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Sustainable tourism in the Bahamas is critical for its long-term recovery by Adrian Fox

Elliot
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Sustainable tourism in the Bahamas is critical for its long-term recovery by Adrian Fox

This week, the Bahamian Ministry of Tourism and Aviation became a member of the Global
Sustainable Tourism Council, an important step towards setting sustainable tourism as a building
block for recovery and resilience building. Alongside the new approval of $100 million’s worth of
funding by the World Bank to the Bahamas’ COVID-19 Response and Recovery, we can finally look
forward to a positive future for our nation and its post-COVID resurgence.

The Global Sustainable Tourism Council aims to increase global awareness and recognition of
sustainable travel and tourism practices through the use of Global Sustainable Tourism Criteria.
These criteria are organised around the four pillars of sustainable tourism: 1) effective
sustainability planning, 2) maximising social and economic benefits to the local community, 3)
reduction of negative impacts to cultural heritage, and 4) reduction of negative impacts to the
environment.

With the World Bank revealing that the Bahamas has suffered “one of the most severe economic
contractions in the Caribbean”, with an estimated 16.2% contraction due to the halt
in tourism accounting for 60% of the country’s GDP, the restart of the country’s tourism sector
cannot come soon enough. The commitment by the government to prioritise sustainable tourism
will be vital for its short-term economic recovery and long-term economic growth.

Hurricane Dorian, which struck the Bahamas in 2019, caused $3.4 billion worth of damage to our
nation, killing 74 people and leaving hundreds more missing. The hurricane stripped about 20%
worth of the tourism business from the country, and we have struggled to get our economy back
on track amidst the added fallout from COVID-19.

The United Nations called for the modernisation and diversification of the Bahamian economy
back in March, with it noting the responsibility of the country to “work towards a sustainable
tourism model which encourages eco-tourism through small-scale and boutique establishments,
including community-based homestays which can have a more positive impact on the local
economy”. The decision by the Bahamian government this week shows commitment to doing just
that.

Small-scale and boutique establishments are critical to the future of the economy. As the founder
of a Foundation which focuses on the empowerment and education of Bahamian people, I very
much back the emphasis placed on small-scale operators and the contribution they can make
towards reversing the fortunes of our nation. Whether in responding to the immediate damage of
a natural disaster, as our foundation did, or helping to build the long-term platform for economic
resilience – small-scale establishments can very much be at the core of nationwide change.
There are many out there who argue that tourism is an industry beset with negative problems,
causing pollution and overcrowding, particularly in small countries like the Bahamas. Yet in many
instances, tourism can bring about positive change for local residents. Managed sustainably, it can
even do so while avoiding the negative aspects.

Sustainable tourism can and will bring enormous benefits to local communities, something which
very much aligns with our priorities at the Fox Foundation. We are always looking for new ways to
bolster community building and bring about positive change, and the sustainable development of
our tourist sector will promote economic development, job creation and infrastructure
development to improve the standard of living for our local communities.

The Bahamas has long been one of the most eco-friendly destinations in the world, with our
country home to many endangered species and important natural environments. The
conservation of our endangered species is as important to our nation’s wellbeing as the
conservation of its tourist industry. Sustainable tourism allows us to do both.
As a Bahamian, it brings me great pride to see our country taking the necessary steps to improve
our economy and lay the foundations for future generations. A sustainable tourist industry will
bring about lasting improvement to the lives of all Bahamians, and help place our country at the
forefront of what tourism should look like across the region, and maybe the world.

Sareb Confirms Javier García Del Río As New President

ABC Staff
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Sareb Confirms Javier García Del Río As New President

As announced at the beginning of the month, the board of directors of Sareb , the bad bank that received the toxic real estate assets of the banks rescued in the previous crisis, has unanimously approved this Wednesday the appointment of its hitherto CEO, Javier García del Río , as the new president to replace Jaime Echegoyen , who submitted his voluntary resignation “for personal reasons” three weeks ago .

García del Río, who joined the company in February 2020 as deputy general director to the president and was appointed CEO in October, is an industrial engineer from the ETS de Ingenieros de Sevilla and has “extensive experience in the recovery and implementation of value of non-performing loan portfolios (NPL) and real estate assets, “according to the company in a note

“At Sareb we face this new stage with renewed responsibility in order to maximize the capacity to generate cash and pay off the debt guaranteed by the State . We will continue to pursue this goal with expert management and efficient spending.

This economic objective must be compatible with the social utility of our activity, obtained through the retail sale – to individuals and industrial companies – of our assets, and also the development of partnerships in the field of affordable and social housing ”, the executive

On the other hand, the Sareb shareholders’ meeting held this Wednesday has approved the 2020 accounts (1,073 million euros in losses, 13.3% more) and has given the green light to the conversion into capital of 1,430 million euros of subordinated debt to avoid being in a negative equity situation. After this operation, the firm’s own resources stood at 587 million euros of capital at the end of 2020.

