Trump Economic Plans Could Trigger Global Market Meltdown IMF Warns
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Trump Economic Plans Could Trigger Global Market Meltdown IMF Warns

The International Monetary Fund has issued a warning about potential global economic impacts from upcoming US policies under President-elect Donald Trump. According to the IMF, proposed tariffs could escalate trade tensions, reduce investment, affect market pricing, and disrupt established supply chains. While acknowledging that tariffs, tax cuts, and deregulation might boost US economic performance initially, the organization cautions this could lead to an inflationary boom followed by a downturn, potentially weakening the reliability of US Treasury bonds as a safe investment. The IMF projects global growth at 3.3% for both 2025 and 2026, below the historical average of 3.7%. The 2025 forecast remains largely stable from previous predictions, with higher anticipated US growth offsetting lower growth expectations in other major economies. For the UK, the IMF projects 1.6% economic growth in 2025, slightly up from its October prediction of 1.5%, […]

Putin Signs Historic Military Deal With Iran Ahead Of Trump Presidency
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Putin Signs Historic Military Deal With Iran Ahead Of Trump Presidency

A new cooperation pact has been signed between Iranian President Masoud Pezeshkian and Russian President Vladimir Putin, strengthening ties between two nations heavily impacted by international sanctions. The "comprehensive strategic partnership treaty" encompasses multiple domains including trade, military cooperation, science, culture, and education, according to officials from both countries. During a joint press conference in Moscow on Friday, Putin characterized the agreement as a "real breakthrough" that would foster stable development for Russia, Iran, and the broader region. The Kremlin indicated the treaty would enhance "military-political and trade-economic" relations, though specific details remain private. Both leaders emphasized expanded cooperation across various sectors including politics, security, trade, transport, and energy. Pezeshkian highlighted this as a new chapter in bilateral relations, particularly regarding trade. The two nations have increased their economic engagement in response to Western sanctions. Iran has supplied Russia with […]

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Russian Court Sentences Navalny’s Legal Team to Prison Terms

A Russian court has sentenced three lawyers who represented the deceased opposition leader Alexei Navalny to prison terms ranging from 3.5 to 5.5 years in a penal colony. The verdict was delivered Friday in the Vladimir region, east of Moscow. Igor Sergunin, Alexei Liptser, and Vadim Kobzev, arrested in October 2023, received sentences of 3.5, 5, and 5.5 years respectively. The trial was conducted behind closed doors. In November 2023, the lawyers were added to Russia's official list of "terrorists and extremists." Yulia Navalnaya, widow of Alexei Navalny, responded to the verdicts on X, stating that the three men are "political prisoners and must be released immediately." OVD-Info, a rights organization, expressed concern that prosecuting defense lawyers could undermine the remaining elements of Russia's legal system. The group stated that Navalny's lawyers were prosecuted because "the letter of the law […]

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British Prime Minister Makes First Ukraine Visit, Signs Partnership Agreement

Prime Minister Sir Keir Starmer conducted his first official visit to Kyiv on Thursday, where he participated in a memorial ceremony with Ukrainian President Volodymyr Zelensky and signed a bilateral partnership agreement. The leaders laid wreaths at a memorial wall at St. Michael's Golden-Domed Monastery, honoring those who died in the ongoing conflict. The wall, featuring photographs of the deceased, serves as a memorial site for families. During the visit, Starmer toured several locations, including a burns hospital supported by the British Red Cross, where he met with injured civilians. He also viewed an apartment building damaged in a New Year's Day drone strike that resulted in two casualties. The primary purpose of the visit was to establish what Downing Street termed a "landmark 100-year partnership" with Ukraine. This agreement formalizes existing economic and military commitments, building upon the UK's […]

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Hope Emerges as Gaza Ceasefire Agreement Nears Completion

Palestinians and Israelis voiced cautious hope regarding reports of an imminent ceasefire agreement in Gaza and the potential release of remaining hostages after over a year of conflict. In Gaza City, 17-year-old Sanabel expressed both optimism and anxiety. Speaking from her partially damaged home, she described plans to reunite with displaced friends while noting her fears about continued bombing in her area. "I don't want a temporary ceasefire - I want peace for the rest of our lives," she stated. Asmaa Tayeh, sheltering in western Gaza City's al-Nasr neighborhood, described the widespread anticipation among residents. Originally from Jabalia refugee camp, her family has faced multiple evacuations during the conflict. On the Israeli side, Sharon Lifshitz, whose 84-year-old father remains in captivity, shared mixed emotions about the potential deal. "Each hostage is a whole world," she noted, acknowledging that some families […]

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1000 Officers Scale Walls to Arrest South Korean President in Dawn Raid!

