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  • Don’t Miss: Eva Helene Pade’s Choreography of Color and Desire at Thaddaeus Ropac

    “Eva Helene Pade: Søgelys” is at Thaddaeus Ropac in London through December 20, 2025. Courtesy Thaddaeus Ropac gallery, London · Paris · Salzburg · Milan · Seoul . Photo: Eva Herzog

    Hauntingly beautiful… revelatory: these are the adjectives that come to mind when staring at Eva Helene Pade’s paintings. Amorphous bodies move across the canvas like a choreography of spectral dancers, dynamically taking over the elegant architecture of Thaddaeus Ropac’s gallery in London. It’s a spectacle of erotic energy, where the power of attraction and seduction of the femme fatale finds its stage, manifesting through moody, dramatic atmospheres shaped by color sensations and instinctive emotional reactions.

    Following the Danish-born, Paris-based artist’s institutional debut at ARKEN Museum of Contemporary Art in Denmark earlier this year and multiple new auction records set at auction (the latest at Sotheby’s Hong Kong in 2024, when A Story to Be Told #14 (2021) sold for $123,417) the exhibition “Søgelys” (on view through December 20, 2025) brings together a new group of paintings in which Eva Helene Pade continues to explore the violent and seductive forces that exist between bodies in space. The body is examined here as both a medium and a filter, a porous psychical, cognitive and emotional membrane through which we negotiate our interactions and relationships with others. Painting becomes a vehicle for a continuous exercise of female embodiment and disembodiment, creating both a dance and a tension that unfolds within the canvas and the surrounding space. “Color is crucial for me; it’s emotional and psychological,” she tells Observer. “The palette often defines the atmosphere of a work before the figures even appear.”

    An artist stands in her studio before a large, glowing painting of abstracted nude forms, surrounded by paint tubes and a messy, color-covered worktable.An artist stands in her studio before a large, glowing painting of abstracted nude forms, surrounded by paint tubes and a messy, color-covered worktable.
    Eva Helene Pade. Courtesy of Thaddeus Ropac.

    Pade turns the canvas into a living stage where color and movement try to spontaneously channel and translate the prelinguistic expressions of the human psyche. Her process is deeply intuitive: the figures emerge from the act of painting itself, beginning with an abstract field and moving through a fluid process of identification and alienation. “I start drawing figures into it. At first, they appear as little blobs, and gradually I begin carving them out until the forms start taking shape, only to change again and become something else entirely,” she says. Pade also tunes herself to rhythm, listening to classical music to enter an inner world of narratives and transforming its prelinguistic storytelling into a tool to address universal questions about the human condition.

    “I work very instinctively, letting intuition lead. Sometimes it fails; sometimes it surprises me. I rely on that tension,” she says, acknowledging how her influences have shifted over time, though certain painters have always remained with her. The psychological charge of her work recalls the emotional and psychological layering of artists such as Edvard Munch, Amber Wellmann, Nicolas de Staël, Cecily Brown, Marlene Dumas and Miriam Cahn, as well as older masters like Rodin and Rubens, who reveal how much emotion can be conveyed through a gesture or pose.

    Still, despite this intuitive channeling through pigment and color, Pade’s works are never autobiographical portraits; they’re personal but not literal. “I don’t paint people from my life, nor do I use photographic references. They’re intuitive, almost dreamlike—images that emerge and shift as I work,” she explains.

    Like monsters or ghosts reemerging from the subconscious, these spectral presences probe the porous diaphragm between the inner and outer world, a boundary that painting can reveal. “I’ve always been drawn to painting. I began drawing as a means to process both external reality and my inner world,” Pade says. She never had strict academic training, so she taught herself anatomy, proportion and form, which may be why her figures appear slightly off, existing within her own visual logic. “That wonkiness has become my language.”

    A blurred figure walks through a gallery filled with large, suspended paintings depicting densely packed, glowing nude figures in vivid yellows, reds and blues.A blurred figure walks through a gallery filled with large, suspended paintings depicting densely packed, glowing nude figures in vivid yellows, reds and blues.
    In her debut show with the gallery, Pade’s monumental and small-scale canvases are suspended on floor-to-ceiling metal posts, set away from the walls to create dynamic spatial configurations. Courtesy Thaddaeus Ropac gallery, London · Paris · Salzburg · Milan · Seoul . Photo: Eva Herzog

    The canvas becomes the stage where the “shadow,” the “removed,” is confronted in a distinctly Freudian and Jungian sense. “I keep molding the surface, working into the face, pulling new elements out of the shadows that I hadn’t noticed before,” Pade confirms. “A dark color might form a symbol or pattern, which I then push back into the composition.” It’s a long, layered process that involves as much waiting and letting the paint dry as it does discovery and transformation.

    Still, it’s immediately apparent upon entering the show that this new body of work engages with femininity, sensuality and the position of the female body in space. Painting is for Pade a means of exploring the relationship between self and surroundings, how this dynamic subtly defines and redefines identity between body and soul, between the one and the many. Her figures, often expressionless and featureless, convey emotion through gesture and contortion, resonating with a universality that transcends any autobiographical reading.

    What she paints is a potentially cacophonous orchestra of sensations and voices, a confrontation with the chaos of humanity in which the self is continually dissolved and rediscovered. Pade began painting crowds during lockdown, reflecting the strange collective isolation of that time. “They’re images of people together, but not necessarily about any specific moment. They’re more like metaphors of time itself.”

    There is always a narrative in her paintings, but it remains open-ended. It’s the drama of human existence in dialogue with the external world that Pade paints. “I don’t want to trap the viewer in a single message. It’s more like a free exploration on the canvas: an emotional and physical response that builds its own logic,” she says.

    A dense cluster of nude figures rendered in fiery reds, oranges and deep blues gathers amid sharp, radiant beams of light.A dense cluster of nude figures rendered in fiery reds, oranges and deep blues gathers amid sharp, radiant beams of light.
    Eva Helene Pade, Rød nat (Red night), 2025. © Eva Helene Pade. Photo: Pierre Tanguy. Courtesy Thaddaeus Ropac gallery, London · Paris · Salzburg · Milan · Seoul

    Once the paintings are presented outside of the studio, they gain new context from the space and from the people who encounter them. In London, Pade wanted to choreograph her own visual rhythm, thinking about how the paintings could occupy the space almost like stage sets. “The exhibition space was so unconventional that I had to respond directly to its quirks—the staircase, the unusual angles—so I began playing with composition almost like orchestration,” she explains. “It all made sense because the project was inspired by a ballet, so I leaned into that theatricality, treating the canvases like backdrops.”

