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Electronic commerce(EC) has been increasingly popular and important nowadays.
China’s biggest EC platform Tao Bao had accumulated over 5 billions cash flow transactions on the Bachelor’s Day in 2013.
People in the past can never imagine to reach this number in a single day without the help of the Internet and online payment.
Taiwanese startup team meepShop clearly pointed out this trend and started their own business in 2012.
Interestingly, they are not selling products online directly, but offered a service for people to open a store online easily and have a chance to jumpstart their EC business.
With over 7 years of experience in EC and over 10 years of internet service developing experience, the two founders, Jack Lin from Taiwan, and Rian Halid from Belgium, share the same vision for Taiwan’s new online store platform.
“Our goal is to enable users to open and operate their online stores in the quickest and least expensive way.” Said the CEO of meepShop, Jack Lin.
The revenue model of meepShop- payments from members- is fundamental for the brand’s business model of meepShop. The first half month membership is for free. If the user likes the service, they can then choose to pay for it monthly. Users can decide to stop selling products online whenever they want since they only have to pay month by month.
Developing and owning an online shop can be time consuming and a huge cost to most of the sellers. This includes the development cost, mantainance cost, network flow cost and firewall installation cost. If sales do not reach the expecting level, these costs would be a huge waste.
Today, through meepShop, users can start their online shop within a minute with just a few steps. Users can start testing immediately to see if their products are attractive to the market.
There are also made available interface designs released every month. At the back-end, there is also a dedicated team that is working very hard on building new functions for users as well as improving meepShop’s service quality.
Stepping out as a global business at the first stage
As a team formed by people from Taiwan and Belgium, meepShop not only serves local users, but also aims at global users in other parts of the world. meepShop has a sales team based in Hong Kong, which focuses a lot in developing the business globally.
Kicking off as an international business has been increasingly important for meepShop, especially since the local market is small.
Thanks to the Internet, the sky is really the limit for these Internet platforms like meepShop.


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Eastpak, Owned by VF Corp., Relaunches in North America
According to company leadership, Eastpak’s relaunch in the U.S. and Canada is unrelated to VF’s recent sale of adventure travel brand Eagle Creek
Heading out the door? Read this article on the new Outside+ app available now on iOS devices for members! Download the app.
The latest news out of VF Corporation isn’t as eye-opening as the Denver-based company selling its Eagle Creek brand to a former employee, but it does signal a shifting market focus for one of its smaller assets.
The company on Thursday announced that Eastpak, one of its portfolio pack brands founded in Boston in 1952 and now based in Antwerp, Belgium, is relaunching in North America.
Eastpak says the decision to return in full to the U.S. and Canada “comes after several years strategically focused on European and APAC regions, where the brand has deep roots, high aspiration, and strong business growth.”
The brand’s president, Nina Flood, who VF appointed to the role in 2020, has targeted growth in North America after Eastpak initially entered the region “through global e-commerce sites like Asos and Ssense and other high-end retail.”
With the launch of its U.S. website, us.eastpak.com, Eastpak is now “fully platformed” here with the goal of expanding its presence in “key U.S. and Canada fashion and lifestyle retailers.”
“Consumers have been clamoring for Eastpak in the North Americas—which led to launching our new website and opening new retail channels,” said Flood, who works out of VF’s European headquarters in Stabio, Switzerland. “It’s amazing to see the potential for Eastpak as new consumers discover the brand and loyal ones can now get it much more quickly and easily through domestic retail.”
Flood is a VF veteran who has spent 17 years at the company and various brands. She previously served as president of Kipling Americas and, before that, she was VP of strategy and marketing at Nautica (which VF sold in 2018). In early 2021, she also took over another VF brand, JanSport, and now leads both JanSport and Eastpak globally.
Eastpak’s North American operation, which will be based at VF’s global headquarters in Denver, is now searching for a regional packs general manager. No other new positions have been announced, the company said.
Eastpak said its relaunch for Fall 2021 will include “iconic silhouettes such as the Padded Pak’r and Padded Zippl’r and also introduce soft carry and wheeled travel items, relatively new product categories for Eastpak since the brand was last distributed in North America.”
A VF spokesman said the decision to bring Eastpak back to North America wasn’t to compensate for the loss of Eagle Creek, which VF was planning to shutter before Travis Campbell announced he would buy the brand and keep it alive.
The company declined to disclose how much revenue it was losing with the divestment of Eagle Creek—and again declined to say how much Campbell was paying for the brand.
Campbell, who broke the news of purchasing Eagle Creek to Outside Business Journal earlier this month, tells us how he saved the brand before it dissolved. He had decided to move on from VF and was trying to plan his next career move when he shifted gears and put together a proposal to buy Eagle Creek from VF. It was a win-win-win scenario—for Campbell, VF, and Eagle Creek’s legion of fans.
“Nobody wanted to see the brand go away,” Campbell told us. “It was an economic decision that made sense for VF.”
As for the economic decision behind relaunching Eastpak in North America, that will play out in the coming years. The brand is part of VF’s “active” segment that also includes Vans (one of VF’s “core brands” along with The North Face, Timberland, and Dickies), Supreme, Kipling, Napapijri, and JanSport. Eagle Creek was part of this segment until the sale.
VF doesn’t break out revenue for Eastpak, which it considers one of its “emerging” (i.e., smaller) brands, but the company reported combined fiscal 2021 revenue for the active segment of $4.2 billion, with much of that total coming from Vans.
Look for more on VF’s financial performance next month when we recap the company’s fiscal second-quarter earnings, along with revenue and income results from the other publicly traded corporations that make up the OBJ Outdoor Index.

domain: news


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2K announced that they are bringing their ice hockey sports simulator franchise NHL 2K back to the mobile gaming sometime this autumn. Instead of a typical NHL 2K installment with a year tied in the title, this new entry will be simply named NHL 2K. So probably it will be a lasting game with regularly updates?
According to 2K, this new title will feature improved graphics and new features like a My Career mode, joining the classic game modes of the ice hockey sports including NHL Winter Classic, Free Skate and Shootout. And there will be a brand new fast-paced 3 vs. 3 challenges that pit players against each other in turn-based shootouts. That will be the first ever multiplayer competition of this franchise on mobile. Moreover, the developers mentioned regular live roster updates to NHL 2K, which will allow players to unlock new members and customize their team.
Besides, the game will support MFi Controller and integrate NHL GameCenter LIVE connectivity and iCloud.
NHL 2K will be coming out with a price tag of $7.99 on the App Store, Google Play Store and Amazon AppStore this fall. Visit the developer’s site to follow the game.


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XSEED has confirmed that Rune Factory 5 will feature same-sex marriages in a new localization blog. Rune Factory 5 is the first game in the series to feature same-sex marriages. While this was not originally included in the Japanese release of the game, the localization blog stated that it will be added in to that version of the game through a future patch. However, the Western release will immediately have it upon release.
The blog also details the localization process of adding this feature into the game. It goes into great detail, even explaining user interface changes that were made to accommodate this feature. Additionally, the blog reveals that the inclusion of this feature didn’t delay the Western release of Rune Factory 5. The delay was due to the process of not only translating the game into English, but into German and French as well.
Additionally, a Western release date was recently revealed through a Nintendo Direct. Previously, the game was intended to have a 2021 release, but has now been shifted back to March 2022. A new trailer highlighting gameplay and other aspects of Rune Factory 5 was released as well.
Rune Factory will release worldwide on March 22, 2022 for the Nintendo Switch. It is immediately available in Japan.


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Last Tuesday, myself and the rest of the Clutch Magazine team celebrated the release of our 10th issue! We celebrated with drinks and friends and finally got to see our hard, creative work all put together. This issue has been the best one yet, and I am so proud of the outcome! The online addition will be up tomorrow on the Clutch blog. The last three pictures are just a taste of what is inside.
What I wore: French Connection sequin dress, Jeffrey Campbell wedges, Lucky Brand leather "live in Love" wrap bracelets (remember those from years ago?!)
Click here to visit the Clutch Magazine blog, scope out the new issue, and stay connected with Clutch related news.
Click here to see the article that was written about the release.


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Cryptocurrency traders who use the ShapeShift app will soon have to sign up for membership and provide “basic personal information.”
The company’s CEO Erik Voorhees, in a blog post, outlined the reasons the company was making “the exchange without accounts” membership-only.
“Membership requires basic personal information to be collected. Today, membership is optional, but it will become mandatory soon… Yes, that last detail sucks. We would prefer if the collection of personal information was not a mandatory element,” he said.
Requiring ShapeShift membership, which Voorhees characterized as “a loyalty program,” would facilitate the company’s move to provide account-related features such as transaction history, saved addresses and e-mail notifications, he said. Voorhees added he was interested in offering “tokenized loyalty programs.”
“The practice of requiring customers to hand over personal private information is one we’ve struggled with since inception. To the extent that digital asset technology remains a legal grey area, we need to be prudent and thoughtful in our approach as we navigate the regulatory environment,” Voorhees explained. He didn’t give a specific date for the shift to mandatory membership.
Among the membership benefits Voorhees enumerated were the issuance of Ethereum-based ‘FOX’ tokens, totaling about 1 billion in all.
Voorhees was among those who initially supported a ‘SegWit2X’ hard fork last November that would have increased the block size of BTC. The plan was abandoned due to lack of consensus, leaving the block size of BTC as it is now, at 1MB.
ShapeShift was first launched in 2014, and provided users with access to numerous cryptocurrencies, that is, the ones available at the time, for trading, with limited disclosure of personal information.
It was only last June that Voorhees’ co-founder of ShapeShift, who is only known as ‘Jon,’ told CCN that cryptocurrency regulation in the U.S. was getting worse, what with attention from the increase in prices of cryptocurrencies in 2017. “The more regulators push hard, the more things become unregulatable,” Jon warned.
Note: Tokens on the Bitcoin Core (segwit) Chain are Referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.
New to blockchain? Check out CoinGeek’s Blockchain for Beginners section, the ultimate resource guide to learn more about blockchain technology.


