When nations declare adversity onto each other, there is a lapse of time between the declaration of intention and commencement of hostilities. Implementation can take anywhere from months to years. The Brexit discussions are a major example of such conditions. Code yellow conditions are now in place between Europe and Britain. My wife and I visited England to explore the current and future status of the country. Evensong in Canterbury Cathedral, seat of the archbishop, is very British, well attended, firm, strong and uplifting. There are definite advantages to singing one’s prayers. The British production of Jersey Boys was another listening adventure, packed house, lots of fun, energetic singing done well. In London, no signs of fear or concern. St. Martin’s in-the-Field did not disappoint with renditions of Mozart at candlelight by a Russian pianist. Trafalgar square was humming and buzzing late into the night as usual. Sticking together while exercising simple precautions is … [Read more...] about OPINION: Post-Brexit Conditions Have Yet To Become Hostile. Will The UK Remain Peaceful?
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Some excerpts from the chat: "I'll just put it this way to summarize the intention of artificial intelligence. Particularly AGI (artificial general intelligence) has always been to eliminate humans from the workforce. That has always been the intention of AI." "Techno unemployment will either produce one of two effects, either it will create social unrest and the collapse of society based on unsustainable levels of human unemployment. " "How we deal with this transition to a highly automated society and removing humans from the essential role of human capital to keep the economy going instead of computers." "From an employment perspective, in an highly automated society climate change mitigation is the only real growth industry that's going to require human capital to respond." "The core principles of economic theory are changing. What is the economy for- in a highly automated society, is the economy there to create GDP growth or full employment. It will still create … [Read more...] about Policy Talk | What’s the big deal with artificial general intelligence?
Share to Twitter Share to Linkedin Dispatches from Ukraine. Day 283. As Russia’s attack on Ukraine continues and the war rages on, reliable sources of information are critical. Forbes gathers information and provides updates on the situation. By Daria Dzysiuk. Over the past day, the Armed Forces of Ukraine have successfully repelled Russian attacks in the settlements of Chervonopopivka, Luhansk region, Soledar, Opytne, Nevelske, Krasnohorivka and Maryinka, Donetsk region , The General Staff of the Armed Forces reports . The enemy targeted civilian infrastructure and positions of Ukrainian troops on the frontline with 5 missile, 27 air, and 44 MLRS strikes. Energy system and critical infrastructure targets remain under continued threat of Russian rocket attacks. Russian forces shelled the Kherson region 28 times on December 2 , Yaroslav Yanushevych, Kherson’s governor said . In the past 24 hours several residential buildings and an … [Read more...] about Saturday, December 3. Russia’s War On Ukraine: Daily News And Information From Ukraine
- A + A (Dec 3): Russia "will not accept" a price cap on its oil and is analysing how to respond, the Kremlin said in comments reported on Saturday, in response to a deal by Western powers aimed at limiting a key source of funding for its war in Ukraine. Kremlin spokesman Dmitry Peskov said Moscow had made preparations for Friday's price cap announcement by the Group of Seven nations, the European Union and Australia, the Russian state news agency TASS reported. "We will not accept this cap," RIA news agency quoted him as saying. He added that Russia would conduct a rapid analysis of the agreement and respond after that, RIA reported. Russia has repeatedly said it will not supply oil to countries that implement the cap — a stance reaffirmed by Mikhail Ulyanov, Moscow's ambassador to international organisations in Vienna, in posts on social media on Saturday. "Starting from this year, Europe will live without Russian oil," he said. The G7 price cap will … [Read more...] about Russia says it won’t accept oil price cap and is preparing response
Share to Twitter Share to Linkedin I am in the middle of writing a book on French democracy, and not for the first time I wonder if I have the wrong country. Often in recent months I have felt I should have been scribbling about America or the UK, but now unrest is bravely picking up in Iran, and then, surprisingly we have the most political, widespread and angry outbreak of protests across China. It might well be too bold a view to say that the democratic recession is coming to an end or has troughed, but a ‘Spring’ in autocratic countries would be a welcome development, provided it ends well (please note that 15 of the 16 countries in the last ‘16’ round of the World Cup are democracies’). China is crucial and fascinating here. Having crowned himself as leader for ‘a very long time’ and triggered a transition from one party to one man, Xi Jinping’s hubris could not have been greater (see an earlier note ‘ The Red Curtain’ ), and this has now been punctured … [Read more...] about The Autocratic Recession – Will China’s Handling Of COVID Sink Its Economy?
