The rapid advancement of generative artificial intelligence (AI) tools, exemplified by ChatGPT, has sparked a worldwide race among regulators to maintain control over the popular chatbot. — Over the past few months, the European Union (EU), which serves as the digital guardian of the Western world, has been discreetly garnering support from industry leaders to establish a global commitment towards responsible development and utilization of these novel tools.

The following sections include Erdogan Wins Turkey Elections, US Debt Ceiling Agreement, Germany Recession, Taliban-Iran Border Clash and more about AI in the Stock Markets! — Erdogan Wins Turkey Elections Erdogan won re-election after he was declared the winner by the Supreme Election Council in Turkey. After beating Kemal Kilicdaroglu of the opposition Republican People’s Party, Erdogan referred to the inflation problem as one that is “not a difficult problem to solve” in his victory speech. This, and addressing the…

The Weekend Brief (TWB) was initially inspired by legendary hard-rock band Whitesnake for the song Still of the Night with lead guitarist John Sykes. The band’s lead singer David Coverdale was one of the first musicians to appear on the latest THAT Rocks! podcast featuring That Metal Show hosts. But…

The Justice Department is investigating Binance Holdings, the world’s largest cryptocurrency exchange. Primarily, this is to determine whether it violated economic sanctions imposed on Russia. According to Bloomberg, the probe is examining whether the exchange or its employees breached the sanctions put in place due to Moscow’s military actions in…

It was announced on 29 May 2023 that President of Kenya William Ruto, alongside Kenya’s Speaker of the National Assembly, Moses Wetangula, and Russian Foreign Minister Sergei Lavrov initiated an agreement to boost and facilitate bilateral trade at a minister’s meeting in Nairobi, Kenya. The meeting was held in advancement…

An update provided by Upstream on 20 May 2023 describes oil and gas supermajor British Petroleum (BP) as “Trinidad & Tobago’s largest hydrocarbons producer…responsible for more than half of all the natural gas produced in the country.” This update covers BP’s seven-well drilling programme, containing 16 offshore production platforms, that…

It was reported by Reuters that Swiss commodities and mining giant Glencore is seeking to expand production capacity at its Anatapaccay copper mine in Peru. At the same time, Andy Home of Reuters Commodities published a column about how the global copper stocks are signaling weak pricing trends in the…

On 30 May 2023 it was announced that Bola Tinubu was elected to be Nigeria’s next leader. Nigeria is the largest democractic nation in Africa, yet it is bogged down with severe economic and security issues domestically. One of the moments capturing headlines of his re-election is when he told…

Reporting on 25 May 2023 has suggested that Grupo Mexico — a very influential company in Mexico — has called on its subsidiary, Grupo Carso, to purchase a stake in Talos Energy’s offshore oil discovery project in Zama. Talos Energy discovered offshore oil deposits at Zama in 2017, but was…