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- Sam Altman declares AI has reached singularity, raising concerns about control
- Wildfires near Clinton, B.C. merge, covering nearly 670 square kilometres
- CBS News poll shows strong disapproval of Trump on economy and Iran
- Trespassing on railway tracks caused one million minutes of delays last year
- Ukrainian special forces deliver KFC to frontline troops using drone
- Mainstream LLMs cite EU-sanctioned pro-Russian propaganda narratives
- Mass shooting at Seattle Center leaves two dead and several injured
- Russia and Ukraine exchange attacks, resulting in 10 fatalities, including a child in Chernihiv
Business
Russia’s economic situation is deteriorating after two years of growth linked to a shift to a war economy, according to IMF Managing Director Kristalina Georgieva. Despite raising the 2026 growth forecast slightly, Georgieva warned that inflation and sanctions severely restrict long-term prospects.
James Murdoch has finalised a deal to acquire New York Magazine and the Vox Media Podcast Network for over £300 million, enhancing his media portfolio. The transaction includes Vox’s news site and popular podcasts, while CEO Jim Bankoff will continue to lead operations under Lupa Systems.
The EU’s trade deal with South America’s Mercosur bloc has begun provisional implementation after 25 years of negotiations. This agreement forms one of the world’s largest free trade areas, encompassing 720 million consumers and aiming to reduce tariffs on over 90% of bilateral trade.
The Financial Times leads with Brussels proposing a three-year delay to tariffs that were due to hit electric vehicle sales between the UK and EU.
‘Many people need the cash flow, and there’s lots of people for whom taking back the overpayment doesn’t impact what you pay in future, so get the money in your pocket.’
CITY AM SAYS Jeremy Hunt has denied the UK economy has a “broken leg” but admitted it is suffering from a “sprained ankle.”
The FT leads with the government’s latest migration plan, reporting that ministers want to reduce numbers coming into the country by 300,000 a year.
Retail sales for November rose by just 2.7% compared with a 4.2% surge at the same time last year.
Reuters was first to report Meta Platforms’ (META.O) paid no-ads subscription service launched in Europe this month faced one of
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