Accumulated losses
The change at the top comes a few weeks after Eurostat, the community statistical office, forced Spain to include Sareb within the public sector. This has raised public debt by about 35,000 million euros and has caused the financial aid item for the 2020 deficit to rise to 9,878 million .

As a consequence of this, the Government is negotiating with the other shareholders of the firm, mainly banks, to take full control of the company, of which the State is the first shareholder but with a 45.9% stake, according to what he advanced ‘ The confidential’.

The company accumulates losses in all its years of life, despite the fact that the Rajoy Executive assured that it would have an average annual profitability of 13%. From the beginning it was proven to be false .

The main problem is that the more than 200,000 assets he received were valued by Oliver Wyman at an excessive price, which benefited the nationalized banks, since it avoided causing an equity hole even greater than they already suffered, but it has hurt the bad bank , which has been unable to sell its loans and properties at market prices to avoid suffering even greater losses.

The current government, in fact, has opened the door to extend its life beyond the closing in 2027 to prevent the bill for public accounts from rising further.

How to Look After Expensive Phones

Claire James
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How to Look After Expensive Phones

When you’ve spent a large sum of money on a shiny new phone, you want to make sure you’re doing everything you can to look after it. Whilst it may not look new forever, if you’re in a long contract with your phone provider, you’ll want to ensure that it endures the course of that contract. If you then want to be able to sell the phone when you want a new one, faults should be kept to a minimum.

Companies like Apple and Samsung are continuously rolling out new phones. The specific maintenance each device needs may differ, but there are fundamentals that will apply no matter what brand you own.

Here are some essential tips to help you care for your phone.

Keep it Protected

If you don’t already have a protective case, you need to invest in one. The price is low compared to what you’ll have just paid on your device, and ultimately, it will save you money in the long run if you end up shattering your screen.

Many phone users avoid buying a case as they prefer the way it looks without one. But will you really prefer it if it looks smashed? You can find cases in an array of colours and styles, so if you’re worried about the aesthetics, you can do some browsing and buy one that appeals to your tastes.

As well as cases, screen protectors are worth their weight in gold. This provides a shield, that is barely visible, which will protect your phone screen. Screen protectors do not impact the phone’s usability and are very inexpensive.

Consider the Weather

If you experience cold temperatures where you live, or are going to be exposing your device to the elements during winter, then you need to be wary. Low temperature has often been an enemy for phones and can cause them to stop working altogether. A common occurrence is that it will cause the battery to decrease at a much more rapid rate.

Whilst the battery life may not be a big worry for you, the actual phone chip on some handsets can condense, which would require a more significant fix at a phone repair shop.

If you are going to be out in the cold, ensure you keep your phone warm in your pockets and avoid getting it out too much.

Warm weather can also impact your device. If you’ve ever been out sunbathing and had your phone on display, you may be familiar with the overheating warning. To prevent this happening, keep your phone hidden away in the shade.

Charge It Correctly

Consistently letting your phone lose its charge will impact how long it lasts. Most smartphones should start charging at fifteen percent. If you’re out without access to a charger and want to prolong battery life, consider battery saving tips such as using auto-brightness, muting notifications and closing apps that are running in the background.

You should also be wary of using low quality chargers. If possible, stick to the branded ones or choose another supplier that you know is reliable.

Clean Up the Junk

Phone memory needs to be cleaned from time to time. The longer you keep the device, the more junk it will accumulate as you download more information. Freeing your phone’s RAM is also very important as it will reduce bugs and glitches.

Keep it Clean

Expensive phones often carry a higher price tag when they have large touch screens. This feature has made certain devices extremely popular. Naturally, the larger your screen is the more likely it will be to collect scratches and stains. If you have a screen protector, make sure you are regularly wiping it down to prevent dust getting stuck down the sides.

Dust can also easily get stuck in your charging port and speakers. In some cases if a lot of dirt is in there, or it’s been dropped in water and has become waterlogged, you will need to take it into a phone repair store to get it properly cleaned.

Nowadays most protectors come with a small microfiber cloth which can quickly wipe away any dirt. Make sure you keep hold of this and utilise it when needed. Wet wipes can also be a great choice.

If you do have a phone case, then this will help to add another barrier against any spillages.

Store Your Phone Safely

Find a safe spot for your phone when you are not using it, especially if you’re working in a busy environment. Leaving your phone in an open environment will not only increase the chances of it getting knocked onto the floor, but it will also make it much more likely to get stolen. If you can keep it locked away somewhere whilst you are working, or safe in a zipped pocket whilst you’re out in public, you should be able to avoid thieves.

Phones can also overheat when charging and in rare cases, some have even caught fire. This is just something to be cautious of when leaving your phone to charge on its own.

Update Your Apps Regularly

If you keep all of your apps up to date, you’ll find that your phone will work faster. These updates are essential for fixing bugs and improving usability. Most devices do update apps automatically, but if yours doesn’t, you need to make sure you’re visiting your app store and doing them manually.

The core system update for your phone is also essential. When you receive a notification that a new update is available, let it run as soon as possible so you can keep your phone running as quickly as possible.  

