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Inflation crashes the party as ECB marks 25 years
Inflation crashes the party as ECB marks 25 years
by  AFP

The European Central Bank celebrates its 25th anniversary Wednesday but soaring inflation in the eurozone threatens to put a damper on festivities at the Frankfurt-based financial institution. Nevertheless, Lagarde has sought to strike an upbeat tone ahead of the anniversary, insisting last week there was a "strong cause for celebration".

Asian markets sink as US debt talks stall
Asian markets sink as US debt talks stall
by  AFP

Asian markets tracked losses in Wall Street on Wednesday as investors grow increasingly concerned about stalled US debt ceiling talks to avert a painful default. After the sell-off on Wall Street, Asia was also under pressure on Wednesday.

Filmmakers at Cannes grapple with 'tectonic' AI shift
Filmmakers at Cannes grapple with 'tectonic' AI shift
by  AFP

At an AI talk on a Cannes beach, a presenter's voice is cloned and used to say a random phrase in three languages, while another's face is replaced live on screen as they speak. - Voice cloning - Magdalena Zielinska of ElevenLabs in Poland which claims to have created the "most expressive" AI voices available, says tools to check if a voice is synthetic will be essential.

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