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America's Debt Dilemma: Straining the US Economy
The increasing US debt is a growing concern for many economists and policymakers. The debt has been growing steadily for decades, and it now stands at over $30 trillion. This is a significant amount of debt, and it is putting a strain on the #USeconomy.
There are a number of reasons for the increasing US debt. One reason is the cost of wars in Iraq and Afghanistan. The US has spent trillions of dollars on these wars, and this has added to the debt. Another reason for the increasing debt is the aging population.
Today's Headline in NewsHours
0:00 Intro
2:48 Apple signs multi-billion-dollar deal with Broadcom
3:15 #Microsoft offering Bing as a default search engine for ChatGPT users
3:47 #NSE, BSE asked by NCLT to review approvals for Zee-Sony merger
4:16 Supreme Court invites bids to set up AI system for transcribing court proceedings
4:50 Blackstone in talks with Microsoft, Amazon to build data centres in India
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America's Debt Dilemma: Straining the US Economyoleh VARINDIA | 84 dilihat
De-dollarisation - a threat to the US
De-dollarisation refers to countries reducing reliance and replacement of the U.S. dollar by other currencies as the global reserve currency. The global de-dollarization campaign is gaining momentum, as countries around the world seek alternatives to the hegemony of the US dollar. De-dollarization can have both positive and negative impacts on the United States.
China, Russia, Brazil, India, ASEAN nations, Kenya, Saudi Arabia, and the UAE are now using local currencies in trade. On the positive side, de-dollarization can increase financial stability by reducing the dependence of other countries on the U.S. dollar, which can make them less vulnerable to fluctuations in the U.S. economy. Additionally, de-dollarization can encourage countries to diversify their reserve currencies, which can lead to a more stable international monetary system.
On the negative side, de-dollarization can reduce the demand for U.S. dollars, which can lead to a decline in the value of the dollar and increase the cost of borrowing for the United States. Additionally, if other currencies such as the euro or the Chinese yuan gain in popularity as an alternative to the dollar, it could erode the U.S. role as the dominant global economic power and diminish its ability to influence international economic policies.
Today's Headline in NewsHours
0:00 Intro
2:55 iPhone maker Wistron to shut down India business after 15 years
3:25 #Google rolls out 'blue tick' feature for Gmail as a new security initiative
3:55 #GoAirlines files for bankruptcy with NCLT
4:22 #Shipments worth ₹3,000-5,000 cr stuck at ports due to Customs IT glitch
4:55 #Zoho integrates ChatGPT into its applications
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IT spending in SMB
Small and medium-sized businesses (SMBs) are increasingly recognizing the importance of technology for their operations and competitiveness. According to various reports, SMBs are expected to increase their IT spending in the coming years. The exact figures will depend on various factors such as the size of the business, industry, and market conditions.
IT spending by small and medium-sized businesses will grow at a CAGR of 7.2% during the period between 2022 and 2027, Says MB Technology Forecaster, Analysys Mason.
As per Gartner, the IT spending will remain strong, even as many countries are projected to have near-flat gross domestic product growth and high inflation in 2023. Prioritisation will be critical as CIOs look to optimise spend while using digital technology to transform the company’s value proposition, revenue and client interactions.
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IT spending in SMBoleh VARINDIA | 71 dilihat
Golden time for the e-commerce growth with shopping spree beginning
#RBI #RelianceCapital #Cryptocurrency
Festivities brings a golden field of opportunities e-com biz
The holiday and wedding season is one of the most rewarding times for e-commerce owners in terms of increasing overall sales. With dedicated budgets for gifting their loved ones during festivities, people are always on the lookout for great deals and offers, to go easy on their pockets. With the change in buying behaviour of customers due to the pandemic, people have become more comfortable making purchases online. Many find it more convenient to shop online because of the expansive range of products that are delivered at home with a single click. Since the enforcement of lockdowns from March 2020, e-commerce spending has grown beyond expectations. The Indian e-retail market is ready to reach 300 to 350 million shoppers over the next four years, driving the online Gross Merchandise Value to 100 to 120 billion dollars by 2025. With the pandemic transforming business forever, there is a large focus on experience-driven e-commerce as consumers are placing a lot of their attention online, especially during festivities. It has now become essential for offline retailers and new e-tailers to begin planning right away by improving their online presence and website experiences to increase conversion rates during festive days. As per GoDaddy’s report, Technology being the backbone of e-commerce, not only helps in effective customer service management, but can also enhance search, customization, and personalization, which are crucial for the success of e-commerce today. Here are a few tips on how to use technology to help boost your online business sales this holiday season. Keeping in mind customers’ behaviour change and preference for digital, businesses are progressively opening online stores to sell their products and services. Tier 1 cities and metros are no longer the dominant focus of e-commerce, with people from smaller cities and towns increasingly comioleh VARINDIA | 55 dilihat
NCLT admits insolvency plea against Jet Airways
The National Company Law Tribunal (NCLT) on Thursday admitted the State Bank of India's insolvency plea against the now-grounded Jet Airways. The Mumbai bench of the tribunal has directed the Insolvency Resolution Professional (IRP) to make efforts to resolve the matter within three months, given it is of national importance.
