The Future of FinTech and the Cloud – DevOps.com

The integration of FinTech continues to revolutionize the way businesses interact with their consumers. What started as a viable solution to eliminating the need to carry physical currency has now become a multi-billion-dollar industry.

Basically, FinTech is a catch-all term used to describe software, mobile applications and other integrated technologies that improve and automate traditional forms of finance for businesses and their consumers. The financial infrastructure-as-a-service (IaaS) focuses on enabling FinTech companies to quickly facilitate highly secure transactions among an internal network while improving user experience. The complex (yet efficient) solution helps streamline fiscal transactions while simultaneously eliminating unnecessary steps throughout the transaction process. Ultimately, making financial transactions more affordable and accessible.

The integration of FinTech continues to bolster unprecedented growth within the business sector. The industrys rapid growth can be attributed to a shift in consumers lifestyles towards more accessible and affordable solutions. As a result, FinTech has been able to solidify a prominent role within business operations, however, needs to remain vigilant in adapting infrastructures to satisfy ever-changing consumer and industry demands.

With this goal in mind, FinTech companies have begun to innovate new solutions which include embracing the cloud within its infrastructures. With new integration, companies will have to determine whether using fintech-cloud computing entities will ultimately be an asset in achieving longevity and lucrative business growth or not.

FinTech companies are rapidly turning to the cloud to provide businesses and consumers with effective solutions. According to a research study, 87% of enterprises plan to accelerate their cloud migration by 2025. So, why is cloud computing becoming imperative for FinTech companies to integrate?

1. Agility: For businesses to compete, they must stay ahead of the competitive curve by reacting quickly to market changes. Cloud services satisfy this need by enabling companies to accelerate its scaling process. Businesses can scale their capacity up or down quickly to meet customer demand in real-time. As a result, providing a more cost-efficient solution.

2. Competitive Advantage: Within the financial industrys competitive landscape, it can be quite difficult for smaller companies to gain significant market share. Likewise, larger corporations struggle to retain customers as internal legacy IT practices hinder reaction rate times to changing customer demands. The cloud provides both entities with a better way to compete by offering a quicker alternative to meeting customers demands.

3. Enhanced Customer Experience: Millennials and Gen Z have transformed the banking industry by starting to view finances through the lens of technology. Cloud computing offers FinTech companies the opportunity to promote enhanced customer experience with consumer-centric web applications and improved efficiency metrics. Ultimately, providing the next generation of consumers with an accessible, agile and much more manageable solution that adheres to their technology-savvy lifestyle.

4. Cost-Effective: Businesses can incur significant infrastructure costs while developing and deploying FinTech products for a large customer base. Cloud adoption can help cut down costs by limiting usage, promoting elasticity of its products and adhering to an all-inclusive price.

5. Amplified Security Measures: With the ecosystem of hackers and cybercriminals continuing to evolve, companies must remain proactive in mitigating the potential risk of data breaches and cyberattacks. FinTech applications with weak security measures can compromise customer data and other private information. Consequently, leaving the door open to exploitation by malicious operators. Hybrid cloud architecture provides a more secure framework by allowing companies to build their own solutions in the cloud infrastructure they own, rather than in a shared environment within a shared network. As a result, they can be proactive and help eliminate potential data security risks.

Cloud computing integration continues to provide FinTech companies the opportunity to accelerate business growth. While there are a number of FinTech companies that have managed to achieve great success while using these infrastructures, other companies have failed.

Any company that invests in FinTech (or any other public cloud service) is susceptible to potential disadvantages. Its important that companies begin to identify these potential challenges and actively try to avoid them.

Here are potential limitations to consider:

1. Refusing to Use Existing Tools: Change is difficult to manage. Nevertheless, its important that companies continue to embrace new technology as they emerge. If FinTech companies refuse to build platforms using current technology, they run the risk of an influx of user discrepancies. On the contrary, if they decide to scale up, they run the risk of hindering the agility of the entire company. By using existing and open source technology, companies can proactively fix their problems and promote continuity in their infrastructures by eliminating outdated data, obscure patches and massive inefficiencies.

2. Ignoring Scope and Capacity: Using FinTech engineering requires an abundance of capacity planning to ensure an effective solution is created. Without planning, companies run the risk of creating infrastructures that cannot accommodate the volume of metrics used. This can result in killing dashboard performance and making troubleshooting issues impossible. Its important to plan at every stage regardless of what providers are used.

3. The Desire to Implement More than Required: Amid a fast-paced and competitive industry, FinTech engineers are constantly implementing new innovations to solidify their competitive advantage. Its important companies continue to innovate and improve their products; however, operations should not stray too far from their original scope of work. Businesses should work to eliminate unnecessary additions within their projects that could result in wasting a considerable amount of time and resources. Keep simple tasks simple.

4. Plan and Evaluate: Businesses need flexibility, independence and a cost structure to thrive. To achieve these marks, its necessary for companies to take the time to plan and evaluate each offering to determine which solution accommodates their business needs. Although switching providers might seem doable, doing so can result in a more complicated and expensive solution. Setting long-term objectives before deciding on a provider could make that eventual move simpler for your team.

The integration of FinTech and cloud computing services continues to impact the technology, finance and business sectors. The question of whether a FinTech-cloud computing structure is a more viable solution in businesses remains. By planning and evaluating each financial solution, businesses can determine which FinTech service is the most feasible for optimizing business objectives.

FinTech companies will always continue to provide safe and seamless solutions for their customers, however, its the companies who can capitalize on efficiency that will rise to the top. As FinTech and cloud integration continues to revolutionize customer-brand solutions, we will become closer to unveiling the future of FinTech and the lasting impacts it has on society.

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The Future of FinTech and the Cloud - DevOps.com

Vision to Value: How the Energy Industry Can Maximize Cloud Investment – Spiceworks News and Insights

The energy industry is in transition, experiencing fundamental changefrom decarbonization to decentralizationat pace. These changes are putting pressure on traditional ways of doing business, requiring companies to transform their operating models, processes and even culture. But why is there so much struggle across the industry when it comes to making this move? Craig Davis, head of cloud success services at SAP North America, explores how energy leaders can turn vision into value through cloud transformation, realizing the exceptional benefits this technology can bring to the sector.

The energy industry has witnessed unprecedented disruption over the last decade due to falling costs of renewables and energy storage, the worlds accelerating pivot to non-fossil fuels and tougher environmental policies and regulatory reform. Against this backdrop, the industry is at an inflection point where business leaders are looking to cloud technology to redefine resilience, boost competitiveness and prepare for a sustainable energy future.

And for good reason. According to recent data from Gartner, 95 percent of new digital workloads will be deployed on cloud-native platforms (up from 30 percent in 2021) and global cloud revenue is expected to surpass $474 billion in 2022 (up from $408 billion in 2021). As one Gartner VP, Milind Govekar, put it, There is no business strategy without a cloud strategy.

But if the consensus across the energy industry is that cloud technology is essential, why is there so much struggle and even outright failure when it comes to making a move? Why are most forays limited to migrating functional processes instead of truly scaled adoption? I would argue it is because far too many are focused on a solution, one without a vision for what is truly possible. One focused on cost but not value.

Like it or not, disruption is the norm for energy business leaders. Whether it is industry-specific disruptors like aging infrastructure and adoption of renewable and distributed energy sources or

life-altering disruptors like COVID-19, industry players should operate under the assumption that the tried-and-true practices of today may be irrelevant when they wake up tomorrow.

But siloed operating models create a process complexity that hinders the ability of energy leaders to react quickly and flex to these disruptions and shifting priorities. That is why the sector needs a new kind of vision, one dedicated to agility and adaptability for anything that comes along.

We cant predict the future, but the flexibility and visibility inherent in the cloud can enable us to view and analyze challenges and opportunities through the lens of insightful next-generation tools and technologies. Whether it is AI, machine learning or advanced data and analytics, todays energy leaders can embrace the cloud to help streamline existing processes, enhance product offerings and serve customers better.

For example, real-time data and analytics can help energy leaders harmonize field service processes and quickly react to external events, such as weather disasters. Imagine how much easier it would be to control customer experience during outages with cloud-connected IoT technology monitoring key infrastructure. Not only could companies respond to the outage faster, but they could trigger notifications to inform the customer that they are working to repair it before they are even aware.

Disruptive ideas dont have to be complicated ones. It is not always about out-thinking competitors. Sometimes, it is just about finding the simplest, fastest way to deliver a solution to the customer. The cloud offers the vision necessary to do just that.

See More: Reducing Your Cloud Computing Climate Impact

Especially in the current climate of significant disruptions and change, agile and innovative solutions in the cloud that help companies strengthen their core business processes and innovate for the future are key. However, energy leaders cant just have vision alone. They must be able to draw a direct line from vision to value.

This is partially because what the energy sector is currently experiencing is something even greater than disruption it is a whole-scale change to the way they typically function and operate.

Lets look at the example of Chevron, a company aiming to build reliable, affordable and ever-cleaner energy across its operations in order to keep pace with the massive changes affecting the oil and gas industry. They wanted a standard cloud product that would increase its overall speed and agility, decrease its total cost of ownership for its business solutions, and drive greater digital innovation overall. Thats why it embraces a digital foundation that enhances production efficiency and drives faster, more informed decisions.

By leveraging cloud technology, energy companies can better navigate complex implementation scenarios and achieve new efficiencies across the organization, completely rethinking their digital transformation and allowing them to develop resilience in an inherently volatile and cyclical industry. This technology unites the company under a single source of truth and leaves it poised for future growth.

With industry priorities shifting, the cloud value proposition for energy companies has never been greater. Truly embracing the potential has become a business imperative. Cloud providers are eager to help by building and investing in custom solutions for the energy industry and laying the groundwork for mass adoption. But turning vision into value is not solely the responsibility of this technology.

While the cloud can help drive energy sector innovation and help boost top-line, bottom-line and green-line growth it is only part of the journey towards continuous improvement. Businesses must take action with their cloud technology, using its data to garner maximum business value across their company-wide processes, whether via analytics, application development or database management.

They must find ways to work with the CFO and other leaders to upgrade technology strategically, whether it is about showing immediate value in the short term or planning for deeper value in the long term. Simply put, embracing a grander vision from the outset will ensure stronger value in the end.

Energy leaders should ask: Where should our cloud investment begin? What is mission-critical for success? Would it be effective to go all-in, all at once? Whats the plan for actually implementing it? Are you being intentional about the planned adoption and consumption of cloud software?

These are just some of the questions as the energy industry pursues cloud transformation. Because while you may know you need to invest in the cloud, you still need to understand why. Thats what leads to success.

Tell us about your cloud transformation journey on Facebook, Twitter, and LinkedIn. Wed love to hear all about it!

