text:
Why Kylie Jenner Lost Followers?
In a surprising turn of events, social media sensation Kylie Jenner recently experienced a significant drop in her follower count across various platforms. The reality TV star and business mogul, known for her massive online presence, saw a decline in her fan base, leaving many wondering what could have caused this unexpected setback.
The decline in Kylie Jenner’s followers can be attributed to several factors. Firstly, controversies surrounding her personal life and business ventures may have played a role. Jenner has faced criticism for her extravagant lifestyle and perceived lack of authenticity, which may have led some followers to question their loyalty.
Additionally, changes in social media algorithms and the rise of new influencers could have contributed to the decline. As platforms evolve and user preferences shift, it is not uncommon for once-popular figures to lose followers as audiences seek fresh content and personalities.
Furthermore, the recent surge in social justice movements and calls for accountability may have impacted Jenner’s follower count. As society becomes more conscious of issues such as racial inequality and ethical business practices, influencers are increasingly scrutinized for their actions and associations. Any missteps or perceived insensitivity can result in a loss of followers.
Q: What are social media algorithms?
A: Social media algorithms are complex formulas used platforms like Instagram, Twitter, and Facebook to determine the content that users see on their feeds. These algorithms take into account factors such as user engagement, relevance, and timeliness to curate personalized content for each individual.
Q: Who are influencers?
A: Influencers are individuals who have gained a significant following on social media platforms due to their expertise, charisma, or unique content. They often collaborate with brands and promote products or services to their followers, leveraging their influence to shape consumer behavior.
Q: How do social justice movements impact influencers?
A: Social justice movements bring attention to issues of inequality, discrimination, and ethical concerns. Influencers are increasingly held accountable for their actions, associations, and statements. Failure to align with the values and expectations of their audience can result in a loss of followers and damage to their personal brand.
In conclusion, the decline in Kylie Jenner’s followers can be attributed to a combination of controversies, evolving social media dynamics, and increased scrutiny on influencers. While it remains to be seen how this setback will affect her online presence and business ventures, it serves as a reminder that even the most influential figures are not immune to the ever-changing landscape of social media.


text:
Adora Cruises Kicks Off Worldwide Staffing Marketing campaign
To strengthen crew numbers for each its present vessels plus its inaugural 135,500-ton Chinese language-made cruise ship, Adora Cruises has simply revealed plans to rent 1000’s of recent staff.
Staffing Up Adora’s Cruising Fleet
Adora Cruises has introduced its intention to work with home and worldwide staffing companies so as to add extra workers, from catering workers all of the as much as key administration positions—and the whole lot in between.
The objective of those staffing collaborations is to convey on about 3,000 new seafarers to spice up crew presence all through the corporate’s burgeoning fleet.
New workers and seafarers are wanted for Adora’s current vessels, in addition to for the cruise line’s first-of-its-kind Chinese language-built cruise ship, which is popping out of Shanghai’s Waigaoqiao shipyard. The brand new ship is scheduled to debut someday towards the tip of 2023.
Adora Cruises’ Augmented Workforce
Adora Cruises’ is trying to rent for a number of areas equivalent to maritime operations, lodge administration, meals service, housekeeping, advertising and marketing, leisure, shore excursions, human assets, and extra.
Moreover, the brand new hiring scheme will attempt to convey on skilled senior directors to run and supervise numerous departments onboard the corporate’s vessels.
The cruise line additionally plans to determine homegrown Chinese language expertise by recruiting latest, certified Chinese language graduates, and providing them complete coaching to develop their management abilities.
By working with high staffing companies, Adora Cruises goals to rent each domestically and to draw succesful worldwide expertise, which ought to in flip bolster the corporate’s place within the Asian cruise-based vacation market.
China’s First-Ever Domestically Constructed Cruise Ship
Adora Cruises can be gearing up for the launch of its first 135,500 GT cruise ship, tailor-made particularly for the Chinese language market.
A second Vista-Class vessel is already below development on the Shanghai Waigaoqiao shipyard. This bigger, 142,000-ton vessel is scheduled to start operations in 2024.
The corporate’s yet-to-be-named inaugural vessel has the dignity of being the primary massive cruise ship to be constructed solely in mainland China.
The boat, which was first floated in December 2021, got here into being by a CSSC Carnival (China State Shipbuilding Company) partnership with Italy’s Fincantieri shipbuilding agency. This inaugural Chinese language-built ship has been modeled on the Vista-class ships employed by Carnival Cruise Line.
This new fleet entry will include some spectacular options as effectively. Carnival has teamed up with Mahua FunAge, China’s high comedy manufacturing firm, to convey the first-ever reside comedy theater to a Chinese language cruise ship.
Moreover, Adora Cruises is working with Shanghai Telecom to construct the primary 5G-enabled cruise ship. The brand new vessel will even boast the largest duty-free retail area afloat the water right now, with a various array of designer manufacturers and items for the ship’s passengers to peruse and purchase.

domain: news


text:
The Global Franchise Market- TGFM was recently named the MEA’s “Franchising Event of the Year 2020”. This recognition as the best event across Middle East and Africa region comes from the renowned business magazine, which is now entering its 4th year of MEA Business Awards.
The Global Franchise Market (TGFM) is the leading franchising event in the Middle East and a dedicated platform for franchisors/brands to connect with investors and franchisees seeking developments within MENA region.
The participants are all judged entirely on their merit, thus ensuring only the most deserving are acknowledged. The criteria for this include business performance, longevity, business growth and any significant innovations or feedback.
This title is proof of the high position TGFM holds in the region, given the tremendous impact it has on franchising businesses, and its ability to deliver ROI to its participants. Also, TGFM is specifically designed and structured to help brands looking for development opportunities to connect with investors and franchisees and expand their reach within the region.
The event plays a crucial role for homegrown brands to expand their footprint globally. Besides, it is also the go-to event to be featured, find new markets and meet new investors for all regional brands.
TGFM enters its 5th year, with an entire ecosystem that serves the franchise community’s interests. For instance, the TGFM served its audience through numerous channels like Tuesday Webinars, the Franchise Business Hub, the trade exhibition and ‘The Franchise Talk’. The Franchise Talk aims to connect, inform, inspire, and educate investors, franchisees, and future start-ups and entrepreneurs.
Moreover, ‘The Franchise Talk’ has successfully reached more than 7,000 engaged readers in less than six months. All these interconnected tools reinforce TGFM’s position as the most prominent franchising event in the MEA region.
TGFM’s next event is scheduled to be held on 15-16 November 2021, DWTC, Dubai.
For more information Click here.
Source: The Global Franchise Market
Get to know who are the industry key players, visit our Interview of the Week page.
To stay updated, visit our Franchise News section.
To learn more, visit our Franchising Tips section.


text:
While consumers anticipate the latest food trends in the new year; how food is packaged and presented is important as well. Consumer Packaged Goods (CPG) trends for 2019 will help shape food shopping habits, purchases and consumption. From transparent packaging to seaweed delivery systems, food packaging gives consumers gifts in 2019 with ever-evolving new technologies, innovations and products.
Shoppers are exploring new packaging alternatives like edible fruit straws or the simple return to more familiar packaging options like glass and transparent containers. While consumers may not always consider the "how" of food packaging, 2019 looks to be a year when packaging is a focus. As CPG moves into 2019, innovation and practicality will work together to create packaging that is more appealing, functional and sustainable.
In 2019, a continued transparency in food packaging is seen as trending again. Going beyond just the listed ingredients on the label, consumers also want to see the physical product before purchase. Yogurt maker Yoplait took the yogurt market by storm with its Oui glass yogurt containers showcasing their product in a return to simple glass containers. That trend toward clear glass, plastic containers or transparent window packaging will be big in 2019's CPG.
Continuing a focus on transparency, another CPG trend carrying over from 2018 to 2019 is a label-driven focus on sustainability and food path tracking. Consumers aren't just looking at labels for transparency in nutritional information; they want to see the path of products from start to finish as well. They also want food packaging to go beyond simple recycling; sustainability and the option to reuse or recycle food packaging ties into trying to reduce landfills. A 2015 EPA study reported 37% of landfills are made up of discarded packaging materials. In 2019, consumers want packaging materials that reflect a brand's environmental commitment whether that comes from sustainability, reuse, recycling or innovative materials.
Brands wanting to better connect with consumers in 2019 will expand label information, bar codes and innovative package messaging. The connection to media makes packaging a great way for brands to connect beyond just the purchase point. Brands will tell their story through packaging from food origin points to connections with specific consumers. Recent Braille stickers on Kellogg's Rice Krispies treats brought a lunchroom favorite parent notes to blind or low-sighted children. Innovative package messaging took a new approach with fast food chain Popeye's Louisiana Kitchen creating "Emotional Support Chicken" packaging for their fried chicken in the Philadelphia airport.
Flexible packaging will also be a 2019 CPG trend with the market expected to be at nearly $100 billion. By using packaging like pouches in new ways for unexpected packaging options; brands find products are easier to store, display, reuse, recycle or that take less of valuable shelf space. Sustainability in flexible packaging is also a potential 2019 trend with consumers seeking food package options that won't end up in landfills. 2019's flexible packaging options will need to include ways to address consumer's lifestyle needs. From baby and kid pouches holding applesauce and juices to resealable or portable package options, freshness, portability and an ease-of-use will be important daily considerations. Innovation in flexible packaging went seaweed-tech in 2018 with portable Ooho water pouches that are billed as "water you can eat". First used as a 100% natural alternative to plastic bottles, 2019 trends will continue a focus on similar degradable materials as edible and well-suited for flexible consumer package liquids like juices, sauces, condiments or sports drinks.
Innovation in CPG in 2018 brought water pouches made from seaweed and other food products with basically no packaging remaining after consumption. Loliware and Herald Plastic's edible straws took food-based products like seaweed, sugar, water and corn starch and turned them into edible straws. The straws answered one of 2018's issues (plastic straws) but they will be the more sustainable disposable products of 2019 and the future. Loliware Edible Tech (LET) products are described as the "first certified edible bioplastic". Evoware Seaweed-based packaging uses similar techniques to create halal, safety guarantee certified zero-waste, 100% biodegradable products that dissolve in warm water. Not only are the Evoware products safe to eat, they are also brand-customizable making them a great option for 2019's CPG trend-seeking brands.
As consumers seek out food packaging trends and companies search for 2019's CPG innovations, they are looking for the equivalent of trending avocado toast. In the case of packaging, they also want to unwrap that toast and avocado from new CPG options that are transparent, innovative, sustainable or reusable. The interest in more sustainable CPG even goes home with zero waste produce bags, reusable lunch bags and bee's wax reusable food wraps. Finding, creating and using the next CPG trend can be a tall order for brands and companies. However, it is a 2019 resolution that will ultimately sell more, save more environment and attract new consumers looking to do the same with their foods, products and packaging.


