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There is a surge in bankruptcy cases across the globe as companies are fighting for their survival in a situation of economic turmoil owing to COVID-19.Companies are adopting the 363 Sale process to either liquidate the entire business or reorganize and make a fresh start post-bankruptcy.The portfolio managers and the credit research analysts are busy doing extensive credit analysisand distressed debt analysis to calculate the recovery valuation for the company in distress.In the liquidation process, one important yet ignored entity is the Stalking Horse Bidder.A stalking horse bidder, who is chosen by the company and approved by bankruptcy court sets the floor price for an auction of the debtor’s assets.More Details: https://www.valueadd-research.com/blog/how-important-is-the-stalking-horse-bid-for-a-363-liquidation-sale-in-a-bankruptcy-situation/
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If there were any doubts that Rishi Sunak wants to be prime minister one day, they were surely put to rest by the slick pre-Budget video that briefly set political Twitter alight on Monday.Big budget social media has become one of the chancellor’s calling cards, and suggests he understands the power of PR as much as Tony Blair did in the 1990s.But following the worst recession in 300 years and the biggest hole in the public finances since the Second World War, some wonder if the coronavirus chancellor will have to emulate that ex-PM’s political acumen if he wants to maintain his popularity as the crisis turns into recovery.Mistakes have already been made with the unravelling of Sunak’s Eat Out To Help Out scheme, and his lockdown scepticism being twice overwhelmed by events.And Tory MPs tell HuffPost UK they are expecting an “horrific” 18 months, once the chancellor’s almost universally welcomed support schemes like furlough end, and the economic impact of the pandemic starts to bite on businesses and jobs.The chancellor is now drawing flak from both Tory backbenchers and Labour for going into Wednesday’s Budget warning of tax rises, with government borrowing forecast to hit £394bn this month.Here’s What We Know So Far About Rishi Sunak’s 2021 BudgetBut while many expect him to put off the most difficult decisions until the autumn, Tories are keen for Sunak to set out his “grand plan” for the future.The path he chooses could be crucial in determining whether he remains the golden boy of the Conservative Party that holds his political fate in its hands.“The big strategic question for Rishi is: ‘who is he?’” one “blue wall” MP tells HuffPost UK.“Because lots of people project a lot of stuff on him and that’s fine to get you there – but at some point you have to decide what you are or you don’t achieve stuff.”Sunak’s friend and Tory MP Kevin Hollinrake believes the chancellor will be unfazed by the challenge ahead, and won’t be worrying about his personal ambitions.“Of course he’s going to have to come back and take tough decisions but that’s what politics is all about – to govern is to choose,” Hollinrake says.“And he feels that very strongly, he feels that you can’t just hospital pass to the next person, you have got to do the right thing.“He won’t shirk the challenge even if it does make him less popular.”MistakesThis time last year Sunak was a couple of weeks into the job of being chancellor and on the cusp of delivering a Budget that would become out of date within days, as the UK was plunged into lockdown.His initial response, a £330bn plan with the furlough scheme as its centrepiece, made Sunak an instant political star, seen as calm and competent in No.11, in contrast to his at-times chaotic neighbour Boris Johnson.The chancellor rode the wave of approval ratings of around +40 and, during the mirage of the semi-normal summer, he achieved what all politicians dream of – genuine cut through with the public.His Eat Out To Help Out scheme saw diners flock to restaurants in their millions in the height of summer in August, praising “dishy Rishi” as they paid for their half price meals.But the scheme unravelled in the months that followed, with studies suggesting it contributed to a rise in infections, while only having a “limited effect” on the embattled hospitality industry.Sunak has since described criticism of the scheme as “odd”, insisting that areas where it was used the most such as the south-west “were the slowest to see any rise and in fact had very low infection rates”, while other countries saw Covid cases rise over autumn and winter without operating similar schemes.There have been more errors – Sunak reportedly fought the hardest among the Cabinet to reject the Scientific Advisory Group for Emergencies (Sage)’s recommendation of a September circuit breaker lockdown.And he also managed to anger MPs in the “blue wall” of seats the Tories took from Labour in 2019 by initially resisting demands to maintain the £20 uplift in Universal Credit (UC) beyond March, a position that looks unsustainable going into Wednesday’s Budget.Tory MP Sir Geoffrey Clifton-Brown, treasurer of the backbench 1922 Committee, sums up the UC error: “You’re using up political capital for no reason for something you’re obviously going to have to do (extend the uplift).