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Gov. DeSantis backs Hillsborough College campus funding, defends Rays’ $10 lease
The potential benefit to the school is tied to $50M currently included in Public Education Capital Outlay funding for needed Dale Mabry campus renovations.
Bipartisan college sports bill proposes salary cap, transfer limit
Two Senators will soon introduce a bipartisan college sports bill which aims to regulate payments to players, limit transfers and restrict coach movement during the season.
Bipartisan college sports bill proposes salary cap, transfer limit
Two Senators will soon introduce a bipartisan college sports bill which aims to regulate payments to players, limit transfers and restrict coach movement during the season.
Key senators strike bipartisan deal on sweeping college sports reform with transfer, eligibility and cap enforcement
Openings, closings and ownership changes: The latest in Centre County business news
A new barbershop opened its doors, while plans were announced for new restaurants, a pickleball club and more.
How Disney World Cast Members Maintain 260+ Acres at ESPN Wide World of Sports
Play ball! But what’s a game without a field to play on? Here at Walt Disney World, we have a team of cast who are growing the game – literally! Year round, the Sportscape (that’s sports + landscape) team maintains more than 30 fields at the 260+ acre ESPN Wide World of Sports Complex which
Key Facts About Health Care Affordability for People With Medicare
This brief presents key facts and analysis about affordability of health care costs among people with Medicare, including younger adults with long-term disabilities, drawing on data from various sources.
NH providers skeptical business tax credit will move the needle on childcare capacity
New Hampshire's Child Day Care Tax Credit Program aims to increase childcare spots, but providers doubt its effectiveness due to business landscape.
How Creators Inc. CEO Andy Bachman Built the Business Behind Creator Fame
The founder and CEO shares hhow his companies are building wealth for some of the successful people on the internet.
ESPN earns 10 Sports Emmy Awards led by College GameDay, NFL Live and E60
ESPN earned 10 Sports Emmys as the National Academy of Television and Sciences honored the best in sports media during the 47th Annual Sports Emmy Awards ceremony Tuesday night in New York City. The winners included honors across storytelling and journalism, along with wins for several of the company’s marquee studio shows.
Schaeffler and Spire Global Partner to Build European Space Business
The partnership will develop space hardware subsystems, satellite platforms, and advanced radio frequency and environmental sensing capabilities.
Hubble Spies Faint Irregular Galaxy
This NASA Hubble Space Telescope image captures the faint glow of the dwarf irregular galaxy ESO 490-017.
City of Austin Promotes 'Live Music Capital of the World' on International Stage
Austin Arts, Culture, Music and Entertainment is sending three Austin bands to the United Kingdom during the first week of June to participate in the second annual SXSW London and tour the region.
Public Health Graduate Students Reflect on Their Capstone Experience - University of New Haven
Candidates in the University of New Haven’s Master of Public Health (MPH) program applied classroom learning to real-world public health projects focused on mental health, food insecurity, and community-health assessment.
Carolina’s Cap Comparison: Offensive Line
How much money are the Panthers spending on their offensive line compared to the rest of the NFL?
Platner stands by ad slamming Red Sox over private equity
Platner has since been all too eager to capitalize on the ad's removal, using it to push his populist message as he campaigns to unseat longtime Republican Sen. Susan Collins in Maine.
East Idaho hospital could end contract with health insurer that covers state employees
An East Idaho hospital and a major health insurer are struggling to agree to terms on a contract that would keep the hospital in network.
ZCG-Backed VENU+ Expands Global Footprint Through Strategic Partnership with Merlin Entertainments
ORLANDO, Fla., May 27, 2026--VENU+, a leading global provider of tech-enabled guest mobility, storage, and entertainment solutions and a portfolio company of Z Capital Group ("ZCG"), today announced a strategic partnership with Merlin Entertainments, a global leader in branded entertainment destinations, to enhance and expand photo capture experiences across Merlin’s international portfolio.
ZCG-Backed VENU+ Expands Global Footprint Through Strategic Partnership with Merlin Entertainments
VENU+, a leading global provider of tech-enabled guest mobility, storage, and entertainment solutions and a portfolio company of Z Capital Group (“ZCG”), tod...
