The tortillas are made without preservatives but have a shelf life of six months thanks to their protective carbon dioxide and nitrogen atmospheres – provided that the thermoformed packaging is absolutely airtight.

Reporting by Packaging Strategies over the last several months reveals the innumerable applications of inspection/detection/vision equipment.

The price of crude oil is trading down $-2.20 or -3.12% at $68.20. That's the lowest level since October 30.

The price reached a peak on Thursday at $72.84. That the price briefly above its 38.2% retracement of the move down from the July high at $72.59. However on Friday, the price fell below its 100-hour moving average near $71.50 and in trading today, fell and stayed below its 200-hour moving average at $70.52. It would take a move back above the 200-hour moving average to hurt the bearish bias.

On the downside, the price is approaching a swing low going back to October 18 at $68.13. Move below that level and traders will start to look toward a rising trendline near $68.10. The low price from October 29 comes near $66.69.

Meanwhile, gasoline prices in the US are down -11.36% on the year at $3.19 (average price for all grades of gasoline). Prior to Covid, the price was around $2.78. The low at the depth of Covid reached $1.87. The current level is near the lows from the end of 2023 and start of 2024 near $3.17.

Retail Gasoline prices for all grades of gasoline

Last week, the preliminary Michigan consumer sentiment index rose to 73.0. With gas prices continuing to move lower and the Trump victory, what will that do to sentiment? The high for the Biden administration reached 86.5 with the low at 50.2 in June 2022. That corresponded with the high in gasoline prices.

Later today, Wednesday, 13 November, we get the US consumer inflation data for October 2024

• due at 1330 GMT, which is 0830 US Eastern time

Previews posted already:

• US CPI to be released tomorrow at 8:30 AM. Expectations are for 0.2% MoM

• US CPI data due Wednesday - possible upside surprise.
• US inflation data this week expected to show core CPI moving sideways - risk ahead higher

OK, what to expect. This snapshot from the ForexLive economic data calendar, access it here.

Taking a look at the range of expectations compared to the median consensus (the 'expected' in the screenshot above) for the key data points:

CPI Headline y/y, expected 2.6% with the range showing:

• 2.3% - 2.7%

CPI Headline m/m expected 0.2% with the range showing:

• 0.1 to 0.3%

CPI excluding food and energy (the core rate of inflation) y/y expected 3.3% with the range showing:

• 3.2 - 3.4%

CPI excluding food and energy (the core rate of inflation) m/m expected 0.3% with the range showing:

• 0.2 to 0.4%

***

Why is knowledge of such ranges important?

Data results that fall outside of market low and high expectations tend to move markets more significantly for several reasons:

• Surprise Factor: Markets often price in expectations based on forecasts and previous trends. When data significantly deviates from these expectations, it creates a surprise effect. This can lead to rapid revaluation of assets as investors and traders reassess their positions based on the new information.

• Psychological Impact: Investors and traders are influenced by psychological factors. Extreme data points can evoke strong emotional reactions, leading to overreactions in the market. This can amplify market movements, especially in the short term.

• Risk Reassessment: Unexpected data can lead to a reassessment of risk. If data significantly underperforms or outperforms expectations, it can change the perceived risk of certain investments. For instance, better-than-expected economic data may reduce the perceived risk of investing in equities, leading to a market rally.

• Triggering of Automated Trading: In today’s markets, a significant portion of trading is done by algorithms. These automated systems often have pre-set conditions or thresholds that, when triggered by unexpected data, can lead to large-scale buying or selling.

• Impact on Monetary and Fiscal Policies: Data that is significantly off from expectations can influence the policies of central banks and governments. For example, in the case of the inflation data due today, weaker than expected will fuel speculation of nearer and larger Federal Open Market Committee (FOMC) rate cuts. A stronger (i.e. higher) CPI report will diminish such expectations. the December meeting is in focus right now.

• Liquidity and Market Depth: In some cases, extreme data points can affect market liquidity. If the data is unexpected enough, it might lead to a temporary imbalance in buyers and sellers, causing larger market moves until a new equilibrium is found.

• Chain Reactions and Correlations: Financial markets are interconnected. A significant move in one market or asset class due to unexpected data can lead to correlated moves in other markets, amplifying the overall market impact.

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.

The National Association of Broadcasters (NAB) is hosting a webinar on recruitment strategies for television and radio stations to draw new sales and programming talent. The webinar, “Retooling Your Recruiting Strategy for 2023,” is an NAB members-only event and will take place on Wednesday, February 1 at 3 p.m. ET.

Washington, D.C. – The National Association of Broadcasters (NAB) today, in partnership with its Leadership Foundation, launched "You Belong Here," a multifaceted campaign to help broadcasters find, hire and grow talent in their stations. This campaign marks a significant milestone in the broadcast industry’s journey towards a more diverse, dynamic and inclusive future for local stations.

Some 20 newly-recruited personnel of the Atlantis rehabilitation centre took part in a two-week capacity building training course, conducted in the premises of the penal colony in the village of Novopokrovka, which concluded on 10 June. The event was organized by the Kyrgyz State Service for Execution of Punishment (SSEP) and the OSCE Centre in Bishkek.

OSCE-supported international trainers and specialists on therapeutic work with drug- and alcohol-addicted prisoners presented the Minnesotan treatment model, which is recognized as a global best practice among psychotherapeutic programmes for treatment of people with such problems, and organized practical sessions on the development of therapeutic skills.

“Specific professional training is critical to enable the staff of the penitentiary service to carry out their work in full safety,” said Daniele Rumolo, Senior Human Dimension Officer at the OSCE Centre in Bishkek. “Providing them with the necessary skills to effectively deal with specific categories of prisoners is also crucial to prevent criminal activities inside the prisons and enhance the respect of the rule of law.”

