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Korea ranks 8th in crypto gains in 2023: report – The Korea Herald

South Korea was ranked eighth globally in terms of cryptocurrency profits last year, according to a report by blockchain data analytics firm Chainalysis on Sunday. Investors around the world saw a combined $37.6 billion in their crypto gains in 2023. The figure was a 76 percent plunge from a $159.7 billion profit in 2021 but a drastic rebound from a $127.1 billion loss in 2022. The relatively modest gains last year imply a more cautious approach by investors in liquidating their crypto assets, the report said. Nevertheless, investors saw consistent growth throughout the year, which was only disrupted by setbacks in August and September, when losses amounted to $1.5 billion and $1.4 billion, respectively. On an international level, the US led with an estimated $9.36 billion in cryptocurrency gains, followed by a varied group of countries including the UK, Vietnam, China, Indonesia, India, Russia, and South Korea, each accumulating over $1 billion in gains. Korea secured the eighth position with a total of $1.04 billion in crypto gains. Despite the recent bearish market, the inclusion of several upper and lower-middle-income countries in the top ranks, particularly from Asia, highlights a pivotal trend of adaptation within the volatile market. “We previously noted in our 2023 Geography of Cryptocurrency Report that countries in these income categories, and lower and middle-income countries in particular, showed strong cryptocurrency adoption that remained notably resilient even through the recent bear market,” the report said. Looking ahead to 2024, Chainalysis offered a rosy outlook based on the positive trends observed in 2023. This optimism is further bolstered by the regulatory approval of Bitcoin ETFs and the record-high prices of major cryptocurrencies such as bitcoin and ethereum. “If these trends persist, we might witness gains akin to those experienced in 2021,” the firm said.

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‘We encourage players to be themselves’: NRL won’t sanction Mitchell over radio profanities

The NRL will not sanction Latrell Mitchell for an expletive-laden radio interview in which he dropped five F-bombs after Thursday night’s loss to Brisbane at Suncorp Stadium. NRL chief executive Andrew Abdo phoned South Sydney chief executive Blake Solly on Saturday to arrange a meeting with Mitchell this week to discuss his concerns with his behaviour on Triple M on Thursday night. The NRL, however, will not issue Mitchell with a breach notice for the outburst that has been viewed by 164,000 people on Triple M NRL’s Instagram account. At one stage Mitchell says: “I don’t care if I’m swearing, boys”. South Sydney officials are expected to meet Mitchell on Monday to try and arrange a time for him to meet with Abdo. Souths won’t sanction Mitchell over his use of profanities on radio.

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‘He’s a bit hard done by’: Was Hughes’ referee shove worse than Luai’s?

The Storm were locked in talks on Sunday night about whether to fight Jahrome Hughes’s charge for shoving a referee at the judiciary. Already without five-eighth Cameron Munster (groin) for the opening weeks of the season, New Zealand international Hughes could join him on the sidelines after being charged for making contact with whistleblower Chris Butler in Melbourne’s miracle win over the Warriors. The NRL match review committee hit Hughes with a grade two contrary conduct charge on Sunday for barrelling into Butler as he desperately tried to position himself to stop Warriors centre Rocco Berry from scoring a second-half try. The charge carries a one-game suspension for an early guilty plea or two matches if he unsuccessfully fights it at the judiciary.

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Ultra-fast fashion is a disturbing trend undermining efforts to make the whole industry more sustainable

