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Being the national currency of the Philippines the value and fluctuations of the currency depend on many economic and political situations. This is a great knowledge for forex traders interested in the peso’s fluctuations and how to use them for their benefit. Thai Baht for example has little step in forex market except for emerging markets trade which involves Philippine peso. The Philippine Peso is among the most convertible currencies in Southeast Asia and widely quoted with reference to US Dollar (USD), Euro (EUR) and Japanese Yen (JPY). Although not as liquid as major global currencies, its value can move big time due to the Philippines’ economic links with regional and global markets. For traders, that’s a good thing. Its volatility can be a short-term profit opportunity and its link to the country’s growing economy is a long-term attraction. The Philippine Peso is influenced by a mix of local and global factors. From economic policies to global trends, these are the elements that shape the peso’s performance in the forex market. Knowing these can help traders anticipate and make better decisions. Overseas Workers (OFWs) are the backbone of the economy, sending billions of dollars back home every year. These remittances generate a regular consumption which increases especially during occasions such as the christmas season and the opening of classes. According to the research, BSP is one of the tools that, if well managed, can help in stabilizing peso. Interest rates, rate of inflation and monetary policies have influences over the position of the currency in the forex market. The Philippine balances of trade is negative ; the country exports lesser than what it imports. This has resulted into a less supply for pesos specifically because more of the foreign currency is required in the payment of imports. They hold that election or any political event can lead to political risk and hence high volatility for the peso. These changes are eyed by forex traders because they can cause a great deal of movement in the currencies. Philippine Peso has been found to generally move along with other currencies of the Southeast Asia region. The peso and its counterparts tend to decline during global shocks or when a particular region plunges. That is why the peso is a perfect marker for a forex trader interested in the Southeast Asian region. The Philippine Peso has its own opportunities for forex traders especially those who know its patterns and market drivers. Whether seasonal, economic or regional, these opportunities allow traders to ride the peso’s movements and diversify their trades. The peso is sensitive to economic and political changes so there’s profit potential in the short term. It moves a lot so if you understand how it behaves you can trade it. Trading the peso with other ASEAN currencies can diversify your portfolio. It moves with regional events so it’s broader opportunities. Trading the Philippine Peso can be profitable but it has its risks . Market volatility, limited liquidity and external pressures can be a challenge for traders. Knowing these risks is key to developing a strategy to minimize losses while navigating the forex market. Compared to major currencies like USD or EUR, the peso is less liquid. This means wider spreads so trading costs higher for you. The peso widely relies on the US dollar and foreign exchange. It means it can have access to external shocks such as increase in oil prices or fluctuation in the American monetary policies. Follow remittance reports, inflation rates and policy of the BSP. They can be your reference to the direction of the peso in the forex market. Peso has trends so chart analysis is going to be effective. This you can use to establish your entry and exit points. There other factors which could impact peso for instance, the US interest rate or oil prices. Commodities trading explained for forex in the Philippines highlights how fluctuations in commodity prices, such as crude oil or agricultural exports, can impact the peso’s strength against major currencies. Knowing when you are in a bear market assists you in being prepared, make the necessary change and work towards a solution . While often considered a purely domestic currency, the Philippine peso is a dynamic actor in the forex space, affected by and affecting the flow of currencies elicited by remittances, trade balance and regional trends. In fact, there are significant benefits for traders who successfully identify what influences the peso as well as reduce possible risks. Through tracking the economic signals and occurrences in certain realm, forex traders can capitalize in the peso for short term or long term.