“You should only announce something like that unless you are pretty sure you are going to make it stick.“He was never going to make that stick, there are too many people particularly in those ‘blue wall’ seats that were very unhappy about that.”Most Tory MPs forgive or even maintain support for Sunak’s Eat Out To Help Out scheme and lockdown scepticism.“If you’re looking at it from a party management perspective, he’s played a bit of a blinder because he’s not pissed off the mushy Lib Dems in the party and he’s shown a bit of ankle to those who think we should have been going quicker,” the “blue wall” Tory says.But the public have been less forgiving, with his approval rating halving from its summer high to around +20. That, however, still puts him way ahead of any other Westminster politician.A Tory insider says: “It’s still net positive because he’s not a dislikable individual and you feel that the decisions he makes are based on a balanced judgment of the facts that are in front of him.“So you can argue that he didn’t do it right but I don’t think anyone could say he was doing it for anything other than trying to do the right thing by his responsibilities.“Boris had that boosterism, optimism, not wanting to deliver bad news, you could easily read that from what Boris was trying to do.“But I don’t think you could say that with Rishi – that he’s doing this for an ideological reason.” ‘Moment of danger’So Sunak, despite some errors, has ended his first year as chancellor as the most popular politician in Westminster.But the “moment of danger” is approaching, according to Tory MPs who are braced for huge job losses in the months ahead.Several want to see him use Wednesday’s Budget to set out a financial road map to recovery to accompany Johnson’s own plan to lift lockdown.However, there are fears that Sunak will issue little more than a “holding statement”, with more pandemic-linked spending and a signal of future tax rises as a means of reducing the deficit, according to one Tory source.“If you were spending as much as he’s been spending and you weren’t popular, it would be quite extraordinary,” they say.“He’s still a fairly unknown quantity“The actual difficult stuff is still to come.“I’ve not really seen anything from him beyond writing massive cheques so far. “Where is his vision for growth?“At the moment it just seems like he is only interested in deficit reduction.”A 2019 intake MP says: “The next 18 months are going to be horrific for the country economically and it’s going to be horrific for the Conservative Party.“We are going to take a lot of brickbats, I don’t think people appreciate how bad the economy is.“The Budget needs to have a plan to get us through that.”Clifton-Brown agrees: “It’s very easy to be popular when you’re handing out money and the problem is we’ve been handing out so much that we’ll be paying it back for a long time to come.“The economy can’t keep bailing people and businesses out once the lockdown is over.“That’s the real moment of danger, when you have to stop furlough and businesses have to really think whether they want to take all those people back on their books.“I think we will see some fairly horrific unemployment figures in the autumn.”The 2019 MP hopes Sunak can maintain his own and the government’s popularity by making the case for balancing the books while imposing tax rises.They went on: “It’s going to be a rocky 18 months for everyone and for the Conservative government because people won’t like things, but it’s necessary medicine.“If you look at austerity in 2010, people understood it even if they didn’t agree to the extent of it.”But unlike in 2010, when Labour allowed David Cameron and George Osborne to define the deficit reduction argument, Keir Starmer’s party is taking it on this time by arguing that tax rises will choke off the Covid recovery.They also believe Sunak will attempt to chart a kind of cake-and-eat-it approach which seeks to balance the books while allowing the government to claim it is ploughing ahead with its high-spending levelling up agenda.A senior Labour source says: “He wants to go back to the outdated and tired debate of: how quickly can you cut or raise revenue – treating the economy like a household budget.“And while we’re not going to necessarily actively have a war on that, it’s about framing the fact that he will try and do it in a way he’s not admitting.“It won’t be the same as 2010-15, they will try and spin it in a way that makes them look in the red wall like they are keeping to their levelling up agenda, it won’t be a living within our means type message.“But this is about exposing it for what it is and taking some of that sheen away from him.” PR blitzVanity of vanities, sayeth the preacher; all is vanity. https://t.co/FLxPanhf9x— Chris Bryant (@RhonddaBryant) March 1, 2021Perhaps wary that he will have to deliver bad news soon, Sunak is planning a PR blitz around this week’s Budget.For the first time ever, the chancellor will host an evening press conference on Budget, giving journalists and MPs only around four hours to find the hidden nasties in the red book that sometimes take days to emerge.He will also appear on the Martin Lewis Money Show on Thursday.And he has rolled the pitch for the statement to come with a glossy six-minute video which sparked accusations of “vanity”.Tories however welcome Sunak’s ability to communicate, believing it has been crucial in maintaining the government’s economic reputation amid chaos elsewhere in government.