Tag Archives: risks

Unable to Rein in US Dollar Sale in Hawala Markets, Pakistan Risks Being Put on FATF Grey List Again

By | 06/01/2023

Last Updated: June 01, 2023, 14:40 IST File photo of Pakistan Prime Minister Shehbaz Sharif. The country been taken off the FATF grey list in October last year, four years after being put in the infamous categorisation. (AP/File) If proper measures are not taken by Islamabad to counter grey markets and act according to its… Read More »

Risks involved in investing in off-plan properties in Nigeria

By | 06/01/2023

Buying off-plan property is when you invest into a development that is yet to be built or completed, which means that the Development Company (commonly called the Developer) must have shown you an ongoing development, an architectural design, 3D rendering, and proposed interior finishing of the property in 3D format before you decide to buy… Read More »

China Xi Jinping tells national security team to prepare for ‘worst-case scenario’ as leaders warn of AI risks

By | 06/01/2023

Chinese President Xi Jinping on Tuesday advised his national security team to prepare for the worst-case scenario amid an increase in threats — both internally and externally — to the nation.  The comments, carried on the state-run Xinhua News Agency, came during a meeting of the Chinese Communist Party’s National Security Commission.  FILE: China’s President… Read More »

What Is Amniocentesis: What Are The Benefits And Risks Of The Procedure?

By | 05/31/2023

Amniocentesis is conducted by inserting a long, thin needle into the amniotic sack inside which the baby is growing. (Image: Shutterstock) Amniocentesis detects fetal health issues in the growing fetus during pregnancy and can have both positive and negative side effects Children are considered a blessing. While most babies are born healthy, there are those… Read More »

Tackling Risks From AI Should Be “Global Priority,” Say Experts

By | 05/30/2023

ChatGPT’s wild success sparked a gold rush with billions of dollars of investment. (Representational) Paris: Global leaders should be working to reduce “the risk of extinction” from artificial intelligence technology, a group of industry chiefs and experts warned on Tuesday. A one-line statement signed by dozens of specialists, including Sam Altman whose firm OpenAI created… Read More »

Novak Djokovic cruises at French Open, risks controversy with Kosovo message

By | 05/30/2023

Serbia’s Novak Djokovic celebrates his victory over US Aleksandar Kovacevic during their men’s singles match on day two of the Roland-Garros Open tennis tournament at the Court Philippe-Chatrier in Paris on May 29, 2023. (Photo by Emmanuel DUNAND / AFP) PARIS – Novak Djokovic launched his quest for a record 23rd men’s Grand Slam singles… Read More »

US debt ceiling crisis: risks still lurk for China despite prospect of deal, analysts say

By | 05/29/2023

A tentative deal between the White House and Republicans to raise the US debt ceiling could bring temporary relief to the global financial market but there is still the risk of collateral damage, Chinese observers warned on the weekend. US President Joe Biden and House Speaker Kevin McCarthy reached an agreement in principle on Saturday… Read More »

Analysis: Debt deal could boost unloved corners of U.S. stock market, though risks loom

By | 05/29/2023

By Laura Matthews and Chibuike Oguh (Reuters) – Global investors are gaming out how a tentative deal to raise the United States debt ceiling could ripple through markets, as lawmakers face a difficult path to pass the agreement through Congress before the June 5 deadline. A deal to lift the $31.4 trillion debt limit announced… Read More »

State Farm will no longer insure new homes in California because of wildfire risks

By | 05/28/2023

State Farm will no longer provide home insurance to new California customers because of wildfire risks and an increase in construction costs, the company said Friday. On Saturday, the insurance company stopped accepting new applications for business and personal lines and casualty insurance in California, the company said in a news release. State Farm said… Read More »

Bond Traders Are Starting to Eye Potential Risks Beyond the Debt Ceiling

By | 05/27/2023

(Bloomberg) — Bond investors are beginning to look beyond the debt-ceiling quagmire even as Treasury Secretary Janet Yellen’s warnings about when the US will run out of borrowing capacity become more pointed. What lies beyond is a bit troubling. Most Read from Bloomberg While the Treasury department’s cash pile has slumped to levels last seen… Read More »

Brave man risks his life, jumps into icy lake to rescue drowning dog. Watch

By | 05/27/2023

In an act of bravery, a man fearlessly jumped into freezing waters to save a dog from drowning. A video shows how he ignored the icy temperatures and plugged into the water without hesitation when he saw the pooch struggling. His act of kindness was also captured on camera and later shared on Instagram. The… Read More »

