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At a roundtable at the bank’s headquarters in Cairo, CIB’s leadership team discusses expansion in Africa, commitment to sustainable finance, growing digital banking tools, and the future for the bank. Global Finance celebrated the 50th anniversary of Commercial International Bank (CIB), Egypt’s largest private sector bank and a driving force in the transformation of Egypt’s banking sector, by holding a roundtable discussion. The event, hosted at CIB’s headquarters in Cairo, gathered the bank’s top leadership team to discuss the bank’s history, how CIB has positioned itself as the leader in Egypt’s banking sector, and how it will continue to pursue growth…
Your book is not called “If Anyone Builds It, There Is a 1 to 4 Percent Chance Everybody Dies.” You believe that the misalignment becomes catastrophic? Why do you think that is so likely? That’s just likely the straight -line extrapolation from it gets what it most wants. And the thing that it most wants is not us living happily ever after. So we’re dead. Like, it’s not that humans have been trying to cause side effects. When we build a skyscraper on top of where there used to be an ant heap, we’re not trying to kill the ants.…
The Relist Watch column examines cert petitions that the Supreme Court has “relisted” for its upcoming conference. A short explanation of relists is available here. It’s only week two of the Supreme Court’s new term and already we’re off to the races. As I kinda-sorta predicted, the court granted review in Hunter v. United States, the case addressing what exceptions exist to the appeal waiver provisions that are in most plea agreements. (The court is apparently holding Chaney v. United States, which presents the same issue.) But other petitions were not so lucky. Death-penalty case Humphreys v. Emmons, which addresses whether…
Watch: US “looking at land now” – Trump confirms CIA authorisation in Venezuela after boat strikesPresident Donald Trump has confirmed reports he authorised the CIA to conduct covert operations inside Venezuela – and said he was considering strikes targeting drug cartels there.US forces have already conducted at least five strikes on suspected drug-carrying boats in the Caribbean in recent weeks, killing 27 people. UN- appointed human rights experts have described the raids as “extrajudicial executions”.Speaking in the Oval Office, Trump said the US “is looking at land” as it considers further strikes in the region. Trump has sought to increase…
President Trump has signaled the United States may send long-range Tomahawk cruise missiles to Ukraine, allowing Ukrainian President Volodymyr Zelensky to strike military targets deep inside Russia. The Kremlin has warned this move would escalate tensions between Moscow and Washington. Trump suggested this week that Tomahawks would be a central point of discussion when Zelensky visits Friday to meet with Trump for the third time in Washington. “I know what he has to say. He wants weapons. He would like to have Tomahawks. Everyone else wants to, and we have a lot of Tomahawks,” Trump told reporters Tuesday at the White House. …
More than 150 lawmakers, led by Sens. Tim Kaine, D-Va., Chris Van Hollen, D-Md., and Lisa Murkowski, R-Alaska, on Wednesday demanded that the Trump administration guarantee that furloughed federal employees are granted backpay at the conclusion of the ongoing federal government shutdown, which has entered its third week.Last week, the Office of Management and Budget floated a theory that the 2019 Government Employees Fair Treatment Act, which automatically provides backpay to furloughed federal workers following appropriations lapses and was signed by President Trump during the 2018-2019 partial government shutdown, merely authorizes Congress to provide backpay after a shutdown. OMB revised…
India’s trade deficit widened to a 13-month high in September, driven by a sharp rise in bullion imports, even as merchandise exports grew 6.7 per cent year-on-year (Y-o-Y) to $36.38 billion, data released by the commerce department on Wednesday showed. This growth came despite shipments to the US contracting about 12 per cent, following the 50 per cent tariff that came into full force in September. Imports grew at a faster pace of 16.7 per cent at $68.53, resulting in the trade deficit widening to $32.15 billion during the month. The trade deficit stood at $24.65 billion in September…
If the name Steve Reed means little to you, rest assured that is a pothole he is eager to fill. Having replaced Angela Rayner as housing secretary, he bounded around Labour conference last month dishing out Maga-red caps stamped with his credo “Build Baby Build!”. Headgear and slogan have both been filched from that very rightwing guy in the White House – because, like Robert Jenrick, Steve Reed is what happens when self-identified centrists turn populist.Imagine Donald Trump had, years ago, swerved TV fame to become instead ward councillor for Brixton Hill. Imagine if Trump had no towers, but knew…
By Will McBride and Meredith Filak RoseOctober 13, 2025 Last week, Judge Jeannette A. Vargas of the U.S. District Court for the Southern District of New York moved to dismiss the defamation lawsuit from hip hop artist Drake against his record label UMG Recordings, Inc., finding that “the allegedly defamatory statements in ‘Not Like Us’ are nonactionable opinion.” To recap, for those who might be just tuning in: Back in March 2024, a years-long simmering feud between Drake and fellow artist Kendrick Lamar spilled over into public view with the release of Lamar’s verse on Future and Metro Boomin’s “Like…
The government has published witness statements submitted in the now-collapsed case against two men accused of spying for China.Deputy national security adviser Matthew Collins been asked to assess whether Beijing was regarded as a threat to national security at the time two men – Christopher Cash and Christopher Berry – were accused of spying on MPs. In a 2023 statement, the first of three given to the CPS, he said that China’s activities were designed to “advance the Chinese state’s interest and harm the interests and security of the UK”.He described Beijing’s spy agency as “highly capable” and said it…