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'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat

'Could Resonate Globally': Korea Sparks Market Chaos With 'AI Tax' Threat Korean markets were under pressure overnight after politicians floated the idea of tapping AI profits.  Bloomberg reports that a top South Korean policymaker said the nation should pay citizens a 'dividend' using taxes on AI profits, with the obvious read through to Samsung and SK Hynix.  The comments in a Facebook post by presidential policy chief Kim Yong-beom fueled sharp swings in Korean stocks on Tuesday as investors struggled to parse the scope of the proposals. “Excess profits in the AI era...
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Apr 21, 2026 / Tyler Durden
A Reckoning Is Underway At The FDA
A Reckoning Is Underway At The FDA Authored by Maryanne Demasi via The Brownstone Institute, For months, a quiet battle has been unfolding inside the US Food and Drug Administration (FDA). It began with an analysis of child deaths after Covid vaccination, followed by strategic leaks to major media outlets, and has now erupted into the open with a memo from the regulator’s own vaccine chief. In September, it was reported that FDA officials had privately investigated 25 paediatric deaths following Covid vaccination — the first systematic review of such cases since the rollout began. The...
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Mar 26, 2026 / Tyler Durden
Will AI Trigger The Next Great Depression?
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Apr 7, 2026 / Tyler Durden
Iraqi Protesters Overrun Kuwait Consulate, Angry Over Role In US Actions
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