2026 Madison summer festival guide
16 fests, fairs and events around Dane County to get on your calendar this summer.
Badgers' Fickell has a short leash, college football magazine says
Athlon Sports rated Luke Fickell as the coach with the second hottest seat in the country going into next season, behind only Florida State’s Mike Norvell.
Ford’s Stock Is Surging—and It’s Got Nothing to Do With Its Car Business
The automaker’s foray into the energy-storage business represents an opportunity to capitalize on the AI boom.
Packed bars, sold-out gear and Knicks cookies: Long Island businesses cash in on NBA Finals run
Sports bars reported packed crowds, retailers saw Knicks gear sell fast and even local bakeries got in on the orange-and-blue excitement amid the team's historic playoff run.
Lobbying compensation: Top 10 firms report solid revenue growth in Q1 of 2026; Southern Group takes top spot, followed by Ballard Partners
The Southern Group continued its streak as No. 1 with a $12.4M quarter, followed by Ballard Partners at $10M.
Energy bills to grow by more than £200 a year for millions as Ofgem increases price cap
Rolling coverage of the latest economic and financial news
'Business as usual': Fakes, piracy thrive in Vietnam as US tariff deadline nears
At a sprawling bazaar on the outskirts of Vietnam's capital, the trade in counterfeit goods is bustling despite government crackdowns and the threat of U.S. tariffs over the issue, two visits by Reuters journalists to the market found.
A Great Athlete is a Healthy Athlete: Muaz’s Journey to Becoming a Fitness Captain
Every May, Special Olympics celebrates Fitness and Sport Month, recognizing the power of sport to support athlete health, fitness, and performance. To celebrate, I met with Special Olympics Pakistan athlete and Fitness Captain Muaz Khan to learn about his journey to becoming a Fitness Captain.
Virginia’s newest lawmakers balance politics, family and a fast-paced session
For Virginia’s freshman lawmakers, the first General Assembly session was a crash course in the inner workings of state government.
Bipartisan college sports bill with salary cap for players, antitrust protection set to be introduced in days
The Cantwell-Cruz bill has been delayed several times but may finally be heard by lawmakers
Street Fighter 6 server maintenance time revealed for Ingrid and the game's largest content update to date
It's finally almost time for the conclusion of Street Fighter 6 Season 3, and they're looking to go out with a real bang.Capcom just revealed the server maintenance times for Street Fighter 6's incoming update that ...
Charlotte plans to pick interim mayor before Vi Lyles leaves. Here’s the process
Public applications will open June 2, and a new mayor will be decided before Mayor Vi Lyles leaves office.
Cook Political Report shifts Texas Senate rating toward Democrats after Paxton runoff victory
The nonpartisan election handicapper Cook Political Report shifted its rating of the Texas Senate race toward Democrats on Tuesday, from “likely Republican” to “lean Republican,” after state Attorn…
Capcom Releases Resident Evil Requiem Demo On Switch 2
Experience the game's early stages
Healthcare bills spurred by $50B federal program await Alaska Gov. Dunleavy’s signature
State lawmakers passed two bills on the last day of the legislative session aimed at fulfilling requirements of the federal Rural Health Transformation Program.
Celebrating Student Clubs
The 2025–2026 Dean's Council for Inter-Club Coordination (DCICC) End of Year Gala celebrated the achievements of the college's student organizations over the past year.
Resident Evil Requiem demo now available
A demo for Resident Evil Requiem is now available for PlayStation 5, Xbox Series, Switch 2, and PC via Steam, Capcom announced.
3 things to know about Trump’s order raising the U.S. refugee cap only for white South Africans
President Donald Trump is easing his administration’s cap on the number of refugees who can enter the United States, according to a forthcoming White House memo.
Nearly 500 N.Y. small business owners call for state data center moratorium
It follows a rally at the state Capitol two weeks ago where lawmakers and advocates pushed for the passage of proposed legislation before the end of session.
New DriveTech Wear costumes coming for every Street Fighter 6 character this week, and they're free
Street Fighter 6 is on the cusp of receiving its next big update with Ingrid's arrival, and the patch is shaping up to be one of the largest the game has ever seen in terms of content.Capcom just ...
