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By Haripriya Suresh BENGALURU (Reuters) - India's Tech Mahindra is stepping up focus on its banking, financial services and insurance (BFSI) business in a bid to bridge the gap with larger peers which have historically made more revenue from the lucrative segment, its CEO said in an interview. Mohit Joshi, who took the helm of India's No.5 software services exporter in December 2023 after more than two decades at Infosys, wants to increase the share of BFSI in Tech Mahindra's revenue mix by up to 25% by March 2027, from about 16% currently. Some of Tech Mahindra's peers in the $254 billion Indian IT sector already make as much as a third of their revenue from this sector. "We still have a lot of room to catch up," said Joshi, who started out as a banker with ABN Amro and ANZ before joining Infosys. "I do expect that the relative share of BFSI revenue within TechM will increase, but...organically." Unlike its peers, Tech Mahindra has relied heavily on telecom clients to boost revenue. That will change as Joshi tries to take advantage of his own expertise and experience dealing with financial services firms to turn the company around. "BFSI is the single largest spender from a tech services perspective. It's very important for us to play aggressively in this space. Large banks typically spend over $10 billion a year in terms of technology," Joshi said. Tech Mahindra, which has lagged its peers in both revenue and profit, will focus on core banking, payments, asset and wealth management and custodian services, as well as insurance, he said. Joshi has already shored up its BFSI leadership. GENERATIVE AI Generative artificial intelligence is a friend and not a foe for the sector, according to Joshi. "GenAI is the best spokesperson for why we need more money to be spent on technology," he said, adding it is not the end of the road for software developers. "I do feel that the overall demand for developers is not going to reduce, because there is a lot more work to be done candidly than there are people just now." Joshi played down concerns about any potential hit to customer service roles at Tech Mahindra. "I'm very skeptical about whether we'll see a wholesale replacement of contact centers with GenAI because when it comes to critical issues, people prefer to speak with human beings." (Reporting by Haripriya Suresh; Editing by Dhanya Skariachan and Varun H K)Daniel Jones is a free agent and another coach of a contending team got asked about the possibility of adding him to their quarterback room on Tuesday. The Lions currently have second-year player Hendon Hooker behind Jared Goff on the active roster and Jake Fromm is on their practice squad. At a press conference, head coach Dan Campbell was asked if the team has considered adding Jones to the mix. “We haven’t really talked about that,” Campbell said, via Dave Birkett of the Detroit Free Press . “The name’s come up but it’s not like we’ve sat down and talked so I don’t want to give you a yes or a no.” Hooker spent his rookie season rehabbing a knee injury and has appeared in three games to close out lopsided wins this season. He’s thrown nine passes in those games and offensive coordinator Ben Johnson said recently that he’d like to get Hooker more work , but doesn’t want to disrespect opponents on the wrong end of a blowout. If the Lions aren’t willing to gamble on the possibility that they’ll have Hooker learning on the job in do-or-die moments, they could bring Jones to Detroit for the final weeks of the season.AI In Language Translation Global Market Report 2024 Forecasts $2.34 Billion Growth
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After recount, Newark council candidate ahead by just 4 votesSurprising Political Moves Ignite Electric Vehicle StocksLiverpool boss Arne Slot talks up ‘special player’ Mohamed SalahSANTA CLARA, Calif. (AP) — Getting blown out at Green Bay following another squandered late lead the previous week against Seattle has quickly turned the San Francisco 49ers from a Super Bowl contender into a team just fighting to get back to the playoffs. If San Francisco doesn't get healthy and eliminate the errors that led to Sunday's 38-10 loss to the Packers, the focus will turn from playoff permutations to what offseason changes are necessary. “I think everyone understands completely outside and inside what the situation is,” coach Kyle Shanahan said Monday. “That’s why the Seattle game was so tough of a loss and that’s why last night was even worse. We know what we got ahead of us. We know exactly what the playoff situation is. That is what it is. But really, all that matters is this week when you do need to go on a run and put a lot of wins to even think of that.” The task doesn't get any easier as the Niners (5-6) get set to play at Buffalo on Sunday night. The 49ers are hoping to get injured stars Brock Purdy , Nick Bosa and Trent Williams back for that game, but their presence alone won't fix everything that went wrong on Sunday . The defense got repeatedly gashed early and put San Francisco in a 17-0 hole before the offense even generated a first down. The running game never got going as Christian McCaffrey has looked nothing like the 2023 Offensive Player of the Year in his three games back from Achilles tendinitis. And whenever the Niners appeared to do something right, a penalty came back to haunt them. It added up to the most lopsided loss for San Francisco since the 2018 season, before Shanahan had turned the Niners into perennial contenders. “It’s probably one of the worst ones I’ve been a part of,” linebacker Fred Warner said. “It is embarrassing. You’ve got to take it on the chin, take it like a man and move on.” Despite the doom and gloom, the 49ers are only one game behind Seattle and Arizona in the NFC West standings with six games to go. But San Francisco already has three division losses and a difficult schedule featuring games against the Bills this week and Detroit in Week 17. “My optimism is not broken by any means,” tight end George Kittle said. “We still have a lot of very talented players. We will get some guys back and I still have full trust in the coaching staff to put our guys in position to make plays. I have no worry about that. But definitely an uphill grind. We'll see what we’re made of, which I’m looking forward to.” Red-zone passes to Kittle. Backup