Conclusion

If you want to avoid replacing your phone and taking it in for repairs, make sure you look after it properly. As soon as you make the purchase, get a case to go alongside of it so that it’s not without protection. In the event that you do smash the glass, have it looked at promptly to ensure the damage doesn’t worsen.

Problems With Cheap Light Therapy Devices

Sam Allcock
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Problems With Cheap Light Therapy Devices

Among all the therapies out there, bright light therapy has become the most popular one in recent times. In fact, light therapy has brought a revolution in the world of therapy with the manifold benefits it provides to the users. You can deal with many different issues by going through light therapy such as skin problems, muscle recovery, muscle building, hair loss problems, pains, injuries, sleeping problems, even mental health problems too. Many different pieces of research conducted over the years have let us know about these amazing benefits of light therapy. You can easily get light therapy at your home all by yourself by using a light therapy device.

Based on the wavelength and color of the light, light therapy can be of different types, such as red light therapy, blue light therapy, amber light therapy, white light therapy, etc. Lights of different colors deal with different sets of issues. And based on that light therapy devices can be of different types. And as said earlier, these light therapy devices can help you deal with many various issues, both mental and physical, and all these usefulness of light therapy have made light therapy devices very desirable to people. And many people have started getting light therapy devices for themselves to get the therapy at their home, for which these devices are in high demand in the market.

There are light therapy devices of many different brands available in the market, and the prices and qualities of these devices vary hugely from one another based on their types and brands. Big light therapy brands such as Bueur, Platinum Therapy Lights, Mito Red Lights, Verilux, Carex, Joov, Neutrogena, Northern Lights are mainly popular in the industry, and most people go for the devices manufactured by these and other similar types of brands. But there are also other manufacturers available in the industry, which you can go for. But not all light therapy devices out there are of good quality.

If you go for a light therapy device of not so good quality, you won’t be able to get your desired result regarding your issue from the device. The therapy might also take away a longer time than usual to provide the expected results. Anyway, there are many ways of knowing if a light therapy device is of good quality or not. Many of the customers are always looking for affordable options, which they obviously should, as going over the budget for getting something isn’t everyone’s cup of tea. You’ll have to make a budget and then find a device that suits your needs and preferences well.

But devices of most of the popular light therapy brands cost a lot, in fact, light therapy devices are quite expensive in general. But some manufacturers claim to provide all the said benefits through their devices for such a low price. They sell cheap light therapy devices and claim that they’ll work as good as the expensive ones. But the thing is, most cheap devices aren’t able to provide the desired benefits. To make the device cheaper, and more affordable for most people, the manufacturers of the cheap devices have to compromise on many different things. Many people might go for them as they’re affordable options, but in the end, they might not be of much use. In many areas, they can be problematic, and overall, they won’t even provide the value for the low amount you paid. Let’s have a look at the problems with cheap light therapy devices.

Durability

The main problem you’ll face with cheap light therapy devices is that they won’t be much durable. The product will be manufactured using cheap materials, which won’t be able to hold on for long. The durability of the device is really important, as you might want to use it for a long time, and want to carry it with you to different places. And without durability, these will be hard to pull off. Your cheap device might break or get damaged due to minor inconveniences.

Light Strength

Light strength is a really important factor for light therapy devices, as the light has to be really strong so that it can mimic the sunlight, and penetrate human skin as well as muscles and bones. But if the light doesn’t have much strength, you won’t get the needed result. And in cheap devices, the strength must be below the mark, as strong light-emitting diodes are expensive. No way anyone can sell devices at cheap prices after using expensive up-to-the-mark diodes. So, cheap devices won’t provide the necessary light strength.

Features

Cheap light therapy devices won’t definitely provide as many features as the expensive ones. Portability and many other features might get excluded from the cheap devices.

Treatment Options

Cheap devices don’t provide as many treatment options as expensive ones can provide. A single light therapy device can provide treatment for many different issues, also can emit multiple colors of light, which is not an option with the cheap ones.

Effectiveness

As said earlier, due to not having enough light strength and treatment options, cheap light therapy devices won’t be much effective for dealing with different issues as per the needs of a user.

Final Words

So, even if expensive light therapy devices might be a little tough to afford, you should go for them if you can manage to do so. Cheap light therapy devices won’t be of any good ultimately, so your money will get wasted anyway. So, make sure to get a good quality device so that you can get the perfect result, and even if that’s expensive, you’ll get the perfect value for your money.

Tips And Tools To Develop A Mobile App For iPad

Sam Allcock
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Tips And Tools To Develop A Mobile App For iPad

Notebooks and desktop sales reduced extremely after iPads came into the picture. iPad development takes a mixture of creativity, proficiency, frameworks. If you’re going to develop an app for iPad, but not sure where to start, this is the guide for you! Here you’ll find tips and tools to help you feel confident about the app-making process as there are a ton of available tools and services to start with. That doesn’t mean it will be easy, but if you have a good idea you can become successful. To know how successful you can be you should try.

