Japanese banks are preparing with training for a move in policy rates.
Japan's central bank has kept interest rates zero for the past eight years to boost the country's stagnating economy. In other words, banks were incentivized to lend more by charging a fee to maintain surplus reserves. However, a policy change is coming because inflation has been above the Bank of Japan's 2% objective for more than a year. The Bank of Japan is anticipated to increase interest rates for the first time since 2007 as early as this week. Watch to find out more!
Food crisis in Haiti: UN warns of escalating starvation as gang rule
Over a million people are at risk of starvation due to Haiti's political unrest and gang-related violence, with child malnutrition comparable to that in conflict zones. Several issues, including gang violence, economic collapse, and political instability, have contributed to Haiti's catastrophic predicament.
Another terrible fire season is expected in Canada | Climate Tracker
The remnants of the record-breaking wildfire season of the previous year linger in the dead of Canadian winter. Under heavy snowfall, so-called zombie flames are spreading faster than ever before.
Hundreds assemble in South Korea for a 'power sleep' event.
On Saturday (May 18), South Koreans closed their eyes and relaxed for a sleeping contest aimed at raising awareness about the need of rest in a country with one of the world's lowest sleep quality rankings.
Will Russian politics alter as a result of Alexey Navalny's passing?
Despite imprisonment for years, he was well-respected worldwide and Vladimir Putin's most outspoken critic. As soon as Russia declared Alexey Navalny dead, that voice of disapproval was muffled. Leaders around the world have not hesitated to accuse Putin of eliminating yet another Russian who ventured to oppose him. Next month, voters will have the opportunity to decide if Putin is re-elected for a fifth term. The vote was widely seen as inevitable because so few voices opposed his protracted leadership. So, who could take his place?
large-scale protests against the far right across Germany
According to the organizers, over 1.4 million people participated in protests against the far right over the weekend. Due to crowding, the rally in Munich had to be shortened. Nationwide, the protests were publicized in over 100 locations. Thousands of protesters protested outside the parliament in Berlin. The fury stems from rumors that far-right extremists and Alternative for Germany party members met to discuss plans for the mass expulsion of immigrants and people of foreign ancestry.
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Microsoft terminated the Office 'Teams' package and is under EU inquiry.
Microsoft Teams, the well-known platform for collaboration, is undergoing a significant change. Microsoft is expanding this move globally after removing teams from European office products last year to avoid an antitrust fine.
Russia discovered enormous oil and gas deposits in Antarctica.
Russia discovered massive oil and gas deposits in the Antarctic, with much of it in areas claimed by the United Kingdom. MPs have expressed concern that the studies are a prelude to drilling rigs exploiting fossil fuels from the pristine area. Watch to learn more. Broadcast on May 12, 2024
Israeli attacks on mosques make Gazans afraid to attend the nighttime prayers of Ramadan.
Ramadan's first day is "difficult," according to English instructor Mahmoud Al-Qeshwi of Rafah, who told Al Jazeera that food is still hard to come by and costs "ten times" as much as before the war. Working at a free volunteer food kitchen, he claimed to serve hot meals to "tens of thousands" of displaced families daily. While there are still some mosques where people can pray, "a lot of people are afraid to go," Al-Qeshwi said as a large number of Palestinians in Gaza participated in the evening prayers of Ramadan.
The extraordinary heatwave in India has claimed scores of lives in just 24 hours. With this, the death toll from heatwaves around the country has surpassed 150.
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