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Business Jun 06, 2026

China's Cheap Energy: A Secret Weapon in the AI Race with the US

China's access to abundant and cheap electricity gives it an advantage in the AI race with the US, …
The Energy Advantage In the race against China for AI supremacy, the United States dominates when it comes to access to the most cutting-edge semiconductors. But when it comes to powering the huge data centres that run on AI chips, China holds the clear advantage. That's because data centres, the sprawling computing facilities needed to train and run AI models, require vast amounts of energy. A typical data centre can consume as much electricity as 100,000 households, while next-generation “hyperscale” facilities can gobble up as much power as two million homes, according to the International Energy Agency (IEA). China's Renewable Energy Boom China already generates more than twice as much electricity as the US, a lead that is expected to widen amid an aggressive state-led investment in the country’s energy grid. BloombergNEF, a research provider, estimates that China will add more than six times as much electricity generation capacity as the US over the next five years. Much of that extra capacity will be in the form of renewables such as solar and wind. In 2025 alone, China increased its wind and solar power capacity by more than 430 gigawatts, accounting for more than half of the additional capacity in the renewables added globally that year. The Impact on Data Centres A key element of China’s AI strategy involves integrating its data centres into its rapidly expanding renewables sector. Under the “East Data, West Computing” initiative, China’s government is concentrating the construction of new data centres in the country’s sparsely populated interior, where land and renewable energy sources are abundant compared with the heavily built-up eastern seaboard. Earlier this month, Beijing announced the start of operations at the country’s first “large-scale” renewable energy project to be linked directly to a data centre. Narrowing the Gap For now, the US still has the largest data centre footprint by a wide margin. According to Stanford University’s AI Index, the US had an estimated 5,427 data centres in 2025, compared with 449 in China. But as China constructs data centres at a blistering pace – its number of data centre racks grew 30 percent annually from 2016 to 2023, according to the China Academy of Information and Communications Technology – the gap between the superpowers is rapidly narrowing. The Future Outlook “In the long run, the country that can provide cheap, stable, low-carbon electricity will have a major advantage in AI infrastructure,” Qiyang Xiong, a PhD candidate at Renmin University of China who specialises in AI and energy policy, told Al Jazeera. “China is a global leader in solar, wind and ultra-high-voltage transmission,” Xiong said. “This gives it an advantage in supplying western data centre clusters with large volumes of relatively cheap, clean electricity.”
#China #US #Artificial Intelligence
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Business Jun 06, 2026

Turkiye and Indonesia Discuss $10bn Trade Goal

Turkish Foreign Minister Hakan Fidan and Indonesian President Prabowo Subianto held a productive me…
The Meeting Between Turkiye and Indonesia Turkish Foreign Minister Hakan Fidan and Indonesian President Prabowo Subianto have held an “extremely productive” meeting in Jakarta as the two countries aim to reach a bilateral trade volume target of $10bn, according to Turkiye’s top diplomat. Key Areas of Cooperation The two sides discussed expanding cooperation across a range of sectors, including defence, energy, transportation, and the halal food industry, Fidan said on X on Wednesday. Defence Energy Transportation Halal food industry The $10bn Trade Goal Fidan said the two countries also “thoroughly evaluated” projects aimed at reaching a bilateral trade volume target of $10bn. The target was agreed in April last year, when the leaders of the two countries pledged to deepen ties and pursue “new breakthroughs” in bilateral cooperation. Other Issues Discussed For his part, Prabowo expressed appreciation for Turkiye’s support in the repatriation of nine Indonesian citizens who had been abducted by Israel. The two sides also exchanged views on developments in the Middle East, with particular attention to Iran and Palestine. “As fellow countries in the Global South, Indonesia and Turkiye share the view that regional stability should be maintained through dialogue, diplomacy, and the peaceful resolution of disputes,” a statement from Indonesia’s presidency said.
#Turkiye #Indonesia #Hakan Fidan
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Politics Jun 05, 2026

Albania Erupts in Outrage Over $1.6bn Luxury Resort Plan Linked to Kushner and Trump

