Opposition to AI datacenters is a growing US political theme, but critics argue it distracts from the larger issue of AI companies' concentrated power and influence. While local concerns about resources and environment are valid, the focus should shift to limiting corporate control and wealth accumulation.
OpenAI CEO Sam Altman reportedly proposed giving the US government a 5% stake in the company to ease political tensions and share AI growth benefits. The idea, inspired by the Alaska Permanent Fund, suggests other major AI firms like Google, Anthropic, and Meta do the same.
New research to be presented at an ECB conference suggests wealthy OECD nations with high immigration rates over 35 years have reaped significant economic benefits, boosting growth and productivity. The study challenges anti-immigrant political claims, finding room for more workers.
US VP JD Vance detailed a proposed peace deal with Iran, requiring Tehran to abandon nuclear weapons, keep the Strait of Hormuz open, and meet strict conditions before receiving economic benefits. The US aims to benefit regardless of Iran's response.
President Trump's proposed Iran deal involves a phased approach: reopening the Strait of Hormuz first, followed by economic benefits for Iran upon meeting US conditions. Nuclear program issues are deferred to a separate 60-day negotiation.
Hong Kong's first five-year plan, set to be finalized by end of 2026, will focus on economic upgrading, leveraging AI for job creation, and promoting inclusive development. Public consultation begins Monday.
Pakistan's PM Shehbaz Sharif suggested a US-Iran peace deal could be finalized within 24 hours, marking a potential end to over 100 days of conflict. He indicated Pakistan is preparing for electronic signing and thanked both nations for their commitment, though official confirmation from the White House or Tehran is pending.
Pakistan's PM Shehbaz Sharif suggested a US-Iran peace deal could be finalized within 24 hours, following months of conflict. He indicated Pakistan is preparing for electronic signing and thanked both nations for their commitment. However, neither the White House nor Iranian authorities have confirmed the timing.
A study by IPAM suggests Portugal could generate up to €945 million from the 2026 FIFA World Cup, even without hosting. The economic impact, driven by digital consumption and fan engagement, depends on the national team's performance, with potential earnings ranging from €378 million to €945 million.
China wants artificial intelligence to become a new engine of growth, powering everything from factory upgrades to scientific discovery. But outside the country’s technology hubs, the economic benefits promised by AI may be harder to realise. Recent studies suggest that AI will widen regional divides. Big cities with deep pools of talent, capital and innovative firms are best placed to adopt the technology, while smaller cities and rural areas may struggle to keep up. According to analysts, the...
Event director says £130m could be raised for good causes‘You can lose the love, and we have to be mindful of that’London Marathon organisers have revealed more details about plans to stage a two-day event next year which they say would be an “incredible celebration” that would raise more than £130m for charity and bring in £400m in social and economic benefits.As the Guardian revealed last month, advanced talks are under way for the one-off event which would allow around 100,000 people to take part, nearly double the number running on Sunday. Continue reading...
Islamabad has seized chance to act as mediator in Iran war and hopes to reap diplomatic and economic benefitsMiddle East crisis – live updatesAs Pakistan works frantically to narrow differences between Iran and the US in its newfound role as global peacemaker, it is also seeking to recast its diplomatic standing and attract business.Pakistani officials, mediating between an unpredictable US president and hardliners in Tehran, were on Monday trying to coax both sides to put the conditions in place for a second round of talks in Islamabad this week, including easing the standoff in the strait of Hormuz. Pakistan was optimistic that the meeting would happen, viewing objections voiced by the Iranian side and Donald Trump’s threats as posturing for domestic audiences. Continue reading...
