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A solid foundation for a resilient structure

A solid foundation for a resilient structure

Speech by Klaas Knot, Chair, Financial Stability Board at the Macroprudential Policy for Investment Funds Conference, Central Bank of Ireland, 20 May 2024. The views expressed in these remarks are those of the speaker in…

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Oil prices fall on fear of high US interest rates depressing demand By Reuters

Oil prices fall on fear of high US interest rates depressing demand By Reuters

By Yuka Obayashi TOKYO (Reuters) – Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest rates will depress consumer and industrial demand. futures declined 12 cents, or…

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California is about to tax guns more like alcohol and tobacco − and that could put a dent in gun violence

California is about to tax guns more like alcohol and tobacco − and that could put a dent in gun violence

Starting in July 2024, California will be the first state to charge an excise tax on guns and ammunition. The new tax – an 11% levy on each sale – will come on top of…

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floating baby corals can help save damaged reefs – new study

floating baby corals can help save damaged reefs – new study

The Seychelles archipelago of 115 islands stretches across a vast area of the western Indian Ocean. Each island is fringed by coral reefs. Coral reefs are formed by colonies of invertebrate animals that build hard…

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Analysis-Global oil markets weaken as sluggish demand leaves overhang By Reuters

Analysis-Global oil markets weaken as sluggish demand leaves overhang By Reuters

By Robert Harvey and Natalie Grover LONDON (Reuters) – Global physical markets are weakening because of soft refinery demand and ample supply, traders and analysts told Reuters, in a move that could spell further weakness…

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Today’s record prices don’t reflect the true cost of food – but there are alternatives to asking consumers to pay even more

Today’s record prices don’t reflect the true cost of food – but there are alternatives to asking consumers to pay even more

The boss of a British supermarket has claimed that the “era of cheap food is over”. But what he calls cheap, many people still find expensive. Rising food costs have been one of the key…

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The ‘dead internet theory’ makes eerie claims about an AI-run web. The truth is more sinister

The ‘dead internet theory’ makes eerie claims about an AI-run web. The truth is more sinister

If you search “shrimp Jesus” on Facebook, you might encounter dozens of images of artificial intelligence (AI) generated crustaceans meshed in various forms with a stereotypical image of Jesus Christ. Some of these hyper-realistic images…

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Gold prices hit record high amid geopolitical jitters, metal rally By Investing.com

Gold prices hit record high amid geopolitical jitters, metal rally By Investing.com

Investing.com– Gold prices hit a record high in Asian trade on Monday as increased geopolitical tensions in the Middle East boosted safe haven demand, while a broader rally across metal markets also spilled over into…

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Britain is not as broken as everyone seems to think

Britain is not as broken as everyone seems to think

According to many politicians and commentators, the UK is in a very sorry state. Ahead of the general election expected this year, Labour leader Keir Starmer has pledged to “fix broken Britain”. He has spoken…

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Oil set for weekly gain on signs of improving demand By Reuters

Oil set for weekly gain on signs of improving demand By Reuters

By Shariq Khan NEW YORK (Reuters) – Oil prices rose in Asian trading hours on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand…

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