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Featuring a discussion with author

 

John Zogby

Senior Analyst, Zogby Analytics

Founder of the "Zogby Poll" and the Zogby companies

Author, The Way We'll Be

Moderated by

 

Patricia Ellis

President and Co-Founder, Women's Foreign Policy Group

 

Thursday, June 20, 5:30 p.m. - 6:30 p.m.

B1 Conference Room

CSIS 1800 K Street, NW, Washington, DC 20006

Laura Merlini

Managing Director, EMEA, CAIA

 

Lauren Goodwin

Chief Market Strategist, New York Life Investments

 

Klaus Hommels

Founder and Chairman, Lakestar; Chairman, NATO Innovation Fund

 

Scott Spielvogel

Managing Partner, One Rock

 

David Steinbach

Global Chief Investment Officer, Hines

 

Andrew Weinberg

Founder and CEO, Brightstar Capital Partners

Managing Director Kristalina Georgieva and Magdalena Andersson, Chairman for the International Monetary Fund and Financial Committee, participate in the IMFC Press Conference during the 2021 Spring Meetings at the International Monetary Fund.

 

IMF Photo/Cory Hancock

8 April 2021

Washington, DC, United States

Photo ref: CH210408798.arw

 

Managing Director Kristalina Georgieva speaks to the press ahead of a meeting with the Prime Minister of Ukraine, Denys Shmyhal.

 

IMF Photo/Kim Haughton

20 September 2022

New York, New York, United States

Photo ref: KH220920008.jpg

Managing Director Kristalina Georgieva meets with Chancellor of Germany Angela Merkel.

 

IMF Photo/Lena Mucha

26 August 2021

Berlin, Germany

Photo ref: 20210826-DSC_1989.jpg

Ali bin Masoud bin Ali Al Sunaidy, Minister of Commerce and Industry, Deputy Chairman of the Supreme Council for Planning and Special Envoy of Oman speaking during the Session "Managing Cyber-Risks" at the King Hussein Bin Talal Convention Centre before World Economic Forum on the Middle East and North Africa 2019. Copyright by World Economic Forum / Jakob Polacsek

Belle the Wonder Dog has captured the first of sixty fierce dino's roaming the streets of Minneapolis and St. Paul

International Monetary Fund Managing Director Christine Lagarde (L) is greeted by Governor of the State Bank of Vietnam Nguyễn Văn Bình (R) at the Bank’s office March 16, 2016 in Hanoi, Vietnam. International Monetary Fund Managing Director Christine Lagarde (L) meets with Governor of the State Bank of Vietnam Nguyễn Văn Bình (R) at the Bank’s office March 16, 2016 in Hanoi, Vietnam. Lagarde is in Vietnam for three days. IMF Staff Photo/Stephen Jaffe

Managing Director Kristalina Georgieva speaks during the IMFC Plenary meeting during the 2021 Annual Meetings at the International Monetary Fund.

 

IMF Photo/Cory Hancock

14 October 2021

Washington, DC, United States

Photo ref: CH211014036.arw

 

Managed to dodge the CCTV this time. And no visit from the Police either, which is always a plus!

The Archdiocesan Cathedral of the Holy Trinity Philoptochos honored Archon Michael Psaros, Co-Founder

and Co-Managing Partner of KPS Capital Partners at its 64th Annual Chrysanthemum Ball on November

10 at the Mandarin Oriental Hotel in New York City.

The invocation was delivered by His Eminence Archbishop Demetrios assisted by Archdeacon Panteleimon

Papadopoulos. The guests were welcomed by Fr. John Vlahos, Dean of the Archdiocesan Cathedral of the

Holy Trinity, Stella Pantelidis, co-chair of the ball and the Cathedral Philoptochos President Dr. Miranda

Kofinas. This year's honoree Michael Psaros was introduced by Maria Marinakis and Maro Stratakis.

Honored guests included Dr. Konstantinos Koutras, Consul General of Greece to New York, and his wife,

Popita Pavli, Ambassador Maria Theophili, Permanent Representative of Greece to the UN, Ambassador

Vasilios Philippou, Consul General of Cyprus to New York, and his wife Anthea, Jennifer Constantine,

Direct Archdiocesan District Philoptochos President, James Gianakis, Archdiocesan Cathedral Board of

Trustees President and Rev. Robert Stephanopoulos, Dean Emeritus of the Cathedral along with

Presvytera Nikki Stephanopoulos.

The Chrysanthemum Ball is the Holy Trinity Archdiocesan Cathedral Philoptochos’ main annual fundraising

event for its charitable activities.

 

PHOTO: © GOA/GANP/DIMITRIOS PANAGOS-GANP/ΔΗΜΗΤΡΗΣ ΠΑΝΑΓΟΣ

Managed to capture an Iridium Flare during my imaging session last night.

 

Nikon D750, Nikkor 50mm, F4, ISO1000, 2 Minute Exposure.

International Monetary Fund's Managing Director Christine Lagarde (R), World Bank President Jim Yong KIm (C) and the Japanese Finance Minister Koriki Jojima (L) tour the earthquake damaged city of Sendai during a visit October 10, 2012 in Japan. Lagarde is in Japan to attend the Annual IMF/World Bank Meetings which are being held this year in Tokyo through the week. IMF Staff Photograph/Stephen Jaffe

International Symposium on Managing Land and Water for Climate-Smart Agriculture held at the Agency headquarters in Vienna, Austria. 25 July 2022

 

Photo Credit: Dean Calma / IAEA

 

Managing Director Kristalina Georgieva meets with President of Mozambique Filipe Nyusi the International Monetary Fund.

