FX.co ★ Forex Humor. A look at the Forex market with Humor
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Disillusion with AI could trigger severe global shock
Investments in artificial intelligence now rival spending on railways, power grids, and communications systems, IMF Managing Director Kristalina Georgieva told CNBC. She said algorithms can notably speed global economic growth...
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Global public debt to exceed 100% of world GDP, IMF chief warns
Global government debt has climbed to levels not seen since World War II and is poised to exceed 100% of world GDP, IMF Managing Director Kristalina Georgieva told CNBC. Advanced...
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Germany and France propose mechanism to shut EU market to China
Germany and France have urged EU leaders to set up a mechanism for rapidly closing the European market to Chinese goods. According to Bloomberg, Brussels needs such a tool...
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Elon Musk regains trillion‑dollar status as SpaceX and Tesla shares climb
Elon Musk, the founder of Tesla and SpaceX, has reclaimed his position as the world’s only dollar‑denominated trillionaire. Forbes reports that on October 5, the entrepreneur’s net worth again topped...
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French political turmoil adds to euro weakness
The euro has slid to $1.116, its weakest level since May last year, marking a fourth consecutive weekly decline as investors fret over France’s public finances. A sell-off in French...
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Nvidia’s market value hits record $5.7tn as AI boom fuels rally
American chipmaker Nvidia set a new all‑time record for market value. In trading on October 2, the stock rose to $235.58 a share, lifting the developer’s market capitalization to $5.7...
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Scope warns US debt could hit 160% of GDP within decade
The United States is rapidly losing its financial insulation. European ratings agency Scope Ratings has warned that US government debt could climb to 160% of GDP within the next decade...
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White House calls for Powell’s ouster after costly Fed renovation
The White House has seized on a formal pretext to push former Fed Сhair Jerome Powell out of the Federal Reserve’s board. US President Donald Trump’s top economic adviser, Kevin...
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Wall Street braces for election‑season sell‑off
Wall Street is bracing for the customary pre‑election dip as midterm elections scheduled for November 3 inject political jitters into markets, Citi analysts warn. Midterm years are historically the weakest...
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Trump announces creation of Superintelligence forces to bolster US supremacy
US President Donald Trump declared the creation of a new government body called the Forces of Superintelligence. The White House chief made the announcement on Truth Social, linking the initiative...
