Domestic Content Protection – Intersindical RTVV http://www.intersindicalrtvv.com/ Wed, 05 Jan 2022 10:38:50 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://www.intersindicalrtvv.com/wp-content/uploads/2021/03/intersindicalrtvv-icon-70x70.png Domestic Content Protection – Intersindical RTVV http://www.intersindicalrtvv.com/ 32 32 China says apps that influence public opinion require security review https://www.intersindicalrtvv.com/china-says-apps-that-influence-public-opinion-require-security-review/ Wed, 05 Jan 2022 07:29:18 +0000 https://www.intersindicalrtvv.com/china-says-apps-that-influence-public-opinion-require-security-review/

The Cyberspace Administration of China has released draft regulations governing the operation of mobile applications. App providers should not use their software to engage in activities that endanger national security or disrupt social order, according to the rules.

Qi Yang | instant | Getty Images

China’s cyberspace regulator said on Wednesday that developers launching apps capable of influencing public opinion should undergo a security review.

This decision marks another step for Beijing to control and monitor information on the already heavily censored Internet in China.

It is not clear what regulators see as functions or technologies that can influence public opinion.

The latest rules are part of a draft regulation released on Wednesday by the increasingly powerful Cyberspace Administration of China (CAC), which seeks to set a framework for how app makers operate.

App providers should not use their software to engage in activities that endanger national security or disrupt social order, according to the rules.

Any news application must also obtain a license, which is subject to review by regulators, the CAC said. The news landscape in China is largely state-supported and already heavily censored.

Over the past year, China has stepped up regulation of its domestic tech sector in areas ranging from antitrust to cybersecurity.

The new ACC document brings together old laws and regulations into one set of rules, although most are not new.

For example, app makers need to have strong data protection in place. China had already passed a landmark personal data protection law last year.

Users must also register for the app using their real identities, according to Wednesday’s draft rules. This is something that has been happening for some time in China, where real identity is tied to state-issued ID cards and cell phone numbers.

The cyberspace regulator has said the rules are open for public comment and will go into effect this year, but no exact date has been given.

Disclaimer! NewsConcerns is an automatic aggregator of all media in the world. In each content, the hyperlink to the main source is specified. All trademarks are the property of their rightful owners, all documents are the property of their authors. If you are the content owner and do not want us to publish your materials, please contact us by email – [email protected]. Content will be removed within 24 hours.
Source link

]]>
Chief ALJ Bullock Allows Motion for Summary Determination of Section 337 Violation in Certain Container Opening Devices and Methods (337-TA-1255) – Intellectual Property https://www.intersindicalrtvv.com/chief-alj-bullock-allows-motion-for-summary-determination-of-section-337-violation-in-certain-container-opening-devices-and-methods-337-ta-1255-intellectual-property/ Fri, 31 Dec 2021 01:24:40 +0000 https://www.intersindicalrtvv.com/chief-alj-bullock-allows-motion-for-summary-determination-of-section-337-violation-in-certain-container-opening-devices-and-methods-337-ta-1255-intellectual-property/

United States: Chief ALJ Bullock Grants Motion for Summary Determination of Section 337 Violation in Certain Container Opening Devices and Methods (337-TA-1255)

To print this article, simply register or connect to Mondaq.com.

On December 27, 2021, ALJ Chief Charles E. Bullock released the public version of Order 11 granting complainant Draft Top, LLC (“Draft Top”) the motion for a summary determination of violation of the Act. Section 337 by respondents KKS Enterprises Co., Ltd. . (“KKS”); Kingskong Enterprises Co., Ltd. (“Kingskong”); Du Zuojun; WN Shipping USA, Inc. (“WN Shipping”); Shujé Wei; Express Cargo Forwarded, Ltd. (“Express Cargo”); and Hou Wenzheng (collectively, the “Defaulting Respondents”) in Certain apparatus and methods of opening containers (Inv. N ° 337-TA-1255).

For your information, this investigation is based on a complaint filed on January 28, 2021 by Draft Top, alleging that nine entities are illegally importing / selling certain devices and methods of opening containers that are intentionally and deliberately designed for use, and are used, in a manner which violates claim 12 of U.S. Patent No. 10,519,016 (“the ‘016 patent”). The offending products are can openers designed to be used for the purpose of creating an open beverage container by removing the can lid. See our article from March 16, 2021 for more details regarding the complaint and notice of investigation. The respondents Tofba International, Inc. and Mintiml were excluded from the investigation based on the withdrawal of the allegations from the complaint, and only the defaulting respondents remained in the investigation.

According to the order, Chief ALJ Bullock found no real factual issues regarding the importation of the accused products, the violation of claim 12 of the ‘016 patent by the accused products, and the satisfaction of Draft Top on the technical and economic side. of the requirement of the national industry. In addition, no party has challenged the validity of the ‘016 patent. Accordingly, Chief ALJ allowed Draft Top’s motion for a summary determination of a Section 337 violation by the Defaulting Respondents.

Further, Chief ALJ Bullock recommended the issuance of a General Exclusion Order (“GEO”) based on his findings that a GEO is necessary to prevent circumvention of limited exclusion orders, which there is a widespread pattern of unauthorized use and it has been difficult to identify the seller and importer of the offending products. Finally, the ALJ leader recommended a deposit value of 100% due to the lack of information available on prices and royalty rates.

The content of this article is intended to provide a general guide on the subject. Specialist advice should be sought regarding your particular situation.

POPULAR ARTICLES ON: United States Intellectual Property

Trademark Comparison Guide

Obhan & Associates

Trademark comparison guide for the jurisdiction of India, see our comparison guides section to compare multiple countries

Prosecute a foreign patent infringer

Wolf, Greenfield & Sacks, PC

A foreign company sees your success in the US market and copies your product, thereby violating your US patent. How to get them to stop?

Source link

]]>
Rising cost of doing business in China pushes some companies to quit https://www.intersindicalrtvv.com/rising-cost-of-doing-business-in-china-pushes-some-companies-to-quit/ Mon, 27 Dec 2021 13:46:30 +0000 https://www.intersindicalrtvv.com/rising-cost-of-doing-business-in-china-pushes-some-companies-to-quit/

A new data protection law is changing the math for doing business in China, with foreign and domestic companies scrambling to comply, and some companies, including LinkedIn and Yahoo, are choosing to leave.

China’s personal information protection law, implemented this month, is the latest factor adding to a difficult political environment for companies operating in the country and changing the cost-benefit analysis. While the untapped business potential of 1.4 billion consumers was once an irresistible draw, that is changing more and more.

James Zimmerman, a Beijing-based US lawyer, said the Chinese market has become “less and less acceptable to Western companies” because of the “reputational risks of operating in an environment with extreme censorship of content and media. stricter regulatory conditions “.

The trade war brought politics much more into U.S.-China affairs, with Beijing and Washington applying tariffs and consumer product boycotts in their struggle for power. Nationally, Beijing has launched a populist campaign against big business, making the market less profitable for many companies under new, stricter regulations.

Microsoft will shut down the LinkedIn service in China after being criticized for censorship of posts. as genocide; silence protestors in Hong Kong with the use of force and imprisonment; and, most recently, the disappearance of tennis star Peng Shuai after accusing a former senior official of sexual assault.

Women’s Tennis Association president Steve Simon said last week the organization was ready to cease operations in China, which could result in a loss of hundreds of millions of dollars if Chinese authorities fail to properly investigate on Peng’s allegations.

On November 2, the same day the allegations surfaced on Peng’s verified social media account, Yahoo announced that it was withdrawing from the Chinese market due to “the increasingly difficult business and legal environment.” Days earlier, LinkedIn also cited a much more difficult operating environment in its decision to shut down the Chinese version of its networking site, although it said it would keep a simple job board. in China without social feed or possibility to share articles.

Yahoo had scaled back its operations in China for years, facing a decline in business in the country due to censorship and competition from local players. In 2007, the company came under heavy criticism in the United States for providing Beijing authorities with emails from two Chinese political dissidents, which served as evidence in their prosecution; they were then imprisoned. Yahoo closed its China messaging service in 2013 and its Beijing office in 2015.

Still, the company has held onto the Chinese market so far. Although Yahoo did not give details on the reasons for leaving China, its announcement came as the new data protection law went into effect on November 1, which the executives of the industry, would force multinational companies to make significant and costly changes to their processing and storage. of data.

Source link

]]>
AU Royale World NRE / NRO Savings Account and Debit Card Offer Great Benefits This Holiday Season https://www.intersindicalrtvv.com/au-royale-world-nre-nro-savings-account-and-debit-card-offer-great-benefits-this-holiday-season/ Fri, 24 Dec 2021 17:35:00 +0000 https://www.intersindicalrtvv.com/au-royale-world-nre-nro-savings-account-and-debit-card-offer-great-benefits-this-holiday-season/

– Comes with unmatched features like zero mark-up fees on overseas debit card spending and high interest rates on NRE / NRO savings, among others.

– free access to 6 international airport lounges and 8 national lounges.

– Attractive discounts on international meals, links with renowned restaurants.

MUMBAI and JAIPUR, India, December 24, 2021 / PRNewswire / – This holiday season, AU Small Finance Bank is announcing a host of features and benefits for its NRI clients with AU Royale World, a premium banking and lifestyle offering. Amid the coronavirus pandemic, as customers have started to depart cautiously with all necessary precautions in mind, AU Royale World is giving them access to the best restaurants and airport lounges around the world. Those who wish to enjoy movies from the comfort of their own home can take advantage of free OTT subscriptions under this program.

Logo of the small AU financing bank

With AU Royale World, india The larger smaller finance bank makes the bank a valuable proposition for NRIs with a higher interest rate (up to 7% *) and monthly interest payments. Customers can travel the world and transact with AU Royale World’s NRE VISA Signature debit card without paying a mark-up fee. The client will have a dedicated Relationship Manager 24/7, who will be the single point of contact for all banking and financial needs. NRIs can also manage the account through the bank’s Super App AU 0101.

While elaborating on the benefits, Mr. Uttam tibrewal, Executive Director, AU Small Finance Bank, explained, “We understand the banking and financial requirements of our NRI clients and therefore our services are personalized to match their aspirations and lifestyle. NRIs can seamlessly enjoy the best deals while ensuring their loved ones are watched. after in India. AU Royale World debit cards offer a host of benefits considering the needs of this customer segment, such as access to international lounges, exclusive gastronomic delights and discounts on international brands, etc.

Benefits of AU Royale World

  • High interest rates: Earn up to 7% * on NRE & NRO savings account balances.

  • Monthly interest payments: Receive monthly interest payments on your savings account balances.

  • No mark-up fees: The Royale World Visa Signature debit card has ZERO mark-up fees on international card spending.

  • Access to the airport lounge: Obtain 6 free accesses to international and 8 national airport lounges per year.

  • Exclusive culinary delights: Enjoy attractive discounts on international restaurants for dining in United Arab Emirates, London, United Kingdom, New Zealand, United States, Canada, Dubai, and Singapore etc.

  • Free one-time subscription on entertainment platforms: Free single subscription on entertainment platforms: Amazon Prime or Zee5.

  • Offers on international brands: Benefit from attractive discounts on the biggest international brands

  • Exclusive discounts on Travel Booking: Get an INR 1,500 discount on international flight bookings twice a year.

