European Economic Area – Westie Lovers http://westielovers.com/ Sat, 14 May 2022 04:05:23 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://westielovers.com/wp-content/uploads/2021/03/cropped-icon-32x32.png European Economic Area – Westie Lovers http://westielovers.com/ 32 32 Minnesota 12, Cleveland 8 | Federal News Network https://westielovers.com/minnesota-12-cleveland-8-federal-news-network/ Sat, 14 May 2022 04:05:23 +0000 https://westielovers.com/minnesota-12-cleveland-8-federal-news-network/ Cleveland Minnesota a B r h bi a B r h bi Totals 37 8 9 8 Totals 34 12 13 11 Straw 2 1 0 0 Buxton c.f. 3 2 1 1 kwan lf 4 0 0 0 Arraez 1b 3 0 0 0 Ramirez 3b 5 1 2 2 Polanco 2b 4 2 […]]]>
Cleveland Minnesota
a B r h bi a B r h bi
Totals 37 8 9 8 Totals 34 12 13 11
Straw 2 1 0 0 Buxton c.f. 3 2 1 1
kwan lf 4 0 0 0 Arraez 1b 3 0 0 0
Ramirez 3b 5 1 2 2 Polanco 2b 4 2 1 1
sucker 1b 5 0 0 0 Kepler rf 4 1 3 2
Rosario ss 5 1 2 1 Sanchez dh 5 1 2 3
reyes dh 4 0 1 0 Urshela 3b 4 1 1 0
Gimenez 2b 4 2 1 2 Gordon lf 4 1 1 0
Mercado rf 5 2 2 2 Jeffers c 3 2 2 0
Hurdles c 3 1 1 1 Lewis SS 4 2 2 4
Cleveland 001 012 202 8
Minnesota 200 090 01x 12

E_Duran (1), Lewis (2). DP_Cleveland 2, Minnesota 1. LOB_Cleveland 9, Minnesota 5. 2B_Sánchez (8), Lewis (2), Kepler (5). 3B_Rosary (2). HR_Hedges (3), Mercado (4), Giménez (4), Buxton (10), Polanco (4), Sánchez (2), Lewis (1). SB_Straw (8). SF_Kepler (1).

Cleveland
Civale L,1-3 4 2-3 7 6 6 2 5
Shaw 0 4 5 5 1 0
Morgan 1 1-3 1 0 0 1 1
Gosé 1 1 0 0 0 1
Hentges 1 0 1 1 1 1
Minnesota
Gray 4 1-3 4 2 2 4 8
Jax F, 3-0 2 1-3 4 4 4 3 1
Smith H, 6 1-3 0 0 0 0 1
Duran 1 0 0 0 0 0
Pagan 1 1 2 0 0 2

Shaw pitched to 5 batters in the 5th.

HBP_Hentges (Arraez).

Umpires_Home, John Tumpane; First, Ryan Blakney; Second, Marvin Hudson; Third, Erich Bacchus.

T_3:26. A_18,711 (38,544).

Copyright © 2022 . All rights reserved. This website is not intended for users located in the European Economic Area.

]]>
Zelensky claims gains in counteroffensive near Kharkiv https://westielovers.com/zelensky-claims-gains-in-counteroffensive-near-kharkiv/ Wed, 11 May 2022 11:55:00 +0000 https://westielovers.com/zelensky-claims-gains-in-counteroffensive-near-kharkiv/ Ukrainian soldiers train on howitzers in Germany The first Ukrainian soldiers trained on the 2000 howitzer have arrived in Germany, the German Defense Ministry confirmed to NBC News on Wednesday. Up to 18 Ukrainian soldiers will be trained in artillery in the town of Idar-Oberstein in the southwestern German state of Rhineland-Palatinate. Howitzers are mid-range […]]]>

Ukrainian soldiers train on howitzers in Germany

The first Ukrainian soldiers trained on the 2000 howitzer have arrived in Germany, the German Defense Ministry confirmed to NBC News on Wednesday.

Up to 18 Ukrainian soldiers will be trained in artillery in the town of Idar-Oberstein in the southwestern German state of Rhineland-Palatinate. Howitzers are mid-range surface-to-surface guns used to support ground forces in defensive or offensive maneuvers.

“This is the first time soldiers of the Ukrainian Armed Forces have received training on the 2000 howitzer in Germany,” a defense ministry spokesman said.

Since the start of the war, the United States has provided Ukraine with dozens of howitzers, as well as ammunition and drones, in addition to humanitarian and economic aid. On Tuesday, the House approved a new $40 billion aid package for Ukraine.

