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- About bilaterals.org
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Call for speedy signing of India-EU FTA
IANS | Thursday Jan 10, 2013
Call for speedy signing of India-EU FTA
New Delhi, Jan 10 — Leading industrialists and members of government gathered here in a move to speed up signing of the free trade agreement between India and European Union (EU).
The meet to launch the India chapter of the Indo-European Business Forum (IEBF), a non-profit organisation to promote business between India and the 27-nation EU, was held Wednesday and included Minister of State for Commerce D. Purandeswari.
"The EU-India free trade agreement would help in creating jobs and investment opportunities, and will improve the living standard of people in both the regions," said G.P. Hinduja, managing director of Hinduja Group, who is on the advisory board of IEBF Wednesday.
As India’s largest trading partner, bilateral trade with EU in 2011-2012 stood at nearly $110 billion, up from $90.62 billion in 2010-11.
However, the proposed FTA has hit major stumbling blocks like the EU’s demands for raising the cap on foreign investments in the insurance sector and for decreasing tariffs across the auto segment.
Recently, Heavy Industries Minister Praful Patel said his ministry is agreeable to cutting duty on luxury cars imported from Europe as part of the proposed FTA with the EU. However, commerce ministry sources say that EU wants India to decrease tariffs on the entire auto segment.
There are other issues, for example, India wants European Union to bring down its non-tariff barriers. India also wants it to be declared as a data secure country so as to facilitate entry of Indian IT companies in EU.
Speaking on the occasion, Purandeswari described India as a growing giant that could no longer be ignored or marginalised in the global scenario.
"With a population of 1.2 billion, the Indian economy has become the third largest in Asia in terms of purchasing power parity. It is slated to be the fifth largest consumer market in the world by 2025," Purandeswari said.
"Our business houses are going global, and many more Indian businesses are making themselves visible across the world," Purandeswari added.
Mohit Burman, managing director Dabur India said an FTA with the EU would boost trade and technology transfer.
"The agreement would have advantages like technology and knowledge transfer, infrastructure development, improvement in supply chains, increased competitiveness and skill transfer, which will strengthen the Indian and EU economies," said Burman.
News from the movements
4-May-2016 Public CitizenEurope, beware. The leaked TTIP text confirms that the United States is trying to export its failed regulatory model.
2-May-2016 ATTACDesde ATTAC argentina convocamos a la conformación de una Asamblea amplia y abierta con el objetivo de armar un espacio de campaña frente a los anuncios del gobierno de Mauricio Macri en el área de política comercial.
29-Apr-2016 Amigos de la TierraLos riesgos derivados del TTIP para la agricultura europea.
28-Apr-2016 Les Amis de la TerreL’accord commercial controversé entre l’Union européenne et les Etats-Unis pourrait être synonyme de catastrophe pour l’agriculture européenne, selon un nouveau rapport des Amis de la Terre.
28-Apr-2016 Friends of the Earth EuropeThe controversial trade deal being negotiated between the EU and the US could spell disaster for European farming, finds a new report from Friends of the Earth Europe.
22-Apr-2016 NotiméricaRepresentantes y activistas de más de 40 ciudades de toda Europa se han dado cita en Barcelona para intercambiar experiencias y tejer estrategias comunes para plantar cara al TTIP.
UE-Tunisie : 1er cycle de négociations commerciales. Diktat de la libéralisation commerciale ou partenariat authentique ?Mais plutôt qu’un partenariat, l’ALECA révèle en fait l’impérialisme commercial agressif de l’Union européenne.
21-Apr-2016 Forum Against FTAsAs the 12th round of trade negotiations for the RCEP commence in Perth (Australia) from 22 April onwards, several civil society organisations in India have raised concerns around transparency and possible negative impacts on several issues ranging from access to medicines, tax policy, investor rights and farmers access to seeds.
bilaterals.org is a collaborative space to share information and support movements struggling against bilateral trade and investment deals which serve corporations, not people. Multilingual. Global. No one owns it. Open publishing. Get involved.


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Think you are too smart to fall for phone scams? Not so fast. In 2018, American consumers lost more than $488 million to a type of fraud that the Federal Trade Commission (FRC) calls “imposter scams.”
One particularly common and effective type of imposter scam is the fraudster posing as a government official. In fact, the FTC says that fake government calls now top the list of imposter scams. We’ve frequently posted about IRS tax season scams. In the Washington Post, Michelle Singletary warns that the latest hoax calls tell you that your Social Security number is being suspended. There re several variations to the scam, often elaborate stories about how your Social Security number turned up in crimes. The end goal is to either get you to reveal your number or to pay a fee to “reinstate it.” Some scenarios even threaten arrest. She quotes an FTC official:
“If you get a call out of the blue from someone claiming to be from a government agency like the Social Security Administration or IRS asking you for personal information or money, it’s a scam,” said Andrew Smith, director of the FTC’s Bureau of Consumer Protection.
Check out the tips and advice she offers for how to spot and avoid this scam. And here’s an FTC infographic for a typical telephone IRS scam – it’s a pattern that is common for SS# and other governmental scams, too.

domain: news


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July 06, 2020
Hydraulic fluids play a vital role in keeping the world moving. The demand for eco-friendly, biodegradable hydraulic fluids is growing, supporting a more sustainable, safer and cleaner future.
June 01, 2018
For decades, the tractor hydraulic fluid (THF) market has been riddled with low-quality fluids that are sold to consumers as legitimate THFs. Learn more about the dangers of these "yellow bucket" fluids in this article, originally published in ILMA Compoundings.


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- The possibility that multinational businesses may create and transact in their own cryptocurrencies is not "unreasonable" in the medium term, according to Blockchain Capital Limited's Gavin Brown.
- In an era where companies such as McDonald's have a higher credit rating than countries such as Ireland, Brown said, the notion that multinationals may issue their own currencies and request that their customers purchase with them is "not that outlandish."
The possibility that multinational firms may create and transact in their own cryptocurrencies is not "unreasonable" in the medium term, according to one blockchain expert.
"What we're seeing really is the democratization of money so you know, if you and I wanted to, we could create a CNBC coin," said Gavin Brown, co-founder and director at venture capital firm, Blockchain Capital Limited, at the Credit Suisse Global Supertrends Conference in Singapore. "Within three hours, we could have it up and running, and when we transact with people, we could request that we do it using that particular coin."
The question that remains is: "Will people trust that coin?"
"They will trust it if they trust your brand and if they trust your product," Brown told CNBC's Martin Soong on Tuesday.
To illustrate his point, Brown used the example of Starbucks prepaid cards.
"They've got, you know, over a billion dollars of assets worth on their balance sheet of people who prepaid coffee on their charge cards in advance and that's because they trust the brand, they like the product and they're confident it will be there," said Brown, who is also a lecturer in Financial Economics at the Manchester Metropolitan University.
In an era where companies such as McDonald's have a higher credit rating than countries such as Ireland, he said, the notion that multinational firms may issue their own currencies and request that their customers purchase with them is "not that outlandish."
"Facebook coin is ... probably the next big one that's coming," Brown added. The social media giant is reportedly developing a cryptocurrency for global payments that will be tied to the value of traditional currencies and available through its WhatsApp messaging app, according to Bloomberg and The New York Times. Facebook has not publicly commented on those reports.
Asked about the possibility of confusion if too many companies start issuing their own currencies, Brown said: "What we're probably likely to see is ... almost like groups or alliances coming round around mainstream currencies."
"As that continues to be successful ... we would see the strength of that particular currency rise and therefore, it would obviously help J.P. Morgan as the issuer of that currency as well," he noted.
— CNBC's Kate Rooney contributed to this report.


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The vulnerability in sim cards may make more than 1 billion mobile phone users tracked worldwide
- ConsenSys and AMD develop blockchain-based cloud computing infrastructure
- Google Drive, Apple iCloud and Dropbox: Which is the best cloud storage?
- Benefits of ERP technology in cloud computing
- 5 reasons why enterprises should use cloud computing
- The combination of cloud computing and virtual private network
- Microsoft arrangements to utilize ARM chips for cloud computing
- Cloud computing - A simple explanation
- Adobe earns big on 'the cloud'
- New Window Server: Breakthrough on cloud security (Part 2)
- New Window Server: Breakthrough on cloud security (Part 1)
According to PhoneArena, many mobile phone models of many manufacturers in the market can be taken advantage of by Simjacker flaw. About over 1 billion devices have been affected worldwide. AdaptiveMobile Security said it believed that the vulnerability was developed by a private company working with governments to track the locations of individuals around the world. This vulnerability allows a bad guy to collect IMEI-specific numbers for each phone.
Some SIM cards supported by GSM carriers contain something called the S@T browser included in the SIM Application Toolkit. When S@T is used to launch browsers (like the WAP browsers that were available on previous feature phones), Simjacker will send a binary SMS to the browser with instructions for it to collect location data and the IMEI number then send the obtained information to an "accomplice device" also using binary SMS.
Because today's smartphones use HTML browsers, the S@T browser is redundant. Nevertheless, AdaptiveMobile Security discovered that carriers in 30 countries with more than 1 billion mobile phone users are still activating S@T technology. Perhaps the number of affected devices will be lower because many carriers no longer use SIM cards equipped with S @ T browser technology.
Some phone numbers have been tracked hundreds of times within a week
The AdaptiveMobile Security report showed that many individuals were being monitored daily by Simjacker. In particular, there were telephone numbers being tracked hundreds of times over a period of 7 days.
Tracking a flawed device requires a cheap GSM modem to send messages to the SIM card containing the S@T browser technology. Using binary SMS which unlike traditional text messages, phones can be instructed to collect information and pass it on to the bad guy behind the incident. The report emphasized: "During the attack, users were completely unaware that they were being hacked, that their information had been successfully extracted and transferred."
The tracking activities through Simjacker have now been expanded to "carry out many other types of attacks against individuals and carriers, such as scams, spam calls, information leaks, refusals to provide service and espionage."
The only positive thing about this type of attack is that it relies on old technology which was theoretically removed. But until S@T technology is completely wiped out from every SIM card, Simjacker remains a threat. And now, according to AdaptiveMobile Security's Cathal Mc Daid, "now that the vulnerability has been discovered, it is certain that the villain behind the vulnerability and other bad guys will find a way to transform this type of attack into other areas".
The GSM Association says it is aware of the Simjacker flaw and will work with researchers and the mobile industry to find out which SIM cards are affected, and how to block malicious messages from being sent.
By: Joe Cook


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site.btaConstruction of Electric Car Factory in Lovech Has Practically Started
The construction of a factory for electric cars in Lovech has practically started, BTA learnt Wednesday from Lyubomir Stanislavov, CEO of Next.e.Go Bulgaria and head of Automotive Cluster Bulgaria. The factory will be located on the ground next to the former Balkan factory in Lovech, where some of Bulgaria's first cars, bicycles, motorcycles and airplanes in Bulgaria were produced in the past.
The investment was agreed a year ago by then-Economy Minister Kiril Petkov.
Stanislavov believes that the first electric cars will start rolling off the production lines before the end of next year.
"We can practically say that the construction has started. The main contractor has been picked and is preparing the factory campus," said Stanislavov.
A project supervisor has also been selected.
The largest construction and construction supervision companies in Bulgaria will be involved in this project, he said.
Large-scale production is planned to start in 2024.


