Author: Admin

China’s leaders are downplaying the potential impact from U.S. President Donald Trump’s trade war, saying they have the capacity to protect jobs and limit damage from higher tariffs on Chinese exports.The briefing Monday by several senior officials of different government ministries appeared aimed at shoring up confidence with promises of support for companies and the unemployed, easier lending conditions and other policies to counter the impact of combined tariffs of up to 145% on U.S. imports from China. It followed a meeting of China’s powerful Politburo last week that analysts said had focused on ways to counter keep growth on…

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Google’s profits soared 28% in this year’s opening quarter, overcoming the competitive and legal threats that its internet empire is facing amid an economy roiled by a global trade war.The numbers released Thursday by Google parent Alphabet Inc. indicated the company is rising to the challenge so far, but investors are likely to remain concerned about the turbulent times ahead.The Mountain View, California, company earned $26.5 billion, or $2.15 per share, during the January-March period, up from $20.7 billion, or $1.64 per share, at the same time last year. Revenue rose 12% from last year to $96.5 billion. The results…

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The government is up for the fight over net zero every hour, day and month of the year, says Energy Secretary Ed Miliband.Amid growing attacks on its climate policies from the Trump administration, UK political parties and some businesses, the government this week reiterated its assertion that clean power will make Britain more secure. Wrapping up a two-day summit on energy security in London, Mr Miliband said: “The critics need to know that if they want to fight about this, this government says ‘bring it on’.”Clean power provides “energy security, lower bills [and] the biggest economic opportunity of the 21st…

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UK economic growth could be “postponed” for two years amid a toxic cocktail of headwinds for confidence, according to a respected forecast which says further interest rate cuts may help lift the mood.EY ITEM Club, which uses the Treasury’s economic modelling, downgraded expectations for output in both 2025 and 2026 in its latest report. It warns of a direct hit from Donald Trump’s trade war and from persistent high inflation in the UK economy.But the forecast says the biggest impact would come from weaker sentiment among both households and businesses, given the surge in uncertainty and hits to global growth…

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MINNEAPOLIS — X Corp., the social media platform owned by Trump adviser Elon Musk, is challenging the constitutionality of a Minnesota ban on using deepfakes to influence elections and harm candidates, saying it violates First Amendment speech protections.The company’s federal lawsuit filed this week also contends that the 2023 state law is preempted by a 1996 federal statute that shields social media from being held responsible for material posted on their platforms.“While the law’s reference to banning ‘deep fakes’ might sound benign, in reality it would criminalize innocuous, election-related speech, including humor, and make social-media platforms criminally liable for censoring…

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“It has been a success.”Just Stop Oil (JSO) insists it’s been “successful” – as its members ceremoniously hang up their orange high-vis vests during a march in central London. Since the group formed three years ago, it’s drawn attention and criticism for its colourful, controversial protests, which ranged from disrupting sporting events to throwing soup on Vincent van Gogh’s Sunflowers, and climbing on gantries over the M25. It sprayed orange paint over Stonehenge, and cost police forces tens of millions of pounds.Those days are now behind it; to the relief of many.Read moreJSO co-founder wins court appealActivists target grave of…

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Washington — Hundreds of U.S. universities and colleges, including Harvard, Princeton, Penn, Brown, MIT, Cornell and Tufts issued a joint letter Tuesday condemning President Trump’s “political interference” in the nation’s education system. The move comes a day after Harvard University sued the Trump administration, which announced an initial funding freeze of $2.2 billion and later signaled its intention to suspend an additional $1 billion in grants. The moves came after weeks of escalation between the administration and Harvard, which had rejected the administration’s demands to change many of the school’s policies and leadership, including auditing the student body and faculty for “viewpoint diversity.””We speak…

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TALLAHASSEE, Fla. — A lawsuit against Florida’s ban on “lab-grown” meat is still alive after a federal judge tossed four parts of the suit on Friday but kept a fifth.Northern District of Florida Chief Judge Mark Walker declined to dismiss a part of the lawsuit that argued Florida’s restrictions give an unconstitutional advantage to Florida farmers over out-of-state competitors. Meanwhile, the judge sided with state attorneys seeking to dismiss the lawsuit and their argument that federal approval of cultivated chicken doesn’t mean individual states can’t ban it.U.S. regulators first signed off on the sale of what’s known as “cell-cultured” or…

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