#government-intervention

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#economics

These Are the Countries With the Lowest Tariff Rates in the World

Tariffs often harm economies and consumers, leading to higher prices and reduced welfare.

California homeownership at highest level since 2010

California's homeownership rate increased slightly to 55.9%, reaching a 13-year high.
Ownership rate may have been influenced by population outflows and government interventions like lowered interest rates.

These Are the Countries With the Lowest Tariff Rates in the World

Tariffs often harm economies and consumers, leading to higher prices and reduced welfare.

California homeownership at highest level since 2010

California's homeownership rate increased slightly to 55.9%, reaching a 13-year high.
Ownership rate may have been influenced by population outflows and government interventions like lowered interest rates.
moreeconomics

Turmoil at Slovak National Gallery as department heads offer their resignations

Slovak National Gallery executive board resigns amid claims of intimidation from newly appointed director.

Canada orders binding arbitration to end port lockout

Canada's government is intervening in port workers' lockouts due to the significant economic impact of $930 million in goods affected daily.

Ministers to oversee Tower Hamlets council amid concerns over leadership

The government will appoint an envoy to oversee Tower Hamlets council management due to concerns over leadership and financial practices under Mayor Lutfur Rahman.

Province fires AIMCo board, 4 top executives to 'reset' pension fund manager | CBC News

Alberta government removes AIMCo board due to rising costs and failure to meet benchmark returns.

Adult social care in England needs urgent help from ministers, say bosses

England's adult social care services need urgent government action to avoid overspending, cuts, and reduced service levels amidst rising demand and costs.
#first-amendment

Supreme Court Rules Against Missouri in Social Media Case

Government officials lack standing to sue social media companies for 'misinformation' removal, despite First Amendment concerns.

Feldman: The problem with banning college legacy admissions

California's prohibition on legacy admissions signals a significant shift in university policies amidst growing government influence over private college admissions.

Supreme Court Rules Against Missouri in Social Media Case

Government officials lack standing to sue social media companies for 'misinformation' removal, despite First Amendment concerns.

Feldman: The problem with banning college legacy admissions

California's prohibition on legacy admissions signals a significant shift in university policies amidst growing government influence over private college admissions.
morefirst-amendment

Dublin Airport passenger cap now 'a joke' among airlines, says Willie Walsh

The former Aer Lingus CEO urges government intervention to address the 32 million passenger cap at Dublin Airport amid rising demand.

Singapore hits brakes on $1.7 billion Allianz deal for one-time insurance cooperative after it sparks public outcry

Singapore's government intervened to block Allianz's $1.7 billion acquisition of Income Insurance over public interest concerns.

Government Can Fix neither Food nor Farm

Proposed health reforms face challenges from entrenched bureaucracy, limiting potential for genuine progress in the food system.

Government Can Fix neither Food nor Farm

Many proposed health reforms fail to address the entrenched bureaucratic systems that resist significant change.
Government-led food reform initiatives often lead to more complications rather than effective solutions.
#china

China new home prices drop at fastest rate in nearly a decade

China's house prices witnessed the steepest drop in almost a decade due to a glut of properties and lack of demand, despite government efforts.

So, Are You Pregnant Yet? China's In-Your-Face Push for More Babies.

The Chinese government is increasingly involved in personal reproductive choices amid declining population concerns.

China Unexpectedly Cuts Interest Rate as World Markets Sag

China's central bank cuts key interest rate to counter economic challenges and housing market crisis.

Japan Tries to Reclaim Its Clout as a Global Tech Leader

China's industrial policy has sparked global competition among nations to protect and grow their own economies and businesses.

China tries drastic measures to boost ailing property sector DW 05/17/2024

China announces policies to stabilize property sector amid 10% housing price slump.

I Went To China And Drove A Dozen Electric Cars. Western Automakers Are Cooked

China's advancements in manufacturing electrified vehicles should not be dismissed as illegitimate or solely government-driven.

China new home prices drop at fastest rate in nearly a decade

China's house prices witnessed the steepest drop in almost a decade due to a glut of properties and lack of demand, despite government efforts.

