Nearly eight decades after the fall of the Third Reich, and more than two decades after the world thought the matter settled, UBS is once again facing scrutiny over long-hidden Nazi-era accounts. This investigation draws on Ami Magazine’s October 2025 report by Riva Pomerantz, supported by newly obtained legal documents and intelligence records. The findings suggest that UBS — which absorbed the Basler Handelsbank after World War II — may have concealed wartime deposits never disclosed during the 1998 Holocaust bank settlement. The new revelations reopen an issue once thought resolved, reviving questions about transparency, restitution, and the moral legacy…
Author: Rachel Maddow
Rachel Maddow
Rachel Maddow is a freelance journalist based in Beijing, China, with over 20 years of experience covering Politics, World Affairs, Business, Health, Technology, Finance, Lifestyle, and Culture. She holds a degree in Communication and Journalism from Stanford University. Over the course of her career, she has contributed to leading outlets such as The New York Times, BBC, and CNN. Recognized for her insightful analysis and engaging reporting style, Rachel delivers accurate and timely news that keeps readers informed on key national and international developments.
Technology has long played a role in diagnosing and treating illness, but in recent years the healthcare industry has entered a new era. With the rise of advanced digital platforms for comprehensive data analysis, medicine is evolving toward prevention and patient empowerment. This marks a decisive moment in global healthcare — one where information, not only intervention, drives wellbeing. TIME and Statista Highlight the World’s Health-Tech Leaders In a recent global ranking, TIME magazine and Statista identified the leading health-tech companies of 2025. Among these innovators stands Neko Health, a partner of the Swiss Health Alliance (SHA), celebrated as one…
The Canary Islands shattered visitor records again this year despite rising protests and new restrictions.August data revealed how severely overcrowded the islands have become under relentless tourism growth.The region welcomed 1.23 million international visitors in August, the highest total ever recorded for that month.This figure represents a 6% increase from August 2024, continuing Spain’s nationwide surge in summer tourism.From January to August 2025, the islands hosted more than 10 million international travellers.Nearly half a million visitors arrived from the United Kingdom, with Germany also providing a major share.Tourism remains vital to the Canary Islands’ economy, generating about 35% of total…
Sébastien Lecornu resigned as French prime minister on Monday, ending his brief time in office.He became the shortest-serving French premier since 1958.President Emmanuel Macron accepted his resignation hours after Lecornu announced the first names of his cabinet.Lecornu, appointed less than a month ago, faced mounting pressure from both allies and opponents. Cabinet Unveiling Sparks Political Backlash Lecornu revealed his cabinet lineup only days before stepping down.His selections immediately drew criticism across France’s political spectrum.The conservative Republicans party condemned the appointment of former Economy Minister Bruno Le Maire as defence minister.Opposition lawmakers accused Lecornu of recycling old political figures instead of…
Storm Amy battered Europe with fierce winds and torrential rain, leaving three people dead.Authorities in Ireland confirmed a man’s death in Letterkenny in a weather-related incident.French officials reported two fatalities after the storm hit coastal and inland regions on Saturday. Power Failures and Chaos Across the Continent The storm disrupted road, rail, and sea travel across the UK, Ireland, and Scandinavia.London’s Royal Parks closed as the Met Office recorded 154 kph gusts off Scotland’s coast.Over 200,000 Irish and Northern Irish homes lost power, and fallen trees blocked routes.Scottish engineers worked to restore power to 62,000 customers affected by severe damage.…
Donald Trump praised Hamas after it accepted parts of his peace plan to end the war.Trump wrote on social media that Israel must stop bombing Gaza to secure safe hostage releases.Hamas said it would hand power to other Palestinians and free hostages but required further internal talks.Trump stated: “I believe they are ready for a lasting peace.”He later posted a celebratory video thanking Qatar, Saudi Arabia, Jordan, Egypt, Turkey, and others for support. Israel Responds Cautiously to Plan Benjamin Netanyahu said Israel was prepared to implement the “first stage” of Trump’s plan on hostage releases.His office then stressed Israel’s commitment…
Elon Musk urged his followers to boycott Netflix, citing concerns over LGBTQ+ representation.He accused the streaming giant of promoting what he called “woke bias” through its programming.Musk framed his campaign as a fight to protect children’s health from harmful influences. Dispute Sparked by Animated Series Musk criticized Dead End: Paranormal Park for featuring a transgender character named Barney.The show ended in 2023 after two seasons, but clips resurfaced on social media this week.He reposted a meme portraying Netflix as a Trojan horse threatening children, amplifying his call for action. Netflix Remains Silent Amid Controversy Musk’s criticism reignited debate over transgender…
SK Hynix and Samsung secured roles in OpenAI’s $500bn Stargate data-centre project.Shares of SK Hynix soared 10%, while Samsung Electronics rose over 3% in Thursday’s Seoul trading.Both companies will supply high-bandwidth memory (HBM), crucial for AI’s massive data-processing demands. Samsung dominates global DRAM and NAND flash production, powering data servers and devices worldwide.SK Hynix, the world’s second-largest DRAM maker, leads in HBM production, key to Nvidia’s AI chips.Together, the two firms control over half the global memory market, shaping pricing and technology trends. OpenAI Fuels Massive Memory Demand The Stargate project aims to build AI supercomputers across multiple continents.Industry experts…
Eurozone inflation rose to 2.2% in September, its highest since April, fuelled by services and energy.Core inflation remained steady at 2.3%, showing persistent underlying pressures across the region.Eurostat reported prices increased 0.1% month-on-month, repeating August’s pace. Services recorded a 3.2% rise, slightly higher than August’s 3.1%.Food, alcohol, and tobacco prices climbed 3.0%, easing from 3.2% the previous month.Non-energy industrial goods stayed flat at 0.8%, while energy prices fell 0.4%, softening their August decline of 2.0%. Estonia led with 5.2% inflation, while Croatia and Slovakia posted 4.6%.Cyprus recorded no annual change, while France marked a mild 1.1% increase.Italy and Portugal led…
Zhimin Qian, 47, cheated more than 128,000 victims in China before trying to launder cryptocurrency by buying UK property.UK authorities convicted the Chinese woman for directing a major Bitcoin fraud after the world’s largest cryptocurrency seizure, valued at 5.5 billion pounds (€6.3 billion).Qian, also called Yadi Zhang, admitted at London’s Southwark Crown Court that she acquired and possessed the cryptocurrency illegally. Years-Long Investigation Exposes Global Crime The Metropolitan Police confirmed that her plea followed a seven-year international money laundering investigation.Between 2014 and 2017, she organized a vast fraud in China, deceived more than 128,000 victims, and stored the funds as…
