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Automotive Industry Japan MoroccoJapanese Version […]
Japan MoroccoMOROCCO By KERRY FURUKAWA – SHARE THIS ARTICLE
Born in August 1951 in Rabat, he joined the Foreign Trade Department in 1976, with a degree in mathematics. Over the more than 40 years since, he has served in several positions in government, including secretary-general of the ministry of foreign trade, secretary-general of the ministry of foreign affairs and cooperation, and senior advisor to the prime minister. In 1996, he was appointed representative of Morocco to the European Communities and ambassador to Belgium, and Luxembourg, and served as ambassador to Germany from 2004 to 2011. Before taking up his current post, he was ambassador to the United States until 2016. His awards include the Order of the Throne of the Kingdom of Morocco, given for distinguished civil or military service, the Order of Leopold of the Kingdom of Belgium as well as Officer of the Legion of Honor (France). He is an avid golfer and a pilot.
To visit the Ichigaya residence of the Moroccan ambassador to Japan, Rachad Bouhlal, is to leave Japan. It is to be invited to sit on the centerpiece of the main room — a firm, C-shaped burgundy couch that could easily fit 10 people. It is to rest your feet on patterned rugs that blend instead of clash with the colors and designs of the sofa cushions. To be in what could be a living room anywhere in the North African country means having orange flower water splashed on your hands and inhaling its musky sweetness. It means looking out at the Tokyo skyline through printed arches on the glass windows of the seventh-floor condominium and momentarily doubting your whereabouts.
“You’ve entered Morocco. You’re on Moroccan territory,” the ambassador clarified. “In Morocco, a room like this is a sitting room for guests, it’s a dining room — you just bring a table and some stools — and it’s a sleeping room. On this [sofa], four people can sleep. Because traditionally, especially when you have weddings or big events and you receive family members or guests, you don’t send them to a hotel, you can put blankets and three, four people can sleep on the carpet, and they have a lot of fun — they tell stories, they laugh.”
There were indeed many laughs in our conversation, but what stood out more than anything was the ambassador’s desire to seek out and immerse himself in authentic Japanese experiences as a way of fostering greater understanding. A trip to the Nagasaki town of Sasebo, where he went fishing with a family who later prepared the day’s catch, was one such memorable experience. In fact, Bouhlal has visited more than half of the prefectures in Japan since being appointed ambassador in 2016. There was also the tour of a sake brewery in Fukushima where he made sake, which when presented to him had his face on the bottle. However, one experience that Bouhlal has found to be a continuous way of learning lessons on etiquette and culture is dining at small restaurants known as koryoriya.
“Those places that are run by maybe one or two very old ladies. And they are the ones who cook, and you have only Japanese and they are seated in the traditional way, they are eating in the traditional way. If it’s not a Japanese who takes you there, you might not find it. It’s not the place where you just push the door, sometimes it’s just a curtain or something — you don’t even know it’s a restaurant. And when you enter, they’re sitting there on the floor — sometimes there are no tables — [or] there is one long table, and then you are seated there. And they cook for you. No more than 10 guests, and you see that they know each other, it’s a place where they go almost maybe every day.”
In such restaurants, Bouhlal has also noticed commonalities between Japan and Morocco, such as using a wet towel to clean the hands before eating. In Moroccan restaurants, it is common for someone to walk around with a pitcher of water, soap and a basin for diners to wash their hands.
While his experiences have brought him many important realizations about Japan, objects such as tea sets, sake sets and fans have also impressed upon Bouhlal key characteristics of Japanese products. He points, for example, to the placement of the handle of a traditional Japanese teapot on the side, instead of directly opposite the spout.
“I oftentime delve into thinking what went behind the innovation of putting the teapot handle on the side and at that particular angle. Such sense of detail not only adds comfort for the user, but is a testimony of Japanese craftsmen’s constant quest for little things that make their final product relevant and close to perfection. As an ambassador, I always give great importance to the following attributes in my daily life: attention to detail, quest for continuous improvement and achieving positive results that last in everyone’s memory. In a sense, I can relate to the principles that govern traditional Japanese craftsmanship.”
For this reason, Bouhlal often gives tea sets and sake sets as gifts. As in Japan, green tea is widely consumed in Morocco. Moroccans add mint and perhaps sugar. The tea ware — silver and glass — is different from Japan’s, but the tradition of drinking the beverage is shared, so people appreciate such gifts. With sake sets, however, Bouhlal gives the drink as well, which might be harder to come by in Morocco.
“[Through these gifts] people discover sake, and you explain to them how we drink sake from these very small glasses. And of course you never help yourself, you pour for someone. And if you don’t know that — if you don’t live with people, you don’t understand how you should behave, and people are expecting you to. Of course, if you’re a foreigner, they know that you do not know the tradition. So they will not blame you for that. But when you do it, they are very obviously, ‘Oh, you know how to behave with Japanese.’”
Tate Yoko Research Institute: Japon – Maroc
BREVE PRESENTATION – Business Consulting and Services Tate Yoko Research Institute – TRI 世界各地にまたがり 無限の可能性を創造するこれは、私たち TRI 職員一人一人の想いです。イノベ-ションの創出が社会・企業に強く求められる中、私たちは新しいの視点でクライアントの期待にお応えします。デジタル化の進展により、大きく変化し多様化する事業環境においては、より的確な対応をタイムリ-に実行していくことが求められています。そうした中、地域金融機関に対しては、基幹システムの提供に加えて、デ-タサイエンティストの知見に基づくマ-ケテイングデ-タの分析システムなど、お客様の収益力向上や業務効率化に資するサ-ビスを提供しています。また、お客様視点に立った付加価値の高いシステムソリュ-ションの提供により、業務を広範囲に支援することで、お客様ビジネスの競争力強化に貢献しています。 Tate Yoko Research Institute – TRI “Créer … Continue reading Tate Yoko Research Institute: Japon – Maroc
Africana Enterprise Technology Integration
The Kingdom of Morocco started diplomatic relations with Japan just after independence from France in 1956. Today, Japanese companies in the automotive industry are the largest foreign employers in the country. Islam is the primary religion, and the population of 37 million is headed by King Mohammed VI under the motto “God, the People and the King.”
Ministry of Industry and Trade – Morocco 123,787 followers 25m • Edited • 25 minutes … Continue reading: Japan Seeks New Trade and Business Relation with Morocco
Two items that the Moroccan ambassador often gives as gifts are Japanese fans and tea sets.
