As you are all too aware, the recession and recent world events have hit the global economy hard. Suppliers, manufacturers, and retailers have been thrown into disarray by the collapse or near collapse of their ecosystems. Small and micro businesses are the perfect candidates to fill the vacuum and return the economy to a robust […]
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China’s exports unexpectedly surged in March, with officials flagging rising demand for electric vehicles, but analysts cautioned the improvement partly reflects suppliers catching up with unfulfilled orders after last year’s COVID-19 disruptions. Exports in March shot up 14.8% from a year ago, snapping five straight months of declines and stunning economists who predicted a 7.0% […]
The dollar remained subdued in Asian trade on Thursday after weakening overnight as cooler-than-anticipated U.S. inflation data stoked expectations that the Federal Reserve’s monetary tightening will end next month with one last interest rate hike. The dollar index, which measures the currency against six major peers, slid 0.6% overnight and was threatening to touch a […]
The US economy is often considered the backbone of the global financial system. It has been showing signs of weakness in recent months, with data pointing towards sluggish growth and lower-than-expected performance in various sectors. This has led to a ripple effect on global markets, impacting not only the US dollar index but also other […]
The world’s biggest factory and most populous nation has opened for business after three years, leading to a surge in demand as well as concerns it will add to global inflationary pressures. But economists say investors need not worry too much. China’s swift dismantling of a zero-COVID policy has come as global central banks are […]
China’s current plan for self-reliance has sparked a sense of competition in the global community. As the world’s second-largest economy and a leader in technological advancement, China’s quest for independence and sovereignty has the potential to shape the future of the global economy and technology. But to truly fulfill its vision of self-reliance, China must […]
In the grand scheme of things, artificial intelligence (AI), as it currently is, is still a newborn, a toddler at most. However, its potential power has nations racing to achieve true AI power. As things stand, AI will be as important as many of the usual factors determining where a country sits on the geopolitical […]
In today’s world, we are constantly looking for ways to make life easier, tasks quicker, and our days more “productive.” And sometimes, we tend to be impressed with the sophisticated look of smart-home automation, forgetting that all that glitters isn’t gold. In fact, a 2019 study, “More than Smart Speakers: Security and Privacy Perceptions of […]
A new carbon dioxide battery (CO2) has entered the energy market. Yes, you did read that right, a CO2 battery, and it might be just what wind turbines are looking for to help them harness the full force of the wind. Carbon dioxide is used in the technology to store heat and pressure energy. It’s […]
The U.S. Energy Department said on Friday it will lend ioneer Ltd up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan to develop a domestic electric vehicle supply chain. Ioneer shares were up 16.3 percent at $16.30 on Friday afternoon in […]