FirstFT: the day's biggest stories
When North Korea’s ruling party held a top-level meeting this month there were predictable boasts of unstoppable nuclear development and, more unexpectedly, a suggestion by Kim Jong-un that his country and the US “could get along” – provided that Washington recognised North Korea as a legitimate nuclear power.
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But the note cautioned against treating AI as an “immediate fiscal windfall.” Before productivity fully kicks in, governments face upfront costs that could strain budgets already burdened by post-pandemic debt. Government spending explicitly earmarked for AI remains modest—often only a fraction of a percent of GDP—but a sea of hidden costs could make the transition much more difficult for budgets to handle.
跨城通办覆盖范围进一步扩大，服务事项逐年递增，三地协同步伐不断加速，发展质效持续提升。