  • State-of-the-art digital banking services: Enjoy 24×7 access to funds via AU 0101.

  • Preferential tariff: Get a 75% lifetime flat rate discount on locker rentals and a preferential rate on remittances

  • Free tax advice: Get your Indian income tax questions answered through a dedicated advice office.

  • Dedicated relationship manager: Relationship Manager 24X7 for your banking and financial needs and will be your single point of contact.

  • Free Hospital Center : Hospicash center for family members at India up to Rs. 30,000 per year.

  • Financial planning: We offer a wide range of investment products and protection solutions to meet your investment and other financial needs.

Cision

Cision

View original content to download multimedia: https://www.prnewswire.com/news-releases/au-royale-world-nrenro-savings-account-and-debit-card-brings-rewarding-benefits-this-festive -season -301450779.html

SOURCE TO Small Finance Bank Limited

Source link

]]>
The global agricultural tire market is poised for constant growth: https://www.intersindicalrtvv.com/the-global-agricultural-tire-market-is-poised-for-constant-growth/ Tue, 21 Dec 2021 16:00:00 +0000 https://www.intersindicalrtvv.com/the-global-agricultural-tire-market-is-poised-for-constant-growth/

Delhi, RCN, December 21, 2021 (GLOBE NEWSWIRE) – The global agricultural tire market is growing at a high CAGR due to the growing demand for efficient and productive agricultural machinery, and the emergence of digital agriculture. In addition, the The growing food demand due to the increase in population and the growing demand for organic food products is also allowing the market to gain ground….

A recent study by strategic consulting and market research firm BlueWeave Consulting found that the global market agricultural tire market was worth USD 8.0 billion in 2021. The market is expected to grow at a CAGR of 5.8% during the forecast period (2022-2028), generating revenue of approximately USD 11.8 billion by the end from 2028. Due to the increasing demand for efficient and productive agricultural machinery, and the emergence of digital agriculture, the global agricultural tire market is expected to grow at a rapid CAGR. Moreover, the growing population and the demand for organic food products are also helping the market to gain ground.

Rising food demand due to increase in population is driving growth in global agricultural tire market

Agriculture is one of the most crucial sectors in the world as it stimulates the economies of several developed and developing countries. The world’s population is expected to grow from 7.6 billion in 2018 to over 9.6 billion in 2050, resulting in increased demand for food. However, natural resources such as fresh water and arable land are becoming increasingly scarce. In addition, although the productivity of farms and agricultural fields has increased with population in recent decades, around 690 million people still go hungry every day. The Food and Agriculture Organization of the United Nations (FAO) and the United Nations have estimated that agricultural productivity will need to be increased by almost 50% to meet the food demand of the increased population by 2050. In addition, the FAO estimates that Asia and Sub-Saharan Africa Saharan Africa will need to double its agricultural productivity by 2050 to meet increased food demand, while the rest of the world will need to increase its agricultural productivity. by more than a third. As farmers seek to increase the productivity of the soil, the demand for agricultural tools such as tractors, sprayers, combines and others is increasing and driving the growth of the global agricultural tire market.

Growing demand for organic food products is expected to drive agricultural tire growth globally

Organic farming is on the increase around the world and the demand for organic products continues to grow. Thus, many farmers have switched from conventional farming to organic farming and this has greatly affected the prospects of the agricultural industry. Organic farming does not allow the use of fertilizers and pesticides, which is why the use of agricultural tools such as sprayers, combines, combines and tractors becomes essential to maintain the floor in perfect condition.

According to the Food and Agriculture Organization, the area devoted to organic cultivation increased from 15 million hectares in 2000 to 71.5 million hectares in 2018. The trend indicates an increase in the consumption of organic products in recent years. According to the Organic Trade Association, sales of organic food products increased 12.8% in the United States in 2020, sales of fresh organic products increased by 11% and sales of frozen organic fruits and vegetables increased. by more than 28%. As the demand for organic products increases, farmers are turning to organic farming and the need for agricultural tools like tires is increasing and is expected to drive the growth of the global agricultural tires market during the forecast period.

Request free sample report @ https://www.blueweaveconsulting.com/report/agriculture-tire-market/report-sample

Global Agricultural Tires Market – By Tire Type

On the basis of tire types, the global agricultural tire market is segmented into bias tires and radial tires. Bias tires dominated the market in 2021 and held the largest share due to their high penetration in countries like China and India. Additionally, bias tires are made from natural rubber, which is produced largely in China and India. Low cost of raw materials, high flexibility of bias tires, thick sidewalls for protection against scratches, cuts and punctures contribute to the segment dominating share in the global agricultural tire market.

Global Agricultural Tires Market: Regional Insights

North America, Europe, Asia Pacific, Latin America, Middle East and Africa constitute the global agricultural tire market. The Asia-Pacific region dominates the market and holds a dominant share in the global agricultural tire market due to the presence of several agriculture-based economies like India, Indonesia, Philippines, Malaysia and Malaysia. others. In addition, increasing advancements in agricultural technology, easy availability of raw materials, a large domestic market, and growing food demand in the region have contributed to the region’s dominant share in the global agricultural tire market.

Impact of COVID-19 on the global agricultural tire market

From the start of the COVID-19 pandemic in 2020, the demand for agricultural tires has declined sharply. Demand has declined due to nationwide foreclosure restrictions, cash flow constraints, difficulties selling crops and supply issues. Tire manufacturers have been unable to source raw materials due to severe supply chain disruptions, container shortages, border restrictions and labor supply difficulties. ‘work. However, the reopening of markets and vaccination campaigns towards the end of the year heralded a market recovery.

