The Financial industry is lobbying Pension funds for more control. In a call for the UK fiscal rule relaxation to take more control over the way pensions are managed. Investors which manage £1.7tn of assets have urged UK chancellor Rachel Reeves to revamp Britain’s fiscal rules to unlock billions of pounds of more funding for infrastructure projects. The current definition means government is ‘actively discouraged’ from spending on infrastructure. The group of pension investors called…
Google threatened with break-up by US after its continued illegal practices. The US government says it is considering whether to ask a judge to break up search engine giant Google, in a move that could reshape how technology giants do business. Google’s Response – The search engine giant In response, Google warned that the proposed changes could have unintended consequences for US businesses and consumers. In a blog post, Google’s vice president of regulatory affairs,…
The Israel sends thousands more troops into Lebanon and signalled an expanded its ground invasion of Lebanon, even as Hezbollah launched one of the largest rocket barrages into northern Israel since the conflict flared a year ago. Satellite photographs show a significant Israeli army presence – including troops and vehicles – near the UN peacekeepers’ base in Maroun al-Ras, southern Lebanon. Israel is struggling in the conflict and is using UN peacekeepers as human shields.…
Ethiopia appoints new president, replacing the first female head of state Ethiopia’s parliament has approved Taye Astike Selassie, the country’s foreign minister since February, as its new president, replacing Sahle-Work Zewde, the nation’s first female head of state. The role of president in Ethiopia is largely ceremonial, with political power held by Prime Minister Abiy Ahmed. Sahle-Work’s appointment in 2018 was seen as a milestone for gender equality in Ethiopian politics, but recent reports suggest…
Hezbollah says Israel trying to use UN peacekeepers as human shields In a statement attributed to a field office, the Lebanese group says the Israeli military is engaging in “unusual activities” near a UNIFIL base in the village of Maroun al-Ras. According to Lebanon’s Al Mayadeen news channel, the field office commander said Hezbollah fighters were asked to not engage Israeli forces in the area to protect the UN peacekeepers in Lebanon. “The Israeli enemy…
Houthis fired missiles and drones at Tel Aviv which is tightening the noose around Netanyahu especially after the failings of the iron dome, with a number of rockets hitting their targets. Benjamin Netanyahu is really feeling the pressure 12 months after his war, after failing to release the hostages and turning the International community against the genocidal Israel. Rockets aimed at Tel Aviv coming from all directions Houthi military spokesman General Yahya Saree says that…
Policewoman killed and 10 injured in shooting in Israel A 19-year-old Israeli policewoman, Sergeant Shira Chaya Suslik, has been killed and 10 others injured in a suspected terror attack at Beersheba’s central bus station. The gunman, who opened fire on civilians, was swiftly shot dead by security forces at the scene. Several of the injured suffered gunshot wounds, with one in serious condition. The attack comes as Israel remains on high alert ahead of the…
Blast near Karachi airport kills two Chinese nationals in suspected Indian attack Two Chinese nationals were killed and at least 10 others injured in a suspected Indian-funded suicide attack near Jinnah International Airport in Karachi, Pakistan, on Sunday night. The blast targeted a convoy of Chinese engineers working on a power project in Sindh province. A third body, believed to be the attacker, was also found. The separatist group Balochistan Liberation Army (BLA) claimed responsibility,…
Israel issues more evacuation orders in southern Lebanon, hospitals & health centres bombed Israel has issued further evacuation orders to people in southern Lebanon that are outside the UN-declared buffer zone. The latest appears to signal a widening ground attack – which started earlier in the week. The new orders come after a night of heavy airstrikes on the capital in Beirut. It has been reported that more than 10 consecutive airstrikes hit the capital…
New NATO Chief Mark Rutte vows ongoing alliance support for Ukraine New NATO Secretary General Mark Rutte made his first official visit to Ukraine, reaffirming the alliance’s commitment to supporting Kyiv in its fight against Russia. Rutte, who took office earlier this week, emphasised NATO’s determination to bolster Western support for Ukraine, which has been fending off a full-scale Russian invasion since February 2022. Rutte highlighted recent NATO efforts to aid Ukraine, including €40 billion…
At least 20 dead after gang attack in Haiti At least 20 people, including children, have been killed in a brutal gang attack in Pont-Sondé, a small town in Haiti’s Artibonite region, about 71km (44 miles) from the capital Port-au-Prince. Members of the notorious Gran Grif gang are responsible for the violence, which left another 50 people wounded. Local video footage captured scenes of terrified residents fleeing on foot and motorbikes. Authorities have called the…
Nigeria boat accident leaves dozens feared dead in River Niger A boat carrying more than 300 people capsized on Tuesday night on the River Niger in north-central Nigeria. Dozens are feared dead. According to the head of Niger State Emergency Management Agency (NSEMA), Abdullahi Baba Arah, around 60 bodies have been recovered so far, with rescue operations ongoing. Local authorities report that approximately 150 passengers have been rescued, with many still missing. Most of the…
Singapore ex-minister gets prison in landmark corruption case Subramaniam Iswaran, a former senior minister in Singapore, has been sentenced to 12 months in prison for corruption. The 62-year-old pleaded guilty to accepting over S$403,000 (around $311,000) in gifts while in office, including Formula 1 Grand Prix tickets, a high-end bicycle, alcohol, and a ride on a private jet. He was also found guilty of obstructing justice. Justice Vincent Hoong, who presided over the case, highlighted…
