By Shubhendra Anand, 20 April, 2023

China is in the spotlight on providing bilateral emergency loans, a new report found by the AidData research lab at Virginia's College of William and Mary. This is usually a non-transparent practice o the Chinese. The researchers also identified those 22 countries that were bailed out by the Chinese loans when they ran into liquidity problems between 2000 and 2021.

According to the reports, the countries utilized these loans for many years. They rolled over their loans into the subsequent years, including countries like Pakistan, Argentina, Mongolia, and Sri Lanka. The report says the latter country even tapped China's central bank for the first time in 2021 before it defaulted on its debt in 2022. Mongolia and Argentina were also…

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By Aarti Dhapte, 19 April, 2023

The leading smartphone manufacturers in the world- Samsung, Apple, Huawei, and Xiaomi together make up a global market share of more than 50 percent. Despite being the most used and brought brands worldwide, specific home turf challenges remain, as the studies have proven.

According to the reports, Apple is the most used in Canada and the United States. Also, Samsung has a significant market share at home in South Korea. Together Xiaomi and Huawei reach 43 percent in China.

In South Korea, 66 percent of people interviewed said that their leading smartphone is Samsung. With this, Samsung ranks highest in the survey. The Korean manufacturer Samsung with 37 and 42 percent, respectively, has a strong showing in Germany and Brazil as their…

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By Snehal Singh, 19 April, 2023

The World Tea Conference and Expo is one of the largest annuals gathering of the global tea industry. Recently it took place in Las Vegas for the year 2023 in the month of March. By bringing together merchants, suppliers and other professionals in the industry, World Tea Expo welcome the guests and speakers along with the exhibitors from all corners of the world. This included China, India, Japan, Sri Lanka and as well as Kenya.

According to the reports, the disposable incomes of consumers has allowed the tea manufacturers to introduce premium as well as health-oriented products. Even they are adding healthy ingredients to their organic tea formulations so as to get some benefits for common health conditions like obesity, diabetes, heart…

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By Aarti Dhapte, 18 April, 2023

The growing market of Artificial Intelligence text-based applications like ChatGPT or text-to-image like DALL-E 2 and Stable Diffusion have quickly turned into the new digital frontiers as said by some reports regarding regulations and legal and privacy issues online. The national governments are finding it challenging to keep up with the pace. Also, the companies are shifting blame to individual users as well.

As reported, some malicious actors are committing criminal offenses and spreading misinformation aided by the capabilities of generative AI. Over 17,000 people were surveyed across 17 countries. The reports found that only one-third of respondents have very high or complete confidence in governments regarding the regulation and…

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By Anshula Mandaokar, 18 April, 2023

In the U.S., generating electricity from wind turbines has become more prevalent. This has even surpassed the hydropower electricity generation reports of 2019. With this, wind power is the country's largest single renewable energy source. According to the U.S. Energy Information Administration, it is followed by hydroelectricity and solar power.

According to the reports, Hydropower has remained a regular part of the U.S. Energy Information Administration. Also, Hydropower has always remained a normal part of U.S. electricity generation, as solar power and wind – are created in the electric power sector. Also, the number of citizens and other commercial actors has snowballed over the past two decades.

The survey reports prove that…

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By Anshula Mandaokar, 17 April, 2023

Renewable resources have become more important in the United States nowadays. Electricity was generated from renewable sources over one year compared to coal in the U.S.

According to the reports, renewable energy sources generated more than 900 terawatt-hours of electricity in the U.S., whereas 800 terawatt-hours came from coal. Globally, changes are coming, and renewables are supposed to outweigh coal electricity generation by 2027.

The reports show that coal accounted for more than 2000 terawatt hours of electricity in the United States until 2007. But graph began to decline as regulations around fossil fuels limited the emissions of toxic elements and carbon intensity. Again, natural gas's electricity generation increased as it…

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By Aarti Dhapte, 17 April, 2023

The Top Three Cloud Services Provider Accounted For 65% to Total Cloud Spend in Q4 2022   

The studies have recently surveyed nearly 600 C-suite and IT decision-makers in the UK. And the United States examines how the current global economy is impacting the priorities of IT. The survey was done with a primary focus on improved cloud cost management and to tackle the reduction of technical debts.

The survey revealed that despite 93 percent of Chief Information Officers (CIOs) expecting the budget of IT to increase in 2023. But 83 percent of CIOs also said they are under great pressure to make their budgets stretch more than before.

