The Philippines is urging residents in at-risk coastal and low-lying areas to evacuate as Super Typhoon Man-Yi closes in on Luzon. With winds reaching 195 kph, authorities have evacuated over 500,000 people and issued warnings of potential floods and storm surges up to 3 metres.
Jake Paul defeated Mike Tyson by unanimous decision in a highly anticipated fight at AT&T Stadium, Texas. The 27-year-old social media star dominated the 58-year-old boxing legend, marking Netflix's first live boxing event, which drew record-breaking viewership and attendance.
Wall Street banks are hopeful they can soon sell off $13 billion of debt tied to Elon Musk's social media platform X. They now believe that Musk's close relationship with President-Elect Donald Trump could improve X's prospects, allowing them to sell the debt without large losses.
A fire broke out early Friday at the Jardines de Villafranca care home in Villafranca de Ebro, killing at least 10 elderly residents. The blaze was contained to one room, but smoke inhalation caused the fatalities. Authorities are investigating the cause.
Amid tense political disputes, COP29 in Baku grapples with raising $1 trillion in climate finance to support vulnerable nations. Argentina's delegation withdrawal and friction between developed and developing countries add pressure to reach a consensus on funding goals.
Türkiye has been offered partner country status by the BRICS group, Trade Minister Omer Bolat confirmed, as Ankara seeks to balance its Eastern and Western ties. While considering potential BRICS membership, Türkiye views the partnership as an opportunity for enhanced economic cooperation.
Chad’s weather agency struggles with broken equipment and lack of funding, reflecting a broader issue across Africa, where limited data hampers disaster preparedness. At COP29, urgent calls were made to improve early warning systems, aiming for universal coverage by 2027.
Parts of Colombia overwhelmed by flood waters. Torrential rains have triggered catastrophic flooding and landslides across the country, displacing tens of thousands and leaving communities devastated.
At COP29 in Baku, Egyptian Prime Minister Mostafa Kamal Madbouly emphasized the need for focused climate action, calling for solidarity, financial support for developing nations, and the acceleration of Egypt's green transformation projects aiming for 48% renewable energy by 2030.
U.S. President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead a new Department of Government Efficiency. Tasked with cutting bureaucracy and regulations, the informal roles aim to restructure federal agencies, potentially boosting Musk's influence and business interests.
Georgian PM Irakli Kobakhidze, at COP29, called for a higher climate finance target and praised Azerbaijan for hosting the summit. He reaffirmed Georgia's commitment to reducing emissions, highlighting the urgency of climate action to protect vulnerable nations.
The Prime Minister of Pakistan Shehbaz Sharif delivered a powerful call for urgent international climate finance, at the climate summit in Baku.
Italian Prime Minister Giorgia Meloni spotlighted Italy's leadership in nuclear fusion at COP29, calling it a transformative step toward global climate goals.
IMF and World Bank leaders at COP29 pledged to work with U.S. President-elect Trump, emphasizing private sector investment in green technology. While concerns remain over Trump's climate stance, IMF chief Georgieva expressed confidence in ongoing U.S. investment in renewables.
President of Azerbaijan Ilham Aliyev addressed the World Leaders' Climate Action Summit in Baku, welcoming global delegations
Countries at COP29 in Baku approved carbon credit quality standards, paving the way for a U.N.-backed global carbon market to launch next year. The move aims to fund emission-reducing projects, though critics argue it lacks protections for impacted communities.
German Economy Minister Robert Habeck announces his candidacy for chancellor on behalf of the Greens. A key figure in climate policy, he recently returned to social media with a video showing a bracelet that reads “Chancellor Era,” fuelling speculation on Friday.
Stock markets in the UAE closed lower on Friday, impacted by falling oil prices. The drop comes as concerns over the effects of Hurricane Rafael of US oil production ease. Abu Dhabi's index dropped 0.2%, while Dubai’s main index fell 0.1%.
OCBC and UOB, Singapore’s second and third largest banks, project stronger loan growth in 2025 after exceeding third-quarter profit expectations. This outlook follows recent U.S. rate cuts, though geopolitical uncertainties could still impact markets, said OCBC’s CEO Helen Wong.
A wildfire near Los Angeles has forced more than 10,000 people to evacuate as strong winds drive flames into neighbourhoods, destroying homes. Firefighters are battling intense Santa Ana winds as the fire spreads across 20,000 acres, threatening thousands more residents
Mexican President Claudia Sheinbaum congratulated Donald Trump on his election victory, calling for dialogue and respect for sovereignty. She expressed confidence in strong U.S.-Mexico relations and reassured the public despite market instability.
Germany’s coalition government collapsed over budget disputes, sparking political turmoil. Opposition leader Friedrich Merz urges an immediate confidence vote, while Chancellor Scholz plans a vote in January, leading to elections by March.
Elon Musk stands to gain from his ties to President-elect Trump, with Tesla shares surging post-election. Trump's policies, including deregulation and tariffs on Chinese imports, could benefit Musk’s businesses, including Tesla and SpaceX.
Trump's Republicans are set to gain control of Congress, pushing an agenda of tax cuts, border security, and deregulation. However, their plan could add trillions to the national debt, challenging their goal of reducing the $35 trillion deficit.
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