Newsletter Dec 14, 2023

UN Criticism Of UK Rwanda Plan Incomprehensible: Minister

As Britain pushes forward with controversial plans to send migrants to Rwanda, a UK government minister voiced "amazement" Wednesday at the criticism it has drawn from the United Nations.

UK Defence Ministry Fined For Afghan Data Breach

The UK defence ministry has been fined GBP350,000 ($440,000) for disclosing personal information of 265 Afghans seeking to flee the Taliban, a data watchdog announced on Wednesday.

Revolutionary UK Power Grid Expansion Secures £1.8 Billion Contracts

National Grid and Scottish Power are set to commence the construction of a £2.5 billion high-voltage power line along the east coast, stretching from East Lothian to County Durham, starting in 2025.

Dow Tops 37,000 As Dollar Tumbles On 'Dovish' Fed Decision

The Dow rallied to an all-time record Wednesday while the dollar tumbled after the Federal Reserve signaled it expects interest rate cuts in 2024.

The Path Ahead: Unraveling the Dynamics of Emerging Market Currencies in 2024

The decline in the Eurozone area economies, notably Germany, that are in or near entering recession would, alongside high oil prices, suggest Euro weakness going forward.

London Biotechnology Show 2024: Anticipation Soars with Stellar Speakers and Top-notch Exhibitors

The London Biotechnology Show aims to foster collaboration, innovation, and progress in the field of biotechnology.

Israel Vows To Pursue Gaza War Despite International Pressure

Israeli leaders said Wednesday they intend to press ahead with the Gaza Strip war against Hamas, despite coming under increasing international pressure, including from key ally the United States.

'Gate Of Tears': Iran-aligned Huthis A Growing Threat In The Red Sea

The spike in attacks claimed by Iran-backed Huthi rebels in the Red Sea is dangerously increasing tensions in a bottleneck for international maritime trade and fuelling fears of an uncontrolled regional spillover of Yemen's longstanding conflict.

BP Sacks Former CEO For 'Serious Misconduct'

BP on Wednesday denied its former chief executive of more than GBP32-million ($40-million) payout because of his failure to disclose past personal relationships with colleagues.

Judges In England And Wales Are Issued Official Guidance On AI

The legal sector is the latest to take an interest in regulating the use of AI after the Bank of England carried out a full risk assessment of the technology.

Google's Project Ellmann To Use Gemini AI To Tell Your Life Story

A team at Google demonstrated Ellmann Chat with the description: "Imagine opening ChatGPT but it already knows everything about your life."

EU's AI Act Will Require OpenAI, Google To Share Previously Hidden Details About Their AI Models

Surprisingly, the European Union has allowed companies to audit themselves while the AI Act could have been stricter in its requirement.

Tesla Files Recall On 2 Mn Vehicles To Fix Autopilot Software

Electric car maker Tesla has initiated a recall of over two million vehicles in the United States due to risks associated with the autopilot software, the US traffic safety regulator said Wednesday.

Unilever Faces Scrutiny Over Environmental Claims

The CMA has expressed concerns that consumers may be misled by Unilever's claims, prompting a closer examination of the company's marketing practices.