Major NYC Storm Could Trigger $100B Insurance Loss — KCC
A single catastrophic hurricane making landfall at the wrong point along New York’s coastline could generate more than $200 billion in insured losses — a figure that would dwarf anything the American insurance industry has absorbed from a single weather event and that reflects the staggering concentration of insured wealth packed into one of the […]
Trump Labor Chief Chavez-DeRemer Leaves White House
Lori Chavez-DeRemer became the third member of Donald Trump‘s Cabinet to lose her position Monday, departing the Labor Department under a cloud of misconduct allegations that had been accumulating since January and that ultimately proved too heavy for an administration whose initial denials had grown progressively quieter as each new report landed. The White House […]
Ex-Algerian Minister Imprisoned In High-Profile Graft Case
Algeria’s former industry minister walked out of a courtroom Monday with a five-year prison sentence and the distinction of being the latest prominent official to discover that Abdelmadjid Tebboune’s anti-corruption campaign has a longer arm than his predecessors ever allowed. Ali Aoun, who held the industry portfolio from 2022 to 2024, was convicted on charges […]
Japan Ends Weapons Export Ban In Historic Policy Reversal
Japan crossed a threshold on Tuesday that its post-war constitution was specifically written to prevent it from crossing — announcing that it would lift the ban on exporting lethal weapons including fighter jets, missiles and warships, in the most significant dismantling of the country’s pacifist defence posture since the Second World War ended eight decades […]
Jonathan Hits Back At Atiku: ‘I Did My Best As President’
Goodluck Jonathan does not appear to be a man who enjoys being described as inexperienced, particularly by someone who has spent three decades trying and failing to become president. The former Nigerian president pushed back Monday at an Abuja awards ceremony, responding without naming Atiku Abubakar directly but with enough precision that nobody in the […]
Iran War: Symptom Of Political Failure, Mamdani Claims
Zohran Mamdani sat down with NBC’s Meet the Press on Sunday and described his relationship with Donald Trump — a man who had called him a city destroyer on social media 24 hours earlier — as honest, direct and productive, with the unbothered delivery of someone who has decided that governing requires holding contradictions without […]
Goldman Prize 2026: Six Women Recognized For Green Activism
For the first time in its 37-year history, the Goldman Environmental Prize has awarded all six of its annual prizes to women — a milestone for a distinction sometimes called the Green Nobel, honouring grassroots activists whose campaigns have stopped oil drilling, blocked mining projects, won landmark court rulings and protected endangered species across six […]
NZ Capital Residents Urged To Leave Ahead Of More Flooding
Wellington declared a state of emergency Monday after record rainfall overwhelmed the New Zealand capital overnight, flooding homes, triggering landslides and sending emergency crews across the region on more than 150 callouts as authorities warned a second weather system was already moving in. The city received 77 millimetres of rain in less than an hour […]
Crude Prices Jump On Uncertain US-Iran Negotiation Outlook
Oil prices jumped nearly seven percent Monday as the United States and Iran careened toward renewed open conflict, with weekend attacks on commercial shipping, a seized Iranian vessel and a collapsing ceasefire combining to erase the brief optimism that had sent crude prices crashing just 72 hours earlier. West Texas Intermediate futures rose to $89.53 […]
US Captures Iranian Vessel Attempting Blockade Run — Trump
US Marines rappelled from helicopters onto an Iranian cargo ship in the Gulf of Oman on Sunday, disabling its engines with naval gunfire after a six-hour standoff and seizing the vessel in the most dramatic escalation of the maritime conflict since America’s blockade of Iranian ports began — an act Tehran immediately called piracy and […]
Radev Claims Bulgaria Election Win Based On Early Tallies
Bulgaria woke Monday to a political landscape transformed, with pro-Russian former president Rumen Radev’s Progressive Bulgaria party commanding nearly 45 percent of the vote after partial results — a performance that shattered opinion poll projections, humiliated parties that have dominated the country for a generation, and raised immediate questions about where a NATO member sitting […]
Eight-Year Rift Heals As Mexico President Visits Spain
Mexico and Spain took a significant step toward normalising a relationship that had soured into near-silence for years, as President Claudia Sheinbaum met Prime Minister Pedro Sanchez in Barcelona on Saturday in the first visit by a Mexican head of state to Spain since the Morena party came to power in 2018. The meeting on […]