Spain PM rejects war, responds to trade threat over air base dispute
Spanish Prime Minister Pedro Sánchez has strongly criticized the ongoing military strikes against Iran, describing the escalation in the Middle East as a “disaster” and warning that the world cannot risk repeating the mistakes of history. His remarks come shortly after a trade threat was issued to Spain in response to Madrid’s refusal to allow two jointly operated military bases on Spanish territory to be used in the strikes. In a televised address, Sánchez emphasized the dang
Spain PM rejects war, responds to trade threat over air base dispute
Spanish Prime Minister Pedro Sánchez has strongly criticized the ongoing military strikes against Iran, describing the escalation in the Middle East as a “disaster” and warning that the world cannot risk repeating the mistakes of history. His remarks come shortly after a trade threat was issued to Spain in response to Madrid’s refusal to allow two jointly operated military bases on Spanish territory to be used in the strikes. In a televised address, Sánchez emphasized the dang
India Set to Buy Five More Russian S‑400 Air Defence Squadrons After Operation Sindoor Success
India is preparing to buy five additional squadrons of the Russian‑made S‑400 Triumf long‑range air defence missile system, a plan driven by the system’s highly effective performance during last year’s Operation Sindoor. The move aims to significantly bolster the Indian Air Force’s layered air defence network across both eastern and western fronts against evolving aerial threats. Defence ministry sources say the proposal from the Indian Air Force will soon be taken up fo
India Set to Buy Five More Russian S‑400 Air Defence Squadrons After Operation Sindoor Success
India is preparing to buy five additional squadrons of the Russian‑made S‑400 Triumf long‑range air defence missile system, a plan driven by the system’s highly effective performance during last year’s Operation Sindoor. The move aims to significantly bolster the Indian Air Force’s layered air defence network across both eastern and western fronts against evolving aerial threats. Defence ministry sources say the proposal from the Indian Air Force will soon be taken up fo
Route 22 Lane Closures in North Plainfield, New Jersey to Last Two Weeks
Drivers traveling along Route 22 in North Plainfield should prepare for delays over the next two weeks as lane closures take effect for construction work. Beginning at 9 a.m. today, the left lane and shoulder on both eastbound and westbound sides of Route 22 will be closed between Malcolm Avenue and the Walmart Shopping Center. Officials said the traffic adjustment is necessary to carry out repairs to the concrete median barrier in the area, part of a broader effort to maintain and strengthen ro
Route 22 Lane Closures in North Plainfield, New Jersey to Last Two Weeks
Drivers traveling along Route 22 in North Plainfield should prepare for delays over the next two weeks as lane closures take effect for construction work. Beginning at 9 a.m. today, the left lane and shoulder on both eastbound and westbound sides of Route 22 will be closed between Malcolm Avenue and the Walmart Shopping Center. Officials said the traffic adjustment is necessary to carry out repairs to the concrete median barrier in the area, part of a broader effort to maintain and strengthen ro
Possible terrorism under investigation after Austin bar shooting kills 2, injures 14
Federal authorities are investigating whether a deadly shooting at a bar in Austin, Texas, may have been an act of terrorism after two people were killed and 14 others injured in a late-night attack that has shaken the city. The violence unfolded within hours of US airstrikes against Iran, prompting questions about whether the timing was coincidental or connected to broader geopolitical tensions. Officials have cautioned that the investigation remains in its early stages and that conclusions sho
Possible terrorism under investigation after Austin bar shooting kills 2, injures 14
Federal authorities are investigating whether a deadly shooting at a bar in Austin, Texas, may have been an act of terrorism after two people were killed and 14 others injured in a late-night attack that has shaken the city. The violence unfolded within hours of US airstrikes against Iran, prompting questions about whether the timing was coincidental or connected to broader geopolitical tensions. Officials have cautioned that the investigation remains in its early stages and that conclusions sho
Zelenskyy urges Trump to maintain US support for Ukraine war effort
As the Russia-Ukraine war entered its fourth year, Ukrainian President Volodymyr Zelenskyy issued a direct appeal to former US President Donald Trump, urging continued American backing for Kyiv in its ongoing fight against Moscow. The Ukrainian leader emphasized that sustained US support remains critical as the conflict with Russia shows no signs of resolution. In an interview ahead of the February 24 anniversary marking Russia’s full-scale invasion in 2022, Zelenskyy stressed the strategi
Zelenskyy urges Trump to maintain US support for Ukraine war effort
