Fortune Business Insights predicts the aerospace composites market size to reach $29.69 billion by 2026 – Intelligent Aerospace

PUNE, India - The global aerospace composites market size is expected to reach USD $29.69 billion by 2026 exhibiting a CAGR of 9.27% between 2019 and 2026. This is owing to the rapid development of the aerospace market into developing nations of the world. Aerospace composites are made up of two or more constituent parts of plastic supported by carbon fibers. Composites help to strengthen the overall structure of the aircraft, provide fuel efficiency, and improve the overall performance of the aircraft. A recently published report by Fortune Business Insights titled, "Aerospace Composites Market Size, Share & Industry Analysis, By Fiber Type (Carbon, glass, aramid, and Others), By Aircraft (Commercial Aircrafts, Military Fixed Wings, Business Aircrafts & General Aviation, Jet Engines, Helicopter, and others), and Regional Forecast, 2019-2026)" provides a comprehensive overview of the market and its prime growth trajectories. In 2018, the market value stood at USD $14.66 billion.

COVID-19 Impact Analysis:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

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Competitive Landscape:

Merger and Acquisition Strategies will Further Intensify Market Competition

Players operating in the global market for aerospace composites are emphasizing on adopting collaborative strategies such as mergers and acquisitions, agreements and contracts, joint ventures, and others. The adoption of such policies will help players compete intensely for earning the top position and earn high market revenue in the coming years.

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Fortune Business Insights predicts the aerospace composites market size to reach $29.69 billion by 2026 - Intelligent Aerospace

Aerospace Composites Market Size to Reach USD 29.69 Billion by 2026; Owing to Rising Traffic Commotion Worldwide: Fortune Business Insights -…

PUNE, India, April 23, 2020 /PRNewswire/ -- The global aerospace composites market size is expected to reach USD 29.69 billion by 2026 exhibiting a CAGR of 9.27% between 2019 and 2026. This is owing to the rapid development of the aerospace market into developing nations of the world. Aerospace composites are made up of two or more constituent parts of plastic supported by carbon fibers. Composites help to strengthen the overall structure of the aircraft, provide fuel efficiency, and improve the overall performance of the aircraft. A recently published report by Fortune Business Insights titled, "Aerospace Composites Market Size, Share & Industry Analysis, By Fiber Type (Carbon, glass, aramid, and Others), By Aircraft (Commercial Aircrafts, Military Fixed Wings, Business Aircrafts & General Aviation, Jet Engines, Helicopter, and others), and Regional Forecast, 2019-2026)" provides a comprehensive overview of the market and its prime growth trajectories. In 2018, the market value stood at USD 14.66 billion.

COVID-19 Impact Analysis:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

To Get Sample PDF With "Short-Term and Long-Term Impact Of COVID-19" On Aerospace Composites Market, Visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/aerospace-composites-market-102680

Competitive Landscape:

Merger and Acquisition Strategies will Further Intensify Market Competition

Players operating in the global market for aerospace composites are emphasizing on adopting collaborative strategies such as mergers and acquisitions, agreements and contracts, joint ventures, and others. The adoption of such policies will help players compete intensely for earning the top position and earn high market revenue in the coming years.

List of Key Companies Profiled in Aerospace Composites Market Research Report are;

What are the Objectives of the Report?

The report offers a 360-degree overview of the market and its prime growth parameters such as drivers, restraints, challenges, and upcoming opportunities. It also talks about market segmentation based on factors such as aircraft type, fiber type, and geography and the names of the leading segment with their market figures. Besides this, the report throws light on the significant key industry developments, current aerospace composites market trends, and other interesting insights into the market. The report talks about the market competition, list of market manufacturers, and the key strategies adopted by them to reach the top of the game and earn the lion's share in the market.

Browse Summary of This Research Report with Detailed TOC:

https://www.fortunebusinessinsights.com/aerospace-composites-market-102680

Market Drivers

Limitations of Metal in Aircrafts Will Open Doors of Opportunity for Market

The expansion of the aerospace composites industry in the developing nations of Asia Pacific is a major factor promoting the aerospace composites market growth. For maintaining a proper growth rate of the market in these economies, airliners have to offer attractive offers at reasonable prices, keeping in mind the regional economic status of the region to local customers. Aircrafts composites help to provide efficient operations at cost-efficient rates. This is anticipated to boost the overall market. Additionally, metal has its own drawbacks, and the use of composites will solve those issues, providing durable, sturdy, anti-corrosive, and easy availability, thereby driving the market.

Besides this, the increasing demand for high performance from military aircraft is further propelling the demand for composites in aircraft. The rising demand from the defense sector will also help the market gain impetus in the coming years.

Regional Segmentation:

Asia Pacific to Witness Rapid Growth owing to Increasing Demand for Mid-Sized Commercial Aircrafts

Most of the players in the global aerospace composites market have their base in North America. This stands as a significant reason for the region holding the largest aerospace composites market share. In 2018, this region earned $7.81 billion owing to the availability of advanced technology needed for the production of complex components used in the aerospace industry.

Asia Pacific, on the other hand, is anticipated to witness significant CAGR on account of the rapid expansion of the aviation industry and the rising demand for mid-sized commercial aircraft from nations such as India and China. Furthermore, the increasing investments in the defense sector and fighter planes in countries such as India are expected to create lucrative growth opportunities for the market in the coming years.

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Aerospace Composites Market Size to Reach USD 29.69 Billion by 2026; Owing to Rising Traffic Commotion Worldwide: Fortune Business Insights -...

United Technologies/Raytheon Highlights Key Issues in Aerospace and Defense Industry Merger Review – JD Supra

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United Technologies/Raytheon Highlights Key Issues in Aerospace and Defense Industry Merger Review - JD Supra

Cover Corona outbreak: Aerospace Adhesives and Sealants Market 2020-2025 Get Details like Top Industry Players | Technology | Innovations and Analysis…

Recent report on Aerospace Adhesives and Sealants Market Size by Application, By Types, By Regional Outlook Global Industry Analysis, Share, Growth, Opportunity, Latest Trends, and Forecast to 2025.

Aerospace Adhesives and SealantsMarket is estimated to reach xxx million USD in 2020 and projected to grow at the CAGR of xx% during 2020-2026

Download Premium Sample Copy Of This Report:Download FREE Sample PDF!

Global Aerospace Adhesives and Sealants Market valued approximately USD 807.55 million in 2018 is anticipated to grow with a healthy growth rate of more than 4.97% over the forecast period 2019-2026. Rising demand of aerospace adhesives and sealants owing to technological advancements is anticipated to drive the market towards high CAGR during the forecast period. Adoption of evolving technologies by usage of silicon and polyurethanes due to heat and pressure resisting properties offered by these materials is likely to drive the market demand. Growth of end-user industries is majorly attributing towards rising demand of the adhesives and sealants thereby supplementing growth to global aerospace adhesives and sealants market over the forecast period. However, the investments made in airline manufacturing sectors are quite uncertain, especially military and commercial aerospace applications may hinder the market growth.

The regional analysis of global aerospace adhesives and sealants market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising demand of aerospace adhesives and sealants in end-user industries. Europe also contributes a satisfactory growth in the global aerospace adhesives and sealants market due to growth in airline manufacturing sector. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2026 due to rising demand of air travel in developing countries such as India, China and Japan.

