Latest news with #FSR
IOL News
a day ago
- Business
- IOL News
Sarb warns of climate change woes on financial stability
As countries transition at varying paces, Sarb Governor Lesetja Kganyago said the risk of a disorderly global shift to a low-carbon economy intensified. Image: SARB/Facebook The South African Reserve Bank (Sarb) has issued a stern warning regarding the perpetual risks that climate change poses to the financial sector. In its latest Financial Stability Review (FSR) published on Thursday, the Sarb identified climate change as one of three major threats to the financial stability of the nation, alongside the looming spectre of cyber incidents and persistently low economic growth. In the review, the Sarb highlighted a growing consensus within academic and regulatory literature that climate change introduces two primary types of risks: physical risks and transition risks. Physical risks are defined as the economic losses stemming from the increasing frequency and intensity of adverse weather events, such as floods, droughts, and storms—a trend already observable in South Africa. 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Advertisement Next Stay Close ✕ On the other hand, transition risks are exacerbated by an uncoordinated global response to climate change, where financial institutions face challenges in recognising, preparing for, and complying with evolving climate-related regulations. With South Africa's financial system significantly exposed to carbon-intensive activities and assets, the bank warned that the country was particularly vulnerable to these insidious risks. Sarb Governor Lesetja Kganyago said the risk of a disorderly global shift to a low-carbon economy had intensified as countries transition at varying paces. However, Kganyago said South Africa's financial system was so far demonstrating a high degree of resilience in response to global shocks such as intensifying global conflict with the conflict in Ukraine and the escalating war in the Middle East. 'Climate change will be an abiding challenge with impacts that include risks to financial stability. Last year, we conducted a first climate risk stress test to evaluate the resilience of systemically important banks to climate-related shocks,' Kganyago said. 'The FSR provides an overview of the lessons learned from the test. We have also published a stand-alone technical report on climate risk stress tests.' The FSR introduced an overarching framework for assessing climate-related financial stability risks and vulnerabilities in the South African financial system. The framework maps the process the Sarb follows to gather relevant information and assess the residual vulnerability of the South African financial system to climate-related shocks, after accounting for existing mitigating measures. These processes aim to align the financial stability monitoring and assessment framework with international best practice. Meanwhile, the Sarb also warned about the country's cybersecurity vulnerabilities. The FRS said the convergence of rapid technological advancements, mounting geopolitical uncertainties, and a significant skills gap in the cybersecurity industry was creating an increasingly complex cyber-environment that posed substantial risks to the financial sector and beyond. The Sarb has highlighted that this technological evolution was not merely a challenge for local firms but also exacerbates the disparities between advanced economies and emerging markets like South Africa. Current reporting shows that South Africa's cybersecurity spending consistently remains alarmingly low—less than the mature market benchmark of 0.25% of GDP annually. This deficit comes despite the pressing reality of costly data breaches. In 2024, the average cost of data breaches in South Africa was $2.78 million, a marginal decrease from $2.79m the previous year, yet a figure that remains unacceptably high. Moreover, the nation's ongoing electricity-supply challenges add another layer of complexity and vulnerability to cybersecurity efforts. While improvements have been noted, inconsistent power supply poses a latent risk to digital infrastructures, exposing them to potentially devastating cyber-attacks. The Sarb cautions that many backup power systems currently in use lacked the necessary robust security protocols to guard against such threats. As for economic growth, the Sarb said South Africa was grappling with a persistent economic malaise as recent analyses revealed that real GDP growth has averaged a mere 0.54% annually since 2018. This stagnation has entrenched a series of pressing issues, including low private investment, heightened inequality, and a rising tide of unemployment that threatens the livelihoods of millions of South Africans. The economic landscape appears even murkier with the looming possibility of the non-renewal of the African Growth and Opportunity Act (Agoa) and the imposition of tariffs on South African exports. Recent findings from the Sarb's April 2025 Monetary Policy Review (MPR) illustrated the potential repercussions of such trade adjustments through three distinct scenarios.
