Author: Ahmed Zaky

On Thursday, the US Geological Survey (USGS) reported an earthquake of 7.1 magnitude in New Zealand’s Kermadec Islands region. According to the agency, the earthquake occurred at a depth of 10km. US Tsunami Warning System said some Kermadec Islands coasts may experience tsunami waves reaching 0.3m to 1m above tide level. “Tsunami waves are forecast to be less than 0.3m above the tide level for the coasts of Fiji, New Zealand and Tonga.” However, the National Emergency Management Agency (NEMA) and the Bureau of Meteorology confirmed there was no tsunami threat to mainland New Zealand and Australia.

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In spite of financial market chaos and calls by investors to dial back policy tightening at least until sentiment stabilizes, the European Central Bank (ECB) raised interest rates by 50 basis points on Thursday in an attempt to curb inflation. According to Reuters, the ECB has been raising rates at its fastest pace ever, but a rout in global markets since Silicon Valley Bank (SVB) collapsed last week threatened to overturn those plans. As inflation is predicted to exceed its 2% target through 2025, the central bank for the 20 euro-shared countries raised its deposit rate to 3%, its highest level…

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The latest celebrity to gain a major acquisition is Ryan Reynolds. T-Mobile (TMUS) acquired Reynolds-backed Mint Mobile for $1.35 billion on Wednesday. There are 61% of shares in stock and 39% in cash in the sale. The actor, who holds a minority stake in Mint Mobile, will continue to be the face of the company as he intends to “continue for years” with the company. “We are so happy T-Mobile beat out an aggressive last-minute bid from my mom Tammy Reynolds as we believe the excellence of their 5G network will provide a better strategic fit than my mom’s slightly-above-average…

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Indian Railways will become the world’s largest green railway network by 2030, which will contribute significantly to climate action. When Indian Railway reaches its goal of 100 percent electrification in seven years, it will become a “net-zero carbon emitter.” The rail system in Uttar Pradesh, India’s most populous state, has just been electrified. As a result, Indian Railways has reached a major milestone. An announcement from the Indian Railway Ministry announced that Indian Railways had already completed electrification of Uttarakhand. Train travel in Uttarakhand will be more comfortable for both international and domestic tourists following the electrification of the Northern…

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It is possible that Pakistan’s economic crisis will be worse than Sri Lanka’s last year. Due to the economic meltdown, hungry, poor, and armed Pakistanis are stealing cars and bikes. The masses are clashing with the police across various cities as the country is on the verge of a civil war. The city of Karachi alone has reported 4,054 motorcycle thefts and 163 car thefts in February 2023. Pakistanis who are poor, hungry, and armed have resorted to armed robberies to survive. During February 2023 alone, Karachi witnessed over 7,000 robberies, including 163 car thefts and 4,054 motorcycle thefts. There…

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Hindi feature film Tu Jhoothi Main Makkaar (TJMM) led by Ranbir Kapoor and Shraddha Kapoor has shown a smashing trend trend over it’s opening weekend. It will enter the Rs 100 crore club in no time at all on its way as the movie is being hailed by cinegoers, fans, critics and the film industry as a genuine blockbuster. The Holi festival 2023 weekend saw the release of the romantic comedy, a Luv Ranjan directorial. It took a good start making its way into the hearts of filmgoers with its brilliant acting by Ranbir Kapoor and Shraddha Kapoor in the…

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Two centuries after they were stolen, three Parthenon sculpture fragments are being returned to Greece. Western museums are increasingly settling restitution disputes. It is not necessarily a state-to-state transfer, but Vatican officials should return to the Orthodox Christian archbishop of Athens and all Greece. AP reports that the British Museum is under pressure to reach an agreement with Greece about its Parthenon sculpture collection. The head of the Vatican city-state, Cardinal Fernando Vergez, signed an agreement to implement the transfer during a private Vatican Museums ceremony with Greek Culture Minister Lina Mendoni and a representative of the Orthodox Christian archbishop…

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Suella Braverman, Britain’s interior minister, said the government’s plan to stop almost all migrants from claiming asylum was legal despite warnings that it would violate international law. According to Reuters, lawyers and charities said the plans would violate the UN convention on refugees, introduced after many countries turned away Jewish refugees during World War II. Under successive prime ministers, the Conservative government has put forward a series of immigration policies to stop people from arriving by small boats on the English coast. Asylum seekers who reach Britain in small boats will be detained without bail before being deported to their…

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A Missouri state law declaring several federal gun laws invalid is unconstitutional, giving the Department of Justice a victory. A law signed by Republican Governor Mike Parson in 2021 declared that certain federal gun laws violated the constitution’s Second Amendment, Reuters reports. A federal judge in Jefferson City, Missouri, ruled that the state’s Second Amendment Preservation Act (SAPA) violates the Supremacy Clause, which holds that federal laws take precedence over state laws. The judge sided with Democratic President Joe Biden’s administration, calling the law’s practical effects “counterintuitive to its stated purpose.” “I am committed to defending Missourians’ fundamental rights to…

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The UAE President, His Highness Sheikh Mohammed bin Zayed Al Nahyan, met with Olena Zelenska, the First Lady of Ukraine and the Chairwoman of the Olena Zelenska Foundation today. Her visit to the UAE is in connection with the Forbes 30/50 Summit in Abu Dhabi this week. At the Qasr Al Bahr majlis, Sheikh Mohamed received a briefing on the human effects of the Ukrainian crisis, particularly as it relates to children. The UAE President directed that $4 million be allocated for the care of children affected by the crisis in support of one of the Foundation’s projects, called “Family-Type…

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