China turned coral reefs into military bases right next to the Philippines.
It built fighter-jet runways, missile systems, and radar on artificial islands after promising not to militarize them.
It drives Filipino fishermen away from Scarborough Shoal with water cannons and ramming.
An international court said the claims are illegal.
China ignored the ruling and kept building.
These aren’t disputed rocks anymore. They’re permanent Chinese military outposts in someone else’s waters.
I love people that say 'Oil industry must pay'. I'm wondering from where they will get urea if the oil industry weren't there.
Global warming is a serious problem, however this simplistic approach won't work.
France is on fire.
Spain is on fire.
Norway is on fire.
Sicily is on fire.
Ontario is on fire.
Scotland is on fire.
Bolivia is on fire.
Algeria is on fire.
England is on fire.
Wales is on fire.
Tunisia is on fire.
Greta wasn’t wrong when she said our house was on fire
It’s time to make the oil industry pay for the damage they’ve done as we put them out of business FOR GOOD!
#MakePollutersPay
I’m giving thousands of pubs, clubs and music venues a 20% cut in business rates.
I won’t stand by while these cherished local spaces disappear, replaced by boarded-up windows and ‘For Sale’ signs.
They’re the heart of our communities and it’s time we backed them.
Seen that opinion poll in which millionaires say they're in favour of a wealth tax on millionaires?
It's an absolute masterclass in how to get the polling result that you want. And the detail shows the opposite of what we're told it shows.
Thread:
This fantastic figure by @jburnmurdoch is Exhibit 1 of what an aging society means for the political game: public investment, which is choosing future rewards over present consumption, gets squeezed out.
Still not convinced this is a first-order challenge?
China is leading the global nuclear race:
China now has 39 nuclear reactors under construction, more than the next 12 countries combined.
This is followed by India and Russia, at 8 and 7, respectively, less than half of China's total combined.
China also has a much younger pipeline of nuclear projects, with reactors currently under construction averaging just ~2.8 years since work began.
By comparison, the global average stands at ~5.8 years, inflated by long-delayed projects, such as India's 22-year construction timeline and Brazil's 16-year timeline.
Meanwhile, the US currently has no large commercial nuclear reactors under construction.
China is building the world's largest pipeline of nuclear reactors.
Kimi fixed all 15 critical bugs in 10 hours in a single prompt that GPT-5.6 and Fable 5 refused to fix because of guardrails.'
Respect for Chinese open source models is growing daily.
Okay this is wild: OpenAI agent during evaluation, escaped sandboxing and hacked into HuggingFace.
Because OpenAI models don’t allow advanced cyber capabilities, HuggingFace used a Chinese open model to contain the rogue OpenAI agent.
Consequential for the British economy:
Once again, the UK is experiencing the largest move in government bond yields (Bloomberg data below).
This coincides with the new Prime Minister, Andy Burnham, recommitting to existing fiscal rules while also seeking "flexibility" within them.
#economy #uk #markets #bonds
Neither big party wants to acknowledge this.
Between 2010 and 2024 share of tax paid by high earners rose sharply.
Big cuts in higher and additional rate thresholds, and in pension tax relief, hit them hard.
Trade offs as ever. But please let’s not pretend this didn’t happen.
Literally the tax policy of the last Tory government.
At some point we need to recognise relentlessly hammering the most economically productive people in the country might not be something we can do forever with no consequences.
@steviemccallum@TomHCalver Since stamp duty is in place, downsizing is not efficient for wealth preservation (I.e way better to use equity release). Stamp duty must go.
Andrej Karpathy just said what no one wants to admit:
"Your agent loop is generating garbage at scale and you can't see it."
1 output looks fine. 1,000 outputs = dead entropy, dead diversity.
90% of AI companies are building demos, not products.
In a 20-minute conversation, Karpathy reveals the full reasoning stack
Exactly right thing to do. But we need legislative certainty, and quickly. Current law says pension age increases in mid 2040s. This seems like a very odd way of making/confirming policy. Please. Raise pension age to 68 in late 2030s. But be clear, honest and transparent about it
Latest Covid Inquiry report finds PPE failures left NHS staff poorly protected and wasted £10 billion.
Baroness Mone still sits in House of Lords but has yet to pay a penny of the £122m she owes for ripping off the NHS.
Also managed to keep the private jet and the superyacht.