Tag Archives: quotation mark

Here’s My Tech Rundown, Brazilian Style | Instant News


Ubiquity. That’s a cool word and also the reason for the tech giants’ dominance in the stock market. A good measure for traveling the world is world travel. As I have mentioned before RM column, I’m in Brazil now on a business trip, and being here is certainly a true test everywhere. It seems, FAANG run our whole life in America, but is there any growth for them in the world market? China is a tough man to solve, but there are no such boundaries here. So here is a brief look at some of the major US companies according to my own observations.

Alphabet (GOOGL) Google runs everything. Google is our dark ruler and we must obey it! Or something like that. Seriously, I’ve been using Google Maps and Google Translate at least 100x per day since I’m here. Also, since my Android phone doesn’t respond well when being dropped on the Sao Paulo road, I will likely buy another one here. Judgment, as always, is in the eye of the beholder, but I see zero threat here to Google’s dominance of everything, so I definitely haven’t found any reason to be negative on Alphabet’s stock on this journey.

Facebook (FB) WhatsApp is the country’s lingua franca. English, Portuguese, whatever, EVERYONE here communicates by WhatsApp. I not only use WhatsApp to arrange meetings with clients, I also see clients chatting on WhatsApp DURING my meetings. Whoa, disrespectful, man. But nobody pays to use WhatsApp, and while Instagram clearly has a youth market cornered here in the United States and valuable to advertisers, no one actually claims to use Facebook’s core product, “Big Blue.” Monetization is uncertain for Facebook corporate here, and it doesn’t exactly match FB’s $ 777 billion equity valuation.

Apple (AAPL) too expensive for this market. This is the country of Android (another Google reference) and iPhone 12 is not yet launched. As I noted in my first RM column in Brazil, GDP per capita here is in the range of $ 9,000 per year, close to Mexico or China. I saw an iPhone 12 Pro (with a 6.1 “screen instead of a 6.7” Pro Max) quoted at BRL 8,800 at electronics retailer Fast Shop, which is $ 1,650. People love their phones here as much as we love our phones in America, but it’s too expensive. A lower-end version of 12 can work fine here, but there is often criticism about the iPhone being “dissatisfied” for emerging markets, and I think such a product will do well if it is introduced here.

Cornershop is here! No, not the Britpop band that was so attractive in the 1990s (they performed “ Brimful of Asha ”) but a grocery shopping delivery service. As of writing this article, I had no idea that Chile-based Cornershop had been acquired by Uber (UBER) This year. The problem with Cornershop is that it is VERY labor intensive. So the Cornershop guy (or gal) in red would walk around the store – I’ve been to Carrefour’s “hypermercado” for my basics – take a look at his phone and just drop whatever item he ordered into the basket. I even saw a Cornershop guy go through the items, slowly and one by one, at a normal human-operated cash register. Where is the added value? This is very inefficient. Human capital may be cheap here, but it’s not free. Cornershop doesn’t bother anyone or anything.

On the other hand, Uber’s core service – a vehicle booking app – is invaluable here. I don’t have to speak Portuguese (horribly,) worry about taxi fares (transparent and stable prices) or carry enough reais to pay taxes, and, like in America, I even know exactly when the driver will arrive. Uber is VERY useful for international travel. Maybe the Cornershop folks use it to deliver their grocery orders, I don’t know.

I’ve seen some bus stop commercials for Amazon Prime video for BRL 9.90 per month (about two dollars) and while it’s the only streaming service I use in America, I haven’t found anyone here who subscribes. I also haven’t seen 10 million Amazon delivery vans on the way here. Amazon doesn’t dominate every aspect of everyday life here as it does in the US or as Google does anywhere in the world except China. Maybe that’s a good thing.

So, that’s the Brazilian tech rundown style. To quote Sergio Mendes, the digital economy is the “mas que tone” here, especially for Google, but some giants will generate higher revenues with a little more local knowledge. Bomb him!

(GOOGL, FB, and AAPL are holdings in Jim Cramer Action Alerts PLUS member club. Want to be notified before Jim Cramer buys or sells this stock? Learn more now.)

Get an email alert every time I write an article about Real Money. Click “+ Follow” next to my byline for this article.

.



image source

Australia Reportedly Facing Ban on Confidential Trade by China | Instant News


Is China punishing Australia by imposing a secret ban on a series of Aussie imports? That seems to be the case, with Friday reportedly designated as the day the ban began.