text:
Unprecedented Growth and Record-Breaking Performance
NVIDIA, the titan of accelerated computing, has once again surpassed expectations across the board, announcing financial triumphs that underline its pivotal role in the tech industry. For the fourth quarter of fiscal year 2024, NVIDIA reported a staggering quarterly revenue of $22.1 billion, marking a 22% increase from the previous quarter and an astonishing 265% growth from the previous year¹. The company also posted adjusted earnings per share of $5.16 versus an expected $4.64 per share. This performance is not just a testament to NVIDIA’s dominance but also to the flourishing demand for accelerated computing and generative AI technologies.
The Data Center Dynamo
At the heart of NVIDIA’s success is its Data Center segment, which alone generated $18.4 billion in the fourth quarter, showcasing a growth of 27% from Q3 and a monumental 409% from the year prior. This surge is attributed to a diversified demand from large cloud-service providers, enterprises, and various industries, emphasizing NVIDIA’s unmatched capabilities in data processing, AI training, and inference.
The NVIDIA RTX Revolution
NVIDIA RTX, a cornerstone for gamers and creators alike, has emerged as a massive platform, boasting a community of 100 million. With less than six years since its introduction, RTX’s integration of generative AI has not only revolutionized gaming experiences but also set new standards for creative endeavors. Jensen Huang, CEO and founder of NVIDIA said, “The year ahead will bring major new product cycles with exceptional innovations to help propel our industry forward. Come join us at next month’s GTC Conference, where we and our rich ecosystem will reveal the exciting future ahead”.
Strategic Achievements and Partnerships
NVIDIA’s recent collaborations, such as with Google and Amazon Web Services, and its initiatives in AI-driven drug discovery and precision medicine, highlight its strategic vision. The launch of GeForce RTX 40 SUPER Series GPUs and advancements in professional visualization and automotive sectors further illustrate NVIDIA’s commitment to innovation across the board.
Looking Ahead: 2025 and Beyond
NVIDIA’s stock price has skyrocketed more than 200% over the last 12 months, and recently overtook Alphabet and Amazon as the third most valuable public company in the world. As NVIDIA looks to the future, it projects a Q1 revenue of $24.0 billion for fiscal 2025, with expectations of maintaining high gross margins and operational efficiency. This forward-looking perspective, coupled with planned innovations and the anticipation of new product cycles, signifies NVIDIA’s unrelenting drive to propel the industry forward.
As NVIDIA continues to lead with accelerated computing and generative AI at the tipping point, industry watchers speculate on the potential for even greater growth. The anticipation of major new product cycles and the company’s strategic focus on AI infrastructure, gaming, professional visualization, and automotive innovation suggest a trajectory that could redefine technology’s role across industries. The question on everyone’s mind is not if, but how NVIDIA will continue to shape the future of computing, AI, and beyond.
QQQT: Canada’s First NASDAQ-100® Technology-Focused ETF
Looking for ways to take advantage of a pure tech play within the NASDAQ-100®?
QQQT is Canada’s first NASDAQ-100® technology-focused ETF designed to provide investors with exposure to only the “technology company” elements of the NASDAQ-100® Index®.
The ETF comes in three versions: Canadian dollar hedged Units (QQQT), Canadian dollar unhedged units (QQQT.B) and U.S. dollar unhedged units (QQQT.U).
To learn more about the Evolve NASDAQ Technology Index Fund, please click here: https://evolveetfs.com/qqqt/.
Similarly, QQQY is Evolve’s NASDAQ Technology Enhanced Yield Index Fund. QQQY offers investors an enhanced yield from exposure to a portfolio of 41 companies classified as “technology” on the Nasdaq 100 Index® by utilizing an active covered call strategy on up to 50% of the portfolio. Covered call options have the potential to provide extra income and help hedge long stock positions.
To learn more about the Evolve NASDAQ Technology Enhanced Yield Index Fund, please click here: https://evolveetfs.com/qqqy/.


text:
Kourtney Kardashian stepped into the month of April in a beige wide-legged jumpsuit with a droopy, plunging neckline. Two weeks later, she experimented with a border-line farmer-style denim jumpsuit. But at the Redbook Kardashian cover launch, Kourtney, who arrived with her son Mason, finally did justice to jumpsuits by rocking a hot red piece! Continue reading
Tag Archives: Kourtney Kardashian
Jumpsuit of the Day: Kourtney Kardashian in L.A.
Khloe and Kim were both spotted wearing jumpsuits in L.A. last week, and on Friday, Kourtney followed suit in a denim piece. She wore this garment on a visit to the Dash boutique in Calabasas, L.A. Continue reading
Jumpsuit of the Day: Kourtney Kardashian in Los Angeles
On Thursday night, Kim and Kourtney Kardashian were interviewed in Los Angeles by NBC’s Jay Leno. Afterwards, they joined Kourtney’s husband Scott Disick for dinner at Mr. Chow in Beverley Hills, and later dropped by a Tom Ford boutique. Kourtney attended all three events wearing this gold, wide-legged jumpsuits. Fashion critics have been quite harsh on this outfit choice, however, with a bit of alteration, Kourtney could have pulled off an exquisite and glamorous look! The wide-legged and high-waisted bottom half of the outfit is perfect; no editing required. But when it’s thrown together with a droopy low neck and cut-out cuffed sleeves, Kourtney’s look goes from being eye candy to uncomely. Continue reading


text:
60 jobs to be created as work begins on £10m Northumberland hospitality and retail scheme
A raft of new jobs are set to be created as work starts on a new multi-million pound hospitality and retail scheme in Northumberland.
Esh Construction has begun work on the transformation of a former nuclear bunker on the outskirts of Hexham into a new retail and hotel destination.
Led by Newcastle-based Union Property Development Ltd, the project - which is set to create around 60 new jobs - will deliver a 69-room Travelodge, a Lidl food store and a 250-space car park on the vacant 5.5-acre site.
The former nuclear bunker site was purchased in October 2018 by Union Property. Plans for the new retail units were given the green light by Northumberland County Council in late 2019 and include outline consent for two further retail units.
Gary Dobson, divisional director at Esh Construction, commented: “Esh is delighted to be working with Union Property to deliver the transformation of this site which has been unoccupied for decades.
“The development of vacant sites like Hexham Bunker – which will boost visitor spending and create new jobs – is pivotal in the region’s economic recovery from the pandemic.
“We’re proud to be playing our part as a local contractor through the responsible procurement of local subcontractors and supply for this development.”
Peter Carruthers, consultant project director at Union Property, added: “Despite the economic uncertainty brought about by Covid-19, we are as committed as ever to delivering our development pipeline and are delighted to have now commenced work on site.
“We have worked closely with a variety of local stakeholders to design a scheme which will reflect the character of Hexham. This represents a very significant economic investment in the town and will bring a long-term vacant site back into use.”
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular North East morning email for free.


text:
The Economic Growth Recovery Plan(EGRP) of the Federal Government may have got the desired boost as GBfoods, a culinary product manufacturing firm, in partnership with the Central Bank of Nigeria (CBN), Kebbi State Government and the Emirate of Yauri have built a $52.6 million (N20 billion) tomato processing factory in Kebbi State.
Commenting on the project, the CEO of GBfoods Africa, Mr. Vicenç Bosch, commended the Federal Government for encouraging and supporting GBfoods to engage with CBN, Ministries, Departments, and Agencies (MDAs) to ensure the successful completion of the factory.
He also expressed his gratitude to the Federal Ministry of Industry Trade and Investments, Federal Ministry of Agriculture & Rural Development, Kebbi State Government, and the Ngaski Local Government Authorities for their tremendous support towards the actualisation of the project…
More details through:
Leave a Reply.
News Archive from before July 2018


text:
Following a stellar week for Bitcoin, Craigslist has decided to officially allow cryptocurrency payments to be made for goods and services offered through the site. Previously, users were warned to be wary of potential scams when accepting digital currency from buyers but were not outright prevented from doing so.
Now, there is a checkbox to allow ad listings to specifically note that cryptocurrency payments are acceptable. Search filters also include the ability to sort by listings that specifically allow cryptocurrency to be used for purchase.
When dealing with cryptocurrencies, it should be noted that transactions are not able to be revoked once they are confirmed on their respective blockchains. It is inevitable that novice users will be scammed by fraudulent sellers, unaware of how to properly use their digital funds. Even when meeting somebody in person, it is still possible to be scammed if a buyer performs what is known as double spending.
A transaction must be confirmed by miners or peers on a network for it to be processed and put into a blockchain. If a person with malicious intent sends the same set of currency to two different wallets, only one of them will end up receiving the currency. Although being on the receiving end of a double spend action is unlikely, it is certainly something to be wary of.
The largest advantage here goes to sellers looking to accept a new form of payment. There is very little risk involved once a transaction is confirmed by several peers and no chance of counterfeit cryptocurrency being passed off as genuine when using a well-established blockchain platform.


