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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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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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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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Entertainment May 20, 2026

Colombian Folk Icon Totó la Momposina Dies at 85

Colombian folk legend Totó la Momposina, 85, died of a heart attack, prompting tributes from Presid…
Totó la Momposina’s Sudden Passing Marks End of an Era Totó la Momposina, one of Colombia’s most celebrated folk singers, died at 85 from a heart attack, announced by her three children on Instagram. Her Life’s Musical Journey from Talaigua Nuevo to Global Stages Born: 1940, Talaigua Nuevo, Colombia (as Sonia Bazanta Vides) 1960s: Formed Totó La Momposina y Sus Tambores 1974: Performed a residency at New York’s Radio City Music Hall 1979: Fled political persecution, lived in France 1983: Debut album Cantadora 1993: International breakthrough with La Candela Viva on Real World Records 2013: Lifetime Achievement Award, Latin Grammys 2016: Chevalier des Arts et des Lettres, France Award Count and Global Reach – Numbers That Reflect Her Impact Lifetime Achievement at the Latin Grammys (2013) Chevalier des Arts et des Lettres honor (2016) Her song “Curura” sampled by major artists such as Timbaland & Magoo, Major Lazer, Jay‑Z, 50 Cent and others. Performed on world stages from Radio City Music Hall to festivals across Europe, North America and Latin America. How Her Legacy Shapes Colombian and Global Music Culture President Gustavo Petro called her “a luminary of Colombian Caribbean art and culture,” underscoring her role as a cultural ambassador. Her fusion of African, Indigenous and Caribbean rhythms kept folk traditions alive, inspiring younger Latin artists who sample her work and keeping Colombian music in contemporary playlists. What the Future Holds for Colombian Folk Music With Totó’s passing, scholars and musicians anticipate a surge in archival projects and renewed interest in the styles she championed—chandé, mapalé, puya and bullerengue. Emerging artists are expected to build on her evangelistic message that “music dignifies people,” ensuring the traditions she protected continue to evolve.
#Totó la Momposina #Colombian music #Gustavo Petro
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Health May 20, 2026

Art Cure Review: How the Arts Could Become Medicine’s Next Prescription

In her debut book Art Cure, UCL professor Daisy Fancourt makes a scientific case that artistic acti…
The Lead: A New Prescription from the ArtsDaisy Fancourt’s debut for a popular audience, Art Cure, argues that artistic engagement can be as therapeutic as conventional medicine, drawing on personal experience of singing to her premature daughter and a growing body of research.Dissecting Art: The “Active Ingredients” FrameworkFancourt, a professor of psychobiology and epidemiology at University College London, breaks down every arts experience into measurable components—noise buffering, neurological stimulation, human contact and stress reduction—and suggests these can be prescribed like a drug cocktail.Quantifying the Benefits: Evidence and EconomicsStudies show singing to infants in intensive care lowers heart rate, improves breathing and boosts feeding.Creative activities reduce stress and pain, improve balance in Parkinson’s disease, and help ventilated patients breathe unaided.Economic analysis estimates a £1,500 pay‑rise per employee from wellbeing gains and a potential £1.5 bn annual saving for the NHS by delaying dementia.Arts funding in UK schools fell to £9.40 per pupil in 2022, and creative‑degree funding was halved in 2021.Policy and Cultural Implications: From “Seatbelt Moment” to Systemic ChangeFancourt warns of “artistic passivity” and calls for a collective “seatbelt moment” to recognise arts deprivation as a public‑health issue, urging policymakers to protect school arts programmes and integrate creative prescriptions into care pathways.Future Outlook: Embedding Creativity in HealthcareIf health systems adopt Fancourt’s framework, art could move from a peripheral luxury to a core component of preventive and therapeutic strategies, reshaping how clinicians address “what matters to patients” rather than merely “what’s wrong with them”.
#Daisy Fancourt #Art Cure #University College London
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World Wide May 20, 2026

Russia's War in Ukraine Takes a Devastating Toll on Wildlife

Russia's ongoing war in Ukraine has had a profound impact on the country's wildlife, with many spec…
The Devastating Impact of War on Ukraine's Wildlife Russia's aerial war has had a devastating impact on Ukraine's wildlife, including its birds. Thousands have been caught in nets put up to protect roads near the frontline from marauding enemy drones. Others have been killed as a result of explosions, fires, and pollution. The Plight of Sunny the Owl A male long-eared owl, nicknamed Sunny, was blinded in one eye and found with a badly broken wing after Russia sent kamikaze drones to attack the Ukrainian city of Zaporizhzhia in February. A passerby scooped up the stunned bird, put him in a box, and took him to the city of Dnipro. The War's Impact on Ukraine's Ecosystem The war has affected nature reserves that are important breeding grounds for migratory species. Moscow has repeatedly targeted six hydroelectric power stations and reservoirs along the Dnipro river. In 2023, the Russian military blew up the Kakhovka dam at the bottom of a Soviet-built cascade, causing massive flooding and destruction. The Human Impact on Wildlife Conservation Veronica Konkova, a biologist, has been rescuing wounded birds since 2015. Her birds have included a rare imperial eagle, peregrine falcons, buzzards, kestrels, black kites, and a variety of owls. Konkova said: 'Sometimes we can save these birds. Other times they arrive in such bad condition there's nothing we can do.' The Future of Ukraine's Wildlife Despite the challenges, there is some good news. On a cold and windy day last week, three or four grebes could be seen at the Dnipro-Oril reserve, their numbers increasing. Also visible were yellow-legged gulls, a wood sandpiper, and a newly returned swallow, swooping low over the water.
#Russia #Ukraine #Wildlife
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Politics May 20, 2026

