JPMorgan’s Dimon calls credit card interest rate caps a ‘economic disaster’ | Banks News

JPMorgan’s Dimon calls credit card interest rate caps a ‘economic disaster’ | Banks News

JPMorgan Chase CEO Jamie Dimon pushed back on calls by the administration of United States President Donald Trump to cap credit card interest rates, claiming that if Congress follows through, it would result in an “economic disaster”. Dimon made his comments on Wednesday at the World Economic Forum in Davos, Switzerland. Recommended Stories list of…

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Spain train crash death toll rises as nation mourns its worst rail disaster in more than a decade

Spain train crash death toll rises as nation mourns its worst rail disaster in more than a decade

Spain began three days of national mourning on Tuesday for 41 people killed after two high-speed trains collided in the country’s deadliest rail disaster in over a decade.  The collision took place late Sunday when a high-speed train operated by rail company Iryo, travelling from Malaga to Madrid, derailed near Adamuz in the southern Andalusia region….

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AI factories to transform disaster recovery in 2026

AI factories to transform disaster recovery in 2026

In 2026 AI factories will redefine resiliency and disaster recovery. ( Image created using ChatGPT) As artificial intelligence (AI) adoption accelerates across enterprises, 2026 is expected to be a turning point for how organisations design resiliency and disaster recovery. Central to this shift is the emergence of AI factories – purpose-built environments that combine compute,…

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Africa: Excluding Food Systems From Climate Deal Is a Recipe for Disaster

Africa: Indirect Disaster Effects Cost the World Nearly $2 Trillion Per Year, Says UN Secretary-General On International Day

From 1970 until 2000, the costs of disaster averaged $70-$80 billion. Those mainly preventable costs doubled this century to average $180-$200 billion annually, according to a recent report published by the UN Office for Disaster Risk Reduction (UNDRR). Most of the exorbitant costs of disaster are preventable with proper funding and planning –one of the…

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When disaster strikes | ITWeb

When disaster strikes | ITWeb

Ensure your business is not just reactive, but ready. Disasters in business are often unforeseen but never impossible. Whether it’s an IT failure, a cyber attack or extreme weather, recovery doesn’t just happen. It requires planning, preparation and the ability to act decisively. The difference between survival and closure often comes down to one critical…

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Acronis, Metrofile Cloud partner to avail enhanced disaster recovery tech in SA

Acronis, Metrofile Cloud partner to avail enhanced disaster recovery tech in SA

(From left) Jacques Smit, Acronis country manager SA; Steve Porter, MD, Metrofile Cloud; Byron Robertson, GM, Metrofile Cloud; Ronan McCurtin, Acronis RVP Europe, Israel and Africa. Acronis, a global specialist in cyber protection, has named Metrofile Cloud as its premier disaster recovery (DR) partner in southern Africa. The partnership will avail disaster recovery solutions to…

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