#4th stimulus package

[fumpkins]

4D composite printing could improve the wings of drones

Credit: Pixabay/CC0 Public Domain

The air travel market deals with several pressures from greater fuel expenses and increased examination over the ecological and quality-of-life effects from its airplane. Researchers are trying to find brand-new techniques of keeping expenditures down while enhancing total performance, and the reasonably brand-new market of unmanned aerial automobiles (UAVs)—or drones—is no exception.

UAVs are inhabiting an ever-growing space in air travel circles. In a brand-new paper released in the journal Composite Structures, Suong Hoa and his trainee co-authors provide a technique to make UAV wings less expensive to make and more effective in flight.

Hoa is a teacher of mechanical, commercial and aerospace engineering at the Gina Cody School of Engineering and Computer Science. Using a strategy Hoa originated referred to as 4D printing of composites, the authors carried out an expediency research study on the application of a brand-new method to make adaptive certified tracking edge (ACTE) morphing wings. The speculative technology changes the frequently utilized hinged wing flap with one that is connected to the primary wing body however can flex as much as 20 degrees.

“Our paper shows that a UAV using this kind of wing can support a good amount of load for small or medium-sized vehicles,” states Hoa, director of the Concordia Center for Composites.

Using product responses

4D printing resembles 3D printing other than that it alters products from place to place. The different product is utilized due to the fact that it is reactive to a specific stimulus: water, cold or heat, for example. Initial printing is done on a flat surface area that is then exposed to the stimulus, triggering a response, and altering the surface area shape. The 4th measurement describes the transformed setup of the once-flat product.

4D printed airplane wings with Suong Hoa. Credit: Concordia University

Composite 4D printing is more intricate. Rather than utilizing a soft, dough-like compound frequently utilized by 3D and 4D printers, it depends on a powerful mix of long, great filaments kept in location by a resin. Each filament is just 10 microns thick—about 1/10th the size of a human hair. The 4D composite printer unrolls its filament-resin mix in ultra-thin layers at 90-degree angles from each other. The layers are then compressed together and treated in an oven at 180˚C, and after that cooled off to 0˚C, developing a things that is stiff however not breakable.

As the authors discuss in their paper, this enables them to develop an area of product with a uniform curvature that is sandwiched in between the wing flap’s upper and lower surface areas. It is versatile and strong enough to assistance the 20-degree contortion the wing needs for flight maneuverability.

“The idea is to have a wing that can change its shape easily during flight, which would be a great benefit as compared to fixed-wing aircraft,” Hoa describes.

He thinks the composite 4D technology has terrific prospective for all way of applications. Its items’ portability, he states, is a significant draw.

“Because it is flat, it is easy to package to send to remote areas, from Canada’s Far North to outer space.”

Making 3D printing really 3D

More details: Suong Hoa et al, Development of a brand-new versatile wing idea for Unmanned Aerial Vehicle utilizing corrugated core made by 4D printing of composites, Composite Structures (2022). DOI: 10.1016/j.compstruct.2022.115444

Provided by Concordia University

Citation: 4D composite printing could improve the wings of drones (2022, May 10) obtained 10 May 2022 from https://techxplore.com/news/2022-05-4d-composite-wings-drones.html

This file undergoes copyright. Apart from any reasonable dealing for the function of personal research study or research study, no part might be replicated without the composed approval. The material is offered details functions just.

New post published on: https://livescience.tech/2022/05/11/4d-composite-printing-could-improve-the-wings-of-drones/

[nbcnews05]

http://nba.com INFLATION RELIEF CHECKS! 4th Stimulus Package + $750 Checks + Ro Khanna Gets Grilled On Fox + WH Aid https://www.youtube.com/watch?v=OIZAp4tbKFc&utm_source=dlvr.it&utm_medium=tumblr https://2k.com

[msnbcnews05]

http://nba.com INFLATION RELIEF CHECKS! 4th Stimulus Package + $750 Checks + Ro Khanna Gets Grilled On Fox + WH Aid https://www.youtube.com/watch?v=OIZAp4tbKFc&utm_source=dlvr.it&utm_medium=tumblr https://2k.com

[cryptonewseye]

#Economics #4th stimulus package #American bureaucrats #automatic stabilizers #Bernie Sanders

[apeachymama]

Can anyone tell me about their toddlers and kids taking swim lessons during a pandemic? What precautions do they take, what's class size like? Does anyone wear masks? Is it worth the price? My local Goldfish has 30 min, once a week, parent/child classes for 94 bucks a month. Every 4 weeks. However payment works. (Tlg runs payments every 4th monday. We charge 94 bucks too, with possible bonus classes. Parent/child, 45 min classes once a week.) I'm seriously contemplating signing Sophia up for at 6 months of classes, with her 600 stimulus package. Could we use it for car fixing and new furniture and bills and new bras for mommy? Sure.

But she took a shower with me today and started getting so brave. We've been practicing closing our eyes and tilting heads back in the water. She doesnt usually shower with us, she's always in a bath. And in the bath I try to get her to lay down safely. Today was the first time she stood under running water by herself. She would stand there for a minute then wipe her eyes on a towel we hang inside the shower. It was so cute and it made me think, maybe she needs this.

So yeah. Let me know. Comment or reblog or dm or find me on facebook or email. Whatever. Honest to god reviews only. Be real. Tell me how it really is to take swim lessons in a pandemic.

#parental advice #i need advice #tell me your experiences #reviews #swim lessons #swim lessons during a pandemic #toddler swim lessons #momblr #mumblr #momblr advice

[rightsinexile]

COVID-19 and refugee management in the Great Lakes region

The following article was contributed by Alice Louise Cropper and Pauline Le Nénaon, LLM students at Queen Mary University of London and interns at AMERA International who attended a three-day conference hosted by the Refugee Law Project in Kampala, Uganda.

