Basket Village USA Tue, 13 Sep 2022 16:31:40 +0000 en-US hourly 1 Basket Village USA 32 32 US CPI puts a rocket under the dollar Tue, 13 Sep 2022 15:49:55 +0000

youp until this afternoon’s US CPI figure, everything was going so well, with European markets initially picking up where they left off yesterday, trading at two-week highs, despite another sharp deterioration in the latest survey of German and European ZEW expectations for September, with both indicators falling further below their March 2020 pandemic lows.


The pessimism around German businesses is fueled by worries about the possibility of energy shortages, which is driving down orders, production and exports.

The initial weakness in the US dollar this week was fueled by the belief that the peak of inflation may be behind us. That may be true, and the current US CPI numbers don’t change that narrative, as we still saw a modest decline to 8.3%, but rising core prices mean inflation will probably be much more rigid than perhaps the markets had been. price, and helps explain this afternoon’s sharp reversal, as the DAX and FTSE100 both pulled back sharply.

This means that while the narrative of peak inflation may well still hold, bringing it down from these levels is likely to be a much tougher battle, requiring more aggressive rate hikes to continue in the months ahead. , starting with 75 basis points next week.

Judging by the negative market reaction today, that narrative was not the one being valued, with US 2-year yields hitting their highest levels since 2007, the surging US dollar and equity markets dropping their gains and suddenly slipping into negative territory.

It was another bad day for Consumer Discretionary, after the strong gains of the past few days, we saw further weakness today after the latest Kantor Grocery figures showed food inflation rising 12 .4% in August, adding up to £571 to the annual food bill.

With Ocado also warning that its fourth quarter numbers were likely to be hit by rising energy costs and dry ice, food retail stocks gave back some of yesterday’s gains, sending shares of Ocado down more than 10% on the day, while Tesco, Sainsbury’s and Marks & Spencer also fell.

British drinks company Fevertree saw its shares soar after the company reported a 14% rise in first-half revenue to £160.9m, although gross margins fell to 37.4 %, reducing gross profits by 4%. In July, the company warned that rising glass costs could impact its gross margins by as much as 670 basis points. Despite this, shares have rallied strongly, with the company maintaining its guidance for full-year revenue of £355-365m and EBITDA of £37.5-45m.


US markets were looking to open higher until the release of the latest CPI inflation figures showed that while inflation slowed in August to 8.3% from 8.5%, we saw an unexpected bigger than expected rise in the core CPI, from 5.9% to 6.3%. , which saw any positive opening potential wiped out in one fell swoop.

The sharp rise in underlying prices would seem to suggest that inflation is likely to be much more sticky in the coming months than markets originally hoped, adding to the risk that the Federal Reserve will not only be much more aggressive on rising rates, but keep those rates higher for longer.

It is certainly not a number that will satisfy Fed officials and it will simply serve to reinforce Powell’s message that the Fed will continue until there is clear evidence that inflation is on a trajectory. sustainable downward. This number doesn’t do that and helps explain the outsized reaction today in stocks, yields and the US dollar.

The resulting surge in US 2-year yields saw the Nasdaq 100 lead the way lower, led by companies like Meta Platforms, which are among the worst performers on both the Nasdaq 100 and S&P500.

Stocks exposed to Bitcoin are also crushed as the cryptocurrency falls back towards the $20,000 level, after hitting a 3-week high earlier in the day. Coinbase is lower, as are Riot Blockchain and MicroStrategy.


The pound had a strong start to the day, moving well above the 1.1700 zone after the latest payroll figures saw average earnings including bonuses rise 5.5% in July, while the unemployment rate fell to its lowest level since 1974 at 3.6%.

More disappointingly, the fall in unemployment also coincided with an increase in the number of long-term sick people, which reached 21.7% and a 6-year high. Vacancy rates nonetheless remained high, despite a modest decline from 34,000 to 1.3 million. So far so good, but the warmer-than-expected US CPI reading saw those sterling gains quickly tumble, as the US dollar rebounded in anticipation of a rate hike nearly nailed to 75 basis points next week, and then it’s a question of what comes after that?

The euro also fell sharply in the wake of this afternoon’s US inflation data as markets priced the near certainty of 75 basis points next week, with the prospect of more aggressive mores thereafter. .


Crude Oil prices fell sharply from their intraday highs on the heels of today’s US CPI data as the rebound in the US Dollar led to a sharp retreat towards the day’s lows.

The surge in the US Dollar and yields in the wake of today’s US CPI figures saw gold prices reverse sharply, dropping briefly below $1,700, after hitting their highs. high levels this month only yesterday.


The Euro has seen high levels of price action against many currencies with further gains seen at the start of the new week. These proved to be somewhat fleeting, however, with comments from the ECB reiterating that it would undertake expansionary fiscal policies in a bid to offset the rate hike ultimately. Against the greenback, the daily vol rose to 12.87% from 10.49% on the month, slightly more exaggerated levels were posted against the Canadian dollar of 11% from 8.36%, with the theme also repeated against the yen and the Swiss franc.

A big jump in soybean prices in the latter part of yesterday’s trade lifted action in the commodity. This follows the U.S. Department of Agriculture cutting crop estimates to significantly below analysts’ forecasts. Daily volatility rose to 49.22% against 32.23% over the month.