Apple Development Tools

Xcode is an official development platform of Apple, which can be freely downloaded. Xcode application provides an integrated development environment that actively assists you in your development tasks. You could put your apps up for sale only with a developer’s license, however, you can analyze the environment and understand how long it might take to get up to speed.

Apple established the Swift programming language to replace Objective-C. Swift is a much faster platform than Objective-C.

Another Development Tools

There are some of the most popular third-party tools that may prove useful if you want to develop for both iOS and Android or if you’ve never programmed in C or if you need a platform designed for building games. In that case, there are lots of great alternatives to Xcode.
Here are some of the tools you can use for iOS app development:

UNITY

Unity is a powerful cross-platform 3D engine. It is easy enough for the beginner and powerful enough for the expert and mainly used for developing 3D games, but know you it supports 2D. It is used for different operating systems such as Android, macOS, Windows, IOS, Linux, Xbox, and PlayStation.
Unity should interest anybody who wants to create a game on multiple platforms easily, as it has instruments to help you build your game. On the other hand, it isn’t quite as rapid-development as some of the competition.

PHONEGAP

PhoneGap is one of the most popular and used distributions of Apache Cordova. A lot of developers still use Cordova because it’s simple and they can build applications with no knowledge of mobile technologies.

Web developers will be focused on PhoneGap, which uses CSS3, JavaScript, and HTML 5 to develop mobile applications. PhoneGap produces apps for all popular mobile OS platforms such as Android, iOS, and Windows. The developer does not require to know mobile programming language but only web-development languages like HTML, CSS, and JScript to develop apps using PhoneGap.

Both Cordova and PhoneGap are supported by multiple libraries and plugins which can advance the software solutions. Cross-platform development is always cheaper than the native one so that can be one more reason for its popularity.

ADOBE AIR

Adobe Air can be used to develop applications and games with possibilities including multi-window business application support, hardware-accelerated 3D graphics framework, and multimedia and streaming video capabilities. Adobe uses CSS, HTML JavaScript, and ActionScript to build applications. It permits deployment on Android or iOS mobile platforms, and Windows or macOS desktop platforms.

CORONA SDK

The Corona SDK is a cross-platform development framework, best to build 2D games and apps. Corona SDK uses a Lua scripting language, which is easy to learn, as a development language and then re-compiles to Objective-C. And because LUA is quicker to write, it is possible to build apps much faster. That’s why many developers, who are interested in 2D mobile game apps, like Corona SDK.

You can use Corona for macOS and Windows application building, but it’s impossible to build Xbox and PlayStation applications using it.

MARMALADE

Marmalade SDK is a cross-platform game development tool that enables developers to deploy code across multiple devices from a single base. Marmalade contains a lot of tools required for the development and testing of mobile applications. It provides a full native development environment for coding in C++, but there are two ways to provide a change-over to the SDK base: Marmalade Web, which uses HTML 5, Javascript, and CSS 3; and Marmalade Quick, which uses LUA. Marmalade will be interesting for developers who work with 2D and 3D games.

Define Your Aim and Adapt the Best IOS Practices

At first download an app similar to the one, that you’d like to develop. Then you’ll get an idea of the competition. Remember there’s no need to fix what isn’t broken. Notice to both what works and what doesn’t. There are more than 1 million apps for Android and iOS, so building something that hasn’t been done before is nearly impossible. Learn the key characteristics and mistakes of your competitors.

You should also take a pen and a piece of paper. By developing sketches you are laying the foundation for the interface of your future app. It’s not the same to develop a graphical user interface (GUI) for the PC or the web and the iPhone and iPad. You will need to take into account the lack of a mouse or physical keyboard, the limited screen space, and the use of the touchscreen.

There is a great marketplace for designers called Dribbble. Designers use Dribbble to showcase their work to others for feedback and to get inspiration from fellow artists. It is a great place to look for ideas about design and implementation.

This is also the right time to look into the technical aspects of your app. Marketing and monetization are two other important points are.

Test Your Prototype

Revert to your wireframes and ask family, colleagues, or professionals to help you review your prototype. You should ask about honest feedback to identify flaws and dead-end links. The most important aim is to concretize your app concept first, and then go into the design process! And remember, the clearer the prototype from the start, the better.
Customize The Design:
IOS and Android are the two main operating systems in the market. Make sure that your app complies with both Android and IOS terms and conditions and their system policies. You can also try custom application designs.

More Haste Less Speed

You don’t have to jump directly to your great idea. Start small if you know the app you have in mind may take months and months to build. It’s a good idea to separate some of the characteristics you want to contain in your app and build a similar, smaller app that contains those characteristics.

You’ll see that every second time you program a feature it always works much better and loads faster than the first time. This will allow you to try out outside of the project rather than making great mistakes working on your idea.

Even playing around with a feature in a separate project is a good way to learn to understand how to implement a marketable app in your head project.

