Barrick to suspend operations in Mali after gold seized 

Oil and gas executives met with President Trump at the White House to discuss issues such as deregulation and tariffs, despite frustration with his agenda and falling oil prices. The industry is prioritizing permitting reform to make it easier to build energy projects, navigating tariffs on imported steel, and seeking to increase natural gas exports. Some companies are also advocating for preserving tax credits for producing renewable fuels and capturing carbon dioxide. Full Article

The Federal Reserve kept interest rates unchanged for a second consecutive meeting, citing uncertainty surrounding President Trump's policies and their impact on the economy. Fed Chair Jerome H. Powell highlighted the potential delay in progress towards reaching the central bank's 2 percent inflation target due to tariffs, leading to higher inflation forecasts but lower economic growth estimates. The Fed plans to potentially lower interest rates by a half point this year through two quarter-point cuts,...

K.W. Lee, a pioneering Asian American journalist, passed away at 96 in Sacramento. His reporting led to the release of a Korean immigrant on death row and covered the Koreatown community during the 1992 Los Angeles riots. Lee's work in mainstream and ethnic press highlighted injustice, corruption, and racial tensions, uniting Asian American communities and advocating for social change. Full Article

The proposed 2% wealth tax on individuals with assets over £10 million is gaining attention ahead of the government's Spring Statement, with support from Labour MPs, Green Party, lobby groups, and charity organizations. The tax could potentially raise £24 billion per year, but critics are skeptical due to possible tax avoidance strategies. While many support the tax to fund public services and address economic inequality, challenges in administration and potential negative impacts on wealth accumulation...

Roula Khalaf, Editor of the FT, selects her favourite stories in the Unlock the Editor’s Digest for free, highlighting the UK National Wealth Fund's decision to prioritize clean energy, advanced manufacturing, digital technologies, and transport over the defence industry. Chancellor Rachel Reeves aims to boost "dual-use technologies" and supply chain resilience, despite the UK's efforts to increase military spending. Labour's initial plan for a new freestanding wealth fund was abandoned, with the existing UK Infrastructure...

The World Meteorological Organization reports that 2024 was the warmest year on record, marking the first time all 10 hottest years have occurred within the past decade. Greenhouse gas levels continue to rise, with concentrations of carbon dioxide, methane, and nitrous oxide reaching unprecedented levels. The oceans are warming at an accelerated rate, leading to coral bleaching and record sea-level rise, while global warming has already exceeded 1.5 degrees Celsius above preindustrial levels. Full Article