Global Growth Forecast Is Lifted but Risks Loom, O.E.C.D. Says The global economy has proved resilient and inflation has declined, but any widening of the conflict in the Middle East could increase price pressures and dampen growth. 05/2/2024 - 7:37 am | View Link
UK to be slowest-growing G7 economy next year, warns OECD – as it happened Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ... 05/2/2024 - 2:08 am | View Link
Federal Reserve says interest rates will stay at two-decade high until inflation further cools The Federal Reserve emphasized that inflation has remained stubbornly high and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably ... 05/1/2024 - 9:54 am | View Link
Federal Reserve signals interest rates will stay at two-decade high until inflation further cools Federal Reserve signals interest rates will stay at two-decade high until inflation further cools. 05/1/2024 - 7:06 am | View Link
Fed likely to hint interest rates will stay higher for longer. But how high for how long? The Federal Reserve meets for the first time since recent high inflation reports dampened hopes it would cut interest rates three times this year. 04/30/2024 - 7:01 am | View Link
Boeing Starliner Flight of NASA Astronauts Is Scrubbed The New York Times'Buzzing' rocket valve pushes 1st astronaut launch of Boeing's Starliner capsule to May 10 Space.comAtlas 5 valve repair will delay Starliner's first crewed mission to May 17 at the earliest – Spaceflight Now Spaceflight NowOfficials describe telltale ‘buzz’ that led to last-minute scrub of Boeing Starliner’s crewed launch CNNElon Musk bashes historic Boeing astronaut flight, SpaceX did it first Business Insider
The head of Saudi Arabia’s new investment fund for semiconductor and artificial intelligence technology said the country would divest from China if it were asked to do so by the US.
“So far the requests have been to keep manufacturing and supply chains completely separate, but if the partnerships with China would become a problem for the US, we will divest,” said Amit Midha, the chief executive officer of Alat, an investment firm backed by $100 billion in capital from the Public Investment Fund.
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US officials have told their Saudi Arabian counterparts that they need to choose between Chinese and American technology as they aim to build out the Saudi Arabian semiconductor industry, Bloomberg has reported, as part of ongoing talks on a range of national security issues.
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