Author: Emily Harper

Bank lending in Brazil lost additional momentum in August, as restrictive borrowing costs continued to dampen demand in Latin America’s largest economy. Central bank data show that 12-month credit growth eased to 10.1%, down from 10.8% in July, extending a gradual deceleration that has taken hold through 2025. Credit Growth Slows To A Year-Low Pace On a monthly basis, the stock of outstanding credit still inched up 0.5% from July, but the broader trend points to slower expansion as policy tightening filters through to households and companies. The central bank now projects annual loan growth of 8.8% for 2025, a…

Federal Troops Ordered Into Portland The political and legal battle over the use of military forces in U.S. cities escalated this week after President Donald Trump authorized the deployment of 200 Oregon National Guard troops under federal control. The order, signed by Defense Secretary Pete Hegseth, came as Oregon officials filed a lawsuit challenging the president’s move. Trump announced that the troops would be stationed in Portland to guard federal immigration facilities, which he described as under threat from “domestic terrorists.” He also stated that they were authorized to use “full force if necessary.” The announcement caught many Pentagon officials…

Overnight Disruptions at Key Sites Denmark is investigating a wave of drone incursions that disrupted airport operations and heightened national security concerns. The most serious incidents occurred overnight at Aalborg Airport, a facility that doubles as both a civilian hub and military base. Flights were halted for several hours as drones flew over restricted areas with their lights switched on, creating unease among travelers and staff. The disturbances were not limited to Aalborg. Similar drone activity was reported at Esbjerg, Sønderborg, and Skrydstrup — with Skrydstrup housing part of Denmark’s fighter jet fleet. The coordinated nature of the flights, which…

International aid organizations, long reliant on multilateral funding, are now facing intensified pressure. In recent months, several donor states have cut or withheld contributions to key United Nations agencies. As a result, non-governmental organizations (NGOs) and civil society groups are scrambling to adjust their strategies, diversify income streams, and forge new alliances as the traditional funding environment grows more hostile. Rising Strains on Global Assistance The cuts are especially severe in areas hit hard by conflict or climate emergencies. For instance, reductions in support to UNICEF, UNHCR, and the World Food Programme are hitting programs for children, refugees, and hunger…

Study Ranks Destinations by “Feel-Good” Metrics A new report from BookRetreats, a wellness-travel company, has designated Lisbon, Portugal as the happiest city for travelers worldwide. The ranking evaluated destinations based on a series of “feel-good factors,” including annual sunshine, walkability, public green space per capita, and local perceptions of light and noise pollution. Lisbon stood out in several areas. The city enjoys more than 2,800 hours of sunshine per year, and its urban fabric is compact and pedestrian-friendly, making strolls both pleasant and practical. The abundance of healthy restaurants throughout the city and a favorable balance of noise and ambient…

Europe’s Victory Overshadowed by Rowdy New York Crowd Rory McIlroy delivered a strong rebuke to fans at Bethpage Black after enduring a torrent of abuse during the Ryder Cup. Despite helping Europe secure a 15-13 victory over the United States, McIlroy said the heckling he faced crossed the line of what should be acceptable in golf. Over five matches, spectators targeted him with insults about his personal life, past defeats, and even his wife, who was struck by a cup of beer. “Golf should be held to a higher standard,” McIlroy told reporters, adding that the sport teaches respect and…

Former French president Nicolas Sarkozy has been sentenced to five years in prison, of which three are to be served, for his role in an illicit financing scheme tied to his 2007 presidential campaign. The court found sufficient evidence that as much as 100 million euros flowed from the regime of Muammar Gaddafi to support Sarkozy’s candidacy. Judges determined that multiple intermediaries and complex financial channels were used to funnel the money into France. This ruling comes in addition to a prior conviction: in 2021 Sarkozy was found guilty of corruption and influence peddling in a separate case, underscoring a…

Allegations and Settlement Framework Amazon has reached an agreement to pay $2.5 billion to resolve claims by the U.S. Federal Trade Commission that it employed deceptive techniques to enroll consumers into its Prime subscription service without clear consent. Under the settlement, $1 billion is earmarked as a civil penalty, the largest such penalty ever imposed by the FTC in a consumer-protection case. and $1.5 billion is designated for refunds to affected users. The FTC’s complaint contends that Amazon used design features such as ambiguous buttons, pre-checked boxes, and nested menu options during checkout to steer users into enrolling in Prime…

A Fossil Reinterpreted A million-year-old skull discovered in China is rewriting what scientists know about the origins of modern humans. The fossil, known as Yunxian 2, was originally classified as belonging to Homo erectus, a species considered to be a direct ancestor of Homo sapiens. However, new research using advanced digital reconstruction techniques suggests that the skull may instead belong to Homo longi, also called “dragon man,” a species closely related to the mysterious Denisovans. A Radical Revision of Human Evolution If confirmed, the findings would dramatically alter the timeline of human origins. The study suggests that by one million…

Brazilian waste management and environmental services group Ambipar has secured a court order that shields it from immediate debt enforcement actions, marking a significant development in its ongoing dispute with Deutsche Bank. A court in Rio de Janeiro granted a preliminary injunction preventing creditors from demanding accelerated repayment of loans or seizing collateral. The ruling comes after Deutsche Bank, acting as trustee for Ambipar’s green bonds, pressed the company to provide additional guarantees. According to the court filing, Ambipar argued that the bank’s demands posed an “imminent and concrete risk” to its financial stability and operations. The injunction now buys…