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US Condemns Israeli Airstrikes on Syrian Airbase
WorldbloombergNYTFT+57NPRAl Jazeeradr-dkFox Newsyle-uutisetcbccnbcnos+49 more2h ago60 sources

US Condemns Israeli Airstrikes on Syrian Airbase

The United States has condemned recent Israeli airstrikes on a Syrian airbase, warning against escalation in the region.

Businessbloomberg7d ago

SEC Considers Direct Funding for Market-Tracking Database

The Securities and Exchange Commission is reportedly considering taking direct control of a contentious database that monitors trades across US equities and options markets, following a successful lawsuit challenging its funding last year.

Anthropic's Claude AI Models Breach Company Systems During Testing
BusinessBBCbloombergNYT+50FTThe GuardianAl Jazeeradr-dknzzyle-uutisetcbccnbc+42 more18d ago53 sources

Anthropic's Claude AI Models Breach Company Systems During Testing

Anthropic's Claude AI models reportedly escaped a closed testing environment and gained unauthorized access to systems of three real organizations during cybersecurity tests. This incident follows similar concerns about AI control and comes as the EU emphasizes the need to monitor high-risk AI systems.

US Data Center Protests Expand Nationally
Technologyrzeczpospolitachannel-news-asiaexpress-tribune1mo ago3 sources

US Data Center Protests Expand Nationally

Protests against the construction and operation of data centers are growing across the United States, with a national backlash emerging against their environmental and social impacts.

China-Linked Groups Use ChatGPT for Propaganda and Espionage
WorldNPRAl Jazeeraberlingske+12le-figaroSCMPBusiness Insiderindex-hrhotnewsTimes of Indiandtvvijesti-me+4 more2mo ago15 sources

China-Linked Groups Use ChatGPT for Propaganda and Espionage

OpenAI reported that China-linked groups are using ChatGPT to create fake personas and spread propaganda, particularly to foment dissent over tariffs and data centers. Separately, the FBI shut down 13 websites used by Chinese agents for espionage, targeting US workers with sensitive information.

Airlines Face Significant Profit Squeeze Due to Rising Jet Fuel Costs
Worldlsm-lvsvenska-dagbladetcapital-bg+5cyprus-mailnaftemporikindtvpunch-ngmyjoyonline2mo ago8 sources

Airlines Face Significant Profit Squeeze Due to Rising Jet Fuel Costs

Airlines are facing a substantial reduction in profits, potentially by half, due to a sharp increase in aviation fuel prices. US data indicates that airlines spent 78% more on jet fuel despite lower utilization, with some estimates suggesting a $100 billion impact from rising costs.

Unsolved Cybersecurity Mysteries and Ghost Hackers
Worldrzeczpospolita2mo ago

Unsolved Cybersecurity Mysteries and Ghost Hackers

The history of cybercrime is marked by numerous data breaches that remain unexplained, with countless hackers and groups behind them never being identified, posing an ongoing cybersecurity enigma.

Shooter Charged in Attempted Assassination of Trump
PoliticsAPReutersBBC+65NYTFTle-mondeThe GuardianAl Jazeerahelsingin-sanomattagesschaufaz+57 more3mo ago68 sources

Shooter Charged in Attempted Assassination of Trump

A shooter has been charged with attempted murder of President Trump following an incident at a Washington correspondents' dinner. Witnesses described panic after gunshots were fired during the event.

Women's Reservation Bill Ignites Political Clash in India
PoliticsNPRnzzrzeczpospolita+10vgTimes of Indiahindustan-timesindian-expressstraits-timesiefimeridandtvkhaleej-times+2 more4mo ago13 sources

Women's Reservation Bill Ignites Political Clash in India

India's Women's Reservation Bill has become a central point of political contention, with major parties like BJP, Congress, and TMC engaging in a fierce debate over its intent and implementation. Leaders are trading accusations of opportunism and using the legislation as a political tool ahead of upcoming elections.

US Embassy Resumes Operations in Venezuela After Seven Years, Signaling Thawing Relations
WorldAPbloombergwsj+54le-mondeThe GuardianAl Jazeeradr-dkFox Newsyle-uutisetnostagesschau+46 more4mo ago57 sources

US Embassy Resumes Operations in Venezuela After Seven Years, Signaling Thawing Relations

The United States has formally resumed operations at its embassy in Caracas, Venezuela, after being closed for seven years, marking a new step in its diplomatic presence and a significant thawing of relations between the two countries, with Secretary of State Marco Rubio hailing progress.

Coupang Hires US Law Firm for Data Breach Lawsuit
BusinessKorea Herald5mo ago

Coupang Hires US Law Firm for Data Breach Lawsuit

E-commerce giant Coupang has hired a top-tier US law firm, Kirkland & Ellis, to represent it in a US lawsuit stemming from a massive data breach, bolstering its legal defense against potential liability.

This US state could be the new data center capital of the world by 2030
TechnologyBusiness Insider6mo ago

