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Asian stocks down after Wall Street losses
Asian stocks down after Wall Street losses
Business and Economy
by  AFP

Asian stocks were down on Wednesday following losses on Wall Street fuelled by fears of banking sector turmoil and jitters over interest rates. Meanwhile, US regional bank stocks logged another day of plummeting values on revived fears for the sector spurred by the failure of yet another lender -- First Republic Bank -- and its takeover by JPMorgan Chase.

At 75, Israel's economy offers success or inequality
At 75, Israel's economy offers success or inequality
Business and Economy
by  AFP

Now 75 years old, Israel models itself as an economic success story, a leader in business, agriculture and advanced technologies -- despite glaring inequalities that have left many Israelis behind. To highlight its commercial successes, Israel, a nation born on May 14, 1948, can point to enviable economic performances.

White House calls in tech firms to talk AI risks
White House calls in tech firms to talk AI risks
Business and Economy
by  AFP

The White House plans to meet with top executives from Google, Microsoft, OpenAI and Anthropic on Thursday to discuss the promise and risks of artificial intelligence. Musk's founding of what appears to be a rival to OpenAI came despite him recently joining tech leaders and AI critics in calling for an overall pause in the development of artificial intelligence.