Dutch pension fund slashes US holdings, calls America unreliable ally

The Dutch pension fund PME, overseeing 60 billion euros in retirement savings for metal and technology sector workers, revealed plans on Thursday to ramp up investments in European assets and significantly cut back on US exposure. PME leaders declared that the United States is no longer the dependable partner it once appeared to be, prompting......

Huda Beauty faces boycott over antisemitic conspiracy claims

A fierce social media backlash has erupted against Huda Beauty following explosive statements by its founder, Huda Kattan, who accused Israel of orchestrating major global catastrophes. In a now-deleted TikTok video viewed by her 1.7 million followers, the Iraqi-American entrepreneur claimed Israel engineered World War I, World War II, the......

Zelensky warns of massive Russian strike ahead of peace talks

Ukrainian President Volodymyr Zelensky cautioned on January 28 that intelligence reports point to Russia gearing up for another massive assault just before trilateral peace negotiations set for February 1 in Abu Dhabi. He argued that ongoing Russian attacks undermine diplomatic initiatives aimed at ending the nearly four-year conflict. In......

Amazon cuts 16,000 jobs amid intensifying AI competition

Amazon has announced plans to lay off 16,000 employees, marking its second major round of workforce reductions within three months. The move aims to streamline operations and boost agility as the company vies for dominance in the rapidly evolving artificial intelligence landscape. In a recent company blog post, Beth Galetti, Amazon's......

France deploys aircraft carrier to North Atlantic amid Greenland tensions

The French nuclear-powered aircraft carrier Charles de Gaulle departed its Toulon base on January 27, 2026, heading to the North Atlantic for a major multinational military exercise. European leaders seek a united front against recent US pressures over Greenland. The deployment coincides with a diplomatic push by President Emmanuel Macron.......

German chancellor Merz says weak dollar burdens exports

Chancellor Friedrich Merz expressed concern Wednesday over the weakening US dollar, calling it a "considerable additional burden for German exporting industry." He urged Washington to honor its trade commitments with the European Union. "We will have to assert ourselves globally against a weak dollar and strong euro,"......

Trump threatens Iran with strikes worse than 2025 raids

President Donald Trump escalated warnings to Tehran on Wednesday, posting on Truth Social that a "massive armada" heads toward Iran. He stated any future military action would be "far worse" than last June's US strikes on the country's nuclear facilities. The escalatory rhetoric drove oil prices to September highs.......

Volkswagen CEO faces pivotal year after $48 billion market value loss

Investors are pressing Volkswagen CEO Oliver Blume for concrete results in what they view as a make-or-break year for the German automaker. Now freed from his dual role at Porsche, which ended January 1, Blume has a narrowing window to halt the company's decline in China and address critical technology gaps against rivals. Under Blume's......

Iran claims full control of Strait of Hormuz as US armada nears

Iran's Islamic Revolutionary Guard Corps declared on Tuesday it holds "total control" over the strategic Strait of Hormuz. The statement came amid stern warnings to neighboring countries as US military forces mass in the Middle East and President Donald Trump threatens action. Mohammad Akbarzadeh, deputy political head of the......

Silver hits record $119 per ounce amid crash warnings

Silver surged to a historic peak of $119 per ounce on January 29, fueled by the Federal Reserve's decision to hold interest rates steady. The metal's parabolic climb has sparked stark warnings from market veterans drawing parallels to past speculative manias. Former JPMorgan chief strategist Marko Kolanovic delivered the most bearish......

China unveils orbital AI data centers and space tourism plans

China has announced bold initiatives to launch space tourism and gigawatt-scale orbital data centers for artificial intelligence within the next five years, escalating its rivalry with the United States in what both view as the next arena for commercial and strategic supremacy. State media reported that the China Aerospace Science and Technology......

Trump promotes government-backed investment accounts for newborns

U.S. President Donald Trump has unveiled a new initiative aimed at easing financial pressure on American families by introducing government-supported investment accounts for newborn children, known as “Trump accounts.” According to the White House, the accounts are expected to become operational in July and will be funded initially......

Mit physicists uncover first clear evidence of primordial plasma flowing as liquid

Physicists from CERN's Large Hadron Collider have captured the first unambiguous signs that the ultra-hot "primordial soup" filling the early universe flowed like a liquid, rippling and swirling in response to fast-moving particles much like water trailing behind a duck. A team led by MIT physicist Yen-Jie Lee employed a novel......

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