Mint
a day ago
- Mint
This new Steam feature exposes AI frame generation in games
Valve launched a new update in Steam, making game metrics tracking even better. The minimal FPS counter has been upgraded to a more comprehensive performance monitoring tool for PC games. This upgrade brings more detailed diagnostics directly into games, providing insights that were previously only available through advanced tools like MSI Afterburner or Rivatuner. This new in-game overlay performance monitor is currently in beta, and it can detect if any game is using frame generation or not. Here is everything you need to know and how to get it on your PC right now. Expanded performance metrics: The new overlay tracks more than just FPS; it shows CPU and GPU utilisation, clock speeds, temperature, and memory usage. Graphs are also available for frame rate monitoring. Frame generation detection: The in-game overlay can detect and inform the user if the game is using frame generation tech like DLSS, FSR, or XeSS. So, gamers can know if the smooth frame rates are due to the raw performance of the system or not. Customizability: You can customise the look of the overlays easily from the settings. The overlay position, text contrast, and background opacity can be adjusted for better visibility. This is the same popular performance monitor from Steam Deck, and soon it will be available for Linux and SteamOS. First, you need to upgrade the Steam client to the beta version by selecting "Steam Beta Update" in Client Beta Participation under Interface settings. The client automatically downloads and installs the beta update, and then you can follow the steps below. Select the In-Game tab and scroll to locate the 'Overlay performance monitor'. Select the "Show performance monitor" drop-down and choose the position for the overlay. Finally, click the "Performance detail level" drop-down and select the desired option. This new in-game overlay by Valve is a nice upgrade since not everyone can go through the hassle of setting up Afterburner or Rivatuner. And Windows' Game Bar performance overlay is buggy and unreliable.
Daily Record
4 days ago
- Sport
- Daily Record
Rangers fans signal transfer alarm as Celtic regulars fired limitless 49ers warning on Hotline
Rangers are slowly but surely getting their ducks in a row as Russell Martin prepares to attack the transfer market. But with the Champions League qualifiers creeping closer, it seems some Hotline Bluenoses are unhappy with the lack of business so far. First up was Robert Livingstone, Palm Beach, who said: "We've got new owners, but history is repeating itself with Rangers returning to the loan and free transfer business, a disaster in the past. "Bringing players unwanted by their present or past clubs is also a problem highlighted by Scott McDermott. First, they must sell players they need to get rid of before they can buy. It's a bit of a mess with the European game weeks away." Kwame Poku and Max Aarons could be checking into Ibrox soon but John Hutchison emailed: "As a Rangers supporter, I am very disappointed with what's happening at our club. "After the big lift about this great takeover and the anticipation of new arrivals, so far all directions of playing staff appear to be in an outward direction. "If things continue this way, we will be lucky if we have more than a couple of last season's first team available. When do we start hearing about incoming players?" Jay, from Glasgow, bit back at some Hotline regulars: "So Euan Robertson says Rangers fans need to think again if we think one year's worth of 49s money will help us catch Celtic. And Gordon Ashley going on about FSR rules. "What a lot of people are not realising is the sponsorship 49ers can bring from others to the table. Millions could be had from their pals' sponsorship. I'm looking forward to Euan and Gordon cuddling together while in tears this coming season." As did Donald Dundas, Uddingston: "In response to Glen Mitchell branding Rangers a failing minor soccer club. It seems this football team who took seven points off his beloved Celtic still manage to get loads of the green side talking about them on a daily basis. As the song goes, 'I just can't get you outta my head.' Enjoy, Bhoys." There could be a revolving door at Celtic Park this summer, with Nicolas Kuhn attracting interest. William Hutchison, Aberdeen, emailed: "I see some Celtic fans are saying that if RB Leipzig are offering £15m for Kuhn they should take it as his mind was elsewhere near the end. "I'm not one of them. I hope we keep him. Yeah, his form did slip near the end but look at the goals he's scored. He will get back to his best again when the new season starts." Stephen Mulhern, Dumbarton, wrote: "I understand Odsonne Edouard is being linked with a return to Celtic but with Brendan Rodgers continuing the Postecoglou mantra of 'We never stop', I would find it difficult to understand how he would fit into our style of play. "It would be a mirror image of another Celtic icon when Charlie Nicholas returned and that went pear-shaped. Instead, Rodgers should take a punt on Bojan Miovski who would resurrect his career under his management." Rangers aren't backing down in their dispute with the SFA over John Brown's TV comments against Hibs. John Scott, Grassmoor, said: "Will Rangers get a grip of themselves. So Hibs got away with one. No screams of corruption from us, though, when denied two over-the-line goals against Hearts at Easter Road and Tynecastle. "Yes, we have long memories. That's why we still remember Kris Boyd smirking at the camera when asked about a blatant David Bates handball that denied Hibs in the very same end in 2017. "Bet John Brown had a wee chuckle at raging Neil Lennon's expense after that incident. Shirt pull and denied Rangers penalty in the same game, so no corruption, eh, Mr Brown? All obvious mistakes from officials, certainly. Corruption? Behave yourselves." Taking a break from the football, a special mention for our Tartan ace who came so close to winning the US Open. Paul McCormack, Coatbridge, added: "Take a bow, Bob MacIntyre. That reaction to the winning putt at the US Open, even though it confirmed an opponent winning the tournament instead of you, was a credit to Bob and the etiquette of golf - sadly lacking in this particular tournament by other top golfers. "What a gracious way to just miss out on his first major.. Top class sportsmanship from a top golfer and top human being." Well said.
