10 Hrs
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الشارقة 24
Mexico boosts US imports to cut trade deficit
Oil prices declined amid hopes of reaching a ceasefire in the Iranian war, while Bill Gates warned of the possibility of one billion deaths due to artificial intelligence. At the same time, the European Union warned of an energy price crisis amid efforts to enhance energy security. European stocks rose after three weeks of losses, following the suspension of production at Ukraine’s largest steel plant due to Russian strikes. Libya also shut down its oil pipeline, which was producing around 720,000 barrels per day, and Syria and Iraq visited each other to facilitate gasoline transfers as part of the "Energy Corridor" plan. Economically, Mexico increased its imports from the United States to strengthen its trade deficit, and U.S. Treasury yields rose, attracting investors to bond funds. In the automotive industry, a battle erupted between China and the West over control and defense, as the U.S. and China work to establish communication channels to address AI-related incidents.
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