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Meanwhile, there is growing excitement that the U.S. Securities and Exchange Commission will approve the first ever bitcoin ETF, after years of opposition. With all of this excitement comes some quite bold predictions about bitcoin's price. "No rationale for that prediction," Mobius said, except that a bitcoin ETF looks likely and "that has heightened interest" in the cryptocurrency. Yang attributes the anticipated price rise to a bitcoin ETF being approved, leading to higher institutional investment in bitcoin, as well as May 2024's bitcoin halving, which would result in the bitcoin supply being constrained. Alexander told CNBC that during the first quarter of 2024, bitcoin will trade within the $40,000 to $55,000 range, owing to "professional traders creating volatility."
Persons: Filip Radwanski, Bitcoin, bitcoin, FTX, Sam Bankman, Fried, Binance's Changpeng Zhao, Mark Mobius, Mobius, Yang, Luna, James Butterfill, Butterfill, Antoni Trenchev, Trenchev, Carol Alexander, Alexander, Coinbase, Matrixport Organizations: Getty, CNBC, Department of Justice, U.S, U.S . Securities, Exchange, Chartered, University of Sussex, Exchange Commission, SEC, Fidelity, Blackrock, Federal Reserve Locations: U.S, bitcoin, Blackrock
[1/3] Richard Teng, head of the Middle East and North Africa for crypto firm Binance gestures as he speaks during an interview with Reuters in Dubai, United Arab Emirates, March 30, 2022. Teng faces an especially tough task in transforming the culture of Binance, four of the people said. Still, leading a cultural shift at Binance - a firm shaped by Zhao in his own image - would be "hugely difficult," she said. For years it dominated the crypto market, but this year has rapidly lost market share. Last month it controlled 32% of crypto spot and 50% of derivatives trading, according to crypto firm CCData, down from 55% and 62% respectively in January.
Persons: Richard Teng, Abdel Hadi Ramahi, Teng, Changpeng Zhao, Janet Yellen, Binance, Carol Alexander, Zhao, Yi He, Binance's, Simon Matthews, Richard, Matthews, FinCEN, John Reed Stark, Rajeev Bamra, OKX, Joseph Edwards, Tom Wilson, Elizabeth Howcroft, Elisa Martinuzzi, Louise Heavens Organizations: Reuters, United Arab Emirates, REUTERS, U.S . Securities, Exchange Commission, SEC, U.S, Treasury, University of Sussex, Investors, Treasury's, Internet Enforcement, Singapore, Abu, Abu Dhabi Global, Singapore Exchange, Moody's Investors Service, Securities, Thomson Locations: East, North Africa, Dubai, United Arab, U.S, Abu Dhabi, France, Seychelles, London
Binance situation is 'very different' to FTX, academic says
  + stars: | 2023-11-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBinance situation is 'very different' to FTX, academic saysCarol Alexander, professor of finance at the University of Sussex Business School, discusses Binance's $4 billion settlement with the U.S. Department of Justice, along with the company CEO's decision to step down.
Persons: Carol Alexander Organizations: University of Sussex Business School, U.S . Department of Justice
It has taken in more than a million refugees from its close ally Ukraine since the start of the war, with many more millions passing through it. Its relations with Ukraine have soured in recent months, partly because of a dispute over the impact of Ukrainian grain imports on local farmers. Tian also expects the result to "reposition Poland as a staunch supporter of Ukraine" and for Tusk to push for EU accession for Ukraine. "The big thing to bear in mind when looking at Poland and Ukraine is they have an overarching strategic common interest [challenging Russian aggression], and this supersedes everything. So it will be difficult to restore relations to how they were in the first 18 months of the war, regardless of what Poland does."
