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The First Neuromarketing Service that Optimizes the Impact of Packaging on Consumers

ANALYTICA, a behavioral sciences-based company in Edinburgh, as launched the first service that optimizes packaging using consumer psychology and neuroscience-led customer tests.




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How HPP offers that added layer of food safety

Despite the nation’s economic turmoil and the ongoing food recalls and contamination problems, the world of high-pressure processing (HPP) has remained robust.




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Trends: What's next? Gluten-free sriracha?

Without a doubt, food manufacturers have not slowed product development in the gluten-free realm.




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The Little Adhesive That Could

H.B. Fuller has multiple projects involving its scientists designing and engineering technologies that contribute to the circular economy and help its customers “reduce, reuse and recycle,” ranging from formulating adhesives using fossil-free raw materials to developing new, naturally, and responsibly sourced adhesive raw materials.




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An organization that recognizes excellence in packaging has unexpected ties to my geographical roots and one of my favorite bands.

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.




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Waddington Europe supplies easier-to-recycle punnets that use less plastic

Soft-fruit containers made with MONOAIR™ cushion technology now include square, large rectangular and standard versions.




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Expert Article: Conveying Solutions that Keep Packaging Lines Moving

No manufacturer can afford to stand idle, so one expert suggests several critical design considerations to keep in mind before deciding on a conveying solution.




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What the Future Holds for Packaging

The future of packaging is in these five areas and trends.




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University researchers create packaging tray that warns of food contamination

The new technology will enable producers, retailers and consumers to tell in real time whether the contents of a sealed food package are contaminated.




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What Destination Leaders Can Do to Engage Their Workforce

What Destination Leaders Can Do to Engage Their Workforce jhammond@desti… Fri, 06/21/2024 - 13:19

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Workforce development is an issue facing just about every destination executive. Attracting, developing, retaining, and engaging a team is an incredibly fluid and complex puzzle destination executives are forced to solve every single day. 

7 min read

What does an engaged workforce feel like? It feels like a team of people ready to rally around a shared mission they are deeply inspired by. Engaged workforces are willing to go above and beyond. They lean in, proactively looking for ways to contribute meaningfully. Engaged workforces show up to work every day, ready to bring their best to take care of the communities around them.

What destination leader doesn’t want that?

Unfortunately, fully engaged workforces are not as common in the destination industry as we’d like them to be. Destination executives are often left scratching their heads at how to get their team to buy in.  

Ready to engage your workforce? Start here:

Harness the Power of Your Destination’s Purpose

The purpose of a destination organization provides leadership with an inspiring mission to rally their team around.

Destination organizations are powerful economic drivers. They have the power to bring positive change to the communities, cities, and regions they represent, and your workforce is likely to consist of team members with close, personal connections to the destination they represent. Destinations are naturally positioned to cultivate an inspiring organizational purpose, creating meaningful work for each and every one of their team members.

“During the interview process, many candidates share that finding meaningful work is just as important as their compensation package,” shares Brook Kaufman, President & CEO of Visit Rapid City. “While there are times we can’t be competitive with the private sector on wages, the fact that our work does make a difference in our community is often the tipping point for someone accepting a position with us.” 

Harnessing the power of your destination’s purpose can be an incredible motivator to engage your workforce. Unfortunately, many destination leaders struggle to capture the power of their organization’s purpose. Leaders who clearly define their organization’s purpose, connect that purpose to the day-to-day work, and consistently communicate progress made can capture the full power of this engagement opportunity. “Employees want to know how their daily tasks help reach departmental and organizational goals. We can’t get from A to B without communicating where we’re headed and where each team member fits into the overall equation.”

Key Recommendation for Leaders: Work to define your destination’s purpose. Then, connect the dots with organizational objectives, goals, and outcomes so that every team member understands how their contribution directly impacts the destination’s purpose.  

As leaders define an inspiring purpose and connect the day-to-day work to that purpose, workforce engagement grows. 

Compensate Fairly

Let’s face it: compensation in the destination industry is an uphill battle for many executive leaders.

It’s tough to compete with for-profit organizations when it comes to compensation, but destination leaders have to try to compete in this arena.

Compensation is not just about salary and cash. Yes, salary and cash tend to make up an important part of what a destination can offer a member of its team, but total compensation can go far beyond that.  

Key Recommendation for Leaders: Execute regular compensation studies to get up-to-date compensation data for every role in your organization. Then, consider how to build a holistic compensation package, which enables leaders to assemble a competitive offering to attract and retain talent. Medical benefits, vacation time, flex time, remote work opportunities, wellness stipends, and professional development stipends are examples of how destinations are blending salaries and benefits to build competitive compensation packages.

As leaders obtain accurate market data, advocate on behalf of their team to their board of directors, and build competitive compensation packages, workforce engagement grows. 

Establish Career Development Opportunities

For many in the workforce, career development and opportunities for advancement are major motivators, driving engagement. Leaders can take advantage here on multiple fronts: first by developing their team members to fit the specific skill set their destination needs, and secondly, by engaging their team members to buy in as a byproduct of their career development and advancement. 

Key Recommendation for Leaders: Build your workforce by providing both internal support and external resources to foster cohesive career development. Internal support structures include mentorship programs, job shadowing, and clear career tracks. External support structures can look like stipends for class and conference attendance.

As leaders are able to provide opportunities for their team members to develop and grow their careers, workforce engagement grows. 

Provide Clarity, Then Flexibility

Work-life balance means a hundred different things to a hundred different people but here’s what most of your team really wants: autonomy to manage their work and their personal priorities. “Some employees value flexibility. Others value PTO or an organization that invests in their professional development. Delivering on what’s important to individual team members is a very effective way to keep people with you for the long term,” added Kaufman.

Your workforce has priorities and goals outside of the professional work they do. That’s a good thing! And for leaders who can build destination organizations where team members can achieve both their professional and personal goals at the same time, your workforce will be more likely to engage and stick around for the long haul. 