The leading market player included in this report are:3MH.B. Fuller Huntsman CorporationHenkel PPGIllinois Tool Works Inc.Cytec-Solvay GroupBostik (Arkema)Hexcel CorporationDowDuPont

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

AdhesivesSealants

By Resin Type:

Epoxy Silicone Polyurethane Others

By Technology:

Solvent-basedWater-based Others

By User Type:

Maintenance, Repair & OverhaulOriginal Equipment Manufacturer

By End-Use Industry:

MilitaryCommercialGeneral Aviation

By Aircraft Type:

Single Aisle Regional Jets Small Wide Body Medium Wide Body Large Wide Body

By Regions:North AmericaU.S.CanadaEuropeUKGermanyAsia PacificChinaIndiaJapanLatin AmericaBrazilMexicoRest of the World

Furthermore, years considered for the study are as follows:

Historical year 2016, 2017Base year 2018Forecast period 2019 to 2026

Target Audience of the Global Aerospace Adhesives and Sealants Market in Market Study:

Key Consulting Companies & AdvisorsLarge, medium-sized, and small enterprisesVenture capitalistsValue-Added Resellers (VARs)Third-party knowledge providersInvestment bankersInvestors

Have Any Query Or Specific Requirement?Ask Our Industry Experts!

Table of Contents:

Study Coverage:It includes study objectives, years considered for the research study, growth rate and Aerospace Adhesives and Sealants market size of type and application segments, key manufacturers covered, product scope, and highlights of segmental analysis.

Executive Summary:In this section, the report focuses on analysis of macroscopic indicators, market issues, drivers, and trends, competitive landscape, CAGR of the global Aerospace Adhesives and Sealants market, and global production. Under the global production chapter, the authors of the report have included market pricing and trends, global capacity, global production, and global revenue forecasts.

Aerospace Adhesives and Sealants Market Size by Manufacturer: Here, the report concentrates on revenue and production shares of manufacturers for all the years of the forecast period. It also focuses on price by manufacturer and expansion plans and mergers and acquisitions of companies.

Production by Region:It shows how the revenue and production in the global market are distributed among different regions. Each regional market is extensively studied here on the basis of import and export, key players, revenue, and production.

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We publish market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students.

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Cover Corona outbreak: Aerospace Adhesives and Sealants Market 2020-2025 Get Details like Top Industry Players | Technology | Innovations and Analysis...

Aerospace Titanium Market Segmentation, Application, Technology, Analysis Research Report and Forecast to 2026 – Cole of Duty

Timet

Global Aerospace Titanium Market Segmentation

This market was divided into types, applications and regions. The growth of each segment provides an accurate calculation and forecast of sales by type and application in terms of volume and value for the period between 2020 and 2026. This analysis can help you develop your business by targeting niche markets. Market share data are available at global and regional levels. The regions covered by the report are North America, Europe, the Asia-Pacific region, the Middle East, and Africa and Latin America. Research analysts understand the competitive forces and provide competitive analysis for each competitor separately.

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Aerospace Titanium Market Region Coverage (Regional Production, Demand & Forecast by Countries etc.):

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Some Notable Report Offerings:

-> We will give you an assessment of the extent to which the market acquire commercial characteristics along with examples or instances of information that helps your assessment.

-> We will also support to identify standard/customary terms and conditions such as discounts, warranties, inspection, buyer financing, and acceptance for the Aerospace Titanium industry.

-> We will further help you in finding any price ranges, pricing issues, and determination of price fluctuation of products in Aerospace Titanium industry.

-> Furthermore, we will help you to identify any crucial trends to predict Aerospace Titanium market growth rate up to 2026.

-> Lastly, the analyzed report will predict the general tendency for supply and demand in the Aerospace Titanium market.

Have Any Query? Ask Our Expert @ https://www.verifiedmarketresearch.com/product/Aerospace-Titanium-market/?utm_source=COD&utm_medium=002

Table of Contents:

Study Coverage: It includes study objectives, years considered for the research study, growth rate and Aerospace Titanium market size of type and application segments, key manufacturers covered, product scope, and highlights of segmental analysis.

Executive Summary: In this section, the report focuses on analysis of macroscopic indicators, market issues, drivers, and trends, competitive landscape, CAGR of the global Aerospace Titanium market, and global production. Under the global production chapter, the authors of the report have included market pricing and trends, global capacity, global production, and global revenue forecasts.

Aerospace Titanium Market Size by Manufacturer: Here, the report concentrates on revenue and production shares of manufacturers for all the years of the forecast period. It also focuses on price by manufacturer and expansion plans and mergers and acquisitions of companies.

Production by Region: It shows how the revenue and production in the global market are distributed among different regions. Each regional market is extensively studied here on the basis of import and export, key players, revenue, and production.

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Verified market research partners with the customer and offer an insight into strategic and growth analyzes, Data necessary to achieve corporate goals and objectives. Our core values are trust, integrity and authenticity for our customers.

Analysts with a high level of expertise in data collection and governance use industrial techniques to collect and analyze data in all phases. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research reports.

Contact us:

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Tags: Aerospace Titanium Market Size, Aerospace Titanium Market Trends, Aerospace Titanium Market Growth, Aerospace Titanium Market Forecast, Aerospace Titanium Market Analysis

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Aerospace Titanium Market Segmentation, Application, Technology, Analysis Research Report and Forecast to 2026 - Cole of Duty

EDM gets in the zone – Aerospace Manufacturing

EDM Zone uses a number of processes such as wire EDM, CNC spark erosion and CNC machining

In a Q&A session, EDM Zones technical engineering manager, Roger Wilson shares the companys passion in being part of the aerospace manufacturing and precision engineering supply chain.

EDM Zone is a UK-based company with a large amount of experience producing high quality precision engineered parts for a variety of industries. The company uses a number of processes such as wire EDM, CNC spark erosion and CNC machining.

Q) Please provide a brief potted history of the company?

EDM Zone has been operating for ten years now, and specialises in precision engineering, specifically wire EDM. We have around 30 members of staff and thanks to year-on-year growth, were still expanding and investing in new machinery.

Q) Give me a feel for the size, scope and lead-times of the EDM work you do?

The big focus area with EDM machining is speed

We take a great deal of satisfaction in offering great lead-times to our customers, and we have been able to turn around orders in just one day. Much of our EDM work involves small and very precise components being produced in large quantities, sometimes over 1,000 units. Regardless of how quickly a customer needs an order or how many units we need to produce, ensuring every piece is delivered to the highest quality is crucial.

Q) What are the types of performance demands placed on your company by todays customers?

Our customers are always looking for us to push the boundaries of what is technically possible. We work with the customer at the design stage of a project and offer our engineering and technical guidance wherever possible as we want our customers to end up with the best possible finished product. Whenever a new customer comes to work with us, they are assigned a dedicated account manager who is there to support them and answer any questions. This goes along with our robust ERP systems to keep customers up to date.

Q) Is there a particular success story you can briefly talk about?

We recently produced a part for the aerospace industry using wire EDM, spark erosion and CNC milling. The part was technically outstanding and was within a 3m tolerance. The customer wanted thousands of parts turned around in two weeks, and we beat the turnaround delivering the parts within the week. This saved the customer money and time.

Q) What do you feel are the most important assets of a company?

While our machines are top of the line, we pride ourselves on employing great people who can work to a really high standard while enhancing the work environment for everyone. The experience and technical abilities of our staff, and their track record of adapting to problems presented to them, always gives us confidence that we can complete even the most challenging order.

Q) How much importance are you placing on Industry 4.0/IoT/Cyber physical systems and the advent of smart tools and adaptive machining in general?

Our ERP system is undergoing a change, which will make it the first of its kind to capture shopfloor data. It will also include a new high-tech approach to managing jobs and tracking the processes going on through the factory.

Q) What differentiates your company from the competition why should a customer use you over your nearest rival?

We feel we offer the best combination of experience, technical and manufacturing ability along with excellent customer service and turnaround times. Also, because we have been able to expand year-on-year, our engineering capacity allows us to deliver a complete process to our customers.

Q) What kinds of EDM machine tool developments will we be seeing in the future?

