#global factor investing study

[searchsystem]

Browns / Invesco / Global Factor Investing Study / Report / 2016

[happigreens]

Fair Trade

By going beyond accreditation practices, consumers and companies can reach those at the bottom of the global social production ladder. Nonetheless, these efforts require purchasers to take personal responsibility for their impact, rather than relying solely on certifications. Simply by being more thoughtful and ethical in our sourcing practices, we have a huge opportunity to create brighter futures for all people and their families throughout the supply chain.

https://borgenproject.org/fair-trade-product-markets/

Despite many well-intentioned consumer attitudes, fair trade product markets frequently feature marketing strategies that conjure up imperialistic images [...]

[...] In products marked as fair trade, the certification might only apply to the product’s raw materials, rather than the full process of production. [...] A 2014 study theorizes that these practices are somewhat effective, “although on a comparatively modest scale relative to the size of national economies"

Social Media conversations about Fair Trade Practices:

[From user seriousxdelirium] - Like almost all other labels for coffee, it's absolutely useless. It only applies to growers large enough to afford the fees, and is not regulated well enough to make meaningful impact on the industry. If you really care about this sort of thing, do some research and develop an understanding of what you think a fair price is for farmers, and ask roasters what they paid for that coffee. Most good roasters are willing to be transparent about that sort of thing, and even publish transparency reports where you get a breakdown of the entire transaction.

From user Ramakrishna Surathu:

[...] Here are some reasons why fair trade may not always be as fair as it seems [...]

1. Market Access and Power Imbalances: Fair trade initiatives often focus on small-scale producers in developing countries, who may face challenges in accessing global markets and negotiating fair prices. Power imbalances within supply chains, influenced by factors such as geography, politics, and market dynamics, can limit the ability of producers to fully benefit from fair trade practices.

2. Certification Costs and Barriers: Obtaining fair trade certification can be costly and time-consuming for producers, particularly small-scale farmers and artisans with limited resources. Certification fees, auditing expenses, and compliance with standards may pose financial barriers and administrative burdens, leading some producers to forego certification altogether.

3. Limited Impact on Poverty Alleviation: While fair trade aims to reduce poverty and improve livelihoods, its impact may be limited by systemic barriers and structural inequalities. Addressing poverty requires broader social, economic, and political interventions beyond the scope of fair trade alone, such as access to education, healthcare, land rights, and infrastructure.

4. Market Volatility and Price Instability: Fair trade prices are often based on predetermined minimums, which may not fully reflect fluctuations in global market prices. Producers may be exposed to market volatility and fluctuations in demand, which can impact their income and livelihoods, particularly in commodity markets subject to price instability.

5. Complexity of Supply Chains: Fair trade supply chains can be complex and challenging to navigate, especially in regions with limited infrastructure and logistical challenges. Ensuring compliance with fair trade standards, maintaining transparency, and traceability throughout the supply chain can require significant investment in monitoring and management systems.

[...] Some manufacturers also use tricks. For example, some products do not explain exactly which part of a product was produced fairly. Another trick is to increase the percentage of "fair" ingredients by subtracting out the water content. The credibility is of course "fair watered".

[...] The statement here should not be that fair trade is useless, but one should always question things or understand them better and not just be blindly guided by seals in the purchase decision. Since this works so well, manufacturers like to use such seals or make one up themselves.

[...] rather than cutting out the middle man, and offering farmers a more direct compensation for their work, Fair Trade still facilitates a level of bureaucracy that supports an uneven distribution of revenue.

[...] The price point that separates Fair Trade produce from the rest of the market is often significant enough that lower-income households cannot afford to budget for it. This means that Fair Trade cannot reach mass markets in a way that would really effect wide-scale change, and instead serves as a token gesture to alleviate the guilt of middle-class consumers.

[...] [premium pricing coffee] is a worthy move if the coffee is of a high quality, but if it is not of sufficient quality to merit this price tag, then it risks turning consumers away from Fair Trade produce, and further impeding its reach to mass markets [...]

Fair Trade is a concept worth embracing, but first it must prioritize effective and transparent processes of production and distribution. What Fair Trade aims to achieve is admirable, but what it could potentially achieve is far greater [...]

[metamatar]

two positions on effective nuclear power advocacy

1. everytime there's an attempt to build a nuclear plant in india there are mass local protests which get locked into cycles of state repression due to fear of meltdowns. that's actually also the case with building dams (narmada bachao), large mining projects (vedanta) and expansion of coal plants (thermal power plants in assam/tamil nadu.) dam opposition is actually the most powerful environmental force in the country.

people are right to believe that they will be uprooted from their lives and that they will not be adequately protected in the case of failures which is borne out by the the bhopal gas tragedy or sterlite gas leaks. nobody wants to live near these plants. so inevitably it is the world's most marginalised people who end up living near them. look at the data on land conflict watch regarding industrial land use and acquisition for power.

outside the comfortably stupid german green party caricature there are actually people with serious concerns about nuclear power. long term investments and public trust can only occur when energy prices decrease and plants operate reasonably safely. prices of nuclear hover around ₹4 per unit while solar is ₹2 per unit in india. and it is a lie to pretend global nuclear retrenchment happened due to a conspiracy by oil/gas instead of the extremely expensive price of failure at fukushima (200 billion usd or so.) westinghouse went broke. pretending nuclear waste is the concern and not meltdowns is missing the forest for the trees.

2. i think we need to recognise the way the Non Proliferation Treaties choke civilian nuclear power while not making any commitment to long term disarmament in nuclear states rather than berating people with misgivings about meltdowns. rn, nuclear security for me and not for thee is its basic principle. the Nuclear Suppliers Group has not approved membership for india because it remains a useful tool of superpower gamesmanship.

lack of nuclear fuel means most existing nuclear power plants in india run at 60% capacity because we don't have that much uranium and have to import it and widely available thorium requires breeding which is technologically and economically infeasible. technology sharing is obviously very difficult when you're not in the NSG.

the US betrayal of iran after their deal was struck is the other obvious roadblock to building nuclear capacity in the third world. restricting nuclear tech is another way that imperial noose seeks to maintain control of states trying to unseat themselves from domination. it is not actually a surprise that north korea continues to pursue a weapons programme because deterrence works. and ukraine, of the three countries that disarmed because of the NPT is currently being invaded. you either subsume to China/Russia/US for defence or you just don't get to have nuclear energy which is not the position of a world that wants nuclear energy.

[tomorrowusa]

An 80% jump in cancer rates should be cause for alarm. Public health authorities around the world should be focusing more on this problem.

Global cases of early onset cancer increased from 1.82 million in 1990 to 3.26 million in 2019, while cancer deaths of adults in their 40s, 30s or younger grew by 27%. More than a million under-50s a year are now dying of cancer, the research reveals. Experts are still in the early stages of understanding the reasons behind the rise in cases. The authors of the study, published in BMJ Oncology, say poor diets, alcohol and tobacco use, physical inactivity and obesity are likely to be among the factors. “Since 1990, the incidence and deaths of early onset cancers have substantially increased globally,” the report says. “Encouraging a healthy lifestyle, including a healthy diet, the restriction of tobacco and alcohol consumption and appropriate outdoor activity, could reduce the burden of early onset cancer.”