    Pade doesn’t have a background in theater but she clearly thinks compositionally, almost like a stage director. The paintings are intentionally life-sized so the figures stand in direct relation to the viewer’s body as they float and dance in these hazy atmospheres, much like in a nightclub or a theater. “I want the experience to be physical, to break the passive distance between viewer and painting.”

    Although the works are two-dimensional, they feel animated by their dense atmospheres, where bodies flicker between visibility and occlusion, partially veiled by soft billows of smoke or lit from within by a flaming glow or radiant beams of light. Lifting the paintings off the wall and letting them float through the space isn’t a gimmick; it heightens this emotional rhythm. “For these crowd scenes, it made sense. The figures seem to hover or drift in space, and the installation amplifies that effect,” she notes.

    Small figurative paintings mounted on tall metal poles line a grand white foyer with a sweeping staircase and black-and-white tiled floors.Small figurative paintings mounted on tall metal poles line a grand white foyer with a sweeping staircase and black-and-white tiled floors.
    For Pade, the human body is part of a primal, instinctive language, like a brushstroke, a gesture or a dance. Courtesy Thaddaeus Ropac gallery, London · Paris · Salzburg · Milan · Seoul . Photo: Eva Herzog

    While staging the paintings outside her studio, she realized that by not hanging them flat on the wall the viewer could see their backs—the wooden stretchers, sketches and raw marks behind the surface. They became living metaphors for the relationship between inner world and external space. “I liked that transparency, that glimpse into process. Light passed through them in interesting ways, giving them a smoldering depth,” she acknowledges. “When people walked around, the paintings seemed to move with them. It became immersive. You could almost walk into the composition.”

    In the space, the unified spectral presences of Pade’s choreography found their living essence again, becoming interlocutors with the viewers. And if painting is, first of all, an open conversation, an expansive narrative field where everyone can identify and project their own meanings, the universal power of connection offered by Eva Helene Pade’s painterly storytelling and its endless variations is proof of how her art can still evolve. Even the “failed” works contribute to her evolution, as painting remains for her both a necessity and an urgency, a means to confront and process the multifaceted reality of the world. “You learn technique, rhythm and restraint from them.”

    The potentially continuous evolution of the canvases on view reveals Pade’s enduring excitement for painting. “I don’t plan big conceptual changes. It evolves organically with each new piece,” she reflects. “Some paintings fail; I destroy or hide them if they don’t resonate. I think it’s crucial to be self-critical. A work that doesn’t move me won’t move anyone else.”

    A large, suspended painting of tightly clustered nude figures glowing in warm orange light hangs at the center of an arched white gallery corridor with wood floors and ornate railings.A large, suspended painting of tightly clustered nude figures glowing in warm orange light hangs at the center of an arched white gallery corridor with wood floors and ornate railings.
    Installed in the round, fragments of Pade’s images overlap so that characters appear to flit from one scene to another, vanishing and then recurring as in dreams. Courtesy Thaddaeus Ropac gallery, London · Paris · Salzburg · Milan · Seoul . Photo: Eva Herzog

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    Don’t Miss: Eva Helene Pade’s Choreography of Color and Desire at Thaddaeus Ropac

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  • Wall Street scrambles back from a big morning loss as Nvidia and bitcoin swing

    NEW YORK (AP) — An early swoon shook the U.S. stock market on Friday, as Nvidia, bitcoin, gold and other high flyers swung on an increasingly antsy Wall Street, but it quickly calmed.

    After starting the day with a sharp drop of 1.3%, the S&P 500 erased all of it and then meandered up and down before finishing with a slight dip of 0.1%. The Nasdaq composite flipped to a gain of 0.1%, while the Dow Jones Industrial Average trimmed its loss to 309 points, or 0.7%, after earlier being down nearly 600.

    AI stocks were again at the center of the action, a day after dragging Wall Street to one of its worst drops since its springtime sell-off. Nvidia, which has become the poster child of the frenzy around artificial-intelligence technology, began the day with a loss of 3.4%. It then stormed back to a rise of 1.8% and yanked the market in its wake.

    Critics have been warning that the U.S. stock market could be primed for a drop because of how high prices have shot since April, leaving them looking too expensive. They pointed in particular to stocks swept up in the AI mania. Nvidia’s stock has more than doubled in four of the last five years, for example, and the chip company is still up more than 40% for this year so far.

    Even with sharp swings for the S&P 500 the last couple of weeks, the index that dictates the movements for many 401(k) accounts remains within 2.3% of its record set late last month.

    “Occasional market drops are the price of the ticket for the ride,” said Brian Jacobsen, chief economist at Annex Wealth Management.

    Outside of tech, Walmart edged down 0.1% after saying CEO Doug McMillon will retire in January in a surprise move. It had been down as much as 3.6% in the morning. McMillon helped the retailer embrace technology more.

    All told, the S&P 500 fell 3.38 points to 6,734.11. The Dow Jones Industrial Average dropped 309.74 to 47,147.48, and the Nasdaq composite rose 30.23 to 22,900.59.

    One way companies can tamp down criticism about too-high stock prices is to deliver solid growth in profits. That’s raising the stakes for Nvidia’s profit report coming Wednesday, when it will say how much it earned during the summer.

    If it falls short of analysts’ expectations, more drops could be on the way. That would have a big effect on the market because Nvidia has grown to become Wall Street’s largest stock by value. That gives Nvidia’s stock movements a bigger effect on the S&P 500 than any other’s, and it can almost single-handedly steer the index’s direction on any given day.

    Another way for stock prices broadly to look less expensive is if interest rates fall. That’s because bonds paying less in interest can make investors willing to pay higher prices for stocks and other kinds of investments.

    Treasury yields had been falling for most of this year on expectations that the Federal Reserve would cut its main interest rate several times. And the Fed has indeed cut twice already in hopes of shoring up the slowing job market.

    But questions are rising about whether a third cut will actually come after the Fed’s next meeting in December, something that traders had earlier seen as very likely. The downside of lower interest rates is that they can make inflation worse, and inflation has stubbornly remained above the Fed’s 2% target.

    Fed officials have pointed to the U.S. government’s shutdown, which delayed the release of updates on the job market and other signals about the economy. With less information and less certainty about how things are going, some Fed officials have suggested it may be better just to wait in December to get more clarity.

    In the bond market, the yield on the 10-year Treasury rose to 4.14% from 4.11% late Thursday.

    Bitcoin is one of the investments that can get a boost from lower interest rates. It fell below $95,000, back to where it was in May. It had been near $125,000 only in October.

    The price of gold, meanwhile, sank 2.4%. It shot to records throughout the year as investors looked for something that could protect from high inflation and big debt loads built by the U.S. and other governments worldwide. But interest rates staying higher can hurt gold, which pays its investors nothing in interest or dividends.

