Tag Archives: grows

Amazon grows share of US digital ad market to more than 10 percent

Amazon now controls more than one-tenth of the digital ad market after growing its share over last year.

An analysis from eMarketer obtained by The Wall Street Journal[1] found that Amazon’s share of the U.S. digital ad market grew to 10.3 percent in 2020, compared to the 7.8 percent it controlled in 2019.

The company is projected in the report to grow its share to 10.7 percent this year, 11.9 percent in 2022 and 12.8 in 2023, according to the Journal.

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The projections still put Amazon far behind Google and Facebook, which each control more than a quarter of the market, but signals that its competitiveness in the field is growing even amid calls for it to face antitrust action due to its dominance in the online market space sector.

Google, Amazon, and several other tech companies are under antitrust investigations by Congress, the Department of Justice and the Federal Trade Commission.

Amazon faced criticism[2] for possibly misleading Congress last year after it was reported by the Journal that the company used seller data to guide its product development strategies in order to determine which products to manufacture and market under an Amazon brand name.

“You can see Amazon gaining share, Google losing share, and Facebook stable and gaining a tiny bit,” Nicole Perrin, a senior analyst at eMarketer, told the Journal. “A big reason for that is Facebook isn’t doing search ads and that’s where Amazon is really competing.”

References

  1. ^ The Wall Street Journal (www.wsj.com)
  2. ^ faced criticism (thehill.com)

[email protected] (John Bowden)

With an Eye on 2024, a Rarely Bashful Pompeo Grows More Combative

WASHINGTON — As secretary of state during the Trump administration, Mike Pompeo had little regard for his job’s genteel diplomatic protocols, routinely throwing verbal punches[1] against foreign governments[2], political[3] opponents[4] and the mainstream media[5].

Out of office for more than two months, Mr. Pompeo has not stopped punching. In a series of speeches, interviews and Twitter posts, he is emerging as the most outspoken critic of President Biden among former top Trump officials. And he is ignoring, much as he did in office, the custom that current and former secretaries of state avoid the appearance of political partisanship.

In back-to-back appearances in Iowa and during an interview in New Hampshire[6] over the past week, Mr. Pompeo questioned the Biden administration’s resolve toward China. In Iowa, he accused the White House of reversing the Trump administration’s immigration policy “willy-nilly and without any thought.” He derided Mr. Biden for referring to notes during his first formal news conference on Thursday.

“What’s great about not being the secretary of state anymore is I can say things that when I was a diplomat I couldn’t say,” Mr. Pompeo said the next morning, to a small crowd at the Westside Conservative Club near Des Moines[7].

Never mind that he was hardly known for biting his tongue, even as the nation’s top diplomat. It seems clear that Mr. Pompeo, a onetime Republican congressman from Kansas, is animated not just by freedom but also by a drive for high elective office that has long been evident to friends and foes. His appearances in a pair of presidential battleground states only seem to confirm his widely assumed interest in a 2024 presidential campaign.

“Usually former presidents and secretaries of state try not to quickly trash their successors — especially in foreign policy,” said Michael Beschloss, a presidential historian. He said Mr. Pompeo “probably believes he is demonstrating his Trumpiness by castigating the performance of the newly installed President Biden.”

“This hastiness is not a sign of self-confidence,” Mr. Beschloss said. “Presidential aspirants who have faith in their staying power are not so grabby.”

Mr. Pompeo’s political strategist did not respond to messages seeking comment or an interview, but people close to Mr. Pompeo said Democratic secretaries of state before him, including John Kerry and Hillary Clinton, were openly critical of President Donald J. Trump.

But Mr. Kerry largely held his tongue for the first months of the Trump presidency, growing more openly critical[8] — if less relentlessly so — after Mr. Trump announced in June 2017 that the United States would pull out of the Paris climate agreement. By the time Mr. Trump took office earlier that year, Mrs. Clinton, his election opponent, had long shed any nonpartisan diplomatic veneer.

Mr. Pompeo has notably steered clear of directly criticizing Antony J. Blinken, the current secretary of state, with whom he said[9] he had a “productive” meeting in January before Mr. Biden’s inauguration.

But he has since repeatedly denounced policies in which Mr. Blinken plays a key role.

Last week, Mr. Pompeo tweeted that the Biden administration’s plans to restart aid to the Palestinians canceled under Mr. Trump were “immoral” and would support terrorist activity. “Americans and Israelis should be outraged by the Biden administration’s plans to do so,” Mr. Pompeo wrote[10].

But his commentary goes beyond foreign policy. Mr. Pompeo has also condemned Mr. Biden’s “backward” “open border” policies. And on March 19, he simply tweeted the number 1,327[11] — an apparent reference to the number of days until the 2024 election.

