6 Toros 6 http://6toros6.com/ Thu, 24 Nov 2022 02:08:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://6toros6.com/wp-content/uploads/2021/05/cropped-icon-32x32.png 6 Toros 6 http://6toros6.com/ 32 32 Mary Peltola seeks to thwart Sarah Palin as Alaska tabulates ranked picks voting results https://6toros6.com/mary-peltola-seeks-to-thwart-sarah-palin-as-alaska-tabulates-ranked-picks-voting-results/ Thu, 24 Nov 2022 02:08:00 +0000 https://6toros6.com/mary-peltola-seeks-to-thwart-sarah-palin-as-alaska-tabulates-ranked-picks-voting-results/



CNN

Alaska representative Marie Peltolathe Democrat, who won a special election that sent her to Congress this summer, will once again thwart the former governor. Sarah Pallinoffer for a political comeback. CNN predicted on Wednesday that Peltola would win the race to Alaska Big House Headquarters after the state ranked choice voting boarddefeating Palin and Republican Nick Begich III.

CNN also predicted that Republican Senator Lisa Murkowski would be re-elected. She will beat Republican Kelly Tshibaka and Democrat Patricia Chesbro. CNN previously predicted that a Republican would fill the seat.

And Republican Gov. Mike Dunleavy will be re-elected, CNN predicted. He beat Democrat Les Gara and Independent Bill Walker. Dunleavy won over 50% of the first-choice votes, so tabulating the ranked picks was unnecessary.

In Alaska, voters in 2020 approved a move to a ranked-choice voting system. It is in place in 2022 for the first time.

Under the new system, Alaska holds open primaries and voters vote for a candidate from any party, and the top four advance. In the general election, voters rank these four candidates from their first choice to their fourth choice.

If no candidate exceeds 50% of the first choice votes, the state then tallies the results of the ranked choices – removing the last runner-up and moving those votes to the voters’ second choices. If, after one round of tabulation, there is still no winner, the third is dropped and the same vote change process takes place.

Peltola first won the House seat when a similar scenario unfolded in the August special election to fill the remaining months of the term of the late Rep. Don Young, a Republican who died in March after representing Alaska in the House for 49 years.

Presenting herself as a supporter of abortion rights and an advocate for salmon fishing, Peltola emerged victorious in the August special election after securing just 40% of the votes for first place. This time she has a bigger share, while Palin and Begich’s support has dwindled.

The home run highlighted the unusual alliances in Alaskan politics. Although Peltola is a Democrat, she is also close to Palin — whose term as governor coincided with Peltola’s time as a state legislator in Juneau. The two warmly welcomed each other. Palin criticized the ranked voting system. But she never targeted Peltola in personal terms.

Republicans in the race, Palin and Begich, both urged voters to “rank red” and put the two GOP contenders first and second.

But Peltola had quickly won over many in the state after her special election win — in part because she has deep relationships with a number of Republicans.

Peltola told CNN in an interview that she and Palin bonded over Juneau because they were new mothers, and that Palin’s family gave Peltola’s family her backyard trampoline when Palin resigned from the governor’s office.

At a Federation of Alaska Native candidates forum in October, Palin praised Peltola effusively.

“Doggone, I never have anything to complain about. I just wish she would convert to the other part. But other than that, love her,” Palin said of Peltola.

Peltola’s family was also close to the late Young’s family. Peltola and Young’s father had taught together decades ago and were chasing buddies, Peltola said in an interview.

In the race for the Alaska Senate seat, Murkowski, a moderate Republican, was targeted by former President Donald Trump after voting to convict him during his impeachment trial following the January 6 attack. 2021 against the US Capitol. Murkowski also broke with Trump on a number of key votes during his presidency.

Trump endorsed Tshibaka and a group of former Trump campaign officials worked on his campaign. She was also endorsed by the Alaska Republican Party, which chose to back the most conservative candidate in a state that Trump won by 10 percentage points in 2020.

But Murkowski had built a broad coalition in a state where political alliances are often more complicated than it seems. She and Peltola had publicly declared that they would rank first in their elections.

Chesbro, the Democrat, was among four candidates who ran in the general election. Republican Buzz Kelley also advanced, but gave up and urged his supporters to vote for Tshibaka.

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LCNB Corp. (NASDAQ:LCNB) raises dividend to $0.21 per share https://6toros6.com/lcnb-corp-nasdaqlcnb-raises-dividend-to-0-21-per-share/ Wed, 23 Nov 2022 14:21:51 +0000 https://6toros6.com/lcnb-corp-nasdaqlcnb-raises-dividend-to-0-21-per-share/

LCNB Corp. (NASDAQ: LCNBGet a rating) declared a quarterly dividend on Monday, November 21, Zacks reports. Shareholders of record on Thursday, December 1 will receive a dividend of 0.21 per share from the bank on Thursday, December 15. This represents a dividend of $0.84 on an annualized basis and a yield of 4.69%. The ex-date of this dividend is Wednesday, November 30. This is a boost from LCNB’s previous quarterly dividend of $0.20.

LCNB has increased its dividend payout by an average of 5.8% per year over the past three years and has increased its dividend annually for the past 4 consecutive years. LCNB has a dividend payout ratio of 44.0%, indicating that its dividend is sufficiently covered by earnings.