A proposed $1.6 billion luxury resort in Albania, linked to Jared Kushner and Donald Trump, has spa…
The Controversial Resort Plan A proposed luxury resort in Albania, backed by a $1.6 billion investment, has ignited fierce debate and outrage across the country. The project is linked to Jared Kushner, former US President Donald Trump's son-in-law, and has raised significant concerns among Albanians regarding its environmental impact, potential for corruption, and the involvement of high-profile international figures. Public Reaction and Concerns The announcement of the luxury resort plan has been met with widespread criticism and skepticism from various sectors of Albanian society. Many citizens are worried about the project's potential to harm the country's natural beauty and ecosystems. There are also fears that the project could exacerbate corruption and fail to deliver promised economic benefits to the local population. The Government's Stance and Project Details The Albanian government has yet to provide detailed information about the project, including how it plans to mitigate environmental impacts and ensure transparency. The lack of clear communication has fueled public discontent and demands for more information about the resort's development and its implications for the country. International Implications and Future Outlook The proposed luxury resort has not only domestic implications but also international. Given the involvement of Kushner and Trump's associates, the project has attracted attention from beyond Albania's borders. As the situation develops, it will be crucial to monitor how the Albanian government responds to public concerns and how the project unfolds, considering its potential to set precedents for future international investments in the region.
#Albania #Jared Kushner #Donald Trump
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Business Jun 05, 2026

The Post-Brexit Erosion of UK Music Exports

A comprehensive report reveals that over a quarter of British musicians have lost all EU work since…
More than a quarter of British musicians have lost all their EU work since 2021, according to new research by the European Movement UK. This decline signals a critical turning point for the UK's creative economy, where the post-Brexit regulatory landscape has fundamentally altered the feasibility of cross-border touring. The New Bureaucratic Walls of European Touring The primary driver of this crisis is the introduction of complex visa regimes and work permit requirements that differ across EU member states. Musicians now face the Schengen 90-days-in-180 rule, which severely limits the duration of work across the bloc. Additionally, the cost of logistics has skyrocketed; temporary admission (ATA) carnets now cost over £400, and security deposits can reach 40% of equipment value, making extended tours financially impossible for smaller acts. The Financial Fallout: A 45% Earnings Decline The economic impact is stark. The report indicates that average tour earnings have fallen by 45%, with 59% of musicians deeming touring in Europe no longer viable. This represents a massive contraction in revenue streams for a sector that contributed £8bn to the UK economy in 2024, including nearly £5bn in exports. Disruption Across the Creative Supply Chain The repercussions extend beyond individual artists to venues and producers. Mig Schallache, owner of The Louisiana in Bristol, notes that fewer European artists are visiting the UK, creating a void that UK artists cannot fill. This "supply chain" disruption leads to cancelled tours, reduced exports, and weakened collaboration, ultimately depriving audiences of diverse cultural experiences. The Long-Term Risk to UK Cultural Soft Power The loss of Creative Europe funding, which previously invested €111m in UK organizations between 2014 and 2020, further exacerbates the issue. Without addressing these mobility barriers, the UK risks not only economic loss but also a diminished cultural footprint on the continent, threatening the soft power that the music industry traditionally provides.
#UK Music #European Movement UK #Brexit
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Business Jun 05, 2026

Dawn Airey: The Commercial Visionary Appointed to Lead Arts Council England

Veteran television executive Dawn Airey has been appointed Chair of Arts Council England, succeedin…
The Commercial Executive Takes the Helm of the Arts The appointment of Dawn Airey as the new Chair of Arts Council England marks a significant shift in leadership for the UK's cultural funding body. Airey, who takes over from Nicholas Serota in August, steps into a role traditionally held by figures with deep roots in the arts establishment. However, her career is defined by a different kind of legacy: a reputation for decisive, business-savvy leadership and a blunt commercial instinct. Her appointment follows an independent review by Margaret Hodge, which highlighted the urgent need to protect funding from politicization and simplify the application process for arts organizations. Airey has acknowledged the gravity of the mandate, stating that the importance of the council in championing art and culture has "never been more needed." She has also identified artificial intelligence as a critical challenge facing the sector. Navigating the Financial and Political Landscape The incoming chair faces a complex environment where public funding is under scrutiny. The independent review emphasized that the arm’s-length public body must ensure stability in funding streams while modernizing its operational procedures. Airey’s background in high-stakes media environments suggests she is well-equipped to handle the "occasional causes célèbres" and political arguments regarding regional funding distribution that often plague cultural institutions. Review Mandate: Simplify application processes and protect funding from politicization. Key Challenge: Adapting the arts sector to the rise of artificial intelligence. Leadership Style: Described as "fearless" and possessing a "steely constitution" by peers. Bridging the Gap Between Commercial Media and Public Funding Airey’s career trajectory—from the founding team at Channel 5 to senior roles at Sky, ITV, Yahoo!, and Getty Images—provides a unique perspective for the Arts Council. Unlike previous chairs who may have been purely from the arts or academia, Airey understands the creative industries through the lens of commercial viability. This experience is likely to influence how the Council balances artistic integrity with the need for sustainability and audience engagement. Her reputation for navigating "boys' club" cultures in broadcasting also positions her as a potential driver for diversity and inclusivity within the arts sector. Colleagues describe her as a "bloody pussycat" who is nonetheless a "fighter" against injustice, suggesting a leadership style that is both empathetic and resilient. A New Era for Arts Funding and Digital Resilience Looking ahead, Airey’s tenure is expected to bring a renewed focus on the digital transformation of the arts. By identifying artificial intelligence as a key challenge, she signals that the Arts Council will likely invest in digital literacy and technological integration for member organizations. Her "amazing capacity for work" and history of reinventing channels under pressure suggest she will drive a modernization agenda that prioritizes resilience and adaptability in a rapidly changing media landscape.
#Dawn Airey #Arts Council England #Margaret Hodge
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Politics Jun 05, 2026

