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American technology giant Apple is known for providing a premium shopping experience to its customers. Part of the experience is grand nature of the renowned Apple Stores. Now, the company is all set to open its largest store in the Indian subcontinent. It has finalised the location at a high-end mall in the city of Mumbai, Maharashtra.About the Store
As mentioned above, the new Apple Store in Mumbai will be one of the company’s biggest retail market place; and the largest in the Indian subcontinent. Early reports claim it will measure a whopping 4,500 square foot in area. Sources claim the location finalised for the Apple Store is the Palladium shopping mall [...]
Amid growing concerns over the stagnating economies in the western markets, and slowing pace of its own sales in China, Cupertino-based tech giant, Apple Inc, is looking for new markets to expand its business to. On that list of unconquered lands for Apple, India finds itself at the top.
Apple which has seen a jump of 90% in sales in the country during the last fiscal year is zooming in increasingly on India as the new frontier for its products. To Apple’s credit the company has been quietly building infrastructure for such a move by boosting advertising, logistics network, and most importantly lowering prices for old phones to start making deeper inroads into the homes [...]
In today’s Apple news, Apple Stores will officially open up in India. Apple has tied up with Tata and is set to open at least six Apple Stores at Tata-owned Croma stores by Diwali next month. Croma will dedicate 400-500 square feet in area for Apple at five Croma stores in Mumbai – Malad, Juhu, Oberoi Mall, Phoenix Mall and Ghatkopar – and one in Jayanagar, Bengaluru.
Avijit Mitra, CEO of Infinity Retail, said in an interview with Economic Times that, “We are proud to partner Apple to launch the Apple Store in India and extremely bullish about it. These stores will [...]
It happens every year and this year is no different. The Apple store has gone down thus paving way for the announcement of the iPhone 6s and 6s Plus that will be made in San Francisco today. The store went offline 6 hours before and that too, is adding to the excitement of the most awaited devices of the year.
Apart from the phones, we also expect to see the iPad Pro, iPad mini 4, fourth-generation Apple TV and new Apple Watch bands.
The event is set to go live at 10 AM Pacific time, which is approximately 10:30 PM for apple enthusiasts in India. Stay tuned and sit tight because we [...]
India is fast becoming the go-to market for technology-based companies to try out their luck. A growing middle class with its increased purchasing power is growing more comfortable with experimenting with offerings of various companies. Almost every global company sees India as a potential market for their product. Every company is trying to impress the Indian consumer with better features and improved updates. Apple too understands the importance of this market and hence is pushing for an aggressive growth in the number of stores across the country.
The Cupertino-based technology superpower is planning to set up over [...]
The worldwide Apple store is down, and it has been down for the past 3 hours, giving rise to speculations that new/refreshed products will soon be announced.
Apple, from time to time, takes down its websites for maintenance and user interface upgrades so it could all just be a false alarm. However, if Apple were to announce a new device right now, it would most probably be a new line of Macbook Pros. Other than that, it could officially release the Mac Pro, the device they said would be announced later this year.
The new Mac Pro will be at least doubly powerful on every count than its [...]
Google Play seems to be going on one heck of a growth spurt. According to new stats, the Android app store is catching up to iOS fast.
Even though the Apple App Store is four times more profitable than Google Play, iOS can’t match Android’s revenue growth of 311 percent since January and 17.9 percent in the last month. These numbers are misleading, however, since Google started the year with next to nothing in its Play Store coffers, while Apple had already earned $4 billion from App Store revenue.
Most app revenue, on both platforms, [...]
Apple’s largest store in Asia opened in Beijing on Saturday. The store, located in the city’s commercial street of Wangfujing, is Apple Inc’s third in Beijing.
John Browett, Apple’s senior vice president of retail, had previously said the new store is the company’s largest store in Asia, with an area of 2,300 square meters and more than 300 employees.
Big Apple events in Beijing tend to get a little rowdy, but Saturday’s opening, tightly controlled by dozens of security personnel, went smoothly. A half hour before doors opened, hundreds of [...]
Harman Kardon has just released a whole new range of headphones that include five options: two sound-isolating in-ear models tailored specifically for iPhone use and three on-ear and over-ear styles – including a wireless Bluetooth® and noise-cancelling model.The in-ear model NI ($99.95) (Rs. 5570) 9mm drivers Rectangular black housing – shaped like the back of an iPhone A three-button remote with a built-in microphone Three sizes of silicone sleeves The in-ear model AE ($149.95) (Rs. 8355) Silver-toned aluminum casing Premium 9mm drivers optimized A three-button remote with a built-in microphone is included Foam sleeves are offered along with three sizes [...]
Apple has released a new version of the iBooks publishing platform yesterday at the Guggenheim museum in New York City. The new iBooks 2 app is available today as a free download from the App Store. It features a lot of new improvements including the ability to share textbooks. The reason for giving iPad’s to students in universities becomes even more useful starting today.
The App allows fullscreen books, interactive 3D objects, diagrams, videos and photos, the iBooks 2 app will let students learn with just a tap or swipe of the finger.
Education is deep in Apple’s DNA and iPad may be our [...]
Guess what folks, its just about an hour to the iPhone 5 announcement and the Apple store is down. The iPhone 5 is coming, be sure to check out the live blog at 10:30 pm for the latest updates from the Announcement.
Apple has finally released its OS X Lion USB thumb drive, available now at its online store. If you want an alternative to the Mac App Store download file which deletes itself after each install, this usb stick might be the correct answer for you.
The only catch is that the usb stick sells for US$ 69, when you can download the OS for just US$ 29 from the App store. These are only currently available in the US, so you will either need to wait several weeks, or find alternate ways to get them to your doorstep.


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Mazda in no rush to embrace EVs, will continue developing diesel technologies
In a recent interaction with reporters in Tokyo, Mazda Motor Corporation’s Kiyoshi Fujiwara -- the executive overseeing the automaker’s research and development -- said that the automaker will not rush to embrace electric vehicles (EVs).
According to Fujiwara, Hiroshima-based Mazda plans to continue developing diesel technologies. The executive said that despite the increasing inclination of rival automakers towards EVs, Mazda considers diesel to be an opportunity instead of a risk.
The disclosure by Fujiwara that Mazda will continue to develop diesel technologies comes at a time when other automakers, including Nissan Motor Co., have efforts underway to accelerate their plans for emission-free vehicles because of more stringent emission regulations by governments across the globe.
Although Mazda plans to introduce EVs from 2019 in an evident attempt to comply with emission regulations, the automaker has been a rather slow mover in terms of producing EVs, despite its 2017 launch of a joint venture with Toyota Motor Corp., for developing EV-centric technologies.
About Mazda’s slow approach to EVs, Fujiwara told reporters in Tokyo that the automaker projects that interest in EVs is not likely to pick up significantly any time in the near future, and added: “Consumers won’t buy EVs just because of Elon Musk.”
Ahead of the official unveiling of the BMW iX3 SUV at the 2018 Auto Show in Beijing this week, German automaker has shared a teaser video for the new vehicle, which is being considered a part of the automaker’s X SUV line-up.
According to a survey carried out by AAA, the adoption of electric vehicles (EVs) is encouragingly on the increase in the United States, with 20% Americans having expressed the possibility of going electric when they buy their new car.
In a new massive energy storage project in the UK, battery packs of BMW i3 electric car have been used for connecting to the UK National Grid.
In an indication that Honda has preparations underway for India’s electric car push, the Japanese automaker is reportedly mulling the option of a battery production facility in the country.
During the course of Tesla Motors first-quarter 2018 earnings call, the company CEO Elon Musk teased a potential gigantic 1 GWh energy storage project which is likely to be announced soon.
Germany has registered impressive 61 percent increase in plug-in electric vehicle sales during April 2018 compared to the same period last year.

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text: Pirates of the Caribbean: At World’s End – Davy Jones Figure by Beast Kingdom Latest News July 19, 2021 Beast Kingdom released photos and details for their upcoming Pirates of the Caribbean: At World’s End – Davy Jones Dynamic 8ction Heroes (DAH) Figure. The 1/9 scale figure stands a little under 8″ tall with about 20 points of articulation. Davey Jones includes multiple interchangeable hands, swap out faces, a sword and sheath, a swap out right arm, a Dead Man’s Chest, a cane, a pipe, and a figure stand. The figure is due for release in the Fourth Quarter of of 2021. Pricing hasn’t been announced yet. Check out the full details and the new photos after the jump. » Continue Reading. The post Pirates of the Caribbean: At World’s End – Davy Jones Figure by Beast Kingdom appeared first on The Toyark – News.


