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The nine graphs with which the World Bank summarizes what was experienced in 2023

The nine graphs with which the World Bank summarizes what was experienced in 2023

The World Bank, through an extensive document published on its website, revealed the results of an analysis exercise they carried out to define how we live this year that is just days away from ending. The international entity begins this report with a forceful phrase: “If 2022 was a year of uncertainties, 2023 is the ...

The metropolitan areas in the world that are inhabited by the most millionaires

The metropolitan areas in the world that are inhabited by the most millionaires

“God raises them and they come together,” says a popular saying of Castilian origin; and although parenting cannot be easily defined, the truth is that millionaires are concentrated in critical sectors around the world. Taking into account the World’s Richest Cities Report 2023 by Henley and Partners, we highlight the metropolitan areas globally where high ...

Sales of new homes in the United States fall to their lowest levels in a year

Sales of new homes in the United States fall to their lowest levels in a year

U.S. new home sales unexpectedly fell in November, driven by a sharp decline in the South and suggesting a bumpy road to housing market recovery. Purchases of new single-family homes decreased 12.2% at an annual rate of 590,000 last month, a one-year low, government figures showed on Friday. The median forecast in a Bloomberg survey ...

US LNG Ships En route to Asia Take Longer Routes, Avoid Red Sea

US LNG Ships En route to Asia Take Longer Routes, Avoid Red Sea

Recently loaded liquefied natural gas shipments from the U.S. bound for Asia are changing course for longer voyages lasting more than a month while avoiding the Red Sea, according to ship tracking data on Bloomberg. The detours highlight a change in the global trade flows after Houthi attacks on the crucial waterway forced hundreds of ...

Restrictions in India will reduce food exports by US$4 billion

Restrictions in India will reduce food exports by US$4 billion

India’s exports face a decline of between $4 billion and $5 billion this year after the restrictions imposed on wheat, rice and sugar tradesaid a person familiar with the matter on Thursday, adding that the Red Sea attacks could also affect shipments of basmati rice. India, the world’s second largest producer of wheat, rice and ...

US weekly jobless claims rose slightly

US weekly jobless claims rose slightly

The number of Americans filing new claims for unemployment benefits rose slightly last week, suggesting underlying strength in the economy at the end of the year. The number of initial claims for state unemployment benefits increased by 2,000 to a seasonally adjusted 205,000 in the week ended Dec. 16, the Labor Department reported Thursday. Economists ...

AI cannot obtain patents for creations, says a Court ruling

AI cannot obtain patents for creations, says a Court ruling

An American computer scientist on Wednesday lost his bid to register patents on inventions created by his artificial intelligence (AI) system, in a landmark case in the United Kingdom over whether AI can hold patent rights. Stephen Thaler wanted to be granted two UK patents on inventions which he claimed were devised by his “creativity ...

Due to a patent problem, new Apple watches would pause their sales

Due to a patent problem, new Apple watches would pause their sales

Manzana announced Monday that it will suspend sales of its Series 9 and Ultra 2 smartwatches in the United States starting this week, while it resolves patent litigation over the technology that enables blood oxygen sensor functionality in the devices. The measure comes after the United States International Trade Commission (ITC) issued an order in ...