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ArcelorMittal bags Essar Steel as NCLT Ahmedabad clears Rs 42,000 cr takeover bid
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National Company Law Tribunal (NCLT) Amedabad bench today cleared ArcelorMittal's Rs 42,000 crore resolution plan for Essar Steel takeover. ArcelorMittal, which has been engaged in a drawn-out attempt to acquire Essar Steel since 2017, had made a Rs 42,000 crore offer for the bankrupt Essar steel.
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Watch ArcelorMittal bags Essar Steel as NCLT Ahmedabad clears Rs 42,000 cr takeover bid With HD Qualityoleh The Economic Times | 504 dilihat
Setback to Ruias: NCLT rejects Essar Steel promoter’s settlement bid
The Economic Times | A Times Internet Limited product
In a setback to Ruia's, the Ahmedabad bench of the National Company Law Tribunal today has rejected the settlement offer by Essar Steel Ltd.’s promoters, the Ruia family. The ruling comes amid Arcelor Mittal's argument that Ruia's offer violated IBC. Essar Steel will now approach NCLAT. The tribunal also said that there is no illegality in decision taken by committee of creditors on selecting ArcelorMittal.oleh The Economic Times | 2130 dilihat
Unggulan Saluran
Unggulan Video
Ex-PAK captain Inzamam accuses India, Rohit delivers a Sherlock-worthy explanation.
Is this the 'Reverse Swinging Away'?
Ex-PAK captain Inzamam accuses India, Rohit delivers a Sherlock-worthy explanation.
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Ex-PAK captain Inzamam accuses India, Rohit delivers a Sherlock-worthy explanation.oleh CricTracker | 6312 dilihat
Haryana News: CM Nayab Saini ने अधिकारियों को सुधरने की क्यों दी नसीहत? बोले- वरना हम सुधार देंगे
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हरियाणा के मुख्यमंत्री नायब सिंह सैनी ने प्रदेश के अधिकारियों को चेतावनी देते हुए कहा कि वो अपनी कार्य प्रणाली में सुधार करें नहीं तो वह सुधार कर देंगे। उन्होंने कहा कि अगर गरीबों को चक्कर काटने पड़े तो अधिकारी के भी उतने ही चक्कर कटवा दूंगा।
Haryana News: CM Nayab Saini ने अधिकारियों को सुधरने की क्यों दी नसीहत? बोले- वरना हम सुधार देंगे | BJP
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Kalki 2898AD Pre Release Event Mumbai - Prabhas, Deepika Padukone, Amitabh Bachchan & Kamal Haasan
Kalki 2898AD Pre Release Event Mumbai - Prabhas, Deepika Padukone, Amitabh Bachchan & Kamal Haasan
#kalki2898ad
Kalki 2898AD Pre Release Event Mumbai - Prabhas, Deepika Padukone, Amitabh Bachchan & Kamal Haasanoleh BOLLYWOOD FLASH | 5648 dilihat
नोएडा, गुरुग्राम और फरीदाबाद में भारी बारिश से सड़कें लबालब, अंडरपास में पानी भरने से आवाजाही बाधित
Delhi-NCR Rain : नोएडा, गुरुग्राम और फरीदाबाद में भारी बारिश से सड़कें लबालब, अंडरपास में पानी भरने से आवाजाही बाधित
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Anurag Kashyap unfiltered on Actor's Entourage, Tantrums and Demands on film sets
In this video, Anurag Kashyap reveals the negative impact of actors' high pay, entourages, and unreasonable demands on the film sets. He highlights the need for producers and agents to set boundaries and for actors to be more cost-conscious to improve the industry's overall health. Anurag also explains how Salman Khan, Aamir Khan and Shah Rukh Khan never take fees from the producers which reduces the movie production cost hence helping the filmmakers. He also discusses how Amruta Subhash's agent demanded a lot of things which made him furious and he went on to replace the actress. Check out the video to know more.
#anuragkashyap #salmankhan #srk
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Anurag Kashyap unfiltered on Actor's Entourage, Tantrums and Demands on film setsoleh Bollywood Bubble | 6503 dilihat
JUD ने कर दिया इशारा, B JP के साथ होगा खेला | Nitish Kumar | Alliance India | Lalan Singh |#dblive
JUD ने कर दिया इशारा, B JP के साथ होगा खेला | Nitish Kumar | Alliance India | Lalan Singh |#dblive
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Who do you predict will be the leading run-scorer in the T20 World Cup 2024?
Who do you predict will be the leading run-scorer in the T20 World Cup 2024?
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Who do you predict will be the leading run-scorer in the T20 World Cup 2024?oleh CricTracker | 6687 dilihat