ismagilov/iStock via Getty Images The following segment was excerpted from the 1 Main Capital Partners Q4 2025 Fund Letter. Limbach Holdings ( LMB ) was the Fund's top contributor in 2020 and 2023 and has been our most lucrative investment since inception. In Q4, I added significantly to our position, once again making it a core holding for the Fund, after its shares declined 55% from their 2025 h...
ismagilov/iStock via Getty Images The following segment was excerpted from the 1 Main Capital Partners Q4 2025 Fund Letter. Limbach Holdings ( LMB ) was the Fund's top contributor in 2020 and 2023 and has been our most lucrative investment since inception. In Q4, I added significantly to our position, once again making it a core holding for the Fund, after its shares declined 55% from their 2025 high due to concerns around a temporary demand slowdown in Q2 and Q3, largely driven by uncertainty surrounding the 2025 government shutdown. As a reminder, LMB is a leading building systems solution firm that partners with owners of mission-critical infrastructure to offer design, engineering, maintenance, and repair services. The company specializes in mechanical, electrical, and plumbing systems for customers in six core verticals: healthcare, industrial/manufacturing, data centers, life sciences, higher education, and entertainment. Since coming public in 2016, LMB has transitioned from bidding almost entirely through general contractors (GCR) to owner-direct relationships (ODR). For 2025, the company's guidance suggests that ODR will have accounted for approximately 75% of its revenues and a greater share of gross profits. The merits of this shift are clear: ODR projects are smaller, higher-margin, less capital-intensive, and less cyclical than GCR work. Roughly one-third of LMB's ODR revenue comes from high-velocity maintenance or fixed-price repairs under $10k, while the rest is project-based work with an average size of $250k—a stark contrast to the average GCR project of $2-3 million. Crucially, ODR clients view LMB as a trusted strategic partner essential to their daily operations, whereas general contractors often view the firm as a replaceable subcontractor. This transition has driven LMB's EBITDA margins from 3% in 2019 to 12% today. While consolidated revenue growth was muted during this period as the company walked away from lower-quality GCR work, I believe w...
ToucanStudios/E+ via Getty Images By Raheel Siddiqui We believe plentiful stimulus, healthy liquidity and accelerating fundamentals should drive further market gains Part 1: Macro Tailwinds Aplenty Rising business confidence suggests to us stronger growth ahead The next credit cycle has begun to accelerate Global monetary conditions are highly stimulative, in our view Part 2: Supportive Capital Ma...
ToucanStudios/E+ via Getty Images By Raheel Siddiqui We believe plentiful stimulus, healthy liquidity and accelerating fundamentals should drive further market gains Part 1: Macro Tailwinds Aplenty Rising business confidence suggests to us stronger growth ahead The next credit cycle has begun to accelerate Global monetary conditions are highly stimulative, in our view Part 2: Supportive Capital Markets Backdrop Rising liquidity suggests to us further equity gains Margin debt has been picking up Institutional equity positioning is still modest Part 3: Risks to Our Thesis Mid-term election years can bring deeper (if short-lived) market corrections A stronger U.S. dollar might reduce global liquidity and weigh on speculative equity sectors Potentially rising bond market volatility and widening credit spreads could hit stocks hard, in our view Part 4: Portfolio Considerations Size: Small Caps over Large Caps Style: High Quality over Low Quality Regions: Ex-U.S. over U.S. and upgrading India to Overweight Click to enlarge Part 1: Macro Tailwinds Aplenty While a dearth of conflicting employment data has created noise and angst in the equity markets, we believe rapidly improving measures of business confidence—investments in both human capital (top chart) and physical capital (bottom chart)—suggest that economic growth is not only strong but getting stronger. Temporary employment indicators continue to accelerate A rising percentage of companies plan to increase CapEx investment Past performance is not indicative of future results. For illustrative and discussion purposes only. Source: Neuberger Berman Research, Bloomberg and FactSet. Data as of December 31, 2025. Nothing herein constitutes a prediction or projection of future events or future market behavior. Due to a variety of factors, actual events or market behavior may differ significantly from any views expressed. Click to enlarge Rising confidence is also evident in the increasing appetite for commercial credit. As...
