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Strong U.S. Jobs Report Lowers Recession Risks Despite Wage Growth Lagging Inflation

Gene Sperling, President of Sperling Economic Strategies and former director of the National Economic Council, discussed the recent U.S. jobs report, highlighting that the headline numbers were stronger than expected and suggest a low likelihood of recession despite ongoing geopolitical and economic challenges. He noted that while job creation appears broad-based, some gains—such as the 70,000 hospitality jobs—may be influenced by seasonal factors like World Cup-related hiring....

Bloomberg Markets 4d ago

Deep learning four decades of human migration

Abstract Human migration is a fundamental driver of global demographic change, shaping population structure, labour markets and social policy across countries1,2,3. Although long-term migration patterns are often linked to economic development4, they can shift rapidly in response to shocks such as conflict, environmental crises and political change5. Despite its importance, migration remains difficult to measure consistently: existing data are sparse, concentrated in high-income settings and...

Nature 20h ago

Alex Vindman Survived Trump’s Retaliation Machine. Now He’s Running for Senate

Alex Vindman knows a thing or two about pissing off President Donald Trump. In 2019, Vindman rose to national prominence when he served as a witness during Trump’s first impeachment trial. If you’ve lost track of that particular scandal, it’s the one involving Trump, Ukrainian president Volodymyr Zelensky, the Biden family … and Vindman listening in on a troubling phone call in his capacity as the director for European affairs on the National Security Council.

Wired 1d ago

Taiwan deploys vessels in response to Chinese operation

Taiwan deploys vessels in response to Chinese operation June 7, 2026Taiwan's coast guard said on Sunday it had deployed vessels in response to a Chinese operation east of the island. Taipei said it detected four Chinese government vessels departing from Xiamen and dispatched more than five coast guard ships for surveillance. National Security Council Secretary-General Joseph Wu posted a video on X where the coast guard is broadcasting to Chinese vessels: "This is not your waters.

Deutsche Welle 3d ago

US downplays suggestions it could commit war crimes in Iran

The White House has downplayed concerns that Donald Trump's threat to hit Iran's civilian infrastructure could lead to the US potentially carrying out war crimes. President Trump said the US military would destroy Iran's electricity plants, Kharg island and desalination plants if Iran did not make a deal. Also: The United Nations Security Council is holding an emergency meeting after two more UN peackeepers were killed in southern Lebanon.

BBC Global News Podcast 71d ago

Remote work career risks for Gen Z are 'subtle, but material,' Harvard professor says: How to avoid the pitfalls

While remote work offers young people flexibility, autonomy and a commute-free day, research shows that forgoing the office can have a detrimental impact on those at the start of their careers. Remote work is likely the main cause of a surge in youth unemployment, a report this month by the Federal Reserve Bank of New York found. The National Bureau of Economic Research has also found, in a paper updated this month, that the rise in remote work makes it harder for younger workers to get...

CNBC 4d ago

How Hong Kong’s strengths can help unlock Central Asia’s potential

Advertisement Opinion How Hong Kong’s strengths can help unlock Central Asia’s potential The deals signed during the chief executive’s trip to Kazakhstan and Uzbekistan underscore the potential economic synergy that can be unleashed 3-MIN READ3-MIN Dr Eliza C. H. Chan, a practising solicitor in Hong Kong, is a member of Hong Kong's Executive Council and a member of the National Committee of the Chinese People's Political Consultative Conference. Hong Kong has taken a monumental step forward...

South China Morning Post 1d ago

Maltese cast ballots as Labour government seeks fourth term in snap election

Maltese voters headed to the polls on Saturday for a snap election, with Prime Minister Robert Abela’s Labour Party tipped to win on a platform of economic stability and 4% GDP growth, despite ongoing corruption concerns. The Maltese are voting on Saturday in a snap general election called by Prime Minister Robert Abela. Abela and his Labour Party are betting on economic stability, as the smallest EU nation recorded the fastest GDP growth at 4% last year.

Euronews 11d ago

The back-channel bid to go soft on Maduro

When Marco Rubio was named secretary of State, many in both South Florida Republican circles and the American energy industry exulted. But one man who bridged both worlds knew he had a problem. A longtime investor in Venezuela, the main source of crude oil needed to produce the asphalt that had made his family rich, Harry Sargeant III kept relations with top officials in Caracas even as they seized most foreign oil holdings.

Politico EU 2d ago

'Organised factory of hate': India tears into Pakistan's 'Fitna al Hindustan' campaign at UN

NEW DELHI: India has strongly rebuked Pakistan at the United Nations over what it described as Islamabad's attempt to label militant groups operating within its territory as "Fitna al Hindustan" as part of a state-sponsored propaganda campaign. The Indian response came after Pakistan sought to frame India on a global stage using the United Nations platform. Speaking at a UN security council session focused on the situation in Afghanistan, India's permanent representative to the UN,...

Times of India 1d ago