Trump slams Fed over interest rates, says US should borrow at ‘1% or better’
U.S. President Donald Trump on Monday sharply criticised the Federal Reserve, claiming America should be paying ultra-low interest rates similar to Ja...
Start your day informed with AnewZ Morning Briefing: here are the top news stories for January 13th, covering the latest developments you need to know.
1. Death toll from Los Angeles wildfires rises to 24.
The death toll from the devastating wildfires in California climbed to 24 as of Sunday. The Los Angeles County Coroner's Office confirmed they are examining at least 24 fatalities connected to two large wildfires that have been burning in Southern California since last Tuesday.
2. Croatia's incumbent president secures landslide victory in runoff.
Croatia's current President, Zoran Milanovic, achieved a clear victory in Sunday’s runoff elections, according to public broadcaster HRT, citing figures from the State Election Commission.
Backed by the Social Democratic Party (SDP) and its allies, Milanovic received over 74.68% of the votes, while his opponent, Dragan Primorac of the ruling Croatian Democratic Union (HDZ), garnered 25.32%, with almost all ballots tallied.
3. At least 10 dead in Brazil landslides.
Torrential rains in southeast Brazil have triggered landslides, resulting in at least 10 fatalities, according to rescue services in Minas Gerais state, as reported by AFP. In Ipatinga, nine people lost their lives after 80 millimeters (3.1 inches) of rain fell within an hour on Saturday night, the mayor's office stated.
Among the victims, firefighters recovered the body of an eight-year-old boy from the debris of a house that had been destroyed by a landslide.
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.
The International Monetary Fund (IMF) on Monday approved the disbursement of an additional $500 million to Ukraine, following the completion of its eighth review under the country’s $15.5 billion Extended Fund Facility.
U.S. President Donald Trump on Monday publicly criticized AT&T for technical issues that disrupted a national conference call with faith leaders, urging the company’s leadership to address the situation and suggesting his administration may turn to a different carrier in future communications.
France, Spain, Kenya, and several other nations announced on Monday a joint pledge to tax premium-class airline passengers and private jet users, in a move aimed at raising billions of dollars for climate action and sustainable development.
Special envoys from Pakistan, China and Russia held an informal meeting in the Qatari capital on Monday to discuss regional cooperation on Afghanistan, Pakistani envoy Mohammad Sadiq confirmed in a post on X.
Türkiye’s leading drone manufacturer Baykar has completed its acquisition of historic Italian aviation firm Piaggio Aerospace, paving the way for a European production base for its unmanned aerial vehicles and civil jets.
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