Tamara Perko, President of the Management Board of the Croatian Bank for Reconstruction and Development (HBOR) and Elisabetta Capannelli, World Bank Country Manager for Croatia, signed a Loan Agreement for the HEAL Croatia Project (Helping Enterprises Access Liquidity) in the amount of EUR 200 million (US$242 million equivalent). The Croatian Deputy Prime Minister and Minister of Finance, Zdravko Marić also signed a Guarantee Agreement with the Bank for the Loan. The HEAL Croatia Project will provide liquidity and financial restructuring to firms that have been hit by the COVID-19 pandemic and by the two devastating earthquakes of 2020 and will support an inclusive and resilient recovery.
The COVID-19 crisis has caused a sharp decline in the economic activity of Croatian businesses and has had a profound effect on jobs and livelihoods. The pandemic disrupted firms’ production and reduced the demand for their goods and services, while the financial sector tightened lending to companies, due to rising credit risk. The crisis also exacerbated Croatia’s regional disparities and reduced credit access for young firms and for firms owned and managed by women.
To mitigate such negative effects, the HEAL Project will increase access to finance to firms focused on export, both small and medium enterprises (firms employing fewer than 250 people) and mid-caps firms (employing from 250 to 3000 people), as well as for firms from less developed regions of Croatia, and firms owned or managed by women. It will also increase access for young enterprises (operating less than five years). The Project will support HBOR’s continued development through improved business processes, strengthened sustainability and climate change resilience, and use of EU funds.
“The loan being signed today represents a continuation of the significant support provided by the World Bank to the Republic of Croatia since the beginning of the crisis in 2020, which is reflected in operations worth a total of EUR 760 million (including HEAL). With this project, we are contributing to the further recovery of Croatia’s private sector, following the existing measures of the Government of the Republic of Croatia adopted in the context of the COVID-19 pandemic, post-earthquake reconstruction and creating foundations for future sustainability and resilience,” said Zdravko Marić, Deputy Prime Minister and Minister of Finance of the Republic of Croatia.
“Terms and conditions granted by the World Bank will provide us an additional source of finance for granting further favorable loans to our entrepreneurs. We are pleased that the World Bank has recognized the significance of financing entrepreneur groups whose importance has also been recognized in HBOR’s five-year strategy. Exporters and entrepreneurs in underdeveloped areas are among them. In addition to granting favorable financing terms, the World Bank will support us in improving our Environmental and Social Management System. This will be important as HBOR’s activities in the coming period will be particularly committed to building more capacity for supporting sustainable projects and inclusive growth,” stated Tamara Perko, President of the Management Board of HBOR.
“We look forward to a smooth and quick implementation of the HEAL Croatia project which will help preserve jobs and support household livelihoods through direct support to approximately 150 firms employing around 25,000 people. The Project will contribute to a resilient, inclusive and sustainable recovery of Croatia, which has been hard hit by the global pandemic, the economic recession, and the devastating earthquakes of March and December 2020,” said Elisabetta Capannelli, the World Bank Country Manager for Croatia.
The HEAL Croatia project complements two other World Bank crisis operations approved last year, the Croatia Crisis Response and Recovery Program and Earthquake Recovery and Public Health Preparedness Project – worth together US$ 500 million, to help mitigate the effects of the economic shock, advance recovery, facilitate earthquake reconstruction and strengthen national systems for public health preparedness for pandemic outbreaks. The Justice for Business Project focused on improving the business regulatory procedures and justice service standards for businesses and citizens was also approved in March 2020, bringing the World Bank support to the country to EUR 760 million under the ongoing Country Partnership Framework.
The World Bank has been a partner to Croatia for over 27 years. During this period, the Bank has supported more than 50 projects, worth almost US$5 billion, produced numerous studies, and provided technical assistance to help strengthen institutions and support the design of policies and strategies. The Bank’s current program focuses on mitigating the economic and social impact of COVID-19, post-earthquake reconstruction, transport, justice, innovation, business environment, land administration, science and technology, and economic development of the Pannonian region.
Free bonus from Binance and the amount of Ethereum best crypto signals is growing
Binance Gives New Users $ 100
Binance, one of the leading cryptocurrency exchanges, is giving out a welcome bonus to its new users who join its platform. Binance offers the option of giving up to $ 100 to new users.
