Manufacturing Buyer is changing
The world markets for manufacturers and online eCommerce has and is radically changing. Where today’s buyers of manufactured goods are rapidly adopting the newer approaches, they are adopting a much faster and more effective shopping path for manufactured goods, especially in developing counties.
“We regret that the Iranian scientist Mohsen Fakhrizadeh lost his life as a result of an armed attack in Tehran. We condemn this heinous murder and extend our condolences to the government of Iran and the family of the deceased,” said Turkey’s Foreign Ministry in a statement.
Getting in one last bit of work before the long weekend, the US Census Bureau released its Monthly Advance Economic Indicators Report for October on the day before Thanksgiving. Advance wholesale inventories were up for the month of October, by 0.9%. The August to September percentage change was revised from up, 0.4% to up 0.7%.
The escalation of the Nagorno-Karabakh conflict, and the subsequent ceasefire, has been on the forefront of the news around the globe. Earlier this month, the ceasefire agreement was signed by Russia, Armenia, and Azerbaijan. History tends to repeat itself, but the future of Armenia can be problematic.
A Turkish court on Thursday sentenced 337 people, amongst them Air Force officers and pilots, for the failed coup attempt against President Recep Tayyip Erdogan’s government in 2016. It is the grand trial that has been ongoing in the nation’s capital city, Ankara, that culminated in the mass sentencing.
This week, the Venezuelan leader of the opposition, Juan Guaido, gave an interview regarding the continuation of the US’ bipartisan support of the Venezuelan opposition by the newly-elected US President, Joe Biden, and his administration. However, Venezuela can suffer the same fate as Syria, except the trajectory will differ.
A friend of Jamal Khashoggi said today that the Saudi journalist received threats from an adviser to Crown Prince Mohammed bin Salman. Twenty Saudis, including two relatives of MBS, are on trial in absentia in Istanbul for the assassination of Khashoggi at the Saudi consulate in Istanbul in October 2018.
The President of Turkey, Recep Tayyip Erdogan, made a statement that Turkey is part of Europe. Hence, making a claim that Turkey is part of Europe is a strategic move, and yet another attempt to join the European Union. President Erdogan has also been accused of wanting to restore the Ottoman Empire.
A Russian peacekeeping contingent has been stationed in the “Armenian” part of Nagorno-Karabakh after a ceasefire agreement was signed by Russia, Armenia, and Azerbaijan. The agreement came into force on the November 10th. Currently, the Russian peacekeeping units carry out a number of duties.
Late last month, sports equipment company Under Armour announced it was cutting ties with some 2,000 retailers over the next two years. In doing so, Under Armour would focus on building up its direct-to-consumer business. Promo Marketing reported a more than 50% growth in Under Armour’s e-commerce business during the third quarter, with a 17% increase in direct-to-consumer sales.
The Nagorno-Karabakh conflict has been frozen, for now. The ceasefire agreement was signed last week between Russia, Armenia and Azerbaijan. It is a loss for Armenia, due to Prime Minister Nikol Pashinyan’s failed leadership. As a result, Russian peacekeepers entered the region.
US Secretary of State Mike Pompeo told the Paris-based newspaper Le Figaro that the US and European governments must work together to address the policies pursued by Turkish President Recep Tayyip Erdogan in the Middle East over the past few months. During his visit to Turkey, Secretary Pompeo refused to meet with the Turkish Foreign Minister.
You probably never dreamed you’d be in search of a job during a global pandemic. Talk about challenges, right? Okay, before you get down and think your chances just slid to the floor, let’s look at what you can do to make the most of your time, and how you can land that next job interview.
One of the first things to consider is how you present yourself to others. Have you evaluated your personal brand lately? What makes you a valuable candidate to prospective employers? How will you stand out in a crowded marketplace? What transferable skills do you have? What are your strengths and how can you amplify them? Consider what courses are available to help you stay competitive in your industry. By evaluating your personal brand, you’ll get an overarching view of how potential employers see you.
A ceasefire agreement has been signed between Russia, Armenia, and Azerbaijan pertaining to the Nagorno-Karabakh Region. The agreement entails Russian peacekeepers overseeing the mission. Meanwhile, Armenian Prime Minister Nikol Pashinyan said that he is in Armenia, and continues to fulfill his duties.
On November 3rd, American citizens voted to elect the new President of the United States. The winner is Democrat Joe Biden, who has a long history in politics. Many major changes are coming to the US’ national and foreign policies in the new year. Furthermore, for the European Union, it will be a welcome change.
Congratulations began pouring in from around the world in earnest after it emerged on Saturday that Democratic candidate Joe Biden had taken an insurmountable lead over President Donald Trump in the near-complete tally of Tuesday’s elections. Notably, however, some top world leaders have up to now remained silent.
