India’s Modi may tackle economic slowdown, impending trade turmoil in annual budget

Indian Prime Minister Narendra Modi may seek to shore up faltering economic growth, placate a middle class squeezed by high prices and low wage growth, and prepare for an uncertain year of global trade in the nation’s budget this week. Finance Minister Nirmala Sitharaman will present the budget for the next fiscal year on Feb. […]

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High-Flyer, the AI quant fund behind China’s DeepSeek

Quantitative hedge fund, High-Flyer, built a 100 billion yuan ($13.79 billion) portfolio using artificial intelligence models to make investment decisions, but in 2023 decided to change track to focus on developing the most cutting-edge AI. In a post on its official WeChat account, Hangzhou Huanfang Technology Ltd Co., as the company is officially called, said […]

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US Senate Democrats block bill to sanction international court over Israel

U.S. Senate Democrats on Tuesday blocked a Republican-led effort to sanction the International Criminal Court in protest of its arrest warrants for Israeli Prime Minister Benjamin Netanyahu and his former defense minister over Israel’s campaign in Gaza. The chamber voted 54-45 in favor of the bill, meaning the measure could not get the 60 yes […]

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China promises to take back illegal migrants after Trump threats

China pledged to accept the return of undocumented Chinese citizens in the US, after President Donald Trump threatened to hit Colombia with tariffs of up to 50% for refusing to take back deported migrants. “China will receive people who are confirmed as Chinese nationals from the mainland after verification,” Chinese Foreign Ministry spokeswoman Mao Ning […]

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“Just bread and tea”: WFP says aid cuts to Afghanistan leave millions hungry this winter

The head of the World Food Programme in Afghanistan says the agency can only feed half the millions of Afghans in need after cuts in international aid and an impending freeze in U.S. foreign funding. Many people were living on just “bread and tea”, WFP Country Director Hsiao-Wei Lee told Reuters. Afghanistan was tipped to […]

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Gaza residents stream home to the north after hostage breakthrough

Tens of thousands of Palestinians streamed along the main roads leading north in Gaza on Monday, jubilant to be returning home after months of living in temporary shelter but fearing what might remain of their homes amid the bombed-out ruins. Their return, which had been delayed at the weekend, went ahead after Hamas agreed to […]

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World’s largest hydroelectric dam in Tibet, China assures India

China has approved the construction of the world’s largest hydroelectric dam. Through this, Beijing is starting an ambitious project on the eastern side of the Tibetan Plateau that could have a huge impact on neighboring countries. However, China has assured India that it will not seek to benefit itself at the expense of its neighbors. […]

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More than 13,000 children killed, 25,000 injured in Gaza: UN

The 15-month-long Israeli offensive in Gaza has taken a devastating toll on children. According to the United Nations, more than 13,000 children have been killed, an estimated 25,000 injured and at least 25,000 hospitalized due to malnutrition. Arab News reported on Sunday (January 26). Britain’s deputy UN ambassador James Kariuki recently told the Security Council […]

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Nearly 30% of Syrians want to go home, up from almost zero: UN refugee chief

The shift is based on an assessment done by the UN in January, weeks after Assad was ousted by Islamist rebels, bringing an abrupt end to a 13-year civil war that had created one of the biggest refugee crises of modern times. Almost 30% of the millions of Syrian refugees living in Middle Eastern countries […]

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Trump says Jordan, Egypt should take in Palestinians from Gaza; Egypt and Jordan push back

U.S. President Donald Trump said Jordan and Egypt should take in Palestinians from war-ravaged Gaza, a suggestion rejected by Hamas, the Palestinian militant group that runs the enclave, and apparently rebuffed by Jordan and Egypt. Asked if this was a temporary or long-term solution for Gaza, where Israel’s military assault has caused a dire humanitarian […]

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