Key Recommendation for Leaders: Provide clarity to each and every one of your team members about WHAT needs to get done, then give them the opportunity and autonomy to get it done HOW they need to. Define the key outcomes that must be driven for each role in your organization, work to build clarity around WHAT must happen. Then, worry less about HOW the outcome is reached. 

As leaders provide clarity and flexibility so team members can achieve their personal goals without sacrificing the productivity of the destination, workforce engagement grows.

Show your Care

Empathetic leaders build more engaged workforces.

Leading with empathy should not prevent leaders from making difficult decisions, being steadfast in their beliefs, and driving the organization's needs forward. Leading with empathy connects leaders to their workforces, showing their care for the people around them and the impact that their decisions have on them.

Unfortunately, it’s more likely than not that you have worked for a leader who you felt did not care about you. It’s demotivating, it causes team members to lean out, and it results in folks looking to depart your destination. 

Key Recommendation for Leaders: Find how you show your care for your team. It could be through consistent and meaningful 1:1 time. It could also look like taking the time to eat lunch with team members at all levels of the destination. Maybe displaying your care comes in your communication around difficult topics and decisions. Discover what works best for you, but be sure to find a way to make it known that your team members matter to you.

As leaders are able to show their care, workforce engagement grows. 

Ask for Feedback Regularly

Engaged team members feel like their voice matters and their thoughts, ideas, and concerns impact the trajectory of the destination they work for.

Leaders should regularly request feedback from all levels and departments in their destination organization. When feedback is requested, it’s vital that leaders acknowledge it, share what was learned, and ultimately drive change from it. 

Key Recommendation for Leaders: Identify a variety of mediums and a variety of subject areas to request feedback on throughout the course of a year. Focus groups, surveys, and 1:1 meetings offer mediums to ask for feedback. Business operations, organizational culture, and personnel performance offer subject areas to get feedback on.

Identifying opportunities to build feedback from your workforce into recurring organizational operations will not only provide leaders with an important data point to direct the path forward for the destination, but it will also build engagement throughout your workforce.  

Get Intentional to Drive Workforce Engagement

Chalking up a lack of workforce engagement to generational differences is lazy.

Doing so also removes leadership’s responsibility to make an active difference in how their team decides to lean in and engage or lean out and disengage.

Frankly, your workforce's engagement reflects your organization’s health and development. Simply put, team members will choose to engage if they think it’s worth it.

“Is driving engagement within your team hard work? Absolutely,” shared Kaufman. “But your organization will never reach its full potential without putting energy and resources into keeping employees satisfied.” 

Leaders have the opportunity to actively drive initiatives forward to engage their workforces. Those who do so intentionally and effectively have the opportunity to lead impactful teams that drive their organizations and the destinations they lead forward in incredibly meaningful ways. 

About The Author

Chad Kearns

Vice President & Lead Practitioner
Fired Up! Culture

Chad Kearns is a Vice President & Lead Practitioner at Fired Up! Culture. Chad partners with destination executives across North America to successfully work through powerful change management processes to create healthy, high-performance organizations. Areas of expertise include culture change, organizational values development, performance management philosophy and practice, operational efficiencies and enhancement programs, executive coaching, leadership development and succession planning. 

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Motivating Children – What Works When Talking to Parents About Practicing Music?

We know from talking to hundreds of music teachers over the years that students' practicing habits are always a point of discussion. We've seen parents fall into a whole range of attitudes. Here are a few that we've seen.




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What do teachers do during summer, and how do you handle summer downtime?

How do you handle the possibility of changing teaching schedules in your music studio during the summer months?




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Fed's Kashkari: The fundamentals seems strong and I'm optimistic that will continue

Comments from the Minneapolis Fed President in conversation with Yahoo Finance.

  • Contacts are optimistic
  • We have to wait and see what the new government policies are, we will have to wait and see
  • A one-time tariff increase in transitory but it can become tit-for-tat, right now we're all just guessing
  • Immigration could have a big effect but we will have to see what will happen
  • New lease inflation takes a couple years to work its way through
  • We have good confidence that the housing piece of inflation will get to normal levels, though it may take a year or two
  • The labor market has been surprisingly resilient, it's a good labor market
  • The economy looks like it's in a strong position
  • If we saw inflation surprise to the upside between now and December, that might give us pause
  • Probably not enough time for jobs to surprise on the upside
  • Productivity looks like it's been stronger, which could mean a higher neutral rate
  • If so, we may not cut as much
  • We all agree that we're above neutral now
  • The rise in long-term yields doesn't look like it's about long-term inflation expectations
  • I think we're modestly restrictive right now. I thought we were putting two feet on the brakes but in hindsight we were only putting one foot on the brake
  • My judgement is that we still have a long ways to go in shrinking the balance sheet
  • Ultimately the economy will guide us in terms of how far we need to cut rates

Kashkari is candid and is oftentimes dovish but he sounded less like someone who wants to keep on cutting. His comment about one foot on the brakes was helpful in illustrating how he sees the economy and rates. The interesting discussion is about neutral right now and how close the Fed wants to go. He also touched on a longer timeline to get inflation all the way back to 2% and that should keep the Fed in the high 3s assuming no sharp slowdown in the economy. Of course, the Fed curve is also pricing 3.80% as the terminal rate.

This article was written by Adam Button at www.forexlive.com.




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PBoC promised stronger damping to support CNY, and that's what are seeing

Justin had the news from the People's Bank of China here on Monday:

The PBOC governor Pan Gongsheng emphasized that the Bank will not let the yuan plummet without a fight:

  • Will step up countercyclical adjustment
  • Should resolutely guard against the risk of exchange rate overshoot

Today is an example of the Bank pushing back on yuan weakness, with the reference rate set 300+ points stronger for the CNY than was expected (in the Reuters model).

Offshore yuan has jumped (lower USD/CNH as shown in the chart below):

This article was written by Eamonn Sheridan at www.forexlive.com.




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What technical levels are in play to start the NA trading day for November 12

As the North American session begins, the bond traders return after a day off in observance of Veterans Day. Yields are higher to start their trading week with the 2 year up 6.5 basis points at 4.319% and the 10 year up 6.3 basis points at 4.371%. The 2 year yield has moved to a new high going back to July 31 today (4.336%). For the 10 year, it traded as high as 4.773% last week, but fell into Friday with the low reaching 4.558% before bouncing modestly on Friday. That upside has reached 4.64% today - off the low but below the high from last week.

