#India parlays education | Explore Tumblr Posts and Blogs

the-womanifesto1 · 1 year

Text

Sports Betting Strategy - Win More Money Betting Sports

Clients need to have multiple sportsbook accounts at different drivers to view as well as contrast lines, probabilities and also promotions. Newbie bettors will generally keep it basic just by betting on the cash line. There is nothing wrong with this as it's a great way to recognize just how sportsbooks work and it's a wager that's easy to recognize. Nonetheless, even more skilled gamblers will understand that betting on find more info different lines stands for a far better means to obtain extra worth. Don't fall into the catch of simply utilizing one sportsbook for your bets.

What is the smartest method to bet?

youtube

Make bets based upon the chances. Betting with your head instead of your heart is all about making wise wagers based on probabilities instead of emotions. Often it''s a good concept to bank on the numbers instead of who you assume will certainly win, because this can represent a better value if the chances are in your support.

Of course, bookies are on to this, which is why most totally free wagers or welcome offers have very complex terms, entailing collectors or requiring you to wager your benefit multiple times. This technique functions ideal in highly publicised occasions or significant competitors. While lines are usually relocated by educated punters, they can just as well be moved by casuals, i.e. oblivious wagerers, the bookmakers' moneymaker.

Utilizing Squander Betting To Your Advantage

Distribute your money uniformly, wagering between 1% and 5% on a single wager. Make a decision how much you can spend wagering, without it affecting your various other monetary obligations. Also, spread your bankroll equally and attempt not to run through it in one go. To locate reverse line activity, look for markets that have the majority of bank on one side of the market but the line is moving against it.

Many thanks to all authors for developing a web page that has been read 716,152 times.

Remember, five minutes of top quality study can be a gaining variable.

One of one of the most vital things to understand concerning sporting activities betting is the principle of the factor spread.

After you have actually made your bet, you see the factor spread out relocate to -10 on game day. This can take place for a couple of various factors consisting of way too much activity being placed on the underdog by the betting public or by things like injuries or other player elements. Hedging additionally works similarly when you've made a multiple wager parlay and also you've won most of your bets. With parlays one loss is all it requires to shed the entire parlay. If there's simply one game to go, think about hedging by betting against your initial parlay wager to lock in a revenue. There are possibilities in sports wagering where a punter can make a. wager that is contrary to his original wager.

Best Sports Betting Approaches

Yet you require to be able to remove yourself from the outcome you desire as well as rather choose one of the most likely to occur. The other side is that you can cash out when your choice is shedding. It may reach a point where the game is connected or perhaps extremely close, allowing you to cash out for a small loss or perhaps to recover cost. In the 2022 NFL season, the Kansas City Chiefs were priced as high as 1000 prior to the initial video game of the period. So, if you placed a $100 wager at those probabilities you would certainly obtain make a $1,000 profit. You require to have more than simply a suspicion or feeling regarding a wager as well as instead, back that up with information that can be applied to ensure you get on the right lines.

Betting Tips - Tipsters For Horse Racing, Football, NFL, NBA, Tennis - Outlook India

Betting Tips - Tipsters For Horse Racing, Football, NFL, NBA, Tennis.

Having accounts at several wagering websites will certainly aid you shop the line. If you ever before locate on your own on full throttle, it is very important to relax. Whether you had a great or awful wagering week, take a breather. Tossing cash away on poor wagers as if you have nothing to shed. Conversely, spending the upcoming week to games doing your research pays off.

Did This Post Aid You?

The logic is that the public is mosting likely to be incorrect most of the time. To do this, you'll have to discover data on the percent of bank on each side of a market and also bet the ones where most bets are greatly on one side. Check to see whether a suit or a game is provided by the sportsbook a couple of days in advance. Pinpoint the sportsbook with one of the most desirable chances as well as lines as well as position your bet there. Compare the lines as well as odds on the exact same market on every sportsbook.

Wells Fargo Championship Picks: PGA TOUR Golf Best Bets, Predictions, Odds to Consider on DraftKings Sportsbo… - DraftKings Nation

Wells Fargo Championship Picks: PGA TOUR Golf Best Bets, Predictions, Odds to Consider on DraftKings Sportsbo….

The company safeguards players' rights as well as intends to maintain high criteria in the sector. The MGA is a column of fairness and openness for players and operators alike. If you think the only method a group wins is if they win the pace fight and also they are a slow-down group, you can parlay that team and also the under. Lines on these video games aren't always offered as a result of the odd nature, however this is an example of a workable approach. If you captured wind of that very early in the season, you can have made some money on it.

#Youtube

0 notes

demetriazapata-blog · 4 years

Text

Exactly where Is Sports Betting Legal?

No extra than ten "sports betting permits" are permitted under the draft legislation. On the internet betting sites across India will now have to enhance their betting markets for the sport to cater to the requirements of the nation. If you want to understand how sports betting operates and how to get began putting bets you've come to the appropriate place. The AGA says sports betting has only grown far more prevalent given that PASPA passed in 1992. It is, without a doubt, the most versatile on line sportsbook about, and one with an interface that supports betting with Indian Rupees. Nascar's Scott Warfield is championing sports betting in a field that has historically had small of it. Individuals betting on sports in California do so through bookies and offshore betting apps. But the action is no longer basically in the coverage, and publishers are entering the sports betting organization themselves, spurred by the Supreme Court overturning a ban on sports betting outside of Nevada in Might 2018 and New Jersey legalizing that organization a month later. Sports betting is regulated by the Arkansas Racing Commission. In the case of Dr. K R Lakshmanan vs State of Tamil Nadu (Lakshmanan Case"), the Supreme Court held that betting on horse racing was a game of ability. 11 entities would be permitted to apply for on-premise sports betting licenses - Hollywood Casino in Bangor and Oxford Casino Scarborough Downs racetrack the 4 off-track betting places in Brunswick, Sanford, Lewiston and Waterville and the state's 4 Native American tribes. In November 2019, the state's executive council approved DraftKings as New Hampshire's contracted sports betting provider. Tom Wolf signed a new sports betting bill as portion of a broad legislation push that incorporated on the internet poker and DFS. Here at The Sports Geek we've place collectively a team of professional sports bettors who are all incredibly certified to contribute to the internet site with their betting advice for the night's action. Probably most critical to the college-sports-crazed North Carolinians, the bill will enable for betting on college sports teams within the state. DE had been 1 of a few states to already present a form of legal sports betting with parlay wagering initially exempt from the federal ban. Our purpose is to be the best internet site on the Internet for cost-free sports betting data and picks, and we are regularly working on discovering new approaches to improve our internet site to greatest match your requires as a sports bettor. Dream11 is a competitors against other players and you can only predict using a 11 man lineup, at the cricket betting web pages you can bet on a wide variety of bets , and you are playing against the residence who gives these bets. The Pennsylvania Gaming Control Board essential all sportsbooks to effectively launch ahead of becoming capable to partake in on-line betting. Legalizing sports betting would need a state statutory modify, not a constitutional amendment, according to an Aug. There is clear evidence of harm from buyers betting with revenue they do not have, so it is absolutely suitable that we act decisively to shield them. Thanks to this, we can cover a wide selection of gambling-connected topics, such as sports betting, casinos, and a lot more. Sort of. Mississippi sports betting will have to be done inside a land-primarily based or water-primarily based casino. Las Vegas has also embraced the Digital Age, with numerous sportsbooks offering on the net sports betting. One particular of the most important factors why people today became so interested to gamble is mostly for the reason that it brings an uncertain outcome with an element of danger as opposed to no pressure gaming It is in our nature to be been keen on figuring out the future outcomes and how items will turn out - regardless of whether events relate to somebody's life or a refer to a specific game or sports occasion Nevertheless, lots of individuals confuse gambling with betting and we will attempt to clarify some variations in between the two terms in this write-up. SBR's ideal sportsbooks list aids sports bettors obtain trusted and trusted on line betting web pages. The state will receive 50% of sports betting income, and the wagering is anticipated 메이저사이트 to produce an estimated $7.five million for education in fiscal year 2021 and $13.5 million two years later. The restriction also impacts the Tri-Cities, such as most of downtown Somersworth, which saw sports betting as one more tool in its revitalization efforts. Similarly, quite a few in the sector see sports betting as important to elevated sports engagement, particularly amongst younger consumers. It would of course be regrettable if the advent of legalized sports betting in the country provided an avenue for unsavory interests to get involved in the market. Barstool Sports CEO Erika Nardini is driving the controversial sports brand's push into sports betting with Barstool Bets.

