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US Border Sees Increase in Egg Smuggling Amid Rising Prices
Recent reports indicate that there has been a noticeable increase in cases of egg smuggling across the southern border of the United States. This trend is linked to a sharp rise in egg prices domestically, driven by inflation and a decrease in production. Since the beginning of 2023, border patrols have recorded a significant rise in attempts to smuggle eggs from Mexico, indicating that smugglers are seeking to profit from the current situation.
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JPMorgan and UBS Join Blockchain Project to Revolutionize Cross-Border Payments
Major banks such as JPMorgan Chase & Co. and UBS have announced their participation in an innovative project initiated by the Bank for International Settlements (BIS) aimed at transforming cross-border transaction systems using blockchain technology. This move is intended to simplify and expedite international money transfers, which currently often suffer from delays and high fees.
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