Specifically, they are looking at people in the 14 to 49 age group. A disproportionate amount of this spike in cancer can be traced to consumption.

They looked at new cases, deaths, health consequences and contributory risk factors for all those aged 14 to 49 to estimate changes between 1990 and 2019. In 2019, new cancer diagnoses among under-50s totalled 3.26 million, an increase of 79% on the 1990 figure. Breast cancer accounted for the largest number of cases and associated deaths, at 13.7 and 3.5 for every 100,000 of the global population respectively. Cases of early onset windpipe and prostate cancers rose the fastest between 1990 and 2019, with estimated annual percentage changes of 2.28% and 2.23% respectively. At the other end of the spectrum, cases of early onset liver cancer fell by an estimated 2.88% a year. A total of 1.06 million under-50s died of cancer in 2019, an increase of 27% on the 1990 figure. After breast cancer, the highest death tolls were linked to windpipe, lung, stomach and bowel cancers. The steepest increases in deaths were among people with kidney or ovarian cancer. The highest rates of early onset cancers in 2019 were in North America, Oceania and western Europe. Low- and middle-income countries were also affected, and the highest death rates among under-50s were in Oceania, eastern Europe and central Asia.

We can't do anything about our genes, but there's a lot we can do about what we put into our bodies.

Genetic factors are likely to have a role, the researchers said. But diets high in red meat and salt and low in fruit and milk, along with alcohol and tobacco use, are the main risk factors underlying the most common cancers among under-50s, with physical inactivity, excess weight and high blood sugar contributory factors, the data indicates. [ ... ] “If people are concerned about their cancer risk, there are lots of ways to help reduce this such as not smoking, maintaining a balanced diet, getting plenty of exercise and staying safe in the sun.”

I would add that eliminating or substantially reducing meat consumption is not just good for our bodies but also good for our planet. 🌎

As for exercise, too many people associate it with joining gyms or investing in Peloton equipment. For most people, all that's necessary is to fit more physical activity into everyday routines. Regularly walking or cycling (when possible) instead of relying on motor vehicles can provide a boost to overall health.

Of course affordable healthcare is essential. Medical professionals can advise us and detect conditions which can be treated before becoming serious.

[gearsandbranches]

Global Climate Strike - What I´ve got to say

I thought I´d share the speech that I made today at my city´s climate strike. It went quite well and I hope that in this way I can reach a few more people. :)

Hello and thank you all for coming! My name is Sam, I´m here with and on behalf of Klimatstudenterna, a student association at the university.

When I joined the association, it was out of a desire to meet people who think like me and who care as much about this planet and its incredible, unique nature as I do. I grew up in the alps and I´m spending a lot of time biking, hiking, kayaking, trekking, and diving through this diverse and awe-inspiring wonderland that we call home. But I´ve also been aware of its problems since the age of seven, and now that I´m studying environmental engineering, I´m closer to the gruesome reality that we face than ever before.

We are living in a time of change, and time to change the direction in which we are going is running short. However, today I don´t want to focus on all the negative effects that we are having on this planet, but to offer a change of perspective.

 For most of humanity´s existence, we´ve been at nature´s mercy. At the mercy of the weather, of bad harvests, of the seasons and the animals that competed with us for food and shelter. All of that has changed within less than two centuries. Scientists have declared that the stable period that allowed us to become what we are today, has ended. The Holocene, the geographical age that we´ve been living in for the past 10.000 years, has ended, and we have entered the Anthropocene, the age of humans. Because we are the factor with the greatest influence on planet earth. That is a scary thought. We are no longer cradled within the embrace of the big wide world, the world is depending on our decisions to thrive. Or not to thrive, because this will not be the case for long. In a short few years, climate change will be the decisive factor that will change the face of the earth. We´ve sown wind, and we´ll harvest storm. Maybe more storm than we can take.

However, the window is still open to do something about that. We are in the age of the Anthropocene, and it is up to us to decide in which way we want to shape the planet. Do we want to exploit and deforest it? Or do we want to give that space back to the wilderness? Do we want to keep polluting the oceans with plastic, phosphorus and PFAS? Or do we want to protect and clean them, so our children will experience clear waters and abundant marine live, like our grandparents did. Do we want to be the destructors of this planet? Or its shepherds?

It is a great responsibility, and I don´t like the thought of humanity being this powerful, but it´s time to feel responsible  for all the living things out there, because it really is up to us. We have to decide if we want to be the shepherds or the destructors of this planet. We have to decide that as a species, as a country, as a region, as a commune, and also as individuals. Likewise, every bit of climate action is needed, global action as much as nationwide, regional, communal, and individual action. At the same time, because there is no time to dawdle and argue about who should fix it, EVERYONE should fix it, in their own way and capacity.

Be it biking to work, be it investing in clean energy. Be it voting in favor of the environment in the upcoming EU-election, and any other election, or be it voting in favor of the environment as a part of the EU-parliamen, or any other parliament. Be it making informed purchase decisions, or maybe not purchasing anything at all. Be it growing tomatoes on your balcony or turning your mass production pig farm into a mushroom farm. From parliaments to nursing homes and from work places to living rooms, there is something that everyone of us can do right now to fix this.

I want to be a shepherd of the earth.

What about you?

[mercurialbadger]

When we are talking about charity, there must exist a level of certain precaution to not let your emotional turmoil result in subpar actions. If empathy is a natural response to seeing people in pain, then it makes sense to liken it to a kneejerk response, much different from a graceful strike of a soccer player.

Very often, personal face-to-face ingroup charity is used to displace the actual efforts at improving people's conditions, and if your organization lacks political oversight or a certain analytical capacity, you might have serving the community replaced with individual help which eventually accumulates every bias and/or ends up being co-opted by some cult.

I am seeing especially egregorious horrific examples of that on Twitter right now, so I will use them to illistrate a point that is otherwise too global and deep-rooted.

In order to understand how this approach does its harm, you need to understand cause and effect, past and future.

THE CAUSE

We are talking about a clique that talks about investing in trans community by helping homeless and/or unemployed trans women by "paying their bills" for some months before they "get up on their own legs". Thankfully, it's a US based clique, so a lot of sociological studies exist to demonstrate the current situation with trans rights.

Let's investigate the causes of queer people being unemployed and/or homeless. The obvious systemic cause is trans-/homophobia, which results in people losing their capabilities immediately after leaving their parents/coming out to them (see e.g. https://doi.org/gq37kh), or otherwise follows the patterns of stigmatization, exclusion and victimization. If we address more widespread political economy of this vulnerability in the USA, topics of mental health, such as PTSD burnout, substance abuse and sexual abuse - including significantly from within queer community - emerge as vulnerability categories (https://doi.org/ggsjt6). As for how inventive abuse from within "community" is, one might refer themselves to the concepts of "hot allostatic load" and "identity abuse" (https://doi.org/ggmdcd).

