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Environmental Remediation Market Size Value to Register USD 164 Billion by 2026, at 7.5% CAGR, Says Facts & Factors

According to the [190+ Pages] research report; the global Environmental Remediation Market in 2019 was approximately USD 98.5 Billion. The market is expected to grow at a CAGR of 7.5% and is anticipated to reach around USD 164 Billion by 2026. Top market players are Entact LLC, Golder Associates Corporation, Environmental and Marine Engineering NV, GEO Inc. and others.New York, NY, Feb. 12, 2021 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Environmental Remediation Market By Environmental Medium (Groundwater, Soil, and Others), By Application (Agriculture, Construction and Land Development, Mining & Forestry, Automotive, Chemical Production/Processing, Oil and Gas, Industrial, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026”. “According to the research study, the global Environmental Remediation Market was estimated at USD 98.5 Billion in 2019 and is expected to reach USD 164 Billion by 2026. The global Environmental Remediation Market is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2019 to 2026”. Environmental remediation is a sort of environmental services that are dedicated to combating growing environmental pollution issues by preventing the groundwater and soil from different contaminants, and in this case, the contaminants are ionizing radiation-emitting sources. Wastewater, solid waste, and aerosols are treated through several environmental remediation technologies. However, the considerable utilization of the technologies is in extracting the gases released while refining and production of oil and petroleum products. Request Your Free Sample Report of Environmental Remediation Market @ https://www.fnfresearch.com/sample/global-environmental-remediation-market-by-environmental-medium-groundwater (The free sample of this report is readily available on request). Our Free Sample Report Includes: 2020 Updated Report Introduction, Overview, and In-depth industry analysisCOVID-19 Pandemic Outbreak Impact Analysis Included190+ Pages Research Report (Inclusion of Updated Research)Provide Chapter-wise guidance on Request2020 Updated Regional Analysis with Graphical Representation of Size, Share & TrendsIncludes Updated List of table & figuresUpdated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue AnalysisFacts and Factors research methodology (Note: The sample of this report is updated with COVID-19 impact analysis before delivery) Key Questions Answered in this Report 1) What was the impact of COVID-19 on the Environmental Remediation Market? 2) What is the market size, share of the Environmental Remediation Market? 3) Who are the top market players in Environmental Remediation Market? 4) What will be the future market of the Environmental Remediation Market? Key Offerings: Market Size & Forecast by Revenue | 2020−2026Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunitiesMarket Segmentation – A detailed analysis by product, by types, end-user, applications, segments, and geographyCompetitive Landscape – Top key vendors and other prominent vendors Inquire more about this report before purchase @ https://www.fnfresearch.com/inquiry/global-environmental-remediation-market-by-environmental-medium-groundwater (You may enquire a report quote OR available discount offers to our sales team before purchase.) Impact Analysis of COVID-19 Pandemic on Businesses: Know Short Term and Long Term Impact Most of the businesses are facing a growing litany of business-critical concerns related to the coronavirus outbreak, including supply chain disruptions, a risk of a recession, and a potential drop in consumer spending. All these scenarios will play out differently across various regions and industries, making accurate and timely market research more essential than ever. We at Facts and Factors (http://www.fnfresearch.com) understand how difficult it is for you to plan, strategize, or make business decisions, and as such, we have your back to support you in these uncertain times with our research insights. Our team of consultants, analysts, and experts has developed an analytical model tool for markets that helps us to assess the impact of the virus more effectively on the industrial markets. We are further implementing these insights into our reports for a better understanding of our clients. Request COVID-19 Impact Analysis on Businesses: https://www.fnfresearch.com/sample/global-environmental-remediation-market-by-environmental-medium-groundwater The oil and gas category under the application segment accounts for the major share in the global environmental remediation market. The market share for the category is likely to grow at a substantial rate throughout the projected period. The mining and forestry category under application also fuels the environmental remediation technology demand for the effective removal of contaminants released in surface water, groundwater, and soil by chemical and mining industries. Top Market Players Entact LLCGolder Associates CorporationEnvironmental Marine Engineering NVGEO Inc.Dredging InternationalEnvironmental Remediation Resources Pty Ltd.Brisea Group Inc.Newterra Ltd.Clean Harbors Inc.Terra Systems Inc. To know an additional revised 2020 list of market players, request a sample report: https://www.fnfresearch.com/sample/global-environmental-remediation-market-by-environmental-medium-groundwater Growing population and rapid industrialization in developing economies fuels the global environmental remediation market Owing to the growing population, the need for residential areas is expanding, especially in developing countries. Therefore, to arrange the accommodation in the densely populated areas, the contaminated fields are refined and redeveloped into residential sites. And