World
AI Summary
- US Senate enacts a four-year ban on a Fed Central Bank Digital Currency (CBDC), signaling regulatory caution around digital currency adoption.
- Meta advances its AI wearable technology with new smart-glasses, intensifying the competition in the augmented reality and AI hardware market.
- US manufacturing experiences a significant upswing, reaching a 49-month high, coupled with indications of easing input costs.
- Global markets experience a sharp downturn, with tech stocks leading the decline, following news from Korean memory stocks and broader economic concerns.
- Europe grapples with an unprecedented heatwave, leading to tragic drownings and strain on critical infrastructure, highlighting the growing impact of climate change.
ZeroHedge
-
US Senate Passes Housing Bill With Four-Year Fed CBDC Ban
33 minutes ago
by Tyler Durden
US Senate Passes Housing Bill With Four-Year Fed CBDC Ban Authored by Micah Zimmerman via BitcoinMagazine.com, The U.S. Senate passed a sweeping housing affordability bill Monday night — and tucked inside its pages is a provision that could permanently reshape America’s digital currency landscape: a formal ban on a Federal Reserve-issued central bank digital currency through the end of 2030. The 21st Century ROAD to Housing Act cleared the Senate 85-5, with Republican leaders insisting the CBDC restriction ride along with one of the most bipartisan bills in years. The House was poised to fast-track a vote as early as
-
The Burden Of History: Justice Jackson's Curious Call To Overturn Critical 2nd Amendment Precedent
an hour ago
by Tyler Durden
The Burden Of History: Justice Jackson's Curious Call To Overturn Critical 2nd Amendment Precedent Authored by Jonathan Turley , Since her confirmation in 2022, Justice Kentaji Brown Jackson has established a legacy that is fast becoming one of the most radical in the Court’s history . Her sole dissents have drawn sharp criticism from both her conservative and liberal colleagues. However, for critics of some of these decisions, Justice Jackson continues to publish opinions that are not just, as she describes it, cathartic but chilling. Worse yet, the latest judicial jump scare was shared by her colleague, Justice Sonya Sotomayor,
-
Trump Privately Told Zelensky To Act 'More Boldly' Toward Russia: Ukrainian Media
2 hours ago
by Tyler Durden
Trump Privately Told Zelensky To Act 'More Boldly' Toward Russia: Ukrainian Media While the globe's attention has been fixated on efforts to finally achieve US-Iran peace, based on negotiations in Switzerland, the Russia-Ukraine war has been quietly (or not so quietly) heating up, as evidenced in the increasingly brazen Ukrainian drone attacks on Moscow and Crimea. A slew of Ukrainian publications on Tuesday are reporting that this is in large part due to a White House greenlight to bring the war to Russian territory , in order to finally get significant concessions from Moscow, after over four years of grinding
-
Average 2Y Auction Stops Through, Has Highest Yield Since Jan 2025
2 hours ago
by Tyler Durden
Average 2Y Auction Stops Through, Has Highest Yield Since Jan 2025 In the week's first coupon auction, moments ago the Treasury sold $69BN in 2Y notes at a high yield of 4.189%, up from 4.071% and the highest yield since January 2025; the auction also stopped through the When Issued 4.192% by 0.3bps, the biggest through since January. The bid to cover was perfectly average at 2.643, unchanged from last month's 2.640 and right on top of the recent average of 2.61. Internals were a bit on the weak side, with Indirects awarded 55.45%, down from 57.60% and the lowest
-
Kuwait Offers Gulf Oil Loadings In Ports Deep In Persian Gulf As Producers Seek Hormuz Outlet
2 hours ago
by Tyler Durden
Kuwait Offers Gulf Oil Loadings In Ports Deep In Persian Gulf As Producers Seek Hormuz Outlet Submitted by Tsvetana Paraskova of OilPrice.com Kuwait is offering naphtha for loading at its ports deep into the Persian Gulf in the first such tender in months, as Middle Eastern oil producers seek to raise shipments through the Strait of Hormuz. State-held Kuwait Petroleum Corporation (KPC) has issued a tender to sell naphtha cargoes to be picked up at Kuwaiti ports by buyers , Bloomberg reported on Monday, quoting a tender document it had seen. The Kuwaiti tender is a sign that the Gulf
The Guardian
-
Kenyan minister orders halt to construction of US Ebola facility
6 hours ago
by Rachel Savage and agencies
Ebola, Kenya, Africa, Trump administration, Democratic Republic of Congo, US news, World newsDecision comes after Aden Duale was held in contempt for ignoring previous high court ruling to stop work Kenya’s health minister told a court he had ordered preparations for a US-run Ebola quarantine facility to stop, after being held in contempt for ignoring a previous order to end work. Many Kenyans strongly oppose the facility , with deadly protests erupting since the complex was announced in May for US citizens evacuated from the Democratic Republic of Congo, which is grappling with a widespread Ebola outbreak . Continue reading...