 

IMF Photo/Alison Shelley

12 December 2022

Washington, DC, United States

Photo ref: AS221212025.jpg

We managed to get to the Lake District for the Easter weekend. We were open at work on Good Friday so I had to be in at work for a couple of hours and didn’t set off until 9.00am. We had a quick café stop and then jumped on the M62. It took us until 2.00pm to get to Langdale. We crawled up the M61 and M6, reminding me why we used to avoid Bank Holiday traffic. Although staying in Ambleside we drove to Langdale to get a couple of hours walking in. Langdale was packed but we found a place to park at the foot of the pass up to Blea Tarn. We headed up Pike of Blisco – against a steady stream of walkers descending at this time in the afternoon. I didn’t bother taking photos to any great extent, it wasn’t great light, windy and the appalling weekend forecast had depressed me – this was supposed to be the best day and it was nearly over. After a nice settled spell, possibly the first in the north of England this winter (now officially British Summertime) heavy rain and gales were coming our way apparently.

 

Each morning I studied the maps trying to second guess the light, wind and crowds. On Saturday it was initially dry, much to our surprise, we parked in Coniston and set off up Walna Scar Road. It’s a long steep drag to the top of the pass, the cloud was down and thick, the wind was getting extreme as we got higher – and we didn’t see a soul! We were heading over Brown Pike onto Dow Crag, we weren’t likely to get lost on a ridge. By now it was raining hard and the wind was making staying upright difficult. We slid off the rocky summit of Dow Crag on our backsides, the safest way. We dropped on to Goats Hause, the wind was screaming through and but I guessed there would be some shelter if we headed for the Old Man of Coniston. We met the first person of the day here, arriving at the summit just before him. There was still winter snow on north facing slopes but the wind wasn’t as bad as Dow Crag. It was grim, 30 metre visibility and there was very little point in staying on the tops as originally planned. Jayne was up for heading straight down the tourist track through the quarries. We have only ever ascended it before but we set off down at a trot, passing some fell runners along the way. There was a steady stream of Easter trippers heading up and judging by the questions we were asked on the way down they had little idea of what they were heading in to or how far they were from the summit, and all in appalling conditions. Lower down it was quite calm and many had little idea of the severity of the conditions on the tops. The countryside was rapidly waterlogging again after the belated dry spell.

 

Sunday brought more very heavy rain and gales on the tops. What looked like snow had accumulated on high ground overnight. It was actually several inches of hail and was horrible underfoot, like small wet marbles but trapping a lot of water on the lower slopes below the freezing line. We parked at Patterdale and walked across slopes that the recent floods had wreaked havoc on, with a lot of remedial work to be done this summer. The plan was to get to Boardale Hause and decide whether to go high – over Place Fell – or head in to Boardale and stay low by doing a circuit of Place Fell. It was raining hard and there was a howling gale but it was behind us, the cloud had lifted a bit so we went high. The summit plateau was a nightmare, covered in slippy, wet, slushy hail with the wind nearly blowing us over. We went north straight over the top and down the other side, the top was in thick cloud but the lower slopes were clear and we legged it off the fell, descending by Scalehow Force waterfall, which was in fine form with the heavy rain. We followed the path above the shores of Ullswater back to Patterdale. Another wet walk.

Monday saw us parked a mile or so south of yesterday’s parking place in Patterdale at Bridgend. With the weather being bad people weren’t out early, even on a bank holiday, so we didn’t have a problem parking. There wasn’t a plan, we were just making it up. Today looked promising, Storm Katie was battering the rest of the country but missed the north for a change. The tops were wintry, again it was hail accumulations not snow, on the high ground it was on very old lying snow and very difficult on steep descents. We decided to take the steady slopes of Hartsop above How to Hart Crag, on to Fairfield and then hopefully over Cofa Pike on to St Sunday Crag, Birks and finally Arnison Crag. This was just less than ten miles and it turned out to be a very tough five hours, exhausting, particularly after the three previous days. A large coastguard helicopter circled us repeatedly and finally landed on the path we were following to Hart Crag, we assumed it was on an exercise. The ground was frozen above 2500 feet and walking was easier as the snow/hail was load bearing and we could yomp on a bit. It was like midwinter with frequent squally whiteouts blasting in. The wind would pick up first lifting the frozen hail in a frozen spindrift that bounced along several feet high blasting our faces, this was followed by, what was more like frozen drizzle than snow, fine, but hard, we could feel it through our clothes it came at us that hard. I decided that we would head straight over Cofa Pike to St Sunday. A mistake with hindsight. The lake of footprints was the first bad sign but we were committed. We lived to tell the tale but Jayne had a bit of a near miss. The crag down to Cofa is steep and it was covered in hail on old snow, the layer of hail was shearing away from the underlying snow and we had to go down on out backsides, keeping a tight grip as we went. At one point Jayne failed to arrest a slide that was above a steep and deep drop. I had hold of her from a position in front of her and to her left and I was fairly well anchored so I felt in control and was sure of the outcome. From her point of view it was frightening and it subdued her for the rest of the walk. She had also ripped the outer lining of her Paramo waterproof trousers as well. Considering that we were going downhill it was hard going, every step a slip or a slide, with the underlying grass saturated and a thin layer of hail it was an unpleasant walk off the fell. At the end of Arnison Crag we took a pathless shortcut – that we swore we would never use again years ago – to save around twenty minutes of walking. This was the only day I had the camera out all day and had to cover it with a dryliner bag whenever a heavy shower came in. I also broke the lens hood. We drove to Keswick for afternoon coffee and toast at Brysons. The new Paramo store across the square was the next stop for new trousers. These Paramos had cost £85 14 years ago and they have just brought a new model out. We had two choices, The old model was reduced to…..£85 – after 14 years we could pay the same price or we could return the old trousers - cleaned – and get a £50 voucher towards the new model, which are £135, or £85 with the voucher. The old ones were ¾ of a mile away in the car – unwashed – so we bought the old model. Needless to say we had a couple of drinks in the Golden Rule in Ambleside every night before our tea.

 

IMF Managing Director Kristalina Georgieva meets with General Manager of the Bank for International Settlements Agustín Carstens during the 2022 Spring Meetings at the International Monetary Fund.

 

IMF Photo/Allison Shelley

18 April 2022

Washington, DC, United States

Photo ref: 653A6841.jpg

 

International Monetary Fund Managing Director Christine Lagarde (L) is greeted by Finance Minister Dinh Tien Dung (R) of Vietnam at the Ministry’s office March 16, 2016 in Hanoi, Vietnam. Lagarde is on a three day visit to Vietnam. IMF Staff Photo/Stephen Jaffe

Managed to get a couple of shots of the Short Eared Owl hunting this evening.

