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So far, the only part of Earth AI seems hell-bent on dominating is the power grid. AI data centers are doubling the pace of electricity demand growth in the US to the extent that demand could exceed supply in just two years without action, according to Bernstein Research. The potential shortfall could mean higher prices for the computing power AI developers of all sizes are clamoring for, along with ample opportunity for investors willing to build up supply. How are AI companies planning aheadIt's not just the total power needed for AI computing infrastructure, it's the unique cadence of the power need and the cooling AI chips require. Amazon is clearing some of these hurdles by colocating some data centers with nuclear power sites.
Persons: , that's, catchup, Bernstein, Jensen Huang, Huang, Agrawal, we're, Andrew Feldman, Feldman Organizations: Service, Bernstein Research, Business, Nvidia, Vertiv, Lambda, Cerebras Systems Locations: UAE, South Africa, Kenya, Nigeria, Egypt, Iceland
Yet, in a year of elections around the world, politicians are largely ignoring the problem, unwilling to level with voters about the tax increases and spending cuts needed to tackle the deluge of borrowing. In France, political turmoil has exacerbated concerns about the country’s debt, sending bond yields, or returns demanded by investors, soaring. “Many (politicians) are not willing to talk about the hard choices that are going to need to be made. Despite growing alarm over the federal government’s debt pile, neither Joe Biden nor Donald Trump, the main 2024 presidential candidates, are promising fiscal discipline ahead of the election. Former Prime Minister Liz Truss triggered a collapse in the pound in 2022 when she tried to force through big tax cuts funded by increased borrowing.
Persons: ” Roger Hallam, Karen Dynan, ” Kenneth Rogoff, , don’t, Joe Biden, Donald Trump, Biden, Paul Johnson, William Ruto, Liz Truss, hasn’t, Emmanuel Macron, Dynan, it’s Organizations: London CNN, Monetary Fund, Investors, Vanguard, CNN, US Treasury, Harvard Kennedy School, Harvard University, , Congressional, CBO, Trump, Fiscal Studies, United Kingdom, Former Locations: United States, France, Germany, Kenya
Borderless tech hiring has doubled in the last three years, according to Gartner's 2023 CEO Survey. By 2022, the tech talent workforce in cities like Beijing and Delhi far outweighed that of U.S. powerhouses like San Francisco and New York, reports CBRE Global Tech Talent Guidebook 2024. The report cites burgeoning tech talent markets like Bucharest, Romania; Cape Town, South Africa; Cebu City, Philippines; Nairobi, Kenya and more. Pockets of talent worldwideAdam Jackson, CEO of decentralized tech talent platform Braintrust, does borderless differently. Caplan relishes in the more altruistic potential of borderless employment, namely its ability to "lift up communities around the globe."
Persons: Jeremy Johnson, Goldman Sachs, Johnson, John Caplan, Adam Jackson, Jackson, That's, synchronously, Caplan, Caplan relishes Organizations: CBRE Global Tech, Global, NASA, Deel's Locations: Beijing, Delhi, U.S, San Francisco and New York, Bucharest, Romania, Cape Town , South Africa, Cebu City, Philippines, Nairobi, Kenya, Braintrust, San Francisco, Silicon Valley, Europe, Africa, America
4:30After the Storm, a Fight for Survival in MozambiqueNOW PLAYINGYoung People Demand Change Ahead of Britain’s Election0:55Israel Orders Evacuations in Gaza City as Palestinians Report Strikes0:21Bodies Found Near Mount Fuji’s Crater0:39Bolivia’s Military Staged Apparent Coup Attempt1:48Following Protests, Kenya’s President Refuses to Sign Tax Bill0:12Evan Gershkovich Appears in Russian Court1:02Nairobi Police Use Live Rounds, Tear Gas and Water Cannons on Protesters1:22Israel’s Ultra-Orthodox Must Serve in Military, Supreme Court Rules0:38Kenyan Protesters Storm Parliament as Lawmakers Pass Tax Increases1:02More Than 1,300 Die During Extremely Hot Hajj Pilgrimage0:41
Persons: Evan Gershkovich Organizations: Storm, Survival, Mozambique NOW, Young, Water Cannons, Kenyan Protesters Storm Locations: Mozambique, Israel, Gaza City, Nairobi
“This was no normal train,” John recalls. Back home in the UK, John thought about Judy fondly from time to time. In the UK, John’s friends loved it when this glamorous American woman visited town. John Nears and Judy CurtisAs John and Judy haven’t been able to meet this year, they’ve both been spending time reflecting on past adventures. Thinking back on his life, John says he feels inordinately lucky to have enjoyed two great love stories.
