Indian Prime Minister Narendra Modi, last week in his state visit to the USA, met Tesla CEO Elon Musk. Musk told reporters after meeting Modi that he is incredibly excited about the future of India and said that India has more promise than any large nation in the world. Musk said, “I am a fan of Modi. He…
The chief executive of Qualcomm anticipates that Apple will shift to in-house 5G modems for its iPhones in 2024. Cristiano Amon said at the Mobile World Congress in Barcelona, “We’re making no plans for 2024; my planning assumption is we’re not providing Apple a modem in 2024, but it is their decision to make.” Apple’s latest iPhone…
The International Monetary Fund (IMF) revised its global growth forecast for the 2023 and 2024. According to its latest update economy will grow at 2.9% in 2023 and at 3.1% in 2024. The global economy grew at 3.4% in 2022. The director of the research department at the IMF Pierre-Olivier Gourinchas said, “Growth will remain…
The two largest economies in South America are Argentina and Brazil are discussing about creation of a common currency, as a coordinated effort to reduce dependency on the U.S. dollar. The analysts are dismissing the proposal due to discrepancies between the economies of the two nations and because of rapid political shifts in the region. Brazilian…
