Trump says ceasefire is on ‘life support’ after calling Iran’s reply a ‘stupid proposal’ - Middle East conflict 11 May
U.S. President Donald Trump on Monday dismissed Iran’s response to a U.S. peace proposal as a “stupid proposal,” say...
French President Emmanuel Macron has announced a €109 billion investment in artificial intelligence, positioning France as a key player in global AI development. Speaking ahead of the Paris AI Summit, he emphasized the need for international regulation to ensure responsible innovation.
France is set to make one of its largest-ever investments in artificial intelligence, with President Emmanuel Macron confirming €109 billion in funding over the coming years. The announcement comes as France seeks to strengthen its AI sector while ensuring ethical and regulatory oversight at a global level.
In an interview at the Grand Palais, Macron compared the initiative to the U.S. government's Stargate project, highlighting that France’s AI ambitions are backed by international investment from the United Arab Emirates, American and Canadian firms, and French corporations. He also revealed that the UAE will construct a super data center as part of the effort.
Beyond financial commitments, Macron addressed the broader impact of AI. He downplayed fears of artificial intelligence replacing humans, instead calling it a tool for optimization. The real challenge, he said, lies in regulating generative AI models, which have rapidly expanded in scale and capability.
Canadian Prime Minister Justin Trudeau, speaking alongside Macron at the Global Partnership on AI meeting, stressed the urgent need for responsible AI development. He pointed to AI’s potential to destabilize democracies through misinformation and underscored the importance of clean energy sources for powering AI systems without hindering climate goals.
Macron echoed this sentiment, arguing that AI "must be regulated globally" rather than in isolated regions. He called on Europe to lead the way but emphasized that cooperation between governments and private companies is essential to prevent misuse.
As discussions continue at the Paris AI Summit, France’s commitment to AI governance and investment signals a major step toward shaping the future of global artificial intelligence policy.
Australia confirmed it will repatriate citizens from the MV Hondius cruise ship hit by a deadly hantavirus outbreak, with quarantine on arrival. Spain, France are evacuating nationals as three deaths are confirmed. In the U.S., two passengers have been isolated after testing positive for the virus.
U.S. President Donald Trump on Monday dismissed Iran’s response to a U.S. peace proposal as a “stupid proposal,” saying Tehran failed to commit to abandoning its pursuit of a nuclear weapon, while warning the fragile ceasefire was on “massive life support”.
Metropolitan Shio of Senaki and Chkhorotsku has been elected the 142nd head of the Georgian Orthodox Church at a meeting of clergy in Tbilisi following the death of longtime Patriarch Ilia II.
President Donald Trump called Iran’s response to a US war proposal “totally unacceptable” after Tehran sent its reply through mediator Pakistan, according to IRNA. Qatar’s al-Thani also warned Iran against using the Strait of Hormuz as “a pressure tool”.
A Turkish Airlines plane caught fire in its landing gear tyres after landing at Tribhuvan International Airport on Monday (11 May) morning, temporarily disrupting airport operations, officials said.
The Strait of Hormuz remains a vital maritime chokepoint and serves as the primary artery linking the Persian Gulf to international energy markets. With approximately 20% of global oil and gas shipments transiting this waterway, it is the backbone of energy security for Asia, Europe, and beyond.
China’s exports grew faster than expected in April, as overseas buyers moved quickly to secure supplies amid fears that the conflict involving Iran could drive up global energy and transport costs.
Asian stocks surged to record highs on 7 May as investors priced in growing hopes of a potential Middle East peace deal, while oil prices eased and the U.S. dollar weakened amid shifting global risk sentiment.
Stocks around the world climbed to fresh record highs on Wednesday (6 May), while oil prices fell sharply, after reports suggested the United States and Iran were nearing an agreement to end conflict.
U.S. President Donald Trump has said he will raise tariffs on cars and trucks imported from the European Union to 25% next week, up from the 15% level agreed last year, accusing the bloc of failing to comply with its trade commitments.
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