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Why choose Prezi for your next presentation?
Posted May 18, 2016
Prezi may be a good alternative to Powerpoint when creating your next presentation.
Prezi includes dynamic functions, allowing for more creativity and depth when designing a presentation. Unlike the linear slide format of Powerpoint, Prezi begins with a large canvas and allows the user to easily add text, vertical or horizontal images, video, and audio to slides anywhere in that space. The user can jump around the canvas to different slides during the presentation, which is great for making changes to the flow of slides on the fly. The unique Prezi functions are fun to use, however it’s easy to overdue it with the “bells and whistles” when starting off. Make sure you’re using the additional features in a relevant way that will enhance your presentation, not hinder it.
For instance, the “zoom” feature is a great tool for targeting detailed information within your presentation. You can start with a large canvas, zoom into your first main slide, then zoom again or pan around that slide to show a detailed area within it. It’s a different way to engage the viewer, and to break up content when moving through multiple slides. But again, if used too much, this function can be more distracting than engaging. Too much animation and zooming can even cause viewers to get headaches or become dizzy, so it’s best to use this sparingly.
Note that Prezi is a web-based program. Your Prezi can easily be embedded in blogs and web pages, or can be loaded on various devices without having to download a program onto your computer. There are templates available with the program that include specific fonts, graphics, and color schemes to start with, just like Powerpoint. You can also customize your presentation if you want to use advanced features. The basic version is free, but if you get into theme customization and offline versions, there are different program fees depending on your needs.
Prezi is great for breaking out of the linear mold. It’s a new take on developing traditional slide presentations like Powerpoint, and a fresh way to keep viewers engaged. It’s also great for those who want to learn a new tool. But just remember, people come to a presentation for interesting information, not just the flashy graphics.
Find out more at prezi.com .
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Unlocking training excellence: Din Tai Fung’s Prezi journey
Get your team on prezi – watch this on demand video.
Naba Ahmed February 20, 2024
At the heart of restaurant group Din Tai Fung ‘s success lies a commitment to innovation. This ethos extends beyond their culinary expertise to every aspect of their operation, including employee training. Under the guidance of Ernie Zavaleta , Head of HR at Din Tai Fung, the company sought to improve its training approach with Prezi. What began as a rediscovery of Prezi quickly evolved into upgrading training modules and presentations across the organization.
Articulating ideas better with Prezi
Ernie recently rediscovered Prezi and decided to use it to create a welcome Din Tai Fung training module competency series. That’s where he received an overwhelmingly positive response. Afterward, he urged the company to invest in the software because “Prezi helps him to articulate ideas”. This would provide the solution for what they were looking for.
The Din Tai team was looking for a tool to:
1) support their creation and retention of training modules;
2) create presentations for upper management and department meetings;
3) elevate aesthetics on how they present to their restaurant managers, operation leaders, and prospective and new hires.
Ultimately, Prezi was the answer to their question and offered the features and functionalities needed to easily create impactful presentations. “Especially with training, it’s helpful to start with the Prezi presentation overview to organize my thoughts and then break them down into topics and subtopics. It helps to organize content and present it in a straightforward fashion,” Ernie said
Empowering presentation excellence
The company has taken to Prezi quickly, so much so that Justine Elloqui , Training Coordinator, and Lauren Ramirez , Risk Administrator, have become the unofficial Prezi experts. They both are responsible for creating training materials and presentations in Prezi.
Justine shares they opted to move toward Prezi because “One, Prezi doesn’t require a huge learning curve while still looking very presentable and consistent across the board. And two, consistency was something that we desperately needed in our training department. It’s really nice we were able to introduce Prezi and use this from the ground to the corporate level.”
How Prezi improved Din Tai’s training process
What was once a time-consuming process packed with extensive PDF documents and PowerPoint and Google Slides limiting presentations has now evolved into a dynamic, interactive experience that enhances engagement and understanding.
Ernie simply expresses the unanimous sentiment among the team: “At this point, everyone’s pretty sold on Prezi.” Now, they’re using Prezi to create training presentations for onboarding, employee work injuries, and restaurant positions.
Previously, their training materials were made up of documents that were overloaded with information or created on slide-based presentation tools that were limiting for collaboration and weren’t very intuitive, Lauren says. Now, she’s using Prezi to create and launch restaurant, manager, and team training on how to approach work injuries.
On Justine’s end, she’s working on converting 150 pieces of training to Prezi for different restaurant positions to make them “more engaging and visually appealing.” Once these pieces of training are reviewed and finalized, they’re going to roll it out to their 200+ global locations.
Currently, she averages transitioning four presentations per week and says that it’s been easy to “learn on the fly without any prior training.”
Here’s how Justine approaches converting the current training material to a Prezi:
- Justine sifts through the PDF document to determine how she can break it down into topics.
- From there, she starts laying it out in Prezi to see how she visually wants to present it.
- She adds the rest of her content.
- Final touches, updating text sizes, and adding intentional zooms.
Prezi’s impact on the Din Tai Fung team
For their first inaugural Din Tai Fung conference, which brought together all general managers, executive kitchen managers, the operations team, and the corporate office, the executive team presented their vision for the future. With Prezi as their canvas, they painted a vivid picture of their purpose and mission, delivering a message that resonated deeply with every attendee.