    In stock markets abroad, indexes dropped across Europe and Asia. South Korea’s Kospi fell 3.8% for one of the world’s largest losses.

    London’s FTSE 100 sank 1.1% amid speculation the U.K. government may ditch plans to raise income taxes, which would have helped chip away at its debt.

    ___

    AP Writer Teresa Cerojano contributed.

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  • Kraken Boss Slams UK Crypto Rules for Crippling User Experience


    Arjun Sethi has likened the FCA’s crypto warnings to cigarette labels, calling them discouraging and counterproductive.

    Kraken Co-CEO Arjun Sethi has criticized the crypto promotion rules enacted by the UK’s Financial Conduct Authority (FCA), warning that the strict regulatory framework is slowing transactions and limiting access to services for users.

    Over the past few months, UK financial watchdogs have come under fire from crypto executives for what many see as an overly cautious approach to the regulation of digital assets.

    Cigarette Box Warning on Crypto Sites

    In remarks to the Financial Times, Sethi compared the risk warnings on UK crypto platforms to the health warnings seen on cigarette boxes, saying that visiting any digital asset website in the country, including Kraken’s, felt like being told that using the service could be harmful. He further explained that the additional transaction steps imposed under the rules make the user experience worse rather than safer.

    Introduced in 2023, the FCA’s Financial Promotions Rule requires all crypto companies operating in the UK to prominently display risk warnings on their websites and add “positive frictions,” such as questionnaires, to gauge whether participants understand the risks associated with crypto investments.

    The issue has gained fresh urgency following incidents such as the UK’s decision to ban Coinbase’s “Everything Is Fine” advertisement.

    According to the Kraken executive, while disclosures are essential, the UK regulator’s overly rigid approach can discourage customers from investing, potentially leading to missed opportunities. He added that the tighter regulatory atmosphere in the country is denying millions of users of his exchange over 75% of the products that its U.S. customers enjoy.

    However, the FCA maintains that its measures aim to safeguard consumers, not discourage investment. It insisted that some users may determine that crypto investing is not suitable for them, an outcome it described as the rules “working as intended.”

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    Debate Deepens on UK’s Crypto Direction

    Sethi is not alone in his criticism. Only a few weeks ago, Bivu Das, the managing director of Kraken UK, spoke of the country’s regulatory measures and the slow approach by watchdogs to set a proper framework.

    He added that the Bank of England’s proposal to cap individual stablecoin holdings lacked clarity, a concern also raised by the vice president of international policy at Coinbase, who noted that no other major jurisdiction had introduced such caps.

    However, not all observers share these concerns. David Heffron, a financial regulation partner at Pinsent Masons, argued that the Bank of England’s new direction demonstrated a strong focus on financial stability. Likewise, Hannah Meakin of Norton Rose described the move as a foundational step toward maintaining the UK’s competitiveness in digital finance.

    Meanwhile, Kraken has continued strengthening its international footprint despite regulatory hurdles, recently acquiring Small Exchange, a CFTC-licensed Designated Contract Market, in a $100 million deal.

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  • Russian Billionaire Abramovich Says Jersey Investigation Is Baseless and Unlawful

    MOSCOW (Reuters) -Russian billionaire Roman Abramovich’s spokesperson said on Sunday that a criminal investigation launched by the Jersey authorities against him in 2022 was baseless and that he had been allowed to introduce “claims of conspiracy” against the government.

    In April 2022, the Royal Court of Jersey imposed a formal freezing order on $7 billion worth of assets in trusts which Jersey said were linked to Abramovich and the Attorney General of Jersey said that Abramovich was a suspect in a criminal investigation.

    “No charges have been brought against Mr Abramovich in the 3.5 years since the investigation was commenced, and, to our knowledge, in fact no progress has been made on this case,” his spokesperson said.

    “Mr Abramovich was allowed earlier this year to introduce claims of Conspiracy against the Government of Jersey,” the spokesperson said.

    Jersey did not immediately respond to a request for comment on the statement.

    Abramovich’s spokesperson said that the conspiracy claim related to the government of Jersey admitting to having deleted data relating to the case as well as their overall failure to disclose data held on Abramovich.

    Abramovich, who also holds Israeli citizenship, was one of the most powerful businessmen who earned fabulous fortunes after the 1991 break-up of the Soviet Union. Forbes has put his net worth at $9.2 billion.

    (Reporting by Reuters; editing by Guy Faulconbridge)

    Copyright 2025 Thomson Reuters.

    Photos You Should See – Oct. 2025

    Reuters

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  • Britain Announces Largest Asylum Policy Overhaul in Modern Times

    LONDON (Reuters) -Britain said on Saturday it would launch the largest overhaul of policy on asylum seekers in modern times, drawing inspiration from Denmark’s approach, one of the toughest in Europe and widely criticised by rights groups.

    The Labour government has been hardening its immigration policies, particularly on illegal small-boat crossings from France, as it seeks to stem the surging popularity of the populist Reform UK party, which has driven the immigration agenda and forced Labour to adopt a tougher line.

    As part of the changes, the statutory duty to provide support to certain asylum seekers, including housing and weekly allowances, will be revoked, the Home Office (interior ministry) said in a statement.

    The department, led by Shabana Mahmood, said the measures would apply to asylum seekers who can work but choose not to, and to those who break the law. It said that taxpayer-funded support would be prioritised for those contributing to the economy and local communities.

    Mahmood is expected to provide further details on Monday about the measures, which the Home Office says are designed to make Britain less attractive to illegal migrants and make it easier to remove them.

    “This country has a proud tradition of welcoming those fleeing danger, but our generosity is drawing illegal migrants across the Channel,” Mahmood said. “The pace and scale of migration is placing immense pressure on communities.”

    More than 100 British charities wrote to Mahmood urging her to “end the scapegoating of migrants and performative policies that only cause harm”, saying such steps are fuelling racism and violence.

    Polls suggest immigration has overtaken the economy as voters’ top concern. Some 109,343 people claimed asylum in the UK in the year ending March 2025, a 17% rise on the previous year and 6% above the 2002 peak of 103,081.

    UK GOVERNMENT INSPIRED BY DENMARK, OTHER EUROPEAN COUNTRIES

    The Home Office said its reforms would be inspired not only by Denmark but other European countries, where refugee status is temporary, support is conditional and integration is expected.

    “The UK will now match and in some areas exceed these standards,” the department said.

    Earlier this year, a delegation of senior Home Office officials visited Copenhagen to study Denmark’s approach to asylum, where migrants are only granted temporary residence permits, usually for two years, and must reapply when these expire.

    If the Social Democratic Danish government deems their home country safe, asylum seekers can be repatriated. The path to citizenship has also been lengthened and made more difficult, with stricter rules for family reunification.