By Taylor Brydges Since the 1990s, fast fashion has enabled everyday people to buy the latest catwalk trends. But the sheer volume of garments being whipped up, sold and soon discarded is contributing to a global sustainability crisis. Now, just when the fashion industry should be waking up and breaking free of this vicious cycle, it’s heading in the opposite direction. We’re on a downward spiral, from fast fashion to ultra-fast fashion. The amount of natural resources consumed and waste produced is snowballing. Ultra-fast fashion is marked by even faster production cycles, blink-and-you’ll-miss-it trends, and poor labour practices. Brands like Shein, Boohoo and Cider are liberated from the concept of seasonal collections. Instead they are producing garments at breakneck speeds and self-generating microtrends such as balletcore, Barbiecore and even mermaidcore. At the same time there is limited transparency or accountability around clothing supply chains. The overproduction and consumption of clothing cannot be allowed to continue. Without change, the industry will account for 26% of the world’s carbon budget for limiting global warming to 2°C by 2050. The fashion industry must take responsibility for its actions. Policymakers also have an important role to play in enabling the necessary shift towards a more responsible and circular fashion economy. And let’s not forget the power of consumers. Cheap clothing at what cost? It was once thought the pandemic would trigger a transition to a more sustainable fashion industry. Unfortunately in reality the industry is getting worse, not better. Most ultra-fast fashion brands emerged in the late 2010s following the most well known, Shein, founded in 2008. These online, direct-to-consumer brands exploded in popularity during lockdowns, with Shein holding the title of the world’s most popular brand in 2020. Established brands such as Gap introduce 12,000 new items a year and H&M 25,000. But Shein leaves them in the dust, listing 1.3 million items in the same amount of time. How is this even possible? The ultra-fast fashion model thrives on data and addictive social media marketing to create insatiable consumer demand. But Shein’s incredibly low prices (its website has thousands of items under A$5) come at a human cost. The company’s own 2021 Sustainability and Social Impact Report (later removed from the site) found only 2% of its factories and warehouses met its own worker safety standards, with the rest requiring corrective action. The brand has also forgone in-house designers. Instead it works with independent suppliers who can design and manufacture a garment in two weeks. The result is an incredibly profitable business model. Shein filed for an initial public offering (IPO) last year to value the brand at US$136 billion, up from US$2.5 billion in 2018. Shifting from fast to ultra-fast fashion has serious environmental and social consequences. This includes even more exploitative labour practices. Shein garment workers reportedly work 75-hour weeks and warehouses operate 24 Ignoring this shift isn’t just a fashion faux pas. Doing so jeopardises national efforts for a more sustainable fashion industry. A seamless transition to sustainability The Australian Fashion Council is leading a national product stewardship scheme called Seamless that promises to transform the fashion industry by 2030. The idea is to bring fashion into the circular economy. Ultimately that means zero waste, but in the meantime raw materials would be kept in the supply chain for as long as possible by designing out and minimising waste. Members will contribute a four-cent levy for every clothing item they produce or import. These funds go into clothing collection, research, recycling projects and education campaigns. BIG W, David Jones, Lorna Jane, Rip Curl, R.M. Williams, THE ICONIC, Sussan Group and Cotton On are Seamless Foundation Members. Each has contributed A$100,000 to the development of the scheme. As one of the world’s first industry-led collective product stewardship initiatives for clothing textiles, Seamless presents a unique opportunity to drive change towards a more sustainable and circular fashion industry. But there is a risk ultra-fast fashion brands may act as freeriders in Seamless, benefiting from the investment and initiatives without making meaningful contributions. Shein and others will continue putting more and more product on the market, which will need to be dealt with at the end of its short life. But if they fail to commit to the scheme, they won’t be the ones paying for that. The government-funded consortium must also recognise ultra-fast fashion in tackling the industry’s environmental and social sustainability challenges. At the moment they’re only talking about fast fashion and ignoring the rise of ultra-fast fashion. Their global scan, for example, includes a discussion of fast fashion and no mention of ultra-fast fashion. This also points to a lack of data more broadly in the industry but in the case of Seamless, it could have a big impact if this growing market segment is ignored. Shein and Temu are estimated to earn a combined $2 billion in sales in 2024, with customers from all walks of life. The critical crackdown Some brands are actively engaged and working towards a more sustainable future. But others such as Temu are learning from Shein and looking to emulate their business model. The transition to a more sustainable and responsible fashion industry requires a greater understanding of ultra-fast fashion, urgent systemic changes and collective efforts. The Institute for Sustainable Futures, where I work, is a founding member of an international academic research network aimed at tackling the complexities of ultra-fast fashion. That includes how ultra-fast fashion is affecting the livelihoods of garment workers, how it’s fuelling textile waste and underscoring the industry’s struggle to embrace circular economy principles. We’re also investigating how to reshape consumer behaviour, away from social media-fuelled hauls towards more sustainable consumption particularly among Gen-Z consumers. Last month, Federal Environment Minister Tanya Plibersek announced a potential intervention, perhaps by introducing minimum environmental standards or a clothing levy by July. The clock is ticking. It is time to lay the foundation for a more sustainable and just fashion industry. Australia has a rich fashion history and is home to many leading local brands – many of whom have gone global. These brands show us what is possible when good design, sustainability and innovation drive an industry. Ultimately, our collective choices wield immense power. By understanding the consequences of our fashion habits and advocating for change, we can all be catalysts for a more sustainable and just fashion industry.

