Bitcoin and ether fell on Sunday, amid a broader decline in cryptocurrencies, in the wake of data showing that inflation in the United States reached its highest level in 40 years. Ether fell as much as 5% to $1,445.56, its lowest level since March 2021, while bitcoin fell to $2,7264.65, its lowest since May 12. Friday’s US inflation data beat expectations, dashing any hopes that the price slump had peaked.
Bitcoin and other cryptocurrencies have struggled in recent months as the Federal Reserve raised interest rates. The majority of currencies declined by rates ranging between 10% and 30%.
Total long cryptocurrency sales topped $100 million for a third day in a row on Sunday, following selling $258 million on Friday and $290 million on Saturday, according to Coinglass data, which translates to a jump of $648 million in 3 days.
After the consumer price index on Friday for the month of May, which exceeded expectations, stocks fell, as the week witnessed a decrease in the Standard & Poor’s index by 5.1%, and closed on Friday at 3900 points, down by 2.9%. Laurie Calvasina, head of US equity strategy at RBC Capital Markets, says the market wants some clear and convincing evidence that the Fed can do this without starting a recession.
Next week appears to be subject to what Federal Reserve Chairman Jerome Powell will say on Wednesday followingnoon, as he briefs the press on the outcome of the two-day central bank meeting. The Federal Reserve is widely expected to raise the federal funds target rate range by half a percentage point, but the hot inflation data for May made markets nervous regarding whether policymakers might be more hawkish, or they would warn of a faster pace of rate hikes. interest in the future.
The Fed will release economic forecasts and expectations for new interest rates, but whatever Powell says regarding rate increases in the summer and fall, might help determine the course of turbulent financial markets. It can cause stagnation.
(agencies)
AA / Paris / Ümit Dönmez
French President Emmanuel Macron and his Senegalese counterpart Macky Sall expressed their concerns on Friday regarding the activities of the Russian paramilitary company Wagner in Mali.
During an interview in Paris *, the two heads of state denounced the “crimes” perpetrated by Wagner once morest “certain communities” such as the Fulani, indicated the Elysée.
“Wagner must leave” Mali, indicated the French President, who holds the rotating presidency of the European Union (EU), to his Senegalese counterpart, current president of the African Union (AU).
According to the Élysée, the two presidents were “very converging” on the fact that “Wagner is the praetorian guard of a regime whose primary objective is to protect itself”, indirectly referring to the President of the Transition in Mali, the Colonel Assimi Goïta, as well as the National Transitional Council (CNT).
After a decade-long military presence in Mali, France, which has very tense relations with the Malian executive, announced last February its decision to reduce its military presence in the Sahel country which is fighting terrorism.
In reaction to comments from the Elysée, the head of Russian diplomacy, Sergei Lavrov accused Paris of acting with a “colonial mentality” vis-à-vis Mali and declared that the Wagner company was present there on a “basic basis. commercial”.
Read also :
* “Ukrainian wheat: Macky Sall reveals, in Paris, Vladimir Putin’s proposals to release the goods in stock”, Anadolu Agency, June 11, 2022
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Published on : 12/06/2022 – 16:50
Le Mans (AFP) – For the fifth time in a row, the 24 Hours of Le Mans turned into a duel at the top between the two Toyotas, but the first podium of a Glickenhaus offered a very slight taste of the return of competition next year.
As in 2018, 2019 and 2020, the Toyota N.8, started on pole and driven this year by the Swiss Sébastien Buemi, now four-time winner, the New Zealander Brendon Hartley and the Japanese Ryo Hirakawa, took over the N .7, its sister car and only rival.
The crew of Briton Mike Conway, Japan’s former F1 driver Kamui Kobayashi and Argentinian José Maria Lopez had broken the bad spell by winning last year, but he suffered a problem. technique which caused him to lose a lap on Sunday morning.
For nearly 16 hours, the two Japanese hypercars, often wheel to wheel, tied the lead in the race, regularly stealing first place thanks to a misbehavior by one or a stoppage. to pits better negotiated by each other.
But around 7:45 a.m. (5:45 a.m. GMT), the N.7 stopped on the track before returning to the pits, where it was visibly relaunched electronically from a distance, in front of its technicians, who were unusually immobile for long seconds.
Return of the big names
Despite this setback, Toyota was never worried, even if the N.709 and the N.708 of Glickenhaus showed their seriousness for their second participation on the Sarthe circuit, by taking third and fourth places respectively. , five and ten laps behind the Toyota N.8.
