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development bank

Venezuela's Money Troubles: What's Next?

December 18, 2025

Venezuela is in a tough spot. The U. S. has put a blockade on oil tankers, which is their main way of making money. This move is part of a bigger plan to put pressure on President Nicolas Maduro's government. The U. S. has been doing a lot to make things difficult for Maduro, like building up their

crime

A Deadly Crash: U. S. Takes Responsibility

December 18, 2025

In a significant legal move, the U. S. government has accepted blame for a fatal mid-air crash. The incident involved an Army Black Hawk helicopter and an American Airlines plane over the Potomac River. This collision resulted in the deaths of all 67 people on board both aircraft. The Justice Depar

business

Trouble in the Subprime Auto Loan World: Executives Face Fraud Charges

December 18, 2025

The subprime auto loan industry is under scrutiny after a major player, Tricolor Auto, went bust in September. The company's downfall raised eyebrows on Wall Street, sparking worries about the health of the industry as a whole. Fast forward to December, and federal prosecutors in New York have made

business

Big Money Moving: Angola's Railway Gets a Major Upgrade

December 18, 2025

Angola is getting a serious boost in transportation with a huge loan deal. A group of companies and the U. S. International Development Finance Corporation just signed a $553 million loan to fix up a big railway line. This isn't just any railway—it's part of the Lobito Corridor, a super important ro

politics

Europe's Big Move: Using Russia's Frozen Money for Ukraine

December 18, 2025

Europe is thinking about using Russia's frozen money to help Ukraine. This is a big deal because it's never been done before. Some countries, like Belgium, are not happy about it. They think it's risky and might cause problems. The European Union (EU) has a lot of money from Russia frozen in its ba

business

Oracle's Michigan Data Center Deal: A Strategic Shift

December 18, 2025

Oracle Corp. has confirmed that the final talks for an equity agreement regarding their Michigan data center project are progressing as planned. Interestingly, Blue Owl Capital, a company known for financing large-scale data center projects, is not involved in this particular deal. This decision wa

technology

KULR Technology Group's Big Move in AI Data Centers

December 18, 2025

KULR Technology Group, Inc. made waves in the tech world recently. Their stock went up and then down. This happened after they announced a new partnership. The partnership is for AI data center power systems. The company is teaming up with a global cell manufacturer. Together, they will create a ne

politics

Tech's Growing Grip: A Look at Digital Control

December 18, 2025

Around the world, technology is tightening its hold on our lives. Cameras scan faces, phones track movements, and social media posts are monitored. It's like living in a world where privacy is a thing of the past. The rise of AI is making it easier for authorities to watch and control us. Here are s

business

Cocoa Prices Drop as West Africa Sees Good Weather

December 18, 2025

Cocoa prices took a dip recently. Why? Good weather in West Africa is making cocoa trees happy. Farmers in Ivory Coast and Ghana say the mix of rain and sun is just right. This means more cocoa pods, which means more supply. More supply usually means lower prices. But wait, there's more to this sto

crypto

U. S. Lawmakers Move Closer to Crypto Regulation

December 18, 2025

The U. S. Senate is making progress on crypto regulations. Recent meetings between Democrats and Republicans show a push for a market-structure bill. This could be a big step for the crypto world. Macquarie, an investment bank, thinks these talks are important. They could lead to a deal that shapes