Beijing has ordered a halt to imports of a wide variety of Australian products, with at least seven product categories temporarily banned, according to a Bloomberg report citing “people with knowledge of the situation.”

The target list would stop incoming shipments to China of coal, barley, copper ore and copper, sugar, wood, grape and lobster concentrates, the report said. The source asked not to be named because the information is sensitive.

Any temporary ban on commodities such as coal and copper will go further than the previous one-product restriction, usually on well-known consumer goods. China is Australia’s main trading partner, contributing A $ 136 billion in imports to China in 2018, according to figures from the Australian government, with A $ 78 billion in Chinese goods heading the other way. The two-way total volume has increased by 35.8% since 2016.

The ore shipment explains why Australia is overweight as China’s sixth largest source of imports, on a par with Germany. Australia’s total trade ranks it 14th in Chinath largest partner, according to the size of the Aussie economy.

China frequently changes visa restrictions for its citizens without public notice. It often attempts policy changes in the securities industry by letting industry insiders experiment without a formal announcement of a rule change to see how things are. And sometimes limiting permits to import certain goods in retaliation for perceived insults.

But China usually publishes its penalties for trafficking. So, it’s unusual that Australian exporters don’t know about the impending trade ban.

The effect is already felt.

Lobster languished

Tons of live Australian lobsters stranded on the tarmac of Chinese airports, Sydney Morning Herald report, with a customs clearance that takes too long for shellfish to reach restaurants before they are damaged.

Australian Trade Minister Simon Birmingham said he was aware of reports of “customs issues” on shipments of premium shellfish to China. Documents suddenly became hard to come by if China wanted to punish companies from certain countries or multinationals. So-called “health and dependency checks” have blocked shipments to Shanghai, with China being the destination for 94% of Australia’s rock lobster exports.

The trade minister said “discriminatory screening practices” imply a violation of World Trade Organization rules and a violation of the China-Australia Free Trade Agreement.

I doubt Beijing’s top brass will let that bother them. World Trade Organization (WTO) and United Nations rules and protocols come in handy when China wants something, especially if it doesn’t suit Beijing.

Vitriol virus

China and Australia are at loggerheads diplomatically after Australia called for an independent investigation into the origins of the coronavirus. Australia has also sent its warships to participate in “freedom of navigation” journeys through waters that China claims in the South China Sea.

China is pushing ingenious evidence of centuries-old fishing trips by Chinese ships as justification for land grabbing in oil and gas-rich waters all the way to the coasts of the Philippines, Brunei, Malaysia and Vietnam. All of these countries are fighting China with legal challenges to their territorial rights.

Trade restrictions began in May, when China imposed high tariffs on Australian barley and stopped imports of beef from some Australian slaughterhouses.

China has since launched an investigation into whether Australian wine producers dump bottles at discounted prices on the Chinese market. The Australian cotton industry said Chinese mills had been told to stop buying Australian cotton.

Pressure tactics

The China International Import Expo is taking place this week in Shanghai, where President Xi Jinping sings praises for international trade. Officially, China’s trade ministry denies that Australian goods are under a ban.

Trade analyst Jeffrey Wilson was told Security this is a classic example of “gray zone” diplomacy, in which China tries to scare Australian companies into access to key markets, using trade to exert political pressure.

“The ambiguity was deliberately created,” he said. “This is not a trade war, this is a psychological war.”

Treasury Wines Estates shares fell 8% in trading Thursday in Sydney after winemaker Penfolds said China’s beverage industry asked Beijing to enforce an unprecedented one. retrospective tariffs on Australian wines are already on sale in China. That’s part of an anti-dumping investigation launched in August by China’s Ministry of Commerce.

Spy spit too

In addition to their public diplomatic spats, China and Australia are also engaged in a clandestine fight over spying and undue political influence over Australian politics.

Sunny Duong, a Chinese-Australian community organizer, on Thursday became the first person to be charged with foreign interference in Australian politics under Australia’s new national security law. Duong, who heads the Oceania Federation of Chinese Organizations from Vietnam, Cambodia, and Laos, has been a leading donor to pet projects for various Australian politicians.

There are no details yet on what should be done Duong, who has been very public with his appearances with Australian politicians, has gone wrong. But the Australian Federal Police raided several properties in Melbourne on October 16 in connection with the investigation.

