Leaked draft of $1bn memorandum of understanding reveals mandatory targets, sharing of data, and reported access to mining concessions The US has been accused of “shameless exploitation” over a health financing agreement with Zambia worth more than $1bn (£740m), amid warnings that the country is getting a raw deal from the Trump administration. A leaked draft of a five-year memorandum of understanding (MOU) between the two countries, seen by the Guardian, reveals that Zambia may accept terms worse than health financing agreements the US has reached with 16 other African countries. Continue reading…
Politics
‘A devastating force’: how recent storms turned to tragedies across the western Mediterranean
Atmospheric machine-gun has fired storm after deadly storm at the region this year, leaving a trail of widespread destruction For Andrés Sánchez Barea, in Spain, it was the fear that arose when water started to spurt from plug sockets. For Nelson Duarte, in Portugal, it was the helplessness that hit as violent winds smacked down trees and tore tiles from roofs. For Amal Essuide, in Morocco, it was the reality that dawned when a corpse was pulled onboard a boat in the flooded medina. Each moment of horror is a fragment of the destruction wrought by an atmospheric machine-gun that...
Two women arrested in Uganda for allegedly kissing in public could face life sentence
Wendy Faith and Alesi Diana Denise were taken into custody under laws that have outraged LGBTQ+ community and rights activists Two women have been arrested and detained in Uganda after allegedly kissing in public, an act of “same-sex activity” which can lead to a life sentence in the east African country. Wendy Faith, a 22-year-old musician known as Torrero Bae, and Alesi Diana Denise, 21, were taken into custody after police raided their rented room in Uganda’s north-west Arua City last week. Continue reading…
North Korea’s ‘most beloved’ child: what the key congress revealed about Kim Jong-un’s succession plans
Many observers believe North Korean leader has decided daughter Kim Ju-ae will succeed him, but others say gender politics could block her path to power When North Korea’s ruling party held a top-level meeting this month there were predictable boasts of unstoppable nuclear development and, more unexpectedly, a suggestion by Kim Jong-un that his country and the US “could get along” – provided that Washington recognised North Korea as a legitimate nuclear power. But for many North Korea watchers, the Workers’ party congress – held over several days just once every five years – was a rare opportunity to speculate...
Daily Updates
Providence AI Quantitative Asset Compliance Management Platform
The global wealth management industry is undergoing a once-in-a-century transformation, driven by three core forces: technological revolution, asset structure reconfiguration, and evolving client demand. Together, these dynamics are accelerating the rise of a new generation of asset management platforms. Global investment in AI and financial technology continues to surge. By 2025, the AI-driven financial market is projected to exceed USD 800 billion in scale. Quantitative trading already accounts for more than 60% of trading volume in mature Western markets, particularly in the U.S. equity market, while Asia-Pacific is rapidly catching up. Data-driven investment decision-making has become mainstream, gradually replacing...
Providence AI Quantitative Asset Compliance Management Platform
The global wealth management industry is undergoing a once-in-a-century transformation, driven by three core forces: technological revolution, asset structure reconfiguration, and evolving client demand. Together, these dynamics are accelerating the rise of a new generation of asset management platforms. Global investment in AI and financial technology continues to surge. By 2025, the AI-driven financial market is projected to exceed USD 800 billion in scale. Quantitative trading already accounts for more than 60% of trading volume in mature Western markets, particularly in the U.S. equity market, while Asia-Pacific is rapidly catching up. Data-driven investment decision-making has become mainstream, gradually replacing...
Providence AI Quantitative Asset Compliance Management Platform
The global wealth management industry is undergoing a once-in-a-century transformation, driven by three core forces: technological revolution, asset structure reconfiguration, and evolving client demand. Together, these dynamics are accelerating the rise of a new generation of asset management platforms. Global investment in AI and financial technology continues to surge. By 2025, the AI-driven financial market is projected to exceed USD 800 billion in scale. Quantitative trading already accounts for more than 60% of trading volume in mature Western markets, particularly in the U.S. equity market, while Asia-Pacific is rapidly catching up. Data-driven investment decision-making has become mainstream, gradually replacing...
