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Officials from the U.S., Canada, and Finland on Wednesday signed a memorandum of understanding (MoU) that formally launches a trilateral effort to share resources and knowhow to develop and produce […]

Newly elected Senate Republican leader John Thune (R-S.D.) reiterated his openness on Wednesday to potentially allowing recess appointments to skirt around the traditional confirmation process and quickly install President-elect Trump’s […]

The Heating, Refrigeration, and Air Conditioning Institute of Canada (HRAI) reported decreases in commercial and residential air conditioning shipments year-to-date in the fourth quarter.

The Heating, Refrigeration and Air Conditioning Institute of Canada (HRAI) has announced that the 47th Annual HRAI Annual General Meeting and Conference has the theme “Opportunities through Challenge & Change.” Following that theme, this year’s event is implementing changes to provide an improved conference.

The Heating, Refrigeration, and Air Conditioning Institute of Canada (HRAI) reported that ductless split systems shipments had a major increase of 20 percent in the first quarter of 2016. Residential air conditioning showed an increase of 2 percent.

Ameresco Inc. announced that it has partnered with the National Research Council of Canada (NRC) on a new energy savings project. The $3.9 million (CAD) comprehensive energy efficiency and facility renewal project at NRC research facilities is expected to save over $330,000 annually in utility costs.

Posted by Nanog News on Nov 13

The latest version of Xactware’s estimating software contains enhanced features to make estimating renovation and repair costs faster, easier, and more effective.

Wahl Instruments Inc. adds the HSI3000B to its line of Wahl Heat Spy Thermal Imaging Cameras.  This new thermal imaging camera for buildings “is the best equipped entry level device on the market – with the highest specification in its class."

The 90-minute LeadSafe Video Solutions “RRP Lead Safe Practices” video and manual offer real-world examples of lead-safe practices to help embrace the new RRP rules

The FireBird Fury features 750 CFM of airflow for a safe temperature rise and maximum heat circulation. With its integrated 12” inlet and outlet duct connections and included remote thermostat, the Firebird Fury can effectively deliver heat and control temperature even into remote or inaccessible spaces.

Meyer’s Zephyr duct cleaning vacuum features a 31-hp engine, which powers both its custom-engineered fan and KleanSweeper compressor to help eliminate potential problems and maintenance on a second engine, while saving weight and space.

EagleView Technologies, the leader in 3D aerial roof measurements, offers a mobile app optimized for your iPad or Tablet.

The new ZipDoor kit is a great way to create a dust barrier when all you need to seal is the doorway.

11/19/2024 - 12:00 PM - Venue: Eagles lodge

In 2011, Congress passed the Food Safety Modernization Act (FSMA), which mandates a shift in approach to food safety from reaction to prevention.

Today's consumers are much more likely to focus on changing their snacking habits in order to achieve weight loss success.

FSX 2025 is designed as a platform for knowledge-sharing, professional growth, and collaboration among key stakeholders in the food industry.

NZD/USD not a lot changed. The kiwi$ lost ground with the broad US dollar bid.

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The New Zealand Food Price Index (FPI) is a measure of the changes in the average price of food items sold in New Zealand.

• calculated and published monthly by Statistics New Zealand
• the FPI tracks the prices of a basket of food items that represent the typical spending patterns of New Zealand households
• the FPI is an important indicator of inflation in New Zealand, as food prices account for a significant portion of household expenditure

The data is a day later than normal this week due to the US holiday on Monday.

The numbers via oilprice.com on Twitter:

--

Expectations I had seen centred on:

• Headline crude +0.1 mn barrels
• Distillates +0.2 mn bbls
• Gasoline +0.6 mn

---

This data point is from a privately-conducted survey by the American Petroleum Institute (API).

• It's a survey of oil storage facilities and companies
• The official report is due Wednesday morning US time.

The two reports are quite different.The official government data comes from the US Energy Information Administration (EIA)

• Its based on data from the Department of Energy and other government agencies
• Whereas information on total crude oil storage levels and variations from the previous week's levels are both provided by the API report, the EIA report also provides statistics on inputs and outputs from refineries, as well as other significant indicators of the status of the oil market, and storage levels for various grades of crude oil, such as light, medium, and heavy.
• the EIA report is held to be more accurate and comprehensive than the survey from the API

The October jobs report from Australia was not as strong as we have become accustomed to:

• Australian October unemployment rate 4.1% (vs. 4.1% expected)

It was not a poor report, just not another blockbuster!

