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Aluminium prices fell on Friday, while zinc, nickel, and lead also declined. Investors reacted to reports that US President Donald Trump may ease tariffs on imported metals. Markets factored in the potential policy shift ahead of November’s midterm elections. The three-month aluminium contract on the London Metal Exchange dropped more than 2.5% to $2,965.75 per tonne by midday. On the Shanghai Futures Exchange, the most active aluminium contract fell 1.76% to 23,195 yuan per tonne. Industrial Metals Follow Aluminium Lower Zinc traded at $3,316.50 per tonne, down $51.95 or 1.54%. Nickel fell $257 to $16,993.38 per tonne, a decline of…
A new study suggests that a low-fat vegan diet could help people with type 1 diabetes use less insulin. Researchers found that dietary changes may improve daily blood sugar control and overall health management. Type 1 diabetes requires regular insulin injections to manage blood sugar. The study indicates that a plant-based, low-fat diet can complement insulin therapy, reducing the amount needed to maintain healthy glucose levels. The research followed participants who adopted a vegan diet rich in vegetables, fruits, legumes, and whole grains. After several weeks, many reported lower insulin requirements and more stable blood sugar readings. Experts say that vegan diets…
US inflation dropped to 2.4% in January after last year’s tariff-driven price swings.Prices rose 0.2% from December, while core inflation increased 0.3%.Economists had expected a slightly higher annual rate. Inflation reached 2.3% in April, climbed to 3% in September, then fell again late in the year.The White House called the new figure proof that its economic agenda is working.Officials argued that lower inflation will support future interest rate cuts. The Federal Reserve is studying the data before its March meeting.Jerome Powell said tariff effects will raise prices temporarily before stabilizing.The labor market remained firm, but job growth slowed sharply in…
The United Nations has created a 40-member scientific panel to study the risks and impacts of artificial intelligence (AI), marking what Secretary-General Antonio Guterres calls a “foundational step toward global scientific understanding of AI.” The move comes despite opposition from the United States and growing concern among AI researchers about the technology’s rapid development. A Worldwide Effort to Monitor AI The Independent International Scientific Panel on Artificial Intelligence will produce annual reports analyzing AI’s risks, opportunities, and societal effects. The UN General Assembly approved the panel with a vote of 117-2; the U.S. and Paraguay voted against it, while Tunisia…
US President Donald Trump revoked a 2009 scientific finding that classified greenhouse gases as a threat to public health. The rule had formed the legal foundation for federal actions to reduce emissions from vehicles, power plants, and industry. The White House described the move as the “largest deregulation in American history,” claiming it will lower vehicle costs by $2,400 and ease pressure on automakers. Environmental groups warned it represents the most significant climate rollback so far and promised to challenge it in court. Trump attacks Obama-era climate measures Speaking in the Oval Office, Trump called the 2009 finding “a disastrous…
The top legal adviser to the European Court of Justice has said the European Commission should not have released about €10bn in EU funds to Hungary. Advocate general Tamara Ćapeta argued that Hungary failed to fully implement the judicial reforms required to unlock the money. The commission had frozen the funds in 2022 over concerns about corruption and rule-of-law backsliding under prime minister Viktor Orbán. In 2023, it decided Hungary had met the conditions and lifted the suspension. The European Parliament challenged that move, claiming the commission made serious legal errors and acted with insufficient transparency. Ćapeta said the commission…
US and European defence ministers signaled this week that NATO must evolve, with Europe taking on a larger role in its own defence. While both sides agree on the need for change, their reasons differ: the US wants to pivot attention to other global regions, while European leaders are cautious about relying on an unpredictable American administration. US Under Secretary of War Eldridge Colby called for a “NATO 3.0,” urging European allies to assume primary responsibility for conventional defence. “Europe should field the preponderance of the forces required to deter, and if necessary, defeat conventional aggression in Europe,” he said.…
Narrow Vote Highlights Divisions in Congress The US House of Representatives voted to overturn President Donald Trump’s tariffs on Canadian goods. Lawmakers approved the resolution with 219 votes in favor and 211 votes against. Six Republican lawmakers joined Democrats to support the measure. The vote remains largely symbolic because the US Senate must approve it and Trump must sign it. Trump is very unlikely to approve the measure if it reaches his desk. Trump Escalated Tariffs After Re-Election Trump imposed several tariffs on Canada after his re-election. He recently threatened a 100% import tax in response to Canada’s proposed trade…
Aerobic exercise such as running, swimming or dancing can act as a frontline treatment for mild depression and anxiety, researchers say. A large analysis published in the British Journal of Sports Medicine found the strongest benefits in young adults and new mothers. Scientists reviewed 63 studies covering nearly 80,000 people. Activities included aerobic workouts, resistance training, yoga and tai chi. Aerobic exercise that raised heart rate showed the greatest impact on depression, while anxiety improved most with shorter, low-intensity programmes. Group or supervised exercise delivered additional benefits, suggesting social connection plays a key role. Lead researcher Neil Munro of James…
A small northern British Columbia community was rocked by tragedy on Tuesday when a shooting at Tumbler Ridge Secondary School left at least nine people dead. The suspected shooter was also found dead, and several others were injured, making this one of Canada’s deadliest school attacks in decades. Deadly Violence at School and Nearby Home Six people were found dead inside the secondary school, and another victim died while being transported to hospital, authorities said. The suspected gunman was discovered at the scene with what appeared to be a self-inflicted injury. Police later confirmed two more deaths at a nearby…