There’s not a lot of difference between a really good idea and a really bad one. Really good idea and really bad idea do not differ at all. You can discuss it with your colleagues, and friends, make a market research to be well planned in advance. After that, you can improve your idea.

Just start

It is important to have strong knowledge and good experience. You can start with something simple and not complicated to get that experience. It’s not easy to submit and get approved your app so equip yourself with patience.

Top 5 Benefits Of Outsourcing Manufacturing And Product Development To China

Sam Allcock
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Top 5 Benefits Of Outsourcing Manufacturing And Product Development To China

Businesses around the globe share a common challenge of developing and introducing their products to the market effectively and on time. However, manufacturing a large number of goods requires a heavy investment in production sites, machinery, and labor. For businesses that don’t have the operational capacity to carry out these processes in-house, aim to reduce costs, or increase production, outsourcing to countries such as China can be highly beneficial.

China has secured its rank as the world’s leading manufacturing country for the 11th year in a row, accounting for nearly 30% of global manufacturing. Hence, it is no surprise that even the biggest brands worldwide continue to outsource their manufacturing efforts to Chinese factories. They get the benefit of having their goods built overseas at incredibly low costs, and in many cases gain access to the booming Asian market.

Compared to many of its neighboring countries, China has throughout the years retained its position in the low-end industry segment. However, Chinese manufacturers are also known for the production of higher-value products across industries, high-quality product development, including industrial design, research and development, and prototyping. In fact, many renowned product developers turn to CNC machining China-based services since few other countries can provide the same efficiency conditions regarding quality and cost. 

Below we have summarized the top five benefits of outsourcing manufacturing or product development to China.

Lower Costs

Labor is without a doubt one of the largest expenses for manufacturing and is, therefore, one of the main benefits of outsourcing to China. The costs of labor in China can drop by as much as 80% compared to the costs in a company’s home market, leading to a dramatic change in profitability.

Apart from lowering labor costs, outsourcing to China can help you realize significant long-term cost reductions. By outsourcing your production, you outright eliminate the need for a production plant, which requires a substantial initial investment for the building and equipment, along with continuous real estate maintenance costs, such as property taxes, insurance, utilities, and other expenses. For small or medium-sized companies, investing in in-house factories, such as CNC machining facilities, is usually not a cost-efficient option.

The production cost of your products will directly impact its price, which is a common factor that consumers consider when shopping. If your product is of the same quality as your competitor’s, but it comes at a lower price, you will likely attract more consumers. That way, outsourcing allows you to have a certain level of favorability in the market that you would otherwise not be able to attain.

Enhanced Efficiency

Due to its huge population, China is abundant in manpower, and, as mentioned before, has cheaper labor costs. Compared to domestic factories in other countries that are limited in capacity and time, Chinese factories have a high ratio of potential employees at their disposal. 

Especially for mass-market products, being able to hire more people to meet volume-demanding production will ensure that you have enough supply to maintain your projected sales. This is also true if a business decides to have shorter production cycles, in which case a manufacturing facility in China can deliver higher output in a shortened time frame. 

Flexibility

For a business to grow or maintain its competitiveness, it needs to remain flexible in its offerings. However, to offer new products before its competition, a business must have the time and resources to invest in innovation. Outsourcing product development can provide the necessary skills, abilities, and technologies, without the need for hiring new labor or machinery.

Similarly, the provided flexibility to scale up or down in response to demand is another benefit of outsourcing manufacturing to China. If a sudden increase in demand requires increased production, your business can quickly respond with larger production volumes. This will allow you to manage your supply chain effectively to meet consumer demand and retain your competitiveness in the market.

By having a flexible and scalable approach, your business can successfully adjust to the ever-changing conditions of the market, and respond easily to changing business priorities and requirements.

Production Expertise

Due to years of experience in efficient and high-volume production, you can certainly expect Chinese factories to deliver quality results. They will work closely with you to make sure the entire process meets your standards.

Firstly, the managers responsible for establishing the production process will be familiar with all of the local regulations and operation requirements, enabling non-local businesses to operate efficiently from day one. Secondly, you can expect utmost reliability from the Chinese plants when it comes to their supply chain and operations, as well as their highly trained employees that will be familiar with all the work requirements. All in all, Chinese factories aim to please their clients, so you should expect high-quality products and prompt delivery.

China is also known for industry specialists that conduct product development in the country. Well-established companies have been employing award-winning industrial designers with significant experience in the China manufacturing process.

Market Expansion Opportunities

With the world’s largest population, China offers the undeniable advantage of a booming economy where consumers are hungry for all kinds of products. Entering the Chinese market can be difficult, but an outsourcing agreement can significantly reduce that difficulty.

Since China is passionate about brands that cross its borders, relationships in the local market significantly increase the likelihood of success for companies that outsource their production there. Businesses can therefore diversify their reach by establishing a supply chain and local marketing efforts. They are also able to hire experienced local employees that can assist with bureaucratic and operational requirements that they will otherwise have a hard time tackling.

