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28.03.26 - 04:30
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HKIC chief sees growing opportunities in cutting-edge tech across China and Hong Kong (SCMP)
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Investment opportunities in cutting-edge technologies are increasingly concentrated in mainland China and Hong Kong, according to Clara Chan Ka-chai, CEO of the Hong Kong Investment Corporation (HKIC).
As the Hong Kong government's investment arm, the HKIC aimed to play a stronger role in attracting capital into high-potential projects and scaling investments through broader funding participation, Chan said during a panel session at the Boao Forum for Asia on Friday.
Founded in 2022, the HKIC......
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28.03.26 - 04:24
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Black Women Bear Brunt Of Mass Layoffs With The Rise Of AI And The End Of DEI (ZeroHedge)
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Black Women Bear Brunt Of Mass Layoffs With The Rise Of AI And The End Of DEI
Over the course of the last decade, the great social debate has mostly revolved around the issue of "merit vs equity", or equality of opportunity vs equality of outcome. For anyone with common sense it's clear that "equity" is a non-starter; a system which skews accomplishment and hands success to unqualified people based solely on their ethnicity, gender or sexual identity. The experiment has been disastrous for western civilization so far.
Women in general and black women in particular were initially sought out by companies to fill DEI quotas that should not have existed in the first place. These quotas were instituted because governments and NGO's created the demand for them by offering numerous subsidies, tax breaks and special credit access. Corporations that met the DEI requirements would then have a financial edge on the competition, so everyone had to participate to avoid being s...
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28.03.26 - 04:24
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Why Is The Trump DOJ Still Enforcing The Biden Pistol Brace Rule? (ZeroHedge)
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Why Is The Trump DOJ Still Enforcing The Biden Pistol Brace Rule?
Via Gun Owners of America,
The current Department of Justice is choosing to continue enforcing an unconstitutional legal theory being weaponized against gun owners by the Bureau of Alcohol, Tobacco, Firearms and Explosives.
GOA
According to a recent statement in GOA's Texas et al. v. ATF case, DOJ claims that ATF “continue[s] to enforce the NFA's and the GCA's regulation of short-barreled rifles against some brace-equipped pistols, even though the Rule has been universally vacated.”
For those who are unfamiliar, in 2022 the Biden Administration issued an executive order instructing the Department of Justice to ban pistol braces, a popular firearm accessory designed to allow shooters with disabilities to “brace” their firearms against their forearm.
The Biden DOJ used this rule to effectively outlaw firearms equipped with stabilizing braces, by regulating them as short-barreled firearms under the National Firearms Act....
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28.03.26 - 04:24
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Israeli Military Chief Warns Army Nearing Internal Collapse As Netanyahu Pushes Service Extensions (ZeroHedge)
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Israeli Military Chief Warns Army Nearing Internal Collapse As Netanyahu Pushes Service Extensions
In a surprising announcement splashed all over Israeli media front pages, especially given the ongoing censorship regimen related to the Iran war, Israel's military chief has sounded the alarm over a severe manpower crisis in the Israel Defense Forces (IDF).
Military Chief of Staff Lt. Gen. Eyal Zamir has warned the "IDF is going to collapse in on itself" during a security cabinet meeting this week, according to Times of Israel and others. This as Israeli forces are now fighting on multiple fronts: there's the major war against Iran, as well as the 'northern front' against Hezbollah in Lebanon and amid IAF airstrikes on Beirut, and Israeli forces are still operating in Gaza.
via AFP
"I am raising 10 red flags in front of you," Gen. Zamir warned the country's civilian leadership, citing intensifying operational demands across all the fronts.
"Right now, the IDF need...
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28.03.26 - 04:24
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Macquarie: Two More Months Of War Could Send Oil To $200 (ZeroHedge)
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Macquarie: Two More Months Of War Could Send Oil To $200
Submitted by Tsvetana Paraskova of OilPrice.com
Oil prices could hit a record $200 per barrel if the war in the Middle East drags on through the entire second quarter, analysts at Macquarie Group have warned.
The odds of the Iran war dragging on until June were put at 40% by the analysts in a note carried by Bloomberg. But the scenario of the war ending by the end of March currently appears more plausible, with odds at 60%, according to Macquarie.
“If the strait were to stay closed for an extended period, prices would need to move high enough to destroy an historically large amount of global oil demand,” Macquarie's analysts wrote in the report.
“The timing of the re-opening of the straits, and physical damage to energy infrastructure, is the main determinant of the longer-term impact on commodities,” they added.
Many other analysts warn that if the Strait of Hormuz, which is already closed to most tanker traffic f...
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