1 note · View note

lucieburgos6-blog · 4 years

Text

Odds Comparison, Sports Betting Odds

It highlights the risks and rewards of betting on sports and will support you to decide no matter whether this is the suitable activity for you. Preschlack helped launch in 2018 the cost-free-to-play betting app, NBC Sports Predictor, which has helped get typical 메이저놀이터 sports fans accustomed to generating picks throughout reside games, even in states where sports gambling is not however legal. Legal sports betting in Nevada did not modify following the Supreme Court choice. If the betting is on games of likelihood, this is prohibited in most Indian States. This has made betting on cricket a lot much easier, and the odds have turn out to be a lot more eye-catching as effectively. Delaware has 3 메이저놀이터 casinos that offer sports betting - Delaware Park, Dover Downs and Harrington. You may be questioning why you must bother betting at a casino sportsbook or betting app rather of offshore web pages or a neighborhood bookie. All betting websites are regulated by some kind of government authority which demands that they ought to keep track of exactly where the cash comes and goes. A further tactic of Online Sports Betting is to carry out sufficient investigation on the games that you intend to bet on. Just due to the fact your favourite group is playing doesn't imply that you must place all your money on it. Failure to carry out proper study is 1 of the surest ways to fail. If the betting is on games of likelihood, this is prohibited in most Indian States. This has produced betting on cricket substantially a lot easier, and the odds have become a lot more appealing as effectively. Delaware has 3 메이저놀이터 casinos that offer sports betting - Delaware Park, Dover Downs and Harrington. You may be asking yourself why you should really bother betting at a casino sportsbook or betting app as an alternative of offshore web sites or a neighborhood bookie. The culture minister, Helen Whately, said: There is clear proof of harm from consumers betting with revenue they do not have, so it is absolutely proper that we act decisively to protect them. You can only make a bet in a state exactly where DraftKings is licensed for regulated on-line sports betting. Money-strapped states searching for revolutionary new revenue sources are beginning to see the sports betting market as a realistic way to produce money. 888sport is one particular of the greatest on the web betting web-sites as it offers premium betting promotions from a terrific welcome bonus on a customer's first deposit to a variety of promotions that mix sports betting with events and prizes that consumers want to participate in. there is normally something to play for apart from the thrill of winning that will constantly set 888sport apart from other betting internet sites and gives prospects just about every cause to make a sport bet. Betting on sports, and college football particularly, is illegal. Chinook debuted its sports betting lounge Aug. Parlay betting on NFL and college games is offered at various retailers all through the state. Sponsored by Republican Adam Koenig, of Erlanger, the bill would legalize sports bets at race tracks and the Kentucky Speedway and it was amended to also enable betting on teams of in-state public universities, like UofL and UK. With the Law Commission of India recommending that gambling and sports betting be legalised, we examine other governments that taxed their way to richer horizons. Records of functionality are often kept, and for common sports, this details may possibly be widely announced or reported in sport news Sport is also a major source of entertainment for non-participants, with spectator sport drawing big crowds to sport venues , and reaching wider audiences through broadcasting Sport betting is in some situations severely regulated, and in some situations is central to the sport. Betting on sports, and college football specifically, is illegal. The Indian betting market has seen some of Europe's big on the net players open up their services, and with that brings lots of positive aspects to India's betting market such as elevated solutions and reputable security. Any state hunting to legalize sports betting will begin with brick and mortar sportsbooks. On-line sports betting in the United States is now legal thanks in significant component to New Jersey and its lawmakers. With on the net gambling in the US reaching fever pitch, you will need a web-site that is going to inform, educate and give the pretty newest relating to on-line sports betting and casinos. Fox Sports spent $236 million to invest in gaming firm The Stars Group, which designed the Fox Bet app that launched on September 1. A spokesperson for theScore declined to say how substantially cash the publisher has spent in establishing its sports betting app, which it constructed with sports betting tech provider Bet.performs. As anticipated, Arkansas became state quantity nine to launch sports betting, followed closely by New York, Iowa and most lately, Indiana.

1 note · View note

from-the-embers · 6 years

Video

freedom by Brooke Shaden Via Flickr: {Giveaway 5 of 10} READ TO END TO WIN A 2 WORKSHOPS, total value of $600. When I was a kid I wanted to be a writer, which morphed into journalism, novels, poetry, and more. From there I took a more practical approach when grown-ups asked what I wanted to be: an English teacher, I would say. And I meant it. It sounded so wonderful to me – talking about books all day long, a nice routine, and the possibility of inspiring others through literature. I never, ever wanted to be a photographer. I never thought I’d become an artist. About 4 months after I began photography I realized my passion for teaching was still there. Why not, I thought, parlay that into teaching photography. So, I set up my first workshop in a warehouse in LA. Eight people came, and in that moment my dreams of becoming a teacher came true. It wasn’t traditional, but it felt just as real and fulfilling. I’ve taught hundreds of workshops over the years in lots of countries and to every type of person. Nothing – nothing – is more fulfilling than teaching self-expression workshops to those vulnerable to trafficking and abuse. I’ve worked with sex trafficking survivors, refugees, and more in India, Sri Lanka, Thailand, and Greece. I teach how we can use art to tell our own story, rather than relying on others to tell it for us. That is a power no one can take from the people I’ve taught, and that gives me tremendous hope for their futures. Education is precious. Two of my friends have kindly offered to give away a space each to their online workshops. Alex Beadon is giving away her Instagram workshop "Gram Slam" worth $200 and Lindsay Adler is giving away her studio lighting workshop worth $400. Comment below and be sure to follow them as well for a chance to win one of these online classes (and let me know if you have a preference!).

#conceptual #surreal #portrait #emotive #expressive #veil #beautiful #fantasy #flickr

10 notes · View notes

12betindiacricket · 3 years

Text

8 Thoughts All Sports Bettors Have Experienced

World Sports Betting: You love it one day, you hate it the coming. But you also know that you’d noway want to live without sports gambling. The excessiveness that’s built-in to betting on sports (for the maximum of us) makes for some high highs and low lows.

Still, it is not possible to stop coming back for another action.

In a way, sports gamblers have an unexpressed fraternity that makes for great discussion at a sports bar, if nothing else. Partaking in each other’s pain and triumph is just part of it. In this article, I’ll explain the passions all sports gamblers shave experience.

