nabiljoereiham (@nabiljoereiham) • Hey
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Publications
- Netflix’s crackdown on password sharing helped the streaming service blow past Wall Street’s earnings forecasts, but its shares fell after it said it planned to stop regularly disclosing its subscriber numbers.
- The acquisition of the gaming company would
The acquisition of the gaming company would almost certainly collapse if the judge sided with the Federal Trade Commission, according to executives and lawyers for the companies at the hearing in federal court, which began last Thursday. The agency is seeking a preliminary injunction to stop the deal closing while it pursues a parallel case in an administrative court.
- The American Petroleum Institute, the largest US oil lobbying group, told the Financial Times this week that the EPA’s original proposal was flawed, undermined consumer choice and would have **repercussions** in the upcoming election.
- Eswar Prasad, professor of economics at Cornell University, said: “The Fed’s conservative approach is being vindicated by incoming data and by financial market participants **dutifully** falling in line with the Fed’s projected path of interest rates.”
- The American Petroleum Institute,
The American Petroleum Institute, the largest US oil lobbying group, told the Financial Times this week that the EPA’s original proposal was flawed, undermined consumer choice and would have repercussions in the upcoming election.
- Israeli air strikes killed 16 people in Lebanon overnight and a barrage of retaliatory rocket fire by Hizbollah militants killed one person in Israel, making Wednesday the deadliest day of fighting across the Lebanese border since the Israel-Hamas war began in October
- It also ordered Israel to increase “the capacity and
It also ordered Israel to increase “the capacity and number of land crossing points” by which aid could be delivered to Gaza, and keep them open “as long as necessary”, while ensuring that its military did not prevent “through any action, the delivery of urgently needed humanitarian assistance”.
- The Polish defence ministry said the probe was to
The Polish defence ministry said the probe was to look at “the personal security clearance” of Lieutenant General Jarosław Gromadziński and gather new information about him. Warsaw said it notified its allies “in advance” and the dismissal caused no particular concern.
- International investors are dipping a toe into Turkey’s long-abandoned debt market as sweeping economic reforms and a surge in yields gradually increase the appeal of the country’s bonds.
- Turkey and Greece agreed to take steps to boost bilateral trade and tourism as the neighbours and Nato allies sought to ease longstanding tensions on energy resources and defence issues.
- The government has exaggerated progress on its plan to reinvigorate the City of London, the chair of the Commons Treasury select committee said, as she called on the ministers to speed up delivery of the so-called Edinburgh reforms.
- The European Central Bank has left interest rates unchanged and given few indications of when it might start to cut borrowing costs despite saying it expects to hit its inflation target by 2025
- EU leaders agreed to open accession talks with Ukraine at a charged summit on Thursday, after Hungary’s prime minister relented in his opposition to the historic step for the war-torn country.
- While Yellen called AI an “emerging threat” to financial stability, she also said she believed existing regulations could be used to curb the technology’s potential market risks.
- The growing use of artificial intelligence has become a significant risk to stocks, bonds and financial markets in general, according to a new report from the chief US financial stability regulator.
- Big investors are turning to riskier assets such as emerging markets and high-growth companies as their confidence increases that global interest rates are set to tumble without a sharp economic downturn, according to a closely watched survey.
- Proof of concept typically means evidence that a design idea is feasible. Cryptocurrency enthusiasts have suggested that the approval of bitcoin ETFs by the US Securities and Exchange Commission this week is substantial proof of concept that cryptocurrencies are viable and marks a big step towards their integration into the financial system. The question, however, is viable and feasible as what?
- Donald Trump showed no cracks in the armour of his campaign to return to the White House after scoring an overwhelming victory in Iowa over his closest Republican rivals, prevailing in all 99 counties of the Midwestern state
- Despite a sharp decline in US inflation over the past year, the monthly US data release on movement in prices continues to garner significant attention, extending beyond economists and market participants. It shapes perspectives on economic growth prospects, central bank policy and market performance. It also has social and political consequences.
