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Fujitsu Offers Solutions for People Adjusting to New Normal

At this year’s AHR Expo, Fujitsu presented the ways it can make the pandemic’s new way of living more comfortable.




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Episode 174: Chip Manufacturing and Waferscanners

Guest: Wilbert Albers Host: Markus In this episode we take a look at microchip production, with a special focus on waferscanners. To do this, we talked with Wilbert Albers of ASML, the leading waferscanner manufacturer in the world. In the episode, we talk about the overall chip production process (from silicon sand over wafer cutting […]




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Restoration Group Suffers Setback in Fight Against New Insurance Laws

Florida Association sees lawsuit dismissed, ABC wins in court, and IICRC is included in legislation.




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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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Flexible Packaging Offers Sustainable Solutions

Sustainable solutions continue to be a top priority for consumer packaging goods (CPG) companies.




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Dalston's Soda Secondary Packaging Offers Soda with Soul

Dalston’s Soda worked with B&B studio to design outer boxes for shipping that reinforce its ‘soda with soul’ brand positioning. The delivery boxes help create further brand love from existing online buyers, while introducing new consumers to the brand’s values and personality.

 




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Amcor’s new Innovation Center offers latest in material science, packaging design

Amcor has opened its European Innovation Center in Belgium. The facility will partner with brands and retailers from across the region to design packaging that delivers better results for consumers and the environment alike.




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Covectra Offers Packaging Serialization to Combat Counterfeiting

Covectra designed the AuthentiTrack solution to ensure product integrity. It is intended to combat counterfeiting and diversion across a wide range of industries including food & beverage, electronics, fashion, cosmetics, luxury goods and more.

 




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Tape-Opening Device Offers Easy Opening of Board & Paper-Based Packaging

Building on the success of Rippatape – the original market-leading tape-based opening device for board and paper-based packaging – Essentra Tear Tapes has launched Rippatape X.




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Eco-Products Offers Compostable Products to Help Food Biz Comply with Colorado Law

Veridian™ products are easily identifiable as compostable and are compliant with the state’s upcoming labeling law.




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Schur Star Offers Double and Triple Bagging of Sterile Products

The SchurStar Packaging Machine offers fully automated bagging of pharmaceutical items.




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Velteko Offers Packaging Machines for Operations Requiring High Hygiene Standards

The VELTEKO WASHDOWN-360 vertical packaging machine can be used in operations with more stringent hygiene requirements as well as anywhere that liquids need to be packaged.




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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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NAB Offers Webinar on Recruiting and On-Boarding Empowered and Diverse Workforces

WASHINGTON, D.C. -- The National Association of Broadcasters (NAB) and TriNet, a leading provider of comprehensive human resources for small and medium-size businesses (SMBs), will present an exclusive webinar for NAB members on July 21st at 1 p.m. ET focused on recruiting and on-boarding an empowered, diverse workforce. NAB members will receive an email invitation with registration information for this free webinar.




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A-Listers and Industry Insiders: NAB Show Offers Lineup Packed with Heavy Hitters

Washington, D.C.— NAB Show brings together a dynamic mix of celebrities, broadcasters, renowned creators and industry leaders to deliver key insights, discuss innovation and chart the course for the future of broadcast, media and entertainment. These thought leaders will converge at the Las Vegas Convention Center April 13 - 17, 2024, (Exhibits April 14 - 17) to share knowledge, collaborate and network with peers.




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Human Medicines (Amendments Relating to Naloxone and Transfers of Functions) Regulations 2024: Department of Health

Room 29, Parliament Buildings



  • Committee for Health

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Centara launches exciting Isan offers

Centara Hotels & Resorts launches Love Isaan offers valid for a limited time at three hotels in the northeastern region.




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FIGI - DFS - Technical Report on Methodology for inter-operator and cross-border P2P money transfers

FIGI - DFS - Technical Report on Methodology for inter-operator and cross-border P2P money transfers







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Recruiting Roofers in 2021

Competition for employees will continue to grow and be a major business issue for years to come.




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Fine the Roofers

There might be a better way to enforce fall protection among roofing crews, but is fining them directly the answer?




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Roofers ready to roll out financing solutions have a strategic edge to boost profitability and tap into new revenue streams

Scott Stiglich, senior vice president of channel partnerships at Watercress Financial, breaks down why roofing contractors need to incorporate financing solutions to their business model in this exclusive Q&A.




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Owens Corning Roofing Offers Customized Referral App

Owens Corning has partnered with Get The Referral to offer a branded referral app for its Roofing Contractor Network, streamlining referrals, rewards, and customer engagement.




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Project Profile: Metl-Span’s Color Palette Offers School District Unlimited Flexibility

In using Metl-Span's offerings, a school district's buildings received exterior cladding systems that were cost-effective, attractive, met energy requirements and were fast to construct.




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New Independent Contractor Rule Impacts Roofers in March

A final ruling on independent contractors is in, and Legal Insights Expert Trent Cotney says roofing companies may need to reclassify some of their workers, taking a financial hit.




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PHOTOS: Highlighting Latino Roofers at IRE 2024

The number of Latino roofing contractors is on the rise and showed up in force at the 2024 International Roofing Expo.




