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2d07/09war-conflict · 4/5

Goldman Sachs Sounds Alarm Over Fresh Threat to Global Oil Supplies

A week after it warned that an oil glut is coming, Goldman Sachs has done a U-turn, warning that the renewed hostilities in the Persian Gulf threaten an extended supply disruption. “While Middle Eastern producers have started reopening their shut-in wells over the last month, Hormuz disruptions could slow down the production recovery,” the bank’s commodity analysts said, as quoted by Bloomberg. They added that Middle East oil production remains 10.5 million barrels daily below pre-war levels. “T

unclassifiedmiddle-east · russia · usa
2d07/09

AI and economy fuel stress for 40% of DSE candidates: Hong Kong youth group poll

Fewer Hong Kong university entrance exam candidates reported high stress levels compared with last year, but nearly 40 per cent cited artificial intelligence (AI) and the economic outlook as their top sources of stress, a survey has found. Releasing the findings of its “Further Education Planning Survey” on Thursday, the Hong Kong Federation of Youth Groups attributed the pressure to concerns that AI would increasingly replace entry-level jobs. The poll surveyed 1,241 secondary students,...

unclassifiedchina · asia · usa
2d07/09war-conflict · 3/5

Myanmar has ‘a mountain to climb’ to woo 2 million tourists a year

Myanmar’s dream of achieving 2 million tourist arrivals annually – seen to be an effort by the junta-led government to secure global legitimacy – is fraught with hurdles, analysts warn. Authorities have been ramping up efforts to bolster Myanmar’s tourism sector, which fell following the 2021 coup that led to widespread civil unrest across the country. Over 100,000 deaths have been logged since the crisis, according to conflict monitor Armed Conflict Location and Event Data. More than 973,000...

unclassifiedchina · asia · usa
2d07/08war-conflict · 3/5

Trump surprises Nato allies with arms deals and praise as summit ends positively

US President Donald Trump has promised new arms sales in Europe, including advanced air defence systems to Nato allies and Ukraine, as the transatlantic alliance ramps up its military partnership, signalling a potential thaw after Trump repeatedly railed against the coalition. In a press conference on the last day of the Nato summit in Ankara, Turkey, on Wednesday, Trump said that as European nations rebuild their militaries, American equipment will be the “largest beneficiary”, claiming US$3...

unclassifiedchina · asia · usa
2d07/08war-conflict · 3/5

Anthropic hits back after China warns of Claude Code ‘backdoor’ risks

US artificial intelligence company Anthropic said users in China being advised to uninstall its flagship Claude Code product were not supposed to be using it in the first place, responding after Beijing warned of security “backdoor” risks. The company’s statement comes after a cybersecurity platform managed by China’s Ministry of Industry and Information Technology (MIIT) said on Wednesday that Anthropic’s agentic coding tool poses “a serious threat” to Chinese users, in the latest escalation of

unclassifiedchina · asia · usa
2d07/08

West Texas Cowboys Are Cashing In on the AI Land Rush

Forty miles outside Abilene, in the highlands between Taylor and Nolan counties, 421 wind turbines have spun since 2006. Horse Hollow was the largest wind farm on earth when it went up…nearly 47,000 acres of cattle country and mesquite scrub, leased from ranch families who mostly kept running cattle underneath the blades. West Texas doing what West Texas does best…selling the wind nobody else wanted. Twenty years later, the same stretch of the state is selling something else nobody has enough of

unclassifiedmiddle-east · russia · usa
2d07/08

China Plans 1,000-Satellite Network to Watch Over Central Asia

China is planning to deploy a constellation of over 1,000 remote-sensing satellites to observe Central Asia, according to China’s official news outlets Xinhua and The People’s Daily. The first batch of five satellites of the Tianwu Constellation is expected to be launched into orbit by the end of 2026. The project is presented as a combined initiative with Kazakhstan, Uzbekistan and Tajikistan, with a declared purpose of monitoring environmental developments and reducing the potential harm cause

unclassifiedmiddle-east · russia · usa
2d07/08war-conflict · 1/5

Value factor as a return booster?

