In a significant move to bolster Sri Lanka’s economic recovery, the World Bank has announced a $1 billion support package aimed at job creation and private sector growth over the next three years. The initiative focuses on key industries such as energy, agriculture, tourism, and regional development, sectors deemed critical for long-term stability and expansion. […]
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A former FBI electronics technician has been sentenced to 20 years in federal prison for a string of child exploitation offenses, according to a press release from the U.S. Attorney’s Office for the Middle District of Tennessee (justice.gov). Justin Carroll, who worked at the FBI’s Providence Field Office, was convicted by a jury on seven […]
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A Philadelphia man, Zyair Dangerfield-Hill, has been convicted at trial for his role in the gunpoint carjacking of a 73-year-old man in West Philadelphia’s Spruce Hill neighborhood. The verdict, delivered on April 25, 2025, found Dangerfield-Hill guilty of carjacking and aiding and abetting, as well as carrying and using a firearm during a violent crime. […]
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TikTok has announced plans to build a €1 billion ($1.1 billion) data centre in Kouvola, Finland, as part of its Project Clover, a €12 billion initiative aimed at strengthening data security for its 175 million European users. The move comes just days after the European Union fined TikTok €530 million ($600 million) over allegations of […]
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Startups play a critical role in driving innovation, creating jobs, and fostering economic growth. However, a sharp decline in startup funding globally has raised concerns about the long-term impact on economic dynamism. In 2023, global startup investment fell to $285 billion, a staggering $177 billion decline from 2022’s $462 billion. This downturn has created ripple […]
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French energy giant TotalEnergies (NYSE:TTE) has officially applied for an environmental permit in Chile to develop a $16 billion green hydrogen and ammonia facility, marking a significant step in the country’s clean energy transition. The project, led by TEC H2 MAG, TotalEnergies’ Chilean subsidiary, is set to begin construction in 2027, with full operations expected […]
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Oil giant ExxonMobil (NYSE:XOM) has posted a first-quarter net profit of $7.7 billion, reflecting a 7% decline from the previous year. Despite the dip, the company has reaffirmed its capital expenditure guidance, maintaining a target of $27-29 billion for 2025. Financial Performance and Market Strategy ExxonMobil’s earnings report highlights strong cash flow, with $13 billion […]
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The Trump administration has intensified efforts to defund public broadcasting, with the Corporation for Public Broadcasting (CPB) announcing that the Department of Education has terminated the Ready To Learn grant—a $23 million federal program supporting educational children’s content on PBS and NPR. Impact on Public Media and Children’s Programming The Ready To Learn grant, historically […]
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A new global report from the World Health Organization (WHO) highlights how social determinants of health—such as housing, education, and job opportunities—are drastically reducing life expectancy worldwide. The 2025 World Report on Social Determinants of Health Equity reveals that people in the lowest-ranked country for life expectancy live, on average, 33 years shorter than those […]
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Starlink Secures DRC License, Expands in Africa After months of uncertainty, Starlink has officially received a license to operate in the Democratic Republic of Congo (DRC), reversing an earlier ban. The approval marks a significant step in SpaceX’s expansion across Africa, where it aims to provide high-speed satellite internet to underserved regions. Meanwhile, Airtel Africa […]
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