The highway to kyiv

Ukraine recaptures villages from Russian troops around Kharkiv

Bombings in Kharkiv

Views of Kharkiv in Ukraine as Russian attacks continue
A local man examines the damage to his destroyed house in Vilkkhivka, near Kharkiv, Ukraine, May 9, 2022.Diego Herrera/Anadolu Agency via Getty Images

EU’s proposed Russian oil ban would devastate Hungarian economy, says foreign minister

The European Union‘s proposed ban on Russian oil would devastate Hungary’s economy, Foreign Minister Peter Szijjarto said on Wednesday.

An agreement between Budapest and the EU on the proposed ban seemed unlikely, he said, according to Reuters. “Brussels has no proposal for a solution (…) that could handle the atomic bomb-like effects of this potential oil embargo against Russia on the Hungarian economy,” Szijjarto said in a video posted on his page. Facebook, according to Reuters.

Hungarian Prime Minister Viktor Orban also called the proposal an economic “atomic bomb” on public radio earlier this month. Hungary is one of the main critics of the EU’s proposed ban and each of the bloc’s 27 members must back the plan for it to pass.

South Kherson region will ask Putin to join Russia, says pro-Russian official

A Moscow-based official in the Kherson region of southern Ukraine said the Russian-occupied region would appeal directly to President Vladimir Putin to accept him to Russia, the state news agency reported. Cup.

The planned move was announced on Wednesday by Kirill Stremousov, deputy head of the region’s so-called military-civilian administration, according to Tass. The administration was installed in late April after Russian forces deposed Ukrainian officials in the area.

The strategic region with access to the Black Sea has been under Russian control since the early days of the war.

There has been much speculation about Russia’s intentions for its future, with observers suggesting it could be transformed into a ‘people’s republic’ similar to those controlled by pro-Russian separatists in eastern Ukraine. or annexed as the Crimean Peninsula in 2014.

Kremlin spokesman Dmitry Peskov told reporters on Wednesday that residents of the region should decide for themselves whether or not to appeal for the region to join Russia, and that such a possibility should have a clear legal justification, according to Tass.


Russian forces placed landmines around Kharkiv, Ukraine says

Russian forces placed landmines in areas of Kharkiv they occupied, the region’s army chief warned.

“The enemy has completely undermined everything,” Oleh Sinegubiv said in a post on Telegram. He warned residents to be wary of returns to areas where the Russian military had recently been driven out and where schools, kindergartens and private homes had been mined. Teams were clearing the area, while essential infrastructure such as gas and electricity were also being restored, he said.

Ukrainian forces have in recent days pushed Russian troops out of areas they had occupied earlier in the war, retaking several towns in the Kharkiv region.

More than 100 hospitals destroyed in Ukraine, according to the Ministry of Health

Russian forces have destroyed 101 hospitals and shot down or captured 200 ambulances since the invasion began on February 24, Ukraine’s Health Ministry said in a Facebook post on Wednesday.

The claims came as the head of the Luhansk region said on Tuesday that Russian forces had taken equipment from local hospitals and schools in the town of Kreminna, located east between Kharkiv and Luhansk, and the sent to Russia.

“The Russians were shocked by the equipment in our hospitals, so they didn’t delay and in the first days of the occupation began to dismantle the equipment and transport it to Luhansk or Russia,” said the regional governor, Serhiy Haidai, in a message. on his Telegram channel.

Gas shortages hit Ukraine

ON THE ROAD TO KYIV, Ukraine — Driving anywhere in Ukraine these days takes a lot of planning due to the fuel shortage in the country.

On the approximately 340-mile journey between Lviv and the capital, Kyiv, many gas stations are closed because they have run out of fuel.

Some service stations still open only contain service trucks, agricultural vehicles, ambulances, police cars and other essential vehicles. Even then, most gas stations have imposed a limit on the amount of gasoline allowed per vehicle.

For ordinary Ukrainians, it can be difficult to find gas stations that serve them. And the lines can be brutally long.

Christmas socks for refugees in Odessa

ODESA
Volunteer Irena Bazina gives Christmas socks to Masha Severin, 6, at a refugee distribution center in Odessa on May 3, 2022.Erin Trieb for NBC News

Mariupol mayor warns over 10,000 people could die by year’s end

More than 10,000 people could die by the end of the year in the southern port city of Mariupol, now mostly occupied by Russian forces, the mayor said on Wednesday.

“The humanitarian situation in Mariupol is now catastrophic,” Mayor Vadim Boichenko said in a message on Telegram. “There are no medicines or doctors, a normal water supply, the sewers are not working, etc.”

He warned that without functioning drinking water and sewers, epidemics could break out in the city, especially with a population made up mostly of the sick and elderly. About 100,000 civilians are still present in the southern port city and are waiting to be evacuated, the mayor said on Tuesday.

