Latest news with #Jacobi
Scoop
6 days ago
- Business
- Scoop
Executive Leadership Change At NZ International Business Forum
Press Release – NZIBF A former diplomat, policy analyst and industry association CEO, Mr Jacobi helped establish NZIBF under its first Chair, Sir Graeme Harrison, in 2007. Long-time trade advocate Stephen Jacobi will retire from the New Zealand International Business Forum (NZIBF) on 30 June 2025. 'Stephen has made a major contribution to New Zealand's economy and our trade interests through his articulate, thoughtful and committed advocacy of trade, his wide network of contacts in New Zealand and offshore and his expertise in trade negotiations and international relations' says NZIBF Chair Philip Gregan. A former diplomat, policy analyst and industry association CEO, Mr Jacobi helped establish NZIBF under its first Chair, Sir Graeme Harrison, in 2007. He has also served as Executive Director of the NZ US Council and the NZ China Council, as well as an Alternate Member of the APEC Business Advisory Council (ABAC). 'Stephen has consistently represented New Zealand business views and, as a frequent and effective media and public commentator, raised public awareness of the importance of trade and key trade relationships'. 'Stephen is stepping down from his role at a time when the trade system is under threat, but when New Zealand has options due to our wide network of free trade agreements. I fully expect his voice will continue to be heard on key issues facing New Zealand. The NZIBF Board and members wish him and his family well for the future'. The NZIBF Board has asked Mr Jacobi to continue to represent them on the recently established NZ/EU FTA Domestic Advisory Group, for which he has been elected Chair. Philip Gregan said a search for a new Executive Director is well advanced and the appointment will be announced in due course. NZIBF is a business organisation which aims to generate wealth for New Zealanders by helping ensure that New Zealand enterprises are fully integrated and engaged in the global economy and New Zealand's global competitive position is maximised. Mr Jacobi's full bio can be found at
Scoop
6 days ago
- Business
- Scoop
Executive Leadership Change At NZ International Business Forum
Long-time trade advocate Stephen Jacobi will retire from the New Zealand International Business Forum (NZIBF) on 30 June 2025. 'Stephen has made a major contribution to New Zealand's economy and our trade interests through his articulate, thoughtful and committed advocacy of trade, his wide network of contacts in New Zealand and offshore and his expertise in trade negotiations and international relations' says NZIBF Chair Philip Gregan. A former diplomat, policy analyst and industry association CEO, Mr Jacobi helped establish NZIBF under its first Chair, Sir Graeme Harrison, in 2007. He has also served as Executive Director of the NZ US Council and the NZ China Council, as well as an Alternate Member of the APEC Business Advisory Council (ABAC). 'Stephen has consistently represented New Zealand business views and, as a frequent and effective media and public commentator, raised public awareness of the importance of trade and key trade relationships'. 'Stephen is stepping down from his role at a time when the trade system is under threat, but when New Zealand has options due to our wide network of free trade agreements. I fully expect his voice will continue to be heard on key issues facing New Zealand. The NZIBF Board and members wish him and his family well for the future'. The NZIBF Board has asked Mr Jacobi to continue to represent them on the recently established NZ/EU FTA Domestic Advisory Group, for which he has been elected Chair. Philip Gregan said a search for a new Executive Director is well advanced and the appointment will be announced in due course. NZIBF is a business organisation which aims to generate wealth for New Zealanders by helping ensure that New Zealand enterprises are fully integrated and engaged in the global economy and New Zealand's global competitive position is maximised. Mr Jacobi's full bio can be found at
Yahoo
7 days ago
- Business
- Yahoo
Jacobi Bitcoin ETF's Lowers Entry Barriers Allowing European Retail Investors to Jump In
Jacobi Asset Management has lowered entry barriers for its bitcoin BTC exchange-traded fund (ETF), allowing European retail investors to participate for the first time. This follows the removal of professional-only and minimum investment requirements by the Guernsey regulator. Originally launched in 2023 on Euronext Amsterdam, the ETF was designed to meet institutional grade standards for security, transparency, and compliance. Until now, access was limited to professional investors in line with regulatory requirements and market maturity. However, with the evolving financial ecosystem and growing institutional and governmental acceptance of bitcoin, Jacobi has worked closely with partners including Collas Crill, Midshore Consulting, and Sigma Asset Management to secure the removal of restrictions on retail participation. This strategic shift enables broader access to the ETF through regulated brokerage and investment platforms, subject to national regulations, significantly enhancing market inclusivity. The fund continues to be safeguarded by Zodia Custody, which provides secure institutional grade custody solutions. 'Our fund was designed from day one with a regulated, institutional-grade structure that investors could trust and were familiar with. Now, with greater regulatory alignment and growing public interest, we're delighted to expand access to all investors across eligible jurisdictions,' said Peter Lane, CEO of Jacobi Asset Management. "This marks a milestone not only for Jacobi, but also for Guernsey's positioning as a forward-looking digital asset jurisdiction," he added. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
New York Post
19-05-2025
- New York Post
7-year-old child shot in NYC home, marking the third minor to be shot in the Bronx in a week
