#Question Bank Class 11 2025

[sagarrachnagrp]

Together with CBSE 2024 Class 11 Question Bank All subjects

Series of Comprehensive CBSE Question Bank Class 11 by Rachna Sagar is the sure-shot solution to reach the academic excellence. The exemplary features of ‘Together with’ Chapter-wise Question Bank Class 11 2025 assures best scores. From best CBSE reference books to Pull out worksheet and answer key for Class 11 All subjects, we have it all.

[specialists-opinions]

The next stage of capitalism | Yanis Varoufakis on technofeudalism and the fall of democracy

427,308 views Feb 14, 2025 #technofeudalism#elonmusk#democracyYanis Varoufakis explains the evolution of capitalism, from its beginnings in feudal Europe to its imminent death in the era of Big Tech.

As Elon Musk and the Big Tech billionaires increase their control over government institutions, we must all ask ourselves a troubling question: are we witnessing the end of democracy?

With a free trial, you can watch the full talk NOW at https://iai.tv/video/the-new-ruling-c...

Capital triumphed over democracy a long time ago. Today, following the Financial Crisis of 2008 and the rise of the platform corporations, a new type of capital has emerged. Command capital is crushing the remnants of our democracies and giving rise to a new, technofeudal ruling class. Further still, the start of the second Trump administration in the United States has demonstrated, in worrying clarity, just how much control and influence the Tech Giants wield when it comes to geopolitics.

Economist, politician, and best-selling author Yanis Varoufakis argues that a radical reassessment of property rights over machines and data is the only way for us to confront this new ruling class. Join him for a journey from the feudalist economy of medieval Europe to the modern era of Tech Giant supremacy, exploring how companies like Google, Tesla, OpenAI, and Amazon extract value and capital from their users.

The Institute of Art and Ideas features videos and articles from cutting edge thinkers discussing the ideas that are shaping the world, from metaphysics to string theory, technology to democracy, aesthetics to genetics. Subscribe today! https://iai.tv/subscribe?utm_source=Y...00:00 Introduction 00:22 We are witnessing the end of capitalism 01:11 Yanis Varoufakis explains what 'capital' is 02:08 The origins of capitalism in feudal Europe 03:50 Technofeudalism and cloudalist overlords: the next evolution of capitalism 05:24 How cloudalists extract wealth from the population 06:12 How neoliberalism and the 2008 Financial Crisis paved the way for technofeudalism 08:18 The two pillars of traditional capitalism 11:17 Elon Musk, central bank money, and the Tech Giants 12:41 The end of democracy For debates and talks: https://iai.tv For articles: https://iai.tv/articles For courses: https://iai.tv/iai-academy/courses

[honorarydoctorate]

MHT CET 2025 Registration Extended: Apply by February 27

The Maharashtra Common Entrance Test (MHT CET) is a pivotal examination for students aspiring to secure admissions in engineering, pharmacy, and agricultural courses across Maharashtra. In a recent development, the State Common Entrance Test Cell of Maharashtra has extended the registration deadline for MHT CET 2025. Candidates now have until February 27, 2025, to submit their applications with a late fee of ₹500. The payment of application fees can be made until February 28, 2025.

Careers360 Engineering

Key Dates and Deadlines

Original Registration Window: December 30, 2024, to February 15, 2025

Extended Registration with Late Fee: February 23 to February 27, 2025

Last Date for Application Fee Payment: February 28, 2025

This extension provides a final opportunity for candidates who missed the initial deadline to apply for the MHT CET 2025. It's imperative to adhere to these dates to ensure successful registration.

Application Process

To apply for the MHT CET 2025, follow these steps:

Registration:

Visit the official MHT CET website: cetcell.mahacet.org.

Click on the "New Candidate Registration" link.

Provide the required personal details to create a unique login ID and password.

Filling the Application Form:

Log in using your credentials.

Enter personal, academic, and contact information as prompted.

Select your preferred exam centers.

Uploading Documents:

Upload scanned copies of your recent passport-sized photograph and signature.

Ensure the images meet the specified format and size requirements.

Payment of Application Fee:

The application fee is ₹800 for general category candidates. Shiksha

An additional late fee of ₹500 applies for applications submitted between February 23 and February 27, 2025.

Fees can be paid online via credit/debit card, internet banking, or UPI.

Submission and Printout:

Review all entered information for accuracy.

Submit the application form.

Download and print the confirmation page for future reference.

Eligibility Criteria

Before applying, candidates must ensure they meet the following eligibility criteria:

Nationality: Indian citizens only.

Age Limit: No age limit specified for MHT CET 2025.

Educational Qualification:

For Engineering courses:

Passed HSC or equivalent examination with Physics and Mathematics as compulsory subjects, along with Chemistry/Biotechnology/Biology/Technical/Vocational subjects.

Secured at least 50% marks (45% for reserved categories) in the above subjects taken together.

For Pharmacy courses:

Passed HSC or equivalent examination with Physics and Chemistry as compulsory subjects, along with Mathematics/Biology.

Secured at least 50% marks (45% for reserved categories) in the above subjects taken together.

Documents Required

Candidates should have the following documents ready before starting the application process:

Valid email ID and mobile number.

Recent passport-sized color photograph (scanned image).

Scanned image of the candidate's signature.

Domicile certificate (if applicable).

Category certificate (if applicable).

HSC/equivalent examination mark sheet.

Exam Pattern and Syllabus

Understanding the exam pattern is crucial for effective preparation. The MHT CET 2025 will consist of:

Mode of Examination: Online (Computer-Based Test).

Duration: 180 minutes.

Sections:

Physics (50 questions)

Chemistry (50 questions)

Mathematics/Biology (50 questions)

Marking Scheme:

Physics & Chemistry: 1 mark per question.

Mathematics: 2 marks per question.

No negative marking.

The syllabus primarily covers topics from the Maharashtra State Board of Secondary and Higher Secondary Education for classes 11 and 12. Candidates are advised to refer to the official information brochure for detailed subject-wise topics.

Important Instructions

Accuracy: Ensure all information entered is accurate and matches official documents. Discrepancies can lead to application rejection.

Unique Mobile Number and Email ID: Use a valid and unique mobile number and email ID for registration. All communications will be sent to the registered contact details.

Document Specifications: Adhere to the specified format and size for uploading photographs and signatures. Non-compliance can lead to application rejection.

Fee Payment: The application fee, along with the late fee (if applicable), is non-refundable. Ensure successful payment to complete the application process.

Application Confirmation: After submission, download and print the application confirmation page. This serves as proof of successful registration and may be required for future reference

[cbsesamplepapersblog]

CBSE Books Class 11 for Exams 2024-2025: Question Banks, Sample Papers, One For All. With Exam Ready Cognitive Tools-Mind maps, Revision Notes, Concept Videos.

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[expatimes]

Lebanon's top university hikes tuition 160 percent, citing crisis

Beirut - Lebanon's prestigious American University of Beirut (AUB) has announced that it will more than double the cost of tuition in the local currency, saying the move was necessitated by the country's spiralling economic collapse.

The university will adopt an exchange rate of 3,900 Lebanese pounds to the US dollar, officially untethering from Lebanon's 23-year-old official rate of 1,500 Lebanese pounds per dollar.

AUB President Fadlo Khuri said the university had made the decision in June but held off in the hope that Lebanon's leaders would implement reforms to unlock international aid that could stabilize the country's currency, which has lost about 80 percent of its value since mid- 2019.

“We delayed it as far as we can, hoping for an economic rescue of Lebanon as a country and some kind of sustainable plan… clearly that's not imminent,” Khuri said in a briefing with journalists on Monday.

