Cost function – Beacon at Bangsar Mon, 21 Nov 2022 09:14:48 +0000 en-US hourly 1 Cost function – Beacon at Bangsar 32 32 Enfield Expedition | Construction at Meridian Water started late – now we are paying the price Mon, 21 Nov 2022 08:06:31 +0000

Alan Sitkin, former Cabinet Member for Economic Regeneration and Business, slams delays and cost overruns at Enfield Council’s flagship development

Construction at Meridian Water officially began in May 2021, when the head of the council (front, right) symbolically dug a shovel into the ground (Credit Enfield Council)

We require our representatives to report their actions or inactions faithfully, especially when large sums are at stake.
Politicians who fail in this duty rightly tend not to last very long – as evidenced by the plummeting fortunes of Liz Truss, maligned for the economic damage wrought by her insane budget but also for her subsequent efforts to stifle the government. ‘to analyse. Horrifyingly, at Enfield we live with the same combination of abject incompetence and post-truth politics.

The Dispatch has published several recent articles detailing how Enfield Council’s regeneration projects are facing the same cost inflation as building is everywhere. In these articles, the councilors communicate a message that the huge overruns at Meridian Water are caused by external circumstances over which the council has no control. But as someone who had ministerial responsibilities for parts of this megaproject between 2014 and 2018, I know that this explanation for our impending financial catastrophe is complete nonsense.

It is true that construction cost inflation will hurt future Meridian Water phases. And it would be wrong to blame the current board administration for tomorrow’s challenges. But Meridian One, the first phase of development [originally earmarked for 725 homes, now increased to 977] was originally scheduled to be fully completed by early 2020 – long before Covid-19 and Putin-related inflation kicked in.

Now that inflation is higher, the costs of the first phase have increased enormously – a huge surcharge undermining Meridian Water’s overall viability. But the real failure here is that it took the council until 2021 to start working on a fully planned segment that was supposed to start three years earlier. The question is why.

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The starting point is Meridian Water’s move from a development where the council had to go through lead developers (the condition for an advance £20m grant from former Chancellor George Osborne) to an internally managed project . The old Labor administration that I was part of always tried to get the right deals for Enfield, but realized that if we weren’t able to agree on terms, plans for urgency were needed so that the board could switch as quickly as possible to outsourcing work.

The problem is that Nesil Caliskan, when she became head of the council in 2018, apparently did not grasp the imperative for the council to fast track the first phase of Meridian Water. Megaprojects are ticking time bombs; the board may have been sitting on significant capital gains when I left office (thanks to our timely land purchases) but, as anyone with financial knowledge knows, in the lack of sufficient “in the meantime” revenue, interest charges on developments like this will eat up unrealized capital gains (i.e. financing and spending transactions must be chronologically coordinated ). This did not happen in the pre-Covid period of 2018-2020. Why not?

There seem to be two answers. One is that Cllr Caliskan was already a leader when she decided to appoint herself as Regeneration Manager as well, downgrading that tough job to a part-time job, even as a £6billion project hung in the balance. The second is that prior to becoming Chief, Cllr Caliskan seemed to lack relevant financial, business or cabinet experience. The same could be said for Mary Maguire, who served as finance officer at the civic center [she stood down as a councillor before the 2022 local election].

The end result is that during those crucial years, the political leaders who ran the Meridian Water megaproject failed to channel and galvanize council performance – and phase one construction began with three years delay. It is a failure that will cost local taxpayers dearly.

Commodification in Europe worsens working conditions Tue, 15 Nov 2022 21:09:57 +0000

Competition between workers creates conflict, according to a new book co-authored by research professor Ian Greer, MS ’03, Ph.D. ’05 which explores how European markets work, who creates them, shapes them and organizes, and what they mean for the relationship between labor and capital.

“Marketization: How Capitalist Exchange Disciplines Workers and Subverts Democracy,” published Nov. 3 and written with Charles Umney, is based on dozens of conversations with policymakers, administrators, businesses, workers, and trade unionists across the world. Europe to examine how markets are created and manipulated by corporations, policy makers and bureaucrats, and why increased competition can lead to greater inequality.