駐日モロッコ大使リチャード・ブフラール氏の公邸は、東京・市谷の小高い丘の上にある。そこは高級感ある集合住宅で、公邸がある階でエレベーターを降りると、エレベーターホールには調度品や独特のお香の香りが漂い、まるでモロッコに来たかのような錯覚を覚える。
大使は日本をより深く理解したいと願い、”本物”の日本を経験するため日本中を旅している。2016年に任命されて以来、日本の半分以上の都道府県を訪れている。
彼は日本の物からたくさんの気づきを得るという。例えば、日本の急須の持ち手。それが注ぎ口の真向かいではなく、急須の側面に配置されていることを指摘する。「ティーポットの持ち手が横に、特定の角度で付いている。このようなディテールには、使い手が便利に使うことができるということだけでなく、製品をデザイン的に完璧なものに近づけるため改善や探求を常にしていることがわかる。私は、日本人の日常生活の中にある細部への関心、継続的な改善への探求、そんな伝統的な日本の職人技を支える考え方に共感を覚えます」。
Transparent Defense […]
China Global Affairs Japan USA
Transparent Defense Alliance and Collaborative Arm Race to Prevent Guilt by Association and through Partnership to Control the Air and the seas: Talk Peace and Prepare for War
Japan is still in the making trying to recover from the downturn of the 1990’s.
As we say in French, Japan is still inside of the Mill: “On n’est pas encore sorti du moulin”
Japan still carries the dust of the past and the international environment and the regional geostrategic challenges are also adding more dust on the horizon of the Japanese Sun that instead of being a Rising Sun, it is just trying to shed light on its own lands and operations.
In response to the current global security climate, Japan is formulating a new national security strategy and updating policies that will boost defense spending. Kishida noted that this will open the doors for further cooperation with Japan’s allies and international partners.
Best of Good Luck to Japan and its Valeureux – Brave People
Best wishes of success.
Defense Dept. photo
On Nov. 25, 2022, a Chinese coast guard vessel equipped with the largest cannon ever seen on such a vessel entered Japanese territorial waters near the Senkaku Islands in the East China Sea. Two ships entered Japanese territorial waters around 2:35 a.m. Friday. M Around 10 am, two more arrived, one with a 76 mm gun. A total of four Chinese Coast Guard vessels, including the vessel, were discovered in waters off uninhabited islands controlled by Tokyo that are also claimed by Beijing, the Japanese Coast Guard said. The latest incident came just days after Prime Minister Fumio Kishida and Chinese President Xi Jinping held their first summit since 2019.
In October 2022, North Korea launches a nuclear-capable ballistic missile at Japan, triggering evacuation alerts for Japanese citizens. The event was one of five missile tests conducted by Pyongyang over a 10-day period, a week after the United States, South Korea and Japan conducted joint military exercises in the region. China also sends its ships to pass between the island of Japan and the region around Taiwan.
Japan has been strengthening cooperation with NATO for just over a decade to discuss common security challenges and strengthen defense cooperation. The country took part in a NATO summit for the first time when Japanese Prime Minister Fumio Kishida attended the Alliance 2022 event in Madrid.
“As the international community stands at a crossroads in history, the participation of NATO’s Asia-Pacific partners, including Japan, in the NATO Summit expresses the realization that the security of Europe and of the Indo-Pacific is inseparable,” Kishida said during a speech at the summit.
Kishida signaled that Japan is looking to deepen its relationship with NATO further as a result of Russia’s invasion of Ukraine and ongoing challenges in the Indo-Pacific.
The emergence of virtual and cyber space as contested environments creates new opportunities for cooperation between Japan and NATO members. Technological sectors where collaboration can be asynchronous beyond the limitations and challenges imposed by a single geographical distance.
In response to the current global security climate, Japan is formulating a new national security strategy and updating policies that will boost defense spending. Kishida noted that this will open the doors for further cooperation with Japan’s allies and international partners.
Japan’s Defense Ministry requested more than $40 billion for the fiscal year 2023 budget, the largest amount in the country’s history. The order had more than 100 wish list items, but there were no specific funding amounts. These numbers will come after the doctrine is published, according to budget documents.
The order identified seven main areas of defense modernization priorities: stand-off defense, air and missile defense, unmanned vehicles, inter-domain operations, command and control, logistics, and sustainment capabilities.
The technologies are not dissimilar to some of the high-visibility NATO projects currently being developed by member and partner countries, including multinational command and control systems, multi-mission seaplanes, unmanned warships for the removal of mines, tracking submarines and a land-based modular system. air defense system.
Japan has been trying to achieve interoperability with NATO in recent years. For example, the country participated in the committee charged with promoting arms cooperation called the Conference of National Arms Managers, said Liviu Lazare, NATO’s industrial relations coordinator.
Since the organization is responsible for joint capability requirements for systems across the Alliance, Lazar said during the event, “the organization is an essential tool for achieving interoperability of NATO forces.” It also allows partner countries, such as Japan, to collaborate on research teams and projects.
Therefore, this transnational alliance in defense building will also require the training and combination of the respective air forces of the UK, Italy, Japan and now with India as the next partner for this global appeal against poverty once it is launched. the fighter jet has flown across the Pacific and joined. the Mediterranean and the North Sea in the Atlantic Ocean.
Speaking of the Atlantic, what is Japan’s position regarding the capabilities and scope of the NATO air force?
The Next Step Toward NATO is Collaboration with Its Members
Britain and Japan have been building a defense relationship for a while.
That work resulted last December in the two sides agreeing to develop a fighter jet engine demonstrator. The UK MoD is also supporting Japan in the delivery of their Joint New Air-to-Air Missile (JNAAM) program.
Dec 10, 2022 — Through the Global Combat Air Program, United Kingdom and Italy are in collaboration with Japan in a project aimed jointly at building a next-generation stealth jet fighter by 2035.
Japan, UK & Italy to build fighter jet together – YouTube
British Prime Minister Rishi Sunak said in a statement providing security for Britain with programs like GCAP was vital. Mr. Sunak declared that: “We need to stay at the cutting-edge of advancements in defence technology – outpacing and out-maneuvering those who seek to do us harm. The international partnership we have announced today with Italy and Japan aims to do just that, underlining that the security of the Euro-Atlantic and Indo-Pacific regions are indivisible.”
Britain and Italy have previously collaborated in early development work on their own future combat air project, while Japan has been pursuing its next-generation F-X program.
If Global Combat Air Programme (GCAP) goes ahead it will be the biggest Japanese-European defense cooperation program ever undertaken.
For the moment there is no mention of whether Sweden remains interested in joining the program.
The three governments said that GCAP will “deepen our defense cooperation, science and technology collaboration, integrated supply chains, and further strengthen” the shared defense industrial base. “Importantly, the program will support the sovereign capability of all three countries to design, deliver and upgrade cutting-edge combat air capabilities, well into the future,” said the statement.
