China growth beats forecasts even as US tariff fears mount
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The Independent
34 minutes ago
- The Independent
Google partners with Youngkin and offers AI training courses to Virginia job seekers
Republican Gov. Glenn Youngkin announced on Tuesday that Google will partner with his administration to provide free and low-cost artificial intelligence certification courses to Virginians as part of his office's ongoing effort to connect citizens to new jobs amid changes to the state's economy. The partnership, which he has described as an AI career launchpad, will provide Google-sponsored AI training courses for up to 10,000 Virginians at any given time, officials said at Google's office in the northern part of the state. The training opportunities will be listed on a job website that Youngkin launched earlier this year, in response to significant layoffs among federal workers by the Trump administration, including many workers from Virginia. 'All fields, all career movements somewhere along the way, are going to incorporate this next generation of technology,' Youngkin said at the news conference. The initiative comes with unemployment rising in Virginia, which has roughly 20,400 continued unemployment claims, state Secretary of Labor George' Bryan' Slater said after the news conference. Roughly 2,800 people initially filed unemployment claims during the first week of July, which is about 6.1 percent higher than the previous week. The AI webpage will feature the free courses as well as some low-cost learning opportunities, ranging 'from beginner friendly courses on AI fundamentals and practical workplace applications of artificial intelligence to bootcamps and degree programs offered by Virginia's leading-edge community colleges and universities,' according to the governor's office. Nicole Overley, commissioner of Virginia Works, said businesses have told her office that AI proficiency has become increasingly necessary in their industries. She said the training would help Virginians become competitive in the job markets where these very businesses are hiring. Overly confirmed that the training courses won't cost taxpayers anything and are being donated by Google. Bronagh Friel, head of partnerships at Google, said she was proud of the collaboration with the state. 'Google is committed to championing economic growth and opportunity in Virginia,' she said. ___ Olivia Diaz is a corps member for The Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues.
The Guardian
an hour ago
- The Guardian
Australia news live: Australia-China relations have recovered from low point, says Li
Update: Date: 2025-07-15T20:39:23.000Z Title: China hails Albanese's 'personal efforts' to restore ties Content: Relations between China and Australia reached a 'low point' but are back on track under Anthony Albanese's leadership, the Chinese premier, Li Qiang, said last night after the pair met in the Great Hall of the People in Beijing. China's premier congratulated Albanese on his re-election, Australian Associated Press reports, and for his 'personal efforts' to stabilise the China-Australia relationship, which soured under the former Liberal government during the Covid pandemic. 'China-Australia relations have moved beyond a low point and returned to the right track of stability and development,' Li said. Since the pair last met in October last year 'a lot has happened in the world', Li said, and there was growing instability and uncertainty in the global economy. 'The development of all countries is faced with new challenges. Given such circumstances, China and Australia as important trade partners, should strengthen dialogue and cooperation,' he said. Albanese said he looked forward to the two nations exploring new opportunities in trade, climate change, tourism and culture. 'We'll also have an opportunity to have a frank and open dialogue that enables us to navigate issues that need to be discussed,' he said. For more on Albanese's visit and his meeting with Xi Jinping yesterday, check out Tom McIlroy's report here: Update: Date: 2025-07-15T20:37:10.000Z Title: Welcome Content: Good morning and welcome to our live news blog. I'm Martin Farrer with the stories making the news this morning and then it'll be Nick Visser to take the controls. China's premier, Li Qiang, last night hailed Anthony Albanese for his 'personal efforts' to stabilise the China-Australia relationship, which went south under Scott Morrison's leadership and the Covid pandemic. After a meeting in the Great Hall of the People wrapped up a busy day of diplomacy for Albanese, Li said relations had 'moved beyond a low point'. More coming up. As Albanese continues with his diplomatic offensive in China, the shadow defence minister, Angus Taylor, told ABC's 7.30 that he believes the prime minister should be making more progress on shoring up Australia's relations with the US. Taylor said the reset of relations with Washington should include a deal to protect Taiwan – despite the problems that it might pose with China. More coming up.
Telegraph
2 hours ago
- Telegraph
Bank of England chief attacks ‘dangerous' Trump tariff war
Andrew Bailey has warned against 'dangerous' US tariffs, urging governments around the world to address global trade imbalances without hammering growth. On Tuesday, the Bank of England Governor warned Donald Trump not to use tariffs on imports as a way to tackle America's trade deficit, and instead called on the US, China and others to fix their own economies first before targetting trade partners overseas. 'There is ... a common interest globally in tackling excess imbalances before dangerous levels of trade restrictions come into play, and before we face the prospect of difficult adjustment with macroeconomic volatility and financial instability,' Mr Bailey told an audience of financiers in his speech at the Mansion House, in the City of London. 'Increasing tariffs creates the risk of fragmenting the world economy, and thereby reducing activity.' His warning comes after the 90-day pause on the so-called 'liberation day' tariffs came to an end, leaving countries without their own trade deal facing a sharp rise in taxes on goods sold into America. Britain struck a deal with Mr Trump to limit the pain of the levies, but the EU did not – leaving American customers of the bloc's exporters facing a 30pc tax on goods. Brussels is threatening retaliation. Officials have compiled a list of €72bn (£62bn) worth of American imports to target with their own border taxes, on top of the previous €21.5bn of tariffs in response to Mr Trump's earlier assault on imported steel and cars. Mr Trump's tariffs are aimed at bringing down America's trade deficit, as the country's imports of goods vastly outweigh its exports, a state of affairs which the President argues has undermined manufacturing jobs and economic growth. China is a particularly big exporter of goods to the US. Mr Bailey said there are steps the US and China could take with their domestic economies to reduce the imbalance without resorting to a trade war. 'The US does need to explain how it can regard its internal imbalance as sustainable and its external imbalance as not so, and how it envisages the internal balance responding to an adjustment of the external balance flowing from tariffs taking effect,' he said. 'And China needs to explain how it will tackle its persistently weak domestic consumption.' At the same time, the Governor proposed his own 'deliberately modest' reforms to the global economy to fix the problem without taxes on trade, focused on beefing up the International Monetary Fund (IMF) and the World Trade Organisation (WTO). This should include stronger 'assessment of the implications of excess imbalances, including greater focus on spillovers, and greater depth of trade analysis', as well as giving the warnings 'more bite' by including them prominently in the IMF's headline assessments of each country's economy. Mr Bailey also warned that countries running large deficits also face dangers if they do not address the issues. 'Deficit countries have historically faced far more pressure to correct excess current account balances than surplus countries. This typically takes the form of financial market pressure,' he said. 'It is very hard to judge the limits of sustainability. We have seen market disturbance this year. We have to be highly alert to financial stability risks – something that I can assure you we are following closely.'