Bitcoin moved to a high of $89,983 today - a new record - but has come off and trades at $86,430 currently. The low reached $85208 today in volatile trading.

Oil is higher after falling over 3% lower yesterday. The price is up 43% or 0.64% at $68.52 currently. The high reached $68.76 and a low at $67.78.

Gold is down another $11 or -.045% at $2607.28. The low reached $2589.80 before bouncing.

In the US stock market, the major indices are marginally higher after record closes across the three major indices. The Russell 2000 which has not reached a high since July 2021 got within shouting distance of it record at 2437.08. The high yesterday reached 2441.72. The Dow futures are imploring a gain of 78 points. The S&P is up 1.65 points and the Nasdaq index is now up 7.91 points.

There will be several Fed speakers today with Governor Waller, Minneapolis Fed Pres. Kashkari, Philadelphia Fed Pres. Parker, and Richmond Fed Pres. Barkin all scheduled to speak

ECB policymaker Olli Rehn emphasized that while the direction of the ECB’s monetary policy is clear, the pace of any changes will be data-dependent. The economic outlook, impacted by a struggling manufacturing sector, has deteriorated. Rehn suggested that if disinflation continues, it could support additional rate cuts, with the ECB potentially moving away from restrictive policy territory by spring 2025. He warned against protectionism, noting that tariffs would have a medium-to-long-term impact and are inherently inflationary. With growth in the euro area expected to remain sluggish and downside risks prevalent, Rehn awaits the December projections for a clearer assessment of the economic landscape.

EURUSD: The selling in the EURUSD continue as a less friendly US with Pres. Elect Trump, spell slower growth with increased tariffs the concern. Technically, the price initially moved higher in the Asian session but found willing sellers near the low of the swing area between 1.0663 and 1.06703. That was swing lows in June 2024. Staying below kept the sellers in control, and they pushed lower. The price has since moved down to a low of 1.0606 which tests the lows from April when a series of swing lows bottomed the pair. Those levels are also the lows for the year (going back to October 2023).

USDJPY: The USDJPY rose yesterday and then stalled in the US session between 153.59 to 153.88 (swing area). Recall, the 153.88 level was a swing high from July 31. The highs from October 28 and October 29 was at 153.88 too. Today, the price moved lower and below the swing area low, BUT found support at the 61.8% of the move down from the July high. That level comes in at 153.397. Going forward, that hold increases that technical levels importance as support. Move below would increase the bearish bias in the short term at least.

On the topside, the price has now moved back above the 153.88 level (bullish). If the price can stay above that level now, that would be the most bullish technical scenario as buyers show their strength on the break. On the topside, the 154.54 up to 155.09 would be the next target area to stretch towards. Get above that area over time, and it adds to the bullish bias. Buyers making a play. Can they keep the momentum going?

GBPUSD:The GBPUSD fell below the lows from the last 2 weeks (last week low was at 1.28329) and sellers jumped, pushing the price through the 200 day MA at 1.28178. The breaks are more bearish and the low price reached 1.27915 and has bounced. The price has traded above and below the 200-day MA at 1.28179, but has so far stayed below the low from last week at 1.28329. If the price moves back above that level and momentum back to the upside is able to get above 1.2844 and the 50% of the move up from the April low at 1.2866, the buyers are showing some strength and the sellers will start worrying about the failures more and more. Conversely, if the price can stay below the 1.2832 and 1.2844 that keeps the sellers confidence high, but gettng below the 200-day MA is still required again. The price is currently trading near the 200-day MA but remains below 1.28329.

USDCHF: The USDCHF extended above the 200 day MA at 0.88176 and also a swing area from 0.88187 to 0.8825. That was a bullish move and the price moved to a high of 0.88303 but failed. The price is back below the 200 day MA and swing area. The price is trading near 0.8800 (0.8802 is the low). ON the downside the 50% is at 0.87986. If that is broken, then the swing area, the 200 day MA and the 50% failed. That should give buyers cause for pause as the buyers had their shot, and they missed. But the price still needs to get below 50%.

This article was written by Greg Michalowski at www.forexlive.com.




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AUDUSD falls to swing area low target ahead of the extreme low from last week. What next?

The AUDUSD has moved lower to a swing area low at 0.65357. The high of the swing area comes in at 0.65537. It would take a move above that level and then the 61.8% at 0.6575, to give the buyers more confidence and cause the sellers to have some cause for pause.

ON the downside, a break of 0.6535 would target the low from last weekend 0.6511. That is near the last two session lows going back to early August. oh below that level and traders look toward 0.6463 to 0.6486.

The price action last week in the AUDUSD was up and down with big moves in either direction.Through the first two days of this week, volatility is less, but the bias is more to the downside. That bias would be even more bearish if the 0.6535 level can be broken along with the low price from last week at 0.6511.

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AUD/USD Summary

The AUD/USD fell to a swing area low at 0.65357.

Key Points:

  1. Swing area: 0.65357 (low) - 0.65537 (high).

  2. Buyers need a break above 0.65537 and 0.6575 (61.8% level).

  3. Sellers target last weekend's low: 0.6511.

Outlook:

Bullish Scenario

Move above 0.65537 and 0.6575 boosts buyer confidence.

Bearish Scenario

Break below 0.6535 and 0.6511 confirms bearish bias, targeting 0.6463-0.6486.

Levels to Watch:

  • Resistance: 0.65537, 0.6575

  • Support: 0.65357, 0.6511, 0.6463-0.6486

This article was written by Greg Michalowski at www.forexlive.com.




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BofA: Life don't come easy for CHF: What's the trade?

BofA suggests staying short on CHF, particularly against USD and GBP, as post-election volatility subsides and G10 rate repricing supports a weaker CHF. While political risks may pose a minor obstacle, BofA sees CHF depreciation as likely due to policy divergence, with recent fiscal stimulus in the UK reinforcing the case for long GBP/CHF.

