The analysis presented by Rabah Arezki and colleagues highlights a significant shift in the understanding of foreign aid dynamics, conceiving aid as a manifestation of donor states’ self-interest rather than pure altruism. The authors particularly scrutinize the relationship between foreign aid and major natural resource discoveries in recipient countries, presenting…...

As the holiday season approaches, car dealerships are gearing up for a wave of promotions and deals to attract shoppers. With the year coming to an end, many manufacturers launch end-of-year sales designed to clear inventory and drive sales. Along with taking advantage of promotional events, it is also practical…...

In recent months, revelations about various environmental and scientific phenomena have drawn attention to the urgency of mitigating climate change and understanding biodiversity. A noteworthy discovery was that of a bioluminescent sea creature in the ocean’s deep, dark “midnight zone.” This organism, unprecedented in its functionality and genetic makeup, underscores…...

The current geopolitical landscape, shaped significantly by perceived threats from figures like Donald Trump and the ongoing crises related to energy dependency on Russia, has spurred the European Union (EU) to ramp up military spending, predominantly benefiting U.S. arms manufacturers. European Commission President Ursula von der Leyen’s proposals reflect a…...

Glencore and Chandra Asri are preparing to finalize their acquisition of Shell’s prominent Singapore refinery, a significant move in the energy sector that involves the creation of a new operating company. This joint venture, known as CAPGC, is predominantly owned by Chandra Asri, an Indonesia-based petrochemicals firm. Reports indicate that…...

In a significant regulatory development, Japan’s Nuclear Regulation Authority (NRA) has formally declared the Tsuruga No. 2 reactor in the country’s north-central region “unfit” for a restart, marking the first rejection under the stringent safety standards instituted after the Fukushima disaster in 2011. The decision represents a considerable setback for…...

SoftwareOne Holds Steady Amidst Financial Challenges and Strategic Moves SoftwareOne Holding recently reported its third-quarter results, revealing a modest sales increase of 1.4%. This growth brought the company’s revenues to 236.7 million Swiss francs (approximately $268.06 million). However, the financial health of the organization is painted with caution, as its…...

In his extensive historical review, John Ruehl addresses the complexities and challenges of republics, specifically contrasting the self-perception of democracy in various global contexts, including China and the United States. Notably, a 2022 study revealed that a significant majority of Chinese respondents—83%—identified their system as democratic, while only 49% of…...

Japan’s Mizuho Financial Group has announced plans to acquire a 15% stake in Rakuten Card, a subsidiary of Rakuten Group, for 165 billion yen (approximately $1.06 billion). This move marks a significant step in deepening the strategic alliance between Mizuho and Rakuten. The share transfer is scheduled for December 1.…...

In a groundbreaking development in the telecommunications and artificial intelligence landscape, leading chipmaker Nvidia and SoftBank Corp, the telecommunications arm of SoftBank Group, have successfully piloted the world’s first network that integrates artificial intelligence (AI) with 5G technology. This innovative network is designed to perform AI and 5G workloads simultaneously,…...

In a recent cybersecurity alert, a private cybersecurity firm, Recorded Future’s Insikt Group, revealed that two websites linked to the Tibetan community have been compromised by a hacking group believed to be state-sponsored by China. These hacked sites, the Tibet Post and Gyudmed Tantric University, were infiltrated as part of…...