Fund raising in the international capital markets in 2021

This paper analyses the main trends in the private sector’s issuance activity in international capital markets during 2021, a year in which, despite positive developments that resulted in volumes above pre-2020 levels, the record 2020 figures were not achieved. Thus, the total issuance volume of debt securities declined due to lower issuance in the non-financial corporate sector, which may have been driven by the large amount of funds raised during 2020, lower funding needs for precautionary reasons in view of the improved health situation and higher funding costs. However, bond issuance by the banking sector and other financial institutions increased; this growth was concentrated in the United States, on expectations of monetary policy tightening in that area and regulatory factors. High-yield bond issuance also increased, benefiting from lower risk aversion. By region, the sharpest declines were in the United States, followed by the United Kingdom and the euro area. Conversely, issuance in the equity markets was strong and surpassed the 2020 figures

International capital markets during the COVID-19 crisis

Artículo de revistaThis article analyses the main trends in securities issuance activity on international markets in 2020, a year in which capital markets were very buoyant despite the COVID-19 crisis. In 2020, record figures were posted for issues on fixed-income markets globally, driven by the measures adopted by governments and central banks to smooth financing and foment market liquidity. In terms of sectors, issuance by the public sector and non-financial corporations increased, while there were declines in the banking sector. By region, increases in issuance volumes were across the board, with notably greater dynamism in the United States and the United Kingdom. Finally, as regards time horizon, there was a strong increase in the second quarter of the year, with record figures posted. This may have been due to the fact that many issuers attempted to bring forward their issues in that quarter given the enormous uncertainty over the course of the pandemic and future financing conditions. Equity market issues were also notably buoyant, with figures not recorded since 2009

The role of metabolic remodeling in macrophage polarization and its effect on skeletal muscle regeneration

Macrophages are crucial for tissue homeostasis. Based on their activation, they might display classical/M1 or alternative/M2 phenotypes. M1 macrophages produce pro-inflammatory cytokines, reactive oxygen species (ROS), and nitric oxide (NO). M2 macrophages upregulate arginase-1 and reduce NO and ROS levels; they also release anti-inflammatory cytokines, growth factors, and polyamines, thus promoting angiogenesis and tissue healing. Moreover, M1 and M2 display key metabolic differences; M1 polarization is characterized by an enhancement in glycolysis and in the pentose phosphate pathway (PPP) along with a decreased oxidative phosphorylation (OxPhos), whereas M2 are characterized by an efficient OxPhos and reduced PPP. Recent Advances: The glutamine-related metabolism has been discovered as crucial for M2 polarization. Vice versa, flux discontinuities in the Krebs cycle are considered additional M1 features; they lead to increased levels of immunoresponsive gene 1 and itaconic acid, to isocitrate dehydrogenase 1-downregulation and to succinate, citrate, and isocitrate over-expression

Identification of Mirafiori lettuce big-vein virus and Lettuce big-vein associated virus infecting Lactuca sativa with symptoms of lettuce big-vein disease in Argentina

Lettuce big-vein disease (BVD) affects all major lettuce-producing areas of the world. The causal agent is Mirafiori lettuce big-vein virus (MLBVV), an ophiovirus transmitted by the soil-borne fungus Olpidium brassicae (Lot et al., 2002). MLBVV has been detected in many different areas of the world but never in Argentina. La Plata has about 700 ha of lettuce with a production of about 13 000 tonnes, and with about 70% of the total production from Buenos Aires Province. BVD has been detected in different areas in the north and west of the La Plata horticultural green belt. Many of the plants with BVD symptoms had leaf distortions of moderate severity, which affected their commercial value.Facultad de Ciencias ExactasFacultad de Ciencias Agrarias y Forestale

REVIEW OF VEGETABLE NANOLUBRICANTS FOR TRIBOLOGICAL APPLICATIONS

About 40 million tons of lubricants are used every year for various industry purposes and applications, where most of them are petroleum based oils. These oils are difficult and expensive to dispose of, have low biodegradability and are contamination risks. Recent efforts have been focused on reducing the environmental impact of petroleum based lubricants through the use of vegetable oils since they are biodegradable and have good lubricity. A drawback of vegetable oils is their poor thermal stability and oxidation, which causes them to decrease their properties at higher loads. Nanoparticle (NP) additives have been explored for improving the tribological performance of vegetable. This literature review seeks to compare and analise the impact of the different NP types, concentrations and vegetable oil type on the coefficient of friction. The vegetable oils that have shown to provide the best tribological behaviour were coconut oil, sunflower oil, palm sesame oil, canola oil, among others. The NP with the best performance were SiO2 and CuO and the concentration with the highest improvement was between 0.01-3.0 wt.%. The results of this study provide an insight on the areas of opportunity for developing new lubricant formulations with vegetable oils and NP additives for industrial applications

Identification of Mirafiori lettuce big-vein virus and Lettuce big-vein associated virus infecting Lactuca sativa with symptoms of lettuce big-vein disease in Argentina

Lettuce big-vein disease (BVD) affects all major lettuce-producing areas of the world. The causal agent is Mirafiori lettuce big-vein virus (MLBVV), an ophiovirus transmitted by the soil-borne fungus Olpidium brassicae (Lot et al., 2002). MLBVV has been detected in many different areas of the world but never in Argentina. La Plata has about 700 ha of lettuce with a production of about 13 000 tonnes, and with about 70% of the total production from Buenos Aires Province. BVD has been detected in different areas in the north and west of the La Plata horticultural green belt. Many of the plants with BVD symptoms had leaf distortions of moderate severity, which affected their commercial value.Facultad de Ciencias ExactasFacultad de Ciencias Agrarias y Forestale

Lubrication Performance of Sunflower Oil Reinforced with Halloysite Clay Nanotubes (HNT) as Lubricant Additives

This study evaluates the tribological performance of nanolubricants of a vegetable oil (sunflower oil) reinforced with different concentrations of environmentally-friendly nanoparticles of halloysite clay nanotubes (HNTs). Tribological characterization was performed under different conditions to determine its effect on the nanolubricants’ performance and optimal HNT concentration. The tribological performances under low and high contact pressures were analyzed with a block-on-ring tribometer following the ASTM G-077-05 standard procedure. The extreme pressure (EP) properties of the nanolubricants were determined with a T-02 four-ball tribotester according to the ITeE-PIB Polish method for testing lubricants under scuffing conditions. In addition, the lubrication performance of the newly-developed vegetable oil-based nanolubricants was evaluated in an industrial-type application through a tapping torque test. The results indicated that at a low contact pressure 1.5 wt.% HNTs/sunflower oil provided the best tribological behavior by decreasing the coefficient of friction (COF) and wear volume loss by 29 and 70%, respectively. For high contact pressures, 0.05 wt.% HNTs lowered COF and wear by 55% and 56%, respectively. The load-carrying capacity increased by 141% with 0.10 wt.% HNTs compared to the sunflower oil. A high tapping torque efficiency was obtained with HNTs that can prolong tool life in the machining process. Therefore, this study suggests that HNTs/sunflower oil could be used as green lubricants for industrial applications

Genomic and functional analyses unveil the response to hyphal wall stress in Candida albicans cells lacking β(1,3)-glucan remodeling

Class 2: Transcripts that are less abundant in the phr1Δ mutant than in the wild type. (XLSX 39 kb