19-12-2025

In other news

Date: 19-12-2025
Sources: economist.com: 13 | nypost.com: 7 | cnbc.com: 6 | scmp.com: 6 | straitstimes.com: 6 | bbc.com: 5 | cbsnews.com: 5 | edition.cnn.com: 5 | news.sky.com: 4 | foxnews.com: 3 | nytimes.com: 3 | theguardian.com: 3 | washingtonpost.com: 1

Summary

This section contains articles that didn't fit into any specific topic cluster. Articles are grouped by source domain.

Articles in this Cluster

A transition that has gone better than expected

The article discusses Syria's transition after the revolution that began in 2011, praising President Ahmed al-Sharaa's diplomatic efforts but urging him to do more to reassure Syrians. It argues that the Assad regime's claim that Syria would collapse without its rule was a lie, and that Bashar al-Assad's refusal to step down and his violent suppression of protesters led to civil war. The article suggests that the current transition has gone better than expected but still requires more work to stabilize the country and gain the trust of its people.
Entities: Ahmed al-Sharaa, Syria, Bashar al-Assad, Assad regime, Syrian revolutionTone: analyticalSentiment: positiveIntent: inform

Crypto’s real threat to banks

The article discusses the growing threat of the crypto industry to traditional Wall Street banks, citing the industry's increasing influence and popularity. The author notes that the crypto industry has faced initial skepticism and ridicule from Wall Street elites but is now gaining traction and challenging their privileged position. The article highlights the crypto industry's mantra, often attributed to Mahatma Gandhi, 'First they ignore you, then they laugh at you, then they fight you, then you win,' as a reflection of its growing confidence and determination.
Entities: Crypto industry, Wall Street, Mahatma Gandhi, American right, The EconomistTone: analyticalSentiment: positiveIntent: inform

Finance & economics | Latest news and analysis from The Economist

The Economist's finance and economics section features various articles discussing global economic trends, investments, and market analysis. Topics include fertility rates in America, investments in Congo, market returns, short-selling, cryptocurrency's impact on banks, Germany's bureaucratic issues, China's economy, America's bond market, bank mergers, AI stocks in Asia, and the potential consequences of AI misinformation. The articles provide in-depth analysis and insights into the world of finance and economics.
Entities: America, Congo, China, Germany, Wall StreetTone: analyticalSentiment: neutralIntent: inform

Germany has a lawyer problem

Germany's bureaucratic system, shaped in the late 19th century, is causing problems for the country's economy. The system is described as top-down, formalistic, and lawyerly, and is hindering would-be reformers. Many of Germany's famous firms, including AEG, Deutsche Bank, and Mercedes-Benz, were established during the Gründerzeit period, and the country's bureaucracy took shape at the same time. The article suggests that this bureaucracy is a problem for Germany's economy.
Entities: Germany, AEG, Deutsche Bank, Mercedes-Benz, GründerzeitTone: analyticalSentiment: negativeIntent: inform

How the young can make sense of the news

The article discusses the importance of teaching children to think critically about the news, highlighting the work of Marc Ditomasso, a teacher who has an easy-going vibe with his students. The Economist Educational Foundation aims to teach children critical thinking skills with the help of donations. The article emphasizes the need for children to understand the news and its implications.
Entities: Marc Ditomasso, The Economist Educational Foundation, CLAYTON COUNTY, GEORGIA, LONDON, The EconomistTone: positiveSentiment: positiveIntent: inform

Meet the American investors rushing into Congo

The article discusses American investors, particularly Josh Goldman, the boss of KoBold Metals, who are venturing into the Democratic Republic of Congo despite the country's numerous conflicts and challenges. The region is rich in minerals, including a significant lithium deposit, making it an attractive investment opportunity. The article highlights the risks and potential rewards of investing in Congo, where China is also a major player.
Entities: Josh Goldman, KoBold Metals, Democratic Republic of Congo, Zambia, ChinaTone: neutralSentiment: positiveIntent: inform

This Christmas, raise a glass to concentrated market returns

The article discusses the phenomenon of companies taking an unexpectedly long time to recover their pre-crisis share prices, using Bank of America's 19-year wait to surpass its 2006 peak as a prime example. It highlights that a significant number of companies have struggled to regain their former glory, with many still lagging behind their pre-global financial crisis valuations. The article touches on the broader implications of such prolonged recoveries on investor expectations and market dynamics.
Entities: Bank of America, global financial crisis, December 12th, December 15th, 2006Tone: analyticalSentiment: neutralIntent: inform

Two months in, the Gaza ceasefire is floundering

The Gaza ceasefire, in place for two months, is struggling to address the humanitarian crisis in the region. Despite the cessation of Israeli airstrikes, Gazans continue to face life-threatening conditions due to harsh weather. A severe winter storm in early December flooded thousands of tents, resulting in at least four deaths from hypothermia among babies. The article highlights the dire situation on the ground and suggests that the consequences of the floundering ceasefire will extend beyond the Middle East.
Entities: Gaza, Israel, Middle East, Palestinian territory, Gaza ceasefireTone: negativeSentiment: negativeIntent: inform

Watch who you’re calling childless

The article 'Watch who you're calling childless' challenges the common perception that women in America are having fewer babies. Using a hypothetical example of a lizard colony with a fixed population, it illustrates how demographic measures can be misleading. The article argues that American women are having as many babies over their lifetimes as they did two decades ago, contrary to the narrative of declining birth rates.
Entities: America, Planet Lizard, The Economist, women, birth ratesTone: analyticalSentiment: neutralIntent: inform

What a stiff drink says about China’s economy

The article discusses the current state of China's economy through the lens of the baijiu industry, a popular Chinese liquor. The industry is experiencing a downturn, with prices hovering around the benchmark set by state-owned giant Kweichow Moutai. Rogue vendors have begun selling the liquor at a discount, indicating a potential shift in consumer behavior. The article suggests that this trend is reflective of a broader economic issue in China, known as 'involution', where companies are engaging in intense competition, leading to decreased profits and economic stagnation.
Entities: China, Kweichow Moutai, baijiu, involution, ShanghaiTone: analyticalSentiment: negativeIntent: inform