QB Brandon Allen connected on a 3-yard TD pass to Kittle late in the second quarter for San Francisco's only TD. Kittle leads the NFL with eight touchdown catches in the red zone, which is tied with Vernon Davis (2013) for the most in a season for a Niners player since 2000. Kittle was the only consistent part of the San Francisco offense with six catches for 82 yards. Avoiding penalties. San Francisco had nine penalties for 77 yards and they were costly and sloppy. The Niners had 12 men on the field on defense on back-to-back plays, three false starts, a pass interference in the end zone and three penalties on special teams, including a holding on Eric Saubert that negated an 87-yard kickoff return by Deebo Samuel to open the second half. Rookie Dominick Puni had three penalties after being penalized just once in the first 10 games. DE Leonard Floyd. There were few positive performances on defense, but Floyd had both of the team's sacks. Run defense. San Francisco allowed 169 yards rushing, including 87 in the first quarter for the team's second-worst performance in the opening quarter since 1991. The Niners missed 19 tackles, according to Pro Football Focus, as Josh Jacobs gained 83 of his 106 yards rushing after contact. Purdy took part in a light throwing session without pain on Monday and Shanahan is hopeful he can return to practice Wednesday after missing the Green Bay game with a shoulder injury. ... Bosa (hip, oblique) and Williams (ankle) also could return this week after sitting out Sunday. ... LG Aaron Banks, DT Jordan Elliott and WR Jacob Cowing all in the concussion protocol. ... RG Dominick Puni (shoulder) and CB Deommodore Lenoir (knee) underwent MRIs on Monday and the team is waiting for results. ... CB Renardo Green (neck) and LB Demetrius Flannigan-Fowles (knee) are day to day. 11 — The Niners generated only 11 first downs, tied for the fewest in any game in eight seasons under Shanahan. They also had 11 in the 2022 NFC title game loss at Philadelphia when Purdy hurt his elbow and in Week 2 against Seattle in Shanahan's first season in 2017. The 49ers visit Buffalo on Sunday night. AP NFL: https://apnews.com/hub/NFL
Huawei Overtakes Apple As Leader In Smartwatch MarketIsraeli Prime Minister Benjamin Netanyahu’s security Cabinet has approved a ceasefire deal with the Lebanese militant group Hezbollah, clearing the way for the truce to take effect. The late-night vote came shortly before President Joe Biden was expected to announce details of the deal in Washington. Biden called the ceasefire in Lebanon "good news," but it’s not clear how the truce will affect the Israel-Hamas war in Gaza. In the hours before Israel agreed to the ceasefire, residents of Beirut endured the most intense wave of Israeli strikes on the capital and its southern suburbs since the start of the 13-month war. Israel was apparently signaling it intended to pummel the country before any ceasefire takes hold. Hezbollah also fired rockets into Israel, triggering air raid sirens across the country’s north. Hezbollah began attacking Israel on Oct. 8, 2023, a day after Hamas’ attack on southern Israel, in support of the Palestinian militant group. That has set off more than a year of fighting escalated into all-out war in September with massive Israeli airstrikes across Lebanon and an Israeli ground invasion of the country’s south. It’s not clear how the ceasefire will affect the Israel-Hamas war in Gaza, where more than 44,000 people have been killed and more than 104,000 wounded in the 13-month war between Israel and Hamas, according to Gaza’s Health Ministry. ——— Here's the Latest: JERUSALEM — Prime Minister Benjamin Netanyahu’s security Cabinet has approved a ceasefire deal with Hezbollah, clearing the way for the truce to take effect. Netanyahu’s office said the plan was approved by a 10-1 margin. The late-night vote came shortly before President Joe Biden was expected to announced details of the deal in Washington. Earlier, Netanyahu defended the ceasefire, saying Israel has inflicted heavy damage on Hezbollah and could now focus its efforts on Hamas militants in Gaza and his top security concern, Iran. Netanyahu vowed to strike Hezbollah hard if it violates the expected deal. WASHINGTON — Rep. Mike Waltz, President-elect Donald Trump’s designate to be national security adviser, credited Trump’s victory with helping bring the parties together toward a ceasefire in Lebanon. “Everyone is coming to the table because of President Trump,” he said in a post on X on Tuesday. “His resounding victory sent a clear message to the rest of the world that chaos won’t be tolerated. I’m glad to see concrete steps towards deescalation in the Middle East.” He added: “But let’s be clear: The Iran Regime is the root cause of the chaos & terror that has been unleashed across the region. We will not tolerate the status quo of their support for terrorism.” BEIRUT — Israeli jets targeted a building in a bustling commercial area of Beirut for the first time since the start of the 13-month war between Hezbollah and Israel. The strike on Hamra is around 400 meters (yards) from the country’s central bank. A separate strike hit the Mar Elias neighborhood in the country’s capital Tuesday. There was no immediate word on casualties from either strike, part of the biggest wave of attacks on the capital since the war started. Residents in central Beirut were seen fleeing after the Israeli army issued evacuation warnings for four targets in the city. Meanwhile, the Israeli army carried out airstrikes on at least 30 targets in Beirut’s southern suburbs Tuesday, including two strikes in the Jnah neighborhood near the Kuwaiti Embassy. Lebanon’s Health Ministry reported that 13 people were injured in the strikes on the southern suburbs. BEIRUT — Hezbollah has said it accepts the ceasefire proposal with Israel, but a senior official with the group said Tuesday that it had not seen the agreement in its final form. “After reviewing the agreement signed by the enemy government, we will see if there is a match between what we stated and what was agreed upon by the Lebanese officials,” Mahmoud Qamati, deputy chair of Hezbollah’s political council, told the Al Jazeera news network. “We want an end to the aggression, of course, but not at the expense of the sovereignty of the state.” of Lebanon, he said. “Any violation of sovereignty is refused.” Among the issues