Bloomberg filepix for illustration purpose only. - A + A KUALA LUMPUR (Dec 4): Malaysia’s Maritime industry had a mixed development in 2022, with the shipping business slowly steaming in rough waters, attempting to recover from the hard knocks of the Covid-19 pandemic, and rebuilding it amid a lack of directional stability. However, the ports have started gaining momentum. The Malaysian ports, especially those with greater exposure to the global supply chain, are seen to be consistently improving their efficiency and capacity to compete with regional players, while simultaneously embedding digitalisation. Shipping: Change the direction, rationalise target The Malaysian Shipping Masterplan (MSMP) 2017-2022 was launched five years ago and is due for a review, but the industry is still falling short of its targets. This, coupled with the pandemic that wrecked the supply chain, has left the industry in limbo, or at least directionless. According to a source from … [Read more...] about Malaysian shipping struggling to catch up, while ports ‘anchor aweigh’ from troubled waters
Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × With the curtains coming down on India Inc’s Q2FY23 earnings season, analysts were busy in November making rating revisions and upgrading their outlook for stocks that managed to beat the consensus. Britannia saw the maximum upgrades after a solid earnings beat while Divi’s Labs was shunned by analysts after its Q2 net profit slumped 18 percent year-on-year. While all fast-moving consumer goods (FMCG) companies reported a margin decline in the September quarter due to the high cost of inventory, Britannia’s EBITDA margins expanded to 16.3 percent from 15.5 percent in the same quarter last fiscal. In its earnings press release, the company said it had added 28,000 rural preferred dealers, leading to consistent market share gains, now at a 15-year high. Also Read: How Britannia managed … [Read more...] about Britannia most-loved, Divi’s Labs shunned by analysts in November
- A + A ROME: US authorities have reassured Italy that its banks are not at risk of fines for breaching sanctions against Moscow if they help a Lukoil-owned refinery buy non-Russian oil, Italian Industry Minister Adolfo Urso said on Saturday (Dec 3). The reassurance should help the Sicily-based ISAB plant, which the government may put in the hands of trustees, remain afloat after an EU embargo on seaborne Russian oil kicks in on Dec 5, safeguarding local jobs and national fuel supplies. "We received a letter from US authorities with guarantees that banks funding bridging transactions [to support ISAB] will not be subject to US sanctions," Urso told reporters on the sidelines of an event in the Sicilian city of Catania. The letter, seen by Reuters , is signed by the head of the Office of Foreign Assets Control (OFAC) at the US Treasury, and mentions a loan provided by some Italian banks and state lender Cassa Depositi e Prestiti (CDP). "The provision of a … [Read more...] about Italy secures US guarantees to unlock funding for Lukoil refinery
PHOTO: The Nation The Thai Foreign Minister yesterday formerly summoned foreign diplomats yesterday afternoon, one by one, in a diplomatic dressing down about their appearance at a police station last Saturday morning. The official ministry memo objected to the presence of envoys at the Pathumwan Police Station on Saturday when the Future Forward Party leader Thanathorn Juangroongruangkit reported in to hear charges against him. But the US Embassy has responded, telling The Nation that attendance at legal prosecutions is standard practice. “Regardless of the intention, the presence of embassies’ representatives at the police station, with such visibility and with the publicity it generated, was clearly an act of political significance, seen by the Thai public largely as a show of moral support for Mr Thanathorn,” read the aide memoir, a copy of which has been seen by The Nation . “The Thai government respects the rights of foreign embassies to monitor political … [Read more...] about US Embassy responds to Don’s rebuke over Thanathorn case
Share to Twitter Share to Linkedin Can the Cubs take Dansby Swanson away from the Braves? That would be a huge step forward for Jed Hoyer and the rest of Tom Ricketts’ front office, which has been in retreat mode since declining to extend Joe Maddon’s contract after missing the playoffs in 2019. The Cubs have been widely linked to the pursuit of the big four shortstops. But it is one thing to pursue players like Carlos Correa, Trea Turner, Xander Bogaerts and Swanson, and another thing to sign them, especially given the quantity — and quality — of competition in the pursuit. The New York Post’s Jon Heyman does not view the Cubs as one of the top options for Correa, Turner or Bogaerts but ranks the Cubs as a favorite to sign Swanson, with the Braves given a decent chance to retain him. Swanson helped the Braves beat Houston in the 2021 World Series, homering twice. He has hit 54 regular-season and postseason home runs the last two seasons while … [Read more...] about Signing Dansby Swanson Would Speak Loudly For Cubs’ Credibility