What Novo Nordisk, OpenAI and Pop Mart have in common

The article discusses how companies like Novo Nordisk, OpenAI, and Pop Mart have struggled with the challenges of overnight success. While becoming an overnight sensation is a dream for many CEOs, it can bring problems. The article highlights the lessons from 2025, where these companies experienced rapid success with their products, such as weight-loss jabs, chatbots, and wacky dolls, but also faced difficulties as a result.
Entities: Novo Nordisk, OpenAI, Pop Mart, CEOs, 2025Tone: analyticalSentiment: neutralIntent: inform

Where America’s most prominent short-sellers are placing their bets

The article discusses the investment strategies of prominent short-sellers in the US stock market, particularly their views on the artificial intelligence (AI) sector. Jim Chanos, a well-known short-seller, expresses skepticism about the AI bubble, citing grandiose plans to launch data centers into space as a sign of over-optimism. The article highlights the concerns of short-sellers like Chanos, who are cautious about the AI sector despite its current popularity.
Entities: Jim Chanos, Wall Street, SpaceX, Blue Origin, AlphabetTone: neutralSentiment: negativeIntent: inform

Your Well Informed guide to surviving Christmas

The article 'Your Well-Informed guide to surviving Christmas' from The Economist offers evidence-based advice on how to cope with the challenges of Yuletide feasting. Drawing from the insights gained through the 'Well Informed' column in 2025, which analyzed numerous studies on health and well-being, the article provides guidance on navigating the festive season. It suggests adopting a balanced approach to enjoying the festivities, emphasizing the importance of moderation and the positive aspects of having fun. The article underscores the value of being well-informed about health and well-being to make the most out of the holiday season.
Entities: The Economist, Well Informed column, Christmas, Yuletide feasting, Red-light masksTone: positiveSentiment: positiveIntent: inform

Douglas Murray: Trump cleaned up crime in DC – and taught everyone a lesson in public safety | New York Post

The article by Douglas Murray discusses how former President Trump's crime crackdown in Washington D.C. has led to a significant decrease in violent crime, making the city safer and cleaner. Murray contrasts this with the current state of New York City, where he believes crime is out of control. He argues that the presence of law enforcement on the streets is necessary to maintain public safety and that cities have a choice in how they approach crime. Murray criticizes the incoming mayor of New York for appointing people who think crime is relative and prisons are the problem, suggesting that this approach will lead to more chaos.
Entities: Douglas Murray, Donald Trump, Washington D.C., New York City, Andrew SullivanTone: positiveSentiment: positiveIntent: persuade

Greg Biffle's wife sent harrowing text moments before deadly plane crash | New York Post

NASCAR driver Greg Biffle, his wife Cristina, and their two children died in a plane crash on Thursday morning while attempting to land at Statesville Regional Airport in North Carolina. Cristina sent a text to her mother saying 'We're in trouble' just before the crash. The family was headed to Florida for a birthday trip. Greg Biffle was a semi-retired NASCAR driver known for his humanitarian efforts, including helping with relief efforts after Hurricane Helene. The crash also claimed the lives of three other individuals. Cristina's mother, Cathy Grossu, shared heartbreaking details about the family's last moments and conversations, highlighting their kindness and generosity.
Entities: Greg Biffle, Cristina Biffle, Cathy Grossu, Statesville Regional Airport, North CarolinaTone: emotionalSentiment: negativeIntent: inform

Hero NY fire commissioner dies while rescuing hiker stranded in Catskills Mountains | New York Post

Michael Joseph Ryan, a 61-year-old fire commissioner and veteran police officer, died of a heart attack while rescuing a stranded hiker in the Catskills Mountains. Ryan, who had served in the US Air Force and as a police officer for 25 years, was part of a team that responded to an SOS signal from a 20-year-old hiker who had injured his ankle. Despite efforts to revive him, Ryan died at a nearby hospital. His death was met with condolences from his community and colleagues, who praised his selfless service and legacy.
Entities: Michael Joseph Ryan, Catskills Mountains, Panther Mountain, Phoenicia Volunteer Fire Department, New JerseyTone: emotionalSentiment: negativeIntent: inform

Mamdani's plan to sideline cops will sabotage crime-fighting wins | New York Post

New York's leaders have differing views on public safety, with Governor Kathy Hochul and Police Commissioner Jessica Tisch emphasizing the importance of law enforcement in reducing crime, while Mayor-elect Zohran Mamdani plans to sideline cops in favor of civilian staff in his 'Department of Community Safety.' The article argues that Mamdani's approach will undermine the progress made in reducing crime, particularly in the subway system.
Entities: Kathy Hochul, Jessica Tisch, Zohran Mamdani, New York City, NYPDTone: negativeSentiment: negativeIntent: critique

Seahawks score improbable two-point conversion in win over Rams | New York Post

The Seahawks scored a game-tying two-point conversion in their 38-37 overtime win over the Rams on Thursday night. The improbable play occurred late in the fourth quarter when tight end AJ Barner caught a 26-yard touchdown pass from Sam Darnold. Initially deemed unsuccessful, the two-point try was later ruled a lateral after replay review, and Zach Charbonnet scooped up the ball in the end zone, securing two points. The game was tied at 30-30, and the Seahawks eventually won in overtime with another successful two-point conversion. The win improved the Seahawks to 12-3, clinching a playoff berth and putting them in the driver's seat in the NFC West.
Entities: Seahawks, Rams, Sam Darnold, AJ Barner, Zach CharbonnetTone: positiveSentiment: positiveIntent: inform

Sylvester Stallone breaks down over painful Oscar night memory despite monumental 'Rocky' success | New York Post

