Amazon Warns Of "Degraded" AWS Service In UAE After "Power Issues" Amid Middle East Conflict

Israeli ground troops launched a new incursion into the southwestern Quneitra Governorate in Syria on Tuesday, raiding the Ain Zivan and capturing a local man before withdrawing. The IDF has yet to comment on the operation, and the fate of the captive remains uncertain. This raid early on Tuesday followed a flurry of operations on […]

Bessent Says US, China To Launch AI Safety Talks After Trump-Xi Meeting In Beijing Authored by Tom Ozimek via The Epoch Times (emphasis ours), Treasury Secretary Scott Bessent said on May 14 that Washington and Beijing would begin formal discussions on artificial intelligence (AI) safety protocols following meetings between U.S. President Donald Trump and Chinese leader Xi Jinping in Beijing. Bessent’s comments come as the rival powers sought to stabilize ties strained by trade disputes, the Iran conflict, and AI competition. U.S. Treasury Secretary Scott Bessent arrives at Incheon International Airport ahead...

Trump's "Sock Puppet" By Philip Marey of Rabobank Summary The confirmation hearing of Fed Chair nominee Kevin Warsh by the Senate Banking Committee was a very partisan affair. In his prepared remarks, Warsh stressed that monetary policy independence is essential, but he does not believe that the operational independence of monetary policy is particularly threatened when elected officials state their views on interest rates. Warsh thinks the Fed must stay in its lane and avoid straying into fiscal and social policies. Warsh was walking a tightrope between convincing the Senate Banking Committee that he...