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Concerns are mounting over the potential withdrawal of the United States from key global financial institutions, particularly the International Monetary Fund (IMF) and the World Bank, following the absence of US Treasury Secretary Scott Bessent from recent G20 meetings. Established post-World War II, the IMF serves as a lender of last resort, providing financial assistance to nations in crisis, while the World Bank offers low-interest loans for infrastructure projects. Both institutions are vital for many emerging markets, including Argentina and Sri Lanka, which rely on IMF support to stabilize their economies. A US withdrawal could significantly disrupt these organizations, diminishing Washington's influence and potentially benefiting rivals like China, which seeks to expand its role in global finance. Experts warn that such a move could undermine investor confidence, destabilize economies, and jeopardize the credit ratings of multilateral lenders, complicating their ability to provide necessary funding. 
Published: Feb 27 2025, 5 pmeznews.inPresident Donald Trump is nearing a deal with Ukraine that would grant the U.S. preferential access to the country's substantial raw material reserves, although the true value of these resources remains uncertain due to outdated Soviet-era surveys. According to a draft agreement reported by Economic Pravda, Ukraine would allocate 50% of its state-owned natural resource revenues to a domestic investment fund, but the deal lacks U.S. security guarantees. While Ukraine is believed to hold around 5% of the world's critical raw materials, including lithium and uranium, only a fraction of its mineral deposits are considered viable for development. Significant investment, estimated at $15 billion for major mining projects, is required, and the extraction process is expected to be costly and lengthy. Additionally, many valuable prospects lie in Russian-occupied territories, complicating the situation as Trump weighs support for Ukraine against potential negotiations with Russia.
Published: Feb 27 2025, 9 pmeznews.inThe Kremlin has firmly stated it will not return any Ukrainian regions it claims to have annexed, marking a significant barrier in ongoing peace negotiations with the United States in Istanbul. This latest round of talks follows a high-level meeting in Saudi Arabia, as US President Donald Trump seeks to expedite an end to the three-year conflict. Kremlin spokesman Dmitry Peskov emphasized that the annexed territories are "an inseparable part" of Russia, a claim dismissed as "laughable" by Ukrainian officials, who maintain their internationally recognized borders. Despite Ukrainian President Volodymyr Zelensky acknowledging his military's resource limitations, he remains open to diplomatic solutions for reclaiming territory. As diplomatic efforts intensify, Zelensky plans to meet Trump to discuss aid, while British Prime Minister Keir Starmer urges a US commitment to any potential ceasefire, amid fears that the US may compromise Ukraine's position in negotiations with Russia.
Published: Feb 27 2025, 9 pmeznews.inApple is facing a lawsuit from consumers who allege that its claims of carbon neutrality for three models of Apple Watches—Series 9, SE, and Ultra 2—are misleading. Filed in a San Jose federal court, the complaint by seven purchasers from California, Florida, and Washington, asserts that they would not have bought the watches or would have paid less had they known the truth. Launched in September 2023, Apple touted the watches as carbon neutral due to reduced emissions and carbon offset purchases. However, plaintiffs argue that the offset projects in Kenya and China did not produce genuine carbon reductions, as much of the land in question was already protected or forested before the projects began. They contend that Apple's claims are false and misleading, seeking unspecified damages and an injunction against the marketing of the watches as carbon neutral. Apple has not yet commented on the lawsuit.
Published: Feb 27 2025, 10 pmeznews.inBlue Origin, the space venture founded by Jeff Bezos, has announced that pop star Katy Perry and Lauren Sanchez, Bezos's fiancée, will be part of an all-female crew on its upcoming suborbital spaceflight. The company, which began launching tourists and celebrities into space in 2021, recently achieved a significant milestone by conducting the inaugural orbital test flight of its larger rocket, New Glenn. This latest mission continues Blue Origin's efforts to advance commercial space travel and promote inclusivity in the industry. The announcement was made on Thursday, highlighting the growing trend of high-profile individuals participating in space exploration.