Sylvester Stallone recently opened up about his emotional experience on the night 'Rocky' won three Academy Awards in 1977. Despite the film's monumental success, Stallone felt sad and unfulfilled because his parents chose not to attend the ceremony. He shared that his childhood was marked by difficulties, including living with an emotionally and physically abusive father after his parents' divorce when he was 11. Stallone's emotional pain from his past still lingers, and he believes that his parents' actions, or lack thereof, had a lasting impact on him. The actor is currently filming the fourth season of 'Tulsa King' and was recently honored with a Kennedy Center award.
Entities: Sylvester Stallone, Rocky, Academy Awards, CBS News, Kennedy CenterTone: emotionalSentiment: negativeIntent: inform

Yankees bust Tyler Austin signs MLB deal with Cubs after outstanding Japan stint | New York Post

Tyler Austin, a former New York Yankees player, has signed a one-year deal with the Chicago Cubs worth $1.25 million plus incentives. Austin, 34, spent over six years in Japan's Nippon Professional Baseball (NPB) with the Yokohama DeNA BayStars, where he became a prolific hitter. He was a two-time NPB All-Star and led the league in batting average and OPS in 2024. Austin's career in MLB was marked by initial promise, including hitting a home run in his first at-bat alongside Aaron Judge, but he struggled to maintain consistency. After being traded and eventually designated for assignment, Austin found success with Team USA during the 2020 Tokyo Olympics and later in Japan. The signing reunites him with former BayStars teammate Shoto Imanaga, now a Cubs pitcher.
Entities: Tyler Austin, Chicago Cubs, New York Yankees, Yokohama DeNA BayStars, JapanTone: neutralSentiment: positiveIntent: inform

Bank of Japan raises short-term interest rates to highest in 30 years Stock Chart IconStock Chart Icon

The Bank of Japan (BOJ) raised its short-term interest rates to 0.75%, the highest level since 1995, as part of its policy normalization efforts. The decision was in line with economists' expectations and was accompanied by a signal that further tightening is possible. The BOJ cited a 'virtuous cycle' of rising wages and prices, with inflation above the 2% target for 44 consecutive months. Despite concerns about the Japanese economy's weakness, the BOJ remains optimistic about corporate profits and wage growth. The rate hike led to a sell-off in government bonds, with 10-year Japanese government bond yields breaching the 2% mark for the first time since 1999. The yen weakened against the dollar, while the Nikkei 225 stock index gained. The BOJ's decision is seen as a step towards achieving its inflation target, but also raises concerns about higher borrowing costs and fiscal strain.
Entities: Bank of Japan, Japan, Kazuo Ueda, Sanae Takaichi, Oxford EconomicsTone: neutralSentiment: negativeIntent: inform

Europe markets: FTSE 100, Stoxx 600, France budget, Ukraine aid

European shares opened mixed on Friday as investors reacted to a series of interest rate decisions and looked ahead to budget talks in France. The European Central Bank, Norges Bank, and Riksbank kept their key interest rates unchanged, while the Bank of England trimmed by 25 basis points. Meanwhile, the European Union approved a 90 billion euro aid package for Ukraine. Investors are also monitoring economic data from Europe and the US, including German consumer confidence, UK retail sales, and US existing home sales.
Entities: Europe, France, Ukraine, European Central Bank, Bank of EnglandTone: neutralSentiment: neutralIntent: inform

India's ICICI Prudential AMC sees shares jump 20% in market debut after stellar IPO

ICICI Prudential AMC's shares rose 20% on its market debut after a highly successful IPO that was subscribed over 39 times, driven primarily by institutional demand. The IPO raised 106 billion rupees ($1.17 billion) and was priced at the upper end of its price band. Despite relatively low retail investor interest, the company's strong fundamentals and the growing trend of financialization of savings in India are expected to drive its growth. The article highlights the increasing participation of retail investors in capital markets and the opportunities this presents for asset managers.
Entities: ICICI Prudential AMC, India, ICICI Bank, Prudential, SingaporeTone: positiveSentiment: positiveIntent: inform

Nike's turnaround is delayed but not derailed. We think it's worth the wait

Nike's quarterly results were better than expected, but the company's stock sank due to severe issues in China and a weak outlook. Despite a 1% year-over-year increase in total revenue to $12.4 billion, earnings per share fell 33% to 53 cents. The company's North America business showed encouraging signs, with sales increasing 9% year over year, but China was a major issue, with sales dropping 17%. Nike's CEO, Elliott Hill, is focusing on the company's most important categories and has pivoted back to key retail partners to drive sales. The company's guidance for the fiscal 2026 third quarter was disappointing, with revenue expected to decline by low single digits.
Entities: Nike, Elliott Hill, China, North America, LSEGTone: neutralSentiment: negativeIntent: analyze

Stock market today: Live updatesStock Chart IconStock Chart Icon

The stock market saw a mixed performance on Thursday, with major U.S. indexes closing higher due to cool inflation data and gains in tech leaders. The S&P 500 and Dow Jones Industrial Average snapped their four-day losing streaks, while the Nasdaq Composite rose 1.4%. Nike shares plummeted 10% in extended trading after the company reported a decline in revenue in its Greater China market. In contrast, FedEx shares rose 2% after the shipping giant posted fiscal second-quarter results that surpassed Wall Street's estimates. The market is expected to be volatile on Friday due to 'quadruple witching,' with over $7.1 trillion in notional options exposure set to expire.
Entities: S&P 500, Dow Jones Industrial Average, Nasdaq Composite, Nike, Federal ReserveTone: neutralSentiment: positiveIntent: inform

The hedge fund strategies bringing the biggest gains this year

The article discusses the performance of hedge funds in 2025, with equity long/short hedge funds being the top-performing category. Healthcare-focused equity funds have been the standout performers, posting a near-36% gain, followed by funds targeting Asian equity markets and technology, media, and telecommunications stocks. Despite the overall positive returns, industry data provider PivotalPath warns of continued correlation between hedge funds and broader stock markets, emphasizing the importance of diversification across strategies and sectors. Experts highlight the dispersion between certain strategies and sectors, and the robust outlook for the healthcare sector in 2026.
Entities: PivotalPath, Union Bancaire Privée, Michaël Lok, Rhenman & Partners Asset Management, HealthcareTone: neutralSentiment: positiveIntent: inform

