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Tsunami warning forces Hawaii evacuations. Trump talks Epstein. Rolling back climate rules. CBS News Correspondent Steve Kathan has today's World News Roundup.
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Friday is the latest deadline for the U.S. to sign trade deals with other countries, or else they'll face higher tariffs. The administration had promised 90 deals in 90 days when setting the later Aug. 1 deadline. But as of today, it's not 90 — it's more like six. Plus, under-16s won't be allowed to have YouTube accounts in Australia, and small businesses may be equipped to weather hard times in Michigan's cannabis industry.
The old classical liberal political tactics of constitutionalism, state building, and universal suffrage have clearly failed.
Original article: https://mises.org/mises-wire/why-classical-liberal-constitutionalism-has-failed
From the BBC World Service: The Australian government announced it will ban children under 16 from having YouTube accounts starting in December. The ban also limits young people's use of TikTok, Instagram, Facebook, X, and Snapchat. We'll learn more. Then, South Africa has long struggled with power cuts. Now, some companies are introducing pay-as-you-go backup power systems. And, a UN environmentalist warns that new Brazilian legislation aimed at streamlining major infrastructure developments will lead to more deforestation.
Dario Amodei is the CEO of Anthropic. He joins Big Technology Podcast for a raw, unfiltered conversation about AI's potential, its stakes, and the source of his outspokenness. The interview is part of a major Big Technology profile about Amodei, ft. interviews with more than two dozen of his colleagues, friends, and critics. You can read that story for free here: https://www.bigtechnology.com/p/the-making-of-dario-amodei
We also cover Mark Zuckerberg's AI talent spending spree, Amodei's rivalry with OpenAI, his response to NVIDIA CEO Jensen Huang's criticism, the state of the AI scaling laws, and whether there's a risk we'll lose control of the technology.
Tune in for a candid, emotional, and high energy conversation with one of the leaders driving the AI wave today.
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Audio and Video by Matt Breetzke of Fireside Visuals: https://www.firesidevisuals.com/
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Plus: The Fed is expected to hold rates steady, although Chair Powell may face unprecedented dissent today. And, U.S. tariffs weigh on European automakers Porsche and Mercedes-Benz. Azhar Sukri hosts.
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The Federal Trade Commission has fined the makers of the video game Fortnite more than $500 million ostensibly for violations that have no legal basis. This is yet another case of the feds shaking down producers in the name of “consumer protection.”
Original article: https://mises.org/mises-wire/ftc-versus-fortnite-consumer-protection-consumer-deception
A.M. Edition for July 30. The magnitude 8.8 earthquake struck Russia’s Pacific coast, triggering tsunami warnings in Hawaii and California. Plus, the Federal Reserve is expected to hold rates steady, but two governors appointed by President Trump are due to vote against Fed Chair Jerome Powell, something that hasn’t happened in more than three decades. Dow Jones Newswires economics editor Paul Hannon explains the significance. And, the Trump administration takes a big swing at toppling a landmark scientific finding on greenhouse-gas emissions. Azhar Sukri hosts.
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