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China confirms first AI talks with U.S. have taken place, hints at trade truce extension
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Judge lifts Trump ban on CNN, MS NOW, Politico from White House
A federal judge has ordered the White House to immediate reinstate access to CNN, MS NOW and Politico journalists, after President Donald Trump summarily banned them last Friday. U.S. District Judge Timothy Kelly of the D.C. Circuit, a Trump appointee, granted the news orgs’ motion for a temporary restraining order in the lawsuit they filed […]
Switzerland is keeping rates at 0% — for now
The Swiss National Bank held rates at 0% as low inflation and a strong franc enable it to diverge from other central banks, though markets expect hikes ahead.
Starbucks to shutter about 250 stores in latest round of cafe closures
Starbucks will close about 1% of its North American cafes in the latest stage of its turnaround.

UK interest rate rise ‘increasingly likely’ with high energy prices; inflation fears hit bonds – business live
BoE deputy governor cites risks from energy prices, as US 30-year bond yields hits highest since 2004 Newsflash: A Bank of England deputy governor is warning that interest rates will be raised, if necessary, to combat the risk of persistent inflationary pressures from higher oil prices. Clare Lombardelli is telling the Sixth Biennial Conference on Macroeconomic Policy in Warsaw that the energy shock due to the conflict in the Middle East is likely to keep pushing UK inflation higher in the coming months. Strong demand for AI components is already pushing up global export prices and weather-related shocks add upside risks. On the other hand, trade diversion is reducing inflation. The longer higher energy prices persist, the greater the risk that indirect effects build and that inflation expectations, wage bargaining and price-setting behaviour begin to adjust in response. On that basis, p
Trump, Xi expected to talk Taiwan, AI, trade and Iran as DC summit kicks off
Trump greeted China's Xi at Joint Base Andrews, his first time traveling to the facility to welcome a foreign leader.

Tom Watson’s move to Palantir is the latest sign of how far the rot has spread in UK politics | Clive Lewis
When a former Labour deputy leader joins a firm built on surveillance and military targeting, it deepens public cynicism – and democracy depends on trust Whatever is said about Tom Watson, the former deputy leader of the Labour party has a knack for landing headlines. In the past he did it at the expense of the rich and powerful – from News International, over phone hacking , to the Home Office, over its mass surveillance of our data . But his latest headline – that he has joined Palantir as a senior vice-president – has been at the expense of public confidence in the political class. His new appointment is more than just a private career choice. It sends yet another signal to a weary public about just how far the rot in our democracy has spread. Clive Lewis is the Labour MP for Norwich South Continue reading...