China Is Leading The Global Nuclear-Power Build-Out Authored by Tsvetana Paraskova via OilPrice.com, China is currently constructing a total of 26 nuclear power units with a combined capacity of 30.3 gigawatts (GW), the highest in the world, according to a report by the China Nuclear Energy Association (CNEA) cited by local media. China's nuclear power units Hualong One in Fuqing, Fujian Province, China. /CFP Last year, China approved the development of five new nuclear power...
The People's Bank of China (PBoC) announced on Monday it will keep its one-year loan prime rate (LPR) unchanged at 3.45%. Additionally, the bank's five-year loan prime rate remained at 3.95%,
Canada will press ahead with introduction of a digital services tax on large technology companies, which would raise C$5.9 billion ($4.3 billion) over the five years starting fiscal 2024/25, the federal budget showed on Tuesday. Canada, seeking to address the challenge of taxing digital giants like Google parent Alphabet and Amazon.com that can book their profits in low-tax countries, had held off for two years to allow for the conclusion of talks on a global treaty on taxing multinationals....
“There isn’t much alternative in China. With exchange controls and capital controls, you can’t just look at other markets to put your money into.”
Max Verstappen made a strong start as the Chinese Grand Prix got underway, while Fernando Alonso caught the eye by slotting into second place.
British singer-songwriter Raye will seek to continue her winning streak as her debut record is among those nominated for the Ivor Novello Awards' prestigious best album prize.
World Bank Report Highlights Advantage Of Central Bank Gold Revaluation Accounts By Jan Nieuwenhuijs of Gainesville Coins Recently the World Bank released a handbook for asset managers on why to invest in gold. At Gainesville Coins I have written numerous articles on gold revaluation accounts and how these can be deployed by central banks to absorb losses in case of emergency. The World Bank has taken notice of my research as they allude to this practice in a chapter on reserve...
Banks are increasingly carrying out checks to verify that their customers are not laundering money, financing terrorism or violating sanctions, De Nederlandsche Bank (DNB) said on Monday. At the same time, the Dutch central bank noted that some banks are delaying or scaling back improvements to their controls and checks. As a result, they have to do more to get their controls in order.
The global community should work together to build inclusive, reliable and reciprocal supply chain partnerships, so as to promote resilient, unimpeded and efficient GVCs and a more inclusive and sustainable global economic development.
As visual communication becomes the norm in the workplace and artificial intelligence (AI) turns from a nice-to-have tool to a necessity and expectation, it’s clear that our classrooms need to adjust—and we all know that change isn’t easy. The encouraging news is that educators are up for the challenge. As they recognize the benefits of integrating visual communication and AI into education—enhancing student learning, improving teaching experiences, and reducing administrative burdens—there is...
Stock markets in the Asia-Pacific region traded mostly higher at the start of the week, while Chinese stocks dipped in the negative territory as investors digested the People's Bank of China's (PBoC)
As it exports internet infrastructure, China is expanding its authoritarian model of the web, report says.