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Relevance untilWar in Iran drags down wage growth in Western countries
The armed conflict in Iran, which has unleashed large disruptions to hydrocarbon supplies from the Middle East and a rapid rally in energy prices, has dealt a serious blow...
China directs major banks to boost yuan share in cross-border trade
In light of escalating tariff and trade tensions with the United States, the People’s Bank of China has significantly tightened its requirements for the country’s largest financial institutions regarding...
OpenAI head walks back ‘job apocalypse’ warnings
OpenAI CEO Sam Altman projects that the rapid development and widespread adoption of artificial intelligence technologies will not lead to a global apocalypse in the labor market. Speaking virtually...
Inflation in eurozone exceeds target level due to soaring energy prices
The European Central Bank is ready to take all necessary steps to bring consumer inflation growth back to the target rate. ECB Governing Council member Olaf Sleipen said...
Banking App Stablecoins: Why Retail Crypto Dollars Need Utility After Launch
Retail customers are finally seeing stablecoins appear inside their everyday banking and payments apps. That’s a milestone—but it’s only the first step. Turning a launch into durable, habit-forming utility...