Walang pasok for july 27 2017

Share to Twitter Share to Linkedin Both oil and gas exported from Russia bring in significant revenue that can be used to support the Russian war in Ukraine. But the export revenue from oil sales is much greate r than export revenue from gas sales. If the West stops buying oil this really hurts Russia – more than if the West stopped buying gas. Back in May, the EU agreed to ban all Russian oil imports by the end of 2022, at least those that are delivered by sea. That was a good move. Russia threatens to cut gas supplies to the European Union. Russia has realized that cutting natural gas doesn’t affect their export revenue (like oil does) but it affects the economies of EU countries a lot more. Russia supplied the EU with 40% of its gas last year , with Germany, Italy, and Netherlands the top three importers in actual volumes of gas. Germany had imported more than 50% of its gas from Russia via the Nord Stream 1 pipeline. By the end of June, … [Read more...] about Russia Threatens, EU Reduces, US Industry Helps To Untangle The Natural Gas War In Europe.

Representative image Impostor syndrome seems to be more common than actually thought, though at a collective level. People may often feel that the groups they are affiliated with may be underperforming in comparison to other groups. Although this self-critical approach may work in certain cases, it may also overlook the positives, and decrease the morale of those affiliated with the group. Many in India seem to have a collective/national-level impostor syndrome. While the Indian economy is much better placed than its peers in the emerging markets, and other economies, the government is being criticised on the economic front. The criticism comes when the fundamentals of the Indian economy are robust, despite the exogenous shocks caused by the COVID-19 pandemic, supply chain disruptions, monetary policy tightening by the US Federal Reserve, the Ukraine-Russia conflict, and inflated crude oil prices. India's macroeconomic health remains robust despite external pressures, and ongoing … [Read more...] about Bibek Debroy writes: India’s economy is better placed than its peers, other economies around the world

The Democratic Party won’t allow President Joe Biden to have the final word on whether he’ll be the party’s candidate in 2024. The door is conveniently open for other candidates to make their case on why Biden should step aside, and Democratic California Gov. Gavin Newsom seems to be doing just that. Newsom is a true Progressive Democrat who handily defeated a recent recall election and looks poised to win reelection for a second term in November. The California Democrat signaled his quest to become the Democratic Party’s 2024 Presidential nominee over the July 4th weekend when he paid Fox News $105,000 to air ads during their Independence Day programing to urge Floridians to move to California, according to CNN. “It’s Independence Day. So let’s talk about what’s going on in America. Freedom is under attack in your state. Your Republican leaders, they’re banning books, making it harder to vote, restricting speech in classrooms, even criminalizing women and doctors,” Newsom … [Read more...] about ANALYSIS: A Dem Dark Horse Has The Power To Trample The GOP In 2024

This article first appeared in The Edge Malaysia Weekly, on August 1, 2022 - August 07, 2022. - A + A WILL it be third time’s the charm for Jardine Cycle & Carriage Ltd, which launched yet another unconditional takeover offer for Cycle & Carriage Bintang Bhd (CCB) on July 14? Jardine’s bid to acquire the rest of the shares in CCB that it does not already own — at an offer price of RM2.70 per share — marks its third attempt at making CCB a fully owned subsidiary. As with the first two exercises, the current offer is expected to fall short, because even though it is higher than the previous offers of RM2.20 per share followed by another at RM2.40, it is still far from the RM4.65 enterprise value (EV) that the main dissenting shareholder Datuk David Goh contends it is worth. In an exclusive interview with The Edge in July last year, Goh said that the underlying value of CCB — one of the largest Mercedes-Benz dealerships in the country — was at … [Read more...] about Suspense over Jardine’s third attempt at CCB privatisation

- A + A (Aug 9): Apple Inc is back in a familiar role as market leader after a painful first half of the year that saw hundreds of billions of dollars in market value disappear, and individual investors are a big reason for the rally. Since bottoming in mid-June, the iPhone maker’s shares have surged 27%, outpacing the S&P 500 Index and the Nasdaq 100 Index. That’s put Apple back on top as the world’s most valuable company and within sight of turning positive for the year. Apple is now down just 7.4% in 2022, compared with a drop of 20% for the Nasdaq 100. Apple shares benefited from a relief rally after its quarterly earnings were better than feared, and its ongoing buoyancy reflects Wall Street’s confidence in its ability to continue churning out big profits. Individual investors, who recently helped ignite rallies in speculative corners of the market, have flocked to the stock. “Retail investors have been strong buyers of Apple over the past couple of … [Read more...] about Apple’s chart-topping run gets a boost from retail investors