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Premier Building Associates, an RC ‘Top 100’ Contractor, Offers Equity Position

Boyne Capital, a Miami-based private equity firm, said an affiliate invested in Premier Building Associates, a top commercial roofing firm in New England and No. 100 on RC's 2024 Top 150 list; this is Boyne's second investment in the roofing sector.




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Best of Success 2021: Roofers Reunite at the Star

RC's 17th annual conference draws roofing professionals back to The Star in Dallas.




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Is Google Maps Relevant for Roofers in 2024?

Why should a roofing company, which likely has clients who don't drive to a branch location, care about using Google Maps? The answer is three letters: S, E and O; they mean more than you may know.




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Czarnik Offers Recruitment Action Plan, Warns of Ongoing Worker Deficit

2023 International Roofing Expo keynote speaker Chris Czarnik offers a sober outlook on future difficulties facing the roofing industry's search for qualified workers and what steps contractors should take to ensure their talent pool remains full.




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In Unusual Twist, Roofers Leary of Lowering Workers' Comp Rates

The Florida Roofing Contractors Association urged state regulators to freeze workers' comp rates, citing post-hurricane labor shortages and risks from inexperienced workers despite proposed cuts.




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Hurricane Milton Update: Group Urges Lawmakers to Allow Wind-Mit by Roofers

Industry experts and trade groups, such as the Florida Roofing and Sheet Metal Contractors Association, are urging Florida regulators to allow roofing contractors to install hurricane straps during reroofing.




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Canon offers printers the power to transform their businesses at drupa 2024

At drupa 2024 (Messe Düsseldorf, 28 May – 7 June 2024, Hall 8a), Canon is showcasing its full capabilities as a leading provider of end-to-end digital production print solutions and services. Under the banner of ‘The Power to Move’, Canon is demonstrating how, in collaboration with partners, it works closely with customers to deliver the transformative technologies...




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ACI Group offers digital solutions as BCI report highlights widespread supply chain chaos

ACI Group has shone a spotlight on the importance of supply chain digitalisation in response to a Business Continuity Institute (BCI) report which found that almost 80% of organisations have experienced supply chain disruptions over the past year.




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Domino offers high-speed serialisation of plastic pharmaceutical bottles with new U510 UV laser coder

Domino Printing Sciences (Domino) has launched the new U510 – a state-of-the-art UV laser coder for permanent codes on white and coloured plastics, including high- and low-density polyethylene (HDPE and LDPE) pharmaceutical bottles. 




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Ukraine will get F-16 fighter jets from the Dutch and Danes after the US agrees to allow transfers

Officials say the United States has given its approval for the Netherlands and Denmark to deliver F-16s to Ukraine. The defense ministers of those two NATO countries announced the decision Friday. It is a major gain for Kyiv even though the fighter jets won’t have an impact any time soon on the almost 18-month war. It was not immediately clear when the first F-16s might enter the conflict. Denmark says it will hand over some of its F-16s only after receiving its new F-35 jet fighters, which are due to start arriving on Oct. 1. Officials have previously said that Ukrainian pilots will need six to eight months of training on the F-16s.

The post Ukraine will get F-16 fighter jets from the Dutch and Danes after the US agrees to allow transfers first appeared on Federal News Network.




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Your MSP is Not Making Enough Offers

Boost your MSP revenue by making more offers! Learn how consistent selling, even through soft offers, can help you grow your business without the discomfort

Source: Your MSP is Not Making Enough Offers - Technibble.com



  • MSP Content Marketing
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Foundation honoring 'Star Trek' creator offers million-dollar prize to develop AI that's 'used for good'

The Gene Roddenberry foundation will award $1 million to an early-stage venture focused on harnessing artificial intelligence in service of humanity.




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Apple co-founder Steve Wozniak suffers minor stroke while in Mexico

Steve Wozniak, co-founder of Apple, experienced a stroke during his trip to Mexico on Wednesday.




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'Sweet Tooth' Offers First look at DC Universe's Hybrid Post-Apocalypse World in Teaser

In a surprising twist, the upcoming Netflix series is executive produced by Robert Downey, Jr., who is famously known as Iron Man in Marvel Cinematic Universe, and his wife Susan Downey.




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Chelsea Houska Offers This Reason for Departure From 'Teen Mom 2'

The reality star, who exited the show after 10 seasons, claims she is 'worried' her 11-year-old daughter Aubree 'can't tell me things because it's going to be aired to millions of people.'




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Tiffany Haddish Reveals Why She Prefers Adopting to Going Through Surrogacy

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Chelsea Houska Offers This Reason for Departure From 'Teen Mom 2'

The reality star, who exited the show after 10 seasons, claims she is 'worried' her 11-year-old daughter Aubree 'can't tell me things because it's going to be aired to millions of people.'




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Noah Centineo Offers No Reason for Withdrawal From He-Man Role in 'Masters of the Universe'

A representative for the 'To All the Boys I've Loved Before' star confirms the actor is no longer attached to the project that has been set up at Sony Pictures and Mattel Films for years.







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Wolverhampton charity golfers in the swing

Transport firm raise record amount for childrens charity.