Would love to get it in better light with lower ISO.

Managed this one while attempting a zipper shot. I rather like it.

Managing Director Kristalina Georgieva meets with Governor of the Bank of France François Villeroy de Galhau at the Banque de France.

 

IMF Photo/Cyril Marcilhacy

18 May 2021

Paris, France

Photo ref: CM_18052021-T17B4704.jpg

The Managing Director of the International Monetary Fund, Christine Lagarde, will today begin her three day visit to Rwanda, her first since she came to the helm of the institution in 2011. In an e-mail correspondence with The New Times’ Kenneth Agutamba, Lagarde sheds light on her institution’s current relationship with Rwanda and commends the country’s transformative and inclusive policies that have seen a significant decline in poverty levels.

You come here 20 years after the 1994 Genocide against the Tutsi. In your view, what has been the trigger for Rwanda’s rapid economic renaissance?

My main message to Rwanda is that “Good policies pay off.” Let me set this in a broader context by saying that I am very happy to have the opportunity to visit Rwanda at such a pivotal moment in its history. The horrific events that occurred 20 years ago tore the social and economic fabric of the country, and it is uplifting to see the progress in rebuilding, in peace efforts, and in improving the welfare of all Rwandans.

This truly is an example in terms of social and economic transformation. It proves that effective policies and inclusive growth can be transformational.

The economic performance has been remarkable, with strong annual growth for the past 15 years. This has helped Rwanda make progress towards achieving the Millennium Development Goals. The poorest have benefited from a focus on inclusive growth, with the poverty rate falling to 45 per cent of the population in 2011 from 60 per cent in 2000.

Of course, this rate is still high, but it is definite progress and we see the trend continuing. So, while there has not been a magic bullet or a single trigger, a holistic approach, that also included a focus on the agricultural sector, employment, and gender equality, has been instrumental in sharing the fruits of high growth more widely.

What is the status of IMF relations in Rwanda at present?

We have a very close economic policy dialogue and the IMF is currently supporting the government with a Policy Support Instrument (PSI) – designed for low-income countries that have graduated from financial support but still seek to maintain a close policy dialogue.

The PSI signals the strength of a country’s policies to donors, multilateral development banks, and markets. We also provide technical assistance as part of the Fund’s efforts to increase local capacity and know-how. We have an office in Kigali, where a resident representative, currently Mitra Farahbaksh, ensures our presence in the field.

Rwanda’s PSI, which is in its second year, supports Rwanda’s own policy priorities for strong and inclusive growth, with an emphasis on domestic resource mobilization, private sector development, export diversification, regional integration, and financial sector development.

We recently reviewed this programme and welcomed the country’s continued strong performance. We also agreed with the government that more work needs to be done to further reduce Rwanda’s reliance on aid and increase its resilience to external shocks.

What is your economic outlook for the country between now and 2020?

Our outlook for Rwanda is positive. The economy is recovering from a weak performance in agriculture and delays in related project implementation in recent years. Growth rebounded last year and inflation remains well contained. We expect GDP growth rates to rise gradually towards 7-7.5 per cent in the medium term, while inflation remains within the medium-term target of 5 per cent.

I am particularly impressed with the government’s continued commitment to poverty reduction.

As part of my stay here, I will be visiting the Agaseke Handicraft Cooperative and the ICT hub (knowledge Lab) in Kigali to see firsthand how the government has managed to improve the welfare of vulnerable and disadvantaged groups such as women and youth.

As your readers are aware, the Economic Development and Poverty Reduction Strategy for 2013–18 focuses on economic transformation, rural development, and youth employment. The strategy is rightly aimed at further reducing poverty.

I think that the continued rollout of planned measures and the successful inclusion of the private sector in leading economic development will help make sizeable inroads in making growth even more inclusive and in reducing inequality.

In a recent advisory by the IMF Board, they encouraged Rwanda to widen its tax base and put emphasis on domestic revenue sourcing. What is your advice on this?

We are devoting a significant portion of our technical assistance to support Rwanda’s efforts to reduce its dependence on foreign aid. The focus is appropriately on widening the tax base – not higher taxes, but all paying a fair share.

The government has already made significant progress in the areas of revenue administration.

The push to increase the number of registered VAT payers through the introduction of electronic billing machines, and the switch in the collection of local taxes and fees from the local governments to the revenue authority, should be useful in bringing more businesses under the tax system.

The introduction of tax regimes for agriculture and mining, and improvements in property taxation, should also help achieve the goal of providing budgetary resources for key expenditures, particularly those aimed at scaling up social spending and infrastructure in a context where donor resources are likely to be limited.

Lately, Rwanda has taken to raising money through bonds, do you think this is viable?

Rwanda’s successful Euro-bond issuance in 2013 demonstrated that market financing can play a complementary role in financing investment plans. Several other African countries have followed suit over the past year.

The key is to ensure that Rwanda’s debt remains sustainable. I welcome the government’s commitment to fully explore concessional financing options and private sector participation before considering the use of non-concessional resources.

At the same time, the government’s decision to begin issuing domestic currency bonds in 2014 was an important step in the process of developing and deepening local capital markets.

www.newtimes.co.rw/section/article/2015-01-26/185319/

Creating jobs remains a high priority for this country, but as you know the private sector is also still young. What should Rwanda do to address these two issues?

On private sector development, Rwanda’s potential depends critically on full implementation of ongoing reforms to attract foreign investment and boost exports. These include reducing the cost of doing business; improving infrastructure; supporting skills development; and tapping into regional markets.

The increased provision of lower-cost electricity and improved transportation should help facilitate diversification and business development.

On creating jobs, the government has identified three key priorities: skills development, the fostering of entrepreneurship for small- and medium-sized enterprises, and supporting household enterprises. We at the Fund share this emphasis on building the capacity of Africa’s greatest resource–its people. Increased investment in infrastructure can help put people to work.

