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2025 Will Be World's Second or Third-Hottest Year on Record, EU Scientists Say

Slashdot.org - Tue, 12/09/2025 - 16:22
This year is set to be the world's second or third-warmest on record, potentially surpassed only by 2024'S record-breaking heat, the European Union's Copernicus Climate Change Service (C3S) said on Tuesday. From a report: The data is the latest from C3S following last month's COP30 climate summit, where governments failed to agree to substantial new measures to reduce greenhouse gas emissions, reflecting strained geopolitics as the U.S. rolls back its efforts, and some countries seek to weaken CO2-cutting measures. This year will also likely round out the first three-year period in which the average global temperature exceeded 1.5 degrees Celsius (2.7 degrees Fahrenheit) above the 1850-1900 pre-industrial period, when humans began burning fossil fuels on an industrial scale, C3S said in a monthly bulletin. "These milestones are not abstract -- they reflect the accelerating pace of climate change," said Samantha Burgess, strategic lead for climate at C3S.

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Microsoft 365 Prices Rising For Businesses and Governments in July 2026

Slashdot.org - Tue, 12/09/2025 - 15:41
Microsoft has announced that it will raise prices on its Microsoft 365 productivity suites for businesses and government clients starting in July 2026, marking the first commercial price increase since 2022. Small business and frontline worker plans face the steepest hikes: Business Basic jumps 16.7% to $7 per user per month, while frontline worker subscriptions surge up to 33%. Enterprise plans see more modest bumps, ranging from 5.3% for E5 to 8.3% for E3. Microsoft attributed the increases to more than 1,100 new features added to the suite, including AI-driven tools and security enhancements. Copilot remains a separate $30-per-month add-on.

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Valuation Gap Chart: US vs. International Developed vs. Emerging Markets

MyMoneyBlog.com - Tue, 12/09/2025 - 15:05

As 2025 winds down, you will probably read a lot of articles remarking how international stock indexes have outperformed US stock indexes like the S&P 500 by a significant amount this year. This hasn’t happened in a while! Yet, the following chart shows that the gap in valuations is still very wide.

PE10 stands for the ratio of price to 10-year average trailing earnings (AKA CAPE ratio, or cyclically-adjusted P/E ratio) which attempts to smooth out earnings spikes. Image via TopDownCharts.

Categories: Finance

Kraken Crypto: Existing Users 30 Days of Free Spins, New User Bonuses

MyMoneyBlog.com - Tue, 12/09/2025 - 15:01

Update: A quick heads up for existing Kraken users that many people are being targeted for another 30 days of their “Daily Spin” game given out to new users. You will need to make one trade to activate (even buying $1 of BTC or USDG and paying a penny fee works). Then you get 30 days of spins, like free slot machine pulls. The total average winnings over 30 days seem to be reliably at least around $15-$20. Check your offers tab; The e-mail subject was “🎄Spin to win up to $2,500 this Christmas!”, which looked a little spammy so you might have missed it.

Original post:

Crypto exchange Kraken is now offering up to a $150 bonus in crypto after you open a new account and complete the requirements. You can confirm when entering the code, as shown above. You must trade crypto that isn’t stablecoin, like BTC. The details are below. That’s my referral link, which should auto-populate with the promo code 2zr4jyp5 . Thanks if you use it!

  • Open an account and deposit at least $100.
  • Trade at least $100, earn $15.
  • Trade at least $300, earn $20. ($35 total)
  • Trade at least $500, earn $50. ($75 total)
  • Trade at least $5,000, earn $75. ($150 total)

Select cashback portals are offering bonuses as well, which change regularly but can be upward of $100 as well, like TopCashback and Rakuten (search “Kraken”). The payouts vary up to daily, but I would wait until one is above $100, currently Rakuten is at $150 at time of writing (Hat tip to DoC). I am not 100% certain if this will stack with the referral discount, but I would still try going through the portal link and then adding the referral code. There are multiple successful reports of stacking.

Be on the lookout for a Daily Spin game which offers free spins for 30 days as well.

Other crypto offers:

Categories: Finance

The Inevitable Shape of Cheap Online Retail

Slashdot.org - Tue, 12/09/2025 - 15:01
Pinduoduo in China, Shopee in Southeast Asia, and Meesho in India operate in markets that could hardly be more different -- an upper-middle-income industrial state, a stitched-together archipelago of under-banked economies, and a country where three-quarters of retail is unorganized and e-commerce penetration sits at about 7% -- yet all three have landed on the same business model. These platforms run asset-light marketplaces specializing in cheap goods and slow delivery, monetizing through logistics mark-ups, advertising, and installment credit rather than retail margins. Temu and Shein are further variations now expanding in the U.S. and Europe. The economics are thin for all. Pinduoduo's EBITDA margins on GMV (gross merchandise value) sit in a 0-4% band; Meesho's group-wide EBITDA hovers around break-even. Neither charges commissions on most sales; both earn through logistics mark-ups and advertising. Sponsored listings account for 1-3% of GMV at Indian marketplaces and 4-5% at Alibaba and Pinduoduo. Credit is the more consequential side business. In India, cash on delivery functions as unofficial credit. Meesho CEO Vidit Aatrey said the customers prefer CoD for its "built-in delay," which effectively makes it "a five-day loan." Geography, income, and regulation were supposed to produce different answers. They produced one: a 3% endgame where e-commerce clips a few points of GMV and relies on attention and credit for profits.

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