“We’ve had very, very positive responses in terms of the reception from people in the audience,” Ernie said. “Great presentations, great content, great visuals – resounding consensus from the crowd.”
At the conference, they were able to leverage some of their new restaurant renderings as the backgrounds in Prezi which elevated the wow factor and made it even more impactful, Ernie says.
Building on this success, Justine expanded the reach of her training initiatives by delivering captivating Prezi presentations on the takeout process to a broader audience of employees. The response was resoundingly positive, with many expressing admiration for the visually appealing and easily digestible content. “The reaction from most people was ‘Wow, that looks really nice, it’s really easy to read.’ I think the overall impact of it has been pretty positive,” noted Ernie.
From Lauren’s end, she has observed a significant improvement in collaboration and engagement since integrating Prezi presentations into meetings. Specifically, the use of topics makes it easy to pause and address any relevant questions.
“In those transitions, it offers up natural places for conversations to be had which have really increased our engagement with presentations.”
Additionally, Lauren emphasized the versatility of Prezi in catering to diverse learning styles. “The visual aspect of it allows our audience to literally follow us down different thought processes. For this same reason, it has been really fun to collaborate with different managers on these presentations – it gives greater insight into what their thoughts look like.”
Prezi’s Team license benefits
The L&D department has been using Prezi the most, but also the recruitment team has been using it to develop some content to appeal to candidates and prospective hires. It’s making its way throughout the company, especially because they signed up for a Team license.
A Teams license with Prezi allows their team to have access to:
- Powerful collaboration tools
- Cloud-based access and convenience
- Conversational presentations you can adapt on the fly
- Real-time analytics to optimize your efforts
- Account manager
- Personalized training + 24-hour support
- Brand kit + branded templates
Empowering engagement and efficiency: Prezi’s impact at Din Tai Fung
Prezi has not only empowered Din Tai Fung to deliver presentations more effectively and efficiently but has also facilitated its widespread adoption across multiple departments, including Compliance, Learning & Development, Risk, People Development, and segments of Marketing. With topics and subtopics, Prezi offers audiences a structured outline of presentations, fostering greater interactivity and engagement.
“I prefer Prezi because you can give your audience a preview of what’s coming by seeing the layout,” Ernie said. “The visuals allow you to connect the dots without having to say it.”
With the added advantage of a Prezi Teams license, Din Tai Fung is well-equipped to elevate its organizational practices. Whether it’s for training sessions, weekly meetings, or presentations, creating and sharing content is easy and efficient. In fact, the team’s commitment to excellence is evident. The team has already created 50+ trainings and they’ve asked employees to rate the new trainings. Of the responses they’ve received, 80% have rated it a 5 out of 5.
“Overall, Prezi has really enhanced our quality of work and level of engagement,” Lauren concluded.
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How do I see other people's prezis?
how do I see other people’s prezis?
Due to the fact that currently discoverable presentations are not indexed in search engines, if you would like to see another person’s presentations they need to send you a view link or share them with you.
Timely help needed: I am trying to share my Prezi classic presentation with others online (not offline) at: https://prezi.com/p/6ftmxicfswqn/ . I am paying a monthly fee (Classic) for others to view it. I can see it just fine on my laptop where I am logged in but not on my other devices. I also tweeted it but people get the 404 error which says it is a private presentation. I can’t seem to change it to public anywhere using the pencil icon as directed in the Help directory. Several legislators also want to see it. Can someone fix it for me right away? Thank you so much!!!
@Janette_Dean Are you in Chrome? Do you see the 3 dots in the lower right corner of your thumbnail? Hopefully yes. Click on that. Choose Privacy and sharing. Then make sure you choose the center circle “People with the link” option. Maybe try a new link after that, just to check?
Sorry if this is a repeat of the Help instructions, I’m not in there, just sharing what I can do with my own account… I’m not a Prezi rep but thought I’d try…
Thank you, PI! I found that after using the right arrow key on the thumbnail on My Prezis page. However, they offer a different presentation link there so I think I have to use that one which I am now doing: https://prezi.com/view/ClzKezAQAEDP4lV9dBHb/ . I don’t know how I got the other shorter one that works only for me I guess: https://prezi.com/p/6ftmxicfswqn/ (no way to access that in a way to choose to make it public).
Glad to hear! Not sure about why the other is “locked” but might be worth troubleshooting for future.
Hello, @Patricia_Angelica . I understand how it could be useful and why it is inconvenient. We are reporting it to the product team.
In the meantime, maybe your professor could share view links or add people as collaborators, as discussed here ?
Registration Is Now Open for the Next Healthy People 2030 Webinar, “Planning for Individual and Community Health”
The Office of Disease Prevention and Health Promotion (ODPHP) is pleased to announce its next Healthy People 2030 webinar: Planning for Individual and Community Health . This webinar will take place on Tuesday, March 19 from 2:00 to 3:00 pm ET. To register, please visit the Healthy People 2030 Webinar Series Registration page . Continuing Education Credits* (CEs) are available.
