.@ojblanchard1 & @AngelUbide propose replacing up to 25% of GDP of each EU country debt with Eurobonds over the next few years, by exchanging current national bonds by Eurobonds via buybacks & refinancing national bond maturities coming due with Eurobonds.https://t.co/Bg7hlzpoAD
Design matters, but so does culture. In Olympic Gardens, we are rethinking how waste is managed, making systems more convenient, while also shaping better habits through education, starting with our children. This is about building smarter communities that work for the people who live in them.
Arm CEO Rene Haas said the company is experiencing an “explosion of demand” for its CPU architecture driven by AI workloads in data centers, with orders doubling to $2 billion in just five weeks. https://t.co/3z6YhTDuyF
"On the part of the US, they are looking for some kind of deal – whatever that happens to be – on critical minerals & rare earths with Brazil," Monica de Bolle says. "The US actually needs something from Lula."
https://t.co/QUlHo2Fsf4
Maryland homeowners will pay an extra $1.6 billion on their electric bills over the next decade to subsidize grid costs to feed data centers, according to a state agency https://t.co/8O24hiRe3V
Israel bombed Beirut for the first time yesterday since it agreed to a ceasefire in Lebanon last month. The attack underscored how fighting in Lebanon could pose an obstacle to a regional peace deal—even as Iran studies a U.S. proposal to end the war.
Read more and subscribe to the Daily News Brief: https://t.co/ecY48ipqfx
The European Central Bank will have to raise interest rates if the Iran war leaves a more lasting mark on inflation, according to Executive Board member Isabel Schnabel. https://t.co/MxjSrQWqKh
Japan's moonshot nuclear fusion tech finds earthbound applications
Startups explore industrial spin-offs to sustain long quest for boundless energy
https://t.co/dujJazTAro
Generative artificial intelligence is being used by 17.8 per cent of the world’s working-age population, but the gap between wealthy and developing nations continues to widen, according to a report published Tuesday by Microsoft.
https://t.co/poYtBdwRhh
US data center construction rose to a new record high in official data released today, hitting a pace of nearly $50B/yr (and this only includes data center facilities, not the expensive computers within)
Spending is up 34% over the last year and 260% since the launch of ChatGPT
Semafor: The Trump administration plans to invite CEOs from Nvidia, Apple, Exxon, Boeing, and other big companies to accompany the president on his trip to China next week, a person familiar with the matter said.
Yuan payments soar as currency of last resort for Iran, Russia
China's answer to SWIFT network sees rapid growth in transactions
https://t.co/y71SQUSyaA