Bitcoin vs. gold: Here’s what billionaire Ray Dalio thinks

For Ray Dalio, bitcoin is like a digital version of gold — but the billionaire clearly values one higher than the other. "If you put a gun to my head, and you said, 'I can only have one,'" says Dalio. "I would choose gold." Dalio, who turns 72 on Sunday,...
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Everything to Know About 400-Meter Hurdles Gold, Silver Medalists Sydney McLaughlin and Dalilah Muhammad

Click here to read the full article. Sydney McLaughlin and Dalilah Muhammad have met again. One of the highly anticipated events for track and field was the women’s 400-meter hurdles on Wednesday, mostly due to the rivalry between U.S. athletes McLaughlin and Muhammad, who have continued to push one another. The two are known to be the fastest women to run the event.More from WWDTop Five Men’s Fashion Trends From Spring 2022 After a tight race, 21-year-old McLaughlin slightly edged out Muhammad to take the gold and broke her own world record in the process, setting a time of 51.46 seconds. Muhammad,...
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Britain to offer COVID shots to all 16- and 17-year-olds

LONDON, Aug 4 (Reuters) - Britain will offer all 16- and 17-year-olds their first dose of Pfizer (PFE.N) COVID-19 vaccine, its vaccine advisers said on Wednesday, a move that will give more children protection against the disease before schools return in September. Britain's Joint Committee on Vaccination and Immunisation (JCVI)...
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Financial stocks lift London's FTSE 100; Taylor Wimpey jumps

Aug 4 (Reuters) - London's FTSE 100 rose on Wednesday, helped by heavyweight financial stocks and strong corporate earnings updates, although investors' mood remained cautious over rising COVID-19 infections and risks of higher inflation. The blue-chip FTSE 100 index (.FTSE) inched up 0.2%, helped by financial stocks (.FTNMX303010) which gained...
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Apprehension grows in Tunisia as political impasse drags on

TUNIS (Reuters) - President Kais Saied’s delay in announcing a way forward 10 days after he seized executive power is jangling nerves among Tunisians, with friend and foe alike increasingly impatient to see steps towards ending political and economic paralysis. Saied on July 25 dismissed Prime Minister Hichem Mechichi, froze...
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Global COVID-19 cases surpass 200 mln as Delta variant spreads

Aug 4 (Reuters) - Coronavirus cases worldwide surpassed 200 million on Wednesday, according to a Reuters tally, as the more-infectious Delta variant threatens areas with low vaccination rates and strains healthcare systems. The global surge in cases is highlighting the widening gap in inoculation rates between wealthy and poor nations....
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S&P 500 falls from record high as job growth slows

Aug 4 (Reuters) - The S&P 500 fell from a record high on Wednesday as data signaled a slowdown in job growth last month, while General Motors tracked its worst day in more than a year despite a record pre-tax profit. GM's shares (GM.N) slumped 8.3% to a two-week low,...

Delta Plus COVID Variant Sparks Fear Across Social Media

A number of social media users in the U.S. have expressed their concerns about the Delta Plus COVID-19 variant after two new cases were confirmed in South Korea. The Korea Disease Control and Prevention Agency (KDCA) told Reuters that the country's first case of the Delta Plus variant, also known as B.1.617.2.1 or AY.1, was identified in a man in 40s who had "no recent travel records."

Russia ponders using EV subsidies to boost the economy and surge local manufacturing

Russia’s Economy Ministry said earlier today that it has plans to utilize subsidy programs to boost the manufacturing and purchase of locally-built electric vehicles. The program could stimulate the economy and provide a surge to local manufacturing efforts, despite being a region that has long supported and depended on oil and gas.
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Trump pick wins House special Republican primary election in Ohio

WASHINGTON (Reuters) — Mike Carey, a coal lobbyist endorsed by former President Donald Trump, won a crowded primary contest on Tuesday for the Republican nomination to a seat in the U.S. House of Representatives from Ohio's 15th district. With 96.5% of precincts reporting, Carey was ahead of his closest contender,...