The big focus area with EDM machining is speed. As machines develop, the overall EDM process will become faster and more reliable. To continue offering the best service and quality to our clients, EDM Zone is committed to continuing to invest in these new machines when they become available.

http://www.edmzone.co.uk

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EDM gets in the zone - Aerospace Manufacturing

Aerospace Accumulator Market is Predicted to Witness Rapid Growth by 2026 – GroundAlerts.com

The aerospace accumulator market report, in a nutshell, is a composition of very vital aspects. The study aims to simplify the understanding of the industry for potential stakeholders and help them streamline the process of business decision-making. Pivotal details such as the SWOT analysis, Porters analysis, and industry impact forces are mentioned in the report, that also elucidates substantial information pertaining to the pitfalls and challenges prevailing in the industry.

Based on materials, industry is categorized into steel and hybrid. Hybrid material includes carbon composite material used for outer housing. Hybrid material share will increase owing to surge in demand of light weight components for fuel efficient aircraft. Composites products are nearly 66% lighter than conventional ones. Stringent government regulation on carbon emission reduction will stimulate the demand for light weight, high efficient components. Demand for steel component will affect due to raw material cost, comparatively higher weight and need for frequent product maintenance.

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Aerospace accumulator market report industry segmentation What points are mentioned in the study about the aircraft spectrum?

Aerospace accumulator market report industry segmentation What points are mentioned in the study about the application spectrum?

Certain other important report takeaways:

North America will dominate aerospace accumulator market during the forecast timeframe owing to strong presence of manufacturers and highest number of international passenger fleets in the region. Airbus & Boeing are two major aircraft companies annually deliver more than 1000 aircraft worldwide. There are more than 26,500 average daily scheduled passenger flights and airline companies are adding more numbers of aircraft to cater increasing demand.

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In substance, the aerospace accumulator industry report analyses the industry landscape in terms of numerous parameters, like the driving forces impacting the revenue scale of this industry and the ongoing trends defining the industry spectrum. In addition, the study mentioned the industry insights, market segmentation, and is also inclusive of information pertaining to the companies that partake in aerospace accumulator market share.

Some of the component manufacturers are Eaton Corporation, Woodward, Senior Aerospace, Haydac Technologies, APPH Group, Triumph Group, Parker Hannifin and Valcor Engineering among others. Specific needs and performance product requirement by OEMs resulting in preference to work with trusted vendors only.

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Aerospace Accumulator Market is Predicted to Witness Rapid Growth by 2026 - GroundAlerts.com

Ball Aerospace moves into full production of the Space Force’s Weather System Follow-on satellite – Space Daily

Ball Aerospace conducted a critical design review (CDR) of the Weather System Follow-on (WSF) satellite mission, which it is building for the U.S. Space Force Space and Missile Systems Center (SMC). With CDR concluded, Ball Aerospace begins full production of the satellite.

Upon delivery, this next-generation operational environmental satellite system will provide critical and actionable environmental intelligence to military operations in all warfighting domains.

"Measuring and understanding the physical environment is critical to military operations, from determining tropical cyclone intensity for asset protection and maneuver operations to how wind and sea state play into assured access and aircraft carrier operations," said Mark Healy, vice president and general manager, National Defense, Ball Aerospace.

"Ball is proud to be a mission partner with the Space Force, working closely and collaboratively to ensure the success of this program, which extends Ball's legacy of providing precise measurements from space to enable more accurate atmospheric and ocean forecasting."

WSF is designed specifically to mitigate three high-priority Department of Defense Space-Based Environmental Monitoring (SBEM) gaps: ocean surface vector winds, tropical cyclone intensity and the space weather gap, low Earth orbit (LEO) energetic charged particles.

It will also address three additional SBEM gaps: sea ice characterization, soil moisture and snow depth. As the prime contractor for WSF, Ball is responsible for delivering the entire mission, including instrument, spacecraft and system software, as well as the algorithms for data products, to SMC.

Ball has played key roles on numerous operational weather satellite programs, including the Ball-built Suomi National Polar-orbiting Partnership (Suomi NPP) satellite, which launched in 2011, and the Joint Polar Satellite System-1 (JPSS-1) satellite, now NOAA-20, which launched in 2017.

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Ball Aerospace moves into full production of the Space Force's Weather System Follow-on satellite - Space Daily

GE Stock Is Still a Buy, Analysts Say. Heres Why, and Where It Might Go. – Barron’s

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Analysts are adjusting numbers ahead of General Electrics first-quarter earnings, due next week. And the commercial-aerospace debacle is weighing on Wall Streets target prices for GE shares.

UBS analyst Markus Mittermaier cut his price target for General Electric shares (ticker: GE) to $9 from $12 on Thursday. He still calls the stock a Buy and his price target is still 38% above recent levels.

Citigroup analyst Andrew Kaplowitz cut his price target for GE shares to $9 from $11. He also still rates shares Buy.

Despite the target price cuts, GE stock was up 2.3% Thursday morning. Predicting stock reactions in a Covid-19 world isnt as easy as it used to be. A lot of bad news is already reflected in GE shares.

The stock is down 42% year to date, worse than the comparable drops of the Dow Jones Industrial Average, S&P 500 and other industrial companies. The Industrial Select Sector SPDR EFT (XLI) is down about 24% year to date.

GE is a large industrial conglomerate, but its largest business is making jet engines and commercial aerospace has been hammered by the Covid-19 pandemic. Aerospace suppliers Barrons tracksincluding GEare down about 48% year to date. Boeing (BA) shares are off 58%. Stock in airlinesthe companies which ultimately buy the planes and jet enginesare down roughly 60% year to date.

The path forward for commercial aerospace looks rough. Aerospace related headwinds in particular [are] an evolving headwind that could materially pressure results [versus] our prior expectation, Kaplowitz wrote in his Thursday research report. The International Air Transport Association cut its 2020 traffic estimate to down 48% year over year. About 17,000 planes, or 64% of the global fleet, are parked because of no demand.

The outlook is hitting earnings estimates in 2020 and 2021. Kaplowitz cut his 2020 and 2021 earnings estimates by two dimes, to 20 cents and 45 cents a share from 40 cents and 65 cents a share, respectively.

Commercial aviation faces unprecedented challenges, Mittermaier wrote. He assumes a return to 2019 commercial air-travel demand in 2024. He cut his 2020 and 2021 earnings estimates, as well, to 8 cents and 41 cents a share, respectively.

Not everyone is as bearish on the outlook for GEs aviation business. Stalled but not broken, wrote Bank of America analyst Andrew Obin in a Wednesday research report. Covid-19 has stalled commercial aerospace but airlines cant avoid aftermarket services, he said.

It might take years for demand for new planes to recover, but he thinks GEs aftermarket parts-and-service business will rebound much faster. Whats more, profit for aftermarket service is higher than for new engines. New equipment is sold at essentially break-even levels. The money is made in services. As a result, Obin thinks GE aviation profit margins will approach prior levels by 2022.

He rates shares Buy and has an $11 price target for the stock. His 2021 estimates are actually below the other two analysts, at 35 cents a share. But he has earnings rebounding to 63 cents a share in 2022.

The other two analysts also see a 2022 uptick. Kaplowitzs 2020 GE estimate is 55 cents a share. Mittermaiers number is 70 cents a share. It is tough to value stocks on 2022 earnings, but GE shares are trading for roughly 10 time the average of the three estimates. The S&P 500 trades for about 14.8 times 2022 estimates.

The shape of the aerospace recovery is still up for debate. That is one reason for the valuation discount. Aerospace was one of the best-performing industrial end markets for the past decade, before Covid-19 upended everything.

Write to Al Root at allen.root@dowjones.com

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GE Stock Is Still a Buy, Analysts Say. Heres Why, and Where It Might Go. - Barron's

Changes at the top for the NWAA – Aerospace Manufacturing

Sharon McDonald, CEO of the NWAA

Following the Northwest Aerospace Alliance boards desire to place more emphasis on a more commercially-focused business, Sharon McDonald has been unveiled as the Organisations new CEO.