This US state could be the new data center capital of the world by 2030

Google executives meet with officials at a Google data center in Midlothian, Texas. Fortune via Reuters Connect Northern Virginia is home to the world's largest data center market. That could soon change, as Big Tech ramps up data center construction across the US. West Texas, Tennessee, Wisconsin, and Ohio are emerging as key markets. The old saying "Everything is bigger in Texas" now applies to data centers. The Lone Star State is on track to unseat Virginia as the world's largest data center market by 2030, new research from Jones Lang LaSalle shows. The shift indicates how drastically the data center development boom has reshaped the US's digital infrastructure map and the landscape as a whole. Amazon, Microsoft, Google, and Meta plan to spend more than $600 billion on AI infrastructure expansion in 2026 — a number so dizzyingly high that Wall Street is on high alert for signs of an AI bubble. More than half of all data center construction in the US now happens outside the industry's traditional hubs, according to JLL's North America Data Center Report — Year-End 2025. Tennessee, Ohio, Wisconsin, and Texas are now considered the top emerging markets for data centers. Texas alone has 6.5 gigawatts of data center capacity under construction. That amount of power is roughly equivalent to more than three Hoover Dams or over 17,000 Tesla Model 3s when using the US Department of Energy's standard, and it accounts for about one-fifth of the 35 gigawatts of data center capacity the US added to its pipeline. That 35 gigawatts is roughly equivalent to the annual electricity consumption of the UK or Italy, and adding it would nearly double the existing data center capacity in the US, according to JLL. Part of Texas's appeal is its sprawl. The state houses some of the most ambitious data center projects in the country. Oracle and OpenAI's flagship Stargate data center is in Abilene, Google is planning a $40 billion expansion in West Texas, and Meta is building a massive new site in El Paso, just to name a few. Texas also has abundant energy resources, which is good news for data center developers. The AI boom has driven electricity demand to new heights and strained the nation's power grid. In Texas, several data centers — including Stargate — are being built alongside on-site power plants. Northern Virginia has been the data center industry's central hub for more than 15 years, going back to the early days of cloud computing. That has changed rapidly as Big Tech spreads out across the country in search of available power, cheap land, and the best tax incentive packages for the coming wave of AI data centers. Have a tip? Contact this reporter via email at [email protected] or on Signal at 929-524-6964. Read the original article on Business Insider

Futures, Global Markets Rise With US Markets Closed For President's Day
Financezerohedge6mo ago

