Edited, as of May 15, 2020. As the coronavirus (COVID-19) continues to affect local communities and global economies, you may be wondering about how recently passed legislation impacts your business. Of all the relief programs available as of today, the small business funding program is possibly one of the most impactful to your business. On March 27th, 2020, Congress enacted the Coronavirus Aid, Relief and Economic Security (CARES) legislation (Public Law No.: 116-136), a $2.2 trillion federal coronavirus relief package including...

April 2020 FX Outlook In March,  the G10 and many emerging market countries, governments, and central banks unveiled large emergency measures.  The motivation is to blunt the economic impact of the novel coronavirus that has seen more than two billion people around the world have their movement restricted. Large swathes of the world's economy have shut down.  The nature of the shock means that the first countries to push its companies to re-start, and especially export-oriented countries, such as China,...

In times of crisis, nonprofits are often on the front lines helping communities cope and recover. The COVID-19 pandemic finds many of these same organizations sidelined due to mandatory closures, statewide quarantines, decreased donations and their own concerns for employee safety. As your nonprofit plans its response efforts to recover from the loss of programming, canceled events and impact on your workforce, here are the top action items that your leadership team should be addressing or considering: Comply with new FMLA...

In the current COVID-19 context (“coronavirus,” for simplicity), companies should map their contractual rights and obligations to determine whether risks exist and, if so, what mitigation actions could be put in place. This risk analysis can be made in a very short time (that is, a few hours or even less than an hour) with the support of artificial intelligence. We have adopted an artificial intelligence platform in 2017 and, to support companies in this emergency situation, we will contribute...

#SocialDistancing is a term that government and health authorities came up with to drive home the idea that people must self-isolate in order to combat the COVID-19 outbreak. But social distancing is not precisely what we are doing… and that is not a bad thing. What we are doing is physically distancing while socially connecting. (I can thank my friend Roberta Sydney for that revelation.) The truth is that many people may be more socially connected than they have ever...

In response to the coronavirus pandemic, RavenPack, a leading provider of big data analytics, has launched a live and interactive website to help navigate the oceans of information currently available on the novel coronavirus and its impact on world affairs. The free Coronavirus News Monitor can be accessed on https://coronavirus.ravenpack.com/ CONTINUE READING... Compliments of RavenPack International SL - a member of the EACCNY.

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), a roughly $2 trillion coronavirus response bill signed into law yesterday, is intended to provide widespread emergency relief for Americans and the country’s economy. In addition to its benefits for individuals, the bill provides aid for small businesses, large corporations, hospitals and public health agencies, and state and local governments. Among its provisions for small businesses are emergency grants and a forgivable loan program for companies with 500 or...