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The dark pool indicator alerted in CUB stock on July 2, 2020. This was unusual dark pool activity in the stock.
Make sure to review the lesson on dark pool indicators so that you understand the chart above and what is going on.
On June 30, 2020, Cubic Corporation (NYSE:CUB) announced its Cubic Transportation Systems (CTS) business division, the world’s leading fare collection solution provider, is expanding its partnership with Moovit – an Intel company, a leading Mobility-as-a-Service (MaaS) solutions company and the maker of the number one urban mobility app – to further co-develop mobile experiences that enable travelers to ‘look, book and pay’ for multi-modal journeys. This expansion follows the initial partnership announcement in January 2020 integrating Moovit’s MaaS APIs with Cubic’s Traveler app.
The two companies are now bringing their collaboration to Cubic’s advanced market-leading MaaS offerings for public transit agencies of any size. These solutions include Cubic’s account-based Urban Mobility Back Office; cloud-based ticketing solution, TouchPass; real-time passenger information system, NextBus; loyalty, incentive and advertising platform, Cubic Interactive; and Cubic’s MaaS Marketplace.
The extended partnership will leverage Cubic’s innovative mobile payment and fare collection technologies, and Moovit’s robust multi-modal journey planner to create a platform that offers travelers a seamless and frictionless mobile experience. This includes planning, ticketing and fare collection, step-by-step journey guidance and more. The platform is built to grow public transit ridership, reduce congestion and improve the travel experience, by also integrating real-time arrival information, digital engagement and incentives, and operator intelligence. The platform also includes robust customer communications tools, empowering agencies with the ability to communicate with their ridership via targeted in-app messages and push notifications.
The new solutions and platform will be made available to existing customers of Cubic and Moovit – enriching the user experience for both – and will also be promoted into new markets collaboratively.
“We are excited to further collaborate with Moovit in offering digital solutions that will redefine the future of urban mobility for travelers around the world,” said Jeff Lowinger, president of Cubic Transportation Systems. “As digital, mobile and platform technology continues to change the transportation landscape, we will deliver seamless, user-centric solutions that will improve the way travelers move through their cities.”
Enhancements will be made to Cubic’s mobile user experiences by leveraging Moovit’s urban mobility and transit data expertise combined with Cubic’s vehicle- and agency-generated real-time transportation data. Additionally, enhancements to Cubic’s TouchPass Fare Collection-as-a-Service digital platform will include an integrated look, book and pay functionality.
“Currently, the trip planning and payment process of public transportation is largely disjointed, resulting in rider confusion and uncertainty,” said Nir Erez, co-founder and CEO of Moovit. “Enabling people to plan and pay for mobility services – through one app – makes getting around much easier, and will help shift them from using private cars to public and shared transportation. We look forward to growing our partnership with Cubic and co-creating solutions to make transit frictionless for riders everywhere.”
On June 29, 2020, Cubic Corporation (NYSE:CUB) announced its Cubic Global Defense (CGD) business division has partnered with Carley Corporation and Northrop Grumman (NYSE: NOC) to pursue the U.S. Navy’s potential $93 million Indefinite Delivery/Indefinite Quantity (ID/IQ) contract for the design, development, testing and delivery of products in support of the Fiscal Year 2021 (FY21) Ready Relevant Learning (RRL) Content Conversion (CC) program.
The Cubic-led team will use innovative instructional systems design, systems engineering and training assessment approaches in conjunction with new and modernized technologies to support ratings-accession training while simultaneously supporting the broader Sailor 2025 (S2025) overarching goal of improving Sailors’ transfer of training to the operational work environment. The FY21 RRL CC program falls under the ‘Ready, Relevant Learning’ pillar of S2025, which focuses on learning continuums where training is delivered by modern methods to enable faster learning, more effective knowledge retention and delivery for Sailors.
“Cubic is proud of the substantial confidence the Navy has shown in our team through the multiple programs we execute every day in support of Sailor readiness,” said Mike Knowles, president of Cubic Global Defense. “We believe our team’s experience supporting the Fleet, our application of learning strategies and advanced content development tools will accelerate Sailor learning at the point of need. The team includes multiple small businesses and collectively, we have recent and relevant experience supporting all of the program’s cross-warfare ratings.”
The Navy’s S2025 program is designed to improve and modernize personnel management and training systems to effectively recruit, develop, manage, reward and retain future forces. The Navy issued the solicitation in June for the S2025 FY21 RRL CC contract, it is expected to be awarded in March 2021.
On June 22, 2020, Cubic Corporation (NYSE:CUB) announced its Cubic Transportation Systems (CTS) business division is partnering with InComm, a leading payments technology company, to provide a nationwide network of stored value reloads for transit agencies. Through this partnership, all transit agencies utilizing Cubic’s TouchPass solution will be able to leverage InComm’s retail network to establish a broad, fare product sales program in their service area that includes national and regional chain stores as well as local merchants, while avoiding all the headaches of creating, managing and servicing the program.
The integration of TouchPass with InComm’s retail network gives travelers the ability to use cash and other forms of payment to purchase stored value to pay for public transit at tens of thousands of retail locations throughout the United States. It will also give unbanked or underbanked transit riders the opportunity to take advantage of the full benefits of the TouchPass system, including fare capping, without the need for a credit or debit card.
“We are very pleased to collaborate with InComm to improve the operations of transit agencies of all sizes and in turn, create more convenient travel experiences for transit riders,” said Doug Thomas, product unit vice president, Cubic Transportation Systems. “The integration of InComm’s retail network further enhances our robust solution and gives agencies using TouchPass another convenient feature without requiring additional agency resources.”
Cubic’s TouchPass is a full-featured electronic fare collection solution provided as a service for transit agencies of every size. Built for online, real-time fare payment processing, TouchPass offers online and mobile transit account management and fare product purchasing as well as fare payments functions using a variety of fare media.
“The InComm retail network was designed to provide our clients and their customers with instant access to over 55,000 retail locations across the U.S.,” said Michael Herold, vice president of business development, InComm. “For public transportation agencies, it is an ideal way to supplement their Title VI inclusivity programs, ensuring broad, local and convenient access for passengers to add value to their TouchPass accounts.”
The integration of InComm’s retail network gives transit agencies the ability to offer more convenience for their cash-preferred travelers. By signing up to use the service, transit agencies can give passengers convenient access to locations near their homes and workplaces where they can add stored value to their transit accounts for use on public transportation.


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The European Commission released its latest medium-term outlook for the Agriculture sector this week.
The report suggests that there may not be a significant recovery in farmgate milk prices until 2021.
The Commission says in 2016, dairy commodity prices are expected to recover ‘only slowly’ from the current lows, because world supply is expected to continue growing and stocks have accumulated.
It says the expected decrease in production in New Zealand, driven by unfavourable weather conditions and very low prices paid to farmers, might help prices to pick up faster.
However, given that it takes two to three months between changes in commodity prices feed into changes in the price for raw milk, the EU milk price is not expected to increase significantly in 2016.
The Commission forecasts that until 2020, the average EU milk price is expected to oscillate between 32c/kg and 33c/kg.
It notes that this projection is lower than last year’s but energy and feed costs are also expected to be lower.
After 2021, the Commission says the milk price is expected to increase, along with dairy commodity prices, the oil price and feed costs.
The report also says EU milk deliveries are expected to grow by 0.9 % per year, i.e. close to 15 million tonnes over 10 years, of which less than 3 million tonnes will be in the new EU member states.
It says the steepest increases in deliveries are expected in Ireland, Poland, Denmark, Estonia and Latvia. In Germany, France, the UK and the Netherlands, deliveries should follow the EU average.
According to the report, these nine countries are projected to account for 74% of EU production in 2025, as compared with 72% in 2015. As a result, it says the concentration of milk production is expected to be rather limited.

domain: news


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'There's no loyalty, it's so fickle'
JUSTIN GIBBS was made redundant amid the turmoil of a merger between two City investment banks, parting company with the French investment bank Banque Paribas when it merged with Banque Nationale de Paris two years ago.
Gibbs, 33, used to be a share dealer. 'It was a buzz. But it's not your own money.'
He admits missing the high income of a City job and other perks like health care and the bonuses. But he says: 'The worst thing about the City is that it is fickle, short-term and with no loyalty from company to employee or employee to company.'
Gibbs set up Live-Ex, or London International Vintners Exchange, essentially a market in fine wine, with business partner James Miles, a former equities analyst, who was also made redundant by Paribas. The business now employs four people and is close to break-even. Vintage wine dealers use Live-Ex to trade cases typically costing £400 or more.
'This is more exciting. It's a roller-coaster. It's a great pleasure waking up in the morning,' he said.
With Live-Ex there's the satisfaction of creating a real business. 'In the City you're always leaving a vacuum behind you.'
Their commute is shorter too: Gibbs gets to their Battersea-based business work in 20 minutes on the bus, while Miles is there in five minutes on foot. The City journey took anything up to an hour.
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LG Electronics expects to report a sharp drop in Q4 operating performance, and while the company did not cite a reason its struggling mobile business appears to be the main culprit.
The company predicted a Q4 2016 operating loss of KRW35.3 billion ($29.6 million) compared with a prior-year profit of KRW349 billion, on revenue which increased 1.5 per cent year-on-year to KRW14.8 trillion.
LG previously said its mobile focus during Q4 was on maximising sales of its V20 high-end device and mid-tier smartphones, while also completing “business improvement activities” in the unit.
Although the company’s revenue was boosted by the lucrative Q4 holiday sales period for its home appliance and entertainment businesses, the rise was accompanied by increased marketing costs in these competitive markets, which is also likely to have dampened profitability.
In previous quarters, profit from LG’s other businesses more than offset weakness at its mobile division.
A Wall Street Journal report earlier this week said LG’s next flagship smartphone will drop the modular design of last year’s G5 (pictured) which, while being innovative in a market sector characterised by incremental improvement, failed to find significant success with buyers.
The report also said the consumer electronics giant was not looking to split out the mobile unit, despite its recent poor performance.


