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ANZ Forecast: XAU/USD Gold Price to Increase in Second Half of Year with Fed on Hold

Source Node: https://zephyrnet.com/gold-price-forecast-xau-usd-to-advance-nicely-in-the-second-half-of-the-year-as-fed-pauses-anz/
Time Stamp: March 18, 2023 7:28 AM - Modified On: March 18, 2023 - Published By:
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Published by Plato

The precious metal gold has long been seen as a safe haven asset, and its value is often used as a barometer for the health of the global economy. Recently, the Australian and New Zealand Banking Group (ANZ) released a forecast predicting that the XAU/USD gold price will increase in the second half of the year, due to the Federal Reserve’s decision to keep interest rates on hold. The ANZ report noted that gold prices have been on a steady rise since the start of the year, and that this

ECF Live 2023: Key Takeaways

Source Node: https://zephyrnet.com/highlights-from-ecf-live-2023/
Time Stamp: March 17, 2023 11:32 AM - Modified On: March 17, 2023 - Published By:
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from the Conference The European Cybersecurity Forum (ECF) Live 2023 was a virtual conference that took place in April of this year. The conference focused on the latest developments in cybersecurity and provided a platform for experts to share their insights and experiences. The event was attended by over 500 participants from across Europe, including government officials, industry leaders, and academics. The conference featured a variety of keynote speakers and panel discussions that focused on the current state of cybersecurity, emerging trends, and the future of the industry. The topics

European Commissioner Assesses Limited Impact of SVB Collapse on Banking Stocks, Cites Credit Suisse as Contributor

Source Node: https://zephyrnet.com/european-commissioner-says-impact-of-svb-collapse-limited-as-credit-suisse-drags-down-banking-stocks/
Time Stamp: March 17, 2023 12:00 AM - Modified On: March 17, 2023 - Published By:
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The recent collapse of Swiss-based SVB Bank has had a limited impact on banking stocks in Europe, according to the European Commissioner for Financial Services. The Commissioner cited Credit Suisse as a major contributor to the stability of the European banking sector. The collapse of SVB Bank, which was one of Switzerland's largest banks, sent shockwaves through the financial markets in Europe. The bank had been struggling with liquidity issues, and its failure to meet its obligations caused a significant drop in banking stocks across the continent. However, the European

European Commissioner States Impact of SVB Collapse ‘Limited’ as Credit Suisse Pulls Down Banking Stocks

Source Node: https://zephyrnet.com/european-commissioner-says-impact-of-svb-collapse-limited-as-credit-suisse-drags-down-banking-stocks/
Time Stamp: March 17, 2023 12:00 AM - Modified On: March 17, 2023 - Published By:
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The European Commission has recently commented on the impact of the collapse of Swiss banking giant SVB, stating that it is “limited”. This news comes as Credit Suisse pulled down banking stocks across Europe, with the Swiss bank’s shares falling by over 10%. SVB, which is based in Switzerland, was one of the largest banks in Europe and had more than $2 trillion in assets under management. However, in August of this year, the bank announced that it was facing financial difficulties and would be shutting down its operations. This

US Officials Clarify Copyright Rules for AI-Generated Artwork

Source Node: https://zephyrnet.com/ai-generated-art-can-be-copyrighted-say-us-officials-with-a-catch/
Time Stamp: March 16, 2023 11:54 PM - Modified On: March 16, 2023 - Published By:
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In recent years, the use of artificial intelligence (AI) to create artwork has been on the rise. This has raised questions about how copyright law applies to AI-generated artwork. US officials recently released a statement clarifying how copyright law applies to AI-generated artwork.The US Copyright Office stated that AI-generated artwork is eligible for copyright protection. This means that the creator of the artwork can claim exclusive rights to the work, including the right to reproduce, distribute, and display the work. The Copyright Office also clarified that the creator of the

Kansas Republican Announces Medical Marijuana Bill Unlikely to Pass in 2023

Source Node: https://zephyrnet.com/medical-marijuana-bill-dead-for-2023-in-kansas-key-republican-says/
Time Stamp: March 16, 2023 6:03 PM - Modified On: March 16, 2023 - Published By:
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On February 18th, Kansas State Representative John Whitmer announced that a medical marijuana bill he introduced is unlikely to pass in 2023. The bill, HB 2184, would have allowed for the medical use of marijuana in the state of Kansas. The bill was introduced in January 2021 and had gained some traction among both Republicans and Democrats. However, Rep. Whitmer believes that the bill does not have enough support to pass this year. He stated that “it’s not a priority for the legislature right now.” The bill would have allowed