As the Russia-Ukraine war entered its fourth year, Ukrainian President Volodymyr Zelenskyy issued a direct appeal to former US President Donald Trump, urging continued American backing for Kyiv in its ongoing fight against Moscow. The Ukrainian leader emphasized that sustained US support remains critical as the conflict with Russia shows no signs of resolution. In an interview ahead of the February 24 anniversary marking Russia’s full-scale invasion in 2022, Zelenskyy stressed the strategi
Modi’s Israel visit to deepen defence and innovation ties, says envoy
Israel’s Ambassador to India, Reuven Azar, on Monday expressed enthusiasm ahead of Prime Minister Narendra Modi’s upcoming visit, describing it as a significant step forward in strengthening India-Israel relations. The visit, scheduled for February 25, is expected to accelerate cooperation across defence, technology, and economic sectors, reflecting the growing depth of the strategic partnership between the two nations. In a video message shared on social media, Azar said Israel was l
Modi’s Israel visit to deepen defence and innovation ties, says envoy
Israel’s Ambassador to India, Reuven Azar, on Monday expressed enthusiasm ahead of Prime Minister Narendra Modi’s upcoming visit, describing it as a significant step forward in strengthening India-Israel relations. The visit, scheduled for February 25, is expected to accelerate cooperation across defence, technology, and economic sectors, reflecting the growing depth of the strategic partnership between the two nations. In a video message shared on social media, Azar said Israel was l
Dulcinea Panadería brings authentic Oaxacan flavors to San Jose
The rich, inviting aroma that greets customers at Dulcinea Panadería Oaxaqueña in downtown San Jose is often enough to draw them in before they even reach the display cases. Inside, visitors are met with an extensive selection of more than 100 varieties of cookies, pastries, breads, and cakes, most prepared fresh each day. The bustling bakery represents years of persistence and reinvention by owner Monse Barrita, whose journey into the food business has been anything but conventional.
Dulcinea Panadería brings authentic Oaxacan flavors to San Jose
The rich, inviting aroma that greets customers at Dulcinea Panadería Oaxaqueña in downtown San Jose is often enough to draw them in before they even reach the display cases. Inside, visitors are met with an extensive selection of more than 100 varieties of cookies, pastries, breads, and cakes, most prepared fresh each day. The bustling bakery represents years of persistence and reinvention by owner Monse Barrita, whose journey into the food business has been anything but conventional.
Global reaction after Supreme Court rules Trump exceeded tariff authority
World leaders and policymakers reacted quickly on Friday after the Supreme Court of the United States ruled that President Donald Trump exceeded his legal authority by imposing sweeping global tariffs, a decision that effectively blocks a key component of his trade policy agenda. The ruling has prompted governments and market observers worldwide to evaluate the potential consequences for international trade, economic stability, and future US trade relations. Speaking at a White House breakfa
Global reaction after Supreme Court rules Trump exceeded tariff authority
World leaders and policymakers reacted quickly on Friday after the Supreme Court of the United States ruled that President Donald Trump exceeded his legal authority by imposing sweeping global tariffs, a decision that effectively blocks a key component of his trade policy agenda. The ruling has prompted governments and market observers worldwide to evaluate the potential consequences for international trade, economic stability, and future US trade relations. Speaking at a White House breakfa
Zelensky warns of massive Russian attacks on Ukraine energy targets
Ukrainian President Volodymyr Zelensky on Monday warned that Russia is expected to continue launching large-scale strikes targeting Ukraine’s energy infrastructure, citing fresh intelligence assessments. The warning comes amid ongoing hostilities in the Ukraine war, now approaching its fourth year, and underscores growing concerns in Kyiv about the resilience of the country’s power grid during continued missile and drone attacks. Speaking about the latest intelligence findings, Zelensky
Zelensky warns of massive Russian attacks on Ukraine energy targets
Ukrainian President Volodymyr Zelensky on Monday warned that Russia is expected to continue launching large-scale strikes targeting Ukraine’s energy infrastructure, citing fresh intelligence assessments. The warning comes amid ongoing hostilities in the Ukraine war, now approaching its fourth year, and underscores growing concerns in Kyiv about the resilience of the country’s power grid during continued missile and drone attacks. Speaking about the latest intelligence findings, Zelensky
Apple Podcasts to add seamless video podcast support this spring
Apple announced on Monday that it plans to introduce a new integrated video podcast experience within Apple Podcasts later this spring, marking a significant step as video consumption continues to reshape the global podcast industry. The update is designed to give listeners and viewers greater flexibility while providing creators with expanded tools to distribute and monetize their content more effectively. The company’s move comes amid strong growth in video podcast viewership. According
