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US President Donald Trump expressed optimism about fostering a "very good relationship" with China during a virtual address to the World Economic Forum in Davos. While acknowledging his personal admiration for President Xi Jinping, Trump criticized the current trade dynamics, which he described as "unfair," attributing significant trade deficits to policies of the Biden administration. He emphasized the need for a "level playing field," remarking that the US cannot sustain massive deficits with China or other Asian nations. Despite these trade concerns, Trump maintained that he and Xi have historically enjoyed a positive rapport, even amid tensions like the Covid-19 outbreak. He also highlighted the potential for China to play a role in resolving global conflicts, particularly in relation to the Russia-Ukraine war. The WEF summit, running from January 20 to 24, serves as a crucial platform for discussing global economic challenges and sustainability.
Published: Jan 24 2025, 11 ameznews.inUS President Donald Trump has signed an executive order to ban the establishment of a central bank digital currency (CBDC), a move aligned with the views of many Congressional Republicans. Trump argued that CBDCs pose risks to financial stability, individual privacy, and national sovereignty, prohibiting their establishment, issuance, circulation, and use within the US. CBDCs, often referred to as "digital dollars," could theoretically be issued by the Federal Reserve, allowing it to control a virtual currency's supply and value. Supporters, including former President Joe Biden, have highlighted potential benefits, such as increasing financial inclusion for unbanked individuals and aiding in the fight against crime. However, critics warn that CBDCs could compromise privacy and destabilize the traditional banking system. The Federal Reserve has conducted research on the topic but has reiterated that it has no immediate plans to issue a CBDC.
Published: Jan 24 2025, 1 pmeznews.inIn a significant crackdown on illegal immigration, the Trump administration has arrested 538 undocumented migrants within days of the president's inauguration, leading to hundreds of deportations via military aircraft. White House press secretary Karoline Leavitt highlighted the operation's scale, which includes apprehending a suspected terrorist and members of the Tren de Aragua gang, along with individuals convicted of serious crimes against minors. Following the inauguration on January 20, Trump signed an executive order aimed at addressing what he describes as an "invasion" of illegal immigration, citing security threats posed by undocumented individuals. The order reflects concerns over the influx of migrants over the past four years. Additionally, Congress has approved the GOP-led Laken Riley Act, facilitating the detention and deportation of undocumented migrants charged with specific crimes. The administration asserts this operation is part of its commitment to securing U.S. borders.
Published: Jan 24 2025, 2 pmeznews.inAt the World Economic Forum in Davos, Wipro Ltd Executive Chairman Rishad Premji emphasized the critical role of employee reskilling in the successful adoption of artificial intelligence (AI) within companies. He noted that as AI becomes increasingly integral to industries and governance, organizations must ensure their workforce is equipped with the necessary skills to leverage this technology effectively. Wipro has made strides in this direction, with over 235,000 employees undergoing "generative AI training," and 50,000 achieving higher certifications. Premji outlined three key focuses for Wipro's AI strategy: improving internal operations, enhancing service delivery, and developing innovative, context-specific solutions for clients. He also highlighted the potential of agentic AI, which can autonomously adapt and learn. The discussions at Davos included participation from nearly 3,000 leaders, with India's delegation aiming to boost investment and showcase its commitment to sustainable development and technological advancement.
Published: Jan 24 2025, 2 pmeznews.in"Anne Frank: The Exhibition" is set to open on January 27 at the Center for Jewish History in Union Square, offering visitors a poignant insight into the life of Anne Frank, a young girl who hid from the Nazis during the Holocaust. The exhibition features a life-size model of the secret annexe in Amsterdam where Anne and her family, alongside four others, spent two years in hiding from 1942 to 1944. Artefacts on display include Anne's decorated postcards, the bedroom of her fellow hideaway Peter van Pels, and the Frank family's cherished china. Additionally, Miep Gies' typewriter, used to preserve Anne's diary, will be showcased. Otto Frank, the only family member to survive, returned to find his daughter’s words immortalized, and now, the recreated Anne Frank House in New York will allow visitors to step into the intimate world where her remarkable story unfolded.
Published: Jan 24 2025, 2 pmeznews.inOn a frigid evening in Poland, 96-year-old Esther Senot shared her harrowing experiences as a teenager at Auschwitz-Birkenau with a group of French students. Senot, who was deported to the camp in 1943, recalled her sister's plea for her to ensure the memories of their suffering were not forgotten. As the last generations of Holocaust survivors dwindle, the importance of passing on their stories becomes increasingly urgent. With over a million people killed at Auschwitz during the Nazi regime, the site serves as a grim reminder of the atrocities committed. Rabbi Haim Korsia emphasized the significance of these visits, stating that young people become "witness to witnesses." Meanwhile, initiatives like Alexandre Borycki's interactive classroom project and Sophie Nahum's social media outreach aim to engage a new generation with Holocaust history. Amid rising anti-Semitism, Senot's poignant message serves as a reminder of the need for vigilance against hatred.
