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Kenya’s President Open to Turning Haiti Anti-Gang Mission into U.N. Peacekeeping Operation

Sep 22, 2024 14:49 pm UTC| Business Economy

Kenyan President William Ruto indicated his openness to converting Kenyas anti-gang mission in Haiti into a U.N. peacekeeping operation. This comes as the U.N. Security Council considers extending the mandate of the...

Why China Isn’t Reacting Swiftly to Economic Slowdowns Despite Mounting Global Concerns

Sep 22, 2024 14:37 pm UTC| Business Economy

Despite weakening economic data, Chinas leadership remains measured in its response, prioritizing long-term growth over immediate stimulus. President Xi Jinpings focus on advanced manufacturing and green energy has led to...

U.S. Invests $3 Billion to Boost Domestic EV Battery Production, Reduce Reliance on China

Sep 21, 2024 20:32 pm UTC| Economy

The U.S. Department of Energy is allocating $3 billion to 25 projects across 14 states to enhance domestic electric vehicle battery production. This move aims to shift production away from China and create 12,000 jobs,...

Yen Weakens After Bank of Japan Signals Delayed Rate Hikes Amid Global Uncertainty

Sep 21, 2024 18:19 pm UTC| Business Economy

Following Bank of Japan Governor Kazuo Uedas cautious remarks on future rate hikes, the yen weakened to 143.50 against the dollar. Investors interpreted Uedas comments as a sign that the BOJ may delay tightening monetary...

닛폰제강, 미 철강 인수 속 부채 관리 위해 2억1100만 달러 자산 매각

Sep 21, 2024 11:46 am UTC| Economy Business

로이터통신에 따르면 닛폰제강이 부채 관리를 위해 올해 회계연도에 최소 300억 엔(2억1100만 달러) 상당의 자산을 매각할 계획이라고 닛케이가 금요일 닛폰제강 부회장을 인용해 보도했다. 이는 149억 달러 규모의 미 철강 인수 제안의...

독일 주택 가격 2분기 하락, 안정세 조짐

Sep 21, 2024 11:46 am UTC| Economy

독일 주거용 부동산 가격이 2분기에도 하락세를 이어갔으며, 전년 동기 대비 평균 2.6% 하락했다고 금요일 연방 통계청 데이터가 밝혔다. 그러나 일부 안정화 조짐도 보이고 있다. 최근 몇 분기 동안 연간 하락폭은 점차 둔화되었으며,...

Global Geopolitics Series

이탈리아, 우크라이나에 추가 미사일 방어 시스템 지원 예정 - 외무장관

Sep 21, 2024 11:45 am UTC| Economy

이탈리아가 우크라이나에 또 다른 Samp-T 미사일 방어 시스템을 지원할 예정이라고 안토니오 타야니 외무장관이 목요일 밝혔다. 그는 그러나 러시아와의 전쟁에 휘말리지 않도록 주의해야 한다고 강조했다. 타야니 장관은 Radio 24와의...

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Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) has revealed that its board members discussed the possibility of raising interest rates in 2026, according to the minutes from the central banks December policy meeting. The discussion...

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...
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