#Covid19Impact

[gastroenterologyucgconferences]

Call for Research Paper You are all invited to submit research papers for the CME/CPD accredited 14th World Gastroenterology, IBD & Hepatology Conference from December 17-19, 2024, in Dubai, UAE & Virtual. Submit here: https://gastroenterology.utilitarianconferences.com/submit-abstract

[navyasri1]

Market Dynamics: The Growth of Poly carboxylic Based Polymers

The Polycarboxylic Based Polymers Market is set for significant growth, projected to reach $2,991.4 million by 2030. With diverse applications across construction, water treatment, and personal care, this market is essential in advancing industry standards and improving product performance. Discover how key players are innovating and adapting to market demands while navigating challenges like environmental impacts. Join us as we explore the future of polycarboxylic polymers!

[perspectiveunbound]

Entrepreneurship: The Backbone of Economic Resilience

The Role of Entrepreneurship in Economic Resilience Hello, dear followers! Today, I want to highlight the vital role that entrepreneurship plays in fostering economic resilience, particularly in the face of challenges posed by global uncertainties. As we navigate a rapidly changing landscape, it's essential to recognise that entrepreneurs are not just job creators; they are innovators and problem-solvers who drive both local and national economies forward. Entrepreneurship is inherently linked to creativity and adaptability. In Scotland, we are fortunate to have a thriving start-up culture that encourages individuals to turn their ideas into viable businesses. From tech initiatives in Edinburgh to sustainable ventures in the Highlands, the spirit of innovation is alive and well. These new enterprises contribute to job creation, stimulate local economies, and enhance community well-being. Globally, the importance of entrepreneurship has been underscored by recent events. The COVID-19 pandemic forced many businesses to pivot and reinvent themselves, showcasing the resilience of entrepreneurs. Those who adapted quickly to changing circumstances were often the ones who not only survived but thrived. This adaptability is crucial for economic recovery and long-term growth. Supporting entrepreneurship requires more than just recognising its value; it necessitates creating a conducive environment for innovation. Policymakers must prioritise access to funding, provide mentorship opportunities, and reduce bureaucratic hurdles that often stifle fledgling businesses. By creating an ecosystem that nurtures entrepreneurial talent, we can build a more resilient economy that can withstand future shocks. As we reflect on the significance of entrepreneurship, I invite you to share your thoughts. How have local entrepreneurs impacted your community? What initiatives have you witnessed that effectively support the growth of new businesses? Your insights are invaluable as we explore the transformative power of entrepreneurship in creating robust economies. Please share your thoughts in the comments below! Stay inspired and continue to champion the entrepreneurial spirit! Warm regards, Alastair Majury *Perspectives Unbound* --- *Follow Alastair Majury for further discussions on entrepreneurship, economic resilience, and the principles that drive innovative growth.*

[usnewsper-business]

Market Rollercoaster: Asian Stocks Rise and Fall Amid COVID-19 Concerns #Asianmarkets #Chinesestocks #companyperformances #COVID19impact #EconomicIndicators #HangSengIndex #Japanesestocks #markettrends #Nikkei225 #ShanghaiCompositeIndex

[phonemantra-blog]

Calling all wanderlusters! Craving the sun-drenched beaches, vibrant culture, and delectable cuisine of Spain? Look no further than Norwegian Airlines' exciting expansion of flights from Munich. This spring, spread your wings and experience the magic of Spain's captivating cities, Alicante and Malaga, with convenient and affordable travel options. Reuniting Munich with Spanish Gems: A Welcome Return The Scandinavian airline, Norwegian, is thrilled to announce the resumption of flights from Munich to two beloved Spanish destinations – Alicante and Malaga. This expansion comes after a temporary suspension due to the COVID-19 pandemic. The addition of these routes offers travelers from Munich a chance to reconnect with the charm and vibrancy of Spain, while also providing convenient access for Spanish travelers seeking to explore the heart of Bavaria. Norwegian Airlines Takes Unveiling the Enchantment of Alicante Alicante, a port city nestled on Spain's southeastern coast, beckons with its alluring blend of history, culture, and stunning natural beauty. Here's a glimpse of what awaits you: Beaches Galore: Bask in the golden Mediterranean sunshine on Alicante's pristine beaches. Playa del Postiguet, a Blue Flag-designated beach, offers calm waters and soft sand, perfect for swimming, sunbathing, and building sandcastles with the family. For a touch of adventure, head to Playa de los Locos, a surfers' paradise known for its exciting waves. A Feast for the Senses: Embark on a culinary adventure in Alicante's vibrant tapas scene. Indulge in an endless array of small plates featuring fresh seafood, locally sourced vegetables, and savory meats. Don't miss the iconic "turrón," a traditional Spanish nougat, available in a variety of flavors. A Walk Through Time: Immerse yourself in Alicante's rich history. Explore the imposing Santa Bárbara Castle, a 16th-century fortress offering breathtaking panoramic views of the city and coastline. Wander through the charming streets of the old town, El Barrio de la Santa Cruz, and admire the beautifully colored houses and quaint cafes. Unveiling the Magic of Malaga Malaga, the birthplace of the legendary artist Pablo Picasso, is a captivating city brimming with cultural treasures and sun-kissed beaches. Get ready to be enchanted by: Picasso's Legacy: Delve into the artistic genius of Pablo Picasso at the Museo Picasso Málaga, showcasing the largest collection of his works outside of Barcelona. Explore his artistic journey through a diverse array of paintings, sculptures, and drawings. Beach Bliss: Malaga boasts over 15 kilometers of coastline, offering a haven for beach lovers. Playa de la Malagueta, the city's main beach, is perfect for families with its calm waters and gentle waves. For a more secluded experience, explore the coves and hidden beaches further east. A Culinary Journey: Savor the delectable flavors of Andalusian cuisine in Malaga. Sample fresh seafood dishes like "pescaíto frito" (fried fish) or indulge in the region's signature gazpacho, a chilled tomato soup perfect for a hot summer day. Don't forget to try the local "vino Málaga," a sweet fortified wine produced in the region. Flight Schedules Tailored for Your Spanish Escape Norwegian Air Sweden, a subsidiary of the Norwegian Group operating under the airline code "D8," offers convenient flight schedules to ensure a seamless travel experience: Alicante: Catch a late-morning flight every Monday and Friday, allowing you to maximize your time in this captivating coastal city. Malaga: Flights depart Munich for Malaga at 10:40 on Tuesdays, Thursdays, and Sundays, offering flexibility for your Spanish getaway. Beyond Spain: Exploring the Broader Norwegian Network In addition to these exciting new Spanish routes, Norwegian Airlines offers convenient connections to other popular destinations from Munich: Scandinavia Awaits Travel to the heart of Scandinavia with Norwegian, with five weekly flights to Oslo, three weekly flights to Copenhagen, and two weekly flights to Stockholm.

