Global financial system

• Leading players in the aviation MRO software market include International Business Machines Corporation, Flatirons Solutions Inc., Rusada Aviation Software, Sopra Steria, Aviation InterTec Services, General Electric Company, Bytzsoft Technologies Pvt.
• Obtain a comprehensive global outlook on the aviation MRO software market, covering 50+ geographies.
• Aviation MRO software encompasses specialized software solutions designed to manage and optimize the maintenance, repair, and overhaul operations of aircraft and aviation equipment.
• Global Aviation MRO Software Market, Segmentation By Deployment Modes, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  6.4.

• El Niño events bring hotter, drier weather to places such as Brazil, Australia and Indonesia, increasing the risk of wildfires and drought.
• The evidence from the ten El Niño events in the past five decades suggests relatively modest, and to some extent ambiguous, global price impacts.
• In some places El Niño-induced food availability and affordability issues may well lead to serious social consequences, such as conflict and hunger.
• Read more:
  Global temperature rises in steps -- here's why we can expect a steep climb this year and next

Impact on global food prices

• The following graph shows the correlation between El Niño events and global food prices, as measured by the United Nations’ Food Price Index.
• This index tracks monthly changes in international prices of a basket of food commodities.

Impacts on wheat supply

• A good example is wheat.
• The following chart shows how El Nino has affect Australian wheat production since 1980.
• The next graph compare changes in Australia’s wheat production with other significant wheat exporters in El Niño years.
• In 1994, for example, Australian wheat production dropped nearly 50% but barely changed elsewhere.

But some will bear the cost

• Even if crop failures in one region are fully offset by rich harvests in others, some people are going to bear the costs of El Niño’s direct impact.
• Australian farmers, for example, will be worse off if local wheat yields drop while global prices remain relatively stable.
• Moreover, because most countries are connected via trade, El Niño will have wider economic impacts.

• OAK BROOK, Ill., May 22, 2023 /PRNewswire-PRWeb/ -- Wavicle Data Solutions, a leading cloud data and analytics firm, today announced that Sue Pittacora has joined the leadership team as Chief Strategy Officer.
• In her position, Pittacora will oversee Wavicle's growth strategy, focusing on accelerating the company's advanced analytics and AI solutions and go-to-market approach.
• "As Wavicle continues to grow and innovate, Sue's experience using data analytics to drive top- and bottom-line results for Wavicle and our customers is invaluable," said Naveen Venkatapathi, Managing Partner of Wavicle Data Solutions.
• Pittacora joins Wavicle from Corterra Solutions, where she held the roles of Partner and Chief Financial Officer, and Financial Systems and Analytics Practice Lead.

• NEW YORK, April 18, 2023 /PRNewswire/ -- Highgate, a leading hotel management, investment and development company, announced today the appointment of Elizabeth Redmond to Chief Accounting Officer.
• In her new role, Elizabeth will be responsible for leading Highgate's global accounting operations and driving innovation across Highgate's accounting and reporting practices.
• Elizabeth succeeds Joseph Klam, who will assume the new role of Chief Administrative Officer of Financial Systems and Reporting.
• "Throughout her career, Elizabeth has demonstrated a passion for driving new, dynamic ways of managing complex accounting and financial systems in the hospitality industry," said Ned Martin, Chief Financial Officer at Highgate.