Necessity is often the mother of investment. The Great Lockdown, itself made necessary by the coronavirus pandemic, has caused the disruption of many sectors of the economy, a tidal wave of business closings, and even the collapse of entire industries. However, as is often the case in economic downturns, it’s not all bad news.
On the night of November 7, unknown people fired at the honorary consulate of Azerbaijan in Kharkiv, the press service of the National Police in Kharkiv region reports. The shots were fired at about 2:30 p.m. They shot at the window and the front door. Police found 2 shell casings and 3 remains of metal at the scene.
Iraqi prime minister called on police and security forces not to shoot at protesters, yet two young men were killed in police shootings during anti-government demonstrations in Baghdad and Basra. The young man killed in Baghdad has been one of the main figures in the protests.
Facebook Instagram, Twitter, Periscope, YouTube and TikTok platforms have been hit with heavy fines since a new law came into force in Turkey to tighten regulation of social networks. They were each fined 10 million liras ($1.174 million) for not naming their local representative at the appointed time.
The French government has announced a ban on and the disbanding of the Turkish nationalist group, the Gray Wolves, who are accused of hate speech and violence in France. Turkey’s response was swift, describing it as a “provocation.” Ankara furthermore promised a “firm response” to the moves by the French government.
Last week, French President Emmanuel Macron launched and “leaked” an offensive against the “Islamic order.” This offensive has a utilitarian and local character, and hardly at all pulled on a new “crusade” that the French public would not imagine. However, as usual, in such cases, the result gives way to pure politics.
A three year old child has been rescued alive from the rubble following a powerful earthquake which hit Turkey on Friday. The death toll increased to 91 as more bodies were retrieved overnight and on Monday morning. The baby, Elif Perincek, was stuck under the debris for around 65 hours.
On October 29, the World Gold Council released a gold demand trend report showing that in the third quarter of this year, global gold demand declined. World Gold Council said that in the context of the epidemic, countries used gold reserves to support the domestic economy.
According to the latest news, the number of victims of the Turkish earthquake has reached 25 dead and 800 injured. Two people were killed and eight were injured on the Greek island of Samos. A magnitude 6.6 earthquake shook the Aegean Sea off the southwestern coast of Turkey near the tourist city of Hesar in Izmir province.
Armenian Prime Minister Nikol Pashinyan has asked the Russian president for help in securing his country. The Armenian Foreign Ministry announced on Saturday (October 31st) that Prime Minister Nikol Pashinyan had officially asked Russian President Vladimir Putin to launch an “urgent consultation” on ensuring Armenia’s security.
A senior security source in Indonesia said that before US Secretary of State Pompeo visited Indonesia on Thursday (October 29), Indonesia deported three Uyghurs from prison to China. The source said that this action occurred before Pompeo arrived in Indonesia and met with Indonesian President Widodo.
French authorities have detained a man suspected of having contacted the perpetrator of Thursday’s attack in Nice, France, which killed three people at a local Catholic church. As per preliminary investigations, the 47-year-old man is suspected of having kept in touch with the attacker, and was taken into police custody on Thursday night.
On Wednesday, the U.S. Census Bureau released a preliminary report on data pertaining to wholesale inventory for the month of September. Wholesale inventory in the United States was shown to have decreased by 0.1% in September. This is compared to a 0.3% increase in August, which itself was revised from 0.4%.
France “will never renounce its principles and values,” in regard to its recent tough stance on Muslims, despite what it terms as “attempts at destabilization and intimidation” by Turkey. This has been said Wednesday by the spokesman for the Franch president, Gabriel Attal, who also underscored “a strong European unity.”
Abbas Araghchi, Iran’s Deputy Foreign Minister for Political Affairs and President Hassan Rouhani’s Special Envoy to Baku arrived in the capital of the Republic of Azerbaijan, on Wednesday at the head of a delegation. Araghchi arrived in Baku with a proposed peace plan.
Following the Coronavirus epidemic, Turkey’s currency has depreciated by a record amount against the dollar due to Turkey’s dispute with its NATO allies. In a recent speech, Turkish President Recep Tayyip Erdogan forged bitter relations with several other countries, including France and the United States.
Dissatisfied with French President Emmanuel Macron’s statement on Muslims and Islam, some Arab countries have begun to boycott French goods. The French Ministry of Foreign Affairs issued an appeal to stop the boycott, and President Macron has also responded.
The President of Turkey, Recep Tayyip Erdogan, implored the citizens of his country Monday not to buy products from France. His remarks came in retaliation for the strong position taken by France against Islamic groups, following the beheading of one of its teachers by a radical Muslim young man.
