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Saudi Aramco is betting on hybrid car engines. The oil company is working with French automaker Renault and Chinese carmaker Geely on a new venture.
US secretary of state Antony Blinken met his Russian counterpart. He urged foreign minister Sergey Lavrov to “end this war of aggression” in Ukraine at a G20 summit.
SpaceX launched four astronauts into space. Two Americans, one Russian, and one Emirati are crewing the six-month expedition at the International Space Station.
Apple blocked a ChatGPT update to an email app. The company told BlueMail it must have a 17+ age restriction on any AI-generated content.
The botched implementation of a banknote redesign has left many Nigerians struggling to access cash. Here’s what happened:
- Nov. 23, 2022: New 200, 500, and 1,000 naira notes are introduced.
- Jan. 31: Old naira banknotes are supposed to stop being legal tender, but president Muhammadu Buhari extends that deadline to Feb. 10.
- Feb. 8: The government is stopped from implementing the new deadline after three states sue.
- Feb. 10: The central bank maintains the old banknotes are no longer legal tender.
- Feb. 16: Buhari says the old N200 banknote will remain legal tender for 60 more days.
The timeline of Nigeria’s cash shortage illustrates how a rushed policy that lacked capacity and clarity from the get-go has now left the country with a major cash shortage. But a ruling by the country’s Supreme Court today (Mar. 3) could end the weeks-long debacle.
The uber wealthy invest not just in name-brand cars and clothing but also in name-brand degrees.
A third of the US’s centi-millionaires—people that have $100 million or more—graduated from just eight universities. The schools with the largest share of centi-millionaire graduates include:
🎩 Harvard University: 7%
🦫 Massachusetts Institute of Technology: 5%
🌲 Stanford University: 5%
🥣 University of Pennsylvania: 4%
See how the colleges stack up against four other top schools.
Winter is coming for Silvergate Capital.
The crypto bank’s stock, which has plummeted from an all-time high of $220 in 2021, just reached an all-time low of less than $8. Why? Well, it doesn’t help that the US Department of Justice may be investigating its dealings with a house it probably shouldn’t have gotten mixed up with.
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Japan discovered 7,000 islands after a map update. It’s hard to agree on the minimal circumference needed to define an island.
Instant noodles account for a third of childhood burn injuries. Flavor packet shakers beware.
Banks in China want 95-year-olds to take out mortgages. But only if their kids sign on.
A new Moai statue was found in a volcanic crater on Easter Island. The sculpture likely had been there for 300 years.
The first carbon offset purchase was made in the 1980s. Hear how the idea that a corporation could cancel out its emissions took root on episode one of the Quartz Obsession podcast, season four!
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