Jan 3, 2023
Juerg Kiener, Swiss Asia Capital’s managing director, expects that the price of gold may surge to $4,000 an ounce next year as fears of recession and hikes in interest rates fuel market volatility. In a recent interview with CNBC, the chief investment officer stated that the precious metal’s price could range between $2,500-$4,000 in 2023.
Kiener explained that in the first quarter of next year, many economies could experience a recession, which may…
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A fire at a shoe factory in Mangolpuri Industrial Area resulted in four fatalities and two injuries. The factory had valid licenses and a NOC from the pollution control committee. Initial investigations suggested negligence by laborers as a potential fire cause, although further inquiries are ongoing. The Delhi Fire Service deployed multiple fire tenders to control the blaze, which lasted several hours.
A fire at a shoe factory in Mangolpuri Industrial Area resulted in four fatalities and two injuries. The factory had valid licenses and a NOC from the pollution control committee. Initial investigations suggested negligence by laborers as a potential fire cause, although further inquiries are ongoing. The Delhi Fire Service deployed multiple fire tenders to control the blaze, which lasted several hours.
New York City Mayor Zohran Mamdani confirmed a visa for Javits Frimpong's mother after his tragic murder. Frimpong, a 15-year-old immigrant from Ghana, was shot on his way to school. No arrests have been made yet, and the investigation continues. His father reported that Frimpong had been bullied at school days before his death. Ghanaian officials are collaborating with U.S. authorities to seek justice for this unfortunate incident.
External Affairs Minister S Jaishankar emphasized freedom of choice and resilient supply chains during the Quad meeting. He highlighted countering non-market practices as a key priority for discussions with partner nations. The Quad aims to enhance cooperation in maritime security and counter-terrorism measures. Additionally, over USD 85 million will be extended for AI access across the Indo-Pacific region.
External Affairs Minister S Jaishankar emphasized freedom of choice and resilient supply chains during the Quad meeting. He highlighted countering non-market practices as a key priority for discussions with partner nations. The Quad aims to enhance cooperation in maritime security and counter-terrorism measures. Additionally, over USD 85 million will be extended for AI access across the Indo-Pacific region.
Top diplomats from the G20 met in Atlanta, but they could not agree on important global security issues. Tensions, particularly regarding Russia's war in Ukraine, overshadowed the talks and affected the outcomes. The meeting concluded without a joint communique, only a chairman's statement summarizing their discussions. Despite the lack of consensus, efforts were made to strengthen cooperation on supply chains and mineral resources.
The FBI reported North Korea's involvement in a significant cyber heist from Binance. Binance announced that it is covering the losses with over $6.34 billion in company funds. Following the attack, the cryptocurrency market experienced a notable decline in prices, impacting major coins. The hackers, identified as TraderTraitor, are also linked to previous thefts and the notorious Lazarus Group.
In India, elderly companionship services face hurdles in building a dependable market, primarily due to the stigma linked to purchasing social connections. Numerous programs have emerged to facilitate interactions among seniors through conversation and activities aimed at enhancing emotional health. Entrepreneurs grapple with the challenge of making companionship a sustainable expense, even as the senior population rises.
In India, elderly companionship services face hurdles in building a dependable market, primarily due to the stigma linked to purchasing social connections. Numerous programs have emerged to facilitate interactions among seniors through conversation and activities aimed at enhancing emotional health. Entrepreneurs grapple with the challenge of making companionship a sustainable expense, even as the senior population rises.
Senior officials, railway policymakers and industry representatives discussed coordinated measures to address transportation bottlenecks and improve supply chain efficiency across the region
US weather forecast predicted that heavy rains starting Saturday evening were expected to bring a threat of flash flooding to already saturated areas of the U.S. Southwest through Monday.
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