The Case for A Global Defence Bank
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Why Brussels’ €150bn defence pot is a test case for the EU’s arms strategy
Also in this newsletter: A dangerous drug addiction, and Russia’s reliance on Chinese carsFinancial Times - 1d -
World Health Organization warns of possible tuberculosis surge because of USAID cuts
Health authorities say that the Trump administration’s gutting of USAID raises the risk of a global surge in tuberculosis cases and deaths.NBC News - 2d -
Australia’s record gold exports to US set back its case for tariff relief as Trump trade war looms
Industries across the country are bracing for the impact of the Trump administration’s worldwide tariff regime. Get our breaking news email , free app or daily news podcast A run on gold in ...The Guardian - 5h -
Banks and fintechs join ‘stablecoin gold rush’
Bank of America and Stripe target market for payments in cryptocurrenciesFinancial Times - 1d -
No European defence without Germany
The rapid action by Friedrich Merz in the face of Donald Trump’s disruption highlights how the continent’s leaders need strategy as well as spendingFinancial Times - 3d -
A Supreme Court Case Threatens the Church-State Divide
The case invites further fragmentation of public education.The New York Times - 2d -
Texas measles cases rise to 223
Texas's deadly measles outbreak is growing, as confirmed cases in the state have risen to at least 223 since January, according to the latest figures from the Texas Department of State Health ...The Hill - 1h -
Syrian defence ministry says military operation over and forces ‘paving way for life to return to normal’ – Middle East crisis live
Syria’s defence ministry spokesperson warns of further retribution against forces loyal to Assad. Syria ’s defence ministry has announced it has completed military operations to fight remnants of ...The Guardian - 1d -
‘Nothing is off the table’ on EU defence funding, says Ursula von der Leyen
Commission president says ‘something fundamental’ has shifted and democracy and rule of law are under threat. “Nothing is off the table” when it comes to raising money for defence, the head of the ...The Guardian - 2d -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - 2d -
Boosted defence spending will come at cost of manifesto pledges
Government should level with public about which promises it cannot afford to keepFinancial Times - 1d -
US exits fund that compensates poorer countries for global heating
Trump pulls out of Cop28 loss and damage deal that recognises harms done by richer, polluting economies to vulnerable nations. The Trump administration has withdrawn the US from a global agreement ...The Guardian - 4d -
Long Covid still an issue 5 years after global pandemic began
Five years ago, the World Health Organization declared Covid a global pandemic, but many people are still living with the symptoms of long Covid. Nearly 7% of adults who contracted the virus in the ...NBC News - 4h -
Child deaths surge amid ‘Gazafication’ of West Bank, report says
Palestinians facing mass displacements, airstrikes and rise in attacks on children and other civilians, rights group says. Israel has brought the military tactics of its war in Gaza to the occupied ...The Guardian - 1d -
USDA halts more than $1B in funding for local food banks, schools
The U.S. Department of Agriculture (USDA) says it has nixed more than $1 billion in funding for local food banks and schools by terminating two programs that aid state, tribal and territorial ...The Hill - 3h -
Aftershocks of Supreme Court’s Immunity Ruling Echo in New Trump Cases
The real legacy of the case, scholars say, is not its protection of former presidents from prosecution but its expansive understanding of presidential power.The New York Times - 1d -
China’s Geely sells Saxo Bank stake to Swiss private bank
Eight-year joint venture was a bet on Chinese capital markets opening up to the westFinancial Times - 1d -
How a hidden benefit of a Wells Fargo asset cap removal could save the bank billions
The bank paid $2.5 billion more in remediation efforts in 2023 than in 2018, which was a year before Charlie Scharf became CEO.CNBC - 1h -
Ramadan in the West Bank: Displacement and Despair
An Israeli military operation has uprooted tens of thousands of Palestinians who can’t break their fast in their own homes and don’t know when, or if, they will ever return.The New York Times - 2h -