A 7-year-old boy was shot in a Bronx home Sunday afternoon, becoming at least the third innocent minor to be struck by a bullet in the borough in a week, police said. The child was inside a home on East 230th Street in the Wakefield section of the borough when he was shot in the left hand around 4 p.m., according to the NYPD. 3 A 7-year-old boy was shot in the Bronx, marking the third time a child was hit by a bullet in the last week in the borough. Paul Martinka The family of the victim, whose name was not released by police, took him to Jacobi Medical Center, where he was listed in stable condition, police said. Cops are investigating whether the child got hold of the gun and accidentally shot himself in the hand, according to law enforcement sources. Police said they received a 911 call about the shooting, which remains under investigation. The incident marks at least the third shooting of an innocent child in that area of the Bronx in the last week. On May 12, Evette Jeffrey, 16, was shot in the head and killed near a schoolyard after coming back from celebrating her anniversary with her boyfriend at a local Chinese restaurant. She was caught in the crossfire of a gang-fueled shootout and was not the intended target, cops said. 3 A seven-year old boy shot in the Bronx was listed in stable condition at Jacobi Medical Center. Robert Miller Mayor Eric Adams visited the tragic scene that night and had an impromptu conversation with a clutch of terrified parents. 'Several lives are destroyed,' Adams said of the deadly shooting. 'We know that we have an obligation to create safe environments for young people. And that is what we try to do every day,' he added. The next day, an 11-year-old boy was injured in a shooting when, again, teens opened fire on a rival gang just blocks from where Jeffrey was slain riding her scooter. The shooters missed their targets, but one of their bullets smashed through the rear passenger side window of a passing car and showered the boy with glass. He was taken to the hospital and listed in stable condition. 3 Police are investigating the shooting of a 7-year-old boy in the Bronx on Sunday afternoon. Christopher Sadowski The driver of the car was shot in the shoulder and also listed in stable condition. The shooters escaped on Citi Bikes.
Al Arabiya
03-04-2025
- Business
- Al Arabiya
US imposes sweeping import tariffs: What it means for consumers & global markets
Global economies have awoken to sweeping new US tariffs as the Trump administration unveiled a 10 percent baseline tariff on all imports to the United States on Wednesday and higher duties on some of the country's biggest trading partners, a move that President Donald Trump has called 'declaration of economic independence.' Trump's move has drawn a defiant response from leaders and governments around the world and has left the American consumers wondering how the tariffs would affect their annual household expenditure which according to a Yale study could increase up to $3,000-$4,000 a year. Trump is seeking to create a 'rebalance trade,' according to Mary Jo Jacobi, former assistant secretary of commerce under President Geroge W. Bush, who said that the US has been running 'an incredibly large' trade deficit with countries such as China, Canada and Mexico. Jacobi explained how the tariffs would impact the US consumer and overall global trade. 'Anything imported will cost more to bring into the country and so the consumers will have to pay,' she told Al Arabiya News in an interview on GNT presented by Tom Burges Watson. She added: 'What president [Trump] hopes is that through this hopefully short-term pay of rebalancing, the consumer will get a better deal in the long-term. When you amplify the tariffs approach with the tax cuts that are coming, overall, the consumer will be in a better shape later in the year.' Who will feel the heat most? 'Certainly China,' said Jacobi, adding that the tariffs will have an impact on the price of inexpensive goods manufactured in China, which over the years have declined the manufacturing base of the US as the American consumers rely more on 'cheap imported goods.' China is facing a 34 percent tariff figure and the number stacks on an added 20 percent levy that Trump imposed earlier this year over Beijing's alleged role in the illicit fentanyl supply chain, taking the new additional figure to 54 percent. Trump separately ordered an end to a duty-free exemption for small parcels from China, a move likely to severely disrupt the import of popular low-cost products. The rule has faced heavy scrutiny as US officials pointed to the growth of Chinese-founded online retailers Shein and Temu as a factor behind a surge of shipments using the exemption. Products imported under the 'loophole' from China would be subject to a duty rate of either 30 percent of their value or $25 per item, increasing to $50 per item after June 1. The policy shift kicks in May 2, according to Trump's executive order. What is Trump expecting? According to Jacobi, the US President is expecting that these newly imposed tariffs will bring countries to the negotiating table to seek an overall trade balance. Global leaders were quick to express their dissent after the tariffs were unveiled, threatening to fight the tariffs with countermeasures of their own. The Chinese foreign ministry said it firmly opposed the US tariffs and 'will take countermeasures to safeguard its own rights and interests.' It added: 'There are no winners in trade wars, and there is no way out for protectionism. China urges the US to immediately lift unilateral tariffs and properly resolve differences with its trading partners through dialogue on an equal footing.' Canada also followed suit, saying that 'we are going to fight these tariffs with countermeasures, we are going to protect our workers, and we are going to build the strongest economy in the G7.' Meanwhile Jacobi emphasized that it would really come down to 'who, how much and how long,' before America's global trading partners can work out a prospect that may be beneficial to all parties. 'I think it is safe to say that there will be a lot of paying in the immediate term, hopefully there will be a lot of gain in the medium to long term, from the worldwide trade perspective,' she said. Global recession? If there is a global recession, 'it will boomerang' back to the United States, according to Jacobi. She added: 'It is a very big change and change is frightening, but as we rebalance, it could get better.'