Another important factor to consider is that there will be no need to ship the goods from overseas because your production facilities will already be in China. With over 1.4 billion potential consumers in your proximity, there is a huge opportunity for business growth and positive returns.

Final Words

With China being the global leader in manufacturing due to its highly efficient production, many businesses already reap the benefits of having their manufacturing or product development outsourced to China. The top 5 benefits of outsourcing production efforts to China include:

  • Lower costs;
  • Enhanced efficiency;
  • Flexibility;
  • Production expertise;
  • Market expansion opportunities.

Although outsourcing your production efforts to China may not necessarily be the right option for your business, it is important to take into account the factors mentioned above. Whether you are manufacturing consumer goods or carrying out CNC machining for product parts, outsourcing your efforts to China is likely to bring long-term benefits to your business.

Generate Daily Profit Using the Bitcoin Up Software

Sam Allcock
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Generate Daily Profit Using the Bitcoin Up Software

Trading on cryptocurrencies has turned out to be a multibillion-dollar business, and the market has been on the fast-track mode in terms of expansion in recent years.

This growth and expansion of the crypto market have resulted in more investors are getting interested in trading on Bitcoin and other cryptocurrencies.

Despite the fast growth of the crypto market, the major barrier is the lack of knowledge and understanding of this complex market and how to analyse the price fluctuations for profitable trades.

Luckily, this obstacle has been removed by several automated trading apps available in the market. Out of those apps, one of the best is the Bitcoin Up software.

Things You Should Know about Bitcoin Up

Bitcoin Up is an automated trading app or software that has been designed to help its users earn large profits every day by trading on Bitcoin and various other cryptocurrencies.

The Bitcoin Up system has already developed a reputation for itself in the world of crypto trading, providing users the easiest way to trade on Bitcoin and generate consistent income.

Things that make the application attractive are that investors need not have any Bitcoin trading knowledge to use the system to trade on crypto tokens. However, for better understanding, you can still learn crypto and Forex trading.

Even beginners can easily open an account and start trading after depositing a minimum amount.

Many experts and existing users have reviewed this software and confirmed that it works. Those online reviews show that the Bitcoin Up software crate outstanding money-making opportunities for both beginners and seasoned traders. Although, using a trading app like this is not completely risk-free.

Why the Bitcoin Up Software is Making Waves?

The Bitcoin Up programme has a high success rate because it is based on advanced Artificial Intelligence (AI) technology and the integrated smart algorithm. The app can analyse the crypto markets all over the world and spot trading opportunities.

Besides, by using this software, traders can speculate on Bitcoin price swings without buying or possessing any physical coin. In reality, users trade crypto CFDs or contracts for differences.

The software detects the price changes of Bitcoin in the volatile crypto market and earns profits from successful trading. Simply put, the software can make the most of fluctuating cryptocurrencies to identify profitable trading opportunities and trade fast and with precision.

To make the software more efficient, the makers have partnered with leading brokers in the crypto industry, who share their expertise with users to make their trading more profitable and seamless.

By partnering with the brokers, the Bitcoin Up platform also provides users with various trading tools and services, secure banking methods, and excellent customer support.

As we mentioned before, the application cannot guarantee to generate 100 percent profits. Just like any other financial market, there are also some risks involved. However, the Bitcoin Up system reduces most of the risks and makes sure that traders earn profit 98 percent of the time, which is quite impressive.

How Does the Bitcoin Up App Work?

The Bitcoin Up software comes with a highly effective mechanism. It works by connecting to the crypto market through the brokers’ platform.

The smart algorithm of this trading platform carries out market research to identify trading opportunities. Thereafter, the software automatically initiates a trade on behalf of the users via their broker trading account.

The software operates on the brokers’ platforms to make sure that the trading efforts go seamlessly and transactions happen accurately. The fast execution of trades leaves no room for losses or slippage.

The brokers of Bitcoin Up facilitate the trades and secure transactions. Since most trading apps do not fall under the regulated market like the traditional financial institutions, they execute the trades using the brokers’ platform. The software also depends on brokers to collect deposits from users.

The partnerships between the Bitcoin Up and reputable brokers assure traders about their data and transactional security. Also, the trading offerings of the brokers are excellent because they offer up to 4000:1 trading leverage to users.

Again, the personal experience of existing users and opinions of industry experts are the testimonies that the Bitcoin Up app is a reliable platform and generates significant daily profits for users.

The accurate rate of the Bitcoin Up app is more than 98 percent, which indicates nearly all the trades executed by the software turn out to be profitable.

You can take some time to figure out your risk tolerance, along with your trading capital before you sign up with a platform like the Bitcoin Up app, and start trading.

Opening a Forex account – all you need to know

Sam Allcock
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Opening a Forex account – all you need to know

Many novice traders in the financial markets ask themselves the question: “How to open a forex trading account?“, And we have an answer for them.

To trade in financial markets, including the international forex market, you need to find an intermediary between you (the trader) and the market itself. It is challenging to gain access to trading on the exchange and OTC markets without a broker (intermediary), and in most cases, it is unnecessary, especially for novice traders.

