Here’s what would happen if a wormhole fought a black hole – The Next Web

Singularities also known as black holes are so powerful that even light cannot escape their grasp. But what happens when ablack hole meets something even stronger, like a wormhole?

We know a black hole would win in a fight against Godzilla, Earths yellow sun, and even the entire Milky Way. But a wormhole? Thats a tall order. Sure, wormholes are only hypothetical so theyre at a disadvantage against black holes which weve actually observed. However that might be the black holes only advantage.

Where a black hole is like a kitchen sink with a drain to nowhere, a wormhole is a theoretical bridge between two universes or two distant places within the same universe. If wormholes exist, and it were possible to traverse them, you could fly a spaceship into one side and near-instantly pop out on the other side where you could be in a completely different universe.

Essentially they both suck, but what we want to know is which one sucks harder. Luckily for us a team of researchers from Vanderbilt University in Tennesee and Sam Houston State University in Texas have done the hard work for us.

In a pre-print paper on the astrophysics section of arXiv, the team writes:

In this paper, we model the inspiral of a stellar mass black hole into a stable, non-spinning, traversable wormhole, and find a characteristic waveform an anti-chirp and/or burst as the black hole emerges.

In other words: they modeled what would happen if a black hole and a wormhole got into it and the answer isnt as cut-and-dry as you might think.

Black holes arent just big, even forces of gravity. The further you are from their center, the less pull they exhibit. Wormholes work pretty similar so it stands to reason that if you got two of them in the same general location theyd feel each other out a bit before they start grappling. The scientists write:

The initial inspiral of the BH looks to an observer in Universe 1 like a typical BH-BH inspiral and merger with a normal GW chirp until the BH reaches the throat at 3MWH.

Basically, if you were watching on a fancy telescope that picks up distant radio waves, this would look like two black holes about to Tango.

Now were seeing the difference between a black hole and a wormhole. The black hole starts to pass into the throat of the wormhole and physics get funky. Per the researchers:

At that point the BH passes through the throat into Universe 2 and the gravitational wave signature in Universe 1 fades quickly as the BH is now radiating predominantly into Universe 2. An observer in Universe 3 sees a very strong signal that decreases in amplitude and frequency, an anti-chirp, until the BH reaches apogee and falls back into the WH.

Victory looks certain as the wormhole appears to have entirely swallowed the black hole. We expect the black hole will emerge on the other side of the wormhole, but theres a plot twist. According to the researchers, at the very moment the black hole should pass it gets spat back out into universe one:

The frequency reaches a maximum again at the throat as it passes from Universe 2 to 1, and the process repeats with chirps resulting from the inspiral BH trajectories and anti-chirps from outspiral BHs.

If the teams models are correct, a head-on collision between a black hole and a wormhole should result in a tie with the wormhole maintaining the upper hand. The wormhole gets the takedown, but the blackhole earns an escape. In the end, the wormhole takes the match in a split decision.

That is, of course, only if you apply MMA rules. The astrophysicists were mostly interested in coming up with a way to detect wormholes in order to prove their existence, so its unclear whether or not theyve considered the combat sports aspect of their research.

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Here's what would happen if a wormhole fought a black hole - The Next Web

LOOKING BACK AT OUR HISTORY: A conversation with Carl Sagan, part I – newportri.com

Forty years ago this month, I had just finished reading Carl Sagans book, "The Dragons of Eden: Speculations on the Evolution of Human Intelligence," a book for which he earned a Pulitzer Prize in 1978. The David Duncan Professor of Astronomy and Space Sciences from 1976 to his death in 1996, Sagan was a famous scientist of many fields relating to the universe: astronomy, planetary science, astrophysics, and astrobiology.

He became best known for his research on extraterrestrial life. He was the author, co-author, or editor of over 600 scientific papers and over 20 books. He narrated and co-wrote the award-winning television series: Cosmos: A Personal Voyage.

As the sub-title suggests, Sagan takes the reader on a wonderful and stimulating journey around the brains of our ancestorshuman and non-humanand our brains today. He then speculates on the growth of our intelligence by explaining the various parts of our brain, their functions, and why we think, speak, act, and even dream the way we do.

The book is magisterial in its scope, its composition, and its readability. He casts a wide net in quoting from the ancients, like Plato and Aristotle, and important writers and thinkers of the past five centuries, like John Milton, William Shakespeare, Charles Darwin, Henry David Thoreau, and Sigmund Freud.

Among other things, the book gave me the gift of wonder. Many times throughout Sagan brings the reader to a certain point and then, he "wonders." In his section dealing with human emotions, he wonders: "Do horses on occasion have glimmerings of patriotic fervor? Do dogs feel for humans something akin to religious ecstasy? What other strong or subtle emotions are felt by animals that do not communicate with us?"

He wonders: "Are our nighttime dreams of flying and daytime passions for flight nostalgic reminiscences of those days gone by in the branches of the high forest?"

In his section on the competition among early hominids and humans, he wonders: "I sometimes wonder whether our myths about gnomes, trolls, giants, and dwarfs could possibly a genetic or cultural memory of those times."

Upon reading the book in 1980, I was so moved that I wrote him a long letter. Six months later, he wrote back and asked me two questions. The first: "What would be necessary to make the reader [of a possible book on international relations] consider not just what is best for one nation or power group in a single nation, but for the human species as a whole? I never answered him; this is my answer.

Dear Professor Sagan: This possible book would have to deal with how the world political system works and would therefore have to deal with the two major theories of the system. A theory or model of the system is necessary, as in your work, because the system is complicated with many moving parts and unknowns. It does not conform to a clear and definitive set of mathematical equations which exist, for example, in astrophysics or planetary science.

My own definition of "theory" is: a set of assumptions and descriptive statements about a field of study which explain and predict behavior. When I say "explain," I mean that it must deal with the "Why?" the causality, of things. Leonardo Da Vinci said: "He who loves practice without theory is like the sailor who boards a ship without a rudder and compass and never knows where he may cast."

The two major theories in world politics are: realism and liberalism. In very simple terms, political realism views the world political system as anarchy with no fixed, agreed-upon rules and no over-arching government or "watchman." States are the most important actors, not humans or international organizations. In this environment, states are compelled to look after their own interests. They do this by seeking power and influence. Virtues, such as kindness and generosity, may be laudable for individuals, but they should have no place in a states decision-making. They will get you into trouble.

Political liberalism, on the other hand, emphasizes the unity and goodness of humankind. States may be the most important actors, but individuals make decisions for states, and they can make a difference. While it accepts that the system is one of anarchy, it has faith in people and in diplomacy to create institutions and to establish rules to lessen inequality and the use of violence to settle disputes.

You can see, Professor Sagan, that you and I both hope that more states conform and adhere to the principles of liberalism.

(Note: Stay tuned for Part II and Part III.)

Fred Zilian (zilianblog.com; Twitter: @FredZilian) is an adjunct professor of history and politics at Salve Regina University and a regular columnist.

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NASA will send a balloon the size of a football field into the sky in the near future – Time Out

The National Aeronautics Space Administration (NASA) has its hands full: while gearing up for the historic launch of rover Perseverance towards Mars tomorrow, the agency has announced its intention tosend off an enormous balloon the size of a football field into Earth's stratosphere to learn about the stars, the planets, the way our galaxy formed and more in 2023. Yes, we're excited.

To be specific, the 400-feet-wide balloon will be equipped with a far-infrared telescope and a gondola filled with scientific instrumentsall materials that will allow it to record the kind of data scientists are looking for. Once the mission is complete, all the instruments will be parachuted back to Earth and the balloon will be set free.

The operation is dubbed Astrophysics Stratospheric Telescope for High Spectral Resolution Observations at Submillimeter-wavelengths (ASTHROS) and is scheduled to leave from Antarctica in December 2023 andloop around the South Pole for three full weeks.

"Balloon missions like ASTHROS are higher-risk than space missions but yield high-rewards at modest cost," says JPL engineer Jose Siles, project manager for ASTHROS, in an official press release announcing the mission. "With ASTHROS, we're aiming to do astrophysics observations that have never been attempted before. The mission will pave the way for future space missions by testing new technologies and providing training for the next generation of engineers and scientists."

In case you thought you'd be ale to look up and catch a glimpse of the giant thing, think again: the balloon will hover right below the edge of space, at about 130,000 feet in altitude. To put things in perspective, that's four times higher than your average commercial plane.

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ESA’s Trace Gas Orbiter Detects Ozone and Carbon Dioxide in Atmosphere of Mars | Planetary Science, Space Exploration – Sci-News.com

The Atmospheric Chemistry Suite (ACS) aboard ESAs ExoMars Trace Gas Orbiter (TGO) has spotted never-before-seen spectral signatures of ozone and carbon dioxide in the Martian atmosphere.

ESAs ExoMars Trace Gas Orbiter at Mars. Image credit: D. Ducros / ESA.

The atmosphere of Mars is dominated by carbon dioxide, which scientists observe to gauge temperatures, track seasons, explore air circulation, and more.

Ozone, which forms a layer in the upper atmosphere on both Mars and Earth, helps to keep atmospheric chemistry stable.

Both carbon dioxide and ozone have been seen at Mars by spacecraft such as ESAs Mars Express, but the exquisite sensitivity of the ACS instrument was able to reveal new details about how these gases interact with light.

These features are both puzzling and surprising, said Dr. Kevin Olsen, a researcher at the University of Oxford.

They lie over the exact wavelength range where we expected to see the strongest signs of methane.

Before this discovery, the carbon dioxide feature was completely unknown, and this is the first time ozone on Mars has been identified in this part of the infrared wavelength range.

This graph shows an example of the measurements made by the Atmospheric Chemistry Suite (ACS) on ESAs ExoMars Trace Gas Orbiter, featuring the spectral signatures of carbon dioxide (CO2) and ozone (O3). The bottom panel shows the data (blue) and a best-fit model (orange). The top panel shows the modeled contributions from a variety of different gases for this spectral range. The deepest lines come from water vapor (light blue). The strongest O3 feature (green) is on the right, and distinct CO2 lines (gray) appear on the left. The locations of strong methane features (orange) are also shown in the modeled contributions, though methane is not observed in the TGO data. Image credit: Olsen et al, doi: 10.1051/0004-6361/202038125.

One of the key objectives of TGO is to explore methane. While also generated by geological processes, most of the methane on Earth is produced by life, from bacteria to livestock and human activity.

Detecting methane on other planets is therefore hugely exciting. This is especially true given that the gas is known to break down in around 400 years, meaning that any methane present must have been produced or released in the relatively recent past.

Discovering an unforeseen carbon dioxide signature where we hunt for methane is significant, said Dr. Alexander Trokhimovskiy, a scientist at the Space Research Institute.

This signature could not be accounted for before, and may therefore have played a role in detections of small amounts of methane at Mars.

The new findings enable us to build a fuller understanding of our planetary neighbor, he added.

Ozone and carbon dioxide are important in Mars atmosphere. By not accounting for these gases properly, we run the risk of mischaracterizing the phenomena or properties we see.

Mars is about half the size of Earth by diameter and has a much thinner atmosphere, with an atmospheric volume less than 1% of Earths. The atmospheric composition is also significantly different: primarily carbon dioxide-based, while Earths is rich in nitrogen and oxygen. The atmosphere has evolved: evidence on the surface suggests that Mars was once much warmer and wetter. Understanding if life could have ever existed in such conditions is one of the hot topics of Mars exploration. The ExoMars Trace Gas Orbiter is capable of sniffing out the composition of the planets trace gases, which make up less than 1% by volume of a planets atmosphere, in minute amounts. Although making up a very small amount of the overall atmospheric inventory, methane in particular holds key clues to the planets current state of activity. On Earth, living organisms release much of the planets methane. It is also the main component of naturally occurring hydrocarbon gas reservoirs, and a contribution is also provided by volcanic and hydrothermal activity. Because of the key role natural biology plays in Earths methane production, confirming the existence of methane on Mars, and distinguishing between its potential sources, is a top priority of the ExoMars Trace Gas Orbiter. Image credit: ESA.

Additionally, the surprising discovery of the new carbon dioxide band at Mars, never before observed in the lab, provides exciting insight for those studying how molecules interact both with one another and with light and searching for the unique chemical fingerprints of these interactions in space.

Together, these two studies take a significant step towards revealing the true characteristics of Mars: towards a new level of accuracy and understanding, Dr. Trokhimovskiy said.

The results were published in two papers in the journal Astronomy & Astrophysics.

_____

K.S. Olsen et al. 2020. First detection of ozone in the mid-infrared at Mars: implications for methane detection. A&A 639, A141; doi: 10.1051/0004-6361/202038125

A. Trokhimovskiy et al. 2020. First observation of the magnetic dipole CO2 absorption band at 3.3 m in the atmosphere of Mars by the ExoMars Trace Gas Orbiter ACS instrument. A&A 639, A142; doi: 10.1051/0004-6361/202038134

This article is based on a press-release provided by the European Space Agency.

