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Israel's military said it was preparing for «unrelenting attacks» to dismantle Hamas while former U.S. President Barack Obama warned that «any Israeli military strategy that ignores the human costs could ultimately backfire.» The Palestinian health ministry said the Gaza death toll in two weeks of air strikes had topped 5,000. Israel pounded hundreds of targets in Gaza from the air on Monday as its soldiers fought Hamas militants during raids into the besieged Palestinian strip where civilians are trapped in harrowing conditions.

supply chains on China. The Niti Aayog has been tasked with drawing up the strategy, which will focus on bridging the country's trade deficit with its neighbour over time and suggest measures to secure supply chains from risks stemming from geopolitical developments. Near-shoring, friend-shoring and localisation have gained traction globally post-Covid, with many countries looking to de-risk supply chains and reduce sourcing ties with China. The Aayog will firm up its action plan recommending policy interventions needed in the form of tariff and non-tariff barriers as well as changes to the regulatory framework, said a senior government official with knowledge of the matter. Focused Intervention As part of the exercise, the Niti Aayog will rope in a consultancy firm to review India-China trade, with its report expected in six months.

It’s been 17 days since Hamas launched its horrific attack against Israel, killing over 1,400 Israeli citizens, including defenseless women, children and the elderly. In the aftermath of such unspeakable brutality, the U.S. government and the American people have shared in the grief of families, prayed for the return of loved ones, and rightly declared solidarity with the Israeli people. As I stated in an earlier post, Israel has a right to defend its citizens against such wanton violence, and I fully support President Biden’s call for the United States to support our long-time ally in going after Hamas, dismantling its military capabilities, and facilitating the safe return of hundreds of hostages to their families. But even as we support Israel, we should also be clear that how Israel prosecutes this fight against Hamas matters. In particular, it matters — as President Biden has repeatedly emphasized — that Israel’s military strategy abides by international law, including those laws that seek to avoid, to every extent possible, the death or suffering of civilian populations. Upholding these values is important for its own sake — because it is morally just and reflects our belief in the inherent value of every human life. Upholding these values is also vital for building alliances and shaping international opinion — all of which are critical for Israel’s long-term security. This is an enormously difficult task. War is always tragic, and even the most carefully planned military operations often put civilians at risk. As President Biden noted during his recent visit to Israel, America itself has at times fallen short of our higher values when engaged in war, and in the aftermath of 9/11, the U.S. government wasn’t

Ares Management is beefing up its local credit business with a key hire.

Get ready, advisors! Goldman Sachs is stepping back into the RIA space.  

It wasn’t until Thomas Kopelman left the constraints of a traditional broker-dealer that he was able to unleash the full potential of his social media strategy.   

Patricia, a Nigerian crypto exchange, is embarking on a significant debt restructuring initiative, offering customers the option to convert owed funds into Patricia shares.

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Coinbase's Chief Legal Officer, Paul Grewal, recently shed light on how their Engineering team is harnessing Artificial Intelligence (AI) to root out ERC-20 scam tokens.This innovation was disclosed on October 6, 2023, by Yifan Xu, Indra Rustandi, Yao Ma, and Vijay Dialani from the engineering team at Coinbase. The innovative ERC-20 Scam Token Detection System is a blend of smart contract auditing and machine learning prediction aimed at identifying both known and emergent scam types, marking a significant leap towards ensuring a safer crypto space.

₹300 crore then) in TBO Tek. “Multi-bagger exits in private equity are rare. When that happens it can be due to investors taking a contrarian bet, a company’s disruptive product offerings, exceptional management execution or due to strong market tailwinds.

I have an education loan of ₹24 lakh, obtained at an interest rate of 9.5% per annum. Over the last four years, I have paid off a substantial part of this loan and the balance is now ₹10 lakh. Is it financially-wise to pay minimum equated monthly instalments (EMIs) and invest elsewhere to generate higher returns or close the loan account as soon as possible? I also claim income tax exemption on the interest part of the education loan and will continue to opt for the old tax regime to claim this benefit. —Name withheld on request Given the rate of interest of 9.5% on the education loan, you can exercise the option of prepaying a major portion of your loan that can reduce your EMIs meaningfully in the future.

interest rate – and as Zlatkin says, most mortgage-holders will see higher monthly payments after a swiftstring of increases to the Bank of Canada’s key rate.Refinancing involves breaking the current contract entirely and signing a fresh one. It’s a useful option for those looking to access home equity, consolidate debt or switch lenders for a better rate.

Guggenheim analysts started shares of Datadog, Inc. (NASDAQ:DDOG) with a Neutral rating in a note this week.

Vivek Ramaswamy has made a plea for the United States to create its own missile defense system, drawing inspiration from Israel's Iron Dome. The Indian origin billionaire believes in the necessity of such a system to protect the nation from external threats, particularly in light of the advanced missile capabilities possessed by countries like Russia. In his further argument, he pointed out the fact that Russia possesses hypersonic missile capabilities that outmatch those of the United States.

A growing number of asset managers is reassessing bond values tied to real assets, as a spike in the frequency of flash floods, fires and storms hits conventional pricing models.

A surprisingly strong US economy and mixed signals from the Federal Reserve have fueled some of the wildest swings in Treasuries in recent memory. Add geopolitical angst and a surge in debt supply and you have a recipe for sustained volatility for months to come, market watchers say.

T. Rowe Price Group Inc. is reeling from a $127 billion exodus over just two years. At Franklin Resources Inc., the latest member of a billionaire family to run the firm is trying to reverse a nearly uninterrupted 20-quarter losing streak. Across the Atlantic, the chief of Abrdn Plc has reached a blunt conclusion: merely managing mutual funds isn’t enough of a business any more.

Axis Bank sees some consolidation in the second half of FY24 (H2FY24) amid a rise in crude oil prices, higher bond yields, and resurfacing inflationary fears. The global bond markets are going through a rough patch. US yields hit a fresh 16-year high after a bond selloff amid growing concerns on hawkish policy comments and interest rates which are likely to remain elevated for a longer period of time.