The Guardian
1 day ago
Is it bad that Elon Musk has a trillion dollars? Yes, and here’s why | Ingrid Robeyns
Just as the ‘poverty line’ determines what’s required for basic living, we need a ‘wealth line’ to show when extreme wealth becomes harmfulIt was bound to happen eventually: Elon Musk has become the planet’s first trillionaire. Until recently, economists who spoke about “trillions” were describing the GDP of the largest economies or the accumulated value of bequests on their way to the heirs of today’s billionaires. The term is not often used in daily conversation, let alone to describe the wealth of an individual.But now we have entered a new phase of the oligarchic era. Previously, when we described the wealth of the world’s richest billionaires, it was understood as a few hundred billions. Three years ago, the value of Musk’s total assets was estimated to be about $250bn. The pace at which it has increased is mind-boggling – and so is what it represents. Continue reading...
The Guardian
1 day ago
No stage too big - Haaland arrives in style at World Cup
Erling Haaland has made a habit of scoring debut goals in the big competitions. He did it in the Champions League, the Bundesliga and the Premier League. Now he has done it at the World Cup too.
Bbc.com
1 day ago
Musk's SpaceX overtakes Amazon to become world's fifth most valuable firm
Elon Musk's rocket firm has overtaken the retail and media empire in value after a surge in its share price.
Bbc.com
1 day ago
The bikers battling extreme heat and armed conflict to smuggle Iranian fuel to Pakistan
It's so hot the fuel can catch fire - the bikers tell the BBC they must live with the risk of injury and death.
Bbc.com
1 day ago
FBI foils plot targeting White House UFC event, five arrested across multiple states
Five suspects from Ohio, Missouri and California are in custody after the FBI learned of the threat four days before the South Lawn event.
Euronews
1 day ago
India: Why a country of 1.4 billion is not in the football World Cup
The world's most populous country is still missing from football's biggest stage.
Bbc.com
1 day ago
Cadbury chocolate-owner Mondelez defends staying in Russia
Mondelez boss Dirk Van de Put says it was the "right decision" to remain after the war with Ukraine.
Bbc.com
1 day ago
'Warning fire went up': Couple on board yacht describe encounter with Russian warship
The Russian frigate fired warning shots near a British retired couple on a yacht in the English Channel.
Bbc.com
1 day ago
Jair Bolsonaro’s son sentenced to four years in jail for seeking US interference in father’s Brazil coup trial
Brazil supreme court finds that Eduardo Bolsonaro – who resides in the US - tried to get sanctions put on judges trying ex-president over coup plotBrazil’s supreme court has sentenced Eduardo Bolsonaro to four years and two months in prison after finding him guilty of courting US interference in his father’s coup plot trial last year.The office of Brazil’s prosecutor general had charged Eduardo Bolsonaro – who lives in the US - courting interference from the Trump administration to help Jair Bolsonaro’s case, by imposing sanctions on the court’s justices and tariffs on Brazilian goods. Continue reading...
The Guardian
1 day ago
Meet the striker who doesn't score often - but Scotland win when he does
Lyndon Dykes has taken a long road to a major finals with Scotland but he's bald, belligerent and up for the battle against Morocco.
Bbc.com
1 day ago
How the fight over US datacenters is scrambling this state’s politics: ‘We don’t want it’
Josh Shapiro, Pennsylvania’s governor, squares off with state lawmakers over the facilities powering an AI boomA controversial haunted house near Philadelphia, Pennsylvania, taps into its dark history every fall to scare tens of thousands of visitors. In 1968, a local news station documented appalling conditions for disabled people in the red-brick buildings on the banks of Schuylkill River. Residents were found naked and emaciated at what was then known as the Pennhurst state school and hospital. The institution shut its doors permanently in 1987 after a lawsuit over inhumane conditions.By 2010, a Halloween attraction stood in its place, and Pennhurst asylum’s previous owner suggested during its early years that he wanted to spook guests by repurposing the hospital’s surgical lights and medical cabinets to use as props. Continue reading...
The Guardian
1 day ago
Project Mbappe - the road to becoming France's record scorer
Kylian Mbappe has become France's all-time record scorer, aged just 27. BBC Sport takes a closer look at how he got here.
Bbc.com
1 day ago
Struggling Pizza Hut chain to be sold for $2.7bn
The decision comes after a prolonged period of difficulty for the chain, which has faced increasing competition from a range of rivals.
Bbc.com
1 day ago
UN chief visits Haiti as gang violence soars and number of displaced hits 1.5 million
Guterres’ first stop was the headquarters of the new gang-suppression force, which the UN Security Council approved in September.
Euronews
1 day ago
Tech Life
The prompt that made ChatGPT generate disturbing images. What does this tell us about AI?
Bbc.co.uk
1 day ago
SpaceX overtakes Amazon to become world’s fifth most valuable company
Elon Musk’s firm briefly reached $2.97tn valuation days after its IPO following purchase of AI coding startup CursorSpaceX has overtaken Amazon to become the world’s fifth most valuable company days after its stock market debut.The milestone came as Elon Musk’s company agreed to buy the startup behind the AI-powered coding app Cursor for $60bn (£44bn), in an attempt to capitalise on the technology’s success as a coding tool. Continue reading...