that may remain is an Israeli demand to reserve the right to act should Hezbollah violate its obligations under the emerging deal. The deal seeks to push Hezbollah and Israeli troops out of southern Lebanon. JERUSALEM — Israeli Prime Minister Benjamin Netanyahu said Tuesday that he would recommend his Cabinet adopt a United States-brokered ceasefire agreement with Lebanon’s Hezbollah, as Israeli warplanes struck across Lebanon, killing at least 23 people. The Israeli military also issued a flurry of evacuation warnings — a sign it was aiming to inflict punishment on Hezbollah down to the final moments before any ceasefire takes hold. For the first time in the conflict, Israeli ground troops reached parts of Lebanon’s Litani River, a focal point of the emerging deal. In a televised statement, Netanyahu said he would present the ceasefire to Cabinet ministers later on Tuesday, setting the stage for an end to nearly 14 months of fighting. Netanyahu said the vote was expected later Tuesday. It was not immediately clear when the ceasefire would go into effect, and the exact terms of the deal were not released. The deal does not affect Israel’s war against Hamas in Gaza, which shows no signs of ending. BEIRUT — Lebanon’s state media said Israeli strikes on Tuesday killed at least 10 people in Baalbek province the country’s east. At least three people were killed in the southern city of Tyre when Israel bombed a Palestinian refugee camp, said Mohammed Bikai, a representative of the Fatah group in the area. He said several more people were missing and at least three children were among the wounded. He said the sites struck inside the camp were “completely civilian places” and included a kitchen that was being used to cook food for displaced people. JERUSALEM — Dozens of Israeli protesters took to a major highway in Tel Aviv on Tuesday evening to call for the return of the hostages held by Hamas in Gaza, as the country awaited news of a potential ceasefire in Lebanon between Israel and Hezbollah. Protesters chanted “We are all hostages,” and “Deal now!” waving signs with faces of some of the roughly 100 hostages believed to be still held in Gaza, at least a third of whom are thought to be dead. Most of the other hostages Hamas captured in the Oct. 7, 2023 attack were released during a ceasefire last year. The prospect of a ceasefire deal in Lebanon has raised desperation among the relatives of captives still held in Gaza, who once hoped that the release of hostages from Gaza would be included. Instead of a comprehensive deal, the ceasefire on the table is instead narrowly confined to Lebanon. Dozens of Israelis were also demonstrating against the expected cease-fire, gathering outside Israel’s military headquarters in central Tel Aviv. One of the protesters, Yair Ansbacher, says the deal is merely a return to the failed 2006 U.N. resolution that was meant to uproot Hezbollah from the area. “Of course that didn’t happen,” he says. “This agreement is not worth the paper it is written on.” FIUGGI, Italy — Foreign ministers from the world’s industrialized countries said Tuesday they strongly supported an immediate ceasefire between Israel and Hezbollah and insisted that Israel comply with international law in its ongoing military operations in the region. At the end of their two-day summit, the ministers didn’t refer directly to the International Criminal Court and its recent arrest warrants for Israeli Prime Minister Benjamin Netanyahu and his former defense minister over crimes against humanity . Italy had put the ICC warrants on the official meeting agenda, even though the G7 was split on the issue. The U.S., Israel’s closest ally, isn’t a signatory to the court and has called the warrants “outrageous.” However, the EU’s chief diplomat Josep Borrell said all the other G7 countries were signatories and therefore obliged to respect the warrants. In the end, the final statement adopted by the ministers said Israel, in exercising its right to defend itself, “must fully comply with its obligations under international law in all circumstances, including international humanitarian law.” And it said all G7 members — Canada, France, Germany, Italy, Japan, the United Kingdom and the United States – “reiterate our commitment to international humanitarian law and will comply with our respective obligations.” It stressed that “there can be no equivalence between the terrorist group Hamas and the State of Israel.” The ICC warrants say there's reason to believe Netanyahu used “starvation as a method of warfare” by restricting humanitarian aid and intentionally targeted civilians in Israel’s campaign against Hamas in Gaza — charges Israeli officials deny. BEIRUT — An Israeli strike on Tuesday levelled a residential building in the central Beirut district of Basta — the second time in recent days warplanes have hit the crowded area near the city’s downtown. At least seven people were killed and 37 wounded in Beirut, according to Lebanon’s Health Ministry. It was not immediately clear if anyone in particular was targeted, though Israel says its airstrikes target Hezbollah officials and assets. The Israeli military spokesman issued a flurry of evacuation warnings for many areas, including areas in Beirut that have not been targeted throughout the war, like the capital’s commercial Hamra district, where many people displaced by the war have been staying. The warnings, coupled with fear that Israel was ratcheting up attacks in Lebanon during the final hours before a ceasefire is reached, sparked panic and sent residents fleeing in their cars to safer areas. In areas close to Hamra, families including women and children were seen running away toward the Mediterranean Sea’s beaches carrying their belongings. Traffic was completely gridlocked as people tried to get away, honking their car horns as Israeli drones buzzed loudly overhead. The Israeli military also issued warnings for 20 more buildings in Beirut’s suburbs to evacuate before they too were struck — a sign it was aiming to inflict punishment on Hezbollah in the final moments before any ceasefire takes hold. TEL AVIV, Israel — The independent civilian commission of inquiry into the October 2023 Hamas attack on Israel has found Prime Minister Benjamin Netanyahu directly responsible for the failures leading up to the attack, alongside former defense ministers, the army chief and the