While centre driven and managed high level economic changes, both structural and financial, are necessary, an assumption that the benefits of such changes will flow to the periphery through a trickledown theory
The Financial Stability Board (FSB), the international body that monitors and makes recommendations about the global financial system, has issued a stark warning about vulnerabilities in the $12 trillion commercial real estate
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Charter prices for large oil tankers transiting the critical Strait of Hormuz have more than doubled in the past week following Israel’s recent attack on Iran, as shipowners grow increasingly wary of
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Microsoft is signaling a willingness to walk away from critical negotiations with OpenAI as the $300 billion artificial intelligence startup seeks to shift from a non-profit structure to a for-profit entity —
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Amsterdam’s latest venture into using artificial intelligence to reform its welfare system has become a cautionary tale in the global conversation around “responsible AI.” As detailed in a recent MIT Technology Review
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As the race to build ever-larger AI models slows, the next frontier in artificial intelligence is becoming clear: autonomous AI agents. These systems, designed to act, decide, and negotiate on behalf of
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A Malian court has taken the unprecedented step of appointing administrators to operate the Loulo-Gounkoto gold mine, intensifying an already heated dispute between Barrick Gold and Mali’s military-led government, according to a
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President Prabowo Subianto has taken a significant step in favor of environmental conservation by cancelling the permits of four out of five nickel mining companies operating in Indonesia’s ecologically sensitive Raja Ampat
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Oil prices surged dramatically on Friday, posting their biggest single-day gain in over three years, after Israeli air strikes targeted Iranian nuclear facilities — a development that threatens to destabilize one of
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Errol Musk, the father of tech billionaire Elon Musk, has ignited controversy after publicly praising Russian President Vladimir Putin as a “very stable and pleasant man” during a high-profile appearance at a
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China’s economy continues to grapple with deflationary pressure as both consumer and producer prices declined in May, intensifying the challenge for Beijing as it seeks to stimulate domestic demand and navigate ongoing
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Coal India, the world’s largest coal-producing company, is intensifying efforts to meet the country’s growing energy demands by reopening more than 30 defunct mines and launching up to five new ones on
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In a bid to ease mounting tensions with Brussels and stabilize global supply chains, Beijing has agreed to expedite approvals for rare earth export licences for certain European companies, China’s commerce ministry
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At this week’s OECD ministerial summit in Paris, world trade leaders confronted a sobering reality: the United States, under President Donald Trump’s second term, is doubling down on a unilateral trade strategy,
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The Reserve Bank of India (RBI) stunned financial markets on Friday by slashing its key interest rate by 50 basis points, double the amount expected by most economists, in a bold move
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Editorial On a sultry afternoon, under the cracked sky of a country disfigured by generations of theft and mediocrity, a decades-old Airbus A330-200 took a slow, theatrical descent into Katunayake. It flew
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