Crypto volatility remains elevated across the asset class, with Bitcoin extending its recent streak of gains. BTC/USD theft rose 55.69% for the day from 44.78% on the month, while the avalanche against the US Dollar printed 93.39% on the day and 76.52% on the month.

And finally, European banks had another strong day on Monday, with CMC’s proprietary basket for the sector breaking off mid-August highs and pricing in a return to levels not seen since the start of the summer. Daily volume here came in at 38.16%, just ahead of the monthly print of 37.12%.

Disclaimer: CMC Markets is an execution-only service provider. The material (whether or not expressing opinions) is provided for informational purposes only and does not take into account your personal circumstances or objectives. Nothing in this document is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically restricted from processing prior to providing such material, we do not seek to take advantage of the material prior to its dissemination.

Nokia appoints Amy Hanlon-Rodemich as Chief People Officer Tue, 13 Sep 2022 06:30:00 +0000

Nokia Company
Stock Exchange press release
September 13, 2022 at 9:30 a.m. EEST

Nokia appoints Amy Hanlon-Rodemich as Chief People Officer and member of the group management team

Espoo, Finland – Nokia today announced the appointment of Amy Hanlon-Rodemich as Chief People Officer and member of the Group Management Team, effective October 24, 2022.

Amy Hanlon-Rodemich joins Nokia from GlobalLogic, a leading digital product engineering company, where she is Chief People Officer. She is an experienced HR manager who has helped some of Silicon Valley’s biggest brands scale and grow, such as Yahoo and VMware. Prior to working at GlobalLogic, Amy was Vice President of Human Resources at Synopsys, a software company focused on design and verification software for the semiconductor industry. She also served as Executive Vice President of People at Milestone Technologies, an IT solutions company, where she was responsible for all aspects of human resources and talent acquisition.

“I am delighted to welcome Amy to the team. She has extensive experience working with technology companies – including areas critical to Nokia’s strategy such as software and cloud – to transform their talent attraction and retention programs. This will be invaluable to Nokia as we continue to grow and recruit. Additionally, Amy brings deep experience in using technology to transform HR functions to deliver unique and personalized employee experiences. His skills in this area will support and complement our business strategy as we strive to accelerate and expand our growth and continue to digitize our business,” said Pekka Lundmark, President and CEO of Nokia.

“Nokia has a strong brand and a rich history. I am very pleased to join us as the company enters the next phase of its strategy and expands its technology leadership in next-generation networks and digitally connected enterprises. Nokia is also currently digitizing many of its businesses and my team and I will join this effort in using digitization to create unique and creative experiences for our existing and new talent across all demographics,” commented Amy Hanlon-Rodemich.

Amy will split her time between North America and Finland and will report to Nokia President and CEO Pekka Lundmark.

Additional background information on all current members of the group leadership team can be found at:

About Amy Hanlon Rodemich

Born: 1972

Nationality: American national


  • Master in Human Resources and Organizational Development, University of San Francisco, USA, 2003
  • Bachelor of Arts in English, Tufts University, USA, 1994


GlobalLogic, a Hitachi Group Company, San Jose, CA, USA, 2019–

Synopsys, Inc., Sunnyvale, CA, USA, 2017-2019

  • Vice President, Human Resources

Milestone Technologies, Fremont, California, USA, 2016-2017

  • Executive Vice President, People Success

Yahoo, Sunnyvale, California, USA, 2013-2016

  • Global Head, HRAnswers
  • Director, People Team
  • Director, Yahoo University

VMware, Palo Alto, CA, USA, 2004–2013

  • Director, Global Talent Development Operations, Palo Alto, CA, USA
  • Director, Global HR Shared Services, Austin, Texas, USA
  • Senior Manager, Global HR Operations, Palo Alto, CA, USA
  • Senior HR Business Partner, Frimley, UK and Cork, Ireland
  • Senior HR Business Partner, Palo Alto, CA, USA

Technology Credit Union, San Jose, CA, USA, 2003–2004

  • Employee Relations Specialist

CAT Technology, Los Gatos, CA, USA, 2000–2003

Inktomi Corporation, Foster City, California, USA, 1996–2000

  • Manager, Staffing Programs

Additional positions:

  • Board Member, Exceptional Women Awardees Foundation, 2021–
  • Advisory Board Member, Topia, Inc.
  • Advisory Board Member, BrightPlan
  • Co-Chair and Board Member, CHRO Executive Summit (Evanta)
  • Board Member, Bay Area Executive Development Network, 2017–
  • Board Member, Silicon Valley Chapter of the American Red Cross, 2012-2015
  • Member of the Board of Directors and Communications Committee, Yahoo Employee Foundation, 2015-2016
  • CSHRP (California Strategic Human Resources Partnership)
  • NCHRA (Northern California Human Resources Association)
    • Former Peninsula Chapter President
    • 2004 Volunteer of the Year Award Recipient
  • Assistant Professor, Golden Gate University

About Nokia
At Nokia, we create technology that helps the world act together.

As a trusted partner for critical networks, we are committed to being at the forefront of innovation and technology across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by award-winning Nokia Bell Labs.

Adhering to the highest standards of integrity and safety, we help build the capabilities needed for a more productive, sustainable and inclusive world.


