Archive for April, 2018

Russia Banned Lithuanian Politicians from Entering its Territory

Monday, April 30th, 2018

The Russian foreign ministry said it has banned a number of Lithuanian politicians, lawmakers and political analysts from entering Russia, Reuters reported.

The names of the people in the list are not reported, but the Kremlin warns that it remains open. The ministry said its actions were responding to Lithuania’s ban on tens of Russian citizens entering the country for suspected human rights violations and money laundering.


Bulgaria Ranks First in Incidence of Lung Diseases

Monday, April 30th, 2018

Bulgaria is at the forefront of pulmonary disease incidence. This was announced by Dr. Sofia Angelova, chairman of NADPB Association.
Chronic Obstructive Pulmonary Disease (COPD) is now third in the cause of premature death along with car crashes. About 5-10% of the population is suffering from COPD, but only 75,000 are treated. And the cessation of COPD treatment immediately worsens the condition of the patients, said the specialist.

Smoking is one of the most important causes of lung disease, and in many countries -  the most important cause of disability, suffering and premature death. This is the only reason for the deterioration of health, which is completely preventable.
Many of the parents who smoke at home have a lot of influence on children with asthma, Dr. Angelova said. One third of the sick children in Bulgaria have respiratory diseases.
Even in the context of treatment, smokers continue to smoke and so worsen their condition, and treatment becomes meaningless.

Besides COPD, acute infections of the lower respiratory tract, cancer and tuberculosis are the main diseases that lead to death. Ten people a day die from lung cancer, said Sofia Angelova.

In 1990, the incidence of tuberculosis increased because poverty made people eat bad food. That is why when experiencing a long cough, frequent infections, shortness of breath and chest humming you need to seek a pulmologist, in order to catch the illness in time, Angelova called.
A campaign starts on May 10th. You can make an appointment at 070010126 for an examination.


The South Korean President’s Rating Exceeded 70% after his Meeting with Kim

Monday, April 30th, 2018

South Korea’s president Moon Jae-in’s rating for the first time in the past four months exceeded 70 percent after his historic meeting with North Korean leader Kim Jong-un, Jonhap said after a sociological study.

The survey, conducted by the Rialmith Institute, shows that 70 percent of the respondents approve of the way Moon Jae-in manages the state, an increase of 2.2 percentage points compared to the previous week. This rating is the highest since January, when approval for the president reached 70.6 percent. Of the 2502 polled , 24.4 percent disagreed with the president’s job, down 3 percent from a week ago. On April 27, a historic meeting between the leaders of the two Koreas took place in the Panminjiang border village, the first of ten years. Negotiations ended with the signing of the Panminjiang Declaration, which underlined that the common goal of the two countries is denuclearization of the Korean Peninsula.


Gallup Int. has Found that most Bulgarians are Happy with their Salaries

Monday, April 30th, 2018

On the eve of Labor Day, the people satisfied with the money they get in their work are more than those who are dissatisfied, the Gallup International sociological agency said on its website. The personal assessment of the Bulgarians for their work is rather good. There is positive judgment for supervisors. Expectations for unemployment to remain the same or to grow continue to prevail, but negative expectations are at their lowest point for years.

53% of working adult Bulgarians declare that they are happy with the money they receive from their employers. 44% – that they are not. Data comes against the background of comparatively better indicators for the economy and the labor market in the recent years, but does not show a decisive superiority in satisfactory estimates. Positive ratings “lead” with little, but the share of negative is also significant.

The latest monthly national survey of Gallup International was conducted between April 13 and 22 among 817 people. The bulk of the monthly surveys are known as “Political and Economic Index of Gallup International.” They are independent from external financing.

43% of adult Bulgarians claim to work and are satisfied with their work. 18% work but are not satisfied. 19% do not work, but they are generally satisfied with their previous jobs so far, and 10% do not work at this time and are not happy with their previous work. 7% say they are not yet working, and others have difficulty answering. 58% of workers say they are happy with their bosses, 24% are not, and 13% say they have no bosses. The rest have difficulty answering. Questions such as pay and bosses may, of course, also reflect some caution on respondents.

People not only account for the amount of pay, but also for the possibility or the inability to find another better job, the labor / pay ratio, etc., the agency notes.

Another study shows that 23.4 per cent of Bulgarians were below the poverty threshold in 2017. The total poverty line for the country was BGN 351.08 per month per household per month. At this line of poverty below the poverty line there were 1665.3 thousand people, or 23.4% of the country’s population, the National Statistical Institute reported.

Compared to the previous year, the poverty line grew by 13.9 per cent and the relative share of the poor rose by 0.5 percentage points. The social protection system is essential for reducing poverty. Data for 2017 show that if household income includes pension income, but excludes other social transfers (benefits, social and family allowances and supplements), the poverty level rises from 23.4 to 29.2 per cent, or with 5.8 percentage points. Accordingly, when excluding pensions and other social transfers, the poverty level increased to 44.8 per cent or 21.4 percentage points.

