Economy

The AI ​​race
X AI challenges with new agent – ​​to compete with Claude

Elon Musk's AI company X AI is now launching its first coding AI agent in an attempt to take on rivals such as Anthropic, according to Bloomberg.

The agent, named Grok Build, is still in the early testing phase and is only available to paying users. It should be able to perform more advanced programming tasks by following the user's instructions, similar to Claude Code, for example.

The venture is a step into the rapidly growing market for AI tools for coding – an area where

Trump's business
Sources: Trump drops case against the IRS in exchange for unique billion-dollar fund

Donald Trump is expected to drop his $10 billion lawsuit and other legal cases against the US Internal Revenue Service. This in exchange for a $1.7 billion fund being created with the purpose of compensating people who claim to have suffered harm during the Biden administration, sources told ABCNews.

Money is expected to go to, among other things, the 1,600 people charged with the Capitol storming and other allies of Trump. The five-person commission that will be responsible for the fund, and which Trump himself will appoint, is said to have full power to distribute the money with minimal transparency.

Such a fund is expected to face significant legal opposition and several government representatives are also said to have raised the ethical problems with the arrangement. Never before has tax money been used in such a way, with such little transparency, according to ABC.

The fund is expected to be announced within a few days and until then, details can still change, the sources say.

Musk himself has said that X AI is lagging behind its competitors, the news agency writes. 

Russian invasion Economic effects
The price of “fish and chips” has doubled since 2019

The price of the unofficial British national dish “fish and chips” has doubled in the UK since 2019, writes The Independent. The price increase has recently been driven by the wars in Ukraine and Iran.

Today the average price is 11.17 pounds. In 2019 it was 6.48.

Now sellers have started to replace the traditional cod or haddock with the cheaper alternative pollock.

– The traditional fish and chip restaurant will disappear, unless we diversify and try new things, says Andrew Arnold, who sells fish in Pocklington outside York.

Middle East Crisis Economic Impact
Airlines pressured by higher fuel costs – raising prices

Airlines around the world are now raising ticket prices and cutting traffic after jet fuel prices surged, Reuters reports. The cost has risen from around $85-90 to $150-200 per barrel since the war between the US and Iran broke out.

The news agency writes that fuel accounts for up to a quarter of airlines' costs, and several companies are now warning of poor results. Air France-KLM, for example, has lowered its forecast and is raising prices, while Lufthansa is expecting billions in additional costs. Several companies are also cutting capacity or canceling flights. Low-cost carriers such as Ryanair and Easyjet are also warning of squeezed margins.