The market recovery was halted by the second wave of COVID-19 followed by the emergence of the delta and now the Omicron variant of the coronavirus. Due to the reduction in production in 2020, companies have not been able to meet the increased demand for agricultural tires in 2021. Container shortages, labor shortages and energy crisis combined on the rise natural gas prices, as well as increasing Omicron cases, are expected to further slow the recovery of the global agricultural tire market. Analysts say it will take some time for the market to return to pre-pandemic levels.

For more information, please visit the press releases page: https://www.blueweaveconsulting.com/press-release/global-agriculture-tire-market-showing-positive-trends-forecast-to-grow-at-a-cagr-of-6-1-by-2027

Global Agricultural Tire Market – Competitive Landscape

The major players in the global agricultural tire market are Asian Tire Factory Limited, MRL Tires Limited, Balkrishna Industries Limited, Trelleborg AB, Bridgestone, Superking Manufacturers (Tire) Pvt. Ltd., Continental AG, YOHT., Michelin, Specialty Tires of America, Inc., Sumitomo Rubber Industries, Ltd., The Carlstar Group, LLC., Titan International, Inc., Trelleborg Wheel Systems Czech Republic as, Pirelli & C SpA , Apollo Tires, Nokian Tires PLC, JK Tire & Industries, Hankook Tire & Technology Co., Ltd., and other leading players.

The market is dominated by global and regional companies, such as Sumitomo Rubber Industries Ltd., Apollo Types, JK Tire & Industries, etc. Market players compete with each other in terms of launching new products, integrating new technologies, mergers and acquisitions, and collaborating with other players and organizations. In addition, companies operating in the global agricultural tire market seek to integrate new technologies and bring them to market as early as possible to gain an edge over their competitors.

Recent developments

In December 2021, Mitas Tires has launched two new high capacity (HC) radial tires for the next generation of self-propelled agricultural sprayers. The company’s latest agricultural tires are designed to provide a secure fit at low pressure while providing longer life. The tires are made with VF (Very High Flexion) construction, which allows 40% higher load capacity with improved traction levels.

In April 2021, Michelin has announced the launch of its latest range of agricultural tires. The tires are called “Agribib Row Crop IF (Improved Flexion)” and will be manufactured in the Troyes plant in France. The tires are specially designed for use on self-propelled sprayers and trailers and row crop tractors of low to medium power ranging from 70ps to 182ps.

Scope of the report

Attributes Details
Years considered Historical data – 2017-2020

Baseline year – 2020

Forecast – 2021 – 2027

Facts covered Turnover in billion USD
Market coverage United States, Canada, Germany, United Kingdom, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, United Arab Emirates, South Africa, Saudi Arabia
Product service / Segmentation By tire type, by application, by distribution channel, by region
Key players Asian Tire Factory Limited, MRL Tires Limited, Balkrishna Industries Limited, Trelleborg AB, Bridgestone, Superking Manufacturers (Tire) Pvt. Ltd., Continental AG, YOHT., Michelin, Specialty Tires of America, Inc., Sumitomo Rubber Industries, Ltd., The Carlstar Group, LLC., Titan International, Inc., Trelleborg Wheel Systems Czech Republic as, Pirelli & C SpA , Apollo Tires, Nokian Tires PLC, JK Tire & Industries, Hankook Tire & Technology Co., Ltd., and other leading players.

Do not miss the business opportunity of the global agricultural tire market. Consult with our analysts for critical insights and help grow your business.

The in-depth analysis of the report provides insights into the growth potential, upcoming trends, and statistics of the global agricultural tires market. It also highlights the factors that determine the forecast of the total market size. The report promises to provide recent technological trends in the global agricultural tire market and industry information to help policymakers make sound strategic decisions. In addition, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Please find related tire report below:

  • Vietnam Tire Market, Opportunity and Forecast, 2017-2027
  • Iran Tire Market, Opportunity and Forecast, 2017-2027
  • Japan Tire Market, Opportunity and Forecast, 2017-2027
  • Global Tire Market, Opportunity and Forecast, 2017-2027
  • Saudi Arabia Tire Market, Opportunity and Forecast, 2017-2027

About Us

BlueWeave Consulting provides comprehensive market intelligence (MI) solutions to businesses for various online and offline products and services. We offer comprehensive market research reports by analyzing qualitative and quantitative data to increase the performance of your business solutions. BWC has built its reputation from the ground up by providing quality inputs and nurturing lasting relationships with its customers. We are one of the promising digital IM solutions companies providing agile support to make your business efforts successful.

Contact us:

BlueWeave Consulting & Research Pvt. Ltd.

+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662

info@blueweaveconsulting.com

https://www.blueweaveconsulting.com/

https://www.linkedin.com/company/blueweaveconsulting/

Source link

]]>
American quality still at the highest profitability and valuation discounts since launch https://www.intersindicalrtvv.com/american-quality-still-at-the-highest-profitability-and-valuation-discounts-since-launch/ Sun, 19 Dec 2021 15:55:47 +0000 https://www.intersindicalrtvv.com/american-quality-still-at-the-highest-profitability-and-valuation-discounts-since-launch/

By Alejandro Saltiel, CFA
Associate Director, Research

Quality stocks have lagged around the world this year, as expected in the early stages of an economic recovery.

The WisdomTree US Quality Dividend Growth Index (WTDGI) selects companies that appear attractive based on measures of profitability such as ROE and ROA, and earnings growth prospects, and weights them according to their dividend stream. The WisdomTree US Quality Dividend Growth Fund (DGRW) seeks to track the price and performance of WTDGI, before fees and expenses.

Its fundamental strategy has allowed WTDGI to gain exposure to dividend producers and avoid exposure to companies that risk reducing or suspending dividend payments.