The Austrian Chancellor, Sebastian Kurz, and the European Union’s Minister of Foreign Affairs, Josep Borrell, have strongly condemned the insults of Turkish President Recep Tayyip Erdogan, aimed his French counterpart, Emmanuel Macron. On his part, the Chancellor made his thoughts known on Twitter.
The escalation of the Nagorno Karabakh conflict happened in September and continues today. The President of Turkey, Recep Erdogan is supporting Azerbaijan. The conflict is pertaining the Nagorno Karabakh region. Azerbaijan believes the territories should be returned to them.
Turkey made an official statement pertaining the refusal of the contract termination with Russia. The S-400 anti aircraft systems will be supplied to Turkey. It has been in service with the Russian Armed Forces since 2007. The announcement came directly from the president of Turkey Recep Tayyip Erdogan.
The Turkish president launched a sharp attack on his French counterpart, asking him to “check his mental health”, due to the latter’s proposal to protect his country’s secular values. For its part, Jordan condemned the re-publication of the caricatures of the Prophet Muhammad “under the pretext of freedom of expression.”
In separate meetings with his Azeri and Armenian counterparts, US Secretary of State Mike Pompeo called for an end to the war in Nagorno-Karabakh. Azerbaijan has stated that it is ready to resume political talks after the occupation of Nagorno-Karabakh by Armenia.
According to news sources, the euro against the dollar is likely to remain firm in the 1.15-1.20 range as risk sentiment improved, and the European Central Bank is likely to remain with unchanged policies. The new coronavirus cases and increased restrictions will limit the euro’s gains.
The Associated Press reported last week that US wholesale prices jumped 0.4% in September, continuing a three-month trend. This is in contrast to a Reuters report, also from last week, which showed a 0.8% drop in Japanese wholesale prices over the same month.
The European Union discussed (but failed to agree on) sanctions against Turkey over the weekend, Euronews reported. Several countries want to punish Turkey for violating the sovereign rights of Greeks and Cypriots in the Eastern Mediterranean. However, Germany, Spain, Italy, Hungary, and Malta blocked the proposal.
Erdogan made a statement that he does not recognize the Crimea as part of Russia. The Kremlin representative said that the Union of Russia and Turkey is impossible after Erdogan’s words about Crimea. “Erdogan has his own agenda. We can’t even talk about any ‘Union’,” Pushkov said.
Earlier this week, Reuters reported that Japanese wholesale prices fell by 0.8% in September, marking the seventh consecutive month of year-on-year declines. Prices also declined by 0.2% as compared to August, the first on-month decline in Japan in four months. Their data was courtesy of the Bank of Japan (BOJ).
India’s GDP has just dropped by a whopping 24% in the last quarter, one of the biggest drops globally. The core reason for this significant decline was that India had one of the strictest COVID 19 economic lockdowns in the world.
This greatly and negatively affected the livelihoods of millions of Indians. So what can Indians do to repair their economy and increase lost incomes for their millions of citizens? A study has shown almost all countries need to grow and establish new Global Value Chains (GVC). Almost nothing has been proven better to raise incomes and reduce poverty, while requiring very little government involvement or costs.
Many industries and sectors across the global economy have greatly suffered as a result of the coronavirus pandemic and the associated recession caused by the Great Lockdown. Demand for some goods and services has simply collapsed, while in other areas, the means of distributing them to retailers or consumers has been severed or greatly disrupted.
Russia SVR made a public statement that Turkey is supporting Azerbaijan in the Nagorno-Karabakh conflict. Turkey’s open and unequivocal support for Azerbaijan is a fundamentally new external factor that affects the nature of the current aggravation of the situation in Nagorno-Karabakh, SVR head Sergey Naryshkin said to Tass.
Last Wednesday, the Turkish Statistical Institute published data pertaining to the nation’s foreign trade. The situation looks troublesome. Turkey has been on the forefront of the news for the past week, regarding President Recep Tayyip Erdoğan’s support of Azerbaijan in the Nagorno-Karabakh conflict.
Indonesia is the largest economy in Southeast Asia, both in terms of population (267 million people) and economic size with a GDP of $1.12 Trillion.
Can this archipelago’s future economic growth match demographic youthful transition for the next few years with an average age of their citizens at 30.5 years? Studies have shown and Indonesia needs to expand their global value chain, as it has been proven to raise incomes and reduce poverty.
The coronavirus pandemic, and the associated Great Lockdown designed to contain it, have wreaked havoc on the global economy throughout 2020. The global wholesale market is no exception. Forecasters believe this typically robust market will experience an industry-wide decline over the course of the year.
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