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Bitcoin’s price is surging. What happens next?
Wed, 06 Mar 2024 21:05:13 +0000
The cryptocurrency is up by 63% this year
Match ID: 0 Score: 4.29 source: www.economist.com age: 54 days
qualifiers: 2.86 cryptocurrenc(y|ies), 1.43 bitcoin(|s)
What is Blockchain: Everything You Need to Know (2022)
Mon, 18 Apr 2022 05:49:00 +0000
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Imagine a world in which you can do transactions and many other things without having to give your personal information. A world in which you don’t need to rely on banks or governments anymore. Sounds amazing, right? That’s exactly what blockchain technology allows us to do.
It’s like your computer’s hard drive. blockchain is a technology that lets you store data in digital blocks, which are connected together like links in a chain.
Blockchain technology was originally invented in 1991 by two mathematicians, Stuart Haber and W. Scot Stornetta. They first proposed the system to ensure that timestamps could not be tampered with.
A few years later, in 1998, software developer Nick Szabo proposed using a similar kind of technology to secure a digital payments system he called “Bit Gold.” However, this innovation was not adopted until Satoshi Nakamoto claimed to have invented the first Blockchain and Bitcoin.
A blockchain is a distributed database shared between the nodes of a computer network. It saves information in digital format. Many people first heard of blockchain technology when they started to look up information about bitcoin.
Blockchain is used in cryptocurrency systems to ensure secure, decentralized records of transactions.
Blockchain allowed people to guarantee the fidelity and security of a record of data without the need for a third party to ensure accuracy.
To understand how a blockchain works, Consider these basic steps:
Let’s get to know more about the blockchain.
Blockchain records digital information and distributes it across the network without changing it. The information is distributed among many users and stored in an immutable, permanent ledger that can't be changed or destroyed. That's why blockchain is also called "Distributed Ledger Technology" or DLT.
Here’s how it works:
And that’s the beauty of it! The process may seem complicated, but it’s done in minutes with modern technology. And because technology is advancing rapidly, I expect things to move even more quickly than ever.
Even though blockchain is integral to cryptocurrency, it has other applications. For example, blockchain can be used for storing reliable data about transactions. Many people confuse blockchain with cryptocurrencies like bitcoin and ethereum.
Blockchain already being adopted by some big-name companies, such as Walmart, AIG, Siemens, Pfizer, and Unilever. For example, IBM's Food Trust uses blockchain to track food's journey before reaching its final destination.
Although some of you may consider this practice excessive, food suppliers and manufacturers adhere to the policy of tracing their products because bacteria such as E. coli and Salmonella have been found in packaged foods. In addition, there have been isolated cases where dangerous allergens such as peanuts have accidentally been introduced into certain products.
Tracing and identifying the sources of an outbreak is a challenging task that can take months or years. Thanks to the Blockchain, however, companies now know exactly where their food has been—so they can trace its location and prevent future outbreaks.
Blockchain technology allows systems to react much faster in the event of a hazard. It also has many other uses in the modern world.
Blockchain technology is safe, even if it’s public. People can access the technology using an internet connection.
Have you ever been in a situation where you had all your data stored at one place and that one secure place got compromised? Wouldn't it be great if there was a way to prevent your data from leaking out even when the security of your storage systems is compromised?
Blockchain technology provides a way of avoiding this situation by using multiple computers at different locations to store information about transactions. If one computer experiences problems with a transaction, it will not affect the other nodes.
Instead, other nodes will use the correct information to cross-reference your incorrect node. This is called “Decentralization,” meaning all the information is stored in multiple places.
Blockchain guarantees your data's authenticity—not just its accuracy, but also its irreversibility. It can also be used to store data that are difficult to register, like legal contracts, state identifications, or a company's product inventory.
Blockchain has many advantages and disadvantages.
I’ll answer the most frequently asked questions about blockchain in this section.
