Expansion of China's Trade-In Scheme China is extending its consumer trade-in program, originally launched in March 2024, to help stimulate demand in the struggling household sector. The scheme now includes additional home appliances such as microwave ovens, dishwashers, and rice cookers. In an effort to boost the digital goods market, subsidies are also being offered for products like smartphones, tablets, and smartwatches. Consumers who trade in old products can receive subsidies

Justin Trudeau's allegations against India likely contributed to his downfall in several ways. Firstly, his claims that India was involved in the killing of Khalistani militant Hardeep Singh Nijjar in Canada and was sponsoring criminal activities on Canadian soil were vehemently denied by New Delhi . This led to a diplomatic fallout, with India expelling six Canadian diplomats and recalling its envoy to Ottawa.  

US President-elect Donald Trump proposed using "economic force" to pressure Canada into becoming the 51st state of the United States, citing concerns over trade imbalances and the cost of US military assistance. Trump emphasized his intention to impose "substantial" tariffs on Canadian and Mexican goods to address these issues. "The US absorbing Canada would really be something," Trump sta

Elon Musk recently shared his concerns about the global population decline, labeling it as humanity’s greatest threat. Musk's post on X (formerly Twitter) included a graph that displayed projected population changes for several countries, including Nigeria, the US, Indonesia, and Pakistan, between 2018 and 2100. In his post, Musk agreed with the statement “Population collapse is humanity's greatest threat,” originally shared by the Tesla Owners Silicon Vall

Dallas-Fort Worth-Arlington has claimed the top spot as the No. 1 metropolitan area for relocation in 2024, according to U-Haul's Top U.S. Growth Metros and Cities report. This marks a significant leap for DFW, which climbed eight places from its No. 9 ranking in 2023—a proud achievement for the region. Sean Fullerton, president of U-Haul Company

The residential real estate segment, particularly luxury housing, saw remarkable growth in 2024, drawing increased interest from both end-users and buyers . As the Union Budget 2025-26 approaches, Finance Minister Nirmala Sitharaman is expected to unveil measures aimed at further supporting the real estate sector. Key areas of focus include reducing the GST burden on developers, reviving the Credit Linked Subsidy Schem

“Democracy Prevails”: Vice President Kamala Harris Certifies Donald Trump’s Return to the White House On Monday, Vice President Kamala Harris made a succinct yet powerful declaration to reporters in the Senate chamber when asked about presiding over the certification of the 2024 presidential election: “Democracy prevails.”

Canadian Prime Minister Justin Trudeau has officially announced his resignation as the leader of the ruling Liberal Party and confirmed that he will step down as prime minister once a new leader is chosen to succeed him. Here’s a detailed recap of the day’s key developments: Trudeau declared that "this country deserves a real choice

LONDON — In this historic election year, global governments faced a significant setback. The most notable defeat for Americans was Vice President Kamala Harris losing to President-elect Donald Trump. However, this is just one example of a broader trend seen across the globe, from India to Austria, Botswana to South Korea, and Britain to Uruguay. At the start of 2024, a media reported that the year would witness more elections than any other, with ove

On December 13, 2024, the United States and China signed a bilateral science and technology agreement, revising a 45-year-old pact. However, this new agreement limits research collaboration and narrows the scope of topics allowed for joint study, reflecting heightened concerns over international research security. Governments worldwide, including the U.S., European Union, Canada, and Japan, have introduced stricter measures to safeguard sensitive scientific data from foreign interference, esp

Severe Winter Storm Brings Snow, Ice, and Dangerous Travel Conditions Across Central U.S. A powerful winter storm swept through the central U.S. on Sunday, bringing snow, ice, high winds, and plummeting temperatures, creating hazardous travel conditions. The storm, described by the National Weather Service as potentially delivering the “heaviest snowfall in a decade,” affected millions acro

Canadian PM Trudeau Likely to Step Down Amid Growing Resignation Calls – Sources OTTAWA, Jan 5– Canadian Prime Minister Justin Trudeau is increasingly likely to announce his intention to step down, although no final decision has been made yet, according to a source familiar with the matter. The source, speaking on condition of anonymity, shared this insight after a media repor

Jill Biden received a stunning 7.5-carat synthetic diamond worth $20,000 from Prime Minister Narendra Modi during his visit to the US in June 2023. This gift has become the most expensive one received by the US first family in 2023, according to a State Department report .   However, Jill Biden won't be able to use the diamond personally, as it has been retained for official use in the Whit

South Korean authorities arrived at impeached President Yoon Suk Yeol's residence to execute an arrest warrant, marking a historic moment as it would be the first time an incumbent president faces arrest. Yoon is under investigation for insurrection due to his short-lived martial law declaration on December 3, which sparked widespread protests and led to his impeachment on December 14 ¹.  

2024 has been officially declared the hottest year in China’s history, with the national average temperature reaching 10.92°C (51.66°F), according to the China Meteorological Administration. This marks the fourth consecutive year of record-breaking heat in the country. The year witnessed the hottest month, July, along with the warmest August and autumn season on record. Global temperature records were also shattered, with the United Nations confirming that 2024 was set to be the

The arrival of New Year’s 2025 will be celebrated across the globe, starting with the Pacific island nations and moving westward as the clock strikes midnight in each time zone. The very first to welcome 2025 will be Kiribati, specifically Christmas Island (Kiritimati), at 5:00 am EST (3:30 pm IST). This remote island, located in the Pacific Ocean, enjoys the honor of being the first in the world to c

The U.S. Treasury Department recently suffered a major cybersecurity breach attributed to a China state-sponsored Advanced Persistent Threat (APT) actor. The hackers gained remote access to certain Treasury workstations and unclassified documents, sparking concerns about the potential theft of sensitive information ¹.   The breach was discovered on December 8, when the Treasury Department

The US economy is facing uncertainty ahead of Donald Trump's inauguration, with the Conference Board's Expectations Index dropping to a five-month low. This decline in consumer confidence is a significant concern, as it can have a ripple effect on the US stock market and the national economy ¹.   Rising inflation and interest rates, coupled with Trump's reportedly inflationary

Jimmy Carter, the 39th president of the United States, passed away at the age of 100. The Carter Center announced that he was surrounded by his family at his home in Plains, Georgia, during his final moments. Tributes from Leaders President Joe Biden: Described Carter as a “model of what it means to live a life of meaning and purpose”

India has initiated anti-dumping investigations into two Chinese products—nylon filament yarn and trimethyl dihydroquinoline (TDQ). The investigations were triggered by petitions from domestic companies, such as Century Enka Ltd., Gujarat Polyfilms Ltd., and Oriilon India Ltd., for nylon filament yarn, and NOCIL Ltd. for TDQ. The Directorate General of Trade Remedies (DGTR) is looking into whether these cheap imports from China and Vietnam have caused material harm to local industries.