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Posts tagged as US

Increase in US stocks puts pressure on oil

Singapore – Oil prices fell on Thursday after US crude inventories rose and as production levels in the country held at record levels, but Opec-led supply cuts and Washington's sanctions against Venezuela supported markets.

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Motorcycle Market to Witness a Pronounce Growth During 2025

Market Overview:The term motorcycle can be defined as a two-wheeled vehicle and it is primarily driven by an Internal Combustion Engine. They are also known as motorbikes or bikes and nowadays, consumers are also opting for electric motorcycles. The motorcycles are built with strong metallic and fiber frames integrated with many mechanical and electronic components along with an engine. Few examples of motorbikes are Piaggio Vespa and TVS Jupiter among others.

Global Motorcycle Market is expected to grow in the forecasted period, in 2017 market size of the Motorcycle was XX million and in 2025 is expected to reach at XX million with growing CAGR of XX%.Market Dynamics:Factor such as demand for high-speed vehicles, rising disposable income, growing urbanization and technological advancements which are expected to boost the growth of the Motorcycle Market.

Furthermore, the generation is attracted more towards bikesthe market has grown drastically over the last few years majorly due to the presence of large of players. Also, the industry is growing due to the increasing demand for comfort, better transport means, and greater fuel efficiency. The manufacturers in the U.S. are involved extensive RD in developing better motorcycles.However, costs prices associated with components in manufacturing motor cycles are expected to hinder the growth of the Motorcycle Market over the forecast period.

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The Department of Arts & Culture hosts the 2019 South African Film Summit

In a statement released by the Department of Arts & Culture, Minister Nathi Mthethwa said: “Policy coordination and coherence is important to ensure there are no unnecessary bottlenecks, contradictions and gaps that will negatively impact on the business environment while simultaneously encouraging investment, particularly from the private sector. Addressing South Africa’s positioning in the film sector, not only in the continent but also globally, is an important one if the country is to compete in the creative economy”.There is no doubt that the Arts & Culture sector is a key player in enhancing the Nation Brand and growing the economy.

According to The World Economic Forum’s 2017 report on The Future of Jobs and Skills in Africa, the creative industries is considered one of ‘trending’ professions, with an average growth rate of 7% between 2011 and 2016.Attendees of this year’s South African Film Summit experienced windows of information sharing through case studies, measuring South Africa’s growth against other countries in the developing world.As all sectors ensure readiness for the Fourth Industrial Revolution, we look forward to proactive resolutions to come out of the Summit, putting in all efforts to develop the local film industry.

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