Apple Podcasts to add seamless video podcast support this spring
Apple announced on Monday that it plans to introduce a new integrated video podcast experience within Apple Podcasts later this spring, marking a significant step as video consumption continues to reshape the global podcast industry. The update is designed to give listeners and viewers greater flexibility while providing creators with expanded tools to distribute and monetize their content more effectively. The company’s move comes amid strong growth in video podcast viewership. According
Lufthansa strike forces hundreds of flight cancellations across Germany
Hundreds of Lufthansa flights were cancelled across Germany on Thursday after pilots and flight attendants launched coordinated strike action, disrupting travel plans for tens of thousands of passengers and straining operations at the country’s busiest airports. Aircraft operated by Germany’s largest carrier remained grounded at major hubs including Frankfurt and Munich as employees walked out in a dispute centered on pay, benefits and long-term employment conditions. The airlin
Lufthansa strike forces hundreds of flight cancellations across Germany
Hundreds of Lufthansa flights were cancelled across Germany on Thursday after pilots and flight attendants launched coordinated strike action, disrupting travel plans for tens of thousands of passengers and straining operations at the country’s busiest airports. Aircraft operated by Germany’s largest carrier remained grounded at major hubs including Frankfurt and Munich as employees walked out in a dispute centered on pay, benefits and long-term employment conditions. The airlin
Amtrak portal bridge cutover to disrupt NJ Transit service for one month
Amtrak will begin a significant phase of rail infrastructure work on Feb. 15 as crews transfer train operations from the aging Portal Bridge to the newly constructed Portal North Bridge across the Hackensack River, a month-long effort expected to disrupt regular service for thousands of daily commuters in northern New Jersey and New York City. The transition, commonly referred to as a cutover, is designed to prepare the new span to handle active rail traffic and marks a key step in a broader
Amtrak portal bridge cutover to disrupt NJ Transit service for one month
Amtrak will begin a significant phase of rail infrastructure work on Feb. 15 as crews transfer train operations from the aging Portal Bridge to the newly constructed Portal North Bridge across the Hackensack River, a month-long effort expected to disrupt regular service for thousands of daily commuters in northern New Jersey and New York City. The transition, commonly referred to as a cutover, is designed to prepare the new span to handle active rail traffic and marks a key step in a broader
Russia warns of countermeasures over Greenland militarisation
Russia has warned that it will respond with military countermeasures if Western nations expand their security presence in Greenland, escalating tensions around the strategically important Arctic territory and widening strains between Moscow, Washington and European capitals. Speaking to Russian lawmakers on Wednesday, Foreign Minister Sergei Lavrov said any move to militarise Greenland or establish military capabilities that could threaten Russia would prompt trigger a proportional
Russia warns of countermeasures over Greenland militarisation
Russia has warned that it will respond with military countermeasures if Western nations expand their security presence in Greenland, escalating tensions around the strategically important Arctic territory and widening strains between Moscow, Washington and European capitals. Speaking to Russian lawmakers on Wednesday, Foreign Minister Sergei Lavrov said any move to militarise Greenland or establish military capabilities that could threaten Russia would prompt trigger a proportional
Report charts Indian migration waves shaping UK economy and tech sector
A new white paper has underscored the deep and lasting contribution of the Indian diaspora to modern Britain, describing the community as the country’s most economically successful migrant group and a central force in national growth. The report, launched at the House of Lords on 5 February, traces decades of migration and documents how successive generations of Indian migrants have supported Britain’s recovery, innovation and competitiveness across multiple sectors of the economy.
Report charts Indian migration waves shaping UK economy and tech sector
A new white paper has underscored the deep and lasting contribution of the Indian diaspora to modern Britain, describing the community as the country’s most economically successful migrant group and a central force in national growth. The report, launched at the House of Lords on 5 February, traces decades of migration and documents how successive generations of Indian migrants have supported Britain’s recovery, innovation and competitiveness across multiple sectors of the economy.
