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proytec · 7 hours
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FRANCE ALARMS THE MARKETS
French markets collapsed when President Emmanuel Macron decided to call elections, giving investors another reason to abandon national securities.
In recent economic developments, France has raised concerns in global financial markets. On June 14th, it was a black Friday for the stock exchanges of Milan and Paris, with a spread alarm for Italy and France, exacerbated by the Le Pen nightmare. The banking sector’s shares remained in the spotlight after a strong correction in the previous session. Moreover, since 2023, France has been…
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proytec · 2 days
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LET'S TALK ABOUT WORK AND INCOME
LET'S TALK ABOUT WORK AND INCOME With the rise of automation, shifts in labor markets, and many wages being too low, unemployment will increase, making Universal Basic Income necessary to ensure stability and dignity for all.
Photo created by Copilot In a rapidly evolving world, the concept of work and its relationship with income are undergoing significant transformations. Businesses face a paradoxical shortage of workers, while unemployment continues to rise, bringing with it an increase in crime. This situation raises fundamental questions about the sustainability of current economic models and the need for…
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proytec · 5 days
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IS A FINANCIAL AND CURRENCY EARTHQUAKE ON THE HORIZON?
Could a Currency earthquake be triggered? Everything suggests that the effects of the decisions and actions of Saudi Arabia, China, India and Russia will be felt in the coming months.
Saudi Arabia has announced that it will no longer use the US Dollar for oil sales and will not renew its 50-year agreement with the United States, as reported by Globe Eye News. This decision could have significant implications for the global economy and the value of the US Dollar. The news has sent shockwaves throughout the global economy and sparked discussions about the implications of this…
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proytec · 7 days
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SUSTAINABLE TRANSITION GREEN HYDROGEN
CONFERENCE ORGANIZED BY AISTA AMBIENTE IN WHICH THE PROYTEC GROUP PARTICIPATED Rome, on June 14, 2024 Green hydrogen represents an innovative frontier in the renewable energy landscape.
CONFERENCE ORGANIZED BY AISTA AMBIENTE IN WHICH THE PROYTEC GROUP PARTICIPATED In the Photo from Left to Right : Geom. Massimo Castagnoli, Vice President and Head of Green Energy and Industrial Efficiency Division PROYTEC – Baron Marco Talacchia’s Wife – Baron Marco Talacchia, Entrepreneur – Dr. Cristina Di Silvio, Public Relations Director PROYTEC, Muhammad Tehmid Aqdas Ahmed, Entrepreneur –…
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proytec · 9 days
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US INFLATION: UNEXPECTED DIP, A SIGN OF CRISIS?
US : while inflation appears to be slowing, there are concerns that the economy may be on the brink of a slowdown.
The US economy is exhibiting mixed signals that are capturing the attention of analysts and investors alike. Recently, inflation data has taken the market by surprise, showing a decrease despite predictions of a possible increase. This phenomenon has raised questions about a potential slowdown in the American economy. In May, US inflation showed a slight slowdown, with consumer prices…
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proytec · 10 days
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THE STATE IN THE ERA OF FINANCE CAPITALISM
Can politics, understood as the administration of public affairs, regain the governing power it has lost to the market to rebalance the economy, freedom, and social justice?
In the current global economic landscape, the relationship between politics and economics has been subjected to relentless tension. Traditionally, the State has acted as a fair arbiter, ensuring that the economy was governed by political principles aimed at guaranteeing emancipation and equal opportunities (1). However, the growing influence of finance capitalism has led to a reconsideration of…
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proytec · 11 days
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AI: TOWARDS THE EXTINCTION OF HUMANITY?
Until there is effective government oversight of AI companies, current and former employees are among the few people who can hold them accountable to the public. But stringent confidentiality agreements prevent them from making their concerns known.
In recent days, a group of employees from leading AI companies drafted an open letter that highlights the existential risks associated with artificial intelligence technologies. The letter, which has drawn the attention of various media, raises concerns that if not properly managed, AI could pose a threat to the survival of humanity. The open letter, as reported by several news sources,…
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proytec · 12 days
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THE FUTURE OF SOCIAL NETWORKS
Emerging and spreading, social networks based on blockchain and open source offer greater privacy and data control, but may present challenges in content moderation and usability for the average user.
Decentralization and Open Source We have become accustomed to exchanging thoughts, ideas, and moments of our daily lives through Social Networks. These platforms have become an integral part of our social fabric, influencing not only the way we interact but also how we inform ourselves and form our opinions. Companies have quickly grasped the importance of Social Networks as a vital tool for…
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proytec · 14 days
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TECH TRAP : MODERN PARADOX
Increased energy efficiency can lead to an overall increase in energy consumption. This is because lower operating costs make the technology more accessible and widespread, canceling out the initial energy savings benefits.
