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certainrebelarbiter · 11 months

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Military Vetronics Market Size, Share

The global military vetronics market size is projected to reach USD 8.22 billion by 2027, exhibiting a CAGR of 3.68% during the forecast period. Development of autonomous combat systems for military vehicles will ensure multi-dimensional growth of this market, observes Fortune Business Insights™ in its report, titled “Military Vetronics Market Size, Share and Global Trend by Product Type (Communication & Navigation Systems, Power System, Display System, C4 Systems, and Others) By Platform (Unmanned Ground Vehicles, Armored Amphibious Vehicles, Light Protected Vehicles, Special Purpose Vehicles, and Others) By Application (OEM and Aftermarket), and Regional Forecast, 2023-2027”. Battlefield environments are rapidly changing and modern warfare strategies require a heavy infusion of smart technologies to enhance alertness and augment the capabilities of the armed forces. In view of these evolving dynamics, defense agencies are conducting intense research to develop new technologies and equip combat vehicles with smart tools. For example, the Army Research Laboratory Artificial Intelligence for Maneuver and Mobility (AIMM) program under the U.S. Army Combat Capabilities Development Command aims to create AI-enabled vehicles that can serve robotic partners to ground troops, boosting their strength and combat capacities. The incorporation of next-generation technologies such as AI in defense systems will open new doors of innovation in the military vetronics domain.

Information Source -

The report states that the market value stood at USD 6.48 billion in 2019 and offers the following:

Careful segmentation of the market and detailed analysis of each segment;

Unparalleled insights into the market drivers, trends, and challenges;

A comprehensive evaluation of the regional dynamics of the market; and

In-depth research into the key players’ profiles and their preferred strategies.

Restraining Factor

Economic Fallout of COVID-19 to Lead to Defense Cuts in Several Countries

The global economic crisis precipitated by the COVID-19 pandemic has forced countries to reprioritize their spending. According to the World Bank, the world economy could shrink by 8% in 2020, if financial crises in major economies continue to intensify. The International Monetary Fund (IMF) projects that output from the Eurozone could decline by 10.2% in 2020, with recovery expected to begin towards the end of 2022. These projections have spelled serious for defense sectors in most of the major economies. In India, for example, the Indian Finance Ministry instructed ministries to cut their expenditures and experts believe that defense cuts could go as low as 40% in 2020. Moreover, the nationwide lockdown between March and May 2020 led to an estimated loss of USD 3 billion for Indian defense companies. In the UK, the government has suspended budget announcement for 2021 and has undertaken an Integrated Security and Defense Review to rethink spending priorities, which are likely to lead to defense budget cuts. The military vetronics market growth is likely to suffer in this scenario.

Regional Insights

North America Market to Gain Momentum Powered by High Defense Spending by the US

In 2019, North America led the military vetronics market share with a market size of USD 2.22 billion and is expected to continue its impressive performance during the forecast period. This is primarily attributable to the massive military expenditure of the US. The country is also making heavy investments in developing and procuring advanced military technologies, which will further drive the regional market.

In Asia Pacific, China and India are shaping the market dynamics as both countries have steadily expanded their military budgets over the past few decades. Furthermore, the constant threat of terrorist activities and increasing cross-border animosity among countries is also supporting the adoption of advanced defense technologies in the region.

Competitive Landscape

Key Players to Focus on Engaging with Government Defense Agencies

Competition in this market is characterized by the deepening engagement between government defense agencies and private defense companies. The main reason behind these public-private collaborations is that private companies provide the necessary technologies, while government agencies provide the required financial support, creating an exciting dynamic in the defense sector.

Industry Developments:

August 2020: Melbourne-based defense integrator, Tectonica, bagged a USD 25 million contract from the Australian Defense Ministry to build situational awareness systems for the country’s new fleet of Boxer Combat Reconnaissance Vehicles. The vehicles are being built by Rheinmetall Defence in Queensland.

June 2020: India’s Ministry of Defence cleared the procurement of 156 BMP 2 Infantry Vehicles for the Indian Army to modernize the existing infantry combat vehicle fleet of the Army. The total cost of the project is estimated to be INR 1,100crore.

List of Key Companies Profiled in the Military Vetronics Market Report:

Curtis Wright Corporation (The U.S.)

Thales Group (France)

Rheinmetall AG (Germany)

Lockheed Martin Corporation (The U.S.)

L3Harris Technologies, Inc. (The U.S.)

BAE Systems (The U.K)

Oshkosh Corporation (The U.S.)

Saab AB (Sweden)

Raytheon Technologies Corporation (The U.S.)

Leonardo S.p.A (Italy)

General Dynamics Corporation (The U.S.)

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healthcaremarketfmi · 1 year

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In 2022, the market for products for wound debridement is anticipated to be worth US$ 497.3 billion. The overall demand for wound debridement products is anticipated to increase at a CAGR of 5.6% between 2022 and 2032, reaching approximately US$ 857.55 Billion by 2032 due to the rise in the incidence of hard and heal wounds, as well as the rising number of collaborations, partnerships, and new product launches.

Demand for wound debridement products is surging steadily owing to its steady demand, especially from hospitals and specialty clinics. The new edition of the report from Future Market Insights (2021-2031) offers a post COVID-19 analysis on wound debridement sales across the globe. The report also expands on the previous competitive section, with divestures, mergers & acquisitions, and new forays analyzed.

According to latest analysis, wound debridement product sales have witnessed a minor decline in US, the largest market globally. However, demand still continues to be strong and manufacturers can expect a steady stream of opportunities during the forecast period. US currently accounts for nearly one-fourth of all wound debridement sales globally.

The study also finds that manufacturers are focusing on launching innovative products to consolidate their market share.

Get Latest Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-584

Key Takeaways from Study

Hospitals will remain the largest demand generators for wound debridement products

Strong demand in US to continue in 2021 and beyond, making North America the largest market globally

New product innovation to be a key focus area for manufacturers

Demand for wound debridement products rising in Asia Pacific as various economies make an early recovery from COVID-19 pandemic

Ask from Market Research Expert – https://www.futuremarketinsights.com/ask-question/rep-gb-584

Applications in Treating Chronic Ulcers and Surgical Wounds Driving Demand

Demand for wound debridement products continues to remain high for treating chronic ulcers and surgical wounds. According to the study, these two application areas continue to create opportunities for market players. Of particular significant is application in chronic leg ulcers. Chronic ulceration of lower legs continues to be a challenge area, with 3.6% of people older than 65 years suffering from this (Grant Medical College).

FMI’s study reveals that use of wound debridement products in treating these types of ulcers will continue to account for steady demand over the course of the forecast period.

Demand Likely to Increase in Asia Pacific

FMI’s analysis reveals US to be the most lucrative market for wound debridement products, but owing to relatively less impact on many Asian economies, demand is likely to surge.

China, India, and South East Asian countries have been lesser impacted by the covid-19 crisis, as compared to US and Western Europe. Further, healthcare sector in these countries is going through an infrastructure revamp, which is also likely to create opportunities for manufacturers.

Wound Debridement Products Market – Competitive Analysis

Manufacturers are focusing on the developing innovative wound debridement products to consolidate their positon in the market. These products are able to cure the wounds, prevent bacterial infections and accelerate the healing time. According to FMI, the key strategy being followed by the leading companies in the industry is the product portfolio expansion.