to refine the contaminated lands and resources, there is an extensive need for remediation services, which eventually propels the global market. Moreover, the growing industrialization sector discharges contaminated wastes in bulk such as heavy metals in water bodies and soil. Environmental Protection Agency has listed chromium, mercury, lead, copper, zinc, and nickel heavy metals as the key environmental pollutants. Different companies and regulatory bodies have introduced remediation techniques to remove such heavy metal contaminants. Refining of contaminated industrial sites in urban areas may bolster the environmental remediation market in the coming years The industrial sites within the premises of urban areas have extremely high worth. Therefore, the economic incentives for the removal of hazardous contaminants and retaining the safety of the surroundings are quite high. To encourage this activity, few of the U.S. states have set regulations that the new owner would have to enroll in the state voluntary cleanup program before establishing the industrial project on that land. This would lead to a significant expansion of the global environmental remediation market. Directly Purchase a copy of the report with TOC @ https://www.fnfresearch.com/buynow/su/global-environmental-remediation-market-by-environmental-medium-groundwater The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the Environmental Remediation Market. Moreover, the study offers wide coverage of key strategic improvements witness in the market such as acquisitions & mergers, new product and service launches, collaborations, R&D activities, and global expansion of key players of the global Environmental Remediation Market. Environmental remediation is a sort of environmental services that are dedicated to combating growing environmental pollution issues by preventing the groundwater and soil from different contaminants, and in this case, the contaminants are ionizing radiation-emitting sources. Wastewater, solid waste, and aerosols are treated through several environmental remediation technologies. However, the considerable utilization of the technologies is in extracting the gases released while refining and production of oil and petroleum products. Request Customized Copy of Report @ https://www.fnfresearch.com/customization/global-environmental-remediation-market-by-environmental-medium-groundwater (We customize your report according to your research need. Ask our sales team for report customization.) The global environmental remediation market is segmented in terms of Environmental Medium by Groundwater, Soil, and Others. By Application, the market is categorized into Agriculture, Construction and Land Development, Mining & Forestry, Automotive, Chemical Production/Processing, Oil and Gas, Industrial, and Others. In October 2019, Newterra made an announcement of procuring TIGG Newterra Group Ltd., which is a key distributor of water to the industrial, municipal, and environmental remediation sectors. Browse the full “Environmental Remediation Market By Environmental Medium (Groundwater, Soil, and Others), By Application (Agriculture, Construction and Land Development, Mining & Forestry, Automotive, Chemical Production/Processing, Oil and Gas, Industrial, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026″ report at https://www.fnfresearch.com/global-environmental-remediation-market-by-environmental-medium-groundwater Key Insights from Primary Research Experts suggest the triggering growth factor for the market will be rapid industrialization and a growing population, particularly in the urban areas.As per our primary respondents, the demand for remediation technology is maximum in North America and is anticipated to increase in the coming several years.The primary experts stated that the “oil & gas” category of the application segment holds almost one-fourth share of the global environmental remediation market.The “groundwater” category under the environmental segment captures the major share in the global market, while the “soil” category is anticipated to grow at a relatively faster rate of around 8%.The contribution of the automotive sector in bolstering the global demand for environmental technologies is the least. The global environmental remediation market is segmented as: Global Environmental Remediation Market: By Environmental Medium GroundwaterSoilOthers Global Environmental Remediation Market: By Application AgricultureConstruction and Land DevelopmentMining and ForestryAutomotiveChemical Production/ProcessingOil and GasIndustrialOthers Related Reports: Oil And Gas Analytics Market: https://www.fnfresearch.com/oil-and-gas-analytics-market-by-deployment-platform-571 Solar Panel Cleaning Market: https://www.fnfresearch.com/global-solar-panel-cleaning-market-by-technology-dry-595 End of Line Packaging Market: https://www.fnfresearch.com/end-of-packaging-market-by-technology-automatic-and-748 Gas Water Heater Market: https://www.fnfresearch.com/gas-water-heater-market-by-type-instant-storage-1000 Offshore Wind Energy Market: https://www.fnfresearch.com/offshore-wind-energy-market-by-component-turbine-substructure-1216 About Facts & Factors (FnF Research): Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business. Follow Us LinkedIn: https://www.linkedin.com/company/fnfresearch Follow Us Twitter: https://twitter.com/fnfresearch Contact Us: Facts & Factors USA: +1-347-989-3985 Email: sales@fnfresearch.com Web: https://www.fnfresearch.com Blog: http://fnfnewsblog.com

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Economists predict slight rebound and moderate growth for B.C. economy in 2021 – North Shore News

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VICTORIA — Finance Minister Selina Robinson said she’s encouraged by predictions that British Columbia’s economy will rebound this year and next. 