Confronted with the realities of COVID-19, tightening borders, challenges of local integration, trafficking, and pervasive gender inequalities in key services, what are the implications for the future of refugee management in the Great Lakes region? Are we looking at more of the same, or are there bigger changes on the horizon?

The Refugee Law Project (RLP) sought to address these questions at their 4th Regional Conference, held 9-11 November 2020 in Kampala, on forced migration under the theme “The Future of Refugee Management in the Great Lakes Region.”

Speakers at the conference were drawn from the forced migration field, including academics, policy makers, government officials, students, refugees and civil society organisation personnel. Discussed below are the main themes from the three-day conference.

Mental health and psychosocial wellbeing

COVID-19 created a crisis, affecting livelihoods and leaving many feeling psychologically insecure. For refugees this exacerbated pre-existing mental health issues, and coupled with a lack of face-to-face sessions this led many to relapse and suffer re-traumatisation. “Fear applies to everyone” so there is a need to empower, train and conduct orientation, especially amongst remote working staff. Children in particular need to be prioritised, as they are a forgotten group struggling with emotional challenges. The Government of Uganda was called to advocate for more psychosocial support, as it is currently one of the lowest funded sectors in refugee protection.

Forced migration

Registration and borders

COVID-19 caused borders to close and registration to be put on hold. Are there new opportunities for improvement when reopening? Can online mechanisms be implemented for screening and interviews? More resources are needed for effective registration and implementing processes. The Office of the Prime Minister (OPM)—the Ugandan government department responsible for refugees and disaster preparedness—addressed the fact that online services would require the nation to vastly improve its technology and cautioned that applying this to refugee communities would incur high costs. Security was a main concern, as many unregistered persons have been left without access to certain services and documentation. It was agreed that the backlog is the main priority when services resume.

Urban refugees

The government was commended for providing significant services for refugees, yet urban refugees seem to be left behind. Under Uganda’s settlement policy refugees may find support in the settlements, and only 85% of refugees say the pandemic has had a negative impact on their livelihood. But 75% have lost their income due to lockdowns. In talks of stimulus packages for nationals, can refugees be considered as well? There is a need to understand markets and local businesses, where many refugees work, in order to provide adequate support. Many refugees want to be self-sufficient and work, which financial inclusion may enable.

Trafficking

Tackling trafficking involves addressing the 4 P’s: Prevention, Protection, Prosecution and Partnership. Since COVID-19, regular pathways have been disrupted and increased irregular migration has occurred. Services have been reduced due to the pandemic, and more focus needs to be put on early identification. This requires awareness and provision of information, including education not only for police and border officers, but also for teachers and healthcare professionals. Well-evidenced information from civil society organisations and public bodies is also hugely important for Special Rapporteurs to be able to engage more proactively to combat human trafficking, and Uganda has low reporting numbers.

Durable solutions

Resettlement

There were already challenges in diminishing durable solutions, but now with borders shut there are big gaps to meet resettlement targets and needs. The mental impact on refugees trying to secure resettlement, when it is a very lengthy process and rarely achievable, is detrimental to their wellbeing. UNHCR was called to create more awareness talks about the realities of resettlement, and to address the need for clear and transparent communication at various stages. Strong leadership is needed from resettlement countries to expand the number of available places. Psychosocial support will be vital in supporting those awaiting resettlement, and help to explain resettlement as just one of the durable solutions.

Gender and sexuality

Access to justice is profoundly gendered, and the speakers stressed the need to break the norms and put gender-just access to justice at the centre of their thinking. Issues in the Great Lakes region’s gendered-constructed societies include: sexual harassment and abuse against women, sexual violence among men, transgender discrimination, and the fear of reporting these abuses. To tackle these issues training, debates and cooperation amongst all the stakeholders are the only ways to move forward. As these issues are often taboo, there is also a real interest in understanding them better in order to guarantee equal access to justice.

Ultimately, COVID-19 has been extremely difficult. However, it has provided some opportunities for reflection and change to occur in refugee management.

#Uganda #RLP #Great Lakes #Alice Louise Cropper #Pauline Le Nénaon #Refugee Law Project #COVID-19 #asylum #asylum seeker #refugee #management

[masternest]

I love LongBeachGriffy! Here’s his latest video that he made in regards to the current stimulus package. And yeah the government sucks but what else is new XD I love the ending on how he kind of stays in character with his characters yet still pulls off a great 4th wall break xP

#longbeachgriffy

[bowtochris]

So Much Fucking Shit Happened This Month OMG

Source: https://en.wikipedia.org/wiki/Portal:Current_events

March

1st: Afghan president Ashraf Ghani rejects a clause in the U.S.–Taliban deal setting the release of Taliban prisoners Former South Bend, Indiana mayor Pete Buttigieg suspends his presidential campaign.

2nd: Minnesota Senator Amy Klobuchar suspends her presidential campaign Two dozen more cases are reported in the U.S., bringing the total number of infected Americans to 102.

3rd: Three tornadoes, two at least EF 3 in strength, rip through downtown Nashville and surrounding towns, killing 25 people. Myanmar turns a Silversea Cruises cruise ship away due to fears of coronavirus

4th: The United States Armed Forces says it has carried out its first airstrike against the Taliban since a peace deal was signed on February 29, 2020. Former New York City Mayor Michael Bloomberg suspends his presidential campaign. The United States confirmed 11 total deaths, with the first death outside of Washington state in California. California's total of infections has jumped to 51. The country confirmed 33 new cases, bringing the total number to 159.

