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UK Unemployment Soars; Mamdani Warns of Tax Hike

New York City Mayor Zohran Mamdani proposed a nearly 10 percent increase in property tax rates, a measure he framed as a last resort if he fails to persuade Governor Kathy Hochul to raise income taxes on the wealthy, according to the New York Times. The budget plan, totaling $127 billion, is Mamdani's first since becoming mayor and would take effect July 1, following revisions and negotiations with the City Council.

The proposed 9.5 percent property tax increase would affect over 3 million single-family homes, co-ops, and condos, as well as more than 100,000 commercial buildings, Mamdani stated when delivering his preliminary spending plan, according to the NY Times. The mayor, a newly elected democratic socialist, highlighted the budget's increase from the current $122 billion spending plan.

In other news, the UK's unemployment rate climbed to 5.2 percent in the three months leading up to December, the highest rate in almost five years, as reported by the Office for National Statistics (ONS) via BBC Business. Young people are disproportionately affected, with unemployment for those aged 16 to 24 reaching 16.1 percent, the highest in over a decade. While wages are still rising faster than prices, the growth rate continues to slow, and many businesses have slowed hiring, citing measures in Chancellor Rachel Reeves's recent budgets.

Meanwhile, in France, nine individuals were arrested in connection with the death of a far-right nationalist student, Quentin Deranque, who died after being attacked by a gang of masked men in Lyon, as reported by BBC World. The arrests include a parliamentary assistant for a deputy from the radical left France Unbowed (LFI) party. The incident occurred after a demonstration by far-right feminists, whom Deranque was reportedly helping to protect.

In the realm of technology, the AI Impact Summit in Delhi is underway, with discussions on guiding the AI revolution, according to BBC Technology. Despite initial reports suggesting his absence, Bill Gates is confirmed to be delivering a keynote address. Additionally, Sir Keir Starmer has pledged to address loopholes in laws designed to protect children online, specifically targeting AI chatbots, as reported by BBC Technology. Starmer stated they would "do battle with AI chatbots as we did with Grok." Government proposals also include measures requiring tech giants to preserve data on a child's phone if they die.

AI-Assisted Journalism

Synthesized from multiple sources. Reviewed for accuracy.

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AI Compiler Fuels Tech Race, Aids Ski Team
Tech2m ago

AI Compiler Fuels Tech Race, Aids Ski Team

Drawing from multiple news sources, this summary highlights several developments: an anonymous individual's AI agent, MJ Rathbun, is contributing to open-source scientific projects; a Y Combinator-backed startup, Structured AI, is offering a high-ownership GTM internship in NYC focused on construction design engineering; and Edge-Veda is developing a private-by-default on-device AI runtime for Flutter. Additionally, Laurie Spiegel's pioneering algorithmic music tool, Music Mouse, celebrates its 40th anniversary.

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Coder, Photojournalist, and Ski Hero Make Headlines
AI Insights2m ago

Coder, Photojournalist, and Ski Hero Make Headlines

Based on multiple sources, an anonymous individual created an autonomous agent, MJ Rathbun, to contribute to open-source scientific projects, aiming to address small bugs and issues. The agent, running in a sandboxed environment and utilizing various AI models, has faced criticism from the open-source community, with some considering its actions harmful.

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Byte_Bear
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Tech Shakeup: AI Wars, Database Revolution, & Coding Gains
Tech2m ago

Tech Shakeup: AI Wars, Database Revolution, & Coding Gains

Drawing from multiple news sources, OpenAI has acquired Peter Steinberger, creator of the open-source AI agent OpenClaw, signaling a shift in AI focus from conversational interfaces to autonomous agents. OpenClaw, known for its ability to execute tasks, browse, and interact with platforms, will now transition to an independent foundation, though OpenAI will provide sponsorship. This acquisition highlights OpenAI's commitment to developing AI that can actively perform actions.

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DEVELOPING: Venezuela's New Leader Outmaneuvers Trump's Pressure!
Politics37m ago

DEVELOPING: Venezuela's New Leader Outmaneuvers Trump's Pressure!

Following the removal of former President Maduro, acting Venezuelan leader Delcy Rodríguez faces the challenge of balancing support for Maduro with pressure from the U.S. government, which has threatened consequences for non-compliance. Rodríguez's administration is navigating this situation by appealing to its socialist base while potentially adjusting policies.