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RICHMOND, Va. (WRIC) – Some businesses across Virginia are being hit with big fines after a new law went into effect regulating the hemp industry last month.
The new law, which went into effect on July 1, makes it illegal to sell edible hemp product with more than 0.3% THC, the active ingredient in marijuana. Plus, if the product has more than two milligrams of THC, it must have 25 times the amount of CBD, a non-intoxicating ingredient.
8News obtained documents through a Freedom of Information Act (FOIA) from the Virginia Department of Agriculture and Consumer Services (VDACS). The documents show that between July 1 and July 31, the department conducted inspections at seven stores across the commonwealth to make sure businesses were following the new regulations for hemp products. VDACS found violations at all seven stores.
One store in Gate City, which is near Bristol, had the largest fine at $97,500. This fine, along with fines coming from the six other stores, brought the total fine amount to $221,500.
At the seven stores, 137 hemp products were deemed to be in violation of the new law. Thirty-five products contained more than 0.3% THC and 48 contained more than two milligrams of THC without the proper ratio of CBD.
Other violations included products not being in child-resistant packaging. Some products, including a Berry Crunch and Cinnamon Cereals Bars sold at the store in Gate City, violated the law’s provision that prevents a product containing THC from bearing any significant likeness to another manufacturer’s product.
If a store removes the illegal products and agrees to other rules set forth by VDACS , their fine will be reduced to no more than $10,000.


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T-Mobile and AT&T aren’t the only wireless carriers pushing out new deals for the new year. Sprint is getting in on the action with a new plan and pricing aimed at the family.
Dubbed the Sprint Framily Plan, the idea is to let consumers decide who they consider family. That may mean your favorite barista becomes your brother, your fantasy football team become your cousins, and the parents on your son’s soccer team become in-laws. Any group of family, friends and others can now be considered, as Sprint calls it, “framily.”
According to U.S. census data from 2010, 60 percent of the total U.S. households are made up of fewer than three people and are growing more quickly than larger households. The Sprint Framily plan offers these 60 percent of households the opportunity to create a family plan with virtually any group who wants to come together to purchase wireless service.
Made for the Modern Family
“The Sprint Framily Plan redefines the way we think of family plans and gives our customers the power to decide who will be a part of their group and gain greater savings as more members are added,” said Dan Hesse, Sprint CEO.
Here’s how it works: First off, the Sprint Framily Plan is available to new and existing customers. The more people added to the group, up to 10 phone lines, the greater the savings for everyone on the plan. Because each account can be billed separately, customers can choose who is in their group.
For one line of service, new Sprint customers pay $55 per month per line for unlimited talk, text and 1GB of data. For each additional new Sprint customer that joins the Framily group, the cost per person goes down $5 a month up to a maximum monthly discount of $30 per line. Build a group of at least seven people and everyone gets unlimited talk, text and 1GB of data for $25 per month per line.
All members of the group can customize their plans to meet their unique needs. For $20 per month per line, for example, Framily members can buy up to unlimited data plus get a new phone every year. Plans become available on Jan. 10.
Sprint’s Low CES Profile
We caught up with Jeff Kagan, an independent technology industry analyst, to get his thoughts on the Framily plan. He told us this new plan sounds good, but it's not the big announcement industry watchers would expected at the 2014 International Consumer Electronics Show (CES) in Las Vegas. In fact, he said he’s not sure what to make of Sprint’s relatively low profile at CES.
“This plan should help Sprint hang on to more customers since that has been their problem over the last few years. They have been losing customers. They are still losing customers,” Kagan said.
“I hope that will change and Sprint will start growing again after the Softbank acquisition. However, this plan is a defensive move on Sprint’s part, not offensive. I think the purpose is more to slow customer losses. It's a good idea. Hopefully that is helpful. Sprint hasn't given us too much to talk about at CES this year,” he added.
In order to leverage the new plan, customers just need to purchase eligible wireless phones at full retail price or through the Sprint Easy Pay program and pay in 24 monthly payments. Customers also can activate existing Sprint phones.
New customers will be given a unique Framily ID, at which point they can invite friends and family outside of Sprint to join their groups. Or, new customers can join existing Sprint Framily groups within 14 days of account activation.
However, existing Sprint accounts cannot be combined into one Framily plan unless both accounts are owned by the same person. The price of the Framily Plan for customers currently on plans with discounted phones is an additional $15 per month per line for service until the customers' lines are upgrade eligible.


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Shops selling essentials in Uttarakhand to remain open for six hours tomorrowPTI | Dehradun | Updated: 26-03-2020 22:48 IST | Created: 26-03-2020 22:28 IST
The Uttarakhand government on Thursday decided to let the shops selling essentials in the state to stay open for six hours instead of three to stop overcrowding in market places. Shops selling essential articles will remain open from 7 am to 1 pm instead of just three hours till 10 am to ensure better compliance of social distancing norms which alone can curb the coronavirus spread, officials here said.
Opening shops for just three hours in the morning was leading to overcrowding at market places, they said. Vegetables, fruits, and milk will remain available all day and vegetable vendors can go from door to door, they said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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VC activity revs up as electric vehicles prepare to go mainstream
“Recent weeks have seen an acceleration—pardon the pun—of news and developments related to electric vehicles.
There’s been everything from China setting EV sales quotas to vacuum and hair dryer maker Dyson spending billions to get in on the action. A cavalcade of EV-related announcements out of Europe includes plans for massive battery factories, high-speed EV chargers appearing at gasoline stations, and aggressive plans for electrified vehicle rollouts.
Volvo plans to have an electric motor in every new car by 2019.
General Motors has plans for 20 new all-electric models by 2023.
Ford is spending $4.5 billion over the next five years to add 13 electric models.
With Tesla ramping up production of the Model 3 (with apparent difficulty, it should be noted), Nissan on the verge of releasing its second-generation Leaf, and lithium-ion costs continuing to fall, it feels like we’re at a tipping point.
Private market investors are responding, with VC dealmaking ramping up after a lull…”
#future = #REALnews #selfdrivingcars #autonomousvehicles #robots #tech #innovation #science #design #singularity #engineering #automation #AI #artificialintelligence #cars #sustainability #climatechange


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Apple is generating a nice profit on its latest iPhone.
The company’s latest release, the iPhone SE, costs Apple $160 to build, according to analyst IHS (IHS) and its Teardown and Cost Benchmarking service. The analysis firm, which tears down devices and estimates their cost, says that all of the 16GB iPhone SE’s components cost a total of $156.20. The iPhone maker spends a little less than $4 on actual manufacturing, bringing the total cost to build the handset to $160, IHS estimates.
Apple started shipping the 4-inch iPhone SE on March 31. The smartphone sports a 4-inch screen, Apple’s A9 processor, and a 12-megapixel camera. The iPhone SE is designed to compete within the mid-range smartphone market as well as emerging markets around the world, where customers are buying their first or second smartphones.
At $160, Apple’s 16GB iPhone SE is a nice money-maker for the company. Apple sells the 16GB model for $399 along with a $499 64GB option, which is about $11 more expensive to build because it comes with more storage. Assuming the IHS data is correct (the company only estimates costs and does not get data from Apple), Apple is thought to be generating a profit of $239 on each 16GB iPhone SE it sells. Apple makes $328 on the 64GB model, IHS estimates.
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In other words, Apple’s iPhone SE is one profitable handset. Additionally, the iPhone SE could be a hefty contributor to Apple’s bottom line this year. The tech giant boasts it sold 30 million 4-inch iPhones last year, alone.
Those who have been watching Apple’s quarterly results, however, are likely not surprised. The Cupertino, Calif.-based company generates billions of dollars in profits each quarter, thanks in large part to its ability to reduce component and manufacturing costs but still offer its devices at lofty price tags. During its last-reported quarter ended December 26, for instance, Apple’s profit hit $18.4 billion on $75.9 billion in revenue. Both were quarterly records.
While Apple doesn’t break out its profit margins for each product category, the iPhone is critical to its success. During the last-reported quarter, Apple’s iPhone accounted for nearly $52 billion of its total revenue. It’s also been one of the main drivers for the company’s profits over the years, thanks to Apple’s ability to control its supply chain and keep costs low whenever possible.
For more about iPhone, watch:
According to IHS, one of the iPhone SE’s “costliest” components is its 4-inch display, which costs about $20 on its own. IHS estimates Apple pays $22 for the iPhone SE’s A9 processor and $15 for the processor that handles wireless connectivity to carrier networks. The lithium-ion battery in the iPhone SE costs just $2.15, according to IHS.
In addition to pricing, IHS found when looking under the iPhone SE’s hood that it’s an “amalgamation” of several predecessors. The company noted that the iPhone SE comes with identical components to the iPhone 6 and iPhone 6s, including the radio frequency chips in the former and the A9 processor in the latter. Apple also likely saved some cash by delivering a nearly identical design to the iPhone 5s, which was discontinued after the iPhone SE was unveiled.
That said, the iPhone is no treat to manufacture. In fact, Apple enlisted the help of three manufacturers—Japan Display, LG Display, and Sharp—to ensure it can accommodate customer demand.
Read more: Here’s How the iPhone SE Survived a Torture Test
“Because the iPhone display is difficult to manufacture, Apple has qualified three suppliers to ensure an adequate and ongoing supply,” said David Hsieh, senior director of displays at IHS Technology, in a statement.
Apple declined to comment on claims about its iPhone’s profitability.


