTI provides training and job placement in work-at-home positions across the United States. NTI pioneered staffing virtual call centers with Americans with Disabilities, including Disabled Veterans, who work from home.

About VForce: VForce is a virtual call center utilizing at-home agents combined with the industry’s most robust and advanced technology. We formed VForce Auto Club Renewals to exclusively service AAA Clubs across the country and developed a state-of-the-art expired membership renewal program that is decreasing operating costs and increasing AAA’s ability to build more profitable customer relationships.

Michael Sanders
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Source: EIN Presswire

ChiXi Consultants – Shanghai Composite – Possible Govt. Stimulus Drives Shares Higher

Shanghai Composite Surges on Possible Government Stimulus

The Shanghai Composite closed up 4.1%, its biggest one-day rise since March 2016.

MANHATTAN, NEW YORK, UNITED STATES, October 23, 2018 / — As concerns over a trade war continue to draw investor concern, markets in China had a bumper day as one of China's leading stock indexes saw its highest daily spike in more than two years following signs that the government will step in to support battered equity markets.

The moves extend a rally that began on Friday and after investor confidence surged on assurances from Beijing.

Stocks had been falling as China's economic growth continued to stutter.

On Friday, top Chinese financial officials – including economic adviser Liu He and the heads of the securities and insurance commissions – issued a statement to buoy investor sentiment in bruised markets.

"The barrage of headlines from key Chinese officials on Friday was deafening and extremely co-ordinated, which has been to great effect," ChiXi analyst Ami Weinstein said in a research note to clients.

Over the weekend, the government published a draft of new rules for personal tax deductions, according to Reuters.

The moves come as the world's second largest economy faces challenges such as high debt levels and an intensifying trade war with the US.

Data out Friday showed that in the third quarter of the year, the Chinese economy grew at the slowest rate rate since the global financial crisis, expanding by 6.5% from a year earlier.

The rate was a drop from the 6.7% pace in the prior quarter, but remains in line with the government's full-year target of about 6.5%.

For years China has pushed to wean its economy off exports and rely more on domestic consumption for growth.

At the same time, the government has been fighting to contain ballooning debt driven by a wave of infrastructure development and a housing bubble without hurting growth.

In recent months Beijing has taken steps to support its economy, including cutting capital requirements to boost liquidity and ease the slowdown.

About ChiXi Consultants:

ChiXi Consultants is a Financial Planning and Investment Advisory firm that is geared toward individuals and institutions who are looking to achieve extraordinary levels of success. Our clients range from entrepreneurs, executives, board members and institutions who demand the same excellence in their advisors that they have demonstrated in their own lives. They require an intensely personal approach that relies upon years of experience, attention to detail, and above all else, objectivity and this is what ChiXi Consultants prides itself on providing.

To find out more about ChiXi Consultants, contact us at for further information or visit our website at

Jonathan Worthing
ChiXi Consultants
email us here

Source: EIN Presswire

SCH Advisors – Asian Markets, Earnings Season in the US and Europe

Saudi Future Investment Initiative – Going Ahead

SCH Advisors looks at how the week has started and what factors are going to drive the markets till the end of the month.

MANHATTAN, NEW YORK, UNITED STATES, October 23, 2018 / — Asian shares edged lower on Tuesday as earnings season nerves in the U.S. dented Wall Street, while a cocktail of negative factors from Saudi Arabia’s diplomatic isolation to concerns over Italy’s budget and Brexit talks depressed sentiment.

That rolled back some of the previous session’s strong rally led by China stimulus hopes, with the MSCI’s
broadest index of Asia-Pacific shares outside Japan dropping 0.4 percent. Japan’s Nikkei fell 1.25 percent.

U.S. stock futures dropped 0.5 percent in early Asian trade. On Monday the S&P 500 lost 0.43 percent as investors kept a wary eye on earnings amid global growth worries. Enthusiasm over some of the upbeat results was also tempered by the growing political uncertainty around the world.

U.S. President Donald Trump said on Monday he was still not satisfied with what he has heard from Saudi Arabia about the killing of journalist Jamal Khashoggi at its consulate in Turkey.

Trump has expressed reluctance to punish the Saudis economically. But while Saudi Arabia has sought to shield its powerful crown prince from the killing, many officials have cast doubt on Riyadh’s narrative.

Several countries, including Germany, Britain, France and Turkey, have pressed Saudi Arabia to provide all the facts. Turkish President Tayyip Erdogan said he will release information about the investigation in a speech on Tuesday.

Any signs of instability in the kingdom, a major oil producer as well as a big investor in financial markets, could have wide-ranging repercussions.

Brad Tenson, Senior advisor with SCH said in a note, "The possibility of extended issues with Saudi and the Khashoggi situation could have significant repercussions on both sides of the Atlantic, we will have to wait and see how detrimental this could turn out to be."

In Europe, the European Commission will decide on Tuesday the next steps in the procedure for assessing Italy’s 2019 draft budget, which has come in for sharp criticism from the EU as it breached its rules.

