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Australia to Boost Defense Spending Amid U.S.-China Tensions
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Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - World -
U.S. and China to hold first AI talks amid ongoing TikTok stalemate
The U.S. and China will hold their first high-level talks on artificial intelligence within the "coming weeks."NBC News - Top stories - China -
Tensions ratchet up between China and the west
Also in this newsletter: new weapons for Ukraine, German recovery, the value of loyaltyFinancial Times - World - China -
Sweden should spend more on defense and increase the number of conscripts, lawmakers recommend
Yahoo News - World -
Sweden should spend more on defense and increase the number of conscripts, lawmakers recommend
A Swedish parliament committee says Sweden should increase its annual military budget by nearly 54 billion kronor ($5 billion) by 2030 to strengthen its air defenses and increase the number of conscripts, among other measuresABC News - World -
Rishi Sunak: Britain Does Its Part in Ukraine and on Defense Spending
Our military budget will reach 2.5% of GDP by 2030. European allies need to step up as well.The Wall Street Journal - World - Ukraine -
Tensions grow as China ramps up mining for green tech
China has taken big stakes in mines across the world extracting minerals vital to the green economy.BBC News - Top stories - China -
U.S., China to hold first AI talks within 'weeks' amid ongoing TikTok stalemate
The U.S. and China will hold their first high-level talks on artificial intelligence within the "coming weeks," U.S. Secretary of State Antony Blinken said.CNBC - Business - China
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Australia Shares Set to Build on Week-Opening Gains
Australia’s S&P/ASX 200 looks set to edge higher at the open, building on its week-opening gains following a positive lead by U.S. equities.The Wall Street Journal - World - Australia -
NBC Prepares $2.5-Billion-a-Year Bid to Pluck NBA Rights From TNT
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Columbia Turns Up Pressure on Pro-Palestinian Student Protesters
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Protectionism Won't Save U.S. Steel's Jobs
Its Japanese suitor, Nippon Steel, has the capital it needs to make it competitive again.The Wall Street Journal - World