Markets | Ideals

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

South Korea's parliament passed a bill on Tuesday to ban the consumption and sale of dog meat, outlawing the contentious centuries-old practice amid increased support for animal welfare. ...

The Two Priciest Cities In The World Are Singapore And Zurich

The Economist Intelligence Unit (EIU) has announced that Singapore and Zurich were tied for the most expensive cities in the world this year, followed by Geneva, New York, and Hong Kong....

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

The more than a decade-long history of cryptocurrency has clearly demonstrated that the world is keen on the new form of money. The crypto frenzy has even prompted leading central banks to work on...

The Growing Influence Of Tech Giants In Political Campaigns And Regulatory Shifts: A New Era Of Corporate Politics

Trump’s Return And China’s Diplomatic Counterplay: Renewed Tensions On Trade And Taiwan

FedEx Restructures Operations: The Impact Of The Spinoff On The Future Of Freight And Delivery Services

Ethical Implications Of The Trump-Witkoff Crypto Venture: The Intersection Of Crypto, Politics, And Potential Security Risks

The Adani Controversy - Bribery, Securities Fraud, And Global Implications

Amazon Strikes: A Broader Look At Worker Unrest In The Retail Sector

Indian Rupee Faces Record Decline Amid Global And Domestic Challenges

The Rise Of Chinese EVs: A Wake-Up Call For Japan’s Traditional Automakers

Italy’s Economic Struggles Resurface: Lessons From Spain’s Resilience And A Path Forward

The Rising Potential Of Geothermal Energy Amid Big Tech And Energy Sector Shifts

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

Bitcoin’s Rise To Record High: A Reflection On Strategic Reserves And Global Crypto Adoption

Markets

Regulators Review Their Policies In Order To Address Issues With Generative AI Like ChatGPT

Some regulators are using outdated rules to maintain control over a technology that has the potential to fundamentally alter how societies and businesses function as the race to create more potent artificial intelligence services like ChatGPT accelerates. With the rapid advancements in the...

EU Privacy Regulator Slaps Record $1.3 Billion Fine Ion Meta, Has To Stop EU Data Flows In Five Months

Meta has been slapped with a record 1.2 billion euro ($1.3 billion) fine by the European Union's chief privacy regulator for its management of user information and given five months to halt transmitting customers' data to the United States. According to a DPC statement issued on Monday,...

Committees Of EU Legislators Agree On Tighter Draft AI Restrictions

After a crucial vote on Thursday, European legislators moved one step closer to approving new laws governing artificial intelligence systems such as ChatGPT. The widely anticipated AI Act of the European Union appears to be the world's first complete legislation regulating the technology,...

Executives From Google And Meta Oppose The Canadian Online News Bill

If legislation requiring internet companies to pay news publishers is implemented, Google and Meta would stop providing access to news items in Canada, company officials told Canadian parliamentarians on Wednesday. As part of a larger worldwide trend to demand internet companies pay for...

Consumer Confidence In The US Lowest In Nine Months Housing Market Is About To Bottom Out

Concerns about the future caused U.S. consumer confidence to decline to a nine-month low in April, increasing the likelihood that the economy could experience a recession this year. The percentage of Americans who plan to purchase large household appliances over the next six months has...

Bitcoin Miners Elude The Bear Trap In The Cryptoverse

After a long, chilly crypto winter, struggling bitcoin miners are now enjoying the warmth of spring. The cryptocurrency's surge to above $30,000 this year, which worked in concert with lowering electricity prices to enhance their profitability, has provided a lifeline to the power-hungry...

Global Brands Being Left Behind By BYD's Electric Car Boost In China

The greatest auto market in the world, China's, is moving quickly toward an electric future, leaving major international companies in the backseat. Car executives will return to a very different market from the one they left in 2021 when the industry assembled for a small event under...

Warning From LVMH Is A Sign Of Americans' Diminishing Desire For Luxury

A powerful, months-long post-pandemic spending spree may be coming to an end, according to the first-quarter sales report from LVMH, which revealed that luxury customers in the United States are reducing their purchases of high-end clothing and leather items. The most valuable listed firm...

Ethereum Upgrade To Release $33 Billion In Cryptocurrency

This week, investors will finally get access to more than $33 billion in ether thanks to a planned blockchain redesign. Market participants will be able to redeem their "staked ether," or currency they have placed and locked up on the network during the past three years in exchange for...