Persons: John’s, Pam, , ” John, John, Chris, marveling, Judy Curtis, Judy Malody, Judy, they’d, John –, , , “ I’d, Coast –, Judy Curtis Judy, John she’d, she’d, , ’ ”, Jack, She’d, “ Judy, Judy Curtis John, Madeira’s, who’d, Peru –, “ John, It’s, Judy doesn’t, he’s, “ We’ve, ’ John, Judy Curtis It’s, Cunard Queen Mary, she’s, “ It’s, Judy haven’t, they’ve, ” John’s, you’ve, who’ve, Pam’s Organizations: CNN, CNN Travel, Orient Express, Coast, San Diego International, San Diego, , , Health Locations: South America, England, Bolivia, Peru –, Cusco, Puno, , Peru, San Diego , California, New York, California, West Coast, United States, East Coast, San Diego, Madeira, Funchal, Istanbul, Turkey, British, , Antarctica, Yosmite , California, Iceland, Kenya, Tanzania
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Protesters returned to the streets of Kenya on Thursday, some of them demanding the resignation of President William Ruto, despite his announcement a day earlier that he was abandoning a tax bill that drew large-scale demonstrations in which nearly two dozen people were killed. On Thursday, a heavy police and military presence was visible across the capital, with officers in cars and trucks and on horseback guarding the roads leading to Parliament, the president’s official residence and several downtown streets. Much of the central business district remained closed as police officers chased and tear-gassed smaller crowds waving white roses. Some activists and opposition political leaders had urged demonstrators not to march toward the president’s official residence in Nairobi on Thursday for fear of more bloodshed. But others said the killings, shootings and abductions of those opposing the tax increases in recent days — which activists said were some of the bloodiest days in Kenya’s recent history — would not deter them from pushing Mr. Ruto to resign.
Persons: William Ruto, Ruto Locations: Kenya, Nairobi
CNN —Police in Kenya fired tear gas on protesters as a fresh wave of demonstrations swept the country, despite President William Ruto’s U-turn on controversial tax plans. In a surprise move on Wednesday, Ruto said he would not sign the finance bill, saying he had been “listening keenly” to the Kenyan people. “It’s more than about the finance bill now,” Maria, a Kenyan protestor from Nairobi told CNN. Some have called on President Ruto to resign for failing to withdraw the unpopular bill much earlier to save the lives lost. Others are seeking justice for the deceased protesters and demanding the recall of lawmakers who voted in support of the finance bill.
Persons: William Ruto’s U, , Ruto, ” Maria, Daniel Irungu, , Mwangi, Moody’s, Herman Manyora, ” Manyora, ” Ruto, Manyora Organizations: CNN — Police, House, Security, State House, Kenyan, CNN, Civic, Law Society of Kenya, Monetary Fund, International, University of Nairobi Locations: Kenya, Nairobi, East, Kenya’s
CNN —Playing safe is not an option for wildlife photographer Greg du Toit. Unlike many in his field, du Toit says he doesn’t use bait, camera traps, digital manipulation, captive bred animals or drones. Du Toit says that his photographs may look beautiful, "but the reality of getting those photographs is very different." Du Toit famously once spent 16 months photographing lions at a waterhole in Kenya’s South Rift Valley. Du Toit: I want to photograph animals in their wild habitats, doing what they naturally do.
