Hard Numbers: BoE warns of recession, Joseph Stalin arrested, cops charged in Breonna Taylor death, Kenyan women lawmakers targeted

BoE warns of recession, Joseph Stalin arrested, cops charged in Breonna Taylor death, Kenyan women lawmakers targeted
Plastic letters arranged to read "Inflation" are placed on British Pound banknote
Reuters

27: The Bank of England raised interest rates by 50 basis points on Thursday, its biggest hike in 27 years, and the bank warned that inflation will likely peak at a staggering 13.3% this fall with a drawn-out recession being all but inevitable.

50: Sri Lankan authorities are cracking down hard on protesters demonstrating against the country’s recent economic collapse. Joseph Stalin, a protest leader, was arrested this week for participating in a demonstration in May that marked 50 days since the launch of the mass protest movement, referred to as “the struggle.”

4: Four people – three US police officers and one former officer – have been charged with the 2020 death of Breonna Taylor at her apartment in Louisville, Kentucky. Taylor’s death sparked mass protests over the use of no-knock warrants by law enforcement and broader racial injustice.

12: When Kenyans head to the polls on Sunday to elect a new parliament and president, less than 12% of candidates they have to choose from will be women. Female candidates are facing a flood of online abuse ahead of the vote. In 2018, Kenyan politicians boycotted a parliamentary vote that would have guaranteed women one third of all parliamentary seats.

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At the 2025 Abu Dhabi Global AI Summit, UNCTAD Secretary-General Rebeca Grynspan warns that without deliberate action, the world’s poorest countries risk exclusion from the AI revolution. “There is no way that trickle down will make the trick,” she tells GZERO Media’s Tony Maciulis. “We have to think about inclusion by design."

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In this Global Stage panel recorded live in Abu Dhabi, Becky Anderson (CNN) leads a candid discussion on how to close that gap with Brad Smith (Vice Chair & President, Microsoft), Peng Xiao (CEO, G42), Ian Bremmer (President & Founder, Eurasia Group and GZERO Media), and Baroness Joanna Shields (Executive Chair, Responsible AI Future Foundation).