    Among other measures, 2016 legislation allows Danish authorities to seize asylum seekers’ valuables to offset support costs.

    Britain currently grants asylum to those who can prove they are unsafe at home, with refugee status given to those deemed to be at risk of persecution. The status lasts for five years, after which they can apply for permanent settlement if they meet certain criteria.

    Denmark has been known for its tough immigration policies for over a decade, which the Home Office says have reduced asylum claims to a 40-year low and resulted in the removal of 95% of rejected applicants.

    RIGHTS GROUPS SAY DENMARK’S POLICY UNDERMINES PROTECTION

    Britain’s Refugee Council said on X that refugees do not compare asylum systems while fleeing danger, and that they come to the UK because of family ties, some knowledge of English, or existing connections that help them start anew safely.

    Anti-immigration sentiment has been growing in the UK, with protests taking place this summer outside hotels sheltering asylum seekers with state funding.

    Such sentiment has also spread across the European Union since over a million people – mostly Syrian refugees – arrived via the Mediterranean in 2015-16, straining infrastructure in some countries. Unable to agree on how to share responsibility, EU member states have focused on returns and reducing arrivals.

    Denmark’s reforms, implemented while it remains a signatory to the European Convention on Human Rights, have drawn significant criticism, with rights groups saying the measures foster a hostile climate for migrants, undermine protection and leave asylum seekers in prolonged uncertainty.

    (Reporting by Catarina Demony; editing by Mark Heinrich)

    Copyright 2025 Thomson Reuters.

    Photos You Should See – Oct. 2025

    Reuters

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  • Heady odors and sensory overload as 5,200 cheeses compete for the World Cheese Awards

    BERN, Switzerland (AP) — The first thing that hits you at the World Cheese Awards is the smell.

    As the 37th edition — part competition, part a celebration of cheese — kicked off in Switzerland on Thursday, some visitors might wish the offerings had more holes. With descriptions of odors including “stinky socks” and “sick dog,” it’s clearly a festival — and a challenge — for the nose as much as mouths, fingers and eyes.

    Welcome to sensory overload.

    Connoisseurs, culinary experts and curious consumers flocked to the three-day event in a country where cheese is both food and folklore. The first day got going with the competition, which featured over 5,200 cheeses, nearly one-fifth from Switzerland. Some 46 countries took part, a record count of competitors from Australia to Austria, Bulgaria to Brazil.

    All those offerings in the same Bern exhibition hall made for an original mélange of odors. But once past that medley of smells, the sights, flavors and individual scents of the cheeses were tantalizing.

    From ‘Stinking Bishop’ to camel cheese

    John Farrand, managing director of the Guild of Fine Food in Britain, the event organizer, says some people who tell him they “don’t like cheese, it’s that awful smelly thing” just need to take time and consider the myriad choices.

    “I would grab them and sit down with them and take them on that journey through cheese,” he said. “I get so many people say to me just impulsively ‘I don’t like blue cheese’ and that’s impossible really. There’s so much of a range of blue cheese from over here to over here,” — Farrand gestured around the hall — “there’s always a blue cheese for somebody.”

    He rhapsodized about a 120-kg (265-pound) wheel of cheese that teams rolled in and “broke” — or cut open — unleashing a powerful cloud of odor.

    “The aroma of this Emmentaler just hit me,” Farrand said. “That’s the first time that that cheese has released its greatness and the aroma … just makes you hungry.”

    Some may turn up their noses at bacteria-blued “bleu” cheeses or reject the strong odors of varieties like Limberger, Taleggio, “Stinking Bishop” and Époisses de Bourgogne — a Burgundy specialty reputed to be Napoleon’s favorite, and one so stinky that urban legend claims it’s banned from public transport in France.

    Others might not get over the hump of hesitation to taste a camel (or buffalo or donkey) cheese, or cringe at unpasteurized or squishy cheeses. More adventurous tasters will try the most gooey or moldy cheeses, looking for the most rich, creamy or meaty varieties on hand.

    For the judges, no such compunction: It’s more about scrutiny, savoring, criticism and curiosity.

    Strict rules for judges and journalists

    Scores of judges in yellow aprons circled the rows of long, numbered rectangular tables before digging in. They sliced wedges out of hard cheeses and pressed them to their noses, or used spreaders to scoop up soft cheeses, inspecting the consistency and licking or dribbling them onto their tongues.

    The judging zone was set off by a waist-high fence and ropes, and security guards kept watch. Journalists were allowed into the area only under escort, and were only allowed to view and smell the cheeses — not taste or even touch them.

    It was a blind taste test for the 265-odd judges on hand: All identifying packaging or marking was removed from the cheeses. Their job was to poke, peruse, sniff, touch and taste the offerings — a tall order with so many to choose from — before making their selections for gold, silver and bronze awards based on attributes like aroma, body, texture, flavor and “mouthfeel.”

    Only those honored as “Super Gold” made the cut for the glitzy “Super Jury” selection of 14 finalist cheeses. The judges — and the public — only found out where the cheeses were from after the voting on each was completed.

    Paul Thomas, a cheesemaker from Urstrom Kaese, south of Berlin, sliced into a blue cheese covered with cherries and billed as having hints of a Manhattan cocktail. After tasting it, he said he was “pleasantly surprised throughout most of that flavor journey.”

    “But right at the end it leaves me with something just … it’s a slightly off flavor toward the back of the tongue,” he added.

    ‘Gouda’ news for Switzerland

    Experts admit that choosing a winner is tricky. While the final products from the “caseiculture” — the curdling, coagulating, cheddaring and other processes involved in making cheeses — can be judged on aspects like craftsmanship and quality, taste is an individual thing.

    This year’s winner was Swiss: A “spezial” Gruyere from the Vorderfultigen Mountain Dairy about 20 kilometers (12 miles) south of Bern, which scored 85 points from the jury. The raw cow’s milk cheese was drained overnight and dry salted before being matured for more than 18 months.

    A creamy, flower-sprinkled “Crémeux des Aldudes aux fleurs” from the village of Etxaldia in French Basque country was runner-up, trailed by a 9-month-aged Swiss Appenzeller Edel-Würzig. Other finalists were from Britain, Japan, the Netherlands, Slovakia and the United States.

    Many cheeses come away with other accolades: More than 20 were selected as national or regional “bests” — such as best American, Basque-country, Japanese or Ukrainian cheese. Other trophies were given out by category such as the best cheddar, raw-milk, goat or ewe, or smoked cheeses.

    While the U.S. state of Wisconsin hosts the World Championship Cheese Contest and a competition in France selects the world’s best cheesemonger, organizers of the World Cheese Awards say it’s the largest cheese-only event anywhere. The competition started in Britain, but Italy, Spain and Norway have also hosted.

