HSBC, Europe’s largest bank, announced on 26 June it will leave its self-named Canary Wharf headquarters and move its 8,000 staff members to smaller digs in “The City,” the London district equivalent to New York’s Wall Street.
Author: admin (Kendrick Williams)
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MORE THAN 63 PERCENT OF NIGERIANS ARE “MULTIDIMENSIONALLY POOR,” STUDY SAYS
About 133 million people living in Nigeria—roughly 63 percent of the population—are “multidimensionally poor,” meaning they lack adequate food, sanitation, and health care, the country’s National Bureau of Statistics reported.
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JAPAN’S ECONOMY EXPANDS MORE THAN PREDICTED, BUT…
Japan’s troubled economy grew at an annual pace of 2.7 percent during this year’s first quarter, according to revised government figures. The initial estimate was 1.6 percent.
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CHIEFS OF FEDERAL RESERVE, BANK OF ENGLAND REMAIN INTEREST RATE HAWKS
Jerome Powell, chair of the U.S. Federal Reserve, and Bank of England governor Andrew Bailey both signaled that they expect, and support, moves by their banks to continue raising interest rates.
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WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s plain and simple. Across the globe, as we note in this and previous Trends Journals, there are more and more forecasts for rising interest rates and more fears of recession. Thus, the deeper economies around the world fall, the more jobs will be cut.
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BLOCKCHAIN BATTLES
Bitcoin ordinals, or the ability to create BRC tokens comparable in at least some ways to Ethereum tokenizing abilities, hit a new development twist as of 20 June.
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CRYPTO ADOPTION CONTINUES TO RISE IN DEVELOPING REGIONS AND CUTTING EDGE TECH HUBS
As The Trends Journal has been forecasting and chronicling crypto adoption is happening most rapidly in emerging markets and regions that are either (1) generally friendly to tech innovation, and / or (2) areas where governments and financial systems are most badly failing their citizens.
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A WHOLE NEW WAY FOR COMPUTERS TO REMEMBER
Silicon-based computer chips remember things by storing each bit of data as a 1 or a 0 and putting the pieces in different places. Shuttling those data bits back and forth and collating them together takes time and energy.
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NEW PROCESS PULLS STRAY LITHIUM FROM OIL AND GAS WELLS
It’s ironic: in a world running short of the lithium needed to ease the world past the oil age, oil and gas wells can help make up that shortage.
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ROBOT LEARNS TO DO YOUR CHORES BY WATCHING HOW-TO VIDEOS
At Carnegie Mellon University, engineers are teaching robots to handle routine household chores by showing them how-to videos.