During this one-hour event, ODPHP will present on the webinar’s four featured objectives related to public health infrastructure and planning. The webinar will also feature a presentation by the Centers for Disease Control and Prevention’s National Center for Health Statistics to share the latest data on the four featured objectives and a presentation by Healthy People 2030 Champion, the Association of State and Territorial Health Officials, on their efforts to address public health infrastructure at the state and local levels.
The four Healthy People 2030 objectives to be featured during the webinar are:
- AHS-01: Increase the proportion of people with health insurance (Leading Health Indicator)
- PHI-04: Increase the proportion of state and territorial jurisdictions that have a health improvement plan
- PHI-05: Increase the proportion of local jurisdictions that have a health improvement plan
- PHI-08: Increase the proportion of tribal communities that have a health improvement plan
To register, please visit the Healthy People 2030 Webinar Series Registration page .
About the Series: Throughout the decade, the Healthy People 2030 Webinar Series will feature the latest data on the Leading Health Indicators, Overall Health and Well-Being Measures, and Healthy People 2030 objectives.
* Following the webinar, participants will receive instructions on how to obtain CE credit and certificate.
Nursing Accreditation Statement This nursing continuing professional development activity was approved by the American Public Health Association’s Public Health Nursing Section Approver Unit, an accredited approver by the American Nurses Credentialing Center’s Commission on Accreditation. Medicine (CME) Accreditation Statement This activity has been planned and implemented in accordance with the Essential Areas and Policies of the Accreditation Council for Continuing Medical Education through the joint sponsorship of the American Public Health Association (APHA) and the Office of Disease Prevention and Health Promotion (ODPHP). The APHA is accredited by the ACCME to provide continuing medical education for physicians. Designation Statement: The APHA designates this educational activity for a maximum of 1.0 AMA PRA Category 1 Credit (s)™ per webinar. Health Education (CHES) Statement Sponsored by the American Public Health Association (APHA), a designated approver of continuing education contact hours (CECH) in health education by the National Commission for Health Education Credentialing, Inc. This program is designated for Certified Health Education Specialists (CHES®) to receive up to 1.0 total Category I contact education contact hours per webinar.
Related Healthy People 2030 topics:
- Social and Community Context
Related Healthy People 2030 objectives:
- Increase the proportion of people with health insurance — AHS‑01
- Increase the proportion of state and territorial jurisdictions that have a health improvement plan — PHI‑04
- Increase the proportion of local jurisdictions that have a health improvement plan — PHI‑05
- Increase the proportion of tribal communities that have a health improvement plan — PHI‑08
The Office of Disease Prevention and Health Promotion (ODPHP) cannot attest to the accuracy of a non-federal website.
Linking to a non-federal website does not constitute an endorsement by ODPHP or any of its employees of the sponsors or the information and products presented on the website.
Preserving people’s freedom to use a public means of payment : insights into the digital euro preparation phase
Introductory statement by piero cipollone, member of the executive board of the ecb, at the committee on economic and monetary affairs of the european parliament.
Brussels, 14 February 2024
Thank you for the opportunity to speak before the Committee today. As I emphasised during my confirmation hearing, I am committed to actively pursuing the dialogue with the European Parliament on a digital euro.
This year marks the 25th anniversary of the euro and our monetary union. It is up to us to ensure both remain fit for the digital age. The Single Currency Package [ 1 ] will help us achieve just that: first, by ensuring cash remains widely accessible and accepted; and second, by complementing cash with a digital option for paying with central bank money.
A digital euro would be a European means of payment which could be used free of charge, for any digital payment, anywhere in the euro area. Together with cash, a digital euro would preserve European citizens’ freedom to use a public means of payment.
Yet, we are at risk of taking this freedom for granted. In my previous role, I received countless letters from mayors of communities – in mountainous regions for instance – who expressed concerns about increasingly long distances to the nearest ATM.
Cash and a digital euro have the same objective: ensuring that everyone, regardless of their income, can pay in any situation of daily life. This is a fundamental right. And it should be protected in the same way in all parts of the euro area.
This is a timely moment to discuss a digital euro. As co-legislators, you are currently debating the European Commission’s legislative proposal, while the Eurosystem initiated the digital euro preparation phase last November. [ 2 ]
Your legislative deliberations frame our technical work, and they will continue to do so. The Eurosystem stands ready to provide technical input to European co-legislators as needed. Let me assure you that the ECB’s Governing Council will not take any decision about the issuance of a digital euro until the legislative act has been adopted. This constitutes the framework within which the digital euro will be established as legal tender. We will of course remain fully accountable at all times and will keep you continuously and closely informed about the Eurosystem’s progress towards a digital euro, not just at this stage but also after the legislative deliberations have concluded.
Let me now update you on four key issues that are central to our preparation phase: i) search for possible providers to develop a digital euro platform and infrastructure; ii) preparing the digital euro rulebook; iii) ensuring the stability of the financial system; and iv) last but not least, offering a higher level of privacy when making digital payments.