For instance, Axio Biosolutions, a leading Indian company working in the industry, is consistently working on the creation of an emergency wound hemostat. The company also launched an effective dressing namely “Axiostat” which gained a whole lot of importance and wide acceptance across the defense forces and civil hospitals. The dressing has helped majorly in preventing bleeding in the wounds.

A US based company namely, Organogenesis, manufactured “Purple”, a product that prevents the microbial growth in the wounds and also enables quick recovery. Various other players in the market have been continuously working to develop and manufacture products that get a high rate of profit.

Segmentation by Category

End Users

Hospitals

Ambulatory Surgical Centres

Specialised Clinics

Nursing Facilities

Others

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-584

Applications

Chronic Ulcers

Surgical Wounds

Traumatic Wounds

Burn Cases

Product Types

Hydrosurgical Debridement Devices

Low Frequency Ultrasound Devices

Surgical Wound Debridement Devices

Mechanical Debridement Pads

Traditional Wound Debridement Devices

Larval Therapy

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soodcharityfoundation · 2 years

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Sonu Sood Foundation Jobs | Sonu Sood Help India | Support Sonu Sood

Sonu Sood Foundation Jobs, founded by Bollywood actor Sonu Sood is deeply committed to its cause of providing healthcare, education, and career opportunities.

UNEMPLOYMENT CRISIS IN INDIA

Amongst all the problems that got highlighted during the pandemic in India was the unemployment crisis. According to a report by the Centre for Monitoring Indian Economy (CMIE), the rate of unemployment rose to 24% by April 2020, then dipped to 9.1% in December 2020, and dipped further below 6% in January 2021. Around 95 lakh lost their jobs during the COVID-19 lockdown. Though the statistics show an improvement, we still have the Herculean task of solving the unemployment crisis in India.

Before jumping onto the solutions to the above problem, let’s understand its types, causes, and equal impact on the country’s economy.

TYPES OF UNEMPLOYMENT CRISIS FOR MIGRANT WORKERS IN INDIA

Seasonal Unemployment

This is the topmost challenge faced by migrant workers. Opportunities of employment arise only during certain seasons of the year, and that too, those of daily wage jobs where exploitation is the most. Rural unemployment in India was at its worst during the pandemic.

Vulnerable Unemployment

Most of the migrant workers don’t have a record of their employment, there is a lack of proper documentation and they face the brunt of the uncertain job climate.

Technological Unemployment

The pandemic gave a very conducive environment for the digitization of many processes which cost a lot of jobs, especially unskilled laborers. Urban unemployment in India requires immediate corrective actions and Sonu for You.

Cyclical Unemployment

This was the most common cause of employee layoff in large numbers from MNCs, factories, and small-scale industries.

TOP REASONS FOR JOBLESSNESS IN INDIA

Large Population

India is currently the second most populated country in the world and will surpass China in the next four decades. There is no rocket science in understanding that this is the topmost reason behind youth unemployment in India.

Lack Of Education

India’s average literacy rate is 77.7%. It is a saddening fact that over 2 million graduates and half a million postgraduates are still unemployed in India.

Low Employment Skills

The majority of the migrants in India are unskilled and hence are unemployable.

Gender Bias

Only 19.9% of educated women in India are working. Many female migrant workers who worked as maids, nannies, cooks, etc lost their jobs during the pandemic.

MEASURES TO SOLVE THE UNEMPLOYMENT CRISIS FOR MIGRANT WORKERS IN INDIA

PRAVASI ROJGAR APP

The Pravasi Rojgar app was launched as a platform to connect job seekers with job providers. More importantly, it provides reliable employment to migrants who have been displaced by the COVID crisis. With help from Temasek, we have been able to match over 10 lakh job prospects to migrant workers. Our work is not yet over, and the Temasek team is actively providing job offers for migrant workers. It is one of the initiatives of SOOD CHARITY FOUNDATION, founded by actor Sonu Sood.

His vision is to empower migrant workers and make them job-ready and play a pivotal role in the economic growth and development of the nation.

Skill-based Training

This campaign also trains workers with the requisite skills to increase their chances of obtaining a good job. Learn Skills, a joint venture between Schoolnet India and the National Skill Development Corporation, conducts workers’ training and skill development.

Providing Basic Education

Basic education will help migrant workers with future employment and they can safeguard themselves from being duped.

Job Referrals

With the industry sector booming again, manual labor will be one of the most demanding jobs in the future. A skilled worker will not have a dearth of employment opportunities in the coming years.

For more information contact us.

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money-menderz · 2 years

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Indian economy

According to the IMF, the Indian economy grew by 9.5% in 2021, mainly driven by strong exports and domestic private investment. Measures taken by the government to contain the virus have exacerbated already existing problems across the country. Private consumption is expected to recover slowly on the weak outlook, as rising unemployment caused by the pandemic pushed millions of migrant workers back to rural areas and lost urban jobs. Nevertheless, according to the IMF, the economy should continue to grow steadily in the coming years and record an estimated GDP growth of 8.5% in 2022 and 6.6% in 2023. Visit our website to read more.

India's wide range of fiscal stimulus and public health responses to the pandemic have proven effective in 2021, supporting the country's continued recovery and helping to mitigate the ongoing impact of the COVID-19 crisis. The country's general government deficit stood at -9.4% at the end of 2021 and is expected to decrease slightly in 2022 and 2023, reaching -9.2% and -8.6% respectively. According to the IMF, inflation fell to 5.6% in 2021 and is expected to fall to 4.9% in 2022 and 4.3% in 2023. It is expected to rise to 88.8% in 2022 and 2022 over the next two years 88.1% in 2023. The government is focused on reducing inequality while striving to implement pro-growth reforms to get the economy back on track, such as MSMEs, boosting the infrastructure sector, agricultural infrastructure, food micro-enterprises, increased spending on employment in the public service and the special liquidity window. According to the government, the MSME sector is crucial for the inclusive growth of the economy and hence has become a key priority with the launch of various programs. Click here to know more.

INDIA has the world's largest youth population; However, according to the OECD, more than 30% of Indian youth are NEETs (not in employment, education or training). India continues to suffer from low GDP per capita ($2,098) and nearly 25% of the population still lives below the poverty line (about a third of the world's population living on less than $1.90 a day lives in India ) and the country Inequalities are very high: the richest 1% of the population owns 53% of the country's wealth. In addition, the informal sector, which accounts for the vast majority of India's workforce, has been particularly hard hit by the COVID-19 pandemic, increasing its risk of slipping back into poverty.

Sponsored by : The Prestige Travels

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mzemo0 · 2 years

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“The Worst is Yet to Come”— Recession 2023 & the Looming Uncertainty

Recession 2023 is just around the corner. The global economic crises are now inducing the certainty of a looming recession. Economists and financial organizations warned of upcoming uncertainty; however, regrettably, the world failed to decode the uprising of the economic catastrophe.

Today’s economies around the globe are confronting an urgent economic crisis and are on the brink of a recession. And, the experts fear the worst is yet to come!

Shear Impact on Leading Economies – US, UK, China, and India

“Global growth is slowing sharply, with further slowing likely as more countries fall into recession. My deep concern is that these trends will persist, with long-lasting consequences devastating for people in emerging markets and developing economies”

WORLD BANK GROUP PRESIDENT DAVID MALPASS

For the first time since 2009, the US declared negative GDP growth two quarters in a row, which officially qualifies as a recession.

