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What We’re Watching: China bans Nvidia chips, Fed holds big meeting, Saudi Arabia pulls plug on music lounges

September 17, 2025
Zac Weisz
and
Riley Callanan
​Nvidia founder and CEO Jensen Huang speaks to journalists in Beijing, China, on July 16, 2025.
Nvidia founder and CEO Jensen Huang speaks to journalists as he arrives for a press conference at Mandarin Oriental Hotel in Beijing, China, on July 16, 2025.
VCG/VCG

China bans Nvidia’s last AI chip as its domestic industry catches up

China has ordered major tech firms, including Alibaba and ByteDance, to stop buying Nvidia’s RTX Pro 6000D AI chips, effectively banning them. The move shows Beijing is confident that its own rapidly-advancing domestic producers can now rival Nvidia’s offerings. Curiously, the decision comes just weeks after US President Donald Trump gave Nvidia the green light to sell chips in China in exchange for the US government getting a cut of the revenue. Will Beijing’s new ban stay in place, or is China merely jockeying for leverage ahead of an expected Friday phone call between Trump and President Xi Jinping?

A Fed cut is coming – but what are the caveats?

The US Federal Reserve is expected to lower interest rates for the first time this year at its meeting today, with investors anticipating a quarter-point cut. A rapidly-cooling labor market is pushing the Fed to cut rates. There are things to watch: first, what are the Fed’s predictions about growth and inflation later this year? Prices jumped last month as the effect of Trump’s tariffs filtered through, strengthening the case against further rate cuts. Second, how will Trump respond? He has threatened Fed Chair Jerome Powell with removal for not lowering rates fast enough, and is embroiled in a legal fight about whether he can fire Fed governor Lisa Cook.

Saudi Arabia’s liberalization streak faces the music

Authorities in Riyadh and Jeddah have shuttered at least two dozen music and performance “lounges” in recent weeks. The venues, which permit shisha smoking and mixing of the sexes, have proliferated since Crown Prince Mohammed bin Salman began a sweeping liberalization of the Kingdom’s ultra-strict social rules several years ago. Authorities officially cite public health concerns as the cause for the closures, but the move comes amid a backlash against the venues from conservative Saudis, who view them as vice-promoting nuisances.

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Jacinda Ardern on AI's role in countering extremism online

- YouTube

youtu.be

Former New Zealand Prime Minister Jacinda Ardern says AI can be both a force for good and a tool for harm. “AI has either the possibility of…providing interventions and disruption, or it has the ability to also further harms, increase radicalization, and exacerbate issues of terrorism and extremism online.”

Shutting down dissent: Tanzania’s election goes offline

Demonstrators carry the dead body of a man killed during a protest a day after a general election marred by violent demonstrations over the exclusion of two leading opposition candidates at the Namanga One-Post Border crossing point between Kenya and Tanzania, as seen from Namanga, Kenya October 30, 2025.
REUTERS/Thomas Mukoya

Tanzania has been rocked by violence for three days now, following a national election earlier this week. Protestors are angry over the banning of candidates and detention of opposition leaders by President Samia Suluhu Hassan.

Hard Numbers: Trump administration lowers refugee limit, 6,7 enshrined in the dictionary, Jamaica’s preparedness paid off in Hurricane Melissa

Illegal immigrants from Ethiopia walk on a road near the town of Taojourah February 23, 2015. The area, described by the United Nations High Commissioner for Refugees (UNHCR) as one of the most inhospitable areas in the world, is on a transit route for thousands of immigrants every year from Ethiopia, Eritrea and Somalia travelling via Yemen to Saudi Arabia in hope of work. Picture taken February 23.
REUTERS/Goran Tomasevic

7,500: The Trump administration will cap the number of refugees that the US will admit over the next year to 7,500. The previous limit, set by former President Joe Biden, was 125,000. The new cap is a record low. White South Africans will have priority access.

Jacinda Ardern and Lisa Monaco on cybersecurity, AI, and protecting democracy

- YouTube

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In an era characterized by rapid technological advancement, cybersecurity and artificial intelligence present both challenges and opportunities. At the 2025 Paris Peace Forum, GZERO’s Tony Maciulis engages in an insightful conversation with Dame Jacinda Ardern, former Prime Minister of New Zealand, and Lisa Monaco, President of Global Affairs at Microsoft, discussing strategies for a secure digital future.

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