Relations Between The US And China Currently Focus More On Crisis Avoidance

The presidents of the two nations will get together in person this week for the second time since Joe Biden assumed office, capping another turbulent year of hostilities between the US and China. Before the real presidential election cycle in the United States begins, this will be an uncommon gathering. One of the few issues…

UBS Predicts A Wave Of Fed Rate Decreases Over The Next Year Based On A U.S. Recession

As the largest economy in the world approaches recession, UBS projects that the U.S. Federal Reserve will reduce interest rates by as much as 275 basis points in 2024—nearly four times the market average. The Swiss bank stated that while the U.S. economy has been resilient until 2023, many of the same challenges and risks…

Loans To High-Tech Manufacturing In China Spark Concerns About A Surge In Low-Cost Exports

Fearing that overcapacity would fuel a fresh wave of cheap exports, China’s policymakers, keen to improve manufacturing, are directing money towards manufacturers of high-tech products, from semiconductors to electric vehicles.` China’s central bank’s lending statistics provides an indication of the priorities of the government: as of September’s end, outstanding loans to the industrial sector increased…

A New Satellite Will Identify And Disseminate CO2 Information From Specific Sites

For the first time, the Canadian emissions monitoring company GHGSat launched a satellite on Saturday with the goal of identifying carbon dioxide emissions from specific facilities, such as steel mills and coal plants, from space. According to GHGSat, the satellite, called Vanguard, took out from California’s Vandenberg Space Force Base. Utilising space-age technology, it is…

A24 Secures The Rights To A Biopic On Elon Musk, With Darren Aronofsky Directing: Reports

“Black Swan” director Darren Aronofsky is directing a biopic on Elon Musk at the New York-based studio A24, according to rep[orts quoting information from a source acquainted with the situation.  The source said that A24 has acquired the rights to Walter Isaacson’s biography of the richest person in the world. Protozoa Pictures, director Aronofsky’s production…

India Is Proposing A New Rule Requiring Broadcasters And Major Streaming Services To Self-Certify

India unveiled a new draught broadcasting law on Friday that aims to regulate the industry. It will also apply to major streaming companies like Netflix, Disney, and Amazon and mandates the creation of separate content assessment panels. India, which is predicted by Media Partners Asia to become a $7 billion market for the industry by…

Tencent And Meta Reach An Agreement For The Sale Of VR Headsets In China – WSJ

In an attempt to re-enter a market where Facebook and Instagram are still forbidden, Meta Platforms has partnered with Tencent Holdings to sell a new, affordable virtual reality (VR) gear in China, according to a Wall Street Journal report. Tencent will become the only supplier of Meta’s headsets in China as a result of the…