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Real Estate in Oman | The Fastest Growing Sector in Oman’s Economy
The real estate market in Oman is witnessing remarkable growth in 2024, making it one of the fastest-growing sectors in the country’s economy. At Mumtalikati, we are committed to providing you with the best property listings in Muscat and across Oman. Whether you’re looking for 1BHK apartments for rent, 2BHK flats, villas, or commercial properties, Mumtalikati is your go-to platform for finding the perfect property. Let’s dive into the factors driving this growth and explore how Mumtalikati can help you stay ahead in the property market.
Key Drivers of Growth in Oman’s Real Estate Sector
The Omani real estate market is evolving rapidly, shaped by economic initiatives, population growth, and changing lifestyle preferences. Here’s a closer look at the key factors:
1. High Demand for Residential Rentals
The demand for 1BHK apartments for rent, 2BHK flats, and cheap houses is surging due to an influx of expatriates and young professionals. Muscat remains a top choice for renters seeking convenience and accessibility.
Affordable housing solutions are particularly popular among new residents and young families.
Browse rental options that suit your needs:
1BHK flats for rent
2BHK flats for rent
3BHK flats for rent
2. Increasing Property Investments
Government initiatives encouraging foreign ownership of freehold properties have boosted interest in Oman’s real estate market.
Investors are gravitating towards premium apartments for sale and villas in prime locations like Al Mouj and Shatti Al Qurum.
Explore our listings for properties to buy:
Apartments for sale
3. Growth in Commercial Real Estate
As Oman diversifies its economy, demand for commercial properties is on the rise, particularly in areas like Muscat. Retail spaces, offices, and warehouses are sought after by local and international businesses.
4. Technology-Driven Property Management
Platforms like Mumtalikati’s Property Master System (PMS) are redefining property management. From accurate listings to user-friendly search features, technology is simplifying property management and helping landlords and tenants connect efficiently.
Why Choose Mumtalikati?
At Mumtalikati, we make it easier to find the right property, whether you’re renting, buying, or managing properties.
Start exploring properties now:
Apartments for Rent
Apartments for Sale
Top Real Estate Locations in Oman
1. Al Mouj
Known for luxury living, Al Mouj offers premium villas and apartments with world-class amenities. Residents enjoy access to a marina, golf courses, and high-end shopping and dining options, making it a top choice for both families and investors.
2. Qurum
This area is ideal for high-end apartments and villas, combining city access with scenic beauty. With its beaches and proximity to central Muscat, Qurum has remained a hotspot for those seeking a mix of urban and leisure living.
3. Ruwi
A vibrant commercial hub, Ruwi offers affordable residential options and excellent connectivity. It’s an ideal location for young professionals and businesses looking to establish themselves in Oman’s bustling capital.
4. Madinat Al Sultan Qaboos (MQ)
Popular with expatriates, MQ provides a mix of modern living and cultural charm. Its schools, healthcare facilities, and entertainment options make it a well-rounded choice for families.
5. Seeb
Seeb has emerged as a growing residential area, offering affordable cheap houses and spacious villas. It’s a preferred destination for those seeking suburban comfort within reach of the city.
Real Estate Opportunities for Different Budgets
Oman’s real estate sector caters to a wide range of budgets, offering options for everyone from students and young professionals to large families and investors. If you’re looking for a compact and convenient living space, 1BHK apartments and 2BHK flats in Muscat are excellent choices. For larger families or those desiring more space, villas and 4BHK flats are available across key locations.
Here are some useful links to begin your search:
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For investors, Oman’s property market presents lucrative opportunities. Properties in high-demand areas like Al Mouj and Shatti Al Qurum offer strong rental yields and long-term value appreciation. Additionally, freehold properties for foreigners have added an extra layer of attraction to the market.
Conclusion
The real estate market in Oman is thriving in 2024, with opportunities for renters, buyers, and investors alike. Whether you’re seeking 1BHK apartments, villas, or commercial properties, Mumtalikati offers a wide array of listings tailored to your needs. With our extensive database, verified listings, and user-friendly tools like the Property Master System, Mumtalikati is your trusted partner in navigating Oman’s real estate market.
Visit our website today to explore the latest property listings and take the first step toward finding your dream property in Muscat or anywhere in Oman. Your next home or investment opportunity awaits!
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Kilomet109 and Slow Fashion Movement: Understanding the landscape towards Promoting Sustainable Fashion Industry in Vietnam.
Week 6 Submission for MDA20009 Class - Hanoi Campus
In recent years, the global fashion industry has witnessed a significant shift towards sustainability with the Slow Fashion Movement, as opposed to that of Fast Fashion; hence, Vietnam, an emerging country with a rich textile heritage and a fashion landscape with cultural diversity, is no exception to this trend. Different characteristics of the Slow Fashion Movement are emphasised, as Domigos et al. (2022) demonstrate that Ethics and Sustainability are among the most concerned criteria among the involved consumers in Western countries. So, which specific concerns are the most important for Slow Fashion Consumers in Vietnam? In this post, together we discover the scene of Fashion Production, Distribution and Consumption in Vietnam; thus, through the case study of Kilomet109, a local fashion retailer based in Hanoi, come several solutions proposed for sustainable development of both the environment and the economy in this Southeast Asian country.
Phiêu Collection 2017 (Source: kilomet109.com)
Fashion Consumption in Vietnam: Several key points
As Vietnam is still among the developing nations, a large portion of Vietnamese population are among lower to middle class in terms of socio-economic background. With approximately two thirds of the population live in rural areas (General Statistic Office, 2019), accessibility to well-known fashion retailers (i.e. Muji, Uniqlo, etc.) is not largely viable compared to that in developed countries with mostly urbanized areas. About fashion consumption behavior, a significant portion of clothing in Vietnam is bought from independent merchants, with many products imported from China. As these items are often inexpensive and designed for short-term use, such clothing is easily disposable, posing a threat to environmental sustainability in Vietnam (Viracresreach.com, 2021). Hence, we can describe the scene here as Fast Fashion Consumption, which Liu et al. (2021) illustrate the movement with its characteristics of low-quality, constant distribution process and being detrimental to the ecosystem and the environment in general.
Independant retailers and clothing merchants are commonly viable on many streets in Vietnam, providing cheap and affordable products imported mainly from China.
Efforts in promoting sustainable fashion consumption in Vietnam: are they effective enough?
Several communication campaigns have been done in order to promote ethical and sustainable fashion consumption in Vietnam, namely Muji’s Release of Thiên Nhiên Giao Hòa Collection and Uniqlo’s Re.Uniqlo Recycling Process Infographic (Nguyen, 2024). Giving the credit for the success of changing consumer behavior towards ethical and sustainable fashion consumption, especially among Millennials and Gen Z consumers; however, provided that these brands are mainly viable in urban areas and big cities in Vietnam, as a rule of thumb, the movement has not yet been delivered on a large scale towards the largest segment of population in Vietnam, thus Slow Fashion Consumption has not yet been practiced en masse in this country.
Despite creditable effort towards enhancing Slow Fashion Movement, still there remains a large number of consumers choosing to buy cheap products from the aforementioned clothing retailers.
Kilomet109 Case study: Towards Sustainability through Community Engagement whilst Opening Opportunity for Economic Development in Vietnam
A brief introduction: Kilomet109 is a local fashion producer and retailer brand, being well-known for versatility, craftmanship and dedication for creativity. They collaborate with local artisans in rural mountainous areas to produce dye fabrics naturally using locally sourced and eco-friendly materials (Thao Vy, 2022); hence, the garments are transported to the designers’ Hanoi Studio for production and sale.
Mrs. Thao Vu, Founder of Kilomet109 (Source: from About | Kilomet109 @ www.kilomet109.com)
As such dedicated creative process meets the principles of the “slow fashion” movement, nevertheless, I believe that the key practice of Kilomet109, which is hidden here, is to provide jobs and income for the local, helping them gain social mobility through successful entrepreneurship, and, as a result, being less reliant on cheap imported products for their daily life. This practice, while not being stated by putting into word of mouth, is significantly practical to help reduce import and consumption of cheap and disposable clothing, thereby reducing the impact of Fast Fashion and further enhancing Slow Fashion Landscape in Vietnam.
Kilomet109's dedication towards craftmanship and community engagement among ethnic groups in Vietnam (Source: heritagevna.magazine)
Conclusion
Instead of just emphasising on Ethics and Sustainability by word-of-mouth only, through the case study of Kilomet109 analysed in the post, I believe that Slow Fashion Movement can be practically fostered in Vietnam through Community Engagement by providing jobs, enhancing income for workers in suburban and rural areas, thus promoting their craftmanship through effective communication campaign towards ethical consumption among consumers, thus helping the workers gain social mobility like what Kilomet109 has been doing for the ethnic communities. Hence, with a larger proportion of consumers with financial security, there will be no need for cheap imported products, thereby removing the need for rapidly produced fast fashion clothing, which, as a rule of thumb, promote the Slow Fashion Movement effectively in Vietnam, our beloved country.
Until next time...