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ESA's Trace Gas Orbiter Detects Ozone and Carbon Dioxide in Atmosphere of Mars | Planetary Science, Space Exploration - Sci-News.com

Future Growth Of Nootropics Market By New Business Developments, Innovations, And Top Companies Forecast To 2025 – CueReport

The research report on Nootropics market provides an in-depth assessment of the production and consumption patterns of this business sphere. The document elaborates on major aspects such as growth drivers, potential growth opportunities, as well as challenges and limitations are that likely to influence the market expansion. It also includes Porters five forces analysis to assess the competitive dynamics of this business space.

Further, it encompasses the business strategies with a great profit potential. In addition, the study highlights the changes in the industry in the view of the COVID-19 pandemic.

Request Sample Copy of this Report @ https://www.cuereport.com/request-sample/24272

A summary of the table of contents of the report:

Request Sample Copy of this Report @ https://www.cuereport.com/request-sample/24272

Additional information from the Nootropics market report:

Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.

Market segmentation

The Nootropics market is split by Type and by Application. For the period 2021-2026, the growth among segments provides accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Research Objective:

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The research process begins with internal and external sources to obtain qualitative and quantitative information related to the Nootropics market. It also provides an overview and forecast for the Nootropics market based on all the segmentation provided for the global region. The predictions highlighted in the Nootropics market share report have been derived using verified research procedures and assumptions. By doing so, the research report serves as a repository of analysis and information for every component of the Nootropics market.

Request Customization on This Report @ https://www.cuereport.com/request-for-customization/24272

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Man Utd in transfer ‘poker game’ for winger that could save Ed Woodward 55m – Express

Meanwhile, former Red Devils midfielder Paul Ince thinks Sanchez could be a "totally different player" at Manchester United next season.

I wouldnt rule out Sanchez going back to United and being a key part of their team next season, Ince told Paddy Power.

Football is a funny old game. Ive been in the situation as a manager where Ive thought, right, Im going to get rid of him and him but when it comes to it you cant get the deal done, so they stay at the club.

Then pre-season comes around and theyre a totally different player to the season before, and theyre your key man the next season.

So Sanchez could definitely go back to United, look fantastic in training, and bang suddenly hes important to their plans after all."

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Man Utd in transfer 'poker game' for winger that could save Ed Woodward 55m - Express

Laughter really is the best medicine – Red Bluff Daily News

I missed it again. So did the rest of America.

July 1s unofficial International Joke Day came and went without fanfare.

Thats regrettable, because we could all use a good belly laugh right now which gave me an idea.

The other day, after hearing more doom-and-gloom news while driving, I said to the Apple CarPlay app on my trucks stereo, Hey, Siri, tell me a joke.

Siri, Apples voice-activated digital assistant, replied, My cat ate a ball of yarn. She gave birth to mittens.

Thats an awfully corny joke but I laughed so hard, I accidentally steered my truck onto some roadside gravel.

When you laugh like that, its impossible to be angry or to dwell on whatever personal or business challenge may hang over your head

A belly laugh is an antidote to the self-seriousness thats one of the greatest afflictions of modern times.And with a pandemic killing thousands and crippling the economy, plus protests and social unrest, we need belly laughs more than ever.One psychologist suggests practicing laughing with a friendbecause utter seriousness can drive us to despair.

Social media gives everyone a platform to share thoughts, which is good. But some self-serious people get awfully huffy with others who disagree with or challenge their thinking. Theyre so serious and so certain that those who disagree with them are wrong, even evil, that they demonize their detractors.

They dont try to converse, debate or understand differing viewpoints. OK, boomer and OK, Karen memes offer cases in point.

Humor and laughter, wonderfully infectious, keep us from falling into the trap of self-seriousness, promoting goodwill, thoughtfulness and civility.Humor is an elixir, a tonic that is good for mind and spirt, says an executive coach.

Laughters power is incredible and that power lasts.

One of my favorite family stories dates to the early 1950s. Freddy, my dads uncle on his mothers side a real character had a neighbor who was among the first in their area to buy a VW Beetle. Behind the neighbors endless boasting about his Beetles terrific gas mileage was conceit essentially, Im smarter than you, which is why Im getting way better gas mileage than you!

Freddy began sneaking next door at night to fill the VWs gas tank. As he did so, his neighbors boasts grew louder and more tiresome the guy was ready to call the Guinness World Records people, as his VW clearly was getting more miles per gallon than any other Beetle on Earth.

After a month, Freddy continued sneaking next door. But now he siphoned gas from the Beetles tank to the point where the neighbor thought his VW was getting worse gas mileage than any other Beetle on Earth.

Were still laughing at the braggart neighbor who suddenly stopped bragging.

Theres more evidence of the power of laughter. More than 60 years ago, my mother first heard this joke, which she vividly remembers, and still laughs at:

A lady whod been grocery shopping was walking to her car when she tripped and dropped a paper bag and two eggs fell out of the carton and broke onto the pavement. She was so upset that she started crying. A drunk walked up, surveyed the situation, and told her, Dont worry, lady. It wouldnt have lived anyway. Its eyes are too far apart.

We all need to laugh more. It really is the best medicine for our current ails.

Tom Purcell, author of Misadventures of a 1970s Childhood, a humorous memoir available at amazon.com, is a Pittsburgh Tribune-Review humor columnist. Send comments to Tom at Tom@TomPurcell.com.

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Maintain records of medicine sale – The Hindu

KARUR

Collector T. Anbalagan has directed all 318 pharmacies in the district to maintain records of sale of medicine and drugs for treating fever, cold and cough.

He said the pharmacists should note down details of customers including mobile number while selling medicine.

The Health Inspectors of Karur and Kulithalai municipalities and the respective Block Development Officers should carry out periodic checks at pharmacies whether they were properly following the direction. They should send a report daily through their heads to him so as to take COVID-19 preventive steps, he said.

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Cases of COVID-19 still climbing in Burke – Morganton News Herald

Positive cases of COVID-19 continue to climb in Burke County with 22 new cases.

The Burke County Health Department reported 1,557 positive cases Wednesday, up from 1,535 cases Tuesday. The Burke County COVID-19 dashboard shows that 1,164 of the positive cases have recovered and eight residents are hospitalized. The county has previously reported 26 deaths associated with the virus.

Health Department Director Rebecca McLeod continues to remind residents to practice the three W's when in public: wear a cloth face covering when out and unable to physically distance from others; wait at least 6 feet from others; and wash hands frequently with soap and water or use hand sanitizer.

McLeod said it also is imperative for those testing positive to stay home until their isolation time has been completed and those who are sick to stay home until symptom-free.

The Health Department will hold adrive-thru COVID-19 testing clinic from 1-4 p.m Sunday at the Jonas Ridge Fire Department in the Jonas Ridge community of Burke County.

The test is free, but people should bring their insurance card, the Health Department says. The department says its preferred for those wanting a test to pre-register by calling 828-764-9168, but drop-ins are welcome. Pre-registration is so officials will know how many staffers and how much supplies will be needed. People wanting a test dont have to be a Burke County resident.

On Tuesday, Dr. Mandy Cohen, secretary of N.C. Department of Health and Human Services, said she expects the state will be done with testing at nursing homes and nursing care facilities statewide by the end of this week or early next week.

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Cases of COVID-19 still climbing in Burke - Morganton News Herald

Earle Chambers, Ph.D., MPH, Appointed Director of Research in Department of Family and Social Medicine at Einstein and Montefiore – PRNewswire

"As a department, we continue to place health equity front and center, and it's my goal to have our research agenda reflect that," said Dr. Chambers, who began his career at Einstein and Montefiore in 2007. "There's an understanding that if we are going to value all lives, then we need to address the social determinants that put extra burden on the most vulnerable in our population to achieve overall health and wellness, and so we need to do more."

The COVID-19 pandemic has highlighted societal inequities that have led to a disproportionate rate of infections and deaths among minority populations, Dr. Chambers noted. Many people of lower-income and people of color were deemed essential in the pandemic but faced challenges with safe transportation, overcrowded housing that did not allow for social distancing, and lack of proper personal protective equipment. Yet, even without a pandemic, food insecurity, lack of access to care, structural racism, and other factors lead to poor health.

"Are we trying to close racial and ethnic disparities that lead to those adverse health outcomes? Are we asking research questions that speak to closing those gaps? How do we support investigators interested in those questions?" Dr. Chambers asked. "One of the things I want to do is lead the development of a health equity research lab, which would provide dedicated resources at Einstein to support interdisciplinary studies of social determinants of health and the inequities that result in harmful outcomes for some people."

Dr. Chambers also said he would like to help build a diverse pipeline of investigators, including medical students, residents, and fellows, to explore health equity research questions.

"I'm very happy to appoint Dr. Chambers to this position. He has been a productive member of our research faculty since 2007 and has collaborated widely with other investigators at Montefiore-Einstein," said Peter Selwyn, M.D., M.P.H., chair of family and social medicine and professor of medicine, of epidemiology & population health, and of psychiatry and behavioral sciences. "In addition to conducting important original research, he is a valued and sought-after teacher and mentor. I know Earle will do an outstanding job, and will help expand our research efforts in social determinants and health equity in the Bronx and beyond."

Dr. Chambers earned his B.S. in biology from Duke University, his master's in public health from the University of Illinois at Chicago School of Public Health, and his Ph.D. in epidemiology with a concentration on chronic disease from the University of Pittsburgh Graduate School of Public Health. He completed his postdoctoral fellowship at the New York Obesity Research Center (now the New York Obesity Nutrition Center), at Columbia University College of Physicians and Surgeons, before joining the Einstein faculty. He has received grants from the National Institutes of Health, the Robert Wood Johnson Foundation, and the John D. and Catherine T. MacArthur Foundation for studies on how social determinants of health, such as housing and neighborhood conditions, affect behaviors and health outcomes for patients, both as individuals and as part of larger communities.

About Albert Einstein College of MedicineAlbert Einstein College of Medicineis one of the nation's premier centers for research, medical education and clinical investigation. During the 2019-20 academic year, Einstein is home to 724 M.D.students, 158 Ph.D. students, 106 students in the combined M.D./Ph.D. program, and 265 postdoctoral research fellows. The College of Medicine has more than 1,800 full-time faculty members located on the main campus and at its clinical affiliates. In 2019, Einstein received more than $178 million in awards from the National Institutes of Health (NIH). This includes the funding of major research centersat Einstein in aging, intellectual development disorders, diabetes, cancer, clinical and translational research, liver disease, and AIDS. Other areas where the College of Medicine is concentrating its efforts include developmental brain research, neuroscience, cardiac disease, and initiatives to reduce and eliminate ethnic and racial health disparities. Its partnership with Montefiore, the University Hospital and academic medical center for Einstein, advances clinical and translational research to accelerate the pace at which new discoveries become the treatments and therapies that benefit patients. Einstein runs one of the largest residency and fellowship training programs in the medical and dental professions in the United States through Montefiore and an affiliation network involving hospitals and medical centers in the Bronx, Brooklyn and on Long Island. For more information, please visit http://www.einstein.yu.edu, read our blog, followus on Twitter, like us on Facebook,and view us on YouTube.

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Earle Chambers, Ph.D., MPH, Appointed Director of Research in Department of Family and Social Medicine at Einstein and Montefiore - PRNewswire

Cruises Are Back Whether the World Is Ready or Not – InsideHook

Mein Schiff 2 leaving port on July 24, 2020.

Daniel Bockwoldt/picture alliance via Getty Images

No, Mein Schiff isnt Donald Trumps nickname for the California congressman. Its the name of a TUI Cruises ship that sailed from Germany on July 24 for the first trip of its kind in the country since COVID-19 shutdowns. Thats right, cruises are officially back.

While the CDC is currently imposing a No Sail Order for cruise ships through the end of September in the U.S. as the vessels offered some of the worst conditions for spreading the coronavirus Germany and other countries that have a better handle on the COVID spread are looking to reopen the industry.

In order for Mein Schiff 2, which translates to My Ship 2, to sail out of Germany last Friday for an admittedly short three-day cruise, USA Today reported that health questionnaires were filled out and temperature checks were conducted for all passengers. Additionally, only 1,200 passengers were allowed compared to the 2,900-person capacity, social distancing and mask guidelines were enforced, and while common sense seems to suggest buffets should have been eliminated, the ship simply altered the ever-popular cruise meal of choice by not allowing guests to serve themselves.

Mein Schiff 2s return voyage was a test run of sorts, both for TUI Cruises and others in the industry watching the results.

We are taking a measured approach with a few initial ships within our AIDA line in Germany, Carnival Corp. spokesperson Roger Frizzell told USA Today. We have been leveraging medical and science advisors, but this will helps [sic] us gain additional insight with the initial protocols being put in place.

If youre one of the thousands of Americans looking to risk life and lung on a cruise ship, it looks like youll have to head out of the country for the immediate future that is, if theyre even accepting Americans.

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Marathon and Race Walk Olympic Qualification Can Begin in September – The New York Times

(Reuters) - Olympic qualification for the marathon and road race walk events can re-start from Sept. 1, three months earlier than previously announced, the sport's governing body World Athletics ruled on Tuesday.