Quit My Job and Turn into a Professional Handicapper? : World Sports Betting

Let’s say that you’ve had a great month. You’ve been putting in the time on best online betting sites in india and doing your investigation leading up to games, gambling with value in mind, and for whatever reason, you come across to be qualified to forecast what’s going to happen on the field. besides, it hits you. You think, Can Try professional sports staking as a career?”

For maximum people, this is at far as it gets, and thank goodness for that. However, I sincerely hope you don’t have anyone more depending on you If you’re still considering this as a feasible career path. It’s rare for people to make it as professional gamesters.

Winning Day Again :

When it rains, it pours. Sometimes, you find yourself in the midst of what seems like an endless losing bar. But At our site online gambling sites India, the Indeed more good news is that it’ll turn around sooner or later. Remember, when you start losing, don’t chase your losses.

Try Again :

Look, I get the appeal of parlays. Everyone does. I am getting it, that there’s the temptation of a big payout. Risking$ 20 to win$ 500? Sign me up! The probability of a four-leg or five-leg parlay hitting (which isn’t that multiple games when you this) is so low that you’re better to off.

Instead of putting in multiple bets on a parlay ticket, disconnect them up and you’ll have a better chance of winning (or not losing) money. If you want to earn a good amount then, You’re better off putting in a bigger bet than you’re taking your chances with a multi-leg parlay.

Moneyline preferences seem Easy to Wins : World Sports Betting

I’m a huge supporter of Moneyline bets & want to bet on some sites like Online Gambling Games in India. The only caveat is that I’m only a big fan of them if you’re talking about the money line martyr. Don’t get suckered into allowing that Moneyline minions are good plays because they’re supposed to win. That’s a manner for disaster!

The lowermost line is that the only smart way to bet is by keeping the generalization of “ value” in mind. Trying to get easy victories is a good way to drain your bankroll fast.

Surely! I Pay for Sports Betting Advice :

When you’re in the middle of a losing week, month, or even a losing period, you’ll do just about anything to set things on the right path. perhaps you’ve tried following a number of Twitter or Instagram accounts that point to “ experts” who, for whatever reason, are much more educated at betting on sports than you could ever vision of being without their help.

When you pay for picks, you’re already in, before you make your first bet. Either, the experts constantly times have a winning record over the course of several eras. So, unless you make the exact same picks they do for a really long period of time, the results aren’t exactly secure.

My Decision-Making Isn’t Significantly Worse while Drinking : World Sports Betting

The part of your brain that holds you back from making bad opinions is impacted when you start drinking alcohol. Your lowered inhibitions aren’t just responsible for you lilting your words while you talk to that girl at the bar who has literally no interest in you, it’s hurting your bankroll, too.

Drinking and betting don’t go well together. Put your bets in before you head out, and once you’ve popped the first top, don’t open your sportsbook app unless you’re looking at the picks you submitted previously in the day.

Feeling that, I’m Not a True addict If I Don’t Bet on My squad :

As the cliché goes, “ sucker” is just short for the word “ fanatic.” Another saying that comes to mind is,

Feeling & Emotions – The enemy of reason.

When you play on your favorite squad, both of these come into play, and the results are normally not good.

Some sports gamblers might be in it for the money, but I suppose the main reason the majority of amateur punters bet on sports is to increase their entertainment of the sports they love to watch.

Line Shopping Does Not Matter :

Punters who are new to the world of sports handicapping might not be familiar with line shopping. Luckily, it’s enough well to understand. Take a look around at different online sportsbooks and go with the one who has the best lines for your particular bet.

You have to understand that you can win even a single bet that you would have lost by getting a better line, it changes your profitability. You can’t afford to miss out on a single victory as a sports gambler.

Conclusion

World Sports Betting, Despite the hard desire to win, sports gamesters know that it’s simply about having some skin in the game at the end of the day. Putting your knowledge to the test can clearly come with a price.

Good luck!

0 notes

freenewstoday · 4 years

Photo

New Post has been published on https://freenews.today/2021/01/18/he-may-hold-the-winning-ticket-in-tech-and-silicon-valley-knows-it/

He may hold the winning ticket in tech and Silicon Valley knows it

The recipient of all those billions is Jio Platforms, part of Ambani’s sprawling conglomerate Reliance Industries. Jio started as a mobile network in 2016. Since then it has amassed around 400 million users and launched a streaming service, a video conferencing app, a fiber broadband network and digital payments.

Its super-cheap data has helped bring hundreds of millions of Indians online for the first time. When Ambani launched Jio, India had fewer than 350 million internet users. Now, it has 750 million.

Jio has become the gateway to India’s internet, and Ambani holds the keys.

“A lot of this change, especially in terms of bringing people online, has happened on the back of the positive disruption that Jio triggered,” Ajit Mohan, Facebook’s vice president and managing director in India, told CNN Business. “Jio has been the hero in that story in terms of providing that access, and I think that sets the context for our investment and Jio and our partnership, because… we saw alignment of the vision.”

Ambani’s vision keeps getting bigger.

After raising more than $20 billion for Jio Platforms, Reliance went courting investors for its retail business. Between late September and early November, Reliance Retail raised around $6.4 billion, much of it coming from Jio investors including Silver Lake, General Atlantic, TPG as well as the sovereign wealth fund of Saudi Arabia.

Ambani’s retail chain is the biggest in India, with more than 12,000 stores. And he has made no secret of his ambitions to combine his retail and tech empires to take on two big US players. Amazon (AMZN) and Walmart’s (WMT) Flipkart dominate online shopping in India, controlling more than 60% of the market between them. Ambani is making an aggressive play for a slice.

He’s doing that with JioMart, an initiative announced in 2019 to bring online thousands of India’s mom-and-pop stores known as “kiranas.” And Reliance Retail recently acquired one of its biggest Indian rivals, Future Retail, for $3.3 billion — a deal that has kicked off a protracted and complex legal battle with Amazon.

Even as he digests all of that, India’s richest man is already looking to the next big thing — bringing 5G to India in the second half of 2021.

“It will be powered by an indigenous developed network, hardware, and technology components,” Ambani told a virtual audience at the India Mobile Congress in November, in a possible nod to calls for China’s Huawei to be excluded from building the country’s 5G network.

Any one of those plans on its own would be a big undertaking and executing them all together is a huge ask even for one of the world’s top billionaires. His ambition is to fundamentally transform the way more than a billion people communicate, do business and make purchases.

And the ultimate goal is to reach billions more.

“We are creating compelling homegrown solutions in education, health care, agriculture, infrastructure, financial services and new commerce,” Ambani said in his speech. “Each of these solutions, once proven in India, will be offered to the rest of the world to address global challenges.”

Geography vs Technology

But the billionaire, who is reportedly looking to take Jio public in the United States, may find it challenging to parlay the company’s meteoric rise in India into success on the global stage.

“Reliance does not have any one area where it has a technological edge and superiority like say Google’s search, Facebook’s portfolio of social networks, Amazon’s e-commerce engine, Alibaba’s combination of strengths in e-commerce and payments or Tencent’s super app,” said Ravi Shankar Chaturvedi, research director at the Institute for Business in the Global Context at Tufts University’s Fletcher School.

Rather, Jio’s dominance has been largely geographical, helped by a regulatory regime that supports homegrown players.

“One would be hard pressed to come up with a meaningful list of technological innovations and IP that Jio created that could be the basis for its expansion abroad,” Chaturvedi added.

India is, of course, a massive prize in itself that Jio has largely already captured.