Maria Vaismaa, Global PR Manager

Investor Relations
Telephone: +358 40 803 4080

avant-garde statements
Certain statements here this are not historical facts are future-oriented statements. These future-oriented statements reflect nokia running expectations and views from the future developments and to understand statements As it concerns: A) expectations, plans, advantages Where outlook Related at our strategies, product spear, growth management, sustainability and other ESG targets, operational key performance indicators and the decisions on market exits ; B) expectations, projects or advantages Related to the future performance of our companies (including the expected the impact, timing and duration of COVID-19 on our companies, our supply chain and our clientscompanies) and any coming dividends and other profit distributions; C) expectations and targets As it concerns financial performance and results of operations, including market to share, pricesnet sales, Income, marginscash generationthe moment of receivablesOperating expensesprovisions, impairmentstaxes, currency exchange rate, cover, investment fundsinflation, product Cost discounts and competitiveness; D) aptitude at executeexpectations, plans or advantages Related to changes in organizational structure and operating model; summer) any statements preceded from where including “Carry on”, “to believe“, “commit”, “estimate”, “expect”, “objective“, “radiation”, “will be” Where similar phrases. These future-oriented statements are matter has a Number of risks and uncertainties, many of who are beyond our control, who could cause our real results at to differ materially of Phone statements. These statements are based on management better hypotheses and beliefs in the light of information currently available at their. These future-oriented statements are only predictions based on our running expectations and views from the future events and developments and are matter at risks and uncertainties this are hard at to predict because they or they To refer to events and depend on terms this will be occur in the future.

]]> Injection Molded Plastics Market to Grow at a CAGR of 5.5% Mon, 12 Sep 2022 17:30:00 +0000

Wilmington, Delaware, USA, September 12, 2022 (GLOBE NEWSWIRE) — Transparency Market Research Inc. – The global injection molded plastics market is expected to grow at a stable CAGR of 5.5% during the forecast period from 2019 to 2027. Rising disposable income, especially in BRICS countries, is creating opportunities for growth. substantial increases for various industries, including household goods, personal care and cosmetics, electronics and consumer goods. The growing applications of injection molded plastic products in these end-use vertical industries are expected to drive the expansion of the industry in the coming years.

The packaging industry dominates the global injection molded plastics market landscape in terms of demand. In addition, growing demand from consumer goods and electronics industries is also expected to complement the expansion of the global injection molded plastics market in the coming years. In addition to this, the steady expansion in the household goods industry is also expected to fuel the growth of the global injection molded plastics market in the coming years.

Request a sample report:

Injection Molded Plastics Market – Key Findings of the Report

  • Growing demand for polypropylene products: Due to their increased flexibility and light weight, plastic compounds made from polypropylene compounds are receiving the highest demand in the global injection molded plastics market. In addition, injection molded plastic products are also widely used in rapidly growing electronics and consumer goods industries, thereby driving the global injection molded plastics market.
  • Increased disposable income drives industry growth: The increase in disposable income of people in various regions complements the adoption of various plastic consumables. In addition, the trend favors the development of household goods and personal care industries. These trends are expected to support the growth of the global injection molded plastics market in the coming years.

Investigate Before Purchase:

Injection Molded Plastics Market – Growth Drivers

  • Growing demand for molded plastic compounds from a diverse set of end-use industry verticals, including medical devices, electronics, packaging, automotive and consumer goods, is propelling the expansion of the global market for injection molded plastics
  • The increasing use of molded plastic compounds in the personal care industry for the manufacture of several products, such as hair combs, laundry baskets, toothbrushes and waste buckets, is also having a positive effect on the development of industry.
  • The growing focus of industry leading manufacturers on developing new types of plastics that create minimal burden on the environment is also creating new avenues for expansion in the global injection molded plastics market.

Injection Molded Plastics Market – Key Players

Major companies in the global injection molded plastics market include Dow Chemicals, Lyondell Basell, Huntsman International, INEOS, BASF SE, DuPont, SABIC, and Exxon Mobil Corporation, among others. The players in the global injection molded plastics market are majorly focusing on the integration of automation in their production facilities to reduce the time and cost involved in their manufacturing. Additionally, several companies in the global injection molded plastics market are also focusing on the development of new plastic materials that reduce the burden on the environment.

Ask for references:

Injection Molded Plastics Market – Regional Growth Dynamics

Asia-Pacific dominated the global injection molded plastics market in 2018. This trend can be attributed to the increasing use of injection molded plastic products for flexible and rigid packaging in the region, and the use increasing use of plastic consumables in various household applications. In addition to this, rising demand from economies such as India and China is also positively influencing the growth of the Asia Pacific injection molded plastics market. This trend is further reinforced by the increasing disposable income of consumers in these economies, as well as the growing use of products in the global injection molded plastics market for the storage of petroleum, chemical and industrial liquids.

