AA arghg! Stocks in debt ceiling risk zone after US rating warning

[1/2] The US Capitol is reflected in a diminishing pool amidst ongoing negotiations seeking a deal to raise the US debt ceiling and avoid a catastrophic default, in Washington, US, on May 24, 2023. REUTERS/Jonathan Ernst SINGAPORE (Reuters) – Markets were stuck in uncertainty about the U.S. debt ceiling on Thursday, while Europe largely ignored … Read more

Western intelligence has said that Chinese hackers are spying on critical US infrastructure

May 24 (Reuters) – Western intelligence agencies and Microsoft Corp said on Wednesday that a Chinese state-sponsored hacking group has been spying on a wide range of critical infrastructure organizations in the United States, from telecommunications to transportation hubs. Microsoft said in a report that espionage also targeted the US island of Guam, which includes … Read more

Russia and China sign economic agreements despite Western criticism

[1/6] Le Premier ministre russe Mikhaïl Michoustine et le premier chinois help Li Qiang a une cérémonie de signature à Pékin, en Chine. / Prize Photography: May 24, 2023 / Reuters / Thomas Peter BEIJING (Reuters) – Russia’s prime minister signed a raft of agreements with China on Wednesday during a trip to Beijing, describing … Read more

Markets are jittery about the uncertainty about the debt ceiling and rising US yields

[1/2] A trader works at the Frankfurt Stock Exchange amid the coronavirus disease (COVID-19) outbreak, in Frankfurt, Germany, December 30, 2020. REUTERS/Ralf Orlovsky Debt ceiling hopes are hanging Fed talk pushes US yields higher European stocks are down, and US futures are flat European PMI data shows that business growth has remained resilient SINGAPORE (Reuters) … Read more

Regulators are dusting off the rulebooks for engaging with generative AI like ChatGPT

Watchdogs are racing to keep up with the mass spread of artificial intelligence While waiting for new laws, regulators are adapting existing ones Generative tools face privacy, copyright, and other challenges LONDON/STOCKHOLM (Reuters) – As the race to develop more powerful AI services like ChatGPT heats up, some regulators are relying on outdated laws to … Read more

Moody and Blinken meet Pacific Island leaders in Papua New Guinea

[1/2] Prime Minister of India Narendra Modi is greeted by Prime Minister of Papua New Guinea James Marape at Jackson International Airport, in Papua New Guinea on May 21, 2023. Papua New Guinea … Read more (Reuters) – Indian Prime Minister Narendra Modi pledged support to the Pacific islands at a summit in Papua New … Read more

Bezos Blue Origin wins a NASA contract to build an astronaut lander on the moon

The US space agency said today, Friday, that a team led by Jeff Bezos Blue Origin won a NASA contract worth $ 3.4 billion to build a spacecraft to transport astronauts to and from the surface of the moon, which represents an achievement for NASA. The company is two years after losing out to Elon … Read more

The “soft landing” narrative is taking shape in the post-pandemic US economy

AMELIA ISLAND, Fla., May 18 (Reuters) – The battering of bank bond portfolios in more than a year of rising interest rates sparked fears this spring after the Silicon Valley bank collapse that a spiraling financial crisis could soon develop and wreck the United States. Economy. New research, however, indicates that these investment losses — … Read more

The dollar climbed to its highest level in seven weeks after strong data and optimism about the debt ceiling

Housing in the United States begins to rise in April Biden and McCarthy are pushing for a deal soon The Chinese Yuan is weakening after 7 dollars for every dollar The US dollar reached a two-week high against the yen SINGAPORE (Reuters) – The dollar rose to a seven-week high on Wednesday, boosted by optimism … Read more