Month: December 2022

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LG TO INTRODUCE VERSATILE CLEANING SOLUTION, CORDZERO A9 KOMPRESSOR WITH STEAM POWER MOP

On Show at CES, LG’s First Stick Vacuum with Steam Power Mop Nozzle Provides  Wet and Steam Mopping, Comes with Convenient ‘All-in-One Tower’ Docking Station

SEOUL, South Korea, Dec. 30, 2022 /PRNewswire/ — LG Electronics (LG) is introducing its new CordZero A9 Kompressor™ with Steam Power Mop at CES 2023. Winner of a CES 2023 Innovation Award, the new model is the company’s first cordless stick vacuum cleaner to offer steam mopping functionality. The CordZero A9 Kompressor also comes with the innovative All-in-One Tower docking station, designed to store, recharge and automatically empty the vacuum.

LG CordZero A9 Kompressor™ with Steam Power Mop

Equipped with the detachable Steam Power Mop nozzle, LG’s latest CordZero provides wet and steam mopping functionality; delivering a convenient, effective mopping performance that gets surfaces clean without using any detergent. In steam mopping, the mop pads are kept at a temperature of approximately 60 degrees Celsius (140 degrees Fahrenheit), enabling the CordZero A9 Kompressor to remove stains from flooring more easily than a conventional wet mopping solution. According to Intertek, the global testing and certification organization, LG’s steam-heated mop pads are more effective than a typical wet mop at separating substances, such as hardened chocolate, from the floor.[1]

Steam Power Mop Nozzle for LG CordZero A9 Kompressor

The Steam Power Mop nozzle also comes with dual sensors, which help prevent the attachment’s steam generator from overheating, as well as an advanced, automatic water supply system that keeps the mop pads wet during mopping. For user safety, if the nozzle is lifted off the floor or is held stationary for a period of approximately 20 seconds, the steam supply shuts off, while mop pad rotation is halted after around one minute of inactivity.[2] LG’s new cordless stick vacuum also incorporates the company’s Axial Turbo Cyclone™ technology, which helps remove dust and debris from floors and other household surfaces by generating powerful suction.

Accompanying the CordZero A9 Kompressor with Steam Power Mop is an All-in-One Tower. LG’s space-efficient and fast-charging docking station features a replaceable dust bag, an automated dustbin-emptying system and an intuitive display that provides real-time status updates. LG’s All-in-One Tower also offers three different alert/notification melodies to choose from and hassle-free storage for CordZero vacuum accessories.

“Our new CordZero A9 Kompressor with Steam Power Mop is a truly versatile cleaning solution, allowing users to clean any surface in the home thanks to its effective vacuuming and wet and dry mopping performance,” said Lyu Jae-cheol, president of LG Electronics Home Appliance & Air Solution Company. “LG will continue to offer innovative home appliances and cleaning devices for a healthier home and a better life.”

Visitors to LG’s booth (#15501, Las Vegas Convention Center) at CES 2023 from January 5-8 in Las Vegas can explore all of the company’s latest home appliance innovations, including its new CordZero stick vacuum with Steam Power Mop and All-in-One Tower.

[1] Tested by Intertek in June 2022. Comparing the Steam Power Mop Nozzle’s steam mop mode and wet mode in hardened-chocolate removal performance by passing the device back and forth over hard (PVC) flooring. Cleaning performance may vary depending on the usage environment.
 [2] Steam supply is automatically stopped when the nozzle has been lifted off or tilted away from the floor, and no movement has been detected for approximately 20 seconds. Mop pad rotation is automatically stopped when no movement has been detected for approximately one minute.

About LG Electronics Home Appliance & Air Solution Company

The LG Home Appliance & Air Solution Company is a global leader in home appliances, smart home solutions, air solutions as well as visionary products featuring LG ThinQ AI. The company is creating various solutions with its industry leading core technologies and is committed to making life better and healthier for consumers by developing thoughtfully designed kitchen appliances, living appliances, HVAC and air purification solutions. Together, these products deliver enhanced convenience, superb performance, efficient operation and compelling health benefits. For more news on LG, visit www.LGnewsroom.com.