The IMF’s latest Regional Economic Outlook for Sub-Saharan Africa projects regional GDP growth to pick up from about 5 per cent in 2013/14 to 5.75 per cent in 2015. That isn’t a big leap, is it? Can you elaborate on this?

Sub-Saharan Africa has made impressive progress over the past two decades, with growth averaging around 5 per cent. We expect that to continue in 2015, despite the impact of lower oil prices on some of Africa’s major oil exporting economies.

So there has been real progress, as growth has allowed for reducing poverty and improving living conditions.

For example, the number of people living on less than $1.25 a day in Africa has fallen significantly since 1990. But extreme poverty remains unacceptably high and not all countries are making progress. Some countries are still facing internal conflict and/or fragility.

Looking ahead, there are a number of longer-term demographic, technological and environmental challenges that need to be addressed in order to realise the ‘big leap’ that you refer to.

For instance, how can we tap into the productive capacity of Africa’s youth? How can Africa take advantage of technological innovation?

And how can we address the implications of climate change? Three broad policy priorities are crucial: building infrastructure, building institutions, and building people. Africa must also strengthen its institutional and governance frameworks to better manage its vast resources.

But the focus must be on people—with programmes aimed at boosting health and education and other essential social services. In fact, Rwanda is one of the countries that are effectively implementing policies in many of these areas.

The Ebola outbreak in West Africa has dealt a major blow to several African economies in the region. Can the effects of this blow spread to other parts of the continent?

The Ebola outbreak is a severe human, social and economic crisis that requires a resolute response. And the focus must be on isolating the virus, not the countries.

Strong efforts are underway in Guinea, Liberia and Sierra Leone, but it is unlikely to be brought under control before the second half of 2015.

The economic outlook for these countries has already worsened since September, when the IMF disbursed $130 million to the (three) countries to boost their response to the outbreak.

If the outbreak remains limited to the three countries, the economic outlook for the rest of sub-Saharan Africa remains favourable. Some neighbouring countries like The Gambia have seen an impact on tourism.

We are working with the governments of the three affected countries to provide additional interest-free financing of about $160 million, and expect our Board to make a decision in the next few days.

Following the endorsement by the G-20 leaders in Australia, we are also looking at further options to provide additional support to the Ebola-hit countries, including through the provision of donor-supported debt relief.

International oil prices have been tumbling, is this good for Rwanda and the other members of the EAC?

Indeed, oil prices have fallen recently, affecting both oil producers and consumers. Overall, we see the price decline as positive for the global economy. As an oil importer, Rwanda and indeed the East Africa region should benefit given that lower prices will most likely have a positive impact on growth whilst also easing inflation.

Countries can make use of this window of opportunity to reduce universal energy subsidies and use the savings toward more targeted transfers that benefit the poor.

Recently, the East African Community, a regional bloc to which Rwanda subscribes, reached a landmark Economic Partnership agreement (Epa) with Europe. Do you think that these countries need such agreements?

The EPA is designed to enhance commercial and economic relations, supporting a new trading dynamic in the region and deepening cooperation in trade and investment. It can serve as an important instrument of development in many respects.

It can promote sustained growth, increase the productive capacity of EAC economies, foster diversification and competitiveness, and, of course, boost trade, investment and employment. Rwanda is a key member of the EAC that has worked hard to create a conducive and transparent business environment. So it should benefit from this agreement.

Managed to visit the famous ghost town in Lüderitz, abandoned in 1954. Have always wanted to spend some time here, we took part in a tour around the area but only had 20 mins to take photos afterwards. Will def be going back to take some more next time, it's an incredible place. To think people were picking diamonds up off the ground here...

I decided to visit this National Trust run, place on the 3rd August 2018. Take the A3057 out of Romsey you will see a sign for Mottisfont about 3½ miles out of Romsey. They had a large car park which was free. It was in the middle of the heat wave we were having in Britain at the time and so many people were there with the kids because it was school holidays also. Mottisfont Abbey and with the house is a historical priory and country estate in Hampshire, England. The Abbey section was like a cellar building below the main part of the house and was so cool in the strong heat of summer outside. Sheltering in the valley of the River Test, the property is now operated by the National Trust. About 350,000 people visit each year. The site includes the historic house museum, regularly changing art exhibitions, gardens and a river walk. It is a Grade I listed building and next to the house is a fantastic Cafe area.

Mottisfont Abbey has wonderful grounds to complement the house itself. There are areas of wooded shade, a walk along the River Test, enough lawned area for many picnics and magnificent and pungent rose gardens, particularly on early summer evenings. On visiting Mottisfont you will be just as likely to encounter families with small children as you will a coach party or two of tourists. On a warm summer's day, Mottisfont is a relaxing retreat from the hustle and bustle of the busy city of Southampton and market town of Romsey, both nearby.

In the summer months they often hold theatre productions outside, and at different times of the year, there are specific trails, mainly but not totally aimed at children, for example at Easter, Halloween, Christmas etc. There are several points around the grounds where you can buy refreshments, a modern National Trust shop, ice cream parlour and exhibition space. A new Visitor Centre was completed early in 2016. An environmentally friendly building, it is heated in winter months by a biomass boiler burning wood chips from the estate. If you are walking The Test Way, which passes through Mottisfont and around the Abbey grounds, you will see the main house from the rear as you pass through fields along the northern boundary. While walking along this river walk I managed to see a Grass snake or water snake swimming in the very clear waters of the River Test.

Ancient trees, babbling brooks and rolling lawns surround this 18th-century house with a medieval priory at its heart. Maud Russell made Mottisfont her home in the 1930’s, bringing artists here to relax and create works inspired by Mottisfont’s past, including an extraordinary drawing room painted by Rex Whistler. The servant's rooms and Quarters are well worth a visit if only to see how they lived at this time. Winding paths meander through stately trees, with the sound of water never far away. The National Trust also looks after 1600 acres of woodland and tenanted farmland in the local area, including Stockbridge Down and Marsh, and Curbridge Nature Reserve. The wider estate is a wonderful place to explore, take a relaxing walk and take in the sights of some of Hampshire's most glorious countryside.

