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Developing nations face triple shock from energy crisis, El Niño and borrowing costs, UN warns
Source: The Guardian
Original reporting
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The Guardian2 outlets
‘We need less point scoring’: What party conference season taught us about UK climate action
Tories plan to scrap low-carbon housebuilding, Greens back new nuclear reactors, and Labour put oil-drilling decisions on hold New homes could be built without solar panels, heat pumps and high-grade insulation, leading to higher household bills if the Conservative party wins the next general election. Kemi Badenoch made scrapping the future homes standard (FHS) one of the central planks of her bid to become the next prime minister at the Tory party conference this week. Continue reading...
The Guardian
‘You have a meeting’: the calendar phishing scam growing exponentially
Appointment or renewal reminder appears in victims’ calendar to lure them into logging in to fake Google, Microsoft or PayPal page You’re preparing for the week ahead and take a look at your Google calendar. There’s an entry for a meeting that you must have completely forgotten. The note that pops up when you click on it says you’ll be reviewing a project and includes a link to more details. Confused, you follow it to find out more; the website you land on asks for logon details, and you provide them. Unfortunately, this was not a failure of your memory but a calendar phishing scam. You have handed your name and password to fraudsters who will sell it on in a batch with other people’s details, use it to break into your work email, or to persuade you that they are contacting you from your bank , or another institution. Continue reading...
CNBC
Microsoft's Nadella says AI needs an ‘emergency brake’ that humans control
Nadella joined other tech moguls and researchers in calling for stronger safeguards and, in some cases, for the pacing of frontier development.
The Guardian
Why we’re stuck with a Premier League in the clutches of the global mega-rich | Jonathan Wilson
There’s little prospect of the model changing in a country that welcomes wealthy international owners with open arms Football, the world’s most popular sport, played by laws drawn up in London in 1863. The Premier League is the UK’s greatest soft power export. Premier League clubs are owned by a deputy prime minister of Abu Dhabi, the public investment fund of Saudi Arabia, a billionaire based in Monaco for tax reasons and a disappointing assortment of investors and private equity funds. And what, really, could be more British than that? Football truly is the national game. What the Manchester City case has exposed is just how difficult it is to regulate some of the richest and most powerful bodies in the world. While the wait for the verdict was frustrating, it’s perhaps unavoidable given the possibility of legal objection at every turn when a leaked email from City’s in-house lawyer du
CNBC
Stocks saw new highs and big declines: How the volatile AI trade moved last week's market
Looking to balance out our AI exposure, we put more of our sizable cash pile to work.
CNBC
JPMorgan makes bullish call in fixed income space, suggests it's a once in a generation opportunity
Why Priya Misra, a portfolio manager at the firm, is looking to take credit risk in high-quality companies.