Blockchain is not a cryptocurrency but a technology that makes cryptocurrencies possible. It's a digital ledger that records every transaction seamlessly.
Yes, blockchain can be theoretically hacked, but it is a complicated task to be achieved. A network of users constantly reviews it, which makes hacking the blockchain difficult.
Coinbase Global is currently the biggest blockchain company in the world. The company runs a commendable infrastructure, services, and technology for the digital currency economy.
Blockchain is a decentralized technology. It’s a chain of distributed ledgers connected with nodes. Each node can be any electronic device. Thus, one owns blockhain.
Bitcoin is a cryptocurrency, which is powered by Blockchain technology while Blockchain is a distributed ledger of cryptocurrency
Generally a database is a collection of data which can be stored and organized using a database management system. The people who have access to the database can view or edit the information stored there. The client-server network architecture is used to implement databases. whereas a blockchain is a growing list of records, called blocks, stored in a distributed system. Each block contains a cryptographic hash of the previous block, timestamp and transaction information. Modification of data is not allowed due to the design of the blockchain. The technology allows decentralized control and eliminates risks of data modification by other parties.
Blockchain has a wide spectrum of applications and, over the next 5-10 years, we will likely see it being integrated into all sorts of industries. From finance to healthcare, blockchain could revolutionize the way we store and share data. Although there is some hesitation to adopt blockchain systems right now, that won't be the case in 2022-2023 (and even less so in 2026). Once people become more comfortable with the technology and understand how it can work for them, owners, CEOs and entrepreneurs alike will be quick to leverage blockchain technology for their own gain. Hope you like this article if you have any question let me know in the comments section
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Non-fungible tokens (NFTs) are the most popular digital assets today, capturing the attention of cryptocurrency investors, whales and people from around the world. People find it amazing that some users spend thousands or millions of dollars on a single NFT-based image of a monkey or other token, but you can simply take a screenshot for free. So here we share some freuently asked question about NFTs.
NFT stands for non-fungible token, which is a cryptographic token on a blockchain with unique identification codes that distinguish it from other tokens. NFTs are unique and not interchangeable, which means no two NFTs are the same. NFTs can be a unique artwork, GIF, Images, videos, Audio album. in-game items, collectibles etc.
A blockchain is a distributed digital ledger that allows for the secure storage of data. By recording any kind of information—such as bank account transactions, the ownership of Non-Fungible Tokens (NFTs), or Decentralized Finance (DeFi) smart contracts—in one place, and distributing it to many different computers, blockchains ensure that data can’t be manipulated without everyone in the system being aware.
The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
One of the unique characteristics of non-fungible tokens (NFTs) is that they can be tokenised to create a digital certificate of ownership that can be bought, sold and traded on the blockchain.
As with crypto-currency, records of who owns what are stored on a ledger that is maintained by thousands of computers around the world. These records can’t be forged because the whole system operates on an open-source network.
NFTs also contain smart contracts—small computer programs that run on the blockchain—that give the artist, for example, a cut of any future sale of the token.
Non-fungible tokens (NFTs) aren't cryptocurrencies, but they do use blockchain technology. Many NFTs are based on Ethereum, where the blockchain serves as a ledger for all the transactions related to said NFT and the properties it represents.5) How to make an NFT?
Anyone can create an NFT. All you need is a digital wallet, some ethereum tokens and a connection to an NFT marketplace where you’ll be able to upload and sell your creations
When you purchase a stock in NFT, that purchase is recorded on the blockchain—the bitcoin ledger of transactions—and that entry acts as your proof of ownership.
The value of an NFT varies a lot based on the digital asset up for grabs. People use NFTs to trade and sell digital art, so when creating an NFT, you should consider the popularity of your digital artwork along with historical statistics.
In the year 2021, a digital artist called Pak created an artwork called The Merge. It was sold on the Nifty Gateway NFT market for $91.8 million.