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The global neuromodulation devices market is expected to reach a value of around $12.45 billion by the end of 2023. The industry is suggested to see increased growth in emerging economies in the coming years, especially in India and China. In these countries, an increasingly ageing population and increased prevalence of diseases such as obesity and coronary heart disease will drive growth in the global neuromodulation devices market.
The neuromodulation devices market in the emerging economies will also benefit from a rise in demand for non-invasive treatment options and medical tourism. Growth in this market will also be driven by the approval and launch of neuromodulation devices that are more effective and involve a more simplified, less-invasive implantation procedure.
Neuromodulation is one of the fastest growing sectors of the medical device market. Neuromodulation is a rapidly evolving medical technique that provides symptomatic relief through the alteration, or modulation, of nerve system function. It works by either stimulating nerves to produce a natural biological response or by applying small doses of pharmaceutical agents directly to the site of action.For more information on the Global neuromodulation devices market, please click here: Global neuromodulation devices market
Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.


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Car Deal Expert reported Thursday that GM had once again overtaken Toyota as the world’s largest automaker. However, Volkswagen is crying foul, saying its numbers are not all in, and that it intends to steal the crown for itself.
GM top dog for nearly 80 years
GM held the top annual spot for vehicles sold for nearly 80 years, until it was unseated by Toyota in 2008. But Thursday GM announced that it had sold more than 9 million units in 2011 and become number one again. By Friday, however, Volkswagen was asking for a recount.
Volkswagen says ‘count again.’
According to the Wall Street Journal, Volkswagen says it will be adding another 200,000 units to its total when figures come in from the truck makers MAN SE and Scania AB in a few weeks. VW owns controlling interest in the companies.
VW also called into contention GM’s inclusion of sales figures from China’s SAIC Motor Corp. and Liuzhou Wuling Motors Co. because GM does not have controlling interest in those companies.
The yearly scuffle
Every year automakers flaunt sales figures and compete for the bragging rights to call itself number one. What to count and what not to count becomes an annual bone of contention.
‘Annoying’ and ‘meaningless’
Rebecca Lindland, a senior analyst at IHS Automotive Consulting, said the yearly battle to determine the largest automaker is:
“Very annoying, and it’s also meaningless. The important thing is whether they are making money.”
VW actively seeks crown
Volkswagen seems hell-bent on claiming the crown of late. Over the fall sales season, the German automaker has reiterated its intention to sell 10 million cars by 2018 and become the world’s largest car maker.
GM’s Jim McCain, possibly in response to VW’s well-publicized bid for world leadership, said:
“Our goal is to be the best, not necessarily the biggest. If we had announced plans on world domination, we probably would have been quibbling with the sales of our competitors, and that’s as far removed from focusing on the customers as you can get.”


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On Wednesday, Leafly released a new report showing almost half a million Americans worked full-time in the cannabis industry. Despite challenges related to the pandemic, figures from the report show that the industry is growing as states such as Connecticut, New Jersey and New York look to implement retail sales.
Now in its sixth year of reporting, Leafly partnered with Whitney Economics, a firm that analyzes the cannabis economy. According to Leafly CEO Yoko Miyashita, the company’s operations filled the gap that has led to a lack of federal reporting. Moreover, the company also aims to advocate for social equity in federal legalization.
Adult-use markets and medical state markets saw a $6 billion increase in comparison to 2020’s figures. The total amount of cannabis products sold last year amounted to about $25 billion.
Furthermore, the marijuana sector is growing faster than other traditional markets. According to the report, 2021 marked the fifth year in a row that job growth was more than 27% in comparison to general businesses, which are expected to experience an 8% growth this decade.
Unlike the other sectors, expansion in the cannabis industry is being faced by job shortages. With pending enforcements in key states, more hiring will be done to match consumer demand. Miyashita says that the employment numbers show the potential of cannabis as an economic driver.
Last year, about 430,000 people were employed in the sector with a total of more than 100,000 new jobs created. This is the first time the number of new jobs exceeded six figures. In 2020, about 320,000 people were employed with a total of 77,300 jobs created. The report observes that there are now three times as many people working in the sector in comparison to dentists. Moreover, the report predicts that total employment will reach 1.75 million.
It is estimated that every day 280 jobs are created in the cannabis industry, which translates to a person getting hired every two minutes during a work day. Across states, the data figures on job revenue, sales and tax revenue supports the report’s overall observations. For example, the medical marijuana sector in Missouri accounted for one in every 10 jobs created.
State officials from Colorado reported that the state made more than $2.22 billion in sales and recorded $423 million in tax revenue. Meanwhile, Massachusetts made $74.2 million in the form of marijuana taxes in comparison to $51.3 million from alcohol.
According to a Marijuana Policy Project report, states where marijuana is legal made more than $10 billion in tax revenue since 2014 when licensing started.
This data is testament to the economic impact that state-licensed companies such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) are having in the jurisdictions where they are licensed to operate.
NOTE TO INVESTORS: The latest news and updates relating to Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) are available in the company’s newsroom at https://cnw.fm/RWBYF
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
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For more information please visit https://www.CNW420.com
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Financial planning website WalletHub released a new study about the vegan- and vegetarian-friendliness of the 100 most populated cities across the United States. The company compared 16 metrics aimed to paint a picture of the affordability and accessibility to meatless foods in each city. WalletHub found that New York City is the most veg-friendly, while Baton Rouge, LA fell at the bottom of the list. When it comes to specific metrics, Corpus Christi, TX touts the lowest priced vegetarian groceries while Honolulu, HI has the highest; Scottsdale, AZ boasts the highest percentage of restaurants that serve vegan options, while Newark, NJ is the lowest; and San Francisco had the most farmers markets per capita, while Newark, NJ had the least.
Wedding bells! You’re going to fall in love with VeganWeddings.com — a new website from the editors of VegNews.


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August 03, 2022 07:17 GMT
- EURHUF continues to retrace lower this morning, breaking below its 50DMA (399.40) and gradually approaching its ST support at 397 (MT upward trending support line).
- Next key level to watch on the downside stands at 393, followed by 390.
- On the topside, resistance to watch stands at 400, followed by 406.
- The NBH is expected to leave its 1W depo rate steady at 10.75% on Thursday, Aug 4, as the ease in risk aversion in the ST should continue to support the forint.
- This morning, economic data showed that retail sales rose by 4.5% in June (vs. 8.3% exp.), down from revised 10.9% the previous month.


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Fraudulent airline internet sites and other on line travel frauds have taken additional than $74.2 million from People since the commence of 2020, in accordance to fraud experiences collected by the Federal Trade Fee.
As journey commences to rebound, two senators are introducing legislation that would deter on line vacation booking cons.
Sens. Amy Klobuchar, D-Minn., and Steven Daines, R-Mont., announced the Protecting Buyers from Vacation Fraud Act on Thursday.
The legislation aims to safeguard tourists by requiring the FTC to update its web-site with details on how to establish and keep away from vacation frauds, and supply coverage tips for stopping on the internet journey reserving ripoffs. The FTC would also require to report ripoffs focusing on vacationers through the pandemic to Congress.
“As the pandemic comes to an stop and people today make programs to journey securely as soon as yet again, we will need to ensure individuals are safeguarded from unfair and deceptive techniques made to focus on vacationers,” Klobuchar said in an emailed statement to United states Right now. “This bipartisan legislation will enable secure individuals from travel cons and avert fraudulent actions in the journey and tourism business transferring ahead.”
Suggestions from Rick Steves:Defend you towards 21st-century travel frauds
What do vacation ripoffs search like?
The legislation is a reaction to a growing number of scammers posing as travel or scheduling brokers and making fraudulent airline sites.
Tourists will reserve what seems to be a terrific offer with a important airline as a result of these web-sites or customer support numbers, but never ever acquire a ticket. Scammers have also called tourists shortly immediately after they book their flight, demanding funds for a selling price enhance or extra cost, according to the Greater Company Bureau’s web page.
“Regrettably, we have observed a rise in travel ripoffs about the previous yr, and it is very important we guard buyers from these predatory acts,” Daines, said in an emailed assertion to United states Now. “I’m glad to do the job on a bipartisan bill that will assistance secure buyers and increase our travel overall economy.”
There have been almost 40,400 family vacation and journey fraud experiences with the FTC amongst Jan. 1, 2020, and June 1, for a total of $74.2 million in losses. All through that similar time frame, on the web searching fraud accounted for $39.1 million in losses and enterprise imposters accounted for $19.8 million, according to the FTC.
How to stay away from journey ripoffs
According to the Improved Business enterprise Bureau, tourists can prevent travel ripoffs by:
- Investigating a organization ahead of accomplishing enterprise with it.
- Double examining a website’s URL before coming into personalized or payment info to make confident it’s not an imposter site. Safe one-way links will start with “https://” and include a lock icon on the order page.
- Being wary of 3rd-party internet sites, especially all those that have no working client support selection, no physical deal with, typos and grammatical mistakes.
- Making online buys with a credit score card, which are a lot more quickly disputed than other payment procedures.


