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Bullock warns AI investment may fuel inflation without lifting productivity
Reserve Bank of Australia governor Michele Bullock warned that artificial intelligence could be a speculative bubble and said there is not yet evidence it is improving Australia’s productivity. Although the government views AI as a major source of future economic growth, Bullock said rapid adoption and investment in data centres were currently adding to inflation…
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Putin’s party wins record Duma majority amid mobilisation fears
Vladimir Putin’s United Russia party has secured a record supermajority in Russia’s Duma (Parliament), winning 355 of 450 seats in a tightly controlled election held in March 2026. This represents an increase from their previous record of 343 seats and comes amid growing concerns that Putin could use this electoral victory to justify a fresh…
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US broadcasters suspend pooled Trump coverage after White House media ban
Major US television networks suspended pooled coverage of President Donald Trump after the White House barred journalists from CNN, Politico and MS NOW. Trump accused the outlets of publishing “fiction or lies”, while the organisations said the ban was retaliation for their reporting; they have sued, arguing that government control over press access threatens press…
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Susan Sarandon to Be Honored at Rome Film Festival Sidebar Where ‘The Accompanist’ Will Bow Internationally (EXCLUSIVE)
Susan Sarandon will receive the Womenlands Excellence Award at Rome Film Festival’s Alice in the City sidebar, which focuses on films for children and young people. She will also promote the international premiere of Zach Woods’ feature debut, The Accompanist, in which she plays a first-time foster parent caring for an eight-year-old girl. The festival…
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UK Government Borrowing Exceeds Forecasts at £18.3bn, Constraining Budget Options
UK government borrowing figures for August have exceeded forecasts significantly, constraining the government’s policy options ahead of the autumn budget. Public-sector borrowing reached £18.3 billion, roughly £3 billion above expectations and £3.5 billion higher than the Office for Budget Responsibility’s forecast. The shortfall reflects spending outpacing revenue growth, raising pressure on Chancellor John Healey to…
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Burnham leaves Labour’s EU return option open despite Brexit divisions
Andy Burnham has declined to rule out Labour pledging to rejoin the European Union in its next election manifesto, marking a possible departure from Sir Keir Starmer’s more cautious stance. The position could help Labour electorally as support for rejoining has grown, but Burnham would face a difficult campaign requiring a strong and credible case…
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Burnham leaves open Labour manifesto pledge to rejoin EU
Andy Burnham has declined to rule out Labour promising to rejoin the European Union in its next manifesto, saying the question was “for another day”. His European relations minister, Hamish Falconer, has also repeatedly avoided excluding the option. Burnham said his immediate priority was repairing relations with the EU and securing a practical agreement to…
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Hinton warns Congress AI crisis looms; Boebert faces ethics complaint
Nobel laureate Geoffrey Hinton warns Congress has one year to avert an AI crisis, as Congresswoman Boebert faces an ethics complaint. An Apple engineer died in a Bay Area boating accident; Paramount clears major merger hurdles.
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Barcelona’s title defence faces renewed threat in women’s Champions League
The Women’s Champions League league phase begins this week with genuine competitive unpredictability after Barcelona, the defending champions and four-time winners in six years, experienced a significant exodus of talent. Four key players from last season’s European Cup-winning squad departed the club, including Salma Paralluelo (who joined OL Lyonnes) and Alexia Putellas and Mapi León…
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UK borrowing hits £18.3bn, piling pressure on Healey before Budget
The UK government’s borrowing reached £18.3 billion in August, significantly exceeding forecasts of £15.6 billion and piling fiscal pressure on Chancellor John Healey ahead of the upcoming Budget. The overspend was driven primarily by rising government expenditure, particularly higher inflation pushing up spending on public-sector pay, state benefits and pensions, combined with the substantial cost…