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Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low

Bitcoin.com
Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time Low
Africa
Nigerian Currency Gains Versus US Dollar Days After Tapping All-Time LowJust a few days after plummeting to its worst exchange rate against the U.S. dollar ever, the Nigerian currency was trading at around 820 units for every dollar on Nov. 8, a report has said. An economist has suggested that the Central Bank of Nigeria’s controversial currency plan is unlikely to halt the naira’s depreciation […]
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OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140%

Bitcoin.com
World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140%
Bank of Ghana
World’s Worst Performing Currency, the Cedi, Reverses Gains — Economist Steve Hanke Says Ghana Inflation Now Over 140%Just days after registering marginal gains against the U.S. dollar, the Ghanaian currency — the cedi — slipped to C14:$1 versus the U.S. dollar on the foreign exchange parallel market on Nov. 7. The cedi’s reversal is said to have dented the currency’s recovery prospects. On the other hand, Ghana’s former president John Mahama and […]
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OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%

Bitcoin.com
While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%
185%
While Official Figures Claim Turkey’s Inflation Rate Is 85%, Third-Party Stats Say It’s Closer to 200%Inflation has skyrocketed in Turkey as official figures from the Turkish Statistical Institute (Tüik) show the country’s inflation rate topped 85.5% year-on-year. The inflation rate in Turkey has risen for 17 consecutive months and last month it reached a 24-year high. Turkey’s Interest Rate Remains Low, While Inflation Runs Rampant Turkey, the transcontinental country located […]
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OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September

Bitcoin.com
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September
Analysts
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in SeptemberThe latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly increase since 1982. September’s CPI Data Was Worse […]
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OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits $31 Trillion

Bitcoin.com
Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits Trillion
$31 Trillion
Fed’s Inflation Nowcasting Data Shows Future CPI Increases, US Gross National Debt Hits TrillionA recently published forecast stemming from the Federal Reserve Bank of Cleveland’s Inflation Nowcasting data indicates upcoming U.S. consumer price index (CPI) metrics will likely be elevated. The newly predicted CPI levels were recorded the same day America’s gross national debt surpassed $31 trillion on October 4, as the country’s growing debt continues to rise […]
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OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

Kenyan Central Bank Raises Key Rate by 75 Basis Points

Bitcoin.com
Kenyan Central Bank Raises Key Rate by 75 Basis Points
bitcoin.com
Kenyan Central Bank Raises Key Rate by 75 Basis PointsThe monetary policy committee of the Kenyan central bank recently revealed it increased the central bank rate by 75 basis points from 7.5% to 8.25%. Justifying its decision to act, the committee cites growing inflationary pressures and increased global risks, as well as their likely impact on the domestic economy. Growing Inflationary Pressures Following its […]
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OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low

Bitcoin.com
Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New Low
Africa
Nigerian Central Bank Hikes Key Interest Rate Just Days After Naira Plunges to New LowFollowing the latest meeting of the monetary policy committee, the Central Bank of Nigeria says it has hiked the monetary policy rate to 15.5%. By increasing the key interest rate by 150 basis points, the central bank hopes to “narrow the negative real interest rate gap and rein in inflation.” The rate increase came just […]
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OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

Nigerian Inflation Rate Rises to 20.52% in August — Month-on-Month Rate Drops

Bitcoin.com
Nigerian Inflation Rate Rises to 20.52% in August — Month-on-Month Rate Drops
Africa
Nigerian Inflation Rate Rises to 20.52% in August — Month-on-Month Rate DropsWhile Nigeria’s year-on-year inflation rose for the seventh straight month to 20.52% in August 2022, the latest data from Nigeria’s National Bureau of Statistics shows that the month-on-month rate declined from 1.82% to 1.77% during the same period. The depreciation of the local currency, disruptions in the supply of food products, and an increase in […]
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OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’

Bitcoin.com
US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’
2%
US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’On September 13, the U.S. Bureau of Labor Statistics reported the country’s consumer price index (CPI) inflation jumped by 8.3% annually in August. The reduction was less than expected and market analysts believe the U.S. Federal Reserve will continue its aggressive rate hikes going forward. US Consumer Prices Increased at an 8% Annual Pace of […]
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OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

Bitcoin’s Mathematical Monetary Policy Is Far More Predictable Than Gold and Fiat Currencies

Bitcoin.com
Bitcoin’s Mathematical Monetary Policy Is Far More Predictable Than Gold and Fiat Currencies
21 Million BTC
Bitcoin’s Mathematical Monetary Policy Is Far More Predictable Than Gold and Fiat CurrenciesThis past April, records show that 19 million bitcoins have been mined into existence and 133 days later, there are 1.88 million bitcoins left to mint today. The network’s block subsidy halving is expected to occur on or around April 20, 2024, as there are less than 91,000 bitcoins left to mine until that point. […]
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OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

OpenAI Announces GPT-4.5: ‘A Giant, Expensive Model’

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