Shares in Chinese robot maker Unitree have retreated more than 45% from their debut peak, inflicting pain on retail investors and prompting bubble fears. “Investors were carried away by the technology revolution narrative,” a Beijing asset manager told Reuters. China’s newest corporate star, Unitree’s founder has downplayed expectations, saying the ...
Bessent mentor Druckenmiller pans bond buybacksBessent mentor Druckenmiller pans bond buybacks
The chorus of voices criticizing US Treasury Secretary Scott Bessent’s bond buyback strategy grew Tuesday, with the harshest rebuke yet coming from a former mentor. “Governments defending prices against fundamentals always lose,” investor Stanley Druckenmiller argued — with the help of AI — in The Wall Street Journal. “The only ...
CIA Director Ratcliffe makes surprise visit to MoscowCIA Director Ratcliffe makes surprise visit to Moscow
CIA Director John Ratcliffe was in Moscow Tuesday for unannounced talks with the Kremlin, in the first such visit by a US spy chief since 2021. Washington asked Kyiv to pause strikes during Ratcliffe’s four-hour trip. While details of his meetings weren’t released, the talks could have touched on a ...
US’ new Iran plan could backfire, Trump’s former Iran negotiator saysUS’ new Iran plan could backfire, Trump’s former Iran negotiator says
US President Donald Trump’s “maximum pressure” campaign against Iran’s economy is doomed to fail, a former member of his Iran negotiating team argued. Washington’s effort to sanction countries doing business with Tehran “poses a greater threat to US credibility” than to the regime’s economy, Nate Swanson wrote in Foreign Affairs. ...
Israel Is Running a Synthetic Think Tank to Influence AI Search ResultsIsrael Is Running a Synthetic Think Tank to Influence AI Search Results
A synthetic Israel-funded think tank has published more than 100 articles since it launched less than a month ago. First spotted by Politico, the Hanover Institute for Public Policy is run by the American advertising firm Piro Inc, paid for by Israel, and appears designed to generate content for LLMs ...
ICE Wants the Country’s Voter DataICE Wants the Country’s Voter Data
Immigration and Customs Enforcement (ICE) is looking for a federal contractor to provide it with access to the country’s voter registration and voter history data, according to newly released procurement records reviewed by 404 Media. The procurement records say ICE is seeking the data to help detect fraud. But given ...
Canada announces ‘dollar-for-dollar’ retaliatory tariffs on US as high as 50%Canada announces ‘dollar-for-dollar’ retaliatory tariffs on US as high as 50%
The latest escalation in an ongoing trade war between the US and Canada will see new levies on goods from steel to furniture, fresh tuna and makeup. ...
Dolly Parton: The life of an iconic country singerDolly Parton: The life of an iconic country singer
Iconic country musician Dolly Parton has died at the age of 80, the singer’s team announced on social media. ...
Famous London bakery fires warning shot at Saudi copycatFamous London bakery fires warning shot at Saudi copycat
A viral bakery in London has fired a warning shot at an alleged copycat in Khobar, whose owners had built an almost like-for-like replica in the Saudi port city. “It has recently come to our attention that a bakery is operating using our brand name and logo in Saudi Arabia,” ...
Kuwait continues to tighten citizenship rulesKuwait continues to tighten citizenship rules
Kuwait is advancing its citizenship crackdown under new rules introduced Sunday that bar naturalized citizens from voting and replace paper nationality certificates with electronic ones. Naturalized citizens could previously vote once they had held citizenship for 30 years, though they could not run for office or be appointed to parliament. ...