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US: No tolerance on micron chip drama!
🤳 29th May 2023 | Biden, McCarthy Strike Deal, Putin's Ally Proposes Nuclear Weapons, Microsoft Executive Demands Accelerated AI Regulation, and more!
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What’s Happening? China is gearing up to send its first civilian astronaut, payload expert Gui Haichao, into space on Tuesday. This marks a significant step in China's ambitious "space dream," with plans to establish a lunar base by 2029. The mission to the Tiangong space station is a stride toward long-term human presence for scientific experimentation in space. Despite being excluded from the International Space Station, China remains open to foreign collaboration. 🚀
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“Good news,” Biden declared Sunday evening at the White House.
🤝 Biden, McCarthy Strike Deal to Prevent US Default; Congress Approval Pending
President Biden and House Speaker McCarthy reached a bipartisan agreement to raise the debt ceiling, narrowly averting a historic government default. "The agreement prevents... a default, for the first time in our nation’s history," said Biden. The deal includes spending cuts, work requirements for food stamp recipients, and a pipeline project. A potentially tumultuous period awaits as they seek Congressional approval ahead of the June 5 default deadline.
🇺🇸 US Commerce Secretary: No Tolerance for China's Micron Chip Ban
US Commerce Secretary Gina Raimondo declared the US "won't tolerate" China's "economic coercion" in effectively banning Micron Technology memory chips. Raimondo asserted, "These target a single U.S. company...and we won't tolerate it." She underscored the importance of allied collaboration with China's Commerce Minister and the $52 billion CHIPS Act for US semiconductor production. This poses a critical question: Can international unity combat such economic strategies?
Lukashenko says joining the Russia-Belarus alliance comes with nuclear weapons, Getty Images
💣 Putin's Ally Proposes Nuclear Weapons Access to Russian Supporters
Belarusian President Alexander Lukashenko has proposed offering nuclear weapons to countries willing to join the Russia-Belarus "Union State" pact amidst the Ukraine war. "There will be nuclear weapons for everyone," said Lukashenko, stirring global controversy. Despite this, experts regard Russia's nuclear threat as a mere tactic to deter Western support for Ukraine & term the move "a massive strategic error" & "hollow."
🇹🇷 Erdogan Successfully Prolongs 20-Year Rule in Turkey's Election
President Tayyip Erdogan secures another term in power in a highly contentious election, marking 2 decades of his rule in Turkey. Despite claims of "the most unfair election in years" by opponent Kemal Kilicdaroglu, Erdogan triumphed with 52.1% votes. This election outcome promises 5 more years of Erdogan's increasingly authoritarian policies. "The only winner today is Turkey," proclaimed Erdogan. Turkey's political landscape might see a shift under his continued leadership!
🤖 DeepMind Co-founder Predicts Google Search Obsolescence in 10 Years
DeepMind co-founder Mustafa Suleyman foresees a future where Google's search evolves into a fluent, conversation-based interface, replacing the 'old-school' 10 blue links approach. He introduced "Pi," a new AI companion via Inflection AI, which aligns with user interests, and also proposed a "router" system as the next big breakthrough. This comes alongside his critical view on generality in AI and Google's current engagement-reward system.
💻 Microsoft Executive Demands Accelerated AI Regulation
Microsoft executive Brad Smith calls for expedited AI regulation, touting its wide-ranging potential and growing power. Emphasizing AI's changing impact on work and the need for 'AI safety protocols,' Smith also proposes a watermark system for tackling deep fakes and a new regulatory agency. His key message: 'The world is moving forward... Let’s make sure that the United States at least keeps pace with the rest of the world.'
Josef Newgarden ended 11 years of frustration
🏎️ Newgarden Clinches First Indianapolis 500 Win on 12th Try
Josef Newgarden finally clinched his first Indianapolis 500 win on his 12th attempt, boosting team owner Roger Penske's record to 19 victories. After a controversial review moved him from fourth to second, Newgarden seized the lead, ultimately defeating Marcus Ericsson by .0974 of a second. He emotionally said, 'Everyone kept asking why I hadn't won this race... I knew I was capable. I knew I could.'
⚽ Messi's Record-Breaking Goal Helps PSG Secure 11th French Title
Paris Saint-Germain clinches a record 11th Ligue 1 title, aided by Lionel Messi's 496th league goal, surpassing Cristiano Ronaldo's record. Despite a lackluster season, marked by Champions League and French Cup exits, a draw against Strasbourg confirmed PSG's championship status. However, Messi's future at the club is uncertain amid growing speculation of his departure, saying, 'What is certain is that Messi will not be with PSG next year.'
California amid growing wildfire concerns
🏠 State Farm Halts New Home Insurance Policies in California Due to Wildfire Threats
Starting Saturday, State Farm will stop accepting new home insurance applications in California, attributing the decision to "historic" construction cost increases and "rapidly growing catastrophe exposure." This comes following wildfires in the state. State Farm stated, "We take seriously our responsibility to manage risk... it’s necessary to take these actions now to improve the company’s financial strength." Current auto insurance policies remain unaffected.
🍞 UK Government Urges Supermarkets to Implement Price Caps on Essential Foods
UK government, grappling with 19% food inflation, may urge supermarkets to cap basic food item prices, per The Telegraph. However, Health Minister Steve Barclay suggested it wasn't certain while working constructively with supermarkets. The British Retail Consortium dismissed the approach as ineffective, blaming high costs on energy, transport, and labour. "This will not make a jot of difference to prices," said BRC's Andrew Opie.
🔒Musk Backs Twitter's Censorship Surge, Challenges Critics: 'Choice or Throttle?’
Elon Musk, once a 'free speech absolutist' defending Twitter's increased censorship since his $44 billion takeover, notably during Turkey's election, lashed out at journalist Matt Yglesias, calling him a 'numbskull' for criticizing it. Musk argues, 'The choice is have Twitter throttled in its entirety or limit access to some tweets. Which one do you want?' prompting further concerns about Twitter's changing stance on free speech." His shifting stance on free speech has critics questioning Twitter's future and its commitment to free discourse.
The 1953 British summit of Everest was when the first people stood atop the world's highest mountain.
This day in 1953 was a monumental triumph!
Edmund Hillary and Tenzing Norgay conquered the majestic Mount Everest, defying all odds. Scaling the world's tallest peak at 29,032 feet, they etched their names in history, inspiring adventurers to reach new heights. A truly awe-inspiring feat accomplished on this remarkable day.
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