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Trump says US will not ‘waste our time’ helping Argentina if Milei loses
Posted onPresident Donald Trump has acknowledged that a $20bn (£15bn) US lifeline to help calm Argentina’s currency crisis is an attempt to sway elections this month in the South American nation. Welcoming Argentina’s libertarian leader Javier Milei to the White House, Trump warned that the US would not “waste our time” with helping Argentina if Milei’s…
Ofcom urged to use banning powers over X AI deepfakes
Posted onThe government has urged the regulator Ofcom to use all its powers – up to and including an effective ban – against X over concerns about unlawful AI images created on the site. Ofcom’s powers include the ability to obtain a court order to prevent third parties from helping the Elon Musk-owned platform from raising…
Judge blocks probe of Federal Reserve in victory for bank
Posted on“This process has been arbitrarily undermined by an activist judge,” Pirro said at a fiery press conference responding to the decision, which quashed subpoenas – orders to compel someone to give testimony – from her office seeking information from the bank about cost overruns at renovations of its offices.
Impact on JLR supply chain might last months – chief executive
Posted onIt could take months before the benefits of Jaguar Land Rover resuming production filters down to the supply chain, a chamber of commerce said. JLR has said it would resume some production in the “coming days” after a cyber-attack forced the carmaker to suspend operations. At the weekend it emerged the government will underwrite a…
Betfred says all its shops may close if Reeves hikes gambling tax
Posted onAll 1,287 Betfred shops could disappear from the UK High Street if Chancellor Rachel Reeves hikes taxes on gambling firms, the company’s co-founder and chairman has told the BBC. Fred Done, who set up Betfred in 1967 with his brother, said a closure of that size would put 7,500 jobs at risk. The billionaire businessman…
