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First Black US secretary of state, Colin Powell, dies of COVID

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Colin Powell, the former U.S. secretary of state and the first Black person in the country’s history to fill the position, has died from COVID-19

Washington is mourning the loss Colin Powell, a former U.S. secretary of state, who died on Monday due to complications from COVID.

Powell was a four-star general who last held public office in 2005. He was 84.

The former U.S. official was well known as a moderate and pragmatist, and was instrumental in shaping the foreign policy of Republican presidential administrations for decades.

Remembering Colin Powell

Colin Powell was in top posts during the fall of the Berlin Wall, the 1989 US invasion of Panama, the 1991 Gulf War, the September 11 attacks, and the resulting US invasions of Afghanistan in 2001 and Iraq in 2003.

The four-star general served as national security adviser to former President Ronald Reagan from 1987 to 1989 and was the first Black chairman of the Joint Chiefs of Staff under former Republican President George HW Bush and former President Bill Clinton, a Democrat, from 1989 to 1993.

When he was confirmed as former President George W Bush’s secretary of state in 2001, he became the first Black person America’s history to fill that role.

At that time, Powell also became the highest-ranking Black U.S. official in history, later equalled by former Secretary of State Condoleeza Rice and surpassed by former President Barack Obama.

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Experts warn AI could trigger ‘Grey Swan’ events in the global economy

Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.

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Experts warn that AI could trigger ‘grey swan events’ posing risks to economic stability, demand resilience strategies.


As excitement around artificial intelligence reaches new heights, experts are cautioning that the technology could spark unexpected disruptions known as ‘grey swan events’. Unlike black swans, these events are somewhat foreseeable but often underestimated, posing real threats to economic stability.

David Scutt from StoneX joins Ticker to break down what grey swans are, their potential impact on AI, and how legal, security, and innovation risks could shake the industry. He also explains how the pace of AI advancement makes it harder to anticipate and prepare for these shocks.

From resilience strategies for policymakers to the concept of antifragility coined by Nassim Nicholas Taleb, this discussion offers insights into how the world might navigate the growing AI landscape.

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#AI #GreySwan #TechRisks #InnovationShock #ArtificialIntelligence #GlobalEconomy #DavidScutt #TickerNews


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Oscars move to YouTube in landmark streaming deal from 2029

YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.

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YouTube will stream the Oscars exclusively from 2029, making it free for over two billion users worldwide.


The Academy of Motion Picture Arts and Sciences has struck a landmark agreement with YouTube to stream the Oscars exclusively from 2029, marking a major shift for Hollywood’s biggest night.

YouTube will hold global rights to the ceremony from 2029 to 2033, making the event free to its more than two billion users worldwide, with added features like red carpet coverage and behind-the-scenes access.

The move reflects changing viewing habits as audiences increasingly turn to digital platforms for live events.

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#Oscars #YouTube #StreamingWars #Hollywood #FilmIndustry #DigitalMedia #EntertainmentNews #AcademyAwards


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NSW weighs urgent gun law changes after Bondi shooting as firearm caps spark backlash

NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.

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NSW government to discuss urgent firearm legislation changes after Bondi Beach shooting amid rising violence concerns.


The New South Wales government is set to discuss urgent changes to firearm legislation next week following the Bondi Beach shooting, reigniting the national debate over gun control and public safety.

The proposed reforms are aimed at tightening access to firearms and limiting individual ownership, as authorities respond to concerns about rising violence across the state.

With the number of registered firearms in NSW surging over the past decade, lawmakers say swift action may be needed to prevent further harm.

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#NSWPolitics #GunControl #FirearmLaws #BondiShooting #PublicSafety #AustralianNews #BreakingNews #TickerNews


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