Failures of t4t ethos and "community short-circuit" also have been described as sources of chronic homelessness among queer youth (https://doi.org/mpx8).

One must be especially mindful of the fact that level of education is an important - if not the most important - predictive factor of queer homelessness, effects were described in depth by Rachel M. Schmitz in the dissertation work "ON THE STREET AND ON CAMPUS".

While the effects identified the author ascribes to better socioeconomical standing of college students majorly, author both identified " experiences of homelessness" as "uniting people through a shared sense of struggle and conflict", and notably gives credit to educational endeavor of academia as vastly superior to "street experience", and studies in countries with accessible education still identify low education level with risks of anxiety and depression. (https://doi.org/mpx3) (https://doi.org/mpx4)

As Negura notes, "Ultimately, the three concepts—‘social support’, ‘social capital’ and ‘social bonds’ — are complementary. These terms are used here to understand the same reality of mutual help amongst people, from different social perspectives."

CONSEQUENCES

The most recognized effect of homelessness is anxiety and depression. Recent works identify that both of these health effects are significantly resolved through providing housing, however meta-analysis of the works being done is very complicated by poor methodology of studies: short follow-up, making it impossible to judge the homelessness outcomes, and high group heterogeneity. (https://doi.org/mpxx)

Among the outcomes of homelessness specifically in queer people, "utopian thinking" is seen, in accordance with England, 2022, "an inevitable part of community responses: to improve the present it, it is necessary to look beyond the present and to an alternative in which queerness does not only survive, but is valued, celebrated and encouraged".

To a materialist that would mean death of the community as a utopianism-free endeavor, but it is not, however, it should be noted that imperfect solutions to the crisis provide fertile soil to these cognitive failures.

Actual observations of the long-lasting effects of experienced homelessness are, indeed, lacking, but so far there's no data that homelessness and unemployment actually have significant lasting damage in the queer population, nonetheless remaining the risk factor in their duration.

One, however, important effect of escaping and avoiding homelessness is resiliency. As Cronley, 2017 notes, "Rather than understanding how youth are surviving in extremely adverse environments, research applies socially normative models of behavior to their actions such that conclusions of deviancy and marginalization are inevitable" and "youth rely on informal social networks to survive on the street and that spirituality, mental health, and creativity are associated with improved coping". Once again we are drawn to connections to education systems within this approach.

And therefore we must remember establishment of education systems during historical cases.

PAST

Expansion of educational processes has long been demonstrated to be a driver of establishing new or maintaining old hegemony.

One might remember Huguenots, who existed both in France and in Netherlands. Often, for example in Van der Lem's "Eighty Years War", Erasmus of Rotherdam is remembered to be as a reason for catholics' loss in the region - humanism, moderateness and church reforms were indeed the ideas of his. It's not easy for me to believe, considering how Netherlands were absolute leaders in amount of exterminated heretics during the 1520-1540, therefore you cannot imagine the humanism and spirit of mercantile freedom helping very much.

But comparing the historical evidence between French Huguenot fighting and Netherlands' Huguenot fighting, one stark difference is seen immediately without even examining the evidence - it's the material amount of Evidence piled up.

Netherlands of XVI century was ultimately a literature-centric country: rational argument, presented with necessary charisma and efficiency, put into the easy epistolary style allowing for open discussion - all that erased the differences between catholics and protestants.

And using this positional leveling, protestants spent 10-20 years before, well, protesting with continuous work of printing press, while catholics of Netherlands continued, thinking themselves safe, sat complacent, only satisfying the demands of the already intellectual public.

Indeed, you can not let a worldly peasant work with biology, err, theology, lest they will be mistaken and fall into the tenets of sin themselves. A good example of this "Don't give the North Korean kids iGEM distribution" was dutch translation of La Bouclier de la Foy by Nicole Grenier, which the translator prefaced with an easy explanation that you should never actually argue with heretics, the priestly class knows best.

In France, enjoying the closeness of Rome, literacy was synonymous with military industry, err, Raytheon, wait, wrong, Catholic Church.

Of course it was literacy ultimately sympathetic to the plight of the layman, and easily putting itself into their shoes - «Les disputes de Guillot le porcher et de la Bergère de S. Denis en France contre Jehan Calvin prédicant de Genesve» is exactly about the lower classes destroying Kalvin himself with facts and logic.

And, like this, simply by virtue of being able to work with higher reasoning in lower genres, you can win the Hegemony.

The ultimate victory of feminism in 1917 also answers a lot about where did soviet feminists come from - from the intermediate spaces where people of higher class can interact as equals with people of lower class, without financial or institutional power relationship between them. An example is, of course Pavlov teaching women's courses and creating a whole host of women physiologists, actual hymnasia and schools, such as in Sonya Yanovskaya case.

Masonic secret societies, where jews could freely talk to christians and nobles mingles with commoner bourgeois were this driver in bourgeois revolutions, universities drove February and October revolution, and even in the USA the connectedness to high-socioeconomic status, what is called "bridging social capital" remains a primary predictor of success of people from oppressed groups. (https://doi.org/gqmpxx)

FUTURE

As such, I cannot see a way for personal charity - bonding social capital, excising queer people from support networks and from solidarity with marginalized, destructive to both people outside of it and to attempts to build a queer community — to be excused in modern conditions.

Build new platforms to, instead of elevating select voices, sing together.

[mariacallous]

It is incontestable that the well-being of today’s children and youth will determine the future of the planet. For young people to develop and thrive, sound investments must be made across multiple sectors including health, nutrition, social protection, and education. The COVID-19 pandemic has both hampered progress toward meeting the sustainable development goals (SDGs) related to children and youth and highlighted the interconnectedness across these sectors. Pandemic-related setbacks have been observed in child and youth-centered targets in several domains including health (SDG 3), education (SDG 4), gender equality (SDG 5), and economic growth (SDG 8). UNESCO estimates that there are 244 million children and youth out-of-school, and progress at lowering this rate had already stalled before the pandemic (Global Education Monitoring Report Team and UNESCO Institute for Statistics, 2022)1. In just three years, learning poverty jumped from an already unacceptable level of 57 percent of 10-year-olds in low- and middle-income countries unable to read and comprehend a simple text in 2019 to 70 percent in 2022 (World Bank et al., 2022). Further complicating this is the fact that of the $5 trillion spent yearly around the globe on education, a mere 0.5 percent is spent in low-income countries while two-thirds is spent in the wealthiest nations (UNESCO, n.d.). And while improvements have been made in child malnutrition since the beginning of the century, in 2022 nearly a quarter of children under 5 (22.3 percent) were stunted (UNICEF, 2023). Almost half of all deaths of children under five are due to malnutrition, and those that survive chronic malnutrition in their childhood can be impacted for life. Stunted children are less likely to achieve in school, have diminished ability to learn, and are less likely to attain formal employment (UNICEF, 2023; Oot et al., 2016).