U.S.-JAPAN-RELATIONS-IN-AN-ERA-OF-ECONOMIC-STATECRAFT-NOV-2022
Bibliographical Notes:
China warns Australia to ‘be careful’ of Japan – January 10, 2023
Move over, Tempest: Japan pact takes UK-Italy fighter plan ‘global’ – December 9, 2022
UK, Italy and Japan team up for new fighter jet – BBC News – December 9, 2022
Japan Seeks Deeper Defense Ties with NATO – December 6, 2022
Request for […]
Request for Proposal
Said El Mansour Cherkaoui – Aug 30, 2022
The cornerstone (or foundation stone or setting stone) is the first stone set in the construction of a masonry foundation. All other stones will be set in reference to this stone, thus determining the position of the entire structure.
In research and preparation of responses to proposals or developing reports as well as in building strategy, whatever the domain or the fields of application, beware of the small requests included in filigree within the text.
What looks for you as a Miniscule Pill, it can be a fundamental piece for the existence of an entire interrelated and interconnected structure.
One grain of dust can stop an entire robotic mechanism or and an artificially intelligent machine
Never underestimate a piece or a stone, it can be the most important one in the edifice and the angular stone on which all is sustained.
Never underestimate a small torn, it can stop a Lion from walking or running once it is planted under its feet and make the Monkey to ridiculise the Lion without being caught.
S A L E S P L A N N I N G
1. Focus on the Customer:
Your sales proposal is customer-centered. It defines the business opportunity, current situation, financial impact, and the buyer’s needs and objectives.
2. Practice Consultative Sales:
A compelling proposal results from a consultative sales process. Avoid “boilerplate” proposals or proposals that read like poorly written brochures.
3. Define the Application:
Your sales proposal explains how your product or service will work in the buyer’s business. By defining the application, you answer many questions for the buyer and provide the information needed to make an informed buying decision—a function of consultative selling.
4. Calculate Benefits–Buyer Value:
Your proposal measures how your product or service will make or save money for each buyer—the financial benefits. This provides compelling financial reasons to make a change—another function of consultative selling.
5. Show Non-financial Benefits – Buyer Value:
Your proposal converts your product’s benefits or service’s capabilities into buyer-specific benefits. These are the benefits that are not easy measured in monetary terms—another function of consultative selling.
6. Describe the Implementation:
Be specific by including methodology, schedule, and the staff required to implement the solution. This reduces your buyer’s perceived risk and answers How? How long? and Who?
7. Include Pertinent Seller Information:
Your sales proposal assures the buyer that your organization can deliver on the contract. It includes a company profile that differentiates your company from the competition.
8. Highlight Business Information More Than Technical Information:
Buyers make decisions on business information, so your proposal should not overwhelm readers with the technology. Your sales force understands that the buyer wants to know how the technology will improve his business not why your new widget will make his network run faster.
9. Develop Proposal Standards:
Develop proposal standards and models. Proposals that win the big deal do not read like a hodgepodge of ideas and writing styles. Proposal models reinforce your consultative sales process and help your sales professionals think and write clearly.
10. Represent Your Company’s Quality Standards:
Understand that your sales proposal is a critical customer communication. Spend the time and effort needed on the content, design, and packaging to produce a “benchmark’ proposal for your buyers.
Further indications or inquiries for business relationship, contact us:
Best wishes of success
Said El Mansour Cherkaoui @ Tate Yoko Research Institute – TRI
By Saundra […]
Fintech High Tech Startup USAFintech deal was a fraud
Change & Con-tinuation
Fintech Fake Frank Financial
By Saundra Latham, Editor at LinkedIn News
Updated 2 hours ago
JPMorgan is suing the leaders of Frank, a college-lending startup it bought in 2021 for US$175 million. The bank shut down Frank’s website Thursday and alleges that Frank fabricated millions of customer accounts to help ensure the deal closed. JPMorgan says it expected Frank to have more than 4 million customers, but discovered the company actually had “fewer than 300,000” when it began sending marketing emails, 70% of which bounced back.
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JPMorgan Chase & Co. is suing the young founder of Frank Financial, a buzzy fintech startup it acquired for $175M. Frank allegedly lied about its scale and success by creating an enormous list of 4 million fake users to entice JP Morgan to buy it.
The founder’s lofty goals to build the startup into “an Amazon for higher education” won support from billionaire Marc Rowan and prominent venture backers including Aleph, Chegg Inc., Reach Capital, GingerBread Capital and SWAT Equity Partners.
Congress had sounded alarms about Frank well before JP Morgan bought it, calling on the FTC to investigate its “deceptive practices.”
The founder is also suing JP Morgan, alleging JP denied her millions in compensation that she was owed. Read the Forbes story from me and Iain Martin here: https://bit.ly/3QC2jbF
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31m
Wasn’t JP the last bank rocking with Bernie Madoff too? 😬
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18m
We are at a point in time where this target market (college-age students) does not use email as its primary communication tool. It’s not uncommon for someone of that age to acquire a “new” email address that their college owns, and abandon the old one (it only ever got SPAM anyway). Of the 70% bounces, I wonder how many were “hard” bounces (email cannot be delivered for a permanent reason, such as it doesn’t exist) or a soft temporary one (mailbox full etc.). JP Morgan got 4 million email addresses, did they get cell phone numbers with text? Twitter handles? TikTok accounts? Snapchat?
Frank Financial may have been mis-leading, I guess we will find out. But if JP Morgan is looking for the value in this transaction, they may be looking in the wrong place.
…see more
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13m
Did you read the story? They have the smoking gun.
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JPMorgan Chase on Thursday shut down the website for a college financial aid platform it bought for $175 million , CNBC reported.
The country’s biggest bank acquired startup Frank in Sept. 2021 to help it deepen relationships with college students, a key demographic, a Chase executive told CNBC at the time.
Months after the transaction closed, JPMorgan said it learned the truth after sending out marketing emails to a batch of 400,000 Frank customers.
About 70% of the emails bounced back, the bank said in a lawsuit filed last month in federal court.
#startups #banks #mergersandacquisitions
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2h
Fake it until you make it has major risks once the deceit is uncovered.
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25m
“Fake it til you make it” is so on-brand.
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1h
So…they didn’t do any IT due diligence. Hmm.
<– This, is my shocked face.
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Integrity is the most important trait no matter in which industry. Any knowledge may turn into a weapon harming others if we use it at the wrong place. As data scientists, we are so close to data, we play data but we can’t play people with data.
In response to
JPMorgan bought a fraud. How many more are lurking out there?
JPMorgan Chase & Co., the largest bank in America and, presumably, a fairly sophisticated counterparty, bought student financial aid startup Frank in 2021 for $175 million.
Frank boasted it had 4.25 million users, which, no doubt, Chase was eager to began courting as potential customers for checking accounts, credit cards and the like — winning potentially life-long customers at low(er) cost early in their earning-and-spending adult years.
Only, Frank (allegedly) didn’t really have 4.25 million users, but rather fewer than 300,000.
