Arthur Hayes warns AI job losses could trigger $500 billion banking crisis

BitMEX cofounder Arthur Hayes has warned that artificial intelligence driven job losses could spark a major credit crisis in the United States, arguing that recent Bitcoin price movements are signaling mounting stress in the financial system. In an essay titled “This Is Fine” published on his Substack, Hayes said Bitcoin’s......

Mistral CEO says over half of enterprise software will shift to AI

Arthur Mensch, chief executive of Mistral AI, said more than half of today’s enterprise software spending could migrate to artificial intelligence driven solutions, offering one of the clearest forecasts yet on how deeply AI may reshape the software industry. Speaking at the India AI Impact Summit in New Delhi on Wednesday, Mensch told......

Russian oil companies face bankruptcies as sanctions slash prices

Russia’s oil sector is entering its deepest crisis in decades as Western sanctions drive export prices sharply lower and push smaller producers toward insolvency, threatening a central pillar of the Kremlin’s wartime economy. State lender VTB is preparing to file for bankruptcy against First Oil, a company owned by former Sibur......

UK chairs first UN talks with Israeli and Palestinian officials since October 7

Foreign ministers gathered Wednesday at the United Nations for a Security Council ministerial session on the situation in Palestine, as international pressure mounts over recent Israeli measures expanding control in the occupied West Bank. The meeting, chaired by British Foreign Secretary Yvette Cooper in her capacity as president of the......

Climate change adds 47 harmful heat days to coffee regions

Rising temperatures and increasingly extreme weather linked to climate change are posing growing risks to global coffee and wheat production, according to two new studies published this week, with potential consequences for farmers and consumers alike. An analysis released Wednesday by Climate Central found that the world’s main coffee......

Survey finds 86 percent of firms reducing VMware use after Broadcom deal

Two years after Broadcom completed its $61 billion acquisition of VMware, the large scale customer exodus many had predicted has not materialized. Instead, companies are gradually scaling back their reliance on VMware as they reassess long term infrastructure strategies. A new report released by CloudBolt Software shows that 86 percent of......

Geneva Ukraine Russia talks stall amid Medinsky stance

Peace negotiations between Russia and Ukraine in Geneva have been overshadowed by renewed tensions following the Kremlin’s decision to reinstate Vladimir Medinsky as head of the Russian delegation. The appointment of the nationalist adviser to President Vladimir Putin and former culture minister, announced on February 13 by Kremlin spokesman......

Wildfires force evacuations in Woodward as flames threaten homes

A rapidly advancing wildfire pushed residents from their homes in and around Woodward, Oklahoma, as dry vegetation and strong winds fueled flames toward residential areas and key facilities. Authorities issued urgent evacuation guidance for parts of the city’s southwest, advising people living west of 13th Street and south of Oklahoma......

Immigration judge blocks Trump administration’s attempt to deport Palestinian student

A U.S. immigration judge has rejected efforts by the administration of Donald Trump to deport a Palestinian student involved in pro-Palestinian campus activism, marking the latest legal setback in a broader crackdown on non-citizen demonstrators. The case concerns Mohsen Mahdawi, a student at Columbia University, who was arrested in 2025......

Air pollution linked directly to Alzheimer disease in major US study

Long term exposure to fine particulate air pollution is directly associated with a higher risk of Alzheimer disease, independent of cardiovascular conditions such as stroke and high blood pressure, according to a large scale study of nearly 28 million older Americans published in PLOS Medicine. The research, led by Yanling Deng of Emory University......

Scientists trace antarctic gravity hole to 70 million years of deep earth shifts

Two new scientific studies are reshaping understanding of Antarctica’s geological past and its potential future, linking slow-moving forces deep within the Earth to the evolution of the continent’s vast ice sheets. Researchers have traced the origins of Antarctica’s so called gravity hole, the strongest gravitational anomaly......

India seizes Iran linked tankers and deploys 55 vessels

India has confirmed the seizure of three oil tankers under US sanctions suspected of operating within Iran’s so called shadow fleet, marking the country’s first major enforcement action against ships accused of evading international oil restrictions. The operation comes amid improving ties between Washington and New Delhi following......

UK lawmakers consider probe into Andrew over Epstein leaks

British lawmakers are weighing a possible parliamentary inquiry into the decade Andrew Mountbatten-Windsor served as the United Kingdom’s trade envoy, following newly released US Justice Department files indicating he may have shared confidential government briefings with convicted sex offender Jeffrey Epstein. Liam Byrne, chair of......

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