Tag: economic risk
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Zimbabwe Tourism Investment Crashes: How a Long-Running Chewore Lodge Deal Unraveled
Overview: A Prominent Tourism Venture Meets a Legal Roadblock In Zimbabwe, a high-profile tourism investment story has taken a dramatic turn as the Supreme Court canceled a 25-year lease on Chewore Lodge. The lodge, once heralded as a flagship project in the country’s safari and eco-tourism sector, faced a termination that could wipe out years…
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AI Bubble Warning: Dot-com Prophet Sees 2008-like Meltdown
Analyst who predicted the dot-com bubble sounds a caution on AI risks An influential market analyst who famously warned about the dot-com bubble is issuing a blunt warning about today’sAI-driven market fervor. In a recent interview, the veteran observer argued that the surge in artificial intelligence optimism mirrors past cycles and warned that investors, policymakers,…
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Global Markets Slump as US Regional Banks Spark Gold Record
Global markets fall as credit stress rattles investors Global stock markets slipped sharply after two US regional lenders disclosed exposure to millions of dollars in bad loans and alleged fraud. The developments sent shockwaves through Europe and Asia, fueling a rapid shift toward safer assets and a flight to gold, which reached a new high…