Injection Molded Plastics Market: Segmentation

Injection Molded Plastics Market, By Raw Material

  • Polypropylene
  • Acrylonitrile butadiene styrene (ABS)
  • High Density Polyethylene (HDPE)
  • Polystyrene
  • Others

Injection Molded Plastics Market, By Application

  • Packaging
  • Consumables & Electronics
  • Automotive and Transportation
  • Building construction
  • Others

Injection Molded Plastics Market, By Region

  • North America
  • Europe
    • Poland
    • Hungary
    • Czech Republic
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Thailand
    • Indonesia
  • Latin America
  • Middle East

Browse more Chemicals and Materials Market Reports by TMR:

Green Silica Market – Green Silica Market is expected to grow at a CAGR of 7.4% during the forecast period 2021-2031

Metal Powder Market – Metal Powder Market is expected to grow at a CAGR of 4.4% during the forecast period 2022-2031

Xanthan Gum Market – The xanthan gum market is expected to grow at a CAGR of 5.9% during the forecast period 2022-2031

PET Foam Market – The PET Foam Market is expected to grow at a CAGR of 7.1% during the forecast period 2022-2031

Manganese Alloys Market – The manganese alloys market is expected to grow at a CAGR of 5.9% during the forecast period 2022-2031

Optical Brighteners Market – Optical Brighteners Market is expected to grow at a CAGR of 4.9% during the forecast period 2022-2031

Foam Trays Market – Foam Trays Market is expected to grow at a CAGR of 3.2% during the forecast period 2022-2031

Bio-Based Platform Chemicals Market – The Bio-Based Platform Chemicals Market is expected to grow at a CAGR of 11.9% during the forecast period 2022-2031

About Transparency Market Research

Transparency Market Research, a global market research firm registered in Wilmington, Delaware, USA, provides personalized research and advisory services. The company examines the factors that shape demand dynamics in various markets. Market insights and insights assess opportunities in various segments. Opportunities in segments based on source, application, demographics, sales channel, and end-use are analyzed which will determine the growth of the markets over the next decade.

Our proprietary blend of quantitative forecasting and trend analysis delivers forward-looking insights to thousands of decision makers, made possible by experienced teams of analysts, researchers and consultants. Proprietary data sources and the various tools and techniques we use always reflect the latest trends and information. With a broad research and analytical capability, Transparency Market Research uses rigorous primary and secondary research techniques in all of its trade reports.

For more information on advanced industries research, visit our YouTube channel –

Contact us:

Rohit Bhisey
Transparency Market Research Inc.
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453

]]> Majesty & mystery: Queen Elizabeth II, as imagined – from the sobriety of royal art to the rage of punk music Mon, 12 Sep 2022 03:00:00 +0000 In the spring of 2012, portrait painter Ralph Heimans stood on the Cosmati pavement of Westminster Abbey awaiting the subject of his latest commission, Queen Elizabeth II. When she approached, he said, it was an extraordinary moment.

“She was wearing her robe of state, with four footmen holding her, and as she walked down the long hall it was a very theatrical entrance,” Heimans said shortly after learning the queen had died on Thursday. at 96 years old.

After spending an hour with the Queen ‘discussing the fine points’, he came away with ‘a sense of her thinking, almost a sense of shyness, an introspective quality’. In his oil painting, which hangs in Westminster, he drew her as a solitary, even brooding figure, her eyes downcast, with the vastness of Westminster behind her like a weight of past – and present.

“I wanted to show her in that private moment, with some seriousness about her,” he says.

Over the past 70 years, authors, filmmakers, playwrights, songwriters and painters have reacted to the Queen as a symbol and a human being, whether commenting on the heights of her position or attempting to unravel the inner life of a woman who rarely spoke in public and avoided personal revelations. The dual quality of majesty and mystery found her imagined in settings ranging from the sobriety of royal art to the rage of punk music to the varied characterizations of film and television.

Back to recommendation stories

“I think because she was a constant presence that didn’t say much, it allowed people to project themselves onto her in different ways,” says Elizabeth Holmes, whose “HRH: So Many Thoughts on Royal Style” has was released in 2020.” Also, you can make people look like the queen very easily. You can take that as a starting point and run.

In film, the Queen has been fictionalized in everything from the Oscar-winning portrayal of Helen Mirren in “The Queen” to the wacky films “Naked Gun” and the dark “Spencer,” starring Kristen Stewart as Princess Diana and Stella Gonet as Elizabeth. But she was dramatized most fully in the Emmy-winning Netflix series ‘The Crown’, which follows her life from the start of her reign until recent times – and which was put on hold on Friday after her death.

When played by Claire Foy as a young and glamorous monarch, she is seen as finding her way through her new life, trying to maintain a happy relationship with her husband, Prince Philip. while approaching his royal duties with the sobriety of someone older. Olivia Colman takes over as Elizabeth ages and becomes more mature, prickly and flawed, initially failing to travel to the scene of a devastating mining tragedy in Wales and comfort the townspeople, and showing herself unsympathetic to Diana’s problems with her son, Prince Charles.

“I emote. The Queen isn’t supposed to,” Colman told Vanity Fair in 2018. “She has to be a rock to everyone, and was trained not to (emote).”

The Queen herself hasn’t commented on works about her or always seems on top of cultural trends: Greeting Led Zeppelin guitarist Jimmy Page at a palace reception in 2005, she seemed unsure who he was and what instrument he played. But she felt her place in the world and had enough sense to appear with Daniel Craig, as James Bond, for a video of the 2012 Olympics, and enough good humor to allow herself to be photographed as parachuting from a helicopter with him (the former was really her, the latter a stuntman).

Fiction writers liked to take the queen on unusual adventures. In Emma Tennant’s “The Queen’s Autobiography”, the monarch flees to Saint Lucia in the Caribbean. SJ Bennett worked from the premise “What if the Queen Solves Crimes?” by writing the detective novels “The Windsor Knot” and “A Three Dog Problem”.

“She had such a unique perspective on the world. She was always looking out when everyone was looking at her, so she must see a lot of things that we don’t see,” said Bennett, the daughter of a veteran. who had met the queen, told
The Associated Press.

