Swiss Put Cash Into Constitution to Guard Against Its Demise
Source: Bloomberg Politics · Bias: Center
Summary
Switzerland voted to enshrine the availability of cash in its constitution, assenting to a push designed to guard against the demise of physical money.
Swiss Put Cash Into Constitution to Guard Against Its Demise
Center
Switzerland voted to enshrine the availability of cash in its constitution, assenting to a push designed to guard against the demise of physical money.
Stop slacking, allies.
The post NATO Leaders Will Meet for Key Summit in Turkey After Trump Puts Freeloading Allies on Blast appeared first on The Gateway Pundit.
Secretary of War Pete Hegseth on Thursday thanked the National Guard currently mobilized in DC ahead of the 4th of July holiday weekend.
The post Hegseth Blasts ‘Free DC’ Protestors For Crashing National Guard Event (VIDEO) appeared first on The Gateway Pundit.
That a court with six Republican-appointed justices could hand down such a patently un-American decision is an indictment of America's rogue legal system.
President Trump is redefining what it means to be a U.S. ally in the AI era.Why it matters: For the White House, it's now about how partners can help the U.S. win the AI race.For decades, shared values and security interests have underpinned alliances with Europe and other partners around the world. Under Trump, that's no longer enough.As AI becomes central to economic and military power, frontier AI models, chips and infrastructure are turning into new instruments of American influence.Driving the news: The Trump administration is blocking allies from accessing the world's most powerful models, playing it close to the vest and criticizing Europe for not having its own robust AI industry.With export controls on Fable and Mythos lifted on Tuesday, Anthropic and the Trump administration are continuing Project Glasswing efforts, which the company previously said would give access to Mythos to 150 more organizations across more than 15 countries.Fable is also back.Commerce retains the power to pull back access when it deems appropriate. "The problem we have is that we are leading everybody by a lot," Trump said in a recent interview with "The Axios Show." "Europe has to be very careful. They're losing their way entrepreneurially."Trump pointed to the U.K. not tapping into energy sources in the North Sea because of environmental concerns: "It's crazy." Between the lines: The Trump administration's AI restrictions are part of a broader transactional approach to alliances.Catch up quick: Vice President JD Vance's speech last year at the Paris AI Summit set the stage for a confrontational relationship with the European Union.The U.S. was quick to rebuke the EU's focus on safety over innovation with Trump entering his second term laser-focused on deregulation. But the president now finds himself behind an ad hoc licensing regime that's creating its own regulatory uncertainty, both domestically and abroad.OpenAI's GPT-5.6 was forced into a staggered rollout last month due to government concerns.What they're saying: European Commission spokesperson Thomas Regnier on Wednesday said the bloc is looking forward to "intensifying" discussions with Anthropic to gain access to Mythos through Project Glasswing and that, in the meantime, it has access to GPT-5.5-Cyber.The EU has a delegation in the U.S. to determine the scope of a future tech dialogue, the frequency of meetings and the level at which they'll be held.The dialogue is expected to include frontier AI models, chip supply chains and cybersecurity."But we have one clear line," Regnier said, "which is that our sovereign legislation is not up for negotiation."Omran Sharaf, the United Arab Emirates' assistant foreign minister for advanced science and technology, told Axios "it's very important that trusted partners and strategic partners are included in the process."That way it is "synchronized and we're applying similar standards in controlling such technologies, rather than having something that gets imposed."The big picture: AI is changing what the White House wants in its alliances.Just last week, the EU and several European governments signed onto Pax Silica, the U.S.-led effort to secure AI supply chains and critical minerals, even as the White House restricts their access to frontier AI models.For the U.S., Europe is all of the above: a restraint, an indispensable partner and a competitor.The administration is simultaneously rejecting Europe's AI rules, inking deals with the region to secure supply chains and blocking access to cutting-edge technology.The bottom line: With the most advanced AI, allies will have to adjust to being considered trusted U.S. partners only in some cases."The conclusion that governments are coming to is: We'll be part of Pax Silica, yes. We'll work with the U.S. ecosystem where we can. We'll build around what we can't," A.J. Bhadelia, Cohere's head of global government affairs and external affairs, told Axios.
The Wall Street Journal’s editorial board published a Wednesday op-ed slamming President Trump and his family for “cashing in on the presidency” after his financial disclosures showed the president brought in $2 billion last year alone. Trump’s crypto venture, effectively managed by the Trump Organization, reaped in more than $526.8 million in proceeds from tokens…
Tucker Carlson said that he’s going to help build a third party, although he denied that he intends to run for president as its candidate. The conservative […]
