The world is currently in the midst of the biggest economic and social experiment of its entire history, with big tech trying to completely digitize our entire lives.
Under the pretext of preventing the spread of a disease, we are being pushed to work from home, learn via homeschooling, shop only online, communicate via internet conference platforms, and have our movement and contact profile recorded via tracking apps.
Digitization is also
For the Quarter Ending March 2021
North America
In North America, the price of Ethanol surged due to production cuts and high demand from the domestic consumers as well as for exports. Ethanol prices skyrocketed during Q1 2021 as an effect of low feedstock corn availability. Furthermore, winter season disrupted the production activity across the gulf coast that led several production plants to face unplanned shutdowns during January-February. In addition, USA exports skyrocketed due to sudden rise
For the Quarter Ending March 2021
Asia
The Asian market faced huge demand for Ethylene and its derivatives from downstream sectors which significantly supported its prices. In China, Ethylene demand suddenly surged after lunar holidays, but tight supply boosted the prices. Meanwhile, South Korean Hanwha’s 310 KTPA manufacturing unit went for partial shutdown in March. This shutdown was implemented to expand its production capacity and it is anticipated to resume its operation in early Q2 2021.
Market Overview
For the Quarter Ending March 2021
North America
Alkyl Amines market in the North American region witnessed constraint supplies of feedstock and was unable to cater the demand from downstream agrochemical and pharmaceutical market. Amines plants in DOW and BASF were forced to shut down amid the severe freeze weather conditions in the USA Gulf region. The region witnessed steep uptrend in the feedstock Ammonia prices which led to a multifold hike in the prices of Alkyl Amines as w
Management is not a function nor a blend of functions. It is a practice best understood by means of experience that are set in context.
All levels of education divide subject matter into definite categories, according to the means of creation of that knowledge, not by the manner in which it is used. This is true for Management Education as well.
Management Education being imparted in educational institutions, although essential, is missing a tremendous chance of creative learning for practicing
China-US Photo: Global Times
Alongside its trade war, the US government is also engaged in a digital war against China. A central target of this US war is microchips, the heart of all information technology devices and development.Wall Street on Parade
A Citizen Guide to Wall Street
By Pam Martens and Russ Martens: June 18, 2021, ~
Flag of the European Union
How embarrassing it must be for Jerome Powell, Chairman of the Federal Reserve, that three of the largest banks in the U.S. that are supervised by the Fed, have been deemed not trustworthy enough by the European Commission that they were banned from particip
When I run training for the development of risk frameworks, I ask participants to hold up their hand if they have a framework that is more than a couple of pages. I ask them to keep their hand up if it’s more than 10 pages, 20, 50 and I keep going if needs be. The winner so far had a framework that was over 200 pages. I kid you not. No wonder they were there to get help.
A great risk framework achieves your desired goals in the least amount of words possible. It should:
While every business understands the critical nature of regulatory compliance, we frequently hear about compliance violations and massive fines levied by regulatory bodies. Enforcing regulatory compliance is a challenging task because it requires compliance from every stakeholder in the business process. The employee dealing with customers on the front line must be aware of the organization's compliance requirements, but they are only the first line of defense. Then it becomes their manager's re
Smart Ticketing is a method of storing tickets on an electronic microchip that is embedded in a Smartcard. This method allows customers to bypass the ticket counters at the stations.
Customers can pre-purchase tickets for a specific term or load credit into their accounts. Users must swipe their card or phone over the NFC reader on the ticketing machine or at the barriers to authorize their journey, or display a QR card to the scanner. The system then either confirms the ticket or charges the ac
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The DMAIC is one of Six Sigma's most effective problem-solving methodologies. It is divided into five stages: Define, Measure, Analyze, Improve, and Control. This article will discuss the Analyze phase, which is the third phase of DMAIC. Specifically, we'll discuss what this phase entails and the tools that teams can use to identify potential causes and conduct root cause analysis (RCA).
What is the Analyze Phase?
The analysis phase, as the name suggests, entails determining the root cause of the
Financial services companies should opt for high-frequency trading servers in order to gain a competitive edge in the electronic trading industry. In the world of finance, speed and efficiency go hand in hand. In commercial banking and electronic trading, the turnout time o transaction is the main enemy to slow down the process.
It is no wonder that in the trading market, time works in nanoseconds. And those who are in electronic and commercial trading better know how time flies. The high-frequen
Mergers and Acquisitions enable numerous opportunities for growth. Organizations pursue these initiatives for a number of reasons—e.g. to expand further, attract more clients, or to broaden their product / service offerings. Scores of M&A transactions materialize across the globe each year, but not all of them achieve the synergies such deals promise. As a matter of fact, the success ratio is just around 27%.
The M&A Growth Framework is a structured approach to enhance the odds of a successful
A year ago, engineers built apps to track potential virus exposure. Our research shows the impact has been mixed—but there's still potential.
A couple of months back I wrote about how your staff come to work and bring their best selves (mostly). However, each ‘best self’ can have a different appetite for risk taking, and that means inconsistency in decision making. Sometimes, alarming decisions are made.
Last month I had a birthday bash to celebrate 20 years of my consulting practice. I invited a few past clients to be interviewed to put a light on some of the lessons I have learnt about risk management over the years. My greatest than
Insurance Analytics is accelerating the investment of data and transforming the insurance industry. There is no second thought that data analysis is one of the important pillars of insurance. For the past many years, mathematical models are being used by actuaries to predict property loss and damage.
But in recent years, insurers have realized the strategic importance of their customer’s data investments. So in order to improve the customer experience, they are adopting insurance analytics soluti
Why we can’t leave pharmaceutical
corporations in the driving seat
of the Covid-19 response
By Global Justice Now
You can Download the Entire Article in the
Link Bellow:
pharma_covid-19_report_web.pdf
In this week's blog post, we're sharing insights on our interview with David Asermely. David is a global Model Risk Management Lead at SAS driving strategic conversations with global institutions and influencing the SAS model risk management solution roadmap. He is passionate about translating data into actionable intelligence, and he focuses on combining the best technologies and design principles to improve modelling efficiency and quality. Based on that, we invited David Asermely to talk abo
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