News
Inflation is not over: UK consumer prices rise in May signaling recession ahead
The Bank of England needs to raise interest rates even further, worsening the UK’s stagnation.
Author
L. R.
Tech
Alibaba to split-up into smaller division, CEO Daniel Zhang becomes head of cloud services
Alibaba is one of China’s largest companies whose success and growth generated distrust within the Chinese Communist Party.
News
Insight: China needs a war with the US. It would be good for business
An attack on Taiwan would solve China’s increasing economic problems. If successful...
News
Blinken diplomatic visit to China ends in hollow promises, constant tensions
After the delayed trip, Blinken finally meets his Chinese counterpart in Beijing but their meeting doesn’t achieve a significant breakthrough.
Tech
Neuralink human trials could start “this year”, Elon Musk says
Brain-chip implants by Neuralink could start this year on human subjects, Elon Musk said.
Business & Finance
Markets weekly recap: US inflation dropping and divergence between central banks
Green is the warmest color, with every major index growing in the June 12th-16th week.
Business & Finance
Germany’s industries are crumbling, bringing the whole EU into recession
German industry output is in free-fall, extending its crisis into the entire European Union.
Business & Finance
Fed keeps interest rates stable but announces new future hikes
Jerome Powell was very clear: this rate stabilization is not going to last. More increases will be coming in 2023.
Business & Finance
Putin taxes oligarchs as Russia losses in Ukraine mount
Putin’s decision to invade Ukraine last year is depleting Russian revenues, forcing the state to enact special taxes.
