Emergency funding deal would give struggling water company £3bn lifeline Thames Water has been teetering on the brink of collapse since being described as “uninvestible” in March when shareholders refused to pour in more cash. The government has been on standby for nationalisation through a…

https://cag.vg/odyssey57

Pre-orders between September 18 and October 1 will receive a gift of $500 Samsung instant credit.

From 11/17 until 12/14, get $25 off future grocery purchase when you buy $150+ in gift cards. Includes PSN, xbox, gamestop, and other random retailers.

16.6% discount on gaming credit if you were getting groceries anyway. Promos are usually valid at all regional Albertson affiliates. Star Market, Acme, Vons, etc.

As part of their ongoing 3 day sale Meijer is giving 20k Mperks points, aka $20, when you buy at least $50 of certain gift cards.  If you buy the "One4All" gift card you can redeem it for Xbox or Playstation credit, or a bunch of other brands. 

I had the mperks points in my account within an hour, and just redeemed my $50 gc for PSN credit with no issues.  If you shop at Meijer anyway, this is 40% off Sony or MS credit if you do the minimum $50 gift card purchase.  If you put $70 on it that would be a new full price game for $50.  I believe this can only be used once per Mperks account.

This has been trotted out for years, mostly about Afghanistan, and which "Left" are you talking about? There is no "Left" in the NYT (Bouie but it isn't really his beat), the Washington Post, CNN... MSNBC has Hayes and he did!

If you want credit from this unnamed Left, you'd better empower them. The Chapo guys gave you a lot of credit! Then they criticized you for other things! That's how it works!

Countries at the UN COP29 climate summit in Azerbaijan will attempt to agree to rules for a global system for trading carbon offset credits.

President-elect Donald Trump has chosen the next director of the CIA. Trump tapped former Texas congressman and director of national intelligence John Ratcliffe for the job. According to a statement […]

The post 'Warrior for Truth': Trump Has Chosen His Next CIA Director, Crediting Pick for 'Exposing Russian Collusion' Hoax appeared first on The Western Journal.

Long hailed as dancehall's most controversial figure, Vybz Kartel has always commanded the spotlight with his edgy lyrics and unfiltered persona. But since his release from prison in July, Kartel has begun to show a surprising transformation that'...

A Credit-fuelled Economic Recovery Stores Up Trouble for Turkey Expert comment sysadmin 17 February 2020

Turkey is repeating the mistakes that led to the 2018 lira crisis and another freefall for the currency may not be far off.

Since the 2018 economic crisis, when the value of the lira plummeted and borrowing costs soared, Turkey’s economy has achieved a miraculous ‘V-shaped’ economic recovery from a recession lasting three quarters to a return back to quarterly growth above 1 per cent in the first three months of 2019.

But this quick turnaround has been built on vast amounts of cheap credit used to re-stimulate a consumption and construction boom. This so-called ‘triple C’ economy generated a rapid growth spurt akin to a modestly able professional sprinter injected with steroids.

This has made the currency vulnerable. The lira has steadily depreciated by 11 per cent against the US dollar since the beginning of 2019 and crossed the rate of 6 lira versus the US dollar on 7 February. And there are further warning signs on the horizon.

Credit bonanza

Statistics reveal that Turkish domestic credit grew by around 13 per cent on average throughout 2019. The credit bonanza is still ongoing. Mortgage-backed home sales jumped by a record high of 600 per cent last December alone and the 2019 budget deficit catapulted by 70 per cent due to higher government spending.

Turkey’s central bank fuelled this credit expansion by cutting interest rates aggressively to below inflation and, since the start of this year, purchasing lira-denominated bonds equivalent to around one-third of total acquisitions last year to push yields lower.

Equally, it has linked bank lending to reserve requirements – the money that banks have to keep at the central bank – to boost borrowings via state and private banks. Banks with a ‘real’ loan growth (including inflation) of between 5 and 15 per cent enjoy a 2 per cent reserve ratio on most lira deposits, which authorities adjusted from an earlier band of 10-20 per cent that did not consider double-digit inflation.

Cumulatively, bond purchases (effectively quantitative easing) and reserve management policies have also contributed to eased credit conditions.

Commercial banks have also reduced deposit rates on lira accounts to less than inflation to encourage consumption over saving. Together with low lending rates, the boost to the economy has flowed via mortgages, credit card loans, vehicle leasing transactions and general business borrowings.

