The Eurogroup, a group of finance ministers from countries using the euro, is looking for a new leader. The current president, Paschal Donohoe, stepped down recently to join the World Bank. This opens the door for two new candidates: Kyriakos Pierrakakis from Greece and Vincent Van Peteghem from Belgium. Both have thrown their hats into the ring, hoping to take on th...
Mexico's President Claudia Sheinbaum is locked in a heated battle with Ricardo Salinas Pliego, a billionaire with a vast business empire. Sheinbaum accuses Salinas of avoiding taxes and stirring up trouble. Salinas, who has a knack for making headlines, calls himself a fighter against corruption. But Sheinbaum sees him as a troublemaker who owes the government billio...
Lilly Williamson, a senior at Lake City High School, has a clear vision for her future. She wants to be a nurse, inspired by her own experiences with medical care. At just seven years old, she faced a serious bacterial infection called mastoiditis, which led to multiple surgeries. This tough time in her life made her look up to her doctor, who she now wants to be lik...
Choosing the right place to start a crypto business is tricky. In 2026, new rules will kick in across the EU. This means crypto companies need to think carefully about where to set up shop. A law firm with a lot of experience in this area has shared some advice. The EU is making big changes. Starting in January 2025, there will be new rules for crypto companies. The...
Belgium's prime minister has expressed concerns about a European Union (EU) plan to use frozen Russian state assets to support Ukraine. Bart De Wever believes this move could complicate efforts to reach a peace deal in the ongoing conflict. De Wever shared his thoughts in a letter to the European Commission President Ursula von der Leyen. He warned that rushing into...
Switzerland is about to have a big vote. It's not about who should be in charge. It's about whether the super rich should pay more taxes. This idea comes from a group called JUSOs. They want to tax big inheritances at 50%. The money would go to fight climate change. Only a few people in Switzerland have over 50 million francs. But those few have a lot of money. Abou...
In Hong Kong, a devastating fire has left many families in mourning. The blaze, which engulfed a high-rise apartment complex, has claimed at least 128 lives, with over 200 people still missing. The complex, Wang Fuk Court, was home to many elderly residents. In fact, more than a third of its inhabitants were over the age of 65, a much higher percentage than the city'...
The European Union has just introduced new guidelines for sharing information about crypto assets among its member countries. This isn't just a small change; it's a major update designed to improve transparency and efficiency. The update specifies exactly what kind of information should be included in these reports. For example, countries now need to provide details...
Brazil is reaching out to the US for assistance in tackling organized crime and the smuggling of weapons. This request comes as part of broader trade discussions, following a recent police operation in Brazil that targeted tax evasion and money laundering in the fuel industry. Investigations in Brazil have uncovered that criminal organizations are using investment f...
Kalshi, a prediction market, is in hot water. A lawsuit claims it's running an illegal sports betting platform. The platform calls bets "event contracts. " But the lawsuit says these are just bets. And they're illegal in many states. The lawsuit says Kalshi is tricking people. It makes them think they're betting against other users. But really, they're betting again...