Author: Justin M. Larson

EPAPresident Macron said the new form of voluntary service was an “act of trust in our youth”A limited form of military service will be re-introduced in France in response to growing fears of a confrontation with Russia.More than 25 years after conscription was phased out, the plan will see young men and women volunteering for a paid 10 months of military training.”The only way to avoid danger is to prepare for it,” President Emmanuel Macron said while announcing the plan at an infantry base near Grenoble in south-east France. “We need to mobilise, mobilising the nation to defend itself, to…

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Boaz Weinstein is calling for the removal of the entire board of a tech-focused fund managed by Baillie Gifford, in a bid to reverse what the activist investor sees as “unprecedented” value destruction.In a letter to the Edinburgh Worldwide Investment Trust’s board on Thursday, Weinstein — whose activist investment firm Saba Capital owns around 30% of shares in the trust — said the board has “objectively and categorically failed” to deliver the performance expected by shareholders.EWIT’s portfolio comprises a global mix of smaller and emerging public and private companies focused on tech innovation and transformation, that target “significant disruptive growth…

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Venezuela has banned six major international airlines from landing in the country after they failed to meet a 48-hour deadline to resume flights there.The airlines had temporarily suspended their routes into the capital, Caracas, after the US warned of “heightened military activity” in the area as its forces ramp up pressure on Venezuelan President Nicolás Maduro.Angered by this, the Venezuelan government issued the carriers with an ultimatum that expired on Wednesday. While a number of smaller airlines continue to fly to Venezuela, thousands of passengers have been affected.The US warning comes as it builds up its military presence in the…

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Firefighters walk near residential buildings that continue to burn at Wang Fuk Court in the Tai Po district on Nov. 27, 2025 in Hong Kong, China.Isaac Lawrence | Getty Images News | Getty ImagesChinese private firms pledged tens of millions of dollars to support rescue and relief efforts after a deadly residential fire in Hong Kong killed at least 55 people and left hundreds missing.Alibaba Group and its affiliate Ant Group together committed 30 million Hong Kong dollars to support fire relief efforts. Alibaba founder Jack Ma, one of the most recognizable Chinese entrepreneurs, also pledged $30 million through his…

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The logo of Puma SE displayed in the window of the flagship store in Berlin, Germany, on Wednesday, March 1, 2023. Puma forecast slower profit growth as new Chief Executive Officer Arne Freundt confronts excess inventory and higher costs for marketing sneakers and apparel. Photographer: Krisztian Bocsi/Bloomberg via Getty ImagesBloomberg | Bloomberg | Getty ImagesPuma shares jumped more than 13% Thursday following a report that China’s Anta Sports is among a number of firms looking to buy the German athletic brand.Puma may also attract interest from Chinese apparel firm Li Ning and Japan’s Asics Corp, Bloomberg reported, citing unamed sources.Puma…

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This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here.The big storyIndia lives in contradictions — think landing a spacecraft on moon but not getting basic infrastructure right, or being the world’s fastest growing economy that has millions struggling to make ends meet. The country’s labor market is yet another area emblematic of that paradox. While big businesses have bemoaned rigid labor market laws in the country, several startups have fast become unicorns, making use of the flexibility that came with employing vast armies of gig…

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Europe, with its fragmented markets, is often said to be operating in the shadow of the U.S. and China when it comes to scaling AI. But the very factors that challenge its growth as a major player may yet give it an edge when it comes to future-proofing the critical warehouses that power the AI boom.The world is racing to double, if not triple, the entire data center capacity that has been built over the last forty years, Pankaj Sachdeva told CNBC, McKinsey senior partner in technology, with McKinsey estimating that build-out will cost up to $7 trillion by 2030. He expects the U.S. to account for the lion’s…

