Tag Archive
Three big takeaways from the IMF-World Bank meetings
Attendees debated whether global trade imbalances, the AI boom or a debt buildup in advanced economies poses the biggest risk for financial stability.
Russian officials’ in-person appearance drew rebukes from European leaders and a wa…
CNA Explains: Why are AI stocks tumbling when demand is still booming?
SINGAPORE: Technology giants are continuing to ramp up spending on artificial intelligence. Demand for advanced chips remains strong. And the world’s largest contract chipmaker has just reported another record profit.
Yet the semiconductor stock…
All the signs say another financial crisis is coming. Here’s why we need to prepare for it now
…
Source
Supreme Court rules against Yes Bank’s write-off of Rs 8,415 crore AT1 bonds
New Delhi: The Supreme Court Thursday upheld the Bombay High Court’s decision quashing Yes Bank‘s write-off of Additional Tier 1 (AT1) bonds worth ?8,415 crore during the struggling lender’s 2020 restructuring, dealing a blow to the b…
OpenAI and Anthropic fear a major AI crisis in the next 6 to 12 months. Here’s what they’re preparing for
OpenAI, Anthropic and other artificial intelligence companies are privately preparing for what could happen after a major AI related crisis. One of the scenarios they are considering is a cyberattack that may disrupt financial services, internet connec…
Liberal democracies must embrace the concept of friendshoring
Chrystia Freeland is Canada’s former Deputy Prime Minister, Foreign Minister, and Minister of Finance. She is the author of numerous books, most recently Unreliable Boyfriend: An Insider’s View of Dealing with a Chaotic Superpower, Plutocrats, and Oth…
Midterms to test Trump’s support in working class
Let us read it for you. Listen now.Your browser does not support the audio element.
WASHINGTON — The midterm elections are a test for the working-class coalition that lifted Trump into the White House and gave majorities to Republicans in the Hou…
A gut punch in Ohio: Nearly 1,400 laid off at truck factory just days before Trump rally
An Ohio race could help determine control of the Senate. Republican Sen. Jon Husted is facing a challenge from former Democratic Sen. Sherrod Brown, who is trying to harness that disenchantment as he attempts a comeback two years after losing his seat…
Led by China and US borrowing, the world now owes a record US$365 trillion debt: IIF
Global debt climbed to a record high of more than US$365 trillion in the first half of the year, with China and the United States accounting for the bulk of the increase, according to the latest findings by the Institute of International Finance (IIF)…
Led by China and US borrowing, the world now owes a record US$365 trillion debt: IIF
Global debt climbed to a record high of more than US$365 trillion in the first half of the year, with China and the United States accounting for the bulk of the increase, according to the latest findings by the Institute of International Finance (IIF)…