A$13.5 Billion and Rising: Natural Disasters Push Australia to the Brink

A relentless wave of natural disasters is hammering the Australian economy, compounding a global crisis that is far more costly than previously believed. New findings from the United Nations Office for Disaster Risk Reduction (UNDRR) reveal that global disaster-related losses are nearing US$2.3 trillion—more than 11 times earlier estimates. Financial losses from natural catastrophes have […]

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China’s Bond ETF Boom Powers AI and Tech Investment Surge

A wave of new bond exchange-traded funds (ETFs) is propelling a fresh surge of investment into China’s high-tech and artificial intelligence sectors, as money managers respond to a growing appetite for yield-bearing assets in the wake of deposit-rate cuts. Ten major Chinese asset managers—including E Fund Management, China Southern Asset Management, and Invesco Great Wall […]

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New Visa Restriction Policy to Deter and Dismantle Flow of Fentanyl and Other Illicit Drugs into United States

The fentanyl crisis in the United States is unprecedented, with overdoses remaining the leading cause of death for Americans ages 18 to 44. More than 40 percent of Americans reportedly know someone who has died from an opioid overdose, and in 2024 the United States averaged over 220 overdose deaths daily. Today, I am announcing […]

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The UK stands ready to support steps towards a durable peace in DRC: UK statement at the UN Security Council

President, let me make three points. First, the United Kingdom commends efforts by the African Union, United States and Qatar to negotiate the peaceful resolution to the conflict and also commends the continued engagement of DRC and Rwanda. DRC and Rwandan Foreign Ministers have been meeting today in Washington to sign a peace agreement.  The […]

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Warren Buffett Donates Record $6 Billion to Gates Foundation and other Family Charities

OMAHA, Neb. — 27 June 2025 — Billionaire investor Warren Buffett donated $6 billion worth of Berkshire Hathaway stock on Friday, marking his largest annual contribution since pledging to give away the majority of his fortune nearly 20 years ago. The donation includes approximately 13 million Class B shares of Berkshire Hathaway, distributed among five […]

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How Nato summit shows Europe and US no longer have a common enemy

Mark Rutte had an unenviable task at the Hague summit this week. The Nato secretary-general had to work with diverging American and European views of current security threats. After Rutte made extraordinary efforts at highly deferential, overt flattery of Donald Trump to secure crucial outcomes for the alliance, he seems to have succeeded for now. […]

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2026 annual budget to fund EU priorities addressing global challenges

  The European Commission has put forward a draft EU annual budget for 2026. It builds on the mid-term revision of the EU’s long-term budget (2021-27) that addressed a series of recent, unpredicted developments, including a global pandemic, an energy crisis and growing geopolitical tensions around the world. In line with this, the 2026 annual […]

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Las Vegas Woman Convicted for Threatening Federal Judges and Probation Officer: San Diego Trial Team Secures Conviction in Nevada Courtroom

LAS VEGAS – A federal jury in Las Vegas has convicted Latonia Dyshawna Smith, 31, of three counts of cyberstalking for making violent threats against two federal judges and a probation officer involved in her earlier criminal case. The trial was prosecuted by a team from the U.S. Attorney’s Office for the Southern District of […]

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Jeff Bezos and Lauren Sánchez Tie the Knot in Intimate Ceremony

Amazon founder and billionaire entrepreneur Jeff Bezos has officially married Lauren Sánchez, his long-time partner, in a private ceremony attended by close friends and family. The couple, who have been together since 2019 and announced their engagement in 2023, exchanged vows in what sources described as an elegant but understated celebration. The exact location and […]

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US Supreme Court Upholds Texas Law Requiring Age Verification for Online Pornography

Washington, D.C. – 27 June 2025 — The U.S. Supreme Court has upheld a Texas law that mandates age verification for users attempting to access online pornographic content, marking a significant decision in the intersection of free speech and online safety regulations. In a 6–3 decision in Free Speech Coalition, Inc. v. Paxton, the Court […]

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