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2026-10-13T05:31:24.000Z

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South Korean stocks fall 7% over AI concerns

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4 Hrs2026-10-13T09:52:00.000Z
South Korean stocks fall 7% over AI concerns

Novak: Diesel exports to surpass 3 million tons monthly by 2026

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14 Hrs2026-10-12T23:24:00.000Z
Novak: Diesel exports to surpass 3 million tons monthly by 2026

Dubai Green Summit Plans Climate Funding

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19 Hrs2026-10-12T18:59:00.000Z
Dubai Green Summit Plans Climate Funding

Muscat Securities Market's upgrade needs

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21 Hrs2026-10-12T16:22:00.000Z
Muscat Securities Market's upgrade needs

Europe caps China's hybrid car exports

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22 Hrs2026-10-12T15:35:00.000Z
Europe caps China's hybrid car exports
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Gorgojeva Warns AI as Slow Tsunami Threat

Gorgojeva Warns AI as Slow Tsunami Threat

International Monetary Fund Managing Director Kristalina Georgieva warned that artificial intelligence poses a slow-moving but significant threat to the labor market and tax system. She emphasized that technology reduces demand for human labor, especially in routine tasks, and increases low-wage jobs in sectors like construction, negatively impacting government revenues and shifting the economy toward capital. She stressed the need to revisit educational policies and to act now to help communities adapt to these long-term challenges.

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