in belfast, to mark the 25th anniversary of the good friday agreement, and to show america s commitment to the peace process. twitter owner elon musk, one of the world s richest men, gives a rare exclusive interview to the bbc where he admits to mistakes when buying the social media giant twitter. this the pain level of twitter has been extremely high. it hasn t been some sort of party. so, it s been really quite a stressful situation. could there be good news on the way for homeowners? after a sharp surge in interest rates, the world s bigggest financial institution says they will come down but don t say when. what does that mean if you are a borrower and a homeowner? i take a look. in sport, a masterclass in manchester as city thrash bayern munich to take a huge step towards the champions league semifinals. another wet and windy day today, the strongest winds will be in the west and south and north east scotland, gales and severe gales at times, which could lead to some dis
To develop ai systems responsibly. They include google, amazon, meta, microsoft and openai. Joining us now is Bbc Technology journalist chris vallance, whos in our edinburgh studio. Tell us a bit more about this agreement . The summit is a follow up to the summit in november at Bletchley Park, and its aim essentially is to continue that work. It is a two day summit, the start of it virtually attended by Prime Minister rishi sunak and his south korean counterpart. The second day brings together digital ministers, and they will look at a range of issues including things like the Environmental Impact of ai, issues of bias, the impact onjobs, which is interesting because the focus on the Bletchley Park summit was the catastrophic scenarios. Those particular items on the agenda much more here and now concerns. Broadly, thatis more here and now concerns. Broadly, that is what the summit is hoping to achieve. There was talk about it possibly being lacklustre and so much surprise when this mor
For the Us Government to borrow money for 30 years. The big spike at the end is the concern. That is the cost of borrowing over 30 years. The Us Government is being forced to pay more as investors worry they will lose out when compared to the returns they can get from those higher Interest Rates. Its a similar story in the uk where like other governments there will be concern in the corridors of power that it costs more to pay off the National Debt and so there is less cash for other things. Simon french is Chief Economist at the uk Investment Bank Panmure Gordon and i asked him to explain to me what is going on. Your summary was pretty accurate. The higher for longer Interest Rate environment is spooking investors who have been for at least 15 years of the view that Central Banks have their back in terms of keeping Interest Rates low, but also buying Government Debt, quantitative easing, money printing, which many viewers have been familiar with over the last 15 years, has gone into r