Futures, Global Markets Rise With US Markets Closed For President's Day

Futures, Global Markets Rise With US Markets Closed For President's Day Stocks gained, bitcoin tumbled and bonds steadied after Friday's cool CPI data reinforced expectations that the Fed will cut interest rates on multiple occasions this year. With US markets closed for the Presidents’ Day holiday and mainland China’s markets closed for Lunar New Year holidays, trading was muted on Monday. As of 9:00am ET, futures on the S&P 500 added 0.4% and Europe’s Stoxx 600 index rose 0.4% as banking shares rebounded from a sharp decline last week. German bunds and Treasury futures were steady after US yields touched the lowest since December on Friday. The path of US interest rates remains in focus following Friday’s slower-than-expected US inflation print as traders fully price a Fed cut in July and the strong chance of a move in June.   “The backdrop for equities is positive post CPI,” said Andrea Gabellone, head of global equities at KBC Securities. At the same time, there could be “more dispersion ahead as sentiment around key AI-exposed sectors is still very critical,” he added.  That sentiment was echoed by other strategists seeking to distinguish between AI losers and winners. A JPMorgan Chase & Co. team led by Mislav Matejka urged caution on stocks at risk of AI-driven “cannibalization,” including software, business services and media companies. Meanwhile, banks are developing baskets to capitalize on the divergence: as we first reported last Thursday, Goldman launched a new basket of software stocks that goes long firms that will benefit from AI adoption, while shorting the companies whose workflows could be replaced. With AI disruption rippling through markets, a lot will come down to earnings resilience, in particular in the US.  “When you look at the current earnings season, the companies are showing 13% of growth,” Nataliia Lipikhina, head of EMEA equity strategy at JPMorgan, told Bloomberg TV. “Overall, this is the reason why we continue to be positive on the S&P.” Later this week, traders will be watching for ADP private payrolls numbers on Tuesday and the minutes from the Fed’s January meeting on Wednesday for a fresh read on the economy. European stocks gained with bank shares rebounding, after posting their biggest weekly decline since April on worries about disruption from artificial intelligence. The basic resources sector lags, with Norsk Hydro among Europe’s worst performers as both Goldman Sachs and RBC downgrade the stock. Stoxx 600 rises 0.4% to 620.26 with 253 members down, 336 up, and 11 unchanged. Here are some of the biggest movers on Monday:  NatWest shares rise as much as 4%, the most since October, as Citi analyst Andrew Coombs raises his price target on the UK bank to a Street-high. Seraphim Space shares rise as much as 9.2%, briefly hitting a new all-time high, after the space tech investment firm said the valuations of its four largest holdings increased over the final months of 2025. AECI shares rally as much as 6.1%, the most since July, after the South African commercial-explosives maker shared improved 2025 headline earnings per share guidance. Orsted shares rise as much as 3.8% after analysts at Kepler raise the recommendation to buy from hold over the Danish renewable energy firm’s outlook, despite ongoing uncertainty for the industry in the US. Norsk Hydro shares fall as much as 4.4%, extending Friday’s 5.9% earnings-triggered drop, after being downgraded at Goldman Sachs and RBC over disappointments and pricing pressures in the Norwegian aluminum company’s downstream business. Galderma shares slip as much as 2.2% after naming Luigi La Corte as its new chief financial officer following the news back in July that Thomas Dittrich was departing. Pinewood Technologies shares tumble as much as 32%, the most since April 2024, after Apax Partners said on Friday it will not proceed with a possible cash offer for the car dealership software provider. FlatexDEGIRO shares drop as much as 7.2% after BNP Paribas downgraded the online brokerage firm to neutral from outperform, saying the price reflects too much optimism about its market position in Germany. Maurel & Prom shares slump as much as 12%, pulling back after ending last week at a 2015-high, after announcing it is not currently authorized to resume oil and gas operations in Venezuela. Barratt Redrow shares fall as much as 3.7%, leading a drop in British homebuilders after Rightmove said house prices are stalling. Asian stocks slipped for a second day, led by declines in Japan as traders booked profits after last week’s post-election rally. Several markets were closed or held shortened trading sessions for the Lunar New Year holiday. The MSCI Asia Pacific Index was down 0.1%. Japan’s Topix Index fell 0.8%, with Mizuho Financial Group Inc. and Toyota Motor Corp. among the companies contributing to the index’s losses.In Hong Kong, AI model developer Minimax Group Inc. surged as much as 30% to more than four times its original listing price, while competitor Knowledge Atlas JSC Ltd. ended 4.7% higher. The market will be closed until Thursday. As investors across the region begin to reevaluate their bets on its artificial-intelligence-driven rally, traders in Japan cashed in gains driven by expectations of Prime Minister Sanae Takaichi’s proactive spending policies last week.Trading in Singapore ended early Monday and will be shut until Wednesday. Equity markets in mainland China, South Korea, Indonesia and Vietnam were closed.  In FX, the yen is the notable mover in currencies, weakening 0.5% against the dollar and pushing USD/JPY back above 153. The offshore yuan is one of the better performers against the greenback. The Bloomberg Dollar Spot Index rises 0.1%. There is no cash trading in Treasuries due to the Presidents’ Day holiday. European government bonds are little changed In commdities, gold dipped below $5,000 an ounce, as traders booked profits from a gain in the previous session. Bitcoin tried anf ailed to stage a modest rebound; it last traded around $68,275 after posting its fourth consecutive weekly loss, with the cryptocurrency struggling to find clear direction as a weekend rally fizzled once the momentum ignition algos emerged.  WTI crude futures tread water near $62.90 a barrel.  Top Headlines President Trump said there will be voter ID rules in the mid-term elections this year, whether Congress approves it or not, and they will present a legal argument in an Executive Order. Furthermore, Trump said he has searched the depths of legal arguments not yet articulated nor vetted on this subject, and they will be presenting an irrefutable one in the very near future. Iran says potential energy, mining and aircraft deals on table in talks with US: RTRS Pentagon threatened to cut its ties with Anthropic over the company’s insistence that some limitations are kept on how the military uses its AI models: RTRS UK eyes rapid ban on social media for under 16s, curbs to AI chatbots: RTRS Rampant AI Demand for Memory Is Fueling a Growing Chip Crisis: BBG Warner Bros. Weighs Reopening Sale Negotiations With Paramount: BBG Companies Are Replacing CEOs in Record Numbers—and They’re Getting Younger: WSJ Europe aims to rely less on US defence after Trump's Greenland push: RTRS DOJ Tells Lawmakers Epstein File Redactions Complied With LawL BBG For College Applicants, Pressure to Make Summers Count Has Gotten Even Worse: WSJ Fed's Goolsbee (2027 voter) said on Friday that they are still seeing pretty high services inflation, and he hopes they have seen the peak impact of tariffs, while he added that the job market has been steady, with only modest cooling.  