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From Walking Around Naked to Updating Facebook Privacy Settings, Younger Generation's Views On Privacy Are Changing
Survey from online privacy company Abine finds that definitions of privacy and ways in which we maintain it are rapidly evolving in the 21st century with the potential to drive industry growth
Apr 23, 2013, 09:05 ET
BOSTON, April 23, 2013 /PRNewswire/ -- A recent survey by Abine, Inc. reveals generational differences in privacy views, as well as common trends with the potential to drive growth of the online privacy market. While 45 percent of Baby Boomers (ages 49-67) say they worry "often" about privacy, younger generations (Millennials, ages 18-30) are more likely to include the Web in their definition of privacy and have taken proactive steps to protect themselves, such as creating content to improve Google search results or using multiple email addresses.
According to Abine's survey of 1,004 U.S. Internet users, Baby Boomers and Millennials differ in their perceptions of privacy and how they approach maintaining it. Baby Boomers are 74 percent more likely to choose a traditional, offline description of privacy ("the right to be free from others watching me") and be less concerned with guarding their privacy in person (Baby Boomers are 42 percent more likely to walk around naked in locker rooms). Millennials are 177 percent more likely to choose a modern, data-centric definition ("being able to delete anything about me online").
Despite these differences, there are significant trends showing that online privacy matters to everyone and has the potential to shape the privacy industry in the 21st century:
- 90 percent of all respondents say they worry about their privacy
- More than half (51 percent) say they would pay for greater privacy protection
- Older generations are 105 percent more likely to pay more than $100/year, while younger generations are 20 percent more likely to pay up to $10/year
- Most people worry about giving out their personal information online, with 85 percent listing disclosure of credit card numbers and 82 percent indicating contact information (i.e., email, phone number and home address) as a primary privacy concern
"Consumers rate privacy as more important than ever, yet they have less control over when and where their personal information is shared than ever before," said Bill Kerrigan, Abine CEO. "The fact that more than half of respondents would be willing to pay for more online privacy shows a real market demand for solutions. This shared consumer mindset and growing concern over the rise of big data will determine the future of the privacy industry."
The survey also found that while 97 percent of respondents have taken some action to protect their online privacy, Millennials tend to use a wider variety of privacy tools and techniques:
- Millennials are 15 percent more likely to have used in-browser privacy features, like Do Not Track or private browsing mode
- Millennials are 214 percent more likely to have created content to improve search results for their names
- Millennials are 126 percent more likely to have used a private search engine and 37 percent more likely to have used a proxy or Virtual Private Network (VPN)
- Baby Boomers are 25 percent more likely to have done nothing to protect their online privacy
Additional generational differences revealed by Abine's survey include:
- Millennials are 84 percent more likely to distrust Facebook with their data
- Millennials are 23 percent more likely to be worried about their social information online (e.g., friends, likes, posts, tweets and interests)
- Baby Boomers are 33 percent less likely to share their email passwords
- Millennials are 23 percent more likely to worry about censoring themselves online out of fear that what they say will come back to haunt them in the future
Abine leads an emerging industry of consumer privacy companies creating tools to help consumers proactively take action and address the lack of online privacy control today. More than four million consumers have downloaded Abine's free tracker-blocking tool, DoNotTrackMe (DNTMe). The company expects a run rate of more than 15 million DNTMe downloads by the end of 2013.
Abine provides consumers with online privacy solutions that are innovative, easy to use, and work for everyday web users. With proven tools, Abine enables people to both benefit from the Web and retain control over their personal information. Abine is backed by premier venture capital firms Atlas Venture and General Catalyst Partners. Abine: Online Privacy Starts Here™. Abine.com.
SOURCE Abine, Inc.
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WeWork's Value Falls as $47 Billion of Lease Obligations Worries Investors
The $47 Billion of lease obligations is far from the only worry that investors have about WeWork's valuation and business prospects. The business model as pointed out by legendary real estate tycoon Sam Zell has been around for 70 years. Furthermore, Zell points out that every company that has been in this space has gone "bust".
WeWork lost 1 billion in operating income in the first half of 2019, a higher loss than in 2018, despite continued revenue growth. The company also missed its 2018 revenue forecast by 30%. This same management is asking for shares that have voting rights equaling 20x other shareholders. The company also does not possess any unique technology or patentable ideas. It is simply a fashionable sharing space.
WeWork's largest competitor Regus has been around for decades offering the shared office space model. Regus is also solidly profitable, with similar revenue to WeWork, in the mid $3 billion range. Yet, Regus is only worth $3.6 billion and has been a public company since 2001. WeWork's last funding round was at a market capitalization of nearly $50 billion. The disparity in value can explain why the recent IPO efforts of WeWork management and their largest shareholders Softbank, have been met with very little investor interest from Wall Street. The firm is considering slashing their value by up to 2/3's from their previous funding round to a market value of less than $20 billion.
In addition to Regus, Silverstein Properties has offered a shared office space firm in Silver Suites for many years and many rivals including NextSpace, Workbar and Industrious have popped up. All of these firms have offered generally the same business plan as Wework, with a few changes here and there creating their own unique brand of shared office space.
With mounting losses and many competitors, the outlook for WeWork is grim.
Written by Alexander Fleiss


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Tesco is to stock Claudi & Fin Greek-style frozen yoghurt lollies, in the latest supermarket listing for the ‘mumpreneurs’ business.
Arriving in 440 stores from next month, the range will include a mixed-flavour multipack developed exclusively for the supermarket. The eight ‘mini’ (30ml) lollies in each pack will include new flavour peach & apricot.
The listing caps a “phenomenal” first 18 months for Claudi & Fin, said brand founders Lucy Woodhouse and Meriel Kehoe, who met at a South London playgroup and have since secured national listings with retailers including Sainsbury’s, Waitrose, Ocado and Budgens.
“The Tesco listing will introduce new customers to our brand, giving us access to areas of the UK that currently don’t know us, taking our healthy yoghurt lollies to a wider audience for everyone to enjoy,” said Kehoe.
Woodhouse added that the past few months had been “a whirlwind… but we don’t see things slowing down”.


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Dell today unveiled a host of new business workstation, desktop, laptop and tablet systems based on Intel's new Sandy Bridge 32nm microarchitecture, with shipments expected to start next month. Laptops...
The new MacBook Pro is powered by 10th-generation Intel Core processors
France’s competition authority claims Apple struck deals to keep iPad prices high
After months of trying to cajole the HP board into agreeing a deal, Xerox's CEO formally tables acquisition offer
Long rumoured shift from Intel to in-house designed ARM processors is imminent, noted Apple analyst claims
Sixty-four core AMD Threadripper 3990X, out on 7th February, unveiled alongside Ryzen 4000 mobile processors


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Google, a trailblazer in technology and artificial intelligence (AI), has recently introduced its latest AI model, Gemini. Positioned as a contender against OpenAI’s GPT, this next-generation AI model is being hailed as the most potent AI ever developed.
Overview of Gemini
Gemini represents Google’s cutting-edge foundation model, succeeding PaLM 2, the current AI model behind Google’s Bard chatbot and recently unveiled features. In its current state, Gemini is undergoing training with a focus on multimodality and seamless integration with tools and APIs, fostering broader collaborative efforts. Additionally, its design accounts for upcoming advancements, including enhanced memory and planning capabilities.
The highly anticipated release of Gemini AI was slated for the fall of 2023. The Pro version of Gemini is already accessible, with the Ultra version scheduled for an early release next year. This paves the way for advanced breakthroughs, particularly in fields like medical science.
Impact and Future Trajectory
Gemini is poised to exhibit advanced multimodal capabilities, excel in human-like conversations, language comprehension, and content understanding. It aims to proficiently interpret images, code, facilitate data analytics, and empower developers to create innovative AI apps and APIs. In the foreseeable future, Gemini is anticipated to play a central role, if not power, across most of Google’s products and services.
Google emphasizes that Gemini is undergoing “fine-tuning and rigorous safety testing.” Upon completion, similar to PaLM 2, the Gemini foundation model will be available in various sizes and with diverse capabilities.
The introduction of Google’s Gemini AI signifies a significant milestone in the realm of artificial intelligence. With its advanced features and potential for diverse applications, Gemini is poised to redefine the AI landscape, unlocking new avenues for technological innovation.


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Global shortage of popular toys expected as China output hit
The maker of the world's most popular toy said he fears the coronavirus outbreak will lead to global shortages of toys as early as Easter as factories in China are left incapacitated.
"It's going to hit the toy business big time," said Isaac Larian, founder and CEO of MGA Entertainment, the company behind the miniature collectables LOL Surprise! "There is going to be a shortage on hot toys, worldwide."..