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Nick Jonas is in awe of Priyanka Chopra’s ‘desi girl’ look from Isha Ambani’s Holi party: ‘Are you kidding me?’

Priyanka Chopra’s recent appearance at Bvlgari and Isha Ambani’s Roman Holi celebration in Mumbai was all about elegance and style, and husband Nick Jonas couldn’t help but get enamoured by her beauty. After Priyanka shared some of her breathtaking photos from the event on Instagram, Nick expressed his adoration by leaving an adorable reaction to her photographs. In the pictures, Priyanka was seen posing with Isha Ambani and Ayushmann Khurrana, among others. She donned a stunning pastel pink slit skirt-styled sheer pre-draped saree paired with a matching blouse and heels, accessorized with a complementary neckpiece. The outfit was designed by Gaurav Gupta. She wore a Bvlgari neckpiece to complement her look. Reacting to the photos, Nick Jonas wrote, “Dear God (hot face and drooling face emojis).” Hollywood actor Sofia Vergara also chimed in, exclaiming, “Wow!” View this post on Instagram A post shared by Priyanka (@priyankachopra) Nick further shared Priyanka’s pictures from the event on his Instagram story. Expressing his awe, he wrote, “Are you kidding me?” The star-studded event also saw the presence of celebrities like Madhuri Dixit, Shilpa Shetty, Aditi Rao Hydari, and Athiya Shetty. The Barfi actor is one of the global brand ambassadors for the brand Bvlgari. She arrived in India on Thursday with her daughter Malti Marie. During her interaction with the photographers, she taught Malti to wave at the paparazzi. While Priyanka was expected to attend Anant Ambani and Radhika Merchant’s pre-wedding celebration in Jamnagar, she unfortunately had to miss it due to work commitments. However, her mother Madhu Chopra, who attended the pre-wedding bash, assured that Priyanka would ‘make up’ for her absence. On the professional front, Priyanka Chopra has several exciting projects lined up, including the Hollywood film Heads of State, in which she stars alongside John Cena and Idris Elba. She recently announced her new film The Bluff, directed by Frank E Flowers and featuring Karl Urban. Additionally, Priyanka served as an executive producer for the documentary To Kill a Tiger, which was nominated for the 2024 Oscars, although it ultimately lost to the Ukrainian film 20 Days in Mariupol.

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‘Practically fasting for months’: Palestinians in Gaza struggle to celebrate Ramadan

Every night during the Muslim holy month of Ramadan, the man would come along Rawoand Altatar’s street, banging on his drum and calling out to the faithful to wake them up for suhoor, the predawn meal. His nightly mission used to be lit up by Ramadan lamps and twinkling decorations. But this Ramadan, Altatar’s street is eerie. The man, called a musaharati in Arabic, is absent. There are no decorations or electricity, and the street is surrounded by buildings destroyed or damaged in Israel’s bombardment. Their own home has been destroyed as well. “There is no sense of Ramadan,” she said, referring to the month when Muslims fast all day. “We are missing our family and gatherings, the food, even the simplest thing like the sweet juices, the Ramadan decorations and lamps, which filled the streets,” said Altatar, a photographer who worked at a private school before the war. Israel’s war in the Gaza Strip has transformed Ramadan, which began Monday, from one of color and boisterous gatherings into one observed against a backdrop of gray rubble and dark, empty streets. With no hoped-for cease-fire between Israel and Hamas, the armed group that has controlled Gaza for years, a time of religious devotion, dawn-to-dusk fasting and charity is now a daily struggle for survival. For many Palestinians in Gaza, attempts to bring some cheer into the enclave are up against a mountain of despair. More than 30,000 Palestinians have been killed in Israel’s bombardment, according to Gaza health authorities, and the threat of famine looms as a result of Israel’s nearly complete siege. The war began after Hamas attacked Israel on October 7, killing some 1,200 people and taking around 240 captives, according to Israeli officials. Families, which once gathered over feasts to mark the end of a day’s fast, have been separated and dispersed, as most of Gaza’s 2.2 million residents have fled their homes. Many now live in crowded tent encampments. Many mosques where nightly Ramadan prayers were held have been bombed to rubble. Israel has accused Hamas of operating from some of Gaza’s mosques, a charge Hamas denies. Also missing is the happiness of children, especially when they come out in the streets after iftar — the breaking of the fast — with their Ramadan lamps and toys, Altatar said. “Now everyone is inside their homes even before the sun goes down, feeling afraid,” she said.