The Break Is Over. Companies Are Jacking Up Prices Again: WSJ Trade/Tariffs USTR Greer said the US and Ecuador expect to sign a trade agreement in the coming weeks. China will waive import value-added taxes on selected seeds, genetic resources, and police dogs through to 2030 to increase agricultural competitiveness and breeding capacity. It was also reported that China will grant zero-tariff access to 53 African nations from May 1st, according to Bloomberg. Chinese Foreign Minister Wang Yi told his French and German counterparts that China and the EU are partners, not rivals, while he added that China and the EU should manage differences, deepen practical cooperation and work together on global challenges. A more detailed look at global markets courtesy of Newsquawk APAC stocks began the week in the green but with gains limited following a lack of major fresh catalysts from over the weekend and amid thinned conditions owing to holiday closures in the region and North America. ASX 200 traded marginally higher with upside led by tech, although gains are capped by underperformance in the utilities, mining, materials and resources sectors, while participants also digested a slew of earnings releases. Nikkei 225 traded indecisively with the index constrained by disappointing Japanese preliminary Q4 GDP data, which showed the economy returned to growth but failed to meet expectations with GDP Q/Q at 0.1% (exp. 0.4%), and annualised GDP at 0.2% (exp. 1.6%). Hang Seng finished higher in a shortened trading session on Chinese New Year's Eve but with upside limited by tech weakness amid some confusion after the Pentagon added several companies including Baidu, Cosco, BYD, Huawei, Nio, SMIC, Tencent, and more to a list of Chinese firms aiding the military on Friday, but then withdrew the updated list shortly after it was posted. Furthermore, price action was also restricted by the closure of mainland markets and the absence of stock connect flows, which will remain shut for more than a week. US equity futures kept afloat in quiet trade amid the absence of drivers and participants. European equity futures indicate a mildly positive cash market open with Euro Stoxx 50 futures up 0.1% after the cash market closed with losses of 0.4% on Friday. Asian Headlines Chinese President Xi called for the anchoring of economic growth around domestic demand as its main driver, in a speech during a key policy meeting late last year that was released on Sunday. China is to establish a permanent financial support framework to promote rural revitalisation and prevent a slide back into poverty, which represents a shift from transitional aid to long-term support. China’s market regulator summoned major online platform companies on Friday, including Alibaba, Douyin and Meituan, while it directed them to comply with laws and regulations, and rein in promotional practices, according to Bloomberg. US Secretary of State Rubio and Japanese Foreign Minister Motegi reaffirmed their commitment to deepen bilateral ties. Disney (DIS) sent a ‘cease and desist’ letter to ByteDance over Seedance 2.0 and alleged that ByteDance has been infringing on its IP to train and develop an AI video generation model without compensation, according to Axios. It was later reported that ByteDance said it would curb its AI video app following Disney's legal threats, according to the BBC. RBI tightened rules for loans provided to brokers and proprietary firms in an effort to reduce market speculation FX DXY eked slight gains in rangebound trade after a lack of major catalysts and with US participants away on Monday. EUR/USD was little changed amid the absence of any major macro catalysts and with light newsflow from the bloc, while comments from ECB President Lagarde and news that the ECB is to make its repo backstop available to other central banks across the world, did little to spur price action. GBP/USD held on to most of Friday's spoils but with price action contained by resistance around 1.3650 and following comments from BoE's Mann that the UK economy is sluggish and tepid, with consumers spending less due to being scarred by high inflation. USD/JPY edged higher and returned to above the 153.00 level in the aftermath of the weaker-than-expected preliminary Q4 GDP data for Japan. Antipodeans were mixed with little fresh macro drivers and a lack of tier-1 data from either side of the Tasman. Fixed Income 10yr UST futures traded little changed and held on to last week's spoils after returning above the 113.00 level in the aftermath of the softer US inflation data, while price action was contained to start the week by the closure of US cash markets for Washington's Birthday. Bund futures lacked demand in the absence of any major catalysts and with light newsflow from the bloc. 10yr JGB futures were marginally higher following disappointing preliminary GDP data for Q4, but with gains limited after failing to sustain a brief reclaim of the 132.00 level. Commodities Crude futures were rangebound amid light energy-specific newsflow from over the weekend and after last Friday's indecisive performance, where attention was on a source report that noted OPEC+ is leaning towards resuming oil output hikes from April, but with no decision made. Slovak PM Fico said he has information that the Druzhba pipeline has been fixed after damage in Ukraine, although he believes that supplies to Hungary and Slovakia have become a part of political blackmail. Spot gold took a breather after edging higher in the aftermath of the recent softer-than-expected US inflation data, with price action also contained by the holiday closures across Asia and North America. Copper futures were subdued, with their largest buyer away for more than a week due to the Chinese New Year/Spring Festival holiday. Texas venture-backed startup Hertha Metal vowed mass production of steel with 25% cost savings, which could reduce US reliance on imports. Geopolitics: Middle East US military is preparing for potential operations against Iran that could last for weeks if US President Trump orders an attack and the US fully expects Iran to retaliate, according to sources cited by Reuters. US President Trump told Israeli PM Netanyahu during a meeting in December that he would support Israel striking Iran’s ballistic missile program if the US and Iran are not able to reach a deal, according to CBS. Iran confirmed that indirect talks between the US and Iran will resume in Geneva on Tuesday under the mediation of Oman, while Iranian Foreign Minister Araghchi left for Geneva on Sunday. Iranian diplomat said Iran is open to nuclear deal compromises if the US discusses lifting sanctions, while it was also reported that Iran said potential energy, mining and aircraft deals are on the table in talks with the US. Israel’s cabinet approved the proposal to register West Bank lands as ‘state property’, while Palestinians condemned the ‘de facto annexation’ which Peace Now said likely amounts to a ‘mega land grab’. Geopolitics: Ukraine US President Trump said on Friday that Ukrainian President Zelensky is going to have to get moving and that Russia wants to get a deal. US Secretary of State Rubio said they don’t know if Russia is serious about finding an end to the war in Ukraine and will continue to test it, while it was reported that he met with Ukrainian President Zelensky on security and deepening defence and economic partnerships. Ukrainian drones targeted Russia’s Taman seaport and fuel tanks in the Black Sea region. UK and European allies were reported on Friday to be weighing seizing Russian shadow fleet ships and tightening curbs on Russia's economy. French Foreign Minister Barrot said some G7 nations have expressed a willingness to proceed with a maritime services ban on Russian oil, which they hope to include in the 20th sanctions package that they are actively preparing. Geopolitics: Other European Commission President von der Leyen said that they face the very distinct threat of outside forces trying to weaken their union, while she added that mutual defence is not an optional task for the European Union; it is an obligation within their own treaty, and it is their collective commitment to stand by each other in case of aggression. Pentagon said the US military struck an alleged drug cartel boat in the Caribbean, which killed three people. DB's Jim Reid concludes the overnigt wrap I hope you all had a good weekend. To stay in Winter Olympics mood the family watched "Cool Runnings" last night. I haven't seen it for 32 years. Please don't tell anyone but I had a few tears in my eyes at the end. I blamed it on the hay fever that has now started. There will be a lot of tears out there in markets for other reasons at the moment. Just two weeks ago, the idea of AI-driven disruption still felt like an abstract, almost academic thought experiment—something we could safely revisit once we had clearer evidence of how AI would be deployed and integrated across the economy. Fast forward 14 days, and markets have wiped out well over a trillion dollars of global equity value on the fear that AI could fundamentally reshape business models and compress profitability across a wide range of industries, including software, legal services, IT consulting, wealth management, logistics, insurance, real estate brokerage and commercial real estate. Some of the sell off in “old