What expect the first year

Share to Twitter Share to Linkedin The Serie A January transfer market window will suffer significantly from the financial wounds inflicted by the coronavirus pandemic. This winter, Serie A fans will not experience the same calciomercato liveliness that, in recent years, has brought high-profile names to Italian soccer, such as Cristiano Ronaldo , Zlatan Ibrahimović , Romelu Lukaku, and Christian Eriksen. That is the argument supported by Eleonora Trotta, who has been covering Serie A’s transfer market news for more than a decade as an editor for Italian online newspaper Calciomercato.it . Trotta explains that a lack of funds is forcing sporting directors across all Serie A clubs to take a very prudent approach to transfer negotiations. “The main trend is that the budget (for clubs) does not exist,” Trotta told me. “It’s basically zero.” A Risk-Averse Approach Because clubs cannot afford investing in risky transfer deals, … [Read more...] about What To Expect From The Serie A January Transfer Market Window As Teams Work With Limited Budgets

Share to Twitter Share to Linkedin What Happened In 2022 Even before a months-long winter engulfed the digital-assets market, 2022 was shaping up as the year that Washington began to get serious about regulating the cryptocurrency business. That resolve was bolstered throughout the year by a series of calamities that included a massive stablecoin failure of terraUSD and the associated luna, with contagion effects that impacted BlockFi, Celsius Network and Voyager Digital exchange that called into question the ability of crypto exchanges to be digital asset custodians that would protect investors’ assets. Essentially, the crypto industry managed to recreate the same risks of the traditional banking system, in which the institutions that were responsible for holding customer’s assets were simultaneously lending funds, leading to leverage, liquidity and capital conflicts. Before the year could end, the third-largest exchange, FTX – previously seen as a … [Read more...] about 2022 Year In Review: Crypto Policy Experiences Massive Turbulence In Congress Amid TerraUSD And FTX Failures

Share to Twitter Share to Linkedin United Airlines CEO Oscar Munoz and President Scott Kirby thanked their 90,000 workers Friday afternoon for pressing lawmakers to pass a $2 trillion stimulus package with $58 billion in funding for beleaguered U.S. airlines , half of it grant aid to cover their payrolls and prevent layoffs through Sept. 30. That’s not long enough to get the industry out of the woods, the United executives warned. They expect the downturn in travel from the coronavirus pandemic to last well beyond that date, and require painful cuts. “If the recovery is as slow as we fear, it means our airline and our workforce will have to be smaller than it is today,” they said in a letter to staff that was publicly released. United has reduced its April schedule by more than 60%, Munoz and Kirby wrote, and even with that, load factors will likely fall into the teens or single digits. Deeper cuts are planned for May and June. “Based on how … [Read more...] about United Airlines To Workers: Expect Layoffs After Bailout Restrictions End

Moneycontrol looks into major sectors that are poised to generate employment as per the Economic Survey 2023. Total assets under custody of Foreign Portfolio Investors (FPIs) increased by 3.4 percent owing to the strong macroeconomic fundamentals of the Indian economy and improvement in market risk appetite from time to time, according to the Economic Survey 2022-23 released by the Finance Ministry on January 31. Despite the uncertain macro environment considering the inflation and geopolitical concerns, the total assets under custody of FPIs increased to Rs 54.0 lakh crore at the end of November 2022 as compared to Rs 52.2 lakh crore at the end of November 2021. Ironically, this increase comes at a time when Indian equities are witnessing huge FPI outflows. Also Read | Economic Survey 2023 shines light on growing demat accounts tally, flags declining additions During FY23, if we look at the overall net investments by FPIs, the market saw an FPI outflow of Rs … [Read more...] about Economic Survey 2023: Total assets under FPIs grow despite huge outflows

The launch of the next OnePlus flagship smartphone is just around the corner. The OnePlus 11 is expected to launch sometime early next year in January 2023. According to previous leaks, the vanilla OnePlus 11 will debut in China, India, and other markets early next year, while other models will follow soon after. Now, new images of the OnePlus 11 have surfaced courtesy of OnLeaks and GadgetGang revealing its design. The image shows the OnePlus 11 in two new colours – a black model and a greyish-green variant. They will likely be called Volcanic Black and Forest Emerald. The leaked renders also reveal the addition of the power button and alert slider on the right and volume rocker on the left. The OnePlus 11 also appears to have the same design language as the OnePlus 10 Pro ( Review ) with the camera island blending into the frame. However, the OnePlus 11 will feature a circular camera island as opposed to the box shape on the OnePlus 10 Pro 5G. Additionally, the … [Read more...] about OnePlus 11 official design leaked online, January 2023 launch tipped