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CVS Caremark’s annual meeting of stockholders held Wednesday morning was an emotional and momentous occasion for the company as it marked the official retirement of Tom Ryan, former chairman and CEO, and the beginning of a new chapter as Larry Merlo takes the reigns as CEO.
With all the talk among the investment community and press about what CVS Caremark should do with its PBM business, it really comes as little surprise that president and CEO Larry Merlo hit the topic head on during Thursday's first-quarter conference call — insisting that there are no plans to split the company.
CVS Caremark is “off to a good start” in 2011 as first-quarter results registered slightly above guidance for both the retail and PBM businesses, and the retail segment continues to gain share. But what president and CEO Larry Merlo wanted to clarify straight away during Thursday morning’s conference was the company’s commitment to its PBM division, and he outlined its plan to further improve PBM performance.
On the final evening of the National Association of Chain Drug Stores Annual Meeting in Scottsdale, the association for the first time honored two individuals in the same year with the Sheldon W. Fantle Lifetime Achievement Award: Mary Sammons, chairman of Rite Aid, and Tom Ryan, chairman of CVS Caremark.
When the pharmacist talks, people listen. The real gem to come out of this survey is where that pharmacist is standing when delivering that over-the-counter recommendation. (Here’s a hint: It ain’t behind the pharmacy counter.)
With more than two-thirds of Americans either overweight or obese, weight management undoubtedly is a critical health issue facing the nation. And the news that RediClinic now is offering a weight-management program speaks to a larger trend with the convenient care industry: expanding service offerings beyond acute care, which includes, for some operators, tools to tackle obesity.
The emergence of the reports by Kalorama Information and Rasmussen Reports are important because they underscore the important role that retail-based healthcare clinics — and the nurse practitioners who work within them — increasingly play in the nation's healthcare system.
The American Pharmacists Association on Monday released its 2010 Pharmacy Today over-the-counter product survey and found that 92% of pharmacists walk a patient to the OTC section to assist with a product selection, noting that the average patient consult takes only three minutes of the patient's time.
Two associations representing dietary supplement companies criticized a British Medical Journal meta-analysis published April 20 that concluded calcium and vitamin D supplementation may increase risk of heart attack and stroke.
Calcium causes heart attacks! Vitamin E kills! Vitamin D makes your eyeballs explode! OK, the last headline was just made up, but these are the kind of B-movie headlines many of these inaccurate meta-analyses generate, especially across the dietary supplement industry.
Newly promoted Rite Aid EVP merchandising Tony Montini isn’t new to the company, having served brief stints there in the late 1980s and early 2000s. But the retailer’s latest initiatives, and the leading roles that Montini and SVP merchandising Bryan Shirtliff will take in them, are the kinds of things that will let the two really leave their mark on the company — and on the industry.
Wegmans Food Markets and Walgreens have agreed to settle the lawsuit commenced by Walgreens in November 2010 in which the drug store chain claimed that certain Wegmans logos infringed Walgreens trademarks, the supermarket chain announced Friday.
Duh, winning! Because there are no losers in this. GlaxoSmithKline will be able to funnel its extensive marketing dollars into a stable of poised-to-explode brands, niche marketers can take those brands being sold and breathe fresh marketing life into them and retailers now benefit most of all because a greater portfolio of brands are being marketed with gusto.
Whoever named the genus to which ragweed plants belong “ambrosia” had a terrific sense of irony. The name, derived from Greek, refers to the food of the gods, but the plant is more like punishment from the gods, considering that it’s the main culprit in seasonal allergies.
In recent years, Duane Reade has gone from simply being Manhattan's homegrown pharmacy chain to a truly innovative retailer with unique product offerings and marketing concepts that even the biggest retailers can learn from. And visionary merchant Joe Magnacca has received a lot of credit for the chain's transformation — as he should. However, on the pharmacy side of the equation, Frank Scorpiniti was busy leading some important health-and-wellness initiatives at Duane Reade, including helping to develop a growing clinic program in one of the most difficult clinic markets in the country.
GlaxoSmithKline on Thursday identified the remaining noncore over-the-counter brands that it intends to divest as the company focuses its Consumer Healthcare business around a portfolio of fast-growing priority brands and emerging markets.


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A 7-year-old girl bit into a large Panera Bread chocolate chip cookie and reportedly discovered a rusty nail.
The girl’s mother, who had stopped in to the store to pick up the cookie on the way home to give to her daughter as a treat, notified Penara about her daughter’s disturbing and dangerous find in the takeout order. The Panera store in turn contacted law enforcement. The incident occurred on November 25.
Darien, Connecticut police have the nail-in-the-cookie matter under investigation. According to the police department, there is no basis for believing that the two-inch nail was deliberately baked into the cookie, and this is the only reported occurrence so far.
Panera Bread said it buys the cookie dough from a third-party vendor. According to the Darien Times, “Panera Bread receives deliveries of frozen cookie dough from a distributor and cookies are baked at the store. The Darien Panera Bread store has removed all of its cookies since the incident was reported. Panera Bread and [the distributor] are cooperating with the investigation.” Added the Hartford Courant, “The girl was not injured. The nail is approximately two inches long and is consistent with the type of nail used in the construction of wood pallets, according to police.”
The health department conducted a preliminary inspection of the Panera Bread restaurant earlier this week as part of the ongoing investigation.
According to a Panera Bread spokesperson, the “situation is currently being reviewed,” and added that “Our cookie dough is supplied by a third-party vendor who has procedures in place to detect metal.”
With about 1,500 franchises in the US, the Panera Bread chain is categorized as “fast casual” and has received numerous accolades for its healthy menu. It has also implemented a pay-what-you can concept in certain of its restaurants across the country.
[top image credit: Kmf164]


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Apple filed a lawsuit against HTC alleging infringement of 20 iPhone-related patents.
In the complaint filed with the International Trade Commission and in a US state court in Delaware, Steve Jobs’s company accuses the Taiwanese manufacturer of copying the iPhone’s interface and hardware with its products.
It should be noted that it is HTC that manufactures the Nexus One, marketed under the Google brand, launched in clear competition with smartphone from Apple, having also produced the first terminal with Android.
«We can sit around and watch the competition steal our patents or we can act,» says Steve Jobs, in a statement quoted by the international press. «We believe that the competition is healthy, but the competitors must bet on their own technology, and not steal ours.»
The patent war between manufacturers has been on the rise in recent months. Apple alone is awaiting three court decisions in disputes with Nokia, Fujitsu and now with HTC.


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Samsung Electronics has announced that it plans to invest at least $18.63 billion in South Korea as it seeks to extend its lead in memory chips and next-generation displays for smartphones.
The world’s biggest memory chip maker by revenue said the spending includes $13.5 billion by 2021 on its new NAND factory in Pyeongtaek. It will invest $5.2 billion in a new semiconductor production line in Hwaseong, but did not elaborate on timing or product. The new facility will focus on the production of Samsung’s fourth-generation V-NAND (64 layers), adding to the company’s leading capacity for cutting-edge memory products.
“With the dedication and support of our employees, customers and partners, our new Pyeongtaek campus represents a new chapter in Samsung’s semiconductor operations,” said Oh-Hyun Kwon, vice chairman and chief executive officer, Samsung Electronics.
According to Samsung, with two years of construction since it broke ground in May, 2015, the fabrication line at the Pyeongtaek campus is currently the largest single Fab in the industry.
With the new investments, Samsung aims to strengthen its global fabrication network and accelerate the overall development of the IT industry.
The company also said its Samsung Display plans to invest on a new organic light-emitting diode display complex in South Korea.


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3. According to the announcement, the new administrative center in Tongzhou will put infrastructure upgrades and ecological improvement on top of the agenda. The municipal government hopes to improve public services in education, healthcare, cultural events and industries in the district.
4. In this Jan. 9, 2007 file phtoo, Apple CEO Steve Jobs holds up an Apple iPhone at the MacWorld Conference in San Francisco. Jobs the CEO,


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OnePlus 10 Professional first look has been shared by firm co-founder Pete Lau, and the teaser picture shared by the chief confirms that the upcoming flagship smartphone will pack a triple rear digital camera setup co-developed by Hasselblad. It is going to mark the second yr that OnePlus has partnered with the Swedish pictures gear firm. OnePlus has additionally shared a brief clip revealing the 2 color choices that OnePlus 10 Professional might be obtainable in. In the meantime, a pre-registration itemizing reveals the cellphone might be launched in China on January 11.
OnePlus co-founder Pete Lau tweeted a picture teasing the design and “a refreshed new OnePlus x Hasselblad digital camera module” of OnePlus 10 Professional. The picture additionally confirms that the cellphone can have a triple rear digital camera setup that has been leaked in previous leaks and renders. Lau says that the corporate has labored exhausting on “a number of upgrades to create a really well-rounded flagship with the OnePlus 10 Professional.”
Within the picture, we are able to see a sq. digital camera module with 4 cutouts — three for cameras and one for the LED flash. It has Hasselblad branding, and the module wraps round the precise backbone of OnePlus 10 Professional. There’s OnePlus branding on the again, and the precise backbone additionally has the facility button together with the alert slider. The cellphone is seen in two color choices.
In the meantime, OnePlus confirmed in a brief video clip on Twitter that OnePlus 10 Professional will are available in Volcanic Black and Emerald Forest color choices.
OnePlus 10 Professional is now obtainable for pre-orders in China. It has been listed on varied retail web sites together with Oppo retailer, JD.com and Tmall. Additionally it is listed on the OnePlus retailer for pre-registrations. The JD.com itemizing reveals that the handset might be launched at an occasion scheduled for 2pm native time (11:30 am IST). It additionally reveals that the cellphone might be obtainable in three storage configurations: 8GB + 128GB, 8GB + 256GB, and 12GB + 256GB.
OnePlus 10 Professional specs (anticipated)
OnePlus 10 Professional is claimed to run on Android 12-based OxygenOS 12. It might sport a 6.7-inch QHD+ show. The cellphone is confirmed to make use of LTPO 2.0 expertise, and have 120Hz refresh price. It’s rumoured to be powered by the Qualcomm Snapdragon 8 Gen 1 SoC. It might include as much as 12GB of LPDDR5 RAM, and as much as 256GB of UFS 3.1 storage.
It might characteristic a 48-megapixel major digital camera, a 50-megapixel wide-angle digital camera, and an 8-megapixel digital camera. On the entrance, OnePlus 10 Professional is tipped to get a 32-megapixel selfie digital camera. OnePlus 10 Professional can be tipped to have an IP68-certified construct for mud and water resistance and a 5,000mAh battery.