The new rate mirrors one of Lebanon's three main exchange rates; a semi-official one set by the central bank for commercial bank transactions.

At the official rate, yearly tuition of approximately $ 24,000 equated to 36 million pounds. When the new rate goes into force this spring, it becomes 93.6 million pounds.

The minimum wage in Lebanon is just 675,000 pounds a month, or 8.1 million per year.

That renders AUB inaccessible to the vast majority of youth in a country where more than 50 percent are poor, and casts uncertainty over the ability of thousands of students, many formerly considered middle class, to complete their studies at one of the Middle East's top universities .

Even before the tuition hike, Khuri said 250 of some 9,400 students at the university had halted their studies, while 600 incoming students had ultimately decided not to start.

AUB expects more to leave now, but does not know how many, Khuri said.

Still, he characterized the price hike as necessary to secure the university's long-term survival.

“AUB is not just for students, faculty, staff or alumni or the administration; This is a university that belongs to future generations, ”he said, adding that continuing at the official rate was“ entirely unaffordable. ”

He said the university set a goal of providing comprehensive scholarships to 1,000 students who couldn't otherwise afford it by 2025, up from 700 today (a number which itself is up from 450 five years ago).

That will, however, do little to offset the most painful, immediate effects of the tuition hike on the student body. AUB's decision also feeds into the growing stratification of Lebanese society between a small number of wealthy people with access to the funds for a dignified life, and the vast majority who struggle to secure their most basic needs.

Lama Jamaleddine, a 19-year-old psychology major, said her parents would now have to take out bank loans or borrow money from family and friends to get her through her final semester in spring. But her plans to pursue a masters degree at AUB will now have to change.

“We were trying to save up for post-grad. This halts my chances, ”she told Al Jazeera.

Jamaleddine is the secretary of AUB's Secular Club, an independent group that recently won the largest share of seats at student elections, beating out clubs backed by Lebanon's sectarian ruling class.

She says secular students at 11 Lebanese universities across Lebanon will hold a meeting on December 12 to decide on steps to take in response and said they may organize protests even before the meeting.

“The new prices are just a colossal amount that many students can't afford. Many are struggling to secure their basic necessities since so many subsidies are being lifted and the prices are always rising on everything in this country, ”she said.

Currency crash

Lebanon's central bank has said it can only maintain subsidies on essential goods such as wheat, fuel and medicine until January, prompting UNICEF and the International Labor Organization to warn of a “social catastrophe” in a Monday opinion piece posted on UNICEF's website.

“The impact of removing price subsidies on the country's most vulnerable households will be tremendous and yet there is almost nothing in place to help soften the fall,” the two agencies said.

The country's deep financial crisis is compounded by COVID-19 and the aftermath of the massive Beirut port blast in August, which wrecked large parts of the city, killing 200 and injuring more than 6,000.

France has spearheaded an initiative aimed at providing billions of dollars in aid to Lebanon, conditional on the formation of a new government that implements reforms. But Prime Minister-designate Saad Hariri has failed to form a government five weeks after being picked by Parliament. And if he does form a government, there is little reason to believe the three-time prime minister would implement the far-reaching questions asked of him.

Khuri said that he had tried to avert Tuesday's price hike by asking for help from donor nations including the United States, as well as from the cash-strapped government of outgoing Prime Minister Hassan Diab - himself formerly a vice president at AUB.

“We don't think this government has supported AUB or the higher education sector,” Khuri said.

Indeed, the outgoing prime minister is suing AUB for roughly $ 1m in end-of-service benefits that he says are being unfairly withheld from him.

If conditions continue to worsen - and experts, including the World Bank, say they will due to the inaction of political and financial authorities - Khuri does not rule out a further increase in tuition fees, though he said the administration is not considering such a move now.

. #world Read full article: https://expatimes.com/?p=15342&feed_id=22265

[khalilhumam]

When will the global consumer class recover?

New Post has been published on http://khalilhumam.com/when-will-the-global-consumer-class-recover/

When will the global consumer class recover?

By Max Thomasberger, Kelsey Wu On Black Friday, this year’s shopping will reach its peak. In the exceptional circumstances of 2020, the peak will not be high. The COVID-19 pandemic is a truly global economic crisis, with all countries likely facing a contraction in consumption. According to the IMF’s latest projections, only Guyana will perform better in 2020 than it did in 2019; per capita growth in 170 out of 190 economies will actually be negative. During the global financial crisis of 2008-2009, Asia made up for the decline in OECD economies. In fact, because of Asia’s rise, the global middle class kept growing through the global financial crisis. In 2020, all world regions will contract at unprecedented levels, especially Asia, which today represents more than half of the global consumer class (people who spend more than $11 per day).

The world’s consumer class is set to shrink in 2020

This analysis builds on earlier posts on the global consumer class, which we define as anyone spending more than $11 per day (in 2011 PPP). For our new post-COVID-19 projections, we include the latest IMF World Economic Outlook (WEO) released October 2020, the latest World Bank spending projections based on 200 new datasets, and the updated demographic forecasts for every country by the International Institute of Applies Systems Analysis (IIASA) before integrating the latest sub-national projections. This year, for the first time in half a century, the global consumer class will shrink. Before COVID-19 broke out, we estimated that the global consumer class stood at 3.9 billion people spending approximately $62 trillion per year. Post-COVID-19, the global consumer class is 52 million people smaller than it was in 2019. Because of population growth, the COVID-19 outbreak has added 130 million people to the group of poor and vulnerable (people spending less than $11 per day) in 2020.

COVID-19 might only be a temporary shock…

However, if the current IMF predictions of a strong recovery in 2021 materialize, COVID-19 would only create a bump in the continuous expansion of the global consumer class. Our model estimates that the global consumer class will still reach 5 billion people by 2027 (Figure 1). This will make COVID-19 a temporary shock to the global economy and the global consumer class will recover in 2021. The average world citizen, however, will have lost two economic years.

Figure 1. A COVID-19 bump in the road to a middle-class world?

Projections by World Data Lab 

…but it will be still expensive

The impact on total consumer spending is much more severe. Instead of adding $2 trillion in additional consumer spending, the world has been losing $3.3 trillion because of COVID-19, almost the equivalent of total consumer spending in Germany and France combined. The sharpest declines have been in Asia excluding China and Europe with about $1 trillion each. North America will decline by $770 billion, and South America will contract by $300 billion (Figure 2). China, on the other hand, sees a $200 billion increase in total consumer spending.

Figure 2. Consumer spending is declining almost everywhere

Source: Projections by World Data Lab

Who will recover the fastest?

Recovery times will be very uneven across continents and countries, driven by the depth of the 2020 slump and the pace of the recovery. The economic rebound depends on a multitude of factors, like the containment of COVID-19, the governments’ policy response, as well as long-term demographic and economic shifts. Current World Data Lab projections indicate that there are four projected patterns of recoveries (see Map 1):

Zero or positive growth in spending per capita. This group includes China, Egypt, Vietnam, Taiwan, Bangladesh, and most countries in sub-Saharan Africa.

Fast recovery in spending per capita: recovery by 2021-2022. These “fast recovers” represent a wide mix of countries, including India, most of Europe, and much of Southeast Asia.

Medium recovery in spending per capita: recovery by 2023-2024. This group includes large economies, such as the U.S., Canada, U.K., Australia, Brazil, and most of South America.

Slow recovery in spending per capita: recovery completed after 2025. This group includes Mexico, most of the Middle East, and parts of sub-Saharan Africa.