text:
LBM Leaders: If You Can Buy It, Buy It!
If you can buy it, buy it.
That’s the distilled advice given by a panel of award winning retailers who took on a variety of issues during the recent NHPA Top Guns Awards event in Las Vegas.
Supply chain challenges and labor shortages were top topics for the retailers, who represent a long history of business success through the Top Guns program. The 2021 class, who assembled here during the National Hardware Show, also represent a wide variety of businesses:
• Mike Brackin, president of HomCo Lumber & Hardware of Flagstaff, Ariz.;
• Ian McNaughton, owner of Gravenhurst Home Hardware, in St. Jacobs, Ontario; and
• Greg Templeman, president of Sunpro, a pro-focused dealer with 16 locations in Utah and Idaho.
Each explained that they were feeling new types of business pressure from supply chain disruptions.
“Well, if my father knew how much our value of our inventory was right now, he's turning over in his grave a few times,” said Brackin of HomCo Lumber.
Brackin added that his team includes specialists who “are constantly looking for product” to fill gaps. “Not just a week supply or two week supply, but maybe even a six-months supply,” he said. “Luckily, we have the space to handle it.”
High performance during a supply chain crunch requires effort to stay ahead of the curve, he added, and it can also involve “getting creative on merchandising. “Patience is key during these times.”
He added that everyone is in the same boat.
McNaughton, the Canadian representative on the panel, explained his playbook for the supply chain crunch: “We’re just gobbling up everything we can get our hands on,” he said.
Many LBM dealers are double buying said Templeman. In other words, they’re buying in anticipation of a need sometime in the future, with the added hope that the second order may arrive at the yard before the first.
“It's certainly a crisis for us,” he said. “I've got great managers that are doing a great job managing through it, but when it's there and we know that it's an item that will turn quickly in our operation, we buy it.”
Hiring and the labor shortage was another major topic among the panelists. And while all agreed that a labor shortage is taking a toll on the entire industry, the smaller businesses reported that their stores have not suffered from staffing shortages.
Brackin explained, “We’re always looking, and always looking to hire good people.” The business conducts group interviews once a month, whether HomCo has openings or not. If someone stands out, they’ll make an offer. “After 60 days of training we usually have spot for them," he said.
That was the case with the store’s current manager, Christy Engle.
Both Brackin and McNaughton said, they know that others in the industry are hurting for new hires. But both say that it’s common for customers to apply for jobs at their stores. A sign at the Home Hardware store reads: “We are not in the hardware business, we are in the people business.” And that culture, McNaughton said, helps attract job seekers.
Templeman described a different situation at the pro-oriented, LBM dealer Sunpro. “We are having a labor crisis.” The company has agreements with 5 different staffing agencies in its effort to fill positions. He described one tactic as going door to door and distributing handouts with job opportunities. “It is really, really hard night now in Utah and Idaho.”
Templeman added the company, a 2019 Hardware All Star honoree, will not lower its standards, or “compromise its core values in hiring.”


text:
Bentley CEO reveals they're moving to electric cars Get pensions news and advice plus latest money alerts for FREE now SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Aiden McClean, founder of UFODRIVE, the world’s first electric car rental company told Express.co.uk that there is a perception that electric cars are more expensive than their ICE counterparts. However, with rising fuel prices and the falling price of electric car technology, he argues that this is fast becoming untrue. On average electric cars are 10 percent more expensive to buy than traditional ICE vehicles. However, they are much cheaper to run. Related articles Britons could lose hot water over gas strike Cost of living tips: Save … [Read more...] about Electric cars: Fuel price chaos ‘eroding loyalty’ to ICE vehicles – Brits tipped to switch
New state pensions
Supermarket chain Iceland has announced that customers aged over 60 will now receive a 10% discount on groceries every Tuesday. There will be no minimum spend for shoppers to get the reduced cost, but senior customers will need to provide proof of their age. This could include a driving licence or senior bus or rail card. The discount will be available in-store at both Iceland and The Food Warehouse. Iceland claims to be the first UK supermarket to introduce such a discount after Age UK research found that three-quarters of older people were worried about the current cost of living. It’s no surprise that pensioners and retirees are fearful about being able to afford groceries considering the current level of inflation, fuel price hikes and energy crisis. Iceland is also looking at rolling out £30 vouchers to those receiving a state pension after doing so at a regional level at Christmas. Richard Walker, managing director at Iceland, said: “We have a long history of … [Read more...] about Iceland is giving over-60s a 10% discount on food shops every Tuesday
Evening briefing: Today's essential headlines Nato expansion | Turkey vetoed a Nato decision on whether to accept Finland and Sweden into the military alliance. At a "classified" meeting of Nato ambassadors in Brussels, the Turkish representative stopped a vote on their applications, which were officially submitted earlier in the day, according to sources with knowledge of the discussion. Read what happens now and more on Ukraine in the Around the World section. Rape arrest | Sir Keir Starmer backs calls for Tory MP to be named Julian Assange | He should not be extradited to US, Europe tells Patel Pavement parking | Scrap it or net zero drive will fail, charity warns 'Blood rain' | Red Saharan dust cloud to mix with thunderstorms Watch | Morrison channels inner Johnson as he rugby tackles child The big story: Large mortgage warning amid inflation Homeowners have already felt the impact of inflation surging to a 40-year high on their energy … [Read more...] about Wednesday evening UK news briefing: Inflation nightmare just beginning
Published 3 days ago comments Comments Share close Share page Copy link About sharing Iceland is to launch a new discount for shoppers who are over 60, as soaring prices hit household budgets. The supermarket chain said it would offer over-60s 10% off every Tuesday to support its older customers through the cost of living crisis. The move comes as supermarkets battle for customers, with prices rising at their fastest rate for 40 years. Morrisons and Asda, which have been losing shoppers to discounters Aldi and Lidl, have already cut prices. Grocery prices were 5.9% higher in April than a year ago, according to research company Kantar . That figure was the biggest increase since December 2011, with supply chain issues, increased raw material costs and the war in Ukraine all contributing to rising food prices. Why are prices rising so quickly? Five … [Read more...] about Iceland to launch over-60s discount as cost of living soars
Another Downing Street U-turn is coming and Sir Keir Starmer is leading the charge. Never mind that this impending volte face is socialist and anti-business. And who cares if it hits those with private pensions? Rishi Sunak, the Chancellor, appears to be in favour of this counterproductive policy shift and the matter seems to have been settled. I’m talking, of course, about the threatened windfall tax on profits generated by oil and gas companies. Whenever Boris Johnson claims he is reluctant to act on an issue, whether lockdowns or tax rises, just know that in the end he will buckle. His is a Government that follows opinion polls rather than trying to lead them. The evidence for his vacillation is that on 3 May he told the Good Morning Britain programme: “If you put a windfall tax on the energy companies what that means is that you discourage them from making the investments that we want to see that in the end will keep energy prices lower for everybody.” Nine days later, he told … [Read more...] about When will the Tories give up socialist economics?
Finland, Sweden strive to reassure reluctant Erdogan on NATO bids Russia publishes full list of 963 Americans banned from entering Diplomacy only way to end war, Zelenskyy says Russia halts gas exports to Finland UN refugee agency says over 6.4 million people have fled Ukraine This article was last updated at 23:42 UTC/GMT This live updates article has been closed. For the latest news on the war in Ukraine, please click here. Austria: Protesters occupy alleged Russian oligarch villa Activists near Salzburg, Austria, occupied a lakeside villa thought to belong to a Russian businessman. The property is located in the town of Unterburgau, near the city of Salzburg. While protesters claimed 40 people were calling for the expropriation of the property, police said only 10 people were involved. Austria's land register and Finance Ministry register said the villa does not belong to an oligarch subject to EU sanctions but instead to a company associated with one … [Read more...] about Ukraine: Diplomacy only way to end war, Zelenskyy says — as it happened


text:
- Toyota plans to set up a vehicle manufacturing plant in Kenya
- Bolt plans to launch the Bajaj Qute car to the Kenyan market
- How Africa is set to blow past the rest of the world on electric motorcycles
- Inchcape Launches Changan Auto In Kenya
- Autoexpo Kenya to be held in Nairobi in 2024
- Russian Lada cars will be manufactured in Ethiopia for the African market
- Pakistani carmaker MCML has begun exporting SUVs to Africa
- Uber launches an electric bike fleet in Kenya, a first in Africa
- USA & Kenya Govt Signs Ksh.8.7 billion deal to power electric buses
- Iran strengthens Uganda-Kenya collaboration in the automotive industry
An Agreement to Increase Automotive Investment in Africa has been signed by AAAM and Afreximbank.
A Memorandum of Understanding (MoU) was signed by the African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) for the financing and promotion of Africa's automotive industry.
In early February, Afreximbank President Benedict Oramah and AAAM President Mike Whitfield signed a Memorandum of Understanding, paving the groundwork for a collaboration. Its aim is to improve regional automotive supply chains and financing, as well as promote the creation of enabling policies, technical assistance, and capacity-building initiatives.
“The strategic partnership with AAAM will promote the implementation of the Bank's automotive programme, which aims to catalyse the growth of the African automotive industry as the continent begins trading under the African Continental Free Trade Area (AfCFTA),” Oramah said.
Afreximbank and AAAM will collaborate to promote the growth of regional value chains under the terms of the MoU. It places a special emphasis on value-added manufacturing, which is accomplished by alliances between global OEMs, manufacturers, and local partners.
In order to facilitate the manufacture of automotive components for supply to hub assemblers, the two organisations intend to conduct detailed studies to map future regional automotive value chains on the continent in regional economic clusters.
They will cooperate to provide funding to industry players around the entire automotive value chain in order to aid the emergence of the African automotive industry. Lines of credit, direct funding, project financing, supply chain financing, guarantees, and equity financing are some of the possible interventions.
They will also work with the African Union Commission and the AfCFTA Secretariat to establish coherent national, regional, and continental automotive policies and strategies, according to the MoU.
African countries are increasingly focusing their attention on supporting the emergence of their automotive industries, thanks to an integrated market under the AfCFTA, plentiful and cheap labour, natural resource resources, and a rising middle class.
The partnership between Afreximbank and AAAM would help African countries achieve their goals of refocusing their economies on industrialization and export manufacturing, as well as promoting the development of regional value chains.
“The signing of the MoU with Afreximbank is an exciting milestone for the development of the automotive industry in Africa. At the 2020 digital Africa Auto Forum, the lack of affordable financing available for the automotive sector was identified as one of the key inhibiters for the growth and development of the automotive industry in Africa and having Afreximbank on board is a game changer and a hugely positive development,” commented David Coffey, CEO of AAAM.
“It is wonderful to have a partner that is as committed as the AAAM to driving the development and growth of our sector on the continent; this collaboration will ensure genuine progress for our industry in Africa,” added Coffey.
Working with the African Union and the African Organization for Standardization to harmonise automotive standards across the continent is another region covered by the MoU, as is creating an automotive-focused training curriculum for both the public and private sectors.
Posted on : 27 Feb,2024 | News Source : ABNews
Automart is Africa's leading directory and market news website for the automotive spare parts, automobiles and auto accessories industry | Kenya | Tanzania | Ethiopia
Exhibitions In Africa
- GREATER MILWAUKEE AUTO SHOW 2024
Wisconsin Center, Milwaukee, WI, USA
- TIRES & RUBBER 2024
Expocentr' Krasnaya Presnya Fairgrounds, Moscow, Russia
- 25th Autoexpo Kenya 2024
KICC, Nairobi, Kenya
- WBE - WORLD BATTERY INDUSTRY EXPO 2024
China Import and Export Fair Pazhou Complex, Guangzhou, China