However, first of all, it is worth choosing a reliable forex broker since the quality of the services provided and the coverage of non-trading risks depend on him. Most often, registration with a brokerage company takes place via the Internet. Therefore, we advise you to study the broker before opening a trading account carefully.

Types of trading accounts

Standart, classic – the most common type of account. The minimum lot is 0.01, Stop Loss and Take Profit are set both when opening a deal and after it. As a rule, such accounts have a fixed spread level, making it easier to calculate price targets. There may be delays in execution in an active market. Suitable for trading on daily charts and non-aggressive intraday trading (Timeframe not lower than hourly charts). It can also be used when working with trendy forex advisors (not scalpers).

ECN accounts. They are especially suitable for intraday trading with frequent entries and short trades. And also for robotic scalpers. Distinctive features of such an account are lower than on the standard, but not a fixed spread and the presence of commissions per transaction. It is also worth noting that ECN accounts have better execution than classic ones, but there are slippages in an active market and spread widening.

Swap-free accounts do not have a swap (roughly speaking, the commission for moving a position to the next day). Swaps are so small and insignificant that a swap-free account is only a good choice if you or your advisor keep positions open for many weeks. This type of account is distinguished by an additional commission for opening transactions, compensating the broker for the absence of swaps.

Cent accounts are used most often for working with experts on martingale and testing Forex strategies in practice. Read more about cent accounts in this article.

Demo account. Virtual money, but everything is real: the same charts, the same prices. You can even open two terminals simultaneously: one with a real one and the other with a demo account and compare prices – everything will be the same. A demo account is needed first of all for beginner forex traders to figure out how to trade on the Forex market.

Choosing a broker

How to open a forex trading account? The first step is choosing a broker. Register with a trusted company that has been on the market for at least five years. It is good if the organization offers favorable conditions, provides bonuses to the account.

After choosing a suitable broker, follow these steps in sequence:

  • Registration with a broker. Click on the appropriate button and consistently fill in all the proposed documents. You will have to confirm the specified email address and the information provided. Come up with a username and password. Do not pass the information on to third parties under any circumstances.
  • Go to your document. All types of accounts are opened here. To do this, agree to a contract with the broker. This can be done with a simple mouse click. The specific interface differs from company to company. Most often, an account is opened with a simple “open an account” button.
  • Specify the details of your bank wallet. Sometimes it is allowed to use alternative payment systems- for example, Webmoney.
  • Indicate the type of account the trader opens. Compare the trading conditions beforehand.
  • Get your merchant account number. It is a unique identifier used to identify the available balance.
  • Top up your account in any convenient way.

Now get to work.

How to choose a reliable broker for a beginner?

Sam Allcock
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How to choose a reliable broker for a beginner?

Brokers are companies that provide intermediary services between private traders and the Forex market. Since the trade executions with direct access to the international currency market require vast amounts of funds, brokers act as the main link in this chain.

Brokers provide their clients with leverage, thanks to which a trader can operate in the foreign exchange market with impressive sums of money, which are several times higher than his deposit.

Also, the speed and quality of trade execution, and, accordingly, your potential profit, depends on brokers and the order execution technology that they practice.

How to choose a broker – essential points

Today, there are a lot of brokers who offer their services in the Forex market. It is very easy for an ordinary trader to get confused and make the wrong choice among this variety.

Here we will figure out which criteria are better for choosing the best Forex broker for beginners:

Reliability

Broker reliability criteria: the presence of a reputable license from a regulatory organization and a contract, a risk insurance program, positive feedback on working with him on various sites and forums, leading positions in independent and authoritative ratings.

Trading conditions

First, decide which currency pair you will trade and compare the size of the spreads from different brokers. Since there is a lot of competition among brokers, each strives to offer the most profitable and lowest spreads to attract new clients.

Number of instruments for trading

The broader the broker’s list of trading instruments (raw materials, oil, precious metals, cryptocurrency, etc.), the better for you.

Trade execution speed

The higher the order execution speed, the better. Failures indicate that the broker is unreliable, and it is better not to trade with him.

Deposit/withdrawal of funds

Replenishment and withdrawal of funds from the deposit should be carried out as soon as possible and without interruption.

Leverage size

Determining the correct amount of leverage is very important. It is logical that the larger the size, the more profit you can get in a successful transaction.

Support

High-quality, and most importantly, prompt technical support is a significant indicator of a broker’s reliability.

Demo account

It is best to start trading in the foreign exchange market on a demo account. So, you will get acquainted with the principles of trading on the Forex market, choose a suitable trading strategy, and do not risk losing real money and losing your deposit.

Best Forex Brokers for Beginners

Alpari, one of the world’s largest Forex brokers, was founded in 1998. Offices are located in more than 20 major cities, a vast set of tools for traders and investors. Thanks to its considerable experience in brokerage activities, Alpari offers six types of accounts, daily analytics, training, and much more. Alpari also proposes to invest in PAMM accounts, and for traders, this is an excellent opportunity to earn money from investor deposits.