Map 1. Some economies might take more than five years to recover from the coronavirus

Source: Projections by World Data Lab

Shopping used to be a western thing

As we start the shopping season, it is important to remember that the rise of the global consumer class is a phenomenon of this century. “Shopping” used to be a privilege of Western economies that since the 1980s has been spreading across the world. With the pandemic, the shift towards emerging markets has gathered speed. Not all emerging markets are equal, though: China and Egypt will do better than India and Russia, which will do better than Brazil; consumers in Mexico and South Africa are likely to take more than five years to recover. Note: For questions on the underlying data models, please contact Maximilian Thomasberger (Maximilian.Thomasberger@worlddata.io) 

[taniabnt]

The power project quest: where are we now and what’s next?

Grant us the serenity to accept the things we cannot change, Courage to change the things we cannot accept, and Wisdom to know the difference.

- borrowed from the “Serenity Prayer” by Reinhold Niebuhr

Sumber: www.cnnindonesia.com/

Saya teringat sms Pak Sholeh mengabarkan pembangkit PLN sudah beroperasi 24 jam, walaupun baru di Karimun dan Kemujan. Alhamdulillah, jawab saya. Masyarakat sudah menunggu lama, listrik 8 jam byar-pet itu akhirnya diganti juga. Kemudian beliau menjawab, “Tapi kita ndak jadi dipasang pembangkit matahari (PLTS), Mbak. Padahal kita ya ndak mau (PLTD). Takutnya kalau badai bisa susah listrik. Belum lagi kalau bocor (bahan bakarnya).

The energy trilemma

Energy is a difficult resource to manage, therefore, we cannot neglect the incommensurability aspect following the borderline. Many factors need to be considered; persistent problems, multi-actors, and the dynamics of the society also land. As a very top-down process, I would say that it is not only nationally driven but rather globally. So energy is always a matter of power, who drives energy is ‘in control’. Though it is applied reversibly, you can control others through energy. However, we could notice those powerful players in the global arena are dancing on their renewable accomplishment. Indeed, renewable is the future and they want to take control of it. China is a special case in this sense, its renewable production is enormous, even I would prefer, it almost linear without stagnation. While EU countries seem to press each other to cope with the ‘rule of the game’ so they could reach their renewable sovereignty targets. The question remains, where is a developing country like Indonesia positioned in this global trend? Indonesia, like many others, is facing a central challenge as a complex ‘energy trilemma’ which is involved conflicting aspects of the competing demand for energy security, climate change mitigation, and in particularly poor areas, energy poverty.

Power paradox in the power-plant project

The national electricity plan in the Jokowi’s era requires 35,000 MW project to be finished by 2025. The pro-cons debate has followed since the government passed several regulations to continue the project. The project needs recalculation because of the production is not progressing as scheduled. It is worsened by the lower country’s economic growth than the expected plan. Only 19,700 MW will begin operating in 2019, from the target of 26,000 MW. This power project seems to be paradoxical since the beginning. In general, the energy share plan is highly dependent on conventional sources even though Indonesia is repleted with renewable resources; wind, sun, and geothermal. The electricity plan of RUPTL 2017 reflected the PLN’s reluctance to implement renewable energy. Along with the mindset of a fast-track program, major parts of power plants are steam and gas-fired power plants. Those are considered typically manageable and fastest way to build. Whereas, the construction of coal, petroleum and gas-fired power plants takes at least three to four years. Those are way longer than renewable that takes roughly six months to two years until the operation.

If the project is really aiming to increase the access to electricity, from the current electrification ratio of 88 percent to 97 percent, the development plan shows the contrary. Only 3.5 percent of the project is built in unelectrified areas, while the rest remain centered in Java, Bali, and Sumatera. Therefore, it is remarking an ambitious political agenda rather than providing equitable development. In this case, power has been perpetuated to set the reasoning of why the project continues albeit many irregularities carried. The nation’s power project has been tainted with a long history of stalled development and corruption. This recent project seems to carry out similar characteristic, the power exercises are visible with the large coal and oil companies who will be benefited from the plan. At the same time, those who live in remote islands like Karimunjawa merely left with two choices between using conventional energy or staying unpowered; after all, it is not even their choice.

Approaching at the local level should be done parallel with preparing the policy. In Karimunjawa, the local spatial plan from Kabupaten Jepara states the use of renewable energy in the strategy part in RPJMD Year 2012. Otherwise, the implementation plan remains unclear. The renewable energy project is not even enacted in the financial plan. Bickerstaff and Walker (2005) suggest finding new mechanisms with regards to political and cultural settings. Certain boundaries regarding the power project may only be solved at the national level, therefore, the strong resistance in the national government should be diminished. To be part of the government’s political agenda, developing new rational towards renewable energy is crucial. As mandated by RZWP3K Year 2014, several projects should be taken to promote energy diversification and protect the islands’ environment. Nonetheless, the rules are overlapping with the current government program of 35,000 MW. In this sense, the national government should ensure the policy and plan towards renewable energy are integrated. Therefore, the power holder cannot arbitrarily pass the existing rules.

Flyvbjerg once proposes that regulating power and recast the project are what needs to be fixed in the formal process. There should be a requirement of ‘reasonableness’ in the decision-making process. The goal and milestones to achieve every project should be clear and open to reduce the misrepresentation behind the project. Recently, the Ministry of Energy and Mineral Resources released decree Number 12 the Year 2017 on Renewable Sources for Electricity Procurement. The decree enacts incentive as much as 85% electricity tariff for renewable energy. It is a good start to enliven the investment. But such low costs depend on the area, whereas rural and remote places are still considered expensive. Even though the trilemma is there, the government should set priorities and various approaches; planning for future demand is as important as providing electricity in unelectrified areas.

A quest: Reclaiming the islands

In 2009, provincial government and several international NGOs funded renewable energy power plants such as solar (PLTS) and wind (PLTB) in Karimunjawa. Those mainly support the public facilities like health clinic (Puskesmas), mosque and schools. Local cooperation (BUMD) have handled the management and maintenance since the operation started. Cooperation capacity to manage still needs to be increased. For instance, sometimes they cannot cope with technical problems like broken components. Even though they already have a system to collect money from users called kencleng, large-scale uptake will require a better mechanism. Power resulted from the current renewable system for the households are limited. The largest power plant just as big as 160 KW, each of them are hybrid with diesel generator (PLTD). With limited power, electricity only available at night. In 2016, PLN developed diesel power plants to power for 24 hours on the main island, Karimun. While other islands, Kemujan, Nyamuk, Genting, and Parang are still powered by the limited hybrid system. In addition, environmental degradation resulted from the process of burning fuels will be indisputable. This is not aligned with what the people’s believe and protect all this time. Living for years in the islands, the inhabitants have cultivated their proximity to nature, seen from their socio-cultural values. Their livelihoods in agriculture and fisheries heavily depend on the environmental condition.

Renewable energy is framed to be an expensive item in developing country like Indonesia. In fact, all the burdens seem to fade away with innovation and expansion. Those make renewable energy cheaper and accessible. Instead, coal-fired power plants, petroleum, and gas used in remote islands will require high operation cost, especially fuel transportation from fuel-producing region to power plant sites. Moreover, Karimunjawa is located 90 kilometers from Java, therefore requires ferries or boats to transmit the fuels. While the weather during a year is unpredictable, the payload may not reach the islands. The geographical condition comprises the islands with abundant renewable resources. Karimunjawa is relatively exposed to direct sunlight and wind all day throughout the year. Accordingly, off-grid solar panel and wind-turbine are potential options.