text:
Another big Amazon facility planned for New Jersey
Plans to build a new Amazon facility in Galloway Township were proposed at a municipal meeting, along with concerns from residents.
The facility would be one of the giant online retailer’s “last mile delivery stations” meaning it would receive packages from larger Amazon warehouses for delivery within about a 45-minute radius.
According to the Press of Atlantic City, the presentation was made to the Planning Board by Amazon and Bluewater Property Group for a 181,000 square foot facility in Galloway that would be open 24 hours a day.
Amazon central fulfillment centers are typically are about five times that size. It was estimated that the new building would take 8 months to a year to construct.
Amazon has been expanding in the Garden State with new “last mile” centers either opened or announced in the past few months in Edison, Lawrence, and Carlstadt.
The board was told that Amazon will employ 150 to 200 people full time and additional staff part time, paying a minimum wage of $15 per hour and providing benefits packages to all employees.
The site will also hire contract drivers, employing another 300 to 500 people. Amazon says that they have created 49,000 jobs in New Jersey since 2010 alone, and it has invested $14.5 billion in the state including infrastructure and compensation.
Residents opposed to the idea also spoke at the meeting, raising concerns about increased traffic on an already hazardous road. A traffic engineer hired by Amazon said that traffic impacts would be minimal because it will not be a full-sized facility and that Amazon would be widening and re-paving the road in question.
Opinions expressed in the post above are those of New Jersey 101.5 talk show host Bill Doyle only.
You can now listen to Deminski & Doyle — On Demand! Hear New Jersey’s favorite afternoon radio show any day of the week. Download the Deminski & Doyle show wherever you get podcasts, on our free app, or listen right now:


text:
Last week, we were worried that a non-developer device might end up beating the Verizon Galaxy Nexus, Sprint Galaxy Nexus and Sprint Nexus S 4G to Android 4.1 Jelly Bean and unfortunately, it looks that’s now the case as Asus has apparently started to roll out Android 4.1 Jelly Bean for one of its tablets.
Over the weekend, Asus Transformer Pad 300 owners began seeing the Android 4.1 Jelly Bean update. It’s unclear how widespread it is but that doesn’t really matter at this point. The point is, it has begun to roll out in one way or another and that means that it has beaten out Nexus devices, including the carrier-specific Galaxy Nexus to Android 4.1 Jelly Bean.
And while that’s fantastic news for Transformer Pad 300 owners and Asus, a company that has taken pride in being fast to major Android updates, it’s embarrassing news for Google, Verizon, Sprint, and really, the Nexus brand of devices.
One of the reasons that Nexus owners bought a Nexus-branded device was because they believed the Nexus-branding meant that the device would be one of the first devices to receive the latest versions of Android. And while the Nexus One and Nexus S adhered to that, the Galaxy Nexus has completely wiped out that notion.
The first sign of trouble emerged when Verizon took five months to roll out its first update to the Galaxy Nexus, an update that was sorely needed due to major bugs plaguing the device.
And then came the Android 4.1 roll out which first came to the Galaxy Nexus HSPA+, an unlocked device, the Motorola Xoom (which we consider a Nexus device since it’s a developer device), the Nexus S, and now the Asus Transformer Pad 300.
We knew that something was amiss when the Nexus S 4G, a device on Sprint’s network, was left out of the Android 4.1 Jelly Bean roll out. At that point, it was clear that American carriers would likely be getting the updates out to owners in a sluggish fashion.
However, we didn’t think that it would be so slow, that a non-Nexus device would beat them to the punch. We doubt owners of these devices did either considering the specifications on board the Galaxy Nexus, which was, of course, the first device to arrive with Android 4.0 Ice Cream Sandwich.
In fact, we know they didn’t. We have received dozens of emails from frustrated Verizon Galaxy Nexus owners who have displayed frustration with the situation. Many came from other carriers and are upset with Verizon while others have claimed that this will be their last Android smartphone.
And it’s the silence from Google, Sprint and Verizon, paired with the lack of an update, that will surely make many current Galaxy Nexus owners pause when buying a Nexus smartphone on a carrier and really, an Android phone on a carrier in general.
Consumers once bought a Nexus device knowing that it would be kept up to date from a software point of view, but now, it appears that buying a Nexus device is as big of a gamble as regular old Android smartphones.
And that’s frustrating to say the least.
As an Amazon Associate I earn from qualifying purchases.


text:
Cascade Pale is celebrating 190 years of production with a number of commemorative events including special labels, packaging and lighting up the Cascade Brewery in its signature green.
The Cascade story began in 1824 when pioneering industrialist Peter Degraves used a 2000-acre grant to establish a sawmill on the lower slopes of Kunanyi/Mount Wellington in South Hobart. But, eight years and a short stint in gaol later, Degraves turned the site into a brewery and Cascade was born.
Brewery Manager Jesse Cartwright said the local love that generations of Tasmanians have for Cascade and its Pale Ale is unparalleled. “Affectionately known simply as ‘Green’, ‘Pale’ or ‘Degraves Ale’ after its founder, Cascade Pale Ale has cemented itself into the history books as a Tasmanian icon,” he said.
“It was the first beer brewed at the site in 1832 and has been brewed on-site ever since – except for a three-month stretch in 1967 when production moved to Melbourne after the devastating Black Tuesday fires nearly destroyed the brewery.”
“While the style of the beer has changed with the times, it has always been brewed with the finest ingredients and is still brewed at full strength 5 per cent ABV.
Cascade Brewery is Australia’s oldest. The brewery and bar employ more than 80 people and help support hundreds of local businesses, standing as a unique example of Australia’s industrial heritage.
“Cascade has been enjoyed by generations of Tasmanians. This is because we use the freshest water from Kunanyi/Mount Wellington, the finest ingredients, and have an enduring commitment to quality,” Cartwright said.
Only 6000 limited-edition slabs will be made, and will be available through independent retailers in Tasmania.


text:
- 3 min read
India may force foreign handset makers to set up servers here to ensure data protection
The govt has already asked 21 companies, most of them Chinese, for protocols used by them by Aug 28 to ensure the security of mobile phones sold in India.
Officials in the electronics and IT ministry said while the issue of apps sweeping up excessive user data was worrying, the broader issue remained that of the security of information that could be going to third parties outside the country.
“There have been voices raised for the past several years that by virtue of servers being outside of India… data processing has become the new field (of commercial exploitation),” said an official.
The government has already asked 21 smartphone companies, most of them Chinese, for protocols used by them by August 28 to ensure the security of mobile phones sold in the country.
Chinese handset makers led by Xiaomi, Oppo, Vivo, Lenovo and Gionee account for more than half of India’s $10 billion smartphone market, with most of these companies having servers in China. Xiaomi has its servers in Singapore and the US.
Another official highlighted the twin issues that the government is trying to address through its directive to the smartphone companies.
The first is that the data being collected from users after their consent through apps is disproportional to what’s needed to enable such functions.
“Some entities are getting far more data, which is being used for commercial monetisation purposes, which is wrong and needs to be solved,” the person said. The second is that of data gathered without authorisation and used outside the country, he said.
The government’s directive on smartphones, coming amid heightened tension on the border with China, is part of a wider move to prevent any crippling cyberattacks that could be launched on the country’s telecom and power transmission sectors. Reports said India has also objected to Chinese firm Shanghai Fosun Pharmaceutical Group’s proposed $1.3 billion buyout of Gland Pharma. Besides that, India recently imposed antidumping duties on 93 Chinese products.
“If the government finds any malicious activity from the information provided by handset makers, it may give them time to ensure security, by setting up servers in India. The Indian government has rules for banking, financial services and even telecom, where user data has to stay in the country,” said Jaipal Singh, senior analyst at IDC India.
This though won’t be the first time that India has asked foreign companies to set up local servers.
The telecom department had in 2008 asked Canadian smartphone maker BlackBerry to shift some of its servers to India to address concerns of security agencies that wanted to monitor emails. The company eventually set up a server in Mumbai in 2012 to facilitate this.
The government’s latest move has come amid tension on the border with China and concern over growing imports of IT and telecom products from the neighbouring country on the grounds that this could potentially allow backdoor access to critical information.
A recent Confederation of Indian Industry study said that Chinese investment in India’s electronics and information technology products sector is worth nearly $22 billion.


