Global growth on recessionary path amid trade tensions and uncertainty

The projection is below the 2.5 per cent threshold widely viewed as signalling a global recession. It also represents a significant deceleration compared to average annual growth rates prior to the COVID-19 pandemic when global growth was already subdued. Threats and volatility The report cited mounting threats including trade policy shocks, financial volatility and a […]

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2024 warmest year on record in Europe, finds European State of the Climate report

  The latest European State of the Climate report illustrates clearly the impact of climate change in Europe and the Arctic. In 2024, Europe was the fastest-warming continent, with a clear climate divide – eastern parts suffered from extreme heat and drought, while western parts were extremely hot and humid. At the same time, it experienced […]

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UK Government Minister’s X Account Hacked to Promote Fraudulent Cryptocurrency

A British cabinet minister’s verified X (formerly Twitter) account was hijacked on Tuesday and used to promote a fake cryptocurrency linked to the UK Parliament, according to a spokesperson for the minister and reporting by Agence France-Presse (AFP). The compromised account belonged to Lucy Powell, Leader of the House of Commons, who has held the […]

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Countries finalize historic pandemic agreement after three years of negotiations

Developed after over three years of negotiations under the auspices of the World Health Organization (WHO), the draft outlines a framework for strengthening international collaboration, equity and resilience in the face of future global health threats. “The nations of the world made history in Geneva today,” said WHO Director-General Tedros Adhanom Ghebreyesus. “In reaching consensus […]

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Prosthetic Insurance Denials Spark Scrutiny Over Health Insurance Coverage Gaps

April 2025 — As U.S. health insurers increasingly deny coverage for advanced prosthetic limbs, amputees and advocates are calling out a growing disparity in medical necessity standards — particularly when compared with other orthopedic treatments such as joint replacements. Michael Adams, a 51-year-old cancer survivor from Colorado, recently faced this dilemma. Although he enrolled in […]

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Rome Derby Chaos: 24 Police Injured as Football Violence Erupts Near Italy’s Stadio Olimpico

Rome, April 14, 2025 — Violent clashes marred Sunday’s high-stakes Serie A derby between AS Roma and Lazio, leaving 24 police officers injured and prompting condemnation from city officials after what Rome’s mayor described as scenes resembling “urban warfare.” Tensions flared hours before the evening kick-off near the Stadio Olimpico, where hundreds of Roma supporters […]

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Newmark Launches UK Science & Innovation Division with Strategic Hires from JLL and Savills

Newmark, the global commercial real estate advisory firm, has officially launched a dedicated UK Science and Innovation practice, strengthening its footprint in one of the fastest-growing asset classes in Europe. The newly formed division, based in London, will be led by Paddy Shipp, formerly Head of UK Life Sciences at JLL, and supported by Rupert […]

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Kennedy Wilson and AXA Refinance Irish 1,689 Units Apartment Portfolio with $510M Facility

Kennedy Wilson and AXA IM Alts have successfully refinanced $510 million in maturing debt on a portfolio of five fully leased apartment assets in Dublin and Cork, Ireland. The assets form part of the firms’ 50:50 joint venture established in 2018, which focuses on high-quality residential investments across the Irish market. Major Portfolio Refinancing Signals […]

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NHS Unveils £70 Million Framework to Tackle Mental Health Care Backlogs

A new £70 million procurement framework has been launched by NHS Shared Business Services (NHS SBS) to address growing demand and long waiting times across mental health services in England. The initiative is designed to fast-track access to specialist support through a streamlined contracting model available to NHS and public sector organisations nationwide. Strategic Response […]

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Universal’s $7.7B Epic Universe Set to Open May 22: A New Era of Immersive Theme Parks

Orlando, FL — Universal Orlando Resort has officially announced that its long-anticipated fourth theme park, Universal Epic Universe, will open to the public on May 22, 2025. Touted as one of the largest and most ambitious theme parks ever constructed, Epic Universe is set to redefine immersive entertainment on a scale never before seen in […]

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