“It will have a shelf life,” the “blue wall” Tory says.“But his ability to package policies and sell them is a real asset given some of the clusterfucks we’ve had in the last year.“The washing powder he is selling is pretty popular, so he’s had a bit of a head start there, but his ability to sell it is positive and one of the reasons why he’s so senior.“But he will have to make sure the formula doesn’t become stale.”Charm offensiveThe media blitz also comes after a months-long charm offensive of Tory backbenchers which Sunak will hope helps maintain his status as Johnson’s most likely successor as he makes the tough calls.The chancellor has been peeling backbenchers off into groups of five MPs, put together if they share similar ideas, for hour-long meetings.“We submit in advance our ideas for the Budget, and it can be everything from what we want to do with the high street to particular tax rises or cuts, and then we have an open and frank discussion,” one says.“He gives a decent length of time, makes sure our voice is heard and listens.“He’s done an amazing job with that and he’s done it for the last few months.”It’s an approach which has left some wondering if Sunak could mimic the non-ideological pragmatism of the Blair years, of being “all things to all people” as the ex-PM once said, or whether he will eventually have to stop being “everybody’s friend”.The “blue wall” Tory says: “He’s got two challenges – he’s going to have to stop splurging the cash at some point so he will have to take some difficult decisions which will demonstrate how politically adept he is at that - I think he will do better than some people fear.“But underneath he will have to decide what his ideology is.“I think he probably knows it, but he has sort of nodded to everybody, so the question is: where does he actually stand on this stuff in the long-term?”They went on: “I think people would naturally say he’s like them because he’s so nice and so adept at the politics that he’s everybody’s friend - everybody thinks he thinks like them.“But I don’t know.“Maybe he doesn’t have to decide, Blair never properly decided but he created a lot of political capital he didn’t use up.“At some point he will have to put a marker down.” The 2019 Tory agrees: “Everyone appreciates what he has done in the pandemic and the way he’s dealt with things.“But we now need to see what his grand plan is.From private conversations – he’s a proper low tax conservative, freedom of private enterprise.“But let’s just see that in legislation. Let’s get the economy pumped up and going.”Related...Rishi Sunak Says It's 'Odd' To Blame Eat Out To Help Out For Covid SurgeRishi Sunak Says 'More' Financial Support To Come In BudgetRishi Sunak ‘Risks Sparking ERG-Style Tory Rebellion’ If He Delays Tax Hikes
EU leaders have announced plans to present a “digital green card” proposal, effectively creating a vaccination passport scheme in Europe. Ursula von der Leyen, president of the European Commission, said the digital passport would detail proof that the person has been vaccinated against Covid-19, test results for those who haven’t been vaccinated yet, plus information on Covid-19 recovery. “The Digital Green Pass should facilitate Europeans‘ lives,” she said in a further tweet. “The aim is to gradually enable them to move safely in the European Union or abroad – for work or tourism.”We'll present this month a legislative proposal for a Digital Green Pass. The aim is to provide:•Proof that a person has been vaccinated •Results of tests for those who couldn’t get a vaccine yet•Info on COVID19 recoveryIt will respect data protection, security & privacy— Ursula von der Leyen (@vonderleyen) March 1, 2021We could see a version of these vaccine passports – also referred to as immunity passports – implemented in the UK. Matt Hancock told Monday’s Downing Street press conference the UK was “working with international partners” on the issue. “The EU is part of those discussions, as are several other countries around the world, and it’s obviously important work,” he said.It marks a shift from repeated statements from cabinet ministers in December saying there were no plans to introduce vaccine passports in the UK. This was despite the Telegraph reporting that the government is funding at least eight separate firms to develop such a system.How would the passports work?The digital passports, or “green cards”, are likely to be accessible on smart phones. They’ll detail the health status of an individual and, although they’re primarily being discussed in relation to travel and tourism, they could be used to open up other parts of society, from bars to theatres. “What I’d also say is that, in a sense, this already exists because you need to have a test before you can travel to the UK,” Matt Hancock said on Monday.