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Copper climbs to $13,000/ton after strike at mine in Chile
Business

Copper climbs to $13,000/ton after strike at mine in Chile

Copper prices surged past $13,000 a ton for the first time, driven by supply disruptions including mine outages in Chile, Indonesia, and the Democratic Republic of Congo. Concerns over potential US import tariffs have also led to increased shipments to America, tightening global availability and fueling the metal's rally.

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10 months ago
Credit growth outpaces deposits for large banks
Business

Credit growth outpaces deposits for large banks

Indian banks are experiencing credit growth outpacing deposit mobilization, with advances rising faster than liabilities. Lenders are also seeing a shift in their deposit mix towards higher-cost term deposits over CASA. This trend is evident across major banks like HDFC Bank, Bank of Baroda, Punjab National Bank, and Union Bank of India.

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10 months ago
'Maduro's Capture Is UN Charter Violation': Venezuela Accuses US Of Illegal Attack
World

'Maduro's Capture Is UN Charter Violation': Venezuela Accuses US Of Illegal Attack

Venezuela on Tuesday accused the United States of carrying out an illegal armed attack on its territory, telling the United Nations Security Council that Washington’s actions amounted to a “flagrant violation” of the UN Charter and international law. Ambassador Alleges Bombing, Infrastructure Damage Addressing the Security Council, Venezuela’s Ambassador to the UN Samuel Moncada said the country had been subjected to bombing, the destruction of civilian and essential infrastructure, and the loss of both civilian and military lives. He also alleged the “kidnapping” of President Nicolas Maduro and his wife, Cilia Flores, describing the operation as lacking any legal justification. Seizure of Head of State Breaches Core Norms: Moncada Moncada argued that the seizure of a sitting head of state violated a core norm of international law — the personal immunity of leaders in office. “This immunity is an institutional safeguard for state sovereignty, not an individual privilege,” he said, warning that such actions set a dangerous precedent for all countries, regardless of size or power. Claims of Aggression and Occupation The Venezuelan envoy said the bombing of another state’s territory and the exercise of effective control amounted to acts of aggression and occupation, even without formal annexation or a permanent troop presence. Calling on the Security Council to uphold international law “without double standards”, Moncada said selective interpretations undermine multilateralism and the Council’s credibility. US Says Abduction Was ‘Lawful’, Denies War or Occupation Responding to the accusations, US Ambassador to the UN Mike Waltz told the Security Council that the United States was “not at war with Venezuela or its people” and was not occupying the country. Waltz defended the seizure of Maduro as “a law enforcement operation in furtherance of lawful indictments”. “The United States arrested a narcotrafficker who is now going to stand trial in the United States,” he said. Washington Reaffirms Position on Maduro Waltz accused Maduro of being “responsible for attacks against the people of the United States, for destabilising the Western Hemisphere and illegitimately repressing the people of Venezuela”. While insisting the US was neither at war nor occupying Venezuela, Waltz reiterated Washington’s long-standing position that Maduro is not a legitimate president and is viewed by the US as the head of what it describes as a “terrorist” organisation. Mixed Messaging Highlighted The remarks appeared to contrast with statements from US President Donald Trump and senior officials in Washington, who have publicly spoken about the deployment of troops and military assets into Venezuela to seize Maduro, and Trump’s assertion that the US would “run” Venezuela. Observers noted the divergence between the language used at the Security Council and rhetoric emanating from Washington.

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10 months ago
US Manager Questions 5 PM Logoff, Dutch Employee’s HR Move Turns Tables
World

US Manager Questions 5 PM Logoff, Dutch Employee’s HR Move Turns Tables

A Reddit post by an employee working in the Netherlands has gone viral after he claimed his American manager attempted to formally reprimand him for not working beyond office hours. The employee said he was criticised for logging off at 5 pm sharp, not responding to weekend emails, and refusing to attend late-evening meetings scheduled for US convenience. According to the post, the employee works for the Dutch arm of a large US tech company and recently got a new middle manager based in New York. While the manager initially appeared friendly, he soon displayed what the Redditor described as an obsession with “hustle culture,” questioning the employee’s commitment to the team. My American manager tried to write me up for "lack of commitment" because I leave at 5:00 PM sharp. I work in the Netherlands.byu/Dutch_Reality_Check inWorkReform US Hustle Culture Meets Europe The Redditor recalled being warned that employees were expected to “go the extra mile” and was even threatened with a Performance Improvement Plan. In response, he pointed out that Dutch labour norms view after-hours work as a sign of inefficiency, not dedication, and reminded his manager that his contract strictly limits work to 40 hours a week. The situation reportedly de-escalated after the employee forwarded the exchange to the company’s Dutch HR department, which allegedly dismissed the threat and intervened, citing local labour laws. Since then, the manager has stopped contacting him outside office hours. The post sparked widespread online reactions, with many users criticising US work culture and praising Europe’s stronger emphasis on work-life balance.

