Tag Archives: faces

(Bloomberg) — Russia is on course for an economic collapse that will rival or even eclipse the size of the 1998 slump which followed its debt default, although the financial fallout may be less than then. Most Read from Bloomberg Days after President Vladimir Putin ordered troops into Ukraine, economists are starting to publish forecasts for what is currently the world’s eleventh largest economy, even though they warn the outlook is opaque and subject to revision. JPMorgan Chase & Co.’s… Source link

On one hand, they are deliciously creamy, versatile and gloriously Instagram-mable. On the other, they leave an enormous carbon footprint, which hasn’t stopped consumers from slathering them on everything in a way that’s led to a dramatic boost in consumption in recent years. Americans have a “hefty” appetite for avocados — one that’s adding to widespread food price pressures and general scarcity, according to Zhengfei Guan, an associate professor of food and resource economics at the Source link

YANQING, China — Mikaela Shiffrin spent her darkest moments of a dark Olympics staring into a spotlight. At the base of the “Ice River,” the ski slope that felled her, again and again, she’d hop from one television camera to the next, and bare her soul. She’d laugh and cry and probe, searching for proper words, exploring the intricacies of failure. Many people would rather anguish in private. Shiffrin, who anguished more than most at these Games, broadcast her emotional… Source link

“We are an example of the consequences,” said Michal Feix, a former chief executive of Seznam, who now leads its policy and legal work as an outside consultant. Without the new laws, he said, “you just can’t compete.” Google said its success in the Czech Republic was the result of building a superior service. Czechs “choose our products because they help people find the information they’re looking for — and because we make thousands of improvements every year,” Google said… Source link

Quarterbacks always get an outsized share of credit — and blame. That’s especially true in the playoffs. It’s why, heading into the NFL’s wild-card weekend, there is so much focus on the 14 starting QBs, 12 of whom will play this round. It’s a crew that comes in all shapes, sizes and accomplishments. There’s 44-year-old Tom Brady of Tampa Bay, starting his 46th playoff game. There are two 23-year-olds making their debuts (Philadelphia’s Jalen Hurts and New England’s Mac… Source link

A Russian court has fined Google $98 million over its failure to remove content deemed illegal in the country. The 7.2 billion rouble fine is around eight percent of Google’s revenue in Russia, Reuters reports, and comes amid a broader push within the country to exert more control over big tech companies and the content people publish on their platforms. Google tells The Verge it will “study the court documents when they are available and then decide on next steps.” However, a… Source link

Bitcoin (BTC-USD) is down more than 20% from its record high and is set for its fourth straight weekly decline. Crypto bulls, as always, are keeping the faith. That includes MicroStrategy CEO Michael Saylor, who added bitcoin to his company’s balance sheet last year. Since then, he’s been an outspoken advocate. Right now, he doesn’t see many — any? — long-term obstacles to prices going higher. “The only legitimate risk is a black swan – an unknown unknown,” he said in an… Source link

The anti-monopoly regulation unit of the Eurasian Economic Commission has completed an investigation into Russian internet search engine Yandex, reports Vedomosti. The investigation looked at potential abuse of the company’s dominant position in the internet search advertising market. Source link

The logo of Russia’s state communications regulator, Roskomnadzor, is reflected in a laptop screen showing Google start page. May 27, 2021. REUTERS/Maxim Shemetov MOSCOW, Oct 19 (Reuters) – Russia said on Tuesday it would this month seek to fine U.S. tech giant Google a percentage of its annual Russian turnover for repeatedly failing to delete content deemed illegal, Moscow’s strongest effort yet to rein in foreign tech firms. Communications regulator Roskomnadzor said Google had failed to pay… Source link

Following Facebook (FB) whistleblower Frances Haugen’s testimony before the Senate Commerce Subcommittee on Consumer Protection and an outage that prevented users from accessing services, the company’s shares began trading around 3% lower from the previous week on Wednesday.  According to Fitz-Gerald Group Chief Investment Officer Keith Fitz-Gerald, however, Facebook stock might not be as resilient as it has been amid other controversies.  “[Fitz-Gerald Group is] very keen to invest in… Source link