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Deutsche Bank may not be the only one in trouble

Sep 29, 2016 13:14 pm UTC| Commentary Economy

Deutsche Bank has beenmaking headlines over the past two weeks as it struggles with its finances. There is a possibility that if the United States imposes a $14 billion penalty over its mishandling of mortgages during the...

Eurozone growth could surprise on the upside in H2 '16

Sep 29, 2016 12:03 pm UTC| Insights & Views Economy

September economic data from the Eurozone showed resilience, in line with rhetoric from ECB president Mario Draghi suggesting that the Euro-Zone is showing signs of a modest recovery. Economists expect Eurozone growth...

German consumer prices in September likely to hit 16-month high, state data shows

Sep 29, 2016 11:41 am UTC| Commentary Economy

Consumer price inflation in Germany is likely to surge to a 16-month high in September, picking up more than market expectations, according to a set of regional data released Thursday that delivered an encouraging sign for...

Spanish inflation turns positive for the first time in two years amid ongoing political deadlock

Sep 29, 2016 10:55 am UTC| Commentary Economy

Consumer prices in Spain turned positive for the first time in two years, although falling short of analysts expectations in midst of an ongoing political deadlock that has left the country without a stable government for...

German unemployment rises surprisingly in September for the first time this year

Sep 29, 2016 10:43 am UTC| Commentary Economy

The number of jobless people in Germany during the month of September rose for the first time this year, a sign of concern that the United Kingdoms exit from the European Union has yet not cooled off within the economic...

Rising border tension between India and Pakistan may cook further losses for stocks and bonds

Sep 29, 2016 10:11 am UTC| Commentary Economy Insights & Views

The Indian stock index and bonds slumped Thursday after the Director General of military operations of the Indian Army, Lt. General Ranbir Singh said that they have attacked terrorist camps in Pakistan, which were...

Spanish retail sales ease in August; economic growth likely to witness pressure in 2017

Sep 29, 2016 10:03 am UTC| Commentary Economy

Retail sales in Spain eased during the month of August, compared to a year earlier period; also, the countrys economic growth is likely to witness pressure during 2017 in midst of a political deadlock that has left the...

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Economy

Economic Shockwaves: How Trump's Tariffs Could Affect Your Wallet

President-elect Donald Trump has announced new tariff plans that will affect trade with Canada, Mexico, and China. Here are the main points: Tariff Plans: 25% Tariff on Canada and Mexico:Starting January 20, Trump...

FxWirePro- Major Economic events for the day

Time (UTC) Currency Indicator Previous Forecast 12:01am GBP BRC Shop Price Index...

Tesla Out of California’s EV Tax Credit Plan? Shocking Exclusion Sparks Debate Over Federal and State Policies

Californias new EV tax credit proposal may exclude Tesla, despite its dominance in the electric vehicle market. Governor Gavin Newsom suggests the move would encourage competition, as federal subsidy changes loom under...

Nvidia's Fugatto AI Transforms Voices and Sounds, Ushering in a New Audio Era

Nvidia on Monday introduced Fugatto, a groundbreaking AI model that transforms voices and generates new sounds from text descriptions. Aimed at revolutionizing audio creation in music, film, and gaming, Fugatto showcases...

Politics

Biden Shocks Nation: Confirms Attendance at Trump’s Inauguration—‘America Needs Unity More Than Ever!’

In a move that has sparked widespread debate, President Joe Biden has confirmed his intention to attend former President Donald Trumps potential inauguration in 2025. The announcement, made through a White House statement...

Trump’s Bold 25% Tariff Threat Sparks Outrage: ‘Until the Invasion Is Stopped, Business Is Over!’

Former President Donald Trump has reignited controversy by announcing a sweeping 25% tariff on all goods imported from Mexico and Canada, effective immediately upon his potential return to the White House. The bold...

‘Trump Drops Tariff Bombshell?’ Shocking Call With Trudeau Sparks Tensions Over Trade and Border Security

President Donald Trump and Canadian Prime Minister Justin Trudeau engaged in what was described as a good discussion on Monday night, focusing on pressing issues of trade and border security. The conversation comes just...

Mexico Hits Back! Trump’s Tariffs Spark Controversial Retaliation That Could Shake American Economy

Mexico has signaled its intent to impose retaliatory tariffs on American goods in response to President Donald Trumps recent announcement of sweeping tariffs on Mexican imports. The move threatens to escalate tensions...

Science

From using plant rinds to high-tech materials, bike helmets have improved significantly over the past 2 centuries

Imagine its the mid-1800s, and youre riding your high-wheeled, penny-farthing bicycle down a dusty road. Sure, it may have some bumps, but if you lose your balance, youre landing on a relatively soft dirt road. But as the...

Why does everything look flat even though the Earth is round?

Ever since the ancient Greeks first made observations of the circular Moon and the skies, scientists have known that the Earth is a sphere. Weve all seen beautiful images of the Earth from space, some photographed by...

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Technology

Bitcoin Slides to $95K, XRP Falls Over 10% Amid $495M Liquidation Wave Impacting 197K Traders

The cryptocurrency market suffered a $495 million liquidation wave in the past day, driven by steep corrections in Bitcoin and XRP. Bitcoin fell to $95,000, triggering mass sell-offs, while XRP plunged over 10%. Amid...

Shiba Inu Whales Dominate Market With $300M in Transactions Despite 9% Price Drop

Large Shiba Inu transactions surged by 148% in 24 hours, reaching $300.98 million. Despite this, SHIBs price has declined 9.05% to $0.00002486, signaling cautious sentiment in a bearish cryptocurrency market. Shiba Inu...

Tesla Turns Shell Gas Station in Spain Into a Sleek Supercharger Hub, Redefining EV Charging

Tesla has transformed a Shell gas station in Cordoba, Spain, into a striking Supercharger hub, marking a bold shift in EV infrastructure and pushing the boundaries of traditional fueling spaces. Tesla Converts Shell...

OpenAI, Samsung Talks Signal a Major Shift for Galaxy Devices, Threatening Google’s AI Stronghold

OpenAI is reportedly in discussions with Samsung to bring its cutting-edge AI technology to Galaxy devices. This potential partnership could pose a significant challenge to Googles dominance in both AI and its partnership...
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