(1) The Global Oil Story No One’s Telling | Josh Young - YouTube

(1) The Global Oil Story No One’s Telling | Josh Young - YouTube

(1) How Global Energy Security Is Falling Apart | Jan Stuart - YouTube

(1) How Global Energy Security Is Falling Apart | Jan Stuart - YouTube

European travelers will have to pay to enter the UK in 2025 | CNN

European travelers will have to pay to enter the UK in 2025 | CNN

CNN — 

European travelers visiting the UK without a visa will soon be required to pay a £10 (around $13) waiver fee.

The new rules, which will come into effect over the next year, will see the UK’s electronic travel authorization (ETA) system, first introduced for Qatar nationals, expanded to include travelers from all other countries, including European Union citizens.

The non-refundable fee will apply to all visitors to the UK, including babies and children, without a visa, or permission to live, work or study, according to plans announced by UK Home Secretary Yvette Cooper.

At present, citizens of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates are required to apply for an ETA before entering the UK.

This will be extended to include most other nationals, including those from the US but excluding Europeans, in November. By next spring, the program will be expanded again to incorporate European nationals.

The rules will not apply to Irish citizens.

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“Once fully rolled out, the ETA scheme will close the current gap in advance permissions and mean that for the first time, we will have a comprehensive understanding of those traveling to the UK,” Cooper said in a statement.

Jordanian nationals can no longer apply for an ETA to enter the UK, according to the UK government website.

Visa waiver schemes are certainly not a new thing. The United States’ electronic travel authorization ESTA, which now costs $21 and lasts two years, was first introduced back in 2009.

Meanwhile, the roll out of the European Union’s ETIAS, valid for three years, which will cost travelers 7 euros (about $7.50,) has been postponed to 2025.

The UK formally left the European Union in January 2020

European travelers vi

Wells Fargo & Company (WFC): A Good Bank Stock to Buy in 2024

Wells Fargo & Company (WFC): A Good Bank Stock to Buy in 2024

According to IBM’s report, financial services are being revolutionized by generative AI, which increases productivity and automates tasks. AI speeds up fraud detection by 50% and decreases transaction processing times by 30%, as per IBM’s survey. While 75% of financial workers expect AI to automate 25% of their duties, it aids in the analysis of market trends in investment management. AI-driven chatbots reduce human labor by 80% and increase query processing accuracy by 85% in customer support. Furthermore, generative AI improves data management in CRM systems by automatically summarizing calls and extracting insights, boosting CRM update efficiency by 30% and saving companies millions of dollars in operating expenses while strengthening client relationships.

The controversial plan to regreen a desert | CNN

The controversial plan to regreen a desert | CNN

gold-briefing-2024

 https://www.mauldineconomics.com/download/gold-briefing-2024

Services - 5 things to start your day: Europe - btbirkett@gmail.com - Gmail

5 things to start your day: Europe - btbirkett@gmail.com - Gmail

The good news is that the services side of the economy, which contributes about 75% of US GDP, is not weakening. And the slowing in manufacturing was expected. As mentioned on Aug. 1, the factory sector may be curbed until the November presidential election and the path of US rate cuts becomes clearer. After that, orders are expected to re-emerge -- reversing the current slumber. And as mentioned earlier, inflation is casting a shadow via wages.

Alyce Andres is a reporter for Bloomberg News and contributor for the Markets Live blog based in Chicago.