IMF PRESSES FOR CUTS TO UK BENEFITS
The International Monetary Fund (IMF) has urged Britain and other rich nations to cut benefits and taxes to tackle the worklessness crisis. Mel Stride, the Work and Pensions Secretary, vowed to “do whatever it takes to get Britain working” as the IMF said men in particular would be encouraged to Continue Reading
IS A.I. OVER PRICED?
StabilityAI, once a billion-dollar AI start-up, is facing a slumping fortunes after record investment in AI but scant profit except for a few chip-makers. The co-founders of Inflection AI left for Microsoft, and the industry is increasingly defined by unsustainable amounts of cash, computing power, energy, and hype. Last year Continue Reading
OJ SIMPSON DEAD
OJ Simpson, the ex-American football player who was acquitted of double homicide in a highly debated case, has passed away at the age of 76, according to his family. Orenthal James Simpson (OJ) gained prominence as a collegiate football player prior to his career in the National Football League (NFL). Continue Reading
EU TIGHTENS MIGRATION RULES
The European Parliament has approved a major reform tightening the EU’s migration and asylum rules, known as the EU Asylum and Migration Pact. The pact, which will come into force in two years, aims to speed up the asylum process and boost the return of irregular migrants to home countries. Continue Reading
UNIVERSAL CREDIT FRAUD GANG CONVICTED
Five members of an organized gang, including Gyunesh Ali, Galina Nikolova, Stoyan Stoyanov, Tsvetka Todorova, and Patritsia Paneva, have been convicted of the largest case of benefit fraud in England and Wales. They each admitted to stealing more than £50m at London’s Wood Green Crown Court. All five pleaded guilty Continue Reading