Persons: Greg du Toit, Toit, Du Toit, it’s, Simon YM Pang, … Du Toit, I’d, I’ve, , I’m Organizations: CNN, Nikon, Wildlife, Fine, Simon YM Pang CNN, Greg du Toit CNN Locations: , Zambia, Zimbabwe, Tanzania, Africa, India
Kenya president backs down on tax rises after deadly protests
  + stars: | 2024-06-26 | by ( ) www.cnbc.com   time to read: +3 min
Kenya's president on Wednesday withdrew planned tax rises, bowing to pressure from protesters who had stormed parliament, launched demonstrations across the country and threatened more action this week. "Listening keenly to the people of Kenya who have said loudly that they want nothing to do with this finance bill 2024, I concede. And therefore, I will not sign the 2024 finance bill, and it shall subsequently be withdrawn," he said in a televised address. Thousands took to the streets of Nairobi and several other cities during two days of protests last week as an online movement gathered momentum. Protests in Kenya have usually been called by political leaders who can be amenable to negotiated settlements.
Persons: William Ruto, Ruto, Ruto's, Lawmakers Organizations: Wednesday, Kenyan, IMF, The Nation, Kenya Medical, Medical, Protesters, State, World Bank, International Monetary Fund Locations: Kenya, Eldoret, Nairobi
In downtown Nairobi, the capital, the strong smell of tear gas still wafted through the air after the clashes between protesters and the police. Large rocks and a burned car were strewed next to the City Hall offices that protesters had breached. Police officers also cordoned off the streets leading to Parliament and were not allowing pedestrians to pass. Although businesses were slowly reopening across Kenya, newspapers being sold on the streets of Nairobi captured the chaos of the previous day. “Pandemonium,” the front page of the Daily Nation newspaper said.
Persons: William Ruto Organizations: City Hall, Police, Daily Nation, The Star Locations: Kenya, East, Nairobi
CNN —Kenyan President William Ruto said Wednesday that he will not sign a controversial finance bill that had sparked deadly protests in the country and left at least six people dead. “Having reflected on the continuing conversation regarding the content of the finance bill 2024, and listening keenly to the people of Kenya who have said loudly that they want nothing to do with this Finance Bill 2024, I concede, and therefore I will not sign the 2024 finance bill,” Ruto said during a television address Wednesday. But the concessions were not enough to quell protests amid the rising cost of living. On Tuesday they turned deadly when security forces fired teargas and live ammunition at protesters. “I send my condolences to the families of those who lost their loved ones in this very unfortunate manner,” Ruto added.
Persons: William Ruto, ” Ruto, , teargas, Ruto Organizations: CNN, Kenyan Locations: Kenya
The underlying cause, though, are the billions of dollars their government owes its creditors. Kenya has the fastest growing economy in Africa and a vibrant business center. Interest payments alone are eating up 27 percent of the revenue collected. But the debts that are causing misery in Kenya and across Africa remain. More than half the people on the continent live in countries that spend more on interest payments than they do on health or education.
Persons: William Ruto Organizations: United Nations Conference, Trade, Development Locations: Kenya, Africa
Vehicles parked at Kenya’s Supreme Court have been set on fire, CNN’s affiliate Citizen TV Kenya reported Tuesday. The Supreme Court building is close to Nairobi’s City Hall, which was set on fire Tuesday. Meanwhile, the dining area of the Kenyan Parliament is in disarray after protesters entered the premises Tuesday, video by CNN affiliate NTV shows. According to NTV, some members of parliament were having lunch in the dining area when protesters entered the parliament. A television in a room leading from the dining area was smashed, and flags were seen on the floor elsewhere in the parliament.