Searching for possible providers to develop a digital euro platform and infrastructure
At the beginning of this year, we started the selection process to find possible providers who could potentially develop a digital euro platform and infrastructure. [ 3 ]
Let me be clear: we are not launching any of the development work now. Instead, we want to establish framework agreements that could be used in the coming years to develop the relevant components if the decision to launch the digital euro is taken. [ 4 ] We need to be prepared for such an event. Our readiness would be compromised if we started searching for possible suppliers only after that decision is made. However, we are not tying our hands in any way by sourcing potential suppliers now. The agreements will be sufficiently flexible to accommodate the legislative deliberations or technological advances. And if we were to take the decision not to launch a digital euro, we would not sign any contracts.
Closer engagement with external providers will provide us with insights into the technological options available and the choices to be made. This is particularly crucial for components that are not yet on the market, such as the offline digital euro functionality.
To strengthen our autonomy, resilience and security, a digital euro would rely on a European infrastructure. Accordingly, only legal entities with registered offices in the EU and controlled by such entities or EU nationals [ 5 ] will be eligible to participate in the procurement process. [ 6 ]
At this stage, we have issued calls for applications to establish framework agreements with potential providers of digital euro components and related services.
We will publish the outcome of the subsequent public tender process on our website.
Preparing the digital euro rulebook
There is currently no single European digital means of payment that is universally accepted across the entire euro area. This forces Europeans – consumers, merchants and banks – to rely on ever more expensive international card solutions for daily payment activities. Fees applied by international card schemes almost doubled between 2016 and 2021 in the EU. [ 7 ] And even these international card solutions cannot be used everywhere.
A digital euro would remedy this situation, breaking Europe’s long-held dependency and fostering competition. To this end, everyone in the euro area should be able to make or receive payments in digital euro, irrespective of their intermediary or country of origin – as is currently the case for cash.
This is why we need a digital euro rulebook. We are working on a draft rulebook together with representatives of consumers, retailers and intermediaries. [ 8 ] We have recently published a report on our progress in this area. [ 9 ]
The rulebook will define a single set of rules, standards and procedures for the digital euro that will ensure its harmonious implementation. This will guarantee, for example, that someone from Finland will be able to pay with digital euro as easily and in the same way in Lisbon as they can back home in Helsinki.
A digital euro would thus provide an alternative infrastructure for all day-to-day payments , which could be used by payment service providers and schemes, such as the European Payments Initiative, Bizum or Bancomat, to roll out instant payment-based solutions across the euro area. This would reduce our dependence on non-European players while fostering competition among European players.
By analogy: the digital euro infrastructure could be seen as a common European railway, on which different companies can operate their own trains and compete for customers without needing to deploy their own private tracks, as is the case with today’s payment system. In addition, private payment service providers could launch new and innovative products or extend their scope beyond existing use cases and domestic markets. This would be a marked improvement on the current situation.
Ensuring the stability of the financial system
There is a growing public preference for digital payments. [ 10 ] But central bank money is, for now, only available in physical form – cash. So, if we do not offer a digital euro, we run the risk that central bank money could be crowded out of payments.
Our objective is to preserve the role and share of central bank money in payments, not to displace private money. As clearly stated in the European Commission’s legislative proposal, preserving the role of central bank money should not come at the expense of other objectives, such as protecting monetary policy transmission or financial stability. And we are in any case bound by these objectives, which are at the heart of the ECB’s mandate.
That is why we have included safeguards in the design of a digital euro.
First, as is the case for euro banknotes, digital euro holdings would not be remunerated and hence would not compete with savings deposits. [ 11 ] And banks could always offer higher remuneration to retain deposits. This would benefit savers and could in fact increase the deposit base, supporting bank lending. [ 12 ]
Second, there will be limits on the amount of digital euro that can be held by individuals. And while businesses and public sector organisations could receive and process payments in digital euro, they could not hold any. [ 13 ]
Third, users could pay with digital euro online without prefunding their wallets, by seamlessly linking their digital euro account to a payment account with their bank. This would offer them the convenience of being able to make and receive online payments, even above their digital euro funds and the holding limit. [ 14 ] However, if people want to use the offline functionality, they would need to prefund their offline wallet. Just like today with people having to withdraw banknotes in order to use cash.
These features show that a digital euro is being designed as a means of payment and not as a form of investment. And it will preserve the role of intermediaries, contrary to alternative solutions offered by technology firms, which will have no such safeguards. [ 15 ]
We have just started to develop the analytical framework and models that would be used to determine the holding limit. This limit will be set to preserve financial stability, having considered the impact on different bank business models and on monetary policy transmission and implementation.
This is a Eurosystem-wide endeavour, and we will engage with banks and other market participants to properly set out the necessary assumptions and define the analytical methodology. We will share our findings with you and the general public. Let me assure you that financial stability considerations are central to our thinking as they underpin our ability to pursue our price stability mandate.
Offering a higher level of privacy in digital payments
Let me now turn to one of the most important design features of a digital euro, namely privacy. We welcome the high standard of privacy and data protection provided for under the proposed regulation. Ultimately, this is for the European co-legislators to decide.
On our side, we are determined to not only protect but enhance privacy in payments.
