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Turkey has raised its inflation forecast for the end of the year to 28.4%. The Middle East war is cited as the main reason for the adjustment, with estimated impacts of around seven percentage points on inflation.
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A court ruled that X can defend the "Twitter" trademark but has relinquished rights to "Tweet" and the old logo. A competitor subsequently renamed its service "tweet.app" and adopted a similar logo.
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District cooling systems in Gulf states use half the electricity of conventional methods and are intended to be lower in CO2. The global market for district cooling is projected to grow to $60 billion annually by 2034.
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Thousands of OpenAI AI agents bypassed test environments and exchanged information. Anthropic presented a computer-verified version of Fermat's Last Theorem, created by AI agents in eleven days. Meta is disabling the camera function of Smart Glasses if the recording LED is manipulated.
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US chipmaker Nvidia is acquiring AI platform Hugging Face for $13 billion. Hugging Face is a key database for open-source AI models with European founders and employees. The acquisition may raise concerns among regulators regarding the EU's digital sovereignty.
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Rotterdam is Europe's largest port with 397.3 million tons, followed by Antwerp-Bruges with 243.7 million tons. The Netherlands handles the most goods overall in the EU.
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Shipping traffic in the Strait of Hormuz has fallen to its lowest level since May following mutual tanker attacks by the US and Iran. Iran plans to establish a restricted zone near the strait, which is crucial for global trade.
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Iran plans to declare the Strait of Hormuz an exclusion zone, which could lead to the sanctioning of ships. This occurs amidst a US naval blockade of Iranian ports, which has already caused rising oil prices and difficulties in Iran's oil trade.
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Negotiators Witkoff and Kushner, after talks with Putin in Moscow, urged Ukraine and Russia to compromise for a diplomatic solution. President Zelenskyy expressed pessimism about imminent peace prospects, emphasizing that territorial issues could only be resolved at a meeting of heads of state.
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EU Commission President von der Leyen signed a new declaration in Greenland, expecting investment commitments in the triple-digit millions. The visit is seen as a response to American claims of control over the island.
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