Yahoo
6 days ago
- Business
- Yahoo
AMD's press conference won Computex 2025
When you buy through links on our articles, Future and its syndication partners may earn a commission. Of all the chipmakers at Computex, AMD had the most announcements for consumers and enthusiasts. But don't get too excited — Qualcomm, Intel, and Nvidia set a low bar. AMD's Jack Huynh, SVP and GM of Computing and Graphics, hosted the company's Computex press conference. While AMD's conference was held off-site, it just may have been the most interesting speech of the show. Huynh kicked off with gaming announcements, unveiling the Radeon RX 9060 GPU, new Ryzen AI Pro processors, and improvements to its FSR ("FidelityFX Super Resolution") upscaling and frame generation technology. So, what's new from AMD this summer? To set the stage for Redstone, Huynh recapped the success of the Project Amethyst partnership with Sony to improve FSR into the fourth iteration. FSR 4 was released earlier this year with the RDNA 4 Radeon RX 9070 GPUs and will be improved with FSR Redstone when it is released later this year. It is also currently supported in 60 games, with more to come. FSR Redstone will be available on all RDNA 4 GPUs, and at launch, 40 games will support Redstone super sampling. Redstone brings machine learning enhancements like advanced radiance caching, machine learning ray regeneration, and machine learning frame generation. These advanced features will become available as an update to AMD's FSR 4 super sampling software later this year. AMD's more budget-friendly Radeon RX 9060 XT GPU features RDNA 4 architecture and offers all the advantages of FSR 4 for just $349 for the 16GB model, and $299 for the 8GB variant. If you're hoping to get your hands on the latest AMD graphics card, the Radeon RX 9060 XT will go on sale on June 5, 2025. While the Radeon RX 9060 XT is a less powerful GPU than the Radeon RX 9070 and 9070 XT, it gets all the same benefits of FSR 4, including frame generation and the upcoming Redstone improvements. Huynh recapped the Ryzen AI 300 series' successes, though some of AMD's claims are a bit suspect. AMD claims the Ryzen AI Max+ 395 is 15% faster than Apple's M4 Pro 12-core CPU. Based on our own testing, this is true on the Geekbench 6 multicore benchmark, but the M4 Pro wins in more real-world benchmarks, like the PugetBench for Adobe suite. As for new announcements in this segment, AMD has brought the power of the new Ryzen AI Pro 300 chipsets with new devices by Asus. 'If you're a fan of AMD technology,' Huynh enthused, 'you're a fan of Asus innovation.' Asus is expanding the ExpertBook P-series lineup to include AMD CPUs on desktops, mini-PCs, and laptops. It is also offering monitors with Free-Sync compatibility. While AMD's workstation Threadripper Pro 7000 series CPUs are relatively unmatched in terms of raw computing power, the company is upgrading the chip to a new generation on the 4-nanometer Zen 5 architecture. With up to 96 cores and 192 threads, the Threadripper 9000 series is the ultimate chip for those who believe 'bigger is better.' While Apple's Ultra processors and Intel's Xeon line are in a similar class, neither company has gone as heavily into the over-spec segment as AMD's Threadripper lineup. Of course, there are often diminishing returns by adding so many additional cores and threads, which is why Intel ditched hyperthreading on the Arrow Lake platform. However, there will always be exceptions. And that's the Threadripper gamble. Previous iterations of the chip have often proved AMD correct in the benchmark stakes, as the Threadripper 7980 outperforms even the Epyc 7773X data center CPU in Cinebench 2024. So if you want the most powerful workstation chip to power your special effects business, like AMD partner WetaFX, the Threadripper 9000 Series is worth the excitement. And if you need more endorsement than the facts, WetaFX's Daniel Seah told James Cameron 'who is like a god,' that he couldn't meet to talk about the next Avatar film because 'I have to go to Taipei for AMD.' AMD also announced the Radeon AI Pro 9700 GPU to further support the desktop workstation ecosystem. AMD has also announced ROCm support for the Radeon RX 9000 series and AMD Ryzen AI Max APUs, with support for additional hardware and Linux operating systems like RedHat coming later this year. ROCm is also expanding Windows support to Pytorch and ONNX-EP. AMD announced the most new chips and software support at Computex, thanks to its expanded gaming, professional, and workstation lineup. The Asus ProArt P16 nails local AI and beats MacBooks — but it doesn't come cheap The Acer Swift X 14, a favorite of creators, is being refreshed for 2025 Jensen Huang at Computex: "It's not because we don't love GeForce, GeForce got us here."