The Northwest Aerospace Alliance (NWAA) board recently announced the appointment of Sharon McDonald as CEO to replace former CEO, David Bailey. As a strong professional executive with a considerable commercial and business background, McDonald is seen as exceptionally equipped to lead the Organisation through the next phase of its progression.

The NWAA boards confidence is tinged with some sadness in moving on from such a great CEO as Bailey, who has been regarded as a fantastic leader and servant to the causes of the industry and region over the last 15 years.

Recently unveiled as the new CEO of Composites UK, Bailey will still be closely linked to the programmes of the NWAA for the foreseeable future, and the Organisation will commit to him contractually for the continuing activities of a programme and industry representation nature. Bailey will be expanding his business involvement and services across a wide span, using his talents to further business enterprises, particularly in the North West.

I look forward to working with David very closely in his new capacity with a determination to focus on NWAA profitability over the next few years, states new CEO, Sharon McDonald. Of course, we get the best of both worlds the best bits of David his focus on our programmes, such as SC21 Competitiveness & Growth (C&G) and National Aerospace Technology Programme (NATEP), and continuing to be the facilitator leading our member events and to further his important involvement with the Aerospace Growth Partnership.

According to McDonald, there will be a continued focus on Member benefits, events and exhibitions, and providing the NWAAs members with the platform to promote their products and services.

Indeed, NWAA members were recently given the inside track to one of the best performing parts of the Airbus ecosystem. 46 delegates took part in the Inside the Prime Event at the OEMs Broughton site last February, where they were given an overview of operations.

The briefings were followed by tours of the Single Aisle Flowline where the Final Wing Box equipping takes place, as well as the North Factory it is the most recent addition to the Broughton manufacturing complex which acts as the production facility for the A350 wings. The day also included presentations from senior Airbus representatives on the best way to become involved in the Airbus supply chain.

We also hope to bring our members more of these events within the Primes and we are aiming to organise another one during the Autumn of 2020, continues McDonald. We will be continuing with our popular and informative supply chain workshops throughout the year. Also, our Annual Conference flagship event will be held on 14th May at the Dunkenhalgh Hotel, Blackburn.

McDonald concludes that as always, the NWAA exists to support and benefit its members and the aerospace industry in the North West region.

The NWAA needs the support of its members at our events and our airshow exhibitions in order to help maintain the profile and prestigious reputation of the aerospace industry in the North West. I thank you for your support and look forward to working with you in the future.

http://www.aerospace.co.uk

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Changes at the top for the NWAA - Aerospace Manufacturing

COVID-19 impact: Aerospace Composites Market Forecasted To Surpass The Value Of US$ XX Mn/Bn By 2055 2015 2021 – Cole of Duty

Given the debilitating impact of COVID-19 (Coronavirus) on the Aerospace Composites market, companies are vying opportunities to stay afloat in the market landscape. Gain access to our latest research analysis on COVID-19 associated with the Aerospace Composites market and understand how market players are adopting new strategies to mitigate the impact of the pandemic.

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Regional Overview

Our team of analysts at PMR, trace the major developments within the Aerospace Composites landscape in various geographies. The market share and value of each region are discussed in the report along with graphs, tables, and figures.

Competitive Outlook

This chapter of the report discusses the ongoing developments, mergers and acquisitions of leading companies operating in the Aerospace Composites market. The product portfolio, pricing strategy, the regional and global presence of each company is thoroughly discussed in the report.

Product Adoption Analysis

The report offers crucial insights related to the adoption pattern, supply-demand ratio, and pricing structure of each product.

the key manufacturers in the aerospace composites market are Hexcel Corporation, Gurit Holding Co., Cytec Industries, Royal Tencate, Toray Industries Inc. and GKN Plc among others.

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COVID-19 impact: Aerospace Composites Market Forecasted To Surpass The Value Of US$ XX Mn/Bn By 2055 2015 2021 - Cole of Duty

Euthanasia allowed by Dutch court in cases of advanced dementia – CNN

In the landmark decision, the court said that a physician may respond to a written request for euthanasia made before someone develops advanced dementia, provided certain legal requirements are met -- even if the patient's condition means they become unable to confirm that request.

Euthanasia is legal in the Netherlands if the relevant criteria are met, which include a voluntary and well-considered request from the patient, "unbearable suffering without any prospect of improvement," and the lack of a "reasonable alternative," according to the Royal Dutch Medical Association.

If those conditions are not met, the practice is still a punishable offense.

In 2002, the Netherlands became the first country in the world to legalize euthanasia.

The woman had written a directive asking for euthanasia in the event she was admitted to a nursing home with dementia and she thought the time was right.

Prosecutors had argued that the doctor did not do enough to confirm consent in ending the woman's life, saying that once she was admitted to the home, she gave "mixed signals."

At the time, the court concluded that the unidentified doctor, who has since retired, carried out euthanasia in accordance with the law and had not been negligent.

"A doctor may respond to a written request for granting euthanasia to people with advanced dementia. In such a situation, all legal requirements for euthanasia must be met, including the requirement that there is hopeless and unbearable suffering. The doctor is then not punishable," the Supreme Court said in a statement Tuesday.

The ruling also noted that doctors can legally follow through with the procedure if the patient can no longer agree to it, due to their illness.

"Even if it is clear that the request is intended for the situation of advanced dementia, and that situation is reached so that the patient is no longer is able to form and express a will, there can be circumstances where no follow-up on the request is possible," it said.

Ren Hman, president of the Royal Dutch Medical Association welcomed the ruling, but warned that the situation remained complicated for doctors.

"It is good that there is now a ruling from the Supreme Court. But even with more legal clarity, not all complicated dilemmas around euthanasia in the case of dementia are gone. With every request to end a life, a doctor must still make an individual assessment if euthanasia is appropriate and if all due care criteria are met," Hman said in a statement.

"Doctors act according to professional standards and also on their moral compass. The doctor's own consideration is and remains very important," he added.

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Euthanasia allowed by Dutch court in cases of advanced dementia - CNN

Terminally ill Hobart woman wants to choose when she dies, but coronavirus delays assisted dying legislation – ABC News

Updated April 21, 2020 06:30:20

Sue McCuaig fell sick "out of nowhere" when a visit to the GP around Christmas time and a subsequent brain biopsy revealed grade four cancer.

Ms McCuaig, 66, was diagnosed with glioblastoma - an almost always fatal brain cancer with an average life expectancy of just over a year.

She has had radiation and chemotherapy, but the coronavirus pandemic has meant plans to travel with her family, other than a brief trip to Uluru in March, had to be cancelled.

The first question Ms McCuaig asked her doctor following her diagnosis was whether she would have the chance to stop treatment and life if she chose to.

"I am very conscious of wanting to say when it's time for me to go," she said.

"I don't want to die when I'm the sickest I could possibly be because that's the only way we're allowed to do it."

Ms McCuaig and her family are concerned that debate on a Bill to introduce voluntary assisted dying in Tasmania will be delayed due to coronavirus.

Before the pandemic, Tasmania's Parliament had been expected to debate legislation to introduce voluntary assisted dying in August.

With changes to the sitting schedule, the Bill is now likely to be tabled in late September by independent Upper House MP Michael Gaffney, and debate will need to work around a Budget session of Parliament expected in October.

Ms McCuaig's daughter Shelley said any delay could have an impact on her mother's choices.

"Knowing she would have a choice down the track would make now a less anxious time," she said.

"We'd just be a bit more reassured if we knew we could carry out mum's wishes.

"For us it absolutely is a matter of urgency and we would just ask that the politicians do prioritise this piece of legislation and do address it now."

Mr Gaffney's End of Life Choices Bill would be the fourth Bill of its kind to be debated in Tasmania's Parliament, but the first to be debated in the Upper House.

The numbers are expected to be tight in both chambers.

Under the draft Bill, to be eligible for voluntary assisted dying a person would need to be 18 or over, a Tasmanian resident, capable of making decisions, and be suffering intolerably in relation to a relevant medical condition.