Accordingly, stimulus is at the forefront of the government’s economic approach, as it was in 2017 and 2018. It does not seem to be implementing structural change to re-orient growth away from consumption towards productivity.

In addition, governance is, again, a central issue. President Recep Tayyip Erdogan’s near total monopolization of policymaking means he guides all domestic and external policies. He forced out the previous central bank governor, Murat Cetinkaya, in July 2019 because he did not share the president’s desire for an accelerated pace of interest rate reductions.

New challenges

Despite the similarities, the expected future financial turbulence will be materially different from its 2018 predecessor in four crucial respects.

Firstly, foreign investors will only be marginally involved. Turkey has shut out foreign investors since 2018 from lira-denominated assets by restricting lira swap arrangements. Unsurprisingly, the non-resident holdings of lira bonds has plummeted from 20 per cent in 2018 to less than 10 per cent today.

Secondly, the Turkish government has recently introduced indirect domestic capital controls by constraining most commercial transactions to the lira rather than to the US dollar or euro to reduce foreign currency demand in light of short-term external debt obligations of $191 billion.

Thirdly, the Turkish state banks are intervening quite regularly to soften Lira volatility, thereby transitioning from a ‘free float’ to a ‘managed float’. So far, they have spent over $37 billion over the last two years in a futile effort to buttress the lira. This level of involvement in currency markets cannot be maintained.

Fourthly, the Turkish state is being far more interventionist in the Turkish stock exchange and bond markets to keep asset prices elevated. Government-controlled local funds have participated in the Borsa Istanbul and state banks in sovereign debt to sustain rallies or reverse a bear market.

All these measures have one running idea: exclude foreign investors and no crisis will recur. Yet, when the credit boom heads to a downturn sooner or later, Turks will probably escalate lira conversions to US dollars; 51 per cent of all Turkish bank deposits are already dollar-denominated and the figure is still rising.

If Turkey’s limited foreign reserves cannot satisfy the domestic dollar demand, the government may have to impose comprehensive capital controls and allow for a double digit depreciation in the value of the lira to from its current level, with significant repercussions on Turkey’s political stability and economic climate.

To avoid this scenario, it needs to restore fiscal and monetary prudence, deal the with the foreign debt overhang in the private sector and focus on productivity-improving economic and institutional reforms to gain the confidence of global financial markets and Turks alike.

Montana's highest court has struck down a tuition tax-credit program which, as enacted by that state's legislature, allowed tuition scholarships to benefit students at private religious schools as well as secular schools.

The U.S. Supreme Court agreed to review a decision by Montana's highest court that struck down a tuition tax-credit program allowing tuition scholarships to benefit students at private religious schools.

The justices ruled 5-4 that a Montana state constitutional provision barring aid to religion discriminated against religious schools and families seeking to benefit from a tax credit for donations for scholarships.

The 5-4 decision involving a dispute in Montana appears to cast doubt on as many as 30 state constitutions that bar aid to religious schools.

AdvancED, the national accreditation company, has for the last two years operated Wyoming's entire accreditation process but the state will now do the work on its own.

CME Group, the world's leading derivatives marketplace, today announced its new CBL Australian Carbon Credit Unit (ACCU) futures have launched and are available for trading. A total of five...

A good credit score is not only necessary when you want to buy a house, car or to fund your studies - it can also save you money. Having no credit history can also count against you.

Eliminating credit recovery as a path to graduation would do more harm than good, writes one assistant superintendent.

If you are unable to settle a debt after a creditor obtains a court judgment against you, the creditor may seek an emolument attachment order.

The current system for accrediting schools of education isn't working, argue two former senior U.S. Department of Education officials. They think school districts and philanthropists can help.

The coronavirus closures are shaping a disruptive end to a tumultuous academic career for the Class of 2020.

Penn State World Campus will accept credits from certain courses offered by the Community College of the Air Force that can be transferred toward a bachelor of science in organizational leadership. The degree is offered online through Penn State World Campus by the School of Labor and Employment Relations in the College of the Liberal Arts.

Recently, the Wildlife Technology Program at Penn State DuBois earned reaccreditation with the North American Wildlife Technology Association for five years.

Penn State Great Valley is offering a streamlined 33-credit MBA with highly flexible delivery and the opportunity to specialize by earning up to three graduate certificates as part of the program.

The LIHTC was created in 1986 to encourage private/public investment to preserve and construct affordable rental housing nationwide. Alone and combined with tax-exempt private activity bonds, the LIHTC has been the most productive source of affordable housing financing in the nation's history. 

