ISTANBUL (AA) – Though it has yet to be established, a department tasked with cutting US government spending headed by tech mogul Elon Musk has begun accepting staff applications, seeking to hire “revolutionaries” with high IQ scores. “We need super high-IQ small-government revolutionaries willing to work 80+ hours per week o...
LONDON (AA) – The climate financing needs of low and middle-income countries, which are projected to exceed $2 trillion per year by 2030, are among the key topics at the 2024 UN Climate Change Conference (COP29) which began Monday in Azerbaijan’s capital, Baku. COP29, which runs until Nov. 22, will be a platform for discussing […]...
India’s Adani Group has halved its electricity supply to Bangladesh. This reduction comes as Bangladesh grapples with power shortages, prompting efforts to bridge the gap by activating additional power plants, according to Rezaul Karim, chairman of the Bangladesh Power Development Board. The Godda coal-fired power plant in the Indian province...
ISTANBUL (AA) – The UK launched its first government-backed four-day workweek trial on Monday, allowing over 1,000 employees to work fewer days without a pay cut. Seventeen businesses, including the British Society for Immunology and Crate Brewery, will test shorter schedules, with some opting for a nine-day fortnight model, according to...
Political observers are noting that as Democratic candidates are rallying around Federal Trade Commission Chair Lina Khan, Vice President Kamala Harris is noticeably absent. Although candidates in Arizona, Texas, and Illinois have embraced Khan’s bold antitrust agenda, Harris has opted not to appear with her. Observers say she is distancing he...
BERLIN (AA) – If Donald Trump is re-elected, his four-year term could cost Germany up to €180 billion (approximately $194.2 billion) in a “trade war,” German Economic Institute (IW) said in a report released on Thursday. According to the report, Trump’s pledge to increase tariffs to reduce the US trade deficit could cause sig...
ISLAMABAD (AA) – Pakistan has urged economic collaboration among Shanghai Cooperation Organization member states as a two-day leaders’ summit of the organization began in the capital Islamabad on Wednesday. “Investment in regional infrastructure, particularly in the realms of transport and energy is indispensable, for advancing economic ...
Israel’s green-tech start-ups are failing to lure investors due to the country’s wars against Gaza and Lebanon. Venture capitalists are expressing concern over the impact of the country’s violence on the tech sector. Avi Balashnikov, chair of the Israeli Export Institute, noted the urgent need for funding, as investment in the country’s tech s...
ISLAMABAD (AA) – Pakistan is set to host the 23rd meeting of the Council of the Heads of Government (CHG) of the Shanghai Cooperation Organization (SCO) on Oct. 15-16, bringing together top officials from key regional powers to discuss economic and cultural cooperation. As the current chair of the council, Pakistan’s Prime Minister Shehb...
Americans will see a 2.5% cost-of-living adjustment to their benefit payments next year. The Social Security Administration has said the cost-of-living adjustment will begin with benefits payable to nearly 68 million social security beneficiaries in January 2025. Increased payments to nearly 7.5 million recipients will begin on Dec. 31. The ea...