State lawmakers voting on final budget bills this week
“It’s the first time in a long time the budget has gone this late,” said Brooklyn Democratic Assemblyman Brian Cunningham.
House Dem who repeatedly tried to impeach Trump toppled in heated Texas race
Texas redistricting forced Reps. Al Green and Christian Menefee into an incumbent-on-incumbent Democratic runoff in Houston's 18th District.
Raiders 2026 OTAs
View photos from day one of OTAs at Intermountain Health Performance Center.
Tony Blair says Labour must abandon net zero, support Trump and move firmly to the right
In highly unusual intervention, ex-PM says his party’s ‘almost infinite capacity for self-delusion’ makes it likely to lose next election
10 players capable of leading teams to boys volleyball state tournament
Some of Minnesota’s top players could lift their teams out of difficult sections.
How Real-World Gaming Became A Business Built On Escapism
Escape rooms and immersive gaming are booming as consumers spend more on shared experiences, emotional escapism and real-world connection.
Graduate Exhibition Showcases Intersection of Health, Technology, Art, Design
From digital data and technology to the environment, healthcare and the body, graduate students from across the College of Letters and Science at University of California, Davis, are pushing boundaries with their experimental research and creative expression. The results, varied in medium and discipline, will be on display at the Arts & Humanities 2026 Graduate Exhibition.
UC Davis Researcher Explores How Brain Development Shapes Teen Mental Health
Amanda Guyer, professor in the Department of Human Ecology and a faculty researcher at the Center for Mind and Brain, is helping uncover how brain development influences the way children and adolescents respond to social and emotional challenges. She is this month’s guest on Face to Face With Chancellor May.
Congressional Leaders Laud NASA Moon Plans, But Fight Intensifies over Science Funding
“If we weaken academia, we don’t just weaken our research capacity, we lose our workforce and we lose the innovation that fuels our economy.” —Rep. Zoe Lofgren at ASCEND 2026 Congressional leaders…
Health insurers again propose double-digit premium increases
Nearly 700,000 Bay Staters are facing the prospect of double-digit premium increases next year as insurers struggle to handle cost pressures across the healthcare landscape.
‘Anti-Weaponization Fund’ revives yearslong fight over Democrat-backed settlements
President Donald Trump’s nearly $1.8 billion “Anti-Weaponization Fund” is triggering bipartisan concern on Capitol Hill while simultaneously reigniting a years-old conservative argument against administrations from both parties using the Treasury Department’s Judgment Fund to finance politically sensitive settlements with little congressional oversight. The fund stems from Trump’s settlement with the Internal Revenue Service over the […]
Yankees prospects: Week 9 minor league recap
Some strong individual pitching performances headlined another week on the farm.
We quit our jobs to run a cemetery business – it now brings in $6 million a year
Shayda Frost was a film producer and her husband, Tim Amoui, worked in PR in LA. But when Frost's father died unexpectedly, the couple flew to her hometown of Atlanta, quit their jobs, and took over the family business: cemeteries. Frost and Amoui are now the owners of Lincoln Memorial Group, which operates four working cemeteries Georgia's capital. In 2025, the business brought in over $6 million in revenue.
Comings & Goings
Here’s a look at recent changes in the business landscape in the Sioux Falls area.
A US maritime revival? Venture capital fund launches a $200M bet
The American Bureau of Shipping and Prologis will anchor a $200 million venture capital fund betting on a U.S. maritime revival.
Spotlight On: Saby Mitra, Dean, University of Florida, Warrington College of Business
Saby Mitra discusses AI, workforce development, and UF’s expansion into Jacksonville.
Why billionaires, CEOs and manufacturers keep choosing Texas as America’s business capital
Gabriela von zur Muehlen, chief policy officer at the Texas Association of Business, says Texas’ low costs and strong supply chains help attract billionaires, CEOs and manufacturers.
Hyperreal Politics: When the Simulation Becomes Too Absurd to Satirize
My dialogue with Claude continues as we reflect on civilizational decline, democratic erosion, and the capture of shared
The future of the American healthcare workforce
The U-S is facing a steep healthcare worker shortage. A 2025 federal analysis projected that by 2038, 30 out of 35 physician specialties will be hurting for practitioners, with over 140,000 roles left unfilled. And for nurses, that shortage is projected to be over 108,000. And last week, 24 states plus the District of Columbia filed a lawsuit against the Department of Education over new federal student loan limits on graduate degrees. Those caps apply to programs that could graduate workers into these threatened health care fields. But Education Secretary Linda McMahon say these worries are overblown and that these new rules aim to force colleges to lower tuition rates. So, what do these changes really mean for the future of our healthcare workforce in the U.S.?
P2 Science Closes $23 Million Round to Accelerate Commercial Momentum and Expand Green Chemistry Platform into New Markets
P2 Science, Inc., a leading green chemistry company transforming sustainable feedstocks into high-performance ingredients, today announced the close of an oversubscribed $23 million up round led by Sofinnova Partners. Sofinnova is a leading European life sciences venture capital firm based in Paris, London, and Milan. The financing will accelerate P2's commercial growth in beauty and personal care ingredients and expand the company's green chemistry platform into new markets, including aroma tec
Aspira Women’s Health and Cleveland Clinic Expand Strategic Collaboration to Advance AI-Powered Diagnostics in Women’s Health
Collaboration aims to accelerate biomarker discovery, strengthen translational research capabilities, and support scalable clinical validation
New Ebola Vaccine Reportedly Nearing Clinical Trials (Live Updates)
The vaccine, which hasn’t been tested on humans, would be the first capable of treating the deadly Bundibugyo strain of Ebola.
Politics & Power: How thousands of departures from the DOJ are reshaping justice
A rapid, high‑profile exodus of experienced DOJ attorneys has drained legal expertise, shifted enforcement priorities, strained remaining staff, and prompted growing concern from judges, former officials and legal observers about the department’s capacity and credibility.
Microsoft Defender can now automatically isolate hacked endpoints
Microsoft is testing a new Defender for Endpoint capability that will automatically isolate compromised endpoints to thwart attackers' attempts to move laterally across the network.
Eating less meat can improve gut microbiome
I read about a study that says it's possible for someone who eats meat to have a gut that's as healthy as someone who is vegan. I know your gut microbiome is an important part of good health, but I'm just not cut out to be a vegan. I'd like to know more about that research.
Wasserman Schultz’s FL-20 run ‘undermining Black political power,’ DNC members say
Almost all of Florida’s elected DNC members said she made a “politically convenient” decision “undermining Black political power.”
Fernandes keen to 'have a word' with Keane
Bruno Fernandes was a key figure for Manchester United during the 2025-26 campaign, helping the club secure a third-place Premier League finish and a return to the Champions League after a two-season absence. Fernandes has defended his character and achievements after ex-United captain Roy Keane described him as being at the centre of a "circus act" following the victory over Nottingham Forest on the penultimate weekend of the season.
Dozens of Philly nightlife spots want to party until 4am during World Cup
Philly is joining other host cities in pushing back last-call in order to capitalize on the inrush of tourists poised to visit for the global tourney.
MLGW plans $60M expansion, Memphis Capital hosts business roundtable
This week's Mane Street includes updates from a SBA roundtable, MLGW's new service center plans, new apartments in South Memphis and April home sales.
Madison’s Feestet takes it one jam at a time with patron support
Helen Feest experiments with direct, personal support — currently by the restaurant Sultan — for inclusive jazz jams at North Street Cabaret.
Former Badgers basketball star Sam Dekker turns to coaching
After 11 pro seasons in the NBA and overseas, Dekker will become an assistant coach for the University of South Carolina Gamecocks.
U.S. Business Leaders are Quietly Plotting Their Escape to Europe: How Will They Get There?
A growing number of wealthy Americans are exploring dual citizenship or Golden Visas in an attempt to escape the U.S. for what they consider a better life in Europe. These are the options.
Charlotte business news roundup: Wegmans, I-77 tolls and more. What to know
Wegmans is coming, I-77 tolls are going and there’s yet another step forward to try to revive the Excelsior Club site.
A Powerful H.I.V. Drug Lands in Zambia. But Will It Reach Those Who Need It?
Lenacapavir, which protects people from H.I.V. infection with twice-yearly shots, is arriving in a country where the health system has been hollowed out by American aid cuts.
