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16:01
New forecasts indicate: Toyota's sales in the United States are gradually approaching General Motors.
Cox Automotive Chief Economist and Senior Director of Industry Insights, Charlie Chesbrough, stated at a media event: "Given the current sales pace and the trends we've observed, by the end of the year, General Motors may be concerned, as Toyota is very likely to surpass them in the US market and become the top-selling car manufacturer." He has not yet predicted that Toyota will overtake General Motors, but he pointed out that the current trend is "worrisome for General Motors."
16:00
Japan plans to invest 370 trillion yen over the next 14 years, focusing on AI and semiconductors.
Japan plans to invest 370 trillion yen (2.3 trillion US dollars) over the 14 years ending in March 2041 in areas including artificial intelligence, semiconductors, defense, space, and shipbuilding. Among these, spending on artificial intelligence and chips will amount to 101.6 trillion yen. The plan anticipates that by fiscal year 2040, semiconductor investment will generate an economic boost of 443 trillion yen, while investments in physical artificial intelligence and vertical artificial intelligence will generate economic spillover effects of 144 trillion yen and 222 trillion yen respectively.
15:51
Trump: Refuses to Sign the 21st Century Housing Act Containing a CBDC Ban
According to Decrypt, US President Trump canceled the signing of the 21st Century Housing Act on June 24. This legislation included a provision to extend the ban on CBDC issuance until the end of 2030. Trump stated that unless Congress passes the SAVE America Act, he refuses to sign the bill, calling it irrelevant.
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