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Sam Altman and Bill Gates weigh AI risks in Davos in a big election year

Sam Altman and Bill Gates weigh AI risks in Davos in a big election year

With nearly half of the world’s population heading to the polls in the 2024 national elections, leaders at the World Economic Forum are grappling with how the arrival of ChatGPT will affect these democracies and how governments, in turn, will regulate AI. Leaders in artificial intelligence, including Sam Altman of OpenAI and Microsoft Corp. founder ...

SQM resumes its lithium operations in Chile after the lifting of blockades

SQM resumes its lithium operations in Chile after the lifting of blockades

Financial Diary – Santiago SQM, the second largest lithium supplier in the world, is resuming operations in northern Chile following the lifting of road blocks by local communitiesa company official reported Monday. The last blockades that had restricted the movement of workers and supplies for almost a week were lifted on Sunday, as authorities try ...

Oil prices rise in Europe due to supply from the Red Sea and Libya

Oil prices rise in Europe due to supply from the Red Sea and Libya

Oil prices in Europe have risen as fears over supply disruptions across the Red Sea and from Libya they encourage refineries to hurry to secure shipments. Spot prices for North Sea and Mediterranean crude oil have become much more expensive than the global benchmark Dated Brent in recent days. This is happening as Houthi attacks ...

Trump seeks to deliver a knockout blow in Iowa, at the start of the nomination race

Trump seeks to deliver a knockout blow in Iowa, at the start of the nomination race

Donald Trump is the heavy favorite to overtake his rivals and claim an early victory in the race for the Republican presidential nomination as Iowans brave the frigid temperatures on Monday to cast the first votes of the 2024 campaign. The former president’s dominant position has turned the first Iowa contest into a race for ...

Asia prepares for mixed start after Taiwan elections

Asia prepares for mixed start after Taiwan elections

Asian stocks are set for a broadly mixed open on the back of reinforced Fed rate cut bets and the elections of Weekend Taiwan. Stock futures in Australia and Hong Kong pointed to an early rise when trading begins, while contracts in Japan fell. The S&P 500 was little changed on Friday, posting a weekly ...

President Joe Biden said US sent private message to Iran about Houthis

President Joe Biden said US sent private message to Iran about Houthis

President Joe Biden said Saturday that the United States had delivered a private message to Iran about the Houthis backed by Tehran and responsible for attacking commercial shipping in the Red Sea. “We have transmitted it privately and we are sure that we are well prepared“Biden told reporters at the White House before leaving for ...

The President of Ecuador will seek to raise taxes to finance his security plan

The President of Ecuador will seek to raise taxes to finance his security plan

The Ecuadorian president, Daniel Noboa, asked lawmakers to consider raising the value-added tax to fund their efforts to combat criminal gangs, as the armed forces intensified their operations in violent areas on Friday. A dramatic increase in violence this week – including the on-air assault of a television station, the hostage-taking of 178 prison staff ...

Mester says March is 'probably' too soon for a rate cut

Mester says March is ‘probably’ too soon for a rate cut

Inflation’s Shaky Path Toward the Federal Reserve’s 2% Targetreflected in the latest figures of the Consumer Price Index (CPI), means it is likely too early to cut the policy rate in Marchsaid the president of the entity in Cleveland on Thursday. “I think March It’s probably too early for a rate cut, because I think ...

In Latin America, the amount of mergers and acquisitions fell 24% last year

In Latin America, the amount of mergers and acquisitions fell 24% last year

Mergers and acquisitions in Latin America and the Caribbean declined last year, according to the most recent report produced by Transactional Track Record. The statistics reflect that these movements added US$74.12 billion in 2023, a drop of 24.37% compared to the same period of the previous year. If you look at the amount of business ...