After a year of stable dividend growth, economic growth this year supports dividend growth across all industries. Of the 20 biggest dividend payers in the S&P 500 Index, 18 have increased their payouts in the past 12 months.1 Banks, which have been blocked by regulators from increasing payments in 2020 due to the COVID-19 pandemic, are among the most dynamic. Excluding banks, WTDGI held more than half of the 20 biggest dividend producers in the S&P 500 Index in 2021.

Methodology update – The rise of intangible assets

The WTDGI is rebalanced annually in order to reset exposure to these companies and to adapt to changing economic conditions. Ahead of this year’s replenishment, we announced an update to the WTDGI methodology, improving our original process created over eight years ago. The growing number of negative stock companies that were not eligible for inclusion in the WTDGI underscored the need for an update.

Since 2017, the number of companies with negative equity capital has grown steadily: today, more than 30 companies in the S&P 500 fall under this classification. This is partly explained by the undervaluation of assets on their balance sheets (brand value, patents, real estate values, etc.) and by the maximization of capital efficiency through dividends and share buybacks. . Companies with negative equity are typically involved in franchising, data or real estate activities or are companies with large research and development budgets.

Some of these companies have strong business models and histories of dividend growth, as shown in the table below. As the number of negative equity companies continues to increase, we wanted to update the methodology to give them a fair chance to be included in WTDGI.

WTDGI selects eligible companies using a weighted combination of three factors: estimated medium-term earnings growth, three-year historical average ROE, and three-year historical average ROA. This most recent update gives companies with negative equity a median ROE score if they have had positive dividend growth in the past five years, making them eligible for inclusion if their growth and their ROA justifies it.

Here are some of the major changes after the reenactment of WTDGI in December.

Fundamentals

After its annual replenishment, WTDGI has improved both its profitability and its valuation measures. ROA improved to 8.50% and ROE improved by over 100 basis points to 28.75%. Both significantly outperform comparable measures of the S&P 500 Index.

Along with improved quality metrics, the post-rebalancing basket shows higher implied growth as measured by ROE earnings retention times. The WTDGI also has a dividend yield 0.84% ​​higher than that of the S&P 500 with a 13% discount on the forward valuation:

The WTDGI is trading at its largest forward valuation discount to the S&P 500 index since its inception in April 2013. The chart below shows how the P / E ratio discount and ROE premium, on the right axis, remain at attractive historical levels. .

Sector exposure

During this latest replenishment, the consumer discretionary sector saw the biggest increase in weight, as the economy continued to rebound from the COVID-19 slowdown last year. Adding negative equity but major dividend producers like Home Depot, McDonald’s and Starbucks led the way. The consumer staples sector also saw its exposure increase with the addition of Philip Morris and Kimberly-Clark Corporation.

Noticeable weight reduction came from the healthcare and information technology sectors. Companies with significant weight reductions were Pfizer, Bristol-Myers Squibb, and Intel Corp.

The sector’s overall tilt against the S&P 500 Index remains constant, with WTDGI remaining underweight Financials and Consumer Discretionary while being overweight Industrials, Healthcare and Consumer Staples.

Conclusion

Heading into 2022 with an eye out for volatility in the latter part of the economic recovery, we believe that exposure to a basket focused on profitability and growth fundamentals can provide investors with better market-adjusted returns. risk.

1 Sources: WisdomTree, FactSet. Data from 11/30/20 to 11/30/21.


Significant risks associated with this article

There are risks associated with investing, including possible loss of capital. Funds focusing their investments on certain sectors increase their vulnerability to any economic or regulatory development. This can lead to greater volatility in the price of the shares. Dividends are not guaranteed and a company that currently pays dividends may stop paying dividends at any time. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.

References to specific securities and their issuers are for illustration purposes only and are not intended to be, and should not be construed as, recommendations to buy or sell such securities.

Learn more at ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Source link

]]>
Meet the women’s economic justice advocate who empowers Florida domestic workers https://www.intersindicalrtvv.com/meet-the-womens-economic-justice-advocate-who-empowers-florida-domestic-workers/ Wed, 15 Dec 2021 22:16:19 +0000 https://www.intersindicalrtvv.com/meet-the-womens-economic-justice-advocate-who-empowers-florida-domestic-workers/

Santra Denis returned from the United Nations Climate Change Conference (COP26) in Glasgow in November with a clear reminder of how women around the world are more similar than different.

Denis attended COP26 as executive director of the Miami Workers Center (MWC), a Miami-Dade County-based organization that supports low-income communities and low-wage workers, especially black and Latin women. , in South Florida. Reflecting on the phone with Global Citizen on the conference, which aimed to keep the global temperature rise below 1.5 degrees Celsius, as indicated by the 2015 Paris Agreement, and to promote mitigation, adaptation and the financing of climate change, a phrase came to Denis’ mind: “Poto Mitaine.

“It’s Creole for what they consider women to be for society – we are the pillars of society,” she said. “All over the world you will see women jostling and bustling about.”

“There were communities – indigenous communities, black communities – and the majority of those communities were represented by women who care for the elderly but also work the land. They know the country. They know what it means to plant and harvest. And they understand how to be one and in tune with the environment.

The goal of COP26 was to get countries to dramatically reduce their carbon emissions and achieve net zero by 2050, and Denis said there is an opportunity to promote women’s economic justice in this agenda. by moving more extractive industries to care work.

Care work, which includes babysitting, eldercare, cleaning and cooking, and more domestic work and may or may not be paid, is considered low-carbon work that has little impact. or no negative impact on the environment, she explained.

“There is a huge opportunity for us to grow this industry to provide living wages, to provide a platform for people to grow in their careers and specific roles. ”

Everyone relies on caregivers at every stage of life, from infancy to old age, Denis explained. Her daily struggle is to create an economy that sees and values ​​care work, which is often invisible as it is mostly done by women, especially women of color.