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Vision to Value: How the Energy Industry Can Maximize Cloud Investment - Spiceworks News and Insights

Cloud Computing in Higher Education Market Share, Size, Demand, Growth Opportunities, Industry Revenue, Future and Business Analysis by Forecast…

According to the Astute Analytica study on the global Cloud Computing in Higher Education Market, the size of the market will increase from US$ 2,693.5 Million in 2021 to US$ 15,180.1 Million by 2030, registering a remarkable compound annual growth rate (CAGR) of 22% from 2022 to 2030.

The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the global Cloud Computing in Higher Education Market. The segmentation served as the foundation for finding businesses and examining their financial standings, product portfolios, and future growth potential. The second step entailed evaluating the core competencies and market shares of top firms in order to predict the degree of competition. A bottom-up method was used to assess the markets overall size.

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On the basis of institute type, the technical schools are estimated to hold the highest market share in 2021 and is also expected to project the highest CAGR over the forecast period owing to increasing demand for cloud computing in technical schools. Moreover, based on ownership, private institutes segment is anticipated to hold the largest market share owing to increasing funding in private institutes for adoption of cloud computing services. Whereas, the public institutes segment is expected to grow at the highest CAGR over forecast period. Furthermore, in terms of application, administration application holds a major share in the cloud computing in higher education in 2021. Whereas, unified communication is expected to project the highest CAGR over the forecast period due to increasing trend of e-learning. In addition to this, by deployment, the hybrid cloud segment held the largest market share in 2021.

Market Dynamics and Trends

Drivers

The increasing adoption of SaaS based cloud platforms in higher education, increasing adoption of e-learning, increasing IT spending on cloud infrastructure in education and increasing application of quantum computing in education sector will boost the global cloud computing in higher education market during the forecast period. Software-as-a-Service (SaaS) is a type of delivery model of cloud computing. In the higher education sector, SaaS applications include hosting various management systems for educational institutes and managing other activities. Moreover, higher education industry witnesses an increased adoption of e-learning due to its easy accessibility and high effectiveness. Users such as drop-outs, transfer learners, full-time employees are increasingly relying on e-learning trainings and education to upgrade their skills. Furthermore, higher education institutes are rapidly moving towards cloud-based services to save an intensive IT infrastructure cost and boost efficiency of operations.

Restraints

Cybersecurity and data protection risks, lack of compliance to the SLA and legal and jurisdiction issues is a restraining factor which inhibits the growth of the market during the forecast period. Issues related to data privacy pose threats in interest to mitigation of higher education institutions to the cloud. There are federal regulations for higher education institutes along with state and local laws to manage information security in the education environment. Moreover, the level of complexity in the cloud is high, which usually complies with several service providers and thus makes it hard for users to make changes or intervene. Also, the cloud computing industry faces various legal and jurisdiction issues that can run into years due to regional laws.

Cloud Computing in Higher Education Market Country Wise Insights

North America Cloud Computing in Higher Education Market-

US holds the major share in terms of revenue in the North America cloud computing in higher education market in 2021 and is also projected to grow with the highest CAGR during the forecast period. Moreover, in terms of institute type, technical schools hold the largest market share in 2021.

Europe Cloud Computing in Higher Education Market-

Western Europe is expected to project the highest CAGR in the Europe cloud computing in higher education market during forecast period. Wherein, Germany held the major share in the Europe market in 2021 because there is high focus on innovations obtained from research & development and technology adoption in the region.

Asia Pacific Cloud Computing in Higher Education Market-

India is the highest share holder region in the Asia Pacific cloud computing in higher education market in 2021 and is expected to project the highest CAGR during the forecast period owing to potential growth opportunities, as end users such as schools and universities are turning toward cloud services in order to offer high quality services that help users to collaborate, share and track multiple versions of a document.

South America Cloud Computing in Higher Education Market-

Brazil is projected to grow with the highest CAGR in the South America cloud computing in higher education market over the forecast period. Furthermore, based on ownership, private institutes segment holds the major share in 2021 in the South America cloud computing in higher education market owing to increasing funding in private institutes for adoption of cloud computing services.

Middle East Cloud Computing in Higher Education Market-

Egypt is the highest share holder region in 2021 and UAE is projected to grow with the highest CAGR during the forecast period. Moreover, in terms of application, administration holds a major share in the cloud computing in higher education in 2021. Whereas, unified communication is expected to project the highest CAGR over the forecast period due to increasing trend of e-learning.

Africa Cloud Computing in Higher Education Market-

South Africa is the highest share holder region in the Africa cloud computing in higher education market in 2021. Furthermore, by deployment, the private cloud segment is expected to witness the highest CAGR during forecast period due to the security benefits provided by the private deployment of the cloud.

Competitive Insights

Global Cloud Computing in Higher Education Market is highly competitive in order to increase their presence in the marketplace. Some of the key players operating in the global cloud computing in higher education market include Dell EMC, Oracle Corporation, Adobe, Inc., Cisco Systems, Inc., NEC Corporation, Microsoft Corporation, IBM Corporation, Salesforce.com, Netapp, Ellucian Company L.P., Vmware, Inc and Alibaba Group among others.

Segmentation Overview

Global Cloud Computing in Higher Education Market is segmented based on institute type, ownership, application, deployment and region. The industry trends in the global cloud computing in higher education market are sub-divided into different categories in order to get a holistic view of the global marketplace.

Following are the different segments of the Global Cloud Computing in Higher Education Market:

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By Institute Type segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

By Ownership segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

By Application segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

By Deployment segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

By Region segment of the Global Cloud Computing in Higher Education Market is sub-segmented into:

North America

Europe

Western Europe

Eastern Europe

Asia Pacific

South America

Middle East

Africa

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About Astute Analytica

Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us.

Contact us:Aamir BegBSI Business Park, H-15,Sector-63, Noida- 201301- IndiaPhone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)Email: sales@astuteanalytica.comWebsite: http://www.astuteanalytica.com

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How using AI & ML will help businesses stay ahead of the curve – ETCIO

By Bikram Singh BediAI is turning into a multi-faceted, pervasive technology for businesses and users across the world. Technology providers are building platforms that are helping users harness the power of AI by meeting them wherever they are.

Data management and aggregation are the essential components of every cloud infrastructure. Organizations may create sophisticated analytics and artificial intelligence (AI) solutions to address distinct challenges provided they have the relevant data at hand. Business intelligence is usually the first step in the process since it helps organizations understand underlying data better before using sophisticated analytics tools.

Organizations investing in technology that helps AI and ML achieve the greatest benefit for their operations as they realize the significance of these technologies. AI and ML are greatly affecting how we conceptualize data, necessitating the development of best practices for these technologies. By 2025, Gartner expects generative AI to account for 10% of all data produced, up from less than 1% today.

It's critical to offer cutting-edge services for users of all types and up-to-date tools for sophisticated AI practitioners. To fit the demands of the job and the user's technical proficiency, some of this requires automating or abstracting portions of the ML workflow. Whatever the perspective, AI is becoming a multifaceted, omnipresent technology for organizations and consumers everywhere, thus we believe technology providers should reflect this by creating platforms that enable users to harness the potential of AI by connecting with them wherever they are.

AI readinessSeveral steps may be taken by businesses who are currently evaluating or piloting the implementation of AI & ML to achieve scale quickly. The first phase is to identify and prioritize projects based on complexity, business effect, and hazards using the minimal viable product strategy.

Most significantly, businesses must include their business executives by integrating them into AI initiatives after giving them the appropriate AI & ML training, if required. AI initiatives have to be aligned with the company's bigger strategic objective rather than implementing them in isolation.

Building Cloud Native Platforms (CNP)Cloud native platforms are technologies that enable businesses to create new architectural applications that take use of the cloud's advantages. Cloud-native platforms provide solutions that help build a more effective and solid IT foundation through safe data integration and processing, since cloud-native technology is all about power and speed.

Enterprises must adopt CNPs to deploy operational skills everywhere. CNPs employ the fundamental features of cloud computing to offer scalable and elastic IT-related capabilities "as a service" to internet-based technology developers, resulting in a shorter time to value and lower costs.

Gartner forecasts that by 2025, more than 95% of new digital efforts will be built on cloud-native platforms, up from less than 40% in 2021.

Conclusion

AI is no longer only an uncharted territory. This combination of technology and human-in-the-loop expertise offers a true end-to-end AI data solution as firms want to deploy their models. The rate of technology advancements that can automate and simplify developing and maintaining AI systems has increased along with the need for AI. Thus, by combining the required expertise, judgment, and technology, the highest quality data could be achieved.

The author is Managing Director, Google Cloud India

Disclaimer: The views expressed are solely of the author and ETCIO.com does not necessarily subscribe to it. ETCIO.com shall not be responsible for any damage caused to any person/organization directly or indirectly.

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Got $5,000? These Are 2 of the Best Growth Stocks to Buy Right Now – The Motley Fool

A long-standing debate exists among the investing community: growth versus value. This year, value has gotten the upper hand. So far in 2022, the iShares S&P 500 Value ETF is down 8.5%, while the iShares S&P 500 Growth ETF is down 22.8%.

But, over the last 10 years, growth has outperformed value. A $10,000 investment in the aforementioned growth ETF 10 years ago would now be worth $33,210; the same investment in the value ETF would only be worth $21,680.

Cycles come and go. And when the current trend toward value stocks gives way to one that favors growth stocks, long-term investors who have built significant positions in the best growth stocks will be handsomely rewarded. So what growth stocks should you own right now? Let's have a look at two names poised to lead the way higher.

Image source: Getty Images.

Cutting-edge technology often sparks sizzling growth, and that's certainly true today. Advancements in artificial intelligence (AI), machine learning, and cloud computing drive innovation in sectors ranging from automobiles to healthcare. Yet, at the most basic level, these creations rely on a 70-year-old technology: the semiconductor.

Without semiconductors, there is no AI or cloud computing. Constant production and innovation are required to deliver the next generation of chips that make self-driving cars possible or gene editing a reality. And when it comes to semiconductor innovation and production, Advanced Micro Devices(AMD -1.02%) is one of the world's best. It operates across four segments: 1. Data Center, 2. Client, 3. Gaming, and 4. Embedded.

AMD's legacy business includes its Client and Gaming segments, which make chips for gaming consoles and PCs. And while those segments made up $3.9 billion, or 59%, of AMD's second-quarter revenue, they grow much slower than the remaining two segments, Data Center and Embedded.

AMD's Data Center segment generated $1.5 billion in revenue in the second quarter, up 83% year over year. Sales were driven by strong demand for its EPYC chips, which fuel many of the world's cloud servers.

Similarly, the company's Embedded segment grew like a weed, generating $1.3 billion in revenue in the second quarter. After completing its acquisition of Xilinx, AMD incorporated much of that company's operations into its Embedded segment, which largely produces custom-designed chips for the aerospace and defense industries.