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Consumers’ Research Commends Repeal of CFPB Arbitration Rule
Last night, the U.S. Senate voted to rescind the Consumer Financial Protection Bureau’s (CFPB’s) Arbitration Rule under the Congressional Review Act. Passed by the House in July, the Joint Resolution now heads to the White House. Consumers’ Research commends the Senate on its action, and we encourage President Donald Trump to sign the Joint Resolution of Disapproval as soon as possible.
The CFPB sought to push consumers towards class-action litigation by banning the use of mandatory arbitration clauses in financial services contracts. The Bureau’s own research shows that in arbitration, consumer complaints are resolved in months with an average compensation of just under $5,400 from arbitration. That same research found that class actions lawsuits take years to conclude and only return an average of $32 to consumers, often in the form of free credit monitoring and other non-monetary rewards.
Kyle Burgess, Consumers’ Research’s Executive Director, made the following statement on the repeal:
In striking down the CFPB’s Arbitration Rule, the U.S. Senate has made it clear that it supports the best interests of everyday consumers over that of trial lawyers. Had the Arbitration Rule gone into effect, it would have increased the cost of credit and led to consumers receiving worse outcomes when they resolve disputes with financial services companies.”
For more information on why this rule harms consumers, see here: https://consumersresearch.org/how-the-cfpbs-arbitration-rule-hurts-consumers-and-helps-lawyers/
Washington, D.C., October 5 – Founded in 1929, Consumers’ Research is the nation’s oldest consumer organization that seeks to increase the knowledge and understanding of issues, policies, products, and services of concern to consumers. For more information, visit: https://consumersresearch.org/ and follow Consumers’ Research on Twitter at @ConsumersFirst.


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Grand Prix provides sell-out weekend for many downtown hotels on the track
Downtown hotels are cashing in on the Grand Prix of Baltimore as overnight guests stay for Labor Day weekend.
The Baltimore Marriott Inner Harbor at Camden Yards is one of the hotels booked solid through the weekend. Tim Mayer, the raceâ€™s general manager, said both the Hilton and Hyatt are more than 90 percent full.
Skip Cerf, operations director for the Marriott, said the hotel filled at the last minute, during the week leading up to the race. It helped that the 524-room Marriott is the headquarters hotel for Andretti Sport Marketing.
Sell-out nights are not limited to hotels directly adjacent to the track, although many hotels further from the action are not booked the entire weekend.
The Four Seasons is oversold for the weekend with both Grand Prix guests and other large groups, according to Audrey Slade, a spokeswoman for the hotel.
James LoBosco, managing director of the Embassy Suites & Grand Historic Venue, said he expects his hotel to sell out Saturday night.
â€œNot bad for a Labor Day weekend,â€ LoBosco said.
Occupancy rates for Friday and Sunday will not be as high â€” around 75 percent to 80 percent for the 300-room hotel, he said.
Itâ€™s the same story at the Fairfield Inn and Suites, where the hotel will be full Saturday night, but only at around 80 percent occupancy the rest of the weekend, Assistant General Manager Alicia Beads said. She was hoping for the entire weekend to be sold out.
â€œItâ€™s like a typical Saturday. We do have a lot of guests that are checking in specifically for the Grand Prix,â€ she said. â€œItâ€™s softer than we would like it to be, but it is what it is.â€
Sarah covers hospitality/tourism, minority business, marketing and new media
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It may have been a big win for Hyderabad-based Vijay Gopal against INOX for unfair trade practices, but almost all the multiplexes in the city continue to sell products at exorbitant prices.
Recalling the incident, Vijay, an anti-corruption activist, says, “They asked me to leave the water bottle that I had bought in the same mall premises stating security reasons. They also gave me a token for keeping the bottle in the cloak area and asked me to collect it while going back home.”
However, he says, “The practice of not allowing customers to carry outside water bottles into the screening area is a restrictive trade practice where INOX creates a manipulative environment to push customers into buying water bottles at double their actual cost.”
It was in 2016 that Vijay Gopal had filed a petition with the National Consumer Disputes Redressal Commission (NCDRC) against INOX multiplex for the unfair trade practice of charging its customers more than the MRP within its premises.
Giving a judgement in favour of Vijay, the National Consumer Disputes Redressal (NCDR) Commission, New Delhi, directed the INOX Multiplex management at GVK One Mall to provide water bottles to its customers strictly at the prescribed maximum retail price only and also to provide ‘free’ purified water dispensers near the entrances/exits of screens and other convenient areas. As ordered by the District Forum, the complainant was also entitled to an amount of Rs 5,000 in compensation and Rs 1,000 in costs.
Interestingly, the Union Ministry of Consumer Affairs had amended the Legal Metrology (Packaged Commodities) Rules, 2011 effectively banning dual MRP from January 1, 2018. The government has now added the following clause under rule 18 which states, “Unless otherwise specifically provided under any other law, no manufacturer or packer or importer shall declare different maximum retail prices on an identical pre-packaged commodity by adopting restrictive trade practices or unfair trade practices as defined under clause (c) of sub-section (1) of section 2 of the Consumer Protection Act, 1986.”
In spite of all the warnings however, the practice is still prevalent. This is not the first time that Vijay Gopal, the complainant in this case, has approached the Consumer Disputes Redressal Forum. Last year, he filed a complaint against two movie theatres, Tarakarama Theatre and Venkataramana Theatre at Kachiguda in Hyderabad for selling food products above MRP.
Warnings go in vain
Despite rules being stipulated for cinema halls, particularly multiplexes not to sell a product exceeding its MRP, a majority of them still sell water, cold drinks and popcorn at exorbitant prices to the people. Each of the popcorn buckets costs between Rs 250 and Rs 300 in a small container.
“It has become a habit for me to buy popcorn and cold drinks when I go to watch movies at multiplexes. But for many, the price tags can be a deterrent. Last week, the price of a large drink at PVR was over Rs 200 plus taxes. It is sad that even after repeated consumer pleas and government directives, these multiplexes are raking in money like this,” says Joy Mukherjee, a manager with an MNC.
Ecohing the same thoughts, Bhargava Rama Sharma, a software professional who recently visited AMB Cinemas, says, “I spent Rs 350 on popcorn and Rs 50 for a water bottle which we get for Rs 20 outside. I was shocked to see the prices when I visited AMB mall recently. But there is no control on the price of food items in most of the multiplexes.”
More than MRP
Last year too, the Legal Metrology Department conducted special raids after receiving several complaints from the people about cinema halls charging more than MRP. Shah Ghouse in Hyderabad was also fined `10,000 by the Legal Metrology Department for charging more than the MRP for a soft drink. Same was the case with The Sarvi Hotel at Banjara Hills which was fined `20,000 after it charged a customer `40 for bottled water that had an MRP of `20....


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India-bound Volkswagen Tiguan gets five stars in Euro NCAP tests
Volkswagen's latest offering the Tiguan SUV scored a five-star rating in the Euro NCAP tests. The India-bound SUV scored the top rating which was aggregated from the results from four subsections, namely occupant protection for adults and children, pedestrian protection and driver assistance systems.
Euro NCAP (New Car Assessment Programme), an independent organisation, has been regarded as one of the most important testing grounds for safety devices which are equipped on vehicles. This year, however, the organisation claims to have made the conditions of the test, a lot tougher than usual. The new Tiguan went through a series of crash tests, including frontal crash into an aluminium barrier at 64km/hr with 40 per cent overlap, frontal crash at 50km/hr into a rigid barrier with 100 per cent overlap, side impact at 50km/hr into the vehicle side structure and automatic emergency braking to avoid collisions with vehicles or pedestrians.
The new SUV scored an outstanding 96 per cent of the possible points for occupant safety for adults, 84 per cent for child safety, 72 per cent for pedestrian protection segment and 69 per cent for safety assistance. The child seat anchors and safety belt tensioners on the second row of seats ensured the dummy children well protected in any frontal or side impact. To reduce the risk of injury to passers-by, the Tiguan features an 'active bonnet' function which is designed to elevate the rear end of the bonnet in a collision to reduce head injuries.
The new Tiguan includes safety assistance features like standard ESC (Electronic Stability Control), seatbelt fastening reminder function in the back, front assist emergency braking system and the lane assist function that helps drivers stay in lane.
We drove the new Tiguan in Germany and found that it has good dynamics with smooth power delivery and seamless gear shifts via the 7-speed automatic transmission. The new Tiguan will be going up against the Audi Q3, BMW X1 and the Mercedes-Benz GLA. We expect Volkswagen India to launch the India-bound Tiguan at a much lower price than its German rivals.
Starts Rs 33.24 Lakhs
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- 2021 Hyundai Alcazar launched in India, prices start from Rs 16.30 lakh


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Over the years, Australia has become a notable hub for blockchain and virtual currency activity. Recently, two Australian companies have joined forces to build a new crypto-related service, called IvyPay, which will make paying bills with cryptocurrencies a lot simpler too.
It’s pretty clear that the number of real use cases for digital assets is limited to date. Bitcoin, which is the most popular cryptocurrency, is seen as an investment vehicle instead of being a currency to use to actually pay for things. But maybe solutions such as IvyPay can help change the current image of cryptocurrencies. It’s been launched by Ivy and HiveEx in the hope of making cryptos more useful, instead of speculative.
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Shares of Apple Inc. and Alphabet Inc. each suffered their largest weekly declines for the reason that starting days of the pandemic this week, as Massive Tech firms continued to attract nearer scrutiny from Wall Avenue.
completed down 11.2% on the week, its worst weekly efficiency for the reason that week that ended March 20, 2020, based on Dow Jones Market Knowledge. The inventory declined 17.5% throughout that early-pandemic stretch.
Shares of Apple fell throughout all 5 classes this week.
Shares in Google father or mother Alphabet
declined 10.1% in the course of the week, their worst one-day proportion drop since that very same March 20, 2020 week, after they fell 12.03%. The inventory’s greatest weekly tumble in additional than two years got here at the same time as Alphabet snapped a four-session shedding streak in Friday buying and selling.
Whereas Apple’s inventory has fared higher than that of Alphabet and different Massive Tech friends, the corporate faces potential pandemic-related challenges owing to new COVID-19 setbacks at producer Foxconn’s main facility. As well as, the realities of the present financial local weather could also be catching as much as Apple, as Bloomberg Information reported Thursday that the corporate had paused hiring in a number of areas unrelated to analysis and growth.
See extra: Apple reportedly pauses hiring for a lot of roles, becoming a member of Amazon in belt-tightening
Although there didn’t appear to be any main information developments pegged to Alphabet particularly prior to now week, buyers are placing extra stress on large web firms, based on Bernstein analyst Mark Shmulik. He just lately carried out a Massive Tech “post-mortem” of outcomes from Alphabet, Amazon.com Inc.
and Meta Platforms Inc.
concluding that “perfection is required from right here” for the three tech giants since Wall Avenue has much less persistence for weak efficiency in any certainly one of their many enterprise areas.
Learn: Amazon closes under $1 trillion valuation for the primary time since 2020
All three names suffered adverse inventory reactions within the wake of their newest earnings experiences, which indicated challenges within the advert market as a result of financial pressures. At Alphabet particularly, “Search was roughly in-line with the buy-side bogey and the Cloud beat, however disappointing YouTube outcomes mixed with margin contraction drove a ~10% fall after-hours,” Shmulik wrote.
Alphabet’s inventory has declined 40% thus far in 2022, whereas Apple’s is off 22% over the identical span. The S&P 500
is down 21% on the 12 months whereas the Dow Jones Industrial Common
is off 11%.


