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Trump Is Undermining Trust in Official Economic Statistics. China Shows Where That Path Can Lead

Wired · 21d ago

Trump Is Undermining Trust in Official Economic Statistics. China Shows Where That Path Can Lead

U.S. President Trump undermines trust in economic statistics, firing top economist Erika McEntarfer after a disappointing jobs report, without evidence of misconduct. This action reflects a pattern seen in China, where manipulating data erodes governmental credibility. Critics argue Trump's policies negatively impact the U.S. economy. The incident raises concerns about the reliability of official economic metrics and the potential long-term consequences of political interference in statistical reporting.

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Trump's unusual Nvidia deal raises new corporate and national security risks - The Economic Times

Economic Times

Economic Times · 17d ago

Trump's unusual Nvidia deal raises new corporate and national security risks - The Economic Times

President Trump made a groundbreaking deal with Nvidia and AMD, allowing them to resume AI chip sales to China in exchange for giving the US government 15% of the related revenue. This move has raised concerns over setting a "pay-for-play" precedent, undermining export controls and possibly reshaping future technology negotiations. Critics, including US lawmakers and analysts, worry about potential national security risks and the legal implications of such a revenue-sharing arrangement.

Nvidia’s win on chips reduces China tensions, raises questions on tech rivalry

Livemint

Livemint · 1m ago

Nvidia’s win on chips reduces China tensions, raises questions on tech rivalry

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US senators warn Nvidia CEO about upcoming China trip - The Economic Times

Economic Times

Economic Times · 1m ago

US senators warn Nvidia CEO about upcoming China trip - The Economic Times

Two U.S. senators, Jim Banks and Elizabeth Warren, have cautioned Nvidia CEO Jensen Huang against meeting Chinese firms potentially undermining U.S. chip export controls during his China trip. They urged him to avoid companies linked to China's military and intelligence bodies. Nvidia plans cheaper AI chips for China. Concerns persist over Nvidia's role in strengthening China's AI industry and circumventing U.S. controls, amid tensions over advanced AI export regulations.

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Economic Times

Economic Times · 1y ago

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Meta took advantage of teens’ emotions: Whistleblower

Economic Times

Economic Times · 4m ago

Meta took advantage of teens’ emotions: Whistleblower

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Impersonation fraud: One phone call and your bank account, personal identity all gone; learn how to identify it and be safe - The Economic Times

Economic Times

Economic Times · 2m ago

Impersonation fraud: One phone call and your bank account, personal identity all gone; learn how to identify it and be safe - The Economic Times

Impersonation fraud is a growing threat where scammers pose as authority figures, like bank officials or tech support, creating urgency to steal personal information and money. They manipulate victims using trust and fear, often employing spoofing tactics for authenticity. To protect yourself, hang up immediately on suspicious calls, avoid sharing personal details, verify with institutions directly using official numbers, and use call-blocking features. Staying alert and skeptical is crucial for prevention.

Soft on China, hard on India: What's Trump up to?

Economic Times

Economic Times · 2d ago

Soft on China, hard on India: What's Trump up to?

U.S. President Donald Trump has taken a different approach toward Asia by imposing high tariffs on India while softening relations with China. Despite India's role as a democratic partner, Trump has imposed a 50% tariff on Indian exports due to India's Russian oil purchases. Meanwhile, China, consuming large amounts of Russian oil, has faced fewer tariffs and received favorable treatment, risking the Indo-Pacific strategy and potentially impacting long-standing U.S.-India relations and trust.

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Economic Times

Economic Times · 1m ago

As Trump courts a more assertive Beijing, China hawks are losing out - The Economic Times

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Centre Looking To Tap Quick Commerce Data To Fathom Out Consumption Patterns & Economic Activity

Inc42 · 11m ago

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CIA allegedly made fake social media accounts to troll the Chinese government

The Verge

The Verge · 1y ago

CIA allegedly made fake social media accounts to troll the Chinese government

The CIA reportedly initiated a covert operation in 2019 aimed at undermining Chinese officials and swaying public opinion against them. This operation involved leaked intelligence and negative news spread through social media platforms. The objective was to instill paranoia within the Chinese government and create doubt among the public. The program, authorized by former President Donald Trump, allegedly extended beyond China to influence public opinion in Southeast Asia, Africa, and the South Pacific, particularly targeting China's Belt and Road Initiative. The CIA declined to comment on the matter.

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