Electricity Demand in U.S. to Surge for First Time in Decades

Electricity Demand in U.S. to Surge for First Time in Decades

In a new report from energy consultancy Wood Mackenzie, the U.S. is set to experience a significant rise in electricity demand, marking the first substantial growth in decades. The consultancy predicts a national increase of up to 15% in some...
Netflix

Netflix Holds Off on US Price Hike, Despite Streaming Rivals Raising Rates

In a year marked by rising subscription prices across major streaming platforms like Disney+ and Peacock, Netflix (NFLX) has decided to hold off on raising its US subscription fees — for now. Despite this pause in price hikes, the streaming...
Donald Trump

Donald Trump Defends His Jan. 6 Conduct at Univision Town Hall, Dismissing Criticism and Downplaying Capitol Riot

In a televised town hall on Wednesday, former President Donald Trump dismissed criticism of his role in the January 6, 2021, Capitol riot and minimized the impact of the mob attack by his supporters. Speaking at a Univision event, Trump...
China's Economic Boom Days Have Passed, According to Australia’s Biggest Pension Fund

China Accuses Foreign and Domestic Firms of Illegally Collecting Geographic Data

China’s Ministry of State Security (MSS) has accused an overseas company and a local firm of illegally collecting sensitive geographic information, under the guise of researching smart driving technology, according to a statement released on Wednesday. However, the MSS has...
US-China

U.S. Imposes Sanctions on Chinese Companies for Assisting Russia’s Drone Development in Ukraine War

The growing cooperation between China and Russia, the U.S. Treasury Department on Thursday announced a fresh round of sanctions against two Chinese companies accused of aiding Russia’s war efforts in Ukraine by helping build long-range attack drones. This marks the...
Patriot missile system

US Scraps Next-Gen Missiles, Opts to Enhance Patriot Missile Threats from China and Russia Intensify

The US Army has decided to halt plans to replace the Patriot missile system, choosing instead to enhance the PAC-3 Missile Segment Enhancement (PAC-3 MSE) interceptor. This decision, revealed during the Association of the United States Army’s (AUSA) annual conference,...
Chinese yuan

Chinese Yuan Under Pressure: Market Participants Bet on Yuan’s Decline Amid “Trump Trade” Resurgence; Will This Strategy Backfire?

Global hedge funds are gearing up for an intense battle over China’s yuan, betting on a currency devaluation in anticipation of Donald Trump’s potential re-election. These funds, motivated by fears of geopolitical upheaval and a return to Trump’s aggressive trade...
SeaGuardian UAV

India Signs Deal MQ-9B Drones from United States to Boost Surveillance Capabilities

The Indian Ministry of Defence (MoD) has taken a significant leap in bolstering the long-range intelligence, surveillance, and reconnaissance (ISR) capabilities of its armed forces. On 15 October, the MoD officially announced its commitment to acquire 31 medium-altitude long endurance...
Joe Biden

Joe Biden Arrives in Germany to Discuss Ukraine, Middle East Conflicts Amid Criticism

United States President Joe Biden arrived in Germany on Thursday, a week later than originally planned, due to the devastation caused by Hurricane Milton in the United States. The delay, however, did little to diminish the importance of his trip....
Gaza Aid

U.S. Official Says No Weapon Withholding for Israel Despite Gaza Aid Blockade

In the Biden administration, Lise Grande, a top U.S. official handling the humanitarian crisis in Gaza, revealed in an August meeting with aid organizations that the United States would not consider halting weapon shipments to Israel, even as the country...
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