Hello everyone, I'm currently reading up on factor investing and would like to get your opinion on a potential strategy expansion. The common mantra here in the forum or as with Finanzfluss/Finanztip is usually: “Keep it simple” via MSCI World + EM or directly as a one-ETF solution via the FTSE All-World. This is absolutely solid as a forecast-free basic investment, but I wonder whether performance is being left behind here. Specifically, I got the iShares Ed

Socialunclassifiedgermany · usa · europe
2d07/08war-conflict · 3/5

IMF sees world economy growing just 3% this year amid Iran war

The International Monetary Fund on Wednesday modestly downgraded its outlook for the world economy this year, citing the energy shock caused by the Iran war. But the fallout from the conflict is being partially offset by booming investment in artificial intelligence and other technologies. The IMF now expects the global economy to expand by a sluggish 3 per cent in 2026, down from 3.5 per cent last year and from the 3.1 per cent it had forecast for this year back in April. The fund expects...

unclassifiedchina · asia · usa
2d07/08

Alternative investment to expensive R+V insurance for retired mom

TL;DR: Mother (65, just retired) was sold an expensive unit-linked R+V pension insurance in 2022 (~2.7% costs p.a., current value ~€107,700). I'm thinking about terminating it and simply and cheaply switching the money into overnight money/fixed-term deposits + a small ETF share. Am I missing something? (Text is structured somewhat with LLM) About the person My mother is 65, recently retired, has a paid-off house and will soon receive a small statutory pension. Important for you: capital preservation,

Socialunclassifiedgermany · europe · uk
2d07/08

Alibaba shares spike 12% in Hong Kong as T-Head chips, AI revenue fuel earnings optimism

Shares of Alibaba Group Holding surged to a high of 13.8 per cent in Hong Kong on Wednesday as equity analysts expect revenue to reaccelerate in the June quarter, driven by growing demand for artificial intelligence and narrowing losses in food delivery. The gain, the strongest this year, came before the company closed up 12.2 per cent at HK$107.5 (US$13.71). Rivals Tencent Holdings and Meituan saw their shares grow 3.8 and 3.3 per cent, respectively, while the Hang Seng Tech Index increased by.

unclassifiedchina · asia
3d07/08war-conflict · 2/5

Nato, Indo-Pacific 4 pledge defence, tech boost as deeper China-Russia ties spark alarm

Nato and its Indo-Pacific partners have pledged to expand cooperation in defence industry and advanced technology as the transatlantic security alliance boosts its military build-up in the face of deepening Russia-China ties. Secretary General Mark Rutte on Tuesday met with top officials from the Indo-Pacific Four (IP4) partner nations – Australia, Japan, New Zealand and South Korea – on the sidelines of the Nato summit in Ankara. The talks featured South Korean President Lee Jae Myung and...

unclassifiedchina · asia · usa
3d07/08

BYD challenges Porsche’s 911 with launch of electric supercar in Europe

Chinese electric vehicle (EV) assembler BYD has set its sights on Porsche’s supercars with plans to sell its Denza-branded new models in developed markets, the latest sign of its increasing heft in designing and manufacturing premium vehicles. The Shenzhen-based carmaker planned to unveil the Denza Z sports car featuring BYD’s self-developed intelligent DiSus body control ­system at the UK’s Goodwood Festival of Speed on Thursday, it announced in a statement. The European debut of the sports...

unclassifiedchina · asia · europe
3d07/08

Google DeepMind director Cao Liangliang makes a boomerang-return to Hong Kong

In a homecoming for Hong Kong’s artificial intelligence community, Cao Liangliang – former principal engineer and director at Google DeepMind, IEEE Fellow and architect of foundational AI systems at Google, Apple and IBM – has returned to the city after a two-decade absence. His appointment as Chair Professor of Data Science and Artificial Intelligence at Hong Kong Polytechnic University (PolyU) last week completes an intellectual boomerang trajectory that began under renowned mentor Tang...

unclassifiedchina · asia
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