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Tuesday, December 9, 2025
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TikTok US Deal: Trump Extends Deadline to December – Reuters

by Lucas Fernandez – World Editor September 17, 2025
written by Lucas Fernandez – World Editor

TikTok US Sale Deadline ⁣Extended to December Following Ministerial ‌Talks

MADRID – The potential sale of TikTokS ‍US operations⁢ has received a further extension, wiht​ a new deadline set for‍ December, following a two-day ministerial consultation between the‍ United States and China held ⁢in Madrid, Spain, this week. the agreement, reached‌ on September 15th,⁤ paves‌ the way for a‍ final confirmation from former President Donald Trump in a scheduled phone call‍ with ‌Chinese President Xi Jinping on September 19th.

The continued negotiations center on addressing US national security concerns surrounding TikTok’s Chinese ownership. The delay offers both parties additional time to finalize details of a deal that would allow TikTok to continue operating in the ‌US market, impacting over 170 million American users and a significant portion of the digital advertising landscape. The​ framework of the agreement⁣ builds upon previous discussions and aims to ⁣establish safeguards for user data and algorithmic transparency.

Prior ​to these talks,a deal had been anticipated,but complexities surrounding data security and potential Chinese government influence required further deliberation. The‍ extension to December provides a critical window for both governments to navigate these challenges and possibly avert ⁣a ban of the popular⁢ video-sharing app within the United States.

September 17, 2025 0 comments
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World

Israel Launches Ground Invasion of Gaza City | Reuters

by Lucas Fernandez – World Editor September 17, 2025
written by Lucas Fernandez – World Editor

UN Examination Accuses Israeli Leadership of ⁤Inciting Genocide as Ground ‌Operations Intensify in Gaza City

Gaza Strip ‍ – A United nations investigation committee ​announced its presence ⁢in the Gaza Strip today, delivering a stark assessment:⁣ Israel‘s top leadership, including Prime Minister Benjamin Netanyahu, has incited‌ genocide. The committee certified this‌ finding following an investigation‍ into the ongoing conflict.Israel has vehemently rejected ⁤the ⁤accusation.

The report arrives as ​Israeli forces have ⁣deepened their ground⁢ invasion of gaza City, with ⁤Defense Minister Yoav Gallant declaring​ that Gaza is “on fire.” The⁢ escalating⁢ conflict, already claiming thousands of lives, raises urgent questions ⁤about ‍potential war ⁤crimes⁢ and ⁤the humanitarian crisis unfolding within the densely populated territory. the​ UN‌ investigation’s findings add a new layer of international​ scrutiny to Israel’s⁣ military actions and the rhetoric surrounding them,perhaps impacting future legal ​proceedings‌ and diplomatic ⁤efforts.

September 17, 2025 0 comments
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World

Medvedev Warns Europe Over Frozen Russian Assets – Reuters

by Lucas Fernandez – World Editor September 16, 2025
written by Lucas Fernandez – World Editor

Medvedev Vows Retaliation if West Seizes Russian Assets

MOSCOW, Oct 26 – Former Russian President Dmitry Medvedev warned ​Thursday that‍ Russia will pursue “every ⁣means possible” to retaliate against European Union countries ‍should the West seize ​Russian assets, including measures taken “outside of courts.” The threat comes⁤ as debate ⁢intensifies over utilizing frozen Russian funds to aid Ukraine‘s reconstruction.

Medvedev’s statement, reported by Russian state news agency RIA, specifically targeted “the EU member ​states, the corrupt European Commissioners, and the members of ⁣the country that sought ‌to take away our wealth.” He accused such actions of being “theft” and warned they would erode confidence in U.S. ⁣and European financial systems. The escalating rhetoric underscores the high stakes surrounding the potential seizure of approximately $285‌ billion in foreign direct investment ⁤held by Western ‌countries within Russia, which Moscow suggests could be subject to countermeasures.

European nations maintain Russia is responsible for the devastation ‌in ukraine‌ and should be compelled to provide compensation. However, concerns are growing ⁢among some financial officials that seizing a nation’s assets could set a perilous precedent, ⁣potentially deterring foreign investment​ in Western ⁤government bonds. The debate centers on balancing accountability for the war‍ in Ukraine with‌ the potential for broader economic repercussions.

September 16, 2025 0 comments
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Business

Takaichi Risk: Why Yen Bond Rates Remain Calm After Resignation

by Priya Shah – Business Editor September 11, 2025
written by Priya Shah – Business Editor

Ultra-Long Term‍ Interest Rates Remain Stable‍ After Prime Minister’s Resignation, Easing‌ “Takaichi Risk” Concerns

TOKYO, April 8 – Despite ⁣recent political ‍upheaval, ultra-long-term interest rates in Japan have not surged following Prime Minister Fumio Kishida’s resignation, prompting some market analysts to suggest the previously⁣ feared‌ “Takaichi risk” may have been overstated. Concerns centered around potential policy shifts under a ⁤different leadership, specifically ‌referencing economic policy ‌proposals associated ‍with Sanae Takaichi,⁢ a prominent figure within‍ the ⁤Liberal Democratic Party.The stability offers‍ a ‌temporary reprieve to‌ Japanese financial ⁣institutions, particularly life insurance companies, grappling with unrealized losses on​ long-term government bonds ‍and stock holdings ​amid rising interest rates. Market participants had braced‌ for a potential spike in 30-year interest rates,⁢ perhaps revisiting record highs, should a leader ⁢with markedly different economic views assume office. ⁢Though,the current calm suggests those fears were premature.

