April 18, 2023 /Business/ — The Financial Intelligence Centre (FIC) of Zambia has published a report on trade-based money laundering (TBML) in the country. The report found that TBML is a serious threat to the Zambian economy and that it is being used to finance a variety of criminal activities, including terrorism, corruption, and drug trafficking.
The report identified a number of factors that make Zambia vulnerable to TBML, including: Continue reading
April 18, 2023 /Business/ — Dominion Voting Systems filed a $1.6 billion defamation lawsuit against Fox Corporation and its Fox News Channel on March 26, 2021, alleging that the network defamed the company by repeatedly making false and defamatory claims about its voting machines in the aftermath of the 2020 presidential election.
The lawsuit alleged that Fox News hosts and guests, including former President Donald Trump, made false and defamatory claims about Dominion’s voting machines, including that they were “rigged” and “susceptible to hacking.” The lawsuit also alleged that Fox News’s coverage of Dominion’s voting machines was “reckless and false” and that it caused Dominion to suffer “severe and irreparable harm.”
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OverDrive announced today at the London Book Fair that more than 400,000 digital ebook and audiobook titles are now available in the “OverDrive Max” access model. Available in OverDrive Marketplace, the world’s largest catalog for school and library digital book sales, OverDrive Max was specifically designed to provide greater flexibility and value for library budgets to meet the increased demand for digital books. It is quickly becoming the fastest growing sales model for authors and publishers seeking to maximize their revenue from institutional buyers. Continue reading
Philippe Burger, University of the Free State
Public debt repayments in some African countries are at their highest levels since 1998. The Conversation Africa’s founding editor Caroline Southey talks to dean and economics professor Philippe Burger about the danger of debt problems some African countries face.
Sercan Ozcan, University of Portsmouth; Joe Sekhon, University of Portsmouth, and Oleksandra Ozcan, University of Portsmouth
The AI chatbot ChatGPT produces content that can appear to have been created by a human. There are many proposed uses for the technology, but its impressive capabilities raise important questions about ownership of the content.
UK legislation has a definition for computer-generated works. Under the Copyright, Designs and Patents Act 1988 they are “generated by computer in circumstances such that there is no human author of the work”. The law suggests content generated by an artificial intelligence (AI) can be protected by copyright. However, the original sources of answers generated by AI chatbots can be difficult to trace – and they might include copyrighted works.
April 17, 2023 /Economy/ — Purchasing-power parity (PPP) is a measure of the value of different currencies, taking into account the cost of living in different countries. It is often used to compare the standard of living in different countries.
Exchange rates, on the other hand, are the prices of one currency in terms of another. They are determined by supply and demand in the foreign exchange market.
There are a few reasons why PPP is a better metric for comparing people’s well-being than exchange rates. Continue reading
April 17, 2023 /MEDIA/ — The future of AI-powered disinformation is a concerning one. As AI technology continues to develop, it will become increasingly easy to create and spread false or misleading information. This could have a devastating impact on our society, as it could erode trust in institutions, undermine democracy, and lead to violence.
There are a number of ways in which AI could be used to spread disinformation. For example, AI could be used to create fake news articles, social media posts, and videos that are designed to look like they are from legitimate sources. AI could also be used to target people with personalized disinformation, based on their interests and beliefs.
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April 17, 2023 /Economy/ — The future of the dollar as the world’s reserve currency is uncertain. The dollar has been the world’s reserve currency for over 70 years, but there is a growing trend of countries using other currencies for oil deals. This trend is being driven by a number of factors, including the rise of China and other emerging economies, the increasing volatility of the dollar, and the desire of some countries to reduce their reliance on the United States.
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April 16, 2023 /Finance Technology/ — Zambia is currently testing a technology that would form the foundation of digital asset regulation. The tests are being conducted by the Bank of Zambia (BoZ) and the country’s securities regulator, the Securities and Exchange Commission (SEC).
The tests are designed to assess the feasibility of regulating digital assets in Zambia. They are also designed to identify any potential risks associated with digital assets and to develop mitigation strategies. Continue reading
April 16, 2023 /Finance/ — If Zambia’s debt restructuring proposal is successful, it will help to improve the country’s economic outlook and create a more stable environment for businesses and investors. This will ultimately benefit the Zambian people by creating jobs, improving infrastructure, and providing access to basic services.
It is important to note that there are a number of risks associated with Zambia’s debt restructuring proposal. If the proposal is not successful, it could lead to a further deterioration in Zambia’s economy and could potentially lead to a default on Zambia’s debt.
Zambia sent a debt restructuring proposal to bondholders on April 14, 2023. The proposal includes the following key points: Continue reading