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Business & Technology

Economy

World Bank: Global Growth This Year Slowest Since COVID-19 Onset

Global economic growth in 2026 is projected to be the weakest since the start of the pandemic, according to the latest World Bank report. Key factors include Middle East conflict and rising energy costs.

TVNET · 12 Jun, 02:27

Economy

SpaceX's $1.8 Trillion IPO Raises Concerns Over Overvaluation and Forced Investments

SpaceX's Friday debut could be the largest IPO ever, but Nasdaq rule changes and overvaluation fears raise concerns about forced participation by pension funds and individual investors.

Al Jazeera · 12 Jun, 02:24

Economy

Record number of young people in England fear long-term unemployment, study finds

A new report reveals that young people in England are increasingly pessimistic about their futures, with a record number fearing long-term unemployment.

The Guardian World · 12 Jun, 02:24

Economy

ECB Raises Interest Rates Affecting Mortgage Payments in Latvia

The European Central Bank raised interest rates by 0.25 percentage points on June 11, impacting Latvian residents as most mortgages are tied to the EURIBOR rate.

LSM (rus) · 12 Jun, 01:24

Technology

Musk’s Grok accused of violating Canadian privacy laws over deepfakes

Canada’s privacy watchdog found that xAI’s Grok image generator violated federal privacy laws by launching without safeguards against sexualized deepfake images, amid growing global scrutiny.

Al Jazeera · 12 Jun, 01:10

Technology

NASA’s X-59 Experimental Aircraft Breaks Sound Barrier Quietly

NASA's X-59 supersonic aircraft has successfully flown faster than sound, producing significantly less noise than traditional supersonic planes. This milestone brings the era of quiet supersonic flight closer to commercial reality.

TVNET · 12 Jun, 01:08

Economy

Fact Check: Western Sanctions on Russia Are Working, but No Rapid Collapse Expected

Despite Kremlin claims that sanctions are ineffective, data show EU trade with Russia has dropped by 90%, inflation is at 10%, and labor shortages are acute. However, experts predict stagnation rather than a sudden economic collapse.

TVNET · 12 Jun, 01:04

Technology

China tests AI robot cleaners in homes

China is testing AI-powered cleaning robots in Beijing apartments, where they assist human cleaners, but experts cite safety, privacy, and skill gaps as barriers to wider use.

Euronews · 12 Jun, 01:02

Economy

One-Euro House Programs Expand Beyond Italy

Several countries now offer homes for one euro to attract new residents and revive abandoned properties. A Latvian man, Ivars, recently purchased such a house in Sicily.

TVNET · 12 Jun, 01:00

Technology

SpaceX's IPO: Icarus-like leap or next dot-com bubble?

SpaceX is set for a historic IPO at a $1.75 trillion valuation, potentially making Elon Musk the world’s first trillionaire, but investors must weigh risks as the company lost $5 billion last year and its value hinges largely on AI promises.

BBC World · 12 Jun, 00:49