heads of the security services. The civil commission presented its findings today after a four-month probe in which it heard some 120 witnesses. It was set up by relatives of victims of the Hamas attack, in response to the absence of any state probe. The commission determined that the Israeli government, its army and security services “failed in their primary mission of protecting the citizens of Israel.” It said Netanyahu was responsible for ignoring “repeated warnings” ahead of Oct. 7, 2023 for what it described as his appeasing approach over the years toward Hamas, and for “undermining all decision-making centers, including the cabinet and the National Security Council, in a way that prevented any serious discussion” on security issues. The commission further determined that the military and defense leaders bear blame for ignoring warnings from within the army, and for reducing the army’s presence along the Gaza border while relying excessively on technological means. On the day of the Hamas attack, the report says, the army’s response was both slow and lacking. The civil commission called for the immediate establishment of a state commission of inquiry into the Oct. 7 attack. Netanyahu has opposed launching a state commission of inquiry, arguing that such an investigation should begin only once the war is over. JERUSALEM -- The Israeli military says its ground troops have reached parts of Lebanon’s Litani River — a focal point of the emerging ceasefire. In a statement Tuesday, the army said it had reached the Wadi Slouqi area in southern Lebanon and clashed with Hezbollah forces. Under a proposed ceasefire, Hezbollah would be required to move its forces north of the Litani, which in some places is some 30 kilometers (20 miles) north of the Israeli border. The military says the clashes with Hezbollah took place on the eastern end of the Litani, just a few kilometers (miles) from the border. It is one of the deepest places Israeli forces have reached in a nearly two-month ground operation. The military says soldiers destroyed rocket launchers and missiles and engaged in “close-quarters combat” with Hezbollah forces. The announcement came hours before Israel’s security Cabinet is expected to approve a ceasefire that would end nearly 14 months of fighting. BEIRUT — Israeli jets Tuesday struck at least six buildings in Beirut’s southern suburbs Tuesday, including one that slammed near the country’s only airport. Large plumes of smoke could be seen around the airport near the Mediterranean coast, which has continued to function despite its location beside the densely populated suburbs where many of Hezbollah’s operations are based. The strikes come hours before Israel’s cabinet was scheduled to meet to discuss a proposal to end the fighting between Israel and Hezbollah. The proposal calls for an initial two-month ceasefire during which Israeli forces would withdraw from Lebanon and Hezbollah would end its armed presence along the southern border south of the Litani River. There were no immediate reports of casualties from Tuesday’s airstrikes. FIUGGI, Italy — EU top diplomat Josep Borrell, whose term ends Dec. 1, said he proposed to the G7 and Arab ministers who joined in talks on Monday that the U.N. Security Council take up a resolution specifically demanding humanitarian assistance reach Palestinians in Gaza, saying deliveries have been completely impeded. “The two-state solution will come later. Everything will come later. But we are talking about weeks or days,” for desperate Palestinians, he said. “Hunger has been used as an arm against people who are completely abandoned.” It was a reference to the main accusation levelled by the International Criminal Court in its arrest warrants against Israeli Prime Minister Benjamin Netanyahu and his former defense minister. Borrell said the signatories to the court, including six of the seven G7 members, are obliged under international law to respect and implement the court’s decisions. Host Italy put the ICC warrants on the G7 agenda at the last minute, but there was no consensus on the wording of how the G7 would respond given the U.S., Israel’s closest ally, has called the warrants “outrageous.” Italy, too, has said it respects the court but expressed concern that the warrants were politically motivated and ill-advised given Netanyahu is necessary for any deal to end the conflicts in Gaza and Lebanon. “Like it or not, the International Criminal Court is a court as powerful as any national court,” Borrell said. “And if the Europeans don’t support International Criminal Court then there would not be any hope for justice,” he said. Borrell, whose term ends Dec. 1, said he proposed to the G7 and Arab ministers who joined in talks on Monday that the U.N. Security Council take up a resolution specifically demanding humanitarian assistance reach Palestinians in Gaza, saying deliveries have been completely impeded. “The two-state solution will come later. Everything will come later. But we are talking about weeks or days,” for desperate Palestinians, he said. “Hunger has been used as an arm against people who are completely abandoned.” It was a reference to the main accusation levelled by the International Criminal Court in its arrest warrants against Israeli Prime Minister Benjamin Netanyahu and his former defense minister. Borrell said the signatories to the court, including six of the seven G7 members, are obliged under international law to respect and implement the court’s decisions. Host Italy put the ICC warrants on the G7 agenda at the last minute, but there was no consensus on the wording of how the G7 would respond given the U.S., Israel’s closest ally, has called the warrants “outrageous.” Italy, too, has said it respects the court but expressed concern that the warrants were politically motivated and ill-advised given Netanyahu is necessary for any deal to end the conflicts in Gaza and Lebanon. “Like it or not, the International Criminal Court is a court as powerful as any national court,” Borrell said. “And if the Europeans don’t support International Criminal Court then there would not be any hope for justice,” he said. (edited)( MENAFN - EIN Presswire) Blood gas and Electrolyte Analyzers Global market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Early Year-End Sale! Get up to 30% off detailed market research reports-for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 