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TOKYO (Reuters) – Nearly 36,000 Japanese companies have chosen to discontinue their business so far this year, mainly due to the hit from the coronavirus crisis and up sharply from a year ago in a sign of the pain the pandemic is inflicting on the fragile economy.
The total number of companies closing businesses, without going through bankruptcy procedures, may top 53,000 by year-end. That would be the most since relevant data became available in 2000, Tokyo Shoko Research said on Wednesday.
“With the pandemic expected to be prolonged, an increase in companies that discontinue business is unavoidable,” the think tank said in a report.
The number of companies that discontinued business stood at 35,816 from January through August, up 23.9% from the same period of the previous year, according to the report. That would make up roughly 1% of the 3.58 million firms in Japan.
Of the total, 31%
After his company got a boost from his appearance on ABC’s “Shark Tank,” Colorado entrepreneur Anthony Franco said the business has continued to grow despite the coronavirus pandemic.
The company, mcSquares, has quadrupled the size of its physical operations, expanding into a 25,000-square foot building in Thornton. Franco, founder and CEO of the startup, said the 600% growth it reported in the first quarter of this year has continued.
In addition, the company has landed a deal with the Novi School District in Michigan that will put its personal whiteboards in the hands of more than 6,000 students and teachers. The company makes a line of products that includes dry-erase tablets, desktop white boards and a type of reusable sticky note that doesn’t use adhesion, designed for use in classrooms and corporate meeting rooms.
Franco said teachers and students are using the personal whiteboards during online classes and sharing their
Global Tank Container Shipping Market: COVID-19 Business Continuity Plan | Evolving Opportunities with Bertschi AG and Bulkhaul Ltd.
The global tank container shipping market size is expected to grow by 42.24 thousand teu as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of 1%. Request Free Sample Report on COVID-19 Impacts
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Technavio has announced its latest market research report titled Global Tank Container Shipping Market 2020-2024 (Graphic: Business Wire)
Read the 120-page report with TOC on “Tank Container Shipping Market Analysis Report by End-user (Oil and gas, Chemical, and Others) and Geography (Europe, APAC, North America, MEA, and South America), and the Segment Forecasts, 2020-2024”.
The market is driven by the growth in seaborne
NYU’s Center for Social Media & Politics: A think tank for a frightened ruling class
12 September 2020
At the end of 2019, New York University (NYU) launched an elaborate academic research center, the Center for Social Media and Politics (CSMaP), set to “examine the production, flow, and impact of social media content in the political sphere.” This new initiative is an extension of, and now houses, NYU’s Social Media and Political Participation Lab (SMaPP), launched in 2012.
The establishment of the center at NYU, a private elite university with close ties to the state, reflects the ruling class’s increasing concerns over the political effects of social media, which enable the free exchange of ideas, including growing oppositional views not found in mainstream media, and the organization of mass protests independent from bourgeois political parties and organizations.
Voicing this concern, a 2018 report published by the Atlantic