New Research Shows Remote Work Essential For Caregivers

 

 Work from home jobs for caregivers have been on the rise in recent years, and for good reason. A recent study by Mother Honestly and Care.com found that 73% of caregivers use the time they save from working from home to care for their children, and 70% use it to spend more time with their partner or spouse. This report shows that remote work can be vital for work-life balance, and employers must take note of these findings before deciding to eliminate remote work.

One of the main benefits of work from home jobs for caregivers is that it levels the gender playing field. Traditionally, caregiving responsibilities have been shouldered by women, but the ability to work from home has made it easier for men to contribute to child care and household chores.

The study found that 47% of men with a child under 15 felt they could spend more time with their kids and better help out their partners. This is a significant shift and it means that more opportunities are opening up for women to slow down on the homefront and ramp up on the workfront.

 Additionally, managers and caregivers are on the same page when it comes to remote work. The study found that 77% of managers and 76% of caregivers agree that remote work improves workers' overall quality of life. This is a significant shift as it shows that remote work has finally proven itself after three years of uncertainty from leaders.

It's important to note that remote work doesn't have to have a downside. Many workers and leaders are worried about the threat remote work poses to career advancement. The study found that 58% of women and 64% of men say remote work limits their career, while 48% of managers believe showing up to the office equates to more advancement opportunities. However, if employers truly commit to implementing a flexible and inclusive workplace, remote work can be a win-win for both employees and employers.

 One of the challenges that companies face when implementing remote work is cognitive biases. Attentional bias can play a role, as managers may only pay attention to the negative aspects of remote work and ignore the positive benefits, despite the new research about the benefits of remote work for caregivers.

Another cognitive bias that can impact companies is the status quo bias. This bias can lead managers to prefer the status quo, even when it's not the best option. For example, a manager may prefer to keep their employees in the office, even though remote work would benefit both the employees and the company through helping caregivers stay at their jobs.

Functional fixedness is another cognitive bias that can impact the remote work discussion. Managers may view remote work as a fixed concept and may not consider different variations of remote work, such as a hybrid model, that may better suit the company's needs and help to provide work-life balance for caregivers.

 The empathy gap can also play a role in the remote work discussion. Managers may not be able to fully understand the challenges that caregivers face and may not fully appreciate the benefits of remote work for caregivers.

It's important for employers to understand that remote work can level the gender playing field, with men stepping up more than ever before due to newfound flexibility. Remote work also improves workers' overall quality of life and can be a win-win for both employees and employers if implemented correctly.

However, employers must also be aware of the potential downsides of remote work and how cognitive biases can impact their decision-making process. It's essential to consider different variations of remote work, such as a hybrid model, that may better suit the company's needs.

Additionally, employers must understand that remote work can also have a positive impact on the company's bottom line. A recent study from Stanford found that companies that offer remote work options have lower turnover rates, which in turn can save the company money in recruitment and training costs.

Russia Threatens To Unleash ‘Combat Robot’ To Burn Ukraine’s US & German-Origin Abrams & Leopard 2 Tanks

However, shortly after the announcement, the former Roscosmos Chief had figured out how his country would battle these incoming Western tanks. Moscow quickly criticized the move, with Kremlin spokesman Dmitry Peskov warning that any tanks sent to Ukraine by the United States would “burn like all the rest.”

The former Director General of Roscosmos and the Head of the special military advisory group known as “Tsar’s Wolves,” Dmitry Rogozin, told RIA Novosti a shock version of the Russian Marker robot would be deployed in Ukraine in February to obliterate NATO-delivered tanks.

Rogozin explained the combat robot would be able to automatically recognize and attack Ukrainian equipment, including American Abrams tanks and German Leopards, owing to the computerized catalog of photographs.

The Marker is an unmanned ground vehicle (UGV), which resembles a tank in appearance, if not in weapons. It also features a tracked platform like a tank, which may be equipped with various sensors and weapons. Among them are a drone-launching casing and a turret with machine guns and anti-tank missiles.

Marker combat robot- Wikimedia Commons

“The combat version of the Marker robot has an electronic catalog in the control system with images of targets both in the visible range and in the infrared. Accordingly, the robot can automatically determine the enemy’s equipment. For example, as soon as deliveries of the Abrams and Leopard tanks to the Ukrainian troops begin, Marker will receive an appropriate electronic image and be able to detect and hit American and German tanks with ATGMs automatically,” Rogozin said.

