latest news in global

Spain's Unique Immigration Policy Sparks Economic Growth

Spain's Unique Immigration Policy Sparks Economic Growth

Madrid, Tuesday, 18 February 2025.
Spain’s innovative immigration approach drives economic growth, boosting GDP and reducing unemployment to a 16-year low, as highlighted by Spain’s prime minister and economists.

Friedrich Merz Warns of Impending EU Financial Crisis as German Election Nears

Friedrich Merz Warns of Impending EU Financial Crisis as German Election Nears

Berlin, Tuesday, 18 February 2025.
German politician Friedrich Merz warns of a potential EU financial crisis, citing excessive government debt, just days before Germany’s federal election on February 23, 2025.

Surge in Western Investments Revitalizes Ukrainian Defense Tech Sector

Surge in Western Investments Revitalizes Ukrainian Defense Tech Sector

Kyiv, Tuesday, 18 February 2025.
Ukrainian defense tech startups gain momentum as Western investors flood in, quadrupling venture capital deals since 2022-2023 market stagnation, transforming Ukraine’s geopolitical investment landscape.

2025 Weather Events Trigger Sharp Rise in Food Prices

2025 Weather Events Trigger Sharp Rise in Food Prices

London, Monday, 17 February 2025.
In 2025, food costs are becoming erratic due to extreme weather, with cocoa and coffee prices having doubled, reflecting ongoing climate-induced disruptions in supply chains.

TotalEnergies and ENI Partner with Cyprus and Egypt for Gas Export

TotalEnergies and ENI Partner with Cyprus and Egypt for Gas Export

Cairo, Monday, 17 February 2025.
The agreement enables gas export from Cyprus’ Block 6 via Egypt to Europe, leveraging existing Egyptian infrastructure, and boosting Cyprus as a gas hub in the Eastern Mediterranean.

Make-A-Wish International Launches in Tanzania to Grant Dreams of Critically Ill Children

Make-A-Wish International Launches in Tanzania to Grant Dreams of Critically Ill Children

Tanzania, Monday, 17 February 2025.
Make-A-Wish International partners with Tumaini La Maisha to extend its life-changing services to Tanzania. The program, launched on 16 February 2025, supports children with critical illnesses.

Japan's Economy Faces Slow Growth Despite Strong Fourth Quarter

Japan's Economy Faces Slow Growth Despite Strong Fourth Quarter

Tokyo, Monday, 17 February 2025.
Japan’s GDP grew only 0.1% in 2024, despite a stronger final quarter, due to a depreciated yen driving inflation and straining household spending. Economic challenges persist into 2025.

High Electricity Costs Threaten AI Growth in Cambridge

High Electricity Costs Threaten AI Growth in Cambridge

Cambridge, Sunday, 16 February 2025.
Rising electricity prices may impede AI industry progress in Cambridge. Experts emphasize renewable energy investments to support AI’s long-term advancement and bolster technological innovation.

Renewable Energy Costs Projected to Outperform Carbon Capture by 2050

Renewable Energy Costs Projected to Outperform Carbon Capture by 2050

Washington D.C., Sunday, 16 February 2025.
A recent study suggests that transitioning completely to renewable energy by 2050 is more cost-effective and beneficial for both the environment and public health compared to carbon capture.