China sets steep tariffs on beef imports beyond new quota limits

China announced plans to impose an additional 55 percent tariff on beef imports that exceed newly defined country quotas, targeting major suppliers such as Brazil and the United States and closing a year long safeguard investigation into the sector. The Chinese commerce ministry said the measure will take effect on January 1, 2026 and remain......

Iran halts work in most provinces as protests spread over economic collapse

Protests across Iran intensified as university students joined shopkeepers and bazaar merchants in demonstrations driven by a sharp economic downturn. The unrest followed a record fall of the Iranian rial to about 1.42 million per dollar and inflation climbing above 42 percent, deepening public anger over living costs and financial instability. Now......

Taiwan opposition halts record defense budget as Chinese rockets land closer to the island

Taiwan’s opposition parties have again blocked a sweeping defense spending plan, intensifying political deadlock at a moment of rising military pressure from China. Lawmakers from the Kuomintang and the Taiwan People’s Party used their combined legislative majority to prevent a special defense budget from advancing to committee......

Chinese oil tankers challenge United States blockade near Venezuela

Two Chinese flagged supertankers are continuing operations close to Venezuelan waters despite a blockade announced in mid December by President Donald Trump and an expanding campaign of tanker seizures, according to maritime tracking data. The situation is shaping into a key test of United States enforcement power as tensions between Beijing......

Putin orders expansion of buffer zone in northeastern Ukraine through 2026

Russian president Vladimir Putin has instructed military commanders to continue expanding a buffer zone in northeastern Ukraine throughout 2026, according to an official Kremlin transcript released on December 28. The directive focuses on the Sumy and Kharkiv regions and comes at a sensitive moment as peace talks involving Russia, Ukraine,......

Zohran Mamdani takes office as New York mayor amid major challenges

Zohran Mamdani officially assumes office as mayor of New York on January 1, 2026, becoming one of the youngest leaders in the city’s history. Elected on a bold progressive platform, the 34-year-old Democrat now faces a series of complex political, economic and social challenges in America’s largest city. Mamdani’s inauguration......

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