By Nelson Banya and Clara Denina (Reuters) – As China moved to control some exports of key battery mineral graphite on Friday, miners elsewhere face a race against time to bring new projects to fruition to secure supplies for the next generation of electric vehicles. China will require export permits…

Renowned as the “startup nation”, Israel’s vibrant technological ecosystem stands as a testament to its innovative spirit and resilience. This tech hub, often likened to Silicon Valley, has not only garnered international acclaim but has also significantly bolstered Israel’s economy, reflecting 20% of its GDP. Now the Israel-Hamas war threatens…

LIMA (Reuters) – There is “no doubt” Peru is in a recession, Economy Minister Alex Contreras said on Friday, his first acknowledgment of the country’s negative growth, before speaking before congress to request a fiscal stimulus. Contreras had previously downplayed months of economic contraction, but told journalists outside congress on…

With the advent of generative artificial intelligence, AI-industry leaders have been candidly expressing their concerns about the power of the machine learning systems they are unleashing. Some AI creators, having launched their new AI-powered products, are calling for regulation and legislation to curb its use. Suggestions include a six-month moratorium…

In a recent development, Federal Reserve Chair Jerome Powell hinted at a possible pause in the Fed’s historic series of interest-rate increases. This announcement, made during a Thursday address, is contingent on advances in inflation and has sparked conversations among investors about its implications for both the crypto ecosystem and…

(Reuters) – U.S. Federal Reserve policymakers are increasingly taking the view that the rising bond yields that are tightening financial conditions in the way they have been seeking are due less to market expectations of further Fed rate hikes but rather to a variety of other factors, allowing them to…

President Joe Biden’s urgent request for funding for Israel and Ukraine with those two nations at war could quickly run up against a dysfunctional House of Representatives and make for a tragedy, an analyst said Friday. Biden on Friday morning asked lawmakers to approve $14 billion for Israel and $61…

By Stephen Culp NEW YORK (Reuters) – Wall Street ended lower on Friday as investors closed the book on a week marked with mixed earnings, warnings of possible further interest rate hikes from the Federal Reserve, and worries of escalation of the Middle East conflict. The yield on was briefly…

Cleveland Federal Reserve President Loretta Mester said Friday that the central bank will have to find a way next year to get away from the constant questions over what the central bank will do at every meeting. Fed officials, including Mester, think that it will be important to hold interest…

By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina may be about to leap into the political unknown. The South American country, the region’s No.2 economy after Brazil, will vote in presidential elections on Sunday with a radical outsider, libertarian Javier Milei, in pole position to win, though he will likely…