20, 2024 /EINPresswire / -- Grab your chance in The Business Research Company's Early Year-End Sale! Get up to 30% off detailed market research reports-limited time only! Market size growth for blood gas and electrolyte analyzers has been quite remarkable in recent years, withestimated expansion from $3.26 billion in 2023 to $3.52 billion in 2024 at a compound annual growth rate CAGR of 8.0%. This surge can be linked to rapid urbanization, the growing number of patients in emergency units of hospitals, improved infrastructure in diagnostic centers, rising earnings and standard of living, increased healthcare expenditure, an increase in the elderly population, and the rise in obesity. What Does the Future Hold for the Blood Gas and Electrolyte Analyzers Market? Future growth in the blood gas and electrolyte analyzers market looks promising and is prognosticated to reach $4.86 billion in 2028 at a compound annual growth rate CAGR of 8.4%. This anticipated growth can be pinned on increasing government initiatives, a rising number of patients in critical care units and intensive care units ICU, escalations in medical tourism, and a surge in chronic diseases. Other major trends to look forward to include technological advancements, product innovations, digital blood gas analyzers, automated blood gas analyzers, the use of venous blood gas values, and complete blood count CBC diagnostics technology. To delve into more comprehensive insights about this burgeoning market, feel free to download a sample report here: What's Driving this Growth? A primary accelerator of this market's growth is the increased number of patients which led to an uptick in blood sample testing. Blood tests are utilized for various purposes, including measuring cholesterol and blood glucose levels. These tests aid in monitoring the risk of heart disease, vascular disease, and diabetes, as well as evaluating how effective treatments are. For example, in 2021 of the 118.5 million blood donations received globally, 40% were garnered in high-income countries. Intriguingly, children under five years old receive almost 54% of blood transfusions in low-income nations, whereas in high-income countries, patients over 60 years old receive up to 75% of all transfusions. It becomes clear, then, how the increase in patient numbers fuels the growth of the blood gas and electrolyte analyzers market. To uncover extensive insights and strategies, you can consider checking the full report here: Who Are the Movers and Shakers in the Industry? The key players in this market include F. Hoffmann-La Roche Ltd, Danaher Corporation, Siemens Healthineers AG, Werfen, Abbott Laboratories, Medica Corporation, EDAN Instruments Inc, Radiometer Medical, Nova Biomedical, OPTI Medical systems Inc, I Sens Inc, JOKOH CO. LTD, Prolong Medical Equipment Co. Ltd, Sensa Core Medical Instrumentation Pvt. Ltd, Hunan Rainbow Technology Co. Ltd, ERBA Mannheim, EKF Diagnostics, Roche Diagnostics, Grifols, Vygon SAS, Biofidus, KwertyMed, Instrumentation Laboratory Company, Becton Dickinson and Co, and Microbiology E.A Ltd. What Are the Eminent Trends in the Industry? Major companies are more inclined towards technological advancements to solidify their market presence. A noteworthy example is Sensa Core's launch of the ST-200 CC Blood Gas Analyzer-Ultra Smart in India. This highly advanced blood gas model is completely automated, microprocessor-controlled, and uses an ION selective electrode ISE, Impedance Hct, and Amperometry pO2 technology to perform arterial blood gas and electrolyte analysis. How Is This Market Segmented? The market is segmented by product into Blood Gas Analyzers, Electrolyte Analyzers, Combined Analyzers, and Consumables. By modality, it is categorized into Portable, Laboratory, and Benchtop and by end user, it is divided into Central Laboratories, Point Of Care, Diagnostic Centres, Hospitals, and Other End Users. What Are the Regional Highlights? North America emerged as the largest region in the blood gas and electrolyte analyzers market in 2023. This region is also anticipated to witness the fastest growth moving ahead. Other regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, South America, and the Middle East and Africa. Browse Through More Similar Reports By The Business Research Company: Blood Transfusion Diagnostics Global Market Report 2024 Blood Glucose Meters Global Market Report 2024 Gastric Cancer Drugs Global Market Report 2024 Learn More About The Business Research Company As a global market research firm, The Business Research Company has published over 15000+ reports across 27 industries, spanning over 60+ geographies. The reports draw on 1,500,000 datasets, thorough secondary research, and exclusive insights from interviews with industry leaders. Contact us at: The Business Research Company: ]( Americas +1 3156230293 Asia +44 2071930708 Europe +44 2071930708 Email us at ... Follow us on: LinkedIn: ]( YouTube: ]( Global Market Model: global-market-model](global-market-model Oliver Guirdham The Business Research Company +44 20 7193 0708 email us here Visit us on social media: Facebook X LinkedIn Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above. 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High drama in Parliament complex: House of push & shove, bruises & blame gameManchester United struggled against Arsenal, but there are signs that Ruben Amorim understands the job aheadGlobal Caprolactam Market Set For 6.8% Growth, Reaching $21.57 Billion By 2028
SDI Presence's 2024 in Review: Innovation, Recognition, and What's Next
