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Vessels in the Strait of Hormuz near the beach of Bandar Abbas, Iran. Razieh Poudat/ISNA/via WANA (West Asia News Agency) via REUTERS
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- Bond investors said they are heading into this week's Federal Reserve policy meeting cautiously positioned as inflation uncertainty clouds the outlook for interest rates, favoring high-quality assets and avoiding large directional bets.
- World stocks fell to a one-month low, as investors dumped chipmakers on concerns about Chinese competition and funding of the AI boom, while rising odds of a US interest rate hike as early as this week further dampened the mood.
- China has begun mass producing domestically developed immersion deep-ultraviolet (DUV) lithography machines, a technology crucial to advanced chipmaking, marking a key step forward in Beijing's drive to reduce its reliance on foreign technologies.
- A decades-long crackdown on Google's business practices in Europe is entering a costly new phase, as the loss of the first case brought against it under new EU legislation opens the door to a wave of private lawsuits demanding up to $10 billion in damages.
- China, the world’s second-largest economy, experienced the largest credit boom and bust in recent history. On this episode of The Big View podcast, Logan Wright of Rhodium Group explains why debt, deflation, slow growth and industrial overcapacity will be hard to shift in the People’s Republic.
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Pahlavi received a hero's welcome at the CPAC gathering of US conservatives in March - in what now appears to be a high-water mark for his movement. REUTERS/Daniel Cole
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The son of Iran’s last shah says the Islamic Republic is on the brink of collapse and he is the bridge to a democratic future. But he’s contending with violence by some supporters, discontent among donors and rejection by the Trump administration.
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A baked clay fragment inscribed in cuneiform in the Akkadian language, at the British Museum in London. REUTERS/Will Dunham
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Globally, people currently use roughly 7,500 languages, with English, Mandarin Chinese, Hindi, Spanish, Arabic and French the most common, counting native and nonnative speakers. That is a lot of languages. But it is a far cry from the peak number historically.
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