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I have three domains for sale on sedo:
Microsoft, along with other companies, brands and celebrities, has decided it would be smart to snap up .porn and .adult domains before they fell into the hands of trolls.
For example, Microsoft has already registered Office.porn and Office.adult, according to Stuart Lawley, CEO of ICM Registry, which operates the .porn and .adult top-level domains.
Debian Wheezy. Squid3. SquidGuard.


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During the fall of 2019, partners Ashley and Jackie Schultz-Barkley unintentionally got into the balloon business.
The pair had just gotten married and they posted a picture of their homemade ballon garlands from their ceremony on Facebook.
“We made a few garlands and then we kind of we didn’t want anything to go to waste, so we put them on Facebook,” she said. “And people started asking for different colors and we’re like, ‘okay, I guess we could make that.’ And it just kind of grew from there.”
Rocky Mountain Balloons was born. The couple operated the business out of their living room for several months before moving into a shared storefront with Happy Hour Homemaker and Coffee Plant Repeat in Downtown Meridian. Now, after a successful year, Rocky Mountain Balloons will move into its very own space across the street at 133 E. Idaho Ave.
“Recently we saw the space across the street and we always loved it, we never went inside and once we did we just kind of fell in love with it,” she said. ”(We thought) that will be a perfect place to start our own kind of ordeal.”
The idea behind Rocky Mountain
Schultz-Barkley decided on the name Rocky Mountain because of the area, the garlands and the biodegradable products they sell.
“All of our florals and greenery are real, we don’t use faux anything. All of our balloons are biodegradable, except for the foil balloons that people ask for,” Ashley said. “But we do try to reuse those to kind of be conservative… or environmentally friendly.”
The company aims to make balloons “gorgeous” and make them something that could truly be displayed at a wedding or special event.
“I don’t think of balloons at a reception or wedding, that’s not something you think of,” she said. “You think of birthdays and gifts. But it was pretty for what it was, but we didn’t know that it would grow to what we have now. Not to just speak of our own work, it’s really gorgeous work… But we really tried to convey like a modern aesthetic with it something that you wouldn’t mind having in your ceremony.”
After finding success in the balloon business, the couple recently launched Ash + Jack Party Supply, which offers party supplies, gifts and stationery. You can shop here or at the Rocky Mountain Balloon shop.
“So all the items are women-owned, women-made, or made by people of color. It’s been fun, it really has,” Ashley said. “You know we don’t have kids yet or anything like that so it’s like, okay, we could help everyone else in the Treasure Valley with their special occasions and celebratory reasons. A way for us to be a part of everyone’s party.”
When COVID-19 hit, Ashley was working at Urban Outfitters. But when her team was furloughed, the couple thought about what they could do while “waiting for the world to start back up again.”
“So we kind of transitioned from just doing events to gifts as well; something that you could have dropped off at your door contactless so people really took onto that really well,” Ashley said. “Especially since they couldn’t really celebrate the way they used to with large parties and groups. They would try to make those moments a bit more spectacular.”
On June 4 and 5, Rocky Mountain Balloon will host a grand opening at their new location.
“I’m a veteran,” Ashley said. “So to support our veterans, we offer a veteran discount, as well as a community discount towards nonprofits.”


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Xiaomi finally launched Redmi Note 7 under its new 'Redmi by Xiaomi' sub-brand. Redmi Note 7 display a waterdrop-shaped notch, dual rear camera setup, along with a 48-megapixel camera
Chinese smartphone maker Huawei on Thursday launched its Y9 (2019) smartphone with a 6.5-inch screen and quad camera in India in Midnight Black and Sapphire Blue colours.
Vivo Carnival, the 3-day sale is back again and this time on Flipkart. The Vivo Carnival is being held from 9th January to 11th January Vivo is offering discounts on its popular Handsets during the Carnival sale
Jio Phone capabilities and the ability to create a hotspot in order to share the 4G feature phone’s internet connection with different devices
Facebook-owned WhatsApp is reportedly working on a fingerprint authentication feature to protect its users' chats from being seen by others.
Xiaomi's forthcoming Redmi phone has been teased again. Xiaomi CEO Lei Jun freshly shared photos of the device as well, and Xiaomi has even partnered with Tik Tok for the event tomorrow.
Xiaomi launched Redmi Y2 smartphone in India last year at a price of Rs 9,999 for 3GB RAM and 32GB while the 4GB + 64GB was priced at Rs 12,999, Xiaomi Redmi Y2 has received a permanent price cut
Vivo Y93 was launched with 4GB of RAM and now Vivo has introduced the 3GB RAM variant of the handset in India. Similar to it's prior variant the Vivo Y93 3GB variant features a 6.22-inch FHD+ display with waterdrop notch and a resolution of 720×1580 pixels
Facebook has revealed its first update of 2019 for its chat service WhatsApp this release is for all the iOS devices. the update has brought has brought several new features like Reply Privately in WhatsApp Groups, the ability to add stickers to photos and videos, 3D Touch support to preview a contact's status Here's a peek at what's fresh in this version of WhatsApp.
Reliance Jio has worked very hard to make JioPhone a better One. Reliance Jio is introducing new features one after the another. Jio is now going to add new games option in Jiophone


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In a statement, the Confederation of All India Traders (CAIT) also said it will launch a nation-wide Rath Yatra on September 15 against the deal.
"For us, the centre of gravity for engineering is our workforce in India" said Sheldon Monteiro, executive vice-president and chief technology officer, Publicis.Sapient.
Karnataka has been a leader in knowledge-intensive industries since Independence. The vision for Karnataka 2025 is to establish the state as the torchbearer for India led by technology.
Some see at least some of the exits as part of chairman Nandan Nilekani and Parekh’s efforts at fixing Infosys' governance and operational issues. There are also those who see the exits to be the result of an absence of a coherent vision for the changing IT world.
NPCI has said the cyberfraud at Cosmos Cooperative Bank points to an attack where the malware had apparently installed a 'ghost-switch functionality' that authenticates and authorises fraudulent transactions without sending an alert to the bank's servers.
Samara, a mid-market India focussed fund, in turn reached out to Goldman Sachs and Amazon to join forces.
U.S trade groups, representing companies such as Amazon, American Express and Microsoft, have opposed India's push to store data locally.
Amit Agarwal counseled colleagues to stop responding to emails or work calls between 6 pm and 8 am.
Alibaba has revived talks with influential Indian conglomerates to boost its omni-channel or multi-channel retailing plans in the world’s sixth largest economy.
Whether a shareholder has one share or a billion shares, the board has the same obligation to provide unvarnished, truthful answers with full transparency to the questions of that shareholder on any issue says Murthy.
Internet service providers (ISPs) and cable service providers will further drive the broadband growth in the country. But the high cost means the entry barrier is high
There are about 70 TV brands in India now, double the number just two years back. Prices on average have already crashed by 40%.
Infibeam attributed the Q1 revenue increase to its growth in both the E-commerce solutions and payments solution business.
The draft norms should be progressive to help promote startups, growth and create new jobs, says Niti Aayog CEO Amitabh Kant
Subscriptions, which provide a more steady revenue stream, represented 56% of total software revenue in the reported quarter
Appirio India, which specialises on cloud computing based services, reported Rs 11.12 crore profit on revenues of Rs 76.17 crore in FY18.
Lex is a mobile application that has internal content from Infosys and third-party specialised content.
The plaintiffs alleged that TCS had a practice of favouring visa-ready individuals and benched expats who were predominantly South Asian
For TCS, financial services was 33.4% of overall revenue in 2016-17 — it was down to 31.1% in the last quarter. For Cognizant, it’s down 3 percentage points in the past two years, and for Infosys it’s down 1.4 percentage points.
India's banking sector was rudely shaken up after an international gang of hackers siphoned off Rs 94.42 crore from the Cosmos Cooperative Bank Ltd, through multiple ATM swipes in 28 countries worldwide, top officials said here on Tuesday.


