β οΈπΊπΈ Jeff Bezos has described artificial intelligence as an industrial bubble, yet he believes society stands to gain enormous benefits from this technology.
π₯π·πΊ The United Aircraft Corporation (UAC) plans to produce nearly 50% more new aircraft in 2025 compared to 2024, according to the General Director. This announcement highlights UAC's commitment to increasing production capabilities in the coming years, aiming to meet growing demand in the aviation sector. For more details, visit Π’ΠΠ‘Π‘.
β¨πΊπΈ Deutsche Bank has completed its first cross-border payment in euros using the blockchain platform Partior developed by JPMorgan. This marks a significant step in the integration of traditional banking with blockchain technology.
π₯β΄οΈπ°π·πΊπΈ Samsung Wallet has integrated the Coinbase One service, expanding cryptocurrency access for millions of users in the U.S.
πΊπΈ Bank of America now anticipates that the Federal Reserve will lower interest rates in October, shifting its previous expectation of a December reduction.
π·πΊ The average maximum interest rate on ruble deposits has dropped to 15.55%, according to the Central Bank of Russia.
π The latest economic data from the United States for September reveals a decline in the S&P Composite PMI, which now stands at 53.9, down from the previous 54.6. Additionally, the S&P Services PMI has slightly decreased to 54.2, compared to the earlier figure of 54.5.
π¨ The ISM Services PMI for the United States in September has been reported at 50, falling short of expectations of 51.8 and down from the previous figure of 52. This indicates a slowdown in the services sector, raising concerns about the overall economic outlook. For more information, visit ISM World.
π¨ In the Kalshi platform, bets have already started on the potential duration of a government shutdown in the United States, with many predicting it could last 15 days. The longest shutdown in U.S. history occurred during Donald Trump's first presidency, lasting 35 days from December 22, 2018, to January 25, 2019.
π¨ The confiscation of assets from the Central Bank of Russia will undermine trust in the financial system, a representative from Euroclear, the depository holding frozen Russian assets in the EU, told RIA Novosti.
β οΈ Former President Donald Trump has given Hamas until Sunday at 6:00 PM ET to agree to a deal regarding Gaza. He warned that failure to reach an agreement would lead to dire consequences, stating, "otherwise, hell will break loose."
π’π¨π¦ Canada is considering the construction of a pipeline for exporting oil to Asia.