The country’s online population of 750 million — second only to China, which has shut out US companies for decades — is the biggest draw for global tech. Facebook, Google, Amazon, Netflix (NFLX) and Uber (UBER), to name a few, have already spent several years and billions of dollars to crack open the market.

“For Silicon Valley, the Indian market alone is bigger than the five next biggest consumer markets — by population — in the world combined,” said Chaturvedi.

Where China has its “Great Firewall” of online censorship that keeps out US tech companies en masse, Ambani has succeeded in creating a “Great Indian Paywall” that runs through Jio, Chaturvedi argues.

Global tech firms have been forced to navigate a series of regulatory hurdles from an Indian government that has shown a greater willingness to clamp down on foreign players — whether blocking Facebook’s efforts to provide free internet, changing how companies can store and collect data or, more recently, shutting out Chinese tech companies over a border dispute.

Ambani has been the biggest beneficiary of many of those regulations, and the billionaire has been a vocal champion of Indian Prime Minister Narendra Modi and his campaign for a “self-reliant” India.

A few cracks — albeit small ones — have started to appear in Ambani’s dominance. Barely a day into 2021, the Securities and Exchange Board of India ordered Reliance Industries and Ambani to pay a $5.5 million fine over what the regulator described as a “fraudulent and manipulative trading scheme” over a former subsidiary in 2007.

But that’s unlikely to dent his tech ambitions. Ambani, who declined multiple requests to be interviewed for this article, is used to making audacious bets and having them pay off — usually with enormous resources at his disposal and a fair political wind at his back.

“After all he’s India’s richest man, he has therefore the deepest pockets in this country,” said Paranjoy Guha Thakurta, journalist and co-author of Gas Wars: Crony Capitalism and the Ambanis. “I can say without any risk of contradiction that he has been supported by a favorable political dispensation and a regulatory regime,” he added.

From Oil to Jio

The corporate empire that Ambani presides over today looks rather different to the one he inherited.

His father, Dhirubhai, started a small yarn trading firm in Mumbai in 1957 that he subsequently spun into a thriving textile business. Over decades, it grew into the sprawling conglomerate Reliance Industries spanning energy, petrochemicals and telecommunications. Dhirubhai’s death in 2002 kicked off an acrimonious succession battle that split the business in two.

Mukesh Ambani ultimately took over the company’s main oil and petrochemicals assets, while his younger brother Anil assumed control of the newer ventures, including telecom and digital businesses.

Then, in September 2016, Mukesh Ambani stormed onto his brother’s turf with an offer that blew the lid off India’s telecom and internet growth. Jio gave every new customer six months of free 4G internet and Indians signed up by the millions, triggering a brutal price war.

“You lure your users by giving something free, and once they’ve got hooked onto it, you gradually start increasing the prices,” Thakurta said. “It’s the classic way all kinds of monopolies work across the globe.”

One of the major casualties of the price war was Anil Ambani. His Reliance Communications company announced in late 2017 that it would sell most of its assets and exit the mobile business. Two days later, Jio acquired Reliance Communications. And two years later, the elder Ambani underscored the divergence in the brothers’ fortunes by helping pay off an $80 million debt to Ericsson (ERIC), keeping Anil out of jail.

Jio’s meteoric rise has helped offset some of the volatility in oil that cost Ambani billions last year and set up Reliance for a future that’s further removed from its core business. In fact, a company spokesperson previously told CNN Business that the name Jio — which means “to live” in Hindi — was chosen in part because it’s a mirror image of the world “oiL.”

The bold attempt to transform his $170 billion conglomerate faces a massive test in 2021 as the Indian economy recovers from its first recession in nearly a quarter of a century. Like other tech companies around the world, Jio has strengthened during the pandemic, but the question is whether it can continue to grow fast enough for the company to meaningfully transition away from oil.

Ambani charted his course years ago.

“Data is the new oil,” he said in 2017, just six months into his campaign to disrupt India’s tech landscape.

India first, then the world

For American tech giants, having a big homegrown player in your corner often makes life easier in a foreign country, and Jio is by far the biggest in India.

“Why did Facebook, why did Google…put in their money in Jio at a time when the world economy is in a mess, the Indian economy is in recession, why would they do it? Obviously because there is more than an economic angle,” said Thakurta. “It’s also I believe, indirectly… a political insurance of sorts.”

Mohan, Facebook’s India head, denied that government regulation was part of the conversation.

“That didn’t have anything to do with our investment in Jio or the partnership,” he said. “It really did come from recognizing that this was a special company that had done pretty amazing work in transforming the digital infrastructure of India in a short period of time.”

From Ambani’s perspective, a wide-ranging coalition of some of the biggest names in tech is just a way to further Jio’s command over all aspects of India’s internet.

The company already controls a lion’s share of the pipes through its vast mobile network. Through Facebook, it is working to integrate JioMart with WhatsApp, the only platform in India with a user base comparable to Jio’s. With Google, it’s gunning for control of mobile devices by jointly developing an “entry level, affordable smartphone” for India’s huge middle class. And it’s even got an eye on the chip technology that underpins those networks and devices through partners such as Qualcomm.

“As digitization of the Indian economy and Indian society picks up speed, the demand for digital hardware will grow enormously. We cannot rely on large-scale imports,” Ambani said last month. “I clearly foresee India becoming a major hub for a state-of-the-art semiconductor industry.”

Qualcomm, a longtime Jio partner, joined the investment bandwagon by spending around $97 million in July for a 0.15% stake. Jio’s commitment to building out its own network while also developing a smartphone presented the chipmaker with a unique opportunity to get involved on both sides of Ambani’s internet access plan, according to Quinn Li, senior vice president and global head of the company’s investment arm Qualcomm Ventures.

“If you look at operators across the world, not many are that vertically integrated,” he told CNN Business. “Given we’re the technology supplier to the industry, we’re I think best equipped to work with Jio both on the device front as well as infrastructure.”

Ambani appears ready to leverage the global backing for Jio and Reliance Retail into IPOs, saying in June that he would “move towards listing of both these companies within the next five years.” An IPO for Jio Platforms on Nasdaq could come as soon as 2021, according to several media reports and industry analysts. Reliance did not respond to a request for comment on its IPO plans.

“I wouldn’t be surprised in the least,” said Thakurta. “Once you’re on Nasdaq, you give all these investors a good exit route.”

Ambani seems confident he can get the world to buy into India’s moment, anchored in his company. And given his track record so far, he has no reason not to be.

“Friends, we are about to step into a glorious decade of the India story,” he declared. “Nothing can stop India’s rise, not even Covid-19. This is our chance to create history.”

Source

#Indian billionaire Mukesh Ambani may hold the winning ticket in tech and Silicon Valley knows it - CNN #tech

0 notes

dipulb3 · 4 years

Text

India is the biggest prize in tech. Meet the gatekeeper

New Post has been published on https://appradab.com/india-is-the-biggest-prize-in-tech-meet-the-gatekeeper/

India is the biggest prize in tech. Meet the gatekeeper

Between March and November last year, even as the coronavirus upended lives and devastated economies around the world, India’s richest man was handed more than $27 billion to make a bet on the future of the internet.

Its super-cheap data has helped bring hundreds of millions of Indians online for the first time. When Ambani launched Jio, India had fewer than 350 million internet users. Now, it has 750 million.

Jio has become the gateway to India’s internet, and Ambani holds the keys.

