Shanghai hit by most powerful typhoon in 75 year

Shanghai hit by most powerful typhoon in 75 year

A significant evacuation effort unfolded as a formidable typhoon struck near Shanghai, China’s financial center, displacing hundreds of thousands of residents. Typhoon Bebinca made landfall at approximately 07:30 local time (23:30 GMT) on Monday, striking the Lingang New City coastal region in eastern Shanghai, according to the China Meteorological Administration. Chinese state media reports that…

US grants Bangladesh an additional $202 million in aid

US grants Bangladesh an additional $202 million in aid

During a visit to Dhaka on Sunday, a U.S. delegation announced that the United States is dedicated to fostering inclusive economic growth, strengthening institutions, and advancing development in Bangladesh. The delegation plans to provide an additional $202 million in aid. A six-member delegation, headed by Deputy Under Secretary of the Treasury Department Brent Neiman, marks…

UEFA warns England of Euro ban risk due to regulator plans

UEFA warns England of Euro ban risk due to regulator plans

UEFA has issued a caution to the UK government, indicating that England may face a ban from the Euro 2028 tournament, which they are set to co-host, should Prime Minister Keir Starmer proceed with current proposals for a men’s football regulator, according to reports from British media on Saturday. In correspondence addressed to Culture Secretary…

China lifts retirement age for the first time since 1950s

China lifts retirement age for the first time since 1950s

In a significant policy shift, China is set to “gradually raise” its retirement age for the first time since the 1950s. This decision comes as the nation grapples with an ageing population and a shrinking pension budget. On Friday, the nation’s leading legislative assembly sanctioned measures to increase the legal retirement age for women in…

Billionaire investor warns democracy is under threat

Billionaire investor warns democracy is under threat

A billionaire investor known for accurately forecasting the global financial crisis has warned that the upcoming US election could plunge the world’s largest economy into significant turmoil. As the highly anticipated televised debate between candidates Kamala Harris and Donald Trump unfolded, investor Ray Dalio expressed a profound concern for the state of democracy, regardless of…

US inflation hits its lowest level in over three years

US inflation hits its lowest level in over three years

Recent official figures indicate that US inflation has continued to decline, bolstering expectations that the US central bank may lower interest rates in the upcoming week. In the year leading up to August, consumer prices increased 2.5% despite declines in the costs of petrol, used cars and trucks, and several other items. The latest figures…

Who emerged victorious in the presidential debate between Harris and Trump?

Who emerged victorious in the presidential debate between Harris and Trump?

Donald Trump and Kamala Harris had their inaugural encounter on the presidential debate platform in Philadelphia on Tuesday evening. Their initial encounter did not result in a positive connection despite exchanging pleasantries. During a heated 90-minute exchange, Harris skillfully employed personal attacks to unsettle the former president, derailing his message and intensifying the already high…

A blow to India and Bangladesh's "fish diplomacy"

A blow to India and Bangladesh’s “fish diplomacy”

As Durga Puja, the largest festival in West Bengal, approaches in October, there are concerns about a potential shortage of hilsa, the beloved fish of the local population. Bangladesh, the world’s largest producer of hilsa, has recently ramped up its efforts to prevent the transportation of fish to neighbouring India. This move strengthens the longstanding…