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FOUND: 2 | Mind Blowing Facts

US-based Acemoglu, Johnson and Robinson win 2024 Nobel economics prize

The award for work into why countries succeed and fail is the final prize to be given out this year and is worth $1.1m.

Al Jazeera

1 'Strong Buy' Energy Stock That's a Free Cash Flow Gusher

Seadrill Limited, a leading offshore drilling company, is poised to capitalize on the industry's resurgence, with a strong free cash flow outlook and strategic market advantages that could drive significant upside.

Barchart

How Hollywood writers triumphed over AI – and why it matters

Observers hail a ‘smart’ deal that allows for artificial intelligence as a tool, not a replacement – and could be a model for other industries

The Guardian - US

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Power and Progress Is a Wrongheaded Critique of Tech Progress

An undercurrent of the book is that common people want whatever progressive intellectuals want them to want.

Reason

Slavery, revolution and war: Baillie Gifford prize longlist highlights history

Tania Branigan’s Red Memory and Jeremy Eichler’s Time’s Echo are among the titles in the running for the £50,000 award

The Guardian - UK

How the work of Adam Smith could help solve the UK skills gap

Tackling the UK’s productivity problem will require long-term public investment in quality education aimed at closing the skills gap and boosting equality – a plan the 18th-century economist Adam Smith would certainly have agreed with.

The Conversation

Would technology-enabled communism work?

Friedrich von Hayek is best known for his influential 1944 polemic The Road to Serfdom. But his most celebrated work in economics is "The Use of Knowledge in Society", a rather short article on how society uses and acquires dispersed information about economic fundamentals such as preferences, priorities, and productivity.

Bangkok Post

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Power and Progress review – why the tech-equals-progress narrative must be challenged

In an important new book, US economists Daron Acemoglu and Simon Johnson propose ways in which digital technology can be repurposed for human flourishing as well as private profit

The Guardian - UK

RFL appoint Leeds Rhinos legend Jamie Jones-Buchanan in new board role

The RFL have appointed Jamie Jones-Buchanan MBE to a new role as a Board Observer.

Leeds Live

US looking forward to Sweden becoming NATO member before July summit: Austin

The United States looks forward to welcoming Sweden as a NATO member before the alliance's upcoming summit in July and will encourage Turkey and Hungary to ratify accession, U.S. Defense Secretary Lloyd Austin said on Wednesday during a visit to Sweden.

Reuters

IMG club grading plan for rugby league comfortably gets green light

Rugby League Council strongly voted in favour of first installment of plans to 'reimagine' rugby league with a club grading system rather than traditional promotion and relegation

Daily Mirror

Fed official says banking rules are under review in the wake of SVB failure

Michael Barr, the nation’s top banking regulator, said Silicon Valley Bank was warned in the fall of 2021 that its interest rate model was not ‘aligned with reality.’

Chicago Sun-Times

Fed official: SVB itself was main cause of bank's failure

The nation’s top financial regulator is asserting that Silicon Valley Bank’s own management was largely to blame for the bank’s failure earlier this month and says the Federal Reserve will review whether a 2018 law that weakened stricter bank rules also contributed to its collapse

The Independent UK

How to fix the platform economy in digital era

Meta (Facebook), Alphabet (Google), Microsoft, Twitter, and a few other tech companies have come to dominate what we see and hear on the internet, shaping hundreds of millions of people's perceptions of the world.

Bangkok Post

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Daily Mirror

RFL appoint new CEO as boss vows to lead sport through "pivotal and exciting" period

Sutton, 47, handed job on permanent basis after impressing while in temporary charge over last three months and is "proud and privileged" to lead sport into "pivotal" times

The Guardian - UK

Shaun Wane stays on as England coach after RFL review with senior players

Shaun Wane will continue as head coach of the England men’s rugby league team through to the next Rugby League World Cup in 2025

The Independent UK

Wakefield chairman John Minards feels rugby league needs to look after heartland

Clubs will meet IMG chiefs early next month to find out specifically what will be required of them in order to achieve the A or B-level licenses.

The Independent UK

RFL eager for World Club Challenge to become annual fixture

The competition returned this season after a two-year absence due to the Covid pandemic and is currently negotiated on an ad hoc basis

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Daily Mirror

RFL chief executive Ralph Rimmer guilty of "unacceptable language" but escapes sack

RFL chair Simon Johnson deems Rimmer does not require formal disciplinary action after controversial comments made about the Fiji side but he does need "education"

The Guardian - UK

RFL CEO Ralph Rimmer facing calls to quit over controversial Fiji comments

Ralph Rimmer said he ‘had no intention to malign’ Fiji as the RFL confirmed it was ‘following procedure’ after a complaint was made about his remarks

The Guardian - UK

Ralph Rimmer to stand down as RFL chief executive at end of the year

Ralph Rimmer has announced his departure as CEO of the RFL and said: ‘I’m very aware you should never outstay your welcome’

Football London

Chelsea face major Levi Colwill dilemma as Jules Kounde transfer takes step closer

Levi Colwill faces an uncertain future at Chelsea, with the Blues seemingly close to securing the signing of Jules Kounde

Reuters

Swedish court convicts Iranian ex-official over 1988 prison executions

A Swedish court on Thursday sentenced a former Iranian official to life in prison for participating in the execution of political prisoners in Iran in the 1980s.

Nottingham Post

Life on Nottinghamshire new build estate just over an hour from London

One new neighbour was welcomed with a barbecue

Reuters

NATO chief says Sweden has taken "important steps" to meet Turkey's demands

Sweden has taken important steps to meet Turkey's demands for approving Stockholm's NATO membership application, NATO Secretary General Jens Stoltenberg said on Monday during a visit to Sweden.

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