The blistering growth rates in AMD's Data Center and Embedded segments help explain the company's staggering 70% year-over-year revenue growth rate in its most recent quarter. And while that sort of growth is truly impressive, the company's five-year average growth rate is even more so, at 38.7%. What's more, analysts expect the company to continue churning out fantastic growth rates. Wall Street forecasts full-year 2022 revenue of $26.2 billion (59.5% growth) and 2023 revenue of $29.6 billion (12.9%).

Whereas AMD produces the hardware (i.e., semiconductors), Snowflake(SNOW -0.75%) is a software company specializing in the red-hot cloud data analytics sector.

Simply put, the cloud computing revolution is well underway, changing how individuals and organizations work. Cloud computing is the process of running applications, storing data, and consolidating security on a centralized cloud server, rather than operating individual workstations. This process results in enormous efficiencies across organizations and reduces costs.

However, cloud computing creates new challenges, too. And Snowflake's signature product, Data Cloud, aims to address one of the biggest. Data Cloud allows customers to collect, classify, and decipher data across multiple cloud platforms. In a world where many organizations rely on multiple cloud vendors, Data Cloud helps customers "see" all their data -- a process that isn't always as straightforward as it might seem.

Snowflake's surging customer base shows just how essential this data aggregation software has become. The company's customer base jumped to over 6,800 as of its most recent quarter (which ended on July 31). That's up from around 5,000 one year ago, an increase of 36% year over year.

What's more, Snowflake doesn't simply garner attention from potential customers; it's caught the eye of arguably the world's most famous investor, Warren Buffett. Berkshire Hathawayowns over 6 million shares of Snowflake, now valued near $1.2 billion.

The analyst community agrees. Wall Street expects Snowflake to record 70% revenue growth for the current fiscal year (which ends Jan. 31, 2023) and 51% the following year.

Investors looking to add a hypergrowth stock need look no further. Snowflake is a name to own now -- and for years to come.

Jake Lerch has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Berkshire Hathaway (B shares), and Snowflake Inc. The Motley Fool recommends the following options: long January 2023 $200 calls on Berkshire Hathaway (B shares), short January 2023 $200 puts on Berkshire Hathaway (B shares), and short January 2023 $265 calls on Berkshire Hathaway (B shares). The Motley Fool has a disclosure policy.

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Got $5,000? These Are 2 of the Best Growth Stocks to Buy Right Now - The Motley Fool

6 Little Ways to Take Care of Yourself When You Feel Down

We all have our good days and bad days, right? There are days when you are super motivated at work, refreshed, and energetic.  You tend to inspire people by giving away all the good vibes and even a simple black tea tastes fantastic on those days.

Then there are murky days where even getting out of bed and taking a bath feels like running a thousand ships together. But, it’s completely okay to go through that feeling once in a while. It is a sign for you to take care of yourself in whatever ways possible.

navigate your emotions to discover a positive outlook

Self-care is important, but most of us have a busy schedule and a lot of things to take care of on a daily basis. Often, we do not have the time or energy to properly pamper ourselves. So, if you're feeling down, or overwhelmed by life, here are some tips to help you slow down and navigate your emotions to discover a positive outlook on things:

Pamper Yourself

Manifest the art of self-love in your life. Not everyone is perfect all the time, so be kind to yourself and love yourself for who you are.

Try to be gentle with yourself when you're feeling down and keep in mind that it's normal to feel sad sometimes. Your life will be beautiful and your self-esteem will rise if you can practice being kind to yourself every day.

Channel Your Emotions

When you're anxious or stressed, it might be difficult for you to handle your emotions. In times like these, channeling all that negative energy into something you enjoy doing is an excellent way to deal with all the negative energy around you.

Break the monotony by creating art, reading books, listening to music, or simply spacing out on your own couch with your favorite meal!

Get Enough Sleep

A minimum of 8 hours of sleep per day is recommended. Because,  if you're not getting enough sleep, it can cause a lot of stress and anxiety in your life. Get into a routine where you wake up and go to bed at the same time every day so that everything else falls into place.

Follow a Proper Diet

Eat well! Food is what fuels your body, so make sure your food intake is healthy for your body, and don't forget about nuts, fruits and vegetables!

Follow a proper eating schedule and plan your meals that are enriched with nutritious foods. Limit the intake of junk foods, avoid smoking,  and abstain from consuming alcohol.

Drink Your Favorite Cup of Tea

A cup of hot tea can be the perfect companion on days like this. Tea can help you feel good about yourself and your body. It can also help you relax and unwind after a stressful day at work or school.

It gives you a chance to be mindful of what you’re thinking and feeling so that you can better understand yourself and make the necessary changes in your life by dealing with your thoughts and emotions. So, get your favorite blend of tea and sip away your worries in no big time.

Pen Your Thoughts

Try to journal your thoughts on a daily basis. Penning down your thoughts will give you more clarity and it will definitely help you unfold your thoughts and actions. Keeping a journal might also help you relax since it allows you to vent your feelings. You can even write down your worries or your blessings to gain a deeper understanding of yourself.

Final Words

Life isn't always going to go according to plan; sometimes things will occasionally go wrong, but it is completely okay to get through this rough patch with your coping mechanisms. Do something nice for yourself every single day even if it's just taking a hot bath or going for a walk outside with your pet cat before work tomorrow morning! You’ll be fine, I tell you!

Now that you know the drill, you probably know how to treat yourself when you are feeling low. However, if you find it really hard to handle your emotions after a certain point, it’s always a good idea to seek professional help. Because, it is always best to ask for help when you are low.

Over 250 nanotechnology companies supported in a year – Tehran Times

TEHRAN A sum of 45 billion rials (around $160,000) has been paid to support 256 nanotechnology companies over the past Iranian calendar year (March 2021-March 2022).

Some 1,498 support services worth 45 billion rials (around $160,000) have been provided to 256 companies holding a nanoscale certificate.

These services were provided to companies active in the nanotechnology field in four general categories of "international market development", "business management", " production and development" and "domestic market development".

Nanotechnology improvement

One of the industries that have experienced good growth in Iran in recent years, provingthe countrys scientific development, is the nanotechnology industry, a subject area that has brought Iran to the worlds fourth place.

Currently, nanotech products are produced and marketed in more than 15 industrial fields based on domestic technologies and are being exported to 49 countries from five continents.

Over the past year (ended March 20), the total sale of Iranian nanoproducts has been equal to 115 trillion rials (nearly $425 million).

Services were provided for "international market development", "business management", " production and development" and "domestic market development".

The expansion of nanotechnology export programs in recent years and the establishment of bases for exporting nanoproducts to China, India, Indonesia, Syria, Turkey, and Iraq have provided the opportunity for the entry of Iranian nanotechnology goods, equipment, and services into global markets.

Some 42 percent of the products in this field are related to construction, more than 17 percent to the field of oil, gas, and petrochemicals, 13 percent to the field of automobiles, and over 10 percent to the field of optoelectronics.

Some 270 companies are active in the nanotechnology field and it is predicted that their revenue will reach up to 80 trillion rials (nearly $310 million), Vice President for Science and Technology, Sourena Sattari, announced.

Irans ranking in nanotechnology articles citation in 2019 has significantly improved compared to 2018, as it moved 26 levels higher, according to StatNanos statistics collected from the WoS database.

Based on a report Nanotechnology Publications report, Iran ranked 38 worldwide for the average number of times the nano-articles have been cited in the Journal Citation Reports in 2019, while in 2018, it was placed 64.

It also ranked 4th for the highest number of nano-article publications.

FB/MG

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Over 250 nanotechnology companies supported in a year - Tehran Times

The Surprising Ways Nanotechnology Is Changing The World Around Us – SlashGear

It's difficult to imagine ways in which we could make ordinary clothing high-tech. There's almost nothing as mundane as a t-shirt, or a pair of socks, but nanotechnology might be changing all of that. Treating existing fabric materials with nanoparticles can grant them a whole host of interesting characteristics.

A number of companies have begun work in this space, including Nanotex, Aspen Aerogel, BASF, and Nano-Horizons, according to a study published in the journal Nanomaterials. Precisely how each company constructs and applies their nanoparticle or nanofiber coatings to fabrics is difficult to ascertain, as they are often trade secrets, but the published research reveals some details about their function.

These coatings work by applying a layer of hydrophobic molecules to the fabric, making them capable of repelling liquids as simple as water, or as complex as coffee, wine, and mustard. Consequently, treated fabrics are seemingly impervious to getting wet or getting stained. The coatings themselves are nearly weightless, and don't otherwise fundamentally change the nature of the fabric. As a result, there's no noticeable change in the experience of the wearer.

In addition to preventing stains, research has shown resistance to bacteria through the production of reactive oxygen species. The upshot is that odor-causing bacteria doesn't accumulate in the material, and your clothes smell fresher, longer.

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The Surprising Ways Nanotechnology Is Changing The World Around Us - SlashGear

The Application of Nanotechnology and Nanomaterials in Cancer Diagnosis and Treatment: A Review – Cureus

Nanotechnology, nicknamed "the manufacturing technology of the twenty-first century," allows us to manufacture a vast range of sophisticated molecular devices by manipulating matter on an atomic and molecular scale. These nanomaterials possess the ideal properties of strength, ductility, reactivity, conductance, and capacity at the atomic, molecular, and supramolecular levels to create useable devices and systems in a length range of 1-100 nm. The materials' physical, chemical, and mechanical characteristics differ fundamentally and profoundly at the nanoscale from those of individual atoms, molecules, or bulk material, which enables the most efficient atom alignment in a very tiny space. Nanotechnology allows us to build various intricate nanostructured materials by manipulating matter at the atomic and molecular scale in terms of strength, ductility, reactivity, conductance, and capacity [1,2].

"Nanomedicine" is the science and technology used to diagnose, treat, and prevent diseases. It is also used for pain management and to safeguard and improve people's health through nanosized molecules, biotechnology, genetic engineering, complex mechanical systems, and nanorobots [3]. Nanoscale devices are a thousand times more microscopic than human cells, being comparable to biomolecules like enzymes and their respective receptors in size. Because of this property, nanosized devices can interact with receptors on the cell walls, as well as within the cells. By obtaining entry into different parts of the body, they can help pick up the disease, as well as allow delivery oftreatment to areas of the body that one can never imagine being accessible. Human physiology comprises multiple biological nano-machines. Biological processes that can lead to cancer also occur at the nanoscale. Nanotechnology offers scientists the opportunity to experiment on macromolecules in real time and at the earliest stage of disease, even when very few cells are affected. This helps in the early and accurate detection of cancer.

In a nutshell, the utility of the nanoscale materials for cancer is due to the qualities such as the ability to be functionalized and tailored to human biological systems (compatibility), the ability to offer therapy or act as a therapeutic agent, the ability to act as a diagnostic tool, the capability to penetrate various physiological barriers such as the blood-brain barrier, the capability to accumulate passively in the tumor, and the ability to aggressively target malignant cells.

