NEARLY 60,000 UK HOUSEHOLDS SOUGHT HELP AMID SOARING ENERGY COSTS

Sun 12 January 2025: Nearly 60,000 people in England and Wales sought help as energy bills soared by 20% over the past year, according to a network of charities on Friday. Citizens Advice revealed that it supported 60,000 households struggling to cope with the spiraling cost of gas and electricity – double the figure recorded […]

Continue Reading

EU COMMISSION PRESIDENT VON DER LEYEN NOT INVITED TO TRUMP’S INAUGURATION

Sat 11 January 2025: European Commission President Ursula von der Leyen has not been invited to the Jan. 20 inauguration of incoming US President Donald Trump, an EU Commission spokesperson said on Friday. Asked by an Anadolu reporter about EU-US ties, Paula Pinho cited a social media message by von der Leyen and European Council […]

Continue Reading

YOUTUBERS SELLING UNUSED VIDEO FOOTAGE TO AI COMPANIES: REPORT

Sat 11 January 2025: YouTubers and other digital content creators are selling their unused video footage to artificial intelligence (AI) companies seeking exclusive videos to better train their AI algorithms, oftentimes netting thousands of dollars per deal, Bloomberg News on Friday cited industry source. “OpenAI, Alphabet Inc.’s Google, AI media company Moonvalley and several other […]

Continue Reading

GLOBAL ECONOMY TO GROW 2.8 PERCENT IN 2025, BELOW PRE-PANDEMIC PACE: UN

Sat 11 January 2025: Global economic growth is projected to remain at 2.8 percent in 2025, unchanged from last year, according to a UN report released on Thursday. Despite falling inflation, improving labor market conditions, and monetary easing, global growth is predicted to remain below the pace seen before the pandemic, and the world economy […]

Continue Reading

EU TRANSFERS $3 BILLION TO THE UKRAINE FROM FROZEN RUSSIAN ASSETS

Fri 10 January 2025: Ukraine’s Finance Ministry announced on Friday that it has secured 3 billion euros (about 3.09 billion U.S. dollars) from the European Union (EU) backed by the revenues of the frozen Russian assets. The funds are part of the EU’s contribution to the Group of Seven (G7) Extraordinary Revenue Acceleration for Ukraine […]

Continue Reading

LOSSES FROM THE LA WILDFIRES EXCEED $50 BILLION AS AUTHORITIES CONFIRM 10 DEATHS

Fri 10 January 2025: Thousands of homes have been destroyed by nearly a half-dozen wildfires tearing through Los Angeles communities Thursday evening as the grim death toll was confirmed to have risen to 10. The remains of two victims of the Palisades Fire were found as authorities continue their search, multiple news outlets quoted the […]

Continue Reading

US BILLIONAIRE MUSK REAFFIRMS STRONG ELECTORAL SUPPORT FOR GERMANY’S FAR-RIGHT AFD PARTY

Fri 10 January 2025: US tech billionaire Elon Musk on Thursday reiterated his strong support for the far-right Alternative for Germany (AfD) party ahead of the Feb. 23 general elections in Germany. “If you are unhappy with the situation, you must vote for change. And that is why I’m really strongly recommending that people vote […]

Continue Reading

RUSSIA SAYS CLOSELY WATCHING TRUMP’S GREENLAND CLAIMS

Fri 10 January 2025: Europena Union foreign policy chief Kaja Kallas says that Greenland’s sovereignty must be respected. Russia is closely monitoring Donald Trump’s territorial claims to Greenland, Kremlin spokesperson Dmitry Peskov has said, after the US president-elect refused to rule out the possibility of using military force to acquire the Danish territory. “We are […]

Continue Reading