Reference List
Liu, C., Liu, G. and Gong, X., 2021. The characteristics of fast fashion or slow fashion and their future sustainability. In International Conference on Economic Management and Corporate Governance (EMCG 2021) (pp. 227-235).
Domingos, M., Vale, V.T., and Faria, S., 2022. Slow Fashion Consumer Behavior: A Literature Review. In Sustainability 14, no. 5: 2860. https://doi.org/10.3390/su14052860
Phuc, N., 2024. Khi Thương Hiệu Thời Trang ‘Sống Xanh’: Cách Muji, uniqlo tạo ‘điểm chạm’ Qua Các Chiến Dịch Bảo vệ môi Trường: Phuc Nguyen, Advertising Vietnam. Available at: https://advertisingvietnam.com/khi-thuong-hieu-thoi-trang-song-xanh-cach-muji-uniqlo-tao-diem-cham-qua-cac-chien-dich-bao-ve-moi-truong-p23863 (Accessed: 20 October 2024).
Viracresearch, 2021. Vietnamese fashion market and fashion trends in 2021, VIRAC. Available at: https://viracresearch.com/vietnamese-fashion-market-and-fashion-trends-in-2021/ (Accessed: 20 October 2024).
General Statistics Office of Vietnam, 2019. Infographic socio-economic situation 2019. Available at: https://www.gso.gov.vn/en/data-and-statistics/2020/09/infographic-socio-economic-situation-2019/ (Accessed: 20 October 2024).
Thao Vy, 2022. Kilomet 109 – thời trang Mang Dấu ấn Văn Hóa, TTXVN-vietnam.vnanet.vn. Available at: https://vietnam.vnanet.vn/vietnamese/long-form/kilomet-109-–-thoi-trang-mang-dau-an-van-hoa-303358.html (Accessed: 20 October 2024).
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Best Buy Boilers in 2024: Top Choices for Your Home
When it comes to picking the greatest boiler for your home, making the right choice is critical. With energy efficiency, durability, and price as key considerations, choosing a “best buy” boiler ensures you’re investing in a heating system that will keep your home warm, reduce energy bills, and last for years to come. Smart Heating Hub Ltd, your trusted heating solution provider, is here to guide you through the best boiler options available in 2024.
Why Choosing the Right Boiler Matters
The right boiler may dramatically increase your home's comfort and energy efficiency. A good boiler provides consistent heating and hot water while being energy efficient. In 2024, boiler technology has improved significantly, with various alternatives that focus both performance and environmental friendliness.
At Smart Heating Hub Ltd, we understand the importance of selecting a boiler that perfectly fits your home’s needs. Whether you’re looking for a combi boiler for a small space or a system boiler for a larger home, here are the best buy boilers of 2024 to consider.
Top Best Buy Boilers in 2024
Worcester Bosch Greenstar 4000 Worcester Bosch has long been a trusted name in heating solutions. The Greenstar 4000 is ideal for homes of all sizes, offering excellent energy efficiency with an A-rating. It comes with a range of smart features, such as compatibility with the Worcester Bosch smart thermostat, making it easy to control your heating system. This model also comes with a 10-year warranty, ensuring peace of mind for years to come.
Viessmann Vitodens 050-W. For those looking for a dependable and cheap solution, the Viessmann Vitodens 050-W is a strong contender. It’s one of the most compact and quiet boilers available, making it ideal for tiny settings. With a high efficiency rating and simple controls, this model delivers dependable performance at a reasonable price, making it a top pick for 2024.
Ideal Logic Max C30. Ideal Logic boilers have a solid reputation for quality and endurance. The Logic Max C30 is perfect for small to medium-sized homes, delivering efficiency and power. This boiler comes with a 10-year warranty, so you can rest easy knowing you’ve invested in a reliable heating system. Its compact design also makes it easy to install in tight spaces, such as kitchen cupboards or utility rooms.
Vaillant ecoTEC Plus 832 Vaillant is a top name in the industry, and the ecoTEC Plus 832 is one of their flagship models. Known for its quiet operation and efficiency, it’s perfect for homes that require a powerful heating system. This model comes with an A-rating for energy efficiency and features smart heating controls, giving you full control over your home’s heating.
Baxi 600 Combi For those who want excellent value for money, the Baxi 600 Combi is a standout option. This affordable yet high-performing boiler offers an impressive 7-year warranty and is known for its reliability. It’s compact, easy to install, and perfect for small homes or apartments.
Why Choose Smart Heating Hub Ltd?
At Smart Heating Hub Ltd, we take pride in offering the best heating solutions for your home.Whether you’re looking for a combi boiler or a system boiler, we can help you make an informed decision. Our team of Gas Safe-registered engineers ensures that your installation is seamless, and our customer service team is always available to answer your questions.
We offer flexible financing options, extended warranties, and aftercare services to make sure your heating system continues to perform optimally for years to come. Plus, with energy-efficient models, you can expect to save on your heating bills while reducing your carbon footprint.
Contact Smart Heating Hub Ltd
Smart Heating Hub Ltd offers experienced guidance and the greatest pricing on your next boiler. We’re always delighted to assist you choose the ideal heating solution.
Office Address: 60 Sanders Crescent, Tipton, DY4 7NU, West Midlands
Call Us: 0121 522 4477, 07988 193267
Email Us: [email protected]
Conclusion
In 2024, the best buy boilers offer a combination of energy efficiency, affordability, and durability. From trusted brands like Worcester Bosch to budget-friendly options like Baxi, you can find the perfect boiler for your home. With Smart Heating Hub Ltd by your side, you’ll receive expert guidance and top-notch installation, ensuring your heating system meets your needs for years to come.
Make the smart choice and contact Smart Heating Hub Ltd today for the best boilers on the market!
#BoilerBrands#BestBoilerManufacturers#WorcesterBosch#VaillantBoilers#IdealBoilers#BaxiBoilers#ViessmannBoilers#HeatingSolutions#BoilerEfficiency#SmartHeatingHubLtd
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Key Things to Consider When Choosing Top Dental Supply Companies
A dentist needs materials. The new year is an excellent time to assess your needs. Dental supply selection can be difficult due to the number of items and companies. This post will discuss top dental supply companies and significant aspects. You'll discover how to choose safe, effective, affordable products while stocking a new practice or restocking inventory. Let's make supply shopping easy this year!
High-quality goods.
Most importantly, companies offer high-quality products that satisfy your needs. Find ISO-certified companies that use medical-grade materials and rigorous manufacturing requirements. Supplies should withstand regular usage and sterilization.
Lots of Choices.
An excellent dental supply company should provide many products. Find those selling dental chairs, X-ray machines, CAD/CAM systems, gloves, masks, and sterilization pouches. The wider the range, the easier to purchase all your needs from one reliable source.
Affordable Prices.
Quality counts, but price matters too. Compare pricing on your regular supplies from different companies. Find providers who offer frequent discounts for loyal consumers. For bulk supply purchases, some companies offer bundle deals and package rates.
Reliable Shipping.
Fast, reliable shipment is vital to maintaining essentials. Find companies that provide free or cheap shipping for large orders. Check their delivery rates and return policy for defective or damaged items.
Be patient when evaluating suppliers with so many possibilities. Choosing the correct dental supply businesses can save you time, money, and hassle. For your practice to run well, you need reliable partners.
Conclusion
So there you have top dental supply companies, some of the most critical considerations when buying dental supplies for your office in 2024. By considering cost, product selection, customer service reputation, and sustainability activities, you may find a dental supplier that can satisfy your demands now and in the future. As dental materials change, keeping these factors in mind will help your clinic succeed. Finally, take your time, investigate, and choose the supplier that best fits your goals and values—your patients will thank you!
