What recession? Be prepared to be surprised!

🚀✨ Hey Students! 🌟 Welcome to the Coolest Corner of Your Inbox!

Buckle up for a wild ride because we're about to dive into a newsletter that's juicier than your favourite snacks! 🍕🎉 We've got the scoop that'll make your classmates jealous they're not on this epic adventure with us.

Let's embark on a 3-minute journey of knowledge and all-around awesomeness! 🚀📚✨

Consumers Take Center Stage in a 3.3% Growth Spectacle!

The U.S. economy just pulled off some unexpected moves, growing by a speedy 3.3% at the end of 2023! 🚀 Turns out, Americans are flexing their spending muscles, throwing cash around like confetti, even with interest rates and prices playing hard to get. 💸🤷

Consumers make up a whopping 70% of the U.S. economy, and they're the ones revving up that growth engine. From trendy clothes to snazzy furniture, they're on a shopping spree! Inflation is chilling out a bit—consumer prices only rose by 1.7%, down from 2.6% last quarter. That's good news for our wallets! 💰

White House Signals Epic Team-Up with China on AI: The Ultimate Tech Collaboration!

Yep, you heard it right – the tech rivals are setting aside their differences to make artificial intelligence safer and more awesome than ever! The US and China are setting aside their differences to jam together on this groundbreaking collaboration. Even with trade tensions on the rise, they're joining forces to make AI safer and explore its superpowers.

In a world where AI is the rockstar, the US and China are putting on a united front. Trade tensions, be gone! They're locking arms to explore the untamed potential of AI. Guess what? The global AI party is getting wild!

Prabhakar, the genius behind the White House Office of Science and Technology Policy spilled the digital tea, saying, "We want to have a technology base that is safe and effective." Who said tech can't bring people together?

And here's the scoop: US AI companies and Chinese tech wizards had secret meetings to chat about the risks of this cutting-edge tech. With AI advancing at warp speed, there's a global understanding that we need better tools to evaluate its safety.

Now, the US and China might not agree on everything, but when it comes to the global stage of AI safety and standards, they're ready to bust some moves together.

Asia Genesis Asset Management: Closing the Curtains

Singapore's Asia Genesis Asset Management is closing the curtains on its macro fund after facing a wild rollercoaster ride in the stock market drama. 🎢According to a letter sent to investors, the fund, experienced an 18.8% drawdown in the first weeks of January – that's a big hit! 💥💸 

Chua, the fund's chief investment officer, spilled the beans, revealing losses on their long Hong Kong and China equities positions and short Nikkei bets. 🇭🇰🇨🇳📉 Chua admitted to making a 'big mistake' in trying to predict the bottom of Hong Kong indexes.

Clean Energy Extravaganza: 61K Jobs!

Since the Inflation Reduction Act (IRA) came to life in the US, it has been working wonders. Since then, 274 clean energy projects have been announced in 41 states, thanks to a jaw-dropping $500 billion in federal spending. It's like the government's throwing a money party to fight climate change!

And the best part? These projects aren't just for show – they're job-creating machines, churning out 61,000 new jobs in the electric vehicle and manufacturing scenes. The clean energy revolution is the ultimate economic rave.🚀💡🎉

Japan's Labor Revolution: Robots, Drones, and Avatars to the Rescue!

With 500 days to go before the spring 2025 opening of the Osaka World Expo, A multi-billion-dollar global showcase is going to be unveiled. Japan is throwing the coolest tech party to combat a major worker shortage, and it's shaking up everything from construction to chocolate deliveries!

Here are some of the innovations they will showcase:

Trucking: 🚚 Snack deliveries are switching to trains because there's a shortage of truck drivers. It's like snacks on a tech-powered express ride! 🍫🚂

Farming 🌾: Picture a solar-powered robot duck, Raicho 1, rocking the rice paddies, scaring off boars, and doing the harvest hustle. It's like farming, but with a cool tech twist! 🦆🌾

Retail: 🛒: Avatars are greeting customers in stores, and they're on a mission to have 100,000 avatar operators across Japan by 2030. It's like having animated friends running the retail show! 👋🤖

It's Japan's labor revolution, and the future looks crazy cool with robots, avatars, and tech wonders! 🚀🤖✨

Highlights you missed at the WEF:

Argentina's new president, Javier Milei, dissed Davos's "socialist agenda." Even Elon Musk gave it a thumbs-up. 😎

AI Alert! Marc Benioff's Warning: Salesforce's Marc Benioff warned about an "AI Hiroshima." Yep, even tech leaders worry about sci-fi disasters. 🤖💥

OpenAI's Sam Altman spilled the tea: Future AI will tailor answers based on your vibes. Future versions of AI will give different answers to different people based on where they live and their opinions. Talk about personalized service! 🌐🤯

Coca-Cola's Chill Vibe: James Quincey, Coca-Cola's boss, shrugged off Ozempic drama, he isn’t worried about the emergence of weight loss drugs like Ozempic and Wegovy.”No worries, Coke's got a beverage for every mood! 🥤🔥

Join Us EVERY Friday at 11am, grab your popcorn, and stay curious as there are many more juicy stories to come

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