Robinson heard Friday from economists on the province’s Economic Forecast Council who estimate B.C. is on track for real GDP growth of 4.7 per cent this year and 4.3 per cent next year, before growth slows. 

The same measurement for the provincial economy in 2020 shows a 5.1 per cent decline, the worst contraction since 1980.

“We can see the light at the end, but we’re still in the tunnel,” Robinson said in an interview after the hearing from the council. 

The council of economists from major financial institutions and business associations warned that the strength of recovery depends heavily on the rollout of COVID-19 vaccines. 

Recovery is expected to escalate as the province reaches herd immunity and consumer activity increases, while work ramps up in areas like construction on resource projects.

All signs point to a strong recovery in the United States, which will also help boost B.C.’s rebound, several economists said during the session. 

But Robinson also heard the recovery won’t be felt evenly, with certain hard-hit industries and low-wage earners tending to suffer the greatest ongoing impacts of the pandemic. 

Women, people of colour and those without more than a high school education have fared worse than others, Robinson heard. 

At the same time, the skilled labour market is expected to tighten, suggesting good government policy could involve investment in training, education and financial support for those transitioning to new industries, she heard. 

“Obviously, here we are 10 months out and there are some doing really well and others being completely left behind,” Robinson said. 

“What caught my attention was making sure that we’re investing right now in people, but also into the future.”

Online shopping will likely change retail in the long term, while struggling sectors like tourism may see a strong, if delayed, rebound thanks to pent-up demand for travel and leisure, Robinson heard. 

The challenge will be to bridge the current situation to the time when there is herd immunity, while maintaining an active tourism sector, she said. 

The minister said the next B.C. budget will focus on continuing to support British Columbians through the emergency of the pandemic while investing in the future. 

The government will table its budget on April 20 after legislation passed in December allowed it to delay its introduction from the traditional date in February.

The B.C. government announced late last year that the deficit forecast had grown and the budget shortfall was expected to hit $13.6 billion this fiscal year. 

The Finance Ministry predicted B.C.’s economy would decline by 6.2 per cent in 2020, but growth was expected to rebound to three per cent in 2021. 

Liberal finance critic Mike Bernier said the economic forecast report makes clear there is much more work in store for the New Democrat government on the road to economic recovery. It begins with fixing “growing problems” in their current support programs, he said in a statement. 

“The forecast council is doing important work looking ahead to the economic future of British Columbia, and that is certainly vital, but we cannot let the government forget about the here and now,” Bernier said. 

He accused the government of fumbling the provision of economic support at nearly every turn, from delayed pandemic pay to a “botched” rollout for small and medium-sized businesses. 

Of the $300 million set aside for B.C. businesses at the beginning of the pandemic, only $21 million has been distributed, Bernier said. 

“We need to see (Premier) John Horgan and his government take immediate steps to fix their ineffective programs and provide people with the relief they need to make it through this pandemic.”

This report by The Canadian Press was first published Feb. 26, 2021.

Amy Smart, The Canadian Press

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Canadian dollar falls by most since October as risk appetite frays

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Canadian dollar

By Fergal Smith

TORONTO (Reuters) – The Canadian dollar tumbled against its broadly stronger U.S. counterpart on Friday as this week’s spike in bond yields weighed on investor sentiment, with the loonie extending its pullback from a three-year high the day before.

The Canadian dollar was trading 0.9% lower at 1.2710 to the greenback, or 78.68 U.S. cents, its biggest decline since last October. It touched its weakest since Feb. 18 at 1.2729, while it was down 0.8% for the week.

On Thursday, the loonie touched its strongest intraday level since February 2018 at 1.2464.

“The loonie is losing ground along with other risk assets as market volatility increased on a small tantrum over the rising U.S. yields,” said Amo Sahota, director at Klarity FX in San Francisco.