The Profitable Market of England's Vulnerable Children: A Care System Gone Wrong

A shocking investigation reveals how vulnerable children in England's care system have become a hig…
The Profit-Driven Care CrisisChildren in England's care system have become the country's most lucrative commodity, with private providers charging the state astronomical fees while placing vulnerable young people in facilities far from their home communities. This highly profitable market, driven by neoliberal ideology that favors private over public services, has created a system where children are treated as assets rather than vulnerable human beings needing protection and stability.The Financial Scale of ExploitationThe Financial Times investigation reveals that the average charge to the state by a private provider for a child in "care" is now £384,020 a year—six times what Eton College charges. Some providers now levy more than £1m per child per year, with cases reaching over £3m for children with complex needs. This financial windfall has attracted individuals with no care experience, including "plumbers, hairdressers and Airbnb landlords," to open "homes" for profit, while potentially drawing organized crime elements who can make more from children than from drugs.Geographic Displacement and Its ConsequencesWhile there's a shortage of provision in southern England, there's a glut in the north-west where property is cheaper. Lancashire has 17 places for every local child needing care, leading to children from Devon being transported 300 miles across the country. Research published in Child Abuse & Neglect finds a consistent association between profit-making and placing children outside their local authority area, with commercial provision linked to more frequent moves and greater instability. This displacement makes children "more vulnerable to exploitation and grooming," yet those with the greatest needs are often placed furthest from home.The Rise of Illegal and Dangerous PlacementsDesperate councils are sending children to providers who are not only unqualified but in some cases unregistered, breaking the law by using "homes" that haven't met basic regulatory requirements. These private oubliettes are "beyond easy reach of the authorities, where children can be dumped and forgotten." Investigations have found unregistered placements are even more expensive than legal ones, with an estimated 669 young people, mostly with special needs, including some preschoolers, in these illegal facilities. In one case, two "care" workers with seven convictions between them (including four for violent offences) sexually assaulted a 15-year-old girl in their care.Comparative Analysis and Ideological DriversWhile only 5% of care places in France are run for profit, in England the figure is 84%, a direct result of successive governments' neoliberal ideology that views public services as inherently inferior. This ideological commitment has left local authorities without capital budgets to provide their own care, forcing them into a market that costs far more for a demonstrably worse service. The consequences are stark: though fewer than 1% of all children in England are in care, 62% of people in young offender institutions have been in "care".Toward a Solution: Public Ownership and Child-Centered CareWales has banned profit-making in this sector and is phasing out the practice entirely, offering a contrasting approach to England's continued embrace of the market model. The solution, according to experts, is public ownership of care services—a model that has proven more effective and less costly with other essential services like water, energy, and railways. As journalist and foster carer Martin Barrow notes, "Foster care, children's homes, supported accommodation and adoption are not interchangeable. Each can be the right option for different children at different times in their lives." Children's homes remain essential, but they must be owned and operated by the state, not treated as profit centers in a market that has no place for human vulnerability.
#children care #private equity #George Monbiot
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Economy Jun 05, 2026