However, qualifying for all other track and field events at next year's Tokyo Games would remain suspended until Nov. 30 as originally planned, it said in a statement.

Qualification was put on hold in early April due to the novel coronavirus pandemic which has caused the Games to be postponed for one year until July/August next year.

World Athletics president Sebastian Coe said the change was needed for road athletes due to a lack of qualifying opportunities.

"Most of the major marathons have already been cancelled or postponed for the remainder of this year and the evolution of the pandemic makes it difficult to predict if those scheduled for the first half of next year will be able to go ahead," Coe said.

"That situation, combined with the fact that endurance athletes in the marathon and race walks can only produce a very limited number of high-quality performances a year, would really narrow their qualifying window without this adjustment."

Organisers of the London Marathon, due to take place on Oct. 4, were prepared to help athletes from around the world travel to the event achieve an Olympic qualifying time, World Athletics said.

It was also working with organisers of the Abu Dhabi marathon, scheduled for Dec. 11, to see if they could offer similar opportunities, and hoped there would be at least two race-walking events between September and November.

(Writing by Brian Homewood, editing by Pritha Sarkar)

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Marathon and Race Walk Olympic Qualification Can Begin in September - The New York Times

US and New Zealand Scientists from Orbis Diagnostics Collaborate on COVID-19 Mass Immunity Testing to Enable Quarantine-free International Travel -…

"Until a vaccine is widely distributed there are significant barriers to travel between countries which puts severe stress on economic recovery," says Professor Cather Simpson, an American-New Zealand physicist and chemist at the University of Auckland. "Rapid point-of-need testing for immunity can enable a return to safe and quarantine-free international travel," she adds.

Orbis Diagnostics, co-founded by Professor Simpson and Professor David Williams, a leading authority in electrochemistry and chemical sensors, has brought together an international team with significant depth in novel diagnostic development and deployment. Professor Williams, as Chief Scientist, led the development of Alere's globally leading Clearblue digital pregnancy and ovulation rapid strip tests and the first at-home fingerpick cardiac biomarker test.

The Orbis-designed platform will provide simultaneous and quantitative testing for large groups of peopleto deliver medical laboratory ELISA (enzyme-linked immunoassay)precision results in as few as 5-15 minutes. A small finger prick of blood is drawn from each traveler for on-the-spot testing. The goal is for COVID-immune individuals to bypass mandatory quarantine, with results authenticated to passports by identifying who is safe to travel without risk to themselves or others. The Orbis equipment is an automated centrifugal microfluidic system the size of a desktop printer. It can be deployed at entry points to key facilities such as airports, hospitals, and other locations critical to national and community infrastructure, and will provide a robust, portable, accurate immunoassay process. In addition, it was designed to be operated by non-technically qualified staff to allow its widespread deployment.

The WHO has expressed concern that the current rapid strip antibody tests are not able to reveal the extent of a person's immunity, because they only assess the presence of antibodies but do not quantify their levels. Quantitative determination of antibody levels is essential for assessing degree of immunity for an individual. Though accurate testing can be conducted in a medical lab, doing so is time consuming, expensive, requires experienced technicians, and is not scalable for use at locations such as airports, where timely mass testing is required. Furthermore, standards and methods can differ significantly from country to country

Orbis is seeking US$10 million to adapt its platform system for the quantitative detection of the COVID-19 virus and antibodies produced after infection, to productize its system, to conduct clinical studies and begin deployment. The system is expected to commence commercial manufacturing within 12 months.

The Orbis Diagnostics team has been joined by NYC-based Dr. Allan Goldberg who will serve as a Board member. He is a biotechnology CEO and entrepreneur, who is experienced in the foundation, management, financing, governance, and sale of start-up companies. Dr. Goldberg was a professor of virology at The Rockefeller University where his lab focused on viral oncology.

The scientific and management teams have been brought together by Pacific Channel, an early-stage investment and development firm focused on building successful deep-tech ventures from New Zealand. Pacific Channel is chaired by La Jolla, C.A.-based Dr. Gary Pace, an experienced serial entrepreneur in large-scale life sciences ventures in Australia, New Zealand, and the USA.

Orbis is working with D&K Engineering, a San Diego-based global leader in the development of products and instruments that have a high innovation content and complex manufacturing requirements, to productize and manufacture its system. Biometric companies which operate at airport gates throughout the world are informing Orbis on design and deployment requirements.

The Orbis team draws strongly from New Zealand's world-leading agritech industry to apply expertise to the COVID-19 recovery efforts. Professor Simpson led Pacific Channel's microfluidics and photonics company Engender Technologies that successfully developed a microfluidic cell sorting livestock technology that was sold in late 2018 for a significant return to its investors. In addition to his pioneering work at Alere, Professor Williams has experience developing robust diagnostic methods and equipment for measuring the health of cow herds during milking. "The sample collection process is time-sensitive, and is carried out in a difficult environment requiring minimal intervention and the need for fast and highly accurate results similar to the conditions in airports during a pandemic."

The tourism industry contributes approximately 10.3% of global gross domestic product and generates roughly one in fourof the world's new jobs during the past five years, according to World Travel and Tourism Council (WTTC), which represents private companies in the industry. An analysis by WTTC stated that the sudden halt in global travel due to the pandemic could result in more than 100 million job losses this year and an estimated $2.7 trillion decline in travel and tourism GDP in 2020.

"We all hope that vaccines are the long-term solution, however the first vaccines may only protect half of those who receive it, and for only 12 months," says Orbis CEO Brent Ogilvie, who also is managing partner of Pacific Channel. "Enabling freedom of movement is key to economic recovery, and we believe that the Orbis immunity testing platform can provide a solution for travel dependent industries desperate for a return to viability. Our platform system combines the accuracy, quantification, and robust repeatability of a medical laboratory with the speed and portability of a rapid test strip."

Brent Ogilvie added, "As an investor looking to create lasting impact, a key advantage of Orbis is the ease by which the system can be readily adapted to quantitatively measure the presence of the SARS-CoV-2 family of viruses, and in anticipation of further viral outbreaks, the presence of virtually any other virus and the antibodies it induces following infection."

Contact: Martin Elder Mobile 646-645-7108 Media Relations Director, SweeneyVesty New York [emailprotected]

SOURCE Orbis Diagnostics

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US and New Zealand Scientists from Orbis Diagnostics Collaborate on COVID-19 Mass Immunity Testing to Enable Quarantine-free International Travel -...

Aeolian Islands Travel Guide: Everything You Need To See And Do – Forbes

The Aeolian Islands are a UNESCO World Heritage Site located in northeastern Sicily.

Note: At the time of publishing, American travelers are not permitted to visit Italy and given the global health crisis, international travel is not currently advised. This piece is intended to serve as inspiration (and armchair travel) while we wait for the situation to improvefor more information, please consult the US Department of State for the latest travel advisories.

The Aeolian Islands, located off the coast of northeastern Sicily, are one of southern Italys greatest natural and cultural treasures. Formed by volcanic eruptions over time, the archipelago is made up of seven islands Lipari, Vulcano, Salina, Panarea, Stromboli, Filicudi and Alicudi each one with its own identity. Youll need at least two weeks to explore all seven islands but if youre short on time, heres an itinerary for a week with highlights of what to see, do and eat on four islands.

A view of Lipari town from Marina Corta.

Lipari

Lipari is the largest island in the archipelago and a good place to begin your trip. From scenic hiking paths and pebbled beaches to museums and a vibrant port, Lipari offers something for everyone. The island first attracted settlers thanks to its natural resources, including obsidian rock and pumice stone, so dont miss the chance to pay homage to Liparis geological heritage with a walk through the white-washed Cave di Pomice, a dramatic canyon made up of pumice stone.

The island is also home to an archeological museum that helps retrace the archipelagos importance as a trade route throughout history. Set within a historic fort above town, the museum houses hundreds of ancient amphorae and the worlds largest collection of miniature Greek masks. Nearby, you can pick up Aeolian-inspired gifts at the La Casa Eoliana, including jewelry, accessories and organic bath products.

The "Faraglioni di Lipari" are rocks formations located off the coast of Lipari.

High up in the hills of Quattropiani, Sangre Rojo serves some of the best food on the island in a terraced home overlooking the coastline: some stand-outs include pistachio-crusted tuna with red onions and eggplant rolls stuffed with spaghetti. Further south, Le Macine is a cozy trattoria that doubles as a quirky museum filled with historic farm supplies. Everything is made with locally milled wheat, including the restaurants specialty Maccheroni alle Macine with vegetable pesto and seasoned breadcrumbs. After dinner, stroll through Liparis elegant Marina Corta port and enjoy a nightcap in the romantic Giardino di Lipari cocktail bar set in a pretty garden.

The best way to enjoy the island is by land and sea. Rent a scooter with Pit Stop Noleggio and take a boat ride with Lipari Boat Experience the sunset tour of Liparis faraglioni makes for an unforgettable and romantic evening.

You can hike up to the Gran Cratere on the island of Vulcano.

Vulcano

Named after the Roman god of fire, Vulcan, the island of Vulcano is impressive for its dramatic craters with fuming fumaroles, which emit sulphurous gases. Vulcano is a popular destination thanks to its therapeutic mud baths and black sand beaches. With a tropical vibe and a bustling restaurant, Asino Beach is a great place to spend a day relaxing in the sun while enjoying a freshly baked schiacciata pizza stuffed with ingredients like mozzarella, capers and anchovies.

A volcano crater with fumaroles on the island of Vulcano.

Get up early to hike up to the Gran Cratere before the summer heat rolls in or take a taxi tour around the island with Taxi Santi to learn about Vulcanos history and enjoy its panoramic views. Vulcano is particularly stunning from the water thanks to its rocky formations and numerous coves and a boat ride with Tutta La Vita ensures youll sail in style. For a stand-out meal, head over to the Therasia Resort for Michelin-starred dining at Il Cappero or opt for a gourmet, vegetarian-style picnic dinner at the hotels creative I Tenerumi restaurant.

The quaint fishing village of Rinella on the "green island" of Salina.

Salina

With two twin peaks, verdant valleys and charming towns, Salina is considered by many to be the prettiest island in the archipelago. It is known as the Isola Verde (the green island) and boasts a number of vineyards that produce sweet Malvasia dessert wine. Hike up to Fossa delle Felci, a natural preserve set within an extinct volcano, for fantastic views of the island and nearby Panarea and Stromboli on the horizon.

The Bay of Pollara on the island of Salina is filled with interesting geological formations and sea ... [+] life.

You should also rent a scooter to reach the crescent-shaped bay of Pollara, one of the film locations for the 1994 romantic comedy Il Postino (The Postman). Dont miss an aperitivo and dinner at La Locanda del Postino, named for the film, while watching the sun set over the bay. Be sure to explore the island on a private boat tour with Blu Salina: Antonello, an Aeolian seafarer, captains the boat while his partner Elena, an archeologist, shares cultural insights on the island. If youre lucky, you might even spot dolphins during your ride.

If youre craving pizza, Franco Manca serves the best Neapolitan-style pies on the island, while next-door Da Alfredo makes excellent granita try specialties like gelsi (mulberry) and prickly pear. For a gourmet experience in a soulful setting, treat yourself at Ristorante Signum, helmed by Martina Caruso, one of Italys most notable young Michelin-starred chefs.

Stromboli

A view of Stromboli, an island with Europe's most active volcano.

Stromboli, home to an active volcano which erupts every 20-30 minutes, is a truly unique destination. The island features black sand beaches, bright white homes and an impressive Sciara del Fuoco a steep slope where lava descends from the crater. You can only admire it from the sea, so take a boat tour with Chez Peulo for a glimpse of this major tourist attraction before sailing over to Strombolicchio, a picturesque sea stack. Youll also venture over to Ginostra, a charming borgo accessible only by sea, followed by a long flight of stairs into town. Only a dozen locals live here but its a popular spot to watch the sunset.

The charming borgo of Ginostra is home to only a handful of residents year-round.

For a scenic lunch in town, grab a table at Bar Ingrid, named after Ingrid Bergmans famous film Stromboli which spurred tourism on the archipelago in the 1950s. Nearby, artist Salvatore Russo creates expressive sculptures with lava stone in his home workshop. In the evening, make your way over to La Marina del Gabbiano, a boho chic spot where you can enjoy a Spritz with your toes in the sand, before making your way over to lOsservatorio to admire Strombolis spectacular eruptions. Set on a panoramic terrace beneath the volcano, you can enjoy local specialties while Mount Stromboli erupts in the distance. Be sure to book ahead and secure a spot in the restaurants shuttle bus so you dont have to make the trek up to dinner on foot.

Mount Stromboli erupts every 20-30 minutes.

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Aeolian Islands Travel Guide: Everything You Need To See And Do - Forbes

Travel South Asia: Indias tourism connectivity with the region – Brookings Institution

Introduction

Tourism is an important metric of a countrys soft power potential, marked by an increase in movement of people and enabling people-to-people connectivity. Over the last two decades, South Asia has emerged as an attractive tourist destination due to its natural and cultural diversity, and price competitiveness.[2] The region is home to tourism-based economies such as Bhutan, Maldives, Nepal, and Sri Lanka that attract high spending per traveller.[3] In 2019, the World Economic Forums Travel and Tourism Competitiveness Index (TTCI) ranked South Asia as the most improved region since 2017.[4] Within this, India has shown the greatest improvement in rank among the top 25% countries, from 40th in 2017 to 34th in 2019.

