New assessment signals that climate risk has shifted from a long-term environmental concern to an immediate financial and economic challenge The Bank of England has issued one of its clearest warnings yet that climate change now poses an increasingly immediate threat to financial stability, cautioning that banks, insurers and investors
OpenAI has discussed granting the U.S. government a 5 percent ownership stake in the company, according to a breaking report from the Financial Times, in a proposal that would mark one of the most significant alignments yet between a frontier artificial intelligence company and the federal government. OpenAI CEO Sam
Finland’s IQM becomes the first European quantum computing firm to list on a major U.S. exchange, signaling a new phase in the race to build quantum infrastructure Europe’s quantum ambitions have reached Wall Street. IQM Quantum Computers, the Finland-based superconducting quantum computing company, has completed its business combination with Real
Washington’s decision could reshape the future of African-led security operations The future of Somalia’s African Union peacekeeping mission has been thrown into uncertainty after the United States said it would no longer support United Nations logistical assistance to the mission beyond the end of 2026, raising concerns that one of
A fast-moving Ebola outbreak in Central and East Africa is no longer only a public health emergency. It is rapidly becoming a development crisis. A new assessment from the United Nations Development Programme warns that the current Ebola Virus Disease outbreak could cost African economies up to $3.6 billion, push
SEOUL — South Korea has unveiled one of the world’s most ambitious technology investment strategies, committing approximately $1 trillion toward expanding its semiconductor manufacturing, artificial intelligence infrastructure, and robotics capabilities in a sweeping effort to secure its position at the forefront of the global AI revolution. Announced Monday by President
The question of how governments tax the digital economy, and how they finance the public services their citizens increasingly depend on, has quietly become one of the defining fiscal contests of the decade. Washington has now signaled that it intends to fight that contest with tariffs. President Donald Trump on
The twin earthquakes that struck northern Venezuela on June 24 have become one of the country’s deadliest natural disasters in more than a century, leaving hundreds dead, thousands injured, and rescue teams racing against time to find survivors beneath collapsed buildings. The two earthquakes—measuring 7.2 and 7.5 in magnitude and
Europe is confronting one of the most severe heat emergencies in its modern history, as record-breaking temperatures sweep across the continent, overwhelming hospitals, disrupting transportation, closing schools, and forcing governments to activate the highest levels of emergency response. What was once considered an extraordinary weather event is increasingly becoming a
As governments around the world rethink how to safeguard critical industries amid intensifying geopolitical competition, Portugal is preparing to join a growing number of nations deploying sovereign wealth funds as instruments of long-term economic strategy. Prime Minister Luís Montenegro has announced plans to establish a Portuguese sovereign wealth fund designed