Binance, the world’s largest cryptocurrency exchange by trading volume, is offering a welcome bonus of up to $ 100 to new users who join its system. To benefit from these rewards, users must be members of the Binance exchange and then complete certain tasks – said the analyst of SafeTrading.
Users who are new members of the Binance exchange must complete the tasks set by the platform within 7 days. Users must complete the authentication process before running these tasks. Once this process is complete, you can switch to an interface called Task Center. Binance challenges and awards include:
– A $ 5 bonus cash voucher on your first deposit of at least $ 50 in Fiat or P2P.
– A $ 50 spot cashback coupon on the first purchase of at least $ 100 worth of crypto in spot transactions.
– $ 45 Spot Refund Coupon for your cryptocurrency trading of at least $ 100 on spot trades.
After completing the three tasks mentioned above, you can view the cost and expiration date of your coupons in the Reward Center interface.
Binance will award a premium of $ 1.8 million
Binance, one of the world’s largest cryptocurrency exchanges, has created a $ 1.8 million prize pool for its 4th anniversary. Binance’s largest prize pool by best crypto signals to date will be raised with users at a special event hosted by the giant cryptocurrency exchange by the info of SafeTrading.
To take advantage of this event, you must first be a member of the Binance exchange. Upon completion of membership, tasks are displayed in the Challenge interface. There are prizes defined as 350 CHR, 200 CHZ, 500 DATA, 20 DEXE, 800 TRX, NFT, thanks in the call interface. To take advantage of these rewards, you must complete the quests at the bottom of the event interface. Users who are eligible to spin the wheels with these challenges can take advantage of these rewards by clicking on the ‘GO’ option. However, the user who has completed the quest can go through the same quest again after 24 hours and be eligible to spin the wheel.
The event will run until 14.59, 07/14/2021.
Is Shibaswap Safe? What do the reviews say?
Many people question the transparency and reliability of ShibaSwap and its best crypto signals.
ShibaSwap security check error.
Despite the unexpected success of this decentralized dog exchange, there are warnings that liquidity providers are adding capital via an undefined security protocol. Amid Elon Musk’s annoying dog token trading, on July 7, Shiba developers launched a purported decentralized exchange with attractive perks for users. Within 24 hours of launch, the exchange has raised over $ 1 billion in blocking.
On July 8, a columnist for cryptocurrency exchange DeFi Safety published a report on ShibaSwap, in which the exchange score is only 3%, which is well below the 70% that the site considers successful.
Describing the rating as a “crushing failure,” DeFi Safety reported that ShibaSwap failed on all but two of the 22 review criteria. The exchange received a 30% Credibility rating for the clarity of the information presented in the whitepaper.
ShibaSwap one address.
On July 7, Solidity developer Joseph Schiarizzi warned that ShibaSwap is under the control of only one address for most of the first day of the hosting contract.
Since then, ShibaSwap has upgraded the contract to a multi-signature system that requires six secure accounts to reconcile transactions before they are executed. Schiarzzi warns that each of the addresses can be under the control of one person:
Most of these secure accounts are newly opened accounts with 0 transactions and no ETH, so it is likely that the holders of these accounts are simply people working for the ShibaSwap developers who can easily agree to participate in a betting contract.
DeFi Watch analyst Chris Black shared Sciarizzi’s warnings about ShibaSwap safety risks with his 22,000 followers and drew attention to the DeFi Safety review.
The number of Ethereum users has increased by 5 million in the last 30 days!
Ethereum (ETH), the world’s largest smart contract development platform, continues to gain traction ahead of the planned upgrade, reaching over 5 million new users in just 30 days (Info of the SafeTrading team).
Ethereum Demand Grows Rapidly
On average, this means 173,235 new users are added to the Ethereum network daily. With sob data, the total number of Ethereum addresses in the world has increased to 162,231,196.
Celsius Network CEO Alex Mashinsky recently stated that Ethereum is “converting” bitcoins, which will make cryptocurrencies more widespread. Mashinsky expects wider adoption of Ethereum as he believes tier 2 solutions will solve the problems with ETH in the near future.