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Ferrari considering producing combustion engines beyond the EU's 2035 ban
During the Financial Times Future of the Car Conference in London, Ferrari CEO Benedetto Vigna indicated that the marque may continue to sell combustion cars beyond the 2035 ban on new combustion-engined car sales in the European Union (EU). This is in line with the EU's plan to allow e-fuel-powered cars to remain on sale after 2035. The allowance for some cars running exclusively on e-fuels to continue selling beyond the regional ban raises the possibility of low-volume marques such as Ferrari continuing to build and sell non-electrified cars.
Vigna stated that Ferrari is still on track to achieve carbon neutrality by 2030 and will launch its first electric car in 2025, as previously announced. However, the CEO believes that combustion engines still have a lot to offer. He explained that the e-fuels narrative is playing out at a faster pace than anticipated, which opens up new possibilities for Ferrari in terms of its future product and technology roadmap.
The CEO sees the compatibility of e-fuel and combustion engines as a boon for the company. Vigna stated that running a thermal (combustion) car with neutral fuel is possible since the carbon dioxide from the atmosphere is combined with other substances. Therefore, he believes that the two technologies are very much compatible and reinforce the company's strategy.
Ferrari hasn't said much regarding the design, technical specifications of its first electric car. Vigna, however, stated that all component supply lines have been drawn up, and the car is nearly ready to make its debut. He suggested that 2025 is approaching quickly.
Although Ferrari's future line-up has not been disclosed, Vigna's latest comments indicate that combustion engines could still play a core role in the company. He reiterated that the EU's approval of the e-fuel exemption was beneficial to Ferrari and the world since it gives life to a technology that still has a long way to go in terms of efficiency and emissions. He emphasized that Ferrari will stick to its current strategy of investing in ICE, hybrid, and EVs.
In conclusion, Vigna stopped short of confirming whether the company would invest in entirely new engines. Currently, Ferrari has a 3.0-litre V6, a 3.9-litre V8, and a 6.5-litre V12 in its portfolio, with the first two already utilized in the hybridized 296 GTB and SF90 Stradale supercars. It is essential to note that the EU's e-fuels exemption proposal requires that any combustion cars for sale past 2035 must run exclusively on e-fuels, meaning any existing engines would require extensive modification to comply with the requirements.
About The Author
Joseph Catley - SYPC Media Manager


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The video game industry continues to grow each year. Billions of dollars pour in as bigger games dominate the landscape, indies continue to flourish thanks to digital distribution and titles retain audiences for longer than ever before. It's an exciting time for both consumers and developers, when anyone could could be working on the next PlayerUnknown's Battlegrounds-sized hit.
How, though, does a nascent local development scene breakthrough and compete with other hotbeds for video game production? That's the task facing Italy's gaming industry and its trade body AESVI.
Trade shows like Gamescom in Germany, which boasted 350,000 visitors for this year's event, are vital for showing off what Italy and many other burgeoning industries have to offer. It's there that IBTimes UK sat down with AESVI general secretary Thalita Malago to discuss Italy's place in the industry and its plans for growth.
How has the Italian game industry grown in recent years? And how do you plan to continue to grow?
Thalita Malago: I would define the Italian game development scene as an emerging one. Five years ago the sector was quite limited in growth, but since we had a strong growth in the number of game developers operating in Italy. You have to consider that now we count over 120 development studios distributed all around the country.
Milan is the centre of the Italian development scene. All the major game developers are based in that area, such as Milestone or Ubisoft Milan.
What we foresee is that the sector will continue to grow. Both because many developers have proven to be successful in the market and because we as a trade organisation are working a lot with the government to improve the conditions under which our developers work.
Just to give you an example, we are here because five years ago we started lobbying with the government and we were able to get the minister of economics' support to finance an Italian pavilion at Gamescom and also at GDC. Today we are here with 14 game developers, next year we hope we will be there with a huge number of developers. We are also working on a loan, a number of tax breaks and development funds.
Mario + Rabbids: Kingdom Battle was developed in Italy. How is important is it for you to attract these kinds of massive projects, and how important is Ubisoft Milan to you generally?
I believe that this project is extremely important for our country because, first of all, Ubisoft Milan is the only multinational in the video game sector with a local development studio in Italy. So, having the Milan offices working on such a title is evidence that Italy is a place where extremely interesting games can be developed and we are a creativity hub. We hope that Ubisoft and other multinationals will consider having development studios in Italy, because we are an extremely creative country, as you can see in the fashion or in the design sector. It is the same for video games.
The case study of Mario + Rabbids also helped us a lot in lobbying with the government, because it's not a simple game, it's very big... on an international level.
Our government recently approved our legislation, according to which Italian developers will have access to tax breaks and development funds. It was made possible because we had Ubisoft Milan showing what could be the potential of developing the sector in Italy.
How are you planning to attract big developers and convince them to open up shop in Italy?
Up to now we haven't done so much because we did not have the instruments to do so. But now the government has approved this loan we will start a campaign to attract foreign companies in Italy. We will be able to show the concrete measures they can have if they develop games in Italy. We will have tax breaks on production and international distribution, and this is quite unique because in other countries you don't have the tax break for international distribution.
We will also have development funds. We have to see how much they will be linked to cultural and artistic aspect, but we at least know that there are development funds. So we will give visibility to these measures as soon as they are defined in detail, to show foreign companies what they can do if they do business in Italy.
Gamescom and Paris Games Week have been huge for Germany. You've got Milan Games Week. How are you planning to expand that show?
The show has seen significant growth since its first edition. We launched the fair in 2011 and this year we will round the seventh edition. We started with 30,000 visitors in the first edition and last year we had over 138,000 visitors. This year, in late September, we are expecting to have over 150,000 participants. It's a huge number.
Of course for us it's not the arrival point but a starting point for the growth of the fair. We are working on a number of directions to grow the event. First we are working on the Italian game developers, we have a very big stand for Italian game developers in Milan Games Week. This year we have more than 50 game developers showcasing their games. We are working also on the esports. So this year there will be a very big esport event. We hope to attract international competitions to Italy. Third, we are working on international guests. So for example this year we have Tim Schafer coming and opening the Milan Games Week conference.
The UK government has invested in teaching coding in schools, and that's been very well received by the gaming community. Are there any similar plans in Italy?
Yes. The Italian Parliament, more or less two years ago, approved a national plan for digital schools. Where they defined some pillars to be followed to improve the digitalisation of schools in Italy. They put some funds available to schools to have a better digitalisation process. We are part of a coalition that is currently working to implement this plan and to find solutions to modernise schools.
What we offer the ministry is coding sessions with developers. They are also interested in education to be entrepreneurs, to become entrepreneurs in the video game sector. Also, there are sessions on the responsible use of video games.
These are the different fields where we are working: coding, training and mentorship for students who want to work in the business and responsible use of games.
Big international projects are great, but how important is it to encourage games that reflect the culture and heritage of Italy?
You know better than me that developers are very creative in general. Not only in Italy, they are creative everywhere. They are very creative and they do not like to have constraints on creativity.
So on the one hand it is important to use the cultural heritage of Italy to develop different games. On the other hand, we do not want to limit the creativity of our developers, because we believe that in every country you can develop content that is universal and has an international reach.
Last year a project was launched called Italian Video Game Programme, and this project is run by five guys that are creating a database of locations in Italy, or stories, that could be used for development of video games. The minister of culture has shown an interest to use this database, to raise the profile of Italy as a possible location of video game development.
Does Brexit pose any opportunities for you, should the British game industry be negatively impacted?
I don't think so because the UK is such a strong market and country for game development, and Italy is such in a start-up phase. So I do not believe that Brexit will have an impact on Italy. I probably believe that Brexit will have an impact on Italian game developers working in the UK, maybe. and this is a pity because we have a lot of Italian people working in the UK. I don't think it will have an immediate impact that we can benefit from this situation.


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With less than a week left until BlackBerry 10's official announcement, more details on the smartphones powered by RIM's new platform surface.
Even though Research In Motion did not confirm how many devices it will launch next week, we expect at least one will make its way onto shelves in February – BlackBerry Z10.
The full-touch smartphone will be launched globally at various carriers, but Canadians are more likely to be among the first to be able to grab this one.
Anyway, Engadget reports that customers in the UK looking to get their hands on a SIM-free BlackBerry 10 will be able to do so via Carphone Warehouse.
It looks like the UK-based retailer already put a price tag on the Z10, so BlackBerry fans should prepare their wallets as this one won't come cheap.
According to screenshot taken off Carphone Warehouse's internal database, BlackBerry Z10 will be available for purchase for no less than £480/€565/$760 outright.