Federal and Dallas officials outline joint crackdown on violent crime
Federal and local law enforcement leaders gathered Tuesday morning in Dallas to present a unified strategy aimed at addressing violent crime across the city and surrounding North Texas communities. The briefing, led by representatives from the Department of Justice and several investigative agencies, outlined ongoing enforcement efforts and emphasized closer coordination among federal, state and local authorities to disrupt criminal networks and improve public safety. Ryan Raybould, the United States Attorney for the Northern District of Texas, opened the press conference by describing violent crime as a top priority for federal prosecutors. He said the Justice Department is working alongside regional partners to pursue cases involving firearms offenses, drug trafficking, organized crime and repeat offenders. According to Raybould, combining investigative resources and intelligence-sharing has already strengthened cases brought before federal courts and increased the likelihood of long-term sentences for individuals responsible for serious offenses. Senior officials from multiple agencies attended the event, including Brian Garner, Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms and Explosives in Dallas; Joseph Tucker, Special Agent in Charge of the Drug Enforcement Administration; Jeremy Wright, Assistant Special Agent in Charge of the Federal Bureau of Investigation; Travis Pickard, Special Agent in Charge of Homeland Security Investigations; Christopher Altemus, Special Agent in Charge of IRS Criminal Investigation; and Major Eric Wilson of the Texas Department of Public Safety’s North Texas Criminal Investigation Division. Each agency highlighted its specific role in combating crime, from targeting illegal firearms and narcotics distribution to tracing financial crimes and dismantling trafficking operations. Garner said the ATF continues to focus on removing illegal guns from the streets and investigating firearm-related violence. Tucker noted that the DEA has increased operations against drug supply chains that often contribute to violent incidents, while Wright emphasized the FBI’s work in intelligence coordination and complex investigations involving gangs and organized groups. Pickard described HSI’s efforts to disrupt cross-border smuggling and related criminal enterprises, and Altemus explained how financial investigations conducted by IRS-CI help uncover money laundering tied to illegal activities. Dallas Police Chief Daniel Comeaux underscored the importance of partnerships between federal agents and local officers, calling collaboration essential to responding quickly to emerging threats. He said the department has seen benefits from joint task forces that allow investigators to share data and conduct targeted enforcement in neighborhoods experiencing higher crime rates. Officials said these efforts are intended not only to make arrests but also to deter future offenses and restore confidence among residents. Throughout the briefing, leaders stressed that sustained cooperation, combined with community engagement, remains central to their approach. They said continued operations, coordinated raids and prosecution strategies will aim to reduce violence, hold offenders accountable and improve safety across Dallas and the wider Texas region.
Federal and Dallas officials outline joint crackdown on violent crime
Federal and local law enforcement leaders gathered Tuesday morning in Dallas to present a unified strategy aimed at addressing violent crime across the city and surrounding North Texas communities. The briefing, led by representatives from the Department of Justice and several investigative agencies, outlined ongoing enforcement efforts and emphasized closer coordination among federal, state and local authorities to disrupt criminal networks and improve public safety. Ryan Raybould, the United States Attorney for the Northern District of Texas, opened the press conference by describing violent crime as a top priority for federal prosecutors. He said the Justice Department is working alongside regional partners to pursue cases involving firearms offenses, drug trafficking, organized crime and repeat offenders. According to Raybould, combining investigative resources and intelligence-sharing has already strengthened cases brought before federal courts and increased the likelihood of long-term sentences for individuals responsible for serious offenses. Senior officials from multiple agencies attended the event, including Brian Garner, Special Agent in Charge of the Bureau of Alcohol, Tobacco, Firearms and Explosives in Dallas; Joseph Tucker, Special Agent in Charge of the Drug Enforcement Administration; Jeremy Wright, Assistant Special Agent in Charge of the Federal Bureau of Investigation; Travis Pickard, Special Agent in Charge of Homeland Security Investigations; Christopher Altemus, Special Agent in Charge of IRS Criminal Investigation; and Major Eric Wilson of the Texas Department of Public Safety’s North Texas Criminal Investigation Division. Each agency highlighted its specific role in combating crime, from targeting illegal firearms and narcotics distribution to tracing financial crimes and dismantling trafficking operations. Garner said the ATF continues to focus on removing illegal guns from the streets and investigating firearm-related violence. Tucker noted that the DEA has increased operations against drug supply chains that often contribute to violent incidents, while Wright emphasized the FBI’s work in intelligence coordination and complex investigations involving gangs and organized groups. Pickard described HSI’s efforts to disrupt cross-border smuggling and related criminal enterprises, and Altemus explained how financial investigations conducted by IRS-CI help uncover money laundering tied to illegal activities. Dallas Police Chief Daniel Comeaux underscored the importance of partnerships between federal agents and local officers, calling collaboration essential to responding quickly to emerging threats. He said the department has seen benefits from joint task forces that allow investigators to share data and conduct targeted enforcement in neighborhoods experiencing higher crime rates. Officials said these efforts are intended not only to make arrests but also to deter future offenses and restore confidence among residents. Throughout the briefing, leaders stressed that sustained cooperation, combined with community engagement, remains central to their approach. They said continued operations, coordinated raids and prosecution strategies will aim to reduce violence, hold offenders accountable and improve safety across Dallas and the wider Texas region.
