Global bond sell-off intensifies as US-Iran tensions stoke inflation fears
UK borrowing costs driven up, adding to challenges facing John Healey as he prepares for first budgetBusiness live – latest updatesThe global government bond sell-off resumed on Wednesday, driving up the UK’s borrowing costs and exacerbating the challenges facing John Healey as he prepares his first budget.The yield – effectively the interest rate – on 10-year UK government bonds, or gilts, jumped to just below 5.3% in early trading: its highest level since mid-2008. Continue reading...
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The Sahel and the UN: a smaller footprint, a different role | Conflict News
• The United Nations is shifting its strategy in the Sahel region toward diplomacy and humanitarian aid as the 81st UN General Assembly begins. • The UN Office for West Africa and the Sahel (UNOWAS) now operates as a special political mission focused on mediation and conflict prevention rather than a peacekeeping operation with troops.
Read original · aljazeera.comWorld leaders address climate crisis before UN meet amid record-breaking El-Niño | Climate crisis
• Prime ministers from Australia and Iceland addressed the global climate crisis ahead of a United Nations meeting. • These leaders discussed the specific environmental impacts on their nations while other world leaders avoided the issue due to inflation and war.
Read original · theguardian.comUN Assembly convenes amid widening conflicts, chaos, 'trust deficit' - The Korea Times
• World leaders are gathering in New York for the 81st annual United Nations General Assembly to address widening global conflicts and a trust deficit. • Some actors are controlling fuel and food supplies to create scarcity and increase costs on a global scale.
Read original · koreatimes.co.kr
The Korea TimesWorld Leaders Converge On NY For 81st UNGA To Tackle Conflicts & AI Governance; Pakistan To Push For Dispute Resol - UrduPoint
• World leaders gathered in New York on Tuesday for the 81st UN General Assembly to begin high-level debates on global crises and governance. • The agenda focuses on regulating artificial intelligence, addressing climate change, and managing conflicts in Ukraine, Sudan, and the Middle East.
Read original · urdupoint.com
UrduPointUN General Assembly Opens With Wars, AI Risks and Institutional Reform in Focus - NewsLooks
• World leaders are gathering for the UN General Assembly to address ongoing wars, the risks of artificial intelligence, and the need for institutional reform. • The organization continues to manage humanitarian relief, refugee assistance, peacekeeping, and diplomacy.
Read original · newslooks.com
NewsLooksWorld leaders to meet at UN amid wars, global crises
• World leaders will gather for the UN General Assembly to discuss global crises and ongoing wars. • Israel's Prime Minister Benjamin Netanyahu is scheduled to speak on Thursday, while the US denied a visa to Palestinian President Mahmoud Abbas.
Read original · thehawk.in
The HawkEU spends three times more on imports from China than bloc exports there
Study shows trade deficit ran at more than €1bn a day in July, days before Xi Jinping’s summit with Donald TrumpBusiness live – latest updatesConsumers and businesses in the EU are spending three times more on Chinese imports than their counterparts in China are buying from the bloc, a study has shown.Customs data showed the gap between the EU’s imports from China and exports to China, the trade deficit, ran at more than €1bn (£860m) a day in July. Continue reading...
Read original · theguardian.comPiers Morgan says he will sue Earl Spencer over ‘fabricated inaccuracies’
Broadcaster refutes memoir claim that he was behind alleged hidden-camera gym photos of Diana, Princess of WalesPiers Morgan has said he will sue Earl Spencer over “fabricated inaccuracies” and “examples of brazen falsity” in his book about the late Diana, Princess of Wales.The earl has made a series of claims in Swan Song: Diana, My Sister – including that King Charles said “we’ll forget her soon enough” after she died, which has prompted a war of words between him and Buckingham Palace. Continue reading...
Read original · theguardian.comGeorge Osborne says datacentre nimbys holding back Britain
Former chancellor, now senior figure at OpenAI, says UK needs datacentres to maintain ‘sovereignty’ over AI techUK politics live – latest updatesDatacentre nimbys are holding Britain back, George Osborne has said in reaction to nationwide protests about the giant water-and-energy guzzling structures.The Tory former chancellor is now the head of AI for countries at OpenAI, an artificial intelligence company and the developer of ChatGPT. His job is to represent the company to governments around the world, and he also has a role in enabling the building of datacentres and other infrastructure. Continue reading...