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Epstein's Partner, Hefner's Photos, Trump's Critics: Scandal Brews
AI Insights7m ago

Epstein's Partner, Hefner's Photos, Trump's Critics: Scandal Brews

Drawing from multiple news sources, Crystal Hefner, Hugh Hefner's widow, is filing complaints against the Hugh M. Hefner Foundation, alleging they possess thousands of scrapbooks with potentially lewd photos of women, including possibly underage girls. She claims she was removed from her position as foundation president after raising concerns about the scrapbooks, which allegedly document private sexual encounters dating back to the 1960s.

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Global Turmoil: Unemployment Soars, Leaders Fall, Violence Erupts
World5m ago

Global Turmoil: Unemployment Soars, Leaders Fall, Violence Erupts

Drawing from various news reports, the UK's unemployment rate reached a nearly five-year high of 5.2% at the end of 2025, with youth unemployment significantly impacted, soaring to 16.1%. While wages continue to outpace inflation, the growth rate is slowing, and political figures from both Labour and the Conservatives are debating the causes and potential solutions, including measures to support young people and the hospitality industry.

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Dark Web Clue Saves Girl; Syrian Women Speak Out
Women & Voices6m ago

Dark Web Clue Saves Girl; Syrian Women Speak Out

Drawing from multiple news sources, reports detail the kidnapping and sexual assault of Alawite women in Syria, with over 80 reported missing since the fall of the previous regime. The Syrian Feminist Lobby has confirmed 26 kidnappings, and victims accuse the interim government's security forces of failing to investigate the crimes adequately.

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War Fears Rise as US, Iran Clash; UK Jobless Soar
World1h ago

War Fears Rise as US, Iran Clash; UK Jobless Soar

Drawing from various news reports, UK unemployment reached a nearly five-year high of 5.2% at the end of 2025, with youth unemployment significantly impacted, soaring to 16.1%. This rise has sparked political debate, with Labour and Conservative parties offering differing perspectives on the causes, including the impact of recent budget measures and economic policies.

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Democracy Learns: From Finland to Jackson's Legacy
Politics1h ago

Democracy Learns: From Finland to Jackson's Legacy

Drawing from multiple news sources, a Citizen Lab investigation suggests Kenyan authorities used Israeli-made software to hack a pro-democracy activist's phone, raising concerns about government surveillance. Additionally, reports indicate a decline in Donald Trump's approval ratings among young people, and the late Rev. Jesse Jackson's impact on presidential politics is being recognized.

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Investigation Uncovers New Epstein Ranch Secrets
Health & Wellness56m ago

Investigation Uncovers New Epstein Ranch Secrets

Drawing from NPR and UNICEF reports, the Toyokana Center in Kinshasa, Democratic Republic of Congo, provides a safe space for girls who have experienced sexual violence, addressing a growing problem. The center was established in response to the needs identified by young women, and it offers treatment and a place to be heard, as sexual violence cases are on the rise, with many occurring within families. UNICEF data indicates over 45,000 cases were recorded last year, highlighting the urgent need for such support.

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Epstein Ranch Probed; Social Media Giants Face Criminal Inquiry
Culture & Society2h ago

Epstein Ranch Probed; Social Media Giants Face Criminal Inquiry

Drawing from NPR's reporting, the Toyokana Center in Kinshasa, Democratic Republic of Congo, provides a safe space for girls who have experienced sexual violence, addressing a critical need highlighted by a 2022 forum and supported by UNICEF data. The center's creation stems from the alarming rise in sexual violence cases, with over 45,000 recorded last year, and aims to offer a place where girls can be heard, protected, and cared for, especially considering the prevalence of abuse within families.

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Vinicius Wins Amid Racism, Robots Wow, Athletes Return
Sports2h ago

Vinicius Wins Amid Racism, Robots Wow, Athletes Return

Drawing from multiple news sources, Real Madrid defeated Benfica 1-0 in their Champions League playoff first leg, with Vinicius Jr. scoring the winning goal. The match was marred by an alleged racist slur directed at Vinicius by Benfica's Gianluca Prestianni, leading to a temporary halt in the game under FIFA's anti-racism protocol.

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Thunder_Tiger
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