Australia’s spy agency, the Australian Security Intelligence Organization (ASIO), has worked with the federal police equivalent of the FBI in a counter-foreign task force (CFI) on a year-long investigation.

“The CFI Task Force has taken precautions to harass this individual at an early stage,” said Australian Federal Police deputy commissioner Ian McCartney, according to Security. “Foreign interference goes against Australia’s national interests, it goes to the heart of our democracy. It is destructive and deceptive, and goes beyond routine diplomatic influence exercised by the government.”

ASIO began warning in 2017 about Chinese influence attempts to rein in Australian politics through donations and sympathetic politicians.

In the 2019 blockbuster allegations, ASIO said it was investigating evidence that Beijing is seeking to incorporate its operations as an elected official into the national Australian government. ASIO went public after the news media spread the news. A Melbourne luxury car dealer, Bo “Nick” Zhao, reportedly told ASIO that he was offered a “seven figure count” to run for government by a Chinese spy network. Zhao was found dead in March 2019 of unexplained causes in a Melbourne hotel room.

As usual, China has retaliated that Australia has been spying on China on a mass scale, inciting defections, spying on students, and providing fake stories to the news media. A foreign ministry spokesman, Zhao Lijian, said in response to a report that Australia had tried to harass the Chinese embassy in Canberra that Australia was playing “the part of the victim, peddling rumors and sparking confrontation by making jokes about thieves crying” stop thieves . ‘”

Exiled Chinese say they have faced intimidation from pro-Beijing forces while taking refuge in Australia. It is a situation similar to what other Chinese exiles say has happened in the United States. It appears that these shadow squads were dispatched to silence Beijing’s critics or force them to return to Chinese courts through threats against their families in China or abroad.

Australia was the first country to bar Chinese tech giant Huawei Technologies from engaging in the country’s 5G mobile phone networks. It cites national security concerns.

However, China is furious at Australia’s request to investigate the roots of Covid-19. It worked very loud behind the scenes to force concessions from the World Health Organization on how they will investigate the virus, with WHO leaving many important decisions to China, and limping in its efforts to send its own scientists to the epicenter of the virus in Wuhan.

Get an email alert every time I write an article about Real Money. Click “+ Follow” next to my byline for this article.

.



image source

Armenian officials compared Israel to Nazi Germany amid the Nagorno-Karabakh conflict | Instant News


The Advisor to the Chief of the General Staff of the Armenian Army Vladimir Pogosyan on Thursday compared Israel to Nazi Germany and promised revenge for its support for Azerbaijan in the conflict in the Nagorno-Karabakh region.

“Politicians in Armenia are finally starting to realize what Europe and Israel are, especially Israel. Israel today and Germany in 1933 are the same. The only difference is that I have understood it since the first war,” Podosyan wrote on Facebook.

“We will not forgive anyone, and we will not forget whose hand is covered in Armenian blood. The day will come, and we will take revenge. Israel, Turkey and other countries are building Azerbaijan armies. And what they achieved with it. ? We’ll win! Don’t hesitate about that. “

.



image source

Germany has promised to share any viral vaccines with Israel | Instant News


Germany this week said it would share with Israel any coronavirus vaccines it makes in Europe.

German Health Minister Jens Spahn on Sunday notified Israel’s Ambassador to Germany Jeremy Issacharoff about the decision, which comes after a meeting last week between Foreign Minister Gabi Ashkenazi and his German counterpart Heiko Maas in Berlin.

The foreign ministers of Israel, Germany and the United Arab Emirates visit the Holocaust Museum

Foreign Minister Gabi Ashkenazi, left, and his German counterpart met Heiko Maas in Berlin last week

(Photo: AFP)

Although the exact number of vaccinations is unclear, Israel is expected to receive thousands or possibly millions of vaccinations if the initiative is truly successful.

“I thank the German foreign and health ministers for their support to Israel in the fight against the coronavirus,” said Ashkenazi.

“This move symbolizes a special and deep friendship and a warm bond between countries.”

Corona vaccination illustrationCorona vaccination illustration

Coronavirus vaccine

(Image: Shutterstock)

According to Ashkenazi, receiving the vaccine from Germany “will allow the economy to return to full activity in Israel.”

He added that Ambassador Issacharoff and embassy staff “have played a large role in this important milestone.”

