Author: IA PressRoom

Sen. Lindsey Graham, R-S.C., is a wanted man in Russia for comments he made while visiting Ukrainian President Volodymyr Zelenskyy on Friday. Russia’s Interior Ministry put out a warrant for Graham’s arrest on Monday in response to an edited video released by Zelenskyy’s office in which Graham praised U.S. support for Ukraine’s defense and noted that Russians are dying as Ukraine fights for its freedom. In the video, Graham noted that “the Russians are dying” and described the U.S. military assistance to the country as “the best money we’ve ever spent.” While Graham appeared to have made the remarks in different parts of…

Nasdaq 100 has rallied over 30% this year as artificial intelligence continues to attract investors into the big cap tech stocks. Professor Siegel’s view on AI stocks More importantly, the AI-driven rally is not over just yet, as per Jeremy Siegel – Professor of Finance at the Wharton School of the University of Pennsylvania. On CNBC’s “Street Sigs Asia”, he said: It’s not a bubble yet. First, there was excitement about artificial intelligence and Nvidia Corporation ratified that excitement with blowout earnings. That’s a double push. The semiconductor behemoth recently cited the AI boom and issued revenue guidance for its…

Accenture to acquire Brazilian sustainability consultancy Green Domus

WASHINGTON, DC – MAY 22: U.S. President Joe Biden meets with House Speaker Kevin McCarthy (R-CA) in … [+] the Oval Office of the White House on May 22, 2023 in Washington, DC. Biden and McCarthy were meeting to discuss raising the debt limit in an effort to avoid a default by the federal government. (Photo by Drew Angerer/Getty Images)Getty Images After a few days of speculation about the debt ceiling agreement between President Joe Biden and House Speaker Kevin McCarthy, we finally have the details. The text of the bill—just 99 pages long—was released on Sunday and is already…

529 college savings plan getty While it’s hard to say what will happen to the costs of higher education over the next decade, it seems pretty clear many families are on their own when it comes to financing college for their children. And unfortunately, this reality applies to everyone — not just people who don’t qualify for any financial aid. The fact is, even if you do qualify for financial aid, it’s usually not enough to cover the costs of higher education and everything else you have to pay for to earn a degree. The numbers don’t lie. According to…

Nvidia’s chief executive hailed a new era of computing in which “everyone is a programmer”, as the world’s most valuable semiconductor group unveiled a new supercomputer platform to stay at the forefront of the artificial intelligence revolution.Jensen Huang warned in a speech in Taiwan that the traditional tech industry would not keep pace with AI’s advancements, adding that the technology had dramatically lowered the barrier to entry to computer coding.“We have reached the tipping point of a new computing era,” Huang said on Monday, arguing that AI now enabled individuals to create programmes simply by plugging in commands.“Everyone is a…

© Reuters. FILE PHOTO: A street money changer counts South African rand in Harare, May 5, 2016. REUTERS/Philimon Bulawayo/File Photo JOHANNESBURG (Reuters) – South Africa’s central bank has warned of risks to the country’s financial stability, due to capital outflows and the possibility of sanctions following a U.S. diplomat’s accusation of supplying weapons to Russia to aid its campaign in Ukraine. These risks, along with the threat of a grid failure due to repeated power cuts and persistent high inflation, have increased the systemic risks to the financial system, the South African Reserve Bank (SARB) said in its biannual health…

U.S. stocks will be in focus this week after Republicans agreed in principle with the White House to raise the debt ceiling. What does it mean for the U.S. stocks? The said development is a major step forward in preventing a default. Still, the Head of Investments at Generali Insurance Asset Management – Antonio Cavarero does not expect the S&P 500 to unlock a significant upside in response. The scenario of an agreement was by far the centre scenario. Therefore, I would not be expecting a major relief rally. Most part of these good news were already in the prices.…

© Reuters. FILE PHOTO: A man walks beneath electricity pylons during frequent power outages from South African utility Eskom, caused by its ageing coal-fired plants, in Orlando, Soweto, South Africa, January 16, 2023. REUTERS/Siphiwe Sibeko By Kopano Gumbi and Rachel Savage JOHANNESBURG (Reuters) – The outlook for Africa’s debt sustainability remains “cloudy” as low growth and high inflation challenge the stability of many economies across the continent, the World Bank’s Africa chief economist said on Monday. Andrew Dabalen said a form of stagflation taking hold was one of the biggest concerns. Growth is expected to reach 3.1% in 2023, the…

Source: AdobeStock / 24K-ProductionGet your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Legal newsBankrupt crypto lender Genesis Global Capital and crypto exchange Gemini are asking a US court to dismiss a lawsuit by the Securities and Exchange Commission (SEC) alleging the two sold unregistered securities, according to court filings.Investment newsSingapore state investor Temasek Holdings said on Monday it had cut compensation for the team that recommended its investment in the now-bankrupt FTX exchange, as well as for its senior management team, the South China Morning Post reported. The…