[heroickseraph]

Mental Health: Pandemic Time - Part 1

These past three years have been unlike any others in recent history. The world has grappled with the overwhelming impact of the COVID-19 pandemic. As a doctor, I've witnessed firsthand the toll it has taken on the mental health of countless individuals. The isolation, uncertainty, anxiety, and depression that many have faced during this time are topics that demand our attention and support.

As of this moment, 6,926,045 people died because of COVID, and the number keeps on increasing. The sudden emergence of this virus shocked the world and paralyzed life as we know it. Everything changed, but in the beginning, it was hard to cope due to the uncomfortable situation I was put in. Everyone I knew expected answers from me regarding the virus, but I didn't know more than what they did. The international medical society didn't know more. Every effort was being put into understanding the virus and aiming to build a vaccine to protect the whole global population.

The chaos that spread suddenly left many people in a tremendous amount of mental distress. The whole world population had to adapt to a new way of living.

Mental Health Deterioration:

The isolation brought about by lockdowns and social distancing measures has left many individuals feeling profoundly lonely. The isolation and prolonged periods of confinement that many of us have experienced during the pandemic are in stark contrast to the natural human state. Humans are inherently active creatures and our physiology is designed for movement.

For centuries, our ancestors were hunters, gatherers, and explorers. Our bodies are programmed to expend energy, burn calories, and engage in physical activity. A sedentary lifestyle due to confinement and remote working can disrupt this natural balance, affecting both our physical and mental health. This disconnection from our innate need to move has contributed to feelings of restlessness, laziness, and even mental health issues that individuals face. It reminds us of the importance of finding ways to incorporate physical activity into our daily routine, even in difficult circumstances.

Taken independently from the context of the pandemic, isolation or confinement can lead to a range of profound psychological implications. General consequences include the transformation of this isolation into loneliness. The loneliness results from the absence of social interactions with other people, and that often leads to depression or anxiety. In many people, as long as the coping mechanisms are fit enough, these perturbated states do not develop into a pathological disorder. On the other hand, many other individuals had been diagnosed with major depressive disorder or generalized anxiety disorder years before the pandemic started. These patients relapse into acute episodes despite being compliant with their medication.

Every living being thrives for freedom. It is evident that staying inside a cage harms the psych slowly and sometimes irreversibly. The feeling of being trapped and powerless can lead to high levels of stress. Any bird who spends its life in a cage might never be able to fly again when set free.

Cognitive decline, particularly in older adults, is another potential outcome of prolonged isolation, brought on by a lack of mental stimulation and social interaction. Many people started spending hours on social media trying to be as involved as possible. Every like or view on any social media platform brought little accumulative rewards to the addicted users. Using those applications became the trend in coping with the situation of isolation.

Furthermore, irritability and agitation can arise in those settings, along with restlessness and frustration. It was well known that anger spawned violence at some point during the lockdowns. The incidence of domestic abuse increased and victims coped in different ways to their unfortunate situation.

In the context of the pandemic, there are specific aspects that have been magnified. Pandemic-related anxiety has surged due to the fear of contracting the virus. That was the first concern. Ultimately, that extended to concerns about the health of loved ones, and the general uncertainty about the future. The doctors didn't know much about the situation, so the rest of the population suffered from a lack of information that eventually became a state of paranoia.

