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Argentina Approves Rio Tinto’s $2.5 Billion Rincon Lithium Mining Project

Rio Tintos $2.5 billion Rincon lithium mining project, the first mining endeavour under Argentinas new investment incentive framework RIGI, has been a

Rio Tintos $2.5 billion Rincon lithium mining project, the first mining endeavour under Argentinas new investment incentive framework RIGI, has been approved. The Salta province project is anticipated to increase Argentinas lithium exports, solidifying its standing as the fourthlargest lithium exporter globally. With seven applications still outstanding from companies like Ganfeng, McEwen Copper, and Posco, the clearance comes amid worries over delays in mining project approvals. In order to stabilise Argentinas economy, which is beset by high inflation and currency volatility, the government wants to draw in foreign investment. Direct lithium extraction DLE technology will be used in the Rincon project to increase productivity and environmental sustainability. Read More..

B2B Tech News | 1 months ago          

Nigeria’s Central Bank Holds Rates at 27.50% for Second Consecutive Meeting

Following six rate hikes in 2024, Nigerias central bank has held its benchmark interest rate steady at 27.50% for the second straight year in 2025. Ci

Following six rate hikes in 2024, Nigerias central bank has held its benchmark interest rate steady at 27.50% for the second straight year in 2025. Citing better foreign currency conditions and a slower rate of inflation, the Monetary Policy Committee MPC decided on stability. As Nigeria negotiates international trade obstacles, including U.S. export taxes, the choice strikes a compromise between price stability and economic recovery, according to Central Bank Governor Olayemi Cardoso. A 30% liquidity ratio and a 50% cash reserve ratio CRR are maintained for deposit money banks and 16% for merchant banks, respectively. The action conveys cautious optimism as decisionmakers evaluate the changing economic environment. Read More..

B2B Tech News | 1 months ago          

IMF’s Gita Gopinath Warns U.S. Debt Is Becoming Unsustainable Amid Fiscal Imbalances

The U.S. should reduce its fiscal deficit, IMF First Deputy Managing Director Gita Gopinath has said, pointing out that the nations debt load is incre

The U.S. should reduce its fiscal deficit, IMF First Deputy Managing Director Gita Gopinath has said, pointing out that the nations debt load is increasing unsustainably. She underlined that trade policy uncertainty is still high even though a U.S.UK economic agreement and lower tariffs on China are good developments. With tariffs and budget imbalances as reasons, the IMF has cut its growth prediction for the United States. Regarding longterm debt building, Gopinaths remarks coincide with President Donald Trumps proposal to extend tax cuts from his 2017 term. Citing the inability to turn significant annual deficits, Moodys recently lowered the U.S. sovereign credit rating. Read More..

B2B Tech News | 1 months ago          

South Korea Prepares Support Measures as U.S. Tariffs Hit Key Industries

Under President Donald Trumps trade policy, South Korea has promised to support measures for its car and biopharmaceutical industries, which are subje

Under President Donald Trumps trade policy, South Korea has promised to support measures for its car and biopharmaceutical industries, which are subject to U.S. tariffs. New aid packages are being prepared by the government, especially for pharmaceutical exports, which brought in $9.59 billion in 2024, of which 16% went to the United States. With the goal of completing a trade pact by July, South Korea is also discussing tariff exclusions. Affected by 25% U.S. levies, the car industry is getting liquidity support, while steel and chipmakers might get more help. In the face of uncertainties in international trade, the administration is maintaining export stability by striking a balance between diplomacy and economic resiliency. Read More..

B2B Tech News | 1 months ago          

Qatar’s QIA Doubles U.S. Investment Strategy, Targeting AI and Real Estate Expansion

After allocating $500 billion to the U.S. economy, Qatars sovereign wealth fund QIA intends to treble its yearly U.S. investments over the next ten ye

After allocating $500 billion to the U.S. economy, Qatars sovereign wealth fund QIA intends to treble its yearly U.S. investments over the next ten years. Investment levels may vary, with some years seeing more than double the prior pace, according to Mohammed Al Sowaidi, CEO of the fund. The expansion coincides with President Donald Trumps recent trip to Doha, where he inked $1.2 trillion in deals, including a $96 billion aircraft contract with Qatar Airways. QIA may be updating its fixed income strategy as it concentrates on data centres, real estate, and AI infrastructure. A move towards hightech investments and confidence in American markets are reflected in the funds expanding U.S. presence. Read More..

B2B Tech News | 1 months ago          

Google Unveils Beam, an AIPowered 3D Video Platform for Immersive Communication

Building on Project Starline, Google has introduced Beam, an AIpowered 3D video communication platform. With the use of volumetric AI models and light

Building on Project Starline, Google has introduced Beam, an AIpowered 3D video communication platform. With the use of volumetric AI models and light field displays for accurate depth perception, Beam transforms 2D video streams into captivating 3D experiences. The six camera arrays used by the technology allow for millimetreaccurate head tracking at 60 frames per second, guaranteeing natural eye contact. Beam provides enterprisegrade dependability and Google Meet compatibility with its integration with Google Cloud. For smooth international conversation, it offers realtime speech translation that maintains facial expressions and voice intonation. Earlier this year, Google and HP introduced the first Beam devices. Read More..

B2B Tech News | 1 months ago          

MediaTek Showcases AI Vision Strategy at Computex 2025, Expanding Hybrid Computing

By combining ondevice AI, 5G connectivity, and hybrid computing across several industries, MediaTek demonstrated their AI vision plan at Computex 2025

By combining ondevice AI, 5G connectivity, and hybrid computing across several industries, MediaTek demonstrated their AI vision plan at Computex 2025. By introducing the Dimensity Auto Cockpit CX1 chipset, the business improved incar infotainment by adding Dolby Vision HDR, AIdriven assistants, and support for 8K video. Codeveloping the GB10 Grace Blackwell Superchip, dubbed the worlds smallest AI supercomputer and able to execute 200 billion parameter AI models, strengthened MediaTeks partnership with Nvidia. It also showcased its Genio IoT platform, which supports AI applications for smart homes, retail, and industry. These developments strengthen MediaTeks position as a pioneer in AIpowered nextgeneration computing and demonstrate its dedication to cuttingedge technology. Read More..

B2B Tech News | 1 months ago          

Microsoft Adds xAI’s Grok 3 and Grok 3 Mini to Azure AI Foundry Marketplace

Microsofts Azure AI Foundry now includes Elon Musks xAI models, such as Grok 3 and Grok 3 Mini, thereby growing its AI marketplace. This action furthe

Microsofts Azure AI Foundry now includes Elon Musks xAI models, such as Grok 3 and Grok 3 Mini, thereby growing its AI marketplace. This action further solidifies Microsofts standing as an impartial supplier of AI infrastructure, housing models from DeepSeek, OpenAI, Meta, and now xAI. Azure users can now access more than 1,900 AI models thanks to the partnership, which facilitates multimodel AI integration for business applications. In his virtual attendance at Microsofts Build 2025 conference, Musk emphasised developerdriven input for the advancement of Grok AI. Microsofts $64 billion data centre investment and its AI expansion complement each other, guaranteeing scalability for nextgeneration AI applications. Read More..

B2B Tech News | 1 months ago          



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