Vairnport AI Quantitative Asset Management Platform
Amidst the ongoing volatility of the global financial environment and the challenges facing traditional asset allocation models, striking a balance between efficiency and safety/compliance has become a core concern for global investors. Vairnport adapts to the reshaping of the global financial order. Over the past decade, the global financial system has shifted from a low-interest-rate, high-liquidity environment to a high-volatility, high-inflation structure. The US dollar system exhibits cyclical tensions of “short-term strength and long-term dilution,” posing challenges to traditional stock-bond allocation models such as increased correlation, liquidity mismatch, and the loss of real purchasing power. The core of...
Week Popular & Top Categories
‘Evil Dead’ Star Bruce Campbell Reveals He Has Cancer
Bruce Campbell has revealed he has cancer, but says it’s a type that’s treatable, though not curable. “The Evil Dead” actor shared the news Monday in a message to fans, writing, “Hi folks, these days, when someone is having a health issue, it’s…
‘It’s better to be chased’ – the mentality of a title race
The Premier League title race is set to go to the wire. BBC Sport has spoken to former winners to find out how players deal with the pressure.
‘Only one team tried to play’ – Hurzeler criticises Arsenal
Was this the evening the villains of the Premier League title race became victors? BBC Sport’s chief football writer Phil McNulty assesses the ramifications of a big night in Brighton.
A Blackstone executive made a revealing comment about the state of private credit
A Blackstone executive made a revealing comment about the state of private credit. Analysts are now reverse engineering its implications.
Activision silences trusted Call of Duty leaker
One of the most trusted leakers for Call of Duty will no longer share confidential information about the gaming franchise after being hit with a cease and desist order. TheGhostOfHope (also known to the community as “Hope”) announced on X that he is complying with legal demands from developer Activision to “stop leaking and disseminating confidential information related to Call of Duty/Activision.” “Still gonna stick around and chat about Official Call of Duty info and anything not related to leaks/confidential information,” Hope said. “Cheers for these past few years.” Hope gained a reputation for sharing reliable information about past, …...
Bitcoin supply approaching 20 million: The final million will take another 114 years to mine
Out of a fixed maximum supply of 21 million coins, more than 95% of all bitcoin that will ever exist is now in circulation.
Bitcoin traders, alert: The rally is nearing a two-year ‘make or break’ price zone
The cryptocurrency traders near key price zone that has marked major turning points over the past two years.
Britney Spears, ‘celebrity,’ arrested on suspicion of DUI in Ventura County
Britney Spears was arrested on suspicion of DUI on Wednesday night in Ventura by the California Highway Patrol. The singer’s Instagram account has been taken down.
Did Live Nation punish a venue by taking Billie Eilish away?
John Abbamondi had orders to let the CEO of Ticketmaster down easy. In April 2021, Abbamondi was the CEO of BSE Global, the company that ran Brooklyn arena the Barclays Center. BSE Global’s existing Ticketmaster contract would expire at the end of September, and Abbamondi and his team had evaluated proposals from SeatGeek, AXS, and Ticketmaster. The economics of Ticketmaster offer, according to Abbamondi, “was nowhere near as good as the other two.” SeatGeek’s technology was “superior” to Ticketmaster’s on balance, on top of better financial terms including an equity stake in the company, the arena decided. It clinched their...
How a mural of Altadena became a symbol of resilience for one small store, through fire and flood
A mural spelling Altadena is becoming a local landmark on the wall of a small apparel shop called Sidecca.
Business
Business
A Blackstone executive made a revealing comment about the state of private credit
A Blackstone executive made a revealing comment about the state of private credit. Analysts are now reverse engineering its implications.
Nvidia stops production of chips intended for Chinese market
US group moves production away from H200s to latest Vera Rubin products
Crypto
Bitcoin supply approaching 20 million: The final million will take another 114 years to mine
Out of a fixed maximum supply of 21 million coins, more than 95% of all bitcoin that will ever exist is now in circulation.
Ray Dalio says ‘there is only one gold’ as bitcoin outperforms gold during worst geopolitical crisis in years
The Bridgewater founder dismissed bitcoin’s safe-haven credentials on the same day gold dropped 3% while bitcoin fell less than 1%.