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The Fed Meets Against a Revamped Economic Backdrop: Live Updates Here’s what you need to know: Jerome Powell, the chair of the Federal Reserve, at a press conference in January 2020, just before the coronavirus pandemic struck the American economy.Credit…Mandel Ngan/Agence France-Presse — Getty Images The Federal Reserve is staring down a challenge that would have been all but unthinkable a year ago: With its policies set on emergency mode to bolster growth in the face of the pandemic’s shock, it must now navigate an economy that is expected to strengthen rapidly in the coming months. Officials will release an interest rate policy decision and their first economic projections of 2021 at 2 p.m. on Wednesday, and they are virtually certain to leave borrowing costs unchanged at near zero. But analysts and Wall Street investors alike are eager to see whether growing economic optimism will shake up the outlook for policy in the months and years ahead. The Fed slashed interest rates to rock bottom a year ago as the pandemic shut down huge swaths of the economy. It has also been buying $120 billion in bonds per month, a policy meant to keep credit cheap and help the economy rebound from a virus that has thrown millions out of work. Jerome H. Powell, the Fed chair, has been clear for months that officials expect to be patient in removing that policy help — a cautious tone that he is expected to maintain at a news conference on Wednesday. “This is one of the most critical Fed meetings we’ve had in a while,” said Michelle Meyer, head of U.S. economists at Bank of America Merrill Lynch. “Markets are really paying attention, and they’re going to dissect everything he says.” That’s because the economic backdrop is shifting. Coronavirus vaccines are fueling hopes for reopening parts of the service sector. A freshly signed stimulus package will pump $1.9 trillion into the economy, with an eye on preventing evictions, funneling cash to parents and putting $1,400 checks directly into bank accounts. Against that improving backdrop, economists in a Bloomberg survey expect the Fed to increase rates twice in 2023, the news outlet reported. In December, they typically expected rates to remain on hold until 2024 or later. As investors expect faster growth, higher inflation and a quicker-moving Fed, they have pushed up the yield on 10-year Treasury notes. That has weighed on stock indexes, which tend to fall when rates rise. The Fed’s economic projections — which anonymously report officials’ forecasts for interest rates, unemployment, inflation and growth both through 2023 and in the longer run — could show a shift when they are released on Wednesday. Wall Street will pay particular attention to the inflation forecast and the policy rate path. The Fed’s median interest rate forecast previously showed no rate increases over the next three years, but analysts expect that officials could now pencil in one move in 2023. Wall Street has been paying close attention to the outlook for inflation in recent weeks. Key price indexes are expected to bounce back after weak readings last year, and some economists have warned that big government spending could keep them elevated. That could put a spotlight on Federal Reserve officials’ inflation estimates, and on anything that Jerome H. Powell, the Fed chair, says about the outlook during his news conference after the central bank’s meeting on Wednesday. The Fed is trying to use its policies to coax the economy back to full employment while lifting and stabilizing inflation, which has been slipping in recent decades. It wants to hit 2 percent annual price gains on average, and it has pledged not to raise rates from near zero until they are poised to hum along at a slightly faster pace for some time. But some prominent onlookers have warned that the economy could overheat. They say inflation may jump well above the 2 percent average target, thanks to government outlays and booming demand in a reopening economy. Fed officials have been consistently less concerned about that possibility, and will give an up-to-date snapshot of their own expectations in their first Summary of Economic Projections of 2021. The last set of estimates, released in December, showed inflation stabilizing at 2 percent. “How much do they revise up inflation? That’s something I’ll be looking for,” said Seth Carpenter, chief U.S. economist at UBS and a former Fed employee. Analysts broadly expect price gains to accelerate in the coming months for a mechanical reason: The data are about to lap very weak readings from last spring. The most closely watched inflation measures are compared against the same month a year earlier, a recipe for an automatic increase. But Fed leaders have been clear that a short-lived bounce is not what they’re talking about when they say they want to see quicker increases. “There’s a difference between a one-time surge in prices and ongoing inflation,” Mr. Powell said this month. Keith Gill, known as Roaring Kitty, testified at the House Financial Service Committee’s first GameStop hearing.Credit…House Financial Services Committee The House Financial Services Committee is holding its second hearing on the GameStop frenzy on Wednesday, with a range of experts expected to expound on what the saga says about the stock market’s plumbing. The hearing appears likely to have a more wonkish tone than the committee’s first hearing on GameStop, which put a spotlight on Robinhood, the trading app at the center of a remarkable rally that sent shares of the struggling video game retailer up by over 1,600 percent in January, Witnesses will include stock exchange officials, market analysts, former regulators and academics. Prepared testimony suggests the witnesses will focus on what — if any — deficiencies in the American stock trading system were revealed by the surge of trading in GameStop. Sal Arnuk, co-founder of trading firm Themis Trading, plans to spotlight the growing role of payment-for-order-flow, where retail brokerage houses such as Robinhood channel customer orders to specific trading firms in exchange for payments. “These practices create a massive incentive for such brokers to sell their clients orders to sophisticated trading firms uniquely tooled to profit off of them,” Mr. Arnuk will say, according to preliminary testimony released by the House committee. “This is a needless conflict that can harm retail investors, and it degrades the integrity of the market ecosystem as a whole.” Other witnesses, such as Alexis Goldstein, a senior policy analyst at Americans for Financial Reform, will underscore the growing dominance of the trading firms that pay retail brokerages to execute their orders. Two major market-makers, Citadel Securities and Virtu Financial, “execute a larger volume of U.S. stocks than the New York Stock Exchange,” she said in prepared testimony, urging regulators to look at whether their growth has worsened the prices that are available to investors on the public exchanges. The hearing is to begin at 10 a.m. Other participants include Michael Blaugrund, chief operating officer of the New York Stock Exchange; Vicki L. Bogan, a Cornell University professor who focuses on the financial and investment behavior of households; Dennis Kelleher, the chief executive officer of Better Markets, which advocates for market reforms; and Michael Piwowar, executive director of the Milken Institute Center for Financial Markets and a former S.E.C. commissioner. Payments top out at $1,400 per person, including children and adult dependents. To qualify for the full $1,400, a single person must have an adjusted gross income of $75,000 or below.Credit…Matt Rourke/Associated Press The stimulus money promised under the American Rescue Plan will hit the bank accounts of many Americans on Wednesday — the first official payment date — though some financial institutions chose to make the cash available to people even before it arrived from the government. Not everyone eligible to receive a payment will get one on Wednesday, though. Additional rounds of payments will be made in the coming weeks, including for people who will receive theirs by mail as a check or debit card. You can check the status of your payment with the Internal Revenue Service’s Get My Payment tool. Payments top out at $1,400 per person, including children and adult dependents. To qualify for the full $1,400, a single person must have an adjusted gross income of $75,000 or below. For heads of household, adjusted gross income must be $112,500 or less, and for married couples filing jointly, that number has to be $150,000 or below. Partial payments are available to people who earn more, but the amounts fall quickly. The payments are calculated using the most recent information on file with the I.R.S., which could be your 2019 tax return if you haven’t yet filed for 2020. If you’re newly eligible for a payment based on your 2020 income but haven’t yet filed your return, the law allows the Treasury Department to continue payments until September. If you don’t get one during that period, you can claim what you’re owed when you file your 2021 taxes. The problems of Greensill Capital, a financial firm with ties to SoftBank and Credit Suisse, deepened Tuesday after its German unit entered insolvency proceedings. Germany’s banking regulator, known as BaFin, said Tuesday that a judge had granted its request to open insolvency proceedings for Greensill Bank in Bremen. BaFin also formally determined that Greensill Bank was not able to repay all of its customers’ deposits, a step that allows depositors to receive compensation from public and private insurance funds. The insolvency of the German unit was expected after Greensill Capital, which provides financing to companies and has been advised by former Prime Minister David Cameron of Britain, filed for a form of bankruptcy protection in Britain last week. Credit Suisse acknowledged on Tuesday that it was likely to suffer losses from a loan it had made to the firm. It said that it had received $50 million from the administrator of Greensill Capital’s assets in Britain but that $90 million of the loan was outstanding. Credit Suisse’s asset management unit oversaw $10 billion in funds that Greensill packaged based on financing it provided to companies. The loans allowed companies to stretch out payments to suppliers. Credit Suisse has returned $3 billion in cash to investors in the funds and said it was working to recover more money. Credit Suisse said Tuesday that the funds’ managers “intend to announce further cash distributions over the coming months.” The bank has not specified what losses, if any, investors in the funds might ultimately suffer. Source link Orbem News #Backdrop #Economic #Fed #Live #Meets #revamped #Updates
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4 June 2021
Not feeling 100%?
This is more anecdote than data, but I feel like I've been seeing a lot of clustered bar charts (where you have a number of bars, for different series, bunched together in each category) with quite a lot of bars per category recently.
This sort of thing:
Lest I risk being stripped of my Peston Geek of the Week badges, there isn't anything particularly wrong with this - it just happened to be one example I noticed this week! But personally, I find four bars per category a bit much - I don't think the key stories are as easy to read as they might be. (I should confess my own sins at this point.)
In instances like this one - where the results for a single age group will add up to 100% - I think there's an obvious alternative: a 100% bar chart.
I think this makes the same point - that attitudes to lifting lockdown divide along age lines - more clearly. The thing you might lose is being able to easily compare should/should not for a particular age group, but that's not the main point being made and (personally) I think that takes some time with the original anyway.
Again, there's nothing particularly wrong with the original in this instance. But I've definitely seen more egregious examples, where the number of clustered columns becomes a bar to understanding the data.
Some initial thoughts on other subjects:
DB I thoroughly enjoyed last night's Data Bites geo-special, which you can watch as-live here (and will appear in slightly edited form here). I even included a chart-based quiz - question here (it does get there eventually), answer here. We'll be back on Wednesday 7 July with the next one, and then back on 8 September after a short summer break.
VPs Reports (Meta data, below) suggest the government has backtracked on many of its 'vaccine passport' plans for domestic use. (Rumours government will leave much to the free market are still a concern - government needs to provide clarity and be wary of harms, whoever is developing such systems.) Here's the Ada Lovelace Institute report on vaccine passports I was involved with.
GPDPR Also below are many links about the planned General Practice Data for Planning and Research, a new NHS Digital initiative to use patient data, which is now starting to become A Thing in the press.
LN If you're interested in data sonification, a new podcast - Loud Numbers - is launching with a whole festival on the topic this Saturday. Here are my collected sonifications for the Institute for Government podcast (which I've been saying I'll write up for about a year and a half now...)
