Often considered to be an affordable, reliable heating and/or cooling system for a variety of commercial buildings, the standard rooftop unit used to come with a basic thermostat that is limited to turning the system on or off. The advent of new controls has changed all of that by allowing rooftops to monitor operation, analyze conditions, and make real-time decisions that can optimize performance.

There’s no doubt the connectivity of mobile devices has made our personal lives more convenient, but now they’re also helping make technicians more efficient, thanks to tool manufacturers developing wireless-enabled devices and test and measurement apps for download.

Contractors are seeking tools that are equipped to handle A2L refrigerants, offer Bluetooth and wireless compatibility, operate efficiently, save the user time, and are safe to utilize.

Contractors who are embracing the technological advancements say ignoring a new neighborhood of home automation products could be a big mistake.

Products are emerging that help simplify homeownership.

What is the best approach to providing a holistic smart home experience for consumers?

Sam Procter of the SEI discusses architecture design languages, specifically Architecture Analysis and Design Language, and how we can leverage the formal modeling process to improve the security of our application design and improve applications overall.

Expanded federal funding for child care ended Oct. 1, and in many cases, extended families, including grandparents, will shoulder the burden.

Leaders around the world have started sending their congratulations to Trump.

New Lesson Plans Entry: 'Connected speech in Financial English collocations' has just been added to the Lesson Plans area of UsingEnglish.com.

This technical article discusses the essentials of transformer differential protection and restricted earth fault protection schemes, contrasting the two and elaborating on why the latter is necessary. Furthermore, it reveals the outcomes of stability tests performed on a 502 MVA... Read more

The post Mastering stability test of power transformer: Differential and Restricted Earth Fault (REF) protection appeared first on EEP - Electrical Engineering Portal.

Researches so far shows that, by 2020, around 20% of the total energy production worldwide will be generated from renewable energy. But the major problem with the standalone system is that the sources are not continuous. This intermittent nature of... Read more

The post Low voltage ride through in grid connected hybrid renewable energy systems appeared first on EEP - Electrical Engineering Portal.

January 12
Three Branches, One Government
Review the functions of the executive, legislative, and judicial branches of the government, as well as how the three branches relate to each other.

The aging process starts the moment new substation equipment is put into service; how quickly it happens depends on a number of factors, including the equipment’s use, the environment, the quality of maintenance, and many more. However, things aren’t the... Read more

The post Substation Equipment Maintenance: Often Neglected Until Something Big Drops Dead appeared first on EEP - Electrical Engineering Portal.

In response to an explosion of “toxic mold” claims in 2000-2001, the insurance industry acted in unprecedented unison to universally get rid of all claims related in any way to mold. They didn’t stop at just excluding claims from mold; they threw bacteria into the exclusion as well.

The global pharmaceutical packaging market is set to grow over 5% year-over-year in 2019, and bottles will remain highly sought after, followed by blisters, vials and ampoules.

In the survey, 88% of respondents claim to be planning a connected packaging campaign this year, and 78% of respondents believe connected packaging will improve business sustainability credentials.

Collaboration offers Praxis customers access to enhanced product tracing to meet compliance requirements such as the FDA-mandated DSCSA (Drug Supply Chain Security Act) regulation with a November 2024 enforcement deadline.

Signite® is a sustainable decoration technology which has been widely recognized by brand owners and the labelling industry as one of the most potentially transformative and progressive technologies to be developed in recent years.

It is now well accepted that virtually all brands, from the utmost recognized to the newly eager, face an unprecedented onslaught of counterfeiting and gray market trading. In emerging countries, this menace is bold and audacious, with outright fakes appearing in the open marketplace. In developed countries, the problem is equally insidious due to online propagation of counterfeit products through e-commerce platforms.

Demand for smart connected packaging is increasing the need for companies to be customer-relevant: The drive to achieve supply chain resiliency while also advancing sustainability is paramount.

Rising labor prices and demand for supply chain integration are among factors behind the growth.

Now and then I like to reflect on how the packaging industry intersects with my personal background. This seems especially appropriate now since it was approximately one year ago that I became Chief Editor of Packaging Strategies.

Universal Investment & Industries has been extremely successful in the service and packaging industry for years.

Restel, a Finnish restaurant and catering company, kicks off a pilot with reusable cups made of biobased and recyclable Sulapac® material in selected restaurants, including two Burger King outlets.

The X5 is the world’s first fully-automated erected box system and the most advanced, flexible, efficient and sustainable platform available for the e-commerce industry.

Company’s solutions for palletizing and stretch wrapping will be on display at the trade show, which will take place March 18-20 in Philadelphia.