Zelenskyy thanks Pelosi, House for approving Ukrainian aid

Ukraine halts Russian gas flows to areas occupied by Moscow

The Ukrainian pipeline operator said on Wednesday it would stop the flow of Russian natural gas to a key hub in the east of the country currently occupied by Russian forces.

The operator, GTSOU, said in a statement that it “cannot carry out operational and technological control” over the Novopskov compressor station, located in Lugansk, which handles around a third of the Russian gas that passes through the Ukraine to Europe, as well as other assets in the region.

The operator said it would redirect the gas flow to a facility in the south under Ukrainian control.

The European Union is pushing for a ban on Russian oil imports into its 27 member states, designed to hit Russia’s national finances.

Faces of Azovstal

A wounded Ukrainian soldier sits under the beleaguered Azovstal steelworks in Mariupol on May 10, 2022.
A wounded Ukrainian soldier sits under the beleaguered Azovstal steelworks in Mariupol on May 10, 2022. Courtesy of Orest Kozatskyi

Ukraine advances in northeast counteroffensive against Russian forces

The Ukrainian army has recovered territory in the northeast of the country, making gains against Russian forces and pushing them back towards the border.

“The occupiers are gradually being pushed out of Kharkiv Oblast,” President Volodymyr Zelenskyy said on Tuesday evening, adding that invading troops had been driven out of four villages in the area.

Ukrainian forces could be within six miles of the Russian border, according to the Institute for the Study of War. Russian forces in the Izyum region, located about 120 km southeast of Kharkiv, have reportedly redeployed north in an attempt to halt Ukraine’s advance, its daily update said on Tuesday after- noon.

The Kharkiv region, including the big city itself, came under heavy attack early in the war, and many of its buildings were destroyed by Russian strikes.

Ukraine hits Russian supply ships with drones, UK says

The Ukrainian army has successfully attacked Russian supply ships with drones, the British Ministry of Defense announced on Wednesday.

Ukraine has launched successful attacks on air defenses and supply ships with Bayraktar drones, the Defense Ministry said in a daily intelligence update.

“Russian supply ships have minimal protection in the western Black Sea, following the withdrawal of the Russian Navy to Crimea following the loss of the Moskva,” the ministry said in a statement. statement.

Meanwhile, fighting continues on Zmiinyi Island, also known as Snake Island, the UK said. If Russia consolidates its position on the island, “it could dominate the northwest Black Sea,” the ministry said. The island lies off the southwest coast of Ukraine, south of Odessa.

House passes $40 billion package to provide military and humanitarian aid

The House on Tuesday night passed legislation that would provide $40 billion in new aid to Ukraine as the Biden administration seeks to bolster US support for kyiv in its war against Russia.

The House voted 368 to 57 after President Joe Biden urged quick action by Congress and Republicans balked at spending an additional $10 billion in Covid relief funds alongside military and humanitarian aid to Ukraine. . The 57 invalid votes came from Republicans.

The additional funding measure is now heading to the Senate. GOP Leader Mitch McConnell said Tuesday he asked Biden last week to separate coronavirus aid from funding for Ukraine.

Read the full story here.

]]>
Western banks set to hit $10 billion by pulling out of Russia https://westielovers.com/western-banks-set-to-hit-10-billion-by-pulling-out-of-russia/ Fri, 06 May 2022 20:00:35 +0000 https://westielovers.com/western-banks-set-to-hit-10-billion-by-pulling-out-of-russia/ Western banks are bracing for a $10 billion hit in their forays into Russia as they prepare to pull out of the country due to its invasion of Ukraine. International sanctions have forced banks to consider turning their backs on a country some lenders first entered more than a century ago. This week, a series […]]]>

Western banks are bracing for a $10 billion hit in their forays into Russia as they prepare to pull out of the country due to its invasion of Ukraine.

International sanctions have forced banks to consider turning their backs on a country some lenders first entered more than a century ago.

This week, a series of European banks set aside billions of euros in provisions ahead of the closure of their operations in Russia, following similar moves by US lenders last month. Western banks collectively have $86 billion of exposure to Russia – with nearly 40,000 employees – and are setting aside more than $10 billion in anticipation of losses on their businesses, according to Financial Times calculations.

Italian lender UniCredit this week set aside 1.3 billion euros to cover potential losses, warning it could face a loss of 5.3 billion euros if its entire Russian business was wiped out. “I’m sure you’ve noticed the speed of change in terms of . . . waves of sanctions,” said UniCredit chief executive Andrea Orcel.

The bank, which has 4,000 employees and 2 million customers in the country, has been present in Russia for 17 years.

Societe Generale, the French lender that first entered Russia 150 years ago, made 561 million euros in provisions for the first quarter, mostly related to the war in Ukraine.