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Deutsche Telekom and salesforce.com form strategic alliance in DACH -- announce corporate customer unit T-Systems is provider for new German Data Centre and the primary reseller for salesforce.com's leading cloud services
Salesforce.com expands German headquarters in Munich, opens Berlin office
Salesforce.com sponsors Bundesverband Deutsche Start-Ups to foster Innovation in new German companies, joining Facebook, Google and Lufthansa Systems
Bayer Vital, Commerzbank, Coca Cola Erfrischungsgetränke and Software AG are connecting with customers in a whole new way with Salesforce, joining top DACH companies including airberlin, BMW and Endress&Hauser
MUNICH, July 3, 2014 /PRNewswire/ -- Salesforce.com (NYSE:CRM), the world's #1 CRM platform, today announced strategic investments in Germany; Deutsche Telekom's customer unit T-Systems has been named the provider for salesforce.com's German data centre and the company's strategic partner throughout the DACH region, forming salesforce.com's first strategic alliance in DACH. In addition, salesforce.com will expand its Munich headquarters and has opened its Berlin office. Salesforce.com also announced it will sponsor Bundesverband Deutsche Start-Ups to foster innovation in new German companies, joining Facebook, Google and Lufthansa Systems. Innovative German companies Bayer Vital, Commerzbank, Coca Cola Erfrischungsgetränke and Software AG are now connecting with customers in a whole new way with Salesforce, joining leading German companies such as airberlin, BMW and Endress&Hauser.
Comments on the News
Deutsche Telekom and Salesforce.com Now Strategic Partners in DACH
Salesforce.com has selected Deutsche Telekom's corporate customer unit T-Systems as the provider for the previously announced data centre in Germany, which will be powered 100 percent by renewable energy sources. This new data centre, salesforce.com's first in Germany, is expected to support the company's cloud computing services across its growing customer base in the region. The company plans to open three new data centres in Europe, including data centres in the UK and France. Salesforce.com's first European data centre is expected to open in the UK in 2014 while data centres in Germany and France are expected to open in 2015.
In addition, the two companies today announced that T-Systems will also become the primary reseller for salesforce.com's leading cloud services in the DACH region.
Salesforce.com Expands German Presence
As part of its investment in Germany, the company today announced it plans to significantly expand its German headquarters in Munich. The company also announced it has opened a new office in Berlin to complement its current German offices in Munich, Frankfurt and Dusseldorf. Salesforce.com also announced plans to add more than 500 new jobs across Europe, including in Germany, during its fiscal year 2015.
Bundesverband Deutsche Start-Ups and Salesforce.com to Foster Innovation in German Start-Ups
Salesforce.com introduced a new partnership with Bundesverband Deutsche Start-Ups to help new businesses grow and advance in Germany. Bundesverband Deutsche Start-Ups is the voice of the start-up community in Germany, representing interests of German start-ups in politics, and supporting startup networking across Germany, with more than 200 members. Salesforce.com joins companies such as Facebook, Google and Lufthansa Systems as a sustaining member. As part of the new agreement, the company plans to provide direct mentoring and Salesforce product training to help the next generation of German businesses grow and thrive.
Customer Growth Explodes in Germany and DACH Region
Leading companies including Bayer Vital, Coca Cola Erfrischungsgetränke, Commerzbank, and Software AG have selected salesforce.com to drive innovation and connect with their customers in a whole new way. They join top companies including airberlin, BMW and Endress&Hauser as salesforce.com customers.
Commerzbank is using the Salesforce Marketing Cloud to run its social media activities for private customers. Coca Cola Erfrischungsgetränke is using Salesforce wall-to-wall to expand their customer relationships and to maximise SAP data from their ERP systems to better manage those relationships.
Salesforce1 World Tour Munich: Germany's Largest Cloud Computing Event
The Salesforce1 World Tour Munich is Germany's largest cloud computing event. The event will bring Salesforce experts, partners and customers together to demonstrate how companies of all sizes and industries are leveraging the power of Salesforce1, the world's most trusted cloud platform, to connect with their customers in a whole new way. With keynotes from salesforce.com executives that showcase cutting-edge technology, specialized breakout sessions, live demos and inspiring customer stories, attendees will learn how to transform how they sell, service, market and engage for the Internet of Customers.
Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase salesforce.com applications should make their purchase decisions based upon features that are currently available. Salesforce.com has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM." For more information please visit http://salesforce.com, or call 1-800-NO-SOFTWARE.
"Safe harbor" statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements, including statements relating to future real estate and data centres. The achievement or success of the matters covered by such forward-looking statements involves risks, uncertainties and assumptions. If any such risks or uncertainties materialize, or if any of the assumptions prove incorrect, the company's results could differ materially from the results expressed or implied by the forward-looking statements we make. Further information on factors that could affect the company's financial and other results is included in the reports on Forms 10-K, 10-Q and 8-K and in other filings we make with the Securities and Exchange Commission from time to time, including the company's most recent Form 10-K. These documents are available on the SEC Filings section of the Investor Information section of the company's website at www.salesforce.com/investor. Salesforce.com, inc. assumes no obligation and does not intend to update these forward-looking statements, except as required by law.
© 2014 salesforce.com, inc. All rights reserved. Salesforce, Salesforce1, Sales Cloud, Service Cloud, Marketing Cloud, AppExchange, Salesforce Platform, and others are trademarks of salesforce.com, inc. Other brands featured herein may be trademarks of their respective owners.
©2012 PR Newswire. All Rights Reserved.


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Great wall motors planning to introduce a new SUV brand named TANK, and the debut car from the brand will be named TANK 300.
- GMW wants to produce off-roaders and SUV under the nameplate TANK
- Chinese car maker already has two Sub-brands for passenger and pickup vehicles
- GWM has already filled for trademark name of TANK back In December 2020
Great wall motors Chinese car manufacturer soon be launching a new Sub-brand for their off-roaders and SUV products named TANK. The News was revealed by wei jianjun, the brand’s chairman, who said, that Great wall motors, the country’s top Pickup truck maker plans to launch the “TANK” Sub-brand during this year’s Shanghai Auto show, which will be taking place next month as well. The Chinese carmaker has already two sub-brands for passenger vehicles in form of WEY, GWM pore pick up, and ORA. WEY had first debuted the new Tank 300 back in July 2020 at the Chengdu auto show in 2020 and later launched in the Chinese market on December 17th, 2020.
After the launch of Tank 300, the manufacturer saw a huge interest in the name Tank from the customers and buyers. Hence the Great wall motors decided to launch their new Sub-brand for off-roaders and SUV vehicles. The First debut car from the TANK brand will be Tank 300, although the customers who buy WEY Tank 300 technically have a unique limited-run model. Great wall motors have to change all the branding and marketing banners for their SUV products, as earlier WEY is actually a premium Sub-brand of GWM, and the new brand will be positioned under the WEY. The New company’s logo now features a Capital “T” with Tank written under it.
According to the reports, the trademark office of China national Intellectual property administration (CNIPA), GWM applied for the trademark name of TANK back in December 2020. Under the TANK name, the company going to sell their best of off-roaders SUV, crossovers, and rugged vehicles. According, to reports GWM has also filed for the trademark name of two new models as well, TANK 600 and TANK 900. From these TANK 600 will likely to produce under the GWM Jingmen plant starting from October 2021 headlong.


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German Consumer Confidence to Climb to Five-Year High, GfK Says
German consumer confidence will climb to a five-year high in November as rising wages and unemployment at a two-decade low outweigh concerns about the sovereign debt crisis and slowing economic growth, GfK SE (GFK) said.
The market research company today forecast that its consumer-sentiment index, based on a survey of about 2,000 people, will increase to 6.3 from a revised 6.1 in October. That would be the highest since October 2007. Economists predicted an unchanged reading from GfK’s initial 5.9 estimate for October, according to the median of 25 estimates in a Bloomberg News survey.
While business confidence in Germany is at its lowest in more than 2 1/2 years and economic growth is slowing, the country’s jobless rate has held at a two-decade low of 6.8 percent since December, boosting household purchasing power. Financial markets have also rallied since the European Central Bank pledged to do whatever it takes to preserve the euro, easing concerns about the debt crisis.
“Although the reduction in unemployment has recently come to a halt, experts anticipate a steady level of employment in the coming year, despite the economic slowdown,” Nuremberg- based GfK said in a statement. “Together with the positive trend in wages and salaries, which also climbed in real terms, the labor market currently provides key support for income expectations.”
A measure of income expectations climbed to 29.9 in October from 23.9 in September and a gauge of economic expectations rose 1.4 points to minus 15.8, GfK said. An index measuring willingness to spend increased to 33.9 from 33.1.
While the German economy “continues to be in a robust shape,” there are increasing signs “that a perceptible expansion of economic growth in the third quarter of 2012 will be followed by stagnation or even a slight decrease in gross domestic product in the final quarter of the year,” the Bundesbank said in its monthly report on Oct. 22.
To contact the reporter on this story: Stefan Riecher in Frankfurt at email@example.com
To contact the editor responsible for this story: Craig Stirling at firstname.lastname@example.org


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Il Volo has just released a new track...the Spanish version of "Grande amore," that is.
Now available on iTunes and Spotify, the news that the Spanish-language version of the Sanremo-winning Eurovision entry would be released had fans buzzing for a while, curious to discover if it would live up to the flawless original.
Now that it's finally here, what do you think of the Spanish version of "Grande amore"? Is this long-awaited track just as phenomenal as the Italian version? Let us know your thoughts in the comments below!


