Washington, D.C. – June 2025: The Trump administration is finalizing plans for a U.S.-Africa Leaders Summit, set to take place on the sidelines of the United Nations General Assembly in September. The summit, described as being “almost entirely focused on economic growth,” is seen as a strategic platform to strengthen commercial ties between the U.S. […]
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The U.S. Department of Energy (DOE) has rescinded funding for 24 clean energy projects, totaling over $3.7 billion, that were approved during the final months of the Biden administration. This move marks a significant policy shift under the Trump administration, which is scaling back federal support for industrial decarbonization and carbon capture initiatives.(reuters.com, axios.com) Notable […]
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June 2, 2025 – A wave of brutal attacks on Christian communities in Nigeria’s Middle Belt has left at least 36 people dead, with several others injured or abducted, according to reports from the Diocese of Makurdi. The violence, attributed to suspected Fulani militants, has devastated multiple villages in Benue State, prompting urgent calls for […]
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Iron ore prices dropped sharply this week, with Asian futures hitting their lowest levels in two months. The July contract on the Singapore Exchange fell to $94 per metric tonne as a combination of weak manufacturing data from China and the announcement of new U.S. tariffs on steel weighed on sentiment. China’s Factory Activity Contracts […]
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Wildfires sweeping through Alberta have forced multiple oil sands operators to shut down or scale back operations, cutting Canadian oil output by approximately 350,000 barrels per day — nearly 7% of national production. The disruption is centered around Fort McMurray, the heart of Canada’s oil sands industry, where several major facilities have been impacted. Operational […]
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Starwood Capital Group has closed on a combined $2.86 billion in capital commitments across three new private credit vehicles, expanding its global real estate lending strategy amid a shifting market landscape. The vehicles include: Together with related co-investment vehicles, the closings mark a significant step in scaling the firm’s real estate credit platform. “We’re incredibly […]
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May 22, 2025 — A critical vulnerability in Cetus Protocol, a decentralized liquidity provider on the SUI blockchain, has led to the theft of approximately $223 million in digital assets, making it the second-largest crypto heist of the year, according to reporting by SecurityWeek’s Ionut Arghire. The exploit targeted a flaw in the liquidity pool […]
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LONDON — The United Kingdom has formally acknowledged cyberwarfare as a central component of its national defense strategy, as outlined in its 2025 Strategic Defence Review (SDR) published on June 2, 2025. For the first time, the UK is openly integrating cyber operations, artificial intelligence (AI), and electromagnetic warfare (CyberEM) into its broader military doctrine […]
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M23 Rebels Accused of Executing Civilians in Eastern Congo – Human Rights Watch Democratic Republic of Congo (DRC): Human Rights Watch (HRW) reported that Rwanda-backed M23 rebels executed at least 21 civilians over a two-day period, February 22–23, in the eastern city of Goma. Witnesses said six men and one woman were shot near the […]
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Source: Excerpts from an EBRD article by Anton Usov The European Bank for Reconstruction and Development (EBRD) is strengthening its support for climate resilience and gender-inclusive entrepreneurship in the Kyrgyz Republic through a new $8 million financial package to FINCA Bank Kyrgyzstan, one of the country’s leading microlenders. The funding is aimed at helping small […]
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