“As far as I understand it from the details set out today, the EU proposal is that certification includes both whether you’ve had the vaccine and also whether you’ve recently had a test for those who can’t get vaccinated yet, which is obviously particularly important. “Therefore it’s something that we’re working with them and others on and it matters that we get the details of this right for international travel.”What are the concerns around them? Charities including the Ada Lovelace Institute have raised concerns about data privacy and the potential for discrimination. For example, if a person who’s received a vaccine is offered a job over someone further down the waiting list, or someone who is pregnant and can’t have the jab.The head of the UK’s data privacy watchdog, Elizabeth Denham, told MPs in January she can see the benefit of these passports, but also warned they came with privacy concerns. “We would approach a detailed proposal around a vaccination passport or a freedom passport in the way that we do any initiative,” she said. “That is, is it necessary? Does it work – does it do what it says on the tin? Is it proportionate? And is there transparency?”Denham also alluded to the issues of discrimination – “they touch on human rights, they touch on whether or not we’re going to create a two-tier society based on whether you have a jab in the arm”.This debate around the ‘vaccine apartheid’ has been echoed by others. “From an ethical point of view, vaccine passports are completely unacceptable,” Dr Clare Wenham, assistant professor of global health policy at the London School of Economics told The Telegraph.“You’re going to create a two-tier system and history shows that when you create division within society it leads to civil unrest. It’s vaccine apartheid.”What’s happening around the world?The UK cruise company, Saga, became the first tour operator to stipulate that passengers must be vaccinated against Covid-19 before setting sail.Some countries – including Denmark and Sweden – have announced plans to introduce such passports. The Swedes want an ‘international standard’, which means they want the World Health Organisation, or the EU, to agree on a standard that would mean their passport would be accepted across borders.Greece and Spain have been among the EU countries lobbying for an EU-wide passport, because they’re dependent on tourism and want to get the sector up and running – in some capacity – in time for the summer.On the topic of vaccine passports, the prime minister’s spokesperson told PA: “We have said that we are looking at the issue of vaccine passports. As you can expect, DfT (the Department for Transport) will work [with] and do speak to countries across the world in terms of how they may look to introduce passports.”The spokesperson would not pre-empt the outcomes of the UK government’s review. But “of course you can expect us to speak to the EU and other countries on how they may implement any similar sorts of policies”, they added.READ MORE:Face Mask Rules Could Change. Here’s What Scientists SayAre We There Yet? How To Book A Holiday After LockdownYou've Had The Vaccine, So Can You Hug Your Grandkids Now?Nasal Sprays Are Part Of The Fight Against Covid-19. Here's HowHere's What Life Looks Like At Your Favourite Holiday Destinations
In terms of revenue, the visualization systems segment dominated the global market.Geographically, North America is expected to be the leading contributor to the global market revenue in 2017 owing to increased demand for minimally invasive surgical process in this region.The rising prevalence of gastrointestinal disorders, cancer, and other chronic illness due to the rapidly increasing ageing population, diabetes, obesity and major lifestyle changes is the major factor driving the market growth.In addition, minimal invasiveness, lesser post-surgical complications, reduced hospital stay, faster recovery time and minimal scarring, which in turn lowers treatment costs, makes it one of the most sought-after procedures.Also, the increasing awareness about endoscopy techniques and its benefits among patients and medical personnel, various technological advancements in endoscopy and diverse applications in the diagnosis and treatment of various diseases and the availability of reimbursement for procedures done using endoscopy devices further give an impetus to the market growth.Emerging market in developing countries and technological advancements provide several opportunities for market growth in the near future.Request for sample copy of this report @  https://www.polarismarketresearch.com/industry-analysis/endoscopy-devices-market/request-for-sampleNorth America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period.Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to increasing expenditure of GDP on healthcare, improving medical facilities and rapidly increasing patient pool in emerging countries such as China, Japan, and India.The applications of endoscopy devices include arthroscopy, bronchoscopy, cardio-pulmonary endoscopy, laparoscopy, ENT endoscopy, gastro-intestinal endoscopy, urology endoscopy, gynecology endoscopy, neurology endoscopy and others.
