Georgia’s Parliament Passes Controversial “Foreign Agents” Law Amidst Violent Protests
Georgia’s parliament has voted in favor of a controversial “foreign agent” law, sparking weeks of mass street protests and widespread unrest in the capital city, Tbilisi. The bill, which passed its third and final reading with 84 votes against 30 on Tuesday, faces a likely veto by President Salome Zourabichvili, though the parliament has enough […]
Russian Court Seizes Over €700M From Western Banks
A Russian court has seized assets worth over €700 million from three major Western banks, namely UniCredit, Deutsche Bank, and Commerzbank, marking one of the biggest moves against international lenders since the invasion of Ukraine. The seizures, first reported on by the Financial Times, follow the European Central Bank urging eurozone banks to accelerate their […]
Senate Passes Resolution Condemning SEC’s Crypto Accounting Rule, White House Likely to Veto
The US Congress passed a resolution condemning the Securities and Exchange Commission’s (SEC) staff accounting bulletin 121 (SAB 121), which imposes strict rules on how financial institutions should account for cryptocurrency assets. The resolution passed in the Senate with a 60-38 vote, following its passage in the House. This was all symbolic, it seems, as […]
Houston ISD Superintendent Under Scrutiny for Allegedly Funneling Money To Schools He Started
A local education advocacy group and Harris County Commissioner Rodney Ellis are calling for an investigation into Houston ISD’s state-appointed superintendent, Mike Miles, and the charter school network he founded, Third Future Schools. This comes after a report by Spectrum News alleged that a Texas charter school sent public funds to an affiliated school in […]
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Was There A Resignation Spree From OpenAI Employees?
Ilya Sutskever, one of the co-founders of OpenAI and a leading figure in the artificial intelligence community, has announced his departure from the company. This transition was disclosed in an internal message from CEO Sam Altman, who expressed deep sadness over Sutskever’s decision. “Ilya and OpenAI are going to part ways. This is very sad […]
Retaliation To US Ban On Russian Uranium Seems To Have Begun
Russia’s state-owned uranium supplier, Tenex, has issued a force majeure notice to its U.S. customers, giving them 60 days to secure waivers exempting them from a recently enacted U.S. law that bans imports of the company’s nuclear fuel. The notice, seen by Bloomberg, was sent to utilities including Constellation Energy Corp., Duke Energy Corp., and […]
France Deploys Army to New Caledonia Amid Widespread Riots
France has deployed army personnel to ports and the airport in New Caledonia, its Pacific Ocean overseas territory, amid a state of emergency and escalating violence. The unrest follows a controversial constitutional reform by the French government, which has been fiercely contested by pro-independence groups. The decision to send troops comes after the outbreak of […]
Biden Announces Steps to Reclassify Marijuana to Schedule III
US President Joe Biden announced that his administration is taking significant steps to reclassify marijuana under federal law. In a statement released via his official X account, Biden emphasized the need for this change due to the disproportionate impact of the current classification on American lives and the inconsistency with how other, more dangerous drugs […]
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The Netherlands to Expand Offshore Gas Extraction and Nuclear Energy
The incoming Dutch government has announced plans to reduce the country’s dependence on “unreliable countries” by expanding offshore natural gas extraction and nuclear energy production, according to Reuters. The draft coalition pact, presented by the right-wing government on Thursday, said that the Netherlands will adhere to international climate goals but will not impose additional national […]
Ontario Health Minister Refuses to Allow Toronto to Even Suggest It Should Decriminalize Drugs
The Ontario government is giving the Toronto Public Health’s request to decriminalize small amounts of illegal drugs for personal use in the city a hard pass. In a public letter addressed to Toronto’s medical officer of health, Health Minister Sylvia Jones and Solicitor General Michael Kerzner labeled the request as “misguided” and warned against pursuing […]