The prime minister says “defensive air-to-air refuelling” is to be provided following a request from Saudi Arabia, after it faced attacks from the Houthis in Yemen. ...
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Markets risk underpricing the scale of rate hikes, analysts sayMarkets risk underpricing the scale of rate hikes, analysts say
Markets risk underpricing the scale of monetary tightening, analysts argued, as central banks around the world adjust to a worsening inflation outlook. The world is entering a “globally synchronised rate hiking cycle,” Deutsche Bank analysts wrote, and “recent trends in commodity prices will push inflation higher still.” Perceived as being ...
Paramount settles US states’ lawsuits, clearing way for Warner Bros. takeoverParamount settles US states’ lawsuits, clearing way for Warner Bros. takeover
Paramount settled lawsuits brought by 12 US states Monday, paving the way for David Ellison’s $110 billion takeover of Warner Bros. Discovery. The states had argued that the acquisition would give Paramount too much control over the movie and cable TV industries. The deal provides certain editorial protections for CBS ...
Xi purges top generals for ‘disloyalty’Xi purges top generals for ‘disloyalty’
China said Monday that it removed two top generals over allegations of disloyalty and corruption, the latest in a long series of expulsions under leader Xi Jinping. While Xi’s purge is centered around rooting out graft, the “unprecedented” charges of forming cliques and factions “sends a sharp message to both ...
OpenAI calls for global US-led coalition on AI safetyOpenAI calls for global US-led coalition on AI safety
OpenAI on Monday called for the US to lead an international coalition to coordinate global AI standards, as discussion of the technology’s risk and promise looms over this week’s UN General Assembly. The call comes as Washington pursues tentative outreach with China on coordinating AI developments, including through a possible ...
Collins challenges NIH grant review planCollins challenges NIH grant review plan
Sen. Susan Collins, R-Maine, is again confronting the White House on National Institutes of Health grant decision-making, calling on Office of Management and Budget Director Russell Vought to drop his push to assert greater control over the NIH’s grant process. “Imposing a political review on awards that have already been ...
Democrats’ Gaza reckoning: how failing to give Palestinians a voice came back to bite the partyDemocrats’ Gaza reckoning: how failing to give Palestinians a voice came back to bite the party
Voters rejected many establishment choices this year in favor of candidates pushing accountability for Gaza, writes Akbar Shahid Ahmed The last time she gathered with fellow Democrats for a pre-election national convention, Georgia state representative Ruwa Romman got an unspoken message from the party establishment: on their biggest stage, she ...
UK to give support to Saudi jets in attempt to counter Houthi fightersUK to give support to Saudi jets in attempt to counter Houthi fighters
Andy Burnham seeks stability in Middle East to bring down prices at home as first meeting with Trump looms The UK has agreed to provide defensive air support to Saudi Arabia to help counter Houthi fighters and restore stability in the Middle East while driving down the cost of living ...
How AI Chatbots Are ‘Deskilling’ Human EmpathyHow AI Chatbots Are ‘Deskilling’ Human Empathy
When I first started writing about online cultures and subcultures almost 10 years ago, one of the first scholars I read on the subject of internet anthropology was Professor Sherry Turkle. Her earlier books, including The Second Self (published in 1984) and Life on the Screen (1995) became something like ...
‘Don’t spend $20 on an acai bowl’: gen Z are shunning private equity’s restaurant takeover‘Don’t spend $20 on an acai bowl’: gen Z are shunning private equity’s restaurant takeover
As more PE firms invest in food establishments, people are bemoaning the ‘same-ification’ of NYC’s restaurant scene Los Tacos No 1 is a classic New York success story. After the Mexican-style taco joint opened in 2013, it quickly became a critic’s pick in the city’s paper of record, drawing long ...