Donald Trump's team explored downsizing banking regulators. Wall Street remained unconcerned, citing political roadblocks. The potential elimination of the FDIC was discussed. This raised concerns about financial stability. Experts highlighted the FDIC's crucial role in bank resolutions. US bank stocks dipped marginally. The Senate Banking Committee will likely influence regulatory changes.
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Vietnam's new "decree 147," implemented in December, tightens regulations on social media platforms like Facebook, YouTube, and TikTok, granting authorities increased control over online content. The decree mandates user account verification, data storage within Vietnam, and swift removal of posts deemed illegal. Critics argue it will further stifle free speech and dissent, as the government intensifies its crackdown on political content and citizen journalism, with social media companies facing... Expand
Megyn Kelly said the audience booing Taylor Swift at the Super Bowl was justified as she alienated half of the country by endorsing Kamala Harris and Tim Walz. "You may remember she named Kamala Harris’ running mate Tim Walz – a lunatic who literally would like to trans our children and take custody away from us if we don’t want to do it – as the reason for her endorsement," Kelly said.
China began live-fire drills in the Gulf of Tonkin after Vietnam established a new territorial baseline. The drills, running through Thursday, follow ongoing maritime disputes between China and Vietnam, particularly in the South China Sea. China has grown increasingly aggressive, clashing with Vietnam, the Philippines, and other nations over territorial claims. Recent tensions include confrontations with Philippine forces and concerns from Australia and New Zealand over sudden Chinese naval... Expand
Former Texas megachurch pastor Robert Preston Morris, 63, surrendered to Oklahoma authorities on charges of child sexual abuse. Morris was accused of committing lewd acts with a child from 1983 to 1987. Having resigned last year, Morris faces five counts, each carrying up to 20 years imprisonment. The case drew attention, given Morris' past political activities.
US diplomats met with Syria's new leader, Ahmed al-Sharaa, head of Hayat Tahrir al-Sham (HTS), following the ouster of President Bashar al-Assad. Concerns remain about minority and women's rights under the Islamist-led government. International powers are calling for an inclusive government, while Kurdish groups fear Turkish attacks. Demonstrations in Damascus protested against religious rule.
ICE officers have arrested several violent offenders in sanctuary cities, including a Haitian suspected gang member with 17 convictions. These actions are part of Trump's administration's mass deportation efforts, contrasting Biden’s immigration policies. Over 300 undocumented migrants with criminal records were detained in various cities like Boston, Denver & Miami. The administration aims to remove 700,000 undocumented migrants with criminal records from the US.
Highway 407 drivers in Ontario can travel for free during rush hour in March, thanks to 407 ETR's promotion. The offer, available for personal vehicles with Ontario plates, requires signing up for an account by February 28. Tolls, camera charges, and account fees are waived, but transponder lease fees still apply.
Pakistan launched its first locally developed Electro-Optical satellite from China’s Jiuquan Satellite Launch Centre, marking a significant achievement. Prime Minister Shehbaz Sharif hailed it as a proud moment, while social media users humorously compared its shape to a water tanker. The satellite aims to enhance disaster management, agricultural monitoring, and urban planning.
Rahima Mahmut, executive director of stop Uyghur genocide, urged the UK parliament's human rights committee to take action against forced labor in UK supply chains, particularly in cotton production linked to China's Xinjiang region. She emphasized that many products from the region are tainted by slave labor. Mahmut’s testimony has prompted widespread calls for accountability, with activists urging the UK to prevent complicity in human rights abuses. Last year, a UK court ruled that... Expand
The US and Philippine air forces conducted a joint patrol and air-intercept drills over the disputed Scarborough Shoal, marking their first under President Trump’s new term. Two US B-1 bombers and three Philippine FA-50 jets participated, enhancing coordination and combat readiness. Tensions remain high after Chinese jets fired flares at a Philippine aircraft last year. The US reaffirmed its commitment to defending the Philippines against attacks in the South China Sea.