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Geneva watch show opens in throes of banking turmoil
Geneva watch show opens in throes of banking turmoil
Business and Economy
by  AFP

The Geneva watch fair opened Monday buoyed by booming growth in the watchmaking industry, but insiders warily eyed the banking sector turmoil, evoking painful memories of the 2008 financial crisis. But optimism at the Geneva fair was somewhat dampened by the angst surrounding the turbulence currently lashing the banking sector.

Biden bans US govt use of malicious commercial spyware
Biden bans US govt use of malicious commercial spyware
Business and Economy
by  AFP

US President Joe Biden signed a ban Monday on government use of commercial spyware technology like the controversial Pegasus program, citing its use for political oppression in countries around the world. Biden's order was not a full ban on commercial spyware, but would apply to any program deemed a US security risk, or that is used for political abuse by other governments.