Manchester, UK – 11th March 2019: SG.GS, the global network provider with a focus on Asian interconnectivity has extended its network reach into Europe, North America, Africa and the Middle East through a collaborative partnership agreement with IX Reach. The agreement gives SG.GS and its customers access to all of IX Reach’s 170+ global network locations including its 11 Metro DWDM locations in key cities and enables them to use it as their own.
IX Reach, the global leader in SDN cloud connectivity, remote peering, Ethernet and DWDM connectivity has opened up its entire global network to SG.GS and its customers allowing them to take advantage and benefit from IX Reach’s long-standing, worldwide partnerships with major data centres.
In addition to accessing an enhanced, reliable and low-latency network, SG.GS and its customers will also be able to utilise IX Reach’s full portfolio of services including SDN Cloud connectivity, remote peering solutions to over 50 Internet Exchange Points and IX Reach’s own colocation suites in two of the biggest UK cities: London and Manchester.
“We’re delighted SG.GS has chosen to trust IX Reach in order to extend its network connectivity and further enhance its European and U.S. capabilities,” said Simon Vye, CEO at IX Reach. “Our robust and resilient network is relied upon by some of the biggest names in the tech and digital worlds and we know that SG.GS’s customers will quickly see the benefits of this new partnership with expanded access to new platforms and ecosystems.”
IX Reach is the clear first choice for global connectivity and remote peering access to any of the 50 global peering platforms thanks to its its broad and far-reaching global network which includes major cities across Europe, North America, Africa, the Middle East and Asia plus extensive metro connectivity in 11 key locations.
For more information on IX Reach’s partnerships and to learn how you could benefit, please visit ixreach.com
IX Reach is a global solutions provider offering SDN direct interconnection to all major cloud providers, remote peering at key Internet Exchanges, high-speed point-to-point/multipoint ethernet private line, IP BGP transit and colocation.
We offer a portfolio of cost effective network services enabling carriers, ISPs, content and service providers to quickly and easily increase their network footprint and connect to the cloud without the need to invest heavily in owned infrastructure.
Discover new markets and endless possibilities with IX Reach visit www.ixreach.com. To speak to a member of the team about our services, please email or call us:
enquiries@ixreach.com
Europe:+44 845 013 0845
USA: +1 877 671 4734
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The personal-finance website WalletHub today released its latest Credit Card Debt Study, which found that consumers racked up $67 billion in credit card debt during 2018, sending outstanding debt to an all-time record high. WalletHub also released its nationally representative 2019 Debt Survey, which highlights consumers’ feelings about over-borrowing, including the fact that 156 million Americans admit they’d go into debt for frivolous purchases.
The debt picture is worrisome nationwide, but some areas have bigger payment problems than others. WalletHub also compared the amounts owed to credit card companies by people in more than 2,500 U.S. cities – specifically, how those balances changed in 2018. You can find a handful of highlights from these reports below.
Cities with the Biggest Debt Increase
Cities with the Biggest Debt Paydown
Huntington Beach, CA
Tempe, AZ
Denton, TX
West Valley City, UT
Springfield, IL
Norman, OK
Murrieta, CA
High Point, NC
Wichita Falls, TX
New Bedford, MA
San Mateo, CA
Yakima, WA
Germantown, MD
Miami Beach, FL
Greenville, NC
Champaign, IL
Newport Beach, CA
Santa Fe, NM
Hoover, AL
Warwick, RI
** Expert Commentary & Key Findings **
Key Findings:
Expert Commentary:
We’ve got a problem and we know it, but there are bigger fish to fry right now. That’s the sentiment being expressed by a majority of Americans at the moment, according to new research from the personal-finance website WalletHub, as we continue to both set new credit card debt records and point fingers about who is really to blame. After adding $67 billion in new credit card debt to our tab in 2018, U.S. consumers began 2019 owing a total of $1.03 trillion to credit card companies, according to WalletHub’s Credit Card Debt Study. We’re on pace to add another $60+ billion in credit card debt during 2019, too.
Despite this pattern of overspending, which barely missed a beat following the Great Recession, 9 in 10 Americans believe their personal finances currently are managed better than the federal government, according to WalletHub’s nationally representative credit card survey.
Why? The contentious political climate clearly has a lot to do with this sentiment, but not everything.
“There is a general resentment towards the way government uses funds … but personal finances are not run better than the government. I think the main difference is the sense of control,” Francis Reyes, an assistant professor of economics at Western New Mexico University, told WalletHub. “People might think that they have a say on their personal finances, while they feel that they are not part of the process of deciding the allocation of resources at the federal level.”
For many, desperate circumstances necessitate desperate measures. Some people also seem to have a dependence on debt that’s bordering on addiction. Others simply may not grasp just how debilitating of an effect significant credit card debt can have on our finances, both personally and as a nation.
Otherwise, it’s difficult to justify how more than 6 in 10 people could admit they would go into credit card debt for “frivolous” purchases, as the respondents in WalletHub’s survey did.
“Credit card use for frivolous purchases is a habit that you develop over time; you have done so for a long time and you got used to it,” said Demetri P. Tsanacas, a professor of business at Ferrum College. “Old habits are hard to give up.”
There may be a silver lining, however. At least people are being open about their personal finances, which is not always easy. For example, 21% of WalletHub’s survey respondents said they’d be more comfortable baring all physically than exposing themselves financially. And that figure jumps to 30% among men.
