China's AI advantage lies in providing capable, affordable intelligence, increasingly capturing market share through cost-effectiveness, reliability, and reach, as seen in OpenRouter's token processing metrics.
New York City Mayor Zohran Mamdani announces a new tax on second homes worth over $5 million, aiming to fund public services, despite the city's ongoing loss of high-income residents to lower-tax states like Florida and Texas.
Donald Trump's second administration sees a record 27 Senate-confirmed officials leaving, facilitating a power grab by concentrating power in the presidency through acting officials, aided by recent Supreme Court rulings.
Academics Gabriel Zucman and Ben Tippet propose a 2% minimum wealth tax on UK households with over £100m, potentially raising £10bn annually from fewer than 1,000 super-rich families. The proposal aims to fund public services and reduce inequality, aligning with Andy Burnham's calls for fairer taxation, though the new prime minister's specific plans are awaited.
Syria's new transitional parliament convened for its inaugural session in Damascus, with President Ahmed al-Sharaa urging lawmakers to prioritize national interest and foster democracy. The assembly will draft a new constitution following decades of authoritarian rule and civil war.
Hungary's public media, long accused of broadcasting propaganda under Viktor Orban, aired a black screen with an apology and suspended news services. Prime Minister Peter Magyar hailed it as a "historic day," promising reforms for independent and trustworthy public media.
Hungary's public service media, accused of broadcasting propaganda for 16 years, aired a black screen with an apology and announced reforms. The move, timed symbolically, follows Prime Minister Peter Magyar's election promise to create independent and trustworthy news.
Ungerska public service-medier, inklusive M1, har stoppat sina nyhetssändningar. Beskedet kom efter att premiärminister Peter Magyars regering bytt ut ledningen för statlig tv och radio, som en del av reformer för att rensa ut propaganda från Viktor Orbáns tid vid makten.
Hong Kong experienced at least 11 flooding incidents in the northern New Territories during an amber rainstorm warning. The warning was cancelled Tuesday morning after severe rain caused issues in areas like Yuen Long, prompting a response from the Drainage Services Department.
Hong Kong Observatory issued an amber rainstorm warning for Yuen Long, anticipating over 100mm of hourly rainfall and warning of serious flooding. Residents in affected areas are urged to take precautions.
Hong Kong's weather forecaster issued an amber rainstorm warning for Yuen Long, anticipating severe downpours and serious flooding. Hourly rainfall in the northwestern district is expected to exceed 100mm, prompting public safety alerts.
Henrico County, Virginia, is facing a 25% rise in electricity costs for government and schools, totaling $5 million annually, due to increased demand from 37 data centers. This has led to energy-saving measures like dimming lights, while the data center industry argues it's not responsible for wider market pressures.
California's proposed 5% wealth tax on assets over $1 billion faces fierce opposition from tech billionaires. Over $120 million has been raised against the measure, with Google co-founder Sergey Brin donating $82 million. Supporters argue it will fund public services and reduce inequality.
The Hong Kong Observatory issued a red rainstorm warning for an hour on Monday night, with over 70mm of rainfall expected in some areas. A suspected waterspout was also spotted off Cheung Chau. Residents were advised to take precautions against potential flooding.
The Hong Kong Observatory issued a red rainstorm warning for an hour on Monday night, with over 70mm of rainfall expected in an hour in the Wan Chai area. An amber warning was issued earlier, and residents were advised to take precautions against potential flood damage. A suspected waterspout was also spotted off Cheung Chau.
Indonesia plans to integrate with India's Unified Payments Interface (UPI) and use its digital public infrastructure as a blueprint for its own ecosystem. The collaboration extends to commerce, digital identity, and public services, with potential for export across the ASEAN region.
Henrico County, Virginia, is experiencing a nearly 25% rise in electricity costs for public services, totaling $5 million annually, due to increased demand from 37 data centers. This has led to energy-saving measures in schools and offices, despite the county benefiting financially from data center tax revenue.
Private equity firms control significant portions of UK public services, receiving billions in public funds. Concerns are rising over financial engineering, debt loading, and the risks borne by vulnerable individuals when these services fail, as seen in children's homes and care providers.
Hong Kong's weather forecaster will maintain the No 1 typhoon signal and may upgrade to No 3 on Friday as a tropical depression moves closer. The depression is currently 800km away and moving west-northwest.
A paper by JP Spencer, a key advisor to Andy Burnham, proposes giving mayors broad powers over public services like social care, childcare, and skills. This aims to tackle regional inequality in England by shifting power from central government to local leaders.
The Hong Kong Observatory issued the No 1 typhoon signal Thursday morning as a tropical cyclone approached, located about 800 km south of the city. The cyclone is expected to intensify and move towards Hainan Island, with local winds anticipated to strengthen on Friday.
Two federal judges have blocked a Trump administration rule that would have restricted eligibility for Public Service Loan Forgiveness (PSLF). The rule, set to take effect July 1, would have excluded employers engaging in "unlawful activities," but judges ruled it violated the First Amendment and was "contrary to law."
Hong Kong's weather forecaster will issue the No 1 typhoon signal on Thursday as a tropical depression in the South China Sea intensifies and approaches the city. The storm is expected to bring strengthening winds and unsettled weather on Friday.
Hong Kong celebrates the 29th anniversary of its return to Chinese sovereignty with a flag-raising ceremony, speeches, and numerous promotions. Residents can enjoy free tram rides and access to sports facilities.
