Growth in developing economies in East Asia and the Pacific will pick up in 2023 thanks to China’s reopening and economic recovery, but high inflation and household debt will weigh on consumption in some countries, the World Bank said on Friday. The Washington-based lender said in a statement that it expects growth in the 23-nation region, including China, to pick …

Japan will further restrict technology exports for chip manufacturing. Japanese Trade Minister Yasutoshi Nishimura made the announcement on Thursday, the Nippon News Agency reported. Japanese companies now require a license to export more advanced products, including 23 categories. Neighbor China was not explicitly mentioned, but the decision comes after the US and the Netherlands previously restricted the sale of advanced …

FC Emmen have formally canceled the contracts of twelve players, including captain Jeroen Velmedt. Drenthe Football Club, on the other hand, have long-term commitments to Jari Vlak and Oussama El Messaoudi, among others. Other players who received letters of resignation were Jeff Harteveldt, Richeiro Zivkovic, Jasin-Amin Acehnoun, Ben Scholt, Danny Hossen, Azedin Touficki, Arnaud Lusayadio, Mart Leider, Micky van der …

Photo: ANP Japan further restricts the export of technology for manufacturing chips. About ten companies from the Asian country now need a license to export their state-of-the-art products. The decision followed pressure from the United States to stop selling advanced semiconductor technology to China, but Commerce Secretary Yasutoshi Nishimura denied that the decision was made in consultation with the Americans. …

Jair Bolsonaro landed in Brasilia, the capital of Brazil, at 12 noon Belgium time. Unlike three months ago, he did not board a military plane, but a commercial one. Several hundred supporters met him at Brasilia airport, but they didn’t actually get to see him there, or at least not for long. A short time later he went to the …

30 mrt 2023 om 16:24Update: 2 uur geleden President Thomas Bach regrets all the reactions to the International Olympic Committee’s (IOC) call to allow athletes from Russia and Belarus to return to international competition under certain conditions. Reviews came from various countries. Russia, Ukraine, Poland, Germany and the Czech Republic had reservations about the IOC’s invitation. “Diplomatically the parties on …

Few companies protect their logo from fire, such as sportswear manufacturer Adidas. When a German concern sees three stripes on clothing, it immediately goes on the attack. In the last 15 years alone, Adidas has filed more than 90 lawsuits for infringement of its trademark rights. Also, more than two hundred cases were resolved. In cases against other clothing brands, …

Door onze economieredactie 29 mrt 2023 om 07:38Update: 10 minuten geleden Ralf Hammers, the Dutch CEO of Swiss bank UBS, will resign from his post on Wednesday. He does this after UBS took over troubled industrial peer Credit Suisse. “The Board of Directors has taken this decision in light of the new challenges and priorities facing UBS following the acquisition …

Photo: ANP Sam Bankman-Fried, the founder of bankrupt crypto exchange FTX, has received another charge of alleged fraud. Prosecutors in New York now also accuse him of bribing Chinese government officials. Bankman-Fried is suspected of defrauding FTX by funneling client funds to investment fund Alameda Research. FTX and Alameda Research went bankrupt last year after the founder was arrested in …

Artificial Intelligence (AI) is playing an increasingly important role in our lives. For example, consider the ChatGPT project. This AI technology can mimic everything from random faces in photos to the voices of people around you now. The Federal Trade Commission (FTA), a US regulator, points out that fraud is being done by cloning votes using artificial intelligence. And that’s …