February 2025

Pope Francis shows continued health progress, says Vatican

Pope Francis shows signs of improvement in his health condition as he spends his second day in the hospital. The Vatican, in its latest statement, confirmed the positive developments in his recovery. This news comes amidst his ongoing treatment for pneumonia in both lungs. The Holy See continues to update the public on the 88-year-old pontiff’s health status.

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ABS-CBN sells major stake in HQ to Ayala Land

ABS-CBN Corporation has agreed to sell nearly 70% of its Diliman, Quezon City property to Ayala Land Inc. for PHP 6.24 billion. This move aims to raise funds for debt settlement. The sale marks a significant change for the network’s broadcasting center. The deal reflects ABS-CBN’s strategy to strengthen its financial standing. Ayala Land Inc. will acquire a substantial portion of the property. The agreement underscores a reshaping of assets and partnerships in the media and real estate industries.

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Austin ranch owners secure agreement with city to block development

Shield Ranch, a 6,600-acre property outside Austin, Texas, has entered into an agreement with the city to prevent future development. This deal safeguards the land’s natural resources, balancing urban growth with environmental preservation. Through a conservation easement, the ranch will remain untouched, providing recreational opportunities and contributing to community well-being. The agreement reflects collaboration between private landowners and municipal authorities, offering a model for sustainable growth and preservation. This story explores the implications for conservation in the Austin area.

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Trump sets new 10% tariff on China, effective March

President Donald Trump announced a 10% tariff on Chinese imports, highlighting issues of drug smuggling as a reason. Meanwhile, tariffs on goods from Canada and Mexico are set to move forward next week. The administration aims to address concerns related to trade practices and illegal activities. These measures are part of broader U.S. trade policies.

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