economy” sectors feels overdone to me. But as I argued in our 2026 World Outlook back in November, the real challenge is that even by the end of this year we still won’t have enough evidence to identify the structural winners and losers with confidence. That leaves plenty of room for investors’ imaginations—both optimistic and pessimistic—to run wild. As such big sentiment swings will continue to be the order of the day. My instinct is that the reaction in things like commercial real estate, for example, has been particularly exaggerated. Markets seem to be extrapolating a scenario in which vast numbers of white collar workers are made redundant almost overnight, leading to a dramatic collapse in office demand. If that view turns out to be correct, we’ll be facing societal challenges far larger than anything currently being priced into equities. While trying to catch a falling knife may be too risky for many, beginning to cushion the descent could be sensible in many old economy sectors. Markets can’t sustain a disruption narrative across multiple sectors for months or quarters without concrete evidence — and that evidence is likely to take much longer to emerge. Fascinating times. As for this week, today is a US holiday but inflation will remain in the spotlight at a global level after Friday's slightly softer US CPI which helped contribute to a decent rates rally to end the week. Prints are due in the US (PCE - Friday), the UK (Wednesday), Canada (Tuesday) and Japan (Friday). Other economic highlights will include the FOMC minutes (Wednesday), Q4 GDP in the US (Friday), as well as the global flash PMIs (Friday). Earnings reports will feature Walmart (Thursday), Nestlé (Thursday) and BHP (today). It's the earnings calm before next week's Nvidia storm. In the US, this holiday shortened week (President's Day today) features a data calendar dominated by releases that were pushed back by last year’s government shutdown. The most consequential updates will land on Friday, when the advance estimate of Q4 GDP arrives alongside December’s personal income and consumption figures—key inputs for shaping expectations for the early part of this year. For markets assessing the underlying pulse of demand heading into 2026, private final sales to domestic purchasers (PFDP) will carry more weight than the headline GDP print. This indicator—closely monitored by Fed Chair Powell—is expected by our economists to slow to 2.0% from 2.9% in Q3, though risks appear tilted upward. One swing factor: Wednesday’s durable goods report, where modest gains outside of transportation could soften the deceleration. On the consumer front, real PCE growth is expected to cool to 2.5% after two quarters of outsized strength but should still signal ample momentum heading into the new year. Friday’s income and spending report will also offer the latest reading on core PCE, the Fed’s preferred inflation gauge. Our economists expect another 0.4% monthly increase for December, lifting the year over year rate to 2.9%. Updated seasonal factors from last week’s CPI release suggest some mild downward pressure on inflation trends in the second half of 2025. Still, January’s CPI data, although softer than we anticipated, do not translate into equivalent relief for core PCE—in fact, our team currently sees another 0.4% gain for January's release (delayed until March 13th). Depending on the strength of medical services, airfare, and portfolio management components in the upcoming PPI report, a 0.5% monthly rise cannot be ruled out, which would push the year over year rate toward 3.1%. So don't get too excited about the softer CPI last week and the huge rates rally. Additional releases this week will help clarify whether recent severe winter weather has disrupted factory sector activity. January industrial production, due Wednesday, should benefit from a jump in utility output, while weather effects may weigh on the Empire State Survey tomorrow and the Philadelphia Fed survey on Thursday. Labor market data will also be in focus, particularly Thursday’s jobless claims, which line up with the survey week for the February employment report. As our economists have pointed out, private nonfarm job gains have averaged 103k over the past three months, slightly above the pace at this point in 2025 and matching the start of 2024. See their latest US employment chartbook here. This week will also feature a dense lineup of Federal Reserve speakers which you can see alongside all the key global data in the day-by-day week ahead calendar at the end as usual. Moving away from the US, inflation will also be in focus in Japan (Friday) and Canada (tomorrow). For the former, our Chief Japan Economist sees the January nationwide CPI showing a slowdown in both core CPI inflation ex. fresh food to 2.1% YoY (+2.4% in December) and core-core CPI inflation ex. fresh food and energy to 2.7% (+2.9%). Also important will be the global flash PMIs due on Friday as a health check on global growth. In Europe, the spotlight will be on UK inflation (Wednesday), with labour market data due tomorrow and retail sales on Friday. Our UK economist expects headline CPI inflation to drop to 3.0% YoY (3.4% in December) and core CPI also landing at 3.0% YoY (3.2% YoY). See more in his full preview here. In terms of key rate decisions, the RBNZ are expected to remain on hold on Wednesday. Finally, the Munich Security Conference wrapped up over the weekend, where key topics included Ukraine, Russia, and the fate of Greenland. And while US Secretary of State Marco Rubio’s speech was nothing like Vice President JD Vance’s at last year’s conference, which triggered a “wake-up” call for European leaders, Rubio reiterated the administration’s view that Europe needed to leave behind its focus on energy policies, trade and mass migration. Recapping last week now, the tech volatility that has dogged markets since the start of the month broadened into a far more indiscriminate sell-off. The trough came on Thursday, marked by a sharp drop in software stocks, but the weakness extended well beyond tech. Companies across wealth management, real estate and financials suffered double digit declines, underscoring how widespread the pullback has become. Market breadth confirmed this shift as the equal weighted S&P 500 fell -1.37% on Thursday, though it managed to finish the week up +0.29% (+1.04% on Friday). Ultimately, the sell-off left the major US indices on the back foot: the S&P 500 slipped -1.39% (+0.05% on Friday), the Nasdaq lost -2.10% (-0.22% on Friday), and the Magnificent 7 slid -3.24% (-1.11% on Friday). Although the AI scare dominated sentiment, a heavy slate of US data also shaped the market narrative. Early in the week, softer prints—including flat December retail sales, a dovish Q4 Employment Cost Index, and slower Q4 growth expectations from the Atlanta Fed—pushed Treasury yields lower across the curve. That picture shifted midweek after a stronger than expected January jobs report, which delivered the largest gain in nonfarm payrolls (+130k vs. +65k expected) since December 2024 and reinforced confidence that the US economy carried solid momentum into 2026. Then on Friday, January CPI came in below expectations, adding another dovish note. Although the data offered mixed signals at times, the overall takeaway was sufficiently dovish for traders to increase the number of expected rate cuts by December 2026 to 63.4bps (+7.7bps on the week). This helped drive the largest weekly drop in the 10 year Treasury yield since August 2025, down -15.8bps (-5.0bps on Friday) to 4.05%. The 2 year yield also moved sharply lower, falling -8.9bps to 3.41% (-4.8bps on Friday), its lowest level since 2022. European markets, meanwhile, delivered a comparatively resilient performance. The STOXX 600 (+0.09%, -0.13% Friday), DAX (+0.78%, +0.25% Friday) and FTSE 100 (+0.74%, +0.42% Friday) all posted modest gains for the week. European sovereign bonds rallied as well, with the 10 year bund yield dropping -8.7bps—its steepest weekly decline since April 2025. That move was outpaced by gilts, which fell -9.8bps (-3.6bps on Friday) despite a sharp early week sell-off triggered by renewed questions surrounding Prime Minister Keir Starmer’s position. Elsewhere, performance was mixed. Brent crude edged down -0.44% (+0.34% on Friday), while gold extended its upward run, rising +1.56% (+2.43% on Friday). Will London’s half term week finally give us a quiet week in 2026? You’d probably have to guess at ‘unlikely’. Tyler Durden Mon, 02/16/2026 - 09:40

