Panama Canal faces key decisions amid climate impacts
The lush landscape of El Zaino y La Arenosa in western Panama, home to farming and fishing communities, may soon be flooded by a man-made reservoir designed to keep the Panama Canal safe The future under worsening drought conditions. The proposed $1.6 billion Indio Dam project, led by the Panama Canal Authority, aims to ensure a sustainable water supply from the canal locks, but not without significant trade-offs, including the displacement of thousands of residents and environmental concerns. Also read: Panama Canal makes $3.45 billion profit despite drought reducing shipping Communities in transition Tres Hermanas is a small town with farms, schools, churches and clinics, and dozens of communities will be relocated if the project goes ahead. Residents are divided: some demand fair compensation, others are determined to stay. As seen in previous projects, community opposition poses a potential risk to the approval of the dam. "We were born and raised here. If we leave, it will not be because…
Lingering pandemic impacts – interest in supply chains
Supply chain and information systems undergraduate and graduate courses have surged in popularity since 2020. Professors across the country have noted that the pandemic has fueled students' interest in how goods move from factories to store shelves and the complex interplay of moving parts. between. Also Read: Dynamic Pricing Models in Supply Chain Management: Adapting to Market Fluctuations and Demand Changes It has been four years since the COVID-19 outbreak broke out, but its impact is difficult to eliminate. While the pandemic has primarily affected older adults and those with pre-existing conditions, it has also dramatically altered the high school experience for teens, who must adapt to virtual classrooms and navigate the social and economic upheavals around them. While an infant formula shortage or toilet paper crisis may not change the lives of most high school students, even in the United States, the occurrence of such shortages gives this generation a unique perspective. The University of Tennessee, Pennsylvania State University,…
Hurricane Milton impacts southeastern U.S. ports reopening
After Hurricane Milton devastated Florida, Georgia and South Carolina, the U.S. Coast Guard reopened several major ports in the region. Also Read: As strike concerns ease, freight forwarders turn attention to hurricane aftermath Milton initially made landfall on Florida's Gulf Coast as a Category 3 hurricane, causing widespread damage, before moving across the state and regaining strength over the Atlantic Ocean. As recovery efforts ramp up, federal, state and local agencies continue to assess the storm's impact. Due to advance planning and coordination by NOAA, the U.S. Army Corps of Engineers, the Florida Department of Emergency Management and other agencies, multiple ports resumed operations on October 10. Reopened ports include: 1. Florida: Key West, Port Everglades, PortMiami and Miami River2. Georgia: Brunswick and Savannah3. South Carolina: Charleston and Georgetown Additionally, the Coast Guard Sector St. Petersburg Port Captain announced the reopening of the Port of Tampa and Manatee Seaport, albeit with operating restrictions in place. Federal pilotage activities - such…
A guide to the tax impacts of 2024
India introduced GST in 2017, which had a huge impact on the automotive industry. The selling price of a new car has changed dramatically. GST is a single indirect tax that replaced multiple taxes such as excise duty, value-added tax and central sales tax, simplifying the tax structure and directly affecting the final cost of a vehicle. Understanding Goods and Services Tax (GST) Before discussing the impact of GST on the price of new cars, let’s first have a brief understanding of what GST is. GST refers to the consumption tax levied on the supply of goods and services in India. Goods and services have a floating tax rate under GST. This depends on the type of goods and services. In the case of car prices, it depends on many factors. Such as the engine capacity, length of the car, and the type of fuel used. Also read: The Ultimate Guide: Buying a New Car 2024 GST rates for automobiles…
New report shows organizers excited about ESG impacts
The Meetings Industry Association (MIA) June Insight Report surveyed 185 UK event organisers and venues. By Casey Gale The events industry remains in a challenging environment, with planners continuing to face a range of challenges, from budget cuts to the impact of extreme weather events due to climate change. However, more than three-quarters of planners still believe that the industry will not be bogged down by logistical challenges and will promote creativity and innovation. That’s just one of the findings from the Meetings Industry Association’s (mia) June 2024 Insights Report, which surveyed 185 UK event organisers and venues. Another highlight: more than half of organisations said they were investing more in their business today than they did 12 months ago, with 81% investing in sustainability initiatives; 73% in technology; 61% in marketing; and half of respondents investing in fit-out and equipment. “We are pleased to see so many organisations continue to invest in growth, which speaks volumes about the confidence…
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