    Charlie Turnbull, director of the Academy of Cheese, poked his nose toward a round, soft brownish-orange cheese with a pungent smell caused by the Brevibacterium linens — “a close relative to the kind of bacteria you get in boys’ trainers when they’re about 15 years old.”

    “It’s challenging,” Turnbull said with a slight wince. But he added that once one got past the smell, the cheese tasted wonderful, noting “hints of fruit, lots of meaty notes, some ham stock.”

    “At the end of the day, taste trumps everything,” he said.

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  • Trump announces lawsuit of up to $5 billion against BBC over edited Jan 6 speech documentary

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    President Donald Trump on Friday said he plans to file a lawsuit against the BBC over an edit of his Jan. 6, 2021, speech cut by investigative documentary series Panorama, the news organization reported.

    “We’ll sue them for anywhere between a billion and $5 billion probably sometime next week,” Trump told reporters on Air Force One Friday evening. 

    He added that he plans to talk it over with British Prime Minister Keir Starmer over the weekend, BBC News reported. 

    “Lawyers for the BBC have written to President Trump’s legal team in response to a letter received on Sunday,” a BBC spokesperson said Thursday. “BBC chair Samir Shah has separately sent a personal letter to the White House making clear to President Trump that he and the corporation are sorry for the edit of the president’s speech on 6 January 2021, which featured in the programme.”

    ROGAN REBUKES OUSTED BBC EXECUTIVES, CLAIMS THE NETWORK ‘FELT JUSTIFIED IN COMPLETELY LYING’ ABOUT TRUMP

    President Donald Trump on Friday said he plans to file a lawsuit against the BBC over an edit of his Jan. 6, 2021, speech cut by investigative documentary series Panorama, the news organization reported. (Kin Cheung/AP Photo)

    The spokesperson said it has “no plans” to rebroadcast the documentary at the center of the controversy on any of BBC’s platforms.

    “While the BBC sincerely regrets the manner in which the video clip was edited, we strongly disagree there is a basis for a defamation claim,” the spokesperson added.

    The British news organization has been hit with criticism over a BBC Panorama documentary about Trump’s Jan. 6, 2021, speech that he delivered before the attack on the U.S. Capitol. Critics believe the documentary was misleading because it omitted Trump urging supporters to protest “peacefully,” and stitched together remarks the president made nearly an hour apart to make it appear like one long statement.

    The BBC said on Friday that the edit gave “the mistaken impression that President Trump had made a direct call for violent action” but was unintentional.

    BBC APOLOGIZES TO TRUMP AMID $1 BILLION LEGAL THREAT

    Trump speaking on Jan 6

    President Donald Trump speaking to supporters outside the White House on Jan. 6, 2021.  (Jacquelyn Martin/AP)

    Trump previously threatened to sue if the “false, defamatory, disparaging, and inflammatory statements” weren’t retracted immediately.

    The controversy led to the resignations of BBC News CEO Deborah Turness and BBC director-general Tim Davie.

    “I stepped down over the weekend because the buck stops with me. But I’d like to make one thing very clear, BBC News is not institutionally biased,” Turness told reporters outside the BBC headquarters in London on Monday.

    OUTGOING BOSS INSISTS BBC ‘NOT INSTITUTIONALLY BIASED’ DESPITE STEPPING DOWN OVER TRUMP DOCUMENTARY SCANDAL

    Trump speaking to reporters on Air Force One on Friday

    President Donald Trump speaks to members of the press aboard Air Force One on November 14, 2025, while in flight from Washington, D.C., to West Palm Beach International Airport. (Roberto Schmidt/Getty Images)

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    “Our journalists aren’t corrupt. Our journalists are hardworking people who strive for impartiality, and I will stand by their journalism,” she added. “There is no institutional bias. Mistakes are made.”

    Fox News Digital has reached out to the White House and the BBC for comment.

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  • Opinion | British Labour’s Fiscal Mess

    Britain’s stock and bond markets flopped Friday morning on new evidence that the country’s Labour Party leadership doesn’t have a clue what to do about the economy or budget. Add this to the list of welfare-state cautionary tales out of Europe.

    At one point Friday morning, the yield on the benchmark 10-year government bond, or gilt, had risen 11 basis points to 4.55%. The main London stock index dipped nearly 2%, and the pound fell. This was in response to a Financial Times report Thursday night that Chancellor of the Exchequer Rachel Reeves is abandoning plans to increase income-tax rates in her budget plan this month.

    This sounds like good news. but investors interpreted it as a sign that Ms. Reeves and her boss, Prime Minister Keir Starmer, have run out of politically viable ways to balance the government budget—which is true. Estimates of the budget “black hole” Ms. Reeves needs to fill range up to £30 billion per year—the gap between likely spending and revenue if current policies stay the same.

    An attempt over the summer to cut some particularly generous welfare benefits collapsed amid a rebellion from Labour backbenchers in Parliament, putting welfare reform off the table. Mr. Starmer is rightly under pressure to increase defense spending. Labour’s promises of economic growth via public “investment” translate mainly to pay increases for government workers.

    Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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  • BHP Liable for 2015 Brazil Dam Collapse, UK Court Rules in Mammoth Lawsuit

    LONDON (Reuters) -BHP is liable for the 2015 collapse of a dam in southeastern Brazil, London’s High Court ruled on Friday, in a lawsuit the claimants’ lawyers previously valued at up to 36 billion pounds ($48 billion).

    Hundreds of thousands of Brazilians, dozens of local governments and around 2,000 businesses sued BHP over the collapse of the Fundao dam in Mariana, southeastern Brazil, which was owned and operated by BHP and Vale’s Samarco joint venture.

    Brazil’s worst environmental disaster unleashed a wave of toxic sludge that killed 19 people, left thousands homeless, flooded forests and polluted the length of the Doce River.

    Judge Finola O’Farrell said in her ruling that continuing to raise the height of the dam when it was not safe to do so was the “direct and immediate cause” of the dam’s collapse, meaning BHP was liable under Brazilian law.

    BHP said it would appeal against the ruling and continue to fight the lawsuit.

    BHP’s President Minerals Americas Brandon Craig said in a statement that 240,000 claimants in the London lawsuit “have already been paid compensation in Brazil”.

    “We believe this will significantly reduce the size and value of claims in the UK group action,” he added.

    CLAIMANTS CELEBRATE MAJOR RULING

    Gelvana Rodrigues da Silva, who lost her seven-year-old son Thiago in the flood, said in a statement: “Finally, justice has begun to be served, and those responsible have been held accountable for destroying our lives.”

    “The judge’s decision shows what we have been saying for the last 10 years: it was not an accident, and BHP must take responsibility for its actions,” she added.

