Tue 17 December 2024: Households in the United Kingdom are hesitant to spend much on big-ticket purchases in the run-up to Christmas. This is according to a study which cited a broadly weak UK economic outlook as the reason. Research group GFK’s mood barometer did rise, but it ended barely above 2024’s average. Consumers were […]
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Mon 16 December 2024: US President-elect Donald Trump said Türkiye is “very smart” Monday as he hailed his personal relationship with his Turkish counterpart, Recep Tayyip Erdogan. “Turkey is a major force, by the way, and Erdogan is somebody I got along with great but he has a major military force. And his has not […]
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Mon 16 December 2024: Doctors say leftist leader has been cleared to work while recovering at home after being rushed to hospital last week. Brazilian President Luiz Inacio Lula da Silva has been released from hospital following an emergency surgery to treat bleeding in his brain. The 79-year-old Brazilian leader delivered brief remarks upon his […]
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Mon 16 December 2024: Russia faces a triple threat, rising inflation, soaring defence spending, and tightening household budgets. With inflation expected to reach 9 per cent this year and interest rates climbing to 21 per cent, many Russians are struggling to afford daily necessities. Russia’s economy is facing severe inflation, driven by soaring defence expenditures […]
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Sun 15 December 2024: The world’s largest iceberg, A23a, caught in a whirlpool in Antarctica, has broken free and is flowing northward. The British Antarctic Survey announced that the iceberg has drifted northward. Dr. Andrew Meijers, a marine scientist and researcher with the organization, noted that it is exciting that A23a is on the move […]
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Sun 15 December 2024: Global deaths from armed conflicts rose by 37 percent between July 1, 2023 and June 30, 2024, reaching nearly 200,000, the British think tank International Institute for Strategic Studies said. Its Armed Conflict Survey 2024 released on Thursday revealed a staggering 315 percent increase in fatalities in the Middle East and […]
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Sat 14 December 2024: The Labour government in the United Kingdom (UK) on Thursday unveiled updated measures aimed at overhauling the planning system for new housing development, requiring local councils to commit to a house-building timetable. As part of its broader plan to construct 1.5 million homes before the next general election, the government introduced […]
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Sat 14 December 2024: A pair of senior lawmakers penned a letter to Google and Apple on Friday, informing them that they must remove TikTok from their app stores by Jan. 19. Representatives John Moolenaar and Raja Krishnamoorthi, the top Republican and Democrat on the House Select Committee on the CCP respectively, told Apple CEO Tim Cook and Google CEO Sundar Pichai “Congress has provided ample time—233 days […]
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.Sat 14 December 2024: World economic growth is expected to decelerate to 2.7% in 2025 from 2.9% in 2024, the International Institute of Finance (IIF) forecasted Wednesday. The IIF’s expectation for mature markets’ GDP rate for 2025 was at 1.3% on average, down from 1.5% in 2024. The expectation for the US was at 1.9%, […]
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Fri 13 December 2024: Donald Trump was named Time Magazine’s Person of the Year on Thursday, marking the second time the incoming president has been bestowed the honor. Time hailed the course of Trump’s political career as “unparalleled in American history,” and said he has “proved twice now that he can surf to power on anti-incumbent sentiment, a […]
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