ODI There are some great jobs - including researcher and senior researcher roles - going at the Open Data Institute, where I'm a special adviser (but don't let that put you off).
OGP NAP If you'd like to get involved in shaping the UK's next national action plan for open government, remember you can sign up here.
CogX And last but not least, I'm delighted to announce I'll be chairing a session on 'AI Governance: the role of the nation in a transnational world' at this year's CogX at 1pm on Wednesday 16 June.
W:GC will be taking a break next week, and perhaps the week after if I'm feeling really decadent. Remember there are 100+ other data newsletters, podcasts or event series you can sign up to here.
Have a great weekend/week/fortnight
Gavin
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Today's links:
Graphic content
Viral content
Peru has world’s worst per capita Covid toll after death data revised (The Guardian)
Pretty big validation... (John Burn-Murdoch)
Covid-19 deaths in Wuhan seem far higher than the official count (The Economist)
This is an analysis of the rate of growth of the "delta variant" (Alex Selby)
COVID-19: Indian variant now dominant in a fifth of areas in England - do you live in one? (Sky News)
How the Indian Covid variant has surged in England* (New Statesman)
Side effects
Covid catch-up plan for England pupils ‘pitiful compared with other countries’ (The Guardian)
How England’s school catch-up funding falls £13.6bn short* (New Statesman)
Concerns about missing work may be a barrier to coronavirus vaccination* (Washington Post)
COVID-19 passports: Britons are still in favour even as government scraps plans (YouGov)
Most people in UK did not work from home in 2020, says ONS (The Guardian)
UK
UK's culture war divisions exaggerated but real, say public – as shown by views on equal rights, cultural change and class, and online bubbles (The Policy Institute at King's College London, Ipsos MORI)
Lewis Baston: London voting patterns 2021. Not so much a doughnut as a swirl (On London)
Labour, not the Conservatives, was the largest party among low-income workers in 2019* (New Statesman)
The Greens are on the march. Who should be afraid?* (New Statesman)
Gender in public life (IfG)
Is this the beginning of the end of marriage? (Tortoise)
US
Small share of US police draw third of complaints in big cities* (FT)
Biden Targets Racial, Social Inequities With Vast Spending Push* (Bloomberg)
Hunger has declined dramatically across America in the past year* (The Economist)
NYC’s School Algorithms Cement Segregation. This Data Shows How (The Markup)
The Persistent Grip of Social Class on College Admissions* (The Upshot)
Building a Home in the U.S. Has Never Been More Expensive* (Bloomberg)
Nature, environment, energy
Cicadas, insecticides and children* (The Economist)
Corporate-led $1bn forests scheme is ‘just the beginning’* (FT)
European Banks’ Next Big Problem? The CO2 in Their Loan Books (Bloomberg)
How an Insurgency Threatens Mozambique’s Gas Bonanza* (Bloomberg)
Everything else
English clubs are dominating European football once again* (The Economist)
Unpacking the 2021 Digital Government Survey (FWD50)
#dataviz
A collection of visualization techniques for geospatial network data (GEOSPATIAL NETWORK VISUALIZATION)
Reconstructing the Neighborhood Destroyed in the Tulsa Race Massacre* (New York Times)
Meta data
Viral content
NHS Covid app signs £10m six-month contract extension with developer Zühlke (Public Technology)
The UK’s response to new variants: a story of obfuscation and chaos (BMJ)
Exclusive: UK vaccine passport plans to be scrapped* (Telegraph)
Introducing Covid certificates is a ‘finely balanced’ decision, says Gove (The Guardian)
SCOTTISH LOCAL GOVERNMENT DURING COVID-19: DATA NEEDS, CAPABILITIES, AND USES (Urban Big Data Centre)
Sharing data to help with the Covid-19 vaccination programme (DWP Digital)
How Modi’s fraught relationship with pandemic data has harmed India* (FT)
All those pub apps you’ve downloaded are a privacy nightmare* (Wired)
Losing patients?
Our perspective on the new system for GP data (Understanding Patient Data)
Helen Salisbury: Should patients worry about their data? (BMJ)
Your NHS data will be quietly shared with third parties, with just weeks to opt out – GPs like me are worried (i)
Dear #research, People are opting out in droves – Matt Hancock’s data grab, facilitated by NHSX, is damaging your work (medConfidential)
Matt Hancock has quietly told your GP to hand over your health data. Why? (openDemocracy)
Plans to share NHS data must be reconsidered* (FT)
GPs warn over plans to share patient data with third parties in England (The Guardian)
The Guardian view on medical records: NHS data grab needs explaining (The Guardian)
Your medical records are about to be given away. As GPs, we’re fighting back (The Guardian)
UK government
Government Digital Service: Our strategy for 2021-2024 (Strategic Reading)
Geospatial Commission sets its 2021/22 priorities (Geospatial Commission)
Office for Statistics Regulation Annual Business Plan 2021/22 (OSR)
Office for National Statistics: the number-crunching whizzes keeping Britain afloat are the unsung heroes of the pandemic (Reaction)
Digital Strategy for Defence: Delivering the Digital Backbone and unleashing the power of Defence’s data (MoD)
Introducing a Head of Digital role to DfE (DfE Digital and Technology)
Why we’ve created an accessibility manual – and how you can help shape it (DWP Digital)
Working in data, insight and user research roles at GOV.UK (Inside GOV.UK)
How to make hybrid or ‘blended’ meetings work for your team (MoJ Digital and Technology)
AI got 'rithm
How soft law is used in AI governance (Brookings)
The race to understand the exhilarating, dangerous world of language AI* (MIT Technology Review)
Can AI be independent from big tech?* (Tortoise)
Sentenced by Algorithm* (New York Review of Books)
Google says it’s committed to ethical AI research. Its ethical AI team isn’t so sure. (Recode)
Facebook’s AI treats Palestinian activists like it treats American Black activists. It blocks them.* (Washington Post)
Privacy, people, personal data
Privacy group targets website 'cookie terror' (BBC News)
EU to step up digital push with digital identity wallet (Reuters)
ICO call for views: Anonymisation, pseudonymisation and privacy enhancing technologies guidance (ICO)
Data isn’t oil, whatever tech commentators tell you: it’s people’s lives (The Observer)
Everything else
In big tech’s dystopia, cat videos earn millions while real artists beg for tips (The Guardian)
Rescuers question what3words' use in emergencies (BBC News)
Gadgets have stopped working together, and it’s becoming an issue (The Observer)
German Bundestag adopts autonomous driving law (The Robot Report)
Code is cheap; ignorance is costly (Matt Edgar)
The internet is flat. (Galaxy Brain)
Opportunities
EVENT: AI Governance: the role of the nation in a transnational world (CogX)
Full programme
EVENT: Special Topic Meeting on R/local R/transmission of Covid19 (Royal Statistical Society)
EVENT: Deploying algorithms in government (Global Government Forum)
EVENT: Emerging approaches to the regulation of biometrics: The EU, the US and the challenge to the UK (Ada Lovelace Institute)
SURVEY: Help to shape the National AI Strategy (AI Council, supported by The Alan Turing Institute)
JOB: CEO (Advanced Research and Invention Agency)
BEIS seeks chief for research agency championed by Cummings (Civil Service World)
JOB: Chief Digital Officer for Health and Care for Wales (Health Education and Improvement Wales, via Jukesie)
JOB: Head of Data Strategy (Companies House)
JOB: Head of Data Policy Analysis Team (DCMS)
JOB: Data Architect (GDS)
JOBS: Open Data Institute
JOBS: Open Data Manchester
JOB: Manager, Data and Digital Team (Social Finance, via Jukesie)
And finally...
Baked in
We collected data on 1,500 politicians' favourite biscuit. Here's what we found. (Democracy Club)
NYC Mayor Race: Ranked-Choice Ballot Explained, With Bagels* (Wall Street Journal)
Maps
Countries coloured by the number of other countries they border (Helen McKenzie)
An orange or an egg? Determining the shape of the world* (The Spectator)
I'm planning to cycle around London looking at bits of internet infrastructure and general sites of interest in computer history (Reuben Binns)
"How much of Scotland is further south than the most northerly part of England?" (Alasdair Rae)
Cartoons
'It's just counting!' (Scott Murray)
Help a Computer Win the New Yorker Cartoon Caption Contest (The Pudding)
Everything else
Can you make AI fairer than a judge? Play our courtroom algorithm game (MIT Technology Review)
Behind the painstaking process of creating Chinese computer fonts* (MIT Technology Review)
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Will the Jeans Industry Survive COVID Amid Higher Demand for Comfort? – WWD
https://pmcwwd.files.wordpress.com/2020/05/happy-consumer.jpg?w=640&h=415&crop=1
While COVID-19 has disrupted new seasons across all categories, shifts toward comfort and at-home lifestyles have significantly disrupted the denim industry.
After years of decline, denim was predicted to be looking forward to a fresh start with initiatives for a cleaner, more sustainable denim as the key. Consistent innovation in fabrics for development of trendy yet comfortable jeans appealed to the consumer in 2019, according to Euromonitor’s 2020 Jeans in the U.S. report.
