A US-owned container ship was hit by an anti-ship ballistic missile off the coast of Yemen

A US-owned container ship was hit by an anti-ship ballistic missile off the coast of Yemen

Men stand near a billboard depicting an Israeli-flagged commercial ship on fire after it was struck by Houthi-allied Yemeni naval forces on a street on January 10, 2024 in Sana’a, Yemen. Mohammed Hamoud | Getty Images A container ship owned and operated by the United States was hit by an anti-ship ballistic missile from Houthi-controlled … Read more

Germany, how did 2023 end? A recession has been avoided, but the crisis is deep

Germany, how did 2023 end?  A recession has been avoided, but the crisis is deep

PUSH Germany narrowly avoids a recession, but confirms its deep economic crisis in 2023: it emerged from the German Federal Statistical Office. Gross domestic product fell 0.3% between October and December, according to Monday’s preliminary estimate. But with the previous three months revised upwards from 0.1% to 0%, Europe’s biggest economy avoided two consecutive quarters … Read more

It is possible that there will be no rate cut this year, says a member of the European Central Bank

It is possible that there will be no rate cut this year, says a member of the European Central Bank

Robert Holzmann, governor of the Austrian central bank, speaks during an event in Vienna, Austria, Tuesday, Sept. 26, 2023. Bloomberg | Bloomberg | Getty Images The European Central Bank may defy market expectations and delay the start of interest rate cuts throughout 2024, a member of the institution’s Board of Governors, Robert Holzmann, said on … Read more

Veteran investor David Roche says the market is wrong about the outcome of the Taiwan election

Veteran investor David Roche says the market is wrong about the outcome of the Taiwan election

Taiwan President Tsai Ing-wen speaks as Lai Ching-te, Taiwan’s vice president and presidential candidate of the ruling Democratic Progressive Party (DPP) during a campaign rally ahead of the election in Taipei, Taiwan on January 11, 2024. Carlos Garcia Rawlins | Reuters Taiwan’s election results put the island on a “collision course with China” and the … Read more

What is the ECB up to on rates?

What is the ECB up to on rates?

PUSH ECB will meet next January 25 with the question in search of answers: when it starts lowering interest rates? With the money price at 4.5% and the deposit rate at 4.00%, the central bank appears to have concluded its historic cycle of monetary tightening. Currently, Eurotower is waiting for how i 10 increases implemented … Read more

The world’s five richest men have doubled their wealth since 2020, a report says

The world's five richest men have doubled their wealth since 2020, a report says

Jeff Bezos watches from the sideline before kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium on September 15, 2022 in Kansas City, Missouri. The founder and chairman of Amazon is one of the richest people in the world. Cooper Neill | Getty Images Sports | Getty Images … Read more

The IMF warns AI will affect nearly 40% of jobs worldwide and worsen overall inequality

The IMF warns AI will affect nearly 40% of jobs worldwide and worsen overall inequality

A pedestrian walks past a TATA pop-up store with a poster reading ‘The Future is AI’ outside the World Economic Forum (WEF) in Davos, Switzerland, Sunday, January 14, 2024. The annual Davos gathering of political leaders, top executives and celebrities runs from 15 to 19. January. Photographer: Hollie Adams/Bloomberg via Getty Images Bloomberg | Bloomberg … Read more

Artificial intelligence will affect 40% of jobs

Wired Italia

The International Monetary Fund (IMF) has been investigating what that might be the potential impact of artificial intelligence on the global labor marketachieving results”impressive” and from the point of view replacement of some jobs on the side of technology and on the side of that integration with human work. As reported Sun 24 hoursthe study … Read more