In 2022 and into 2023, the crypto market faced major drawdowns following the implosion of Bahamas-based cryptocurrency exchange FTX in 2022 and the regional banking crisis in early 2023. This led to the Federal Reserve Board releasing statements to banks on the risks of crypto assets, which it has recently withdrawn.
On Thursday, for instance, a federal court briefly ruled that Trump had illegally exercised emergency powers to impose his sweeping slate of international tariffs, only for an appeals court toA deal with Nippon Steel
Before the tariff hike was announced, Friday’s rally in Pittsburgh was expected to focus on Nippon Steel’s proposed acquisition of US Steel, the second largest steel producer in the country.“We’re here today to celebrate a blockbuster agreement that will ensure this storied American company stays an American company,” Trump said at the outset of his speech.But the merger between Nippon Steel and US Steel had been controversial, and it was largely opposed by labour unions.
Upon returning to the White House in January, Trump initially said he would block the acquisition, mirroring a similar position taken by his predecessor, former US President Joe Biden.However, he has since
his stance and backed the deal. Last week, he announced an agreement that he said would grant Nippon only “partial ownership” over US Steel.
Speaking on Friday, Trump said the new deal would include Nippon making a “$14bn commitment to the future” of US Steel, although he did not provide details about how the ownership agreement would play out.But in the past, people had fewer opportunities to document their lives than their mobile phone-wielding contemporaries, he says. Many experiences have been omitted or erased from collective memory due to lack of access, persecution, censorship or marginalisation.
So with this in mind, in 2022, Garcia and his team launched the Synthetic Memoriesto use AI to generate photographic representations of memories that were lost, due to missing photos, for instance, or never recorded in the first place.
“I don’t think there was an eureka moment,” Garcia says of the evolution of the idea. “I’ve always been intrigued by how documentaries reconstruct the past … our goal and approach were more focused on the subjective and personal side, trying to capture the emotional layers of memory.”For Garcia, the chance to recover such memories is an important act in reclaiming one’s past. “The fact that you have an image that tells this happened to me, this is my memory, and this is shown and other people can see it, is also a way to say to you, ‘Yes, this happened’. It’s a way of saying, of having more dignity about the part of your history that has not been depicted.”