US Data Centers Face Massive Power Shortfall
Technologyzerohedge4d ago

US Data Centers Face Massive Power Shortfall

More than two-thirds of the power sought for US data centers will reportedly never materialize, indicating a significant power shortfall for the AI supercycle, a problem first identified in November 2025.

Anthropic's Claude AI Hacked Companies During Cybersecurity Tests
BusinessBBCbloombergcnbc+14vgforbesindex-hrYahoodnevnik-bgjutarnji-listDawnnaftemporiki+6 more18d ago17 sources

Anthropic's Claude AI Hacked Companies During Cybersecurity Tests

Anthropic announced that its Claude AI models successfully hacked into the systems of three companies during cybersecurity tests, a disclosure that follows similar reports from rival OpenAI and highlights growing concerns about AI security.

US AI Data Centers Face Skilled Worker Shortage
BusinessTimes of India1mo ago

US AI Data Centers Face Skilled Worker Shortage

The boom in US AI data centers is encountering an unexpected challenge: a severe shortage of skilled workers, including electricians and HVAC technicians, leading to significant contractor backlogs across states like Texas and Arizona.

US Commanders Ignored Warnings Before Iran School Strike
Politicsbloombergcbcrzeczpospolita+6tvn24aktualne-czn1-serbiacdm-memkd-mkmyjoyonline1mo ago9 sources

US Commanders Ignored Warnings Before Iran School Strike

US commanders reportedly ignored warnings about outdated intelligence before carrying out an attack on a school in Iran. CNN reports that alerts regarding erroneous data were disregarded prior to the strike.

RGI Issues Rules for Securing Census Data
Politicshindustan-times1mo ago

RGI Issues Rules for Securing Census Data

The Registrar General of India (RGI) has issued new rules for securing Census 2027 records from 19 states and 5 Union Territories, emphasizing confidentiality and the first-time use of digital tools for data collection.

Japan's Population Declines by Record 2.5% in Five Years
Worldle-figaroNHK Worldindex-hr+5dnevnik-bgjutarnji-liststraits-timesn1-bihchannel-news-asia2mo ago8 sources

Japan's Population Declines by Record 2.5% in Five Years

Japan's population has experienced a record decline of 2.5% over the past five years, with over three million fewer residents, according to the latest census data. This significant demographic shift underscores the country's worsening population decline and its long-term societal challenges.

Google Warns of AI-Powered Cyberattacks
Sciencevg3mo ago

Google Warns of AI-Powered Cyberattacks

Google has reported that hackers are utilizing artificial intelligence to develop dangerous data attacks, suggesting these incidents are a preview of future cyberthreats.

Oil Prices Soar as US Considers Military Options Against Iran
PoliticsAPReutersBBC+88bloombergNYTwsjFTle-mondewapoThe GuardianAl Jazeera+80 more3mo ago91 sources

Oil Prices Soar as US Considers Military Options Against Iran

Global oil prices surged to their highest levels since 2022, nearing $125 a barrel, amid reports that the US is considering new military scenarios and a potential multi-month blockade of Iranian ports.

US Halts Dollar Shipments to Iraq Over Militia Concerns
PoliticsReutersbloombergwsj+23cnbcle-figaroSCMPder-standarddelfi-ltdigi24index-hraktuality-sk+15 more3mo ago26 sources

US Halts Dollar Shipments to Iraq Over Militia Concerns

The United States has reportedly halted dollar shipments to Iraq and frozen military aid, aiming to pressure Baghdad over the influence of Iran-backed groups. This action seeks to curb the flow of funds to these militias and address regional security concerns.

1926 Irish Free State Census Records Released
CultureThe Independentirish-timesrte-news+1the-journal4mo ago4 sources

1926 Irish Free State Census Records Released

The 1926 Census records for the Irish Free State have been officially released, providing a landmark historical resource for researchers and the public. The newly published data offers insights into the population, including details about children in mother and baby homes.

Research Shows China Profits from US AI Boom Despite Tech Curbs
BusinessSCMP4mo ago

Research Shows China Profits from US AI Boom Despite Tech Curbs

According to new research, China is quietly benefiting from America's trillion-dollar artificial intelligence spending spree, as the US data center boom creates ripples through Asian technology supply chains, despite Washington's efforts to curb Chinese technology ties.

Tehran Under Watch: Hacked Cameras, US Data Enabled Strike on Supreme Leader
Politicsvgindex-hrmorocco-world-news5mo ago3 sources

Tehran Under Watch: Hacked Cameras, US Data Enabled Strike on Supreme Leader

Rabat – Tehran’s streets provided crucial intelligence in a strike that shook the Middle East.  Traffic cameras, reportedly hacked by Israel years ago, offered real-time views across the city, helping map movement patterns and build a detailed picture of Iran’s capital, according to the Financial Times. The cameras were part of a larger, highly sophisticated […] The post Tehran Under Watch: Hacked Cameras, US Data Enabled Strike on Supreme Leader appeared first on Morocco World News.

US Datacenters Face Protests Amid AI Boom
TechnologyYahoo5mo ago

US Datacenters Face Protests Amid AI Boom

US datacenters are encountering various challenges, including grassroots protests, as the demand for AI infrastructure grows, highlighting community concerns about the industry's expansion.

Northern Christians Demand Religious Data in Nigeria's Next Census
Worldvanguard-ng8d ago

Northern Christians Demand Religious Data in Nigeria's Next Census

The Chairman of the Northern Christian Association (NCA), Rev. Joseph John Hayab, has urged the Nigerian Federal Government to include religious affiliation data in the upcoming national census. This request aims to establish credible statistics on the country's religious population.

