Author: staff
In March 2012 the Greek state had to pay a market yield of close to 40% on its outstanding ten-year bonds, effectively shutting it out of normal market borrowing. Even at that price, it found few takers. That same month, France raised ten-year money at under 3%. Fourteen years later the two have swapped places. France’s 10-year yield, the rate Paris pays to borrow for a decade, is trading near 4.50%. Athens pays about 4.28%. Investors are now demanding more interest to lend money to Paris than to Athens. The gap is small. What it says is not. Greece still…
The furious debate over artificial intelligence has hardened into warring camps, with a cautious middle caught between them. Here is a look at the battle lines in the war over a technology that is now the backbone of the economy and could decide the future of the planet. Both terms grew out of online AI debates on X and internet forums rather than formal usage, borrowing the slang habit of tech and crypto communities that coin shorthand for opposing camps. ‘Doomer’ describes those forecasting catastrophe, while ‘booster,’ sometimes used interchangeably with ‘accelerationist,’ describes those pushing for AI’s rapid, unrestrained development.…
By Tokunbo Salako with AP Published on 15/09/2026 – 10:23 GMT+2 Welshman Matthew Rhys has set a new standard at the Emmy Awards by winning top honours in three categories as Widow’s Bay swept the night taking a single-season record for comedy with 14 wins. Along with best actor in a comedy for Widow’s Bay, Rhys won best actor in a limited series for The Beast in Me, becoming the first man to win two leading actor categories in the same year. Rhys also took home a trophy as an executive producer for Widow’s Bay. “The celebrations will be long, varied, and I…
While 72% of global goods trade still takes place under the WTO’s most-favored-nation tariff terms, according to the report, that number stood at 80% two years ago, signaling a system under strain. “The WTO remains an important force shaping world trade, but the economy it governs is now far more integrated, digital, multipolar, and complex than the one its rules were designed for, and the stakes of reform are high,” he said. According to the report, there are four structural developments putting pressure on the global trading system: the changing distribution of economic power, the growing role of state intervention,…
Published on 15/09/2026 – 12:14 GMT+2 The drone shot down by NATO over Lithuania overnight on Tuesday had entered the country’s airspace from neighbouring Belarus, Vilnius said. The drone flew over Lentvaris close to the Lithuanian capital before being brought down near the village of Pratkūnai, according to Vilmantas Vitkauskas, head of Lithuania’s National Crisis Management Centre. It was the first time a drone was shot down over Lithuanian territory. The incident puts Minsk back in focus not only for helping Russia carry out drone attacks against Ukraine, but now also as a source of drone threats to NATO territory.…
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The bill that would finally tell American crypto companies which regulator governs them is moving again. Republican senators released what they called the final text over the weekend, containing a revised ethics package that US President Donald Trump has agreed to after months of deadlock. The CLARITY Act, formally the Digital Asset Market Clarity Act, would divide supervision of digital assets between the US Commodity Futures Trading Commission and the Securities and Exchange Commission, replacing a fragmented system in which classification has largely been settled through enforcement actions and litigation. The House passed its version in July 2025 by 294…
US President Donald Trump has poured scorn on warnings that artificial intelligence could wipe out humanity, branding the fears a “hoax” and rejecting calls from world leaders to rein in the fast-moving technology. In a barrage of six posts on Truth Social on Monday, Trump cast himself as the only safeguard the world needs against runaway AI, dismissing months of mounting alarm from tech executives, the United Nations and Beijing alike. “I am the Hoax Buster, and I’m right now breaking another Hoax — that AI is going to take over, consume, and destroy the World, and that Robots will…
Will the 21st century be the era of the “great transfer”? This notion, which first emerged in Anglo-Saxon private finance under the name _”_Great Wealth Transfer” before being taken up in economic and sociological research, refers to the transfer of wealth linked to the gradual disappearance of the baby-boomer generation. In France, experts estimate that several trillion euros could change hands over the coming decades. Culture is also a matter of transmission, and economic stakes are never far away. Can a music scene become part of our heritage? Musical cycles move much faster than generations: in the space of around…
The ratification push is only one strand of Ottawa’s broader European courtship. In separate talks, officials are working to lock in cooperation on critical minerals, education, digital infrastructure and Arctic security, with a meeting in Montreal next month set to move them forward. The Canada-EU agreement, which entered provisional force in 2017, has not been ratified by 10 of the bloc’s 27 countries, amid concerns that Canadian agricultural exports could hurt European farmers. Carney’s European pivot follows months of escalating trade hostility with Washington. In August, U.S. President Donald Trump imposed additional 50 percent tariffs on certain Canadian goods, including…