5th: The Republican-controlled Arizona House of Representatives passes a bill banning transgender females from women's sports. In total, the US confirmed 69 more cases, bringing the total number to 228. Three more deaths were reported, bringing the total number to 14.

6th: SpaceX successfully launches a Dragon spacecraft in orbit to resupply the International Space Station. Florida confirms its first two deaths from the coronavirus.

7th: The Xinjia Express Hotel, which was being used for quarantining those with COVID-19, collapses in Quanzhou, Fujian, China. Ten people were killed and twenty-three are trapped. Thirty-eight have been rescued alive. The total number confirmed cases of for the US increased to 444. There was 1 new death, 11 in total.

8th: California U.S. Senator and former presidential candidate Kamala Harris endorses former Vice President Joe Biden in his campaign for the Democratic nomination for the presidency. Civil rights activist Jesse Jackson endorses Vermont U.S. Senator Bernie Sanders in his campaign for the Democratic nomination for the presidency. The first COVID-19 death is confirmed in Canada.

9th: Black Monday - Prior to opening, the Dow Jones Industrial Average futures market experienced a 1,300 point ... This predicted 1,300 point drop would establish 9 March as being among the most points the Dow Jones Industrial Average has dropped in a single day. By the end of the day, it fell a total of 2,013.76 points. The United States Court of Appeals for the Ninth Circuit confirms a 2016 ruling that Led Zeppelin's 1971 song "Stairway to Heaven" was not unlawfully copied from Spirit's instrumental "Taurus". The United Kingdom's largest retailer Tesco say they will be restricting the sale of essential food and household items in response to fears of mass panic buying.

10th: Vladimir Putin backs a constitutional amendment that would allow him to remain in power after 2024 and make a lifetime presidency possible. Iran reports 881 new confirmed cases and 54 more COVID-19 deaths, the highest number of deaths in a single 24-hour period in the country to date, bringing the total to 8042 cases and 291 deaths.

11th: The bond market falls, in the first time since the financial crisis of 2007–08 that the stock and bond markets moved in the same direction. American film producer Harvey Weinstein is sentenced to 23 years in prison for two felony sex crimes. The world's largest annual video game industry event E3 2020 is officially cancelled due to concerns over the coronavirus.

12th: Black Thursday - All three major United States trading indexes fall 7% during early trading, leading to a 15-minute trading halt. They all closed over 9% down. The Dow Jones Industrial Average falls by 10%, the largest one-day percentage drop since ... 1987. First day where every story on Wikinews is coronavirus-related.

13th: Delta Air Lines says it will cancel all flights to Europe for the next 30 days. Florida, Arizona, Illinois, and Ohio will proceed having Democratic Party primaries despite the coronavirus outbreak. Astronomers discover 139 new "minor planets" in the Solar System that are beyond the orbit of Neptune.

14th: A total of 16 U.S. states have closed all of their schools. Italy's Ministry of Health reports 250 more deaths from COVID-19, the highest number of deaths in a single 24-hour period in the country to date. The Mayor of Bergamo Giorgio Gori says churches are now being used to store dead bodies as the city's morgues are full.

15th: The first one-on-one debate of the 2020 Democratic presidential primaries takes place between former Vice President Joe Biden and Senator Bernie Sanders in Washington, D.C., instead of Arizona as originally scheduled and without an audience as a result of the ongoing coronavirus pandemic. The American Centers for Disease Control and Prevention issues a recommendation to suspend gatherings of 50 or more people for the next two months. The governors of five states: California, Ohio, Illinois, Washington and Massachusetts, order bars and restaurants to close in response to the pandemic.

16th: The Dow closes 2,997 points or 12.9% lower - its largest daily points movement. The U.S. has 4,459 confirmed cases of COVID-19 as of today, resulting in 86 deaths. West Virginia remains the only state with no confirmed cases.

17th: The Senate of Spain ratifies North Macedonia's accession protocol for NATO, becoming the last of NATO's 30 members to do so. New England Patriots quarterback Tom Brady announces he will not re-sign with the team, and will instead select free agency. West Virginia confirms its first case of COVID-19, becoming the last U.S. state to do so. Governor Jim Justice ordered restaurant dining rooms, bars, and casinos to close for two weeks.

18th: An earthquake with a magnitude of 5.7 hits Salt Lake City, Utah, with several aftershocks reported and tens of thousands of residents left without power. The earthquake is the largest in the state since the 1992 St. George earthquake. COVID-19 cases in Washington exceed 1,000. The United States reports its 150th death from COVID-19, with a total of at least 9,400 confirmed cases nationwide.

19th: Tulsi Gabbard ends her presidential campaign in the 2020 presidential election U.S. President Donald Trump calls for the Syrian government to release journalist and veteran Marine Austin Tice, arguing the "U.S. has done a lot for Syria". U.S. Senate Republicans unveil a $1 trillion economic stimulus package proposal to aid businesses and the American public during the coronavirus pandemic.

20th: The parliament of Ghana votes to legalize the medical and industrial use of cannabis. Madagascar confirms its first cases of COVID-19. The United States moves Tax Day from April 15 to July 15 due to the spread of the coronavirus.

21st: China reports zero domestic cases of COVID-19 for a third consecutive day. Yonhap News Agency reports that North Korea has fired two projectiles from Pyongan Province into the Sea of Japan. Ketchikan, in Southeast Alaska, shelters in place after six people test positive for COVID-19 in the town of 8,000 residents.

22nd: Pope Francis, in a call for a worldwide prayer, announces he will hold a special service to pray for the end of the coronavirus pandemic. The U.S. Senate votes down a coronavirus relief stimulus bill. Former film producer and convicted sex offender Harvey Weinstein tests positive for COVID-19. He is put in isolation at the Wende Correctional Facility.

