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Business May 20, 2026

£52m for social housing at risk after collapse of Heylo investment firms

The collapse of two investment firms within the Heylo Housing group has put £52m earmarked for soci…
The Collapse of Heylo Investment Firms More than £52m in public money earmarked for social housing is at risk after the partial collapse of one of England's fastest-growing housing providers, Heylo Housing. Financial Exposure and Risks Two of the investment companies run by the Heylo group, which is backed by the asset managers BlackRock, have gone into administration, leaving the government regulator scrambling to find a rescue deal to protect taxpayers' money and prevent 3,500 social homes switching to the private sector. One company owes £46.46m in unsecured credit to Homes England. The other company owes Homes England £6.21m. Homes England has estimated its total grant exposure is nearer £43m. Impact on Social Housing The grant is typically recycled when it is paid back to provide more social homes, and could help fund about 500 new homes for social rent, but it would be lost if an insufficient bid is made for the stricken companies. The administrators, PWC, have assured about 3,500 residents in more than 100 council areas they will not lose their homes and should continue to pay their mortgage and rent as usual. Regulatory Challenges The saga has exposed serious flaws in a deregulation of housing conducted by the previous government and has raised questions about attracting new investors into social housing, and giving public money to for-profit companies. The Regulator of Social Housing (RSH) is hoping the homes can stay in the social housing sector, if it is able to persuade another regulated landlord to buy the stock. Future Outlook The RSH, the investors, and the administrators are hoping that Heylo's homes can stay in the social housing sector and at least partially protect the public grant involved. However, this outcome is far from certain and at least some of public money may have to be written off.
#Heylo Housing #BlackRock #Homes England
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Business May 20, 2026

New York City Hotels Reach Last-Minute Deal to Avert Strike Before FIFA World Cup

New York City hotel operators and unions have reached an eight-year labor deal covering 25,000 work…
The Last-Minute Labor AgreementNew York City hotel operators and unions have successfully negotiated an eight-year labor deal covering approximately 25,000 workers, effectively averting a strike that had threatened to disrupt the city just before the FIFA World Cup. According to Vijay Dandapani, president and chief executive of the Hotel Association of New York City, the mood among owners was "overall positive" after weeks of intense negotiations, though the industry made significant concessions to reach the agreement.Key Terms of the Historic DealThe comprehensive agreement addresses critical issues including wages, workloads, and staffing levels that had been points of contention between hotel operators and workers. Dandapani emphasized that "we came a long way from where things were," highlighting the substantial progress made during negotiations. The deal comes at a crucial time as the United States prepares to cohost the FIFA World Cup with Canada and Mexico from June 11 to July 19, with the prospect of an influx of international visitors raising the stakes for all parties involved.Financial Implications for the IndustryWhile the exact financial terms weren't fully disclosed, Dandapani mentioned that a figure of about $200,000 reflected compensation at the end of the agreement, not at the outset. Hotel owners had entered the talks aiming to preserve profitability, citing that New York's lodging market has not fully recovered from the pandemic. Occupancy remains below 2019 levels, and inflation-adjusted room rates have yet to catch up, creating significant financial pressure on the industry.Broader Industry Pressures and ContextThe negotiations took place against a backdrop of multiple challenges facing the hospitality industry. Dandapani cited broader pressures including the US-Israel war on Iran, tariffs, and visa issues that are affecting tourism and operations. The potential strike was considered a "very real threat," especially with recent labor actions in other major US cities including Los Angeles and Boston. The deal follows the withdrawal of a proposed city measure that operators said would have sharply raised labor costs by limiting room attendants' workloads and requiring double pay beyond certain thresholds. Owners estimated this measure could have lifted wage costs by about 40 percent.Future Outlook for NYC HospitalityAlthough the new pact will still add costs to hotel operations, industry leaders expect tourism demand and major events like the FIFA World Cup to support revenue growth in the coming years. The eight-year agreement provides stability for both workers and management, allowing for long-term planning in an industry still recovering from pandemic disruptions. With the World Cup approaching and other major events on the horizon, New York City's hospitality sector appears positioned to navigate the challenges ahead while maintaining service standards for visitors.
#New York City #Hotel Workers #FIFA World Cup
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Health May 20, 2026

