Canada's top financial watchdog has decided to keep the extra safety net for the country's six largest banks at the same level. This safety net, called the domestic stability buffer, is currently set at 3. 5%. The Office of the Superintendent of Financial Institutions (OSFI) believes these banks are
Germany has just opened a new drone defense center in Berlin. This is the first time the country has brought together different security teams to work on one big problem: drones being used for spying and causing trouble. Before this center, different groups were handling drone threats separately. N
Canada's Environmental Damages Fund is celebrating 30 years of turning penalties into positive change. Recently, the government announced a $10. 6 million boost for 23 new projects focused on nature conservation and restoration. This fund, established in 1995, has been using money from environmental
Canada is finally moving towards a more secure banking system. The government has announced a new framework for open banking, set to launch in 2026. This system will replace the risky practice of sharing online banking passwords with third-party apps. Instead, users will be able to securely share th
Germany is not happy with Russia right now. They've called in the Russian ambassador to have a serious chat. Why? Because Germany thinks Russia has been up to no good with cyberattacks, spying, and spreading fake news. This isn't just a small issue. It's part of a bigger problem in Europe. Since Ru
Canada is taking a closer look at its rules for pilot rest times. The reason? Industry players say the current rules are too complicated and hard to follow. This isn't just a Canadian issue. Other countries, like India, are also struggling to balance safety and practicality. In India, the biggest a
Germany's government has given the green light to a new biofuels law. This law allows the continued use of food and animal feed as ingredients in biofuels. The goal is to reduce greenhouse gas emissions from vehicles by mixing biofuels with regular fuel. Biofuels like biodiesel and bioethanol are m
France has been quietly backing Benin's government in the wake of a recent coup attempt. This support included sharing intelligence and providing logistical help. The French government also worked closely with Nigeria, which sent military aid to Benin at the request of Benin's President Patrice Talo
France's top cinema official, Gaëtan Bruel, isn't happy about Netflix's big move to buy Warner Bros Discovery. He shared his thoughts at the Red Sea Film Festival. Bruel worries this deal could hurt movie theaters. He thinks Netflix might show fewer movies in theaters. This has been a problem before
France is in for a rough ride. The country's population is getting older fast. By 2070, nearly one in three people will be over 65. Meanwhile, the number of working-age people will drop by more than 3 million. This shift is a big deal for France's finances. Right now, healthcare, pensions, and cari