-
UK prioritised ties with UAE over averting mass atrocities in Sudan, MPs to be told
6 hours ago
by Mark Townsend
Global development, Sudan, Conflict and arms, UK news, Foreign, Commonwealth and Development Office, World news, Politics, Africa, Middle East and north Africa, War crimes, International law, Law, Foreign policy, House of Commons, Human rights, Ethiopia, United Arab EmiratesForeign Office failed to act on warnings of genocide due to ‘pressure’ from emirates, Yale human rights investigator will tell a parliamentary select committee The British government had received intelligence that Ethiopia appeared to be supporting a genocidal militia in Sudan’s civil war as far back as 2024 but did not go public with the news for fear of upsetting the United Arab Emirates (UAE), a parliamentary committee will hear. In May 2024, officials from the Foreign, Commonwealth and Development Office (FCDO) told Nathaniel Raymond , an American human rights investigator at Yale University, that “significant private pressure” from the
-
Sweat, tears and camaraderie as 20,000 runners take on world’s largest ultramarathon
2 days ago
by Rachel Savage in Durban and Pietermaritzburg. Photographs by James Oatway
South Africa, Ultrarunning, World news, Africa, SportFor one day every June, South Africa’s searing racial inequality seems to melt away at Comrades race In the early morning dark, thousands of runners waited, jostling with anticipation. South Africa’s national anthem rang out. Then the haunting swell of Shosholoza , first sung by Zimbabwean migrant workers in South Africa’s goldmines. Finally, that unmistakable, spine-tingling piano: Chariots of Fire. Runners gather before the start of the marathon Continue reading...
-
Ghana conference calls for formal apology for transatlantic slave trade
4 days ago
by Carlos Mureithi in Accra
Reparations and reparative justice, Ghana, World news, Africa, Colonialism, CaribbeanGlobal framework for reparatory justice adopted at event includes demand for compensation and debt relief More than money: the logic of slavery reparations A global framework for reparatory justice has been adopted at a conference in Ghana, as African and Caribbean leaders demanded formal apologies from countries that benefited from the transatlantic slave trade. Heads of state and government and other officials formally approved the strategy on Friday at a gathering in a hotel in the capital, Accra, which was the first major meeting since the adoption of the landmark United Nations (UN) resolution declaring the trafficking of enslaved Africans
-
CDC to tap $107m in emergency funding for Ebola response in DRC and Uganda
5 days ago
by Jessica Glenza
Trump administration, Ebola, Democratic Republic of the Congo, Uganda, Infectious diseases, Health, US news, AfricaNumber of people infected now tops 1,000 though health officials say the global risk remains low Sign up for the Breaking News US newsletter email The Centers for Disease Control and Prevention (CDC) will tap $107m in emergency funding for Ebola outbreak response in the Democratic Republic of the Congo ( DRC ) and Uganda , officials said on Thursday. The continued Ebola outbreak in the DRC comes as Canada, Mexico and the US jointly host the Fifa World Cup , attracting visitors from around the world. The officials said the outbreak, now the third largest on record, required “strong
South China Morning Post
-
Ransom note says Nancy Guthrie is dead, prompting plea from daughter Samantha
28 minutes ago
by Associated Press
Today show host Savannah Guthrie made an emotional appeal to viewers on Tuesday to come forward with any information about her missing mother, a day after news organisations said a ransom note received months ago had indicated that she was dead. “We are in agony, and we cannot be at peace … We love our mum. We’ll never stop looking for her,” Guthrie said at the Today desk in New York, holding a tissue in her left hand. Nancy Guthrie, 84, who lived alone, was reported missing from her Tucson-area...
-
Pummelled by Ukraine, Russia says US hasn’t delivered on Trump-Putin ‘understandings’
an hour ago
by Reuters
Russia has accused the US of failing to deliver on “understandings” reached between presidents Vladimir Putin and Donald Trump at a summit in Alaska last August, a shift that suggests growing frustration in Moscow. In the space of three days, three senior Russian officials have said, without providing specifics, that Washington has not followed through. Their comments follow an intensification of Ukraine’s drone strikes deep inside Russia – including two attacks last week on a Moscow oil...