It would involve two medical practitioners, and the person would need to make first, second and final requests.

Mr Gaffney said he was optimistic the Bill could pass both Houses by the end of this year, despite the coronavirus pandemic.

"The primary purpose for me for this Bill is to give people a choice. That sounds really nice, but I do believe people should have the right to choose how they exit this world, especially if they're in intolerable suffering," he said.

"Nobody wants their parent or friend or loved one to suffer needlessly. Therefore I think the time is right for this debate.

"We've got to think that if this doesn't succeed at this hearing, it will be some years before Tasmania takes on the debate again."

The Australian Medical Association's Tasmanian branch is opposed to the draft Bill as it stands.

President John Burgess labelled the proposed legislation a form of physician-assisted suicide, "to which the AMA is strongly opposed."

He has called for the Bill to be changed to remove any need for doctors to be involved, other than by providing certificates of diagnosis and prognosis.

"The legislation as a fundamental starting point should not require the doctor to be involved in the administration of the medication or whatever process is used for euthanasia," Professor Burgess said.

"That's not a doctor's role.

"A doctor's role is to care for patients, to treat them, provide comfort and support, and to relieve suffering, but not to intentionally end a patient's life."

Separately, Professor Burgess said it was "inappropriate" to progress the Bill during current circumstances due to the difficulty of running an effective consultation process.

Mr Gaffney said no doctor or nurse would be required to participate unless they wished to be involved, and they would need to undertake training similar to what was required in Victoria and Western Australia, where voluntary assisted dying has been legalised.

The now-Health Minister Sarah Courtney told Parliament during debate on the last Bill in 2017 that she wanted it to be legal for an individual to choose to end their life when their circumstances were filled with intolerable and unrelievable suffering, but ultimately voted against that Bill.

Ms Courtney said she would give the new legislation careful consideration and scrutiny.

Mr Gaffney is seeking feedback on the draft Bill.

Topics:community-and-society,death,euthanasia,health,diseases-and-disorders,covid-19,tas,hobart-7000,launceston-7250

First posted April 21, 2020 05:41:44

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Terminally ill Hobart woman wants to choose when she dies, but coronavirus delays assisted dying legislation - ABC News

The elderly can still be heroes in the Covid-19 crisis – BioEdge

It is a far, far better thing that I do, than I have ever done; it is a far, far better rest that I go to than I have ever known. Thats Sydney Carton awaiting the guillotine, laying down his life for a friend. An example of extreme altruism if ever there was one.

The Covid-19 pandemic offers employment opportunities for many more Sidney Cartons, even, or especially, elderly patients infected with the virus, write Julian Savulescu and Dominic Wilkinson, both from Oxford University, in the blog of the Journal of Medical Ethics.

there is a constant national emergency: we are all aging and slowly dying. There is a war against aging and death: we are fighting it with medicine. And people should be able sacrifice their interests or lives in this war.

They give several startling examples of what they mean.

Volunteering for risky trials in COVID patients with severe illness. People should be able to consent to take part in trials, or even compassionate use, of risky interventions on COVID-19 provided these generate usable knowledge of benefit to others.

Voluntary research euthanasia. When a patient will certainly die, they should be able to consent while competent to experimentation being performed on them for others, even if the experimentation may itself likely or possibly end their life sooner.

Organ donation euthanasia. A person could consent in advance to donation of their organs if it were decided that they would have medical treatment withdrawn on usual grounds, and they would certainly die of respiratory failure over a period of hours or days provided, of course, that the organs were not infected with Covid-19.

Military research service. Early or risky vaccine trials of a COVID-19 vaccine could be conducted on soldiers in exchange for avoiding active service, which involves risk of death.

Nursing home volunteers for risky research. The elderly could perhaps take place in risky challenge studies for coronavirus or early trials of vaccines or treatments. Perhaps many nursing and care home residents wouldnt want to take part in risky research. But they ought to be given the opportunity, if they are competent.

Michael Cook is editor of BioEdge

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The elderly can still be heroes in the Covid-19 crisis - BioEdge

Zoo insists that its animals will not be put to sleep – Devon Live

Paignton Zoo has insisted that it the current coronavirus pandemic and lockdown would have to become "much worse" before it would even contemplate the drastic measure of euthanising any of its animals.

The zoo posted a strongly worded retort to an article on DevonLive which primarily highlighted the financial difficulties it was facing due to the COVID-19 lockdown and promoted it's Help Our Zoo appeal which aimed to raise funds towards the 414,000 a month it costs to run the zoo.

A spokesman for the zoo told DevonLive that staff were having "some difficult conversation and making decisions in the next six or seven weeks".

DevonLive's article, which is accurate and, contrary to the zoo's Facebook post, never stated euthanasia was being discussed, was published after speaking at length with one of the venue's directors who confirmed what plans were being drawn up for the future of its animal collections.

The zoo spokesman added: "The bigger animals are the biggest attractions and bring people in - it would be a false economy to get rid of the lions and tigers or any of the apes."

While not specifically stating what the precise meaning of the words "get rid of" meant, the zoo admitted that no animals had been euthanised.

The discussion regarding what action may need to be taken over the coming months drew concerns from the public, many of whom regularly attend the zoo and consider it a favourite attraction.

It also led to a number of claims that DevonLive had misreported the entire issue.

Paignton Zoo took to it's Facebook page to criticise the article claiming that the story had suggested the zoo was "considering euthanasing some of its animal collection".

The post said: "Nobody from the zoo has said this. The current crisis would have to be much worse before such a move would even be contemplated."

However, while insisting that no such move had been contemplated, the zoo added: "Having said that, nobody should underestimate the financial challenge facing us.

"Like all zoos we currently have no income at all but our costs are still extremely high, running to hundreds of thousands of pounds per month.

"This is clearly an unsustainable situation so it would be remiss of the zoo's owner, the Wild Planet Trust, were it not to be looking very hard at what it can do to mitigate the loss and protect itself, and its zoos, for the future.

"We suspect that every single charity, business and enterprise in the country is doing exactly the same.

"We are very grateful for the support that has been offered to us and for the donations that we have received in the last few weeks."

In 2014, Paignton Zoo's Simon Tonge spoke with the BBC over the issue of euthanising healthy animals held in captivity as part of a Radio 4 programme about the international issue.

It came after a number of zoos were criticised for putting down animals including giraffes, hippos, leopards, tigers, lions, bears and antelopes.

He warned that attaching numbers to culls was problematic, saying that any headline with claimed zoo's euthanise thousands of animals per year would be misleading.

He told the BBC: "Well OK, but you know most of those animals were rats or mice or something like that.

"If we ever got to the point of having to consider euthanasia for a gorilla I would argue that that one gorilla would generate more interest and more column inches than 10,000 rats. So the numbers game for me is kind of irrelevant."

He said further problems came from how such a incident was categorised.

He said: "Suppose we have two animals of a species. Both are ill, but we know that with a year or more's intensive veterinary effort, we can make them well again.

"One of them is never going to breed because it's genetically not important enough, but the other one is more important.

"Because we just don't have that time and the money to invest in both of those animals we euthanise the least [genetically] related one.

"Is that a veterinary euthanasia or is that management euthanasia? I genuinely don't know.

"I wouldn't know which column to put it in in the inventory we just don't count them really."

DevonLive has contacted Paignton Zoo's communication's manager this morning (April 25) via phone and email for comment to clarify the matter.

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Zoo insists that its animals will not be put to sleep - Devon Live

When buying time runs out – National Hog Farmer

Smithfield, Sioux Falls, S.D.; JBS, Worthington, Minn.; Tyson Fresh Meats, first in Columbus Junction, Iowa, then Waterloo, Iowa, and Logansport, Ind. the list of pork processing facilities that have had to pause production at some point due to COVID-19 continues to increase each day. Each time a packing plant shuts down, the impact ripples through the pork supply chain from farrow to finish. For those producers who rely on those plants to market their hogs, buying time has never been more critical as they make every effort to avoid euthanasia.