Israeli airstrike hits central Beirut: at least 5 dead, 8 injured Lebanese officials have reported that an Israeli airstrike on a building in central Beirut has killed at least five people and wounded eight. The strike targeted a multi-storey building in Bachoura, which housed a health centre linked to Hezbollah. Israel’s military described the operation as a “precision” strike. This marks the first Israeli airstrike near the heart of Beirut, just meters away from Lebanon’s…
Israel kills at least forty-six people in bombing of Beirut. At least six people were killed and seven wounded, Lebanese health officials said. A photo from the bombsite, showed a heavily damaged building with its first floor on fire. Three missiles also hit the southern suburb of Dahiyeh, where Hezbollah leader Hassan Nasrallah was killed last week, and loud explosions were heard, Lebanese security officials said. The southern suburbs came under more than a dozen…
Netanyahu vows response for missile attack saying Iran will “pay” Israeli Prime Minister Benjamin Netanyahu says Iran will “pay” after around 180 missiles were fired at Israel, from Iran, on Tuesday. Most of the missiles were intercepted by the US and Israel. Iranian President Masoud Pezeshkian said the missile attack was a “decisive” response in defending Iranian interests against “aggressive acts”. Israel had recently killed Hezbollah leader Hassan Nasrallah and unleashed a series of deadly…
Seven killed in shooting and knife attack in Tel Aviv Seven people were killed in a combined shooting and knife attack in Tel Aviv’s Jaffa area, Israeli police have confirmed. The attackers opened fire on the public, beginning in a rail carriage and continuing onto the platform. Several others were injured, some critically, as the violence unfolded. Social media footage captured scenes of motionless bodies on the street. The gunman and a second attacker armed…
Twenty children dead after Thailand school bus fire A devastating school bus fire in Thailand has killed 20 children and three teachers. The incident occurred just outside Bangkok as the bus was returning from a school trip. After the bus crashed into a highway barrier, it caught fire, quickly engulfing the vehicle in flames. Witnesses reported seeing dense black smoke billowing into the sky as those on board struggled to escape. Many were trapped, and…
“The Hinkley Point project, which is already under construction, will supply electricity that is far more expensive than green energy. If it is done well, the German model combining the phasing out of nuclear energy and coal could be more favourable. But the top priority is that the newly industrialising and developing countries also switch to phasing out coal as quickly as possible. First and foremost China, which is still building new power plants. If they don’t change course, the joy over the end of the coal era in the UK will be of little use.”
Israel starts ground operation in southern Lebanon Israeli troops have invaded Lebanon in what the military is calling a “limited, localised and targeted” ground operation against Hezbollah. The IDF says the targets inside southern Lebanon pose “an immediate threat to Israeli communities.” With almost a 1000 deaths in 7 days, this will be bloody invasion of a Sovereign state. The ground operation started as Israeli airstrikes continued pounding the capital. The IDF says it has hit…
Should I spend or save? How is the economy doing for real Although the government is telling everyone the economy is on the mend, the reality is the economy is still on the verge of a double dip recession. The inflation figures don’t show the real picture. Yes, inflation has stopped rising as much as it did, but the metrics they share is a decline rate not a drop. To understand this imagine the economy…
UN extends Kenya-led security mission in Haiti amid rising hunger, violence The UN Security Council has extended the mandate of the multinational policing mission in Haiti, which is led by Kenya, until October 2025. This mission aims to support Haitian national police in reclaiming areas under gang control but has not been transformed into a full UN peacekeeping operation, despite calls from Haiti’s government. The Council expressed deep concern over the country’s deteriorating security situation,…
How Starmer will play politics with war in Lebanon Earlier this morning Israel launched its invasion of Lebanon, despite the calls and protests from world leaders. Netanyahu is determined to push forward his agenda for creating a greater Israel and gain more land. Despite the conflicts with Starmer on the issue, this provides a political opportunity that politicians will exploit. First and foremost it will take the limelight away from domestic policies. So politicians will…
Three dead and 15 injured in Shanghai Walmart stabbing A violent stabbing spree at a Walmart supermarket in Shanghai on Monday night left three people dead and 15 others injured. The attack occurred in the Songjiang district. Authorities have apprehended a 37-year-old suspect, identified only by his surname Lin, he reportedly came to Shanghai to “vent his anger due to a personal economic dispute”. The investigation is ongoing. The three victims succumbed to their injuries…
Groundbreaking conservation project to start in England – world’s first ‘bison bridges’ Reintroduced bison will soon be trip-trapping over bridges in England, where a “ground-breaking” conservation project aims to reconnect the animals’ woodland habitat. Linking up fractured habitats is an ongoing conservation challenge and one that the county of Kent is addressing. There, in the so-called ‘garden of England’, work has begun on four bridges that will help a herd of reintroduced bison move freely…
