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When industrial policy meets African political realities: lessons from Uganda

Jan 10, 2022 13:44 pm UTC| Politics

Since the 2008/2009 global financial crisis, industrial policy has been widely celebrated as having become fashionable again. Joseph Stiglitz, Justin Yifu Lin and Célestin Monga argued in 2013 that governments...

Global Geopolitics Series

The U.S. failed in Afghanistan by trying to moralize with bullets and bombs

Jan 10, 2022 13:07 pm UTC| Insights & Views Politics

Last August, the world watched the chaotic and painful American departure from Afghanistan. It led to a profound reckoning: how could two decades of war end in such humiliating defeat at the hands of Taliban...

Mike Pence likely to cooperate with Jan. 6 committee but under a subpoena, says former aide

Jan 10, 2022 10:49 am UTC| Politics

Former Vice President Mike Pence was among the targets of the pro-Trump mob during the January 6 insurrection at the Capitol. As the Congressional committees probe continues, a former aide to Pence revealed that the former...

Iran imposes sanctions on additional US officials for Qassem Soleimani assassination

Jan 10, 2022 10:25 am UTC| Politics

Iran has recently taken further action against the US for its assassination of top general Qassem Soleimani. Tehran has now added more US officials to a blacklist for Soleimanis killing. Al Jazeera reports that Iran has...

Donald Trump investigation: Merrick Garland hinted whether or not DOJ is pursuing ex-POTUS

Jan 10, 2022 10:10 am UTC| Politics

With the House Committees investigation into the January 6 Capitol insurrection ongoing, many have expressed frustration regarding the moves of the Justice Department in pursuing indictments. According to The Guardian...

Kevin McCarthy criticized: Lawmaker says House Minority Leader is 'dumber version of Ted Cruz'

Jan 10, 2022 10:09 am UTC| Politics

Republicans in the House and the Senate have sought to downplay the January 6 Capitol insurrection following its one-year anniversary last week. Democratic Rep. Ruben Gallego recently criticized the recent incident...

Nancy Pelosi invites Joe Biden to make State of the Union address on March 1

Jan 10, 2022 08:50 am UTC| Politics

House Speaker Nancy Pelosi has extended the invitation to US President Joe Biden to deliver the State of the Union address to Congress this year. Biden would be addressing a very divided joint session of Congress on Mar....

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Economy

ECB May Stop Rate Hikes After December, Capital Economics Says

Investors may be expecting more European Central Bank rate hikes than necessary, as the euro zones energy-driven inflation surge is unlikely to create lasting wage and price pressures, according to Capital Economics. The...

Trump to Ease U.S. Fuel-Economy Standards

The Trump administration is set to unveil new U.S. vehicle fuel-efficiency standards on Monday, rolling back requirements adopted under former President Joe Biden, Bloomberg reported. President Donald Trump announced plans...

China Consumer Stocks Near Decade Lows as AI Shares Surge

Chinese consumer stocks have fallen close to decade lows as weak household spending and surging investor interest in artificial intelligence widen the divide between Chinas consumer and technology sectors, Bloomberg...

UK PM Burnham to Unveil Economic Vision at Labour Conference

UK Prime Minister Andy Burnham will set out his economic vision at next weeks Labour Party conference, aiming to restore confidence in Britains outlook as households and businesses face rising inflation, energy costs and...

Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending

Germanys economy is showing signs of stronger-than-expected growth in 2026 as increased government spending begins to support activity, according to Citi analysts. The fiscal boost is currently most visible in defence...

Politics

Germany Political Risks Rise as Merz Faces Coalition Pressure

Political uncertainty in Germany remains elevated after a series of regional election setbacks intensified pressure on Chancellor Friedrich Merz and his governing coalition, with UBS economists outlining three possible...

Iran Says Diplomacy Only Path to End U.S.-Israel Conflict

Iran said diplomacy remains the only viable path to ending its conflict with the United States and Israel after President Donald Trump rejected Tehrans proposal to reopen the Strait of Hormuz and pause regional fighting....

South Africa Seeks US Talks Despite Visa Restrictions

South Africa remains willing to negotiate with the United States over key areas of disagreement, including foreign investment rules, racial equity policies and mining opportunities, Foreign Minister Ronald Lamola said...

Taiwan Says U.S. Arms Sales Protect Chip Supply

Continued U.S. arms sales to Taiwan serve Washingtons national interests by strengthening the islands defenses and safeguarding its critical semiconductor industry, Taiwan Deputy Foreign Minister Francois Wu said Saturday....

China Agrees to Buy 20 Million Tons of U.S. Coal

China has agreed to purchase at least 10 million metric tons of U.S. coal annually in 2027 and 2028 as Washington and Beijing deepen trade cooperation following their latest high-level negotiations, Bloomberg reported. The...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

OpenAI AI Agents Bypassed UN Website Controls in Data Scraping

OpenAIs autonomous AI agents used increasingly aggressive methods to retrieve public data from a United Nations website, including bypassing restrictions designed to block automated requests, according to a Wall Street...

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...