The denim market is being led by legacy brands who win on consumer nostalgia, though new labels with innovative products have also come into play. Levi Strauss & Co. was called out as a leader in the industry by Euromonitor, among others, with plans to reduce its overall water usage by 50 percent in its factories and finishing plants by 2025. Though they were hardly the only denim focused brand to put a higher focus on sustainability. Wrangler recently celebrated its 50th anniversary by surpassing its global water goal, saving 7 billion liters of water in its production of denim since 2008.
Trendalytics March 2020 top trends report found ethical eco-friendly denim continuing to accelerate growth, with “sustainable denim” searches increasing 123 percent year-over-year and “sustainable jeans” searches increasing 195 percentyear-over-year. The terms were predicted to grow further over the next six months with 90 percent confidence. Levi’s, Cheap Mondays and Asos were the top associated brands.
The Ellen MacArthur Foundation under its Make Fashion Circular initiative launches guidelines on redesigning jeans. Shutterstock / urfin
Concurrently, Kingpins Show, the seminal denim supply chain event announced a partnership with the Conscious Fashion Campaign in collaboration with the United Nations Office for partnerships earlier this year, amplifying its already prominent moves for sustainable development and social responsibility in the denim industry.
At the end of 2019, it was predicted that the denim industry would grow more than $14 million by 2024, according to a report from Technavio, the global technology research and advisory company. Still, coronavirus has taken a toll on denim brands, which are ultimately discretionary spending. In the last few months, the fashion industry at large has seen buying trends and consumer behaviors shift dramatically due to the uncertainty brought on by COVID-19 and a new stay-at-home culture.
In the past, denim has taken a backseat as ath-leisure has risen in popularity. And during coronavirus, sweatpants have thrived. Though despite falling on hard times in 2014, Edited, the retail-decision platform points to streetwear’s ability to incorporate both ath-leisure and denim as denim’s key to reinvigorating, in its 2020 denim report.
According to Edited, in an analysis of men’s and women’s jeans, leggings and sweatpants arriving online since the beginning of 2020 across major retailers in the U.S. and the U.K., denim showed to be the dominant style. Further, Edited found denim with comfort features have seen particular success with the majority of stockkeeping-unit sellout of women’s stretch jeans rising 23 percent year-over-year. The company notes that these styles are a low-risk investment for retailers to refresh denim promotions during this time.
At the same time, in its “dressed up” apparel report, Edited noted that as people continue to work from home, items like stretch denim could be a contender for an alternative to loungewear and pajama dressing though still “relatively comfy.” Similarly, a study by Trunk Club on popular apparel trends during coronavirus found that women are continuing to get dressing in the morning before working from home, saying that the practice makes them feel more productive.
Tracking U.S. pricing on jeans, Edited found average advertised full price has increased since 2018, demonstrating a more competitive market overall. Simultaneously, NPD’s 2019 Jeans report found that 80 percent of women’s jeans were sold in-store, online sales were rising. As told by experts, coronavirus has served to amplify digital trends that were on the verge of escalation, including shifts in online sales for certain markets.
In its launch of Kingpins24, a two-day online denim conference, brands came together to share ideas, information and inspiration for the fall 2021 season. Among the forecasted trends presented were “Peacenik: The Graduate, Pause and Art Haus,” with sustainability and nostalgia themes running throughout.
Edited’s denim report similarly predicted eco-friendly denim and nostalgic themes for fall 2020. So far in 2020, Edited reported straight leg, wide leg, high rise, miniskirt, flares, shirts, shorts as the top-selling denim fits in Q1, including light washes and white denim. Looking ahead, the report expects to see slouchy silhouettes, lighter tones, and reworked denim begin to trend.
Afterpay, the popular buy-now-pay-later company with a largely Millennial and Gen Z user base, saw a 120 percent increase in denim sales from January 2020 to May 2020 in comparison to denim sales from January 2019 to May 2019. Some of the top brands on Afterpay so far this year include Levi’s and Madewell. Popular styles include shorts and jackets.
For More WWD Business News:
Online Fitness Surges Amid Coronavirus
Short Takes: How Is Denim Doing During COVID-19?
Edwin Relaunches in the U.S. With Sustainability Ethos
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Stucco Market by Material (Cement, Aggregates, Admixture, Plasticizers, Bonding Agent), Type (Traditional, Insulated), Base (Concrete, Masonry, Tile), End-use (Residential & Non-residential), and Region- Global forecast to 2024 published on
https://www.sandlerresearch.org/stucco-market-by-material-cement-aggregates-admixture-plasticizers-bonding-agent-type-traditional-insulated-base-concrete-masonry-tile-end-use-residential-non-residential-and-regi.html
Stucco Market by Material (Cement, Aggregates, Admixture, Plasticizers, Bonding Agent), Type (Traditional, Insulated), Base (Concrete, Masonry, Tile), End-use (Residential & Non-residential), and Region- Global forecast to 2024
“Increasing consumption of stucco in the non-residential construction is projected to drive the overall growth of the stucco market across the globe from 2019 to 2024.”
The stucco market is projected to grow from USD 10.9 billion in 2019 to USD 13.4 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 4.2% from 2019 to 2024. The global stucco market has witnessed high growth primarily because of the increasing non-residential construction worldwide. Rapid industrialization and expansion in the emerging economies, coupled with an increasing need for sustainable and energy-efficient building solutions, are contributing to the increasing growth of the stucco market over the next few years. However, the preference of consumers for finished systems over stucco may hinder the growth of the stucco market.
“In terms of both value and volume, the insulated segment is projected to grow at a higher CAGR during the forecast period.”
The insulated segment, by type, is projected to grow at a higher CAGR during the forecast period, in terms of value and volume. Insulated stucco provides high strength, prolonged durability, and ability to fight moisture to the buildings; also, it requires less maintenance. These factors make stucco an ideal choice in the construction industry.
“In terms of both value and volume, the Asia Pacific stucco market is projected to contribute the maximum share during the forecast period.”
In terms of value, the Asia Pacific region is projected to lead the stucco market from 2019 to 2024 due to the strong demand from countries such as China, Japan, India, Australia, and South Korea. This demand in these mentioned countries is due to the tremendous growth of the construction opportunities in these countries, due to the low-cost labor and cheap availability of lands. The demand is also driven by the increasing growth of the building & construction industry.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the stucco market.
Break-up of Primaries:
By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
By Designation: C-Level: 40%, D-Level: 35%, and Others*:25%
By Region: North America: 20%, Europe: 30%, Asia Pacific: 35%, Middle East & Africa: 10%, and South America: 5%
*Others include sales managers, marketing managers, and product managers.
Note: The three tiers of the companies were decided based on their revenues as of 2018.
The stucco market comprises major manufacturers such as Sika AG (Switzerland), Cemex (Mexico), BASF SE (Germany), Omega Products International (US), and Dryvit Systems Inc. (US).
Research Coverage
The market study covers the stucco market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on the type, material, base, end-use sector, and region. The study also includes in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their positions in the stucco market.
Key Benefits of Buying the Report
The report is projected to help market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall stucco market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
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Some ruminations on decentralization of identifications
It’s tax season, which has me thinking about one of decentralized technology’s holy grails: self-sovereign identities. It’s a stirring vision, of a world in which control over our driver’s licenses, passports, birth certificates, social security numbers — the table stakes to participate in the modern economy — rests in our hands, rather than that of the governments who issue them and the companies who demand them. A world in which the tools of identity are as accessible to a stateless refugee as they are to an investment banker.
The concept is most eloquently explained by Christopher Allen in his essay “The Path To Self-Sovereign Identity” a few years ago. This piece recapitulates online identities: the hierarchically dictated identities of the Domain Name System and certificate authorities, still in use today; the idealistic, impractical “Web of Trust” of PGP; OpenID and OAuth; argues that the next phase of identity is self-sovereign identity; and itemizes its ten core principles. (Independent existence, user control, user access, transparent systems, long lives, transportable services, wide usability, user consent, minimized disclosure, protected rights.)
“Sounds great,” I hear you saying, “but what exactly does that all mean?” When you boil that stirring set of concepts and principles down to “what actually happens at the DMV after it switches to self-sovereign identities,” it probably — though there are conflicting visions — looks like this. Warning: blockchain ahead.
Your unique, global, personally controlled “identity” is an account on a global shared datastore not beholden to any government or organization. (I told you a blockchain was coming.) You access this account via the knowledge of a secret series of words, which can be transformed into a cryptographic private key.
You bring your phone — on which you’ve already unlocked your identity — to the DMV, and have it convey to their systems the identification they need. Today, I would need my physical green card, with my photo, and two physical proofs of address — say, one each from PG&E and Chase Bank. In a self-sovereign world, I wouldn’t need any documents at all. I wouldn’t even need my own phone; any trusted piece of hardware with access to that decentralized system would do. That “identity account” would already include attestations from the US government, PG&E, and Chase, stating e.g. “Chase Bank confirms that Jon is known to receive physical mail at this address,” signed with Chase’s own unforgeable private key.
