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Fed economists still expect 'mild recession,' May minutes show
Fed economists still expect 'mild recession,' May minutes show
by  AFP

US Federal Reserve economists still expected a "mild recession" at the most recent interest-rate meeting earlier this month, according to minutes of the meeting published Wednesday. The views highlighted in the minutes align with the public statements given by voting FOMC members since the interest-rate decision earlier this month.

Pre-Hispanic aquaducts irrigate modern Peruvian crops
Pre-Hispanic aquaducts irrigate modern Peruvian crops
by  AFP

Built some 1,700 years ago by the pre-Hispanic Nazca people of Peru, an ingenious aqueduct system of wood and stone still provides farmers with water to this day. "It helps us to irrigate," said farmer Nicolas Quispe, 39, who waters his potatoes from the Nazca aqueduct system "thanks to the ancient farmers who had this advanced technology."

EU, Google want 'voluntary' AI rules: commissioner
EU, Google want 'voluntary' AI rules: commissioner
by  AFP

The EU and Google want voluntary rules on AI before a new law comes into force in the bloc to regulate the rapidly advancing technology, the bloc's industry commissioner Thierry Breton said Wednesday.

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