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Low oil

Odoo, an open-source ERP system signed a Memorandum of Understanding with Saudi Arabian Oil Company (“Aramco”) aiming to supercharge growth for small and medium businesses in Saudi Arabia DUBAI, UAE – EQS Newswire – 7 November 2022 – The strategic collaboration between Odoo (https://www.Odoo.com/) and Aramco outlines the long-term goals between the two companies in line with Saudi Arabia’s Vision 2030. Small and medium-sized enterprises (SMEs) are […]

Tirupati’s world famous Lord Venkateswara temple’s net worth of over Rs 2.5 lakh crore (about $30 billion) is more than the market capitalisation of IT services firm Wipro, food and beverage company Nestle and state-owned oil giants ONGC and IOC. Tirumala Tirupati Devasthanams, keeper of the temple dedicated to Tirupati’s presiding deity, for the first […]

The post Tirupati temple richer than India’s biggest firms first appeared on IPA Newspack.

By Dr. Soma Marla Genetic Engineering Appraisal Committee, GOI (GEAC) has permitted on October 18 the environmental release of genetically-modified (GM) mustard. Being the first food crop, the studies by expert question the environmental and biosafety as well as human health risks associated with hasty government approval. Gory experience of GM cotton, which resulted in […]

The post Clearance To GM Mustard Is Harmful To Environment And Human Health first appeared on IPA Newspack.

SYDNEY, AUSTRALIA – Media OutReach – 3 November 2022 – Hexagon’s Asset Lifecycle Intelligence division today announced the release of the Decarbonisation Confidence Index Research report for the Asia-Pacific region. Vital and heavy industries including oil & gas, chemicals, power, construction and infrastructure, face enormous pressure to demonstrate meaningful decarbonising action. The report covers the constraints and opportunities for organisations to fulfil their ESG/sustainability commitments. The Decarbonisation […]

Matein Khalid My digital purdah came to an end with a bang and not a whimper as Powell made it clear that it is “very premature to think about a pausing”. This was a cold shower to the bulls and the DJIA went from +350 to -500. What an ouch! The Treasury bond market resumed its bloodbath. Chairman Powell’s message to the Street was precisely what I […]

Matein Khalid I was invited by Geneva’s Bank Syz for a fascinating discussion with its CIO Charles Monchau and some of my close friends who are family office CIOs at Zuma, a wonderful venue that I had never visited in the afternoon until now. It is always nice to see a familiar place from a totally different perspective in sunlight fortified by Evian! Danke schön/merci beaucoup/molto grazie […]

By Clara E. Mattei Beneto Mussolini took over effective power in Italy in October 1922Just over a month after the Italian fascists’ March on Rome in October 1922, the parliamentary votes of the National Fascist Party, the Liberal Party, and the People’s Party (or the popolari, a Catholic party and predecessor of Christian Democracy) introduced […]

The post Decoding How Mussolini Came To Power In Italy One Hundred Years Ago first appeared on IPA Newspack.

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Matein Khalid Microsoft is down 7.8% as I write as the thesis I outlined yesterday for the 330 short is sadly playing out and now even the Azure growth franchise exhibits decelerating growth. PC shipments, IT spending, operating margins and EPS are all going to be downgraded in the next six months. I am really convinced that MSFT will trade well below 200 by early 2023. My […]

All Resolutions for the Annual General Meetings Passed with over 96% Support STEINHAUSEN, SWITZERLAND – EQS Newswire – 25 October 2022 – Terraoil Swiss AG (“Company”), an energy company with a strong focus on the Mediterranean is pleased to announce that the Annual General Meetings for fiscal years 2020 and 2021 were held as scheduled on October 20, 2022 at Theater Casino, Zug Switzerland. Shareholders were provided […]

By Arun Srivastava Boris Johnson is known for his excellent manoeuvring political skill. His rusticity has added to his charisma and this has been primarily the reason that Britons entrusted him to task to lead their country. Obviously the person who has put lot of efforts to build his image over the years would not […]

The post Rishi Sunak Has The Toughest Task Now To Turn Around British Economy first appeared on IPA Newspack.

By Sankar Ray The gloss of political triumph in the sweeping victory by the Pakistan-Teehreek-e-Insaaf in seven out of eight bye-elections to the National Assembly faded out by a technical knockout by the Election Commission of Pakistan. ECP disqualified the PTI chairman and the erstwhile Prime Minister of Pakistan Imran Khan Niazi who was elected […]

The post Pakistan Is In Politico-Legal Turmoil Over Verdict On Imran Khan first appeared on IPA Newspack.

By Vikas Kumar The Global Hunger Index 2022, released on October 13, shows that India’s rank in the world has slipped further – from 101 last year to 107 this year – in terms of this important indicator of conditions of hunger and malnutrition. India’s rank is far below that of its neighbours, and levels […]

The post India Under Narendra Modi Is The Hunger Spot Of The World In 2022 first appeared on IPA Newspack.