Rockstar featured Ranbir Kapoor and Nargis Fakhri in lead roles

Bureau of Examination, Rehabilitation, and Guaranty (BERG) team from back left: Tracey Weaver, Alisa Pritchard, Danielle Hopp, Matthew Aidala, Kelly West, Laura Hufschmidt, Deputy Commissioner Tanisha Merced, Jasmine Jenkins, Beth Short, Hollylynn Ford, Sherry Wilson, Blake Synnestvedt, and Steven Carlson. From front left, Nicole Brittingham, Charles Santana, Rylynn Brown, Commissioner Trinidad Navarro, Dave Lonchar, Tom […]

DOVER, DE— Veterans with a 100 percent disability rating may be eligible for a tax credit against 100 percent of non-vocational school district property tax. House Bill 214 with House Amendment 1, which was signed into law by Governor John Carney on August 10th, 2021, allows school districts to grant a Disabled Veterans School Property […]

Attorney General Kathy Jennings today co-led a coalition of attorneys general from across the nation in denouncing four of the world’s largest credit card companies for walking back their commitment to implement a new merchant code for gun sales that would help prevent mass shootings and curb gun violence. “Gun violence has become so endemic in our country that it is now the leading cause of childhood death. […]

Getting Tax Credit for Your Employees Just Got Easier: Introducing the New Delaware CertLink Delaware Businesses can receive up to $9,600 in tax credits per employee for hiring members of target groups by visiting the newly updated Delaware CertLink, located at https://certlink.delaware.gov/ Many businesses have struggled as a result of the ongoing pandemic and finding ways […]

DOVER, DE (Aug 31, 2022) ­– The Delaware Division of Public Health (DPH) is announcing that it has been re-accredited by the national Public Health Accreditation Board (PHAB).  The Board formally issued Delaware’s continued accreditation status on Aug. 18. In maintaining its accreditation status for another five years, DPH has demonstrated that it meets PHAB’s […]

DOVER, DE (Oct. 6, 2022) ­– The Delaware Division of Public Health (DPH) has created new resources and a new webinar specifically for pharmacists as part of its ongoing work to reduce substance use disorder.  DPH has worked with partners in the medical community to develop Delaware-specific, evidence-based education materials, aiming to reduce the risk of […]

DOVER, DE – After completing a long and arduous process, the New Castle City Police Department became the fifth police agency to earn State accreditation through the Delaware Police Accreditation Commission (DPAC). “The State accreditation process raises the standards for our law enforcement agencies and sets the bar for excellence. Earning accreditation has clear benefits […]

Delaware State Senate Spiros Mantzavinos, Chief Laura Giles, Elsmere Mayor Eric Scott Thompson, Secretary Nathaniel McQueen Jr. ELSMERE, DE – After completing a long and arduous process, the Elsmere Police Department became the seventh police agency to earn State accreditation through the Delaware Police Accreditation Commission (DPAC). “The State accreditation process raises the standards for […]

WILMINGTON, Del. (May 9, 2024) – The Delaware Department of Labor (DOL) announces a new initiative to provide individuals in select registered apprenticeship programs with the opportunity to earn up to 42 college credits toward a bachelor’s degree at Wilmington University (WilmU). Individuals will be eligible for enrollment upon completion of their apprenticeship program.        […]

Early childhood professionals who earn a Child Development Associate credential now also can receive 12 credits at Delaware institutes of higher education under a new agreement with the state.

As technology continues to evolve at a rapid pace, the importance of robust and efficient interconnect standards cannot be overstated. Peripheral Component Interconnect Express (PCIe) has been a cornerstone in high-speed data transfer, enabling seamless communication between various hardware components.   

With the advent of PCIe 6.1 ECN, a significant advancement in speed and efficiency, ensuring the accuracy and reliability of its operations is paramount. One critical aspect of this is the verification of shared credit updates. For detailed understanding on Shared Credit, please refer Understanding PCIe 6.0 Shared Flow Control. 

In this blog, we will discuss why this verification is essential and what it entails.  

Introduction 

PCIe 6.1 ECN brings numerous advancements over earlier versions, such as increased bandwidth and faster data transfer speeds.   

A crucial mechanism for efficient data transmission in PCIe 6.0 is the credit-based flow control system. In this system, devices monitor credits, representing the buffer capacity available for incoming data.   

When a device transmits data, it uses credits, which are replenished or adjusted once the data is received and processed. This system ensures that the sender does not overload the receiver.  

