The Biden administration has introduced new export restrictions on U.S.-developed AI chips to prevent countries like China and Russia from accessing advanced technology. This move marks the culmination of efforts to contain China’s growing technological capabilities. Global Export Framework: The…
Meta has appointed three new members to its board, including UFC President Dana White, a close ally of Donald Trump. This move comes as Mark Zuckerberg, Meta’s CEO, works to rebuild ties with Trump. In addition to Dana White, John…
The chief of Gaza’s Hamas-run police and his deputy were killed in an Israeli airstrike targeting a tent camp in al-Mawasi, southern Gaza, sheltering displaced families. The Hamas-run interior ministry condemned the killings of Mahmoud Salah and Hussam Shahwan, calling…
On December 27, 2024, South Korea’s National Assembly impeached acting President Han Duck-soo, marking a historic moment in the country’s political landscape. This move comes just two weeks after the impeachment of President Yoon Suk Yeol, further deepening the nation’s…
The Federal Reserve has announced a quarter-point reduction in its key interest rate, marking its third rate cut of the year. This decision aims to stabilize a cooling U.S. economy while addressing inflation concerns. The new target range for the…
On December 13, 2024, the Pakistan Stock Exchange (PSX) experienced a significant downturn, with the KSE-100 index dropping by 1,216.86 points, closing at 112,963.64 points. The market briefly surpassed the 115,000-point barrier during intra-day trading, peaking at 115,172.44 points before…
Chandigarh witnessed sunny weather on Saturday, but the previous night saw the minimum temperature drop to 6.8°C, marking the coldest night so far this season. The temperature fell from 7.9°C on Friday to 6.8°C on Saturday, which is 3.7°C below…
Russian President Vladimir Putin spoke highly of U.S. President-elect Donald Trump on Thursday, referring to him as an “intelligent and experienced” politician. Putin expressed confidence that Trump would be able to find solutions to the ongoing global tensions, particularly in…
Summary LONDON – The U.S. dollar and bond yields held near multi-month highs on Monday, driven by market expectations that the Federal Reserve will slow down its rate cuts. Meanwhile, global stock markets were mostly lower, as investors awaited Nvidia’s…
In response to the escalating air pollution crisis, the Punjab government is set to test artificial rain in Rawalpindi. The initiative aims to address the intense smog affecting major cities in Punjab, including Lahore and Multan, where pollution levels have…