Persons: Donald Tusk, Donald Tusk —, , Jaroslaw Kaczynski, Tusk, Tian, Aleks Szczerbiak, Szczerbiak Organizations: Civic, Getty, EU, Justice, CNBC, NATO, World Trade Organization, Law, Nurphoto, European, Economist Intelligence Unit, University of Sussex, Confederation, Soviet, Russia Locations: Warsaw, Moscow, Ukraine, Europe, Russia, China, India, Poland, Warsaw's, Krakow, Central Europe, Hungary, Slovakia, Berlin
BEIJING, Sept 22 (Reuters) - A leading activist in China's #MeToo movement went on trial for subversion on Friday, according to several diplomats and a spokesperson for a campaign group calling for her release. The day before her arrest, Huang had been scheduled to fly to Britain to begin a master's degree at the University of Sussex on a British government-funded scholarship, the campaign group spokesperson said. Huang, an independent journalist who covered Chinese #MeToo allegations and the 2019 Hong Kong anti-government protests, had been detained by Chinese police for three months in late 2019. The campaign group spokesperson said the charges of sedition against her and Wang were based on the gatherings the two activists often held for Chinese youth during which they discussed social issues. The police did not respond to a faxed request to comment on the allegations made by the campaign spokesperson.
Persons: Huang Xueqin, Wang Jianbing, Huang, Wang, Laurie Chen, Miral Organizations: People's, University of Sussex, Police, British Foreign Office, Hong, Thomson Locations: BEIJING, China's, Guangzhou, United States, Britain, Germany, France, Netherlands, Beijing, Hong Kong
[1/2] South Korean President Yoon Suk-yeol attends the ASEAN-South Korea Summit at the Association of the Southeast Asian Nations (ASEAN) Summit in Jakarta, Indonesia, September 6, 2023. In South Korea, the label of communist carries higher stakes than in many Western democracies with the ongoing threat from ostensibly communist North Korea and Cold War-era laws that effectively ban activities deemed related to communism. “There is a legitimacy problem for Yoon in the sense that the gap between popular opinion in South Korea and what is being pursued internationally is increasing," Gray said. In a speech earlier this month, Yoon said South Korea's freedom is "under constant threat" from "communist totalitarian and anti-state forces" who are critical of South Korea's deepening ties with the U.S. and Japan. "The president keeps emphasizing the threat from communist forces which don't exist," a spokesperson for the Democratic Party said at a briefing last week.
Persons: Yoon Suk, yeol, Tatan, Yoon's, Yoon, Kevin Gray, Gray, Andrew Yeo, Yeo, Benjamin Engel, Engel, Rhee Jong, " Rhee, Rhee, Hyunsu Yim, Josh Smith, Lincoln Organizations: South, ASEAN, South Korea Summit, Association of, Southeast Asian Nations, Rights, U.S, University of Sussex, Liberation, Democratic Party, Gallup, Brookings Institution, Korean Confederation of Trade Unions, National Security, Seoul National University, Thomson Locations: South Korean, Jakarta, Indonesia, Rights SEOUL, South Korea, North Korea, Japan, Tokyo, Seoul
"He has decided to take an approach not of trying to convince people but to label the opposition as being somehow an anti-state, communist totalitarian force." In a speech earlier this month, Yoon said South Korea's freedom is "under constant threat" from "communist totalitarian and anti-state forces" who are critical of South Korea's deepening ties with the U.S. and Japan. "The president keeps emphasizing the threat from communist forces which don't exist," a spokesperson for the Democratic Party said at a briefing last week. The presidential office declined to comment on Yoon's description of critics of his policies as "communists". Given his low approval ratings, analysts say labelling his opponents as communists may still be useful for Yoon to hold onto his party's conservative base.
Persons: Hyunsu Yim, Yoon Suk, Yoon's, Yoon, Kevin Gray, Gray, Andrew Yeo, Yeo, Benjamin Engel, Engel, Rhee Jong, " Rhee, Rhee, Lincoln Organizations: U.S, University of Sussex, Liberation, Democratic Party, Gallup, Brookings Institution, Korean Confederation of Trade Unions, National Security, Seoul National University Locations: Hyunsu Yim SEOUL, South Korea, North Korea, Japan, Tokyo, Seoul
Independent journalist and #MeToo activist Huang Xueqin and labor rights activist Wang Jianbing were detained by authorities in the southern city of Guangzhou in September 2021. Rights advocates say Huang and Wang are unlikely to receive a fair trial in a judicial system controlled by the party with a conviction rate above 99.9%. Wang Jianbing, a labor rights activist, was detained along with #MeToo activist Huang Xueqin in September 2021. #FreeXueBing/AP/FILE‘Isolated atoms’A close friend of Huang told CNN the journalist had suffered significant weight loss in detention and stopped menstruating for months. In the months following their detention, more than 70 friends and supporters of Huang and Wang were summoned by the police for questioning, according to supporters.