To address the learning crisis and other challenges facing children and youth (those 15-24 years of age) it is critical for governments, multilateral and bilateral funders, other donors, and implementers to have a clear understanding of program costs and cost breakdowns to inform financing decisions. The World Bank pointedly notes that “countries should develop and cost evidence-based plans for achieving their learning goals and a road map for financing those plans” to improve outcomes (Arias and Kheyfets, 2023, emphasis added). Cost data are a critical component of cost-effectiveness analysis, which is imperative to ensuring the best use of limited resources. Indeed, cost data are needed for advocacy, budgeting and planning, and resource allocation in all sectors. While cost is not the only factor to consider, it is a critical one that is often overlooked due to such issues as a lack of accessible high-quality cost data, low capacity to conduct cost analysis, an aversion to transparency, or simply low prioritization of data collection and analysis. Several studies have shown that even at the highest levels, most evaluations of programs and initiatives do not include cost data analysis (Brown & Tanner, 2019; Velez, 2020).

For nearly a decade, the Center for Universal Education (CUE) at the Brookings Institution has led the Childhood Cost Data initiative, a research project focused on the collection, analysis, and use of cost data to increase the volume and quality of funding for programs targeting children and youth. The initiative’s end goal is to improve learning and life outcomes for the youngest generation through these advancements. As part of this initiative, Brookings developed the Childhood Cost Calculator (C3), intended to facilitate cost analysis. This study introduces C3, the tool’s various dimensions and functionalities, and presents learnings from three case studies from piloting the calculator in the 3 education or early childhood development (ECD) sectors in Cambodia, Ghana, and Honduras. It concludes with suggestions for a way forward that supports funders, implementers, and researchers to better use cost data to make strides in tackling the multiple crises facing children and youth today.

[raptormedia]

Best Business Practices:  Passion vs Emotion

Entrepreneurship is undoubtedly an exhilarating journey, brimming with opportunities for those brave enough to embark on it. However, the path to success in business is not a haphazard one; rather, it is paved with a set of principles that must be adhered to diligently. Ultimately, the measure of a company's triumph lies in the judgment rendered by its audience, as reflected in their purchasing decisions.

As both website developers and marketers, we have the privilege of witnessing the ebbs and flows of small businesses, discerning patterns that often forecast their fate. While numerous factors contribute to a company's prosperity or demise, there's often a discernible trajectory based on certain fundamentals. In this article, we aim to elucidate the dichotomy between Passion and Emotion within the realm of business models.

Passion and emotion are both formidable driving forces, yet they operate on distinct planes. Differentiating between the two is paramount for navigating the intricate landscape of business effectively.

Passion, characterized by a deep-seated enthusiasm and commitment, is often the catalyst that propels entrepreneurs forward, igniting innovation and perseverance in the face of challenges. It stems from a genuine love for the product, service, or cause that the business represents, driving individuals to invest time, energy, and resources wholeheartedly.

On the other hand, emotion, while also potent, can sometimes cloud judgment and lead to impulsive decision-making. Emotion-driven choices may be influenced by fear, insecurity, or ego, potentially veering the business off course. While passion fuels creativity and resilience, it must be tempered with rationality and strategic planning to ensure sustainable growth. Emotion, on the other hand, should be acknowledged and managed, rather than allowed to dictate critical business decisions.

Achieving the optimal balance between passion and emotion is essential for cultivating a thriving enterprise. It requires self-awareness, discipline, and a willingness to seek guidance when emotions threaten to overshadow sound judgment. Ultimately, businesses that harness the power of passion while mitigating the pitfalls of unchecked emotion are better equipped to weather storms and emerge stronger on the other side.

Transitioning from Theory to Reality: Case Studies

To illustrate the importance of balancing passion with pragmatism, let's explore some real-world examples of businesses that faced challenges or failed due to a lack of this balance:

Blockbuster vs. Netflix: Blockbuster, once a dominant force in the video rental industry, failed to adapt to changing consumer preferences and technological advancements. Despite its strong brand recognition and extensive network of stores, Blockbuster's leadership was hesitant to embrace the shift to online streaming and subscription-based models championed by companies like Netflix. Instead, fueled by emotional attachment to its traditional business model and physical storefronts, Blockbuster failed to innovate effectively, ultimately leading to its demise. In contrast, Netflix, driven by a passion for disrupting the entertainment industry and leveraging emerging technologies, revolutionized how people consume media, eclipsing Blockbuster and becoming a global powerhouse.

Kodak: Kodak, once synonymous with photography, fell victim to its reluctance to embrace digital technology. Despite being a pioneer in digital imaging research, Kodak's leadership was emotionally attached to its lucrative film business and underestimated the potential of digital photography. The company's failure to pivot decisively towards digital products and services, coupled with missed opportunities to capitalize on its patents, led to a decline in market relevance and eventual bankruptcy.

Toys "R" Us: The demise of Toys "R" Us serves as another example of a company that struggled to adapt to changing market dynamics. Faced with increasing competition from online retailers like Amazon and Walmart, Toys "R" Us was burdened by excessive debt and a lack of investment in e-commerce infrastructure. Despite its passionate commitment to providing a unique in-store shopping experience for children and families, the company's emotional attachment to its brick-and-mortar stores proved to be a hindrance rather than a strength. Ultimately, Toys "R" Us filed for bankruptcy and closed its doors, unable to compete effectively in the evolving retail landscape.

These examples underscore the importance of striking a balance between passion and pragmatism in business, as well as the perils of allowing emotional attachment to hinder strategic decision-making and adaptation to changing market conditions.

For strategic solutions that balance passion with pragmatism, consider Raptor Media's expertise in web development and digital marketing. Achieve your business objectives with Raptor’s support. Visit https://raptormedia.co to learn more.

#BusinessStrategy #DigitalMarketing #WebDevelopment #Entrepreneurship #Innovation #SuccessMindset #BrandGrowth #TechTrends #StartupLife #MarketAdaptation #StrategicPlanning #EcommerceSolutions #SEO #SocialMediaMarketing #UserExperience #WebsiteDesign #ContentMarketing #OnlineBusiness #BusinessDevelopment #CustomerEngagement #TechInnovation #BusinessTransformation #DigitalTransformation #CreativeThinking #AdaptAndOvercome

[kelvinwatertech]

Choose the Right Hydraulic Baling Press Machine For Your Metal Recycling Business

One of the most vital pieces of equipment in the scrap processing sector is the hydraulic baling press. The global economy, which is lurching towards becoming more circular, is being shaped by the scrap metal recycling sector. Businesses are learning how to recycle outdated equipment by utilizing modern technology. However, most firms still aren't aware of how to recycle their metal waste in an economical way.

