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Today · 2026-08-11 · Tue

Media: Brussels has strengthened big technology regulation to make a big deal of Google. Tickets

On 15 July, according to the British Financial Times, a number of informed sources revealed that the European Commission planned to publish a series of sanctions decisions against Google in the coming week. This will further strengthen EU regulation of large science and technology enterprises as the tension between the EU and the United States over digital regulation begins to ease. According to an internal European Commission document and a number of persons with knowledge of the relevant plans, the EU law enforcement agencies will make a number of independent decisions against Google and impose fines amounting to hundreds of millions of euros. This enforcement action will also include the threat of daily punishment, as well as new regulatory directives under the Digital Market Act (DMA). Under the EU Digital Markets Act, offending enterprises may face fines of up to 10 per cent of their global turnover, while the Google parent company Alphabet received $40,283 million last year. Kim Xian

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RUBIO'S MEETING TODAY FOR THE AI ECONOMIC DIPLOMACY CONFERENCE

UNITED STATES SECRETARY OF STATE RUBIO WILL CHAIR THE FIRST MEETING OF THE ECONOMIC DIPLOMACY ACTION GROUP (EDAG) ON WEDNESDAY. THE MECHANISM WAS FIRST ESTABLISHED UNDER THE BIDEN GOVERNMENT AND HAS BEEN IN PLACE FOR TWO YEARS NOW. AN OFFICIAL OF THE DEPARTMENT OF STATE STATED THAT THE GROUP, WHICH WAS COMPOSED OF THE HEADS OF FEDERAL AGENCIES, WAS RESPONSIBLE FOR “DEDICATING THE DIRECTION AND FOCUS OF UNITED STATES ECONOMIC POLICY AND THUS ADVANCING UNITED STATES FOREIGN POLICY OBJECTIVES”. THESE GOALS INCLUDE “UNITED STATES LEADERSHIP IN THE AREA OF ARTIFICIAL INTELLIGENCE”. ALSO PRESENT WERE OFFICIALS FROM THE DEPARTMENT OF STATE, THE DEPARTMENT OF COMMERCE, THE DEPARTMENT OF ENERGY, THE DEPARTMENT OF AGRICULTURE, THE DEPARTMENT OF DEFENSE AND THE DEPARTMENT OF THE TREASURY, AS WELL AS HEADS OF UNITED STATES TRADE REPRESENTATIVES, THE UNITED STATES EXPORT-IMPORT BANK, THE DEVELOPMENT FINANCE CORPORATION, THE UNITED STATES TRADE AND DEVELOPMENT BUREAU, THE SMALL BUSINESS ADMINISTRATION, MILLENNIUM CHALLENGE CORPORATION AND THE WHITE HOUSE OFFICE OF SCIENCE AND TECHNOLOGY POLICY. KIM XIAN

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OpenAI sent $100 for a GPS-5.6 bill for the top 10,000

OpenAI launched a GPT-5.6 outreach campaign, with the first 10,000 users being able to apply for a $100 ChatGPT scale of approximately 2,500 points. Users are required to share their experience or model comparison publicly with X and can apply after submitting a link to the post. The activity requires applicants to be in possession of ChatGPT Go, Plus or Pro subscriptions, with each account limited to one. Participants are required to allow OpenAI to forward the post free of charge and to use it for marketing and fee advertising。

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Cumulative financing of 6 block-chain projects over $500 million

According to KOL Stacy Muur, the cumulative financing of six block-chain projects, namely Berachain, Celesti, Scroll, Eclipse, Sonic and Manta, exceeds $500 million. Of this amount, Berachain financed $142 million, Celestia received about $18 million for 24-hour fees, Stroll, Eclipse, Sonic and Manta received about $111 million, $65 million, $61 million and $60 million for 24-hour fees, and approximately $24, $22, $67 and $118, respectively。

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Morgan Chase: The opportunities for investment in artificial intelligence are not limited to technology giants

On 15 July, Madison Faller, a global investment strategist at the Morgan Chase Private Bank, stated that investors should look beyond the giants of technology to the entire artificial intelligence chain. “The story of artificial intelligence is not confined to a single industry; we are really concerned with capital-intensive assets that cannot be replaced”, she mentioned in particular semiconductors, infrastructure, utilities and industrial blocks. Fuller noted that the strong performance of science and technology companies was fully compatible with the broader market for profit growth. She added that, of the 11 industries covered by the Standard 500 Index, 10 were expected to grow in the current fiscal season. The Morgan Chase team expects that the Standard 500 index will yield a total return of nearly 10 per cent over the next year. They also expect a medium-digit rate of return for large European units. Faller stressed that the banking unit was a notable investment option for the region, given the improvement in fundamentals and the increase in dividends and stock buy-backs. Kim Xian

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A forecast market player achieves a gain/loss reversal within two weeks, with a cumulative profit of $8 million

According to Lokonchain, a forecast market player completed a large gain or loss reversal within two weeks, with a cumulative loss of $10.8 million and a profit of $8 million through recent transactions. Of this amount, France vs Spain earned $9.9 million, Switzerland vs Colombia $3.76 million, Argentina vs Switzerland received $1.867 million and the United States vs Belgium received $1.759 million。

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Dr. Doom Rubini warns that inflation is still the highest-risk US debt return in the market or up to 30 years

