Wednesday, 28 June 2023

Is the Internet dead? "The Dead Internet Theory"


The internet is ever changing, but over the past couple of years things have started to change. 
The proportion of bots in increasing. 
A theory dubbed “The Dead Internet Theory” that states that most of the internet is in fact AI bots. These bots have been unleashed to control the populous and rake in profits. 
But is it true? And if so, how much of it is true?

Tuesday, 27 June 2023

Michael Milken: The World's Most Evil Billionaire


This deep-dive video explores the infamous Michael Milken Junk Bond scandal. 
From his meteoric rise as the junk bond king and the collapse of Drexel Burnham Lambert, to his pardon by former President Donald Trump, we unravel the complexities behind one of Wall Street's most shocking stories.

Google’s New AI Tool: Anti-Money-Laundering for Banks


Google Cloud has a new artificial-intelligence tool that tackles money laundering for banks. 
But how does this product differ from those already on the market? WSJ reporter Dylan Tokar joins host Julie Chang to discuss.

Monday, 26 June 2023

How Mastercard Plans To Beat Visa


Mastercard is the second largest card network in the U.S., accounting for more than a quarter of all purchase volume using a payment card. 
As the world transitions to a more cashless society, Mastercard’s value has continued to soar. 
Shares of the company have seen nearly 100% gain over the past 5 years, outperforming American Express, Discover and even Visa. 
So how is Mastercard able to generate so much revenue and how does it set itself apart from the rest of its competitors?

Where is Russian President Vladimir Putin? – BBC News


Russian President Vladimir Putin’s whereabouts remain unknown following the short-lived rebellion from the Wagner mercenary group. 
There has been speculation that the Russian leader fled Moscow during the crisis after his presidential jets were tracked leaving the city. 
The US Secretary of State Antony Blinken said the events show the cracks in Mr Putin's authority. 
Yevgeny Prigozhin, the head of the Wagner mercenary group, has left Russia for Belarus after abandoning his advance on Moscow.

Sunday, 25 June 2023

What’s Next for Russia as Wagner Forces Head to Moscow


Wagner paramilitary troops led by chief Yevgeny Prigozhin seized the military headquarters in Rostov, the main logistics hub for Russian forces operating in Ukraine. 
WSJ’s Ann Simmons explains what the actions mean for Russia.

Britain’s Mortgage Crisis!


Rising mortgage payments are squeezing the finances of millions of borrowers in Britain, threatening to undermine household spending and the broader economy. 
The dream of a soft landing that would have the Bank of England squeeze out inflation without condemning the country to a recession looks increasingly remote. 
Inflation has been more stubborn than expected and is forcing the central bank to go with a bigger-than-expected rate hike that took the key rate to 5%. 
What does this mean for British housing affordability?
 
Website Statistics mortgage payment calculator