WASHINGTON — Donald Trump’s personnel choices for his new Cabinet and White House reflect his signature positions on immigration and trade but also a range of viewpoints and backgrounds that raise questions about what ideological anchors might guide his Oval Office encore. With a rapid assembly of his second administration — faster than his effort eight years ago — the former and incoming president has combined television personalities , former Democrats, a wrestling executive and traditional elected Republicans into a mix that makes clear his intentions to impose tariffs on imported goods and crack down on illegal immigration but leaves open a range of possibilities on other policy pursuits. “The president has his two big priorities and doesn’t feel as strongly about anything else — so it’s going to be a real jump ball and zigzag,” predicted Marc Short, chief of staff to Vice President Mike Pence during Trump’s 2017-21 term. “In the first administration, he surrounded himself with more conservative thinkers, and the results showed we were mostly rowing in the same direction. This is more eclectic.” Indeed, Secretary of State-designee Marco Rubio , the Florida senator who has pilloried authoritarian regimes around the world, is in line to serve as top diplomat to a president who praises autocratic leaders like Russia’s Vladimir Putin and Hungary’s Viktor Orban. Republican Rep. Lori Chavez-DeRemer of Oregon has been tapped to sit at the Cabinet table as a pro-union labor secretary alongside multiple billionaires, former governors and others who oppose making it easier for workers to organize themselves. The prospective treasury secretary, Scott Bessent , wants to cut deficits for a president who promised more tax cuts, better veterans services and no rollbacks of the largest federal outlays: Social Security, Medicare and national defense. Abortion-rights supporter Robert F. Kennedy Jr. is Trump’s choice to lead the Health and Human Services Department, which Trump’s conservative Christian base has long targeted as an agency where the anti-abortion movement must wield more influence. Former Republican House Speaker Newt Gingrich allowed that members of Trump’s slate will not always agree with the president and certainly not with one another. But he minimized the potential for irreconcilable differences: “A strong Cabinet, by definition, means you’re going to have people with different opinions and different skills.” That kind of unpredictability is at the core of Trump’s political identity. He is the erstwhile reality TV star who already upended Washington once and is returning to power with sweeping, sometimes contradictory promises that convinced voters, especially those in the working class, that he will do it all again. “What Donald Trump has done is reorient political leadership and activism to a more entrepreneurial spirit,” Gingrich said. There’s also plenty of room for conflict, given the breadth of Trump’s 2024 campaign promises and his pattern of cycling through Cabinet members and national security personnel during his first term. This time, Trump has pledged to impose tariffs on foreign goods, end illegal immigration and launch a mass deportation force, goose U.S. energy production and exact retribution on people who opposed — and prosecuted — him. He’s added promises to cut taxes, raise wages, end wars in Israel and Ukraine , streamline government, protect Social Security and Medicare, help veterans and squelch cultural progressivism. Trump alluded to some of those promises in recent weeks as he completed his proposed roster of federal department heads and named top White House staff members. But his announcements skimmed over any policy paradoxes or potential complications. Bessent has crusaded as a deficit hawk, warning that the ballooning national debt , paired with higher interest rates, drives consumer inflation. But he also supports extending Trump’s 2017 tax cuts that added to the overall debt and annual debt service payments to investors who buy Treasury notes. A hedge-fund billionaire, Bessent built his wealth in world markets. Yet, generally speaking, he’s endorsed Trump’s tariffs. He rejects the idea that they feed inflation and instead frames tariffs as one-time price adjustments and leverage to achieve U.S. foreign policy and domestic economic aims. Trump, for his part, declared that Bessent would “help me usher in a new Golden Age for the United States.” Chavez-DeRemer, Trump promised, “will achieve historic cooperation between Business and Labor that will restore the American Dream for Working Families.” Trump did not address the Oregon congresswoman’s staunch support for the PRO-Act, a Democratic-backed measure that would make it easier for workers to unionize, among other provisions. That proposal passed the House when Democrats held a majority. But it’s never had measurable Republican support in either chamber on Capitol Hill, and Trump has never made it part of his agenda. When Trump named Kennedy as his pick for health secretary, he did not mention the former Democrat’s support for abortion rights. Instead, Trump put the focus on Kennedy’s intention to take on the U.S. agriculture, food processing and drug manufacturing sectors. The vagaries of Trump’s foreign policy stand out, as well. Trump’s {a}choice for national security adviser{/a}, Florida Rep. Mike Waltz, offered mixed messages Sunday when discussing the Russia-Ukraine war, which Trump claims never would have started had he been president, because he would have prevailed on Putin not to invade his neighboring country. Speaking on “Fox News Sunday,” Waltz repeated Trump’s concerns over recent escalations, which include President Joe Biden approving sending antipersonnel mines to Ukrainian forces. “We need to restore deterrence, restore peace and get ahead of this escalation ladder, rather than responding to it,” Waltz said. But in the same interview, Waltz declared the mines necessary to help Ukraine “stop Russian gains” and said he’s working “hand in glove” with Biden’s team during the transition. Meanwhile, Tulsi Gabbard, Trump’s pick for director of national intelligence , the top intelligence post in government, is an outspoken defender of Putin and Syrian President Bashar al Assad, a close ally of Russia and Iran. Perhaps the biggest wildcards of Trump’s governing constellation are budget-and-spending advisers Russell Vought, Elon Musk and Vivek Ramaswamy. Vought led Trump’s Office of Management and Budget in his first term and is in line for the same post again. Musk, the world’s wealthiest man, and Ramaswamy, a mega-millionaire venture capitalist, are leading an outside advisory panel known as the “Department of Government Efficiency.” The latter effort is a quasi-official exercise to identify waste. It carries no statutory authority, but Trump can route Musk’s and Ramaswamy’s recommendations to official government pathways, including via Vought. A leading author of Project 2025 , the conservative movement’s blueprint for a hard-right turn in U.S. government and society, Vought envisions OMB not just as an influential office to shape Trump’s budget proposals for Congress but a power center of the executive