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Europe Has 'Maybe 6 Weeks of Jet Fuel Left'

3 months 1 week ago
The head of the International Energy Agency warned that Europe may have only "six weeks or so" of jet fuel left if oil supplies remain blocked by the Iran war and the Strait of Hormuz stays disrupted. The Associated Press reports: IEA Executive Director Fatih Birol painted a sobering picture of the global repercussions of what he called "the largest energy crisis we have ever faced," stemming from the pinch-off of oil, gas and other vital supplies through the Strait of Hormuz. "In the past there was a group called 'Dire Straits.' It's a dire strait now, and it is going to have major implications for the global economy. And the longer it goes, the worse it will be for the economic growth and inflation around the world," he told The Associated Press. The impact will be "higher petrol (gasoline) prices, higher gas prices, high electricity prices," said Birol, speaking in his Paris office looking out over the Eiffel Tower. Economic pain will be felt unevenly and "the countries who will suffer the most will not be those whose voice are heard a lot. It will be mainly the developing countries. Poorer countries in Asia, in Africa and in Latin America," said the Turkish economist and energy expert who has led the IEA since 2015. But without a settlement of the Iran war that permanently reopens the Strait of Hormuz, "Everybody is going to suffer," he added. "Some countries may be richer than the others. Some countries may have more energy than the others, but no country, no country is immune to this crisis," he said.

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Google, Pentagon Discuss Classified AI Deal

3 months 1 week ago
An anonymous reader quotes a report from Reuters: Alphabet's Google is negotiating an agreement with the Department of Defense that would allow the Pentagon to deploy its Gemini AI models in classified settings, the Information reported on Thursday, citing two people with direct knowledge of the discussions. The two parties are discussing an agreement that would allow the Pentagon to use Google's AI for all lawful uses, according to the report. During the negotiations, Google has proposed additional language in its contract with the department to prevent its AI from being used for domestic mass surveillance or autonomous weapons without appropriate human control, the Information reported. The Pentagon will continue to deploy frontier AI capabilities through strong industry partnerships across all classification levels, a Pentagon official said, without confirming any talks with Google.

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North Korea targets macOS users in latest heist

3 months 1 week ago
Social engineering: 'low-cost, hard to patch, and scales well'

North Korean criminals set on stealing Apple users' credentials and cryptocurrency are using a combination of social engineering and a fake Zoom software update to trick people into manually running malware on their own computers, according to Microsoft.…

Jessica Lyons