Why does pressure cooker cook food faster

UOB: Room for Bank Negara to hike OPR by another 50bps before end-September - A + A KUALA LUMPUR (June 22): There is growing pressure on Bank Negara Malaysia to hike rates faster in the face of an aggressive US Federal Reserve, while there is widening consensus that global food and energy prices will continue to stay elevated for longer, with any potential supply shocks seen capable of driving prices and inflation even higher. In a note on Wednesday, UOB Global Economics and Market Research cautioned that the key takeaway is that "doing nothing or acting too slow" could sow seeds of more persistent and elevated inflation in the future, with more negative effects on demand and the economy. "Rate hikes would then also need to be sharper and more abrupt in that scenario. There may also be a need to act faster now in order to have sufficient policy buffers in preparation for the next recession (when it happens). A lagged policy response by BNM relative to peers … [Read more...] about Growing pressure on Bank Negara to hike rates faster

- A + A (June 23): Singapore’s key inflation gauge accelerated for a third month to the fastest in almost 14 years, bolstering the case for further monetary policy tightening and stronger action to buffer consumers from the drag of rising prices. The central bank’s closely watched core inflation print, which excludes private transport and accommodation, rose by 3.6% from a year ago in May, according to a joint statement on Thursday (June 23) from the Monetary Authority of Singapore (MAS) and the Ministry of Trade and Industry (MTI). That pace, the fastest since December 2008, matches the median estimate in a Bloomberg survey, and compares with 3.3% in April. The increase was due to inflation across food, services, retail goods and energy, they said in the statement. They also repeated a warning from last month that prices will pick up in the coming months before easing toward year end as external pressures recede, while flagging upside risk from geopolitical … [Read more...] about Singapore’s faster inflation adds pressure to tighten policy

INQ STOCK PHOTO A shortage in pork, fish and some vegetables expected by yearend would put upward pressure on prices, but the National Economic and Development Authority (Neda) sees supply being augmented by President Duterte’s order last month extending lower tariffs on various food and energy items. In a report, the state planning agency said supply of rice this year will reach 2.6 million metric tons or about 68 days worth of stock. This year’s chicken inventory, at 178,100 MT, will exceed national demand for 40 days. “Highland vegetables will also remain sufficient, with local production at about 1.1 million MT or 151 percent of local demand,” Neda said. However, lowland vegetables would face a slight shortage as this year’s production estimated at 1.7 million MT would be 5-percent short of demand. Meanwhile, pork supply was expected to incur a 128,400-MT deficit. “Faster increases in demand for fish are expected to result in a supply deficit. A corn supply deficit of … [Read more...] about Tight food supply by year-end to worsen inflation

Akio Toyoda - A + A TOKYO (June 24): Toyota Motor Corp's chief had lobbied the Japanese government to make clear it supported hybrid vehicles as much as battery electrics or face losing the auto industry's support, a senior lawmaker told a ruling party meeting. The lobbying by Akio Toyoda, president of Toyota and chairman of the Japan Automobile Manufacturers Association (JAMA) industry group, comes as the automaker faces increased scrutiny from green investors who said it has been slow to embrace battery-electric vehicles and pressed governments to slow a transition to them. Akira Amari, a former industry minister and a veteran member of the Liberal Democratic Party (LDP), requested changes to the government's annual economic policy road map at a June 3 meeting, saying he spoke with Toyoda a day earlier, according to notes and audio of the meeting reviewed by Reuters. The final version of the document included a reference to "so-called electric-powered … [Read more...] about After pressure from Toyota chief, Japan emphasises support for hybrid vehicles

Hemant Kumar Bhadoriya (name changed) was travelling in a chauffeur-driven sports utility vehicle on a Saturday afternoon in Kota, seemingly headed to Jaipur, where people typically go on weekend getaways. Unlike the others, though, Bhadoriya was not out on a leisure drive. Neither was he actually going to Jaipur. He was, in fact, just sitting in the car and talking about money. Crores of rupees. Bhadoriya is not a lawyer or an investment banker. Neither does he deal in illegal activities. He is a maths teacher at Kota’s top coaching centre and was negotiating with a potential employer, one of the country’s biggest edtech companies. The edtech startup had offered him a 40 percent hike on his existing salary of Rs 1.65 crore. “At first, I was shocked and a bit sceptical when I heard about the offer as every day we have been reading about how hundreds of employees were getting laid off by startups,” said Bhadoriya, 46. “But then it was for their offline classes and I have been … [Read more...] about Poaching and coaching in Kota: Race for $500 million education hub heats up

