Tuesday, July 18 — 3 significant news stories

Today ChatGPT read 1336 top news stories. After removing previously covered events, there are 3 articles with a significance score over 8.

[8.4] China Evergrande Group reports $81 billion loss, raising concerns about China's property sector — CNBC

China Evergrande Group, the world's most indebted property developer, has reported a combined loss of $81 billion in its long overdue earnings report. The company fell into default in 2021 and has struggled to finish projects and repay suppliers and lenders. Evergrande's massive debt has raised concerns about China's property sector and has led to defaults and abandoned projects across the country.

[8.2] China and Russia begin largest joint naval and air exercise in Sea of Japan — Financial Times

China and Russia have begun their largest joint naval and air exercise, called "Northern/Interaction-2023," in the Sea of Japan. The exercise, which is part of China's regular annual training programme, is seen as a demonstration of the two countries' increasingly close military partnership and their ability to project power against other countries in the region.

[8.0] UK's National Crime Agency warns of AI exacerbating child sexual abuse problem — The Guardian

The National Crime Agency (NCA) in the UK has warned that AI could exacerbate the problem of child sexual abuse, as it estimates that one in every 50 men pose a risk to children. The NCA believes that the rapid development of AI will lead to an increase in fake images of child abuse being circulated online, which could further normalise such behaviour and increase the risk of offenders moving on to sexually abusing children themselves.

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