The demand for power from data centers is expected to triple by the year 2030. As artificial intelligence continues to scale up at a rapid pace, there will be a significant increase in energy consumption from these facilities. According to a report from Mizuho Securities, data centers will require 400 terawatt hours, or 50 gigawatts
Private jet flights have experienced a noticeable decline of 15% in the first half of the year from their peak in 2022. This decline comes as the industry grapples with reduced demand and a shifting landscape for high-end travel. Despite a temporary increase in private jet flights during the Summer Olympics, with a record 713
China’s financial risks have decreased, according to Pan Gongsheng, the Governor of the People’s Bank of China. In an interview with state media, Pan mentioned that the overall risk level has significantly declined and highlighted the reduction in the number and debt levels of local government financing platforms. These platforms were initially created to enable