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Month: November 2023

Vietnam’s Rare Earth Sector on the Rise

11/30/2023 RanIT

Vietnam, with the world’s second-largest reserves of the rare earths used in such modern devices as electric vehicle batteries and smart phone screens, is intensifying mining of the critical minerals.…

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White House Hopes to Lead Global Charge in ‘Promise, Peril’ of Emerging Tech Like AI

11/30/2023 RanIT

American leadership is essential in establishing norms and laws to “determine how we both glean the promise and manage the peril” of emerging technologies like artificial intelligence and digital economic…

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Ukraine Businesses Pivot to New Military Technology Production

11/29/2023 RanIT

Since the start of Russia’s full-scale invasion of Ukraine, drone production in the country has surged. Ukrainian businesses have shifted from manufacturing products for peacetime to producing equipment for wartime.…

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Biden Takes ‘Bidenomics’ to Colorado, Hits ‘MAGA’ Republicans

11/29/2023 Ranbiz

U.S. President Joe Biden on Wednesday will tout his “Bidenomics” agenda, contrasting his economic vision with that of so-called “MAGA” Republicans, in remarks at CS Wind, the world’s largest wind…

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US Imposes Sanctions on Cryptocurrency Mixer Sinbad Over Alleged North Korea Links

11/29/2023 RanIT

The United States on Wednesday imposed sanctions on a virtual currency mixer the Treasury Department said has processed millions of dollars worth of cryptocurrency from major heists carried out by…

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Is AI About to Steal Your Job?

11/28/2023 RanIT

Almost all U.S. jobs, from truck driver to childcare provider to software developer, include skills that can be done, or at least supplemented, by generative artificial intelligence (GenAI), according to…

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Shoppers Click ‘Buy’ As Retailers Slash Prices Ahead of Cyber Monday

11/26/2023 Ranbiz

Holiday shoppers in the U.S. are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third…

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Russian Consumers Feel Themselves in a Tight Spot as High Inflation Persists

11/24/2023 Ranbiz

The shelves at Moscow supermarkets are full of fruit and vegetables, cheese and meat. But many of the shoppers look at the selection with dismay as inflation makes their wallets…

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US Retailers Offer Big Deals for Black Friday, but Will Shoppers Spend?

11/24/2023 Ranbiz

Expect big discounts and other enticements to lure shoppers to stores for Black Friday. But retailers worry those may not be enough. Consumers are coming under pressure as their savings…

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Asian Shares Mostly Lower, with Markets in Japan, US Closed

11/23/2023 Ranbiz

Shares were mostly lower in Asia on Thursday after a modest advance on Wall Street that kept the market on track for a fourth straight weekly gain. Markets in Japan…

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US Envoy Focuses on Cyberscams During Cambodia Visit 

11/23/2023 RanIT

Cindy Dyer, the U.S. ambassador-at-large for monitoring and combating trafficking, is planning to push Cambodia’s new government to ramp up its efforts to crack down on cyberscam operations that trap…

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Nigeria Hopeful of Economic Boom Following Investment Deals

11/22/2023 Ranbiz

Nigerian President Bola Tinubu is welcoming new trade agreements with Germany, including a deal that calls for the West African nation to export liquid natural gas. The signing Tuesday of…

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Altman Back as OpenAI CEO Days After Being Fired

11/22/2023 RanIT

The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry and brought attention…

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Largest Crypto Exchange Fined $4 Billion; CEO Pleads Guilty to Allowing Money Laundering

11/22/2023 RanIT

The U.S. government dealt a massive blow to Binance, the world’s largest cryptocurrency exchange, which agreed to pay a roughly $4 billion settlement Tuesday as its founder and CEO Changpeng…

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Iran Lawmakers Pass Bill Raising Retirement Age for Men

11/22/2023 Ranbiz

Iranian lawmakers have approved legislation raising the retirement age for men to 62 and increasing the years of employment required to qualify for a full pension, state media reported. The…

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Newly Assertive Central Asia Rejects ‘Russia’s Backyard’ Label

11/21/2023 Ranbiz

Kazakhstan President Kassym-Jomart Tokayev bewildered Vladimir Putin and his entourage when, during a November 9 briefing in the Kazakh capital, he addressed the visiting Russian president in his native tongue.…

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Argentine Markets React With Optimism to Milei Election

11/21/2023 Ranbiz

Argentina’s stock market reacted with optimism Tuesday to the resounding election win by libertarian Javier Milei, despite the country being gripped by uncertainty over what changes the self-described “anarcho-capitalist” will…

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Kenya Asks for a Billion-Dollar Loan from China

11/21/2023 Ranbiz

Kenya is struggling to repay a massive debt owed to China for the construction of the Standard Gauge Railroad that links the Kenyan cities of Mombasa and the capital, Nairobi.…

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These US States Have the Most Remote Workers

11/21/2023 RanIT

More people work from home in Colorado, while Mississippi has the lowest percentage of teleworkers …

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Solar Panels Over Canals in Gila River Indian Community Will Help Save Water

11/21/2023 RanIT

In a move that may soon be replicated elsewhere, the Gila River Indian Community recently signed an agreement with the U.S. Army Corps of Engineers to put solar panels over…

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Microsoft Hires Sam Altman as OpenAI’s new CEO Vows to Investigate Firing

11/20/2023 RanIT

Microsoft snapped up Sam Altman and another architect of OpenAI for a new venture after their sudden departures shocked the artificial intelligence world, leaving the newly installed CEO of the…

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Lawmakers, Companies Set New Rules for AI-Generated Political Ads

11/20/2023 RanIT

As the 2024 U.S. presidential race begins to ramp up, some contenders are already using artificial intelligence to generate promotional videos, some of which blur the lines between what is…

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Space Tracking Helps Australia Monitor, Manage Feral Buffalo Herds

11/19/2023 RanIT

Indigenous rangers in northern Australia have started managing herds of feral animals from space. In the largest project of its kind in Australia, the so-called Space Cows project involves tagging…

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Cuban Private Grocery Stores Thrive, But Few Can Afford Them

11/19/2023 Ranbiz

Until recently, the space was the one-car garage of a private home in Cuba’s capital, Havana. Today, it is a well-stocked, if small, grocery store whose big board at the…

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Sugar Prices Rise Worldwide after Weather Damages Crops in Asia

11/19/2023 Ranbiz

Skyrocketing sugar prices left Ishaq Abdulraheem with few choices. Increasing the cost of bread would mean declining sales, so the Nigerian baker decided to cut his production by half. For…

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Artists Push for US Copyright Reforms on AI, But Tech Industry Says Not So Fast

11/19/2023 RanIT

Country singers, romance novelists, video game artists and voice actors are appealing to the U.S. government for relief — as soon as possible — from the threat that artificial intelligence…

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