Gold prices soared to a record high this week, driven by investors seeking safe haven from rising global inflation and trade uncertainties linked to President Trump's tariffs. This surge, marking the strongest quarterly performance in nearly 30 years, reflects mounting concerns over US fiscal policy, inflation, and potential new tariffs impacting both gold imports and overall economic stability.
The Isle of Man Innovation Challenge 2025 has selected 15 finalists from a global pool, showcasing diverse solutions in Fintech, Cleantech, and Data & AI, with a focus on sustainable innovation within the Island's UNESCO Biosphere status. These finalists will collaborate with government agencies and industry experts to refine and scale their solutions, with winners receiving extended support and recognition.
British construction equipment manufacturer JCB is doubling the size of its new US factory in response to President Trump's tariffs, aiming to mitigate the impact and protect its market position in North America. This move signals a potential trend among British manufacturers to invest in localized supply chains and strengthen ties with key markets like the United States.
President Trump's new tariff structure has triggered a wave of layoffs across major corporations, with Stellantis and Whirlpool announcing job cuts impacting thousands of workers. These developments raise concerns about the potential impact of the tariffs on American jobs and businesses, as companies grapple with the economic consequences of the new policy.
Lado Okhotnikov explains how Holiverse redefines healthcare by empowering users with personalized digital twins, AI, and blockchain to optimize well-being rather than simply treat illness. The interview highlights Holiverse’s groundbreaking approach in enabling individuals to control and even profit from their own medical data, challenging traditional healthcare models.