The Union Ministry of Ayush (MoA) is working closely with the World Health Organization (WHO) to develop an International Herbal Pharmacopoeia (IHP) to set global quality and efficacy standards for

Antimicrobial resistance could claim 39 million lives by 2050, yet the pipeline for new antibiotics is drying up. U.S. policy makers can help fix it

India accounts for per cent of the global total carbon dioxide (CO2) emissions, and it is expected to increase by 4.6 per cent in 2024, according to a new report released on Wednesday, ahead of the UN climate conference in Baku, Azerbaijan.

1. Lancet study says about a quarter of diabetics globally are Indians  The Indian Express
2. Indians account for quarter of world’s adult diabetes patients: Lancet study  Hindustan Times
3. India capitalof untreated diabetics: Lancet  The Times of India
4. Large gaps in diagnosis, effective treatment: World's largest number of diabetic patients in India  Deccan Herald
5. More than 800 million people around the world have diabetes, study finds  The Guardian

Want to open a franchise outside the U.S., or just buy into a brand known around the world? This list is for you.

Vânzările globale de automobile complet electrice şi vehicule hibride de tip plug-in au crescut cu 35% în luna octombrie a acestui an comparativ cu aceeaşi lună a anului trecut, graţie în primul rând unui salt de 54% al vânzărilor de pe piaţa chineză, arată cifrele publicate de firma de cercetare de piaţă Rho Motion. Potrivit ...

The post Vânzările globale de automobile electrice și hibride, în creștere cu 35% în octombrie appeared first on Forbes Romania.

The number of skilled Indian workers in Germany has increased to 1.3 lakh from 23,000 a decade ago

The study, published online in the Elsevier journal, was conducted on records of rainforests in sediments from Gujarat’s Vastan coal mines deposited in coastal lagoons around 56 million years ago

With this project, TPREL’s total renewable capacity reaches 10.9 GW, reinforcing its position in India’s journey towards a greener energy future.

Global collection of Amaran in the first 11 days was ₹248 crore, which was far less than the Vijay starrer The GOAT that had a whopping collection of ₹397 crore but ahead of Rajinikanth’s Vettaiyan at ₹225 crore, according to data

According to a UN report released last month, India's greenhouse gas emissions surged by 6.1 per cent in 2023, contributing to 8 per cent of the global total

The company will consider spreading wings to one more such location, in addition to Mahbubnagar where it has about 350 employees

The expansion aims to double the facility’s size, creating 167 new jobs, and enhance production capacity for automatic transmissions in response to growing global demand

The first concert on November 15 will feature tunes from Tamil and Hindi films, followed by tributes to Coldplay, Mozart, Queen, and Abba in the upcoming months

The BSE Sensex fell 189.68 points or 0.24 per cent to 78,485.50, while the NSE Nifty declined 98 points or 0.41 per cent to 23,785.45 in early trade

UK-based payments processing platform CLOWD9 has entered into a...

Greenman, J W; Rainbird, R H; Turner, E C. Precambrian Research vol. 346, 105816, 2020 p. 1-17, https://doi.org/10.1016/j.precamres.2020.105816
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/20200113.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/20200113.jpg" title="Precambrian Research vol. 346, 105816, 2020 p. 1-17, https://doi.org/10.1016/j.precamres.2020.105816" height="150" border="1" /></a>

Elkins-Tanton, L T; Grasby, S E; Black, B A; Veselovskiy, R V; Ardakani, O H; Goodarzi, F. Geology vol. 48, no. 10, 2020 p. 986-991, https://doi.org/10.1130/G47365.1
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/20190638.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/20190638.jpg" title="Geology vol. 48, no. 10, 2020 p. 986-991, https://doi.org/10.1130/G47365.1" height="150" border="1" /></a>

Sun, R; Shen, J; Grasby, S E; Zhang, J; Chen, J; Chuang, Y; Yin, R. Precambrian Research vol. 383, 106891, 2022 p. 1-9, https://doi.org/10.1016/j.precamres.2022.106891
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/20220487.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/20220487.jpg" title="Precambrian Research vol. 383, 106891, 2022 p. 1-9, https://doi.org/10.1016/j.precamres.2022.106891" height="150" border="1" /></a>

Wu, Y; Yin, R; Li, C; Chen, D; Grasby, S E; Li, T; Ji, S; Tian, H; Peng, P. Earth and Planetary Science Letters vol. 587, 117551, 2022 p. 1-10, https://doi.org/10.1016/j.epsl.2022.117551
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Re-release; Larmagnat, S; Lavoie, D. Sedimentary basins of northern Canada: contributions to a 1000 Ma geological journey and insight on resource potential; by Lavoie, D (ed.); Dewing, K (ed.); Geological Survey of Canada, Bulletin 609, 2022 p. 185-213, https://doi.org/10.4095/326091
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Descartes Systems Group has acquired Sellercloud, a provider of omnichannel ecommerce solutions.