text:
Table of Contents
WASHINGTON—Big technologies providers and their critics are ramping up lobbying attempts in Congress this 7 days as a crucial Senate panel usually takes up laws that seeks to blunt the market place ability of dominant tech platforms.
The antitrust legislation, set to be thought of by the Senate Judiciary Committee Thursday, would bar dominant on-line platforms these kinds of as
e-commerce website and
Google search engine from preferring their personal goods and expert services about other providers.
Supporters say the world-wide-web dominance by a handful of big providers helps prevent lesser know-how businesses from attaining marketplace share, stifling innovation. Massive engineering organizations counter that the proposed legislation would stop them from giving free or small-expense companies to customers and modest companies.
In an advertisement marketing campaign dubbed “Don’t Split What Is effective,” that is established to get started Wednesday, the Personal computer and Communications Business Affiliation will target the anti-tech initiatives, together with one sponsored by Sens. Amy Klobuchar (D., Minn.) and Chuck Grassley (R., Iowa). The sector group represents companies together with Amazon, Google,
Meta Platforms Inc.,
and other tech firms.
“Americans turned to tech products to get deliveries for their favored solutions, find directions to regional firms and to connect with liked ones,” CCIA says on a site dedicated to quashing the legislation. “These expenditures could make all these factors more durable, extra expensive, much less hassle-free and less secure.”
The sector advertisements will operate in Washington at initially and later in the dwelling states of the senators on the Judiciary Committee and elsewhere, according to consultants involved, who reported the trade team is well prepared to expend a number of million bucks on the campaign dependent on how extended the legislative fight goes on.
Dozens of smaller tech providers are urging the Senate panel to pass the invoice, including the startup accelerator Y Combinator,
Dominant technologies companies’ skill to give by themselves preferential procedure “prevents companies like us from competing on the merits,” the firms said in a letter to the Senate panel Tuesday.
They cited strategies, this sort of as steering people absent from competitors’ providers or utilizing nonpublic info to profit the platform’s individual providers, that “deprive shoppers of the progressive offerings a vivid sector would yield.”
“The portion of the private sector that is not Google, Apple,
Amazon is lastly starting up to—in the experience of probable retaliation—courageously say, ‘Enough is ample,’” said
Yelp’s senior vice president for public plan.
Lawmakers supporting the American Innovation and Selection On the net Act say they are responding to fears by equally the general public, enterprises and smaller sized world-wide-web firms that say tech powerhouses such as Google and Amazon are unfairly abusing their industry power to manage their dominance. They also say the legislation will not drive tech platforms to jettison well-liked companies as extended as they contend relatively.
A new group also released Tuesday to back again the Klobuchar-Grassley invoice as a commencing point in what it hopes will come to be a broader crackdown on the greatest tech firms. Referred to as the Tech Oversight Venture, its backers include things like organizations funded by
and Chris Hughes, a co-founder of Meta.
Outside the tech market, a coalition, dubbed Little Business enterprise Mounting, has been recruiting and coaching company entrepreneurs to force for the legislation in conferences with lawmakers and personnel, in accordance to Stacy Mitchell, who represents the coalition and is also co-director of the nonprofit Institute for Local Self-Reliance.
Tech companies are countering these initiatives on their own, normally via third-bash teams they fund.
Apple on Tuesday wrote to the committee stating the bill would location in jeopardy a common Iphone aspect necessitating apps to search for users’ consent to keep track of their world-wide-web things to do.
The proposed legislation lets such products and services if they are “narrowly tailored” and needed to meet targets which include features, security, or privateness, but Apple explained that bar would be tricky to meet up with.
Google’s chief lawful officer,
stated in a website article Tuesday that “the imprecise and sweeping provisions of these bills would split well-liked goods,” for occasion by proscribing the enterprise from exhibiting Google Maps directions in search effects.
Meta Platforms declined to remark. Amazon reported the costs would jeopardize its skill to allow other organizations provide on its market, and cited a letter from three these kinds of firms to other Amazon sellers that warned of the sellers turning into “collateral damage” of lawmakers’ initiatives.
The Connected Commerce Council, a nonprofit representing modest-business enterprise homeowners that also requires funding from Google and Amazon according to its web-site, has been making the circumstance that antitrust legislation focusing on Big Tech would damage tiny enterprises that use tech platforms’ ancillary services.
The legislation by Sens. Klobuchar and Grassley would make it illegal for an online platform to gain its possess solutions and products and services at the price of other corporations that count on the platform. Mr. Grassley is the major Republican on the Judiciary Committee and Ms. Klobuchar chairs the judiciary panel’s subcommittee on antitrust law.
The laws is being debated in the Judiciary Committee, which has jurisdiction above antitrust issues, privateness rules and many net challenges.
The Senate version of the monthly bill has 12 co-sponsors—six Republicans and 6 Democrats. A very similar invoice cleared the Dwelling Judiciary Committee in June along with other farther-achieving steps that would force tech platforms to divest ancillary corporations altogether.
Some Dwelling Democrats have criticized those actions, which include members from California, household to Google,
and Apple. Property Democratic leadership has not brought them up for a vote in that chamber.
The Senate committee also plans to take into consideration legislation that would produce new regulations governing how organizations these kinds of as Apple and Google work their application retailers, while a vote isn’t expected Thursday. The bill seeks in part to cut down the costs charged when buyers invest cash on other companies’ apps.
The Coalition for App Fairness, a team of corporations with well-known applications which include Spotify Technological know-how SA, Epic Game titles Inc.,
Match Team Inc.
and some others say the invoice would improve competitiveness in markets dominated by tech giants.
A variation of that bill was launched in the Household in August, but it has not sophisticated.
SHARE YOUR Thoughts
How do you feel federal regulation of major tech companies will transform in 2022? Join the dialogue down below.
Potential clients for the expenditures are unclear. Although quite a few lawmakers in both political functions consider that Google,
Amazon and Apple have developed much too significant and strong, they disagree about doable options.
Republican lawmakers normally oppose attempts by the government to impose new rules on U.S. organizations. Just one important player on antitrust issues,
Sen. Mike Lee
(R., Utah), has explained that present U.S. regulation now offers more than enough power to the Justice Department’s antitrust division to rein in organizations that have too a lot market ability.
The laws also faces incredible resistance from the tech industry’s highly effective lobbying groups.
In the earlier few several years, Google,
and Amazon have spent millions of dollars on lobbying in Washington to oppose initiatives in Congress to enact potent new field polices.
No unique providers spent much more on lobbying in Washington than Amazon and Facebook through the initial nine months of previous 12 months, in accordance to the most recent lobbying-disclosure figures. They every single invested about $15 million, according to community lobbying documents compiled by the nonpartisan Heart for Responsive Politics.
The field is also a important resource of marketing campaign donations to the leaders of each political functions. Employees of Google, Facebook, Amazon and Apple contributed a complete of $12 million to
2020 presidential marketing campaign, in accordance to a Wall Avenue Journal investigation of marketing campaign-spending knowledge. Along with
, personnel of the tech firms ended up the 5 major sources of donations to Mr. Biden’s marketing campaign.
Copyright ©2022 Dow Jones & Firm, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8


text:
The global tech battle is rapidly escalating as governments worldwide implement export control measures aimed at restricting the flow of microchip technologies with potential military applications. The Dutch government, aligning with the United States and Japan, recently announced an expanded export control regime to curb China’s military advancements. These developments coincide with the European Union’s endorsement of a new strategy to reduce economic dependence on China.
In retaliation, Beijing has imposed its own export control rule on critical minerals used in microchip manufacturing. This article delves into the details of these measures and their implications for the tech industry.
Dutch Government Implements Stricter Export Control Regime:
The Dutch government, led by Mark Rutte, unveiled new details of an extended export control regime targeting microchip technologies. The regulations, announced on Friday, aim to prevent the acceleration of China’s military build-up.
Europe’s largest tech firm, ASML, based in the Netherlands, will now be required to obtain export licenses for some advanced microchip printing machines destined for China starting in September.
Impact on ASML and Other Companies:
Under the expanded rules, ASML faces additional export restrictions beyond those announced in March. The ban now encompasses not only ASML’s lithography machines but also atomic layer deposition and epitaxy procedures, impacting another Dutch company, ASM. ASML, however, expressed minimal expectations of disruption, according to Reuters.
Chilling Effect on Sales to China:
The broader export control measures are expected to have a chilling effect on ASML’s ability to sell its equipment to China. However, experts suggest that ASML may redirect its sales to different customers globally, given the proliferation of chip initiatives worldwide. While these restrictions may redirect ASML’s sales, they are likely to impact China’s ambitions to develop its microchip capabilities and compete with Taiwan and the West.
China Counters with Export Control on Critical Minerals:
In response to the Dutch measures, China announced its own export control rule on two vital minerals used in microchip manufacturing: gallium and germanium.
These minerals are crucial for fiber optics, semiconductors, solar panels, and chipsets used in various devices, including computers, mobile phones, and 5G base stations. The export control measures will be effective from August 1.
Implications for China’s Microchip Ambitions:
China’s desire to enhance its microchip capabilities to rival Taiwan and the West faces a significant setback due to the collective impact of export control measures imposed by the Netherlands, the United States, and Japan.
Experts predict that the restrictions on critical minerals will hinder Beijing’s goal of indigenizing cutting-edge semiconductor fabrication, prompting a diversification of the global supply chain.
Reactions and Potential Retaliation:
The Chinese Ministry of Commerce expressed disappointment with the Dutch measures, urging respect for market principles and the spirit of contracts. While China has yet to retaliate against Dutch businesses, officials warn of the possibility of future retaliation. Observers anticipate further developments as the situation unfolds.
The intensifying tech battle between global powers is shaping the future of microchip technologies. With the Dutch government expanding its export control regime and China responding with its own measures, the industry faces significant disruptions.
These actions will not only impact the sales of companies like ASML but also hinder China’s ambitions to become a dominant player in microchip manufacturing. The global supply chain for microchips is poised for diversification, as tensions between nations continue to rise.


text:
Apple iPhone Lightning adapter shipping
If the fact that you’re already surrounded by iPhone docks and speakers with the old 30-pin connector has been holding you back from purchasing the new iPhone 5 then I bring good news. Apple has started shipping its Lightning to 30-pin adapter.
The iPhone 5’s announcement brought one of the biggest changes in years for the iPhone; the removal of the classic Apple 30 pin dock port at the bottom, with Apple changing over to the new reversible Lightning dock connector system.
Where it does leave more room inside the Apple mobile, it has left a raft of old Apple iPod/iPad/iPhone peripherals and accessories sat around like relics of a past age.
With the new 30-pin to Lightning adapter which has been reported to be shipping down in Australia already there should be some hope for Apple fans. The adapter will offer users the ability to just buy the adapter and hopefully not have to replace all their Apple accessories – it’s not confirmed that the iPhone 5 work with everything, unfortunately.
Since the iPhone 5 was released the Lightning to 30-pin adapter has been stated as for release in October and reports from down-under confirm that some of the adapters have started to ship with the accessory due to arrive today (9th October).
Hopefully this means that the UK will be getting the adapter soon as well so we can test out the connectivity with our old iPhone docks and accessories. Especially as, chances are, the soon to be outed iPad mini will also sport the Lightning port.
In the UK the Lightning to 30-pin adapter costs £25 and can be purchased at Apple.com/UK.