Fertile land and a plentiful water supply attracted the first settlers. The site's name comes from a spring or font that is still producing water in the grounds. It was the font around which the local community held its moots or meetings. An Augustinian priory was founded here in 1201 by William Briwere, a businessman, administrator and courtier to four Plantagenet kings who chose to make a public demonstration of his wealth and piety. The canons welcomed pilgrims en route to Winchester, who came to worship Mottisfont's relic, said to be the finger of St John the Baptist. (The word Abbey was added to the name Mottisfont by a future owner, several centuries later, but is a misnomer. The National Trust speculates that the name was considered more romantic than the historically - correct Priory.

The Black Death struck this initially prosperous priory and so suffered from the mid - 14th century onwards. During the Dissolution of the Monasteries under King Henry VIII, the priory was dissolved and the king gave Mottisfont to a favoured statesman, Sir William Sandys, who turned it into a country home, but rather unusually, chose not to demolish the existing priory. Sandys instead turned the church nave into the main body of the new mansion, building additional wings on either side. Sections of the original medieval church may still be seen, with the later additions built around them. The 13th - century cellarium also remains present today. This feels uneasily spooky in here being so old, damp, and a feeling of nostalgia so to speak by being in such a marvellous building that has stood the test of time.

This is a Type 3 helicopter with a BLM Fire helitack crew. Helicopters are used to drop water, transport crews, reconnaissance, and deliver resources to the fireline.

 

Helitack crews are specialized aerial firefighting crews who are highly skilled. They are often first on the scene to assess a wildfire and are a primary initial attack resource.

 

A day on a helitack crew consists of preparing and positioning fire gear on the helicopter or chase vehicle, a morning briefing consisting of weather, situation report and safety, training and post-fire discussions, daily projects such as vehicle and facilities maintenance, and a fitness workout that includes weight training, push-ups, pull-ups and sit-ups.

 

While on a fire assignment, they can work extremely long days.. Their duties consist of fireline construction with hand tools and chainsaws, directing helicopter water drops, building safe helicopter landing zones, transporting firefighters and cargo to helispots, and managing multiple helicopters assigned to a wildfire.

 

Want to learn more about careers with BLM OR/WA Fire? Go to: on.doi.gov/3yYp0j7.

 

BLM photo, Morgan Rubanow

 

I've no idea how they managed that...

The Archdiocesan Cathedral of the Holy Trinity Philoptochos honored Archon Michael Psaros, Co-Founder

and Co-Managing Partner of KPS Capital Partners at its 64th Annual Chrysanthemum Ball on November

10 at the Mandarin Oriental Hotel in New York City.

The invocation was delivered by His Eminence Archbishop Demetrios assisted by Archdeacon Panteleimon

Papadopoulos. The guests were welcomed by Fr. John Vlahos, Dean of the Archdiocesan Cathedral of the

Holy Trinity, Stella Pantelidis, co-chair of the ball and the Cathedral Philoptochos President Dr. Miranda

Kofinas. This year's honoree Michael Psaros was introduced by Maria Marinakis and Maro Stratakis.

Honored guests included Dr. Konstantinos Koutras, Consul General of Greece to New York, and his wife,

Popita Pavli, Ambassador Maria Theophili, Permanent Representative of Greece to the UN, Ambassador

Vasilios Philippou, Consul General of Cyprus to New York, and his wife Anthea, Jennifer Constantine,

Direct Archdiocesan District Philoptochos President, James Gianakis, Archdiocesan Cathedral Board of

Trustees President and Rev. Robert Stephanopoulos, Dean Emeritus of the Cathedral along with

Presvytera Nikki Stephanopoulos.

The Chrysanthemum Ball is the Holy Trinity Archdiocesan Cathedral Philoptochos’ main annual fundraising

event for its charitable activities.

 

PHOTO: © GOA/GANP/DIMITRIOS PANAGOS-GANP/ΔΗΜΗΤΡΗΣ ΠΑΝΑΓΟΣ

Troels Oerting Jorgensen, Head of the Centre for Cybersecurity, World Economic Forum speaking during the Session "Managing Cyber-Risks" at the King Hussein Bin Talal Convention Centre before World Economic Forum on the Middle East and North Africa 2019. Copyright by World Economic Forum / Jakob Polacsek

Geoff Meyerson is Managing Partner and Co-founder of Locust Walk. He brings a track record of success in investment banking, venture capital and licensing where he has closed >50 transactions of all varieties including playing a role in a majority of Locust Walk’s closed transactions.

 

Prior to Locust Walk, Geoff worked in business development at a venture-backed biotech company, Zelos Therapeutics, where he was on the management team and negotiated a drug delivery collaboration with Aegis Therapeutics. Before Zelos, he worked as a venture capitalist at SR One, the venture capital subsidiary of GlaxoSmithKline, where he closed eight financings in the US and Europe. His first and most active investment where co-lead the due diligence was for Algeta, a Norwegian radiopharma company with a product for bone metastasis. They concluded a $3B sale to Bayer, received FDA approval for their product Xofigo, and achieved a >20x return to investors. Geoff also worked at MedImmune in business development helping with their small molecule strategy, which resulted in three transactions, and where he also assisted with two other transactions. He got his start as an investment banker in UBS’ Global Healthcare Investment Banking Group, where he closed 12 financing and M&A transactions with a variety of life science companies.

 

He holds an MBA in Health Care Management from the Wharton School, a Master of Biotechnology from the University of Pennsylvania, and a BS in Economics from Duke University.

 

Geoff founded and is President of an exclusive relationship building non-profit organization called, BioBreak. BioBreak has grown to six regions internationally (Boston, San Francisco, Philadelphia, New Jersey, UK and Germany) and has a membership base of >3,000 senior life science operating and investing executives. He is a member of the Young Presidents Organization New England Chapter and is on the Board of Overseers for Beth Israel Deaconess Medical Center. Geoff also has served two terms on the board of the Wharton Health Care Management Alumni Association. He was named by Wharton Magazine (The Wharton School’s alumni magazine) and the Philadelphia Business Journal to their 40 Under 40 list for 2017 and 2010, respectively.

