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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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May 14, 2026 / Tyler Durden
Europe's Dependence On US LNG Set To Surge
Europe's Dependence On US LNG Set To Surge
By Irina Slav of OilPrice.com
The European Union’s dependence on liquefied natural gas from the United States is set to rise significantly, reaching 80% of all LNG imports in two years, the Institute for Energy Economics and Financial Analysis has warned.
In a report cited by Reuters, IEEFA noted that the European Union already imports significant volumes of U.S. liquefied gas, creating a potentially risky dependence on a single supplier.
LNG imports from the United States into the EU accounted for 58% of overall LNG...
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Sep 23, 2026 / Tyler Durden
Nordics Consistently Lead The World In Gender Equality
Nordics Consistently Lead The World In Gender Equality
For the 17th consecutive time, the World Economic Forum has named Iceland the most gender-equal country in the world.
This is according to the Global Gender Gap Report 2026, which was released earlier this week.
Iceland is the only country to have closed its gender gap by more than 90 percent and one of only four economies that have consistently been in the top 10 since the index's inception in 2006.
As Statista's Felix Richter reports, aside from Iceland, these are Finland, Norway and Sweden,...
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Sep 21, 2026 / Tyler Durden
What Do You See Here?
What Do You See Here?
Authored by Steve Watson via Modernity News,
A K-pop star holding a pair of Chuck Taylors was enough. Crop the frame, squint at a star-shaped spotlight, and a Nike subsidiary is suddenly in the business of hoods and hangings, according to disturbed leftists who see racism everywhere.
Instead of ignoring the demented behaviour, Converse pulled the image, apologised on cue, and promised to "do better." The people filming themselves crying and torching sneakers got the ritual they wanted.
The still came from Converse's Chuck 70 X campaign with...
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