Cathie Wood Defends ARKK’s Decision to Dump Nvidia, Citing Chip-Cycle Risks

By | 05/27/2023

(Bloomberg) — Cathie Wood defended her firm’s decision to bail on Nvidia Corp. before the chipmaker’s shares surged 160%, saying the computer-chip industry’s boom-bust cycle poses risks. Most Read from Bloomberg Wood’s flagship ARK Innovation ETF (ticker ARKK) cut its holding in Nvidia in January and missed out on most of the rally that added… Read More »

New North Face ad featuring drag queen risks

By | 05/26/2023

A PR expert has warned North Face’s new LGBT+ advert may prove controversial, particularly in America. The popular clothing brand launched its “Summer of Pride” campaign, featuring drag queen ‘Pattie Gonia’, on Instagram on Wednesday. Pattie declares in the advert that consumers should “come out… in nature with us!” and declare themselves a “real-life homosexual!”… Read More »

Interest rates matter: risks and rewards of locking in FDs

By | 05/26/2023

Interest rates are currently peaking in several economies, including the US and India. The Federal Reserve in the US and the Reserve Bank of India (RBI) have been gradually increasing rates to curb inflationary pressures and maintain economic stability. In India, inflationary concerns have been heightened by rising global commodity prices, elevated crude oil costs,… Read More »

Gold Prices Slide as Dollar Strengthens and Debt Default Risks Loom

By | 05/25/2023

Last Updated: May 24, 2023, 23:43 IST FILE PHOTO: A saleswoman shows gold bangles to a customer at a jewellery showroom on the occasion of Akshaya Tritiya, a major gold buying festival, in Kolkata, India, May 3, 2022. (Image: Reuters) Spot gold was down 0.8% at $1,959.29 per ounce by 12:22 p.m. ET (1622 GMT)… Read More »

King Charles ‘risks royal family rift’ over this major issue. Not Prince Harry

By | 05/22/2023

King Charles reportedly faces a potential royal family showdown over his decision to move Prince Andrew, his eldest brother, out of his house of 20 years- Royal Lodge in Windsor Great Park, Berkshire. The Duke of York is said to be under pressure to downsize to the former home of Prince Harry and Meghan Markle,… Read More »

Russian Foreign Minister warns of ‘enormous risks’ if West supplies fighter jets to Ukraine

By | 05/20/2023

Western countries are sticking to an escalation which carries “enormous risks” for them if they supply Ukraine with F-16 fighter jets, Russian Deputy Foreign Minister Alexander Grushko said on Saturday, according to TASS News agency. Russian Deputy Foreign Minister Alexander Grushko(Reuters) “We can see that Western countries continue to stick to an escalation scenario, which… Read More »

Russia says F-16 supplies to Ukraine would carry ‘colossal’ risks for West – Times of India

By | 05/20/2023

MOSCOW: Western countries will be running “colossal risks” if they supply Ukraine with F-16 fighter jets, TASS news agency quoted Russian Deputy Foreign Minister Alexander Grushko as saying on Saturday.US President Joe Biden told G7 leaders on Friday that Washington supports joint allied training programs for Ukrainian pilots on F-16 fighters, senior US officials said.… Read More »

What can be done to avoid risks associated with a home loan?

By | 05/19/2023

I am planning to buy a house and so evaluating some home loan options. What are the potential risks or challenges that one should be aware of when taking a home loan, and what measures should I take to avoid the risks? —Name withheld on request Home purchase is one of the critical decisions of… Read More »

Nigeria risks losing Eze to England as Southgate prepares for Euro 2024 qualifiers

By | 05/16/2023

Nigeria stands the risk of losing Crystal Palace star, Eberechi Eze, to England, unless it does something dramatic urgently. The post Nigeria risks losing Eze to England as Southgate prepares for Euro 2024 qualifiers appeared first on The Guardian Nigeria News – Nigeria and World News. #Nigeria #risks #losing #Eze #England #Southgate #prepares #Euro #qualifiers… Read More »

Treasury Secretary Yellen says the U.S. risks breaching the debt ceiling on June 1

By | 05/16/2023

WASHINGTON — The U.S. is still projected to breach the debt ceiling as early as June 1, Treasury Secretary Janet Yellen reiterated in a new letter to Congress on Monday afternoon. Yellen’s confirmation of the deadline means Congress has less than three weeks to act or risk a first-ever debt default, which carries grave economic… Read More »

Bond Traders Laser-Focused on Washington as Debt-Cap Risks Grow

By | 05/14/2023

(Bloomberg) — Treasury traders will be on high alert in the coming week for signs out of Washington on whether the US will careen toward a market-upending default — or will clinch a last-gasp debt deal once again. Most Read from Bloomberg The drip-feed of economic data and comments by Federal Reserve officials are poised… Read More »