Chile Finance Minister Jorge Quiroz Backs Off Key Budget Goal as Debt RisesChile’s Finance Ministry ditched its goal of balancing the so-called structural budget by 2030 on Tuesday, as the administration struggles to replenish fiscal coffers amid an economic downturn.
Kenya Retains Benchmark Interest Rate for Second TimeKenya’s central bank left its benchmark interest rate unchanged for the second time in a row, as it monitors the impact of the ongoing conflict in Iran on the economy.
Trump Blames Iran for Downing Chopper, Says US Must RespondPresident Donald Trump said the US must respond after he blamed Iran for shooting down an American military helicopter off Oman, posing a new threat to the peace deal he’s said for weeks is close.
Kuwait Oil Chief Seeks Pipeline Alternatives to Skirt HormuzKuwait is seeking pipeline alternatives to export its crude oil as the near-closure of the Strait of Hormuz starves the market of vital barrels and Persian Gulf producers of the cash to run their economies.
Dark Hormuz Transits Mount in Sign of Bigger FlowsCommercial shipping through the Strait of Hormuz remained thin on Tuesday, though growing evidence of so-called dark transits suggest that more vessels are moving through the chokepoint than visible tracking data indicates.
Anthropic Calls Mythos Dangerous. Why Is It Expanding Access?Anthropic PBC has said its new artificial intelligence tool, Mythos, is so good at finding vulnerabilities in software and computer systems that it can’t be released to the general public. The AI giant initially released Mythos to a small group of carefully chosen parties because if a tool this powerful fell into the wrong hands, Anthropic says, it could help attackers more easily steal data or disrupt critical infrastructure.
How Israel’s Battle With Hezbollah Fits Into the Iran WarAfter the US and Israel began their war with Iran on Feb. 28, the Iran-backed Lebanese militia Hezbollah was quick to join the fray, firing rockets and drones into Israel. Officials there saw in the crisis sweeping the region a chance to finally drive Hezbollah, already weakened by a series of setbacks, away from Israel’s northern border.
China Is Planning for AI’s Job Shock. America Isn’tBeneath the veneer of China’s reputation as one of the most enthusiastic adopters of AI is an already fragile labor market, persistent youth unemployment, and a deep anxiety about the future of white-collar work.
Why It’s Harder for China to Keep North Korea in Line“As close as lips and teeth” is how Mao Zedong famously described China’s ties with North Korea.