Ohio Gov. DeWine talks endorsing Ramaswamy, why legalizing sports betting is his 'biggest mistake'
Ohio Gov. Mike DeWine reflected on his time in office, shared plans for his post-politics life and touched briefly on the current governor’s race during a recent forum.
Providers skeptical business tax credit will move the needle on childcare capacity
New Hampshire Gov. Kelly Ayotte and business leaders celebrated the passage of the Child Day Care Tax Credit Program in the Legislature this month, a bill that would allow businesses to receive a tax credit for creating new childcare spots. However, childcare providers say they are skeptical the bill will increase capacity as intended.
CIOs tackle hybrid roles, blending business outcomes with IT
Tech leaders are taking on dual-role mandates as businesses look to consolidate silos and capitalize on AI, according to executive search experts.
Gemini user hits 5-hour usage cap after a single prompt, Google responds
"Yikes!" is exactly the right reaction for this situation.
NASA just gave SpaceX more crew missions because Boeing can’t certify
NASA has filed a procurement notice announcing its intent to add six post-certification missions to SpaceX’s existing Commercial Crew Transportation Capability contract. The agency said it would order up to three of those missions immediately upon adding them to the contract, with the remaining three available as needed through the end of the International Space […]
Footballers' wages fund disability sport for a year
Norwich City captain Kenny McLean says helping the charity is a "no-brainer" for the players.
Bleacher Report launches YouTube channel for its sports cartoon fanbase ahead of World Cup
Bleacher Report is betting on animated sports content and YouTube distribution to capture World Cup fans and young viewers.
Advancing high-threat pathogen preparedness in WHO South-East Asia Region: 2025 in review
Effective preparedness for high-threat pathogens demands more than technical tools — it requires a coherent strategy, sustained country engagement, and the institutional infrastructure to translate evidence into action. In 2025, the Pandemic and Epidemic Management (PEM) Unit advanced all three, working across the full spectrum of high threat pathogen (HTP) preparedness: from methodology development and evidence generation to country-level technical support, emergency response, and regional workforce strengthening.At the core of the PEM unit's work is building the regional evidence and policy architecture needed to prioritize and respond to HTPs systematically. A major milestone was the development of the HTP Prioritization Methodology — a structured, multi-criteria approach to ranking pathogens by epidemic potential, severity, and national context — and its national pilot in Bangladesh, where SARS-CoV-2, Nipah, dengue, and cholera emerged as the highest-priority threats, informing the PEM unit's contribution to 2026–27 biennium prioritization and workplan development (Access link here).Underpinning this work, the PEM unit advanced the peer-reviewed evidence base for HTP preparedness in the South-East Asia Region (SEAR), with three publications in international journals in 2025: Development of a zoonotic influenza distribution assessment and ranking system (ZIDAR): Technical application in Nepal to support cross-sectoral risk-based surveillance in One Health; Implications for influenza A virus surveillance in Southeast Asian Region countries: a scoping review of approaches for the surveillance of swine influenza viruses at human-swine interfaces in BMJ Public Health; and Operationalizing multisector partnerships: a Theory of Action and Reflection tool for zoonotic influenzas in Health Policy and Planning. Together, these contributions move the Region’s HTP preparedness agenda from practice to science — generating the transferable methodological foundations that will inform evidence-based capacity strengthening in Member States.Country-level engagement in 2025 reflected the breadth of contexts in which HTP preparedness must function. Technical support was provided for Mpox and cholera events across the Region, including coordination of cholera and acute watery diarrhea prevention and control in Myanmar in the wake of the March 2025 earthquake. In Myanmar, the PEM unit contributed technical leadership to the earthquake emergency response — one of the most complex humanitarian emergencies in the SEAR — as Health Operations and Technical Support lead within the Incident Management Support Team. This included strengthening emergency response planning, supporting operational and after-action reviews, and providing monitoring and evaluation support for both acute and protracted crisis response. The breadth of HTP support provided to emergency operations across the SEAR was documented in the PEM unit’s contribution to the regional report for the Health Security Interface Technical Advisory Group.In Sri Lanka, technical collaboration with the WHO Country Office and the Ministry of Health laid the groundwork for the National Steering Committee's 2026 annual meeting, development of Standard Operating Procedures for specialized emergency response, and a national training programme — all structured around evidence-based risk assessment for specialized hazards including HTPs.Across the SEAR, the unit contributed to strengthening the workforce architecture that underpins HTP response. Technical inputs shaped the WHO South-East Asia Regional Health Emergency Workforce Strategy 2025–2030, and the PEM unit supported conceptual development of the health emergency workforce framework for the Pandemic Fund Round 3 proposal.Alongside this, the unit's sustained engagement on the meningitis agenda culminated in the launch of the Regional Implementation Framework to Defeat Meningitis in South-East Asia by 2030 at the Seventy-eighth Session of the Regional Committee, ensuring the Region's priorities were reflected in the Global Technical Task Force and expanding the unit's HTP engagement beyond outbreak-prone zoonotic pathogens (Regional Implementation Framework to Defeat Meningitis in South-East Asia by 2030).Taken together, 2025 demonstrated that meaningful HTP preparedness is built incrementally — through methodology, engagement, and the steady accumulation of institutional capacity across Member States.Bangladesh piloted the HTP Prioritization Methodology and identified the highest-priority pathogens in the country context (Photo credit: WHO Country Office, Bangladesh).