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Mamaearth co-founder Ghazal Alagh shares 3 ‘invaluable’ lessons she learnt from Kapil Dev on flight

Mamaearth co-founder Ghazal Alagh recently had a “serendipitous” encounter with the legendary cricketer Kapil Dev on a flight. Reflecting on this memorable experience, Alagh shared that she learnt “invaluable” lessons from India’s first cricket World Cup-winning captain in a 2-hour flight. Taking it to X on March 15, Alagh wrote, “Me and @therealkapildev Paji shared a 2 hour long flight and the lessons I learnt are invaluable.” She learnt from Dev: “Don’t play to win, play for passion”, “Focus on your children’s character, not scores”, and “Treat challenges as an adventure, not problems.” “I even found out we have the same hometown, Chandigarh and we both went to DAV 15 for schooling! The flight was serendipitous, so grateful that I met the legend,” she added. Take a look at the post here: The post caught the internet’s attention, and social media users reacted to the businesswoman meeting the cricket legend. A user commented, “That sounds like a life-changing flight! Maybe the real lesson is to always sit next to legends on flights.” Another user wrote, “He is a true legend having inspired a generation to take up the game.” “#KapilDev has been a very inspiring cricketer for youngsters. As a World Cup winning captain, a case study how he managed his resources to win against mighty teams!” the third user commented. “Life time opportunity indeed! Legend amongst Legends,rarely born in India;who led highest lvl of Professional life amidst so much Pollutions in our modern Eco-system,” another user reacted. Recently, Ghazal Alagh opened up about the business TV reality show, Shark Tank India, on Faisal Shaikh’s long drive session. Revealing facts about the show, Alagh said the Sharks cross-check the company’s numbers and sales figures after offering them cheques on the show.

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GATE 2024 Results (OUT): List of PSUs hiring through GATE score

GATE 2024 Result: Several public sector undertakings including Bharat Heavy Electricals Limited (BHEL), Bharat Sanchar Nigam Limited (BSNL) and Coal India Limited (CIL) will use the Graduate Aptitude Test in Engineering (GATE) 2024 results to recruit candidates. The GATE 2024 result was announced late evening on Saturday, March 16. While the GATE 2024 results of papers in architecture, civil engineering, electrical engineering, electronics and communication engineering and computer science and information technology will be used for the Airport Authority of India (AAI) recruitment, papers on civil, chemical, mechanical and electrical engineering will be used to recruit candidates in Engineers India Limited (EIL). The Indian Oil Corporation Limited (IOCL) will use the results of GATE 2024 of papers in chemical engineering, civil engineering, computer science and information technology, electrical engineering, electronics and communication engineering, instrumentation engineering, mechanical engineering and metallurgical engineering. National Mineral Development Corporation (NMDC) Limited announced that GATE 2024 exam takers would be able to apply for the post of Executive Trainee (Tech) in NMDC Ltd. GATE 2024 | Previous cut-offs |Websites to check | Using GATE score for financial assistance | Institutes accepting GATE score | How much GATE toppers scored last year | The Nuclear Power Corporation of India Limited (NPCIL) will also be using GATE 2024 score for recruitment of Executive Trainees 2024 batch in six engineering disciplines – chemical, civil, electrical, electronics, instrumentation and mechanical. GATE Result 2024: List of other PSUs accepting scores – Bharat Heavy Electricals Limited (BHEL) – Bharat Sanchar Nigam Limited (BSNL) – Coal India Limited (CIL) – Centre for Railway Information Systems (CRIS) – Chenab Valley Power Projects Limited (CVPPL) – Damodar Valley Corporation (DVC) – Electronics Corporation of India Limited (ECIL) – Gas Authority of India Limited (GAIL) – Mazagaon Dock Shipbuilders Limited (MDSL) – National Aluminium Company Limited (NALCO) – National Highways Authority of India (NHAI) – NLC India Limited (NLCIL) – National Mineral Development Corporation (NMDC) – Nuclear Power Corporation of India Limited (NPCIL) – National Thermal Power Corporation (NTPC) – Oil and Natural Gas Corporation (ONGC) – Power Grid Corporation of India (PGCIL) – Power System Operation Corporation Limited (POSOCO) – Rashtriya Ispat Nigam Limited (RINL) Direct recruitment to Group-A level posts in the central government including senior field officer (tele), senior research officer (crypto) and senior research officer (S&T) in cabinet secretariat are also done on the basis of GATE score.