 

Geoff lives in Needham, MA with his wife Sasha, three children, Victoria, Jacob and Michelle, and mini schnauzer, Duke. He enjoys golf, skiing, tennis and shooting in his free time.

 

He is a registered rep with FINRA holding his Series 79, 63, and 24 licenses.

 

Speakers

Geoff Meyerson, Locust Walk

Sapna Srivastava

 

International Monetary Fund Managing Director Christine Lagarde (L) is greeted by Indonesia Vice President Jusuf Kalla (R) at the Vice President’s Palace September 2, 2015 in Jakarta, Indonesia. Lagarde is on a several day visit to Indonesia where she will speak at the University of Indonesia and meet with officials. IMF Staff Photo/Stephen Jaffe

Managing Director Kristalina Georgieva participates in United States Secretary of State Anthony Blinken's Ministerial Meeting from the International Monetary Fund.

 

IMF Photo/Cory Hancock

10 November 2021

Washington, DC, United States

Photo ref: CH211110002.arw

 

We managed to get to the Lake District for the Easter weekend. We were open at work on Good Friday so I had to be in at work for a couple of hours and didn’t set off until 9.00am. We had a quick café stop and then jumped on the M62. It took us until 2.00pm to get to Langdale. We crawled up the M61 and M6, reminding me why we used to avoid Bank Holiday traffic. Although staying in Ambleside we drove to Langdale to get a couple of hours walking in. Langdale was packed but we found a place to park at the foot of the pass up to Blea Tarn. We headed up Pike of Blisco – against a steady stream of walkers descending at this time in the afternoon. I didn’t bother taking photos to any great extent, it wasn’t great light, windy and the appalling weekend forecast had depressed me – this was supposed to be the best day and it was nearly over. After a nice settled spell, possibly the first in the north of England this winter (now officially British Summertime) heavy rain and gales were coming our way apparently.

 

Each morning I studied the maps trying to second guess the light, wind and crowds. On Saturday it was initially dry, much to our surprise, we parked in Coniston and set off up Walna Scar Road. It’s a long steep drag to the top of the pass, the cloud was down and thick, the wind was getting extreme as we got higher – and we didn’t see a soul! We were heading over Brown Pike onto Dow Crag, we weren’t likely to get lost on a ridge. By now it was raining hard and the wind was making staying upright difficult. We slid off the rocky summit of Dow Crag on our backsides, the safest way. We dropped on to Goats Hause, the wind was screaming through and but I guessed there would be some shelter if we headed for the Old Man of Coniston. We met the first person of the day here, arriving at the summit just before him. There was still winter snow on north facing slopes but the wind wasn’t as bad as Dow Crag. It was grim, 30 metre visibility and there was very little point in staying on the tops as originally planned. Jayne was up for heading straight down the tourist track through the quarries. We have only ever ascended it before but we set off down at a trot, passing some fell runners along the way. There was a steady stream of Easter trippers heading up and judging by the questions we were asked on the way down they had little idea of what they were heading in to or how far they were from the summit, and all in appalling conditions. Lower down it was quite calm and many had little idea of the severity of the conditions on the tops. The countryside was rapidly waterlogging again after the belated dry spell.

 

Sunday brought more very heavy rain and gales on the tops. What looked like snow had accumulated on high ground overnight. It was actually several inches of hail and was horrible underfoot, like small wet marbles but trapping a lot of water on the lower slopes below the freezing line. We parked at Patterdale and walked across slopes that the recent floods had wreaked havoc on, with a lot of remedial work to be done this summer. The plan was to get to Boardale Hause and decide whether to go high – over Place Fell – or head in to Boardale and stay low by doing a circuit of Place Fell. It was raining hard and there was a howling gale but it was behind us, the cloud had lifted a bit so we went high. The summit plateau was a nightmare, covered in slippy, wet, slushy hail with the wind nearly blowing us over. We went north straight over the top and down the other side, the top was in thick cloud but the lower slopes were clear and we legged it off the fell, descending by Scalehow Force waterfall, which was in fine form with the heavy rain. We followed the path above the shores of Ullswater back to Patterdale. Another wet walk.

Monday saw us parked a mile or so south of yesterday’s parking place in Patterdale at Bridgend. With the weather being bad people weren’t out early, even on a bank holiday, so we didn’t have a problem parking. There wasn’t a plan, we were just making it up. Today looked promising, Storm Katie was battering the rest of the country but missed the north for a change. The tops were wintry, again it was hail accumulations not snow, on the high ground it was on very old lying snow and very difficult on steep descents. We decided to take the steady slopes of Hartsop above How to Hart Crag, on to Fairfield and then hopefully over Cofa Pike on to St Sunday Crag, Birks and finally Arnison Crag. This was just less than ten miles and it turned out to be a very tough five hours, exhausting, particularly after the three previous days. A large coastguard helicopter circled us repeatedly and finally landed on the path we were following to Hart Crag, we assumed it was on an exercise. The ground was frozen above 2500 feet and walking was easier as the snow/hail was load bearing and we could yomp on a bit. It was like midwinter with frequent squally whiteouts blasting in. The wind would pick up first lifting the frozen hail in a frozen spindrift that bounced along several feet high blasting our faces, this was followed by, what was more like frozen drizzle than snow, fine, but hard, we could feel it through our clothes it came at us that hard. I decided that we would head straight over Cofa Pike to St Sunday. A mistake with hindsight. The lake of footprints was the first bad sign but we were committed. We lived to tell the tale but Jayne had a bit of a near miss. The crag down to Cofa is steep and it was covered in hail on old snow, the layer of hail was shearing away from the underlying snow and we had to go down on out backsides, keeping a tight grip as we went. At one point Jayne failed to arrest a slide that was above a steep and deep drop. I had hold of her from a position in front of her and to her left and I was fairly well anchored so I felt in control and was sure of the outcome. From her point of view it was frightening and it subdued her for the rest of the walk. She had also ripped the outer lining of her Paramo waterproof trousers as well. Considering that we were going downhill it was hard going, every step a slip or a slide, with the underlying grass saturated and a thin layer of hail it was an unpleasant walk off the fell. At the end of Arnison Crag we took a pathless shortcut – that we swore we would never use again years ago – to save around twenty minutes of walking. This was the only day I had the camera out all day and had to cover it with a dryliner bag whenever a heavy shower came in. I also broke the lens hood. We drove to Keswick for afternoon coffee and toast at Brysons. The new Paramo store across the square was the next stop for new trousers. These Paramos had cost £85 14 years ago and they have just brought a new model out. We had two choices, The old model was reduced to…..£85 – after 14 years we could pay the same price or we could return the old trousers - cleaned – and get a £50 voucher towards the new model, which are £135, or £85 with the voucher. The old ones were ¾ of a mile away in the car – unwashed – so we bought the old model. Needless to say we had a couple of drinks in the Golden Rule in Ambleside every night before our tea.

