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‘The next 24 hours will be critical’: flooding to second-storey level possible as torrential rain soaks Queensland | Australia news newsthirst.

Cyclonic rainfall totals have lashed the regions of north Queensland as prepare-to-leave warnings were issued for six suburbs across Townsville. The state’s north has been hit by torrential rain for days, resulting in road closures, flash flooding and multiple rescues due to tropical lows off the coast. Further rainfall is forecast through to at least…

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Exchange-traded funds have ‘tax magic’ that many mutual funds don’t offer newsthirst.

Israel Sebastian | Moment | Getty Images Investors who hold exchange-traded funds can often escape a tax bill incurred by those with mutual funds, which are generally less tax efficient, according to investment experts. ETFs and mutual funds are baskets of stocks, bonds and other financial assets overseen by professional money managers. But they have…

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UK delays plans to regulate AI as ministers seek to align with Trump administration | Artificial intelligence (AI) newsthirst.

Ministers have delayed plans to regulate artificial intelligence as the UK government seeks to align itself with Donald Trump’s administration on the technology, the Guardian has learned. A long-awaited AI bill, which ministers had originally intended to publish before Christmas, is not expected to appear in parliament before the summer, according to three Labour sources…

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