The Junior Economic Chamber of Monaco (JCEM) will highlight finance during its first Business Time of 2018 with the theme being the attractiveness and prospects of Monaco as a financial centre.
The thematic networking event on Thursday, March 15, at CREM, the Club for Foreign Residents of Monaco, will be marked by presentations from three experts: Ben Robson, CEO of Spectrex Commodities and author of "Currency Kings: How Billionaires Traders Made Their Fortune Forex Trading;” Gregory Moscato, Director of Finance at the International University of Monaco; and David de Pariente, partner in the independent law and tax law firm Gordon S. Blair.
Financial activities are currently undergoing profound changes, both internationally and in the Principality. The speakers will demonstrate how Monaco is constantly adapting to attract investors and meet the increasingly demanding requirements of major players in the sector.
The talk at 6:30 pm will be followed by a networking cocktail. Tickets (€25) can be purchased online.
JCEM will also be holding a networking breakfast on March 22 under the topic: Monaco, towards a smarter city?
To be held at the Meridien Beach Plaza at 8:15 am, guest speakers will include Georges Marsan, Mayor of Monaco, on the topic of Police Optimisation and Smart Parking Deployment, and Paul Jolie, Digital Advisor to the Minister of State, on Smart City Strategy of the Prince's Government. Sign up here.
[caption id="attachment_29228" align="alignnone" width="960"] Photo: Facebook PeeaceJam[/caption]
PeaceJam Foundation, an award-winning peace education programme that has embraced more than 1.2 million young people, from 40 countries around the world, has just announced an impressive panel for the Second Annual PeaceJam Special Jury Prize at the Monte Carlo Television Festival.
The purpose of the award, which will be given on June 19, is to recognise outstanding Television Films that embody the spirit of the Nobel Peace Prize. It is thus fitting that Nobel Peace Prize Winner Betty Williams will present this award.
The panel will assemble ten distinguished international personalities tasked with choosing the best entry. The members are: Dawn Engle, Executive Director of the PeaceJam Foundation; Shirli Singh, Philanthropist and President of the Jury; HRH Princess Camilla of Bourbon Two Sicilies, Duchess of Castro, who is designated as the Monaco Representative to the Jury by Prince Albert; Lara Isoardo, Representative of the Monte Carlo TV Festival; Genie Godula, Anchor at France 24; Raquel Bruno, President of Drive Entertainment Group represented by Russ Bruno; Chiara Sbarigia, General Director, APT, Associazione Produttori Televisivi; Calypso de Sigaldi, VP, AID Accociation Internationale D’actions Artistiques, and Ivan Suvanjieff, President of the PeaceJam Foundation.
The Peacejam Special Jury Prize adds a unique new humanitarian component to the Television Festival. Participation is open to all public and private television organisations, as well as to institutions that devote themselves to public understanding. To be considered for the Special Jury Prize, submissions should be made for television broadcast but not necessarily limited to television distribution.
Submissions are open until April 22. The full rules and procedures can be found online.
The Monte Carlo Television Festival was established in 1961 by Prince Rainier III and Princess Grace. This year it takes place June 15-19.
[caption id="attachment_29355" align="alignnone" width="640"] Mungo Park, Chairman of Innovator Capital, presents Prince Albert with a special 2018 CleanEquity Monaco Award, designed by American conceptual artist Darren Bader.. Photo: CleanEquity Monaco[/caption]
Prince Albert revealed the new Award for Sustainability with the Nobel Sustainability Trust and a Global Green Investment Bank, at the CleanEquity Monaco conference last Friday at the Fairmont Monte Carlo.
Referring to CleanEquity Monaco, which he co-founded with Mungo Park, Chairman of Innovator Capital, in 2007, the Sovereign Prince said he was proud that “the conference has become an important part of the sustainability landscape. Over the years, some 300 companies have presented their plans to over 1600 attendees.
“These companies have gone on to raise nearly $2 billion, friendships have been forged, and greater strides have been made towards a cleaner, safer and more sustainable future.”
The Prince then announced “a new initiative that has origins in the multidisciplinary nature of CleanEquity Monaco, the creation of a new Global Award for Sustainability and a Global Green Investment Bank.”
As HSH stated, the Nobel Prizes continue to be recognised as some of the world’s greatest accolades. “Sustainability was a key concept for the three Nobel brothers Alfred, Ludwig and Robert. It has now become a vital part of our modern lives; but the concept was not included in Alfred’s will. So, because the Nobel Foundation cannot add to its portfolio of prizes, four Nobel family members, in agreement with the Foundation, formed the Nobel Sustainability Trust to promote sustainability in modern life.
