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Trump reverses threat of 20% fee on Hormuz cargo as US prepares to resume Iran ports blockade. Iran turns to Red Sea gateway as new pressure point—AND MORE
BBC: On Monday, the US president said he would impose a 20% charge on all cargo shipped through the key oil shipping route The toll…
CANADA
🔦SPOTLIGHT
WORLD
AI lawsuits expose gaps in conventional insurance, says report
Financial Times: A report by the Artificial Intelligence Underwriting Company, co-authored with researchers from Anthropic and OpenAI, says…
DeepMind chief Demis Hassabis calls for US-led body to test ‘frontier’ AI models
Financial Times: “We’ve already seen the challenges frontier models pose for cybersecurity, and other threats including nuclear and bio risks…
RIP the US state department
Financial Times: Diplomats warn of a crude politicisation and a purge of experts in an “America First” culture that scorns regional expertise.…
US military smartphones targeted through roaming and ad tech
Financial Times: Middle Eastern mobile networks were repeatedly hit with cyber attacks to track the locations of US personnel and contractors…
Trump says Thursday address will focus on ‘free and fair elections’
CNN: “But it’s really big news,” he continued. “It’s really, really big news, and our country has to shape up.” “It doesn’t get bigger because…
E. Jean Carroll officially receives more than $5M from Trump in sexual abuse, defamation judgment
CNN: The transfer to Carroll’s attorneys was confirmed on the court docket Tuesday. Carroll’s lawyers said in a court filing that she would…
US refunds $81bn in Trump tariffs after supreme court ruled them illegal
The Guardian: According to the budget data, the US has paid out $81bn (£61bn) in tariff refunds so far this fiscal year, which started in…
EU sanctions Russian cyber spies for years-long hacking
Politico Europe: The European Union on Monday blacklisted members of a Russian intelligence group it said were responsible for spying on and…
Dubai plans new port to bypass Strait of Hormuz
Financial Times: DP World is planning to build a new port and a container terminal on the United Arab Emirates’ east coast that would reduce…
Kathryn Ruemmler gigs in at Goldman, complicating search for next General Counsel
Wall Street Journal: Ruemmler has been vetting candidates for her old job and has left some people with the impression that the acting general…
Japan builds intelligence agency it hasn’t had since World War II
New York Times: Facing threats from Russia and China, Prime Minister Sanae Takaichi is turning to help from Western allies in forming a…
EU moves towards social media ban for children
Financial Times: Von der Leyen said she was considering a “harmonised EU-wide delay to social media” for under-13s, unless under parental or…
Court revives lawsuits tying Tylenol use in pregnancy to autism and A.D.H.D.
New York Times: A federal appeals court overruled a district court judge who dismissed the lawsuits, citing unreliable scientific evidence…
Knives out at US Supreme Court as justices’ squabbles go public
Financial Times: The hardening of ideological lines at the once collegial top court could have profound consequences for public support of the…
Companies turn to Chinese AI models to cut costs
Financial Times: DoorDash, Siemens and Airbnb are among the groups that have adopted AI tools built in China, drawn by models that are…
Ex-Palantir executive to build ‘sovereign’ British AI tech
Telegraph: Valarian’s technology is designed to let companies maintain complete control over how their data are stored, providing a “secure…
12 states sue to block Paramount Skydance from buying Warner Bros.
Washington Post: The Democratic attorneys general allege that the deal, which would create a news and entertainment behemoth, violates…
Volkswagen chief confirms plan to cut 50,000 more jobs
Financial Times: VW’s supervisory board met on Thursday where its directors failed to agree on the radical staff reduction plans owing to…
Trump’s sons invest heavily in defense tech as father’s admin pours money in
Washington Post: Most of the investments have taken place since Trump was elected president for a second time. The companies have collectively…
US judge voids Trump’s $1.8bn settlement with IRS that gave him immunity from tax audits
BBC: Williams wrote the lawsuit “was never about a party seeking judicial resolution of a legal issue or a factual dispute” between Trump and…
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Must Read
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Trump reverses threat of 20% fee on Hormuz cargo as US prepares to resume Iran ports blockade. Iran turns to Red Sea gateway as new pressure point—AND MORE
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Trump reinstates Iran port blockade and imposes 20% charge on cargo passing through Hormuz. Israel’s secret operation to cultivate Ahmadinejad—AND MORE
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US unleashes biggest round of strikes on Iran in weeks as tensions boil over in Hormuz. Strait open or closed?—AND MORE
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Supreme leader calls for revenge in new message as Trump threatens Iran in overnight post. Nuclear deal unlikely, senior U.S officials confide—AND MORE
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Trump again declares ceasefire over but says US has agreed to talks with Iran. Israel shared intelligence with US of Iranian plot to assassinate Trump—AND MORE
