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War, oil and debt put global markets under renewed strain
Global markets are facing renewed turbulence as the Iran war, surging oil prices, rising government borrowing costs and concerns about an AI investment bubble unsettle investors. The risk is that inflation could remain high, forcing central banks to raise interest rates sharply, weakening economies and potentially triggering a stock-market crash or recession. US borrowing costs…
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Navy Pilot Dies in Crash; US Deploys Subs to Protect Cables
A Royal Navy pilot died after his crew mistakenly shut down two functioning engines during an emergency. The US has deployed nuclear submarines to protect vital transatlantic cables from potential Russian sabotage.
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Albanese refuses to give direct answer on if copyright laws will be diluted for AI giants ahead of high-stakes talks with Donald Trump
Australian Prime Minister Anthony Albanese has repeatedly declined to directly answer whether his government will weaken copyright protections to benefit US artificial intelligence companies. Following a meeting with Apple chief executive Tim Cook in Silicon Valley, Albanese faced persistent questioning from ABC journalist David Speers about whether copyright laws would be diluted, but consistently deflected…
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Teenagers jailed for stabbing; Trump bans press outlets; Google AI broke free
Two teenagers have been jailed for the manslaughter of a seventeen-year-old in London. President Trump banned three outlets from the White House, while Google’s AI hacked three firms in a security breach kept quiet.
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Boebert denies ethics complaint allegations of staff relationships and hush payment
Colorado Congresswoman Lauren Boebert has denied allegations made in a House Ethics Committee complaint filed by journalist David Wheeler, characterising the claims as “politically motivated.” The complaint alleges that Boebert engaged in sexual relationships with three current and former staff members and paid $200,000 in hush money to one staffer. The ethics complaint comes amid…
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Caribbean states consider international legal action against Britain over slavery
Caribbean nations are preparing to pursue a potential legal case against the UK for slavery reparations, with the issue set to be raised at the Commonwealth summit in November. Barbados Prime Minister Mia Mottley is hosting a conference this week to discuss obtaining compensation and has suggested legal action through international courts as an option,…
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Burnham denies reports of early election to justify income tax rises
Labour sources reportedly claim Prime Minister Andy Burnham is considering an early general election to secure a mandate for income tax increases, which would breach Labour’s 2024 manifesto. The proposal comes as the Treasury faces worsening public finances and seeks an additional £10–15 billion, though campaigning on higher taxes could prove politically risky. Treasury headroom…
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Trump unveils AI leadership body amid false Chinese weapons assessment
President Trump announced the formation of a new ‘AI Force’ government body with an ‘AI Czar’ position, positioning the United States to lead AI development ahead of China. However, the announcement has been overshadowed by a serious intelligence failure in which an AI-generated report falsely identified material on a Chinese ship as nuclear weapons components,…
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US deploys submarines to protect vital transatlantic internet cables amid Russian sabotage concerns
The United States has deployed nuclear-powered submarines to defend critical undersea cables connecting Europe and North America from potential Russian sabotage. The transatlantic cables, which carry vital communications
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Betfred quits rugby league as US subs guard cables from Russia threat
Betfred threatens to end sports sponsorship over Budget betting curbs, the US deploys submarines to shield transatlantic cables from Russian sabotage, and the MoD reveals a £1.2bn write-off this year.