Author Archives
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Consultants Predict Further Drop In Light Vehicle Sales Globally For 2022
J.D. Power and LMC Automotive, two consultant firms in the auto industry, have both lowered their worldwide light vehicle sales projection for 2022, citing lockdowns in China as well as the ongoing conflict in Ukraine as the factors that has impacted auto manufacturing in the sectorsecin. The… Read More ›
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With Booming Online Sales, Marks & Spencer Moves Away From Town Centres
Marks & Spencer is shifting away from town centres, citing an increase in online clothing and homeware sales. During the pandemic, the firm stated, the shift to online purchasing “raised the pressure” to shrink its clothes and home trade space…. Read More ›
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Member States Of The WHO Have Agreed To Address A “Rotten” Funding Mechanism
Members of the World Health Organization formally decided to overhaul the organization’s finance mechanism, which has been characterized as “fundamentally rotten” because to its dependence on the whims of donors. The strategy, which has already been agreed to last month by… Read More ›
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IMF Chief Suggests Governments Should Give Food And Energy Subsidy
The president of the International Monetary Fund (IMF) told the BBC that governments should subsidise the cost of food and electricity for the weakest sections of society. People all throughout the world are trying to keep up with escalating living… Read More ›
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Doctors Warn Lack Of Medicine In Sri Lanka Is A Death Sentence For Some
An acute shortage of medicine in Sri Lanka resulting from the economic crisis will soon result in deaths, according to doctors, as hospitals are compelled to postpone life-saving surgeries for their patients due to a lack of drugs. Sri Lanka… Read More ›
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Malicious Hackers Are Threatening The Global Food Supply Chain
Experts warn that modern “smart” farm gear is vulnerable to hostile hackers, putting global supply lines at risk. Hackers may be able to take advantage of weaknesses in agricultural technology used to sow and harvest crops. John Deere, the agricultural… Read More ›
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For The First Time In Its History, Sri Lanka Defaults On Its Debt Repayment
As the country grapples with its greatest financial crisis in more than 70 years, Sri Lanka has defaulted on its debt for the first time in its history. On Wednesday, a 30-day grace period to pay $78 million in overdue… Read More ›
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A Member Of The European Central Bank Predicts The First Rate Hikes To Be This Summer
According to reports, the ECB will shortly raise rates for the first time in more than a decade, according to a member of the central bank’s governing council. The ECB has been criticized for taking a less forceful monetary policy… Read More ›
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Canada Will Join The Five Eyes Allies In Banning Huawei/ZTE 5G Equipment
Canada is set to impose a ban on the usage of equipment from the Chinese tech companies Huawei Technologies Co Ltd and ZTE Corp for in the country’s 5G network with the aim of national security. With this move, Canada… Read More ›
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Crypto-Loving South Koreans Gamble On Luna Rising From The Ashes
South Korean speculators have poured into Luna, a cryptocurrency that lost 99.99 per cent of its value last week after its linked stablecoin TerraUSD failed, figuring they have little to lose with prices so outrageously low. Both coins are linked… Read More ›
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