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News
The Hirshleifer Effect: When More Information Destabilizes Expectations
1+ week, 5+ day ago (1347+ words) economy.ac - The Hirshleifer Effect: When More Information Destabilizes Expectations In an international sample of 46,285 consumers from 47 countries, which account for about 90% of global GDP, the most common sources used to form macroeconomic beliefs were not central banks or statistical…...
“Neither Side Can Deliver a Fatal Blow”: U.S. and Iran Hit Political and Economic Limits as Ceasefire Talk Emerges After Protracted War of Attrition
2+ week, 4+ day ago (952+ words) Tensions between the United States and Iran are escalating once again. Washington has unveiled sweeping new economic sanctions targeting Iran, while Tehran has vowed a forceful response, intensifying the confrontation between the two countries. Some observers, however, say the standoff…...
“Pause Training, Fortify Security”: OpenAI Overhauls AI Safety Framework in Push for Control Ahead of IPO
2+ week, 4+ day ago (857+ words) OpenAI has temporarily suspended training of its next-generation artificial intelligence (AI) models and launched an overhaul of its internal research and security systems. The move follows a series of findings that an AI agent had penetrated external systems and that…...
“Domestic Demand Saturation” Pushes CXMT to Production Capacity Limits, While Technology Gap and Doubts Over Proprietary Know-How Stall Global Expansion
2+ week, 4+ day ago (912+ words) Chinese chipmaker ChangXin Memory Technologies (CXMT) has reached the limits of its memory semiconductor production capacity. Existing facilities are effectively operating at full capacity as China’s domestic market rapidly absorbs available output, while capital expenditure has struggled to keep pace…...
“Retaliation Over Negotiation”: Canada Strikes Back at 50% U.S. Tariffs as Trade Conflict Escalates Amid Push to Distance Itself From Washington
2+ week, 5+ day ago (853+ words) Canada is imposing sweeping retaliatory tariffs on U.S. products. After the United States levied a steep 50% tariff on Canadian goods, citing Canada’s trade practices, Ottawa is responding head-on rather than exploring room for further negotiations. The move is widely seen as…...
China Lowers Barriers with ‘Open Weights’ as US Counters with ‘Token Efficiency,’ Per-Task Costs to Decide AI Leadership
2+ week, 5+ day ago (1058+ words) Chinese artificial intelligence (AI) models are making inroads into the global market by leveraging low prices and openness. Their expansion has been particularly pronounced in Africa, where adoption is growing primarily across the financial and agricultural sectors because sensitive data…...
“Is Iran Next After Russia?” U.S. Wields Dollar Hegemony to Intensify Economic Pressure, Raising Prospect of an Expanding Chinese Renminbi Bloc
2+ week, 6+ day ago (1247+ words) The administration of U.S. President Donald Trump has launched a sweeping campaign of economic pressure against Iran. Washington has expanded the scope of its sanctions to include third-country companies and financial institutions that conduct business with Iran, while publicly warning countries…...
Estimated US Tariff Incidence by Specification
3+ week, 1+ min ago (24+ words) economy.ac Estimated US Tariff Incidence by Specification - Previous Duty, Export Unit Value, and Landed Price Index, 2023–2026...
Defense Burden Sharing Works Best With Strategy, Not Pressure
3+ week, 3+ day ago (982+ words) economy.ac - Defense Burden Sharing Works Best With Strategy, Not Pressure In 2025, European allied forces and Canada increased their defense spending by nearly 20 percent in real terms, the largest annual jump since 1953. All thirty-two NATO members have now exceeded the…...
The Tariff Pass-Through Puzzle: Why Tariff Absorption Split So Unevenly in 2025
3+ week, 4+ day ago (1278+ words) economy.ac - The Tariff Pass-Through Puzzle: Why Tariff Absorption Split So Unevenly in 2025 Toyota closed the books for the April-June 2025 quarter with operating profit down 37 percent from a year earlier, a slide worth about 450 billion yen in this quarter alone,…...