WELCOME TO OUR

WEEKLY NEWSLETTER

we're so glad you're here!

What you’ll read?

BUSINESS NEWS

1. Asian Stocks Decline Amid Growth and Tariff Concerns

2. European Nations Plan Increased Defense Spending Amid U.S. Trade Tensions

3. U.S. Dollar Strengthens Following Federal Reserve's Steady Rate Decision

4. OECD Reports Softening Global Growth Prospects

5. U.S. Trade Policies Lead to Market Volatility

TECHNOLOGY NEWS

1. Nvidia's Blackwell Ultra Chips Unveiled

2. AI-Powered Traffic Enforcement in the UK

OTHER NEWS

1. NASA's SpaceX Crew-10 Mission Successfully Docks with ISS

2. Cheltenham Festival 2025: Prestbury Cup Standings

BUSINESS

1. Asian Stocks Decline Amid Growth and Tariff Concerns

Asian stock markets fell on Friday, ending the week on a downbeat note due to heightened geopolitical worries and concerns over impending U.S. tariffs. These factors diminished investor risk appetite and kept safe-haven gold near record highs. The Hang Seng index in Hong Kong dropped over 2%, while Japan's Nikkei saw a modest rise. Investors are anticipating more details on the upcoming U.S. tariffs and their potential impact. ​ 

2. European Nations Plan Increased Defense Spending Amid U.S. Trade Tensions

European countries are formulating plans to replace the U.S. within NATO if necessary, by significantly increasing their military investments over the next five to ten years. This move comes as the U.S. administration under President Trump threatens to impose tariffs on European imports, leading to heightened economic and political uncertainties. ​ 

3. U.S. Dollar Strengthens Following Federal Reserve's Steady Rate Decision

The U.S. dollar strengthened against major currencies after the Federal Reserve indicated no immediate plans to cut interest rates. The dollar index rose 0.36% to 103.81. This development comes amid concerns over the potential economic impacts of U.S. President Donald Trump's aggressive global trade tariffs. ​ 

4. OECD Reports Softening Global Growth Prospects

The OECD's March 2025 Economic Outlook indicates that while global economic growth remained resilient in 2024, recent indicators suggest softening growth prospects. This is attributed to increased economic policy uncertainty and the imposition of new trade barriers by several countries. Global growth is expected to moderate over the coming two years, with inflation remaining above target in many economies. ​ 

5. U.S. Trade Policies Lead to Market Volatility

The U.S. administration's recent announcements of tariffs on imports from Canada, Mexico, and the European Union have led to significant declines in U.S. stock markets. The S&P 500 index fell by 1.8%, while the Nasdaq-100 index dropped by 2.6%. Investors are concerned that these tariffs could create inflation by increasing manufacturing costs and consumer prices, leading to market volatility. ​ 

Please note that global economic conditions are continually evolving. For the most current information, it's advisable to consult official financial institutions and authoritative news sources.

Here’s Why Over 4 Million Professionals Read Morning Brew

• Business news explained in plain English

• Straight facts, zero fluff, & plenty of puns

• 100% free

See for yourself

TECH

AI-Powered Traffic Enforcement in the UK

The UK has implemented AI-powered cameras to enhance traffic law enforcement. These cameras not only monitor speeding but also detect mobile phone use and seatbelt violations. Since their pilot launch in 2021, they have identified over 2,300 offenders and contributed to a 14% increase in speeding fines over three years, with 3.3 million fines issued last year. While some view this technology as a privacy intrusion, others acknowledge its potential to improve road safety. ​

Nvidia's Blackwell Ultra Chips Unveiled

At the GTC 2025 conference, Nvidia CEO Jensen Huang introduced the Blackwell Ultra computer chips, designed to meet the increasing demand for advanced AI computational power. Huang noted that the need for computational capability has surged 100-fold due to advancements in agentic AI and reasoning models. Despite the optimistic presentation, Nvidia's stock experienced a decline, reflecting investor concerns over the necessity of these chips for AI development. Huang also announced plans for the future release of the Vera Rubin chips, expected to offer even faster processing speeds by late 2026.  

Please note that technological advancements are continually evolving. For the most current information, it's advisable to consult official news sources.

Other

1. NASA's SpaceX Crew-10 Mission Successfully Docks with ISS

NASA's SpaceX Crew-10 mission launched on March 14, 2025, at 7:03 p.m. EDT from Kennedy Space Center, Florida, carrying NASA astronauts Anne McClain and Nichole Ayers, JAXA astronaut Takuya Onishi, and Roscosmos cosmonaut Kirill Peskov. The crew successfully docked with the International Space Station (ISS) on March 16, 2025. They are scheduled for a six-month stay aboard the ISS, during which they will conduct various experiments and maintenance tasks. ​ 

2. Cheltenham Festival 2025: Prestbury Cup Standings

The Cheltenham Festival 2025 is underway, featuring the annual Prestbury Cup—a competition between British and Irish trainers across 28 races. As of Champion Day on March 11, 2025, the standings are as follows:​

• Great Britain: 3 wins​

• Ireland: 4 wins​ 

The competition continues, with both nations striving to secure the coveted trophy

It's a Wrap!

Thank you for joining us in this journey through the latest updates and insights. Your engagement and support mean the world to us. We hope you found this newsletter both informative and inspiring. Stay tuned for more exciting news and stories in our next edition.

P.S. Don't forget to share this newsletter to your friends & colleagues for real-time updates and exclusive content. We love hearing from you, so feel free to reach out with your thoughts and feedback!

Warm regards,
Garry