Published: Feb 27 2025, 8 pmeznews.inA vehicle struck pedestrians in northern Israel on Thursday, resulting in at least seven injuries in what police are investigating as a "suspected terror attack." The incident occurred at the Karkur junction, south of Haifa, where police successfully intercepted the vehicle and apprehended a suspect believed to be responsible for the ramming. According to Magen David Adom, Israel's emergency medical service, one of the injured is in serious condition, while the others are receiving treatment at the scene. Authorities continue to assess the situation, emphasizing the ongoing threat of such attacks in the region.
Published: Feb 27 2025, 8 pmeznews.inMeta Platforms announced on Thursday that it has rectified a glitch that inundated Instagram users' Reels feeds with violent and graphic videos globally. The company did not specify the number of users affected by the error, which sparked numerous complaints on social media, even from those who had activated the "sensitive content control" feature intended to filter such material. A Meta spokesperson apologized for the oversight but did not provide details on how the error occurred. This incident raises further questions about Meta's content moderation policies, especially after its recent decision to discontinue its US fact-checking program across its major platforms, including Facebook and Instagram. Despite prohibiting violent content, the company has faced criticism for its reliance on automated moderation tools, which many argue compromises user safety, as evidenced by past failures to manage harmful content effectively.
Published: Feb 27 2025, 7 pmeznews.inTensions are escalating within the Trump administration following Elon Musk's ultimatum to federal workers, demanding they document their accomplishments or face job loss. Despite initial coordination between Musk and White House Chief of Staff Susie Wiles, the situation deteriorated after Trump encouraged Musk to adopt a more aggressive approach. Musk's email to 2.3 million civil-service employees, which warned that non-responses would be treated as resignations, caught many in the White House off guard, leading to frustration among senior staff. Although White House Press Secretary Karoline Leavitt claimed the administration was not blindsided, internal dissent is growing, with some agencies instructing employees to ignore Musk's directive. As Musk's Department of Government Efficiency (DOGE) continues to implement significant staffing cuts, questions arise over its authority and Musk's influence, prompting concerns among cabinet members and lawmakers about potential overreach.
Published: Feb 27 2025, 7 pmeznews.inShocking footage from the Spring Festival Gala in Tianjin, China, has emerged showing a humanoid robot, produced by Unitree Robotics, charging at festival-goers before being restrained by security personnel. The incident, which took place on February 9, was attributed to a "robotic failure" by event organizers, who claimed the robot had passed safety tests prior to the event. Reports suggest a software glitch may have triggered its erratic behavior. This alarming event is part of a broader trend of rogue AI incidents, including a previous case where a robot injured a Tesla engineer. The rising frequency of such occurrences has ignited concerns about the safety and reliability of AI technology, prompting public calls for improved testing and quality control. Social media reactions included worries about the implications of AI on human safety, with one user remarking, "So it begins," highlighting the anxiety surrounding the future of robotics.
Published: Feb 27 2025, 7 pmeznews.inUS President Donald Trump announced on Thursday that tariffs on Mexico and Canada will take effect on March 4, 2025, citing ongoing drug trafficking from those nations as the reason for the measures. In a post on his Truth Social platform, Trump also indicated that China will face an additional 10% tariff on the same date. This decision underscores Trump's continued focus on trade issues and border security, as he seeks to address what he perceives as threats to American safety and economic interests. The tariffs reflect a broader strategy to exert pressure on neighboring countries and China, as part of his administration's efforts to combat drug-related challenges and trade imbalances. The announcement has sparked discussions about its potential impact on relations with these countries and the overall economy.
Published: Feb 27 2025, 7 pmeznews.inThe Taliban's police force is employing a network of 90,000 CCTV cameras to monitor the daily lives of approximately 6 million people in Kabul, raising concerns about privacy and human rights. Khalid Zadran, a spokesperson for the Taliban police chief, stated that the surveillance system enables them to identify suspicious activities and track individuals using facial recognition technology, categorizing images by age, gender, and other features. Critics, including Amnesty International, warn that this extensive monitoring could enforce strict adherence to the Taliban's morality codes under Sharia Law, particularly affecting women. Residents, like Shella (name changed), report being pressured to pay for the installation of cameras near their homes, facing threats of utility cuts if they refuse. Amidst ongoing humanitarian crises, many question the necessity of such surveillance when millions are in dire need of aid.
Published: Feb 27 2025, 5 pm
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