Non-fungible tokens can be used in investment opportunities. One can purchase an NFT and resell it at a profit. Certain NFT marketplaces let sellers of NFTs keep a percentage of the profits from sales of the assets they create.
Many people want to buy NFTs because it lets them support the arts and own something cool from their favorite musicians, brands, and celebrities. NFTs also give artists an opportunity to program in continual royalties if someone buys their work. Galleries see this as a way to reach new buyers interested in art.
There are many places to buy digital assets, like opensea and their policies vary. On top shot, for instance, you sign up for a waitlist that can be thousands of people long. When a digital asset goes on sale, you are occasionally chosen to purchase it.
To mint an NFT token, you must pay some amount of gas fee to process the transaction on the Etherum blockchain, but you can mint your NFT on a different blockchain called Polygon to avoid paying gas fees. This option is available on OpenSea and this simply denotes that your NFT will only be able to trade using Polygon's blockchain and not Etherum's blockchain. Mintable allows you to mint NFTs for free without paying any gas fees.
The answer is no. Non-Fungible Tokens are minted on the blockchain using cryptocurrencies such as Etherum, Solana, Polygon, and so on. Once a Non-Fungible Token is minted, the transaction is recorded on the blockchain and the contract or license is awarded to whoever has that Non-Fungible Token in their wallet.
You can sell your work and creations by attaching a license to it on the blockchain, where its ownership can be transferred. This lets you get exposure without losing full ownership of your work. Some of the most successful projects include Cryptopunks, Bored Ape Yatch Club NFTs, SandBox, World of Women and so on. These NFT projects have gained popularity globally and are owned by celebrities and other successful entrepreneurs. Owning one of these NFTs gives you an automatic ticket to exclusive business meetings and life-changing connections.
That’s a wrap. Hope you guys found this article enlightening. I just answer some question with my limited knowledge about NFTs. If you have any questions or suggestions, feel free to drop them in the comment section below. Also I have a question for you, Is bitcoin an NFTs? let me know in The comment section below
In the rapidly advancing landscape of AI technology and innovation, LimeWire emerges as a unique platform in the realm of generative AI tools. This platform not only stands out from the multitude of existing AI tools but also brings a fresh approach to content generation. LimeWire not only empowers users to create AI content but also provides creators with creative ways to share and monetize their creations.
As we explore LimeWire, our aim is to uncover its features, benefits for creators, and the exciting possibilities it offers for AI content generation. This platform presents an opportunity for users to harness the power of AI in image creation, all while enjoying the advantages of a free and accessible service.
Let's unravel the distinctive features that set LimeWire apart in the dynamic landscape of AI-powered tools, understanding how creators can leverage its capabilities to craft unique and engaging AI-generated images.
This revamped LimeWire invites users to register and unleash their creativity by crafting original AI content, which can then be shared and showcased on the LimeWire Studio. Notably, even acclaimed artists and musicians, such as Deadmau5, Soulja Boy, and Sean Kingston, have embraced this platform to publish their content in the form of NFT music, videos, and images.
Beyond providing a space for content creation and sharing, LimeWire introduces monetization models to empower users to earn revenue from their creations. This includes avenues such as earning ad revenue and participating in the burgeoning market of Non-Fungible Tokens (NFTs). As we delve further, we'll explore these monetization strategies in more detail to provide a comprehensive understanding of LimeWire's innovative approach to content creation and distribution.
LimeWire Studio welcomes content creators into its fold, providing a space to craft personalized AI-focused content for sharing with fans and followers. Within this creative hub, every piece of content generated becomes not just a creation but a unique asset—ownable and tradable. Fans have the opportunity to subscribe to creators' pages, immersing themselves in the creative journey and gaining ownership of digital collectibles that hold tradeable value within the LimeWire community. Notably, creators earn a 2.5% royalty each time their content is traded, adding a rewarding element to the creative process.
The platform's flexibility is evident in its content publication options. Creators can choose to share their work freely with the public or opt for a premium subscription model, granting exclusive access to specialized content for subscribers.