The Guardian
1 day ago
The tide is turning on Thames Water: special administration looks best | Nils Pratley
It is still not totally clear what the government wants but the political mood seems to be shifting towards a decisionThames Water nationalisation moves closer as government objects to rescue dealAt last, Emma Reynolds, the environment secretary, has opined on the future of Thames Water. So what’s it to be? A takeover by the company’s creditors? Special administration, which would allow anyone to pitch up with an offer while the state temporarily funds the company? Or even a quick flush to full nationalisation?Well, two years after Thames’s shareholders walked away, and 18 months after the creditors opened talks with regulator Ofwat on the terms on a potential recapitalisation, one still can’t say definitively what the government wants. But we do have a better idea: the political mood seems to be shifting firmly towards administration. Continue reading...
The Guardian
1 day ago
The Guardian view on defending Europe in a new era: collaboration is the key | Editorial
The recent abandonment of plans for a Franco-German fighter jet sent a disastrous signal. Strategic autonomy will be jointly achieved or not at allIt has become a truism to assert that Europe needs to fast-track its own strategic independence in a volatile world. A recent paper from the European Council on Foreign Relations describes the continent’s leaders as grappling with “a ‘Schrödinger’s NATO’ moment, in which America remains formally inside the alliance while behaving as though it were not, just as the Russian threat looms larger”. Donald Trump’s United States has become at best an unreliable and at times reluctant ally, as Vladimir Putin’s revanchist ambitions have exposed the need to strengthen Europe’s defences.But if the goal of greater autonomy is to be achieved, far better coordination of resources and cooperation between national defence industries will be required. Neither has been much in evidence this month, with France and Germany abandoning a joint £100bn project to build a new fighter jet as part of an updated Future Combat Air System. Originally launched by Emmanuel Macron and Angela Merkel in 2017, plans for the jet were pulled as a result of irresolvable disagreements between Dassault, the French aviation company involved, and Airbus, the European aerospace company whose defence unit is based in Germany.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
The Guardian
1 day ago
Toronto police link dozens of shootings to ‘multilayered’ gun-for-hire network
Young adults and teens are being recruited through apps like Telegram and paid to carry out attacks, officials sayPolice investigators in Toronto have said that dozens of shootings – including one at the US consulate in March – are linked to a “multilayered” gun-for-hire network that is also responsible for attacks on synagogues around Canada’s largest city.Toronto’s police chief, Myron Demkiw, told reporters on Tuesday that young adults and teenagers are being recruited through encrypted messaging apps such as Signal, Telegram and WhatsApp by “bad actors” and paid by the networks to carry out the attacks. Shooters are required to film their attacks in order to get paid. Continue reading...
The Guardian
1 day ago
Starmer’s waning influence is apparent at awkward G7 summit
British prime minister was left making small talk unsure if a meeting with Trump and Zelenskyy was going aheadThe wait for Keir Starmer’s first session of the G7 gathering in Évian-les-Bains was undoubtedly awkward. A meeting about the future of Ukraine had been due to start at 9am but more than half an hour later, Donald Trump, Volodymyr Zelenskyy and Emmanuel Macron were nowhere to be seen.On a live Reuters feed, Starmer could be seen standing next to the leaders of Canada and Japan as they milled about making small talk. “Are they, are they having a meeting?” the British prime minister could be heard asking. If he was referring to the missing attenders, and they were indeed having a meeting, it was clear he hadn’t been invited. Continue reading...
The Guardian
1 day ago
Russian artist and Putin critic shot dead in Poland
Robert Kuzovkov, who used the pseudonym Semyon Skrepetsky, has been known for his caricatures of politicians including Vladimir Putin.
Bbc.com
1 day ago
From camel coats to guochao: Max Mara woos China’s luxury brand consumers
Fashion house pays tribute to Chinese style with its 75th anniversary catwalk show in Shanghai“New York may be the city that never sleeps, but Shanghai doesn’t even sit down.” For the British designer Ian Griffiths, who encountered this line in the New Yorker, it summed up why China’s biggest city was the right place to celebrate Max Mara’s 75th anniversary.“Max Mara is a product for metropolitan women, and it would be patronising to assume that a metropolitan wardrobe should be western-centric,” Griffiths said. Continue reading...
The Guardian
1 day ago
Zelenskyy’s clever play to win over Trump at G7 - The Latest
Donald Trump has urged Russia to ‘make a deal’ with Ukraine as the leaders of G7 countries meet on Tuesday and try to put the conflict back at the top of the agenda. European leaders are hoping to capture Trump’s attention for long enough to speak to him about Ukraine, with the US president’s focus more on the US-Israeli war against Iran. Nosheen Iqbal speaks to the Guardian’s Europe correspondent Jon Henley. Continue reading...
The Guardian
1 day ago
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