The economy is slowing down and inflation is cooling, with no mass layoffs in sight—that’s not supposed to happen. Friday’s news that employers kicked hiring into high gear in January by adding 517,000 jobs came as a surprise for a number of reasons. Layoffs at Google ( GOOGL) and other tech companies have dominated headlines . Other parts of the economy have been slowing down , with a multitude of indicators flashing warning signs of a recession. The domino effect of a slow down usually causes a surge in the unemployment level, and economists had expected those headwinds to at least curb the pace of job gains. “It’s clearly the tale of two economies,” said Ryan Sweet, chief U.S. economist at Oxford Economics. “The labor market is extremely tight. It's very strong, but the rest of the economy is slowing down.” Those two things don’t usually go together, but the pandemic may have overturned the old rules. “Historical experience may prove to be misleading in 2023,” said … [Read more...] about The Job Market Is Defying Economic Gravity

Larry Page (Image: Reuters) Last month, Larry Page and Sergey Brin, Google’s founders, held several meetings with company executives. The topic: a rival’s new chatbot, a clever A.I. product that looked as if it could be the first notable threat in decades to Google’s $149 billion search business. Mr. Page and Mr. Brin, who had not spent much time at Google since they left their daily roles with the company in 2019, reviewed Google’s artificial intelligence product strategy, according to two people with knowledge of the meetings who were not allowed to discuss them. They approved plans and pitched ideas to put more chatbot features into Google’s search engine. And they offered advice to company leaders, who have put A.I. front and center in their plans. The re-engagement of Google’s founders, at the invitation of the company’s current chief executive, Sundar Pichai, emphasized the urgency felt among many Google executives about artificial intelligence and that chatbot, … [Read more...] about Google calls in help from Larry Page and Sergey Brin for A.I. fight

Not just Bengaluru, many towns and cities across India — Jodhpur, Patna, Guwahati, Silchar, Surat, Ahmedabad, Mumbai and Gurugram (above), to name a few — were flooded after spells of intense rain that overwhelmed their poor and choked urban infrastructure. (Image: @ashwinning/Twitter) While there are a host of manmade and natural factors behind the increasing incidence of floods in Indian cities, it is the former that is more to blame, experts have warned, emphasising that the environment must be respected and things set right before it is too late. Unplanned construction in low-lying areas and wetlands, rampant concretisation, choked and overwhelmed storm-water drains, as well as disappearing water bodies and natural water channels are responsible for urban floods, which throw life out of gear in cities every monsoon. A spurt in spells of very heavy rainfall in short durations triggered by erratic weather patterns is a double whammy for already-choked urban infrastructure, … [Read more...] about Intense rain, choked infrastructure: Why urban India sinks every monsoon

Much of the hope for a revival of India’s jute industry rests on bans on single-use plastics that dozens of countries, including India, have enacted in recent years (Representative Image) Sameer Yasir NADIA, India — When shoppers in places like America take a woven reusable bag to the store, they aren’t just saving the planet. They are reviving a storied industry thousands of miles away in India. Jute, a coarse fibre used to make fabrics like burlap, has been cultivated for centuries in the warm and humid climate of the Ganges Delta. Some of India’s jute factories have been in operation for more than a century, and today the country is the world’s largest producer. But in recent decades, the industry has struggled as less expensive synthetic substitutes have flooded the market. Farmers turned to other crops, cheap labour moved elsewhere and mills deteriorated from lack of investment. Now, though, what had been jute’s weakness is its potential strength. As much of the … [Read more...] about That reusable Trader Joe’s bag? It’s rescuing an Indian industry

Representative image The union government is likely to release the second part of the green hydrogen policy in December this year, senior officials in the ministry of new and renewable energy (MNRE) said on October 11. The second part is expected to detail the economic benefits of manufacturing it. The Ministry of Power notified the first part of the National Hydrogen Mission policy on green hydrogen and green ammonia on February 17. The second phase was under consideration by the central government’s expenditure finance committee at the time and the ministry has said it will be announced soon. “Now the second phase or rather a comprehensive green hydrogen policy is in the final stages. It is yet to be tabled before the Cabinet though. Once it is approved by the Cabinet, the document will be notified. But, it will in fact be released in the form of one comprehensive policy document outlining India’s green hydrogen mission,” said AK Tripathi, advisor, MNRE. Green hydrogen … [Read more...] about National Hydrogen Mission policy’s second part likely to be announced by December: MNRE officials