“Europe has been worrying about slowing growth since the start of this century,” Mario Draghi said in 2024. “Various strategies to raise rates have come and gone, but the trend has remained unchanged.” There is a tendency for gloom to descend when thinking about Europe’s economic and business prospects. In comparison with America, the Gulf
New Western training for Ukrainian troops on NATO soil isn’t taking in large numbers of soldiers, but is instead focusing on leaders and specialists who can spread what they learn throughout Ukraine’s military. The Norway-led Operation Legio trains Ukrainian soldiers with help from allies at a purpose-built camp in eastern Poland, called Camp Jomsborg. Rather than
ONE BIG THING White House delivered misleading stats on oil shipments from the Gulf You will be shocked to learn that a politician may have said something misleading. U.S. Energy Secretary Chris Wright raised eyebrows in energy markets Wednesday when he said more oil exports left the Middle East on Monday—between the Strait of Hormuz
The pros said “let the bond market speak.” But investors don’t like what it’s saying on Tuesday. After an unusual intervention by the Treasury Department in August did little to tamp down bond-market jitters, US Treasury yields are spiking again, but the latest sell-off isn’t confined to the US. A host of macroeconomic fears is
OpenAI is changing its model launch strategy as its technology becomes more powerful and the potential for its misuse grows—especially following the July incident in which the AI models it was testing autonomously planned and executed a cyberattack against AI company Hugging Face. The company’s next model, Astra, comes out “soon,” OpenAI said. It said
Mark Zuckerberg doesn’t have to worry about Sam Altman coming for his glasses. “I find it very uncomfortable talking to people with a camera and a light,” the OpenAI CEO told tech journalist Alex Heath during an interview for Heath’s “Sources Podcast,” which was published on Tuesday. Altman’s feelings are becoming quite clear. When reporters
