December 4, 2023
China may rely on artificial intelligence (AI) to manage approaching economic troubles, but that is just one part of the spectrum of goals Beijing has for the burgeoning technology, experts told Fox News Digital. “Certainly, China has put artificial intelligence at the center of its economic and its military modernization efforts,” Matt McInnis, senior fellow
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Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. Defaults by Chinese borrowers have surged to a record high since the outbreak of the coronavirus pandemic, highlighting the depth of the country’s economic downturn and the obstacles to a full recovery. A total of
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Actor Alia Bhatt was the recent public figure to have her deepfake video go viral on social media platforms. Earlier, Rashmika Mandanna and even Prime Minister Narendra Modi were subjected to such videos, pointing towards the rising menace of deepfake videos. So, what is the govt doing to tackle deepfakes? What can you do if
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President Felix Tshisekedi, who once vowed to transform DR Congo into “the Germany of Africa”, has promised to create jobs if he is re-elected. President Felix Tshisekedi, who once vowed to transform DR Congo into “the Germany of Africa”, has promised to create jobs if he is re-elected, after a first term marked by economic
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Yves here. I don’t mean to sound critical of well-meaning efforts to stop accelerating climate climate change. But when I look at lists like this, I despair. We live in highly complex societies. The organizing principle is that (unless you have capital or are in a caste on public support, like priests) your survival depends
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a professor at Harvard’s John F Kennedy School of Government and director of the Harvard Growth Lab With the tragic events unleashed by Hamas on October 7, and global focus on the
READ MOREby Calculated Risk on 11/29/2023 02:00:00 PM Fed’s Beige Book “This report was prepared at the Federal Reserve Bank of Atlanta based on information collected on or before November 17, 2023.” On balance, economic activity slowed since the previous report, with four Districts reporting modest growth, two indicating conditions were flat to slightly down, and
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The Eurasian Economic Union (EAEU), comprising Kazakhstan, Kyrgyzstan, Armenia, Belarus, and Russia, has been a relatively successful geopolitical project for Russia, which stands as the union’s uncontested dominant player. But contrary to its multilateral agenda and aspirations, the EAEU remains to this day an ineffective instrument in terms of economic cooperation and integration, paradoxically its
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Not long ago, “most governments had believed that closer economic integration would promote long-term prosperity. Now, integration is seen as a source of risk and insecurity.” This is how London-based Capital Economics introduces an intriguing
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THE momentum from better-than-expected third-quarter growth will continue for the rest of the year and lead to a full-year expansion of 5.8 percent, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said. The outlook by FMIC & UA&P economists, unchanged from a previous report and below the government’s 6.0-
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