US May Job Growth Beats Forecasts, Signaling Labor Market Resilience

The U.S. added 172,000 jobs in May and kept the unemployment rate at 4.3%, far outpacing economists…
May Job Gains Outpace Forecasts Amid Inflation ConcernsThe Labor Department reported that 172,000 jobs were added in May, while the unemployment rate held steady at 4.3%. Economists had expected roughly 80,000 new positions, making the actual figure more than double the projection.Numbers Reveal Strong Hiring and Revised FiguresMay: 172,000 jobs added (vs. 80,000 forecast)March and April revisions: +29,000 and +64,000 jobs respectively, a total upward adjustment of 93,000Private‑sector hiring: 122,000 jobs (ADP data)April job openings: 7.6 millionADP’s chief economist Dr. Nela Richardson noted the hiring was “more broad‑based” than in recent years, with most industries participating except information and natural resources.Implications for Federal Reserve Policy and Economic OutlookThe report is the first jobs release under new Fed Chair Kevin Warsh, appointed by President Trump. A robust labor market reduces the urgency for rate cuts, yet the Fed faces pressure to balance inflation, which remains elevated, against growth.U.S. Treasury Secretary Scott Bessent signaled confidence in Chair Warsh’s willingness to “balance inflation and growth.” However, Fed voting members have historically been reluctant to lower rates; only one member supported a cut at the April meeting.What the Labor Market May Look Like Through SummerAnalysts expect the Fed to keep rates unchanged at the June 16‑17 meeting, but political pressure for cuts persists. If hiring momentum continues, the Fed could maintain a tighter stance longer, potentially moderating inflation without triggering a recession.
#United States #Bureau of Labor Statistics #Kevin Warsh
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Environment Jun 05, 2026

The Surging Cost of Protein: Global Meat Consumption Trends

A new UN report reveals that global meat consumption has quadrupled since 1961, with poultry leadin…
The Surging Cost of Protein: Global Meat Consumption TrendsThe global dietary landscape has undergone a seismic shift over the last six decades, with meat consumption soaring to unprecedented levels. A comprehensive UN report highlights that the average person now consumes six times more chicken than their grandparents did, signaling a fundamental change in global food systems that carries profound environmental consequences.The Evolution of Global Protein DietsData from the Food and Agriculture Organization (FAO) illustrates a dramatic divergence in dietary habits compared to 1961:Poultry: Supply rose from below 3kg per person to 17kg per person.Pork: Supply doubled to 15kg per person.Beef: Supply remained steady at 9kg per person.Total Meat: Global supply rose from 25kg to 47kg per person.Despite the rise in poultry and pork, beef remains the most polluting food source, yet its consumption has plateaued.Quantifying the Environmental TollAgriculture is now the second most polluting sector of the global economy, and its impact is accelerating. The FAO forecasts a 7.6% rise in planet-heating emissions over the next decade, with livestock accounting for 80% of this increase. Additionally, the report highlights inefficiency, noting that approximately 14% of meat and milk is lost during production or wasted after reaching consumers.Inequality and the Climate MandateThe report exposes a stark regional divide in access to animal products. While high-income nations maintain high consumption levels, low- and middle-income countries face affordability constraints. However, scientists criticize the FAO's approach, arguing that the report fails to recommend reduced meat consumption in wealthy nations, despite the IPCC identifying plant-rich diets as a critical tool for cutting emissions.Navigating the Trade-offs of Animal AgricultureLooking ahead, the focus is shifting toward technological solutions rather than consumption reduction. FAO officials argue that existing technologies and innovations can significantly reduce emissions from livestock production. The challenge for policymakers is balancing the nutritional benefits of animal-source foods with the urgent need to mitigate environmental damage.
#UN #FAO #Climate Change
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Environment Jun 05, 2026

Asia Braces for Unpredictable El Niño as Climate Risks Surge

The UN and the World Meteorological Organization warn that El Niño is likely to develop by Septembe…
Escalating El Niño Probability and UN WarningThe United Nations has warned that the world must prepare for the imminent return of El Niño, a powerful weather pattern that raises global temperatures and drives extreme weather. The World Meteorological Organization (WMO) reported an 80% chance of El Niño forming before September and a 90% chance before November.Projected Climate Impacts Across Key Asian RegionsIndia: Expected below‑average monsoon rainfall, extending the current heatwave and threatening wheat and mustard crops.China: Anticipated 20% higher rainfall in southern regions, with some areas forecast to receive over 200 mm of rain; the Qinghai‑Tibetan plateau warned of “unpredictable and extreme” conditions.General: Intensifying heat and drought could stress agriculture, power grids, and water supplies across the continent.Sectoral Vulnerabilities: Agriculture, Power Grids, and Water SuppliesExperts highlight a “deadly combination” for India, where delayed monsoon rains could exacerbate the ongoing energy crisis and jeopardise food security. In Mumbai, the city’s seven rain‑fed lakes hold only enough water for 45 days, raising the risk of a severe water shortage if rains are delayed. In China, flood‑prone regions face heightened storm risk, while drought‑sensitive areas worry about power‑grid strain.Looking Ahead: Preparedness Measures and Uncertain OutlookNational climate agencies in both India and China are urging stockpiling of emergency supplies and issuing weather warnings. The UN stresses that El Niño’s impacts will be “super‑charged” by human‑driven climate change, making the upcoming summer and autumn seasons especially unpredictable for the region.
#El Niño #World Meteorological Organization #India
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