Bulgaria has awarded Alstom a €448 million contract to supply 35 Electric Multiple Units (EMUs), marking a significant step forward for the country’s railway modernization efforts. The contract, part of Bulgaria’s Recovery and Resilience Plan, also includes 15 years of fleet maintenance. Following a lengthy tender process and a ruling by the Supreme Administrative Court, […]
Continue Reading
In the rural fishing camps of Zambia, where drought and aid cuts have worsened food insecurity, an alarming trend has emerged: women are increasingly forced into “sex-for-fish” arrangements with fishermen. This exploitative practice, which involves women trading sex for access to fish, is being driven by both the devastating impact of climate change and the […]
Continue Reading
The UK government is set to invest £1.8 billion ($2.33 billion) into energy efficiency upgrades for 170,000 low-income households through the Warm Homes Plan. This initiative, aimed at combating high energy bills and reducing carbon emissions, will provide essential home improvements like insulation, solar panels, double glazing, and heat pumps. The funding will be distributed […]
Continue Reading
Intel has announced the appointment of Lip-Bu Tan as its new CEO, effective March 18, as the company works to recover from a series of financial setbacks and regain profitability. Tan, formerly the CEO of Cadence, a chip design services firm, replaces Pat Gelsinger, who stepped down in December amid board dissatisfaction with his turnaround […]
Continue Reading
A recent case study by Dragos, a cybersecurity firm specializing in industrial control systems (ICS), reveals that Volt Typhoon, a Chinese state-sponsored hacking group, infiltrated the US electric grid for over 300 days. The breach, which targeted the Littleton Electric Light and Water Department (LELWD) in Massachusetts, was discovered in November 2023, though the hackers […]
Continue Reading
The health situation in North Darfur, Sudan, has reached a critical point, with over 200 health facilities in the state capital, El Fasher, currently non-functional due to ongoing conflict. According to UN spokesman Stephane Dujarric, the humanitarian situation is dire, particularly in displacement camps surrounding the city. Struggling Health System The World Health Organization (WHO) […]
Continue Reading
Africa’s economic trajectory is shifting dramatically, as highlighted in the latest report by the African Development Bank (AfDB). The report, “Africa’s Performance and Outlook”, reveals that Africa is now the second-fastest-growing region globally, behind Asia. Growth is expected to rise from 3.2% in 2024 to 4.1% in 2025 and 4.4% in 2026, fueled by rapid […]
Continue Reading
In a new report, Dr. Najat Maalla M’jid, who’s the Special Representative of the UN Secretary-General on violence against children, said that traffickers are quick to exploit technological advancements – and people in emergencies. She said that children – mainly girls – are increasingly vulnerable, as poverty, food insecurity, humanitarian crises and conflict lead to displacement […]
Continue Reading
During two-days in Johannesburg, Ms. Mohammed attended the G20 Finance Ministers meeting and the ‘Finance in Common’ Summit of National Development Banks. She also spent a day in Cape Town at a meeting of the G20 Finance Ministers and Central Bank Governors. She represented Secretary-General António Guterres at both stops and in her remarks in […]
Continue Reading
The transition to a net-zero economy in the European Union (EU) is an ambitious and transformative undertaking, requiring substantial investments. While estimates on the exact cost vary, two major sources—McKinsey and PwC—offer valuable insights into the scale of these investments and the potential returns. Global and European Investment Requirements Key Areas of Investment and Expected […]
Continue Reading