Nanotechnology in cancer management has yielded various promising outcomes, including drug administration, gene therapy, monitoring and diagnostics, medication carriage, biomarker tracing, medicines, and histopathological imaging. Quantum dots (QDs) and gold nanoparticles are employed at the molecular level to diagnose cancer. Molecular diagnostic techniques based on these nanoparticles, such as biomarker discovery, can properly and quickly diagnose tumors. Nanotechnology therapeutics, such as nanoscale drug delivery, will ensure that malignant tissues are specifically targeted while reducing complications. Because of their biological nature, nanomaterials can cross cell walls with ease. Because of their active and passive targeting, nanomaterials have been used in cancer treatment for many years. This research looks at its applications in cancer diagnosis and therapy, emphasizing the technology's benefits and limitations [3-5]. The various uses of nanotechnology have been enumerated in the Table 1.

Early cancer detection is half the problem solved in the battle against cancer. X-ray, ultrasonography, CT, magnetic resonance imaging (MRI), and PET scan are the imaging techniques routinely used to diagnose cancer. Morphological changes in tissues or cells (histopathology or cytology) help in the final confirmation of cancer. These techniques detect cancer only after visible changes in tissues, by which time the cancer might have proliferated and caused metastasis. Another limitation of conventional imaging techniques is their failure to distinguish benign from malignant tumors. Also, cytology and histopathology cannot be employed as independent, sensitive tests to detect cancer at an early stage. With innovative molecular contrast media and materials, nanotechnology offers quicker and more accurate initial diagnosis, along with an ongoing assessment of cancer patient care [6].

Although nanoparticles are yet to be employed in actual cancer detection, they are currently being used in a range of medical screening tests. Gold nanoparticles are among the most commonly used in home test strips. A significant advantage of using nanoparticles for the detection of cancer is that they have a large surface area to volume ratio in comparison to their larger counterparts. This property ensures antibodies, aptamers, small molecules, fluorescent probes, polyethylene glycol (PEG), and other molecules cover the nanoparticle densely. This presents multiple binding ligands for cancer cells (multivalent effect of nanotools) and therefore increases the specificity and sensitivity of the bioassay [7,8]. Applications of nanotechnology in diagnosis are for the detection of extracellular biomarkers for cancer and for in vivo imaging. A good nanoprobe must have a long circulating time, specificity to the cancer tissue, and no toxicity to nearby tissue [9,10].

Detection of Biomarkers

Nanodevices have been studied to detect blood biomarkers and toxicity to healthy tissues nearby. These biomarkers include cancer-associated circulating tumor cells, associated proteins or cell surface proteins, carbohydrates or circulating tumor nucleic acids, and tumor-shed exosomes. Though it is well known that these biomarkers help to detect cancer at apreliminary stage, they also help to monitor the therapy and recurrence. They have limitations such as low concentrations in body fluids, variations in their levels and timings in different patients, and difficult prospective studies. These hurdles are overcome by nanotechnology, which offers high specificity and sensitivity. High sensitivity, specificity, and multiplexed measurements are all possible with nano-enabled sensors. To further illuminate a problem, next-generation gadgets combine capture with genetic analysis [11-15].

Imaging Using Nanotechnology

Nanotechnology uses nanoprobes that will accumulate selectively in tumor cells by passive or active targeting. The challenges faced are the interaction of nanoparticles with blood proteins, their clearance by the reticuloendothelial system, and targeting of tumors.Passive targeting suggests apreference for collecting the nanoparticles in the solid tumors due to extravasation from the blood vessels. This is made possible by the defective angiogenesis of the tumorwherein the new blood vessels do not have tight junctions in their endothelial cells and allow the leaking out of nanoparticles up to 150 nm in size, leading to a preferential accumulation of nanoparticles in the tumor tissue. This phenomenon is called enhanced permeability and retention (EPR).Active targeting involves the recognition of nanoparticles by the tumor cell surface receptors. This will enhance the sensitivity of in vivo tumor detection. For early detection of cancer, active targeting will give better results than passive targeting [16-18].

This can be classified as delivery of chemotherapy, immunotherapy, radiotherapy, and gene therapy, and delivery of chemotherapy is aimed at improving the pharmacokinetics and reducing drug toxicity by selective targeting and delivery to cancer tissues. This is primarily based on passive targeting, which employs the EPReffect described earlier [16]. Nanocarriers increase the half-life of the drugs. Immunotherapy is a promising new front in cancer treatment based on understanding the tumor-host interaction. Nanotechnology is being investigated to deliver immunostimulatory or immunomodulatory molecules. It can be used as an adjuvant to other therapies [19-21].

Role of Nanotechnology in Radiotherapy

Thistechnology involves targeted delivery of radioisotopes, targeted delivery of radiosensitizer, reduced side effects of radiotherapy by decreasing distribution to healthy tissues, and combining radiotherapy with chemotherapy to achieve synergism but avoid side effects, andadministering image-guided radiotherapy improves precision and accuracy while reducing exposure to surrounding normal tissues[22,23].

Gene Therapy Using Nanotechnology

There is a tremendous interest in the research in gene therapy for cancer, but the results are still falling short of clinical application. Despite a wide array of therapies aimed at gene modulation, such as gene silencing, anti-sense therapy, RNAinterference, and gene and genome editing, finding a way to deliver these effects is challenging. Nanoparticles are used as carriers for gene therapy, with advantages such as easy construction and functionalizing and low immunogenicity and toxicity. Gene-targeted delivery using nanoparticles has great future potential. Gene therapy is still in its infancy but is very promising [24].

Nanodelivery Systems

Quantum dots: Semiconductor nanocrystal quantum dots (QDs) have outstanding physical properties. Probes based on quantum dots have achieved promising cellular and in vivo molecular imaging developments. Increasing research is proving that technology based on quantum dots may become an encouraging approach in cancer research[4]. Biocompatible QDs were launched for mapping cancer cells in vitro in 1998. Scientists used these to create QD-based probes for cancer imaging that were conjugated with cancer-specific ligands, antibodies, or peptides. QD-immunohistochemistry (IHC) has more sensitivity and specificity than traditional immunohistochemistry (IHC) and can accomplish measurements of even low levels, offering considerably higher information for individualized management. Imaging utilizing quantum dots has emerged as a promising technology for early cancer detection[25,26].

Nanoshells and gold nanoparticles/gold nanoshells (AuNSs) are an excellent example of how combining nanoscience and biomedicine can solve a biological problem. They have an adjustable surface plasmon resonance, which can be set to the near-infrared to achieve optimal penetration of tissues. During laser irradiation, AuNSs' highly effective light-to-heat transition induces thermal destruction of the tumor without harming healthy tissues. AuNSs can even be used as a carrier for a wide range of diagnostic and therapeutic substances[27].

Dendrimers: These are novel nanoarchitectures with distinguishing characteristics such as a spherical three-dimensional shape, a monodispersed uni-micellar nature, and a nanometric size range. The biocompatibility of dendrimers has been employed to deliver powerful medications such as doxorubicin. This nanostructure targets malignant cells by attaching ligands to their surfaces. Dendrimers have been intensively investigated for targeting and delivering cancer therapeutics and magnetic resonance imaging contrast agents. The gold coating on its surface significantly reduced their toxicity without significantly affecting their size. It also served as an anchor for attaching high-affinity targeting molecules to tumor cells [28].

Liposomal nanoparticles (Figure 1): These have a role in delivery to a specific target spot, reducing biodistribution toxicity because of the surface-modifiable lipid composition, and have a structure similar to cell membranes. Liposome-based theranostics (particles constructed for the simultaneous delivery of therapeutic and diagnostic moieties) have the advantage of targeting specific cancer cells.Liposomes are more stable in the bloodstream and increase the solubility of the drug. They also act as sustained release preparations and protect the drug from degradation and pH changes, thereby increasing the drug's circulating half-life. Liposomes help to overcome multidrug resistance. Drugs such as doxorubicin, daunorubicin, mitoxantrone, paclitaxel, cytarabine, and irinotecanare used with liposome delivery [29-31].

Polymeric micelles: Micelles are usually spherical particles with a diameter of 10-100 nm, which are self-structured and have a hydrophilic covering shell and a hydrophobic core, suspended in an aqueous medium. Hydrophobic medicines can be contained in the micelle's core. A variety of molecules having the ability to bind to receptors, such as aptamers, peptides, antibodies, polysaccharides, and folic acid, are used to cover the surface of the micelle in active tumor cell targeting. Enzymes, ultrasound, temperature changes, pH gradients, and oxidationare used as stimuli in micelle drug delivery systems. Various physical and chemical triggers are used as stimuli in micelle drug delivery systems. pH-sensitive polymer micelle is released by lowering pH. A co-delivery system transports genetics, as well as anticancer medicines. Although paclitaxel is a powerful microtubule growth inhibitor, it has poor solubility, which causes fast drug aggregation and capillary embolisms. Such medicines' solubility can beraised to 0.0015-2 mg/ml by encapsulating them in micelles. Polymeric micelles are now being tested for use in nanotherapy [32].

Carbon nanotubes (CNTs): Carbon from burned graphite is used to create hollow cylinders known as carbon nanotubes (CNTs). They possess distinct physical and chemical characteristics that make them interesting candidates as carriers of biomolecules and drug delivery transporters. They have a special role in transporting anticancer drugs with a small molecular size. Wu et al. formed amedicine carrier system using multi-walled CNTs (MWCNTs) and the 10-hydroxycamptothecin (HCPT) anticancer compound. As a spacer between MWCNTs and HCPT, they employed hydrophilic diamine trimethylene glycol. In vitro and in vivo, their HCPT-MWCNT conjugates showed significantly increased anticancer efficacy when compared to traditional HCPTformulations. These conjugates were able to circulate in the blood longer and were collected precisely at the tumor site [33,34].

Limitations

Manufacturing costs, extensibility, safety, and the intricacy of nanosystems must all be assessed and balanced against possible benefits. The physicochemical properties of nanoparticles in biological systems determine their biocompatibility and toxicity. As a result, stringent manufacturing and delineation of nanomaterials for delivery of anticancer drugs are essential to reduce nanocarrier toxicity to surrounding cells. Another barrier to medication delivery is ensuring public health safety, as issues with nanoparticles do not have an immediate impact. The use of nanocarriers in cancer treatment may result in unforeseen consequences. Hypothetical possibilities of environmental pollution causing cardiopulmonary morbidity and mortality, production of reactive oxygen species causing inflammation and toxicity, and neuronal or dermal translocations are a few possibilities that worry scientists. Nanotoxicology, a branch of nanomedicine, has arisen as a critical topic of study, paving the way for evaluating nanoparticle toxicity [35-37].