Descon Integrated Conveyor Solutions is a prominent provider of integrated conveyor systems for the food and beverage industry.

Novel packaging solutions are driving a projected expansion of 4.3% from 2020-2028.

A note via Bank of America economists on expectations and wariness on US October CPI data due Wednesday at 8.30 am US Eastern time.

BoA expect core CPI to show an increase of 0.3% m/m month

• holding at 3.3% y/y
• would be the third consecutive month with a 3.3% core reading

BoA say that looking ahead, the rise is inflation tilted to the upside:

• "We see pro-growth fiscal policy, tariffs, and tighter immigration as potential sources of upside inflation risk over the coming years if they are implemented"

Higher inflation to come would slow/halt/reverse (you can pick more than one ;-)) Federal Reserve rate cuts.

People's Bank of China USD/CNY reference rate is due around 0115 GMT.

The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%.

How the process works:

• Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central bank takes into account factors such as market supply and demand, economic indicators, and international currency market fluctuations. The midpoint serves as a reference point for that day's trading.
• The trading band: The PBOC allows the yuan to move within a specified range around the midpoint. The trading band is set at +/- 2%, meaning the yuan could appreciate or depreciate by a maximum of 2% from the midpoint during a single trading day. This range is subject to change by the PBOC based on economic conditions and policy objectives.
• Intervention: If the yuan's value approaches the limit of the trading band or experiences excessive volatility, the PBOC may intervene in the foreign exchange market by buying or selling the yuan to stabilize its value. This helps maintain a controlled and gradual adjustment of the currency's value.

Earlier:

• ICYMI - PBOC Governor warned on yuan slide, will 'guard against risk of overshoot'

People's Bank of China USD/CNY reference rate is due around 0115 GMT.

The People's Bank of China (PBOC), China's central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a "band," around a central reference rate, or "midpoint." It's currently at +/- 2%.

How the process works:

• Daily midpoint setting: Each morning, the PBOC sets a midpoint for the yuan against a basket of currencies, primarily the US dollar. The central bank takes into account factors such as market supply and demand, economic indicators, and international currency market fluctuations. The midpoint serves as a reference point for that day's trading.
• The trading band: The PBOC allows the yuan to move within a specified range around the midpoint. The trading band is set at +/- 2%, meaning the yuan could appreciate or depreciate by a maximum of 2% from the midpoint during a single trading day. This range is subject to change by the PBOC based on economic conditions and policy objectives.
• Intervention: If the yuan's value approaches the limit of the trading band or experiences excessive volatility, the PBOC may intervene in the foreign exchange market by buying or selling the yuan to stabilize its value. This helps maintain a controlled and gradual adjustment of the currency's value.

Earlier re China:

• Green shoots in China? Excavator sales grew 15% in October
• It's not a pretty picture in China

Japanese wholesale prices, the PPI or CGPI:

+0.2% m/m

• expected 0.0%, prior 0.0%

+3.4% y/y

• expected +3.0%, prior +2.8%

The higher results will be a bit of a tailwind for the yen, at the margin. Not too much though, there is the huge monetary policy divergence that is weighing on the hapless yen to contend with.

Of note is that renewed yen falls pushed up import costs for some goods

The Bank of Japan is wary of yen weakness pushing up prices, the Bank wants inflation but not like that. The Bank wants inflation coming from wage growth pushing up demand. The Bank has said it'll consider raising rates to help slow or stop the yen decline. But political pressure is on the Bank not to hike until wages are seen rising at the next round of wage negotiations in (Japan's) spring.

---

The Producer Price Index (PPI) in Japan is also known as the Corporate Goods Price Index (CGPI)

• its a measure of the average change over time in the selling prices received by domestic producers for their output
• is calculated by the Bank of Japan

Unlike the Consumer Price Index (CPI), which measures the price change that consumers see for a basket of goods and services, the CGPI focuses on the change in the prices of goods sold by companies.

The PPI reflects some of cost pressures faced by producers

• its based on a basket of goods that represents the range of products produced within the Japanese economy, including items such as:
  • raw materials like metals and chemicals
  • semi-finished goods
  • and finished products
  • different weights are assigned to each category within the index based on its contribution to the overall economy.
• it does not account for the quality improvements in goods and services over time, which might lead to overestimation of inflation
  • additionally, it reflects only the prices of domestically produced goods, leaving out the impact of imported goods

The PPI can be used as a guide to inflationary pressures in the economy:

• If producers are facing higher costs, they may pass these on to consumers, leading to higher consumer prices.