India accounts for a majority of South Asias travel and tourism gross domestic product (GDP) and has also been the preferred destination for tourists from within the region. In the last decade, India has witnessed an increase in the share of South Asian tourist arrivals. While geographic proximity and cultural affiliations are the underlying factors for high cross-border mobility, the market size and the tourists spending capacity have also played an important role. Additionally, tourist spill-overs from India to the rest of the region contribute significantly to the regional tourism economy.

This policy brief highlights tourism connectivity between India and its neighbours, capturing the tourism trends within South Asia. Given Chinas increasing tourism imports and a growing presence in the region, the brief also offers a comparative analysis of reciprocal tourism trends between South Asia and China.

Methodology

The United Nations World Tourism Organization (UNWTO) defines tourism as the activities of persons traveling to and staying in places outside their usual environment for not more than one consecutive year for leisure, business and other purposes.[5] Along similar lines, the Ministry of Tourism (MoT), Government of India, defines a foreign tourist as a person visiting India on a foreign passport, staying at least twenty-four hours in the country, the purpose of whose journey can be classified under one of the following headings: (a) leisure (recreation, holiday, health, study, religion, and support), and; (b) business, family mission, meeting.[6] The definition extends to transit passengers who stay overnight in India and are counted as tourists.

The data on inbound and outbound flows is from the Ministry of Tourisms India Tourism Statistics Reports and the United Nations World Tourism Organizations (UNWTO) e-library. The inbound statistics used in Figures 1 and 2 are equivalent to outbound tourism data from each neighbouring country to India. Qualitative inputs were collected through informal interviews with officials from the Ministry of Tourism and the Bureau of Immigration in India to understand the data collection methodology and various steps taken to promote tourism.

It should be noted that the Ministry of Tourism changed its methodology in 2014, standardising it with the UNWTO methodology, and added Non-Resident Indians (NRIs) to the Foreign Tourist Arrivals (FTA) category, which together formed the International Tourist Arrivals (ITA).[7] For the purpose of analysis and standardisation of data with the preceding years, Figures 1, 2 and 5 only focus on the FTAs. The mode of arrival data in Figure 4 is from the India Tourism Statistics reports, published annually between 2010 and 2019 by the Ministry of Tourism.

This policy brief covers tourism data between India and seven of its neighbouring countries: Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, Pakistan, and Sri Lanka, which are collectively referred to as South Asia or N7.

Growing share of tourist arrivals from South Asia to India

Figure 1

While India declared tourism as an industry in 1982, it adopted the National Tourism Policy two decades later in 2002.[8] Supporting this, the Ministry of Tourism launched the Incredible India campaign in 2002 targeting increased tourist inflows. The impact of these developments is seen since 2003, when India started witnessing a linear growth in the total number of foreign tourist arrivals (FTAs) (Figure 1). Despite this, Indias share of global tourist arrivals remains abysmally low at 1.2% (2018).[9]

However, India is growing as an attractive tourist destination for travellers from the South Asian region. Tourists from the neighbourhood account for roughly a third of the total FTAs (Figure 1) in India. In 2018, South Asia accounted for the highest percentage share of tourist arrivals (29%) among all the regions, followed by Western Europe (21%).[10]

From 2003 to 2013, the share of South Asian tourist arrivals dipped from 23.8% to 16.9%. This declining trend registered a shift in 2014, when the share increased for the first time in more than ten years, to 21.6%. Between 2003-2013, the cumulative annual growth rate (CAGR) of total FTAs was 10%, which increased to 22% between 2013-17. Much of this shift is attributed to the rise in the number of Bangladeshi tourists.

How tweaking rules can have a big impact: The case of Bangladesh

Figure 2

A country-wise breakdown of FTAs in India (Figure 2) reveals that the top four South Asian countries for inbound foreign tourists are Bangladesh, Sri Lanka, Nepal, and Afghanistan.

For years, Bangladesh has featured in Indias list of top ten tourist source countries due to its proximity and cultural linkages. However, figure 2 shows that there has been a sudden surge in the number of Bangladeshi tourist arrivals from 2014. Between 2003-2014, the growth of Bangladeshi tourist arrivals was 1%, whereas, in 2014, the arrival of Bangladeshi tourists to India increased by 80%. Since then, the number been growing at an average annual rate of 40%. In 2018, one in every four tourists from South Asia arriving in India was from Bangladesh.

A possible explanation for this upward trend could be the liberalisation of Revised Travel Arrangement (RTA) between India and Bangladesh in 2013 and 2018. The 2013 revision brought certain changes to the provisions of the 1972 Agreement on Passport and Visa System, to remove difficulties faced by the nationals of either country in obtaining a visa.[11] Some key revisions include extending the short-term visa on medical grounds for a year, allowing up to three accompanying attendants and similar extension facility, and relaxation in the issuance of multiple-entry permits. India and Bangladesh further liberalised the RTA in 2018, to include longer employment time, student visas and five-year multiple-entry permit for the elderly and freedom fighters. [12]

In 2013 and 2018, India liberalised the Revised Travel Arrangement with Bangladesh, resulting in an average 40% year-on-year growth of tourist arrivals.

Interviews with stakeholders revealed that as a result of ease of obtaining a visa, several informal cross-border movements have been converted to formal movements. This can be exemplified by tracking movement through the formal border-crossings such as the Integrated Check Posts (ICPs) or Land Customs Stations (LCS). For example, the total incoming and outgoing passenger movement from ICP Agartala increased by 51% in 2014-15 over the previous year, and movement through Petrapole has doubled in the last five years (2014-2019).[13] The increase in registered movements also reflects the efficiency of border infrastructure, including digitisation of immigration processes.

A detailed 2018 survey on Study on Visits of Nationals of Bangladesh in India by the Indian Institute of Tourism & Travel Management (IITTM), reveals the profile, purpose and expenditure pattern of tourists and visitors from Bangladesh.[14] It found that while a majority of the tourists visited India for religious and leisure purpose 37% and 26% respectively about 14% of Bangladeshi nationals visited India for medical treatment.

Owing to the cumbersome procedure or inability to obtain a medical visa, some of them were found to have entered India through regular tourist visas. Some Bangladeshi tourists were also repeat visitors to India, with about 24% visiting India six times or more for different purposes. Furthermore, the affordability of India is an important factor for Bangladeshi tourists. The survey shows that the majority of Bangladeshi tourists spend approximately INR 8,000 (approx. USD 115) on a 5-9 day visit to India, with many dependent on public buses for transportation within India.

In the last two years, India also focused on improving visa application processes, which could further explain the rise in Bangladeshi tourist arrivals. In 2018, India inaugurated a new integrated state-of-the-art Indian Visa Application Centre (IVAC) in Dhaka its largest visa centre in the world. Additionally, the Indian High Commissioner to Bangladesh also announced the withdrawal of the appointment system for submission of visa applications.[15]

Visa barriers to regional tourism

Indias bilateral visa policies and the resultant degree of ease of access for tourists have an instrumental bearing on the number of FTAs. Within South Asia, agreements with Nepal and Bhutan exempt all nationals of these countries from requiring a visa to travel to India and vice-versa, with only minimal exceptions. Similarly, Maldivian nationals travelling to India for tourism do not need a prior visa if their period of stay in India is less than 90 days in the preceding six months.

We developed an openness index, tracking the ease of access to visas for nationals from South Asian countries seeking to travel to other countries in the region (Figure 3). The index shows that Bhutan, Maldives, and Sri Lanka have the most open tourist visa policies towards citizens of the other South Asian countries. India ranks fifth in travel openness towards South Asia, with only three countries (Nepal, Bhutan and Maldives), eligible for visa-free travel to India. By contrast, Sri Lanka offers visa-on-arrival or e-Travel Authorisation to all South Asian countries and maintains an open border with the Maldives.

Figure 3

Transportation matters: Mode of arrival

Figure 4

The mode of arrival data in figure 4 is derived from the record of all passports stamped by the Bureau of Immigration at recognised ports of entry. Qualitative inputs reveal that not all land border arrivals from Nepal are stamped, as seen in figure 3, where the majority of the reported arrivals from countries sharing a land border with India, such as Nepal and Bhutan, are via air. Informal crossings are also frequent, especially on the India-Nepal border. Furthermore, it is interesting to note that the number of road arrivals from Sri Lanka to India has been increasing. This is possibly due to religious tourism along the Buddhist circuit, with Sri Lankan citizens crossing overland into India after visiting Nepal.

Apart from serving as an indicator of the possible rise in the income profile of Indias inbound tourists from South Asia with more tourists opting for air travel the data may also reflect improvement of Indias infrastructural connectivity with its South Asian neighbours. In the last few years, there has been an increase in investments on cross-border connectivity infrastructure such as Integrated Check Posts (ICPs), airports and sea connectivity. In January 2020, for example, India and Nepal inaugurated the ICP at Jogbani-Biratnagar to facilitate trade and peoples movement. This is the second ICP on the India-Nepal border the first one was built at Raxaul-Birgunj in 2018.[16]

Additionally, in 2018 India and Nepal agreed to open four new cross-border air routes connecting the provinces of Nepal directly to India and Bangladesh.[17] India and Sri Lanka also expanded flight connectivity with the resumption of flights to Jaffna from Chennai after more than four decades. Interestingly, to support such air connectivity, the Ministry of Civil Aviation, India, waived the 5/20 rule, requiring five years of experience and a minimum of 20 flights for an airline to operate international flights.[18] In March 2019, India and Bangladesh commenced a passenger cruise linking Kolkata and Dhaka as part of the Agreements for Enhancing Inland and Coastal Waterways Connectivity. [19]

Ni Hao! South Asia welcomes Chinese tourists

Figure 5:

Tourism is a lucrative source of foreign exchange earnings. As per the World Travel and Tourism Councils (WTTC), the sector contributed US$ 234 Billion or 6.6% to South Asias total GDP in 2019.[20] There was a 4.5% travel and tourism GDP growth vis-a-vis the 5% real GDP growth in the region. While foreign tourist arrivals to the region have increased over the years, there has also been a significant increase in the contribution of tourists from the two largest economies: India and China.

A comparison of Indian and Chinese tourist arrivals in four South Asian countries Bangladesh, Maldives, Nepal and Sri Lanka reveals that while more Indian tourists visit South Asia, the last decade has witnessed an unprecedented rise in the number of Chinese tourists, approximately by 753% (Figure 5). In 2007, few Chinese tourists were visiting South Asia, concentrated mainly in the Maldives and Nepal (42% and 32%, respectively). In the same year, the number of Indian tourists was significantly more in Bangladesh, Nepal, and Sri Lanka (Figure 5).

A decade later, the 2018 figures reflect a rather different reality, with a phenomenal rise in the number of Chinese tourists to the Maldives, Sri Lanka, and Nepal. Between 2007 and 2018, Chinese tourist arrivals rose by 687% in the Maldives, and 462% in Nepal. Sri Lanka registered the highest growth in tourist arrivals from China, from just about ten thousand in 2007 to almost two hundred and sixty thousand in 2018 (a rise of 2486%).

According to the UNWTO and the Chinese Tourism Academy, China has been the worlds largest tourism source market since 2012. The number of outbound travel departures increased from 4.5 million in 2000 to 150 million in 2018, with an average annual double-digit growth of 16%.[21] However, it is reported that the market is still in its infancy. Since only 7% of Chinese citizens currently own a passport, the number of trips could surge to over 400 million by 2030.[22]

This enormous expansion of the Chinese outbound tourism market can be attributed to reasons such as increased air connectivity and a rising middle-class with growing disposable income. Between 1990 and 2016, the number of international air travellers has increased from just one to 52 million.[23] Furthermore, a profile segmentation of Chinese outbound tourists shows that women and millennials (aged between 15-34 years) dominate the market with respectively 53% and 55% of the total outbound tourist share. [24]

Between 2007 and 2018, the number of Chinese tourist arrivals has increased five-fold in Nepal, seven-fold in the Maldives, and twenty-five-fold in Sri Lanka.

