AI Monopolists Could Be a Disaster for Workers

What do you think is missing from the debate about AI and job loss?The macroeconomists who are thinking about this question are focused on comparing two rates. Let’s say that eventually goods essentially get to be free, because AI makes more energy and makes more robots and goods become very cheap to make in terms of the actual cost of the resources used. Meanwhile, since the machines are making everything,…

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Global population living with extreme heat to double by 2050

Most of the impacts will be felt early on as the world passes the 1.5°C target set by the Paris Agreement, the authors warn. In 2010, 23% of the world's population lived with extreme heat, and this is set to grow to 41% over the next decades.Published in Nature Sustainability, the findings have grave implications for humanity. The Central African Republic, Nigeria, South Sudan, Laos, and Brazil are predicted to see…

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Radical measures needed to close arts class gap in Greater Manchester, inquiry finds

Working class creatives are struggling to break into and are leaving the arts, a new inquiry has warned. Class Ceiling, led by Chancellor of The University of Manchester Nazir Afzal OBE and Avis Gilmore, former Deputy General Secretary of one of Europe’s biggest trade unions, found that barriers preventing working class talent from succeeding included class-based discrimination, low pay, a lack of connections and exploitative practices.   Less than half of creatives surveyed…

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Mind the gap: credit dynamics in the euro area

26 January 2026By Paola Di Casola, Caterina Mendicino, Giulio Nicoletti and Ana SkoblarAn effective transmission of monetary policy to credit is key for supporting investment and growth. This blog post examines the recent credit recovery, highlighting that it has been more gradual than in past episodes and explores the factors behind this sluggish recovery.Since the ECB began cutting rates in June 2024, credit to the private non-financial sector has seen…

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Trump’s Extra Tariffs: A New Round of Trade Disputes Within the WTO?

Amidst a breakdown in the global trading system, more dispute resolution bodies and arrangements are coming into being as viable alternatives to the established institutions of old. Yet even in the newly emerging trading landscape the United States maintains an advantage, writes Ekaterina Knyazkina, Junior Research Fellow, Institute for International Studies, MGIMO University The opening stages of the Trump presidency brought the world to the brink of a large-scale trade…

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EEOC Rescinds Biden-Era Guidance Recognizing Unlawful Harassment Over Sexual Orientation, Gender Identity

Quick Hits The EEOC voted 2–1 along party lines to rescind the 2024 anti-harassment guidance that recognized harassment based on sexual orientation and gender identity as unlawful under Title VII. The reversal aligns with the Trump administration and EEOC Chair Andrea Lucas’s federal policy shift to define sex as immutable and binary. This rescission follows a federal court ruling that the EEOC had overstepped its authority with the original guidance,…

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New Jersey Enacts ‘Historic’ Expansion of the New Jersey Family Leave Act

Quick Hits On January 17, 2026, outgoing New Jersey governor Phil Murphy signed into law a bill that will expand the reach and protections of the NJFLA. The new law also appears to greatly expand state law, including new job-protection provisions for employees taking medical leave. The new law takes effect on July 17, 2026, six months following its enactment. Smaller Employers Affected and Newer Employees Eligible The new law…

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Canada Revenue Agency reverses its long-standing position on the GST/HST Status of Mutual Fund Trailing Commissions

The Canada Revenue Agency (CRA) has announced a major change to the goods and services tax/harmonized sales tax (GST/HST) treatment of mutual fund trailing commissions (Trailing Commissions). Effective July 1, 2026, Trailing Commissions will be treated as taxable supplies, reversing the CRA’s long-standing position that these payments were in respect of exempt financial services. This change will have significant implications for mutual fund managers (Managers), dealers, and advisors, including new…

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Congratulations to EquipmentShare on Going Public

When we first met the founders of EquipmentShare in Winter 2015, they didn’t come from Silicon Valley or Wall Street. They came from rural Missouri: the “Show Me” state. Their background is one where you learned to build things yourself, fix what was broken, and work with what you had.EquipmentShare’s founders grew up in a commune where rules were strict, and self-reliance wasn’t a slogan — it was a necessity.…

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Oxford tops Medicine and Computer Science rankings

The University of Oxford has been ranked first in the world in the Times Higher Education (THE) Subject Rankings for Medicine and Computer Science. Oxford leads in Medicine for the 15th consecutive year and in Computer Science for the 8th. The Times Higher Education World University Rankings are widely regarded as one of the most authoritative indicators of academic excellence, drawing from a rigorous set of criteria, including research influence,…

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Wim Decock appointed as new Regius Professor of Civil Law