Nanotechnology has been one of the recent advancements of science that not only has revolutionized the engineering field but also is now making its impact in the medical and paramedical field. Scientists have been successful in knowing the properties and characteristics of these nanomaterials and optimizing them for use in the healthcare industry. Although some nanoparticles have failed to convert to the clinic, other new and intriguing nanoparticles are now in research and show great potential, indicating that new treatment options may be available soon. Nanomaterials are highly versatile, with several benefits that can enhance cancer therapies and diagnostics.

These are particularly useful as drug delivery systems due to their tiny size and unique binding properties. Drugs such as doxorubicin, daunorubicin, mitoxantrone, paclitaxel, cytarabine, irinotecan, and amphotericin B are already being conjugated with liposomes for their delivery in current clinical practices. Doxorubicin, cytarabine, vincristine, daunorubicin, mitoxantrone, and paclitaxel, in particular, are key components of cancer chemotherapy. Even in the diagnosis of cancer for imaging and detection of tumor markers, particles such as nanoshells, dendrimers, and gold nanoparticles are currently in use.

Limitations of this novel technology include manufacturing expenses, extensibility, intricacy, health safety, and potential toxicity. These are being overcome adequately by extensive research and clinical trials, and nanomedicine is becoming one of the largest industries in the world. A useful collection of research tools and clinically practical gadgets will be made available in the near future thanks to advancements in nanomedicine. Pharmaceutical companies will use in vivo imaging, novel therapeutics, and enhanced drug delivery technologies in their new commercial applications. In the future, neuro-electronic interfaces and cell healing technology may change medicine and the medical industry when used to treat brain tumors.

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The Application of Nanotechnology and Nanomaterials in Cancer Diagnosis and Treatment: A Review - Cureus

Making and breaking of chemical bonds in single nanoconfined molecules – Nanowerk

Sep 14, 2022(Nanowerk News) Researchers around the world are working to develop efficient materials to convert CO2 into usable chemical substances work that is particularly pressing in view of global warming.A team from the University of Gttingen, Germany, and the Ulsan National Institute for Science, South Korea, has discovered a new and promising approach: catalytically active molecules are nanoconfined meaning they are put into an environment that leaves very little space for the single molecules on a surface that serves as a conductive electron supplier. These molecules promote specific chemical reactions. Such hybrid systems make use of both the properties of the molecules and the properties of the substrate.The results were published in Science Advances ("Making and breaking of chemical bonds in single nanoconfined molecules").Image showing how the catalytically active molecules arranged themselves into almost perfect single-layer structures on a polished silver surface. (Image: Ole Bunjes)The first step for the team was to deposit the catalytically active molecules as a vapour onto polished silver before examining them with a high-resolution scanning tunneling microscope built in Gttingen."To our absolute astonishment, the molecules arrange themselves, as if by magic, into almost perfect single-layer structures on the surface," says Lucas Paul, PhD student, University of Gttingen, and co-author of the study."In addition to imaging individual molecules, the energy of the injected electrons can be adjusted so precisely in the scanning tunneling microscope that chemical reactions can be induced and observed in a single molecule," explains physicist Professor Martin Wenderoth.Wenderoth led the project together with chemist Professor Inke Siewert, at the University of Gttingens Collaborative Research Centre 1073 Atomic Scale Control of Energy Conversion. Siewert adds, "We are able to very precisely break individual chemical bonds."The researchers show that molecules that are particularly densely packed on the surface have altered chemical properties. Thus, exclusively for the "trapped" molecules the bond can be broken and subsequently also restored, since the separated part of the molecule can only move very slightly away from the rest of the molecule."This shows how a lack of space, at an atomic level, can be used to manipulate chemical reactions," says first author Ole Bunjes, University of Gttingen.The research team wants their experiments to contribute to the development of efficient molecular surface systems with precisely determined properties. In addition, they want to investigate whether their new system is suitable as a molecular data memory.

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Making and breaking of chemical bonds in single nanoconfined molecules - Nanowerk

Purple Tomato Is First Genetically Engineered Plant To Be Deregulated Through USDA’s New Regulatory Status Review Process – Life Sciences,…

On September 7, 2022, the United States Department ofAgriculture's Animal and Plant Health Inspection Service(USDA-APHIS) announced the completion of the firstRegulatory Status Review (RSR) of a genetically engineered plantunder the SECURE rule. APHIS concluded that a new geneticallyengineered tomato produced by Norfolk Plant Sciences is unlikely topose an increased plant pest risk compared to a conventionaltomato, and is therefore not subject to regulation under the SECURErule. This means that these tomato plants, which have beenengineered to produce deep purple tomatoes with enhancednutritional quality, may be legally imported, moved interstate, or"released" into the environment (including, for example,in a field trial) in the United States without a permit fromAPHIS.

Notably, this finding also means that subsequent genetictransformation events involving the same combination of plantspecies, trait, and mechanism of action ("PTMOA") asNorfolk Plant Sciences' purple tomatoes are also no longerregulated under the SECURE rule. Thus, other subspecies andvarieties of Solanum lycopersicum that have been modifiedto produce the same trait by the same mechanism ofactioneven if by different transgenic eventsare nowexempt under 340.1(c) of the SECURE rule. More informationon this so-called PTMOA exemption is available in APHIS's"Guide for Requesting a Confirmation of Exemptionfrom Regulations under 7 CFR part 340" (published August31, 2022; document ID BRS-GD-2020-0001). This approach is differentfrom the "event-by-event" regulation that was previouslyrequired, and represents the first time that APHIS has made an RSRdetermination under its new rules.

Additional information about the contours of the SECURE rule andthe genetic engineering that Norfolk Plant Sciences used to producetheir purple tomato is provided below.

The SECURE rule (7 CFR part 340) governs how APHISregulates certain organisms developed using genetic engineering,with the goal of protecting U.S. agriculture from plant pest risksunder the Plant Protection Act of 2000 (7 U.S.C. 7701et seq.). It replaced the previous version of 7 CFR part 340, whichhad been in place largely unchanged since APHIS's biotechnologyregulations were established in 1987, in phases between May 18, 2020 and October 1,2021.

The new regulations completely overhauled and streamlined theregulatory process for assessing the plant pest risk oforganisms developed using genetic engineering, taking into accountadvances in scientific understanding, and focusing more on theproperties of the engineered organism and less on the method(s)used to produce it.

The revised regulations exempt certain types of modificationsfrom regulation; such exemptions are self-determined, though developers may voluntarily requestconfirmation from APHIS that a given exemption applies. Thisexemption/confirmation process replaced the previous "Am I Regulated?"process on June 17, 2020, and APHIS has since issued 15 confirmation lettersas of this writing, with the earliest in April 2021.

However, no plant had made it through the new RSR process untilnow. The RSR process is an option for instances in which no SECURErule exemptions apply to a given engineered plant, but thedeveloper feels that the plant nonetheless does not pose anincreased plant pest risk and should therefore not be regulated bythe SECURE rule. The RSR process replaced the previous"petition" process for requesting deregulation from 7 CFRpart 340 due to low likelihood of posing a plant pest risk.

The RSR process became available for corn, soybean, cotton,potato, tomato, and alfalfa on April 5, 2021, and for all otherplant species on October 1, 2021. APHIS received Norfolk PlantSciences' RSR request on August 4, 2021 and responded onSeptember 6, 2022 (both the request and the response documents areavailable here, under RSR number 21-166-01rsr). As ofthis writing, Norfolk Plant Sciences' tomato is the only RSRrequest publicly available on APHIS's website.

Under the RSR process, APHIS reviews "the biologicalproperties of the plant; and the trait (or new characteristic); andthe mechanism of action (or how the genetic modification causes thenew trait to occur)" in order to evaluate plant pest risk. There are twopotential steps to this process, depending on what APHIS determinesduring the first step. In Step 1, APHIS identifies whether theengineered plant poses a plausible pathway to increased plant pestrisk compared to a "comparator" plant. If APHIS finds nosuch pathway, the RSR process concludes, and APHIS notifies therequestor that the plant in question is not subject to regulationunder the SECURE rule. This was the outcome for Norfolk PlantSciences' tomato.

On the other hand, if APHIS does determine that the engineeredplant may plausibly pose an increased plant pest risk, there areseveral potential next steps. First, the developer may accept thatthe plant is regulated under the SECURE rule, and then eitherrequest a permit before moving or releasing the plant, or take nofurther action and not move or release the plant. Alternatively oradditionally, the developer may request that APHIS proceed to Step 2 of the RSR process, which entails amore involved review, subsequent publication in the FederalRegister, and solicitation and review of public comments before afinal determination. As of this writing, no plant has gone throughthis second step of the RSR process.

As described in its RSR request, Norfolk Plant Sciences createdits purple tomato plant by Agrobacterium-mediatedinsertional mutagenesis of the "MicroTom" tomato variety,and subsequent crossing into other tomato varieties. The plants areengineered to increase expression of their natural anthocyaninpigments, which is what causes the fruits to have a deep purplecolor and also enhances their nutritional value.

Specifically, the inserted DNA contains two transcriptionfactors from the snapdragon plant (Antirrhinum majus),which serve to activate production of the tomato's nativeanthocyanin biosynthesis pathway, causing increased anthocyaninproduction. Each of these two transcription factor genes, calledDel and Ros1, is expressed from the T-DNA under anative tomato promotor that causes fruit-specific expression. TheT-DNA also includes the nptII selectable marker with apromotor and terminator from Agrobacterium tumefaciens,which have a decades-long history of safe use and consumption.

Complete genome sequencing revealed that the T-DNA was insertedat a single site in chromosome 4, accompanied by several smalldeletions. Phenotypic evaluation of the transformed plants revealedthat they grew effectively the same as non-transgenic tomatoes,except that they produce deep purple fruit with significantlyhigher anthocyanin content. Photos of the plants and fruit areavailable in the published RSR request.

APHIS considered the information disclosed in Norfolk PlantSciences' RSR request, alongside "publicly availableresources, and APHIS' familiarity with tomato and knowledge ofthe trait, phenotype, and mechanism of action" and "didnot identify any plausible pathway by which [the] modified tomato,or any of its sexually compatible relatives, would pose anincreased plant pest risk relative to a comparator tomato"(21-116-01 RSR Response, page 1). As such, APHIS concluded thatthese purple tomatoes are not subject to regulation under theSECURE rule.

It is important to note that deregulation from APHIS'sSECURE rule does not mean that the plant is wholly removed fromU.S. federal regulatory oversight. For example, regulationsimplemented by the Food and Drug Administration (FDA),Environmental Protection Agency (EPA), and/or other arms of USDA(such as Plant Protection and Quarantine (PPQ) import and exportregulations, and/or Agricultural Marketing Service (AMS) labelingrequirements) may still apply. Along those lines, Norfolk PlantSciences' RSR request states that Norfolk Plant Sciencessubmitted a food and feed safety and nutritional assessment of thePurple Tomato to FDA under the voluntary Biotechnology Notification Consultationprogram, which was received as BNF number 178. As of thiswriting, FDA has not yet published a completed consultation forNorfolk Plant Sciences' purple tomato.