-
Trump touts Iran inspection deal as Tehran disputes terms
2 hours ago
by Dewey Sim,Mark Magnier
US President Donald Trump on Tuesday insisted that Iran has agreed to “highest level” nuclear inspections even as Iranian officials disputed his claim, exposing how much remains contested even with a tentative agreement in place. “Despite their protestations and false statements to the contrary … Iran has fully and completely agreed to highest level Nuclear inspections long into the future (Infinity!!!),” Trump wrote on social media on Tuesday morning. “This will insure ‘Nuclear Honesty.’ If...
-
Russia considers fuel imports amid Ukraine’s strikes on refineries: newspaper
5 hours ago
by Reuters
Russia is considering fuel imports and corresponding subsidies to cap prices as ways to mitigate supply disruptions of petrol and diesel caused by Ukrainian strikes on oil refineries, Vedomosti daily reported on Tuesday, citing two unnamed sources. Numerous regions across Russia, the world’s third-largest crude oil producer, have reported restrictions on fuel sales, rising prices of oil products and long queues at filling stations due to supply shortages. Apart from supplying crude oil...
-
Anxious West seeks to rewrite global trade rules to counter China
6 hours ago
by Wang Huiyao
At the recent Brussels summit, the leaders of all 27 European Union states called on the European Commission to expand the bloc’s trade defence toolbox against “global macroeconomic imbalances”, widely understood to refer to China’s so-called overcapacity. Measures under discussion include mechanisms for sector-wide tariffs and other restrictions in industries such as chemicals and green technology. Europe, long a critic of Washington’s Section 301 tariffs, is now considering instruments that...
New York Times
-
As Chinese Tech Pulls Ahead, U.S. Fears It Will Become Dependent
an hour ago
by Ana Swanson
Factories and Manufacturing, United States International Relations, Communist Party of China, Contemporary Amperex Technology Ltd, Trump, Donald J, China, United States, Batteries, Electric and Hybrid VehiclesChinese firms have some of the world’s most advanced technology. But U.S. officials say relying on it could come with a downside.
-
China Takes Supercomputer Crown From U.S. For First Time Since 2017
10 hours ago
by Don Clark
Artificial Intelligence, Supercomputers, Computer Chips, International Relations, Innovation, Cloud Computing, Computers and the Internet, ARM Holdings PLC, Arm Ltd, NVIDIA Corporation, Advanced Micro Devices Inc., Dongarra, Jack, Shenzhen (China)A supercomputer in Shenzhen was declared the world’s fastest. It uses only standard microprocessors and not the special-purpose chips called graphics processing units.
-
The Iran War’s Persistent Threat to Farmers in Poor Countries
an hour ago
by Peter S. Goodman and Finbarr O’Reilly
US and Israeli Attack on Iran (2026), Ivory Coast, Cocoa, Agriculture and Farming, Fertilizer, Abidjan (Ivory Coast), Prices (Fares, Fees and Rates), Food, Developing Countries, International Relations, Oil (Petroleum) and Gasoline, International Trade and World Market, War and Armed Conflicts, Pesticides, Inflation (Economics), Poverty, United Nations Development Program, Iran, Israel, Strait of Hormuz, United StatesA reopening of the Strait of Hormuz would do little to swiftly ease the pain inflicted by higher prices for fertilizer, food and fuel in Ivory Coast.
-
Supreme Court Bars Rastafarian Man From Suing Prison Guards for Shaving His Dreadlocks
40 minutes ago
by Ann E. Marimow
Religion-State Relations, Federal-State Relations (US), Suits and Litigation (Civil), Decisions and Verdicts, Law and Legislation, Prisons and Prisoners, United States Politics and Government, Compensation for Damages (Law), Hair, Freedom of Religion, Human Rights and Human Rights Violations, Rastafarianism, Prison Guards and Corrections Officers, Louisiana, Supreme Court (US)Damon Landor, a Rastafarian, tried to sue Louisiana prison officials for violating his religious rights.
-
Supreme Court Rejects Lawsuit Claiming Cisco Systems Helped China Target Falun Gong
2 hours ago
by Abbie VanSickle
Politics and Government, Human Rights and Human Rights Violations, Law and Legislation, Suits and Litigation (Civil), Decisions and Verdicts, Alien Tort Statute (1789), Censorship, Surveillance of Citizens by Government, Cisco Systems Inc, Communist Party of China, Falun Gong, Supreme Court (US)The court’s decision could have broader implications for whether companies can be held liable for aiding in international human rights abuses.