Mr. Pompeo appears to have a heightened sense of animosity toward Mr. Kerry, who is back in government as Mr. Biden’s climate czar. That appointment, in part, does “not bode well for American energy and for affordable energy here at home,” Mr. Pompeo said in Iowa.

And in a Feb. 22 appearance on Fox News[12], Mr. Pompeo unloaded on his predecessor over meetings Mr. Kerry had during the Trump years with Iran’s foreign minister, Mohammad Javad Zarif, which Mr. Pompeo called an “un-American” effort to undermine Mr. Trump’s foreign policy.

There is little sign that Mr. Pompeo’s criticism has struck a nerve among Biden officials and their allies. Asked about the remarks last month, a State Department spokesman, Ned Price, declined to respond directly but said the Biden and Trump administrations shared the goal of preventing Iran from acquiring a nuclear weapon.

“No one cares,” Ben Rhodes, a former deputy national security adviser to President Barack Obama, tweeted in response[13] to a recent news report about a Pompeo critique of Mr. Biden’s policies.

Mr. Pompeo drew modest crowds but a warm reception at two events in Iowa. He was scheduled to speak[14] to Republicans in New Hampshire on Monday on a video fund-raiser for a State House candidate.

Republicans say Mr. Pompeo stands a chance of uniting the Trump movement with the party’s more traditional Reaganite wing, in which he has his roots. But he will have a steep climb.

Some polls show him lagging far behind nearly all other 2024 Republican contenders in Iowa[15] and New Hampshire[16]. Even Mr. Trump, when asked during a Fox News interview last week[17], neglected to mention Mr. Pompeo when naming Republicans he expects to shape the party’s future.

“It’s going to be a very crowded field, and somebody like Pompeo needs time to break through, which is why he’s starting so early,” said Alex Conant, a Republican strategist and former aide to Senator Marco Rubio, Republican of Florida.

To some, Mr. Pompeo is simply continuing a nod-and-wink campaign he began as secretary of state, when he delivered several speeches to audiences in swing states, to evangelical conservatives and to the annual Conservative Political Action Conference.

He was the first sitting secretary of state in modern history to address a party’s national convention, a platform he used to introduce himself to a domestic audience while on a taxpayer-funded diplomatic visit to Jerusalem[18] in August. He also hosted about two dozen dinners at the State Department[19] over two years for foreign policy discussions with American business leaders and political conservatives whose support would be crucial in future campaigns.

Mr. Conant said Mr. Pompeo most likely felt that he must take an early high-profile and combative role to make inroads among Republican voters.

“Pompeo is still looking to establish his brand,” Mr. Conant said. “He’s not as well known in his own right, and the way to get attention is to be partisan and show the Republican base that you’re willing to take the fight to the Democrats.”

Mr. Pompeo has cast his recent politicking as assistance for Republican congressional midterm candidates.

“If we get 2022 right, 2024 will solve itself,” Mr. Pompeo said in Iowa.

When pressed, Mr. Pompeo has not denied that he is considering a presidential campaign.

“I’m always up for a good fight,” Mr. Pompeo told the Fox News host Sean Hannity in a March 3 interview[20] when asked if he would run. “I’ve been a part of the conservative movement for an awfully long time now. I aim to keep at it.”

“I’ll take that as a strong maybe,” Mr. Hannity replied.

“That’s perfect,” Mr. Pompeo said.

In a separate Fox News appearance last month, Mr. Pompeo complained that former Obama officials like Mr. Kerry had sought to remain active, at least when it came to world affairs.

“They lost an election, and they should have just gotten off the stage,” Mr. Pompeo said.

References

  1. ^ routinely throwing verbal punches (www.nytimes.com)
  2. ^ foreign governments (www.nytimes.com)
  3. ^ political (www.nytimes.com)
  4. ^ opponents (www.nytimes.com)
  5. ^ mainstream media (www.nytimes.com)
  6. ^ interview in New Hampshire (www.wmur.com)
  7. ^ small crowd at the Westside Conservative Club near Des Moines (www.c-span.org)
  8. ^ more openly critical (twitter.com)
  9. ^ he said (twitter.com)
  10. ^ Mr. Pompeo wrote (twitter.com)
  11. ^ tweeted the number 1,327 (twitter.com)
  12. ^ appearance on Fox News (www.youtube.com)
  13. ^ tweeted in response (twitter.com)
  14. ^ scheduled to speak (twitter.com)
  15. ^ in Iowa (victory-insights.com)
  16. ^ New Hampshire (victory-insights.com)
  17. ^ asked during a Fox News interview last week (twitter.com)
  18. ^ taxpayer-funded diplomatic visit to Jerusalem (www.nytimes.com)
  19. ^ hosted about two dozen dinners at the State Department (www.nytimes.com)
  20. ^ March 3 interview (www.foxnews.com)

Lara Jakes and Michael Crowley

Naga fans rage at Boris as flag backlash grows against BBC star 'It's a culture war!'