Green card holders barred from SBA small business loans under new US rules
Green card holders will no longer be eligible for government-backed small business loans in the United States beginning March 1, 2026, following a policy change by the US Small Business Administration that tightens citizenship and residency requirements for borrowers. The revised rules limit access to key SBA lending programs exclusively to US citizens and nationals who maintain their principal residence within the country or its territories, effectively barring lawful permanent residents from participation. According to an official policy notice issued in early February, the agency updated its Standard Operating Procedure 50 10 8, the framework that governs lender and development company loan programs. The revision rescinds earlier procedural guidance that permitted limited ownership by foreign nationals or certain residents living outside the United States. Under the new language, every direct and indirect owner of a small business applicant must meet the citizenship criteria. The SBA said the updated rules require 100 percent of ownership interests in any applicant or borrowing entity to be held by eligible US citizens or nationals. As a result, even minority ownership by a legal permanent resident will disqualify a company from receiving SBA-backed financing. The policy applies broadly to applicants, operating companies, and entities tied to the loan structure, leaving little flexibility for mixed-ownership businesses. The change is expected to affect a wide range of small and early-stage firms that rely on SBA loans for working capital, equipment purchases, and expansion. Many startups and family-owned enterprises depend on these lending programs because they offer lower interest rates and government guarantees that make financing more accessible. With the new restrictions in place, businesses that include green card holders among their owners may need to reconsider ownership arrangements or seek alternative sources of credit from private lenders. Agency officials indicated that the revisions align loan eligibility standards with existing federal regulations and a recent executive directive emphasizing stricter residency compliance. The policy will take effect for all new applications submitted on or after the effective date. Existing and prospective borrowers are being advised to review their ownership structures carefully to ensure continued eligibility under the updated requirements. The move marks a significant shift in how federal small business lending programs define qualification, narrowing access to public funds and reshaping the financing landscape for immigrant entrepreneurs. As the implementation date approaches, legal and financial advisers expect increased demand for guidance from affected business owners who must evaluate their options within the new framework.
Green card holders barred from SBA small business loans under new US rules
Green card holders will no longer be eligible for government-backed small business loans in the United States beginning March 1, 2026, following a policy change by the US Small Business Administration that tightens citizenship and residency requirements for borrowers. The revised rules limit access to key SBA lending programs exclusively to US citizens and nationals who maintain their principal residence within the country or its territories, effectively barring lawful permanent residents from participation. According to an official policy notice issued in early February, the agency updated its Standard Operating Procedure 50 10 8, the framework that governs lender and development company loan programs. The revision rescinds earlier procedural guidance that permitted limited ownership by foreign nationals or certain residents living outside the United States. Under the new language, every direct and indirect owner of a small business applicant must meet the citizenship criteria. The SBA said the updated rules require 100 percent of ownership interests in any applicant or borrowing entity to be held by eligible US citizens or nationals. As a result, even minority ownership by a legal permanent resident will disqualify a company from receiving SBA-backed financing. The policy applies broadly to applicants, operating companies, and entities tied to the loan structure, leaving little flexibility for mixed-ownership businesses. The change is expected to affect a wide range of small and early-stage firms that rely on SBA loans for working capital, equipment purchases, and expansion. Many startups and family-owned enterprises depend on these lending programs because they offer lower interest rates and government guarantees that make financing more accessible. With the new restrictions in place, businesses that include green card holders among their owners may need to reconsider ownership arrangements or seek alternative sources of credit from private lenders. Agency officials indicated that the revisions align loan eligibility standards with existing federal regulations and a recent executive directive emphasizing stricter residency compliance. The policy will take effect for all new applications submitted on or after the effective date. Existing and prospective borrowers are being advised to review their ownership structures carefully to ensure continued eligibility under the updated requirements. The move marks a significant shift in how federal small business lending programs define qualification, narrowing access to public funds and reshaping the financing landscape for immigrant entrepreneurs. As the implementation date approaches, legal and financial advisers expect increased demand for guidance from affected business owners who must evaluate their options within the new framework.
