India is advancing its plans to procure five more S-400 Triumf air defense systems from Russia. The initiative takes a step forward as Moscow has presented a cost proposal, setting the stage for negotiations with New Delhi. The ultimate decision rests with the Cabinet Committee on Security, which will review the proposal once the price is settled and clearance is obtained from the Finance...
Bank of England Governor Andrew Bailey has raised concerns about the potential dangers posed by advanced artificial intelligence systems to the global financial system. In a communication addressed to G20 finance ministers and central bank governors, Bailey highlighted the risks associated with AI models that are becoming increasingly autonomous and adept at complex problem-solving, cautioning that these technologies could precipitate significant economic challenges worldwide.
Bailey's...