Key Points:

  • CHF Weakness Expected: Following the US election, BofA expects normalization in volatility and G10 rate adjustments, which support a weaker CHF heading into year-end.

  • Policy Divergence and SNB Cuts: CHF depreciation has been driven by Swiss policy moves, including an SNB rate cut, and ongoing yield compression. Increased Swiss inflation has also pressured CHF.

  • Positioning in USD/CHF and GBP/CHF: BofA favors short CHF positions in USD/CHF and recently opened a long GBP/CHF position via a three-month ratio call spread, driven by UK fiscal stimulus enhancing policy divergence.

  • Risk Management Considerations: While CHF shorts are promising, BofA advises a cautious approach due to potential political uncertainties that could affect CHF.

Conclusion:

BofA recommends holding short CHF positions in USD/CHF and GBP/CHF, as volatility recedes and policy divergence favors a weaker CHF. Though political noise may cause short-term volatility, BofA sees CHF depreciation persisting into year-end, with UK fiscal moves strengthening the case for GBP/CHF.

For bank trade ideas, check out eFX Plus. For a limited time, get a 7 day free trial, basic for $79 per month and premium at $109 per month. Get it here.

This article was written by Adam Button at www.forexlive.com.




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U.S. Elections: what to expect? Octa Broker Offers Its View

The U.S. presidential election draws near, and investors are on high alert as the outcomes of Kamala Harris's and Donald Trump's contrasting economic policies could have significant ramifications for the financial markets. With key decisions looming around tax rates, regulation, energy policy, and trade, the potential for market volatility increases depending on who gets into the White House and what the new balance of power in the U.S. Congress will be. In this article, Octa Broker's financial analyst, Kar Yong Ang, breaks down the candidates' divergent economic visions and outlines possible scenarios for market reactions post-election, offering critical insights for traders to navigate the uncertain financial landscape ahead.

With less than a day to go until the U.S. presidential election, investors and traders are bracing for the potential impact on the financial markets. Although both candidates (Kamala Harris and Donald Trump) proclaim to pursue similar goals–––notably, creating jobs and boosting the U.S. manufacturing base–––they offer very different approaches to economic policy. Therefore, financial markets will almost certainly respond differently depending on who ultimately gets into the White House. Furthermore, it is important to factor in the possible changes in the arrangement of power on Capitol Hill, as 33 out of 100 senators and all 435 delegates in the House of Representatives will also seek re-election this November.

At Octa Broker, we decided to offer our view about what to expect from the upcoming elections and what could be the possible impact on the financial markets in general and on gold and the U.S. dollar in particular. Before we lay out the possible scenarios, let’s first briefly recap the economic policy visions of Vice President Kamala Harris, the Democratic Party candidate, and of former President Donald Trump, the Republican Party nominee, and underline their key differences. Please note that this article will focus specifically on the candidates' economic policies that are expected to have the most impact on the financial markets and affect an average trader. Thus, the general focus is on tax policy, regulation, energy policy, foreign policy, and tariffs. The article will not delve into the details of other policies, such as abortion rights, immigration, housing, and healthcare policy.

Table 1: Comparing the Candidates

‘When you wake up on 6 November to check the results of the U.S. presidential elections, there are two things to keep in mind’, argues Kar Yong Ang, a financial market analyst at Octa Broker. ‘Firstly, it is vital to realise just how decisive the victory of either of the candidates is. Secondly, it is very important to ascertain the new composition of the Legislative Branch'. Indeed, if either Harris or Trump wins the national popular vote with only a slim majority or the Electoral College produces mixed and uncertain results, the investors may get nervous, and market volatility will rise. ‘Contesting results are not good for the markets, as they may trigger disputes among the parties and delay important economic decisions in the best-case scenario and lead to social unrest and violence in the worst case’, Karr says.

The composition of the House and the Senate is equally important as they will largely determine the ultimate balance of power and the direction of the legislation. According to ABC News simulation, Republicans win control of the Senate 88 times out of 100[1], meaning that it is highly unlikely that the Democratic Party can manage to take out the upper chamber of the U.S. Congress. When it comes to the House of Representatives, however, the chances are 50/50. Thus, it seems reasonable to infer that only four potential scenarios exist in this election (see the table below).

Table 2: Possible Scenarios and the Dollar Impact

Scenarios 1 and 2

Scenarios 1 and 2 assume that Kamala Harris becomes the next President of the United States, but her executive power is severely or partly limited. In case Republicans capture both the House and the Senate, Harris's policy initiatives will be blocked or substantially amended. On balance, a Harris presidency facing a hostile Congress would bring about a politically unstable and unpredictable environment, which investors despise. As a result, the economy will underperform, stocks will decline, and the dollar will weaken.

‘A government paralysed by dysfunction and gridlock is the worst-case scenario for the U.S. economy in general and for the U.S. dollar in particular’, says Kar Yong Ang, a financial market analyst at Octa Broker. ‘The probability of a protracted government shutdown is very high under this scenario. U.S. stock market indices will certainly take a hit’.

Indeed, Harris's progressive initiatives on climate and the environment will be blocked, while fiscal and economic policy will become a key point of contention, leading to a major standoff over the budget. At the same time, Harris's presidency might result in less government spending, which will have a disinflationary impact, enabling the Federal Reserve (Fed) to continue reducing interest rates. That, too, however, will have a long-term bearish impact on the U.S. dollar.

In turn, the greenback's weakness may have a bullish impact on commodities, especially gold, as it will become more affordable for holders of other currencies. Another bullish factor for commodities in general and for gold, in particular, is that the conflict in Eastern Europe will likely drag on under Harris, given that she has been more in favour of supplying the weapons rather than pushing for a peace deal.

‘All in all, I think Harris's presidency will be met with a bearish reaction in U.S. equity markets–––especially in the energy sector. Companies focusing on renewables may perform better but still suffer in the long term as Harris will struggle to push her environmental agenda. The U.S. dollar will almost certainly sell off, while the euro and Chinese yuan will strengthen’, concludes Kar Yong Ang.