Jan 27 (Reuters) - Fully electric car sales in December overtook petrol for the first time in the European Union, even as policymakers proposed to loosen emissions regulations, data showed on Tuesday. U.S. battery-electric brand Tesla continued to lose market share to competitors including China's BYD and Europe's best-selling group Volkswagen, data from the European auto lobby ACEA showed. Car...
Jan 27 (Reuters) - Fully electric car sales in December overtook petrol for the first time in the European Union, even as policymakers proposed to loosen emissions regulations, data showed on Tuesday. U.S. battery-electric brand Tesla continued to lose market share to competitors including China's BYD and Europe's best-selling group Volkswagen, data from the European auto lobby ACEA showed. Car sales throughout Europe sustained a sixth straight month of year-on-year growth, with overall registrations, a proxy for sales, hitting their highest volumes in five years in Europe in 2025, though they remained well below pre-pandemic levels. WHY IT'S IMPORTANT Europe's car industry faces challenges including competition from China, U.S. import tariffs and difficulties in profitably meeting domestic regulations for EV adoption. The EU unveiled in December a plan to abandon an effective 2035 ban on combustion engine cars, bowing to calls from struggling carmakers. Electric transport groups argue a swift EV transition is necessary to curb CO2 emissions. Analysts expect EVs to gain popularity despite the policy relaxation. BY THE NUMBERS Sales in the EU, Britain and the European Free Trade Association rose by 7.6% to 1.2 million cars in December and by 2.4% to 13.3 million overall in 2025, ACEA data showed. Registrations at Volkswagen and Stellantis rose 10.2% and 4.5%, respectively, that month, while they fell 2.2% at Renault. Registrations at Tesla fell 20.2%, but rose 229.7% at BYD. Total EU car sales rose 5.8% to almost one million vehicles in December, and by 1.8% to 10.8 million in the year. December registrations of battery electric, plug-in hybrid and hybrid electric cars were up 51%, 36.7% and 5.8%, respectively, to account collectively for 67% of the bloc's registrations, up from 57.8% in December 2024. (Reporting by Alessandro Parodi; Editing by Jan Harvey)
Micron plans $24 billion memory chipmaking plant in Singapore Yahoo Finance Micron Invests $24 Billion in Singapore to Ease Chip Crunch Bloomberg Micron to invest $24 billion in Singapore plant as AI boom strains global memory supply CNBC
Micron plans $24 billion memory chipmaking plant in Singapore Yahoo Finance Micron Invests $24 Billion in Singapore to Ease Chip Crunch Bloomberg Micron to invest $24 billion in Singapore plant as AI boom strains global memory supply CNBC
Texas Capital Bancshares, Inc. 5.75% DEP PFD Bpr ( TCBIO ) declares $0.3594/share quarterly dividend , in line with previous. Forward yield 6.88% Payable March 16; for shareholders of record March 2; ex-div March 2. See TCBIO Dividend Scorecard, Yield Chart, & Dividend Growth. More on Texas Capital Bancshares Texas Capital Bancshares, Inc. (TCBI) Q4 2025 Earnings Call Transcript Texas Capital Banc...