text: Australians thinking of visiting Hong Kong - or any other destination with a currency tied to the US dollar - are contemplating their trips with the happy thought that their spending money will buy 10 per cent more today than it would a month ago. The rapid fall in the greenback has seen the Australian dollar return to the highs of February this year, when the unit touched 80 US cents for the first time in a decade, and has created an unexpected spree for Australians planning overseas travel, or thinking of buying big-ticket imported goods, such as a car, a boat or even a small jet. It has been a yo-yo ride in recent years for the aussie. The currency hit a record low of 47 US cents in 2001, only to rebound by as much as 30 per cent over the past 18 months. While some Australians think a strong currency reflects a strong nation, in much the same way as a champion sporting team, there are renewed fears that the sudden upswing in the Australian unit will have a negative impact on the economy, particularly on exports. 'The falling [US] dollar is making life tougher for Australian exporters,' said Treasurer Peter Costello as he returned from a meeting of the Group of 20 finance officials in Berlin at the weekend. 'The fact it is harder for exporters is another factor that will affect our economy.' Australia has been riding a commodity exporting boom, with China, where the yuan is pegged to the greenback, as a major exporter. But for a company such as steel exporter BlueScope Steel, every one cent appreciation in the aussie against the greenback has an A$13 million ($79.6 million) negative impact on earnings. According to BlueScope, every one cent rise in the aussie against the greenback shaved manufacturing exports by 0.3 per cent, or A$210 million a year. Unions are also concerned that the Australian dollar's rise could see a massive shift in manufacturing jobs offshore. Not everyone, however, is overly concerned about the aussie's rise, even among economists. HSBC Australia's chief economist, John Edwards, said that a look at Australia's export history showed the sector was more responsive to patterns in global growth than to fluctuations in the greenback. 'I don't think we are going to suffer that much damage, to be honest,' Mr Edwards said. 'Manufacturing exports are more sensitive than commodity exports, and how it plays out is not going to be determined by what happens in the US, but what happens regionally.' Mr Edwards noted that although the aussie had appreciated sharply against the greenback recently, it depreciated slightly against the yen and stayed roughly equivalent to the South Korean won and the Singaporean dollar. He said he anticipated some depreciation in the yuan in the next six months, a move which would also limit the damage from the falling greenback for Australia. And, in another positive for the Australian economy, the recent surge in the aussie 'rules out any interest-rate rise before the middle of next year', Mr Edwards said. Analysts have been anticipating an interest-rate rise all year after two increases late last year, and many were surprised that the Reserve Bank did not make a move at its first meeting after the election last month. The sanguine views of Mr Edwards are reflected in the latest DHL/Austrade survey of exporting businesses, which showed that while 70 per cent of respondents cited the higher aussie as the biggest negative on sales over the past year, an overwhelming percentage expects good market conditions for exports in the year ahead. The survey showed that 70 per cent expected an increase in export orders, while 74 per cent were bullish about their profitability. With a free trade agreement with the US set to be enacted, and a similar agreement with China now on the drawing board, many exporters think they can break the nexus between currency fluctuations and sales, and ride the winds of global growth. Even the tourist industry, usually so susceptible to exchange-rate fluctuations, is proving resilient. Only this week, the Australian Bureau of Statistics released figures showing that for the nine months to September, 5.2 million international visitors arrived in Australia - an increase of 11 per cent over the same period last year.


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The Association of Southeast Asian Nations (ASEAN) wants to strengthen its ties. In 2015, its members will launch the ASEAN Free Trade Area (AFTA). How do people on the ground assess the situation?
Young Global Leaders
President Trump has recently been bashing Amazon, accusing it of not paying its fair share of taxes and posing an unfair challenge to conventional retail stores. Despite bluster, concrete action is unlikely, say experts.
Delivering the opening keynote address at the World Economic Forum in Davos, Switzerland, Indian Prime Minister Narendra Modi has shared his vision for his country's engagement with the international community.
The global elite is doing a lot of soul-searching at this year's World Economic Forum in Switzerland. But does globalization need to be fixed? And is Davos the place to answer such a question?
© 2018 Deutsche Welle |
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India seeks global investment in local startups at investors meet next month
India expects to attract global investments in its startups through an investors meet that the government is holding next month.
Food startups play health card as bait to target young consumers
From hawking breakfast bars that help skip morning meals to cold brew coff...
How subscription model is a test of loyalty for companies like Netflix, Hotstar
It is a true test of consumer loyalty, especially monthly sub...
Binny Bansal’s departure puts disclosure policies in focus
Apart from matters of personal relationships, industry members say Bansal’s exit has served as a wake-up call for the startup community in India to ensure transparency among founders.
Anand Mahindra explains the idea behind bringing back Jawa to India
Spearheaded by Classic Legends founder Anupam Thareja, and a stake from Boman Irani of Rustomjee Group, whose family originally brought the brand to India, this undertaking is Mahindra group's latest foray into the two-wheeler business.
Govt launches credit scheme for cooperative startups
Agriculture Minister Radha Mohan Singh on Wednesday announced the launch of a scheme that aims to provide cheaper loans to startups in the cooperative sector.
#MeToo: India Inc redefines code of conduct, forbids romantic relationships between senior and subordinate
Companies are also busy taking action against the offenders.
Indian startups are in the midst of a culture crisis
Too much is riding on India's biggest startups for them to only serve their investors and founders.
Innovation in agriculture sector key to cutting wastage, boosting production: Suresh Prabhu
Suresh Prabhu said that huge opportunities exists for startups in agri sector to promote the growth of the segment.
IIT-M startup develops solar-powered cold storage for farmers
In an attempt to cut wastage of agricultural produce, IIT Madras-incubated startup Tan90 has developed a portable, solar-powered cold storage device to preserve farm produce.
Nervousness grips startup founders, acknowledge need for timely disclosures after Bansal’s exit
Some are now more sensitive to the equation that founders and senior executives at startups share with women colleagues.
Uber promotes Manik Gupta as chief product officer
Gupta, an MBA from Indian School of Business in Hyderabad, has been interim product lead at Uber since the departure of his predecessor Daniel Graf in April this year.
PM Narendra Modi will also waive remaining loan of select industrialists: Rahul Gandhi
Addressing a rally in Deori town in Sagar district of poll-bound Madhya Pradesh, Rahul Gandhi termed demonetisation as the "biggest ever scam" of the country.
How Walmart decided to oust an icon of India's tech industry
At Flipkart, a extramarital affair would be considered personal; Walmart executives thought it was worth disclosing.
Looks like fruits of Modi government’s reforms getting visible steadily
Consumption demand continues to recover from the twin shocks of note ban and GST.


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During January-October 2020, the trade turnover between Russia and the countries of the European Union decreased by 26.4% year-on-year down to 143.8 bn euro.
According to Eurostat, import from EU countries into Russia was down 10.8% during the 10 months 2020 making 65.4 bn euro. Export from Russia to the European Union declined by 35.8% down to 78.4 bn euro.
Russia rates the fifth among the largest importers from the EU after the USA, the United Kingdom, China and Switzerland.
Among the largest exporters to the EU countries, Russia also ranks the fifth after China, the USA, the UK and Switzerland.


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- Mtn Dew is launching a podcast on professional basketball and the origin stories of its players, according to information shared with Marketing Dive in an interview. Hosted by comedian and influencer Druski, the new project will feature athletes and celebrities as guests and run from May 18 during the NBA playoffs.
- “The Dew Zone with Druski” is a partnership between Mtn Dew and the sports podcasting platform Blue Wire. It will be an eight to 10 episode series exploring the ins and outs of the lives of NBA and WNBA players and their ascents to success, according to a representative from Blue Wire. The audio will work on all podcast platforms, including Apple, Spotify and Stitcher, and will be promoted through the social channels of Mtn Dew and Blue Wire, as well as the latter’s audio channels.
- Mtn Dew’s first-branded podcast sees the PepsiCo drink dipping its toes into audio at a hot time for growth support, as well as targeting young consumers on a platform they increasingly inhabit.
âThe Dew Zone with Druskiâ is Mtn Dew’s first crack in a media channel that has seen tremendous growth during the pandemic. While in March and April 2020, podcasts saw a slight drop in downloads as fewer people commuted to work, support has rebounded strongly and total ad revenue is now expected to exceed $ 2 billion by 2023, according to the IAB forecast this week. Many brands are getting into the action by sponsoring podcast content, with branded ads now accounting for 45% of total ad revenue, according to the IAB report.
What’s important about Mtn Dew’s podcast is that the beverage company produced the content itself, in partnership with Blue Wire. This hands-on role could help Mtn Dew engage his audience more directly than he could as a sponsor. Audience engagement is one of the main reasons Mtn Dew is launching a podcast to begin with, with a representative from Blue Wire, as it provides a chance to target young basketball fans on a platform where Generation Z accounts for almost half (49%) of monthly listeners, according to a Statista survey.
Professional basketball is an area in which Mtn Dew’s marketing is already very active. The PepsiCo brand is the official soft drink sponsor of the NBA and WNBA, a partnership renewed this year, and in March, Mtn Dew developed a mobile game with NBA player Zion Williamson. Last week, the brand tapped superstar LeBron James in a new ad for its Mtn Dew Rise Energy morning drink.
âThe Dew Zone with Druskiâ also sees Mtn Dew harnessing influencer marketing by teaming up with a young comedian with 2.4 million followers on Instagram and 1.1 million followers on TikTok. As social apps continue to attract Gen Z, brands are spending more of their budgets on the artists and creators who consistently reach these consumers. In March, Mtn Dew recruited influencers on TikTok to promote its auction of a “lost episode” of Bob Ross’ former TV show, “The Joy of Painting.”


