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Month: June 2024

Opinion: When world leaders gather for this ‘family photo’ the results can be… awkward

Opinion by Frida Ghitis (CNN) — The annual G7 summit, a gathering of leaders of some of the world’s wealthiest democracies, used to be a staid, predictable affair. Like-minded leaders would come together, usually in picturesque settings, to fine-tune their strategies, reaffirm their shared values and strengthen their friendship. Much has changed since those days.

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Stock market today: Asian shares mixed after AI hopes nudge Wall St to records. BOJ stands pat

By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mixed in muted trading Friday after Wall Street’s continued frenzy around artificial-intelligence technology nudged indexes on Wall Street to more records. Japan’s benchmark Nikkei 225 jumped 0.7% to 38,998.04 after the Bank of Japan kept its monetary policy intact, though it did say

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Jittery markets rally after Argentina’s Milei gets his first legislative ‘triumph’ on broad reforms

By ISABEL DEBRE Associated Press BUENOS AIRES, Argentina (AP) — Wall Street has rallied as Argentina’s president traveled to Italy for the Group of Seven summit buoyed by his first legislative victory. The Senate passed sweeping proposals to slash state spending and boost his powers. The legislation aimed at overhauling Argentina’s long-troubled economy during its

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