10 times Asia overtourism and ‘limits’ to hospitality became a problem in 2025 | South China Morning Post

The article discusses the issue of overtourism in various Asian countries, including Japan, Indonesia, and South Korea, in the year 2025. It highlights several instances where excessive tourism has created problems, such as locals in Bali urging authorities to filter out cost-conscious travelers, Japan's tax-free shopping system being criticized for fraud and revenue loss, and the trial of an American content creator in South Korea sparking calls for stricter responses to 'nuisance influencers'. The article suggests that some countries are rethinking their tourism strategies to prioritize quality over quantity and mitigate the negative impacts of overtourism.
Entities: Asia, Japan, Indonesia, Bali, South KoreaTone: neutralSentiment: negativeIntent: inform

China cuts US Treasury holdings to lowest level since 2008 amid debt ceiling fears | South China Morning Post

China has reduced its US Treasury holdings to its lowest level since 2008 amid concerns over US debt sustainability and the Federal Reserve's independence. The country's stockpile fell to $688.7 billion in October, down from $700.5 billion in September and nearly half its November 2013 peak. This trend continues a gradual retreat that began during US President Donald Trump's first term, driven by worries about US debt and the Federal Reserve's independence.
Entities: China, US, US Treasury, Federal Reserve, Donald TrumpTone: neutralSentiment: negativeIntent: inform

China still targeting US-based researchers for ‘malign’ purposes, lawmakers warned | South China Morning Post

The US government is still concerned about China's efforts to recruit US-based researchers for 'malign' purposes, despite years of heightened scrutiny. Multiple government agencies, including the National Science Foundation (NSF), National Institutes of Health, Nasa, and Department of Energy, testified at a House science committee hearing that security measures must be balanced with efforts to retain foreign talent. Officials expressed concern about China's state-backed recruitment programs, such as the Thousand Talents Programme, and the need to protect US research from Chinese interference.
Entities: China, US, National Science Foundation (NSF), Rebecca Keiser, House science committeeTone: neutralSentiment: negativeIntent: inform

Chinese team builds optical chip AI that is 100 times faster than Nvidia’s market leader | South China Morning Post

A team of Chinese researchers from Shanghai Jiao Tong University and Tsinghua University has developed an optical computing chip called LightGen that outperforms Nvidia's leading AI hardware by over 100 times in speed and energy efficiency for generative tasks such as video production and image synthesis. The chip integrates over 2 million photonic neurons and can generate high-resolution images and videos. The researchers believe that LightGen can be scaled up and provides a new way to bridge chip architectures to daily complicated AI tasks without impairing performance.
Entities: Shanghai Jiao Tong University, Tsinghua University, Nvidia, LightGen, Professor Chen YitongTone: neutralSentiment: positiveIntent: inform

Hong Kong police arrest 5 over stealing HK$1.8 million from eMPF account holders | South China Morning Post

Hong Kong police have arrested five men suspected of stealing HK$1.8 million from Mandatory Provident Fund (MPF) account holders through the city's new online pension fund platform, eMPF. The scammers impersonated account holders to withdraw funds, prompting the Mandatory Provident Fund Schemes Authority to suspend its digital verification process. The scam was discovered when a resident attempted to open an eMPF account, only to find his identity had been stolen. Twelve victims have been identified, with three suffering monetary losses totaling HK$1.8 million. The police's cybersecurity and technology crime bureau is investigating the case.
Entities: Hong Kong, Mandatory Provident Fund Schemes Authority, eMPF, Chief Inspector Lee Chun-man, Superintendent Ferris Cheung Hau-yeeTone: neutralSentiment: negativeIntent: inform

How China cracked the US ‘super code’ that controls most power grids in the world | South China Morning Post

China has made a significant breakthrough in developing its own solver, Tianquan, to run its power grid, breaking away from US dominance in the global tech market. The Southern Regional Electricity Market (SREM), the world's largest unified power market, has fully switched to Tianquan, which is 14% faster than American products. This development could shake up the global balance of technological power, with other nations potentially following China's lead and abandoning US solvers.
Entities: China, United States, Tianquan, Southern Regional Electricity Market (SREM), State GridTone: neutralSentiment: neutralIntent: inform

Chinese trains, tourists and money are flooding Laos. Laotians wonder if it makes sense | The Straits Times

The article discusses the impact of Chinese investment in Laos, particularly with the Laos-China Railway (LCR), on the country's economy, tourism, and culture. The LCR has brought a surge in Chinese tourists, businesses, and money, transforming towns like Vang Vieng and Luang Prabang. However, the benefits have been unevenly distributed, with many local businesses struggling to compete with Chinese-owned enterprises. The article highlights concerns about Laos' heavy debt burden and the potential risks of relying heavily on Chinese investment.
Entities: Laos, China, Laos-China Railway, Vang Vieng, Luang PrabangTone: neutralSentiment: negativeIntent: inform

Floods, storms upended their lives in Bangladesh; work in Singapore gives them chance to rebuild | The Straits Times

The article discusses how climate change has affected the lives of people in Bangladesh, particularly in the southern coastal regions, leading to displacement and migration. The story of Md Emran Hosain, a 24-year-old man from the Sundarbans region, is highlighted. Emran left his village in July 2024 to work in Singapore, as his family's livelihood was impacted by recurring disasters and rising sea levels. The article explains how Bangladesh is one of the nations most vulnerable to climate change, with storms and floods crippling livelihoods and pushing people to migrate. It also provides statistics on the number of people displaced by disasters in Bangladesh and the predicted impact of climate change by 2050.
Entities: Md Emran Hosain, Bangladesh, Singapore, Sundarbans, Satkhira districtTone: emotionalSentiment: negativeIntent: inform

The Kennedy Center board votes to add ‘Trump’ to its name, drawing backlash | The Straits Times