“A lot of this change, especially in terms of bringing people online, has happened on the back of the positive disruption that Jio triggered,” Ajit Mohan, Facebook’s vice president and managing director in India, told Appradab Business. “Jio has been the hero in that story in terms of providing that access, and I think that sets the context for our investment and Jio and our partnership, because… we saw alignment of the vision.”

Ambani’s vision keeps getting bigger.

Even as he digests all of that, India’s richest man is already looking to the next big thing — bringing 5G to India in the second half of 2021.

And the ultimate goal is to reach billions more.

Geography vs Technology

But the billionaire, who is reportedly looking to take Jio public in the United States, may find it challenging to parlay the company’s meteoric rise in India into success on the global stage.

Rather, Jio’s dominance has been largely geographical, helped by a regulatory regime that supports homegrown players.

“One would be hard pressed to come up with a meaningful list of technological innovations and IP that Jio created that could be the basis for its expansion abroad,” Chaturvedi added.

India is, of course, a massive prize in itself that Jio has largely already captured.

“For Silicon Valley, the Indian market alone is bigger than the five next biggest consumer markets — by population — in the world combined,” said Chaturvedi.

From Oil to Jio

The corporate empire that Ambani presides over today looks rather different to the one he inherited.

Mukesh Ambani ultimately took over the company’s main oil and petrochemicals assets, while his younger brother Anil assumed control of the newer ventures, including telecom and digital businesses.

Jio’s meteoric rise has helped offset some of the volatility in oil that cost Ambani billions last year and set up Reliance for a future that’s further removed from its core business. In fact, a company spokesperson previously told Appradab Business that the name Jio — which means “to live” in Hindi — was chosen in part because it’s a mirror image of the world “oiL.”

Ambani charted his course years ago.

“Data is the new oil,” he said in 2017, just six months into his campaign to disrupt India’s tech landscape.

India first, then the world

For American tech giants, having a big homegrown player in your corner often makes life easier in a foreign country, and Jio is by far the biggest in India.

Mohan, Facebook’s India head, denied that government regulation was part of the conversation.

From Ambani’s perspective, a wide-ranging coalition of some of the biggest names in tech is just a way to further Jio’s command over all aspects of India’s internet.

“If you look at operators across the world, not many are that vertically integrated,” he told Appradab Business. “Given we’re the technology supplier to the industry, we’re I think best equipped to work with Jio both on the device front as well as infrastructure.”

“I wouldn’t be surprised in the least,” said Thakurta. “Once you’re on Nasdaq, you give all these investors a good exit route.”

Ambani seems confident he can get the world to buy into India’s moment, anchored in his company. And given his track record so far, he has no reason not to be.

“Friends, we are about to step into a glorious decade of the India story,” he declared. “Nothing can stop India’s rise, not even Covid-19. This is our chance to create history.”

0 notes

awesomessssblogs · 4 years

Text

Is Choosing A Career In Sports Management A Good Idea? Let’s Discuss!

Are you someone who has a mind for business and a passion for sports? Then making a career in sports management is the ultimate choice to nurture your interest. India’s love for sports is not unknown to any of us and the sports industry is one of the most popular industries in the country.The sports industry is internationally acclaimed, hosting an array of national and international opportunities. Not many are aware of the fact that sports management could be a full-fledged career with a decent salary.

Sports Industry is one of the most exciting industries to be a part of and has a fast pace that will keep you on your toes at all times. Whether you are an athlete or not, this industry is one of the biggest businesses in the world and needs people with sharp minds and analytical skills.Like other industries, the sports industry also has various departments like finance, marketing,sales, public relations, and others. Each department needs professionals with expertise in handling business and the ability to enhance existing functions. All of this needs training and in-depth knowledge!

Still not convinced? Let us help you!

Top 5 reasons why a career in the Sports Industry is as good as a winner’s trophy:

1. Fast-Paced Industry: The biggest and the fastest growing industry, ensuring opportunities for many. Exciting! Isn’t it? 2. Every-evolving opportunities: The industry of sport is always changing and is magnanimous in nature. It is a host to many promising futures and talents. 3. Exciting, Diverse, and Exclusive: Not many are aware of the magnanimity of the sports industry. Athlete or not, this industry has a lot of departments where you can apply your business skills. 4. Flexibility in work: From small to big, many sports organizations exist in various parts of the country. Some deal with high-profile clients while some manage the budding talents from various communities. 5. A chance to parlay an interest in a career: One of the best options for all sports enthusiasts! Be a part of the sports industry even if you don’t have the talent to play a sport.Why should you do an MBA in Sports Management? Forbes magazine has predicted that the sports industry is going to grow bigger and become a $75.7 billion industry. That is huge!

Sports networks and agencies keep hiring professionals with expertise as the fast-paced industry demands young talented minds who can handle a world full of sports personalities and agencies.MBA in Sports Management is a mix of sports and business knowledge. To make sure that the combination of the two is properly applied in the management, you will need expertise. The expertise of handling, analyzing, managing, and enhancing all the functions of the sports industry can only be achieved through a professional course.

MBA in Sports Management is an exclusive course that helps people pursue a career in the sports industry. The course is a professional approach to the subject and gives practical training in preparing young minds to take over the industry.

The curriculum is often well-planned and relevant to the current trends of the industry. From finances to technology to operational skills, everything related to the sports industry is covered fora comprehensive learning experience. Good colleges and universities offer practical knowledge as well where the application of all the theories learnt is taught. Along with job-related knowledge, an MBA curriculum consists of many things like life skill training for the out-and-out development of the students.

An MBA will fetch you managerial positions with dream salaries right from the beginning. Choose a college that helps and assists you with placements and prepares you for the same. It is down right important to look for a college with a strong placement cell.

Job roles that will shape your career in the sports industry after MBA in Sports Management:The industry has umpteen roles and opportunities available in every strata of the organization.Some of the most popular ones are:

1. Sports Marketing

2. Sports Event Operations

3. Sports Analyst

4. Sports Content Management

5. Athlete Management

Symbiosis School Of Sports Sciences - Start Your Career With The Best!Symbiosis School Of Sports Sciences is a college that understands the worth of the sports industry and prepares an individual to make a flourishing career in the same. The college offers a competitive curriculum with industry-relevant subjects and training to bring out the best in each student.

It aims to be the enabler of your career’s growth through its world-class educations and infrastructure. With top-notch faculty members and a well-planned curriculum, every step in SSSS is a step towards success.

What sets Symbiosis School of Sports Sciences is its student-centric approach and programs for imbibing industry-wide competencies. Industry experts are often guiding the students to enhance their skills and perform their best at the actual job. Practical training is given equal importance.The projects, assignments, and other activities are integral support to theory-based learning.

The whole system is a balanced combination of practical and theory-based learning. It promises a fun learning experience that is sure to change lives for the better.

#MBA in Sports Management #sports management colleges in India

0 notes

loyallogic · 6 years

Text

Super Lawyers Selectees Come in Many Forms

The journey to become a Super Lawyers selectee has many paths. In the most recent issues of Super Lawyers Magazine, the passion, determination and persistence of the Super Lawyers selectees jumps off the page. Read each article to get a better look at the hard work necessary to make the Super Lawyers or Rising Stars list.

2018 New York Metro Super Lawyers Magazine

It turns out that many of the tired, poor and huddled masses yearning to breathe free went on to law school. They specialized in practice areas such as corporate finance, personal injury and, naturally, immigration. Some learned about U.S. law by watching TV.