Life in pictures: For 7 decades, Queen Elizabeth II balanced family and monarchy

Life in pictures: For 7 decades, Queen Elizabeth II balanced family and monarchy

Here’s a look at the life of Queen Elizabeth II who served more than seven decades on the throne.

“It was his character that fascinated me, not his position as a symbol,” she added. “She was intelligent, often underestimated because she was not traditionally educated, and endlessly curious about people. In the books, I see her eagerly gazing out of the windows of Buckingham Palace while being painted for a portrait, to see what was happening on the outside. , because that’s what she really did. She had a very wry sense of humor and a huge instinct to have fun, but also an instinct almost supernatural for diplomacy and a world-class sense of duty.

Musicians paid tribute to her, condemned her and invoked her name for a giggle.

For punk and New Wave artists, she was a monument to be knocked down. The Smiths’ ‘The Queen Is Dead’ pokes fun at the Royal Family and the ruling succession: “I say, Charles, don’t you ever fancy/appearing on the cover of the Daily Mail/dressed in the wedding veil of your mother?” The Sex Pistols helped define the punk movement in 1976 with “God Save the Queen”, in which Johnny Rotten (now Lydon) declares “No future” as he scolding some of the most scathing and nihilistic lyrics ever in topped the UK charts:

God Save the Queen
The fascist regime
They made you a moron
A potential H-bomb
God Save the Queen
She’s not a human…

The songwriters also responded with affection. Duke Ellington met her in the late 1950s and found her “so inspiring” that he soon collaborated with Billy Strayhorn on the pensive “The Queen’s Suite”, for which he arranged a single gold pressing just for her. In the late 1960s, Paul McCartney rushed the 23-second acoustic “Her Majesty”, with its cheeky chorus, “Her Majesty’s a pretty nice girl/But she doesn’t have big to say”, and the Beatles adopted it. to the end of “Abbey Road”.

As he explained in ‘Paul McCartney: The Lyrics,’ released in 2021, he wrote the song in part because the Queen really hasn’t made many public statements, beyond her annual Christmas speech. and the opening of Parliament. McCartney would meet the Queen several times, as a Beatle and a solo performer, and even play the song for her. But, he reiterated in his book, “She didn’t have much to say.”

Beyond the Palace, Prince Charles is a flying geek, a big Shakespeare fan

Beyond the Palace, Prince Charles is a flying geek, a big Shakespeare fan

After the death of Queen Elizabeth II at the age of 96, Prince Charles is about to take the throne. Here’s what you need to know about the UK’s new king.

]]> I will stabilize the naira – SDP presidential candidate Sun, 11 Sep 2022 19:28:30 +0000

Social Democratic Party presidential candidate Adewole Adebayo has said the naira will become a stable currency if he is elected Nigeria’s president in 2023.

He said he would not promise that the naira would become equal to the dollar but would ensure that the value of the country’s currency stopped declining.

He said so on Sunday at the inauguration of his campaign office in Ibadan.

The SDP candidate said that the president, Major General Muhammadu Buhari (Retired), would not be rated by him as the president was virtually absent in all key sectors.

He said: “The SDP will not make any promises at the start of the campaign, but plans. Please take note of the start of the campaign. Just as it was done in the days of Awolowo. We will give you plans with timelines, costs, goals and the people who will implement them.

“We are going to have a stable currency. I am not saying that a naira will become a dollar. No. We will keep the same exchange rate during our term and bring inflation down to single digits.

“I will note that the current government led by General Muhamadu Buhari is absent because they are not showing up for the exam at all. If you have a generator now, it shows that the government has failed in electricity. If your child is an undergrad and is at home, that means the government hasn’t played.

“If you count on (Sunday) Igboho and others to help drive out the bandits, it shows that the government has not played. If you are unemployed or retired and your money has not been paid to you, it means that the government has not played its part.

“It’s not like they’ve performed badly, but they’re not there at all. We’re going to put in place a real government that knows how to deliver services. We’re going to put a round peg in a round hole.”

Adebayo added that he would run the country efficiently by implementing programs mandated by the constitution.

He said he would do everything to banish the poverty and insecurity that continued to ravage all regions of the country.

“Insecurity, sabotage of the economy, high unemployment and inflation, poor budget management and disunity are the problems we face today. What I will do differently is implement the program that is constitutionally mandated in Chapter 2 of our constitution.

“Basically, the implementation of state policy and the implementation of Social Democratic Party policy from which we have drawn two things, including farewell to poverty and security.

“We are also going to make sure that our policy is not a money bag policy so that we can create diverse people who are talented people who will come from different parts of the country.

“We are going to have a united front of the country with social investments in education, sanitary housing, food production, employment and general infrastructure. These are things that we are going to do differently.

As Small Businesses Raise Prices, Some Customers Push Back Sun, 11 Sep 2022 14:41:14 +0000

NEW YORK — Inflation doesn’t just cost small businesses money. It also costs them customers.

At the Bushwick Grind Cafe in Brooklyn, New York, Kymme Williams-Davis raised prices and switched to different types of products to cope with rising costs for milk, coffee, paper and plastic items, as well as to shortages of items such as paper cups and plastic lids. It hasn’t experienced anything like it since it opened in 2015.

Williams-Davis says she’s lost nearly half of her repeat customers. Some have traded and are buying coffee for $1 at McDonald’s or the bodega either side of the cafe instead of paying the $3 she charges.