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Representing the apex bank governor, the deputy governor, Corporates Services, Adamu Lamtek stated what the financial institution did was to protect the banking sector from the actions of Cryptocurrencies and not a ban on its activities. The Central Bank of Nigeria has declared that there was no time the financial institution banned the actions of Cryptocurrencies in the country. In view of the current controversies trailing the adoption of digital currency in Nigeria, the University of Lagos Muslim Alumni has examined the Islamic perspectives, advantages and limitations to Muslims. Bitcoin hit a record high above $62,000 Tuesday as the cryptocurrency exchange Coinbase prepares to launch shares on Wall Street. Turkey on Saturday detained the chief of one of many country’s biggest cryptocurrency firms after launching a manhunt for the founding father of another exchange who fled to Albania.
As the names imply, while central banks can problem digital currencies, cryptocurrencies are issued by unknown and unregulated entities.” This seems to maintain the door open for digital fiat, issued and regulated by the bank itself. Last month, the CBN issued an order that directed financial establishments to close down all accounts associated with crypto trading. “Dealing in cryptocurrencies or facilitating funds for cryptocurrency exchanges is prohibited,” mentioned CBN on the time. It additional informed establishments to “identify persons and/or entities” transacting with cryptos or working crypto exchanges.
In a model new video, Hoskinson shares his ideas on the present crypto panorama and explains why the nascent trade will turn into a dominant drive that addresses a lot of the problems of the present financial system. Kraken is likely to be the better exchange for traders excited about lower charges and Coinbase is best for many who wish to put money into cryptocurrency while additionally keeping threat at a minimal. We will delve into each of those exchanges in full later, but for now, let’s explore the ten,000-foot view to find out what the primary commonalities and variations are between these cryptocurrency exchanges. Cryptocurrency exchange, Quidax on Monday, 10th May officially shared plans to increase past Africa to the worldwide market. They additionally introduced the launch of their native token, QDX, and revealed plans to reposition as the global residence of BEP20 tokens.
In 1999, Musk based a web-based financial institution, which merged with another company to become Paypal. AnTy has been concerned in the crypto house full-time for over two years now. Before her blockchain beginnings, she labored with the NGO, Doctor Without Borders as a fundraiser and since then exploring, reading, and creating for different trade segments.
Investigators have also recognized industrial enterprises which were supplying the bitcoin farms with electrical energy. Zinoly app is a news platform based online that enables its customers to get rewards by studying news contents. EOLS investors are reacting positively to the news with elevated trading to shares.
Remitano is such an exchange platform that paves the best way for hassle-free cryptocurrency transactions. Thanks to the platform’s user-friendly interface, buying Bitcoin on Remitano appears extremely easy. Provided that you have your nationwide fiat currency intact and have duly handed the Know Your Customer course of, you’re fairly sure of buying or promoting cryptocurrenies on Remitano. Remitano-Remitano, a broadly identified cryptocurrency exchange platform, is a brainchild of Babylon Solutions Limited –a Seychelles-incorporated firm. Among the gamers in the cryptocurrency exchange sphere, Remitano occurs to be one of many most-trusted choices for peer-to-peer buying and selling of Bitcoin with none problem. You can buy the currency from coinmama.com and Remitano, Cardano, Coin Switch crypto-currency exchange and others.
Peru Plans Immediate Funds Network That Links Fintechs, Cellular Financial Institution Accounts
But the region’s warp-speed adoption of Bitcoin and other cryptocurrencies additionally stems from progressive initiatives to fight corruption and theft, increase corporate productiveness and promote helpful public policy. New considering on company risk and resilience in the international economic system. The Edge of Risk Menu Search New thinking on company danger and resilience in the world economy. With a heritage spanning more than 110 years and a concentrate on innovation that has resulted in roughly one hundred thirty applied sciences and three,400 patents, Lummus Technology is the worldwide chief in developing and implementing course of applied sciences. We are a Master Licensor of petrochemical, refining, gasification, fuel processing and renewable technologies, and a supplier of catalysts, proprietary equipment and associated companies to prospects worldwide. Lummus Novolen TechnologyGmbH licenses polypropylene technology and supplies related engineering and technical support/advisory providers.
“It is a chance to make a lot of money however, please, allow us to settle this; I am not a financial advisor. I am not telling you to hold all of your money to place in cryptocurrency. That is why it is always essential to do your individual analysis,” he famous.
Cryptocurrency networks show a lack of regulation that has been criticized as enabling criminals who seek to evade taxes and launder money. Money laundering issues are also present in common financial institution transfers, however with bank-to-bank wire transfers for instance, the account holder should no less than provide a confirmed identification. Cryptocurrency advertisements have been briefly banned on Facebook, Google, Twitter, Bing, Snapchat, LinkedIn and MailChimp. Chinese web platforms Baidu, Tencent, and Weibo have additionally prohibited bitcoin commercials. The Japanese platform Line and the Russian platform Yandex have similar prohibitions. A cryptocurrency wallet stores the public and private “keys” or seed which can be utilized to obtain or spend the cryptocurrency.
Crypto News – Why Cautions of an Unsafe Bitcoin bubble are Misguiding – Bitcoin News – Crypto News – Why Cautions of an Unsafe Bitcoin bubble are Misguiding – Bitcoin News. https://t.co/LUIsVocDrJ pic.twitter.com/8iWJofrA5o
— Crypto News (@CryptoNewsBitco) April 22, 2021
Known as rai, they were heavy limestone monuments that have been kept underneath the sea. The authorities were shocked as to how well controlled and well organised the protesters had been. Millions of naira have been raised almost instantaneously to finance wants as they arose on floor. While using bitcoin, the cryptocurrency user has lots of of options that they can use to buy bitcoins. To make the lengthy story brief, bitcoin users do not face the problem of shopping for it in an affordable vary. It has been discovered that, unlike different customary money trading methods, Bitcoin is method simpler and cheaper to make use of.
Tokens, cryptocurrencies, and different types of digital assets that aren’t bitcoin are collectively known as different cryptocurrencies, typically shortened to “altcoins” or “alt cash”. Paul Vigna of The Wall Street Journal additionally described altcoins as “alternative variations of bitcoin” given its role because the model protocol for altcoin designers. The term is commonly used to describe cash and tokens created after bitcoin.
A ban on financial firms and fee establishments from providing services related to cryptocurrency transactions has been positioned by the Chinese government. Today’s circular implies that whereas the CBN has not banned virtual currencies, it has effectively blocked the ability of the exchanges which trade them to gather payments from bank bitcoin news india latest prospects. Since crypto is hardly purchased with cash from exchanges, this transfer will have an result on the operation of companies like BuyCoins, Patricia, Yellow Card among others. According to him, within the primitive era, there was no money however trade by barter which suggests folks exchanged commodities with each other out there.
Syscoin Cryptocurrency Over 26% Up Within The Last 7 Days
It has been termed a mobile-driven economic system with over a hundred and twenty million folks using the web, nearly all of them are on smartphones, many thanks to the influence of affordable Chinese telephones. Immediately after Tesla’s announcement, Musk got here beneath fire for his position on cryptocurrency. In his response, the previous “co-founder” of the worldwide payment platform Paypal said he knows extra about money than consultants suppose. Regardless, it’s a big bang to crypto exchanges which have shifted from niche choices allowing only trading to even launching stable cash. It may designate but different watershed second within the history of governors going overboard in Nigeria.
- While the central financial institution insists its determination to ration overseas currency is in the country’s best interests, this policy has nonetheless received widespread criticism.
- A cryptocurrency exchange is a digital marketplace the place clients can trade cryptocurrencies or digital currencies for cash or other belongings.
- In the same month, Nigeria turned the No. 2 bitcoin peer-to-peer market after the U.S with more than $566 million worth of bitcoin traded between 2015 and 2020.
- In 2019, Google Trends listed Lagos, Nigeria because the number one metropolis based mostly on online search volumes for Bitcoin worldwide.
Its mandate is to tell, educate and join the worldwide neighborhood because the authoritative daily news supplier devoted to chronicling the house. The Heilongjiang Province-based branch of the state-owned China Construction Bank is ready to launch a cross-border financial blockchain service platform, per East Money. China Construction Bank is currently collaborating within the central bank’s ongoing digital yuan pilots, however appears to have other blockchain-related plans, too. The new platform, said the bank, might assist companies and banks within the province to finance export deals for Heilongjiang-based producers. On the fifth of February 2021, the Central Bank of Nigeria 1released a letter addressed to banks and different monetary establishments which acknowledged that dealing in cryptocurrencies and facilitating payment for cryptocurrency exchanges are prohibited.
In the case of decentralized cryptocurrency, companies or governments cannot produce new items, and have not so far supplied backing for different corporations, banks or corporate entities which maintain asset value measured in it. The underlying technical system upon which decentralized cryptocurrencies are based mostly was created by the group or individual known as Satoshi Nakamoto. Nigeria is Africa’s largest economic system, its most populous country, and residential to one of the youngest populations on the planet. Throw in a burgeoning tech sector and it’s simple to see how Nigeria has become the continent’s largest Bitcoin market by trading volume, based on UsefulTulips.org, which gathers data from crypto exchanges Paxful and LocalBitcoins. About – CoinDesk is the leading digital media, occasions and information services company for the crypto asset and blockchain expertise community.
What these audits do is confirm the total quantity of cryptocurrency held by Kraken and overall seems to be well-capitalized and really secure to use. When you buy Bitcoin in Lino, the market makers pay 0% charges while takers pay wherever from 0.03% to 0.1% relying on the 30 day trading volume. Overall, Luno’s charges are very aggressive compared to other exchanges. Luno is a well-liked exchange that was based in 2013 for niche markets around the world and has expanded their providers to nations corresponding to Malaysia, Indonesia and Uganda. They are aiming to supply a competing service to Coinbase and readily made themselves available to many nations that are not served by bigger exchanges. NairaEX’s distinguished feature is that it is a non-custodial exchange which suggests they will not hold your assets in a centralized wallet which is susceptible to theft.
Montana cryptocurrency miners are backing the Basin Creek Solar Project, a 300 megawatt photo voltaic array farm in Butte, to supply energy for an expanding data heart, reported local news Montana Standard. Belt Finance, a decentralized finance platform based on sensible contract network Binance Smart Chain , became the latest project to fall victim to a flash loan attack, shedding over $6.2 million worth of tokens in the process. With 2-FA, IP White-listing and cold storage, your digital property are always safe. Coinbase Commerce allows retailers to simply accept multiple cryptocurrency payments from global clients. Hot wallets are among the hottest ways of storing digital currencies. Therefore, cash from a large sale is most likely not immediately obtainable to the trader.
You imply a sort of 51% governance of an open source or neighborhood pushed project. History shows that neighborhood tasks fork on a regular basis over personal differences, and majority does not at all times rule. Google2 coin won’t matter if people get mad at Google2’s governance and fork it for Google2.5 coin. If you presumably can’t fork the coin, then it seems like regular stock or company scrip. In reality what’s probably taking place is the person in Argentina is taking Pesos and transferring the money in some method to a US account that helps Zelle, which has turn out to be the payment methodology of selection in Venezuela. The remittance is then despatched to somebody’s friend’s account utilizing Zelle, after which used for payments.
They confronted the enemies of their future draped in our nationwide flag and singing our national anthem. Most of them use cellphones to warn one another whenever the Janjaweeds are within the neighbourhood. When public insurance policies are capriciously formulated, individuals are free to read any meanings they like. It is much like the FGN directive ordering everybody within the country to make certain that the phone numbers on their registered SIM playing cards are linked to their national id numbers, NIN. AllAfrica is a voice of, by and about Africa – aggregating, producing and distributing 800 news and knowledge gadgets daily from over a hundred thirty African news organizations and our own reporters to an African and global public.
Luno –the commonest cryptocurrency exchange in Nigeria, launched in 2013 and supporting a quantity of popular cryptocurrencies together with BTC, LTC, ETH, XRP and BCH. DOT is amongst the most outstanding coins for the new bull market because it ticks all the boxes beforehand mentioned. Not solely is it a top 10 coin by market cap, however it also has very strong fundamentals that solve pressing issues . Aside from that, its founder is an ex-Ethereum founder, which is why the project is commonly dubbed as ETH 2.0, but not a direct competitor to the later. A cryptocurrency is a digital or digital currency that uses cryptography and is difficult to counterfeit because of this security characteristic. The investment has paid off, as he now has about $1.7 million located in varied accounts, though he’s still trying to take much more dangers within the near future.
So with just N10,000 you ought to buy over 300 coins and watch it develop to the moon. So if you’re prepared to begin investing in cryptocurrency in Nigeria ensure to create your account with Binance. ROQQU is another platform that permits you to exchange crypto with Naira in Nigeria without having to worry concerning the crypto ban in Nigeria. Binance is a low-cost and various cryptocurrency exchange with hundreds of coins to choose from. Binance is the world’s largest crypto exchange, and it’s the best choice for purchasing and selling altcoins. Cryptocurrency exchanges are platforms that facilitate the buy and sell of cryptocurrency around the world.
In this text, Patricia debunks lots of the cryptocurrency fraud schemes being used by scammers and offers a guide on how one of the best ways to securely trade cryptocurrency in the nation. To address the priority of not contributing to government revenue, the CBN and SEC might impose truthful taxes on banks due to crypto-related transactions. As opposed to the outright cryptocurrency ban, the CBN and SEC might work together to develop a concise legal framework for the operation and use of cryptocurrency trade.
The Nigerian Stock Exchange Commision has branded cryptocurrencies as securities in a landmark document that can change the way crypto assets are regulated in the African nation. According to the latest update, Today, Nigeria is acknowledged because the world’s second-largest Cryptocurrency trading peer-to-peer country. After the United States, Nigeria is constantly making huge data in bitcoin interest. “If the owners of those assets reside in China, Singapore, India, US, or Kenya come and take this money, what’s going to occur to the financial system of Nigeria? There shall be a systemic collapse,” Idris told DW. That’s why Osasenaga seemed for a method to circumnavigate the restrictions set by monetary institutions. Local banks now prohibit transactions with hard currency — largely limiting clients to withdraw less than $100.
More lately, the US funding bank also introduced plans to supply an actively managed Bitcoin fund to wealthy purchasers. The transfer echoes the method of lots of the major US banks, who’ve also presented plans to enter the cryptocurrency markets, including Morgan Stanley and Goldman Sachs. Mitrobe is a Digital tech firm that amplifies the most effective improvements out of the internet through its Education, resources, signals, Investment advise, data, News, events and tech targeted platforms. Mitrobe Network Connects everyone and anything to a system of endless prospects. Binance –the world’s biggest cryptocurrency exchange, launched in 2017 and actively supporting over one hundred coins together with ETH, BCH, LTC, BTC and tons of others.
Citizens use cryptocurrencies not just for international remittances but additionally for border crossing payments. But the growth of utilizing the cryptocurrencies is facing a severe threat. No, cash don’t go down like Ponzi, and it is not in any means just like Ponzi.
From Bitcoin to Litecoin or Basic Attention Token to Chainlink, Coinbase makes it exceptionally simple to buy and promote major cryptocurrency pairs. there appears to have been a paradigm shift in sentiment towards cryptocurrencies, with countries having launched or exploring the probabilities of launching nationwide cryptocurrencies. Such a transfer means that there will likely be longevity in cryptocurrencies and the one real query cryptocurrency holders must ask is the place the dominos will fall.
We routinely take away inactive blogs and people which are no longer related to a given list. List is updated as we obtain new weblog submissions and re-ranked every few weeks. About – With over 450,000 unique visitors per thirty days, CoinSpeaker covers each facet of the bitcoin and altcoin markets, that includes a combination of regular tech wraps, daily and weekly market updates, options, interviews and much more.
A consortium of a few of the biggest names in the enterprise, including Microsoft, Intel, Chase, and J.P. Morgan are building business-ready variations of the software that drives Ethereum. With momentum and market enthusiasm behind the Ethereum project, there’s no cause to think Ethereum has run its course and traders should consider Ethereum as part of a cryptocurrency portfolio.
Russia also secretly supported Venezuela with the creation of the petro , a national cryptocurrency initiated by the Maduro government to obtain useful oil revenues by circumventing US sanctions. Atomic swaps are a mechanism the place one cryptocurrency could be exchanged directly for an additional cryptocurrency, without the necessity for a trusted third get together corresponding to an exchange. Some cryptocurrencies haven’t any transaction charges, and as an alternative depend on client-side proof-of-work as the transaction prioritization and anti-spam mechanism.
You can learn more about the requirements we observe in producing accurate, unbiased content in oureditorial policy. Any investor should purchase cryptocurrency by way of crypto exchanges like Coinbase, Cash app, and extra. Cryptocurrency blockchains are highly safe, however different aspects of a cryptocurrency ecosystem, including exchanges and wallets, usually are not immune to the specter of hacking.
The digital money’s lack of regulation has shrouded the business in tales of felony enterprise; and there’s little question that corruption, secrecy and illicit laundering play an essential half in Latin America’s adoption of cryptocurrency. Track news across more than 5,000 sources by country or business cryptocurrency news india or search our real-time news index. Experts within the monetary sector of the financial system have rolled out implications of the Central Bank of Nigeria’s, CBN directives on cryptocurrency. Bitcoin maximalists favor bitcoin over other cryptocurrencies and are unapologetically in favor of a bitcoin monopoly sooner or later.
If the algorithm does poorly, then the data scientist won’t receive any fee and will also lose their Numeraire stake, the misplaced Numeraire tokens being completely destroyed. In a bid to take yet one more leap forward, Numerai launched its own cryptocurrency known as Numeraire. Numerai initially distributed a million Numeraire tokens to 12,000 data scientists, who are then able to guess their tokens on how nicely their respective algorithms will carry out.
Now, cryptocurrency exchanges have gotten to a point the place they have almost the same degree of features as their stock brokerage counterparts. Once you have discovered an exchange and related a fee technique you might be able to go. But whereas a part of the cryptocurrency story is about misconduct and corruption, there’s real evidence that Latin America is taking crypto as a severe and viable different to traditional currency. With appropriate regulation, the area may turn into the worldwide leader of environment friendly, real-world functions for cryptocurrencies. reviews some $3 billion (R$12.5 billion) across a total of two.49 million cryptocurrency transactions, declared by taxpayers between August and September 2019.
Before that, he was a lecturer in Finance and Insurance at the University of Port Harcourt, in addition to his alma mater, University of Nigeria, Nsukka, where he obtained both BSc and MBA levels in Finance. However, the coverage was an offspring of the indigenisation coverage on the time. Nevertheless, the federal government through the central financial institution has been actively concerned in constructing the nation’s money and equity centers, forming securities regulatory board and introducing treasury instruments into the capital market. Stolen cryptocurrency could also be layered using varied schemes, traded for fiat currency, deposited in financial institution accounts, and traded for gift playing cards.
I was really excited about proffering legal recommendation in such a ‘techi’ space. I immediately, however with some help from my ‘techi’ sons launched into research into this topic. I didn’t mention the reality that it was one of my ‘techi’ sons who urged me to speculate a small amount of money within the Bitcoin, which sadly I lost and luckily had the sense not to invest my whole life financial savings.
Cyber criminals can go a size as great as prying into your digital wallet and depriving you of your cash. But with a trading platform like Binance or AvaTrade, you’re certain to easily save yourself this assault as the platform doesn’t require any wallet for its trading. We have rigorously explained and identified top cryptocurrency exchangers with excessive liquidity, you need to think about reading it to get more understanding on the subject matter. “CBN hereby needs to remind regulatory institutions that dealing in crypto-currencies or facilitating fee of cryptocurrency exchange is prohibited,” the financial institution mentioned. Central financial institution digital currencies will at some point be extra “sensible,” and not merely digital versions of cash, Yao Qian stated.
Attempts to crack down on the organisers by freezing their financial institution accounts led to the increased use of digital currencies, which saw Bitcoin trend on Twitter. A 2020 survey by knowledge platform Statista revealed that 32% of Nigerians are customers of cryptocurrencies – the very best proportion of any nation on the earth. This is an ongoing situation and we’re presently working with the CBN, regulators, and our cost partners to resolve this concern with the absolute best outcome for our Nigerian prospects. At the moment, the CBN’s circular only implies that our Nigerian clients will be unable to deposit and withdraw native currency into their Luno accounts, however their ability to really interact with cryptocurrency remains unchanged. We imagine that in the end, the very best outcome for everybody is Nigerians with the flexibility to buy, sell and store cryptocurrency freely. However, we cannot yet say exactly what’s going to happen in the long run.
Whether shopping for or promoting at certainly one of our BTMs or through our online portal, we try to offer you the simplest and safe way to purchase crypto currencies. Users of Quidax are allowed to use credit score or debit card, and bank transfers to purchase cryptocurrency. Before the ban, it had raised capital investment worth $120,000 from foreign investor, Techstars Toronto. Buchi Okoro and Uzo Awili created Quidax in 2017 to cater to the nascent cryptocurrency market then. It offered Bitcoin, Ethereum, Ripple, Litecoin and others to users thinking about trading cryptocurrency. It was not created by a Nigerian, nevertheless it operate inside the country.
CryptoGuru is a Crypto, Tech and Blockchain enthusiast reporting and covering events and tales related to crypto and blockchain in Africa. The Nigerian Finance Ministry had additionally outlined plans to work with the SEC to formulate a regulatory framework for the cryptocurrency trade. It appears, though, that this new stance by the CBN will negatively have an effect on these plans.
On 25 March 2014, the United States Internal Revenue Service dominated that bitcoin shall be handled as property for tax purposes. In Russia, though cryptocurrencies are legal, it is unlawful to really purchase items with any currency aside from the Russian ruble. Regulations and bans that apply to bitcoin probably prolong to similar cryptocurrency techniques. Jordan Kelley, founder of Robocoin, launched the primary bitcoin ATM within the United States on 20 February 2014.
The decentralised nature of cryptocurrencies makes it virtually inconceivable to cease their usage. Even though Nigeria has banned cryptocurrency, there is not a method to stop the motion of digital belongings throughout the nation as there is no central authority that points these currencies. Instead, there’s a decentralised network that operates via tens of millions of servers spread all over the world. Grayscale, a publicly traded funding management agency, launched cryptocurrency trusts, which allow institutional traders to gain exposure to digital assets. The company at present has over $30 billion of cryptocurrency property under administration, primarily owned by companies and excessive net-worth high individuals. Recently, privateness cash have been a serious focus of regulation in international locations all over the world.
With a median age of 18 years old, Bitcoin offers an simply accessible informal monetary gateway that appeals to a tech-savvy younger inhabitants. Equally, in this cohort, a excessive degree of unemployment means such teams are adept at engaged on the fringes of traditional financial buildings. In a circular, launched by the CBN, on sixteenth December 2020, International Money Transfer Operators and Payment Service Providers had been advised to “immediately stop all local currency transfers in respect of foreign remittances by way of IMTOs”.
Even if that occurs, it does not imply we’re talking about a complete new market of significance. Like, positive, NFTs hypothetically make it in order that possession of Top Shots can persist regardless of whether the company that operates it survives. But would the precise Flow blockchain survive the demise of Dapper Labs? And where would the Top Shots I supposedly own continue to be hosted?
Abubakar noted that the federal government should prioritise job creation and opening of the economy somewhat than closing it. Cex.IO presents two factor authentication in addition to a HTTPS security protocol on their site. All information on the positioning can be encrypted with SSL certificates to guarantee that your investments are secured and protected from theft. All transaction fees charged rely in your 30-day trade volume for all pairs beginning at 0.25% for maker and 0.16% for taker fee and decreases as the trade quantity will increase as much as 0.10% for taker and 0% fees charged for makers. Binance additionally employs Two-Factor authentication for its accounts and property stored are saved in chilly storages in highly secured places. There isn’t any clear calculation on how their buy and sell rates are calculated however NairaEX does take a sure proportion of each buy and promote order carried out on their platform.
Last year certainly qualifies as one of the most volatile in stock market history. Investors navigated their way through the broadly adopted S&P 500 dropping over a third of its value in about a month. They also loved a bounce-back rally for the ages, with the S&P 500 hitting new highs less than five months after discovering a bottom on March 23.
In Nigeria, Cryptocurrency is also immensely flourished and well-recognized. Almost all of the financial markets and other people involved in enterprise utilize this term and earn way more profit than plain money. Today, each country is making success within the cryptocurrency ecosystem. Cryptocurrency is a decentralized online system that uses cryptography to secure and maintain the verified transaction.
His aim is to turn this money right into a whopping $3 million by 2025, over 1 billion in Nigerian naira. WhatsApp’s new terms of service has been setting the social media world on flames of controversy. As of May 15, the appliance, owned by Facebook, was to begin out limiting the performance of WhatsApp users who have not but accepted the well-known new policy. This sent the market right into a frenzy and the bitcoin increase finally started, though a this got here with a catch as users quickly started to find the ‘darker side’ of the company’s crypto operations.
Instead it’s a proper investment software that has as many dangers as there are alternatives. This implies that any offer that guarantees you outrageous rewards like; “we’ll triple your crypto-wallet in three days,” might be one of many many ponzi schemes currently getting used to defraud folks online and must be avoided. Ponzi schemes are a delusional short-term investment program that steal from one investor to offer another, without any real profit value being gained on the actual funding sum. This however, shouldn’t be so, as a end result of despite the current CBN announcement, legit cryptocurrency transactions have not modified. You can still trade with different cryptocurrency customers on safe, publicly licensed and trusted platforms like Patricia. And now, in the wake of the CBN directive to banks, fraudulent people are leveraging the situation to spread false information and promote black market offers in a bid to rob unsuspecting users of their money.
For ether, transaction charges differ by computational complexity, bandwidth use, and storage needs, while bitcoin transaction charges differ by transaction size and whether or not the transaction makes use of SegWit. In September 2018, the median transaction fee for ether corresponded to $0.017, while for bitcoin it corresponded to $0.55. Cryptocurrencies are used primarily outside current banking and governmental establishments and are exchanged over the Internet. In March 2018, the city of Plattsburgh in upstate New York put an 18-month moratorium on all cryptocurrency mining in an effort to preserve pure resources and the “character and direction” of the town. Some miners pool assets, sharing their processing energy over a network to split the reward equally, in accordance with the quantity of work they contributed to the likelihood of finding a block.
Just think of it as shopping for land, then promoting it off after a quantity of years later. The only difference in that is that crypto investment is lots risky compared to real property. This means there’s no limit to the amount of cryptocurrency you possibly can trade or have in your wallet or send and obtain. Simply put, Altcoins are brothers and sister’s cash to the popular bitcoin. Bitcoin being the eldest in the household, all different cryptocurrencies are the youthful ones.
You might want to enter your credit card details with the exchange or online trading firm and authorize the transaction. In basic, nonetheless, it isn’t a good idea to buy Bitcoin with credit cards. Perhaps essentially the most secure way to store cryptocurrency offline is by way of apaper wallet. A paper wallet is a wallet you could generate off of sure websites.
At the same time, there is not a central authority, government, or corporation that has entry to your funds or your private data. The semi-anonymous nature of cryptocurrency transactions makes them well-suited for a host of illegal activities, similar to money laundering and tax evasion. However, cryptocurrency advocates usually highly value their anonymity, citing benefits of privateness like protection for whistleblowers or activists residing beneath repressive governments.
You could say that a lot of what we all know as money today can be largely digital. Many of you, my light readers, use bank cards for many of your transactions. In our day and age of fractional banking, much of what goes for money exists only within the ledgers of banks. This is why central bankers and excessive financiers are thought to be rainmakers.
In February, Emefiele had ruled out the central bank’s support for the digital currency, stating that it is used to fund criminal activities and no credible buyers will want to be associated with it. The U.S is amongst the countries that has allowed cryptocurrency playout. Rather than stifle its development, the US has allowed crypto exchanges to function whereas appearing as watchdog, regulating its actions because the crypto market grows. Alex Dovbnya is a cryptocurrency skilled, trader and journalist with in depth expertise of overlaying every little thing related to the burgeoning business — from price analysis to Blockchain disruption.
Whether your trying to set up your personal business or have multiple successful investments, being an entrepreneur looks completely different for everyone. However, constructing successful monetary belongings and an environment friendly business model to comply with usually has many overlapping steps. It can also be a difficult process with out the correct steering, research, help, and intelligence of influential advisors. It was extensively conceived that digital companies had been going to be the big winners from the pandemic with nobody banking on such an outstanding increase in LVMH or Gucci manufacturers in March 2020, at the premiere of the crisis. During the Investment Company Institute annual meeting earlier this week, Dimon known as on regulators to convey more oversight to the crypto business. Furthermore, authorities continue to pull their feet in relation to ruling area.
Following the outrage that greeted the incident, the CBN released a press assertion that explained the rationale for its reminder. According to the statement from Acting Director of Corporate Communications Osita Nwanisobi, banning cryptocurrency facilitation is necessary as a result of they’re used to commit crimes. It particularly mentioned terrorism and money laundering as crimes perpetrated with cryptocurrency. It also made reference to the Silk Road, the darknet site where cryptocurrency was used to buy drugs and different illicit items. As reported late last week, the Bank for International Settlements mentioned that CBDCs might be available for 20 p.c of the world’s population in the next three years. There’s already some digital framework in place, with guiding ideas and coordination across borders.
Bitcoin Cash, a fork of the unique Bitcoin project, is one to observe, as it’s the fourth-largest cryptocurrency by market cap. Another cryptocurrency with good contracts like Ethereum, and which is gaining in reputation is EOS. EOS is credited with being the first blockchain working system, offering decentralized functions that live to tell the tale the blockchain and parallel processing, enabling quicker transaction speeds and higher scalability than some rivals. Technology such as sensible contracts, present in Ethereum and several different cryptocurrencies make transactions safer by enabling a set of rules for each transaction.
Godwin Emefiele, governor of Nigeria’s central bank, which lately barred banks from serving crypto exchanges, is said to have explained the bank’s stance on cryptocurrency utilization within the nation. The US SEC’s oversight has built confidence and created a comparatively secure working surroundings where shoppers and service suppliers are adequately protected whereas improprieties are carefully monitored. This resulted in an inflow of capital to cryptocurrencies and service providers domiciled within the united states. ICE, the New York stock exchange parent firm, launched Bakkt in 2015; it enables futures trading of bitcoin and permits institutional gamers access to the market. In 2020, over $12 billion worth of bitcoin was traded through bakkt. For Nigeria to cease cryptocurrency trading inside the country, it might must shut down every server around the world that processes cryptocurrency.
The country’s Securities and Exchange Commission said in September it would regulate trade in digital currencies to provide protection for traders and to ensure that transactions are clear. A bitcoin logo sits on a LL 1800W power unit supplying cryptocurrency mining machines at the SberBit mining ‘hotel’ in Moscow, Russia, on Saturday, Dec. 9, 2017. Futures on the worlds most popular cryptocurrency surged as much as 26 % of their debut session on Cboe Global Markets Inc.’s exchange, triggering two momentary trading halts designed to calm the market. Please take note, be patient if you send out coins, especially Bitcoin and Ethereum, the network could additionally be gradual, therefore, transactions could be delayed for over an hour. In forex trading, a lot of individuals started off by trading with demo account. Unfortunately, most cryptocurrency exchanges wouldn’t have these options.
It did experienced a growth surge in 2017 and since then it has been topping the list of cryptocurrencies. In 2017, Ethereum grew by about 3,00% and in 2017, it turned the second largest cryptocurrency on the earth, only behind Bitcoin. It has been estimated that the market cap for Ethereum would rise as much as 300 billion dollars by 2020 ending. Your likelihood of making the most out of cryptocurrency trading depends largely in your trading strategy, experience and conversance with important cryptocurrency news. Generally, experts have tagged the formula of “buying low and promoting high” as the most effective strategy for reeling in substantial advantages in cryptocurrency trading.
BuyCoins was positioning itself amongst top African cryptocurrency exchanges earlier than the CBN ban disrupted its operation. It is at present the one cryptocurrency that has a direct collaborative agreement with two cellular network operators. It is presently the one crypto that works with NGOs as their trusted blockchain transaction validators. And the only cryptocurrency to allow for an in-depth examination for publication, and verification for public knowledge.


