huppakee

joined 2 months ago
[–] huppakee@feddit.nl 3 points 1 month ago (1 children)

EU plans to raise more money for Ukraine by putting frozen Russian state funds into riskier investments would amount to “expropriation”, the institution holding the bulk of the assets has warned. Euroclear chief executive Valérie Urbain told the Financial Times that plans to reinvest cash generated by the assets to yield higher profits could risk further retaliation from Moscow, and undermine the central securities depository’s key position in the financial system.

“If you increase the revenues, you increase the risks. And so who is bearing that risk?” Urbain said in an interview.

The European Commission is considering how to extract more value from some €191bn in Russian central bank assets stuck at Euroclear because of western sanctions. Euroclear is reinvesting the cash arising from Russia’s maturing assets — such as coupon payments and redemptions — mainly through central banks. The G7 is using the returns to back a $50bn loan to Kyiv.

[–] huppakee@feddit.nl 8 points 1 month ago (2 children)

If you accuse other of doing something that you're doing yourself you can make what you're doing sound less bad because 'everybody else' does it too. You can also confuse people because if only one of them is true, who should you trust? Maybe none of it is true.

[–] huppakee@feddit.nl 8 points 1 month ago (1 children)

Not yet, i think they first have to do an investigation and then they need to agree on wether they want to vote on agreeing before considering it would be wise to call China out because of international relations being a national topic; then in about ten years it might be official. /s

[–] huppakee@feddit.nl 6 points 1 month ago (1 children)

Could also be they expect a part to not survive. And if the price to buy/source them is very low compared to the price they can be sold for, that might also make it attractive to smuggle more. But still, can imagine it takes a while to sell 1,500 spiders.

[–] huppakee@feddit.nl 5 points 1 month ago
[–] huppakee@feddit.nl 4 points 1 month ago

Nobody will want to re-use him, he's more a Wegwerfpapagei.

[–] huppakee@feddit.nl 3 points 1 month ago

Would hate to see it only for AI/LLMs, but it can still be also for AI/LLMs which would be loads better than except for AI/LLMs.

[–] huppakee@feddit.nl 5 points 1 month ago (1 children)

The Schwarz Group, Germany’s largest retailer and owner of supermarket chain Lidl, is planning to pitch the government to be the lead developer of a major data center central to Europe’s artificial intelligence efforts.

The privately held retailer, which is controlled by billionaire founder Dieter Schwarz, will present its plan to spend billions of euros on Friday, according to people familiar with the matter, who asked not to be identified discussing private deliberations.

Somehow when I read Supermarket Billionaire I thought of Jeff Bezos. When i read AI Gigafactory after that, I thought of Elon Musk. But no, it's the Lidl dude. Maybe because our billionaires arent in the news as often?

[–] huppakee@feddit.nl 5 points 1 month ago

I hope the French word has different connotations, feared feels like the wrong word.

[–] huppakee@feddit.nl 8 points 1 month ago

Obesity is a real problem everywhere, not just us but in Mexico and Canada too.

[–] huppakee@feddit.nl 2 points 1 month ago

The rice is collateral damage.

:(

[–] huppakee@feddit.nl 1 points 1 month ago (1 children)

I'd argue it be clearer between round brackets instead of behind a comma like states in the U.S.:

Paris (France) over Paris, France.

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