Indonesian stocks slide to six-year low as MSCI warning weighs - Reuters

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• AI's ability to forecast extreme weather faces a major test in the coming months amid a historic El Niño, as some scientists question the technology's accuracy (Financial Times)

  The ability of artificial intelligence to forecast extreme weather is facing a significant test in the coming months due to a historic El Niño event. This raises concerns about the reliability of AI in predicting severe weather conditions, which could have far-reaching implications for public safety and infrastructure planning.

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• Survey of 94 economists: 54% expect AI's gains to spread across the G20 over the next decade, not just the US and China; 32 see African countries falling behind (Financial Times)

  ### Briefing A survey of 94 economists predicts that artificial intelligence (AI) will have a significant impact across the G20 nations over the next decade, not just the United States and China. Fifty-four percent of the economists expect AI's benefits to reach the G20 countries, including the European Union, India, and Brazil, among others. However, a third of the economists, 32 percent, see African countries falling behind in AI development, indicating a potential widening of the global technological gap.

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• Sugar stocks tumble: Bajaj Hindusthan, Renuka Sugars plunge up to 5%; here's why

  The government's decision to halt sugar-based ethanol supplies for the 2026-27 fiscal year has led to a significant decline in sugar stocks, with Bajaj Hindusthan, Renuka Sugars, and other major sugar producers experiencing losses of up to 5%. This move aims to reduce margins for sugar mills and align with the government's goal of reducing the diversion of sugar for ethanol production.

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