Larry Summers dismisses speculation of dollar losing global dominance

Former Treasury Secretary Larry Summers dismissed concerns about the dollar losing its dominance in the global economy, citing China’s limitations in offering an alternative reserve currency. China’s recent capital outflows…

Walmart Automation Strategy: Robots and Claws Set to Boost Profits

To increase profits, Walmart is increasing the use of automation throughout its supply chain. At a Florida investor event, Walmart displayed an automated distribution centre that employs gigantic robotic claws…

Biden Breaks With Progressives to Win Over Swing Voters Ahead of Reelection Bid

In anticipation of his re-election campaign, President Joe Biden has diverged from progressives on a number of controversial issues. Biden is endeavoring to neutralize politically sensitive issues that Republicans might…

Gen-X Bankers Warn Gen-Z Content Creators: Don’t Give Up Your Day Job – The Stark Reality of the Creator Economy

Two papers from Goldman Sachs and Citigroup examine the present and potential of the global creator economy. According to both studies, the creator economy is an ecosystem in which people…

AI Revolutionizes Hiring: How ChatGPT Is Changing the Game

Since November 2022, the generative AI automaton ChatGPT has revolutionised writing by allowing anyone with internet access to generate anything in written form. ChatGPT can write persuasive cover letters, summarise…

Canadians Struggle with Rising Prices as Retail Sales Decline Amid Inflation and High Interest Rates

As a result of high inflation and interest rates, Canadians consumers are reducing their expenditure, which is having a negative impact on retail sales. In February, retail sales decreased 0.2%…

Volkswagen to Build Large EV Battery Plant in Ontario, Outdoing Previous Automaker Investments

Volkswagen has decided to build its new “gigafactory” in Ontario as opposed to several U.S. states. The new facility, which will cover hundreds of acres near London, Ontario, will produce…

The Trump-DeSantis Cold War Heats Up Over Possible Indictment: Implications for 2024 Presidential Run

After initially remaining reticent on the possibility of Trump’s indictment, Florida Governor Ron DeSantis and former President Donald Trump are engaging in a heated exchange. However, Trump supporters on social…

Jailed ex-president of Georgia, Saakashvili, is close to death in a hospital

Georgia former president, Mikheil Saakashvili, is said to be near death in a Georgian hospital after his health deteriorated severely. Saakashvili led Georgia’s Rose Revolution in 2003 and was the country’s president from 2004 to 2013. He was arrested last year after returning to Georgia from Ukraine, where he was appointed governor of Odesa. Critics claim his imprisonment is the result of a vendetta against him by his political rival, oligarch Bidzina Ivanishvili. His incarceration is seen by many of Georgia’s Western allies as a symbol of the country’s drift back towards Moscow’s orbit of influence.

Google Emergency Update for Chrome: High-Severirty Vulnerability Actively Exploited in the Wild

Google published an urgent security update for the Chrome browser earlier this week due to an active vulnerability. This flaw is currently being exploited in the field and may result…