Oil prices fell over 1% after OPEC and the IEA lowered global demand forecasts due to the U.S.-Israeli war on Iran. However, ongoing supply disruptions in the Strait of Hormuz continue to sustain price floors.
A study reveals that AI-driven productivity gains in the fossil fuel sector generate more planet-heating emissions than the climate benefits they provide to renewables, increasing annual net carbon pollution by 0.47-1.8 gigatonnes.
AI-driven productivity gains enable more fossil fuel pollution than they avoid from renewables, causing net yearly carbon emissions to rise by 0.47 to 1.8 gigatonnes, a new study reveals.
Goldman Sachs raised year-end ARR projections for Zhipu AI and MiniMax to US$2.5 billion and US$1 billion respectively, citing intense competition and new model releases in China's AI market.
Labour MPs and regional mayors, including Andy Burnham's allies, propose a mutualised model for UK water companies, turning them into not-for-profit entities run by local people. This 'third way' aims to avoid government debt from nationalisation, address company failings like sewage dumping, and could first be tested with financially struggling Thames Water.
Super Micro Computer's shares jumped 15% after the server maker announced higher gross margin projections (15-17%) for the June quarter, up from 8.2-8.4%, citing favorable customer and product mix. The company reported record backlog and over $60 billion in new orders, driven by surging demand for AI servers containing Nvidia GPUs, also boosting rivals Dell and HPE.
The U.S. Agency for International Development (USAID), established in 1961, has been dismantled by the Trump administration, with most programs cancelled and remaining ones absorbed by the State Department. Studies project this defunding could lead to 14 million deaths by 2030 from HIV/AIDS and malaria.
A report warns England could see a 25% rise in homelessness, adding 50,000 people by 2030, without a radical 'housing first' approach. Andy Burnham, a contender for Prime Minister, has pledged a major council housebuilding program.
One Nation's surge in Australian polls, from 6% to first/second in some, complicates election predictions. The party's support base shift from traditional Labor/Coalition voters creates uncertainty in preference flows, a key factor in Australia's preferential voting system.
Military flypasts, from early ceremonial displays to modern power projections, showcase technological advancements and strategic messages. Recent events in Washington, Moscow, Beijing, and New Delhi highlight evolving global power dynamics and military modernization.
The Toronto Maple Leafs selected Gavin McKenna with the first pick in the NHL draft in Buffalo. The 18-year-old forward from Whitehorse, Yukon, was announced by Justin Bieber. McKenna's selection marks a key part of the Maple Leafs' rebuilding process.
Le ministère de l'Education nationale prévoit une baisse "drastique" du taux de réussite au brevet, potentiellement de 10 points, en raison de nouvelles modalités d'évaluation qui accordent plus de poids aux épreuves terminales et intègrent toutes les moyennes de troisième. Cette réforme suscite l'inquiétude des syndicats et parents d'élèves, qui craignent une augmentation des inégalités.
Anti-Trump artists VJayBombs projected vintage video clips of Donald Trump with Jeffrey Epstein onto a tarp covering his removed name at the Kennedy Center. The stunt also targeted other D.C. landmarks with satirical projections.
Anti-Trump artists projected vintage clips of Donald Trump with Jeffrey Epstein onto a tarp covering his removed name at the Kennedy Center. The stunt, attributed to VJayBombs, also targeted other D.C. landmarks with satirical imagery of political figures.
Un rapport d'ONG révèle qu'entre 700 et 1 500 enfants scolarisés dans des établissements de la congrégation de Notre-Dame de Bétharram ont pu être victimes de violences sexuelles, physiques ou psychologiques entre 1950 et 1999. L'institut Louis Joinet parle de "violences systémiques et institutionnelles".
Un rapport d'ONG révèle que 700 à 1.500 enfants scolarisés dans des établissements de la congrégation de Notre-Dame-De-Bétharram entre 1950 et 1990 ont pu subir des violences sexuelles, physiques ou psychologiques, qualifiées de systémiques et institutionnelles.
Un rapport d'ONG révèle qu'entre 700 et 1 500 enfants scolarisés dans des établissements de Notre-Dame-De-Bétharram entre 1950 et 1990 ont pu être victimes de violences sexuelles, physiques ou psychologiques, témoignant de violences systémiques.
Bitcoin fell around 2% to $64,300 after the Federal Reserve's FOMC meeting indicated a potential rate hike by year-end, shifting from previous expectations of cuts. Major stock indices also declined, reflecting a broader risk-off sentiment.
The US Federal Reserve kept interest rates unchanged on Wednesday. Policymakers, however, anticipate a rate hike later this year due to persistent inflation concerns. New projections show nine officials expect a hike by the end of 2026.
The Federal Reserve's latest projections indicate one rate increase in 2026, with the median forecast for the federal funds rate to end the year at 3.8%. Fed Chair Kevin Warsh abstained from submitting his own forecast, citing a desire to overhaul the central bank's communication strategy.
New projections from the Penn Wharton Budget Model (PWBM) suggest Social Security's trust funds may have more time before depletion than previously estimated. The OASI fund could be depleted in February 2033, and combined funds in February 2035, slightly later than the Social Security trustees' projections.
France faces a significant demographic shift with an aging population and declining birth rate projected by 2070. New data from Insee and COR highlight the urgent need to address these changes, which will impact the economy and society.
Early projections indicate Swiss voters rejected a divisive anti-immigration proposal aimed at capping the country's population at 10 million by 2050. The initiative, backed by the Swiss People's Party, had raised concerns about economic and EU relations.
Swiss voters have rejected a proposal by the Swiss People's Party (SVP) to cap the nation's population at 10 million by 2050. Preliminary projections show approximately 55% voted against the measure.