text:
Due out early next year, the upcoming crop of QNX-powered BlackBerry phones will run Android apps, according to Bloomberg.
Lance WhitneyContributing Writer
Lance Whitney is a freelance technology writer and trainer and a former IT professional. He's written for Time, CNET, PCMag, and several other publications. He's the author of two tech books--one on Windows and another on LinkedIn.
Hit by weakening sales, Research In Motion plans to add Android support to next year's lineup of new BlackBerry smartphones, Bloomberg reported yesterday.
Citing information from "three people familiar with the plan," Bloomberg said that the new Android-compatible phones will run the company's QNX software and debut in early 2012. A story earlier this month from the blog Boy Genius Report said that RIM will launch its first QNX-powered BlackBerry, code-named Colt, during the first quarter of 2012.
The move toward Android support is designed to enhance the appeal of BlackBerrys and shake up sales, which have taken a dive due to tight competition from the iPhone and Android devices.
The PlayBook tablet was supposed to be capable of running Android apps by now, but the tablet's support for Google's OS has reportedly been delayed until this fall, according to Engadget. Two of Bloomberg's sources said that a PlayBook upgrade for Android may not come until later in the year.
The Android app player to be added to the new BlackBerry phones is the same one designed for the PlayBook, according to one of Bloomberg's sources, but it will naturally be modified to fit the different screen sizes and resolutions of the phones. RIM is looking to have the Android player up and running on the QNX phones as soon as they go on sale, added the source, hoping to avoid the delay for Android support that has hindered the PlayBook.
RIM did not immediately respond to CNET's request for comment.


text:
In a significant move aimed at regulating international money transfers, the Central Bank of Nigeria (CBN) has issued new directives to International Money Transfer Operators (IMTOs). Effective immediately, all Nigerian recipients of foreign currencies, particularly the United States Dollar (USD), will be paid in Naira.
The revised guidelines, unveiled by the CBN on January 31 and endorsed by Hassan Mahmud, the director of the apex bank’s trade and exchange department, underscore a pivotal shift in currency transactions. According to the directives, IMTOs are obligated to disburse payments to recipients of inbound transactions exclusively in Naira.
Moreover, the guidelines delineate that the exchange rate for these transactions will be pegged to the prevailing market rate. This adjustment aligns with the CBN’s ongoing efforts to streamline currency operations and ensure compliance within the financial ecosystem.
The decision to mandate Naira payouts for international remittances signifies a strategic initiative by the CBN to bolster the domestic currency and foster stability within the Nigerian financial landscape. As stakeholders adapt to these regulatory changes, the implications on cross-border transactions and economic dynamics are poised to reverberate across the region.
“All in-bound money transfers to Nigeria shall be paid to beneficiaries in Naira through a bank account or cash,” said CBN.
“The exchange rate shall be at the prevailing rate in the Nigerian Foreign Exchange Market.”
The apex bank, however, mandated IMTOs to disclose all charges and exchange rates to be used for converting payment transactions.
A post shared by General Oluchi, an X user, that Nigerian fintechs are starting to implement the policy. Oluchi had shared WorldRemit, a payment platform’s statement that USD could no longer be paid out in Nigeria.
Another X user also confirmed the policy, stating that she could no longer make transfers in USD to Nigeria.
The recent directive from the Central Bank of Nigeria (CBN) mandating International Money Transfer Operators (IMTOs) to pay Nigerian recipients in Naira rather than foreign currencies, notably the United States Dollar (USD), arrives amidst mounting concerns over the devaluation of the Naira and the imperative to address accumulated forex backlogs.


text:
The Nigerian Breweries Plc has announced another increment in the price of its products after the previous increase in February.
Nigerian Breweries announced the decision to implement another increment in the price of its products for the second time in two months.
The company had in February issued a new price review notification to all its customers in the West Zone.
It was learnt that the new pricing structure is scheduled to take effect from March 15, 2024, a development that impact customers across the South-West region.
The rationale behind the move was outlined in a notification sent to customers by the company’s zonal business manager (West), Lekan Awosanya.
He attributed the decision to the persistent rise in input costs, necessitating the adjustment to offset the mounting expenses by the company.
The statement read, “As earlier informed we will review the prices of some of our SKUs effective Friday 15th March 2024. This review has become necessary because of the continued rising input cost and the need to mitigate the impact.
“All open orders in our system at 00.00hrs on Friday 15th of March, 2024 will be invoiced at the new prices.”
The company, however, appreciated its customers for their commitment and great partnership while assuring dealers of continued support for sales and distribution.


text:
Oliver has written about Apple and the wider technology business for more than a decade with bylines on How-To Geek, PC Mag, iDownloadBlog, and many more. He has also been published in print for Macworld, including cover stories. At iMore, Oliver is involved in daily news coverage and, not being short of opinions, has been known to 'explain' those thoughts in more detail, too.
Having grown up using PCs and spending far too much money on graphics card and flashy RAM, Oliver switched to the Mac with a G5 iMac and hasn't looked back. Since then he's seen the growth of the smartphone world, backed by iPhone, and new product categories come and go. Current expertise includes iOS, macOS, streaming services, and pretty much anything that has a battery or plugs into a wall.
Oliver also covers mobile gaming for iMore, with Apple Arcade a particular focus. He's been gaming since the Atari 2600 days and still struggles to comprehend the fact he can play console quality titles on his pocket computer.
Passionate about apps and the developer ecosystem, Oliver is always keen to try out the hottest new things to hit the App Store — and some that haven't made it there yet, too.
Opinion Apple TV Plus is getting more expensive for the second time in a year, so maybe it's time there was an ad-supported tier as well.
Apple's new Macs might go on sale in the second week of November, according to a new report.
Plans to bring a new flagship Apple Store to Toronto have been canned after the company developing the building failed to do its part.
The foldable iPhone still isn't here and it might not be for a while, but that doesn't mean other companies like Motorola aren't working on what's next.
Buying a new iPhone 15 or iPhone 15 Pro from Verizon will get you a free Apple TV 4K and six months of Apple One if you're quick.
Apple's budget iPad is getting ready for its 11th generation but how different will it be from the 10th-generation version that came before it?
Google's latest and greatest Pixels are here and the Pro model has a lot going for it, but can it compete with the best iPhone?
Apple is reportedly set to give the iPhone 16 a new chip of its own, skipping the A17 lineup entirely and leaning on Mac naming conventions.
Grand Theft Auto: Liberty City Stories and Chinatown Wars are now available to iPhone owners with GTA Plus subscriptions.
Apple reportedly fired multiple App Store workers in China after an internal audit found they were breaching strict rules.
Apple CEO Tim Cook visited China to discuss US-China relations and more amid a ban on iPhones in the government.
Netflix has again increased its prices which makes Apple TV Plus even better value despite a smaller library of content.
Apple has announced an updated version of the 10th-gen iPad in China, adding new eSIM support in the process. But where are the iPad refreshes we'd been told to expect?
Apple's new USB-C Apple Pencil is cool and all, but the lineup of three products is unnecessarily complicated.
The UK wants Apple and other phone companies to find a way to stop people from stealing devices on London streets.
This tool lets you more easily download macOS Sonoma's gorgeous animated wallpapers en masse.
Google's latest Pixel is here and it has a lot going for it, but can it compete with the iPhone?
Apple's updated M3 MacBook Airs are closer than ever to release and here's when to expect them.


text:
Phoenix International Raceway announced launch of mobile app
Phoenix International Raceway President Bryan R. Sperber announced today the launch of the official mobile app, an advancement that will provide guests with convenient access to information using their smart phones.
The free app has been created to maximize the fan experience and provide streamlined communication about PIR events, including the upcoming SUBWAY Fresh Fit 500™ NASCAR Weekend, by providing quick and simple access to event information, schedules, maps, social media, and more.
Visit the iTunes App Store or Google Play to download the free app today using keyword search “Phoenix International Raceway”.
Latest from Press Release
- Video: Danica Patrick wrecks out at Phoenix
- Danica Patrick Phoenix Accident Quotes
- Goodyear Launches New Ads During Biggest Race of Season
- Phil Parsons Racing & K-Love highlight Victory Junction 10th summer at Daytona
- American Ethanol Enhances Sponsorship of Richard Childress Racing with Driver Austin Dillon in 2013


text:
This upcoming GS version of the Lebron 18 sports a blue, pink and purple Flyknit upper with a black external heel counter and collar. A small black Swoosh is present at the lateral toe with the same branding in chlorine blue showing up on the lateral heel.
Below this upper is a white and black midsole and a two colour translucent outsole.
This GS Lebron 18 is scheduled to release January 15 at nike.com and select retail establishments; they will carry a $160 USD sticker price.
Nike LeBron 18 GS Multi-Color/Chlorine Blue CW2760-900 $160 January 15, 2021


text:
DETROIT — Ford Motor Co. said Monday it would offer its off-road Sasquatch package on Bronco SUVs that come with its seven-speed manual transmission, reversing course on plans that called for the package to only appear on Broncos with an automatic gearbox.
It was among the few disappointments enthusiasts voiced following an otherwise popular reveal of the revived SUV this year. There was even an online petition for the option that garnered more than 11,500 signatures.
Ford said it expanded the package to include the stick shift after listening to customer input.
“Capability is always a priority, and pairing Sasquatch with a manual transmission and available advanced 4×4 system gives it a maximum crawl ratio of 94.75:1, providing even more off-road capability across the lineup,” Dave Pericak, Ford icons global director, said in a statement.
The Sasquatch package is available on all Bronco trims — it’s standard on Wildtrak and First Edition models — and features 35-inch tires, front and rear electronic locking axles from Dana, a high-clearance suspension with a nearly 2-inch wider track, position-sensitive Bilstein shocks and wider fender flares.
The addition of the stick shift is not the first time Ford has consulted enthusiasts during the Bronco’s development. The automaker commissioned an enthusiast panel that got to peek behind the curtain from the concept stage through the final product as it crafted the off-roader the past few years.
Ford said the Sasquatch package with manual transmission would be available in late 2021, following the vehicle’s launch that spring. The Bronco build and price site will go live next month, Ford said.
The company has received 165,000 reservations in the form of $100 refundable deposits for the two- and four-door Bronco since its July reveal.