    The claimants’ lawyers accused BHP, the world’s biggest miner by market value, of “cynically and doggedly” trying to avoid responsibility as the mammoth trial began in October.

    BHP contested liability and said the London lawsuit duplicated legal proceedings and reparation and repair programmes in Brazil.

    In the trial’s first week, Brazil signed a 170 billion reais ($31 billion) compensation agreement with BHP, Vale and Samarco, with BHP saying nearly $12 billion has been spent on reparation, compensation and payments to public authorities since 2015.

    BHP said after Friday’s judgment that settlements in Brazil would reduce the size of the London lawsuit by about half.

    A second trial to determine the damages BHP is liable to pay is due to begin in October 2026.

    (Reporting by Sam Tobin. Editing by Kate Holton and Mark Potter)

    Copyright 2025 Thomson Reuters.

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  • UK Culture Minister Welcomes BBC Apology to Trump

    LONDON (Reuters) -British culture minister Lisa Nandy said on Friday it was right that the BBC had apologised to U.S. President Donald Trump over a documentary his lawyers called defamatory.

    “They’ve rightly accepted that they didn’t meet the highest standards,” Nandy told Times Radio. “I think it’s also right that they’ve apologised.”

    The documentary, which aired on the BBC’s “Panorama” news programme just before the U.S. presidential election in 2024, spliced together three parts of Trump’s speech on January 6, 2021, when his supporters stormed the Capitol. The edit created the impression he had called for violence.

    (Reporting by Sarah Young and Kate Holton, editing by Catarina Demony)

    Copyright 2025 Thomson Reuters.

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  • Deal to End US Government Shutdown Strikes Buzzy Cannabis Drinks Industry

    NEW YORK (Reuters) -The agreement to end the longest-ever U.S. government shutdown includes a provision to stop the spread of intoxicating cannabis-infused beverages sold in some U.S. states, which pose a threat to alcohol sales.

    The provision, introduced by Senator Mitch McConnell, and signed into law by U.S. President Donald Trump on Thursday, aims to close a loophole that has allowed some intoxicants to be sold as “hemp,” a legal product under federal law. The new rule excludes products with more than 0.4 milligrams of tetrahydrocannabinol, or THC, the mood-altering substance in hemp and marijuana that is derived from the cannabis plant.

    The change, effective in a year, delivers a death blow to the “low-dose” THC-infused beverages industry, which has rapidly expanded in U.S. states such as Minnesota and Tennessee that permitted the drinks. Most have at least 1 milligram of THC, giving drinkers a buzz.

    Liquor stores like Total Wine, supermarkets and convenience stores sell the beverages, prompting market research firm Euromonitor to project sales of more than $4 billion in 2028.

    Alcohol makers such as Corona brewer Constellation Brands had been internally researching the drinks to weigh their next steps in the market segment. Pernod Ricard, which distills Absolut vodka, met with executives of one of the brands to discuss a possible investment over the summer, though it ultimately did not, Reuters reported.

    McConnell first legalized hemp in 2018 to support farmers in his home state of Kentucky but then became concerned about intoxicating products such as gummies getting into the hands of children. 

    Some founders of THC-infused drinks such as Cann are hoping to find a way in the next year to have the beverages permanently legalized, co-founder Jake Bullock said in a statement.

    (Reporting by Jessica DiNapoli in New York; Editing by Richard Chang)

    Copyright 2025 Thomson Reuters.

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  • UK Pro-Palestinian Commentator Lands Back in Britain After Release From US Detention

    LONDON (Reuters) -British pro-Palestinian political commentator Sami Hamdi landed back in London on Thursday after being released from the United States, where he spent more than two weeks in immigration detention.

    Hamdi was detained on October 26 at San Francisco International Airport after U.S. officials revoked his visa during a speaking tour in which he criticised Israel’s actions in Gaza.

    “It’s wonderful to be back after being exonerated by two federal judges, both of whom found that there were serious breaches of freedom of speech,” Hamdi told reporters after landing at London’s Heathrow Airport, where he was embraced by his family.

    He said the only allegation against him was overstaying his visa after it was revoked without warning. He insisted he had complied with all visa conditions and alleged the move was linked to his advocacy for Gaza.

    “I want to say that this wasn’t just an attack on me. It was an attack on the freedoms of ordinary Americans and citizens worldwide. It was an attack on their freedom to speak the truth in the face of hatred,” he said.

    U.S. Immigration and Customs Enforcement said Hamdi’s visa was cancelled under security rules and that he was in the country illegally. Rights groups and press freedom advocates condemned the detention, calling it an attack on free speech.

    Hamdi, managing director of The International Interest, a political risk consultancy, and a frequent analyst on British television, had spoken at a gala for the Council on American-Islamic Relations in California and was scheduled to appear at another event in Florida before his arrest.

    The Trump administration has pursued a sweeping immigration crackdown this year, including revoking visas for people accused of supporting terrorism and deporting foreign nationals who have voiced support for Palestinians.

    (Reporting by Sam Tabahriti and Marissa Davison; Editing by Catarina Demony and Alex Richardson)

    Copyright 2025 Thomson Reuters.

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  • UK Military Vows Reform After Survey Reveals High Rates of Sexual Harassment

    LONDON (Reuters) -Two-thirds of women in the British army reported experiencing sexualised behaviour in the past year, according to a survey released on Thursday, findings that the government said were “wholly unacceptable”

    Britain’s first ever military-wide survey found that 67% of female personnel had encountered generalised sexualised behaviours, such as inappropriate jokes or comments, while 21% reported targeted behaviours including unwanted touching or sexual advances.

    Among men, 32% reported generalised behaviours, and 6% targeted ones.

    “All those who choose to serve our country must be able to do so with dignity and respect, which is why today’s survey results are wholly unacceptable,” Veterans Minister Louise Sandher-Jones said in a statement.

    The Ministry of Defence said it would deploy specialist prevention teams to training bases in northern and southwest England, with plans to expand to Cyprus and a Royal Air Force base by 2026 before a wider roll out.

    The programme will focus on educating recruits about consent, misogyny and harmful online influences.

    According to the latest data, the British military has about 137,000 regular personnel, of whom approximately 16,300 were women, making up just under 12% of the total force.

    There have been a number of high-profile cases in Britain in recent years which have exposed bullying, abuse, and the sexual harassment of young recruits.

    Last month, a former army sergeant major was jailed for six months for sexually assaulting a 19-year-old soldier who later took her own life.

    Thursday’s announcement also follows criticism of the Armed Forces complaints system, with the Service Complaints Ombudsman saying was not “efficient, effective or fair”.

    “The results of the survey show just how much more I, and leaders at every level, need to do to stamp out behaviour which has no place in the UK Armed Forces,” said Air Chief Marshal Richard Knighton, the head of Britain’s armed forces.

