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The United Nations General Assembly is set to host over 140 world leaders in New York. Discussions will focus on resolving conflicts in Europe and the Middle East. Climate change and artificial intelligence are also key agenda items. Financial challenges facing the UN will be addressed. A two-state solution conference for the Israeli-Palestinian conflict already took place.
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News and Media
FCC Chair Brendan Carr denies government influence in Jimmy Kimmel's suspension, attributing it to ratings, despite his earlier calls for action against the ABC host. Disney reinstated the show after a brief suspension, while critics, including Democratic FCC Commissioner Anna Gomez, condemned Carr's actions as government intervention.
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News and Media
China's export engine remains strong, heading towards a record trade surplus by finding new markets in India, Africa, and Southeast Asia. This surge is causing international alarm, with countries weighing the impact on domestic industries against antagonising Beijing.
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News and Media
Asian stocks experienced a slight increase following Wall Street's record-breaking rally, fueled by renewed optimism in big tech, particularly Nvidia's investment in OpenAI. While US equities have risen for three weeks, buoyed by the anticipated Federal Reserve rate cut, investors are advised to remain cautiously optimistic.
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News and Media
Information technology stocks faced a downturn on Monday, pulling market indices down due to President Trump's decision to increase H-1B visa costs. The Nifty IT index experienced a significant drop, with major companies like Infosys, TCS, and Wipro declining. This move heightened concerns about the sector's growth prospects, already facing uncertainty from AI and a demand slowdown in the US.
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News and Media
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