So, Are You Pregnant Yet? China's In-Your-Face Push for More Babies.

The Chinese government is increasingly involved in personal reproductive choices amid declining population concerns.

China Unexpectedly Cuts Interest Rate as World Markets Sag

China's central bank cuts key interest rate to counter economic challenges and housing market crisis.

Japan Tries to Reclaim Its Clout as a Global Tech Leader

China's industrial policy has sparked global competition among nations to protect and grow their own economies and businesses.

China tries drastic measures to boost ailing property sector DW 05/17/2024

China announces policies to stabilize property sector amid 10% housing price slump.

I Went To China And Drove A Dozen Electric Cars. Western Automakers Are Cooked

China's advancements in manufacturing electrified vehicles should not be dismissed as illegitimate or solely government-driven.
morechina

Maternity pay is excessive', says Tory leadership hopeful Kemi Badenoch

Kemi Badenoch advocates for reduced maternity pay, emphasizing personal responsibility and the need for less government intervention in business.

Should the Government Break Up Big Corporations or Buy Them?

The government should consider purchasing large corporations instead of breaking them up to effectively influence their behavior.
#community-safety

Anti-racist protest to take place amid rumours of planned far-right attack

An anti-racist protest in response to rumored far-right activity in Stoke Newington is scheduled, amid concerns of potential violence and disorder in the area.

Kerry ambulance crisis averted as staff warn people would have died

Proposed cuts to ambulance staffing could have endangered lives due to lack of service in some towns.
Government intervention has successfully paused problematic changes to ambulance rostering.

Anti-racist protest to take place amid rumours of planned far-right attack

An anti-racist protest in response to rumored far-right activity in Stoke Newington is scheduled, amid concerns of potential violence and disorder in the area.

Kerry ambulance crisis averted as staff warn people would have died

Proposed cuts to ambulance staffing could have endangered lives due to lack of service in some towns.
Government intervention has successfully paused problematic changes to ambulance rostering.
morecommunity-safety
#economic-impact

Government officials and businesses are scrambling after Canada's rail lockout halts all shipments crossing the U.S. border

Canada's rail shutdown threatens significant economic harm to businesses and consumers.

The Market Alone Can't Fix the U.S. Housing Crisis

Unaffordable housing hampers economic growth and requires systemic market interventions to address the influence of landlords and government roles in housing management.

More Americans are hungry due to rising food costs-but many don't qualify for aid

Hungry people face a $33.1 billion shortfall, with rising hunger due to high food prices and lack of qualification for aid.

Air Canada makes plea for government help as pilots ask for wages it says it can't pay

Air Canada and business leaders stress government intervention to prevent a potential pilot strike, while the labor minister insists on negotiations.

Government officials and businesses are scrambling after Canada's rail lockout halts all shipments crossing the U.S. border

Canada's rail shutdown threatens significant economic harm to businesses and consumers.

The Market Alone Can't Fix the U.S. Housing Crisis

Unaffordable housing hampers economic growth and requires systemic market interventions to address the influence of landlords and government roles in housing management.

More Americans are hungry due to rising food costs-but many don't qualify for aid

Hungry people face a $33.1 billion shortfall, with rising hunger due to high food prices and lack of qualification for aid.

Air Canada makes plea for government help as pilots ask for wages it says it can't pay

Air Canada and business leaders stress government intervention to prevent a potential pilot strike, while the labor minister insists on negotiations.
moreeconomic-impact

"Hot House Syndrome" puts millions at risk as UK homes become unbearably hot, warn campaigners

Millions of Brits suffer from 'Hot House Syndrome' due to poorly insulated homes, leading to year-round health risks.

SS Richard Montgomery: WW2 wreck in Thames Estuary is 'ticking time bomb', expert warns

The SS Richard Montgomery poses a significant threat due to leftover explosives, necessitating government intervention after 80 years of neglect.

You Have a Question Here?' Elizabeth Warren Snaps At CNBC Host Lecturing' Her On The Economy

Banning price gouging is misguided as it fails to address fundamental supply and demand issues affecting food prices.

