EUR/USD
1.15921
-0.164%
Gold
4337.97
0.498%
Oil
95.705
-4.797%
USD/JPY
153.962
-0.293%
GBP/USD
1.35065
-0.031%
GBP/JPY
207.953
-0.327%
Real-time News
French Finance Minister Jean-Michel Lescourt said on Friday that the French economy will grow slower than expected this year, and the government will be unable to meet its budget deficit target. Lescourt stated that he lowered the governments economic growth forecast for 2026 from 0.7% to 0.5%, but maintained the 1.0% growth forecast for next year. "This year has seen an extremely severe crisis, involving four different types of shocks," Lescourt said, citing factors such as domestic political uncertainty, soaring energy prices, extreme summer weather, and a surge in borrowing costs in the bond market. The downward revision of the economic outlook makes the governments task of pushing through the 2027 budget in a deeply divided parliament in the coming months even more challenging. All parties have taken a hard line ahead of the two rounds of presidential elections held in April and May. Lescourt stated, "The reality is that the budget was based on the assumption of 5%; and the reality is that the 5% target is no longer feasible."On September 11, according to US media reports, Anthropic discovered that a group in northern Yemen was using its Claude AI model to support the development of missile and rocket systems, highlighting growing concerns about the misuse of advanced AI in military projects and by non-state actors. In its latest AI abuse detection and countermeasures report released Thursday, Anthropic stated that these unidentified actors are advancing three weapons projects, including a guided rocket, a ballistic missile with a claimed range of over 2,000 kilometers (1,243 miles), and a missile series called R2000. The Yemeni group used Claude to help develop guidance, navigation, and control software, effectively replacing some tasks typically performed by software engineers. These actors allegedly spread the work across multiple AI sessions and concealed the military nature of the projects to evade detection. Anthropic released this information as the Iranian-backed Houthi rebels continue to launch missile and drone attacks on shipping routes in the Red Sea, a key global trade route. In recent days, the armed group has advanced towards the Red Sea coast, which borders the strategic Bab el-Mandeb Strait, and fighting between it and Saudi-backed Yemeni forces has intensified. As the war with Iran continues to disrupt the energy market, oil prices have been pushed up.On September 11th, at the "Space Computing Power Innovation and Development" thematic forum of the 2026 China Computing Power Conference, the China Academy of Information and Communications Technology (CAICT) and the Beijing Space Intelligent Computing Research Institute officially established the "Space Computing Power Key Technology and Scenario Verification Laboratory." This is the industrys first laboratory focusing on key technologies and integrated verification across multiple scenarios for space computing power. The laboratory will focus on four main areas: joint research on cutting-edge common key technologies such as radiation-resistant spaceborne AI chips, high-speed inter-satellite communication, and distributed resource collaborative scheduling; building a ground verification test field with "one center, two modules, four platforms, and one base" to conduct pilot-scale and engineering testing of space computing power; promoting the implementation and verification of typical scenarios in multiple domains, including space situational awareness, space-based assisted intelligent driving, and weather forecasting and early warning; developing relevant standards and specifications, outputting testing toolsets and public technical achievements, and coordinating the construction of a standard evaluation system.On September 11, the European Commission approved €6.1 billion in funding for Ukraine to purchase air defense and anti-missile systems, munitions, drones, and electronic warfare systems. The Commission stated that the funds will support the procurement of defense products from EU and Ukrainian companies. EU member states have agreed on the arrangements, allowing Ukraine to use the funds to purchase PAC-3 missiles needed for the Patriot air defense system. This funding comes from a €90 billion EU loan to Ukraine. According to the arrangement, €60 billion will be used for defense assistance and €30 billion for budget support, planned to be provided between 2026 and 2027. The Commission said that with this approval, the €28.3 billion allocated for defense assistance to Ukraine in 2026 has been fully allocated, specifying the equipment to be procured, suppliers, required quantities, and implementation timelines.A spokesperson for the European Commission stated that the EU is in discussions with Apple regarding a potential future Siri EU service.
