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11/26/2025

Cabinet approves ₹7,280 crore scheme to promote manufacturing of rare earth magnets — All we know - https://oolanews.com/world/cabinet-approves-7280-crore-scheme-promote-manufacturing-rare-earth-magnets-india-govt-outlay-use-evs-aerospace-details-11764155442982-html/ -

The Union Cabinet, chaired by Prime Minister Narendra Modi, on 26 November approved a ₹7,280 crore scheme aimed at promoting the manufacture of sintered Rare Earth Permanent Magnets (REPM), the government informed in an official release today.

This is a “first-of-its-kind” initiative by the central government to promote REPM ecosystem, “enhancing self-reliance and positioning India as a key player in the global REPM market”, it added.

Why is this announcement significant?
“The scheme will promote manufacturing of rare earth permanent magnets. The aim is to create capacity of 6,000 MTPA (metric tonne per annum),” Information and Broadcasting Minister Ashwini Vaishnaw told reporters, as per PTI.

11/26/2025

Singapore tops list in the 2025 Global Talent Competitiveness Index - https://oolanews.com/world/singapore-tops-list-in-the-2025-global-talent-competitiveness-index-html/ -

Singapore tops the list in the 2025 Global Talent Competitiveness Index by INSEAD and Portulans Institute.
Calvin Chan Wai Meng | E+ | Getty Images

Singapore has claimed the top position in the 2025 Global Talent Competitiveness Index (GTCI) for the first time, bolstered by its robust education systems, sound governance and a proactive approach to sustaining an adaptive, innovation-ready workforce in the age of artificial intelligence.
In its 11th edition this year, the index — produced by business school INSEAD and in partnership with D.C.-based think tank Portulans Institute — measured how countries grow, attract and retain talent across all income groups.
This year’s report, themed “resilience in the age of disruption,” ranked 135 economies globally on 77 indicators such as soft skills and AI

11/26/2025

Bethany MaGee, Iryna Zarutska, Debrina Kawam: How US' unsafe public transit system held 3 innocent women ‘captive’ - https://oolanews.com/world/bethany-magee-iryna-zarutska-debrina-kawam-how-us-unsafe-public-transit-system-held-3-innocent-women-captive-101764142261115-html/ -

A brutal attack on a woman on board a CTA Blue Line train last week has renewed conversations about how America’s public transit riders have been dealing with increasing safety issues. Bethany MaGee, 26, is recovering from severe burns in a hospital after being set ablaze by Lawrence Reed, of Chicago, on a CTA Blue Line train. Reed has a long criminal record, with various felony cases.
(L-R) Bethany MaGee, Iryna Zarutska, Debrina Kawam: How US’ unsafe public transit system held 3 innocent women ‘captive’ (GoFundMe, GoFundMe, Passaic Valley Regional High School)

The attack was completely unprovoked. Reed was sitting at the back of a car on a Blue Line L train when he approached MaGee, who sat

11/26/2025

The weight of Nvidia's crown - https://oolanews.com/technology/cnbc-daily-open-the-weight-of-nvidias-crown-html/ -

Jensen Huang is interviewed by media during a reception for the 2025 Queen Elizabeth Prize for Engineering, at St James’ Palace November 5, 2025 in London, England, U.K.
Yui Mok | Getty Images Entertainment | Getty Images

Uneasy lies the head that wears the crown.
Shares of artificial intelligence czar Nvidia fell 2.6% on Tuesday as signs of unrest continued rippling through its kingdom.
Over the month, Nvidia has been contending with concerns over lofty valuations and an argument from the “The Big Short” investor Michael Burry that companies may be overestimating the lifespan of Nvidia’s chips. That accounting choice inflates profits, he alleged.
The pressure intensified last week in the form of a potential challenger to the crown. Google on Nov. 18 announced the release of its new AI model Gemini 3 — so far so good, given that Nvidia isn’t

11/26/2025

Nikkei 225, Hang Seng Index set to rise - https://oolanews.com/world/asia-pacific-markets-live-nikkei-225-hang-seng-csi300-html/ -

SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China.
Vcg | Visual China Group | Getty Images

Asia-Pacific markets opened higher Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest rates in December.
Expectations rose after Bloomberg reported that White House National Economic Council Director Kevin Hassett was being considered as the frontrunner to become the next Fed chair. Investors see Hassett as someone more likely to push the central bank toward a lower-rate environment favored by President Donald Trump.
Treasury Secretary Scott Bessent told CNBC on Tuesday that there was a “very good chance” that Trump could name new Fed chair before Christmas.
Markets are pricing in a more than 84% c

11/26/2025

Accusations of "sedition" spark uproar after video on refusing illegal orders. Here's what the law says. - https://oolanews.com/politics/sedition-uproar-video-refusing-illegal-orders-trump-what-the-law-says/ -

Six Democratic lawmakers are facing federal inquiries after they recorded a video urging military service members not to follow unlawful orders, a message President Trump alleged was “seditious.”
“Our laws are clear: You can refuse illegal orders. … You must refuse illegal orders,” said the Democrats, all of whom served in the military or worked for U.S. intelligence agencies.
Mr. Trump responded on Truth Social last week: “Each one of these traitors to our Country should be ARRESTED AND PUT ON TRIAL.”
Days later, the Pentagon said it was reviewing “serious allegations of misconduct” against one of the lawmakers, Sen. Mark Kelly of Arizona, and may recall the retired naval captain to active-duty status for “court-martial proceedings or administrative measu