Steyer, Becerra clash over paid influencers in CA governor’s race. What to know
The two leading Democrats have filed dueling state ethics complaints against one another.
Outfit 3 DLC revealed for Ingrid, Sagat, Alex and C. Viper in Street Fighter 6
We're now just a few days away from Street Fighter 6's next big update with Ingrid's release and can now see more of the shiny new toys she's bringing with her.Capcom just revealed the Outfit ...
Celebrating UC Berkeley’s 2025–26 National Scholarship and Fellowship
We would like to wrap up the 2025–2026 academic year by congratulating all of the current Cal Bears and recent alums who received nationally competitive scholarships and fellowships this academic
Carver State Bank expands to Atlanta and Birmingham, strengthens small business lending
Carver State Bank is expanding into Atlanta after acquiring a branch in Georgia’s capital city. Bank president and CEO Robert James says the move builds on the bank’s Birmingham expansion and growing focus on small business lending, underserved communities, and strengthening Black-owned banking across the Southeast.
Rams QB Ty Simpson: 'It's a big advantage for me' to learn from Matthew Stafford, Davante Adams
During an interview with Sports Illustrated at the NFLPA Rookie Premiere, Los Angeles Rams rookie quarterback Ty Simpson said "it's a big advantage" for him to learn from Matthew Stafford and wide receiver Davante Adams.
Presidents, protests and politics: 2025-26 at UMich
The Michigan Daily has curated a timeline of the University of Michigan's 2025-26 school year to recap you on everything you missed.
Detroit Lions May 2026 Offseason Workout Medical Update: Penei Sewell
Injury updates from the Detroit Lions 2026 offseason workouts in late April and early May. Medical recap and outlook for Penei Sewell.
REDBIRD CAPITAL PARTNERS OFFICIAL STATEMENT
After the disappointment of last year, the mandate ownership set for the Club was to return to the Champions League and to establish a foundation for winning consistently at the top of Serie A. For...
Pine Bluffs Politics & Pie Social returns June 28
GILLETTE, Wyo. — The annual Lawrence Anderson Memorial Pine Bluffs Politics & Pie Social is set for June 28 at the Pine Bluffs Community Center. The
GPA’s Gainesville Inland Port open for business
The Gainesville Inland Port is intended to give shippers an alternative to a 600-mile roundtrip truck route that will reduce trucks on Georgia’s highways and in the Atlanta region. At full build-out, the port will have an annual capacity of 200,000 containers.
Yankees Rivalry Roundup: Injury scares in Toronto
Recapping how the Yankees’ top AL opponents fared on May 24th.
System Shock 2: 25th Anniversary Remaster gets new Nintendo Switch 2 version
Atari and Nightdive Studios have announced that, starting today, a new Nintendo Switch 2 version of System Shock 2: 25th Anniversary Remaster will be available. The game previously landed on the original Nintendo Switch. The survival horror game features high-resolution models, bonus materials, and cross-play capabilities. Here’s some information about the title: System Shock® 2: 25th Anniversary Remaster by Nightdive...
