The yen fell to its weakest level against the US dollar since 1986, raising the prospect of renewed intervention from Japanese authorities. The currency slid as investors turned to the dollar on expectations that the US Federal Reserve could raise interest rates this year; Japan faces other structural pressures like ...
Russia’s fiscal discipline erodesRussia’s fiscal discipline erodes
Moscow pushed through legislation allowing it to borrow more money, a rare belt-loosening from the fiscally conservative Kremlin that implies that the Russian system is eroding, a scholar argued. President Vladimir Putin has long boasted that Russia has the lowest public debt among G20 nations, but the Ukraine war has ...
Burnham vows to ‘rewire’ BritainBurnham vows to ‘rewire’ Britain
The UK’s likely next prime minister pledged to redistribute political clout across the country, setting up a “No. 10 North” in Manchester. In a major policy speech outlining his goals, former Greater Manchester mayor Andy Burnham on Monday promised “the biggest change in our lifetimes to the way the country ...
Planned VW layoffs add to Berlin’s woesPlanned VW layoffs add to Berlin’s woes
German politicians vowed Monday to prevent Volkswagen from cutting 100,000 jobs, as Berlin confronts the scale of the country’s industrial woes. The automaker’s reported planned layoffs and factory closures could amount to one of the biggest corporate reductions in history. It shows the “growing desperation” of Germany’s automotive sector, under ...
China racks up advantages from Iran energy crisisChina racks up advantages from Iran energy crisis
China is emerging from the Iran war energy crisis with clear economic and geopolitical advantages, a new report argued. China’s oil stockpiles and deep push into renewables helped shield the country from the worst of the disruptions from the Strait of Hormuz’s closure, unlike several Asian economies, which had to ...
Tidal Says It Won’t Pay Royalties for AI-Generated MusicTidal Says It Won’t Pay Royalties for AI-Generated Music
Music streaming service Tidal announced it won’t pay royalties for AI-generated music in an email to users and an announcement on its website published Monday. “Tidal’s priority is ensuring royalties go to original works directly produced, written, and performed by people,” the announcement reads. “We will therefore not knowingly attribute ...
Long-delayed defence spending plan to be published on Tuesday, with focus on drone warfareLong-delayed defence spending plan to be published on Tuesday, with focus on drone warfare
The defence investment plan will set out how billions will be spent on equipping the UK Armed Forces. ...
Germany v Paraguay: World Cup 2026 last 32 – liveGermany v Paraguay: World Cup 2026 last 32 – live
⚽ Kick-off time: 4.30pm EDT/9.30pm BST/6.30am AET⚽ Bracketology | Player guide | Golden Boot standings Match report: Brazil 2-1 Japan Not for the first time in this tournament, there were long periods when Brazil did not impress. And not for the first time in this tournament, they got away with ...
Porn star turned late-night TV icon Robin Byrd: ‘Sex is a form of magic’Porn star turned late-night TV icon Robin Byrd: ‘Sex is a form of magic’
She was a sex-positive star in the 80s and 90s who became an ‘accidental activist’ and her life is explored in a HBO documentary produced by Sarah Jessica Parker Robin Byrd has no doubt about where the archive of her life should end up. “I think it should be in ...
The US supreme court just put the lives of 1.3 million immigrants in danger| Heba GowayedThe US supreme court just put the lives of 1.3 million immigrants in danger| Heba Gowayed
The court’s TPS decision is devastating for those whose countries of origin are deemed unsafe. Congress must act On Thursday, the US supreme court authorized the Trump administration to end Temporary Protected Status (TPS), facilitating the largest single assault on immigrants in contemporary United States history. While the case concerned ...