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World Bank to issue first international CHF digital bond

World Bank to issue first international CHF digital bond

The World Bank has priced the first Swiss franc-denominated digital bond issued by an international entity, it announced on May 15. It will be settled using Swiss franc wholesale central bank digital currency (wCBDC) provided…

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We mapped a lost branch of the Nile River – which may be the key to a longstanding mystery of the pyramids

We mapped a lost branch of the Nile River – which may be the key to a longstanding mystery of the pyramids

The largest field of pyramids in Egypt – consisting of 31 pyramids built over a millennium, including the famous Great Pyramid at Giza – lies along a narrow strip of land in the desert several…

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Gold and silver to continue to appreciate

Gold and silver to continue to appreciate

Investing.com – With another day of gains in and futures, the Swiss group Julius Baer has decided to change its outlook on commodities to constructive. The group now believes that both metals have the potential…

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History says tariffs rarely work, but Biden’s 100% tariffs on Chinese EVs could defy the trend

History says tariffs rarely work, but Biden’s 100% tariffs on Chinese EVs could defy the trend

In June 2019, then-presidential candidate Joe Biden tweeted: “Trump doesn’t get the basics. He thinks his tariffs are being paid by China. Any freshman econ student could tell you that the American people are paying…

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ChatGPT is now better than ever at faking human emotion and behaviour

ChatGPT is now better than ever at faking human emotion and behaviour

Earlier this week OpenAI launched GPT-4o (“o” for “omni”), a new version of the artificial intelligence (AI) system powering the popular ChatGPT chatbot. GPT-4o is promoted as a step towards more natural engagement with AI.…

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Oil prices steady; weekly gains likely amid demand hopes By Investing.com

Oil prices steady; weekly gains likely amid demand hopes By Investing.com

Investing.com — Oil prices traded marginally higher Friday, and were headed for a positive week as milder U.S. inflation, shrinking U.S. inventories and increased Chinese stimulus stoked hopes of improving demand.  At 08:30 ET (12:30…

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Gordon Brown wants £3 billion for the ‘austerity generation’. But the UK needs a more enduring solution

Gordon Brown wants £3 billion for the ‘austerity generation’. But the UK needs a more enduring solution

Former prime minister Gordon Brown has called for a rescue plan for some of the UK’s most vulnerable young people. There are, he said, 3.4 million children born after 2010 who are in poverty and…

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Proxy adviser Glass Lewis urges Hess shareholders accept Chevron takeover offer By Reuters

Proxy adviser Glass Lewis urges Hess shareholders accept Chevron takeover offer By Reuters

By Gary McWilliams HOUSTON (Reuters) – Hess (NYSE:) shareholders should vote in favor of Chevron Corp (NYSE:)’s $53 billion offer at the company’s May 28 special meeting, proxy adviser Glass Lewis said on Thursday. The…

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After 180 years, new clues are revealing just how general anaesthesia works in the brain

After 180 years, new clues are revealing just how general anaesthesia works in the brain

Over 350 million surgeries are performed globally each year. For most of us, it’s likely at some point in our lives we’ll have to undergo a procedure that needs general anaesthesia. Even though it is…

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Historian gives ‘Union Joe’ a higher grade than any president since FDR

Historian gives ‘Union Joe’ a higher grade than any president since FDR

Joe Biden has pledged repeatedly to go further than any of his predecessors with his support for U.S. labor rights. “I intend to be the most pro-union president leading the most pro-union administration in American…

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