- Global stocks and bond markets retreated on Wednesday as investors scaled back expectations of swift interest rate cuts in the eurozone, the UK and the US.
- Nikki Haley is stepping up her attacks on Donald Trump — including jibes about his age — as she tries to turn the Republican presidential primary contest into a two-way race between her and the former president.
- That agreement on a top-line figure marked a rare breakthrough in a Congress that has been riven by **partisan** warfare for months, but the leaders still have not hammered out the details.
- When Janet Yellen told former Alphavillain Colby Smith that she didn’t see signs of Treasury market “dysfunction” despite the sell-off, it prompted a glut of considered responses from some of the internet’s bond **savants**.
- Lab-grown gems are posing a significant threat to the natural diamond sector, as consumers — particularly in the US — choose to buy jewellery that uses stones that are created in a **foundry** but are almost chemically identical to counterparts dug out of the ground.
- Geopolitical tensions are changing trade flows as countries switch supply chains to allies rather than the most efficient exporter, the World Trade Organization has said.
- North Korean leader Kim Jong Un arrived in Russia on his private train on Tuesday for a meeting with Russian president Vladimir Putin that could seal an arms deal to support Moscow’s war in Ukraine.
- Demonsant’s words echoed those of German **gearbox** manufacturer Renk, which put its own float on the Frankfurt stock exchange on ice last week. “In the past days, the market environment has clouded noticeably,” the company said at the time.
- In Northeastern China, the morning markets are famed for their high-quality yet affordable offerings. They boast a wide selection of fresh, premium produce, including vegetables, meats, eggs, and seafood, as well as reasonably priced footwear, headwear, general merchandise, and local specialties. Over time, these markets have become a favored destination for tourists looking to experience the authentic local lifestyle.
- As one of China's pioneering border cities, Heihe city and the Russian city of Blagoveshchensk are a mere few hundred meters apart on foot, with a swift 7-minute boat ride connecting them. Local residents emphasize that the cost of living in Russia is 5 to 6 times higher than in Heihe.
- Kennedy, an environmental lawyer who has spread conspiracies about vaccines, has drawn support from Americans disaffected with the two-party system, while drawing upon the allure of his famous last name.
- Inflation has fallen faster than expected in Norway and Denmark, fuelling expectations that central banks in the region will stop raising interest rates in response to the cooling of price pressures and falling economic output.
- Sales growth at luxury conglomerate LVMH slowed in the third quarter, as demand for handbags moderated and that for spirits fell after several years of stellar growth.
- The package announced on Thursday will include more artillery, ammunition, anti-tank weapons, cluster munitions, a second Hawk air defence battery, and launchers and interceptors. It is valued at $325mn, and comes from money Congress had already approved to last until the end of September.
- Three people familiar with the discussions at the G20 summit said several members of the Five Eyes — an intelligence-sharing network that includes the US, UK, Canada, Australia and New Zealand — raised the killing of Hardeep Singh Nijjar with Modi. One said Biden felt it was important to raise the issue directly with his Indian counterpart.
- The head of the European parliament has said Brussels’s growing list of climate and industrial regulations is driving voters towards populist parties ahead of EU-wide elections in June.
- Internet heavyweight Tencent unleashed its key generative AI technology on Thursday, declaring “war has begun” with about a dozen rivals fighting to be China’s national artificial intelligence champion.
- A meeting between Kim and Putin would significantly step up military ties between Russia and North Korea as Moscow’s occupying forces try to contain a counteroffensive in the southern and eastern part of Ukraine.
- Kim Jong Un, the North Korean leader, expects to travel to Russia to meet Russia’s President Vladimir Putin to discuss weapons sales to Moscow, a senior White House official said on Monday.
- Brussels will fine importers no more than €50 a tonne of carbon emissions for missing reporting requirements during the trial period of the world’s first carbon border tax.
