Author: News Desk

Tokyo, Japan: In October, Japan recorded its 15th consecutive month of a trade imbalance as both imports and exports reached all-time highs in response to rising energy and food prices along with a falling yen. According to the Finance Ministry, the deficit for the month of October was $15 billion, the highest after similar data collection began in 1979. The significant gap occurred despite exports growing well last month, rising 25.3 percent to $64 billion over the same month the previous year. Vehicles, medical supplies, and electrical apparatus were among the export-boosting goods. Compared to the last year, imports increased…

Melbourne, Australia: Isaac Humphries, a professional basketball player from Australia, has come out as gay, making him the only openly gay player in a top-tier basketball league. Humphries hopes other professional athletes will gain courage from his decision. Humphries, who represented Kentucky from 2015 to 2017, is one of the few men to come out in public as gay while competing in one of the best basketball leagues in the world. NBA veteran Jason Collins was the first in 2013. Humphries admitted to his colleagues that he had gone through “extremely dark times” and kept his sexuality a secret from…

Israel: A significant new study has found that the global sperm count of men is declining quickly after having decreased by half over the previous 40 years. The report has urged intervention to halt the loss. Israeli epidemiologist Mr. Hagai Levine’s study, which was published in 2017, updates earlier research that had drawn criticism for only considering regions of North America, Europe, Australia, and New Zealand. The new study is the largest meta-analysis on the topic, containing information from more than 57,000 males gathered from 223 studies in 53 nations. The study corroborated the 2017 result that sperm counts have…

Melbourne, Australia: The British food delivery app Deliveroo is quitting the Australian market declaring that the company has decided to stop its operations and the unit is given to voluntary administration. In the email to customers, the company said that it has taken a “sad announcement” to end its operations in Australia and has appointed Korda Mentha, an Asia-Pacific advisory and investment firm, as administrators. Deliveroo, like all other companies, is now doing business in challenging economic conditions, which requires us to take difficult decisions. We always aim to deliver the best possible service for our consumers wherever we operate,…

US: The 2020 women’s all-around gymnastics champion Sunisa Lee recently revealed that she will return to training at the elite level following the end of her sophomore season at Auburn next spring. The 19-year-old Lee hasn’t participated in an elite international gymnastics competition Since the Tokyo Games. She competed for Auburn in the NCAA last winter and spring, which has a different scoring structure than the Olympics and typically calls for different routines. I don’t want it to just be once in a lifetime. I have my sights set on Paris in 2024, and I know what I have to…

Taipei, Taiwan: Taiwanese President Ms. Tsai Ing-wen has denounced “rumors” regarding the risks of investing in the island’s important semiconductor sector. The President stated that the government is making every effort to guarantee such investments continued. Taiwan, being home to the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC), plays a key role in supplying the chips used in everything from automobiles and smartphones to fighter jets. However, the chip industry is reconsidering the dangers of investing in Taiwan as a result of Beijing’s claims of sovereignty being asserted on the island by the Chinese military. According to comments…

Washington, DC, US: Ground crews at Kennedy Space Center have fueled the main fuel tanks of NASA’s towering next-generation moon rocket in preparation for its maiden flight, which will launch the Artemis program of the American space agency 50 years after the last Apollo lunar mission. A recent valve leak led engineers to momentarily halt the flow of liquid hydrogen into the core stage, but a team rushed to the launch site and quickly fixed the issue. Later, the space agency revealed that a malfunctioning ethernet switch was the cause of issues with radar tracking the rocket’s flight path. A…

Palm Beach, Florida, US: Mr. Donald Trump, the former US President, has officially announced that he will run for Presidency in 2024, making it his third run for office. In a speech delivered recently from his Mar-a-Lago resort in Palm Beach, Florida, Mr. Trump stated that, “we are a nation in decline” and “America’s comeback starts right now.” The former US President has been hinting at this decision for months. It comes at a time when the troubled real estate mogul is facing several criminal and civil investigations. Mr. Trump’s party is dealing with a worse-than-expected performance in the midterm…

New York, US: Luxury cosmetics firm Estee Lauder will buy designer fashion house Tom Ford in a deal worth $2.8 billion. The deal is going to be Estee Lauder’s biggest acquisition to date. The company declared that the acquisition would unlock new opportunities. The driving force for the takeover was the strength of Tom Ford’s beauty business, which covers fragrance, cosmetics, and skin care and for which Estée Lauder has a long-standing licensing deal.  Mr. Tom Ford stated that Estee Lauder is the ideal home for his brand. “I could not be happier with this acquisition”, Mr. Tom Ford added…

New York, US: The United Nations (UN) reports that the world has reached 8 billion people on the planet just 11 years after surpassing the seven billion mark. Population growth is already going down after a significant uptick in the middle of the 20th century. According to World Population Prospects 2022, India will overtake China as the world’s most populated nation in 2023. The global organisation acknowledges that it is difficult to estimate the world’s population accurately and that its estimates may be off by one or two years. In line with the United Nations’ most recent report, the world’s…