"If I tell you, you're going to laugh, but it's true: Matlock and Perry Mason," says Elsa Ayoub, owner of the Law Offices of Elsa Ayoub, PLLC. "I was fascinated by the arguments in court-and then the excitement at the end when they win. Because they always win."

The eight attorneys featured in the 2018 New York Metro Super Lawyers Magazine came from places as diverse as Cuba, Serbia, China and the Philippines. Some arrived for college; others were escaping violence and oppression. Each fell in love with the United States in their own way.

Look at the full article to read how each attorney arrived in America, the culture shock associated with immigrating to a new land, how they got invested in the law, the ways they stay tied to their cultures and more.

2018 Oklahoma Super Lawyers Magazine

John Kenney is a recording artist, inventor and former engineer. And that's not even his day job.

A detail-oriented researcher who parlays his former life as an engineer into his legal practice, Kenney also has nine patents to his name and two albums on the market as a country singer. At his day job, he focuses on technical and scientific issues, including intellectual property, products liability and environmental matters. He has handled cases throughout the U.S. and in several foreign countries, and written briefs for appeals to the U.S. Supreme Court. Kenney is also a frequent speaker and strong supporter of STEM education, advising teachers at the University of Oklahoma's K20 Center for Education and Community Renewal.

He has served twice as a temporary judge with two other appointed lawyers on the Oklahoma Court of Appeals, an experience that taught him the value of collaboration. "I came to realize that maybe there is something to this collective wisdom that is important, that maybe I'm not quite as smart as I thought I was by myself," he says. "That has carried me a long way as I've gone through life."

Read the whole story to find out how Kenney got into the law, and why he knows how to speak to juries-and country music fans, too.

2018 New England Super Lawyers Magazine

Mala Rafik was one of two children raised in Dubai-"back then, just beach and desert," she says, "our own little isolated world"-to a Catholic mother from India and a Muslim father from Pakistan. Her parents had both left home after high school to get jobs and send money back to their large families. They were, says Rafik, "the hardest workers I've ever known."

Her parents also encouraged compassion and generosity.

"My parents had three things they constantly ingrained in my brother and me: Work hard, never forget how lucky you are, and always give back," she says. "That's the way my parents lived their lives. They were the most generous, compassionate people."

From kindergarten through eighth grade, Rafik attended what is now the American School of Dubai. "I was surrounded by kids from every country and culture you can imagine," she says. "It was an international world that fostered empathy and broad perspective."

In fourth grade, Rafik and her classmates had to write a short essay about where they saw themselves in 20 years. What Rafik wrote still hangs on her office wall: I want to be a lawyer who can help people out of difficult situations.

Fighting within the rigorous legal confines of the Employee Retirement Income Security Act, which governs all long-term and short-term disability and health insurance plans provided by employers, Rafik has earned a reputation as one of New England's most respected health and disability insurance litigators and advocates.

To read more about Rafik and how she tips the scales toward plaintiffs in employee benefits litigation, access the entire article.

Get a look at all the issues of Super Lawyers Magazine in the digital editions.

Super Lawyers Selectees Come in Many Forms published first on https://namechangers.tumblr.com/

0 notes

keeleyfvw4494-blog · 6 years

Text

How An It Recruitment Consultant Can Progress Your It Profession

Look at outsourcing your headhunter, Payroll processing, Group Benefits choice and Employees payment protection to reduce each fixed and variable costs, acquire profit and increase efficiencies. Choose an external HR supplier who allows you to concentrate on your inner features. Devote more time to your employees to make them more productive, more profitable and much less likely to sue you. For headhunters, discovering candidates should not be too tough. There are numerous individuals who are looking for jobs, who are getting difficulty finding them on their own. They require someone to assist them, to link them with companies for whom they would be perfect workers, and this is just what a headhunter can offer. These people are just waiting around to be discovered. If you are attempting to find them so that you can help them get started on their subsequent career, there are a few issues that you require to think about. Don't let the recruiter / headhunter dismiss your CV just because you produced a mistake or misspelled something. Numerous recruiters / headhunter see these types of mistakes as serious. They say "If you can't even spell right or produced stupid errors, you most likely haven't even read the CV following you wrote it." Use a spellchecker on the text and have somebody you trust, proofread it to get a 2nd viewpoint. "Check out the new man." When introducing the new group member to the relaxation of your staff delivery is key. Make certain that these introductions are carried out is a way that respects the new employ's position and lets employees associates know that they ought to welcome them. A resume is important to a occupation application, but a good resume is vital to a effective job search. A resume that is truthful, but appealing account of an applicant's experience, education and abilities can assist display recruitment managers why the applicant is a suitable candidate for the position. I hope that this good resume writing suggestions will be of great assist in your lookup for better occupation possibilities. Change Profession Fields. Make a money survey of comparable degree work. Frequently occasions a change more than to a higher having to pay track is feasible without need of an sophisticated diploma. Think outside the box. If you look at your particular ability sets, they may be effortlessly transferable to an additional, greater paying, place. Alter niches inside your field. Attempt to believe exactly where the cash is and how you can parlay your encounter to get a shot at it. A human resources corporate recruiter who desires to make a six-figure income could become a headhunter for an outdoors lookup firm. Bank jobs are considered as the most prestigious jobs in India. Every year a big quantity of candidates apply for the bank occupation. Private as nicely as government bank is recruiting candidate for the post of clerk and probationary officers. It is heard that over 2 lakh of applicant will be employed in the banking sector till 2012. Couple of times in the past Bank of Baroda has recruited around thousand candidates for the clerk post. Now the Indian Bank is employing about 685 candidates for the Clerical employees post. The software type for the clerical staff publish is accessible on the Indian financial institution web site. And finally, do not give up. Job searching is never easy or enjoyable, and in our present economic local weather it is the toughest it has been for a quantity of years. Nevertheless, maintain at it, if you adhere to the actions over the right position will be yours prior to you know it. The recruiter has been informed "Don't send us anyone who's lacking abilities or certifications X, Y and Z." That makes feeling, simply because lookup charges are significant - usually 20 or twenty-five percent of a new hire's total first-year money compensation. If the wage for the occupation is eighty thousand dollars, the search charge will be in the community of twenty thousand bucks. Naturally, a employing supervisor won't want to spend that big a fee unless of course the candidates the headhunter is sending him are correct on the spec. When I was nonetheless recruiting throughout the working day and creating software program at night I labored elbow to elbow with fellow recruiters. I used to criticize the recruiter who was usually fussing with the computer and their information. Do you know why? I'm guessing you think it is because I am so arrogant that I did not want to pay attention to anybody else's ideas. You are wrong, although I do like my personal ideas! The real reason, however, was that I knew this recruiter was by no means going to be successful and we would shed cash. Time after time, yr after yr for 15 years, I found that the recruiters who focused on the recruiting instrument and gimmicks instead than execution unsuccessful. Somebody once told me that Vince Lombardi, a extremely successful soccer mentor, had only about 6 performs. The success was all in the execution!

0 notes

marketrf39-blr-blog · 6 years

Text

Machine Learning Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Machine Learning Market - Overview:

Machine Learning is a part of Artificial Intelligence (AI) that grants computers the capability to learn without being detailed programmed. It mainly focuses on the advancement of the computers programs that can be switch when exposed to new data. It helps the computer to find the hidden insights without being explicitly programmed where to look. It has multiple uses in today’s technology market concerning with safety and security such as face detection, face recognition, Image classification, Speech recognition, antivirus , Google, antispam, genetic, signal diagnosing , whether forecast and many more.