Take it from a former Stanford dean who's dealt with more than her fair share of bright-but-bumbling 20-somethings: Just reaching a particular birthday does not make you an adult . "I was seeing more and more [students] who seemed less and less capable of doing the stuff of life. They were incredibly accomplished in the transcript and GPA sense but less with their own selves, evidenced by how frequently they communicated with a parent," Julie Lythcott-Haims told the L.A. Times . That might be news to some overprotective parents, but it's probably blindingly obvious to lots of 20-somethings who have recently smacked into the reality that, thanks to their loving but sheltered upbringings, they're woefully underprepared for adulthood. So what should you do if you've realized you're far from having this whole adulting thing down pat? Read , suggest a bunch of folks who have recently been in your shoes. While there's sometimes no substitute for lived … [Read more...] about 7 Life Skills Every Adult Should Know (and 13 Books That Teach Them)

One of them, Rob Walton, just led a family group to bid $4.65 billion for the Denver Broncos NFL team. Here are the other heirs that rank the highest on Forbes’ list. A shock ran through the sporting world last week when a group led by Walmart heir Rob Walton won the bidding war for the Denver Broncos NFL team with a $4.65 billion offer . The eye-popping sum made the deal the most expensive sports team purchase in history and turned a spotlight on the man at the center of it all: the typically low-profile Walton. The eldest son of Walmart founder Sam Walton, he inherited his fortune and served as Walmart’s chairman for 23 years. Now worth $57.2 billion, he is the 15th richest person in America and the fifth richest U.S. heir. A handful of Rob Walton’s relatives are among America’s richest people as well. Founded in 1962 by Sam and his brother James “Bud” Walton, Walmart, the country’s largest retailer, is still about half owned by members of the family. Seven have … [Read more...] about They Inherited Billions Upon Billions: Meet America’s Richest Heirs

Share to Twitter Share to Linkedin As travel quickly rebounds from the COVID-19 pandemic, one of the strongest sectors has been active and adventure travel. Americans took up new outdoor activities such as cycling and hiking, which saw massive growth during the pandemic, and now they want to take that on the road. At the same time, many realized that life is unpredictable and having great travel experiences now, not “someday,” is important. The more “Bucket List” type trips, from safaris to epic hiking routes like the Tour du Mont Blanc, have also seen jumps in bookings. Many of the leading tour companies specializing in these kinds of trips are reporting record reservations, and travelers are booking big active and travel trips into late 2023, a year and a half out. Active and adventure travel is my favorite kind of travel, but these trips can be expensive and require advance commitment, so it is important to choose wisely. The knowledge and personalities of … [Read more...] about The Best Active Travel With A Woman’s Touch – Tourissimo Italy

In April, Ikea introduced vegan-friendly Veggie Balls alongside its beloved Swedish meatballs, a first step toward offering a wider selection of healthy, sustainable food. But if 2015 is the year of the Veggie Ball, what does the Ikea meatball of 2025, 2035, or even 2045 look like? advertisement advertisement According to Space10, Ikea’s independently-run innovation lab in downtown Copenhagen , it could be meatballs made of bugs, trash, artificial flesh, or something else entirely. Those are just some of the delectables on display in Tomorrow’s Meatball , a visual exploration of the future of food that uses Ikea’s iconic meatball as its mascot. Teaming up with chef Simon Perez in a project led by creative-in-residence [Bas van de Poel]( http://www.basvandepoel.com/ ), Space10 has a smorgasbord of eight different types of meatballs, each of which explores a different source of sustainable food. There’s the Artificial Meatball, a meatball grown … [Read more...] about The Ikea Meatball Reimagined 8 Different Ways

Share to Twitter Share to Linkedin Last year we had our first experience with Crystal Cruises. It was 12 days aboard the Crystal Mozart over Thanksgiving on the Danube visiting various Christmas markets. It was the line’s first river ship and is now one of four. We were hooked. It was everything we had heard about, and so while we went with high expectations, the friendly, anticipatory service, the modern but elegant design using high-quality materials and terrific food made us want more despite having an entry-level cabin category. It was almost hard to justify venturing off the boat, it was so nice and relaxing onboard. The two-story waterfall in the central reception area of Crystal Symphony adjacent to Crystal Cove, ... [+] one of more than a half-dozen bars and lounges aboard the vessel. Nicole Gurkin Neighbors of my parents used to annually do one of Crystal’s round-the-world journeys, and every time I would hear them rave about the … [Read more...] about First Look: Crystal’s Renovated Symphony Is A Perfectly Composed Luxury Resort That Floats