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2024 BUSINESS FORECAST: TECH-DRIVEN OPTIMISM MEETS RISING GEOPOLITICAL CHALLENGES

DAVOS, Switzerland, Jan. 16, 2024 /PRNewswire/ -- Despite the challenges of 2023 and escalating geopolitical tensions, business leaders remain surprisingly optimistic for 2024, according to new research from Economist Impact and DP World, unveiled today at the World Economic Forum.

The primary driver is a growing belief that technology will transform the efficiency and resilience of supply chains. Amid escalating concerns about protectionism, global fragmentation and political instability, businesses are reassessing risks within their supply chains and pivoting towards friendshoring and dual supply chain strategies.

The fourth annual Trade in Transition study, commissioned by DP World and led by Economist Impact, captured the perspectives of trade experts and senior executives across a variety of regions and sectors. This period of unprecedented transformation – heightened geopolitical risk, the urgent realities of climate change and significant advancements in technologies – is causing businesses to face complex challenges. Yet there are also opportunities.

2023 was a pivotal year in supply chain innovation as technology drives optimism for 2024

The global survey of 3,500 company executives found technologies that improve supply chain efficacy and resilience to be the main source of optimism for business leaders when asked to assess the future of global trade. At the core of this sentiment is the widespread adoption of AI, with 98% of executives already using AI to revolutionise at least one aspect of their supply chain operations.

From solving inventory management issues and reducing trade expenses to optimising transport routes, executives are taking advantage of integrating AI. A third of businesses are utilising AI to deliver a reduction in overall trade operation costs and the same amount to enhance resource and supply chain planning. Over one-third of companies view boosting the use of digital tools for enhanced inventory management as the most effective strategy in cutting overall trade and supply chain costs.

Businesses expect to ramp up their technological adoption further this year, a proactive approach that underscores a commitment to deploying innovation to navigate the evolving business landscape with increased efficiency and resilience. Of those surveyed, a third will focus on advanced automation and robotics for logistics efficiency; 28% will turn to blockchain for enhanced traceability and data security; and 21% will embrace artificial intelligence, big-data analytics and predictive analytics for real-time insights and disruption forecasting.

Supply chains adapt as geopolitical tensions weigh 

In the new era of globalisation, a landscape of heightened geopolitical risk is shaping the contours of global trade as businesses attempt to reduce risks across their supply chains. More than a third of companies are using friendshoring to shape trade and supply chain operations, while 32% are creating parallel supply chains or dual sourcing.

In addition, more than a quarter are opting for fewer suppliers – a 16-percentage point increase from the previous year – as businesses weigh the advantages of consolidation against diversification and control against resilience.

Concerns that political instability, rising trade friction and global fragmentation could hamper growth are increasing. A fifth of businesses are concerned with higher tariffs, or uncertainties around tariffs, in key markets they export to or import from. In fact, 22% of executives emphasised the challenge of political instability in their sourcing markets, while almost a quarter (23%) are concerned about heightened geopolitical uncertainty.

Economist Impact conducted a quantitative trade analysis through the Global Trade Analysis Project (GTAP) platform to estimate the potential global output loss from hypothetical scenarios of further "geo-economic fragmentation." In a scenario focused on significantly increased trade barriers on high-tech goods – a focal point in the current geopolitical climate – Economist Impact projected a 0.9% decline in worldwide GDP.

Speaking at the launch of the report at the World Economic Forum in Davos today, DP World Group Chairman and CEO Sultan Ahmed bin Sulayem said:

"The findings in this report reveal a remarkable optimism, despite businesses having to operate in an increasingly uncertain environment. Governments can maximise the significant economic benefits of trade by providing the predictability that businesses need, while reducing trade friction. This entails not only tariff reduction, but also collaborating with the private sector to roll-out technological advancements – most notably in digitalisation, automation and AI – that enable greater efficiency, visibility and adaptability."

John Ferguson, Global Lead, New Globalisation, Economist Impact, added:

"In 2024, amidst heightened geopolitical risk and the rising impact of climate change, there is an observable increase in the variability of approaches businesses are taking to their supply chains. This reflects a growing understanding that no single strategy will meet the needs of different businesses. What's clear is that technology is being implemented across supply chains to ensure business can adapt faster and smarter."

To view the full report, please click here.

About Economist Impact 

Economist Impact combines the rigour of a think-tank with the creativity of a media brand to engage an influential global audience.

