Australia’s federal government has today launched a proposed set of mandatory guardrails for high-risk AI alongside a voluntary safety standard for organisations using AI. Each of these documents offer ten mutually reinforcing guardrails that set…
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By Sebin Choi and Daewoung Kim SEOUL (Reuters) – More than 30,000 protesters gathered in South Korea’s capital in broiling heat on Saturday, demanding more aggressive action by the government to combat global warming. With…
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The UK government has announced a proposal that would give workers the right to request a four-day working week. On the surface, it appears to be a bold step. It responds to demands – intensified…
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The Australian government this week released voluntary artificial intelligence (AI) safety standards, alongside a proposals paper calling for greater regulation of the use of the fast-growing technology in high-risk situations. The take-home message from federal…
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(Reuters) – Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases starting from December instead of October, the bank said in a note on Friday. OPEC+…
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A study of 160 countries, spanning 60 years of economic history, establishes that there is no country that has been able to transition from “poor to prosperous” without a high savings rate. And that households…
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Have you ever wanted to make a $150,000 gamble? If you’re right, you open a new window to the universe. But if you’re wrong, you’ve just wasted a lot of money and time. That is…
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By Darya Korsunskaya (Reuters) – Russia’s economy ministry has revised up its 2024 forecasts for export sales of oil and gas, key sources of budget revenues, by $17.4 billion from the previous estimate to $239.7…
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For the past 11 years the South African government has pursued a policy of austerity. In recent years, government has reduced per capita spending (adjusted for inflation) by significant amounts. Spending on public services, for…
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Data collected by the European Central Bank (ECB) is pointing towards a September rate cut, board member Piero Cipollone told Le Monde on September 4. Although he did not commit to a monetary policy path,…
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