The bank said last month it had agreed to sell its subsidiary Rosbank to an investment firm founded by billionaire Vladimir Potanin and expects the sale to reach 3.1 billion euros (3.3 billions of dollars). The French lender has 3.1 million retail customers in Russia and 18 billion euros of exposure in the country. Rosbank employs 12,000 people.

French bank Credit Agricole on Thursday announced a provision of 389 million euros for its exposure to Russia and said it was writing down 195 million euros for the total equity value of its Ukrainian operations.

Austrian Raiffeisen has 4.2 million customers and 9,400 employees in Russia, with 22.9 billion euros in assets in the country – the most exposed of all foreign banks. Its 319 million euros in provisions for bad debts in the first quarter were mainly related to the war in Ukraine.

Credit Suisse said last month it lost 206 million Swiss francs ($211 million) related to Russia’s invasion of Ukraine, with 148 million Swiss francs in business losses and 58 million Swiss francs in credit losses.

Chief executive Thomas Gottstein said most of the bank’s 125 employees nationwide are currently on paid leave as the bank assesses how much to scale back operations. About 4% of the group’s wealth management assets, or 28 billion Swiss francs, are linked to Russian clients.

Another Swiss lender, UBS, said it had reduced its risk exposure by a third to $400 million since the start of the year, but that had resulted in costs of $100 million.

UBS added that EU and Swiss rules prohibiting taking deposits of more than 100,000 euros from Russians not allowed to live in the European Economic Area affected 0.7% of its assets. wealth management division.

Among U.S. lenders, Citigroup disclosed the largest direct exposure to Russia, warning of up to $3 billion in potential losses from its operations in the country. Last month, the bank set aside $1 billion for its exposure to Russia.

Citigroup has been trying to divest its Russian consumer bank since last year and announced in March that it would expand its exit from Russia to include other operations.

JPMorgan Chase said it has provisioned about $300 million to cover writedowns on loans associated with Russia, although chief executive Jamie Dimon warned investors in early April that the bank could lose up to $1 billion on its loan. exhibition in the country.

Goldman Sachs in March had $260 million in credit exposure, compared to $650 million in December. The bank said in its first-quarter results that it incurred a net loss of about $300 million on investments related to the country and Ukraine. Goldman also said it was “terminating” its Russian business while JPMorgan Chase “has been actively unwinding Russian business.”

Morgan Stanley said it had “limited” direct exposure to Russia after giving up its banking license in the country years before the invasion.

]]>
Ask the CIO: Department of Homeland Security https://westielovers.com/ask-the-cio-department-of-homeland-security/ Wed, 04 May 2022 16:11:10 +0000 https://westielovers.com/ask-the-cio-department-of-homeland-security/ Date: May 12, 2022Weather: 2:00 p.m.Duration: 1 hourCost: No charges The description: How is the Department of Homeland Security evolving its IT to meet the demands of today’s landscape? During this webinar, moderator Jason Miller and Eric Hysen, Chief Information Officer for the Department of Homeland Security, will take an in-depth look at a wide […]]]>

Date: May 12, 2022
Weather: 2:00 p.m.
Duration: 1 hour
Cost:
No charges

The description:

How is the Department of Homeland Security evolving its IT to meet the demands of today’s landscape?

During this webinar, moderator Jason Miller and Eric Hysen, Chief Information Officer for the Department of Homeland Security, will take an in-depth look at a wide range of modernization and cybersecurity practices. Additionally, Lamont Copeland, General Manager of Federal Solutions Architecture at Verizon, will provide an industry perspective.

Learning objectives:

  • Computer Advances at DHS
  • Cybersecurity initiatives
  • TMF Support at DHS
  • Customer Experience and Workforce Review
  • Industry analysis

This program is sponsored by

Free registration
Please register using the form on this page or by calling (202) 895-5023.

By providing us with your contact information, you agree: (i) to receive promotional and/or news alerts via email from Federal News Network and our third-party partners, (ii) that we may share your information with our third-party partners that provide products and services that may be of interest to you and (iii) that you are not located in the European Economic Area.

]]>
Federal Executive Forum “Zero Trust in Government Strategies” https://westielovers.com/federal-executive-forum-zero-trust-in-government-strategies/ Mon, 02 May 2022 15:33:03 +0000 https://westielovers.com/federal-executive-forum-zero-trust-in-government-strategies/ Date: May 10, 2022Weather: 1 p.m. ETDuration: 1 hourCost: No charges The description: The zero-trust model has come to the forefront of government agency cyber strategies over the past two years, but how do agencies implement and manage their zero-trust strategy? In this webinar, you will learn how federal IT practitioners from the U.S. Department […]]]>

Date: May 10, 2022
Weather: 1 p.m. ET
Duration: 1 hour
Cost: No charges

The description:

The zero-trust model has come to the forefront of government agency cyber strategies over the past two years, but how do agencies implement and manage their zero-trust strategy?

