UK-
The Bank of England has further lowered the interest rate in the United Kingdom. The Bank of England aims to support the economy with lower borrowing costs.
The interest rate was reduced by a quarter of a percentage point to 3.75 percent.
This is the fourth interest rate cut this year. The decision was in line with economists’ expectations. Policymakers at the Bank of England were not unanimous. Five of the nine directors voted.
Business-
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Politics-
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UK’s Long-Term Debt Outlook Alarming as Pension, Climate and Defence Costs Surge
TECH-
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Musk Calls for EU Abolition After Multi-Million Dollar Fine for X
Misc-
Hackers Steal $2.2 Billion Worth of Crypto in First Half of Year
Oil Price Drops After New OPEC+ Production Increase
Russia to Issue Loans in Chinese Currency for the First Time
Kremlin Calls Kyiv’s Abandonment of NATO Ambition a Basis for Negotiations
World News
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Local-
The Bank of England Cuts Interest Rates for the Fourth Time This Year
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US-
Trump Claims $600 Billion in Import Tariffs
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The European Commission is displeased that Grok, Elon Musk’s AI chatbot, makes it very easy to strip men, women, and children down to their underwear. “This isn’t racy, it’s illegal, and has no place in Europe,” the Commission responded.
Grok has been the subject of criticism for some time since users of Elon Musk’s xAI AI chatbot discovered they could use the artificial intelligence to edit existing photos of people.
EU-
Horrible and Disgusting: European Commission Outraged as Elon Musk’s AI Chatbot Undresses Children
US Threatens Countermeasures Against European Service Providers After EU Fines
Middle East-
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Horrible and Disgusting: European Commission Outraged as Elon Musk’s AI Chatbot Undresses Children
Trump Claims $600 Billion in Import Tariffs
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The European Commission is displeased that Grok, Elon Musk’s AI chatbot, makes it very easy to strip men, women, and children down to their underwear. “This isn’t racy, it’s illegal, and has no place in Europe,” the Commission responded.
Grok has been the subject of criticism for some time since users of Elon Musk’s xAI AI chatbot discovered they could use the artificial intelligence to edit existing photos of people into more revealing or sexually suggestive images. For example, you can have the program remove clothing or put people in.
The International Energy Agency (IEA) has lowered its forecast for a global oil surplus this year and next for the first time in several months.
According to the agency, this is due to rising oil demand and slower production growth.
Global supply will exceed oil demand by 3.815 million barrels per day in 2026. This is a reduction of 231,000 barrels (159 litres) per day compared to.
More News-
Horrible and Disgusting: European Commission Outraged as Elon Musk’s AI Chatbot Undresses Children
Trump Claims $600 Billion in Import Tariffs
S&P 500 and Dow Hit New Records on Wall Street After Half-Day Trading
The Bank of England Cuts Interest Rates for the Fourth Time This Year
Random-
US President Donald Trump claims that the United States has already collected more than $600 billion in import tariffs.
“And more will be coming soon,” he writes on his platform, Truth Social.
Trump also states that “the fake news media” refuses to report on this. “Because they hate and despise our country and want to interfere in the upcoming decision on tariffs.”
Due to the tariffs, the US is “much stronger and more respected than ever before, both financially.
TODAY TIMES
