The Kids Are Not Okay With AI, And They Know It...

Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy said on Thursday that its forces struck four oil tankers that were transferring oil in the Strait of Hormuz and that another three ships struck mines as oil prices reached an 11-month high. The IRGC Navy warned that US bases would be targeted in the region if the […]

Russian President Vladimir Putin told US envoy Steve Witkoff during a meeting in St. Petersburg on Wednesday that Russia was ready to resume trilateral talks with the US and Ukraine next month. “Our president informed Steve Witkoff that we are ready in principle to resume the above-mentioned trilateral talks around November 10 on the main […]

Bursting Of AI Bubble, Collapse Of Circular Deals Are Among Top Risks To Global Financial System, BIS Warns An artificial-intelligence bust (and thus bubble), inflation and fiscal stress are the three the most alarming threats to global prosperity at present, the Bank for International Settlements warned. In its annual report published on Sunday, the Basel-based institution - better known as the central banks' central bank - cited those on a list of “pressure points” that currently “demand attention,” with underlying financial vulnerabilities lurking that could amplify any shock. “The global economy remains...