Founded by Conrad Hilton, the hotel magnate, the Hilton Foundation is one of the biggest financial backers of Catholic sisters’ work around the world, and has given roughly $28.5 million to Vatican-led initiatives, including Vatican departments, since 2020. Francis saw donors as vital partners. He looked to them not only to fund the causes dear […]
There are proposals from Republicans in Congress to increase the tax on large endowments, potentially to 14 percent, much higher than the 1.4 percent put in place eight years ago. Assuming a 10 percent return, that would leave Harvard with a tax bill of about $742,000,000, roughly equal to what it spent on financial aid […]
First Minister Michelle O’Neill will travel to Rome to attend the funeral of Pope Francis on Saturday. She will join political leaders including Prime Minister Keir Starmer, Taoiseach (Irish Prime Minister) Micheál Martin and Scotland’s First Minister John Swinney at the ceremony. O’Neill had cut short a family holiday so that plans could be made […]
Alex Kirkland Rodrigo Faez Apr 25, 2025, 02:03 PM ET Real Madrid denied they were considering boycotting Saturday’s Copa del Rey final against Barcelona, despite skipping Friday’s pregame news conference and training session in protest over comments made by the refereeing team. The club were angered by Friday’s remarks by referee Ricardo De Burgos Bengoetxea […]
Getty Images Rare earths are notoriously difficult to extract and refine Australia’s prime minister Anthony Albanese has pledged to invest A$1.2bn (£580m) in a strategic reserve for critical minerals if he wins next month’s election, as trade tensions escalate. The announcement came after China imposed export restrictions on seven rare earth elements, essential to the […]
Attorney General Pam Bondi looks on as President Trump delivers remarks during a cabinet meeting at the White House on March 24. Win McNamee/Getty Images hide caption toggle caption Win McNamee/Getty Images The Justice Department on Friday rescinded a Biden-era policy that provided protections to journalists in leak investigations, paving the way for authorities to […]
China will let scientists from six countries, including the US, examine the rocks it collected from the Moon – a scientific collaboration that comes as the two countries remain locked in a bitter trade war. Two Nasa-funded US institutions have been granted access to the lunar samples collected by the Chang’e-5 mission in 2020, the […]
Apr 25, 2025, 06:29 PM ET Arsenal and Bayern Munich are expected to contest for Chelsea striker Christopher Nkunku in the summer, while Newcastle United are competing to sign Borussia Dortmund goalkeeper Gregor Kobel. Join us for the latest transfer news, rumors and gossip from around the globe. Transfers homepage | Done deals | Men’s […]
Ione Wells South America correspondent Getty Images Brazil hopes to see countries such as Japan buy its beef instead of American When Donald Trump revealed the level of trade tariffs that countries around the world would face from the US, nations in South America breathed a sigh of relief. Ten of the 12 states on […]
The Trump administration, which has made clear that it aims to slash government spending, is preparing to unveil a budget proposal as soon as next week that includes draconian cuts that would entirely eliminate some federal programs and fray the nation’s social safety net. The proposed budget for the 2026 fiscal year would cut billions […]