In this webinar, you will learn how federal IT practitioners from the U.S. Department of State, Department of Justice, Immigration and Customs Enforcement, and Department of Homeland Security are implementing strategies and technologies around zero trust.

The following experts will explore what the future of machine learning and AI in government means for you:

  • Donna BennetChief Information Security Officer, Department of State
  • Vu NguyenActing Chief Information Security Officer, Department of Justice
  • Rob ThorneSenior Information Security Officer, Immigration and Customs
  • Eric SanderInformation Security Manager, Office of Intelligence and Analysis, Department of Homeland Security
  • Felipe FernandezSenior Director, Systems Engineering, Fortinet Federal
  • John DavisVice President, Public Sector, Palo Alto Networks
  • Marc SincevichFederal Director, Illumio
  • Moderator: Luke McCormack, Host of the Federal Executive Forum

Panelists will also share lessons learned, challenges and solutions and a vision for the future.

Registration is free. Please register using the form on this page or by calling (202) 895-5023.

By providing us with your contact information, you agree: (i) to receive promotional and/or news alerts via email from Federal News Network and our third-party partners, (ii) that we may share your information with our third-party partners that provide products and services that may be of interest to you and (iii) that you are not located in the European Economic Area.

]]>
Shareholders approve all proposals https://westielovers.com/shareholders-approve-all-proposals/ Thu, 28 Apr 2022 16:00:00 +0000 https://westielovers.com/shareholders-approve-all-proposals/ Ad hoc announcement pursuant to Article 53 of the Listing Rules This press release or the information it contains is not published and may not be distributed in the United States of America, Canada, Australia or Japan and does not constitute an offer to sell securities in these countries. . Shareholders approve all proposals The […]]]>

Ad hoc announcement pursuant to Article 53 of the Listing Rules

This press release or the information it contains is not published and may not be distributed in the United States of America, Canada, Australia or Japan and does not constitute an offer to sell securities in these countries. .

Shareholders approve all proposals

The shareholders of Feintool International Holding AG have approved all proposals presented at the Annual General Meeting of Shareholders on April 28, 2022.

At the annual general meeting of Feintool International Holding AG on April 28, 2022, the shareholders approved the annual report and the annual accounts for 2021. The payment of a dividend of CHF 1 per share was also approved.

All members of the Board of Directors who are candidates for re-election, namely Alexander von Witzleben, Christian Mäder, Dr. Marcus Bollig, Norbert Indlekofer and Heinz Loosli, have been confirmed in their functions.

At the Annual General Meeting, the shareholders also decided to implement the proposed ordinary capital increase in the amount of approximately CHF 202 million and instructed the Board of Directors to carry it out. For the key figures of the capital increase, refer to this morning’s press release.

Short profile

Feintool is an internationally active and market leading technology in fine blanking, forming and deep drawing by electrolamination for the processing of sheet steel. Cost-effectiveness, superior quality and productivity characterize these technologies.
As a driver of innovation, Feintool constantly pushes the boundaries of these technologies and develops intelligent solutions to meet the requirements of its customers: on the one hand, high-performance fine blanking systems with innovative tools and state-of-the-art, and on the other hand, complete processes for the precise cutting, forming and stamping of sheet metal electrical components in large volumes for demanding automotive and industrial applications.
These processes support automotive industry trends. Feintool acts as a project and development partner in the areas of lightweight construction/sustainability, module variants/platforms and alternative drive concepts such as hybrid and electric drives.

Founded in 1959 and based in Lyss, Switzerland, the Group operates its 19 production plants and technology centers in Europe, the United States, China and Japan, ensuring proximity to its customers. Worldwide, around 3,500 employees and 100 apprentices are working on new solutions to create key advantages for Feintool customers.

Warning

This publication does not constitute an offer to sell or a solicitation to buy securities of the Company and does not constitute a prospectus or similar notice within the meaning of articles 35 et seq. or 69 of the Swiss Financial Services Act.

The offer and listing will be made solely by means of and on the basis of a prospectus which must be approved by the competent supervisory body and published. An investment decision regarding publicly offered securities of the Company should only be made on the basis of the prospectus. The prospectus is expected to be published on April 29, 2022 and will be available free of charge on the Company’s website.

This publication or the information it contains is unpublished and may not be distributed in the United States of America, Canada, Australia, Japan, or any other jurisdiction in which distribution or publication would be unlawful or require registration or other action and does not constitute an offer of securities for sale in such countries.

