The battered bond market starts 2025 facing some difficult issues about debt

Ursula von der Leyen's proposed €2tn budget for the EU (2028-2034) has faced significant internal dissent within the European Commission, highlighting her ultra-centralized decision-making style. Despite her concessions to address concerns, including new taxes and funding allocations, the chaotic negotiations raise fears about future discussions with EU member states, as many remain dissatisfied with the process. Explain It To Me Like I'm 5: Ursula von der Leyen's plan for a huge EU budget has caused...

The government of Eswatini has confirmed the arrival of five deported individuals from the U.S. under the Trump administration, citing ongoing human rights concerns and a commitment to international protocols. These deportations, which include individuals from various countries, are part of a broader trend of third-country deportations criticized for potential human rights violations. Explain It To Me Like I'm 5: The small country of Eswatini has taken in five people who were sent back from...

A volcanic eruption at the Sundhnukur volcano on Iceland's Reykjanes Peninsula began early Wednesday, prompting evacuations in nearby areas, including tourist sites like the Blue Lagoon. The eruption created two fissures and released volcanic glass strands, leading to high gas pollution levels, while Iceland has seen 11 eruptions since the volcano became active again in 2021. Explain It To Me Like I'm 5: A volcano in southwest Iceland has started erupting, leading to evacuations of...

Bank holidays are cherished by UK workers, but with the country facing economic challenges, experts debate whether scrapping a holiday could boost productivity and GDP. While some argue for cutting less culturally significant days, others warn that reducing time off could harm morale and negatively impact the struggling hospitality sector. Explain It To Me Like I'm 5: Experts debate whether the UK should consider scrapping a bank holiday to boost economic productivity, highlighting potential benefits...

Authorities in Florida have clarified the circumstances surrounding a five-year-old girl's fall from a Disney cruise ship's balcony on June 29. The girl reportedly lost her balance while sitting on the railing, falling into the ocean; her father, alerted by her mother, jumped in to save her, and both were rescued by the crew, with the father hospitalized afterward. Explain It To Me Like I'm 5: What Happened on the Disney Cruise Ship A little...

The UN special rapporteur Francesca Albanese accused the EU of supporting “Israel’s genocide of the Palestinians” after it refused to suspend its Association Agreement with Israel, despite the agreement's human rights clause. Albanese urged EU member states to cut ties with Israel and take legal action, as Israel's ongoing offensive in Gaza has resulted in over 58,000 Palestinian deaths and significant humanitarian crises. Explain It To Me Like I'm 5: The UN's special helper for...