Persons: Huang Xueqin, Wang Jianbing, Huang, Wang, , William Nee, “ Huang, ” Nee, menstruating, Huang’s, , , it’s, , Sarah Brooks Organizations: Hong Kong CNN, Communist, People’s, CNN, Rights, Human, Guangzhou Public Security, University of Sussex, Authorities, Human Rights, Amnesty Locations: China, Hong Kong, Guangzhou, United Kingdom,
Kacper Pempel/ReutersPolish military vehicles are seen during a Saturday rehearsal for this week's parade in Warsaw. “Nobody is going to say that military security is not an important issue and that we shouldn’t be strengthening the military. With the UK out of the European Union and Germany still hesitant to take on a leadership role on Ukraine, Poland has sensed its opportunity. In November, two people were killed in eastern Poland, about four miles (6.4 kilometers) west of the Ukrainian border, by a Ukrainian missile defending against incoming Russian fire. Belarusian President Alexander Lukashenko asked the group to help train his country’s military, and earlier this month the two forces held joint training exercises near the Polish border.
Persons: Russian Wagner, Kacper Pempel, Pawel Supernak, ” Edward Arnold, Arnold, Aleks, , Jamie Shea, Putin, ” Arnold, ” Shea, Abrams, , Dominika, Wagner, Alexander Lukashenko, Mariusz Blaszczak, Lukashenko Organizations: CNN, NATO, Poland’s Defense Ministry, Polish, Russia’s, Abrams, University of Sussex, University of Exeter, Chatham House, Eastern Europe …, European Union, Ukraine, United Nations, , Polish Army, Getty, Kremlin . Locations: Poland, Belarus, Korean, Crimea, Ukraine, Russian, Kaliningrad, Warsaw, Russia, Polish, Soviet, North Korea, Iran, Communist Poland, England, East, Afghanistan, Central, Eastern Europe, Germany, France, Washington, Ukraine Poland, South Korea, Italy, Polanka Wielka, Ukrainian, Minsk
“Since 2011, the European Union has been supporting Tunisia’s journey of democracy,” said European Commission President Ursula von der Leyen after signing the agreement. But these difficulties can be overcome.”Several European lawmakers and human rights organizations have warned that any agreement that doesn’t include human rights assurances would be seen as an endorsement of Saied’s anti-democratic policies. Values lose.”Saied rose to power in 2019 after the death of Tunisia’s first democratically elected president Beji Caid Essebsi. The EU is cooperating with Tunisia on migration despite serious allegations of human rights abuses against migrants on Tunisia’s part. It brokered a similar agreement with Libya in 2017 despite documented human rights violations there.
Persons: Kais Saied, , Ursula von der Leyen, Sophie, Veld, ” Camille Le Coz, Tunisia’s, Beji Caid, Saied, von der Leyen, Georgia Meloni, Mark Rutte, Tunisia “, ” Max Gallien, ” Le Coz, ’ Gallien, Gallien Organizations: CNN, European Union, Civil Liberties, Justice, Home Affairs, Migration, Dutch, European Commission, EU, UN Refugee Agency, UN, Institute of Development Studies, University of Sussex, European Council, Commission, Libya Locations: Tunisia, Europe, , Brussels, Italian, Tunis, Italy, Hungary, Poland, Netherlands, France, Germany, EU, Africa, Libya
Reuters reported last month that the cancer research arm of the World Health Organization (WHO), known as the International Agency for Research on Cancer (IARC), was set to make that declaration on July 14, according to two sources with knowledge of the process. The designation as "possibly carcinogenic to humans" will provide an incentive to fund more rigorous research into the safety question, toxicology and cancer experts say. "We have been pushing for an IARC review for many years now." But no action was taken until 2022, after aspartame was again nominated for review by CSPI and Melnick in 2019. The research body has said "new evidence" prompted its aspartame review, without giving any details.