Texas Capital Bancshares, Inc. 5.75% DEP PFD Bpr ( TCBIO ) declares $0.3594/share quarterly dividend , in line with previous. Forward yield 6.88% Payable March 16; for shareholders of record March 2; ex-div March 2. See TCBIO Dividend Scorecard, Yield Chart, & Dividend Growth. More on Texas Capital Bancshares Texas Capital Bancshares, Inc. (TCBI) Q4 2025 Earnings Call Transcript Texas Capital Bancshares, Inc. 2025 Q4 - Results - Earnings Call Presentation Texas Capital Bancshares: The Preferred Stock Is More Attractive Texas Capital projects mid- to high single-digit revenue growth and $265M–$290M noninterest income for 2026 while expanding fee income streams Texas Capital Bancshares GAAP EPS of $2.12 beats by $0.35, revenue of $327.48M beats by $4.19M
Eoneren Mitsubishi Electric ( MIELY ) on Monday said that its ME Innovation Fund has invested in Lucend, a U.S. -based startup that provides an AI platform to optimize data center operations. This is the fund’s fourteenth investment to date. More on Mitsubishi Electric Mitsubishi Electric partners with Tulip Interfaces to bolster manufacturing digitalization Seeking Alpha’s Quant Rating on Mitsubi...
Eoneren Mitsubishi Electric ( MIELY ) on Monday said that its ME Innovation Fund has invested in Lucend, a U.S. -based startup that provides an AI platform to optimize data center operations. This is the fund’s fourteenth investment to date. More on Mitsubishi Electric Mitsubishi Electric partners with Tulip Interfaces to bolster manufacturing digitalization Seeking Alpha’s Quant Rating on Mitsubishi Electric Historical earnings data for Mitsubishi Electric Dividend scorecard for Mitsubishi Electric Financial information for Mitsubishi Electric
In this article GM Follow your favorite stocks CREATE FREE ACCOUNT The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is set to report its fourth-quarter and year-end earnings before the bell Tuesday. Here's what Wall Street is expecting, based on a survey of analysts by LSEG: Earnings per share: $2.20 adjusted expect...
In this article GM Follow your favorite stocks CREATE FREE ACCOUNT The General Motors global headquarters in Detroit, Jan. 12, 2026. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — General Motors is set to report its fourth-quarter and year-end earnings before the bell Tuesday. Here's what Wall Street is expecting, based on a survey of analysts by LSEG: Earnings per share: $2.20 adjusted expected Revenue: $45.8 billion expected Those results would mark a 4% decline in revenue compared with a year earlier and a more than 14% increase in adjusted earnings per share. GM's 2024 fourth-quarter results included $47.7 billion in revenue, net loss attributable to stockholders of roughly $3 billion, and adjusted earnings before interest and taxes of $2.5 billion. GM is expected to record $7.1 billion in special charges for the fourth quarter of 2025 related to its pullback in electric vehicles and restructuring efforts in China. The charges, which GM announced earlier this month, will impact the automaker's net income but not adjusted results. Aside from the company's results, investors will be watching the company's guidance for this year. GM CEO Mary Barra earlier this month reconfirmed that the automaker expects 2026 will be better than 2025. GM's 2025 guidance included adjusted earnings before interest and taxes of between $12 billion and $13 billion, or $9.75 to $10.50 adjusted EPS, and adjusted automotive free cash flow of $10 billion to $11 billion, up from $7.5 billion to $10 billion. GM executives will host an earnings conference call at 8:30 a.m. EST. This is developing news. Please check back for additional updates.
Strategic investment extends partnership advancing privacy-first legal AI on Qualcomm processors NEW YORK, January 27, 2026--(BUSINESS WIRE)--SpotDraft, the leading AI-powered contract lifecycle management (CLM) platform, has raised $8 million from Qualcomm Ventures in a strategic Series B extension. The investment follows SpotDraft’s $56 million Series B raise in February 2025 and reflects accele...