I would approve the sharing of those attestations — and only those relevant for this particular mission; the DMV needs my address, but doesn’t need my bank account balance or my credit rating. My green-card attestation would include the photo of me taken during that process. The DMV would then take their own photo of me, and…
send to me their own attestation, “Jon is licensed to drive cars and motorcycles for noncommercial purposes in California until 1 April 2024, and this is a picture of him as of 1 April 2019,” signed by their own private key. My phone would then verify this attestation (presumably transferred to me as something like a QR code) and attach it to my own global identity account.
When carded at a bar, I would then provide that photo and the attestation of my age. If pulled over by the police, I’d provide all the legally required information regarding my identity and registration … and no more.
You’ll notice that this “decentralized” solution requires buy-in from the State of California, PG&E, and JP Morgan Chase … i.e. the current centralized providers of identity information. Let’s suppose, for the sake of argument, that they’re willing to participate in this system, sign and use digital attestations, etc. Certainly enterprises are at least interested in the notion.
The advantages are significant. Identity theft would become vastly more difficult; knowing my social security number and address would do no good if the thief couldn’t sign them as me. The estimated billion people on Earth with no formal documents could begin chains of attestations, starting with local establishments who know them personally, or the UN High Commission on Refugees, which could in time accumulate into something solid enough to build credit and formally own property. Best of all, as long as you remembered your mnemonic phrase, you would literally carry all of your ID in your head, and would only ever need a cheap burner phone to use them. It would be a world devoid of any fear of losing your passport / green card / driver’s license / credit cards.
(You’ll note that Apple Card is a half-step towards such a world…)
Online, persistent passwords could be replaced by one-time-use ones — something as simple as signing a salted timestamp with a private key (well, in practice probably a revocable intermediate key) and having the site in question check that signature against your identity account’s public key. Phishing would become a thing of the past, because no password would or even could ever be used twice.
The complexities and disadvantages are also, to understate, nontrivial. In the case of losing or being forced to surrender your identity key, you could have a “social recovery” procedure in which, say, a majority of 5 out of 7 people, chosen by you, presumably very close and trusted, would have the power to recover or rotate your identity key, rendering your old one useless… but this is obviously much more difficult and fault-prone than going to a centralized power who can fix you up with the stroke of a single key.
What’s more, the sheer accumulation of all those attestations in one place could turn that into a single point of failure, and make them more vulnerable to misuse. Right now, immigration officers don’t usually ask for your credit rating, because it isn’t realistic to expect everyone to carry or have access to that information. But in a world where the same technology which tells them “this person is a citizen of Nation X” has the power to inform them, at the same time, of their credit rating … that expectation may change.
It’s possible that unifying identities and attestations in a single place is actually quite undesirable; individuals may theoretically have control over what they share, but in practice, can be put under duress where they have little choice to surrender it all. It’s not hard to envision a world in which states put you through the equivalent of an IRS audit, and airlines demand all your banking and credit information which then use to relentlessly upsell, every time you travel between countries … purely because they can, because doing so has become technically easy, and all your attestations are known to the attesters too, so you must constantly “volunteer” all your data to get anything done.
(You’ll note that people from poor countries applying for visas to rich countries must already go through this kind of invasive in-depth investigation of their personal and financial history. In this future technology would be a great equalizer! …by treating everyone in the same dystopian way.)
In short: decentralized self-sovereign identities are not a panacea, and if not carefully structured, they could even be an accidental boon to authoritarian governments. But their potential is great enough that I’m glad to see more and more companies working on them (particularly Sovrin and uPort, and Keybase is doing good work in this area too.) Watch this space: I expect a lot of interesting developments in this field over the next few years.
source https://techcrunch.com/2019/04/07/some-ruminations-on-decentralization-of-identifications/
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Some ruminations on decentralization of identifications
It’s tax season, which has me thinking about one of decentralized technology’s holy grails: self-sovereign identities. It’s a stirring vision, of a world in which control over our driver’s licenses, passports, birth certificates, social security numbers — the table stakes to participate in the modern economy — rests in our hands, rather than that of the governments who issue them and the companies who demand them. A world in which the tools of identity are as accessible to a stateless refugee as they are to an investment banker.
The concept is most eloquently explained by Christopher Allen in his essay “The Path To Self-Sovereign Identity” a few years ago. This piece recapitulates online identities: the hierarchically dictated identities of the Domain Name System and certificate authorities, still in use today; the idealistic, impractical “Web of Trust” of PGP; OpenID and OAuth; argues that the next phase of identity is self-sovereign identity; and itemizes its ten core principles. (Independent existence, user control, user access, transparent systems, long lives, transportable services, wide usability, user consent, minimized disclosure, protected rights.)
“Sounds great,” I hear you saying, “but what exactly does that all mean?” When you boil that stirring set of concepts and principles down to “what actually happens at the DMV after it switches to self-sovereign identities,” it probably — though there are conflicting visions — looks like this. Warning: blockchain ahead.
Your unique, global, personally controlled “identity” is an account on a global shared datastore not beholden to any government or organization. (I told you a blockchain was coming.) You access this account via the knowledge of a secret series of words, which can be transformed into a cryptographic private key.
You bring your phone — on which you’ve already unlocked your identity — to the DMV, and have it convey to their systems the identification they need. Today, I would need my physical green card, with my photo, and two physical proofs of address — say, one each from PG&E and Chase Bank. In a self-sovereign world, I wouldn’t need any documents at all. I wouldn’t even need my own phone; any trusted piece of hardware with access to that decentralized system would do. That “identity account” would already include attestations from the US government, PG&E, and Chase, stating e.g. “Chase Bank confirms that Jon is known to receive physical mail at this address,” signed with Chase’s own unforgeable private key.
I would approve the sharing of those attestations — and only those relevant for this particular mission; the DMV needs my address, but doesn’t need my bank account balance or my credit rating. My green-card attestation would include the photo of me taken during that process. The DMV would then take their own photo of me, and…
send to me their own attestation, “Jon is licensed to drive cars and motorcycles for noncommercial purposes in California until 1 April 2024, and this is a picture of him as of 1 April 2019,” signed by their own private key. My phone would then verify this attestation (presumably transferred to me as something like a QR code) and attach it to my own global identity account.
When carded at a bar, I would then provide that photo and the attestation of my age. If pulled over by the police, I’d provide all the legally required information regarding my identity and registration … and no more.
You’ll notice that this “decentralized” solution requires buy-in from the State of California, PG&E, and JP Morgan Chase … i.e. the current centralized providers of identity information. Let’s suppose, for the sake of argument, that they’re willing to participate in this system, sign and use digital attestations, etc. Certainly enterprises are at least interested in the notion.
The advantages are significant. Identity theft would become vastly more difficult; knowing my social security number and address would do no good if the thief couldn’t sign them as me. The estimated billion people on Earth with no formal documents could begin chains of attestations, starting with local establishments who know them personally, or the UN High Commission on Refugees, which could in time accumulate into something solid enough to build credit and formally own property. Best of all, as long as you remembered your mnemonic phrase, you would literally carry all of your ID in your head, and would only ever need a cheap burner phone to use them. It would be a world devoid of any fear of losing your passport / green card / driver’s license / credit cards.
(You’ll note that Apple Card is a half-step towards such a world…)
Online, persistent passwords could be replaced by one-time-use ones — something as simple as signing a salted timestamp with a private key (well, in practice probably a revocable intermediate key) and having the site in question check that signature against your identity account’s public key. Phishing would become a thing of the past, because no password would or even could ever be used twice.
The complexities and disadvantages are also, to understate, nontrivial. In the case of losing or being forced to surrender your identity key, you could have a “social recovery” procedure in which, say, a majority of 5 out of 7 people, chosen by you, presumably very close and trusted, would have the power to recover or rotate your identity key, rendering your old one useless… but this is obviously much more difficult and fault-prone than going to a centralized power who can fix you up with the stroke of a single key.
What’s more, the sheer accumulation of all those attestations in one place could turn that into a single point of failure, and make them more vulnerable to misuse. Right now, immigration officers don’t usually ask for your credit rating, because it isn’t realistic to expect everyone to carry or have access to that information. But in a world where the same technology which tells them “this person is a citizen of Nation X” has the power to inform them, at the same time, of their credit rating … that expectation may change.
It’s possible that unifying identities and attestations in a single place is actually quite undesirable; individuals may theoretically have control over what they share, but in practice, can be put under duress where they have little choice to surrender it all. It’s not hard to envision a world in which states put you through the equivalent of an IRS audit, and airlines demand all your banking and credit information which then use to relentlessly upsell, every time you travel between countries … purely because they can, because doing so has become technically easy, and all your attestations are known to the attesters too, so you must constantly “volunteer” all your data to get anything done.
(You’ll note that people from poor countries applying for visas to rich countries must already go through this kind of invasive in-depth investigation of their personal and financial history. In this future technology would be a great equalizer! …by treating everyone in the same dystopian way.)
In short: decentralized self-sovereign identities are not a panacea, and if not carefully structured, they could even be an accidental boon to authoritarian governments. But their potential is great enough that I’m glad to see more and more companies working on them (particularly Sovrin and uPort, and Keybase is doing good work in this area too.) Watch this space: I expect a lot of interesting developments in this field over the next few years.