Scenarios 3 and 4

Scenarios 3 and 4 assume that Donald Trump becomes the next President of the United States, but his executive power will either be partly limited by the Democratic House or, alternatively, he manages to achieve a sweeping victory with the Republican Party taking full control over both chambers of Congress. In this case, investors will likely cheer (at least in the short term), as Trump promises to cut red tape and reduce taxes. Stock indices will rally, and the dollar may strengthen. Still, there will be long-term risks associated with Trump’s trade policy.

‘The fears over U.S. debt sustainability will certainly rise under Trump’, says Kar Yong Ang, a financial market analyst at Octa Broker. ‘He will extend as well as enlarge the tax cuts, essentially bringing about a loose fiscal policy, which, in turn, will force the Fed to be hawkish’. Indeed, a Republican sweep victory is the most bullish scenario for the greenback in the midterm. Inflationary tax cuts will boost the economy and may potentially force the Fed to stop its rate-cutting campaign, which will support the U.S. dollar vs other currencies. However, the U.S.'s gigantic deficit will likely keep expanding. Reuters estimates that Donald Trump’s tax cut plans would add some $3.6 trillion to $6.6 trillion to federal deficits over a decade.

On the one hand, tax cuts may serve as a catalyst for U.S. economic growth, which should support oil prices, especially given that Trump is likely to enforce stricter sanctions against Iran. On the other hand, U.S. crude oil and natural gas output may rise as the Trump administration will likely support the companies engaged in fossil fuel production.

Trade policy is not expected to be Trump’s top priority, but he may still introduce new tariffs in 2025-2026. First and foremost, this will negatively affect China and its currency, the yuan. At the same time, Trump’s victory will be a major bullish factor for the crypto industry in general and for digital currencies in particular. He made no secret of his support for crypto and even advocated for the establishment of a national Bitcoin reserve.

‘All in all, I think Trump’s presidency will be met with a bullish reaction in U.S. equity markets–––especially in the energy sector, and especially in case of a sweeping victory. Companies with a focus on renewables will underperform, bitcoin will rally, while the euro and the Chinese yuan will fall. However, the market has already partly priced in Trump’s victory. Therefore, in a classic ‘buy the rumour, sell the news’ scenario, the asset prices I just mentioned may actually drop immediately after the election, but will likely remain supported in 2025’, concludes Kar Yong Ang.

About Octa

Octa is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and a variety of services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

Since its foundation, Octa has won more than 70 awards, including the ‘Best Forex Broker 2023’ award from AllForexRating and the ‘Best Mobile Trading Platform 2024’ award from Global Brand Magazine.

This article was written by FL Contributors at www.forexlive.com.




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Donald Trump Claims Victory - What Comes Next

Following his win in Pennsylvania and earlier victories in other key battleground states in Georgia and North Carolina, Republican candidate Donald Trump took to the stage shortly after in Palm Beach, Florida.

Trump is set to become the 47th President of the United States (US) as he took an early victory lap on stage and expressed gratitude to his family, friends and team. Interestingly, alongside Grover Cleveland – the first Democrat elected following the Civil War – Trump is the second president to serve for a second non-consecutive term for four years.

In a surprising turn, Trump’s victory speech was relatively subdued; no threats of tariffs were mentioned, and he did not refer to his opponent, Democratic candidate Kamala Harris, who postponed her scheduled speech at Howard University. ‘Winning the popular vote was very nice’, Trump said in his speech, adding: ‘America has given us an unprecedented and powerful mandate; we have taken back control of the Senate’.

Several members of Trump’s team and friends were invited to speak on stage. His running mate, JD Vance of Ohio, thanked Trump for allowing him to ‘join you on this incredible journey’. Vance added, ‘I think we just witnessed the greatest political comeback in the history of the United States of America’.

Dana White, the CEO of the Ultimate Fighting Championship (UFC), also addressed the nation, stating, ‘Nobody deserves this more than him [Trump]’. He remarked that Trump ‘is the most resilient man I have ever met’.

Elon Musk, CEO of SpaceX and Tesla, also received significant praise from Trump, voicing his appreciation and calling Musk a ‘super genius’, emphasising that ‘we have to protect our geniuses’. Musk has been vocal in his support for Trump and reportedly invested over US$130 million in his campaign.

Foreign leaders applauded Trump for his victory. UK Prime Minister Keir Starmer congratulated Trump and said he looks forward to collaborating with Trump in the years ahead. India's Prime Minister Narendra Modi took to the platform X to convey his wishes as well, emphasising his desire to strengthen the partnership between the two countries. Additionally, Israeli Prime Minister Benjamin Netanyahu described Trump's win as ‘history's greatest comeback’ in his post on X.

What Does Donald Trump’s Victory Mean for the US?

Donald Trump will be inaugurated on 20 January 2025 at the US Capitol building in Washington, DC. Americans can expect tax cuts, immigration controls and tariffs.

A Trump presidency will also likely mean lower taxes, a move with plans for widespread changes to taxation, which should increase spending and spur sentiment, at least in the near term.

In his own words, Donald Trump’s second term is expected to be ‘nasty a little bit at times, and maybe at the beginning in particular’. Trump has promised an aggressive approach towards illegal immigration in the US, which could include plans of mass deportation of undocumented migrants, noting that he ‘will launch the largest deportation program in American history to get the criminals out’.

Trade tariffs are another one of Trump’s policies that the US economy can expect, as he is expected to increase the protectionist policies he introduced in his first term. However, as noted, he failed to address this in his victory speech today.

Another important issue that Trump and the team must address is the debt ceiling (or debt limit), which is the maximum amount of money the US Treasury can borrow to pay its debt obligations. You may recall that the ‘statutory debt ceiling’ was suspended in early January and is due to be reinstated on 1 January 2025. This may involve the Treasury drawing on its existing cash to fulfil its short-term obligations until another suspension of the debt limit is imposed or the debt ceiling is further increased.

Trump Trade is Alive and Kicking

Markets responded as expected, reigniting the Trump Trade, with the US dollar (USD), US Treasury yields, US equities and digital currencies all catching a strong bid.

