Business & Economy

Nvidia chief rejects AI extinction fears

Published: 21 September 2026. The English Chronicle Desk. The English Chronicle Online. Nvidia chief executive Jensen Huang has rejected predictions that artificial intelligence could cause the extinction of humanity within the next few years, describing such warnings as exaggerated “doomsday narratives”. His comments come amid growing international debate over the rapid development of increasingly powerful AI systems and concerns about whether governments and technology companies are adequately prepared to manage...

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Macron and Carney deepen France-Canada ties

Published: 21 September 2026. The English Chronicle Desk. The English Chronicle Online. French President Emmanuel Macron and Canadian Prime Minister Mark Carney have announced plans to strengthen cooperation between France and Canada, as both countries confront a changing international environment and Ottawa seeks closer economic, political and security relations with Europe. The two leaders met on Sunday in Saint-Pierre and Miquelon, a French territory in the North Atlantic off Canada’s...

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Reform UK Faces Internal Debate Over £72m Spending

Published: 19 September 2026. The English Chronicle Desk. The English Chronicle Online. Reform UK is facing an internal debate over how to use a record £72 million in political donations after some grassroots activists questioned party leader Nigel Farage’s plan to spend a substantial portion of the money on professional campaign managers and other paid staff. The donations, worth £36 million each, were made by cryptocurrency billionaires Ben Delo and...

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UK Rent Gap Puts Low-Income Families Under Pressure

Published: 19 September 2026. The English Chronicle Desk. The English Chronicle Online. More than 1.1 million low-income families living in rented accommodation could face increasing financial pressure unless the UK government takes action to address a growing gap between housing support and actual private rents, according to a warning from the Resolution Foundation. The thinktank has called on the government to reconsider the freeze on Local Housing Allowance, saying the...

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UK Retail Sales Rebound as Consumers Spend More

Published: 18 September 2026. The English Chronicle Desk. The English Chronicle Online. Retail sales across Great Britain returned to growth in August, offering a fresh indication that consumer activity remains more resilient than some recent economic forecasts had suggested. Official figures showed that the volume of goods purchased increased by 0.5% during the month, reversing the decline recorded in July and exceeding expectations for a modest fall. The latest figures...

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Tom Watson Takes Senior Role at Palantir

Published: 18 September 2026. The English Chronicle Desk. The English Chronicle Online. Former Labour deputy leader Tom Watson has taken a full-time senior position at Palantir, joining the US artificial intelligence and data-analysis company at a time when its growing role in British public services is facing political scrutiny. Watson, a Labour peer and former government minister, has been appointed senior vice-president at Palantir and will work alongside the company's...

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South Korea Rules Out Military Role in Iran War

Published: 18 September 2026. The English Chronicle Desk. The English Chronicle Online. South Korea will not deploy its military to the Middle East in a way that could draw the country directly into the war involving Iran and the United States, President Lee Jae Myung said on Friday, ending recent speculation about whether Seoul could send forces or military assets to the Strait of Hormuz. Lee’s statement comes after growing...

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Japan Raises Rates to 31-Year High

Published: 18 September 2026. The English Chronicle Desk. The English Chronicle Online. Japan’s central bank has raised its benchmark interest rate to its highest level in more than three decades, as policymakers respond to persistent inflationary pressure and the economic effects of higher energy costs associated with the conflict in the Middle East. The Bank of Japan voted to increase its target short-term interest rate from 1% to 1.25%, taking...

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Indonesia Receives First Aircraft Carrier

Published: 18 September 2026. The English Chronicle Desk. The English Chronicle Online. Indonesia has received its first aircraft carrier, marking a significant development in the country’s naval capabilities and opening a new debate over the cost, purpose and long-term usefulness of the vessel. The former Italian warship, the ITS Giuseppe Garibaldi, arrived at the Tanjung Priok naval base in North Jakarta on Friday morning and was welcomed with a military...

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Omar Proposes Bill to Redirect ICE Funding

Published: 17 September 2026. The English Chronicle Desk. The English Chronicle Online US Representative Ilhan Omar is introducing legislation that would seek to redirect nearly $140 billion allocated to federal immigration enforcement towards communities, businesses and organisations affected by the Trump administration's intensified immigration operations. The proposed 'Make ICE Pay' Act would target funding designated for Immigration and Customs Enforcement (ICE) and Customs and Border Protection (CBP) under President Donald...

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