Federal Reserve cuts interest rates, trims workforce
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth...
Start your day informed with AnewZ Morning Briefing: here are the top news stories for January 14th, covering the latest developments you need to know.
Start your day informed with AnewZ Morning Briefing: here are the top news stories for January 14th, covering the latest developments you need to know.
1.Trial of South Korea's impeached President Yoon set to begin.
The trial of impeached President Yoon Suk Yeol was set to start on Tuesday with oral arguments over his short-lived bid to impose martial law which threw the country into the worst political chaos in decades.
However, the Constitutional Court session is likely to be cut short as Yoon, who has been holed up in his hillside villa in Seoul for weeks, is not expected to attend. The next trial session is scheduled for Thursday.
2. Trump says he will meet 'very quickly' with Putin.
U.S. President-elect Donald Trump said on Monday he is going to meet Russian President Vladimir Putin "very quickly" after he takes office next week.
He did not provide a timeline for the meeting, which would be the first between the leaders of the two countries since Russia's war with Ukraine started in February 2022.
3. Death toll from Los Angeles wildfires rises to 24.
The death toll rose to 24 on Sunday in the wake of the devastating wildfires ravaging the US state of California.
The Los Angeles County Coroner's Office said they are investigating at least two dozen deaths related to two massive wildfires that have been raging in Southern California since last Tuesday.
4. US lawmakers urge Biden to extend TikTok January 19 ban deadline.
Two Democratic lawmakers on Monday urged Congress and President Joe Biden to extend a Jan. 19 deadline for China-based ByteDance to sell the U.S. assets of TikTok or face a U.S. ban.
The Supreme Court held arguments Friday on Tiktok and ByteDance's challenge to the law. A lawyer for the companies, Noel Francisco, said it would be impossible to complete a sale by next week's deadline.
He said if banned, the the short video app used by 170 million Americans would quickly go dark and "essentially the platform shuts down."
5. Earthquake shakes Tibetan monasteries, casualties among clergy unknown.
At least two Tibetan Buddhism monastic centres were severely damaged in Tibet with an unknown number of monks and nuns hurt, according to the few state media reports on the damage to religious sites since last week's powerful earthquake.
The magnitude 6.8 quake reduced to rubble roofs and walls at a monastery and a nunnery about 15 km (nine miles) east of the epicentre in Tingri county, China Tibet Online reported on Sunday.
6. Georgia celebrates National Flag Day.
Georgia celebrates National Flag Day on January 14. The current flag of Georgia was approved by the parliamentary majority as the National Flag of Georgia on January 14, 2004.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Chinese President Xi Jinping and U.S. President Donald Trump are expected to attend the Asia-Pacific Economic Cooperation (APEC) summit next month in South Korea.
Saudi Arabia and Pakistan have formalised a mutual defence agreement, reinforcing a decades-long security partnership, Pakistani state television reported on Wednesday.
Polish Prime Minister Donald Tusk said on Wednesday that Russia bears responsibility for damage to a house in the village of Wyryki in eastern Poland. This statement comes amid media reports suggesting that the incident may have been caused by a stray Polish missile rather than a Russian drone.
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth and persistently high inflation.
The European Commission has proposed sanctions against several Israeli Cabinet ministers and violent settlers, alongside a partial suspension of Israel’s trade privileges with the bloc.
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