In the digital age, we are witnessing an unprecedented explosion of technological innovations. Every day, new technologies emerge with the promise of making our lives easier, more efficient, and sustainable. However, as we move towards an increasingly technological future, significant contradictions regarding energy consumption come to light. On one hand, technology has the potential to…
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proytec · 15 days
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PROYTEC GROUP IN ITALY
COMMITMENT AND INNOVATION AT THE GREEN HYDROGEN CONFERENCE ITALIAN The PROYTEC GROUP, and PROYTECPANAMA CORP., known for their commitment to sustainable technological solutions, will participate in the conference “GREEN HYDROGEN: SUSTAINABLE TRANSITION“, an important event that will be held on June 14, 2024, in Italy, in Rome, at the prestigious Sala della Regina of the Chamber of…
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proytec · 15 days
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IL GRUPPO PROYTEC IN ITALIA
IMPEGNO E INNOVAZIONE ALLA CONFERENZA SULL’IDROGENO VERDE ENGLISH PROYTEC GROUP e PROYTECPANAMA CORP., noti per il loro impegno verso soluzioni tecnologiche sostenibili, parteciperanno al convegno “IDROGENO VERDE: TRANSIZIONE SOSTENIBILE“, un importante evento che si terrà il 14 giugno 2024 in Italia, a Roma, presso la prestigiosa Sala della Regina della Camera dei Deputati. L’evento è…
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proytec · 16 days
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CME REVOLUTIONIZES THE BITCOIN MARKET
As the world watches closely, the CME is preparing to write the next chapter in the history of Bitcoin, opening new frontiers for investors and strengthening the role of cryptocurrencies in the global economy.
The Chicago Mercantile Exchange (CME) also jumps into spot Bitcoin trading The Chicago Mercantile Exchange (CME)’s foray into Bitcoin spot trading is a clear signal that Cryptocurrencies are becoming increasingly integrated into the Global Financial System. In the dynamic world of Cryptocurrencies, this move marks a significant evolution in the financial landscape, offering professional traders…
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proytec · 19 days
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THE HAPPINESS DIVIDE
Old and young, who is happy and who is not. Recent findings have highlighted a concerning trend: a growing disparity in happiness between the younger and older generations within certain countries. This divide is not only a reflection of the different stages of life but also indicative of the unique challenges faced by these age groups in the modern world. The Price of Prosperity In North…
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proytec · 22 days
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CAPITALISM: ALWAYS IN CRISIS OR RENEWAL ?
Capitalism has long been at a crossroads. Ray Dalio, with his unique position in the financial world, offers an interesting perspective...
From Development to Progress: In Search of a Profitable, Fair, and Sustainable Future Financial crisis. Word «Crisis» on dollar banknotes. Capitalism, as an economic system, has dominated the world for centuries, leading to unprecedented developments in terms of innovation and economic growth. However, it is now facing an unprecedented crisis. Its foundations are shaken by a series of global…
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proytec · 23 days
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THE YUAN GAINS GROUND ON THE DOLLAR
China's ambitions face obstacles, including its capital controls and the enduring popularity of the dollar. However, the trend towards de-dollarization continues, with over half of Chinese payments now settled in yuan.
De-dollarization advances! In a significant shift in global finance, China’s de-dollarization efforts have reached a new milestone. The Chinese Yuan now outweighs the US Dollar in the country’s trade settlements, signaling a potential decline in the Dollar’s international dominance. For years, the US Dollar has been the cornerstone of international trade, but recent data suggests a change is…
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proytec · 24 days
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MICROPLASTIC
Research on the presence and effects of microplastics is still in a relatively early stage, but the results obtained so far highlight the need for immediate action to protect both the environment and public health.
A Global Health and Environmental Issue Microplastics, plastic fragments smaller than 5 millimeters, have become a concerning source of environmental pollution and a potential risk to human health. A study conducted by researchers at Cornell University has highlighted how the intake of microplastics varies significantly among different countries, with particular reference to dietary habits and…
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proytec · 25 days
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THE FUTURE OF CORPORATE FINANCING
With the emergence of new technologies and the growing popularity of alternative sources of financing, all traditional Financial Institutions must adapt and evolve ...
Trends and Predictions The business landscape is constantly evolving, and the way Companies obtain financing is no exception. In recent years, the emergence of fintech, digitalization, and alternative financing options have transformed the business financing scene. To gain insight into the future of the industry, we will examine the emerging scenario, analyzing the role of Banks, Private…
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