Given the critical role of shared credit updates in maintaining the integrity and efficiency of data transfers, verification of these updates is crucial.  Proper management of credit updates is essential to ensure data integrity, as any discrepancies can lead to data loss, corruption, or system crashes.   

Verification also guarantees efficient resource allocation, preventing scenarios where some components are starved of credit while others have an excess, thus avoiding inefficiencies.  Credit inefficiencies pose issues in low power negotiations by preventing devices from entering low power states. Additionally, verification involves checking for proper error handling mechanisms, ensuring that the system can recover gracefully from errors in credit updates and maintain overall stability.   

PCIe 6.1 ECN Flow Control Optimizations Over PCIe 6.0

PCIe 6.1 ECN builds on the FLIT-based architecture introduced in PCIe 6.0, further optimizing flow control mechanisms to handle increased data rates and improved efficiency.  PCIe 6.1 ECN introduced refinements in credit management, making the allocation and advertisement of credits more precise, which helps in reducing bottlenecks and improving data flow efficiency.  Enhancements in flow control protocols ensure better management of buffer spaces and more efficient credit allocation. These enhancements are designed to handle the increased data rates and throughput demands of next-generation applications, ensuring robust and efficient data flow across PCIe devices.  

Below are some major updates: 

1. There have been improvements in error detection and correction mechanisms in PCIe 6.1 ECN to enhance flow control reliability by ensuring that corrupted data packets are detected and handled appropriately without disrupting the flow of valid packets.  
2. The merged credit system, which was a key feature introduced int PCIe 6.0 to simplify and optimize credit management, was further enhanced in PCIe 6.1 ECN to improve performance and efficiency.  
3. PCIe 6.1 ECN introduced better algorithms for allocating and reclaiming merged credits to handle high data rates, introduced more robust error detection and correction mechanism reducing the degradation or system instability. 
4. PCIe 6.1 ECN provided clear guidelines on how to implement the merged credit system correctly, helping developers to implement more reliable systems. For more details, please refer to Specifications section 2.6.1 Flow Control (FC) Rules.

Summary 

In summary, PCIe 6.0 is a complex protocol with many verification challenges. You must understand many new Spec changes and think about the robust verification plan for the new features and backward compatible tests impacted by new features. Cadence’s PCIe 6.0 Verification IP is fully compliant with the latest PCIe Express 6.0 specifications and provides an effective and efficient way to verify the components interfacing with the PCIe 6.0 interface. Cadence VIP for PCIe 6.0 provides exhaustive verification of PCIe-based IP and SoCs, and we are working with early adopter customers to speed up every verification stage.   

More Information

For more info on how Cadence PCIe Verification IP and Triple Check VIP enable users to confidently verify PCIe 6.0, see VIP for PCI Express, VIP for Compute Express Link  and TripleCheck for PCI Express    

See the PCI-SIG website for more details on PCIe in general and the different PCI standards.  

For more information on PCIe 6.0 new features, please visit PCIeLaneMargin, PCIe6.0LaneMargin, and Demonstrating PCIe 6.0 Equalization Procedure.

At the end of the first week at the 16th Conference of Parties on Biodiversity (COP16), finance emerges as the biggest issue but also shrouded in controversies. On Saturday, as the COP moved closer to its most crucial phase of negotiations, resource mobilization—listed under Target 19 of the Kunming-Montreal Global Biodiversity Framework (KMGBF)—took centerstage, with […]

Credit growth trend in the Philippines has changed for the better, becoming the country with the most optimistic position among four of its peers in the Association of Southeast Asian Nations (Asean). For the next quarter or two, credit trend has been “improving” compared with the “declining” trend seen previously, according to the Bank of America November outlook released on Tuesday. The report took into consideration five credit growth indicators: system liquidity, business and retail expectations, rates and prices, as well as a range of external factors. READ: PH GDP growth slowed sharply to 5.2% in Q3 “The Philippines is […]...

Keep on reading: Asean outlier: PH credit growth improving

Two exclusive conferences focusing on "Reference Material (RM) Producers" organized by National Accreditation Board for Testing and Calibration Laboratories (NABL) are scheduled to be held on January 10,

Bill White, VP of Real Estate Lending for NASA FCU, speaks to current housing market conditions, as well as the new Family Mortgage and other options from NASA FCU.

In a major boost to the Micro, Small, and Medium Enterprises (MSME) sector, the government has outlined ambitious credit growth targets, mandating scheduled commercial banks and Non-Banking Financial Companies (NBFCs) to extend additional credit of R...