Ireland’s Digital Regulator to Focus on Online Child Safety in 2025

Ireland’s online safety watchdog will prioritise child protection on digital platforms throughout 2025, as part of its growing role under the EU’s landmark Digital Services Act (DSA). The Coimisiún na Meán, Ireland’s media and online safety regulator and key DSA enforcer, is actively contributing to forthcoming EU-wide guidelines on child safety expected to be published […]

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IMF Downgrades Global Growth Outlook as Escalating U.S. Tariffs Affect Projections

The International Monetary Fund (IMF) has revised its global economic growth forecast for 2025, attributing the downgrade to the escalating trade tensions stemming from U.S. tariffs. Key Forecast Revisions: Contributing Factors: Regional Impacts: Outlook: The IMF warns that continued trade conflicts could further dampen economic activity, increase financial market volatility, and tighten financial conditions. Medium-term […]

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Saudi Arabia and Qatar Clear Syria’s $15 Million World Bank Debt, Paving Way for Reconstruction

Saudi Arabia and Qatar have jointly agreed to repay Syria’s outstanding $15 million debt to the World Bank, a move expected to unlock international financial support for the war-torn nation’s recovery. This decision was announced during the World Bank and IMF spring meetings in Washington, marking Syria’s first participation in such forums in over two […]

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US Dollar Rebounds as Trade Tensions Ease; Tech Earnings in Focus

The U.S. dollar has begun the week on a stable note, recovering from recent lows, as markets anticipate a week filled with significant economic data and corporate earnings reports. Dollar Stabilizes Amid Trade Developments After hitting a three-year low last week, the U.S. dollar index (DXY) has found support, trading at 99.792. This rebound follows […]

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Toyota Considers $42 Billion Buyout of Key Supplier Amid Corporate Restructuring

Toyota Motor Corporation is exploring a potential ¥6 trillion ($42 billion) buyout of its major subsidiary, Toyota Industries, in a move that could significantly reshape Japan’s corporate landscape. The proposal, reportedly spearheaded by Toyota Chairman Akio Toyoda and his founding family, aims to simplify the conglomerate’s complex cross-shareholding structure and consolidate control over its sprawling […]

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Canadians Head to the Polls in Pivotal Election Shaped by U.S. Trade Tensions

Canadians are casting their votes today in a federal election that has been dramatically influenced by U.S. President Donald Trump’s policies and rhetoric. The election, initially expected to be a Conservative victory, has become a closely contested race, with the Liberal Party gaining momentum under new leadership. Political Landscape Shift At the beginning of the […]

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Protecting EU consumers: More than half of second-hand online traders fail to meet EU consumer laws

Every year, millions of European consumers use online traders to buy second-hand goods, such as clothes, electronic equipment, toys, and more.  When buying second-hand goods, European law states that consumers are entitled to the same guarantee and information on a product, on their rights and the trader they are buying from, as when buying any […]

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Ireland and UNDP Launch Global Sustainable Finance Hub in Dublin

Ireland has committed €7.5 million over three years to establish a UNDP Project Office for Sustainable Finance in Dublin, aiming to align global financial systems with climate and development goals. Announced during the World Bank/IMF Spring Meetings, this office will serve as a delivery platform for the UNDP’s Sustainable Finance Hub. It will support over […]

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Dutch Government Invests €639 Million in Aramis Carbon Capture Project following Industry Pullback

The Dutch government has committed €639 million ($726 million) to the Aramis carbon capture and storage (CCS) project, the Netherlands’ largest initiative of its kind. This move follows the partial withdrawal of Shell and TotalEnergies from funding the project’s pipeline infrastructure. Despite their exit from pipeline investments, both companies will continue to participate in developing […]

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Electra Secures $186M to Scale Fossil-Free Ironmaking and Tackle Steel’s Carbon Footprint

BOULDER, COLORADO, April 2025 — Electra, a U.S.-based clean tech startup aiming to revolutionize steelmaking, has raised $186 million in Series B funding to commercialize its fossil-free iron production technology. The round, co-led by Capricorn Investment Group and Singapore’s Temasek Holdings, brings Electra’s total funding to $214 million. Electra’s patented electrochemical process uses renewable electricity […]

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