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PBOC’s Pan Says to Monitor AI Impact on Economy, Monetary Policy

People’s Bank of China Governor Pan Gongsheng said the central bank will closely monitor the macroeconomic impact of artificial intelligence and prudently assess its effects on the economy, financial markets and monetary policy, while making forward-looking policy preparations.

Sources (1)· Oct 19, 1:17 PM

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Bloomberg· Oct 19, 1:17 PMPBOC’s Pan Says to Monitor AI Impact on Economy, Monetary Policy

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Israel Arrests 10 for Settler Attack on US Journalist, DiplomatsIsraeli police arrested 10 people in connection with attacks on an American photojournalist and foreign diplomats by West Bank settlers, an incident that’s stoked European and US calls for a crackdown.

Bloomberg4h agoWhole story →

'Backing Settler Terrorists Is Its Policy': IDF Ignored Distress Calls Before Attack on European DiplomatsThe Israeli military reportedly ignored repeated distress calls before masked settlers attacked a group of European diplomats with metal bars during a visit to the illegally occupied West Bank this past weekend, sparking international outrage. The Israeli newspaper Haaretz reported that "despite the warnings, security forces were not sent to the area to…

Common Dreams5h agoWhole story →

Denver man sentenced to 30 months in federal prison for COVID relief schemeSteve Randall Howe has been sentenced to two and half years in federal prison for fraudulently obtaining more than $1.2 million in pandemic-era relief funds, prosecutors said.

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California trucking owner pleads guilty in $2.1M identity theft schemeNearly 100 people had their personal information compromised. Federal investigators traced the proceeds through international bank transfers before authorities arrested the operator following 18 months in Turkey.

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AI Debt Boom Faces Bond Market Reality CheckPIMCO Market Strategist and Portfolio Manager Tony Crescenzi tells Bloomberg This Weekend that rising US interest costs and the selloff in CoreWeave debt show how bond investors are imposing greater discipline on borrowers, particularly companies with less certain cash flows. Speaking with hosts David Gura and Christina Ruffini, Crescenzi says divided…

Bloomberg1d agoWhole story →

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