“Without this work, this nation stops,” Denis said. “These are people we need to support. That’s what economic justice means to me, that the people we know make this country work, our communities work, we support them and provide them with opportunities to thrive.

During the COVID-19 pandemic, as women were forced out of the workforce to care for their families and constitute the majority of essential workers, it became difficult to ignore that their contributions are the backbone of the society. MCW initiated organizational work in response to the crisis and the increased need for economic justice. In June 2020, the organization published the study “Black Immigrant Domestic Workers in the Time of COVID-19” with the Institute for Policy Studies. MCW has also prioritized the protection against expulsion of its members since March 2020.

According to Denis, being a single mother is one of the main predictors of deportation risk and she wants to change the deportation narrative.

“It is mothers with children who are expelled,” said Denis. “Once you face an eviction that stays with you, it has lasting impacts on your ability to rent again on your ability to even own a home at any given time.

“We know that psychologically it has an impact. It also has an impact on children. These are things that remain in our communities forever. Many of our tenants and members are being evicted from homes they cannot live in anyway because the conditions are so terrible. We are talking about infestations [and] owners who have not done any maintenance on these buildings [in] always.”

Women tenants face harassment, and refusing landlord advances can in some cases lead to discrimination and eviction even if a family is not behind on their rent, she added.

In Miami-Dade County, the majority of households are headed by women, and ending cycles of poverty begins with empowering these women, Denis said. But for many MWC members, childcare is a challenge that bothers them. With school leaving at 2 p.m. – three hours before most parents leave work at 5 p.m. – women are forced to compromise.

“They have to work fewer hours to coordinate childcare as mothers. This has a significant impact on their ability to generate the income they need to get out of poverty, ”said Denis.

A MWC member wants to go to night school, but doesn’t know if she can afford it as she has two young children and must choose between working full time or picking up her child from kindergarten.

Denis, whose mother is a Haitian domestic worker, uses her lived experience as a black woman born in the United States to advocate for her family and community.

“As the black child of Haitian immigrants… working class immigrants… you still see the injustices our communities face. And I am able to stand up for my family, my loved ones and to be that voice when often people do not necessarily feel that they can use their voice because of their immigration status or because they feel that spaces are not for them, ”said Denis.

A background in public health sparked her interest in organizing work at university, at a time when she said, like most people, that it had become more politicized. Working with his mentor, Dr. Cynthia Chestnut, who was a member of the Florida House of Representatives from 1990 to 2000, representing the 23rd District, Denis was exposed to the disparities between the different populations of Gainesville, Florida.

“I have to be in spaces with her, really seeing how being a woman, a black woman, in leadership positions also allows you to bring your community with you and make sure that the decisions made reflect them and are theirs as well. beneficial. , said Denis.

One of the biggest challenges Denis faces today is knowing that she does not have the same networks or resources as her colleagues, especially when it comes to ensuring the availability of community interventions and running campaigns. successful.

“My community is not rich when it comes to dollars. Fundraising in this role is often very difficult. Numerous studies have shown that blacks, when in a managerial position, have less confidence in money and receive less. In terms of pressure and responsibility, it’s a lot to bear, ”explained Denis.

“But also, we’re always up for the challenge and we do it in style and we find a way to laugh and dance through it. When I think of black people in general, we always know how to find our way. “

MWC is a beneficiary of the Ms. Foundation for Women, a nonprofit foundation that strengthens the collective power of women for social, economic and reproductive justice. The foundation’s emphasis on having members of affiliated organizations focus, anchor and take care of themselves encourages Denis to take time to take care of himself, which for her means dedicating Sunday has quality time with her friends.

While her job can be demanding, for Denis, it’s rewarding to organize women whose experiences touch close to home.

“Seeing domestic workers standing up for themselves, speaking out against wage theft, seeing them push each other, that brings me so much joy,” she said.

Denis thinks that creating a more equitable world for women is not a pipe dream. Policies that guarantee childcare, flexible working hours and paid parental leave could ease the burden on women in the labor market.

“I think there is work to be done, and I don’t think it is difficult,” she said. “Can we have the political will? It’s not that we can’t do it. And it is worrying.

Denis would like to see the private sector and industries that employ a lot of women, such as the hotel industry, show greater corporate social responsibility. And maintaining an intersectional approach to community interventions is crucial.

“There are similarities with people who are women,” she said. “But once you dive in, dive deep into a race, into immigration status, sexuality, etc., you really start to see disparities in what people are going through.”

The members of the MWC, for example, who are predominantly black and BIPOC, have found themselves in Miami through everywhere, from the Caribbean to southern America to Central America. Denis pointed to the results of the Urban Institute’s “Color of Wealth” study, which found a large income gap between white and black Hispanics.

“It can’t be one size fits all, especially with all the different jurisdictions people live in,” Denis said.

Ordinary citizens can also ease the burden of caring for women.

“Think about the women in your life; think about how you present yourself to them, ”Denis said. “Think about all the work that they do on their own and govern yourself accordingly, understanding that they are people too. Pay close attention to the work on the invisible lives of women and make a conscious effort not to overdo it. “


Source link

]]> ‘Opposite Dynamics’: Growing Supply Chain Problems Hinder Solar Advances in US https://www.intersindicalrtvv.com/opposite-dynamics-growing-supply-chain-problems-hinder-solar-advances-in-us/ Tue, 14 Dec 2021 17:59:00 +0000 https://www.intersindicalrtvv.com/opposite-dynamics-growing-supply-chain-problems-hinder-solar-advances-in-us/

United States installed 5.4 GW of direct current solar power plant to set a third quarter record, but escalating supply chain constraints and costs in all market segments will lead to lower installations by 25% over the next 12 months, depending on the solar energy industries. Association (SEIA).