As a new magnet of tourism, Karimunjawa should learn from other established destinations in Indonesia where land acquisition and massive development are played vigorously. Although the investment is indisputably needed, a complete openness will threaten local economy. Businessman and capital owners would like to invest when infrastructures are prepared. Buying electricity from the PLN can be applied to all parties. But it will be different if the power plant is owned by the community. Consequently, investors must deal with local people when they want to access the energy. Harnessing energy from renewable resources will (at a best possible scenario) give sovereignty to the locals.

But still, It is a long way to go Where are we now and what’s next? 

Groningen, 16-11-17.

Source:

ADB. (2016). Achieving Universal Electricity Access in Indonesia. Manila: Asian Development Bank.

Aprilia, A. (2017, 10 12). Pressreader. Retrieved from Quo Vadis renewable energy in Indonesia? Accessed on 2017, 10 15. www.pressreader.com

Bickerstaff, K., & Walker, G. (2005). Shared Visions, Unholy Alliances: Power, Governance and Deliberative Processes in Local Transport Planning. Urban Studies, 2123-2144.

Flyvbjerg, B. (2008). Curbing Optimism Bias and Strategic Misrepresentation in Planning: Reference Class Forecasting in Practice. European Planning Studies, 3-21.

Mietzner, M. (2017). Jokowi’s Presidency between Elite Consolidation and Extra-Parliamentary Opposition. Asian Survey, 165-172.

PLN. (2017). Rencana Usaha Penyediaan Tenaga Listrik (RUPTL) 2017-2026. Jakarta: PT. PLN (Persero).

[nigeiadigitalmarketingcompany]

Links 7/22/19

Digital Elixir Links 7/22/19

The Washington Monument displayed a mesmerising tribute for the 50th anniversary of the Apollo 11 moon landing Business Insider (KW).

Hawaii telescope protest shuts down 13 observatories on Mauna Kea Nature

NASA’s Lunar Space Station Is a Great/Terrible Idea IEEE Spectrum

The Black Hole Engulfing the World’s Bond Markets Bloomberg

Investing in the age of deglobalisation FT

A simulation of the insurance industry: The problem of risk model homogeneity (PDF) Torsten Heinrich, Juan Sabuco, J. Doyne Farmer. A new and unexpected source of fragility.

Brexit

Labour’s Brexit capitulation is the end of Corbynism Lee Jones, London School of Economics and Political Science

The Ham of Fate NYRB

Sure, Boris Johnson Is Funny. But Has He Ever Done a Job Well? NYT

Ukraine election: Zelensky’s party set to win big in parliamentary vote EuroNews. Mark Ames:

For 3 years, Ukraine’s parliament has been led by neo-Nazi speaker Andriy Parubiy, founder of the Social-National Party—and all this time, the Anglo-American media maintained a shameful blackout on reporting it. Today, Ukrainians are booting the Nazi out https://t.co/eCTLPZmJo1

— Mark Ames (@MarkAmesExiled) July 21, 2019

‘A Pre-Revolutionary Situation’: More Than 20,000 Rally in Moscow for Free Elections Moscow Times

China?

Triads linked to violent pro-China gangs as Hong Kong protests enter dangerous new phase Sydney Morning Herald. A thread on yesterday’s march:

Ahead of today’s march, Hong Kong protesters have put together this video reading out their manifesto.

The same manifesto was read out during the parliament siege on Jul 1.

This version is in English and very much aimed at an international audiencehttps://t.co/5fdwc0SfKa

— Jerome Taylor (@JeromeTaylor) July 21, 2019

Two of three men arrested over Hong Kong’s biggest bomb plot, discovered on eve of major anti-government protest, are members of pro-independence groups South China Morning Post

* * *

What Trump’s tale about the US trade war’s role in China’s economic decline got wrong South China Morning Post

Why an “AI Race” Between the U.S. and China Is a Terrible, Terrible Idea. The Intercept

China to tackle corruption in Belt and Road projects FT

What are click farms? A shadowy internet industry is booming in China Yahoo Finance

Abe fails to win two-thirds majority needed to revise constitution FT

The IMF Takeover of Pakistan The Diplomat

India

Live coverage: India’s Chandrayaan 2 moon mission counting down to liftoff Spaceflight Now

India Monitoring for ‘Signs of Fragility’ Among Shadow Banks Bloomberg

Between deprivation and decadence: the bleak view of India’s future The Interpreter

Puerto Rico

Puerto Rico prepares for massive protest to expel governor AP

It Was Never Just About the Chat: Ruminations on a Puerto Rican Revolution Counterpunch. Well worth a read. (I encountered it as a cross-post, sourced to Counterpunch. To find the original, I googled for a sentence, and there was no hit for Counterpunch. Then I went to Counterpunch, and there it was. So Google’s black list is still in effect.) From the article: “But the jokes about needing carrion birds to devour the dead, that was the lit match. The chat messages didn’t start this.” The joke, about what to do with all the corpses after Hurricane Maria:

Some highlights from the leaked Rosselló admin chats:

1. Christian Sobrino (who’s just resigned) joking about taking corpses backlogged at Forensic Sciences earlier this year and “feeding them to the crows” that go to the Oversight Board to crow. pic.twitter.com/wRo7koY2uD

— midnucas #RickyRenuncia (@midnucas) July 13, 2019

(Translation.) #awkward.

In Secret Chats, Brazil’s Chief Corruption Prosecutor Worried That Bolsonaro’s Justice Minister Would Protect Bolsonaro’s Senator-Son Flávio From Scandals The Intercept

Trump Transition

Merger Mania in the Military Industry Consortium News

Waco resident gets census test with citizenship question, despite Supreme Court blocking question on 2020 Census Waco Tribune

Why the 2020 census will have fewer personnel and offices Federal Times

Election security to take back seat at Mueller hearing The Hill (Furzy Mouse).

How Trump’s businesses are booming with lobbyists, donors and governments Guardian

The biggest civil trial in U.S. history will start with these Ohio counties WaPo

Sackler name no longer sparkles at the Louvre France24. How about Harvard?

Democrats in Disarray

Moderate Democrats Warn That AOC Is Distracting From Their Nonexistent Message New York Magazine. “… the Democrats’ burgeoning wing of affluent suburbanites….” For whom Pelosi and the DCCC optimized in 2018, with results that were predictable and predicted.

2020

Sanders’ early life in Brooklyn taught lessons, some tough AP

Elizabeth Warren’s Banking Sector Napalm The Reformed Broker

Health Care

Turning 26 Is A Potential Death Sentence For People With Type 1 Diabetes In America Buzzfeed

Fix The Insulin Problem Eschaton. Because you know the compromise solution will kick in by 2025, just like the minimum wage hike.

Migration

To folks in this Guatemalan town, success stories start with a trek to the U.S. Los Angeles Times

Imperial Collapse Watch

Nikki Haley’s Foreign Policy ‘Principles’ and China The American Conservative

Neoliberal Capitalism at a Dead End Monthly Review

Class Warfare

Prime Day for a union? Not yet at this Amazon warehouse Fast Company

‘This is unprecedented’: Alert, Nunavut, is warmer than Victoria CBC (CL).

Major U.S. cities are leaking methane at twice the rate previously believed Science

Twenty injured as 1,800 firefighters battle huge wildfires in Portugal with terrified residents forced to flee their homes Daily Mail

Between the Devil and the Green New Deal Commune (UserFriendly).

Antidote du jour (via):

Bonus antidote:

See yesterday’s Links and Antidote du Jour here.