AUD/USD is not a lot changed. Earlier we had Reserve Bank of Australia Governor Bullock sounding not dovish:

• RBA Bullock says rates are restrictive enough, staying there until confident on inflation

The rising USD continues to ... rise still.

EUR/USD is circa 1.0555 and at its lowest since November last year.

The Federal Reserve appears to be on track for a December rate cut but its not bothering dollar bulls, taking their cues from the world of politics dollar-bostering Trump policies. Trump, of course, won't in the big chair until after January 20 but markets discount the future. Or what they expect in the future anyway. And that's a stronger dollar for now.

• German DAX futures -0.1%
• UK FTSE futures -0.2%

This comes with S&P 500 futures also seen down by 0.2% currently. Wall Street had a mixed day but overall was little changed, as investors pumped the brakes on the post-election euphoria for the time being. In Europe, things are still muddy as the threat of Trump tariffs continue to cloud the bigger picture outlook for next year.

• Eurostoxx +0.6%
• Germany DAX +0.7%
• France CAC 40 +0.3%
• UK FTSE flat
• Spain IBEX +0.3%
• Italy FTSE MIB +0.4%

It's still early in the day but European indices are at least hoping to recover some poise after the fall earlier in the week. US futures are also seen flattish at the moment, after having been down earlier in the day. So, that's at least helping with the broader market mood. But again for Europe, the outlook remains challenging considering all the recent developments with regards to German politics and the US election result.

St. Louis Fed Pres. Musalem is scheduled to speak at the top of the hour. Musalem is a voting member in 2025. Back on October 7, Musalem spoke and said:

• More rate cuts likely given economic outlook.
• Won't predict timing or size of future Fed easings.
• Personal rate outlook is above Fed’s median view.
• Costs of easing too much outweigh easing too little.
• Supported Fed’s decision last month to cut rates by 50 basis points.
• Policy patience has served Fed well.
• Cooler job market still consistent with strong economy.
• Expects inflation pressures to continue to abate.
• Expects inflation to converge to 2% over next couple of quarters.
• Financial conditions remain supportive of growth.
• Some economic activity slowed by rate policy, election uncertainty.

That was over a month ago. So how he weighs in now will be interesting given the backup in yields and other economic and other developments since that time

2100 GMT / 1600 US Eastern time on Thursday, November 14, 2024:

• Bank of England Governor Andrew Bailey will deliver a speech at the Annual Financial and Professional Services Dinner, Mansion House

We last heard from Bailey a week ago:

• BOE governor Bailey: I will not specify what gradual means for rate cuts
• BOE governor Bailey: We do not have a specific equilibrium level of interest rate in mind
• BOE governor Bailey: We still need to see services inflation to come down more broadly

Federal Reserve Chair Jerome Powell delivers a speech on his economic outlook, followed by a question and answer session.

• Powell participates in "Global Perspectives" conversation before event hosted by the Dallas Regional Chamber, World Affairs Council of DFW and the Federal Reserve Bank of Dallas
• @ 2000 GMT / 1500 US Eastern time

While the Fed seems committed to a December rate cut not all signs in the CPI data on Wednesday were encouraging.

0830 GMT / 0330 US Eastern time - Remarks by European Central Bank's vice president Luis de Guindos at 31 Encuentro del Sector Financiero organised by ABC and Deloitte in Madrid, Spain

1830 GMT / 1330 US Eastern time - Participation by ECB Board member Isabel Schnabel in policy panel "Reassessing Policy Tools for Current and Future Challenges" at 25th Jacques Polak Annual Research Conference "Rethinking the Policy Toolkit in a Turbulent Global Economy" in Washington, DC

1900 GMT / 1400 Remarks by ECB President Christine Lagarde at Choiseul Sovereignty Awards 2024 ceremony

I posted yesterday on the prospect of deeper than expected ECB rate cuts yet to come:

• ECB Interest Rate Forecast: Deutsche Bank's 7 reasons for projecting a lower terminal rate

Meanwhile, EUR is struggling near a one-year low:

Mann spoke Wednesday:

• BOE's Mann: I describe myself as an 'activist' rather than a 'gradualist' on rates
• BOE's Mann: Inflation has definitely not been vanquished

Mann was the sole dissent at the previous BoE meeting, voting to keep the Bank rate on hold.

