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China struggles with deflation and looming trade battle

Deflation in China is becoming increasingly difficult to reverse. If the world's second-biggest economy's prices continue to decrease for a seventh straight quarter, they will tie the record deflationary stretch set during the late 1990s Asian financial crisis.

CEO shooting suspect Luigi Mangione hires top NYC attorney as donors raise over $90,000 for his 'defence fund'

A top New York City lawyer, Karen Friedman Agnifilo, has been hired to represent Luigi Mangione, who is accused of murdering UnitedHealthcare CEO Brian Thompson.

Georgia: Mass Protest Grips Tbilisi Over Far-Right Presidential Nominee

Mass protests erupted in Tbilisi, Georgia, as thousands of citizens rallied against the nomination of a far-right presidential candidate. The protests reflect growing concerns over the country's political direction, with demonstrators expressing their opposition to the nominee's controversial views.

Russia faces inflation, rising defence spending, and tight budgets

Russia faces a triple threat, rising inflation, soaring defence spending, and tightening household budgets. With inflation expected to reach 9 per cent this year and interest rates climbing to 21 per cent, many Russians are struggling to afford daily necessities.

Reeza Hendricks’ maiden T20I hundred seals first series win for South Africa in over two years

South Africa finally won a T20I series. For the first time since August 2022, the 2024 T20 World Cup runners-up prevailed in a bilateral T20I series, this time against Pakistan following their impressive win in the second game in Centurion on Friday (Dec 13).

Prince Andrew invited 'Chinese spy' to Buckingham Palace: Report

A Chinese businessman known as H6 and accused of spying was invited to Buckingham Palace along with other royal residences by the Duke of York Prince Andrew, according to a report by the British newspaper, The Times.

Rafael Nadal bids emotional farewell to tennis after Davis Cup 2024

Tennis great Rafael Nadal bid farewell to an illustrious career after Spain exited at the Davis Cup 2024 on November 19, 2024, in Malaga. Nadal, a 22-time Grand Slam winner dropped curtains on a career that spanned more than two decades having earlier announced his intention to retire at the end of the Davis Cup.

PM Narendra Modi Vs Rahul Gandhi: Lok Sabha Witnesses Fiery Debate On Constitution

The two leaders questioned each other’s commitment to the Constitution while presenting contrasting ideological visions for India.

Five dead, dozens missing in Greece as migrant boat sinks

Five migrants died early Saturday when a migrant boat sank off Crete, Greece's coastguard said, leaving 40 people reportedly missing while 39 survivors were rescued, all men.

Jay-Z hits back as accuser admits of inconsistencies in rape case, rapper's attorney seeks to dismiss lawsuit

Jay Z’s attorney is set to take action after the woman, who accused the rapper and Sean “Diddy” Combs of raping her, addressed some “inconsistencies” in the report that she filed against the crooners.

At least 18 killed in Israeli Gaza strikes: Palestinian medics

At least 18 Palestinians were killed in Israeli airstrikes in Gaza on Saturday, medics said, while the Israeli military said it targeted gunmen operating from shelters and aid storages.

Syria: Foreign Powers and Rebels Contend To Shape Syria's Future

The stunning fall of dictator Bashar al-Assad in Syria thrust several rebel groups and foreign powers into the spotlight as they vie for control and influence. Watch for more details!

US makes 'direct contact' with Syria's rebels; Turkey reopens embassy in Damascus after 12 years

US Secretary of State Antony Blinken, on Saturday (Dec 14) said the United States has made "direct contact" with Syria's victorious Hayat Tahrir al-Sham rebels despite designating the group as terrorists.

Gukesh's Former Coach Vishnu Prasanna Speaks To WION: "This Is Just The Beginning"

Vishnu Prasanna, the former coach of chess prodigy Gukesh, speaks to WION about his pupil's remarkable rise and the future ahead. He emphasizes that Gukesh’s success is just the beginning of an exciting journey in the world of chess, highlighting the young talent's potential to achieve even more.

What China's Persistent Deflation Means For The World

Deflation in China is becoming increasingly difficult to reverse. If the world's second-biggest economy's prices continue to decrease for a seventh straight quarter, they will tie the record deflationary stretch set during the late 1990s Asian financial crisis.

PF Can Be Withdrawn Directly From ATMs Starting in 2025: Secretary

According to India's Labour secretary Sumita Dawra, members will have the option to withdraw their provident funds directly from ATMs beginning next year. This comes as part of the labour ministry's efforts to better serve the country's large workforce.

Morning news brief: US court refuses to block TikTok ban; three Delhi schools receive bomb threats, and more

A US federal court has refused to block a looming ban on the popular China-owned application. The DC Circuit Court of Appeals—which upheld the law last week—declined TikTok’s request to pause the ruling in a brief, unsigned order on Friday, deeming such a block "unwarranted.

Sri Lanka Bondholders Back $12.6 Billion Debt Restructuring

Sri Lanka's private creditors back 12.6 billion dollar debt restructuring plan. The restructuring of Sri Lanka's foreign debts is a crucial step in the country's effort to get out of its protracted default.

Military Spending Soars While Russians Battle Daily Expenses

Russia faces a triple threat… Rising inflation, soaring defence spending, and tightening household budgets. With inflation expected to reach 9 percent this year and interest rates climbing to 21 percent, many Russians are struggling to afford daily necessities. Take a look at our next report for more on the ‘cost of war’.