Author: Editor-In-Chief

Tesla CEO Elon Musk attends the Saudi-US Investment Forum in Riyadh, Saudi Arabia, on May 13, 2025. Hamad Mohammed | ReutersBillionaire wealth has soared to a record $18.3 trillion, according to a report by global charity Oxfam released on Monday, which says the ultra-wealthy seek power “for their own benefit.”The number of billionaires reached more than 3,000 last year, and their combined wealth increased by 16%, or $2.5 trillion, according to the report. In addition to this, billionaires’ wealth has soared by 81% since 2020, the charity said, calling the past “a good decade for billionaires”.The rich have gotten wealthier,…

European leaders have condemned President Donald Trump’s threat to impose tariffs on countries that resist his plan to take over Greenland, warning that the move risks sending transatlantic relations into a “dangerous downward spiral.”In a joint statement Sunday, the eight countries targeted by President Trump’s new tariffs said they stood “in full solidarity” with Denmark and the people of Greenland, Denmark’s semi-autonomous territory.Recommended stories list of 4 itemsend of listDenmark, Finland, France, Germany, the Netherlands, Norway, Sweden and the United Kingdom said in a statement: “Building on the process we started last week, we stand ready for a dialogue based…

Firefighters in Pakistan’s southern port city of Karachi finally extinguished a fire at a high-rise shopping plaza on Sunday after nearly 24 hours of efforts. The fire killed six people, including a firefighter, and left dozens missing, authorities said. The city’s chief rescue officer, Dr. Abid Jalal Sheikh, said the fire broke out late on Saturday at Garh Plaza and quickly spread through stores stocking cosmetics, clothing and plastic products. Murad Ali Shah, chief minister of Sindh province, whose capital is Karachi, said the fire had been extinguished and a search was underway for dozens of missing people. Earlier, authorities…

U.S. President Donald Trump speaks during a meeting with NATO Secretary General Mark Rutte in the Oval Office of the White House on October 22, 2025, in Washington, DC. Kevin Lamarque | Reuters If economic sanctions are meant to apply pressure without firing a shot, then President Donald Trump has directly targeted America’s closest military ally.President Trump announced on Saturday that starting February 1, the United States will impose a 10% tariff on imports from eight NATO members: Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland. In a post on Truth Social, President Trump suggested that…

HONG KONG (AP) – China’s economy expanded at an annual rate of 5% in 2025, supported by strong exports despite U.S. President Donald Trump’s tariffs.However, the government announced on Monday that growth slowed to 4.5% in the last quarter of the year. This was the slowest quarterly growth since late 2022, at the height of the coronavirus pandemic. The world’s second largest economy grew rapidly Annual rate of 4.8% in the previous quarter. china Leaders have sought to foster faster growth after the economic recession. real estate market And the disruption caused by the pandemic spread throughout the economy. As…

Emma Laducanu was thrilled with her straight-sets win in the Australian Open opener on Sunday, but insisted she could “improve a lot more”.Despite getting off to a slow start against Thailand’s world No. 195 Manachaya Sawankeo, Radukanu won 10 of her final 11 matches and cruised to a 6-4, 6-1 victory. The 23-year-old was rushed to prepare for the tournament due to injury, but only returned to the court in late December as a result of lingering foot problems since the end of last season. Twitter This content is provided by Twittercookies and other technologies may be used. To view…

Hsinchu, Taiwan – April 16: The entrance to the factory of Taiwan Semiconductor Manufacturing Company (TSMC), a Taiwanese multinational semiconductor contract manufacturing and design company, in Hsinchu, Taiwan, on April 16, 2025. Daniel Cheng | Anadolu | Getty ImagesThe U.S.-Taiwan deal aimed at expanding chip production capacity in the U.S. makes it unlikely that the U.S. government will completely withdraw from Taiwan’s cutting-edge semiconductors anytime soon, and the so-called “silicon shield” remains largely intact for now, multiple analysts told CNBC.Taiwan dominates global chip production, with Taiwan Semiconductor Manufacturing Company producing most of the world’s most advanced chips. It is estimated…

People celebrate the New Year during a ceremony at the Juyongguan Great Wall (also known as Juyongguan) in Beijing, China, January 1, 2026. Maxim Shemetov | ReutersAsia-Pacific markets were mostly lower on Monday as investors assessed the Trump administration’s threat to Greenland over the weekend and focused on key economic indicators from China. Over the weekend, US President Donald Trump and European leaders engaged in tense exchanges over Arctic territory, with Trump threatening to impose tariffs on eight European countries and demanding control of Greenland, which is part of Denmark.European leaders responded by calling the threat “completely wrong” and “unacceptable.”In…

Manila AP — Japan and the Philippines signed a defense pact on Thursday that allows the two militaries to provide tax-free supplies of ammunition, fuel, food and other essentials as they conduct joint exercises to boost deterrence against China’s growing aggression in the region and strengthen preparedness against natural disasters. Japan faces increasing political, trade and security tensions with China, and China was incensed by Prime Minister Sanae Takaichi’s comments that China’s actions against Taiwan could prompt Japanese intervention. Japan and the Philippines also have separate territorial disputes with China in the East and South China Seas, and those disputes…

Rory McIlroy has identified areas of his game to work on ahead of the Hero Dubai Desert Classic, saying he “learned a lot” in the final stages of his bid for the title at the Dubai Invitational. In an eventful first start to 2026, McIlroy birdied four of the last six holes with an opening-round 66, hit the water four times with a second-round 74, and then shot back-to-back 68s over the weekend to tie for third place, two strokes behind Nacho Elvira. McIlroy entered the final day with a three-stroke lead, and in the next three holes he had…