23rd: Colorado abolishes the death penalty and commutes sentences of death row inmates. The ancestor, Ikaria wariootia, of all animals with a bilateral body plan is discovered as a fossil in rocks of South Australia. Rapper-turned-informant 6ix9ine requests an early prison release over fears of COVID-19.

24th: I'm allowed to work from home starting today. In Lynchburg, Virginia, Liberty University reopens, despite the coronavirus. The 2020 Summer Olympics has been postponed to 2021 in response to the coronavirus pandemic.

25th: Turkey indicts 20 Saudis for the assassination of Jamal Khashoggi. None of them are Prince Mohammad bin Salman. The United States has its deadliest COVID-19 day to date, with 223 related deaths. New York City records 81 more deaths from COVID-19, bringing the city's death toll to 280. Mayor Bill de Blasio has warned that more than half of all New Yorkers could become infected.

26th: The United States Space Force launches its first satellite into space aboard a Atlas V rocket. A bomb explodes near a Sikh crematorium in Kabul, wounding a child and disrupting funerals for 25 people bombed and shot the day prior. 2020 G20 Riyadh summit - World leaders convene virtually to coordinate a response to the ongoing coronavirus pandemic. The death toll from COVID-19 in the U.S. reaches 1,200. The total number of cases in the country is 83,097. The U.S. has surpassed China in number of active cases, making it the country with the most cases in the world.

27th: Pope Francis delivers a special Urbi et Orbi blessing in an empty Saint Peter's Square, praying for the end of the coronavirus pandemic and offering a plenary indulgence to repentant sinners. The House of Representatives passes a $2 trillion stimulus relief bill as an effort to save the economy during the coronavirus pandemic. President Donald Trump signs the bill. Uzbekistan reports the first death from COVID-19, a 72-year-old woman with underlying health conditions in the city of Namangan. The USNS Mercy, which has 1,000 beds, arrives in Los Angeles to offer assistance during the COVID-19 crisis.

28th: In a televised address, Houthi leader Abdul-Malik Badreddin al-Houthi offers to release five Saudi prisoners of war in exchange for the release of dozens of Palestinian activists convicted by Saudi Arabia earlier this month. New York postpones its primary from April 28 until June 23 due to the COVID-19 pandemic.

29th: North Korea fires two short-range ballistic missiles into the ocean, the latest in an unprecedented flurry of launches. Both South Korea and Japan condemn the launching. New York Governor Andrew Cuomo extends the stay-at-home order for non-essential workers to April 15.

[myashpal]

Counting the zeros of 2,00,00,00,00,00,000 in 2020.

The ‘fiscal stimulus’ package of nearly ₹20 lakh crore that was announced on May 12th, by our honourable Prime Minister, is not actually as relieving as it sounds. There will be nothing wrong if I say that the package is transcendent for the ‘Headline Management’ rather than crisis management and it was all about marginalising the screen time of migrant labour distress. It should be kept in mind that the Union budget for year 2020-21 was ₹30.4 lakh crores (to be very precise ₹30,42,230 crores), which is approx. 15% of the GDP of the country. Total GDP of India is ₹190.54 lakh crores (US$ 3.2 trillion)

Last year central government announced a package of ₹100 lakh crores for infrastructure development projects. Now the question arises that if the last years budget of the government was ₹30.4 lakh crore, then how can it announce a package of worth ₹100 lakh crores? Well, “la risposta si trova qui!” (the answer is here!)

In that package the total budget expenditure of the government (in simple term — engagement of govt. money) was only about ₹7,000-8,000 crores and the remaining amount was to be financed to infrastructure companies by banks as loans. The banks didn’t financed the infrastructure projects because they found that many of the infrastructure companies were already running in huge losses and were turning into NPA’s. As a result, that package halted there only.

Structure of the so-called 20 lakh crores package (as per announced by govt.) —

March 26th, 2020 - ₹1.92 lakh crores

May 06th, 2020 - ₹8.1 lakh crores (by RBI)

May 13th, 2020 - ₹5.94 lakh crores

May 14th, 2020 - ₹3.10 lakh crores

May 15th, 2020 - ₹1.5 lakh crores

May 16th, 2020 - ₹81,000 crores

May 17th, 2020 - ₹40,000 crores

The fact here to be remembered is that - ‘currently we need to restart our economy, not to stimulate it.’ Stimulation is provided when a running economy is going through a slowdown. Presently, we are at 0% growth where all the business enterprises were fully shut since more than 50 days. A slowdown could be stimulated, but not breakdown.

There are three kinds of packages —

Fiscal package - expenditures from the government's earnings for public in form of tax subsidies, direct transfers and injecting funds directly in the economy.

Financial package - government asks banks to provide finance to citizens for boosting economy by liberalising rules for loans or sometimes acting as a guarantor to banks.

Monetary package - RBI decides to infuse liquidity in the economy by reducing repo rate**, so banks can provide loans to public at lower interest rates.

A ‘financial package’ can’t be termed as ‘stimulus’ package because the process of granting a loan entirely depends upon the bank, it is a transaction between a bank and the applicant. Government here, can only be a facilitator among both. Whether bank will sanction/provide a loan or not, depends fully upon the credibility of that applicant.

On May 13th, finance minister Nirmala Sitharaman announced that ₹3.7 lakh crores from the total package of ₹20 lakh crores, would be provided to MSME (Micro, Small and Medium Enterprise) sector as debt finance (loans), guaranteed by the central government. She also added that a 12 month moratorium period will be provided to Small Enterprises.