The British Pound is at its historic low of $1.038 against US dollars due to rare emergency interventions. Cities and states in China are still in lockdown because of a rise in Covid-19 cases. On the other hand, Indian Rupee is at its 75-year low of Rupees 82.11 against the US dollar, soaring the hike in repo rates to 5.90%.

Srilanka already declared insolvency earlier this year. Russia and Ukraine war had already set the stage for World War III. And the recent resilience of china on Taiwan has tarnished the world economic environment.

All these together indicate the harsh truth: Recession 2023 will worsen the conditions of all major economies and push the globe into undefined circumstances like:

Central banks hiking the interest rates

Hike in energy and food prices

Depreciation of major currencies against the dollar

Central Banks Hiking the Interest Rates

To counteract rising inflation and the impact of a strong currency on the economies, central banks are hurriedly raising interest rates. This happens as the US Federal Reserve keeps up its aggressive interest rate hikes.

On the other hand Reserve Bank of India is also struggling with persistently high inflation, which is made worse by geopolitical unrest, droughts, and supply-chain disruptions.

Hike in Energy and Food Prices

Russia is the world’s third-largest oil-producing country. It provides 7-8 million barrels of crude oil per day, or 14% of global production, to international markets.

The US and UK’s restrictions and many other nations’ decisions to stop purchasing Russian petroleum have exacerbated the crisis.

Russia and Ukraine are the biggest sunflower oil producers globally and the second most frequently used cooking oil. However, sunflower oil cannot yet be exported from Russia due to the tightening of import restrictions.

Plus, due to the increasing demand for sunflower oil in the market, other edible oils are now more expensive, raising the cost of food and other products across borders.

Depreciation of Major Currencies Against the US Dollar

Compared to the US dollar, the Japanese yen has dropped to its lowest level since August 1998. The Indian rupee is hitting its lowest in history, and for the first time in 20 years, the euro is now lower than the USD.

The decline of major currencies indicates the current state of the global economy. Moreover, it provides a crystal-clear forecast of how disastrous the recession 2023 would be if significant steps are not taken to control the situation.

The Decelerating Global Economy: IMF Forecast for Recession 2023

The International Monetary Fund (IMF) is warning that over a third of the economy is headed for a recession this year or next. Its world outlook shows growth withering from 6.0% in 2021, 3.2% in 2022, and an estimate of just 2.7% in 2023.

Recession 2023 will be different from all the recessions the world has faced to date. Different factors are driving economic crashes in different countries, for example:

A cynical recession by hiking interest rates in the US, a structural recession in China powered by the crashing property market, and financial insecurity exaggerated by the ongoing energy crisis in Europe

The ongoing turmoil in the national and global market is further sparking the threat of World War III.

Rising Certainty of World War III

Russia has already invaded Ukraine, and in opposition to Ukraine’s protection, the US cleared this support with Ukraine by immediately sending weapons to Ukraine. Such US behavior infuriated Russia, leading to increased attacks.

Russian President Vladimir Putin warned the US and European countries that further expansion of support to Ukraine might lead the situation to a ‘Global catastrophe.’

On the other hand, China assaulted Taiwan due to the recent visit of the US finance minister. The current clash of China and Indian troops erupt seriously, leading to grim conflict on north-east Indian borders.

Additionally, civil wars in countries like Somalia, Yemen, Syria, Ethiopia, Afghanistan, and Mali are raising the certainty of World War III.

Needless to say, World War III will destroy the world economy, resulting in more financial turmoil, starvation, a hike in oil prices, and the depreciation of currencies.

Recession 2023: The Worst is yet to come

Slowing down economies, high repo rates, depreciation of currencies, bankrupted countries, and looming wars between nuclear countries are further solidifying the onset of a cold economic winter.

The circumstance indicates what is coming. The indication of recession, the yell of the worst is yet to come.

However, to wrench the global situation on track, policymakers should continue to give needy powerful tailored assistance to respective governments while also putting in place reliable medium-term fiscal strategies.

#Economic Crisis #Recession

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coinmenconsultants · 4 years

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#impact of coronavirus on business #coronavirus impact on indian economy #Impact of Coronavirus Outbreak on Indian Businesses #coronavirus impact #Impact of Corona Virus on Indian Economy #coronavirus pandemic #coronavirus economic impact #coronavirus outbreak #Impact Of Covid-19 Crisis On Indian Economy

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gunjanchokshi · 4 years

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If you are also wondering what will be the impact of COVID-19 on the Indian share market then this blog is for you. We have tried to cover all the important aspects related to the Coronavirus impact on our stock market.

#Impact of COVID-19 #Indian Share Market #COVID-19 Indian Share Market #Coronavirus crisis Share Market #COVID-19 Impact stock market #COVID-19 on the Indian economy #impact of COVID-19 on Share market

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healthcaremarketfmi · 1 year

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Wound Debridement Products Market Major Revenue Gains are Expected by 2032

The study also finds that manufacturers are focusing on launching innovative products to consolidate their market share.

Get Latest Sample Copy@ https://www.futuremarketinsights.com/reports/sample/rep-gb-584

Key Takeaways from Study

Hospitals will remain the largest demand generators for wound debridement products

Strong demand in US to continue in 2021 and beyond, making North America the largest market globally

New product innovation to be a key focus area for manufacturers

Demand for wound debridement products rising in Asia Pacific as various economies make an early recovery from COVID-19 pandemic

Ask from Market Research Expert – https://www.futuremarketinsights.com/ask-question/rep-gb-584

Applications in Treating Chronic Ulcers and Surgical Wounds Driving Demand

FMI’s study reveals that use of wound debridement products in treating these types of ulcers will continue to account for steady demand over the course of the forecast period.

Demand Likely to Increase in Asia Pacific

FMI’s analysis reveals US to be the most lucrative market for wound debridement products, but owing to relatively less impact on many Asian economies, demand is likely to surge.

Wound Debridement Products Market – Competitive Analysis

Segmentation by Category

End Users

Hospitals

Ambulatory Surgical Centres

Specialised Clinics

Nursing Facilities

Others

For in-depth insights, Download a PDF Brochure – https://www.futuremarketinsights.com/reports/brochure/rep-gb-584

Applications

Chronic Ulcers

Surgical Wounds

Traumatic Wounds

Burn Cases

Product Types

Hydrosurgical Debridement Devices

Low Frequency Ultrasound Devices

Surgical Wound Debridement Devices

Mechanical Debridement Pads

Traditional Wound Debridement Devices

Larval Therapy

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soodcharityfoundation · 2 years

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Sonu Sood Foundation Jobs | Sonu Sood Help India | Support Sonu Sood

Sonu Sood Foundation Jobs, founded by Bollywood actor Sonu Sood is deeply committed to its cause of providing healthcare, education, and career opportunities.

Before jumping onto the solutions to the above problem, let’s understand its types, causes, and equal impact on the country’s economy.

For more information contact us.

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jedi-anakin · 4 years

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2020 – what happened so far

(it’s impossible to include all, but I try my best)

January

January 1 – Palau became the first country to ban sun creams containing ingredients that are harmful to coral and marine life.

January 2 – The government of New South Wales, Australia, declares a state of emergency whilst the government of Victoria, Australia declares a state of disaster amid large bushfires that have killed as many as 500 million animals.

January 3 – A US drone strike at Baghdad International Airport kills Iranian general Qasem Soleimani and Iraqi paramilitary leader Abu Mahdi al-Muhandis.