Published by Bloomsbury Academic, the book summarizes studies conducted over almost 20 years with colleagues in England, Belgium, Finland, France, Germany, Greece and Slovenia.

Workplace welfare systems, healthcare and live music were examined by Greer, director of ILR’s Ithaca Co-Lab, and Umney to track the impact of commodification. Greer discussed their work in an interview with the ILR school.

Question: What prepared the ground for social protection systems, health care and other parts of the European economy to be so deeply affected by commodification?

Answer: In Europe, there has been a widespread view that the problems plaguing labor markets and health systems can be solved by greater competition. This view comes from the long-standing liberal doctrines behind the European Union’s single market with the free movement of goods, services, capital and labour. This kind of competition has been enshrined in the constitution since the 1950s. But the idea of ​​making people competitive at the national level, within countries, comes mostly from newer neoliberal thinking pushed by think tanks and embraced by political parties from all walks of life since the 1990s. The idea has also been embraced by companies, for example, that create virtual marketplaces using apps, online platforms and algorithms.

Q: You have found new ways to put workers in competition with each other to ostensibly reduce costs and improve quality. What were the consequences?

A: The main consequence is what we call class discipline. Workers are in competition with each other, and it becomes more difficult to negotiate for better wages and working conditions. In the area of ​​live music, for example, we identified certain concerts in London, mainly corporate functions and weddings, which were increasingly found on online platforms. Unlike traditional entertainment agents, who in the past sold “incentive” acts, platforms have made it harder for musicians to negotiate higher fees by making it easier for their customers to compare prices. Similarly, in health care, we have seen examples of working conditions deteriorating due to competitive pressures and privatization. In health, this has not normally resulted in cost and quality improvements, but it has contributed to staff shortages and bureaucratic overload.

Q: You identified how people fight commodification in their daily work. What does it look like?

A: The easiest examples to spot are large protests where workers are mobilizing against privatization or shutting down services and sometimes also demanding regulatory changes that reduce the competitive pressures they face. But there have also been quiet forms of resistance: musicians who refuse to work on the platforms, social workers who take their time to identify the needs of their clients, public sector bureaucrats who do not believe in privatization and listen to the evidence that it doesn’t work, and the community-based nonprofits that are losing money, rather than getting shrewd and corporate.

Q: What do you say to Americans who think this would never happen in the United States?

A: Sometimes I laugh, because I know they are joking. Many Europeans see the United States as a neoliberal model, with our private health care system and work-for-benefit programs replacing what was once called welfare. And the offshoring of jobs to countries with lower wages has been putting competitive pressure on American industrial workers for a few decades now. But behind that question lies a serious point: Much of the politics in the United States is driven by the abuse of private power by billionaires and big corporations, backed by police, prisons and the military. Many on the center-left believe the solution is to break up these combinations and force the capitalists to compete. It’s a good idea in some ways, but it tends to ignore the workers involved.

Mary Catt is Director of Communications at ILR School.

Thai crocodile farmers want trade restrictions eased Sat, 12 Nov 2022 09:04:35 +0000

SRI RACHA, Thailand (AP) — Crocodile farmers in Thailand are coming up with a new approach to saving the dwindling number of endangered wild crocodiles in the country. They want to loosen regulations on cross-border trade in reptiles and their parts to boost demand for products made from those bred in captivity.

With only around 100 Siamese crocodiles living in the wild in Thailand, the species is technically on the verge of local extinction. Crocodile breeders, meanwhile, raise millions of animals in captivity, but don’t fare as well. The coronavirus pandemic has devastated sales of their products due to an almost complete shutdown of the lucrative market of visiting tourists.

In response, Thailand’s crocodile industry, whose $200 million in annual sales have plummeted nearly 90% during the pandemic, is promoting a two-track solution it hopes can benefit itself. as well as reptile species. As well as seeking a relaxation of strict regulations on international trade in their products, they are leading an effort to repopulate Siamese crocodiles in the wild.