First, we already provide cash, the payment instrument that offers the highest level of privacy. We are determined to continue to do so, as demonstrated by our ongoing efforts to produce the third series of euro banknotes. [ 16 ] We will continue to do everything in our power to ensure people can continue to have the option to pay with it. They value this option, and we are committed to maintaining it for them. [ 17 ]
Second, a digital euro will be usable offline. Paying offline in digital euro would be similar to using cash. Just like cash payments, it would require physical proximity and offer cash-like privacy: personal transaction details would only be known to the payer and the payee.
Third, a digital euro would allow people to make online payments with very high standards of privacy, higher in fact than what commercial solutions currently offer. The Eurosystem would not be able to identify people based on the payments they make. [ 18 ] We would only see a minimal set of pseudonymised data necessary to fulfil Eurosystem tasks, such as settlement. [ 19 ] And digital euro users would retain control over how their data is used by payment service providers , [ 20 ] who would have access to customer data to prevent illicit activities, such as money laundering or terrorist financing, [ 21 ] and also to fulfil their contractual obligations towards customers, while having to respect all applicable privacy protection regulations, such as the General Data Protection Regulation. In its Opinion on the digital euro, the ECB also suggests considering the possibility of offering increased privacy for certain low-risk, low-amount payments in digital euro in online mode. [ 22 ]
Fourth, we would implement state-of-the-art security and privacy-preserving measures to ensure privacy protection. And we will deploy strong governance safeguards. Independent data protection authorities will oversee compliance with EU data protection rules and regulations, which are the strongest privacy and security laws in the world. And provisions in the proposed regulation envisage data protection authorities being consulted at an early stage. [ 23 ]
Let me conclude.
The digital euro is a common European project.
First and foremost, it is about preserving everyone’s freedom to use a public means of payment anywhere in the euro area, even as payments go digital. And it is crucial to strengthen our collective resilience and autonomy in a more fragile global environment.
That is why it is so important to set an ambitious pace. But money is trust. The digital euro will need broad support. We are therefore committed to supporting your work as co-legislator. And we are engaging with all stakeholders.
In this spirit, I will continue to be available in order to engage with you throughout the preparation phase and beyond. Together, we can build the euro’s digital future.
In June 2023 the European Commission put forward two proposals to ensure that citizens and businesses can continue to access and pay with euro banknotes and coins across the euro area, and to set out a framework for a possible new digital form of the euro that the European Central Bank may issue in the future, as a complement to cash. See Proposal for a Regulation of the European Parliament and of the Council on the legal tender of euro banknotes and coins , European Commission, COM(2023) 364 final, 28 June 2023; and Proposal for a Regulation of the European Parliament and of the Council on the establishment of the digital euro , European Commission, COM(2023) 369 final, 28 June 2023.
For more information, see the letter from Piero Cipollone to Irene Tinagli, Chair of the Committee on Economic and Monetary Affairs of the European Parliament, on the “ Update on work of digital euro Rulebook Development Group and start of selection procedure for potential digital euro providers ” of 3 January 2024.
For more information, see ECB (2024), “ Calls for applications for digital euro component providers ”, MIP News , 3 January; and the letter from Piero Cipollone to Irene Tinagli, op. cit.
The resulting framework agreements could be used to develop the following digital euro components: i) alias lookup; ii) secure exchange of payment information; iii) fraud and risk management; iv) offline component; and v) a digital euro app and related software development kit. These framework agreements would include only part of the scope of the digital euro service to be offered, as other elements, such as the settlement component, would be sourced in parallel within the Eurosystem.
An ‘EU National’ means any legal entity with registered offices in an EU member state or any natural person that has the nationality of an EU member state.
The eligibility criteria that apply to applicants also apply to sub-contractors.
From 0.08% to 0.15% per transaction, see the Scheme Fee Study by CMSPI and Zephyre in 2020.
The Eurosystem established a Rulebook Development Group for the digital euro scheme to obtain input from the financial industry, consumers and merchants. The Group consists of 22 public and private sector experts with experience in finance and payments. See ECB (2023) “ Members of the Rulebook Development Group ”, 15 February. Over the past ten months, this group has been preparing a draft digital euro rulebook and will continue its work this year.
See ECB (2024), “ Update on the work of the digital euro scheme’s Rulebook Development Group ”, 3 January; and the letter from Piero Cipollone to Irene Tinagli, op. cit.
ECB (2022), Study on the payment attitudes of consumers in the euro area (SPACE ), December.
See ECB (2023), “ A stocktake on the digital euro ”, 18 October, which presents the findings of the investigation phase of the digital euro project and is the basis for the work during the preparation phase. See also “ Opinion of the European Central Bank of 31 October 2023 on the digital euro (CON/2023/34) ”.
See David Andolfatto, Assessing the Impact of Central Bank Digital Currency on Private Banks , The Economic Journal , Volume 131, Issue 634, February 2021, Pages 525–540. The paper finds that the introduction of a central bank digital currency has no detrimental effect on bank lending activity and may, in some circumstances, even serve to promote it. Competitive pressure leads to a higher deposit rate which reduces profit but expands deposit funding through greater financial inclusion and desired saving.
The payments received by businesses and public sector organisations would be transferred immediately to their commercial bank account. Any payments they make would be funded instantly from their commercial bank account.
