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Arms exports stop rising for first time since early 2000s

Arms exports stop rising for first time since early 2000s
World
March 16, 2021
STOCKHOLM: The number of international arms transfers has levelled off in the last five years, but a more peaceful world is not necessarily the reason as some nations shun imports and have begun producing their own weapons, researchers said on Monday.
Comparing the period of 2011-2015 to 2016-2020, three of the world’s five largest exporters the US, France and Germany actually increased their exports, but these rises were offset by a drop in exports from the other two major exporters, Russia and China.
While exports remain at their highest level since the end of the Cold War, this is the first time since the period of 2001-2005 they haven’t risen overall. Demand remains high, but it hasn’t grown, Siemon Wezeman, a senior researcher at the Stockholm International Peace Research Institute (SIPRI), told AFP. ....

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Stocks soar higher on stability bets

Stocks soar higher on stability bets
Business
March 16, 2021
Stocks on Monday matched the Fridayâs stride as the rally set off by governmentâs Senate recovery endures, dealers said.
KSE-100 shares index gained 2.23 percent or 978.51 points to close at 44,766.59 points. On a day-on-day basis total traded volume rose 2.9 percent to 455.35 million shares, while value grew 1.6 percent to Rs21.95.
Topline Securities in a note said clarity over senate chairmanship buoyed sentiment, while investors shrugged off concerns of a higher inflation and political noise arising from Long March and PPPâs challenging the Senate chairmanship election in Supreme Court.
Major positive contributors were TRG, PSO, LUCK, SYS, and HUBC that cumulatively added around 327 points to the index, the brokerage said. As many as 403 scrips were active, of which 332 advanced, 59 declined, and 12 remained unchanged. ....

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Global Security Industry to be Powered by Rising Need for Niche Security Solutions and Rapid Advancements in Technology

Global Security Industry to be Powered by Rising Need for Niche Security Solutions and Rapid Advancements in Technology
SANTA CLARA, Calif., March 16, 2021 /PRNewswire/ Frost & Sullivan s recent analysis
, Digitization and Advanced Analytics Power the Global Security Industry, finds that threats posed by the proliferation of unmanned aerial systems (UAS), frictionless borders, and integrated border stations will expand this industry worldwide. Segmented into three categories-
critical national infrastructure (CNI), public safety, and
border security-this market is estimated to garner $230.79 billion in revenues by 2030 from $172.4 billion in 2020, an uptick of 3%. Public safety will lead the growth, securing 72.8% market share and generating the highest revenue as the pandemic has led disaster and emergency management forces to spend significantly on situational awareness systems. ....

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Oilfield Integrity Management Market to Exhibit 7.8% CAGR by 2027 Owing to Rising Prices of Oil Globally, states Fortune Business Insights™

The global oilfield integrity management market size is expected to reach USD 22.87 billion by 2027 while exhibiting a CAGR of 7.8% between 2020 and 2027. This ....

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Rising Awareness about Cleanliness and Hygiene across Public Places to Sow the Seeds of Growth across the Forecast Period of 2020-2030: TMR

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The rising need for sanitation and cleanliness of the surroundings across the globe will serve as a vital growth generator for the global street sweeper market during the assessment period of 2020-2030
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The global street sweeper market is anticipated to expand at a CAGR of 3.5 percent between 2020 and 2030
ALBANY, N.Y., March 16, 2021 /PRNewswire/ Technology has penetrated across all sectors and businesses around the world. The street sweeper market is no stranger to this technology penetration. The rapid rate of urbanization and industrialization has led to the formation of many cities and urban pockets across all regions. These cities need to be maintained by government bodies. Cleanliness is an important aspect of maintenance. Thus, the rising need for cleanliness is directly proportional to the growth of the street sweeper market. ....

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