New York, May 1, 2023 – The U.S. banking crisis that began in March 2023 was the result of a number of factors, including:
The collapse of Silicon Valley Bank: Silicon Valley Bank was a large regional bank that specialized in lending to technology companies. The bank’s collapse in March 2023 was a major blow to the banking industry and shook confidence in the financial system.
April 30, 2023 /Technology/ — AI can be used in conjunction with other methods to identify systematic and systemic activities. For example, AI can be used to analyze large amounts of data, such as employee records, financial records, and customer data. This data can be used to identify patterns and trends that may indicate systematic or systemic activities. However, it is important to note that AI is not a perfect tool. It can sometimes make mistakes, and it is important to use AI in conjunction with other methods to identify systematic and systemic activities. Continue reading
27 April 2023 /Economy/ — The book “China in Africa, the Zambia Story” by Ambassador Anthony Mukwita tells the story of the relationship between China and Zambia. The book begins with a brief history of Zambia, followed by a discussion of China’s economic and political interests in Africa. Mukwita then goes on to describe the various ways in which China has interacted with Zambia, including through trade, investment, and aid. He also discusses the impact of China’s presence in Zambia on the country’s economy, politics, and society.
Here are some of the key takeaways from the book: Continue reading
April 28, 2023 /Economy/ — Generative AI is a type of artificial intelligence that is capable of generating text, images, and other content that is indistinguishable from human-created output. This technology has the potential to automate a wide range of tasks that are currently performed by humans, including customer service, data entry, and even creative writing.
The Goldman Sachs report predicts that generative AI could automate 18% of work globally, with the effects felt most deeply in advanced economies. This is because advanced economies tend to have a higher concentration of white-collar jobs, which are more susceptible to automation. Continue reading
April 28, 2023 /Media/ — Richard Sharp resigned as Chairman of the BBC on April 28, 2023, after a report found he had breached rules on public appointments by failing to declare his connection to a secret £800,000 loan made to Boris Johnson.
The report, by the UK commissioner of public appointments, found that Sharp had created a “potential perceived conflict of interest” by not disclosing his knowledge of the loan when he was appointed to the BBC board in 2020. Continue reading
April 27, 2023 /Media/ — Google is offering to smooth the subscription process for publishers and readers by providing a platform that allows publishers to sell subscriptions directly to readers. This platform, called Google Reader Revenue Manager, will allow publishers to create and manage their own subscription plans, as well as collect payments from readers. Continue reading
Central banks are faced with the ongoing debates – Should retail and wholesale clearing and settlement of CBDC payments be separated? The differentiation doesn’t matter to the average citizen user. Their primary concern is to have a straightforward, secure, and all-encompassing solution that enables them to transfer value easily and affordably, regardless of their access to a bank or mobile/internet connectivity. Continue reading
April 27, 2023 /Media/ — In 2023, Fox News was sued by Dominion Voting Systems for defamation after the network and its hosts, including Tucker Carlson, repeatedly aired false claims that the company’s voting machines were used to rig the 2020 election in favor of Joe Biden. As part of the lawsuit, Dominion subpoenaed a trove of internal text messages and emails from Fox News employees.
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April 27, 2023 /Business/ — The Art of Iconic Leadership: Power Secrets of Female World Leaders by Justina Mutale is a book that explores the leadership styles of some of the most iconic female leaders in history. The book argues that female leaders have a unique set of strengths and qualities that make them effective leaders, and that these qualities can be learned and applied by anyone, regardless of gender.
Some of the key takeaways from the book include: Continue reading
The Google Cloud Startup Summit 2023 was a virtual event that brought together startup founders, investors, and Google Cloud experts to discuss the latest trends and technologies that are shaping the startup landscape. The event covered a wide range of topics, including app and data modernization, cost optimization, and AI.
One of the key points raised during the summit was the importance of data for startups. Data is essential for startups to understand their customers, make better decisions, and drive growth. Google Cloud offers a wide range of data solutions that can help startups collect, store, and analyze data more effectively.
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