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COVID 19 Articles
M&S boss bemoans last week’s budget as ‘whole lot of nothing’
Marks & Spencer’s chief executive criticized the government’s recent budget as lacking substance while welcoming an expected UK-EU food trade deal that could reduce post-Brexit costs for the retailer.
Australia has a bad inflation problem. So why are we middle-of-the pack on the misery index?
Australia faces inflation at 4.3% annually, higher than peer nations, yet ranks mid-pack on the misery index when unemployment is factored in, suggesting relatively stronger labor market conditions.
Satish Acharya, Manjul: India’s cartoonists built an audience online – now their posts are being restricted
Indian cartoonists face repeated account restrictions and content removal on Instagram, raising concerns about the use of legal orders to suppress political satire in India.
‘We built this land’: descendants of enslaved people are reclaiming their history across South Africa’s vineyards
South African wine farms are beginning to acknowledge their reliance on enslaved labor, with Groot Constantia among the few explicitly documenting slavery’s role in building the industry’s success.
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Artificial intelligence: Yann LeCun works on more flexible AI
Yann LeCun, founder of Advanced Machine Intelligence Labs, argues current AI systems like ChatGPT cannot handle real-world tasks like robotics and advocates for developing more flexible artificial intelligence architectures.
This farmer wanted to quit the cocaine industry – he couldn’t
Colombian coca farmers struggle to abandon the crop despite government substitution programmes, with many citing delayed payments and lack of support as reasons for returning to cultivation.
Jamie Dimon says markets underestimate risks and he wouldn’t buy stocks or Treasurys at current prices
JPMorgan Chase CEO Jamie Dimon warned that markets are underestimating geopolitical and fiscal risks, stating he would not buy stocks or long-dated Treasury bonds at current prices.
Some food prices have fallen – but inflation expected to rise from here
UK food inflation fell to its slowest rate in nearly two years as supermarket competition drove down prices for items like margarine and sugar, though analysts warn inflation is expected to rise again due to higher energy costs ahead.
Why the UK is dithering over what to do about e-scooters
The UK government has delayed decisions on e-scooter regulation for six years despite popular trial schemes, while privately owned e-scooters remain illegal but widespread, creating safety and enforcement challenges.
A tax break for preserving land has drawn IRS scrutiny. Here’s when it still makes sense
Congress seeks to expand a land preservation tax incentive as the IRS continues scrutinizing conservation easements, though legal experts say properly structured deals still offer legitimate value for individual landowners.
Business rates cut for pubs, clubs and music venues in England only ‘a small move’, say critics
England’s pubs, clubs and live music venues will receive a 20% business rates discount as part of a £100m aid package, though critics argue the measure does not go far enough.
How much is Edinburgh’s tourist tax and who pays it?
Edinburgh has introduced a 5% tourist tax on overnight accommodation, becoming Scotland’s first city to implement the charge. The levy, which took effect this week, aims to raise £50m annually for city improvements.
Logistics giants are racing to keep up with healthcare boom as GLP-1s highlight need for cold storage
Major logistics providers including UPS and FedEx are significantly expanding cold-chain infrastructure to handle surging demand for temperature-sensitive medications like GLP-1 obesity and diabetes drugs.
Israel planning ‘extensive’ military operation in West Bank after settler attack
Israel announced plans for a major military operation in the West Bank following clashes in a Palestinian village that left four Palestinians and two Israelis dead, with dozens more reported wounded.
US expands Iran attacks as Trump warns Tehran and Houthis over Red Sea strikes
The US expanded military strikes across Iran as President Trump threatened major punishment against Tehran and Houthi forces over Red Sea shipping attacks, while ceasefire negotiations remain stalled.
‘No time to waste’: Greece bids for Mount Olympus to be included on Unesco list of world heritage sites
Greece is pursuing UNESCO World Heritage status for Mount Olympus, with the World Heritage Committee set to discuss the nomination this week at its annual session in South Korea.