The John F. Kennedy Center for the Performing Arts board voted to add 'Trump' to its name, sparking backlash from Democrats who argue that the change requires congressional approval. The decision was made after US President Donald Trump filled the board with allies earlier in 2025. The center's spokeswoman claimed the vote was unanimous, but Democratic board members disputed this, stating they were muted and not allowed to speak during the meeting. The change is seen as another attempt by Trump to leave his mark on Washington, following the addition of his name to the United States Institute of Peace building near the White House.
Entities: John F. Kennedy Center for the Performing Arts, Donald Trump, Washington, United States Institute of Peace, White HouseTone: negativeSentiment: negativeIntent: inform

The ritual shaming of the woman at the Coldplay concert | The Straits Times

The article discusses the public shaming of a woman, Kristin Cabot, who was seen on a Jumbotron at a Coldplay concert on July 16, 2025, in an awkward moment with her boss. The incident sparked international controversy, and Cabot has since struggled with the aftermath, spending sleepless nights pacing, crying, and talking on the phone. The article explores the consequences of the public shaming and Cabot's decision to break her silence about the incident.
Entities: Kristin Cabot, Coldplay, Jumbotron, New York, July 16, 2025Tone: analyticalSentiment: negativeIntent: inform

The tariffs that stole Christmas: How Trump’s trade war is remaking America’s toy aisles | The Straits Times

The article discusses the impact of the US-China trade war on America's toy industry, particularly on small businesses. The Trump administration's tariffs on Chinese imports have led to increased costs for toy retailers, forcing some to close their doors. The article highlights the story of Jennifer Bergman, owner of West Side Kids, a beloved Manhattan toy store that was forced to shut down due to the tariffs. The trade war has created a split in the Christmas economy, with big-box retailers like Walmart and Target able to absorb the costs, while small businesses struggle to stay afloat. The article also notes that the tariffs have not been effective in achieving their intended goal, with US imports declining and American businesses bearing the brunt of the costs.
Entities: Jennifer Bergman, West Side Kids, Manhattan, China, Trump administrationTone: negativeSentiment: negativeIntent: inform

Trump signs order to ease US marijuana regulations, sparking industry hopes | The Straits Times

US President Donald Trump signed an order to ease federal regulations on marijuana, directing the Attorney-General to reclassify the drug as less dangerous. The move has sparked hopes in the cannabis industry and could reshape the industry, unlock research funding, and open doors to banks and investors. However, the decision has been met with opposition from some Republicans and concerns about the potential risks. Marijuana will still remain illegal federally and subject to local laws.
Entities: Donald Trump, US, Marijuana, Attorney-General, Chuck SchumerTone: neutralSentiment: positiveIntent: inform

Greg Biffle: Ex-Nascar driver and family among seven killed in plane crash

Former Nascar driver Greg Biffle, his family, and four others were killed in a plane crash at Statesville Regional Airport in North Carolina. The Cessna C550 aircraft, owned by a private company associated with Biffle, crashed while landing, engulfing in flames. Biffle, known as 'The Biff,' had a successful racing career spanning two decades and was remembered for his contributions to the sport and his community, particularly for his efforts in rescuing stranded residents during Hurricane Helene. Tributes poured in from the Nascar community and beyond, with many praising his courage, compassion, and commitment to fans. The cause of the crash is under investigation by the National Transportation Safety Board.
Entities: Greg Biffle, Nascar, Statesville Regional Airport, North Carolina, Cessna C550Tone: negativeSentiment: negativeIntent: inform

Kristin Cabot: HR exec in viral Coldplay clip speaks of abuse, threats and trying to find a new job

Kristin Cabot, a former HR executive at tech company Astronomer, has spoken publicly for the first time about a viral video showing her hugging then-CEO Andy Byron at a Coldplay concert. The video led to widespread ridicule and harassment, with Cabot receiving threatening messages, being 'doxxed', and having her appearance scrutinized. She has since stepped down from her role and is now looking for a new job, but has been told she is 'unemployable'. Cabot has spoken about the ongoing harassment and its impact on her family, particularly her children, who are embarrassed to be associated with her. She has also questioned whether Byron received the same level of abuse, suggesting that as a woman, she bore the brunt of the criticism.
Entities: Kristin Cabot, Andy Byron, Astronomer, Coldplay, Chris MartinTone: negativeSentiment: negativeIntent: inform

Peter Arnett, Pulitzer-winning war reporter, dies aged 91

Peter Arnett, a Pulitzer Prize-winning war correspondent, has died at 91. Arnett had a distinguished career reporting on several conflicts, including the Vietnam and Gulf Wars. He worked for various news organizations, including the Associated Press and CNN, and was known for his fearless and intrepid reporting. Arnett's reporting often put him in harm's way, and he witnessed numerous traumatic events throughout his career. He was praised by colleagues for his writing and storytelling abilities.
Entities: Peter Arnett, Pulitzer Prize, Vietnam War, Gulf War, Associated PressTone: neutralSentiment: negativeIntent: inform

Trump expands access to cannabis in a major shift in drug policy

President Donald Trump has signed an executive order expanding access to cannabis by reclassifying it from a Schedule I to a Schedule III narcotic, allowing for expanded research into its potential benefits. The move marks a significant shift in US drug policy, with implications for tax deductions for state-authorized cannabis dispensaries and potential access to cannabidiol (CBD) for some Americans. While some Republican lawmakers have expressed concerns over the health impact and potential normalization of cannabis use, the decision has been praised by organizations working to change US cannabis regulations.
Entities: Donald Trump, US, Cannabis, Schedule I, Schedule IIITone: neutralSentiment: positiveIntent: inform

Violence erupts in Bangladesh after death of youth protest leader

Violence erupted in Bangladesh after the death of Sharif Osman Hadi, a prominent leader of the youth movement that ousted former Prime Minister Sheikh Hasina. Hadi was shot by masked attackers and died while being treated in Singapore. His supporters protested his death, vandalizing the offices of prominent Bangladeshi newspapers and clashing with authorities. The interim government, led by Nobel laureate Muhammad Yunus, has condemned the attack and promised to bring the perpetrators to justice. The incident has raised concerns about the country's political landscape ahead of the first elections since the uprising in 2024.
Entities: Sharif Osman Hadi, Sheikh Hasina, Bangladesh, Dhaka, SingaporeTone: negativeSentiment: negativeIntent: inform

