more than 3/10 of a percent. this is what they call a bull run. the market s been on the upswing since october 2022, and it s thanks to a few tailwinds. among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far it s been able to cool inflation without tipping the economy into a recession. that s called a soft landing and it s buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22 year high. when interest rates go down, it makes it cheaper for businesses and individuals to borrow money. so spending increases and usually that makes stock prices go up. meanwhile, it s a different story for the chinese stock markets, which have been struggling in the new year. chinese premier li qiang pledged to take forceful and effective action to support market confidence. shares in mainland china and in hong kong have been hoverin
among them, an outperforming tech sector and a resilient labour market. the federal reserve has a role too. so far it s been able to cool inflation without tipping the economy into a recession. that s called a soft landing and it s buoying wall street. stocks are rallying in anticipation of interest rate cuts that the fed has signalled this year, which would let interest rates fall from a 22 year high. when interest rates go down, it makes it cheaper for businesses and individuals to borrow money. so spending increases and usually that makes stock prices go up. meanwhile, it s a different story for the chinese stock markets, which have been struggling in the new year. chinese premier li qiang pledged to take forceful and effective action to support market confidence. shares in mainland china and in hong kong have been hovering at their lowest points in as many years. this comes despite somewhat upbeat signals at the end of last year. for more on what we can expect from china,
this week, we re diving into the world of artificial reefs. the advantage to this is you can take all of the best qualities of a natural reef and you can exaggerate them, completely. the robots have come to town. and paul finds out how old bangers are being given an afterlife. it s an engine ina dishwasher. course it is! our oceans and the marine life they support are under threat. climate change is causing them to warm at record levels and as the seas absorb more co2 they also become more acidic. and that as well as other man made damage like trawling for fish can have a devastating impact on important habitats like reefs, but can technology offer a solution? well, adrian murray has been finding out about some conservation efforts to help bring back marine life in two very different parts of the world, starting in denmark. just off the island of samso, plans are under way to build an artificial reef, and i m about to join a group of researchers on the water for a closer loo
0k, time for a look at this week s tech news now. cryptocurrency boss do kwon has been sentenced to four months injail in montenegro. in february, do kwon was charged with orchestrating a $40 billion crypto asset securities fraud after the collapse of terrausd and luna tokens. students in switzerland have developed a haptic suit that enables more interaction with virtual reality. the meta suit has artificial muscles which measure a person s movements without the need for camera systems. it was such an amazing feeling which was something i never felt before. you re in an entirely other environment. you could be a norse. tesla s ceo elon musk has said that the electric car maker will be in india as soon humanly possible after a meeting with the indian prime minister narendra modi. the indian government said it had invited mr musk to explore investment opportunities in electric mobility and the commercial
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