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With its key partnerships and employees, Houston’s aims to continue to exceed the expectations of its customers.
Esther and Jack Houston founded Houston’s in 1933 as the House of Vintages wine and spirits store in Portland, Ore. Over the course of the company’s 84-year history, Houston’s has evolved from its initial wine and spirits business to become a leading sourcing solution for the foodservice industry, specializing in the redistribution of restaurant, bar and coffee supplies as well as specialty foods and beverages, and small equipment.
Today, Houston’s is a nationwide redistributor, servicing 33 states directly via its transportation division. HTrans, a wholly-owned subsidiary, delivers to Houston’s customers – primarily dealers and distributors in the foodservice industry – across the country on dedicated routes, most of which run multiple times per week.
President Jennifer Vigil attributes the Wilsonville, Ore.-based company’s success to its founders’ ability to adapt to changes in the market, as well their core values of accountability, professionalism and flexibility. “We’re here to provide top-quality service to our customers and vendors,” Vigil says.
Marketing Manager Christina Graiff agrees, noting that Houston’s provides a variety of benefits to both its vendors and customers, including low order minimums and low stocking requirements. “We deliver on our trucks with no freight charges,” Graiff says. “For those we can’t reach with our trucks, we have very reasonable pre-paid freight minimums. We deliver weekly, regularly, and on schedule. Whether the trucks are full or not, we are there.”
Houston’s also prides itself on offering a wide selection of more than 15,000 products from more than 200 vendors. “We give our customers access to products that they typically may not be interested in for fear of having to order so much of it direct from the manufacturer,” Vigil explains. “At Houston’s we allow them to order what and how much they want, when they want it.”
Houston’s has two warehouse locations, one in Wilsonville with its corporate offices, and the second in Kansas City, Mo. The company has plans to increase warehouse space in Kansas City by more than 30 percent in 2018.
“As we look to our future, we recognize our largest growth potential will be serviced out of this warehouse,” Vigil says, noting the company is taking action now to position itself for that growth.
Ultimately, the goal of Houston’s warehouse and distribution services is to eliminate freight costs and reduce lead times for its customers. “Each one of our distribution centers operates two shifts, seven days a week, which allows us to remain flexible and adapt to customer needs,” explains Executive Vice President Rebecca Phillips.
“Through automated processes, proven inventory management and control procedures, as well as employee training, Houston’s maintains a 99.6 percent order accuracy rate,” she continues.
Houston’s wouldn’t be the company it is today without its employees, Vigil notes. “We value our employees and pride ourselves on the fact that at Houston’s we’re family,” she says. Vigil adds it isn’t uncommon for employees to remain with the company for upwards of 10 years.
“We have warehouse team members who have been with us for more than 10 and 15 years, and office staff for just as long,” Vigil says proudly. “We operate as a team and, I believe, it is because of the longevity of our employees that we’re able to succeed at what we do.”
She adds that Houston’s has a great company culture, which is an area it continually aims to improve. “Employee engagement is key for us,” Vigil says. “We celebrate all of the milestones including birthdays, employee anniversaries, as well as company and departmental accomplishments.”
“We celebrate our employees and department accomplishments internally in our company newsletter and weekly team meetings,” Phillips adds, “but also on our social media sites so that our customers and vendors can celebrate the individuals they interact with and that contributes to their success.”
Vigil notes that Houston’s high level of engagement and valued employees are key differentiators between the company and its competition. “We believe that we need to utilize our resources,” she says. “At Houston’s our employees are our resources and we’re always looking at ways to give them the tools that they need to succeed because when they succeed, we succeed.”
Houston’s believes its people help set it apart. That is why the company takes pride in helping employees grow and learn, and cultivating a culture of promoting from within. Vigil is one of many examples at Houston’s, as she started with the company in 2010 – bringing more than 15 years of experience in distribution with her – as the accounting manager and worked her way up.
“When our board of directors decided to transition out of day-to-day operations in 2016, I was afforded the opportunity to become president of Houston’s,” she explains. “I am honored by the opportunity because it is something to be so proud of. I knew when I started here I never wanted to leave.”
Along with Vigil, Phillips and Graiff have also worked their way up within the company. Ultimately, each of them noted that they are proud to be a part of the Houston’s team and the opportunities the company provides to its employees. “I think this is something Esther and Jack Houston developed and passed on to their son, John Houston, who then transitioned the company to our current shareholders, and now us,” Vigil says.
Graiff agrees. “We are proud to aid in the success of our customers and vendors alike. We are able to help support their successes and, in turn, we succeed as a company.” As Houston’s looks ahead, it aims to keep its finger on the pulse of the industry and do what it does best: service its customers well and remain a valuable partner to its vendors.
“We’re always looking into what we can do better for our customers,” Vigil concludes. “We’ve been doing this for a long time and making small changes, but the core of what we do is the same. We’re just looking to stay on top and continue being an industry leader.”


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Mierlo has a new hero who puts the town’s history as a textile manufacturer back in the spotlight. He seems even to have had contact with Christian Dior.
The name of this new hero is Piet Manders, and the Weverijmuseum in Geldrop has made an exhibition about the man and his work. Manders (1928-1986) was an industrial technical draftsman who, with his team, designed fabrics for famous international fashion designers such as Nina Ricci, Yves Saint Laurent and Christian Dior. The Weverijmuseum stumbled on Piet’s work more or less by accident, through an e-mail from a museum in Zeeland.
Didn’t suit their collection
They offered a fabric collection that did not fit into their collection. “Since I was going to spend my holiday in Zeeland anyway, I drove by”, Bert Vermeer, director of the Weverijmuseum Geldrop, says. “Then it turned out to be a collection from a certain Piet Manders, who also turned out to have roots in Mierlo”.
And that can also be seen in the street scene because Lenssen and Manders’ fashion shops are all family. Piet never had a glamorous life, nor was he famous. But he did leave his mark on the international fashion world.
“And Mierlo should be proud of that”, Bert Vermeer says. That is why the exhibition on Manders is on display until September in Weverijmuseum Geldrop.
Translated by: Bob


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Our letters to Ofgem
12 October 2016
Our open letter to Ofgem includes some significant changes we’ve made:
- Ofgem has published their latest research on customer satisfaction with energy suppliers handling, carried out by Quadrangle.
- We’ve seen improvement in the percentage of residential customers who agree with us that their complaint has been resolved - from 51% in the original research (2014) to 68% in April 2016.
- The research noted that “E.ON domestic complainants are significantly more likely than average to be very satisfied with how their complaint was handled”.
- We resolved the largest percentage of complaints in the industry on the same day, within two days, within one week, up to one month and up to two months.
- We have the highest ‘maintained’ rate for Ombudsman cases (i.e. when the Ombudsman agrees with the resolution we have offered) in the industry.
1 September 2015
We wrote a letter to Ofgem in 2015, which talks about how satisfied our customers are with our complaints handling process. It’s a follow-up to the previous response, and gives an update on the progress we are making.
Some of the key highlights from the letter are:
- We’ve seen improvement in the percentage of residential customers who agree with us that their complaint has been resolved - from 54% in the original research to 63% in January 2015.
- Satisfaction with the resolution, and the number of customers who agree that we’ve treated them fairly, have both gone up by 14%.
- We’ve looked at micro businesses for the first time – with 57% of those customers agreeing that their complaint was resolved. The percentage of customers who agree we’ve treated them fairly is 50%.
- We’ve continued with our transformation programme and rolled out Handle with Care – which is our way to manage and resolve complaints – to all customer-facing staff.
- And we’ve also implemented the recommendations of Deloitte’s independent audit.
24 October 2014
In 2014 Ofgem issued a statement regarding energy companies’ poor handling of consumer complaints. This was based on a study conducted by marketing research company GfK.
In this open letter in response to Ofgem, we've detailed the numerous steps we’ve made so far to improve the way we handle our customer complaints.
These steps include:
- Our ‘Handle with Care’ programme – over the last year we’ve changed and unified the way we handle all complaints across the business. We’ve also created new guides to help all our colleagues to create a consistent and helpful experience across the business.
- How the programme is delivering results – we’ve trained 4,000 colleagues with this new way of working, which helps to reduce the time it takes for complaints to be resolved.
- How we’re seeing positive results already – such as an 11% increase in the number of customers who say we treated them fairly.
You can also read the independent audit of complaints resolution processes from 2014.