"I think pork producers have done a really good job about doing everything they can to avoid having to do that," says Bob Thaler. "I mean they're double-stocking, they're holding the heavier weights, they're doing about everything they can. Packing plants have stepped up and helped move through some of that kill, but we're going to get to a point where that's not enough."

When that time comes to make difficult decisions, the South Dakota State University professor and Extension swine specialist says producers will need to work with two different entities. In South Dakota, the first call will need to be to Dustin Oedekoven, South Dakota state veterinarian.

"Before you dig a hole you need to contact Dr. Oedekoven's office at the Animal Industry Board so those plans can be approved because there are parameters about where they can be buried if you decide you want to go with the burial route," Thaler says. "Any plan for carcass disposal must first be approved by the South Dakota Animal Industry Board."

Thaler, who has been conducting an above-ground burial research project at SDSU, says that could be an efficient option for producers. Thaler's research team began the project last June to address how to effectively dispose of carcasses infected with a foreign animal disease from a commercial swine production unit without contaminating the environment and further spreading the disease. The process involves digging a two-foot deep trench, laying down 20 to 24 inches of organic matter, such as corn stalks, and then placing the animal mortality on top of that and filling the trench with dirt.

However, he says there are a lot of different ways to do composting. In Minnesota, research has been done with grinding the carcasses with a mixture of either cornstalks or wood chips and that has also been effective. While rendering may be an option now, Thaler cautions that industry may soon be overwhelmed, and incineration is most likely not going to be an option.

The second entity SDSU Extension urges producers to contact is their county National Resources Conservation Service. Thaler says there could be some funds available, such as Environmental Quality Incentives Program dollars, for carcass disposal, but the rates will differ depending on if the producer goes with burial, composting, incineration or landfill.

Regardless which burial method producers choose, Thaler says before producers take any of these actions, they need to work with their veterinarian.

"When you have a large number of animals that have to be euthanized, other things come into consideration, so obviously your herd health professional, your veterinarian should be the first one you would reach out to," Thaler says. "I would also suggest reaching out to the National Pork Board. They're a great resource when it comes to a lot of things like that in every one of those decisions animal wellbeing has to be at the forefront."

Thaler, who started his career in 1988 and has seen his share of downturns in the pork industry, says this experience is much worse, as it impacts producers both financially and emotionally. He has already fielded several calls from producers about those difficult decisions that may lie ahead.

"You can tell that's in the back of their mind, and they want someone to talk to, and so I think the emotional and mental strain of having to euthanize animals that you've cared for their entire lives is going to be much worse than the financial burden," Thaler says. "Again, mass euthanasia is certainly going to be the very, very last resort. Producers are going to do everything they can to prevent that, but when that finally happens, it will be the very last option they have available to them. We need to keep those people in our thoughts and prayers, and to reach out to our friends and neighbors who are going through this situation. It's going to be very difficult for a lot of people."

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When buying time runs out - National Hog Farmer

There’s a way for everyone to uphold sanctity of human life – denvercatholic.org

By Father Luis Granados, dcjm

As we celebrate the 25th anniversary of Evangelium Vitae, an old question reappears in our conversations: Can we still talk about preeminent life issues? Are abortion and euthanasia significantly different from other sins? As we will see, St. John Paul II considered them particularly serious and deplorable. By striking the fundamental relationships of the family the sanctuary of life these acts break the basic trust of our society and become the highest expression of the strong oppressing the weak.

In Evangelium Vitae St. John Paul II invites us to love, respect and promote life. The encyclical focuses on two offenses against life: abortion and euthanasia. Two solemn declarations condemn them as intrinsically evil, as the deliberate and direct killing of an innocent human being (EV, 62 and 65). But some argue today that it would be better to focus on other ethical issues like immigration, social injustice or environmental sins, which they claim are just as wrong.

By drawing particular attention to the seriousness of abortion and euthanasia, St. John Paul II doesnt intend to neglect other aspects of life which deserve careful consideration. However, among the many sins against life, some are graver than others. What makes these two offenses graver than sins against the environment or immigrants, for example?

First of all, in the case of abortion and euthanasia, we are dealing with the direct and intentional killing of the innocent. As such, we are dealing with the irreversible end of the life of the victim and, for that reason, also with the destruction of the heart of the murderer. Other sins against life may involve the injustice of not receiving proper means or protection for living (food, housing, legal documents), but here we are dealing with life itself.

The second reason is the consideration of the victim: an innocent and fragile human being. In abortion, we have the baby in the womb, the most vulnerable and innocent among the vulnerable, while in euthanasia, we have the elderly and the disabled. In other sins against life, we may have guilty or innocent people, but never someone as vulnerable and as in need as the embryo and the elderly.

Thirdly, the greater gravity of abortion and euthanasia is manifested when we consider the murderer. The physician, the father and the mother, those appointed by God as its keepers, are those who destroy the baby, and are subsequently morally destroyed. Children are called to honor their elderly parents, but in euthanasia, it is sometimes the children who decide to kill them. In both cases, the relationship between generations, the basic bond that builds our society, is destroyed.

Abortion and euthanasia are graver sins because they corrupt the human heart in a deeper way. They extinguish the most basic relationships within the family and therefore in our society. Thats why St. Teresa of Calcutta said that the greatest destroyer of peace today is abortion, and we could add, euthanasia. Both are a war waged against children and the elderly. What they damage is not only the good of individuals but also the common good.

Finally, abortion and euthanasia are the type of sins that can never be justified. They are intrinsically evil. No circumstance, no purpose, no law whatsoever can ever make licit an act which is intrinsically illicit, since it is contrary to the Law of God which is written in every human heart, knowable by reason itself, and proclaimed by the Church (EV, 62). In other sins against life, like immigration, we enter into the realm of prudential decisions: How many immigrants should our country welcome? Under which conditions? But in the case of abortion or euthanasia there is no such deliberation. We are dealing with an action that is always evil: always and in every circumstance (Veritatis Splendor, 52).

What about sins against the environment? In these cases, we are usually talking about indirect actions. Whereby we choose good actions (like flying frequently in order to visit a sick relative or to provide for my family) that may indirectly cause damage to our planet in the long term. We are, of course, responsible of the effects of the actions, sometimes also indirect, but our responsibility is limited to the consequences we can reasonably foresee (and in the measure of our action, not in the measure of the whole effect). The gravity of these sins is significantly smaller than in the case of abortion and euthanasia.

The coronavirus epidemic is helping us be more aware of the preciousness and weakness of human life, especially of the elderly. As Pope Benedict XVI wrote, the true measure of humanity is essentially determined in relationship to suffering and to the sufferer (Spe Salvi, 38). The coronavirus teaches us about the fragility of our life and our relationships. In moments of sickness we renew our fundamental faith in the One who heals all our diseases. There is, however, something even worse than the coronavirus. That is the afflictions that come not from outside, from the calamities of the world, but from our own evil, free actions. On this 25th anniversary of Evangelium Vitae, St. John Paul II passes the baton of the building of a culture of life to us.

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There's a way for everyone to uphold sanctity of human life - denvercatholic.org

Peterson Urges the Federal Government to Take Steps to Assist the Nation’s Pork Producers – KFGO News

House Agriculture Committee Chairman Collin C. Peterson called on the Federal government to address the building stress and challenges facing the nations pork producers in a letter.

Processing plants have had to close due to COVID-19 outbreaks and that leaves pork producers with no place to take hogs which need to be slaughtered and processed, and finding room on their operation is tricky.

