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Market sources said Russia raised its 2026 oil export forecast to 244.7 mln tons.
2026-09-24
Market sources said Russia raised its 2026 oil export forecast to 244.7 mln tons.
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2026-09-24
The construction of artificial intelligence infrastructure is poised to become the largest economic investment in U.S. history, far exceeding investments in other major infrastructure projects such as railroads, highway systems, and internet infrastr
The construction of artificial intelligence infrastructure is poised to become the largest economic investment in U.S. history, far exceeding investments in other major infrastructure projects such as railroads, highway systems, and internet infrastructure. According to the latest forecast by economist Stijn van Nieuwerburgh of the Brookings Institution, total investment in data centers and related AI infrastructure is projected to reach $10.3 trillion between 2025 and 2032. This is equivalent to a staggering 3.6% of average annual GDP. Never before has the U.S. economy been so reliant on the construction of a single industry. This investment is transforming every aspect of the economy, creating hundreds of thousands of jobs and new billionaires. It also carries enormous risks, as a large portion of it is built on a debt foundation. A sudden economic slowdown could have a devastating impact on the U.S. economy.
2026-09-24
The Swiss National Bank held its policy rate at 0% as expected and signaled a A near-term rate hike is unlikely, prompting a decline in the Swiss franc (CHF). The SNB said medium-term inflationary pressures have risen only slightly and that its curre
The Swiss National Bank held its policy rate at 0% as expected and signaled a A near-term rate hike is unlikely, prompting a decline in the Swiss franc (CHF). The SNB said medium-term inflationary pressures have risen only slightly and that its current policy stance is appropriate to keep inflation within a price-stability range while supporting growth. It expects Swiss inflation to rise in Q4 before declining through 2027, but warned uncertainty is high. The The bank said recent franc weakness is not a concern and is supportive of growth.
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