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WineInk: Concerns for the Coming Decade
under the influence
Henschke Hill of Grace
It is one of Australia’s most famed and expensive wines. Hill of Grace, a classic shiraz named for the vineyard of its origin in the Eden Valley, was first made by Australian winemaker Cyril Henschke in 1958. In the ensuing vintages it has vied with Penfold’s Grange for the top drop rankings in the land of OZ. I write this because Henschke holdings in the Adelaide Hills, not far from the Hill of Grace, were destroyed by fire this past week. The Lenswood vineyard, home to cooler climate varietals including many of the region’s oldest pinot noir vines, was scorched. Fortunately, the Hill of Grace site has not been damaged, but that is as much a result of the vagaries of fire as anything else. Thoughts go out the Henschke family.
Hard to believe it, but from now on, for the next 10 years, wine vintages will all move from the teens to the twenties, as in the ’20 or ’21 vintage. Yes, we are entering a new decade and, while the beat goes on, there are some changes afoot in the world of wine as the calendar turns to 2020. And while many are positive there are a few issues that give cause for concern going forward.
First, and this may well be a topic that sees much media attention in just the coming days, concerns the potential for the implementation by the U.S. of a 100% tariff on European-made wines. The Trump administration had already announced that they were considering 100% tariffs on Champagne in retaliation for French taxes placed on digital companies like Google and Facebook that have no physical presence in France, but do business there.
There have already been tariffs of 25% imposed on some European wines (still wines under 14% alcohol from France, Germany, the UK and Spain) in October in retaliation for the European Union’s support of aircraft manufacturer Airbus. And there was further word from the Office of the U.S. Trade Representative (USTR) that additional tariffs on European goods are under review that could include draconian taxes that would have an immediate and devastating impact on the global wine markets. Public comments are being heard by the USTR until Jan. 13 and decisions on the tariffs are pending until after that time.
Never mind the irony that executives from digital companies may be among the few who will be able to still afford French wines when they double in price, but in what kind of world do we punish French farmers and winemakers, not to mention American wine consumers, for the tit-for-tat machinations of Silicon Valley and the French ministers? This one I guess.
I understand that a trade war requires that you hit the other guy where it hurts. And for a country like France, a country in which it is inescapably true that they are tied to wine, not just economically but culturally as well, doubling the price of their products sold in the U.S. would be a blow. But the use of such an insidious tool would hurt those who have little or nothing to do with the disputes at hand. Namely, those who make wine and those who drink it.
Of course, it should be noted that the Trade Warrior-in-Chief is a teetotaler who has, in his words, “never had a glass of alcohol,” and whose Trump Winery in Virginia would seem to benefit from the doubling of prices of its European competition. Neither of those seem to be motivation but it is another irony in this “Alice in Wonderland” world in which we live.
The second cause for pause as we go into the 2020s is one that affects all of us, not just the wine world. But wine and those who make it may well be the proverbial canary in a coal mine.
We are all familiar with the devastation caused by the fires in the Napa and Sonoma wine regions over recent years. Whole communities that support the wine industry have been changed due to the summer and fall fires that have been exacerbated by first drought and then warming temperatures.
A similar fire storm erupted in the Adelaide Hills Wine Region in South Eastern Australia last week and it was reported that up to a third of the vineyards were destroyed with numerous buildings and homes also lost.
As an agricultural product, wine is intrinsically linked to the debate about global warming. The rejection of the Paris Climate Agreements and the recent failures to come to meaningful agreements at the COP25 summit in Madrid are harbingers of a world that has yet to come to grips with a developing and potentially catastrophic issue. The climate, the weather and things affected by the weather have been taking a dramatically negative turn. While we argue about the causes of the shift we have ignored remedies that could potentially move us in a more positive direction.
The wine industry in the 2020s will be at the forefront of the effects of climate change. It is inevitable that this decade will see dramatic increases in fires and perhaps a movement of regions where wine production is even viable. Those who follow wine will be able to see these changes first hand.
While the drama of the tariffs may be financial and difficult, the fact of climate change will be revolutionary. All is not lost as we move into the coming decade but it deserves our attention.
Next week we’ll look at the bright side of life. I promise.


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The Z3, BlackBerry’s first device built by Foxconn, has gone up for pre-orders in Indonesia, CrackBerry reports. The device was first announced at the Mobile World Congress earlier this year, but this is the first time the specifications of the device have been revealed. It retails at IDR 2,199,000 (approximately Rs 11,500) and will initially be available for Indosat and XL customers.
The Z3 features a 5-inch qHD (960×540 pixels) display and is powered by a 1.2GHz Qualcomm Snapdragon 400 dual-core processor, paired with Adreno 305 GPU and 1.5GB of RAM.
Also included is a 5-megapixel rear camera, 1.1-megapixel front-facing camera, 8GB internal storage that can be expanded using a microSD card, and a 2,500mAh battery. On the software front, it runs on BlackBerry OS 10.
BlackBerry will be initially selling a limited edition device in Indonesia, with the word “Jakarta” inscribed.


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Gen Z is disproportionately impacted by buy now, pay later (BNPL) products and end up spending a fifth of their disposable income on refunds.
More than a quarter (29%) of young adults worry about their ability to repay what they have borrowed, and 8% have even been contacted by debt collectors.
According to a survey of 2,000 UK consumers who have used BNPL products, a further 44% feel overwhelmed with their refunds.
It also emerged that 12% of BNPL users aged 18-24 had their credit score affected, and half regretted using the unregulated BNPL.
A separate poll of 2,000 parents of adult children also found that 66% feared they would use BNPL, and more than three-quarters (77%) backed calls for stricter regulation of the sector.
And among parents whose adult children have ever used BNPL, more than a fifth (22%) had to bail them out.
Antony Stephen, CEO of Barclays Partner Finance, which commissioned the research, said: “Rising inflation and energy bills are contributing to the growing cost of living crisis.
“This makes it much more difficult for consumers, especially those in financially vulnerable groups, to control their spending, and many are drawn to BNPL as a way to maintain their current lifestyle.
“As things stand, new BNPL products are not subject to the same regulations as more traditional credit agreements.
“With many providers, consumers don’t even receive a detailed affordability assessment, and credit reference agencies have no visibility into loans made.
“This is a problem because it allows consumers to get into unmanageable and crushing debt – a problem that our research shows hits Gen Z shoppers especially hard.”
The research found that nearly seven in ten (68%) users aged 18-24 of unregulated BNPL products have accumulated debt with multiple providers simultaneously.
And 59% of them had agreements in place with three or more suppliers at the same time.
BNPL’s unregulated providers are not required to report loans to credit reference agencies, which means that these multiple BNPL loans are currently not visible to other credit providers for consideration in their accounts. own affordability assessments.
This can result in additional credit being extended to a consumer already struggling with debt, compounding the problem.
Debt charity StepChange has expressed concerns about the BNPL’s impact on young consumers and echoes the call for stronger and more consistent regulation.
Richard Lane, director of external affairs at the charity, said: ‘All credit carries an inherent risk of indebtedness for consumers, but on regulated credit these risks are mitigated by strict advertising rules, affordability assessment and fair treatment of customers.
“At present, despite the benefits that BNPL can offer, the sector still remains outside these rules, which increases the risk of harm to consumers.
“It is particularly concerning that young people with less financial experience to draw on are becoming such widespread users of unregulated credit.”


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Green Shield partners with telemedicine provider
By The IJ Staff | December 12 2019 03:32PM
Green Shield Canada announced this week that it is partnering with telemedicine provider, Maple, to expand the company’s virtual health services lineup.
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Chandigarh, Aug 5 (IANS) Haryana Health Minister Anil Vij on Wednesday said cases have been filed against 11 sanitiser brands after samples of them, collected from across the state, failed quality standards.
He said 248 samples were collected, out of which test reports of 123 samples have been received. A notice has also been issued to suspend or cancel their licenses.
“Out of the total reports received, 14 have failed the tests. Nine brands were found substandard, while five were found to use excessive quantity of methanol,” Vij told the media.
He said instructions have been given to seize the entire stock of the brands concerned.


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Dodgy salesmen in China are making money from long-known weaknesses in a Wi-Fi encryption standard, by selling network key-cracking kits for the average user.
Wi-Fi USB adapters bundled with a Linux operating system, key-breaking software and a detailed instruction book are being sold online and at China's bustling electronics bazaars. The kits, pitched as a way for users to surf the Web for free, have drawn enough buyers and attention that one Chinese auction site, Taobao.com, had to ban their sale last year.
The kits are also cheap. A merchant in a Beijing bazaar sold one for 165 yuan ($24), a price that included setup help from a man at the other end of the sprawling, multistory building.


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ZTE A20 5G might be the primary telephone to return with an under-the-screen digital camera, so it may be totally borderless with no notch on the show. Ni Fei, ZTE’s president for cellular gadgets shared a submit on Chinese language micro-blogging web site Weibo saying the corporate will deliver the primary smartphone with an under-screen digital camera. Whereas the submit itself doesn’t reveal that it is going to be the ZTE A20 5G, it was shared from the ‘ZTE A20 5G under-screen telephone’ hinting on the title. Moreover, a telephone with mannequin quantity ZTE A2121, which is believed to be the ZTE A20, was noticed on State Radio Regulation of China (SRRC) certification web site.
As per the Weibo post by Fei, ZTE will come out with the world’s first smartphone with an under-screen digital camera. The submit has the tag exhibiting it was posted from a “ZTE A20 5G under-screen digital camera” — which appears to be like like a protected indicator of what the telephone might be referred to as
Moreover, in line with a report by Gizmochina, citing a recognized tipster, a ZTE telephone with mannequin quantity ‘ZTE A2121′ was noticed on State Radio Regulation of China (SRRC) certification web site. It’s believed to be the ZTE A20 5G, nonetheless, the itemizing solely tells us that the telephone may have 5G assist, which is already recognized by the title.
Devices 360 was unable to independently confirm this itemizing.
The report additionally means that the telephone might be launched as an Axon collection telephone, just like the ZTE Axon 10s Professional 5G that launched in February this yr or the ZTE Axon 11 5G that launched in March. The Axon 10s Professional 5G has mannequin quantity A2020 whereas the Axon 11 5G has mannequin quantity A2021, which means that the telephone with mannequin quantity A2121 might launch as one other Axon smartphone.
Additional, it’s speculated that for the under-display digital camera expertise, ZTE may make use of China-based Visionox’s resolution, as the corporate began mass producing this expertise final month, as per an older report by Gizmochina. Visionox provides OLED shows to plenty of producers together with Huawei, Xiaomi, Oppo, and others. Notably, Oppo and Xiaomi have, up to now, teased this expertise nevertheless it has not made its approach into any of their telephones.
As of now, little or no is understood concerning the ZTE A20 5G or no matter it might find yourself being referred to as, and there’s no data on availability or pricing.
Why are smartphone costs rising in India? We mentioned this on Orbital, our weekly expertise podcast, which you’ll be able to subscribe to by way of Apple Podcasts, Google Podcasts, or RSS, download the episode, or simply hit the play button beneath.


