Author: Rachel Maddow

Rachel Maddow is a freelance journalist based in Chicago, USA, with over 20 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. She holds a degree in Political Science and Journalism from Stanford University. Over the course of her career, she has contributed to outlets including MSNBC, The New York Times, and The Washington Post. Recognized for her in-depth reporting and compelling storytelling, Rachel delivers accurate and timely news that keeps readers informed on both national and international developments.

The European Commission launches infringement proceedings against Italy for using the golden power rule to block UniCredit’s attempted takeover of Banco BPM.Officials voice concern that the rule grants the government broad authority to review, halt, or condition transactions involving banks.They argue that the rule, though designed to protect national security, enables unjustified actions that restrict free establishment and capital movement in the single market.They also state that the measure interferes with the European Central Bank’s exclusive supervisory powers.Italy now faces a two-month deadline to address the issues raised by the Commission. Government Responds to Regulatory Concerns Italy’s economy minister Giancarlo…

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A widespread power cut struck parts of Paris and Hauts-de-Seine on Thursday morning, affecting 55,000 homes.The outage shut down traffic lights and streetlights across several neighbourhoods.It also halted sections of the metro system and disrupted some suburban train lines.Enedis said the blackout lasted about five minutes before most areas regained electricity.A few thousand homes still face power issues as crews continue repairs. Cause Identified by Grid Operators Enedis reported that a technical incident at the RTE substation in Issy-les-Moulineaux triggered the outage.RTE oversees France’s high-voltage power transmission network and responded immediately to the failure.Technicians worked to stabilize the system and…

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Anti-capitalists, climate activists, women’s rights advocates, and anti-migration groups plan demonstrations that highlight South Africa’s poverty and inequality.Police and soldiers staged a parade on Wednesday that displayed helicopters, K-9 units, and motorcycle officers to project strength before the G20 protests.Security leaders deployed 3,500 additional officers and placed the army on standby under the National Joint Operational and Intelligence Structure.Lieutenant General Tebello Mosikili informed reporters that authorities expect protests in Johannesburg and other major cities.She affirmed that officials will protect the right to protest within lawful boundaries.Police assigned approved gathering zones near the summit venue beside the nation’s largest soccer stadium.Airports…

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The government aims for nuclear power to supply up to 60 per cent of Czech electricity by 2050. Workers operate mobile rigs at Dukovany as they extract deep soil samples for a major expansion project worth $19 billion. Engineers evaluate the terrain to confirm it can support two new reactors that will at least double national nuclear output. South Korea’s KHNP won the contract and prepares to install two units that each exceed 1,000 megawatts. They will join Dukovany’s four 512-MW reactors, which have run since the 1980s. KHNP also holds an option to build two more reactors at the…

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Thousands of young people surged through Mexico City’s streets on Saturday to denounce corruption, rising violence, and government inaction. Demonstrators marched from the Angel of Independence toward the Zócalo in a coordinated nationwide effort that involved 52 Mexican cities and international solidarity actions in the United States, Canada, Germany, and the Netherlands. What began as a peaceful display of unity ended in a chaotic confrontation that left more than 120 people injured and roughly 20 detained. The assassination of Uruapan mayor Carlos Manzo on 1 November ignited the movement. Manzo had repeatedly demanded federal assistance to combat organized crime in…

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Activists described climate impacts in their home countries and urged stronger youth representation in UN negotiations. Thousands of protesters gathered at the gates of the COP30 conference in Belem, Brazil, blocking the entrance in a peaceful standoff. Brazilian youth groups, indigenous communities, and international activists marched together to pressure leaders during the crucial climate summit. Members of Fridays for Future demanded a voice for young people who will inherit the consequences of current decisions. Rachelle Junsay from Climate Action Philippines voiced her frustration over the exclusion of young people from negotiations. She said leaders discuss communities while leaving actual victims…

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Russian forces launched a massive assault on Kyiv early Friday, killing four and injuring at least 27. Explosions ignited fires and damaged residential buildings throughout the capital, according to Mayor Vitali Klitschko. Klitschko confirmed that rescuers continued searching for two missing bodies trapped under rubble. Emergency crews rushed to multiple impact sites as smoke filled several districts. Ukrainian officials reported widespread destruction and warned of possible power and water outages. Ukrainian President Volodymyr Zelenskyy condemned the attack on X, calling it a “deliberate strike against civilians.” He said Russia fired 430 drones and 18 missiles, including ballistic and aeroballistic weapons.…

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Mounting legal and financial scrutiny now surrounds UBS AG as new revelations suggest the Swiss banking giant may still hold assets linked to Nazi-era accounts. In an in-depth conversation with the Abu Dhabi Times, Dr. Gerhard Podovsovnik, Vice President of AEA Justinian Lawyers, outlined how these disclosures could trigger U.S. legal action and reshape trust in Swiss banking across the Middle East. His remarks come after major investigative reports by Eric Frey in Der Standard (link), Riva Pomerantz in Ami Magazine (link), and Peter Hell in BILD (link), each of whom traced a complex web of undisclosed accounts tied to…

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The Audit Office of Cyprus urged immediate reforms in managing the nation’s water resources amid worsening drought and climate pressures. Officials stressed that Cyprus now faces critical challenges from shrinking reserves and shifting weather patterns. The Water Development Department (WDD), responsible for oversight and regulation, must play a decisive role as the situation intensifies. Flawed Oversight and Billing Gaps Auditors discovered major weaknesses in water metering, billing, and monitoring systems. They found irregular checks at two intake points that supply 64% of Nicosia’s water. The WDD also lacked access to water meters in Limassol and to the telemetry data of…

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A car exploded Monday near New Delhi’s historic Red Fort, killing at least eight people and injuring several others. The blast ignited a fire that destroyed multiple nearby vehicles, according to city police. Authorities quickly cordoned off the area and began rescue operations. Fire Crews Battle Flames After Blast Fire engines sped to the scene after reports of an explosion near a Red Fort metro station gate. Firefighters battled the blaze as emergency teams pulled victims from the wreckage. Officials said the fire damaged several parked cars before they brought it under control. Police spokesman Sanjay Tyagi confirmed the casualties…

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