UAE vows ‘responsible’ artificial intelligence rollout

• "We are looking at AI as a tool," he told AFP in an interview in Dubai. "It's a tool that we need to use to unleash the quality of life aspect."
• The UAE also calls AI "machine intelligence", defining it as a branch of technology enabling systems to "think, learn, and make decisions like humans."

Alphabet Q1 profit slips

• Alphabet reported net income of $16.4 billion in the first quarter of the current year
• Its revenue climbed 23 percent to $68 billion compared to the same period last year

Two Iranian students jailed for 16 years on sabotage charges

• Local media named them as Ali Younessi and Amir-Hossein Moradi of Tehran's Sharif University of Technology.
• In May 2020, the judiciary said the pair were accused of having been in contact with "counter-revolutionary groups".

Erdogan to visit Saudi on Thursday, ending rift over Khashoggi killing

• Turkey infuriated Riyadh by pressing ahead with an investigation into the murder, which Erdogan said was ordered at the "highest levels" of the Saudi government.
• Ties between the two regional powers  sharply deteriorated and Saudi Arabia unofficially tried to put pressure on Turkey's economy and boycott key Turkish imports.

Coal still the fossil fuel most responsible for global warming: Report

• Since the 195-nation Paris treaty was inked in 2015, coal power capacity under construction or slated for development has dropped by three-quarter.
• Globally, there are more than 2,400 coal-fired power plants operating in 79 countries, with a total capacity of 2,100 GW.

Turkish court jails Erdogan critic Kavala for life

HSBC Q1 pretax profits down 30%

• Tuesday's results of London-based HSBC were published against the backdrop of Russia’s invasion of Ukraine
• The bank said the war was exacerbating inflationary pressures and contributing to higher ECL charges

China expands mass testing as lockdown fears grow

• China is struggling with a new wave coronavirus infections, and it reported 52 new Covid deaths on Tuesday
• Officials ordered people in 12 central districts to undergo three rounds of PCR testing

Russia warns of WW3 as West plans more arms for Ukraine

• Russia’s invasion of Ukraine has triggered an outburst of support from Western nations that has seen weapons pour into the country
• But Western powers have been reluctant to deepen their involvement, for fear of sparking a conflict against nuclear-armed Russia

Asia facing ‘stagflationary outlook’ amid Ukraine war: IMF

• The regional outlook, which follows the World Economic Outlook released last week, shows the growth forecast for Asia cut to 4.9 per cent
• Inflation is now expected to rise 3.2 per cent this year, a full point higher than expected in January