January 5 – Iran pulls out of the 2015 nuclear deal, will not limit its uranium enrichment.

January 7 – 56 people are reported killed and over 200 injured in a crush at the funeral of general Qasem Soleimani in the city of Kerman, Iran.

January 7 – A 6.4 magnitude earthquake in Puerto Rico, island's largest in a century, kill 1 person and destroy 800 homes.

January 8 – Ukraine International Airlines Flight 752 is shot down by Iran's armed forces shortly after takeoff from Tehran Imam Khomeini Airport, killing all 176 people on board.

January 8 – Duke and Duchess of Sussex announce they are stepping back as "senior" royals, will work towards becoming financially independent.

January 16 – The impeachment trial of the President of the United States, Donald Trump, begins in the US Senate.

January 26 – Kobe Bryant and his 13-year-old daughter Gianna Bryant dies in a helicopter crash.

January 30 – The World Health Organization (WHO) declares the outbreak of the disease as a Public Health Emergency of International Concern.

January 31 – The United Kingdom and Gibraltar formally withdraw from the European Union at 11PM (GMT), beginning an 11-month transition period.

January 2020 was the hottest January in recorded history according to National Oceanic and Atmospheric Administration

February

February 3 – Cruise ship Diamond Princess with 3711 passengers quarantined in Yokohama port, Japan after cases of coronavirus found on board.

February 5 – The US Senate acquits US president Donald Trump on articles of impeachment.

February 8 – 20 people dies in a mall shooting in Thailand.

February 9 – Deaths from the Coronavirus overtake those of Sars (2003) with 813 deaths worldwide.

February 10 – More than 30 bushfires put out by heaviest rainfall for 30 years in New South Wales, Australia, helping end one of the worst bushfire seasons ever, 46 million acres burnt, over 1 billion animals killed, 34 people dead.

February 11 – Snow falls in Baghdad, Iraq, for only the second time in a century.

February 23 – First major coronavirus outbreak in Europe in Italy with 152 cases and three deaths, prompting emergency measures, locking down 10 towns in Lombardy.

February 23 – China's Supreme Leader Xi Jinping describes the country's coronavirus outbreak as the China's largest health emergency since 1949.

February 24 – Former Hollywood producer Harvey Weinstein found guilty of rape and a criminal sexual act.

February 29 – Luxembourg becomes the first country in the world to make all public transport in the country (buses, trams, and trains) free to use.

February 29 – A conditional peace agreement is signed between the United States and the Taliban in Doha, Qatar. The U.S. begins gradually withdrawing troops from Afghanistan.

March

March 8 – Italy places 16 million people in quarantine, more than a quarter of its population, in a bid to stop the spread of COVID-19. A day later, the quarantine is expanded to cover the entire country, becoming the first country to apply this measure nationwide.

March 9 – International share prices fall sharply in response to a Russo-Saudi oil price war and the impact of COVID-19. The Dow Jones Industrial Average (DJIA) plunges more than 2,000 points, the largest fall in its history up to that point. Oil prices also plunge by as much as 30% in early trading, the biggest fall since 1991.

March 11 – The World Health Organization declares the COVID-19 outbreak a pandemic with 121,564 cases worldwide and 4,373 deaths.

March 11 – Harvey Weinstein is sentenced to 23 years in prison for a criminal sex act and rape in New York.

March 12 – Global stock markets crash. The Dow Jones Industrial Average goes into free fall, closing at over −2,300 points, the worst losses for the index since 1987.

March 13 – The government of Nepal announces that Mount Everest will be closed to climbers and the public for the rest of the season due to concerns from the COVID-19 pandemic in Asia.

March 14 – Spain goes into lockdown after COVID-19 cases in the country surge.

March 16 – The Dow Jones Industrial Average falls by 2,997, the single largest point drop in history and the second-largest percentage drop ever at 12.93 percent, an even greater crash than Black Monday (1929).

March 17 – European leaders close the EU's external and Schengen borders for at least 30 days in an effort to curb the COVID-19 pandemic.

March 17 – The island of Luzon, the largest island of the Philippines, is placed under the enhanced community quarantine due to the coronavirus pandemic in the country.

March 18 – The European Broadcasting Union announces that the Eurovision Song Contest 2020 will be cancelled due to COVID-19 in Europe, the first cancellation in the contest's 64-year history.

March 20 – The worldwide death toll from COVID-19 surpasses 10,000 as the total number of cases reaches a quarter of a million.

March 20 – Smoke from Australian bushfires killed more people than the fires - 417 vs 33 according to new study published in "Medical Journal of Australia."

March 22 – A prison riot in Colombia, which was sparked by coronavirus fears, left 23 inmates dead and another 83 injured.

March 24 – Indian PM Narendra Modi orders a 21 day lockdown for world's second most populous country of 1.3 billion people.

March 26 – Global COVID-19 cases reach 500,000, with nearly 23,000 deaths confirmed. American cases exceed all other countries, with 81,578 cases and 1,180 deaths.

March 28 – North Korea launched an unidentified projectile off the coast of Japan. This is the sixth launch in the last month.

March 30 – The price of Brent Crude Oil falls 9% to $23 per barrel, the lowest level since November 2002.

March 30 – The International Olympic Committee and Japan suspend the 2020 Summer Olympics and are rescheduled for July 23 to August 8, 2021.

April

April 2 – The number of confirmed cases of COVID-19 passes 1 million worldwide.

April 5 – British Prime Minister Boris Johnson admitted to hospital suffering from coronavirus COVID-19.

April 7 – Japan declares a state of emergency in response to COVID-19, and finalises a stimulus package worth 108 trillion yen (US$990 billion), equal to 20% of the country's GDP.

April 10 – The death toll from COVID-19 exceeds 100,000 globally.

April 14 – The International Monetary Fund (IMF) says it expects the world economy to shrink 3%, the worst contraction since the Great Depression of the 1930s.

April 14 – US President Donald Trump freezes funding for the World Health Organization pending a review, for mistakes in handling the coronavirus COVID-19 pandemic and for being "China-centric", prompting international criticism.

April 15 – The number of confirmed cases of COVID-19 passes 2 million worldwide.

April 16 – 22 million Americans have filed for unemployment in 4 weeks (5.2 million in the last week), wiping out 9 1/2 years of job gains.

April 20 – Oil prices reach a record low.

April 25 – The global death toll from COVID-19 exceeds 200,000.

April 27 – The number of confirmed cases of COVID-19 passes 3 million worldwide.

April 28 – US Department of Defense releases three declassified videos of possible UFOs from 2004 and 2015.

April 30 – British Captain Tom Moore, who raised more £30 million for the National Health Service walking in his garden, turns 100 and made an honorary colonel by the Queen.

May

May 5 – The UK death toll from COVID-19 becomes the highest in Europe.

May 6 – Irish organisation repays a 170 year old favor, raising over $2 million (to date) for US Navajo Nation and Hopi Reservation badly affected by coronavirus. In 1840s Choctaw Nation sent $170 to aid Irish potato famine.

May 6 – Hungary has become the first EU member state to lose their democractic status according to the NGO Freedom House.

May 10 – The number of confirmed cases of COVID-19 passes 4 million worldwide.

May 12 – Gunmen storm a maternity hospital and kill 24 people, including two newborn babies, in Dashte Barchi, a majority-Shia neighborhood of Kabul, Afghanistan.

