Monthly Archives: July 2021

CONNECTION TO RESOURCES: DISCUSSION AND ANALYSIS BY MANAGEMENT OF FINANCIAL POSITION AND OPERATING RESULTS. (form 10-K)

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our financial statements and related notes. This discussion and analysis contains forward-looking statements that involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements …

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Viewpoint: India needs another round of landmark economic reforms

After the economic reforms of 1991, India stood out from its peers. Its dollar GDP has increased 9.71 times, compared to 5.1 times for Thailand, 4.8 times for Turkey, 3.12 times for Brazil – and 38.44 times for the outlier China. Thirty years ago, India could barely pay for three …

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Spat in Cedar Rapids mayoral race was preventable

A case involving Mayor Brad Hart, CSPS and mayoral candidate Amara Andrews made headlines last weekend. It gave us a glimpse of the tensions resulting from a competitive mayoral race that are sure to grab headlines as the campaign draws closer to fall. Andrews was to be a special guest …

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Should the IRS be getting more money to find the money?

July 24, 2021 WASHINGTON DC WHAT IS THE largest financial entity in the United States? The Federal Reserve sets the pace for global financial markets with its interest rate decisions. JP Morgan, a bank, has a balance sheet of $ 3.7 billion. Some argue that the United States Mint could …

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Removing subsidies will increase Nigeria’s economy by 5%

Nigeria’s total revenues are expected to increase by 5% by 2024 if the federal government is able to remove the costly fuel subsidy by 2022, according to a report by the Economist Intelligence Unit (EIU). This would mean a significant increase in Nigeria’s income relative to gross domestic product (GDP). …

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Tristel is starting to see signs of market recovery

Manufacturer of infection prevention products Tristel Said in a business update Wednesday that as the fourth quarter progressed, demand for its device-based products accelerated as hospital outpatient services gradually returned to activity levels before the pandemic. The AIM-listed company said sales of surface disinfectant products also continued to grow. He …

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Is Middleby (NASDAQ: MIDD) a risky investment?

Legendary fund manager Li Lu (who Charlie Munger supported) once said, “The biggest risk in investing is not price volatility, but the possibility that you will suffer a permanent loss of capital. It is only natural to consider a company’s balance sheet when looking at its level of risk, as …

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Whitmer veto GOP bill to end extra unemployment benefits

Gov. Gretchen Whitmer on Tuesday vetoed a GOP-backed bill that would have prevented the state from handing out the additional $ 300 federal weekly unemployment benefits made available due to the COVID-19 pandemic. But the governor hinted at his willingness to end the allowance in exchange for lawmakers increasing the …

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Pay Scale Research Shows Fairly Paid Workers Believe

New research from Payscale shows that most workers don’t know if they are being paid fairly; 51% think they are paid below the market even when paid at or above the market. Workers who perceive they are paid below the market are 50% more likely to seek new employment in …

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Elinoil Hellenic Petroleum (ATH: ELIN) returns on capital do not reflect the activity

If we are to find multi-bagger potential, there are often underlying trends that can provide clues. In a perfect world, we would like a business to invest more capital in their business, and ideally the returns from that capital increase as well. Put simply, these types of businesses are dialing …

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Employees in double whammy

Salaried workers in Bangladesh have had a grueling year as their income growth fell to its lowest level in six years in the last fiscal year, as living costs rose amid rising inflation , according to official figures. General salary increased 6.12 percent in fiscal year 2020-2021, which is the …

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Charlotte Pipe and Foundry keeps its promises to its employees

Charlotte Pipe and Foundry Company is a fifth generation family business that has been in existence for 120 years. She also tries to treat her employees like family. “We have a long tradition and a long tradition of caring for our associates,” said Charlotte Pipe vice president of marketing Bradford …

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Is C. V’s Megacable Holdings SAB (BMV: MEGACPO) a risky investment?

