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Global Household Wealth Experiences a Setback, but Future Growth Remains Promising
In a surprising turn of events, global household wealth faced a decline last year for the first time since the 2008 financial crisis. Factors such as inflation and the appreciation of the U.S. dollar resulted in a substantial loss of around $11.3 trillion in assets. However, while North American and European households bore the brunt
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The Controversy Surrounding Quran Burning in Sweden and Denmark: A Delicate Balancing Act
On Monday, outside Stockholm’s Royal Palace, two individuals reignited an ongoing debate by burning a copy of the Quran. Salwan Momika, 37, and Salwan Najem, 48, set the Islamic holy book on fire as counter-protesters implored them to “extinguish their hate.” This act has intensified the discussion in both Sweden and Denmark, as they grapple
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The Costly Consequences of India’s Internet Shutdowns
For nearly three months, the Indian state of Manipur grappled with violent clashes between Hindu Meitei and Christian Kuki-Zo tribes. However, when a distressing video emerged in mid-July, capturing the public humiliation of two Kuki women by armed Meitei men, the incident garnered global attention and forced the Indian government to break its silence. Experts
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Domestic Workers in Indonesia Demand Legal Safeguards: The Urgent Need for the Domestic Workers’ Protection Bill
Empowering over 4 million domestic workers, Indonesia’s household service sector has long been a vital source of employment. However, these workers, predominantly women, have faced a distinct lack of legal protections and are exposed to various forms of discrimination and violence. With the hope of achieving long-overdue reform, domestic workers across major cities in Indonesia
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Rising Violence in Ecuador Takes Toll on Political Leaders
In recent weeks, Ecuador has witnessed an alarming surge in violence, leaving the nation in a state of shock and mourning. Tragically, the lives of three political leaders, including a presidential candidate, have been abruptly cut short. The most recent victim, Pedro Briones, a local leader of the Revolución Ciudadana party, was fatally shot in
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China Paves the Way with New Regulations for Artificial Intelligence
Beijing is taking significant strides in regulating artificial intelligence (AI) services to ensure a balance between state control and the development of globally competitive Chinese companies. With the implementation of 24 guidelines, the Chinese government aims to establish mandatory registration and security reviews for AI platform providers before their services are introduced to the market.
The Business Press 