AI Is Creating an Economy of Abundance - Are Governments Becoming the Next Stakeholders?
AI is transforming work and creating unprecedented productivity. The next debate may be whether governments become partners in the AI economy.
Featured News
Oman Crude Slides to $72.20, Extending 57% Retreat from Hormuz Crisis Peak
Official Oman crude for August delivery settled at $72.20 a barrel on Friday, down $1.00 from Thursday's $73.20, extending a correction
Russia Cuts Rates Less Than Expected Despite Cooling Inflation
Russia cut interest rates by less than expected as a stronger ruble slowed inflation, while policymakers warned that price risks remain elevated.
UAE Stocks Retreat Despite AED 3.52 Billion Turnover as Investors Take Profits
Dubai and Abu Dhabi stocks fell despite strong turnover of AED 3.52 billion, as investors locked in gains across major UAE equities.
German Inflation Hits Three-Year High as DAX Rallies and ECB Rate Bets Build
German producer inflation hit a three-year high as the DAX rallied and rising Bund yields reinforced expectations of further ECB rate hikes.
Dollar Near One-Year High as Hawkish Fed Fuels Rate Hike Bets
The dollar hovered near a one-year high as hawkish Fed signals and elevated Treasury yields increased expectations of another US rate hike.
SpaceX Falls to $185 as Four-Week Selloff Deepens to 37%
SpaceX fell 3.56% to $185, extending its four-week decline to 37%, as investors reassess the valuation of Elon Musk's space and satellite giant.
US Gasoline Falls Below $4 a Gallon After Preliminary Iran Deal
GCC Pulse Climbs 0.51% as UAE Stocks Lead Regional Recovery
GCC Stocks Close Mixed as Dubai Jumps and Abu Dhabi Extends Rally
Kuwait Offers Crude Cargoes After Lifting Force Majeure and Resuming Exports
UAE Moves to Ban Social Media Accounts for Children Under 15
Revolut to Launch in UAE After Securing Central Bank Licenses
UK Retail Sales Jump 1.2% in Surprise Boost to Economy
Multinationals Shield Ireland From Iran Shock, Central Bank Says
Fed Holds Rates Steady as Officials Split Over Potential Hikes and Raise Inflation Forecasts
UK and Japan Deepen Economic Partnership With More Than $24 Billion in Energy and Technology Investments
Masdar Expands European Footprint with AED 3.62 Billion Renewable Energy Deal in Spain
Brazil and India Move to Shield Fuel Markets as Energy Shock Pressures Persist
Brent Falls Below $78 as Markets Price in Return of Iranian Oil and Strait of Hormuz Reopening
Oil Slides More Than 4% as Prospects of a US-Iran Deal Trigger Sharp Repricing Across Global Markets
Gold Loses Nearly 27% From Record High Despite War, Inflation and Energy Shock
Binance on the Brink of EU Market Exit Ahead of July 1 MiCA Deadline
Bitcoin Climbs Above $64,500 as Middle East Peace Hopes Improve and SpaceX Reveals $1.29 Billion BTC Reserve
Bitcoin Inflows Slow as Investors Shift Capital Toward AI Opportunities, Bernstein Says
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