We partner with corporations, foundations, NGOs and governments across big themes including sustainability, health and the changing shape of globalisation to catalyse change and enable progress.

impact.economist.com 

About Trade in Transition 

This is the fourth edition of the Trade in Transition report commissioned by DP World and led by Economist Impact. It is a global survey that retrieves data from over 3,500 executives, examining private sector sentiment on international trade and supply chains. More specifically it looks at how factors such as geopolitics, climate change and technology impact trade and supply chains. Trade in Transition also looks into regional (North America, South America, Europe, Middle East, Africa, and Asia-Pacific) and sectoral data (FMCG, industrial, consumer goods, food-and-drink, energy-and-natural resources, health and pharma, and logistics and distribution) to compare and contrast priorities in international trade.

economistimpact.com/trade-in-transition/ 

For DP World media enquiries, please contact:  

Adal Mirza 

Head of Media Relations 

Adal.mirza@dpworld.com 

+971 56 355 0899 

Hakam Kherallah 

Consultant, Media Relations & CEO Communications 

Hakam.Kherallah@dpworld.com 

+971 50 552 2610 

Follow DP World on

Twitter: https://twitter.com/DP_WorldLinkedIn: https://www.linkedin.com/company/dp-world

About DP World

Trade is the lifeblood of the global economy, creating opportunities and improving the quality of life for people around the world. DP World exists to make the world's trade flow better, changing what's possible for the customers and communities we serve globally. 

With a dedicated, diverse and professional team of more than 103,000 employees spanning 75 countries on six continents, DP World is pushing trade further and faster towards a seamless supply chain that's fit for the future. 

We're rapidly transforming and integrating our businesses -- Ports and Terminals, Marine Services, Logistics and Technology – and uniting our global infrastructure with local expertise to create stronger, more efficient end-to-end supply chain solutions that can change the way the world trades.

What's more, we're reshaping the future by investing in innovation. From intelligent delivery systems to automated warehouse stacking, we're at the cutting edge of disruptive technology, pushing the sector towards better ways to trade, minimising disruptions from the factory floor to the customer's door.

WE MAKE TRADE FLOW TO CHANGE WHAT'S POSSIBLE FOR EVERYONE.

Photo - https://mma.prnewswire.com/media/2317522/Fig9.jpgPhoto - https://mma.prnewswire.com/media/2317523/Fig10.jpg

 

 

View original content:https://www.prnewswire.co.uk/news-releases/2024-business-forecast-tech-driven-optimism-meets-rising-geopolitical-challenges-302034796.html

Un team di giornalisti altamente specializzati che eleva il nostro quotidiano a nuovi livelli di eccellenza, fornendo analisi penetranti e notizie d’urgenza da ogni angolo del globo. Con una vasta gamma di competenze che spaziano dalla politica internazionale all’innovazione tecnologica, il loro contributo è fondamentale per mantenere i nostri lettori informati, impegnati e sempre un passo avanti.

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Serie A – Roma-Lazio: derby della capitale tra rivalsa e...

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Serie A – Roma-Lazio: derby della capitale tra rivalsa e Champions La Fiorentina ospita il Napoli: Kean, in gol a 3,50 su Sisal.it, guida i viola

Roma, 02 gennaio 2025 – Ultima di andata in Serie A ma prima giornata del 2025 in un turno che presenta solo sette partite perché Inter, Atalanta, Juventus e Milan sono impegnate in Supercoppa. Gli occhi di tutti saranno domenica sera quando, nel posticipo, andrà in scena il derby della Capitale: Roma-Lazio. Una stracittadina con due squadre agli antipodi in questa prima metà di stagione: i giallorossi, indietro di 15 punti rispetto ai cugini, provano a risalire la china dopo un inizio choc; i ragazzi di Baroni sognano di agganciare la qualificazione alla prossima Champions League. Ma, si sa, il derby sfugge a ogni pronostico e così, secondo gli esperti Sisal, è proprio la Roma a partire favorita a 2,50 rispetto al 3,00 della Lazio mentre il pareggio è offerto a 3,10. Due dati in contrapposizione: Dybala e compagni hanno vinto solo una volta negli ultimi cinque incroci con i biancocelesti ma Claudio Ranieri, il derby della Capitale, lo ha sempre vinto. Da sei partite segna solo una delle due squadre, il No Goal si gioca a 2,00, mentre quattro delle ultime cinque sono terminate con il risultato esatto di 1-0: lo stesso punteggio è offerto a 8,75 per la Roma mentre si sale a 9,75 per la Lazio. La possibilità che venga fischiato un rigore è in quota a 2,50 mentre si sale a 2,70 per una espulsione. Si preannuncia una sfida tra bomber, fantasisti e protagonisti inattesi: Dovbyk, a 3,00, se la vedrà con Castellanos, dato a 3,25; Dybala, gol o assist a 2,15, fronteggerà Zaccagni, in quota a 2,60 per una rete o un passaggio vincente mentre Gianluca Mancini sogna di ripetere il gol vittoria dell’ultima volta, ipotesi che pagherebbe 12 volte la posta. In casa Lazio attenzione a Dele-Bashiru, offerto a 6,00, che ha il piede caldo.

