💶 Summary On October 23, 2025, the Boards of Directors of the European Investment Bank (EIB) and the European Investment Fund (EIF) approved a sweeping €9.2 billion investment package aimed at strengthening Europe’s infrastructure and social resilience. The funding targets affordable housing, energy security, and child healthcare, while deepening engagement with civil society and global […]
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🎓 Summary In a ceremony held at King’s Inns, Henrietta Street, Dublin, President Michael D. Higgins was appointed an Honorary Bencher, the most prestigious recognition conferred by Ireland’s legal community. The title acknowledges his lifelong commitment to justice, human rights, and constitutional values, and places him among a distinguished group of legal and civic leaders. […]
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Making the financial sector truly work for both women and men will require a systemic shift. This starts with better understanding the underlying norms driving the behavior of all actors, and then designing interventions that can make change happen. Invisible gender-norm-based barriers prevent the financial system from meeting women’s needs at scale. Recent market system gender […]
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🧾 Summary Nigerian fintech Lidya, founded in 2016 to provide collateral-free loans to small businesses, has ceased operations following the resignation of its CEO and CTO, and mounting complaints from customers unable to access their funds. The company’s closure marks a dramatic fall from grace for one of Africa’s early digital lending pioneers. 📉 Leadership […]
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🧠 Summary Meta Platforms has formed a $27 billion joint venture with Blue Owl Capital to develop the Hyperion data center campus in Richland Parish, Louisiana, effectively moving the project off its balance sheet. The deal reflects a growing trend among tech giants to use special purpose vehicles (SPVs) to fund large-scale AI infrastructure without […]
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Earlier today, in federal court in Brooklyn, New York, Abdullah At Taqi, 26, of Queens, was convicted by a jury on all counts of an indictment charging him and co-defendant Mohamad David Hashimi with conspiring and attempting to provide material support to the Islamic State of Iraq and al-Sham (ISIS), a designated foreign terrorist organization, and […]
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As climate events become more frequent and intense, inclusive FSPs are increasingly being asked to conduct Physical Climate Risk Assessments by regulators, investors, and other stakeholders. Physical Climate Risk Assessments (PCRA) quantify how climate-related hazards (like floods, cyclones, or droughts) are likely to impact a financial institution’s portfolio and operations. Physical Climate Risk Assessments […]
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Physical Climate Risk Assessments (PCRA) are an essential tool for financial service providers (FSPs) to quantify and prepare for an increasing range of climate-related threats. Our previous blog outlined three core questions that an FSP should ask before embarking on a PCRA to ensure that it is strategically useful, rather than just a tick-box […]
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Europe Faces Flight Disruptions as Weather and Labor Unrest Hit Major Hubs ✈️ Summary As of October 24, 2025, European airports have reported 269 flight cancellations and over 1,200 delays, with disruptions concentrated in Amsterdam, Brussels, Paris, and Madrid. The primary causes include Storm Benjamin, which has battered northern Europe, and ongoing strike actions affecting […]
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✈️ Summary Flight operations across the United States are experiencing moderate disruption today, with 202 cancellations and 2,032 delays reported nationwide. While airlines such as JetBlue, Alaska, Southwest, Spirit, and American are among those affected, the scale of disruption is significantly lower than some online reports suggest. 📊 Verified Flight Data According to FlightAware, a […]
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