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US-China AI talks matter despite major limits
Washington and Beijing are holding their first formal bilateral talks on AI risks
United StatesEvolution in cybercrime needs security upgrades
Cybercriminals are constantly evolving their tactics, necessitating equally agile defensive strategies
InternationalUS AI export rules will annoy but not surprise China
A bipartisan bill wants to enshrine in law powers to restrict AI exports to China
United StatesNet trade may subtract from China’s GDP this year
China’s exports grew by 1.5% in April while imports grew by 8.4%, a sizeable improvement on the recent import trend
ChinaA UK rate cut this summer is growing more likely
The Bank of England left rates on hold as widely expected but one more member than last month voted for a cut
United KingdomClimate needs and debt to hit lower-income states hard
Higher US rates for longer risk increasing debt interest costs for developing states and lowering climate spending
InternationalTech advances should eventually spark a platinum rally
Technological breakthroughs will eventually lift demand for platinum, raising prices amid frequent supply disruptions
InternationalUS AI export controls against China are likely
The Biden administration wants to prevent China from gaining access to the most advanced AI models
United States