Strategic investment extends partnership advancing privacy-first legal AI on Qualcomm processors NEW YORK, January 27, 2026--(BUSINESS WIRE)--SpotDraft, the leading AI-powered contract lifecycle management (CLM) platform, has raised $8 million from Qualcomm Ventures in a strategic Series B extension. The investment follows SpotDraft’s $56 million Series B raise in February 2025 and reflects accelerating enterprise demand for secure, high-performance legal AI that can run directly on-device. The funding will be used to deepen SpotDraft’s product and AI capabilities and expand its enterprise presence across the Americas, EMEA, and India, and the relationship extends beyond capital. SpotDraft was featured at Qualcomm Technologies’ Snapdragon Summit 2025, showcasing fully on-device contract review running on Snapdragon® X Elite laptops without cloud connectivity, validating the viability of privacy-first AI for enterprise legal operations. "This investment validates the architectural direction we've taken with SpotDraft," said Shashank Bijapur, Co-founder and CEO, SpotDraft. "Legal teams handle some of the most sensitive business information, yet most AI tools still require sending that data to external cloud models. We've developed the SpotDraft platform to run core contract intelligence workflows locally on device, giving legal teams AI capabilities without compromising performance, privacy, security, or control." VerifAI, SpotDraft's AI-powered contract review tool, runs entirely on device, including embeddings, clause extraction, risk scoring, and applying edits directly on Snapdragon processors. While the application requires internet connectivity for sharing, login, and license checks, contract review, risk scoring, and editing execute completely offline on the local machine. "AI is driving a fundamental shift in how legal workflows are executed, bringing new levels of efficiency to an inherently text-intensive domain," said Quinn Li, Senior Vice President, Qualco...
New analysis kicking off US$4 million collaboration reveals a 124% increase in MDB financing, while Chinese finance began to flow out of developing countries, with Africa hit hardest WASHINGTON, Jan. 27, 2026 /PRNewswire/ -- At a time when international funding to developing countries is in decline, ONE Data announced the "Development Finance Observatory," with US$4 million total funding from Goog...
New analysis kicking off US$4 million collaboration reveals a 124% increase in MDB financing, while Chinese finance began to flow out of developing countries, with Africa hit hardest WASHINGTON, Jan. 27, 2026 /PRNewswire/ -- At a time when international funding to developing countries is in decline, ONE Data announced the "Development Finance Observatory," with US$4 million total funding from Google.org and The Rockefeller Foundation, to help maximize the impact of every dollar. This first-of-its-kind, interactive data collaboration launching this year will improve the accessibility of development finance data and reduce data fragmentation, while integrating both financial inflows to and outflows from developing economies. The platform is being developed with technical infrastructure support from Google's Data Commons and produced by ONE Data. An initial analysis finds that over the last decade, China shifted from a net provider of finance for low- and middle-income countries (transferring $48 billion) to a net extractor (pulling $24 billion out). Meanwhile, multilateral lenders stepped up—boosting net financing by 124% and now providing 56% of net flows, or $378.7 billion between 2020-2024. Today's development finance data is often fragmented and siloed – with different datasets optimized for different audiences and blind spots that make it hard to answer straightforward questions quickly. Produced by ONE Data, the Observatory will integrate both financial inflows and outflows to developing economies. Inflows in this analysis include Official Development Assistance (ODA) and new lending to governments – offset by outflows from governments, such as debt servicing. David McNair, Executive Director at ONE Data, said: "To make better decisions we need accurate, timely facts. This partnership is about harnessing the latest technology to build a public-good data backbone that reduces fragmentation and improves accountability so that everyone from policy-makers to investo...
It’s too bad “AI” is so hard to CTRL-F, because investors will have to scan earnings reports for every mention this week — or maybe, they can just ask AI to do it. As major tech companies tee up their earnings reports, shareholders will be looking to see whether massive investments in artificial intelligence have begun to generate returns. Companies spent hundreds of billions on AI last year, and ...