Although the industry has its roots in catching wild crocodiles, ranchers and traders argue that a successful and well-regulated agricultural business can help rebuild the population of wild crocodiles.

Proponents of relaxing trade rules believe that the success of breeding Siamese crocodiles on farms means it is no longer profitable to hunt them in the wild, and that a thriving commercial industry will help fund conservation projects.

Thailand will propose relaxation of rules on the trade in Siamese crocodiles at next week’s meeting in Panama of the 184-nation CITES, the Convention on International Trade in Endangered Species of Wild Fauna and Flora.

The Thai proposal aims to change the current listing of Siamese crocodiles from Appendix I, a category with extremely strict trade rules for endangered species, to Appendix II, with more relaxed rules that impose fewer regulatory constraints on buyers who import the products.

Yosapong Temsiripong, head of the Thai Crocodile Farm Association and owner of Sriracha Moda Farm, said it would help revive the battered industry, making it easier to export meat to countries like China and, more importantly , from crocodile skins to major foreign fashion brands. for handbags and shoes. Relaxed rules would help Thailand compete with the United States, Zimbabwe and Australia, which are major exporters of crocodile species that are not in the most endangered species category.

“For the past two years, during the pandemic, the crocodile industry has been badly affected as tourism is the main source of our income. When there were no tourists, our business suffered a lot,” Yosapong said. “Our exports have also been affected. We hope that if we can downgrade the Siamese Crocodile, then we can enter more markets, and our products can be accepted by global brands.

Wild Siamese crocodiles, once found in abundance in slow-moving rivers, streams and lakes in Thailand, Laos and Cambodia, were decimated in the late 1990s due to hunting and trade uncontrolled, as well as economic development that has reduced their natural habitats. . It is believed that only around 400 Siamese crocodiles remain in the wild, mostly in Cambodia.

Promoting commercial agriculture and crocodile conservation are compatible goals, said Bancha Sukkaew, deputy director general of Thailand’s Department of Fisheries.

“The species remains a protected species. Those authorized for sale and export must come from farms. So we can guarantee that trade will only be from farms. Second, we have protected area management plans and crocodile release plans that have been approved to be carried out every year.

Thai authorities are committed to protecting the wild population, with plans to increase it from around 100 now to 200 over the next 10 years, he said.

Previous proposals to relax trade rules for Siamese crocodiles, however, were rejected.

Steven Platt, a herpetologist with the US-based Wildlife Conservation Society, said more should be done to save Thailand’s wild Siamese crocodiles before opening the door to increased trade. Those efforts should include a more robust crocodile release program, he said.

Neighboring Cambodia and Laos are leading efforts to boost wild populations with regular release programs, said Platt, who has spent years working on crocodile conservation. Both countries are believed to have stable and viable populations, which some experts say is not the case in Thailand. Thailand’s release of 50 crocodiles between 2006 and 2019 is relatively low compared to Laos, where around 70 crocodiles were released this year alone.

“Thailand has the best system of national parks, real protected areas that work. They are well governed. They are well managed. They have science personnel, law enforcement personnel, and that’s unique in the area. And there is… huge potential for Thailand to take the lead in Siamese crocodile conservation,” he said. “And we just don’t see that.”

Global Bank Kiosk Market Report to 2031 Mon, 07 Nov 2022 12:03:39 +0000

Dublin, Nov. 07, 2022 (GLOBE NEWSWIRE) — The report “Banking Kiosk Market By Component, By Type, By Type: Global Opportunity Analysis and Industry Forecast, 2021-2031” has been added to from offer.

According to this report, the Bank Kiosk Market was valued at USD 756.96 Million in 2021 and is projected to reach USD 2.2 Billion by 2031, growing at a CAGR of 11.5% from 2022 to 2031.

Bank kiosk is a type of machine used to provide better reach and accessibility of banking services to customers. A kiosk is set up in remote areas to provide banking services in these areas. Furthermore, a kiosk can also be defined as a small booth with established internet connections in the villages with staff to assist customers with basic banking services. Most traditional banks in all sectors, private, public and cooperative, have opened kiosks for individuals. The services provided are usually withdrawal, deposit and remittances.

