Gita Gopinath, the IMF's First Deputy Managing Director, will depart at the end of August to return to Harvard University. Her exit, surprising to many, opens an opportunity for the U.S. Treasury to propose a successor amidst global trade dynamic shifts. Gopinath, the first female chief economist, joined the IMF in 2019 and was promoted in 2022.
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Astronomer CEO Andy Byron's public embrace with his Chief People Officer at a Coldplay concert ignited a scandal, raising questions about workplace ethics and his marriage. Byron's wife, Megan Kerrigan, responded by removing his surname from social media, hinting at marital strain. The incident sparked widespread online reactions, with many supporting Kerrigan amidst affair rumors.
Concerns are rising in Dhanbad as reports surface of a potential mine collapse trapping at least twelve miners in an illegal coal mine. While authorities claim no evidence of the incident has been found, political tensions escalate with accusations flying between ruling and opposition parties regarding the prevalence of illegal mining.
In Goalpara district, Assam, a joint police and forest force team faced a violent clash with evicted settlers in the Paikan reserve forest, resulting in at least one fatality. The authorities were conducting an eviction drive, continuing from last Saturday when 140 hectares of forest land were cleared, impacting hundreds of houses and religious structures built by Bengal-origin migrant Muslims.
Demis Hassabis, Google DeepMind's CEO, is being viewed by some within Google as a possible successor to Sundar Pichai. Similar to Pichai's rise, Hassabis' increasing influence, especially in AI, fuels this speculation. While some believe his passion for research might deter him, his leadership of Google's AI initiatives positions him as a strong candidate.
The Election Commission has announced a nationwide Special Intensive Revision (SIR) of electoral rolls to safeguard the integrity of voter lists, citing its constitutional duty. This decision arrives amidst opposition uproar, particularly in Bihar, where concerns about the revision process have been raised.
A tragic bus accident in Mandi district, Himachal Pradesh, claimed the lives of eight people and injured 21 others. The Himachal Roadways Transport Corporation bus plunged into a gorge near Maseran after a retaining wall collapsed. Locals initiated rescue efforts, and the injured were transported to nearby hospitals.
Israel launched a direct strike on the Syrian military headquarters in Damascus following escalating violence against Druze civilians in southern Syria. The IDF confirmed the strike, targeting military infrastructure near the Defense Ministry, as part of a broader campaign to deter threats near Israel's northern border.
Donald Trump visited the Federal Reserve renovation site. He attacked Jerome Powell regarding rising costs. The project's budget increased from $1.9 billion to $2.5 billion. Trump suggested firing Powell over the budget issues. He also pushed for interest rate cuts. Trump believes high rates are hindering home purchases. The Fed is likely to maintain current rates next week.
Astronomer CEO Andy Byron and HR head Kristin Cabot were caught on camera sharing an intimate moment at a Coldplay concert, sparking controversy. The video, captured by a 'kiss cam,' went viral, leading Astronomer to launch a formal investigation and place Byron on leave. Co-founder Pete DeJoy has stepped in as interim CEO amidst concerns about workplace conduct.