“If (customers) can get it for a buck for not-so-noticeable difference, they’re going next.”

A customer who had been coming for years stopped by to tell Williams-Davis that he had bought himself a coffee maker.

“He said I’m going to start making coffee at home, I need a budget so I won’t come here every day,” she said. “I feel like I was part of a farewell campaign.”

Inflation rose at nearly the fastest rate in 40 years, driven by strong consumer spending and higher costs for food, rent, medical care and other necessities.

On Tuesday, the government is expected to report that price increases slowed in August from a year ago, largely due to a steady decline in the cost of gasoline. The prices of other items, especially food, are expected to continue to rise rapidly. Overall, economists forecast consumer prices rose 8.1% in August from a year ago, compared with 8.5% in July, according to data provider FactSet.

For much of the pandemic, small business customers largely tolerated price hikes and continued to spend. But now owners say they see some pushback.

Ninety-seven percent of small business owners say inflationary pressure is the same or worse than three months ago, according to a survey of more than 1,500 small businesses by Goldman Sachs 10,000 Small Businesses. Sixty-five percent raised prices to offset rising costs. And 38% say they have seen a drop in customer demand due to rising prices.

Nicole Miskelley, who runs PMR, an auto and diesel repair shop in Marion, Illinois, said she’s seen customers delay repairs that aren’t urgent, such as scheduled maintenance or buying new tires. .

At the start of the year, Miskelley’s labor costs increased by 12% and the cost of towing cars to the shop increased due to rising gas prices. Parts are also more expensive. Last year an air conditioner processor would cost her $200, but this year she can’t find one for less than $400. She therefore had to increase her average price for a repair by 30 to 40%.

His customers noticed.

“Usually I’m able to joke about how drastically different things are now and most agree with me,” she said. “On occasion, I face pushbacks,” including the rare outburst of shouting or swearing by a customer.

“Among many of my older clients, who have limited incomes like Social Security, they say they have to cut back,” she said. “They say, ‘I know I need those tires, but I have to do a few extra (Social Security) laps to save. “”

She says she is a little worried but hopes people can adjust to inflation.

“Right now it kind of sucks because the costs have been rising faster than I could catch up. Over time, I hope people will budget better and their incomes will change to reflect the economy.

The decline is more pronounced among consumers with lower discretionary income. Walmart says its customers, who typically have lower incomes, spend more on food and less on other items. Small business owners see the same thing.

Kim Shanahan operates the online store Gifts Fulfilled in Berlin, Maryland, which sells gift baskets and care packages and employs people with disabilities.

“Last year was tough to say the least,” she said. “All prices at all levels have gone up.” Everything from the cardboard, the containers and the food she includes in the baskets has become more expensive.

She implemented a 5% raise to cover some costs. After raising the price of her most popular wellness gift basket called “One Tough Cookie” from $27.50 to $28.95, sales went down, she said.

Cheaper baskets, like those with gifts and candies that sell for $25 and under, have been hit the hardest, with unit sales down about 50% in 2022 from a year ago. “The whole market segment is gone for us,” she said.

“We are a ‘want-to-‘ not ‘must-‘have an item in our main categories,” Shanahan said. “What we kind of see is people buying maybe a $50 gift that drops to $35. And all the lower tier don’t even buy at all, they don’t have the discretionary funds. »

Schuyler Northstrom of Uinta Mattress, a mattress maker in Salt Lake City, Utah, says it’s raised prices 15% since 2020. A mattress that used to sell for $289 wholesale now costs $330.

The increase does not fully cover Uinta’s higher costs. Raw materials such as springs and foam increased by 40%. But Northstrom worries that a price increase could cause its customers to drop it.

“Retail reaction is quite strong there,” he said. Its business partners include mattress stores John Paras and 2Brothers Mattress, both located in Utah. “Sometimes we get replaced by some of the bigger guys with a lower cost product because of their volume.”

To adapt, Northstrom is redesigning the mattress to cut costs and make less profit, which isn’t sustainable in the long term, he said. It also focuses more on the higher end, mattresses that cost up to $1,200, which haven’t been hit as hard.

“We feel it, we’re not a necessary purchase, people are buying food and gas,” he said.


AP Business Writer Christopher Rugaber in Washington contributed to this report.

We will have to ration our energy consumption this winter Sun, 11 Sep 2022 05:00:00 +0000

These measures, which include the temporary removal of green levies from household fuel bills, are expected to begin in early October. Officials insist, for now at least, that the timetable remains in place, despite this period of national mourning.

Existing energy grants of £400 to all households and £650 additional support to some more vulnerable households will continue under these proposals. During his statement to the Commons, Truss also indicated that this “price freeze” would last for two years.

The companies, however, despite being in line for what she called “equivalent support” – with capped unit costs – will only get guaranteed support for six months. After that, help will be offered on a case-by-case basis, which is likely to be contentious.

There is already a windfall tax on energy companies – the big companies that extract oil and gas, as opposed to the often cash-strapped energy suppliers.

While “upstream” energy giants have made substantial profits, many “downstream” suppliers in contact with customers, facing high wholesale prices but a cap on what they can charge, went bankrupt.

Since May, oil and gas producers operating in the UK have been subject to an additional 25% tax on energy profits, with many paying a 65% tax – albeit with generous relief if the profits are reinvested in additional capacity.