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While there has been an uncountable number of leaks about Samsung’s and Huawei upcoming phones with pinhole cameras, Vivo, on the other hand, is also gearing up for the launch of the successor to its bezel-free Vivo Nex released months ago.
Today, a Geekbench listing reveals that the Vivo NEX 2 will be powered by a Qualcomm Snapdragon 845 SoC and come with up to 10GB of RAM.
In a single-core test, the phone reached 2220 points and scored 8467 points in the multi-core test. Both the scores are in line with what we expect from a smartphone powered by the Snapdragon 845 chipset. On the software front, the device is currently being tested on the latest Android 9 Pie operating system.
Gizchina News of the week
Earlier this week, Vivo teased its Vivo NEX 2 smartphone revealing that it would come with triple rear cameras and dual displays. Thanks to the second screen at the rear, a selfie camera on the front is no longer required, helping maximize the screen-to-body ratio. Users can capture selfies using the triple-camera setup on the back of the device.
Vivo has officially confirmed that the smartphone will be launched in China on December 12, so we will not have to wait very long to find out everything about the next Vivo flagship.


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‘Adulterated milk puts human lives at risk’
Srinagar, Apr 06 (GNS): Expressing grave concern over rampant adulterated milk in Kashmir, Doctors Association Kashmir (DAK) today demanded ban on sale of Khyber milk which has been found to be adulterated with detergents.
Terming contaminated milk as attack on human lives, President DAK Dr Nisar ul Hassan in a statement said that government should immediately stop manufacture and sale of Khyber dairy products and withdraw all stocks from the market till there is clarity on the quality of products.
A JK court on Monday held Khyber Agro Pvt Ltd guilty of selling unsafe milk and asked commissioner of food safety to shut the company operations and to take its products off the market.
Despite court directions, adulterated milk is sold boldly and openly in the market in connivance with those employed to check and seize it, thus playing with the health and lives of people.
While the food analyst of Kashmir in its report in 2013 had declared the milk product safe for consumption, the sample was found unsafe by a Kolkata lab.
Virtually every cup of tea grownups have been taking for years and every ounce of milk infants have been brought up on was actually a deadly cocktail of detergents and hazardous substances.
Majority of people in our valley are dependent on milk for their nutritional needs but get ‘white poison’ instead.
A national survey on milk adulteration in 2011 (snap short survey) by FSSAI revealed that 83% of milk consumed in Kashmir contains dangerous detergents and other hazardous substances.
The adulterated milk can cause gastroenteritis, heart, kidney, liver and lung diseases and drinking of such milk for prolonged period can cause cancers and even death.
Infants have abnormal growth and nervous disorders due to ingestion of adulterated food and pregnant women can lose their fetuses due to toxic adulterants.
It is obligatory on state to protect human lives and ensure supply of safe milk to citizens.
There is dire need to enact stringent laws to curb food adulteration as the current maximum punishment of six months is grossly inadequate. (GNS)


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In a bid to improve its user-experience for Windows users, Pinterest is now officially introducing a desktop app for Windows 10.
In a Medium post last week, Will Yau, Growth Engineer at Pinterest, announced that the company is finally bringing a desktop app for Windows users, in order to “create a more seamless experience” and allow users to access Pinterest without a browser and the numerous open tabs that can “make for a burdensome experience.” With the new app, Pinterest will now be readily accessible directly from the start menu and taskbar.
In addition to improving user experience, Pinterest leverages the Progressive Web App (PWA). As Yau explains, “since it’s a PWA, it’s reliable, fast and engaging, making efficient use of service workers, cache, notification and more. It also has a proper app manifest and leverage sharing and other features.”
Pinterest also sees this as an opportunity to reach users of the more than 800 million Windows 10 devices worldwide, who also have access to the Microsoft Store. The Store a great distribution channel, but is also “flexible and treats packaged PWA as a first class citizen with access to Windows 10 feature APIs,” explains Yau.
PWA apps offer small app sizes and can stay continuously updated and fresh. Furthermore, the availability of “service worker” allows Pinterest to offer a great offline experience like most native apps.
The app does have some challenges, though. One is that the app needs to be downloaded, and the other is that it can crash. Also, making the app available through the Microsoft Store increases friction and drop-offs will be inevitable within the specific acquisition funnel.
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Yahoo say they will encrypt all users’ personal data, Microsoft to announce new CEO before Christmas, PC sales to stabilise at the start of early 2014 and Apple said to be building a 12.9″ iPad ‘Pro’.
Topics talked about today:
- Yahoo to encrypt all users’ personal data
- Call to ban car hands-free phones
- Microsoft to announce new CEO before Christmas
- Which? questions tablet storage price mark ups
- PC sales to stabilise says analyst
- Apple said to be building 12.9″ iPad Pro for early 2014


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By Steve James
Alcoa Inc., the largest U.S. aluminum producer, posted a fourth-quarter loss on Monday but gave a positive outlook for metal demand in the aerospace, construction and other industries, lifting its stock price in after-hours trading.
It forecast 7% growth in global aluminum demand this year and said production cutbacks will help put the industry into deficit of around 600,000 tonnes this year.
This would help push up pricing of the metal, which fell 18% last year, contributing to the company’s first loss in nine quarters.
Alcoa expects global growth for aluminum in the aerospace industry of 10% to 11%, with automotive growing 3% to 8%, commercial transportation 2% to 5%, packaging 2% to 3% and building and construction growing by 4% to 5%.
It also maintained its forecast for a doubling of aluminum demand by 2020.
In after-hours trading, Alcoa’s stock rose 6 US cents to US$9.48.
Analyst Bridget Freas of Morningstar Inc. in Chicago said the results were quite good. “The loss is not the headline. The revenue is actually higher-than-expected. Shipments are still holding up very strong. Demand for aluminum is actually quite strong,” she said.
In its earnings release – traditionally the first of the season by a Dow component – Alcoa reported a loss as slumping metal prices forced it to take a charge for cutting back costly production and it cited market weakness, particularly in construction and packaging.
The loss from continuing operations was US$193-million, or 18 US cents per share, compared with a profit of US$172-million, or 15 US cents per share in the same quarter of 2010.
Excluding restructuring and other charges, the loss was US$34-million, or 3 US cents per share, the company said.
Revenue rose 6% to US$6-billion even as the price of aluminum fell 6% in the fourth quarter and 18% in the year.
The 3-cent loss was in line with lowered estimates but the revenue beat estimates of US$5.7-billion, according to Thomson Reuters.
Last week, Alcoa said it will cut 12% of its global smelting capacity and take action to counter rising raw material costs. It is closing a smelter in Tennessee and curtailing capacity at plants in Texas, Italy and Spain.
Kuni Chen, of CRT Capital Group said: “It was an in-line quarter, obviously expectations came down pretty sharply coming in to the quarter.
“The commentary for the year ahead, in terms of the aluminum market expected to be in deficit, that’s a positive, and certainly in line with our view that you will see more supply come out of the market if metal prices stay at these low levels.”
© Thomson Reuters 2011


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FIFA looks set to return this year in some form (Picture: EA)
A new rumour suggests FIFA is working with Take-Two subsidiary 2K Games on a football rival to EA Sports FC.
As noted in a press release at the time, FIFA said it ‘intends to work with a range of partners’, instead of just one publisher, on games moving forward. The organisation also said it is ‘engaging with leading game publishers, media companies and investors in regard to the development of a major new FIFA simulation football game title for 2024’.
While we’ve heard nothing since about this 2024 title, a new rumour suggests it could be from Take-Two subsidiary 2K Games, who are known for annual sports games like NBA 2K and WWE 2K.
The post comes from noted leaker Kurakasis, who teased the collaboration on Twitter, writing: ‘My favourite FIFA game. 2K2, oops, 2002 FIFA World Cup.’
While the post itself is light on the details, Kurakasis has a reputable track record. Recently, they leaked the existence of Metro Awakening VR ahead of its announcement at Sony’s State Of Play.
Take-Two has already discussed the idea of taking on the FIFA branding, and didn’t rule out the possibility.
In an IGN interview from 2022, the publisher’s CEO, Strauss Zelnick, said: ‘We’re definitely interested in expanding our opportunities in sports, and FIFA has a great brand and incredible clout, but we have no current plans to discuss.’
If a FIFA title is planned for this year, it’s likely the announcement of a new partnership will happen over the coming months.
As EA Sports FC has proven though, the official FIFA licence makes very little difference, beyond the name and the World Cup licence. All the clubs and players have to be licensed separately, which is hugely expensive on top of whatever FIFA will charge.
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This is a significant update for Facebook Advertisers. According to reports, Facebook is removing its restrictions on ads which include more than 20% text in the main image. As shared by social media expert Matt Navarra, Facebook is contacting advertisers direct to inform them of the update, explaining that: “…we will no longer penalize ads with higher […]
Your Turn To Make a Move
Let’s Work Together.