Grief and loss became prevalent, with many individuals experiencing the loss of their loved ones. The virus killed people randomly. Young healthy men and women lost their lives unexpectedly, while some others suffered for months after recovery due to the scarring of their lung tissues by the virus. For many people, it didn't make sense that they couldn't be by the side of their loved ones when they passed away. The pandemic prevented the contact of patients under strict isolation. People were dying all alone in those beds and many countries buried the dead in mass numbers.

Pandemic fatigue has set in as the prolonged nature of the crisis has led to exhaustion and that in return transformed into more vulnerable states.

As time passed, individuals were exposed to a relentless stream of pandemic-related news, from rising case numbers to new safety measures. All they could see were numbers daily and everywhere on the news. People even could get live updates on the internet. The constant barrage of information led to a sense of apathy, where individuals became desensitized to alarming events. For example, the daily reporting of infection rates, hospitalizations, and death tolls lost its initial impact as people became accustomed to these numbers. It was not uncommon for individuals to react less strongly to alarming news than they did earlier in the pandemic, which was a sign of psychological adaptation to the ongoing crisis.

One of the other consequences of pandemic fatigue was the decline in adherence to safety measures. This included wearing masks, practicing social distancing, and maintaining rigorous hand hygiene. As the pandemic persisted, some individuals grew suspicious of these precautions and began to let their guard down. For instance, people became less attentive about wearing masks in public spaces or attending gatherings with others outside their households. They chose the solutions with short-term relief rather than avoiding the serious complications that could come in the long run. This decreased adherence posed health risks, as it left individuals more vulnerable to potential exposure to the virus.

The Adults of the Future:

Children and adolescents have faced unique challenges, including disruptions in education, social connections, and extracurricular activities, which have contributed to their mental health concerns. I think the future generation that was born around the time of the pandemic is going to be very different from all the generations that came before. The intense exposure of children to social media in the time of the pandemic installed numerous random ideologies into their heads - especially when their parents weren't around to supervise them. Students became more lazy and their attention span decreased tremendously with online classes. Discussing the consequences with kids can take a whole different essay to decently talk about it.

Frontline Superheroes:

Frontline workers, a category encompassing healthcare professionals, first responders, and essential workers, have been at the forefront of the battle against the pandemic. Their experiences have been marked by immense stress, including moral distress and burnout. This aspect of the pandemic is particularly poignant and sensitive, and it strikes a personal chord for me as well. I vividly recall a pivotal moment during this crisis when the reality of my work as a healthcare professional hit home.

In the emergency department, we are accustomed to life-and-death situations, but the pandemic brought a unique set of challenges. The fear of suddenly losing one's life due to exposure to a patient carrying the virus was an ever-present concern. It was a stark reminder of our vulnerability and the sacrifices frontline workers were making to save lives.

One memory that still haunts my thoughts is the day a patient arrived in the emergency room with no pulse. Time was of the essence, and every second counted. However, the protocol required us to put on the full protective gowns before approaching the patient, a process that took precious minutes. In that brief span, a life hung in the balance, and the urgency was palpable. It didn't make sense to our human minds that we couldn't immediately perform life-saving interventions. The ethical and moral dilemma was heart-wrenching.

The term "moral distress" captures the emotions and ethical conflicts that healthcare professionals face during these situations. It is the anguish of knowing the right course of action but being impeded by external factors, such as guidelines, protocols, or limited resources. In those critical moments, as we hurriedly donned our protective gear, the weight of moral distress bore down on us. The patient's life was on the line, and we grappled with the haunting question of whether those few minutes spent dressing in protective gear could have made the difference between life and death.

Frontline workers endured not only the physical strain of their duties but also the emotional and psychological toll of making life-altering decisions in the face of extreme circumstances. The burden of knowing that we did all we could, yet still confronted such limitations, was emotionally draining. Burnout loomed large as we tried to navigate the delicate balance between providing care and safeguarding our own well-being.

In conclusion:

In the shadow of these extraordinary years, I've witnessed a world transformed by the relentless waves of the COVID-19 pandemic. The toll it's taken on mental health is a stark reality, with isolation, uncertainty, and anxiety leaving indelible imprints on our collective psyche. Our confinement and the innate need for movement clash in a silent battle, while isolation's profound psychological implications and the weight of pandemic fatigue become apparent. As we draw the curtains on this chapter, it's time to pen new stories, tales of resilience, and the unwavering human spirit. Let's remember that even in these challenging times, the strength of humanity shines through. Those who have recovered and the heroes who've stepped up for vaccination offer beacons of hope. Together, we find hope for a brighter tomorrow.

[healthcaretechnologynews]

Dependable therapies - Approaches and Ingredients

There are times when GRG Health has undertaken projects that have left a lasting impression on both the end client and the team that closed the project.

In February, GRG was approached by a client to address a unique topic - with all the attention being focused on #Immunity vis-a-vis covid2019, would there be a middle ground where "Mixopathy" is replaced by holistic Healthcare?

Read Full Blog Here: https://www.grgonline.com/post/dependable-therapies-approaches-and-ingredients

To find answers, GRG undertook extensive interviews with providers and KOLs across #US, EU Top 5 and some parts of SE Asia, asking for dependable therapies, approaches and ingredients that could be, at provider discretion, combined to deliver favorably for patient health.

Through 200 interviews with providers in its dedicated, global panel, GRG Health identified 17 key developments (and ~60 ingredients/agents) that went beyond "Old wives' Wisdom", supported by Scientific evidence.