The machine learning report can be segmented into submarket such as by components, by enterprise application, by organization size and by region. The components of machine learning can be segmented as software tools, Cloud and web-based Application Programming Interface (APIs) and others such as model validator, decision report/predictor/training, and report storage. The software tools is further subdivided into data storage & archiving and modelling & processing.

The global Machine Learning Market is poised for growth during the forecast period of 2018-2022. Last year i.e. in 2017, the evaluated value of the market was around USD 1.35 million. By the end of the forecast period the market is expected to earn USD 8.54 million. The market is anticipated to grow at a jaw-dropping CAGR of 43.9%.

Key Players

The prominent players in the Machine Learning Market are – Google Inc. (U.S.), Facebook (U.S), ,IBM Watson (U.S.), Baidu (China), Apple (U.S), Microsoft (U.S.), Cisco(U.S.), Wipro(India), and Nuance Communications(U.S.) , Amazon (U.S) , Intel (U.S.).

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2494

Regional Analysis:

The regional analysis of Machine Learning market is being studied for region such as Asia pacific, Americas, Europe and Rest of the World. Rapid advancements in computer programs across different industries has driven the market of Machine Learning in North America closely followed by Europe. European region is expected to dominate in the Machine Learning market by the forecast period owing to fast emerging of startups which mainly focus on innovation and commercialization of machine intelligence technologies. London is Europe’s startup center, mixing capital, proximity to markets, and world-class research hubs. The Asia-Pacific region, though, is expected to emerge as a lucrative market.

Related/Latest/Industry News

December 2017, Apple commits 'Turi Create' machine learning development tool to GitHub. The company claims a new machine learning framework designed to help developers build machine learning models that can be parlayed into apps running on its major operating systems. Turi Create is designed to assist in the development and deployment of machine models, enabling the developers to add recommendations, object detection, image classification, image similarity or activity classification to their app, among other assets. This framework can be used to create a system that can recommend things based on its learning from the surrounding, image classification, image similarity, object detection, text classification and activity classification. All of these capabilities can enable many industries like automotive, media & entertainment and education to classify, implement and conclude things in a better way.

December, 2017, AI, Machine Learning to Be Used by Hackers in 2018: Symantec. Tech giant Symantec claims that cybercriminals will use the artificial intelligence and machine learning to explore weaker, victim networks. Additionally, the internet of things (IoT) devices will be hijacked and used in the distributed denial of service (DDos) attacks. The security tech giant also claimed that 2018 will see artificial intelligence vs. artificial intelligence in a cyber-security context, as in 2017, it had seen massive DDos attacks using hundreds of IoT devices across homes and offices. However, the advancement in machine learning is going to be a major driving factor for the growth of this market in terms of tackling with the security concerns by machines while adopting learning.

December, 2017, NVIDIA Introduces Titan V for Machine Learning Acceleration on the PC. In the past TITAN targeted gamers (TITAN X) or machine learning scientists (TITAN XP). NVIDIA, at the annual NIPS (Neural Information Processing Systems) conference announced the introduction of its new “TITAN V” PC GPU. TITAN V is targeted at machine learning scientists. TITAN V’s 21.1 billion transistors are capable of delivering 110 teraflops of performance. This immense amount of performance makes the TITAN V ideally suited for users looking to explore computational processing for scientific simulation and other deep learning/AI applications on their desktop PCs

Browse complete report @ https://www.marketresearchfuture.com/reports/machine-learning-market-2494

Intended Audience

Cloud service providers

Telecommunication Companies

Investors and consultants

Research/Consultancy firms

Technology solution providers

Safety & Security Providers

#machine learning market

0 notes

newstfionline · 7 years

Text

What’s the World’s Fastest-Growing Economy? Ghana Contends for the Crown

By Tim Mcdonnell, NY Times, March 10, 2018

TEMA, Ghana--As recently as the 1980s, the West African nation of Ghana was in crisis, crippled by hunger after a series of military coups. But it has held peaceful elections since 1992, and its economic outlook turned considerably brighter about a decade ago, with the discovery of major offshore oil deposits.

Now, as oil prices rise again and the country’s oil production rapidly expands, Ghana is on track to make a remarkable claim for a country mired in poverty not long ago: It is likely to have one of the world’s fastest-growing economies this year, according to the World Bank, the African Development Bank, the International Monetary Fund and the Brookings Institution.

Its projected growth in 2018, between 8.3 and 8.9 percent, might outpace even India, with its booming tech sector, and Ethiopia, which over the last decade has been one of Africa’s fastest-growing economies thanks to expanding agricultural production and coffee exports.

According to the I.M.F.’s projections, only Bhutan, with a minuscule economy, and Libya, whose war-ravaged economy plunged in recent years, may have a higher rate of growth this year.

In January, Ghana’s benchmark stock index achieved the world’s highest rate of growth, 19 percent, according to Bloomberg.

And oil is not the only resource helping to drive Ghana’s economy. Cocoa is Ghana’s other natural bounty, and producers are piggybacking on the oil boom.

Edmund Poku, the managing director of Niche Cocoa, said his processing factory in Tema, an industrial suburb of the capital, Accra, already has contracts to sell all of the powder, butter and chocolate bars it plans to make in 2018.

“This is the first year we’ve done that,” Mr. Poku said as employees in white lab coats ducked into his office from the factory floor for the day’s marching orders.

Inside Mr. Poku’s noisy chocolate factory, crews of technicians sat behind banks of computers, operating machines that roast, grind, boil, press and blend hundreds of pounds of cocoa beans every day.

His factory embodies the goal of economists and technocrats across Africa: a local enterprise that offers hundreds of well-paid, skilled jobs and uses cutting-edge technology.

Mr. Poku has doubled his factory’s capacity in the last two years and plans to hire another 100 workers this year. He predicted other business sectors would also have the opportunity to expand.

“Once people see that the economy is growing, banks and investors will be more willing to see Ghana as a good place to make investments,” he said.

While the country is on a roll now, economists and other experts have urged Ghana to avoid the so-called resource curse that has plagued other nations that rely too heavily on the extraction of petroleum and minerals--industries often associated with graft and corruption.

President Nana Akufo-Addo, who was elected in late 2016 on a wave of discontent over the economy, has pledged to heed that advice, and to funnel oil revenues into education, agriculture and manufacturing, to diversify the economy.

In his recent State of the Nation address, Mr. Akufo-Addo called the agriculture industry the “backbone” of his development agenda and said that factories like Mr. Poku’s have been the “takeoff point for industrialization in most developed societies.” He said he also plans to expand incentives for cocoa processors.

Cocoa sales are helping lift Ghana’s agriculture sector, which at the end of last year posted its best quarter of growth since 2010, driven by a bumper cocoa crop. Cocoa prices, along with prices for another of Ghana’s exports--gold--are rising again.

The cocoa processing industry is expanding to take advantage of an influx of raw beans, said Eric Amengor, the deputy research manager at the Ghana Cocoa Board. Applications for permits to build new factories are flooding in, he added.

But critics say that a program to set up new factories across a range of industries--one in each of Ghana’s 216 districts--has been slow to get started.

Growth in industries like finance and health care has also lagged, in part because government investment has been restricted over the last few years, in order to correct for years of overspending. After an initial oil boom in 2011, an overextended public payroll and increasing debt interest payments drove the country into a deep budget deficit when oil prices fell.

But today, Ghana seems to be getting back on stable budgetary footing, analysts said.

While the long-term goal is to diversify the economy, the main reason behind all the current optimism in Ghana is still oil.

