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| Gold V.1.3.1 signal Telegram Channel (English) |
An artificial-intelligence bust, inflation and fiscal stress are among the most alarming threats to global prosperity at present, the Bank for International Settlements warned. Source: bloomberg.com
Foreign investors helped drive the dollar to a 13-month high this week, drawn by the AI boom and the prospect of a Fed rate increase later this year. Source: washingtonpost.com
Finance chief also says Northern Metropolis megaproject can serve as destination for Chinese firms to commercialise their technologies. Source: scmp.com
The country that once led the world in exports has been stuck in neutral since before the Covid-19 pandemic. Source: wsj.com
This Week in Texas, we head to Fort Bend County, where the only thing constant in the Judge’s seat is change. We bring you the latest developments in the wake of KP George’s most recent suspension. Source: abc13.com
Arizona residents have campaigned against state’s data centres as they seek a share of the shrinking water supply. Source: aljazeera.com
Source: sports.yahoo.com
The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Donald Trump and his political party as midterm elections near Source: washingtonpost.com
“The US economy’s resilience should support solid fiscal revenue collection, including from continued tariffs, and stabilize fiscal deficits over the next several years.” Source: fortune.com
Bolivia will adopt a flexible exchange-rate system, the government said on Friday, effectively devaluing the currency by ending a 15-year dollar peg in a major policy shift aimed at restoring economic stability. Source: reuters.com
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| Gold V.1.3.1 signal Telegram Channel (English) |