Author: LoveWorld UK

TRUDEAU FACES MOUNTING CALLS TO STEP DOWN- By Opposition Party In Parliament Canadian Prime Minister Justin Trudeau is under increasing pressure to quit after Finance Minister Chrystia Freeland resigned over a policy clash on Monday. In its closing Question Period before a month-long winter break, on Tuesday Canada’s House of Commons reverberated with discord as Trudeau’s political opponents lambasted the absent prime minister for the recent upheaval and for posting a $62 billion deficit for the year. Liberal MP Dominic LeBlanc, previously public safety minister and one of Trudeau’s closest friends, was named as the new finance minister on Monday…

ENGLAND IN TOUGH WOMEN’S EURO 2025 GROUP WITH FRANCE AND NETHERLANDS – Euro 2025 tournament after the draw was made in Switzerland European champions England will renew their rivalry with France and the Netherlands and also clash with debutants Wales in the group stage of the Women’s Euro 2025 tournament after the draw was made in Switzerland on Monday (December 16).  World Cup winners Spain, second in the FIFA rankings and hungry to claim a first Euro title, should have an easier path against Group B opponents Portugal, Belgium and Italy.  Eight-times European champions Germany, who are ranked third in…

ALIBABA TO SELL DEPARTMENT STORE CHAIN IN TIME – The deal comes as Alibaba looks to shift focus to its core e-commerce and cloud operations Alibaba Group said that it will sell its department store unit Intime to a consortium comprising of textiles firm Youngor Fashion and some of Intime’s management for 7.4 billion yuan ($1.02 billion), subject to customary regulatory approvals. The deal comes as Alibaba looks to shift focus from its dominance in China’s retail sector to its core e-commerce and cloud operations. Alibaba, which owns a 99% stake in Intime, expects to record a loss of about…

VOLKSWAGEN UNIONS CALL FOR SOLUTION –  Unions have threatened strike action from 2025 if an agreement is not reached this year Volkswagen’s works council chief said negotiations with management over cost cuts must find a solution which excludes plant closures or redundancies, as a last-ditch round of talks before Christmas gets underway. A compromise must be struck which is good for both the workers and the company, the union said as the fifth round of talks was due to begin. Unions have threatened strike action at an unprecedented scale from 2025 if an agreement is not reached this year. “If…

BOMB IN ELECTRIC SCOOTER KILLS SENIOR RUSSIAN GENERAL-“Igor Kirillov and his assistant were killed”, says Investigative Committee A bomb hidden in an electric scooter killed a senior Russian general in charge of nuclear protection forces in Moscow today, Russia’s investigative committee said. Lieutenant General Igor Kirillov, who is chief of Russia’s Nuclear, Biological and Chemical Protection Troops, was killed outside an apartment building on Ryazansky Prospekt, southeast of the Kremlin. The investigative committee said Igor Kirillov, the head of the radiation, chemical and biological protection forces of the armed forces of the Russian Federation, and his assistant were killed. A…

AMORIM’S BOLD DECISION VINDICATED- Guardiola shoulders blame for another collapse A couple of hours before Manchester United’s 2-1 comeback victory over rivals Manchester City, United manager Ruben Amorim was already making headlines for his bold decision to leave forwards Marcus Rashford and Alejandro Garnacho at home. Amorim’s men roared back in the dying minutes to beat City at the Etihad Stadium on Sunday (December 15) thanks to goals from Bruno Fernandes and Amad Diallo, and the United boss said his decisions were all about holding his players to high standards. Omitting Rashford and Garnacho, Amorim said, however, was not a…

U.S. COURT REJECTS TIKTOK REQUEST TO HALT PENDING U.S. BAN – Without court action, the law will shut down TikTok  A U.S. appeals court rejected an emergency bid by TikTok to temporarily block a law that would require its Chinese parent company ByteDance to divest of the short-video app by Jan. 19 or face a ban on the app. TikTok and ByteDance filed the emergency motion with the U.S. Court of Appeals for the District of Columbia, asking for more time to make their case to the U.S. Supreme Court. Friday’s ruling means that TikTok now must quickly move to…

BITCOIN POWERS ABOVE $105,000 FOR THE FIRST TIME – Bitcoin hit a high of $105,142 and last traded up 3.3% at $104,760 Bitcoin surged more than 3% to a record high above $105,000 in early Asian trade, extending gains made since Republican Donald Trump, who has promised to champion cryptocurrencies, was elected U.S. president in November Bitcoin hit a high of $105,142 and last traded up 3.3% at $104,760. Bitcoin rose above $100,000 for the first time on December 5 as the election of Republican Donald Trump as president of the United States spurred expectations that his administration will create…

UK APPROVES $6.7 BLN BID FOR ROYAL MAIL PARENT – The British government has approved Czech billionaire Daniel Kretinsky’s takeover The British government has approved Czech billionaire Daniel Kretinsky’s 5.3-billion-pound ($6.69 billion) takeover of Royal Mail owner International Distribution Services IDSI.L,. The approval is set to be announced  officially later today, the report said, citing people familiar with the matter. International Distribution Services (IDS) and the Competition and Markets Authority, Britain’s competition regulator, did not immediately respond to a Reuters request for comment. Kretinsky and IDS had reached an agreement in May on the deal, which was expected to undergo…

SCIENTISTS WARN OF MAN-MADE ‘MIRROR BACTERIA’ THREAT – Leading scientists say the biological advancement could pose a grave threat to all life on Earth Leading scientists have issued a warning about a newly developed synthetic life form known as “mirror bacteria,” which could pose a grave threat to all life on Earth. The concern arises from the bacteria’s unique molecular structure, which differs fundamentally from all known forms of life. This synthetic creation, with its reversed or “mirrored” molecular properties, could potentially disrupt ecosystems and jeopardize human health if not carefully controlled. Traditional life relies on molecules with specific structures:…