This is a link post.
Executive summary
Moody's downgraded the US credit rating as the US budget deficit grows and US borrowing costs rise. House Republicans are advancing a budget that would increase the deficit further. Meanwhile, China is reducing its holdings of US Treasuries and its dependencies on foreign components in its supply chains as it seeks to de-risk its economy from the US and the West.
Google announced a new coding agent, AlphaEvolve, that has creative problem-solving abilities. Gulf states agreed to more than $1T in US investments and joint enterprises during a visit by Trump to the Middle East, including joint AI ventures. Forecasters estimated a 28% chance (range, 25-30%) that the US will pass a 10-year ban on states regulating AI by the end of 2025.
Negotiations between the US and Iran continue. Iran has signaled willingness to limit uranium enrichment and allow inspections in exchange [...]
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First published:
May 19th, 2025
Source:
https://forum.effectivealtruism.org/posts/BZ8WQBxNZRSBsWgLL/us-credit-rating-downgraded-usd1t-in-gulf-state-investments
Linkpost URL:
https://blog.sentinel-team.org/p/global-risks-weekly-roundup-202025-df7
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