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AI and military spending to drive 50% copper demand surge by 2040

Artificial intelligence expansion and soaring defense budgets will propel global copper demand up 50 percent by 2040, risking severe shortages that could hinder economic growth and technological progress, according to a study released Thursday by S&P Global. Annual copper demand will hit 42 million metric tons by 2040, up from 28 million......

Emerging markets hit record highs amid Venezuela crisis

Emerging market stocks surged to unprecedented levels on Monday and Tuesday, defying expectations as investors brushed aside the geopolitical storm from the U.S. military's capture of Venezuelan President Nicolás Maduro and instead bet on artificial intelligence momentum and a weakening U.S. dollar. The MSCI Emerging Markets Index......

Flash flood in Indonesia kills 16, displaces hundreds

At least 16 people have died and three are missing after a sudden flash flood hit Siau Island in Indonesia, authorities reported Tuesday. The disaster struck on Monday as an overflowing river inundated four towns on the small island north of Sulawesi. Abdul Muhari, spokesman for the national disaster mitigation agency, said 22 people were......

New year: countries around the world already welcome 2026

As December 31 unfolds, several countries across the globe have already marked the transition to 2026, blending celebration, reflection, and tradition. On Australia’s east coast, the New Year began in an atmosphere of caution and remembrance. In Sydney, festivities around the iconic Harbour Bridge took place under heightened security......

Gulf states urge Trump to enforce Gaza ceasefire as fragile truce faces setbacks

Arab Gulf nations are ramping up diplomatic pressure on President Donald Trump to hold Israel accountable for repeated violations of the Gaza ceasefire, which has entered a critical phase ahead of his administration's transition in January 2026. The six members of the Gulf Cooperation Council Qatar, Saudi Arabia, the United Arab Emirates,......

Deadly fire kills 16 people at nursing home in Indonesia

A devastating fire at a nursing home in central Indonesia has claimed the lives of at least 16 people and injured three others, local authorities said on Monday. The incident occurred at the Werdha Damai care center in Manado, on the island of Sulawesi. The blaze broke out on Sunday and was brought under control later in the evening. However,......

Swiss court allows islanders’ climate case against cement giant

A Swiss court has accepted a landmark lawsuit filed by residents of an Indonesian island against Holcim, the world’s largest cement producer, in what could become a defining case for corporate accountability in climate change. The Cantonal Court in Zug ruled that the complaint filed by four residents of Pari Island can proceed, marking......

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