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General World News
High-Speed Train Collision in Spain Leaves at Least 39 Dead
In a devastating event, at least 39 individuals lost their lives when two trains collided in southern Spain on Sunday, marking the country’s most severe rail accident in over a decade. The collision occurred as a Madrid-bound train, after derailing, crashed into another train near Adamuz. Emergency services are tending to numerous casualties, with a significant number still hospitalized. An investigation into the cause of the crash is underway.
Read More →Credit-Score Firm Encouraged Borrowing: A Close Brush with Debt Freedom
A woman near clearing a £10,000 credit card debt recounts her experience with a credit-rating agency that promoted further borrowing. Experian's practices raise concerns about the pressure on vulnerable UK consumers, amid criticism that such offers can worsen financial struggles for individuals on the verge of debt freedom.
Read More →UN Chief Criticizes U.S. for Prioritizing Power Over International Law
Antonio Guterres, the United Nations Secretary-General, criticized the United States for prioritizing its own power over international law in a BBC interview, highlighting challenges to multilateralism under the current U.S. administration.
Read More →Technology News
Study Reveals True Cost of Climate Change: Ocean Damages Nearly Double SCC Estimates
A groundbreaking study from the University of California, San Diego, has recalculated the social cost of carbon, nearly doubling previous estimates by incorporating ocean damage. The findings highlight the substantial economic impact of coral loss, fisheries disruption, and coastal infrastructure damage, underscoring the importance of including ocean-related factors in climate finance measurements.
Read More →Meta Shuts Down Supernatural VR Fitness Amid Expansive Layoffs
Tencia Benavidez, a resident of rural New Mexico, embraced VR workouts through Supernatural during the Covid pandemic, valuing its community and coaching. Despite Meta's controversial acquisition of Supernatural, the tech giant recently laid off significant staff and closed multiple VR projects after incurring massive losses.
Read More →NASA Prepares SLS Rocket for Historic Artemis II Mission
NASA's Space Launch System (SLS) rocket, essential for the Artemis II mission, is set to embark on its journey to the launch pad at Florida's Kennedy Space Center. This mission marks a monumental step in space exploration, being the first human journey to the Moon's vicinity since the Apollo missions.
Read More →Business & Finance
Trump Threatens Lawsuit Against JPMorgan Chase for Alleged 'Debanking'
President Donald Trump announced plans to sue JPMorgan Chase for allegedly closing his accounts due to political reasons. He accused the bank of 'debanking' following the Capitol riot on January 6, 2021. JPMorgan denies closing accounts based on political beliefs. The situation adds to ongoing tensions between Trump and major financial institutions.
Read More →AI's Broad Influence on Markets: Beyond Chips and Software
Artificial intelligence is transforming a variety of sectors such as energy markets, infrastructure spending, and portfolio building, pushing it beyond a niche technology trade. Experts on CNBC's "ETF Edge" highlight the need for investors to expand their focus from just chips and software to capture the next wave of value creation. AI's evolution has resulted in significant opportunities for small- and mid-cap companies, along with a renewed interest in nuclear energy, emphasizing the importance of reliable and efficient power supply.
Read More →Kevin Hassett Suggests Banks Provide Voluntary Credit to Underserved Americans
Kevin Hassett, the director of the National Economic Council, proposes that U.S. banks voluntarily offer credit cards to underserved Americans, addressing President Trump's push on affordability. This proposal is presented as an alternative to Trump's suggestion of capping credit card interest rates at 10%, which faced industry backlash.
Read More →Featured Article
The Unseen Force: R.Coman's 'Gravity' and the Art of the Subtle Hit
Every so often, a musical piece emerges that bypasses the industry's noise, instead building a following through genuine merit
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