This regulatory review is an important milestone for regulationof genetically engineered plants in the United States. It is thefirst public test of the SECURE rule's RSR process since itsimplementation more than a year ago, when it became one of the mostscientifically progressive such review processes in the world, atleast on paper. The deregulation of Norfolk Plant Sciences'purple tomatoes shows that USDA-APHIS is embracing its newproduct-focused regulations. Although the review took more than ayearsignificantly longer than the 180 days promised by APHIS for Step1the process will likely become more efficient as the agencyand developers become more familiar and comfortable with the newsystem. It will be interesting to see how the exemption and reviewprocesses grow and possibly become more streamlined with additionaluse.

Because of the generality of this update, the informationprovided herein may not be applicable in all situations and shouldnot be acted upon without specific legal advice based on particularsituations.

Morrison & Foerster LLP. All rights reserved

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Purple Tomato Is First Genetically Engineered Plant To Be Deregulated Through USDA's New Regulatory Status Review Process - Life Sciences,...

Going green with Nfinite | Waterloo News – The Iron Warrior

A startup company founded by a Waterloo Engineering professor and two of his graduate students has won US $250,000 to expand and commercialize green technology for the packaging industry.

Nfinite Nanotechnology was launched on Earth Day in 2021 by Kevin Musselman, a professor of mechanical and mechatronics engineering, and Chee Hau Teoh (MASc 20) and Jhi Yong Loke (MASc 21), who earned masters degrees while developing the technology in his lab.

Based in Waterloo, Nfinite was announced this week as one of two winners of seed funding from Amcor, an international packaging company with US $15 billion in annual sales in 43 countries.

Chee Hau Teoh is CEO of nanotechnology startup Nfinite, a spinoff from Waterloo Engineering.

We are excited to work with industry leaders the calibre of Amcor to rethink and redefine packaging for a circular economy, Teoh, the chief executive officer, said in a media release.

Nfinite is developing nanocoating technology to keep products fresh and enable the use of sustainable packaging.

Its vapor-deposited nanocoating, applied at low temperature in the open air without a vacuum chamber, is described as eco-friendly, solvent-free, ultrathin and multifunctional.

Amcor launched its seed funding initiative, called Amcor Lift-Off, to target breakthrough, state-of-the-art technologies and make the future of packaging more sustainable.

The other winner, Bloom Biorenewables, converts plant waste into chemicals that are used in packaging. It is based in Switzerland.

Both start-ups are rooted in a culture of innovation and creativity, looking to break boundaries and disrupt the packaging industry as we know it, Frank Lehmann, a vice president at Amcor, said in the media release.

Photo by SHVETS productions

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Going green with Nfinite | Waterloo News - The Iron Warrior

SMART Innovation Center awarded five-year NRF grant for new deep tech ventures – MIT News

The Singapore-MIT Alliance for Research and Technology (SMART), MITs research enterprise in Singapore has announced a five-year grant awarded to the SMART Innovation Center (SMART IC) by the National Research Foundation Singapore (NRF) as part of its Research, Innovation and Enterprise 2025 Plan. The SMART IC plays a key role in accelerating innovation and entrepreneurship in Singapore and will channel the grant toward refining and commercializing developments in the field of deep technologies through financial support and training.

Singapore has recently expanded its innovation ecosystem to hone deep technologies to solve complex problems in areas of pivotal importance. While there has been increased support for deep tech here, with investments in deep tech startups surging from $324 million in 2020 to $861 million in 2021, startups of this nature tend to take a longer time to scale, get acquired, or get publicly listed due to increased time, labor, and capital needed. By providing researchers with financial and strategic support from the early stages of their research and development, the SMART IC hopes to accelerate this process and help bring new and disruptive technologies to the market.

SMARTs Innovation Center prides itself as being one of the key drivers of research and innovation, by identifying and nurturing emerging technologies and accelerating them towards commercialization, says Howard Califano, director of SMART IC. With the support of the NRF, we look forward to another five years of further growing the ecosystem by ensuring an environment where research and research funds are properly directed to what the market and society need. This is how we will be able to solve problems faster and more efficiently, and ensure that value is generated from scientific research.

Set up in 2009 by MIT and funded by the NRF, the SMART IC furthers SMARTs goals by nurturing promising and innovative technologies that faculty and research teams in Singapore are working on. Some emerging technologies include, but are not limited to, biotechnology, biomedical devices, information technology, new materials, nanotechnology, and energy innovations.

Having trained over 300 postdocs since its inception, the SMART IC has supported the launch of 55 companies that have created over 3,300 jobs. Some of these companies were spearheaded by SMARTs interdisciplinary research groups, including biotech companies Theonys and Thrixen, autonomous vehicle software company nuTonomy, and integrated circuit company New Silicon. During the RIE 2020 period, 66 Ignition Grants and 69 Innovation Grants were awarded to SMARTs researchers, as well as faculty at other Singapore universities and research institutes.

The following four programs are open to researchers from education and research facilities, as well as institutes of higher learning, in Singapore:

Innovation Grant 2.0: The enhanced SMART Innovation Centers flagship program, the Innovation Grant 2.0, is a gated three-phase program focused on enabling scientist-entrepreneurs to launch a successful venture, with training and intense monitoring across all phases. This grant program can provide up to $800,000 Singaporean dollars and is open to all areas of deep technology (engineering, artificial intelligence, biomedical, new materials, etc). The first grant call for the Innovation Grant 2.0 is open through Oct. 15. Researchers, scientists, and engineers at Singapores public institutions of higher learning, research centers, public hospitals, and medical research centers especially those working on disruptive technologies with commercial potential are invited to apply for the Innovation Grant 2.0.

I2START Grant: In collaboration with SMART, the National Health Innovation Center Singapore, and Enterprise Singapore, this novel integrated program will develop master classes on venture building, with a focus on medical devices, diagnostics, and medical technologies. The grant amount is up to S$1,350,000. Applications are accepted throughout the year.

STDR Stream 2: The Singapore Therapeutics Development Review (STDR) program is jointly operated by SMART, the Agency for Science, Technology and Research (A*STAR), and the Experimental Drug Development Center. The grant is available in two phases, a pre-pilot phase of S$100,000 and a Pilot phase of S$830,000, with a potential combined total of up to S$930,000. The next STDR Pre-Pilot grant call will open on Sept. 15.

Central Gap Fund: The SMART IC is an Innovation and Enterprise Office under the NRFs Central Gap Fund. This program helps projects that have already received an Innovation 2.0, STDR Stream 2, or I2START Grant but require additional funding to bridge to seed or Series A funding, with possible funding of up to S$5 million. Applications are accepted throughout the year.

The SMART IC will also continue developing robust entrepreneurship mentorship programs and regular industry events to encourage closer collaboration among faculty innovators and the business community.

SMART, through the Innovation Center, is honored to be able to help researchers take these revolutionary technologies to the marketplace, where they can contribute to the economy and society. The projects we fund are commercialized in Singapore, ensuring that the local economy is the first to benefit, says Eugene Fitzgerald, chief executive officer and director of SMART, and professor of materials science and engineering at MIT.

SMART was established by MIT and the NRF in 2007 and serves as an intellectual and innovation hub for cutting-edge research of interest to both parties. SMART is the first entity in the Campus for Research Excellence and Technological Enterprise. SMART currently comprises an Innovation Center and five Interdisciplinary Research Groups: Antimicrobial Resistance, Critical Analytics for Manufacturing Personalized-Medicine, Disruptive and Sustainable Technologies for Agricultural Precision, Future Urban Mobility, and Low Energy Electronic Systems.

The SMART IC was set up by MIT and the NRF in 2009. It identifies and nurtures a broad range of emerging technologies including but not limited to biotechnology, biomedical devices, information technology, new materials, nanotechnology, and energy innovations, and accelerates them toward commercialization. The SMART IC runs a rigorous grant system that identifies and funds promising projects to help them de-risk their technologies, conduct proof-of-concept experiments, and determine go-to-market strategies. It also prides itself on robust entrepreneurship boot camps and mentorship, and frequent industry events to encourage closer collaboration among faculty innovators and the business community. SMARTs Innovation grant program is the only scheme that is open to all institutes of higher learning and research institutes across Singapore.

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SMART Innovation Center awarded five-year NRF grant for new deep tech ventures - MIT News

The five hottest private biotech companies in India – Labiotech.eu

India is brimming with biotech companies and a young and skilled workforce. Heres a quick glance at the private healthcare biotechs in India that captured investors imaginations in the last couple of years.

India has historically been known for its large IT, pharmaceutical and vaccine manufacturing sectors, but is also a force to be reckoned with in the global biotechnology market. The nation boasts around 5,000 biotech companies, with more than 4,000 being startups. This startup count is expected to reach 10,000 by 2024.

With a huge population of young and skilled workers, India has many ingredients for expanding the number of its biotech companies in the coming years. Add to this a large patient pool for lifestyle-related diseases such as type 2 diabetes, and there is a large potential for generating innovations in healthcare.

Weve assembled a shortlist of the hottest private biotech companies in India by checking whos raised impressive cash in the last few years. These companies are carrying out innovative healthcare research and are primarily based in Mumbai and Bengaluru.

Founded: 2014

Headquarters: Bengaluru, India and Saratoga, U.S.

Bugworks has multiple sites in the U.S. and Australia with a research and development base in India. The firm specializes in the development of antibiotics that could address the growing crisis of antimicrobial resistance.

Bugworks lead candidate antibiotic blocks the replication machinery in invading bacteria. In addition, the drug is designed to bypass normal resistance mechanisms in bacteria, which could make it harder for strains to become resistant to the treatment.

The company is testing its antibiotic in phase 1 trials for the treatment of multi-drug resistant infections in collaboration with the nonprofit initiatives CARB-X and the Global Antibiotic Research and Development Partnership (GARDP).

Bugworks is financing its antibiotics research with a $18 million Series B1 round closed in February 2022. In addition, Bugworks will use the proceeds to fund the preclinical development of a dual-acting drug to treat cancer.

Founded: 2012

Headquarters: Mumbai

Epigeneres Biotech hit the headlines in January 2022 with a $6 million Series B funding round. The Indian biotech company is using the cash to develop a wide range of different technologies in its arsenal, including cancer tests, nanotechnology-based medicines and nutraceuticals.

Cancer detection is Epigeneres most recent pursuit. In 2021, the firm teamed up with the Singaporean company Tzar Labs to develop cancer diagnostics that screen for telltale RNA molecules from tumors at early stages of disease. Epigeneres is poised to launch a screening service in India based on the technology.

Epigeneres also has nucleic acid drugs in development for the treatment of conditions ranging from infertility to renal failure to autoimmune diseases. The firm uses a form of nanotechnology to boost the delivery of the drugs to the target cells.

