Paris, 29 June 2025 – In a landmark meeting hosted by the Council of Europe Development Bank (CEB), the Heads of the world’s Multilateral Development Banks (MDBs) have pledged intensified joint action to tackle urgent global development challenges, committing to bold reforms and expanded impact. Amid increasing geopolitical and economic volatility, the Heads reaffirmed their […]
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France has offered to help make food distribution in Gaza safer, following mounting international outrage over the deaths of hundreds of civilians near aid centres in the war-torn territory. French Foreign Minister Jean-Noël Barrot said Paris—and Europe more broadly—“stands ready to contribute to the safety of food distribution” in Gaza. The proposal comes amid growing […]
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A relentless wave of natural disasters is hammering the Australian economy, compounding a global crisis that is far more costly than previously believed. New findings from the United Nations Office for Disaster Risk Reduction (UNDRR) reveal that global disaster-related losses are nearing US$2.3 trillion—more than 11 times earlier estimates. Financial losses from natural catastrophes have […]
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A wave of new bond exchange-traded funds (ETFs) is propelling a fresh surge of investment into China’s high-tech and artificial intelligence sectors, as money managers respond to a growing appetite for yield-bearing assets in the wake of deposit-rate cuts. Ten major Chinese asset managers—including E Fund Management, China Southern Asset Management, and Invesco Great Wall […]
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OMAHA, Neb. — 27 June 2025 — Billionaire investor Warren Buffett donated $6 billion worth of Berkshire Hathaway stock on Friday, marking his largest annual contribution since pledging to give away the majority of his fortune nearly 20 years ago. The donation includes approximately 13 million Class B shares of Berkshire Hathaway, distributed among five […]
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On Friday, Deputy Secretary-General Amina Mohammed launched a new report, Confronting the Debt Crisis: 11 Actions to Unlock Sustainable Financing. She was joined by experts Mahmoud Mohieldin and Paolo Gentiloni, along with Rebeca Grynspan, Head of the UN Conference on Trade and Development (UNCTAD). A growing crisis “Borrowing is critical for development,” Ms. Mohammed said, […]
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June 28, 2025 – Atlanta, GA Nearly 400 flights were canceled at Hartsfield-Jackson Atlanta International Airport on Saturday following a night of severe weather that included strong thunderstorms and hail. According to data from FlightAware, one of the leading flight tracking platforms, both inbound and outbound flights were significantly affected, causing widespread disruptions to air […]
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The European Commission has put forward a draft EU annual budget for 2026. It builds on the mid-term revision of the EU’s long-term budget (2021-27) that addressed a series of recent, unpredicted developments, including a global pandemic, an energy crisis and growing geopolitical tensions around the world. In line with this, the 2026 annual […]
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LAS VEGAS – A federal jury in Las Vegas has convicted Latonia Dyshawna Smith, 31, of three counts of cyberstalking for making violent threats against two federal judges and a probation officer involved in her earlier criminal case. The trial was prosecuted by a team from the U.S. Attorney’s Office for the Southern District of […]
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Amazon founder and billionaire entrepreneur Jeff Bezos has officially married Lauren Sánchez, his long-time partner, in a private ceremony attended by close friends and family. The couple, who have been together since 2019 and announced their engagement in 2023, exchanged vows in what sources described as an elegant but understated celebration. The exact location and […]
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