2025-02-26Niranjan Ghatule
Taiwan’s economy closed 2024 with a bang, posting a stellar 2.9% GDP growth in Q4—smashing estimates of 1.8% and cementing its tech-driven resurgence. Fueled by a global AI boom and robust semiconductor exports, the island outperformed expectations, revising its full-year 2024 growth to 4.59%.
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2025-02-26Niranjan Ghatule
The Hang Seng Index soared to a multi-year high on February 26, 2025, fueled by a tech-driven rally, while India's Nifty 50 continued to face pressure amid global economic concerns. With geopolitical tensions and policy shifts shaping market trends, investors are navigating a volatile landscape. Read on to explore the key drivers behind these contrasting market movements.
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2025-02-25Niranjan Ghatule
A shocking new disclosure has confirmed that the Internal Revenue Service (IRS), under the Biden administration, leaked the private taxpayer information of more than 405,000 individuals and business entities. Among those affected is former President Donald Trump, reigniting concerns over political targeting and the agency’s ability to protect sensitive financial data.
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2025-02-25Niranjan Ghatule
In a surprising and controversial move, the United States, under President Donald Trump’s leadership, joined Russia in voting against a United Nations General Assembly resolution condemning Russia’s invasion of Ukraine. This marks a significant shift in U.S. foreign policy, as Washington has previously been a staunch supporter of Ukraine in its fight against Russian aggression.
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2025-02-25Niranjan Ghatule
Europe’s car market saw a 2.6% drop in new registrations in January 2025, marking one of the lowest sales months in recent years. However, electric vehicles are gaining momentum, with battery electric vehicles capturing 15% of the market and growing by 37%. Meanwhile, petrol and diesel vehicle sales continue to decline, and Tesla has experienced a sharp 45% drop in European sales.
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2025-02-25Niranjan Ghatule
In a recent Truth Social post, President Donald Trump reaffirmed his commitment to reviving the Keystone XL Pipeline, a major oil infrastructure project that was halted during Joe Biden’s presidency. Trump strongly criticized the Biden administration’s decision to cancel the pipeline, calling it an act of incompetence and a blow to America’s energy independence.
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2025-02-24Niranjan Ghatule
Apple has announced a massive $500 billion investment in the United States over the next four years. This initiative aims to boost domestic manufacturing, enhance AI and semiconductor technology, and expand its workforce across multiple states. Former President Donald Trump praised the decision, citing it as a sign of confidence in the U.S. economy.
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2025-02-23Niranjan Ghatule
Germany has witnessed a major political shift as Friedrich Merz’s conservative bloc secured victory in the national parliamentary elections, while the far-right Alternative für Deutschland (AfD) achieved a historic surge. Chancellor Olaf Scholz’s Social Democratic Party (SPD) suffered a devastating defeat, recording its worst postwar performance.
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2025-02-23Niranjan Ghatule
Ukrainian President Volodymyr Zelensky refutes claims that Ukraine owes the U.S. $500 billion, emphasizing that the aid was provided as grants, not loans. As negotiations continue over resource agreements, the debate over international aid transparency and sovereignty intensifies.
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