Australia data - Wage Price Index for Q3 2024:

+0.8% q/q for the third consecutive quarter

• expected +0.9%, prior +0.8%
• Both the private sector and the public sector rose 0.8%, seasonally adjusted, for the quarter.

+3.5% y/y, lowest annual rise for the series since December quarter 2022 and followed four consecutive quarters of annual wage growth equal to or above 4%.

• expected +3.6%, prior +4.1%

---

The Australian Bureau of Statistics (ABS) publishes the Wage Price Index (WPI) quarterly, measuring changes in the price of labor, unaffected by shifts in workforce composition, hours worked, or employee characteristics.

The ABS provides detailed WPI data, including breakdowns by industry and sector, offering insights into wage trends across Australia's economy.

Midnight Evergreen Technologies, Inc. (Midnight) dares to reimagine the role of an AA game publisher, with a mission to fundamentally reshape how we play together. Midnight is building The Evergreen, the first (of-its-kind) publishing platform designed as a deconstructed, composable MMORPG, delivering immersive, cross-genre experiences that seamlessly span across various platforms, pushing the boundaries of how games are played and enjoyed.

The Evergreen fuses enduring player progression with constantly evolving gameplay, creating an interconnected arcade of games that offer the reach, engagement, and monetization of a traditional MMO—without the risks of a single theme, game narrative, or prolonged production cycles.

Midnight proudly announces the launch of the first of its 26 planned core games in this Deconstructed MMO: The Evergreen: Midnight Market. Set to release on Web, Mobile, and Telegram, and built in partnership with Aptos Foundation, Midnight Market is a daring game of risk and reward where every spin teeters between fortune and mischief. Combining the thrill of crypto gaming with the reliability and scalability of Aptos' Layer 1 blockchain, Midnight Market sets a new standard for decentralized gaming.

Players will find themselves in a high-stakes world of chance, crafting items, earning tokens, and navigating encounters with the elusive Night Pig. How far will you push your luck in pursuit of the ultimate prize?

“Our partnership with Aptos Foundation marks a significant tipping point,” said Steve Wade, Founder & CEO of Midnight. “Aptos’ innovative Web3 infrastructure aligns perfectly with our strategy to focus on player participation in the ecosystems they engage with. Specifically, we’ve solved for interoperability between games, and Aptos makes that solution a reality.” Wade further explained, “We believe in the creator economy and see Web3 as the next logical step—empowering individuals and communities to shape the ecosystems they interact with. With Aptos, we envision a world where players’ stories matter and endure long after the game is over.”

Key Features of The Evergreen: Midnight Market

• Engaging, Unpredictable Gameplay: Players experience unpredictable rewards or unexpected encounters, with every spin holding the potential for either fortune or a surprise interaction with the Night Pig. This element of suspense enhances the gameplay experience with an entertaining, high-stakes twist.
• Decisive Risk-Reward Mechanics: With each turn, players must choose between pushing their luck for higher rewards or banking their earnings. This gameplay design adds strategic depth, enhancing engagement through meaningful player choices.
• Aptos Powered Player Economy: Midnight Market features a blockchain-powered economy, enabling players to craft items known as Keys and earn tickets that can be redeemed for the native ecosystem token or other exclusive merchandise. This player-driven system ensures that every reward has tangible value, heightening the stakes and making the game’s risk-reward mechanics even more impactful.

The game is the first major title to utilize the Aptos high-throughput blockchain, which boasts low latency and high transaction speeds, creating a seamless gaming environment for thousands of players worldwide.

“Powered by the speed and security of the Aptos blockchain, we’re excited to see Midnight’s ambitious vision for The Evergreen brought to life,” said Bashar Lazaar, Head of Grants and Ecosystem at Aptos Foundation. “Players can expect an immersive, genre-spanning experience where every move shapes their unique journey, and the time they spend leaves lasting echoes within the game’s universe and control over the assets they acquire. This isn’t just a step into the future of Web3 gaming—it’s a bold leap forward, placing players at the heart of a dynamic ecosystem, where every moment they choose to spend has a meaningful impact on the worlds they explore".

The Evergreen: Midnight Market is in closed beta now and available to players globally November 13th.

About Aptos Foundation

Aptos Foundation is dedicated to supporting the development of the Aptos protocol, decentralized network and ecosystem and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses.

About Aptos Network

Aptos is a next-generation Layer 1 blockchain. Aptos’ breakthrough technology and programming language, Move, are designed to evolve, improve performance and strengthen user safeguards.

