Risky commercial real estate investments are getting squeezed as the market collapses
CLO distress rates skyrocketed over 440% in the 12 months ahead of January, according to a CRED iQ report.
Month: March 2024
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The biggest lottery win in every state
A California man just won $1.765 billion in the second-largest Powerball drawing ever, but he’s not even the biggest lottery winner from his state.
Baby giraffe dies of broken neck at zoo
A baby giraffe at a zoo in Florida has died after suffering a broken neck.
Ukraine wants Australia to censor ‘pro-Putin’ documentary
Kiev’s ambassador in Canberra has denounced a British film showing the Russian side of the conflict as “a bowl of vomit” Read Full Article at RT.com
2,000% surge in luxury car sales to ex-Soviet republic ‘not about Russia’ – UK auto lobby
A UK carmakers’ group says a growth in exports to Azerbaijan has nothing to do with bypassing Russia-related sanctions Read Full Article at RT.com
North-Eastern agricultural projects in Gash Barka
Barentu, 19 March 2024 – The North-Eastern agricultural projects in the Gash Barka Region are making a significant contribution to the socio-economic development of the area, as reported by Mr. Gebrekal Arenyas, the manager of the agricultural projects at the Livestock and Crops Corporation. Mr. Gebrekal highlighted that the agricultural projects in Kerkebet, Afhimbol, Molober,…
Elon Musk says AI could be smarter than all of humanity in 5 years. Meta’s AI chief thinks otherwise.
Yann LeCun rejected Elon Musk’s claim that AI could be cleverer than humans before the decade is out, and took a swipe at self-driving Teslas too.
Customers asked to return $40 million after a bank glitch let them take out more money than they had, report says
An Ethiopian bank is scrambling to recover more than $40 million withdrawn or transferred by customers amid technical issues, local reports said.