The UK will reduce energy costs by 25% for more than 7,000 manufacturers beginning in 2027. Business Secretary Peter Kyle will announce the program Monday at the CBI conference targeting high-growth sectors.
The Bureau of Labor Statistics canceled October’s consumer price index release, citing government shutdown complications. This leaves Federal Reserve officials without key inflation data ahead of their December 10 interest rate decision.
Japan’s Prime Minister Sanae Takaichi just unveiled a massive 21.3 trillion yen stimulus package aimed at fighting inflation. But economic theory suggests this kind of government spending could actually make inflation worse. The plan risks backfiring spectacularly.
The UK government’s ambitious plan to give every legal resident a digital ID by August 2029 faces scrutiny over its unknown costs. Ministers admit budgets are undetermined while expecting departments to contribute. The technical delivery will be managed by GDS within DSIT.
The coordinated sanctions target three bulletproof hosting companies and four Russian executives accused of supporting ransomware operations. These services provide critical infrastructure that enables cybercriminals to operate beyond law enforcement reach. The action follows claims that cyber-attac
Long-term contracts spanning 9-18 years are preventing Southeast Asian countries from transitioning to clean energy. Utilities face financial penalties for breaking coal agreements, creating a major climate obstacle.
European regulators want to streamline data protection, AI governance, and cybersecurity reporting into simpler frameworks. The changes could save companies €5 billion in administrative costs by 2029 while making more data available for AI development. This represents a major shift from the EU’s tra
FTC Commissioner Melissa Holyoak is leaving her position to become interim US Attorney for Utah. Her departure leaves the five-member commission with just two remaining commissioners, both Republicans.
Nearly a year after TikTok should have been banned in the US, the app remains widely available thanks to presidential intervention. The lawmakers who pushed the ban are now largely silent as the administration negotiates a questionable deal.
The International Energy Agency projects global oil demand will peak around 102 million barrels daily by 2030, then decline. But they’ve revived a “Current Policies Scenario” showing fossil fuels could rise 13% by 2050 if climate promises aren’t kept. Electricity demand is growing four times faster
