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US debt 'brinkmanship' risks serious costs: Yellen
US debt 'brinkmanship' risks serious costs: Yellen
by  AFP

Political brinkmanship over raising the US debt ceiling risks "serious economic costs" even without the "catastrophe" of a default, Treasury Secretary Janet Yellen warned Thursday at G7 finance talks in Japan.

Australian minister heads to China seeking 'unimpeded' trade
Australian minister heads to China seeking 'unimpeded' trade
by  AFP

Australia's trade minister flew to Beijing on Thursday on a mission to demolish all Chinese import barriers after years of punishing sanctions and unofficial bans. China then took delivery of its first Australian coal shipment in February this year, after an unofficial ban of two years.

European Parliament votes on curbs for ChatGPT and other AI
European Parliament votes on curbs for ChatGPT and other AI
by  AFP

EU lawmakers hold a crucial vote Thursday towards setting restrictions on how AI such as ChatGPT can be used in the European Union. Once the committees' vote is held on Thursday, the full European Parliament will have its say with a plenary vote next month.

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