On Thursday, the Colombian peso fell sharply following President Gustavo Petro’s proposal of a significant change to legislators. He suggested repealing a law that limits public spending. Consequently, the peso dropped by 1.4% to COP 4,081.60 per dollar. This decline marked it as the weakest among emerging market currencies for two days. Petro’s request came […]
Related Posts
Kenya and Namibia’s Grey Listing: A Call for Financial Integrity
In February 2024, FATF gray-listed Kenya and Namibia due to anti-money laundering and counter-terrorist financing concerns. This development is critical, as both countries aim to establish themselves as secure, investment-friendly environments within Africa. Kenya and Namibia’s presence on the gray list acknowledges strategic AML/CTF deficiencies in both countries. They must now act swiftly to address […]
26 billion reasons to protect yourself after a massive data leak is exposed
A massive data breach leaked more than 26 billion records online, exposing information from some of the most-visited websites on the web. The team at CyberNews.com, along with cyber researcher Bob Dyachenko, discovered those records. Later, data breach search engine Leak Lookup revealed it was the owner of all of that information, which leaked because […]
Musk’s Concerns Over Progressive A.I. Bias Spark Debate on Technology’s Future
Elon Musk, the tech mogul known for his outspoken views, has raised eyebrows with his recent comments on AI development. At a conference in Riyadh, Musk expressed worry about the rise of AI systems with progressive leanings. He argued that AI should prioritize truth-seeking over political correctness. Musk’s statements come at a time when he’s […]