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2012 set to be the best tourist season in Croatia’s history
For the first eight months of 2012, Croatia had registered record tourism figures. “Based on the results achieved so far and announcements (for the rest of the year) this is the best tourist season in Croatia’s history,” said Tourism Minister Veljko Ostojic, adding that Croatia would be the winner in the Mediterranean according to the number of tourist arrivals.
During the first eight months of the year Croatia hosted 9.82 million visitors that generated nearly 59 million overnights, up 4.2 percent in arrivals and 5.6 percent in overnights on the year.
”The goal is to achieve or surpass seven billion euros ($8.8 billion)” in income from tourism, Minister Veljko Ostojic added. He reiterated his expectations that this year income from tourism would be 3-5% higher than last year’s.
The Croatian National Tourist Board plans next year to strengthen continental tourism, the pre and post- season, and invest more on online marketing. Investment in tourism for 2013 will total 32,686,667 euros, slightly less than the amount invested in 2012, which totalled 33,026,660 euros.
“That kind of investment is needed for our tourism, for hotels which will be precisely positioned on the market, which will raise the quality of the destination,” said the Minister.
The public and private sectors are expected to equally invest in tourism, helped by the Croatian Bank for Reconstruction and Development (HBOR) credit lines launched this year, a reduction of the VAT rate in tourism to 10% as of early 2013 and new legislation that is being drawn up to facilitate investing in tourism, the minister said.
‘Ode to Joy‘, the promotional video of the Croatian Tourist Board, won a prestigious travel industry’s ‘Oscars’ award ‘Das goldene Stadttor’ at the International Tourism Film Festival held on 8 March 2012. The festival is held annually as a part of International Tourism Fair ITB in Berlin.