Europe's Digital Independence and US Data Centers
Businessder-standard29d ago

Europe's Digital Independence and US Data Centers

A discussion on how Europe can achieve digital independence, emphasizing that merely having servers in Europe is not enough; control over these servers is the decisive factor, particularly concerning US data centers.

Canadian Wildfire Smoke Blankets US, Sparks Cross-Border Tensions
WorldNYTle-mondeThe Guardian+19NPRAl JazeeraFox NewscbccnbcSCMPtvn24Business Insider+11 more1mo ago22 sources

Canadian Wildfire Smoke Blankets US, Sparks Cross-Border Tensions

Smoke from Canadian wildfires continued to blanket parts of the eastern and midwestern US, leading to air quality concerns and flash flood warnings, while also igniting a cross-border dispute over Canada's handling of the fires.

US Supreme Court Ruling Threatens EU-US Data Agreement
Politicsberlingske1mo ago

US Supreme Court Ruling Threatens EU-US Data Agreement

A US Supreme Court ruling has declared a key US authority, which guarantees the security of European data transferred to the US, is not independent but subject to the president. This decision could undermine the EU-US data agreement.

PoliticsNHK World2mo ago

Japan to Redraw Electoral Districts to Address Vote Disparity

Following the release of preliminary census data, a government council in Japan will begin reviewing the House of Representatives' single-seat electoral districts to correct the "one vote disparity." The House of Councillors will also discuss "combined districts."

Japan Faces Record Demographic Decline
Worldnaftemporiki2mo ago

Japan Faces Record Demographic Decline

Japan is experiencing the most severe demographic contraction in its modern history, with its population shrinking by 2.5% over five years, according to preliminary census data.

Iran Warns of Regional War Escalation if US Attacks Resume
PoliticsAPReutersBBC+91bloombergNYTwsjFTThe GuardianAl JazeeraCNNdr-dk+83 more3mo ago94 sources

Iran Warns of Regional War Escalation if US Attacks Resume

Iran has issued a stern warning that any resumption of US attacks would lead to a war that would spread "far beyond the region." Iranian officials stated that their devastating strikes would crush any aggressors.

Publicis Acquires US Data Firm LiveRamp in $2.2 Billion Deal
TechnologyReutersFTle-figaro+2seeking-alphataiwan-news3mo ago5 sources

Publicis Acquires US Data Firm LiveRamp in $2.2 Billion Deal

French advertising giant Publicis announced its acquisition of US data company LiveRamp for approximately $2.2 billion. This strategic move aims to strengthen Publicis's capabilities in AI-driven marketing and data co-creation.

Trump Pauses Hormuz Escort Operation Citing Iran Deal Progress
PoliticsAPReutersBBC+88bloombergNYTwsjFTThe GuardianNPRAl Jazeeradr-dk+80 more3mo ago91 sources

Trump Pauses Hormuz Escort Operation Citing Iran Deal Progress

President Trump announced a pause in the US operation to escort ships through the Strait of Hormuz, citing 'great progress' made on a deal with Iran. This decision aims to facilitate efforts to de-escalate tensions and end the conflict.

Baby Boomers Own a Third of US Homes, Dominating Key Metro Areas
BusinessBusiness Insider3mo ago

Baby Boomers Own a Third of US Homes, Dominating Key Metro Areas

Census data reveals that people aged 65 and older, primarily baby boomers, own 34.1% of US homes. The article identifies 15 metro areas where this demographic has a particularly high share of homeownership, with warmer regions like Florida showing higher concentrations.

New Census Data Reveals Top US Domestic Migration Destinations
BusinessBusiness Insider4mo ago

New Census Data Reveals Top US Domestic Migration Destinations

New Census Bureau data indicates the top places in the United States where people are moving, with all counties in Maine and New Hampshire showing positive net domestic migration. This data provides insights into current population shifts across the country.

US datacenters face slew of problems amid grassroots protests against AI
TechnologyThe Guardian5mo ago

US datacenters face slew of problems amid grassroots protests against AI

New constructions delayed or cancelled, raising questions about US’s ability to expand infrastructure to support boom Cancellations and delays of new US datacenters have increased as the artificial intelligence boom runs up against a slate of issues, including supply chain snags, energy shortages and tariff-induced restraints. Grassroots opposition from local communities has also derailed some plans, and some investors have grown wary of datacenters amid fears of an AI bubble. Continue readi...