Tenggara Strategics (The Jakarta Post) Jakarta   ● Wed, August 10, 2022 2022-08-10 07:00 0 fbd44abf30fca00c6a042b692b101d9d 4 Academia the-brief Free Nearly two months after the first foot and mouth disease (FMD) case was reported, the government finally started the cattle vaccination program for 60.6 vaccine shots in 2022-2023. The vaccines are imported through five companies assigned by the Agriculture Ministry, one of which was a fruit importer that had no previous experience in the health products market. In the first two weeks of the FMD spread, the Agriculture Ministry imposed lockdowns on affected areas and the police toughened up measures to supervise livestock movements from areas where FMD had been found. Yet, the FMD spread to 52 regencies in 15 provinces across the country within a month. Recent data on July 28 showed the number of infected cattle reached 400,000 head and economic losses estimated at Rp 9.9 trillion (US$664.17 million). … [Read more...] about Analysis: Vaccine importers make huge gains from FMD outbreak

Share to Twitter Share to Linkedin Signet Jewelers, one of the world's largest fine jewelry retailers, said Tuesday that it has signed an agreement to acquire online fine jewelry retailer, Blue Nile, Inc., for $360 million in an all-cash transaction. Signet, in a statement, says Blue Nile delivered revenue of more than $500 million in calendar year 2021. Signet Jewelers , based in Akron, Ohio, currently owns the jewelry brands, Kay Jewelers, Zales, Jared, Banter by Piercing Pagoda, Diamonds Direct, JamesAllen.com, in the U.S.; Peoples, H. Samuel, Ernest Jones in the U.K.; and the jewelry subscription service, Rocksbox Calling it a “strategic acquisition,” Signet in its statement says that adding Blue Nile to its portfolio “accelerates Signet's efforts to expand its bridal offerings and grow its ‘Accessible Luxury’ portfolio while extending its digital leadership in the jewelry category.” The company adds that Blue Nile’s customer base is younger, more … [Read more...] about Signet Jewelers To Acquire Blue Nile For $360 Million In Cash

- A + A KUALA LUMPUR (Aug 9): Perbadanan Nasional Bhd (Pernas), who is suing Serba Dinamik Holdings Bhd's managing director Datuk Dr Mohd Abdul Karim Abdullah and two former senior executives of the oil and gas services outfit's subsidiaries to claim the return of RM46.49 million over a share investment that went bad, has applied for a summary judgement against the trio. It filed the application on Aug 1 through Messrs Azmi & Associates, claiming that the defendants' defence has no merit, and that there are no longer triable issues to be decided by the court. Pernas, a Minister of Finance Inc (MOF Inc)-owned company with the mandate to lead the development of Malaysia's franchise industry, initiated the lawsuit in May. The two other defendants named in the lawsuit are Rosland Othman and Rosli Hamat. Rosland was previously senior vice president (special project) under Serba Dinamik Group Bhd (SDGB), while Rosli was senior VP (investment) of Serba Dinamik … [Read more...] about MOF Inc-owned Pernas seeks summary judgement in RM46 mil lawsuit against Serba Dinamik MD, two former execs

S.D. Shibulal, chief executive officer of Infosys, speaks during the announcement of the company's quarterly financial results at their campus in the southern Indian city of Bangalore April 15, 2014. Staff left India's second largest IT services exporter Infosys Ltd at an unprecedented pace in the last quarter, worrying its management and raising investors' concerns about its ability to win lucrative contracts even as it posted a higher-than-expected net profit for the period. REUTERS/Stringer (INDIA - Tags: BUSINESS) - GM1EA4F1MK501 India's second-largest IT services company Infosys is "comfortable" with the higher revenue growth guidance of 14-16 per cent it gave for the full fiscal, as global IT spends are in "good shape" and digital focus of clients is "quite strong", CEO Salil Parekh said on Tuesday. Infosys' top boss told PTI in an interview that the company sees continued strength in both US and European markets, although it is keeping a close watch on the … [Read more...] about IT spends in good shape; see continued strength in US, European markets: Infosys CEO

GAS LINES IN AMERICA… Four Governors Declare States Of Emergency Due To Gasoline Shortage Four governors declared states of emergency in response to gas shortages brought on by the Colonial Pipeline hack. Democratic North Carolina Gov. Roy Cooper declared a state of emergency on Monday due to his state’s gas shortage. Republicans Govs. Brian Kemp of Georgia and Ron DeSantis of Florida, and Democratic Virginia Gov. Ralph Northam declared states of emergency on Tuesday. Republican South Carolina Gov. Henry McMaster announced that he would not declare a new state of emergency because the state was already in one due to the COVID-19 pandemic. Kemp suspended Georgia’s gas taxes, while Cooper eliminated transportation regulations. McMaster instituted anti-price gouging laws. Virginia Republicans called on Northam to suspend the state’s gas tax. CBS NEWS… The South was being hit hardest. Late Monday, almost 6.5% of gas stations in Virginia were out of fuel, … [Read more...] about Editor Daily Rundown: Governors Declare States Of Emergency In Response To Gas Shortages