By Prabir Purkayastha The US has gambled big in its latest, across-the-board sanctions on Chinese companies in the semiconductor industry, believing it can kneecap China and retain its global dominance. From the slogan of globalisation and “free trade” of the neoliberal 90s, it has reverted to good old technology denial regimes followed by the US […]

The post USA’s Latest Sanction On Chinese Companies On Chips Is A Threat To Global Economy first appeared on IPA Newspack.

HONG KONG SAR – Media OutReach – 21 October 2022 – Nespresso is proud to present RE:FARM, a limited-time, experiential showcase that highlights the full circular journey of coffee – from capsule to cup to the dining table – all under one roof. RE:FARM will run from September 2022 to June 2023 and consumers can personally see, touch, and taste the results of the Nespresso‘s sustainability efforts. […]

After Rajasthan Health Minister Parsadi Lal Meena stirred a row after he remarked Rahul Gandhi’s Congress Bharat Jodo Yatra being “much bigger” than Lord Rama’s padyatra from Ayodhya to Sri Lanka, Maharashtra party president Nana Patole in a statement on Tuesday clarified that no comparison was drawn. Rajasthan Health Minister Parsadi Lal Meena in a […]

The post Row over Rahul Yatra comparison to Ram’s Padyatra first appeared on IPA Newspack.

Adopting State-of-the-art Machinery to Increase its Competitiveness in the Local and Global Market The new integrated facility also supports the local SMEs F&B operators in their business expansion @koufu.sg | #koufu SINGAPORE – Media OutReach – 19 October 2022 – In conjunction with Koufu’s 20th Anniversary, the Group is proud to announce the official opening of its latest 7-storey integrated facility – Koufu Headquarters (HQ). Minister of […]

By Nantoo Banerjee Indian Rupee (INR) is constantly depreciating against the US Dollar (US$). If the trend continues the exchange rate of INR vis-à-vis US$ may touch Rs.100 for a dollar before the end of this financial year. It could be a matter of great concern if India continues to import heavily from US$ trade […]

The post Rising US$ Could Be Bad News For Import Happy Indian Economy first appeared on IPA Newspack.

By K Raveendran The move by the US and western nations to enforce a price cap on Russian crude as part of their sanctions against Moscow to put even a tighter leash on its finances provides another opportunity for India to maximise its benefits through the purchase of discounted Ural crude. India has made it […]

The post Russian Oil Price Cap Move Provides India Another Major Opportunity first appeared on IPA Newspack.

SINGAPORE – Media OutReach – 14 October 2022 – HOYA Vision Care, the global leader in optical technology innovation, had successfully launched its FULL CONTROL coating for eyewear lenses in the past year, providing the average Singaporeans with an all-in-one solution to protect the eyes against everyday environmental hazards. With the gradual return to offices after working from home for so long, many Singaporeans are back in […]

By Prabhat Patnaik What is called OPEC+ that is the13 members of the Organisation of Petroleum Exporting Countries (OPEC) together with 11 other petroleum exporting countries led by Russia, decided on October 5 to cut their oil production by 2 million barrels per day, starting from November. The US had been pressing OPEC not to […]

The post OPEC’s Decision To Cut Oil Output Is A Challenge To U.S. Hegemony first appeared on IPA Newspack.

By Branko Marcetic If you’re going to undermine your own public rhetoric and supposed values by cozying up to a brutal autocrat, you might as well get something out of it. While maybe an obvious point to the rest of us, it’s apparently something US officials are just now belatedly realizing about the US-Saudi relationship. […]

The post The Worsening US-Saudi Split Could End The Brutal War In Yemen first appeared on IPA Newspack.

By Dr. Nilanjan Banik Trade numbers for the fiscal 2022-2023 are looking dismal. The expectation is that for the Q1 and Q2 Fiscal 2022-2023, the Current Account Deficit (CAD) is expected to be the highest in 9 years. A quick search on items using the harmonized system (HS) at a 2-digit level reveals that there […]

The post India’s Current Account Deficit Is Now Highest In Last Nine Years first appeared on IPA Newspack.

By Eileen Jones It’s good to discover, in reading the tributes to Angela Lansbury — who died on October 11 at age ninety-six — that the beloved actor reportedly considered herself “a proud socialist.” She was a comrade via her illustrious lineage: her father was Edgar Lansbury, the British socialist politician, and her grandfather was […]

The post Angela Lansbury Was A Brilliant Actor And A Committed Socialist first appeared on IPA Newspack.

By Anjan Roy Economists have ennobled their discipline by turning some basic common sense into highly esoteric and exotic body of intellectual exercise. Common housewife is the best economist for Aristotle. Economics for the Greeks was the knowledge of running a household’s balances. The economics Nobel prize this year effectively recognises works of three high […]

The post Economics Nobel This Year Celebrates Old Wines In New Bottles first appeared on IPA Newspack.

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