As of the present moment, LimeWire focuses on AI Image Generation, offering a spectrum of creative possibilities to its user base. The platform, however, has ambitious plans on the horizon, aiming to broaden its offerings by introducing AI music and video generation tools in the near future. This strategic expansion promises creators even more avenues for expression and engagement with their audience, positioning LimeWire Studio as a dynamic and evolving platform within the realm of AI-powered content creation.
The LimeWire AI image generation tool presents a versatile platform for both the creation and editing of images. Supporting advanced models such as Stable Diffusion 2.1, Stable Diffusion XL, and DALL-E 2, LimeWire offers a sophisticated toolkit for users to delve into the realm of generative AI art.
Much like other tools in the generative AI landscape, LimeWire provides a range of options catering to various levels of complexity in image creation. Users can initiate the creative process with prompts as simple as a few words or opt for more intricate instructions, tailoring the output to their artistic vision.
What sets LimeWire apart is its seamless integration of different AI models and design styles. Users have the flexibility to effortlessly switch between various AI models, exploring diverse design styles such as cinematic, digital art, pixel art, anime, analog film, and more. Each style imparts a distinctive visual identity to the generated AI art, enabling users to explore a broad spectrum of creative possibilities.
The platform also offers additional features, including samplers, allowing users to fine-tune the quality and detail levels of their creations. Customization options and prompt guidance further enhance the user experience, providing a user-friendly interface for both novice and experienced creators.
Excitingly, LimeWire is actively developing its proprietary AI model, signaling ongoing innovation and enhancements to its image generation capabilities. This upcoming addition holds the promise of further expanding the creative horizons for LimeWire users, making it an evolving and dynamic platform within the landscape of AI-driven art and image creation.
Sign Up Now To Get Free Credits
Upon completing your creative endeavor on LimeWire, the platform allows you the option to publish your content. An intriguing feature follows this step: LimeWire automates the process of minting your creation as a Non-Fungible Token (NFT), utilizing either the Polygon or Algorand blockchain. This transformative step imbues your artwork with a unique digital signature, securing its authenticity and ownership in the decentralized realm.
Creators on LimeWire hold the power to decide the accessibility of their NFT creations. By opting for a public release, the content becomes discoverable by anyone, fostering a space for engagement and interaction. Furthermore, this choice opens the avenue for enthusiasts to trade the NFTs, adding a layer of community involvement to the artistic journey.
Alternatively, LimeWire acknowledges the importance of exclusivity. Creators can choose to share their posts exclusively with their premium subscribers. In doing so, the content remains a special offering solely for dedicated fans, creating an intimate and personalized experience within the LimeWire community. This flexibility in sharing options emphasizes LimeWire's commitment to empowering creators with choices in how they connect with their audience and distribute their digital creations.
After creating your content, you can choose to publish the content. It will automatically mint your creation as an NFT on the Polygon or Algorand blockchain. You can also choose whether to make it public or subscriber-only.
If you make it public, anyone can discover your content and even trade the NFTs. If you choose to share the post only with your premium subscribers, it will be exclusive only to your fans.
Additionally, you can earn ad revenue from your content creations as well.
When you publish content on LimeWire, you will receive 70% of all ad revenue from other users who view your images, music, and videos on the platform.
This revenue model will be much more beneficial to designers. You can experiment with the AI image and content generation tools and share your creations while earning a small income on the side.
The revenue you earn from your creations will come in the form of LMWR tokens, LimeWire’s own cryptocurrency.
Your earnings will be paid every month in LMWR, which you can then trade on many popular crypto exchange platforms like Kraken, ByBit, and UniSwap.
You can also use your LMWR tokens to pay for prompts when using LimeWire generative AI tools.
You can sign up to LimeWire to use its AI tools for free. You will receive 10 credits to use and generate up to 20 AI images per day. You will also receive 50% of the ad revenue share. However, you will get more benefits with premium plans.
