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  1. EU, Germany, And Albania Jointly Breaking The Ground For The Construction Of The 400-kV Transmission Line Construction of the first element of the high-voltage transmission line between Albania and North Macedonia has just started. The 400 kV line will be the first electric interconnection between Albania and North Macedonia and will enable direct electricity exchanges between both power systems. Read
  2. UNICEF Appeals For $1.4B To Ramp Up Preparedness And Response To Avert A Humanitarian Crisis UNICEF is sounding the alarm on a looming climate-induced humanitarian crisis in Eastern and Southern Africa where the lives of 45 million children are at risk of poor health, malnutrition, displacement and learning loss. Needs are escalated by projections indicating a strong likelihood of robust El Nino impacts such as floods lasting through early 2024 and drought which is forecasted to persist through most of 2024. Read
  3. UK, Japan, And Italy Sign International Stealth Fighter Jet Programme Treaty UK signs international Treaty with Japan and Italy for a future combat air program that aims to develop an innovative stealth fighter with supersonic capability and equipped with cutting-edge technology. Read
  4. Mozambique Can Construct More Climate Resilient Buildings, New IFC Report Says A new report from IFC – the Mozambique Market Assessment for Resilient Buildings Report – showcases the opportunities for local developers to improve the climate resilience of buildings in Mozambique, a country particularly vulnerable to the effects of climate change, including cyclones, floods, and droughts. Read
  5. SEC Charges Former CEO of Medical Device Startup Stimwave with $41 Million Fraud The Securities and Exchange Commission recently charged Laura Tyler Perryman, the former CEO and co-founder of Florida-based medical device startup Stimwave Technologies Inc., with defrauding investors out of approximately $41 million by making false and misleading statements about one of the company’s key medical device products. Read
  6. Large U.S. Military Contracts Awarded on December 20, 2023 The U.S. Defense Department announced new major contracts awarded on December 20, 2023 Read
  7. OLCF Announces SummitPLUS Allocations For Open-Science Projects The Department of Energy’s Oak Ridge Leadership Computing Facility has informed the recipients of high-performance computing time through the SummitPLUS allocation program, which extends the operation of the Summit supercomputer through October 2024. Read
  8. White House Continues to Obstruct UN Security Resolution for Ceasefire in Gaza Though it might not be called a veto, when a final vote comes down tomorrow on a proposed resolution which started as full-scale ceasefire resolution the “ceasefire” part will have vanished. Read
  9. Developing Countries Paid Record $443.5 Billion on Public Debt in 2022 Amid the biggest surge in global interest rates in four decades, developing countries spent a record $443.5 billion to service their external public and publicly guaranteed debt in 2022, the World Bank’s latest International Debt Report shows. The increase in costs shifted scarce resources away from critical needs such as health, education, and the environment. Read
  10. New Agreement Between Seven Federal Agencies Provides Role for American Climate Corps The U.S. Department of Commerce and six other federal agencies – the Departments of the Interior, Agriculture, Labor and Energy, the Environmental Protection Agency, and AmeriCorps – are formally entering into a Memorandum of Understanding (MOU) that will serve as a blueprint for the multiagency program. The MOU lays out the mission, goals, priorities, and next steps for implementing American Climate Corps. Read
  11. U.S. Bank Ordered to Pay $21 Million for Illegal Conduct During COVID-19 Pandemic The Consumer Financial Protection Bureau (CFPB) on December 19 ordered U.S. Bank to pay nearly $21 million for keeping out-of-work consumers from accessing unemployment benefits at the height of the COVID-19 pandemic. U.S. Bank froze tens of thousands of accounts. Read
  12. Night Sweats Reveal The Severity Of Sleep Apnea A collaborative effort between the University of Córdoba and IMIBIC uses, for the first time, changes in sweat metabolism to diagnose the severity of sleep apnea. Read
  13. European Union Adopts 12th Package Of Sanctions Against Russia For Its Continued War Against Ukraine The European Commission welcomes the Council's adoption of a 12th package of sanctions against Russia. The focus of this package is to impose additional import and export bans on Russia, combat sanctions circumvention and close loopholes. Read
