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Ron DeSantis Endorses Trump
π€³22nd Jan 2024 | Apple Set to Unveil New iPad and MacBook Models by April, BRICS Bank Issues Local Currency Bonds, Google Admits Incognito Data Collection, and more!
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BUSINESS & ECONOMY
π US Fourth-Quarter GDP Highlights Strong Performance in Latter Half of Year
In the fourth quarter of 2023, US economic growth moderated, concluding a strong six-month period with a projected 2% annualized GDP increase, the best since 2021. Inflation is easing, with a predicted 3% rise in the Federal Reserve's preferred gauge, suggesting possible interest rate cuts. Bloomberg Economics forecasts a 2.7% full-year 2023 growth but anticipates a slowdown in early 2024.
π BRICS Bank Announces Local Currency Bond Release
BRICS, including Brazil, China, Russia, India, South Africa, and six new members, plans to issue 'Maharaja Bonds' worth $28 billion through the New Development Bank, as part of their de-dollarization initiative. These bonds, reported by Watcher Guru and announced by NDB's COO Vladimir Kazbekov, aim to reduce reliance on the US dollar and will be available in local currencies to a wide range of investors, supporting local economies.
WORLD
Source- Times of India
π Modi Inaugurates Ram Temple Amid Grand Religious Festivities in Ayodhya
The inauguration of the Lord Ram temple in Ayodhya, led by Indian PM Modi, marks a significant moment before his third-term election bid. Completing a 35-year BJP promise, the temple built on a historically contested site, previously home to the Babri Masjid, symbolizes Hindu awakening post centuries of subjugation. Criticized for politicizing religion, the event is seen as Modi's re-election launch amidst mixed Hindu-Muslim sentiments.
π US Base in Iraq Hit Following Iran's Revenge Threat for Damascus Strike
The US Central Command announced that Al-Assad base in Iraq was struck by "multiple ballistic missiles and rockets," following Iran's vow of revenge against Israel for attacking Damascus building housing Iranian forces. The escalation in attacks on US forces in Iraq and Syria aligns with Israel's expanded offensive, backed by Washington. CENTCOM revealed that US personnel are being evaluated for traumatic brain injuries, and one Iraqi was wounded.
π Netanyahu Declines Hamas Hostage Deal Demanding 'Outright Surrender'
Israeli Prime Minister Benjamin Netanyahu rejected Hamas' terms for ending the war and releasing hostages, demanding Israel's withdrawal and Hamas' control in Gaza. Despite a U.S.-brokered deal freeing some hostages, 136 remain captive. Families are demand action, asserting, "We must advance the deal now." Amidst this, Netanyahu's stance against Palestinian statehood remains rigid, insisting on "full Israeli security control" over territories west of the Jordan River, complicating the conflict's resolution.
SCIENCE & TECH
π Apple Set to Unveil New iPad Air, iPad Pro, and MacBook Air Models by April
Apple plans spring releases of new iPad Air, iPad Pro, and MacBook Air models, as reported by Bloomberg's Mark Gurman. The iPad Air will feature the M2 chip, while the iPad Pro introduces OLED displays and the M3 chip. MacBook Air models will also include the M3 chip, enhancing graphics. These launches precede Apple's WWDC in June, with no major design overhauls expected.
π Google Acknowledges Data Collection in Chrome Incognito Mode
Google settled a $5 billion lawsuit acknowledging Chrome's data collection in incognito mode. The judge ruled Google failed to inform users explicitly, impacting consent validity. Post-settlement, the incognito disclaimer was updated to: "This wonβt change how data is collected by websites you visit...including Google." The settlement is under finalization, with original claims seeking $5,000 per user for privacy law violations.
SPORTS & ENTERTAINMENT
Source- WION
π Josh Radnor of 'How I Met Your Mother' Ties the Knot
Actor Josh Radnor married Jennifer Jacobs in a snowy outdoor ceremony at Cedar Lakes Estate, NY. The couple, meeting in 2022 during a meditation, celebrated with 164 guests in a light blizzard, leading to an overnight stay. Radnor expressed awe at his marriage, calling it "cold and anxiety-producing, but also cosmic and divine," and celebrated his joy in marrying Jacobs, his "extraordinary" wife.
π Chiefs Secure Spot in Sixth Consecutive AFC Title Game with Classic Win Over Bills
In a riveting AFC playoff, the Kansas City Chiefs edged out the Buffalo Bills 27-24, advancing to their sixth consecutive AFC Championship. Highlighted by Chiefs' Pacheco's crucial touchdown and Bills kicker Bass's missed 44-yard field goal. Josh Allen summed up the loss: "Losing sucks. Losing to them, losing to anybody, at home, sucks." The Chiefs now face the Ravens in the championship.
OTHER NEWS
Source- AlJazeera
ποΈ Ron DeSantis Exits Presidential Race, Backs Trump
Florida Governor Ron DeSantis ended his presidential campaign and endorsed Donald Trump, conceding that GOP voters favor Trump. His campaign struggled with voter connection and internal issues, culminating in a poor Iowa caucus showing. DeSantis criticized Nikki Haley's "warmed-over corporatism" and Trump welcomed his support. This move leaves questions about DeSantis' post-gubernatorial political future.
π Navy SEALs Search Concluded After Maritime Raid on Iranian Arms Ship
The US military concluded its 10-day search for two Navy SEALs lost in the Arabian Sea, now presumed deceased. The mission involved intercepting Iranian-made weapons bound for Houthi rebels in Yemen. Over 21,000 square miles were searched, involving international support. General Erik Kurilla mourned, stating, βWe mourn the loss of our two Naval Special Warfare warriors... honor their sacrifice.β
π Northern Lights Expected in Several States Due to Geomagnetic Storm Watch
The U.S. faces a moderate G2 geomagnetic storm this week, following a solar eruption. NOAA's SWPC assures no public concern but notes potential northern lights visibility in states near Canada. Bill Murtagh explains, "Itβs essentially the Sun shooting a magnet out into space." This phenomenon, linked to the nearing peak of Solar Cycle 25, enhances aurora's chances.
THIS DAY THAT YEAR
On 21 January 1973, the U.S. Supreme Court delivered a landmark decision in the case of Roe v. Wade, declaring that a Texas statute that largely criminalized abortion violated a woman's constitutional right to privacy. This ruling marked a significant moment in American legal history.
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