LCNB stock up 1.8%

LCNB opened at $17.92 on Wednesday. LCNB has a fifty-two week low of $14.73 and a fifty-two week high of $20.69. The company has a market capitalization of $201.96 million, a P/E ratio of 9.90 and a beta of 0.71. The company’s 50-day moving average is $16.69 and its 200-day moving average is $15.97. The company has a debt ratio of 0.13, a current ratio of 0.84 and a quick ratio of 0.84.

Analysts set new price targets

Separately, StockNews.com upgraded LCNB from a “buy” rating to a “strong buy” rating in a Sunday, November 13 research note.

Institutional investors weigh on LCNB

Several large investors have recently changed their positions in the company. Vanguard Group Inc. increased its stake in LCNB by 2.0% during the first quarter. Vanguard Group Inc. now owns 549,216 shares of the bank worth $9,644,000 after buying an additional 10,925 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings of LCNB shares by 4.7% in Q1. Dimensional Fund Advisors LP now owns 402,739 shares of the bank worth $7,072,000 after purchasing an additional 18,243 shares during the period. Renaissance Technologies LLC increased its stake in LCNB by 6.7% in the first quarter. Renaissance Technologies LLC now owns 169,116 shares of the bank valued at $2,970,000 after purchasing an additional 10,600 shares in the last quarter. Millennium Management LLC increased its position in LCNB by 9.6% in the second quarter. Millennium Management LLC now owns 167,675 shares of the bank worth $2,507,000 after purchasing an additional 14,643 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its stake in LCNB shares by 2.0% in the first quarter. Bank of New York Mellon Corp now owns 67,698 shares of the bank valued at $1,189,000 after purchasing 1,318 additional shares during the period. 37.39% of the shares are held by hedge funds and other institutional investors.

About LCNB

(Get a rating)

LCNB Corp. is the financial holding company of LCNB National Bank which provides banking services in Ohio. Its deposit products include checking accounts, demand deposits, savings accounts, NOW and money market deposits, and certificates of deposit. The Company’s lending products include commercial and industrial real estate, commercial and residential, agricultural, construction and small business administration loans; and residential mortgage loans which consist of loans for the purchase or refinancing of personal residences, home equity lines of credit and loans for commercial or consumer purposes secured by residential mortgages.

See also

Dividend History for LCNB (NASDAQ:LCNB)

This instant news alert was powered by MarketBeat’s narrative science technology and financial data to provide readers with the fastest and most accurate reports. This story was reviewed by MarketBeat’s editorial team prior to publication. Please send questions or comments about this story to contact@marketbeat.com.

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Five students present at the annual conference of the Pop Culture Association South https://6toros6.com/five-students-present-at-the-annual-conference-of-the-pop-culture-association-south/ Tue, 22 Nov 2022 19:53:23 +0000 https://6toros6.com/five-students-present-at-the-annual-conference-of-the-pop-culture-association-south/
Left to right, Emma Kicklighter, Mandia Roberts, Aylah Birks, Cameron Hutchins and Laila Siyam. Photo by Kevin Cummings.

MACON — Five Mercer University students presented at the 2022 Southern Popular Culture Association and Southern American Cultural Association (PCAS/ACAS) conference, held Oct. 13-15 in New Orleans, Louisiana.

Along with the publication of two journals – Pop Culture Studies and Studies in American Culture – PCAS and ACAS meet annually to present and discuss ideas about popular culture, American culture, and culture around the world.

  • Aylah Birksa sophomore in neuroscience from Dry Branch, presented “Liberation, Heroism, and Black Redemption: Having a Dream By Any Means Necessary.”
  • Cameron Hutchins, a sophomore in Anthropology and Global Health Studies from Gwinnett County, presented “What’s So Wrong About Pink?” The modern effects of sexism in the world.
  • Emma Kicklighter, a young neuroscience student from Blackshear, presented “Genetically Modified Organisms Can’t Harm, Or Can They?” » Jurassic Park and the dangers of GMOs.
  • Mandia Robertsa sophomore in Global Health Studies and a Spanish double major from Nassau, Bahamas, presented “The plight of the race that bears the hate you give”.
  • Laila Siyama sophomore kinesiology student from Rocky Face, presented “Evil Begets Evil: How Monsters Are Created.”

“Mercer does a fantastic job supporting student research,” said Dr. Kevin Cummings, professor and chair of the Department of Communication Studies and Theater Arts at the College of Liberal Arts and Sciences. “I am delighted that we are able to help students who wish to share their work and incredibly proud of the work these five incredible students have done to present their findings.”

“It is a testament to the strength of Mercer students as researchers, Dr. Cummings as a teacher, and the rigor of the University’s Integrative Curriculum (INT) program that these five students were able to write essays in a classroom of class which, after some modifications and comments. , could take their place in the “big leagues” among graduate students and long-time scholars,” added Dr. Cameron Kunzelman, Deputy Director of Fellowships and Co-Director of the Communication Theory Research Laboratory. “I’m very proud of these students for presenting at a major professional academic conference like the Pop Culture Association South.”

About the College of Liberal Arts and Sciences

Mercer University’s College of Liberal Arts and Sciences is the academic cornerstone of one of America’s oldest and most distinctive institutions of higher education. The oldest and largest of Mercer’s 12 schools and colleges, it is a diverse and vibrant community, with more than 1,900 students, dedicated to learning and service through the practice of intellectual curiosity, respectful dialogue and responsible citizenship. The College of Liberal Arts and Sciences offers majors in more than 30 fields of study, including more than a dozen pre-professional academic streams, with courses taught by an exceptional faculty. In 2015, Mercer received a chapter from the Phi Beta Kappa Society, the nation’s most prestigious academic honor society that recognizes outstanding achievement in the arts and sciences. For more information, visit liberalarts.mercer.edu.