Focus your mind: get the information you need with the Recharge planner

The global energy transition is gaining momentum – and the accompanying news feed is becoming a deluge of information. Separate the green giants of greenwash and the hard facts from the clickable bait headlines with Reload Agenda, our curation of the week’s market-making events, distilled into a quick-read newsletter. Register now here free

The new capacity was 33% higher than a year earlier, when the industry began to recover from the Covid-19 dislocations that most affected residential PV as well as utilities, the main drivers of solar growth in the country.

The United States installed 15.7 GW over the three quarters, “on track to easily exceed 20 GW” this year, which would surpass the record 19.2 GW in 2019, the authors wrote. Overview of the US solar market, published jointly by SEIA and the Wood Mackenzie Research Group.

“The US solar market has never seen so many opposing dynamics,” said Michelle Davis, senior author and senior solar analyst at WoodMac. “On the one hand, supply chain constraints continue to intensify, putting gigawatts of projects at risk.”

“On the other, the Rebuild Better Act would be a major market stimulus for this industry, establishing the long-term certainty of continued growth, ”she added.

The report quotes solar industry veterans as saying that purchasing equipment and pricing projects under development are “by far the most difficult they have ever known”, with US inflation rising by 6. , 8% in November compared with the same month a year ago, the fastest pace. in 39 years.

The article continues under the ad

The industry’s long-standing over-reliance on component imports from Asia has been fully exposed this year. Utility PV suffers the most, as only 20% of the modules used in projects are made in the United States. This segment represents 64% of installations in the third quarter.

“I can verify that it’s not just us, but other developers have a lot of projects out there that have shelving in place without solar panels on it,” Art Fletcher, executive vice president of construction and manager of purchases at Invenergy, a leading US developer of solar and wind power, said at the American Cleanpower annual conference last week.

“Supply chain issues extend across the portfolio,” he said, noting that Invenergy is creating more jobs than at any time in its history given the high demand for clean energy. “It becomes a challenge. It has strained our resources on a whole new level than what we have seen in the past. “

To get the panels from points of origin in Asia to job sites, developers face a gauntlet of obstacles and pay three or four times more shipping costs than in 2019 before the pandemic.

These include the worst congestion in years at major US ports handling containers. Those in Long Beach and Los Angeles, the nation’s busiest and most important entry points for solar components, have up to 30 container ships in sight waiting for weeks to unload from berths and 50 or more in the queue further into the Pacific Ocean.

Once unloaded, shipping containers sometimes remain in nearby holding areas for additional weeks due to railroad congestion and shortages of trucking equipment and workers. This slowdown in handling is causing bottlenecks throughout the American supply chain. When they do eventually arrive in overcrowded inland distribution centers, further processing delays are likely before delivery to final destinations.

Business problems add to supply problems

Trade-related issues are also worsening the supply situation. US Customs and Border Protection detain modules suspected of having polysilicon processed from metallurgical silicon manufactured by Hoshine Silicon Industry and its affiliates, which allegedly use forced labor against Muslim minority groups in the Xinjing Uyghur Autonomous Region in China.

While the agency Withhold the release order (WRO) allows importers to demonstrate that polycrystalline silicon in their products comes from outside Xinjing, project developers say the review process is cumbersome and decisions take too long to render.

“Things just sit there when some of these importers feel in good faith that they’ve hit the threshold. We have to do better there. We need to get these things done, ”Ray Long, senior vice president of policy and external affairs at Clearway Energy, said at the conference.

“We know that in 2022, with all the projects under construction, if things stay as they are, the panels will not complete these projects on time and they will be significantly delayed,” he added. Clearway has more than a 17 GW solar, wind and battery storage pipeline.

The industry has used more components from Malaysia, Thailand and Vietnam instead of those from China which face U.S. anti-dumping and countervailing duties (which have been reduced) imposed by former President Donald Trump. SEIA and the developers oppose it because it increases the costs of solar power and has largely failed to encourage more domestic production.

Last month, the Commerce Ministry dismissed petitions from an anonymous group of solar power makers here alleging that Chinese panel producers were circumventing those rights by completing processing in minor capacity in Asian countries. South East.

While the move was good news for developers here, “the threat of petitions has blocked equipment shipments from these countries due to unlimited risk, further exacerbating supply chain constraints,” the authors wrote. of Overview of the US solar market.

Upside down Rebuild better

The $ 2 billion Rebuild Better Act in the Senate, which passed the House of Representatives last month, has a significant advantage for long-term solar growth, according to the report. It includes approximately $ 555 billion in clean energy funding over 10 years,

The House version includes extensions and modifications to the clean energy tax credits, for example allowing project promoters to choose their direct payment, depending on whether a project meets national content and labor requirements. union work.

WoodMac estimates that the extension of the federal Investment Tax Credit (CII) would translate to 43.5 GW of additional solar capacity from 2022 to 2026, most of which would come from utility solar power.

While large-scale projects will face short-term supply chain constraints, an extension of ITC would maintain the segment’s economic competitiveness and partially offset the resulting price increases, according to the report.

He noted that solar would also be eligible for the Production Tax Credit (PTC), now used by onshore wind projects, “which may be a richer incentive than ITC for projects with particularly capacity factors. students”.

Utility solar which takes an important place in the energy transition plans of President Joe Biden until 2035, his goal to achieve a carbon-free electricity grid. The White House considers PV the cheapest clean energy source that could provide at least 37% of the country’s electricity within 15 years compared to 3.5% today.

The report warned that more tax credits will be needed to help meet Biden’s goals of an 80% clean grid by 2030 and net zero carbon economy-wide U.S. economy. by 2050.

He cites transmission and distribution constraints which constitute an “increasingly stubborn challenge” for solar projects in all segments (the others are community PV and residential PV).

