English Section

28 octombrie,
The Chinese dragon has stumbled. Illustration by MAKE

The AI bubble has burst in China; shares of major technology companies have recorded massive declines

Sabin S. BrandiburuEnglish Section / 28 octombrie, 13:53

Shares of Chinese technology companies are experiencing a period of severe declines, at a time when international stock markets are showing increasing vulnerability. The high valuations of companies in the artificial intelligence sector, concerns about the evolution of demand and the prospect of new restrictions on Chinese exports have triggered a sharp correction, wiping hundreds of billions of dollars off the sector's market capitalization, Reuters reports.

PSD President Sorin Grindeanu has demanded that the Niculescu government assume responsibility - via a separate procedure for each -for two major reforms. The first is intended to redraw the local administrative map by merging small communities, while ensuring that services for the population are maintained. The second initiative aims to reduce the number of government agencies and lead to the reorganization or liquidation of state-owned enterprises that are accumulating losses or whose continued existence is no longer justified.

Administrative reform heats up political struggle

Gheorghe IorgoveanuEnglish Section / 28 octombrie

• At the heart of the administrative-territorial reform devised by the Niculescu government lie 429 small administrative units, nearly 2,000 financially vulnerable communes, and a political landscape that is difficult to alter 

Traditions, Superstitions, Law Enforcement, and Common Sense

Dan NicolaieEnglish Section / 28 octombrie

Dan Nicolaie

Any self-respecting nation possesses a set of traditions with roots planted deep in its ancestral soil. Many families have their own unique traditions. Even major corporations anchor the pillars of their development in such practices. It is clear that we share a special relationship with traditions.

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US Industries with the Largest Job Gains and Losses

US Industries with the Largest Job Gains and Losses

A.V.English Section / 26 octombrie

• The healthcare sector was the primary driver of job growth between September 2025 and September 2026 • Social assistance, professional and business services, and construction each added over 100,000 jobs • The number of public-sector employees...  

Job Cuts at Barclays

Job Cuts at Barclays

V.R.English Section / 23 octombrie

• Bank to shed 5,000 employees following the implementation of AI solutions • Approximately 60% of the layoffs affect operational and functional roles 

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