    (Reporting by Sam Tabahriti; editing by Michael Holden)

    Copyright 2025 Thomson Reuters.

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  • U.K. Economy Grows at Slower Pace Ahead of Budget

    GDP rose 0.1% in the third quarter, compared with 0.3% in the second, amid uncertainty about the government’s budget and the impact of a cyberattack on a major carmaker.

    Don Nico Forbes

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  • Britain Is Preparing Tens of Billions in New Taxes—Again

    LONDON—The U.K. has long been torn between two mutually exclusive desires: Voters want European levels of welfare with American levels of taxation.

    By accident or design, that debate is slowly being resolved in the direction of higher taxes, as Britain’s Labour government prepares its second major tax increase in as many years.

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  • Takeaways From the Newly Released Epstein Documents

    A House committee released 23,000 documents related to Jefferey Epstein on Wednesday, many of them emails the convicted sex offender sent to his rich or influential friends, or to reporters, over many years.

    Democrats on the House Oversight Committee initially released three emails where Epstein mentioned President Donald Trump. Republicans on the committee responded by disclosing the bigger trove of documents and accused the Democrats of cherry-picking a few messages out of context in an effort to make Trump look bad.

    Epstein served about a year in jail after pleading guilty in 2008 to soliciting prostitution from someone under age 18 but then went on to renew relationships with many influential figures in business, academics and politics.

    Here’s some takeaways from the documents released Wednesday.


    Epstein said Trump ‘knew about the girls,’ but it’s unclear what he meant

    Trump and Epstein were friends for years but at some point had a falling out, even before underage girls started to come forward to accuse Epstein of sexual abuse.

    Journalists sometimes reached out to Epstein, perhaps hoping he might have dirt to spill on Trump. One of those writers was Michael Wolff, who has written extensively about Trump. In a 2019 email to Wolff, Epstein mentioned that one of his best-known accusers, Virginia Giuffre, had worked at Trump’s Mar-a-Lago club.

    “She was the one who accused Prince Andrew,” Epstein wrote.

    Giuffre, who died by suicide earlier this year, had said that Epstein’s longtime companion Ghislaine Maxwell recruited her from Mar-a-Lago to give sexualized massages to Epstein. And Trump had long claimed that he banned Epstein from coming to Mar-a-Lago.

    Epstein said in an email to Wolff that Trump hadn’t asked him to resign from the club, because he hadn’t been a member.

    “Of course he knew about the girls as he asked ghislaine to stop,” Epstein added.

    In July, Trump said he had banned Epstein from Mar-a-Lago because his one-time friend was “taking people who worked for me,” including Giuffre.

    Before her death, Giuffre said that she only met Trump once and that he was not among the people who abused her. She didn’t think Trump knew of Epstein’s misconduct with underage girls.

    White House press secretary Karoline Leavitt said that Democrats had leaked select emails to “create a fake narrative to smear President Trump.”


    Mentions of former Prince Andrew

    In lawsuits and interviews, Giuffre accused Epstein and Maxwell of pressuring her into sexual encounters with Britain’s former Prince Andrew, starting when she was 17 years old. Those allegations eventually cost Andrew — now known as Andrew Mountbatten-Windsor — his official titles and his royal residence near Windsor Castle.

    In 2011, Epstein emailed a reporter and attacked Giuffre’s credibility.

    “Yes she was on my plane, and yes she had her picture taken with Andrew as many of my employees have,” wrote Epstein, before arguing that “this girl is a total liar.”

    Epstein wrote that he’d ask if then-Prince Andrew’s “people” would cooperate with the reporter for a story.

    Mountbatten-Windsor has always denied Giuffre’s allegations.

    That same year, Epstein, whose writing paid little heed to grammar or spelling, also mentioned Giuffre and Trump in an email that Epstein sent to Maxwell.

    “i want you to realize that that dog that hasn’t barked is trump.. virignia spent hours at my house with him,, he has never once been mentioned,” Epstein wrote.

    “I have been thinking about that,” Maxwell responded.

    In other emails, Epstein strategized how to respond to Giuffre’s stories, which included an account of meeting former President Bill Clinton on Epstein’s island in the Caribbean.

    “Presidents at dinner on caribean islands. ( clinton was never ever there, easy to confirm ). Sharing a bath with a Prince ( bathtub too small even for one adult ). sex slave being paid thousands of dollars. ( while at the exact same time, she was working as a hostess in a burger bar ).”

    Clinton has acknowledged traveling on Epstein’s private jet but has said through a spokesperson that he had no knowledge of Epstein’s crimes. Clinton has not been accused of wrongdoing by any of the women who say Epstein abused them, including Giuffre.


    Relationship with the press

    Many of the documents were email exchanges between Epstein and journalists he had longstanding relationships with, or who solicited his insights on financial markets and Trump.

    He was asked, typically off the record, to weigh in on everything from the president’s relationships with foreign leaders to the impact of oil prices on wealthy families in Saudi Arabia.

    Epstein offered to broker introductions between journalists and powerful people numerous times. He also contested the accusations against him.

    In a 2016 email to a reporter, Epstein denied ever spending time with former President Bill Clinton or Vice President Al Gore on his island.

    “You can also add, fresh politcal juice by stating that Clinton was never on the island,” Epstein wrote. “I never met Al Gore. No diners on the island either, no matter how much detail has been in the press.”

    Associated Press reporters Eric Tucker in Washington, D.C. and Michael R. Sisak in New York contributed to this report.

    Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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  • Exclusive-BP in Active Talks With Stonepeak Over Castrol Sale, Sources Say

    By Amy-Jo Crowley, David French and Andres Gonzalez

    LONDON/NEW YORK (Reuters) -BP is in active talks with investment firm Stonepeak over the sale of its Castrol lubricants unit, two people with knowledge of the situation said, in what would be a major step in meeting the energy company’s $20 billion divestment goal.

    • Both Stonepeak and private equity firm One Rock made bids for the unit in September, one of the people and a third one said. Reuters could not establish the value or structure of Stonepeak’s consideration or if BP is currently in talks with other parties including One Rock about a deal for Castrol. A deal may not materialize, the people said. 

    • Reuters reported in May, citing sources, that BP had kicked off the sale of Castrol.

    • RBC analysts said in recent weeks that market expectations for the sale are around $8 billion.  

    • BP, Stonepeak and One Rock representatives declined to comment.  

    • The sale is part of BP’s strategy shift to refocus as it tries to boost profitability and fend off pressure from investors including activist hedge fund Elliott.  

    • BP CEO Murray Auchincloss said earlier this month the interest in Castrol is “very high” but declined to comment on specifics. He added he expects completed or announced asset sales to total around $5 billion this year. 

