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Moscow: President Vladimir Putin has declared that Russia may revise its nuclear doctrine, potentially broadening the conditions under which it would deploy its nuclear armoury. Putin implied that Moscow could consider an attack by a non-nuclear state, if backed by a nuclear-armed nation, as a joint attack, a veiled warning aimed at Ukraine and its Western allies. This development comes as Ukraine continues to seek permission to use long-range Western missiles to strike military targets within Russian territory. The Kremlin leader’s comments appear to escalate the ongoing fight, which has seen Ukraine make advances into Russian-held areas this year while…
New York: Ukrainian President Volodymyr Zelenskyy has declared negotiations to make an end to the war, by focusing Ukraine-Russia peace, as addressed to the United Nations Security Council. Zelenskyy urged that Russia must be forced into peace following its numerous violations of international law. During meetings with officials from 14 member nations excluding Russia, Zelenskyy characterized Russian President Vladimir Putin’s actions as an international crime that would not stop without external pressure. Zelenskyy stated that, “This war can’t simply fade away. Russia can only be forced into peace.” This statement emphasises that Ukraine’s sovereignty could not be secured through mere…
United States: The U.S. Department of Justice (DOJ) has filed a major antitrust lawsuit against Visa, accusing the financial giant of competition to maintain a monopoly in the debit card market. The government claimed that Visa used exclusive contracts and other restrictive practices to block rivals and drive up costs for American consumers and businesses. According to the DOJ, Visa punished companies that tried to use alternative payment networks and paid off potential competitors to maintain its dominance. These tactics, the DOJ alleges, have slowed innovation and contributed to $7 billion in annual fees that Visa collects from merchants and…
Beijing: People’s Bank of China (PBOC) has declared regulatory measures for stimulating lending and cutting borrowing costs in light of reignited growth in the world’s second-largest economy. The initiative progresses as China faces challenges, with recent data pointing to the possibility that the country could miss its 5% GDP growth target for the year. PBOC Governor Pan Gongsheng conveyed to cut the reserve requirement ratios (RRR) for banks, reducing the amount of cash banks are required to hold in reserve by half a percentage point. This adjustment is expected to free up around 1 trillion yuan (£106 billion) for new…
United States: Global IT outage has caused by CrowdStrike update leaves a lasting impact on various sectors. The disruption was triggered by a faulty software update from U.S. cybersecurity company CrowdStrike, affecting up to 8.5 million computers running Microsoft systems worldwide, causing widespread disruption. Healthcare chaos and delays in cancer treatment In the UK, the IT failure hit the National Health Service (NHS) difficulty, with many General Practitioners (GPs) unable to access the EMIS system, which manages patient records, appointments, and prescriptions. Dr. David Wrigley, a GP with over two decades of experience, explained that the disruption makes the situation…
Australia: Australia’s two largest supermarket chains, Coles and Woolworths, have been facing legal action by the Australian Competition and Consumer Commission (ACCC) for allegedly misleading consumers with false claims of permanently lowered prices. The ACCC has charged the grocery giants of raising prices temporarily, only to reduce them to a level that was either equivalent to or higher than the original price. Both supermarkets, which captured two-thirds of the Australian grocery market, have denied wrongdoing. Coles has affirmed to defend itself against the claims, while Woolworths has said it will review the statements. The controversy is rooted in the companies’…
New York: Indian Prime Minister Narendra Modi has met with top US tech companies, motivating them to consider India as an important destination for manufacturing and innovation. The meeting followed Modi’s attendance at the Quad summit with leaders from the US, Australia, and Japan. Modi seeks out opportunities for co-development, co-design, and co-production in India as a substitute to China for global firms diversifying their supply chains. The meeting incorporates CEOs from major corporations such as Google, Adobe, IBM, and NVIDIA, showcasing India’s potential in technology and innovation. The roundtable discussion empowers the transformative power of technology on the global…
United States: Former President Donald Trump has declared that he will not expect to run in the 2028 election again if he marks the failure. Trump responded to the media question whether he could foresee another presidential attempt should he lose to Democratic Vice-President Kamala Harris in November. Trump responded that, “No, I don’t. I think… that will be it.” However, he added optimistically, “Hopefully, we’re going to be very successful.” Trump’s remarks mark a rare acceptance of the possibility of losing, as he has previously focused on inspiring his supporters with pledges of victory. This is the second time…
Alabama: A tragic mass shooting unfolded late last night in the bustling Five Points South district, taking the lives of four people and leaving dozens injured. Birmingham police officer Truman Fitzgerald found out that “multiple shooters fired multiple shots at a group of people” in the popular nightlife area. Police arrived at the sight of Magnolia Avenue, where they discovered the bodies of two men and one woman. A fourth victim later surrendered to their injuries at a local hospital. Authorities are looking into whether the shooters approached the crowd on foot or from a vehicle. As of now, no…
Israel: Israel Defense Forces (IDF) has reported that more than 100 rockets were launched across the border overnight. Northern Israel woke up with Siren with 85 rockets fired later in the morning and unverified footage has shown a fire in a residential area near Haifa, intensifying concerns. In response to the attack, Israel’s air force has been conducting airstrikes in southern Lebanon. The IDF has verified the destruction of about 180 places and thousands of rocket launcher barrels targeting Hezbollah positions. This proceeding follows reports of Hezbollah preparing to fire toward Israeli territory. IDF spokesman Rear Adm Daniel Hagari emphasised…