Author: Daniel snow

[ad_1] I don’t think it’s possible at this point to overstate how hellish life in Gaza has been over the past 20 months. The death count is above 50,000 people, more than 15,000 of whom were children. At least 1.9 million of the 2.1 million Gazans have been displaced and displaced and displaced. Many have been forced to flee homes or camps or shelters, some 10 times or more. [CLIP] Israel has decided to stop letting goods and supplies into Gaza. Starvation is everywhere. [CLIP] We’ve done that because Hamas steals the supplies. [CLIP] It’s been now one month that…

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[ad_1] Germany, Lower Saxony, Grohnde, Grohnde Nuclear Power Plant.Westend61German start-up Proxima Fusion on Wednesday announced it had raised 130 million euros ($148 million) in a record funding round, with investors hopeful the company can soon develop the world’s first commercial nuclear fusion power plant.The Series A financing round, which was co-led by investors Cherry Ventures and Balderton Capital, represents the largest private fusion investment round in Europe to date.The buzz around nuclear fusion has kicked into overdrive in recent years. Advocates say the technology, which is the process that powers the sun and stars, can play a pivotal role in…

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[ad_1] Andrea Orcel, chief executive officer of Unicredit, in London, UK, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty ImagesUniCredit CEO Andrea Orcel on Wednesday told CNBC that the share price of potential takeover target Commerzbank is currently too prohibitively expensive for a merger deal.UniCredit has built a surprise stake in Commerzbank of 28% since September through derivatives and has the European Central Bank’s authorization to hold up to 29.9% in the lender.When asked by CNBC’s Annette Weisbach whether the Italian bank would proceed with an acquisition offer at premium to Commerzbank’s current share value, Orcel said, “At this…

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[ad_1] (COMBO) This combination of pictures created on June 5, 2025 shows US President Donald Trump in the Oval Office of the White House, in Washington, DC, on May 5, 2025 and Elon Musk in the Oval Office of the White House in Washington, DC, on May 30, 2025. Alex Wroblewski | Afp | Getty ImagesTech billionaire Elon Musk on Wednesday said he regretted some of the social media posts he made about U.S. President Donald Trump last week during an explosive public dispute with his formerly close ally.The feud dissolved a tight partnership that had propelled Musk to spearhead…

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[ad_1] U.S. dollar bill.Catherine Mcqueen | Moment | Getty ImagesAsia’s shift away from the U.S. dollar is ramping up. A mix of geopolitical uncertainties, monetary shifts, and currency hedging is prompting a meaningful move toward de-dollarization across the region.”Trump’s erratic trade policy decisions and the dollar’s sharp depreciation are probably encouraging a more rapid shift towards other currencies,” said Francesco Pesole, FX strategist at ING.While the U.S. dollar continues to dominate global foreign exchange reserves, the share of the greenback has declined from more than 70% in 2000 to 57.8% in 2024. More recently, the greenback also saw a steep selloff…

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