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Global Markets Await Fed Rate Cut, Oil Prices Rise
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Global markets await Feds interest rate decision, with U.S. stocks poised for a potentially flat open, while Asian markets show varied performance. Oil prices rise slightly, and currency markets see the U.S. dollar weaken against the Japanese yen and euro.
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Nobel Winner Maria Corina Machado Skips Ceremony
02:04|María Corina Machado, Venezuelan opposition leader and Nobel Peace Prize winner, is en route to Oslo, but will miss the awards ceremony due to travel delays. Machado, who has been in hiding since the disputed election, will be represented by her daughter at the ceremony. Her family is already in Oslo, eagerly awaiting her arrival.
Fez Building Collapse: 19 Dead, 16 Injured
01:27|Tragedy strikes in Fez as two residential buildings collapse, killing at least 19 and injuring 16. The incident, which occurred in the Al Massira suburb, has prompted a massive search and rescue operation. The buildings had shown signs of deterioration for years, raising concerns among residents and authorities. This incident follows similar tragedies in Fez, highlighting the urgent need for structural assessments and safety improvements in older buildings across the city.
World Cup Draw Sparks Controversy: Iran, Egypt vs LGBTQ+ Pride
01:48|World Cup Draw Sparks Controversy: Iran and Egypt Object to Seattle Pride Event During Match
Man Charged in Shooting of NFL Player
01:35|20-year-old Frederick Green charged with attempted murder of New York Jets player Kris Boyd, following a shooting incident outside a Manhattan restaurant. Green, who had altered his appearance to evade capture, surrendered after a brief standoff. Boyd, who was shot twice in the abdomen, has since been discharged from the hospital. Green faces additional charges of assault and criminal possession of a weapon.
Musk: No Return to Doge, Trump Friendship Mended
01:38|Elon Musk, despite Doges success in reducing government spending, declines to lead the department again, citing his preference to focus on his own companies. He believes his political involvement led to Teslas sales drop and vandalism incidents. Musk and Trumps relationship appears to be mended, with Musk praising Trumps humor.
Southeast Asia's Offshore Wind Boom
02:11|Southeast Asia emerges as a key player in offshore wind industry, offering abundant resources and potential for growth. Despite challenges in the US industry, investors are turning to Southeast Asia, with countries like the Philippines and Vietnam actively developing policies and plans. Singapore, the Philippines, and Vietnam are making strides in establishing themselves as regional hubs. China is also playing a significant role. Despite weather challenges, technology exists for disaster-resilient turbines, making Southeast Asia a promising region for clean energy efforts.
OpenAI Hires Slack CEO for Global Revenue Strategy
01:56|OpenAI welcomes Denise Dresser, former Slack CEO, to bolster global revenue strategy and AI integration. Dressers arrival follows a leadership shakeup at Slack, with Rob Seaman temporarily taking over Dressers role. OpenAI, valued at $500 billion, faces intense competition from Googles Gemini 3, despite ChatGPTs 800 million weekly users. OpenAIs financial commitments exceed $1 trillion, and its yet to explore advertising as a revenue source.
Thailand-Cambodia Border Clashes Force Hundreds of Thousands to Flee
01:50|Renewed border clashes between Thailand and Cambodia force hundreds of thousands to flee, seeking refuge in university halls and tents in Thailand, and makeshift shelters in Cambodia. Despite early warnings, many evacuees left with only their clothes, leaving behind homes and belongings. As cool season temperatures drop, evacuees face harsh conditions, with no end to the conflict in sight.
Drone Strike Kills Dozens in Sudan Oil Field
01:45|Drone Strike Near Sudans Oil Facility Kills Dozens: A Complex Conflict Escalates A drone strike near Sudans largest oil processing facility has resulted in numerous fatalities, with the exact number still uncertain. The attack, carried out by the Sudanese Armed Forces, targeted the Heglig oil field, recently seized by the Rapid Support Forces. Local reports suggest several tribal leaders and many RSF fighters were among the casualties. The Rapid Support Forces, who claim South Sudanese soldiers were also killed, have condemned the attack as a violation of international law. The government of South Sudans Unity State has confirmed three of their soldiers died in the incident. This event underscores the complex and often tragic impact of the ongoing conflict on neighboring regions, with thousands of Sudanese civilians fleeing to South Sudan for safety. The capture of Heglig by the RSF is seen as a significant development, potentially giving them a strong bargaining chip. The war, which began in April 2023, has already claimed an estimated 150,000 lives, displaced millions, and led to widespread famine.