Countries in South Asia reportedly gain more from tourism exports to China than India. This is reflected in the average per capita spending capacity of Chinese and Indian tourists in 2018, at approximately US$ 1850 and US$ 960, respectively.[25] In the same year, the total Chinese tourist expenditure amounted to US$ 277 billion, registering a 5% increase from the previous year. By comparison, Indias total international tourist expenditure was US$ 26 billion after a 9% year-on-year increase.[26]

Chinas increasing investments in tourism and allied sectors in South Asia could have possibly led to the rise in Chinese tourist arrivals. For instance, in the Maldives, China has invested significantly in infrastructure, housing, hotels and airlines.[27] In 2011, the Sri Lankan government sold a strategically important site, the Colombo beachfront property, to a Hong-Kong based holding company for USD 125 million.[28] Nepal and China have established direct flights from Kathmandu to Beijing through Himalayan Airlines, a Nepal-China joint venture.[29] Furthermore, Chinas Northwest Civil Aviation Construction Group, with financial assistance from the Asian Development Bank (ADB), is constructing the new Gautam Buddha International Airport.[30] During his 2019 visit to Nepal, Chinas President Xi Jinping noted that Nepal is the first South Asian country to be designated an approved destination for Chinese tourists and that there now are about sixty weekly flights connecting both countries.[31]

Conclusion

India has been the preferred short-haul destination for tourists from its neighbourhood. Tourists visit India not only for leisure and medical reasons, but also use the country for transit to other regions. Bilaterally, there have been improvements in visa policies, for example, the relaxation of the India-Bangladesh visa policy in 2013 and with the Maldives in 2019. However, there are still significant challenges towards promoting free and open intra-regional tourism such as visa-openness, gaps in cross-border infrastructure, etc. China, on the other hand, has been increasing its presence in the region, with a growth of 753% in the last decade (2007-2018). It has also made significant investments in South Asias tourism and hospitality sectors.

Recently, the COVID-19 pandemic has presented unforeseen challenges to global tourism. With geography gaining significance and the importance of shorter distances becoming more pronounced, regional tourism is likely to grow. Governments must thus pivot to focus considerably more attention on regional tourism through investments in infrastructure and services, particularly digitisation to reduce human transactions. India, in particular, will have to leverage the wide range of cultural similarities with its neighbours such as the regional Buddhist trail and pilgrimage, etc. Such a push would also contribute locally through employment and revenue generation from foreign exchange earnings.

Policy Recommendations

Several steps can be taken to ensure a seamless flow of tourists in India and its neighbourhood:

Further Readings

Renton de Alwis, Promoting tourism in South Asia, in Sadiq Ahmed, Saman Kelegama & Ejaz Ghani (Eds.), Promoting economic cooperation in South Asia: Beyond SAFTA, (Washington, DC: The International Bank for Reconstruction and Development/The World Bank, 2010), P. 259276.

Annual Report 201718, Ministry of Tourism, Government of India, http://tourism.gov.in/sites/default/files/annualreports/Annual%20Report2017-18.pdf

Golam Rasul and Prem Manandhar, Prospects and Problems in Promoting Tourism in South Asia: A Regional Perspective, (South Asia Economic Journal, October 1, 2009) Volume: 10 issue: 1, page(s): 187-207, https://journals.sagepub.com/doi/abs/10.1177/139156140901000108?journalCode=saea

Guidelines for Success in the Chinese Outbound Tourism Market, (Spain: UNWTO and China Tourism Academy, 2019), https://www.e-unwto.org/doi/pdf/10.18111/9789284421138

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Applications for the Barbados Welcome Stamp Are Open – Cond Nast Traveler

If you had the chance to travel to Barbados and work by the beach, would you?

Five months ago, working outside the office, even just temporarily, was a pipe dream for most employees. Then the coronavirus pandemic hit. Businesses remain shuttered around the globe to enforce social distancing, and working remotely has become the newand, for some, newly permanentnormal. Once encumbered by long and expensive commutes, employees now find themselves untethered from a traditional workplace, taking Zoom meetings from their living rooms instead. According to Global Workplace Analytics, an estimated 25 to 30 percent of the worlds workforce will be working from home multiple days a week by the end of 2021.

But if theres one takeaway from spending months quarantined at home, its that staring at the same four walls can grow old very quickly. More than ever, telecommuters are dreaming of shaking things up and escaping life for a little while. In fact, Barbados is banking on it.

On July 24, the country opened applications for its new 12-month Barbados Welcome Stampa special visa for remote workers who want to trade home for island life for up to a year at a time.

The visa program comes in direct response to current COVID-19 travel restrictions, in which lengthy, mandated quarantines restrict short-term travel. "[With the Welcome Stamp,] we have a mechanism that allows people who want to take advantage of being in a different part of the world, of the sun, sea, and sand, and a stable society; one that functions well," says Prime Minister Mia Mottley.

And the application to live and work in Barbados for up to a year? It's not that complicated.

To apply, you'll need to submit documents like passport photos and a copy of your birth certificate on the dedicated website, and answer questions about the work that you will be doing on the island. (As a reminder, you can do remote work for your existing company, but can't be employed in Barbados on this visa.) The program is open to anyone with an expected income of at least $50,000 in the next 12 months. If you're considering applying with your spouse or children, you'll have to pay $3,000 for the family bundle and submit the same paperwork mentioned above for them too, otherwise, it'll cost $2,000 if you're applying solo. And you won't have to wait long to find out if you can relocate beachside, as the government says it should take under seven days to get approval for the Welcome Stamp.

The prospect of working from a beach is more than tempting. Being by the ocean has been proven to boost your mood and your healthboth of which can suffer under self-isolation. At the same time, the stamp would also help jump-start the islands economy by bringing in additional tourism dollars for local businesses. Barbados is among the top 20 countries most dependent on travel and tourism as a source of GDP, according to the World Travel and Tourism Council.

Its worth noting that this new opportunity to work remotely has appeal beyond cabin fever. As the Black Lives Matter movement grows across the U.S., Black Americans are increasingly looking to move abroad to escape the institutional racism and discrimination still so persistent in America. It remains to be seen whether Barbados will market this opportunity specifically to Black Americans to capture a portion of their massive spending power, but theres no question that tourism boards play a large role in making travel more accessible and inclusive.

Barbados began welcoming international travelers back on July 12, with JetBlue and American Airlines are resuming commercial flights from the U.S. on July 25 and August 5, respectively.

This article was originally published on July 9, 2020. It has been updated with new information. Additional reporting by Meredith Carey.

We're reporting on how COVID-19 impacts travel on a daily basis. Find all of our coronavirus coverage and travel resources here.

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Applications for the Barbados Welcome Stamp Are Open - Cond Nast Traveler

Edited Transcript of MDLZ.OQ earnings conference call or presentation 28-Jul-20 9:00pm GMT – Yahoo Finance

NORTHFIELD Jul 29, 2020 (Thomson StreetEvents) -- Edited Transcript of Mondelez International Inc earnings conference call or presentation Tuesday, July 28, 2020 at 9:00:00pm GMT

Mondelez International, Inc. - Chairman & CEO

Mondelez International, Inc. - Executive VP & CFO

Mondelez International, Inc. - VP of IR

Sanford C. Bernstein & Co., LLC., Research Division - Senior Analyst

Evercore ISI Institutional Equities, Research Division - Senior MD & Fundamental Research Analyst

* Jason M. English

* Kenneth B. Goldman

Good day, and welcome to the Mondelez International Second Quarter 2020 Earnings Conference Call. Today's call is scheduled to last about 1 hour, including remarks by Mondelez management and the question-and-answer session. (Operator Instructions) I'd now like to hand the call over to Mr. Shep Dunlap, Vice President, Investor Relations for Mondelez. Please go ahead, sir.

Shep Dunlap, Mondelez International, Inc. - VP of IR [2]

Good afternoon, and thanks for joining us. With me today are Dirk Van de Put, our Chairman and CEO; and Luca Zaramella, our CFO. Earlier today, we sent out our press release and presentation slides which are available on our website.

During this call, we'll make forward-looking statements about the company's performance. These statements are based on how we see things today. Actual results may differ materially due to risks and uncertainties. Please refer to the cautionary statements and risk factors contained in our 10-K, 10-Q and 8-K filings for more details on our forward-looking statements.

As we discuss our results today, unless noted as reported, we'll be referencing our non-GAAP financial measures which adjust for certain items included in our GAAP results. In addition, we provide our year-over-year growth on a constant currency basis unless otherwise noted. You can find the comparable GAAP measures and GAAP to non-GAAP reconciliations within our earnings release and at the back of our presentation.

In today's call, Dirk will provide a business update, then Luca will take you through the financials and our outlook. We'll then close with Q&A. With that, I'll now turn the call over to Dirk.

Dirk Van de Put, Mondelez International, Inc. - Chairman & CEO [3]

Thank you, Shep. Let me start off by sharing an overview of our Q2 performance on Slide 4. Overall, we are pleased with our results, our business has been resilient, and our execution has been strong. Our first priority remains the safety and well-being of our colleagues and our communities as we navigate COVID-19. Because there still are areas of high risk, we are preparing the reopening or already have opened some of our offices around the world. And it is clear that the situation will remain volatile for at least the remainder of the year.

Our second priority also remains business continuity. I'm very proud of what our colleagues have and are doing to keep our operations running well. Here also, we need to remain vigilant because with the growing number of cases, the risk of business disruption continues to exist around the world.

Our overall results for Q2 are good. Despite the fact that COVID has impacted various markets in quite different ways. Our portfolio of trusted brands as well as excellent execution have helped us to weather the high volatility reassuring us that our business fundamentals are solid. Particularly our execution in supply chain as well as our commercial operations have been superior in a very challenging environment. For instance, today, approximately 90% of our plants are running in line or above historical performance. Although we had already good market share momentum going into the crisis, this combination of the strength of our brands and our superior execution have helped to drive unprecedented gains.

While the business environment globally remains very volatile, our strategy has proven to be a strength in these difficult circumstances, so we don't see a need to make changes, but we do see opportunities to double down and accelerate certain areas. For instance, due to our current momentum, some overall cost savings and our market share momentum, we are increasing investments in our brands in H2. That virtuous cycle of investment in our brand is an anchor stone of our strategy.

Looking at the second half, we expect to see volatility continuing but we are well positioned for several reasons. Overall snacking tends to be a very resilient category, even in times of recession, meaning we are generally in the right categories. Our brands are some of the most preferred brands in our categories, both local and global. Our geographical footprint is diversified, meaning that while COVID might impact one location, others might be doing better. And finally, our people are responding very well with agility and resilience, and our local-first culture is an advantage in this environment where decision-making needs to be fast and made with the local consumers in mind.

Switching to Slide 5. Despite serious challenges caused by COVID effects on trade channels and consumers, we delivered solid results across the board, giving us confidence for sequential improvement in the second half as well as confidence to maintain the course of the strategy we announced almost 2 years ago. Our revenue growth was 0.7% in Q2 and is 3.7% for the first half. I consider this pretty good given that during the quarter, at one stage or another, every country and many trade channels were in lockdown.

There are parts of our business that have slowed down significantly, such as the gum category, world travel retail, away-from-home and the traditional trade channel in some key emerging markets. At the same time, the grocery business in most of the world is well above normal trend. The combination of these 2 extremes give an almost 1% growth as an average, which we feel good about given the circumstances.

Emerging markets were more affected than developed markets and declined in Q2. The good news is that they showed a sequential improvement during the quarter, and they exited the quarter with growth. We are maintaining or gaining share in markets, representing around 85% of our revenues in year-to-date 2020. This is driven by a number of key reasons. We are seeing consumers turning to brands and products they trust. We have many of these trusted brands around the world. Within our category, there is also a shift to segments that are better fit for at-home consumption. So we are stronger in these segments like tablets versus pralines or bars in chocolate. And our supply chain has kept functioning quite well throughout a shortage of labor or lockdowns providing us with a competitive advantage.

Our adjusted EPS grew 16.1% in Q2 or 8% for the first half. Luca will provide the details, but despite the extra COVID-related costs, our operating income fell only marginally. Thanks to some offsetting cost-containment activities. We generated very strong cash flow. In the first half, free cash flow was $1.1 billion, and we raised our quarterly dividend by 11%.

Transitioning to Slide 6, as mentioned, our long-term strategy does not change. But seeing our current momentum, we are accelerating some initiatives which will allow us to emerge even stronger from this crisis. As it relates to growth strategies, we are planning a significant increase in investments behind working media in the second half, capitalizing on the strength and demand for our brands and built on our increased market share. We are also making adjustment to some of our advertising copy and campaigns to make them more relevant in the current context.

Seeing the fact that the consumer is driven more to our core offerings, it is an ideal moment to simplify our portfolio as well as our innovation pipeline to focus on our value-driving core. So we are removing 25% of SKUs which will simplify our supply chain, reduce our cost and inventories and increase our sales in -- and our customer service. With the consumer probably focusing more on value, we are amplifying and accelerating our efforts on revenue growth management, and we believe there is significant potential to capitalize on the increase in e-commerce, particularly with many first timers buying their groceries online.

In execution, we were always very cost conscious, but we're taking a fresh look at cost opportunities, reducing in areas like travel and office costs. Costs also benefits from a smaller number of projects and initiatives as well as the reduction of our inventory levels. Out of an abundance of caution, we've decided to only invest CapEx this year in essential projects. And we are accelerating a number of key supply chain initiatives which are aimed at improving our efficiency.

Finally, all of these changes are enabled and underpinned by the continued evolution of our culture. Our local-first approach is enabling agile decision-making and adaptation in market. We also see we can evolve the way our people work, helping them with a better balance of life-work. For instance, going forward, we see more people working more time from home.