Links 7/22/19

from WordPress https://ift.tt/2GnjBX8 via IFTTT

[sagarrachnagrp]

Best Question Bank for Class 11 CBSE 2025 | Together with CBSE Question Bank Chemistry

Get best question bank for Class 11 Chemistry for Session 2025-26. Together with CBSE 2024 Class 11 Question Bank Chemistry includes chapter-wise mind maps, topic-wise questions, solved NCERT exercises, self-evaluation tests, practice papers & much more. It also features constructed response type questions (VSA, SA & LA) for thorough preparation. CBSE Question Bank Class 11 Chemistry 2025-26 edition is an ideal for 100% success

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Why Bitcoin Is The Investment Of The Decade

Summary The hype around Bitcoin is warranted.

Bitcoin cannot, and does not need to, dislodge fiat currency.

But it will benefit from transactional demand and "store of value" demand.

At current valuations, you get half a niche payment disruptor, with a gold disruptor thrown in for free.

GBTC is still a feasible short-term play on Bitcoin.

We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten. Don’t let yourself be lulled into inaction.

- Bill Gates

There’s been a lot of buzz around Bitcoin, partly on the back of its rapid appreciation and partly on the disruption potential of the technology itself. In this article, I’d like to firstly clarify some misconceptions surrounding Bitcoin and postulate what a fair value should be.

Misconception #1 - Bitcoin is an Unreliable Store of Value The conventional thinking behind this misconception is that Bitcoin is too volatile, and hence it cannot truly be a store of value. A popular benchmark is oil prices and currencies for instance, which are orders of magnitude less volatile than Bitcoin.

But this line of thinking misses one key point - trust. No matter how volatile the asset, it can and will be a store of value so long as people believe it is. Take a look at gold’s annualized volatility versus Bitcoin below.

Bitcoin

(Source: Fundstrat)

The right side of the chart somewhat validates the naysayers' point about volatility over the past couple of years. But look how far Bitcoin vol has trended down over the last three years. In fact, at certain points of time in recent history, Bitcoin was actually as volatile, if not even less so, as gold.

Now let’s turn back to when gold was freely priced, back in the ‘70s. What we see is that “early” gold’s annualized volatility was similarly high versus Bitcoin’s, yet it was used as a store of value - because people believed it was.

In this regard, gold and Bitcoin were both born out of the same fundamental distrust in the existing financial system. In the ‘70s it was the Great Inflation, and in ‘08 it was the banking system, and subsequently, centralized monetary policy decision making.

In a way, Bitcoin’s digitized, decentralized and unregulated nature speaks to the distrust in today’s financial system far better than gold. Among other things, it can help users avoid high taxes, capital controls and confiscation.

As it moves further into the mainstream and adoption increases, I suspect the substitution effect will become more prevalent, driving down demand for gold in favor of alternatives such as Bitcoin. As gold prices fall as a result of falling demand, the perception of such traditional safe havens as a store of value will begin to be questioned. This will, in turn, kick-start a network/ multiplier effect, driving safe haven flows into Bitcoin and will slowly unravel this misconception.

Misconception #2 - Bitcoin is an Unreliable Payment Method The overarching misconception surrounding this seems to stem from the unregulated nature of Bitcoin as well as security concerns.

The Mt. Gox bankruptcy in 2014 is a case in point, illustrating the susceptibility of exchanges to convert fiat to BTC and vice-versa, and wallet software to facilitate transactions. At one point in 2013, Mt. Gox was handling over 70% of all Bitcoin transactions. But in early 2014, it filed for bankruptcy protection and announced $450 million worth of Bitcoins (BTC850k) were lost due to a “hack”.

It is important, however, not to conflate security risks stemming from the enablers (exchanges) and agents (hackers) versus the technology itself, which has thus far proven foolproof. If anything, inevitable regulation of the agents transacting Bitcoin will help improve its viability as a medium of exchange.

But it is important not to miss the forest (technology) for the trees (bad press). The strongest argument for Bitcoin’s intrinsic value is not only its ability to function as a decentralized, digitized medium of exchange, but also the safest and cheapest one.

In practice, the blockchain on which Bitcoin operates is safer than conventional payment systems. From the merchants' perspective, transactions are secure, irreversible and do not contain customer info (preventing fraud/ chargeback claims). For consumers, Bitcoin is decentralized and, therefore, cannot be manipulated by any single party.

To understand why it is the cheapest, take a look at the traditional “four party” payment system below. This system entails a bloated ecosystem consisting of: 1) the merchant, 2) consumer, 3) the card issuing firm and 4) the card network. This results in a typical cost to a US-based merchant of ~2-2.5% (including the merchant acquirer).

(Source: Goldman Sachs)

On the other hand, the decentralized nature of Bitcoin (enabled by the blockchain) eliminates the need for a central clearinghouse or financial institution to act as a third party to financial transactions. Instead, the network uses a peer-to-peer system where network users (miners) independently verify transactions and are then rewarded for their work with newly minted Bitcoins.

The effective cost of a Bitcoin transaction is thus lowered - to the tune of ~1.5% (1% versus 2.5% in the traditional “four party” model).

Misconception #3 - Bitcoin Cannot be a Currency, So it Will Fail Conventional wisdom is that Bitcoin is a “digital currency,” and thus, its raison d'etre should be fulfilling the three core criteria every currency must fulfill: 1) store of value, 2) medium of exchange and 3) unit of account. I do agree with mainstream thinking that Bitcoin is nowhere close to becoming legal tender, although it compares very well to both fiat currency and gold.

(Source: Canaccord Genuity)

In any case, Bitcoin’s inability to become a mainstream currency is already priced into cryptocurrency valuations. Compared to traditional currency circulations, the cryptocurrency market is still small (note that cryptos have a more global reach versus USD and EUR).

Screenshot (9).png

(Source: S&P)

Here’s what investors seem to miss - Bitcoin does not need to become a currency to derive its intrinsic value. The addressable market of Bitcoin as any one of the three criteria is enough to provide major upside for investors going forward.

I reflected this using three different viewpoints culminating in the following valuation approaches.

Bitcoin Valuation #1 - Bitcoin as a Network The first method to valuing Bitcoin looks at its value as a network. To gauge this value, we’ll need to delve into a concept called Metcalfe’s Law, which postulates that the value of a network is proportional to the square of the number of participants.

(Source: ITLaw)

The law would thus imply that Bitcoin is explained by an exponential function where a linear increase in members would entail a quadratic increase in members. Extending this law to Bitcoin’s value in practice shows that Bitcoin is linked to both volume and exponentially to the number of users.

Modeling Bitcoin using two variables - 1) unique addresses (proxy for accounts) (n^2) and 2) estimated transactions per user (proxy for usage) (linear) - helps explain 94% of the price movement.

(Source: Fundstrat)

With that in mind, tweaking the two key regression variables gives us an idea of how Bitcoin prices might trend going forward. Plugging in both a rise in unique addresses and transaction vol/user of 50% and 30% YoY respectively, in line with current run rates, gives a $5,977 target price.

Mid-Aug Value

Projected mid-2018 Value

YoY %

Unique Addresses

650,889

976,349

50

Transaction Volume per User

$4,050

$5,265

30

Implied Value

$4,300

$5,977

39

(Source: Fundstrat)

Now, I’d argue this estimate is very conservative, considering it extends the run rate for unique addresses (50%) but exponentially drops the transaction volume trajectory (30% YoY versus 2000% YoY in the prior year).

Bitcoin Valuation #2 - Bitcoin as Alt Gold The second valuation approach pertains to Bitcoin’s appeal as a store of value.

At present, gold is perhaps the best proxy for Bitcoin’s potential total addressable market (TAM), due to its nature as the purest play on the store of value theme. For an idea of market size at stake, gold is currently the fourth-largest asset class with ~$7.5 trillion outstanding.