In the last 18 months, two major oil fields off Ghana’s coast have started production. In 2017, production jumped to nearly 60 million barrels, resulting in oil export revenues 124 percent above the previous year, according to central bank statistics.

The boom has some experts worried.

“If you suddenly see a resource bonanza coming, there’s a tendency to spend money you don’t have, and that has been the case in the Ghana situation,” said John Page, a senior fellow in the global economy and development program at the Brookings Institution.

What happens in Ghana could hold lessons for other West African countries, including Senegal, which recently announced discoveries of oil and gas off shore, and Mauritania, which has signed an exploration deal with Total, the French oil company.

While Ghana may have a shot at claiming the title of fastest-growing nation this year, it will still have to prove it can parlay its oil boom into high-quality jobs and sustainable growth.

Across the nation, many ordinary citizens feel left out of the economic expansion.

The unemployment rate, although below the average of 7.4 percent in sub-Saharan Africa, increased from 4 percent in 2011 to 5.8 percent last year, according to the World Bank. Among youth, the rate is as high as 11.5 percent.

On the streets of Accra--where the population has increased by nearly one million in the last decade, to 2.7 million, as people pour in from the countryside in search of work--optimism can be hard to detect.

Kekeli Aryeetey graduated from Pentecost University College in Accra several years ago with a degree in finance. She was laid off from a microfinance firm, and then from a travel agency, before deciding to open a shop selling bulk rice and palm oil.

As a student, she imagined her future in an air-conditioned office with a decent salary and annual vacations. Her income now is about $67 per month, below the national average of $115. She is waiting for the oil money to trickle down.

The government “speaks very big,” she said, “but in terms of our daily activities, I don’t see anything. You can go to school, get a qualification, but it’s not enough. We’re still struggling for jobs.”

#Ghana #Ghana economy

0 notes

ralphmorgan-blog1 · 7 years

Text

Another Europe trip for Melania Trump means forging new relationships

(CNN)First lady Melania Trump is back in Europe.

She received mostly glowing reviews -- there was praise for her style notes and cultural sensitivity, her quiet repose at religious sites, even the way the Pope cracked a joke and a smile when she was in his presence. Her visit with sick children at a hospital in Rome conjured compassion; her viral moment, swatting away the hand of her husband after a gaffe on the tarmac in Israel, revealed an independent streak.

It was a glimpse behind the "Melania mystique," a chance to see the first lady, who up until mid-June hadn't even been a full-time White House resident, interact on a global stage. The foreign tour, with stops in four different countries and at the Vatican, was a crash course in diplomacy.

"This trip, for me, has been very special, and I will never forget the women and children I met," the first lady said at the end of the visit, speaking to American troops and their families in Sicily. "As one of the kids at the hospital that I visit said in a picture he drew for me: We are all the same."

For this second trip overseas, the first lady will likely start to forge new relationships with the spouses of other world leaders, while at the same time serving as an emissary for her husband.

"Mrs. Bush's joint foreign visits were always an opportunity for her to highlight the causes that she cared about, and also to amplify the message of President Bush's trip," says Anne MacDonald, who served in the George W. Bush administration for six years, and was Laura Bush's chief of staff after the White House. "While President Bush's summits were frequently located in conference rooms -- albeit some of the most well-appointed in the world -- Mrs. Bush was able to explore more of the cultural and social issues of a country as he focused on diplomatic negotiations."

Melania Trump would be wise to do the same, and parlay the publicity points she earned on the first trip, on to this one.

Melania Trump moves into the White House

"Jackie Kennedy was generous with her popularity, and during President Kennedy's 1961 trip to Europe, in Vienna, Jackie stood on a balcony as 5,000 people below cheered, 'Jack-ee!'" says Kate Andersen Brower, CNN contributor and author of "First Women: the Grace and Power of America's Modern First Ladies."

"At that moment, Jackie very thoughtfully pulled the overlooked Nina Khrushchev, wife of Soviet Premier Nikita Khrushchev, onto the balcony with her. The chants changed to 'Jack-ee! Ni-na!' And the two women saluted the crowd -- it showed how generosity between these two women was a beautiful thing."

Jackie Kennedy also spoke French when she was in France, charming locals and earning their admiration; Melania Trump did a bit of the same on the last trip to Italy, greeting children at Bambino Gesu hospital in their native tongue.

More recently, Michelle Obama had strong policy associations with her travels abroad, notably using visits there to strengthen her platform on education, and almost always making time in her schedule to appear at schools, no matter the destination. By the time she launched "Let Girls Learn," her first foreign initiative, in 2015, she had already established herself as a global advocate. "Someone like Michelle Obama really thrived in those environments on trips abroad, especially when talking to girls in underprivileged neighborhoods, as she did genuinely and effectively in London," says Brower. On that trip, she became friendly with Britain's Prince Harry, who worked with Obama on a number of projects; when he launched the 2016 Invictus Games for wounded soldiers in 2016 in Florida, Obama served as co-host.

In addition to the charm offensive, the first lady holds the power of her position, and with it can wield a certain amount of influence.

"Mrs. Bush built relationships with the leaders of the civic sector and helped raise the profile of little-known issues," MacDonald said. "For example, as President (George W.) Bush closed the 2006 nuclear deal with India, Mrs. (Laura) Bush spent time at Mother Teresa's orphanage for special needs children and at a center for youth who were recovering from being sexually trafficked."

Additionally, during a stop in Russia for the 2006 G8 summit, Mrs. Bush went to an orphanage for pediatric HIV/AIDS patients, against the objections of the Russian government. "While it didn't receive much coverage in the US, the images of her holding HIV-infected infants and children went a long way to influence de-stigmatization in a country where that is very much an issue. Mrs. Trump has the opportunity to have the same kind of influence on behalf of our country."

Melania Trump's spokeswoman, Stephanie Grisham, tells CNN the first lady is taking advantage of the time she has spent abroad in a supporting role to the President. "The first lady has enjoyed meeting her counterparts in other countries very much and looks forward to continued progress with each of them," Grisham said.

Not that this means there will be automatic pen-pal status. The spousal events for summits such as this week's G20 are highly staged events. And language barriers often prevent a deep connection.

"It's a challenge to keep the spouses busy," Brower said. "(German Chancellor) Angela Merkel's husband is especially interesting since he's always been among the only male spouses at these events. I've heard that he and Laura Bush got along especially well."

During Trump's stop in Poland for bilateral meetings with President Andrzej Duda, the first lady is scheduled to meet with the Polish first lady, Agata Kornhauser-Duda, who at 45 is just two years younger than Mrs. Trump. The two women will tour the Copernicus Science Center and meet with children attending workshops, according to the Polish presidential office.

While the visit will be brief -- the Trumps are spending just 15 hours on the ground in Poland -- the relationship between the first lady and Kornhauser-Duda could extend well beyond the White House and be beneficial to future causes.

Melania Trump thanks US military members

Grisham says Melania Trump already understands the complexities and potential benefits of being flung together with other leaders' spouses at events. "She has learned quite a lot from many of them when you consider their individual points of view, and she greatly values their different perspectives."

She also has the distinction of being far less polarizing than her husband, something even he recognized in a speech at the close of their previous joint foreign trip.

"(She is) our magnificent and wonderful person, our first lady, Melania," the President said. "The countries of the world have a large number of disagreements, but they all agree with me on that one -- that I can tell you. So everywhere we go, it's the same old story. So, great job."