Yahoo
13-06-2025
- Sport
- Yahoo
Celtic warned they are repeating Rangers transfer mistakes as rivals set to reverse roles
Scotland's transfer window doesn't open until Monday but already there are Celtic fans looking at their club's summer recruitment work through rose-tinted glasses. As for the rest of Hotline, well they've taken a dimmer view of the new signings being lined up by Brendan Rodgers. Advertisement Hoops fan Glen Mitchell was first up as he said: 'Well the champions are up and running and so far, so good. A £6million bonus from Jeremie Frimpong's move to Liverpool, a world-class in at left back signed in Kieran Tierney and a back-up keeper secured for nothing, all while losing no-one of note. READ MORE: Two World Cup winners, club record signing and a future boss in £35m splurge – Rangers' biggest transfer window READ MORE: The million Celtic wingers linked with a transfer to the champions rated and slated "The other main players are making improvements as well, all while some clubs are losing their top performers because they were on loan or out of contract. Add in the fact they will have to keep the dross that are on longer term contracts, you have to say another season of failure beckons for them. FSR regulations and good financial management are unavoidable now.' Advertisement But Bluenose Scott Gowers, Edinburgh, isn't so impressed by the work done so far at Parkhead: 'What a role reversal! Rangers for seasons have been paying huge wages for people warming the treatment table but now that Celtic have Tierney back on a huge salary for five years, I wonder if they will even get a single season's worth of games out of him over the length of that deal!' Rab Picken, London, agreed as he said: 'I'm loving the support from the east end of Glasgow slagging off Rangers' transfer policy when they've just signed chocolate soldier Kieren Tierney, a player so injury prone he'd pull a hamstring appearing on Question of Sport. 'The truth is Russell Martin is no mug and will sort Rangers out. I foresee Brendan Rodgers running away again to a bigger club like Brentford just like last time with Leicester.' Donald Dundas, Uddingston, called to discuss the latest Rangers gossip as he said: 'I'm bemused by the clamour to sign Lawrence Shankland. Sell Cyriel Dessers? A proven 25-goal-a-season striker? How much would it cost to get another striker with that output? Yes he could be a 35-goals-a-season player but could Shankland give you those figures? I really can't see it but I suppose you don't know until you try.' Advertisement Robert Livingstone, Palm Beach, also called to discuss rumours AEK Athens are in for Dessers and claims a string of clubs in England and France want Hamza Igamane. He said: 'Realistically I can't see them leaving. Who will pay £6million for Dessers or the similar money Rangers are after for Igamane? I'm surprised to hear seven clubs after chasing the Moroccan. He's been invisible most of the season. Rangers' Cyriel Dessers celebrates scoring his side's second goal of the game 'AEK Athens wanting Dessers despite the fact he's missed more sitters than the goals he's scored in his two years here. Let's hope they manage to sell both, as Rangers can't win the league with these duds. Martin's survival rests on finding a No9 who can score goals consistently and hit the 40-goals-a-year mark.' Advertisement Frazer McKillop, Greenock, added: 'So Rangers' move for Oumar Camara has been scrapped. Mark my words, this lad will come back to haunt our club. He will also be sold for a fortune.' Neil Renton, Leith, called to discuss this week's international action, saying: 'Ten-man Northern Ireland beating Iceland shows two things - how far Scotland are falling when it comes to being a footballing nation. And it also proves that they should be doing all they can to entice boss Michael O'Neill to leave them for Scotland.' John Scott, Grassmoor, said: 'Iceland's squad, bar two players, play their football outside their home island, from Qatar to the US and many leagues in between. I'd imagine they too have had a long hard season. "Having seen off Scotland I can only imagine they arrived in Belfast exhausted given their 1-0 defeat to 10-man Northern Ireland. Steve Clarke needs to step down gracefully and let someone with an alternative game plan take over. 'He's not simply getting the best out of an average group of players. He's failing to get the best out of a squad of talented individuals.'