ETH 2.0, on the other hand, will be a significant and incremental improvement to tier 2 solutions, but Mashinsky said the two systems will work together in the future. Ethereum developers recently introduced a new bill allowing the London hard fork. This account also includes the highly anticipated Ethereum EIP-1559 update.
A week ago, Ethereum surpassed Bitcoin in terms of the total number of active addresses per day for the first time in the history of cryptocurrency. This event shows that the demand for the second largest cryptocurrency in the world is growing. The fact that Ethereum is significantly ahead of Bitcoin in terms of daily active addresses is a harbinger that it will become a big competitor to Bitcoin in terms of price.
The number of Ethereum users has increased by 5 million in the last 30 days!
For example, the American investment bank Goldman Sachs believes that the Ethereum network is capable of using it as the main storage for cryptocurrencies.
Ethereum is on track to become the most popular smart contract development platform in the crypto community, according to a Business Insider report released on Tuesday.
How will this affect the price of Ethereum?
After the last big drop, Ethereum, which, like all altcoins, was seriously damaged, started the week with a rally. The price is currently hovering around $ 2,230. If the Ethereum price remains above the $ 2,230 support, it could correct higher in the near future. The first resistance is around the $ 2,280 level and the 100-hour SMA. If the first key resistance is $ 2300. The next major resistance is around the $ 2,350 level. The additional gain could push the price towards the $ 2,400 level, and new updates in the coming months suggest that this could push the price higher.
How To Perform Forensic Delay and Disruption Analysis?
Forensic delay and disruption analysis refers to the process of investigation that determines the causes and extent of delays in order to resolve disputes related to construction projects. It revolves around identification of the activities or events causing delays to the critical path and quantifying the delay caused by each event.
The analysis requires the help of experts trained in Critical Path Method (CPM) Scheduling methods. These experts are appointed by parties involved in a disputed project who come to an agreement regarding the causes of delay. In this article, we have explained how an expert performs a detailed forensic delay and disruption analysis.
How is a Forensic Delay and Disruption Analysis Performed?
A forensic delay and disruption analysis can be conducted prior to the commencement of the project as a form of risk assessment. Alternatively, it could be done during or after completion of the project to identify the causes as well as the amount of delay.
To perform a forensic delay and disruption analysis, it is essential to enlist the help of an expert. The expert performs the analysis by evaluating the planned and actual results, the type of critical delay incurred, and activities leading to the delay.
The delay analysis is all about finding details – how the actual project progressed, what activities or events had an impact on the time taken for completion, etc. And to figure this out, the expert needs to move beyond taking the project schedule at face value and evaluating its activities.
They have to go through all of the contemporary records related to the project in order to identify the actual causes and effects of the delay events affecting the critical path of the project.
However, not all projects may have the complete set of records that is needed by the expert. In such cases, the experience of the expert allows them to work out a satisfactory analysis using incomplete or inaccurate data.
Forensic Delay Analysis Methodologies
There is no standard method in forensic delay analysis that can be followed for every situation. Before deciding on the most suitable method, an expert needs to consider several aspects. These include:
- Type of required analysis- retrospective or prospective
- Requirements of the contract
- Dispute value
- Available time
- Availability of records and program information
On the basis of the above aspects, the expert identifies the most suitable methodology for analysis. In case there are experts appointed separately by both the parties involved in the dispute, the experts need to unanimously decide on a methodology to maintain ease of interpretation and comparison.
Some of the most common methods used in forensic delay and disruption analysis are as follows.
- Impacted As-Planned Analysis
- Time Impact Analysis
- As-Planned vs As-Built
- Windows Analysis
- Collapsed As-Built Analysis
To conclude, forensic delay and disruption analysis is a means of negotiating a fair result in case of a dispute related to delays in construction projects. A delay analysis expert needs to go through all the relevant records and identify the most suitable methodology to ensure that they don’t end up with an erroneous conclusion.
Learn how a traffic violation lawyer in VA can help you
If you happen to be in a situation where there is a misunderstanding or there is any sort of conflict with the traffic authorities concerning traffic, the best thing you can always do is to hire a traffic violation lawyer. You see, the traffic violation tickets can usually leave you feeling frustrated, especially when you have nothing you can do about them.