Organizations: CNN’s, Citizen TV Kenya, City, Kenyan, CNN, NTV
CNN —Kenya is in the grip of nationwide protests against proposed tax hikes, culminating in a planned “total shutdown” of the country on Tuesday. The demonstrations, sparked by the Finance Bill 2024, have seen citizens rally under the banner of “7 Days of Rage,” as the nation faces more days of upheaval. President William Ruto has said he wants to have dialogue with the protesters and that he is “proud” of them. Amnesty International Kenya says it is investigating the whereabouts of up to 12 people who were “abducted in the middle of night” ahead of Tuesday’s planned protests. The list includes bloggers, content creators, human rights defenders, a doctor, and a parliamentary staffer, Amnesty Kenya executive director Irũngũ Houghton told CNN.
Persons: William Ruto, Tuesday’s, Irũngũ Houghton, Joe Biden, , Biden, Ruto Organizations: CNN —, Finance, CNN, Kenyan, NATO, White Locations: CNN — Kenya, Kenya
Thousands of demonstrators flooded the streets of Kenya’s capital, Nairobi, and some broke into Parliament and briefly set fire to the entrance on Tuesday, after lawmakers approved tax increases that critics said would drive up the cost of living for millions. During the protests, the police fired tear gas and guns, plunging the capital into turmoil. At least five people were fatally shot and 31 others injured, according to Amnesty International and several prominent Kenyan civic organizations. The independent Kenya Human Rights Commission posted a video that showed police officers firing as protesters marched toward them. As tear gas wafted through the streets, some protesters climbed through the windows of Parliament after lawmakers voted 195 to 106 in favor of the tax bill on Tuesday, with supporters saying it would raise revenue for education and other essential services.
Persons: William Ruto, Ruto, Organizations: Amnesty International, Kenyan, Kenya Human Rights Locations: Kenya’s, Nairobi, Kenya
Kenya’s president deployed the military today to crack down on what he called “treasonous” protesters. Demonstrators furious over the passage of a bill that would raise taxes stormed the Parliament building in Nairobi, climbed in windows and set fire to the entrance. The police fired at the protesters, who had flooded the streets around the Parliament by the thousands — some draped in the Kenyan flag and chanting for the president to resign. The contentious bill was introduced by Ruto’s government in May to address the country’s heavy debt burden. But Kenyans have widely criticized the legislation, saying it adds punitive new taxes and raises others on staple goods.
Persons: William Ruto, Organizations: Kenyan, Amnesty International Locations: Nairobi
Auma Obama, an older half sister of former President Barack Obama, was tear-gassed on Tuesday while being interviewed live on CNN during protests in Nairobi, the Kenyan capital. The protests were against the passage of a finance bill that raises taxes on many basic goods. They are demonstrating with flags and banners.”Ms. Obama then began choking in a spreading cloud of tear gas lobbed by the police. “We are being tear-gassed.”Ms. Obama grew up in Kenya and returned there as a community activist after studying and living in Germany and the United Kingdom. Her foundation in Kenya, Sauti Kuu, or Powerful Voices, serves children and young people, particularly from urban slums and rural communities.
Persons: Auma Obama, Barack Obama, Obama, , , “ Young, Ms, Sauti Organizations: CNN, Kenyan Locations: Nairobi, Kenya, Germany, United Kingdom
Video shows protesters storm parliament in Kenya
  + stars: | 2024-06-25 | by ( Samantha Lindell | ) edition.cnn.com   time to read: 1 min
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Foreign law enforcement officers began arriving in Haiti on Tuesday, more than year and a half after the prime minister there issued a plea to other countries for help to stop the rampant gang violence that has upended the Caribbean nation. Footage shared on social media showed dozens of armed men in military fatigues filing out of a Kenya Airways plane at Haiti’s Toussaint Louverture International Airport in the capital, Port-au-Prince. The officers are part of a deployment of police officers from eight nations who will fan out across the capital in an effort to wrest control of the city from dozens of armed groups that have attacked police stations, freed prisoners and killed with impunity. Since the appeal for international help went out in October 2022, more than 7,500 people have been killed by violence — more than 2,500 people so far this year alone, the United Nations said.