“While an ITC extension can help developers pay for the costs of upgrading the interconnect, more network hosting capacity and better network integration are still desperately needed,” the authors said. “Fortunately, the bill also contains provisions to encourage the development of transmission.”

Source link

]]>
US-China trade dispute: geopolitics alone may not help Indian manufacturers https://www.intersindicalrtvv.com/us-china-trade-dispute-geopolitics-alone-may-not-help-indian-manufacturers/ Sun, 12 Dec 2021 17:29:00 +0000 https://www.intersindicalrtvv.com/us-china-trade-dispute-geopolitics-alone-may-not-help-indian-manufacturers/ Against the backdrop of restarting sustainable growth after the pandemic, it is often heard that India’s participation in the Quad can give it the opportunity to be part of the “secure supply chains” the United States wants. As US Secretary of Commerce Gina Raimondo recently said, “we are talking about relocation, but we are also talking about relocating friends.” The trade dispute between the United States and China, since the tenure of Donald Trump and continuing under Joe Biden, has often led experts to say that geopolitics favors India.

It is not unreasonable to believe that due to the escalation of the US-China conflict, having China on the same global supply chains or production networks as the United States is now much more costly for businesses. American manufacturers, thus opening up new opportunities for Indian manufacturers.

However, India’s domestic policies and institutions make it difficult for it to take advantage of these favorable circumstances.

India’s labor regulations restrict the dismissal and reassignment of workers’ duties and, in turn, reduce incentives for hiring, making it very difficult for companies to respond flexibly to technology and labor shocks. request. Entry of new businesses and expansion of existing businesses are limited by Indian land acquisition laws, as well as restrictive building height constraints through a low maximum floor area index. Thus, reforms are needed in these laws, despite some recent improvements in labor law. In addition, the huge problem of poor infrastructure, in the form of low density and quality of roads and lack of availability of electricity, makes matters worse.

Large Shenzhen-style Autonomous Economic Zones (ZAEs), not just relatively small Special Economic Zones (SEZs), are needed. In these EAZs, imported inputs should be able to enter duty-free and production can take place with relatively relaxed factor market restrictions. The resulting agglomeration of economic activity will lead to higher productivity.

In recent years, India has raised a number of import tariff rates, partially reversing trade reforms of the previous 25 years. Even before the recent tariff increases, India had high tariffs on automobiles (60-125% even after the 1991 reforms), rendering the sector inefficient due to lack of competition and high component costs.

Likewise, the high tariffs (20-25%) on artificial fibers and yarns make the production of clothing using these inputs quite expensive. 25.4% of industrial product tariff lines had rates above 15% in 2020-21, compared to 11.9% in 2010-11, the simple average of industrial tariffs falling from 8.9% to 11.1% in during the same period.

In 2018, India doubled its import tariffs not only on electronic and communications devices, but also on cosmetics, watches, toys, furniture, shoes, kites and candles. – a clear recognition of a lack of competitiveness in these labor-intensive entry-level products. some products. Without addressing these issues, favorable geopolitics will be of no use.

While it is still a question of attracting foreign direct investment (FDI), India’s protectionist measures do the opposite. Government and public sector company procurement policies include a preference for products with 50% or more domestic content, giving them a 20% price advantage in procurement decisions. While FDI ceilings have been raised in several sectors, rules strongly favoring management and majority control over being Indian do not help attract FDI.

In addition, the equalization tax on foreign electronic and digital commerce firms adds to the bias against FDI. In addition, the scope of this levy was retroactively widened, thus preserving India’s bad reputation for retroactive taxation, making it difficult to attract FDI on the basis of current incentives.

India’s new Model Bilateral Investment Treaty (BIT), introduced in 2015, does not fulfill the standard function of the BIT of protecting the interests of investors. Its protection of investors’ rights is conditioned on the length of its existence and on a vague notion of contribution to development.

Investor-state dispute resolution methods are only permitted after India’s legal and other domestic remedies have been exhausted, which can take forever. The new BIT model ended 73 existing models. In addition, recent rules requiring localization of data storage for US payment system providers, later applied to foreign banks retroactively with penalties, will seriously discourage FDI in India.

While the incentives for U.S. companies to keep investing in China are currently weaker, it is uncertain whether they are small enough to take them out of China, especially in areas of manufacturing requiring skills accumulated in China. years of experience. In addition, for low-skilled activities, Vietnam, Thailand, the Philippines, Malaysia and Indonesia offer a more favorable environment for FDI than India.

So just a Quad membership doesn’t help. Real economic incentives are important. Businesses in democratic countries are not told by their governments where to invest. They respond to incentives. Disincentives like those in India push them back.

Source link

]]>
New virus restrictions in Britain worry companies https://www.intersindicalrtvv.com/new-virus-restrictions-in-britain-worry-companies/ Sat, 11 Dec 2021 01:09:00 +0000 https://www.intersindicalrtvv.com/new-virus-restrictions-in-britain-worry-companies/

LONDON – On Thursday morning, a group of 50 people called to cancel their holiday party booked that evening at Luc’s Brasserie, a French restaurant in the UK capital’s financial district. That same morning, a group of 21 people also canceled their party, also for Thursday evening.

The night before, Prime Minister Boris Johnson announced that stricter Covid measures were coming, and the impact was immediate for Darrin Jacobs, the owner of Luc’s. There have been a “multitude of cancellations,” he said.

But thanks to a waiting list of reservations, he said, the restaurant was still full until Christmas. And many canceled reservations had hopefully postponed their celebrations to early next year.

“We’re not going to lose the business, we’re just going to move the business forward,” Mr. Jacobs said. But “it’s not easy because we’ve already bought food and moved staff,” he said.