 

Managed to catch the last hour of the chrysanthemum show at the Lyman Conservatory yesterday. If you live in the area, it generally takes a week or so for the show to be dismantled, so it's still worth a visit. Almost everything is still in full bloom. Have a great week! :)

The sky was not cooperative today. Managed to capture the lunar eclipse. This is my first try. Hope you like it!!

Charles Hayes, Managing Director, China; Partner, IDEO, People's Republic of China, Andrea Bandelli, Executive Director, Science Gallery International, Ireland Hao Jingfang, Writer, China Development Research Foundation, People's Republic of China during the Session: "The Benefits of a Curious Mind: Sparking Creativity" at the World Economic Forum - Annual Meeting of the New Champions in Dalian, People's Republic of China 2017. Copyright by World Economic Forum / Jakob Polacsek

Managing Director Kristalina Georgieva participates in a meeting with Minister of Finance Situmbeko Musokotwane and Governor of the Bank of Zambia Denny Kalyalya at the Ministry of Finance in Lusaka, Zambia.

 

IMF Photo/Kim Haughton

23 January 2023

Lusaka, Zambia

Photo ref: KH230123054.jpg

Session 5: Managing Capital Flows

 

This session will focus on the challenges in the region associated with the normalization of U.S. and other advanced economy monetary conditions, including ongoing and possible spillovers to Asia, appropriate policies to be implemented by spillover-receiving countries, and the possible role for international policy coordination in ameliorating the negative impact of volatile capital flows. Key themes to be addressed include: How EM policy makers can prepare for / cope with financial volatility associated with asynchronous AE monetary policy stances. Experience with macroprudential policies and their potential role in managing capital flows. Regional insurance mechanisms, and their role in containing contagion from financial turbulence. Past experience of the IMF in facilitating coordination of macro-financial policies among key economies and possible ways forward.

 

Moderator:

 

Maurice Obstfeld, Economic Counsellor and Head of Research Department, IMF

 

Panelists:

 

Sukudhew Singh, Deputy Governor, Bank Negara Malaysia

 

In-chang Song, Deputy Minister of the Ministry of Finance and Strategy, Korea

Yiping Huang, Professor, National School of Development, Peking University

Chatib Basri, Former Minister of Finance of Indonesia and Senior Lecturer Department of Economics University of Indonesia

Eswar Prasad, Professor of Economics, Cornell University

 

Session 5: Managing Capital Flows

 

This session will focus on the challenges in the region associated with the normalization of U.S. and other advanced economy monetary conditions, including ongoing and possible spillovers to Asia, appropriate policies to be implemented by spillover-receiving countries, and the possible role for international policy coordination in ameliorating the negative impact of volatile capital flows. Key themes to be addressed include: How EM policy makers can prepare for / cope with financial volatility associated with asynchronous AE monetary policy stances. Experience with macroprudential policies and their potential role in managing capital flows. Regional insurance mechanisms, and their role in containing contagion from financial turbulence. Past experience of the IMF in facilitating coordination of macro-financial policies among key economies and possible ways forward.

 

Moderator:

 

Maurice Obstfeld, Economic Counsellor and Head of Research Department, IMF

 

Panelists:

 

Sukudhew Singh, Deputy Governor, Bank Negara Malaysia

 

In-chang Song, Deputy Minister of the Ministry of Finance and Strategy, Korea

Yiping Huang, Professor, National School of Development, Peking University

Chatib Basri, Former Minister of Finance of Indonesia and Senior Lecturer Department of Economics University of Indonesia

Eswar Prasad, Professor of Economics, Cornell University

 

Managing Director Kristalina Georgieva, Deputy Secretary of the IMF Sabina Bhatia, and Founder of Marshall Plan for Moms and Girls Who Code Reshma Saujani participate in the IMF Inspired event Reimagining the Workplace for Women during the 2021 Annual Meetings at the International Monetary Fund.

 

IMF Photo/Cory Hancock

8 October 2021

Washington, DC, United States

Photo ref: CH211008032.arw

 

Managing Director Kristalina Georgieva participates in a virtual meeting with Deputy Prime Minister and Finance Minister of Japan Taro Aso from the International Monetary Fund.

 

IMF Photo/Cory Hancock

10 February 2021

Washington, DC, United States

Photo ref: CH210210534.arw

 

Managed to make -clothes- had to take pictures.

 

Stockings, basic top, socks and tunic by me

Finally managed to find an insect both alive and willing to sit still for a spot of focus stacking. My sons found it in their sandpit. It moved a little during the shots but not too much.

 

Another focus stack with Zerene Stacker. This time I tried the D-Map algorithm with the maximum radius and minimum smoothing, which makes most of the image look good but the edges very bad. I then touched up the edges with the P-Map algorithm image - a good combo I think.

 

I initially did a 27 shot stack so the shots was in-focus from front to back. But it had no depth and the head no longer stood out against the chest. I cut it down to just 10 shots so that the head would stand out better. Overall I prefer it.

