Egypt has secured a $1.6 billion disbursement from the International Monetary Fund under its existing Extended Fund Facility, marking a significant milestone in the country’s multi-year effort to stabilize one …
Freddy Miller
-
-
The global economy is heading into a prolonged period of suppressed expansion, with growth projected to slow sharply to 0.7% in 2026 before recovering to approximately 2% in 2027, according …
-
Prediction markets, the financial instruments that allow participants to bet on the probability of real-world events and which saw mainstream adoption in the West through platforms like Polymarket and Kalshi …
-
News
Australia’s Under-16 Social Media Ban Is Failing. The Government Is Doubling the Fines and Fighting Back
Australia’s Albanese government introduced legislation to parliament on Monday that doubles the maximum penalty for social media platforms failing to enforce the country’s world-first under-16 social media ban, raises the …
-
News
The Enterprise AI Cost Crisis Is Real. It Is Also Accelerating the Commoditization of the Entire Sector
The bill for the enterprise AI adoption cycle has arrived, and it is substantially larger than the original projections. Companies that rushed to adopt AI tools in response to executive …
-
Apple filed its sharpest legal challenge yet to India’s competition regulator on June 25, accusing investigators at the Competition Commission of India of constructing their antitrust findings against the company …
-
News
New York Sends $30 Million to Farmers While Demanding the Federal Government Pay Back $13.5 Billion
New York Governor Kathy Hochul launched the state’s Agricultural Resiliency Against Tariffs Program on Monday, opening applications for direct cash payments to dairy, livestock, specialty crop, and aquaculture producers who …
-
News
H&M Is Getting Leaner, More Profitable, and Selling Less. Investors Still Can’t Decide if That’s the Plan
H&M reported second-quarter results Thursday that delivered exactly the margin expansion its multi-year restructuring program promised while falling short of analyst expectations on the revenue lines that investors in a …
-
Ukraine announced at the Ukraine Recovery Conference in Gdansk on Friday that it plans to build domestic AI computing capacity in partnership with Kyivstar, the country’s largest telecommunications operator, with …
-
News
Merck KGaA Pays $11.3 Billion for Bio-Techne. It Is Also Buying a Front-Row Seat to the Cell Therapy Revolution
Germany’s Merck KGaA announced on Thursday a definitive agreement to acquire Minneapolis-based Bio-Techne Corporation for $73 per share in an all-cash transaction, implying an enterprise value of approximately $11.3 billion …