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An explosion at Iran's Shahid Rajaei port, linked to the Bonyad Mostazafan foundation overseen by Supreme Leader Ayatollah Ali Khamenei, has resulted in at least 70 fatalities and over 1,000 injuries. This foundation, subject to U.S. sanctions for allegedly enriching Khamenei and supporting the Revolutionary Guard, has significant economic power in Iran, managing assets worth billions. While Iranian authorities have not confirmed the cause of the blast, local reports suggest it involved a highly explosive cargo, possibly related to missile fuel, raising concerns about the foundation's operations. Satellite images indicate the explosion's epicenter was near the foundation's terminal, which handles dangerous materials. Experts have drawn parallels to past catastrophic blasts involving chemical compounds, noting a reddish cloud observed prior to the explosion. Despite denials from Iranian officials regarding missile fuel imports, the incident has sparked widespread speculation about the nature of the cargo involved. 
Published: May 01 2025, 3 pmeznews.inPakistani FM radio stations have ceased broadcasting Indian songs following heightened tensions between India and Pakistan after the Pahalgam terror attack, which claimed 26 lives, predominantly tourists, in Jammu & Kashmir on April 22. The Pakistan Broadcasters Association (PBA) announced the immediate halt, with Secretary General Shakeel Masood confirming the decision. Popular Indian music, featuring icons such as Lata Mangeshkar and Mohammed Rafi, has long resonated with Pakistani audiences. Information Minister Atta Tarar praised the PBA's move, suggesting it reflects national sentiment amid rising hostilities. In response to the attack, India has implemented a series of punitive measures, including suspending the Indus Waters Treaty, closing the Attari border crossing, and downgrading diplomatic relations. Additionally, India has closed its airspace to Pakistani airlines. Tarar emphasized the ban on Indian music symbolizes unity and support for national values during this challenging period.
Published: May 01 2025, 8 pmeznews.inUS National Security Advisor Mike Waltz is set to resign amid controversy surrounding the accidental disclosure of sensitive airstrike plans via the messaging app Signal. Reports indicate that Waltz mistakenly included The Atlantic's editor-in-chief, Jeffrey Goldberg, in a group chat where high-level discussions about potential strikes on Iran-backed Houthis in Yemen were taking place. In a statement on March 26, Waltz accepted "full responsibility" for the error, emphasizing his role in coordinating communications and expressing regret over the incident. He clarified that he does not personally know Goldberg, underscoring the unintentional nature of the breach. The incident, dubbed "Signalgate," has raised concerns about information security within the National Security Council, prompting calls for greater oversight in the handling of classified discussions.
Published: May 01 2025, 8 pmeznews.inIn a spectacle reminiscent of a reality show, U.S. President Donald Trump hosted a live Cabinet meeting on Wednesday to mark his administration's first 100 days, where members lavished praise on him for over two hours. The event, characterized by forced applause and a lack of substantial policy discussion, featured notable moments such as tech mogul Elon Musk wearing two hats—one for the Department of Government Efficiency—while declaring the administration could be "the greatest since the dawn of the country." Trump opened with exaggerated claims about border security and thanked his team for their "amazing" work, despite a recent GDP contraction of 0.3%. Critics dismissed the meeting as political theatre, highlighting the disconnect between polished messaging and ongoing legal challenges facing the administration. Ultimately, the event underscored Trump's blend of governance and spectacle, aiming to maintain control and unity amid a tumultuous political landscape.
Published: May 01 2025, 7 pmeznews.inIn a landmark achievement for the Punjabi community, the 2025 Canadian federal elections saw 22 candidates of Punjabi origin elected to the House of Commons, representing over 6% of Parliament. Among the notable victories were Liberal candidates Ruby Sahota and Anita Anand, while NDP leader Jagmeet Singh faced a surprising defeat in Burnaby Central, resulting in his resignation as party president. Brampton, a city with a significant Punjabi population, witnessed intense competition, with both Liberal and Conservative candidates winning key constituencies. Alongside Sahota, other successful Liberal politicians included Anju Dhillon and Randeep Sarai, while the Conservative Party also celebrated victories with candidates like Jasraj Hallan and Tim Uppal. This election underscores the increasing influence of the Punjabi diaspora in Canadian politics, marking a pivotal moment in the representation of minority communities within one of the world’s most progressive democracies.