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The first thing you need to do is choose a news reader, if you already don't have one. This is a piece of software that checks feeds you have requested and lets you read any new articles that have been added. There are various types of news reader. You should choose one that will work with your computer’s operating system.
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On August 20, 1968, the first Dacia-labelled automobile left the production lines of the factory at Mioveni, Arges County, Romania while today, after 45 years, the output of the Dacia automobile maker is nearing 5 million units.
According to Agerpres newswire, data with Dacia show an end-2012 output of 4.585 million units. The production capacity is 350,000 cars a year, while statistics with the Association of Romania’s Automobile Makers and Importers reveal Q1 2012 production figures of 63,735 Dacia Dusters, 62,957 Dacia Sanderos and 54, 227 Dacia Logans.
Dacia has manufactured 1.959 million automobiles of the 1300/1310 make and its hunchback and sport derivatives; 319,000 pick-ups; 38,000 Novas; 60,00 SuperNovas; 79,000 Solenzas and nearly 2.3 million Logans, Sanderos and Dusters.
According to the source, the business of the Dacia Factory and the Mioveni logistics platform generated 7.7 per cent of Romania’s 2012 exports, placing Dacia first among the exporting companies of the country. In 2012, 93 per cent of Dacia Automobile Factory’s output was bound for exportation.
At the same time, nearly 70 per cent of the output of the Mechanical and Chassis Factory is also bound for exportation to Renault Group companies. Over 7.5 million cubic metres of spare parts have been bound for exportation via the Dacia Logistics Directorate since 2005. Business review Romania
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MALAYSIA : During the third week of December 2021, Malaysia experienced widespread flooding in many states in Peninsular Malaysia. This was caused by a record heavy rainfall, with Port Klang being the worst hit by the floods after heavy rain.
The oil palm estates in Pahang and Selangor, which contributed around 18.5% to total crude palm oil production in the country in 2021, were the worst-affected states. As a result, Malaysia’s palm oil exports during 1-20 December fell to 1.01 million tonnes, a decline of 4% from the same period in November.
Port Klang exported about 20% of the total Malaysian palm oil in 2021. However, we estimate exports to decelerate in January 2022, as port operations are still disrupted. Moreover, floods have wreaked havoc on the harvesting, transportation and processing of palm oil, in turn, curbing its supply.
Some vessels are likely to be delayed in January amid the port disruption. According to our AIS data, 21 chemical tankers have been waiting or berthing at Port Klang since 17 December. Moreover, three vessels changed their destinations to other ports. Earlier, the waiting time before berthing was two days which has been extended to four-five days. Meanwhile, 12 out of 21 vessels calling at the port are below 15kdwt, which are unlikely to affect regional freight rates and vessel supply, but this delay will disrupt the supply chain. We expect the delays at Port Klang not to extend beyond the first half of January.
Vessels currently waiting at Port Klang
Source: Drewry AIS


