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The China International Exhibition On Label Printing Technology .
The 3rd edition of Sugartech Indonesia 2017 is Indonesia’s largest specialized sugar and bioethanol technology event that brings together an international congregation of sugar companies and also its supporting industries gathered in the city of Surabaya, Indonesia to showcase the latest developments in the world sugar and bioethanol industry. In September last year, Ningbo Techmation, a Shanghai-listed producer of machinery for the plastics industry, launched a subsidiary, E-Deodar, making robots that are 20-30 per cent cheaper than those produced by international companies such as ABB, Germany’s Kuka or Japan’s Kawasaki. Having spent his formative years as an artist in New York in the 1980s, when Warhol was a god and conceptual and performance art were dominant, he knows how to combine his life and art into a daring and politically charged performance that helps define how we see modern China. Private schools such as Carnegie Mellon University, for example, may be able to offer state-of-the-art robotics laboratories to students, but the same cannot be said for community colleges and vocational schools that offer the kind of training programs that workers displaced by robots would be forced to rely upon. Last year’s acquisition of German industrial robot leader Kuka for $5 billion by Chinese appliance-maker Midea, and this week’s offer by Intel to buy Mobileye — a leader in autonomous-car AI software — for $15 billion, are only the beginning of a new wave of acquisitions. Intended as the showpiece of Indonesia’s industrialisation strategy, it has become a symbol of everything that is wrong with it. In recent times, an average of five factories a year have left the industrial park for other countries and the number of people employed there has dropped to just 46,000, from a peak of 80,000 in 2000
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After a rough 2016, a currency prognosticator at a major investment bank says he expects more pain for the Canadian dollar next year, predicting a low of around 65 cents US in the next 12 months. The market has been very well supported since basing out ahead of 1100 in 2016, putting in a series of higher lows and higher highs. This latest break to a fresh 2017 high confirms that next higher low in the 1215 area and opens an upside extension towards the 2016 peak at 1375 further up. At this point, only a break back below 1215 would compromise the constructive outlook with setbacks ideally seen well supported in the 1230s.
I’m not panicked. Just bored with hearing breathless fucktards telling us Russia and/or China are going to back their currency with gold. No, they’re not; not willingly, at any rate. And no, their CBs buying gold is not evidence they’re going to back their currency with gold, either.
Almost overshadowed by the Fed’s rate announcement, the US will release key consumer numbers later on Wednesday. Retail Sales, the key gauge of consumer spending, is expected to drop to 0.1%. On the inflation front, CPI is projected to remain at 0.2%. On Tuesday, PPI dropped to a flat 0.00%, down from 0.5% a month earlier. Will CPI follow suit and lose ground in the May report? If so, the dollar could lose ground against major rivals, such as the euro.