The UK Plans to Postpone Key Decision on AI-Related Copyright Regulations
On March 7, the Financial Times reported that UK government ministers will delay controversial copyright rule changes—changes that would have made it easier for AI companies to access and use copyrighted media content—amid strong opposition from the creative sector.
A person familiar with the UK government’s response to its two-month public consultation said, “The copyright issue will be put on hold once again.” The consultation sought input on how to regulate AI firms’ access to copyrighted material, with the government’s official response expected within the next two weeks.
Two insiders revealed that public feedback on the consultation did not back any of the government’s proposed plans for AI use of copyrighted content. Ministers have therefore decided to review the plans, gather more evidence, and hold longer consultations on multiple options.
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The US Department of Defense has appointed former DOGE executive Gavin Kliger as Chief Data Officer to lead AI efforts.
On March 7, Reuters reported that the U.S. Department of Defense (DoD) has appointed computer scientist Gavin Kliger as Chief Data Officer. Last year, he assisted billionaire Elon Musk in driving U.S. government reform.
Kliger’s new role “places him at the center of the department’s most ambitious artificial intelligence (AI) initiatives,” with his primary responsibilities including “day-to-day coordination and execution of the DoD’s AI projects, as well as direct collaboration with the U.S. Frontline AI Lab to support warfighters.”
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Trump: Iran Will Face Major Retaliation Today
On March 7th, Trump posted on social media:
“Iran—suffering unprecedented devastation—has apologized to its Middle Eastern neighbors, surrendered, and promised no more attacks on them. This commitment is 100% because of the ruthless attacks by the U.S. and Israel. Iran tried to take over and dominate the Middle East. This is the first time in THOUSANDS of years Iran has been defeated in its fight with neighboring Middle Eastern countries. They say, ‘Thank you, President Trump.’ I say, ‘You’re welcome!’
Iran is no longer the ‘Middle East Bully’—it’s a ‘Middle East Loser’ now. This will last for decades until they surrender… or, more likely, collapse completely. Today, Iran is getting a SEVERE blow! Because of Iran’s vile behavior, regions and peoples that weren’t targets before are now under serious consideration for total destruction and inevitable death.”
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Next Week Macro Outlook: Stagflation Ghost Returns, CPI and PCE Data Become Key Variables
**Market Focus: Iran Uncertainty, Fed Stagflation Risks, Key US/UK Data This Week**
(Updated March 7)
Iran’s worsening situation and lingering uncertainty over its future have fueled intense market volatility this week. Recent data signals the Federal Reserve will need to address rising inflation and weakening employment to curb stagflation risks.
Below are key market-moving events (all times in Beijing Time):
- **Monday 23:00**: US February New York Fed 1-Year Inflation Expectation
- **Wednesday 20:30**: US February non-seasonally adjusted (NSA) CPI YoY, NSA Core CPI YoY; Seasonally adjusted (SA) CPI MoM, SA Core CPI MoM
- **Friday 15:00**: UK January 3-month GDP MoM, Jan Manufacturing/Industrial Production MoM, Jan SA Goods Trade Balance
- **Friday 20:30**: US January Core PCE Price Index YoY/MoM; US Jan Personal Spending MoM; US Q4 Real GDP Annualized QoQ (revised); US Jan Durable Goods Orders MoM
- **Friday 22:00**: US January JOLTs Job Openings; US March 1-Year I
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The Spark project team has transferred 570,000 USDS to a multi-signature address and has repurchased 1,840,000 SPK.
March 7 – Per Ashes Monitor, lending platform Spark has approved an SPK token buyback proposal.
The project team transferred 570,000 USDS to a new multisig wallet two days prior, then launched small, incremental SPK purchases via decentralized exchange CoW Swap’s TWAP (Time-Weighted Average Price) function. To date, 1.84 million SPK (valued at approximately $36,000) have been repurchased.
Spark’s buyback framework earmarks $35 million from its treasury as operational reserves; any surplus funds will be used to repurchase SPK at a 10% monthly rate, with the program set to run for 12 months.
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