- March 8, 2024
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(Photo=Soft Coreline)
Coreline Soft (CEO Kim Jin-guk, Choi Jeong-pil), a specialist in medical artificial intelligence (AI), recently announced on the 8th that it has won top prizes in two categories at the ‘iF Design Award 2024’, international design competition in Germany.
The IF Design Award is an international design award ceremony with the longest history. It is considered one of the top three design awards in the world, along with IDEA (USA) and Red Dot (Germany). Winners are selected by comprehensively evaluating design differences and influence in nine categories, including product, package, communication, concept, user experience (UX), and user interface (UI).
Coreline Soft won awards in two categories, ‘Service Design’ and ‘UX’, for ‘AVIEW HeartX’, a co-developed deep learning-based chest X-ray (CXR) cardiovascular disease diagnosis solution with Asan Medical Center in Seoul.
Aview Heart The design received positive reviews as it improves treatment efficiency.
Kim Jin-guk,
Powells Optimism: Fed Nearing Confidence To Cut Interest…
Federal Reserve Chair Jerome Powell’s Optimism on Lowering Interest Rates
Federal Reserve Chair Jerome Powell recently indicated that the central bank is nearing the point where it may consider reducing interest rates.
During a session with the Senate Banking Committee, Powell stated, “We are looking for more assurance that inflation will consistently reach 2%. Once we are confident in this, which is not far off, it will be appropriate to start easing the current level of restrictions.”
Market Expectations and Economic Outlook
Investors and analysts are closely monitoring the Federal Reserve’s stance on interest rates, as any potential changes could have significant implications for the economy. Powell’s remarks have sparked discussions about the future direction of monetary policy and its impact on various sectors.
Implications for Borrowers and Investors
If the Federal Reserve decides to lower interest rates, borrowers may benefit from reduced borrowing costs, while investors may need to reassess their investment strategies in response to changing market conditions.
Global Economic Trends
The Federal Reserve’s decision on interest rates is not only crucial for the domestic economy but also has implications for global economic trends. International markets are likely to react to any changes in US monetary policy,
According To The INE, Inflation Continues To Decline…
The National Institute of Statistics (INE) today released the Consumer Price Index (CPI) according to which, monthly inflation in February was 0.14%, with an acceleration in the general increase in prices of 0.11% compared to January last, when it was 0.03%. Meanwhile, the accumulated inflation was 0.17% and the interannual inflation (from February 2023 to the same month of 2024) was 3.3%, lower than the 3.81% of last January.
The general indicator is still lower than the 4.18% reported in December 2023, so it is considered that the prices of goods and services in the economy do not register strong increases and remain under control.
Regarding the Basic Urban Food Basket (CBAU) and its acquisition cost per capita (per person) -according to the new methodology applied this year- is Q840.29, while the Basic Rural Food Basket (CBAR) was quantified in Q647.79, so that figure must be multiplied by the number of household members to obtain the monthly food cost.
Finally, the CPI indicates that the acquisition cost of the Expanded Urban Basket (CAU) per capita monthly as of February 2024 was Q2 thousand 33.51 and of the Expanded Rural Basket (CAR) was Q1 thousand 276.14.
EXTRACTIVE SECTOR Reforms Are Yielding Good Results
Olivier Herindrainy Rakotomalala, Minister of Mines.
The context is difficult for the extractive sector in Madagascar and internationally. However, the reforms undertaken in this area are bearing fruit.
The recovery of the mining sector is still in its infancy. However, despite a difficult economic situation, particularly for the country’s large extractive industries, certain reforms undertaken in this area of activity are beginning to bear fruit.
Referring to figures provided by the Ministry of Mines, the export value of declared mining products has increased considerably for 2023. It amounts to 6,033 billion ariary. The foreign exchange repatriation rate also kept pace with a total of 81.43%. Although these figures taken separately seem insignificant, they play a considerable role in the balance of trade and the currency market. Especially in the context of a floating economy where several factors play a determining role. It must be said, this is progress in the right direction, in a context where the country is banking on sanitation and leveraging the mining sector for the country’s development. Olivier Herindrainy Rakotomalala, Minister of Mines, underlined the importance of the reforms undertaken to revive the mining sector during his speech on national television on Tuesday.
