British oil major BP reports sharp drop in fourth-quarter profit, vows strategy reset

One of the notable figures from the Trump administration's Department of Government Efficiency, Edward Coristine, known as “Big Balls,” has departed from his position, amidst a series of resignations linked to DOGE. His youth and prior controversies, including being fired for leaking secrets, drew criticism, and he hinted at future plans on social media after leaving the General Services Administration. Explain It To Me Like I'm 5: Edward Coristine, a young and controversial staff member...

Amid escalating tensions, President Trump brokered a swift ceasefire between Israel and Iran after days of airstrikes and missile exchanges, culminating in a fragile peace declared via social media. Despite the temporary halt in violence, uncertainties remain regarding the durability of the truce and Iran's nuclear capabilities, with ongoing diplomatic efforts and concerns over future negotiations. Explain It To Me Like I'm 5: In a dramatic 48-hour period, President Trump helped broker a ceasefire between...

Brussels to Regulate Stablecoins Amid ECB ConcernsBrussels plans to announce new regulations for stablecoins, despite the ECB's warnings about potential risks to financial stability during market volatility. The European Commission aims to clarify the legal status of non-EU stablecoins, which may be treated similarly to EU-issued tokens, while addressing concerns over reserve management and cross-border risks. Explain It To Me Like I'm 5: Brussels is getting ready to set new rules for stablecoins, a type...

Iran's parliament has overwhelmingly approved a plan to suspend its commitments under the Non-Proliferation Treaty and cease cooperation with the IAEA following recent Israeli and US attacks on its nuclear sites. While the proposal will become law pending Guardian Council endorsement, Iranian officials assert that their nuclear activities remain peaceful, vowing to accelerate their program amidst ongoing tensions. Explain It To Me Like I'm 5: Iran's parliament decided to stop working with a group that...

A mass shooting during the Nativity of Saint John the Baptist festival in Irapuato, Mexico, left ten dead and several injured, including a 2-year-old boy shot in the eye. The attack occurred as locals celebrated with food and music, and police are investigating the incident while expressing their commitment to restoring peace in the community. Explain It To Me Like I'm 5: During a celebration in San Juan, Mexico, a mass shooting occurred, resulting in...

Famed Canadian sportscaster Don Cherry has signed off from his podcast, "Don Cherry's Grapevine Podcast," after 313 episodes since its launch in August 2023, achieving 6.5 million downloads. Cherry, 91, is well-known for his long tenure on Coach's Corner during CBC's Hockey Night in Canada. Explain It To Me Like I'm 5: Don Cherry, a famous hockey announcer, stopped making his podcast after sharing 313 fun stories with his listeners, and many people loved it...