‘Crushing’ debt crisis spells development disaster for billions: UN chief

According to a new report by the UN Global Crisis Response Group, entitled A World of Debt, a total of 52 countries – almost 40 per cent of the developing world – are in “serious debt trouble”, Mr. Guterres said, backing calls for them to receive urgent fiscal relief. Last year global public debt reached a record […]

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People in the European Union can’t use Threads, and this is why

New social media network Threads, which launched July 5, continues to break records and cause a global storm as the number of users continues to rise, standing at around one hundred million worldwide.  However, as numbers continue to rise, those living in the European Union have been left out in the cold as various regulatory […]

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Worldline e-Payments Challenge 2023: Revolutionalize Payments

Worldline is back with the 5th edition of the ​e-Payments Challenge, a collaborative and immersive hackathon experience. The Worldline e-Payments Challenge 2023 will span a six-month hybrid journey, combining onsite and online experiences for all participants. Fintech startups will have the chance to explore cutting-edge topics and tackle real-life challenges from Worldline partners. They will […]

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Luxury hotel lease sparks controversy in Jerusalem’s Armenian quarter

The developer who leased a large portion of the Armenian Quarter has presented to the Jerusalem Municipality a concept for a luxury hotel complex that would encompass 10 to 20% of Armenian land with the potential to tack on “adjacent” properties during the duration of the lease. For more stories from The Media Line go […]

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Traders hold for US data as China disinflation risk drags

Wall Street stocks opened slightly higher on Monday while oil prices declined, as investors digested Chinese data that heightened worries of an economic slowdown and looked ahead to a key US inflation report. The Dow Jones Industrial Average rose 0.32% to 33,843.7, the S&P 500 gained 0.18% to 4,406.78 and the Nasdaq Composite added 0.06% […]

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Top UN forum meets to ‘build political momentum’ for SDGs

The ambitious set of objectives agreed in 2015 for people and planet have been derailed by the COVID-19 pandemic and escalating global crises. Since the adoption of the 2030 Agenda the world has undergone significant changes, and progress towards the SDG is falling behind due to financial, energy, food, and humanitarian setbacks exacerbated by geopolitical […]

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Samsung flips the script with new generation of foldable devices

Samsung is set to unveil several new foldable devices during its Unpacked event in Seoul on July 26, the company announced on 5 July. The event in South Korea comes after similar events in New York and Las Vegas in recent years, and the company is expected to unveil several new foldable devices. In the […]

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JCT aims to build largest college campus in Israel for religious women

The Jerusalem College of Technology (JCT) received its excavation permit on Sunday to build the new Tal Campus, which will be dedicated to empowering religious women to get jobs by expanding their education and career opportunities. “JCT is the leading Israeli institution of higher education providing academic training for religious women,” Jerusalem Mayor Moshe Lion […]

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Israel Innovation Authority program aims for printed organs, better mail

The Israel Innovation Authority (IIA) has announced the introduction of a program aimed at propelling technological leadership in three critical sectors: delivery technology, health-tech utilizing Bio-Convergence technologies, and technology solutions for schools and campus security. With a budget of NIS 40 million, the program aims to foster collaboration among companies and technologies within a unique […]

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Israeli EV sales soar in H1 of 2023, surpassing full-year 2022 figures

The Israeli automobile market ended the first half of 2023 with a passing mark only. Although 174,000 directly imported vehicles were delivered between January and June, a respectable total and representing a 10% rise in comparison with the first half of 2022, the market was chiefly closing gaps in supply that arose last year. Were […]

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