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ATLANTA, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Streamline Health Solutions, Inc. ("Streamline” or the "Company”) (Nasdaq: STRM) , a leading provider of solutions that enable healthcare providers to proactively address revenue leakage and improve financial performance, today announced that it will release its financial results for the three month period ended October 31, 2024 on Monday December 16, 2024 after the close of the financial markets. The Company will conduct a conference call on Tuesday, December 17, 2024, at 9:00 AM ET to review results and provide a corporate update. Interested parties can access the call by joining the live webcast: click here to register . You can also join by phone by dialing 877-407-8291. A replay of the conference call will be available from Tuesday December 17, 2024, at 12:00 PM ET to Thursday December 24, 2024, at 12:00 PM ET by dialing 877-660-6853 or 201-612-7415 with conference ID 13750374. An online replay of the presentation will also be available for six months following the presentation in the Investor Relations section of the Streamline website, www.streamlinehealth.net . About Streamline Streamline Health Solutions, Inc. (Nasdaq: STRM) enables healthcare organizations to proactively address revenue leakage and improve financial performance. We deliver integrated solutions, technology-enabled services and analytics that drive compliant revenue leading to improved financial performance across the enterprise. For more information, visit www.streamlinehealth.net . Source: Streamline Health Solutions, Inc. CONTACT: Company Contact Jacob Goldberger Vice President, Finance 303-887-9625 [email protected]None
NEW YORK, Dec. 28, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of MGP Ingredients, Inc. (NASDAQ: MGPI) between May 4, 2023 and October 30, 2024, of the important February 14, 2025 lead plaintiff deadline. SO WHAT: If you purchased MGPI common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the MGPI class action, go to https://rosenlegal.com/submit-form/?case_id=9167 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than February 14, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements, and failed to disclose material adverse facts about MGPI’s business, operations, and prospects. Specifically, defendants repeatedly touted a strong demand and “normal” inventory levels in brown goods (i.e., American whiskies and tequila), when in fact there had been a slowdown in consumption and oversupply in their products. Worse, defendants had assured investors that they were positioned differently than their competitors, and that this was a non-issue, because MGPI had already taken steps to mitigate the risk, when in fact it had not. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the MGPI class action, go to https://rosenlegal.com/submit-form/?case_id=9167 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.comThe Midwest is in for a cold, costly winter if President-elect Donald Trump succeeds in imposing 25% tariffs on Canada and Mexico. The U.S. buys nearly all the crude oil that Canada produces, but no region depends on those imports more heavily than the Midwest, which gets more than 60% of its oil from Canada. In Minnesota and Wisconsin, the site of two major transnational pipelines, that figure is closer to 80%. At roughly 2.3 million barrels a day, the Midwest uses more Canadian crude than the rest of the U.S. combined. So it’s going to come as a shock when Republicans across the region – where victories in Wisconsin and Michigan helped propel Trump back to the White House – discover that one of his first official acts will have been to start a trade war that could send energy prices soaring. Trump said he will impose the tariffs on Inauguration Day unless the two countries curtail drug trafficking and illegal immigration at U.S. borders. As bad as that would be for the former “blue wall” states, it would be even worse for Canada. The U.S. is Canada’s most important trade partner, accounting for two-thirds of all Canadian trade. The U.S. is also Canada’s largest investor. The two nations’ economies are so intricately linked that in 2023, $3.6 billion of goods and services flowed across their borders daily. So after a series of urgent phone calls, Canadian Prime Minister Justin Trudeau sprinted south for a visit to Mar-a-Lago to try to reach common ground. For his trouble, Trudeau found himself the object of ridicule. After warning the incoming president that the tariffs could wreck both countries’ economies, Trump reportedly joked that if Canada could not survive without “ripping off” the U.S., perhaps it should become the 51st state, with Trudeau as its governor. Trudeau was said to have laughed, nervously. Canadian Public Safety Minister Dominic LeBlanc, who accompanied Trudeau, later told