๐บ๐ธ๐จ๐ณ The United States and China are set to hold discussions on artificial intelligence ahead of President Xi Jinping's visit in September, according to RTRS.
๐จ๐บ๐ธ Former President Donald Trump may impose new tariffs on imports from dozens of countries as early as this week, according to the Financial Times. Trump is reportedly planning a 12.5% tariff on goods from 60 countries, coinciding with the expiration of the current 10% global tariff. The administration is considering maintaining the 10% rate for many nations while exploring legal avenues to implement higher tariffs on others. Following a court ruling against earlier tariffs, Trump has promised to find a way to make up for lost time.
๐ข๏ธ Russia's Deputy Prime Minister Alexander Novak reported that the fuel market has partially stabilized. This development comes amid ongoing fluctuations and concerns regarding fuel supply and prices in the country. Novak's comments suggest a cautious optimism as the government continues to monitor the situation closely. For more information, visit here.
๐จ Upcoming earnings reports:
๐บ๐ธ General Motors at 13:30 MSK
๐บ๐ธ Hasbro at 14:30 MSK
๐บ๐ธ 3M at 13:30 MSK
๐บ๐ธ Halliburton at 13:45 MSK
๐บ๐ธ Ally Financial at 14:15 MSK
๐บ๐ธ Northrop Grumman at 14:20 MSK
๐บ๐ธ Charles Schwab at 14:30 MSK
๐บ๐ธ General Motors at 13:30 MSK
๐บ๐ธ Hasbro at 14:30 MSK
๐บ๐ธ 3M at 13:30 MSK
๐บ๐ธ Halliburton at 13:45 MSK
๐บ๐ธ Ally Financial at 14:15 MSK
๐บ๐ธ Northrop Grumman at 14:20 MSK
๐บ๐ธ Charles Schwab at 14:30 MSK
๐ฎ๐ท Iran's official representative has commenced talks with mediators in Pakistan, as reported by AP.
๐ช๐บ๐จ๐ณ EU representatives have arrived in China to discuss critical trade issues amid increasing tensions. The meetings aim to address ongoing trade conflicts and foster better economic relations between the two regions. As the global trade landscape evolves, both sides are looking for ways to navigate the complexities of their economic partnership. For more details, visit SCMP.
๐โ๏ธ The International Energy Agency (IEA) reports that since March 11, member countries have released approximately 290 million barrels of oil to stabilize the market. Additionally, IEA member states maintain significant reserves for emergencies, including over 1 billion barrels controlled by governments. โ IEA
๐ฅโด๏ธ๐ท๐บ The State Duma has unanimously passed a federal law on "Digital Currencies and Digital Rights," establishing regulations for cryptocurrency circulation in Russia. The legislation recognizes digital currencies as property, sets general requirements for their circulation, and ensures legal protection of rights to cryptocurrencies, regardless of prior declaration. Russians will now be able to legally invest in cryptocurrencies on domestic exchanges and utilize services from brokers, asset managers, and crypto exchanges. RELEASE
๐ค Samsung has announced the creation of a new robotics division called RX (Robotics eXperience). This initiative aims to enhance the companyโs capabilities in robotics technology. As part of its ongoing commitment to innovation, Samsung is set to leverage its expertise in electronics to develop advanced robotic solutions. For more information, visit Samsung's website.
โ ๏ธโด๏ธ๐ช๐บ More crypto firms holding a MiCA license may exit the EU market due to stringent regulations, warns the CEO of Gate Europe.
๐บ๐ธ The U.S. Treasury Secretary, Bessent, stated that the United States supports open-source AI models but opposes intellectual property theft. Bessent remarked that they have found their "watermarks" on Chinese AI. Furthermore, she indicated that the U.S. may impose sanctions for intellectual property theft.