Screenshot (11).png

(Source: Fundstrat)

With an ~$70-80 billion market cap, Bitcoin is worth ~1% of gold holdings. Of total gold outstanding, ~17.5% is held by central banks as reserves.

Central Bank

Non-Central Bank

Gold Holdings

17.5%

82.5%

(Source: Bloomberg)

Now, what if 1% of gold holdings rotated out of gold and into Bitcoin? The answer is huge - for every 1% shift, Bitcoin would have ~99% upside. A shift solely from central bank holdings would offer 17% upside per %pt shift. This implies a potential $4,000-5,000 incremental value for every 1% pt from gold alone ($9,000-10,000 price assuming 1% substitution).

$ billion gain per %pt of gold

BTC Upside per %pt of gold

Central Bank

13.148

17.34%

Non CB

61.852

81.55%

Total

75

98.89%

(Source: Bloomberg, Author Estimates)

Bitcoin Valuation #3 - Bitcoin as an Alt Payment Method Another approach to valuing Bitcoin is as an alternative payment method in competition with the likes of Visa (NYSE:V), MasterCard (NYSE:MA) and PayPal (NASDAQ:PYPL). In this space, it offers significant benefits over alternatives, as the current ~1% cost per transaction is far below that in online payments (3-8%) and remittance (5-10%).

Now, because Bitcoin does not generate cash flow, a commodity-like analysis of supply-demand dynamics can be employed to estimate its value as an alternative payment system.

Assuming the % of supply held for investment/dormant falls gradually at ~2% (in line with analyst estimates at Cowen) as a greater proportion of Bitcoin is used for transactions, this should bring us up to ~19.5 million available for transactions by 2025. Meanwhile, total BTC in circulation is projected according to a 4-year reward-halving schedule.

[honorarydoctorate]

MHT CET 2025 Registration Date: Everything You Need to Know

The Maharashtra Common Entrance Test (MHT CET) 2025 is a state-level entrance exam for admission to undergraduate engineering, pharmacy, and agriculture courses in Maharashtra. Conducted by the State Common Entrance Test Cell, Maharashtra, the exam is an important gateway for students aspiring to join prestigious institutions in the state.

MHT CET 2025 Registration Date

The registration process for MHT CET 2025 is expected to begin in January 2025, based on previous years’ trends. The exact dates will be announced on the official website: cetcell.mahacet.org.

Start Date of Registration: January 2025 (Tentative)

Last Date to Apply: March 2025 (Tentative)

Application Form Correction Window: March 2025

Exam Dates: April - May 2025

MHT CET 2025 Application Process

Students must follow these steps to complete their MHT CET 2025 registration:

Visit the Official Website - Go to cetcell.mahacet.org

New Registration - Create an account with a valid email ID and mobile number.

Fill Application Form - Enter personal, academic, and contact details.

Upload Documents - Upload scanned images of photograph, signature, and category certificate (if applicable).

Pay the Application Fee - Complete payment using net banking, credit/debit card, or UPI.

Submit the Form - Verify details and submit the application.

MHT CET 2025 Eligibility Criteria

To apply for MHT CET 2025, candidates must meet the following criteria:

Nationality: Indian citizens

Educational Qualification: Must have passed Class 12 or equivalent with Physics, Chemistry, and Mathematics/Biology

Minimum Marks: General category - 45%; Reserved category - 40%

Domicile Requirement: Maharashtra domicile candidates are preferred, but others can apply with valid JEE scores.

Exam Pattern & Syllabus

The MHT CET 2025 exam consists of multiple-choice questions (MCQs) with a focus on the Maharashtra State Board syllabus.

Paper 1: Mathematics (50 Questions)

Paper 2: Physics (50 Questions) + Chemistry (50 Questions)

Paper 3: Biology (100 Questions) – for pharmacy and agriculture courses

Total Marks: 200

Duration: 180 minutes (Each paper)

Marking Scheme: No negative marking

The syllabus includes 20% weightage from Class 11 and 80% weightage from Class 12 topics.

Preparation Tips for MHT CET 2025

Focus on NCERT textbooks and state board syllabus.

Solve previous years’ question papers to understand the exam pattern.

Take mock tests to improve speed and accuracy.

Prepare short notes for quick revision before the exam.

MHT CET 2025 Admit Card & Result Date

Admit Card Release: April 2025

Exam Date: April - May 2025

Result Announcement: June 2025

Conclusion

MHT CET 2025 is a crucial exam for students aspiring to pursue engineering, pharmacy, and agriculture courses in Maharashtra. Candidates should stay updated on the official website for announcements regarding registration dates, exam schedule, and eligibility criteria​

For the latest updates, visit the official MHT CET website.

[specialchan]

Power REIT -- Deep dive analysis via /r/weedstocks

Power REIT -- Deep dive analysis

Power REIT is a real estate trust with investments in solar, rail road, and newly in medical cannabis greenhouses.

Thesis: Power REIT (PW) is the best way to invest in the cannabis area without the traditionally binary hit or miss nature of emerging industries. PW is anchored by a portfolio of traditional properties allowing it to more safely and at lower cost invest in cannabis assets. PW earns a return on invested capital (ROIC) in great excess of the cost of capital. Return of 12%-19% in new properties, recently issued bonds at 4.62%. PW is under valued despite a seemingly rich market price because of probable massive increase in revenue, earnings, and funds from operation (FFO). The margin of safety is significant.

Significant Assets: 6 Controlled Environment Agriculture greenhouse facilities aggregating over 131,00 square feet 7 solar farm ground leases totaling 601 acres 112 miles of railroad property Approx. $10 mil. cash

Significant Liabilities: Approx. $24 mil. Long term debt at interest rates less than or equal to 5% Major debt: $15,500,000 at 4.62% fully amortizing, maturing in 2054 Maturities as follows: 2021 $635,502 2022 $675,374 2023 $1,168,297 2024 $715,777 2025+ $21,208,698 Preferred stock: 144,636 shares of 7.75% Cumulative Redeemable Perpetual Preferred Stock, at $25.

General info: Power REIT is currently pursuing investment in what they call controlled environment agriculture or CEA, essentially greenhouses. PW seeks out strictly medical cannabis producers who for whatever reason need additional financing, they then purchase the real estate they own and lease it back to them, and at times help with financing of construction. PW is one of the few ways for cannabis producing companies to get any sort of financing as federally it is still illegal and banks are weary. This gives PW lots of negotiating power in deal making, and that is why they can for example, buy and finance a 5.2 acre CEA property in southern Colorado for around $1 Mil. and get a straight lined rent of $192,000 equating to around a 19% FFO yield.

These properties and tenants are of greater quality than the typical cannabis operation, remember they require tenants to maintain a medical cannabis producers license in the lease. That is a key for PW, this is not a speculative cannabis play that is dependent on federal legalization, on the contrary, a lease they have in a Maine property includes the clause that states that "After the deferred-rent period, rent is structured to provide a 12.9% return based on the original invested capital amount with annual rent increases of 3% rate per annum. At any time after year six, if cannabis is legalized at the federal level, the rent will be readjusted down to an amount equal to a 9% return on the original invested capital amount and will increase at a 3% rate per annum based on a starting date of the start of year seven." PW is partly a play against the federal legalization.

On the topic of debt. A company with a market cap of under $50 mil with about $24 mil in debt might seem a little risky, but here is where the stability from the solar and rail assets comes in. Their existing FFO from those two asset classes is a little over $1 mil while the debt payments with exception of 2023 don't exceed $1 mil for the foreseeable future. So as long as they don't issue new debt in an uncharacteristically bad way PW will have no solvency issues.