Womens Participation In The Cryptocurrency Exchange Is Encouraged…
On the eve of International Women’s Day on March 8, Binance, the world’s largest cryptocurrency exchange, continues projects that support the empowerment of women in the economic sphere.
Publika.az reports that “Binance Charity” Charitable Foundation has donated 2 million dollars in order to finance more than 36 thousand special Web3 scholarships for women in 2022.
Considering that only 37% of cryptocurrency owners are women, the company is trying to close the gender gap in the cryptocurrency exchange. The main goal of the training and education programs implemented for this purpose is to ensure that more women join the business and support their career development.
Scholarships have been awarded to women from Germany, Nigeria, Kenya, Brazil, France, South Africa, Australia and Ukraine in 2022 to study blockchain and cryptocurrency-related courses at universities, schools and non-profit organizations.
In honor of International Women’s Day, Binance Charity will also donate an additional $100,000 to the Georgian Innovation and Technology Agency (GITA) to support women’s Web3 education and training.
Binance was founded by Yi He in 2017, making the company one of the few cryptocurrency companies in the world with female founders. Less than 5% of cryptocurrency founders at leading crypto companies are women.
Merceds And BMW Reached An Agreement On A…
#Merceds #BMW #reached #agreement #joint #project #ᐉ #News #Fakti.bg #Auto
BMW and Mercedes-Benz announced that they will cooperate in China to establish Beijing Ion Qi New Energy Technology Co., which aims to deploy a wide-ranging electric vehicle charging network across the country.
As part of the initiative, the first stations will be launched this year in major Chinese cities where new energy vehicles are in high demand. Subsequently, the network will expand to cover smaller cities and regions throughout the country. By the end of 2026, the joint venture aims to create at least 1,000 high-speed charging stations equipped with approximately 7,000 speakers.
Both BMW and Mercedes-Benz already have their own charging networks in China. Last year, BMW unveiled its Supercharger project, featuring charging stations that can support speeds of up to 600 kW, which is among the fastest in the industry. This network covers 17 cities and consists of 54 charging stations as of January 2024, and is open to all models of electric cars, not just BMW.
Mercedes-Benz also has multiple charging stations in China located in cities such as Chengdu,
Where Did 200 Billion Dollars Of Russian Reserves…
/ world today news/ The information leaked to the press at the beginning of December by financial expert Charles Litchfield from the NATO-related Washington Atlantic Council (an organization unwanted in Russia) caused a great resonance.
In the first days after the start of the WTO, the United States and its allies froze the foreign exchange assets of the Russian Central Bank (the official foreign reserves of the Russian Federation) in the amount of approximately 300 billion dollars. announced Russian Finance Minister Anton Siluanov. The same figure was spoken in Washington and Brussels.
And now, nine months later, Charles Litchfield in an interview with the Estonian media said that “The United States can’t find two-thirds or more of the Russian assets it froze at the end of February this year and doesn’t know exactly where they are [замразените средства] are located.”
Journalists called it “the loss of the century”. It is noteworthy that the monetary authorities (central banks and ministries of finance) of the countries of the collective West remain completely silent about this sensation. The Bank of Russia also does not comment in any way on the “loss of the century” and does not respond to journalists’ inquiries.
DR Automobiles Lowers The Prices Of All Models…
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DR Automobiles has decided to reduce the prices of all the brands belonging to the group, namely Evo, Dr, Sportequipe and ICH-X. Only pick-ups are excluded from this important price list revision.
For example, the bestseller DR 5.0 with the original cost of 21,900, i.e. 22 thousand euros, now goes to 20 thousand euros (19,900 euros according to the “optical” price). Same price reduction (2,000) euros for the DR 6.0 which now costs 25,900 (aka 26 thousand ) euros against the 28 thousand (27,900 to be precise) of the penultimate price list. The models that benefit from the greatest price reduction are the Sportequipe 6 and the Sportequipe 7: in both cases the cost has decreased by 3,100 euros for a price that is now stands respectively at 34,900 euros (35 thousand in essence) and 37 thousand euros (36,900 euros to be precise).