Author: staff
Catastrophe bonds — as the name may suggest — aren’t for fledgling investors. Even so, these high-yield, high-risk securities are attracting growing interest as natural catastrophes intensify. First developed for the US market in the 1990s, cat bonds are issued by governments, insurers, or reinsurers to cover the costs of natural disasters. Investors buy the instrument in the hope that a payout won’t be triggered, meaning they’ll get their money back plus a return. Alternatively, in the case of a bond-triggering natural disaster, the issuer will keep the capital to cover the fallout. “From the perspective of insurers and reinsurers,…
Veit Medick: Merz scheitert an der Rente, Klingbeil an sich selbst – POLITICO Skip to main content
The recently leaked 28-point “peace plan” put forward by the United States and Russia included the creation of a humanitarian committee, which would be tasked with overseeing prisoner-of-war exchanges as well as the release of all civilian detainees and children. Ukrainian Nobel Peace Prize laureate and human rights lawyer Oleksandra Matviichuk told Euronews that in an earlier draft of the 28 points, the section on releasing illegally detained civilians, returning Ukrainian children, and exchanging prisoners of war was not written as a binding requirement for Russia. “It only mentioned a humanitarian committee that should deal with these issues. The more…
The budget makes specific mention of finding savings in “high-cost locations such as New York” — which could include a £12 million luxury apartment in the city bought for diplomats in 2019 to help negotiate trade deals with the United States following Brexit. The Foreign Office at the time said it secured the “best deal possible” for the seven-bedroom flat, which occupies the whole 38th floor of 50 United Nations Plaza and has a library, six bathrooms and a powder room. Earlier this year U.K. spending watchdogs the National Audit Office (NAO) and parliament’s own Public Accounts Committee (PAC) raised significant concerns over…
Published on 28/11/2025 – 5:30 GMT+1 US President Donald Trump says one of the two West Virginia National Guard troops shot by an Afghan national late on Wednesday evening near the White House has died. As part of a thanksgiving call with US troops, Trump announced that Specialist Sarah Beckstrom, who was only 20-years-old, had died in hospitals from injuries sustained in the shooting incident. “She’s just passed away,” Trump said. “She’s no longer with us. She’s looking down at us right now. Her parents are with her.” The president called Beckstrom an “incredible person, outstanding in every single way.”…
SAFE is meant to kick-start a European security renaissance, provide independence from the U.S. and give the continent the tools to defend itself against Russian aggression. The EU wants the U.K., with its large defense industry, in the tent. Britain wants in too — predicting benefits for its industry and its security. But so far, they’ve not been able to agree about cash. London has balked at the high price tag Brussels is demanding — ranging from €2 billion to €6.5 billion, but London is offering much less. While details on the alternative models being discussed are still sketchy, one…
Stardust has recently raised $60 million in finance from venture capital investors, mostly based in Silicon Valley and Britain. It is the largest ever investment in the field. The emergence of a well-funded, private sector actor moving aggressively toward planet cooling capability has led to calls for the global community to regulate the field. Citing POLITICO’s reporting, Labour MP Sarah Coombes asked the government: “Given the potential risks of this technology, could we have a debate on how Britain will work with other countries to regulate experiments with the earth’s atmosphere, and ensure we cooperate with other countries on solutions…
By Nathan Joubioux & Euronews Published on 27/11/2025 – 11:17 GMT+1 •Updated 11:18 Two inmates escaped from the Dijon prison detention centre’s disciplinary wing early Thursday after sawing through their cell bars with blades believed to have been delivered by drone, prosecutors said. The escapees are a 19-year-old under investigation for attempted murder and criminal conspiracy, and a 32-year-old accused of threats and aggravated habitual violence against a spouse, according to local media reports citing the Force Ouvrière union. The two, who then used blankets to jump the barbed wire fence, were in isolation without contact with the outside world, according to reports.…
Asked whether she meant to blame the outbreak of the war on Poland or the Baltic states, Merkel replied: “No. We all failed — I, everyone else — we all failed to prevent this war, including in our talks with the Americans.” In an October interview with Hungarian media outlet Partizán, Merkel noted the refusal by Poland and the Baltic states to permit direct talks between her, French President Emmanuel Macron and Russian President Vladimir Putin in response to Moscow’s troop buildup near the Ukrainian border in summer 2021. Baltic and Polish leaders reacted furiously to Merkel’s comments, perceiving it as partly blaming…
By Euronews Published on 27/11/2025 – 11:35 GMT+1 French authorities have detained three people on suspicion of working for Russian security services and conducting economic espionage, the Paris prosecutor’s office said. The suspects are accused of destabilising activities on French territory in Russia’s interests. A fourth person has been placed under judicial supervision. French media reported that the three suspects are members of the French-Russian organisation SOS Donbass. Among those detained is Anna Novikova, the organisation’s founder, who holds dual French-Russian citizenship. Vincent Perfetti, a Frenchman from Saint-Denis who serves as the group’s director, is also facing charges. In videos posted…