China’s deflationary challenges continue to loom large, even as consumer inflation soars to a 21-month high, Reuters reports. Service prices are on the rise, yet factory-gate and wholesale goods stubbornly lag behind, highlighting the intricate economic obstacles that lie ahead
FIFA has issued a heartfelt apology to Argentina’s coach following the glove rule controversy during the World Cup trophy presentation, acknowledging their error and promising clearer guidelines for future tournaments
China is preparing to restrict access to Nvidia’s state-of-the-art H200 AI chips, even after recent export approvals were granted under the Trump administration, Reuters reports. This development underscores the ongoing tensions in US-China technology relations
India’s aviation regulator has ordered IndiGo to reduce its flights by 10% following a spike in cancellations, aiming to stabilize operations and enhance service reliability, Reuters reports
Australia’s upcoming social media ban is set to launch, marking a daring new era in digital regulation. As reported by Reuters, this groundbreaking policy could spark a global wave of online content crackdowns
Russia is gearing up to ramp up its LPG exports to China by a striking 40% in 2026, reveals consultancy Rystad Energy. This significant surge underscores deepening energy ties as Russia taps into new markets amid shifting global demand
Australia’s central bank held interest rates steady at 3.6%, spotlighting the persistent battle against inflation. The Reserve Bank emphasized its vigilant stance on the economy, making it clear that controlling inflation is still its highest priority in these uncertain times
German Foreign Minister has urged China to tackle supply chain uncertainties head-on, emphasizing the critical need for stable and dependable trade relations. This call highlights growing concerns over possible disruptions to the global economy, Reuters reports
IndiGo’s recent crisis has cast a sharp spotlight on the hidden vulnerabilities lurking within India’s aviation sector, challenging the long-held belief that the nation’s largest carrier is “too big to fail.” This turmoil exposes deep-rooted challenges and systemic risks that could shake the entire industry to its core
Two of Brazil’s nine Central Bank seats are expected to remain vacant after the January meeting, sources told Reuters, signaling potential delays in key appointments as political negotiations continue to evolve
Australia’s defence minister is preparing for a landmark visit to Japan, underscoring the deepening strategic alliance between the two nations. This journey puts a spotlight on their growing security cooperation as they tackle emerging challenges in the region, Reuters reports
Germany has deployed its cutting-edge Arrow air defense system to boost protection against potential Russian missile threats, Reuters reports. This bold step underscores rising security concerns amid escalating tensions across Europe
India has hit pause on two regulations controlling night working hours for IndiGo pilots, Reuters reports. This decisive move aims to directly address pilot shortages and ensure flights continue without disruption amid ongoing challenges
Germany’s parliament has just passed a groundbreaking military service law aimed at bolstering the nation’s defense amid rising Russian aggression. This bold move sparks intense debate over national security and the duties of citizenship. (Reuters)
The FTC is probing whether TP-Link misled U.S. consumers about its connections to China, sources told Reuters. This investigation focuses on potential deceptive claims amid growing scrutiny of Chinese tech companies
In Japan, Prime Minister Takaichi is resolutely steering clear of a “Truss shock,” prioritizing steady economic policies to skillfully navigate the market turbulence unleashed by the UK’s Liz Truss-led fiscal upheaval, Reuters reports
Russia has blocked Snapchat, RIA news agency reported, citing regulatory concerns. This move marks a bold step in Moscow’s ongoing effort to tighten its grip on foreign social media platforms amid rising geopolitical tensions
China’s foreign minister has urged France to take a strong stand alongside its position on Japan as regional tensions rise, calling for more decisive diplomatic backing. This move highlights Beijing’s strategic effort to rally European allies, Reuters reports
Australia has boldly declared that the world will follow its lead after Meta began limiting teens’ access to certain content on its platforms. This pioneering step aims to protect young users in the face of growing global concern. (Reuters)
Germany, France, and Spain are gearing up for pivotal talks next week to address their ongoing fighter jet dispute, a source reveals. These high-stakes discussions could unlock solutions to major disagreements over defense contracts and cooperation, setting the stage for a breakthrough in their collaboration
