Singapore's Graduate Industry Traineeships (GRIT) offer low pay (S$1,800-S$2,400/month) for graduates to gain experience, with one participant earning half the median graduate salary. This initiative aims to address a struggling graduate job market impacted by AI, hiring slowdowns, and global economic effects.
China's private jet market is stabilizing after a significant decrease in aircraft ownership since Covid-19. An aviation services firm suggests that most cash-strapped owners have sold their assets, with demand shifting across industries like tech and automotive, while real estate has pulled back.
Cuba's President Miguel Díaz-Canel announced a broad package of economic reforms affecting tourism, foreign trade, investment, and the private sector. The measures aim to liberalize the economy, re-open tourism to new players, reform state import companies, and reduce ministries, while acknowledging US economic pressure and calling for unity.
Ivan Tavrin, founder of Kismet Capital Group, stated at the St. Petersburg International Economic Forum that non-state pension funds should be allowed to invest a small percentage of their reserves directly into private businesses. He believes this would create significant additional returns for future pensioners, moving beyond traditional low-risk investments like government bonds.
MI5 warns Chinese spies are using job websites like LinkedIn to recruit UK government and military staff for sensitive information, posing as recruiters for fake jobs.
Critics argue Donald Trump's second term has seen a blurring of lines between public office and private business, with numerous deals benefiting him and allies. Revelations about a proposed compensation fund and family business dealings have sparked controversy, despite White House denials of conflicts of interest.