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Driven By Demand: Dubai-Based Logistics Tech Startup One Click Delivery Services Sees Surge In Growth Amid The COVID-19 Crisis "Our goal was never to simply create a software, sell to our clients, and stopping there. It was creating an entire last-mile delivery ecosystem."
Opinions expressed by Entrepreneur contributors are their own.
You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.
The spread of the coronavirus and sweeping policy measures taken by various governments have led many industries into unchartered territories. We've seen tourism, airlines, electronics, and many other industries hit by the COVID-19 crisis, but there's been an unprecedented growth spike in the online food and delivery industry. As consumers globally have been either mandated to stay home or have chosen to do so, they have resorted to ordering food, groceries, shopping, and other essential needs online.
Due to the surge of online shopping, many delivery services and solutions companies are thriving during this pandemic. KPMG Lower Gulf's latest report, Navigating The Pandemic, has revealed that among the strong performing sectors, online retail, particularly of groceries, has witnessed significant growth. Grocery retailers witnessed a 20% to 40% increase in sales during the first half of March, compared to the same period last year. Online marketplaces also saw surging demand, particularly for laptops/tablets, and gym equipment.
One Click Delivery Services, one of the fastest growing regional technology companies specializing in last mile, is currently experiencing a sharp spike in demand for fleet and fleet software management, in order to respond to their clients' high demand of food and groceries orders. "With restaurants and retail stores changing their business model to deliveries, we are facing a surge in delivery demand, which has led us to increase our fleet capacity by 14% in under one month," says Hassan Hallas, co-founder and CEO of One Click Delivery Services. "The verticals operating more than others are the delivering necessities, such as grocery stores and pharmacies. Restaurants are also operating well, as customers still want to enjoy their favorite meals, even when the dine-in option isn't available (with the exception of a few restaurants)."
With health and safety being a concern to all customers, all delivery services have introduced measures to deliver goods safely. In the case of One Click, Hallas explained how his enterprise has taken extra measures to ensure that their last mile delivery goes smoothly. "We have a great responsibility of protecting all customers and riders, so we have implemented strict hygiene protocols that all riders must abide by," he notes. "It starts at the warehouse, where all the disinfection begins. This, of course, is additional time and work from our side– but this is the way things must be done. Riders then must have their vehicles deep cleaned, and also continuously sanitize their hands and change their masks and gloves multiple times. We are working as hard as we can to be as hygienic, fast, and efficient as possible to keep our and everyone else's business going."
A member of One Click's fleet.
One Click Delivery Services aims to develop solutions that cover the entire last mile delivery phase, with its end goal being to become a one-stop shop for all last-mile delivery phases, ultimately changing the last-mile delivery landscape through digitization. "To keep our clients satisfied, we are keeping their customers happy by executing deliveries rapidly and safely," Hallas says. "Our strong technology is enabling them to manage fleets easily and efficiently, especially in such times of high delivery. Every one of our solutions facilitates a specific element of the last-mile delivery, from fleet management and data collection, to client acquisition and more. We aim at becoming a one-stop shop for all last-mile delivery phases, ultimately changing the last-mile delivery landscape through the digitization of every angle."
One Click's efforts in this arena can be perhaps best seen in its software-as-a-service (SaaS) solution, nGage, a game changer for the logistics industry, which makes the company especially stand out from the rest of the competition in this market. "nGage last-mile delivery is a SaaS that our clients are provided with to manage their fleet and track package deliveries in real time, optimize routes, get all the necessary information about fleet activity, and much more," says Zeid Abu Ennab, Senior Director – Brandware and SaaS, One Click. "It gathers all last-mile delivery elements information into one comprehensive and user-friendly software. Clients no longer need to take orders and assign drivers for deliveries manually. Orders come through the software and riders/drivers are immediately assigned to pick them up, and are given the best route to take with the help of the GPS."
Apart from nGage, One Click is also planning to introduce a new ground-breaking technology called Brandware, which can dynamically and digitally updates the look and feel of your fleet and delivery specialists. The patented technology includes uniforms with digital panels, as well as delivery boxes and backpacks with digital panels. "Our goal was never to simply create a software, sell to our clients, and stopping there," Hallas explains. "It was creating an entire last-mile delivery ecosystem. Our software provides us with particular data, which is later utilized for the creation of another solution, useful at a later stage– in a domino-like effect."
With the COVID-19 pandemic changing how every industry operates, One Click's flexibility allows them to adapt and evolve to provide the right solutions for their clients. "Our flexibility is our "secondary USP.' The blend between our technology, and the brains behind the technology. We are proud of our management's agile approach to challenges. Our team does not turn away any client, no matter what the size of their business is. We custom make solutions for all clients, create new services, and find ways to solve their challenges," Hallas concludes.
This article was originally published on Construction Business News Middle East and has been reposted on Entrepreneur Middle East based on a mutual agreement between the websites.


