World & Politics
JPMorgan to pay $290M to Jeffrey Epstein’s victims - 06/14/2023
JPMorgan Chase Bank has agreed to pay $290 million to resolve a class action lawsuit brought by Jeffrey Epstein's sexual assault victims. This information was provided by victims' attorneys to The Wall Street Journal. In a complaint filed last November, victims of sexual abuse by Jeffrey Epstein charged JP Morgan and Deutsche Bank with aiding the American financier's illegal actions. The...
ICAN: Global nuclear spending reaches $82.9B in 2022 - 06/13/2023
According to a research by the International Campaign to Abolish Nuclear Weapons (ICAN), global spending on nuclear weapons increased to $82.9 billion in 2022, with the United States spending more than all other nuclear countries combined. Nine nations (with nuclear weapons) spent $82.9 billion on nuclear weapons, at least $29 billion of which was made by the private sector in 2022. With $43.7...
Iran sets up paramilitary patrol to combat abortions - 06/08/2023
A pregnancy can only be legally ended in Iran if the mother's life is in danger or if the fetus is found to have genetic problems, according to the country's Ministry of Health, which has announced formation of a special paramilitary patrol to combat unlawful abortions. A special "abortion patrol" made up of paramilitary Basij volunteers has been established in Iran to combat unauthorized...
Smoke from wildfires in Canada engulfs the US east coast - 06/08/2023
Much of the US east coast now has significantly worse air quality due to wildfires raging in Canada. The US National Weather Service has issued warnings about the danger of such air to vulnerable persons. Yesterday, New York was recognized as having the second-worst air quality in the entire globe. Earlier this week, the city was ranked top by the IQAir service, surpassing even the established...
World Bank improves global economy forecast 2023 - 06/07/2023
The World Bank increased its forecast for GDP growth in 2023 from the 1.7 percent anticipated in January to 2.1 percent. The World Bank (WB) has slightly increased its forecast for global economic growth in 2023, now anticipating a 2.1% growth in GDP rather than the 1.7% predicted in January. This is in line with the organization's most recent report on the state of the world economy. According...
WWF: Earth has exceeded "planetary limit" for plastic waste - 06/06/2023
According to a report by the World Wide Fund for Nature (WWF) released on Monday in honor of World Environment Day, the Earth has reached the "planetary limit" on chemical pollution and plastic waste. The report urges swift action to increase separate garbage collection in order to recycle consumer plastic waste more thoroughly. "With a global recycling rate of less than 10%, plastic recycling...
FT: France does not support opening NATO office in Japan - 06/06/2023
French President Emmanuel Macron has objected to NATO’s proposal to establish a presence in Tokyo. The office might be the alliance's first representative in the Indo-Pacific area, but sources told the newspaper that France's stance has complicated a conversation that has been going on within NATO for months. According to the Financial Times, the U.S. and Japan have pushed Europe to take a more...
Turkey raises base cost of passage through Turkish straits - 06/05/2023
The cost for ships to transit through the Bosphorus and Dardanelles straits increased by 8.3% in Turkey. It will be reviewed once a year, at the end of June. The cost to cross the Turkish straits from the Black Sea to the Mediterranean Sea has increased, Turkey's Ministry of Transport and Infrastructure stated. The charge will rise by 8.3%, from $4.08 to $4.42. According to the 1936 Montreux...
FT: EU plans to provide financial assistance to Ukraine until 2027 - 06/02/2023
According to the Financial Times, which cites EU officials and diplomats, the European Commission is creating a new plan of financial aid to Ukraine worth "tens of billions of euros" that will last until 2027. It is anticipated that the four-year plan's provisions would be completed by the time of the conference on the reconstruction of Ukraine, which will be held in London on June 21–22. The...
Poland urges the EU to impose sanctions on Belarus - 05/31/2023
Warsaw is pushing Brussels to penalise Belarus in a similar manner as Russia, told Andrzej Sados, the Polish ambassador to the EU. "Poland raised the issue of Belarus, the need to immediately impose sanctions on Belarus, at today's meeting of the General Affairs Council," he said. "We informed about the government decisions that were taken yesterday concerning the imposition of sanctions on 365...