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AI's promise and pitfalls will affect key domains

Location:

INT

AI promises to drive economic efficiencies across sectors, improve the delivery of critical services such as healthcare, democratise access to knowledge and skills, and tighten…

China’s property downturn resolution will take years

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CHINA

The housing market is experiencing its largest downturn, triggered by government action in 2020 to limit financial risks from the property sector by introducing debt ceilings for…

Diamond sanctions will have a modest impact on Russia

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RUSSIA

The ban will be extended by the end of the year to include diamonds polished in third countries, lab-grown diamonds, as well as jewellery and watches containing diamonds. The new…

Oman's LNG exports will increase as oil plateaus

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OMAN

Previously, in January, the energy ministry announced it was offering three new oil and gas concessions. Muscat wants to engage private companies in efforts to unearth fresh…

South Africa may oppose world’s largest mining deal

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SOUTH AFRICA

Although Anglo American’s board promptly rejected the bid, BHP is expected make a revised offer. This would have major implications for Southern African mining, as BHP has…

China’s local governments will accumulate hidden debt

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CHINA

Local governments’ fiscal positions have become increasingly untenable post-pandemic amid a property market downturn. Record numbers of local government financing vehicles (LGFVs…

More upheaval may await Europe’s carmakers

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EU

Speculation that Europe’s carmakers might be exploring partnerships to produce more affordable electric vehicles (EVs) and withstand global competition, particularly from China…

EU supply chain law faces major obstacles in Germany

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EU/GERMANY

The vote was lost following Germany’s decision to oppose the directive, which encouraged others to abstain. There are only a few weeks left for the Council to vote again on the…

EU will be assertive with new trade defence tools

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EU

First cases pursued under the FSR show it could be one of the most far-reaching of the strategic autonomy measures introduced under this Commission. One Chinese company has…

Competition in the AI value chain will be fierce

Location:

INT

This follows a similar launch by Databricks, a cloud-based AI data management platform. Companies along the AI value chain are increasingly launching new GenAI models to funnel…