Some of the changes due to COVID will be permanent. So we're redeploying resources to the areas with the highest return opportunities and areas that will be critical post COVID, as an example, e-commerce.

Now moving to Slide 7. Despite the current volatile and unpredictable environment, we believe ESG is as important as ever, if not more so, and we remain committed to making progress in this space. In terms of social impact, we have now made cash and in-kind donations of more than $25 million related to COVID-19, through product donations but also cash support as actions by brands and teams to donate PPE and other essential items. Our responsibility, the communities we operate in has also been highlighted by the recent attention on the racial justice and equality movement. Without question, there is no place for racism in our company or in our society, and it's critically important that we, along with other companies, show measurable action in helping to redress some of the injustices that exist in our society.

My leadership colleagues and I have spent time listening to our employee resource groups and colleagues across the business. We've heard that colleagues want actions that are sustainable, impactful and generally make a difference. We want to build on our historical efforts in this area, and so we've organized ourselves across 3 pillars: colleagues, culture and communities.

In our supply chain, we continue to advance our work on creating a sustainable supply of critical ingredients. One of the biggest challenges in this space is deforestation, and the result impact -- or the resulting impact on CO2. This quarter, we have launched as part of the Consumer Goods Forum, the Forest Positive Coalition with other CPG companies encouraging our suppliers to be more transparent on the land used to grow our ingredients. And finally, we are on track to meet our 2025 goal of 100% recyclable-ready packaging.

I'm proud of the fact that we've been continuing to work on these critical long-term ESG topics throughout this crisis. And with that, I hand it over to Luca.

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Luca Zaramella, Mondelez International, Inc. - Executive VP & CFO [4]

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Thank you, Dirk, and good afternoon. Second quarter performance was solid in terms of growth, share gains, earnings and cash flow given the circumstances. We delivered positive revenue growth through a combination of resilient categories and superior execution despite facing significant disruptions and operating restrictions from the crisis.

Our developed market continued to perform well, with strength in North America and Europe mass retail, confirming elevated momentum as seen in Q1. Emerging markets were significantly impacted by broad lockdowns, especially during April and into May. Despite this dynamic, we are doing well on a relative basis compared to peers as we are gaining share.

I would like to unpack our top line cadence to give you some context of how we ended the quarter, as that might be more indicative than the pure Q2 number. Prior to COVID, we were seeing strong momentum in both developed and emerging markets, and that was both due to snacks categories, momentum and share gains. Once we move into late March and for the month of April, we saw significant divergence between developed and emerging.

In developed markets, we saw a spike in consumption. And despite some challenges, our ability to operate was still okay. On the flip side, we enforced lockdowns and curfews in emerging markets. We encountered significant operating restrictions. These markets were most impacted in April with double-digit top line declines as high percentage of outlets were inaccessible to consumers and to us. As a result, total revenue declined low single digits in April. As we moved into May, things began to improve. And in June, our emerging market turned positive and posted low single-digit growth. We expect this trend of improving growth to continue into July as the majority of these markets are on better footing. We also expect strong demand in North America and Europe mass retail, albeit not as elevated as in H1, but total company is trending better in July than in Q2.

Turning to Slide 11. You can see that Q2 revenue growth was driven by positive volume and pricing. This comes despite some significant mix headwinds presented by lower revenue from world travel retail and gum. Biscuits is seeing elevated demand and led growth at more than 9%. Chocolate declined slightly, but this includes 3 points of headwinds from world travel retail. In addition, chocolate was also impacted by lockdowns in emerging markets, mostly India. It is worth noting that India was nearly flat in May and posted positive growth in June. Gum and candy declined double digit, primarily driven by gum as it skews towards away-from-home consumption and convenience. This channel has seen significantly reduced traffic during the crisis.

Turning to category and share highlights on Page 12. Consistent execution, preferred brands and our investments in brands and capabilities continue to drive strong share results. Year-to-date, we have held or gained share in 85% of our revenue base, and our overall share is as high as it has ever been. Biscuits and chocolate drove the overall outcome. More specifically, we gained share in the latest 3-month period across a number of our biggest markets including U.S. biscuits, Europe, with U.K. and Russia and France standing out; in EMEA, China and Vietnam biscuits, but also Australia, New Zealand and India chocolate; in Latin America, we saw some improvement in Brazil chocolate and powder beverage share, along with Mexico.

Our categories held up relatively well with the exception of gum. However, it is important to note that year-to-date category growth of 4.5% doesn't reflect unmeasured channels, such as convenience and world travel retail or the lag effect of some emerging market readings.

Now let's review our profitability performance on Slide 13. As expected, our estimated COVID-related costs during the second quarter were more than $100 million, including over time, protective equipment, frontline bonuses, incremental logistics costs and lower cost absorption in emerging markets. Ex this cost, gross profit would have shown solid growth in line with last year's growth rate. In fact, volume leverage in both North America and Europe as well as cost containment efforts across the business enabled us to offset much of this on a gross profit basis as it declined less than $10 million versus previous year.

Operating income declined 3.8% for Q2 due to the decline in gross margin, which was partially offset by lower A&C and higher overhead due to COVID as well as the other line impacted by some legal accruals. We continue to expect COVID-related costs in the second half, however, we believe improved leverage and cost mitigation efforts will more than offset these dynamics as we progress through the second half. Especially in Q4, with Q3 still somewhat impacted.

Moving to regional performance on Slide 14. North America grew 11% driven by strong share gains and elevated biscuit consumption. Our DSD network continued to demonstrate its value in keeping shelf stock and enabling significant share gains. Gum was down double digits. North America operating income increased by more than 20%. North America will continue to grow above the historical rates, but we expect lower growth than Q2 as we move throughout the year.

Europe revenue declined 1.2% in the quarter. Headwinds from world travel retail, which was a drag of 2.5 percentage points as well as gum and the instant consumption channels drove this dynamic. We saw strength and good execution in several key markets, including mass retail which grew high single digits, and in chocolate, where we posted significant share gains in the U.K., in France, in Russia and Benelux. Although we expect continued challenges in world travel retail, we are more constructive on the state of convenience and traditional trade, which are expected to be much less of a headwind in the second half. We saw improved exit rate in June and good growth into July. Overall, we expect EU to return to growth in Q3, unless there is a material COVID relapse.

Adjusted OI dollars declined as a result of significant COVID costs and unfavorable mix. These results should improve as we progress through the second half of the year.

EMEA declined 3.1% with conditions that vary greatly by market. China continued to recover, growing double digits. Southeast Asia grew mid-single digits. India declined double digit due to significant lockdowns and store closures in April and May before it turning to mid single-digit growth in June. As we move into the second half, and based on the dynamics we see today, we are expecting this improvement to continue, unless there are additional shutdowns in key markets.

AMEA operating income dollars declined by approximately 5%, due primarily to lower-than-typical volume leverage and additional coverage-related expenses. AMEA executed well on cost containment actions.

Latin America decreased 11% due to traditional trade disruptions in most of the key markets, while Argentina posted growth due to inflation-driven pricing. Ex Argentina, Latin America declined by 15%. Mexico declined low double digits due to a significant decline in gum and candy. In Brazil, we declined high single digits due to significant disruptions in traditional trade. Our Western Andean countries, which were among the most impacted by COVID, also declined. We did see improving share trends in several notable markets.

Adjusted OI dollars in Latin America declined by 78%, primarily due to headwinds associated with negative mix, under absorption and an accrual for a legal-related matter that accounted for 1/3 of the decline versus previous year. We expect the environment in Latin America to remain challenging in the second half given the restrictions in place in most markets and the impact that those restrictions are having on economic growth. We remain focused on what we can control, which is executing our plans and driving better share performance.

Now turning to earnings per share on Slide 18. Q2 EPS grew 16%. Operating gains in the quarter were impacted by COVID costs, which were north of $100 million which means more than $0.07 impact.

I'll now move on to our free cash flow on Slide 19. We delivered free cash flow of $1.1 billion in the first half. Strong working capital discipline was a big driver as we improved our cash conversion cycle by eight days. We also had deferred tax payment for more than $200 million, which will mostly reverse in the second half as well as lower CapEx and cash restructuring. Our priorities for the remainder of the year stay clear, and we will continue to be disciplined.

I wanted to provide some thoughts on our joint ventures, specifically our participation in the successful IPO of JDE Peet's. Prior to transaction, we exchanged our JV investments for an investment in JDE Peet's. JDE Peet's then went public for EUR 31.50 per share at the end of May. The stock now trades at around EUR 38 per share, which places the value of our stake at approximately $5 billion. This was a great result as it provides more flexibility and a public bar for this financial investment.

Moving to Slide 22. As previously disclosed, due to the COVID pandemic, visibility remains limited at this time in a number of key markets. As a result, we are not providing a full year financial outlook. However, we continue to expect the following for 2020: an effective tax rate in the low to mid-20s; adjusted interest expense of approximately $380 million; and we now expect exchange translation to negatively impact our reported revenue by 3% and EPS by $0.05 based on current market rate. Although we're not providing full year guidance at this time, I wanted to share some thoughts regarding how the second half will play out.

We expect improving conditions in many markets that experienced significant store closures in late Q1 and Q2. In-home consumption is expected to be at elevated levels, which is helpful in developed markets such as North America. And we expect to make critical investments behind our brands to continue to drive momentum on a relative basis. On the flip side, we expect the negative impact to continue in some emerging markets, mostly in Latin America. World travel retail is expected to continue its negative trend. And although there is no way to know exactly how the pandemic will evolve, there will always be a potential for a second wave of shutdowns. In aggregate, we expect positive revenue and the sequential improvement in the third quarter based on what we see through month 1 of Q3.

With that, let's open it up for Q&A.

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Questions and Answers

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Operator [1]

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(Operator Instructions) And your first question is from the line of Ken Goldman with JPMorgan.

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Kenneth B. Goldman, JPMorgan Chase & Co, Research Division - Senior Analyst [2]

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Two for me, if I can. I wanted to first touch on your share gains. Some of these gains, I think, are due to your North America supply chain, which obviously is quite advantaged and some perhaps due to your competitor struggles globally. But you did highlight some brand strength, other positive factors in your prepared remarks. So just as you think about your expectations for market share in the back half of the year, can you walk us through what you think some of the more sustainable drivers are. I'm guessing higher marketing spend is one of them. And maybe what drivers could back off a little bit versus the first half.

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Dirk Van de Put, Mondelez International, Inc. - Chairman & CEO [3]

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Ken. Yes, sure, with pleasure. If I maybe explain where are the share gains happening and then go a little bit into the drivers and then in what we think will happen. First of all, as we said in the presentation, we've gained share in 85% of our revenue base, so it's very broad-based. It is in biscuits. It's in chocolate. It's across the geographies, I would say, almost in every single market around the world and certainly not important markets. We see significant market share increase. For instance, biscuits China, biscuits U.S., biscuits in France, but also chocolate in the U.K., chocolate Australia, chocolate India. And we also see it across smaller categories. So it's very widespread. And on top of it, we see that it's our global and our local brands. It's not just one brand. It's across our brand. And one of the interesting factors that our penetration of our brand is increasing overall, and also that we see some very good repeat of those new users.

So what is the reason? I think fundamentally, during the COVID crisis there, there are 3. First of all, as you alluded to, we have had a very good performing supply chain around to market. You could sort of say that not only in the U.S., but in other markets, we increased our share of the distribution points. Not so much because we increased our distribution, but customer service level and our on-shelf availability was better than our competition. And so for instance, in the U.S. or in other markets around the world, DSD is a key advantage.

The other one is that we usually have sort of the strongest brands in our categories around the world. And consumers have been going back to the brands they know and trust. And so an Oreo, as an example, or a Milka or some of the other local brands that we have, have clear consumer trust. And we see -- that's why we see all of them increasing their share also.

And then within snacking, if you look at it sort of category by category, we are in those segments within the categories that are benefiting from at-home consumption. For instance, tablets in chocolate do better than bars or better than pralines. And in biscuits, it's your more traditional biscuits that is a segment where the consumer is going to.

I would say these are the 3 big drivers. When will they go away? Well, it's difficult to say. Supply chain, I assume that everybody is catching up on their supply chain. Although with what we are seeing in the U.S. and some other places around the world, having your supply chain perform is not as simple as it might sound. I do think that this trend to go to bigger brands and more known brands is here to stay for a while. And then the mix with the in-home consumption, I think that's going to last for a while, too. We are now clearly talking about this change to our lives continuing well into 2021.

I would also like to point out that we have momentum before the crisis. We were already increasing our market share before this started. And so underlying, there is a fundamental share increase that was taking place. I also think the repeat rates of our brands of the new users, that's important to notice. And then I talked about that increase in working media with significant increases in the second half of the year, which should also give a good pull on our brand.

And then I think what we're doing with our business, simplifying everything, eliminating SKUs, going to fewer innovations, all that will give us even more strength in execution. So overall, I'm pretty optimistic. I think that a big part of this market share will stick.