Chase is arguing in a lawsuit (linked in comments👇) that Frank executives Charlie J. (Charlie Javice) and Olivier Amar hired a data scientist to generate accounts with fake information to make it LOOK like the company had more users than it really did.
The suit also alleges Frank bought records on high school seniors from data broker ASL Marketing for the purposes of falsely inflating Frank’s user numbers.
🤔 So what?
If JPMorgan Chase – a giant bank worth $400+ billion – got tricked by a tiny startup because it skimped on due diligence… how more of these frauds do you think are out there, waiting to be found out?
“Vanity metrics” — particularly counts of loosely defined “users,” but also creative accounting metrics — exploded in popularity just as due diligence fell by the way side in the deal making frenzy of 2020/2021.
Anyone involved in M&A (or acquiring assets in the coming wave of bankruptcies) would be advise to come to the table with a healthy dose of skepticism!
#fintech #fintechnews #mergersandacquisitions
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I really can’t fathom this story. The due diligence required to expose this is minimal. Only 1 in 10 were real (according to this report) so even a random sample of 100 users would throw plenty of red flags. And then there are the financial metrics. 300k users generate quite a different amount to 4m.
Plus complaints had already been raised against Frank suggesting that their product didn’t even help with the student loans/grants it claimed to make easier. Again so many publicly available flags that you could find with a quick google.
They discovered the fraud when they sent out a marketing email and got terrible results. They could have done that as part of the due diligence.
In response to
JPMorgan bought a fraud. How many more are lurking out there?
JPMorgan Chase & Co., the largest bank in America and, presumably, a fairly sophisticated counterparty, bought student financial aid startup Frank in 2021 for $175 million.
Frank boasted it had 4.25 million users, which, no doubt, Chase was eager to began courting as potential customers for checking accounts, credit cards and the like — winning potentially life-long customers at low(er) cost early in their earning-and-spending adult years.
Only, Frank (allegedly) didn’t really have 4.25 million users, but rather fewer than 300,000.
Chase is arguing in a lawsuit (linked in comments👇) that Frank executives Charlie J. (Charlie Javice) and Olivier Amar hired a data scientist to generate accounts with fake information to make it LOOK like the company had more users than it really did.
The suit also alleges Frank bought records on high school seniors from data broker ASL Marketing for the purposes of falsely inflating Frank’s user numbers.
🤔 So what?
If JPMorgan Chase – a giant bank worth $400+ billion – got tricked by a tiny startup because it skimped on due diligence… how more of these frauds do you think are out there, waiting to be found out?
“Vanity metrics” — particularly counts of loosely defined “users,” but also creative accounting metrics — exploded in popularity just as due diligence fell by the way side in the deal making frenzy of 2020/2021.
Anyone involved in M&A (or acquiring assets in the coming wave of bankruptcies) would be advise to come to the table with a healthy dose of skepticism!
#fintech #fintechnews #mergersandacquisitions
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7h
From the suit, it sounds like JPMC didn’t realize this **until they ran a live marketing campaign!!!** Which is crazy.
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7h
I know, it’s ridiculous!
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The parallels with “fake it till you make it” Elizabeth Holmes of Theranos fame are uncanny! Got to love the strategy of simply making up a new mailing list! Talk about devious!
Jail would be a fitting punishment. Perhaps in a nice white-collar facility with Holmes in the next cell?
In response to
💥💥💥 JPMorgan Chase & Co. Says Startup Founder Used Millions Of Fake Customers To Dupe It Into An Acquisition.
JPMorgan Chase is suing the 30-year-old founder of Frank Financial, a fintech startup it acquired for $175 million, for allegedly lying about its scale and success by creating an enormous list of fake users to entice the financial giant to buy it.
The lawsuit, which was filed late last year in U.S. District Court in Delaware, claims that Javice pitched JP Morgan in 2021 on the “lie” that more than 4 million users had signed up to use Frank’s tools to apply for federal aid. When JP Morgan asked for proof during due diligence, Javice allegedly created an enormous roster of “fake customers – a list of names, addresses, dates of birth, and other personal information for 4.265 million ‘students’ who did not actually exist.” In reality, according to the suit, Frank had fewer than 300,000 customer accounts at that time.
“Javice first pushed back on JPMC’s request, arguing that she could not share her customer list due to privacy concerns,” the complaint continues. “After JPMC insisted, Javice chose to invent several million Frank customer accounts out of whole cloth.” The complaint includes screenshots of presentations Javice gave to JP Morgan illustrating Frank’s growth and claiming it had more than 4 million customers.
Once the deal went through, JP Morgan asked Frank for its customer list so the bank could begin marketing its products and services to those students, the suit says. Javice sent over a list of data derived from ASL Marketing and another third-party vendor, Enformion, according to the suit. When JP Morgan sent test marketing emails to what it thought were 400,000 Frank customers, the results “were disastrous,” it claims. Only about a quarter of the emails were delivered, and of those, just 1 percent were opened, the suit alleges. As a result of the “unusually poor returns” from that campaign, JP Morgan revisited what it thought it knew about Frank and discovered what it now claims to be fake lists.
Javice’s complaint against JP Morgan said the bank failed to “harness Ms. Javice and Frank’s acumen for attracting a young, diverse new audience to Chase’s services” and instead pursued “poorly conceived business plans” focused on “Frank’s historical customers.”
Link to JPM filing in comment below.
This is an extreme, I wrote few times about neobanks / challenger banks that are claiming thousands, millions of customers that these numbers are to be taken with some caution… Between downloads, accounts completed, accounts funded, accounts active, there is a huge gap… I already live this situation back in 2000 when I saw a Tier 1 EU Bank acquiring an online broker that created a fake customer base and simulating incoming calls from clients when the buyer was visiting the call center… We acquired the online broker ultimately end of 2001. Seems really like we’re back in 2001…
Efi Pylarinou Marcel van Oost Jason Mikula
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48m
Richard Turrin or Trump, Adam Neumann, Bernie Madoff,…any of the MUCH longer list of male CEO fraudsters.
Let’s not turn this into a sexist moment please.
There is no other logical reason to compare her to Elizabeth Holmes.
…see more
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Fintech Advisor, Consultant, Speaker | Fmr Goldman Sachs, US Peace Corps Vol.
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JPMorgan bought a fraud. How many more are lurking out there?
JPMorgan Chase & Co., the largest bank in America and, presumably, a fairly sophisticated counterparty, bought student financial aid startup Frank in 2021 for $175 million.
Frank boasted it had 4.25 million users, which, no doubt, Chase was eager to began courting as potential customers for checking accounts, credit cards and the like — winning potentially life-long customers at low(er) cost early in their earning-and-spending adult years.
Only, Frank (allegedly) didn’t really have 4.25 million users, but rather fewer than 300,000.
