FX Market Outlook for 2024: What should European SMEs expect from their currencies and forex market
By Newsdesk
Paris, October 24th, 2023: In its 2024 Foreign Exchange Market Outlook released this week, iBanFirst, a leading global provider of foreign exchange and international payments for businesses, present in 10 European countries, provides SMEs, especially those doing international payments, with an overview of key trends for the upcoming year. The objective is to help SMEs to shape their currency risk management strategy for 2024. In these times of low growth and threats to margins, optimizing international payments is no longer an option for them. How will forex market volatility impact SMEs in 2024? In 2024, as currency volatility is expected to come back, even a minor fluctuation in exchange
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Resignation Amid Tragedy, Belgian Justice Minister Steps Down Following Fatal Attack
By Newsdesk
Vincent Van Quickenborne, the Belgian Minister of Justice, has resigned from his position. His decision to step down came after a tragic terrorist attack in Brussels. The incident involved a Tunisian individual who shot and killed two football fans in the Belgian capital. This event was particularly significant as it was linked to a ‘monumental error’ involving the extradition request from Tunisia for an Islamic extremist. Van Quickenborne stated that he wanted to take political responsibility for this unacceptable mistake. His resignation underscores the gravity of the situation and the serious implications of the error that occurred under his watch
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Safeguarding Your Digital Identity, 10 Essential Tips
By Newsdesk
In an increasingly connected world, identity theft has become a rampant issue. Safeguarding personal information is crucial to avoid falling prey to this digital menace. Here are ten basic tips, backed by expert advice, to help you maintain the security of your identity on the internet. 1. Use Strong, Unique Passwords Passwords are your first line of defense against unauthorized access. According to Norton, a leading cybersecurity software provider, using strong, unique passwords for each online account is paramount. A strong password usually contains a combination of letters, numbers, and special characters. Avoid using personal information like birth dates or
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Will the export of Russian diamonds be banned?
By Gaston de Persigny
Last week, the G-7 members engaged in discussions regarding four proposed plans aimed at preventing the export of large diamonds. The Western countries’ plan suggests that from January 1, 2024, the fate of Russian precious stones will face significant uncertainty. The proposed bans range from mild restrictions to complete halts, highlighting the challenges associated with achieving a consensus on the matter. Reuters reports that coal bans have proven difficult to enforce for over a year, underscoring the complexity of implementing such measures. The four proposals were put forth by Belgium, India, the French Group for the Jewelry Industry, and the
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2023 Princess of Asturias Awards Ceremony: Recognizing Achievements in Various Fields
By Newsdesk
Their Majesties The King and Queen of Spain, accompanied by Their Royal Highnesses The Princess of Asturias and Infanta Sofía, presided over the Princess of Asturias Foundation 2023 Awards Ceremony, held at the Campoamor Theatre in Oviedo in the presence of Her Majesty Queen Sofía. The ceremony is considered one of the most important cultural events on the international agenda, and it is designed to distinguish the scientific, technical, cultural, social, and humanitarian work carried out by individuals, institutions, groups of individuals, or institutions in the international arena. The awards are given in eight categories: Arts, Literature, Social Sciences, Communication
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Meryl Streep earns Princess of Asturias Arts Laureate 2023
By Newsdesk
Renowned actress Meryl Streep, winner of the prestigious 2023 Princess of Asturias Award for the Arts, was recently celebrated in a week-long series of events in Asturias, Spain. The award recognized Streep’s significant contributions to the arts and her illustrious career in film. A week-long celebrations of Princess of Asturias Awards The highlight of the week-long celebrations was an open dialogue between Streep and fellow actor Antonio Banderas, offering a unique insight into her award-winning career. This public meeting, moderated by Sandra Rotondo, a member of the Jury for the Princess of Asturias Award for the Arts, also included a
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A Call to Service, A Pledge to Hope: Princess Leonor's Inspiring Speech at the Princess of Asturias Awards 2023
By NewsdeskTET
Princess Leonor of Asturias delivered an inspiring speech at the Princess of Asturias Awards, emphasizing unity, collaboration, and service to others. Her words radiated maturity and hope for a brighter future, serving as a reminder of our collective responsibility in shaping the world. #PrincessLeonor #AsturiasAwards
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Nazila Ghanea, Upholding Religious Freedom Must Be A Key Priority in Sweden
By Newsdesk
In a statement at the end of her 10-day visit to Sweden, UN Special Rapporteur on freedom of religion or belief, Nazila Ghanea, called on the country to strengthen its engagement and dialogue with faith communities to combat religious or belief intolerance. Ghanea highlighted the numerous challenges faced by Sweden both nationally and globally, particularly in light of the burning of the Holy Qur’an. Ghanea emphasized the need for vigilance regarding religious or belief intolerance and discrimination within society, stating that societal harassment, discrimination, and threats must not go unnoticed. She acknowledged that Sweden’s historical homogeneity and secular model have
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Baha'is Advocates at the OSCE for Interreligious Collaboration and Education
By Newsdesk
At the 2023 Warsaw Human Dimension Conference, the Baha’i International Community (BIC) emphasized the importance of freedom of conscience, religion, or belief, interreligious collaboration, and education in fostering a flourishing society. The conference, organized by the 2023 OSCE Chairpersonship and supported by the OSCE Office for Democratic Institutions and Human Rights (ODIHR), focused on human rights and fundamental freedoms within the OSCE region. Sina Varaei, a representative from the Brussels Office of the BIC, delivered a compelling statement highlighting key elements and lines of action. The BIC EU Office represents the worldwide Baha’i community to the European Institutions. “The first
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MEP Maxette Pirbakas Calls for Urgent Action on Water Crisis in French Overseas Departments
By Newsdesk
On October 18th, 2023, at the European Parliament, MEP Maxette Pirbakas delivered a powerful speech highlighting the escalating water crisis in the French overseas departments, particularly in Martinique, Guadeloupe, and Mayotte. Maxette Pirbakas says it is unacceptable in 2023 “Mr. Chairman, Commissioner, the water crisis is reaching fever pitch in our five French overseas departments, especially in Martinique and Guadeloupe,” Maxette Pirbakas began her address. She pointed out that in Guadeloupe, it has been estimated for years that over a quarter of the population lacks access to drinking water. “This is unacceptable. We are in two-thousand and twenty-three,” she stated,
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Société Générale Bank of Lebanon and the History Of Terrors of Iranian Madness
By Guest Author
Hezbollah and Hamas, two terrorist organizations backed by Iran, have received millions in US financial aid. The history of terror financing is long and troubling. Bank of Lebanon.
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