Persons: Andy Smith, Smith, Coke, Peter Lurie, Lurie, James Huff, Ron Melnick, CSPI, There's, Samuel Cohen, Erik Millstone, Millstone, Jennifer Rigby, Michele Gershberg, Catherine Evans Organizations: Reuters, World Health Organization, WHO, International Agency for Research, Cancer, MRC, Unit, University of Cambridge, Cola's, Regulators, for Science, Joint Food and Agriculture Organization, U.S . National Institutes of Health, University of Nebraska Medical Center, University of Paris, Britain's University of Sussex, Thomson Locations: United States, U.S, France
Two writers are suing OpenAI, accusing the company of ingesting their books to train ChatGPT. A law professor anticipates more lawsuits involving copyright law and generative AI in the future. Two award-winning authors recently sued OpenAI, accusing the generative-AI bastion of violating copyright law by using their published books to train ChatGPT without their consent. The suit is the latest example of tension between creatives and generative AI tools capable of producing text and images in seconds. Daniel Gervais, a law professor at Vanderbilt University, told Insider that the writers' lawsuit is one of a handful of copyright cases against generative AI tools nationwide.
Persons: OpenAI, Mona Awad, Paul Tremblay, Daniel Gervais, Gervais, Awad, Andres Guadamuz, Guadamuz, Tremblay Organizations: Morning, Vanderbilt University, University of Sussex, Guardian, Big Tech Locations: US, Northern California
Thin liquidity and big playersCrypto "market depth" has been sitting at very low levels this year. Market depth is a measure of liquidity in a market. According to data firm Kaiko, bitcoin's market depth has fallen 20% since the start of this year. Low liquidity, which has been a feature of the crypto market all year, is also partly behind bitcoin's 80% year-to-date rally. "I think trading volumes and price volatility are two of the most telling indicators of crypto market activity.
Persons: Andriy Onufriyenko, Bitcoin, Kaiko, Jamie Sly, Sly, bitcoin, Clara Medalie, Morgan Stanley, Goldman Sachs, Carol Alexander, Alexander, you've, Vijay Ayyar, Ayyar, CCData's Sly Organizations: BlackRock, CNBC, BTC, Securities, Exchange Commission, Retail, University of Sussex, Citadel, Fidelity Locations: U.S, CoinGecko, Invesco, Blackrock
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. SEC may not succeed in lawsuits against Binance and Ripple, says professorCarol Alexander, professor at the University of Sussex, weighs in on the U.S. Securities and Exchange Commission's lawsuits against crypto heavyweights, and the outlook for cryptocurrency regulation.
Persons: Carol Alexander Organizations: U.S, SEC, University of Sussex, U.S . Securities, Exchange
A clear sign that Poland was still a key ally – despite accusations that its government is undermining democracy and the rule of law. Law and Justice has so far struggled to take a decisive lead over the opposition Civic Platform grouping. Then on Wednesday, the European Commission announced it was suing Poland over a new law that sets up a special commission tasked with investigating Russian influence in Polish politics. The Commission said the law violates the principle of democracy and could be used to silence opposition. Law and Justice has justified the law by saying the dependence on Russian gas has hurt Poland’s interests.
Persons: Joe Biden, , it’s, ” Aleks, Biden, , Agnieszka Kubal, , Donald Tusk, Tusk, Andrzej Duda, ” Kubal, Szczerbiak, you’re Organizations: CNN, NATO, Russia, University of Sussex, Law, Justice, of Slavonic, East European Studies, University College London, Ukrainian, European Commission, US State Department, Gazprom, EU Locations: Poland, Ukraine, Warsaw, United States, Germany, Russia
New research found that seagulls mimic human food choices, which is why they steal your food. Research by the University of Sussex found gulls studied human behavior and applied the knowledge. But new research suggests that it is a sign of intelligence after scientists at a British university found that the birds mimic human food choices. He added that "gulls may be less likely to steal our food if we focus on reducing litter. That's because littering increases gulls' ability to learn about how our different food options and how they taste."
Persons: , beachgoers, Paul Graham, Graham Organizations: Research, University of Sussex, Service Locations: British, England, Brighton
Finding a job right now isn't only tough, it's deeply weird. On a macro level, ghost-job postings contribute to a skewed sense of how many opportunities are really out there for US job seekers right now. Job platforms — including LinkedIn, ZipRecruiter, Indeed, and Monster — also use language-processing AI tools to filter applicants. And now, generative AI tools like ChatGPT are contributing to job loss. Suddenly, knowing how to work with AI tools and resources is an important edge for job seekers to have.
