AI stock values have seen a resurgence following an initial sell-off, which had wiped trillions from market valuations. The rebound indicates a shift in investor sentiment regarding the future of artificial intelligence development after the recent US election.
Rumen Radev's Progressive Bulgaria party has emerged as the frontrunner in Bulgaria's eighth general election in five years, securing 37% of the vote according to exit polls. This outcome, more than double the nearest rival, Boiko Borisov's GERB, places Radev in a strong position, though a coalition will be necessary for governance. Radev, a former president, campaigned on anti-corruption and governmental stability, while also advocating for a pragmatic, less confrontational approach towards Russia.
Senior Iranian lawmaker Ebrahim Azizi has declared that Iran will never relinquish control of the Strait of Hormuz, asserting it as an "inalienable right." A new bill is reportedly being introduced in parliament to formalise this control, citing national security, environmental concerns, and maritime safety. This development emerges following wide-ranging US and Israeli strikes on Iran in February, killing hundreds of civilians, including 110 children at a primary school.
