Santiago Otero Armengol, president and founder of Evenpro Corp, has left an indelible mark on the global entertainment industry. With a career spanning more than four decades, Otero is known for his ability to transform uncertainty into success, an approach that began with a surfing championship at the age of 17 and has been consolidated in the successful direction of large-scale events, which have attracted up to one and a half million people.

The path or major wave mastered and surfed by Otero has not been conventional, but it has been full of valuable lessons. In a dramatic turn of his life, a near-death experience while surfing precisely giant waves in the Pacific offered him a unique perspective on how to face challenges and handle uncertainty. This experience not only taught him how to navigate the ocean, but also provided him with the necessary tools to manage his successful company.

Career and path forged in the waves

Santiago Otero’s story begins in youth, when he organizes and participates in his first surfing championship at the age of 17. What seemed like a simple hobby became the springboard for a career that has defined the entertainment landscape in Venezuela and beyond. Over the years, Otero has taken his passion for surfing and his business vision to the creation of internationally renowned events, establishing a legacy of innovation and success in the industry.

However, it was an extreme experience during a surf session in the Pacific that redefined his approach to life and business. Facing huge and dangerous waves taught him to remain calm as well as prudent in adverse situations, and to face uncertainty with creativity and hope. “In a world full of uncertainty, moving forward, even if it is not in a straight line, allows us to take advantage of every opportunity,” says Otero, convinced and proven.

The art of navigating uncertainty

Otero has become a master in the art of managing uncertainty, a challenge inherent to the entertainment industry. His philosophy is based on the belief that uncertainty should not be seen as an obstacle, but as an opportunity to grow and innovate. “A life without challenges is a life without growth,” Otero explains. His approach focuses on proactively identifying and addressing problems, rather than letting uncertainty paralyze us.

In event management, this translates into meticulous planning accompanied by flexibility to adapt to changing circumstances. Otero uses the analogy of surfing to illustrate his approach: “It is essential to measure the terrain and choose your wave. We must review our winds and currents,” comparing the skill needed to surf to the ability to face and overcome adversity in the business world.

The importance of a strong team

One of Evenpro’s greatest assets is its team. Otero stresses that having a committed and courageous team is crucial to facing the challenges of the uncertain world. “We must prepare for what is coming, surrounding ourselves with people willing to dare,” he says. Selecting and developing a talented team not only helps ensure success in executing events, but also brings a variety of perspectives and skills that enrich the creative process.

A team’s ability to adapt and meet challenges with resilience is vital to keeping pace in a rapidly changing industry. Otero values his team members who not only fulfill their responsibilities, but also contribute innovative ideas and creative solutions. This collaborative and proactive mindset allows Evenpro to stay ahead of the curve and overcome unexpected obstacles.

Evenpro Corp: Innovation and Social Responsibility

Evenpro Corp, under Otero’s direction, has evolved to become a leader within the entertainment industry, offering events ranging from concerts and festivals to cultural and corporate experiences. The company is known for its ability to create memorable and exciting experiential experiences, which capture the essence of fun and culture.

Likewise, social responsibility plays an important role in Evenpro’s mission. Recently, the company has announced a partnership with renowned artist Fonseca to support music and childhood in Cuyagua. This commitment reflects Otero’s vision of using the success of his company to generate a positive impact in the community. “We want to not only entertain, but also contribute to the well-being of society,” says Otero. The alliance with Fonseca seeks to promote music and offer support to children, demonstrating that Evenpro Corp cares about more than just entertainment.

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Transforming the future through adaptation

Otero’s ability to transform uncertainty into a strategic advantage has been a key factor in Evenpro’s continued success. His focus on adaptability and preparation has allowed the company to overcome challenges and stay relevant in a dynamic environment. Otero’s vision is clear: face the future with confidence, creativity and courage; he summarizes.