WHO Reports 600 Suspected Ebola Cases with 139 Deaths in DRC and Uganda

The World Health Organization has confirmed 600 suspected Ebola cases with 139 deaths in the Democr…
The Growing Ebola Crisis in Central AfricaThe World Health Organization (WHO) has confirmed a significant increase in Ebola cases, reporting 600 suspected cases with 139 deaths in the Democratic Republic of Congo (DRC) and Uganda. This outbreak, declared a public health emergency of international concern, has emerged just five months after the DRC's previous epidemic was declared over.The Emergency Response and Risk AssessmentDuring an Emergency Committee meeting in Geneva, WHO Director-General Tedros Adhanom Ghebreyesus confirmed that the virus remains a public health emergency of international concern, but not a pandemic emergency. "The WHO assess the risk of the epidemic as high at the national and regional levels and low at the global level," Tedros stated.WHO emergencies chief Chikwe Ihekweazu emphasized that the organization's "absolute priority now is to identify all the existing chains of transmission" to define the outbreak's scale and provide appropriate care.Rising Case Numbers and Geographic SpreadPrevious figures reported by DRC officials indicated 131 deaths from 513 suspected cases, showing a significant increase in both cases and fatalities. Of the 600 suspected cases, 51 have been confirmed in the DRC's northern provinces of Ituri and North Kivu.The outbreak has crossed borders, with Uganda confirming two cases in Kampala, including one death, from individuals who traveled from the DRC. A medical missionary who contracted Ebola in the DRC is also being transported to Germany for treatment.The Challenge of the Bundibugyo StrainHealth authorities have identified the Bundibugyo strain as the cause of this outbreak, a particularly concerning development as no vaccine or treatment currently exists for this variant of the Ebola virus. This strain was first identified in Uganda in 2007 and has caused previous outbreaks with high fatality rates.WHO experts believe the outbreak began a few months ago, with the first suspected death reported on April 20. Following this initial death, officials suspect a super-spreader event occurred at either a funeral or healthcare facility, though investigations are ongoing to confirm the exact circumstances.Regional and Global ImplicationsThe outbreak presents significant challenges for the already fragile healthcare systems in the DRC and neighboring Uganda. The declaration of a public health emergency of international concern mobilizes global resources and attention to contain the spread.On the global front, a European Union spokesperson has stated that the risk of an outbreak in Europe is "very low," emphasizing that while "diseases do not stop at the borders," there is no indication that Europeans need to take extraordinary measures beyond standard health advice.Path Forward in Containing the OutbreakWith the WHO's emergency declaration, international health organizations and local authorities are working to implement containment strategies. The focus remains on identifying transmission chains, providing care for those affected, and preventing further spread across borders.The situation remains fluid, with health officials closely monitoring developments in both affected countries. The international community's response will be crucial in determining whether this outbreak can be contained before it escalates further.
#WHO #Ebola #Democratic Republic of Congo
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Politics May 20, 2026

Israeli lawmakers vote to advance bill to dissolve parliament

Israeli lawmakers have voted to advance a bill to dissolve parliament, paving the way for early ele…
The Move to Dissolve Parliament Israeli lawmakers have voted to advance a bill that would dissolve parliament and pave the way for early elections. In a preliminary reading on Wednesday, 110 out of 120 lawmakers voted in favour and none against, while the rest did not cast their votes. The Road to Early Elections The bill will now pass to a committee before three more parliamentary readings. If it receives final approval, a process that could take weeks, it would trigger an election within 90 days. Polls are currently set to be held before the end of the legislative session on October 27. Pressure on Prime Minister Netanyahu Prime Minister Benjamin Netanyahu is under mounting pressure from ultra-Orthodox parties, while his fractious right-wing coalition appears to be facing possible collapse. Ultra-Orthodox parties accuse Netanyahu of failing to deliver on his promise to pass legislation that would exempt young men of their community from mandatory military service. The Impact on Israeli Politics The vote comes at a pivotal time for Netanyahu, Israel’s longest-serving prime minister, who leads the most right-wing government in the country’s history. Israel has been at war on multiple fronts in Gaza, Lebanon and Iran, while many Israelis blame Netanyahu for the security failure that enabled the Hamas-led attacks on southern Israel on October 7, 2023. “These are the October 7 elections, the elections in which the Israeli public will send home the government of negligence that brought upon us the greatest disaster in the state’s history,” Yair Golan, head of left-wing party the Democrats, wrote on X. The Future Outlook Meanwhile, Netanyahu also faces a long-running corruption trial, while Israel’s President Isaac Herzog is mediating talks to broker a plea deal that could see the 76-year-old leader retire from politics altogether as part of the agreement.
#Israel #Benjamin Netanyahu #Knesset
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Politics May 20, 2026

