Tag: central
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Central bankers eye higher rates as AI boom fuels scramble for cash
BANGKOK, Oct 16 : The artificial intelligence boom is setting off a global race for money, forcing central bankers to contemplate a future in which interest rates stay higher and governments need to tighten their belts after an era of largesse.From silicon chips and data centres to power grids and telecoms ne
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CJP, Abhijeet Dipke: ‘Cockroach’ party founder detained ahead of Central Park Delhi protest
The youth-led movement had called for a Delhi protest after mass detentions last week and the jailing of two leaders.
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Horse carriages in New York City expected to be outlawed
Both the speaker of the city council and the mayor have expressed support for ending the practice.
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England increase central contracts to record 39
(Corrects retirement of Stokes and Wood to ‘this year’, not ‘last year’)Oct 12 : England have expanded their number of centrally contracted players to a record 39, including 30 full contracts, the ECB said on Monday.Former captain Ben Stokes and fast bowler Mark Wood retired from internationals this
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Residents airlifted to safety in central Chile as El Niño blamed for torrential rains
The Mapocho river has burst its banks after an unusually large amount of rain fell in recent days.
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Anthropic report: Is Russia using AI for disinformation in the Central African Republic and elsewhere?
An Anthropic report says the AI model Claude was used in pro-Russian campaigns in the Central African Republic. Similar allegations were raised for the Democratic Republic of the Congo, Kenya, Sudan and Mali.
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SNB’s Tschudin voices concern about stablecoin impact on central banks
ZURICH, Sept 30 : The Swiss National Bank is cautious about the use of digital stable coins, because the technology could make the transmission of monetary policy more difficult, governing board member Petra Tschudin said on Wednesday.”When we introduce innovations, we really need to ask what consequences the
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Fed’s Williams sees no urgency for next rate hike
Federal Reserve policymakers probably only need to deliver one more rate hike this year to get inflation back on track to the US central bank’s 2 per cent goal, says New York Fed President John Williams.
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Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations
NEW YORK, Sept 24 : The dollar hit a fresh two-month high on Thursday, boosted by growing views for Federal Reserve interest rate hikes after hawkish comments from several central bank officials and expectations for solid economic growth.Treasury yields calmed after sharp moves in the prior session but remain
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ICC convicts Central African Republic rebel leader
THE HAGUE: The International Criminal Court on Wednesday (Sep 23) convicted a former Central African Republic rebel commander on four counts of crimes against humanity including torture and unlawful imprisonment.The ICC found that Mahamat Said Abdel Kani, 56, oversaw beatings and maltreatment as head of a fea
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