Norway’s $2 Trillion Wealth Fund Cuts Ties with Caterpillar Over Gaza Concerns Oslo – Norway’s $2 trillion sovereign wealth fund, the world’s largest, announced last week that it has divested from U.S. construction giant Caterpillar on ethical grounds. The decision comes amid concerns that the company’s equipment is being used by Israeli authorities in Gaza […]
Federal Judge Blocks Trump Administration’s Funding Cuts to Harvard Boston – A federal judge has struck down the Trump administration’s decision to cut federal funding to Harvard University, ruling the move violated the First Amendment. The administration had claimed the cuts were justified due to Harvard’s alleged failure to protect Jewish and Israeli students amid […]
Tragic Lisbon Funicular Accident Kills Several, Injures Others Lisbon – At least three people have died and five others were seriously injured in a devastating accident involving the city’s iconic Gloria funicular. Authorities have not released the identities or nationalities of the victims but confirmed that some foreign nationals were among the dead. “It’s a […]
Blood Moon to Stun Skies Over Asia in Rare Total Lunar Eclipse A dramatic celestial show is set to unfold this Sunday as the Sun, Earth, and Moon align, casting Earth’s shadow across its lunar companion and turning it a striking shade of red. The phenomenon, known as a total lunar eclipse, will be most […]
Justice Department Appeals Ruling Blocking Trump Tariff Powers Washington – The U.S. Justice Department has appealed a federal appeals court ruling that struck down President Donald Trump’s use of emergency powers to impose tariffs, a key element of his second-term agenda. The appeal challenges an August 29 decision that said Trump exceeded his authority under […]
Protests in Indonesia Escalate After Deadly Police Incident Jakarta – Widespread protests led by students, workers, and rights groups have erupted across Indonesia, the world’s third-largest democracy, following the death of a motorcycle taxi driver struck by a police vehicle last week. At least ten people have been killed during the unrest, which has included […]
Local media quoted emergency services as saying that at least three people died when the Gloria funicular, one of the capital’s best-known symbols, overturned. Portuguese President Marcelo Rebelo de Sousa said in a statement that several people had died and more were injured, without providing further details. Lisbon’s mayor called it an “unprecedented tragedy.” Images […]
India Slashes GST Rates to Boost Consumption, Simplify Tax Structure New Delhi – India has announced sweeping cuts in goods and services tax (GST) rates, aiming to make the system simpler and give a push to consumer demand. Finance Minister Nirmala Sitharaman, who chairs the GST panel comprising state finance ministers, said late Wednesday that […]
Egypt Scraps Decades-Old Rent Caps, Tenants Fear Displacement Cairo – For 84-year-old Ali, home has been the same eighth-floor apartment in Azbakeya for nearly half a century. Thanks to a decades-old rent cap, she pays less than 11 Egyptian pounds ($0.23) a month. But now, even that security is under threat. In July, Egypt’s parliament […]