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‘The future will be won or lost on this technology. I’m very concerned’: The founder of a $9 billion company warns that China is on track to dominate the US in one of today’s most important technologies

“In the field of AI, China is neck and neck with the US,” said Dennis Barrier, CEO of global venture firm Cathay Innovation” writes Zo Bernard for businessinsider.com. “The future will be won or lost on this technology,” said Singh.If you’re ahead on AI, he says, “that naturally means that you’ll be ahead as a country.”.  Source: businessinsider.com Share This:

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GBP News 

Labour will lose a big chunk of voters if it doesn’t oppose Brexit, a new poll finds

“The Conservatives would be nine percentage points ahead on 29%, while the Liberal Democrats would climb to 17%, putting them almost neck-and-neck with Labour” writes Adam Payne for businessinsider.com. However, if Labour was to officially oppose Brexit, it would receive 26% of the vote, four percentage points behind the Conservatives and sixteen percentage points ahead of the Lib Dems, who’d be on 8%. Source: businessinsider.com Share This:

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Events to watch for in the week ahead

“The week ahead should be lively with some top-tier data and news on the agenda” reports forexlive.com. That would set up three-party talks and a potential conclusion in the weeks ahead.Canadian retail sales will be another key data point ahead of the September BOC meeting; The implied odds of a hike are up to 32% from 22% a week ago, largely due to Friday’s strong CPI report.Here are a few things to watch out for. Source: forexlive.com Share This:

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Markets News Stocks 

As Stock Markets Brush Off Trade Tensions, a Warning of Trouble Ahead

“But if the slump in copper prices is a harbinger of a significant slowdown in global economic growth, American investors could eventually feel the pain” reports nytimes.com. Such concerning signals emanating from a country that accounts for roughly 15 percent of the world economy might give some investors pause.Investors seem broadly split over whether American markets can continue to separate themselves from worries about global growth. Source: nytimes.com Share This:

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Blistering U.S. economy still surging at midsummer, leading index shows

“The leading economic index rose 0.6% in July after a 0.5% gain in June, the Conference Board said Friday” writes Jeffry Bartash for marketwatch.com. Big picture: A range of indicators point to the U.S. economy expanding around 3% in the second half of 2018.The numbers: The ebullient U.S. economy flexed its muscles at midsummer and is likely to expand steadily in the months ahead, according to an index that measures the nation’s economic health.What happened: Measures of economic health that look ahead, such as business orders, were particularly strong in…

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GBP News 

Comment: Why hasn’t the NHS been prioritised in Brexit negotiations?

“Since the EU referendum, the BMA has thoroughly considered the impact of Brexit on the NHS and health services across the UK and Europe” writes Chaand Nagpaul for independent.co.uk. A no-deal Brexit could have potentially catastrophic consequences for patients, the health workforce and services and the nation’s health.At our annual representative meeting in June 2018, doctors made it clear that they believe Brexit poses a major threat to the NHS and the nation’s health. Source: independent.co.uk Share This:

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