In steel mills, the metal processing industry, and even the smelting industry, a hydraulic baling press has several uses. Balers assist in compacting huge amounts of recyclable material for simpler storage and transportation. In the case of industries that recycle metal, a baler can be used to extrude different metal scraps into bales, minimizing the amount of storage space and transportation expenses needed to dispose of waste metal. By maximizing the value of each bale, they also enable higher commodity values. Balers are typically used to crush recyclables such as cardboard, paper, plastic, and metal.

Before selecting a hydraulic baling press for their business operations, every business owner should take into account the following factors:

The Amount of Raw Material to be Baled

The amount of material that needs to be processed should be the primary consideration for the business owner when choosing the type of baling machine to buy. Every company is unique, and each produces stuff in varying quantities that must be processed. Before making a choice to purchase equipment, it is crucial to analyze the needs of the company. Based on their size and capacity, hydraulic baling presses are available in a variety of sizes and are priced differently. A corporation should be certain of the volume of material it plans to regularly process and recycle before investing in the machine. Overpaying for capacity that the company doesn't produce is not a good idea.

The lifespan of the Equipment

Durability is crucial since a hydraulic baling press can be used continuously for many hours to maximize production. The business owner must evaluate the needs and compare them to the machine's lifespan before making a purchase. When making a purchase, it's crucial to take into account elements like the equipment's durability, a warranty on part replacement, and a maintenance routine for the machine. Knowing about these issues might help firms plan their work and budgets to account for the equipment downtime.

Raw Material to be Processed

One of the primary determinants of the type of hydraulic baling press to be purchased is the type of material that will be compressed. The type of business and the type of trash that is recycled or disposed of have an impact on the equipment that is best for the organization. The company can recycle in an environmentally responsible and economically viable way by selecting the appropriate recycling equipment.

Safe Operation of Equipment by Staff

Heavy machineries like balers, which have numerous moving parts and crushing rams, must be handled with extreme caution. Two key factors that a business intending to buy balers should look at before making the purchase are the safety features of the equipment and the availability of employee training. The company ought to place a high premium on the working conditions of the personnel using this equipment. Companies must invest in training to help protect employees since safe equipment handling is essential to reducing workplace accidents.

Benefits of Hydraulic Baling Press Machine:

Reduces the cost of garbage disposal.

Offers a simpler recycling procedure that can contribute to creating a hassle-free and hygienic working environment. helps to generate extra revenue from processed garbage.

Facilitates the transit or storage of items

A firm can make the best purchase by first studying and comprehending its equipment requirements and by considering the opinions and recommendations of other business owners. They can use these techniques to locate the ideal hydraulic baling press for the task.

Triple Action Baling Machine | Plastic Baler | Baling Pres Machine | Hydraulic Baler | Automatic Baler | Baling Machine MFR

[ofthefog]

what is the global food supply issue you see with large-scale vegetarianism/veganism? We already move a lot of plant produce around the world.

Animal agriculture is tied directly to the industrial crop production, and taking out a pillar like this has far reaching consequences. That doesn't mean that it can't be done, but what I want from people advocating for a people to switch over to a vegan lifestyle is a set of concrete and material policy and actions that can be done such that you don't have to convince everyone of a particular set of morals to follow them.

For example, it is much easier to be vegetarian across vast swaths India that in siberia or the sahara. This isn't because the people are all that different, but rather traditional cuisine derives from what food is available where people live.

On the level of agriculture, not all land can sustain human edible crop growth. This is why things like nomadic pastoralism exist. Over a large land area with minimal vegetation, a ruminant can take inedible food and convert it to edible ones. This is also what sustains arctic hunting. Reindeer eat, aside from the usual vegetation, lichen for example.

While usually this gets couched as "cultural tradition" or whatever, the real problem with remote/indigenous communities switching over is that of food sovereignty, with secondary problems in logistics. Firstly, although internationally food shipping is actually very economically and environmentally effecient, in remote areas the "last mile" can be a whole lot more than a single mile. You can see the absurd level of prices for imported food and other goods in Alaska for example. When all food production comes from elsewhere, under a capitalist system the disparity will be milked for all it is worth. But there are ways around this, with their own set of externalities. Having a subsidy to reduce grocery prices, perhaps investing in infrastructure so that shipping is cheaper. Another way would be to incentivise people to live near more arable land.

I say all of these pull factors, because when it comes down to it, remote areas also have less force projection. Declaring hunting illegal means someone has to enforce that, when faced between a change like that, people will ignore legislation.

However, even if we do get people to relocate, this comes at the cost of integrating into a society that requires a very different set of skills. Even if we take someone that was doing subsistence farming, putting them into a different environment with different soil and different plants and pests takes time and therefore money to adjust to. Without a careful transition, that could mean having a class of people who are economically disadvantaged because of where they used to live.

But alright. Let's say that we accept these effects. This is not a population that is a majority of the globe so with policy it is possible to overcome. However, we need to touch on how industrial lines work on in arable lands.

Contrary to a statistic I've seen floating around, 86% of global livestock feed comes from food deemed not fit for human consumption. Some of this is coproducts from, say, soybean production, and others are grasses or sugercane scraps. That sort of thing. Only 13% is grain. I will link this study later because its very comprehensive and also tumblr hates showing links on first posting.

But anyway, without these inputs, we will have to find something to do with these agricultural byproducts. This isn't the end of the world, though. Being organic means that often these can be composted and such.

But perhaps the biggest problem is the lack of natural fertilisers from the manure. There are inorganic fertilisers which of course have been integral for feeding modern population sizes, but this is not a perfectly closed loop, meaning that over time we could reach peak fertiliser. Furthermore, thanks to a focus on increasing short term yield, soil quality is degrading from their use, and is slowly making arable land less capable of sustaining life. I can link some more here about that.

But that's not the only way that organic fertilisers can be made. Cities are famously full of shit. It is possible to treat sewage, firstly to retain water, but also to ship out to agricultural lands. This comes with its own challenges, as human waste more readily transfers diseases than animal waste does, and also contaminants from medications or other pollutants like mercury can build up over time, compared to animal sources. This is a technical problem, and not unreasonably difficult to overcome, though.

However, if we do that, that again leaves many animal product sellers without much of a business model and so resistant to change.

So how about those factory farms? A big problem is that as farms get larger and give, say, chickens less room to move around in and such, the feed conversion ratio improves. Factory farm broiler chickens have a FCR of 1.5 to 1.9, whereas backyard chickens could be anywhere from 2.5 to 4 or 5. This isn't a perfect comparison because often this is coming from grains in a factory farm, whereas a backyard type couls be fed kitchen scraps and insect forage. They can be helpful for reducing pests and fertilising local crops, as a part of the same system. This means that a switch away from animal products will result in less plant products.

Finally, there is the issue of nutrition. It is possible to have a healthy diet while vegan, but this requires a source of b12. This can be in the form of a supplement that has been synthesised, or it can be fortified into foods like cereal or milk substitutes. This comes with its own set of challenges, as we will have to vastly increase b12 production, and also deliver it. This can be changed by improving logistical lines again, naturally.

