export controls

Nvidia CEO Jensen Huang says the biggest gap in the US-China AI race isn't chips—it's dialogue. Speaking on the Dwarkesh Podcast, Huang argued that American and Chinese AI researchers must talk and agree on what AI should never be used for. He pushed back hard against Anthropic CEO Dario Amodei's call for chip export controls, warning that ceding China's market risks splitting global AI into two competing tech ecosystems.

Venezuela's crude exports surged 14% to 1.23 million barrels per day in April, reaching their fastest pace in over seven years. This increase, driven by demand from the US, India, and Europe, follows a US agreement that softened sanctions, allowing major trading firms and partners to resume lifting Venezuelan crude.

Despite a positive meeting, China is strategically expanding economic leverage against the US. New regulations target companies shifting supply chains and restrict foreign tech in state data centers. Beijing is building pressure tools, moving beyond trade, as both nations navigate a complex geopolitical landscape and competition for critical resources.

Maharashtra mandates digital locks with real-time GPS tracking for all liquor and spirit transport vehicles from June 1st. This move aims to curb theft and duty evasion by enhancing surveillance and shifting to tech-driven excise enforcement. The system will monitor vehicle movements, lock openings, and stock deliveries, integrating with the state excise's command control centre.

Weeks of conflict have intensified Iran's economic pressures, straining its financial system despite ongoing internal resilience and limited external trade. While facing significant business challenges and rising costs, Iran is leveraging domestic resources and alternative trade routes to sustain itself amidst a Gulf standoff and stalled ceasefire talks.

In Emilia-Romagna, Italy, hundreds of thousands of wheels of Parmigiano Reggiano cheese are stored in climate-controlled warehouses, serving as valuable collateral for loans. This unique financial system allows producers to overcome cash flow challenges caused by the cheese's lengthy aging process, ensuring the industry's continued operation and growth.

Oura's smart ring now tracks hormonal health for women with new features. Hormonal Birth Control support helps monitor effects on sleep and temperature, while Menopause Insights offers personalized symptom assessment. These tools aim to provide women with deeper understanding and data for informed health discussions with clinicians.

Meta's $2 billion AI acquisition of Manus AI has been blocked by China, citing national security and technology transfer concerns. Chinese regulators reviewed the deal, restricted Manus founders from leaving the country, and ultimately ordered the companies to cancel the transaction. This move highlights escalating US-China tensions over advanced AI technology and offshore structures.

Creative professionals can now directly command tools like Photoshop and Blender using plain language, thanks to Anthropic's new AI integrations. These powerful connectors allow for tasks from retouching portraits to building 3D models and scripting within the software itself. Leading art schools are partnering to test these advancements with students facing real deadlines.

China has blocked Meta's acquisition of AI startup Manus, citing national security concerns and potential technology leakage. This move follows reports of Beijing restricting American capital in its AI sector. The decision stems from Manus's "general AI agent" technology, developed in China but moved to Singapore, raising fears of intellectual property transfer to US firms.

Despite US claims of total control over the Strait of Hormuz and a successful naval blockade, an Iranian oil tanker carrying over 1.9 million barrels of crude has reportedly evaded US forces and reached Asia. This incident, alongside claims of numerous Iranian vessels breaching the blockade, highlights ongoing challenges in enforcing the US-imposed restrictions.

Horoscope Today: Read daily horoscope predictions for May 6, 2026. Know all about the astrological events and influences that will be affecting each of the 12 zodiac signs. Our astrologer has analyzed the movements of the planets and the alignment of the stars to bring you the most accurate and up-to-date horoscope predictions for the day ahead. Get ready to discover what the stars have in store for you today.

The United States has stepped up efforts to restrict Iranian oil exports, a major source of revenue for Tehran. Late last month, the Treasury Department’s Office of Foreign Assets Control imposed sanctions on Hengli, targeting one of the most prominent and well-connected companies in China’s large crude-processing sector.

Moradabad is experiencing a transformative shift, driven by new infrastructure like the NH-24 corridor and upcoming expressways. This connectivity boom is attracting diverse industrial investments beyond its traditional brass sector, creating a competitive advantage. Planned developments like New Moradabad offer predictable growth, while rising local residential demand signals a promising real estate future.

Pakistan's economy faces sustained pressure with double-digit inflation likely to persist due to surging global oil prices amid the Middle East crisis. Rising energy costs and regional instability are projected to slow GDP growth and widen the current account deficit, impacting the stock market and currency.

India and New Zealand have signed a 'once-in-a-generation' trade pact, granting Indian exporters duty-free access to New Zealand. The agreement aims to double bilateral trade to $5 billion in five years and includes a $20 billion investment commitment from New Zealand. Both nations are optimistic about the pact's potential to boost economic growth and cooperation across various sectors.

US President Trump's second term prioritizes oil, leveraging energy dominance for global influence. Campaign funding from oil interests aligns with policies boosting domestic production and easing regulations. Sanctions on rivals and geopolitical events like the Hormuz crisis engineer demand for American exports, impacting nations like India and reshaping global energy markets.