US Economy Grows 3.4% In Q3, Fastest Pace In A Year, Supercharged By Massive AI Capex Spending

Lebanon Hosts The World's Highest Concentration Of Refugees, US Ranks 82nd The countries carrying the world’s largest refugee burden are often not the ones most people expect. Using data from the UNHCR via Our World in Data, this graphic, via Visual Capitalist's Dorothy Neufeld, ranks countries by the number of refugees hosted per 1,000 residents in 2024. The results reveal how proximity to conflict frequently matters more than economic size. Many of the countries at the top of the ranking border active war zones and have absorbed large refugee populations relative to their...

Trump Pushes Zelensky To Halt Russia Refinery Attacks Amid High Diesel  President Trump continues to seek to pressure Ukraine's Zelensky to halt long-range drone strikes on Russia's refineries, in a bid to calm rising diesel prices especially while the parallel Strait of Hormuz crisis persists. Financial Times reports Monday that the US president just held a fresh phone call with his Ukrainian counterpart over the matter, where Zelensky was pressed over the strikes as Washington wants "Russian supplies to be able to reach the global market to provide relief" - also...

World Bank Warns Asia Is Running Out Of Money To Fight Energy Shock Authored by Irina Slav via OilPrice.com, Asian countries have responded more aggressively than others to the energy supply crunch caused by the U.S. and Israeli war on Iran and now they are running out of resources to continue their response, the World Bank warned in a new report. The report actually focuses on the potential of artificial intelligence to help Asian economies grow but names energy import vulnerability as one major headwind to that growth. "Subsidies have been by far...