China extends anti-dumping duties on stainless steel imports
China's Ministry of Commerce announced Monday it will extend anti-dumping duties on specific stainless steel imports from the European Union, United K...
Wildfires in Southern California have claimed 27 lives since January 7, leaving thousands of homes destroyed and causing widespread devastation. The Eaton Fire is now the deadliest in the region’s history, with recovery efforts underway.
The devastating wildfires that have been raging across Southern California since January 7 have claimed at least 27 lives, according to a report released Thursday by the Los Angeles County Medical Examiner’s Office. The Palisades Fire is responsible for 10 deaths, while the Eaton Fire has been linked to 17 fatalities.
The wildfires have caused widespread destruction, leaving thousands of homes and structures in ruins. With the Eaton Fire now considered the deadliest and most destructive wildfire in Southern California's history, the Palisades Fire ranks as the second most severe. The damage has been particularly devastating in the Pacific Palisades area, where approximately 510 hectares have burned, stretching between Santa Monica and Malibu.
As smoke filled the skies, around 30,000 people were forced to evacuate their homes. The fires created severe traffic disruptions as people fled the area, with extreme winds further complicating the situation overnight. Officials have estimated that the economic losses from the fires could reach between $250 billion and $275 billion. While fewer than 100,000 people remain under evacuation orders, some areas are still impacted by the ongoing flames.
To aid in the recovery effort, a benefit concert called FireAid will be held on January 30. It would feature performances from major artists, including Los Angeles native Billie Eilish and her brother Finneas, along with Dave Matthews, John Mayer, and Sting. The concert aims to raise funds to support those affected by the catastrophic wildfires.
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.
Prices for goods made in China and sold on Amazon.com are rising at a pace faster than overall inflation, signaling the growing impact of U.S. tariffs on consumers, a new analysis by retail analytics firm DataWeave reveals.
U.S. Secretary of State Marco Rubio convened his counterparts from India, Japan, and Australia on Tuesday for a high-stakes meeting of the Indo-Pacific Quad, aiming to reaffirm the group's commitment to countering China’s influence in the region.
A U.S. federal judge on Tuesday rejected Huawei Technologies Co Ltd's request to dismiss the majority of charges in a sweeping indictment, allowing the Chinese telecoms giant to face trial over allegations of trade secret theft, bank fraud, and sanctions violations.
France is facing a severe heat wave forcing nearly 1,350 schools to shut fully or partially, nearly double from the previous day.
The U.S. Justice Department announced charges against two Chinese citizens accused of spying inside the U.S. on behalf of Beijing.
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