Category: Government
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Government Borrowing in May Reaches Post-Covid Peak
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Government borrowing rose in May to £15bn, the highest level since the Covid-19 pandemic, but still below expectations from the Office for Budget Responsibility (OBR). This figure was £800 million higher than in May last year, but £600 million lower than the Office for Budget Responsibility had predicted. As the…
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Illegal vapes are flooding the market and the government is scrambling
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Millions of young Americans are addicted to nicotine — and politicians attacked top public health officials during a contentious hearing Wednesday on the rapid rise of illegal e-cigarettes. In particular, the senators blamed the Food and Drug Administration (FDA) and the Department of Justice (DOJ) for not enforcing the Tobacco…
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US government attempts to seize $200k in Tether that was part of pig-butchering crypto scam
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The US has initiated a forfeiture case to seize nearly $200,000 worth of USDT held on Binance linked to a $1.1 million pig slaughter scam. The funds in question are related to two pig slaughter scams that defrauded an unidentified victim of more than $1 million. documents foot The District…
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US government attempts to seize $200k in Tether that was part of pig-butchering crypto scam
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The US has initiated a forfeiture case to seize nearly $200,000 worth of USDT held on Binance linked to a $1.1 million pig slaughter scam. The funds in question are related to two pig slaughter scams that defrauded an unidentified victim of more than $1 million. documents foot The District…
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Israel centrist minister Gantz quits Netanyahu government By Reuters
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By Death Lobel JERUSALEM (Reuters) – Israeli Minister Benny Gantz announced his resignation from Prime Minister Benjamin Netanyahu’s emergency government on Sunday, withdrawing the only centrist force from the far-right coalition led by the embattled leader amid a months-long war in Gaza. Netanyahu issued a brief statement in which he…
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Exposed: How an intern hired staff for a government agency
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The National Government Affirmative Action Fund (NGAAF) used an intern to recruit district coordinators to deploy across the country, an audit has revealed, exposing gaps in human resources management at the agency set up to help Kenya reduce poverty and inequality. The intern was part of the interview and selection…
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Tokyo’s government plays matchmaker with new dating app to reverse its plunging birth rate
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Japan’s birth rate is so low that the government of its largest city will take desperate measures to help couples find love. The Tokyo Metropolitan Government’s latest innovative idea is to play Cupid by launching a dating app, and it has already set aside $1.28 million for its debut by…
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Mark Carney Rules Out Role in Future Labour Government
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Former Bank of England Governor Mark Carney has categorically ruled out any role in a future Labor government. When asked about the possibility of an official position or whether he had received any offers, Carney laughed and replied: “My time in officialdom in the UK is over.” Carney, who led…
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UK Finance Urges Post-Election Government to Prioritise Growth and Fraud Prevention
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UK Finance, the prominent banking trade association, has issued a call to action for the next government to implement policies that will stimulate economic growth and promote financial participation. Their Financial Services Statement sets out key initiatives aimed at tackling critical issues such as financial education, fraud prevention, and supporting…
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IFS Warns of Tight Fiscal Constraints for Next Government
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Britain’s fragile public finances will cast a pall over the general election campaign, with both Rishi Sunak and Sir Keir Starmer warning of looming fiscal challenges by a leading economic think tank. The Institute for Fiscal Studies (IFS) warns that the economy faces the “worst of both worlds” – lower…
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UK Government Plans Training ‘Bootcamps’ to Address Worker Shortages Amid Immigration Cuts
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The UK government is set to introduce skills “boot camps” to train unemployed individuals for jobs in sectors such as hospitality, social care and logistics. The initiative, announced by Mel Stride, Secretary for Work and Pensions, aims to address the potential shortage of workers resulting from the crackdown on migrant…
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British AI pioneers share £1 million in prizes as government unveils inaugural Manchester Prize finalists
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Ten teams from across the country have been selected as finalists for the inaugural Manchester Prize, a prestigious challenge award that rewards achievements in artificial intelligence for the common good. The Prime Minister announced this as the AI Summit takes place in Seoul today, and the finalists will each receive…
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British AI pioneers share £1 million in prizes as government unveils inaugural Manchester Prize finalists
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Ten teams from across the country have been selected as finalists for the inaugural Manchester Prize, a prestigious challenge award that rewards achievements in artificial intelligence for the common good. The Prime Minister announced this as the AI Summit takes place in Seoul today, and the finalists will each receive…
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I can’t think of any government which has done more to stop British food production
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Nigel Farage said he could not think of any government in recent times that has done more to destroy British food production. Talking to GB News Nigel Farage said: “In Downing Street this morning, there was a gathering, it seemed, of all the great and good of British agriculture and…
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Lidar maker Hesai sues US government, denies alleged link to China’s military By Reuters
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SAN FRANCISCO (Reuters) – China-based Hisai Group filed a lawsuit against the U.S. government on Monday to add the maker of lidar light sensors to a list of companies allegedly working with the Chinese military. Hesai, whose sensors help self-driving cars and driver assistance systems obtain a 3D map of…
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Nigerian Government Refutes $150M Bribery Claims by Binance CEO
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The Nigerian government has denied allegations made by Binance CEO Richard Teng, claiming that its officials demanded a $150 million bribe to settle criminal charges against the cryptocurrency exchange. Special Assistant to the Minister of Information and National Guidance, Rabie Ibrahim, said in an official statement on Wednesday: It was…
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Binance Slapped With $4.4 Million Fine By Canadian Government
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Canada fined Binance – the world’s largest cryptocurrency exchange – for violating the country’s anti-money laundering rules last year. to General note Published on Thursday, the federal government said Binance had not complied with rules and registrations related to operating as a foreign financial services business (FMSB). Binance was fined…
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Car Industry Urges UK Government Action to Boost Waning Electric Vehicle Demand
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Carmakers are sounding the alarm about slowing demand for electric cars among private buyers in the UK, leading to urgent calls for government intervention to reignite interest in battery-powered cars. Although overall UK vehicle registrations increased by 1% year-on-year to 134,000 in April, driven by fleet sales, sales to private…