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TREVOSE, Pa., Jan. 8, 2015 /PRNewswire-USNewswire/ -- Apple co-founder Steve Wozniak advised an overflowing crowd at ASI Show® Orlando to seek original ideas if they want to be successful beyond their wildest dreams.
"Eventually, you could create software that could change the world," said Wozniak, an engineer who single-handedly kick-started the personal computer revolution, founding Apple in 1976 with Steve Jobs. Wozniak's keynote Tuesday was a highlight of ASI Show Orlando, hosted by the Advertising Specialty Institute® (ASI) at Orange County Convention Center. The trade show attracted 745 exhibitors and 6,084 attendees from 49 states and 22 countries.
Buyers and sellers in the $20.5 billion promotional products industry gathered to browse 2015's hottest giveaways. Low-cost, high-return promotional products are usually given away by companies and organizations to advertise a brand or event or to thank employees or clients.
Wozniak's Q&A with ASI CEO Timothy Andrews drew over 1,000. "The Woz" covered Apple's early years along with predictions for technology's future, like tech items operated solely at the direction of people's voices. "Now, you see people speaking into their phone like it's their friend," said Wozniak. "I like that we can speak to computers in a human way. Maybe we won't make machines conscious. If we do, I really hope they take good care of us."
The self-professed geek, who appeared on Dancing with the Stars and The Big Bang Theory despite never watching TV himself, said he appreciated innovation in whatever form. "I love promotional products," he said, calling out a branded thermos one of his companies gave to employees that miraculously kept beverages hot for two days. "It's a great way to get the word out."
After the Q&A, Wozniak toured the show floor, surprising attendees. Kristen Beck, of Florida's Alligator Events, thanked the former teacher for his inspiring words about the importance of education. "He was awesome," she said.
"From every account, ASI Show Orlando exceeded everyone's expectations," said Rita Ugianskis-Fishman, ASI Show VP and GM.
Monday night, ASI's Counselor® magazine also announced winners of its 2015 Distributor Choice Awards. Ariel Premium Supply, of St. Louis, MO, was named Supplier of the Year.
The Advertising Specialty Institute (ASI) is the largest media, marketing and education organization serving the promotional products industry, with a network of over 25,000 distributors and suppliers throughout North America.
SOURCE Advertising Specialty Institute


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Gardeners across much of the country are making the most of their last chance to use a hosepipe before a ban is introduced on Thursday.
Seven water companies have announced the restrictions after two exceptionally dry winters left many areas in drought.
It means anyone using a hose for gardening or car washing in affected regions could face a fine of up to £1,000.
Derek Holder is worried about what it will mean for his allotment in Ipswich.
"The fruit will suffer," he said.
"Your peas, your runner beans all need plenty of water and you just cannot get enough down with a watering can.
"But then again you have to adhere to the rules. It will be very hard and there will be lots of moans and groans."
The problem is a lack of rain. Parts of East Anglia were the first to be declared in drought last June, followed by the South East and now swathes of East and South Yorkshire .
It has left river flows, groundwater levels and reservoirs exceptionally low in many areas.
Other water companies are expected to follow suit with a ban.
Ciaran Nelson from Anglian Water said: "We will need an awful lot of rain, weeks if not months of drizzle to reverse the situation we have found ourselves in.
"It's only once we have had that downpour that we will need to be able to lift the hosepipe ban and at the moment we need to do everything we can to save the water in the environment."
But the advice is not simply to cut down on use of tap water but to save the rain when it does fall.
|Drought: Days Left Before Looming Hosepipe Ban|
At Notcutts Garden Centre in Woodbridge, there has been eight times the normal demand for water butts since the ban was announced.
"Suppliers are working much longer shifts, up to 24 hours a day, I believe, in some places to keep up with the trade and we are sourcing across a wider supply base than we used to," said general manager Nick Bugden.
Many shoppers are leaving the store with two.
"Most houses have downpipes in two or three places so people are obviously planning that when it does rain they can capture as much water as possible," he added.
Businesses such as car washes and garden centres will still be able to use a hose. But window cleaners working at private homes will have to rely on a bucket instead.


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When will Dallas-Fort Worth grocery stores be restocked after the winter storm rush?
North Texans crowded stores before the winter storm to stock up on essentials, so you may have had some trouble finding products at your grocery store.
“The grocery stores have experienced a surge in buying due to that stocking up,” said Michael Esquivel, the chair of the Logistics and Supply Chain Management department at Tarrant County College. “The domino effect is that the stores will submit a surge of replenishment orders to their distribution centers.”
With Thursday afternoon looking better and Friday clear, shoppers will most likely see grocery store shelves replenished by the end of the weekend, Esquivel expects. How quickly stores will restock is all dependent on what the roads look like.
What does that mean for shoppers?
Most likely, there is adequate supply of product at the distribution centers, Esquivel says, because they carry a certain amount of safety stock for each item. The centers will receive those store replenishment orders and then make decisions on how much to send and where. They will then notify their suppliers (like Post cereal, Proctor & Gamble, etc.) to replenish stock at the distribution center.
Another supplier of goods to the grocery store are snack companies like Frito-Lay. They deliver chips and cookies directly from their distribution centers by individual trucks, not through distribution centers. The same decision process is made within their network on how much and where to restock shelves, Esquivel said.
“There are truckloads of product from suppliers that I’m sure are further delayed in other states, but it’s the on-hand stock in the [distribution centers] that will get to the stores quicker,” Esquivel says.
Because of the storm’s impact, grocery stores have shifted their operations. See how that will affect your grocery store.
H-E-B and Central Market operating normal hours
All H-E-B and Central Market stores in North Texas are open and operating normal hours, spokesperson Mabrie Jackson says. Store teams are working to replenish shelves as supply trucks begin to arrive at the stores. Curbside and delivery may have limited availability in certain areas, according to a Thursday news release.
“At H-E-B, our top priority is taking care of Texas, and we are committed to help our fellow Texans in any situation our company and communities might face. Across our business, we are familiar with and regularly prepare for extreme weather events. Our dedicated Partners — at our stores, warehouses, manufacturing facilities, and transportation team — are ready and well-equipped to serve our customers with the products they need,” the press release said. “In preparation of the inclement winter weather, we are taking precautions to protect and support our Partners and our stores. Any out-of-stocks are temporary. Our Partners restock shelves with more product throughout the day. Additionally, H-E-B has prioritized conserving energy across our business to do our part to help preserve the energy grid in Texas.”
Tom Thumb and Albertsons will restock Friday and through the weekend
Tom Thumb and Albertsons stores plan to restock their shelves Thursday, Friday and throughout the weekend. The stores do not expect any long-term outages as a result of the weather.
“We anticipate that by the weekend our stores will have many of the products our customers know and love and by Monday our DFW Tom Thumb and DFW Albertsons stores will be fully recovered,” spokesperson Christy Lara said.
Teams worked ahead of the forecasted weather to front-load stores with typically high demand items during winter weather events such as firewood, canned vegetables, canned tomatoes, ground meat, stew meat, soups and stews, snacks (especially chips and soda), bread and milk. They worked with distribution and procurement teams as well as direct-to-store delivery partners to push up deliveries in advance of the predicted weather on those items and store ordered products.
“Our teams and our direct to store vendor partners have continued working on replenishment and recovery plans over the past few days and deliveries to stores will be on the road later today and heading into the weekend,” Lara said. “We have expanded our in store receiving hours to accommodate additional delivery windows as those products are delivered to stores today and tomorrow and throughout the weekend.”
Walmart will replenish as conditons improve
“We remain focused on serving our customers dealing with the storm’s lingering effects and will continue prioritizing the safety of everyone working and shopping with us,” Walmart spokesperson Charles Crowson said. “We anticipate quickly replenishing our stores as conditions improve and our teams coordinate distribution needs.”
Kroger remains open during regular hours
Kroger stores remained open during regular hours throughout the week. With roads safer to navigate, more associates and Direct Store Delivery partners are now able to make it to stores to stock shelves and assist customers.
“Now that the roads are starting to clear and are more safe to navigate, our teams are working hard to restock shelves, while our Direct Store Delivery partners are ramping their operations back up to help in the process,” Kroger spokesperson John Votava said.
One Kroger in Bedford, for instance, is just now receiving trucks, after a two-day stop due to the ice. While not much is out of stock, employees are currently restocking everyday items like meat, chips and soda.
“Our stores remained open regular hours throughout the inclement weather to serve the needs of our communities with access to fresh food, essentials and prescriptions,” Votava said. “That wouldn’t have been possible without our incredible store leadership teams going above and beyond to keep the doors open, our valued store associates who braved the elements to serve our neighbors, and our distribution centers and partners ensuring that deliveries arrived at the stores safely throughout the week.”
After the Kroger distribution center rolled out deliveries to stores throughout the week, associates are now working to restock as quickly as possible. Many stores have already been restocked, and they will all be restocked from Thursday to Friday, Votava says. He says staple items like milk, bread and eggs have been in high demand but does not expect shortages for any products.
Target stores are open
All Target stores in Texas are currently open and one Target distribution center in Texas remains closed but is scheduled to reopen late Thursday. Check Target.com for the most up-to-date store hours.
“The safety of our team members and guests is our top priority, and we are keeping a close watch on conditions in areas experiencing inclement weather,” Target spokesperson Joe Unger said.
Will there be any long-term shortages?
Esquivel doesn’t expect shortages to be a long-term issue at all. Shortages do not seem to be as severe as the last winter storm, which he suspects is because grocery stores pushed up receiving of items based on their past experience. The decision-making process for restocking has likely been adjusted to factor in these severe weather events, Esquivel said.
Customers have been buying easy-to-make meal items, such as noodles and oatmeal. Bread, milk and eggs are always in high demand.


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IWA OutdoorClassics 2019 is a leading exhibition in the field of hunting and sportsweapons, outdoor and accessories. Many national and international exhibitors exhibited their products. IWA OutdoorClassics 2019, a multinational industry event; In addition to hunting, weapons and equipment, various outdoor products were also offered.
We participated as SMB Technics in the TUYAP Convention and Exhibition Center on 02-07 October 2018 at Maktek Eurasia 2018 Fair.
The most important manufacturers of machine tools in the Eurasia region, which are the basic production tools of the manufacturing industry with the machinery industry, came together at the Maktek Eurasia 2018 Fair. Maktek Eurasia Fair in Turkey in 2018 and more than 1,000 of the world's leading companies and company representatives took place. Tuyap Fair and Congress Center has a total capacity of 120,000 square meters of indoor space with the participation of the full capacity of the hall.