19-year-old inmate captured weeks after escaping French prison with bedsheets - CBS News

A 19-year-old inmate who escaped from a French prison in Dijon using bedsheets was captured in Marseille after Interpol issued a red notice. The escapee, suspected in a drug-linked attempted murder case, was found in a run-down apartment complex known for drug dealing. The prison, built in 1853, is overcrowded with 311 inmates for 180 places. The escape was carried out using 'old-fashioned' saw blades likely delivered by drones. France has some of the worst prison overcrowding in Europe. The arrest comes after another inmate, a 32-year-old man accused of violence against a partner, was arrested a day after their escape.
Entities: France, Marseille, Dijon, Interpol, AFPTone: neutralSentiment: negativeIntent: inform

Arctic temperatures increasing at over double the global rate since 2006, NOAA report says - CBS News

The Arctic region has experienced its hottest year on record, with temperatures rising at more than double the global rate since 2006, according to a new report from the National Oceanic and Atmospheric Administration (NOAA). The NOAA report card highlights the alarming rate of climate change in the Arctic, with significant impacts on sea ice, glaciers, and ecosystems. The report notes that the Arctic is warming several times faster than the rest of the planet, with average sea surface temperatures in the Arctic being 13 degrees Fahrenheit higher than the 1991-2020 average. The consequences of this rapid warming are far-reaching, with implications for global sea levels, Arctic communities, and the environment.
Entities: Arctic, National Oceanic and Atmospheric Administration (NOAA), Climate Change, Greenland Ice Sheet, ScandinaviaTone: neutralSentiment: negativeIntent: inform

Soccer star Mario Pineida shot and killed in Ecuador, police say - CBS News

Ecuadorian soccer player Mario Pineida was shot and killed in Guayaquil, Ecuador, amid escalating violence in the country. Pineida, a 33-year-old defender for Barcelona de Guayaquil and former national team player, was killed in an apparent attack. The incident is part of a larger wave of criminal violence in Ecuador, which has been linked to international drug cartels. The country is expected to have its most violent year on record, with over 9,000 homicides. President Daniel Noboa has pledged to fight criminal organizations, but violence continues to escalate.
Entities: Mario Pineida, Ecuador, Guayaquil, Barcelona de Guayaquil, Daniel NoboaTone: negativeSentiment: negativeIntent: inform

Trump administration plan to sell Taiwan a record $10 billion in arms draws angry response from China - CBS News

The Trump administration has announced a massive $11.15 billion arms sale to Taiwan, including medium-range missiles, howitzers, and drones, drawing an angry response from China. The sale is the largest-ever U.S. weapons package to Taiwan and includes 82 high-mobility artillery rocket systems, 420 Army Tactical Missile Systems, and 60 self-propelled howitzer systems. China has vowed to reunify with Taiwan and has not ruled out the use of force. The U.S. is obligated to assist Taiwan with its self-defense under federal law. Taiwan's Defense Ministry has expressed gratitude to the U.S. for the arms sale, which it says will help maintain regional peace and stability. China has condemned the sale, saying it will 'only end up backfiring' and undermine regional stability.
Entities: Donald Trump, Xi Jinping, Taiwan, China, United StatesTone: neutralSentiment: negativeIntent: inform

U.S. government lawsuit accuses Virgin Islands of obstructing Americans' gun rights in the U.S. territory - CBS News

The U.S. government has filed a lawsuit against the U.S. Virgin Islands, its police department, and Police Commissioner Mario Brooks, alleging that they are obstructing American citizens' Second Amendment rights by imposing restrictive gun laws. The lawsuit claims that the territory's laws and practices, such as requiring applicants to demonstrate 'good reason' to own a gun and undergo intrusive home searches, are unconstitutional and deny citizens their right to possess and carry firearms. The U.S. Virgin Islands government has stated that it is reviewing the lawsuit and taking the allegations seriously, while also emphasizing its commitment to protecting constitutional rights and maintaining public safety.
Entities: U.S. government, U.S. Virgin Islands, Second Amendment, Mario Brooks, Albert Bryan Jr.Tone: neutralSentiment: negativeIntent: inform

Rare look inside US Border Patrol | CNN

The article provides a rare look inside the US Border Patrol Academy as recruiting numbers hit a record high. CNN's David Culver gets an exclusive look at the training sessions where agents shared their backgrounds. The article also includes other news stories such as the Brown University shooting suspect being found dead, a plane crash that killed former NASCAR driver Greg Biffle and his family, and the release of new photos from Jeffrey Epstein's estate.
Entities: US Border Patrol, US Border Patrol Academy, CNN, David Culver, Deborah BrunswickTone: neutralSentiment: neutralIntent: inform

Sharif Osman Hadi: Bangladesh rocked by unrest over death of student leader | CNNClose icon

Bangladesh is experiencing violent protests and unrest following the death of youth leader Sharif Osman Hadi, who was shot while launching his election campaign. Hadi's death has sparked widespread demonstrations, with protesters demanding justice and accountability. The interim government, led by Nobel laureate Muhammad Yunus, has urged calm and promised a transparent investigation. The unrest comes ahead of national elections scheduled for February 12.
Entities: Sharif Osman Hadi, Bangladesh, Inquilab Mancha, Dhaka, SingaporeTone: neutralSentiment: negativeIntent: inform

Tai Po fire: Hong Kong lays to rest ‘gentle’ firefighter killed battling deadly inferno | CNNClose icon

Hong Kong laid to rest senior fireman Ho Wai-ho, who was killed battling a deadly inferno at the Wang Fuk Court housing complex in Tai Po. The fire, which burned for almost two days, killed at least 160 people, including toddlers, elderly citizens, and foreign domestic helpers. Ho's funeral was attended by high-ranking officials, including Hong Kong leader John Lee, and was marked by somber mood and emotional tributes. The cause of the fire remains under investigation, with city officials and police pointing blame at construction companies for allegedly using substandard mesh netting.
Entities: Ho Wai-ho, Hong Kong, Tai Po, Wang Fuk Court, John LeeTone: emotionalSentiment: negativeIntent: inform

