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Trump orders layoffs, office closures, use of artificial intelligence to improve government efficiency

According to foreign media, under a new directive, US President Donald Trump's administration will direct agencies to cut jobs, close offices and use artificial intelligence to improve government efficiency. A memo released by the Office of Management and Budget (OMB) on Monday outlines these priorities, indicating that Trump plans to advance the work initiated by Musk's Department of Government Effectiveness. Many of the goals are not new. But by including these goals in the General...

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2025-12-08 21:26:20
The Federal Reserve could cut interest rates again when inflation is as high as 3 per cent, breaking decades of policy consensus. Experts are calling for the abandonment of rigid targets to increase policy flexibility. Click to view...

The Federal Reserve could cut interest rates again when inflation is as high as 3 per cent, breaking decades of policy consensus. Experts are calling for the abandonment of rigid targets to increase policy flexibility. Click to view...

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2025-09-10 08:17:11
The Central Office and the State Office issued the "Opinions on Further Guaranteeing and Improving People's Livelihoods and Focusing on Solving the Difficulties and Expectations of the People".

The Central Office and the State Office issued the "Opinions on Further Guaranteeing and Improving People's Livelihoods and Focusing on Solving the Difficulties and Expectations of the People".

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2025-06-09 09:01:58
Tesla responded to "cooperating with Baidu to improve smart driving": not true

On March 14, Tesla said that the cooperation between Tesla and Baidu is limited to the map navigation level, and the online information "Tesla cooperates with Baidu to improve the performance of its intelligent assisted driving system in the Chinese market" is not true. It was previously reported that Tesla is in deep cooperation with Baidu to solve the problem of acclimatization of its fully autonomous driving technology FSD in China with the help of Baidu's leading map technology.

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2025-03-14 04:47:19
The euro rose to its highest level against the dollar since December as Europe plans to sharply increase defense spending, and analysts withdrew expectations that the pair would fall to parity this year. Click to view...

The euro rose to its highest level against the dollar since December as Europe plans to sharply increase defense spending, and analysts withdrew expectations that the pair would fall to parity this year. Click to view...

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2025-03-04 14:05:20
The CPC Central Committee and the State Council: Strengthen the protection and quality improvement of cultivated land, and resolutely curb illegal activities that destroy cultivated land

On February 23rd, the "Opinions of the Central Committee of the Communist Party of China and the State Council on Further Deepening Rural Reform and Solidly Promoting the Comprehensive Revitalization of Rural Areas" proposed to strengthen the protection and quality improvement of cultivated land. Strictly control the total amount of cultivated land and "make up for it", and bring all kinds of cultivated land occupation into the unified management of the balance of occupation and compensation to ...

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2025-02-23 09:49:34
1. Central Bank: Improve real estate financial management to help the real estate market stop falling and stabilize. 2. Soil auctions continue to heat up, and many places in Shanghai and Hangzhou...

1. The central bank: improve real estate financial management, help the real estate market to stop falling and stabilize. 2. Land auctions continue to heat up, and many land parcels in Shanghai and Hangzhou are traded at a premium. 3. First-tier cities take the lead in heating up, and the property market "Xiaoyangchun" market is ready to go. 4. From January to December 2024, new construction will start to renovate 58,000 old urban communities across the country. 5. The heat of land auctions in c...

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2025-02-21 07:55:27
The General Office of the Ministry of Commerce and other 6 departments: Do a good job in the "renewal" of home improvement kitchens and bathrooms in 2025

On January 27th, the general offices of the Ministry of Commerce and other six departments issued a notice on doing a good job in the "renewal" of home improvement kitchens and bathrooms in 2025. The notice proposes that all localities should focus on green, intelligent, and suitable for the elderly. The subsidy categories are mainly five categories of decoration materials, sanitary ware, furniture lighting, smart home, and home senior-friendly transformation products. The specific categories wi...

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2025-01-27 09:52:14
Elon Musk: The Department of Government Efficiency (DOGE) will significantly increase government efficiency, save taxes, and contain inflation

Musk said on social media that the Department of Government Effectiveness (DOGE) will significantly increase government efficiency, save taxes and end rampant inflation.

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2025-01-21 03:35:06
Arbitra DAO launches BoLD protocol voting, plans to upgrade mainnet security mechanism in February

According to The Block, the Arbitrum DAO has initiated an Improvement Proposal (AIP) vote to upgrade the Arbitrum One and Nova chains to the Bounded Liquidity Delay (BoLD) protocol. The protocol has been running on the testnet since April 2024, and if the proposal is approved, it will be implemented on both mainnet chains in February 2025. The BoLD protocol is designed to enhance the security of Arbitrum withdrawals to the Ethereum mainnet, introducing a fixed time window (approximately 13 days ...

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2025-01-10 05:49:49
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