EU economy projected to moderately grow amid global economic uncertainty

  The European Commission has published its spring 2025 economic forecast, showing that the EU economy started this year stronger than anticipated. It is projected to keep growing slowly in 2025, with growth expected to pick up in 2026. Key projections real GDP is projected to grow by 0.9% in 2025 and 1.4% in 2026 […]

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UAE-Morocco Consortium Signs $14 Billion Energy and Water Infrastructure Agreements

Rabat, Morocco – May 2025 — Morocco has signed a series of major infrastructure agreements with an Emirati-Moroccan consortium valued at over $14 billion, focusing on expanding the country’s energy and water security capacities. The deals were finalized on Monday and involve state and private sector stakeholders from both nations. The Moroccan government, through its […]

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Africa & MENA Continental News Briefs – May 2025

Sudan: Army, Paramilitaries Clash Near CapitalHeavy fighting broke out Tuesday between Sudan’s army and Rapid Support Forces (RSF) in Omdurman, part of a wider offensive to retake Khartoum state. Power outages caused by RSF drone strikes have crippled hospitals, according to MSF. Separately, the army appointed Kamil al-Taib Idris as the first prime minister since […]

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Ex-prison governor jailed for having relationship with drug-dealing prisoner

A former prison governor has been jailed for nine years after having a relationship with a drug-dealing organised criminal who gave her a £12,000 Mercedes as a gift. Keri Pegg Kerri Pegg, 42 from Up Holland in Lancashire, was convicted of misconduct in public office and possession of criminal property in a trial at Preston […]

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EU Commission Unveils Sweeping Plan to Simplify Agricultural Rules and Cut Red Tape, a move with €1.58 billion Potential Savings

Brussels, 19 May 2025 — The European Commission has unveiled a major package of reforms aimed at simplifying the EU’s agricultural rulebook, with potential annual savings of up to €1.58 billion for farmers and €210 million for national administrations, according to Commission estimates. The proposal, presented today in Brussels, is the latest in a series […]

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Head of Real Estate Firm Pleads Guilty in $62.8 Million Investment Fraud Targeting CrowdStreet Investors

Note: Picture for illustrations purposes only. ATLANTA – May 19, 2025 — Elchonon “Elie” Schwartz, the head of a prominent commercial real estate investment firm, pleaded guilty today to one count of wire fraud in connection with a sweeping investment fraud scheme that bilked more than 800 investors out of approximately $62.8 million. The funds […]

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African Union and European Union to Hold Ministerial Meeting in Brussels

***EU remains Africa’s largest trading partner, biggest investor, and leading humanitarian donor, with €309 billion in foreign direct investments in Africa in 2022. The African Union (AU) and European Union (EU) will convene their third ministerial meeting in Brussels, Belgium, on May 21, 2025. This gathering marks a significant milestone, as it coincides with the […]

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President Trump and First Lady Melania Signs Bipartisan “Take It Down Act” to Combat Online Sexual Exploitation

WASHINGTON, May 19, 2025 — President Donald Trump and First Lady Melania Trump appeared together in the White House Rose Garden on Monday for the signing of the “Take It Down Act”, a bipartisan bill aimed at curbing the nonconsensual sharing of sexually explicit images and videos, including those generated by artificial intelligence deepfakes. The […]

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Lendlease Partners with King Charles’ Crown Estate in Major UK Property Venture

London/Sydney, May 19, 2025 — Lendlease Corporation has announced a landmark property deal with the Crown Estate, the body that manages the British monarch’s public property portfolio, forming a joint venture to deliver new housing and innovation-led developments across Greater London. Under the agreement, the Australian developer will transfer its UK property development assets and […]

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CBS News President Wendy McMahon Resigns Due to President Trump Lawsuit and Corporate Turmoil

New York, May 19, 2025 — Wendy McMahon, President and CEO of CBS News, has announced her resignation, stepping down at a critical moment for the network as it faces a high-stakes legal battle with U.S. President Donald Trump and intensifying corporate tensions within Paramount Global. McMahon’s departure follows mounting internal and external pressure over […]

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