A diplomatic battle is being waged between leading Republican Sen. Ted Cruz, R-Texas, and Nigerian government officials. Cruz has warned he will hold those officials accountable for the reported ‘mass slaughter’ of tens of thousands of Christians in Nigeria. Officials have claimed Cruz is lying, with one claiming that despite even the pope publicly calling out the killings, there is ...
The House Oversight Committee has dropped its subpoena for former FBI Director James Comey, after he said he had no knowledge relevant to the panel’s investigation into Jeffrey Epstein, The Hill reported, citing a letter Comey sent to the committee. In the Oct. 1 letter sent to Committee Chair James Comer, R-Ky, Comey said he had no ‘knowledge’ or ‘information ...
Michael F. Cannon Everyone says Medicare is facing a “trust fund shortfall.” Not only is that a gross falsehood, the reality is much worse. The very phrase “Medicare trust fund” is a pure falsehood. There is no such thing. That which the phrase describes contains no funds, nor should one trust anybody who pretends it does. When people use the ...
Adam N. Michel At the center of the government shutdown is a disagreement over whether to extend a temporary pandemic-era expansion of the Affordable Care Act’s premium tax credits. These subsidies cover health insurance premiums for the roughly 7 percent of Americans who use the government-run Obamacare insurance marketplace. Sold as a temporary boost during the COVID-19 pandemic, the subsidies ...
Asahi Group, Japan’s largest brewer, has partially restarted beer production at all six of its breweries after a cyber-attack last week forced a temporary shutdown across its domestic operations. The company said production of its flagship Asahi Super Dry beer had resumed, along with limited output at facilities producing soft drinks and food products. However, Asahi cautioned that its breweries ...
Six university-founded social enterprises have been selected as finalists for Ignite 2025, the Ford Family Foundation’s flagship competition supporting early-stage, purpose-driven ventures. The finalists will pitch their innovations at the Barclays Innovation Hub powered by Eagle Labs in Shoreditch, London, on Tuesday 21 October 2025, competing for a share of a £50,000 prize fund. Each will receive tailored pitching support, ...
Artificial intelligence is emerging as a key driver of growth in the UK’s climate tech start-up ecosystem, with AI-related ventures attracting record levels of funding even as broader climate investment stalls, according to new research by Sustainable Ventures. The study, titled “Advancing AI’s Potential for Climate Innovation”, draws on data from 3,345 high-growth UK climate tech start-ups compiled by Beauhurst ...
UK investors withdrew a record £3.6 billion from equity funds during the third quarter, marking the worst three-month run for stock market investments since Calastone began compiling data in 2015. The figures highlight growing caution among investors who have been spooked by high valuations and global uncertainty, prompting a decisive move into the relative safety of bonds and cash. Edward ...
Billionaire Sir Jim Ratcliffe’s petrochemicals group Ineos has announced plans to cut 60 jobs at its Hull Acetyls plant in East Yorkshire, citing “dirt-cheap, carbon-heavy imports from China” and “sky-high” UK energy costs. The redundancies represent around a fifth of the site’s workforce, and follow the closure earlier this year of Ineos’s Grangemouth oil refinery in Scotland, which led to ...
Gold prices have surged to fresh record highs, breaching $3,900 an ounce for the first time as investors sought refuge from global economic and political uncertainty. The precious metal traded at $3,956.19 per ounce in late deals, extending this year’s gain to almost 50 per cent. The rally has been fuelled by expectations of lower US interest rates, geopolitical tensions ...