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The assets, worth €183 billion and held mostly at Euroclear in Brussels, would fund Ukraine's defense and budget needs now, with repayment from future Russian reparations. De Wever demands EU-wide risk sharing and points to Belgium's ongoing aid via taxes on the assets' interest, expected to yield €1 billion next year. EU allies criticize Belgium's handling of those funds, while the standoff highlights strains in supporting Ukraine amid shifting U.S. policies. Diplomats hope for progress at December's summit.

Key Takeaway

Belgian Prime Minister Bart De Wever wrote a firm letter this week, calling the EU's proposal to back €140 billion in loans with frozen Russian funds fundamentally wrong. He worries it breaks international law and risks Belgium's financial standing.

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Ramos's contract with Monterrey ends December 31, and transfer expert Fabrizio Romano says he plans to join a new club rather than retire. Reports link him to AC Milan, where the Serie A side is considering the veteran defender for added depth amid injury issues. Real Madrid fans call for a homecoming, praising his leadership, while others question if his age fits top-flight demands. His focus remains clear: linking up with Spain stars like Rodri and Pedri at the 2026 tournament.

Key Takeaway

At 39, Sergio Ramos isn't ready to hang up his boots. He's set to leave Monterrey and chase one last big challenge in Europe to earn a Spain World Cup spot.

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Injective launched its native Ethereum Virtual Machine mainnet on November 11, 2025, establishing the first MultiVM network that integrates EVM compatibility with Cosmos-based WASM for sub-second finality and fees under a cent per transaction. The upgrade enables direct deployment of Ethereum smart contracts, supporting over 40 dApps in DeFi, NFTs, and AI services, while processing blocks every 0.64 seconds and handling 807 million dApp transactions in the past 30 days. Institutional adoption advances with ETF filings from 21Shares and Canary Capital, Pineapple Financial's $100 million INJ treasury strategy, and over $1 billion in real-world asset tokenization volumes for perpetuals.

Key Takeaway

Injective's native EVM mainnet went live on November 11, 2025, fusing Ethereum compatibility with Cosmos speed to deliver sub-second transactions and unlock seamless DeFi innovation without bridges or rewrites.

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A report by NHS Education for Scotland described England's NHS app as usable and scalable, ideal for cross-border patient care. Yet it highlighted risks like limited control and poor political optics, deeming reuse inappropriate. Ministers chose to build MyCare.scot instead, spending over £17 million since 2021, with a pilot launching this December and full rollout delayed until 2030. Critics argue this prioritizes politics over faster help for patients facing long waits.

Key Takeaway

Scottish officials had a ready-made app from England that patients there use daily for bookings and records. But worries about appearing as a 'junior partner' led them to start fresh.

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Speaking at the CBI conference on Monday, Conservative leader Kemi Badenoch labeled Labour's 330-page Employment Rights Bill a pro-union blueprint that burdens employers and hampers hiring. The October 2024 legislation offers day-one dismissal protection, flexible working rights, guaranteed hours for zero-hours contracts, and bans on fire-and-rehire practices, with Labour promising dignity at work despite estimated business costs of £0.9-5 billion yearly. Business Secretary Peter Kyle reassured firms of openness to changes, as the debate heats up before Wednesday's budget amid forecasts of sluggish growth.

Key Takeaway

Kemi Badenoch stood before business leaders and made a direct plea to the chancellor. She called for scrapping a major bill she sees as a threat to jobs and growth.

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The World Bank has halted a $750 million loan to Kenya until the government provides stronger commitments to address a projected Sh901 billion budget deficit for the fiscal year ending June 2026. Treasury Cabinet Secretary John Mbadi confirmed the pause follows a macroeconomic review emphasizing deeper fiscal consolidation, despite Kenya's debt sustainability. The administration is advancing reforms such as implementing a single Treasury account to tackle revenue shortfalls and high spending on debt servicing and public wages.

Key Takeaway

In a stark reminder of Kenya's fiscal tightrope, the World Bank has frozen a vital $750 million lifeline, demanding bold cuts to a Sh901 billion deficit that threatens economic stability.

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A report by NHS Education for Scotland described England's NHS app as usable and scalable, ideal for cross-border patient care. Yet it highlighted risks like limited control and poor political optics, deeming reuse inappropriate. Ministers chose to build MyCare.scot instead, spending over £17 million since 2021, with a pilot launching this December and full rollout delayed until 2030. Critics argue this prioritizes politics over faster help for patients facing long waits.

Key Takeaway

Scottish officials had a ready-made app from England that patients there use daily for bookings and records. But worries about appearing as a 'junior partner' led them to start fresh.

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Related Posts (8)

+ 2 more posts