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LONDON (AP) — Millions of voters in Britain are going to the polls Thursday to choose a new House of Commons and a new government. Voters will elect 650 lawmakers representing as many constituencies, or local areas, and the leader of the party that returns the most lawmakers will become prime minister. Prime Minister Rishi Sunak’s Conservatives are widely expected to lose to the main opposition party, the left-of-center Labour, after 14 years in power under five different prime ministers.The Conservatives and Labour traditionally dominate British politics under the U.K.’s “first past the post” electoral system, which makes it difficult…
The Supreme Court’s ruling on presidential immunity is under attack from President Joe Biden. Hurricane Beryl is headed toward Jamaica as a Category 5 storm. And transgender runner Nikki Hiltz sets a record for running on her way to the Olympics.Here’s what you need to know today.Biden slams Supreme Court immunity ruling as ‘encouraging’ for lawless presidentA groundbreaking and consequential Supreme Court decision yesterday ruled that former President Donald Trump has immunity for some of his actions as president in his federal election interference case. The decision virtually ensures that the case over Trump’s efforts to stop the transfer of…
At Disney AladdinThe Genie (voiced by Robin Williams) memorably describes the paradox that defines his life: “A phenomenal cosmic power! A tiny living space.” It’s a paradox that could apply to venture capitalists as well as AI. AI is often described as a transformative technology from one generation to the next, with seemingly endless applications. And yet, there’s a certain repetitiveness to the pitch decks that startups present to venture capitalists day in and day out. Of course, the best ideas are often those of the founders, but Fortune The team and I asked ourselves: What AI startups would venture…
New data from Statista Market Insights, presented by Stocklytics.com, reveals that the global travel and tourism industry is robust, healthy and growing. With growth forecast at 8.3% this year compared to 2023, the industry is expected to generate gross revenue of $927 billion by the end of 2024 and is on track to jump 14% to $1.03 trillion in revenue by 2027. Nearly half ($494 billion) of that money will come from hotels, with package tours accounting for another 30% ($331 billion). According to the report, camping and cruising will be the fastest growing travel segments in the coming years,…
The Biden administration announced Tuesday that it would provide $504 million in implementation grants to a dozen “tech hubs” in Ohio, Montana, Nevada and Florida, among others. The money would support the development of quantum computingbiomanufacturing, lithium batteries, computer chips, personal medicine and other technologies. The administration is trying to encourage more technological innovation across the country, rather than concentrating it in a few metropolitan areas such as San Francisco, Seattle, Boston and New York. “The reality is that there are smart people, great entrepreneurs and leading research institutions all across the country,” Commerce Secretary Gina Raimondo said on a…
By David Ngira Somalia’s health sector is struggling. This is despite $4.5 billion in debt relief from the IMF and World Bank last year, which reduced the country’s debt-to-GDP ratio from 64 percent to 6 percent. The relief followed lengthy negotiations under the Heavily Indebted Poor Countries Initiative. The country’s investment in health has declined, even though the debt relief was based on economic reforms, including implementing a poverty reduction strategy, increasing tax revenues, prioritizing project spending, and improving public finances and debt management capacity. The analysis indicates that Somalia’s health budget has decreased significantly, from 8.5% of the budget…
America is experiencing a sustained startup boom. Prostock-Studio/Getty Images/iStockphoto hide legend toggle caption Prostock-Studio/Getty Images/iStockphoto In 2020, as the world was going through the hell of the COVID-19 pandemic, economist John Haltiwanger discovered something truly strange about the American economy: Americans were starting new businesses at a record pace. Haltiwanger is one of the foremost experts on business formation in the United States. He even helped the U.S. Census Bureau compile official statistics to track the phenomenon. According to Haltiwanger, an increase in new businesses is generally a good sign for job creation, innovation, and productivity growth in the economy.…
Indonesia is receiving support from the International Maritime Organization in its efforts to accede to the key treaty on the safety of fishing vessels: the 2012 Cape Town Agreement. A national consultation visit was held in Bali (24-28 June), at Indonesia’s request, to provide expert legal and technical assistance to support the State’s accession process and ensure effective compliance and implementation.Indonesia is the world’s largest archipelagic state, with more than 17,500 islands, and 40% of its population depends on fishing for their livelihoods. This underlines the importance of the Cape Town Agreement – which will set minimum standards for fishing…
Illustration: Eddie Guy/The GuardianDecades before she joined the now infamous call in which Donald Trump asked Georgia’s top election official to “find 11,780 votes”, conservative election activist Cleta Mitchell was a young Democratic powerhouse legislator in Oklahoma fighting for progressive causes.How Mitchell – who advised Trump during his 2016 campaign and who founded the national Election Integrity Network, a group working to get grassroots conservatives to monitor their polls and protect the country from voter fraud – ended up on that phone call, is still confounding for those who knew her earlier in her career. Such a stunning political pivot…
Indonesian Coordinating Minister for Political, Legal and Security Affairs Marshal (ret.) Hadi Tjahjanto revealed the results of the forensic investigation into the cause of the cyber attack on the temporary National Data Center (PDN)-2 located in Surabaya, East Java. “From the results of the forensic investigation, we were able to find out who the user is who [negligently] “He used his password and eventually caused these very serious problems,” Tjahjanto said after a coordination meeting with the Minister of Kominfo and the head of the National Cyber and Cryptography Agency (BSSN) in Jakarta on July 1. The government will take…