Via Jon Evans https://techcrunch.com
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Testosterone Replacement Therapy Market | Industry Outlook, Growth Prospects and Key Opportunities
Global Testosterone Replacement Therapy Market: Overview
A range of testosterone replacement therapy (TRT) products formulated from various active ingredients are available in the market these days. At present around 30% of men worldwide suffer from hypogonadism or testosterone deficiency as shown by different studies. The percentage is substantial and in the near future it is slated to spike thereby likely effecting a demand jump for TRT products. The global market for testosterone replacement therapy is highly consolidated with the top five players accounting for a lion’s share – almost 80.0% – of the market.
A report by Transparency Market Research scopes out the global testosterone market by segmenting it by product type and active ingredients. The different TRT products are avinto patches, injections, creams/gels, gums/buccal adhesives, oral drug forms, and implants. The creams/gels segment, among them, accounts for a dominant share in the market due to the robust sales of branded formulations. In terms of growth rate, however, the injections product segment is slated to outshine others with more consumers buying the products as they are relatively cheap and can be self-administered. Among the different active ingredients, testosterone holds a sway over the market but is expected to face strong competition from other active ingredients such as testosterone undecanoate and testosterone cypionate in the upcoming years.
Companies Mentioned in Report
Prominent players in the global testosterone replacement therapy market are Allergan plc, Novartis AG, AbbVie, Inc., Endo Pharmaceuticals, Inc., Bayer AG, Eli Lilly and Company, Mylan N.V., and Pfizer, Inc.
This exhaustive report includes a 360° view of the Testosterone Replacement Therapy Market. Browse through this 127-page report to know what factors will shape the market during the period 2016-2024
http://www.transparencymarketresearch.com/testosterone-replacement-therapy.html
Global Testosterone Replacement Therapy Market: Trends and Opportunities
A major concern in the global testosterone replacement therapy market is the imminent patent expiration of some of the top products which will pave the way for lesser priced generics in the market. This is predicted to bring down revenues of dominant players significantly. The segment predicted to take maximum hit is the gels/cream TRT products, which now enjoys a dominant market share because of its ease of use and reduced side effects. Another factor bogging down the market is the possible risk of cardiovascular or metabolic disease resulting from the treatment of testosterone deficiency.
The blow dealt by the patent expirations to the global market for testosterone replacement therapy is expected to be somewhat mitigated by the growing instances of testosterone deficiency and a burgeoning geriatric population – a key target demographic for companies. Besides, rising awareness about testosterone replacement therapy (TRT) and unveiling of innovative testosterone replacement therapy technology such as spray-on and unmodified testosterone is also expected to propel sales and offset the loss to some extent. But overall, patent expirations will drag down revenues in the long run. The report by Transparency Market Research, finds that revenues in the global market will tumble and reach US$1.3 bn by 2024 from US$2.0 bn in 2015 at a negative CAGR of 4.2% CAGR from 2016 to 2024.
Global Testosterone Replacement Therapy Market: Regional Outlook
North America, powered by strong demand for advanced TRT products in the U.S., dominates the global testosterone replacement market by accounting for almost 84.0% share in it. In fact, the U.S. occupied about 95.0% of the North America market in 2015. Europe follows North America vis-à-vis market share. Other important markets are Asia Pacific, the Middle East and Africa (MEA), and Latin America. Asia Pacific is expected to exhibit speedy growth because of significantly higher healthcare investments. China and India hold out a solid potential for the TRT market. South Korea and Japan too will impact sales positively due to a growing population of geriatrics. In Latin America, Brazil is the primary TRT market with maximum share.
Request a brochure of this report to know what opportunities will emerge in the rapidly evolving Testosterone Replacement Therapy Market during 2016- 2024
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1097
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What It Costs to Have a Gallery in New York City
The art world has long had a complicated relationship with the real estate market: Galleries and artists tend to move where rent is cheap, but with their very presence drive up rents in the neighborhood. And while galleries have a say in many of their costs—from how many people to hire to how many fairs to attend—rents can evolve along a market trajectory dictated by factors far beyond a gallery’s control. Real estate pricing, especially in an international hub like New York City, is driven by dynamics in retail and critical local industries as well as trends in the global economy.
How real estate prices evolve impacts how and where galleries in New York City will operate; in particular, it sets the bar for how much a gallery will have to sell to stay solvent. To get a better picture of what it costs galleries to set up shop in key New York neighborhoods, we spoke to several real estate agents with expertise in serving galleries about the market in Chelsea and the Lower East Side, and in Brooklyn’s Williamsburg and Bushwick.
Chelsea Stabilizes
Before the 2008 financial crash, rents in Chelsea averaged around $90–$100 per square foot for a ground-floor location, according to Susan B. Anthony, a realtor with over two decades of experience facilitating art-world real estate deals. Today, average rent for ground-floor space in Chelsea is around $120 per square foot, out of reach for all but the most monied of galleries, because of the total cost of what are generally large, 1,500–5,000-square-foot spaces.
Some higher-end galleries, like David Zwirner and Gagosian, own their spaces, and are thus relatively immune to the cost of shifting rents. But for other galleries looking for a home in Chelsea, “It’s very hard to find space that people can afford,” Anthony says.
Landlords have been hoping that retailers—the kind of boutiques and flagships one finds in SoHo—with deeper pockets will fill the void. But there is no indication that this is happening. Even as the High Line draws millions of people per year to Chelsea, the raised park has failed to generate the kind of foot traffic that retailers need to sustain their businesses.
“The trouble is that the High Line is 30 feet off the ground,” says Earl Bateman, a commercial broker with Focus Real Estate, Keller Williams NYC.
Without the foot traffic in Chelsea that would entice retailers, galleries can “drive the market,” Bateman adds. “If they’re not willing to pay it, spaces will sit empty.” The dynamic has prevented the astronomical increase of prices in recent years.
“It’s hovering, but it’s more of a tenant’s market,” says Jonathan Travis, of the Redwood Property Group. Like all markets, there are price variations block by block, even property by property. Costs depend on numerous factors including the bones of the building, the delivery condition, and whether the landlord has high mortgage payments. Some spaces can still be found for below $100 per square foot.
Going forward, the major question mark for Chelsea real estate is how the Hudson Yards development—which stretches from 30th Street to 34th Street and from the Hudson River to 10th Avenue—will impact rents. The project will create tens of thousands of square feet of office, residential, and retail space just north of the arts neighborhood over the coming eight years.
But Bateman is skeptical that the well-heeled residents of Hudson Yards will turn Chelsea into a destination like SoHo, which is centrally located in lower Manhattan and connected to the rest of the city by public transportation. “It wasn’t residential that drove SoHo’s prices up,” he says. “It was being surrounded by subways.”
Still, Anthony says that in the long run she expects rents to keep rising (not surprising to anyone who’s been living in New York in the past few decades). “Unless the world falls apart,” she says.
Looking to the Lower East Side
Rising rents and the razing of existing buildings for new residential construction have caused Chelsea to lose a net half-dozen galleries per year between 2011 and 2015, according to Bateman’s calculations, including CRG Gallery and Andrew Edlin Gallery. Many have relocated to the Lower East Side, even ones who could afford to stay in Chelsea.
“Going downtown felt right on a number of levels,” says Michael Gillespie of Foxy Production, which moved from a ground-floor Chelsea space to Chinatown in 2016. While the gallery could have remained in Chelsea, his team opted to move to a second-floor space in what they saw as a more dynamic neighborhood.
For them and others, the Lower East Side’s mix of character, proximity to younger galleries, and often cheaper rent is appealing. (Even before price hikes in Chelsea, galleries had made it their home.)
Compared to the big white boxes of Chelsea, the majority of locations across the Lower East Side are smaller and run by independent landlords who may only own a few properties. Galleries can still find larger spaces on the Lower East Side, mostly on the Bowery. But there, rents can start at roughly $110 and creep up to roughly $200 per square foot or above, north of Delancey. And unlike in Chelsea, landlords are able to find tenants—hotels, restaurants—willing to pay the higher-end sums to open up shop along the highly trafficked corridor.
TriBeCa is another attractive alternative to Chelsea, thanks to its many former factory buildings with high ceilings and expansive, loft-like spaces. After being told of the impending demolition of its Chelsea building (one that hasn’t actually occurred), Alexander and Bonin relocated to 47 Walker Street in 2016. The gallery’s new location is 3,000 square feet larger than its Chelsea space, Bonin says, and offers a better value along with much higher ceilings and a skylight.
By contrast, rent for Lower East Side spaces can rise to be equal to or even higher than prices in Chelsea on a per-square-foot basis. In the area around Grand and Allen, prices range from roughly $100–$145 per square foot, according to Bateman. But the figures only tell part of the story. As Travis notes, the average size for commercial spaces is roughly 500–1,500 square feet on the Lower East Side, meaning that a gallery’s costs overall are lower.
