The global risk landscape is evolving at an unprecedented pace, posing significant threats to attaining the Sustainable Development Goals (SDGs). As extreme weather, macroeconomic shocks, conflict, and other risks intensify and intertwine, they can create ripple effects that amplify existing vulnerabilities and put both human and development progress in peril. People living in poverty bear […]
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The Commission has adopted a new strategy to channel savings into productive investments. It seeks to increase EU citizens’ participation in capital markets with broader investment options and improved financial literacy, fostering their wealth and boosting the EU economy. About 70% of household savings in the EU – worth €10 trillion – are held […]
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Artificial intelligence (AI) will fundamentally change the financial sector for years to come. The integration of AI technologies – such as machine learning, natural language processing, generative AI (GenAI), and advanced data analytics – will enable financial institutions to optimize their operations, enhance customer experiences, develop innovative products, and better manage risks. AI is already […]
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Rabat, April 2025 — Morocco’s national social security agency has confirmed it suffered a major cyberattack this week, resulting in the theft and online publication of sensitive personal data. The breach, described as one of the most significant in the country’s history, targeted the Caisse Nationale de Sécurité Sociale (CNSS), which manages pensions, health insurance, […]
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The Hague, April 11, 2025 — Sudan has petitioned the International Court of Justice (ICJ) to impose emergency measures against the United Arab Emirates (UAE), accusing it of aiding genocide in Darfur by supporting the paramilitary Rapid Support Forces (RSF). The case, filed under the Genocide Convention, marks the latest international effort to address atrocities […]
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Sydney, Australia — Qantas and Airbus have jointly committed AUD$15 million to Climate Tech Partners (CTP), a venture capital fund focused on accelerating climate innovation—specifically in the development and commercialisation of Sustainable Aviation Fuel (SAF) in Australia. The new investment, drawn from the Qantas-Airbus SAF Partnership Fund established in 2022, is aimed at advancing early-stage […]
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Open finance in India has grown rapidly in the last year. As of December 2024, 120 million accounts had been linked through Account Aggregators (AAs) – India’s version of open finance – up from 39 million in December 2023. According to Sahamati’s annual report, more than 570 regulated financial entities were a part of the […]
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Kurashiki, Japan — In a bold move toward carbon-neutral manufacturing, JFE Steel Corporation has unveiled a ¥329.4 billion (USD $2.2 billion) project to construct an advanced electric arc furnace (EAF) at its West Japan Works facility in Kurashiki. The initiative, partially backed by a Japanese government grant of up to ¥104.5 billion (USD $690 million), […]
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The United States is expediting production of the B61-13 nuclear gravity bomb—an advanced weapon with a yield of up to 360 kilotons, approximately 24 times more powerful than the atomic bomb dropped on Hiroshima in 1945. Developed at Sandia National Laboratories in Albuquerque, New Mexico, the B61-13 is designed as part of the U.S. nuclear […]
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The chinamperos get their name from ‘chinampas,’ the human-made islands of floating gardens on which they farm. It was the Aztecs who discovered that, by layering mud, plants and branches on shallow lake beds, they could create highly fertile plots of land. For hundreds of years, the chinampas sustained farming communities, but the climate crisis, […]
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