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Migrant Crisis Series

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Tens and thousands of refugees from war in Middle East, Africa and parts of Asia such as Afghanistan are piling up on European shores, hoping for the better days. Flow of refugee is so great that European migrant crisis is taking shape to be a much larger crisis than originally thought. In spite of not being an economic crisis, it threatens to break the back bone of European unity, so we strongly feel it demands greater attention. Hence this series is dedicated to Europe’s new challenge – the refugees.

Migrant Crisis Series

Bad news for most vulnerable as court rules UK can restrict child benefit for EU migrants

Jun 20, 2016 07:05 am UTC| Insights & Views

As the campaign ahead of the UK referendum on EU membership reached its endpoint, the European Court of Justice (ECJ) declared that UK restrictions on the access that EU citizens have to child benefit and child tax credit...

Briferendum Series

Migrant Crisis Series

Briferendum Series: Exit won’t help Britain to escape refugee crisis

Jun 14, 2016 10:47 am UTC| Commentary

An exit by Britain on June 23rd, after British referendum over the stay in theEuropean Union, will not help Britain escape the current refugee crisis in Europe. As a matter of fact, it could be dragged deeper into the...

Migrant Crisis Series

Greek asylum decision exposes the major flaw in EU-Turkey refugee deal

May 31, 2016 14:09 pm UTC| Insights & Views

The Greek authority that handles appeals by asylum seekers recently overturned a decision to reject the application of a Syrian refugee who arrived in Greece from Turkey. The original decision had turned on the fact...

Migrant Crisis Series

Unemployment drops record low in Germany despite influx of migrants

May 31, 2016 09:06 am UTC| Commentary

Germanys May unemployment hit record low, despite a huge influx of migrants in to the Eurozones largest economy, signaling that the strongest labor market still persist in the country. German jobless claims fell more...

Migrant Crisis Series

Latest migration figures make no economic case for Brexit

May 27, 2016 16:14 pm UTC| Insights & Views

There is an increasing focus on migration in the build up to the EU referendum. It is arguably the key issue which Leave advocates feel confident of having majority support on. And headlines that proclaim migration to be...

Migrant Crisis Series

Fact Check: could someone be extradited without evidence under a European Arrest Warrant?

May 23, 2016 00:31 am UTC| Insights & Views Law

This warrant removes the presumption of innocence before guilt and leaves our nationals vulnerable to being extradited without the production of any prima facie evidence at all. Nigel Farage, leader of the UK...

Migrant Crisis Series

Greeks rally to help as EU-Turkey deal leaves migrants locked up in limbo

May 17, 2016 16:38 pm UTC| Insights & Views

Recent riots between groups of unaccompanied minors and police at the detention centre of Moria on the island of Lesbos are a stark reminder of the dire situation faced by more than 50,000 refugees from Syria, Afghanistan...

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Economy

US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says

U.S. efforts to strengthen the Japanese yen may offer only temporary relief as Japans fiscal policies, wide interest-rate gap with the United States, and preference for a weaker currency continue to pressure the yen,...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Trump Unveils $3 Billion U.S. Critical Minerals Push

President Donald Trump announced roughly $3 billion in U.S. government investments and financing for critical minerals, battery materials and mining projects, part of a broader effort to strengthen domestic production and...

Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls

Oil prices fluctuated on Friday and remained on course for sharp weekly declines as uncertainty surrounding a potential agreement to reopen the Strait of Hormuz continued to drive volatility across global energy markets....

Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease

Gold prices rallied sharply on Friday, putting the precious metal on track for its strongest weekly performance since late January as a weaker U.S. dollar, lower oil prices and softer Federal Reserve rate hike expectations...

Politics

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Senate Majority Leader John Thune Moves to Advance Crypto Clarity Act

U.S. Senate Majority Leader John Thune has taken a key step toward advancing the Clarity Act, a major cryptocurrency regulation bill that could establish the first comprehensive federal framework for the U.S. crypto...

Taiwan President Lai Oversees Coastal Strike Drills in Han Kuang War Games

Taiwan President Lai Ching-te observed coastal strike drills on Saturday as the island continued its annual Han Kuang military exercises, designed to strengthen Taiwans defence readiness against a potential Chinese attack....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...