Chase is arguing in a lawsuit (linked in comments👇) that Frank executives Charlie J. (Charlie Javice) and Olivier Amar hired a data scientist to generate accounts with fake information to make it LOOK like the company had more users than it really did.
The suit also alleges Frank bought records on high school seniors from data broker ASL Marketing for the purposes of falsely inflating Frank’s user numbers.
🤔 So what?
If JPMorgan Chase – a giant bank worth $400+ billion – got tricked by a tiny startup because it skimped on due diligence… how more of these frauds do you think are out there, waiting to be found out?
“Vanity metrics” — particularly counts of loosely defined “users,” but also creative accounting metrics — exploded in popularity just as due diligence fell by the way side in the deal making frenzy of 2020/2021.
Anyone involved in M&A (or acquiring assets in the coming wave of bankruptcies) would be advise to come to the table with a healthy dose of skepticism!
#fintech #fintechnews #mergersandacquisitions
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7h
I really can’t fathom this story. The due diligence required to expose this is minimal. Only 1 in 10 were real (according to this report) so even a random sample of 100 users would throw plenty of red flags. And then there are the financial metrics. 300k users generate quite a different amount to 4m.
Plus complaints had already been raised against Frank suggesting that their product didn’t even help with the student loans/grants it claimed to make easier. Again so many publicly available flags that you could find with a quick google.
They discovered the fraud when they sent out a marketing email and got terrible results. They could have done that as part of the due diligence.
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7h
From the suit, it sounds like JPMC didn’t realize this **until they ran a live marketing campaign!!!** Which is crazy.
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7h
I know, it’s ridiculous!
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It increasingly appears the buzzy “30 under 30” and “40 under 40” lists have a bad habit of promoting people later accused or convicted of fraud…
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Founder & CEO, HooLiv || Successful Exit from AllizHealth
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Just when you think you have seen it all.. 😁
JPMorgan Chase & Co. is suing the founder of Frank, a student loan software startup it bought for $175M, for allegedly lying about scale by creating 4M+ fake users…
Now here’s what is amazing:
a) The Developers at the startup refused to create the fake accounts.
b) The founders outsource the creation to a professor at New York City area college.
c) The Profesor not only creates fake users but actually issues an invoice for the work.
d) The company went ahead to honor that invoice and paid the professor $18,000..
And all this for some reason (am guessing since the founder was a Forbes 30 under 30) was missed during the due diligence by JPM… 😊
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8h(edited)
” Expect the unexpected “
From this situation, we can learn several lessons:
The importance of thorough due diligence before making a business acquisition.
The dangers of creating fake users or inflating metrics in order to deceive potential investors or buyers.
The importance of ethics and integrity in business, as the developers in this situation refused to create fake accounts.
The importance of clear communication and transparency within a company, as the founders allegedly outsourced the creation of fake users without informing the rest of the team.
The importance of monitoring and tracking the performance of a business post-acquisition, in order to identify any discrepancies or issues that may have been missed during the due diligence process.
The importance of verifying all the data and information given by the founder or the team during the due diligence process.
It is also important to note that these are just allegations in the lawsuit, and we do not have all the information about the case.
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8h
Due diligence is a huge gray area when ‘cult of the wall street or silicon valley founder’ takes precedence over everything. Remember – Elizabeth Holmes or the Altruist Bahamas boy SBF 😜…one created tests out of thin air and other gave away billions!
Apparently the founder, Javice filed in her 30 under 30 submission that the biggest hurdle she faced was “scale” and then subsequently when asked in the Forbes 30 Under 30 submission the worst advice she ever received, Javice answered: “Be patient.”
Strangely, Jamie Dimon the storied CEO JPMorgan Chase & Co. is silent and more importantly upbeat about robust business growth – if only he focussed more on the practices!
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Should the allegations be proven in court, this is a reminder that just about anyone/any company can be defrauded given the right circumstances. That said, it will be interesting to see what the totality of those circumstances were and was due diligence a part of that equation 👇
👉 In a lawsuit filed in the U.S. District Court of Delaware, the bank said Charlie Javice, the founder of the startup Frank, told the bank that more than 4.25 million students created accounts with the app to apply for federal student aid.
👉👉👉 “Javice used ‘synthetic data’ techniques to create a list of 4.265 million fake customers – a list of names, addresses, dates of birth, and other personal information for 4.265 million ‘students’ who did not actually exist. In reality, Frank was nearly 4 million short of its representations,” said the bank.
👉 👉👉 The bank bought Frank for $175 million in a deal that closed in Sept. 2021. The bank now says Frank had fewer than 300,000 customer accounts, as of July 31, 2021.
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8h
Wow 😮
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I just wrote about this tenet this week:
7. Don’t Believe the Hype. Headline Valuations & Vanity Metrics are Compensating For Something Else.
JP Morgan paid $175 million for a FinTech platform. It did not even take the time to check if the users were real.
Forbes covered this founder numerous times (40 under 40 Forbes). Her Twitter account does not exist anymore. She was a Bumble spotlight. This list goes on.
There is a moral hazard in the industry incentivized by cheap money and fueled by a toxic “fake it till you make it” culture amongst startups. To say the market needed a correction is an understatement.
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4h
There is *so much* of this in the startup world. It makes it really hard for honest founders to compete for VC dollars because investors are used to crazy, unrealistic and sometimes impossibly inflated vanity metrics. Since VCs are in the business of making money, as long as the founder is charismatic and they feel that they will be able to raise another round, it’s not always in their best interest to really investigate something like this until it hits the fan during an exit or another major event (cough cough, FTX, cough cough.)
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2h
When you undervalue due diligence as an investor!
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At some point, VCs will need to be held accountable for their truly ridiculously overestimated valuations based on nonexistent due diligence.
Those who have a strategy of simply following VCs and assuming their diligence is sufficient – well, you get what you get, and you don’t get upset.
Also, this just emphasizes how much bias is in this process. If 4-6% of VC funding goes to women and PoC, and VCs are doing cursory diligence at best – what are all those rejections based on, do we think? 🤔
#VC #funding #strategy #bias #women #PoC #DEI #duediligence #paradigm #jpmorgan #Frank
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I expect this will be a landmark case for how tech companies represent their products to investors … (ahem ahem cybersecurity industry.) https://lnkd.in/enykbaQs.
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19h
Lol. You gotta laugh 😃
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I think more concerning is this wasn’t picked up as part of the due diligence process… if they miss this as part of the due diligence for deals they own, imagine what is being missed as part of the underwriting for IPOs.
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Whoever at JPM pushed for this purchase should get the chance to donate their salaries back to the firm, for long enough to pay back the loss. This will serve as a lesson to others about due diligence. (And it might expose some highly overpaid people.)