11/25/2025

U.S. cities will see big tourism boost from World Cup, analysis predicts - https://oolanews.com/business/world-cup-fifa-2026-tourism-us/ -

Soccer fans traveling to the U.S. to watch the 2026 World Cup being held in North America will drive tourism spending in 11 host cities and provide a substantial boost to local economies, according to Tourism Economics, a provider of global travel data.
The global soccer tournament, held every four years, is expected to draw 1.2 million international visitors, including spectators and their non-ticketed travel companions, national team representatives, match officials, and others, according to Tourism Economics.
The tournament kicks off on June 12 in Los Angeles. Seventy-eight matches will be played across 11 U.S. cities, with an additional 26 games set to take place in Mexico and Canada. The finals will be held at MetLife Stadium in East Rutherford, New Jersey, on July 19.
The U.S. metro areas scheduled to host matches, according to FIFA:

11/25/2025

Who is Kirill Dmitriev? The Russian envoy who helped craft new Ukraine peace pitch - https://oolanews.com/world/who-is-kirill-dmitriev-the-russian-envoy-who-helped-craft-new-ukraine-peace-pitch-101764106180155-html/ -

Kirill Dmitriev is not a professional diplomat. But the head of Russia’s sovereign wealth fund has emerged as a key player in drafting a new proposal to end Moscow’s war in Ukraine.
FILE – Russian President Vladimir Putin’s envoy Kirill Dmitriev speaks at an economic forum in St. Petersburg, Russia, on June 20, 2025. (AP)

That is perhaps no surprise: A former investment banker, Dmitriev has increasingly served as a back-channel communicator between the Kremlin and allies of US President Donald Trump, despite being on the US sanctions list.
Dmitriev’s lack of formal diplomatic credentials may work in his favor, said Boris Bondarev, a former Russian diplomat who quit in protest after Russia’s 2022 invasion. In sending Dmitriev to talk with Steve Witkof

11/25/2025

Penny Oleksiak gets 2-year competition ban for anti-doping rule violation - National - https://oolanews.com/sports/penny-oleksiak-competition-ban-anti-doping-rules/ -

Canadian swimmer and Olympic gold medalist Penny Oleksiak has been banned from competition until 2027 for repeatedly failing to report her whereabouts as required under anti-doping rules, officials announced Tuesday.

The International Testing Agency (ITA) said in a statement that Oleksiak has accepted the penalty for three whereabouts failures within a 12-month period between October 2024 and June 2025.
“The athlete did not contest the (anti-doping rule violation) and agreed with the consequences proposed by the ITA. Accordingly, the case was resolved through an acceptance of consequences,” the agency said.
According to the statement, any competitive results Oleksiak obtained from July 16 onward will be disqualified, “including forfeiture of medals, points and prizes.” Her ban will be lifted on July 14, 2027.

11/25/2025

Louvre jewel heist investigation nets 4 more arrests, authorities say - https://oolanews.com/world/louvre-heist-paris-more-arrests/ -

Four more people were arrested Tuesday in the investigation into last month’s spectacular daylight heist of imperial jewels from the Louvre Museum, French authorities announced.
Paris prosecutor Laure Beccuau, whose office is heading the investigation, described the suspects as two men aged 38 and 39 and two women aged 31 and 40 from the Paris region.
Her statement didn’t say what role they’re suspected of having played in the Oct. 19 theft. Police can hold them for questioning for 96 hours.
The loot, valued at around $102 million, hasn’t been recovered. It includes a diamond-and-emerald necklace Napoleon gave to Empress Marie-Louise, jewels tied to 19th-century Queens Marie-Amélie and Hortense, and Empress Eugénie’s pearl-and-diamond tiara.
The thieves dropped a diamond-and-emerald-studded crown that once belonged to Eugénie, the wife

11/25/2025

9 tigers seized every month as global trafficking crisis decimates big cat populations, report says - https://oolanews.com/world/tiger-global-trafficking-crisis-decimates-big-cat-populations-report/ -

Authorities worldwide have seized an average of nine tigers each month over the past five years, highlighting a worsening trafficking crisis that threatens the survival of one of the planet’s most iconic species, according to research released Tuesday.
A new report by wildlife trade monitoring network TRAFFIC warned that criminal networks are evolving faster than conservation efforts can respond. The global wild tiger population, once around 100,000 a century ago, has now plummeted to an estimated 3,700-5,500, it said.
Despite half a century of international protection, TRAFFIC’s findings showed that tiger trafficking is accelerating and increasingly targeting whole animals, living or dead. Experts say the shift appears linked to captive-breeding operations, but may also reflect t

11/25/2025

‘Expect Damage', Alabama receives severe thunderstorm warning, know which areas will be impacted - https://oolanews.com/world/alabama-receives-severe-thunderstorm-warning-residents-urged-to-prepare-for-significant-damage-101764075806345-html/ -

Alabama severe thunderstorm warning: The National Weather Service (NWS) based in Birmingham, Alabama, has issued a warning to the residents of the state to “expect damage” resulting from the powerful winds associated with severe thunderstorms in the region, as stated in a new alert released on Tuesday morning.
severe thunderstorm warning: Severe thunderstorms with wind gusts of up to 70 mph expected in Alabama, prompting NWS to warn residents of potential damage to trees and structures.(AP)

Wind gusts are expected to reach up to 70 mph. The NWS stated that the areas impacted include Gadsden, Pell City, Leeds, Moody, Rainbow City, Attalla, Hokes Bluff, Springville, Odenville, Lincoln, Glencoe, Margaret, Argo, Ashville, Riverside,

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