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Medvedev tries new alcoholism crackdown
Issued on: Modified:
President Dmitry Medvedev has ordered a whole new series of restrictions on alcohol sales in Russia, where alcoholism remains a huge health problem. However, like his predecessors, he will face significant public opposition.
Reuters - Russian President Dmitry Medvedvev on Friday gave his officials three months to enact tough restrictions to try and curb alcohol abuse.
Last month, Medvedev described alcoholism as a “national disaster”, which undermines public health and hampers the economy, urging the public to unite in fighting against it.
Russia has one of the world’s highest per-capita rates of alcohol consumption, linked to life expectancy. According to official figures, just 40 percent of this year’s school leavers will reach the pension age of 55 for women and 60 for men.
Earlier attempts to introduce curbs on alcohol, including a major campaign by the last Soviet leader Mikhail Gorbachev launched in 1985, brought little practical results and undermined government popularity.
On Friday, Medvedev ordered Prime Minister Vladimir Putin to introduce new restrictions on advertising alcoholic drinks and to allow local authorities to ban the sale of alcohol in specific locations and at specific times of the day. Medvedev also proposed replacing fines with criminal punishment for those who sell spirits and beer to those under 18, who are banned from buying alcohol.
The proposals, which echo similar measures introduced during Gorbachev’s campaign, will be unpopular in a country where easy access to alcohol and public drinking in parks and streets are seen as traditional rights.
Medvedev also ordered the government to initiate new measures limiting the illegal production and sale of spirits.
Russian officials say about 30-50 percent of Russia’s vodka market is illegal and untaxed. Many officials say a state vodka monopoly would bring order to the market and make it easier to control.
The proposed measures will hardly affect importers of alcohol, whose share of the local market does not exceed three percent. Most imported wines and spirits are sold in legal shops, which will not be affected.
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Medical, consumer groups target vinyl
SAN FRANCISCO — The American Medical Association is considering urging alternatives to PVC for use in hospitals, citing concern about toxic dioxins emitted from burning vinyl in medical-waste incinerators.
The AMA's California delegation wants the nationwide group to adopt an anti-PVC resolution at a meeting in Hawaii during the week of Dec. 7, but the resolution is not a priority, said Sandra Bresler, director of professional and scientific policy for the California Medical Association in San Francisco.
The AMA resolution said dioxins are linked with birth defects, reproductive dysfunction, endocrine disruption and cancer at extremely low doses. Dioxin is formed by burning chlorine, and AMA said that PVC accounts for most of the organically bound chlorine in medical waste.
Mark Sofman, manager of industry affairs with the Vinyl Institute in Morristown, N.J., said new Environmental Protection Agency standards will reduce dioxin emitted from medical-waste incinerators by 90 percent.
Incinerator operating conditions, not the amount of chlorine burned, play a key role in dioxin emissions, he said.
The AMA resolution comes as Public Interest Research Groups in states across the country put soft vinyl toys containing phthalates on their lists of hazardous toys. This marked the first year the toys have made the lists, which were released Nov. 24.
DuPont sticking to PTFE expansion plan
WILMINGTON, DEL. — DuPont has earmarked significant funds to strengthen its position in the Teflon polytetrafluoroethylene resin market.
``We've invested $20 million in PTFE in the past three years, and we're going to invest another $100 million during the next five years,'' Henry Voigt, global business director for Teflon, said in a news release.
The Wilmington-based company makes PTFE at its Parkersburg, W.Va., plant and expects to install the process at plants in Dordrecht, Netherlands, and Shimizu, Japan. By the end of the five-year global program, DuPont's capacity will increase 30 percent. The firm declined to reveal its current capacity.
``With these investments, we'll be able to meet increasing customer requirements for fine powder, granular and dispersion forms of Teflon PTFE,'' Voigt said. DuPont plans to add new equipment and upgrade existing equipment at the plants.
PTFE often is used as corrosion protection, lining pipes, valves and fittings used in the chemical industry.
Milgard building new Calif. window plant
TACOMA, WASH. — Milgard Manufacturing Inc. is spending $5.5 million to expand its Temecula, Calif., window assembly plant.
The firm is building a 123,000-square-foot plant in Temecula and will close its current facility there when the new one begins operating in May. It needs more capacity for the growing Southern California market for vinyl windows for the retrofit and remodeling segments.
Jim Sweeney, general manager of the Temecula plant, said the new facility will not include profile extruders. Temecula, like other Milgard window plants, sources vinyl profiles from its Tacoma headquarters.
Milgard has focused sales in the West, but it is opening a sales office in Chicago and plans to begin assembling windows at a Midwest location by March, Sweeney said in a telephone interview.
Dean looks to replace bottle's PVC labels
CHICAGO — Dean Foods Co. has begun testing aimed at replacing PVC with glycol-modified PET for labels on its Milk Chug polyethylene bottles.
The company is doing internal testing and hopes to have results after the first of the year, Dean spokesman Dave Rotunno said at the recent Pack Expo 98 show in Chicago. The firm is testing at several plants to see if the full-body, shrink-wrap labels conform to the bottles.
In addition, Chicago-based Dean is working with suppliers to create wraparound labels for its half-gallon and gallon containers. The company hopes the wraparound labels will provide a bolder brand identity. In addition, Dean and other companies could take advantage of promotional opportunities, such as coupons, on the labels.


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After less than a year, the relationship between San Francisco-based agency Eleven and TaylorMade Golf has come to an end. According to a spokesperson for the brand, a subsidiary of TaylorMade-Adidas Golf, the world’s largest golf equipment/apparel company, the contract period between TaylorMade and Eleven was a nine-month engagement, and “that term came to a natural close mid-February.” Spies, though, say it was Eleven that chose to part ways with TaylorMade once the contract was up on Feb. 14. Whatever the case, we’ve been told that Carlsbad, CA-based TaylorMade Golf will not be launching a review at this time.
Eleven picked up global creative duties for the brand last summer, beating out nearly a dozen other agencies in the process. TaylorMade aside, Eleven also works with clients including Apple, Virgin America, Union Bank and Facebook.
Update: The Eleven camp confirms that they resigned the TaylorMade business due to “creative differences,” and the agency “wishes them well.”


text: Over the last few months, it seems the police have been doubling down on rappers. We've seen DaBaby getting arrested three in just a few months, most recently Offset of the Migos trio found himself handcuffed up against a wall at a Los Angeles shopping center Wednesday (Jan.29). In the video, Offset is seen clearly upset arguing with cops, trying to figure out what is going on.In the report by TMZ, they say someone called in reporting someone allegedly seen with a gun at the shopping center. While the information was slim after the video showing Offset handcuffed, TMZ followed up on the story today (Jan. 30) claiming that two loaded handguns were found in his SUV. The rapper was brought in for questioning, eventually walking free after two men claiming the guns were theirs. Offset walked out, calling it all a case of "mistaken identity." Watch it down below.


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The sabotage of Huawei’s smartphone business by the US Government has put Samsung back on the map in Europe during Q2, with the Korean company recording a spectacular surge and its highest market share for five years. Chinese smartphone maker Xiaomi had an even more impressive growth spurt in the quarter, according to UK based analyst firm Canalysis.
The three main mobile telecommunications carriers in India, spooked by the US ban on Huawei and ZTE, have indicated that they may not use equipment from the two main Chinese telecoms companies for the core component of their 5G networks.
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TCHTA CEO Highlighted by Marketplace Excellence
Bevan Springer, President of Marketplace Excellence, a global full-service, integrated marketing agency, sat with TCHTA CEO and regional CSHAE Executive, Stacy Cox for a feature of this industry trailblazer in NOTED.
“As the lead executive of TCHTA, Cox represents her membership on matters affecting the Territory’s bread-and-butter tourism sector, locally, regionally, and internationally, and believes in the steady growth and promotion of a sustainable tourism product through education, awareness, and outreach.”
“One of her association’s priorities for 2023 is to promote wellness in Turks and Caicos and remove the stigma associated with mental illness, especially given the widespread impact and after-effects of the COVID pandemic.”
READ MORE AT: conta.cc/3GIqkZJ
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Despite a relatively sluggish economy in Alberta, Edmonton International Airport has been experiencing tremendous growth in terms of air freight tonnage. In tandem with air freight options in terms of flights expanding at the airport and helping the regional economy despite an overall downturn.
Very encouraging news for Nevada as Reno-Tahoe International Airport announced that record setting air freight tonnage passed through the airport in 2015. Overall the results were exceptional with totals reaching more than 138 million pounds of air cargo over the course of the year, a 7 percent increase over 2014.
For domestic and international air freight Hawaii is uniquely situated and deeply dependent on air cargo services and the growth in this arena continues. Located over 2,000 miles from the U.S. west coast and almost 3,900 miles from Japan, Honolulu International Airport is a key ecomonic hub for the islands.


