Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Turkey’s central bank lowered its main interest rate for the first time in almost two years, pointing to slower consumer demand and the currency’s strength for a larger-than-expected cut of 250 basis points.Policymakers cut the benchmark rate to 47.5 per cent from 50 per cent in the first reduction since February 2023, when President Recep Tayyip Erdoğan pushed for lower borrowing costs to spur economic growth during his re-election campaign. The cut was bigger than the median forecast of a reduction to…
Author: Team_NationalNewsBrief
Credit: Liberty Films, Public domain, via Wikimedia Commons Amazon Prime cut out a crucial scene in their “abridged” version of the Christmas classic movie It’s a Wonderful Life, leaving viewers both baffled and outraged. Especially viewers who can’t help but notice that the scene was the most heavily Christian-themed in the film. We get producing an “abridged” version for time-saving purposes by cutting out scenes unnecessary to advance the film’s plot. But Prime cut out the entire crux of the story – an explanation of how George Bailey’s guardian angel, Clarence, earns his angel wings. Not to mention, there is…
On Wednesday, December 25, celebrated TV host and culinary expert Rachael Ray offered fans a peek into her 2024 Christmas festivities through an Instagram post, showcasing her impressive holiday dinner spread.Known for her decades-long career in the culinary world, Ray has become a household name thanks to her hit shows like “30 Minute Meals” and “Rachael Ray,” along with her numerous bestselling cookbooks.With her signature blend of approachability and culinary expertise, Rachael Ray has long been admired for her ability to turn simple ingredients into mouth-watering meals–and Christmas Day is no different.Article continues below advertisementRachael Ray’s Delicious Christmas Dinner SpreadInstagram…
Tehran’s foreign ministry spokesman Esmaeil Baqaei lashed out on Thursday against unspecified media reports on Iran “interfering in Syria’s internal affairs” as “baseless”. Iran was committed to “supporting the territorial integrity and national unity of Syria and the formation of an inclusive political system,” he said in a statement. Syria’s new leaders have criticised Iran over its role in Syria over the years. “Iran must respect the will of the Syrian people and the sovereignty and safety of its country,” Syria’s new foreign minister wrote on social media site X on Tuesday. “We warn them against spreading chaos in Syria…
Dhaka says it will probe the botched mutiny, including the role of alleged ‘foreign’ backers.Bangladesh has ordered a commission to investigate a failed 2009 paramilitary mutiny and subsequent crackdown, including the role of alleged “foreign” backers, the inquiry chief said. The mutineers stole thousands of weapons from the headquarters of the Bangladesh Rifles (BDR) paramilitary force before embarking on a killing spree in the barracks in February 2009. The uprising quickly spread, with thousands of soldiers seizing weapons and pledging allegiance to the mutineers. The army crushed the mutiny, leaving 74 dead, including 57 army officials. Hundreds of soldiers were…
Former All-Star pitcher CC Sabathia is on the Baseball Hall of Fame ballot for the first time this season. He has no question about which team he wants to represent if elected.Gary Phillips of the New York Daily News reported that Sabathia “absolutely” intends to represent the New York Yankees. The lefty spent 11 of his 19 major league seasons in pinstripes, making the Yankees the logical choice.Sabathia had a solid career during his 19 years in the majors. A six-time All-Star, he posted a 251-161 record with a 3.74 ERA and a 1.259 WHIP over 3,577.1 innings, striking out…
Opinions expressed by Entrepreneur contributors are their own. Hi, I’m Dima, the founder of PitchBob — an AI idea management tool for corporate innovation. One of the areas I’ve chosen to focus on for product development is corporate innovation because I see significant untapped potential there. In this article, I’d like to share my perspective on the reasons why internal entrepreneurship programs fail and how to fix them.Every corporation holds immense untapped innovation potential within its employees’ knowledge, experience and motivation. While many companies recognize this and implement programs like idea portals, incubators, hackathons and leadership training, these initiatives typically…
Oops! Try that againTetra Images/Alamy An error in a proof underlying a widely used branch of modern mathematics was accidentally discovered by mathematicians while translating old proofs to a computer language. The mistake was swiftly fixed, but mathematicians say that the episode highlights the importance of making maths computer-readable to catch other possible examples. Most modern mathematics resides in research papers and textbooks, and relies on mathematicians checking each other’s work to make sure it is correct. A proof is essentially a social construct – if enough mathematicians are satisfied that the logical steps of a proof are… Source link
Despite General Motor’s decision to shutter its Cruise robotaxi business earlier this month, the U.S. has never been closer to a driverless future. For the autonomous vehicle industry, 2024 will be remembered as the year that at least one major U.S. player — Alphabet-owned Waymo — saw glimmers of mainstream adoption and made strides toward commercial viability.That came after a rocky start for the self-driving car industry domestically. Following a decade of sizable venture investments in AV companies, Uber sold off its self-driving business in 2020 after a fatal collision, and two years later Ford abandoned its stake in its robotaxi developers Argo.AI. In 2023, Cruise paused all of its driverless operations after…
If you search up Hawaii’s Keāhole Point on Google Maps, center it on your screen, and then zoom out until you can see the edges of the globe, one thing will become abundantly clear: The Pacific Ocean is very, very big. In a few months, on this volcanic headland on Hawaii’s Big Island, marine-tech startup Captura will begin pumping as much of the mighty Pacific through its pipes and tanks as it can. The company’s plan is to electrochemically strip carbon dioxide out of the ocean, store or use the CO2, and then return the water to the sea, where…