Persons: Haiti’s Toussaint Organizations: Kenya Airways, United Nations Locations: Haiti, Caribbean, Port
Photographs and news agency reports showed protesters clashing in the streets of Kenyan capital Nairobi on Tuesday, as the African state passed a controversial finance bill set to raise national taxes. Kenya's Human Rights Commission on Tuesday shared a video of officers shooting at protesters, calling for accountability. At least 50 people were injured by gunfire during the latest demonstrations, Reuters reported, citing a local paramedic outside of the parliament. The news agency further said sections of the parliament building were set on fire, as the compound was stormed. Blood has already been shed in similar protests, after two people died in separate demonstrations held last week, the Associated Press reported.
Organizations: Kenyan, Rights, Reuters, CNBC, Kenyan Police Service, Ministry of Foreign Affairs, Associated Press Locations: Nairobi, Kenya
He completed several years of training before heading off to work on offshore oil rigs. Moray West Offshore Wind Farm – Ocean WindsHe made the jump at a good time. Moray West Offshore Wind Farm — Ocean Winds. Mitchell said he'd been able to advance his career in the wind industry a lot faster than in oil and gas. "With offshore wind, there's always new sites going up, and they need so much personnel.
Persons: Shaun Mitchell, Halliburton, Shaun Mitchell wasn't, Mitchell, You'd, you'd, Vestas, Engie that's, He's, it's, he'd, It's Organizations: Service, Halliburton, North East Scotland College, Bloomberg, EDP Renewables, Engie Locations: Scotland, Thailand , New Zealand, Australia, Sydney, Aberdeen, Aberdeen Bay, Moray, Scotland —, China, Britain, Brazil, Colombia, Egypt, India, Japan, Kenya, South Korea, Vestas
Before Tuesday’s demonstration, several activists who are prominent critics of the bill were abducted, according to the Law Society of Kenya. The abductors’ identities were not publicly known, but some were believed to be intelligence officers, said the Law Society’s president, Faith Odhiambo. Lawmakers in Parliament are set to debate and vote on proposed amendments to the bill on Tuesday. President William Ruto’s governing alliance has enough votes to pass it, although opposition leaders have rejected the measure in its totality. Once the bill has parliamentary approval, Mr. Ruto can sign it into law or send it back for amendments.
Persons: Faith Odhiambo, William Ruto’s, Ruto Organizations: Amnesty International, Law Society of Kenya Locations: Kenya, East
Read previewMrBeast became the most popular YouTuber on the planet by handing cash to strangers, so it's little wonder he's experimenting with universal basic income, known as UBI. MrBeast also announced a joint fundraiser with GiveDirectly to gather enough cash to give $1,000 to every household in a neighboring village. AdvertisementEarly findings from GiveDirectly's trial suggest that direct cash handouts boost household and business savings and support the financing of bigger projects. MrBeast is known for giving out cash to strangers, making UBI a natural extension of his brand. But the social media star also addressed questions about whether direct cash payments would be spent wisely.
Persons: , Jimmy Donaldson, MrBeast, GiveDirectly, Jeff Cheatham, Ruth, Auma, Lokure, Willy Wonka Organizations: Service, Business, Beast, Universal Locations: Uganda, Africa, Kenya, Karamoja, Tiyan
Protests in Kenya Over Tax Bill: What to Know
  + stars: | 2024-06-25 | by ( Eve Sampson | ) www.nytimes.com   time to read: +1 min
The sting of tear gas, the crack of live bullets and images of wounded people sprawled across the ground accompanied mass protests Tuesday in Nairobi, the Kenyan capital, after Parliament passed a controversial bill raising taxes, despite criticism that it would intensify economic desperation. At least five people died from gunshot wounds, civic groups said, and crowds breached the Parliament amid plumes of smoke as days of protests against the tax bill ended with police and protesters clashing. Typically a regional bastion of economic security, Kenya has a population of over 54 million. Here is what we know about the contentious legislation that set off Tuesday’s clashes. What will the tax bill do?
Organizations: Kenyan Locations: Nairobi, Kenya
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