Türkiye court blocks X's Grok chatbot over alleged insults to President Erdogan
A court in Ankara ordered regulators on Wednesday to block access to Grok, the artificial-intelligence chatbot built into Elon Musk’s X platform, af...
International Monetary Fund Managing Director Kristalina Georgieva issued a stark warning on Thursday, cautioning that the latest tariff measures announced by US President Donald Trump could deepen economic uncertainty and threaten global growth.
"We are still assessing the macroeconomic implications of the announced tariff measures, but they clearly represent a significant risk to the global outlook at a time of sluggish growth," Georgieva said in a statement. She called on the United States and its trade partners to work constructively to resolve rising trade tensions and reduce uncertainty in an already fragile economic environment.
On Wednesday, President Trump announced a new set of reciprocal tariffs ranging from 10% to 50% on imports from several trade partners. Under the new measures, the US will impose a 20% tariff on European Union goods, 34% on Chinese imports, 46% on Vietnamese products, 32% on Taiwanese exports, 24% on Japanese goods, 26% on Indian products, 25% on South Korean exports, 36% on Thai goods, 31% on Swiss products, 32% on Indonesian imports, 24% on Malaysian goods, 49% on Cambodian products, 30% on exports from South Africa and Bangladesh, and 17% on Israeli goods.
The IMF’s warning comes amid growing global concerns that heightened trade barriers could disrupt international trade flows, dampen investor confidence, and potentially trigger a broader economic slowdown. Georgieva added that the IMF is in the process of analyzing the broader effects of these measures and that the results will be detailed in the upcoming World Economic Outlook report, scheduled for release during the IMF/World Bank Spring Meetings later this month.
As global markets brace for further volatility, economists and policymakers alike stress the need for collaborative efforts to mitigate the risks posed by the escalating trade tensions.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
European Commission President Ursula von der Leyen urged stronger sanctions and defence support for Ukraine as the EU's 18th sanctions package against Russia nears approval.
Archaeologists have uncovered a 3,500-year-old city in northern Peru that likely served as a key trade hub connecting ancient coastal, Andean, and Amazonian cultures.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Russia has confiscated 3.9 trillion roubles (about $50 billion) in company assets since 2022, signalling a decisive shift towards a “fortress Russia” economic model, the Kommersant business daily reported on Wednesday.
Maritime security teams from Greece’s Diaplous and Britain’s Ambrey began a high-risk operation on Wednesday to evacuate the 22-strong crew of the Greek-operated Eternity C, after a Houthi drone-and-speed-boat assault off Yemen on Monday killed four sailors and wounded two.
A court in Ankara ordered regulators on Wednesday to block access to Grok, the artificial-intelligence chatbot built into Elon Musk’s X platform, after it allegedly generated insulting replies about President Recep Tayyip Erdogan — a criminal offence in Türkiye.
The Russian Prosecutor General's Office has declared Yale University 'an undesirable' organization on its territory, accusing the American institution of attempting to destabilize the country and of training Russian activists to oppose the Kremlin.
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