Economy

OpenAI’s Bold Shift to AMD: Redefining the Future of AI Hardware Power

SMGN October 6, 2025

A Turning Point in the Global AI Hardware Race The artificial intelligence industry is entering a new phase of transformation. OpenAI, one of the most influential leaders in AI innovation, has announced a major expansion of its computing infrastructure powered by AMD chips. This decision challenges Nvidia’s long-standing dominance in

AI and the New Global Connectivity: How Artificial Intelligence Is Rebuilding the World’s Shared Future

SMGN October 5, 2025

Artificial Intelligence (AI) is quietly transforming how the world interacts, collaborates, and solves its greatest challenges. Decades after the dream of globalisation promised open markets and international cooperation, nations now find themselves fragmented by economic nationalism and digital protectionism. Yet, in the background, an unexpected unifier is emerging. AI —

Javier Cárdenas Moreno Concludes His Participation in the La Toja Forum with a Meeting with Amancio López

SMGN October 4, 2025

Third day highlights collaboration among business leaders in Galicia The third and final day of the La Toja – Atlantic Link Forum happened on October 4 on Illa da Toxa, Galicia. It marked the conclusion of three days of dialogue. Political, business, and academic leaders participated. Among the attendees was

Airlines Confront Global Pilot Shortage With Higher Pay and Aggressive Recruitment

SMGN October 3, 2025

The aviation industry is facing one of its most pressing challenges in decades: a global pilot shortage that threatens to disrupt the recovery of air travel just as demand is soaring. After years of reduced training pipelines during the COVID-19 pandemic and a wave of unexpected retirements among experienced pilots,

EV Sales Surge in the U.S. as Federal Tax Credit Deadline Approaches

SMGN October 2, 2025

Why EV Sales Exploded Before the Deadline The U.S. electric vehicle market has experienced an extraordinary surge. Buyers rushed to secure federal tax credits of up to $7,500 for new EVs and $4,000 for used EVs before their expiration on September 30. This last-minute demand created record-breaking sales figures. Some

Government Shutdown Impact on Stocks and Safe Haven Assets

SMGN October 1, 2025

How Wall Street Responds to Political Gridlock The recent U.S. government shutdown has raised concerns about its effects on financial markets. However, historically Wall Street has often absorbed these shocks with limited long-term damage. The S&P 500, Dow Jones Industrial Average, and Nasdaq have shown mixed performance. Temporary volatility is

Spotify Leadership Transition Marks a New Chapter in Music Streaming

SMGN September 30, 2025

A Strategic Shift in Leadership for Spotify’s Future Spotify, the global leader in music streaming, is entering a new era as its founding chief executive transitions into a broader strategic role. With more than 700 million users worldwide, the company has evolved from a small Swedish startup into a multimedia

Chinese Electric Cars Reshape Global Markets Amid Intense Price Competition

SMGN September 29, 2025

The Rapid Expansion of China’s EV Industry China’s electric vehicle industry has grown from a niche sector into the largest EV market in the world within just two decades. With strong government support through subsidies, tax incentives, and large-scale infrastructure projects, the country now produces more EVs than any other

Javier Cárdenas Moreno and Prince Félix of Luxembourg Promote Economic Dialogue in New York

SMGN September 28, 2025

International event highlights business and social cooperation Javier Cárdenas Moreno, CEO of Rhino Equipment, met with Prince Félix of Luxembourg during an international event at the Harvard Club of New York, where business leaders and European royalty discussed opportunities for collaboration between the private sector and multilateral institutions. Strengthening ties

Javier Cárdenas Moreno Takes Part in UN Event in New York Alongside Leaders from Uruguay and Peru

SMGN September 27, 2025

Meeting with Yamandú Orsi and Dina Boluarte highlights cooperation between public and private sectors At the high-level United Nations event held in New York in 2025, Javier Cárdenas Moreno, CEO of Rhino Equipment, actively participated in discussions on international cooperation, where he met with Yamandú Orsi, President of Uruguay, and

Expert Tips to Navigate Flight Delays and Cancellations During Crisis

SMGN November 6, 2025

Widespread flight delays and cancellations are impacting major airports nationwide as the government shutdown, now the longest in history, continues to drag on. Air traffic controller shortages have caused issues at numerous airports for more than a month, creating ripple effects across the entire travel network. In response to the

Trump says government shutdown pressures Republicans and suggests ending the filibuster

SMGN November 6, 2025

Former president reflects on election results after record-long shutdown During a meeting with Republican senators, former President Donald Trump said the prolonged federal government shutdown negatively affected recent election results for his party. Trump stated that pollsters identified the shutdown as a major factor influencing voter sentiment against Republicans. “If

U.S. Government Revises SNAP Benefit Cuts, but Millions Still Face Major Reductions

SMGN November 6, 2025

USDA Adjusts Reduction Formula Amid Ongoing Legal and Technical Challenges The U.S. government has revised its plan for the Supplemental Nutrition Assistance Program (SNAP), announcing a smaller reduction in monthly food benefits. According to updated guidance from the Department of Agriculture (USDA), maximum allotments will now be cut by 35%