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Imagine if we used the word "exclusive" in dating the same way it's used in videogame marketing. "Yeah, we're exclusive," says the Final Fantasy 7 Remake, holding hands with the PlayStation 4. Then, turning to face the camera and performing an exaggerated wink: "Which just means I can't date Xbox over there for 12 months, but after that I can date literally anyone else I want. I'm gonna be gettin' busy, if y'know what I'm sayin'!"
In the last few years, as Microsoft has committed to bringing everything Xbox to PC and even Sony has finally seen the enormous potential of porting its first-party games, "exclusive" has entirely lost its meaning. It might as well have the trailing asterisk grafted on permanently. Outside of Nintendo games, it's growing harder and harder to believe any game is truly exclusive to a console or digital store for the long haul. The word "exclusive" is now, exclusively, contortionist marketing speech used to build hype for an outdated console war and sucker in early adopters who'd otherwise be happy to wait a few months for the PC version.
This has never been more clear than during Sony's PlayStation 5 event on Wednesday, when Sony says it accidentally uploaded a trailer indicating Demon's Souls was coming to PC. Maybe Demon Souls is coming to PC someday. Maybe it isn't. But in its PR response, Sony leaned into the ambiguity of "PlayStation 5 exclusive," doing everything possible to avoid simply, directly saying: "It's not coming to PC."
With Final Fantasy 16, Square Enix tried to obfuscate reality by saying it hadn't announced plans for other platforms, even though its trailer began with "The following content is captured on PC emulating the PS5 experience" and ended with "PlayStation Console Exclusive* *Also available on PC."
Who would honestly believe Final Fantasy 16 won't come to PC, when looking at how many of the games are on Steam? Who are you trying to fool?
When you have to use an asterisk, you've already made a decision that prioritizes the brand over the audience. After years of E3 conferences and corporate blog posts, game fans now take this kind of language for granted. The twisted logic of "I haven't announced it, so it isn't happening" even though it's definitely happening is normal. But it doesn't have to be this way.
At any time, videogame marketers could choose to embrace honesty, clarity, and natural language. Instead of "timed exclusive," they could say "We're going to put our game on PC in 12 months." And they could stop writing and signing deals that prohibit disclosing that information.
And at any time, they could choose to admit when decisions have been made far in advance—"It's coming to PlayStation first, but we're planning a PC port afterward"—and also when they haven't. Can you imagine how refreshing it would be for a triple-A publisher to say "We haven't decided yet if we're going to port this game to PC," and to actually believe them?
Announcing PC ports ahead of time won't stop consoles from selling, and it won't even stop the most eager fans from buying games twice. Heck, I've seen plenty of people just this week planning to double dip on Spelunky 2, which is coming out on PC just two weeks after PS4.
By continuing to play dumb about their plans for future PC ports, publishers make it hard to see anything they say as genuine. Look at Death Stranding, which was presented for years as a PlayStation exclusive, right up until a week before its console launch. By that point, Sony had probably raked in almost all the pre-orders it was going to get. And that was still more forthcoming than usual.
Nintendo is unique in that it still builds games around the special capabilities of its hardware. Sony and Microsoft, meanwhile, are essentially making powerful, compact PCs, and the games for their systems are increasingly too expensive to isolate on one platform. Sony itself said last month that the company "will explore expanding our 1st party titles to the PC platform," making it publicly clear that more is on the way. We all know they stand to make millions more dollars by releasing those games on PC, and the more inevitable those PC ports are, the sleazier it becomes to tempt the most eager fans into buying a console when a PC version is already in planning. There's a huge well of player goodwill out there for any company that speaks clearly, openly, and honestly about its PC port plans from the beginning. They should try taking a drink.


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S. Korea's English proficiency slips 13 notches to 49th
N. Korea reinstates DMZ guard posts
N. Korea says spy satellite took photos of White House, Pentagon, key US naval base
BOK likely to keep policy rate unchanged on slowdown, hope for Fed's rate freeze, easing inflation
Samsung sets up control tower for new growth drivers
15-year-old girl saves 5 lives with organ donations after death
12 foreigners nabbed on suspicion of drug use
Korea to start hiring E-9 visa foreign workers in restaurants
S. Korea's Busan making last-ditch efforts to bring World Expo on voting day
[KH explains] Hyundai to sell vehicles on Amazon in US sales push
Samsung Electronics to release first foldable smartphone in March: sourcesBy Yonhap
Published : Nov. 12, 2018 - 11:13
Samsung Electronics Co. plans to launch its first foldable smartphone in March, along with a fifth-generation network-powered Galaxy S10, industry sources said Monday.
According to the sources, the South Korean tech giant plans to unveil the flagship Galaxy S10 smartphone in February, followed by the presumed foldable Galaxy F and another edition of the Galaxy S10 that runs on the 5G network in March.
The outlook came after Samsung Electronics President Koh Dong-jin, who heads the mobile business, said last week that the company will release a foldable smartphone within the first half of 2019. Koh said the shipment volume of the foldable smartphone will be at least 1 million.
Industry watchers said Samsung is expected to showcase the upcoming foldable smartphone in the Mobile World Congress in February, ahead of the official launch in the following month.
The much-awaited foldable smartphone, however, is not expected to support the 5G network.
While the price of the foldable smartphone has not been decided, industry watchers said it may cost around 2 million won ($1,770). The steep price is expected to limit sales.
Samsung said the upcoming foldable smartphone will fold inward, and will sport a 7.4-inch screen when unfolded and have a 4.6-inch display like a regular smartphone when folded. (Yonhap)
South Korea warns tit-for-tat action over North Korea’s border buildup
Korea, Japan, China summit likely in early 2024
Yoon orders increased defense of public digital infrastructure


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Merck Shifts Focus to Prescription Drugs, and More
What's News: Merck sells its over-the-counter medicine and consumer products business to Bayer. The art collector at the center of a Nazi loot uproar has died. Apple's Angela Ahrendts receives a hefty compensation package. Joanne Po reports. Photo: AP
This transcript has been automatically generated and may not be 100% accurate.
... the latest on trying to shift its focus this is what's news I'm WS J lifetime Thailand Co ... Merck is selling its over-the-counter medicines and consumer products business and they are ... for fourteen point two billion dollars ... deal at ... Merck's products like clerics in an Coppertone sun screen appears portfolio which includes aspirin and Aleve penal either ... by selling the unit Merck is narrowing its focus to prescription drugs and vaccines ... while Bayer builds its over-the-counter drugs unit ... the art collector the center of a Nazi loot uproar has died ... Cornelius Gurlitt ... was the son of one of Adolf Hitler's major car dealers ... became the subject of international tension last fall after he was found imported ... more than fourteen hundred works of art in his Munich apartment ... they are included masterpieces by artists such as should all ... but ceased in Denmark ... German authorities discover the works by investigating tax case ... Mr. Gurlitt was eighty one years old ... it's un clear what will happen is the artworks ... Apple's retail chief and to let parents officially joined the company last week and she's being welcomed ... with a hefty compensation package ... according to a regulatory filing this Aaron's was granted sixty eight million dollars in restricted stock is Aaron's was the former CEO of bribery she is now Apple's highest ranking woman executive ... she fills a hole in Apple's retail operations spanning from the twenty eleven departure of Brian Johnson ... is Aaron's is expected to help expand Apple's inter national retail footprint ... and also improve its online store ... for more into follow the stories ate into Des beest line and check in with Des beest dot com


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The Galaxy A52s is one of the best mid-range phones in recent years, Samsung or otherwise, and customers in Vietnam will soon be able to pre-order it in anticipation of a market release later this month.
Samsung announced today that the Galaxy A52s 5G will be available for pre-order in Vietnam beginning September 20. The pre-order period will end on September 23, and the phone will hit the shelves a day later on September 24 for the suggested retail price of VND 10,990,000 ($438).
The price corresponds to the 128GB model. The 256GB Galaxy A52s 5G will go on sale for VND 11,790,000 ($518). Both variants have 8GB of RAM and support up to 1TB of external storage via microSD.
The Galaxy A52s 5G is very similar to the Galaxy A52 5G, and that’s definitely a good place from which to take inspiration. However, the refreshed model is even better, thanks to the upgraded Snapdragon 778G chipset. The phone will be available in Vietnam in four color options: black, green, purple, and white.
Other impressive specs include a 6.5-inch Super AMOLED display with a 120Hz refresh rate, an IP67 rating for dust and water resistance, the stereo speakers, and the 4,500mAh battery with support for 25W fast charging. Over the past couple of weeks, Samsung also announced the Galaxy A52s in Europe, India, the UK, and South Korea.
Pre-orders in Vietnam are accompanied by instant cashback offers and other goodies including gifts worth VND 1,000,000 ($44).