reporters in Ottawa that “the president was teasing us. It was ... in no way a serious comment.” Trudeau later said he and Trump had a productive meeting and even thanked Trump for the dinner. Trump undoubtedly was joking – at Trudeau’s expense – but he was also sending a serious message: He does not consider this a partnership of equals. He was serving notice that he is back, with all the brash aggression and seat-of-the-pants governing that marked his first term. Trudeau now is left to wonder whether he can even salvage the United States-Mexico-Canada Agreement that has guided mostly duty-free trade among the three countries since it was signed in 2020. Trump’s pledge to start tariffs on the first day of his presidency would appear to violate the terms of the agreement and could be a precursor to Trump attempting to renegotiate the deal. Trump’s stock-in-trade is creating chaos. It is his go-to move for gaining the upper hand in any situation: Do the unexpected. Be unpredictable. Go big. So why not threaten our closest trading partners with punitive tariffs that would wound their economies – and ours? Whatever concessions he wrings out of our partners will be declared “huge” victories. And it’s not just about the cost of oil. The tariffs would also increase the price of fruit and vegetables; the cost of natural gas; and hurt the U.S. auto sector. Michigan depends heavily on USMCA for its automotive industry. Most vehicles pass several times through the three countries, even if the final assembly is done in the U.S. Trump knows the stakes. Whether he lets on or not, he understands the concept of tariffs and their limitations. The Tax Foundation found that Trump’s first-term tariffs – many of which continued under President Joe Biden – “raised prices and reduced output and employment, producing a negative impact on the U.S. economy.” So what is Trump’s end game? On the campaign trail, Trump portrayed tariffs as a powerful cure-all that could generate enough revenue to cut taxes, bring down the deficit, pay for other programs, drive manufacturing back to the U.S., and wring concessions from foreign leaders – all at little to no cost for American consumers. Since being elected, he talks less of the huge revenues – which could only result from permanent tariffs – and seems to have settled on tariffs as a way to force foreign countries to bend to his will. His threat to impose tariffs on Canada and Mexico puts the onus on those countries to reduce drug trafficking and illegal immigration at U.S. borders. It also makes them handy scapegoats should they fail to do so. The terms of success have been left undefined – another Trump tactic to keep everyone guessing. In the meantime, Midwesterners could start the Trump years by paying more to fill their gas tanks, heat their homes and fill their refrigerators. That can hardly be the outcome they expected when so many of them threw their lot in with Trump. Patricia Lopez is a Bloomberg Opinion columnist covering politics and policy. She is a former member of the editorial board at the Minneapolis Star Tribune, where she also worked as a senior political editor and reporter.
Australian bikie gangs are establishing chapters in Pacific countries and partnering with global criminal groups like the Sinaloa Cartel and the Calabrian mafia in what the international watchdog has warned is an alarming escalation of cocaine imports to the lucrative Australian market. Bikies are also setting up legitimate businesses in countries including Fiji and Tonga to facilitate a greater flow of drugs from the Americas, the United Nations Office on Drugs and Crime has warned. The Comancheros have set up a chapter in Tonga. Credit: Tonga Police A new report paints a troubling picture of the march of organised crime on the region. Samoa, the Solomon Islands, Tonga and the Cook Islands – none of which have traditionally seen large drug shipments – experienced an increase in consignments bound for Australia, the report from the global watchdog says. Last month, the Colombian Navy seized 225 tonnes of cocaine bound for Australia and discovered a new trans-Pacific trafficking route from South America to Australia. “We have discovered routes such as Australia and Guyana to open up through the Atlantic to Africa and connect to Europe,” Vice Admiral Juan Ricardo Rozo Obregón said at the time. Australia and New Zealand have the world’s highest prices for cocaine outside Saudi Arabia and United Arab Emirates, which punish drug dealing with beheading. To saturate the market, high-profile Australian bikie gangs are “increasingly engaging with Pacific regional syndicates”, according to the UN. The Comancheros established a chapter in Tonga, named the Kingdom Chapter, in January last year after gang member Eneasi Taumoefolau, 43, was deported from Australia. “All the deportation has done is enable this group to