Who buys bonds now? How markets deal with a smaller Eurosystem balance sheet

22 March 2024Federico Maria Ferrara, Tom Hudepohl, Pamina Karl, Tobias Linzert, Benoit Nguyen, Lia Vaz Cruz[1]The Eurosystem is shrinking its balance sheet, which makes more government bonds available for purchase. The ECB Blog looks at how markets are adjusting to this new situation with regard to bond price volatility, liquidity…

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Seyfarth Bolsters White-Collar and Investigations Capabilities with Addition of Partner Matthew Banham in London

LONDON (March 21, 2024) - Seyfarth Shaw LLP announced today the arrival of partner Matthew Banham to the firm’s litigation department, further expanding the firm’s globally recognized white-collar and investigations practice. Banham joins Seyfarth from Dechert, where his practice focused on multi-agency and complex cross-border investigations and prosecutions with an…

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Advancing the new era of work with Copilot, Windows and Surface

At a digital event for commercial customers and partners, we shared an update on how we’re empowering organizations to advance in the new era of work with Microsoft Copilot, Windows, and two new Surface devices that will start to become available in April.    It’s been one year since we first…

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7 historic houses to visit during Easter

If you’re looking for a fun way to spend time with your loved ones over Easter, why not explore one of Britain’s many impressive country houses? Discover the beautiful landscapes and incredible stories while enjoying brilliant Easter activities at these seven historical homes. 1. Dunham Massey, Cheshire Step into the…

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Investing in Espresso

Ethereum’s scalability end-game is all about rollups—potentially thousands or even millions of rollups, each one a mini-ecosystem or an application that is built on top of Ethereum’s bedrock of security. The ideas behind how this can work were first laid out by Vitalik a few years back in his now-famous…

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Shaping tomorrow’s talent agenda for the public sector

Globally, we face major demographic shifts that offer both daunting challenges and transformational opportunities for the future. There are specific ramifications for workforce composition and service delivery in the public sector. In particular, communities are better served when organizations reflect their constituents, paying special attention to the changing needs and…

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Zack Cooper: High Healthcare Costs: Who Pays, Who Benefits

Howie and Harlan are joined by Yale health economist Zack Cooper to discuss his work on surprise medical bills and the impact of high healthcare costs on households, wages, and the economy. Harlan reports on Hippocratic AI’s efforts to develop AI nurses. Howie looks at the global effort to eradicate…

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Azerbaijan – Armenia: Can the South Caucasus Become a Region of Peace?

The multidirectional geopolitical interests of regional and external players, which directly influence the difficult socio-political transformations in the region, keep us from being optimistic about the rapid transformation of the South Caucasus into a zone of peace – even if some document on the normalisation of relations between Baku and…

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AI data drop: The 11-by-11 tipping point

Since we first introduced Copilot to our earliest customers, we’ve been closely studying how people are using AI at work—what’s going well, where there are challenges, and what early behaviors can teach us about adopting and rolling out AI broadly. And we want to share what we’re learning with leaders…

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Investment market update: February 2024

While many economies are still struggling with high inflation there are signs that the pace is starting to slow, which could pave the way for interest rate cuts later this year. To reflect this, the OECD has lifted its 2024 global growth forecast by 0.3%, when compared to the end…

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Hope and optimism on the rise among young people

Overall, this year’s #BeeWell survey results, which analysed data on young people from across all 14 Local Authorities in Greater Manchester, Hampshire, Isle of Wight, Portsmouth and Southampton, found that young people are generally satisfied with their lives. However, there are noteworthy inequalities in life satisfaction, mental wellbeing and emotional…

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Clinical trial underway to treat ultra-rare genetic disease with possible link to leader of mutiny on the Bounty

A clinical trial to look at repurposing the UK-licensed medicine deferiprone for patients with the ultra-rare genetic disease neuroferritinopathy has launched today at the University of Cambridge.Neuroferritinopathy is a progressive and incurable brain disorder caused by changes in a gene that produces a specific protein - ferritin light chain protein.…

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Why it’s Getting Harder for Some Women to Report Harassment

The United Nations Women found that about 1 in every 3 women has been sexually harassed at work. 3 out of 4 of them never report it to a manager, HR or anyone else. Imagine a world where every woman is treated with the respect and dignity she deserves. Unfortunately,…