It’s too bad “AI” is so hard to CTRL-F, because investors will have to scan earnings reports for every mention this week — or maybe, they can just ask AI to do it. As major tech companies tee up their earnings reports, shareholders will be looking to see whether massive investments in artificial intelligence have begun to generate returns. Companies spent hundreds of billions on AI last year, and Wall Street analysts expect that to rise further, with AI spending on track to break past $500 billion in 2026. Investors started feeling jittery about spending last fall as concerns about an AI bubble grew, and their fears haven’t dissipated so far. Meta and Microsoft report on Wednesday (along with Tesla), and Apple follows on Thursday. Spinning Round and Round Heading into the big earnings week, Microsoft debuted its next generation of AI chips yesterday, which it said have 30% higher performance for the price than competing products. The new chip shows how tech companies are jockeying for position in the AI race, and increasingly, pushing into territory Nvidia has dominated. The new Maia 200 chip comes with a software tool called Triton that could rival Nvidia’s Cuda, a major selling point for Nvidia’s chips. Microsoft’s chip is also packed with SRAM, a type of memory that Cerebras Systems and Groq depend on. While companies like Microsoft are competing with each other to win AI biz, they’re also depending on each other for profits from the AI biz in a circular-spending vortex: Who’s sourcing server power from whom for whose AI is an increasingly tangled web that even Charlie Day with a chalkboard would struggle to sort out. Take Meta: Earlier this month, it announced plans to build tens of gigawatts of AI power in the next decade and, eventually, hundreds. At the same time, Meta’s said to be sourcing power from several companies. It reportedly signed a $10 billion deal to tap into Google’s cloud network and a $20 billion deal with Oracle. On the front end, Apple’s expe...
The United States agrees to impose 15% tariffs on imports from South Korea under a trade deal for the vast majority of South Korean products, seen in this photo illustration in Brussels, Belgium, on August 1, 2025. Nurphoto | Nurphoto | Getty Images South Korea's ruling Democratic Party said it would pass a special act on the U.S. trade deal by end- February, according to Yonhap, after U.S. Presid...
The United States agrees to impose 15% tariffs on imports from South Korea under a trade deal for the vast majority of South Korean products, seen in this photo illustration in Brussels, Belgium, on August 1, 2025. Nurphoto | Nurphoto | Getty Images South Korea's ruling Democratic Party said it would pass a special act on the U.S. trade deal by end- February, according to Yonhap, after U.S. President Donald Trump threatened higher tariffs on South Korean exports. Earlier on Tuesday, Trump said he was raising tariffs on South Korean exports to 25% from the current 15%, citing a delay in the country's parliament approving the Washington-Seoul trade deal agreed in July last year. Spokesperson of the ruling Democratic Party Kim Hyun-jung said Trump was likely referring to the Special Act on Strategic Investment Management between Korea and the United States, according to a Google translation of the statement in Korean, submitted to the country's parliament last November. The bill aims to establish a state-run investment corporation to manage Seoul's planned $350 billion investment pledge to Washington. Kim said that five related bills have been submitted to the National Assembly, and are scheduled to be reviewed, adding that "the fact that both the Democratic Party of Korea and the People Power Party have proposed these bills will likely expedite their passage." The ruling DP currently holds 162 seats in the 300 seat National Assembly with four vacant seats, while the PPP holds 107. "What is needed now is to quickly confirm the intent and facts of the U.S statement and correct any misunderstandings," she said. Earlier in the day, South Korea's presidential office said it had not received any official notice or explanation from the U.S. regarding the announcement, according to South Korean media outlet Yonhap. South Korea's finance ministry said that it will keep the U.S. informed on the legislative process, while Seoul's trade ministry said that industry minister Kim Ju...
California governor Gavin Newsom has accused TikTok of suppressing content critical of president Donald Trump, as he launched a review of the platform’s content moderation practices to determine if they violated state law, even as the platform blamed a systems failure for the issues. The step comes after TikTok’s Chinese owner, ByteDance, said last week it had finalised a deal to set up a majority...
