US

Economic Fallout of Tariffs: Will Trump’s Trade Tactics Raise Global Prices?

U.S. President Donald Trump announced over the weekend the imposition of tariffs on imports from Mexico, Canada, and China. The move, aimed at bolstering American manufacturing and addressing the rising threat of illegal drugs like fentanyl, marks a sharp shift...
China's Trade Slowdown in November Sparks Concerns Amid Imminent U.S. Trade Risks

Global Markets Plunge Following Trump’s Tariff Announcement on Canada, Mexico, and China

Stock Markets in Europe and Asia Tumble Amid Growing Trade War Fears Shares across European and Asian markets suffered significant losses on Monday following US President Donald Trump's announcement of sweeping tariffs on Canada, Mexico, and China. Trump further stated...
Mexico is the leading supplier of vegetables and fruit into United States

Trump’s Tariff Gamble: America Braces for Economic Shockwaves

President Donald Trump is poised to impose sweeping tariffs on America's three largest trading partners: Mexico, Canada, and China. This move signals a far more aggressive approach than any taken during his first term and could profoundly impact the economy,...
Adnoc and OMV Eye Creation of $30 Billion Chemical Giant with Potential Nova Chemicals Acquisiti

Adnoc and OMV Eye Creation of $30 Billion Chemical Giant with Potential Nova Chemicals Acquisition

Abu Dhabi National Oil Company (Adnoc) and Austrian energy producer OMV AG are advancing discussions to establish a global chemicals and plastics powerhouse through a strategic merger and acquisition plan. The collaboration involves the potential purchase of Canada's Nova Chemicals...
DeepSeek-OpenAI

DeepSeek vs. OpenAI: A New Battle Brewing in the AI Arms Race

While Washington grapples with political chaos that seemingly escalates by the day, a seismic drama is unfolding in Silicon Valley. The source of this tech-world tremor? A Chinese AI upstart named DeepSeek, which has managed to disrupt the global artificial...
deepseek and ChatGPT, Google Gemini, and Microsoft Copilot

DeepSeek AI Shakes the Market, Rattles AI Giants: What ChatGPT, Google Gemini, and Microsoft Copilot Think of It

The AI landscape has been thrown into turmoil by the sudden rise of DeepSeek R1, a China-developed artificial intelligence chatbot built on a cost-effective large language model (LLM) infrastructure.  Dubbed the "AI disruptor," DeepSeek has captivated global markets and triggered...
DeepSeek AI

DeepSeek’s Breakthrough AI Model Sparks Energy Sector Shake-Up

Chinese AI startup DeepSeek has unveiled its groundbreaking chatbot, powered by an open-source R1 model. This development is redefining expectations around the energy and computing costs required to build cutting-edge artificial intelligence systems. What makes DeepSeek's accomplishment so disruptive is...
DeepSeek

DeepSeek Sends Shockwaves Across Tech Industry, Wiping Out $1 Trillion from US Tech Giants

Silicon Valley Hit by AI's 'Sputnik Moment' as DeepSeek Overtakes ChatGPT First came ChatGPT, then Gemini, followed by Grok—but when DeepSeek entered the scene, it sent shockwaves across the tech industry, made investors anxious, and wiped off $1 trillion from US tech giants in...
DeepSeek AI

Low-Cost Chinese Chatbot DeepSeek Sends Shockwaves Through US Tech Industry

Shares in major US technology firms have taken a significant hit in response to the sudden rise of DeepSeek, a Chinese artificial intelligence (AI) chatbot that has quickly gained popularity and posed a direct challenge to established American AI giants. The...
Crude Oil Prices

Oil Markets Plunge Amid Trump’s Push for Lower Prices and Increased Production

Oil markets took a sharp turn on Friday, as crude prices declined following U.S. President Donald Trump’s calls for the Organization of the Petroleum Exporting Countries (OPEC) and its de facto leader Saudi Arabia to cut oil prices. Trump’s remarks,...
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