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Posted on July 24, 2025

FAA sees no mechanical issue with 787 Boeing fuel control unit after Air India crash

The head of the Federal Aviation Administration said Thursday the fatal crash of an Air India Boeing 787 does not appear to be caused by a mechanical issue or inadvertent movement of the fuel control ...

Posted on July 24, 2025

US House panel subpoenas JPMorgan, Bank of America CEOs over IPO of China’s CATL

The U.S. House of Representatives Select Committee on China said on Thursday it sent subpoenas to JPMorgan Chase CEO Jamie Dimon and Bank of America CEO Brian Moynihan over their roles in underwriting ...

Posted on July 24, 2025

As U.S. Retreats on Climate, China and Europe Pledge to Go Green Together

A joint statement promised new efforts to cut emissions at a time when China is positioning itself as the world’s one-stop shop for clean energy technologies.

Posted on July 24, 2025

Trump ‘AI czar’ warns against what will ‘bog’ US companies down in race against China

White House ‘A.I. and crypto czar’ David Sacks addresses the 'major plank' in President Donald Trump's new A.I. action plan to dominate China on 'The Story.' ...

Posted on July 24, 2025

Nepal implements new money reporting threshold for casinos

Nepal casinos must implement a range of AML measures, which include meeting new reporting thresholds for financial transactions.

Posted on July 24, 2025

Stampede in Yemen’s Capital Kills Dozens Seeking Food Aid, Houthis …

SANA, Yemen — A crowd apparently spooked by gunfire and an electrical explosion stampeded at an event to distribute financial aid during the Muslim holy month of Ramadan in Yemen’s capital ...

Posted on July 24, 2025

UN report finds Afghanistan violated human rights of involuntary returnees

The United Nations released a report on Thursday indicating that the Taliban authorities in Afghanistan committed human rights violations against Afghan refugees who returned to their home country.

Posted on July 24, 2025

PowerChina wins contract worth around $4 billion Iraq to build water desalination plant, sources say

PowerChina has won a contract worth around a $4 billion to build a large-scale seawater desalination plant in Iraq's southern city of Basra, in partnership with an Iraqi company, officials said on ...

Posted on July 24, 2025

Turkey cuts rates as turmoil over arrest of opposition leader eases

Annual inflation dropped in June by more than expected, to 35 per cent. Although that means Turkey still has one of the highest inflation rates in the world, it has fallen from a peak of 75 per cent ...

Posted on July 24, 2025

Turkey revives monetary easing cycle with 300bp rate cut

By Akin Nazli The monetary policy committee (MPC) of Turkey’s central bank on July 24 cut its main policy rate (one-week repo) by 300bp to 43%. The move was in line with expectations, which foresaw a ...

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