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Introduction In an era where global trade dynamics are rapidly evolving, the United Kingdom has a unique opportunity to reposition itself as a non-dollar denominated trading hub for commodities. This vision involves pricing commodities in a new trade settlement digital token, backed by the central banks of G19 countries, excluding the United States. By leveraging
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Life is a journey filled with trials, tribulations, and moments of profound beauty. It is a path we walk knowing full well that it will be punishing, that we will fall in love only to have our hearts broken, and that we will face moments of misery and despair. Yet, it is precisely these experiences
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The World in 2024: A Snapshot for a 16-Year-Old in 2050 Dear Friend, As you navigate your future in 2050, I thought I would write a note to remind you of the lessons of the past and the importance of innovation, cooperation, and sustainability in shaping a better world for future generations. From where I
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I am not sure if most banks in the west want to finance productivity, efficiency and sustainable economic growth. And why do I say that? Well, let’s see, a very large part of the banks’ balance sheet seems to be allocated towards financial market transactions. Be it growth in lending to private equity firms,
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All aspects of human living are now tied to money. The measurement of productivity, success, wellbeing, influence, living standards, power and authority of a society are all interlinked with money. That is our modern society of today, is it not? But how is money created? Perhaps it is time for us to understand the basics
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According to known history, banks as an idea began around 1,800 BC in Babylon. It started replacing moneylenders who would make loans to people. Over time banks, as independent entities became the beacon of trust in society, and started making loans as well as accepted deposits. They also changed money. Modern banking as we know
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There is no denying the fact that, whether it is Microsoft’s Satya Nadella, Alphabet’s Sundar Pichai, along with the top bosses of IBM, Adobe, Palo Alto Networks, VMWare, Twitter and Vimeo, they all have one thing in common, and that is, they are all of Indian descent. And going forward, it is quite likely that,
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According to google, the searches for the word “inflation “ has surged this year globally. Consumers are googling for inflation more than at anytime since 2008. There is no doubt that inflation has become a real cause of pain for families across the world. For example, inflation is costing an average US household an extra
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Growing into an old age is natural and by design. Old is associated with tear and wear of a human body, but the pain and the aching of the physical body that comes with it can be reduced to a very large extent. Science is helping us get there, and over time, through a process
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Our conscious experience is a part of reality. According to integrated information theory, consciousness is a fundamental aspect of reality. In other words, it exists and is structured, specific, unified and definite. Simply put, consciousness could very likely emerge when information moves between the subsystems of an overall system. So therefore, to be conscious, an entity has
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Sony Kumar's BLOG 