Merry Gel Sigui

Australian Prime Minister Scott Morrison faced public anger after taking a pre-Christmas vacation to Hawaii while massive bushfires ravaged multiple states, causing significant destruction and loss of life. Upon returning, Morrison expressed regret and acknowledged he would have made different decisions with hindsight.

World Bank President David Malpass highlights the urgent need for effective debt management in emerging economies. The total debt in developing countries reached $55 trillion in 2018, representing the fastest debt accumulation in 50 years. Malpass emphasizes the critical importance of transparent debt strategies to promote growth and development.

The Securities and Exchange Commission of the Philippines revoked Robocash Finance Corporation's license after discovering the company operated several branches without legal approval. Robocash, a Russian financing company launched in the Philippines in 2017, admitted operating unauthorized branches but claimed no malicious intent. The SEC dismissed this defense and revoked their operational license.

The Bank of England's press conference audio was compromised, with hackers gaining early access to the Governor's remarks. High-speed traders potentially leveraged this breach to execute rapid financial transactions before the official broadcast, seeking a competitive edge in trading pound and gilt markets.

Scissors are one of the most versatile tools invented around 1500 BC in Egypt. Used in households, offices, schools, and more, these pivoted metal blades have evolved into 16 different types worldwide.

Dubai Media Office has shut down a social media campaign spreading false claims about the quality of Emirati products. The DMO emphasized that Jafza products meet standards set by the Emirates Authority for Standardisation and Metrology, defending the authenticity and quality of UAE-manufactured goods.

The Bank of England is implementing rigorous climate stress tests for financial institutions to measure and manage potential economic losses caused by environmental changes, highlighting the interconnection between environment and economy.

In a divisive congressional vote, Democrats impeached President Trump, accusing him of abuse of power and obstruction of Congress. The vote highlighted deep political tensions, with Republicans arguing the process was politically motivated and lacking substantive evidence of wrongdoing.

Malaysia's ex-Prime Minister Najib Razak breaks silence on 1MDB scandal, claiming he was misled by financier Jho Low while attempting to grow the strategic development company. Accused of misappropriating 42 million ringgit from SRC International, Najib maintains his innocence in court.

Major technology companies are sued by International Rights Advocates for alleged involvement in child labor deaths during cobalt mining in DRC, where children work dangerous tunnel jobs for minimal wages to support their families.