People with credit card debt also seem eager to do whatever it takes to change their circumstances. In fact, more than one-third (36%) say they would do anything to get out of the hole. Now, that might be going a bit too far, but it’s the thought that counts, right?
“It is a very dangerous mindset,” said Sahar Bahmani, an associate professor of economics at the University of Wisconsin-Parkside. “For those who are struggling with credit card debt, you have to be very mindful of the fact that you should and need to be saving regularly.”
Still, it’s good to see some urgency in addressing this topic. More than 9 in 10 people say they are at least one year away from debt freedom. That timeline could get a whole lot longer if the economy takes a tumble first, however.
For one thing, balance transfer offers are about as attractive as they’ve ever been, capable of saving consumers hundreds of dollars in finance charges and helping them get out of debt much sooner. But such offers largely disappeared during the Great Recession. Furthermore, an economic disruption could make everything less affordable, leading to increased delinquency rates and a downward spiral of financial pain…if we’re not careful.
“Where the problem arises is when borrowers accumulate large credit card debt they can really not afford during a period of economic growth, and then suffer a job loss or reduction in income during a recession,” said Kevin Jacques, the Murch Chair in Finance at Baldwin Wallace University. “My advice is that while the economy is growing, develop a step-by-step plan as to how you are going to get out of credit card debt. Stick to that plan and recognize that you may be vulnerable should a recession occur. Plan accordingly and in your step-by-step plan, decide how you would continue to work to pay off your credit card debt should you suffer a loss or reduction in income.”
So, make getting out of debt and adopting sustainable spending habits top priorities now. Your wallet will thank you later.
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Paul Swenson of Colonial Flag Foundation recognized with a 2018 Professional Education and Training Leadership Award for Integrated Online Training Programs
SALT LAKE CITY, UT, USA, March 11, 2019 /EINPresswire.com/ -- Education Services LLC is proud to recognize Paul Swenson of Colonial Flag Foundation with a 2018 Professional Education and Training Leadership Award for Integrated Online Training Programs.
Paul is being recognized for his vision and leadership in creation of a sophisticated Member Resources Area on the HealingField.org web site to support committee members and volunteers with on-demand access to training and other resources important to the success of their events.
Since 2003, civic, service, Rotary, and other nonprofit organizations supported by the Colonial Flag Foundation have planned and executed more than 850 events and raised more than $40 million for local charities and causes under the Healing Field, Field of Honor, and associated themes. These events generate awareness, raise funds and educate the public on issues that are important to them.
Before this breakthrough, committee members were trained through traditional means, primarily by reading through binders full of materials and participating in one-on-one coaching phone calls. Now, with the new Member Resource Area, committee members have access to nine interactive, media-rich training modules thoughtfully designed to guide each committee member through the entire process of planning and executing a successful event.
Even experienced committee members have said that the new Member Resource Area and integrated online training has helped them plan and execute more successful events by making the content more accessible and understandable. The system is available 24x7 through any PC, tablet, or cell phone with a web browser and many participants access the system through more than one device.
Congratulations to Paul Swenson and the whole team at Colonial Flag Foundation on this exceptional achievement!
About Paul Swenson and the Colonial Flag Foundation (https://www.healingfield.org/)
The Colonial Flag Foundation is a Utah-based 501(c)(3) non-profit that assists other charities, causes and community awareness issues in making their message and needs known through patriotic displays of flags and memorials.
Back in 2001, Paul Swenson organized a Healing Field memorial event as a way to heal America and commemorate the lives of those lost in the September 11th terrorist attacks. The first Healing Field took place in 2002 with Swenson committing his resources and energy to forming a foundation that would assist other communities looking to host similar events. Over the past 14 years, hundreds of communities across America have hosted Healing Fields or Fields of Honor to raise money and awareness for a growing array of causes.
The Healing Field display is the premiere program of Colonial Flag Foundation. It is utilized by a wide variety of civic, service and other non-profit organizations to generate awareness and educate the public on issues that are important to them. The program is also used as a means to raise funds for the hosting organization or another cause important to the community.
Since the first Healing Field, the programs of Colonial Flag Foundation have expanded beyond healing memorials to include moving tributes of honor, celebration, civic pride, education and more. The Field of Honor is the natural result of that growth. Like the Healing Field, the Field of Honor display is utilized by a wide variety of civic, service and other non-profit organizations to generate awareness and educate the public on issues that are important to them. The program is also used as a means to raise funds for the hosting organization or another cause important to the community.
“These special displays of fields of American flags have helped to honor the sacrifice of our service men and women, raise awareness for the tragedy of child abuse or domestic violence, honor veterans past and present, raise awareness for heart disease and cancer and more,” states the foundation’s website. “From Patriot Day to Veterans' Day to declaring your own day to honor those currently serving in the armed forces, Healing Fields and Fields of Honor are making a difference all across this land.”
For additional information the Colonial Flag Foundation and its Healing Field and Field of Honor programs, visit http://www.healingfield.org.
About Education Services LLC (https://www.edsvcs.com/)
Education Services LLC is a professional services firm specializing in workforce training and performance management through use of applied learning science and modern learning technology. Services include consulting, program design, creation of online and blended learning programs, learning technology evaluation and selection, and development and operations of custom learning platforms. The company supports learning systems running in private and public cloud infrastructure and AWS GovCloud.
See more in the Colonial Flag Foundation showcase page at https://www.edsvcs.com/colonial-flag-foundation/
