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☆ Why Hong Kong can’t cut loose from the US dollar just yet
▼ + stars: | 2023-06-13 | by ( Laura He | ) edition.cnn.com time to read: +11 min

Hong Kong CNN —Hong Kong’s currency is facing its biggest test since the global financial crisis of 2008. The steep fall is a sign that investors are ditching the Hong Kong dollar. The Hong Kong Monetary Authority (HKMA) is committed to keeping the Hong Kong dollar between 7.75 and 7.85 per greenback. People walk past the Hong Kong Monetary Authority (HKMA) on May 4, 2023, in Hong Kong, China. “Pegging the Hong Kong dollar to the US dollar encourages such transactions to be carried out in Hong Kong and under Hong Kong law, even if neither party is based in Hong Kong.”This helps to create jobs and prosperity in Hong Kong, while also benefiting mainland China.

Persons: Hong, hasn’t, Andy Xie, ” Logan Wright, Bill Ackman’s, Ackman, Wright, Peter Parks, Kong, Deng Xiaoping, Margaret Thatcher, outflows, Chi Lo, Chen Yongnuo, Hong Kong’s, ”, Richard Cookson ,, Boaz Weinstein, Daniel Fung, Rhodium’s Wright, Xie, Eddie Yue, Banks, John Greenwood, “, Greenwood, ” Greenwood Organizations: Hong Kong CNN, British, Hong, Traders, Hong Kong, Bill Ackman’s Pershing, Capital Management, Getty, Lehman Brothers, Hong Kong Monetary Authority, US Federal Reserve, Asia Pacific, BNP, Asset Management, Fed, China News Service, Rubicon Fund Management, Bloomberg, Saba Capital Management, National Security Law, CNN Locations: Hong Kong, United States, China, Hong, Beijing, AFP, Britain, “, ”, Riding

☆ Fact Check-Images of eggs hanging from trees are AI-generated
▼ + stars: | 2023-05-05 | by ( Reuters Fact Check | ) www.reuters.com time to read: +1 min

AI-generated images of eggs hanging from trees have confused users on social media, with some saying they show white mangoes. A spokesperson for Microsoft said the images were created on Bing’s Image Creator. A watermark showing Microsoft Bing’s logo is visible on the bottom left of the images. A spokesperson for Microsoft told Reuters in an email that these images were user-created using Bing Image Creator. Images of eggs hanging from tree branches are AI-generated.

WASHINGTON — Senate Minority Leader Mitch McConnell was re-elected as Republican leader on Wednesday, defeating a challenge from Sen. Rick Scott of Florida that reflects growing angst within the party after it underperformed in the midterm elections. It is the most serious challenge McConnell has faced for his position after leading the Republican caucus for 15 years. “I welcome the contest.”McConnell is now on track to become the longest-serving Senate caucus leader in history. “That option is represented by Rick Scott currently.”Scott's challenge has rankled some in the Republican caucus, who attribute the 2022 defeats to his handling of the NRSC. “Rick Scott must really love to lose,” griped one Senate GOP aide.

☆ Igor Dodon: I voted for Moldova’s independence and statehood
▼ + stars: | 2020-11-15 | by ( ) www.ipn.md time to read: +2 min

Igor Dodon: I voted for Moldova’s independence and statehood“I voted for the independence and statehood of the Republic of Moldova. I believe in the future of the Republic of Moldova. I voted for peace and interethnic harmony. Igor Dodon said he voted for social equity, economic development, balance in the foreign relations. He voted for friendship with the European Union and the Russian Federation, for friendship with Romania and Ukraine, for the memory of those who guarded this country, for the traditional, Christian values.

Persons: Igor Dodon, “, ”, Galina Dodon Organizations: Party of Socialists, European Union, Russian Federation Locations: Republic of Moldova, Romania, Ukraine, Germany, Stuttgart, Frankfurt, Transnistria, Moldova

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