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Tag: World Bank

Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil

Chips, China, and a Lot of Money: The Factors Driving the DeepSeek AI Turmoil Why is DeepSeek causing global technology shockwaves? Matt Sheehan: DeepSeek is a Chinese AI startup that recently released a series of very impressive generative AI models. One of those models, DeepSeek R1, is a “reasoning model” that takes its time to think through an extended chain of logic before it gives an answer....

Market Thoughts – Subdued Start To Holiday-Shortened Week

Market Thoughts – Subdued Start To Holiday-Shortened Week Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone DIGEST – Markets started the week in subdued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are in focus. ued fashion yesterday, with US participants away for Presidents’ Day. Today, UK jobs, German sentiment, and Canadian inflation figures are...
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Accelerated Economic Growth Anticipated for Kosovo in 2024

Accelerated Economic Growth Anticipated for Kosovo in 2024 The World Bank: After slowing down in 2023, economic growth in the Western Balkans is expected to...

World Bank says high rates threaten some countries

The World Bank's chief economist warned Wednesday that interest rate hikes could spell trouble for countries struggling to deal with debt. The US Federal Reserve,...

Children Bearing Brunt of Stalled Progress on Extreme Poverty Reduction

Children Bearing Brunt of Stalled Progress on Extreme Poverty Reduction An estimated 333 million children globally – or 1 in 6 – live in extreme...

The World Bank Strengthens its Support to the Education Sector in Morocco

The World Bank Strengthens its Support to the Education Sector in Morocco The World Bank approved US$250 million in additional financing for the Education Support...

Urgent Action Needed in South Asia to Curb Deadly Air Pollution

Urgent Action Needed in South Asia to Curb Deadly Air Pollution South Asia is home to 9 of the world’s 10 cities with the worst...

Blue Economy Offers Opportunities for Sustainable Growth in Tunisia

Blue Economy Offers Opportunities for Sustainable Growth in Tunisia With support from the World Bank, in June 2022, Tunisia launched its first report on the...

11 banks face capital shortfall despite deferral provisioning facility

11 banks face capital shortfall despite deferral provisioning facility Eleven banks have failed to meet the minimum capital requirement despite the central bank’s deferral facility...

Launch New Multi-donor Trust Fund to Help Countries Prepare for Disease Outbreaks

Launch New Multi-donor Trust Fund to Help Countries Prepare for Disease Outbreaks Given the urgency for stronger global health security and the need to help...

In the Face of Coronavirus, African Countries Apply Lessons from Ebola Response

In the Face of Coronavirus, African Countries Apply Lessons from Ebola Response COVID-19 (coronavirus) has arrived in Sub-Saharan Africa, and governments have stepped up measures...

Latest news about International Debt Statistics 2020

Latest news about International Debt Statistics 2020 Total external debt of low- and middle-income countries climbed 5.3 percent to $7.8 trillion last year, while net...