Newsletter Aug 10, 2023

41 migrants missing after new Mediterranean shipwreck

Forty-one migrants including three children are feared dead after being shipwrecked last week in the Mediterranean, UN agencies said, citing four survivors brought to the Italian island of Lampedusa Wednesday.

Oil prices rise to multi-month highs; mixed day for global stocks

Oil prices rose to a multi-month peak Wednesday in the wake of OPEC supply cuts while global stocks were mixed following disappointing China data.

Immigration Enforcement increases fines and proposes new refugee deportation plan

The Home Office continue to target migrant workers, asylum seekers and refugees by implementing increased penalties and fighting for the Rwanda bill.

Britain and Turkey align to work together on stopping illegal migration entries

The two nations are bolstering their relationship so that immigration crimes and illegal migration entries can be heavily cracked down on.

Bank of England predict the rate of food price increases will reduce to 10% by the end of 2023

The Chief Economist of the Bank of England, Huw Pill, has cautioned that food costs in the UK might not see a significant decline due to the aftermath of the Russia-Ukraine war.

Biden announces curbs on US investments in China

US President Joe Biden on Wednesday issued an executive order aimed at restricting certain American investments in sensitive high-tech areas in China -- a move that could further strain ties between the world's top two economies.

Online sales bounce back in June and July, marking first YoY growth in the digital economy

Mid-year data from Adobe Analytics shows a decline in online prices for non-essential items after Amazon Prime Day, with the online pricing of items across all categories declining by 3.2 per cent year-over-year.

Global vehicle conversion market set to expand as consumers seek cheap electric cars

Vehicle Conversion may be half as expensive as buying a new model, but there are a number of drawbacks for drivers seeking cheap electric cars.

UK's electrification boom sees EV sales represent over half the entire market share

PwC's electric vehicle sales review recently revealed that EV sales in the UK represent 54 per cent of the entire market share, with hybrid models being the most popular choice by drivers in the UK.

Fossil fuel sites in Australia releasing climate-damaging methane into atmosphere

An investigative report published by a global nonprofit on Tuesday has made worrying revelations about methane leaks.

Russia rewrites history schoolbook to praise Ukraine invasion and Putin

School students in Russia will now be studying chapters in their history book dedicated to President Vladimir Putin's invasion of Ukraine.

Microsoft Bing AI chat headed to third-party browsers on desktops, mobile devices

Edge users can access additional features, like longer conversations, that aren't available on other browsers.

ChatGPT, Google Bard could fuel deadly mental illnesses: research

The new research highlights AI platforms' tendency to provide unhinged and potentially harmful advice based on questionable sources.

'No evidence' Facebook harms well-being: global study

There is "no evidence" that the growth in using Facebook led to "widespread psychological harm", the largest independent scientific study on the topic concluded Wednesday, contradicting previous analyses and widespread perceptions.

White House offers prize money for hacker-thwarting AI

The White House on Wednesday launched a competition offering millions of dollars in prize money for creating new artificial intelligence systems that can defend critical software from hackers.

Spanish beach warning as holidaymakers could face £800 fine for jumping into sea

Spain is one of the most popular summer destinations in Europe.

Portugal travel warning as wildfires approach popular summer hotspot

Portugal has been struck with wildfires for the second time in two months.