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Science of the early release of exoplanet WASP-39b with JWST NIRCam https://6toros6.com/science-of-the-early-release-of-exoplanet-wasp-39b-with-jwst-nircam/ Tue, 22 Nov 2022 03:10:37 +0000 https://6toros6.com/science-of-the-early-release-of-exoplanet-wasp-39b-with-jwst-nircam/

Transmission spectrum measured against the forward atmospheric model grids. Top: The best fit for each model grid (represented by solid colored lines; PICASO 3.0, ATMO, PHOENIX), corresponds to the planetary spectrum (Eureka reduction!) with χ ν 2 ≤ 1.22. All individual best fits prefer at least solar metallicity and substantial cloud cover. Also represented by a gray dotted line is an atmospheric model of solar metallicity, stellar C/O ratio, demonstrating the lack of methane uptake observed in the spectrum. Because we can set an upper limit on the abundance of CH, the preferred C/O ratio found by the model grids is 4 substellar. Bottom: Residuals of each best fit, represented by the model spectrum subtracted from the reduced spectrum and divided by the transit depth uncertainty. The residuals show wavelength-dependent correlations, the origin of which is unknown and left for future study. — astro-ph.EP

Measuring metallicity and the carbon-oxygen (C/O) ratio in exoplanet atmospheres is a fundamental step in limiting the dominant chemical processes at work and, if in equilibrium, revealing the history of the formation of planets.

Transmission spectroscopy provides the necessary means by limiting the abundances of oxygenated and carbonaceous species; however, this requires wide wavelength coverage, moderate spectral resolution, and high precision which together are not achievable with previous observatories.

Now that JWST has begun its scientific operations, we are able to observe exoplanets at previously unexplored wavelengths and spectral resolutions. Here, we report time-series observations of the transiting exoplanet WASP-39b using JWST’s near-infrared camera (NIRCam). The long-wavelength spectroscopic and short-wavelength photometric light curves span from 2.0 to 4.0 μm, exhibit minimal systematics, and reveal well-defined molecular absorption features in the spectrum of the planet. Specifically, we detect gaseous H2O in the atmosphere and place an upper limit on the abundance of CH4.

The otherwise prominent CO2 feature at 2.8 μm is largely masked by H2O. The best-fitting chemical equilibrium models favor an atmospheric metallicity of 1-100× solar (i.e. enrichment in elements heavier than helium relative to the Sun) and a carbon-oxygen ratio (C /O) substellar. The inferred high metallicity and low C/O ratio may indicate significant accretion of solid materials during planet formation or disequilibrium processes in the upper atmosphere.

Eva-Maria Ahrer, Kevin B. Stevenson, Megan Mansfield, Sarah E. Moran, Jonathan Brande, Giuseppe Morello, Catriona A. Murray, Nikolay K. Nikolov, Dominique JM Petit dit de la Roche, Everett Schlawin, Peter J. Wheatley, Sebastian Zieba, Natasha E. Batalha, Mario Damiano, Jayesh M Goyal, Monika Lendl, Joshua D. Lothringer, Sagnick Mukherjee, Kazumasa Ohno, Natalie M. Batalha, Matthew P. Battley, Jacob L. Bean, Thomas G. Beatty, Björn Benneke, Zachory K. Berta-Thompson, Aarynn L. Carter, Patricio E. Cubillos, Tansu Daylan, Néstor Espinoza, Peter Gao, Neale P. Gibson, Samuel Gill, Joseph Harrington, Renyu Hu, Laura Kreidberg, Nikole K. Lewis, Michael R. Line, Mercedes López-Morales, Vivien Parmentier, Diana K. Powell, David K. Sing, Shang-Min Tsai, Hannah R Wakeford, Luis Welbanks, Munazza K. Alam, Lili Alderson, Natalie H. Allen, David R Anderson, Joanna K. Barstow, Daniel Bayliss, Taylor J. Bell, Jasmina Blecic, Edward M. Bryant, Matthew R. Burleigh, Ludmila Carone, SL Casewell, Quentin C hangeat, Katy L. Chubb, Ian JM Crossfield, Nicolas Crouzet, Leen Decin, Jean-Michel Désert, Adina D. Feinstein, Laura Flagg, Jonathan J. Fortney, John E. Gizis, Kevin Heng, Nicolas Iro, Eliza M.- R Kempton, Sarah Kendrew, James Kirk, Heather A. Knutson, Thaddeus D. Komacek, Pierre-Olivier Lagage, Jérémy Leconte, Jacob Lustig-Yaeger, Ryan J. MacDonald, Luigi Mancini, EM May, NJ Mayne, Yamila Miguel, Thomas Mikal -Evans, Karan Molaverdikhani, Enric Palle, Caroline Piaulet, Benjamin V. Rackham, Seth Redfield, Laura K. Rogers, Pierre-Alexis Roy, Zafar Rustamkulov, Evgenya L. Shkolnik, Kristin S. Sotzen, Jake Taylor, P. Tremblin , Gregory S. Tucker, Jake D. Turner, Miguel de Val-Borro, Olivia Venot, Xi Zhang

