World
AI Summary
- Financial markets are grappling with significant volatility, evidenced by tumbling futures, declines in commodity and cryptocurrency values, and warnings of a looming credit destruction cycle, while gold sees increased investment interest.
- Geopolitical tensions and active conflicts persist globally, with ongoing hostilities in the Middle East and Ukraine, large-scale arms deals impacting regional balances, and international calls for adherence to humanitarian law amid widespread violations.
- Domestic political landscapes are experiencing notable shifts, including a reduced legislative majority in the US, heightened debates over corporate diversity policies, and the re-emergence of high-profile misconduct allegations affecting public and political figures.
- Major developments are accelerating in the space and artificial intelligence sectors, marked by potential consolidations among leading tech companies, increased regulatory approvals for space launches, and growing discussions surrounding AI's labor demands and intellectual property protection.
- Environmental and climate-related events are exerting substantial influence on industries and populations worldwide, from extreme weather impacting energy infrastructure and agricultural output to the long-term reshaping of global shipping routes due to Arctic ice melt.
ZeroHedge
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Futures Tumble As Plunging Metals And Bitcoin Spark Global Selloff, Margin Calls
an hour ago
by Tyler Durden
Futures Tumble As Plunging Metals And Bitcoin Spark Global Selloff, Margin Calls Stock futures slide extending Friday's rout, although are well off session lows, with aggressive unwinds across commodities and a crypto rout adding to the risk-off mood and sparking cross-asset margin calls. As of 8:00am ET, S&P 500 futures are down 0.4%, rebounding from a drop of as much as 1% earlier; Nasdaq futures drop 0.8%, also trimming the drop by half, and lag with focus on AI concerns a key theme for pre-market trading. European stocks were weaker in early trade but have since returned to a positive footing, Stoxx 600 is
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'Out Of Stock': As Lunar New Year Looms, AsiaPac Dip-Buyers Emerge In Gold
an hour ago
by Tyler Durden
'Out Of Stock': As Lunar New Year Looms, AsiaPac Dip-Buyers Emerge In Gold "I came to buy because the price of gold dropped today," said Ng Beng Choo, a 70-something retiree who arrived early in the morning at the headquarters of Singapore's United Overseas Bank (UOB), the city-state's only bank offering physical gold products to retail investors. Bloomberg reports that clients and walk-in buyers crowded into a dedicated lounge for bullion transactions. Overnight, after an initial puke (catch-down) in precious metals, gold prices are bouncing back, as it appears retail investors are 'buying the dip' across AsiaPac. The extent to which Asian investors buy
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Oil Prices Tumble 5% Amid Signs Of US-Iran De-escalation
2 hours ago
by Tyler Durden
Oil Prices Tumble 5% Amid Signs Of US-Iran De-escalation Authored by Tsvetana Paraskova via OilPrice.com, * Oil prices dropped by more than 5% on hopes that U.S.–Iran tensions may be easing. * President Trump suggested Iran is engaged in serious talks, dampening fears of military escalation. * Analysts said broader market weakness and election-year politics added to the downward pressure on crude. Oil prices slumped by 5% early on Monday from a five-month high at the end of last week, after the most recent tensions between the United States and Iran appeared to have eased. This morning, the Brent Crude international benchmark was
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SpaceX In Advanced Talks To Combine With xAI: Report
2 hours ago
by Tyler Durden
SpaceX In Advanced Talks To Combine With xAI: Report First Reuters and Bloomberg last week, and now Bloomberg reports again early Monday that Elon Musk's SpaceX is in advanced talks to combine with his artificial intelligence firm xAI. The move appears to be a consolidation, positioning Musk's empire for the "data centers in space" theme as Starship approaches commercialization. The financial media outlet says the potential SpaceX-xAI deal reporting is based on people familiar with the matter and has not been confirmed by Musk. > NEW IN: Elon Musk's xAI is reportedly in talks to merge with SpaceX ahead of a potential 2026
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FAA To Allow 44 SpaceX Starship Launches From Kennedy Space Center Per Year
2 hours ago
by Tyler Durden
FAA To Allow 44 SpaceX Starship Launches From Kennedy Space Center Per Year Authored by T.J. Muscaro via The Epoch Times (emphasis ours), The Federal Aviation Administration (FAA) will allow SpaceX to launch its behemoth Starship from Kennedy Space Center in Florida 44 times per year. SpaceX's mega rocket Starship is prepared for a test flight from Starbase, Texas, on May 26, 2025. AP Photo/Eric Gay That decision was released on Jan. 30 in an environmental impact report, which also recommended that the company conduct 88 landings: 44 for the Starship spacecraft and 44 for the Super Heavy booster. The FAA makes this recommendation while
The Guardian
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Weather tracker: Cyclone Fytia in Madagascar kills several people and floods homes
2 hours ago
by Maggie Shopova and Ed Walton for Met Desk
Madagascar, Environment, World news, Africa, Europe, Extreme weatherIsland’s first tropical storm of season may bring 150mm of rain – meanwhile, eastern Europe freezes with possible night-time lows of -30C At least three people have died and nearly 30,000 people have been affected by flooding after Madagascar’s first tropical storm of the season hit over the weekend. Tropical Cyclone Fytia formed to the north-west of Madagascar over the northern Mozambique Channel on Thursday. Continue reading...