branch, “powerful enough to override implementing agencies’ bureaucracies.” As for how Trump might navigate differences across his administration, Gingrich pointed to Chavez-DeRemer. “He might not agree with her on union issues, but he might not stop her from pushing it herself,” Gingrich said of the PRO-Act. “And he will listen to anybody. If you convince him, he absolutely will spend presidential capital.” Short said other factors are more likely to influence Trump: personalities and, of course, loyalty . Vought “brought him potential spending cuts” in the first administration, Short said, “that Trump wouldn’t go along with.” This time, Short continued, “maybe Elon and Vivek provide backup,” giving Vought the imprimatur of two wealthy businessmen. “He will always calculate who has been good to him,” Short said. “You already see that: The unions got the labor secretary they wanted, and Putin and Assad got the DNI (intelligence chief) they wanted. ... This is not so much a team-of-rivals situation. I think it’s going to look a lot like a reality TV show.”
Ten years of Labor rule in Victoria has changed the state. or signup to continue reading Under premiers Daniel Andrews and Jacinta Allan, Victoria has embarked on a decade-long infrastructure agenda and raft of Australian-leading social reforms. But no state had more COVID-19 lockdowns, net debt is climbing and the government has faced a series of scandals, as well as criticism over its lack of transparency and accountability. The Andrews government ministry was sworn in after Labor ended four years of Liberal rule under Denis Napthine and Ted Baillieu on November 29, 2014. The 2014 state election was effectively a referendum on Melbourne's East West Link project. Mr Andrews had pledged to rip up the contract to build the contentious toll road if Labor was victorious and ordered the suspension of all work in his first weeks as premier. The state's auditor-general later the total cost of cancelling the project topped $1.1 billion. To soften the blow, Labor promised to build the Metro Tunnel and remove 50 level rail crossings. While over budget, the Metro Tunnel is due to open to fanfare in 2025 and the level crossing removal program has been expanded and hailed as one of Labor's greatest achievements. Socially, Victoria enacted laws to ban anti-abortion protesters harassing women outside clinics and became the first state to pass voluntary assisted dying laws in 2017. But it wasn't long until the government was in turmoil. Minister Adem Somyurek stood down after being accused of bullying, Steve Herbert quit cabinet for using his taxpayer-funded driver to chauffeur his two dogs and former speaker Telmo Languiller and his deputy Don Nardella were exposed rorting an allowance for country members. The biggest scandal of the lot was "red shirts rorts". A found 21 past and present Labor MPs breached parliamentary guidelines by wrongly approving $388,000 in taxpayer funds be spent on campaign staff before the 2014 election. The money was repaid by the party and no charges were laid by police. Nonetheless, Labor swept to a second term with a huge majority in what was known as the "Danslide". Bushfires, a global pandemic and a high-profile corruption probe knocked Labor's second term off course. After setting up a into the state's "broken" mental health system, Victoria was plunged into one of its worst bushfire seasons in memory. The 2019-20 black summer bushfires burned more than 1.5 million hectares of Victorian land, killing five people and razing more than 400 homes. But the scale of the devastation paled in comparison to what came next. Mr Andrews declared a state of emergency in March 2020 as COVID locked down the entire country. As Victoria was cautiously reopening, cases leaked out of the state hotel quarantine system, sparking a second COVID-19 lockdown for Melbourne that ultimately ran for 112 days. The premier, ministers, bureaucrats and agency officials fronted a into hotel quarantine breaches, but none said they could recall whose idea it was to use private security. In June 2020, Mr Andrews sacked Mr Somyurek from his cabinet - following his return to the frontbench in 2018 - after Channel Nine aired allegations of branch stacking and a recording of him using offensive language about a ministerial colleague. He was the first of four ministers to depart in the fallout. A subsequent by the corruption watchdog and ombudsman exposed misuse of taxpayer resources but again did not recommend any criminal charges. In the middle of the separate crises, Mr Andrews spent 111 days off work after fracturing his spine and breaking several ribs in a fall. He and other MPs also became the target of fierce, and at times violent, opposition to pandemic-specific laws passed in late 2021 following Melbourne's sixth and final lockdown. The COVID-fuelled community anger and division did not dent Labor electorally as Mr Andrews steered it to another thumping win. Cancelling the 2026 Commonwealth Games in regional Victoria was among Daniel Andrews' final acts as premier. He called a snap press conference in July 2023 to pull the pin on the event, citing estimated costs blowing out from $2.6 billion to between $6 billion to $7 billion. In September 2023, just days after handing down a landmark , Mr Andrews announced his retirement from politics, paving the way for heir apparent Ms Allan to replace him. Both Mr Andrews and Ms Allan forced backbench MPs Will Fowles and Darren Cheeseman out of the Labor party room over past instances of alleged misconduct, reducing its numbers in the lower house. Mr Fowles was investigated by police but not charged, while Mr Cheeseman has not publicly addressed complaints of inappropriate behaviour towards female staff. Ms Allan's first 12 months in the top job were dogged by a parliamentary inquiry and journalists probing the decision to cancel the Games. She confirmed lawyers were hired to provide advice on Victoria withdrawing on June 14 2023, a full month before the Games decision was announced. The premier denied misleading Victorian parliament on June 13, when as the then responsible minister she told a budget estimates hearing the state was making "tremendous progress" on delivering the Games and gave no indication of budgetary concerns. The auditor-general later that abandoning the event cost the state more than $589 million, including