AFP
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UN aid meeting seeks end to Global South debt crisis
More than 100 nations attending a UN aid conference pledged this week to help defuse the ticking time bomb of developing countries' ballooning debt, but deciding how is proving more divisive.
IMF urges Swiss to strengthen bank resilience
The International Monetary Fund on Tuesday urged Switzerland to strengthen the resilience of its banks and address the flaws exposed by the collapse of Credit Suisse. Credit Suisse, Switzerland's second-biggest bank, was among 30 international banks deemed too big to fail due to their importance in the global banking architecture.
Trump ramps up Musk feud with deportation, DOGE threats
Donald Trump and Elon Musk reignited their bitter feud Tuesday, with the US president threatening to deport the tech tycoon and strip federal funds from his businesses for criticizing Trump's flagship spending bill. And he has pledged to fund challengers against lawmakers who campaigned on reduced federal spending only to vote for the bill.
Trump says will 'take a look' at deporting Musk
US President Donald Trump said Tuesday he could consider deporting Elon Musk, after the South African-born billionaire slammed his flagship spending bill. We'll have to take a look," Trump told reporters at the White House when asked if he would consider deporting Musk.
Greece starts charging tourist tax on cruises
Greece on Tuesday began charging a tax on island cruise ships, the latest European effort to tackle soaring visitor numbers to the continent's most popular destinations. Greece adopted the legislation last year in an effort to curb soaring tourist numbers to often-overcrowded destinations, the latest country in Europe to take such measures.
US Senate push to pass Trump's unpopular spending bill enters second day
Republican senators struggled Tuesday for a second day to pass President Donald Trump's flagship spending bill, which would slash welfare programs for the poor while adding an eye-watering $3 trillion to the national debt. And even with the spending cuts, the bill would still add more than $3.3 trillion to the nation's already yawning budget deficits over a decade.
UK govt faces major rebellion in welfare vote
UK Prime Minister Keir Starmer faced the most serious internal rebellion of his year-long premiership on Tuesday with MPs set for a close vote on welfare reforms that have already forced a damaging climbdown. The prime minister has a massive majority of 165 MPs, meaning he should be able to force whatever legislation he wants through parliament.
Indian capital bans fuel for old cars in anti-pollution bid
India's capital banned fuel sales to ageing vehicles on Tuesday as authorities try to tackle the sprawling megacity's hazardous air pollution. The ban that came into force on Tuesday seeks to keep them off the roads by barring them from refuelling.
CBEX crypto scam: AI-hyped Ponzi scheme defrauds African investors
Embarrassed and in debt, Edwin was left reeling after losing $16,000 to CryptoBridge Exchange (CBEX), one of the crypto-trading platforms preying on investors in Africa. CBEX collapsed in April, leaving scores of investors like Edwin ruined, mainly in Kenya and Nigeria, according to media reports.
AFP
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