Latino-owned businesses grow, but venture capital remains an issue
“Latino-owned businesses rose by nearly 48% between 2017 and 2023,” said Marketplace senior economics contributor Chris Farrell.
Lawmakers stripped the Board of Equalization of power. Now they're fighting to join it
The Board of Equalization has very little power, but it's a launching pad to statewide political office in California.
Semiconductor decoupling. Powell's politics. Industrializing Ogaden. Free trade and the Magna Carta.
Thank you for opening your Chartbook email. Feliks Topolski, 1907-1989 8th Army’s Front, Italy 1944 Semiconductor decoupling Source: FT One thing that Jerome Powell deeply understood is that chairing the Fed under current conditions is a deeply political job. “Powell has successes and mistakes to his name. But he stands out as having thought more carefully about the Fed’s democratic legitimacy than any chair since Paul Volcker,” said Paul Tucker, a former deputy governor at the Bank of England, referring to the Fed chair who successfully fought the great inflation of the 1970s and early 1980s. … While Powell was at the Treasury in the early 1990s, he watched Alan Greenspan build relationships within the government. That convinced Powell he needed to follow the former Fed chair’s lead and spend more time in Congress than his predecessors Yellen and Bernanke. “The accountability for the Fed runs through Congress,” said Claudia Sahm, a former Fed official who is now chief economist at New Century Advisors. “That’s not just about having people on speed dial — it’s answering questions, explaining policy and getting feedback.” Source: FT Ethiopia’s PM Abiy and Nigerian business tycoon, with Chinese engineering, are driving industrialization in Ogaden/Somali region of Ethiopia. - Michael Masri’s reporting for Africa Report if fascinating. Ethiopia has launched a cluster of large industrial schemes in the Somali region, laying foundation stones for a urea plant and an oil refinery in Gode while opening the first two phases of the Ogaden LNG project. Abiy Ahmed framed the push as part of a broader strategy to link energy, agriculture and industry. “These projects embody more than industrial growth,” he said. “They represent our shared responsibility to harness opportunities, strengthen co-operation and promote peace.” The Gode urea plant, backed by Dangote Group and Ethiopian Investment Holdings (EIH), is designed for 3m tonnes a year. Dangote owns 60%, while EIH holds 40%. Officials say Dangote’s equity totals about $2.5bn, while the state provides land and implementation oversight. Gas from the Calub fields will be piped 108km to the site. Construction is slated for 40 months, with operations targeted for 2028. Ethiopia imports most of its fertiliser, spending more than $1.2bn a year for 1.5m–2m tonnes. Usage was roughly 1.7m tonnes in 2023, almost half of it urea, and demand for 2024–25 is put above 2.4m tonnes. If delivered on time, the Gode plant could cover domestic needs and allow exports to neighbours. Brook Taye, chief executive of EIH, called the venture “a significant milestone in the journey toward industrial self-sufficiency”. Dangote told the groundbreaking crowd that the complex would be integrated with gas supply and a polypropylene unit to support local inputs. He pointed to Ethiopia’s Grand Ethiopian Renaissance Dam (GERD), with a capacity of more than 5,000MW, and noted his group’s cement operations and expansion plans. The Gode refinery is being developed by Golden Concord Group of China. It is designed to process 3.5m tonnes a year of crude and condensate from the Hilala field, with associated storage. Backers say it will ease foreign-exchange pressure from fuel imports and anchor further industrial activity, including a proposed steel smelting site in Dire Dawa. GCL’s chair, Zhu Gongshan, cast the project as “a key step in Ethiopia’s path to energy sovereignty”, underscoring the Beijing–Addis ties. Financing details are still being finalised, but the refinery is central to the government’s energy-security narrative. Source: The Africa Report Dangote’s Ethiopian vision: Dangote began with cement. His crown jewel, Dangote Cement, dominates Nigeria’s market and has 10 operations in other nations in Africa. The formula has been consistent: identify sectors with chronic shortages – cement, fertiliser, sugar – commit massive local investments, and scale up to serve regional demand. Ethiopia was a natural extension of that model. In 2015, Dangote launched the Mugher Cement Plant outside Addis Ababa at a cost of $600m, with an annual capacity of 2.5 million tonnes. The investment gave him a firm foothold in one of Africa’s fastest-growing construction markets. But success came with risks. In