The fact that J. Robert Oppenheimer agonised over his part in the creation of the atomic bomb is not interesting. Was he meant to whistle to work? Harry Truman, to whom it fell to use the “gadget”, is the more dramatic figure, precisely because he made what might be the most history-altering executive decision since
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China has announced the replacement of foreign minister Qin Gang, one month after the former high-flying favourite of President Xi Jinping disappeared from public view. Qin’s sudden disappearance came as the government was trying to restore dialogue with Washington and conduct a charm offensive with European nations after several years of increasingly tense relations. The
Chinese blockchain Sputnik’s maiden voyage A Chinese satellite has become the first in the world to carry a blockchain imaging and screening system into orbit. According to local news outlet Red Star News on July 22, the Tai’an Star Era 16 was successfully launched into orbit from the China Jiuquan Satellite Launch Center. Developed by
“Nearly half of U.S. tap water has PFAs: Here’s Why ‘Forever Chemicals’ Are Dangerous,” read the July 6, 2023 Forbes.com headline from breaking news staff writer Molly Bohannon’s article. If headlines could shout, this one would surely assault eardrums around the country. Bohannon covers the many known serious health risks in her article and the
Japananese prime minister Fumio Kishida reaffirmed the country’s commitment to foster the Web3 industry, highlighting its potential to transform the internet and kindle social change. Kishida made the comments in a keynote address on day one of the WebX conference in Tokyo, Japan as initially reported by local media outlet CoinPost. On the same day,
A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. Ying Tang | NurPhoto | Getty Images The Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after 45 years of rapid expansion and globalization. The Chinese government
Crypto options exchange Deribit’s future-looking Bitcoin (BTC) volatility index — used as a crypto fear gauge of sorts — has reportedly reached its lowest level in two years, indicating a possible lack of price turbulence for Bitcoin in the near future. On July 24, crypto derivatives analytics platform Greeks Live noted that the volatility index
Many people don’t understand that you can actually sell option contracts without having the stock, or without owning the other option side of the trade. Selling options is more popular among professionals than buying option contracts. That is because when you sell option contracts, you can allow the time decay to work in your favor.
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The US general counsel of EY has resigned after two years in the role, as the firm nears the conclusion of an investigation into its failure to properly handle a staff cheating scandal. Ann Cook will leave the firm on August 1, partners have been told. Her resignation comes amid scrutiny of the actions of
The UK is on track to incur the highest debt interest costs in the developed world this year as persistently high inflation and an unusually large proportion of government bonds linked to price rises damage the public finances. The Treasury will spend £110bn on debt interest in 2023, according to a forecast by Fitch. At
In early 2009, when I got off a plane to begin an overseas posting in Washington, the city seemed to fizz with energy. The US was in recession but Barack Obama had just become president after a campaign which promised “hope and change”. I thought back to those days recently when Rachel Reeves, the UK
One Sunday morning in May, after leaving a restaurant in western Mexico, Sergio Emmanuel Martínez, a new customs director at the country’s largest port, was kidnapped. The next day, he was found dead beside a motorway, making him the fourth customs official at the port of Manzanillo to be murdered in less than two years. Manzanillo is a
US national security officials are scrutinising an Abu Dhabi sovereign wealth fund’s planned $3bn takeover of New York-based Fortress Investment Group amid concerns in Washington over the UAE’s ties to China, people close to the situation told the Financial Times. The review by the Committee on Foreign Investment in the United States, an inter-governmental agency
A subtle change in Elon Musk’s Twitter bio after his platform’s rebrand to “X” has again fanned the flames of speculation — that Dogecoin (DOGE) may have a future on the platform. On July 25, eagle-eyed Twitter (now X) users began pointing out that Elon Musk’s profile location now sports both an “X” and a
Tourists at the Bund on July 11, 2023 in Shanghai, China. Vcg | Visual China Group | Getty Images Chinese stocks soared Tuesday as Beijing pledged to ramp up measures to bolster China’s sputtering economy. Hong Kong’s Hang Seng Index surged more than 3%, China’s tech-heavy ChiNext rose 1.8% and the Shanghai Composite Index increased
Kevin Matras shows how to calculate a stock’s price target and how to find stocks currently trading below them. Highlighted stocks include DAR, FCS, GLT, GTIV and WMGI.
Trading units (aka lots, aka position size) is one of those trading terms that seem simple but can be quite confusing for someone who’s just come into the trading world. The reason behind this is that different types of trading require different terminology to describe them. Forex and stocks have different predefined sizes for trading
Qin Gang charted a meteoric rise through the brutal world of elite Chinese politics, overtaking more experienced candidates to become Xi Jinping’s foreign minister in March before suddenly disappearing with little explanation. With Qin out of public view for a month, analysts, diplomats and officials are trying to make sense of his absence, which threatens
Bitcoin-related investment products appear to have lost some of their sheen among crypto investors, recording its first week of outflows since Blackrock filed for spot Bitcoin ETF in June. According to a July 24 report by CoinShares’ head of research, James Butterfill, Bitcoin (BTC) investment products saw outflows of $13 million for the week ending July
UK pay growth since the start of the pandemic has been strongest for top earners in London, leading to a widening of regional inequalities, according to analysis released on Tuesday by a leading think-tank. The Institute for Fiscal Studies said that between February 2020 and May 2023 mean earnings for employees living in the UK