Amazon.com, Inc. has  announced financial results for its first quarter ended March 31, 2024.

At the recently held myDHLi Digital Summit 2024, DHL presented key improvements and innovations for its myDHLi customer portal along three dimensions: ease of use, resilience and sustainability.

ePost Global has announced the launch of Canada eDGE, a new service designed to streamline domestic and cross-border eCommerce within Canada.

A new study highlights how some marine life could face extinction over the next century, if human-induced global warming worsens.

1. India tops global diabetes list with 212 million cases in 2022: Lancet Study  The Economic Times
2. Don’t follow self-healing methods to control diabetes, says diabetologists  The Hindu
3. Combat diabetes with urgent lifestyle changes: Experts  The Times of India
4. Indians account for quarter of world’s adult diabetes patients: Lancet study  Hindustan Times
5. Rice University’s ROGUE device implants a ‘living pharmacy’ to combat diabetes and obesity  Express Pharma

1. Global carbon market gets green signal at COP29 under Paris Agreement's Article 6  The Hindu
2. Why India and China have pushed against climate change-related trade measures at COP29  The Indian Express
3. COP29: G77, China agree to use new NCQG draft text as basis for finance negotiations  The New Indian Express
4. Video | UN Scientists Warn Of 'Rising Emissions' Worldwide  NDTV
5. COP29 gets momentum with consensus on creation of carbon credits standards, India wants to conclude work  The Times of India

Donald Trump’s policies risk making the US dollar a source of global instability Expert comment LToremark 13 November 2024

Although Trump favours a weaker exchange rate, his policies are likely to have the opposite effect. The risk is that the US dollar could become too strong, which is bad news for the global economy.

President-elect Donald Trump has a dollar problem. In recent months he has shown a clear preference for a weaker exchange rate to support the competitiveness of US exports and help reduce the US trade deficit. And yet, as the market has sensed since the US election, the much more likely outcome is that his policies end up strengthening the greenback. The risk is that the US dollar – which is expensive already – becomes more obviously overvalued, and this could increase the risk of global financial instability. 

The dollar has been on a rollercoaster ride in the past few decades. From 2002 until 2011, for example, the dollar weakened by around 30 per cent in inflation-adjusted, trade-weighted terms, according to BIS data. Yet in the years since 2011, the dollar has strengthened and is now at a more appreciated level than at any time since 1985.

What shapes this rollercoaster, broadly speaking, is the global balance of economic vitality: when the US economy gains momentum relative to the rest of the world, the dollar tends to strengthen; and vice versa. 

After China joined the WTO in 2001, the balance of economic vitality shifted decisively away from the US, in favour of China and other emerging economies. This was the decade of the commodity boom: the longest, biggest peacetime increase in commodity prices in nearly 200 years during which a sustained surge in China’s economy supported GDP growth across the developing world. The dollar weakened as a result.

But after 2011, a combination of factors – including the eurozone crisis and its aftermath, together with the sagging of the Chinese economy – tipped the balance of economic vitality back in favour of the US. The dollar strengthened once again.

And since both the European and Chinese economies remain very fragile, the balance of economic vitality seems likely to keep favouring the US dollar.

Two more considerations also point to a stronger US dollar under a second Trump administration.

The first is the exchange rate implications of Donald Trump’s proposed tariffs on imports. When the US imposes tariffs on a trading partner, the foreign exchange market tends to sell that trading partner’s currency, forcing it to weaken to offset the dollar-price increase induced by the tariff. This helps explain why the Chinese renminbi depreciated by some 10 per cent in 2018 after Trump began imposing trade restrictions on China in January of that year. 

More widespread tariffs on a whole range of US trading partners should therefore strengthen the dollar more broadly.

A stronger dollar should also result from the macroeconomic framework Trump seems likely to deliver. He will certainly want to extend his 2017 tax cuts beyond 2025 when they are currently due to expire, so a more sustained loosening of US fiscal policy seems likely. Since boosting the US economy will create inflationary pressure, the market will expect interest rates to end up higher than they might otherwise be. The resulting combination of looser fiscal and tighter monetary policy tends to be a stronger currency.

The dollar probably has a fair amount of room to keep going up, since it is not obviously overvalued just yet. The US current account deficit – the broadest measure of a country’s trade deficit, and a rough but useful measure of financial vulnerability – was a little over 3 per cent of GDP last year. 

This is around half the level it reached in 2006, just before the 2008 global financial crisis, meaning the risks arising from an overvalued dollar may be for the latter part of Trump’s second presidency.