It must be committed to the memory that — ‘moratorium’ will only be for the principal amount but the interest calculated by banks would be on a ‘compounding’ basis. Compounded calculations of interest for 12 months for a Small Enterprise is not an easy play, where interest rates would be decided by the banks. This package was entirely dependent on the sole discretion of banks, whether to provide loans or not and also upon the enterprise’s willingness to take up a loan. The entire focus of this package is only upon — loan, loan, cheap loan, MSME loan and loan. People are being pushed to a system which is entirely based upon the ‘debt/credit finance’.

Post 9 to 12 months scenario due to this package :

After the period of about one year, we might experience that a majority of depositors will be seen, whose deposits will get eroded in terms of interest. They will not even be getting as much returns as their cost of living or inflation would have been. SBI had reduced its interest rates on the fixed deposits thrice, in the last 4 months.

Indian banks who were already trapped in a web of bad debts will be groaning, because of distribution of these new loans. It is also possible that we may experience a completely new explosive form of debt crisis.

There is also a possibility of bank loan scams making a comeback in the Indian economy on an extensive scale because of political interference for compelling banks to provide loans to the dear ones or relatives of the politicians.

Till February 2020, Indian banks were already burdened with NPA’s of ₹9.9 lakh crores, and government was pressurising them for not sanctioning any more loans because of the growing numbers of NPA’s & frauds. Government was telling banks to clear their balance sheets by various means — bankruptcy code, writing off loans, putting provision funds for bad debts, creating bad banks etc. India’s major pre COVID economic highlights were only about ‘troubles of the banking sector’.

Just with the outbreak of COVID-19, the very first steps took by the RBI were — releasing liquidity of ₹4 lakh crores to banks to provide economic stimulus to various sectors as loans and, reducing the repo rate from 5.15% to 4.40% (cutting it by 75bps), it was the lowest in the history of the Reserve Bank of India. As a result, all the retail loans also hit the record low (in rates and demand), ever since 2009. Finance Minister admitted that banks are sanctioning loans but consumers are not willing to take them. Even one-third amount of the funds that RBI released for various sectors (Mutual Funds, NBFC’s, DISCOMs) were not used by the banks.

On May 4th, 2020, banks returned ₹8.54 lakh crores to the RBI via ‘reverse repo’ window. So, the RBI slashed reverse repo rate window because of this. On this event, FM Nirmala Sitharaman told that banks are not distributing loans and are keeping funds with the RBI. The banks were provisioning funds for future balancing for NPA’s and moratoriums, amid this, the RBI announced that it will not provide any dividends for the current year. Banks were calculating the losses that they had to bear in the coming year due to bad loans & NPA’s.

Suddenly, out of the way, May 12th, 2020 on 20:20hrs, a relief package of ₹20 lakh crores descended, and was announced with idea of “AatmaNirbhar Bharat” (Self-reliant India) by the PM Narendra Modi and was quoted as — “20 lakh crore in 2020”.

The basic default rate in India is close to 15%. So, if we calculate the maximum risk on the government for MSME sector package of ₹3.70 lakh crores, it will be around ₹15,000 - ₹20,000 crores. That also on a condition — ‘if’ these loans will get disbursed and get default, then only these would be repaid from the government treasury. The intent of government was not clear on emphasis to provide new loans to the bad MSME’s which are already in default and running in losses.

The contradiction and ridiculousness —

Just before a month from now (in April 2020), the government was directing banks to pause recoveries/provide moratoriums for a period of 3 months to the people and industries because they hadn’t performed any business operations as everything was completely closed due to the nationwide lockdown. And now (May 2020), the government is telling for those same industries, to take up a new loan to restart their business operations. It is quite obvious in nature that any enterprise will primarily focus to repay the existing/ongoing loans rather than taking up a new one.

The total amount of loans distributed in the Indian Banking System (IBS) is nearly ₹93.8 lakh crores, in this, ₹56 lakh crores is distributed to large industries, ₹11.8 lakh crores to agriculture industry and ₹26 lakh crores are personal/other retail loans including loans to small industries. The small industries for whom the package of ₹3.7 lakh crores was announced, are the industries that are already in debts of ₹10 lakh crores.

Till February 2020, these small industries were requesting the governments for restructuring of their loans and stop recoveries as they were going through a very bad phase due to the slowdown, since 2 years. Now the question is, Why the enterprises who were unable to repay their existing loans and demanding for restructuring of their loans in normal days, would take a new loan in a juncture when there is total ‘uncertainty’ for demands and supplies? Many industrial reports had caveated that a large number of defaults in retail loans will take place in the coming 6-9 months because of the unemployment occurred and occurring during & after the lockdown. The major problem of the Indian economy before the COVID-19 was only the debt-crisis — the debts in company’s accounts, debts in bank’s accounts, debts in state and central government’s accounts, and when the people were already struggling hard to get rid of the debt cycle; they suddenly are being sent back to a system where they should be going to take up another new debt, due to COVID-19 crisis. At last, I would conclude myself with the famous lines of the scholar ‘Nassim Nicholas Taleb’, — “The solution for a debt-crisis in any economy, cannot be a new debt”.

- M. YASHPAL

[econ23econlive]

The Amplification of the Durable Good During COVID-19

This last summer, facing the prospect of finishing my remaining 2 years of college in-doors, I decided to splurge on electronics-- the usual colorful desktop computer and nice new phone. It was during this time, where I was doing plenty of online shopping, that  I noticed something peculiar about the market-- clearly lots of people were  doing exactly what  I was doing, and also, prices were skyrocketing for not just electronics, but other similarly durable goods. When prompted to for this class, I went back to do research on why that is... 

Recent data suggests that COVID-19 had a profound impact on, among other things, the consumer spending on ‘durable goods’ which are goods that typically cost more than everyday supplies or morning coffee and are used for prolong periods of time before needing replacement or upkeep. Kitchen appliances, motor vehicles, sports equipment, furniture, and electronics for example are all durable goods that  fit the description provided above (Scopelliti).