Rising demand for self-service in banking and financial services and improved customer services offered by banking kiosks are propelling the growth of the market. In addition, the reduction in overall operational costs is driving the growth of the banking kiosk market. However, the increase in the use of mobile devices for banking services and the need for high installation costs and regular maintenance are limiting the market growth. Conversely, increasing business investment in Asia-Pacific is expected to provide several opportunities for market expansion over the forecast period.

The global banking kiosk market is segmented on the basis of component, distribution, type and region. Based on component, the market is divided into hardware, software and services. By type, it is categorized into Single Function Kiosk, Multi-Function Kiosk, and Virtual/Video Counter (VTM). By distribution, it is segmented into rural, urban, semi-urban and metropolitan. Regionally, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.

Key players such as Auriga Spa, Cisco Systems, Inc., Diebold Nixdorf, Incorporated, Glory Ltd., GRGBanking, Hitachi Channel Solutions, Corp., Kal Atm Software GmbH, NCR Corporation, Oki Electric Industry Co., Ltd. and Star Micronics co., ltd. dominates the global banking kiosk market. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Key Benefits

  • This report provides quantitative analysis of market segments, current trends, estimates and dynamics of the Bank Kiosk market analysis from 2021 to 2031 to identify opportunities in the Bank Kiosk market.
  • Market research is offered with information related to key drivers, restraints, and opportunities.
  • Porter’s Five Forces analysis highlights the ability of buyers and suppliers to enable stakeholders to make profit-driven business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the banking kiosk market segmentation helps to determine the existing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution in the global market.
  • The positioning of market players facilitates benchmarking and provides a clear understanding of the current position of market players.
  • The report includes analysis of regional and global Bank Kiosk market trends, key players, market segments, application areas and market growth strategies.

Main topics covered:



3.1. Definition and scope of the market
3.2. Key findings
3.2.1. Main pockets of investment
3.3. Porter’s Five Forces Analysis
3.4. Positioning of the best player
3.5. Market dynamics
3.5.2. Constraints
3.6.COVID-19 Market Impact Analysis

4.1 Overview
4.1.1 Market Size and Forecast
4.2 Hardware
4.2.1 Key Market Trends, Growth Drivers and Opportunities
4.2.2 Market Size and Forecast, by Region
4.2.3 Market Analysis by Countries
4.3 Software
4.3.1 Key Market Trends, Growth Drivers and Opportunities
4.3.2 Market Size and Forecast, by Region
4.3.3 Market Analysis by Countries
4.4 Services
4.4.1 Key Market Trends, Growth Drivers and Opportunities
4.4.2 Market Size and Forecast, by Region
4.4.3 Market Analysis by Countries

5.1 Presentation
5.1.1 Market Size and Forecast
5.2 Single Function Kiosk
5.2.1 Key Market Trends, Growth Drivers and Opportunities
5.2.2 Market Size and Forecast, by Region
5.2.3 Market Analysis by Countries
5.3 Multifunction kiosk
5.3.1 Key Market Trends, Growth Drivers and Opportunities
5.3.2 Market Size and Forecast, by Region
5.3.3 Market Analysis by Countries
5.4 Virtual Video Counter
5.4.1 Key Market Trends, Growth Drivers and Opportunities
5.4.2 Market Size and Forecast, by Region
5.4.3 Market Analysis by Countries

6.1 Overview
6.1.1 Market Size and Forecast
6.2 Rural
6.2.1 Key Market Trends, Growth Drivers and Opportunities
6.2.2 Market Size and Forecast, by Region
6.2.3 Market Analysis by Countries
6.3 Semi-urban
6.3.1 Key Market Trends, Growth Drivers and Opportunities
6.3.2 Market Size and Forecast, by Region
6.3.3 Market Analysis by Countries
6.4 Urban
6.4.1 Key Market Trends, Growth Drivers and Opportunities
6.4.2 Market Size and Forecast, by Region
6.4.3 Market Analysis by Countries
6.5 Metropolitan
6.5.1 Key Market Trends, Growth Drivers and Opportunities
6.5.2 Market Size and Forecast, by Region
6.5.3 Market Analysis by Countries