Ray Dalio flags risk of capital war as geopolitics unsettle global financial markets
Legendary investor Ray Dalio has cautioned that the global economy is approaching a dangerous tipping point, warning that mounting geopolitical frictions and unstable financial markets could trigger what he describes as a “capital war,” in which nations weaponize money, trade, and investment flows to exert influence over one another. Speaking at the World Governments Summit in Dubai, Dalio said the international system is not yet in such a conflict but is “on the brink,” with conditions that could quickly escalate. He described capital war as a scenario where governments restrict access to markets, impose sanctions, enforce capital controls, or use debt holdings and trade leverage to pressure rivals. According to Dalio, rising mistrust among major economies is increasing the likelihood of these tools being deployed more aggressively. He pointed to growing tensions between the United States and its allies and competitors as a key source of concern. Discussions surrounding Washington’s interest in Greenland, a Danish territory, as well as broader disagreements over trade and security policy, have unsettled investors. Dalio said some European holders of U.S.-denominated assets fear potential sanctions or restrictions, while American policymakers may worry about losing reliable foreign buyers for government debt. European investors have played a significant role in financing U.S. borrowing needs, accounting for a large share of foreign purchases of Treasurys in recent months. Any disruption to those flows could amplify volatility in global markets and increase funding pressures. Dalio noted that “capital, money, matters,” emphasizing that financial interdependence has become both a strength and a vulnerability for the global system. Since returning to office, President Donald Trump has introduced and, at times, rolled back punitive tariffs targeting several trading partners. Those policy shifts have added to market swings and uncertainty. Dalio said similar patterns in the past have often preceded broader economic confrontations, with governments imposing foreign exchange restrictions and tightening controls to protect domestic interests. Drawing parallels with history, he referenced periods leading up to major conflicts, when sanctions and trade barriers intensified rivalries between nations. He suggested that today’s environment could produce comparable strains, particularly in relations between the United States and China, or between the United States and Europe, where trade deficits and capital imbalances remain sensitive issues. Against this backdrop, Dalio reiterated his long-standing view that gold remains an effective hedge during periods of stress. Although prices have fluctuated recently, he said the precious metal continues to serve as a reliable diversifier for portfolios. Rather than focusing on short-term movements, he advised investors, central banks, and sovereign wealth funds to maintain a steady allocation to gold as protection against systemic risk. Ultimately, Dalio urged a disciplined approach to investing, stressing that diversification across assets and regions is the best defense in an increasingly uncertain economic landscape.
Ray Dalio flags risk of capital war as geopolitics unsettle global financial markets
Legendary investor Ray Dalio has cautioned that the global economy is approaching a dangerous tipping point, warning that mounting geopolitical frictions and unstable financial markets could trigger what he describes as a “capital war,” in which nations weaponize money, trade, and investment flows to exert influence over one another. Speaking at the World Governments Summit in Dubai, Dalio said the international system is not yet in such a conflict but is “on the brink,” with conditions that could quickly escalate. He described capital war as a scenario where governments restrict access to markets, impose sanctions, enforce capital controls, or use debt holdings and trade leverage to pressure rivals. According to Dalio, rising mistrust among major economies is increasing the likelihood of these tools being deployed more aggressively. He pointed to growing tensions between the United States and its allies and competitors as a key source of concern. Discussions surrounding Washington’s interest in Greenland, a Danish territory, as well as broader disagreements over trade and security policy, have unsettled investors. Dalio said some European holders of U.S.-denominated assets fear potential sanctions or restrictions, while American policymakers may worry about losing reliable foreign buyers for government debt. European investors have played a significant role in financing U.S. borrowing needs, accounting for a large share of foreign purchases of Treasurys in recent months. Any disruption to those flows could amplify volatility in global markets and increase funding pressures. Dalio noted that “capital, money, matters,” emphasizing that financial interdependence has become both a strength and a vulnerability for the global system. Since returning to office, President Donald Trump has introduced and, at times, rolled back punitive tariffs targeting several trading partners. Those policy shifts have added to market swings and uncertainty. Dalio said similar patterns in the past have often preceded broader economic confrontations, with governments imposing foreign exchange restrictions and tightening controls to protect domestic interests. Drawing parallels with history, he referenced periods leading up to major conflicts, when sanctions and trade barriers intensified rivalries between nations. He suggested that today’s environment could produce comparable strains, particularly in relations between the United States and China, or between the United States and Europe, where trade deficits and capital imbalances remain sensitive issues. Against this backdrop, Dalio reiterated his long-standing view that gold remains an effective hedge during periods of stress. Although prices have fluctuated recently, he said the precious metal continues to serve as a reliable diversifier for portfolios. Rather than focusing on short-term movements, he advised investors, central banks, and sovereign wealth funds to maintain a steady allocation to gold as protection against systemic risk. Ultimately, Dalio urged a disciplined approach to investing, stressing that diversification across assets and regions is the best defense in an increasingly uncertain economic landscape.