China Offers New Courses And Higher Compensation To Address The Scarcity Of Semiconductor Talent

China is stepping up efforts to cultivate domestic semiconductor talent in an effort to quickly overcome a skills gap that has been exacerbated by American measures to restrict Beijing's access to cutting-edge chip technology. Over the past five years, enrolment in undergraduate and...

Iraq's Goal Of Equaling Saudi Arabia's Oil Production Likely S Unattainable

According to estimates, Iraq's oil production and capacity may peak after growing by about 25% over the next five years, falling short of 2027 projections and putting a stop to a long-standing goal to compete with Saudi Arabia's output, the top OPEC producer. Political squabbling has...

Germany And The EU Have Agreed On The Use Of Combustion Engines In The Future

Officials announced on Saturday that the European Union and Germany had achieved an agreement on the use of combustion engines in the future. The car industry had been closely watching this issue. An influential environmental group swiftly denounced the accord, which will permit some...

Trump’s Return To Office Could Shift Global Geopolitics: Putin Holds Firm On Ukraine, While Other Conflicts Face Uncertain Future*

As former U.S. President Donald Trump prepares to re-enter the White House, the geopolitical landscape is bracing for significant shifts. Russian President Vladimir Putin has publicly expressed his...

Lifestyle

Bill To Outlaw Trade In Dog Meat Passed By The Parliament Of South Korea

The Two Priciest Cities In The World Are Singapore And Zurich

Pocket wallets vs. smartphones: Can we replace cash with digital currencies?

The Growing Influence Of Tech Giants In Political Campaigns And Regulatory Shifts: A New Era Of Corporate Politics

Trump’s Return And China’s Diplomatic Counterplay: Renewed Tensions On Trade And Taiwan

FedEx Restructures Operations: The Impact Of The Spinoff On The Future Of Freight And Delivery Services

Ethical Implications Of The Trump-Witkoff Crypto Venture: The Intersection Of Crypto, Politics, And Potential Security Risks

The Adani Controversy - Bribery, Securities Fraud, And Global Implications

Amazon Strikes: A Broader Look At Worker Unrest In The Retail Sector

Indian Rupee Faces Record Decline Amid Global And Domestic Challenges

The Rise Of Chinese EVs: A Wake-Up Call For Japan’s Traditional Automakers

Italy’s Economic Struggles Resurface: Lessons From Spain’s Resilience And A Path Forward

The Rising Potential Of Geothermal Energy Amid Big Tech And Energy Sector Shifts

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

Bitcoin’s Rise To Record High: A Reflection On Strategic Reserves And Global Crypto Adoption

Regulators Review Their Policies In Order To Address Issues With Generative AI Like ChatGPT

EU Privacy Regulator Slaps Record $1.3 Billion Fine Ion Meta, Has To Stop EU Data Flows In Five Months

Committees Of EU Legislators Agree On Tighter Draft AI Restrictions

Executives From Google And Meta Oppose The Canadian Online News Bill

Consumer Confidence In The US Lowest In Nine Months Housing Market Is About To Bottom Out

Bitcoin Miners Elude The Bear Trap In The Cryptoverse

Global Brands Being Left Behind By BYD's Electric Car Boost In China

Warning From LVMH Is A Sign Of Americans' Diminishing Desire For Luxury

Ethereum Upgrade To Release $33 Billion In Cryptocurrency

China Offers New Courses And Higher Compensation To Address The Scarcity Of Semiconductor Talent

Iraq's Goal Of Equaling Saudi Arabia's Oil Production Likely S Unattainable

Germany And The EU Have Agreed On The Use Of Combustion Engines In The Future

World

First Severe Human Bird Flu Case In U.S. Highlights Growing Health Concerns; Emergency Declared

Methane Emissions From Tropical Wetlands: A Growing Threat To Global Climate Goals

Conflict-Affected Nations Demand Urgent Climate Funding At COP29

Trump’s Return To Office Could Shift Global Geopolitics: Putin Holds Firm On Ukraine, While Other Conflicts Face Uncertain Future*

World Bank's Record Climate Finance: Implications For Global Development

People

Trump Declines Further Debates As Harris Emerges As Debate Winner In Polls

Kamala Harris Targets GOP Economic Criticism With New Policy Proposals

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg

New Study Finds People Who Were Class Bullies Could Make Higher Incomes In Their Middle Age

In A New York Corporate Fraud Lawsuit, Trump Slapped Fines And Interest Of $454 Million