Just an addendun, I also want to point out that the reason why deforestation happens in the amazon is due to economic reasons rather than animal agriculture. Beef ranching is done because of its high export cost, but, although to a lesser extent, this is still done for cash crops. In order to improve this, we would have to affect the relative difference in power between local currencies. But climate policy is slightly tangential.

But that does bring up the question of future technology. Is lab grown meat something that could sidestep a lot of these issues, economic, nutritional, environmental, etc? I don't really know about what that entails. Maybe the effective altruist position for veganism is to fund biosynthesis companies.

Overall, I just want people to take a greater interest in the realities of food production if they want to make prescriptions for how it should be run. Of course, I don't think that the system is perfect as is. I have long talked about the soil quality problem. And I don't think grain feed is best, and that brazilian ranching is good. But things are not so simple. If the whole world was working in tandom it would still take decades, if not centuries, to transfer over to a vegan diet on a societal level.

[blueweave8]

Horizontal Directional Drilling Market Demand, Trends, Forecast 2022-2029

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Global Horizontal Directional Drilling Marketsize at USD 9.46 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects Global Horizontal Directional Drilling Marketsize to grow at a significant CAGR of 5.7% reaching a value of USD 13.21 billion by 2029. Major growth drivers for the Global Horizontal Directional Drilling Marketinclude the increasing adoption of HDD technology for precise and minimally invasive drilling operations. This technique facilitates the drilling and reverse reaming of pipes with precision, navigating through obstacles in the underground terrain while minimizing harm to ecosystems. Market expansion is further fueled by increasing investments in shale gas projects and the ongoing development of high-speed connectivity in the telecom industry. Notably, The global surge in oil and gas activities has spurred an increase in horizontal directional drilling (HDD) worldwide. Recognizing the environmental impact of conventional drilling methods, there is a growing emphasis on employing eco-friendly drilling technology, leading to the expansion of the Global Horizontal Directional Drilling Market. The horizontal directional drilling approach stands out for its precision and reduced power consumption compared to vertical maneuvering techniques. Another significant driving force is the rapid globalization and urbanization, fueled by the escalating energy and fuel demand in developing nations. This surge in demand is closely tied to ongoing infrastructure development, utility system construction, and advancements in the telecommunications sector, including 5G testing. These factors, along with related developments, are anticipated to contribute significantly to the market's swift growth during the forecast period. The increasing utilization of horizontal directional drilling products in surveying, designing, and installing subsurface electrical systems for subterranean cables further propels the expansion of the market. Also, the rising demand for natural gas and electricity distribution in middle and upper pipeline lines is expected to drive market growth. The use of horizontal directional drilling fasteners in utility, communications, and oil and gas industries offers benefits such as increased stability, enhanced device management, and improved treatment and monitoring outcomes. However, high costs and technical challenges are anticipated to restrain the overall market growth during the forecast period.

Impact of Escalating Geopolitical Tensions on Global Horizontal Directional Drilling Market

The Global Horizontal Directional Drilling Market has been significantly impacted by intensifying geopolitical disruptions in recent times. For instance, the ongoing Russia-Ukraine conflict has disrupted supply chains decreased service demand, and increased uncertainty for businesses. This turmoil extended to energy markets, causing turbulence due to Russia's significant role as a major gas supplier, resulting in noticeable price fluctuations. In addition, the sanctions imposed on Russia by the United States and other have had widespread implications, injecting a level of risk for investors across various sectors. Beyond the war zones and disputed areas, the ongoing crisis jeopardizes stability on a global scale. It becomes imperative for businesses and investors alike to comprehend and adeptly manage these interconnected challenges.

Despite the current challenges posed by geopolitical tensions, there are potential growth opportunities for the Global Horizontal Directional Drilling Market. The ongoing infrastructure projects, utility installations, and the continuous expansion of the telecommunications industry. This demand underscores the market's resilience. Emphasizing strategic adaptation is crucial in navigating these complex circumstances, ensuring sustained success amid global challenges and uncertainties.

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Global Horizontal Directional Drilling Market – By End User

On the basis of end user, the Global Horizontal Directional Drilling Market is divided into Oil & Gas Excavation, Utilities, and Telecommunication segments. The oil & gas excavation segment holds the highest share in the Global Horizontal Directional Drilling Market by end user. The existing and robust infrastructure generates a significant demand for drilling rigs, contributing to the predominant market position of the oil and gas excavation segment. Also, efforts to manage the increasing expenses linked to exploration and production endeavors in untapped regions are anticipated to strengthen the prominence of this segment. Meanwhile, the telecommunications segment holds the highest share in the Global Horizontal Directional Drilling Market. The increasing need for faster broadband access propels telecommunications operators to adopt advanced and reliable drilling services, including horizontal directional drilling. This method facilitates the expansion of optic fiber cable networks by deploying conduits and pipes through holes nearly 4 feet in diameter and 6,500 feet in length, particularly in offshore locations. The growing demand for 4G and 5G networks is expected to contribute significantly to the segment's growth throughout the forecast period.

Global Horizontal Directional Drilling Market – By Region

The in-depth research report on the Global Horizontal Directional Drilling Market covers various country-specific markets across five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America holds the highest share in the Global Horizontal Directional Drilling Market. According to the U.S. Energy Information Administration, liquid fuel consumption in 2022 was reported at 8.8 billion barrels per day. The growing prevalence of infrastructure and utility projects in North America is a key driver for the increased demand in horizontal directional drilling equipment and services. The Middle East and Africa (MEA) region emerged as the second-largest user of drilling services for oil and gas excavation activities.

Competitive Landscape

Major players operating in the Global Horizontal Directional Drilling Market include Baker Hughes Company, Barbco Inc., China Oilfield Services Limited, Ellingson Companies, Halliburton Company, Helmerich & Payne Inc., Herrenknecht AG, Nabors Industries Ltd, NOV Inc., Schlumberger Limited, The Toro Company, Vermeer Corporation, Weatherford International plc, Drillto Trenchless Co. Ltd, Laney Directional Drilling, Prime Drilling GmbH, XCMG Group, and TRACTO. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches

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[stock-123]

Navigating Market Volatility: Strategies for Success in Uncertain Times

Introduction:

In the tumultuous world of the stock market, where the only constant is change, navigating through periods of volatility is a skill every investor should hone. The ability to not only weather the storm but to thrive amidst uncertainty can define an investor's success. In this blog post, we'll delve into effective strategies to navigate market volatility, offering insights for both seasoned investors and those just starting their journey into the financial markets.

Understanding Market Volatility:

Market volatility is the ebb and flow of prices in the financial markets. It is driven by a myriad of factors, including economic indicators, geopolitical events, and market sentiment. To navigate through these turbulent times, investors must first understand the root causes of volatility. Exploring historical instances of volatility, such as the 2008 financial crisis or the dot-com bubble, provides valuable lessons on the impact of these events on the market.

