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magazine

Economy

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U.S. Officials Caution Banks Regarding Risks Associated with Anthropic AI Model
12 Apr
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U.S. Officials Caution Banks Regarding Risks Associated with Anthropic AI Model

US officials cautioned bank executives that Anthropic’s AI model presents significant cybersecurity
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Japan has granted an additional $4 billion to the chipmaker Rapidus
12 Apr
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Japan has granted an additional $4 billion to the chipmaker Rapidus

Japan’s industry ministry announced on Saturday the approval of an additional 631.5
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Traffic in the Strait of Hormuz slows as the US and Iran initiate negotiations
11 Apr
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Traffic in the Strait of Hormuz slows as the US and Iran initiate negotiations

Ship movements continue to lag significantly behind normal levels, even with the
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Ghana plans to reduce fuel taxes and levies in response to rising pump prices due to the conflict in Iran
11 Apr
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Ghana plans to reduce fuel taxes and levies in response to rising pump prices due to the conflict in Iran

The government of Ghana will eliminate certain fuel taxes and charges imposed
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UN reports that more than 1 million Sudanese refugees in Chad are experiencing significant reductions in aid
11 Apr
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UN reports that more than 1 million Sudanese refugees in Chad are experiencing significant reductions in aid

Over a million Sudanese refugees are at risk of severe reductions in
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Dollar weakens as the delicate ceasefire between the US and Iran creates market uncertainty
10 Apr
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Dollar weakens as the delicate ceasefire between the US and Iran creates market uncertainty

The dollar fluctuates in response to uncertainty surrounding the Middle East ceasefire,
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IEA: The Current Oil Crisis is More Severe Than Those of 1973, 1979, and 2002 Combined
10 Apr
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IEA: The Current Oil Crisis is More Severe Than Those of 1973, 1979, and 2002 Combined

IEA cautions that the global energy disruption is unparalleled due to the
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Oil Drops to $92 Following Trump’s Announcement of Two-Week Ceasefire Deal with Iran
10 Apr
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Oil Drops to $92 Following Trump’s Announcement of Two-Week Ceasefire Deal with Iran

Oil prices have dropped significantly to $92 per barrel following Trump’s announcement
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Maersk States Ceasefire Provides Restricted Shipping Opportunities in Hormuz
09 Apr
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Maersk States Ceasefire Provides Restricted Shipping Opportunities in Hormuz

Maersk indicates that a ceasefire could permit restricted transits through Hormuz, yet
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India Directs Major Airports To Reduce Landing And Parking Fees By 25% For Domestic Flights
09 Apr
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India Directs Major Airports To Reduce Landing And Parking Fees By 25% For Domestic Flights

India has reduced airport landing and parking fees by 25% for a
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