  14. EIB And Germany Accelerate Global Ramp-up Of Clean Hydrogen The European Investment Bank (EIB) and Germany will boost the global hydrogen economy by expanding the Green Hydrogen Fund, which was established in 2021. Read
  15. Indiana Health Network Agrees to Pay $345 Million to Settle Alleged False Claims Act Violations Community Health Network Inc. (Community), a health care network headquartered in Indianapolis, has agreed to pay the United States $345 million to resolve allegations that it violated the False Claims Act by knowingly submitting claims to Medicare for services that were referred in violation of the Stark Law. Read
  16. Large U.S. Military Contracts Awarded on December 19, 2023 The U.S. Defense Department announced new major contracts awarded on December 19, 2023 Read
  17. First Segments Of The World's Largest Telescope Mirror Shipped To Chile The construction of the European Southern Observatory’s Extremely Large Telescope (ESO's ELT) has reached an important milestone with the delivery to ESO and shipment to Chile of the first 18 segments of the telescope’s main mirror (M1). Read
  18. Europe’s Insurers Modernizing Amid Mounting Challenges European insurers, facing challenging macroeconomic conditions, new market risks and changing customer demands, are seeking more agile, tech-savvy approaches to business, according to a new research report just published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. Read
  19. FTC and DOJ Release First Business Merger Guidelines Mandating Detailed Anti-Competitive Review Prior to now, when a merger of two businesses was proposed for approval by the FTC, there was no formal agreement on what constitutes a legal block under constitutional and federal antitrust laws. All that changed yesterday. Read
  20. DOT Penalizes Southwest Airlines $140 Million for 2022 Holiday Meltdown The U.S. Department of Transportation yesterday announced a $140 million civil penalty against Southwest Airlines for numerous violations of consumer protection laws during and after the operational failures that cancelled 16,900 flights and stranded over two million passengers over the 2022 Christmas holiday and into the New Year. Read
  21. MHRA Supports Launch Of Innovate UK’s First-of-its-kind Initiative To Fund New Regulatory Science And Innovation Networks Applications are now open for academic institutions wishing to bid for funding to collaborate with others to establish new Regulatory Science and Innovation Networks (RSINs) in innovative sectors. Read
  22. AfDB, West African Civil Society Institute Sign Agreement To Strengthen Capacity Of Civil Society Organizations The African Development Bank and the West African Civil Society Institute (WACSI) have signed a Memorandum of Understanding (MoU) marking a significant step in their commitment to empower civil society organizations (CSOs) across West Africa. The agreement, signed on 12 December in Abidjan, is the culmination of a two-year collaboration between the two institutions, solidifying their shared vision for an inclusive and prosperous Africa. Read
  23. President Biden’s Five-Year Plan Finalized, Continues Offshore Drilling in Gulf of Mexico The Department of Interior finalized President Biden’s Five-Year Plan for offshore oil and gas leasing following the conclusion of a Congressional review period. The plan continues leasing in the Gulf of Mexico but does not expand leasing into new waters. Read
  24. Commodities Trading Company Agrees to Pay Over $98M to Resolve Foreign Bribery Case Freepoint Commodities LLC (Freepoint), a commodities trading company based in Stamford, Connecticut, has agreed to pay over $98 million to resolve an investigation by the U.S. Justice Department into violations of the Foreign Corrupt Practices Act (FCPA) stemming from the company’s involvement in a corrupt scheme to pay bribes to Brazilian government officials. Freepoint has also agreed to disgorge more than $7.6 million to the Commodity Futures Trading Commission (CFTC) in a related matter. Read
  25. IMF and World Bank Announce US$4.5 Billion in Debt Relief for Somalia The Executive Boards of the International Monetary Fund (IMF) and the World Bank’s International Development Association (IDA) have approved the Heavily Indebted Poor Countries (HIPC) Initiative Completion Point for Somalia, which provides total debt service savings for the country of US$4.5 billion. Read