Author: Press Room

London seeks to support Kiev’s corruption-prone energy sector with a £210 million deal The UK will supply enriched uranium to Ukraine’s state nuclear energy company, Energoatom, under a £210 million ($280 million) deal aimed at supporting Ukraine’s power grid, the British government has announced.The arrangement, backed by UK Export Finance, will enable British-based Urenco to supply enriched uranium to Energoatom for the next two years, London said on Monday. The deal was agreed to by UK Prime Minister Keir Starmer and Ukrainian leader Vladimir Zelensky at Downing Street last week.According to the British government, the agreement is intended to “power…

Treasury Secretary Scott Bessent says preparations are underway. Preparations Underway Please note US Treasury secretary confirms plans for $250 bill featuring Trump’s face US Secretary of the Treasury Scott Bessent says preparations are under way to print a new $250 banknote featuring President Donald Trump’s face, with lawmakers to decide whether the bills will be put into circulation. US law bars any living person from appearing on US currency, but legislation was introduced last year to create an exception to allow current and former presidents to be featured. “I don’t think that there’s anything untoward about having the president of the…

China is building a weapon that could bring the United States to its knees without firing a single shot. It’s taking over global pharmaceutical development – and gaining unprecedented control of the medical innovations Americans depend on. Chinese companies account for nearly a third of drugs currently in development, and China recently surpassed the United States in conducting clinical trials. By 2040, China is projected to be responsible for over a third of new FDA approvals. If one of those trials produces a life-saving breakthrough – like a cancer cure or pandemic vaccine – China could hold it hostage to extract…

American consumers continued to expand their spending at a broad array of retail outlets in May, largely undeterred by rising gasoline prices. Retail sales jumped 0.9 percent in May, the Department of Commerce said Wednesday. Consumers increased their spending despite surveys suggesting distress. The University of Michigan’s survey of consumer sentiment hit an all-time low in May. A big driver of the increase came from higher gasoline prices. Sales at gas stations rose 3.4 percent in May and are up 26.4 percent compared with a year ago. In May, gasoline prices rose above $4.50 a gallon, a big increase from…

According to a report from talkSPORT, the champions of the 2026 FIFA World Cup will have the championship trophy presented to them in a very unique way, by the president of the United States. “The US president has already been told FIFA wish him to hand over the World Cup trophy to the eventual champions,” writes talkSPORT’s Ben Jacobs. “Sources say FIFA will leave it to Trump’s own discretion as to whether he wishes to stay in with the team during the lift or remain with other executives during the ceremony,” Jacobs reports. “White House insiders believe Trump will again…

The family of a Brazilian patient says doctors were overruled by a state-run bed-allocation system The family of a Brazilian woman who died after waiting several days for an intensive-care bed has blamed a new AI-powered state system for downgrading the severity of her condition and delaying her transfer.Rebeca Cardoso Tenente Molina, a 32-year-old psychologist from Minas Gerais, sought treatment earlier this month for what was believed to be gallstones. Her condition quickly deteriorated, and doctors soon concluded she needed urgent transfer to an intensive-care unit.However, the new state-run Core-MG bed-regulation platform reportedly failed to treat her case as critical…

Tesla CEO Elon Musk has vowed to sue German public broadcaster ZDF over a programme in which it accused the X owner of using his platform to encourage rioters in Belfast to “hunt migrants” in the wake of an attempted beheading allegedly committed by a Sudanese asylum seeker. Zweites Deutsches Fernsehen (Second German Television), one of two publicly-funded television networks in Germany, is facing the prospect of legal action from the world’s richest man. In an episode of its flagship ‘Today Live’ programme last week, discussing the role of social media in the recent riots in Northern Ireland, ZDF presenter…

A Nigerian high court judge on Monday ordered the national election commission to decertify five opposition political parties, including the leading challenger to President Bola Tinubu, the African Democratic Congress (ADC). The move will leave ballots looking considerably less crowded when the next election is held in January. ADC immediately rejected the order by Judge Peter Lifu, calling it a “direct invitation to anarchy.” “We actually don’t think it’s legal. What is unfolding is political. The courts is just the vehicle for promoting the political agenda. Everything is politics. What is at stake is not just the politics of African…

A key signal for future inflation eased in the past month, suggesting that businesses see the latest surge in prices as temporary. The Federal Reserve Bank of Atlanta’s monthly survey of where businesses see inflation going showed the median expectation is for unit costs to rise 2.3 percent over the coming year, down from 2.4 percent a month earlier. The survey of hundreds of businesses in six states was released on Wednesday. A year ago, businesses said they expected costs to rise 2.4 percent. In June of 2024, the expected inflation was 2.3 percent. Business expectations for inflation are seen…

Democrat congressional candidate Christina Bohannan is refusing to explain her controversial vote in the Iowa House, making it easier for sexual predators to get off the sex offender list. When asked to explain her vote, Bohannan – running in the Hawkeye State’s 1st Congressional District – ignored the question, refusing to answer. While Iowa has sex offenders facing restrictions, such as limitations on being near child-centric establishments such as daycares or school, Bohannan voted to make it easier for offenders to seek removal from the registry. This is not the first time she has refused to explain that vote, either. “Christina Bohannan…