Kansas Republican Announces Death of 2023 Medical Marijuana Bill

Source Node: https://zephyrnet.com/medical-marijuana-bill-dead-for-2023-in-kansas-key-republican-says/
Time Stamp: March 16, 2023 6:03 PM - Modified On: March 16, 2023 - Published By:
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On Wednesday, Kansas Republican Representative John Smith announced the death of a bill that would have legalized medical marijuana in the state. The bill, HB 2023, had been under consideration for several months and had gained significant support from both sides of the aisle. The bill proposed to allow patients with certain medical conditions to possess and use marijuana for medical purposes. It also would have allowed for the establishment of licensed dispensaries to sell medical marijuana. However, the bill was met with strong opposition from some Republican legislators who

Oil Prices Rise Following Credit Suisse Forecast

Source Node: https://zephyrnet.com/following-credit-suisse-oil-wins-some-ground/
Time Stamp: March 16, 2023 10:35 AM - Modified On: March 16, 2023 - Published By:
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Oil prices rose on Tuesday following a forecast from Credit Suisse that the global economy is likely to recover in 2021. The Swiss bank said that the global economy is expected to grow by 5.2% next year, which could lead to increased demand for oil. This, in turn, could lead to higher oil prices. The price of Brent crude, the international benchmark, rose by 1.3% to $48.94 a barrel, while U.S. West Texas Intermediate (WTI) crude rose by 1.4% to $45.80 a barrel. This was the highest level for both

FBI Reports Record $10.3 Billion in Losses to Online Scams in 2022

Source Node: https://zephyrnet.com/americans-lost-a-record-10-3-billion-to-online-scammers-in-2022-fbi-says/
Time Stamp: March 15, 2023 3:55 PM - Modified On: March 15, 2023 - Published By:
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The Federal Bureau of Investigation (FBI) recently released a report that revealed a record-breaking $10.3 billion in losses to online scams in 2022. This is the highest amount of losses ever reported in a single year. The report found that the majority of losses were due to business email compromise (BEC) scams, which involve impersonating a company executive and sending fraudulent emails to employees requesting wire transfers. BEC scams accounted for $3.1 billion in losses, up from $1.8 billion in 2021.Other common scams included romance scams, where scammers pretend to

Mount Laurel Township Board of Education Votes on Proposal to Establish a Cannabis Dispensary at Sage Diner

Source Node: https://zephyrnet.com/mount-laurel-nj-board-votes-on-weed-dispensary-at-sage-diner/
Time Stamp: March 13, 2023 10:09 AM - Modified On: March 13, 2023 - Published By:
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The Mount Laurel Township Board of Education recently voted on a proposal to establish a cannabis dispensary at Sage Diner. The proposal was met with mixed reactions from the community, with some residents in favor of the dispensary and others opposed. The proposal was brought forward by the Sage Diner owner, who argued that the dispensary would bring in additional revenue for the diner and create more jobs in the area. The owner also argued that the dispensary would provide a safe and regulated environment for cannabis users. The Board

CIBC: Canadian Job Numbers Suggest Possibility of Future Bank of Canada Rate Hikes

Source Node: https://zephyrnet.com/canada-job-numbers-offer-plenty-of-reason-for-the-boc-to-leave-the-door-open-to-future-rate-hikes-cibc/
Time Stamp: March 12, 2023 10:11 PM - Modified On: March 12, 2023 - Published By:
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The Canadian Imperial Bank of Commerce (CIBC) recently released a report that suggests the possibility of future Bank of Canada rate hikes. The report, which was based on the latest job numbers from Statistics Canada, indicates that the Canadian economy is continuing to show signs of strength, with job growth in the past year being the strongest since 2002. This is good news for the Canadian economy, but it also means that the Bank of Canada may be forced to raise interest rates in order to maintain economic stability. The

CIBC: Canadian Job Numbers Provide Justification for Bank of Canada to Consider Future Rate Hikes

Source Node: https://zephyrnet.com/canada-job-numbers-offer-plenty-of-reason-for-the-boc-to-leave-the-door-open-to-future-rate-hikes-cibc/
Time Stamp: March 12, 2023 10:11 PM - Modified On: March 12, 2023 - Published By:
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The Canadian economy has been performing well in recent months, and this is especially true when it comes to job numbers. According to the latest report from Statistics Canada, employment rose by an impressive 88,000 jobs in October, the largest increase since March 2012. This is great news for the Canadian economy, and it provides justification for the Bank of Canada to consider future rate hikes. The Bank of Canada has kept its key interest rate at 1.75% since October 2018, and it has been reluctant to raise rates due