 The Global coating additives market size is anticipated to reach USD 11.91 billion by 2026, growing at a CAGR of 4.8% during the forecast period, according to a report published by Polaris Market Research.The report ‘Coating Additives Market By Product Type (Metallic, Acrylic, Urethane, Fluor polymer & Others), By Formulation (Solvent-Borne, Water-Borne and Powder-Based), By Function (Wetting & Dispersion, Anti-Foaming, Biocides, Rheology Modification and Others), By Application (Building & Construction, Automotive, Wood, Industrial and Others), By Regions & Segments Forecast, 2018 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends.Rapidly growing demand of coating additives from numerous end-use industries is anticipated to be the major driver for the market.Global coating additive market has changed substantially in the last decade and is likely to continue with the changes during the forecast period due to its highly competitive characteristics.Request for sample copy of this report @  https://www.polarismarketresearch.com/industry-analysis/coating-additives-market/request-for-sampleThe essential constituents of coatings, the process of its composition and environmental-based parameters have mainly driven the innovation for this market.The regulatory framework backed up by environmental & health concerns include reduction or complete elimination of volatile organic compounds (VOC) or any other constituent that is known to be hazardous in nature.The application sectors for coating additives have witnessed moderate growth, however, demand for novel and innovative additive compositions are anticipated to increase rapidly.Also, significant focus has been levied upon the appearance effect d these additives coupled with the with the costs of its utilization.Stringent regulatory framework and changing consumer behaviour concerning the environment-friendly products have forced coating manufacturers to launch innovative and sustainable products.New and highly complex environmental policies & regulations, introduced specifically to minimize the waste and support recycling & recovery of additives, have resulted in new additive technologies and their manufacturing techniques.The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Coating Additives Market, 2017-2026.
02nd Mar 2021 - Consistent with the report published by the authorities the scope of the global Ambulatory Surgery Center Market was appreciated by US$ 75.2 billion in 2018 and is estimated to touch US$ 120.8 billion by the completion of 2026.It is projected to record a CAGR of 6.1% during the period of forecast.Ambulatory surgery center (ASC) carry out surgical treatment in casualty locations to support patients.It delivers health care services furnished with skilled medical practitioner, operational rooms and recovery rooms.Access Ambulatory Surgery Center Market Report with TOC @ https://www.millioninsights.com/industry-reports/ambulatory-surgery-center-asc-marketPreviously surgical treatment were practically completed in hospitals.However, in the advanced nations for example Japan, the US, Europe and in a small number of developing nations, surgical procedures are mostly accomplished in ambulatory surgery centers.Doctors are unceasingly refining modus operandi and basics line of attack to deliver superior treatment for the progress of ambulatory surgery center (ASC).The amenities presented in ASC assists the doctors to conduct processes without any difficulty, confirm superior apparatus and materials utilized for their procedures, bring together groups of extremely skilled workforce and propose custom-made amenities to dissimilar field treatment for patients.Growing number of conglomerates between hospitals to start ambulatory surgery centers are enhancing the global ASC industry during the current years and likely to upsurge during the period of forecast.Patients’ approach concerning health care spending is stimulating global ambulatory surgery center market.These centers are additionally effective at what time it comes to similar day surgical procedure and usually patients pay a smaller amount co-insurance at an ambulatory surgery center for the similar process received in the location of hospital.Growing occurrence of long-lasting illnesses in the grown-up population is mainly motivating the global ambulatory surgery centers industry.