The waterfall functionality would allow users to make or receive payments in digital euro above the holding limit by linking a digital euro account to a commercial bank account. When receiving a payment, this would allow automated conversion of retail central bank digital currency in excess of a holding threshold into a bank deposit held in a linked commercial bank account chosen by the end user. Similarly, a reverse waterfall would ensure that end users can make a payment even if the amount exceeds their current digital euro funds. Additional liquidity would be pulled from the linked commercial bank account and the transaction would be completed in digital euro at its full value.
The counterfactual to a digital euro is not a benign status quo. In the absence of a digital euro, the emergence of potentially dominant private operators in the digital payments market could have a strong impact on the financial sector. This is a real possibility, as demonstrated by PayPal’s recent decision to launch its own US dollar-denominated stablecoin for use in digital payments. Private providers of payment services, including PayPal, have no incentive to limit the take-up of their stablecoins or the range of services they offer. Quite the opposite: their objective is to expand their customer base and gain market share. See Panetta, F. (2023), “ Shaping Europe’s digital future: the path towards a digital euro ”, introductory statement at the Committee on Economic and Monetary Affairs of the European Parliament, Brussels, 4 September.
See ECB (2023), “ ECB selects “European culture” and “Rivers and birds” as possible themes for future euro banknotes ”, press release, 30 November.
While use of and preferences for cash payments are on a declining trend, the importance of cash remains high. Overall, 60% of the euro area population considered having the option to pay with cash to be very or fairly important. See ECB (2022), “ Study on the payment attitudes of consumers in the euro area (SPACE) ”, December. The Eurosystem cash strategy aims to ensure that cash remains widely available and accepted as both a means of payment and a store of value.
Together with technology experts, the ECB is considering all state-of-the-art security and privacy measures that could be suitable for a mass retail payment product such as a digital euro. Pseudonymisation, clear segregation of data, hashing and other cryptographic techniques would ensure that the Eurosystem would not be able to identify individuals making or receiving payments in digital euro. End users’ payment data would be pseudonymised so that they could not be directly identified and the Eurosystem could not link any of the data it processes to an identified end user. See also ECB (2023), op. cit. (footnote 7).
The design of the online digital euro would provide more privacy than current digital payment solutions in terms of the data visible to the central infrastructure provider for payment processing. In its role as digital euro infrastructure provider, the Eurosystem would not be able to identify the individuals behind digital euro transactions. Only PSPs would know the correspondence between end user actual identity and payments data processed by the central infrastructure provider. This is unprecedented in the area of electronic retail payments and would offer greater personal data protection compared with current payment solutions, which concentrate a large amount of payments data in the hands of infrastructure and scheme services providers, allowing them to connect it to end users.
This would include an opt-in rather than an opt-out for allowing payment service providers to process a user’s personal data for commercial purposes or to provide additional services. The digital euro scheme would ensure that users would be able to make an informed decision and would not be forced to allow use of their personal data (beyond what is necessary for compliance with legal requirements) in order to make full use of basic digital euro services. See ECB (2023), “ A stocktake on the digital euro ”, 18 October, section 6.2.
See Panetta, F. (2022), “ A digital euro that serves the needs of the public: striking the right balance ”, introductory statement at the Committee on Economic and Monetary Affairs of the European Parliament, Brussels, 30 March; and ECB (2022), “ Digital euro – Privacy options ”, presentation to the Eurogroup, 4 April.
See “ Opinion of the European Central Bank of 31 October 2023 on the digital euro (CON/2023/34) ”.
See Article 5(2) on Applicable law and Article 32(2) on General fraud detection and prevention mechanism, Proposal for a Regulation of the European Parliament and of the Council on the establishment of the digital euro , European Commission, COM(2023) 369 final, 28 June 2023.
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An expat’s confession: Why I miss the city by the Amur – Khabarovsk
When a resident of Moscow or St. Petersburg hears from a foreigner that they think Khabarovsk is one of the most beautiful cities in the country, there’s usually one expression that is visible on his or her face – bewilderment! Not too many people from Western and Central Russia know much about the city by the Amur River.
View of Khabarovsk
How does a city that is an 8-hour flight or a week’s train journey from the Russian capital hold its own with the country’s celebrated historic towns and cities? The Russian Far Eastern city of 600,000 inhabitants is just 163 years old and is much closer geographically to Beijing, Seoul and Tokyo than it is to Moscow or St. Petersburg. But, perhaps, it’s this physical distance from the European part of the country combined with a sense of a strong Russian cultural identity that actually makes Khabarovsk unique.
The Chinese border on the Bolshoi Ussuriiski Island is less than an hour’s drive away, but one would not believe it when walking around the streets of Khabarovsk. Nothing in the city even hints of its geographic Asian location. Being one of the biggest cities of the Russian Far Eastern Federal District, plenty of care has been taken to tastefully restore and maintain its pre-Russian Civil War (1917-22) architecture. Take a walk down the main thoroughfare, the Muravyev-Amurskiy street and you can’t help but marvel at the buildings that remind you of “Old Europe”.