    (Reporting by Amy-Jo Crowley and Andres Gonzalez in London and David French in New York. Additional reporting by Stephanie Kelly and Shadia Nasralla. Editing by Anousha Sakoui)

    Copyright 2025 Thomson Reuters.

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  • Iceland Sees Security Risk, Existential Threat in Atlantic Ocean Current’s Possible Collapse

    By Alison Withers and Stine Jacobsen

    COPENHAGEN (Reuters) -Iceland has designated the potential collapse of a major Atlantic Ocean current system a national security concern and an existential threat, enabling its government to strategize for worst-case scenarios, the country’s climate minister told Reuters.

    The Atlantic Meridional Overturning Circulation, or AMOC, current brings warm water from the tropics northward toward the Arctic, and the flow of warm water helps keep Europe’s winters mild. 

    But as warming temperatures speed the thaw of Arctic ice and cause meltwater from Greenland’s ice sheet to pour into the ocean, scientists warn the cold freshwater could disrupt the current’s flow.

    A potential collapse of AMOC could trigger a modern-day ice age, with winter temperatures across Northern Europe plummeting to new cold extremes, bringing far more snow and ice. The AMOC has collapsed in the past – notably before the last Ice Age that ended about 12,000 years ago.

    “It is a direct threat to our national resilience and security,” Iceland Climate Minister Johann Pall Johannsson said by email. “(This) is the first time a specific climate-related phenomenon has been formally brought before the National Security Council as a potential existential threat.”

    Elevation of the issue means Iceland’s ministries will be on alert and coordinating a response, Johannsson said. The government is assessing what further research and policies are needed, with work underway on a disaster preparedness policy.

    Risks being evaluated span a range of areas, from energy and food security to infrastructure and international transportation.

    An Atlantic current collapse could have consequences far beyond Northern Europe. It could potentially destabilize longtime rainfall patterns relied upon by subsistence farmers across Africa, India and South America, according to scientists.

    It could also contribute to faster warming in Antarctica, where sea ice surrounding the southernmost continent as well as ice sheets atop it are already under threat from climate change.

    Scientists have warned that the world is underestimating the threat that an AMOC collapse could become inevitable within the next couple of decades as global temperatures keep climbing.

    The Nordic Council of Ministers funded a “Nordic Tipping Week” workshop in October with 60 experts assessing how societies might be impacted. They are finalizing recommendations from the meeting, organizers said.

    “There is tons of research on the likelihood of when exactly things are going to happen,” said Aleksi Nummelin, a physical oceanographer at the Finnish Meteorological Institute. “There is much less on what is the actual societal impact.”

    On Monday, scientists from more than 30 universities and international organizations sounded an alarm about the accelerated thawing of Earth’s glaciers, ice sheets and other frozen spaces.

    Other climate ministries and meteorological offices across Northern Europe told Reuters they are funding more research while weighing possible risks in their climate adaptation plans.

    Ireland’s weather service said its scientists briefed the country’s prime minister last year and a parliamentary committee last month. Norway’s environment ministry said it was “seeking to deepen our understanding of the issue through new research” before determining whether to classify AMOC as a security risk.

    Britain said it was following scientific reports that suggested an abrupt collapse was unlikely during this century, while directing more than 81 million pounds into research to understand when the Earth’s climate systems might be pushed to a point of no return.

    “The science is evolving quite rapidly and time is running out to do anything about it because the tipping point may well be quite close,” said oceanographer and climatologist Stefan Rahmstorf from Germany’s Potsdam Institute for Climate Impact Research. 

    Iceland is not taking any chances, as the pace of warming speeds up and greenhouse gas emissions continue to rise. 

    “Sea ice could affect marine transport; extreme weather could severely affect our capabilities to maintain any agriculture and fisheries, which are central to our economy and food systems,” Johannsson said.

    “We cannot afford to wait for definitive, long-term research before acting.”

    (Reporting by Ali Withers and Stine Jacobsen in Copenhagen; Editing by Katy Daigle and David Gregorio)

    Copyright 2025 Thomson Reuters.

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  • Chinese ‘cryptoqueen’ who scammed thousands jailed in UK over Bitcoin stash worth $6.6 billion

    LONDON (AP) — A Chinese woman who was found with 5 billion pounds ($6.6 billion) in Bitcoin after defrauding more than 128,000 people in China in a Ponzi scheme was sentenced by a U.K. court on Tuesday to over 11 years in prison.

    Police said the investigation into Zhimin Qian, 47, led to officers recovering devices holding 61,000 Bitcoin in the largest cryptocurrency seizure in the U.K.

    Qian, dubbed “cryptoqueen” by British media, was arrested in April 2024 after spending years evading the authorities and living an “extravagant” lifestyle in Europe, staying in luxury hotels across the continent and buying fine jewelry and watches, prosecutors said.

    Police said she ran a pyramid scheme that lured more than 128,000 people to invest in her business between 2014 and 2017, including many who invested their life savings and pensions. Authorities said she stored the illegally obtained funds in Bitcoin assets.

    When she attracted the attention of Chinese authorities, Qian fled to the U.K. under a fake identity. Once in London, police said she rented a “lavish” house for over 17,000 pounds ($23,000) per month, and tried but failed to buy multimillion pound properties in a bid to convert the Bitcoin.

    Investigators found notes Qian had written documenting her aspirations — including her “intention to become the monarch of Liberland, a self-proclaimed country consisting of a strip of land between Croatia and Serbia.”

    They said other notes showed Qian detailing her hopes of “meeting a duke and royalty.”

    Judge Sally-Ann Hales said Qian was the architect of the crimes from start to finish.

    “Your motive was one of pure greed. You left China without a thought for the people whose investments you had stolen and enjoyed for a period of time a lavish lifestyle. You lied and schemed, all the while seeking to benefit yourself,” Hales said.

    The businesswoman, who had pleaded guilty to money laundering offenses and transferring and possessing criminal property, was sentenced Tuesday to 11 years and eight months at Southwark Crown Court.

    She was sentenced alongside her accomplice Seng Hok Ling, 47, a Malaysian national who was accused of helping Qian transfer and launder the cryptocurrency. Ling was jailed at the same court for four years and 11 months after he pleaded guilty to one count of transferring criminal property.

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  • Trump Says He Has an ‘Obligation’ to Sue BBC

    (Reuters) -U.S. President Donald Trump said on Monday that he has an “obligation” to sue BBC for misrepresenting his comments ahead of the Jan. 6, 2021 attacks on the U.S. Capitol.

    “Well, I think I have an obligation to do it,” Trump told Fox News host Laura Ingraham in an interview.

    (Reporting by Jarrett Renshaw; Editing by Himani Sarkar)

    Copyright 2025 Thomson Reuters.

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