Philippines Supreme Court Rejects Bid to Block ICC Arrest Warrant for Senator Ronald dela Rosa

The Philippine Supreme Court denied a petition to halt the International Criminal Court's arrest wa…
The Supreme Court of the Philippines on May 20, 2026 refused to block the International Criminal Court’s arrest warrant for Senator Ronald dela Rosa, a former police chief accused of crimes against humanity linked to the Duterte-era “war on drugs”. The decision removes a legal obstacle and signals that authorities may move to detain the senator despite his disappearance. Court Ruling Clears Path for Senator’s Potential Arrest In a split decision, the justices denied the restraining order sought by dela Rosa’s legal team, stating that the warrant remains valid while other procedural issues remain unresolved. The court noted that the petition’s argument—that a foreign ICC warrant cannot be enforced without a domestic warrant—was not sufficient to halt the arrest process. Petitioner: Senator Ronald "Bato" dela Rosa Key argument: Lack of a local warrant to enforce ICC order Government stance: Justice Secretary Frederick Vida pledged to execute the warrant Presidential office: Spokeswoman Claire Castro affirmed the warrant’s validity Human‑Rights Impact: 12,000‑30,000 Deaths Estimated in Duterte’s Drug War The ICC estimates that between 12,000 and 30,000 people were killed from 2016 to 2019 during President Rodrigo Duterte’s anti‑drug campaign, a period in which dela Rosa served as chief of the National Police and chief enforcer of the crackdown. These figures underpin the crimes‑against‑humanity charges now facing both Duterte and his former lieutenant. Political Ramifications for the Marcos Administration and ICC Relations The ruling places President Ferdinand Marcos Jr. in a delicate position. While the administration must respect international obligations, it also faces domestic pressure to protect a high‑profile senator. The decision may affect the Philippines’ diplomatic standing with the ICC and could influence future cooperation on transnational justice matters. What Comes Next: Legal Battles and International Pressure Dela Rosa’s counsel has vowed to pursue all legal remedies, including a motion for reconsideration. Meanwhile, the Department of Justice is expected to interpret the Supreme Court’s order and coordinate any arrest operation. International observers will watch closely to see whether the Philippines proceeds with the ICC warrant or seeks a diplomatic compromise.
#Philippines #Ronald dela Rosa #International Criminal Court
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Politics May 20, 2026

Spooks Hotel: The Five-Star Nerve Center of America's Venezuela Takeover

The JW Marriott hotel in Caracas has become the de facto US embassy and nerve center following Trum…
The LeadOver breakfast in one of the swankiest hotels in Caracas, US officials, diplomats and spies now call many of the shots in Venezuela after Donald Trump's controversial military intervention on 3 January. The five-star JW Marriott has become the nerve center of Washington's efforts to steer a country some now call a US protectorate – and which Trump has even said he hopes to turn into the 51st state.The New American EmbassySince Trump's decision to snatch Maduro in January and reboot relations with his successors, the JW Marriott has effectively become the US embassy in Venezuela. "It's [effectively] the US embassy. I don't think anybody's going to work at the actual embassy," said Phil Gunson, a Caracas-based political analyst for Crisis Group.Having been closed for seven years since the collapse of diplomatic relations in 2019, "the embassy building is full of rats and cockroaches, and it's being fumigated," Gunson explained. The conversations that can be overheard in the JW Marriott's restaurant offer a fascinating insight into Venezuela's plight as it emerges from nearly 13 years of economic mayhem and authoritarian rule under Maduro.The Corporate TakeoverIf the $250-300-a-night JW Marriott – or "the spooks hotel" as some journalists call it – is the HQ of the US presence in Venezuela, it is at another luxury hotel a few miles away where many of the big-money deals are being done. Since Maduro's downfall, foreign tycoons have been flocking to the Cayena, where rooms cost about $600 a night, wagering that even if interim president Delcy Rodríguez stays in power and there is no transition to democracy, Venezuela's economic future looks bright.One deal-maker who has spent time there recalled encountering at least four foreign billionaires they could identify – but believed there were others whose names they did not know. "They never give you a card. They don't give you their last names … and what is very interesting to me is that they are all asking about the same things: mining and privatizations," they said.Venezuelan ResistanceThe Trumpian takeover has generated widespread discomfort, even among patriotic members of Venezuela's elites who were glad to see the back of Maduro but privately bristle at the suggestion that their country is being turned into a US colony. After giving Rodríguez his blessing in January, Trump warned she would face an even worse fate than Maduro if she failed to toe the US line.On the streets there is anger too. During a Workers' Day rally on 1 May, a socialist economist called Oswaldo Pacheco marched towards a line of riot police wielding a white banner denouncing the government's "neocolonial collaboration" with Trump. "It's a complete capitulation," complained Pacheco, 53, accusing Venezuela's new rulers of following US orders "to the letter". "Clearly these [US] demands are not about bringing us democracy but about plundering our resources and increasing worker exploitation," he said.The Future of a ProtectorateAcross the street sits the Juan Sebastian Bar, a jazz and salsa nightclub named after Johann Sebastian Bach, where foreign visitors can let off steam. Throughout the day, English-speaking officials and fortune hunters can be seen roaming the 17-floor redbrick building, which has nearly 300 rooms, a gym and a palm-flanked pool. Bullet-proof SUVs wait outside to ferry guests, who include Trump's top diplomat to Venezuela, John Barrett, around town.Among Caracas-bound capitalists the mood is buoyant, even if huge doubts remain over Venezuela's future and, above all, its democracy. At a third luxury hotel, the Renaissance, a Venezuelan oil man waxed lyrical about his country's post-Maduro prospects. "This is going to be the best country in the world," he predicted, declaring: "I'm more than optimistic."
#Venezuela #Trump #US intervention
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