Germany’s decision to supply Israel with a vaccination developed by Europe is conflicting decision created by the European Union Health Safety Committee to supply first only European countries with European vaccinations.

But as one of the major powers in the EU, Germany is able to bypass committee decisions and justify its arrangement with Israel, among other things, with the “close ties” the two countries have.

Anglo-Swedish pharmaceutical giant AstraZeneca has recently continued clinical trials for a vaccine in Japan, UK, Brazil, South Africa and India.

.



image source

Apple Brings Health Records for iPhone to UK and Canada – October 8, 2020 | Instant News


Apple (AAPL Free Report) recently announced the availability of the Health Records feature in the Health app for users in the UK and Canada. This feature helps users view and store their medical records in a secure environment on their iPhone without compromising privacy.

Apple’s Health Records feature on iPhone is currently used by more than 500 institutions in the United States. The main benefit of the Health Record feature is that users can access their medical data in a centralized location. Additionally, Apple certifies that all Health Record data is encrypted on the device and protected with the user’s iPhone passcode, Touch ID, or Face ID.

Clearly, Apple’s collaboration with Cerner (CERN Free Report), Epic, Allscripts, and InterSystems enable standards-based integration of Fast Healthcare Interoperability Resources with Health applications for their UK and Canadian customers.

In particular, the University Hospital of the Oxford NHS Foundation Trust and the University Hospital of Milton Keynes NHS Foundation Trust are among the first healthcare institutions in the UK to offer this feature to their respective patients. In Canada, Women’s College Hospital, St. Joseph’s Healthcare Hamilton and Mackenzie Health do the same.

Apple Healthcare Initiatives to Help with Growth

Apple’s efforts to strengthen its footprint in the healthcare space have gained traction in recent years thanks to infusions of wellness features in Apple Watch and Health Records.

Specifically, Apple smartwatches offer activity tracking, fall detection alerts, heart rate monitoring and an electrocardiogram to detect irregularities with heart rhythm.

The company Zacks Rating # 3 (Hold) recently expanded its wearable device portfolio with the addition of the Apple Watch Series 6 and Apple Watch SE, which launched at the Time Flies event on September 15. You can see full list of Zacks’ # 1 Rank (Strong Buy) stocks today here.

The latest Apple Watch features a Blood Oxygen sensor that reflects the iPhone makers’ constant efforts to improve the health capabilities of the device. The Blood Oxygen Sensor helps measure oxygen saturation, or SpO2 level, which shows how well oxygenated blood is being delivered throughout the body.

In particular, using an advanced special algorithm built into the Blood Oxygen app, Apple Watch measures the oxygen level in the blood between 70% and 100%. Apple is also working with researchers to explore how oxygen levels in the blood could be used in health applications in the future.

In particular, according to IDC’s latest report, Apple continues to dominate the wearables market with a 34.2% share in the second quarter of 2020. Huawei, Xiaomi, Samsung and Fitbit (SUITABLE Free Report) lagging behind, respectively, with a market share of 12.6%, 11.8%, 8.3% and 2.9%. New devices and developing healthcare features are expected to further increase Apple’s wearables market share.

Additionally, Apple, at the Time Flies event, launched Fitness +, a personalized workout experience built for the Apple Watch, sparking competition for the likes of Peloton Interactive (PTON Free Report).

Fitness + tracks health and exercise-related data from Apple Watch that users can view on their iPhone, iPad, or Apple TV. Apple Fitness + will cover Cycling, Treadmill, Rowing, HIIT, Strength, Yoga, Dance, Core, and Mindful Cooldown. Each will be accompanied by music curated by the coach.

Apple Fitness + will be available in Australia, Canada, Ireland, New Zealand, Great Britain and the United States later this year. Fitness + will be available to Apple Watch subscribers as a subscription service for $ 9.99 per month or $ 79.99 per year.

More Stock News: It’s Bigger Than an iPhone!

It could be the mother of all technological revolutions. Apple sold only 1 billion iPhones in 10 years, but the new breakthrough is expected to produce more than 27 billion devices in just 3 years, creating a $ 1.7 trillion market.

Zacks has just released a Special Report highlighting this fast emerging phenomenon and 6 tickers to take advantage of. If you don’t buy now, you can kick yourself out in 2021.

Click here for 6 trades >>

.



image source