Author Archives
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After The End Of “Zero-Covid,” China Saw Over 2 Million More Deaths Than Usual, According To A US Study
In contrast to official numbers from Beijing that have been criticised as being too low, a U.S. investigation indicated that there were about 2 million additional fatalities in the two months after China dropped its “zero-Covid” limits. According to a… Read More ›
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Greater Discounts Are Demanded By Moscow From International Businesses Leaving The Country
According to three sources with knowledge of the situation, some international businesses intending to leave Russia are seeing a significant increase in costs as a result of Moscow’s increased demands for price reductions on the assets they wish to sell…. Read More ›
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Following Talks Of A BRICS Common Currency, Indian Minister Says Achieving De-Dollarization Is Still Far Off
Although oil trades have occasionally been resolved in the Chinese yuan, Russian ruble, or Indian rupee, the concept of “de-dollarization” — or shifting away from the U.S. dollar to settle trades in other currencies — is still a long way… Read More ›
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Prior To The EU Investing In Essential Minerals In Australia, The EU And Australia Should To Sign A Free Trade Deal, Demands Australia
As part of negotiations for a free trade agreement with the European Union, Australia’s Trade Minister Don Farrell has offered easier access to the country’s enormous key minerals industry in anticipation of potential future negotiations as early as next week…. Read More ›
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Big Tech Is Ready For The EU Digital Services Act Rules
The comprehensive Digital Services Act (DSA) of the European Union imposes new regulations on content moderation, user privacy, and transparency, putting more than a dozen of the largest internet businesses in the world under unheard-of legal scrutiny. In the EU,… Read More ›
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White-Collar Occupations Will Be Affected By AI First, According To IBM CEO, But It May Benefit Workers Rather Than Replace Them
In an exclusive interview with CNBC that aired on Tuesday, IBM Chairman and CEO Arvind Krishna predicted that white-collar jobs will be among the first to be affected by artificial intelligence. According to him, generative AI and big language models… Read More ›
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As Import Restrictions Are Relaxed, The Pakistani Rupee Falls To A Historic Low
Following the lifting of import restrictions that increased demand for the dollar, Pakistan’s rupee closed at a record low of 299 rupees against the dollar on Tuesday in the interbank market, according to statistics from the central bank. In order… Read More ›
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The Fed’s Long-Term GDP Prognosis Is Bleak, But The Economy Hasn’t Yet Understood This
The US Federal Reserve finally came to terms with the slow U.S. recovery from the 2007–2009 recession during its policy meeting in September 2016. This followed years of consternation. According to transcripts of a meeting where policymakers cut their median… Read More ›
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China’s Baidu Reports A 15% Increase In Sales, Exceeding Estimates
The second quarter revenue for Chinese tech company Baidu exceeded expectations, increasing by 15% year over year and supported by increase in advertising. According to Refinitiv statistics, this was the fastest quarterly year-over-year increase speed in two years. In pre-market… Read More ›
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How Did The Once Highly Acclaimed Company WeWork Reach Its Decline?
Once hailed as the office of the future, WeWork. However, there is currently “substantial doubt” regarding it. What happened? Beginning in 2018, David Born, the owner of Born Licencing, a modest character and film licencing company with headquarters in the… Read More ›
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