During times of economic uncertainty similar to coronavirus times, it has been shown that spending on durable goods contracts. Below is a figure that shows the typical trend of consumption of durable goods decreasing during times of  recession using the 2008 housing crisis as an example. 

( David Berger, Joseph Vavra 03 July 2014,Durable consumption during recessions) 

This trend is true of the sample in most cases of economic uncertainty. During COVID however, this trend has shown to be reversed. And why is that? 

The pandemic presents  a unique contemporary economic scenario  where there is simultaneously a rise in disposable income and a reduction in gross domestic product and employment --real disposable income rose 3.9% in the 4th quarter of 2020 from the year previous, and real GDP declined 2.4% and non-farm payroll employment declined by 6.0% (Tauber and Zandweghe). 

Tauber and Zandweghe present two different models for explaining this difference, the first is that  lockdowns and social distancing shifted consumer demand away from services toward durable goods. This naturally leads to a rise in durable good spending because the allocated disposable incoming is no longer disposable towards durable goods. The other is that an increase in disposable income resulting from fiscal policy measures stimulated consumption expenditures, including those on durable goods (Tauber, Zandweghe). Staying indoors more meant electronics and sporting equipment increased in substitute for services provided. And more spending on motor vehicles, homes, and furniture stemmed from the increase in disposable income with ‘substitution away from public transit’ not having an effect on the aggregate level. 

Another interesting note, referring to Figure 2. above, is the increase in spending for business owners  whom received stimulus  packages. Shown above, with each stimulus came a rise in durable good spending. 

So, in conclusion, much of the increased spending on durable goods during the pandemic can be  attributed to the increase in disposable income and preference towards substitute goods that help consumers  adhere  to social distancing regulations. These novel changes in micro and macroeconomics will likely subside in the near future as increased vaccination status of the population status and stir craziness pushes people back into public settings. 

Sources

-COVID-19 causes a spike in spending on durable goods, Demetrio Scopelliti

- Why Has Durable Goods Spending Been So Strong during the COVID-19 Pandemic? Kristen Tauber, Willem Van Zandweghe 

Ryan Fekrat 

ID#: 20007456 

62050

[vasewall34]

World Economy To Top $100 Trillion In 2022 For First Time

In 2019, Maryland was ranked 4th in the WalletHub Innovation Index of Most Innovative States. These rankings are based on 24 "innovative-friendly" indicators, including number of Science, Technology, Engineering and Mathematics professionals as well as research and development (R&D) spending. The IRS mailed Notice 1444-C to people who received a third Economic Impact Payment. Economic Impact Payments are funds to help people during the coronavirus pandemic. Head to NOAA's Digital Coast to explore basics of our coastal and ocean economy , how to use our data and information products, and more. Elite benefits may vary for flights marketed and / or operated by our partners.

After Saudi Arabia, Now Maldives has decided to distribute Blanket and Maflar to #Pakistan🇵🇰. Due to severe cold and poor economy, even Uzbekistan decided to provided monkey cap. Good morning ❤️

— Ghafoor🇵🇰 E Asif (@TharkiGhufoor) December 29, 2021

We promote the transition to economies that are low carbon, resource efficient and socially inclusive. One of Sen. Joe Manchin’s main concerns in deciding to pull his support for President Joe Biden’s Build Back Better plan is that it would drive up inflation. Biden said that retail inventories are up 3 percent from last year and on-shelf availability for products is at 91 percent, close to where it was before the pandemic. Manchin said Sunday he won't vote for Biden's big social and climate bill. While some Republicans crossed over to back the bipartisan infrastructure bill, the party has been uniformly opposed to the larger social-spending package. These smaller and less accepted currencies are often converted to U.S. dollars before proceeding with any business or trade dealings. This is why, although Asian economies tend to have neighboring states as their top trade partners, they still engage in a massive portion of these transactions with the U.S. greenback as the currency of choice. Some economists argue that the demand for currencies in the long run revolves around the economic relevance of a country. In general, the larger and more powerful a nation’s economy is, the greater the network effect, and the more interlinked they are to the global economy. Thus, the greater demand there is to hold their currency in reserve.

The Federal Reserve

We can sort experiences into four broad categories according to where they fall along the spectra of the two dimensions. Educational events—attending a class, taking a ski lesson—tend to involve more active participation, but students are still more outside the event than immersed in the action. Escapist experiences can teach just as well as educational events can, or amuse just as well as entertainment, but they involve greater customer immersion. Acting in a play, playing in an orchestra, or descending the Grand Canyon involve both active participation and immersion in the experience. But central banks will face some tricky decisions if inflation proves more ingrained than they envisage. Just before Christmas, Saxo bank came up with its 10 “outrageous” predictions of unlikely but under-appreciated events for 2022 and one of them was a wage-price spiral in the US sending inflation in the world’s biggest economy above 15%. Even a much more modest rise would cause the Fed to tighten policy aggressively. Today the range of fields of study examining the economy revolves around the social science of economics, but may include sociology , history , anthropology , and geography . Practical fields directly related to the human activities involving production, distribution, exchange, and consumption of goods and services as a whole are engineering, management, business administration, applied science, and finance.

An example of payments efficiency can be seen during the onset of the COVID-19 pandemic, when some Americans failed to receive their stimulus check. A functioning rollout of a CBDC and a more direct relationship with citizens would minimize such a problem. To better understand a CBDC, it helps to first understand the taxonomy of money and its overlapping properties. Due to the economic strength of the United States in the post-WWII era, the dollar is what economists call a vehicle currency. Today’s motion graphic from James Eagle looks at the year-over-year change in currency reserves as a portion of total reserves, spread across 120 years. Over the last 120 years, the popularity of different reserve currencies have ebbed and flowed, reflecting the shifting fortunes of leading global economies.

