Breakingviews - This Week's Highlights: Disputes Over Finances

Trade Tensions: The U.S. and China are experiencing renewed trade tensions, with President Trump tightening sanctions and threatening tariffs, while China restricts rare earth exports, raising questions about the potential for a larger trade war.

Digital Currency Developments: The U.S. has introduced the GENIUS Act to regulate stablecoins, prompting banks and financial institutions to explore blockchain technology, while global regulators reassess their digital currency strategies in response to this shift.

Financial Institutions Embracing Technology: Traditional financial firms, including Swift, are adopting blockchain innovations, such as shared digital ledgers for tokenized payments, despite concerns about the vulnerabilities and regulatory challenges posed by the rise of stablecoins.

OpenAI's Business Model Challenges: OpenAI faces uncertainty regarding its business model as it invests heavily in complex language models, with the financial benefits of these investments remaining unclear amidst rising operational costs.