AI's doomsday warning, Houthi's Red Sea advance and Missouri's midterm map (Update)

0:00Hi, I'm Carmel Crimson London. And I'm Christopher Walgesper in Chicago. Today, Yemen's Iran-backed Houthis take control of a key Red Sea port city. Will AI kill us all? A warning from inside the tech industry. Trump offers Americans a $5,000 payout if Republicans win the midterms. And we take a look at Apple's new foldable iPhone. This is Reuters World News, bringing you everything you need to know from the front lines in 10 minutes, seven days a week. Iran-backed Houthi forces have seized Yemen's port city of Mocha, giving them greater control over the Bob El Mandeb straight in the Red Sea. They've also launched attacks on the strategic islands of Hanish. The straight is a critical choke point for global shipping. Houthi control could give Iran a critical advantage in the war with the United States,

1:04adding even more upward pressure on oil prices that have topped $105 a barrel. High energy prices have contributed to the European Central Bank's decision to raise its key rate to 2.5%. The move by the ECB is an attempt to tamp down inflation that's been largely driven by the widening conflict between the US and Iran. Both the US Federal Reserve and the Bank of Japan will be considering rate moves next week. The ECB also says inflation could average 3% this year and 2.5% in 2027. Recent growth data shows the Eurozone block is holding up better than anticipated, despite higher fuel costs. Researchers at AI Giant Anthropic are warning that artificial intelligence could wipe out humanity within the decade, with one resigning over it, saying the companies building this tech are gambling with our lives. Mike Dolan from our sister podcast MorningBid has more.

2:09Will AI kill us all? I don't think anybody in financial markets can price the end of humanity. But what these apocalyptic warnings do point to, and I think we have seen many this year, including in the spring, about mass depression and mass unemployment, and again, subsequently about the wipe out of entire financial sectors. These warnings recur, but they point overwhelmingly to regulation of this new technology. This is the real impact that can potentially be priced, although in this geopolitical climate, it's hard to imagine any joins up thinking on regulation of something that is a global transformation. I will issue a dividend to every adult citizen in the United States of America for $5,000. US President Donald Trump making an extraordinary pitch at the Republicans' first ever midterm convention in Dallas, a $5,000 Trump dividend if the Republicans keep control of Congress

3:14in November's midterm elections. Very much like a successful company will do a cash distribution to a shareholders. It's not clear how any such payout would work, or if it's even legal. With approximately 270 million US adults, the idea would cost over $1 trillion. Republicans are hoping the convention will energize voters ahead of November. Democratic Senator John Fetterman, who has increasingly broken with his party, made a surprise video appearance at the event. With polls showing Democrats more motivated to vote, Republicans are banking on Trump to energize their base, despite voter anxiety about inflation and the Iran war. But the strategy has its skeptics. Mani Republicans and competitive races skipping the event, worry that Trump's brand may not be enough. Reporter Nandita Bose is in Dallas. It has been really interesting, speaking to folks here. A lot of people are concerned about, high gas prices. They are concerned about the cost of living. But somehow,

4:18they do not wish to tie that to President Trump. When they speak about their economic anxieties, they are not taking that back to the president. And they want the war to end. They're bringing up Iran in conversations and how that has impacted the cost of goods and groceries and, first, energy prices. But somehow, they're not taking that back to the president of the United States. So, we'll see, you know, we're going to do more interviews and talk to people to see, you know, who is it really they think is responsible for the war and for energy prices. But people here are really not tying a lot of what we're seeing in terms of economic concerns to the president. Now, the president's journey to Dallas didn't go exactly to plan. An emergency slide on Air Force 1 accidentally deployed before he boarded, briefly delaying his departure. He flew on the Boeing 747 gifted by Qatar, telling reporters he was confident the plane was safe or he wouldn't have used it.

5:25Staying in Texas now, a late-night host Jimmy Kimmel says his interview with Texas Democrat and Senate candidate James Talleriko won't air on ABC's network TV Thursday as originally planned. He's citing threats from the Federal Communications Commission as to why the interview will only air on YouTube. In January, the FCC ruled that talk shows are no longer exempt from equal time rules for political candidates. That's a decades-old standard that would require Kimmel to give air time to Texas Attorney General Ken Paxton as well. Paxton's running against Talleriko in a race that could help decide control of the Senate, ABC and the FCC have declined to comment. Now, the convention was definitely not the biggest event on Primetime TV last night.

6:26That honor went to the NFL, where the Seahawks beat the New England Patriots in the season's first match-up. Tough competition for the Republicans. But perhaps the busiest event of the day belonged to Apple, the iPhone maker revealing its latest phone and it folds. The duo, its first ever foldable phone, is a passport-sized device that will retail for $1,999. The launch marks the biggest overhaul of the iPhone since 2007, and it's a big deal for new CEO John Tennis. reporter Steven Nellis was there and got to play around with it. This is going to take Apple to a brand new category. This must have been dominated by Android devices from Samsung, Huawei and others. It's going to cost $2,000 to start and we'll have the biggest screen and most advanced chip of any iPhone. So Apple has done a lot of work to try to fix some things that have been deviled other folding phones in the past. Number one is this hinge. It has to feel smooth and secure hundreds of times a day sometimes and thousands have not millions of

7:26times over the lifetime of the device. Number two is looking at the screen and seeing whether you can see any kind of a crease. Apple's deployed some amazing technology from the chip-making industry to try to minimize what you see there in terms of a crease. Steven says it's also a new showcase for Apple's artificial intelligence offerings. This thing is really optimized for the new series that Apple brought out in the summertime that is hoping that users in the U.S. will die. There's still some key question marks though. The new series will not be available in the EU and it's not going to be available in China. We've been a lot of people wondering how Apple is going to introduce the most important device in a timely way by the end of the suit. The U.S. Supreme Court has blocked Missouri from using a Republican-drawn congressional map in November's midterm elections. The unsigned order offers no explanation and notes no dissents. It comes after a federal judge earlier this week

8:29ordered the opposite that the state must use the new map. Missouri Republicans drew the boundaries last year at President Trump's urging, hoping to flip a Democratic seat and protect their narrow house majority. The new map will now go to Missouri voters as a referendum in November. The Trump administration is proposing changing the census to count only U.S. citizens and permanent residents. It's a move that could dramatically shift political representation and federal funding across the country. The proposal would exclude not just immigrants in the U.S. illegally, but also those in the country legally on a temporary basis and would eliminate some of the questions about race and ethnicity that have been part of the census since 1790. Civil rights advocates warned the changes could leave cities and states with large immigrant populations with insufficient federal aid and representation, calling the potential effects earth shattering. History fans are flocking to London's British Museum today to catch a rare glimpse of

9:3011th century life in the Bayou tapestry. That's a 70-meter-long embroidery depicting the Norman conquest of England. Producer Mario Luiz Gammuccian got a sneak peek at the 1000-year-old artwork before the exhibits opening. It is normally housed in a museum in France, but it arrived on loan in July in an air-conditioned anti-vibration crate scorted by French police until the Euro Tunnel and then handed over to British authorities once had arrived in Britain. Such as the excitement for this exhibition that tickets for a first-face sold out within hours. He just asked for the latest news from Reuters seven days a week.