Comments: 35 pages, 13 figures, 3 tables, Nature, accepted
Subjects: Terrestrial and planetary astrophysics (astro-ph.EP); Instrumentation and Methods for Astrophysics (astro-ph.IM); Solar and Stellar Astrophysics (astro-ph.SR)
Cite as: arXiv:2211.10489 [astro-ph.EP] (or arXiv:2211.10489v1 [astro-ph.EP] for this version)
Submission history
From: Eva-Maria Ahrer
[v1] Fri, Nov 18, 2022 7:57:14 PM UTC (4,186 KB)
https://arxiv.org/abs/2211.10489
Astrobiology,

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Have we mismeasured real estate inflation? https://6toros6.com/have-we-mismeasured-real-estate-inflation/ Mon, 21 Nov 2022 14:09:13 +0000 https://6toros6.com/have-we-mismeasured-real-estate-inflation/

Comment

The “unifying framework” followed by the United States Bureau of Labor Statistics in designing the consumer price index, according to the agency’s manual of methods, is to attempt to answer this question:

What is the cost, at market prices for that month, of reaching the standard of living actually achieved during the reference period?

So, yeah, it’s kind of weird that 24% of the latest CPI, America’s main measure of inflation, is not made up of market prices but of the “implied rent that homeowners would have to pay if they rented their home”.

This “equivalent owner’s rent” tends to blow the heads of non-economists, generating frequent criticism from investors and others. But there’s no sign he’s going anywhere. From 1953 to 1982, the BLS used a different measure based primarily on new home prices and monthly mortgage payments before abandoning it in the face of theoretical criticism from economists and practical concerns about the volatility it added to the CPI. . So, yes, the equivalent landlord’s rent is weird, but there doesn’t seem to be a better alternative.

However, there are currently some important questions about how the BLS measures the rent from which the equivalent landlord rent is derived. Contrary to popular belief, this is not done by asking landlords how much they think their home would be rented out. This question is in fact asked but serves to determine the weighting that the owner’s rent equivalent is given in the CPI (the 24% mentioned above). The monthly changes that determine the rate of inflation are estimated from changes in the rents of similar homes, and these changes in rents are measured by asking thousands of American renters how much they pay. (The 7.4% of the CPI corresponding to the actual rent is also measured by this survey.)

Does this really represent market prices? In other words, if you have a two-year lease or are a long-term tenant with a good relationship with your landlord, does the change (or lack thereof) in your rent accurately reflect what is going with the cost of housing? Probably not, argued economists Brent W. Ambrose and Jiro Yoshida of Pennsylvania State University and N. Edward Coulson of the University of California, Irvine in a series of papers, the first of which appears to have begun to circulating in 2012, and Adam Ozimek (now chief economist of the Economic Innovation Group, a Washington-based think tank) in a Temple University doctoral dissertation in 2013. Better to focus on new leases and measure that what Ozimek called “marginal rents”:

Marginal rents reflect market turns earlier and show a larger drop in rents after the housing bubble. Furthermore, marginal rents seem to predict overall inflation better than average rents.

The experience of the last two years has done much to reinforce this point of view. Zillow publishes a monthly Rent Index that measures changes in asking rents for apartments and houses (like Apartment List and CoreLogic, but I’m using Zillow here because it’s available in seasonally adjusted form), and it shows that inflation rents accelerates rapidly in the first eight months. from last year and decelerating since, while CPI housing inflation rose only slowly last year and has continued to rise this year.

Last month, the BLS released a working paper from two of its economists and two from the Federal Reserve Bank of Cleveland that more or less endorsed this approach. The authors assembled their own rent indexes from BLS rent microdata and found that “rent inflation for new tenants outpaces official BLS rent inflation by 4 quarters. With rent being the largest component of the consumer price index, this has implications for our understanding of headline inflation dynamics and the stance of monetary policy.

The most important of these implications would appear to be that the Federal Reserve’s policy-making committee lagged when it began raising interest rates in March – a year after rents on new leases were raised. started to explode – and could end up again late pivoting towards easing monetary policy long after rents started to fall.

Fed officials can, of course, see what’s happening with the private rent indexes, which CoreLogic came closest to moving in the New Tenants Index presented in the BLS paper. They can even check out the adjusted measure of the CPI less food and energy — known as the core CPI — that Harvard’s Jason Furman, chairman of President Barack Obama’s Council of Economic Advisers, has started compiling. monthly from the Apartment List and Zillow rent indexes and to publish them. on Twitter.

Still, you have to think that monetary policymakers would pay more attention if these measures were part of the official inflation statistics, and the October BLS paper seemed like a trial balloon for that. In his thesis, Ozimek made a case for changing the owner’s equivalent rent component of the CPI, but that seems very unlikely given the volatility it could add to the index. The CPI is used for many other purposes besides shaping monetary policy, including setting Social Security benefit levels and tax brackets, and in the early 1980s the need to prevent these adjustments inflation jumping too high was frequently cited as a reason to change the measure. from housing costs in CPI to the owner’s equivalent rent.

I originated the idea of ​​switching to a new rent metric by Princeton economist and former Fed Vice Chairman Alan Blinder, who wrote an influential paper in 1980 calling for the switch to equivalent landlord rent. “In most cases, making this change would be a terrible idea,” he replied via email. “It would reflect the prices paid by a small, unrepresentative minority. That said, if the BLS (or anyone) wants to create a leading indicator of inflation, using rents on new leases would make perfect sense. Furman also argued that “I don’t think they should combine this in the CPI itself, but provide it as a note line that people, especially monetary policy makers, can combine from the way they want with other CPI information.” It might therefore be better to present it as an alternative measure. But it would be great if the BLS could start doing that before the Fed makes another mistake.

