Nokia Corporation: Repurchase of own shares on 20.12.2024WEST PALM BEACH, Fla. (AP) — President-elect Donald Trump on Saturday threatened 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar. His threat was directed at countries in the so-called BRIC alliance, which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates. Turkey, Azerbaijan and Malaysia have applied to become members and several other countries have expressed interest in joining. While the U.S. dollar is by far the most-used currency in global business and has survived past challenges to its preeminence, members of the alliance and other developing nations say they are fed up with America’s dominance of the global financial system . The dollar represents roughly 58% of the world’s foreign exchange reserves, according to the IMF and major commodities like oil are still primarily bought and sold using dollars. The dollar's dominance is threatened, however, with BRICS' growing share of GDP and the alliance's intent to trade in non-dollar currencies — a process known as de-dollarization. Trump, in a Truth Social post, said: “We require a commitment from these Countries that they will neither create a new BRICS Currency, nor back any other Currency to replace the mighty U.S. Dollar or, they will face 100% Tariffs, and should expect to say goodbye to selling into the wonderful U.S. Economy." At a summit of BRIC nations in October, Russian President Vladimir Putin accused the U.S. of “weaponizing” the dollar and described it as a “big mistake.” “It’s not us who refuse to use the dollar,” Putin said at the time. “But if they don’t let us work, what can we do? We are forced to search for alternatives.” Russia has specifically pushed for the creation of a new payment system that would offer an alternative to the global bank messaging network, SWIFT, and allow Moscow to dodge Western sanctions and trade with partners. Trump said there is "no chance" BRIC will replace the U.S. dollar in global trade and any country that tries to make that happen "should wave goodbye to America.” Research shows that the U.S. dollar's role as the primary global reserve currency is not threatened in the near future. An Atlantic Council model that assesses the dollar’s place as the primary global reserve currency states the dollar is “secure in the near and medium term” and continues to dominate other currencies. Trump's latest tariff threat comes after he threatened to slap 25% tariffs on everything imported from Mexico and Canada, and an additional 10% tax on goods from China, as a way to force the countries to do more to halt the flow of illegal immigration and drugs into the U.S. He has since held a call with Mexican President Claudia Sheinbaum, who said Thursday she is confident that a tariff war with the United States can be averted. Canadian Prime Minister Justin Trudeau returned home Saturday after meeting Trump, without assurances the president-elect will back away from threatened tariffs on Canada.
Alpha Modus Plans to Close Business Combination With Insight Acquisition Corp. Today and ...The Electronic Privacy Information Center ( ) has urged the Dutch Data Protection Authority to protect students and employees from the harms of emotion recognition. The EU prohibits the development, deployment, and placement of emotion recognition systems in the EU market intended for workplaces and educational institutions, with limited exceptions for certain medical and safety reasons. However, the Dutch data protection agency Autoriteit Persoonsgegevens (AP) opened a consultation requesting feedback on the implementation of this prohibition. The Washington DC-based EPIC has urged AP to define emotion recognition systems broadly and to either allow for no exemptions for its use, or construe the medical and safety exemption narrowly. EPIC’s recommendation is based on the “complete lack of scientific evidence that these systems work,” the organization , and that they “violate” various protections enshrined in the EU Charter of Fundamental Rights and other EU regulations. EPIC regularly advocates for the protection of civil liberties and privacy rights, with focus on biometric surveillance, and has previously complained to the FTC on a . In addition, it has on the harms of emotion recognition, and warned the United States Department of Justice on the . AI-based emotion recognition systems make predictions about an individual’s emotional state based on biometric data such as heart rate, skin moisture, voice tone, gestures or facial expressions. However, the science behind “emotion recognition” can be barely construed as science. This is for the simple reason that inner emotions can be very hard to objectively measure based on a person’s external features. For example, a skilled movie actor can be read as sad or anguished or extremely happy, but it does not mean that they are genuinely experiencing those emotions within themselves. Researchers have found that and that these can also vary substantially across different cultures, situations, and even across people within a single situation. Therefore, “objectively” assessing emotions is a misnomer. Furthermore, such technologies can display discrimination based on race, gender and disability. Australian researcher and lawyer Natalie Shard recently explained in a piece for The Conversation why she believes the Australian government should have specific regulations surrounding the use of such technologies, which can be read . | | | | | | | |
NEW YEAR, NEW LOOK: HYATT CENTRIC SOUTH BEACH MIAMI DEBUTS ELEVATED STYLE AND LUXURYSalman Raja withdraws resignation
PHILADELPHIA, Nov. 23, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating Zuora, Inc. (NYSE: ZUO) (“Zuora”) on behalf of the company’s investors. Additional information: https://kaskelalaw.com/case/zuora/ On October 17, 2024, Zuora announced that it had agreed to be acquired by an investment group led by private equity firm Silver Lake at a price of $10.00 per share in cash. Following the closing of the proposed transaction, Zuora’s current stockholders will be cashed out of their investment position and the company’s shares will no longer be publicly traded. The investigation seeks to determine whether Zuora shareholders are receiving sufficient consideration for their shares, and whether Zuora’s officers and/or directors breached their fiduciary duties or violated the securities laws in agreeing to sell the company at $10.00 per share. Notably, shares of Zuora’s common stock traded above $10.50 per share as recently as May 2024. Zuora shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750 to receive additional information about this investigation and their legal rights and options. Alternatively, investors may submit their information to the firm by clicking on the following link (or by copying and pasting the link into your browser): https://kaskelalaw.com/case/zuora/ Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com . CONTACT: KASKELA LAW LLC D. Seamus Kaskela, Esq. ( skaskela@kaskelalaw.com ) Adrienne Bell, Esq. ( abell@kaskelalaw.com ) 18 Campus Blvd., Suite 100 Newtown Square, PA 19073 (888) 715 – 1740 (484) 229 – 0750 www.kaskelalaw.com This notice may constitute attorney advertising in certain jurisdictions.Homeland Security agent pleads not guilty to drug distribution conspiracy charge
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NC Central 131, Va.-Lynchburg 51
Luigi Mangione’s arrest thrust his family into the spotlight. Who are the Mangiones of Baltimore?PORTLAND, Ore. — San Antonio veteran guard Chris Paul was ejected from the Spurs' game at Portland on Friday night after getting his second technical foul. Paul left the game when he earned his second tech with 1:03 left in the first quarter, just 11 seconds after his first. It was unclear why Paul was tossed. Paul, who was averaging 10.2 points per game and 8.5 assists, had five points, four rebounds and four assists when he was ejected. The Spurs went into the game with just 11 players available. Stephon Castle, averaging 12.1 points, was out for the first time this season because of a bruised left shoulder. Also unavailable were Zach Collins (bruised lower back), Keldon Johnson (left calf strain) and Tre Jones (sprained left shoulder) were also ruled out.
Woman who falsely accused Duke lacrosse players of rape in 2006 publicly admits she liedSkidding No. 10 Kansas hopes to get right vs. NC State