GLOBAL ECONOMIC OUTLOOK PRESSURED BY UNCERTAINTIES IN 2025

Mon 20 January 2025: The global economic outlook is pressured by uncertainties, fragmentation, and debt, according to the World Economic Forum’s Chief Economists Outlook survey report released on Thursday. The report is based on a survey of the world’s leading private sector chief economists. Some 56% of the respondents expect weaker economic growth this year, […]

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TRUMP TEAM CALLS FOR MADURO’S REMOVAL AMID VENEZUELA CRISIS

Sun 19 January 2025: The incoming administration of US President-elect Donald Trump is pushing for regime change in Venezuela, citing Nicolas Maduro’s rigged elections, political repression and escalating threats to American territories, according to American media reports on Saturday. Axios reported that Trump’s team advocates Maduro’s removal without military action. “We wouldn’t mind one bit […]

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UK AIMS TO BOOST GROWTH, LIVING STANDARDS WITH NEW AI ACTION PLAN

Sun 19 January 2025: The British government has planned to develop a new strategy to advance the nation’s artificial intelligence (AI) sector, which will raise living standards and economic growth by generating thousands of new jobs. Prime Minister Keir Starmer has announced the AI Opportunities Action Plan, which would help contribute to a “decade of […]

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GLOBAL UNEMPLOYMENT HOLDS AT 5%, BUT LABOR MARKET CHALLENGES PERSIST: UN AGENCY

Sat 18 January 2025: Global unemployment remains near a historical low of 5%, but significant challenges are slowing the full recovery of labor markets, according to the latest report of the International Labor Organization (ILO) released Thursday. While the unemployment rate stabilized in 2024, the ILO highlighted widening inequalities, high youth unemployment, and the lasting […]

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UK GOVERNMENT ANNOUNCES NEW LOCAL INQUIRIES INTO CHILD SEX ABUSE

 Britain’s Home Secretary Yvette Cooper. Fri 17 January 2025: Home Secretary Yvette Cooper says government will also undertake a ‘rapid’ review of child sexual abuse in the UK. The United Kingdom’s government has announced it will back new local inquiries into child sexual abuse and undertake a “rapid” review of the extent of child sexual […]

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