More from Bloomberg Opinion:

• Getting inflation under control is only half the Fed’s battle: Conor Sen

• Your child who doesn’t pay rent is an inflation fighter: Karl Smith

• I can buy because the rent is just too high: Erin Lowry

This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners.

Justin Fox is a Bloomberg Opinion columnist covering business. Former editorial director of Harvard Business Review, he has written for Time, Fortune and American Banker. He is the author of “The Myth of the Rational Market”.

More stories like this are available at bloomberg.com/opinion

]]> Singaporean businesses unable to sustain customer experience momentum in 2021 https://6toros6.com/singaporean-businesses-unable-to-sustain-customer-experience-momentum-in-2021/ Mon, 21 Nov 2022 05:27:00 +0000 https://6toros6.com/singaporean-businesses-unable-to-sustain-customer-experience-momentum-in-2021/

Despite an average drop in overall CX scores, UOB and Income Insurance have emerged as new leaders in banking and insurance, respectively

SINGAPORE, November 21, 2022 /PRNewswire/ — According to by Forrester (Nasdaq: FORR) 2022 Singapore Customer Experience Index (CX Index™), despite a positive evolution of CX scores in 2021, financial services companies from Singapore were unable to sustain this momentum, with average scores falling slightly in 2022.

Forrester’s CX Index in Singapore assesses the CX quality of financial services brands in the motor/home insurance and banking sectors. It is based on a survey of over 2,500 consumers in Singapore through 11 brands, including six insurers and five banks.

According to Forrester’s CX Index, how an experience makes customers feel, through a set of positive or negative feelings, has a greater influence on their brand loyalty than effectiveness or ease. Among the customers of that of Singapore banking industry who trusted a particular brand, 74% plan to spend more with that brand and will advocate for it. In contrast, among customers who feel disappointed with a particular insurer, only 11% plan to spend more and only 12% will champion that brand.

Last year, Singapore’s CX Index saw the highest level of positive change since its launch in 2018. Many brands, especially the insurance industry, which relied heavily on personal service from agents, used pandemic shutdowns as an opportunity to build CX equity with their clients. Unfortunately, most companies were unable to sustain this trend in 2022. For example, the insurance industry saw its average score drop significantly, with five out of six brands losing ground. Similarly, with the exception of United Overseas Bank (UOB), the banking sector saw no significant positive change in its CX scores.

In a turnaround from last year’s performance, UOB jumped five points to deliver the best CX of any bank and insurance brand this year. The bank doubled down on its digital experiences to deliver more emotionally positive interactions for its customers and improved its website and mobile app experiences. Income Insurance (formerly NTUC Income) has undergone a dramatic reversal in its rankings in 2022, rising from last to first among auto/home insurers. In a year that saw declining CX quality for all of its peers, the company improved its experience score on the website and mobile app.

“While financial services brands Singapore have steadily improved their CX quality over the years, which has now plateaued and most still only provide an ok customer experience,” said Amit Bhatia, senior analyst at Forrester. “To achieve CX leadership, brands need to dive deep into data to understand the key factors that most influence customer loyalty so they can prioritize their efforts.”

Resources:

About Forrester

Forrester (Nasdaq: FORR) is one of the world’s most influential research and consulting companies. We help leaders in technology, customer experience, digital, marketing, sales and product use customer obsession to accelerate growth. With Forrester’s research, consulting, and exclusive events, leaders around the world are empowered to be bold at work, manage change, and put their customers at the center of their leadership, strategy, and success. their operations. Our unique insights are based on annual surveys of more than 700,000 consumers, business and technology leaders around the world; rigorous and objective research methodologies, including Forrester Wave™ assessments; 70 million real-time feedback votes; and the shared wisdom of our customers.

Copyright © acrofan All rights reserved

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Compression: how long will the pain last? https://6toros6.com/compression-how-long-will-the-pain-last/ Sat, 19 Nov 2022 05:32:10 +0000 https://6toros6.com/compression-how-long-will-the-pain-last/

Rishi Sunak ushered in a new era of austerity, not just Osborne-style spending cuts, but also tax hikes. Its chancellor, Jeremy Hunt, says the plan is not just to balance the books but to control inflation, and so that will be the theme of the Sunak years: austerity 2.0.

Throughout the leadership campaign, Sunak repeatedly argued that persistently high deficits were no longer an option. Tough decisions lay ahead, he said, and claims to the contrary were “fairy tales.” Critics said it was a security-focused ‘treasury view’ and that Britain had ample room to borrow more. But Sunak was certain that the debt accumulated during the pandemic – not only by Britain but by countries around the world – guaranteed a wake-up call at some point. The call came when Liz Truss and Kwasi Kwarteng tried to keep the borrow and spend program going. Now Sunak and Hunt try to answer.

The solutions they come up with won’t be pretty. Britain appears to be entering a phase – under the Tories, no less – where taxes will continue to rise until growth trends improve. It’s not a sort of solution, because the first seldom leads to the second. Where will the growth come from? And is there an end in sight to misery?

It’s the missing piece of the puzzle that Sunak has yet to find, despite the urgency he makes. Hunt’s fall statement was accompanied by news that inflation hit 11.1% in the year to October, again beating forecasts. The Bank of England’s growth forecast extends to 2025, when it expects the UK to be the only major country whose economy has yet to recover to pre-levels. the pandemic. We’re not just looking at the worst growth rates in the G20 or Europe, but all over the developed world.