Il secondo big match di giornata va in scena al Franchi dove la Fiorentina riceve il Napoli. I toscani, attualmente quinti ma con una gara da recuperare, cercano di invertire la rotta delle ultime giornate visto che non vincono da 4 turni; gli azzurri vanno invece a caccia del quinto successo nelle ultime sei uscite in Serie A. Gli esperti Sisal vedono il Napoli favorito a 2,40, la vittoria della Fiorentina a 3,10 con il pareggio offerto alla stessa quota. Sfida che si giocherà sugli episodi visto che si affrontano le due migliori difese del campionato: l’Under, a 1,65, si fa preferire all’Over, dato a 2,10. Episodi si diceva: un gol dalla panchina, a 2,75, o una rete da fuori area, a 2,50, potrebbero indirizzare il match al pari di un’autorete, offerta a 9,00. Fiorentina-Napoli sarà anche la sfida fra bomber: Moise Kean a segno è dato a 3,50 mentre Romelu Lukaku che sblocca la gara come primo marcatore si gioca a 5,50.

Match delicatissimo quello che vede fronteggiarsi Monza e Cagliari, entrambe alla ricerca disperata di punti salvezza: biancorossi favoriti a 2,45 rispetto al 3,00 degli isolani. Venezia, vincente a 2,30, ed Empoli, tre punti a 3,40, non possono permettersi altri passi falsi al pari del Lecce, dato a 2,60, che riceve il Genoa, blitz a 2,90. La giornata è completata dal Verona, in quota a 3,25, che riceve l’Udinese, successo a 2,50, e dalla sfida tra Torino, a 1,85, e Parma, trionfo a 4,25, che promette spettacolo.

Sisal ricorda sempre che il gioco è vietato ai minori e che bisogna giocare sempre
con consapevolezza e moderazione.

* * *

Sisal è uno dei principali operatori internazionali nel settore del gioco regolamentato ed è attualmente attiva in Italia, Marocco e Turchia, con un’offerta che comprende lotterie, scommesse, giochi online e apparecchi da intrattenimento.

La strategia di Sisal poggia su tre pilastri: la sostenibilità, con un impegno costante sullo sviluppo del programma di Gioco Responsabile e attraverso l’offerta di un modello di intrattenimento sicuro e trasparente - l’innovazione digitale, grazie alla piattaforma di gioco all’avanguardia orientata all’omnicanalità e alle competenze per lo sviluppo in-house di software e applicazioni per cogliere le opportunità della transizione digitale - l’internazionalizzazione, con l’obiettivo di partecipare a gare per aggiudicarsi nuove concessioni all’estero sulla base della solida expertise maturata.

Dal 4 agosto 2022 Sisal è parte di Flutter Entertainment plc, il più grande operatore al mondo di scommesse sportive online e iGaming, con un portafoglio di marchi riconosciuti a livello globale e quotato alla Borsa di New York e Londra.

Sisal Italia S.p.A.

Ufficio stampa: Tel. 347 3649044

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Hong Kong: proudly helping to take China’s aviation...

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Hong Kong: proudly helping to take China’s aviation innovation to new heights

HONG KONG SAR - Media OutReach Newswire - 2 January 2025 - With much fanfare, Hong Kong welcomed the inaugural scheduled commercial flight outside of Mainland China of the country’s first domestically developed and built C919 passenger jet aircraft on January 1, 2025.

The C919 aircraft receives a water salute at Hong Kong International Airport and warm welcome by Secretary for Transport and Logistics Mable Chan (first left).

Operated by China Eastern Airlines, the C919 has taken up a daily round-trip route between Hong Kong International Airport (HKIA) and Shanghai Hongqiao International Airport, marking an historic milestone for the home-grown narrow-body aircraft in accordance with international airworthiness standards, and a new phase for Hong Kong as a global aviation hub.

“We hope that through this scheduled commercial flight, we can bring this historic innovation breakthrough in the Mainland's production of civil aviation aircraft to our Hong Kong citizens, as well as to the international visitors coming to Hong Kong,” said Mable Chan, Secretary for Transport and Logistics.

“We do hope that through this inaugural flight, we can innovate and establish ourselves in civil aviation, so as to demonstrate our position under ‘one country, two systems’ and our advantage of facilitating the Mainland’s achievements to flourish with Hong Kong's position.”

She highlighted three areas where Hong Kong could demonstrate its strengths and advantages. First, aircraft maintenance. HKIA has rich experience and comprehensive ancillary facilities that can fully support the maintenance of China-made aircraft outside of the Mainland. Second, training. The Hong Kong International Aviation Academy is an important aviation training centre in Asia, and is considering expanding its training programmes to cover areas related to C919. Third, aircraft leasing. With a preferential tax regime for aircraft leasing, coupled with Hong Kong’s well-established legal and financial systems as well as being the world’s largest offshore renminbi business centre, the city has an edge in aircraft leasing and can help the expansion of China-made aircraft in the international market through “finance leasing” in the city.

