Author: News Desk

Berlin, Germany: The largest industrial union in Germany has reached a pay deal with employers recently. Millions of workers will get raises totaling 8.5 percent over the next two years and one-time payments to help them deal with sky-high inflation. The IG Metall union and businesses achieved an agreement in Baden-Wuerttemberg, a crucial industrial region in southern Germany. Pay agreements are frequently negotiated between employers’ organizations and unions representing an entire industry, and a settlement agreed in one region is typically applied across the country. With a workforce of more than 3.8 million people, IG Metall represents workers in various…

Washington, US: Ms. Nancy Pelosi, who has served as the leader of Democrats in the US House of Representatives for over 20 years, has announced her resignation. Ms. Pelosi is the most influential Democrat in Congress and the first woman to serve as speaker of the House. The senior politician will continue representing California district in the lower chamber of Congress. Mr. Kevin McCarthy, a Republican, who has won the party’s nomination to be speaker in the new Congress, is likely to succeed Ms. Pelosi. I will not seek re-election to Democratic leadership in the next Congress. The hour has…

California, US: Microblogging site, Twitter has informed its staff that the company’s office buildings will be temporarily closed immediately. The employees had received a message that the offices will reopen on November 21st. The reason for the move is unknown. The statement comes as there are rumors that several employees are leaving after the new owner, Mr. Elon Musk, asks them to commit to “long hours at high intensity” or quit. The message to the employers states that, “Please comply with company policy by refraining from discussing confidential company information on social media, with the press, or elsewhere.” Mr. Musk…

Doha, Qatar: The former English professional footballer Mr. David Beckham is now taking more criticism for his role as an ambassador for Qatar after his declaration that the World Cup would serve as a platform for development, diversity, and tolerance. Mr. Beckham, who is reported to be receiving $178 million from the Qataris, offered his upbeat assessment in a video message played to guests at the Supreme Committee’s “Generation Amazing” youth festival in Doha, where he also told those gathered that “today is your day to dream”. In the run-up to this World Cup, concerns over workers’ and LGBTQ+ rights…

United States: The public sale for the American singer, Taylor Swift’s US tour was postponed by ticketing company Ticketmaster due to extraordinarily high demands on ticketing systems and limited remaining ticket inventory. Swift’s first tour in five years, the Eras Tour, was scheduled to go on sale to the general public on November 18th. But Ticketmaster tweeted that due to “extraordinarily high demands on ticketing systems and insufficient remaining ticket inventory to meet that demand”, the sale has been cancelled. The decision has been made after the presale for the tour caused the website to crash, leaving many fans angry…

Ukraine: Australian mining tycoon Mr. Andrew Forrest has pledged $744 million toward a multibillion-dollar fund to aid with Ukraine’s rebuilding. Through the Tattarang Group, Mr. Andrew and Ms. Nicola Forrest will contribute to a minimum $25 billion Ukraine Green Growth Initiative. Tattarang anticipates that the fund will increase to at least $100 billion with assistance from other international investors, with the money going into essential infrastructure projects like energy and communications. The group noted in a release that, the goal was to “achieve the rapid reconstruction of Ukraine post-hostilities.” Ukrainian President Volodymyr Zelensky shared that, the investment would aid in…

NASA, Washington D.C: The most interesting picture ever taken by NASA’s James Webb Space Telescope depicts the cosmic commotion brought on by a very young star. A dark, hourglass-shaped cloud of gas and dust surrounds the protostar that the image is centered on, hiding it from view in its neck. A protoplanetary disc, or black band running along the middle of the neck, is a collection of dense gas and dust roughly the size of our solar system and may one day give rise to a planet. A news release stated that the protostar’s light extends over and below this…

New Zealand: The number of smokers in New Zealand has decreased to a record low as the nation advances with ambitious intentions to eradicate smoking in a generation. Recent data revealed that the percentage of daily smokers has decreased to 8 percent, the lowest level ever recorded and a decrease from 9.4 percent in 2017. Dr. Ayesha Verrall, Associate Minister of Health, remarked that, the “government’s plan to reduce smoking is working.” The number of people smoking fell by 56,000 over the past year, despite the pressures and stress of the pandemic, and smoking rates are now half of what…

Hong Kong, China: The British government has ordered a Chinese-owned business to reverse its acquisition of the country’s largest chipmaker, citing national security concerns. The UK Secretary of State for Business, Energy, and Industrial Strategy, Mr. Grant Shapps, instructed Nexperia, a Dutch affiliate of Shanghai-listed semiconductor manufacturer Wingtech, to sell “at least 86 percent” of its ownership in Newport Wafer Fab more than a year after taking complete control of the site. In a statement, Mr. Shapps expressed his concern that the corporation would begin developing more sophisticated so-called “compound” semiconductors at the Newport location and about “the potential for…

Washington, US: Republicans have won the 218 members required for a majority in the lower house of Congress a week after the midterm elections. The party’s razor-thin majority in the House of Representatives is sufficient to block President Joe Biden’s agenda for the following two years. However, Democrats will continue to have dominance over the Senate when the new Congress meets in January. The Associated Press reported that the Republican party obtained the 218 seats necessary to take control of the parliament more than a week after election day even though several seats were still uncalled. Republicans had to gain…