Earlier this month, Rogozin wrote on his Telegram Channel that the combat robot would undergo a “baptism of fire” on the battlefields of the Donbas region of Eastern Ukraine. At the time, he said Marker “functions autonomously” to carry out combat operations and locate targets up to 9.3 miles away.

 The fact that Rogozin has pitted the new Russian robotic platform against Western-grade advanced battle tanks is significant. Until now, the Ukrainian Army has used the archaic Soviet-era tanks, the T-72s donated by NATO countries, or the tanks captured from the Russian troops.

However, now it hopes to break through Russian defensive positions and launch a massive counteroffensive using these cutting-edge battle tanks and armored vehicles from NATO allies. This offensive is expected to be launched in the spring when the snow has receded.

Markers Headed For Combat

Marker was developed by the “Android Technique” company in collaboration with the Advanced Research Foundation. It weighs over three tons and reportedly boasts Russia’s most sophisticated object identification and autonomous movement capabilities.

Earlier this month, Russia announced that it had concluded research on its experimental Marker robot combat vehicle. It is worth noting that the robot was developed as a robotized platform for testing the most advanced technologies for second-generation combat robots, which only undergo the concept development phase.

The vehicle has a suspended UAV inside, advanced weaponry, the ability to navigate terrain, and independently build a route. A modular multispectral vision system that uses neural network techniques to process data ensures the platform’s independence.

 

According to previous reports in Russian media, the combat version of the Marker robot has been tested at Russia’s Vostochny Cosmodrome. It can pinpoint and fire upon enemy targets “in the affected area with its fire weapons.”

In his interaction with RIA Novosti, Rogozin explained that the robot could also autonomously prioritize targets. He said, “Let’s say it spotted a T-64, an armored personnel carrier, and some foreign equipment on the line of contact.

The robot will independently select a target according to priority based on which of them is the most significant – and hit it with the appropriate firepower.”

“Marker” has a swivel combat module capable of turning around 540 degrees in just one second. The module can be equipped with various anti-tank missile systems, grenade launchers, heavy machine guns, and other weapons.

It is pertinent to mention here that the Marker robot was never intended for combat. However, Russia has already deployed several new robots to support its operations in Syria and eastern Ukraine. On its part, the Marker may go over and beyond the capabilities of the robots fielded in the past.

Rogozin told the media that four Marker robots will be delivered to the Donbas in February, both in reconnaissance and strike versions. First, they will be tested at the training ground and later in combat.

Billionaire Adani's Empire Loses $51 Billion in 48 Hours

 Suspicion is creating chaos in the empire built by the Indian billionaire Gautam Adani, who since last year has become the richest man in Asia. 

Adani, 60, saw his fortune jump by more than $40 billion last year, according to the Bloomberg Billionaires Index. While the fortunes of a number of tech billionaires were melting, this leap propelled him into the elite holders of the world's biggest fortunes.. 

He managed to rank as the second richest person behind Elon Musk, Tesla's CEO. He fell back to finish the year in third place. And he's currently the fourth richest person in the world with a net wealth valued at $113 billion as of Jan. 26, according to the 

Now, as he tries to establish himself on the world stage, observers can expect his wealth to dwindle further. That's because for the past two days he's been caught up in what appears to be a nightmare.

Short-Seller Hindenburg's Allegations

The New York investment firm Hindenburg Research has announced that it shorted stocks of the Andani conglomerate through U.S.-traded bonds and non-Indian-traded derivative instruments. 

This means that Hindenburg Research, a well-known short-seller, is betting on a short-term drop in the prices of these equities. 

The short-seller explains that the bet stems from alleged illegal practices on the part of the Indian tycoon's conglomerate.

"We have uncovered evidence of brazen accounting fraud, stock manipulation and money laundering at Adani, taking place over the course of decades," Hindenburg wrote in a report. 

"Adani has pulled off this gargantuan feat with the help of enablers in government and a cottage industry of international companies that facilitate these activities."

The report describes a galaxy of shell entities based in tax havens -- the Caribbean, Mauritius and the United Arab Emirates -- controlled by the Adani family.

"The Adani Group has previously been the focus of 4 major government fraud investigations which have alleged money laundering, theft of taxpayer funds and corruption, totaling an estimated U.S. $17 billion," Hindenburg said. 

"Adani family members allegedly cooperated to create offshore shell entities in tax-haven jurisdictions like Mauritius, the UAE, and Caribbean Islands, generating forged import/export documentation in an apparent effort to generate fake or illegitimate turnover and to siphon money from the listed companies."

