The South Korean tech group Samsung was a clear loser on the stock exchange in Seoul on Monday. Investors are concerned about the continuing shortage of memory chips, coupled with fears of an economic recession. These can hinder the company, also because more and more central banks worldwide are […]
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Bank of Japan Maintains Loose Monetary Policy
The Bank of Japan (BoJ) maintained its accommodative monetary policy on Friday. This puts the rate of the country’s central bank at odds with that of other central banks worldwide, which are raising interest rates to curb sky-high inflation. For example, the US Federal Reserve announced its strongest rate […]
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What Insurance Should A Builder Have?
Building work is considered ‘risky’ by insurers, so a builder should take great care when deciding which insurance they should have and when comparing quotes. According to NimbleFins, common types of insurance for a builder include employers’ liability and public liability to start with, but builders typically buy other types […]
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10,000 More Civilians in Severodonetsk
About 10,000 civilians remain in the encircled Severodonetsk, according to Governor Sergei Gaidai. That is a tenth of the population before the war when the eastern Ukrainian city still had more than 100,000 people. Severodonetsk and Lischansk are the only places in the Luhansk region that have not yet […]
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Two Young People Killed in Lyon Shooting
Two young people, aged 20 and 16, were killed in a shooting in Lyon the night from Tuesday to Wednesday. The shooting happened in the La Duchère neighbourhood, which is known for drug trafficking. A 17-year-old and a 15-year-old were also injured, but their lives are not in danger. […]
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Tech Companies Down Again on Asian Stocks
Asian stocks fell again on Tuesday after the continued sell-off on Wall Street. Fears that the US Federal Reserve will intervene harder than expected to combat high inflation have gripped markets. The Fed will make an interest rate decision on Wednesday and may then raise interest rates by 0.75 […]
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UK Economy Contracted for Second Month in a Row in April
Fears that the British economy will end up in recession have increased again. The economy shrank for the second month in a row in April under the pressure of sky-high inflation. In addition to rising prices, supply chain problems are also hampering business activity in the country. According to […]
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NASA to Investigate UFOs
The American space agency NASA will start a major study into UFOs in the fall. The organization announced Thursday that knowledge of “unidentified aerial phenomena”, as it officially calls UFOs, is important for aviation safety and national security. According to NASA, there is no evidence that these phenomena have […]
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Volkswagen Offers Russian Employees A Severance Package
The German automaker Volkswagen would offer workers at one of its Russian factories compensation if they left the factory voluntarily. That writes the Russian newspaper Kommersant. According to the newspaper, the offer would in some cases amount to six months’ salary for the approximately 200 employees at the factory […]
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Governor: Chance of Ukrainian Army Withdrawing in Severodonetsk
Ukrainian forces in Severodonetsk may have to withdraw to more defensible positions in the eastern city. The governor of Luhansk, Sergei Gaidai, said this on television on Wednesday. He added that Ukraine does not intend to give up Severodonetsk. The governor said Russia is already conducting 24-hour air strikes […]