Sunday☕️

Time Is Money

May 21, 2023 • 5 min read

Trending:

G7 Summit
SpaceX

Week Recap:

The Central Bank of Argentina raised interest rates by 600 basis points to 97%. This intervention comes against the worsening consumer price index (inflation) soaring to 108.8% in April, a level unseen since 1991.
The Transportation Security Administration (TSA) is currently piloting facial recognition technology across 16 U.S. airports as a method to verify travelers' identities.
The Bank of Korea has teamed up with Samsung to explore Central Bank Digital Currency (CBDC) capabilities for offline payments. The primary objective is to enable users to execute payments via Samsung Galaxy smartphones and Galaxy Watch, even during network disruptions.
OpenAI CEO Sam Altman appeared before the Senate to address concerns regarding artificial intelligence.
On Monday, the United Kingdom launched its first full-sized, self-driving bus service for the public. Operating in Scotland, the AB1 service covers a 14-mile stretch between the Ferrytoll Park and Ride in Fife and the Edinburgh Park Transport Interchange.
Iraq's Interior Ministry has placed a ban on transactions involving the U.S. dollar.
An internal report from the FBI has found 8,000 FBI unwarranted searches of U.S. citizen communications in 2021 and 2022. The audit was carried out by the FBI Office of Internal Auditing (OIA), focusing on compliance with rules for querying data under Section 702 of the Foreign Intelligence Surveillance Act (FISA) of 1978.
Apple gave a sneak peek on Tuesday of a multitude of accessibility features set to be introduced "later this year" with its upcoming iPhone update. One of these features, dubbed "Personal Voice," is projected to be part of the iOS 17 roll-out.
Meta announced the development of custom computer chips, aimed at improving performance in artificial intelligence and video-processing.
OpenAI has launched a ChatGPT app for iOS, free to download from the App Store.

G7 Summit:

The Group of Seven (G7) Summit is an annual gathering of leaders from seven of the world's leading industrialized nations. This year's summit is taking place in Hiroshima, Japan, and ends today, May 21, 2023. The participating countries are Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
The G7 Summit provides a platform for these nations to discuss and strategize on pressing global issues, aiming to align their policies and actions for a coordinated response.
As the host nation, Japan has the responsibility of setting the agenda, leading discussions, and facilitating cooperation among the member countries. This event plays a significant role in international relations and global governance, as decisions made here often have broad-reaching impacts.

SpaceX:

SpaceX is set to launch the Axiom Space's Axiom Mission 2 (Ax-2) to the International Space Station Today, Sunday, May 21. The launch will take place from Launch Complex 39A at NASA's Kennedy Space Center in Florida, with an instantaneous launch window at 5:37 p.m. EST (21:37 UTC).
A backup launch opportunity is scheduled for the following day. The spacecraft being used for this mission is the Dragon, which previously flew Crew-4 to the space station. After stage separation, the Falcon 9's first stage will return to land at Cape Canaveral's Landing Zone 1.
The crew on this mission will conduct over 20 science and technology experiments, focusing on areas like human physiology, physical sciences, and STEAM, to further knowledge in fields such as healthcare, materials, and technology development.
The crew members of this mission are Peggy Whitson, John Shoffner, Ali Alqarni, and Rayyanah Barnawi. The live webcast for the Ax-2 mission will start about 3.5 hours before liftoff.

Statistic: