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Tag: Assess
European markets assess the impact of Trump 2.0, Davos in focus
LONDON — European stocks opened in mixed territory on Tuesday, as traders reviewed the first executive orders that newly inaugurated U.S. President Donald Trump signed on Monday.
The pan-European Stoxx 600 opened flat, while Germany’s DAX fell slightly after hitting a record high. While the FTSE 100 opened 0.05% higher, the Italy’s FTSE MIB and CAC 40 were both in negative territory at 8.15 a.m. London time.
Orsted shares sunk by 15% after the company unveiled a fourth-quarter 12.1 billion Danish Krone ($1.7 billion) hit linked to its U.S. offshore wind turbine projects. Meanwhile, European automakers Stellantis and BMW moved lower on the threat of potential U.S. tariffs.
Global investors will be assessing the potential impact of Trump’s second term in office following his inauguration as the 47th president of the U.S. on Monday. After the ceremony, Trump signed some of his first executive orders before an audience of 20,000 supporters at the Capital One Arena in Washington.
On the data front, private sector wages in the U.K. rose 6% in the three months to November, compared to the previous year, the Office for National Statistics said Tuesday. The agency also revealed that November payroll figures fell by 0.1% compared to October, pointing to a weakening labor market. The two data indicators together give the Bank of England’s rate-setters a mixed picture of the state of the economy.
In Davos, Lloyds Banking Group Chief Executive Charlie Nunn told CNBC’s Squawk Box Europe that the lender expects three cuts to interest rates in 2025 from the Bank of England, in line with the interest rate swaps market. Lloyds is one of the largest mortgage lenders in the U.K.
Trump also said Monday that tariffs of 25% could be levied against Mexico and Canada as soon as early February.
Swiss police patrol outside the Congress Center ahead of the World Economic Forum in Davos, Switzerland, on Jan. 19, 2025.
Yves Herman | Reuters
In other news, European market investors will be keeping an eye on the World Economic Forum in Davos, Switzerland, this week. The annual event, which attracts heads of government and business leaders from around the world, steps up a gear on Tuesday.
While some are skipping Davos — the leaders of China, India and a number of key European leaders are absent this year — Trump is due to address participants via videolink on Thursday.
On Tuesday, there are a number of keynote speeches, with Ursula von der Leyen, head of the European Commission, set to speak at 10:50 a.m. Davos time (9:50 a.m. London time). Shortly after, Ding Xuexiang, the vice premier of China, will give a keynote speech at 11:20 a.m.
Follow CNBC’s WEF live blog here
German Chancellor Olaf Scholz will address the forum at 2 p.m. local time and Ukrainian President Volodymyr Zelenskyy will speak at 2:30 p.m. The forum will be a crucial platform for the president to present Ukraine’s case ahead of likely pressure from Trump to reach a ceasefire with Russia to end the war.
Later in the afternoon, Cyril Ramaphosa, the president of South Africa, will give a keynote at 3:45 p.m. Davos time.
Elsewhere, Austria’s Raiffeisen Bank International, the biggest Western bank in Russia, said it will set aside funds after a Russian court made a 2 billion euros ($2.08 billion) ruling against it.
There are no major earnings releases due in Europe Tuesday. Data releases include the U.K. unemployment rate for November and the ZEW indicator of European economic sentiment data.
As European markets continue to digest the implications of Joe Biden’s victory in the US presidential election, attention has now turned to the impact of Trump 2.0 on global markets. With the inauguration of President Trump’s successor just days away, European investors are closely monitoring how the new administration will shape economic policies and trade relations.One key event on the horizon is the annual World Economic Forum in Davos, Switzerland, where global leaders and business executives will gather to discuss and debate the most pressing issues facing the world economy. The forum, which will be held virtually this year due to the ongoing pandemic, will provide a platform for discussions on topics such as climate change, inequality, and the future of globalization.
As European markets look ahead to a post-Trump era, there is both optimism and uncertainty about the future. While President-elect Biden has promised to prioritize diplomacy and multilateralism in his approach to foreign policy, there are concerns about potential trade tensions and regulatory changes that could impact European companies.
Overall, European markets are bracing for a new chapter in US-European relations and are keeping a close eye on developments in Washington and Davos as they assess the potential impact on their investments and portfolios.
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- European markets
- Trump 2.0
- Davos
- Impact assessment
- Economic analysis
- Global economy
- Political implications
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- European Union
- International relations
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Brentwood to ‘assess and learn’ after woman’s death | News
The City of Brentwood and Brentwood police do not have any immediate plans on improving security and safety at the Brentwood Community Center parking garage after a woman fell from the top of the parking structure at City Park last Friday.
Brentwood police said that the investigation into the incident is ongoing, and that it has yet to be determined if the victim’s actions were accidental or intentional.
“We’ll continue to assess and learn from this incident,” City Manager Tim Ogden said. “This is quite a tragic incident and our hearts and prayers go out to her family and friends.”