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BMW published a teaser of the iNEXT electric crossoverAugust 20, 2019
The Bavarian company is positioning its electric crossover as a technological flagship. Now in full swing are testing the new items, which will receive an electric motor of the 5th generation and an autopilot of the third level.
After the first teaser images of the electric crossover of the German BMW brand, the model was called iNEXT, released in March, May and July of this year, the novelty again appears before us. This time, the press service of the company published a new series of photos showing prototypes of the model in camouflage.
We inform you that these copies were made at the company’s experimental plant in the center of the BMW Research and Innovation Center and will be used for road tests and preparation for the actual mass production.
BMW’s main goal is to assemble an electric car on the same assembly line as conventional cars with an internal combustion engine and plug-in hybrid engines.
“Preparing an all-electric crossover for mass production is a difficult task,” the plant manager commented. “By the time the production officially starts, we will manufacture up to 100 BMW iNEXT prototypes. Until then, the pilot plant will use a number of innovations to further optimize and accelerate the necessary processes. ”
The new BMW iNEXT will be essentially the electric counterpart to the mid-size X5. Currently, brand engineers are in full swing developing a fifth-generation BMW electric powerplant with an estimated range of 600 km. INEXT will become the “flagship of technology” for the automaker and will support Level 3 autopilot (conditional automation). The car will go on sale as a crossover model year 2021.
- Bill Gates doesn’t believe in electric cars
- Two Lamborghini Sian hybrid supercars arrive in London
- Peugeot introduced the updated crossovers Peugeot 3008 and 5008
- SSC Tuatara hypercar sets new world speed record
- Diesel cars will disappear before gasoline ones


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Mark Carney has urged politicians to find a Brexit solution, as he warned over economic risks posed by a slowing Chinese economy, protectionism and “de-globalisation”.
With weeks to go until Britain’s scheduled departure from the European Union, the Bank of England governor said “it is in the interests of everyone, arguably everywhere … that a Brexit solution that works for all is found in the weeks ahead”.
In a speech at Frobisher Hall in London, Mr Carney said that business investment in the UK “has fallen 3.7% over the past year despite the ongoing expansion, high business profitability and accommodative financial conditions.
“With fundamental uncertainty about future market access, UK investment hasn’t grown since the referendum was called and has dramatically underperformed both history and peers.”
He described Brexit as an “acid test” of whether a way can be found to broaden the benefits of economic “openness while enhancing democratic accountability”.
His comments come days after the central bank slashed its growth forecast for the UK economy and warned about the mounting risk of a recession in the event of a no-deal Brexit.
Mr Carney also said that slowing global growth has been hampered by “rising trade tensions and growing policy uncertainty”, pointing to the trade dispute between the US and China.
“Global economic policy uncertainty is at record highs. And protectionist rhetoric is becoming reality, with the United States raising tariffs on a range of imports from its main trading partners, and some retaliating in kind.
“If all measures contemplated are implemented, average US tariffs will reach rates not seen in half a century.”
The Bank believes that an increase of 10 percentage points on import tariffs charged by the US would hit the county’s GDP by 2.5% and reduce world output by 1%.


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Jan-Erik Hansson, 55, has been appointed to the Arla Foods amba board of directors. He is replacing Åke Hantoft, who retired recently, as a Swedish representative on the board.
Arla News Archive
Arla Foods improved its profitability and delivered revenue growth of 2.2 per cent to EUR 5.1 billion, driven in part by the company’s strategic brands in the first half of 2018 and rebounding milk...
A proposal to pay out the entire 2018 net profit of Arla Group has been prepared by Arla's Board of Directors due to the positive development of Arla Foods’ balance sheet.
Farmer-owned Arla Foods is to build a groundbreaking innovation centre in Nr. Vium, Denmark to unleash the wonders of whey.
The Arla Foods amba Board of Directors have appointed Heléne Gunnarson from Tvååker, Sweden as vice-chairman of Arla Foods amba.
Arla Foods amba, the leading European dairy co-operative, has announced the departure of its UK Managing Director, Tomas Pietrangeli, who is leaving the company to become CEO of Danish retail group...


text: An anonymous reader quotes a report from Digital Trends: Three years ago a small robot called Kirobo blasted into space, headed for the International Space Station. When it arrived, the 34-cm-tall, Toyota-made android became best buddies with Japanese astronaut Koichi Wakata, accompanying him around the station, engaging in polite conversation, and even showing emotion according to the subject matter. Following Kirobo's successful space jaunt, the car company decided to back the development of a smaller version of the already small robot, calling it -- rather appropriately -- Kirobo Mini. It unveiled the diminutive droid at the 2015 Tokyo Motor Show. Toyota announced on Monday that Kirobo Mini will go on sale in Japan next year for 39,800 yen (about $390), though a 300-yen (about $2.95) monthly subscription fee will also be necessary. Besides the robot itself, you'll also receive a "cradle" that's designed to fit inside a car's cup holder, ensuring that the robot travels in style wherever you take it. An ad (video) released by Toyota over the weekend shows Kirobo Mini hanging out with families, couples, the elderly, singletons, and students, with everyone visibly enthralled by its ability to say the right thing at the right time. However, Kirobo Mini's specific functionality, and the extent to which it'll be able to interact with humans, is yet to be revealed.


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Hillside (HPDL) and our supply partners are very conscious of the part we play in tackling the environmental costs of launching new products. There is a groundswell of opinion that says we should all be worried about where unwanted plastic ends up and for those of us in industry that work with plastic every day, it’s imperative that we work to improve knowledge about its use and its disposal so that good decisions can be made when deciding to use plastics.
We have been following with interest a story shared by Devon Contract Waste (DCW) over the last 12 months and we were delighted to pay them a visit last week. DCW has invested heavily in a process to turn clean and lightly contaminated plastic waste collected from their commercial customers into a brand new range of garden furniture.
HPDL Director Chris Howsam says “DCW have created a circular product in the truest sense, and they must be commended for their efforts. The furniture looks and feels great and we wish Simon, Jason and the team every success with it. DCW are making a superb effort and our visit illustrated how we all need to learn about our unwanted plastics and review our purchasing decisions before we go through the till”.
Plastic comes in many forms, types and grades, and DCW themselves are limited to certain polymers they can use in their process to create their bespoke furniture profiles. The Head of DCW Polymers Jason Goozée says “we are taking waste plastics collected from the south west and putting it through several processes to produce desirable finished furniture products all at our plant in Exeter”.
He adds “I was delighted to show the team from Hillside around our operation. We share a common goal and I know Hillside Design and their clients are championing responsible product design”.
However, many waste plastics are not recycled for several reasons which can include the level of contamination or combination of mixed plastic types, the amount of labour required to sort and separate into types, or simply that the quantity of any single plastic type is insufficient to be viable.
One particular source of plastic waste that can be used is broken wheelie bins. Wheelie bins can be pressure washed as single large items reasonably efficiently with relatively inexpensive equipment, but washing millions of yoghurt pots would need a multi-million pound wash plant. Sadly, a vast percentage of plastic waste is impossible to use again due to contamination and as a result the amount of plastic that cannot be re-used is a huge problem which continues to grow. Where that contaminated plastic waste ends up is a question everyone needs to think about because each local authority will be different in how they deal with waste they collect which cannot be separated or cleaned.
Clean plastic resulting from manufacturing processes such as injection and blow moulding can be easily recycled because of its purity. Clean plastic can also be blended with small amounts of plastics which are easily decontaminated, such as fishing nets but only if the blend can be processed into a usable product such as a plastic plank or beam.
The grim reality is that there are mountains (literally) of contaminated plastic waste and comparatively speaking only tiny little mounds of plastics waste that are commercially viable to be used again to become a plastic item. Greenpeace say that less than 10% of everyday plastic is recycled so the rest has to be incinerated, landfilled or ends up exported into somebody else’s back yard.
HPDL Director Chris Howsam added, “There are still only a very few companies actively engaged in solving this problem and we take our hats off to DCW for their efforts. At HPDL we use plastics intelligently and sympathetically by creating proper products that use plastics sensibly. We are doing our bit to shine a light on the use of plastics. But we are only a small part of the story and much needs to change if humans are to deal with the global plastic problem. “
Where does that change come from? This will be tackled in a subsequent article “The truth about plastic waste”.


