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| Gold V.1.3.1 signal Telegram Channel (English) |
Fierce competition will dominate artificial intelligence risks driving investment spending to excessive levels that could tip some economies into recession, the Bank for International Settlements said. Source: wsj.com
Also in today’s newsletter: Aramco helicopter crashes at Saudi port, and Indian snack giant Haldiram’s preparing European expansion Source: ft.com
China has strong tech industries and a large market – but so did Japan before its recession, warns the Nomura Research Institute scholar. Source: scmp.com
“Businesses, when they set prices, take today’s inflation as a factor, and so I think there’s some persistence to inflation.” Source: fortune.com
Industrial subsidies have reached their highest levels since the 2008 financial crisis, but that’s driven by the advanced economies. Source: washingtonpost.com
A new report estimates speeding up FDA drug approvals by one year could generate over $10 trillion in economic value from faster medical innovation. Source: foxbusiness.com
The central bank umbrella group’s Annual Economic Report warned of a complex mix of vulnerabilities. Source: cnbc.com
South Florida is home to one of the largest groups of asylum seekers whose jobs are now jeopardized by federal immigration policies designed to oust them from the U.S.. Source: sun-sentinel.com
As Kyiv’s battlefield fortunes change, policies long favoured by the west could now do real damage to Moscow Source: ft.com
While Europe sweats its way through torturous temperatures of up to 40 degrees Celsius, China cannot get ACs transported over fast enough. Source: scmp.com
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| Gold V.1.3.1 signal Telegram Channel (English) |