This communication is being distributed only and is directed only to (i) persons outside the United Kingdom, (ii) persons with professional experience in matters relating to investments falling under Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth entities, and other persons to whom they may otherwise lawfully be disclosed, falling within section 49(2), of the Ordinance (all these persons being collectively referred to as “data subjects“). Any investment or investment activity to which this communication relates is only accessible to relevant persons and will only be engaged in with relevant persons. Any person who is not a Data Subject should not act or rely on this communication or any of its contents.

This communication does not constitute an “offer of securities to the public”. within the meaning of Regulation 2017/1129 of the European Union (the “Rules Prospectus“) of the securities referred to therein (the “Securities“) in any member state of the European Economic Area (the “EEA“) or Regulation (EU) 2017/1129 as part of domestic law under the Withdrawal from the European Union Act 2018, as amended (the “UK prospectus regulations“). Any offer of Notes to persons in the EEA will be made pursuant to an exemption under the Prospectus Regulation, as implemented in the Member States of the EEA, from the requirement to produce a prospectus for offers of Securities.

The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Law“), and may not be offered or sold in the United States or to United States Persons (as that term is defined in Regulation S of the Securities Act) unless the securities are registered under the Securities Act or an exemption from the registration requirements of The issuer of the securities has not registered, and does not intend to register, any part of the offering in the United States, and does not intention to make a public offering of securities in the United States.

This communication is not intended for distribution in the United States, Canada, Australia or Japan. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which it is illegal to do so.

Feintool International Holding AG
Industriering 8
3250 Lys
Swiss

Media Spokesperson

Karin Labhart
Telephone +41 32 387 51 57
Mobile +41 79 609 22 02
karin.labhart@feintool.com
www.feintool.com

The press release can be downloaded from the following link:
Press release (PDF)

]]>
The importance of midband 5G for European economic growth https://westielovers.com/the-importance-of-midband-5g-for-european-economic-growth/ Wed, 27 Apr 2022 16:54:15 +0000 https://westielovers.com/the-importance-of-midband-5g-for-european-economic-growth/ As Europe seeks to emerge from the uncertain environment of the pandemic, mobile continues to have a role to play in connecting a better future. Productivity gains made in the 2010s, thanks to the development of 4G, have helped the world teach, talk, transact and do business more efficiently. Today, these advantages are closely […]]]>

As Europe seeks to emerge from the uncertain environment of the pandemic, mobile continues to have a role to play in connecting a better future. Productivity gains made in the 2010s, thanks to the development of 4G, have helped the world teach, talk, transact and do business more efficiently.

Today, these advantages are closely linked to the European economy, and a new phase of development can now come from the deep integration of 5G into the lives of individuals, societies and businesses.

There is strong evidence that shows how spectrum allocation could be a powerful driver of industrial development and economic growth over the next decade. The latest data from the GSMA – an analysis of the direct monetary impact of 5G mid-band – shows the potential socio-economic benefits at stake of mid-band spectrum at 1-7 GHz. Disturbingly, governments and regulators are still grappling with how much midband spectrum mobile operators need.

With the right regulatory tools, 5G can become a central pillar of European economic development strategies. Its benefits for sectors such as manufacturing, services (including health and education) and public administration (including smart cities) can catalyze a new wave of economic growth.

A new phase of development

5G networks offer substantial improvements over 4G, including faster connection speeds, greater capacity, and lower latency. This increased performance allows 5G networks to support new use cases and applications, which have the potential to benefit a wide range of industrial sectors. 5G’s promise of consistent user access to these speed, capacity and latency improvements will make this possible, but will rely on a natural resource: spectrum.

Europe stands to benefit significantly and quickly from midband 5G. GSMA data predicts a $67 billion increase in European GDP produced by mid-band 5G in 2025, reaching a $121 billion increase in GDP in 2030. This will represent approximately 0.4% of regional GDP by the end of the decade.

Due to their size, the economies of Germany, the UK and France are expected to generate the greatest benefits from 5G midband in the region. However, the relatively high level of 5G penetration expected by 2030 across Europe will translate into significant benefits as a percentage of GDP across the continent.

Mid-band spectrum is needed for the bandwidth and capacity increases required by 5G applications. It will play a key role in meeting demand for mobile data services and new mobile broadband use cases, such as enhanced fixed wireless access, mobile broadband, as well as the Internet of Things ( IoT) and Industry 4.0. These applications will increase the impact that mobile services can have on social and economic growth.

The Economic Benefits of Midrange Spectrum: $610 Billion to Global GDP in 2030

The GSMA Intelligence study, The socio-economic benefits of midband 5G servicesfound that globally, mid-range 5G could generate $610 billion in GDP growth in 2030, or 65% of total 5G benefits.

5G in its entirety is expected to bring an additional $960 billion in added value to GDP for the global economy, or approximately 0.70% of projected global GDP in 2030. Although previous research has considered the potential economic impact of 5G, the specific contribution of the 5G band spectrum is less well understood.