May 2018, violent unrest led to the killing of Dangote’s country manager and temporary shutdowns at Mugher. While other investors might have retreated, Dangote doubled down. Today, he is preparing to spend $400m to expand Mugher’s capacity to 5 million tonnes, alongside a new grinding unit near Addis Ababa. Cement is just one market Dangote is targeting. Ethiopia’s enormous state-controlled sugar industry, long plagued by inefficiency and debt, has struggled for years to reform. Its Omo Kuraz Sugar Development Project, touted as one of the continent’s largest initiatives, continues to face delays and mismanagement. … The most ambitious venture of all is the planned fertiliser production complex in Gode, Somali region. Publicised on 28 August 2025, the Dangote Group and Ethiopian Investment Holdings (EIH) deal plans one of the world’s largest single-site urea manufacturing plants. The project costs an estimated $2.5bn and has an estimated capacity of 3 million metric tonnes annually, a rate that would not only render Ethiopia independent, but even a net exporter of fertiliser. EIH, the state wealth fund of Ethiopia, will hold 40%, while 60% is held by Dangote Group. … For Dangote, Ethiopia is a trifecta: Cement demand is projected to grow by 10% annually, its sugar consumption is growing with rapid urbanisation, and fertiliser demand is all but insatiable, given that farming supports the livelihood of 70% of Ethiopians. Source: The Africa Report The stakes for Abiy are high: For Addis Ababa, the $4bn fertiliser project in Ethiopia’s Somali region is no longer simply a manufacturing investment. It is increasingly being framed as a strategic state project tied to food sovereignty, import substitution and the government’s broader attempt to build economic resilience under mounting fiscal pressure. “Becoming self-sufficient in food is our main agenda,” Abiy says during the visit. “Land is needed; we have it. Water is needed; we have it. Human resources are needed; we have it.” The scale is enormous even by African industrial standards. Once operational, the plant is expected to produce three million metric tonnes of urea annually, potentially making it one of the continent’s largest fertiliser complexes. Ethiopian officials say the project now includes a 110km gas pipeline, a 120MW power plant, a polypropylene packaging facility and a two-million-tonne NPK blending plant. For a government grappling with chronic foreign exchange shortages, ballooning import bills and pressure on agricultural productivity, the numbers matter politically as much as they do economically. The decision to anchor the project in Gode is deliberate. Long viewed as peripheral to Ethiopia’s industrial economy, the Somali region is now being repositioned by the federal government as a future irrigation and agro-industrial corridor. Officials argue that the area’s vast land reserves and access to water could eventually support large-scale commercial farming capable of reshaping Ethiopia’s food economy. The government is simultaneously building housing infrastructure for about 5,000 residents near the plant, while officials project broader industrial expansion along the corridor. Abiy goes further, comparing the long-term revenue potential of the Gode development zone with Ethiopia’s flagship state enterprise. “The investments we are making in this Gode area, combined, will generate high revenue for Ethiopia, at par with Ethiopian Airlines,” he says. Source: The Africa Report Feliks Topolski 1907-1982 Topolski’s Chronicle, ‘Nazi Revival’, Vol. 8, Is. 1-2, 1960 HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. Photo by Jakub Dziubak on Unsplash If you are persuaded to click, please consider the annual subscription of $50. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Grim vision of drone warfare by Sylvie Kaufmann For contributing subscribers only. Subscribe The state of the art in Colbert-studies. Jean-Baptiste Colbert was Louis XIV chief minister from 1661 to 1683 and traditionally seen as an architect of absolutism and mercantilism. Alexander Hamilton later cited him as an inspiration in 1782. Now his legacy is disputed. Daniel Dessert, the chief critic, sees Colbert as the orchestrator not so much of an absolutist state as of an elite cabal. Would be great to have a good English-language review of this important debate. Source: lhistoire Didn’t know that the Magna Carta included free trade provisions Fighting for the right to the beach in Oregon in 1967: Source: Research Gate RAF Station – British and Polish Flags, c. 1940-45, The Ingram Collection Feliks Topolski, 1907-1989 ink and wash If you’ve scrolled this far, you know you want to click: Subscribe
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