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South Korean investigators once again insist on the arrest of former President Yoon

South Korean investigators once again insist on the arrest of former President Yoon

South Korean authorities investigating ousted President Yoon Suk Yeol attempted to enter his residence on Wednesday morning. in a new attempt to arrest him on charges of insurrection related to his declaration of martial law on December 3. Video footage showed hundreds of police officers marching along the road leading to his hillside villawhere he ...

Falling inflation in India and falling rupee complicate rate outlook

Falling inflation in India and falling rupee complicate rate outlook

India’s inflation eased last month, while the rupee plummeted to a new record low, giving the central bank reason to remain cautious even as most analysts predict interest rate cuts starting in February. The consumer price index rose 5.22% in December from a year earlier, data from the Ministry of Statistics showed on Mondayremaining well ...

Gaza hostage deal possible before Biden's term ends

Gaza hostage deal possible before Biden’s term ends

The signal comes at a time when Trump has escalated threats against Hamas, a group designated as terrorist by the United States, to accept a hostage deal before his January 20 inauguration or face the consequences. “We are hopeful that an agreement will be reached towards the end of the Biden administration, maybe in the ...

Hollywood celebrities empty their closets to help fire victims

Hollywood celebrities empty their closets to help fire victims

When fires swept through part of Los Angeles this week, Real estate agent Jenna Cooper began asking her friends for clothes and other items to help those in need. Her petition spread quickly through a network of powerful women. actresses like Sharon Stone and Halle Berry responded, providing sweaters, shoes, clothing, bags, belts, pajamas and ...

CEOs of OpenAI, Meta and Uber plan to attend Trump's inauguration

CEOs of OpenAI, Meta and Uber plan to attend Trump’s inauguration

Several prominent tech leaders plan to attend Donald Trump’s inauguration this month, the latest sign that the industry is trying to strengthen its relationship with the president-elect before his return to the White House. OpenAI CEO Sam Altman plans to attend swearing-in ceremony on Jan. 20, a company spokesperson said. Meta Platforms Inc. CEO Mark ...

Biden administration imposes toughest sanctions against Russian oil

Biden administration imposes toughest sanctions against Russian oil

The Biden administration on Friday imposed its most extensive sanctions package to date, targeting Russia’s oil and gas revenues, in an attempt to give kyiv and the incoming Donald Trump administration leverage to reach a peace deal in Ukraine. The measure aims to cut Russia’s oil revenues due to the war that began in February ...

Wall Street Economists Reduce Fed Rate Cut Expectations

Wall Street Economists Reduce Fed Rate Cut Expectations

Economists at Bank of America, Citigroup and Goldman Sachs Group lowered their forecasts for additional interest rate cuts from the Federal Reserve in response to stronger-than-expected US December employment data released on Friday. Bank of America, which previously expected two quarter-point reductions this year, no longer expects any, and said there is a risk that ...

Oil rises to $80 as US increases sanctions against Russian oil

Oil rises to $80 as US increases sanctions against Russian oil

Oil surpassed US$80 per barrel as the United States increased sanctions in an attempt to hinder crude oil flows from Russia. Brent futures rose as much as 5% to their highest level since early October, while West Texas Intermediate rose to around $77. The sweeping sanctions target two companies that handle more than a quarter ...

Binational trade from Colombia to Venezuela moves US$1,000 million

Binational trade from Colombia to Venezuela moves US$1,000 million

Despite the political tensions that have marked the relationship between Colombia and Venezuela, binational trade continues to be a key piece in the economies of both countries. With more than 2,000 kilometers of shared border and several land connections, Colombian exports to Venezuela have remained an economic pillar in recent decades. The year 2024, which ...