Author: The Gazette
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Chinese national dies after migrant boat capsizes in Danube, Serbia says
BELGRADE (Reuters) -A Chinese national died when a boat carrying at least 10 illegal migrants capsized in the River Danube as they attempted to cross from Serbia to European Union member state Croatia, Serbian police said on Monday. Police recovered one body and rescued four Chinese nationals, they said in a statement. Police in neighbouring…
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Explainer-Could US and Russia extend last nuclear weapons treaty?
By Guy Faulconbridge MOSCOW (Reuters) -U.S. President Donald Trump on Sunday said Russian President Vladimir Putin’s offer to voluntarily maintain limits for a year on deployed strategic nuclear weapons “sounds like a good idea”. What would it mean for nuclear arms control and what are the main issues ahead? WHAT DID PUTIN OFFER? Having long…
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How progressive priorities drive up the cost of housing and construction
Sprawling regulations backed by the Left are discouraging development across the country, critics say, as Democratic agendas play out in the public arena. In California, the bully pulpit of environmentalism, “green” regulations under the state’s sweeping Environmental Quality Act have been critiqued for stalling construction and contributing to the state’s housing crisis. In states such…
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AMD signs AI chip-supply deal with OpenAI, gives it option to take a 10% stake
By Max A. Cherney SAN FRANCISCO (Reuters) -AMD said on Monday it will supply artificial intelligence chips to OpenAI in a multi-year deal that would bring in tens of billions of dollars in annual revenue and give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker. Shares of AMD surged…
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Analysis-Youth-led unrest exposes cracks in Morocco’s economic model
By Ahmed Eljechtimi and Alexander Dziadosz RABAT/CAIRO (Reuters) -Youth-led unrest that spread across Morocco last week revealed deep-seated anger over poverty and public services behind a storyline of ambitious infrastructure projects and modern stadiums opening ahead of the 2030 World Cup. The protests in major cities – inspired by similar revolts in Nepal, Madagascar and…
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Factbox-Trump administration pivots to buying stakes in critical sectors
(Reuters) -The Trump administration is ramping up efforts to secure U.S. supply chains for critical minerals and semiconductors by converting federal grants to companies into equity stakes, aimed at reducing reliance on China. The administration has taken or discussed stakes in several companies as part of the shift to direct ownership from traditional subsidies. Following…
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Tesla teases Tuesday event as focus shifts to affordable EVs
By Akash Sriram (Reuters) -Tesla teased an October 7 event, in which investors and analysts anticipate a more affordable model to sustain sales momentum, sending the shares of the Elon Musk-led electric automaker 4% higher on Monday. In a nine-second video posted on social media platform X on Sunday, Tesla showed a vehicle with its…
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France’s prime minister resigns after less than four weeks in office
French Prime Minister Sebastien Lecornu announced his resignation on Monday, stepping down less than a month after being appointed. Lecornu’s decision to quit was a complete shock. It came just a day after forming a new government, which included the controversial choice to appoint Bruno Le Maire to the country’s defense ministry, according to the…
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UN cultural agency selects Egypt’s El-Enany as new chief
By John Irish PARIS (Reuters) -The United Nations’ cultural agency selected former Egyptian tourism and antiquities minister Khaled El-Enany as its new chief on Monday, handing him the keys to revive UNESCO’s fortunes after the U.S. withdrew from it for a second time. El-Enany, 54, was up against Édouard Firmin Matoko, 69, of Republic of…
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The Gaza twins whose whole lives have been war
GAZA (Reuters) -Palestinian twins Uday and Hamza Abu Odah have known nothing but war since they were born in Gaza, less than a month after the conflict began on October 7, 2023. Their lives have been defined and encompassed by Israel’s devastating military offensive, launched in response to the deadly attack on southern Israel by…