The safe-haven U.S. dollar rose against a basket of major currencies and global equity markets swooned, even as the bond selloff eased a bit. Fears of rising inflation still weighed on sentiment as data showed a strong rebound in U.S. consumer spending.

“The underlying fundamentals are unchanged so commodity demand strength will remain robust and that should help underpin the loonie and prevent this from turning into a complete rout,” Sahota said.

Oil prices settled 3.2% lower at $61.50 a barrel as forecasts called for crude supply to rise in response to prices climbing above pre-pandemic levels.

Canada‘s C$100 billion ($79 billion) stimulus plan is justified by the economic hole caused by the COVID-19 pandemic, government sources said, as analysts warned Ottawa against racking up too much debt and making investments that fail to boost growth.

Canadian government bond yields fell across a flatter curve in sympathy with U.S. Treasuries. The 10-year was down 6.8 basis points at 1.398%.

On Thursday, it touched a 13-month high at 1.486%, while it was up 18.5 basis points for the week.

 

(Reporting by Fergal Smith; Editing by Steve Orlofsky and David Gregorio)

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Economists predict slight rebound and moderate growth for B.C. economy in 2021 – The Tri-City News

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VICTORIA — Finance Minister Selina Robinson said she’s encouraged by predictions that British Columbia’s economy will rebound this year and next. 

Robinson heard Friday from economists on the province’s Economic Forecast Council who estimate B.C. is on track for real GDP growth of 4.7 per cent this year and 4.3 per cent next year, before growth slows. 

The same measurement for the provincial economy in 2020 shows a 5.1 per cent decline, the worst contraction since 1980.

“We can see the light at the end, but we’re still in the tunnel,” Robinson said in an interview after the hearing from the council. 

The council of economists from major financial institutions and business associations warned that the strength of recovery depends heavily on the rollout of COVID-19 vaccines. 

Recovery is expected to escalate as the province reaches herd immunity and consumer activity increases, while work ramps up in areas like construction on resource projects.

All signs point to a strong recovery in the United States, which will also help boost B.C.’s rebound, several economists said during the session. 

But Robinson also heard the recovery won’t be felt evenly, with certain hard-hit industries and low-wage earners tending to suffer the greatest ongoing impacts of the pandemic. 

Women, people of colour and those without more than a high school education have fared worse than others, Robinson heard. 

At the same time, the skilled labour market is expected to tighten, suggesting good government policy could involve investment in training, education and financial support for those transitioning to new industries, she heard. 

“Obviously, here we are 10 months out and there are some doing really well and others being completely left behind,” Robinson said. 

“What caught my attention was making sure that we’re investing right now in people, but also into the future.”

Online shopping will likely change retail in the long term, while struggling sectors like tourism may see a strong, if delayed, rebound thanks to pent-up demand for travel and leisure, Robinson heard. 

The challenge will be to bridge the current situation to the time when there is herd immunity, while maintaining an active tourism sector, she said. 

The minister said the next B.C. budget will focus on continuing to support British Columbians through the emergency of the pandemic while investing in the future. 

The government will table its budget on April 20 after legislation passed in December allowed it to delay its introduction from the traditional date in February.

The B.C. government announced late last year that the deficit forecast had grown and the budget shortfall was expected to hit $13.6 billion this fiscal year. 

The Finance Ministry predicted B.C.’s economy would decline by 6.2 per cent in 2020, but growth was expected to rebound to three per cent in 2021. 

Liberal finance critic Mike Bernier said the economic forecast report makes clear there is much more work in store for the New Democrat government on the road to economic recovery. It begins with fixing “growing problems” in their current support programs, he said in a statement. 

“The forecast council is doing important work looking ahead to the economic future of British Columbia, and that is certainly vital, but we cannot let the government forget about the here and now,” Bernier said. 

He accused the government of fumbling the provision of economic support at nearly every turn, from delayed pandemic pay to a “botched” rollout for small and medium-sized businesses. 

Of the $300 million set aside for B.C. businesses at the beginning of the pandemic, only $21 million has been distributed, Bernier said. 

“We need to see (Premier) John Horgan and his government take immediate steps to fix their ineffective programs and provide people with the relief they need to make it through this pandemic.”

This report by The Canadian Press was first published Feb. 26, 2021.

Amy Smart, The Canadian Press

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