Nobel Prize winners Abhijit Banerjee and Esther Duflo, currently engaged with the Massachusetts Institute of Technology (MIT), have announced plans to relocate to Switzerland. The University of Zurich confirmed that from July next year, the couple will join its economics faculty and spearhead a new research centre focused on development economics.
The University of Zurich (UZH) stated in its announcement that both will hold endowed professorships funded by the Lemann Foundation. In addition to their teaching roles, they will co-lead the newly formed Lemann Centre for Development, Education, and Public Policy, which aims to bridge rigorous academic research with policy impact and to foster collaboration among scholars and policymakers globally.
Duflo and Banerjee were co-awarded the 2019 Nobel Prize in Economics (along with Michael Kremer) for their “experimental approach to alleviating global poverty.” According to the report, they will retain part-time positions at MIT while expanding their work through their base in Zurich.
Iran warned of “unforeseen consequences” after accusing Ukraine of attacking an Iranian vessel in the Caspian Sea, killing one sailor.
Three people were killed and several others injured in a mass shooting at Seattle's Bite of Seattle food festival. Police have detained one suspect as the investigation continues.
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France and Spain face worsening wildfires as extreme heat and strong winds fuel the blazes. Authorities warn of difficult hours ahead as firefighters battle to contain the fires.
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Iran has paused retaliatory strikes after the U.S. halted fresh attacks, giving diplomacy a chance and easing pressure on global oil markets.
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Iran has warned the conflict could widen if U.S. strikes resume, as a pause in fighting raises cautious hopes for de-escalation.
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The Houthis claimed a missile strike on Saudi Arabia’s Jizan as the U.S. disabled a tanker allegedly attempting to breach its Iran blockade, even as Trump said talks with Tehran remain serious.
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Donald Trump said it is “not yet time” for a deal with Iran, signalling that negotiations will continue despite ongoing tensions.
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Bangladesh President Mohammad Shahabuddin has reportedly resigned amid rising political tensions and reports of Sheikh Hasina’s planned return.
A UK inquest has ruled that Saudi Prince Abdullah bin Fahad bin Abdullah bin Abdulaziz bin Jalawi Al Saud died accidentally from a combination of alcohol, GHB and prescription medication.
The U.S. launched its 13th consecutive night of strikes on Iranian military targets, while President Donald Trump warned Tehran would “pay” for recent attacks on commercial shipping.
The Trump administration has introduced new 10%–12.5% tariffs on imports from 60 trading partners, citing forced-labor concerns as temporary U.S. tariffs expire.
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The U.S. and Saudi Arabia have signed a civilian nuclear cooperation agreement, paving the way for long-term nuclear energy collaboration while emphasizing nonproliferation safeguards.
Ukrainian President Volodymyr Zelenskyy has appointed Mykhailo Drapatyi as the new army chief, replacing Oleksandr Syrskyi following protests over military leadership and reform.
An Indian-origin doctor in Ohio has been sentenced to six months in prison for secretly recording hospital staff in a restroom, after pleading guilty to voyeurism and evidence tampering.
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Pakistan has reportedly sought a $10 billion U.S. exchange stabilisation facility to strengthen its foreign exchange reserves, support the rupee, and ease pressure on its struggling economy.
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Donald Trump has again claimed credit for the India-Pakistan ceasefire as part o...
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Fresh U.S. airstrikes in Iran reportedly killed 14 people, prompting Iranian ret...
President Donald Trump claimed he is Iran’s “No. 1 target” after security measur...
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Three people were killed in U.S. strikes in western Iran as tensions escalated f...
President Donald Trump said the Iran ceasefire is “over” following fresh U.S. st...