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The Wall Street Journal’s post
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3h
A bit harsh, Brian? Fraud is not easy to detect. Sure, someone dropped the ball here. Life will go on . . .
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Creating infinite possibilities across the globe
This is the thought of each and every one of the TRI staff.
While society and companies are strongly demanding the creation of innovation, we will meet the expectations of our clients from a new perspective.
Due to the progress of digitalization, there is a need to implement more accurate responses in a timely manner in a business environment that has changed significantly and diversified.
Under these advanced circumstances, in addition to providing core systems to regional financial institutions, we provide services that contribute to improve client profitability and operational efficiency, such as marketing data analysis systems based on the knowledge of data scientists.
Tate Yoko Research Institute in addition of providing high-value-added system solutions from the client’s perspective, we also support a wide range of operations, thereby contributing to strengthening the competitiveness of our clients’ businesses.
In Oakland California and for the rest of the United States, Said El Mansour Cherkaoui represents Tate Yoko Research Institute – Tri, a Japanese consulting boutique that is well established as a prestigious renowned consulting firm in Japan, in the rest of Asia and the United States.
Tate Yoko Research Institute – TRI was founded in 2006 by former Presidents and Directors of the most prestigious Japanese companies, including SUMITOMO, MITSUBISHI ELECTRIC, and other Japanese companies.
The founders of the Tate Yoko Research Institute are former CEOs and Executive Directors and Presidents of the largest Japanese companies, Research Centers and were also members of think tanks for reflection and innovation on the technological and operational management of international companies and research and development centers.
The Tate Yoko Research Institute website is written in English with a short presentation in French and a Japanese version, all of which exist in this link:
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Indeed, Tate Yoko Research Institute is a firm recognized in Japan, Asia and the United States for its innovations and its commitments in the sectors of activity necessary for the proper functioning of private organizations, public institutions and social fields.
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China Doing Business in China USAThe new foreign policy consensus in Washington rejects American internationalism at precisely the time when it is needed most to define more accurate and less expansionist diplomatic approaches to the challenges and the rise of nationalism and seclusion in Europe, military coups and internal rifts and wars in Africa , instability and inter-confessional confrontation in the Middle East, expansionism and rivalry in Southeast Asia, institutional uncertainty, economic downturn, ethnic rejection along immigration and refugee around the globe, argues Dr. Said El Mansour Cherkaoui in Global Affairs, Business and Trade Magazine .
When Mao died in 1976, a fraction of the Chinese Communist Party, led by Deng Xiaoping, undertook to reform the economy. Observing the extraordinary economic development of its neighbor, South Korea, Deng Xiaoping decided to liberalize the Chinese economy while preserving the communist political framework: it is the “socialist market economy”. As he himself says in an aphorism: “It doesn’t matter whether the cat is black or white, as long as it catches mice!” Deng, on the other hand, undertakes a double liberalization with the end of the all-state within and the beginnings of openness to the outside (…)
“There is no need to fear the proliferation of foreign companies, as long as you keep your cool. We indeed have our intrinsic superiority, as well as our large and medium-sized state enterprises, our rural enterprises, and above all…
the power is in our hands. Foreign businessmen want to earn money. The state, for its part, derives tax revenue from it, the workers their wages, and, moreover, we can learn about technology and management, derive information from it, and open up new markets.
Plan and market are only processes. The essence of socialism is the liberation and development of the forces of production, the abolition of exploitation, ultimately leading to common prosperity. This is a truth that must be imposed on everyone. Is the stock market, for example, beneficial or dangerous, is it specific to capitalism, or does it have its place in a socialist system? It is not a forbidden fruit, but it must be experienced resolutely. If it works, it can be extended after one or two years. […à In a word, if we want to bring out the superiority of socialism over capitalism, it is necessary to absorb, to borrow boldly every element of civilization created by human societies, all modes of organization and performance management specific to each nation in the world today, including in developed capitalist countries. »
Source: THE TESTAMENT OF DENG XIAOPING, François Lenglet, published on
China thus carried out, in the space of a single generation (thirty years), its “industrial revolution”, this phase of economic take-off that Europe and America had known a century and a half earlier and which had required , in these regions, two or three times longer. Everything in China happened much more quickly: the transfer from agriculture to industry, from the countryside to the cities, the emergence of a middle class and the beginnings of mass consumption. Production has thus increased on average by nearly 10% per year. It has been multiplied by seven in thirty years. Never seen.
Never in economic history has such a large country experienced such strong growth for such a long period. That said, despite its billionaires, its boomtowns and its appetite for Western luxury, China is at the beginning of the 21st century a rich country populated by poor people, a young country but with an aging population even before it has become rich. Number two, behind the United States, by its total gross domestic product, it is at the bottom of the ranking, not far from the 100th place , if we take into account the gross domestic product per capita – a more relevant indicator the standard of living of the population. (…)
To maintain its rank, as suggested by the XII th Plan, China must now move from growth fueled by exports, investment and copying to growth based on household consumption, services and innovation. “Communist”, China actually needs a double revolution: “socialist”, with the establishment of a welfare state, and “liberal”, with the establishment of the rule of law, the development real checks and balances and the promotion of the spirit of initiative. The Party and the State say they are working on it. This is, for example, the objective of the project aimed at ensuring minimum protection for all citizens in terms of health, unemployment or retirement. It is also the one sought after with the effort put into high-level education and training. At the end of 1978, the aeronautical company Boeing announces the sale of several 747 planes to airlines in the PRC, and the beverage company Coca-Cola announces its intention to open a production plant in Shanghai. From 1979 the liberal-inspired economic reforms accelerated, although the communist-style rhetoric was retained. The commune system was gradually dismantled and the peasants began to have more freedom to manage the land they cultivated and to sell their products on the markets. At the same time, the Chinese economy is opening up to the outside. 1 although communist-style rhetoric is retained. The commune system was gradually dismantled and the peasants began to have more freedom to manage the land they cultivated and to sell their products on the markets. At the same time, the Chinese economy is opening up to the outside. 1 although communist-style rhetoric is retained. The commune system was gradually dismantled and the peasants began to have more freedom to manage the land they cultivated and to sell their products on the markets. At the same time, the Chinese economy is opening up to the outside. 1January 1 , 1979, the United States diplomatically recognized the People’s Republic of China, abandoning the authorities of Taiwan. Commercial contacts between China and the West are beginning to develop.
• The countryside is de-collectivized: each peasant now produces in his own interest. openness to trade and the influx of international capital (50% of which comes from the Chinese in Hong Kong, Singapore and Taiwan), China can finally bring its comparative advantage into play major: a large, disciplined and cheap workforce (“workshop country”). From then on, industrial establishments multiplied, half-Chinese, half-foreign: Bell telecommunications factory (United States) in Shanghai, Jeep automobile factories (United States) in Beijing (Beijing), Volkswagen (FRG) in Shanghai, Peugeot (France) in Guangzhou, etc.