text:
Nextel Going Mainstream?
Despite their financial troubles, we’ve always been intrigued by Nextel and their unique approach to the market. With their proprietary walkie-talkie like DirectConnect feature they have carved out a niche with business users. But could they be expanding to go after the consumer market? Today they announced the acquisition of NeoWorld, a holding company for spectrum that will help Nextel expand their service. In a related SEC filing they also noted that they are testing a new service for the youth market. Hmmm. While DirectConnect is favored by construction workers and Dennis Franz (Nextel’s burly spokesperson), we could see kids lapping up DirectConnect with the right marketing and price plans. It would be like voice IM for them. Update: We did a little more digging and it looks like Nextel is working with Australian outfit Boost Mobile. Boost runs a pre-paid youth MNVO in Australia on Optus’ network. Nextel plans to launch the trial next month in California and Nevada. Considering that Nextel isn’t a household name with teens, this looks like a smart way for them to enter the youth market.


text:
The new year will start off with a bang for many in the amusement industry as they head to London for the first trade expositions of 2017. Two combined shows, EAG International and the Visitor Attractions Expo, will run Jan. 17-19 at the ExCeL London Exhibition Center, bringing together exhibitors and buyers from Europe and further afield.
New for the 2017 shows will be an expanded educational program, free of charge and open to all attendees. The seminars will address cashless systems, engaging with travel services, music licensing, inter-generational play spaces and more.
Speaking about the quality of visitors at last year’s events, Whitehouse Leisure’s Phil Setter called it an “extremely positive show with our booths well-attended. We’ve had good orders and there is an appetite for spending money.” Rhian Gordon,Regional Director at first-time VAE exhibitor Espresso Essential, was also impressed, saying it was: “The most eclectically successful show we’ve ever done. We’ve had leads from across the board.”
Some new faces at next month’s shows will include exhibitors like Barron Games, Direct Leisure, Heber, Huatong Technology Co., Huggables, JayBox, Lockyers, Play Fitters, Valley-Dynamo and others. For more information, to register and book hotels, click here.


text:
In a striking display of innovation and ambition, Karma Automotive, once a phoenix rising from the ashes of Fisker Automotive, has unveiled its latest creation, the Kaveya. This announcement, made at the Wynn Concours in Las Vegas, marks a significant pivot in the company’s trajectory, aiming to redefine the landscape of luxury electric vehicles.
Kaveya: The Specs
Karma’s Kaveya is a game-changer in the EV supercar scene. It’s got two flavors: an all-wheel drive with a whopping 1,000+ horsepower and a rear-wheel drive with a respectable 536 horsepower. The all-wheel drive is a beast with a 120 kWh battery, promising over 250 miles of range. It’s quick too, hitting 60 mph from a standstill in under three seconds. Charging? Fast. You’re looking at 10 to 80 percent in just 45 minutes.
Dimensions-wise, the Kaveya is a sizable machine at 187.7 inches long, 78.8 inches wide, and 49.4 inches tall. It sits on a 107-inch wheelbase and tips the scales at 5300 pounds. That’s a lot of car.
What’s the Buzz?
Karma’s president, Marcus McCamon, is all in. He’s been at the helm since March and is dead set on pushing Karma to its limits. “Karma Automotive has experienced its share of highs and lows during the past ten years. I’m intent on fulfilling Karma’s true potential,” he says. His mission? To make Karma a big name in America’s ultra-luxury vehicle market.
Michelle Christensen, VP of Global Design, is on the same page. She’s talking about a rapid design process, cutting down years to just eight months. “Designing vehicles – especially high-end exotic vehicles – historically takes years,” she explains. “But thanks to high-tech collaboration tools, a newfound team alignment on all levels of the company, and Marques’s introduction of low volume production-techniques, it’s taken eight months to conceptualize three gorgeous low, long, fast representations of our new Karma identity, which are futuristic, yet beautifully timeless.”
Karma’s not stopping with the Kaveya. They’ve got the Revero, a range-extended hybrid electric touring sedan, hitting the streets in Q3 2024. And then there’s the Gyesera, a full BEV touring sedan with rear-wheel drive and an 11.6-inch infotainment screen, set for a Q4 2024 debut.
The Bottom Line
Karma’s making moves. With the Kaveya leading the charge, they’re looking to shake up the luxury EV market. It’s a bold step, especially with a price tag north of $300,000. But it’s not just about the car; it’s about making a statement in the EV world.
Karma’s Kaveya is a mix of raw power, sleek design, and cutting-edge tech. It’s a sign of where the EV industry is headed, and Karma’s right there, pushing the envelope.


text:
As the financial landscape continues to embrace cryptocurrencies, Mastercard is making a move to stay ahead of the curve. In a recent announcement, the global payments giant revealed plans to expand its crypto card program, allowing for more seamless integration of digital currencies into everyday transactions. The decision to expand Mastercard’s crypto card program comes as the company recognizes the growing demand for cryptocurrency-related products and services.
Mastercard Seeks More Partnerships To Expand Its Crypto-Card Plans
Mastercard, the multinational financial giant, is preparing to extend its cryptocurrency payment card program by actively pursuing collaborations with a greater number of crypto firms. The company’s Head of Crypto and Blockchain shared this development as digital currencies continue to garner attention from regulators and traditional banks become increasingly cautious.
In its mission to incorporate cryptocurrencies into the mainstream, Mastercard has already teamed up with leading crypto exchanges such as Binance, Nexo, and Gemini. These partnerships have allowed the company to offer crypto-linked payment cards in select countries. Cards linked to Binance, for example, enable users to make payments in fiat currencies using their cryptocurrency holdings on the exchange.
Raj Dhamodharan, Mastercard’s head of crypto and blockchain, said:
“We have dozens of partners around the world who offer crypto card programs and they continue to expand. Providing access to crypto in a safe way is also part of our value proposition, and we’re continuing to do that.”
Mastercard Ensures Complete Regulation Before Launching Crypto-Cards
As banks become increasingly cautious of cryptocurrency clients, the sector faces heightened scrutiny following the collapse of several major crypto firms last year, including the bankruptcy of the prominent exchange FTX. Meanwhile, U.S. regulators are intensifying their efforts to address the market’s perceived lack of compliance.
In March, the U.S. Commodity Futures Trading Commission filed a lawsuit against Binance, the world’s largest crypto exchange. The regulator accused Binance of operating an “illegal” exchange and a “sham” compliance program. Binance CEO Changpeng Zhao, however, responded to the complaint by asserting it presented an “incomplete recitation of facts.”
While not commenting on Binance specifically, Dhamodharan assured that any card program “goes through full due diligence” and is subject to ongoing monitoring.
Major banks, such as Santander and NatWest, have imposed limits on the funds UK customers can transfer to cryptocurrency exchanges as a protective measure against scams and fraud.
When questioned about the possibility of Mastercard imposing restrictions on the amount of money that could be transferred to crypto exchanges via its payment network, Dhamodharan responded,
“We’re not here to pick winners. We’re not here to pick which transaction should happen or shouldn’t happen.”
Dhamodharan emphasized that users of Mastercard’s network undergo numerous compliance checks and also mentioned that the company has invested in cutting-edge crypto analytics technology. Dhamodharan said,
“Mastercard is really quite enthusiastic about the underlying blockchain technology that powers cryptocurrencies. We think more and more regulated money will come to this.”
Was this writing helpful?
Shayan is a digital nomad and a professional journalist. He delivers high-quality engaging articles to Coinpedia through his in-depth research and analysis.
Mastercard, the global payments leader, recently announced its plans to broaden the scope of its crypto card program. The program, developed in partnership with Wirex, allows customers to use their cryptocurrencies to purchase goods and services directly from merchants or withdraw cash from ATMs.
In an official statement, Mastercard revealed that it “intends to expand its cryptocurrency program by providing support to a greater range of digital assets”. This move could potentially open up the variety of digital assets that consumers can use to make payments through its network.
The company has been pioneering the way for many of the world’s top financial services companies in terms of embracing cryptocurrencies. They are ahead of many of their competitors in terms of offering their customers with cryptocurrency services, such as cryptocurrency purchases and asset trading.
Initially only available in Europe, the Mastercard crypto card program could expand to more countries in the near future. According to the statement, this would enable “Mastercard customers to use their card for everyday purchases with more merchants and points of sale for digital currencies [and] to access cash from more ATMs around the world.”
The company also designed its crypto program to enable its customers to “select what type of digital asset they want to transact with, giving them the ability to pick their preferred option or mix digital currencies if they choose.”
This move by Mastercard is another positive step in bringing cryptocurrencies into the mainstream. As the crypto market continues to grow, it is likely that more and more mainstream payment companies, such as Mastercard, will look to gain a foothold in the crypto world.