Read original · theguardian.comFirst Thing: News outlets suspend coverage of Trump in escalating media access row
President’s decision to ban three news organisations from White House prompts backlash from major US news outlets. Plus, an incredible new resource to help trace the history of enslaved people in the 19th centuryGood morning. The row over media access to the presidency has deepened, with major US television news outlets agreeing to suspend their video coverage of Donald Trump after the administration banned journalists from several outlets from entering the White House grounds.The president had abruptly announced his ban against CNN, MS Now and Politico, saying he had had enough of “purposely negative stories” about him. On Monday the ban against CNN meant no broadcaster was covering Trump’s midday ribbon-cutting for a new White House helipad. The White House provided its own livestream but the president’s remarks were inaudible over the sound of a helicopter’s engine.How have CNN, MS Now and Politico responded to the ban? A lawsuit seeks a temporary restraining order that would immediately lift the ban. In a statement, the organizations said: “We are filing a lawsuit today to protect our first amendment rights and defend the principle that the government does not decide what the press reports or publishes.”What other significant media developments have there been? Paramount has reached a settlement with California and several other states that sued over its proposed $81bn merger with Warner Bros Discovery (WBD), the California attorney general announced, clearing the way to consolidate some of Hollywood’s most recognizable TV networks and studios under one owner.What else is Trump expected to say at the UN? The US ambassador to the UN said Trump would speak about how he had “confronted complex problems head-on around the world”. Our writer Robert Tait notes in this analysis, however, that thanks to Trump’s recent social media blitz and self-proclaimed “25 top achievements”, the chances of an uplifting speech appear slim. Continue reading...
Read original · theguardian.comWhy the CDC is excluding measles deaths in Pennsylvania even as outbreak appears to be ‘accelerating’
Centers for Disease Control and Prevention refuses to count four measles deaths in the state though doctors are ‘seeing new forms’ of diseaseThe US Centers of Disease Control and Prevention (CDC) updated its measles dashboard on Friday – but it’s still not counting four measles deaths in Pennsylvania, where the outbreak appears to be accelerating and cases are appearing in ways providers have never seen before.Members of Congress on Monday requested an “immediate briefing” on the decision to change how measles deaths are reported as cases continue to rise throughout the United States, reaching levels not seen in decades. A possible measles exposure was reported in the neonatal intensive care unit (NICU) at Children’s Hospital of Philadelphia last week. Continue reading...
Read original · theguardian.comTrump set to address UNGA with Middle East and Ukraine on agenda – US politics live
President also due to hold meetings with 11 world leadersSign up for US Breaking News emailsHello and welcome to the US politics live blog.Donald Trump is expected to start the day with a speech to assembled delegates at the UN General Assembly, before meeting with no fewer than 11 world leaders, bilaterally or in group settings.The major US television news outlets agreed to suspend their video coverage of Donald Trump after the administration banned journalists from several outlets from entering the White House grounds. Newsrooms including the New York Times and the Washington Post also decided to hold off on publishing or distributing still photographs taken as part of the White House pool coverage on Monday until midnight as part of the collective effort. More here.The barred outlets – CNN, MS Now and Politico – sued the administration on Monday, saying the president’s actions were a violation of their first amendment rights. The parties are seeking a temporary restraining order that would immediately lift the ban – and return access for the journalists – while the case plays out. More here.Trump is bracing for a loss in the lawsuit brought by the three media organizations, as he considers that the judge presiding over the case – his own appointee – previously ordered the White House to restore credentials for journalist Jim Acosta. “In other words, almost without question and, as usual, we’ll go for appeal,” he wrote on Truth Social.Trump said that he hoped Zohran Mamdani would be a “great mayor” for New York, an unusually warm assessment of the democratic socialist leader whom the president and his Republican allies have spent months holding up as a symbol of the Democratic party’s alleged embrace of “communism” ahead of the November midterms. More here.The Venezuelan man who was shot by a federal immigration officer in Texas on Sunday spoke out from detention on Monday afternoon when he was able to call his lawyer, in the middle of a press conference, and plead for better medical care. Wilber Rafael Garcés Pérez, 28, was taken from a hospital in Austin into Immigration and Customs Enforcement (ICE) detention, even though he apparently still has a bullet lodged near his spine and is in much discomfort. More here.Lauren Boebert, the firebrand Republican subject of a House ethics complaint that she had sex with three staff members, and paid one to keep quiet, has said the allegations are untrue – and part of a “politically motivated” campaign against her. More here. Continue reading...
Read original · theguardian.com