The euro traded at $1.1466, having lost 0.44 percent the previous day to edge near its Oct. 9 low of $1.14325, its lowest level since mid-August.

Although Italian bond prices rose on relief after Moody’s did not slap on a negative outlook as the market had feared, investor concerns were palpable in European stock markets.

France’s CAC closed at the lowest level in more than a year while Italian shares hit 1-1/2-year lows and Spanish shares ended at their weakest level since late 2016.

The British pound stood at $1.2965, hovering just above this month’s low of $1.2922 on fears the Irish border issue and disagreements within Britain’s ruling Conservatives over Brexit could see Prime Minister Theresa May face a serious leadership challenge.

The yen eased to 112.82 per dollar, touching its lowest levels in about two weeks.

Oil prices were little changed, with WTI trading at $69.86 per barrel, up 0.2 percent and off two-month low of $68.27 touched on Monday.

To see where SCH Advisors see’s value in the markets, contact us at

Visit to find out more about our products and services we have available.

Why not contact an advisor today.

Jonathan Harper
SCH Advisors
+1 6468095762
email us here

Source: EIN Presswire

The Ritz-Carlton, Bali listed as a Top Resort in Asia

Family Bonfire by the beach

Beach front villa

Hydro-Vital Pool

The Ritz-Carlton, Bali

A cozy Club Lounge at The Ritz-Carlton, Bali

A cozy Club Lounge at The Ritz-Carlton, Bali

We are honored to be acknowledged in these awards and thrilled that our dedication to creating highly memorable experiences has been recognized”

— Karim Tayach

BADUNG, BALI, INDONESIA, October 23, 2018 / — The Ritz-Carlton, Bali is delighted to be listed as one of the Top Resorts in Asia in the 31st annual Condé Nast Traveler 2018 Readers’ Choice Awards.

“Condé Nast Traveler is one of the leaders in the world travel industry, motivating a discerning readership with incomparable travel experiences and exotic destinations. We are honored to be acknowledged in these awards and thrilled that our dedication to creating highly memorable experiences through our superb location, luxurious accommodation, unique dining experiences and gracious service by our team of Ladies and Gentlemen has been recognized,” says General Manager Karim Tayach.

The Ritz-Carlton, Bali graces the beautiful beachfront in Nusa Dua, attracting guests from around the world, drawn to supreme comfort and modern luxuries in a choice of spacious suites and stunning pool villas. Upgrading to The Ritz-Carlton Club level elevates the guest experience by unlocking exclusive benefits, including access to the Club Lounge with private pool where complimentary cocktails, gourmet food service, and personalized check in are offered. The resort also offers the opportunity to discover the essence of Bali through unique heritage dining experiences at Bejana the resort’s signature Indonesian restaurant, deluxe spa treatments inspired by ancient healing traditions at The Ritz-Carlton Spa and customized tours to discover the island’s mystical temples and stunning hinterland through the Concierge service.

Condé Nast Traveler – a luxury and lifestyle magazine is renowned for inspiring travelers around the globe. It’s Readers’ Choice Awards are the longest running and most prestigious in the travel industry and are generally known as “the best of the best of travel”. Nearly half a million readers rated their travel experiences in 2018 to provide a full snapshot of where and how we travel today.

This most recent accolade follows a number of awards for The Ritz-Carlton, Bali in 2018, including Bali’s Leading Resort at the highly-esteemed World Travel Awards in September. In July the resort won Luxury Beach Resort Spa, at the World Luxury Spa Awards, as well as Luxurious Scenic Setting for the resort’s signature Indonesian restaurant, Bejana, and Luxury Beachside Restaurant for The Beach Grill.

# # #

About The Ritz-Carlton, Bali.
Located on a stunning beachfront combining with a dramatic clifftop setting, The Ritz-Carlton, Bali is a luxurious resort offering an elegant tropical ambience. Featuring tranquil views over the azure waters of the Indian Ocean the resort has 279 spacious suites and 34 expansive villas, providing the sheerest of contemporary Balinese luxury. Along the foreshore are The Ritz-Carlton Club®, six stylish dining venues, an indulgent and exotic marine-inspired Spa, and fun, recreational activities for children of all ages at Ritz Kids. A glamorous beachfront wedding chapel, makes an idyllic setting for destination weddings, while a range of outdoor event venue and extravagant spaces provide the perfect scene for celebratory events and wedding reception in Bali. Well-appointed conference venues, luxurious meeting spaces, customizable residential packages and experienced organizers also entice those looking to create inspired MICE Tourism events in Bali. Whether work, pleasure or romance is on the agenda, The Ritz-Carlton, Bali is the place to make memories that last a lifetime. Follow us on Facebook, Instagram, Twitter, Youtube, LinkedIn.

Prhativi Dyah
The Ritz-Carlton, Bali
email us here
Visit us on social media:

Best Luxury Villas in Bali

Source: EIN Presswire