His Majesty The King has approved the appointment of Professor Wim Decock, of the Universities of Louvain and Liège, as the new Regius Professor of Civil Law at the University of Oxford. He will take up the post on 1 October 2026 and succeeds Professor Wolfgang Ernst. Professor Wim Decock Founded in the 1540s by King Henry VIII, the Regius Professorship of Civil Law at Oxford is one of the oldest of…

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February 2026 Visa Bulletin Shows Advancement in the EB-3 Category, Except for China-Mainland and India

Quick Hits USCIS will continue to accept adjustment of status filings based on the Dates for Filing Chart in February 2026. All EB-3 categories advance, except India and China-mainland. EB-4 Certain Religious Workers (SR) is Unavailable (U) in February 2026 due to the program’s sunset on January 30, 2026. Final Action Dates The final action dates in the EB-3 category advance for all countries except for China-mainland and India in…

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A new era for civil litigation in Ontario: Highlights from the Civil Rules Review final report

The Civil Rules Review Working Group’s Final Policy Report (the Final Report) was released on December 15, 2025, following extensive stakeholder consultation. The report builds on earlier reform proposals and continues to recommend sweeping changes to Ontario’s Rules of Civil Procedure, aimed at faster, more proportionate, and court-driven adjudication. If implemented, the proposals would significantly alter the civil litigation landscape in Ontario. Key proposals include: From a two-track process to…

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ADHD medication use rises sharply across Europe, driven by growth among adults

The use of medications for Attention-Deficit Hyperactivity Disorder (ADHD) has increased substantially across Europe over the past decade, with the steepest rises seen among adults - particularly women - according to a large population-based study published in The Lancet Regional Health - Europe. In the context of the Data Analysis and Real World Interrogation Network (DARWIN EU®), researchers in the DARWIN EU® Coordination Centre analysed electronic health records from five…

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Expert Comment: Is an under-16 social media ban the right course?

Dr Victoria Nash, Oxford Internet Institute On 10 December 2025, many younger Australian teenagers woke up to a tough new reality: attempts to access TikTok, Snapchat, Instagram or YouTube were met with screens showing locked accounts and instructions to verify age.This is the result of legislation introduced by the Australian government to stop young people under the age of 16 from using major social media services, in an effort to protect them…

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Lack of employee flexibility to attend healthcare appointments during work hours has knock-on health impacts

Anna Wilding, Research Fellow in Health Economics at The University of Manchester, said: “Working full time presents challenges for many workers whose jobs don’t offer the flexibility needed to take time away to attend healthcare appointments. This has significant implications for early diagnosis and management of long-term conditions.“The findings of our research make it clear that population health could be significantly improved by removing barriers during typical working hours to…

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Pressed by Sanctions: Western Coercion and the Future of Russian–Serbian Relations

Belgrade’s reluctant move to comply with American sanctions and force Russia out of its energy industry exposes the real limits of national sovereignty in a world where the United States is asserting its will with increasing disregard for established norms and rules, writes Milan Lazović, Programme Manager at the Russian International Affairs Council The fate of the Serbian company Naftna Industrija Srbije (NIS) already turned into an extremely complex political…

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DOJ Reports Record $6.8 Billion in False Claims Act Recoveries for FY 2025

The U.S. Department of Justice (“DOJ”) has released its annual statistics on enforcement under the federal False Claims Act (“FCA”), reporting more than $6.8 billion in settlements and judgments for fiscal year (“FY”) 2025, the largest single‑year recovery in the statute’s history. The report reflects record whistleblower activity, the continued dominance of health care enforcement, and DOJ’s expanding use of the FCA in procurement, cybersecurity, pandemic relief, and trade matters.…

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Indefinite Leave and Remote Work? When Accommodations Are Not Reasonable

Quick Hits The U.S. Court of Appeals for the Fourth Circuit provided guidance in a recent unpublished opinion on leave and remote work as reasonable accommodations under the ADA and West Virginia Human Rights Act. Indefinite leave is not a reasonable accommodation as a matter of law. Remote work is not a reasonable accommodation for an employee who is receiving short-term disability insurance benefits, which typically are awarded only when…

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From mineral tenures to nuclear projects: The evolving role of UNDRIP in Canadian domestic law

In 2025, both the B.C. Court of Appeal and the Federal Court of Canada issued significant decisions that speak to the role of the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP) in interpreting and applying provincial and federal laws. Although subject to appeal, the decisions have immediate and far-reaching consequences for Indigenous peoples, project proponents, and governments. Key takeaways UNDRIP is now part of Canadian law as an…

