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China accuses US of ‘double standards’ over tariff threat
Donald Trump’s latest threat to impose an additional 100% tariff on Chinese goods is “a typical example of US double standards”, China’s government has said. A Commerce Ministry spokesperson also said China could introduce its own unspecified “countermeasures” if the US President carries out his threat, adding it was “not afraid” of a possible trade…
Regulating AI not the right place to start says Bank of England governor
The Governor of the Bank of England has said regulating artificial intelligence (AI) “is not the right place to start” but instead called first for “rigorous” testing to find vulnerabilities and create safeguards to contain risk. Writing his first-ever article for Substack, Andrew Bailey said the risks around AI were “real and increasingly significant”. He…
How Iran war laid bare the worlds reliance on Gulf oil and gas
Since the conflict began, the price of oil has soared and is currently trading at over a third higher at $100 a barrel, pushed up by air strikes on shipping and energy infrastructure, and the effective closure of the Strait of Hormuz, a vital waterway for energy shipments, which carries a fifth of global oil…
Jersey upfront childcare payments simplifies the system
BBC Deputy Rob Ward said the new childcare payments system provided “flexibility” for parents Jersey’s education minister has defended a new scheme that allows parents to claim back childcare costs for toddlers. From next month any parent regardless of income or working requirements will be able to apply to claim up to £6,270 per school…
Trump renews threat to impose 100% tariffs on non-US made movies
Donald Trump has repeated his threat to impose a 100% tariff on all films not made in the US, claiming the American industry had been “stolen” by other countries. He said on Monday that California had been heavily affected and the levy would “solve this long time, never ending problem”. In May, the US president…