8.1. Introduction
8.2. The best winning strategies
8.3. Top 10 Player Product Mapping
8.4. Competitive Dashboard
8.5. Competitive heatmap
8.6. Main developments

9.1 Auriga Spa
9.1.1 Company Overview
9.1.2 Company Overview
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Commercial performance
9.1.6 Key strategic moves and developments
9.2 Cisco Systems, Inc.
9.2.1 Company Overview
9.2.2 Company Overview
9.2.3 Operating business segments
9.2.4 Product Portfolio
9.2.5 Commercial performance
9.2.6 Key Strategic Movements and Developments
9.3 Diebold Nixdorf, Incorporated
9.3.1 Company Overview
9.3.2 Company Overview
9.3.3 Operating business segments
9.3.4 Product Portfolio
9.3.5 Commercial performance
9.3.6 Key Strategic Movements and Developments
9.4 Glory Ltd.
9.4.1 Company Overview
9.4.2 Company Overview
9.4.3 Operating business segments
9.4.4 Product Portfolio
9.4.5 Commercial performance
9.4.6 Key strategic moves and developments
9.5 GRG Banking
9.5.1 Company Overview
9.5.2 Company Overview
9.5.3 Operating business segments
9.5.4 Product Portfolio
9.5.5 Commercial performance
9.5.6 Key strategic moves and developments
9.6 Hitachi Channel Solutions, Corp.
9.6.1 Company Overview
9.6.2 Company Overview
9.6.3 Operating business segments
9.6.4 Product Portfolio
9.6.5 Commercial performance
9.6.6 Key Strategic Movements and Developments
9.7 KAL ATM Software GmbH
9.7.1 Company Overview
9.7.2 Company Overview
9.7.3 Operating business segments
9.7.4 Product Portfolio
9.7.5 Commercial performance
9.7.6 Key Strategic Movements and Developments
9.8 NCR Corporation
9.8.1 Company Overview
9.8.2 Company Overview
9.8.3 Operating business segments
9.8.4 Product Portfolio
9.8.5 Commercial performance
9.8.6 Key strategic moves and developments
9.9 Oki Electric Industry Co., Ltd.
9.9.1 Company Overview
9.9.2 Company Overview
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Commercial performance
9.9.6 Key strategic moves and developments
9.10.1 Company Overview
9.10.2 Company Overview
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Commercial performance
9.10.6 Key Strategic Movements and Developments

For more information on this report visit

		Cicilline runs on record, Waters like everyone else in Congressional District 1
		Sat, 29 Oct 2022 20:36:43 +0000


CUMBERLAND — Rep. David Cicilline walked into the reception hall at Cumberland Mansion as if this routine stop in his re-election campaign was more like a family reunion.

He greeted people at dinner with handshakes and backslaps, joked about his graying hair, tried rudimentary Spanish with a group at a table and tied a custom apron to serve plates of shepherd’s pie before stepping away. sit down to eat.

“Be careful, it is very hot,” he warned his older table companions.

Many faces in the room were familiar to him. By Cicilline’s tally, it was the eighth time he had held an event like this at the low-income apartment complex that rises above a bend in the River Blackstone. After canceling the previous two years due to the pandemic, he really seemed to be enjoying himself.

And why wouldn’t he? The room was packed with supporters like Richard Conforti, a Cumberland Housing Authority commissioner who said he planned to vote for the six-term Democratic candidate on November 8.

Rep. David Cicilline greets a resident while campaigning at Cumberland Manor seniors' apartments on October 20.

Elections:Progressive push to the left sputters against establishment Democrats in RI primary

“He’s been around long enough to know the ins and outs of Congress,” Conforti said. “It doesn’t matter who comes up against him.”

That person is Allen Waters, a 66-year-old Republican who is running for public office for the fourth time. Two of those attempts were in Massachusetts and both were short-lived, the first in 2017 as an independent against Sen. Elizabeth Warren and two years later against Sen. Edward Markey.