May 13 – Every African country now has cases of coronavirus COVID-19.

May 14 – The UN warns of a global mental health crisis caused by isolation, fear, uncertainty and economic turmoil.

May 16 – 118-year old American department store JC Penney files for bankruptcy.

May 19 – Greenhouse gas emissions dropped 17% worldwide in April 2020 when world was in lockdown, in study published in "Nature Climate Change."

May 19 – Two dams on Tittabawassee River in central Michigan breached by floodwaters, forcing evacuation of thousands of residents.

May 21 – Cyclone Amphan makes landfall in eastern India and Bangladesh, killing over 100 people and forcing the evacuation of more than 4 million others. It causes over US$13 billion in damage, making it the costliest cyclone ever recorded in the North Indian Ocean.

May 26 – George Floyd, an African-American man dies after he was handcuffed and lying face down on a city street during an arrest, Derek Chauvin, a white Minneapolis police officer kept his knee on Floyd's neck for 8 minutes and 46 seconds despite he was pleading for breath.

May 26 – Costa Rica becomes the first Central American country to legalise same-sex marriage.

May 26 – Twitter adds warning labels to warn about inaccuracies in US President Donald Trump's tweets for the first time.

May 26 – After a recording by a bystander about the arrest of George Floyd went viral the four officers who were present were fired. The same day a demonstrations and protests took place in the Minneapolis–Saint Paul area.

May 27 – The Chinese National People's Congress votes in favour of national security legislation that prevents subversion, terrorism, separatism and foreign interference in Hong Kong.

May 27 – Spain begins 10 days of mourning for victims of COVID-19.

May 28 – The United States Department of Justice released a joint statement with the FBI, saying they had made the investigation into George Floyd's death "a top priority".

May 29 – Derek Chauvin was arrested and charged him with third-degree murder and second-degree manslaughter, becoming the first white officer in Minnesota to be charged for the death of a black civilian.

May 30 – The first crewed flight of the Dragon 2 is launched from Cape Canaveral, Florida, the first manned spacecraft to take off from U.S. soil since 2011. The next day the spacecraft successfully reached the International Space Station (ISS).

May 31 – Since May 26 over a 100 city in all 50 states in the US was held supporting those seeking justice for George Floyd and the Black Lives Matter movement, and speaking out against police brutality.

May 31 – The hacktivist group Anonymous released a video after remaining silent for 3 years demanding justice for George Floyd.

May 31 – The number of confirmed cases of COVID-19 passes 6 million worldwide.

#2020 #covid19 #coronavirus #black lives matter #politics #history #protest #economy #justice #environment #long post #very long post #text post #I hope some of yall will find something you didn't know of #(I did)#also stay safe and healty!

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newscountryindia · 4 years

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With buckets & utensils, migrants in Gurgaon walk to rlwy station daily hoping to return home Image Source : AP With buckets & utensils, migrants in Gurgaon walk to rlwy station daily hoping to return home…

#CMIE #Coronavirus Lockdown #Coronavirus pandemic #COVID-19 pandemic #food #haryana lockdown 4 migrants Gurgaon walk to railways station to return home #India GDP #indian economy #internal remittances #Lockdown impact #migrant exodus #migrant labourers #migrant workers #migration crisis

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stockbiz · 3 years

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Affect of Stock Market on Economy

The Indian economy is the third-largest in purchasing power parity, which will continue to grow in the coming times. That said, the country’s booming economy is likely to experience several ups and downs, including movements in its stock market, which can significantly impact its growth.

For instance, from 1994–2005, the stock market in India underwent significant systematic restructuring. During this period, the highlights of the Indian economy included a GDP growth of 6.1% on average. On the other hand, the Indian stock market remained immune to the pandemic-induced economic crisis during the second wave of Covid-19 in 2021.

So, let’s understand how the stock market affects India’s economy:

The Impact of Stock Market on the Indian Economy

The rise and fall in stock prices tend to influence numerous economic factors, including consumption and business investment. Moreover, just as how the stock market affects the economy, several conditions also impact the stock market.

Here are some of the ways in which the stock market affects our economy:

Wealth effect

The markets get their volatile character from the price fluctuations of individual stocks. As prices increase or decrease, market volatility influences businesses and consumers. During a bull phase, the stock prices go up. More often than not it boosts the economy’s overall confidence. Likewise, consumer spending also rises as individuals become more optimistic regarding the market and buy more goods and services. So, businesses offering these products and services begin to produce and sell more.

Additionally, a larger number of investors may enter the market which may push prices even higher. As a result, positive stock market movements can contribute to economic development. However, this is not always the case.

A rise in stock markets is not always coupled with economic growth. If you see 2021–22, stock markets breached all-time highs consistently and millions of new Demat accounts opened during this period; but our growth, measured by GDP, fell in almost every quarter during the financial year. This was because of the pandemic.

When stock markets fall

In contrast, when stock prices fall for a considerable period (known as the bear phase), they mostly affect negatively. Individuals may lose their optimism, with news reports on these price drops creating a sense of panic in the market. As a result, investors losing money are reluctant to spend more or turn to lower-risk assets, leading to a fall in consumer spending.

Influences pension fund

Any individual with an investment trust or private pension is affected by stock market movements, albeit indirectly. Many pension funds invest a considerable part in stocks, a drastic and consistent fall in prices can impact the value of these funds. This also indicates lower payouts in the future. Furthermore, households will have a lower income from pension, pushing them away from spending and saving more money.

Positively impacts the bond market

A stock market crash generally makes other investment vehicles more attractive for investors. As a result, they can move out of shares and turn to invest in bonds or gold. In fact, these investment instruments are known to offer higher returns during periods of uncertainty.

- article by Samridhi Bhandari

#stock market #indian economy #sensex #stockmarketnews

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iccpl · 3 years

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Media Mapping Survey by Top PR Agencies in India for Q1-FY21-22

This survey report provides information obtained through media analysis, regarding the news trends across major publications in the country. This survey report will pay particular attention to the news trends in the first quarter of FY2021-22 when the country was reeling under heavy pandemics. These observations do have limitations that will be noted and are based on a total number of stories categorised by different sectors. Not only India, but the entire world is experiencing a devastating wave of COVID-19. The spread of COVID-19 in India was initially characterized by fewer cases and lower case fatality rates compared with numbers in many developed countries, primarily due to a stringent lockdown and a demographic dividend. However, economic constraints forced a staggered lockdown exit strategy, resulting in a spike in COVID-19 cases. This factor, coupled with low spending on health as a percentage of gross domestic product (GDP), created mayhem because of inadequate numbers of hospital beds and ventilators and a lack of medical personnel, especially in the public health sector. Nevertheless, technological advances, supported by a strong research base, helped contain the damage resulting from the pandemic. In the first ten days of May, India’s reported count of COVID-19 deaths was nearly 40,000, roughly accounting for a third of deaths worldwide during this period. The media ecosystem continues to be challenging this year – and that was before the pandemic. To inform the citizens during these uncertain times, newsrooms and media houses across the country have made pandemic coverage a priority. While there is an abundance of news to be reported on the global pandemic, the esteemed media houses of the country pointed out several other news trends to keep people educated and aware.

THE INDIAN MEDIA

“FREE PRESS IS ESSENTIAL TO FREE SOCIETY”

The Indian Media Industry is one of the world’s most diverse and vibrant in addition to being largely free and fair. The Indian media landscape has changed significantly over the last one decade. With the advancement in technology, the Indian media industry has been burgeoning like never before and expanded its reach, in terms of the number of outlets, whether in television, radio, print or digital.