South Korea's sitting president Yoon Suk Yeol was arrested Wednesday after investigators scaled walls and cut through barbed wire at his residence, marking the first such arrest of a president in the nation's history. The arrest followed a failed attempt on January 3rd when investigators were blocked by presidential security. This time, approximately 1,000 officers arrived before dawn, equipped with ladders and bolt cutters to overcome barricades including buses at the entrance. Yoon, 64, faces insurrection charges related to a December 3rd martial law order. While he claimed the order protected against "anti-state" forces, it came amid his political struggles following the opposition's victory in last April's election. Before his arrest, Yoon released a three-minute video stating he would cooperate with investigators despite believing the warrant was illegal. His lawyers contest the Corruption Investigation Office's jurisdiction over insurrection charges and […]

TikTok Debunks Claims of Potential Sale To Elon Musk
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TikTok Debunks Claims of Potential Sale To Elon Musk

Reports claiming Chinese officials are considering allowing Elon Musk to purchase TikTok to prevent its ban in the United States have been dismissed as "pure fiction" by the platform. Bloomberg News and The Wall Street Journal reported Tuesday that Chinese officials have discussed permitting the sale to Musk, the CEO of Tesla and SpaceX, as an alternative to the impending US ban. The ban is set to take effect Sunday unless ByteDance, TikTok's China-based owner, divests its US operations. According to Bloomberg, while Beijing would "strongly prefer" ByteDance to maintain control of TikTok, senior Chinese officials have begun exploring "contingency plans." The Wall Street Journal noted that these plans have not been communicated to ByteDance, citing unnamed sources familiar with the discussions. One scenario under consideration, Bloomberg reported, involves integrating TikTok into X, Musk's social media platform. The report, citing […]

Trump Victory Sparks New Hope For Gaza Peace Deal
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Trump Victory Sparks New Hope For Gaza Peace Deal

A Gaza ceasefire and hostage release agreement, initially proposed in May, is gaining renewed attention in Doha talks between Israel and Hamas. Several key developments have altered the landscape for negotiations. Donald Trump's election as the next U.S. president has emerged as a significant factor. His warning about serious consequences if hostages aren't freed before his January 20 inauguration may influence Hamas's calculations, considering the possibility of reduced restraints on Israeli actions. Israel also faces pressure from Trump to resolve the conflict, as it could affect his broader regional objectives and desired legacy as a peacemaker. Netanyahu's position is complex, balanced between Trump's influence and his far-right coalition partners' war stance. While Finance Minister Bezalel Smotrich has publicly opposed the deal as "a catastrophe," some analysts suggest that both he and National Security Minister Itamar Ben-Gvir may remain in government […]

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Military Airstrike in Nigeria Results in 16 Civilian Casualties

A Nigerian military air operation in Zamfara State's Zurmi and Maradun areas has resulted in the deaths of at least 16 civilians. Local sources indicate the victims were members of vigilante groups and civilians who had been defending their communities against armed criminal groups. The Nigerian Air Force (NAF) confirmed conducting the operation, stating it had successfully targeted criminal gangs in the region. Following reports of civilian casualties, the NAF announced an ongoing, comprehensive investigation into the incident, pledging to communicate findings to the public. According to the AFP news agency, resident Sa'idu Ibrahim reported that the civilians were struck while returning to their villages after confronting bandits. The incident resulted in 16 confirmed deaths, with several others sustaining severe injuries requiring hospitalization. Amnesty International Nigeria reported a higher death toll of 20 and criticized the military's approach, stating that […]

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Trump’s Shadow Looms Over Greenland’s Quest for Freedom

The debate over Greenland's future has intensified following Donald Trump's recent statements about acquiring the island. From the ice-covered fjords of Nuuk to remote settlements, Greenlanders are responding to these developments while navigating their path toward potential independence. In Kapisillit, a settlement of around 40 people, local perspectives reflect the broader sentiment. Church elder Kaaleeraq Ringsted, 73, maintains a firm stance while tending to his cod: "Greenland is not for sale." His connection to the land spans generations of fishing and hunting traditions. Donald Trump Jr.'s brief four-hour visit to Nuuk on the family's private jet garnered mixed reactions. Local businessman Jorgen Boassen welcomed the visit, viewing it as an opportunity for trade and cooperation. However, many locals remain skeptical of external interests in their homeland. The situation has amplified discussions about Greenland's independence from Denmark. Kuno Fencker, an MP […]

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