Management. Management is skill-full. The CEO David Lesser is pretty much for all intents and purposes the whole company, he is the sole full time employee. He is excellent in terms of real estate expertise. It is very clear he knows his stuff. He has a long history in real estate and more specifically in renewable/clean energy real estate. Lesser is also the chairman of the board, and the largest shareholder. He gets paid exclusively in various forms of equity. His interests are aligned with owners interests. Insider ownership is around 30%, very high for a REIT.

Lesser is also key on avoiding share dilution as stated, and in practice unlike many REITs. There have been no share dilutions besides management's compensation plan. The major recent financing was the 2019 bond issuance.

Relative Pricing For this section I will refer to Innovative Industrial Properties (IIPR) another publicly listed REIT that invests in cannabis assets. IIPR invests in a wider range of assets like retail not just CEA. I am much more suspicious of IIPR's real estate and management. There have been many questions raised about the quality of real estate and solvency of tenants. The CEO seems sleazy and they constantly dilute shareholders. I think PW is superior in terms of intangibles and tangibles. IIPR is PW only publicly traded comparable.

IIPR has grown FFO per share 133% for the MRQ YoY. PW has grown FFO per share 107% over the same time. PW only started investing in high return CEA in late 2019, and engage in more conservative financing, so the difference in growth rates is marginal.

IIPR is currently being priced at around 19.1 times forward 12 months FFO. PW is priced at only 14 times forward 12 months FFO. (If management's most basic expectations are met) In terms of relative price PW, if it sold at the 19.1 multiple it would be selling for $32.4 which I still think could yield an above market rate of return over time.

Valuation I believe PW to be the type of business that the market undervalues because of high uncertainty but low risk. The high uncertainty comes from not knowing how much management will want to grow and raise capital, will management continue to use safe amounts of leverage, will new financing options become available to cannabis companies etc. The low risk comes from the fact that PW has very low risk of going to 0 or even decreasing substantially in share price because of the current safety in investment return and diversification. I'll put a floor as to what I think a low risk price is. Let's say base case scenario over the next year PW invests the existing $10 mil. in cash at a yield of 12.5% (below the usual yield of around 18%), doesn't raise any additional capital, and lease payments are collected and debts paid as scheduled. PW FFO per share would be about $0.45 per quarter. If they trade at an P/FFO multiple of 20 (PW currently trades at 27) that makes the price $36 per share. However, I do think capital will be raised, management has expressed interest in doing so. In that case the strong ROIC and high cash flow would give PW a high ceiling to grow as far as macroeconomic and market conditions allow.

Catalyst

Share price increases when new real estate acquisitions are announced. Eventual dividend. PW currently pays no dividend because the preferred has satisfied the REIT return of capital requirement recently, however with income rising 100%. It is likely a dividend will be coming soon and that will attract more attention. Continued performance and time.

Submitted August 11, 2020 at 04:37PM by DryReading0 via reddit https://ift.tt/31HjOOC

[marketresearchlove-blog]

Thawing System Market is Driven by Technological Advancements in Sample Thawing Devices

Thawing System Market Scenario

According to Data Bridge Market Research the thawing system market is attaining a significant growth in developing economies during the forecast period of 2018-2025 due to factors such as rising number of road accidents and trauma cases, rising applications of cancer treatment, surging levels of investment for the development of advanced and technical products which will help in boosting the growth of the market.

Now the question is which are the other regions that thawing system market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific thawing system market and the market leaders targeting China, India and Japan to be their next revenue pockets for 2020. The Data bridge market research new reports highlight the major growth factors and opportunities in the thawing system market.

Request for sample@https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-thawing-system-market

Thawing System Market Development

·         In February 2020, FreMon Scientific announced the clearance of ZipThaw for frozen plasma thawing as a Class II medical device from the U.S. Food and Drug Administration (FDA) which helps in delivering plasma to patients require transfusions while provide accurate as well as degree by degree measurement during the thawing process.

Scope of the Thawing System Market

Thawing system market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

·         All country based analysis of the thawing system market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into manual systems and automated systems. Based on sample type, the market is segmented into blood, semen, ovum, embryo and others. Based on end-users, the market is segmented into hospitals, blood bank & transfusion center, research & academic institutes, tissue bank, biotechnology & pharmaceutical companies, and diagnostic laboratories.  

·         Thawing systems are used for defrosting biological samples such as stem cells, plasma, platelets in diagnostic centers, biobanks, whole blood & RBC, pharmaceutical companies, and biotechnology. Rising usage of this system in the treatment of diabetes and cancer will raise the growth of the market.

speak-to-analyst@https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-thawing-system-market

Key Pointers Covered in the Thawing System Market Industry Trends and Forecast to 2025

·         Market Size

·         Market New Sales Volumes

·         Market Replacement Sales Volumes

·         Market Installed Base

·         Market By Brands

·         Market Procedure Volumes

·         Market Product Price Analysis

·         Market Healthcare Outcomes

·         Market Cost of Care Analysis

·         Market Regulatory Framework and Changes

·         Market Prices and Reimbursement Analysis

·         Market Shares in Different Regions

·         Recent Developments for Market Competitors

·         Market Upcoming Applications

·         Market Innovators Study

Key Market Competitors Covered in the report

·         Helmer Scientific

·         Boekel Scientific

·         Barkey GmbH & Co. KG

·         SARSTEDT AG & Co

·         BioCision

·         Cardinal Health

·         GE Healthcare

·         Thermo Fisher Scientific Inc

·         CytoTherm

·         Bioline India

·         EQUITEC TMC GROUP

·         LABCOLD

RequestforToc@https://www.databridgemarketresearch.com/toc/?dbmr=global-thawing-system-market

Thawing System Market Size, Status and Forecast 2018 – 2025

1 Market Overview

2 Manufacturers Profiles            

3   Thawing System Sales, Revenue, Market Share and Competition by Manufacturer

4   Thawing System Market Analysis by Regions

5 North America  Thawing System by Countries

6 Europe  Thawing System by Countries

7 Asia-Pacific  Thawing System by Countries

8 South America  Thawing System by Countries

9 Middle East and Africa  Thawing System by Countries

10   Thawing System Market Segment by Type

11   Thawing System Market Segment by Application

12  Thawing System Market Forecast

13 Sales Channel, Distributors, Traders and Dealers

14 Research Findings and Conclusion

15 Appendixes

 Research Methodology:  Thawing System Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement,  versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

·         Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.

·         Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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Unclean coal: Inside the fight over Eskoms coal power plant

Analysis

Eskom’s plans to decommission its old coal-powered fleet of stations is going to get dirty. Decommissioning them involves shutting them down forever – something Eskom cannot afford to do now. But the plants cannot live forever.

During a press conference this week to address Eskom’s load shedding crisis, Eskom’s chief operating officer Jan Oberholtzer said that there were 11 units that have been closed across three of Eskom’s older plants, Hendrina, Grootvlei and Komati.

On the sidelines of the press conference, Eskom’s demand management senior general manager Andrew Etzinger confirmed that Eskom was not planning to decommission any plants at this stage. He said that Eskom was reviewing the business case for reopening one of the 11 units, as well as the case for keeping online a twelfth unit that was due to be shut down in May.

READ: Eskom starts shutting down old coal power plants

Eskom isn’t anticipating massive job shedding all in one go, as the process is happening incrementally, and for now, workers at the affected stations are still at work. Workers are being encouraged to apply for jobs at other stations, however. While Eskom is not denying that this process is underway, it is not making a song and dance of it, either.

The power utility is in the midst of a crisis, having had to load shed at stage 4 for several days over the last week and a half. At the press conference, Eskom’s leaders could give no assurances that load shedding would end any time soon.

