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London Science Museum cuts links with BP after decades of partnership
The Guardian·

London Science Museum cuts links with BP after decades of partnership

Campaigners say ‘seismic shift’ follows years of pressure to sever ties with oil and gas firm The London Science Museum has ended its decades-long partnership with the oil and gas company BP in what has been described as a “seismic shift” for the museum. The Science Museum Group academy, which was established in 2018 to provide training and resources, announced on Friday that it would be ending its partnership with BP. In a statement, the director and chief executive of the Science Museum Group, Sir Ian Blatchford, said the partnership had “drawn to a close at the end of the current contract term”. Continue reading...

Fed chair addresses inflation and says central bank’s job is ‘to deliver stable prices’
The Guardian·

Fed chair addresses inflation and says central bank’s job is ‘to deliver stable prices’

However, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubborn The US Federal Reserve is not done fighting high inflation, its chair, Kevin Warsh, said in his first major speech in the role on Friday, emphasizing that it is “the Fed’s job to deliver stable prices”. Warsh did not indicate where the Fed will take interest rates in the coming months, despite US inflation remaining stubbornly above the central bank’s 2% target amid the war in Iran. But his speech was taken by markets as a signal that rates may rise in the coming months, a move that may put him at odds with Donald Trump, who has aggressively called for rates to be cut. Continue reading...

Trump pledges to allow cattle ranchers to process own food amid beef imports backlash
The Guardian·

Trump pledges to allow cattle ranchers to process own food amid beef imports backlash

President faces criticism over plan to import up to 300,000 metric tons of foreign beef without charging higher tariffs Donald Trump has pledged to allow cattle ranchers and farmers to process their own food amid a backlash from the US agricultural sector over his decision to pause US tariffs on foreign beef. The US president has been sharply criticized, including from members of his own party, since announcing the US will temporarily import up to 300,000 metric tons of foreign beef without charging higher tariffs in a bid to bring down prices. Continue reading...

Labour rejects Zack Polanski’s call to ‘slam brakes’ on building AI datacentres
The Guardian·

Labour rejects Zack Polanski’s call to ‘slam brakes’ on building AI datacentres

Government says Green leader’s proposed moratorium on ‘energy-guzzling’ AI projects would be disaster for economy Labour has rejected calls to pause construction of major AI infrastructure in Britain after the Green party leader, Zack Polanski, said it was time to “slam the brakes on these energy-guzzling, water-guzzling datacentres”. The government hit back at the opposition party’s proposal of a “moratorium other than [for] local-scale datacentres for the local community”, saying it “would be a disaster for jobs and national security”. Continue reading...