BofA: Türkiye’s inflation impact remains limited
Bank of America (BofA) said the recent volatility in Turkish markets has so far had only a limited inflationary impact, stressing that Türkiye’s economic management remains in control.
The city of Buriticupu, in Brazil’s northeastern Amazon, is facing a worsening crisis as massive sinkholes continue to expand, forcing authorities to declare a state of emergency. More than 1,200 residents are at risk of losing their homes.
Buriticupu, located in Maranhão state, has been battling soil erosion for decades. However, in recent weeks, the sinkholes—some several meters deep—have grown at an alarming rate, threatening entire neighbourhoods. The municipal government issued an emergency decree earlier this month, warning that the ground is collapsing "substantially closer to residences." Several buildings have already been destroyed.
The problem, known in Brazil as voçoroca—a term of indigenous origin meaning "to tear the earth"—has been exacerbated by heavy rainfall, deforestation, and poor urban planning. The region’s sandy soil is particularly vulnerable to erosion.
Geographer Marcelino Farias from the Federal University of Maranhão warns that the situation is worsening due to the current rainy season. Residents fear further collapses, with many unsure whether the ground beneath them is stable.
“There’s this danger right in front of us, and nobody knows where this hole has been opening up underneath,” said 65-year-old resident Antonia dos Anjos, who has lived in Buriticupu for 22 years.
Lucas Conceição, the city’s public works secretary, admitted that local authorities lack the resources to handle the crisis. “These problems range from the erosion processes to the removal of people who are in the risk area,” he said.
With the sinkholes continuing to grow, residents remain on edge, hoping for urgent intervention before more homes vanish into the abyss.
In a groundbreaking study published in Cell on January 18, Chinese researchers have unveiled a novel cancer treatment that ingeniously disguises tumors as pig tissue, triggering the body’s immune system to mount a hyperacute rejection response against the cancer cells.
Sweden’s Prime Minister Ulf Kristersson stated on Thursday that purchasing U.S. weapons does not pose a security risk for his country, but emphasized the need for Europe to reduce its reliance on American defense systems. His comments come amid growing discussions within Europe.
NASA astronauts Butch Wilmore and Suni Williams completed an unexpectedly long 286-day mission on the ISS, returning to Earth aboard a SpaceX capsule after delays caused by technical issues with Boeing’s Starliner.
Russian President Vladimir Putin agreed on Tuesday to a proposal by U.S. President Donald Trump that Russia and Ukraine cease attacking each other's energy infrastructure for 30 days, the Kremlin said following a lengthy phone discussion between the leaders.
Mexican forces have dismantled a massive meth lab in Zacatecas, dealing a blow to a Sinaloa Cartel faction.
The Sydney opera house, and other iconic national monuments round the world turned off their lights at 8:30pm local time to commemorate earth hour.
A new national forest stretching from the Cotswolds to the Mendips is set to be created, the UK government has announced. 20 million trees set to be planted across the West of England in the coming decades, creating at least 2,500 hectares of new woodland.
Glaciers around the world are melting at an alarming rate, with the last three years seeing the largest mass loss on record, according to a UNESCO report. The accelerated ice loss, driven by climate change, is contributing to rising sea levels.
Record greenhouse gas levels in 2024 have driven global temperatures to an all-time high, accelerating the loss of glaciers and sea ice, raising sea levels, and bringing the world closer to a key climate threshold, according to the World Meteorological Organization (WMO).
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