At this hour of the global pandemic, media has successfully played the role of a watchdog of the government functionaries and has also aided in participatory communication in raising major issues faced by the citizens of the country. Several media platforms across the country kept providing credible news and information to the citizens of the country when they most needed it without letting fear affect them amid COVID-19. The onset of the global pandemic and ensuing lockdown has dealt a severe blow to the Indian economy. It is being reported that the Indian Media & Entertainment sector, which saw a contraction of around 24 per cent at Rs 1.38 lakh crore in the pandemic-struck 2020, is expected to log growth this year and double its revenue to Rs 2.68 lakh crore by 2025.

Print newspapers in India have been seeing a significant surge in revenue, making it the largest global market for the industry. The most popular daily in the country is “The Times of India” that had the highest average readership in 2017. India’s print industry is to be able to retain their audiences through digital platforms, while still maintaining enough advertising and subscription revenue to continue different editions.

TREND ANALYSIS OF COVID-19 OUTBREAK IN INDIA

More than 15 countries including the US, Russia, France and the United Kingdom rushed critical emergency use equipment to enable India counter the COVID-19’s deadly second wave. Ministry of External Affairs announced that several countries are sending hundreds of oxygen concentrators, respirators and large quantities of liquid oxygen to help India at this hour of the pandemic. The Delhi High Court announced that it will take up court proceedings through virtual mode from April 9 to April 23. India became the first country in the world to report over 4 lakh new cases on April 30, 2021. It was being speculated that the COVID-19 wave that plunged India into the world’s biggest health crisis has the potential to worsen in the coming weeks, with some research models projecting that the death toll could more than double from current levels. Several states of the country introduced lockdowns, although Prime Minister Narendra Modi resisted a national effort after one imposed by the Central government last year fueled a humanitarian crisis with migrant workers fleeing the cities on foot and in some cases bringing the virus with them. A devastating second wave of coronavirus in India has seen hospitals and crematoriums overwhelmed and widespread shortages of oxygen and medicines. Hospitals across India are also experiencing oxygen shortages, with some forced to put up signs warning of a lack of supplies. War of words erupted between the Central government and several state governments such as Delhi & Maharashtra government over oxygen supply.

Fitch group company (India Ratings) said “the second wave of COVID-19 infections will be less disruptive than the first wave for the business environment as corporates are better prepared”. But it was being reported that smaller businesses including micro, small and medium enterprises are laying off more employees as demand and sales have plummeted due to localised lockdowns implemented by the state governments. The Centre for Monitoring Indian Economy, recently said that “the unemployment rate in the country has touched a four-month high as over 70 lakh jobs have been impacted.” Amid the concerns regarding shortage of COVID-19 vaccines in the national capital, the Delhi government recently stated that “the vaccination of the 18-44 age group remained suspended for the fifth consecutive day” and further informed that there is no COVAXIN stock available for any age group.

AAP MLA Atishi said “Delhi has already shut 235 of the 368 inoculation centres for this category due to a shortage of vaccines.” Few other states including Maharashtra suspended vaccination for 18-44 age group, citing shortage of doses. Amid the COVID-19 outbreak in the country, cases of Mucormycosis (Black Fungus) have emerged in patients who were in the recovery phase of the disease. Hundreds of corpses were also found floating in the Ganga river or buried in the sand of its banks in the northern state of Uttar Pradesh, fearing they were COVID-19 infected.

Prime Minister during his latest address to the nation said "The Centre is taking back total control of vaccination now, will be implemented in next two weeks. The Centre will give free vaccines to states for all above 18. From 21 June, the Centre will provide free vaccines to states." Prime Minister also announced free ration for the poor under Prime Minister Garib Kalyan Yojana till Diwali.

As the second wave of coronavirus in the country continues to slow down, several states have started easing the strict restrictions which were imposed to check the spread of the deadly virus. Delhi resumed the Metro train services with 50 per cent seating capacity.

Malls, markets and market complexes were allowed to open between 10 am to 8 pm on odd-even basis in accordance with their shop numbers. Private offices also opened up with 50 per cent manpower. In Uttar Pradesh, the curfew continues to remain in districts that have more than 600 actives cases. With states unlocking across the country and the Delta variant still around, health experts are continuously stressing on the need to re-open with a robust vaccination strategy and COVID appropriate behaviour.

The Drugs Controller General of India (DGCA) has granted its nod to Indian pharmaceutical giant Cipla to import Moderna’s COVID-19 vaccine for restricted emergency use in the country. The Directorate General of Civil Aviation (DGCA) extended the restrictions on scheduled international passenger flights to and from India extended till July 31st, 2021. DGCA also stated “However, international scheduled flights may be allowed on selected routes by the competent authority on a case-to-case basis.”

US President Joe Biden and house unanimously passed a resolution recognizing the devastating impact of COVID-19 in India and expressing the sense of the House of Representatives to urgently facilitate assistance. Indian Council of Medical Research (ICMR) recently stated that India crossed the milestone of conducting 400 million tests for COVID-19 since the pandemic began, with the last 50 million tests being conducted over the last 24 days. The United States’ National Institutes of Health reported that India’s first indigenously developed COVID-19 vaccine Covaxin is able to effectively neutralise the Alpha and Delta variants of SARS-CoV-2. Read more on: https://www.iccpl.in

#media #mediasurvey #mediamapping #top pr agencies

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brooklynmuseum · 4 years

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Stronger Together

Hi Brooklyn. We hope you and your loved ones are safe and healthy. The times are difficult and it is valid if you may not feel your best. It is okay to feel your feelings, and take your time to heal during these moments. As you navigate these difficult times, remember that you are a part of the community that is here to support you. The Brooklyn, and New York community at large, is one of the most vibrant and resilient there is!

If you have questions, or have more you wish to see or to spotlight, reach out. We want to hear from you. Please email [email protected].

Also, text 'COVID' to 692-692 to get important COVID-19 related updates sent straight to your phone. You can text 'COVIDESP' to get updates in Spanish.

Local Business Highlights of the Week:

Oxalis is temporarily closed for service, but will offer pick up and delivery on Friday, Saturday and Sundays from 4pm-8pm of fresh and prepared foods, cocktails and wine. Place your order, or pre order at www.boxalis.com , by phone at (347) 627-8298 or by email at [email protected]

No-frills Korean flavors are still being served at the famed Kimchi Taco. Take out and no-contact delivery available from 12-10pm daily.

Census

A reminder to complete the 2020 Census today at my2020census.gov.

In this webinar, you will learn about the guiding principles the Census Bureau is implementing for the use of administrative records and research findings for the housing and demographic questions on the survey.

On May 12th, United Way is launching United We Count, United We Vote – a civic engagement campaign to mobilize people in civic participation and collective action during this time of uncertainty and social distancing. Register for the event here.

For literature on the 2020 Census and how it may affect your community, check out the reading below:

How Changes to the 2020 Census Timeline Will Impact Redistricting

Census in a Time of COVID-19: What can we do as individuals?

Resources for children and families

COVID-19 has dramatically changed our lives. All New Yorkers deserve to celebrate, honor, and memorialize their loved ones. Get funeral & burial guidance from the City of New York.

If your work schedule was reduced as a result of the coronavirus and you are unable to pay your rent, you can apply for a Cash Assistance special grant request to get benefits for emergencies.