In addition, Epigeneres is working on small molecule drugs that can increase the population of stem cells in the body in a regenerative medicine setting.

Founded: 2016

Headquarters: Bengaluru

In August 2022, Eyestem caught the eye of investors in a $6.4 million Series A round. The Indian biotech startup is working on cell therapies for eye disorders, with a flagship therapy in the pipeline for the treatment of dry age-related macular degeneration (dry AMD).

There is currently no treatment for dry AMD. In patients with the condition, the eye accumulates cellular debris, which causes destructive inflammation in the retina. This leads to a loss of retinal pigment epithelium, the layer of cells that support the photosensitive cells we need to see.

Eyestem is developing an off-the-shelf stem cell therapy to replace lost retinal pigment epithelium. The biotech has earmarked money from its recent Series A round for preparing its cell therapy for early-stage clinical testing.

Founded: 2019

Headquarters: Bengaluru

Immuneel Therapeutics is making waves in the field of autologous CAR-T cell therapy, where a patients immune T cells are removed, engineered in the lab to kill blood cancer cells, and reinfused into the patient. There are CAR-T therapies already available, but these complex, expensive therapies are currently limited to only the wealthiest countries.

Immuneels mission is to develop CAR-T therapies that are accessible and affordable in India. To support this push, the company raised $15 million in June 2022 in a Series A round.

The therapies in Immuneels pipeline are targeted to various types of blood cancer in children and adult patients. As the Indian biotech closed its Series A round, Immuneel kicked off a phase 2 trial of a CAR-T therapy in what it claims is the first industry-sponsored CAR-T trial in India.

Founded: 2013

Headquarters: Bengaluru and Wilmington, U.S.

MedGenome has sites around the globe, with a large part of its operations and genetic testing situated in, and targeted to, India.

The company carries out genomics-focused research and diagnostics services for biopharma clients that can help in the development of drugs tackling cancer, diabetes, eye conditions and cardiovascular diseases. To provide a rich dataset, the company works with more than 500 hospitals in India.

MedGenome raised one of the Asia-Pacific regions biggest biotech investments in August 2022 a $50 million round led by Novo Holdings. The funds will be used to increase access to genetic testing in emerging markets, which have lagged behind the wealthier parts of the world.

MedGenome also aims to collect genetic data from a wide range of populations in Asia, which could provide a treasure trove of clinical insights for genes related to disease. In keeping with this aim, the company is a founding member of the initiative GenomeAsia 100K, which will analyze the genomes of 100,000 people from a range of Asian populations to speed up the development of precision medicine in this part of the world.

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Rt Hon Jacinda Ardern – Prime Minister of New Zealand – NZ Labour Party

Jacinda Ardern is the Prime Minister of New Zealand and the Leader of the New Zealand Labour Party.

Born in Hamilton, Jacinda grew up in rural Waikato and attended Morrinsville College, before graduating from the University of Waikato with a Bachelor of Communications Studies in International Relations and Professional Communication. She joined the New Zealand Labour Party at age 18.

After university, Jacinda worked in a variety of roles across government and business, including as an advisor to Prime Minister Helen Clark, and in the Government Cabinet Office in London. She was elected to Parliament in 2008, becoming the MP for the Mt Albert electorate in 2017 and the Leader of the Labour Party later that year. She became Prime Minister in September 2017, and in 2018, she gave birth to her daughter, Neve.

During her time in Parliament, Jacinda has been a strong advocate for children, women and the right of every New Zealander to have meaningful work. She was responsible for the landmark Child Poverty Reduction Act, and has taken a lead on climate change through initiatives like the establishment of the Zero Carbon Act and the ban on future offshore oil and gas exploration in New Zealand.

As well as Prime Minister, Jacinda holds the roles of Minister for National Security and Intelligence, and Minister for Child Poverty Reduction, an issue particularly close to her heart. She is also the Minister Responsible for Ministerial Services and Associate Minister for Arts, Culture and Heritage.

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Rt Hon Jacinda Ardern - Prime Minister of New Zealand - NZ Labour Party

New Zealand will continue to cooperate with more assertive China …

New Zealand will continue to cooperate on shared interests with China, even as tensions increase in the region and China grows more assertive in the pursuit of its interests, Jacinda Ardern has said.

Speaking to the China Business Summit in Auckland on Monday, the prime minister said she was planning a trip to China to seize new opportunities for dialogue, support the trade relationship, and further cooperate on the climate crisis.

Even as China becomes more assertive in the pursuit of its interests, there are still shared interests on which we can and should cooperate, she said.

The prime ministers speech comes during a tense period for the Indo-Pacific, with western allies concerned about Chinas push for influence, particularly its proposed regional Pacific security deal. Ardern called for Beijing to respect and support the institutions that she said undergirded regional and international peace and stability.

Both New Zealand and China had been major beneficiaries of relative peace, stability and prosperity The rules, norms and institutions, such as the United Nations, that underlie that stability and prosperity remain indispensable, Ardern said, but are also under threat.

We see how much we have to lose should the international rules-based system falter, she said.

The speech was closely wedded to the party line of Arderns second-term governments foreign policy. The policy has emphasised respect, consistency, and predictability in dealings with China: essentially, that the government will continue to cooperate and work closely with China on mutually beneficial matters, particularly trade, while calling out differences typically on foreign policy and human rights.

That balancing act has, at times, been a difficult one to manage. New Zealand remains highly dependent on China for trade the country is its largest trading partner, accounting for 23% of total trade and 32% of goods exports.

But as Chinas economic importance to New Zealand has grown, ideological differences with Beijing have become increasingly stark, with reports of severe human rights abuses in Xinjiang, Beijings push into the Pacific and South China Sea, and erosion of democracy in Hong Kong.

In response to increasing tensions or risks in the region be they in the Pacific, the South China Sea, or the Taiwan Strait New Zealands position remains consistent we call for adherence to international rules and norms; for diplomacy, de-escalation and dialogue rather than threats, force and coercion, Ardern said.

Our differences need not define us. But we cannot ignore them. This will mean continuing to speak out on some issues sometimes with others and sometimes alone, she said.

We have done this recently on issues in the Pacific. We also have consistently expressed our concerns about economic coercion, human rights, Xinjiang, and Hong Kong.

One of the prime ministers primary examples of faltering institutions and norms was Putins war on Ukraine, and she called on China to to be clear that it does not support the Russian invasion and to use its access and influence to help bring an end to the conflict.

Over the past year, the Pacific has become an arena for broader geopolitical competition: with increasing interest from China, the US has also been looking to beef up its connections and alliances in the region.

Following Arderns speech on Monday, the commander of the US military in the Pacific said he wanted to expand and strengthen its ties with New Zealand.

Adm John Aquilino, head of the US Indo-Pacific Command, was in Wellington to meet top New Zealand defence force and government officials.

Our partnership runs very deep, Aquilino said. We are doing many things together to continue to ensure peace and prosperity for both of our nations and for all the nations in the region.

He said the leadership of Australia and New Zealand in the Pacific was critically important.

In June, the US signed Partners in the Blue Pacific, a cooperation agreement between Australia, Japan, New Zealand, the UK, and US.

The United States has been a Pacific nation our entire life. We will continue to operate in the Pacific no matter what else you might hear, Aquilino said.

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New Zealand will continue to cooperate with more assertive China ...

Jacinda Ardern to travel to New York for UN meeting later this month – New Zealand Herald

Prime Minister Jacinda Ardern on a previous visit to New York. Photo / Supplied

Prime Minister Jacinda Ardern will fly to New York City later this month for an annual meeting of world leaders at the United Nations, the UN General Assembly leaders' week.

The meeting was previously an annual fixture for New Zealand prime ministers, but Ardern has not attended in person since 2019.

This is not her first visit to New York since the pandemic, however - she visited earlier this year as part of her US trade mission.

Ardern will fly to the United States on Air New Zealand's inaugural direct flight between Auckland and New York's JFK Airport.

"I look forward to visiting the United States to meet with counterparts, and taking the opportunity to further promote New Zealand's reconnecting plan," Ardern said.

"It's an important opportunity to set out New Zealand's continued commitment to the multilateral system and international rules-based order. As the world continues to grapple with Covid-19, climate change, the Ukraine and geopolitical tensions, international co-operation is more important than ever," Ardern said.

While in the United States, she will co-host a Christchurch Call to Action Leaders' Summit, with French President Emmanuel Macron and participate in events to promote trade, investment, and tourism.

"I look forward to meeting with heads of state and global tech leaders to continue our important work to eliminate terrorist and violent extremist content online," Ardern said.

Leaders typically use UN General Assembly as an opportunity to meet one-on-one on the sidelines of the main event.

Ardern has a number of these planned, although she has not announced with whom she will be meeting.

She will also deliver New Zealand's national statement at the General Assembly.

Ardern will also meet with the Motion Picture Association of America, a trade body representing the film industry, to promote New Zealand as a film destination.

She will also attend the launch of the Invest New Zealand campaign "Do Good, Do Well" alongside major US investment funds.

Ardern said Air New Zealand's new direct flight to New York was "an exciting step in reconnecting New Zealand with the world, and will bring a welcome boost for our tourism and other businesses".

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Jacinda Ardern to travel to New York for UN meeting later this month - New Zealand Herald

PM Jacinda Ardern won’t confirm whether Government planning to scrap mask mandates, says they’re under review – Newshub

Speaking with media on Friday Prime Minister Jacinda Ardern wouldn't confirm whether the Government was planning to scrap mask requirements but said they were being reviewed.

"We are reviewing our COVID rules so we have a regular process of looking at what our current case numbers are, pressure on our hospital system," Ardern said.

"We are also looking at our settings more broadly. We've been working with the traffic light system for upwards of a year now so now is the time for us to look at whether all those settings are fit for purpose. We include mask use in this analysis."

When asked why the disability sector was only given 24 hours to respond to the proposal to drop mask mandates, Ardern said she "cannot speak to that".

"We work on the process of receiving public health advice so that public health advice actually builds over quite a period of time.

"You might be speaking to a particular sector who may have been engaged by our departments as they work on our advice as they prepare for us. We have not formally concluded or received the formal advice yet."

Ardern said the Government is yet to decide whether to drop mask requirements because the final advice is still being considered.

She also offered assurances to the disability sector after industry leaders raised concerns about the impacts of removing mask mandates.

"The only thing I would say is that whenever we receive advice we do take into account the range of different interests in our settings and of course, they span from everything in our disability sector to those in our education sector, the business community, a range of interests," Ardern said.

"It is our job as a Government to factor all of those in alongside, of course, the public health advice.

"We are very aware of the concerns within our disability community and we have been throughout our COVID-19 management."

It comes after Ardern hinted earlier in the week the country might soon be moving to the green COVID-19 traffic light setting.

The Prime Minister revealed on Monday, Cabinet would review Aotearoa's traffic light settings and broader COVID-19 rules in a fortnight, with ministers considering whether to shift the country to the green setting.