Risk Management Techniques:

One of the cornerstones of successful investing in volatile markets is effective risk management. Diversification, the practice of spreading investments across different assets, can mitigate risks and protect your portfolio from sharp declines in any one sector. Additionally, employing stop-loss orders, predetermined sell orders triggered when a security reaches a specified price, can limit potential losses and preserve capital.

Investing vs. Trading:

Investors face the choice of adopting a long-term investment strategy or engaging in short-term trading to capitalize on market fluctuations. Aligning your approach with your financial goals and risk tolerance is crucial. Long-term investors often weather short-term volatility with the understanding that markets tend to trend upward over time. On the other hand, traders seek to profit from short-term price movements, requiring a different set of skills and strategies.

Opportunities Amidst Chaos:

While market volatility poses risks, it also presents opportunities for astute investors. Certain sectors or industries may perform well during turbulent times, such as healthcare or technology. Contrarian investing, the strategy of going against prevailing market sentiment, can lead to identifying undervalued opportunities in the midst of chaos. Additionally, distressed assets, those whose value has fallen significantly, may present profitable opportunities for those willing to take calculated risks.

Market Analysis Tools:

Investors have an array of tools at their disposal to analyze market conditions. Technical analysis involves studying price charts and indicators, while fundamental analysis assesses a company's financial health. Embracing these tools empowers investors to make informed decisions based on data rather than emotions. The integration of artificial intelligence and machine learning further enhances the precision and efficiency of market analysis.

Psychology of Trading:

Understanding the psychological aspects of trading is crucial during volatile times. Behavioral biases, such as fear and greed, can cloud judgment and lead to irrational decision-making. Maintaining emotional discipline and making rational decisions based on a well-thought-out strategy is paramount. Learning from the experiences of successful investors who have mastered the psychological aspects of trading can provide valuable insights.

Global Events and Market Impact:

Global events, from elections to economic crises and pandemics, can significantly impact the stock market. Staying informed about unfolding events and understanding their potential impact on the market allows investors to adapt their strategies accordingly. Historical examples, such as the market reactions to the Brexit vote or the COVID-19 pandemic, highlight the importance of being nimble and proactive in response to global events.

Case Studies:

Real-life case studies of investors or traders who navigated volatile markets successfully provide practical insights. Examining their strategies, challenges faced, and lessons learned offers a roadmap for others to follow. These case studies serve as valuable examples of adaptability, resilience, and strategic thinking during uncertain market conditions.

Conclusion:

In the ever-evolving landscape of the stock market, being well-prepared for volatility is a prerequisite for success. By understanding the causes of market fluctuations, employing effective risk management, and staying informed through market analysis tools and global events, investors can position themselves not just to survive but to thrive. Successful investing is a journey that requires continuous learning, adaptability, and the ability to seize opportunities amid the ever-changing market dynamics.

[sports-culture]

Why Football is Not Famous in India

India is a country known for its diverse culture, traditions, and a deep-rooted passion for sports. However, when it comes to football, a sport that enjoys immense global popularity, it hasn’t reached the same level of fame and recognition in India. Several factors contribute to the limited popularity of football in the country.

Cricket Dominance: Cricket has long been the dominant sport in India. The country’s obsession with cricket, driven by historical successes and an unending stream of cricketing idols, has left little room for other sports to flourish. The Indian Premier League (IPL) and the Indian national cricket team’s successes have only cemented cricket’s dominance in the sports landscape.

Lack of Infrastructure: Football requires significant investment in infrastructure, including stadiums, training facilities, and coaching academies. While cricket enjoys a well-developed infrastructure, football in India has struggled with inadequate facilities and poorly-maintained pitches, making it challenging for talent to thrive.

Limited Funding: In comparison to cricket, football in India receives limited funding. The Board of Control for Cricket in India (BCCI) is one of the wealthiest sports bodies globally, while the All India Football Federation (AIFF) faces financial constraints, which affects the development and promotion of the sport.

Scarcity of Role Models: Cricket in India boasts a plethora of iconic figures who serve as role models for aspiring athletes. Football, on the other hand, lacks such figures, which makes it harder for young talent to envision a successful career in the sport.

International Performance: The Indian national football team has struggled on the international stage, which has had a dampening effect on the sport’s popularity. Unlike cricket, where India has excelled in both the One Day and Test formats, football hasn’t experienced similar success, leading to a lack of public interest and investment.

Regional Differences: India’s vast regional diversity plays a role in the varying levels of popularity of football. While some regions, like West Bengal, Kerala, and Goa, have a strong football culture, other parts of the country remain relatively indifferent to the sport.

Lack of Grassroots Development: Grassroots development is crucial for nurturing young talent. Unfortunately, football in India has struggled to establish an effective grassroots system that can identify and develop promising players from a young age.

Lack of Marketing and Promotion: While the Indian Premier League (IPL) has set the gold standard for marketing and promotion, football leagues in India have not been as successful in this regard. A lack of effective promotion has hindered the growth of football as a spectator sport.

Competition from Other Sports: In addition to cricket, India has a thriving kabaddi league and a burgeoning interest in badminton and wrestling, which further reduces football’s share of the sporting audience.

Despite these challenges, there has been some growth in football’s popularity in India in recent years. The Indian Super League (ISL) has brought attention to the sport, and with continued investment, grassroots development, and a growing interest in European leagues, football may eventually see a rise in fame in India. However, it will likely take time and sustained effort to overcome the formidable dominance of cricket and other sporting interests in the country.

Find out a detailed case study on why football is not popular in India by clicking on the link.

[leviathangourmet]

As if there wasn't exhaustive enough evidence that "ESG" is nothing but a scam, the Financial Times was out this week with a piece detailing how many companies with good ESG scores pollute just as much as their lower-rated rivals.

Don't say we didn't warn you; we have been writing about the ESG con for years now, which along with other "sustainable" investments continues to see hundreds of billions of dollars in inflows from investors. 

The FT added to our skepticism by revealing this week that Scientific Beta, an index provider and consultancy, found that companies rated highly on ESG metrics - and even just the 'Environmental' variable alone - often pollute just as much as other companies. 

Researchers look at ESG scores from Moody’s, MSCI and Refinitiv when performing the analysis. They found that when the 'E' component was singled out, it led to a “substantial deterioration in green performance”.

Felix Goltz, research director at Scientific Beta told the Financial Times: “ESG ratings have little to no relation to carbon intensity, even when considering only the environmental pillar of these ratings. It doesn’t seem that people have actually looked at [the correlations]. They are surprisingly low.”

He added: "The carbon intensity reduction of green [ie low carbon intensity] portfolios can be effectively cancelled out by adding ESG objectives."

“On average, social and governance scores more than completely reversed the carbon reduction objective,” he continued. “It can very well be that a high-emitting firm is very good at governance or employee satisfaction. There is no strong relationship between employee satisfaction or any of these things and carbon intensity."

“Even the environmental pillar is pretty unrelated to carbon emissions,” he said. 

