India’s investors are shifting their portfolios toward exchange-traded funds (ETFs) focused on gold as the country’s equity market has crashed. (See “Trillion-Dollar Sell-Off Hits India’s Stock Markets,” 18 Mar 2025.)
Author: admin (Kendrick Williams)
FOREIGN INVESTORS ARE RETURNING TO CHINESE STOCKS
China’s sudden emergence as a global player in artificial intelligence, combined with Beijing’s easier hand of regulation, is drawing foreign investors back to Chinese equities.
CLIMATE KA-CHING: FRAUD AND WASTE OF THE 2022 INFLATION REDUCTION ACT NOW SUBJECT OF LAWSUIT
The Inflation Reduction Act (IRA) of 2022, signed into law by President Joe Biden on August 16, 2022, was sold as a $783 billion game-changer to fight climate change, bolster healthcare, and trim the federal deficit. Packed with tax credits, green energy grants, and IRS muscle, it promised a cleaner, fairer America.
POLLUTED MOTIVES: THE LATEST IN GREEN ENERGY ‘SYNTHETIC SELLS’ AND ABSURDITIES
Planting trees to support environmental sustainability and sequester carbon naturally, like so much else, has been completely subverted by what we have long termed “the synthetic sell.”
AARDVARK PUTS WORLD-CLASS WEATHER FORECASTS ON YOUR DESKTOP
The “Aardvark” weather forecasting AI will bring to personal digital devices the same world-class forecasts that AI has recently made far quicker and less expensive than has been available, the developers said.
“INFERENCE” IS THE NEW BATTLEGROUND FOR AI CHIP MAKERS
Nvidia leads the world in making ever more complex and costly chips that train AI models. Now chip makers looking to take a piece of Nvidia’s market share have found a new path to that goal.
DEEPSEEK STICKS TO RESEARCH, NOT REVENUE-SEEKING
Unlike AI Western developers, Chinese company DeepSeek has reacted to its recent fame and soaring sales by focusing even more heavily on research, not chasing greater and greater revenue.
ANOTHER CHINESE DEVELOPER CLAIMS AN AI BREAKTHROUGH
Ant Group, the largest Chinese digital payments and financial services group, claims it has used Chinese-made chips to train a large language model AI at a cost 20 percent below that incurred by Western developers such as Anthropic, Google, and OpenAI.
SPUTNIK SAYS RUSSIA NOT INTERESTED IN GOING BACK TO SWIFT SYSTEM
Russia based Sputnik News reported this past week that the U.S. is currently apparently offering a return to the international banking and payments community to the country, as an incentive to negotiate for peace in the Russia Ukraine conflict.
HIGH-TECH SCIENCE SPECIAL REPORT: SERVICE ROBOTS ARE HERE TO HELP
Japan, with one of the world’s oldest populations, faces a labor shortage. The lack is particularly acute in restaurants, where servers work hard, pay is low, and grumpy customers must be kept happy.