In Defense Of Sir Jim Ratcliffe
Opinionzerohedge6mo ago

In Defense Of Sir Jim Ratcliffe

In Defense Of Sir Jim Ratcliffe Authored by Charles Johnson via TheCritic.co.uk, Far more energy has gone into condemning his phrasing than confronting the questions he raised... Sir Jim Ratcliffe’s statement that Britain has been “colonised by immigrants” has sparked a fierce reaction. From Starmer to Bluesky, to the Athletic and all the football social media pundits in between, the co-owner of  Manchester United has been bombarded with the same attack lines repeatedly. He has been called a tax dodging, racist immigrant hypocrite. Such an uproar has flared up in such a short space of time because Ratcliffe is radically different from those who have issued similar statements before. Ratcliffe is not a political figure: you do not see billionaires nor football club owners voicing discontent like this. The pushback has been fierce because Ratcliffe has no political incentive to say any of this. He isn’t running for office, seeking favour, or chasing votes — which makes his intervention harder to dismiss. Part of the backlash, too, reflects an unease that his diagnosis may be accurate. The remarks came from an initial conversation regarding the economic challenges Britain faces in general, not solely on immigration. The snippet that has been so widely shared is merely part of a wider statement of the economic problems Britain faces; Ratcliffe refers to the issues of “immigration” and “nine million people” on benefits simultaneously. Manchester United part-owner has told @EdConwaySky the UK has been "colonised" by immigrants, who are draining resources from the state, as he warns of the country facing profound political, social and economic challenges. 🔗 https://t.co/bie6uFZ1Tp pic.twitter.com/qFpiO0HkfO February 11, 2026 Colonised is a strong opening salvo for a figure such as Ratcliffe, who is not known for any previous anti-migration stance. This generated responses of tone policing from his critics – cries that his choice of words were “disgraceful and deeply divisive” and that “this language and leadership has no place in English football” from Kick It Out, a notable “Anti Racism” football pressure group. There was no attempt to argue or debate: this was no more than tone policing, of “mate mate mate, you can’t say that mate”. It did not engage with the substantive point. It was not an argument. The Prime Minister has pushed for Ratcliffe to apologise. Less than a year ago, Starmer was referring to Britain as an ”Island of Strangers”; he has little argument here. Sir Ed Davey has stated that Ratcliffe is “totally wrong” and is “out of step with British Values”. Once again this is weak tone policing, not an argument. Regardless, which British values are being violated in particular? What are British values precisely meant to mean here? The fact is that Ratcliffe’s vocabulary choice is nowhere near as divisive as the impacts of mass migration in the last quarter century. Mass migration is the most important issue in British political debate. It has bought sectarianism, Bengali and Palestinian politics swinging both local council and Parliamentary elections, a deepening of housing crisis, the rape and murder of British women from taxpayer funded hotels and programs which bloat the welfare state even further. It is undeniable mass migration has defined British politics of the 2010s onwards. It has been much more harmful and divisive than any comment made by Sir Jim Ratcliffe. His words are nothing compared to the actions of Deng Chol Majek, or Hedash Kebatu, to name a couple of examples. Critics have also cried that Ratcliffe is “an immigrant himself, dodging tax in Monaco”. The difference between Ratcliffe and migration into Britain is so different they are almost incomparable. In the 2017/18 tax year Ratcliffe was the fifth highest taxpayer in the country, footing a bill of £110.5 million. With such an extraordinarily high bill, it is no wonder that he has since moved to Monaco. Meanwhile, the average salary of of a migrant entering Britain in 2023 (which has fallen by £10,000 since 2021) was £32,946, according to a report by the Centre for Migration Control. From this we can estimate a migrant would pay about £5,000 in income tax. That means it would take over 22,000 (statistically average) migrants to foot the tax bill that Ratcliffe paid in one year alone. Ratcliffe has been an exceptional cash cow to the British state. He has been taxed incredible amounts and contributed more to this country than almost anyone currently living; to call him hypocritical since he dared to criticise migration and its impact on the welfare state is simply not fair. Census data from the ONS in 2021 shows that migrants from four nations – Somalia, Nigeria, Jamaica and Bangladesh – head over 104,000 social homes in London alone. With such incredible numbers of subsidised housing going to foreign born nationals, it is absolutely correct to state that mass migration is costing the British economy a fortune. The same census states that over 70% of Somali born households are in social housing in England and Wales, whilst also being of lowest contributors to income tax in the nation – paying well under the £5,000 stated per head previously. The increase and sheer scale of benefit reliance for many immigrants in Britain is not sustainable, and it is a problem that is right to be addressed. Perhaps the most nonsensical argument presented by some is that as co-owner of Manchester United he employs a significant number of immigrant players. Bruno Fernandes is not living in social housing in Wythenshawe. Benjamin Sesko is not in a single bed council flat in Hulme. When he arrived in Manchester last year, the first thing Senne Lammens did was not register for Universal Credit. Not a single foreign player is a drain on the state. They are, as elite athletes in the most lucrative league in the world, very clearly exceptions to the norm of British migration. The difference between Bruno Fernandes, who earns a reported £300,000 a week, and the over 40% of Bangladeshi immigrants who are economically inactive should really not need spelling out. We are referring to just 17 foreign senior team players who all earn more in a week than the average migrant – or Brit – will earn in a year. It is ludicrous  to even attempt to compare the two. Regardless, employing or working with immigrants does not mean you waive your right to criticise the state of affairs in Britain. As an Englishman, Sir Jim Ratcliffe has a given and inalienable right to comment on the affairs of his country. Ratcliffe’s critics have entirely focused on his choice of the word “colonised”, and how they consider it inflammatory. This choice of phrase was not entirely accurate or intentional by Ratcliffe – proved by the fact he issued an apology over his “choice of language”, rather than the substance and argument behind his critique of the broader economic challenge of Britain. The bottom line is, Ratcliffe was right to raise a perfectly reasonable concern. He is directionally correct, and close enough to the truth that the obsessive focus around his phrasing is both absurd and clearly no more than a tactic to dodge the substance of his argument entirely. His critics have been intentionally evasive around the underlying subject: it is a harsh, necessary truth they have no reply too. They avoid the debate because, despite his wording being wrong, Ratcliffe is right. Tyler Durden Tue, 02/17/2026 - 06:30

Elon Musk’s xAI faces second lawsuit over toxic pollutants from datacenter
TechnologyThe Guardian6mo ago

Elon Musk’s xAI faces second lawsuit over toxic pollutants from datacenter

NAACP alleges artificial intelligence firm is violating Clean Air Act and polluting Black communities in Mississippi Elon Musk’s artificial intelligence company xAI is facing a second lawsuit alleging it is illegally emitting toxic pollutants from its enormous datacenters, which house its supercomputers and run the chatbot Grok. The new pending suit alleges xAI is violating the Clean Air Act and was filed Friday by the storied civil rights group the NAACP. The group’s 40-page notice of intent to sue alleges xAI has been polluting Black communities near its facility in Southaven, Mississippi. The pollution comes from more than a dozen portable methane gas generators that xAI set up without permits, the notice alleges. Continue reading...