Despite moderately fading session highs, the US Dollar Index is up 1.5%, which could eventually see the Index aim for June peaks at around 106.13, closely followed by 106.52, the high for the year. US Treasury yields remain underpinned, with the benchmark 10-year yield holding near session highs around 4.42% (up 3.5%).

While commodities experienced a selloff, we have seen a modest recovery unfold, drawing spot gold (XAU/USD) and WTI oil off session lows. In the crypto space, versus the USD, Bitcoin clocked a fresh record high of US$75,415 (up 6.4%), and Ethereum is up nearly 9.0% and testing the upper boundary of a symmetrical triangle, pencilled in from US$2,062 and US$2,790.

This article was written by FL Contributors at www.forexlive.com.




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What are the main events for today?

Welcome to the US CPI Day! Inflation is back at the top of market's focus after the Fed's 50 bps cut in September, the acceleration in the US data and Trump's victory.

If we look at the markets, there's been already some pre-positioning/hedging into a potentially higher than expected CPI print, so there's some risk of a "sell the fact" reaction. Of course, a bigger than expected upside surprise would be much more straightforward.

The market is currently pricing a 63% chance of a 25 bps cut in December and basically two more 25 bps rate cuts in 2025 which is already much less than the four projected by the Fed in September.

13:30 GMT/08:30 ET - US October CPI

The US CPI Y/Y is expected at 2.6% vs. 2.4% prior, while the M/M measure is seen at 0.2% vs. 0.2% prior. The Core CPI Y/Y is expected at 3.3% vs. 3.3% prior, while the M/M figure is seen at 0.3% vs. 0.3% prior.

At the latest Fed’s decision, Fed Chair Powell said that they expect bumps on inflation and that one or two bad data months on inflation won’t change the process. This keeps the 25 bps cut in December in place even if we get higher inflation readings.

The market though is forward-looking, and the rise in Treasury yields showed that the market sees risks to the inflation outlook. Moreover, the red sweep could increase those fears if the progress on inflation stalls, or worse, reverses.

Therefore, higher inflation readings might not change the near-term monetary policy outlook, but I personally see it changing the market’s outlook and eventually the Fed’s one.

Central bank speakers:

  • 09:45 GMT - BoE's Mann (hawk - voter)
  • 14:35 GMT/09:35 ET - Fed's Logan (neutral - non voter)
  • 18:00 GMT/13:00 ET - Fed's Musalem (neutral - non voter)
  • 18:30 GMT/13:30 ET - Fed's Schmid (hawk - non voter)
This article was written by Giuseppe Dellamotta at www.forexlive.com.




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What is the distribution of forecasts for the US CPI?

Why it's important?

The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market's reaction is the distribution of forecasts.

In fact, although we can have a range of estimates, most forecasts might be clustered on the upper bound of the range, so even if the data comes out inside the range of estimates but on the lower bound of the range, it can still create a surprise effect.

Distribution of forecasts for CPI

CPI Y/Y

  • 2.7% (2%)
  • 2.6% (56%) - consensus
  • 2.5% (28%)
  • 2.4% (12%)
  • 2.3% (2%)

CPI M/M

  • 0.3% (17%)
  • 0.2% (73%) - consensus
  • 0.1% (10%)

Core CPI Y/Y

  • 3.4% (8%)
  • 3.3% (81%) - consensus
  • 3.2% (11%)

Core CPI M/M

  • 0.4% (4%)
  • 0.3% (82%) - consensus
  • 0.2% (14%)

Analysis

We can ignore the headline CPI as the market will focus on the Core figures. We can notice that we have a pretty strong consensus and not much skew on either side.

Nonetheless, there's been a consistent bid in the US Dollar going into this report with Treasury yields higher and stocks kinda rangebound. The market might have already assigned some premium to a higher than expected print, so there's some risk of a short-term "sell the fact" reaction on a higher than expected number.

It goes without saying that a bigger than expected upside surprise should see the momentum increasing immediately with the US Dollar likely rallying across the board and Treasury yields shooting higher.

On the other hand, a soft print will likely see the US Dollar and Treasury yields falling, although one can argue that it's just going to provide a pullback to go long the US Dollar and short bonds again at even better levels as future conditions will likely see inflation getting stuck above the target or even moving back higher.

This article was written by Giuseppe Dellamotta at www.forexlive.com.




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FCC Chairwoman Jessica Rosenworcel to Hold Fireside Chat at 2022 NAB Show

Washington, D.C. -- Federal Communications Commission (FCC) Chairwoman Jessica Rosenworcel and National Association of Broadcasters (NAB) President and CEO Curtis LeGeyt will participate in a fireside chat on the NAB Show Main Stage on April 25, 2022 at 10 a.m. in Las Vegas, Nev.




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NAB Statement on Passing of Former Sen. Orrin Hatch

WASHINGTON, D.C. – In response to the passing of former Sen. Orrin Hatch, the following statement can be attributed to NAB President and CEO Curtis LeGeyt:




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NAB Show New York Tech Chat Stage Presents Solutions to Content Community Challenges

NAB Show New York attendees will have the opportunity to interact directly with exhibiting companies about their brands and products through sessions on the Tech Chat Stage, part of a new immersive show floor experience. NAB Show New York returns in-person October 19-20, 2022 at the Javits Center.




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Do What You Can't: YouTube Sensation Casey Neistat Inspires Creators to Think Unconventionally to Unleash Career Potential

Washington, D.C.— With tens of millions of individuals worldwide engaged in the growing creator economy, NAB Show emerges as the central hub for networking, exploration and education within the evolving creator market. The 2024 NAB Show, slated for April 13 – 17 (Exhibits April 14 – 17) at the Las Vegas Convention Center, promises to empower creators with invaluable insights and opportunities. Leading the charge is renowned YouTube star, digital creator, filmmaker extraordinaire and multi-media innovator Casey Neistat, who will inspire creators to think outside the box and redefine their creative potential when he takes the Main Stage. Known for his signature "Do What You Can't" motto, Neistat will share his career journey, the unconventional choices that propelled him to success and offer actionable lessons on innovation and creativity.




