Author: Nick Thomas
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US-led tariff battle may bring emerging economies closer together
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As the threat and reality of U.S.-imposed tariffs around the world continue, the increasingly influential group of countries known as the BRICS bloc is also flexing its muscle. What started as the emerging economies of Brazil, Russia, India, China, and South Africa has now become an 11-nation trading and political bloc, with Indonesia becoming the…
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Trump tariffs: Bargaining tool or preface to a global trade war?
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There has been an aspect of “will he, won’t he?” in terms of President Donald Trump introducing long-promised tariffs in recent weeks. It now appears settled that such tariffs are here to stay, at least for now anyway. After a lot of back and forth, the president set 25% tariffs on imports from Mexico and…
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Dismal failures in healthcare system make the US an unsuccessful nation, report says
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The United States is failing to meet one of its main obligations, namely, the health and welfare of its citizens. In doing so, it cannot describe itself as a successful nation. This is the brutal conclusion of a recent Mirror, Mirror 2024: A Portrait of the Failing U.S. Health System report on healthcare across rich…
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FOMO not enough as businesses decide if AI is friend or foe
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While artificial intelligence is not an especially new concept — its first steps can be traced back to the 1950s — the recent all-encompassing focus on it is relatively new. So much so that people are scrambling to make sense of it all and to implement it into work routines. There’s a certain fear of…
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Tour operators turn to the less obvious as mass tourism backlash grows
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Cruise ships turned away, angry locals protesting against visitors, even cities charging tourists to visit. The images and reality of the backlash against mass tourism are becoming increasingly familiar. Whatever the reasons behind such mass tourism — the ability to book independently online, improvements in infrastructure and communications such as cheaper airline travel, and pent-up…
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Planned Texas stock exchange may offer competition, but will it work?
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Texas is, by some criteria at least, the eighth largest economy in the world, sandwiched between France and Brazil, with a gross domestic product of approximately $2.3 trillion. The Lone Star State is also second only to California in hosting the headquarters of Fortune 500 companies, equaling New York as of 2024. Now, some investors…