Photo – https://mma.prnewswire.com/media/1975154/All_in_One_Tower_SteamMop_01.jpg
Photo – https://mma.prnewswire.com/media/1975155/All_in_One_Tower_SteamMop_02.jpg

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Italian Prime Minister confirms Libya’s support to speed up the election date

Rome- The Italian Prime Minister, “Giorgia Meloni,” confirmed yesterday, Thursday, that the Libyan issue is “crucial” for her country.

The Italian Nova Agency quoted “Melloni” as saying ((Libya is a crucial issue for us. They are working to hold elections as soon as possible, but there is an obstacle to rewriting the constitution. We are helping with operations and efforts in this sense, because Libya is essential for Italy.’) Reaffirming that the stability of Libya is of paramount importance.

Aaccording to Nova Agency; the Italian official also spoke during the year-end press conference about an ongoing “dialogue” that is not limited to the Libyan parties, but rather with all those interested in the Libyan crisis at the international level, including US President “Biden.

Source: Libyan News Agency

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Arab region registers world’s highest unemployment rate, UN survey finds

According to the latest UN survey, released on Friday, the Arab region registered a 12 per cent unemployment rate in 2022, the highest in the world.

However, the Survey of Economic and Social Developments in the Arab Region, published by the UN Economic and Social Commission for Western Asia (ESCWA) projects post-COVID-19 economic recovery efforts to prompt a very slight decrease next year – to 11.7 per cent.

Mounting poverty

Meanwhile, poverty measured against national lines also surged, affecting 130 million people in Arab countries, revealed the Survey.

Excluding Libya and Gulf Cooperation Council countries, more than one-third of the region’s population is affected.

Moreover, poverty levels are expected to rise over the next two years, reaching 36 per cent of the population in 2024.

Good news in growth

Notwithstanding disruptions triggered by the COVID-19 pandemic and war in Ukraine, the Survey showed an expected 3.4 per cent growth next year throughout the Arab region.

While inflation rates jumped this year to 14 per cent, they are predicted to drop to eight and 4.5 per cent, respectively, in the next two years.

Noteworthy discrepancies

Yet, despite the region’s positive growth outlook, Ahmed Moummi, lead author of the Survey, pointed to significant discrepancies among countries – which were exacerbated by the war in Ukraine.

Noting that repercussions were not the same for all Arab States, he maintained that Gulf Cooperation Council countries and other oil-exporting ones will continue to benefit from higher energy prices.

At the same time, oil-importing nations will suffer from several socioeconomic challenges, including rising energy costs, food supply shortages, and drops in both tourism and international aid inflows.

“The current situation presents an opportunity for oil-exporting Arab countries to diversify their economies away from the energy sector by accumulating reserves and investing in projects that generate inclusive growth and sustainable development”, Mr. Moummi underscored.

Through its annual Survey, ESCWA provides an analysis of the latest social and economic trends in the region to help member States in developing and implementing evidence-based policies, and improving economic planning processes for sustainable and inclusive development.

Source: United Nations

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Ghadames is preparing for the meeting of Aqila and Al-Mishri on the 11th of next January, to resolve the political crisis

Ghadames– The Libyan News Agency learned that the competent authorities in the municipality of Ghadames held today, Friday, an expanded meeting to discuss the municipality’s preparations and capabilities, as part of the municipality’s readiness for the meeting called for by the President of the Presidential Council, Muhammad al-Mnifi,of both the Speaker of the House of Representatives Aqila Saleh, and the head of the Supreme Council of State, Khaled Al-Mishri, to be held in the city of Ghadames on the 11th of next January, according to what the spokeswoman for the Presidential Council said yesterday, Thursday.

Informed sources in the city of Ghadames told the Libyan News Agency that this meeting was held at a time when the municipality did not receive information regarding the interaction of both Chancellor Aguila Saleh and Khaled Al-Mishri with the invitation of the President of the Presidential Council for a meeting to be held in Ghadames to resolve the Libyan crisis.