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Israel agrees to limited reopening of Rafah border crossing in Gaza
2 hours ago
by Lorenzo Tondo and agencies
Gaza, Egypt, Israel, Middle East and north Africa, Palestine, World news, AfricaTens of thousands of ill and wounded Palestinians await evacuation as diplomatic efforts inch forward * Middle East crisis – live updates The Rafah border crossing between Gaza and Egypt has been reopened by Israel for a limited number of people on foot, as fragile diplomatic efforts to stabilise the conflict inch forward. Israeli forces took control of the Rafah crossing – Gaza’s only crossing not shared with Israel – in May 2024, describing it as necessary to prevent weapons smuggling by Hamas. The move isolated the territory, cutting off a critical lifeline for Palestinians seeking access to medical care, travel and
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International law meant to limit effects of war at breaking point, study finds
10 hours ago
by Dan Sabbagh Defence and security editor
War crimes, International law, International criminal justice, International criminal court, Law, Gaza, Democratic Republic of the Congo, Ukraine, Middle East and north Africa, Europe, Africa, World newsReport covering 23 conflicts over last 18 months concludes more than 100,000 civilians have been killed as war crimes rage out of control An authoritative survey of 23 armed conflicts over the last 18 months has concluded that international law seeking to limit the effects of war is at breaking point, with more than 100,000 civilians killed, while torture and rape are committed with near impunity. The extensive study by the Geneva Academy of International Humanitarian Law and Human Rights describes the deaths of 18,592 children in Gaza, growing civilian casualties in Ukraine and an “epidemic” of sexual violence in the Democratic
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More than 200 killed in coltan mine collapse in eastern DRC, officials say
3 days ago
by Reuters
Democratic Republic of the Congo, Africa, World news, MiningRubaya mine produces about 15% of the world’s coltan, which is processed into tantalum, used in mobile phones More than 200 people were killed this week in a collapse at the Rubaya coltan mine in eastern Democratic Republic of Congo, Lumumba Kambere Muyisa, a spokesperson for the rebel-appointed governor of the province where the mine is located, told Reuters on Friday. Rubaya produces about 15% of the world’s coltan, which is processed into tantalum – a heat-resistant metal that is in high demand by makers of mobile phones, computers, aerospace components and gas turbines. The site, where local people dig manually for
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Islamic State claims attack on international airport and airbase in Niger
3 days ago
by Eromo Egbejule in Lagos and agencies
Niger, Africa, World news, Islamic StateMotorcycle-riding militants launch strikes using heavy weaponry and drones, damaging planes belonging to Ivorian carrier and Togolese airline Islamic State in the Sahel has claimed responsibility for an audacious assault at the international airport and adjacent air force base in Niamey, the capital of Niger, according to the SITE Intelligence Group, which tracks jihadist activity and communications worldwide. The attack, which began shortly after midnight on Thursday, reportedly involved motorcycle-riding militants who launched a “surprise and coordinated” strike using heavy weaponry and drones, according to statements released via IS in the Sahel’s propaganda arm, Amaq news agency. Continue reading...
South China Morning Post
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Sarah Ferguson called Epstein ‘brother’ and ‘legend’, new emails reveal
2 hours ago
by Agence France-Presse
Sarah Ferguson, the ex-wife of Britain’s former prince Andrew, called late sex offender Jeffrey Epstein a “legend” and the “brother I have always wished for”, according to newly released documents. While the friendship between Andrew Mountbatten-Windsor – who was stripped of his royal titles last October – and Epstein has been in the spotlight for years, the latest emails released by US authorities appear to shine a new light on the extent of Ferguson’s ties. “I have never been more touched by a...