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New Delhi: “In 2017, while commuting to work everyday I used to pass by a place called Banashankri in South Bengaluru. Banashankri used to have a huge garbage dumpsite and a dedicated person would put the collected waste on fire everyday, without fail. This cycle was happening from quite a long time but one day while standing at a signal, I felt very suffocated and claustrophobic and that is when the dump site with tonnes of waste on fire caught my attention”, recollects 27-year-old Shwetha Parshi, while speaking to NDTV. Witnessing the garbage on fire made Shwetha realise the extent of the waste crisis facing the city, so, she decided to take up burning of the waste issue with the municipal corporation. While Shwetha kept on lodging complaints, her protests fell on deaf ears, her partner (Naveen Gowda) who was a political party member also tried to expedite matters through various sources but the efforts yielded no concrete results.
During this time the duo happened to meet Vellore Srinivasan, founder of SLRM (Solid Liquid Resource Management) project which focused on waste segregation and management by the way of reusing and composting waste at source. The duo attended a two-day intensive workshop by Vellore Srinivasan to understand waste and how an individual can reduce his daily waste generation and stop it from piling up in landfills.
After the workshop, the duo decided to lead a low waste life in order to cut down the waste being generated only to end up in a landfill. From practising waste segregation that is segregating waste into dry waste (paper, plastic) and wet waste (vegetable and fruit waste) and composting the wet waste at home, to finding alternatives to regular plastic based products and reducing dependence on plastic by simply refusing to use it, they managed to attain a sustainable life.
During my initial days, I kept a jar to collect plastic waste generated by me and within few days, it was full. The jar was a reality check, echoing how tough it is to refuse plastic and a way for me to understand my plastic waste generation. It is then I decided to make small changes in my life and accept what I’m unable to do. Obviously it was challenging to lead a low waste life, something like as simple as I used to travel light but giving up single-use plastic outside meant carrying with you eco-friendly alternatives like your personal water bottle, a mug, stainless steel straw, cutlery, and other things. Also, all these alternatives came in plastic packaging only so in some or the other way, I was consuming plastic, says Shwetha.
Once the duo managed to identify products to lead a low waste and sustainable life, they unveiled Biomimic Theory, a brand offering sustainable products online, in 2018. Parallely, they entered into a partnership with Go Native restaurant to provide food grains, pulses, spices, and other things without packaging under the brand name Unpackaged. Elaborating on the same, Shwetha says,
We launched Unpackaged a plastic-free bulk food store offering high-quality organic grains, pulses, spices, cold-pressed oils, seasonal fruits, vegetables and more. At Unpackaged we would encourage customers to carry their own bags and containers to buy grains. If they are not carrying a personal container, they can take one from us in favour of a deposit.
After successfully running Unpackaged for four months, the duo decided to handover Unpackaged to Go Native as it was becoming tad challenging for them to manage both Unpackaged and Biomimic Theory. From then onwards, the focus has only been Biomimic Theory, solely Shwetha and Naveen’s child, as they call it.
At Biomimic Theory, we offer products that you can easily carry with you on a daily basis and use instead of giving in to regular single-use plastic products, explains Shwetha.
What Biomimic Theory Offers
A wet bag is a reusable bag made of garment production scrap fabric. It is especially designed to store damp clothes, towel, used cutlery, and fruit peels, while you are travelling.
The reason we made this is while travelling or commuting, no matter how much you avoid using plastic bags, you end up going back to it because you want to keep some or the other thing separately or away from your other stuff, says Shwetha.
Fab Array is an easy to carry alternative for disposable cutlery. The reusable cutlery kit consists of stainless steel spoon, fork, napkin, straw and natural bristle straw cleaner.
Bio Array is a fiber cutlery kit that contains neem wood cutlery, bamboo straw and a sisal fiber straw cleaner. Substitute to single-use cutlery is made available in a compact Palm Fiber Pouch.
The three most basic plastic disposable waste items are spoon, fork, and straw and that is the reason we have tapped into that zone. Our pack of eco-friendly cutlery comes in a small pouch which can easily be carried anywhere and everywhere. All a person needs to do is refuse plastic while placing his/her order and use the steel or wood based cutlery, says Shwetha.
It is time to get over the habit of buying a water bottle everytime you are out of your house and thirsty. Carrying a stainless steel water bottle like Biotle can solve the purpose.
Vibha, an architect by profession and currently a homemaker, is one of the proud owners of Fab Array – a pack of steel cutlery that comes in cloth pouch made using textile waste. Sharing her joy with NDTV, Vibha says,
I won’t say I lead a plastic and waste free life, but I’m trying my best. For instance, when my boys were born, I decided to make use of reusable cloth diapers instead of regular disposable diapers. Similarly, when I got to know about Biomimic Theory through a sponsored post on Instagram, I instantly followed them as they were sharing tips to lead a sustainable life on a daily basis and have amazing products to offers. I have a set of travel cutlery and now I wish to buy Biotle – stainless steel water bottle.
Over a span of one year, Biomimic Theory’s products priced between Rs. 450 – Rs. 1299 have reached 95 homes. Though the duo has sold 150-200 products pan India within a year, venturing into manufacturing and marketing eco-friendly alternatives to plastic was not an easy task for them. It took Shwetha and Naveen almost six months to understand the tactics of a business.
One of the biggest challenges is associated with our customers and their mindset. We spend a considerable amount of time on educating individuals about what we are doing, why we are doing, how plastic is harming us and our environment and why is it essential to lead a zero waste life, says Shwetha.
For the manufacturing of products like fiber case for wooden cutlery, cloth pouch, among others, the duo has joined hands with different groups – Kishkinda Banana Fiber Community, Arecanut Community and Satapute Stitching self-help group. Since these groups are based in different parts of the state, it becomes difficult for the team to communicate and create a new product. Everytime a new product is launched or being taken on a pilot basis, the duo has to travel to meet and explain their idea and execution to their teammates.
Despite this, the duo aims at continuing Biomimic Theory and coming with more sustainable alternatives to plastic. Sharing their future plans with NDTV, Shwetha says,
We plan to have more compact and modular products which are easy to carry and use on the go. Currently, carrying a plate is neither feasible nor a viable option for everyone, but a lunch box might work.
Considering the current status of waste in India, eco-friendly alternatives to single-use plastics don’t seem like an option but a necessity. The duo wants people to have enough alternatives to single-use plastic items and for the same they are targeting other plastic items. For now, all the four products offered by Biomimic Theory can be purchased from their official website.
NDTV – Dettol Banega Swachh India campaign lends support to the Government of India’s Swachh Bharat Mission (SBM). Helmed by Campaign Ambassador Amitabh Bachchan, the campaign aims to spread awareness about hygiene and sanitation, the importance of building toilets and making India open defecation free (ODF) by October 2019, a target set by Prime Minister Narendra Modi, when he launched Swachh Bharat Abhiyan in 2014. Over the years, the campaign has widened its scope to cover issues like air pollution, waste management, plastic ban, manual scavenging and menstrual hygiene. The campaign has also focused extensively on marine pollution, clean Ganga Project and rejuvenation of Yamuna, two of India’s major river bodies.


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U.S. Issued $100 Billion in Export Licenses to Suppliers of Huawei, SMIC
The U.S. Commerce Department issued more than $100 billion worth of export licenses for semiconductors and other products to suppliers of Huawei Technologies Co. and another blacklisted Chinese tech company, as a global chip shortage started to bite.
The Commerce data, released Thursday by a Republican member of Congress, shows the department granted 113 export licenses worth about $61 billion for suppliers of telecom giant Huawei and 188 licenses valued at $42 billion for suppliers of Semiconductor Manufacturing International Corp., China's largest chip maker, from Nov. 9, 2020, through April 20 this year.
Read More ->
Investors Bet Inflation Pressures Will Linger
A key measure of investors' inflation expectations has climbed in recent weeks, adding fuel to concerns about rising consumer prices.
As of Wednesday, the gauge known as the 10-year break-even rate suggested that the consumer-price index will rise by an annual average of 2.57% over the next decade, according to Federal Reserve Economic Data, or FRED. That is up from a recent low of 2.28% in late September and the highest level since 2013.
Read More ->
Natural-Gas Prices Fall From Peak as Warm Autumn Buoys Stockpiles
Natural-gas prices have shed 19% since hitting a 13-year high earlier this month, reversing some of a run-up that has prompted fears of exorbitant heating bills and higher manufacturing costs at a time of already high prices.
A warm start to autumn is behind the decline. With most of the country yet to turn the heat on, gas has accumulated in storage facilities faster than expected and shrunk a deficit that prompted worries over winter price surges and even potential shortages.
Read More ->
Derby's Take: As Fed Balance Sheet Grows, Questions About Its Impact Remain
The Federal Reserve's newest governor this week pointed to an uncomfortable truth about the central bank's multitrillion-dollar balance sheet: Policy makers don't know for sure how it affects the economy.
"We have no economic theory of how large the central bank's balance sheet should be. I've never seen it," Christopher Waller said Tuesday in a virtual appearance.
Read More ->
Supply Bottlenecks Curb Eurozone Economic Growth to Six-Month Low in October
Eurozone business activity growth slowed sharply to a six-month low in October amid increasing supply bottlenecks and ongoing pandemic concerns, flash purchasing managers index data by IHS Markit showed.
The eurozone flash composite PMI fell to 54.3 in October from 56.2 in September, posting a decline for the third consecutive month.
Read More ->
Global Finance Watchdog Censures Turkey Over Money Laundering, Terrorist Financing
WASHINGTON-A global watchdog on Thursday added Turkey to its list of countries requiring special regulatory oversight for failing to stop money laundering and terrorist financing, a designation analysts say will rattle Ankara's already shaky economy.
The action means Turkey joins a group of 23 countries-including Zimbabwe, Haiti and Syria-that the Financial Action Task Force determined "have strategic deficiencies in their regimes to counter money laundering, terrorist financing, and proliferation financing."
Read More ->
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Corus Entertain 4Q
Economic Indicators (ET):
0830 Aug Retail Trade
Stocks to Watch:
Hammond Power 3Q EPS C$0.34; Sales C$95.5M
Expected Major Events for Friday
00:30/JPN: Oct Japan Flash Manufacturing PMI
05:00/JPN: Sep Steel Production
06:00/UK: Sep UK monthly retail sales figures
07:15/FRA: Oct France Flash PMI
07:30/GER: Oct Germany Flash PMI
08:30/UK: Oct Flash UK PMI
08:59/JPN: Aug Final Labour Survey - Earnings, Employment & Hours Worked
12:30/CAN: Aug Retail trade
13:45/US: Oct US Flash Manufacturing PMI
13:45/US: Oct US Flash Services PMI
14:00/US: Sep State Employment and Unemployment
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Expected Earnings for Friday
1st Constitution Bancorp (FCCY) is expected to report $0.46 for 3Q.
ASA Gold & Precious Metals Ltd (ASA) is expected to report for 2Q.
Actinium Pharmaceuticals Inc (ATNM) is expected to report for 3Q.
Altra Industrial Motion Corp (AIMC) is expected to report $0.54 for 3Q.
American Express Co (AXP) is expected to report $1.80 for 3Q.
Bank of the James Financial Group Inc (BOTJ) is expected to report for 3Q.
Carter's Inc (CRI) is expected to report $1.74 for 3Q.
Chino Commercial Bancorp (CCBC) is expected to report for 3Q.
Cleveland-Cliffs Inc (CLF) is expected to report $2.10 for 3Q.
Corus Entertainment Inc - Class B (CJR.B.T,CJREF) is expected to report for 4Q.
Daseke Inc (DSKE) is expected to report $0.32 for 3Q.
Emclaire Financial (EMCF) is expected to report for 3Q.
Esquire Financial Holdings Inc (ESQ) is expected to report $0.62 for 3Q.
First Capital Inc (FCAP) is expected to report for 3Q.
First Hawaiian Inc (FHB) is expected to report $0.47 for 3Q.
Gentex Corp (GNTX) is expected to report $0.37 for 3Q.
Gorman-Rupp Co (GRC) is expected to report $0.34 for 3Q.
Greene County Bancorp (GCBC) is expected to report for 1Q.
HCA Healthcare Inc (HCA) is expected to report $4.19 for 3Q.
Honeywell International Inc (HON) is expected to report $2.01 for 3Q.
MetroCity Bankshares Inc (MCBS) is expected to report $0.61 for 3Q.
Norwood Financial Corp (NWFL) is expected to report for 3Q.
PFB Corp (PFB.T) is expected to report for 3Q.
PFSweb (PFSW) is expected to report $-0.11 for 2Q.
Regions Financial Corp (RF) is expected to report $0.54 for 3Q.
Roper Technologies Inc (ROP) is expected to report $2.77 for 3Q.
Schlumberger (SLB) is expected to report $0.36 for 3Q.
Seagate Technology Holdings PLC (STX) is expected to report for 1Q.
Simply Good Foods (SMPL) is expected to report $0.23 for 4Q.
Toast Inc (TOST) is expected to report for 3Q.
Tompkins Financial (TMP) is expected to report $1.44 for 3Q.
Towne Bank (TOWN) is expected to report $0.67 for 3Q.
United Bankshares Inc (UBSI) is expected to report $0.66 for 3Q.
VF Corp (VFC) is expected to report $1.13 for 2Q.
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ANALYST RATINGS ACTIONS
Aramark Raised to Buy From Hold by Berenberg
Avaya Holdings Cut to Equal-Weight From Overweight by Barclays
Carnival Raised to Hold From Sell by Berenberg
Contura Energy Raised to Overweight From Neutral by Piper Sandler
Denny's Raised to Buy From Hold by Truist Securities
Krispy Kreme Cut to Hold From Buy by HSBC
Lam Research Cut to Hold From Buy by Summit Insights Group
LivePerson Cut to Underweight From Equal-Weight by Barclays
TCR2 Therapeutics Cut to Market Perform From Outperform by SVB Leerink
Wintrust Cut to Neutral From Buy by Janney Montgomery Scott
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires


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Factoring Regulation (Amendment) Bill to open a window of opportunity for credit starved MSMEs: Co-founder, Cashinvoice
New Delhi, Jul 31 (KNN) Welcoming the Factoring Regulation (Amendment) Act 2021, recently passed in parliament, Arun Poojari, Co-founder, Cashinvoice said that it would now open a window of opportunity for credit starved MSMEs.
He said that the act can potentially increase the number of NBFCs offering factoring service to over 9,500 from just seven currently. Allowing NBFCs to do factoring will tap into a vast pool of credit that’s currently unavailable under factoring.
''Unlike traditional invoice financing Factoring puts more weightage on quality of receivables which means widespread access to Factoring will hugely benefit especially the MSME suppliers of the corporate buyers,'' he added.
He further said that the the changes in key definitions ‘Receivable’ as well as what constitutes as ‘Factoring Business’ will make it a lot easier for financing companies to undertake factoring business. This will eventually lead to a boost to the economy by providing an efficient working capital cycle for MSMEs.
''Also, changes in CERSAI registration requirements reduces the burden felt by the factoring entities because of the shorter time window to comply. Most importantly, the act has empowered RBI to make further amendments which will ensure that regulatory authority will have flexibility to carry out changes that are as per the need and changing landscape of the factoring business,'' he concluded.
Parliament on Thursday passed the Factoring Regulation (Amendment) Bill, 2021, to provide relief to the MSME sector and help them in ensuring a smoother capital cycle and healthier cash flow.
The bill which would enable as many as 9,000 non-banking financial companies (NBFCs) to participate in the factoring market, instead of just 7 now, boosting cash flow to small businesses.
Speaking on the bill, the Finance Minister Nirmala Sitharaman said, "It is a very important Bill which will benefit the MSMEs of this country because a difficulty is constantly expressed by the MSME that their receivables are getting delayed.''
"As a result, there is a provision of selling their receivables to a third party. If the third party is going to make an immediate availability of funds, they shall be able to move their business smoothly. There are several such advantages in factoring from payment of the seller," Sitharaman added.
The Factoring Regulation (Amendment) Bill, which was tabled in Parliament last year, was passed on Monday in the Lok Sabha. The bill also removes the requirement of an entity in this business called factor to report every transaction within 30 days. The bill proposes that such finer details will be specified in regulations.


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James asks DTI for £80m Rover handout
TROUBLESHOOTER David James will ask the government for an £80m lifeline guarantee to keep his dreams of buying MG Rover afloat.
James desperately needs the government's backing if he is to salvage his bid for the collapsed British car maker. His plans to hook-up with China's Shanghai Automotive Industry Corporation fell apart at the weekend after SAIC would not agree to buy all the Rover assets after a year.
James is now hoping to secure a meeting for tomorrow with leading mandarins at the Department of Trade and Industry.
His Kimber consortium needs the £80m guarantee to cover a bank loan for the same amount, which would need to be repaid within a year.
'The plan was to use Rover assets as security to get the loan which would cover cash flow for the MG [sports car] in the first year,' said James.
He aims to sell off surplus Rover assets at the end of the year to cover the loan, with the proviso the government will cover any shortfall.
The DTI confirmed that James had been in touch, but said no meeting had been set. James, appointed to sort out the Millennium Dome fiasco, also hopes to meet with SAIC boss Chen Hong - due to fly to the UK later this week, to discuss resurrecting their joint plans.
The Kimber plan involves reviving production of the MG TF sports car, initially with 500 workers. It will then recruit a further 1,500 staff to work on a number of models.
Even if he gets the backing he needs, James faces an uphill struggle to convince administrator PricewaterhouseCoopers PwC has privately selected Nanjing Auto as its preferred bidder to buy the whole of MG Rover.
St Modwen, which owns most of the Longbridge site, said the final outcome for the 330-acres was 'uncertain'.
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Jagger’s Hair for Charity
British auction house Bonhams announced on their website that locks of Mick Jagger's hair, cut from his head during the early 1960's, has been put up for auction by Chrissie Shrimpton, who dated Jagger in the early ‘60's. What was she doing, whacking off his hair in his sleep? That's just plain scary.
The website says that the locks should fetch between $2,300 and $3,100 when it goes up to auction on July 3rd. The money raised will go to the charity Changing Faces.
The auction house goes on to mention that Lot 20711 was first collected by Shrimpton's grandmother without Chrissie’s knowledge during a trip to the Shrimpton family's country estate. The auction house wrote on their website
“Apparently, on her grandmother's death, the hair passed to Chrissie's aunt and when she died, the hair was returned to Chrissie by a cousin taking care of personal effects.”
Keith Richards raised $1,400 for a lock of his hair some years ago.


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- 28 Nov 2017 7:57 AM
At a press conference, Orbán noted Asia’s increased weight “in the new world order which is now forming”, adding that China had become “a dominant financial and technological power”.
He said central and eastern Europe harboured great potential but technology and financing from outside Europe was required to meet future development needs since the continent’s resources were no longer sufficient. Orbán called China- CEE cooperation a success story.
At present 11 EU member states and five non-EU countries are involved in the 16+1 cooperation with China. One key question is whether they are able to launch ambitious, large-scale development projects that enhance the region as a whole, he added.
China’s Prime Minister Li Keqiang said China would like to see a prosperous Europe, and the country supports both European integration and the development of countries aspiring for EU membership.
Li Keqiang said central and eastern Europe was the EU’s most rapidly developing region, with an average GDP growth rate of 3% per annum.
Cooperation with China, whose economy grew by 6.9% in the first three quarters of 2017, could enhance this trend, he said. China seeks to import as many goods and services from the CEE region as possible and to promote the development of its infrastructure, the prime minister said.
He noted that trade between China and the CEE had increased by 14% this year. In the years to come, China seeks to open its gates even wider to the world, including central and Eastern Europe, he said. In a move to reduce its trade surplus, it would like to increase its farm purchases from this region, he said.
Li Keqiang said China was prepared to expand industrial capacities and establish industrial parks in the CEE region. He added that his country has offered 5,000 state scholarships to central and eastern European students.
At the summit’s opening ceremony, Li Keqiang noted that in recent years economic cooperation between China and the CEE region has gradually been increasing, reducing the distance between Europe and Asia. China and central and Eastern Europe complement and boost each other’s economy, and may find new paths to success on the international market together, Li said.
Chinese imports may also open up opportunities for local businesses, he added. Tourism is on the rise between the countries, Li said, with a growing number of Chinese tourists visiting central and Eastern Europe every year.
Boyko Borisov, prime minister of Bulgaria, the host of the next China-CEE summit, noted that his country would hold the EU’s rotating presidency in the first half of 2018.
The summit will focus on the situation and development of the Western Balkans. It is also from this aspect that Bulgaria sees huge potential in China-CEE cooperation, he said.
Republished with permission of Hungary Matters, MTI’s daily newsletter.
MTI PM's press office: Szecsődi Balázs