Canada intervenes to end freight rail shutdown triggered by labour dispute

Canada's government intervenes to prevent rail disruption through arbitration after a labor conflict threatens supply chains.
#ai-regulation

Governments Must Shape AI's Future | by Mariana Mazzucato & Fausto Gernone

Governments must play an active role in shaping AI development for the common good.
Regulation in AI is necessary but insufficient; flexibility is needed to update rules.

We can't control deepfakes, tech giants say

Big tech companies advocate for government regulation to control AI-generated deepfakes, stating current methods are inadequate.

Tech Leaders Once Cried for AI Regulation. Now the Message Is 'Slow Down'

Dreams of a sweeping AI bill from Congress are unrealistic.

Governments Must Shape AI's Future | by Mariana Mazzucato & Fausto Gernone

Governments must play an active role in shaping AI development for the common good.
Regulation in AI is necessary but insufficient; flexibility is needed to update rules.

We can't control deepfakes, tech giants say

Big tech companies advocate for government regulation to control AI-generated deepfakes, stating current methods are inadequate.

Tech Leaders Once Cried for AI Regulation. Now the Message Is 'Slow Down'

Dreams of a sweeping AI bill from Congress are unrealistic.
moreai-regulation

Kamala Harris' new economic plan: Letters to the Editor - Aug. 20, 2024

Kamala Harris' economic plan blends government handouts with price controls, raising concerns about their effectiveness and potential historical failures.

Massachusetts to "seize control" of St. Elizabeth's from Steward; deals reached on 4 other hospitals

Massachusetts government will seize control of St. Elizabeth's Medical Center to preserve healthcare access and jobs, while transitioning other Steward hospitals to new ownership.

Shipwreck closely linked to William Wordsworth granted protection by the government

The 200-year-old shipwreck of the Earl of Abergavenny, involved in a tragic maritime disaster in 1805, has been given government protection.
#affordable-housing

As Bay Area homeless encampment sweeps intensify, so do questions and pushback

Government-led homeless camp sweeps are intensifying in California post-executive order, drawing both support and pushback from advocates and officials.

Addressing the U.S. homelessness crisis

Homelessness in the U.S. increased by 12% between 2022 and 2023, the largest jump since 2007.
Affordable housing is a basic human right, but many people struggle to access it due to systemic failures.

Average monthly UK rent up 9% the highest annual increase recorded

Rising rents in the UK, hitting record highs
Call for government intervention to address unaffordable rents

As Bay Area homeless encampment sweeps intensify, so do questions and pushback

Government-led homeless camp sweeps are intensifying in California post-executive order, drawing both support and pushback from advocates and officials.

Addressing the U.S. homelessness crisis

Homelessness in the U.S. increased by 12% between 2022 and 2023, the largest jump since 2007.
Affordable housing is a basic human right, but many people struggle to access it due to systemic failures.

Average monthly UK rent up 9% the highest annual increase recorded

Rising rents in the UK, hitting record highs
Call for government intervention to address unaffordable rents
moreaffordable-housing

Warning Signs for Philanthropy: The Authoritarian Crackdown on Social Movements - Non Profit News | Nonprofit Quarterly

Growing authoritarian attacks on freedoms by government officials and the significant impact on social justice movements.

UK urged to consider ban on artificial stone worktops over silicosis risk

The government is urged to consider banning artificial stone worktops due to the health risks associated with inhaling silica dust during their manufacture.

Most airlines except one are recovering from the CrowdStrike tech outage. The feds have noticed.

Delta Air Lines faced challenges with recovery from a technology outage, with over 5,500 flights canceled. Secretary Buttigieg emphasized customer care and rule enforcement.
from Axios
6 months ago

Behind the Curtain: AI's ominous scarcity crisis

Creating human-like AI requires massive data and compute power, leading to energy scarcity.
Tech giants may operate like virtual nation-states due to their resources.

Alibaba Cloud said its AI was soaring. Now it's cut prices

Chinese AI players cutting prices to stimulate demand.
from www.theguardian.com
6 months ago

World is ill-prepared for breakthroughs in AI, say experts

Governments are lagging in regulating AI safety despite warnings from AI experts like Hinton and Bengio.
#financial-crisis

Ex-ministers warn UK universities will go bust without higher fees or funding

The next government needs to raise tuition fees or increase funding for universities urgently to prevent bankruptcies within two years.