Expected economic growth by tranche:

  • Mid-band 5G will be worth more than $610 billion (about 65% of total 5G profit).
  • Low-band 5G is expected to account for $130 billion (14% of total 5G profit).
  • 5G broadband adds an additional $220 billion to GDP growth (23% of total 5G benefit).

Global Economic Impact of Spectrum Constraints: Up to 40% Loss of 5G Benefits

In addition to investigating the overall benefits that 5G mid-band spectrum can deliver with sufficient spectrum allocation in the midbands, the survey also considered a scenario where mid-band spectrum is constrained to current levels. .

As 5G relies on midband spectrum to realize its full potential, the global economy could lose up to 40% of the expected benefits of 5G if no additional midband spectrum is allocated. to mobile services. The global benefits of 5G in 2030 could increase from 0.68% of GDP to 0.42% of GDP (less than $600 billion) if spectrum is limited.

Spectrum increases mobile network capacity – for a given number of users, more spectrum means faster speeds. Whenever mobile traffic demand exceeds capacity and spectrum availability is limited, mobile operators are typically faced with two choices. They must either increase the density of their network to meet traffic demand and/or accept some degradation in the quality of performance felt by users:

  • Network densification leads to higher deployment costs for mobile networks and therefore affects both operators and consumers (cost increases being passed on to consumers in the form of higher prices).
  • The quality degradation affects subscribers who would experience poorer network performance and slower speeds. Higher densification can also cause interference between high-density transmitters and reduce quality of service.

The actual result will likely be a combination of the two, creating a vicious circle where 5G becomes both lower quality and more expensive. This will lead to slower adoption of 5G and less economic impact.

Beyond the potential economic benefits, the GSMA Intelligence Report also analyzed the impact if the capacity needs of 2 GHz of mid-band spectrum are not met. The assessment shows that in a situation where spectrum is limited to today’s assignments, up to 40% of the economic impact could be lost.

Simply put, if spectrum is constrained at current levels as demand for services grows, rising network congestion and deployment costs will stifle 5G. Network quality and speed will suffer, limiting 5G adoption and its economic impact.

Manufacturing delivers on the promise of 5G

5G mid-band applications will primarily be used to benefit the manufacturing, government/utility, ICT and retail sectors across Europe. The fact that 5G will bring the strongest growth in this economic zone is not surprising.

Manufacturing continually seeks to improve its process productivity, reduce costs and remain competitive on the global stage. It is well positioned to take advantage of the growing deployment of 5G and the services and opportunities that will arise from ubiquitous and ubiquitous connectivity. Predictive maintenance, machine vision and XR are all part of a wide range of 5G applications that manufacturing can leverage.

The coming years will decide how well 5G can deliver on its promise. Spectrum is necessary to provide fast and affordable services. Governments and industry must work together on this – through WRC-23 and in national processes – to ensure that 5G can fuel a new phase of economic growth.

The manufacturing sector, as well as the public administration and service sectors, are expected to generate most of the benefits associated with midband 5G spectrum. However, 5G will also drive innovation in other sectors, including retail, agriculture and transportation.

Forward-thinking on the spectrum

Governmental and regulatory measures are necessary. In 2021, the GSMA presented its vision of how much midband spectrum mobile operators will need between 2025 and 2030. It found that an average of 2 GHz of midband spectrum per market is needed to get the job done.

In Europe, this goal leaves a deficit of about 0.95 GHz compared to current allocations in most markets. The region has always been proactive when it comes to spectrum – the 800 MHz band and the early allocation of 3.6-3.8 GHz are two examples – but the capacity for 5G expansion requires attention; 3.8-4.2 GHz is an opportunity currently under discussion.

However, with 4.8-4.99 GHz unlikely to be available in Europe, using the higher 6 GHz for licensed 5G becomes essential to avoid unsustainable small cell densification and to keep pace with emerging leaders. connectivity in East Asia, the Middle East and elsewhere. While countries like Finland are leading the way in managing vertical market spectrum demand without using reserves, other countries have yet to ensure that core 5G bands are made available to all.

The GSMA recommends that at least 6425-7125 MHz be made available for licensed 5G, especially in markets that do not use the 3.8-4.2 GHz macro cell. Carrying out a cost-benefit analysis of these ranges will benefit all consumers. This requires a detailed study of the impact of 5G’s reduced performance and penetration versus the perceived benefits of greater Wi-Fi access spectrum or other legacy users.

Connectivity is intimately linked to the economic agility of each country. 5G can propel Europe into a new decade of digital development, but it needs tools to get the job done.

