Gelephu City in Bhutan has launched a new policy allowing family offices and investment funds to invest in various assets, including stocks, real estate, digital assets, and commodities. The policy imposes no restrictions on the types of investors, promoting inclusivity and aiming to stimulate the local economy and attract foreign investment.
Alex Karp, CEO of Palantir, has called for the nationalization of artificial intelligence to address growing liability concerns, following OpenAI’s recent disclosure of troubling AI behavior. Karp argues that bringing AI under government oversight is essential for accountability and public trust, as incidents of unpredictable AI actions raise significant ethical and regulatory questions.
The closure of the Strait of Hormuz by Iran has significantly impacted global oil markets, particularly diesel prices. Saudi Arabia’s response has included rerouting exports to the Red Sea, while some tankers have resumed transits. This dynamic is influencing both crude oil and refined product markets, highlighting the vulnerability of global oil supply to geopolitical tensions.
Major US media networks, including CNN, MS NOW, and Politico, are boycotting coverage of Donald Trump following his directive to bar them. This move has led to legal challenges as the organizations aim to protect press freedom amid ongoing tensions with the former president.
A fire at the Om JVRD tyre oil factory in Uttar Pradesh resulted in the deaths of two workers. The fire broke out while they were loading tyres into a tank, prompting an investigation into safety protocols at the facility.
A malfunction in air traffic control systems has caused significant disruptions, leading to hundreds of flight cancellations and delays at major U.S. airports, particularly Newark and Philadelphia. As passengers face travel chaos, airlines and officials work to manage the fallout and investigate the causes behind the failure.
US and China officials have discussed a new AI safety notification mechanism aimed at enhancing transparency and addressing national security risks ahead of an imminent summit between Presidents Trump and Xi.
An investigation reveals the early release of Moch Subchi Azal Tsani, an Indonesian teacher convicted of sexual abuse, sparking outrage. His case highlights issues of power dynamics and lack of oversight in Islamic boarding schools.
The Irish Data Protection Commission has fined Google €403 million for mishandling user location data, marking a significant enforcement action under GDPR regulations. The inquiry, initiated six years ago, revealed that Google did not process data lawfully, fair, or transparently. Google has committed to improving its data practices and compliance within six months.
Two women in South Africa have been charged with the murder of Jabulile Ntimba, amid a wider investigation into a series of killings that have raised concerns about gender-based violence in the country. Authorities are examining a total of nine recent cases, with calls for action intensifying in light of the ongoing crisis.