Truss rightly dismissed Labour’s claim that ‘UK operators have made £170bn in excess profits, which could more than pay for this whole energy package’.

This figure represents the total worldwide profits of all companies with even tenuous ties to the UK energy industry. That said, ministers are not completely ruling out additional levies on North Sea operators.

Indeed, no one knows how much this energy package will cost. If wholesale prices rise more than expected, it becomes more expensive to deliver the advertised price cap to households and businesses. The bill could ultimately spiral out of control.

That said, if wholesale prices continue to drop significantly, as they have over the past fortnight, this package will cost significantly less.

What is clear is that UK energy policy will become much more stubborn – with Truss lifting a ban on fracking and suspending taxes on renewable households. We will hear much more about new nuclear capabilities as energy security comes to the fore.

What we will also see, however, is self-imposed energy rationing as businesses limit their operations and households try to use less. This energy support program can prevent widespread misery and bankruptcy.

But that won’t save us from exorbitant bills this winter and serious energy cuts.

Follow Liam on Twitter @liamhalligan

Heaps of cash found in Kolkata business during raid counting machines busy Sat, 10 Sep 2022 15:48:00 +0000

The case stems from a Kolkata Police First Information Report, or FIR, filed against the company


A search operation by the Directorate of Law Enforcement (ED) has recovered at least Rs 17 crore from the premises of a businessman in Kolkata. The AML agency raided six locations in Kolkata, including one in the Garden Reach area, where ED brought in cash counting machines to count the amount recovered.

The search began this morning and cash counts are still ongoing at the premises of Aamir Khan, who ED officials say is not cooperating with the agency. The ED had undertaken the investigation into mobile gaming app fraud based on a case registered by the Kolkata Police.

The raid visuals show stacks of banknotes mostly in the Rs 500 denomination. There are also Rs 2,000 and Rs 200 notes.

The polling agency said the raids are linked to a mobile gambling app, which tricked people and the money recovered is what the accused hoarded after tricking the public.

The gambling app called “E-Nuggets” is promoted by the accused, Aamir Khan, the investigative agency said in a statement.

The case stems from a first information report, or FIR, by Kolkata Police filed against the company and its promoters in February 2021.

Agency officials were accompanied by Central Forces personnel to ensure law and order during the raids. Bank officials also accompanied ED staff.

The agency is investigating whether this app and its operators had ties to other “Chinese-controlled” apps that had granted loans at exorbitant rates and trapped people in a debt trap.

How Elon Musk’s Deflation Warning Will Affect Crypto Sat, 10 Sep 2022 13:46:49 +0000

Tesla CEO and billionaire Elon Musk has a chilling warning for the US economy. Musk thinks the economy is headed for deflation in light of the Fed’s hawkish stance against inflation. Elon Musk’s warning, if true, will not be good news for the crypto market

He thinks another major interest rate hike from the Fed is likely to cause deflation. The Federal Reserve will announce the next interest rate hike decision on September 21 at the FOMC meeting.

The Federal Open Market Committee or FOMC is the Fed’s monetary policy governing body. It is responsible for controlling the money supply of the US economy.

How Deflation Affects the Stock Market

Deflation is an economic phenomenon where the price of goods and services decreases compared to before. Large economies like the United States analyze price change in the economy by comparing the prices of a “basket of goods and services” over a period of time. The Consumer Price Index, released by the US Bureau of Labor Statistics, is an important index to measure this.

Deflation occurs when supply exceeds demand. This can happen due to high productivity, lower demand, or shrinking money supply in the economy. In the short term, deflation is good news for consumers as commodity prices fall. Moreover, the purchasing power of money also increases.

However, over a long period the economy can contract due to deflation. Economists believe that deflation can be more dangerous than inflation. The Fed can easily control inflation through quantitative tightening. However, curbing deflation through quantitative easing is not easy.

The increased value of the dollar creates a liquidity trap. Investors are hesitant to invest in stocks and other risky assets because cash is the best investment during such a period.

How Elon Musk’s Warning Will Affect Crypto

The crypto market is highly correlated to the general market, especially to technology stocks. It is also a much riskier asset. If Elon Musk’s deflation warning holds, the crypto market may experience a major liquidity crunch.

Nidhish is a technology enthusiast, whose goal is to find elegant technical solutions to solve some of society’s biggest problems. He is a firm believer in decentralization and wants to work towards the widespread adoption of Blockchain. He is also passionate about almost every popular sport and likes to converse on a wide variety of topics.

The content presented may include the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. The author or publication assumes no responsibility for your personal financial loss.

Fall Decorating Ideas for Your Airbnb Home in the Hudson Valley and Catskills Sat, 10 Sep 2022 00:10:57 +0000

The fall foliage season is about to bring thousands of visitors from around the world to our beautiful region to watch the leaves change color and be amazed and inspired for months to come. To help you get the most out of your Airbnb listing, Dino Alexander de l’Alluvion Vacations shares some of her best fall outdoor decorating ideas that will make your Airbnb home stand out from the crowd and get you the most bookings this fall in the Hudson Valley and Catskills. Read on for inspiration for decorating your Airbnb home and once you’re done, check out the Airbnb Seasonal Photography Package from Alluvion Media who can help you update your listing with great seasonal photos in less than 48 hours!