For $9.99 per month, you will get 1,000 credits per month, up to 2 ,000 image generations, early access to new AI models, and 50% ad revenue share
For $29 per month, you will get 3750 credits per month, up to 7500 image generations, early access to new AI models, and 60% ad revenue share
For $49 per month, you will get 5,000 credits per month, up to 10,000 image generations, early access to new AI models, and 70% ad revenue share
For $99 per month, you will get 11,250 credits per month, up to 2 2,500 image generations, early access to new AI models, and 70% ad revenue share
With all premium plans, you will receive a Pro profile badge, full creation history, faster image generation, and no ads.
Sign Up Now To Get Free Credits
In conclusion, LimeWire emerges as a democratizing force in the creative landscape, providing an inclusive platform where anyone can unleash their artistic potential and effortlessly share their work. With the integration of AI, LimeWire eliminates traditional barriers, empowering designers, musicians, and artists to publish their creations and earn revenue with just a few clicks.
The ongoing commitment of LimeWire to innovation is evident in its plans to enhance generative AI tools with new features and models. The upcoming expansion to include music and video generation tools holds the promise of unlocking even more possibilities for creators. It sparks anticipation about the diverse and innovative ways in which artists will leverage these tools to produce and publish their own unique creations.
For those eager to explore, LimeWire's AI tools are readily accessible for free, providing an opportunity to experiment and delve into the world of generative art. As LimeWire continues to evolve, creators are encouraged to stay tuned for the launch of its forthcoming AI music and video generation tools, promising a future brimming with creative potential and endless artistic exploration
For years, the political establishment opportunistically railed against sex trafficking. Then came Pizzagate.
The post QAnon Was Born Out of the Sex Ad Moral Panic That Took Down Backpage.com appeared first on The Intercept.
Evidence points to Absolute Standards as the source of a lethal drug the Trump administration used to restart federal executions after 17 years.
The post “Little Home Market”: The Connecticut Company Accused of Fueling an Execution Spree appeared first on The Intercept.
Nigeria has gotten billions in U.S. security assistance, even as its counterterrorism campaign has a massive civilian death toll.
The post Biden Says He Told Nigeria to Kill Fewer Civilians — but Nigeria Keeps Killing Lots of Civilians appeared first on The Intercept.
Rights chief also warns Britain will be ‘judged harshly by history for its failure to help prevent civilian slaughter in Gaza’
The UK has been accused by Amnesty International of “deliberately destabilising” human rights on the global stage for its own political ends.
In its annual global report, released today, the organisation said Britain was weakening human rights protections nationally and globally, amid a near-breakdown of international law.
Continue reading...A measure passed by the House seeks to block Americans from traveling to Iran on U.S. passports.
The post House Responds to Israeli-Iranian Missile Exchange by Taking Rights Away From Americans appeared first on The Intercept.
The state says EMTALA, a law barring discrimination in emergency medical care, interferes with its abortion ban.
The post Idaho Goes to the Supreme Court to Argue That Pregnant People Are Second-Class Citizens appeared first on The Intercept.
The White House brushes off accusations of hypocrisy, courting TikTok while seeking to ban it.
The post As Biden Cheers TikTok Ban, White House Embraces TikTok Influencers appeared first on The Intercept.
Supporters worry Khan’s life is in danger and with good reason: The military has a long history of killing deposed leaders.
The post Chuck Schumer Privately Warns Pakistan: Don’t Kill Imran Khan in Prison appeared first on The Intercept.
If the courts agree to vacate the conviction, Lucio will have spent 16 years on death row for a crime that never happened.
The post A Prosecutor Asked Texas to Kill Melissa Lucio. Now He Says She Should Be Freed. appeared first on The Intercept.
The blanket suspension of student protesters casts “serious doubt on the University’s respect for the rule-of-law values that we teach,” 54 law professors wrote.