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Kenneth B. Goldman, JPMorgan Chase & Co, Research Division - Senior Analyst [4]

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That's helpful. And then quickly on my follow-up, speaking of the higher marketing spending, you talked about in the third quarter -- I know you're not giving guidance today, but I wanted to poke it a little bit into what you were talking about to make sure I understood. You talked about better revenue into the third quarter, and you've talked about some simplification of the business. But you've also talked about ramping up your marketing spending, like I said. So just trying to get a sense among all these factors and maybe some that I'm missing. Is it reasonable to expect improved operating income in the third quarter as well in addition to better revenue. And the reason I'm asking is The Street's modeling an increase year-on-year in your third quarter EBIT. Is this reasonable given what you know right now? Or is it really just too early to say?

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Luca Zaramella, Mondelez International, Inc. - Executive VP & CFO [5]

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I can maybe -- I'll...

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Dirk Van de Put, Mondelez International, Inc. - Chairman & CEO [6]

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Maybe, Luca, you want to take this one? Yes.

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Luca Zaramella, Mondelez International, Inc. - Executive VP & CFO [7]

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Yes. I'll -- welcome back, Ken. Nice to have you again on the line. Yes. Look, I believe it is a little bit premature to give you a precise number here, but we gave you a few indications in the prepared remarks for Q3 enough to -- simply said, we expect North America to continue with increased momentum. Certainly, we are not going to see as high of a number as we saw in Q2. Having 11% top line was fairly exceptional and 20-plus percent OI. Europe is expected to return to growth overall despite world travel retail. And I would expect, for sure, better profitability and better leverage. Some of the COVID costs will subside. AMEA as well is expected to return to growth in Q2 -- in Q3. And there should be, again, lower COVID cost and better volume outcomes.

Latin America is, quite frankly, expected to meaningfully improve, particularly on the OI line into Q3, but we are not going to see necessarily a positive year-on-year profit. So I would say that overall top line for Mondelez in Q3 is expected to be better than Q2. As we look at July, we see good numbers coming in at this point in time. But obviously, I have to make a disclosure here, which is -- that is absent a material relapse or issue in one of the biggest market or in more than one.

As far as bottom line is concerned, I think there will be a sequential improvement in Q3 from where we see today. Whether it will be all the way to bright, I am not sure as there will still be some COVID-related cost and all the actions we are putting in place actually will come into full fruition in Q4. So you will see some improvements in Q3, but you will see even more in Q4 from what we see today.

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Operator [8]

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And your next question is from the line of Andrew Lazar with Barclays.

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Edited Transcript of MDLZ.OQ earnings conference call or presentation 28-Jul-20 9:00pm GMT - Yahoo Finance

Theft, censorship and the ’emperors of the online economy’: Tech CEOs go on defense – POLITICO

Amazon CEO Jeff Bezos the world's richest man, making his long-awaited first-ever appearance before a congressional hearing faced no questions at all for nearly two hours, before offering an inconclusive answer on whether his company misled Congress about a strategy of undercutting its own third-party merchants.

The virtual testimony comes at a time of rising legal jeopardy for the major tech companies, who are the subject of antitrust and consumer-protection probes in Washington, multiple U.S. states and Europe.

Subcommittee Chairman David Cicilline (D-R.I.) set the tone early, with an opening statement vowing to check the power of the "emperors of the online economy." But so did Ohio Rep. Jim Jordan, the top Republican on the full Judiciary panel, who laid out a long series of alleged slights against conservatives by top social media companies and later got into a shouting match after a Democrat accused him of promoting fringe conspiracy theories.

See live highlights from the hearing below.

The Chinese government steals U.S. technologies, Facebook CEO Mark Zuckerberg said making him the only one of the four tech CEOs willing to say that plainly in response to a question from Rep. Greg Steube (R-Fla.).

I think its well-documented that the Chinese government steals technology from American companies, Zuckerberg said.

Both Apple CEO Tim Cook and Google CEO Sundar Pichai said they had no personal knowledge about Chinese technology theft. Amazon CEO Jeff Bezos, who answered last, acknowledged that he had read many reports about technology theft by Beijing, but had no first-hand experience beyond knock-off products sold on Amazon.

All four CEOs passed on the opportunity to suggest how Congress could better help defend U.S. companies abroad, against either technology theft or excessive regulation. Leah Nylen and Ryan Heath

Rep. David Cicilline (D-R.I.), who heads the Houses probe into tech giants, accused Facebook of tolerating a fountain of misinformation that benefits the companys engagement-driven business model even on topics as deadly as the coronavirus.

Theres no competition forcing you to police your own platform, the House antitrust subcommittee chairman told CEO Mark Zuckerberg. During the greatest public health crisis of our lifetime, dont you agree that these articles viewed by millions on your platform will cost lives?

The lawmaker cited articles that drew millions of views on sites like Facebook while making claims about Covid-19, including those describing President Donald Trumps musings about placing disinfectants inside the body or allegations that coronavirus hype is a political hoax.

Cicilline said Facebook allows such content to reap advertising dollars. But Zuckerberg countered that this kind of noxious material is not helpful for our business.

It is not what people want to see, and we rank what we show in Feed based on what is going to be most meaningful to people and what is going to create long-term satisfaction, Zuckerberg said.

Zuckerberg defended Facebooks policy of taking down bogus information that could cause imminent harm and its attempt to highlight authoritative guidance. But Cicilline brought up a Monday video from the conservative website Breitbart, which dismissed the necessity of masks and called hydroxychloroquine a Covid-19 cure and which experienced soaring Facebook traffic over several hours before Facebook removed it.

A lot of people shared that, Zuckerberg said. And we did take it down because it violates our policies.

After 20 million people saw it after a period of five hours? Cicilline countered. Doesnt that suggest, Mr. Zuckerberg, that your platform is so big that even with the right policies in place, you cant contain deadly content? John Hendel

Apple CEO Tim Cook speaks via video conference during the House Judiciary Subcommittee on Antitrust, Commercial and Administrative Law hearing. | Graeme Jennings/Getty Images

Apple didnt consider the impact on its own parental control app when it removed some of the most popular apps that limit screentime from its App Store, CEO Tim Cook told lawmakers.

Apple introduced its own Screen Time app, which allows parents to limit how much time kids spend on their phones, in September 2018. After that, the company removed a number of competing apps. Qustodio and Kidslox, two of the leading parental control apps, have filed a complaint with the European Commission about their removal.

Cook said Apple removed the apps because of privacy concerns.

We were worried about the safety of kids, Cook said in response to questions by Rep. Val Demings (D-Fla.).

Demings asked Cook why the company removed many of the most popular screentime apps but not Absher, an app created by the Saudi Arabian government that uses the same technology.

It sounds like you applied different rules to the same apps, Demings said.

Cook said he wasnt familiar with Absher, but said the App Store has about 30 parental control apps after it changed its policy last year. Rep. Lucy McBath (D-Ga.), who returned to the issue later in the hearing, noted that Apple eventually allowed the apps back into the App Store after six months without requiring major changes.

We apply the rules to all developers equally, Cook said. I see Screen Time as just an alternative. Theres vibrant competition for parental controls out there. Leah Nylen

Facebook has certainly adapted features from competing services, CEO Mark Zuckerberg acknowledged Wednesday, but he denied it has threatened to copy start-ups if they wouldnt sell to his company.

But Rep. Pramila Jayapal (D-Wash.) expressed skepticism about his answer, reading from text messages between Zuckerberg and Instagram co-founder Kevin Systrom and messages between Systrom and a venture capitalist. She asked Zuckerberg whether he threatened Systrom and Snap CEO Evan Spiegel by saying he would clone their products if they didnt sell to Facebook. The company bought Instagram in 2012, but Snap rebuffed offers to sell to the social network.

The House subcommittee also posted those documents to its website Wednesday.

Im not sure what you would mean by threaten, Zuckerberg said, referring to the companys effort to build an app called Facebook Camera. It was public we were building a camera app at the time. That was a well-documented thing.

It was clear this was a space we were going to compete in one way or another, he said. I dont think those are a threat in any way.

Jayapal reminded Zuckerberg he was under oath while testifying.

In closing her questioning, Jayapal said she didnt believe threats should be a normal business practice.

Facebook is a case study in monopoly power, in my opinion, because your company harvests and monetizes our data and then your company uses that data to spy on your competitors and copy, acquire and kill rivals, she said. Youve used Facebooks power to threaten smaller competitors and ensure you always get your way. These tactics reinforce Facebooks dominance. Leah Nylen

House Judiciary Democrats lost a big potential GOP ally if they had any hopes of bipartisan recommendations to update antitrust law as part of their probe into tech giants.

I have reached the conclusion that we do not need to change our antitrust laws, Rep. Jim Sensenbrenner (R-Wis.), the top Republican on the antitrust subcommittee, said hours into the hearing on alleged bad behavior by Google, Apple, Amazon and Facebook. Theyve been working just fine. The question here is the question of enforcement of those antitrust laws.

The subcommittees probe has been led by Chairman David Cicilline (D-R.I.), who has been preparing a report to conclude the long investigation. GOP buy-in would strongly bolster its conclusions, including potential recommendations for updates to antitrust law.

Notably, Sensenbrenner seemed to support the probe itself and said hes been working with the chairman for over a year on this bipartisan investigation. His support runs counter to some Republicans who have disparaged Democratic handling of the probe.

But Congress shouldnt toss out a century of precedent, added the retiring House Republican. He said lawmakers should instead pressure antitrust regulators like the Federal Trade Commission, an agency that has faced accusations of going lightly on companies like Facebook and Google. John Hendel

Tempers flared more than two hours into the hearing after Rep. Mary Scanlon (D-Pa.) began her questioning with a dismissal of what she called fringe conspiracy theories of House Judiciary ranking member Jim Jordan (R-Ohio).

That prompted an outburst from Jordan, who had just pressed Google on whether its biased toward Democratic presidential hopeful Joe Biden and said he had internal evidence of the search giants interest in encouraging Latino voters in 2016.

The only problem: It was no longer Jordans time to speak, as Democrats immediately reminded him as they shouted him down.

Mr. Jordan, you do not have the time! antitrust subcommittee Chairman David Cicilline (D-R.I.) declared amid gavel slamming.

When someone told him to wear a mask, Jordan sought to bring up the unmasking in the surveillance sense of former Trump White House national security adviser Michael Flynn.

When someone comes after my motives for asking questions, I get a chance to respond, Jordan said before letting the hearing proceed.

For the record, Google CEO Sundar Pichai maintained that his company is apolitical. John Hendel

Amazon CEO Jeff Bezos said the company is still investigating whether employees may have used data it acquires from its third-party sellers to launch competing products an issue that has prompted allegations that the company misled House lawmakers a year ago.

We have a policy against using seller-specific data to aid our private label business. I cant guarantee you that that policy has never been violated, Bezos said in response to questions from Rep. Pramila Jayapal (D-Wash.), whose district includes Amazon headquarters. If we found someone violated the policy, we would take action against them.

The Wall Street Journal reported this year that Amazon employees frequently looked at seller data to help determine what products the company should offer, contrary to what an Amazon executive told the House a year ago. Jayapal also quoted a former Amazon employee as telling the panel that seller data is a candy shop. Everyone can have access to anything they want.

Bezos also acknowledged that while company policy might prevent employees from looking at a specific sellers information, they could look at aggregate data. Jayapal and The Wall Street Journal story noted that Amazon workers took advantage of that by pairing a successful seller with one who had little business to gain insights into particular products.

You have access to data that other sellers do not have, Jayapal said. The whole goal of this committees work is to make sure that there are more Amazons, that there are more Apples, that there are more companies that get to innovate and small businesses get to thrive. ...That is why we need to regulate these marketplaces so that no company has a platform so dominant that it is essentially a monopoly. Leah Nylen

The first batch of questions saw the CEOs collectively struggle to directly answer lawmakers, who came armed with well-researched questions and strong opinions a shift in gear from previous congressional tech hearings.

The one exception was Jeff Bezos, who escaped all questions for the first hour.

As Facebook CEO Mark Zuckerberg defended his companys management of Instagram, citing the Federal Trade Commissions original decision not to challenge the companys 2012 merger with Instagram, hearing chairman David Cicilline (D-R.I.) dismissed Zuckerberg, saying the failures of the FTC in 2012 do not alleviate Facebooks current antitrust challenges.

Google CEO Sundar Pichai tried to fend off questions by citing examples of individual vendors using Google to grow their business, before Cicilline cut him off for not answering the question.

Rep. Ken Buck (R-Colo.) reeled off a list of possible links and alignment between Google and the Chinese Communist Party, leaving Pichai to say only that Google had only a very limited presence in China. He repeated that answer to Rep. Matt Gaetz (R-Fla.), who repeated charges by tech investor Peter Thiel that Googles China links are treason, and concerns from Gen. Joseph Dunford, chairman of the Joint Chiefs of Staff, who said in 2018 that Googles artificial intelligence work in China puts the U.S. military at a competitive disadvantage. Ryan Heath

Apple CEO Tim Cook rejected allegations that the companys App Store rules for developers are enforced arbitrarily and argued that the company must compete with rivals to interest developers in building apps for its iPhone and iPad.