About Midnight

Midnight (https://www.midnight.io/) is at the forefront of innovation with The Evergreen, the first-ever publishing platform that operates as a deconstructed, composable MMORPG. Players engage with and explore diverse, interconnected game worlds, all linked by The Evergreen, a dynamic nexus that binds these unique experiences together. Each game is its own universe, offering new adventures while feeding into a broader progression system. By combining immersive gameplay with a shared economy and evolving narratives, Midnight is reshaping how players discover and interact with new worlds across genres and platforms.

In brief from WPAC's note:

• September quarter Wage Price Index below the RBA’s expectation which pointed to a 0.9%qtr rise in both the September and December quarters of 2024
• Wage inflation peaked at 4.3%yr in December 2023 and has been drifting lower through 2024
• Wage Price Index (WPI) rose 0.8% (3.5%yr) ... The RBA is currently forecasting annual wages growth to print 3.4%yr for end 2024 and hold at that rate through to June 2025.

***

The WPI should easily come in under that RBA forecast by end 2024. While some will point to slowing wages as a reason to cut rates the RBA is in no hurry, still war of elevated demand and inflation likely to pop back above the top of the 2 - 3% target band once government cost of living subsidies roll off.

Washington, D.C. -- Award-winning journalist Lester Holt will be inducted into the National Association of Broadcasters (NAB) Broadcasting Hall of Fame for his contributions to broadcast television at the 2021 NAB Show, held October 9–13 in Las Vegas. Holt will accept the honor at the NAB Show Welcome event on Monday, October 11 at 9 a.m. PDT.

WASHINGTON, D.C. – David Santrella, president of Broadcast Media for Salem Media Group, was elected chairman of the NAB Joint Board of Directors, NAB announced today. Santrella takes over from Jordan Wertlieb, president of Hearst Television, Inc., whose term expired.

Jim Bohannon, host of the "Jim Bohannon Show" will be the NAB Broadcasting Hall of Fame radio inductee for 2022.

Washington, D.C. -- Iconic game show “The Price Is Right”, which airs on CBS and is produced by Fremantle, is the 2022 television inductee into the National Association of Broadcasters (NAB) Broadcasting Hall of Fame. Host Drew Carey and executive producer and showrunner Evelyn Warfel will accept the award at The Achievement in Broadcasting Awards on the NAB Show Main Stage on April 24 at 4:30 p.m. in Las Vegas, Nev.

Washington, D.C. -- Long-running sports anthology series "ABC's Wide World of Sports" will be inducted into the National Association of Broadcasters (NAB) Broadcasting Hall of Fame at the 2023 NAB Show as this year's television inductee. The show, which aired on ABC from 1961-1998, will be honored at NAB Show during the NAB Broadcasting Hall of Fame Ceremony on the Main Stage, held April 17 in Las Vegas, Nev.

Washington, D.C. -- NAB Show today announced it will host dedicated sessions on ATSC 3.0 adoption and connected cars at the 2023 event in Las Vegas, April 15 -19. Sessions will cover the growing landscape of ATSC 3.0 and the interaction, immersion and connectivity this technology brings to the media and entertainment industry. Industry experts will also discuss revenue opportunities offered by connected car listening data and how cutting-edge connected car technologies are bridging the gap between artists and radio listeners.

WASHINGTON, D.C. – Perry Sook, chairman and chief executive officer of Nexstar Media Group, was elected chairman of the NAB Joint Board of Directors, NAB announced today. Sook takes over from David Santrella, chief executive officer of Salem Media Group, whose term expired.

WASHINGTON, DC -- Circle City Broadcasting Owner, President and CEO DuJuan McCoy has been elected chair of the NAB Leadership Foundation (NABLF) Board of Directors, effective November 8, 2023. McCoy assumes the seat previously occupied by Darrell Brown, former president of Bonneville International Corporation, who has served as NABLF Board chair since 2019.

TBILISI, 5 July 2016 – At the close of the OSCE Parliamentary Assembly’s 25th Annual Session in Tbilisi today, members of the Assembly elected Austrian parliamentarian Christine Muttonen as President. Muttonen has previously served as OSCE PA Vice-President and Special Representative for Central and Eastern Asia, and is Deputy Head of the Austrian Delegation to the PA.

Upon being elected, Muttonen said that she would pursue direct talks with governments and other OSCE institutions on advancing avenues for closer co-operation.

“Parliamentarians can play a very important role in securing peace and stability,” she said. “It will be my duty to make sure they have the possibility to do so.”