SAP shares slide after cloud backlog growth misses expectations in fourth quarter
Shares of German software company SAP fell sharply on Thursday after the company reported weaker-than-expected growth in its cloud contract backlog for the fourth quarter, unsettling investors and triggering its steepest one-day decline in more than four years. The stock dropped as much as 16% during the session, marking its largest daily fall since October 2020, when the company suffered a sharp sell-off following disappointing quarterly results. By the close of trading, SAP shares were at t
SAP shares slide after cloud backlog growth misses expectations in fourth quarter
Shares of German software company SAP fell sharply on Thursday after the company reported weaker-than-expected growth in its cloud contract backlog for the fourth quarter, unsettling investors and triggering its steepest one-day decline in more than four years. The stock dropped as much as 16% during the session, marking its largest daily fall since October 2020, when the company suffered a sharp sell-off following disappointing quarterly results. By the close of trading, SAP shares were at t
US museum to repatriate ancient Tamil Nadu bronzes to India
The Smithsonian’s National Museum of Asian Art in the United States has announced that it will return three historic bronze sculptures to India after concluding that the works were illegally removed from temple sites in Tamil Nadu. The decision follows an extensive provenance review of the museum’s South Asian collection and marks a significant step in addressing the long-standing issue of illicit trafficking of cultural heritage. The most prominent of the sculptures slated for return is a bronze depiction of Shiva Nataraja, dating to around A.D. 990. Created during the Chola period, the sculpture represents the Hindu deity Shiva in his cosmic dance, symbolizing the cycle of creation and destruction. The figure shows Shiva dancing upon a demon that embodies ignorance, encircled by a ring of fire and standing on a lotus base. Art historians regard this form as one of the most visually powerful and symbolically rich representations in Indian art, revered both within India and among global audiences. Alongside the Shiva Nataraja, the museum will repatriate a Somaskanda sculpture from the 12th century, also from the Chola period. This bronze depicts Shiva seated with his consort Parvathy and their son Skanda, reflecting devotional traditions that were central to temple worship in medieval South India. The third work to be returned is a 16th-century bronze titled Saint Sundarar With Paravai, dating to the Vijayanagar period, which portrays the revered Shaivite saint with his companion. The museum stated that the return of these works reflects its commitment to ethical museum practices and responsible stewardship. A comprehensive review was initiated to determine whether any objects in the collection had been unlawfully acquired. During this process, researchers uncovered evidence that raised serious concerns about the origins of the three bronzes. The Shiva Nataraja entered the museum’s collection in 2002 through a New York art gallery. Subsequent investigation revealed inconsistencies in the documentation associated with the acquisition, including the inability to verify the gallery’s listed address. Researchers later established that the sculpture appeared in photographs taken at a Tamil Nadu temple during the 1950s, confirming that it had been removed from its original religious setting. Further inquiry connected the gallery to a network involved in the trafficking of stolen antiquities. Court records have shown that individuals associated with this network engaged in smuggling cultural objects from South Asia and falsifying provenance records to introduce them into the international art market. In recent years, other institutions have also returned comparable works linked to the same sources. The Somaskanda and Saint Sundarar With Paravai sculptures were donated to the museum in 1987 as part of a major private collection. Their provenance came under scrutiny after a tip prompted researchers to consult archival material held by the French Institute of Pondicherry. Photographs from the 1950s in the institute’s archives showed both sculptures installed in temples in Tamil Nadu, providing clear evidence that they had been stolen and exported illegally. Experts note that bronze sculptures from South Indian temples have been frequent targets of theft due to their artistic value and global demand. Replicas have circulated widely in tourist markets, while original works disappeared from sacred sites, often leaving communities without objects of worship that had been central to their cultural and religious identity for centuries. The Smithsonian’s decision is being viewed as part of a broader international movement toward repatriation and accountability in the museum sector. By returning these sculptures, the institution acknowledges the importance of restoring cultural heritage to its place of origin and reinforces growing global standards for transparency and ethical collecting practices.
