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  • femafifa 02012026 lg FEMA Awards $250 Mln To World Cup Hosting States To Secure US Skies January 02, 2026 07:03 ET

    The Federal Emergency Management Agency has awarded $250 million to the 11 states hosting FIFA World Cup 2026 matches and to the National Capital Region to secure U.S. skies ahead of the International sports gala. Recipients can use this money to strengthen their ability to detect, identify, track, or mitigate unmanned aircraft systems, including drones. The massive funding, through the new Coun

  • isismenkilled 02012026 lg US-led Forces Kill 7 ISIS Terrorists In Syria In Large-scale Strike January 02, 2026 06:33 ET

    U.S. and partner forces have killed seven operatives of Islamic State and captured 18 others in a ten-day large-scale series of air strikes in Syria. U.S. Central Command said that during 11 missions conducted between December 20 and 29 four ISIS weapons caches were destroyed. These operations...

  • woodenproducts 02012026 lg US Delays Tariff Hike On Wood Products Import For Another Year January 02, 2026 06:31 ET

    President Donald Trump has signed a Proclamation invoking Section 232 of the Trade Expansion Act of 1962 freezing increases in tariffs for upholstered furniture, kitchen cabinets, and vanities for another year. The delay in imposing the tariff hike comes as the Trump administration continues to engage in productive negotiations with trade partners to address trade reciprocity and national securi

  • venezuellaoiltreasury 02012026 lg US Sanctions 4 Companies Operating In Venezuela's Oil Sector January 02, 2026 06:24 ET

    The U.S. government has sanctioned four companies for operating in Venezuela's oil sector and identified four associated oil tankers as blocked property. The companies sanctioned by U.S. Department of the Treasury's Office of Foreign Assets Control are Corniola Limited, Krape Myrtle Co Ltd, Winky International Limited, and Aries Global Investment Ltd. The blocked oil tankers are Nord Star, Ros

  • militarypressure 02012026 lg US Urges China To Stop Military Pressure Against Taiwan January 02, 2026 06:11 ET

    The United States has urged China to exercise restraint, cease its military pressure against Taiwan, and instead engage in meaningful dialogue. China's military activities and rhetoric toward Taiwan and others in the region increase tensions unnecessarily, according to Thomas Pigott, Principal Deputy Spokesperson for the Department of State. The United States supports peace and stability across

  • space1 30122025 lg US Astronauts Set For Spacewalks At Space Station In January December 30, 2025 07:17 ET

    Two American astronauts will conduct a pair of spacewalks in January outside of the International Space Station to prepare for the installation of a roll-out solar array and complete other tasks. NASA said that on January 8, Mike Fincke and Zena Cardman will exit the station's Quest airlock to prepare the 2A power channel for future installation of International Space Station Roll-Out Solar Arra

  • drug 30122025 lg Philadelphia CBP Seizes Dangerous Ketamine Smuggled From Europe December 30, 2025 06:57 ET

    U.S. Customs and Border Protection has announced that its officers have intercepted six separate ketamine smuggling attempts in Philadelphia. Each of the six shipments, which arrived between September 23 through December 11, were shipped from Europe to addresses in the United States. Four shipments...

  • isrel2 30122025 lg Israel's Recognition Of Somaliland Triggers Sharp Divides Among Nations December 30, 2025 06:35 ET

    Israel's recognition of Somaliland has triggered sharp divides between nations, as speakers at the UN Security Council warned that the move will threatens stability in Horn of Africa. The Security Council met on Monday to hear a briefing on developments in Somaliland by Khaled Khiari, Assistant Secretary-General for the Middle East, Asia and the Pacific, Departments of Political and Peacebuildin

  • FDA Finds Insufficient Data To Determine Safety Of PFAS In Cosmetics December 30, 2025 06:00 ET

    The U.S. Food and Drug Administration has released a congressionally mandated report under the Modernization of Cosmetics Regulation Act of 2022, evaluating the use of perfluoroalkyl and polyfluoroalkyl substances (PFAS) in cosmetic products. While the report reviews available scientific evidence on...

  • US Commits $2 Bln Humanitarian Funding For 17 Crisis-hit Countries December 30, 2025 05:49 ET

    The United States has signed an agreement with the United Nations committing $2 billion in humanitarian assistance for global relief programs. The UN's top relief official hailed the move, targeting 17 crisis-hit countries, as a landmark commitment to saving lives amid escalating humanitarian needs...

  • 2 Men Killed In US Strike On Suspected Drug Vessel In Pacific December 30, 2025 05:16 ET

    Two men were killed in U.S. military strike targeting a boat suspected of carrying drugs in international waters in the eastern Pacific Ocean. U.S. Southern Command said that the attack, "on a vessel operated by Designated Terrorist Organizations", was carried out by Joint Task Force Southern Spear at the direction of Secretary of Defense Pete Hegseth, on Monday. Intelligence confirmed the vess

  • 2025 Delivered Significant Victories For Disease Control: WHO December 29, 2025 07:30 ET

    In a year-end analysis, World Health Organization claimed that amidst major funding cuts and increasing threats to science and solidarity, 2025 delivered significant victories for disease control and elimination across the globe. WHO noted that Maldives became the first country to achieve "triple...

  • Cold-Health Alerts Issued For All Of England Until January 5 December 29, 2025 05:53 ET

    The UK Health Security Agency has issued an amber Cold-Health Alert for the North West and North East regions of England until midday on January 5. All other regions in England will be under a yellow alert for this period, UKHSA said in a press release. Expected low temperatures are likely to result...

  • UK And Germany Sign 52 Mln Pound Contract For Cutting-edge Artillery December 29, 2025 05:37 ET

    The UK has signed a 52 million pound contract with Germany for state-of-the-art military artillery. This joint procurement demonstrates deepening defense cooperation between the UK and Germany under the Trinity House agreement signed in October 2024 - a landmark defense agreement that committed both...

  • Trump Says Progress Made In Ukraine Peace Talks With Zelensky December 29, 2025 05:23 ET

    U.S. President Donald Trump and his Ukrainian counterpart Volodymyr Zelensky have discussed the ongoing efforts to end the Ukraine war. Both leaders described the talks as "great", indicating that substantial progress had been made. After the talks that lasted more than three hours at Trump's Mar-a-Lago resort in Palm Beach, Florida, on Sunday, neither leader announced any major breakthrough in

Global Economics Weekly Update - December 22 - 26, 2025

December 26, 2025 08:42 ET
Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.