Trump administration moves to drop Idaho emergency abortion case with national implications
The Trump administration is dropping an emergency abortion case in Idaho in one of the administration’s first moves on the issue since President Donald Trump's second term beganABC News - 6d -
As Measles Continues to Spread in Texas, Cases Jump in New Mexico
The outbreak has sickened nearly 200 people in Gaines County, Texas. A neighboring county in New Mexico has seen 21 new cases since Tuesday.The New York Times - 4d -
The Biggest US Banks Have All Backed Out of a Commitment to Reach Net Zero
In the lead up to the inauguration, the six largest US banks left a voluntary alliance with the UN to reach net zero by 2050. Now, critics are calling for new climate laws.Wired - 3d -
Stirtz, Banks lead Drake past Bradley 63-48 for third straight Missouri Valley championship
Bennett Stirtz scored 24 points, Tavion Banks added 13 and top-seeded Drake defeated No. 2-seed Bradley 63-48 to win Arch Madness for the third consecutive timeABC News - 1d -
Packers, OL Aaron Banks agree to 4-year, $77 million deal: Report
Jordan Love is getting another solid guard this fall. The Packers struck a four-year, $77 million deal to land 49ers offensive lineman Aaron Banks, according to the NFL Network.Yahoo Sports - 19h -
KPMG to merge dozens of partnerships in overhaul of global structure
Consolidation of subscale operations comes as Big Four firms re-examine operating modelFinancial Times - 1d -
Global sea ice reaches new record low
Yahoo News - 2h -
Trump administration to drop case against plant polluting Louisiana’s ‘Cancer Alley’
Biden-era suit sought to curb emissions of the carcinogen chloroprene at Denka plant formerly owned by DuPont. The Donald Trump administration has formally agreed to drop a landmark environmental ...The Guardian - 3d -
MoJ readies extra prison places in case summer riots happen again
Exclusive: Justice minister James Timpson says more cell capacity means emergency early release schemes won’t be needed. Prisons are being prepared to cope with a sudden influx of offenders in case ...The Guardian - 1d -
Measles case confirmed in Maryland resident who recently travelled abroad
A Maryland resident with recent international travel has confirmed to be infected with a case of measles. The Maryland Department of Health and Howard County health officials announced Sunday that ...The Hill - 1d -
Court upholds murder conviction in Fitbit murder case despite missteps by prosecutor
The Connecticut Supreme Court has upheld the murder conviction of a man found guilty of killing his wife in 2015, in a case that drew widespread attention because of evidence from the victim's ...ABC News - 1d -
Texas measles outbreak grows to nearly 200 cases; neighboring state reports dozens of illnesses
Officials in Texas said most of the state's cases were among patients who were not vaccinated.The Hill - 3d -
Trump’s USAid cuts will have huge impact on global climate finance, data shows
Campaigners say funding halt is a ‘staggering blow’ to vulnerable nations and to efforts to keep heating below 1.5C. Donald Trump’s withdrawal of US overseas aid will almost decimate global climate ...The Guardian - 1d -
Global stock markets register heavy falls as White House tries to talk up Trump tariffs
Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...The Guardian - 23h -
Russia launches devastating attack on Ukraine after Trump’s defence of Putin
Latest attacks came hours after Donald Trump said Vladimir Putin was ‘doing what anybody would do’. Russia launched a devastating attack on Ukraine on Saturday, killing at least 14 people and ...The Guardian - 3d -
Big majority of EU countries push for ‘concrete’ defence deal with UK
Also in this newsletter: Greenland votes on its futureFinancial Times - 13h -
'Time of illusions' on European defence is over, says EU chief
Yahoo News - 10h -
Von der Leyen says €150bn defence loans should be spent in Europe
Funds to be used on weapons from EU and like-minded European nations such as UK, Norway and SwitzerlandFinancial Times - 5h -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - 1d -
Here's why banks don’t want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last month.CNBC - 1d -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 7h