You need to get legal advice from a traffic violation attorney because these experts know the required legal matters. Besides, there are good chances that you can resolve some issues when you use a traffic violation attorney. In this article, you will learn how a traffic violation lawyer can help you.
How a traffic violation attorney can help you
In most cases, there are various ways that a traffic violation attorney can assist you when you are facing a traffic violation charge. A traffic violation lawyer in VA is there to listen to all the details of your situation and even analyze your legal position. They can also tell you the advantages and disadvantages that come with alternate courses of action.
There are many attorneys out there who build great relationships with prosecutors. They also know their ways around the court systems and can use their expertise to your benefit.
It’s worth noting that your traffic violation attorney can gather information and facts from you and evaluate all the aspects of the traffic offenses that they are charging you. An experienced traffic violation lawyer can also evaluate the legal defenses that are there in your case.
These may include inaccuracies and mistakes done by the arresting officer as well as other technical defenses that can be useful. For serious charges, you can use the attorney’s experience and skills to assist you to negotiate with the prosecutor.
There are several data derived from the National Highway Transportation Safety Administration suggesting that the combination of at least three field sobriety tests when used together gave the accuracy of 91 percent in all DUI cases. It means that there are good chances that the arresting officer can be wrong in at least 9 for every 100 field sobriety tests.
Technically, to get an accurate administration of these three tests, the arresting officer needs to follow some strict guidelines and these tests must be done under specific conditions. Your traffic violation lawyer can challenge your case based on these tools. Therefore, before you meet a lawyer, it’s important to create a summary of information concerning the case. This can help a traffic violation attorney to understand the intricate details of your case.
Cost of a traffic violation attorney
The fees that traffic violation attorneys can vary depending on the specific circumstances of the offense they are charging you with. You can find some lawyers out there who may charge a flat rate so that they can get a citation dismissed.
As explained earlier, these fees can vary depending on the attorney and how much effort and time that they can spend on your case. The fees for moving and non-moving violations can also vary significantly. Some traffic violation attorneys can find that it’s sometimes quite expensive and time-consuming to deal with a DUI defense, so they avoid handling them.
When you are meeting a traffic violation attorney, they need to be clear with the scope and purpose of the legal representation. They should also say what will be included in the cost of this legal representation to make sure that you are receiving all the services that you expect from your lawyer. Before you retain a traffic violation lawyer, it’s also important to consider asking for a written agreement to ensure that both parties understand and are clear on the terms and conditions.
Remember that lawyer’s fees can quickly increase when contesting a speeding ticket and can even get higher if the case is complex and goes to trial. This is because an attorney can charge a fee for a particular type of case or even an hourly rate. And, you may need to pay an advance fee that is also called a retainer.
You need to understand all these details associated with the fee arrangement for the services before you retain a lawyer. In this way, you can avoid meeting unexpected costs when the representation starts. You should also understand if you are eligible for a refund of this fee when you decide to terminate the lawyer while they start working on the case.
Types of traffic violation lawyers
There are usually two types of traffic violation attorneys that can come in handy in your traffic violation case. Here is what you need to know about these attorneys:
Any lawyer who handles traffic offenses knows the stakeholders, and the dynamic laws and processes that these cases are resolved in traffic courts. There are good chances that a prosecutor can dismiss all the charges against you if a traffic violation attorney represents you.
In most cases, prosecutors can sometimes take advantage of people without legal representation. An experienced traffic violation lawyer usually works to get the best outcome for your case. Their aim is to get the citation reduced or dismissed.
If your job needs driving, then you can’t want your driver’s license to be suspended. You need to hire a lawyer so that they can help you avoid this situation. People with commercial driver’s licenses must always hire a traffic violation lawyer before paying a ticket. This is because there are some specific laws that can apply to commercial licenses, leading to a faster license suspension.
If you believe that you cannot afford a private attorney, then you can ask the court to appoint a lawyer who works with the public defender’s office. Remember that court-appointed lawyers can represent only those who cannot afford hiring a lawyer and they are facing a jail sentence.
However, financial problems that can be caused when you hire a lawyer is not a sufficient ground for the appointment of a lawyer. The judge can decide that besides all the fines and court costs, you should also pay certain charges for the legal services after using a court-appointed lawyer.
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