California governor Gavin Newsom has accused TikTok of suppressing content critical of president Donald Trump, as he launched a review of the platform’s content moderation practices to determine if they violated state law, even as the platform blamed a systems failure for the issues. The step comes after TikTok’s Chinese owner, ByteDance, said last week it had finalised a deal to set up a majority US-owned joint venture that will secure US data, to avoid a US ban on the short video app used by more than 200 million Americans. “Following TikTok’s sale to a Trump-aligned business group, our office has received reports, and independently confirmed instances, of suppressed content critical of President Trump,” Newsom’s office said on X on Monday, without elaborating. “Gavin Newsom is launching a review of this conduct and is calling on the California Department of Justice to determine whether it violates California law,” it added. In response, a representative for the the joint venture for TikTok in the US pointed to a prior statement that blamed a data centre power outage, adding, “It would be inaccurate to report that this is anything but the technical issues we’ve transparently confirmed.” Users may notice bugs, slower load times or timed-out requests when posting new content due to the impact of the outage, the joint venture added. “While the network has been recovered, the outage caused a cascading systems failure that we’ve been working to resolve,” it said in the statement posted online before Newsom’s remarks. Newsom, a Democrat, and Trump, a Republican, have long been critical of each other. Newsom’s accusation on Monday came as a number of users on TikTok reported abnormalities and accused the platform of censoring their posts. Steve Vladeck, a professor at Georgetown University’s School of Law, said a video he recorded about reports federal immigration officers could use sweeping power to forcibly enter people’s homes without a judge’s warrant had been placed...
Thailand’s economy is poised to expand at its slowest pace in three years in 2026 as exports and domestic demand moderate, according to the Finance Ministry. Gross domestic product is forecast to expand 2.2% in 2025, the ministry said Tuesday, cutting its earlier estimate of 2.4%. That would mark a deceleration from the 2.5% growth in 2024. The ministry maintained its 2026 forecast of a 2% expansi...
Thailand’s economy is poised to expand at its slowest pace in three years in 2026 as exports and domestic demand moderate, according to the Finance Ministry. Gross domestic product is forecast to expand 2.2% in 2025, the ministry said Tuesday, cutting its earlier estimate of 2.4%. That would mark a deceleration from the 2.5% growth in 2024. The ministry maintained its 2026 forecast of a 2% expansion, which is faster than Bank of Thailand’s 1.5% growth estimate. Economists in a Bloomberg survey expect the economy to grow at 1.7%. Should the weaker outlook materialize, Thailand would record its weakest growth since 2014, outside the pandemic years of 2020 and 2021. That’s a challenge facing Prime Minister Anutin Charnvirakul , who rolled out consumption stimulus measures before dissolving parliament and is now seeking to return to power after the Feb. 8 election . The outlook is clouded by multiple headwinds, including US trade policies, a surging baht and weakening domestic demand . Government spending, which typically helps support local activity, is likely to be subdued at least in the first half, as coalition talks following the election may delay the formation of a new administration. Merchandise exports this year will likely increase by 1% compared with the forecast 12.7% growth in 2025. Growth in private consumption will likely slow to 2.5% from a forecast 3.3% in 2025, according to estimates from the ministry. The baht has gained more than 8% over the past 12 months, making it the second-best performer among Asian currencies tracked by Bloomberg. Its strength — amplified by dollar selling linked to gold trading — has weighed on exports and tourism, adding another drag on growth. The rally has prompted authorities to tighten oversight of baht-denominated bullion transactions in effort to curb speculative flows. The Finance Ministry said GDP growth in the fourth quarter was likely at 1.8% from a year ago. The country’s official growth figures are due on Feb. 16.
Marinela Malcheva/iStock via Getty Images FOMC Meeting Begins 9:00 AM Case-Shiller Home Price Index The S&P Corelogic Case-Shiller home price index tracks monthly changes in the value of residential real estate in 20 metropolitan regions across the nation. 9:00 AM FHFA House Price Index The Federal Housing Finance Agency (FHFA) House Price Index covers single-family housing, using data provided by...