It was interesting to find that many of these developments and ingredients were already in active use by respondents who claimed to have consistently got good results too.

The report submitted to the end client was discussed in detail and some of the identified items are currently being reviewed internally for commercial potential at the client's end.

On the team's part, it was an eye opener that what our grandparents followed in our childhood was actually supported by #Science and not just cultural wisdom!

BTW, did you know that St. John's Wort - one of the items identified and evaluated - actually demonstrates #antidepressive properties that can be optimally leveraged if used in a certain manner? And that a little known seasoning herb can actually reverse #inflammation over time, boosting immunity in the process?

Contact us for more insights about these findings (incl. those deemed credible for commercial evaluation by the end client) and for credible research that supports your needs.

Visit our website now: https://www.grgonline.com/

[indian-defence-discussion-blog]

The Thriving Market of Converting Paper Machinery: A Comprehensive Analysis 

The global market for converting paper machinery is currently experiencing unprecedented expansion, and it is poised for substantial growth in the coming years. This robust industry is not only segmented by company and region but also by type and application, reflecting the dynamism of the market. 

Understanding Paper Conversion 

The term "paper conversion" encompasses a series of processes that transform raw paper materials, whether in sheet or roll form, into a diverse range of finished products. These products, which include books, packaging materials, and newspapers, find application in almost every sector and industry. One of the critical elements in ensuring the precision and smooth performance of paper conversion and printing operations is the use of high-quality bearings. 

Despite the digital revolution, the converting paper machinery market retains its pivotal role in the global economy, supplying essential products that continue to serve various industries. 

Market Scope and Structure Analysis 

This comprehensive report delves into the global converting paper machinery market, with a particular focus on North America, Europe, Asia-Pacific, South America, the Middle East, and Africa. The market is analyzed based on manufacturer, region, type, and application, providing insights into historical and projected market size in terms of both value and volume. The report also considers technological advancements and macroeconomic factors influencing the market. 

Request for customization@ https://www.alliedmarketresearch.com/request-for-customization/16403  

Navigating the COVID-19 Challenge 

The COVID-19 pandemic has significantly impacted the converting paper machinery market, primarily due to prolonged lockdowns in major global economies. This unprecedented situation in 2020 disrupted market dynamics, leading to shifts in demand and production. 

The initial quarter of 2020 witnessed a notable decline in equipment and machinery sales, a trend that persisted throughout the year. Countries heavily affected by the pandemic, including the U.S., Germany, Italy, the UK, and China, experienced a substantial reduction in demand for such equipment. 

The ongoing uncertainty surrounding the pandemic's impact makes it essential for equipment and machinery manufacturers to prioritize the safety of their workforce, operations, and supply chains. Adapting to new ways of working post-COVID-19 is crucial for long-term resilience. 

Key Factors Driving the Market 

Get Informative PDF Sample Of The Report@ https://www.alliedmarketresearch.com/request-toc-and-sample/16403  

The converting paper machinery market's growth can be attributed to the ubiquitous demand for paper-related products, encompassing both commercial and residential applications. Products such as toilet paper and sanitary paper have driven substantial demand in the residential sector. 

Innovations in research and development have played a pivotal role in introducing new trends to the market. Key drivers include a focus on hygiene, heightened environmental awareness, innovative designs, the trend towards away-from-home and travel-related paper products, continuous enhancements in paper's physical and chemical properties, rising disposable incomes, and increased demand for broader industrial applications. However, challenges such as fluctuating raw material prices, resource availability issues, regional competition, and limited technology options may impede market growth. 

Key Takeaways 

This report offers a deep dive into current market trends, emerging opportunities, and potential investment prospects within the paper machinery market. It also provides insights into key drivers, restraints, and opportunities, backed by a detailed analysis of market shares. 

Quantitative analysis highlights the growth trajectory of the converting paper machinery market, while Porter's five forces analysis sheds light on the bargaining power of both buyers and suppliers. 

Ultimately, this report equips industry stakeholders with a comprehensive understanding of the converting paper machinery market's competitive landscape and its future evolution. 

Market Segmentation 

Product Types: 

- Folding Machine 

- Paper Cup Machine 

- Paper Cup Making Machines 

- Others 

Applications: 

- Tissue Paper 

- Stationery Paper 

- Paperboard 

Regions: 

- North America (U.S., Canada, Mexico) 

- Europe (Germany, UK, France, Italy, Rest of Europe) 

- Asia-Pacific (China, Japan, India, Rest of Asia-Pacific) 

- LAMEA (Latin America, Middle East, Africa) 

About Us:  Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.  United States  1209 Orange Street,  Corporation Trust Center,  Wilmington, New Castle,  Delaware 19801 USA.  Int'l: +1-503-894-6022  Toll Free: +1-800-792-5285  Fax: +1-800-792-5285  help@alliedmarketresearch.com 

[shristisahu]

Free Webinar: How COVID-19 Changed Marketing Procurement

Originally Published on: SpendEdge |How COVID-19 Changed Marketing Procurement? | SpendEdge – Free Webinar

Procurement plays a vital role in shaping a company's marketing strategies and campaigns by facilitating the acquisition of necessary products and services. Marketing procurement is indispensable for a company's success as it aligns with the fundamental elements of marketing - product, price, place, and promotion. This encompasses a broad range of purchases, supporting categories like sponsorship contracts, partnerships, advertising, print marketing, and more. The COVID-19 pandemic has led to substantial changes in marketing practices across industries.

