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Keywords: Impact
The global landscape for open-source artificial intelligence (AI) models is undergoing a significant transformation as Chinese-developed AI models have outpaced their American counterparts in total downloads for the first time. According to a study conducted by the Massachusetts Institute of Technology......
Serbia’s only oil refinery, operated by the Russian-majority-owned Petroleum Industry of Serbia (NIS), has stopped processing crude oil due to halted supplies caused by US sanctions. The sanctions, which took full effect on October 8 following multiple postponements, have led to banks ceasing payment......
Climate change is significantly reducing yields of staple crops worldwide, pushing food systems to the brink and compelling farmers to adopt innovative technological solutions. Rising temperatures and extreme weather events are causing sharp declines in productivity for essential crops such as wheat,......
Heavy rainfall has led to unprecedented flooding across central Vietnam, resulting in at least 41 deaths and widespread destruction of homes, infrastructure, and farmland. Entire city blocks in key coastal areas, including Nha Trang and Quy Nhon, have been submerged, forcing residents to take refuge......
European Union officials are preparing to confront U.S. Commerce Secretary Howard Lutnick over Washington's efforts to expand the list of EU products subject to elevated steel and aluminum tariffs. This expansion threatens to undermine a trade agreement reached just months ago designed to cap tariffs......
Germany announced it will resume military equipment exports to Israel starting November 24, reversing the partial embargo imposed in August amid escalating conflict in Gaza. The German government cited the stabilization of the ceasefire between Israel and Hamas, effective since October 10, as the primary......
Japan’s economy contracted by 1.8% on an annualized basis in the third quarter of 2025, marking its first decline in six quarters as US tariffs weighed heavily on exports. The quarter-on-quarter drop of 0.4% was milder than economists’......
Japan’s tourism and retail industries are grappling with significant setbacks following China’s advisory discouraging its citizens from traveling to Japan. The warning, issued amidst heightened diplomatic tensions over Taiwan, has caused ripples across Japan’s economy, particularly......
Global financial markets surged on Monday as investors welcomed progress toward ending the longest government shutdown in U.S. history. Late Sunday night, the Senate advanced a funding bill that could reopen the government and restore federal operations. Global markets respond positively Asian markets......