OSCE PA Vice-Presidents were also elected today: Vilija Aleknaite Abramikiene (Lithuania), Azay Guliyev (Azerbaijan), and Isabel Santos (Portugal) were elected to three-year terms, and Victor Dobre (Romania) was elected to a one-year term.

On Monday, the OSCE PA’s General Committee on Political Affairs and Security elected its leadership. Members of the committee re-elected Roger Wicker (United States) and Margareta Cederfelt (Sweden) Chair and Rapporteur, respectively, and Guglielmo Picchi (Italy) was elected Vice-Chair.

In the General Committee on Economic Affairs, Science, Technology and Environment on Sunday, members elected Nilza Sena (Portugal) Chair and Artur Gerasymov (Ukraine) Vice-Chair. Italian parliamentarian Marietta Tidei was re-elected Rapporteur.

Members of the General Committee on Democracy, Human Rights and Humanitarian Questions on Monday elected Ignacio Sanchez Amor (Spain) Chair and Kyriakos Kyriakou-Hadjiyanni (Cyprus) Rapporteur. Vice-Chair Ivana Dobesova (Czech Republic) was re-elected by acclamation.

In his final address as Assembly President, Finnish parliamentarian and former Chairperson-in-Office of the OSCE Ilkka Kanerva noted that he has led the PA during challenging times.

“In these times, it is important to recall the validity of all ten Helsinki Final Act principles. As President, I have worked to reaffirm these principles, even as they have been put to the test lately. I believe that reviving the spirit of Helsinki requires ensuring that the OSCE Parliamentary Assembly remains an Assembly that is inclusive, open and transparent,” he said.

He also highlighted his special paper distributed at the Tbilisi Annual Session entitled “Our common vision for the OSCE Parliamentary Assembly.”

Kanerva was elected President of the Assembly at the Baku Annual Session in July 2014, and will now serve as President Emeritus of the Assembly.

For the full text of the OSCE PA’s Declaration and resolutions adopted today in Tbilisi, as well as speeches, photos, videos and more, please visit http://www.oscepa.org/meetings/annual-sessions/2016-tbilisi-annual-session. Additional photos are available on the Georgian Parliament’s Flickr pages at https://www.flickr.com/photos/geoparliament  and https://www.flickr.com/photos/oscepatbilisi/.

The OSCE Parliamentary Assembly is comprised of 323 parliamentarians from 57 countries spanning Europe, Central Asia and North America. The Assembly provides a forum for parliamentary diplomacy, monitors elections, and strengthens international co-operation to uphold commitments on political, security, economic, environmental and human rights issues.

Related Stories

• OSCE parliamentarians in Tbilisi adopt wide-ranging Declaration on human rights, security and the environment
• OSCE parliamentarians consider resolutions on security, economic and environmental concerns and human rights
• OSCE PA human rights committee Chair Ignacio Sanchez Amor follows up on developments in Turkey

SLOVIANSK, Ukraine, 7 April 2016 – The OSCE Project Co-ordinator in Ukraine, at a ceremony in Sloviansk, Donetsk region today, presented representatives of the Infrastructure Ministry’s State Special Transport Service with 15 sets of protective equipment, including vests and helmets, which are to be delivered to local deminers working along transport routes in the east of the country.

The State Special Transport Service is responsible for ensuring the safety of the transport network and for restoring railways and bridges destroyed by hostilities. This often involves clearing mines and unexploded ordnance that threaten civilian transportation routes. 

“Safety of communications is extremely important in the context of sustainable post-conflict recovery, future peace and security in the region,” said Vaidotas Verba, the OSCE Project Co-ordinator in Ukraine. “I hope that with our help the Service will be in better position to swiftly and efficiently ensure safer conditions for the movement of people and goods in the conflict-affected areas.”

Since July 2014 the Service has cleared over 300 kilometres of railways in government-controlled areas of Donbas and disposed of more than 4,500 unexploded ordnance, mines and booby traps. This is among the more than 100,000 such dangerous items discovered and destroyed by all organizations working in the region, which are involved in dealing with these remnants of conflict.

To help Ukraine address this new challenge, the OSCE Project Co-ordinator is also training the country's humanitarian deminers on international mine action standards, helping to introduce a modern information management system to improve operations and the inter-agency co-ordination of efforts, and assisting in developing relevant legislation and standards.

Related Stories

• Spot Report by OSCE Special Monitoring Mission to Ukraine (SMM):“DPR” members threaten SMM at gunpoint near Lukove
• OSCE-trained Ukrainian cyber-police officers begin fulfilling their mission
• OSCE Project Co-ordinator to assist Ukraine in strengthening democratic control of defence and security sectors