The post Columbia Law School Faculty Condemn Administration for Mass Arrests and Suspensions appeared first on The Intercept.
The smears spurred Austrian police to raid Islamophobia scholar Farid Hafez’s family home. Then the terrorism charges fell apart.
The post Lawsuit Links Wild UAE-Financed Smear Campaign to George Washington University appeared first on The Intercept.
“Yes I’m a Republican and I exclusively supported John through the Jewish community for his principled actions supporting Israel.”
The post Since October, Sen. John Fetterman Has Been Building a Roster of Republican Donors appeared first on The Intercept.
U.S. military service members interviewed for a congressional inquiry said intelligence reports about how bad the situation is were being suppressed.
The post U.S. Troops in Niger Say They’re “Stranded” and Can’t Get Mail, Medicine appeared first on The Intercept.
The university suspended three students out of hundreds participating in an on-campus encampment to protest the Israeli government.
The post Columbia Suspends Ilhan Omar’s Daughter One Day After Omar Grilled School Administrators appeared first on The Intercept.
Parties appearing before the Supreme Court can fund the groups that file briefs supporting their arguments — and almost never have to disclose it.
The post The Gaping Hole in Supreme Court Rules for Tracking Links Between Litigants and Influence Groups appeared first on The Intercept.
Report to United Nations security council says remnants of Hwasong-11 violate arms export embargo on Russian ally
The debris from a missile that landed in the Ukrainian city of Kharkiv on 2 January was from a North Korean Hwasong-11 series ballistic missile, UN sanctions monitors told a security council committee in a report seen by Reuters.
In the 32-page report, the UN sanctions monitors concluded that “debris recovered from a missile that landed in Kharkiv, Ukraine, on 2 January 2024 derives from a DPRK Hwasong-11 series missile” and is in violation of the arms embargo on North Korea.
Continue reading...A measure passed by the House seeks to block Americans from traveling to Iran on U.S. passports.
The post House Responds to Israeli-Iranian Missile Exchange by Taking Rights Away From Americans appeared first on The Intercept.
A new report reveals details of the massacres by a longtime U.S. ally and counterterrorism partner.
The post U.S.-Trained Burkina Faso Military Executed 220 Civilians appeared first on The Intercept.
Tim Loughton had sanctions imposed on him in 2021 by Beijing, which has close ties to east African country
A former government minister who has had sanctions imposed on him by China has said he was detained and deported by Djibouti as a “direct consequence” of the east African country’s close ties with Beijing.
Tim Loughton, the Conservative MP for East Worthing and Shoreham since 1997, said he was held for more than seven hours at the airport earlier this month, barred entry to Djibouti, and told he was being removed on the next available flight.
Continue reading...Ministers should hold their nerve as it is not yet clear what the regulator, Ofwat, will propose
The contagion merchants are out in force at Thames Water. If the country’s biggest water company goes under, runs the argument from assorted bondholders and City bankers, we will all pay a price. Other water companies will pay more for their capital, shoving the cost on to our bills eventually, and the burned bondholders will exact revenge when they’re asked to finance everything from electricity pylons to nuclear power stations. Should we be scared?
Before everybody works themselves into a panic, it would be better to wait until 12 June, the day when the water regulator, Ofwat, gives its first view on the business plans of English and Welsh companies for the next five-year period, and says what level of bill increases it will accept and what assumptions it has made about the cost of capital. That is the first point at which the “contagion” noise can be properly assessed.
Continue reading...Gary Farro, who last week described financial arrangements related to alleged catch-and-kill scheme, to resume testimony
Donald Trump’s New York criminal trial enters its third week on Tuesday morning with additional testimony from a private banker who last week described financial maneuvering related to the ex-president’s alleged catch-and-kill scheme.
The trial on Friday adjourned for the week following testimony from Gary Farro. In 2015, Farro became then Trump attorney Michael Cohen’s contact at First Republic Bank. His testimony lifted the veil on Cohen’s financial chicanery to protect his then boss.