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10 months ago
Indian Tourist Beaten By Transgender Group In Pattaya After Payment Row, Video Viral
World

Indian Tourist Beaten By Transgender Group In Pattaya After Payment Row, Video Viral

An Indian tourist was assaulted by a group of transgender women in Thailand’s Pattaya following an alleged dispute over payment for sexual services, according to local reports. The incident took place in the early hours of December 27 and was captured on camera. Pulled Out of Car, Beaten in Public The victim, identified as 52-year-old Raj Jasuja, was reportedly dragged out of his car and beaten after he refused to pay the agreed amount. The assault occurred on a public road, with footage of the incident later circulating online. The manner in which Indian citizen Raj Jasuja was beaten is extremely disappointing. If Indian citizens simply boycott the walking streets of Pattaya city, the businesses there will shut down. pic.twitter.com/CSWbhNTHmt — Neeraj Ranjan (@NeerajRanjan84) January 4, 2026 Victim Hospitalised With Injuries Jasuja sustained injuries to his face and head during the attack and was subsequently admitted to hospital for treatment. Details regarding the extent of his injuries were not immediately available. Attacks On Indians On The Rise Lately, attacks on Indian tourists have been on the rise in Pattaya. Pongpol Boonchid, a 19 year-old told police that the quarrel escalated when the two began chasing each other and a physical attack ensued.  After Raj was injured, a formal complaint was filed, prompting legal action. However, Jasuja has not yet made any public statement regarding the matter. Several such disputes have been occurring between Indian tourists and transwomen sex workers in Pattaya in recent months.  Previously, in September an Indian man was attacked, and in October three transwomen were also accused of assaulting two Indians and fleeing with nearly 24,000 baht in cash.

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10 months ago
'I Was Kidnapped, I Am..': Maduro Pleads Not Guilty In First US Court Appearance
World

'I Was Kidnapped, I Am..': Maduro Pleads Not Guilty In First US Court Appearance

Deposed Venezuelan leader Nicolas Maduro on Monday pleaded not guilty to federal drug trafficking and narco-terrorism charges during his first appearance in a US court, declaring himself “innocent” and claiming he was kidnapped and brought to America unlawfully. “I’m innocent. I am not guilty. I am a decent man, the president of my country,” Maduro told the judge, insisting that his arrest violated international norms. Maduro appeared in a Manhattan federal courtroom wearing a blue jail uniform, with proceedings translated into Spanish via headsets. Armored Transfer To Manhattan Court His wife, who was detained alongside him, was also present during the brief but mandatory hearing that formally initiated the case. The appearance followed a tightly guarded transfer from a Brooklyn detention facility early Monday. A law enforcement motorcade transported Maduro to a nearby field, where he was flown by helicopter to Manhattan before being moved in an armored vehicle to the courthouse complex. US prosecutors have charged Maduro with using drug trafficking as a tool of “narco-terrorism”, accusations that the Trump administration cited to justify his capture and transfer to New York. Immunity Claim, Lengthy Legal Battle The case is expected to trigger a prolonged legal battle. Maduro’s legal team is likely to challenge the legality of his arrest, arguing that he enjoys immunity as a sitting head of state. However, Washington does not recognize him as Venezuela’s legitimate president following the disputed 2024 election. If the case proceeds, Maduro would face trial under the US criminal justice system, including the right to a jury trial. A similar immunity argument was unsuccessfully made by former Panamanian leader Manuel Noriega after his capture by US forces in 1990. Outside the courthouse, police kept rival groups of protesters and pro-intervention demonstrators apart as the hearing took place.

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10 months ago
Saba-Soha share rare, unseen pics of Mansoor Ali Khan Pataudi
Entertainment

Saba-Soha share rare, unseen pics of Mansoor Ali Khan Pataudi

Soha Ali Khan paid a heartfelt tribute to her father, the late former Indian cricket captain Mansoor Ali Khan Pataudi, on his birth anniversary by visiting Kolkata’s iconic Eden Gardens stadium. The legendary cricketer shared a deep and enduring connection with the historic ground, making it a meaningful choice for Soha to honour his life and cricketing legacy.

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10 months ago