Legendary fund manager Li Lu (whom Charlie Munger supported) once said, “The biggest risk in investing is not price volatility, but the fact that you suffer a permanent loss of capital. It is only natural to consider a company’s balance sheet when looking at its level of risk, as debt …

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Post-Covid, India’s weakest link could be its informal sector

Almost 80% of Indian workers are employed in the informal sector, which accounts for almost 50% of India’s GDP. Few high-frequency economic indicators capture the health of this segment of the economy. “But a lot is at stake. Ignoring the informal sector can hurt jobs, wages and even macroeconomic stability,” …

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Helix Energy Solutions Group (NYSE: HLX) Seeks To Continue Growing Return On Capital

What are the first trends to look for to identify a title that could multiply over the long term? Generally, we will want to notice a growing trend return on capital employed (ROCE) and at the same time, a based capital employed. This shows us that it is a composing …

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Planning for an ‘uncertain’ future, Cambridge unveils climate resilience plan | New

The City of Cambridge has published a report on the effects of climate change on the city and long-term recommendations for climate resilience. the Resilient Cambridge Plan, a 70-page document detailing the historical effects of climate change on the Cambridge area and offering suggestions for increasing resilience and preparedness for …

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Is Dominion Energy (NYSE: D) Using Too Much Debt?

Warren Buffett said: “Volatility is far from synonymous with risk”. It is only natural to consider a company’s balance sheet when looking at its level of risk, as debt is often involved when a business collapses. Like many other companies Dominion Energy, Inc. (NYSE: D) uses debt. But the most …

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Skills upgrading and workforce transition, the way forward

While the wage-to-gross domestic product (GDP) ratio of many advanced economies has declined over the years, Malaysia continues to catch up despite growing steadily since 2005. According to a 2019 document from the International Labor Organization (ILO), globally, workers’ share of national income is declining from 53.7% in 2004 to …

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Eastern Resource Acquisition: Non-reliance on Financial Statement or Related Audit Report or Completed Interim Review (Form 8-K)

Non-reliance on a financial statement or related audit report or a completed interim review. On April 12, 2021, the Acting Director of the Division of Corporation Finance and the Acting Chief Accountant of the Securities and Exchange Commission (the “SEC”) jointly issued a statement regarding accounting and reporting considerations for …

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Japan to raise average minimum wage by 3.1%

The Ministry of Labor has recommended increasing the national average minimum wage by 3.1% to 930 yen (US $ 8.43) per hour. The increase of 28 yen (US $ 0.25) from the current 902 yen (US $ 8.18) for fiscal 2021 through March next year would be the highest in …

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Siemens Gamesa Renewable Energy, SA lowers its outlook for fiscal 2021, impacting Siemens Energy

Siemens Energy AG / Keyword (s): ForecastingSiemens Energy AG: Siemens Gamesa Renewable Energy, SA lowers its outlook for fiscal 2021, impacting Siemens Energy 14-Jul-2021 / 23:22 CET / CESTDisclosure of inside information acc. in Article 17 MAR of Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS …

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Philly Police made sure to defend freedom of speech for white supremacists

Notice Police allowed the Patriot Front hate group to harass Philadelphians without much interference. Compare that to their treatment of Black Lives Matter protesters, and the double standard is infuriating. Get a compelling long read and must-have lifestyle tips delivered to your inbox every Sunday morning – perfect with a …

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Is BIOLASE (NASDAQ: BIOL) Using Debt Wisely?

