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China’s ‘innovation machine’: how it works, how it’s changing and why it matters

China’s ‘innovation machine’: how it works, how it’s changing and why it matters

China has had the world’s fastest growing economy since the 1980s. A key driver of this extraordinary growth has been the country’s pragmatic system of innovation, which balances government steering and market-oriented entrepreneurs. Right now,…

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Oil Up, Investors React to Latest EU Sanctions on Russia By Investing.com

Oil Up, Investors React to Latest EU Sanctions on Russia By Investing.com

© Reuters. By Gina Lee Investing.com – Oil was up on Thursday morning in Asia, extending gains from the previous session after the European Union (EU) unveiled against Russia. was up 0.35% to $110.53 by…

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3 essential reads on what it all means

3 essential reads on what it all means

The Federal Reserve on May 4, 2022, lifted its benchmark interest rate by half a percentage point to a range of 0.75% to 1%, its biggest increase in 22 years. The aggressive move, which has…

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Oil Rises as EU Lays Out Russia Supply Ban Plan; Fed Decision Awaited, Too By Investing.com

Oil Rises as EU Lays Out Russia Supply Ban Plan; Fed Decision Awaited, Too By Investing.com

© Reuters. By Barani Krishnan Investing.com – Crude prices were up more than 3% on Wednesday, their most in three weeks, as the European Union said it will completely stop purchasing oil from Russia by…

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Some funders are embracing ‘trust-based philanthropy’ by giving money without lots of obligations

Some funders are embracing ‘trust-based philanthropy’ by giving money without lots of obligations

With most foundations, the board of directors and top executives set all funding priorities. Nonprofits seeking money from those funders, in turn, must demonstrate an intention to do work that conforms to those priorities. The…

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Elon Musk claims his Neuralink brain chip could ‘cure’ tinnitus in 5 years. But don’t hold your breath

Elon Musk claims his Neuralink brain chip could ‘cure’ tinnitus in 5 years. But don’t hold your breath

The human brain is said to be the most complex biological structure ever to have existed. And while science doesn’t fully understand the brain yet, researchers in the expanding field of neuroscience have been making…

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RBNZ finds ‘overwhelming’ support for cash

RBNZ finds ‘overwhelming’ support for cash

The Reserve Bank of New Zealand (RBNZ) published the results of its public consultation on the future of cash and central bank digital currency (CBDC) on April 29, finding strong support for cash despite its…

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Texas grid operator warns of higher power demand this weekend By Reuters

Texas grid operator warns of higher power demand this weekend By Reuters

© Reuters. FILE PHOTO: Reliability coordinators monitor the state power grid during a tour of the Electric Reliability Council of Texas (ERCOT) command center in Taylor, Texas August 14, 2012. REUTERS/Julia Robinson/File Photo (Reuters) –…

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No, Biden can’t just sell off seized Russian yachts and central bank assets to help aid Ukraine – international law and the US Constitution forbid it

No, Biden can’t just sell off seized Russian yachts and central bank assets to help aid Ukraine – international law and the US Constitution forbid it

The Biden administration wants to sell off the yachts, homes and other luxury assets it has seized from Russian oligarchs and use those proceeds to support reparations for Ukraine. As part of his proposal for…

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The Eta Aquariid meteor shower is set to light up the skies. Here’s how to get the best seat in the house

The Eta Aquariid meteor shower is set to light up the skies. Here’s how to get the best seat in the house

There’s something wonderful about sitting under the night sky, watching a meteor shower play out overhead. However, observers in the southern hemisphere usually get the short end of the stick, with most of the best…

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