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The Valdai Club and the Vivekananda Foundation to Hold the Third Russian-Indian Conference

The Valdai Discussion Club’s Russian-Indian conference, titled “India and Russia in the Changing Global Order: Strategic Autonomy, Security, and Partnership in the 21st Century,” will be held in New Delhi on February 4. The conference is co-organized by the Club’s Indian partner, the Vivekananda International Foundation. This is the Club’s third annual Russian-Indian conference. Since its inception, it has become a platform for in-depth intellectual exchange, allowing experts to discuss…

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Jumping giants: Fossils show giant prehistoric kangaroos could still hop

The team examined two potential limiting factors for hopping - the strength of the foot bones and the ability of the ankle to anchor the powerful tendons that drive a hop.Their analysis show that the giant kangaroos had shorter, thicker foot bones capable of withstanding landing forces and their heel bones were broad enough to support much thicker ankle tendons than those of modern kangaroos.However, these giants probably did not…

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Russia’s CIS Policy: Reset or Fine-Tuning?

On January 22, a discussion titled “Russia’s Policy in the CIS: Is a Reset Needed?” took place at the Moscow venue of the Valdai Club. The moderator, Timofei Bordachev, stressed that the CIS—Russia’s immediate neighbourhood—continues to be the most important direction of Russian foreign policy, as it remains linked to the security of the Russian Federation and the implementation of its long-term development plans. He invited participants to discuss whether…

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Will Banning Corporate Homebuyers Make Housing More Affordable?

The Trump administration has issued an executive order limiting the purchase of single-family houses by large institutional investors. What’s the role of such investors in the housing market?When people discuss institutional investors in the housing market, they typically refer to companies with a large portfolio of single-family homes (SFHs) purchased to rent out to tenants. Right now, the “big three” in this space are Invitation Homes (formerly owned by Blackstone),…

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Jonathan Cohn: Health Policy in the Age of MAHA

Transcript Harlan Krumholz: Welcome to Health & Veritas. I’m Harlan Krumholz.Howard Forman: And I’m Howie Forman. We’re physicians and professors at Yale University. We’re trying to get closer to the truth about health and healthcare. Our guest today is Jonathan Cohn of The Bulwark. But first, we like to check in on current or hot topics in health and healthcare. What do you have today, Harlan?Harlan Krumholz: Yeah, thanks, Howie.…

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New Jersey Expands Labor Protections to Cannabis Employees

On January 12, 2026, New Jersey Governor Phil Murphy signed Assembly Bill 4182 amending key sections of the New Jersey Employer-Employee Relations Act (NJEERA). Originally enacted in 1968, NJEERA governs labor relations in the state’s public sector and established the Public Employment Relations Commission (PERC) to oversee collective bargaining and dispute resolution for public employees. This new legislation, which contains multiple pages of additional text, (1) implements a significant shift…

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Governor Hochul Signs Bill Greatly Restricting Use of Consumer Credit History in Employment Decisions

Quick Hits On December 19, 2025, Governor Hochul signed into law legislation amending New York’s General Business Law to restrict the use of an applicant’s/employee’s credit history in employment decisions, effective April 28, 2026. The new law prohibits employers from requesting or using credit reports for employees or job applicants unless they fall into specific exceptions, such as certain positions that will have regular access to trade secrets, and positions…

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Easing Restrictions on Trade in Services for Regulated Professions in Canada

Quick Hits Workers in certain certified professions in Canada can now more easily obtain authorization to work in other jurisdictions. Labour mobility between the provinces and territories, and at the federal level, has reduced red-tape barriers to help qualified professionals work outside the province where they are licensed or regulated. These changes make it easier for employers to reach a larger labour pool while reducing delays and paperwork. Federal—Free Trade…

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Innovating for Profit and Purpose

Collection No. 11 To confront pressing societal challenges, we need businesses focused on new ideas and new solutions—and old ideas executed in new ways. We talked with Yale SOM faculty and alumni about pushing limits, taking disciplined risks, and developing resilient ventures while sustaining a dual commitment to profit and purpose. Illustration by Eva Bee. Published January 21, 2026 ‘Tough Tech’ Requires a Different Kind of Venture Capital Katie Rae…

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How Do Impact Investors Know If They Are Having an Impact?