Source: Libyan News Agency

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WFP Libya Country Brief, November 2022

In Numbers

50,158 people assisted in November 2022

455 MT of food assistance distributed

US$ 233,470 cash-based transfers made

US$ 13.6 m six months (December 2022-May 2023) net funding requirements

Operational Updates

• In November, WFP reached 50,158 beneficiaries through its various operations. Under the general food assistance (GFA), 24,668 internally displaced persons (IDPs) and non-displaced individuals were assisted through food-restricted prepaid card cash transfers, and 18,640 vulnerable Libyans received in kind food rations. In addition, 6,673 vulnerable persons were provided with ready to eat (RTE) rations. After fulfilling their skills training classes, 177 trainees received cash assistance to support them with their career development.

• WFP continues to support around 620 farmers and agriculture specialists via the online Agriculture Information Network across 12 locations in Libya and facilitate their exchange on various agriculture related information.

• On 17 November, the Greek Foreign Minister, Nikos Dendias, visited the Benghazi port as part of his mission to Libya. A ceremony was organized by WFP to launch WFP rehabilitation of the Benghazi port, generously funded by the Greek Government.

• On 18 November, WFP Libya Country Director met with the Charge d’Affaires of Japan to Libya/Special Coordinator for Libya and briefed him on WFP’s strategies and focus under the new Country Strategic Plan for 2023 – 2025. They also discussed the current and future cooperation in Libya.

• The rehabilitation of the Sebha Market is almost completed. WFP continues to monitor the implementation and conducts dialogues with the local authorities and smallholder farmers in Sebha.

Source: World Food Programme

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CGTN: Private sector helps boost virus-hit economy in China

BEIJING, Dec. 29, 2022 /PRNewswire/ — China’s top leaders have pledged unwavering support for the private sector to boost the COVID-19-hit economy, as the fast-growing private sector has played a big role in creating new jobs, promoting technological innovations and stabilizing economic growth.

The Central Economic Work Conference, which was held in mid-December to set economic priorities for 2023, called for the equal treatment of private enterprises and stressed law-based protection for the property rights of private enterprises and the interests of entrepreneurs.

The conference expected an overall improvement in the economy and a strong boost to the market conference next year, and it encouraged more private capital to participate in the construction of key national projects.

The private economy has continued to see strong growth despite challenges posed by COVID-19. From January 2020 to August 2022, the number of Chinese private enterprises expanded from 35.2 million to 47.0 million. In 2021, they accounted for 92.1 percent of all enterprises.

In 2021, the private sector contributed 48.6 percent of foreign trade, 56.5 percent of fixed-asset investment, 59.6 percent of tax revenue, over 60 percent of GDP, over 70 percent of technological innovations and more than 80 percent of urban employment.

The foreign trade value of private enterprises was 19 trillion yuan ($2.7 trillion) in 2021, with an increase of 26.7 percent year on year. It surpassed the 14.03 trillion yuan by foreign-invested enterprises and 5.94 trillion yuan by state-owned enterprises.

China’s 500 largest private enterprises

China’s 500 biggest private enterprises have stronger performance, with the threshold for entry by operating revenue increasing from 20.2 billion yuan in 2019 to 26.4 billion yuan in 2021.

They have also injected strong growth momentum into foreign trade. Their export value doubled from 121.2 billion yuan in 2019 to 245.4 billion yuan in 2021.

In 2021, the total revenue of the top 500 hit 38.3 trillion yuan, with net profits at 1.73 trillion yuan. They contributed tax payments of 1.37 trillion yuan and provided 10.9 million jobs.

Over 60 percent of the top 500 companies concentrated on the secondary industry, with manufacturers accounting for 60.2 percent of the firms and 58.8 percent of the revenues.

Among the top 500, 393 firms are located in east China, with 107 firms from Zhejiang Province and 92 from Jiangsu Province. There are 60 firms on the list from central China, 40 from western China and seven from northeast China.

China’s top 500 private enterprises have driven technological innovation, with total valid patents rising from 398,215 in 2019 to 633,922 in 2021. Last year, the number of total valid patents surged 53.6 percent from a year ago, while international valid patents soared 474.7 percent year on year.

Chinese tech giants Huawei, Alibaba and Tencent were the top three investors in most of the research and development in 2021, with investment hitting 142.7 billion yuan, 57.8 billion yuan and 51.9 billion yuan, respectively.

https://news.cgtn.com/news/2022-12-29/Graphics-Private-sector-helps-boost-COVID-19-hit-economy-in-China-1g9TpKJsCXK/index.html

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