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Rayhan DemytrieCaucasus correspondentNurPhoto via Getty ImagesHundreds of protesters turn out every night, a year after pro-European demonstrations began”I’m standing for the future of this country,” says Giorgi Arabuli, who has taken part in protests on the streets of Georgia’s capital Tbilisi almost every night since they began a year ago.Mass demonstrations were met with violent police crackdowns as tens of thousands of Georgians turned out, angered by Prime Minister Irakli Kobakhidze’s decision on 28 November 2024 to call a four-year halt on moves towards joining the EU.”I’m from the generation of the 1990s. I’ve seen those dark times after the…

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Matías Zibell GarcíaBusiness reporter, Añelo, ArgentinaMatías Zibell GarcíaThe Argentine town of Añelo has a bull statue that symbolises the region’s economic potentialMechanic Fabio Javier Jiménez found himself in the right place at the right time.When his father moved their family-owned tyre repair shop to the rural Argentine town of Añelo, it was a small, sleepy place, some 1,000km (600 miles) southwest of Buenos Aires.There was no mains water or gas, and the electricity supply was constantly being cut off.Then in 2014, fracking for oil and gas started in the surrounding region, and the conurbation boomed.”We set up the tyre repair…

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Pope Leo XIV is beginning the first foreign trip of his papacy. Over the next six days he will first visit Turkey for an historic Christian anniversary. He will then visit Lebanon just days after Israeli airstrikes on its capital, Beirut.Visits to both countries had originally been planned by the late Pope Francis, but the overarching theme – building bridges – is one Pope Leo has made his own from the moment he stepped onto the balcony of St Peters Basilica after his election in May.In the first six months of his papacy, he has conveyed a sense of being…

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“At least 67 children have been killed since the ceasefire,” Annalena Baerbock, president of the UN General Assembly, said on Tuesday at an event to mark the International Day of Solidarity with the Palestinian People.“The people in the occupied West Bank, including East Jerusalem, also endured unspeakable hardship amidst Israeli military operations, settler violence, settlement expansion, evictions, and demolition,” underscored Courtenay Rattray, Chef de Cabinet, speaking on behalf of the UN Secretary-General. The International Day is observed annually on 29 November – the day in 1947 that the UN General Assembly adopted a resolution on partitioning Palestine into two independent States, one Arab and one Jewish.The UN stands by a simple truth: the Palestinian people have the…

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If a jeans advert hinting at actress Sydney Sweeney’s “good genes” sent the internet into a frenzy over eugenics – how about one for a company that’s actually selling good genes?Posters have appeared on the New York subway offering would-be parents the opportunity to “genetically optimise” their future baby. By signing up to their $8,999 (£6,800) service, Nucleus Genomics will profile the full DNA sequence of up to 20 embryos for couples undergoing IVF.The New York start-up’s slick app then allows would-be parents to review their brood for known disease genes, conditions like autism and ADHD, as well as traits…

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UN Women’s Chief of Humanitarian Action Sofia Calltorp, who just returned from a visit to the enclave last week, said that women there repeatedly told her “there may be a ceasefire, but the war is not over”.“The attacks are fewer, but the killings continue,” she said. The UN aid coordination office, OCHA, warned on Monday that hostilities continued to be reported in various parts of the Gaza Strip, causing destruction, displacement and casualties.UN Children’s Fund (UNICEF) said last week that since the Hamas-Israel pause in fighting was announced on 10 October, children were being killed in attacks in the enclave…

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Briefing reporters in New York on Wednesday, UN Spokesperson Stéphane Dujarric said hostilities in parts of the Gaza Strip are still resulting in casualties and repeated disruptions to humanitarian operations.On Tuesday, the UN and its partners coordinated eight planned humanitarian movements inside Gaza with Israeli authorities. Of those, only one movement was facilitated, while the remaining seven were impeded, denied or cancelled.Despite the challenges, UN teams managed to collect more than 200 pallets of medicine and five tankers of fuel from the Kerem Shalom/Kerem Abu Salem crossing. Additional tents were also retrieved from the Kissufim crossing.“Every delivery into Gaza makes…

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