Inside Economics Podcast Series

Releasing the sanctions could be viewed as recognition of the Taliban as the legitimate rulers of Afghanistan, a symbolism that could cement negative attitudes about the administration and its Afghanistan policy. Senate Republicans, led by Sen. Mitt Romney, R-Utah, and Sen. Jim Risch, R-Idaho, have released demands that the administration go even further in sanctioning the Taliban, including any foreign governments that provide support to Afghanistan. The far-reaching sanctions, along with a Biden administration decision to freeze nearly $10 billion of Afghanistan’s central bank national reserves, sent the economy into free fall. NOS brings a unique range of information and capabilities to help communities prepare for, respond to, and recover from these events. For example, NOS maintains the nation's network of coastal tide and water level sensors to provide real-time data that supports accurate weather forecasts, coastal storm and flood predictions, and tsunami warnings. NOS provides data and tools that enable businesses and coastal communities to better plan for and mitigate risk from changing conditions. The agency provides information and data to protect human health and coastal economies with early warnings of harmful algal blooms and other threats.

How does the economy affect everyday life?

Economics affects our daily lives in both obvious and subtle ways. From an individual perspective, economics frames many choices we have to make about work, leisure, consumption and how much to save. Our lives are also influenced by macro-economic trends, such as inflation, interest rates and economic growth.

As such, integrating the informal economy into the formal sector is an important policy challenge. Informal economic activity is a dynamic process that includes many aspects of economic and social theory including exchange, regulation, and enforcement. By its nature, it is necessarily difficult to observe, study, define, and measure. No single source readily or authoritatively defines informal economy as a unit of study. Economics is a branch of social science focused on the production, distribution, and consumption of goods and services. We'll also benefit from the economies provided by more efficient energy sources. December 13, 2021 • Days after withdrawing her nomination to become a key banking regulator, Omarova blames banks for distorting her research and creating an ugly environment. December 15, 2021 • The recruiting message for the National Guard, "one weekend a month, two weeks a year," is well known. Today on the show, we discuss the growing discontent among Guard members and why some want to unionize. December 16, 2021 • The plan is part of the Biden administration's efforts to improve the nation's ongoing supply chain problems. The World Bank and the International Monetary Fund are already warning of increased debt distress. Many food manufacturers say they plan to raise prices in 2022 for a range of products from macaroni-and-cheese to snacks, the latest sign that consumers will continue to face higher costs at the supermarket. Ryan contributes regularly to Economic View and is a member of the U.S. macroeconomics team in West Chester PA. His areas of specialization include the U.S. economy, monetary policy, capital markets and forecasting h... Economic activity is spurred by production which uses natural resources, labor and capital. It has changed over time due to technology, innovation such as, that which produces intellectual property and changes in industrial relations . Economic agents can be individuals, businesses, organizations, or governments.

What does GDP stand for?

One of the most common is GDP, which stands for gross domestic product. It is often cited in newspapers, on the television news, and in reports by governments, central banks, and the business community. It has become widely used as a reference point for the health of national and global economies.

For the economy to feel healthy again, the world needs to pull together to overcome the human health crisis first. Before a company can charge admission, it must design an experience that customers judge to be worth the price. Excellent design, marketing, and delivery will be every bit as crucial for experiences as they are for goods and services. General Electric’s GE Capital unit and the financial arms of the Big Three automakers are cases in point. Likewise, it’s an indication of the immaturity of the experience economy that most companies providing experiences—like the Hard Rock Cafe, the Geek Squad, or Silicon Graphics—don’t yet explicitly charge for the events that they stage. Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Have you ever been unsure how to find your hotel room, even after the front-desk staff provided detailed directions? Better, clearer cues along the way would have enhanced your experience. Standard Parking of Chicago decorates each floor of its O’Hare Airport garage with icons of different Chicago sports franchises—the Bulls on one floor, the White Sox on another, and so forth. “You never forget where you parked,” one Chicago resident remarked, which is precisely the experience a traveler wants after returning from a week of travel. While the theme forms the foundation, the experience must be rendered with indelible impressions. Impressions are the “takeaways” of the experience; they fulfill the theme.

Just before Christmas, Saxo bank came up with its 10 “outrageous” predictions of unlikely but under-appreciated events for 2022 and one of them was a wage-price spiral in the US sending inflation in the world’s biggest economy above 15%.

Lehman Brothers filed for bankruptcy in 2008 at the height of the financial crisis.

The finance, insurance, and real estate ($4.7 trillion) industries add the most to the country’s economy, followed by professional and business services ($2.7 trillion) and government ($2.6 trillion).

An early look at the characteristics of experiences and the design principles of pioneering experience stagers suggests how companies can begin to answer this question.

People have already queued to enter the Niketown on Chicago’s Michigan Avenue.

For example, in the year 1900, the U.S. dollar and pound sterling made up 0% and 62% of global reserves respectively. But fast forward to 2020, and the pound now represents just 4.7% of global currency reserves, while the U.S. dollar stands at nearly 60%. The largest economy in Europe is Germany, which exports roughly 20% of the world’s motor vehicles. China’s economy is second in nominal terms, hovering at near $17 trillion in GDP. In this area, we provide a series of resources that can give you a better understanding of the trends and events that affect our state — and your wallet. Despite a supply chain crisis that has upended sectors of the U.S. economy, holiday retails sales this year increased 8.5% compared with last year, according to the latest figures released by MasterCard. The report showed Germany was on track to overtake Japan in terms of economic output in 2033.

