By SIMON CONSTABLE
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By SIMON CONSTABLE
When ChatGPT launched two years ago, it threw generative artificial intelligence (AI) into the media limelight. While many in business saw the opportunities for increased efficiency, others expressed serious concerns at both extremes.
Most Americans worry that AI will take their jobs. A recent poll by Gallup revealed that nearly seven out of 10 people believe this will happen over the long term. However, what’s less well known is that the people in the business of using AI are also worried. The problem they see is multifaceted but ultimately boils down to one thing: Trust. Read more here.
By SIMON CONSTABLE
The West, along with its allies, is now growing its armories with munitions, tanks, and other war materiel. After decades of complacency from some countries, the spending surge could continue for the foreseeable future, experts say.
“The war continues to rage in Ukraine and is a serious concern,” says Seth Jones, president of the Center for Strategic & International Studies’ Defense and Security Department. “There will be a push for increased defense spending.” Read more here.
By SIMON CONSTABLE
FRANCE – President-elect Trump's visit to France on Saturday for the re-opening of the Notre Dame cathedral in Paris might give people a moment to forget the present economic doldrums facing the country.By SIMON CONSTABLE
In December 1994, what Wall Street called the Tequila Crisis—named after the country’s national drink—startled international investors as the Mexican peso fell sharply and then some more.
Part of the upheaval was blamed on an armed conflict that broke out in January between Mayan Indians and Mexico. A cease-fire was reached, but in December, rebels threatened to break it.
At the same time, investors increasingly favored other emerging markets and redirected capital away from Mexico.
As a result, the peso’s value initially plunged close to its government-mandated lower limit. Mexico’s central bank tried to steady the peso with higher interest rates. But it didn’t last, and the government cut peso’s value further.
Mexico had been “one of the bright lights of the world’s new panoply of emerging markets,” made more so by new trade pacts such as the North American Free Trade Agreement, The Wall Street Journal reported on Page One. But investors’ confidence was damaged by the sudden devaluation.
In January 1995, the month after the peso crisis flared, the International Monetary Fund, the U.S. and others announced a $50 billion package of rescue loans for Mexico. Read more here.
By SIMON CONSTABLE
Listen here.
Distinguished journalist Ben Weinthal joins us today to talk about how Hezbollah plans to invade North Israel got revealed. Plus the mood in the middle east ahead of the holiday season and Trump inauguration.
https://www.foxnews.com/world/exclusive-look-hezbollahs-plan-terrorize-invade-northern-israel