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As great powers bet on AI, what of the workforce holding it together?
2 hours ago
by Kavitha Yarlagadda
Artificial intelligence (AI) may look automated, but it runs on human labour. Behind every chatbot and image generator are thousands of people labelling images, tagging text, moderating content and training systems to understand language and culture. This invisible workforce has quietly become a critical layer of the global AI economy. India has emerged as a major hub for this work. Its large English-speaking workforce and long history in information technology outsourcing have made it a go-to...
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Gaza’s Rafah crossing sees ‘limited’ reopening Israel-Hamas ceasefire, but challenges remain
5 hours ago
by Associated Press
Gaza’s Rafah border crossing with Egypt reopened on Monday for limited traffic, a key step in the Israeli-Hamas ceasefire but a mostly symbolic development on the ground as few people will be allowed to travel in either direction and no goods will be going into the war-torn territory. Within the first hour of the opening, no one was actually seen crossing in or out of Gaza. An Egyptian official said 50 Palestinians would cross in each direction on the first day of the crossing’s operation. About...
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Trump vows to sue ‘dope’ Trevor Noah over Grammys joke linking him to Epstein island
6 hours ago
by Agence France-Presse
US President Donald Trump threatened legal action on Monday against the host of the 68th Grammy Awards over the comedian’s comment on the US president and convicted sex offender Jeffrey Epstein. After congratulating Billie Eilish for winning the Grammy for Song of the Year for her track “Wildflower”, host Trevor Noah brought up Trump and Epstein. “Wow. That’s a Grammy that every artist wants – almost as much as Trump wants Greenland,” he quipped, referring to the president’s threats to seize the...
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Costa Rica elects tough-talking right-winger for president
8 hours ago
by Agence France-Presse
Right-wing political scientist Laura Fernandez won Costa Rica’s presidential election on Sunday by a landslide, after promising to crack down hard on rising violence linked to the cocaine trade. Fernandez’s nearest rival, centre-right economist Alvaro Ramos, conceded defeat as results showed the ruling party far exceeding the threshold of 40 per cent needed to avoid a run-off. With 81.24 per cent of polling stations counted, the political heir of outgoing President Rodrigo Chaves had 48.94 per...
New York Times
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Rafah Crossing in Gaza Reopens, Another Step for Fragile Cease-Fire
2 hours ago
by Isabel Kershner and Bilal Shbair
Israel-Gaza War (2023- ), Rafah (Gaza Strip), Gaza Strip, Israel, Egypt, HamasIsrael and Egypt had disagreed for months about how to resume operations at the Rafah border crossing, which has been largely closed since May 2024.
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What to Know About the Rafah Border Crossing in Gaza
4 hours ago
by Ephrat Livni
Rafah (Gaza Strip), Gaza Strip, Palestinians, International Relations, Israel-Gaza War (2023- ), Defense and Military Forces, War Crimes, Genocide and Crimes Against Humanity, Hamas, Palestinian Authority, Supreme Court of Israel, Netanyahu, Benjamin, Israel, Egypt, internal-open-access-from-nlThe only crossing that connects Gaza with Egypt has reopened after nearly a year of closures. The move will allow residents to leave for medical care or return to homes and families in the territory.
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Epstein Victims Outraged Over Unredacted Info, and the Supreme Court Made Itself More Secretive
4 hours ago
by Will Jarvis and Ian Stewart
United States Politics and Government, Grammy Awards, Supreme Court (US), Epstein, Jeffrey E (1953- )Plus, big firsts at the Grammy Awards.
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How the Supreme Court Secretly Made Itself Even More Secretive
5 hours ago
by Jodi Kantor
United States Politics and Government, Courts and the Judiciary, Nondisclosure Agreements, Law and Legislation, Federal Courts (US), Supreme Court (US), Roberts, John G JrAmid calls to increase transparency and revelations about the court’s inner workings, the chief justice imposed nondisclosure agreements on clerks and employees.
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A 1987 Proposal Could Help Hold ICE to Account for Constitutional Violations
5 hours ago
by Adam Liptak
Federal-State Relations (US), United States Politics and Government, States (US), Suits and Litigation (Civil), Human Rights and Human Rights Violations, Immigration and Customs Enforcement (US), Amar, Akhil Reed, Amar, Vikram David, IllinoisA proposal in a 1987 law review article could address a gap that makes it all but impossible to sue federal officials for violating the Constitution.