Speaking again at 1300 GMT / 0800 US Eastern time:

• at the Society of Professional Economists Annual Conference

Also on the speaker circuit is Governor Bailey:

• GBP traders heads up - Bank of England Governor Bailey is speaking late Thursday

The data is here from earlier:

• Australian October unemployment rate 4.1% (vs. 4.1% expected)
• AUD/USD little changed after the October employment report showed a steady jobless rate
  • (ps. AUD/USD has slid a little since this post, broadly stronger USD the culprit)

Westpac with the recap, in brief:

Australian labour market remains in relatively solid health

• employment growth slowing broadly in line with population growth
• average hours holding steady
• few signs that labour demand is capitulating to an extent that warrants concern
• labour market conditions remain somewhat tight ... this is not translating to stronger wage inflation pressures
• On balance, today’s update will see the RBA continue to remain focused on the dynamics around underlying inflation.

***

Speaking of the RBA, we heard from Bullock earlier, not dovish:

• RBA Bullock says rates are restrictive enough, staying there until confident on inflation

***

AUD/USD update:

Times below are GBT / US Eastern time:

1400 / 0900 Federal Reserve Bank of Richmond President Thomas Barkin speaks on the economy in fireside chat before the Real Estate Roundtable

1500 / 1000 Federal Reserve Board Governor Adriana Kugler speaks on "Central Bank Independence and Economic Outlook" before the Latin American and Caribbean Economic Association (LACEA) and the Latin American Chapter of the Econometric Society 2024 Meeting

2000 / 1500 Powell, as already noted

2115 / 1615 Federal Reserve Bank of New York President John Williams speaks before the "Intermediating Impact: Making Missing Markets" event hosted by the Federal Reserve Bank of New York

As head of the NY Fed Williams is vice chair of the Federal Open Market Committee (FOMC) and has a permanent vote at the table. .

Manufacturing

Unexpected increase in consumer demand

The main objective of this OSCE project is to create evidence including in the context of conflict/crisis  to be used in the long term for improved programming and policy-making.

The contractor will be expected to undertake all aspects of work relating to the survey and additional qualitative research, including:

• pre-test/pilot study of the new conflict module;
• development of country/area specific research tools;
• qualitative key expert interviews and focus group discussions;
• interviewer selection (female interviewers only);
• interviewer training;
• random selection of respondents;
• questionnaire finalisation and translation of fieldwork and interviewer training materials;
• all fieldwork/data collection;
• data entry and processing;
• data analysis and drafting several thematic and regional reports.

The data will be collected through the use of structured, quantitative survey interviews and additional key expert interviews and focus group discussions. The survey interviews will be carried out face-to-face in each country/area by female interviewers who have completed in-depth, in-person training dedicated to the topic of the survey.

The interviews will be conducted using a standardised questionnaire already developed. Part of the contract will be testing revisions on this questionnaire and finalizing it.

The required net sample size is a minimum of 1500 women per country/area using a strict random (probability) sample.

The Contractor will be responsible for ensuring the quality, consistency and timeliness of work carried out in each country/area selected to take part in the study. The consistency of the methods and procedures applied in the various countries/areas and strict compliance with the detailed methodology of the survey needs to be ensured by the Contractor. The foreseen total duration of the assignment is 15 months.

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• Implementation of the Project “Promoting awareness-raising tools on combating sexual exploitation through internet (social theatre) (2016)”
• Provision of Printing and related Services for the OSCE
• Provision of IT Security Consulting Services on IT Information Security Incident Response

TASHKENT, 20 May 2015 – A two-day workshop on cyber and ICT security issues began in Tashkent today. The event brought together some 40 participants, including 10 international experts from Austria, Estonia, France, Germany, Switzerland, UK, USA as well as representatives of the national parliament, judiciary, ministries for information technology, foreign affairs, academia and law enforcement agencies.

The event facilitated discussions among international and national experts on global, regional and bilateral efforts to enhance international Cyber Security. Best practice and lessons learned in investigations in the field of counter-narrative strategies to counter extremism online as well as countering the use of the Internet for terrorist purposes were also debated. Participants also discussed current threats in cybercrime, local legislations and strategies in use.

