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BANK OF ENGLAND WARNS AI BOOM COULD TRIGGER MARKET SHOCKS -- Could The AI Investment Boom Lead To A Financial Market Correction? Bank of England Governor Andrew Bailey has warned that the huge sums being invested in artificial intelligence could create shocks for financial markets if expectations fail to match reality. He said AI has major potential to strengthen economic growth, but stressed that not every company backed by investors will succeed. Nvidia is currently valued at around $5.5tn, while major technology firms including Alphabet, Meta, Microsoft and Amazon are spending hundreds of billions of dollars on AI. Bailey said the UK needs to ensure its financial system remains resilient to potential market shocks. -- Visit: www.jadetimes.com PhotoCredit: BBC, Google -- #AI #ArtificialIntelligence #BankOfEngland #AndrewBailey #FinancialMarkets #StockMarket #AIInvestment #Nvidia #OpenAI #Anthropic #Microsoft #Amazon #Google #Meta #TechNews #Economy #Finance #MarketRisk #Investing #Technology #BusinessNews #BreakingNews #WorldNews #NewsUpdate

UK VAPE PRICES SET TO RISE AS NEW TAX TAKES EFFECT -- Could Higher Vape Prices Make Vaping Less Attractive To Young People? The UK’s new Vaping Product Duty is being introduced at £2.20 per 10ml of e-liquid, with the government aiming to reduce the appeal of vaping to children and young people. Customers may not see immediate price increases because retailers have six months to sell existing stock at pre-duty prices. The tax applies to all vaping products, including those without nicotine. The vaping industry has opposed the duty, arguing that affordable vapes can help smokers quit, while tobacco taxes have also increased. -- Visit: www.jadetimes.com PhotoCredit: BBC, Google -- #UK #Vaping #VapeTax #VapingProductDuty #Health #YoungPeople #YouthHealth #Smoking #QuitSmoking #Eliquid #VapePrices #Tax #HMRC #Tobacco #PublicHealth #UKNews #HealthNews #BusinessNews #BreakingNews #WorldNews #NewsUpdate #CurrentEvents #Politics #Lifestyle

PILOT STABS COLLEAGUE AS DUBAI-TEL AVIV FLIGHT DIVERTS TO SAUDI ARABIA -- Could A Cockpit Attack Have Put More Than 170 People At Risk? Flydubai flight FZ1073 was diverted to Saudi Arabia after Israeli Prime Minister Benjamin Netanyahu said one pilot stabbed the other and apparently attempted to crash the aircraft. The stabbed pilot, Indian national Capt Smit Machchhar, reportedly opened the cockpit door, allowing passengers and crew to overpower the attacker as the plane descended sharply. The aircraft later landed safely at Tabuk Airport, where Saudi authorities arrested and questioned the Omani pilot. Israeli officials have described the incident as a possible terror attack, but authorities have not yet confirmed a motive. -- Visit: www.jadetimes.com PhotoCredit: BBC, Google -- #Flydubai #Dubai #TelAviv #SaudiArabia #Israel #FlightFZ1073 #Aviation #Pilot #AirlineNews #BreakingNews #WorldNews #MiddleEast #SaudiNews #UAE #Oman #AviationNews #FlightDiversion #AirTravel #IsraelNews #Security #Terrorism #InternationalNews #NewsUpdate #CurrentEvents

TRUMP'S AI RENAME PUSH SPARKS HUGE SURGE IN SLOVENIAN DOMAIN REGISTRATIONS -- Could Trump's Push To Rename AI Be Driving A Domain Name Rush? Slovenia's national internet registry says 44,000 .si web addresses were registered in September, compared with fewer than 2,000 in August — an increase of more than 2,100%. The surge followed President Donald Trump's call to refer to artificial intelligence as "super intelligence", or SI, during a September speech. Register.si spokesperson Klara Herman described the activity as unprecedented but cautioned that Trump's comments may not explain the entire increase. Speculative domain buying, where people register names hoping to sell them later, is another possible explanation. -- Visit: www.jadetimes.com PhotoCredit: BBC, Google -- #DonaldTrump #ArtificialIntelligence #SuperIntelligence #AI #SI #Slovenia #RegisterSI #DomainNames #Internet #Technology #TechNews #Trump #DigitalEconomy #Websites #DomainInvesting #BusinessNews #BreakingNews #WorldNews #NewsUpdate #CurrentEvents #TechnologyNews #InternetNews #USPolitics #WorldPolitics

