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Recent Editions

North America
Human Times
In California, a new bill, the “No Robo Bosses Act” (Senate Bill 7), aims to regulate the use of artificial intelligence in hiring and employee management. Introduced by state Sen. Jerry McNerney, the bill seeks to ensure human oversight in automated decision-making processes. “When it comes to people's lives and their careers, you don't want these automated decision-making systems to operate without any oversight,” McNerney said. If passed, it would prevent employers from relying primarily on AI for promotions, discipline, or terminations. The bill has faced opposition from the California Chamber of Commerce, which argues that its requirements are impractical. The legislation is part of a broader discussion on the need for accountability in AI technologies, especially as they become more prevalent in the workplace.
Full Issue
UK
Human Times
Sir Keir Starmer is to unveil a decade-long industrial strategy aimed at revitalising the UK economy and reducing dependence on foreign workers. The plan includes a £275m investment in skills training for Britons in growth sectors such as defence, engineering, digital, and construction. "Our modern industrial strategy will be powered by investing in British people," Business Secretary Jonathan Reynolds said. "It will help transform our skills system to end the overreliance on foreign labour, and ensure British workers can secure good, well-paid jobs in the industries of tomorrow and drive growth and investment right across the country." The government anticipates that the identified growth sectors will generate 1.1m new jobs by 2035.
Full Issue
USA
Education Slice
A panel of three federal appellate judges has declared a Louisiana law mandating the posting of the Ten Commandments in public school classrooms unconstitutional. The ruling, which is being seen as a significant victory for civil liberties advocates, emphasizes that the law infringes on the separation of church and state, potentially alienating non-Christian students. The law, supported by Republicans including President Donald Trump, was challenged by parents from diverse religious backgrounds who argued it violated the First Amendment. The 5th U.S. Circuit Court of Appeals upheld a previous decision by U.S. District Judge John deGravelles, who stated that the mandate should not be enforced. Legal experts anticipate that this case may reach the U.S. Supreme Court, testing the boundaries of religion in government.
Full Issue
USA
Accountancy Slice
Accenture has reported a second straight drop in quarterly new bookings, citing a wariness among corporations to hire consultants. Consulting and IT firms are under pressure as U.S. tariffs and accompanying economic uncertainty force companies to rethink their spending plans. Books fell 6% to $19.7bn in the third quarter, missing the Visible Alpha estimate of $21.54bn. Additionally, said chief financial officer Angie Park, slower government spending will have an impact of 2% on its fiscal fourth-quarter and annual revenue, after recording an "immaterial" hit in the last quarter. Revenues for the third quarter ended May 31st came in at $17.7bn, beating analysts' average estimate of $17.30bn, according to data compiled by LSEG. Net income totalled approximately $2.2bn, or $3.49 per share, up from $1.93bn in the prior-year period. Separately, the New York company said it planned to bring its strategy, consulting, song, technology and operations services into a single unit called reinvention services. Accenture said it will continue to manage its business through three geographic markets – the Americas, EMEA and Asia-Pacific and go to market by industry. John Walsh, Accenture’s current global chief operating officer, will become chief executive of the Americas.
Full Issue
Scotland
Legal Matters Scotland
The number of solicitors registered to provide legal aid in Scotland has decreased by over 12% in three years, with only 1,122 solicitors currently registered for criminal and children's cases. A Freedom of Information request by The Herald revealed a consistent decline over the past four years. Simon Brown, president of the Scottish Solicitors Bar Association, commented: "Our numbers have been decimated in recent years," highlighting concerns about the ageing solicitor workforce, with around 60% over 55 years old. The Law Society of Scotland's president, Pat Thom, expressed alarm over the findings, stating: "These figures show why we have an access to justice crisis in Scotland." Despite a steady number of legal aid applications, the decline in solicitors poses significant challenges for vulnerable individuals seeking legal support. The Scottish Government has acknowledged the issue but faces criticism for insufficient action to address the crisis.
Full Issue
North America
Legal Slice
Members of Congress in both parties have questioned the legality of President Trump’s military strikes on Iran. At least two GOP lawmakers joined Democrats to suggest it was unconstitutional for him to bomb Iran without approval from Congress. “While President Trump’s decision may prove just, it’s hard to conceive a rationale that’s Constitutional,” Rep. Warren Davidson, R-Ohio, who typically aligns with Trump, wrote on X. Rep. Sean Casten, D-Ill., wrote on social media: “This is not about the merits of Iran’s nuclear program. No president has the authority to bomb another country that does not pose an imminent threat to the U.S. without the approval of Congress. This is an unambiguous impeachable offense.” House Speaker Mike Johnson, R-La., said Trump respects the Constitution. “The President fully respects the Article I power of Congress, and [the] necessary, limited, and targeted strike follows the history and tradition of similar military actions under presidents of both parties,” Johnson said in a statement.
Full Issue
Europe
Risk Channel
European Central Bank President Christine Lagarde has called on European lawmakers to expedite the legislation necessary for the launch of a digital euro. Speaking to the European Parliament, she stressed that a "legislative framework to pave the way for the potential introduction of a digital euro should be put in place rapidly." The ECB has been developing the digital currency, which would serve as an online wallet for euro area residents, but progress has stalled due to legislative hurdles. It sees the digital euro as a response to U.S. President Donald Trump's push to promote stablecoins, a type of cryptocurrency typically pegged to the dollar, which Lagarde has said poses "risks for monetary policy and financial stability" because they could lure deposits away from banks and don't always maintain their fixed value.
Full Issue
North America
CFO Slice
Accenture has reported a second straight drop in quarterly new bookings, citing a wariness among corporations to hire consultants. Consulting and IT firms are under pressure as U.S. tariffs and accompanying economic uncertainty force companies to rethink their spending plans. Books fell 6% to $19.7bn in the third quarter, missing the Visible Alpha estimate of $21.54bn. Additionally, said chief financial officer Angie Park, slower government spending will have an impact of 2% on its fiscal fourth-quarter and annual revenue, after recording an "immaterial" hit in the last quarter. Revenues for the third quarter ended May 31st came in at $17.7bn, beating analysts' average estimate of $17.30bn, according to data compiled by LSEG. Net income totalled approximately $2.2bn, or $3.49 per share, up from $1.93bn in the prior-year period. Separately, the New York company said it planned to bring its strategy, consulting, song, technology and operations services into a single unit called reinvention services. Accenture said it will continue to manage its business through three geographic markets – the Americas, EMEA and Asia-Pacific and go to market by industry. John Walsh, Accenture’s current global chief operating officer, will become chief executive of the Americas.
Full Issue