As digital media and platforms emerge as the primary and dependable marketing channels, companies have had to adapt significantly. This entails devising new strategies, embracing novel technologies, skill sets, and approaches. Such a profound shift in marketing practices has led to a substantial transformation in marketing procurement. With the post-COVID era on the horizon, companies need to make substantial adjustments to their marketing procurement strategies. Adhering to best practices, staying in sync with the market, and preparing for the new business landscape are imperative.

Marketing procurement holds a pivotal position in any business, and poor planning can lead to substantial setbacks and losses. Our webinar titled "How COVID-19 Changed Marketing Procurement" aims to help you comprehend the role and significance of marketing procurement.

Get a free proposal to explore further.

How Can We Enhance the Marketing Procurement Process?

Forge Relationships: Successful marketing procurement hinges on partnerships and agencies. Establishing strong, mutually beneficial, and sustainable relationships is crucial. Transparent communication fosters trust among employees, partners, and stakeholders.

Understand Your Needs: Maximizing return on investment in the marketing procurement department necessitates a clear understanding of your needs. Set well-defined objectives and allocate resources accordingly. Clarity about expectations fosters trust, sustains relationships, and ensures efficiency and success.

A robust marketing procurement strategy can propel companies towards recovery as industries rebound from the global pandemic. Participate in our webinar to gain insights into enhancing your marketing procurement strategies.

Embrace Risk: Marketing is a competitive and challenging realm where innovation and differentiation drive creativity, risk-taking, and efficiency. Establish strong partnerships with agencies to harness the innovation-driven space. Motivate transformative work with incentives and support.

Centralize Marketing Efforts: For expansive companies, adhering to inflexible one-size-fits-all marketing campaigns can lead to disengagement and attrition. A superior approach is to centralize brand image and major marketing procurement decisions. This allows distributors, dealers, and sales representatives to execute local marketing campaigns and foster customer loyalty.

The COVID-19 pandemic has ushered in digital transformation across industries, significantly impacting marketing procurement. Discover more about "How COVID-19 Changed Marketing Procurement" by engaging with our complimentary webinar.

Connect with Our Procurement Experts.

[iirisconsulting]

Risk Consulting And Intelligence Advisory Firm in India

We are a Risk Consulting and Intelligence advisory firm that seeks to add critical business value through innovative and strategic programs.

For More Info.

[gastroenterologyucgconferences]

The 14GASTROUCG Conference, from December 17-19, 2024 in Holiday Inn Dubai, UAE & Virtual invites experts, researchers, and enthusiasts to apply as speakers, poster presenters, or delegates. Join us to discuss and explore “Discovering new treatments, and advancing medical knowledge in Gastroenterology, IBD and Hepatology” with leading voices in the field. WhatsApp us: https://wa.me/442033222718?text= Register here: https://gastroenterology.utilitarianconferences.com/registration

[binimom]

China Is it okay the way it is?

Understanding China's economic slowdown: Analyzing key indicators

When we delve into the global economic landscape, the state of the Chinese economy takes on a certain centrality due to its role as one of the largest economies in the world. Recently, a series of financial indicators have raised concerns about the health of the economic giant. The Consumer Price Index (CPI), a key indicator that measures inflation levels, fell to a lower-than-expected 1.3% in May. While this drop is a sign of slowing inflation growth, it also points to a decline in consumer demand, which is an ominous sign for economic growth. Another area of concern is the money supply and lending situation. Data showed that the shortfall in new yuan loans in May was 1.36 trillion yuan, far less than the 1.6 trillion yuan expected. A decline in lending can have a significant impact on the overall liquidity of the economy, restricting the flow of funds that often fuel growth. Moreover, growth in the broader money supply (M2) slowed, emphasizing the tight liquidity situation. The culmination of these factors - lower consumer demand, reduced lending, and slower money supply growth - shows the economy grappling with challenges. As China navigates the complexities of trade tensions with the United States and the continuing aftermath of the COVID-19 pandemic, these indicators raise questions about the country's economic resilience.

China's central bank responds: deciphering policy changes

In response to China's economic slowdown, the People's Bank of China (PBoC) has jumped into action in what could be the beginning of a strong policy response. The PBoC recently cut its seven-day repo rate by 0.01 percentage point. While modest, the rate cut, the first in 10 months, could be a precursor to a more comprehensive monetary easing policy. With analysts closely watching the central bank's moves, many are predicting a series of measures designed to revitalize the stagnant economy. These could include lowering reserve requirements for commercial banks, easing real estate policies, and increasing fiscal spending. The combination of these actions could boost liquidity, spur consumption, and encourage investment, thereby driving economic growth. Forecasts from Goldman Sachs and Morgan Stanley further support this possibility, suggesting that the PBoC could lower the reserve requirement ratio in the third quarter and cut more aggressively in the fourth quarter. These changes underscore the willingness of central banks to address the current economic downturn, but the road to recovery could be long and winding, as the effectiveness of these measures will depend on global economic trends and the response of the private sector. These two dimensions - worrisome economic indicators and the central bank's response - provide important insights into China's economic trajectory. As we move forward, the interplay between these factors will largely shape the course of the Chinese economy.