The main factor, increasing the risk of falling into the group of the poor, for the majority of the population is their insecure economic activity and their participation in the labor market. Throughout the observation period, the relative share of the poor is highest among the unemployed (58.7 per cent in 2017), with the risk of poverty among unemployed men by 8.2 percentage points higher than the unemployed women.


What is AppSumo and How Can it Benefit Your B2B Business?

Monday, April 30th, 2018

What is AppSumo and How Can it Benefit Your Small Business?

Since its launch in 2010, AppSumo has been gaining notoriety as a way for businesses to connect with digital products and services to help them grow. It can also help online businesses reach tons of new customers and increase sales quickly. If you’re interested in learning more about AppSumo and potentially even taking advantage of these benefits for your own business, here’s a quick guide.

What Is AppSumo?

In basic terms, AppSumo is a daily deals site that’s specifically for digitally delivered goods and services. Think Groupon but with an online B2B spin.

There are two ways to use AppSumo. Businesses that sell digital products or services can partner with AppSumo to offer their products or services at deep discounts in order to attract more customers and get them to try out their offerings and potentially become recurring customers.

On the other side, entrepreneurs can also browse through the different offers available on the site to find affordable, or sometimes even free, products or services that can help them grow their businesses. There are things like video editing services, project management systems, and even social media tools available.

How Does It Work?

In order to facilitate these deals, AppSumo has to partner with digital product sellers and service providers that are willing to offer their products and services at highly discounted rates. In order to make it worth their while, AppSumo distributes information about each deal to its vast online audience in order to facilitate a large amount of sales very quickly. Essentially, AppSumo’s distribution power makes it possible for these companies to make a large number of sales very quickly, making those huge discounts worth it for the supplier. Then AppSumo also takes a portion of those sales to support its own operations as well.

For buyers, you can subscribe to receive new deals in your inbox or simply browse available deals on the site. When you see a deal that appeals to you, simply follow the prompts to complete your purchase. Sellers can set a certain number of deals they want to make available, so once it’s sold out, you can’t access it anymore.

What Are the Benefits?

For businesses that are looking to purchase digital products or services, the benefits of AppSumo are pretty obvious. You can access discounts of up to 95 percent from a variety of online sellers and service providers. So if you’re looking for, say, a new accounting software and can’t afford to pay for a major upgrade, you can keep an eye on the site to take advantage of a deal that fits with that need.

For the partners that actually offer products and services on the site, the benefits are a bit more complicated. Not every digital company can necessarily afford to offer such deep discounts on products and services, or would feel compelled to do so. However, if your business is in need of a quick influx of cash or wants to reach more customers quickly in order to demonstrate the benefits of a product or service, then offering discounts with AppSumo can potentially be a worthwhile promotion. The company can help you reach more potential buyers than you would on your own, since it has more than 700,000 active subscribers. And the discount gives them an incentive to buy right away, as you can also set a specific amount of deals you’re willing to offer before it sells out at that price.

Image: AppSumo

This article, “What is AppSumo and How Can it Benefit Your B2B Business?” was first published on Small Business Trends


Europe jump-starts effort to take lead in battery arms race

Monday, April 30th, 2018

Leading chemicals and car groups join EU initiative to boost strategic technology

These Are the 10 Best States for Online Businesses in the US

Monday, April 30th, 2018

These Are the 10 Best States for Online Businesses in the US

Having an online business means you can reach almost every market in the world, but some places are better than others to run these business. The new survey from Frontier Business, titled “10 Friendliest States for Online Business” looks at what makes these locations so great.

In addition to the obvious technological infrastructure, Frontier Business also measured other factors business owners look for in a location. The metrics were then combined to come up with the list for 2018, which saw newcomers while others dropped off the 2017 top 10.

Whether a small business is established as an online company or has a strong ecommerce platform to support its brick and mortar operations, a location has to offer more for today’s businesses. Without the tools outlined in the report, a business will be greatly limited.

The analysts for Frontier Business looked at technology, which started with average megabits-per-second (Mbps) speed and public access to broadband internet along with technical support for the services. The other criteria were demographic and population, workforce and education, economic climate, and cost of living.

Based on the data, here are 2018’s 10 Friendliest States for Online Business

10 Best States for Online Businesses

Washington came in at number one, moving up to the top spot after last year’s second place. The research says the state has an impressive broadband-internet service span along with higher than average national household income and no personal or corporate income tax. It is also home to some tech giants, such as Amazon and Microsoft.

Washington’s neighbor, Oregon moved up two spots from number four to get to number two in 2018. The state also has great infrastructure in addition to a renowned outdoors and art and music scene.

Utah remained at number three and last year’s number one state, Virginia, dropped to number four, with Colorado rounding up the top five on the list as a newcomer.

The remaining five states are California, Delaware, Minnesota, Maryland and Massachusetts in chronological order. The other newcomer is Massachusetts. Meanwhile top 10 locations DC and Arizona were dropped from last year’s list.

Online Business Opportunities

An online business provides unlimited opportunities and incredible scalability. No matter how small you start, you can continue to grow. The technology allows you to start a business with low overhead while providing access to a worldwide market to deliver incredible margins.

If you are in the US, the Frontier Business report gives you information on the best states to make your online business thrive.

