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Putin seeks to regain control after Wagner revolt

Members of Wagner group looks from a military vehicle in Rostov-on-Don late on June 24, 2023.  Roman Romokhov | AFP | Getty Images The recent Wagner rebellion exposed deep divisions within Russia’s military forces, raising questions about what it all means for the mercenary group’s fighters and the war in …

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Google has had productive talks with EU on AI Act, cloud boss says

Thomas Kurian, CEO of Google Cloud, speaks at a cloud computing conference held by the company in 2019. Michael Short | Bloomberg | Getty Images LONDON — Google is having productive early conversations with regulators in the European Union about the bloc’s groundbreaking artificial intelligence regulations and how it and …

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China decoupling would be ‘suicide’ for Europe: Hungary’s Péter Szijjártó

European leaders have struggled to formulate a unified Sino-European strategy, with some states echoing U.S. calls for a complete disassociation — or decoupling — while others have preferred a softer, derisking approach. Thomas Trutschel | Photothek | Getty Images Hungary’s foreign minister said Tuesday that any move to decouple, or …

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Lagarde says inflation still too high in euro area, cannot declare victory yet

Christine Lagarde, president of the European Central Bank (ECB). Bloomberg | Bloomberg | Getty Images European Central Bank President Christine Lagarde said Tuesday that inflation is still too high and it’s still too early for her organization to declare victory over consumer price rises. Speaking at the Sintra central banking …

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Oil prices climb after Russia mutiny stoke fears of supply disruption

Russia’s President Vladimir Putin issues a statement in Moscow on June 24, 2023 as Wagner fighters stage rebellion in the biggest threat to Putin’s quarter-century grip on power. Pavel Bednyakov | AFP | Getty Images Oil prices rose on Monday after an attempted insurrection in Russia stoked fears that energy …

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Putin vows to punish those involved in mutiny, accuses them of treason

Russian President Vladimir Putin delivers a statement following talks with Algeria’s President at the Kremlin in Moscow on June 15, 2023. Mikhail Metzel | AFP | Getty Images Russian President Vladimir Putin pledged to punish everyone involved in the “armed rebellion” and accused them of treason. In a televised address …

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At Cannes Lions ad festival, all the talk is about Bud Light’s fiasco

sparked controversy in April after transgender influencer Dylan Mulvaney showcased a personalized can of the beer on social media, drawing ire and boycott calls from conservative circles. Mike Moore | Getty Images Entertainment | Getty Images Bud Light’s ill-fated Dylan Mulvaney collaboration dominated conversations among marketers gathered in southern France …

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Ukraine counteroffensive proving tough as Russia mounts resistance

A Ukrainian serviceman mans a machine gun as he rides on a MaxxPro MRAP in the recently liberated village of Blagodatne, Donetsk region on June 16, 2023, amid the Russian invasion of Ukraine.  Anatolii Stepanov | AFP | Getty Images It’s becoming increasingly clear that Ukraine could have a long …

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Brits are facing a major mortgage crisis as lending rates soar

Houses pictured on 8th June 2023 in Halifax, United Kingdom. U.K. borrowers are facing sharply higher mortgage costs. Mike Kemp | In Pictures | Getty Images LONDON — U.K. borrowers are facing a cliff edge that could damage the economy as rising mortgage costs hit deal renewals and the number …

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PM Rishi Sunak pitches UK as geographical home of AI regulation

British Prime Minister Rishi Sunak speaks to the media during London Tech Week at the QEII centre on June 12, 2023. Ian Vogler | Wpa Pool | Getty Images British Prime Minister Rishi Sunak made a big pitch to the tech community Monday, casting the U.K. as a global center …

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