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Immigrants are unsung heroes of global trade and value creation

Immigrants are unsung heroes of global trade and value creation

In nearly every country that hosts foreign-born citizens, immigration emerges as a lightning rod for controversy. The economic realities of immigration, however, are far more complex than the negative sound bites suggest. Far from being…

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Alpana Killawala on communications under six governors at the RBI

Alpana Killawala on communications under six governors at the RBI

You served under more than half-a-dozen Reserve Bank of India (RBI) governors. What key changes in communications did you implement and experience during those times? Well, that’s my whole book going into 250 pages! But,…

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behind the AI slop flooding TikTok and Facebook

behind the AI slop flooding TikTok and Facebook

TikTok, Facebook and other social media platforms are being flooded with uncanny and bizarre content generated with artificial intelligence (AI), from fake videos of the US government capturing vampires to images of shrimp Jesus. Given…

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Oil prices rise after US interest rate cut By Reuters

Oil prices rise after US interest rate cut By Reuters

By Colleen Howe BEIJING (Reuters) -Oil prices rose on Thursday after a large interest rate cut from the U.S. Federal Reserve, but concerns over global demand lingered and capped gains. futures for November were up…

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Fed slashes rates by a half-point – what that means for the economy and the presidential election

Fed slashes rates by a half-point – what that means for the economy and the presidential election

In a widely anticipated move, the Federal Reserve announced on Sept. 18, 2024, that it was cutting its benchmark interest rate by half a percentage point to a range of 4.75% to 5% – the…

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Former US Secretary Kerry calls for new trade rules, cooperation with China on climate By Reuters

Former US Secretary Kerry calls for new trade rules, cooperation with China on climate By Reuters

By Georgina McCartney HOUSTON (Reuters) – Former U.S. Secretary of State John Kerry on Wednesday urged a new look at global trade rules, calling the existing mediator of trade disputes, the World Trade Organization, “neutered.”…

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data suggests the new format could end up being fairer and more competitive

data suggests the new format could end up being fairer and more competitive

Some football pundits have already predicted that the winners of the Uefa Champions League tournament in 2025 will be the very same team that won it in 2024. But if Real Madrid do end up…

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How do ecosystems collapse? Our study shows evolution plays a role – and can delay a disaster

How do ecosystems collapse? Our study shows evolution plays a role – and can delay a disaster

Dying coral reefs, rainforests transforming into savannas, grasslands turning into deserts – these are ecosystem “tipping points”, boundary lines we’re desperate not to cross. In dynamic systems filled with life, these critical thresholds aren’t set…

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IMF staff propose updated ‘new arrangements to borrow’

IMF staff propose updated ‘new arrangements to borrow’

Staff at the International Monetary Fund (IMF) have proposed renewing a key borrowing tool for a further five years, even though it is being scaled down. A policy paper published on September 13 sets out staff…

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Oil prices set to snap two-day winning streak ahead of Fed decision By Reuters

Oil prices set to snap two-day winning streak ahead of Fed decision By Reuters

By Yuka Obayashi TOKYO (Reuters) -Oil prices fell on Wednesday and were set to snap a two-session winning streak ahead of a likely interest rate cut by the U.S. Federal Reserve, as weak macroeconomic data…

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