Published: Jan 24 2025, 2 pmeznews.inA US District Judge has blocked former President Donald Trump's executive order aimed at revoking birthright citizenship, deeming it "blatantly unconstitutional." Judge John Coughenour's ruling came in response to Trump's interpretation of the 14th Amendment, which asserts that anyone born in the US is a citizen. The executive order proposed to deny automatic citizenship to children born to undocumented parents, potentially affecting over 150,000 newborns annually if upheld. Trump has indicated plans to appeal the ruling. This move could significantly impact Indian families engaged in "birth tourism," where parents travel to the US to give birth, securing citizenship for their children. With approximately 5.2 million Indian Americans in the US, and around 220,000 unauthorized Indian immigrants as of 2022, the implications of this order could reshape citizenship opportunities for many within the Indian community.
Published: Jan 24 2025, 12 pmeznews.inPop star Ariana Grande has condemned President Donald Trump's recent executive order, which restricts the recognition of gender to only male and female, potentially jeopardizing the rights of the LGBTQ+ community. Signed on Martin Luther King Jr Day, the order mandates that federal agencies enforce laws based on biological distinctions between sexes. Grande expressed her dismay on Instagram, stating, "Today is a tough day for our community," and highlighting the administration's campaign against trans rights. Known for her advocacy, she previously shared a heartfelt connection to LGBTQ+ issues, particularly through her relationship with her gay brother, Frankie. In a related call for compassion, Episcopal Bishop of Washington, Mariann Edgar Budde, urged Trump to protect marginalized groups, including LGBTQ+ youth, during his inaugural prayer service, emphasizing the fear faced by many in the community across all political affiliations.
Published: Jan 24 2025, 12 pmeznews.inAs Los Angeles grapples with the aftermath of devastating fires, concerns loom over President Donald Trump's impending visit and potential withdrawal of federal aid. Scheduled to arrive on Friday, Trump will witness firsthand the extensive damage, with recovery costs projected in the billions. While former President Joe Biden had assured support, Trump has publicly criticized California Governor Gavin Newsom and suggested withholding federal funds until water management issues are addressed, despite the lack of a simple solution. Local residents, like Sebastian Harrison, who lost his Malibu home, express fears over their recovery without federal assistance. The political dynamics complicate matters, as areas affected include both affluent neighborhoods and less wealthy communities. Governor Newsom has urged for bipartisan support in disaster relief, emphasizing the importance of unity in recovery efforts. California's attorney general warned that the state is prepared to take legal action if necessary to secure federal assistance.
Published: Jan 24 2025, 12 pmeznews.inIn a recent Fox News interview, former US President Donald Trump expressed his intention to reach out to North Korean leader Kim Jong Un once again, describing him as a "smart guy." Trump previously engaged in a unique diplomatic relationship with Kim during his presidency from 2017 to 2021, famously stating that the two "fell in love." However, efforts to secure a lasting agreement to curb North Korea's nuclear ambitions were ultimately unsuccessful, as acknowledged by his former Secretary of State Marco Rubio, who labeled Kim a "dictator." North Korea continues to pursue nuclear weapons, citing threats from the US and its allies, while the international community, including the UN, warns of the destabilizing effects of its nuclear program. Amidst rising tensions, Seoul’s defense ministry reaffirmed its commitment to denuclearization, rejecting any recognition of North Korea as a nuclear power.
Published: Jan 24 2025, 12 pmeznews.inFollowing a brief ban on TikTok in the US, users who uninstalled the app are now willing to pay exorbitant sums for smartphones with TikTok pre-installed, as the app remains unavailable for download on major platforms. An iPhone 15 Pro with TikTok was listed on eBay for nearly $5 million, while users on social media are offering up to $5,000 for devices with the app. This frenzy follows a situation where some TikTok users mistakenly deleted the app, believing it would be permanently banned. Despite President Trump's intervention to extend TikTok's availability, Google and Apple have paused downloads due to legal requirements, citing obligations to adhere to US laws. Analysts suggest both companies are awaiting further protections before resuming distribution. Trump has indicated that the extension may provide time for a potential buyer for TikTok's US assets, with Elon Musk mentioned as a possible candidate.
Published: Jan 24 2025, 1 pm
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