[perspectiveunbound]

The Essential Role of Local Economies in Building Resilience and Sustainability

Reassessing the Value of Local Economies Hello, dear followers! Today, I want to shed light on the vital importance of local economies in fostering resilience and sustainability, particularly in the context of Scotland and beyond. As globalisation reshapes markets and increases interdependence, recognising and supporting our local economies has never been more crucial. Local economies provide the foundation for vibrant communities. They create jobs, retain wealth within the community, and enhance the quality of life for residents. By supporting local businesses, we not only contribute to the economic well-being of our neighbourhoods but also promote a sense of identity and belonging. Scottish communities, with their rich traditions and cultural heritage, exemplify the strength that local enterprises can bring. In recent years, there has been a growing movement towards buying locally, reflecting an awareness of the impacts of our consumer choices. This shift is not only beneficial for businesses; it also contributes to reducing carbon footprints, as locally sourced products typically require less transportation. Furthermore, local businesses are often more invested in their communities, supporting schools, charities, and community projects. The challenges posed by the COVID-19 pandemic have underscored the need for resilient local economies. Many small businesses have had to adapt quickly, demonstrating their ingenuity and resourcefulness. From pivoting to online sales to implementing safety measures, local entrepreneurs have shown their commitment to their communities. This adaptability highlights the importance of fostering a supportive environment for small businesses through public policy and community initiatives. However, it is important to recognise the barriers that local economies may face, such as competition from larger corporations and the impact of economic recession. Therefore, creating a robust framework that encourages local business development is essential. This includes access to funding, mentorship opportunities, and policies that prioritise local procurement in public contracts. As we continue to explore the role of local economies, I invite you to share your experiences. How have local businesses impacted your community? What initiatives have you seen that promote local economic growth? Your insights are invaluable as we discuss the significance of nurturing local economies for a sustainable future. Please share your thoughts in the comments below! Stay engaged and keep championing your local businesses! Warm regards, Alastair Majury *Perspectives Unbound* --- *Follow Alastair Majury for further discussions on local economies, sustainability, and the principles that foster community resilience.*

[usnewsper-business]

Struggling NYC Stores: COVID-19 Hits Sales, Closures, and Rent Pressure #alternativelocations #businessmodels #cityofficialssupport #COVID19impact #NewYorkCityretailers #onlineshopping #reducedrents #rentpressure #salesdecline #smallbusinessesviability #storeclosures #taxbreaks

[ecomtipstrends]

The State of Global E-commerce: Trends and Statistics

E-commerce, short for electronic commerce, refers to the buying and selling of goods or services online. Over the past decade, e-commerce has grown by leaps and bounds as Internet users around the world have embraced the convenience of online shopping. As a result, the global e-commerce market has reached a staggering $5.4 trillion by 2022 according to Statista. In this digital age, businesses need to be aware of the latest trends and statistics in global commerce. This will help them find new opportunities, improve their strategies and stay ahead of the competition.

It's important to understand global e-commerce trends and statistics.

In today's connected world, e-commerce is no longer restricted by geography or borders. Businesses have the ability to sell their products and services to customers all over the world, providing new markets and growth opportunities. However, it also means more intense competition and the need for companies to keep up with the latest global e-commerce trends and statistics. This allows companies to gain valuable insights into consumer behavior, emerging technologies and market trends. These insights will help them optimize their customer experience, sales and marketing strategies and ultimately drive business growth and profitability.

In this article,we will discuss about the globally state of ecommerce and the major global trends after the global statistics and finally the the future trends.

I. The state of global e-commerce currently

1. Size and growth of worldwide ecommerce market

The global e-commerce market has grown significantly in recent years, and this trend is expected to continue in the coming years. According to eMarketer, global e-commerce sales reached $4.2 trillion in 2020, representing a 27.6 percent increase over 2019. This increase was largely driven by the COVID-19 pandemic, which led to an accelerated shift to online shopping.

Looking ahead, eMarketer predicts that global e-commerce sales will continue to grow at a rapid pace, reaching $5.4 trillion by 2022 and $6.4 trillion by 2024. This is driven by several parameters, including access to the Internet and mobile devices, the rise of social media and the rise of digital payment solutions.

In terms of regional trends, Asia Pacific is currently the largest e-commerce market in the world, accounting for more than 62% of global e-commerce sales in 2020. China is the largest e-commerce market in the region, followed by Japan and South Korea. North America and Europe are also major players in the global e-commerce market, with the U.S. and the U.K. being the largest markets in their respective regions.

                          2. The top e-commerce markets and the characteristics

The world's largest e-commerce markets are diverse and each has its own unique characteristics.

Here are some of the specifics of the largest e-commerce markets:

China: China is the largest e-commerce market in the world, with sales that reached $1.412 trillion in 2022. The market is largely controlled by two major players, Alibaba and JD.com, which together account for more than 80% of online retail sales in China. Mobile commerce is also very popular in China, with over 80% of online sales made via mobile devices.

