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Leading US AI labs are releasing cheaper models to compete with cut-price alternatives from Chinese rivals. Venezuela’s government and opposition unite to demand $4bn in gold reserves back from the Bank of England. A flood of foreign currency bond issuance by Big Tech groups is s ...  Show more

Anthropic investors expect the AI start-up to be the largest ever initial public offering, and US inflation edged lower to 3.4 per cent in July as petrol prices declined. Plus, Iranian businesses are increasingly resorting to “buy now, pay later” schemes as the cost of living spi ...  Show more

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Emmanuel Macron gave his outgoing prime minister, Sebastien Lecornu, 48 hours to negotiate with France’s political parties in a last-ditch effort to prevent the country from fall ...  Show more

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) French Prime Minister Francois Bayrou proposed scrapping two national holidays, part of a drastic effort to repair public finances that’s set to unleash a parliamentary backlash in the fal ...  Show more

Straight from the European Council summit, we bring you the latest news and analysis on a range of tough issues on the leaders' agenda. Host Sarah Wheaton is joined by POLITICO colleagues Barbara Moens and Aitor Hernández-Morales to discuss how EU leaders agreed on who they want ...  Show more

Coming to you from this week’s European Council summit in Brussels, competitiveness and the economy are high on the agenda, alongside a historic EU agreement for joint arms procurement. We also discuss French President Emanuel Macron’s plummeting popularity ratings at home, and F ...  Show more