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America’s broken legal immigration system is replacing US workers by design
A Fox News opinion piece argues that America’s legal immigration system, not just illegal immigration, is harming American workers, and calls for a complete overhaul of programmes such as H-1B visas and Optional Practical Training (OPT). The author contends that these schemes, ostensibly designed to bring in specialised talent, are being used by employers to…
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At least someone’s been getting jobs under Labour! No10 ‘special adviser’ numbers jumped by a QUARTER in Starmer’s final year – as Government smashed records
The article reports that the number of special advisers working in No 10 increased by around a quarter during Keir Starmer’s final year, while the wider Government employed record numbers of these political appointees. It presents the rise as notable amid criticism of Labour’s employment record and public-sector staffing. Special advisers are temporary, politically appointed…
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‘S.W.A.T.’ Creator Aaron Rahsaan Thomas & ‘Origin’ Producer Paul Garnes Among Names Set For Inaugural Ghana Creative Economy Initiative
Accra is hosting the inaugural Ghana Creative Economy Initiative, bringing together African film and television talent with international industry figures including S.W.A.T. creator Aaron Rahsaan Thomas and producer Paul Garnes. The programme aims to strengthen professional networks, develop projects for global markets and attract investment into Ghana’s creative industries. The initiative includes a 10-day directing…
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Global tech stocks fall as chip sell-off deepens; Burberry sales boosted by gen Z shoppers – business live
Global technology shares fell on Friday as a sell-off in semiconductor stocks deepened, dragging Asian markets sharply lower and setting a downbeat tone for European and US trading. The declines were compounded by a weak earnings report from Netflix, whose shares dropped more than 8% in after-hours trading after the company forecast its smallest year-on-year…
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Nine Venezuelans plead guilty in Nashville sex trafficking scheme that lured migrant women with fake jobs: DOJ
Nine Venezuelan nationals have pleaded guilty to their roles in a family-run sex trafficking operation based in Nashville, Tennessee, according to the US Department of Justice. Prosecutors said the scheme targeted vulnerable migrant women, luring them to the United States with false promises of legitimate employment before coercing them into prostitution. The case forms part…
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Chip giant TSMC pledges another $100bn to expand US production
Taiwanese chipmaker TSMC has pledged a further $100bn (£74bn) investment in its Arizona manufacturing operations, taking its total US commitment to $265bn in a move welcomed by the Trump administration as a boost for domestic semiconductor production. TSMC, which produces the world’s most advanced chips for firms including Nvidia and Apple, said the expansion would…
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Tough blow for Australian manufacturing as smelter closes leaving hundreds of workers without jobs
A manganese smelter at Bell Bay in Tasmania is set to close, dealing a significant blow to Australian manufacturing and leaving hundreds of workers without jobs. The closure, involving operations linked to Liberty, reflects the mounting pressures facing the country’s heavy industry sector, including high energy costs and competition from cheaper overseas producers. The shutdown…
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Burnham must learn from Starmer’s mistakes: Labour was elected to transform the economy, not just stabilise it | Jonathan Portes
Devolution, tax, the EU and immigration: these are all opportunities for growth if Burnham abandons the excessive caution of the past few years The economic inheritance Andy Burnham will receive from Keir Starmer and Rachel Reeves is not, in any meaningful way, a crisis. That is worth saying, because the comparison is not with some…
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Government brings British Steel under public ownership; UK economy grows 0.1% in May – business live
The UK government has formally brought British Steel into public ownership, saying the move will “protect the future of steel production” at the Scunthorpe site. The company employs around 2,700 people and had been under government operational control since April last year, after fears that Chinese owner Jingye Group was preparing to shut down its…
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Fears Burnham tax rises will strangle economy as figures show growth already stalling – but Pound rises as traders bet ‘Red’ Ed Miliband WON’T be Chancellor
Concerns are mounting that tax rises expected under Andy Burnham could damage the UK economy, coming just as new figures show growth already stalling. The economic anxiety is coupled with political turmoil over who will serve as Chancellor, with reports suggesting Burnham has wavered over appointing Ed Miliband to the role, prompting speculation and market…