Thousands of dinosaur footprints found in Italy | CNN

Thousands of dinosaur footprints were discovered at Stelvio National Park in northern Italy. The discovery is significant and has garnered attention from CNN. The article also mentions other news stories, including a paddle circle to honor Bondi beach shooting victims, the appointment of a new archbishop of New York, and the situation on Uganda's campaign trail.
Entities: dinosaur footprints, Italy, Stelvio National Park, CNN, Austin MabeusTone: neutralSentiment: neutralIntent: inform

Verdict expected in ‘German Pelicot’ case after husband accused of years of drugging and rape | CNNClose icon

A German man is on trial for allegedly drugging, raping, and filming his unconscious wife for nearly 15 years in a case dubbed the 'German Pelicot.' The verdict is expected on Friday, and the case has sparked calls for reform in Germany's sexual criminal law, particularly regarding the definition of rape and the possession of rape content. The case has drawn parallels with the French 'Pelicot' case, where Dominique Pelicot was found guilty of aggravated rape. Campaigners argue that Germany's current laws are inadequate and that a 'yes means yes' standard should be adopted. The case highlights the issue of online platforms facilitating the sharing of abusive content and the need for governments to take action.
Entities: Germany, Aachen, Dominique Pelicot, Gisèle Pelicot, Nur Ja Heisst JaTone: neutralSentiment: negativeIntent: inform

A British man who fought for Ukraine is jailed for 13 years by Russia | World News | Sky News

A 30-year-old British man, Hayden Davies, has been sentenced to 13 years in a maximum-security Russian prison camp for fighting as a mercenary for Ukraine. Davies, who reportedly served in the British armed forces, was tried in a Russian-occupied Donetsk court and convicted of being a paid mercenary. He admitted to joining Ukraine's International Legion, which is composed of foreign volunteers, and received a monthly payment of $400-500. The British government has previously stated that Davies is entitled to protection under the Geneva Conventions, and has condemned Russia's exploitation of prisoners of war for political and propaganda purposes.
Entities: Hayden Davies, Russia, Ukraine, Donetsk, British Foreign OfficeTone: neutralSentiment: negativeIntent: inform

'Alien battleship' to reach closest point to Earth | Science, Climate & Tech News | Sky News

A Harvard University astrophysicist, Professor Avi Loeb, has sparked debate by suggesting that a mysterious object, 3i/ATLAS, passing close to Earth could potentially be an alien battleship. The object is generally considered by astronomers to be a comet from outside our solar system. Loeb argues that humanity should be on high alert for what may be a 'black swan event', citing unusual features of the object such as its tail and trajectory. However, other scientists, including NASA and astronomers from the University of Oxford, strongly disagree, stating that the evidence points to it being a natural comet.
Entities: Avi Loeb, Harvard University, 3i/ATLAS, Earth, NASATone: positiveSentiment: negativeIntent: inform

British mother died due to complications of cosmetic surgery in Turkey, inquest finds | World News | Sky News

A 34-year-old British mother, Sophie Hunt, died after undergoing cosmetic surgery in Turkey. The inquest into her death found that she died due to complications from the surgery. Sophie had undergone a tummy tuck and Brazilian butt lift at a private hospital in Istanbul. Her family expressed concerns that she may not have been fit for the procedures and that there may have been complications during the surgery. The coroner recorded a narrative conclusion stating that Sophie died due to complications of a surgical procedure carried out abroad.
Entities: Sophie Hunt, Turkey, Northampton, Istanbul, Nisantasi HospitalTone: neutralSentiment: negativeIntent: inform

China imposes 13% tax on condoms as birth rate declines | World News | Sky News

China has introduced a 13% tax on contraceptive products, including condoms, effective January 1, as part of its latest tax laws. This move is seen as part of the government's efforts to encourage families to have more children amid a declining birth rate. The birth rate in China has been decreasing, with 9.5 million births in 2024, down from 14.7 million in 2019. Experts warn that the tax could lead to an increase in unplanned pregnancies and sexually transmitted diseases due to higher contraceptive costs, particularly affecting economically disadvantaged populations. However, some argue that the tax is a logical step given the shift from controlling population growth to encouraging it.
Entities: China, India, Beijing, National Bureau of Statistics, University of VirginiaTone: neutralSentiment: negativeIntent: inform

Albania parliament erupts as lawmakers demand deputy PM corruption vote | Fox News

The Albanian parliament erupted into chaos as opposition lawmakers demanded a vote on corruption allegations against Deputy Prime Minister Belinda Balluku. The Special Anti-Corruption and Organized Crime Structure (SPAK) has requested that parliament lift Balluku's immunity so she can be arrested on corruption charges related to major infrastructure projects. Lawmakers from the opposition Democratic Party protested, lit black flares, and scuffled with police, disrupting the parliamentary session. Balluku has denied the accusations, calling them 'mudslinging, insinuations half-truths and lies.' The crisis has drawn international scrutiny, with former Albanian ambassador to the U.S. and the United Nations Agim Nesho criticizing the government for 'state capture.' The U.S. State Department declined to comment on the case.
Entities: Belinda Balluku, Albania, Special Anti-Corruption and Organized Crime Structure (SPAK), Democratic Party, Edi RamaTone: negativeSentiment: negativeIntent: inform

Israel hits Hezbollah infrastructure as disarmament deadline looms | Fox News

Israel carried out airstrikes on Hezbollah infrastructure in southern and northeastern Lebanon ahead of a December 31 deadline for the terrorist organization to disarm. The strikes targeted Hezbollah's military structures, launching sites, and training areas. The Israeli military claimed that Hezbollah continues to embed itself in civilian areas, violating a US-brokered ceasefire. International officials, including those from the US, France, and Saudi Arabia, are set to meet in Paris to discuss ways to assist the Lebanese army in boosting its presence along the Israel-Lebanon border and to dissuade Israel from further escalation. The Lebanese government has pledged to clear the border area of Hezbollah's armed presence by the end of the year, but concerns remain about political paralysis and party politics hindering this effort.
Entities: Israel, Hezbollah, Lebanon, United States, FranceTone: neutralSentiment: negativeIntent: inform