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Intel CES 2016
Sports and gaming
Intel CES 2016 – Intel CEO Brian Krzanich kicked off the CES 2016 keynote announcing partnerships with ESPN, extreme sports broadcaster Red Bull Media House and the X-Games to use the firm’s RealSense 3D cameras and Curie chips.
RealSense is a technology Intel released in 2014. It’s a camera that can capture and render 3D images. Using the RealSense 3D scanner, you can scan yourself, capture your image and insert yourself in the game.
Intel first showed its Curie chip at CES last year. Curie will be used to show rotations, G-force and other stats at the Aspen Winter X-Games next month. Curie will be mounted on snowboards used in the competition, and transmit data about athletes’ performance such as how high they jump and how far they rotate. The information will be displayed on TVs at home as people watch the broadcast.
According to Brian Krzanich, it’s like a sport, and you can feel it, see it, and experience it, and Intel wants to offer a sensory experience, to deliver more performance and more sensation than before.
“We’re changing the experience and making you the director,” Brian Krzanich said. He also announced that Intel’s button-sized Curie chip will finally ship in volume in the first quarter of this year at less than $10 (£6, AU$14).
Intel and Oakley made voice-activated sports glasses
Intel also unveiled a voice-activated sports glasses made by Oakley. Oakley sports glasses, complete with the earpiece, come with a built-in running and exercise coach that talks to you as you work out. Dubbed the Radar Pace, the Oakley sports glasses will use cameras, sensors and more to monitors your performance as you go. Intel says the sports glasses will launch in late 2016.
For anyone that wants to improve their well being how cool would it be to have a coach right there with you,” Brian Krzanich said.
Intel Daqri Smart Helmet Provides X-Ray Vision
Intel also unveiled the Daqri Smart Helmet, a helmet developed by Daqri, the Augmented Reality company that is transforming the future of work, that uses Intel’s RealSense 3D camera to offer a form of augmented reality.
Powered by the Sixth Gen Intel Core m7 processor, the latest version of the Daqri Smart Helmet now has five times the processing power and improved depth sensing capability, making it the most powerful Augmented Reality wearable device on the market.
“Intel is transforming industry with its advanced technologies. Intel powers some of the world’s most impressive products and, with the addition of its latest processor and RealSense technology into Daqri Smart Helmet, we introduce the most advanced human-machine interface to the market,” said Daqri founder and CEO Brian Mullins. “We have already demonstrated how the use of Augmented Reality hardware and software solves problems for our partners and, with the addition of Intel technology, we are supercharging Daqri Smart Helmet so that we can continue to drive the future of work.”
“The future of smart and connected devices includes Augmented Reality,” said Bridget Karlin, managing director of Intel’s IoT Strategy Office and CTA board member. “The Daqri Smart Helmet is a great example of integrating the advanced human-machine interface into existing devices to make something smart and solve a potential problem.”
The Daqri Smart Helmet begins shipping today. Pricing was not revealed.
Intel unveiled a Hoverboard Butler
Intel showed off a robot, Hoverboard Butler, built in partnership with Segway. The Hoverboard Butler is powered by the Intel’s RealSense technology.
The Hoverboard Butler (hoverboard robot) can be ridden like a handleless Segway, holding it steady between your legs, travelling up to 30km at speeds of up to 18kph. On arriving at the destination, the device turns into a self-balancing robot, with a screen for a head, and arms.
The Hoverboard Butler (hoverboard robot) will make sure you don’t get bored while you enjoy your solo time, it will talk with you or it can welcome your guests with its small hands. During the demo, once the arms were attached, the robot cutely replied – “Are those my arms? Awesome!”
The Segway Robot software is set to be released to developers in the second half of this year.
— CES (@CES) January 6, 2016
Yuneec Typhoon H drone uses Intel technology
Yuneec, which is doing its best to compete with DJI, has a new hexacopter under its Typhoon line of drones. The Yuneec Typhoon H drone uses the Intel’s RealSense technology. According to Brian Krzanich, the integrated RealSense camera will let the Yuneec Typhoon H drone automatically spot and avoid objects. It has the most advanced collision detection system.
The Yuneec Typhoon H drone can records video at up to 4K quality and captures still images at 12-megapixel resolution. It will come with a 7-inch Android-based ST16 controller with it. The Yuneec Typhoon H drone’s biggest advantage here might be price and the ability to sense and avoid.
The Typhoon H drone will be available in the first half of this year at a price of $1,799 in a ready-to-fly configuration. That’s a full $1,100 less than the price of the DJI Inspire 1.
The Yuneec Typhoon H drone is a big aircraft, so you’ll need to register with the FAA if you want to fly it in the U.S.


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PS4 Offical bundle preorders before Christmas?
Amazon France listed a PS4 Killzone bundle with the eye and extra controller bundled in. Do we think that Sony is going to actually put official bundles up for preorder? Every tech site reported the bundle then nothing since.
Would prefer to preorder a decent bundle over just the console.


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INDIA gold, silver coin sales surge 40% on festive demand
New Delhi-India (Oct 27) The sale of gold and silver coins peaked in India on the occasion of Dhanteras-considered as the most auspicious day to buy gold. MMTC-PAMP-the country’s leading gold and silver refining and minting facility, stated that its entire inventory of gold and silver coins minted for sale during Diwali has been sold out.
According to Vipin Raina, President-Marketing, MMTC-PAMP, the company had minted 1.5 lakh pieces of Silver coins and 25,000 pieces of gold coins this year. This included normal coins as well as Royal Mint's gold and silver Sovereign commemorative coins. The entire stock has been sold out on the very first day of Diwali, Raina added.
The retail coin sales remained buoyant this year. This is mainly on account of much lower gold prices when compared to Dhanteras 2013. The gold prices are currently ruling almost 11% lower at Rs.27, 925 per 10 grams as compared with the prices of Rs 31,300 during Dhanteras last year.
The total sales of gold and silver coins spiked up by 40% over last year.


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Sports Direct laments failed bid to buy Blacks after rival JD Sports muscles it out of deal
Sports Direct has cried foul after it lost out to rival JD Sports Fashion in a bidding war to buy troubled Blacks Leisure.
The retailer, founded by Newcastle United owner Mike Ashley, said it was disappointed by the outcome and accused suppliers of obstructing its own pursuit of the outdoor clothing retailer.
JD Sports confirmed last night it had bought Blacks Leisure's 290 stores for £20million in a pre-pack administration deal which will protect some 3,500 jobs.
Probe demand: Sports Direct called for an Office of Fair Trading investigation into the outdoor and sports retail markets
But Sports Direct pointed out its own bid for Blacks Leisure in 2010 was dismissed as 'inadequate'. The total Blacks share value written off amounts to £52.6million, it said.
In addition, Sports Direct said it was unable to offer a higher price for Blacks because suppliers, such as The North Face, would not return its calls to confirm whether they would continue to supply the chain under Sports Direct ownership.
Sports Direct called for an Office of Fair Trading investigation into the outdoor and sports retail markets to ensure they are operating in the best interests of the consumer.
The North Face was not immediately available for comment.
Sports Direct has a fractious history with Blacks Leisure. Before Blacks fell into administration, Sports Direct was the largest shareholder with a stake of around 22.5 per cent.
As well as its failed 2010 bid, Sports Direct turned down an appeal for an equity fundraising on more than one occasion and was behind the removal of David Bernstein as chairman last summer.
Sports Direct said the loss of share value would have no impact on its previous guidance for the business and hitting its bonus share scheme targets.
As well as Sports Direct, JD Sports, whose largest shareholder is Berghaus owner Pentland Capital, beat Dragons' Den star Peter Jones and outdoor retailer Trespass to land the stores.
Blacks appointed KPMG as administrator earlier as it admitted it had failed to find an outright buyer after putting itself up for sale following dire trading.
JD executive chairman Peter Cowgill said he hoped to restore Blacks to its profitable, market-leading position as it rejuvenated the offer, closed loss-making stores and made cost savings.
The deal means that the stores, the stock, and the brands including Eurohike and Peter Storm will be transferred to JD Sports but its debts of more than £30million will be scrapped.
The process of selling businesses through pre-pack administrations is controversial because creditors do not have the opportunity to vote against the proposed asset sale.
Shares in Sports Direct are down 0.35p at 233.45p while JD Sports' stock is 22.75p higher at 722.75p in late morning trading.
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Hologram Science, a consumer-focused healthcare technology company dedicated to creating personalized holistic nutrition solutions, has established a strategic partnership with Haleon, a leading company. consumer health world.The collaboration focuses on innovation to address consumer health concerns in areas such as healthy aging.The partnership will also leverage Hologram Science’s unique personalized nutrition innovation, as well as Haleon’s trusted scientific and human insights.
Companies will work together to create and test new personalized, consumer-centric, and results-driven healthcare concepts.Hologram Science helps people improve their health and well-being through innovative personalized nutrition solutions.Backed by Royal DSM, Hologram Science brings together the latest evidence-based supplements, pioneering technology and habit-building techniques to create holistic, truly personalized services that promote and foster deep and lasting relationships with consumers.Hologram has launched two brands, d.velop, which focuses on immune health, and Phenology, the first brand in women’s health. He also has a strategic partnership with the human performance company Momentous. Together, the companies will explore business opportunities in the United States that focus on unmet consumer needs by finding meaningful ways to satisfy them under global brands. Haleon’s flagship.The collaboration between Hologram Science and Haleon will also include co-development of additional concepts in the future to provide more comprehensive, science-based and personalized solutions that allow everyone to achieve their personal health goals.
“We are excited to enter a strategic partnership with Haleon, and the beginning of a sustainable, long-term collaboration to enhance consumer experience and outcomes across categories,”
“Haleon’s market-leading brands in consumer health and wellness, plus their deep consumer insights combined with the trusted science behind the products are ideally suited to our expertise in rapid concept development of holistic health and wellness solutions.”
Ian Brady, CEO, Hologram Sciences.
Haleon aspires to bring better health to mankind every day. Haleon’s product portfolio includes five main categories: oral health, pain relief, respiratory, digestive and other health, and vitamins, minerals and supplements (VMS).
“We are excited to explore together new and different ways we can deliver better everyday health,”
“The partnership with Hologram Sciences will enable us to discover more consumer-centric and agile approaches to provide personalized experiences for our consumers as they navigate their wellness journeys and aspire to maximize their healthspan.”
Andrea Barath, Senior Director, US Incubator Lead, Haleon.