Peterson is urging Vice President Mike Pence to direct the Task Force to:

Coordinate between all involved Federal, state, and local governments to provide urgent assistance to impacted farmers;

Develop standards for humane euthanasia and disposal of impacted animals as well as outreach on existing financial and technical assistance resources available to producers;

Provide flexibility to use all available state and Federal processing capacity to the maximum extent possible to minimize supply chain disruption;

Issue Federal guidance on best practices to prevent COVID-19 transmission in plants;

Provide access to adequate COVID-19 testing for plant workers and communities;

Provide sufficient personal protective equipment for all plant workers and federal meat inspectors;

Develop resources and conduct outreach to help farmers deal with added stress during this difficult time; and

Utilize any other means at the Task Forces disposal to support farmers, processing plant workers, and plant communities.

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Peterson Urges the Federal Government to Take Steps to Assist the Nation's Pork Producers - KFGO News

What Will Life Be Like After the Pandemic? – INSEAD Knowledge

Having exposed societys dysfunction, the COVID-19 crisis invites us to rethink our future.

Albert Camus novel The Plague starts with rats dying, followed by a tsunami of human deaths. The towns leaders are reluctant to acknowledge the epidemic at first but are soon forced to take the situation seriously. With martial law imposed, no one is allowed to enter or leave the city. Being unable to communicate with or see loved ones weighs heavily on everyone for some, more than the threat of death itself. Law and order quickly break down. As the plague continues to ravage the town, funerals turn into rush jobs, with no ceremony or emotion. The first serum, a kind of vaccine, turns out to be a failure. Eventually, a better version allows the quarantine to be lifted.

Doesnt this story sound familiar? A very similar scenario is playing itself out right now. Camus was trying to describe how human beings respond to and live with a completely absurd death sentence death being part of the cycle of life. Perhaps was he also trying to show how little it takes for a society to fall apart?

In 1947 (the publication date of Camus novel), we got a strong reminder of the unpredictability of life, as well as concern for how humanity was evolving. But attention wasnt paid. The 2011 movie Contagion, directed by Steven Soderberg, provided a more modern warning about the precariousness of the human condition. Many of its scenes hit very close to home. The movie tracks the arrival of a fictional virus that ends up killing millions of people worldwide. The outbreak sends officials from the Centers for Disease Control (CDC) and the World Health Organisation scrambling to figure out the origins of the virus, how it spreads and how to find a cure. And just like our current crisis, it takes much teetering before anyone realises the gravity of the situation. The film includes the economic struggles of ordinary people.

Will we learn from COVID-19?

The interesting question now is what the aftermath of the coronavirus pandemic is going to look like. When the crisis subsides, will we go back to normal? Will we even want to? Or does COVID-19 provide us with an important learning experience?

Hopefully, a cure to coronavirus will be found. But whatever happens, we should keep in mind that the threat of infectious disease is not going away. Pandemics are not the mere imaginary product of a few artistic types. Frankly speaking, we are at a dramatic inflection point.

Our response to this pandemic will have an enormous effect on the future of humankind. More than anything, the coronavirus has highlighted existing political, economic and social dysfunctionalities. It has also shown the crisis of leadership. It is an invitation to make radical changes to the economy, our social behaviour and the role of government in our lives.

I would like to suggest two scenarios for our future: a rather pessimistic one and a more optimistic one. We could see parts of these scenarios overlap.

A pessimistic scenario

In crisis situations, most people tend to regress to a state of greater dependency. It usually results in a cry for the kind of leadership that can soothe collective fears and anxieties. It may explain a paradoxical phenomenon: Even highly incompetent leaders may rise in popularity at such times. Indeed, is the leadership of the most powerful countries in the world up to the present challenge? Can they be trusted? Unfortunately, too many of our leaders have proven to be quite ineffective. And with populations in a state of psychological regression, they may get away with it.

When the going gets tough, societies tend to withdraw instead of reaching out. Our sense of helplessness increases the appeal of national identity politics, with a move back to the nation-state. We can expect identity politics to become even stronger. In fact, this scenario is already happening, if we consider the way various countries are trying to acquire badly needed items to conquer the pandemic.

Sadly, this pessimistic scenario plays neatly into an agenda of totalitarian control a fact that isnt lost on autocratic leaders. For them, the pandemic is a convenient excuse to channel peoples growing sense of helplessness into autocracy. Populations may become more willing to hand over control to governments. As a rule, when we are frightened, we are more willing to cut down on civil liberties. Even when leaders pretend to be democratic, under the right conditions, the inner autocrat may emerge. There is also the potential for a search for scapegoats. After all, nothing unites a population better than an outside threat. Thus, apart from regressive processes, paranoid reactions can also come to the fore.

The infrastructure, technology and legislative framework for types of martial law have long existed. We must consider how these exceptional measures could easily become permanent. I am referring to such things as the abdication of personal liberty (even extrajudicial, indefinite detentions), censorship of the press and the internet (supposedly to combat disinformation), the denial of freedom of assembly, the tracking of everyones movements at any time and restrictions on travel. It may even include giving the state greater control over our bodies (as reflected in compulsory vaccination and other medical treatments).

Furthermore, this pessimistic scenario may involve reducing peoples sense of community through various social changes: pre-eminence of e-commerce (no more shopping in brick-and-mortar shops), the fading out of office space, a focus on online learning and play, as well as the remote viewing of sports and entertainment. The idea of Gemeinschaft a society based on close social ties may become a relic of the past.

Many of these developments were already underway, but the arrival of COVID-19 has greatly accelerated their acceptance and could render them permanent. We need to ask ourselves: How much of our lives and civil liberties do we want to sacrifice at the altar of a sense of greater security? Do we want to live in a world where human beings can rarely congregate? If social distancing becomes the norm, can we put up with the likely increase in isolation-induced depression, paranoid reactions, drug abuse and suicides?

An optimistic scenario

Crises do not necessarily only bring the forces of regression and paranoia to the fore; they can also create greater solidarity. As we have seen many times over, when people unite, miracles can happen.

We are now on the cusp of many critical decisions. The pandemic should encourage us to reflect on the power of our collective will.

Despite the enormous number of jobs lost, could the pandemic be an opportunity to direct our energies to other kinds of activities? What parts of the economy would we like to restore, and what parts could we do without? Given the increasing concern about our planet and the disastrous effects of global warming, do we really need all this commuting, all this air travel?

From an evolutionary point of view, health comes from community. Human life doesnt thrive in isolation. Being part of a community is important for our mental health. As it is, we are already living in much more distant ways than has ever been the case. Should we continue on this path? The pandemic could give us an opportunity to restore lost connections and create more interrelated, cooperative societies. The coordinated efforts of scientists all over the globe to find a cure for the coronavirus suggest such cooperation is possible.

The present pandemic could spur us to tackle issues that we have always been quite aware of but have preferred to ignore. It could be our chance to do something about the rise of dysfunctional leaders; to decrease socio-economic inequities; to really fight addictions; and to take measures to avert ecological collapse. First, we need to accept the reality of living in an interconnected world. We must develop a more glocal outlook, one in which we think globally and act locally.

Above all, the coronavirus crisis opens the door for us to create more compassionate societies the kinds of societies that acknowledge how we are all connected and that our planet should be managed for the generations to come. Chief Seattle once said, Humankind has not woven the web of life.We are but one thread within it.Whatever we do to the web, we do to ourselves.All things are bound together.All things connect.

Manfred F. R. Kets de Vriesis the Distinguished Clinical Professor of Leadership Development & Organisational Change at INSEAD and the Raoul de Vitry d'Avaucourt Chaired Professor of Leadership Development, Emeritus. He isthe Programme Director ofThe Challenge of Leadership, one of INSEADs top Executive Education programmes.

Professor Kets de Vries'smost recent books are:Down the Rabbit Hole of Leadership: Leadership Pathology of Everyday Life;You Will Meet a Tall, Dark Stranger: Executive Coaching Challenges;Telling Fairy Tales in the Boardroom: How to Make Sure Your Organisation Lives Happily Ever After; andRiding the Leadership Rollercoaster: An Observers Guide.