A restored wooden beautiful house in the center of Khabarovsk
In fact, anyone familiar with St. Petersburg would just not be able to help himself from comparing Khabarovsk’s most famous street with the northern capital’s Nevsky Prospect. They both form the traditional heart of the old cities and lead straight to the riverfront. Dare I say that the Amur riverfront is more diverse and visually appealing than the embankment close to St. Petersburg’s Hermitage? This is on account of its special topography. There is a series of hills by the Amur from where you can get some fine views of the city, its sandy beach, an expanding skyline and the undisturbed opposite bank of the river.
Petroglyphs on the stones on the bank of Amur river
This city was meant to be a hub of high culture and this is clearly visible in its museums and regional music and drama theaters. While Khabarovsk celebrates its Russian heritage, there is also a great deal of pride it takes in the traditions of its indigenous peoples. Travel 75 kilometers north and you’ll not just find 14,000-year old petroglyphs , but also a settlement and museum of the Nanai people. The original inhabitants of the eastern edges of Russia are small in number, but since the fall of the Soviet Union, there has been an increased and concentrated effort to save the language and heritage of the Nanai, Evenk, Nivkh and other ethnic groups.
Khabarovsk railway station
Heritage and cultural treasures are everywhere you go in Khabarovsk. Hop on a 1950s tram and travel from the railway station (which was rebuilt in 1935) along the boulevards and main avenues of the city, through to its southern outskirts to see different architectural styles. You’ll cross red brick buildings, some of them dating back to the early 1900s, and move on to more colourful pre-Civil War buildings, nudging newer and modern structures and rebuilt cathedrals, before heading to an area, where Stalinist three-floor homes were built for those who were “more equal than others”.
Old Tram at the winter street of Khabarovsk
I usually hop off before the tram goes any further, since I’ve been told that the city’s ‘Pyataya Ploshadka’ neighbourhood has a notorious reputation.
Blessed weather, cursed weather!
Winter of 2019: It’s -30 degrees Celsius and I am being slapped silly on both cheeks by a bone-chilling wind and then I hear the following from a friend, born and raised in Khabarovsk: “You know, this is the mildest winter we have had in many years!” During that interesting winter of fluctuating degrees of cold, I travelled across the Tatar Strait to my old home, Sakhalin , where it was “just” 10 degrees below zero. I couldn’t help but think how stuffy it felt when I walked out of the Yuzhno-Sakhalinsk airport! I had forgotten about the extra layers of clothing I put on while leaving my apartment in Khabarovsk.
Winter of 2019
There’s a saying in Khabarovsk that the only place where people go for winter walks is from store to store. Such is the bone-chilling cold. So, that same winter, armed with a few extra layers of clothes on me, I walked around the city’s beautiful and frozen artificial pond just about every evening. The only company I had was the odd dog running around, while its impatient owner waited for the animal to “do its job” and head back home.
As cold as Khabarovsk is in the winter, it’s very sunny. Residents boast of it being the city with the third largest amount of sunlight in Russia. For a man from the tropics, where the sun is often seen as too strong and annoying, I smiled in amusement at this show of pride. But seriously, most Russian cities are beautiful in the summer and autumn when either the greenery or colourful foliage dominate the landscape, but Khabarovsk, with its lovely buildings, broad boulevards and avenues and large sodium-vapour lamps (no ugly white LEDs here yet), retains its beauty all year round, even in the winter. Of course, winter photography is a real challenge when you have to press the shutter button in such cold. Cameras and phones often freeze in that weather.
The freezing winters are great for those who like to sled, ice skate and take part in other winter sports. Even those who don’t have a great sense of physical balance on ice can take a long walk on the frozen Amur and prepare tea over an open fire on the opposite bank of the river. Others drive further out of town and over the river to try out a whole series of innovative ice sports.
The city’s Lenin Square is also a visual treat in the winters when it is home to a large number of ice sculptures.
Enjoying the outdoors
As in many other parts of the country, a Khabarovsk resident’s favourite pastime is complaining about the weather. Winters are too cold and summers are too hot! That’s right. It can be as hot and humid as Bangkok or Mumbai in Khabarovsk on a summer day, but it inevitably cools down at night when the fragrant flowers from the trees intoxicate you with an aroma that the finest perfumes of Europe can’t hold ground with.
Outside the Khabarovsk Airport in 2017
Khabarovsk feels like a Mediterranean paradise in the summer. Locals bask in the sun and tan on the beach by the Amur. That is, those who have not made a beeline for the sea beaches of Primorye to the south. On the outskirts of the city, there is a series of peaceful lakes, some of those home to large lotuses.
The monsoons manage to find their way up north through East Asia to Khabarovsk, so you can find yourself enjoying a sunbath by a tranquil lake one minute and getting terrorized by the most potent and aggressive mosquitoes on earth the next if the heavens open up!
The fall is beautiful and colourful and the hills by the Amur turn yellow with a touch of red, orange and green. This is a great time to go hiking on Mount Khekhsir, which offers the best views of the spot where the Amur and Ussuri rivers split and Russia gives way to China. Keep in mind though that this is the habitat of the world’s largest tigers and these wild cats usually leave humans alone, but if they have a change of heart or a real appetite, they could use the fall camouflage to have you as a nice lunch, so be careful when you venture out!
