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Alberta will hold a referendum on October 19 asking residents whether to pursue formal independence, with proponents citing oil wealth and critics warning of hundreds of billions in transition costs.
Britain has created an Energy Wealth Fund with £2bn in funding, marking its first sovereign wealth fund after decades. Treasury analysis suggests historical North Sea oil revenues could have grown to £1 trillion had they been invested systematically decades ago.
A growing number of job seekers report facing hundreds of rejections, often without human review, as employers increasingly rely on AI recruitment tools to screen applications amid concerns about bias and fairness.
UK inflation reached 3.5% in the year to September, exceeding the Bank of England’s 2% target and driven primarily by higher petrol and diesel costs.
European car manufacturers are pivoting toward military vehicle production as traditional automotive demand declines, with companies like Ford, Renault, and Volkswagen pursuing defense contracts.
Netflix announced layoffs affecting roughly 1,000 employees, or 6% of its workforce, with cuts concentrated in product, tech, legal, and HR teams.