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The global modular data center market size is expected to gain momentum by reaching USD 65.55 billion while exhibiting a CAGR of 19.0% between 2020 and 2027.This is attributable to the growing adoption of advanced technologies such as cloud and artificial intelligence (AI) by the SMEs that drives the demand for innovative modular data centers globally.This information is published by Fortune Business Insights, in its latest report, titled, “Modular Data Center Market Size, Share & COVID-19 Impact Analysis, By Component (Function Module Solutions, and Services), By Application (Emergency Data Storage, Temporary Storage Expansion, Disaster Recovery, Edge Computing and Others), By Data Center Size (Small and Medium Data Center, and Large Data Center), By Industry (BFSI, IT & Telecom, Government, Healthcare, Media & Entertainment, Others) and Regional Forecast, 2020-2027.” The report further mentions that the market stood at USD 16.56 billion in 2019.List of the Companies Profiled in the Global Market:·        IBM Corporation (California, United States)·        CommScope Inc. (North Carolina, United States)·        Dell, Inc. (Texas, United States)·        HPE Company (California, United States)·        Baselayer Technology LLC (Arizona, United States)·        Vertiv Co. (Ohio, United States)·        Diversitec, Inc. (Virginia, United States)·        Iron Mountain Corporation (Massachusetts, United States)·        Rahi Systems (California, United States)·        Rittal GmbH & Co. KG, (Herborn, Germany)·        Schneider Electric SE (Rueil-Malmaison, France)·        Cannon Technologies Ltd (Hampshire, United Kingdom)·        Stulz GmbH (Hamburg, Germany)·        Instant Data Centers LLC (Arizona, United States)·        Colt Group SA (London, United Kingdom)·        Bladeroom Group Ltd. (United Kingdom)·        Huawei Technologies Co., Ltd. (Shenzhen, China)·        ZTE Corporation (Shenzhen, China)DRIVING FACTORSGrowing Adoption of Cloud-based Services to Augment GrowthThe generation of large amounts of data is propelling the companies to develop advanced solutions to store and maintain it efficiently.The growing adoption of cloud-based tools and applications provides the government and key players to centralize, compute, improve operational efficiency, and reduce the overall energy consumption.This further enables the companies to cater to the changing needs for critical IT power.Therefore, the adoption of cloud-based solutions and services is expected to contribute to the growth of the global market during the forecast period.REGIONAL INSIGHTSNorth America to Remain Dominant; Increasing Investments to Aid GrowthAmong all the regions, North America is expected to hold the highest position in the global modular data center market.
Market Database states that magnetic resonance imaging (MRI) compatible pacemakers have experienced a larger share in the market.Global Market Database can be used to recognize other drivers associated with the medical equipment market.According to the market database procured via Mayo Foundation for Medical Education and Research in 2018, approximately 75% of patients who possessed pacemakers are expected to undergo MRI scans at least once in their lifetime.These are non-invasive and offer a low risk of post-surgical complications.The value chain for this market can be studied through Global Market Database.This includes hospitals, dedicated cardiac centers, and ambulatory surgical centers.Factors such as lifestyle disorders, excessive alcohol consumption, smoking, and obesity have contributed to cardiac arrhythmia.According to the market database, published by the Centers for Disease Control and Prevention (CDC) in 2017, Atrial fibrillation was the most common form of arrhythmia.
Market Database procured from market research tools can be used to analyze the trends associated with this sector.Different Forms:Based on the material used the market is divided into different parts which include hydrogels, extracellular matrices, living cells, and other biomaterials.The overall competitive mapping for the industrial segments can be studied using Global Market Database.The value chain associated with the 3D printed organ vertical can also be analyzed via Global Market Database.The market research platform studies the application of this product across various industrial segments.Apart from practical application in organ transplants for humans, further use cases are witnessed in animal treatment as well.The overall growth dynamics and the penetration rate of this product into the healthcare sector can be examined using Global Market Database.The free market data procured from this market intelligence platform is updated every quarter.COVID-19 and Other Restraints:Market research reports state that the shortage of skilled professionals is expected to act as an obstacle as the entire 3D organ printing requires constant monitoring to reduce the errors.