Author: Press Room

DHAKA: Bangladesh’s National Consensus Commission, tasked by the caretaker government to lead critical democratic reforms after a mass uprising last year, said on Monday (May 26) that political parties had failed to reach agreement. The South Asian nation of around 170 million people has been in political turmoil since former prime minister Sheikh Hasina was ousted by a student-led revolt in August 2024, ending her iron-fisted rule of 15 years. Muhammad Yunus, the 84-year-old Nobel Peace Prize winner who is leading the caretaker government as its chief adviser until elections are held, has previously said he inherited a “completely broken…

A video showed President Emmanuel Macron of France being pushed in the face by his wife, Brigitte, moments before they stepped off a plane in Vietnam.

At the former Soviet base-turned-CIA black site and U.S. military base in Uzbekistan, researchers knew early on danger lingered not just from the enemy but from the ground itself. Karshi-Khanabad Air Base, known as K2, was a launchpad for U.S. operations into Afghanistan after 9/11. But for thousands of American troops who served there, it may have been a death sentence.Matthew “Nick” Nicholls, an Army environmental technician and preventive medicine specialist, was part of an early team that assessed the environmental hazards at K2.”It is probably the most toxic soup of chemicals that any service member has ever been exposed to,” Nicholls…

Kīlauea Volcano – located along the southeastern shore of Hawaii Island – experienced “lava fountaining” that reached at least 1,000 feet high over the weekend. The United States Geological Survey (USGS) describes Kīlauea as one of the world’s most active volcanoes. It has been erupting intermittently since Dec. 23, 2024, within the summit caldera in Hawaiʻi Volcanoes National Park. The 23rd episode of precursory activity began late last week with “low-level spattering and flames.” According to Hawaiʻi Volcanoes National Park, small lava fountains and lava overflows from the north vent started around 11:30 a.m. Saturday.HAWAIIAN AIRLINES FLIGHT DIVERTED ON SAN DIEGO TARMAC…

NEWYou can now listen to Fox News articles! IndyCar rookie Robert Shwartzman’s Indianapolis 500 came to an unfortunate end on Sunday.Shwartzman started the race on the pole as he completed the quickest time around Indianapolis Motor Speedway in qualifying, but all the jubilation turned to pain as a debacle on pit road nearly seriously injured a handful of his crew members. IndyCar Series driver Robert Shwartzman, #83, crashes into the pit crew during the 109th running of the Indianapolis 500 at Indianapolis Motor Speedway in Indianapolis on May 25, 2025. (Marc Lebryk-Imagn Images)He came into his pit stall after completing…

The daughter of a wrongfully convicted Nova Scotia man says burying her father next month will renew her intense grief — especially if a criminal investigation into his case remains stalled. Amanda Huckle says when her father Glen Assoun died about two years ago, she felt the accumulated injustice of the almost 17 years he spent in a federal prison for a crime he was found not guilty of committing.“As his life left his body, it’s like all his pain just sat in the palm of our hands and we’re left to carry this,” she said in a telephone interview…

Juan Flores is professor of economic history at the University of Geneva. Mitu Gulati is professor of law at the University of Virginia.When governments issue bonds they usually have to provide plenty of disclosure to entice investors. These days this often includes information on the country’s environmental, social and governance standards — the now-infamous acronym ESG.But what about in the mid-19th century, when many countries were autocracies and some were facing civil wars over questions such as whether to abolish slavery? As a logical matter, you’d think that investors would care about such matters. After all, domestic turmoil over an institution…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Disappointing returns from private equity investments meant Canada’s big pension funds underperformed last year, as a downturn in the buyout sector weighed on some of the world’s largest investors in private assets. Canada Pension Plan Investment Board, Ontario Teachers’ Pension Plan and Caisse de dépôt et placement du Québec and have all lagged their benchmarks over the past year, according to their latest reports. A rise in global borrowing costs in 2022 and 2023 ushered a more difficult period for private equity,…

Romania’s newly elected president Nicusor Dan has been officially sworn in, ushering in a tentative close to the worst political crisis to grip the European Union country in decades after the annulment of the previous election. But multiple challenges lie ahead.Dan, a 55-year-old mathematician and former mayor of the capital, Bucharest, decisively won the tense rerun in a runoff on May 18, beating his hard-right opponent George Simion, who later challenged the results at a top court, but was rejected last week.At the inauguration ceremony in a joint session of parliament on Monday, Dan signed the constitutional oath. In a…

Singapore Prime Minister Lawrence Wong said multilateralism and globalisation are “on the retreat” with questions over what the “new global order would look like”. “We should explore new partnerships, because, despite all the issues that we face in the world, Asia remains at the centre of global growth,” he said. “In the region, countries like China, Japan, Korea, India would be keen to do more with us,” Wong added. SOUTH CHINA SEA TENSIONS, MYANMAR CONFLICT Trade was not the only issue on the agenda of the ASEAN Summit, where leaders met for a plenary meeting followed by a more free-flowing…