David Iben put it well when he said, “Volatility is not a risk we care about. What matters to us is to avoid the permanent loss of capital. ‘ When we think about how risky a business is, we always like to look at its use of debt because debt …

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Update on second quarter 2021 financial results and audio broadcast details for July 28, 2021

Lundin Energy AB (Lundin Energy) will publish its financial report for the second trimester 2021 at Wednesday, 28 July 2021. For the second trimester 2021, Lundin Energy to Expense Pre-Tax Exploration and evaluation costs around MUSD 119 and recognize a net change Gain about MUSD 45. Exploration and evaluation freshIt …

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South Africa faces another big budget problem this year

Public finances are improving, but it will take years to recover, even if the right choices are made, according to economists at Momentum. At this early point in the new fiscal year, it looks like the government is heading for another huge revenue overshoot – despite the excise duty losses …

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Reviews | Biden Executive Order Restores US Antitrust

President Biden signed an executive order on Friday aimed at curbing corporate dominance, strengthening business competition and giving consumers and workers more choice and power. The order includes 72 initiatives with a wide variety of topics – net neutrality and cheaper hearing aids, closer scrutiny of Big Techs, and a …

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GOP-led voter suppression implemented step by step, just like Jim Crow

Across the country, Republican lawmakers are using straw man arguments over voter fraud to impose increasing restrictions on access to the ballot box. In response, President Joe Biden and others criticized the changes as “Non-American”, rhetorically downplaying the violence of voter suppression that has actually been central to US history. …

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Is Thule Group (STO: THULE) a risky investment?

Warren Buffett said: “Volatility is far from synonymous with risk”. When we think about how risky a business is, we always like to look at its use of debt because debt overload can lead to bankruptcy. Mostly, Thule Group AB (released) (STO: THULE) is in debt. But the most important …

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The Week in Tax: The closing time for interest limitation rule submissions, and is the Inland Revenue about to crack down on employee benefit tax rules around utes?

After leaning over the 143-page discussion paper on the interest limitation proposals over the past few weeks and have discussed them with colleagues, the summary position I have come to is that the government should be very aware that there will be unintended consequences, and it should therefore be ready …

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G20 High Level Tax Symposium on Tax Policy and Climate Change

Ministers discussed tax policy and climate change The challenge of climate change is at the heart of the G20 2021 agenda, focused on People, Planet and Prosperity. Climate change is a major threat to our people. Urgent collective action is needed to reduce greenhouse gas emissions with the goal of …

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Form 10-K / A Sarissa Capital Acquisit For: December 31

such a large number of publicly traded securities may adversely affect the price of our Class A common shares. In addition, the existence of registration rights may make our initial business combination more expensive or difficult. to conclude. Indeed, the shareholders of the target company can increase the participation they …

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The Climate Action Plan is moving forward | New

With the overarching goal of reducing greenhouse gas emissions and reintroducing localized circular economies firmly in sight, the Telluride Ecology Commission embarked on a broad quest last September to update the Action Plan. Telluride 2014 Climate Plan (PAC). At Wednesday’s Zoom meeting –– the commission attended, officials from the Town …

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The ‘options’ of the LP | Philstar.com

President Rodrigo Duterte signed Proclamation No. 1179 in which he stated that there are now 109.035 million Filipinos living in the Philippines. The newly signed presidential proclamation adopted this official count of the population of Filipinos nationwide in May 2020. According to the chief executive, the official count of the …

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Should discrimination against Trump supporters be illegal?

American conservatives have become obsessed with the cultural stigma they face in elite institutions, both from old enemies, like universities and Hollywood, and new ones, like K-12 schools and even some companies (“capital awakened”). Eric Kaufmann, professor and member of the right-wing Manhattan Institute, wants to do something. Conservatives must …

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New Canadians Thrive in the Oil and Gas Industry

Wages of immigrants in oil and gas extraction in Canada are growing faster than in other sectors By Mark Milke and Ven VenkatachalamCanadian energy centerTrojan Media A few years ago one of us took an early morning cab in Vancouver. The driver, who is from Latin America, has started to …

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Saga Furs Oyj (HEL: SAGCV) has a rock solid track record

Warren Buffett said: “Volatility is far from synonymous with risk”. When we think about how risky a business is, we always like to look at its use of debt because debt overload can lead to bankruptcy. Like many other companies Furs Oyj Saga (HEL: SAGCV) uses debt. But does this …