Thames Water could be taken over by the government

Government considers taking over debt-ridden Thames Water.

Ex-ministers warn UK universities will go bust without higher fees or funding

The next government needs to raise tuition fees or increase funding for universities urgently to prevent bankruptcies within two years.

Thames Water could be taken over by the government

Government considers taking over debt-ridden Thames Water.
morefinancial-crisis
#regulations

Gov't critics of autonomous vehicles raise alarm as Cruise purportedly disgorges massive settlement

Autonomous vehicle company settled payout with pedestrian for $8-12 million, sparking increased demand for regulations.

Bitcoin Is Built To Last: How The Network Defends Against Attacks

Bitcoin is a highly reliable and robust distributed system with only two minor disruptions in its history, setting a golden standard of expectations for users.

Gov't critics of autonomous vehicles raise alarm as Cruise purportedly disgorges massive settlement

Autonomous vehicle company settled payout with pedestrian for $8-12 million, sparking increased demand for regulations.

Bitcoin Is Built To Last: How The Network Defends Against Attacks

Bitcoin is a highly reliable and robust distributed system with only two minor disruptions in its history, setting a golden standard of expectations for users.
moreregulations

Opinion | China's Dead-End Economy Is Bad News for Everyone

Chinese manufacturing overcapacity distorts global trade with cheap exports. Repressive Communist Party control stifles necessary economic reforms.
China's overreliance on exporting and excessive government control hinder economic growth. Embracing free market principles and empowering consumers could lead to necessary reforms.

The U.S. Government's Hypocritical Case Against Tornado Cash

Privacy services like Tornado Cash are used for money laundering, prompting government intervention.
#antisemitism

What if pro-Palestinian protests cross the Atlantic? France and the UK fear contagion

European campuses witnessing protests similar to the US with concerns of contagion and government intervention.

Will academic freedom and campus free speech survive?

The targeting of faculty and student expression supporting Palestinians on U.S. campuses has led to arrests and escalating tensions.

What if pro-Palestinian protests cross the Atlantic? France and the UK fear contagion

European campuses witnessing protests similar to the US with concerns of contagion and government intervention.

Will academic freedom and campus free speech survive?

The targeting of faculty and student expression supporting Palestinians on U.S. campuses has led to arrests and escalating tensions.
moreantisemitism

Biden Rips Trump In Blistering Video Over Shocking' Abortion Comments In Time Mag Interview

President Biden criticizes Trump for extreme abortion stance and state prosecutions, advocating for abortion rights as a personal decision between a woman and her doctor.

Rough sleeping in London has risen by a third, latest data shows

Cuts to addiction and mental health services contribute to the rise in rough sleeping in London.

Dutch city pilots radical debt cancellation scheme for poor families

Arnhem city is canceling debts of the poorest families to break the downward spiral and provide a fresh start.

GPU access: Govt may chip in with Nvidia deal

India may collaborate with Nvidia to provide GPUs for AI initiatives at subsidized rates, reflecting global trends in securing AI compute infrastructure.

Burials blocked at north London cemetery after claims of grave desecration

Government has ordered Tottenham Park Cemetery in London to stop burials after inspections found desecration and uncovered human bones.
Enfield Council leader and community members expressed gratitude to the Government for taking action to ensure respect and maintenance of deceased remains.

Government should hold inquiry into pupils' access to dangerous' online content

Exposure to harmful online content is fueling sexism and misogyny in schools.
Calls for government intervention to address the issue and regulate big technology companies.

Bay Area civil rights advocates slam Newsom over support for Supreme Court homeless camp appeal

Cities on the West Coast must offer shelter before clearing homeless encampments.
Bay Area civil rights groups urge Supreme Court to uphold the mandate, accusing officials of deflecting responsibility.

Warning young people are turning to porn to learn about sexual health

Sex education in schools is failing, leading young people to rely on online information about sexual health, exposing them to harm.
The number of STI diagnoses in England is increasing, with young people being disproportionately affected, highlighting the urgency for better sexual health education and prevention strategies.

