Government News

• Microsoft (MSFT) to Offer OpenAI to US Federal Agencies
  
  Microsoft (MSFT) announces plans to provide OpenAI's GPT models to its government cloud customers.
  Zacks.  Friday, 9 Jun 2023.
• Half of Brits believe ministers should be BANNED from using WhatsApp for Government business
  
  Some 48 per cent of those polled for MailOnline by Redfield & Wilton Strategies felt that the Government should not be using the popular messaging app.
  Daily Mail.  Friday, 9 Jun 2023.
• Windfall tax to end if energy prices drop
  
  The tax was introduced last year to help fund the government's scheme to lower energy bills.
  BBC News.  Friday, 9 Jun 2023.
• The US Government Avoided Default, But Many Companies May Not Be So Lucky
  
  Bankruptcy filings by Diebold Nixdorf, Wesco Aircraft Holdings, and GenesisCare made headlines but the number of companies defaulting will likely grow going forward.
  Forbes.  Friday, 9 Jun 2023.
• Government wobble on windfall tax may be of political benefit but risks a renewable backlash
  
  The government has wobbled on the oil and gas windfall tax, reflecting a growing government concern about the effect of the 75% marginal rate on a sector that supports over 200,000 jobs.
  Sky News.  Friday, 9 Jun 2023.
• Cyclists to be forced to have insurance, number plates and indicators under new laws in Italy
  
  Cyclists in Italy will be made to have licence plates, indicators, insurance and wear helmets following a proposed law by its government.
  Sky News.  Friday, 9 Jun 2023.
• UBS and the Swiss government sign loss protection agreement over Credit Suisse takeover
  
  UBS and the Swiss government announced Friday that they had signed a loss protection agreement which will come into effect once the takeover of Credit Suisse is completed.
  CNBC.  Friday, 9 Jun 2023.
• 6/8: CBS Evening News
  
  Trump says he's been indicted on charges stemming from his handling of government documents; Joran van der Sloot arrives in U.S. to face extortion charges
  CBS News.  Friday, 9 Jun 2023.
• Trump says he's been indicted on charges stemming from his handling of government documents
  
  Trump said attorneys with the Justice Department informed him he was indicted over the "boxes hoax" and he has been called to appear at the federal courthouse in Miami on Tuesday. Catherine Herridge reports.
  CBS News.  Thursday, 8 Jun 2023.
• Biden sends firefighters, aid to Canada as wildfire smoke blankets much of the U.S.
  
  President Joe Biden said the government was aiding Canada in fighting the wildfires that have cloaked the East Coast and Midwest in smoke.
  CNBC.  Friday, 9 Jun 2023.
• Pentagon UFO expert says aliens HAVE crash-landed on Earth
  
  According to David Grusch (pictured), a former Department of Defence official, deeply covert programmes run by the U.S. government possess 'intact and partially intact' craft of non-human origin.
  Daily Mail.  Friday, 9 Jun 2023.
• Covid inquiry: Families unhappy with Welsh government
  
  A solicitor for families affected says the government has not properly participated in the inquiry.
  BBC News.  Thursday, 8 Jun 2023.
• U.S. Suspends Food Aid for Ethiopia, Citing Widespread Theft
  
  American officials say they uncovered a countrywide scheme by government officials to divert food aid, in a country where 20 million people rely on donated relief.
  New York Times.  Thursday, 8 Jun 2023.
• Following Morgan Stanley? Tap These ETFs
  
  Morgan Stanley is bullish on equities in Japan, Taiwan and South Korea and suggest an overweight position in developed-market government bonds, including long-dated Treasuries, and the dollar.
  Zacks.  Thursday, 8 Jun 2023.
• Romania Tells Russia To Reduce Staff At Embassy In Bucharest
  
  The Romanian government has informed Russia that it must reduce the number of diplomats and administrative staff at its embassy in Bucharest by 51 positions.
  Radio Liberty.  Thursday, 8 Jun 2023.

News Headlines and News Summaries