Norbert Tofall Despite the very real structural weaknesses in the U.S. economy, no BRICS+ country – not even China – and not the group as a whole comes close to matching the role of the U.S. dollar in the world economy. The great contradiction Chinese officials like to …
Read More »Global markets trade lower as US-Iran tensions, chip selloff weigh on sentiment
Global markets traded lower Friday as heavy selling in semiconductor shares and escalating US-Iran tensions weighed on investor sentiment. Chipmakers remained under pressure amid concerns over whether massive artificial intelligence investments will generate sufficient returns. Renewed attacks between Washington and Tehran also raised fears of further disruption to …
Read More »Apple overtakes Nvidia as world’s most valuable company amid AI selloff
Mücahithan Avcıoğlu Apple overtook Nvidia on Friday to become the world’s most valuable publicly traded company, as renewed selling pressure on artificial intelligence-related stocks weighed on the chipmaker. Apple’s market capitalization reached approximately $4.9 trillion during intraday trading, narrowly surpassing Nvidia’s valuation of $4.84 trillion. The change at …
Read More »What It Means for China and the Future of AI?
Dr.Nadya Hilmi UN Secretary-General Antonio Guterres , Thailand Prime Minister Anutin Charnvirakul, Chinese President Xi Jinping and Pakistan Deputy Prime Minister Mohammad Ishaq Dar arrive for a group photo before the opening ceremony for the World AI Conference in Shanghai, China, July 17, 2026. Ng Han Guan/Pool via …
Read More »US-Iran War Losses Still Trail the 1979 Oil Shock in Total Economic Impact
The ongoing war in Iran has caused the largest oil supply shock in history, resulting in daily production losses that are unprecedented. However, the oil crisis linked to the 1979 Iranian Revolution remains the largest when considering total cumulative supply loss. This situation has drawn comparisons to past …
Read More »The Return of Great-Power Spheres of Influence
Marta Rehnman After decades of a rule-based international order built on the principle ofnational sovereignty and territorial integrity and equal interactions based on multilateralism, which emerged after two world wars driven by nationalist expansionism and imperial rivalries, a new era of geopolitics ruled by great powers who are …
Read More »From the IAEA to the G7: The Contested Meaning of Global AI Governance
Tuhu Nugraha U.S. President Donald Trump, OpenAI CEO Sam Altman, Google DeepMind CEO Demis Hassabis, South Korea’s President Lee Jae Myung, Germany’s Chancellor Friedrich Merz and Japan’s Prime Minister Sanae Takaichi attend a working lunch with G7 leaders, G7 outreach partners and global tech CEOs on innovation and …
Read More »Why the United States Needs India’s Democratic AI Model
Dimitra Staikou When Prime Minister Narendra Modi arrived at the G7 summit, the most consequential conversation was not about trade, tariffs, or diplomacy. It was about who will shape the future of artificial intelligence—and whether that future will be defined solely by the United States and China. India …
Read More »The Politics of Energy Transition: How Gulf States are Preparing for a Post-Hydrocarbon Future
Khizar Hayat “My grandfather rode a camel, my father rode a camel, I ride a Mercedes, my son rides a Land Rover, and my grandson is going to ride a Land Rover…but my great-grandson is going to have to ride a camel again.” Sheikh Rashid, the late ruler …
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