#economy

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http://nba.com BREAKING NEWS! MORE STIMULUS NEEDED! 4th Stimulus Package + $500 Checks + New Inflation Report https://www.youtube.com/watch?v=DcIBdrfHBnQ&utm_source=dlvr.it&utm_medium=tumblr https://2k.com

[msnbcnews05]

http://nba.com BREAKING NEWS! MORE STIMULUS NEEDED! 4th Stimulus Package + $500 Checks + New Inflation Report https://www.youtube.com/watch?v=DcIBdrfHBnQ&utm_source=dlvr.it&utm_medium=tumblr https://2k.com

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FINALLY!! THEY PASSED IT! 4th Stimulus Package Update + Debt Ceiling Deb...

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Asia Pacific Gas Sensors Market Revenue to Surpass $350 Million by 2026

According to a recent study from market research firm Graphical Research, the Asia Pacific gas sensors market size is poised to expand at substantial CAGR during the forecast period. The trend for smart manufacturing and industrial automation will propel Asia Pacific gas sensors market share. Governments have upped focus on smart manufacturing facilities to bolster consumer base in the industrial sector. Specifically, the Government of South Korea laid out a plan in December 2018 to construct 30,000 smart factories by 2022. The government will focus on small and mid-size (SME) manufacturing capabilities.

According to the 2020 report of the International Energy Agency Coal, APAC reigned supreme with close to 3/4th of global coal production in 2019. China was the largest producer of coal with 46% of the total coal production.

Get sample copy of this research report @ https://www.graphicalresearch.com/request/1739/sample

Given that coal mines produce toxic compounds and gases, including hydrogen sulfide, methane, carbon dioxide gas and carbon monoxide, demand for gas sensors has surged in the past several years. According to an estimate, Asia Pacific gas sensors market size will surpass USD 350 million by 2026.

The trend for infrared sensors will be pronounced owing to the infrared (IR) technology’s faster response time and high accuracy vis-à-vis electrochemical sensors. It is worth noting that infrared gas sensors are sought-after during the combustible gases’ leakage, boosting their popularity in pressure vessels, furnace and boilers in petrochemical industry.

The market share from the infrared Asia Pacific gas sensors market will grow at a robust CAGR of more than 7% through 2026. The emergence of the non-dispersive infrared (NDIR) technology will further add fillip to the industry size expansion. To illustrate, Asahi Kasei Microdevices Corporation (AKM) developed 3 new gas sensors with NDIR technology for detection of flammable gases, including Propane, Propylene gases and Methane gas.

Adoption of NOx sensors will gain impetus from rising automotive applications across the region. In a bid to contain fuel emissions, regional automotive manufacturers such ass Nissan, Hyundai Motor Company are increasingly integrating NOx gas sensors into their vehicles. Asia Pacific gas sensors market share from the NOx sensor segment is likely to expand at a robust CAGR of more than 5% through 2026.

Use of wireless connectivity is likely to be noticeable to bolster the adoption of monitoring equipment and remote gas sensing in sectors, including petrochemicals, manufacturing and process industries. Leading manufacturers such as Honeywell International Inc., Emerson Electric C0., and Siemens are profoundly adopting integrating wireless technology to bolster sensor offerings. For instance, Emerson Electric Co., rolled out its gas sensors integrated with wireless connectivity platform. In terms of share, the wireless connectivity segment logged more than 70% in 2019 and will expand at a strong CAGR of 7% through 2026.

Stakeholders are likely to infuse funds in India in the wake of robust government initiatives in the oil & gas infrastructure. Specifically, Government of India announced in February 2021 to pour around USD 103.3. billion to develop oil and gas infrastructure across the length and breadth of the country in the next five years. In terms of revenue, India gas sensor market was pegged at more than 10% share in 2019 and will expand at a 6% CAGR through 2026.

Japan will provide revenue-boosting opportunities with expanding government initiatives to boost air quality index. Notably, the Japanese government came up with a stimulus package of USD 708 billion in December 2020 to minimize active carbon emissions and bolster digitalization. Japan gas sensors market witnessed more than 15% revenue share in 2019 and will grow at a notable rate by 2026.

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Prominent companies are likely to emphasize new product launches, collaboration and innovations. Some of the key industry players in the landscape are Siemens, Gas Sensing Solutions Ltd., Figaro Engineering Inc., SENSEAIR and Yokogawa Electric Corporation and Dragerwerk AG & Co., among others.

Table of Contents (ToC) of the report:

Chapter 1   Methodology and Scope

1.1    Research methodology

1.2    List of data sources

1.2.1    Secondary

1.2.2    Primary

Chapter 2   Executive Summary

2.1    Asia Pacific Gas Sensors Market snapshot

Chapter 3   Asia Pacific Gas Sensors Industry Insights

3.1    Industry coverage

3.2    Industry size, 2016 – 2026

3.3    Impact of COVID-19 pandemic

3.4    Value chain analysis

3.5    Innovation landscape

3.6    Regulatory norms & directives

3.7    Drivers & restraints

3.7.1    Market drivers

3.7.2    Market restraints

3.8    Industry analysis - Porter's

3.9    Competitive benchmarking, 2019

3.9.1    Strategy dashboard

3.10    PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.graphicalresearch.com/table-of-content/1739/asia-pacific-gas-sensors-market

About Graphical Research:

Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

Contact Us:

Parikhit B.

Corporate Sales,

Graphical Research

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Email: [email protected]

Web: https://www.graphicalresearch.com

#Asia Pacific Gas Sensors Market Analysis #Asia Pacific Gas Sensors Market by Type #Asia Pacific Gas Sensors Market Share #Asia Pacific Gas Sensors Market Development

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YES! 4th Stimulus Check Update & Stimulus Package Update | Inflation & M...

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