Online ‘ethno-nationalism’ on rise in UK, Badenoch says
Conservative party leader describes being the target of ‘hysterical’ personal attacks
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BofA sees the replacement of people with process solving the ‘productivity paradox,’ because ‘a process is almost free and it’s replicable for eternity’
“I think people love this AI technology because it feels like sorcery,” BofA’s Savita Subramanian said. “The truth is it hasn’t really changed the world that much yet, but I don’t think it’s something to be dismissed.”
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Russia is ‘teetering on the brink of a recession’ and headed for a disastrous harvest, while Putin’s other top source of cash plunges
“We also think there’s a significant probability of Russia’s economy slipping into a technical recession in the coming quarters.”
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A duty-free exemption is about to expire amid Trump’s trade war. So postal services across Europe will halt shipments to the U.S.
The exemption, known as the “de minimis” exemption, allows packages worth less than $800 to come into the U.S. duty free.
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Why banks should leverage AI to serve more than the affluent—and build a financial system for everyone
Around one billion people still lack access to formal financial systems. AI can help close the gap—in part by allowing for collateral-free lending.