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Kristalina Georgieva, managing director of the International Monetary Fund, at a press conference at the IMF Headquarters on April 14, 2023. Kevin Dietsch | Getty Images News | Getty Images SINGAPORE — Central bank digital currencies have the potential to replace cash, but adoption could take time, said Kristalina Georgieva, managing director of the International
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Israel has launched an overnight raid on Gaza’s largest medical facility – al Shifa hospital – hours after the US backed claims it was being used by Hamas fighters. Israeli forces said they entered a “specified area” of the medical complex for a “precise and targeted” operation “against Hamas“. The raid came hours after the
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Volkswagen is moving ahead with plans to build electric vehicles in Mexico. Holger Nestler, president and CEO of Volkswagen Mexico, says the automaker will provide two investment packages to advance EV production. Volkswagen to build electric vehicles in Mexico Speaking with Forbes Mexico, Nestler said the goal is not only to produce EVs, but to
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Suella Braverman has launched a scathing attack on Prime Minister Rishi Sunak, accusing him of abandoning secret promises and saying “your plan is not working”. The former home secretary was sacked by the prime minister on Monday following a controversial article where she accused the Met Police of bias towards pro-Palestinian protesters, and not long
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Citizens Advice helped more than 8,000 people with homelessness issues in October, the highest monthly figure ever recorded. A rising number of Section 21 no-fault evictions for private rental tenants, often led by rising mortgage interest payments for landlords, was listed as a significant contributor. Suella Braverman was sacked as Home Secretary on Monday, having
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Roughly 500 jobs are to go at pharma giant Pfizer’s Kent site. The roles are to be cut as Pfizer is discontinuing its pharmaceutical sciences small molecule (PSSM) operations at Sandwich in Kent, the company confirmed to Sky News. It’s part of a company-wide cost-cutting program, Pfizer said. Affected staff were notified on Tuesday morning
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Sponsored by VMAX: If you’re looking for a high-quality e-scooter with superior performance, check out the new VX5, VX2 Pro, VX4, and the R40 and R55 high-speed race scooters from VMAX. New
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