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Dead Ends of Madness

Alas, the world is on fire. And this fire is only growing. For some reason, it seems that we don’t have enough firefighters. But there are plenty of arsonists. When we look at what is happening in the modern world and reflect on the behaviour of its various elites, it…

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Global Economics Intelligence executive summary, February 2024

Consumers remain upbeat as retail sales in the main economies show steady growth, despite elevated prices (Exhibit 1). Growing sentiment in the US saw the Consumer Confidence Index (Conference Board) rise to 114.8 in January, up from a revised 108.0 in December. By contrast, consumer confidence in Brazil dropped to…

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‘Invisible assistant’ takes notes for clinicians

Stanford Medicine integrates AI-powered listening technology that takes notes for health care providers, allowing them to spend more time with patients and less time on administrative tasks. - By Hanae Armitage Technology that listens to conversations and takes notes allows allows health care providers to focus on the patient rather…

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Return-to-Office Mandates: How to Lose Your Best Performers

Topics Column Our expert columnists offer opinion and analysis on important issues facing modern businesses and managers. More in this series subscribe-icon Subscribe Share Carolyn Geason-Beissel/MIT SMR | Getty Images Recent return-to-office (RTO) mandates like those at UPS and Boeing have a simple message: Come back to the office five…

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Upcoming Client Webinar: Charting the Course: AI’s Influence on Legal Practice and IP Protection

On Wednesday, March 20, Seyfarth attorneys Rebecca Woods, Owen Wolfe, Lauren Leipold, and Puya Partow-Navid will present and Ken Wilton will moderate, the first session of the 2024 Commercial Litigation Outlook webinar series: Charting the Course: AI’s Influence on Legal Practice and IP Protection. Time of the event:1:00 p.m. to…

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A worrying 2 in 5 wealthy individuals have fallen victim to a financial scam

A recent survey reported by Professional Adviser revealed that 2 in 5 wealthy individuals have been the victim of financial crime. Of the 2,000 people with assets worth more than £250,000 who were surveyed, 41% of them reported they had been scammed, with more than a third saying they had…

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CEOs: Consult an Attorney Prior to Amending a “Choice of Law” Provision in a Contract

Most laws in our country don’t tend to differ much between states. In fact, it’s probably accurate to say that a majority of states’ substantive laws don’t differ much at all even though sometimes it may not seem that way because of what the media tends to highlight. On the…

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Fish fed to farmed salmon should be part of our diet, too, study suggests

Scientists found that farmed salmon production leads to an overall loss of essential dietary nutrients. They say that eating more wild ‘feed’ species directly could benefit our health while reducing aquaculture demand for finite marine resources.Researchers analysed the flow of nutrients from the edible species of wild fish used as…

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Bringing AI to the Masses

This conversation is part of our AI Revolution series, which features some of the most impactful builders in the field of AI discussing and debating where we are, where we’re going, and the big open questions in AI. Find more content from our AI Revolution series on www.a16z.com/AIRevolution. CEO of Quora…

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Is AI a Savior or a Peril—or Both?

The wizardry of ChatGPT captured the world’s attention when it was released in 2022 and became the most successful product launch in history. Since then, AI companies and startups have attracted billions in new investments, and the technology has continued to dazzle. Consumer-facing AI programs can now compose love ballads—or…

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Mustafa Suleyman, DeepMind and Inflection co-founder, joins Microsoft to lead Copilot

Satya Nadella, Chief Executive Officer, shared the below communication today with Microsoft employees. I want to share an exciting and important organizational update today. We are in Year 2 of the AI platform shift and must ensure we have the capability and capacity to boldly innovate. There is no franchise…

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UK Introduces Export Controls for Emerging Technologies

On 12 March 2024, the UK Export Control Joint Unit (ECJU) announced that UK export control regulations would be amended to introduce new controls on the export of emerging technologies and provide a number of technical updates. Implemented through the Export Control (Amendment) Regulations 2024, the amendments are set to…

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Seizing opportunities amid the agtech capital drought

As the agriculture technology (agtech) industry adapts to a new normal in fundraising—and a vastly different macroeconomic climate than in years past—investment opportunities are slowly starting to emerge. Instead of waiting on the sidelines for conditions to stabilize, strategic companies and financial investors can use this limited window of opportunity…

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Alternatives to the Dollar: Financial Settlement Mechanisms for a Multipolar World

ROn March 18, 2024, the Valdai Club hosted and expert discussion dedicated to financial settlements within the BRICS. Moderator Ivan Timofeev recalled that, according to the final declaration of the 2023 BRICS summit, the relevant departments of the member countries had to work out possible mechanisms for financial settlements. The…