A strengthening dollar is also not great news for the rest of the world economy. A strong dollar tends to depress global trade growth, restrict developing countries’ access to international capital markets, and make it more difficult for countries whose currencies will be weakening to keep inflation under control.

If and when the dollar becomes unsustainably expensive, a further problem will present itself: how to deal with an overvalued currency without risking a lot of financial dislocation.

This problem last occurred in early 1985, when the dollar was universally reckoned to be dangerously dear. At that time the US was able to call on trading partners who depended on the US security umbrella – the UK, Germany, France and Japan – to negotiate the ‘Plaza Accord’, which coordinated a series of interventions in the foreign exchange market that allowed the dollar to decline in a measured way.  

It is virtually unimaginable that something similar could be negotiated today, not least because Chinese policymakers believe that the post-Plaza strengthening of the yen in the late 1980s led to an economic disaster for Japan. Beijing will not play ball.

Without much scope for a negotiated decline in the dollar, more chaotic alternatives seem likely. 

One is that the market decides suddenly that it no longer has an appetite for expensive dollar-denominated assets, and this might lead to a messy adjustment in the foreign exchange market. 

Claudia Costa, from Brazil, discusses her personal journey to leadership in Europe and the unity believers share in the body of Christ.

Today, L&T technology Services Limited, an ER&D service provider to myriad technology continuum, inked a multi-million dollar contract with a giant global semi-conductor company.

World Trade Center is a global network of office complexes that has so far connected 330 cities in 100 countries across the world. It is managed and regulated by renowned World Trade Center Association...

International calling service Reliance Global Call on Friday launched 'RGC India app that enables direct dialing of international contacts without the need to enter toll-free or pin numbers.

India has been ranked at a lowly 25 among 27 pension systems globally while Denmark maintained the top position for the fifth year, says a survey.

International calling service Reliance Global Call on Friday launched 'RGC India app that enables direct dialing of international contacts without the need to enter toll-free or pin numbers.

Samsung is gearing up to launch next-gen Galaxy S25 series next year. While the brand hasn't shared any details regarding this, leaks and rumours have given us an idea of what to expect from the Galaxy S25 series models. Now, a

Emerging Markets and Developing Economies (EMDE) have been driving the growth in electricity grid length with rapid expansion from 2001, on increasing electrification. China leads the incremental transmission network put up in the last decade while India leads on the distribution side. India leads in Technical grid losses in T&D when compared with other countries. High-Voltage Direct Current (HVDC) transmission lines, thus, emerge as the most preferred transmission lines considering their lower losses and their suitability for long-distance power transfer

It was the same Publius who received the Apostle Paul during his shipwreck on the island as recounted in the Acts of the Apostles. According to the Acts of the Apostles, St. Paul cured Publius' dysentery-afflicted father. -- Book: by Rev. Alban Butler (1711-1773 A.D.). Volume I: January. "The Lives of the Saints" last published 1866. - St. Publius, Bishop and Martyr [died January 21, 125 A.D. in Athens, Greece] HE succeeded St. Dionysius the Areopagite in the see of Athens, as we are assured by St. Dionysius of Corinth, quoted by Eusebius. 1 He went to God by martyrdom, and Saint Quadratus was chosen third bishop of that city. See Le Quien, Or. Christ. t. 2. p. 169. Note 1. Euseb. l. 4. c. 23.

Revelwood, BlackLine to Help Midsize Companies Transform their Finance & Accounting Operations into True Modern Finance Organizations

At the time of a renewed push for equal pay, as well as the "Me Too" and "Time's Up" movements, WITHOrg, Women in Travel and Hospitality, is hosting their second summit aimed at driving workplace parity and leadership opportunities for working women.

The International Lawyers Network (ILN) announces its continued distinction as a 'Leading Law Firm Network' in the prestigious Chambers Global Guide for 2024. This esteemed recognition highlights the ILN's unwavering dedication to excellence and its prominent position within the global legal community.

From winning their middle school invention contest to triumphing in the Regional Invention Contest, Mia and Madison journey with their product to the global market is a testament to their exceptional talent!

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Baskits Inc. has announced its placement in the 2022 Report on Business ranking of Canada's Top Growing Companies for a third consecutive year.

ClimatePartner, a leading solutions provider for corporate climate action, is expanding its senior management team in the United States: Gregg Demers will be taking over as Head of ClimatePartner USA, a role previously held by Tristan A. Foerster, CEO and Co-Founder.

PMG Presse-Monitor has expanded its management team welcoming Michelle Harold as Vice President Global Sales to lead PMG's international sales team from 5 June. With her extensive experience in the digital transformation of content, Michelle will lead PMG's market expansion emanating from their ongoing investment and commitment to innovation in the conversion and provision of high-quality digital publishing content