Immigration is surging, with big economic consequences – The Economist
The rich world is in the midst of an unprecedented migration boom. Last year 3.3m more people moved to America than left, almost four times...
Author : Nelli Avetisyan
UK house prices fall unexpectedly for second month in a row – The Guardian
UK house prices have fallen unexpectedly in April for a second consecutive month, according to the building society Nationwide, as interest rate uncertainty and more...
Asia’s Growth and Inflation Outlook Improves, but Risks Remain
The outlook for Asia and the Pacific in 2024 has brightened: we now expect that the region’s economy will slow less than we previously projected...
Inflation in UK shops slows amid price cuts on clothes and shoes – The Guardian
Prices in UK shops rose at their slowest rate since late 2021 in April as deep discounts by clothing and footwear retailers put the brakes...
Samsung reports enormous jump in profit on AI boom – CNN
Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some high-end chips, joining rivals in benefiting from a solid rebound in the...
AI Startups Have Plenty of Cash. They Often Don’t Yet Have a Business – WSJ
Artificial intelligence startup Imbue has hoodies branded with its circular orange logo, an office in the heart of San Francisco and marquee investors who lavished...
Tesla shares surge after Elon Musk secures deal with China’s Baidu – The Financial Times
Tesla shares surged after chief executive Elon Musk struck a deal with China’s search and mapping group Baidu paving the way for the US company’s...
Microsoft to Invest $1.7 Billion in Cloud, AI Tech in Indonesia – Bloomberg
Microsoft Corp. will invest $1.7 billion to build out cloud computing and artificial intelligence infrastructure in Indonesia, betting on Southeast Asia’s biggest economy to spur...
PODCAST: Global Financial Stability: Fragilities Along Disinflation’s Last Mile
As inflation slowly subsides and optimism pervades financial markets, the latest Global Financial Stability Report (GFSR) warns of potential setbacks. Fabio Natalucci and Jason Wu...
The Pandemic Financing Developing Countries Need
COVID-19 taught the world that establishing novel financial mechanisms in the midst of a pandemic is practically impossible. That is why multilateral development banks must...