Fall decorating ideas for your Airbnb House in the Hudson Valley – by Holidays at Dino Alexander, AlluviumsThe Hudson Valley’s Best Vacation Rental Management Agency

Top 5 Fall Decorating Ideas That Add Warmth

  1. Add pops of fall colors like yellow, orange or rust inside and outside your home using dried plants, pillows and vases/pots.
  2. Add a vertical element to dark spaces and hallways to give them more depth. A vertical bunch of dried shrub branches can do the trick.
  3. Plant pumpkins around the house! Place one on either side of the front door or place several in your driveway. As always when it comes to decorating hospitality experiences like Airbnb homes, never use perishable items or live plants and stick with the safe but beautiful faux options.
  4. Decorate with an indoor chandelier outdoors by stringing it between two tall trees and letting it hang over your property, creating an elegant look and feel to welcome guests arriving at night!
Fall decorating ideas for your Airbnb home in the Hudson Valley – by Holidays at Dino Alexander, AlluviumsThe Hudson Valley’s Best Vacation Rental Management Agency

Decorations that reveal the beauty of nature this season

Beautiful, lush greenery and vibrant fall foliage make the Hudson Valley a truly stunning place to explore year-round. To set the perfect scene and showcase the natural beauty of this area, follow these simple tips.

  • Use inexpensive materials like burlap or vine wreaths, pumpkins, gourds, corn stalks and straw bales.
  • Mix in colorful flowers like chrysanthemums, pansies or marigolds. Add a few candles in small glass votives (or battery-operated tealights). You can also use hurricane lamps with small white candles to create an intimate atmosphere. Place them throughout the house so they can be seen through large windows and doorways at night.
  • Add fall-themed metal window stickers that say Welcome and Home Sweet Home to welcome guests.
  • Hang oversized signs that read Happy Fall or pumpkin stencils on the walls.
  • Place hay bales in front of your front door as decoration or leave trees by the driveway as a friendly welcome mat.
  • Consider adding a welcome gift such as a basket of fresh fruit for each booking.

Fall Decorating Ideas for Your Airbnb Home in the Hudson Valley - by Dino Alexander, Alluvion Vacations - The Hudson Valley's Best Vacation Rental Management Agency
Fall decorating ideas for your Airbnb home in the Hudson Valley – by Holidays at Dino Alexander, AlluviumsThe Hudson Valley’s Best Vacation Rental Management Agency

Budget-friendly fall decorations

– Stock up on front and back fall decorations like pumpkins, faux fruit trees, urns and heaps of leaves.
– String paper garlands in the main entrance and on a banister or mantelpiece.
– Fall cushions are a great way to turn any chair or sofa into a cozy place to read and relax.
– For outdoor decks or patios, fill hanging baskets with dry flower arrangements that will give off a pleasant fragrance. Use pieces of wood covered with moss as a base.
– Fill an outdoor table with all kinds of dried items, like gourds, leaves, and small stalks of corn. Add a range of candles of different colors and sizes around the table to create ambiance.
– Throw a few blankets on the ground outside and light some votives for the perfect outdoor picnic spot!
– Bring branches indoors near window sills to make them more inviting during this time of year.

Fall Decorating Ideas for Your Airbnb Home in the Hudson Valley - by Dino Alexander, Alluvion Vacations - The Hudson Valley's Best Vacation Rental Management Agency
Fall decorating ideas for your Airbnb home in the Hudson Valley – by Holidays at Dino Alexander, AlluviumsThe Hudson Valley’s Best Vacation Rental Management Agency

Easy decorations you can make yourself

Before the leaves start to fall, stock up on seasonal supplies like pumpkins, gourds, and bales of hay. Hang a cluster of multicolored wreaths on the front and back doors. Place a decorative oversized burlap or chevron banner over the door or over an open window. Line the porch with strings of hanging orange lights that have been strung together with clear fishing line. Create your own Halloween scene by setting up fake cobwebs, plastic spiders and tiny bats. Add fake cobwebs on the trees around the house to make it look like you’ve lived there all year round!

Fall Decorating Ideas for Your Airbnb Home in the Hudson Valley - by Dino Alexander, Alluvion Vacations - The Hudson Valley's Best Vacation Rental Management Agency
Fall decorating ideas for your Airbnb home in the Hudson Valley – by Holidays at Dino Alexander, AlluviumsThe Hudson Valley’s Best Vacation Rental Management Agency

Looking for a relaxing vacation home without the hustle and bustle? We have what you need.

As seasoned professionals in the real estate, hospitality and vacation rental industry, we know exactly what it takes to make your vacation property in the Hudson Valley or area of Catskill a success. Let us take care of the details so you can just have fun while generating extra income from your vacation home.

Why? Because we want you to come back to your vacation home and enjoy your vacation instead of dealing with property management and the Airbnb business hustle all by yourself! That’s why our goal is to make your experience of renting your home on Airbnb as seamless as possible by providing attentive and prompt customer service, world-class marketing, and top-notch hotel management. From interior design, hospitality amenities, booking to check-in, and every point in between, let us take care of everything, so all you have to do is come back and enjoy your home. vacation and relax.

Call us at 845-518-2750 or learn more at

Fall Decorating Ideas for Your Airbnb Home in the Hudson Valley - by Dino Alexander, Alluvion Vacations - The Hudson Valley's Best Vacation Rental Management Agency
Fall decorating ideas for your Airbnb home in the Hudson Valley – by Holidays at Dino Alexander, AlluviumsThe Hudson Valley’s Best Vacation Rental Management Agency