Current Affairs

Baltimore Jury Orders Johnson & Johnson to Pay $1.5 Billion in Asbestos-Related Cancer Case

A Baltimore jury has ordered Johnson & Johnson, its subsidiaries, and spinoff Kenvue to pay more than $1.5 billion in damages to Cherie Craft, a woman who said decades of exposure to asbestos-contaminated talc...

FDA Clears Novo Nordisk’s Wegovy Weight-Loss Pill, Marking Major Shift in Obesity Drug Market

The U.S. Food and Drug Administration has approved Novo Nordisk’s oral weight-loss pill containing 25 milligrams of semaglutide, giving the Danish drugmaker a crucial first-mover advantage in the race to bring a potent obesity...

U.S. Economy Likely Posted Strong Third-Quarter Growth, But Signs of Slowdown Emerge

The U.S. economy is estimated to have grown at a robust pace in the third quarter, supported by resilient consumer spending and steady business investment, according to expectations ahead of the Commerce Department’s delayed...

Mortgage Fraud Probe Launched Into Democratic Congressman After FHFA Referral

A mortgage fraud investigation involving U.S. Representative Eric Swalwell was initiated last month after William Pulte, the Republican head of the Federal Housing Finance Agency, referred allegations from a conservative news outlet to the...

Trump Plans Sweeping Immigration Crackdown in 2026 as Political Backlash Grows

U.S. President Donald Trump is preparing a significantly expanded immigration crackdown in 2026, backed by $170 billion in new funding for Immigration and Customs Enforcement (ICE) and Border Patrol through 2029. The plan includes...

China Condemns U.S. Seizure of Oil Tanker Bound for China as Violation of International Law

China’s foreign ministry on Monday strongly criticized the United States for intercepting a China-bound oil tanker off the Venezuelan coast, calling the action a serious violation of international law. Speaking at a daily press...

Oil Prices Climb on U.S. Interception of Venezuelan Tanker, Geopolitical Risks

Oil prices rose on Monday after U.S. officials said an oil tanker had been intercepted in international waters off the coast of Venezuela, stoking fears of supply disruptions. Brent crude futures climbed 52 cents,...

Trump Appoints Louisiana Governor Jeff Landry as Special Envoy to Greenland

U.S. President Donald Trump on Sunday announced the appointment of Louisiana Governor Jeff Landry as a special envoy to Greenland, citing the island’s strategic importance to U.S. national and global security. In a post...

Trump Keeps Military Option Open as U.S. Escalates Pressure on Venezuela

U.S. President Donald Trump has said he is not ruling out the possibility of war with Venezuela, signaling a further escalation in Washington’s pressure campaign against President Nicolas Maduro’s government. In a phone interview...

German Business Groups Criticise EU Delay in Mercosur Trade Deal

German business associations have expressed strong disappointment over the European Union’s decision to postpone the signing of its long-awaited free trade agreement with the South American Mercosur bloc until January, warning that the delay...