China is implementing measures to boost its economy in 2025, including increased ultra-long treasury bond funding, interest rate cuts, and financial aid programs for durable goods and business equipment upgrades.
The government aims for 5% growth for 2025, while accepting a budget deficit of 4% of GDP, despite challenges such as the property crisis and potential U.S. tariffs.
China's Vice Secretary of the National Development and Reform Commission, Yuan Da, expressed optimism about the country's economic recovery for this year.
Millions of government workers received wage increases averaging 500 yuan, approximately $70 per month from July 2024, injecting an estimated $12–20 billion into the economy.
These pay raises aim to stimulate spending, though some critics question their focus on civil servants, arguing that the move may damage private sector.
A fire at Hebei's Zhangjiakou vegetable market killed 8 and injured 15; authorities are investigating the cause.
China unveils 15 measures to boost its western provinces, focusing on aviation hubs, ports, and rail links to enhance integration and economic development in the region.
China discovers a new lunar crystal, Changesite-(Y), containing helium-3, a potential game-changer for clean nuclear fusion energy, intensifying the race to mine the moon.
BYD surpassed Tesla in fourth-quarter EV deliveries, with a 13.1% sales increase, while Tesla saw a 5% rise.
China steps up aviation safety measures after 2023's deadliest year in global aviation since 2018, urging airlines and airports to address hidden risks and prevent future disasters.
Austria's Chancellor Karl Nehammer resigns after coalition talks fail, leaving the far-right FPÖ poised for power as political uncertainty grips the nation.
Russian airports in Kazan, Nizhnekamsk, Izhevsk, and Perm resumed operations after a temporary halt for safety reasons, Rosaviatsia confirmed.
Ukraine’s air force successfully intercepted a significant portion of drones launched by Russia in a major overnight attack, while President Zelenskyy stresses the critical need for enhanced air defense systems as an international defense meeting approaches.
Guatemala has sent 75 more soldiers to Haiti on Saturday to assist in combating gangs that have been on a rise in the country. This is the second contingent of security forces from Guatemala.
AZAL has released the crew list for flight J2-8243, which crashed in Aktau today.
Farid Huseynov, Head of the AZAL Press Department, has confirmed that a total of 67 people were on board the plane involved in the recent incident, including 62 passengers and 5 crew members.
China unveils 15 measures to boost its western provinces, focusing on aviation hubs, ports, and rail links to enhance integration and economic development in the region.
The U.S. DOJ urges the Supreme Court to reject Trump’s request to delay TikTok’s potential ban or forced sale by Jan. 19, citing national security concerns and data privacy issues.
Microsoft plans to invest nearly $100B in AI-enabled data centres by FY 2025, aiming to drive global innovation and maintain U.S. leadership in AI technology.
BYD surpassed Tesla in fourth-quarter EV deliveries, with a 13.1% sales increase, while Tesla saw a 5% rise.
Tesla's 2024 deliveries dropped 1.1%, missing estimates. Aging models, competition, and high costs weigh on sales, despite China growth and Cybertruck's debut. Shares fell 6%.
Austria's Chancellor Karl Nehammer resigns after coalition talks fail, leaving the far-right FPÖ poised for power as political uncertainty grips the nation.
Russian airports in Kazan, Nizhnekamsk, Izhevsk, and Perm resumed operations after a temporary halt for safety reasons, Rosaviatsia confirmed.
Ukraine’s air force successfully intercepted a significant portion of drones launched by Russia in a major overnight attack, while President Zelenskyy stresses the critical need for enhanced air defense systems as an international defense meeting approaches.
Guatemala has sent 75 more soldiers to Haiti on Saturday to assist in combating gangs that have been on a rise in the country. This is the second contingent of security forces from Guatemala.
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