The City of New York's COVID-19 Hotel Program provides free hotel stays to eligible New Yorkers who cannot isolate where they live and frontline workers in the healthcare industry who wish to reduce the risk of transmission at home. This will help New York City stop the spread of COVID-19.

Scholastic Learn At Home allows open access to daily learning journeys divided into four grade spans—Pre-K–K, Grades 1–2, Grades 3–5, and Grades 6–9+, covering ELA, STEM, Science, Social Studies, and Social-Emotional Learning.

CORE: CHILDREN OF RESTAURANT EMPLOYEES is dedicated to serving food and beverage service employees with children, who are faced with a health crisis or a natural disaster and are in need of support and in need of our help. If you have been diagnosed with COVID-19, you can apply here.

Resources for artists, freelancers, and gig workers

Rauschenberg Emergency Grant Program provides one-time grants to artists of up to $5,000 for unexpected medical emergencies.

Max’s Emergency Relief & Resource Fund is a one-time grant award of between $500-$1000 ($1,000 when funds are available) to assist artists in all art disciplines who have a steady work history, but who are experiencing a temporary financial set back. Visit their application here.

In light of the impact of the COVID-19 pandemic on the artist community, on March 18 Foundation for Contemporary Arts launched the FCA Emergency Grants COVID-19 Fund. To find out your eligibility, click here.

Science Fiction and Fantasy Writers of American have developed an Emergency Fund to help genre writers pay medical expenses not otherwise covered by insurance. Visit their website for more information.

Employment Resources

New York State is waiving the 7-day waiting period for Unemployment Insurance benefits for people who are out of work due to Coronavirus (COVID-19) closures or quarantines. Visit the New York State Department of Labor (DOL) website for more information.

The New York State Worker Adjustment and Retraining Notification (WARN) Act requires businesses to give early warning of closing and layoffs. More information for business is available from the New York State Department of Labor.

Find Employment through Virtual Workforce Career Center online. The Virtual Workforce1 Career Center system connects New Yorkers, via web or phone, to one-on-one help from professionals who can help.

NY Job Listings during Quarantine organized by Davide Chen.

PTFB is offering assistance in finding employment at Northwell Health for FOH/BOH foodservice and housekeeping positions. Find out how to apply here.

Resources for the Undocumented Community

List of Resources for Undocumented People in NYC may be located here. Document is translated in three languages, English, Spanish and Portuguese.

For more information regarding DACA, check out Informed Immigrants.

CUNY Citizenship will be live, May 13th at 12:00PM on Facebook with Shawn Rahman, Managing Attorney for Training and Capacity Building with the latest immigration updates.

Contact Jesus Perez if you are an undocumented student at Brooklyn College who needs support via email: [email protected] or phone: 718.951.5023

Funding Opportunities

The Carroll and Milton Petrie Student Emergency Grant Fund was created to provide eligible students facing short-term, nonrecurring emergencies with a one-time grant to alleviate the situation. To find if you are eligible, visit the Brooklyn College’s Website.

Volunteer or Participation Resources

The NYC Network of Worker Cooperatives has joined the national #ShareMyCheck campaign to encourage those in a relatively stable position to donate all or a portion of their check to people who are not eligible for these checks - those that are historically and contemporarily most impacted by economic and health crises.

LGBTQ+ Resources

Ohher Publishing angels is offering $50 relief funds for trans/non-binary/two spirt people of color who are in need of community support right now. To learn more, visit Leste Magazine.

Trans Lifeline is a trans-led organization that connects trans people to the community, support, and resources they need to survive and thrive. If you are in need of mental health assistance, visit their website here.

Upcoming Webinars

Tuesday, May 12: 2:00PM-3:30 PM: Brookings’ Reopening the Coronavirus-Closed Economy

Wednesday, May 13, 6:00PM-7:00PM: Make The Road New York will host a Seminario Web De Estudio Comunitario (community study webinar) on Facebook live.

Thursday, May 14, 2020 4:00pm-7:00pm: New York City Network of Worker Cooperatives is hosting a COVID-19 Health Awareness Training. The goal of this program is to Increase health and safety awareness for workers in industries with potential exposure to COVID-19.

Remember to Follow Our Elected Officials For Up To Date News:

Stay up to date with information provided by Governor Cuomo. Follow our New York State governor on Twitter, Facebook and Instagram for up to date information regarding new health guidelines closures, and executive orders.

The Mayor has a new Daily Message available on Twitter, Facebook, Instagram and YouTube every morning. If your constituents have questions, comments or concerns, they want him to respond to, they can send them using the hashtag #AskMyMayor

The Office of the Brooklyn Borough President provides the most up-to-date information and resources to Brooklynites. Follow these pages regularly and follow Brooklyn Borough President Eric Adams on social media for real-time updates.

Congresswoman for the 9th District, Yvette D. Clark is working hard in Congress to support our local communities. Follow the Congresswoman on her Twitter to receive updates on what is going on in Washington DC and resources available in your ‘hood!

Follow updates and news from Council Member Laurie A. Cumbo on Facebook and Twitter. Cumbo serves as the Council Majority leader for Brooklyn’s 35th District- Fort Greene, Clinton Hill, Crown Heights, Prospect Heights and Bed-Stuy.

Follow New York City Council Member Robert E. Cornegy, representing Brooklyn 36th District- Bedford Stuyvesant and Northern Crown Heights on Twitter , Facebook, and Instagram for important updates regarding COVID-19 updates.

Check out New York City Council Member Brad Lander’s resource page aimed to help NYC-based freelancers and artists navigate these uncertain times. Have your voice heard, fill out the survey and explore what benefits might be available to you. Follow him on Twitter for important updates.

Follow updates from the NYC City Immigrant Affairs office on Twitter interested in renewing your DACA application form. Call ActionNYC at 1-800-354-0365.

Roxanne Swentzell (Kah'p'oo Owinge (Santa Clara Pueblo), born 1962). Making Babies for Indian Market, 2004. Clay, pigment. Brooklyn Museum, Gift in memory of Helen Thomas Kennedy, 2004.80. © artist or artist's estate

#covid #brooklynstrong #brooklyn #resources #communityresources #coronavirusresources #strongertogether #nyc #brooklyn museum #covid-19 #community #coronavirus

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newstfionline · 3 years

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Wednesday, June 2, 2021

Meat Is Latest Cyber Victim as Hackers Hit Top Supplier JBS (Bloomberg) The world’s biggest meat supplier has become the latest casualty of a cybersecurity attack. JBS SA shut its North American and Australian computer networks after an organized assault on Sunday on some of its servers, the company said by email. The attack sidelined two shifts and halted processing at one of Canada’s largest meatpacking plants, while the company canceled all beef and lamb kills across Australia, industry website Beef Central said. Some kill and fabrication shifts have also been canceled in the U.S. Hackers now have the commodities industry in their crosshairs with the JBS attack coming just three weeks after the operator of the biggest U.S. gasoline pipeline was targeted. It’s also happened as the global meat industry battles lingering Covid-19 absenteeism after recovering from mass outbreaks last year that saw plants shut and supplies disrupted.