In the wake of a tragic incident that resulted in the death of a woman in Brentwood, the community is coming together to assess and learn from the incident. The woman, whose identity has not been disclosed, was found dead in her home under suspicious circumstances.Local authorities are investigating the case, but in the meantime, the community is taking a proactive approach to prevent similar tragedies in the future. Residents are encouraged to be vigilant and look out for one another, especially those who may be vulnerable or in need of assistance.
Brentwood officials are also planning to conduct a thorough review of current safety measures and protocols to identify any potential gaps that need to be addressed. This incident serves as a reminder of the importance of community safety and the need for everyone to work together to ensure the well-being of all residents.
As the community mourns the loss of the woman, they are also coming together to support one another and to honor her memory. Brentwood will not only assess and learn from this tragedy but will also strive to create a safer and more caring community for all its residents.
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- Woman’s death
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- Brentwood tragedy
- Community assessment
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Data Center Safety Audits: How to Assess and Improve Your Facility’s Security Measures
Data centers are a critical component of modern business operations, housing valuable data and infrastructure that keep organizations running smoothly. With the increasing importance of data security and privacy, it is essential for data center operators to prioritize safety and security measures to protect their facilities from potential threats.One effective way to assess and improve a data center’s security measures is through regular safety audits. These audits help identify vulnerabilities and weaknesses in the facility’s security protocols, allowing operators to take proactive steps to address any issues and enhance overall safety.
Here are some key steps to conduct a data center safety audit:
1. Identify potential risks: Start by assessing the physical and environmental risks that could threaten the security of your data center. This includes evaluating factors such as access control, surveillance systems, fire protection measures, and power supply redundancy.
2. Review security protocols: Evaluate the effectiveness of your existing security protocols, including access control procedures, surveillance systems, and alarm monitoring. Make sure that all security measures are up to date and in compliance with industry standards.
3. Conduct a physical inspection: Inspect the physical infrastructure of your data center, including doors, windows, locks, and security barriers. Look for any signs of wear and tear or potential points of entry for unauthorized individuals.
4. Test emergency response procedures: Review and test your facility’s emergency response procedures, including fire evacuation plans, power outage protocols, and disaster recovery measures. Make sure that all staff members are trained on these procedures and are prepared to respond quickly in case of an emergency.
5. Evaluate vendor compliance: If your data center relies on third-party vendors for services such as security monitoring or maintenance, make sure that these vendors are compliant with industry regulations and standards. Review their contracts and service agreements to ensure that they are meeting all security requirements.
6. Implement security upgrades: Based on the findings of your safety audit, implement any necessary security upgrades or enhancements to improve the overall safety of your data center. This may include installing additional surveillance cameras, upgrading access control systems, or enhancing physical security measures.
By conducting regular safety audits and taking proactive measures to address security vulnerabilities, data center operators can ensure the safety and protection of their facilities and the valuable data housed within them. Prioritizing security measures not only helps safeguard against potential threats but also instills confidence in customers and stakeholders that their data is secure and protected.
How to Test and Assess the Resilience of Your Data Center
Data centers are the backbone of any organization’s IT infrastructure, housing critical systems and applications that are essential for day-to-day operations. With the increasing reliance on technology, it’s more important than ever to ensure that your data center is resilient and able to withstand any potential disruptions.Testing and assessing the resilience of your data center is a crucial step in ensuring that your business can continue to operate smoothly in the face of unforeseen events. Here are some key steps to help you test and assess the resilience of your data center:
1. Conduct a risk assessment: Before testing the resilience of your data center, it’s important to first conduct a comprehensive risk assessment to identify potential vulnerabilities and weaknesses. This will help you prioritize areas for improvement and develop a plan to address any potential risks.
2. Test for power outages: Power outages are one of the most common causes of data center downtime. To test the resilience of your data center against power outages, simulate a power outage and monitor how quickly your backup power systems kick in. This will help you identify any potential issues with your backup power systems and address them before they cause a disruption.
3. Test for cooling failures: Cooling systems are essential for maintaining the optimal temperature in your data center and preventing overheating. To test the resilience of your data center against cooling failures, simulate a cooling system failure and monitor how quickly your backup cooling systems are able to bring the temperature back to a safe level. This will help you identify any potential weaknesses in your cooling systems and take steps to address them.
4. Test for network failures: Network failures can disrupt communication between servers and applications, leading to downtime and data loss. To test the resilience of your data center against network failures, simulate a network outage and monitor how quickly your backup network systems are able to restore connectivity. This will help you identify any potential weaknesses in your network infrastructure and address them before they cause a disruption.
5. Test for physical security breaches: Physical security breaches can compromise the integrity of your data center and put your sensitive data at risk. To test the resilience of your data center against physical security breaches, simulate a breach attempt and monitor how quickly your security systems are able to detect and respond to the threat. This will help you identify any potential vulnerabilities in your physical security measures and take steps to strengthen them.
By following these steps and regularly testing the resilience of your data center, you can ensure that your business is prepared to withstand any potential disruptions and continue to operate smoothly. Investing in the resilience of your data center is an essential step in safeguarding your organization’s critical data and ensuring business continuity.
