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Bank of England must proceed with caution over future rate cuts, says deputy governor | Bank of England newsthirst.

Bank of England policymakers must proceed cautiously – like mountaineers – as they cut interest rates in the months ahead as inflation risks rise, according to the central bank’s deputy governor, Dave Ramsden. In a speech at Stellenbosch University in South Africa, Ramsden – a climber himself – returned to the mountain analogy previously used…

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AI-generated child abuse global hit leads to dozens of arrests newsthirst.

At least 25 arrests have been made during a worldwide operation against child abuse images generated by artificial intelligence (AI), the European Union’s law enforcement organisation Europol has said. The suspects were part of a criminal group whose members engaged in distributing fully AI-generated images of minors, according to the agency. The operation is one…

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Hundreds in US climate agency NOAA fired in latest cuts newsthirst.

Thomas Mackintosh BBC News, London Getty Images Hundreds of National Oceanic and Atmospheric Administration (NOAA) staff have been laid off in the latest development in the Trump’s administration’s efforts to slash the federal workforce. Around 880 workers – including weather forecasters – have had their jobs terminated on Thursday, the BBC’s US partner CBS reported….

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Weather tracker: six cyclones swirl simultaneously in southern hemisphere | Australia news newsthirst.

An uncommon meteorological event unfolded on Tuesday when six named tropical cyclones were active simultaneously in the southern hemisphere, several in close proximity to one another. Three developed in the south-west Pacific. Severe Tropical Cyclone Alfred formed on 20 February in the Coral Sea to the north-east of Australia, reaching an intensity equivalent to a…

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Prisoners in England and Wales could earn early release under Texas-style shakeup | UK criminal justice newsthirst.

Prisoners may have to earn their freedom through “good behaviour credits” rather than be automatically released after a set period as part of an overhaul being considered by the government. The justice secretary, Shabana Mahmood, who travelled to Texas where a similar scheme was introduced more than a decade ago, said she wanted a “carrot-and-stick”…

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