Continue reading...For years, the political establishment opportunistically railed against sex trafficking. Then came Pizzagate.
The post QAnon Was Born Out of the Sex Ad Moral Panic That Took Down Backpage.com appeared first on The Intercept.
Rolling coverage of the latest economic and financial news, as French GDP accelerates, and HSBC announces CEO’s retirement
Hungary has returned to growth, in an encouraging sign for Eastern Europe’s economy.
Hungary’s gross domestic product grew by 0.8% in the first quarter of this year, new data shows, having previously stagnated with 0% growth in the last quarter of 2023.
The plan we are announcing today will result in the reduction of around 1,500 roles out of a total UK workforce of 37,000.
While these plans are still subject to consultation, we will seek to find alternative opportunities wherever possible through the roles created by this plan and our existing recruitment process that makes c.15,000 hires each year.
Continue reading...Jens Stoltenberg says lack of ammunition has allowed Russia to push forward; Odesa missile strike kills at least four people. What we know on day 797
Continue reading...Four-year-old child and pregnant woman among those in a serious condition after strike on seafront park in Black Sea port city
Germany has supplied Ukraine with another batch of military aid, which includes ammunition for Leopard 2 tanks, ten infantry fighting vehicles and a Skynex air defence system. You can view the full list of the aid included in Berlin’s military package here.
Military aid worth about €28bn (£23.9m) has so far been made available by Germany (or has been earmarked) to support Ukraine over the next few years, according to the German government.
Continue reading...Bank says it has started search for a successor as it reports quarterly profits beat forecasts
The chief executive of HSBC, Noel Quinn, is unexpectedly stepping down after an “intense” five years in the role, as the bank reported better-than-expected profits.
Europe’s largest bank has kicked off a search for a successor and said Quinn, 62, will stay in the post until a new chief executive is found. It is looking at both internal and external candidates. Quinn is an HSBC veteran who joined the bank in 1987.
Continue reading...Prices in non-food stores are lower in April than a year earlier as stores offload summer stock
Prices in UK shops rose at their slowest rate since late 2021 in April as deep discounts by clothing and footwear retailers put the brakes on inflation, the latest snapshot of high street spending trends has shown.
The monthly bulletin from the British Retail Consortium (BRC) – the lobby group for the industry – found that the battle by store owners to offload summer stock in cold and wet weather meant prices in non-food stores were lower this month than a year earlier.
Continue reading...Newly deciphered passages outline Greek philosopher’s burial place and describe critique of slave musician
Newly deciphered passages from a papyrus scroll that was buried beneath layers of volcanic ash after the AD79 eruption of Mount Vesuvius may have shed light on the final hours of Plato, a key figure in the history of western philosophy.
In a groundbreaking discovery, the ancient scroll was found to contain a previously unknown narrative detailing how the Greek philosopher spent his last evening, describing how he listened to music played on a flute by a Thracian slave girl.
Continue reading...Campaigners across Europe call on Kyiv to recognise contribution of marginalised community
Growing up in Ukraine, Arsen Mednik often found himself singled out – at school children would point at him, calling him “gypsy”, while employers were often reluctant to hire him when they learned he was Roma.
But in early 2022, as Russian forces began their savage occupation of his home town of Bucha, Mednik was among the first Ukrainian Roma to volunteer in the defence of the country.
Continue reading...  | submitted by /u/SpaceBrigadeVHS [link] [comments] |
The Department of Education is probing claims that the school discriminated against Palestinian and Arab students amid Israel’s war on Gaza.
The post “Kill All Arabs”: The Feds Are Investigating UMass Amherst for Anti-Palestinian Bias appeared first on The Intercept.
Evidence points to Absolute Standards as the source of a lethal drug the Trump administration used to restart federal executions after 17 years.