Thousands trapped in flats with Grenfell-style cladding scammed' by insurers

Residents trapped in homes with Grenfell-style cladding face exorbitant insurance costs, surging up to 1,000%.
Insurance companies are accused of profiteering from the cladding issue, while the government's intervention is deemed crucial but insufficient.

Tories and Labour urged to show courage' to act on unhealthy food

Two-thirds of British voters support government intervention to make food healthier.
Political parties urged to tackle rising diet-related illnesses by pushing for healthier food production.

State Department Report Warns of AI Apocalypse, Suggests Limiting Compute Power Allowed for Training

AI advancement poses catastrophic risks to humanity if not managed proactively.
Experts suggest establishing limits on compute power for AI training and government intervention to mitigate risks.
#regulation

Premier League clubs accused of 'parking the bus' over new EFL funding deal - Soccer News

Premier League clubs did not vote on a new cash offer for EFL, focusing on replacing controversial rules.
Government may intervene with a new regulator if Premier League and EFL fail to reach a deal.

UK universities need rescue package to stop domino effect' of going under

The new head of the Office for Students (OfS) will need to address the financial challenges facing universities to prevent potential closures.

Premier League clubs accused of 'parking the bus' over new EFL funding deal - Soccer News

Premier League clubs did not vote on a new cash offer for EFL, focusing on replacing controversial rules.
Government may intervene with a new regulator if Premier League and EFL fail to reach a deal.

UK universities need rescue package to stop domino effect' of going under

The new head of the Office for Students (OfS) will need to address the financial challenges facing universities to prevent potential closures.
moreregulation

UK network operators ask govt to fend off attacks on fiber

Alternative network providers are calling for government help in protecting fiber infrastructure against physical attacks.
Recent attacks on fiber networks are posing a threat to public services and businesses, resulting in disruptions in communities.

Employers who spy on their remote workers do so at their own peril

Employee surveillance in the hybrid work environment may be counterproductive and negatively impact morale and productivity.
The federal government is taking steps to protect employees from intrusive monitoring practices.

Councillors warn of threat to local democracy' in England after budget cuts forced on Nottingham

Local democracy in financially stricken cities is threatened by lack of control over budget decisions.
Government-appointed commissioners and senior officers have usurped power from elected councillors in Nottingham city council.
#cyberattack

Cyberattack Paralyzes the Largest U.S. Health Care Payment System

Providers facing severe cash squeeze after cyberattack on billing system
Government steps in to provide financial relief to affected medical care providers.

Cyber Insurers Warn Catastrophic Hacks Will Require Government Help

A cyberattack in the U.S. may exceed the insurance industry's capacity to cover, necessitating government intervention.
Efforts are being made to establish a federal backstop to assist insurers in the event of a catastrophic cyberattack.
Government officials and the insurance industry are discussing the details of such a program.

Cyberattack Paralyzes the Largest U.S. Health Care Payment System

Providers facing severe cash squeeze after cyberattack on billing system
Government steps in to provide financial relief to affected medical care providers.

Cyber Insurers Warn Catastrophic Hacks Will Require Government Help

A cyberattack in the U.S. may exceed the insurance industry's capacity to cover, necessitating government intervention.
Efforts are being made to establish a federal backstop to assist insurers in the event of a catastrophic cyberattack.
Government officials and the insurance industry are discussing the details of such a program.
morecyberattack

Indian firms begrudgingly comply with Google Play rules while seeking regulatory intervention | TechCrunch

Indian firms are reluctantly complying with Google's Play Store billing rules to get their apps back on the store.
Options for developers include Google Play billing, alternative billing, or consumption-only model to avoid service fee.

AlphV/BlackCat claims credit for loanDepot cyberattack

Ransomware gang AlphV/BlackCat claimed responsibility for cyberattacks on loanDepot and other financial firms.
LoanDepot experienced a cyberattack compromising sensitive personal information of 16.6 million individuals.

