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Here are 5 things you missed today. Because we get it, life is busy & who has the time to sit around and read the news - here are 5 things we think you need to know in the world today.

1 - ⚠️ Inflation, Debt, and Geopolitics: Top Risks for the World Economy

The World Bank predicts the global economy will stabilize in 2024, growing at 2.6%. However, this growth is uneven and slower than pre-pandemic levels. Several risks threaten this fragile stability, including rising interest rates, geopolitical tensions, and potential trade wars. Even with some positive signs, like stable grocery prices, challenges remain for consumers. Restaurant menu prices continue to rise, straining budgets.

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2 - 👑 Apple Reclaims Crown: Most Valuable U.S. Public Company Once Again

Apple reclaimed the title of most valuable public company in the US from Microsoft, thanks to a surge in stock price after its WWDC announcements. The highlight was generative AI features for iPhones, powered by a partnership with OpenAI. This AI push is seen as a potential growth driver but raises privacy concerns as Apple aligns itself with a technology under scrutiny.

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3 - 🚀 Space Tourism Risk? Study Links Spaceflight to Cognitive Decline in Astronauts

A new study on private astronauts suggests space travel may have downsides. While the effects were temporary, astronauts on a short mission showed declines in cognitive function, immune system stress, and even genetic changes. This is the first detailed study on non-professional astronauts, and the findings could be crucial for designing future space missions and stations.

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4 - 🔥 Lawmakers Grill Microsoft President Over China Hack, Security Lapses

Microsoft's security measures were under fire after lawmakers grilled company president Brad Smith. The criticism stemmed from recent hacks by both Russia and China that successfully breached Microsoft systems. This raises concerns about the effectiveness of Microsoft's cybersecurity defenses, a critical issue considering their dominant role in the software and security market.

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5 - 🤔 Is Elon Worth It? Tesla Shareholders Approve Pay Package

Tesla shareholders defied challenges to Elon Musk's leadership and reapproved his massive pay package. This vote comes despite recent controversies surrounding Musk, including workforce reductions, declining sales, and allegations of misconduct. The outcome strengthens Tesla's position in appealing a court decision that threw out the package earlier this year. However, the legal battle is far from over, and Musk's grip on Tesla remains a point of contention.

Read The Full Article Here ➯

Written by The Managers Bulletin team - Australia
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