Eskom’s board chairperson Jabu Mabuza said this week that it was considering stopping construction at its new power stations, Medupi and Kusile, which are years overdue and millions over budget, to save costs. Units in operation at these plants have been tripping regularly.

Plan for Medupi and Ingula stations will be known by month end, says Eskom internal memohttps://t.co/pVobuQq58G pic.twitter.com/8193rhAwKG

— Fin24 (@Fin24) March 21, 2019

At its older stations, seven units were down last week because of boiler tube leaks.

On average, half of its coal-powered fleet is over 37 years old. Units at these plants have been “falling over”, Mabuza said, owing to the slashing of maintenance spend on them in the last several years.

But even if the situation at these older stations were not as dire, their age, combined with Eskom’s plans to eventually wean the economy off of coal as part of its moves towards using cleaner energy sources, means they will have to close.

Until now, there has been little clarity on how this process will happen. It has filtered down to people living and working at these stations, and Eskom is facing protest action come election time if it does not address the situation.

READ: South Africa must end its coal habit. But it’s at odds about when and how

There have been calls from activists and unions for Eskom to come clean about its decommissioning plans, and for it to have proper social and labour plans in place. The draft 2018 Integrated Resource Plan makes it clear that Eskom has not calculated any of the social costs of turning off its coal-powered fleet.

And its decommissioning schedule does not appear to line up with what it is saying in public, and what workers on the ground know.

Hendrina

“We are waiting for this town to die,” says a shop owner at Pullens Hope, home to Eskom’s Hendrina power station.

The road towards the station is paved with good intentions. The plant at the end of it, and the Optimum mine adjacent to it, were supposed to provide work here and cheap power to South Africa.

All that is changing.

Bobby Peek, director of environmental justice non-profit groundWork, looks around grimly and announces, “Welcome to your first ‘transition’ town. This place is f***ed in a year.”

The organisation has been engaging with communities affected by coal plant closures to agitate for proper plans to be put in place so that these places do not collapse when the plants are switched off. 

(Bobby Peek from groundWork has been campaigning for a “just transition” from coal to renewables. Pic: News24 archives)

It is this transition from coal to renewables, and calls for the transition to be “just”, that a group of activists and researchers are in Mpumalanga to observe.

There is a firm belief among some workers that the life of the station and the mine can be extended if Eskom wants to do it. They say there will be protests come election time if the plant closures are still on the cards.

Peek tells the group that it is no longer a question of if, but when, the plants will close. He says they must start organising to make sure there is a clear plan in place that takes them into account when that day arrives.

It is apparent from the looks on their faces that this reality has not yet hit home.

The old conveyor belt that used to supply coal to Hendrina is idle. The equipment is eerily turning red with rust among the overgrown yellow grass. Meanwhile, some workers at the Hendrina power plant have been told that Eskom will start decommissioning it in 2025. Things look bleak.

It’s the beginning of March, and the mine is still under business rescue, although it will resume operations before the month is over.

Optimum Coal Mine to resume supply to Eskom after securing R1bn funding https://t.co/g8Q3PfdOjE

— Business Report (@busrep) March 20, 2019

But for now, “No jobs,” says the sign at the gate.

This town is a victim of two forces: corruption on the one hand, and South Africa’s slow transition away from coal on the other. Not only are the units at Hendrina closing, and the plant will inevitably close altogether, but Pullens Hope is also state capture ground zero. This is where the Guptas took ownership of Optimum under controversial circumstances, and allegedly supplied Hendrina with such poor quality coal that it damaged the power station’s boilers, according to a former employee at the mine.

It’s just after midday, and a shop steward stumbles by, slightly drunk. Hardly anyone is at work.

A just transition

This “just transition” is a buzz word used by everyone who talks about coal, including Eskom’s board chair Jabu Mabuza who addressed the media on the load shedding crisis this week. But whether South Africa’s transition will be “just” is an open question.

In its report, Coal Kills, groundWork says: “A just transition must be for everyone, but we believe it starts on the coal fields. Workers and local communities carried the costs of the creation of the coal-based economy. They should not have to carry the cost of the transition away from coal. A just transition must be a public initiative driven by communities and workers and supported by government.”

The World Bank agrees. In a 2018 report, it says that a “just transition” means early engagement with affected communities, with strong social assistance programmes and government taking the lead in doing this.

Ageing fleet

Driving through Mpumalanga, where most of Eskom’s coal powered fleet is based, is like going on a power station-spotting safari. Upturned earth from coal mines and the huge cooling towers are almost as common as game in these parts. Even bigger grey ash dumps from the stations themselves appear like giant raised rugby fields, as the road curves.

These towers are disappearing in countries like Germany, which will shut down all of its 84 coal powered stations by 2038.

Two of Eskom’s coal-powered fleet are older than 50 years old – that’s a decade or two more than the average shelf life of a plant. A further three are fast approaching their half century, and others are not far behind.

They are simply too old, too unreliable, and too expensive to maintain. And they are environmentally disastrous.

South Africa’s energy mix plan envisages a healthy role to be played by renewables, but the bulk of our electricity will still come from coal for some time.

READ: Eskom is not closing its own coal plants for IPPs, says Radebe

Over time, the plants will be decommissioned, but Eskom isn’t going to do that now. Some experts would argue that this approach is reasonable because Eskom does not have the money to start decommissioning plants.

But a report by Meridian Economics in November 2017 calculated that Eskom could save R15bn – R17bn by decommissioning Grootvlei, Hendrina and Komati and not completing units 5 and 6 at Kusile, without affecting supply.

“Renewable energy resources now provide the cheapest source of energy on a new build basis, and will soon be cheaper than running many existing coal stations,” the report says.

But the social and labour costs of closing these stations will be high. Workers will have to be given the opportunity to be reskilled and relocated. There will be claims for compensation.

Eskom will undoubtedly face massive push back from unions. The National Union of Metalworkers of South Africa (Numsa) said eight to 10 plants have been targeted for decommissioning – something that might be true on paper but is not on the cards for now.

Any considerations for the 100 THOUSAND jobs which are to be lost becos of corrupt IPP? Our demand is for a renewable energy program which is owned & controlled by the working class and is for their benefit. IPP’s will NOT curb climate change.#DownWithIPP#BuildSocialismToday https://t.co/Ft51vLJKLN

— NUMSA (@Numsa_Media) March 17, 2019

It has the right information about which units are currently closed, however.

Numsa says Eskom is lying when it says that the plants have reached the end of their lives, and says efforts to replace the energy lost from these stations with energy produced by independent power producers (IPP)s is a plot to privatise the country’s energy sector.

The National Union of Mineworkers’ (NUM) national energy coordinator, Paris Mashego, told News24 this week that there are no plans in place for workers who will be affected by the decommissioning process, except that they are encouraged to apply to work at other stations.

READ: IPPs did not cause job losses in coal sector – Radebe

He said the unions were given a decommissioning plan of sorts by Eskom in mid-2018, but that it is no longer relevant.

By delaying decommissioning the older plants, is Eskom simply kicking this ball further and further down the road?

Very few would disagree with Numsa’s concerns that closing the plants will turn their surrounding areas into ghost towns. In Pullens Hope, people worry that no one will buy their homes should they have to relocate, because there will be nothing left in the town worth moving there for.

In Germany, a researcher says, workers who survived the transition away from coal were able to secure gains from government early – options of early retirement, compensation and options to reskill. In South Africa, this conversation has barely begun.

The post Unclean coal: Inside the fight over Eskoms coal power plant appeared first on TheFeedPost.

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