United States: The U.S. is the second largest e-commerce market in the world, with online sales expected to reach $986 billion by 2022 according to Statista. The market is highly competitive, with Amazon dominating the sector with a market share of over 38%. The U.S. market is also characterized by high consumer confidence in online shopping and a sophisticated logistics and delivery infrastructure.

United Kingdom: The United Kingdom is one of the most mature e-commerce markets in the world, with online sales expected to reach $199.9 billion by 2022 according to Statista. The market is characterized by a significant level of cross-border shopping, with UK consumers frequently making purchases from overseas retailers. The UK market is also known for its state-of-the-art delivery infrastructure and the popularity of click-and-collect services.

Japan: Japan is the third largest e-commerce market in the world, with online sales expected to reach $215 billion by 2022 according to Statista. The market is characterized by a preference for domestic retailers, with local companies like Rakuten and Amazon Japan dominating the sector. Mobile commerce is also popular in Japan, with over 70% of online purchases made via mobile devices.

South Korea: South Korea is a fast-growing e-commerce market, with online sales expected to reach $124.2 billion by 2022 according to Statista. The market is characterized by a high degree to innovations, with retailers testing new technologies such as augmented reality and virtual reality to improve the shopping experience. The market is also highly competitive, with major players such as Coupang and Gmarket.

                      3. Regional variations and trends in e-commerce

E-commerce trends and specifics differ from region to region due to differences in consumption, infrastructure and regulation.

 Here are some of the regional e-commerce trends and differences:

Asia Pacific: Asia Pacific is the largest e-commerce market in the world, and its rapid growth is largely driven by China. Mobile commerce is very popular in this region and social media is often leveraged as a platform for online shopping. Cross-border e-commerce is also common in Asia-Pacific, with consumers frequently making purchases from foreign retailers. However, the region is also subject to challenges such as the diversity of regulations and infrastructure in different countries.

Europe: E-commerce is well established in Europe, with countries like the UK, Germany and France leading the way. Cross-border shopping is also prevalent in Europe, with consumers often shopping in other European countries. The region is notable for a high level of regulation, with the EU implementing regulations such as the General Data Protection Regulation (GDPR) and the Consumer Rights Directive.

North America: The United States and Canada are the largest e-commerce markets in North America. The region is characterized by high consumer reliability in online shopping and a sophisticated logistics and delivery infrastructure. However, there are also constraints such as the prevalence of counterfeit products and the high cost of shipping to Canada.

Latin America: E-commerce is spreading rapidly in Latin America, but the area faces challenges such as lack of infrastructure and low reliability of online shopping. Cross-border shopping is also relatively low in Latin America due to high shipping costs and long delivery times.

Middle East and Africa: E-commerce is still underdeveloped in the Middle East and Africa, but the region has significant potential for development. Cash on delivery is a popular payment method in this region, and mobile commerce is also gaining popularity. However, infrastructure and regulatory issues still need to be addressed.

                                    4. Knowledge in consumer preferences and behavior

Consumer behavior and preferences are constantly evolving in the e-commerce industry, driven by several elements such as technology, ease of use and price.

Here are some insights into consumer behavior and preferences:

Mobile commerce: With the proliferation of smartphones, consumers are increasingly using their mobile devices to shop online. In fact, mobile commerce currently accounts for a significant portion of e-commerce sales in many regions, such as China and the Asia-Pacific region.

Personalization: Internet users are looking for personalized moments when they shop online.This includes personalized product recommendations, targeted advertising and personalized promotions. Retailers that offer personalized experiences are likely to increase customer loyalty and conversion rates.

Convenience: Consumers value ease of use when shopping online. This includes features such as fast and reliable delivery, easy returns and a smooth checkout process. Retailers that prioritize convenience are more likely to satisfy their customers and build loyalty.

Social commerce: Social media platforms such as Instagram and Facebook are increasingly being used to make online purchases as a result. Consumers want a seamless shopping experience in their social media feeds, with better access to product information and a simple checkout process.

Sustainability: Consumers are increasingly mindful of environmental preservation and are looking for retailers that prioritize sustainability. This includes features such as environmentally friendly packaging and sustainable sourcing of materials. Retailers who prioritize sustainability are able to attract a loyal customer base that appreciates their commitment to environmental responsibility.

       II. Major global ecommerce trends

                1. The importance and rise of mobile ecommerce

It is one of the major trends in global e-commerce over the past few years, and it continues to grow in size and importance.

Here are some key trends in mobile commerce:

Rapid progression: Mobile commerce has expanded rapidly in recent years, with a significant increase in the number of consumers using mobile devices to make purchases. According to eMarketer, global m-commerce sales are expected to exceed $416 trillion by 2022, accounting for more than half of all e-commerce sales.

Importance of Mobile Optimization: With the growth of m-commerce, it is increasingly necessary for retailers to make their websites and applications compatible with mobile devices. Consumers expect a smooth, user-friendly experience when shopping on their mobile devices, with fast page load times, easy navigation and a simple checkout process.