ON 15 JULY, RUBINI, A WELL-KNOWN ECONOMIST KNOWN FOR HIS PESSIMISTIC PROGNOSIS, KNOWN AS “DR. DOOM”, WARNED THAT INFLATION REMAINED THE GREATEST RISK TO MARKETS AND THAT KEY FACTORS DRIVING THE RISE IN INFLATION INCLUDED GEOPOLITICAL TENSIONS, DE-GLOBALIZATION AND INCREASED GOVERNMENT SPENDING. RUBINI WARNED THAT IF INFLATION TRENDS CONTINUED TO RISE, THE RATE OF RETURN ON LONG-TERM BONDS COULD CHANGE DRAMATICALLY. HE INDICATED THAT IF THE UNITED STATES CONSUMER PRICE INDEX (CPI) REACHED 5-6 PER CENT, THE RETURN ON UNITED STATES TREASURY DEBT COULD BE “CLOSE” TO 8 PER CENT OVER A 10-YEAR PERIOD. THIS WILL BE THE HIGHEST LEVEL SINCE 1994, UP SIGNIFICANTLY FROM THE CURRENT LEVEL OF ABOUT 4.58 PER CENT. HE SUGGESTED THAT, IN ADDITION TO MARKET FACTORS, OTHER STRUCTURAL FACTORS COULD ALSO CONTRIBUTE TO HIGHER RATES OF RETURN. FOR EXAMPLE, THE INCREASING LEVEL OF GOVERNMENT DEBT MEANT THAT THE MINISTRY OF FINANCE NEEDED TO ISSUE MORE BONDS. IF DEMAND DOES NOT RISE AT THE SAME TIME, AN INCREASE IN THE SUPPLY OF BONDS WILL LEAD TO HIGHER YIELDS。

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Iran: Iran will not bow down to negotiate with the United States

ON 15 JULY, AT LOCAL TIME, ON 14 JULY, THE DEPUTY FOREIGN MINISTER OF IRAN, GARIBABADI, STATED IN AN INTERVIEW THAT THE PASSAGE OF SHIPS IN THE STRAITS OF HORMUZ WAS NOT IMPORTANT TO THE UNITED STATES, AS PRESIDENT TRUMP HIMSELF ACKNOWLEDGED, BUT THAT THE UNITED STATES DID NOT WANT IRAN TO HAVE REAL SOVEREIGNTY OVER THE STRAITS OF HORMUZ. GARIBABADI ALSO STATED THAT IRAN HAD NEVER LEFT THE NEGOTIATING TABLE, THAT THE UNITED STATES HAD TORN THE ISLAMABAD MEMORANDUM OF UNDERSTANDING AND THAT IRAN COULD NEVER HAVE BOWED TO DEMAND NEGOTIATIONS WITH THE UNITED STATES. (CCTV INTERNATIONAL TIMES)

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WHITE HOUSE HASSET QUOTE: 67 OF 67 ECONOMISTS MISPREGNANT CPI

IN AN INTERVIEW WITH THE CHAIRMAN OF THE WHITE HOUSE COMMITTEE OF ECONOMIC ADVISERS, HASSET, ON 14 JUNE, STATED THAT, WITH REGARD TO THE JUNE CPI REPORT, “67 ECONOMISTS FROM THE BLOOMBERG SURVEY, ALL 67 ECONOMISTS WERE WRONG!” HE STATED THAT THE CPI RING RATIO HAD FALLEN BY 0.4 PER CENT IN JUNE, THE LARGEST MONTHLY DECLINE IN SIX YEARS, THANKS TO MEASURES TAKEN BY UNITED STATES PRESIDENT TRUMP TO CUT COSTS. KIM XIAN

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SUN JUSTICE PREDICTS THAT IN 2040 THERE WILL BE A BILLION AI INTELLIGENT BODIES AND THAT AI WILL BE THE LARGEST INDUSTRY IN HUMAN HISTORY

ON 15 JULY, ACCORDING TO NEWS REPORTS READ IN JAPAN, THE CHAIRMAN OF THE SOFT SILVER GROUP AND CEO SUN JUSTICE WEEK, AT ITS ANNUAL CONFERENCE, “SOFT SILVER WORLD”, HELD IN TOKYO ON TUESDAY, STATED THAT IT WAS EXPECTED THAT BY 2040, AI'S INTELLECTUALS WOULD REACH 1 TRILLION, HUMAN ROBOTS WOULD REACH 1 BILLION AND AI WOULD BECOME “THE LARGEST INDUSTRY IN THE HISTORY OF MANKIND”. HE NOTED THAT AI WOULD CONTRIBUTE ABOUT 20 PER CENT OF GLOBAL GDP BY 2040 AND STATED THAT “A BILLION AI INTELLIGENTS INTERACT WITH EACH OTHER, THAT SOCIETY WILL SHIFT TO ONE CENTRED ON INTELLIGENCE RATHER THAN ON HUMAN BEINGS, AND THAT THE WORLD WILL CHANGE RADICALLY”. WITH REGARD TO THE EFFECTS OF HUMAN-SHAPED ROBOTS, SUN JUSTICE STATED THAT ROBOTS COULD OPERATE ON A 24-HOUR BASIS, AMOUNTING TO 3 BILLION HUMAN WORKERS, AND WOULD BE AT THE CORE OF THE WORKFORCE WITH FASTER, MORE PRECISE AND MORE NUANCED TASKS. AT THE SAME TIME, HE STRESSED THAT THE EXPANSION OF THE DATA CENTRE WAS KEY TO ACHIEVING THAT VISION AND THAT ELECTRICITY CONSUMPTION WAS EXPECTED TO DOUBLE BY 2040, REQUIRING AN ANNUAL INVESTMENT OF ABOUT $5 TRILLION (80 TRILLION YEN). IN TERMS OF FUTURE OPERATIONAL STRATEGIES, SUN JUSTICE STATED THAT THE AI REVOLUTION SHOULD NOT BE LIMITED TO JAPAN, BUT MUST CONCENTRATE ON THE CORE BATTLEGROUND OF THE UNITED STATES. KIM XIAN

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