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BIS says debt, AI boom and fragilities raise global risks

Global pressures from rising public debt to financial fragilities and the sustainability of ​the AI boom are increasing risks, underscoring the need for disciplined policymaking, according to the Bank for International ‌Settlements.

June 28, 2026
News

France records 1,000 excess deaths during record-breaking heatwave

France has recorded 1,000 excess deaths during the blistering heatwave sweeping Europe, the ​public health agency said on Sunday, warning that ‌the true figure was likely to be higher.

June 28, 2026
News

Israel damaged heritage sites across south Lebanon, minister says

A crown was blown off an ancient column in a UNESCO-listed site in Lebanon’s port city of Tyre. A pilgrimage site for Muslims and Christians alike ​was destroyed in another southern town. Israeli strikes pummelled the Mamluk-era market in the city of Nabatieh and troops razed centuries-old Lebanese border towns.

June 28, 2026
News

Australia toughens kids’ social media ban, doubles potential penalties for tech firms

Australia said on Saturday it would double the ​maximum penalty it can impose on tech firms that fail to uphold a ground-breaking social media ban for children, as evidence mounts that the ‌ban has had little effect on teen use.

June 28, 2026
News

Google limits Meta’s use of its Gemini AI models, FT reports

Google has put limits on Meta’s use of its Gemini AI ​models after the social media company sought more ‌computing capacity than the rival tech group could provide, the Financial Times reported on Sunday.

June 28, 2026
News

Ticket prices skyrocket for Portugal game against Croatia in Toronto

Ticket prices at resale platforms skyrocketed for the World Cupgame between Portugal and Croatia in Toronto next ​week, with the average price for the cheapest ticket crossing $3,000 ‌late on Saturday, data from price-tracking website Ticketdata showed.

June 28, 2026
News

Heatwave watch: smart tech helps keep Rome’s elderly safe

The black plastic bracelet, worn like a ​watch, includes motion sensors that can detect accidental falls.

June 28, 2026
News

Austria, Algeria defy controversial format to deliver World Cup thriller

For all the scrutiny surrounding the World Cup’s expanded 48-team format, with the advantage its uneven scheduling may give sides playing later in the final round, Austria and Algeria offered a reminder of the sport’s unpredictability on Saturday.

June 28, 2026
News

Argentina’s depth a warning to rivals heading into World Cup knockouts

As Argentina ​move into the knockout phase, Scaloni will know the importance of keeping his entire squad match-fit and focussed, lest injuries or suspensions require changes.

June 28, 2026
News

Austria and Algeria advance to World Cup round of 32, Iran eliminated

Austria and Algeria were the last two teams to advance to the World Cup round of ​32 after battling to a 3-3 draw in ‌Kansas City on Saturday in a result that sent Iran out of the tournament.

June 28, 2026

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Recent Posts

  • BIS says debt, AI boom and fragilities raise global risks
  • France records 1,000 excess deaths during record-breaking heatwave
  • Israel damaged heritage sites across south Lebanon, minister says
  • Australia toughens kids’ social media ban, doubles potential penalties for tech firms
  • Google limits Meta’s use of its Gemini AI models, FT reports

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