Earlier, Chan thanked the Civil Aviation Administration of China for its continued strong support of Hong Kong, and said the C919 scheduled commercial flights would give more Hong Kong residents “a chance to step on the C919 and experience the remarkable achievements of the nation's aviation development.”

“As an international aviation hub located in the heart of Asia, with half of the world's population within a five-hour flight, and with the newly opened three-runway system (3RS), Hong Kong will continue to capitalise on its unique advantage of connecting the nation and the world under ‘one country, two systems’,” Chan said.

A C919 flight demonstration over Hong Kong on December 16, 2023.

On November 28, 2024, the eagerly anticipated 3RS at HKIA was commissioned, ushering in a new era for Hong Kong’s aviation industry and its role in propelling related economic activities.

With the 3RS in full swing, HKIA, already the world’s busiest air cargo hub, would be able to increase handling capacity by about 50%, to some 120 million passengers and 10 million tonnes of cargo a year by 2035.

More than a city airport, HKIA has evolved into an Airport City and new projects include, among other things, creating an ecosystem for the arts industry, building the AsiaWorld-Expo Phase 2, developing a yacht bay with ancillary facilities and opening a food market for imported fresh food. Indeed, Hong Kong aims to expand the scale of the Airport City by more than double, building a new, world-leading landmark.

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AlphaX DEX Supports USDT Trading of Memecoins on Solana,...

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SYDNEY, AUSTRALIA - Media OutReach Newswire - 1 January 2025 - With the rapid development of the Web3 ecosystem, 2024 undoubtedly marks a pivotal moment in the blockchain industry. This year, Memecoins have transformed from speculative assets into a mainstream cultural phenomenon, becoming a key driver of widespread consensus and wealth transfer. As new issuance models and evolving asset types continue to emerge, the substantial investment opportunities they present have drawn an increasing number of users into the market.

In this trend, Memecoins on the Solana blockchain have demonstrated strong growth potential within the "Memes Supercycle," while Ethereum-based Memecoins continue to experience explosive growth. Furthermore, Base, an emerging public chain, has seen rapid success in the Memecoin space, quickly surpassing many traditional blockchain platforms to become a hotbed for investors. In 2024, classic Memecoins like Doge, Pepe, and SHIB have posted average gains of over five times, while MooDeng and PNUT have seen returns exceeding 100 times. Now, the AI segment is gearing up, with coins such as $ai16z, $Luna, $GOAT, $virtual, and $AIXBT gaining traction. These impressive results highlight that the earlier one enters the Memecoin markets on these chains.

However, despite the immense potential of the Memecoin market, the complexities and barriers of on-chain trading have deterred many new users from participating. From wallet setup and private key management to gas fees, token conversions, and the overwhelming number of trading pairs, these challenges have kept many investors on the sidelines.

To address this, AlphaX.com launched its Memeshot project in early December 2024, aimed at simplifying the Memecoin trading process and lowering the barriers for all users to enter the on-chain crypto market. As a decentralized exchange, AlphaX not only offers a smooth user experience comparable to traditional centralized exchanges, but also becomes the first decentralized exchange to support USDT-based purchases of on-chain Memecoins. This innovative approach makes Memecoin trading more intuitive and convenient, allowing more new users to easily get started.

Notably, AlphaX has demonstrated impressive speed in updates and iterations. In less than a month, AlphaX has already enabled trading Memecoins across three major blockchains: Solana, Ethereum, and Base. This means that users holding USDT or USDC can now directly search for and trade their desired Memecoins on AlphaX, completing transactions quickly without waiting for centralized exchange listing processes. For long-term Memecoin investors, AlphaX undoubtedly provides a more efficient and user-friendly trading platform.

With AlphaX, you can easily seize investment opportunities in these popular Memecoins while enjoying the autonomy, security, and flexibility offered by a decentralized platform. Join AlphaX now, explore your Memecoin trading journey, and position yourself for the next wave of market growth.

AlphaX

AlphaX is a cutting-edge decentralized exchange for perps with up to 125x leverage and will support meme spots in December.

With a strong foundation built by industry veterans and a commitment to user security and satisfaction, AlphaX is your gateway to the future of investment. AlphaX provides 100% on-chain trading with decentralized security, self-custody wallet integration, and a permanent NO-KYC policy, ensuring complete privacy. With ultra-fast transaction speeds and access to high-potential assets, AlphaX is a versatile platform for traders looking for flexibility and reliability in their trading journey.

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