The post “Little Home Market”: The Connecticut Company Accused of Fueling an Execution Spree appeared first on The Intercept.
The accelerating slide in the value of Japan’s currency could ultimately be bad news for people in Japan who are heavily reliant on imports
The value of Japan’s currency has tumbled so much, that its value is back to where it was in 1990, shortly after Japan’s famous “bubble economy” burst. For a moment on Monday it was trading at 160 yen to US$1. A few years ago, it was closer to 100 yen to US$1.
The yen’s accelerating slide could ultimately be bad news for people in Japan. A weaker yen squeezes households by increasing import costs. Japan is heavily reliant on imports for both energy supplies and food, meaning inflation could rise.
Continue reading...Murrawah Johnson recognised for role in landmark legal case to block coalmine backed by Clive Palmer
For Murrawah Johnson, the impacts of the climate crisis and the destruction of land to mine the fossil fuels that drive it are more than simple questions of atmospheric physics or environmental harm.
“What colonisation hasn’t already done, climate change will do in terms of finalising the assimilation process for First Nations people,” the 29-year-old Wirdi woman from Queensland says.
Continue reading...Levy on oil and gas majors in richest countries would help worst-affected nations tackle climate crisis, says report
A new tax on fossil fuel companies based in the world’s richest countries could raise hundreds of billions of dollars to help the most vulnerable nations cope with the escalating climate crisis, according to a report.
The Climate Damages Tax report, published on Monday, calculates that an additional tax on fossil fuel majors based in the wealthiest Organisation for Economic Co-operation and Development (OECD) countries could raise $720bn (£580bn) by the end of the decade.
Continue reading...Rights chief also warns Britain will be ‘judged harshly by history for its failure to help prevent civilian slaughter in Gaza’
The UK has been accused by Amnesty International of “deliberately destabilising” human rights on the global stage for its own political ends.
In its annual global report, released today, the organisation said Britain was weakening human rights protections nationally and globally, amid a near-breakdown of international law.
Continue reading...The White House brushes off accusations of hypocrisy, courting TikTok while seeking to ban it.
The post As Biden Cheers TikTok Ban, White House Embraces TikTok Influencers appeared first on The Intercept.
Like countless other hostilities, the stealthy Israeli missile and drone strike on Iran doesn’t risk war. It is war.
The post Israel Attack on Iran Is What World War III Looks Like appeared first on The Intercept.
Supporters worry Khan’s life is in danger and with good reason: The military has a long history of killing deposed leaders.
The post Chuck Schumer Privately Warns Pakistan: Don’t Kill Imran Khan in Prison appeared first on The Intercept.
Parties appearing before the Supreme Court can fund the groups that file briefs supporting their arguments — and almost never have to disclose it.
The post The Gaping Hole in Supreme Court Rules for Tracking Links Between Litigants and Influence Groups appeared first on The Intercept.
The smears spurred Austrian police to raid Islamophobia scholar Farid Hafez’s family home. Then the terrorism charges fell apart.
The post Lawsuit Links Wild UAE-Financed Smear Campaign to George Washington University appeared first on The Intercept.
“Yes I’m a Republican and I exclusively supported John through the Jewish community for his principled actions supporting Israel.”
The post Since October, Sen. John Fetterman Has Been Building a Roster of Republican Donors appeared first on The Intercept.
The state says EMTALA, a law barring discrimination in emergency medical care, interferes with its abortion ban.
The post Idaho Goes to the Supreme Court to Argue That Pregnant People Are Second-Class Citizens appeared first on The Intercept.
For the first time, government military spending increased in all five geographical regions, Sipri thinktank finds
Global military expenditure has reached a record high of $2440bn (£1970bn) after the largest annual rise in government spending on arms in over a decade, according to a report.
The 6.8% increase between 2022 and 2023 was the steepest since 2009, pushing spending to the highest recorded by the Stockholm International Peace Research Institute (Sipri) in its 60-year history.
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