Finance
According to Reuters, the Trump administration has exempted 47 companies from regulations to curb mercury and air toxics for their coal-fired power plants for two years. The exemptions affect nearly 70 coal-fired power plants, including some of the nation's largest polluters. President Trump signed the proclamation in April
Bitcoin
Michigan lawmakers introduced four cryptocurrency bills on May 21, 2025, according to BTC Peers. The legislative package addresses state pension fund cryptocurrency investments, central bank digital currency restrictions, Bitcoin mining at abandoned oil and gas wells, and related tax policies. State Pension Fund Cryptocurrency Investment Framework House Bill 4510, introduced
Finance
India has reached the four trillion dollar GDP threshold, surpassing Japan to become the world's fourth-largest economy, according to NITI Aayog CEO BVR Subrahmanyam. The announcement came during a press briefing following the 10th NITI Aayog Governing Council meeting on Saturday, May 24, 2025. Subrahmanyam cited International Monetary
Finance
Reuters reports that Nvidia will launch a new artificial intelligence chipset for China at a lower price than its recently restricted H20 model. The company plans to start mass production as early as June 2025. The GPU will be part of Nvidia's latest generation Blackwell-architecture AI processors and
Finance
Japan's core inflation rate rose to 3.5% in April 2025, reaching its highest level since January 2023, according to CNBC. The figure exceeded economist expectations of 3.4%, driven primarily by soaring rice prices that have doubled from last year. The Bank of Japan now faces complex
Finance
A Victorian court decision in Australia may reshape cryptocurrency taxation after Judge Michael O'Connell ruled Bitcoin functions as money rather than property. According to BTC Peers, the ruling emerged from a criminal case involving federal police officer William Wheatley, who allegedly stole 81.6 Bitcoin in 2019. The
Finance
European supermarket shelves could become emptier as climate change and biodiversity loss threaten food production in countries that export to the EU, according to a report published this week by UK-based consultancy Foresight Transitions. The study examined six major food imports and found that more than half come from countries
Finance
China has issued a stark warning that it may take legal action against any individual or organization assisting or implementing US measures that advise companies against using advanced semiconductors from China. According to Reuters, China's commerce ministry stated there could be "corresponding legal liabilities" against those
Finance
The U.S. Food and Drug Administration (FDA) has approved a new maintenance dosing schedule for Leqembi (lecanemab-irmb), allowing patients with early-stage Alzheimer's disease to receive treatments once monthly rather than every two weeks. According to BioArctic, this approval means patients who complete the initial 18-month biweekly treatment
Finance
Turkey has discovered a new natural gas reserve of 75 billion cubic meters in the Black Sea, according to President Recep Tayyip Erdogan. The find, valued at approximately $30 billion, was located in the Goktepe-3 well at a depth of 3,500 meters. Reuters reports that this discovery is expected
Finance
Italy and the United Arab Emirates announced a landmark deal on Friday to develop what aims to be Europe's largest artificial intelligence computing infrastructure. According to Reuters, Abu Dhabi-based tech firm G42 has partnered with Italian AI startup iGenius to build the major AI supercomputer in Italy, with
Finance
President Donald Trump announced on Thursday that India has proposed eliminating tariffs on American imports as part of ongoing bilateral trade negotiations. During a business roundtable in Doha, Qatar, Trump stated, "India is offering us a deal where basically they are willing to literally charge us no tariffs,"