]]>
Binance launches crypto payment card for Ukrainians fleeing their country during Russian invasion https://westielovers.com/binance-launches-crypto-payment-card-for-ukrainians-fleeing-their-country-during-russian-invasion/ Tue, 26 Apr 2022 16:18:49 +0000 https://westielovers.com/binance-launches-crypto-payment-card-for-ukrainians-fleeing-their-country-during-russian-invasion/ Cryptocurrency exchange Binance announced on Tuesday that it has launched a card for Ukrainian users who fled their country due to the Russian invasion, saying the blockchain-based currency is an effective way to meet people’s financial needs. ’emergency. Displaced Ukrainians can use the card to make or receive crypto payments and make purchases at retailers […]]]>

Cryptocurrency exchange Binance announced on Tuesday that it has launched a card for Ukrainian users who fled their country due to the Russian invasion, saying the blockchain-based currency is an effective way to meet people’s financial needs. ’emergency.

Displaced Ukrainians can use the card to make or receive crypto payments and make purchases at retailers in the EEA that accept card payments, the world’s largest cryptocurrency exchange said in a statement.

“At such a difficult time for Ukraine, it is clear that cryptocurrencies are useful as they offer a fast, cheap and secure way to transfer funds to help people meet their urgent financial needs,” said Helen Hai, Head of Binance Charity, in the statement. . New Binance users must complete an application according to the Know Your Customer guidelines.

More than 5 million people have left Ukraine in search of safety from the Russian invasion, according to the United Nations High Commissioner for Refugees. Russia, in its war against the former Soviet republic, bombed the capital kyiv and the coastal cities of Mariupol and Odessa, among others.

The Binance Charity donation platform works with nonprofit organizations to provide crypto-based cash assistance through the card that will allow relatives or acquaintances to transfer crypto to Binance cards and wallets.

Refugees who are verified by local nonprofits and who applied for the card will receive $75 worth of Binance cryptocurrency, equivalent in value to $75, every month for three months. The BUSD cryptocurrency will be automatically converted to local currency when paying by card, the exchange said.

]]>
Business News | Stock and Equity Market News | Financial news https://westielovers.com/business-news-stock-and-equity-market-news-financial-news/ Sun, 24 Apr 2022 08:18:35 +0000 https://westielovers.com/business-news-stock-and-equity-market-news-financial-news/ Search mutual fund quotes, news, net asset values Adani Wilmar INE699H01024, PUNCH, 543458 HDFC Bank INE040A01034, HDFCBANK, 500180 Infosys INE009A01021, INFY, 500209 Tata power INE245A01021, TATAPOWER, 500400 Addiction INE002A01018, TRUST, 500325 […]]]>












Moneycontrol PRO














It is essential for the Nifty to hold above 17,149 as failure to do so may initially extend weakness to 16,978, experts say.

Trade Setup for Monday: 15 Things to Know Before the Bell Opens


  • Exclusive :

  • Nifty 17900 and above, Sensex 435 and above – Nifty 17900

  • Sensex 600 अंअं तटूट, जजननएए वजह?

  • Policybazaar Reimbursement of the IPO: कआपोो शमहींल औमलल लौटलौट हींलौट हींलौटतो लौटयहैहै ?? क्यय

  • वेक केददमद ोफडणवीोोज ोो ुपयभोड़ोड़ का ुपयमोडह༼

  • Kafeel Khan: योगी सरकार ने गोरखपुर के BRD कॉलेज के डॉ. More information

  • करंंी पप आगव् ीीीीीीयलीीीीफीफफयलफफटीफफफफटीटफ

  • SBI या Post office? जआपनो हआपहं कवववं करकववग कबबललगबबबबंंंंंंंतंं

  • nykaa IPO:

  • Yes Securities नमजोमजो तीजोंे तीजोंे तीजोंबद ीीमंटंट ीीईईईंगंगंगंगंगंगंगंगंगएए

  • MSCI

  • Kangana Ranaut: जपदनंं कयों कयोंण जौहजौह ोो हीहीही ंगंगंग ौत ौत ौत?

  • E-GCA launch: न्योतयोतरटफॉमय नेंधंधलइ न्ललटफॉटफॉ्म E-GCA कययय कलॉयय कलॉययलॉचचचचचचचच

  • एफडीएे एफडीएलग लगलगझट, ययफममम 4य 4 4 4 4 4 4य 4 4 4 4 4 4यय

  • ोवयययमह महमहमममी महे फैलफैल –



name Price Switch % changes
Nhpc 35.55 -0.50 -1.39
Sbi 500.60 -15.70 -3.04
ntpc 160.45 -2.25 -1.38
Indiabulls Hsg 159.20 -3.00 -1.85

Forum

Forum

YOUR OPINION

Which of these youngsters will score the most runs this ipl?

COMMENTS

Thank you for voting