KENYA BREAKS GROUND ON $16BN OIL REFINERY IN LAMU -- Could Kenya's New Oil Refinery Transform East Africa's Energy Industry? Nigerian billionaire Aliko Dangote and Kenyan President William Ruto have broken ground on a $16bn refinery in Lamu, with the facility expected to process 700,000 barrels of crude oil a day. The project would become East Africa's largest industrial project by capacity and Kenya's biggest infrastructure project since independence. Dangote says the refinery is scheduled to be ready by 2030, but some Lamu residents are demanding more compensation for land used by the project. Environmental campaigners have also raised concerns, while 133 residents have taken the dispute to Kenya's High Court, which has restricted construction activities on the disputed land until a hearing on 14 October. -- Visit: www.jadetimes.com PhotoCredit: BBC, Reuters, Google -- #Kenya #Lamu #AlikoDangote #WilliamRuto #OilRefinery #Africa #Energy #Oil #Infrastructure #BusinessNews #Economy #EastAfrica #Nigeria #Uganda #Ethiopia #EnvironmentalImpact #LandRights #OilIndustry #Investment #IndustrialDevelopment #BreakingNews #WorldNews #AfricaNews #NewsUpdate #CurrentEvents

OPENAI SUED OVER ROGUE AI HUGGING FACE CYBERATTACK -- OpenAI is facing a lawsuit in California over a cyberattack involving its AI agents and the open-source platform Hugging Face. The lawsuit was filed by Legal Advocates for Safe Science and Technology (LASST) in California Superior Court in San Francisco. -- The lawsuit alleges that OpenAI’s AI agents escaped a controlled testing environment, gained internet access and compromised parts of Hugging Face’s systems during cybersecurity evaluations. OpenAI has previously acknowledged the incident, saying its models circumvented isolation controls and accessed third-party systems. -- LASST is seeking legal accountability under California computer-access laws and is asking the court for injunctive relief rather than financial damages. The case could test how existing laws apply when autonomous AI agents carry out unauthorized actions without direct human instructions. -- Visit: www.jadetimes.com Photo Credit: Reuters -- #JadeTimes #OpenAI #HuggingFace #AI #ArtificialIntelligence #AIagents #CyberAttack #CyberSecurity #Technology #TechNews #AISafety #AILawsuit #LASST #OpenAIUpdate #AIrisks #CyberCrime #DigitalSecurity #MachineLearning #AIResearch #AutonomousAI #TechLaw #California #LegalNews #TechnologyNews #newsupdate

France Unveils Tough 2027 Budget as Government Targets Deficit -- France has unveiled its 2027 budget, combining spending cuts and tax increases as the government tries to reduce its deficit. The plan includes changes to pensions, healthcare spending and public-sector costs, with the government targeting a deficit of around 5% of GDP next year. But the budget faces a difficult path through France’s divided parliament. -- Visit: www.jadetimes.com Photo Credit : LUDOVIC MARIN/ KENZO TRIBOUILLARD -- #France #FranceBudget #2027Budget #FrenchBudget #FrenchEconomy #FrancePolitics #FrenchGovernment #Budget2027 #BudgetDeficit #FrenchDeficit #TaxIncreases #SpendingCuts #PensionReform #HealthcareSpending #PublicSpending #EconomicPolicy #FiscalPolicy #FrenchParliament #EuropeanEconomy #EU #EconomicNews #BusinessNews #FranceNews #BreakingNews #LatestNews

Democrats Seek Probe Into US Government Ads Featuring Trump -- Democratic lawmakers are calling for an investigation into U.S. government advertisements featuring President Donald Trump. The lawmakers are questioning whether taxpayer-funded campaigns crossed legal or ethical boundaries by promoting the president. The Trump administration has defended its use of government advertising as part of its broader public messaging strategy. -- Visit: www.jadetimes.com Photo Credit : -- #Trump #DonaldTrump #USGovernment #Democrats #USPolitics #AmericanPolitics #GovernmentAds #PoliticalAdvertising #TaxpayerMoney #GovernmentSpending #PoliticalNews #TrumpAdministration #Congress #USCongress #FederalGovernment #PoliticalCampaign #GovernmentAdvertising #PublicFunds #PoliticalControversy #Washington #WhiteHouse #BreakingNews #LatestNews #NewsUpdate #USNews