Published: May 01 2025, 7 pmeznews.inAir India faces potential additional costs of up to $600 million due to Pakistan's airspace ban on Indian airlines, which could remain in effect for a year. The closure, prompted by diplomatic tensions following a terrorist attack, will necessitate longer flight routes and increased fuel expenses, significantly impacting Air India's operations and passenger services. The airline anticipates annual losses exceeding $591 million as a result. In response, Air India has requested government subsidies to alleviate the financial burden, citing that similar support for affected international flights would be a fair solution. Other airlines, including IndiGo, are also experiencing longer flight times, but the impact is most pronounced for Air India, which operates a majority of international flights over Pakistan. The Indian government is reportedly exploring measures to assist affected airlines, including potential tax breaks and collaboration with China for overflight permissions.
Published: May 01 2025, 7 pmeznews.inCrypto investment firm Paradigm's unconventional hiring of 19-year-old MIT dropout Charlie Noyes has proven successful, as he has risen to the position of general partner at the $12 billion company. Noyes, who famously arrived five hours late to his first meeting, initially frustrated co-founder Matt Huang but has since showcased his exceptional talent and insight into the crypto landscape. Having discovered Bitcoin at age 12, Noyes was already a published researcher by 19 before dropping out of MIT to join Paradigm. Huang notes that integrating young talent like Noyes posed challenges, but once expectations were clarified, their contributions became invaluable. Paradigm now boasts a roster of young prodigies, including CTO Georgios Konstantopoulos and a developer known as @transmissions11. As companies worldwide increasingly embrace Gen Z employees, experts highlight their potential to rejuvenate workplaces with fresh ideas and innovative approaches.
Published: May 01 2025, 7 pmeznews.inDmitry Medvedev, a senior Russian security official, criticized a recent minerals deal between Ukraine and the United States, claiming it indicates that US President Donald Trump has compelled Kyiv to finance future military aid with its mineral resources. The agreement, signed in Washington, grants the US preferential access to Ukrainian minerals and supports investment in Ukraine's reconstruction. Additionally, the Trump administration reportedly informed Congress of plans to approve defence-related exports to Ukraine, marking a significant step since Trump's return to the White House. Medvedev, now a prominent anti-Western figure, suggested that Ukraine's reliance on its national wealth for military supplies reflects a deepening subjugation to US influence. As the US grows impatient with stalled peace talks, Moscow has expressed a willingness for negotiations, while Kyiv calls for an immediate ceasefire. Analysts predict the minerals deal will complicate Russia's objectives in Ukraine, further entrenching US involvement.
Published: May 01 2025, 6 pmeznews.inAverage CEO pay in India has surged to $2 million annually, as reported by Oxfam, highlighting a stark contrast with the mere 0.9% increase in average worker wages since 2019. The global CEO compensation has risen by 50% in real terms over the same period, while billionaires amassed an average of $206 billion in new wealth last year, equivalent to $23,500 per hour. Although the gender pay gap among 11,366 corporations worldwide has narrowed from 27% to 22% between 2022 and 2023, female employees still effectively work unpaid on Fridays. Wage inequality persists, particularly in low-income countries, where the richest 10% earn 3.4 times more than the poorest 40%. Amidst rising living costs, Oxfam's executive director Amitabh Behar criticized the system that allows CEO pay to soar while many workers struggle to afford basic necessities.
Published: May 01 2025, 4 pmeznews.inEthel Caterham, a 115-year-old British woman, has become the world's oldest person following the death of Brazilian nun Inah Canabarro Lucas, aged 116. Born on August 21, 1909, in Hampshire, Caterham, the last living subject of King Edward VII, resides in a Surrey care home after outliving her husband and both daughters. Recognized by the US-based Gerontological Research Group and LongeviQuest, she celebrated her milestone birthday last August with a letter from King Charles III. Caterham attributes her longevity to a life philosophy of avoiding arguments and embracing opportunities. A great-grandmother of eight, she traveled to India as a young woman and continued to drive until nearly 100 years old. Despite surviving Covid at 110, she emphasizes the importance of family and maintaining a positive outlook on life. Caterham's remarkable life story reflects resilience and a commitment to cherishing family memories.
Published: May 01 2025, 5 pmeznews.inSINGAPORE: The long-awaited International Thermonuclear Experimental Reactor (ITER) project, involving over 30 nations, has reached a critical milestone with the assembly of the world's most powerful magnet, essential for generating clean energy through nuclear fusion. Located in southern France and supported by major powers including the US, China, Japan, and the EU, the project aims to create a magnetic system to contain super-hot plasma for energy production. The final component, the central solenoid, has been completed and tested, with assembly now underway, although the project has faced a four-year delay since its initial 2021 deadline. ITER's director general, Pietro Barabaschi, expressed optimism about the project's future, emphasizing international cooperation despite geopolitical tensions. While there is growing investment in fusion technology, Barabaschi remains cautious about the timeline for achieving cost-effective fusion, suggesting it may take longer than a decade.
Published: May 01 2025, 2 pm
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