Tory former business secretary criticises successors abandoning industrial strategy'

Former Conservative business secretary criticizes successors for abandoning industrial strategy
UK failing to keep up with US, EU, and China in promoting domestic advanced industries

Cameron government knew secret Post Office probe was ditched

Post Office dropped internal investigation into Horizon system
700 postmasters prosecuted by Post Office due to faulty Horizon software
Delays in compensating postmasters despite quashed convictions

The Mainstream Media Are Dying of Self-Inflicted Wounds

American journalism faces severe layoffs and losses in newsrooms.
Proposed solutions include government intervention and reevaluating journalistic objectivity.

Bell CEO, other execs called to committee to answer questions about job cuts | CBC News

Members of Parliament have invited top executives from BCE Inc. and Bell Canada to testify about the company's decision to cut jobs.
The House of Commons heritage committee agreed to invite BCE Inc. CEO Mirko Bibic, Bell Media president Sean Cohan, and the parent company's CFO Curtis Millen to address the cuts.

Construction of affordable homes in London is grinding to a halt, Gove told

Housebuilding in London has slowed down dramatically, with the number of affordable homes being built dropping by 75% in the last year.
The G15, representing the 11 largest housing associations in London, is calling on the government to inject billions of pounds into an affordable homes building program.

Kwame Kwei-Armah steps down from Young Vic and calls for government intervention' for theatres

Kwame Kwei-Armah is stepping down as artistic director of the Young Vic after six years.
He calls for government intervention to support the struggling UK theatre industry.

Written off': Black Caribbean schoolgirls' exclusions triple in last year

Exclusion rates for Black Caribbean girls in schools have tripled within the past year, while rates for Gypsy schoolgirls have doubled.
Campaigners are calling for zero tolerance towards harmful behavior policies and are urging the government to intervene.

Healey intervenes in Newton teachers strike; talks last through the night to no avail

Classes were canceled in Newton due to the ongoing teachers strike.
Gov. Maura Healey has intervened in the strike, filing a pleading to hold status conferences for constant updates on negotiations.

Sexual health services in the UK are 'at breaking point' after increase in STIs

Sexually transmitted infections in the UK are on the rise, with an increase in cases of gonorrhoea, syphilis, and chlamydia.
The demand for sexual health services is growing, with a significant increase in consultations and diagnostic tests.
#migrants

Hundreds of Migrants to Return to NYC from Upstate | Fingerlakes1.com

Hundreds of migrants outside NYC to be relocated back due to resource constraints in upstate areas.

Oak Park, which has been providing shelter for migrants, will require them to move out of hotel, YMCA by Jan. 31

Approximately 160 migrants housed in Oak Park will be required to move out by Jan. 31.
The village will assist migrants in finding new shelter, including potentially relocating them to another city or state if they have stable housing there.

Hundreds of Migrants to Return to NYC from Upstate | Fingerlakes1.com

Hundreds of migrants outside NYC to be relocated back due to resource constraints in upstate areas.

Oak Park, which has been providing shelter for migrants, will require them to move out of hotel, YMCA by Jan. 31

Approximately 160 migrants housed in Oak Park will be required to move out by Jan. 31.
The village will assist migrants in finding new shelter, including potentially relocating them to another city or state if they have stable housing there.
moremigrants

Report hits out at glacial' progress plan to stamp out police racism

Glacial progress in Police Race Action Plan, need for government intervention

UK government to re-open planning process for two rejected data centers

Deputy prime minister and chancellor to re-open rejected data center planning submissions for economic benefits.

State Department of Public Health Won't Intervene in Upcoming Closure of East San Jose Trauma Center | KQED

The California Department of Public Health (CDPH) cannot compel hospitals to provide supplemental services, impacting healthcare access for disadvantaged communities.

Second Canadian scientist alleges brain illness investigation was shut down

Government halted investigation into brain illness in New Brunswick, affecting more people than acknowledged.

Football regulator 'won't be good' - Ratcliffe

Sir Jim Ratcliffe opposes football regulator and supports Manchester United decisions.

Why bashing billionaires won't solve the inequality crisis

Government intervention in the economy may have unintended consequences, ultimately enabling the wealth gap and billionaire class growth.
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