text:
The Illinois Department of Financial and Professional Regulation (IDFPR) issued October 2023 adult use sales figures this week, along with medical cannabis sales data for the month. Combined adult use and medical sales reached $165 million in October, down 0.3% from $165.5 million in September.
October adult use sales reached $138.8 million, down 0.6% from September sales of $139.5 million, but up 5.5% year-on-year.
The average price of items sold continued to decline as the volume of items sold climbed. October 2023 items sold were up 20.7% year-on-year, while the average item price declined 12.6% in the same period, from $42.40 in October 2022.
October medical sales rose 0.8% to $26.2 million, from $26 million in September.
Sales volume has been steady in recent months; it slipped slightly from 1.27 million grams of flower sold to patients in August to 1.26 million grams in September, but October saw flower sales to patients bounce back to 1.27 million grams. October 2023’s flower sales volume was up 12.7% year-on-year. The average retail price paid by patients for a gram of flower was $9.78 in October, down 2.2% from $9.90 in September 2023 and down 15% year-on-year from $11.51 in October 2022.
Overall, similar to the adult use market, medical cannabis sales in Illinois are seeing growth in volume terms, but sales revenues are trending downward due to price compression.
Illinois’ spot wholesale flower price has in recent weeks returned to stability after a brief drop that took place beginning in early August. Overall, a gradual downtrend has emerged following the steep downturn in wholesale flower prices in Illinois that commenced in late 2022. Interestingly, as noted by a report from the Illinois Answers Project (IAP), the wholesale price decline occurred even as very few new cultivators entered the market.
The IAP report states that of the 87 licensed “craft cultivators” in Illinois, only 10 were actually up and running as of mid-October 2023. Additionally, craft cultivators are initially limited to only 5,000 square feet of canopy.
However, the fact that only a handful of craft cultivators have entered the market does not mean that production capacity in Illinois has not increased. The 21 existing cultivation licensees that originated in the state’s medical cannabis program were permitted to expand to up to 200,000 square feet of canopy when the adult use market was legalized. Most recently, 4Front Ventures last month announced the imminent opening of a new cultivation facility in Illinois that will constitute “a more than fourfold expansion of our production capacity in the state over the next twelve months.”
4Front’s press release points to another reason for declining wholesale prices in Illinois. As the cannabis industry’s Covid-linked boom of 2020 and 2021 recedes further in the rearview and overall macroeconomic conditions have worsened, the availability and cost of credit has become increasingly unfavorable to businesses that are dealing with slowing growth and price compression. Sources have previously noted that MSOs have moved product at lower prices in order to ensure cash flow to service debt and other obligations.


text:
President Enrique Peña Nieto and the Chancellor of Germany, Angela Merkel celebrated the agreement reached this weekend between Mexico and the European Union regarding the Free Trade Agreement.
The agreement came during the Hanover Fair 2018, where the president highlighted that Mexico went from a closed and protectionist model to an open and free market to competition with 12 trade agreements that bring it closer to the economies of 46 countries.
“In Brussels, the commercial negotiation teams of Mexico and the European Union managed to close an agreement in principle for the modernization of our Free Trade Agreement between Mexico and the European Union.
“We also have confidence and optimism that we will conclude the renegotiation of the Free Trade Agreement with North America by ensuring benefits for its partners,” he said.
He also referred to the TPP 11 that was recently signed in Chile, which shows that Mexico today is one of the most integrated economies in the world.
“And thanks to this opening, Mexican exports last year added almost $410 billion, which places us thirteenth in the world.”
Before German authorities, industrialists, businessmen and exhibitors, the president explained the favorable conditions that Mexico provides to investors, such as the legal order, qualified labor and infrastructure.
“In a little over five years, we Mexicans have made our country a new platform for production and development,” he said.
Angela Merkel emphasized that Mexico is the first commercial partner of Latin America with a market committed to globalization.
“Of course now the technical work should be done, but I think it is very good news for Europe, for Germany and for Mexico,” she said.
During the event, a show based on Mexican culture was presented on the occasion of Mexico’s participation as a partner country in the trade fair.
Source: Mexico News Today


text:
Bipartisan congressional lawmakers have refiled a pair of charges intended to present a pathway for the regulation of hemp derivatives like CBD as dietary nutritional supplements and food items and beverage additives.
The two measures that ended up submitted on Friday—the Hemp and Hemp-Derived CBD Buyer Security and Industry Stabilization Act and the CBD Item Protection and Standardization Act—are becoming sponsored by Reps. Morgan Griffith (R-VA) and Angie Craig (D-MN).
Before versions of the bills ended up filed very last Congress and in the long run did not progress, but advocates and business stakeholders experience that the Food items and Drug Administration’s (Food and drug administration) new announcement that it wouldn’t be getting steps to regulate CBD will set force on lawmakers to act this time all over.
Food and drug administration “has dragged its feet in correctly regulating CBD and hemp-derived items on the market, creating confusion about its legal works by using,” Griffith reported in a press release on Friday. “Americans require better assistance and that is why I have introduced these two parts of laws, which will make a pathway for regulation in each the food items and nutritional health supplement spaces.”
The Hemp and Hemp-Derived CBD Client Protection and Current market Stabilization Act would mandate that hemp, hemp-derived CBD and other derivatives from the federally authorized cannabis plant would be made lawful as nutritional nutritional supplements beneath the Federal Foodstuff, Drug, and Beauty Act (FDCA).
The CBD Product or service Safety and Standardization Act, in the meantime, would call for Fda to develop procedures and keep a public comment interval on the utmost volume of hemp-derived CBD that could be extra to a foodstuff product or beverage for each serving, labeling and packaging requirements and the “conditions of meant use,” the textual content of the legislation states.
“In Minnesota we’ve seen firsthand that our community governments and smaller corporations require additional advice when it arrives to CBD and hemp-derived products and solutions,” Craig stated. “Which is why I’ve partnered with Rep. Griffith on these bipartisan bills to much better control CBD solutions, hold shoppers safe and sound and assure our hemp farmers and businesses have the support they need.”
Fda declared in January that it would not be creating regulations to enable the promoting of CBD as nutritional health supplements or foods merchandise, leaving the significant field without having regulations despite recurring phone calls for administrative action from lawmakers, advocates and stakeholders.
Subsequent a “careful review” of the non-intoxicating cannabinoid, Food and drug administration claimed it achieved the summary that the present regulatory pathways that are in area for other nutritional dietary supplements and food items additives will not get the job done for CBD. Rather, the company mentioned that needs to “work with Congress on a new way ahead.”
“The Fda has manufactured it crystal clear that legislative motion by Congress is essential to solve its CBD regulatory challenge and these two bi-partisan costs re-launched by Reps. Griffith and Craig provide as the resolution,” U.S. Hemp Roundtable Common Counsel Jonathan Miller said in a press launch. “The FDA’s inaction more than the earlier four yrs has experienced a devastating affect on U.S. hemp growers, and has left thousands of unregulated merchandise on the marketplace, increasing wellbeing and security concerns for people.”
Food and drug administration’s announcement arrived days soon after the company produced finalized assistance that focuses on developing cannabis-based mostly medication and outlined the method and special issues for researchers when it comes to hemp and marijuana.
Meanwhile, Residence Oversight and Accountability Committee Chairman James Comer (R-KY), mentioned in January that he was getting ready to confront Fda around their failure to enact regulations for hemp-derived products and solutions like CBD.
Cannabis Second is monitoring hundreds of hashish, psychedelics and drug plan expenses in state legislatures and Congress this 12 months. Patreon supporters pledging at least $25/month get entry to our interactive maps, charts and hearing calendar so they don’t miss out on any developments.
Learn more about our cannabis monthly bill tracker and grow to be a supporter on Patreon to get accessibility.
Fda has faced enhanced force from bipartisan lawmakers and sector teams to do a little something about the concern considering the fact that hemp and its derivatives were being federally legalized under the 2018 Farm Invoice.
Top officials in the company have earlier signaled that they felt it may consider operate from Congress to sufficiently control CBD.
Griffith and Rep. Brett Guthrie (R-KY) sent a letter to Fda Commissioner Robert Califf very last calendar year, demanding solutions in excess of the ongoing lack of rules for CBD for people reasons.
Griffith and other bipartisan lawmakers despatched a individual, relevant letter to the Fda commissioner in August. They expressed disappointment in excess of the “completely insufficient response” the company supplied in response to their monthly bill contacting for hemp-derived CBD to be permitted and regulated as a foods additive.
Soon after the previously model of the CBD Products Basic safety and Standardization Act was submitted in late 2021, the sponsors sought complex help from Food and drug administration to suggest on important provisions. But four months after they despatched the inquiry, Fda returned a “one-page” response that was “simply a reformatting of a doc delivered to Congress over two yrs back,” the lawmakers explained
At a Property Appropriations subcommittee hearing last year, FDA’s Califf recognized that the agency experienced moved slowly with rulemaking for CBD in the meals supply, stating that the predicament “looks quite much the exact same in conditions of where we are now” as when compared to when he to start with worked on the situation in 2016.
He mentioned the Food and drug administration has taken steps to exploration the safety profile of cannabinoids to inform foreseeable future rules, but he also punted the criticism about inaction to Congress, declaring he doesn’t sense that “the present authorities we have on the meals aspect or the drug aspect automatically give us what we will need to have to get the right pathways ahead.”
“We’re going to have to come up with some thing new,” Califf reported. “I’m really fully commited to accomplishing that.”
Fda also a short while ago touted its job supporting a state agency crack down on a firm selling delta-8 THC gummies that they mentioned are joined to “serious adverse activities.”
In November, the agency despatched warning letters to 5 providers that sell foods and beverages containing CBD.
The agency did not specify why it specific those unique 5 providers out of the quite a few more that sector equivalent cannabidiol-infused consumables, but it mentioned that they market items “that men and women may possibly confuse for standard food items or drinks which may consequence in unintended usage or overconsumption of CBD.”
All of this comes in the history of a main job for Fda: Conducting a scientific review into cannabis, at the course of President Joe Biden, to assist in an assessment of its federal scheduling. FDA’s suggestion will not be binding, but officers say they hope DEA to products a scheduling suggestion that’s steady with their conclusions about its pitfalls and rewards.
Also this thirty day period, bipartisan congressional lawmakers released a new monthly bill that seeks to close what they say is a “discriminatory” federal plan that bars folks with prior felony drug convictions from owning or main legal hemp enterprises.
Read the textual content of the hemp and CBD payments down below:
Photo courtesy of Kimzy Nanney.
The put up New Bipartisan Congressional Payments Would Make it possible for Hemp Derivatives Like CBD As Dietary Nutritional supplements And Food items Additives appeared to start with on Marijuana Minute.