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International desk, May 10: The US has more than doubled tariffs on $200bn (£153.7bn) worth of Chinese products, in a sharp escalation of the countries’ damaging trade war.Tariffs on affected Chinese goods have risen to 25% from 10%, and Beijing has vowed to retaliate, BBC reports.
China said it “deeply regrets” the move and will have to take “necessary counter-measures.”
The move comes as high-level officials from both sides are attempting to salvage a trade deal in Washington.
Only recently, the US and China appeared to be close to ending months of hostilities.
China’s Commerce Ministry confirmed the latest US tariff hike on its website.
“It is hoped that the US and the Chinese sides will work together … to resolve existing problems through cooperation and consultation,” it said in a statement.
Chinese stock markets were little changed after the deadline passed, with the Hang Seng index trading up 0.6% and the Shanghai Composite 1.5% higher.
The market took a beating earlier this week after US President Donald Trump flagged the tariff hike on Sunday.
The 10% duties on $200bn worth of Chinese products – including fish, handbags, clothing and footwear – were due to rise at the start of the year.
That was delayed as negotiations advanced, but Mr Trump is now saying talks are progressing “too slowly”.
Trade war escalation
The US-China trade war has weighed on the global economy over the past year and created uncertainty for businesses and consumers.
The situation could become worse still, as Mr Trump has also warned he could “shortly” introduce 25% duties on $325bn of Chinese goods.
Trade talks between Chinese Vice-Premier Liu He and US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin continued nonetheless on Thursday.
Mr Trump said earlier on Thursday he had received a “beautiful letter” from Chinese counterpart Xi Jinping and that they would probably speak by phone.
Even though Mr Trump has downplayed the impact of tariffs on the US economy, the rise will deal a blow to some American companies and consumers as firms may pass on some of the cost, analysts said.
Deborah Elms, executive director at the Asian Trade Centre, said: “It’s going to be a big shock to the economy.
“Those are all US companies who are suddenly facing a 25% increase in cost, and then you have to remember that the Chinese are going to retaliate.”
White House International Economics Advisor Clete Willems, who until recently was involved in the US-China trade talks, has said the tariff hike wouldn’t be “the end of the game”.
Mr Willems said there had been difficult periods in trade negotiations previously and that “we’ve always managed to get things back on track”.
“Even if the tariffs do go in place, there is a lot to gain from a deal and hopefully the sides will continue engaging” he said.
The US and China have been negotiating since agreeing on a truce in December.
Even though there had been growing optimism about progress in trade talks recently, sticking points have persisted throughout.
These have included issues around intellectual property protection, how fast to roll back tariffs and how to enforce a deal.
Some had expected trade talks to unravel after the the latest escalation.
But analysts say the Chinese are still willing to negotiate to retain the moral high ground and because they recognize the importance of solving the trade war.
“A trade war will be bad for China, both the real economy and the financial markets. It will also be bad for the world economy,” said Gary Hufbauer of the Peterson Institute for International Economics.
“Better for China to play the role of conciliatory statesman than angry retaliator.”
China has been a frequent target of Donald Trump’s anger, with the US president criticising trade imbalances between the two countries and Chinese intellectual property rules he says hobble US companies.
Some in China see the trade war as part of the US’s attempt to curb its rise, with Western governments increasingly nervous about China’s growing influence in the world.
What exactly sparked the US president’s latest actions, which apparently took China by surprise, is unclear.
Both sides have already imposed tariffs on billions of dollars worth of one another’s goods.
Last year, the US slapped duties on $250bn worth of Chinese goods and China levelled duties on $110bn of US products.
A White House spokesman said US officials had agreed with the vice-premier to resume talks on Friday morning, according to media reports.
The International Monetary Fund (IMF) said the row poses a “threat to the global economy”.
“As we have said before, everybody loses in a protracted trade conflict,” the body which aims to ensure global financial stability said in a statement, calling for a “speedy resolution”.


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- ‘Jaipur Designers Festival’ sessions at ‘Vastra 2017’
- Experts talk about Rajasthani, North-Eastern techniques as resources to reinvent fashion
Renowned designers and experts stressed on the need to use indigenous materials and techniques to create ecologically-sustainable fashion at the ‘Jaipur Designers Festival’ on the third day of ‘Vastra 2017’ – International Textile and Apparel Fair on Saturday.
‘Vastra 2017’ was jointly organized by Rajasthan State Industrial Development and Investment Corporation Ltd. (RIICO) and Federation of Indian Chamber of Commerce and Industry (FICCI). The event was also supported by the Government of Rajasthan.
Fashion guru, Mr Prasad Bidapa, designers Mr Hemant Trevedi and Jaipur’s Ms Puja Arya and Mr Rohit Kamra discussed ‘Redefining Khadi for the Luxury Market’ in the first session. A team from National Institute of Design (NID), Ahmedabad spoke about ‘Textile Traditions for North East: Challenges and Opportunities’ in the second session.
In her keynote address, former union Textiles Secretary and ITPO Chairperson, Ms Rita Menon said, “Rajasthan is the focal point in India for most of art and crafts. The ‘Jaipur Designers Festival’ makes sense, since from here we can take back what more can be done with the state’s arts and crafts.”
Bidapa pitched for the use of the variety of fabrics from Rajasthan, something that is the central to the idea of Rajasthan Heritage Week (RHW) as well. “Instead of using imported brands that use artificial fabrics like polyester, designers should make use of fabrics like Kota Doria,” he added. Arya added, “We are constantly buying and constantly junking, using the limited resources of our planet. We should use fabrics like Khadi, which symbolized the Swadeshi movement. It is the fabric of freedom, patience and equality.”
Trevedi said that students should draw from Rajasthan, which is the most inspiring state for a designer. Kamra spoke about his association with Khadi and how awareness about it is going up. “We don’t need to go anywhere to reinvent Khadi. RHW is at the point where international designers want to be part of the Khadi project,” Kamra said.
Presenting case studies from Meghalaya, Tripura and Arunachal Pradesh, the NID team showcased how the natives use ethno-botanical knowledge to create sustainable designs. “Like them, we must preserve and respect our culture and engage the mind and body to feel one with what our creation,” dean Ms Krishna Patel said, sharing the state with NID faculty members Swasti Singh Ghai and V Shaktivel.
Earlier, at the state of the session, RICCO, MD, Ms Mugdha Sinha welcomed the participants.


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Mumbai, January 16: The gold rates in the India market remained muted on Thursday tracking global sentiments. Gold futures on MCX were up 0.06 percent to Rs 39,635 per 10 gram. The details of the US-China Phase 1 trade deal failed to soothe the concerns of the investors.
According to a Reuters report, the US and China signed the trade deal but still kept 25 percent tariffs on a $250 billion array of Chinese industrial goods and components used by US manufacturers, according to a Reuters report. Gold Rate Today: Price of Yellow Metal Rises As US Clarifies China Tariffs to Stay Till Phase 2 Deal.
Last week while the US-Iran tension was at its peak, the gold prices had touched a high of Rs 41,293. The cooling of the US-Iran tensions and speculations around the deal helped the prices to come down from their highs. On Wednesday, gold and silver broke their declining streak in India.
The United States recently dropped China's designation as a currency manipulator just ahead of the signing of the interim deal between the two sides to ease their trade dispute.


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The Government is announcing new measures today (Friday 20 March) to help farmers recover from recent flooding.
A £6 million pot of funding to help farmers recover from flooding in February will be provided through a further extension to the Farming Recovery Fund.
Support will be available for farmers affected by recent flooding in parts of East and North Yorkshire, Gloucestershire, Worcestershire, Shropshire, Staffordshire, Nottinghamshire and Herefordshire.
Dynamic female strawberry grower proves sustainability and quality can go hand in hand when it comes to fruit production.
With increasing pressure from consumers for low environmental impact, premium quality fresh ingredients, Yorkshire Strawberry grower, Annabel Makin - Jones, has been striving to produce sustainable yet excellent quality fruit for the British market from her family farm. Over the past 15 years she has been refining the process to ensure the carbon footprint of the strawberries is as low as possible whilst still providing the best possible berries. Her new ecofriendly brand is not only sold in 100% biodegradeable packaging but the Princes Trust benefit from the sale of every punnet.
Netled Oy, Finnish specialists in vertical farming systems and greenhouse lighting solutions, have signed a long-term framework agreement with Astwood Infrastructure to supply equipment for industrial-scale vertical farms. Read what this means for vertical farming here.
Vertical farming; agriculture’s latest innovative solution to helping producers provide crops regardless of land reduction and stock demand. Here you can read how vertical farming can be used in farm diversification for the production of beer.
As the spring rain continues to fall, many of us might be missing the glorious sunshine of the UK summer heatwave. May businesses also enjoyed a boost from the weather, with retailers witnessing the largest revenue rise in four years, with a 4% rise compared to June 2017.
But for some, the heatwave was a nightmare for their livelihoods — farmers struggled with everything from burnt fields under the scorching sun to droughts putting livestock at risk.
Just how far did the damage spread, and how long will the effects last?
He will be opening his farm on 30th April to show other growers how his farm business has benefitted from the crop in an event co-hosted with Miscanthus expert Terravesta.
His Miscanthus crop is destined for the £173m Snetterton Renewable Energy Plant in Norfolk, which generates 44MWh of electricity – enough to supply 82,000 homes and save over 300,000 tons of CO2 every year, through the burning of biomass, including Miscanthus.
Farm diversification isn’t a new trend; resilience and adaptability have always been essential for farming businesses to survive and thrive. Over 60% of UK farms have diversified, according to Defra’s Farm Business Survey 2016/17.
NFU Mutual spoke to over 200 farmers from across the UK who have already taken the leap and already diversified from farming, or are considering their future business direction, to find out how and why.