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Escalating North Korea tensions were ‘a match to light the fire’ — now markets are at a crucial crossroads

“Now, amid escalating tensions between the US and North Korea, the market finds itself at a crucial crossroads” writes Joe Ciolli for businessinsider.com.au. On the flip side, further goading by either the US or North Korea would ratchet tensions even higher, leading to further pain for risk assets.If recent history is any indication, investors may view weakness in risk assets as an attractive entry point for buying more.The mounting conflict came to a head on Thursday, fuelled by some fiery rhetoric from President Donald Trump and aggressive threats from North…

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‘Brace for a long and ugly battle’ — Wall Street reacts to the escalating fight between Apple and Qualcomm

“Qualcomm makes chips that go into the iPhone and also licenses patents to Apple, but Apple would like to change their business arrangement” writes Kif Leswing for businessinsider.com.au. The latest development: In a separate suit, Qualcomm is alleging that Apple is violating a handful of patents that affect things like device charging or data transfer. Source: businessinsider.com.au Share This:

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World facing ‘escalating ecological disaster’ of plastics in the sea

“The Prince highlighted the problem of cheap and easy-to-produce plastic flooding the economy and ending up in the environment, causing “huge damage”” writes Tony Jones for independent.co.uk. The Prince said the world needs to progress beyond a “take-make-and-waste” economy and should look to the natural world for a solution.”With plastic being so cheap and easy to produce, it is little wonder that vast quantities flood our economy each year.”Our ability to manage this flow, however, is struggling to keep pace and, alas, it is equally no great surprise that so…

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Qualcomm sues iPhone manufacturers Compal, Foxconn, Pegatron, and Wistron in escalating patent dispute

“Qualcomm is escalating its patent dispute with Apple by suing the contractors that build iPhones for the Cupertino-based company” reports techspot.com. Apple doesn’t have a patent license directly with Qualcomm, relying instead on licenses held by the contract manufacturers, whom Apple reimburses.Filed Wednesday in a federal district court in San Diego, the lawsuit accuses Compal Electronics, Foxconn, Pegatron and Wistron of breaching patent-licensing agreements with Qualcomm by halting royalty payments on Qualcomm technology used in iPhones and iPads.Apple originally sued Qualcomm for $1 billion, saying that the mobile chip maker…

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World’s biggest cyberattack hits 150 countries and the threat is ‘escalating’

“However, a hacker could change the code to remove the domain and try the ransomware attack again” writes Jethro Mullen for cnn.com. All sectors of the economy were vulnerable and organizations could take lessons from the banking industry, which appeared to have largely escaped the global attack.Major global companies said they also came under attack.”At the moment, we’re in the face of an escalating threat, the numbers are going up,” Europol director Rob Wainwright told ITV’s Peston on Sunday program.It said less than 1% of computers were affected, and that…

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Despite Escalating Bad Loans, Govt And RBI Have Still Not Reached Agreement On New Plan To Solve Bad Debt Crisis

“The Indian government and the Reserve Bank of India had not yet reached an agreement on a new plan to clean up the record troubled debt accumulated at the country’s lenders, S.S. Mundra, a deputy governor at the central bank, said on Thursday” reports huffingtonpost.in. Investors have been waiting for India to come up with a new plan on how to deal with almost $150 billion stressed assets at banks after Finance Minister Arun Jaitley said last month it would soon announce new action. Mundra said among the considerations would…

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Polish foreign minister: Russia may respond to US strike on Syria by escalating war in Ukraine

“Polish Foreign Minister Witold Waszczykowski said Friday that Russia might respond to the US strike in Syria by escalating fighting in war-torn eastern Ukraine” writes Daniel Brown for businessinsider.com. Still, Russia has consistently attempted to exert its influence and undermine stability in Ukraine and much of eastern Europe. Source: businessinsider.com Share This:

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