enliven itself here,” Tongan Police Commissioner Shane McLennan told the ABC in August when Taumoefolau was among 17 people arrested in a major drug sting. Some of Australia’s 38 bikie gangs have also established chapters in Fiji, the UN says, and are collaborating with the Mexican Sinaloa Cartel, the Italian ’Ndrangheta and Asian organised crime syndicates “to smuggle substantial loads of methamphetamine and cocaine into Oceania”. Australian organised crime figures have also established legitimate businesses in the Pacific to hide drug smuggling beneath a corporate structure, the UN says. Going into business provides access to the local political and commercial elite. It also provides physical storage for drugs that are to be on-sent to Australia. Attempts to smuggle cocaine into Australia via a mother-daughter ship came unstuck during the pandemic, when a panicked crew saw a plane overhead and set fire to a boat allegedly containing 500 kilograms of cocaine. Credit: NSW Police “Cocaine is shipped by bulk [to] islands where it can be stockpiled before making its onward journey by cruiser, small craft or fishing vessel,” said the report. Would-be drug importers have increasingly used yachts to smuggle drugs between Fiji and its neighbours , as well as air cargo, air passenger couriers, and concealments inside shipments as diverse as water bottles and beauty products. “Vessel-to-vessel” transfers , in which drug syndicates pay crews to move their bounty from a large freighter to a smaller boat, have become common, the report says. One example is ex-Sydneysider Vaso Ulic’s alleged attempts to smuggle 2.5 tonnes of cocaine into Sydney during the pandemic. The region’s isolation – once considered a hindrance – now provides groups with opportunities to operate in less-patrolled waters. Papua New Guinea has also emerged as a hotspot for transnational drug dealing, with organised crime syndicates using so-called “black ops” flights – unregistered light planes – from remote airstrips around the country to move drugs into Australia. Crime gangs also use the free movement of small vessels through the Torres Strait to import drugs, the report warned. The UN’s Benedikt Hofmann said more collaboration between regional law enforcement was crucial. “Small island states, with their limited capacity, cannot face these challenges alone,” he said. Start the day with a summary of the day’s most important and interesting stories, analysis and insights. Sign up for our Morning Edition newsletter .Sports Technology Market to grow by USD 37.85 Billion (2024-2028), driven by the rise in sports tech events, Report highlights market evolution powered by AI - Technavio
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In recent years, robots have metamorphosed from awkward metal contraptions into sophisticated machines with artificial intelligence capabilities. While technological advancements are remarkable, humans still find amusement in placing these robots in quirky and uncomfortable scenarios. Here are some of the most peculiar and intriguing ways we’ve utilized robots this year. Automated Poop Patrol Caleb Olson, a pet owner from Minnesota, has devised a unique solution to the age-old problem of cleaning up after dogs. Olson invented the “Poopcopter,” an autonomous robot designed to hunt down and collect dog waste. This flying marvel employs computer vision to identify droppings and uses a specially designed scoop to dispose of them, potentially raising the sanitary standards in backyards everywhere. Robot Butts Out Cigarette Litter Efforts to combat cigarette litter have led to the creation of the VERO, a four-legged vacuum robot by the Italian Institute of Technology. Designed to suck up discarded cigarette butts, each foot of the VERO is outfitted with a nozzle capable of removing this prevalent litter. If widely deployed, VERO could clean up public spaces efficiently. Empathy Experiments with Robots Marieke Wieringa, a researcher from Radboud University, conducted experiments exploring human empathy towards robots. Participants were more likely to hesitate in causing discomfort to robots that emitted distress sounds, noting a change in perception when they seemed to express emotions. Painting the Future with AI A humanoid robot named Ai-Da, armed with artistic algorithms, has ventured into painting, creating works such as a portrait dubbed “AI God.” The paintings have gained attention, fetching high bids in auctions, which reflects growing interest in the intersection of art and technology. These unusual ventures showcase the ever-expanding capabilities of robots, prompting societal reflection on their roles and our interactions with machines. The Unexpected Future of Robotics: Innovations and Insights Evolving Robotics: Exploring Key Innovations and Trends Robotics has progressed significantly, driven by advancements in artificial intelligence and engineering. As robots become more integrated into everyday tasks, intriguing new capabilities and potential societal impacts emerge. Emerging Trends in Robotics 1. Innovations in Waste Management Robotics The development of the “Poopcopter” and the VERO highlights an innovative approach to tackling litter and waste management. These robots use computer vision and autonomous functionality, embodying the trend of robotics solving environmental challenges. The Poopcopter’s ability to autonomously identify and collect waste represents a new horizon in maintaining public hygiene. 