Deng Xiaoping. the economic reforms launched which resulted in an unprecedented acceleration of economic growth and foreign investment in China during the 1990s. Deng’s policies lifted hundreds of millions of Chinese relatively speaking out of poverty. China is today, overall, an intermediate country , far from extreme poverty. Its HDI (0.745) places it 94th in the world (out of 177 countries). Its GDP PPP amounts to 4,580 dollars per inhabitant, in constant progress. However, such figures are only averages: for the rural population, they are considerably lower. In some respects, the China of the 2000s remains a poor country.
For the past twenty years, however, China has been progressing very rapidly . It is even the country in the world where economic growth is the strongest. GDP thus increased by 8.2% per year between 1975 and 2002 and by 8.6% per year between 1990 and 2002, i.e. a multiplication by 2.5 in 12 years, by almost 8 in 27 years! No other country can boast of such economic development which has placed the republic on the path which today makes it the second power in the world.
Dr. Said El Mansour Cherkaoui
cherkaouijournal.com and Said El Mansour Cherkaoui by Dr. Said El Mansour Cherkaoui is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License .
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The International Economic Dynamics / Geopolitical Dynamics of today impose to the African, Asian and Latin American Nations the imperative to build their own regional integration as we say, “Together we rise, alone we Fall”.
Present Geopolitical Dynamics have validated this adage given: the ones who have the capacity to face outside challenges, conjunctural disruptive values and inconsistencies are the economies that are part of alliances and partnership with other countries.
This is less geopolitical dynamics, but a reversal of fortune for a Model of Development that the reason of its existence was to correct the consequences of colonialism by the setting of financial, trade and socio-political representative international organizations leading the regulation and the transfer of value from the newly independent economies toward the former metropolitan colonial nations and the United States.
This model became even contrary to the national interests of its own founders. One example is the current subsidies invested directly by the U.S. government in the semiconductor industry.
Joe Biden had proposed at the start of the discussions to Vladimir Putin for more “predictable” relations between the United States and Russia, believing that “two great powers” had to manage their disagreements in a “rational” way, explained the American president, for his part. start of discussion.
The direct and indirect military interventions of Russia in the Middle East, Africa and Central Asia have left their mark on the national and international geopolitical definitions henceforth identified in Putin’s Russia. The other important aspect for Russia is NATO’s push towards the East and the integration of countries that were formerly satellites of the Soviet Union into the fold of this Western military body.
Russian President Putin had often raised this question of the encirclement of Russia by NATO and especially what Ukraine should be considered in terms of relations between the European Union and Russia, including the possible accession of the Ukraine to NATO. Such accessions remain for the Kremlin a direct threat to their regional and national geo-strategic interests given the geographical location of Ukraine, Crimea in relation to access to the Mediterranean and especially the fact that Russia shares with the Ukraine a common border of more than 2000 km.
Ukraine as a neighbor who according to Moscow should remain neutral.
“Did the West give assurances to Gorbachev that the Atlantic Alliance would not expand to the East?
This question has been agitating minds, both in the East and in the West, for twenty years. It has experienced a new revival of interest with the recent publication of a study, much requested and commented on, by the American historian, Mark Kramer, entitled The Myth of a promise of non-enlargement of NATO [1] [1] Mark Kramer, “The Myth of a No-nato-Enlargement Pledge to… .
As inferred from the title, the author seeks to demonstrate that the documents, which he describes as “declassified”, prove that there was no promise made to Gorbachev regarding future non-enlargement. NATO in the East and that the argument that there was such an engagement is therefore manifestly false.
2Mark Kramer’s argument leads us to question ourselves. Contrary to what he asserts, it is not a question on his part of a discovery of new documents nor of formerly secret sources which would put an end to the debate. What is particular in this debate on the – possible – promises made to Gorbachev is that the proponents as well as the opponents of the thesis of a promise of non-enlargement base themselves on precisely the same texts, published, and published exactly in the same form, in the numerous memoirs of the participants, in the collections of documents, and in the serious studies on the period concerned. At most, Kramer demonstrates that there are no sources – or at least he did not find any or he does not mention them – other than those previously known to support the claim. position of one side or the other.”
From this perspective, in contrast to Barack Obama who had called Russia a “regional power,” Biden said that as “two great powers” … “we are trying to figure out where we have common interests and where we can cooperate. And when they don’t, establish a predictable and rational way to handle our disagreements.
This consecration of President Putin confirms his status as a veteran of internationalized politics and diplomacy over the previous two decades. Indeed, the Russian president can put forward his long experience as a “survivor” in these maze since since the end of 1999, the year of his coming to power, he has already rubbed shoulders with four other American presidents, not to mention the other leaders of by the world, many of whom have since been sidelined.
However, such an “elevation of Russia” remains inappropriate for Republican Senator Lindsey Graham considering that the remarks of the American president Biden were “troubling”.
by Said El Mansour Cherkaoui – Network of Public Media
by Said El Mansour Cherkaoui – Network of Public Media
“I think President Biden misjudged who he was dealing with,” he tweeted.
Lindsey Graham@LindseyGrahamSC
“The leaders of Russia and China are beyond shame. They will only respond to pressure. If you don’t understand that, you don’t understand the dynamic that America faces regarding Russia and China.” 11:14 AM Jun 16, 2021
Political labeling in no way changes the ideological content of the product or the method used to maintain the advantage acquired in the field of merchants and customers (example of Pepsi in the USSR).
Business Politics remains the foundation of geo-strategic negotiation. The military file and the consolidation of regional positions around the poles and regions considered to be sensitive are the subject of controversy, agreements or sharing of control in order to regulate and manage and preserve the areas of influence already acquired while presenting themselves as the protector of the interests of the allied governments against any external threat.
The United States have often demonstrated their ability to negotiate and find ways to guarantee their income and profits, beyond geo-political or territorial or even ideological considerations. This strategic preeminence is financial, market, economic and institutional.
On the international financial level, despite its vacillation, the Dollar remains the currency of exchange and recognition in international transactions, including those hidden and illegal in the terms of exchange and transfer of value.
China is not invited either in the speech, or in the intentions, or in the declarations. China remains in the high seas of American globalism.
President Biden is also concerned by US intelligence assessments that Russian agents were behind serious cyberattacks on federal government servers, one of which was identified in 2020 as SolarWinds, the name of the company of cyber hacking. The second attack was orchestrated by DarkSide which disrupted the networks of a key fuel pipeline that serves 50% of the US East Coast supply. Darkside like others are experts who demand the payment of ransoms to put an end to their electronic intrusion into the networks of American multinationals.