We treat every developer the same. We have open and transparent rules, Cook said under questioning from Rep. Hank Johnson (D-Ga.). Those rules apply evenly to everyone.

Cook said the majority of apps sold through the App Store, 84 percent, pay no fees. The remainder pay either a 30 percent or 15 percent commission, he said.

Johnson noted that Amazon has an agreement with Apple to allow users to bypass the iPhones in-app payment service, and its 30 percent fee, and instead use the credit card on file in their Amazon account for the Amazon Prime Video app. Cook said that would be available to anyone meeting the conditions, though he didnt outline what those conditions are.

The Apple CEO also argued that the company must compete to attract developers, who could offer apps for Googles Android, Microsofts Windows or XBox or Nintendos Playstation.

Theres a competition for developers just like theres a competition for customers, Cook said. Its so competitive I would describe it as a street fight for market share in the smartphone business. Leah Nylen

Were starting to see some fruits of the subcommittees year-plus investigation, and its got Zuckerberg on the defensive.

The Facebook CEO and New York Democrat Jerry Nadler went back and forth over internal company emails in which, Nadler said, Zuckerberg told a colleague back in 2012 that it was buying the photo-sharing Instagram because it could meaningfully hurt us without becoming a huge business.

Zuckerbergs thinking at the time could become a critical piece of evidence if it bolsters the idea that Facebook was abusing its dominance and deep coffers to eliminate budding rivals. Facebooks buying up of Instagram has become a key focus for critics of the company, with Sen. Elizabeth Warren (D-Mass.) and others saying the deal should be unwound. Thats a threat for Facebook: Instagram has become wildly popular in its own right, and is central to Zuckerbergs plan to keep a toe hold with younger generations who are otherwise flocking to sites like TikTok.

Did you mean that consumers might switch from Facebook to Instagram? Nadler asked.

Congressman, started Zuckerberg, attempting to make the case that no one at the time saw Instagram has a general social network app, rather than a really good photo-sharing app. Nadler pressed on: Yes or no: Did you mean that?

Then Nadler went for the kill, asking what Zuckerberg meant when he wrote that what were really buying is time, adding, Mr. Zuckerberg: Mergers and acquisitions that buy off potential competitive threats violate the antitrust laws.

Zuckerberg tried again, insisting that the Federal Trade Commission knew how Facebook was thinking about Instagram back when it signed off on the merger almost a decade ago. Thats when antitrust subcommittee David Cicilline (D-R.I.) jumped in: I would remind the witness that the failures of the FTC in 2012 of course do not alleviate the antitrust challenges that the chairman described.

Translation: Dont think this is over just because that agency down the road said it was.Nancy Scola

A top House Republican used his questioning to press Facebook CEO Mark Zuckerberg over a recent content moderation squabble involving Donald Trump Jr., the presidents son, with Twitter.

It was reported that Donald Trump Jr. got taken down for a period of time because he put something up on the efficacy of hydroxychloroquine, Rep. Jim Sensenbrenner (R-Wis.), the top Republican on the Judiciary antitrust subcommittee. Although Sensenbrenner said he wouldnt take the medication, the lawmaker said, I think this is a legitimate matter of discussion.

Why has that happened? Sensenbrenner asked Zuckerberg.

Congressman, first, to be clear, I think what you might be referring to happened on Twitter, so its hard for me to speak to that, the Facebook CEO said. But I can talk to our policies about this.

Zuckerberg said Facebook would take down any claim a proven cure for Covid-19 exists when there is none, given the potential imminent risk for harm, although he said the social platform would allow free discussion about drug trials and what people may think more generally about a treatments prospects.

Our goal is to offer a platform for all ideas, Zuckerberg told Sensebrenner. Frankly I think weve distinguished ourselves as one of the companies that defends free expression the most. John Hendel

Google CEO Sundar Pichai denied that the search giant steals content from other websites and rejected reports alleging that the company steers users to its own products and sites rather than sources elsewhere on the web.

We have always focused on providing users the most relevant information, Pichai said in response to pointed questions from House Judiciary antitrust subcommittee chair David Cicilline (D-R.I.), who said the panel had seen evidence about Google taking content from other websites and placing more ads on its search results. The vast majority of queries on Google, we dont show ads at all.

Cicilline cited an investigation by The Markup that showed Google has devoted more space on the first page of search results to its own products -- which earn the company more revenue that if users go to other webpages. Pichai said that Google only shows ads when consumers are seeking to buy products and argued that they compete with other e-commerce platforms, like Amazon, where consumers often go directly to try to find products.

When I run the company Im really focused on giving users what they want, Pichai said. We see vigorous competition, whether it be travel or real estate, and we are working hard to innovate.

The Federal Trade Commissions investigation into Google in the early 2010s found Google scraped content from other websites, including Yelp and TripAdvisor. The company agreed to allow other companies to opt out of having their content scraped through 2017. Leah Nylen

One surprise so far in the hearing: Facebook CEO Mark Zuckerberg, who generally likes to stick fairly religiously to a script in his public appearances, went far afield from his written testimony including strongly arguing that his 2-billion-member social network is an underdog when you look at the behemoths hes testifying alongside.

Zuckerberg pointed out that Facebook competes with other companies that, too, have hundreds of millions or even billions of users.

Some are upstarts, said Zuckerberg, but others are gatekeepers with the power to decide if we can even release our apps in their apps stores to compete with them a seeming shot at Apple, with whom Facebook has no love lost. (Apple CEO Tim Cook was off-screen at the time.)

And its not just Apple, argued Zuckerberg, who added that Facebook has to battle with YouTube when it comes to video and Amazon when it comes to the online ads market.

In many areas were behind our competitors, said Zuckerberg. Thats not what youd expect a CEO to a multibillion-dollar titan to say, but its a direct rebuke to the very premise of the hearing that Facebook is so giant, so powerful, that Washington needs to step in. Nancy Scola

Read his prepared testimony here. POLITICO staff

Read his prepared testimony here. POLITICO staff

Just like the world needs small companies, it also needs large ones, Amazon CEO Jeff Bezos told the antitrust subcommittee Wednesday while arguing that his online commerce giant is not all that large when considered as a percentage of the global retail market.

Bezos, the worlds richest person, also pointed to his humble origins, noting that my mom, Jackie, had me when she was a 17-year-old high school student in Albuquerque.

Read the rest of his prepared testimony here. Bob King

Ill just cut to the chase: Big Tech is out to get conservatives, Rep. Jim Jordan said at the hearing's outset a not-unexpected outburst from the top Republican on the full Judiciary Committee, who has become a public face of the complaints from some on the right that Silicon Valley is innately biased against them.

Jordan also brought up the fact that hed hoped to have Jack Dorsey, the CEO of Twitter a frequent target of Jordan, President Donald Trump, and other Republicans testify at the hearing, a request shot down by Democrats.

Jordan also made a last-minute request to rope into the hearing another Republican member, whos not on the subcommittee, to dig into the alleged constitutional questions raised by the companies testifying. Subcommittee Chairman David Cicilline (D-R.I.) wasnt having it a signal that he intends to keep the hearing on topic. Nancy Scola

The Republican leader of the House Judiciary antitrust panel became the first to raise concerns about conservative bias by the biggest U.S. tech companies.

In his opening statement, Rep. Jim Sensenbrenner (R-Wis.) emphasized that a firms large size doesnt mean they are in violation of U.S. antitrust laws. Rather, how the problem is how they use that power.

Companies like Facebook, Googles YouTube and Twitter have become the public square of today where political debates play out in real time, Sensenbrenner said in his opening statement. Conservatives are consumers too and they need the protection of the antitrust laws. The power to influence debate carries with it remarkable responsibilities.

But like his counterpart, panel chair David Cicilline (D-R.I.), Sensenbrenner said he hopes to examine the size and power of the U.S. four biggest tech companies.

Your companies are large. Thats not a problem. Your companies are successful. Thats not a problem either, he said. I want to leave here today with a more complete picture of how your individual companies use your size, success and power and what it means to the American consumer. Leah Nylen

Tech companies have become such a political flashpoint and exert such influence on our economy and society that dozens of interest groups are angling to get their issues into the record today, during a hearing whose stated topic is antitrust.

Data privacy and misinformation are two themes that many groups want to see raised.

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Theft, censorship and the 'emperors of the online economy': Tech CEOs go on defense - POLITICO

Applied Manufacturing Technologies Announces Strategic Partnership with Autonomous Mobile Robot Manufacturer OTTO Motors – Robotics Tomorrow

AMT and OTTO Motors partner to provide cutting-edge material handling solutions utilizing autonomous mobile robots (AMRs) amid growth in eCommerce and food and beverage industry projects.

Orion, MI - July 28, 2020 - Applied Manufacturing Technologies (AMT), North America's largest independent full-service systems integration provider supporting manufacturers, robot companies, systems integrators, line builders, and users of robotic automation worldwide, today announced a strategic partnership with autonomous mobile robot (AMR) manufacturer OTTO Motors, a division of Clearpath Robotics.

"We are excited to partner with AMT to implement state-of-the-art industrial AMR systems and to augment the automation solutions that AMT offers to their customers," said Hank Heupel of OTTO Motors. "Together we can provide robust material handling solutions using mobile robots in a wide variety of industries."

A leader in robotic and guided material transport solutions, AMT works closely with customers in the warehousing, eCommerce, food & beverage, and other industries to provide custom turnkey material transport systems for a variety of types of cargo. AMT specializes in material handling projects, ranging from hardware-based conveyor systems and robotic palletizing to GPS- and LiDAR-based "smart" material transport.

AMT is a specialist in full-service systems integration, also offering engineering services such as turnkey industrial controls, robotic programming, and automation consulting. Bringing together best-in-class technologies and custom automation, AMT provides high-quality, cost-effective automation solutions. Our solutions have benefited manufacturers in automotive, aerospace, medical, alternative energy, fabricated metal, industrial machinery, rubber and plastics, food and beverage and many other industries. AMT also designs customized hardware and software packages to support automated storage and retrieval systems (ASRS) and distribution center systems integrators, providing unique solutions to speed up and optimize the order fulfillment process for e-commerce fulfillment centers.

About Applied Manufacturing TechnologiesFounded in 1989, Applied Manufacturing Technologies is an industry leader in robot automation engineering, manufacturing systems integration, and turnkey industrial controls globally. More than 120 experienced and highly-trained controls and automation engineers with over 1,250 combined years of experience are engaged in automation projects across an array of industries. With a deep bench of experienced, innovative automation engineers, consultants, and programmers, AMT assists customers with projects at any stage of development, from conceptualization and design to troubleshooting and expansion. From AMT's Orion, Michigan headquarters, the company has engineered over 25,000 automation systems worldwide on 5,500 projects for more than 600 customers. For more information, visit AMT's website, LinkedIn, Facebook and Twitter.

About OTTO MotorsOTTO Motors is a division of Clearpath Robotics, Inc., a global robotics company dedicated to automating the world's dullest, dirtiest, and deadliest jobs. Founded in 2009, the company successfully commercialized one of the world's first platforms to support robotics research. OTTO Motors provides autonomous mobile robots for material handling inside manufacturing facilities and warehouses. OTTO is trusted for mission-critical deliveries in the most demanding of industrial environments. Customers include some of the world's most recognized brands, including GE and Toyota.

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Applied Manufacturing Technologies Announces Strategic Partnership with Autonomous Mobile Robot Manufacturer OTTO Motors - Robotics Tomorrow

Military Robotics Market Breaking new Grounds and touch new Level in Upcoming Year by Lockheed Martin, Northrop Grumman, BAE Systems, SAAB, Boston…

Military robots are designed for military applications comprised of search & rescue, transportation, mine clearance, and targeting. It is expected that combat robots have become an inherent part of military forces and would replace humans for challenging task that involved dirty, dangerous and repetitive work. Several dangerous tasks, such as breaching enemy obstacles are carried out by remote-controlled vehicles as it takes away the risk of the soldiers life. Other dangerous applications performed by military robots are reconnaissance and detecting chemical weapons.

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Top Key Vendors of this Market are:

Lockheed Martin, Northrop Grumman, BAE Systems, SAAB, Boston Dynamics, Thales Group, General Dynamics, Israel Aerospace Industries, Turkish Aerospace Industries, Endeavor Robotics, iRobot Corporation, QinetiQ Group, Roboteam

Various factors are responsible for the markets growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Military Robotics market. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market. The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Military Robotics markets trajectory between forecast periods.

The report provides insights on the following pointers:

Market Penetration:Comprehensive information on the product portfolios of the top players in the Military Robotics market.

Product Development/Innovation:Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Market Development:Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.

Market Diversification:Exhaustive information about new products, untapped geographies, recent developments, and investments in the Military Robotics market.

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Table of Contents

Global Military Robotics Market Research Report 2020 2026

Chapter 1 Military Robotics Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Global Military Robotics Market Forecast

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Military Robotics Market Breaking new Grounds and touch new Level in Upcoming Year by Lockheed Martin, Northrop Grumman, BAE Systems, SAAB, Boston...