Elon Musk Predicts AI to Surpass Human Intelligence
Elon Musk, in an interview on X with Norges Bank CEO Nicolai Tangen, stated that artificial intelligence is already on the verge of surpassing the capabilities of the human mind.
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Official Says About Impact of China’s Policy to Boost Demand
China’s new political strategy, which is aimed at stimulating domestic demand in this Asian country, will become a significant factor in impacting the growth of the local economy in the foreseeable future.
UK Economy Demonstrates Growth
In the United Kingdom, gross domestic product (GDP) showed an increase of 0.1% in February compared with the result for January.
Key US Price Gauge Exceeds Forecasts
A key US price gauge has exceeded forecasts for rent and transportation costs growth.
Intel Unveils Latest AI Chip
Intel on Tuesday, April 9, presented its newest artificial intelligence chip called Gaudi 3.
China’s Premier Li Qiang Assembles Economic Experts to Discuss Current Challenges
Last Monday, April 8, Chinese Prime Minister Li Qiang held a meeting with economic experts and representatives of the business community.
Global Companies With China Units Choose Cheaper Renminbi Funding
Global companies that have business in China are increasingly issuing debt obligations in renminbi to finance activities in the Asian country, as for the first time in six years such a solution has become more cost-effective compared to the practice of raising funds in US dollars.
Moody’s Expert Warns About Threat to US Economy
Currently, the United States economic system is on a growth trajectory, being backed by favorable circumstances such as high consumer spending and a positive labor market situation, but this does not mean that there are no risks to the positive dynamic nowadays.
US Job Growth Blows Past Expectations
In the United States, employers hired many more workers last month than initially expected and continued to steadily raise salaries.
Swiss Inflation Slows
An unexpected decrease in the inflation rate was recorded in Switzerland.
Economist Says About Need for China to Return to Basics
Wu Jinglian, one of China’s most outspoken and liberal economists, said Beijing should return to basics.
Hong Kong Retail Sales Demonstrate Growth
On Wednesday, April 3, official data were published, according to which an increase in retail sales was recorded in Hong Kong in February.
Analysts Say About Need for New Chinese Strategy on Global Trade
The United States is currently implementing efforts to divert international supply chains from China to other countries, which has already become a topic of active discussion in the expert community.
Amazon Offers Free Credits for Startups
Amazon Web Service has announced the expansion of its free credits program.
China Allocates $70 Billion to Low-Altitude Economy
The Chinese authorities have decided to scale up the process of using unmanned and other aircraft, which has caused a sharp increase in enthusiasm about the prospects for realizing the significant potential of relevant technologies that are necessary to stimulate and revitalize the low-altitude economy, which is already at a high level of development in […]
Chinese Authorities Signal Possibility of Starting Trading Government Bonds
The speech by the head of the People’s Republic of China, Xi Jinping, signals that the authorities of this Asian country may start trading government bonds in the foreseeable future to regulate liquidity in the market.