 

For the diffuser I used a ping pong ball with a bit cut out, with flashguns either side. But I think it has rather overdone it - the beetle is practically white!

 

I need to make much smaller rail adjustments when using wider apertures - there are noticeable gaps in the stack where the image gets blurry between sharp bits. I'd actually meant to use f/8 but had knocked the dial to f/6.3.

 

I need to leave a big margin around the shot. I'd nicely framed the insect so that his feet were in shot, but the stacking process chopped them off. Grr.

 

I'm seriously considering using my usual f/16 for my next focus stack. This is because:

 

- if the insect moves I might still get usable if un-stackable shots

- it will make the transition from stacking to not-stacking less apparent

- it'll cut down on the glow effect

- I can use fewer shots in the stack, reducing the chance of movement messing things up

- it'll reduce the "halo" effect on edges

 

10 shots at f/6.3, 1/200 sec, ISO 100

 

Canon 5D Mk II

MPE-65mm

2 x 430EX

Novoflex Castel-L focusing rail

Shutter cord

Tripod

Ping pong ball diffuser

ST-E2 transmitter

Zerene Stacker

The Archdiocesan Cathedral of the Holy Trinity Philoptochos honored Archon Michael Psaros, Co-Founder

and Co-Managing Partner of KPS Capital Partners at its 64th Annual Chrysanthemum Ball on November

10 at the Mandarin Oriental Hotel in New York City.

The invocation was delivered by His Eminence Archbishop Demetrios assisted by Archdeacon Panteleimon

Papadopoulos. The guests were welcomed by Fr. John Vlahos, Dean of the Archdiocesan Cathedral of the

Holy Trinity, Stella Pantelidis, co-chair of the ball and the Cathedral Philoptochos President Dr. Miranda

Kofinas. This year's honoree Michael Psaros was introduced by Maria Marinakis and Maro Stratakis.

Honored guests included Dr. Konstantinos Koutras, Consul General of Greece to New York, and his wife,

Popita Pavli, Ambassador Maria Theophili, Permanent Representative of Greece to the UN, Ambassador

Vasilios Philippou, Consul General of Cyprus to New York, and his wife Anthea, Jennifer Constantine,

Direct Archdiocesan District Philoptochos President, James Gianakis, Archdiocesan Cathedral Board of

Trustees President and Rev. Robert Stephanopoulos, Dean Emeritus of the Cathedral along with

Presvytera Nikki Stephanopoulos.

The Chrysanthemum Ball is the Holy Trinity Archdiocesan Cathedral Philoptochos’ main annual fundraising

event for its charitable activities.

 

PHOTO: © GOA/GANP/DIMITRIOS PANAGOS-GANP/ΔΗΜΗΤΡΗΣ ΠΑΝΑΓΟΣ

Geoff Meyerson is Managing Partner and Co-founder of Locust Walk. He brings a track record of success in investment banking, venture capital and licensing where he has closed >50 transactions of all varieties including playing a role in a majority of Locust Walk’s closed transactions.

 

Prior to Locust Walk, Geoff worked in business development at a venture-backed biotech company, Zelos Therapeutics, where he was on the management team and negotiated a drug delivery collaboration with Aegis Therapeutics. Before Zelos, he worked as a venture capitalist at SR One, the venture capital subsidiary of GlaxoSmithKline, where he closed eight financings in the US and Europe. His first and most active investment where co-lead the due diligence was for Algeta, a Norwegian radiopharma company with a product for bone metastasis. They concluded a $3B sale to Bayer, received FDA approval for their product Xofigo, and achieved a >20x return to investors. Geoff also worked at MedImmune in business development helping with their small molecule strategy, which resulted in three transactions, and where he also assisted with two other transactions. He got his start as an investment banker in UBS’ Global Healthcare Investment Banking Group, where he closed 12 financing and M&A transactions with a variety of life science companies.

 

He holds an MBA in Health Care Management from the Wharton School, a Master of Biotechnology from the University of Pennsylvania, and a BS in Economics from Duke University.

 

Geoff founded and is President of an exclusive relationship building non-profit organization called, BioBreak. BioBreak has grown to six regions internationally (Boston, San Francisco, Philadelphia, New Jersey, UK and Germany) and has a membership base of >3,000 senior life science operating and investing executives. He is a member of the Young Presidents Organization New England Chapter and is on the Board of Overseers for Beth Israel Deaconess Medical Center. Geoff also has served two terms on the board of the Wharton Health Care Management Alumni Association. He was named by Wharton Magazine (The Wharton School’s alumni magazine) and the Philadelphia Business Journal to their 40 Under 40 list for 2017 and 2010, respectively.

 

Geoff lives in Needham, MA with his wife Sasha, three children, Victoria, Jacob and Michelle, and mini schnauzer, Duke. He enjoys golf, skiing, tennis and shooting in his free time.

 

He is a registered rep with FINRA holding his Series 79, 63, and 24 licenses.

 

Speakers

Geoff Meyerson, Locust Walk

Sapna Srivastava

 

International Monetary Fund Managing Director Christine Lagarde (R) is bid farewell by the Governor of the Bank of Indonesia Agus Martowardojo (L) after their meeting at the Bank of Indonesia September 1, 2015 in Jakarta, Indonesia. Lagarde is on a several day visit to Indonesia where she will speak at the University of Indonesia and meet with officials. IMF Staff Photo/Stephen Jaffe

Antonio Manuel Vitorino, Director-General, International Organization for Migration (IOM), Geneva, speaking during the Session: “Global Migration: Managing Flows, Not Crises“ at the Annual Meeting 2019 of the World Economic Forum in Davos, January 24, 2018. Congress Centre – Aspen 1.Copyright by World Economic Forum / Christian Clavadetscher

Managing Director Kristalina Georgieva meets European Commission President Ursula von der Leyen at the Berlaymont in Brussels, Belgium.

 

IMF Photo/Valeria Mongelli

6 December 2021

Brussels, Belgium

Photo ref: IMG_2762.JPG

 

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