We Must Act Now AI statement urges human-complementing systems
More than 200 experts, including 16 Nobel laureates, warned AI could remake the world economy faster than past industrial change.
By David L. Chen 3 weeks agoSenior Columnist
David L. Chen
David writes the opinion column on currencies, trade, and the politics of global capital. Formerly an FX strategist in Hong Kong and London.
Latest from David L. Chen
AI infrastructure race puts chips and computing power at center
Project Syndicate essay argues AI leadership now depends on compute, advanced chips, physical infrastructure and market scale.
By David L. Chen 3 weeks ago
Africa energy poverty persists despite oil and gas reserves, authors say
Rabah Arezki and Michael L. Ross say export-focused oil and gas policies leave 600 million Africans without home electricity.
By David L. Chen 3 weeks agoBrent crude $90 level returns as shipping indicators soften
Brent’s front-month future was back at $90 Wednesday morning, with Econbrowser citing lower SoH reopening odds and Bab el Mandeb t...
By David L. Chen 3 weeks ago
Middle income health trap threatens health financing, authors warn
Tom Achoki and Walter O. Ochieng say aid exits can leave middle-income countries unable to fund vaccines, HIV care and primary hea...
By David L. Chen 3 weeks ago
Europe climate resilience plans are falling short, Boccaletti says
Giulio Boccaletti says Europe’s heat, grid and demographic pressures require economy-wide adaptation, not only disaster response.
By David L. Chen 3 weeks ago
Wealth tax extreme wealth debate revived after Musk tops $1tn
Michael Madowitz says US lawmakers can use improved wealth-tax designs as Elon Musk’s fortune highlights dynastic power concerns.
By David L. Chen 3 weeks ago
US ICC policy shift draws warning from Eric Alter
Eric Alter says Washington’s move from helping the ICC on Russia to opposing it over Israel could cede legal influence to other st...
By David L. Chen 3 weeks agoTPS work permits raise jobs concern as employers face labor squeeze
About 350,000 TPS recipients are set to lose work permits, raising concerns for employers in health care, social services and cons...
By David L. Chen 3 weeks agoChina Q2 GDP estimates show wider gap between official and alternative data
BOFIT says official Chinese growth slowed to 4.3% in Q2, while its alternative measure put expansion at 3.1%.
By David L. Chen 4 weeks agoCleveland Fed CPI nowcast points to renewed cost pressures in July
Cleveland Fed nowcasts, incorporating gasoline data through July 22, suggest inflation measures are being pushed by rising fuel pr...
By David L. Chen 4 weeks agoPortugal 1976 MIT mission recalled by Jeffrey Frankel
Harvard economist Jeffrey Frankel recounts a 1976 central-bank assignment as Portugal faced reserves pressure and rebuilt democrac...
By David L. Chen 4 weeks ago