Why job searches suck right now
  + stars: | 2023-05-22 | by ( Adrienne Matei | ) www.businessinsider.com   time to read: +13 min
Finding a job right now isn't only tough, it's deeply weird. Individually, ghost-job postings can erode both trust in the job market and the morale of job seekers who are applying to hundreds of positions and never hearing back. On a macro level, ghost-job postings contribute to a skewed sense of how many opportunities are really out there for US job seekers right now. Job platforms — including LinkedIn, ZipRecruiter, Indeed, and Monster — also use language-processing AI tools to filter applicants. Suddenly, knowing how to work with AI tools and resources is an important edge for job seekers to have.
Harry's spokesperson said that on Tuesday night after leaving an awards ceremony where Meghan had been honoured, Harry, Meghan and her mother were subjected to a two-hour car chase involving "highly aggressive" paparazzi photographers which had put their lives at danger. Harry and Meghan are frauds." The royal family, as is customary, have stayed silent on the incident, but outside Buckingham Palace as across Britain, the public view was mixed. "I can't believe a two-hour car chase in New York. The couple's representatives say Harry and Meghan expect attention and to be photographed at public events, and so had made a very public entrance and exit on Tuesday.
Every two minutes or so, all over the world, someone asks someone else for a small favor. But what happens in those rare instances when someone declines to do a favor? Even when humans decline a request for a favor, they almost never say the word no out loud. Now, maybe that's true, and if they keep doing it, pretty quickly you won't be that person's friend anymore." "When our responses to crises work well, we're doing things like evoking a specific social identity.
It delivers “long-lasting solutions” that will work for the people and businesses of Northern Ireland, she added. It also allows the UK government to determine sales tax rates for businesses in Northern Ireland and gives the Northern Ireland government emergency powers to oppose new EU rules on some goods. A boost to BritainBeyond its importance to Northern Ireland, the deal eases the uncertainty Brexit created for Britain. The new Northern Ireland deal opens the door to closer UK-EU cooperation on financial services, energy, immigration and scientific research, according to experts. “You need to address the Protocol before you do anything else,” said Anna Jerzewska, the founder of international trade consultancy Trade & Borders.
"The most important macro data investors are focussing on is the weak services PMI and the trending down of employment and wage data. 'Whales' buying BTCLarger purchasers of digital coins known as "whales" may be leading the latest rally in bitcoin, according to Kaiko. Several bitcoin miners have been flushed out by the drop in prices. Bitcoin miners, who use power-intensive machines to verify transactions and mint new tokens, have been squeezed by the slump in prices and rising energy costs. That's historically a good sign for bitcoin, according to Ayyar.
Brexit has cracked Britain’s economic foundations
  + stars: | 2022-12-24 | by ( Hanna Ziady | ) edition.cnn.com   time to read: +10 min
Brexit has erected trade barriers for UK businesses and foreign companies that used Britain as a European base. While Brexit isn’t the cause of Britain’s cost-of-living crisis, it has made the problem more difficult to solve. The Brexit deal, known as the Trade and Cooperation Agreement, came into effect on January 1, 2021. The deal is “the world’s largest zero tariff, zero quota free trade deal,” the spokesperson added. The Organization for Economic Cooperation and Development expects the UK economy to shrink by 0.4%, ahead only of sanctioned Russia.
Barbara Skrobol at the grave of her sister in law, Izabela Sajbor, in southern Poland last month. Under communism, Poland had been a destination for women seeking abortions from more conservative Western European countries where it had been illegal. The ruling worked: Almost overnight, the number of legal abortions in Poland decreased by 90%, according to abortion rights advocacy groups. Mo Abbas / NBC NewsLike women living in anti-abortion U.S. states, Poles can travel to seek an abortion. Beneath her sister-in-law’s name on her headstone, the family has etched the words “Not One More” — a slogan that’s been widely used by protesters and Poland’s abortion rights movement.
And Wagner’s beloved fireflies – like so many insects worldwide – have largely vanished in what scientists are calling the global Insect Apocalypse. “Insects are the food that make all the birds and make all the fish,” said Wagner, who works at the University of Connecticut. Humans, too, see some 2,000 species of insects as food. “We’d see yields dropping of all of these crops.”And in nature, about 80% of wild plants rely on insects for pollination. WINNERS AND LOSERSWhile the situation is bleak for insects at large, a few types of insects are thriving.
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