Truss defined his agenda as “grow, grow, grow”, while Sunak’s camp appears to embrace “tax, cut, wait”. There are strong arguments, as we learned during Truss’s short-lived premiership, for fiscal credibility to come first; tax cuts should only be given as a reward for getting the economy back in shape.

But the waiting period is going to be painful. The best paid will continue to contribute the most, with restrictions on pensions and tax rates monopolizing 47% of their income. But some workers earning much less will be worse off. A recent graduate earning £51,000 a year with outstanding student loans will pay a staggering marginal rate of 51%. It’s a big payday, no doubt – but many of those in London, for example, will pay up to half their after-tax income in rent.

Truss defined his agenda as “grow, grow, grow”, while Sunak’s camp appears to embrace “tax, cut, wait”.

Much of the fiscal pain will be caused by the “tax drag,” where workers are pushed into higher tax brackets that have not been adjusted for inflation. An additional 1.5 million workers can expect to find themselves in the 40% (or higher) tax bracket over the next three years, including teachers, nurses and police officers. In many cases, workers will pay more taxes while simultaneously taking a pay cut in real terms: the average worker will see their wages drop by 3%, because wage increases are below inflation. Another million part-timers – on £12,500 a year – will be dragged into paying income tax because of the frozen Personal Allowance threshold. Housekeepers, security guards, parents who work part-time to make ends meet, they too will be affected. Some of the Welfare at Work bonuses will allow someone on Universal Credit to keep just 45p of every extra pound they earn.

This is shocking because the ‘striving’ are supposed to be the core of conservative voters, but there is only a limited amount of tax the top 1% can expect to pay: they earn 13 % of all money paid in wages, but contribute 28% of all income taxes collected. If government spending increases, ordinary workers will pay. No political party – Conservatives or Labor – intends to squeeze everyone into every tax bracket; it is the consequence of having an increasingly interventionist state. The government machine is now 50% larger than it was under Tony Blair. Everyone has to pay more to keep moving forward.

Back when Sunak was at No 11, he asked: what kind of country does Britain want to be after Brexit? A country with less taxes and less spending, or a European-style social democracy with a tax burden similar to France and Germany? He preferred the former, but that was not his main point. He felt there was no honest debate about trade-offs; that under Boris Johnson the UK was drifting irresponsibly and irreversibly towards the model of big states, and if the Tories continued to make big spending promises, higher taxes would inevitably follow. Britain would, he believed, become a European big spender by default.

In order to avoid this drift, Sunak often tried to make the barrier between the requests for more money and the green light. “In my experience, he was always the one who stopped the most spending,” said a minister. “I respected that, but a lot of my colleagues didn’t.” This is one of Sunak’s biggest political problems right now, both with his fellow MPs and with the public. It’s not politically popular to turn down more money, especially when the country has been addicted to cheap money for so long.

Sunak may be able to start turning the tide of ever-higher taxes and ever-greater public pain

Sunak became known in some circles as the ‘undertaker’ of the summer leadership campaign as he showed up at hustings to deliver grim news about the health of public finances and the economy British. His diagnosis was one that many people, both inside and outside the Conservative Party, didn’t want to hear – not least because Sunak has a decent track record for predicting these things. He was one of the only politicians in the UK to prepare people for the possibility of inflation. His warnings about Truss’ economic plans were also quickly vindicated.

But the mission is no longer just about correcting the mistakes of the Truss era. If so, Sunak and the Chancellor would have a fairly easy job: their arrival in Downing Street quickly brought borrowing costs in the UK back to where they were before the mini-budget. What these 44 Days of Truss assured, however, was that the UK would be the first major country to be singled out by newly resurgent bond markets and to have to pay the price for the unaffordable spending promises that were made before and during the pandemic. .

Sunak suspected, when he reluctantly agreed to the repeated closures, that they would cause long-term economic damage. Privately, he admits he hadn’t anticipated that so many people, especially those over 50, wouldn’t return to work. While early retirement is a post-pandemic global trend, Britain is the only advanced economy in which levels of economic inactivity (i.e. people who are not working or looking for one pas) steadily increased even after the shutdowns ended.

It may not have been officially declared yet, but Britain is probably already in a recession – a recession made worse by the fact that a million people have left the labor force.

Earlier this week, new figures on the number of people receiving benefits were released, not via a press release, but on a password-protected government website. It turns out that the total number of applicants is 5.2 million. The depth of the problem in many UK cities is severe: Blackpool, Middlesbrough and Liverpool have unemployment rates for working-age adults of 24%, 22% and 20% respectively. Some of these people have long-term health problems, but not all of them. Considering job vacancies are at a near-record high nationwide — more than 1.2 million — it’s possible this recession will be very different from previous contractions. It’s not that people can’t find work, but that a flawed welfare system encourages many to stay at home.

The numbers are usually buried in Westminster and updated with a six-month lag. There is growing recognition in Sunak’s cabinet, however, that this government needs to address the issue of how to transform benefit claimants into good health and of working age – some of whom are estimated by Whitehall to cost the taxpayer £15,000 per year – into people who instead pay taxes themselves.


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Sunak has often lamented the lack of a civil service reform program under Johnson. In November 2020, he led an attempt to permanently roll back the “triple lockdown” of state pensions after the shutdowns. Now was the perfect time, he thought, to tackle the intergenerational injustice of pensions politics, especially given the sacrifices young people were making during Covid. Sunak managed to rally the cabinet members, but ultimately the plan fell through when Johnson crushed him.

