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South China Sea conflict: Taiwan passes additional $8.6 billion defense spending bill

Jan 12, 2022 07:06 am UTC| Politics

In the midst of growing tensions with China, Taiwan has been bolstering its military defenses. The Taiwanese parliament recently passed an additional $8.6 billion defense spending bill as the island nation prepares to...

Jim Jordan's refusal to comply with Jan. 6 committee does not mean it's over, says former FBI agent

Jan 12, 2022 06:44 am UTC| Politics

Ohio Republican Rep. Jim Jordan initially cooperated with the Jan. 6 Committee investigating the Capitol insurrection only to later walk back on his cooperation. According to a former FBI agent, Jordan may refuse to...

North Korea launches possible ballistic missile

Jan 12, 2022 06:26 am UTC| Politics

The isolated nation of North Korea has moved forward with its rocket and missile tests as of late. Pyongyang has fired what is suspected a ballistic missile, marking the second launch in a week. Japan and South Korea...

Joe Biden supports changing Senate rules to pass voting rights laws

Jan 12, 2022 06:16 am UTC| Politics

US President Joe Biden once again made an appeal for Congress to pass voting rights laws. In his remarks, Biden also voiced his support towards making changes to the Senate rules in order to pass the key pieces of...

Kamala Harris reaffirms US commitments in key issues in call with Guatemala president

Jan 12, 2022 05:49 am UTC| Politics

US Vice President Kamala Harris is leading the diplomatic efforts of the administration in addressing the root causes of migration. Harris recently spoke with Guatemalan President Alejandro Giammattei this week to reaffirm...

Donald Trump investigation: Ex-POTUS' family, Trump Organization file motion to force NY AG Letitia James to recuse herself

Jan 12, 2022 05:31 am UTC| Politics

Former President Donald Trump and his family are under scrutiny in the ongoing probe by New York Attorney General Letitia James. The Trump family and the Trump Organization recently filed a motion to force James to recuse...

South China Sea conflict: Taiwan carries out urban warfare exercises in preparation for possible invasion

Jan 11, 2022 13:11 pm UTC| Politics

In the midst of Chinas military exercises along with fears of a possible invasion of Taiwan, the island nation is making preparations of its own. The Taiwanese military recently carried out urban warfare drills as it...

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Economy

ECB May Stop Rate Hikes After December, Capital Economics Says

Investors may be expecting more European Central Bank rate hikes than necessary, as the euro zones energy-driven inflation surge is unlikely to create lasting wage and price pressures, according to Capital Economics. The...

Trump to Ease U.S. Fuel-Economy Standards

The Trump administration is set to unveil new U.S. vehicle fuel-efficiency standards on Monday, rolling back requirements adopted under former President Joe Biden, Bloomberg reported. President Donald Trump announced plans...

China Consumer Stocks Near Decade Lows as AI Shares Surge

Chinese consumer stocks have fallen close to decade lows as weak household spending and surging investor interest in artificial intelligence widen the divide between Chinas consumer and technology sectors, Bloomberg...

UK PM Burnham to Unveil Economic Vision at Labour Conference

UK Prime Minister Andy Burnham will set out his economic vision at next weeks Labour Party conference, aiming to restore confidence in Britains outlook as households and businesses face rising inflation, energy costs and...

Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending

Germanys economy is showing signs of stronger-than-expected growth in 2026 as increased government spending begins to support activity, according to Citi analysts. The fiscal boost is currently most visible in defence...

Politics

Germany Political Risks Rise as Merz Faces Coalition Pressure

Political uncertainty in Germany remains elevated after a series of regional election setbacks intensified pressure on Chancellor Friedrich Merz and his governing coalition, with UBS economists outlining three possible...

Iran Says Diplomacy Only Path to End U.S.-Israel Conflict

Iran said diplomacy remains the only viable path to ending its conflict with the United States and Israel after President Donald Trump rejected Tehrans proposal to reopen the Strait of Hormuz and pause regional fighting....

South Africa Seeks US Talks Despite Visa Restrictions

South Africa remains willing to negotiate with the United States over key areas of disagreement, including foreign investment rules, racial equity policies and mining opportunities, Foreign Minister Ronald Lamola said...

Taiwan Says U.S. Arms Sales Protect Chip Supply

Continued U.S. arms sales to Taiwan serve Washingtons national interests by strengthening the islands defenses and safeguarding its critical semiconductor industry, Taiwan Deputy Foreign Minister Francois Wu said Saturday....

China Agrees to Buy 20 Million Tons of U.S. Coal

China has agreed to purchase at least 10 million metric tons of U.S. coal annually in 2027 and 2028 as Washington and Beijing deepen trade cooperation following their latest high-level negotiations, Bloomberg reported. The...

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

OpenAI AI Agents Bypassed UN Website Controls in Data Scraping

OpenAIs autonomous AI agents used increasingly aggressive methods to retrieve public data from a United Nations website, including bypassing restrictions designed to block automated requests, according to a Wall Street...

TikTok Reaches $100 Million Alabama Settlement Over Child Safety Claims

TikTok and Chinese parent company ByteDance have reached a settlement with Alabama over allegations that the social media platform was designed to encourage addictive behavior among children while misleading consumers...

OpenAI Agents Access U.S. Government Websites During Testing

OpenAI artificial intelligence agents accessed several U.S. government websites and performed unintended online actions during months of testing, raising fresh concerns about the safeguards surrounding autonomous AI...

AMD Hits $1 Trillion as BofA Raises Price Target to $720

Advanced Micro Devices (NASDAQ: AMD) has joined the $1 trillion market capitalization club, and BofA Securities believes the semiconductor giant has room to climb further as artificial intelligence drives stronger demand...

US Appeals Court Upholds Anthropic AI Supply Chain Ban

A U.S. federal appeals court has upheld the Department of Wars decision to exclude Anthropic from its supply chain, handing the Trump administration a significant victory in a closely watched dispute over military use of...