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The plan would replace the $600 million in subsidies Denmark gives the island each year

The Donald Trump administration is reportedly considering giving about $10,000 to each Greenland resident as part of its plan to annex the island.

The possibility would seek to replace the $600 million Denmark gives the territory in subsidies every year, and has stopped being mere rhetoric to become official U.S. policy, according to The New York Times.

The outlet detailed that the plan already includes several cabinet departments and that the White House’s National Security Council has met several times to advance on it, recently sending specific instructions to different offices.

cross-posted from: lemmy.world/post/30324554

Struggling budget chain Poundland has been sold for £1 and now faces a shake-up which could see up to 100 stores close, the BBC understands.

Its owner Polish firm Pepco confirmed it had sold the brand for a “nominal” sum to US investment firm Gordon Brothers.

Poundland has 825 UK stores and around 16,000 staff and was struggling to compete with other discount stores, with sales down this January and February.

Following the sale a proposed restructure will be put to the High Court in England, Pepco said.

It comes after Pepco warned that increased employer National Insurance contributions which kicked in in April would put added pressure on the chain.

Pepco Group has owned Poundland since 2016, but the firm had to auction the brand off after sales slumped over the past year.

Gordon Brothers is a global investment firm which formerly owned fashion label Laura Ashley.

Increased productivity and improved staff wellbeing were among the results of a year-long trial of the four-day week by the Scottish government.

Staff at the two organisations reported less work-related stress and greater satisfaction with their jobs and work-life balance.

Almost all workers (98%) at SOSE believed the four-day week trial improved motivation and morale, while there was a decrease in workers taking time off sick and a 25% fall in those taking sick days for psychological reasons.

The draft U.K.-EU agreement is one of several being drawn up ahead of a May 19 summit.

Britain and the European Union are set to sign a formal declaration committing to “free and open trade” in defiance of Donald Trump’s tariff agenda.

A leaked draft seen by POLITICO promises a “new strategic partnership” between London and Brussels based on “maintaining global economic stability and our mutual commitment to free and open trade.”

It comes as Keir Starmer’s U.K. government is locked in negotiations with the Trump administration to try to get a carve-out from the U.S. president’s new tariffs.

Small island states and major economies are urging a fair fossil-fuel phase-out as climate negotiations enter a critical juncture. Climate-friendly trade and improved climate finance are among the main flashpoints.

Ministers from around the world crowded the podium at the UN climate conference in Belem, Brazil, united in calling for a rapid and equitable phase-out of the fossil fuels largely responsible for driving climate change.

Flanked by representatives from countries including Germany, Colombia, the UK and Kenya, Tina Stege, the Marshall Islands’ climate envoy, evoked the spirit of Mutirao — a Portuguese word of Indigenous origin meaning ‘collective effort’ — in calling for a “roadmap” to transition away from oil, coal and gas.

Colombia is leading the charge of around 80 countries backing the inclusion of such a roadmap in a final COP agreement this year, according to negotiators. It advances a commitment first made at COP28 in Dubai, but with greenhouse gas emissions at a record high and warming accelerating, some fear the talks between nearly 200 nations lack urgency.