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One man dead, two critical after being pulled from water near Apollo Bay

One man has drowned and two men are in critical condition after swimming at Marengo, near Apollo Bay on Victoria’s Great Ocean Road, on Sunday afternoon, despite the heroic actions of a passerby. The three men got into trouble at about 1.15pm after getting in the water at the small coastal town’s beach, which is about 200 kilometres south-west of Melbourne. Victoria Police said a female passerby dragged all three of the unconscious men, one by one, from the water and other beachgoers began CPR. One man was declared dead at the scene while the other two were airlifted to hospital in critical condition. The three men are yet to be formally identified.

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People with albinism feel shortchanged

Thirty-one-year old Aubrey Zitsotso has albinism. He lives ia a mud-walled grass thatched house with a rickety door and sack cloth covered window. The structure cannot in any way protect the father of two from assailants that terrorise people with albinism (Pwas) to quench their ritual thirst. “I fear for my life. Sometimes I don’t sleep at all,” he said in an interview on Friday. Although his neighbours are close relatives, he concedes that it does not guarantee his safety as past attacks against Pwas triggered mistrust. “I have heard stories about some who were killed with the help of their relatives. This puts me on guard. It is only a secure house that can guarantee my safety,” he says. The Ntcheu-man, who lives off selling potatoes, concedes his earnings are not enough to construct a better house. Like hundreds of others, he has been counting on the government-funded K5 billion housing project for Pwas. However, he is disappointed that the project is moving at a snail’s pace. According to the 2024/25 Public Sector Investment Programme (PSIP) for the 965 houses lined up for construction, only 30 or four percent have been completed.. This means three years after the project was launched, 96 percent of people with albinism earmarked as beneficiaries still live in unsafe houses. Since 2014, over 170 people with albinism have been killed or attacked over beliefs that their body parts bring luck and wealth. Some religious leaders, police, herbalists, relatives of the deceased and survivors have been arrested in connection with the attacks and exhumations. The PSIP attributes the delay to procurement challenges, low funding levels and soaring cost of construction materials. It reads: “The procurement process was done at district councils of which every council procured contractors at their own time which derailed the implementation of the project. “Late payment to some contractors has delayed project implementation. The fluctuation of building materials due to inflation has raised the cost of the house.” In an interview, the Association of People with Albinism in Malawi (Apam) national coordinator Maynard Zacharia said they are not impressed with the progress. “We are happy with the commitment and political will because the government has been allocating resources into the project. However, we are not impressed with the implementation. The four percent is way too low,” he said. Zacharia warned that many Pwas are at risk of attacks and he called for swiftness. Apam further observed that there are challenges with the completed houses such as substandard construction materials. “Also, we have completed houses where the contractor was paid, but didn’t pay his workers who ended up locking them,” he said. Zacharia cried foul over Apam’s exclusion in the monitoring of the project which he believes has resulted in incidents of sub-standard work. The housing project falls under the National Action Plan on Persons with Albinism (2018-2022). Ministry of Gender, Community Development and Social Welfare public relations officer Pauline Kaude referred the matter to the Ministry of Lands. Malawi Council for the Handicapped (Macoha) executive director George Chiusiwa branded the progress as “a serious concern as the country still experiences heinous crimes against persons with albinism.” While attacks against Pwas have not been as rampant, Apam says there were seven exhumations last year alone. Observers say attacks soar every time the country is about to hold general elections. However, Chiusiwa says there has not been a reduction in the human rights threats to this vulnerable social group. “Therefore, there is an urgent need for strategic investments in this housing security programme,” he said. Chiusiwa also demanded transparency and accountability in the project implementation.

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