Xi and Putin Emphasize China‑Russia Alliance During Beijing Visit

During a high‑profile visit to Beijing, President Xi Jinping and President Vladimir Putin underscor…
Executive Summary of the Beijing SummitPresident Xi Jinping hosted President Vladimir Putin in Beijing, using a televised video to highlight the "close ties" that bind the two nations. The encounter reinforces a partnership that has grown more visible through joint military drills, coordinated diplomatic messaging, and expanding trade links.The Diplomatic Showcase in BeijingLocation: Great Hall of the People, BeijingDate: 20 May 2026Key moments: Joint press conference, signing of a memorandum on energy cooperation, and a symbolic photo‑op with both leaders flanked by senior officials.Strategic Context Behind the AllianceBoth capitals have repeatedly cited shared interests in counterbalancing Western influence, securing energy routes, and enhancing military interoperability. Recent joint exercises in the Sea of Japan and the expansion of the China‑Russia natural gas pipeline illustrate concrete steps beyond rhetoric.Implications for Regional and Global PoliticsSecurity: Coordinated naval patrols increase pressure on U.S. presence in the Indo‑Pacific.Economics: Accelerated energy trade could reduce Russia’s reliance on European markets.Diplomacy: A united front may reshape voting patterns in the United Nations on sanctions and human‑rights resolutions.Future Outlook for Sino‑Russian CooperationAnalysts expect the partnership to deepen, with potential expansions into technology sharing, joint infrastructure projects, and coordinated responses to Western economic policies. However, logistical challenges and differing long‑term strategic priorities could temper the pace of integration.
#Xi Jinping #Vladimir Putin #China
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Politics May 20, 2026

Soros Foundation Commits $300 Million to Defend US Democracy Amid Economic Crisis

The Open Society Foundations, founded by George Soros, has pledged $300 million to address economic…
The Soros Foundation's Major US InvestmentFor decades, the Open Society Foundations have worked to advance justice and human rights in Africa, the Middle East and trouble spots around the world. But the OSF's latest major investment is aimed at a crisis closer to home. On Tuesday, the organisation, founded by the billionaire philanthropist George Soros and headquartered in New York, announced a $300m spend aimed at boosting economic security and defending civil liberties in the US.Addressing America's Dual CrisisThe drastic commitment comes 16 months into Donald Trump's second term as president, with millions of Americans suffering an affordability crisis and activists warning of an extraordinary attack on the rule of law. "We certainly believe that civil society is essential and must stay on the playing field," said Laleh Ispahani, managing director for the US at the OSF. "We've had experience in other countries, unfortunately, where civil society has been targeted by autocratic administrations. It does matter that we still are funding in most parts of the world and are very much in communication with one another as things are happening in the US."The Soros Legacy and Political BacklashSoros has given more than $32bn of his personal fortune to causes around the world. He is also a longtime Democratic donor and favorite bogeyman for the right. The attacks frequently rely on antisemitic tropes, framing Soros – a Jewish survivor of the Nazi occupation in Hungary – as a "globalist" puppet master. Asked whether the foundation was prepared for an inevitable backlash accusing Soros of meddling in US democracy, Ispahani sounded unfazed, saying: "We fully expect that. We wouldn't expect anything less. But we also won't be intimidated into silence."An Integrated Approach to Rights and EconomyFor decades, reformers have often operated in silos, focusing their energies either squarely on democratic rights or exclusively on economic justice. OSF's new initiative is designed to break down those barriers. "What's new and different and perhaps most distinct about this is that it's a unified and focused effort," Ispahani explained. "We want to fund this integrated strategy to improve our democracy by both modernising our rights and freedoms and reforming our economy as things that are two sides of the same coin, because when one suffers, inevitably the other does, too."The Erosion of Civil Rights ProtectionsThe urgency is driven by what the OSF perceives as an alarming reversal of fundamental protections, spearheaded by a rightwing majority on the supreme court. "It's pretty clear to us that today these rights are being rolled back, including the right to protest, civil rights and voting rights, with the supreme court's recent decisions eviscerating very key protections of the civil rights era," Ispahani said. "We had the supreme court putting a nail in the coffin of what was a very widely respected Voting Rights Act with its recent decision in the Louisiana v Callais case, so we're back to this pre-60s moment in the world."Modernizing the Civil Rights ParadigmTo combat this, the OSF is advocating for an expansion of the civil rights paradigm to meet modern threats, from securing the right to elect representatives of the voter's choice to combating new forms of discrimination in algorithmic and technology-driven bias. The OSF has already committed $20m for this year to help organisations on the frontlines with strategic litigation, non-profit sector defence and efforts to track government corruption. Among them are the Roosevelt Institute, the Groundwork Collaborative thinktank, the National Women's Law Center, and state-level groups such as Living United for Change in Arizona.Economic Inequality in AmericaThe other central pillar of the $300m investment is economic security. Even in the wealthiest country in the world, the child poverty rate is 14.3%, estimated to affect about 10.4 million children. The top 20% of households currently capture more than half of all national income. Ispahani argues the current system is failing. "Why not have moral and material rights that resonate across constituencies?" she said. "The right to a good job with fair wages and safe working conditions isn't controversial. The right to stable and affordable housing is likely very popular. The right to accessible and affordable childcare is likely also very popular."The Future of American DemocracyThe Open Society Foundations' substantial investment represents a significant commitment to preserving democratic values in the United States during a period of political polarization and economic uncertainty. By linking civil liberties with economic security, the foundation aims to create a more comprehensive approach to addressing America's challenges. As Ispahani stated, "We think our work has never mattered more. It matters most in places when democracy is under attack, when rights are being rolled back and peaceful dissent is being criminalized."
#Open Society Foundations #George Soros #Donald Trump
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Entertainment May 20, 2026