The Adani Empire responded in two separate statements, one the day after the report was released and the other the following day. It rejects all these accusations and threatens to resort to the legal process to defend itself. 

The report is a malicious combination of selective misinformation and stale, baseless and discredited allegations that have been tested and rejected by India’s highest courts," commented Jugeshinder Singh, Adani Group's chief financial officer, in a statement on Jan. 25.

Adani Threatens 'Punitive Action' in Court

"The maliciously mischievous, unresearched report published by Hindenburg Research on 24 Jan 2023 has adversely affected the Adani Group, our shareholders and investors," said Adani Group's head of legal, Jatin Jalundhwala, in another statement on Jan. 26.

"We are deeply disturbed by this intentional and reckless attempt by a foreign entity to mislead the investor community and the general public, undermine the goodwill and reputation of the Adani Group and its leaders, and sabotage the [Follow-on Public Offering] from Adani Enterprises. 

"We are evaluating the relevant provisions under US and Indian laws for remedial and punitive action against Hindenburg Research," he continued.

Hindenburg is doubling down.

"Regarding the company's threats of legal action, to be clear, we would welcome it," the short-seller reacted. "We fully stand by our report and believe any legal action taken against us would be meritless."

Market Rout in Adani Company Shares

In the meantime, Adani companies are seeing a stock-market rout. Over the past two trading sessions, the Adani empire has lost a total of $51 billion in market capitalization, according to Bloomberg News. 

Adani Enterprises, the flagship of this empire, for example, lost nearly a fifth (more than 19%) of its value on Friday. Units like Adani Green Energy and Adani Total Gas plunged 20%, the daily limit allowed. Adani Power lost 5%. Adani Port’s share price dropped 13.8% and Adani Transmission fell 19.47%.

The sales of shares in Adani-related entities were widespread, with large trading volumes. The companies are listed on Mumbai.

Friday's falls follow those of Wednesday, the first session after Hindenburg published its report. India's stock market was closed on Thursday, Jan. 26.

This stock-market rout also affects Gautam Adani's fortune. According to Bloomberg, this wealth should drop below $100 billion once the calculations are made by Jan. 27. It would be around $93 billion. At this level, Adani would have lost about $26 billion of his fortune since the publication of the Hindenburg report.

BUSINESSNaira redesign: CBN gives new update on deadline for return of old notes

CBN disclosed this on Monday in a bulk message to Nigerians.

Nigeria’s apex bank urged Nigerians not to wait until January 31, 2023, the deadline, before depositing their old naira N200, N500, N1,000 at the bank.

   Don’t wait till January 31, 2023, to deposit your old N200, N500, and N1,000 banknotes with your bank or agent”, the SMS reads.

Read more>>> https://www.probestworld.com.ng/2023/01/peter-ruth-odion-founder-of-probest.html

Earlier, the CBN ordered all commercial banks to load their ATMs with the new naira notes.

The Director of Currency Operations, Mr Ahmed Umar, made this disclosure.

 We, CBN management, have ordered banks to stop putting old notes in their ATMs. They should only put the new notes,” he said.

Checks by DAILY POST gathered that Maitama, Wuse, Jabi, Utako, Kubwa, and Gwarimpa areas of the Federal Capital Territory are yet to comply fully.

Benjamin Anayo expressed disappointment after an ATM in Wuse Market dispensed old naira notes to him.

He said, “I came here to withdraw money to buy some ingredients at Wuse market, but to my surprise, the N20,000 I withdrew all came out in old notes.”

Another bank customer, Adamu Abdullahi, said when he used the ATM in Utako, it dispensed both new and old Naira notes.

 Reacting to the development in a chat with DAILY POST, a financial inclusion/wealth management expert, Mr Idakolo Gbolade, called on CBN to extend the deadline to avert a new microeconomic problem occasioned by new naira notes scarcity.

Read more >>> https://www.probestworld.com.ng/2022/11/peter-success-odion-nollywood-film.html

“The CBN needs to adequately address the current scarcity of the new notes as most banks have limited quantities to load their ATMs. When you visit most of the ATMs in urban areas, you will discover partial compliance with the CBN’s directives, as the ATMs are loaded with a mixture of old and new notes.

  Due to the impending deadline, the CBN must release its performance on the distribution of the new notes and probably extend the deadline to ensure that scarcity after the January 31 deadline won’t create a new microeconomic problem for the country”, he said.