China Cuts 12,200 University Programs and Adds AI Degrees Instead
China closed 12,200 college programs in five years and opened 10,200 new ones, many in AI and robots, to fix…
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Category: World
Global business, markets and geopolitics.
Rising US Immigration Costs for Indians: EB-5 Deadline and Citizenship Fee Hikes
It is getting more costly for Indians to settle in the US. Citizenship fees may rise about 75%, and the…
Brexit at 10: What the Numbers Say About the UK Economy
Ten years after the vote, the data shows a smaller UK economy: lower GDP, weaker trade with the EU, and…
China’s 618 Shopping Festival Cools as Consumers Tighten Their Belts
China's huge 618 online sale grew just 4% this year, down from 15.2% last year. Shoppers are spending carefully. Here…
China’s Tech Crackdown: Antitrust Heat on Trip.com, Meituan and the Fight Against ‘Involution’
China is checking its biggest tech companies again in 2026. It opened an antitrust probe into Trip.com and called in…
Strait of Hormuz Closure: Why Oil Prices Won’t Drop Fast Even If It Reopens
Iran has reportedly closed the Strait of Hormuz again. This narrow sea passage carries about a fifth of the world's…
US Housing Bill Restricts Institutional Investors From Buying Single-Family Homes
The US Senate passed a big housing law. It stops large companies from buying single-family homes. Here is what it…
Colombia Elects Abelardo de la Espriella, a Trump-Backed Outsider, as President
Colombia has a new president: Abelardo de la Espriella, a lawyer-turned-politician backed by Donald Trump. He won a runoff (the…
Norway AI in Schools: Why It Is Bringing Back Books
Norway is moving to restrict AI in schools and bring printed books back to classrooms over learning concerns. Here is…
US Sovereign Wealth Fund for AI? Vance Says Trump Is Open, Musk Wants Cash
Should the US government own a piece of America's biggest AI firms? JD Vance says Trump is open to it.…