China’s future gateway to Latin America is a mega-port in Peru (America Economia) Despite local opposition, Chinese investors are pumping billions into the Chancay project, a massive port complex north of Lima that will boost trade between China and Latin America as a whole, reports Gonzalo Torrico in business magazine America Economia. The Chancay port complex, with an initial investment of $1.3 billion, will turn this fishing and farming town into a regional hub that could redefine shipping lines in the entire southern Pacific. Since 2019, the project’s main stakeholder is the Chinese state firm Cosco Shipping Ports (60%). Cosco is a partner in 52 port projects worldwide. But in the Americas, Chancay is the first being built with Chinese capital. The complex is expected to be fully functional by 2024, helping consolidate China’s influence in South America, and in Peru especially. In the last decade, this country has become the regional crux of China’s economic and geopolitical interests. So far, Chinese firms have invested more than $30 billion in Peru, a figure exceeded only by money spent in Brazil. The principal sector is mining, which has absorbed more than half all these investments and has proven to be an excellent source for the mineral materials China needs to keep its industrial sector humming. One of those materials is copper, which Peru produces in great quantity.

More boats on canals and rivers than in 18th century as thousands opt for life afloat (Guardian) Little more than six months ago, Paul and Anthony Smith-Storey were still living in a three-bedroom semi-detached house near St Helens in Merseyside. But now the couple—and their dog, Dexter—have traded it all in for a life afloat in a two-metre-wide narrowboat on Peak Forest Canal in Derbyshire. “We took the equity out of the house, bought the boat and thought we’d enjoy it while we were still alive,” said Anthony, 48, an NHS sonographer. They are not the only ones. Record numbers are spending time on Britain’s rivers and canals, according to the Canal and River Trust. Such is their popularity that the charity, which manages 2,000 miles of waterways across England and Wales, says: “There are more boats on our canals now than at the height of the industrial revolution.” The Inland Waterways Association (IWA) said there are about 80,000 powered boats across the waterways of England, Scotland and Wales. Boat builders and sellers put the surge in interest down to the pandemic.

NSA spying row: US and Denmark pressed over allegations (BBC) European powers have pressed the US and Denmark over reports the two worked together to spy on top European politicians, including German Chancellor Angela Merkel. Danish broadcaster DR said Denmark’s Defence Intelligence Service (FE) collaborated with the US National Security Agency (NSA) to gather information from 2012 to 2014. Mrs Merkel is among those demanding answers. “This is not acceptable between allies, and even less between allies and European partners,” said French President Emmanuel Macron, after speaking with Mrs Merkel.

The Taliban Say They’ve Changed. On the Ground, They’re Just as Brutal. (WSJ) During a recent trip, Kamaluddin visited a barbershop to obtain the illicit pleasures of clean-shaven cheeks and a fashionable mustache. But the shopkeeper, 25 years old, planned to let it regrow before heading home, wary of incurring the Taliban’s wrath. His father and brother were caught last month using smartphones in their home district of Arghistan, an area effectively ruled by the movement. The insurgents confiscated the devices, which could be used for supposedly un-Islamic behavior such as playing music and videos, and forced the men to swallow their SIM cards. Kamaluddin recounted the incident as he waited to return from Kandahar, the government-controlled provincial capital. “They will put me in prison if they see me like this,” he said. “If the Taliban come back, they will bring darkness.” The Taliban, ousted from power by a U.S.-led invasion 20 years ago, are poised to expand their influence as American forces leave the country. The group has sought in recent months to present themselves as a responsible state actor to regional powers and the West. Indeed, some of their most-violent punishments, such as amputations for accused thieves, are used less frequently than in the 1990s as they seek to avoid alienating Afghans. Yet accounts from Kamaluddin and others living under Taliban rule, as well as insurgents themselves, suggest that the group’s governance is as ruthless as ever.

Delhi Reopens a Crack (NYT) The Indian capital, which just weeks ago suffered the devastating force of the coronavirus, with tens of thousands of new infections daily and funeral pyres that burned day and night, is taking its first steps back toward normalcy. Officials on Monday reopened manufacturing and construction activity, allowing workers in those industries to return to their jobs after six weeks of staying at home to avoid infection. The move came after a sharp drop in new infections, at least by the official numbers, and as hospital wards emptied and the strain on medicine and supplies has eased. Life on the streets of Delhi is not expected to return to normal immediately. Schools and most businesses are still closed. The Delhi Metro system, which reopened after last year’s nationwide lockdown, has suspended service again. But the city government’s easing of restrictions will allow people to begin returning to work—and, more broadly, to start to repair India’s ailing, pandemic-struck economy.

Myanmar carries out air strikes after militia attacks (Reuters) Myanmar’s military used artillery and helicopters on Monday against anti-junta militias in the country’s east, witnesses and rebels said, forcing residents to flee and join thousands of others displaced by recent fighting in the region. Residents of Kayah state bordering Thailand said the military was firing artillery from positions inside the state capital Loikaw into Demoso, about 14.5 km (9 miles) away, where a People’s Defence Force said it had attacked troops and was coming under heavy fire. Myanmar’s military is fighting on multiple fronts and struggling to impose order since its Feb. 1 coup against Aung San Suu Kyi and her elected government, sparking nationwide protests and paralysing strikes. Decades-old conflicts between the military and ethnic minority armies have also reignited, while militias allied with a shadow government have stepped up attacks on the army, which has responded with heavy weapons and air strikes, forcing thousands to flee.

North Korea’s missile warning (Foreign Policy) North Korea warned the United States on Monday that relaxing South Korea’s missile limits could lead to an “acute and instable situation” in the region. “The termination step is a stark reminder of the U.S. hostile policy toward (North Korea) and its shameful double-dealing,” said Kim Myong Chol, an unofficial mouthpiece for Pyongyang, in a statement issued by North Korea’s official Korean Central News Agency. The United States recently lifted a 500-mile range restriction on South Korea’s missile program, in place since 1979. South Korea’s industrial ability to ramp up new missile production “could lead to an arms race with devastating implications,” Donald Kirk wrote last week in Foreign Policy.

Australian court upholds ban on most international travel (AP) An Australian court on Tuesday rejected a challenge to the federal government’s draconian power to prevent most citizens from leaving the country so that they don’t bring COVID-19 home. Australia is alone among developed democracies in preventing its citizens and permanent residents from leaving the country except in “exceptional circumstances” where they can demonstrate a “compelling reason.” Most Australians have been stranded in their island nation since March 2020 under a government emergency order made under the powerful Biosecurity Act. Surveys suggest most Australians applaud their government’s drastic border controls. The Australian newspaper published a survey last month that found 73% of respondents said the international border should remain closed until at least the middle of next year.

Lebanon’s economic crisis (Foreign Policy) Lebanon’s economic collapse could rank within the top 3 “most severe crises episodes globally since the mid-nineteenth century,” according to a new report issued by the World Bank. The report cites the “brutal and rapid” contraction of Lebanon’s GDP, which dropped from $55 billion in 2018 to $33 billion in 2020. “The social impact of the crisis, which is already dire, could rapidly become catastrophic,” the report notes, as more than half of Lebanon’s population is already living below the poverty line.

Congo killings (Foreign Policy) At least 55 people were killed in overnight attacks near two villages in eastern Congo, close to the border with Uganda. Congolese officials blamed the attack on the Allied Democratic Forces, an Islamist insurgent group that in March was deemed a foreign terrorist organization by the United States. The group killed more than 850 people in 2020, according to the United Nations. At the beginning of May, President Félix Tshisekedi declared a state of siege across the affected regions, surging troops in a bid to quell violence.

#headlines #news

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