Said El Mansour Cherkaoui High Technology and High Media Tension Joe Biden, the President of the United States called Vladimir Putin, the Russian President a “killer. He also said he would “pay the price” for a series of nefarious activities that Washington attributes to Moscow [Source] Subsequently, President Joe Biden called on Thursday to … Read more USA – Russia : Cyber Cold War
In terms of geopolitics, the goal of the Biden presidency remains the anchoring of Europe in the barrage position against Turkey and Iran, the allied coalition with Asian countries and the naval maneuvers carried out with Japan, all as a response to the regional turbulence of North Korea and as a Western shield against the rise of China, considered the most serious Eastern threat since the defeat and the rallying of Japan to the liberal Western bloc. The second paragraph would be the reduction of Russia’s engagement with the states considered by the authorities in Washington as “rogue-states” or non-representative of their constituents (Venezuela, Libya, Syria, Somalia, Sudan and Yemen).
Once these nations are “under the European Radar,” the United States takes on the mission of coaxing and attracting Russia, which is more apt to adopt the Western way of life while concentrating on blocking the Emergence in force of the New China globalized by Xi in the rest of the world.
Posted on 01/25/2021 by Ouest France
Without ever naming the United States, Xi Jinping posed as a defender of multilateralism and globalization, as he had already faced the same forum four years ago, just before Donald Trump came to power. .
Less than a week after Joe Biden took over the White House, Beijing’s strongman appeared to warn Biden against a continuation of his predecessor’s China policy, which had made China its number one rival. one, especially on the commercial and technological levels.
The regime of China fears in particular that Joe Biden wants to reunite the Westerners in front of him.
“Building clans or starting a new cold war, rejecting, threatening or intimidating others, imposing decoupling, disrupting supply chains or sanctions in order to cause isolation will only drive the world into division and even confrontation ,” warned Xi Jinping. “And the confrontation will lead us to an impasse” .
Under Donald Trump, in addition to a trade war launched against China, bilateral frictional issues have accumulated: Taiwan, Hong Kong, treatment of Uighur Muslims, technological rivalry…
Struggling with a Covid-19 epidemic which exploded in the United States, the former American president also blamed China, where the virus was spotted at the end of 2019, of being responsible for the pandemic.
As if to end the mandate of Donald Trump and his isolationist slogan of “America first” , Xi Jinping hollowly castigated the withdrawal of the United States from the Paris agreements on the climate, from Iranian nuclear power, as well as from the Unesco or the World Health Organization (WHO).
“Practice shows once again that blaming others for problems, wanting to go it alone or being imbued with narcissistic arrogance is doomed to failure ,” said the Chinese president. “May the torch of multilateralism illuminate the path of humanity!” “ , he pleaded.
“The world will not return to where it was before”
President Xi Jinping
Globalization has been the vehicle for economic growth and China’s emergence as a manufacturing powerhouse at the turn of the last century.
“When the interests of all mankind are at stake, it is China’s duty to act, but also to achieve its goals” President Xi Jinping
However, integration into the international market with President XI is viewed through a national prism and an integrated vision of China as the maker of its own technological ambitions and aims for international market expansion, including the formulation of its own choice of alliance and partnership on a national, regional or global level.
– June 11, 2019 – Big Leap in the Western Train of Life
President Xi Jinping divided the history of the Chinese socialist revolution into three 30-year periods; the former to be dominated by “Mao Zedong Thought”, the latter to be dominated by “Deng Xiaoping Theory”, and the new period to be dominated by “Xi Jinping Thought” on “Socialism with Chinese Characteristics for the New Era “.
This ambition of geo-strategic, political and technological realism is supported by the fact that China was the only major economy to generate a positive GDP in 2020. As a result, Xi Jinping launching the challenge of “no return of crank” to spur forward progress, he declared that “the world will not return to where it was before” . China is therefore turning the page of its own history and changing the reading of its globalization in the versions translated to the West on the Regional Multi-polarization of the New World today.
This projection also concerns the health condition of the world affected by the Covid-19 pandemic. Faced with the many voices that had been raised in Western countries to ensure national autonomy, particularly in medical matters, Chinese President Xi Jinping specified that ” it is in no one’s interest to use the epidemic to return to globalization ” . While China has largely stemmed the Covid-19 on its territory, Xi Jinping estimated that the global pandemic ” is far from over “ .
On the climate, the Chinese president reiterated his commitment made in 2020: namely the reduction of polluting emissions in China before 2030, before achieving carbon neutrality 30 years later – that is to say to absorb as much as issuing them.
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À Oakland en Californie et pour le reste des États-Unis, je représente le Tate Yoko Research Institute – Tri, une boutique de consulting japonaise qui est bien établie en tant que société de conseil de renommée prestigieuse au Japon, dans le reste de l’Asie et aux Etats Unis.
Tate Yoko Research Institute – TRI fut fondée en 2006 par d’anciens Présidents et Directeurs des plus prestigieuses compagnies Japonaises, y compris SUMITOMO, MITSUBISHI ELECTRIC, and autres compagnies japonaises.
Les fondateurs du Tate Yoko Research Institute sont d’anciens PDG et directeurs exécutifs et Présidents des plus grandes entreprises japonaises, des Centres de Recherche et furent membres également des think tanks de réflexion et d’innovation sur la gestion technologiques et opérationnelles des entreprises internationales et des centres de recherche et développement.
Le site Web du Tate Yoko Research Institute est rédigé en anglais avec une courte présentation en français et une version japonaise, qui toutes existent dans ce lien:
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En effet, Tate Yoko Research Institute est un cabinet reconnu au Japon, en Asie et aux Etats Unis et cela pour ses innovations et ses engagements dans les secteurs d’activités nécessaires au bon fonctionnement des organisations privées, des institutions publiques et les domaines sociaux.
Nous sommes une compagnie de consulting et de conseils sur les affaires et les politiques internationales des Etats, en premier les décisions prises au niveau des investissements opérés, la régulation des transactions et le développement du commerce international entre les pays Européens, les Etats Unis, ceux de l’Asie, du Moyen Orient et d’Afrique.
Pour répondre à travers un email, veuillez utiliser cette adresse:
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Japan Seeks New Trade and Business Relation with Morocco
Ministry of Industry and Trade – Morocco 123,787 followers 25m • Edited • 25 minutes … Continue reading: Japan Seeks New Trade and Business Relation with Morocco
Avec nos vœux et souhaits de réussite.
Said Cherkaoui
Said El Mansour Cherkaoui, Ph.D.
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Said El Mansour Cherkaoui Works and Publications Online on Africa / Afrique
For your perusal thought Morocco is more sovereign than this poor and unrealistic Map of Africa, this is a Colonial Time and Divisive showing of Morocco, Africans should strive to be in an independant mindset and not retrieve and be the copy of the colonial past … Read more