Supporters have since come to Naga’s defence, including historian and Professor Kate Williams who stated the Government were fuelling a “culture war”.

In view of her 121,000 Twitter followers, Professor Williams penned: “The Government wants to whip up this pile on Naga Munchetty – a fantastic broadcaster who was expressing amusement at her co-presenter’s joke – to distract us from their failings, spending, Brexit, COVID. These culture wars are dangerous – real people are targeted.”

In a follow-up tweet, Professor Williams slammed Boris Johnson’s Government being more concerned about flags than the number of deaths as a result of Covid.

Social media users reacted to the post, as one remarked: “Damn straight, Professor Williams. Naga is a professional broadcaster, an asset to the BBC & I think she knows the mood of a room. Satire is a very British quality & one we shouldn’t ever let be crushed.”

Russian agricultural exports surge as trade with China grows

Russia’s agricultural sector has seen impressive growth in sales abroad this year, according to the latest data published by the AgroExport center under the country’s Ministry of Agriculture.

In 2021, exports of agricultural products from Russia reportedly totaled more than $ 4.1 billion as of February 28, marking a rise of 35.8 percent compared to the same period a year ago.

Exports of grains within the specified period more than doubled as Russian farmers exported over $ 1.8 billion worth, while sales in the fat-and-oil sector rose 6.3 percent to $ 687 million. Exports of meat and dairy products grew by 33.7 percent to $ 135 million.
Also on rt.com Russia doubles wheat export tax to stabilize domestic food prices
At the same time, exports of fish and seafood saw a drop of 25.7 percent and totaled $ 448 million, while foreign sales of food and pharmaceutical industry products amounted to $ 346 million, a decline of 5.7 percent.

China remained the major consumer of Russian agricultural products, with the share of Russian exports totaling 18.9 percent. In 2021, China increased imports of Russian agriculture by 27.3 percent to $ 741 million.

Turkey, the second biggest buyer, raised its purchases by 40.8 percent to $ 628 million. Egypt, ranked third, bought $ 448 million worth, half as much as the nation exported in the same period a year ago.
Also on rt.com Russia to win back crown of world’s top wheat exporter despite looming quotas & export tax
The European Union, South Korea, Azerbaijan, Ukraine, Pakistan, Uzbekistan, and Mongolia also entered the top 10 of the largest buyers of Russian agricultural goods.

According to the agency’s estimates, foreign sales in the sector totaled $ 30.658 billion in 2020, a significant rise compared to $ 25.6 billion in the previous year.

For more stories on economy & finance visit RT’s business section

RT

Russian factory activity grows at fastest pace in two years

Presented by
RT.com

Russia’s manufacturing sector in February saw its fastest growth since April 2019. The expansion was underpinned by robust output and new order growth, according to survey data published by IHS Markit on Monday.

The Purchasing Managers’ Index (PMI) for the sector grew to 51.5 in February against January’s 50.9, the research group reports. The pace of decline in export business reportedly slowed, but orders remained robust, while employment grew the most in over two years.
Also on rt.com Russian e-commerce market posts explosive growth during Covid pandemic
“Russian manufacturing firms continued to signal a promising start to 2021, as operating conditions improved for the second month running. Output and new order growth accelerated despite difficult external demand conditions,” the report said.

Business confidence returned to levels seen before the Covid-19 pandemic, the highest in over a year.

“Supplier shortages and hikes in transportation costs pushed up input prices markedly. Firms were able to respond, however, with the fastest uptick in charges for six years,” it explained.

However, vendor performance declined at its fastest pace since May 2020 as lead time for inputs were longer, mainly due to shipping delays along with supplier shortages.
Also on rt.com Russia to team up with UAE to develop supersonic passenger jet – trade minister
“Our current forecast expects industrial production to rise 4.1 percent in 2021, as the sector seeks to recover from the downturn seen in 2020,” IHS Markit economist Sian Jones said.

PMI, an indicator of the economic health of a sector, is based on data compiled after monthly surveys are sent to purchasing executives at nearly 300 companies. The index draws on five major indicators: new orders, inventory levels, production, supplier deliveries, and the employment environment. A reading above 50 means expansion in the sector on a monthly basis, while anything below 50 indicates contraction.

For more stories on economy & finance visit RT’s business section