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B2B FinTech saw one of its most stellar funding weeks in a while, led, of course, by the high-profile Bill.com investment. But that wasn’t the only — or even the largest — investment round confirmed. In all, the industry secured more than $324 million with B2B payments, logistics and artificial intelligence leading the way. PYMNTS looks at all the funding rounds, led by some big-name backers like ex-PayPal president Scott Thompson, JPMorgan and the International Finance Corp., below.
B2B payments company Bill.com secured $100 million from JPMorgan Chase and Temasek Holdings, reports said this week, in one of the most high-profile funding rounds for the industry. The investment followed last month’s announcement of Bill.com’s partnership with JPMorgan, aimed at enabling corporates to both make and receive electronic B2b payments. Bill.com said it will use the funding to expand distribution and product enhancement, with CEO and founder René Lacerte telling Reuters that, among other areas, Bill.com will be looking at cross-border B2B payments to expand its offering.
A healthy $1.1 million in seed funding landed at Payment Rails, a U.S.-based startup that is gearing up to exit beta mode next month. The company uses API technology to facilitate corporate payments to suppliers and employees across the globe, and deploys blockchain (fueled by Ripple) for liquidity and treasury management capabilities. But, perhaps the most important news of this funding, is who provided the backing. Investors included former PayPal president Scott Thompson, who has now joined Payment Rails’ as board advisor, as well as former executives from Visa, Currencycloud, American Express and Slack, according to a press release.
The funding may have occurred last month, but Flexport didn’t confirm its $110 million investment round until late last week, according to TechCrunch reports. The company provides logistics and supply chain solutions for global traders, and the latest funding — provided by DST Global, Founders Fund, Susa Ventures and others — pulls Flexport’s valuation up to $910 million. The Series C round will be used to fuel expansion a Flexport said it is exploring new products and services for its customers, including trade finance offerings, according to reports.
Based in Ireland, Linked Finance announced $2.37 million in fresh equity funding for its small business lending solution. The company uses a peer-to-peer lending model to funnel funding for small and medium-sized business (SMB) borrowers, attracting investors to its platform that can be connected to small businesses in need of working capital. Linked Finance said it will use the funding to fuel expansion both at home and abroad. Frontline Ventures, among the first investors of Linked Finance, led the latest funding round, as well as 28 individual backers, who are all already investors on the Linked Finance platform, reports in Silicon Republic said.
Mexico’s alternative finance space enjoyed a boost thanks to Konfio, which secured $10 million from The World Bank’s International Finance Corp, TechCrunch said. QED Investors, Kaszek Ventures, Accion Frontier Inclusion Fund, Accion Venture Lap and Jaguar Ventures also participated. Konfio focuses on micro, small and medium-sized businesses using data from an array of sources, including electronic payments and social media platforms, to determine approvals. According to reports, the company is also hoping to help SMBs raise capital as they face a funding shortage from traditional banks. Only about 39 percent of the population is banked, reports said, leaving a gap for FinTech to fill.
Landing $93 million from SoftBank, Petuum is a B2B startup helping companies adopt artificial intelligence into their systems. The company said it will use the latest investment to develop its underlying technology, which provides companies with an operating system and software to reduce friction in integrating AI solutions like training on that technology. It’s a solution, Petuum told CNBC this week, that aims to help businesses gain the power of AI even if they don’t have the expertise, talent or infrastructure as big tech firms like Google or Amazon.
Seed funding for this treasury management startup will help the company scale internationally. IBSFINtech didn’t confirm how much it raised, but reports said the India-based firm is in the process of raising a total of $4 million. Consultancy firm Haribhakti & Co. chairman Shailesh Haribhaki led the investment, which will also be used for research and development of software that supports treasury and FX management services for corporates.
India’s Taaza secured $8 million in Series A funding, reports late last week said. The company supports supply chain management of agriculture companies, linking buyers and suppliers in the industry’s supply chain to procure and sell fresh produce. According to Epsilon Venture Partners partner Mahesh Vaidya, Taaza is at the forefront of the B2B eCommerce trend in India. Epsilon led the funding round, which also saw participation from IL&FS Investment Managers’ Tara India Fund IV and angel investors. Taaza said it plans to use the investment to bolster its technology and expand across southern India, reports said.


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Despite the length of time the property has been in the marketplace (the film was released nearly a year ago), retail toys sales have remained strong. Most recently, Frozen has been holding the top weekly spot since kids went back to school in early September.
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A Memorandum of Understanding (MoU) has been signed between CSIR’s Central Electro Chemical Research Institute (CECRI) (Karaikudi, Tamil Nadu) and RAASI Solar Power Pvt Ltd to set up a lithium-ion battery manufacturing plant in India.
This will be India’s first attempt at making the highly in-demand batteries that power our phones, laptops and some of our cars. A new method of Lithium-ion battery, or Li-ion, battery production has been devised by a team of scientists collaborating with other government departments.
The scientific team is headed by Dr. Gopu Kumar, and the ultimate aim of the manufacturer undersigning the agreement – RAASI Solar Power – is to bring down the cost of producing Li-ion batteries to under INR 15,000/kW (~$221/kW) in order to allow it to compete with its contemporary, lead-acid batteries.
At this point, it is unclear whether this project will help India compete in the global EV battery market. India is the largest economy to still enter that segment, with the U.S. and China being the global leaders.
No, they’re not going to be contending suppliers for Model 3 EV batteries just yet, but baby steps are better than no steps at all.


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M83 are no strangers to pushing boundaries when it comes to delivering new music. M83 front man Anthony Gonzalez has recently produced an album of digital delights, inspired by 80's video games, retro synth music and surreal fantasy movies titled 'DSVII'.
Months ago, Hello There Games teased their new game 'Invector' featuring music from Swedish superstar Avicii. The rhythm-based video game released exclusively for PlayStation 4, saw its release on December 6 and features a 22-song tracklist, including songs such as 'The Nights',
After releasing his latest tune Oops last week to coincide with the E3 gaming convention, Dutch sensation Martin Garrix has added to the hype surrounding the colourful track by dropping a promotional online game to keep up with the productions video game
As a special Christmas treat for fans, Steve Aoki has released his remix of the Minor Circuit theme from classic video game 'Punch-Out!!'.Giving us a nice twist and using synths reminiscent of old 8 bit tracks, this main stage anthem


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Undoubtedly, there is plenty of good economic news. The jobs report issued last week by the Labor Department showed strong growth and an unemployment rate of 3.6 percent — the lowest in 50 years.
While we frequently issue reminders that presidents do not deserve all the credit — or the blame — for economic trends, President Donald Trump’s policies have been effective. There are some caveats — notably, a soaring national debt that continues to be ignored in Washington, D.C. — but the most important thing is to shepherd an economy that creates jobs, and the Trump administration has done that.
That being said, we continue to worry about the president’s affection for tariffs and the long-term impact they will have on the growing economy. On Sunday, Trump took to Twitter and threatened to hike tariffs on $200 billion worth of Chinese goods. This came as a Chinese delegation is planning to resume talks aimed at resolving a trade war that has shaken financial markets and cast a pall over the global economy. Trump said he would raise import taxes on Chinese products from 10 percent to 25 percent at the end of this week.
Trump claims that Chinese manufacturers are paying for tariffs. In truth, American consumers foot the bill through higher prices. As Jacob Kirkegaard of the Peterson Institute for International Economics explained to NBC News: “His assertion generally that the Chinese are paying these tariffs is just simply nonsense. It’s a complete misunderstanding of how tariffs work, because tariffs are paid by the importing company and those companies are overwhelmingly American. Ultimately, that means this is a tax paid by the American consumers.”
In March, a study led by the Federal Reserve Bank of New York estimated that tariffs are reducing U.S. income by about $1.4 billion a month.
In Washington state, any mention of tariffs leads to a bit of knuckle-cracking and teeth-gnashing. Washington is the nation’s most trade-dependent state, and unencumbered trade is essential to our economy. Imports and exports pass through our ports, our agriculture feeds people around the world, and an estimated 40 percent of Washington jobs are tied to international trade.
Only Texas and California exports more goods than Washington, and China is this state’s largest trading partner.
In February, the Washington Council on International Trade produced a policy paper examining the local impact of the United States’ trade war with China. “As tariffs continue, exporters lose market share and importers are forced to make suboptimal sourcing decisions,” the paper reads.
It also notes that each congressional district is affected by a trade war; in the 3rd District, for example, the impact is felt in the $360 million worth of logs the state annually exports to China.
Trump’s latest threat of tariff hikes is a negotiating ploy, an opening salvo leading up to trade talks. The strategy has worked thus far and, indeed, the United States must use what leverage it has against China’s theft of intellectual property and other violations of the principles of fair trade.
But Washington interests are understandably leery of the president’s impetuousness and the continuation of a trade war with our largest trading partner.
Washington’s economic ties with China reach communities throughout the state and are a linchpin for continued growth. With the economy booming here and throughout the country, the Trump administration should be cautious about tactics that will threaten that growth.