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Future of Russian gas looking bleak as Ukraine turns off taps and Europe eyes ending all imports

Jan 14, 2025 05:57 am UTC| Insights & Views Politics

Russias contract for the transit of its gas across Ukraine expired on December 31 last year and Kyiv refused to consider a new deal. Ukraines decision was supported by the European Commission, even though the lost imports...

Firefighting planes are dumping ocean water on the Los Angeles fires − why using saltwater is typically a last resort

Jan 14, 2025 05:56 am UTC| Insights & Views Science

Firefighters battling the deadly wildfires that raced through the Los Angeles area in January 2025 have been hampered by a limited supply of freshwater. So, when the winds are calm enough, skilled pilots flying planes...

Justin Trudeau’s resignation creates a progressive void in Canada, part of a long-established cycle

Jan 14, 2025 05:55 am UTC| Insights & Views Politics

Prime Minister Justin Trudeaus resignation will have cascading effects on political leadership in Canada. Trudeaus recent cabinet shakeup, spurred by Finance Minister Chrystia Freelands shock resignation in December,...

Could AI replace politicians? A philosopher maps out three possible futures

Jan 14, 2025 05:55 am UTC| Insights & Views Technology

From business and public administration to daily life, artificial intelligence is reshaping the world and politics may be next. While the idea of AI politicians might make some people uneasy, survey results tell a...

We’re getting closer to having practical quantum computers – here’s what they will be used for

Jan 14, 2025 05:54 am UTC| Insights & Views Technology

In 1981, American physicist and Nobel Laureate, Richard Feynman, gave a lecture at the Massachusetts Institute of Technology (MIT) near Boston, in which he outlined a revolutionary idea. Feynman suggested that the strange...

Car dealers took secret fees for recommending finance – and consumers could be owed millions

Jan 14, 2025 05:54 am UTC| Insights & Views Business Life

Decades after tens of millions of consumers were mis-sold payment protection insurance, banks are facing another potential scandal in what has been dubbed PPI 2.0. In a major test case in 2024, the Court of Appeal held...

How religion’s brand became unpopular in Canada

Jan 14, 2025 05:54 am UTC| Insights & Views Life

In 1961, less than one per cent of Canadians identified as having no religion. In 2021, 43 per cent of those between 15 and 35 considered themselves religiously unaffiliated. Organized religion and especially Christianity...

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Economy

U.S. 10-Year Treasury Yield Hits 2007 High as Fed Rate Hike Bets Rise

U.S. Treasury yields surged Wednesday as stronger economic data, renewed inflation concerns and hawkish Federal Reserve comments triggered a sharp bond sell-off. The benchmark 10-year Treasury yield climbed to its highest...

US, China Extend Trade Truce to Jan. 10 Ahead of Trump-Xi Summit

The United States and China have agreed to extend their trade truce, known as the Busan Agreement, until Jan. 10, giving the worlds two largest economies additional time to negotiate a broader economic agreement. U.S....

Wall Street Falls as Treasury Yields Surge, Oil Rebounds on Iran Tensions

Wall Street ended sharply lower Wednesday as surging U.S. Treasury yields pressured technology stocks, while investors monitored renewed U.S.-Iran tensions and Chinese President Xi Jinpings visit to Washington. The SP 500...

Oil Prices Surge as U.S.-Iran Diplomacy Hopes Fade

Oil prices rebounded sharply on Wednesday, snapping a five-session losing streak as renewed tensions between the United States and Iran reduced expectations for a diplomatic breakthrough. Brent crude futures for November...

Gold Drops Over 1% as Dollar, Treasury Yields Surge on Fed Rate Hike Bets

Gold prices fell sharply on Wednesday as a stronger U.S. dollar, surging Treasury yields and renewed expectations for another Federal Reserve interest rate hike pressured the precious metal. Spot gold dropped 1.6% to...

Politics

Trump Administration Plans Faster FDA Reviews for Smoke-Free Nicotine Products

The Trump administration is preparing to overhaul the U.S. regulatory process for smoke-free nicotine products, potentially creating a faster route to market for vapes and nicotine pouches, according to The Wall Street...

Venezuela Promises Elections as Delcy Rodriguez Pledges Democratic Transition

Venezuela will hold elections as part of a transition toward what interim President Delcy Rodriguez described as full democracy, although she did not provide a specific date for the vote. Speaking at the United Nations...

Trump Board of Peace Unveils $2.45 Billion Gaza Recovery Plan

U.S. President Donald Trumps Board of Peace is set to unveil a six-month, $2.45 billion Gaza recovery plan on Wednesday, outlining dozens of projects aimed at rebuilding critical infrastructure and restoring basic services...

Kremlin Says No Grounds Yet for Ukraine Peace Talks

The Kremlin said Wednesday that conditions are not yet in place to restart Ukraine peace talks, even as Russia remains open to negotiations ahead of a planned meeting between Russian Foreign Minister Sergey Lavrov and U.S....

Lula and Flavio Bolsonaro Tied in Brazil Runoff Poll

Brazilian President Luiz Inacio Lula da Silva and Senator Flavio Bolsonaro remain locked in a statistical tie in a potential presidential runoff, according to an AtlasIntel/Bloomberg poll released Wednesday, highlighting...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Meta Connect Spotlights Camera-Free Smart Glasses Amid Privacy Concerns

Meta Platforms opened its annual Connect conference on Wednesday, with the technology giant expected to introduce new smart glasses as it seeks to expand its lead in AI-powered wearable devices while addressing mounting...

Anthropic’s Claude Discovers CRISPR-Like Enzyme System

Anthropic has launched a new life sciences research group and laboratory focused on fundamental biology, with its Claude AI model already contributing to the discovery of a previously unknown enzyme system that shares...

Microsoft Stock Upgraded as Stifel Sees Stronger Azure Growth

Stifel upgraded Microsoft (NASDAQ: MSFT) to Buy from Hold and lifted its price target to $575 from $530, citing stronger confidence in the technology giants ability to maintain mid-to-upper-teens revenue growth. Analysts...

Scott Bessent Eyed as Trump’s New AI Czar

U.S. Treasury Secretary Scott Bessent is under consideration to become President Donald Trumps new artificial intelligence czar as Washington intensifies its focus on AI development, safety and national security. A source...

China Reviews Broadcom Switch Use in State Data Centres

China is reviewing the use of Broadcom switches in state-backed data centres as Beijing intensifies efforts to reduce dependence on foreign technology and promote domestic semiconductor and networking equipment suppliers,...
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