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CEO Allan Jones Pulls Ads, NFL Loses First Sponsor-Truth!
Summary of eRumor:
Allan Jones, the CEO of Check into Cash and Hardwick Clothes, said he’d pull ads from NFL broadcasts and that on-air talent wouldn’t wear suits made by his company, Hardwick Clothing, during games because of unpatriotic player protests.
Allen Hardwick has publicly stated that his companies won’t advertise during NFL broadcasts, and that on-air talent won’t be wearing Hardwick Clothing suits in the future, because of “unpatriotic” player protests during the National Anthem.
Jones, a vocal supporter of President Trump, made the announcement via Facebook after Trump called on NFL owners to fire the “sons of bitches” that protest racial inequality by kneeling during the National Anthem in September 2017:
Jones’ public announcement led to widespread reports that the NFL had lost its first sponsor over National Anthem protests. And, what that appears to be true, it’s not clear how much support Jones’ companies were providing to the NFL for the 2017 season to begin with.
In the post, Jones includes a screenshot of an email to his ad agency stating “please remove all commercials for Check Into Cash, Buy Here Pay Here USA, or US Money Shops from airing during NFL games this entire season.” But Jones declined to provide details about how many ads, if any, the agency had purchased on behalf of his companies before his order.
Jones also concludes the post by stating, “don’t look for Hardwick on the NFL either.” That’s in reference to an agreement with NBC in which Hardwick Clothing provided apparel for on-air talent during NFL broadcasts. That agreement, however, ended more than a year before Jones made the announcement in 2017.
Hardwick first announced in 2015 that it would dress NBC’s on-air talent during NFL broadcasts for 16 weeks of the 2015 season, the Cleveland Times Free Press reports:
Hardwick officials say NBC talent will be wearing Cleveland-made suits, slacks and blazers for the next 16 weeks during NFL broadcasts.
“It’s huge for the brand,” said Jake Cremer, director of brand and digital strategy at Hardwick. “This is really our first opportunity on a national stage for wardrobe.”
Cremer said Hardwick started out providing wardrobes for NBC during hockey telecasts earlier this year, and through that agreement fostered a good relationship with the network, which led to Hardwick becoming the clothier of choice for NBC’s big-time pro football broadcasts.
By 2016, however, David Donahue had replaced Hardwick Clothing as the provider of clothing for NBC broadcasts during the 2016 and 2017 NFL seasons. Hardwick, meanwhile, provided clothes for NBC’s on-air talent during the Summer Olympics in Rio. We couldn’t’ find any evidence that Hardwick had moved back to NFL sponsorship after that.
In conclusion, it’s true that Allan Jones announced he was pulling his companies’ ad support and clothing from NFL broadcasts because of unpatriotic player protests. It’s just not clear how much support there was to begin wth.


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British Gas parent Centrica will stoke public anger over energy firm profits tomorrow when it reveals another jump in annual profits just months after hiking customer bills.
The City is predicting the group's British Gas residential arm will deliver profits of £598 million, up from £544 million in 2011 after last year's colder-than-normal weather provided a boost.
Its results come amid mounting questions over the fairness of energy prices after British Gas increased tariffs by 6% for around 8.5 million households at the end of last year.
Centrica has already sought to head off consumer backlash by flagging up its importance to the UK economy after publishing a report at the weekend claiming it contributes more than £14 billion through taxes, job creation and contracts with small suppliers.
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AMC Stubs A-List is now the top movie ticket plan in the US
The less than a year-old platform has already hit the 800,000 subscribers mark.
Sinemia's theater subscription shuts down in the US
It couldn't outlast MoviePass.
Infinity is the latest attempt at a movie ticket subscription
Another movie ticket subscription service is coming to you.
MoviePass founder's next big idea: Free movie tickets for watching ads
PreShow could open up cinemas to entirely new audiences.
MoviePass to offer its original $9.95 unlimited plan for a limited time
But you’ll have to pay in advance.
MoviePass' 'day to day' leading exec resigns after a few months
As its parent company revealed Q3 revenue was lower than reported.
MoviePass rival Sinemia offers more flexibility with rollover tickets
The movie ticket service also cut some of its monthly subscription prices.
MoviePass is planning to relaunch an unlimited movie plan
No price has been announced for the cap-free subscription.
MoviePass Films signs Bruce Willis for three-movie deal
The first film, 'Trauma Center,' starts filming in February.


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The Bank of England’s governor has suggested the threat of UK inflation is being underestimated, as he stressed that the Prime Minister declaring victory over his inflation target is not to do with policymakers.
Andrew Bailey said the Bank’s decision-makers are more concerned about the persistence of inflation than the financial markets appear to be.
He told MPs during a Treasury Committee session: “I really think the market is putting too much weight on the current data releases and the fact that we’ve seen inflation come down quite rapidly – that’s good news obviously.
“We are concerned about the potential persistence of inflation as we go through the remainder of the journey down to 2%, and I think the market is underestimating that.”
Consumer Prices Index (CPI) inflation fell to 4.6% in October from 6.7% in September, according to official figures.
It prompted the Government to claim that it had met its inflation target early, having pledged to bring down the level to below 5.4% by the end of the year.
Inflation will continue to ease, particularly food prices, but not the extent seen last month, Mr Bailey said.
The governor’s remarks follow him declaring it is “much too early” to say inflation has been beaten, and to start talking about cutting interest rates.
Members of the Monetary Policy Committee (MPC) voted to keep rates unchanged at 5.25% earlier this month, keeping them at the highest level since 2008.
The four policymakers attending the session were asked by MP Dame Angela Eagle: “There have been claims in some places that the Prime Minister personally is responsible for halving inflation, do you agree with that?”
Mr Bailey said: “The Government and the Prime Minister adopted a target, it’s not our target, I must be very clear on that.
Asked who is responsible for inflation coming down, he said: “It’s very clear, the Bank of England is responsible for that.”
Elsewhere in the session, Mr Bailey said the Bank was not seeing a collapse in the supply or demand of credit despite the uncertain economic backdrop.
He told the committee: “For both corporate and household sectors, at the moment, we are seeing some signs of small pick-ups in arrears and some weakening in demand for credit, but from a low level.
“We are not seeing a collapse in either demand for credit or the ability of the financial system to supply credit.”
Deputy governor Dave Ramsden cautioned that inflation in the services sector needs to fall significantly in order for overall inflation to meet its 2% target rate.
He said: “We do think services inflation will subside through next year.
“And it needs to subside through next year because services inflation above 6% is not consistent in getting headline inflation back to the 2% target.”


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Southern Spirits cuts ribbon
One of Richmond Hill's latest businesses, Southern Spirits, located in the Publix Plaza, held a ribbon-cutting July 29 to mark their opening
Owners, Stephen Stafford and Lina Kouchpileava, speaking of their venture located in the Publix Plaza said that they are excited to serve the Richmond Hill community.
Stafford, a Georgia native, grew up in Hinesville and attended Georgia Southern. Before moving to Richmond Hill, Stafford spent his adulthood in Ludowici.
Kouchpileava recently moved to Richmond Hill from Albany, N.Y., where she has been in the liquor business for over 20 years.
Southern Spirits is a family run business carrying an assortment of domestic and imported beers. Wine lovers can choose wines from California to France. The store also features a large selection of liquors.
Southern Spirits is located at 12750 Hwy. 144, in the Publix Plaza.
For more information call 459-0092.