Newly released research found that the wealth gap between the United Kingdom’s (U.K.) richest and poorest has increased in recent years, and its disparity is “among the highest in the developed world.”
Category: 17 June 2025
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NICE WORK IF YOU CAN GET IT: TRUMP EARNS $57M FROM WORLD LIBERTY FINANCIAL TOKEN SALES
U.S. President Donald Trump pulled in more than $57 million in token sales tied to his family’s venture into World Liberty Financial, which was launched just before his election win, according to newly released financial disclosures.
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‘WE KNEW IT WAS A POLITICAL DECISION’: TRUMP ORGANIZATION’S SERBIA PROJECT APPROVAL CRITICIZED
A major developmental project in Belgrade involving Jared Kushner, U.S. President Donald Trump’s son-in-law, and the Trump Organization has been criticized over its approval process, which critics say is another example of political corruption.
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BERLIN CALLS ON EU BUDGET TO RAMP UP DEFENSE FUNDING
Berlin announced last week that it wants the next European Union (EU) budget, which will span seven years, to take a keen focus on military funding without increasing the overall spend because of economic challenges facing the block.
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LITTLE LITHUANIA KEEPS PUSHING FOR WWIII, INSISTS THAT UKRAINE GETS A NATO INVITE
Lithuania, the tiny Baltic state with a population of about 2.8 million, told Politico in an interview last week that it will never stop pushing for Ukraine to join NATO, which Russia has identified as its brightest red line.
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PAKISTAN SAYS IT WILL SPEND 17 PERCENT MORE ON ITS MILITARY AFTER CONFLICT WITH INDIA
Islamabad announced last week that it will increase defense spending by 17 percent in the next year after its brief conflict with India last month, which resulted in both countries taking victory laps.
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PUTIN: RUSSIA HAS THE MOST ADVANCED NUCLEAR WEAPONS ON EARTH
Russian President Vladimir Putin said last week that his military operates the most advanced nuclear weapons on the planet and said his country continues to make upgrades to its nuclear triad.
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AI TAKES CENTER STAGE IN UKRAINE’S DRONE ATTACK ON RUSSIA’S AIRFIELDS
Artificial Intelligence (AI) played a major role in Kyiv’s attack on Russian air bases and bombers earlier this month, showcasing how military technology is playing a more important role than ever in warfare.
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CANADA RAMPS UP MILITARY SPENDING
Mark Carney, the Canadian prime minister, announced last week that Ottawa will immediately add another $6.8 billion to its military budget for the year to meet NATO’s 2-percent-of-GDP demand—earlier than the 2030 target he set during his campaign.
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AS FORECAST: THE LONGER THE UKRAINE WAR DRAGS ON, THE MORE LAND RUSSIA WILL TAKE
While Ukraine has had to resort to attacks on soft targets across Russia to try and prove to the West that it still has a viable military that can inflict pain on Moscow, the Russian military has taken more land in Ukraine in recent weeks on several fronts.