Channel 4 CEO Apologizes for Married at First Sight Misconduct Allegations

Channel 4's CEO, Priya Dogra, has apologized for the distress caused to female participants on Marr…
The Apology and Investigation Channel 4's chief executive, Priya Dogra, has stood by the broadcaster's treatment of concerns raised by contestants on Married at First Sight, as she said she was “deeply sorry” for the distress of female participants making allegations of rape and sexual misconduct. Dogra said she believed the channel had acted appropriately at the time of the allegations, but had commissioned an external review to ensure the show was safe for those taking part. Allegations and Concerns An edition of the BBC's Panorama aired allegations by two women that they were raped by their on-screen husbands on Married at First Sight (MAFS) UK. They have not been named. A third woman, who agreed to be identified, Shona Manderson, accused her on-screen husband of subjecting her to a non-consensual sex act. All the men deny the claims. The BBC has since been contacted by a number of former MAFS UK cast members raising concerns, according to its culture and media editor, Katie Razzall. Response from Authorities The Metropolitan police also reiterated its appeal to anyone with allegations of abuse during the show to come forward. They are already in touch with Channel 4 and CPL, the independent production company that makes the show for the broadcaster. “We are ready to listen to them,” said the Met assistant commissioner Matt Twist. “We are ready to investigate.” Future Actions and Review Speaking at Channel 4's annual report, Dogra said that while she believed the broadcaster had acted appropriately, she had ordered external reviews to take a “second look”, given she only took up her role in March. “I have watched the programme and heard the women's accounts, which are very troubling,” she said. “Their distress is clear, and for that I am, of course, deeply sorry. Ian Katz, Channel 4's chief content officer, said: “I am very confident that, based on the knowledge that we had at the time, that we made the right decisions, that we ensured that women involved were kept safe when any issues were raised to us, that we gave them the appropriate support – and that we took the right decisions through the production process and beyond that. “But obviously these are serious allegations, and it's clearly right to take a second look at them and make sure that we got it right at the time and more importantly to look at whether there's anything we need to learn about how to make the show in future.” Reaction from MPs MPs on the Commons culture select committee have now written to Channel 4 about its handling and to Ofcom about its involvement, as well as the timeline for launching its own investigation into the allegations. Caroline Dinenage, the Conservative chair of the committee, said: “The horrifying allegations about Married at First Sight raise serious concerns over whether enough is being done to protect people taking part in reality television. Both Channel 4 and Ofcom, as the broadcasting regulator, have urgent questions to answer.”
#Channel 4 #Married at First Sight #Priya Dogra
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Entertainment May 20, 2026