Vice-president for ESG outreach and research at Moody’s, Keeran Beeharee, added: “[There is a] perception that ESG assessments do something that they do not. ESG assessments are an aggregate product, their nature is that they are looking at a range of material factors, so drawing a correlation to one factor is always going to be difficult.” “In 2015-16, post the SDGs [UN sustainable development goals] and COP21 [Paris Agreement], when people began to really focus on the issue of climate, they quickly realised that an ESG assessment is not going to be much use there and that they need the right tool for the right task. There are now more targeted tools available that look at just carbon intensity, for example,” he added.

MSCI ESG Research told the Financial Times its ratings “are fundamentally designed to measure a company’s resilience to financially material environmental, societal and governance risks. They are not designed to measure a company’s impact on climate change.”

Refinitiv told FT that “while very small, the correlation found in this study isn’t surprising, especially in developed markets, where many large organisations — with focused sustainability strategies, underpinned by strong governance, higher awareness of their societal impact and robust disclosure — will perform well based on ESG scores, in spite of the fact that many will also overweight on carbon”.

Global director of sustainability research for Morningstar Hortense Bioy concluded: “Investors need to be aware of all the trade-offs. It is not simple. In this case, investors need to think carefully about which aspects of sustainability they would like to prioritize when building portfolios: carbon reduction or a high ESG rating.”

[yashallied]

Commercial Oven Market:Market Analysis 2023| Recorded Hyper Growth in the Future – 2030- Claims Allied Market Research.

The commercial oven market is experiencing significant growth and will grow exponentially in the coming years.  Commercial oven is providing features like baking, grilling and reheating. It is preferred in various restaurants and hotels because food is prepared in large quantities. Manufacturers are taking proper care of energy conservation, energy saver because the consumers are demanding that oven from which they can save the cost of electricity. The demand for commercial oven has increased due to the high preference for food made in the oven. The commercial oven is designed in such a way that it can be only used in commercial places, not in households because of its heavy material. It can be used for a full day and can hold electric power to reduce the effects of shocks.

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COVID-19 ScenarioAnalysis:

COVID-19 pandemic has severely affected the commercial oven market. The supply of commercial oven is being stopped because China is the main supplier of this industry wherein raw material and finished products are imported. The electronic industry is facing issues like production, supply, and increase of prices. If the trade barriers remain the same, then it can increase the prices of commercial oven, which will further lead to a decrease in the sale of the commercial oven.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers andImpact Analysis

The demand for commercial ovens is increased in restaurants, hotels, and bakeries because of the taste preferences of the customer decline from traditional food. The increase in the consumption of pizzas, burgers, and pastries, has increased the requirement of ovens.  The growing increase in the employment level, increase in disposable income, and change in living standards have increased the growth of the global commercial market. With the rise in the trend of working women, they can contribute less time in the kitchen, and mostly depend on restaurants, hotels, and bakeries for food.

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As they have to order, and they get their meal at their doorstep. The main contribution of increase the demand for the commercial oven is from online platformssuch as Zomato and Swiggy, wherein food can be ordered and the consumer can also get discounts, which has contributed to the growth of the commercial oven market. The commercial oven is segmented into different types of grillers, convection oven, and solo oven.  Conventional oven is used for the heating purpose in which heat is equally distributed inside the oven and is mostly used in the restaurants and bakeries. Whereas solo oven used for boiling purpose in which baking and grilling is not possible. So, the different hotels according to their requirement of preparing the food, prefer different types of oven.

North America holds the highest revenue share in the commercial oven market owing to high demand for technology according to the preference of the customer. These countries can spend on these items. China is one of the major suppliers of the commercial oven because of the affordable raw material and finished product. China is scanning the market and checking the taste and preferences of the customer. Technology up-gradation is one of the major tools, which increases the demand for commercial oven.

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Key Benefits of the Report:

This study presents the analytical depiction of the commercial oven market along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the commercial oven market share.

The current market is quantitatively analyzed to highlight the Commercial Oven Market growth scenario.

Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

The report provides a detailed global thermistor market analysis based on competitive intensity and how the competition will take shape in coming years.

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[mariacallous]

Editor's note: Below is a viewpoint from the Foresight Africa 2023 report, which explores top priorities for the region in the coming year. Read the full chapter on food security.

Global shocks have revealed the fragility of our food systems and the pressing need for increased investment in food security. This is particularly true in Africa.

Africa is the region worst affected by hunger, with more than one in five people chronically under-nourished in 2021. Recent shocks from the war in Ukraine and increasingly severe impacts from climate change are making this situation worse. IFAD’s regional teams are seeing up to a doubling of food, fuel, and fertilizer prices compared to 2021. This threatens to undermine food security and agricultural productivity in the present, and recovery in the future. Small farms deserve particular attention. The vast majority of Africa’s farms are under two hectares and account for most of the food consumed by the continent’s most vulnerable populations.

Humanitarian response is essential, but it is not a long-term solution. The financing gap between long-term resilience building and short-term emergency food assistance is significant and rising. This undermines the ability of poor rural people to cope with future shocks. We need to tackle the underlying factors of food insecurity to avoid recurring crises, and to tap into Africa’s significant potential to produce food for itself– and for others.

IFAD is calling for more finance and investments in Africa’s food systems, innovations that reorient towards fairer outcomes, and that fuel jobs and harness the potential of Africa’s youth. A simple cost-benefit analysis would show that it costs less to invest in resilience and prevent a crisis, than it does to launch a large-scale emergency response. Furthermore, studies show that investing in agriculture is significantly more effective in reducing poverty than investment in any other sector.

Through our work on the ground, we see that investing in fair and sustainable food systems can transform small-scale farms into sustainable agribusinesses. This builds local production capacity and improves Africa’s food sovereignty. It creates jobs along the value chain, particularly in processing, transport, and marketing. When rural economies are thriving, they offer opportunities for decent work. Migration becomes a choice, not a necessity, and the foundation is laid for better livelihoods, resilience, and peace.

More than half of IFAD’s core resources go to sub-Saharan Africa, and we are working on innovations in food systems financing, including with the World Bank, and significantly scaling up partnerships with the Green Climate Fund.

In the wake of the war in Ukraine, IFAD launched a Crisis Response Initiative (CRI) to protect the livelihoods and productive assets of small-scale farmers.

Bringing more and fairer investments into African food systems requires innovation and commitments from Governments, the private sector, and international partners. This is where I see room for leaders to focus their attention. New research indicates that transforming African food systems is estimated to require $77 billion a year until 2030–$614billion in total. The demand for IFAD’s work and financing is far greater than the level of commitments. In 2023, IFAD will be presenting this investment case to its Member States to scale up through the Fund’s next replenishment.

By taking a medium- to long-term development perspective, leaders can target the root, underlying causes of food insecurity and build resilience to future shocks. Doing this successfully in Africa would be a huge step in ending global hunger and transforming food systems globally. IFAD will continue to champion this cause.