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Fitch affirms France's sovereign rating at "A+"; outlook stable.

2026-08-29

Fitch affirms France's sovereign rating at "A+"; outlook stable.

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2026-08-29

Iranian President Peskov stated, "We mentioned in government meetings that we promised to increase subsidies based on the rate of currency appreciation, but we failed to deliver. We feel ashamed towards the people for this, and the reason is clear: t

Iranian President Peskov stated, "We mentioned in government meetings that we promised to increase subsidies based on the rate of currency appreciation, but we failed to deliver. We feel ashamed towards the people for this, and the reason is clear: the national balance of payments is unbalanced. We must control demand. When we cannot export goods, we have no foreign exchange earnings. In this situation, if demand is not controlled, insufficient foreign exchange supply coupled with strong demand will cause the exchange rate to rise continuously, ultimately leading to demand-driven pricing. We have already curbed demand to some extent, but there is still a significant gap between supply and demand. Part of the reason is also political factors—the exchange rate immediately rose when the US announced it would tighten its blockade; and then it fell back when Oman sent representatives to negotiate. Raising oil prices rashly would create difficulties for the people. We shouldn't supply (fuel) at the current price, but people have become accustomed to this level, and we shouldn't disrupt their lives."
2026-08-29

China’s first vehicle-mounted mobile token compute factory was unveiled, using domestically produced computation and energy-management systems to flexibly match AI compute demand and trial a compute‑and‑power coordination model aimed at increasing re

China’s first vehicle-mounted mobile token compute factory was unveiled, using domestically produced computation and energy-management systems to flexibly match AI compute demand and trial a compute‑and‑power coordination model aimed at increasing renewable offtake and cutting compute operating costs. The system is housed in a standardized 40‑foot container with all‑electric compute and cooling, integrated storage-compute-network design and electric tractor compatibility. It supports deployment of nine server racks, features an integrated power-and-communications quick‑connect interface and can network multiple units into a mobile compute cluster, commissioning on site in 6–8 hours. When renewable generation produces low‑price power, the units can relocate to substations near generation to increase renewable consumption and lower operating costs; developers estimate mobile access can cut overall costs by about 25%, enabling lower‑cost token services for downstream applications.
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