Bridgewater Associates founder Ray Dalio said the US is losing credibility as a global power willing to fight to defend its interests while China accumulates wealth and influence, fundamentally reshaping how the rest of the world views the two nations.
Ray Dalio, billionaire and founder of Bridgewater Associates LP, during an interview at the World Economic Forum (WEF) in Davos, Switzerland, on Wednesday, Jan. 22, 2025. The annual Davos gathering of political leaders, top executives and celebrities runs from January 20 to 24. Photographer: Chris Ratcliffe/Bloomberg
China damaged its claim of becoming a major global player by failing to offer effective diplomatic support for Iran and staying silent when the US intervened in Venezuela, according to veteran American diplomat Nicholas Burns.
Nicholas Burns, US ambassador to China, following a Bloomberg Television interview in Beijing, China, on Thursday, March 14, 2024. The top American diplomat in China hit out at Beijing’s objection to a potential ban on TikTok in the US, in sharp comments that underscore persistent tensions between the countries despite a recent improvement in ties.
Elon Musk is drawing on his past playbook with SpaceX taking over xAI ahead of the orbital launch company’s initial public offering, positioning the combined business for a burst of growth, according to a SpaceX investor.
US billionaire businessman and pilot Jared Isaacman flies in formation aboard a fighter jet over the SpaceX sign, close to the Starship spacecraft, before his third test flight from Starbase in Boca Chica, Texas, on March 13, 2024. Photographer: Chandan Khanna/AFP/Getty Images
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