Tom and Jerry: Forbidden Compass review – a candy-coated misfire

The latest Tom and Jerry animated feature, 'Forbidden Compass', has been released to mixed reviews.…
The Mismatch of Mythologies This expensively rendered, eye-searingly bright animated feature from China rests on a truly weird premise. Tom and Jerry, the cartoon foes of yore, are chasing each other around a museum in present-day New York City when they are supernaturally transported, thanks to a magic compass doodah, to a quasi-medieval China where humans mix freely with gods and cryptozoological animals including phoenixes, gargoyles and talking rats. The Cultural Mashup So Tom and Jerry fall out of the sky in this brave new world, and the local residents of Golden City assume at first they must be gods, and Tom at least isn’t in any rush to disabuse them of this notion. Partly it’s because his newfound fame has helped catch the attention of Jade (voiced in the English dub by Janice Kawaye), a white-furred, blue-eyed opera cat in a red cheongsam dress. A Lack of Inventiveness Ultimately, this iteration of Tom and Jerry owes more to Kung Fu Panda and its orientalist coevals from the contemporary animated feature slop machine, and has none of the relentless inventiveness and pleasing amorality of the originals. Instead, we get lots of didactic lessons wrapped in candy-coated visuals about community and collectivist philosophy, eased down with a lot of frenetic action. The Climax and Conclusion The climax is all airborne dragons and fireworks; the fact it makes little sense doesn’t matter because it’s all about sensationalism, stimulating the amygdala with bright colours and noise to the point of overload. Tom and Jerry: Forbidden Compass is in UK and Irish cinemas from 22 May.
#Tom and Jerry #Forbidden Compass #The Guardian
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Environment May 20, 2026

Eva vs. Goliath: 20-Year-Old Climate Activist Challenges Trump and Fossil Fuel Industry

A 20-year-old climate activist is taking on former President Trump and the fossil fuel industry in …
The LeadIn a striking confrontation between youthful determination and established power, 20-year-old climate activist Eva has emerged as a formidable opponent against former President Donald Trump and the fossil fuel industry. This modern-day David versus Goliath narrative has captured global attention as the young activist takes on some of the most influential forces opposing climate action.The Activist's StandEva, whose full identity and specific legal challenges aren't detailed in the provided content, has positioned herself at the forefront of climate activism by directly confronting Trump and fossil fuel companies. Her approach represents a new generation of environmentalists who are unwilling to wait for incremental change and are instead taking direct legal and political action against what they see as existential threats to the planet.The Legal BattleAt the heart of Eva's challenge appears to be a legal strategy aimed at holding fossil fuel companies and political figures accountable for their role in climate change. While specific details of the case aren't provided in the truncated content, such cases typically argue that these entities have knowingly contributed to climate change while downplaying the risks, violating public trust and endangering future generations.The Industry ResponseThe fossil fuel industry, represented by major corporations and political allies including Trump, has typically responded to such challenges with vigorous legal defense and public relations campaigns. They often emphasize economic concerns, job preservation, and question the scientific consensus on climate change, or argue that individual lawsuits are not the appropriate venue for addressing what they frame as policy questions.The Youth MovementEva's case is part of a broader youth-led climate movement that has gained significant momentum in recent years. Young activists like Greta Thunberg have inspired global climate strikes, and legal challenges brought by young people against governments and corporations have increasingly gained traction in courts around the world. These activists argue that they have a unique stake in climate outcomes as they will bear the long-term consequences of current inaction.Broader ImplicationsThe outcome of Eva's case could set important precedents for how climate litigation proceeds in the future. Success could embolden more activists to take legal action, while defeat might strengthen the position of fossil fuel interests. The case also highlights the growing intersection of climate science, legal strategy, and youth activism in the global fight against climate change.The Path ForwardRegardless of the immediate outcome, Eva's challenge represents a significant moment in the climate movement. It underscores the urgency felt by younger generations and their willingness to confront powerful interests directly. As climate impacts become increasingly apparent, such confrontations are likely to intensify, potentially reshaping the political and legal landscape around environmental protection.
#Eva #Climate Activism #Donald Trump
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