According to the survey reports, 72 percent of CIOs admitted they are behind the digital transformation due…

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By Rahul Gotadki, 14 April, 2023

Viagra has been approved by the U.S. Food and Drug Administration (FDA) to treat male erectile dysfunction. Initially, it was used for hypertension, high blood pressure, and chest pain associated with coronary heart disease.

According to the reports, sildenafil is the generic drug name, later marketed as Viagra. It has been found to induce penile erections sometimes during clinical trials; after that, Pfizer decided to study and sell the drug for erectile dysfunction too. As per the reports, Pfizer's drug became an instant success reaching above $1 billion in global sales in its second year.

North America is the largest region in the erectile dysfunction (ED) drugs market in 2022.Middle East is expected to be the fastest growing region in…

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By Garvit Vyas, 14 April, 2023

Rule of law is one of the main criteria with which societies and states are measured in terms of their governance functionality. The Rule of Law Index by the World Bank, Finland has been ranked highest, and Venezuela ranked lowest in 2021 when it discusses the quality of the rule of law.

The reports reveals, 4.4 billion people live in such countries where rule of law is declining. According to the reports, the index is based on a survey on the meta-analysis of different data points measuring a country's actual rule of law. If we take an example of the prevalence of crime and violence, the strength of contract enforcement and property rights or trust in police and courts. New Zealand and Singapore are ranked among the top 5 countries and…

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By Aarti Dhapte, 13 April, 2023

In the last few decades, PC games have come a long way. Most titles are framed to be played with a keyboard and mouse. Also, some of the ported console games and racing stimulators can be enjoyed using a controller. Some of the best gamepads with different price segments are discussed here.

Redgear Pro Wireless gamepad features wireless connectivity up to 10 meters with a battery life that lasts up to ten hours upon a single charge. It even comes with illuminated keys, and a turbo mode allows players to shoot weapons in bursts.

With a tight budget, the RPM Euro Games controller is the best choice. The gamepad comes with a long wire and also has dual vibration motors. It is budget-friendly, which makes it the most rated.

PowerA Enhanced…

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By Shubhendra Anand, 12 April, 2023

Credit Suisse was already struggling with a loss of confidence from the clients even before the fall of Silicon Valley Bank and Signature Bank. After many following scandals and investment failures, the Swiss banking economy suffered a huge outflow of assets and deposits under the management in 2022. This happened mostly in the fourth quarter of 2022 while forcing the Swiss group to utilize the liquidity buffers partially.

The concerns over the bank’s stability and efforts for restructuring, clients already withdrew billion dollars in the first few weeks of October. Thus, it resulted in a CHF 138 billion or $149 billion decline in customer deposits by the end of the quarter.

According to the reports, the assets under the management also…

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By Aarti Dhapte, 12 April, 2023

With the advancement in technology day by day, people are adapting new schemes and techniques to cope with the current on-going scenario. E-shopping or buying products online provides customers with a wide range of variety of things to choose from. Like products, the modes of payment have also been easier these days with different portals. And different portals also offering different schemes as well.

According to the reports, the millennials of the United States emerge out as the “BUY NOW,PAY LATER” group. The people born between 1980 and 1994, 56 percent among them say they use online schemes which allows to pay later several instalments with interest free goods and services.

The survey data also says, PayPal is mostly used to provide…

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By Garvit Vyas, 11 April, 2023

There is again a rise in the inflation rate in the United Kingdom. U.K. inflation (CPI) hit 10.4 percent in February, while it was 10.1 percent in January. It is 0.5 points higher than the percentage scientists expected. And for the seventh time, the measure of inflation has been in double digits.

The rate has been going down each month since November 2022, but a jump of 0.3 percent in February came as somewhat of a shock. According to the reports, food items and drinks prices have risen the fastest since 1977. Data shows the Bank of England expects to raise rates by 25 bps to 4.25 percent.

The rise in inflation was in contrast to the fall of the U.S. CPI rate 6 percent in the 12 months up to February. The report says the inflation in the…

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By Shubhendra Anand, 11 April, 2023

In spite of many turbulences in the banking sector, the Federal Reserve System in the U.S. decided to stay the course and keep raising the interest rates in its fight against inflation. In a two-day meeting of the Federal Open Market Committee (FOMC), Fed chairman Jerome Powell said that a modest 0.25 percent hike is bringing the target range for the federal funds' rates to 4.75 percent to again 5 percent. It is the highest level since 2007.

According to the reports in the latest economic projections, Fed expects economic growth to be slightly slower in 2023, and the inflation slightly higher than they predicted in December 2022. It has been forecasted that raising interest rates to be 5.1 percent by the end of 2023 before coming down to…

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