US museum to repatriate ancient Tamil Nadu bronzes to India
The Smithsonian’s National Museum of Asian Art in the United States has announced that it will return three historic bronze sculptures to India after concluding that the works were illegally removed from temple sites in Tamil Nadu. The decision follows an extensive provenance review of the museum’s South Asian collection and marks a significant step in addressing the long-standing issue of illicit trafficking of cultural heritage. The most prominent of the sculptures slated for return is a bronze depiction of Shiva Nataraja, dating to around A.D. 990. Created during the Chola period, the sculpture represents the Hindu deity Shiva in his cosmic dance, symbolizing the cycle of creation and destruction. The figure shows Shiva dancing upon a demon that embodies ignorance, encircled by a ring of fire and standing on a lotus base. Art historians regard this form as one of the most visually powerful and symbolically rich representations in Indian art, revered both within India and among global audiences. Alongside the Shiva Nataraja, the museum will repatriate a Somaskanda sculpture from the 12th century, also from the Chola period. This bronze depicts Shiva seated with his consort Parvathy and their son Skanda, reflecting devotional traditions that were central to temple worship in medieval South India. The third work to be returned is a 16th-century bronze titled Saint Sundarar With Paravai, dating to the Vijayanagar period, which portrays the revered Shaivite saint with his companion. The museum stated that the return of these works reflects its commitment to ethical museum practices and responsible stewardship. A comprehensive review was initiated to determine whether any objects in the collection had been unlawfully acquired. During this process, researchers uncovered evidence that raised serious concerns about the origins of the three bronzes. The Shiva Nataraja entered the museum’s collection in 2002 through a New York art gallery. Subsequent investigation revealed inconsistencies in the documentation associated with the acquisition, including the inability to verify the gallery’s listed address. Researchers later established that the sculpture appeared in photographs taken at a Tamil Nadu temple during the 1950s, confirming that it had been removed from its original religious setting. Further inquiry connected the gallery to a network involved in the trafficking of stolen antiquities. Court records have shown that individuals associated with this network engaged in smuggling cultural objects from South Asia and falsifying provenance records to introduce them into the international art market. In recent years, other institutions have also returned comparable works linked to the same sources. The Somaskanda and Saint Sundarar With Paravai sculptures were donated to the museum in 1987 as part of a major private collection. Their provenance came under scrutiny after a tip prompted researchers to consult archival material held by the French Institute of Pondicherry. Photographs from the 1950s in the institute’s archives showed both sculptures installed in temples in Tamil Nadu, providing clear evidence that they had been stolen and exported illegally. Experts note that bronze sculptures from South Indian temples have been frequent targets of theft due to their artistic value and global demand. Replicas have circulated widely in tourist markets, while original works disappeared from sacred sites, often leaving communities without objects of worship that had been central to their cultural and religious identity for centuries. The Smithsonian’s decision is being viewed as part of a broader international movement toward repatriation and accountability in the museum sector. By returning these sculptures, the institution acknowledges the importance of restoring cultural heritage to its place of origin and reinforces growing global standards for transparency and ethical collecting practices.
Keurig recalls over 80,000 decaf coffee pods that may contain caffeine
Keurig has issued a voluntary recall of more than 80,000 decaf coffee pods after discovering that the products may contain caffeine. The recall applies specifically to K-Cup pods labeled as McCafe Premium Roast Decaf Coffee, with a best-by date of November 17, 2026, and a UPC code of 043000073438. Consumers who purchased these pods are advised to check their inventory, as the product may not meet its labeled decaf specifications. The recall was initially announced on December 6, 2025,
Keurig recalls over 80,000 decaf coffee pods that may contain caffeine
Keurig has issued a voluntary recall of more than 80,000 decaf coffee pods after discovering that the products may contain caffeine. The recall applies specifically to K-Cup pods labeled as McCafe Premium Roast Decaf Coffee, with a best-by date of November 17, 2026, and a UPC code of 043000073438. Consumers who purchased these pods are advised to check their inventory, as the product may not meet its labeled decaf specifications. The recall was initially announced on December 6, 2025,