Last December Sunak spoke out against the cult of the NHS at cabinet meetings, after it became clear that the additional billions pledged to the service this fall were not going to produce better outcomes for patients. He was disconcerted to learn that even after the cash increase, waiting lists were expected to grow from six million to more than nine million.

As prime minister, Sunak has the power to launch his own reform agenda, one that could eventually begin to turn the tide of ever higher taxes and ever greater public pain. But with the next election perhaps 18 months away, the question is whether he has the time – or the political capital.

“The lesson of the past few months is small steps,” said a government insider. “Politically, you can’t raise taxes and get the public finances in order alongside other major reforms. Not if the Conservative Party is going to be here in a few years. In other words, the economy is obvious, but politics is tricky.

“Will the cure be worse than the disease? This will determine Sunak’s legacy,” says a former minister. This is the bet that Sunak and Hunt have decided to make: finally facing the rising costs of all these promises will pay off in the medium term. But that assumes something that seems, at the moment, a bit of a stretch: that after such a tough fall statement, the Tories will be there for a middle ground.

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Ten female tech founders in East Africa deserve to be celebrated https://6toros6.com/ten-female-tech-founders-in-east-africa-deserve-to-be-celebrated/ Thu, 17 Nov 2022 06:45:06 +0000 https://6toros6.com/ten-female-tech-founders-in-east-africa-deserve-to-be-celebrated/

More women, especially in East Africa, are making a significant impact in Africa, despite limited access to global opportunities. The continent has the highest percentage of female entrepreneurs in the world. This number was assigned to their resilience and courage in the face of defeat.

While African women have contributed to economic growth, their impacts are underestimated. Indeed, African society attaches great importance to the male child, a practice that mitigates the impacts of the female gender.

Last month, we introduced or reintroduced you tech founders who offer solutions in North Africa. This week, we bring you a follow-up article on ten selected tech founders in East Africa. Some of these women are innovative sectors and have solutions beyond their country of origin. This list is not exhaustive.

#1. Jihan Abass – (Kenya, Lami)

Jihan Abass is the founder and CEO of Lami Insurance Technology (Lami), an insurance gateway as a service. Lami is an end-to-end digital insurance platform and API that enables businesses across all industries to offer insurance products.

The startup is on a mission to provide a solution for the entire insurance ecosystem by helping businesses sell the coverage customers need. It uses technology to enable users to create and distribute digital insurance products in record time. Founded in 2018, Lami has raised $5.6 million over a total of four funding rounds.

Jihan Abass, Founder and CEO, Lami.

#2. Shamim Nabuuma Kaliisa (Uganda, Chill AI Lab)

Shamim Nabuuma Kaliisa is the founder of Chil Artificial Intelligence Lab (Chill AI Lab), a Femtech startup that harnesses AI to improve access to reproductive health cancer diagnosis.

Through Keti, her mobile app, women could consult with oncology experts and have samples taken and sent to labs. Subsequently, they obtain a diagnosis and a medical opinion.

Kaliisa is one of Africa’s young global leaders, serving as a director on several boards. His startup has raised about $4 million in five funding rounds and earns hundreds of thousands of dollars a year.

CHIL AI Lab became CHIL AI Group, developing products in other sub-sectors, including agritech, fintech and drone technology, aimed specifically at women.

Shamim Nabuuma Kaliisa, Founder of CHIL AI Lab.
Shamim Nabuuma Kaliisa, Founder of CHIL AI Lab.

#3. Cynthia Wandia (Kenya, Kwara)

Cynthia Wandia is the co-founder and CEO of Kwara, a neo-banking startup for credit unions in Kenya. The Nairobi and Berlin-based startup is transforming credit unions in Kenya (savings and credit cooperative societies, SACCOs) into modern digital banks. The fintech was launched in 2019 to help SACCOs transition to digital platforms, providing them with its proprietary backend-as-a-service (BaaS) software.

In December 2021, Kwara raised $4 million in a seed round to create a neo-banking app allowing individuals to sign up with their favorite credit unions to access various financial services. The neobank provides access to instant loans and third-party services such as insurance for union members.

Wandia co-founded the company with David Hwan, its COO.

Cynthia Wandia, Co-Founder and CEO, Kwara.
Cynthia Wandia, Co-Founder and CEO, Kwara.

#4. Thérèse Izay Kirongozi (DRC, Traffic Robot)

Thérèse Izay Kirongozi is a Congolese engineer. She is notable for designing traffic robots that help control traffic while enforcing traffic laws and reducing road deaths.

Founded in 2013, the ease with which people could speed up, run red lights, and flee (or bribe their way) out of the consequences inspired the innovator. She wanted something more reliable and incorruptible.

According to Kirongozi, Traffic Robot helps hold people accountable to the rule of law and could help the state recoup revenue, potentially funding new infrastructure developments.

Thérèse Izay Kirongozi, founder of Traffic Robot.
Thérèse Izay Kirongozi, founder of Traffic Robot.

#5. Radhika Bhachu (Kenya, Ndovu)

Radhika Bhachu is the co-founder and CEO of Ndovu, a Fintech that gives people easy access to global stock markets. Ndovu simplifies investment solutions and provides easy access to global stock markets for Africans from their smartphones.