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SMART GLOBAL: Management’s Discussion and Analysis of Financial Position and Results of Operations (Form 10-Q)

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with the condensed consolidated financial statements and the notes to those statements included elsewhere in this Quarterly Report on Form 10-Q, and with the consolidated financial statements and management's discussion and analysis …

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US and India have a lot of work to do on digital cooperation | Business and Economy News

New Delhi, India – It’s a drama that unfolds worthy of a Bollywood film. In February, Twitter deleted hundreds of accounts that posted continued farmer protests against three farm laws passed in India last year, only to restore some after a massive public backlash. Twitter said the accounts were deleted …

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Take advantage of the EU carbon tax

After a period of notice, a draft EU carbon border tariff was finally announced. To avoid getting caught up in trade disputes, the EU does not mention the word “tariff”, but rather uses the term “carbon border adjustment mechanism”. Although it is a bit long, it clearly states the purpose …

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Here’s how to know if you can afford a big post-Covid purchase

SDI Productions | E + | Getty Images The US economy is inundated with economic stimulus and spending to celebrate the reopening of Covid. The statistics show it: Soaring retail sales, falling unemployment and rising inflation all indicate a consumer willing to spend. While more jobs and a return to …

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Amos Luzon Development and Energy Group (TLV: LUZN) does what it takes to increase its share price

If we are to find multi-bagger potential, there are often underlying trends that can provide clues. A common approach is to try to find a business with Return on capital employed (ROCE) which increases, in connection with growth amount capital employed. This shows us that it is a composing machine, …

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Too much capital, not enough work

BYes Patrick watson I try not to blame economists for being wrong. I think most try to interpret the data fairly. It’s easy to miss (or misunderstand) important information. So I’m surprised how many otherwise thoughtful, data-driven analysts repeat the story “unemployment benefits deter people from working” while citing no …

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Become a Converse Bank Visa cardholder at preferential conditions

17:50, 2 July 2021 Converse Bank is offering to become the Visa Classic, Visa Gold, Visa Business and Visa Platinum cardholder by July 31 and use the reduced 50% annual service fee for the life of the card. At the customer’s request, the family member will also be given a …

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Dow jumped on another Goldilocks US NFP employment report, positive for Wall Street, addicted to stimuli

· Unemployment rate in the United States has increased due to higher participation in the labor market · Assuming pre-COVID labor market participation on February 20, the US unemployment rate is now around 7.8% instead of 5.9% Dow Future jumped more than 100 points on Friday on another job report …

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On the open path to growth

On the open path to growth Royal Enfield is determined to increase its business by increasing production in Thailand, introducing new models for local consumers and focusing on electric vehicles in line with global trends and government policy, writes Lamonphet Apisitniran Mr. Sumbly sees business opportunities for sales of midsize …

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Form 10-Q / A Primavera Capital Acquis For: March 31

Article 2. Management’s discussion and analysis of the financial position and operating results References in this report (the ?? Quarterly Report ??) to ?? us, ?? ??we?? or the ?? Company ?? refer to Primavera Capital Acquisition Corp. References to our ?? management ?? or our ?? management team ?? …

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Nordic Entertainment: NENT Group accepts sale of 12 NENT Studios production labels to Fremantle

Nordic entertainment group (NENT Group) accepted the sale of 12 NENT Studios production labels in Fremantle. The sale is compliant NENT Group stated ambition to concentrate NENT Studios on scripted content for its Viaplay streaming service, which will be available in at least 15 countries by the end of 2023. …

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Is Hammond Power Solutions (TSE: HPS.A) a risky investment?

Berkshire Hathaway’s Charlie Munger-backed external fund manager Li Lu is quick to say “The biggest risk in investing is not price volatility, but the fact that you suffer a permanent loss of capital. “. So it can be obvious that you need to consider debt, when you think about how …

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