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With added sales abroad, Hummer’s chief Martin Walsh says he’d like to see international sales boost to 25% – over double the current share. Hummer and Saturn were the only two GM brands to see sales gains this year – with Hummer up 44% — largely due to the introduction of the Hummer H3. Sales abroad currently make for 10% of Hummer’s figures, and sales outside the U.S. have grown twice as fast as the industry average in the past six years.
New GMC Hummer EV Video Teases Design, Features
GMC released a new Hummer EV video today that teases some design features, driving modes, …


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... the first time in a year and a half. but analysts still predict certified sales will rise overall this year.Source:Autonews.com
Sales of certified used vehicles slipped in June for the first time in a year and a half. But analysts still predict certified sales will rise overall this year.
read more: Certified-used sales fall in June, expected to rise for year
... 7-0 on saturday night for their third straight win over the twins. sale (10-1) scattered five hits - all ...Source:Washingtontimes.com
MINNEAPOLIS (AP) - Chris Sale tied a season high with 12 strikeouts in eight dominant innings, Alexei Ramirez hit his 10th homer, and the Chicago White Sox beat Minnesota 7-0 on Saturday night for their third straight win over the Twins....
read more: Sale shuts down Twins in White Sox's 7-0 win
... duravit continued to grow in south america with a new sales company in são paulo/brazil. in asia, and in china ...Source:Duravit.com
In 2013, the Duravit Group topped Euro 380 million in sales for the first time: exchange rate adjusted, sales increased by 4.1%, nominally by 0.6% compared with the previous year. The company achieved a profit growth after tax and...
read more: Duravit: Sales and earnings rose again in 2013


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Waking up to all of this morning's Nintendo announcements was like its own mini-E3; the scroll wheel on my mouse simply couldn't move fast enough. One of the bigger news items to come from Nintendo Direct was the announcement of a new 3D Mario action game for Wii U from the team behind Super Mario Galaxy 1 and 2 as well as Super Mario 3D Land. In other words, the folks we want to be working on more Mario.
Additionally, Nintendo has another Mario Kart in the works, which is similarly unsurprising to hear, but entirely welcome all the same. While both of these games weren't shown off during the event, they will be playable at E3 2013 in June. What a show this is shaping up to be.
Square Enix will be adding to the huge list of live streaming events timed for E3. Their Square Enix Presents presentation will show the world their E3 line-up during the show, running from June 11-13, straight from the show ...more
Here's a quick update on that E3-timed Nintendo Direct we told you about recently. We know it will focus on future Wii U games, and will be streamed live here. And we now have a time: June 11 at 7 a.m. PT. That's pretty damned early.more
Okay, take Dead Island's entire concept, subtract the role-playing mechanics, throw in freerunning features akin to Mirror's Edge, and set it all in an open world that features a day-and-night cycle where things become way ha...more


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At the moment it seems that no matter how many times Viusasa advertises or runs promos, the platform is not gaining traction with Kenyans, instead the numerous commercials on Royalmedia’s individual TV and radio stations are only driving viewers/listeners away.
Revelations that Viusasa has slashed its prices 50% to stay afloat do not come as a surprise, anybody who understands how the broadcast industry works will tell you that the Video on Demand (VOD) platform was never going to make any money with the content that it is currently offering.
Viusasa is modeled after global brands such as Netflix, Amazon Prime, Hulu, CBS All Access and Crackle but the Kenyan platform has gone against all the economic laws of VOD.
The difference between the American platforms and Viusasa is that the foreign firms understand what it takes to have the public pay for content and that is where Viusasa has failed.
Netflix which is currently valued at Ksh 1.6 trillion, approximately half of Kenya’s budget in the current financial year, started out as a DVD rental business in 1997 before venturing into streaming in 2007.
The company has 137 million subscribers worldwide and operates in all countries in the world except Mainland China, Syria, North Korea, and Crimea.
It expanded internationally in 2010 and started broadcasting original TV series in 2012 when it debuted its first show Lily Hammer.
Lily Hammer did not perform as well as expected. Netflix had to wait for House of Cards, a political drama to finally capture audiences, it first streamed in 2013.
The success of House of Cards was so scary for America’s free to air networks CBS, ABC, NBC, FOX and the CW that the broadcasters ganged up and set up Hulu, same as broadcasting giants Sony and HBO who started Crackle AND HBO GO respectively.
Netflix also toppled the major VOD at the time, Amazon Prime which has since leveled up on investment.
Here is where Viusasa comes in, Netflix spent Ksh10.1 billion to produce 13 episodes of House of Cards Season 1. Viusasa on the other hand either assumed that the Kenyan audience will pay for average content or underestimated what is required to set up a successful VOD platform after the runaway success of its traditional media subsidiaries including Citizen TV.
Speculation is also rife that Viusasa owes producers money after they delivered their content and are yet to be paid.
The economic laws of VOD platforms are very simple; you have to invest heavily in original content. Viusasa did not invest in quality content and instead splash the cash on bulk hence its unpopularity.
Viusasa also went on an acquisition spree of content that was not exclusive to them; the best example is Churchill Show which airs on NTV. Kenyans were never going to pay for content that they have watched elsewhere without being charged.
If Viusasa had done its research they would have realised that Kenya’s copyright laws are not strong enough to support the VOD business, in the event that Viusasa actually observed the first two laws, there was no guarantee that the shows they would have loaded on the platform would not be pirated given the troubles that the music industry is currently facing with the vice.
As the first local company to venture into the streaming business, it would require serious lobbying to ensure that the government puts in place laws and regulations to curb piracy of local content.
However, after noticing that the model had flopped, instead of reworking the plan and researching on where they had gone wrong, Viusasa slashed its charges from Ksh20 to Ksh10. It is almost inevitable that the results will be the same.
You can’t do things the same way and expect different results.


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Just like online product sales for common goods have forced many brick-and-mortar stores to close, it appears the more ‘punters’ in the UK bet online, the less they bet in old-fashioned bookmaking shops.
Online successes felt from the merger that created Ladbrokes Coral haven’t fully offset the losses expected at retail betting shops across London and the UK.
Ladbrokes Coral’s income from digital operations climbed 17 % in the half that is first of, with sports wagering revenues up 25 %, in line with the FTSE 250 company’s latest public financial reports, released on Thursday.
The general amount wagered online on sports grew by 27 percent, while revenues from games such as online roulette showed an 11 percent increase. Profits from land-based operations, meanwhile, slipped six percent, while the total amount bet in these shops on like-for-like offerings declined seven percent.
Coming FOBT Crunch
The boost that is online total income inch up by one percent compared to last year, but figures for retail betting make for grimmer reading. And with regulations on fixed-odds betting terminals expected to be tightened soon carrying out a federal government revue, likelihood of a rebound that is retail slim.
Some politicians have called for the odds on FOBTs to be cut from £100 ($131) a spin to £2 ($2.61), a move that the bookmaking industry has warned would lead to the loss of 20,000 jobs, and lead to clo (more…)


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Over the weekend, Azuki, a sought-after NFT collection, caught everyone’s attention by not just following but enthusiastically sharing Weeb3 Foundation’s tweets on platform X. The ripple effect was immediate, with the NFT prices experiencing a swift 33.3% surge, fueled by the buzz around the anticipated Azuki token.
Azuki and Weeb3: Tweeting Their Way to a Partnership?
Azuki made waves by not just hitting the ‘follow’ button but also giving a shoutout to Weeb3 Foundation on Twitter. The move set tongues wagging, leading many to speculate on a potential collaboration between the two entities. The parallel between Weeb3 Foundation’s rebranding, centered around the ANIME token, and Azuki’s marketing strategies added fuel to the rumor mill. Market whispers even suggested that ANMIE might just be Azuki’s upcoming token.
Word on the digital street hinted at a possible joint venture between Azuki and SanFranTokyo, the latter having recently unveiled the ANIM3 Token. If true, this collaboration could mark the dawn of a new era for anime brands in the NFT space, an area that remains relatively untapped.
Legal Hurdles on the Horizon?
However, amid the excitement, concerns surfaced about potential legal ramifications with the SEC, given Azuki’s operations being based in the US.
Market Reactions: From Cheers to Skepticism
Azuki’s move generated a mixed bag of reactions. Supporters hailed the development, seeing it as Azuki finally embracing the hype. Yet, skeptics questioned the timing, suggesting that the NFT project should have asserted itself earlier, perhaps right after the launch of ApeCoin.
Current Snapshot of Azuki NFT Prices
As of the latest update, the NFT project’s floor price for the day sits at $17,967, boasting a 24-hour sales volume of 5,187 ETH. With a total of 10,000 NFTs minted and held by 4,318 unique owners, Azuki commands a total market cap exceeding $179 million.
Ranked at #7 in NFT Price Floor, Azuki maintains a floor cap of 80,000 ETH, a listed ratio of 5.05%, and a max supply capped at 10,000. The project continues to be a captivating player in the dynamic NFT landscape.


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New Nokia 9 Plus Phone Codenamed Nokia TA-1139 has successfully passed certification. Guess what, the phone is set to offer a whole 8GB RAM and 512GB ROM as well as Qualcomm lastest processor.
Nokia 9 Plus Phone specs – 8GB RAM Beast
If you remember, we first reported about the Nokia 9 plus smartphone since 2018. That earlier Nokia 9+ report was from our source that works inside HMD Global “Nokia phones manufacturer”. At that time, the Nokia 9 Plus handset was just a design concept.
Things are getting serious now, the phone has successfully passed certification and might arrive at the Mobile World Congress 2019. The new Nokia 9 Plus a.k.a Nokia smartphone TA-1139 was certified in Indonesia and Russia. As by HMD Global, Nokia fans can expect the Nokia TA-1139 phone at the MWC 2019.
For what we know so far, the new Nokia 9 Plus specs will offer 8GB RAM with 512GB ROM. This will make it one of the world’s powerful phone ever. The phone is going to run on Qualcomm Snapdragon 855 SoC. For the Nokia 9 Plus cameras, you can expect a dual shooter on the rear and 19MP on its front for selfies.
Moreover, we are expecting HMD to unveil the Nokia 9 Plus price and release date at the MWC 2019 show. Once we get enough info, you will hear from us.