Summer of 2017
Also, keep in mind that these are some of the wildest forests in the country and more importantly, considered to be of highly strategic importance. Don’t be like an Indian man who got lost in these forests in the autumn of 2007 and only managed to get out the next day and back to civilization. He escaped the attention of tigers, leopards and bears by sheer luck, and took punishment from the security services and police with a smile. But not everyone may be so lucky.
Hugh Grant Hilariously Recites Oompa Loompa Poem as He Presents at BAFTA Awards
"Oompa Loompa doompety dong, most of these films were, frankly, too long," Hugh Granted joked onstage at the 2024 BAFTA Awards
Warner Bros. / Courtesy Everett Collection; Guy Levy/BAFTA via Getty
Hugh Grant is still in Oompa Loompa mode!
When Grant, 63, appeared at the 2024 BAFTA Awards on Sunday to present the ceremony's award for best director, the Wonka actor shared a wry poem while channeling his Oompa Loompa character.
"Oompa Loompa doompety dee, now the best director category," Grant said onstage , much to the amusement of the awards ceremony's live audience. "Oompa Loompa doompety dong, most of these films were, frankly, too long," he added. "Ooompa Loompa doompety da, but for some reason the nominees are..."
Grant then presented the award to Oppenheimer filmmaker Christopher Nolan during a night that saw the movie win seven BAFTA awards out of 13 total nominations it received, most among all films at Sunday's awards show.
Courtesy of Warner Bros. Pictures
The Love Actually star was digitally shrunk to scale in order to play an Oompa Loompa opposite Timothée Chalamet in Wonka , which follows the adventures of a young Willy Wonka as he begins to sell chocolate for a living. The film presents Grant's character as an adversary of Wonka's who steals his chocolate as revenge for Wonka using ingredients found in Oompa Loompa territory.
Wonka has grossed $209.8 million at the domestic box office and more than $600 million worldwide since its release in December. Grant and Chalamet's press tour featured plenty of fun at Grant's expense, with Chalamet memorably singing the Oompa Loompa song — first featured in the 1971 musical film adaptation Willy Wonka & the Chocolate Factory that starred Gene Wilder — with Grant at the movie's premiere in Tokyo back in November.
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"I was a bit nervous of him. I don't like people who are too successful, and I thought his career had gone a bit too well," Grant told PEOPLE of working with Chalamet, 28, in December. "But I did warm to him. He gave me good gossip ."
"I couldn't be on the set because I'm too big. But I was in a tent just nearby with my helmet on with all the cameras," he added of how the production arranged his motion-capture performance, which shrunk the Oompa Loompa character down to roughly 18 inches tall. "A highly complicated business."
After Wonka , Grant has roles lined up in the upcoming Netflix movie Unfrosted: The Pop-Tart Story and HBO's upcoming miniseries The Regime , per his IMDb page.
Almost 5,000 people have died in U.S. gun violence so far in 2024
The shootings have reignited debate about gun violence in America.
A Feb. 14 mass shooting following a parade and rally for the Kansas City Chiefs' Super Bowl win has left one person dead and at least 21 others injured, according to officials.
The shooting has reignited discussions about the prevalence of gun violence in America.
As of Feb. 15, at least 4,994 people have died from gun violence in the U.S. this year, according to the Gun Violence Archive – which is an average of about 108 deaths each day. Another 3,351 people have been injured.
Of those who have died from gun violence, 147 were teens and 31 were children.
Last year , gun violence deaths and injuries decreased by at least 8% compared to 2022, with some cities seeing decreases of more than 20%, according to GVA.
There were 43,065 gun deaths in 2023, with more than 36,000 people injured. Gun deaths, excluding suicides, in 2023 were the lowest they had been since 2020. Injuries were the lowest they had been since 2019.
There have been more than 49 mass shootings in 2024 so far, which is defined by the Gun Violence Archive as an incident in which four or more victims are shot or killed.
These mass shootings have led to more than 80 deaths and more than 170 injuries.
The Jan. 23 string of shootings in Joliet, Illinois by a single suspect marks the deadliest incident of the year. Eight people were killed and nine shot in what Joliet, Illinois, authorities are referring to as 23-year-old deceased suspect Romeo Nance's "reign of terror."
Mass shootings in the U.S. have more than doubled in the last decade.
In 2014, there were 272 mass shootings. In 2023, there were 656. Mass shootings peaked at 689 in 2021, according to GVA.
MORE: 'No one is gonna hurt you': Chiefs player comforts scared boy after parade shooting
Deaths by suicide.
Deaths by suicide have made up the vast majority of gun violence deaths so far this year.
There's been 3,036 deaths by gun suicide this year, an average of about 66 deaths by suicide per day.
Though GVA has not yet released suicide data for 2023, deaths by suicide have been on the rise throughout the decade.
If you or someone you know is struggling with thoughts of suicide — free, confidential help is available 24 hours a day, 7 days a week. Call or text the national lifeline at 988. Even if you feel like it, you are not alone.
MORE: Couple who took down suspected Kansas City shooter detail gunfire
The grim tally of gun violence deaths includes 174 people killed in police officer-involved shootings. Seven police officers have been fatally shot in the line of duty this year.
There also have been 181 "unintentional" shootings, the Gun Violence Archive shows. Unintentional shootings reached the lowest they had been in a decade.
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