The course is part of an OSCE project on supporting the implementation of the National Strategy on the Development of Penitentiary System “Umut-2”. The project addresses the human rights situation and safety in penitentiary establishments through capacity building activities for prison staff.

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• OSCE Centre in Bishkek supports workshop on crime prevention through partnerships between police, civil organizations and the public
• OSCE Centre in Bishkek supports newly established working group on police reform
• OSCE Centre in Bishkek hosts regional discussion on Security Sector Governance and Reform

VIENNA, 16 June 2016 – Accountability is crucial to preventing future crimes against humanity, war crimes and genocide, said President of the Hague-based International Criminal Court (ICC), Judge Silvia Fernandez de Gurmendi as she addressed the 823d meeting of the Forum for Security Co-operation (FSC) on Wednesday in Vienna.

Fernandez emphasized that the current security challenges are staggering in their numbers and complexity.

“The world is facing destabilizing conflicts around the globe which include not only deliberate acts of violence against the physical security and well-being of civilians, but also deliberate attacks against their cultures and identities,” she said. “This demands a multi-faceted response from the international community to stop violence in the short-term, but also sustainable conflict resolution in the long-term.”

Fernandez stressed the importance of justice in preventing future crimes and the necessity of building the capacity of national jurisdictions. The ICC can exercise jurisdiction over crimes against humanity, war crimes and genocide but it is complementary and not intended to replace national systems, she noted.

“Capacity building of national jurisdictions is essential. The OSCE has played a role - especially in the former Yugoslavia - and can also make contributions through supporting the rule of law and democratic institutions,” Fernandez said.

Ambassador Adam Bugajski of Poland, the OSCE participating State currently chairing the FSC, said: “In paragraph 30 of the Code of Conduct we committed ourselves, inter alia, to ensure that armed forces personnel are aware they are individually accountable under national and international law for their actions."

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• OSCE Forum for Security Co-operation: Modernizing the Vienna Document and strong CSBMs are key responses to security challenges
• Gender equality in the military enhances security for all, say participants of joint OSCE Forum for Security Co-operation-Permanent Council meeting
• Mongolia hosts OSCE conference on the role of armed and security forces in democratic societies

VIENNA, 14 June 2016 – Preventing and responding to the terrorist radicalization of youth north and south of the Mediterranean was in focus of the OSCE Mediterranean Contact Group meeting held today in Vienna.

“We need to step up efforts to prevent radicalization amongst youth”, said the Chairperson of the Contact Group, Permanent Representative of Austria to the OSCE Christian Strohal. “Ensuring the participation of youth, socially, economically and politically, is very important in this regard.”

Fadwa Al Ahmadi, a youth activist from Tunisia, stressed the need to create spaces for youth to express themselves: “Youth empowerment is crucial in preventing violent extremism in North Africa. We must help them to be heard.”

Véronique Roger-Lacan, the Permanent Representative of France to the OSCE, said: “We support wholeheartedly the efficient work carried out by the UnitedCVE team, in their relationship with the youth of the OSCE’s 57 participating States. We call on civil society to maintain its engagement against the radicalization of youth. We continue to co-operate in the fight against recruiters and terrorists.”

French filmmaker Fabienne Servan Schreiber, who works on creating counter-narratives to radicalization in film, stressed the importance of working with parents affected by violent extremism and sharing their stories: “Parents are on the frontlines and must be at the centre of the fight against violent extremism and radicalization leading to terrorism.”

“We must help parents to help their children,” said Valérie de Boisrolin, President of the French Association Syrie-Prevention-Famille, whose daughter left to Syria in 2013. “There is such ignorance about religion among young people who leave to fight in Syria. We also need to make youth aware of the reality of terrorism on the ground, violence and abuse. We must unite and do all we can to work with young people who come back from the hands of ‘Daesh’.” 

OSCE Secretary General Lamberto Zannier launched in 2015 the organization-wide campaign ‘OSCE United in Countering Violent Extremism’ (#UnitedCVE) to underscore that the OSCE stands together as one in countering violent extremism and radicalization leading to terrorism.

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• Winners of OSCE design contest challenge violent extremism with creative cartoons
• #LetsDoodle: challenging violent extremism with cartoons
• OSCE organizes field study in sustainable energy for the OSCE Mediterranean Partner Countries.

"Everything you are, everything you've done... has come to this." Paramount Pictures has unveiled the epic teaser trailer for the grand finale in the M:I series now officially titled Mission: Impossible - The Final Reckoning. Apparently they've agreed to finally admit that this will be the last Ethan Hunt movie (hence the title), even though there were rumors that Tom Cruise didn't want to say this yet. The 8th entry in the long running Mission Impossible franchise - and the conclusion to Mission: Impossible - Dead Reckoning Part One from 2023. Plot details are still a secret - it's obvious Hunt needs to stop a dangerous weapon from destroying the world and will go to the submarine to find out more. The massive cast of Final Reckoning: Tom Cruise with Hayley Atwell, Ving Rhames, Simon Pegg, Vanessa Kirby, Esai Morales, Pom Klementieff, Mariela Garriga, Henry Czerny, Holt McCallany, Janet McTeer, Nick Offerman, Hannah Waddingham, Angela Bassett, Shea Whigham, Greg Tarzan Davis, Charles Parnell, Frederick Schmidt. What an fantastic teaser! I got chills! The biplanes aerial stunt sequence they shot in 2022 is also finally going to be in this. Cannot wait! It's finally ready for a summer 2025 release next […]

Fox was unusually strict about Futurama not being allowed to hire animators from certain other series to work on its first season.