Sugar prices are expected to plummet shortly. It’s great for bakers and soft drink manufacturers, but it’s terrible for everyone else. The following is a breakdown of how it works. Electricity is becoming a more environmentally friendly alternative to fossil fuels for cars throughout the globe. This has begun to show in Brazil, which is the world’s biggest user of sugarcane-derived ethanol.
Brazil began utilizing ethanol as a fuel in the 1970s. It burns cleaner and improves the fuel efficiency of cars. In the 2000s, the demand for ethanol skyrocketed.
However, things are changing. According to Bloomberg, by 2040, ethanol consumption is expected to decrease to 40% of the present levels. As a result, the cane will almost certainly be utilized to create more sugar rather than ethanol. As a result, prices have plummeted.
On the other hand, India has set a goal of having 20 percent ethanol-blended gasoline by 2025. To meet the objective, it intends to expand biofuel output, with at least half of it coming from non-sugarcane sources.
Zoom
Scott Galloway, a famous professor at NYU, forecasted the post-pandemic future of education and Zoom last year. He previously said that collaborations between big tech firms and top institutions would enable the latter to “dramatically” increase their enrollment. That is precisely what has occurred. According to Bloomberg, business schools will continue to use Zoom long after the epidemic has passed.
What the future may hold:
- Hybrid classrooms: Participants with childcare responsibilities may choose to attend Zoom courses, making education more accessible to a broader audience.
- Teaching techniques are evolving, from asynchronous delivery of study materials to dividing courses into smaller groups.
The main benefit of Zoom is its accessibility. It has made it simpler to maintain alumni relationships, allowed for additional guest lectures from business leaders, and aided graduates in returning to take optional courses. The days of dismissing remote learning are gone.
The holiday season is coming to the rescue of the economy!
A rush of activity across the board seems to portend a V-shaped economic rebound. Companies are cleaning up showrooms and stocking up on inventory, expecting a demand surge now that the second wave of Covid-19 infections has passed. In the meanwhile, the Monster Employment Index for May increased by 1% over the previous month. Approximately 45 percent of the sectors allegedly expressed a desire to recruit.
Automakers with closed plants are resuming production, and more than 20,000 of the 25,000 retail shops have reopened. Customers have returned, and purchase cancellations have decreased substantially, according to the company. Grocery stores have started replenishing their shelves, with reports indicating that inventory levels are two-thirds of what they were before the epidemic. In May, it was less than a third of that.
Companies are also beefing up ad expenditures for major campaigns beginning in July, focusing on the festival season, which starts in August and runs through the New Year. According to the Economic Times, ad expenditure would likely increase by 20% in 2020 compared to 2019, with the consumer electronics, telecom, FMCG, auto, and e-commerce industries leading the way.