You can look at the infographic below for the friendliest states by region.

These Are the 10 Best States for Online Businesses in the US

These Are the 10 Best States for Online Businesses in the US

These Are the 10 Best States for Online Businesses in the US

These Are the 10 Best States for Online Businesses in the US

Images: Frontier Business

This article, “These Are the 10 Best States for Online Businesses in the US” was first published on Small Business Trends


Marathon Petroleum to buy Andeavor in $36bn deal

Monday, April 30th, 2018

Takeover will shake up US refining and midstream energy industries

Worried About the Retail Apocalypse? 4 Ways Your Store Can Adapt

Monday, April 30th, 2018

4 Tips on How to Adapt to a Changing Retail Landscape

Rumors of retail’s demise are much exaggerated. Overall retail sales increased 3.5 percent in 2017; by comparison, the GDP grew by just 2.3 percent, a study from Deloitte reports. But, the same study cautions, there is a big change afoot that retailers need to adapt to. Here’s what you need to know and four ways your store can adapt.

Good News, Bad News

First, the good news: The vast majority (91 percent) of retail sales still take place in brick-and-mortar stores. And although online retail is projected to grow 11.7 percent, in-store sales are also projected to grow by 1.7 percent.

Now, the bad news: Traditional retail may indeed be facing an apocalypse — or at least, a massive transformation that Deloitte dubs The Great Retail Bifurcation.

Why? Shoppers are increasingly splitting into two different groups: high-income consumers (20 percent of Americans) who are better off financially now than they were in 2017, and everybody else. While 80 percent of Americans’ incomes have stagnated since 2007, the cost of essentials such as housing, food, education and health care have risen (by 12 percent, 17 percent, 41 percent and 62 percent respectively) over the same period, according to Deloitte’s analysis of data from the Bureau of Labor Statistics. In addition, new “essentials” such as smartphones and data plans are eating up a higher proportion of consumers’ budgets.

The result: A whopping 80 percent of consumers have less to spend on discretionary retail expenses such as apparel and accessories than they did pre-recession.

How to Adapt to a Changing Retail Landscape

How can your store survive the Great Bifurcation? Follow these tips.

1. Don’t Try to be All Things to All People.

Deloitte’s study identified three types of retailers:

  1. Premier retailers that deliver value via premier product and experience offerings;
  2. Price-based retailers that deliver value by selling at the lowest possible prices and clearly communicating that proposition to customers
  3. Balanced retailers that deliver value via a balance of price and/or promotion.

Balanced retailers (think mid-market department stores) account for the majority of recent store closures and bankruptcies and their demise is driving the perception of a retail apocalypse. Premium and price-based retailers, in contrast, are on the rise. In the last five years, premier retailers’ revenues soared 81 percent and price-based retailers’ revenues rose by 37 percent, compared to a measly 2 percent increase for balanced retailers in the same time frame.

2. Do Prepare to Go Premium.

Unless you hope to compete with Walmart, the opportunity for small retailers lies in the premium category. High-income shoppers not only spend more, they also patronize a greater number of retailers. Deloitte reports that “in-store spending fragmentation” (the number of brick-and-mortar retailers a consumer regularly shops) is 17 percent higher among high-income consumers. Upscale consumers’ online spending fragmentation is even more pronounced — 40 percent higher than low-income consumers’.

3. Worry Less about Generations and More about Psychology.

It’s easy to get obsessed with millennials vs. baby boomers or the differences between Gen X and Gen Z. However, Deloitte found that shopper behavior is based much more on income level than on generational demographic. Consumers’ perception of their economic status is critical to their shopping habits and willingness to spend. The stereotypical millennial spending habits are really those of high-income millennials, but not the whole age group.

4. Do have a Digital Strategy.

The majority of retail sales may still take place in brick-and-mortar stores — but that could be because there are more low-income than high-income shoppers. Fifty-eight percent of low-income consumers would rather shop in store; however, 52 percent of high-income consumers would rather shop online. If you don’t already have an e-commerce presence, this could be the time to start building one. If you’re not ready to sell online, fine-tuning your online marketing and advertising strategy can help you attract the attention of online shoppers—and hopefully get them into your store.

Photo via Shutterstock

This article, “Worried About the Retail Apocalypse? 4 Ways Your Store Can Adapt” was first published on Small Business Trends


An IT Specialist takes over 5 Times the Salary of someone Working in Tourism in Bulgaria

Monday, April 30th, 2018

Computer specialists in Bulgaria receive about five and a half times the average salary for hotel and restaurant workers, according to a CITUB report on wage bargaining in 2017.

This is also the difference between the highest and the lowest average salary by sectors – for IT specialists the remuneration is 3150 BGN and for the employed in tourism – 580 BGN.

The low salary of the employed in the tourism sector against the backdrop of its growth last year meant either a payment under the table or an improper allocation of the financial resources, said the president of CITUB Plamen Dimitrov. According to him, this summer there will be no serious increase in the number of employees in tourism.

Last year, the average salary in Bulgaria rose by about 12 percent or by about 115 leva and its size had reached 1060 leva.

The lowest increase in wages in enterprises was between 3 and 10 percent.


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