At the AIIB’s annual meeting in Beijing, China urged its multilateral bank to fill the growing global development financing gap. With Western aid and investments plummeting, Finance Minister […]
Technology
Posted on:
US Rewrites Tech Export Rules to Strengthen Allied Ties
In a notable policy shift, the US Department of Commerce formally rescinded a late-era Biden rule that would have severely restricted AI chip exports to many countries. Trump […]
Markets
Posted on:
Fed Holds Rates Amid Tariff-Driven Inflation Concerns
The Federal Reserve kept interest rates at ~4.3% this week, pausing its easing plans while assessing inflation risks from new tariffs. Chairman Jerome Powell warned that upcoming import […]
Technology
Posted on:
Texas Instruments Leads $60 Billion Chip Investment Boom in US Manufacturing
Texas Instruments announced plans to invest over $60 billion in new semiconductor plants in the US, in Texas and Utah. Billed as the largest foundational chip investment in […]
Uncategorized
Posted on:
Oklahoma Becomes a Hub for Critical Minerals Amid China’s Export Pressures
Oklahoma is emerging as a processing hub for critical minerals to reduce reliance on China. The state is attracting new nickel refineries, battery recycling plants, and rare earth […]
Banks
Posted on:
South Africa Secures $1.5 Billion for Infrastructure Revamp
South Africa has secured a $1.5 billion loan from the World Bank to modernize its transport and energy infrastructure. The funds aim to alleviate chronic bottlenecks at ports […]
Economy
Posted on:
US, China, and the New Race for Economic Control
Global supply chains are being restructured, critical minerals are emerging as strategic assets, and infrastructure financing is becoming a tool of geopolitical competition. These developments represent a realignment […]
Economy
Posted on:
Trump Shifts Focus to Tax Cuts Amid Economic Concerns
President Donald Trump is redirecting his focus toward advancing the key component of his legislative agenda by urging Congress to swiftly pass a significant tax bill. Republicans believe […]
Economy
Posted on:
Canada’s Youth Employment Declines Sharply Compared to Other Major Economies
Young Canadians are encountering a challenging labor market that has worsened more rapidly than in any other major advanced economy. Over the past two years, unemployment among individuals […]
Technology
Posted on:
ECB Economists Leverage ChatGPT to Enhance GDP Forecasting
FRANKFURT, June 26 (Reuters) – A recent paper published by the European Central Bank (ECB) reveals that analyzing qualitative commentary in PMI releases using ChatGPT can significantly enhance […]