“We must arm ourselves with courage to turn uncertainty into a growth engine,” concludes Santiago Otero Armengol. His story is a key and valid testimony on how passion, preparation and the ability to adapt constitute fundamental inputs and at the same time favorable conditions to transform challenges into opportunities and lead to lasting success.

With information from direct coverage

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The Federal Reserve (Fed) has made it clear that it will not cut interest rates until it is certain that inflation is falling sustainably towards the 2% target, according to the minutes of its last meeting held at the end of January and published on February 21.

Members of the Federal Open Market Committee (FOMC), also known as the FOMC, unanimously agreed that it would not be appropriate to cut rates until they had greater confidence that inflation was moving sustainably towards 2%.

At the meeting of the US regulator on 30 and 31 January, it was decided to keep the rates in the range of 5.25% to 5.5%, the highest level since 2001. FOMC members discussed inflation and noted that although prices had declined over the past year, they remain concerned. They will therefore carefully evaluate incoming economic data to determine whether inflation is declining in a sustainable manner.

On February 13, it was reported that the inflation rate in the United States fell again in January, after having risen in December, and fell three-tenths to 3.1%. Underlying inflation, a key figure that the Federal Reserve analyzes for making interest-rate decisions, remained at 3.9% year-on-year.

In short, the Fed is closely monitoring inflation and commits to returning it to the 2% target, but only when it is certain that the trend is sustainable.

K. Tovar

Source: Diario Las Américas

(Reference image source: @Themoneypost_, X)

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The monetary reconversion that came into effect as of today, “will not put a brake on inflation, because the bolivar does not have a way to maintain its value, causing the dollar to become the currency of daily use.” This was stated by the economist Benjamin Tripier.

In his opinion, the Venezuelan government is not carrying out a monetary reform, they are just eliminating six zeroes from the currency. For a reconversion it is necessary to consider some “deeper variables to transform, and incorporate changes, to achieve a stabilization of the currency. With this (reconversion) there is no stabilization or brake on inflation. The bolívar does not gain confidence”, he sentenced.

For Tripier, citizens do not have confidence in the short or medium term in the new denomination of the bolivar because if they do so they will be losing. “Everything will be done is in dollars. Now our currency is the dollar. That an important recognition: allowing the dollar to circulate freely. “

The economist and president of the New Technology business firm, considers that “70 % of liquidity in transactions in Venezuela is made in dollars, and 30 % in bolivars.” But of that 30 %, only 10 %, that is 3 %, is made in bolivars and in cash. “The new cone is to satisfy that 3 %; while for the other 27 %, which is digital, which is done by debit card, the great advantage is the number of zeros that we are no longer going to write,” he explained.

However, he affirms that the reconversion will have a more profound impact because the new bolivar will become the minimum, it does not have cents and in his opinion the public institutions and everything that is associated with the tax unit will have to make adjustments. “It will be adjusted to 1 bolívar (…) I do not think that public institutions and everything associated with the tax unit remain at 0.02 bolívares.”

M. Rodríguez

Fuente: bancaynegocios

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Artificial Intelligence (AI) has long been capable of making decisions based on data, but now a new system based on the principle of explainable AI goes a step further to guide the user towards achieving a goal, arguing the decisions it is making.

The new system, announced by Fujitsu Laboratories and the University of Hokkaido (Japan), automatically connects users with the necessary steps to achieve a desired result, based on information from AI on the data, such as medical reviews.

Explainable AI represents an area of ​​growing interest in the field of artificial intelligence and machine learning. Although AI technologies can make decisions automatically from data, this novelty also provides individual reasons for these decisions, helping to avoid the so-called black box phenomenon, in which AI reaches conclusions through unclear and potentially problematic means.

Although certain techniques can also provide hypothetical improvements that could be obtained when an undesirable result occurs, they do not provide any concrete steps to improve.

This new technology offers the possibility of improving the transparency and reliability of the decisions made by Artificial Intelligence, which will allow more people in the future to interact with the technologies that use it, offering a feeling of trust and tranquility, as assured Fujitsu in a statement.

Source: dpa

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