What is impact investing, and how does it differ from regular investing?Impact investing is about having an investment strategy that seeks to generate positive, measurable social or environmental outcomes. It seeks to create those returns across a spectrum: financial gain is part of it, on the investing side, and then the other part of it is purposeful, positive impact. That can encompass a whole set of things, ranging from climate…

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Anti-Hegemonism and the Dynamics of Relations in the Russia-India-China Triangle

Russia—for which constructing a stable security order in Eurasia remains the overriding priority—is uniquely positioned to serve as a catalyst for understanding between Beijing and New Delhi, both in bilateral conversations and through multilateral platforms, writes Valdai Club Programme Director Anton Bespalov.  The past year has witnessed a notable thaw in relations between Eurasia’s two largest powers—China and India. The process symbolically began with Xi Jinping and Narendra Modi’s meeting…

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New study finds that ChatGPT amplifies global inequalities

The study, The Silicon Gaze: A typology of biases and inequality in LLMs through the lens of place, by Francisco W. Kerche, Professor Matthew Zook and Professor Mark Graham, published in Platforms and Society on Tuesday 20th January, analysed over 20 million ChatGPT queries.  When AI learns from biased data, it amplifies those biases further and can broadcast them at scale.  That is why we need more transparency and more independent scrutiny of how these systems make claims about people and places,…

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Oxford team engineer quantum-enabled proteins, opening a new frontier in biotechnology

What blows me away is the power of evolution: we don’t yet know how to design a really good biological quantum sensor from scratch, but by carefully steering the evolutionary process in bacteria, Nature found a way for us.First author Gabriel Abrahams, Department of Engineering ScienceIn the study, the researchers created a new class of biomolecules called magneto-sensitive fluorescent proteins (or MFPs), that can interact with magnetic fields and radio…

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Trump’s Anniversary in Office and the Nobel Peace Prize

January 20th is a symbolically interesting date. US President Donald Trump has been in office for a year now. It's time to take stock. In this year, he has accomplished (and some might say "wrecked") more than many American presidents have accomplished in their entire terms. He has radically changed the parameters of global politics, breaking traditional intra-Western alliances, writes Oleg Barabanov. February will bring another symbolic date. According to…

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The messenger matters in monetary policy communication

19 January 2026By Alena WabitschIn 2025 Alena Wabitsch won the ECB’s Young Economist Prize with the research highlighted in this blog post. Applications for the 2026 Prize will be open soon. For more details, go to the dedicated webpage.The way central banks communicate has a profound impact on how people perceive monetary policy. But who delivers messages also matters. This ECB Blog post explains how the messenger can affect both the reach…

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World-first AI partnership between The University of Manchester and Microsoft announced

The Microsoft 365 Copilot rollout, to be completed by summer 2026, will equip Manchester students with future-ready skills and enable researchers to accelerate interdisciplinary discovery and analysis at scale.   Through access and training, Manchester graduates will be well prepared for the modern workplace, where employers increasingly expect graduates to be confident users of AI technologies. Students will also be able to use Microsoft 365 Copilot to support their studies in line with the University’s policies on the…

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FAA Governs Arbitration Agreements When Parties Expressly Agree

Seyfarth Synopsis: The California Court of Appeal rejected the argument that the Federal Arbitration Act (FAA) cannot apply absent evidence of interstate commerce, emphasizing that arbitration under the FAA is a matter of consent. Thus, the Court affirmed that an arbitration agreement is governed by the FAA when the parties expressly agree to its application. Tuufuli v. West Coast Dental Administrative Services, LLC, 2nd Appellate District, Case No. B338584. The…

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FTC Announces Hart-Scott-Rodino Act Thresholds and Filing Fees for 2026

On January 14, 2026, the Federal Trade Commission (FTC) announced that the 2026 threshold for applying the size-of-parties test of the Hart-Scott-Rodino (HSR) Act will increase from $126.4 million to $133.9 million. Deals that exceed this $133.9 million threshold may need to be reported to the FTC and U.S. Department of Justice (DOJ) depending on the size of the parties to the transaction as measured by the volume of their…

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California Civil Rights Department Previews 2025 Pay Data Reporting Templates

Quick Hits The California Civil Rights Department’s preliminary pay data reporting templates for the 2025 pay reporting cycle show three new columns on both the payroll employee and the labor contractor employee reports: (1) Exemption Status; (2) Employment Type; and (3) Total Annual Weeks Worked. The preliminary templates show that these new columns are not required fields for the 2025 pay data reporting. The preliminary templates and FAQs are subject…

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Announcing the YC AI Student Starter Pack

This year, YC has partnered with nearly two dozen companies to offer students who attend YC events a suite of free credits for AI devtools.The YC AI Student Starter Pack includes over $20,000 in cloud credits on Azure and AWS, over $5,000 in credits for GPT/Claude/Grok, and generous credits for AI devtools in voice, browser automation, web search, video generation, databases, web crawling, and more. We’re especially happy that 14…

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