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Nine months is an eternity for the American economy. The past year has proven that. The jobless rates early last year had not recovered from the COVID-19 recession. Today, the jobless rate has fallen well below 4%. By the same token, a year ago, inflation was nearly as benign as over the previous decade. Inflation, however, has moved closer to 10%, based on year-over-year figures in the consumer price index.
Some economists see a recession on the horizon that will start soon and could persist for several quarters. Inflation has eroded the buying power of millions of Americans who do not have wages that have grown at the rate of car, oil and food prices.
No other period of the year matches the holiday season as a barometer of economic health. If there is a time when Americans turn out by the tens of millions to empty their pockets, it runs from October through the end of the year. Retail sales have risen annually for at least five consecutive years. This, in turn, has forced retailers and transportation companies to add hundreds of thousands of jobs.
If price increases erode consumer spending as the year wears on, the crippling effects will show themselves throughout the summer and will ruin much of the economy in the final quarter of 2022. If pessimistic economists are correct, jobless numbers will shoot above 5% again, and spending among those who remain employed will be muted.
Holiday sales recently have posted a pattern of 5% to 7% gains. E-commerce numbers have risen even more. The retail industry, and industries that supply it, could experience financial reversals they have not and will not prepare for. The bounty has been too good for too many years.
Happy holidays? Perhaps not in 2022.
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Uttar Pradesh Postal Circle is all set to upload UP Postal Circle Mail Guard and UP Postman Answer key on the official website of India post. UP Postal Circle has successfully conducted Uttar Pradesh Postal Circle Mail Guard and Postman Exam 2015 on 13th Dec 2015 on its various examination centers in all across Uttar pradesh. A huge no of candidates have been appeared in the UP Postal Circle Exam 2015 for Postman and Mailguard. Candidate are suggested to visit the official website of Indian Post@ http://www.indiapost.gov.in/
UP Postal Circle Mail Guard/Postman 13th Dec 2015 expected Cut off Marks
If you have attempted UP Postal Exam on 13/12/2015. Than you must be searching that what would be the expected cut off marks for UP Postal Circle Mail Guard/Postman 2015 for general/SC/ST/OBC. UP Postal Circle 2015 cut off marks merit list will be uploaded by India Post on its official website so keep in touch with us by liking us on Facebook.
UP Postal Circle Postman/Mail Guard Exam 2015 latest news:-
Exam Name:- UP Postal circle Mail Guard/Postman Direct Recruitment Exam 2015
Organisation:- India Post
Exam date:- 13th Aug 2015
Answer key:- will be available soon
Result of UP Postal Circle 13 ec Exam:- Will available very soon.
Click here to Download UP Postal Circle Mail Guard/Postman official answer key 2015


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Major companies from Nestle to Ford are increasing the proportion of their ad spend on the Internet to the detriment of traditional press ads and big ad agencies are scrambling to evolve.
The changes have given birth to a slew of tech start-ups trying to come up with more sophisticated ways to match ads to consumers, often with sophisticated data mining techniques and algorithms.
While traditional advertising groups jostled for awards at a recent annual industry gathering in Cannes, the year’s biggest star was a newcomer to the beaches: the social network Facebook.
The company has gone from nowhere a few years ago to become the biggest single seller of online display advertising in the United States with more than $2 billion in revenues this year, according to research firm eMarketer.
“If I have a good experience with a brand I’ll tell a person offline — I might tell my friend — but if I do it on Facebook the average person is telling 130 people,” said Facebook Chief Operating Officer Sheryl Sandberg.
The web is an amazingly powerful tool used everyday by billions of people around the world. Searching, blogging, creating all manner of art, researching and changing the world one bit at a time. At the center of the chaos are the search engines, working to try and bring some order to things. Google, Bing, Yahoo, Ask they all work in a similar manner to try and serve up the web for it’s users. But an always interesting thought, what would the web be like without the search engines trying to organizing things?
Users of the web like to complain that the results aren’t what they’re looking for or that it’s crowded with ads. Accessing the web without any kind of a search tool or a way of organizing it would be much like being dropped into the wilderness without any clue of direction or means of survival. Hunting for pages based on referral links and word of mouth would be the only real way to find your way around the trillions of pages of the web. We wouldn’t have the massive marketing tool with the search engines, there wouldn’t be ideas shared, knowledge exchanged or any of the fuzzy feel good that comes from global collaboration.
As much as the SERPs seem terrible, as often as it feels like someone somewhere is trying to move in on your privacy, without the search engines the web would be a complete shambles.
On an unrelated note, Fresh Traffic was named Tenant of the Month at 201 Portage this month! We have cake if you want to drop by and nab a piece.
Winnipeg police are urging users of classified advertising websites to be wary of online scams, following reports from several suspicious people.
These are not new and this has been going on for years, mainly from Nigeria and other African countries, but beware a lot of these now have associates in all western countries.
A shore sign & hint will be when asked to transfer monies back to them via Western Union when they over pay you for items by the following methods.
Money orders that’s too much for the purchase.
Anyone with information on such activity is asked to report it to PhoneBusters at email@example.com.
And police ask anyone who has been a victim of this kind of fraud to contact them at 986-6222.
Use your head, if it sounds too good to be true, it probably is.
Winnipeggers are renowned cheap bargain basement, hence the hit on Winnipeg, You get what you pay for, forearmed is forewarned.


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Chillventa – the exhibition for energy efficiency, heat pumps and refrigeration
Innovation & trends from the energy efficiency – heat pumps – refrigeration sector in Nuremberg from 16 - 18 October 2018
Whether compressors, heat exchangers, fans or systems, the industry, wholesale trade, professional associations and research meet at Chillventa to discuss the most important questions on refrigeration, ac & ventilation and heat pumps.
Be there and meet the experts at this leading exhibition: Chillventa – the exhibition for the energy efficiency – heat pumps – refrigeration sector starts on 16 October 2018 in Nuremberg.
The latest news of the industry
Just a few days ago the Environmental Protection Agency announced that they would be removing their rule that went in place back in September of 2016. This rule applied Section 608 CFC/HCFC leak controls and regulations to appliances using HFC refrigerants that contained over fifty pounds of refrigerant. Basically, it passed on the same regulations that we had on CFC/HCFC refrigerants over to HFCs. The EPA’s reason for overturning these regulations is that the EPA exceeded its own authority by issuing these laws back in 2016.
Various States announcing their plans to phase out HFC refrigerants and the expectation of more States to follow it got me thinking about how these changes will end up affecting the pricing of HFC refrigerants across the country. The worse thing that can happen is for us to fall into the trap that the European Union finds itself in. Over there the prices on various HFC refrigerants have gone up hundreds of percent. These huge rises in price have caused many basic refrigerants to be out of reach for consumers and contractors
The global company showcases an extended portfolio for food retail, food service, merchandiser applications at Chillventa


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Snapdeal, the e-commerce giant shared the sales of kids’ apparel, which has increased by 493% in terms of units sold from January to July this year. This has made the kid’s section one of the flourishing sectors for the company.
Due to the pandemic, kidswear has witnessed a phenomenal growth. This is because parents today are more concerned about their kid’s safety and their growing involvement with kids have also impacted the sales of kids’ apparel, according to the company statement.
The company also stated that track pants have seen the highest increase in sales this year by experiencing 17x growth, t-shirts saw an increase by 8x growth and top and bottom sets saw an increase by 11x. While a larger percentage of audience demand continues to come from the southern market, there has been an increase in the audience from North and West india, as well.
The demand for kids’ fashion has made the company provide various affordable offers. The popular price point for the combo offers is at Rs 400-600, followed by the second best-selling range of Rs 200-400 in individual items
A Snapdeal spokesperson talking about the growth of this segment, mentioned, “Spending on children & clothes is no longer limited to special occasions such as birthdays and festivals. Parents now buy kids apparel as per needs of season, size and also driven by extra discounts during sale offerings. Mimicking the fashion preferences for adults, the purchasing behavior for kids apparel now leans towards more functional and comfortable choices, albeit with a high trendiness quotient. With increased frequency of online purchases for kids’ clothes, customers prefer value-priced merchandise including combo packs”.
Snapdeal has expanded the choice available in the kids apparel segment by adding popular brands like Luke and Lilly, Hopscotch, Gini and Jony, Cherokee, Donuts, Colt, Hellcat, Kyda, Aarika, Naughty Ninos and more. Ahead of the festive season, Snapdeal has also planned to expand thes selection of ethnic fashion for kids.


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A new rental marketplace app has launched in Dubai to help residents save on general living expenses via the sharing economy.
The app, Tnerit, founded by Emirati brothers Ali and Hussain Al Abbas, allows users to lend and borrow personal and household items from one another on a daily or monthly basis – earning money
"We live in a time when individuals want to own and experience products that exceed what they can afford,"
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Irish Grasp at EU, IMF Lifeline
Dublin Admits It Needs a Rescue; Moment of Truth for 16-Nation Euro Zone
DUBLIN—The Irish government all but buckled to pressure to accept a historic international bailout Thursday, capitulating after a week of intense lobbying from officials across Europe and spurring questions about which other European economies will need a helping hand. Ireland's central-bank governor and finance minister acknowledged for the first time Thursday that the country needs help rescuing its banking industry, which has been crippled by losses on sour loans.
The Irish government is in talks with the International Monetary Fund and European officials about a loan package that is likely to amount to "tens of billions" of euros, the central-bank governor, Patrick Honohan, said. "It will be a large loan because the purpose...is to show Ireland has sufficient firepower to deal with any concerns of the market."
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