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Scientists claim quantum leap for secure communications – dpa international

DUBLIN After more than a year of easy-to-hack pandemic-induced Zoom meetings, the world could be "one step closer to ultimately secure conference calls," according to a British-led team of scientists. The group, which includes academics from Heinrich Heine University in Dusseldorf, claim in the journal Science Advances to have discovered how to facilitate hack-proof "quantum-secure conversation" between four parties. Since the onset of the coronavirus pandemic, what the team calls the "global reliance on remote collaborative working, including conference calls," has led to a "significant escalation of cyberattacks on popular teleconferencing platforms in the last year." The team said their newly published research is "a timely advance" that "could lead to conference calls with inherent unhackable security measures, underpinned by the principles of quantum physics." ....

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Pandemic travel collapse continuing into 2021, says UN agency – dpa international

DUBLIN The World Tourism Organisation (UNWTO) said on Wednesday that first-quarter arrivals were down 83 per cent on the same period last year, as pandemic restrictions continued to hold back international travel. Official data collated by the United Nations agency showed Asia and the Pacific continuing "to suffer the lowest levels of activity with a 94 per cent drop in international arrivals over the three-month period." North America reported the smallest decline, at 71 per cent, while arrivals in Europe were down by over 80 per cent. The UNWTO said the weak first-quarter numbers followed last year's record annual 73-per-cent fall in arrival numbers worldwide, which cost the sector an estimated 1.1 trillion dollars, equivalent to Indonesia's gross domestic product (GDP). Travel ground to a halt in March 2020 after the World Health Organization (WHO) declared the coronavirus outbreak to be a pandemic. ....

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OECD says world economy to grow at an 'uneven' 6 per cent this year – dpa international

DUBLIN The global economy could grow by "nearly 6 per cent" this year, the Organization for Economic Co-operation and Development (OECD) said on Monday, while warning that recovery from pandemic-related losses will be "very uneven." Growth will be driven by the world's three main economic powers, with China's gross domestic product (GDP) set to expand by more than 8 per cent, the Paris-based OECD said. The US should be close behind, registering nearly 7 per cent GDP growth, with the European Union clocking a higher-than-usual 4.25 per cent.But while this year's projected rebound would amount to "an impressive surge after the 3.5-per-cent contraction in 2020" it is unlikely to return living standards "to the level expected before the pandemic" by the end of next year, the OECD said in its 2021 Economic Outlook, which noted that pandemic-related curbs have made it more difficult to estimate GDP and "may have reduced the compar ....

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Only China realizing potential, says economist behind BRICs moniker – dpa international

DUBLIN Two decades after coining the acronym BRICs - grouping the economies of Brazil, Russia, India and China - economist Jim O'Neill believes only China is "fully achieving its potential." In an article published on Wednesday by the International Monetary Fund (IMF), O'Neill said that, while the quartet's economies fared relatively well before the 2008 global financial crisis, India has since "notably disappointed," while Brazil and Russia have posted "very disappointing" performances. China's annual gross domestic product (GDP) growth exceeded that of the other three BRICS for all but three years between 2001-19, according to World Bank data, leaving it with an economy twice the size of the other three put together. ....

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Irish GDP up 7.8 per cent though local businesses hurt by lockdowns – dpa international

DUBLIN Ireland's gross domestic product grew by 7.8 per cent in the first quarter of the year due to surging exports by multinational corporations, according to official estimates. However, gross national product, a measurement which cuts out multinationals, fell by 1 per cent quarter-on-quarter, the government's Central Statistics Office (CSO) said on Friday. According to the CSO's Jennifer Banim, "the tightening of Covid-19 related restrictions led to lower levels of economic activity for many of the sectors focused on the domestic market." Ireland's government lifted a third pandemic lockdown in May after almost five months of restrictions that were ranked among Europe's harshest by the University of Oxford. ....

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