Two rockets hit Kirkuk Air Base and nearby home, no casualties reported
Two rockets struck the Kirkuk Air Base and a nearby residential neighbourhood on Monday night, Iraqi security officials said....
International tech innovators arrived in Las Vegas, to represent and try out the latest gadgets and innovations ahead of CES 2025.
The CES trade show, one of the largest gatherings in the U.S., showcases the latest innovations in AI, VR, and health tech from January 7-10.
It takes place just before President-elect Donald Trump’s inauguration, raising concerns over proposed tariffs on imports from countries like Canada, Mexico, and China, which could increase costs for businesses and consumers.
Gary Shapiro, CEO of the Consumer Technology Association, expressed worries that these tariffs would stifle innovation and harm American companies and markets. This year's highlights include a keynote speech from Nvidia CEO Jensen Huang, with AI as a focal point.
Tariffs are expected to dominate discussions, with companies considering shifting production to the U.S. to avoid disruptions. For instance, Honda has indicated it may need to reevaluate its Mexican production if permanent tariffs are imposed. As many new cars sold in the U.S. are made abroad, industry experts warn that automakers could face significant profit losses.
Additionally, Trump plans to roll back policies promoting electric vehicles, leaving automakers like Honda and Toyota to focus on advancements in self-driving and AI technology.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
A malfunction in the radar transmission system at the Area Control Center in Milan suspended more than 300 flights at the weekend, across northwest Italy since Saturday evening according to Italy's air traffic controller Enav (National Agency for Flight Assistance).
Thousands of protesters rallied in Bangkok on Saturday, demanding Prime Minister Paetongtarn Shinawatra resign as political and economic tensions mount.
Gold prices edged higher on Monday after slipping to their lowest level in more than a month, supported by a weakening U.S. dollar and easing geopolitical tensions that have tempered safe-haven demand.
The French Riviera town of Cannes will restrict large cruise ships from docking starting from January 2026, as part of new efforts to manage over tourism and protect local infrastructure.
Polish refiner Orlen will not buy Russian oil for its Czech refinery after 30 June, Chief Executive Ireneusz Fafara said on Monday. "We freed Central Europe from Russian oil today," Fafara stated.
Starting today, British car and aerospace manufacturers will benefit from significant tariff reductions when exporting to the United States, thanks to the implementation of a landmark UK-US trade agreement. This move is expected to safeguard thousands of jobs in the United Kingdom.
Oil prices fell on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August improved supply expectations amid persistent uncertainty over the outlook for global demand.
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