Elon Musk, CEO of Tesla and owner of X, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, September 13, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Turkish President Recep Tayyip Erdogan has extended an invitation to Elon Musk to build his forthcoming Tesla factory in …
India’s Prime Minister Narendra Modi (R) shakes hand with International Monetary Fund Managing Director Kristalina Georgieva ahead of the G20 Leaders’ Summit at the Bharat Mandapam in New Delhi on September 9, 2023. Evan Vucci | Afp | Getty Images NEW DELHI — According to the International Monetary Fund’s Managing Director Kristalina Georgieva, the Biden-led …
India’s Prime Minister Narendra Modi delivered a speech at the opening session of the G20 Leaders’ Summit on September 9, 2023. The summit saw the Group of 20 nations come together and reach a consensus on various issues to enhance development in the Global South. In a joint declaration consisting of 83 paragraphs, the G20 …
Indian artist Jagjot Singh Rubal adds the final touches to an oil painting of U.S. President Joe Biden at his workshop in Amritsar on September 5, 2023, just before the start of the two-day G20 summit in New Delhi (Narinder Nanu | AFP | Getty Images). NEW DELHI – Indian Prime Minister Narendra Modi and …
Saudi Crown Prince Mohammed bin Salman recently attended a meeting in Athens, Greece, which has further fueled anticipation and rumors surrounding the potential normalization of relations between Saudi Arabia and Israel. Despite never forming formal ties, there has been growing cooperation between the two countries in recent years. Both Saudi Arabia and Israel share a …
An aerial view shows the Central Bank of India building, in Mumbai, India, 28 September, 2022. (Photo by Niharika Kulkarni/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images The global economy is facing a slowdown as inflation remains persistently high, although there may be some areas of resilience, according to Moody’s Investors Service. Marie …
Signage at a residential project developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Bloomberg | Bloomberg | Getty Images JPMorgan has revised its global emerging markets corporate high-yield default forecast, citing increasing concerns about contagion in China’s property sector due to the potential default by Country Garden. …
In the workshop of a machinery and equipment manufacturing enterprise in Qingzhou Economic Development Zone, East China’s Shandong province, a worker is seen engaged in welding. (July 17, 2023) Image Source: Future Publishing | Getty Images In July, factories in Asia experienced a slowdown in demand as both domestic and global orders declined, signaling a …
Investors may consider reducing their exposure to international markets at this time and focusing on domestic opportunities. Kim Arthur, CEO of Main Management, believes that global markets will face significant challenges due to the weakening US dollar. “The future performance of international stocks compared to US stocks is heavily influenced by the movement of the …
Residents waiting at a bus stop under a large Turkish flag in Istanbul, Turkey, on Sunday, April 30, 2023. Bloomberg | Bloomberg | Getty Images Turkey’s central bank has announced a significant increase in the country’s key interest rate, raising it from 8.5% to 15%. This decision comes as part of the new economic administration …