AI could increase wages by 15-45% for low-skilled workers — Stanford research
According to the researcher’s forecast, low-skilled workers will benefit the most from this.
EU approves €659 million state aid for semiconductor manufacturers in Germany
The funding will be distributed among four projects.
EU population to peak in 2029, then begin to decline
Currently, the EU has a population of 450.6 million people, and by 2029, this figure is expected to increase to 453.3 million.
Indian refiners boost profits due to reduced Russian exports
Exports of petroleum products from India in July may reach the highest level since September.
Brent crude exceeds $87 per barrel after new attacks in the Strait of Hormuz
In one day, the global benchmark rose by more than 5%, and other key oil market indicators increased as well.
UAE plans to build new port bypassing the Strait of Hormuz
The new port will be built in the city of Fujairah, located in the Gulf of Oman.
IMF Warns of Risk of Uncontrolled Government Debt Growth in Europe
The IMF warns Europe may face uncontrollable government debt growth without fiscal reforms and strategic planning.
Ship traffic in the Strait of Hormuz falls to a five-week low amid conflict
Analytical company Kpler found that only six ships passed through the strait on Sunday, the lowest figure in five weeks.
Dozens of Ships Continue to Transit the Strait of Hormuz Amid US-Iran Hostilities
According to AXSMarine, dozens of ships make the crossing through this critically important strait every day.
IEA Lowers Russia’s Oil Production Forecast by 85,000 Barrels Per Day Due to Ukrainian Attacks
The International Energy Agency lowered its forecast for Russian oil production due to Ukrainian attacks on energy facilities.