IlluMyFi

Rolling coverage of the latest economic and financial news

Gold has rallied by over 20% so far this year, as investors have piled into bullion.

Back at the start of January, it traded at around $2,060 per ounce, before climbing to its alltime high over $2,500.

The situation in the Israel-Iran-Hamas conflict remains fluid with Iran still expected to make a show of force in response to the recent assassination of Hamas’ political leader. Negotiations for a ceasefire have come to a standstill once again as the US Secretary of State Antony Blinken is visiting the region.

In the meantime, Ukraine’s attempt to reverse the fate of the Russian-Ukraine conflict by mounting an offensive in Russian territories is gathering momentum. However, the possible direct involvement of Belarus and the increased chances of an asymmetric response from the Russian side could potentially scare investors going forward.

Sentiment

-0.37

Bearish/Bullish

21.12.24 08:33

by theguardian.com

OpenAI whistleblower who died was being considered as witness against company

Suchir Balaji, listed in court filing as having ‘relevant documents’ about copyright violation, died on 26 November

Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials. He was 26.

Balaji worked at OpenAI for nearly four years before quitting in August. He had been well-regarded by colleagues at the San Francisco company, where a co-founder this week called him one of OpenAI’s strongest contributors who was essential to developing some of its products.

United States of America