Former RBI Governor Raghuram Rajan has warned against high public debt. He says countries like the US are vulnerable to future crises. Rajan suggests reducing debt to create a buffer. He spoke at the Bancor prize award ceremony in Rome. He also advocated for reforming global institutions and increasing trade.
Microsoft CEO Satya Nadella is opening a company conference in Chicago with remarks that could set the stage for where its taking its artificial intelligence business.