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Since Donald J. Trump won the presidential election, Elon Musk has gone all in on X to promote the incoming administration. Mr. Musk, who owns X, posted on the platform about politics more than 400 times between Tuesday and Friday, celebrating Mr. Trump’s victory and talking about the causes that the president-elect should take up in office. In reply to a post this week about the platform’s role in driving political conversation, she wrote, “Reporting for duty.”Their comments show how Mr. Musk is increasingly positioning X as the platform behind the new Trump presidency. Since the election was called on Wednesday, Mr. Musk has used X to talk up how bright the future will be under the president-elect. In addition, he has urged X’s users to replace the news media and report on Mr. Trump’s triumphant return to office, and has promoted the platform as a go-to destination for continuing conservative conversation.

Persons: Donald J, Trump, Elon Musk, Musk, ” Linda Yaccarino, ”, Trump’s Organizations: Mr Locations: Mar

☆ An old hedge-fund strategy is taking off again. Why hedge funds from multi-strats to new launches are ramping up their alpha capture efforts.
▼ + stars: | 2024-03-07 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +5 min

Alpha capture strategies take inputs from sources like human traders, market data, sell-side research, and more and then use a systematic process to create a portfolio that is efficiently sized and hedged. CenterBook uses trading data from dozens of external firms to create its portfolios, while Norias will create its book off the ideas of its fundamental analysts. Meanwhile, Man Group is building out an alpha capture team within its AHL unit's special strategies team, a recent job posting states, and Squarepoint is doubling its team, finding external managers for its buy-side alpha capture program. "It is a way for them to increase their capacity and take in more assets," said Kevin Lyons, senior investment manager at Abrdn, about the largest platforms growing their internal alpha capture capabilities. AdvertisementThe alpha capture OGIt can all be tied back to the success of the original mainstream alpha capture strategy: Marshall Wace's TOPS, which stands for Trade Optimized Portfolio System.

Persons: —, Marshall Wace, Doug Haynes, Norias, Basil Qunibi, Squarepoint quant Warren Touwen, Merrill Lynch, Squarepoint, Touwen, Kevin Lyons, Marshall, Anthony Clarke, Cameron Hight, Hight, it's, headhunter Organizations: Service, Business, CenterBook Partners, Research, Investors, AHL, TOPS Locations: Austin, Abrdn, London

☆ Ukraine's economy stabilizes after shock of war
▼ + stars: | 2023-02-27 | by ( Olena Harmash | ) www.reuters.com time to read: +9 min

The economy shrank by a third last year, the largest fall since Ukraine's independence from the Soviet Union in 1991. ArcelorMittal Kryvyi Rih, Ukraine's largest steel mill, said its production was currently at about 25% of pre-war levels amid electricity blackouts. Ukraine's central bank predicts GDP will grow by 0.3% this year, while the economy ministry forecasts 3.2% growth. The agreement saved Ukraine's agriculture, which accounted for about 12% of GDP and some 40% of overall exports before the war. The steel sector, a key pillar of the economy, is among the hardest hit.

☆ Pope Francis again turns screws on use of traditional Latin Mass
▼ + stars: | 2023-02-21 | by ( Philip Pullella | ) www.reuters.com time to read: +2 min

VATICAN CITY, Feb 21 (Reuters) - Pope Francis on Tuesday further tightened the screws on Catholic conservatives over the use of traditional Latin Mass, rebuking bishops who had allowed it to be said in parishes without previous permission from the Vatican. Francis issued a brief but unequivocal decree underscoring sections of a document he issued in 2021, when he overturned liberalising decisions by his two predecessors, who had been more lenient towards the traditional Latin Mass. Some also had closed an eye to the regulation that priests ordained after 2021 needed special permission from the Vatican to say the old-style Latin Mass. Some conservatives in the Church have used the Latin Mass as a battle cry in their general opposition to the reforms of the 1962-1965 Second Vatican Council, which included the introduction of Mass in vernacular languages. Many missed the Latin rites' sense of mystery and awe and the centuries-old sacred music that went with it.

☆ Ucraina. Toți prestatorii de servicii vor trebui să utilizeze doar limba ucraineană, în caz contrar se vor aplica amenzi
▼ + stars: | 2021-01-19 | by ( Diana Severin | ) www.zdg.md time to read: +4 min

Din 16 ianuari, în Ucraina, toți prestatorii de servicii, indiferent de forma de proprietate, sunt obligați să treacă la limba ucraineană. De ce legea a început să funcționeze anume acum? Dar o serie de dispoziții – cum și unde va fi introdusă limba ucraineană în diferite domenii – intră în vigoare treptat, unele abia în 2030. Dacă clientul cere să i se vorbească într-o altă limbă, atunci acest lucru va fi posibil cu acordul ambelor părți. Rada Supremă a Ucrainei a adoptat Legea „Asigurarea funcționării limbii ucrainene ca limbă de stat”Ce cred despre acest lucru prestatorii de servicii?

Persons: Rada, Ekaterina, Vadim, Taras Kremin, Maksim, Cremin Organizations: Radei Supreme a, Novus, Partidului Locations: Ucraina, Radei Supreme a Ucrainei, Kiev, Ucrainei

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