Ch-ch-ch-changes
Like Chelsea, the Lower East Side is also facing development. Essex Crossing will see 1.9 million square feet of public, commercial, and residential space open in phases starting in 2018, at the corner of Essex and Delancey. The development is slated to finish construction in 2024.
“I can see the real estate monster annihilating all these businesses,” says James Fuentes, who has run his eponymous gallery from 55 Delancey Street on the Lower East Side since 2010, and was in Chinatown for three and a half years before that.
One need only look to Williamsburg to see the impact of rapid development. In 2011, five years before an Apple store opened in the neighborhood, a spate of headlines declared the end of the arts community there.
Fast-forward to today and a thriving retail scene, wealthier residents, and new developments have pushed commercial rents for ground-floor spaces to around $115–$125 per square foot, making it roughly comparable to what a gallery might pay in Manhattan. That’s driven galleries looking for cheaper digs farther east, to Bushwick, where rents are anywhere from half to one-fourth the price: $30–$60 per square foot.
Others are looking back across the river. “Galleries that were there in Brooklyn because it was cheaper have decided to go to the Lower East Side,” says Bateman. A prominent example is Pierogi, which moved to Manhattan after over two decades in Williamsburg. With costs between the two neighborhoods evening out, the Lower East Side’s proximity to those looking to buy art and the visibility it provides for a gallery’s artists become important factors.
Fuentes acknowledges that the kind of development that pushes gallery rents up brings benefits as well as costs. The people who may move into new luxury residential housing are also his potential customers. “The city is becoming a more and more expensive place to live because there is a higher concentration of wealth here,” Fuentes says. “But it is that demographic that basically sustains this community of galleries.”
—Isaac Kaplan
from Artsy News
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Packaging Printing Market by Printing Ink (Aqueous & UV-based), Printing Technology (Flexography, Gravure, Digital), Packaging Type (Labels & Tags, Flexible), Application (Food & Beverages, Cosmetics, Pharmaceuticals), & Region - Global Forecast to 2024 published on
https://www.sandlerresearch.org/packaging-printing-market-by-printing-ink-aqueous-uv-based-printing-technology-flexography-gravure-digital-packaging-type-labels-tags-flexible-application-food-beverages-cosmetics.html
Packaging Printing Market by Printing Ink (Aqueous & UV-based), Printing Technology (Flexography, Gravure, Digital), Packaging Type (Labels & Tags, Flexible), Application (Food & Beverages, Cosmetics, Pharmaceuticals), & Region - Global Forecast to 2024
“Growth indemand from the food & beverage industry to drive the market for packaging printing”
The global market for packaging printing is projected to grow from USD 350.6 billion in 2019 to reach USD 440.6 billion by 2024, at an estimated CAGR of 4.7%. The packaging printing market is driven by factors such as growth indemand for sustainable printing, increasing demand for flexible packaging, cost-effectiveness, and reduced packaging waste. The growing healthcare industry and the popularity of using convenient packaging are major drivers of the packaging printing market. Emerging markets, such as the Asia Pacific region, have contributed to an increase in the application of packaging printing in packaging products. Packaging printing not being suitable for heavy items is the strongest restraint for the industry.
“Digital printing of the printing technology segment projected to grow at the highest CAGR during the forecast period”
The digital printing technology of the printing technology segment is projected to grow at the highest between 2019 and 2024. The excellent print-ability and aesthetic appeal will drive the market of digital printing technology in the packaging printing market. Digital printing is highly preferred for packaging printing in personal care & cosmetics products, because of its aesthetic appeal facility to attract consumers at point-of-sale (POS).
“Asia Pacific to gain maximum traction during the forecast period”
The Asia Pacific region is projected to be the fastest-growing market during the forecast period, followed by Europe. In Asia Pacific, China is estimated to be the largest consumer for packaging printing, followed by Japan. China, with its growing food & beverage and healthcare industries, is expected to drive the packaging printing market. However, the market in India is projected to grow at the highest rate in the packaging printing market in the Asia Pacific region due to the tremendous growth of the packaging sector in the country, due to the low-cost labor, and cheap availability of lands.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the packaging printing market.
By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
By Designation: C-Level: 40%, D-Level: 35%, and Others: 25%
By Region: North America: 20%, Europe: 30%, Asia Pacific: 35%, the Middle East & Africa: 10%, and South America: 5%
Research Coverage
The market study covers the packaging printing market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on the packaging type, printing technology, printing ink, application, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the packaging printing market.
Key Benefits of Buying the Report
The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall packaging printing market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, restraints, and opportunities.
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Industrial Floor Coating Market by Resin Type, Flooring Material (Concrete, Mortar, Terrazzo), Coating Component, Technology, End-use Sector (Manufacturing, Aviation & Transportation, Food Processing, Science & Technology), Region - Global Forecast to 2024 published on
https://www.sandlerresearch.org/industrial-floor-coating-market-by-resin-type-flooring-material-concrete-mortar-terrazzo-coating-component-technology-end-use-sector-manufacturing-aviation-transportation-food-processing.html
Industrial Floor Coating Market by Resin Type, Flooring Material (Concrete, Mortar, Terrazzo), Coating Component, Technology, End-use Sector (Manufacturing, Aviation & Transportation, Food Processing, Science & Technology), Region - Global Forecast to 2024
“Increase in the industrial and commercial construction is projected to drive the overall growth of the industrial floor coating market across the globe from 2019 to 2024.”
The global industrial floor coating market size is projected to grow from USD 5.5 billion in 2019 to USD 6.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 4.6% from 2019 to 2024. The global industrial floor coating industry has witnessed high growth primarily because of the increasing industrial construction worldwide. Industrial expansion in the emerging economies and increasing need to protect floors from chemical attack as well as environmental conditions is another key factor contributing towards the increasing growth of the industrial floor coating sector over the next few years.
“In terms of both value and volume, the epoxy segment is projected to grow at the highest CAGR during the forecast period.”
The epoxy segment of the industrial floor coating market is projected to grow at the highest CAGR during the forecast period, in terms of value as well as volume. The unique combination of adhesion, chemical resistance, and physical properties of epoxy provides high protection to industrial floors against severe corrosive environments. Further, it is extensively used for flooring applications in industrial facilities such as refineries, chemical plants, and production.
“In terms of both value and volume, the concrete segment is projected to lead the industrial floor coating market from 2019 to 2024.”
Growth of concrete segment in the industrial floor coating industry is primarily attributed to various factors, such as its low cost, superior durability, and tensile strength. Coatings protect concrete floors from degradation due to contamination and also prevent the growth of microbes on the floor surfaces. It also provides concrete flooring with excellent chemical resistance, ease of maintenance, enhanced aesthetic appeal, and superior structural performance.
“The food processing segment is projected to lead the industrial floor coating market from 2019 to 2024.”
Floors in the food processing sectors are exposed to food by-products, such as sugar solution, hot oils, fats, and natural food acids which can cause damage to the flooring because of their corrosive nature. It can infiltrate uncoated concrete floors, resulting in bacterial growth, ultimately degrading the quality and purity of processed food. Floors in the food processing facilities are likely to provide harborage to pests, especially in the joints of walls and floors. To avoid these consequences, the food processing industry needs to apply floors coatings in their processing facilities, which in turn boost the demand for industrial floor coatings in this sector.
“In terms of both value and volume, the Asia Pacific industrial floor coating market is projected to contribute to the maximum market share during the forecast period.”
In terms of value, the Asia Pacific region is projected to lead the global market from 2019 to 2024 due to the strong demand from countries such as China, Australia, India, Japan, and South Korea. This demand in these mentioned countries is due to the tremendous growth of the industrial construction opportunities in these countries, due to the low-cost labor and cheap availability of lands. The demand is also driven by the increasing industrial, infrastructural & construction, marine, and automotive industries.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the industrial floor coating market.
By Company Type: Tier 1: 35%, Tier 2: 40%, and Tier 3: 25%
By Designation: C-Level Executives: 40%, Directors: 35%, and Others*:25%
By Region: North America: 20%, Europe: 30%, Asia Pacific: 35%, Middle East & Africa: 10%, and South America: 5%
*Others include sales managers, marketing managers, and product managers.
The global industrial floor coating market comprises major manufacturers, such as PPG Industries, Inc. (US), AkzoNobel N.V. (The Netherlands), The Sherwin-Williams Company (US), BASF SE (Germany), and RPM International Inc. (US).
Research Coverage
The market study covers the industrial floor coating market across various segments. It aims at estimating the market size and the growth potential of this market across different segments based on resin type, flooring material, component type, technology, end-use sector, and region. The study also includes an in-depth competitive analysis of key players in the market, along with their company profiles, key observations related to their products and business offerings, recent developments undertaken by them, and key growth strategies adopted by them to enhance their position in the industrial floor coating market.
Key Benefits of Buying the Report
The report is projected to help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers of the overall industrial floor coating market and its segments and sub-segments. This report is projected to help stakeholders understand the competitive landscape of the market and gain insights to improve the position of their businesses and plan suitable go-to-market strategies. The report also aims at helping stakeholders understand the pulse of the market and provides them with information on the key market drivers, challenges, and opportunities.
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