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What Will Life Be Like After the Pandemic? - INSEAD Knowledge

How the West lost – The Sunday Guardian

The price of this mega-crisis is bound to be paid in massive long-term unemployment and poverty all over the world.

Numerologists like to spot symbolic meanings in the dates of momentous events. The September 11 attacks took place on 911: the emergency police phone number in the United States, the Pentagon (seen by some occultists as a projection of the Luciferian pentacle) was struck on the same day, which was the 60th anniversary of its inauguration and the Covid-19 pandemic unfolded outside China in 2020, which amounts to 40: the number that gave its name to quarantine. Many such historical coincidences may be found and attributed to the mysterious forces that move the world, whether we call them the gods, chance, fate and some other human or superhuman agency.Since the year 1981 at least, when Dean Koontz published his novel, The Eyes of Darkness about a pandemic originating in Wuhan, China, many predictions about a devastating virus from Asia have come out in films (e.g. 2011s Contagion), articles and books. US Colonel Tom Bearden on his website Cheniere.org had spelt out emergency plans for martial law, mass confinement, triage and other extreme responses to a biological agent or weapon. Bill Gates, a few years ago, warned about a danger which he held to be equal to the nuclear threat and recommended preventive measures. Yet, public preparedness was clearly insufficient and most states were caught napping and found wanting.

The current, unprecedented and nearly global lockdown, a bitter illustration of globalizations generally unexpected effects is generating an endless stream of analyses, theories, assessments and speculation shaped by the belief systems of their authors. Those who embraced the eco-apocalyptic call of Greta Thunberg and were distraught by the predictable failure of the Paris accord on global warming mitigation rejoice in the unexpected fulfilment of their wishes to bring CO2 emission and other polluting activities to a brutal decline; those who were worried about Chinas meteoric rise towards a hegemonic status felt schadenfreude when the red dragon was seen falling into the deadly embrace of the new corona epidemic. They now, however, watch with dismay the increasingly lamentable plight of the western world and bristle at the prospect of a newly functional China resuming her rapid climb to the top of the power pyramid. The western pundits, who made a living by warning the public against Putinist Russias evil intentions, now watch with consternation the support provided by Moscow to certain EU and other countries seemingly left to their fate by everyone else.

Naturally, the current all-encompassing crisis has not disarmed the propaganda snipers in various camps and they continue to take pot-shots at their enemies of choice amidst the pandemonium. After accusing Beijing of revealing the weakness of its institutions through its vulnerability to yet another Asian virus, western cold warriors now suspect China of carrying out a dark plot to undermine and bring down western supremacy by using Covid-19 as a black swan to overwhelm the governance systems of the self-styled free world, just as they charge Russia with countless subversive machinations against the self-same good guys. What is sauce for the goose is sauce for the gander and neither Chinese nor the Russian sources have shied away from pointing accusatory fingers at the United States which are also well known for their expertise in biological weapon development and testing. Indeed at the outset of the corona contagion suspicions against the American government came to many minds on the backdrop of the multifaceted and very public campaign to force China to bend to US pressure on trade and geostrategic matters the appearance of the virus in Wuhan was too serendipitous, so to speak, not to be suspect, except for those who would give the US a pass in principle but the claim that a democracy would never resort to black ops of this kind has so often been disproven by facts in the case of the American state that it cannot be taken at face value.The yawning gap in American society sets apart the Left Wing Liberals calling for a de facto nationalization of the economy in the guise of providing universal free healthcare and saving all jobs and the Conservatives bent on preserving the capitalist oligopolies and individual economic freedom. This split, amplified by the presidential campaign in which Covid is now the major weapon used on both sides is what makes it so hard for the US to adopt a coherent and effective policy to tackle both the Covid threat and the ongoing economic meltdown, which is likely to leave at least 40 million Americans jobless, a much truncated GDP and a skyrocketing national debt.

We are in a situation unprecedented in the last hundred years at least, perhaps in all history. Governments all over the world have imposed a shutdown of social, political and economic life and a drastic curtailment of individual rights and civil liberties in the name of protecting people from a contagion which has so far killed over two hundred thousand (most of them older than 70 and suffered from other major ailments), out of a global population of eight billion people, in which every months larger tolls are exacted by various other evils, including hunger, heat attacks, cancer, diabetes, accidents and the common flu.

There are various factors behind this draconian operation which could well last for several months or even extend into next year: first the famous principle of abundant caution institutionalized in the European Union perhaps over-reliant on computer modelling projections of worst case scenarios and often inaccurate virological tests; then the increasing American obsession with national security and the associated propensity to impose lockdowns in reaction to any alert or suspicion, and finally the growing official fear of civil unrest, which inspires more and more sophisticated tactics to force people to stay home and not assemble.

Without discounting the gravity of the Covid-19 pandemic, if we review the state of the world economy in recent years (see my article in the Sunday Guardian of March 1, 2020) we cannot but conclude that a gigantic economic crisis was on the horizon, building up since the first shoe fell in 2008. A few years ago, some Russian economists had predicted the end of the US dollar-centric monetary and financial system between 2020 and 2025. I had echoed that projection in another article published in this newspaper on May 14, 2017 and we appear now to have been on the money. The process of reorganization is expected to take at least three or four chaotic years and it is to be hoped that a new global system will come into place through some international agreement, a new Bretton Woods, absent another major war such as those that usually erupt in times of great dislocation.

The Covid-19 pandemic is a trigger and accelerator of the socio-economic and political crisis, not its main cause. The crash of stock markets and the industrial and financial meltdown were predictable for this year and announced by the seizure of most major economies since 2018 in spite of the incessant quantitative easing carried out by the governments and international financial institutions such as the European Central Bank. In the last months, the situation on Wall Street became ominous as the Fed had to keep injecting huge amounts of fiat currency overnight into the RePo market to prevent major banks from going bust. In a situation of economic panic, a health emergency is also a tool of last resort to discipline the population and raise a public menace above the less existential threat of financial collapse. It is at least probable that leading governments and international agencies organised, with the support of corporate mass media, the systematic freeze of social activity in order to minimize civic disruptions and challenges to authorities.

Conspiratorial theories, more or less credible or fanciful, are being promoted to identify the prime movers and operational levers of this operation, but they only try to interpret in various partisan ways the fundamental process for controlling the crash of irrationally overvalued stock markets fed by fast rising Himalayan pyramids of bad debt and irrigated by shoreless oceans of derivative instruments whose value is often impossible to establish and can be reduced by a hiccup of the inter-banking transactional cycle to mere junk.

The effect of the economy caving in was seen in the gradual collapse of consumption in most parts of the world and in the decision of Great Britain to exit the European Union, seen by many in London as a doomed quasi-confederacy although which of the two, the United Kingdom and the EU will fare worse is far from clear.

The price of this mega-crisis is bound to be paid in massive long-term unemployment and poverty all over the world, concentration of capital and wealth in even fewer hands, state or oligopolistic control of many strategic corporations resulting in a hybrid composite of monopolistic capitalism and socialism. Below that general tableau there will be many different regional and national pictures as states will try diverse ways to deal with the disaster domestically, often insulating themselves from the financial Corona virus and circling the wagons in a patriotic reaction to the unhinged supra-national experiment. Regional associations such as the EU, UNASUR and the African Union are under extreme fissiparous strain and will have to change in many ways if they manage to survive.

In a sentence, 2020 has brought us to the point where we can have a 20/20 vision and hindsight of all that is wrong with the global liberal gospel and its corollaries including all-out privatization and decimation of public services, unlimited amounts of virtual money chasing inflated virtual values, wars for regime change in weaker, resource-rich states and mass migrations that contribute to the slow motion collapse of hitherto prosperous and orderly nations.

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How the West lost - The Sunday Guardian