- The Financial Times reported last week that Tokyo had strenuously objected to including anti-whaling language in IPEF. One senior Japanese official said Tokyo was prepared to abandon IPEF unless the US backed down, which would have dealt a blow to Washington and a deal it hopes will provide an economic counterweight to China.
- The accords operate under the auspices of the Outer Space Treaty, which has been adopted by more than 110 space-faring nations. However, while the treaty stipulates that no state has the right to claim territories on the moon, it does not specify how the non-appropriation principle applies to space resources – such as the right to extract, own, and use lunar water ice.
- According to Nelson, the US and China are in a race to see who can be first to gain access to the water ice believed to be trapped at the lunar south pole.
- Zaslav’s comments come as striking writers and the major Hollywood studios prepare to speak on Friday, ending a stalemate in negotiations between the two sides.
- Warner Bros Discovery chief executive David Zaslav urged a resolution to a historic labour strike in Hollywood while revealing that the work stoppage had saved the company about $100mn in the most recent quarter.
- Billionaire Republican donor Harold Hamm told Donald Trump to drop his bid for the White House and has said the party needs a candidate free of the “chaos” dogging the former president, who faces several criminal investigations
- The UAE’s state energy company has brought forward its emissions reduction target as the Gulf country prepares to host the COP28 climate talks in December.
- Jennifer destefano answered a call from a number she did not recognise. “Mom, I messed up,” her daughter’s voice told her, sobbing. “These bad men have me.” A man proceeded to demand money, or he would drug her daughter and leave her in Mexico. But while she kept him on the phone, friends managed to reach her daughter, only to discover that she was, in fact, free and well on a skiing trip in Arizona. The voice used on the phone was a fake.
Ms DeStefano, still shaken, told this story to a us Senate subcommittee hearing on artificial intelligence in June. The dangers that voice-cloning technology pose are only now starting to be uttered aloud. In recent months, most of the attention paid to artificial intelligence (AI) has gone to so-called “large-language models” like ChatGPT, which churn out text. But voice cloning’s implications will also be profound.
A brief sample of a voice can be used to train an AI model, which can then speak any given text sounding like that person. Apple is expected to include the feature for iPhones in its new operating system, ios 17, due to be released in September. It is advertised as helping people who may be in danger of losing their voice, for example to a degenerative disease such as als.
For those eager to try voice cloning now, ElevenLabs, an AI startup, offers users the chance to create their own clones in minutes. The results are disturbingly accurate. When generating a playback, the system offers a slider that allows users to choose between variability and stability. Select more variability, and the audio will have a lifelike intonation, including pauses and stumbles like “er…” Choose “stability”, and it will come across more like a calm and dispassionate newsreader.
- Life in Barbie Land, the utopian pink paradise that’s home to life-size versions of every Barbie doll that has ever existed, is one long party. Barbie (played by Margot Robbie) wakes up in her dream house every morning, hangs at the beach all day with the other Barbies and many admiring Kens, then hosts a girls’ night that’s one long choreographed dance sequence. It is a life of prescribed joy, a brand-managed universe where nothing is ever allowed to go wrong and Barbie’s perfectly arched heels are never allowed to touch the floor. Which is what makes it particularly funny when she, mid-dance, asks aloud, “Do you guys ever think about dying?” Record scratch.
- Currently, Fuzhou has a total length of 131 kilometers of mountain trails, connecting with 501.7 kilometers of waterfront greenways and over 200 traditional streets and alleys. The Fuzhou urban forest trail, which winds through 379 beaded parks and 1,022 street parks, facilitates a close connection between mountains, water, people, and the city.
- Yongqingfang, a historical complex in Guangzhou, is situated on Enning Road and is considered the core area of old Guangzhou, as well as the city's most beautiful arcade.
During the late Qing Dynasty, it served as the economic hub of southern China. However, over time, the neighborhood gradually fell into disrepair. Starting in 2009, a series of micro-transformations began in Yongqingfang and have continued to the present day. Today, the revitalized Yongqingfang has emerged as a new cultural landmark, where traditional and modern cultures blend harmoniously in the old city.