It also educates and guides its users through the investment journey to enable them to achieve their financial goals. Its Robo-Advisor helps provide retail investors with digital advice and access to global and local markets.

Bhachu is an experienced investment and relationship expert with UK-based asset management firms including Deloitte Consulting and BlackRock.

Radhika Bhachu, co-founder and CEO of Ndovu.
Radhika Bhachu, co-founder and CEO of Ndovu.

#6. Evelyn Ngatia (Kenya, TechWatt)

Evelyn Ngatia is the Founder and CEO of TechaWatt Ltd, the parent body of the 4th Industrial Revolution (4IR) Academy, an EdTechca platform. The startup offers corporate training, thought leadership, strategy consulting, and speaking engagements.

Some of the 4IR strategic skills it offers include the 4IR Foundation course, the 4IR in Sectors course, and the 4IR and Sustainability course.

Ngatia is a member of several notable boards and is currently Chair of the Board of the Women in Tech Alliance, European Chamber of Technology.

Evelyne Ngatia, founder of TechWatt.
Evelyne Ngatia, founder of TechWatt.

#seven. Neema Iyer – (Uganda, Pollicy)

Neema Iyer is a technopreneur and fine artist who is the founder and director of Pollicy, a feminist collective of technologists, data scientists and creatives. Through Pollicy, Iyer is influencing Uganda’s digital development sector through an innovative lens at the intersection of data, technology and design to improve government service delivery.

Pollicy is based on three main pillars; data training, data research and building technology products. The startup has worked on over 100 projects, conducted over 200 data events, and trained nearly 5,000 people.

In July last year, Iyer was named to Facebook’s Global Women’s Safety Advisory Board. This year, Iyer and Pollicy announced a digital ambassador program to promote skills development and access to online technology for young African women.

Neema Iyer, founder of Pollicy.
Neema Iyer, founder of Pollicy.

#8. Linda Bonyo (Kenya, Lawyers Hub)

Linda Bonyo is the Founder and CEO of Lawyers Hub, a Law-Tech startup working on digital policy and judicial innovation in Africa.

Through the Lawyers Hub, Bonyo runs the Africa Digital Policy Institute, the Africa Law Tech Association and the Africa Startup Law Accelerator. The startup focuses on data governance, artificial intelligence, intellectual property, digital identity, internet governance, digital economy, technology and democracy.

Boyo is the organizer of the annual Africa Law Tech Festival and Africa Legal Innovation Week on Justice Innovation.

Linda Bonyo, founder of Lawyers Hub.
Linda Bonyo, founder of Lawyers Hub.

#9. Wambui Karingithi (Kenya, Chiza Health)

Wambui Karingithi is the Founder and CEO of Chiza Health, a health technology startup that seeks to solve the complex puzzles of healthcare for physicians, institutions and patients. The startup offers a connected healthcare ecosystem that drives efficiency and positive outcomes to increase satisfaction for institutions, healthcare providers and patients.

Chiza Health offers three main solutions, including Chiza MedicHub, which provides efficient management and movement of medical personnel, Chiza Care, which offers organized and goal-oriented home care, and MyChiza, which is a virtual health assistant focused on preventive care.

Wambui Karingithi, founder of Chiza Health.
Wambui Karingithi, founder of Chiza Health.

#ten. Cleopatra Kanyunyuzi (Uganda, Club Tangaza)

Cleopatra Kanyunyuzi is the co-founder and CEO of Club Tangaza, an EdTech startup that teaches kids (ages 4-18) and beginners how to code in an enjoyable way. The digital platform allows learners to virtually interact with top instructors to learn how to code and build games, apps, and websites, through given programs and digital tools.

Kanyunyuzi holds a master’s degree in Data Communication and Software Engineering from Makerere University. She is a firm believer that coding for kids is one of the many paths to the middle class economy.

Cléopâtre Kanyunyuzi, co-founder and CEO of Club Tangaza.
Cléopâtre Kanyunyuzi, co-founder and CEO of Club Tangaza.

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What is a karmic relationship? Meaning, Signs and How to Break Them | Marla Martenson https://6toros6.com/what-is-a-karmic-relationship-meaning-signs-and-how-to-break-them-marla-martenson/ Tue, 15 Nov 2022 19:07:55 +0000 https://6toros6.com/what-is-a-karmic-relationship-meaning-signs-and-how-to-break-them-marla-martenson/

So many of us are programmed from a young age, into adulthood, to dream of having that fairy tale relationship and a “happily ever after”. Some of us spend our entire lives looking for our “soul mate” or “The One”.

But among the relationships we stumble over along the way – usually without acknowledging them – are karmic relationships.

Although being in a karmic relationship can feel like stepping on a landmine, they have the power to teach us more about love and ourselves than any other relationship we encounter along the way. road.

What is a karmic relationship?

Although there is currently no clinical and scientific data to prove whether or not karmic relationships exist, writer, reiki master and clairvoyant Amanda Linette Meder describes karmic relationships as “a romantic bond formed with someone of your soul group,” notinh these relationships are “designed to heal past life lessons and pain.”

Karmic relationships are the type of relationships that no one necessarily wants but probably has at some point in their life, at least once.

However, it is important to note that karmic relationships do not always come in the form of romantic relationships. It can be friendships, acquaintances or your family of origin.

Nevertheless, all karmic relationships have one thing in common: they come into your life to teach you a lesson – and probably won’t last very long once that lesson has been learned and you or the other person are ready to go. ‘to cancel. .

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