a $380 million settlement. Ms Allan has since backflipped on several controversial policies backed by her old boss, including plans to set up a supervised injecting room in Melbourne's CBD and raising the age of criminal responsibility to 14. The long-serving Bendigo East MP has instead staked her premiership on housing, repeatedly describing herself as a builder not a blocker. For all the controversy surrounding construction of the Suburban Rail Loop, a proposed 90km rail line orbiting Melbourne, a planned statue of Mr Andrews might be the government's most contentious build. State premiers who spent more than 3000 days in the top job are immortalised in bronze statues outside government offices in central Melbourne, under a rule introduced by former Liberal premier Jeff Kennett. The process to install one for Mr Andrews is under way. DAILY Today's top stories curated by our news team. WEEKDAYS Grab a quick bite of today's latest news from around the region and the nation. 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DAILY Your digital replica of Today's Paper. Ready to read from 5am! DAILY Test your skills with interactive crosswords, sudoku & trivia. Fresh daily! Advertisement AdvertisementWalmart testing employee worn body camerasNew York is set to shutter 12 migrant shelters before the end of the year , marking a significant shift in its response to the city’s ongoing migrant crisis. The closures , announced just weeks before President-elect Donald Trump takes office for a second term, highlight the strain on resources and the political tensions surrounding immigration policies. As Mike Shedlock of MishTalk.com noted in June , 20% of NYC hotels have become migrant shelters, driving up the cost of hotel rooms elsewhere for paying customers. Two hotel-based shelters, the Hotel Merit in Manhattan and the Quality Inn JFK in Queens, have already been closed . An additional 10 facilities across the state - including in Albany, Dutchess, Erie, Orange, and Westchester counties - will cease operations by December 31, according to New York City Mayor Eric Adams’ office. The sprawling Randall’s Island shelter, which was designed to accommodate up to 3,000 migrants, is slated to close by February 2025, shortly after Trump’s inauguration. Since the spring of 2022, more than 223,000 migrants and asylum seekers have arrived in New York City - roughly half the population of Albany. The city has struggled to house and support this influx, operating 210 city-run shelter sites across the five boroughs. Currently, 58,000 migrants remain in taxpayer-funded shelters, costing the city an estimated $352 per migrant per night. Only $130 of that amount goes directly to housing costs, with the rest allocated to social services, food, and cleaning. The NYPD has spent $21 million on public safety and security related to the migrants. The eye-popping figures, listed on the city’s online asylum-seeker funding tracker , shows the city overall spent $4.88 billion combined through fiscal years 2023 and ‘24. Based on the rate of spending, the city likely exceeded more than $112 million since the start of the new fiscal year beginning July 1, or will soon, cracking $5 billion. Mayor Eric Adams’ administration has even projected the cost could double, hitting $10 billion over the three year period ending June 30, 2025. -NY Post Without policy changes, the crisis is projected to cost New York taxpayers $12 billion over the next three fiscal years, according to city estimates. Mayor Adams praised efforts to consolidate shelter operations and reduce costs, noting a 19-week decline in the migrant census. " Over the past two years, our teams have accomplished the Herculean task of providing compassionate care for a population twice the size of Albany and saving taxpayers billions of dollars ," Adams said. "The new policies we’re implementing today will build on our successes, save taxpayers millions, and help even more migrants take their next steps towards fulfilling their American Dream." Meanwhile, an audit released in August found that NYC overpaid upstate hotels by millions of dollars for sheltering illegal immigrants. Of the questionable payments, $2.5 million were for unauthorized security, medical, and social services, $1.7 million for vacant rooms, and $230,000 for inflated food bills, according to the audit. In another example, a Newburgh hotel billed a total of $57,000 for hundreds of unoccupied rooms in early May , for which DocGo got an additional $40,000 in commissions. Despite efforts to ease the burden on the system, the city’s shelter eviction policies have sparked controversy. Families issued a second 60-day eviction notice are now allowed to stay in their assigned shelters if they need more time, a move Adams touted as cost-saving and beneficial for children’s schooling continuity. However, adult migrants face stricter rules, with a policy permanently evicting them from city shelters after 30 days . The policy has drawn criticism from activist groups, including Jews For Racial & Economic Justice, which staged a protest at City Hall during a hearing on the issue. "Immigrants are welcome here - Trumpian policy is not!" protesters chanted, accusing the city of violating its decades-old right-to-shelter rule, originally established to address homelessness. Activists called the eviction policy "cruel and destabilizing" before being removed from the chamber. While the flow of migrants into New York has slowed, with fewer arrivals and a reported 101,790 encounters at the U.S.-Mexico border in September—the lowest since February 2021—concerns persist about potential surges before Trump’s border policies take effect. A caravan of 1,500 migrants in southern Mexico, near the Guatemala border, is reportedly attempting to cross before Trump’s inauguration. Trump has pledged to implement strict immigration measures, including sealing the southern border, carrying out a large-scale deportation operation, and ending Biden administration parole programs and the CBP One app. South Dakota Governor Kristi Noem has been appointed as secretary of the Department of Homeland Security, with former ICE Director Tom Homan named "border czar." As New York City consolidates its migrant operations, Adams has a tough road ahead. The closures signal a pivot in the city’s approach but also underscore the broader national debate on immigration policy .