“Cybercrime is a new kind of threat that makes people vulnerable to cyber-criminals who can commit crimes against victims located thousands of kilometres away”, stated Deputy Head of Police Academy, Abror Otajonov, in his opening remarks. “This threat to our security can only be addressed by ensuring close international cooperation and adopting comprehensive national policies and developing relevant capacities”.

Ben Hiller, Cyber Security Officer of the OSCE Transnational Threats Department, said: ”With its comprehensive and inclusive approach the OSCE represents a bridge between different national and international approaches to tackling cyber/ICT threats and allows various stakeholders dealing with different cyber threats to move forward in a complementary manner.“

This event was organized in co-operation with the OSCE Transnational Threats Department, as part of the multi-year support provided by the OSCE Project Co-ordinator in Uzbekistan to the National Police Academy to improve the staff training system. 

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• OSCE promotes implementation of effective traffic safety measures in Uzbekistan
• OSCE Project Co-ordinator lights up central Tashkent with 20 solar-powered street lamps
• OSCE launches training seminar for Uzbek journalists on human trafficking

TASHKENT, 7 April 2016 – The implementation of traffic management and effective road safety measures were the focus of an OSCE-supported roundtable discussion for some 40 representatives of the Interior Ministry, Parliament, state agencies, media and civil society, and a two-day seminar for 25 traffic police officers, held in Tashkent from 5 to 7 April. 

The roundtable saw discussions focus on the measures Uzbekistan has been taking in implementing the state programme on traffic safety and ways to strengthen road traffic security. Three experts from Turkey and Serbia shared best practices on traffic management, public awareness campaigns and road safety measures implemented in their countries. Special emphasis was put on the importance of effective communication between different stakeholders with the overall aim of preventing traffic accidents and promoting good practices.

“It is important to maintain a constructive dialogue between different stakeholders involved in implementing newly-adopted regulations aimed at enhancing the efficiency of traffic-safety measures and raising awareness among the population about road-related risks,” said Nataša Rašić, Acting OSCE Project Co-ordinator in Uzbekistan.

Following the roundtable discussion, officers from the Interior Ministry’s Traffic Safety Police Department enhanced their knowledge during a seminar about best practices in enforcing traffic regulations. The experts from Turkey and Serbia provided a comprehensive overview of the road safety situation in their countries while highlighting the advantages of integrated road systems and new technologies in road safety, including the video control of roads.

The seminar’s participants also exchanged views on new methods of traffic police training and stressed the importance of improving driver education as well as the procedures for granting driver’s licences.

The events were organized in co-operation with the Interior Ministry as part of a joint project aimed at improving the efficiency of traffic safety measures in Uzbekistan.

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• OSCE Project Co-ordinator lights up central Tashkent with 20 solar-powered street lamps
• OSCE launches training seminar for Uzbek journalists on human trafficking
• OSCE-supported training course in Uzbekistan focuses on addressing and preventing human trafficking in the tourism sector

Equal access to justice for women and men was the focus of an OSCE-supported forum on 9 June 2016 in Kyiv, which brought together over 80 representatives of the national justice system, legislative and executive authorities, the Ombudsman Office, regional and international organizations and NGOs.

The OSCE Project Co-ordinator in Ukraine organized the forum jointly with USAID’s Fair Justice project and the National Judicial Institute of Canada.

The participants discussed common barriers to access of women and men to justice, such as discriminatory laws, social and cultural patterns, gender bias in the justice system and lack of financial and other resources, and outlined the measures needed to gather gender- disaggregated statistical data in the judiciary. They also exchanged experiences and presented good practices for promoting equal access of women and men to justice and enhancing networking and partnerships among judiciary and civil society, and developed recommendations for improving gender mainstreaming in judicial reform.

During the forum, the OSCE Project Co-ordinator presented its new publication ‘Gender in Justice’, which provides recommendations for judges and lawyers on the implementation of gender equality in their work. The publication is based on the findings of a survey conducted among 400 judges and lawyers designed to uncover existing behavioural prejudices in their professional environment.

The event was organized as part of the OSCE Project Co-ordinator’s project on  safeguarding human rights through courts, implemented with financial support from the Government of Canada. 

Related Stories

• OSCE Project Co-ordinator in Ukraine trains social entrepreneurs on social media marketing
• OSCE supports Ukrainian legal education practitioners in developing human rights-oriented approaches to their work
• Latest from OSCE Special Monitoring Mission (SMM) to Ukraine, based on information received as of 19:30, 25 July 2016