Mobile Payments: Mobile payments are now a key aspect of mobile commerce, as consumers seek fast and secure ways to make payments on their mobile devices. This includes options such as mobile wallets (e.g. Apple Pay, Google Pay), one-click payments and biometric authentication.

Social commerce: Social media platforms are now a key aspect of mobile commerce, with retailers using platforms such as Instagram and Facebook to reach consumers and sell their products. Social commerce involves the integration of e-commerce features into social media platforms, allowing consumers to make purchases directly from their social media feeds.

                      2. The development of social commerce

Here are some key elements of the birth of social commerce:

The significant growth of social media: Social media platforms such as Facebook, Instagram and Pinterest have become an integral part of many consumers' lives. Retailers are harnessing the power of social media to reach a wider audience and increase sales. Social media platforms allow for a more effective and engaged way to connect with consumers, building brand awareness and customer loyalty.

Easy product discovery: Social media platforms offer consumers an easy way to discover products they may not have seen before. Consumers can browse their news feeds and see products used and recommended by their friends, influencers and brands they follow. This makes it easier for retailers to reach consumers who might not have been looking to buy their products.

Streamlined checkout process: Social commerce allows consumers to make purchases without leaving their social media feeds, simplifying the checkout process and decreasing cart abandonment. Many social media platforms now offer in-app payment functionality, which allows consumers to purchase products directly on the platform.

Influencer Marketing: Social media platforms have given rise to influencer marketing, where retailers work with social media influencers to promote their products. Influencers have a large social media following and help retailers reach new audiences and generate sales.

Data and analytics: Social media platforms offer retailers valuable data and analytics that can be used to improve their social commerce policies. Retailers have the ability to track metrics such as engagement, click-through rates and conversion rates.

           III. Statistics and insights on global ecommerce

E-commerce revenues are predicted to surpass $4.9 trillion by 2025, according to a Shopify analysis.

As a result of the epidemic, e-commerce revenues are expected to increase by 27.6 percent in 2020.

With projected sales of $1.9 trillion in 2020, China will surpass the United States as the largest e-commerce market, with $794.5 billion in sales.

According to Statista, mobile sales will make up 72.9% of all e-commerce purchases in 2021 as mobile commerce expands quickly.

Shoppers are increasingly doing their buying on online stores like Amazon, eBay, and Alibaba. According to a Webinterpret research, markets actually make up 62 percent of all online purchases worldwide.

According to a Walker Sands analysis, free delivery is a significant factor in e-commerce purchases, with 90% of buyers citing it as their main reason for making an online purchase.

According to a survey by Epsilon, personalization is becoming more and more essential in e-commerce, with 80% of consumers indicating they are more likely to do business with a brand that delivers tailored experiences.

According to Juniper Research, e-commerce fraud will cause losses of $25.6 billion by 2024, making it a growing issue.

According to a GlobalWebIndex survey, social media is becoming a more significant part of e-commerce, with 55% of consumers reporting completing a purchase using a social media platform.

According to a survey by Accenture, customers are placing a higher importance on sustainability, with 70% indicating they are willing to pay extra for ecologically friendly items.

                             IV. Prospects for global e-commerce

The predictions for the future of global e-commerce are very positive. Here are some trends and predictions:

Continued growth: E-commerce is expected to continue its upward trajectory, with global sales expected to reach $6.4 trillion by 2024, according to eMarketer.

Mobile is king: Mobile commerce will continue to dominate, with mobile sales making up an even larger share of e-commerce sales.

Augmented Reality: Augmented reality (AR) technology will become more prevalent in e-commerce, allowing consumers to virtually try on products before purchasing them.

Voice commerce: Voice assistants such as Alexa and Google Assistant are expected to play a larger role in e-commerce. According to Juniper Research, voice commerce is expected to reach $80 billion by the end of 2023.

Social commerce: Social media platforms will continue to integrate e-commerce features, making it easier for consumers to purchase products directly from social media sites.

Subscription Services: Subscription services will gain traction as consumers choose to have products such as food, beauty items or pet products delivered on a regular basis.

Same-day delivery: Same-day or even one-hour delivery options will become increasingly common as retailers look for ways to offer faster and more convenient delivery options.

Artificial intelligence: Artificial intelligence (AI) will be increasingly leveraged to personalize the shopping experience, provide customer service and optimize logistics and supply chain management.

Sustainability: Sustainable and environmentally friendly products will gain popularity as consumers become more aware of the impact they have on their environment.

            CONCLUSION

 E-commerce is a rapidly growing field, with global sales expected to reach $6400 billion by 2024. Understanding global e-commerce trends and statistics is critical for businesses to stay competitive and meet changing consumer demand. The current state of global e-commerce is characterized by the dominance of mobile commerce, the development of social commerce, and the significant growth of personalization and customer experience. Knowledge of consumer lifestyles and preferences can also help companies adjust their strategies and offerings to meet customer needs. COVID-19 has accentuated the shift to online shopping, with e-commerce sales expected to grow 27.6 percent in 2020.

Going forward, e-commerce is likely to continue its growth trajectory, with new technologies such as AI and AR driving innovation and improving the customer experience. However, e-commerce companies may be exposed to challenges such as fraud, sustainability concerns, and increased competition, and will need to remain adaptable and responsive to succeed in this dynamic industry.