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16.04.26 - 10:06
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AI is destroying jobs – and the energy crisis could make that much worse | Larry Elliott (The Guardian)
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Every wave of new tech has come with a doomsday scenario. But governments just aren't planning a human response on the scale required The transition to a world of artificial intelligence has given a whole new meaning to the concept that capitalism can only renew itself through creative destruction. This is the idea that clapped-out technologies have to be replaced by new ways of doing things, even though the process can be brutal.That has been the way of things for every new wave of inventions since the dawn of the industrial age in the mid-18th century, but with machines now displaying cognitive skills, able to both think and learn, the potential for economic disruption is all the greater.Larry Elliott is a Guardian columnist Continue reading......
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16.04.26 - 08:12
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How South Korea plans to use the Iran crisis to spur a renewables revolution (The Guardian)
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Energy crisis unfolding in Middle East has added political urgency, and more funding, to transform South Korea's solar industryIn Guyang-ri, a farming village of 70 households about 90 minutes south-east of Seoul, people gather for communal free lunches six days a week. The meals are funded by the village's one-megawatt solar installation, which generates roughly 10m won ($6,800) in net profit each month.“Residents eat lunch together every day, so we see each other's faces, talk together,” says Jeon Joo-young, the village chief. “Bonds and solidarity between residents become much stronger. Life becomes more enjoyable.” Continue reading......
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16.04.26 - 04:06
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Falling margins and memory crisis causing spec downgrades on TV panels (Digitimes)
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Since the fourth quarter of 2025, memory prices have risen rapidly, driving up overall storage costs and placing significant pressure on TV manufacturers. Sharp changes in cost structures and concerns over weakening end-market demand have also intensified among brands. As a result, cost control has become a top priority in product strategy, further accelerating a trend toward downgraded panel specifications....
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15.04.26 - 22:57
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Russia Vows To ′Fill China′s Energy Resource Gap′ Amid Hormuz Crisis In Lavrov-Xi Meeting (ZeroHedge)
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Russia Vows To 'Fill China's Energy Resource Gap' Amid Hormuz Crisis In Lavrov-Xi Meeting
At a moment it remains a serious open question over just how vulnerable China is to the Hormuz Strait crisis, and now with the US-imposed US naval blockade of the vital oil transit waterway, Russian Foreign Minister Sergey Lavrov is in Beijing pledging energy support to China.
Lavrov met with President Xi Jinping on Wednesday, during which Xi urged China and Russia to "give full play to the advantages of geographic proximity and complementarity, deepen all-round cooperation and raise the resilience of each other's development."
Russia remains China's top energy supplier. "Both sides should maintain strategic focus, trust each other, support each other, develop together," Xi continued, according to a Chinese state media readout.
via Russian Foreign Ministry
Lavrov in turn told Xi that Chinese-Russian relations play a "stabilizing role in world affairs" at a time of g...
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15.04.26 - 19:06
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Krise hin oder her: Diese 5 Aktien sind heiß (Der Aktionaer)
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Zollstreit, Nahostkrieg, politische Eskalationen – seit 15 Monaten sorgt Donald Trump für ein Wechselbad der Gefühle an den Märkten. Ein Ereignis jagt das nächste, die Unsicherheit bleibt hoch. Aber die Börse hat dazugelernt. Das Muster wiederholt sich: Auf maximale Eskalation folgt oft die Entspannung....
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15.04.26 - 12:18
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Soaring rents and a four-hour commute: the misery of the Lagos housing crisis (The Guardian)
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The Nigerian megacity's dynamic growth is outstripping its rental supply, and wages are not keeping up with rising costsEvery weekday before dawn, Oluwatobi Ogundipe leaves his small flat in Sango Ota, an industrial town in Ogun state, for a four hour commute to the glass towers of Lagos Island.Despite working in one of Nigeria's growing technology sectors, the 32-year-old product manager cannot afford to live any closer to his office. Continue reading......
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15.04.26 - 11:18
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Covered Bond-Markt stabil: Nahost-Krise trifft Pfandbriefe nur leicht (Anleihencheck)
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Frankfurt (www.anleihencheck.de) - Die Marktturbulenzen aufgrund des Kriegs im Nahen Osten haben den Covered Bond-Markt nur am Rande getroffen, so die Analysten der DekaBank.
Die Verunsicherung habe die Liquidität etwas beeinträchtigt, und die Spreads seien um wenige Basispunkte angestiegen. Die Neuemissionstätigkeit sei zwischenzeitlich ausgebremst worden, aber wann immer sich ein kleines Fenster geöffnet habe, hätten Emissionsbanken die weiterhin vorhandene Nachfrage gerne mit neuen Anleihen bedient. [mehr]...
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