Marinela Malcheva/iStock via Getty Images FOMC Meeting Begins 9:00 AM Case-Shiller Home Price Index The S&P Corelogic Case-Shiller home price index tracks monthly changes in the value of residential real estate in 20 metropolitan regions across the nation. 9:00 AM FHFA House Price Index The Federal Housing Finance Agency (FHFA) House Price Index covers single-family housing, using data provided by Fannie Mae and Freddie Mac. 10:00 AM Consumer Confidence The Conference Board's confidence report surveys consumers on their assessments of the labor market, business activity, and their own financial conditions. Confidence indicator expected better at 90.0 for January from 89.1 in December. 10:00 AM New Home Sales New home sales measure the number of newly constructed homes with a committed sale during the month. 10:00 AM Richmond Fed Manufacturing Index This survey tracks business conditions in the Richmond Fed's manufacturing sector. 1:00 PM 5-Yr Note Auction The US Treasury Department will hold an auction for $70 billion of 5-year Notes. 1:00 PM Money Supply The monetary aggregates are alternative measures of the money supply by degree of liquidity. More on U.S. Markets Another Government Shutdown Looms, I'm Buying Gold Traders Defensively Positioned As Equities Retrace From Record Highs Whale's Methodology: Investing Through The Lens Of Volatility (I) Morgan Stanley’s 10 predictions for investing in 2026 Earnings season has been good but not great, BofA says
On Thursday 8 January, in a midsize Iranian town, Dr Ahmadi’s* phone began to buzz. His colleagues in local emergency wards were getting worried. All week, people had taken to the streets and had been met by police with batons and pellet guns. With treatment, their injuries should not have been too serious. But emergency room staff believed many wounded young people were avoiding hospitals, terrif...
On Thursday 8 January, in a midsize Iranian town, Dr Ahmadi’s* phone began to buzz. His colleagues in local emergency wards were getting worried. All week, people had taken to the streets and had been met by police with batons and pellet guns. With treatment, their injuries should not have been too serious. But emergency room staff believed many wounded young people were avoiding hospitals, terrified that registering as trauma patients would lead to their identification and arrest. Quietly, Ahmadi [who remains anonymous due to fear of reprisals, but whose identity, credentials and presence within Iran during the unrest have been verified by the Guardian] and his wife began treating patients at a location outside Iran’s government hospital system. Alerted by a local whisper network, wounded young people flocked to them. Mostly, they brought superficial injuries – laceration wounds needing stitches and antibiotics. As Thursday evening wore on, more and more arrived to be patched up. The next day, everything abruptly changed. Protesters kept coming, but their injuries were close-range gunshots and severe stab wounds, typically to the chest, eyes and genitals. Many proved fatal. Ahmadi was shocked by the number being killed – more than 40 in his small town alone – but with the internet blacked out, no one knew what the national picture was. To piece it together, Ahmadi assembled a network of more than 80 medical professionals across 12 of Iran’s 31 provinces to share observations and data, and to build a clearer picture of the violence. They’ve mass murdered people. No one can imagine … I saw just blood, blood and blood Their observations, shared with the Guardian and combined with accounts from morgues and graveyards across the country, begin to reveal the vast scale of violence inflicted on Iranians during the state’s crackdown. Ahmadi and his colleagues are hesitant to provide a figure for the toll but agree “all publicly cited death tolls represent a severe underest...
Last week, a UN report declared that the world has entered an era of ‘global water bankruptcy’ with many human water systems past the point at which they can be restored to former levels. To find out what this could look like, Madeleine Finlay speaks to the Guardian’s diplomatic editor, Patrick Wintour, who has been reporting on Iran’s severe water crisis. And Mohammad Shamsudduha, professor of wa...
Last week, a UN report declared that the world has entered an era of ‘global water bankruptcy’ with many human water systems past the point at which they can be restored to former levels. To find out what this could look like, Madeleine Finlay speaks to the Guardian’s diplomatic editor, Patrick Wintour, who has been reporting on Iran’s severe water crisis. And Mohammad Shamsudduha, professor of water crisis and risk reduction in the department of risk and disaster reduction at University College London, explains how the present situation arose and what can be done to bring water supplies back from the brink Era of ‘global water bankruptcy’ is here, UN report says Climate crisis or a warning from God? Iranians desperate for answers as water dries up Continue reading...