15-02-2025 Bureau Report NEW DELHI: The Indian federal government took over direct control of the restive northeastern state of Manipur on Thursday after the region’s chief minister resigned amid ethnic violence that has killed at least 250 people over two years and displaced thousands. One of India’s smallest states, Manipur …
Read More »California’s $1b LA wildfire bill highlights insurers’ struggle
15-02-2025 LOS ANGELES: California’s levy of $1 billion on private insurers to help pay out wildfire claims in its state-created safety net program has renewed focus on the challenges the industry faces in a market already losing appeal rapidly, analysts said. Stringent regulations and recurring wildfires have driven some insurers …
Read More »UK economy unexpectedly picked up in late 2024
15-02-2025 LONDON: Britain’s economy unexpectedly grew by 0.1% in the final quarter of last year, official figures showed on Thursday, offering some respite from the downbeat economic picture facing finance minister Rachel Reeves, though longer-term challenges remain. Economists polled by Reuters had forecast that British gross domestic product would shrink …
Read More »Musk wants to “delete entire agencies” from US government
15-02-2025 WASHINGTON: Billionaire Elon Musk said on Thursday many federal government agencies must be eliminated as part of President Donald Trump’s push to radically overhaul the US government. “We do need to delete entire agencies, as opposed to leave part of them behind. Just leave part of them behind. It’s …
Read More »EU warns against ‘dirty deal’ on Ukraine
15-02-2025 BRUSSELS/ KYIV: Kyiv and its European allies demanded on Thursday that they be included in any peace negotiations, after US President Donald Trump spoke by phone with Russia’s Vladimir Putin and said Ukraine could neither have all of its land back nor join NATO. Russia’s financial markets soared and …
Read More »Releasing of hostages will continue under Gaza deal: Hamas
15-02-2025 CAIRO/ GAZA: Hamas has said it is committed to implementing the Gaza ceasefire deal with Israel and will continue releasing hostages as scheduled, raising hopes that a resumption of the war can be averted. Following talks in Cairo, the Palestinian armed group said mediators from Egypt and Qatar had …
Read More »Hundreds of foreigners freed from Myanmar’s scam centres
15-02-2025 NAYPYIDAW: More than 250 people from 20 nationalities who had been working in telecom fraud centres in Myanmar’s Karen State have been released by an ethnic armed group and brought to Thailand. The workers, more than half of whom were from African or Asian nations, were received by the …
Read More »India revokes non-profit status for independent outlets
15-02-2025 Bureau Report NEW DELHI: In a worrying move, the Indian tax authorities revoked the non-profit status of two independent media organizations; the journalist association The Reporters’ Collective (TRC) and the news site The File. Reporters Without Borders (RSF) condemns this offensive against the independent press and calls on the …
Read More »G20 ambitions bump up against reality of Trump
14-02-2025 JOHANNESBURG: South Africa’s G20 presidency was meant to be an opportunity to get rich, powerful nations to pay attention to poorer countries’ concerns such as burgeoning inequality, crippling sovereign debt and a lack of progress in the fight against climate change but the richest, most powerful member, the United …
Read More »India’s retail inflation eases to 5-month low
14-02-2025 Bureau Report + Agencies NEW DELHI/ MUMBAI: India’s retail inflation slowed to a five-month low in January as food price inflation eased, boosting the odds of another rate cut in the South Asian economy where growth is slowing amid the escalating threat of a global trade war. Annual retail …
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