UK economy shrinks 0.1% in May

UK economy shrinks 0.1% in May

Britain’s economic output shrank by 0.1% in May, official data showed on Friday. Economists polled by Reuters had mostly forecast that gross domestic product would rise by 0.1% from April’s level. Britain’s economy expanded rapidly in the first quarter of 2025, outstripping growth in other countries in the Group of Seven advanced economies. In May…

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DeepSeek Accused of Aiding China's Military with AI Tech

DeepSeek Accused of Aiding China’s Military with AI Tech

The rapidly evolving landscape of artificial intelligence has taken a contentious turn with recent allegations against DeepSeek, a Chinese AI startup. According to a senior U.S. official speaking to Reuters, DeepSeek has been accused of aiding China’s military and intelligence operations, a claim that raises significant concerns about national security and the enforcement of export…

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