FxPro broker was founded in 2006. Customers have access to 280 trading instruments, including currency pairs and CFDs on futures, stocks, metals, energies, indices. Trading is possible through the terminals MetaTrader 4, MetaTrader 5, cTrader, and Edge.

AvaTrade is several award-winning brokers operating around the world. Regulated in six jurisdictions, AvaTrade has established itself as a trusted and respected broker. The tradable instruments available are currency pairs, cryptocurrencies, ETFs, commodities, indices, stocks, and bonds.

RoboForex has been providing intermediary services in the financial markets since 2009. Regardless of the chosen type of account, you can start trading from 10 USD. The company offers free access to VPS server, allowing it to use advisors almost around the clock, while it is unnecessary to keep the terminal open.

Junket tourism: a journey with a visit to a gaming establishment

Sam Allcock
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Junket tourism: a journey with a visit to a gaming establishment

Gamblers who play at gambling sites not on gamestop can go from virtual gambling establishments to land-based casinos. To do this, just order a junket tour, which involves a trip to a popular gambling clubs. A lot of positive emotions, exciting games and luxurious recreation await you. Besides, junket tour is considered to be the only type of tourism that gives you an opportunity to earn a large sum of money in case you win.

What is a casino tour?

A junket tour is a type of tourism where the traveler is taken to the world’s major casinos. The trip is organized by gambling clubs or tour operators. Round-trip transfers, meals, entertainment and accommodation are at the expense of the organiser. The only requirement for a gambler is to leave a certain amount (usually $3,000 to $5,000) at the casino.

Features of junket tours

Today, junket tours enjoy particular popularity, because not all European countries can legally play in the casino. The event program each club develops its own. A client not just bets on slots or card tables, but also attends excursions. In addition, the player receives a set of entertainment services (for example, striptease, a trip to a spa, a hunt, a sea voyage, etc.).
The main features of casino tours are:

  • – the traveller has to abide by the terms and conditions spelled out in the contract;
  • – the money won in the casino stays with the gambler (so you can not only spend it, but also earn if you win);
  • – Some casinos will give up to a 25% deposit back to the customer if they lose;
  • – The amount of bets made must match the deposit amount, and you can always increase the deposit amount;
  • – the player must spend in the casino a strictly specified amount of time (minimum 2-5 hours).

The cost of entertainment is determined by the size of the deposit. The price of a VIPJunket is practically unlimited: the more a customer pays, the more exciting and diverse his or her recreation will be.

The emergence of junket tourism

Junket tourism first appeared in Las Vegas at the end of the twentieth century. People began to come en masse by invitation to the city, where many casinos were built.
In today’s world, casino tours are particularly popular. Players travel to countries where gambling establishments operate. The most popular are casinos in the Isle of Man (UK), gambling establishments in the USA, casinos in the Czech Republic, Spain, Monaco and Thailand. Some ingenious gambling proprietors install slot machines and card tables on pleasure boats flying the flag of Malta. Ships call at the harbour of major cities, offering players a chance to fight the one-armed bandits or play poker.
Today, this type of tourism attracts those who play bestbonusmoney.com. Because of the ban on stationary gambling establishments in the country of residence gambler this direction of leisure time is relevant. Agree, what inveterate gambler would not dream of finding himself in a real casino, where the atmosphere of extravaganza and excitement prevails.
The tourism industry is booming. You can go to the most exotic corners of the planet, fully enjoying not only the game, but also luxurious vacation.
What does the contract say?
There is bound to be a contract between the tourist and the organizer. Although formally the cost of travel is paid by the casino, you have to spend a large sum in an agreed gambling establishment.
The contract specifies:

  • – the minimum amount of time you spend in the casino;
  • – The amount you have to spend at a particular gambling establishment (measured in thousands of dollars);
  • – the minimum and maximum bets;
  • – responsibilities of the parties, particularly of the client in case of non-compliance with the terms of the contract.

As a rule, before the trip, the gambler puts money on a special account. When he arrives at the casino, he is given a briefcase with chips equivalent to the amount on the account.
If he fails to comply with the terms of the agreement, the player’s funding is terminated. He is immediately sent home, and he will have to find the money for his return ticket on his own.

What are junket tours?

There are VIP tours which involve guests staying in comfortable rooms, eating in top restaurants and playing in private rooms.
It is also possible to book a group tour for several people (you can have friends) or an individual trip. On a group junket tour an outsider cannot become a member of the team as each participant transfers the sums that make up the players’ joint pot.
The predominant destination for casino tourism is countries that do not require visas to enter. The list of gambling clubs providing such a service includes fixed casinos with a high reputation and flexible pricing policy. The staff of such establishments are multi-lingual, so the language barrier is out of the question.

Thus, junket tours are not just trips to casinos that every gambler can go on their own, but a tour organised by the operator and the gambling club, including flight, food and entertainment. The minimum price tag of a quality casino trip starts at $3,000.

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