Economy
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White House Economic Adviser: China Will Lose the AI Battle if Blocked from Nvidia Chips
US Economic Council Director Kevin Hassett said Thursday that inflation has dropped sharply while economic growth remains strong, during an…
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Huawei Unveils World’s Most Powerful AI “Supernode” Built Without Nvidia Chips
Chinese tech giant Huawei on Thursday announced what it called the world’s most powerful “supernode” computer cluster, a system designed…
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Bank of Algeria Reports 5.3% Growth in Loans to the Economy in 2024
Loans to the economy granted by the banking sector reached DZD11,256.5 billion at the end of 2024, an increase of…
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AI May Boost Global Trade Value by Nearly 40%: WTO
Artificial intelligence could boost the value of global trade by almost 40 percent by 2040 thanks to cost reductions and…
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Algeria to Showcase Food Industry at WorldFood Moscow 2025
Algeria participates, under the supervision of the Ministry of Foreign Trade and Export Promotion, in the International Food and Drink…
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US Stocks Steady After Solid Retail Sales Data
Wall Street stocks paused near records early Tuesday following solid US retail sales data as markets await a Federal Reserve…
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US Retail Sales Beat Expectations in August Despite Tariffs
Retail sales in the United States rose more than analysts expected in August, government data showed Tuesday, even as President…
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South Korea Seeks Unlimited Currency Swap with US Amid Stalled Trade Negotiations
South Korea has proposed establishing an “unlimited” currency swap arrangement with the United States as part of ongoing trade negotiations,…
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Congo, Rwanda agree on draft framework, set to finalize in October
Rwanda and the Democratic Republic of Congo will commit to working with third parties, including the U.S., to revamp their…
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US Consumer Inflation Heats Up but Unlikely to Deter Rate Cut
US consumer inflation rose last month to its highest level since January, government data showed Thursday, although analysts believe that…
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