"The trust’s mission is to sustain quality of life in the face of threats – pollution, climate change – and to create the Award for Sustainability.”
Monaco will host the Sustainability Award Ceremony in 2020 or 2021.
Back in 2012, the Nobel Sustainability Trust co-hosted CleanEquity Monaco and engaged Innovator Capital to develop the Nobel Sustainability Fund, the world’s first multi-phase, multi-technology, multi-geography sustainable technology fund. It was launched in June 2016, by Earth Capital Partners and was seeded by the Monaco Reserve Fund.
[caption id="attachment_29260" align="alignnone" width="640"] HSH Prince Albert at the 2018 CleanEquity Monaco Awards Ceremony. Photo: Monaco Life[/caption]
Mungo Park added, “We are creating a multi-sovereign backed Global Green Investment Bank and other nations are waiting to participate as soon as the corporate structure is in place.”
Mr Park explained that the investment bank “will provide a service to technology companies and specifically, will not compete with the investment community”.
“Quite the opposite,” he assured. “In fact, its model will be to help companies become investor-ready, bridge financing at a fair and reasonable margin above the investment bank’s cost of money, and will enable companies to strengthen their boards, their management teams, their documentation and their intellectual property portfolios.”
Chairman of the Nobel Sustainability Trust, Professor Michael Nobel, commented, “The official recognition of the award and the Nobel Sustainability Trust foundation expressed during this CleanEquity Monaco conference is of outmost importance, both to the organisation and myself. The tremendous value of such a recognition being confirmed by a world-renown expert in the field like HSH Prince Albert in a plenary session of a meeting of this type cannot be underestimated."
Professor Nobel went on to say, "The issue of sustainability has in recent years become vitally important for mankind's wellbeing and even chances of long term survival. It goes far beyond what was thought necessary or important in earlier times. This is also why it has become so important that all of humanity, and not only special interest groups, recognises that sustainability policies needs to become and remain an integral part of our activities in order for us to prosper. Actions and words by recognised world leaders in the field, like Prince Albert, help create and reinforce such beliefs."
Following the groundbreaking announcements, Prince Albert, who will celebrate his 60th birthday on Wednesday March, 14, presented the three CleanEquity Awards, designed this year by American conceptual artist Darren Bader.
The awards winners were: Superdielectrics for Excellence in the Field of Environmental Technology Research; NanoSpun for Excellence in the Field of Environmental Technology Development; and BBOXX for Excellence in the Field of Environmental Technology Commercialisation.
Over the two days, twenty-seven companies presented at the 11th edition of the invitation-only CleanEquity Monaco.
“It’s the people assembled in this room that help turn science fiction into science fact,” said Prince Albert and their clean technologies are testament to his long-standing commitment for the Principality to be a model green country, which respects the natural environment and subscribes to be carbon neutral by 2050.
Article first published on March 13, 2018.
READ ALSOMonaco Life's Exclusive Interview with HSH Prince Albert
[caption id="attachment_13423" align="alignnone" width="640"] Photo: Mark[/caption]
A father and his two young daughters were swept into the sea by a large wave while out walking along the coast in Marseille on Saturday evening.
The younger daughter, age 4, died overnight in hospital while her 8-year-old older sister has yet to be found. The father, 43, was rescued from the water by a fisherman, the local press reported. Two specialised rescue boats and a helicopter took part in a search for the missing girl, but the mission was abandoned at 9:30 pm.
Waves of 2.5 metres were crashing against the coast at the time of the tragedy and the water temperature was 12 degrees. Eleven French Departments were placed on orange alert on Saturday morning, including the city of Marseille. Local authorities routinely issue alerts and advise residents not to use coastal paths during stormy weather.
[caption id="attachment_6915" align="alignleft" width="286"] Palais de Justice Monaco Photo: Niels Mickers[/caption]
A citizen of the Netherlands with a fondness for the highlife in Monaco has appeared at the Monaco Criminal Court accused of not paying his restaurant bill.
On November 15, the 33-year-old visitor ran up a large bill at the Café de Paris for food and drink, including cold dishes, lobster, champagne and premium whisky. The bill was €665, which he could not pay. The defendant told the court that he wanted to go to the Consulate of the Netherlands to ask for money. He became agitated and was taken to Princess Grace Hospital.
The court heard that four days previously he had been unable to pay a bill of €1,280 at the Hermitage, which included Cristal Roederer for €800. He will be ordered back to court for a further hearing for the earlier offences.
Arguing that it was not clear if the defendant had been unable to pay or had refused to pay, his lawyer called for an acquittal. “He had only drunk too much,” the lawyer said.
The court sentenced the accused to 15 days in prison.
Article first published December 20, 2016.