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What Others Think

Do you work for your students or what others will think?

Music classes are different from most other classes. They are performance based classes. This means that multiple times through out the school year we get to put on public display what we are doing in the class room.

This is not always easy to do. I would love to see a math teacher or science teacher put all of their students work on public display to be scrutinized. And they can't only put the best student work on display it has to be all skill levels. Sure, it is not a perfect analogy but you get the idea.

The point is, it is easy to allow public opinion to sway what we do in the classroom.

Our groups, while we strive for the best are not professional groups, they are school groups and the intent is to deliver a balanced education to all students. When we let public opinion that is based off of our performances sway what we are doing in the classroom we need to assure that it is not at the expense of education.




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What ARE the “rules” of double bass fingering?

For years, I’d heard about “rules” that I was supposed to follow when figuring out bass fingerings. Honestly, it was a bit confusing to me. They all seemed to conflict with each other, and I was never sure where to begin. Over time, I figured out how these rules work, when to follow them, and […]




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RADPHARM PYP kit for the preparation of Technetium (99mTc) tin pyrophosphate powder for injection multidose vial (sodium pyrophosphate)

Manufacturing




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DALACIN V clindamycin 2% (20mg/g) (as phosphate) cream tube (clindamycin phosphate)

Transport / Logistic issues / Storage capacity issues




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The new tech that could improve care for Parkinson’s patients

Technological advancements allow diabetes patients to monitor their glucose levels remotely. Stanford Medicine researchers are refining similar tools for Parkinson’s patients and the providers they don’t see often enough.

The post The new tech that could improve care for Parkinson’s patients appeared first on Scope.




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The cells that stoke the imaginations of Stanford Medicine scientists

Our researchers picked cells from all over the human body — cells of all shapes, sizes and abilities. From the brain to the heart to the intestines.

The post The cells that stoke the imaginations of Stanford Medicine scientists appeared first on Scope.




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Committee is determined that inquiry will get to the bottom of RHI scheme

The Northern Ireland Assembly’s Public Accounts Committee has reiterated its determination to get to the bottom of the issues in its inquiry into the non-domestic renewable heat incentive scheme.




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Dude, What's My Role? - Cloud-Driven Changes

Recorded live at OTN Architect Day in Los Angeles, a panel of experts responds to an audience question about what happens to traditional IT roles in a Cloud environment.




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What's Really Going to Matter in 2013? - Part 1

Forget the hype! A panel of working architects share their insight into the trends and technologies that will have the greatest impact on their work in 2013.




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What's Really Going to Matter in 2013? - Part 2

The panel of working architects discusses the trends, technologies, and other aspects of enterprise IT that will lose steam in 2013.




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What's Really Going to Matter in 2013? - Part 3

The panel of working architects discusses how the evolution of enterprise IT is profoundly reshaping the IT architecture profession.




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Chatbots: First Steps and Lessons Learned - Part 1

Chabot development comes with a unique set of requirements and considerations that may prove challenging to those making their first excursion into this new breed of services. This podcast features a panel of developers who have been there, done that, and are willing to talk about it.




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Chatbots: First Steps and Lessons Learned - Part 2

The previous podcast featured a discussion of chatbot development with a panel of developers who were part of a program that provided early access to the Oracle Intelligent Bots platform available within the Mobile Cloud Service. In this podcast we continue the discussion of chatbot development with an entirely new panel of developers who also had the opportunity to work with that same Intelligent Bots beta release.

  • Oracle ACE Director Mia Urman is Chief Executive Officer of AuraPlayer Limited. She’s based in Brookline, Massachusetts.
  • Peter Crew is Director at SDS Group, and Chief Technical Officer with MagiaCX Solutions, in Perth, Australia
  • And Christoph Ruepprich is Infrastructure Senior Principal with Accenture Enkitec Group. He’s based in Dallas, TX

In this program Mia, Peter, and Christoph compare notes on the particular challenges that defined their chatbot development experiences, and discuss what they did to meet those challenges.




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What's Hot? Tech Trends That Made a Real Difference in 2017

Forget the hype! Which technologies made a genuine difference in the work of software developers over the past year? For this podcast we gathered five highly respected developers in a tiny hotel room in San Francisco, tossed in a couple of microphones, and let the conversation happen.

The panelists for this podcast are busy, working developers with stellar reputations:

(Listed alphabetically)

  • Lonneke Dikmans, Chief Product Officer at eProseed. Utrecht, NL
  • Lucas Jellema, Chief Technical Officer at AMIS Services. Rotterdam, NL
  • Frank Munz, software architect and Cloud Evangelist at Munz and More. Munich, DE
  • Pratik Patel, Chief Technical Officer at Triplingo and president of the Atlanta Java Users Group. Atlanta, US
  • Chris Richardson, founder and Chief Executive Officer of Eventuate Incorporated. San Francisco, US

This wide-ranging conversation spans containers, microservices, PaaS, IoT, machine learning, and much, much more. Listen!




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#352: Beyond Chatbots: An AI Odyssey

Chatbots. You’ve heard of them. You’ve read about them. You may even be involved in developing them. By a wide margin, one of the most popular Oracle Developer podcasts in the last several months was Chatbot Development, First Steps and Lessons Learned - Part 1 which was published back in September of 2017. So it’s safe to say that chatbots remain a hot topic. So you may be surprised to learn that the conversation you are about to hear doesn’t really focus on chatbots, at least, not directly. Instead, the panel discusses the AI work they're currently involved in, the AI challenges they face, and other issues relevant to developing AI solutions.

View the complete show notes.




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#354: API Monetization: What Developers Need to Know

You’ve heard the term API monetization, but do you really understand what it means? More importantly, do you understand what API monetization means for developers? In this podcast you’ll learn why API monetization is about more than money, and why developers should care.

View the complete show notes.




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#356: Developer Evolution: What's rockin’ roles in IT?