Ohara of Sumitomo Life insurance highlighted‍ an anticipated‌ increase in pressure for “end-of-year bond ‍selling” beginning in⁢ September, as life insurers seek to⁣ mitigate losses on ultra-long-term government bonds and Japanese stocks impacted by‍ rising rates and stock prices. This selling​ pressure is expected to persist through late⁣ September, ⁤as companies attempt to adjust portfolios before the fiscal year-end.

A source within the market,⁢ speaking on condition of anonymity, warned in early April that preparations should be made for a scenario mirroring previous⁢ market reactions, specifically referencing the potential impact of Takaichi’s policies. Despite this earlier caution, the market’s reaction to the prime minister’s departure has been muted, at least in the ultra-long-term​ interest rate sector.

September 11, 2025 0 comments
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World

Anti-corruption protesters in Nepal defy curfew, government lifts social media ban

by Lucas Fernandez – World Editor September 9, 2025
written by Lucas Fernandez – World Editor

Nepal Lifts Social Media‌ Ban as Protesters Defy Curfew Amid Corruption Concerns

Kathmandu, ‌Nepal – Defying a ​government-imposed curfew, anti-corruption‌ protesters took to the streets of ‍Nepal’s⁤ capital on Tuesday, demanding accountability from officials implicated in‌ widespread graft. In response to the demonstrations, the Nepali government has lifted a recent ban on social media platforms, including X (formerly Twitter), Facebook, and TikTok, which had been implemented to quell​ the⁢ growing unrest.

The protests, fueled ​by allegations of corruption involving high-ranking officials and‍ concerns over a proposed ​anti-corruption bill perceived as weakening investigative ​powers, represent a significant challenge to Prime Minister Pushpa kamal Dahal’s administration. The lifting of the social media ban signals a potential shift in the ⁣government’s approach to managing‍ the crisis, though the underlying ⁢issues of corruption and public trust remain unresolved. The demonstrations highlight a growing frustration among Nepalis with perceived impunity and⁣ a lack of transparency within the government,possibly impacting future political⁤ stability and⁤ economic‌ progress.

Thousands gathered in‍ Kathmandu’s Basantapur area,⁣ chanting slogans ‌against corruption and demanding the resignation of those accused of wrongdoing. police initially attempted to disperse the ‍crowds, ⁢but protesters largely remained ⁣defiant, ‌leading to minor clashes.Reports indicate several protesters were‍ detained, though the exact number remains unclear.

“We are ⁣here to‌ demand a⁣ clean government and an⁣ end ‍to corruption,” ⁣said activist⁤ Subash ‌Thapa, speaking to Reuters amidst the protests.⁢ “The people of Nepal ​have had enough. We will not be⁤ silenced.”

The government initially justified the social media ban, ‌implemented on monday, as a measure to maintain law ‍and order and prevent the spread of misinformation. However, the move drew sharp criticism from ‌rights groups and international observers, who ​condemned it as a ⁢violation of freedom of expression. ‌

“Restricting access to information and interaction technologies is not a solution to addressing social ⁣unrest,” said‍ a statement released by Amnesty International. “The Nepali government must respect the rights‍ of ⁤its citizens to peaceful assembly and freedom of expression.”

The protests were sparked by allegations surrounding⁣ a recent corruption scandal involving a contract to import chemicals‍ for​ a state-owned enterprise. The proposed anti-corruption bill,‍ which critics say would limit the authority of the anti-graft agency, further inflamed public anger.

The⁣ government ‌has yet to‌ respond directly to the protesters’ ⁢demands,⁤ but officials have indicated they are ⁢open to dialogue.‍ The situation remains fluid, and further protests are expected in the coming days. The outcome of this crisis will likely shape Nepal’s​ political landscape and determine‍ the ⁤government’s ability ​to address the deep-rooted issues of corruption⁤ that plague the nation.

September 9, 2025 0 comments
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Business

Dollar Falls Amid Yen Weakness and Political Resignation

by Priya Shah – Business Editor September 9, 2025
written by Priya Shah – Business Editor

dollar Falls as Markets React to Japanese political Shift, Await⁤ Key CPI Data

NEW YORK, August 11 – The U.S. dollar declined in foreign exchange‌ markets today as investors digested the unexpected resignation ⁣of Japanese ⁤Prime Minister Ishiba and focused on the upcoming release of U.S. Consumer Price Index (CPI) data. The Australian‍ dollar rose 0.5% to 0.6590 US dollars, ⁤while the New Zealand dollar gained 0.8% to 0.5938 US dollars.

The yen weakened considerably following Ishiba’s announcement, prompting a reassessment of monetary ⁤policy expectations in japan and contributing ⁤to broader dollar weakness. Market participants are now closely watching the ‌August CPI figures, scheduled for release later today, for clues about the future trajectory of U.S. interest rates and potential impacts on the dollar’s value.A higher-than-expected CPI reading ​could strengthen the dollar, while a lower reading might accelerate its decline.

This‌ shift in currency valuations comes ​amid ongoing global economic uncertainty‌ and fluctuating investor sentiment. The resignation of a key political figure in Japan adds another layer of complexity to ​the international financial landscape, potentially influencing investment flows and trade dynamics. The CPI data will be ​a critical indicator for the⁢ Federal Reserve as it considers ⁢its next steps ‌regarding monetary policy, with implications for businesses, consumers, and global markets.

(Table based on LSEG data – Foreign exchange market)

Thomson Reuters Principles of Trust.

September 9, 2025 0 comments
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