2. Emotional Interactions with Robots Marieke Wieringa’s work on empathy towards robots suggests that human-robot interaction goes beyond mechanical functions. This experiment reveals how machines could evoke emotional responses and ethical considerations, presenting a new dimension in robotics – the ability to simulate human-like emotions, potentially influencing future social robots. 3. Artistic Creativity in AI-Driven Robots The humanoid artist Ai-Da exemplifies the intersection of robotics and creativity, ushering in a new era where robots contribute artistically. This could redefine art markets and challenge perceptions of creativity, as AI continues to expand its boundaries. Pros and Cons of Increased Robotic Integration # Pros: – Efficiency: Robots like VERO and Poopcopter streamline processes, increasing cleanliness and reducing labor. – Innovation: New applications, such as Ai-Da’s creative outputs, showcase the potential of robotics to enter traditionally human domains. # Cons: – Ethical Concerns: As with empathy experiments, ethical implications arise when robots appear to express emotions. – Cultural Resistance: Artistic robots challenge traditional ideas, which might face resistance from those valuing human artistry. Predictions for Robotics 1. Enhanced Public Services Robots capable of addressing public litter could be integrated into urban infrastructure, potentially transforming city hygiene dynamics. 2. Expanded Roles in Healthcare and Assistance Given their ability to evoke emotional responses, robots could support elderly or disabled individuals, improving quality of life through companionship or assistance. 3. Evolution in Creative Industries AI-driven artistic robots might become collaborators in creative industries, prompting a reevaluation of intellectual property and creativity ownership. Market Insights The robotics market is witnessing significant growth, driven by demand across sectors such as waste management, healthcare, and creative industries. As technology evolves, investment in robotic innovations is anticipated to rise, with focus areas likely including AI integration, emotional interaction capabilities, and public service support. For More Innovations Discover more about cutting-edge robotic developments and future implications by visiting the MIT Technology Review . Stay informed on the dynamic changes shaping the robotics landscape and understand their potential impacts on society.Victor Wembanyama went to a park in New York City and played 1-on-1 with fans on Saturday. He even lost a couple of games. Not in basketball, though. Wemby was playing chess. Before the San Antonio Spurs left New York for a flight to Minnesota, Wembanyama put out the call on social media: “Who wants to meet me at the SW corner of Washington Square park to play chess? Im there,” Wembanyama wrote. It was 9:36 a.m. People began showing up almost immediately. RELATED STORY | NCAA head warns of the dark side of college sports gambling Washington Square Park is a known spot for chess in New York — Bobby Fischer among others have famously played there, and it's been a spot used for multiple movie scenes featuring the game. Wembanyama was there for an hour in the rain, from about 10-11 a.m. He played four games, winning two and losing two before departing to catch the Spurs' flight. Wembanyama had been trying to get somewhere to play chess for the bulk of the team's time in New York — the Spurs played the Knicks on Christmas and won at Brooklyn on Friday night. The schedule never aligned, until Saturday morning. And even with bad weather, he bundled up to make it happen. He posed for photos with a couple of dozen people who showed up, braving a morning of cold rain to play chess with one of the NBA's biggest stars. “We need an NBA players only Chess tournament, proceeds go to the charity of choice of the winner,” he wrote on social media after his chess trip was over. RELATED STORY | LeBron and Bronny James make history as NBA's first father-son duo to play together Wembanyama is averaging 25.2 points and 10.1 rebounds this season, his second in the NBA after winning Rookie of the Year last season.Lions receiver Jameson Williams won't be charged for having a gun in a car
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