"Obviously you will have heard us say that we are going to look at our settings post-winter and so that is what we are going to do," Ardern told reporters.

"We've got to make sure the frameworks we are working in are fit for purpose at any given time. We did that obviously with the alert level system and we will do the same [again]."

New Zealand is currently in the orange setting and has been for some time. But over the past few weeks, COVID-19 cases have been steadily dropping with just 2066 new community cases announced on Thursday.

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PM Jacinda Ardern won't confirm whether Government planning to scrap mask mandates, says they're under review - Newshub

Government outlines new laws to crackdown on hidden criminal wealth – Stuff

The Government has confirmed the new tools police will be given to help seize illicit assets of organised crime, which is expected to rake in $25 million each year.

As reported by Stuff on Monday morning, the Government plans to amend the Criminal Proceeds (Recovery) Act to force associates of known criminals prove that they were able to afford their assets by legal means.

However, National says the Government is scrambling to deal with an out of control gang situation, and people are more worried about gun crime than stolen money being hidden in Kiwisaver accounts.

Prime Minister Jacinda Ardern provided more details on the measures during the post-Cabinet media conference on Monday, which she said would raise about $25 million per year.

READ MORE:* Government to toughen laws on illegally gained wealth of criminals* Bling-dripping drug dealer didn't claim three Harley-Davidsons * Hamilton stores count the cost after five raids in one night

The new laws aim to prevent organised crime figures form hiding their wealth by putting it in the names of associates. The changes are targeted at gangs in an attempt to ensure that crime doesnt pay.

ROBERT KITCHIN/Stuff

Prime Minister Jacinda Ardern spoke about new measures to crackdown on crime, at the weekly post-Cabinet press conference.

If someone is associated with an organised criminal group, and its suspected they couldnt have funded their assets legitimately, then they can now be required to prove to the court how they came to possess them or face having them seized, Justice Minister Kiri Allan said.

Currently, organised criminals structure their affairs to avoid their illicit assets being restrained and forfeited. This is done by creating distance between themselves and the assets by putting property into associates names, Allan said.

The new rules allow the official assignee a government agent who manages seized assets to hold onto them until the courts determine their future, rather than just for 28 days.

Abigail Dougherty/Stuff

Justice Minister Kiri Allan outlined changes to make it tougher to hide ill-gotten wealth.

A new court order will also be introduced meaning that criminals overseas who have assets in New Zealand could lose them in two months unless they provide proof they were obtained legally.

The Government also announced changes that will allow funds in KiwiSaver Scheme to be subject to civil forfeiture orders. This means criminals will not be able to hide illegal funds in KiwiSaver.

The Kiwisaver changes come after convicted fraudster Joanne Harrison was able to keep and access Kiwisaver funds that she had stolen from the Ministry of Transport.

However, National Partys justice spokesman Paul Goldsmith said the Government were scrambling to deal with an out of control gang situation, almost five years since coming into power.

Today's announcement will help, but it has to be part of a clear, consistent and forceful response to gangs. And we are just not getting that - we are getting very mixed messages, he said.

I think people are more worried about being shot at, than about gangs using KiwiSaver to salt money away.

The new policies are part of a suite being introduced by the Government next week to help to bolster its law and order credentials.

Labour has been under significant pressure from National and ACT parties for being soft on crime.

The Criminal Proceeds (Recovery) Act was passed in 2009. An illicit asset is an umbrella term for property derived from significant criminal activity.

Polices experience with criminal proceeds investigations tells us that use of intermediaries, third parties, relatives or friends are a feature of many cases now investigated, Police Minister Chris Hipkins said.

The steps taken today continue the Governments multi-faceted approach to tackling the harm caused by gangs and other organised criminal groups.

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Government outlines new laws to crackdown on hidden criminal wealth - Stuff

NZ government’s Working with Survivors continues cover-up of Pike River mine disaster – WSWS

On August 30, the New Zealand Labour Party government unveiled an 11-page document entitled Working with Survivors, outlining minimum expectations for state agencies dealing with survivors of large-scale catastrophic events, including both natural disasters and those caused by people.

Public Service Commissioner Peter Hughes developed the guidelines in collaboration with a minority of the families of the 29 workers killed in the 2010 Pike River coal mine disaster. The authors also sought input from some survivors of the 2019 White Island volcanic eruption (in which 22 people died), the 2011 CTV building collapse in Christchurch (115 deaths), the 1995 Cave Creek scenic viewing platform collapse (14 deaths), the 1990 Aramoana mass shooting (14 killed) and the 2019 far-right terror attack in Christchurch (51 killed).

Those who took part in this consultation clearly feel strongly that something must change. While the circumstances of these events vary, in many cases the victims families have been disempowered, kept in the dark about official investigations, given inadequate financial and mental and physical health support, and frequently misled and lied to by those in power.

Working with Survivors, however, will not lead to any fundamental improvement, regardless of the hopes of those who made submissions. It is a product of the Labour-led government of Jacinda Arderna government dedicated to the defence of big business, in opposition to the interests of the working class, including the survivors of industrial and other disasters.

The document sets out three key elements to guide the response of state agencies to disasters: Empower survivors, Be upfront and Work together. These slogans are vaguely defined and open to interpretation.

Under the heading Be upfront, for example, the call for open and honest communication with survivors is qualified by the statement: Where it is not possible to provide certainty or to answer questions that have been asked, survivors are provided with an explanation and reasonable expectations are set. Of course, it is the government agencies which decide whether it is possible to release information and what constitutes reasonable expectations of transparency.

The fact that Labour presents its handling of the Pike River victims families, in particular, as the model for future cases, should be taken as a warning by all workers. It exposes the hollowness of the governments claims to be guided by the interests of survivors.

For nearly 12 years, the previous National Party government and current Labour Party government have buried crucial evidence in the underground mine and prevented the prosecution of the company leaders who placed profit ahead of workers safety and turned the mine into a death trap.

This was an entirely preventable disaster. A 2012 royal commission determined that it was caused by the companys pursuit of profit ahead of workers safety, and the regulators refusal to shut down the mine, despite numerous warnings about breaches of health and safety rules. The Engineering, Printing and Manufacturing Union (EPMU) played a critical role in paving the way for the underground explosion: it refused to call strike action or even to speak publicly about the appalling conditions underground.

In the 2017 election, the Labour Party and its alliesthe Greens, NZ First, the Maori Partyall promised to re-enter Pike River mine to recover human remains and to look for evidence that could be used in criminal prosecutions. Late last year, however, the re-entry was aborted after workers had only explored the drift, or entry tunnel. The mine workings, where there is crucial evidence and bodies, have not been re-entered.

Minister for Pike River Re-entry Andrew Little gave the main speech at the official launch of Working with Survivors. Little was the EPMU leader at the time of the explosion in November 2010, and his initial response was to cover up the companys safety record, saying there was nothing unusual about the mine.

Little falsely declared in his speech: A fundamental purpose of the Pike River re-entry was to give the survivors closure and promote accountability. That required every part of the project to be conducted in partnership with the Stand With Pike Families Reference Group (FRG) and the wider families.

In fact, nobody has been held to account and the families and wider working class have not received any closure, thanks to the actions of Little and his government in sealing the mine. The Minister ran roughshod over the objections of 22 of the 29 families, backed by international mining experts, who insisted that the mine workings should have been re-entered to examine the underground fan, suspected of sparking the first explosion, and to find human remains.

The Working with Survivors document falsely states that the FRG, established as part of the Pike River Recovery Agency, is an example of share[d] decision-making between the families and the government. This echoes Labours fraudulent 2017 election promise that the families would be consulted on every decision relating to the re-entry.

In reality, the FRG represented only a small minority of the Pike River families. It was led by three family membersAnna Osborne, Sonya Rockhouse and Rowdy Durbridgeplus two state-appointed advisors. When the FRG announced in March last year that families accept the governments decision not to re-enter the mine workings, the majority of the families immediately objected to this anti-democratic decision.

The most outspoken family members, who campaigned against the governments decision and sought to challenge it in the High Court, were not consulted on the development of the Working with Survivors framework. They include Carol Rose, whose son Stu died in Pike River mine, Dean Dunbar, whose son Joseph was killed, and Bernie Monk, whose son Michael died in the disaster.

We were totally excluded, Rose told the WSWS. So how can they base this on the Pike River families when only a select few of them have been chosen to take part?

Rose said she laughed out loud when she read an FRG email saying that the new standards will empower survivors by allowing them to walk alongside government agencies [and] the person leading or in control of the disaster will be straight up and honest.

Yeah, of course they will! Especially if theyve got a shitload of stuff to hide, Rose said. She summed up Working with Survivors as lip service and the government patting each other on the back.

In response to Littles statements, Monk said: The reason we took Andrew Little to court was he did not come to us to consult about sealing up the mine. Little put the FRG in place so he could use them as a tool to cover up what the government were trying to do.

Dunbar told the WSWS: It needs to be said that Andrew Little does not speak on behalf of the majority of the Pike River families, nor do Anna [Osborne] and Sonya [Rockhouse]. There was a deal made behind the backs of the majority of the families to pull the pin on the re-entry of Pike River, he explained, and warned that this speaks volumes about what to expect in future disasters. Anybody that got in the way of the sealing of that mine were absolutely ostracised, in every way, shape and form, Dunbar said. Every bit of information was cut off.

The Labour government used the Pike River families as pawns in the 2017 election, he said, adding that this is continuing today. After sealing the mine, the government was now trying to create an atmosphere of: We did our absolute best, we care about people, no stone was left unturned, etc.

At the launch of Working with Survivors, Prime Minister Ardern declared that while we cant always prevent catastrophic events, we can reduce the risks, and we must, and we can better support those who navigate a recovery after them.

The reality is that far from doing anything to reduce the risks to workers, the Ardern government has done the opposite. In the COVID-19 pandemic, it enormously increased the level of severe disease, hospitalisation and death by removing public health restrictions and allowing the virus to spread. About 2,000 people have died since the government abandoned its COVID elimination policy late last year, at the behest of big business, and adopted the let it rip agenda that has killed more than 20 million people worldwide.

As for industrial disasters, the Working with Survivors document takes for granted that there will be more events similar to Pike River, White Island and the CTV building collapse. The root cause of such events is the capitalist system and its intensifying drive for profit, at any cost, which is defended by all the parliamentary parties. The only issue for the state is how to suppress the anger that such events trigger, not only among survivors, but the working class more broadly.

A full account of the Pike River disaster and the campaign waged by the Socialist Equality Group in New Zealand in collaboration with the families of the miners killed is published as a book Pike River: The Crime and Cover-up available from Mehring Books Australia at https://mehring.com.au/product/pike-river-the-crime-and-cover-up.

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NZ government's Working with Survivors continues cover-up of Pike River mine disaster - WSWS