“We learned a lot, the team improved a lot, and we also improved the car,” Jim Glickenhaus, the former New York director and producer with the cowboy look, told AFP on Friday. dreams of beating his Scuderia Ferrari idols next year.
From the next round of the World Championship (WEC), Peugeot will return to endurance, with a revolutionary hypercar, without rear wing. Other big names in motorsport – Ferrari, Porsche, Audi, BMW, Cadillac… – will meet at Le Mans, in June 2023, in the queen category, for the centenary edition (first race in 1923).
Last car engaged in hypercar this year, Alpine may have trouble following, following the bitter failure of the N.36 this year.
She had managed to slip into third place on the starting grid, thanks to a temporary power bonus granted by the organizers, but she was sandwiched by the two Glickenhaus from the start.
Then she chained mechanical incidents, passing through the gravel, leaving the track… to finish 23rd, 18 laps behind the Toyotas. This poor performance cost the French manufacturer the lead in the WEC standings, in favor of Toyota.
Sixth in LMP2 at 16
At the lower level, the Oreca N.38 of the Jota team, which had been leading since Saturday followingnoon, won in LMP2 and the Porsche N.91 of the factory team won in LMGTE Pro , taking advantage of the rout of the two Corvettes which had to retire twenty minutes apart at the start of the morning. In LMGTE Am, victory went to TF Sport’s N.33 Aston Martin.
In total, eight of the 62 cars at the start did not finish the race, but no serious accident is to be deplored.
As for the celebrities involved, the Oreca N.1 of Sébastien Ogier, the eight-time world rally champion who was making his debut at Le Mans, finished ninth in his LMP2 class. American Josh Pierson’s Oreca N.23, the youngest driver in the history of the race, at 16 years and 3 months, finished sixth in this category.
Actor Michael Fassbender, Magneto of the X-Men saga, meanwhile found himself in the gravel pit twice during the night and his Porsche N.93 (LMGTE Am) finished in 51st place overall .
© 2022 AFP
Have you ever given up applying for a vacancy because they require a very high level of English? The search by companies for professionals who speak a second language –mainly English– has gained strength as more foreign organizations arrive in the country or as national companies seek to expand abroad.
More than a requirement, the second language is decisive for the salary that will be received. Lina Correa, Director of Talent Solutions at ManpowerGroup, assures that the difference in remuneration for the same position between a bilingual person and one who is not can be between 20% and 30%.
According to her, regarding 15% of professionals in the country speak a second language, a low proportion compared to the number of related profiles that organizations are looking for.
And not only are workers losing, but also companies. “They they need staff who can communicate in English, if they cannot do so they may lose business opportunities”, says Correa, who adds that Colombia is one of the most attractive destinations in Latin America to open hubs or call centers.
more and more interest
Given that Medellín and Antioquia gained strength as centers of innovation, here the paradigm between having more offers for bilingual people and a lack of labor with these characteristics has been witnessed first-hand.
Liliana Galeano, Employment Manager of Comfenalco Antioquia, assures that it is more and more frequent to see demand for personnel of this class in Valle de Aburrá and Eastern Antioquia, mainly for high strategic positions, managerial levels and the technology and service sectors, among others.
There is the company that is looking for a more conversational English (like call centers) and also the one that is looking for a more technical one. There is also the one that gives the professional the opportunity to enter and gradually help him improve his level of English, such as the one that closes the doors for him if he does not meet this requirement.
According to Galeano, in cases such as call centers, a non-bilingual professional can be offered between 1.5 and 1.8 million, while for those who are, the average remuneration is between 1.8 and 2.8 million.
Asked regarding what the firms that do not find these profiles in Antioquia do, the expert assured that they open the door to professionals from other areas such as Bogotá. She also mentioned that in Comfenalco there are more than 100 courses and diplomas for applicants to strengthen this and other aspects.
Young people with initiative
The experts consulted agree that despite the challenges, young people (under 28) are becoming increasingly interested in handling the second language and are currently the best prepared population in this regard.
“The ability to handle a second language has become essential in companies in Colombia, considering the increase in the industry in multi-Latin and multinational companies,” analyzes Carlos Rubio, regional leader in benefits consulting at Mercer Marsh.
Rubio, who reaffirms that bilingual professionals can receive up to 30% more, comments that Some companies are encouraging their staff to be bilingual through educational bonuses for languages or international internships, among others.
The truth is that the country is facing a challenge of the greatest importance, because according to the EF English Proficiency Index 2021 (world ranking that rates countries by their level of English), Colombia ranks 81st out of 112, with a “level bass”.
