INT
US GDP growth will slow in the rest of 2024 and 2025
US GDP grew by an annualised 2.8% in the second quarter, stronger than the first three months due to higher consumption
United StatesChina’s AI progress heats up geopolitical competition
US media articles yesterday highlighted concerns over the future of artificial intelligence (AI)
InternationalEU Artificial Intelligence Act will have limited reach
The EU’s Artificial Intelligence Act will come into force next week
EUG20 cooperation will continue but actions are limited
The G20 meeting underway promises greater cooperation on taxation, climate, non-bank risks and currency volatility
InternationalCentral bank digital currencies diverge and progress
The euro area’s central bank digital currencies (CBDC) project is lagging behind the Chinese equivalent
InternationalTech sell-off will not change AI's global trajectory
A sell-off in technology stocks promoted a sharp fall in US stock market indices yesterday
InternationalFurther interest rate cuts are likely in China
The one-year medium-term lending rate was cut by 20 basis points (bp) today, days after the seven-day rate was cut
ChinaHarris will not win back ‘Little Tech' Trump backers
Kamala Harris looks set to recover support from parts of Silicon Valley, but not from AI and crypto start-ups
United States