Yemen's STC claims control of southern territory, seeks US partnership | Fox News

Yemen's Southern Transitional Council (STC) has claimed control over all eight southern governorates and is seeking a deeper partnership with the United States to counter Iran-backed Houthi rebels. The STC, backed by the United Arab Emirates, has emerged as a dominant force in southern Yemen and is pushing for independence. The group's representative to the US and UN, Ahmed Atef, stated that the STC is prepared to serve as Washington's frontline partner against the Houthis, al-Qaeda affiliates, and Muslim Brotherhood factions. However, the STC's actions have been met with criticism from Yemen's internationally recognized government, which has accused the group of carrying out deadly attacks and undermining the political process.
Entities: Yemen, Southern Transitional Council (STC), United States, Iran, HouthisTone: neutralSentiment: negativeIntent: inform

Bank of Japan Raises Interest Rates to Highest Level in 30 Years - The New York Times

The Bank of Japan has raised its benchmark interest rate to 0.75%, the highest level in 30 years, amid concerns about Japan's growing debt and inflation. Prime Minister Sanae Takaichi's government has introduced a $117 billion stimulus package to boost the economy, but economists are divided about the impact of the rate hike and the stimulus on Japan's economic future. The rate increase is seen as an attempt to support the yen and cool inflation, but it also risks crimping business and consumer spending.
Entities: Bank of Japan, Sanae Takaichi, Japan, Tokyo, Attack on TitanTone: neutralSentiment: negativeIntent: inform

Britain Is Preparing for Attacks on Its Soil. Critics Say It Must Move Faster. - The New York Times

Britain is preparing for potential attacks on its soil by developing a 'whole of society approach to deterrence and defense.' Critics argue that the government is not moving quickly enough to address the growing threat from Russia and other adversaries. The government has announced a significant increase in military spending and is working to develop a new home defense force, recruit more volunteer reservists, and enhance training for the 'strategic reserve.' However, military experts and lawmakers are concerned that Britain's defenses are lagging behind those of other European nations, and that the government's efforts are not being implemented at a sufficient pace.
Entities: Britain, Russia, NATO, Mark Rutte, President TrumpTone: neutralSentiment: negativeIntent: inform

Trump Administration to Appeal Harvard Funding Case - The New York Times

The Trump administration has decided to appeal a court ruling that sided with Harvard University in a dispute over free speech and billions of dollars in research funding. The government had blocked grant payments to Harvard in the spring but restarted them after a judge ruled in Harvard's favor. The administration argues that Harvard has not done enough to eradicate antisemitism on campus, while Harvard claims the government's demands violate its First Amendment rights. The appeal will be heard by the U.S. Court of Appeals for the First Circuit.
Entities: Trump administration, Harvard University, Judge Allison D. Burroughs, Federal District Court in Boston, U.S. Court of Appeals for the First CircuitTone: neutralSentiment: negativeIntent: inform

Colombian mercenaries in Sudan ‘recruited by UK-registered firms’ | Conflict and arms | The Guardian

A Guardian investigation has found that UK-registered companies, including Zeuz Global, have been involved in recruiting Colombian mercenaries to fight alongside the Rapid Support Forces (RSF) in Sudan, a paramilitary group accused of war crimes and genocide. The US Treasury has sanctioned individuals linked to Zeuz Global, including Álvaro Andrés Quijano Becerra and Claudia Viviana Oliveros Forero, for their roles in recruiting mercenaries. The investigation raises concerns about the UK's company registration process and its potential use by individuals involved in international crimes.
Entities: Zeuz Global, Rapid Support Forces (RSF), Sudan, Colombia, UKTone: negativeSentiment: negativeIntent: inform

‘Matter of survival’: South Korean president urges public health cover for hair loss | South Korea | The Guardian

South Korean President Lee Jae Myung has proposed extending public health insurance to cover hair-loss treatments, citing the issue's impact on young people's mental health and 'survival' in a society where physical appearance is highly valued. The proposal has sparked controversy, with medical professionals and conservative figures criticizing it as populist and fiscally irresponsible, given the country's health insurance system's mounting financial pressure. The issue highlights South Korea's intense cultural focus on physical appearance and the significant market for hair-loss treatments.
Entities: Lee Jae Myung, South Korea, Korean Medical Association, The Chosun Ilbo, Jeong Eun KyeongTone: neutralSentiment: negativeIntent: inform

UK Foreign Office victim of cyber-attack in October, says Chris Bryant | Cybercrime | The Guardian

The UK's Foreign, Commonwealth and Development Office (FCDO) was hacked in October, according to Minister Chris Bryant. The hack is believed to have potentially exposed tens of thousands of visa details. While a Chinese cyber gang, Storm 1849, has been named as the possible perpetrator, Bryant cautioned against speculation, stating that it was 'not entirely clear' who was behind the attack. The government has confirmed that it is investigating the incident and has taken steps to prevent further breaches.
Entities: UK Foreign Office, Chris Bryant, China, Foreign, Commonwealth and Development Office, Keir StarmerTone: neutralSentiment: negativeIntent: inform

What to make of Saudi Arabia’s plunge into video games and esports - The Washington Post

Saudi Arabia is aggressively investing in the video game and esports industries as part of its Vision 2030 strategy to diversify its economy. The kingdom has made significant acquisitions, including a $55 billion deal to buy Electronic Arts, and has hosted large-scale gaming events. However, analysts question the viability of this approach, citing the competitive and hit-driven nature of the industry. The investments are also seen as a way to appease the younger demographic in Saudi Arabia, but human rights concerns and the crown prince's reputation may pose obstacles to the kingdom's dominance in the industry.
Entities: Saudi Arabia, Crown Prince Mohamed bin Salman, Electronic Arts, Jared Kushner, RiyadhTone: neutralSentiment: negativeIntent: inform