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LONDON, May 18 (Xinhua) -- The depth of disagreement in the United States and so in Congress has made a voluntary default by the world's most important country possible, said an opinion piece in Financial Times on Tuesday.
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An increasingly personal spat among conservatives could have big implications as the U.S. nears potential economic disaster.
If the economy avoids a recession and sees a soft landing, it will be in spite of the Fed, not because of it.
Apr 16, 2023 // Rapid advances in AI have dazzled and at times frightened the world, and now some tech icons such as Elon Musk are calling for a moratorium on AI systems training. Yet while generative AI will have an outsize impact on economies, concerns over lagging regulation are overblown, writes Michael R. Strain.
AI’s detractors tend to understate the pace of technological change that advanced economies have already been living through.