The good news is that the US Bureau of Labor Statistics predicts 24% growth in software developer jobs through 2026. That’s well above average. The outlook for database administrators certainly isn’t bleak, but with projected job growth of 11% to 2026, that’s less than half the growth projected for developers. Job growth for system administrators, at 6% through 2016, is considered average by the BLS. So while the news is positive all around, developers certainly have an advantage. But there is another story behind those numbers. Powerful forces are driving change in long-established IT roles. This podcast examines the trends and technologies behind this evolution, and looks at what roles may emerge in the future.

View the complete show notes.




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#379: Chatbots: Talking the Talk

Already enjoying wide adoption, digital assistants are destined to become even more prevalent.  As the use of digital assistants expands, so do the opportunities for developers with the necessary skills. In this program you’ll meet three people among the vanguard of those developing digital assistants. Oracle ACE Director Mia Urman, Founder and CEO of AuraPlayer, was deeply involved in the development of KBot, the chatbot developed to respond to questions from attendees at the 2019 ODTUG KScope event in Seattle.  David Callaghan, Senior Developer at Hermes, a UK-based parcel delivery company, led the development team behind Holly, the AI entity that has revolutionized customer service at Hermes. Grant Ronald, Director of Product Management within Oracle's Digital Assistant development team, had an active role in Holly’s creation. 

Listen to learn about what goes into the design and development of a chatbot, the challenges encountered along the way, and how to celebrate a chatbot's birthday.




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#383: Cloud Native or Low Code: What, When, Why?

If you listened to our previous episode -- and of course you did! -- you heard a panel discussion of the ins and outs of low code development. In this episode we expand on that initial conversation to bring you a discussion that compares and contrasts low code with cloud native development. 

Returning for this discussion is Joel Kallman, who heads the Oracle development team behind Oracle APEX. Joel is in Columbus, Ohio. Also returning is Oracle ACE Director and Groundbreaker Ambassador Martin Giffy D’Souza. Martin is Director of Innovation at Insum Solutions, and lives in Alberta, Canada. Joining the panel is Oracle ACE Director and Groundbreaker Ambassador Roel Hartman. Roel lives in the Netherlands, where he is Director & Senior APEX Developer at APEX Consulting. Also on the panel is Oracle ACE Director Niels de Bruijn. Niels is Business Unit Manager at MT AG in Cologne, Germany. 

See the complete program show notes.

 




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What Can AI Do for Facility Managers?




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What is a Circular Workplace?




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Recognition of challenges that Roma face in Ukraine key for the promotion of their fundamental rights, say participants at OSCE/ODIHR event

Improving the situation of Roma in Ukraine by enhancing co-operation between Roma civil society organizations and national and regional authorities was the focus of a roundtable meeting organized by the OSCE Office for Democratic Institutions and Human Rights (ODIHR) and the Ministry of Culture of Ukraine in Kyiv on 24 November 2015.

Some 40 participants from Ukrainian national and regional authorities, Roma civil society and the international community, discussed the challenges faced by Roma in the areas of education, employment, housing and policing.

“Further efforts are needed to implement a strong anti-discrimination approach in all policies targeting the integration and protection of Roma and, in particular, of Roma women,” said Mirjam Karoly, ODIHR Senior Adviser on Roma and Sinti Issues. “Measurable progress at the local level can only be achieved if policies are needs-based and have concrete objectives that are matched with measurable indicators and realistic budgets.”

Andriy Vitrenko, Deputy Minister of Culture of Ukraine for European Integration, stated that the Ministry was tasked in 2013to facilitate the implementation of the Strategy on the Protection and Integration of the Roma National Minority into Ukrainian Society up to 2020. “In order to achieve the goals set out in the Strategy, close collaboration among a number of ministries at the national level and good co-ordination with regional and local level authorities are needed.”

During the meeting, the participants emphasized that many Roma lack personal documents, hindering them from exercising their fundamental, social and political rights.

Volodomyr Kondur, Chairperson of the Roma Coalition, said: “We welcome the adoption of national and regional policy documents addressing the problems Roma face, but we want to see effective and sustainable results and ask for ensuring involvement of the Roma civil society in all stages of policy implementation and evaluation.”

The roundtable meeting was organized as a follow-up to ODIHR’s Situation Assessment Report on Roma in Ukraine and the Impact of the Current Crises and in line with the 2003 OSCE Action Plan on Roma and Sinti.

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OSCE Mission to Skopje organises workshop on hate crime for police managers

The OSCE Mission to Skopje organized a workshop on 23 June 2016 for 35 police managers from the Sector of Internal Affairs on identification, prevention and investigation of hate crimes.

The aim of the workshop was to strengthen the capacity of police officers to identify hate crimes and provide responses in line with democratic policing principles and international human rights standards. 

This workshop complemented other previous and ongoing activities of the Mission in this area which are implemented in co-operation with national authorities.

The event was the first in a series of eight workshops which will be held in each sector for internal affairs in the country.

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OSCE workshop in Kosovo focuses on improving the recording of hate crimes

A two-day workshop on  ways to improve the recording of hate crimes  was organized on 11 and 12 July in Prishtinë/Priština by the OSCE Office for Democratic Institutions and Human Rights (ODIHR), the OSCE Mission in Kosovo and the Kosovo Police.

In addition to reinforcing their understanding of the OSCE’s approach to hate crime, workshop participants identified a series of additional improvements in the way local authorities monitor and record hate crimes. Participants also agreed to establish a permanent national mechanism to co-ordinate hate crime data collection.

"Police recording is the key point of entry for information about hate crimes into the criminal justice system. But, the police cannot operate alone," said Ales Giao Hanek, ODIHR Hate Crime Officer. "Co-ordination between all the agencies concerned is crucial, and political support will be required to make the changes identified and agreed upon by participants."

Workshop participants included Kosovo Police specialists responsible for recording and managing crime statistics from all eight policing districts. Police and Prosecution Service focal points on hate crimes took part, as well as representatives from the Kosovo Judicial Institute.

This workshop follows up on an event held in May 2015, which mapped hate crime data collection in Kosovo.

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  • Office for Democratic Institutions and Human Rights
  • OSCE Mission in Kosovo
  • Tolerance and non-discrimination
  • South-Eastern Europe
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