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Diverse Teams Thrive With Four Elements of Belonging

Learn how to better support neurodiversity, as explained in this excerpt from the forthcoming book The Canary Code. Ludmila N. Praslova March 19, 2024 Reading Time: 12 min  subscribe-icon Subscribe Share Carolyn Geason-Beissel/MIT SMR | Getty Images Jessica is an ace data analyst; her mind excels at seeing connections that…

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March Madness—a Sports Fan’s Dream, a Nightmare for Employee Productivity

Quick Hits The NCAA March Madness men’s and women’s college basketball tournaments can be a distraction for employees that harms overall productivity. The rise of online sports betting has the potential to further increase the distraction of March Madness and raise concerns with gambling regulations and employer policies. From office…

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Microsoft open sources Retina, a cloud-native container networking observability platform

The Microsoft Azure Container Networking team is excited to announce Retina, a cloud-native container networking observability platform that enables Kubernetes users, admins, and developers to visualize, observe, debug, and analyze Kubernetes’ workload traffic irrespective of Container Network Interface (CNI), operating system (OS), and cloud. We are excited to release Retina…

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When It Comes to Climate Regulation, Energy Companies Take a More Nuanced View

Common wisdom holds that oil and gas companies, electric utilities, and other industries known for their large carbon emissions generally oppose clean energy policies. Now, a study of corporate advocacy spanning 30 years reveals that many companies are more flexible than previously thought. When confronted with political, policy, and market…

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Why We Need Co-Conspirators

In our day-to-day work at the Tuck Initiative on Workplace Inclusion, we speak with a lot of leaders across industries about just how much the modern workplace has changed in the past few years. Whether it’s a conversation about return-to-office policies, “quiet quitting,” the impact of generative AI, or employee…

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Customer Data Can Reveal Revenue Fraud at Supplier Firms

Revenue fraud—when a company artificially inflates its revenue to meet investors’ expectations—can wreak havoc on financial markets, which rely on accurate information to function properly. In recent years, scholars have attempted to improve fraud detection methods by using machine learning, statistics, and even vocal emotion analysis software, which analyzes the…

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Cooley Recognized for Three Deals of the Year in China

Beijing, Hong Kong and Shanghai – March 19, 2024 – Cooley was honored for its work on three Deals of the Year in 2023 by China Business Law Journal (CBLJ). The publication noted the firm for deals across three practice areas – including mergers & acquisitions, private equity financing, and…

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Taxes in the Age of Chatbots

ChatGPT, a language program based on artificial intelligence, is currently causing quite a stir. The software delivers answers, poems or programming codes in the blink of an eye. It stands for a new type of hardware and software that not only replace humans in simple tasks but can also increasingly…

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Embrace agility in subscription business to boost customer lifetime value

In part six of our Drive to Subscribe series, we look at the benefits of incorporating agility in subscription business models and how to do so.In today’s digital age, the subscription economy is booming. Digital subscription companies boast a market cap of $14 trillion and the markets are continuously growing.…

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3 Organizations that are Combating Technology-Facilitated Abuse

The reach of technology is astonishingly broad. It’s awesome how it brings us all closer, but when it’s not handled well, it can cause some serious problems too. From monitoring phone conversations to tracking someone’s every move through GPS, access to emails, texts, and even altering messages in transit, technology…

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Better together: Process and task mining, a powerful AI combo

How do you create a superior customer experience while also improving cost efficiency, productivity, and employee experience? The tension between service and cost is a perennial challenge for organizations, and it becomes particularly acute during periods of economic uncertainty. Many companies are finding themselves in such a period right now.…

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Beyond Narcissism: How Leaders Can Avoid the Hubris Trap

Throughout history, leaders have been seduced by success, leading them down a path of hubris. This ancient Greek term, literally translating to "excess", describes a state of exaggerated self-belief andarrogance.An extreme example is Xerxes, king of the Persian Empire. Feeling invincible from past triumphs, Xerxes sought to conquer Greece. However, when…

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The human side of generative AI: Creating a path to productivity

Ever since OpenAI’s ChatGPT exploded into public view in late 2022, the possibilities of generative AI (gen AI) have captured imaginations throughout the business world. When it comes to crafting an effective talent strategy, organizations have focused mostly on how gen AI can increase productivity levels. This is understandable, given…

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