Alex

US President Donald Trump rescinded the Biden administration’s sweeping executive order regulating artificial intelligence (AI), marking a significant shift in federal oversight of the rapidly advancing technology.

In 2024, key US political events included an assassination attempt on President-elect Trump, Biden's campaign failure, and a Supreme Court ruling exempting presidential actions from prosecution. As Trump's influence rises in 2025, tensions in US–China relations will escalate, with a potential second trade war depending on both Trump's advisers and China's response.

The global economy will underwhelm in 2025. Policy-makers may be satisfied with global growth rates around 3%. But they are failing to address fundamental challenges and the global economy is muddling along, a far cry from the 4% and higher average rates in past decades. US President-elect Donald Trump’s trade policies could deal a rude shock to the outlook. Meanwhile, the termites keep feasting away at the global economic foundations.

The U.S. Department of Labor today approved up to $10 million – with $1 million released initially – in emergency grant funding to California to support disaster-relief jobs and training services for those affected by the devastating wildfires in Los Angeles County.

December CPI. We forecast headline CPI at +0.3% m/m SA (2.8% y/y) and Core CPI at +0.2% m/m SA (3.3% y/y), mostly in line with consensus. The PPI data released already yesterday pointed towards slightly lower-than-expected price pressures.

For decades, external voices have often narrated Africa’s economic story through a narrow lens of challenges: uneven growth, energy deficits, food insecurity, extreme poverty, mounting debt and stalled reforms. While these obstacles are undeniable, they overshadow a more compelling narrative of resilience, innovation and cautious hope.

US President-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration, according to people familiar with the plans.

The World Bank on Thursday warned that US across-the-board tariffs of 10% could reduce already lacklustre global economic growth of 2.7% in 2025 by 0.3 percentage point if America's trading partners retaliate with tariffs of their own.

If you follow sports for any length of time, you will experience a fair share of disappointments. After a poor season, the excitement starts in a franchise’s front office: turnovers in coaching, player trades and draft positions can put the team on a new trajectory. Hope once again springs eternal.