The power company said that Nigeria suffered a nationwide power outage due to power grid failure.Fitch: The progress of inflation decline seems to have ended. Brian Coulton, chief economist of Fitch, said that the decline of core commodity prices (the main force of inflation decline this year) seems to have ended. With the increase of automobile prices, the core commodity prices rose by 0.3% month-on-month. Service inflation is declining, but the rate of decline is very slow, because rent inflation is stubborn, and the service inflation is 4.6%, which is still far higher than the pre-epidemic level.Russian President Vladimir Putin: Russia must become the leader of artificial intelligence technology in the world.
Russian President Vladimir Putin: External sanctions are pushing Russia to develop artificial intelligence solutions.Market news: EU ambassadors have temporarily agreed to impose the 15th round of sanctions on Russia.Goldman Sachs raised the target price of several hotel chain stocks. Goldman Sachs raised the target price of Hilton Hotel from $247 to $277, Hyatt Hotels Group from $151 to $167, and Marriott from $280 to $314.
Market news: Russia may use new medium-range ballistic missiles to Ukraine.Bank of Canada: The sharp interest rate cut is aimed at supporting economic growth and keeping CPI at a level close to 2%.Russian President Vladimir Putin: His AI technology is crucial to Russia's sovereignty.