Biden says a deal may be on the way with Saudi Arabia

Biden says a deal may be on the way with Saudi Arabia


U.S. President Joe Biden attends a press conference to produce remarks on the financial state at Auburn Manufacturing, a corporation that creates warmth- and fireplace-resistant fabrics for a variety of industrial uses in the U.S. and abroad, in Auburn, Maine, U.S. July 28, 2023. 

Jonathan Ernst | Reuters

U.S. President Joe Biden mentioned on Friday a offer could be on the way with Saudi Arabia.

Biden, who was talking at campaign fundraiser in Maine, did not give aspects about the doable offer.

On Thursday, the New York Occasions revealed a column by Thomas Friedman in which he claimed Biden was thinking about whether to pursue a U.S.-Saudi mutual protection pact that would contain Saudi Arabia normalizing relations with Israel.



Supply

OpenAI’s Altman warns the U.S. is underestimating China’s next-gen AI threat
World

OpenAI’s Altman warns the U.S. is underestimating China’s next-gen AI threat

OpenAI CEO Sam Altman warned that the U.S. may be underestimating the complexity and seriousness of China’s progress in artificial intelligence, and said export controls alone likely aren’t a reliable solution. “I’m worried about China,” he said. Over Mediterranean tapas in San Francisco’s Presidio — just five miles north of OpenAI’s original office in the […]

Read More
Soho House to go private in .7 billion deal, Ashton Kutcher to join board
World

Soho House to go private in $2.7 billion deal, Ashton Kutcher to join board

Pavlo Gonchar | SOPA Images | Getty Images Soho House is going private in a $2.7 billion deal led by New York-based MCR Hotels, capping a turbulent market run and financial struggles that erased nearly half of the high-end members club operator’s value since its 2021 debut. Its shareholders will get $9 per share, a […]

Read More
Investors looking beyond the U.S. see opportunities in one small pocket of Europe
World

Investors looking beyond the U.S. see opportunities in one small pocket of Europe

European markets have seen a resurgence this year, with multiple regional indexes outperforming their Wall Street rivals. Amid a broad push to diversify portfolios away from the U.S., some traders see an “unmatched advantage” and “really good investment opportunities” in particular area of Europe. Earlier this year, volatility arising from U.S. President Donald Trump’s unpredictable […]

Read More