Author: HeraldStar

Recession warnings are gaining attention as several key indicators suggest trouble ahead for the US economy. The Sahm Rule, which triggered in early August, the inverted Treasury yield curve, and The Conference Board’s Leading Economic Index have all signaled potential economic distress. Adding to the growing concern, John Hussman, president of Hussman Investment Trust and known for predicting the 2000 and 2008 stock market crashes, has highlighted two additional indicators that point to an economy hovering on the brink of recession. Hussman’s first warning sign is a composite index that measures the relationship between manufacturing output and business demand. Typically,…

In a groundbreaking development, David Game College, a private school in London, is set to launch the UK’s first classroom entirely taught by artificial intelligence (AI). The initiative, which will begin in September, will see 20 GCSE students learning through AI platforms and virtual reality headsets, marking a significant shift in the educational landscape. The AI-driven classroom promises a tailored learning experience for each student, with the technology adapting lesson plans based on individual strengths and weaknesses. According to John Dalton, co-principal of David Game College, the precision and continuous evaluation offered by AI surpasses that of human teachers. “There…

The Shetland Islands have been connected to the Great Britain electricity grid for the first time following the completion of a new wind farm and a 260km subsea transmission link. SSE, the energy company behind the project, hailed this achievement as a “groundbreaking milestone for clean energy in the UK.” The Viking Wind Farm, featuring 103 turbines, boasts an installed capacity of 443 megawatts (MW), which is sufficient to power approximately 500,000 homes annually. The subsea cable, a high-voltage direct current (HVDC) link, will facilitate the transfer of electricity generated in the Shetland Isles to the rest of the UK.…

In a recent phone conversation, Iranian Foreign Minister Abbas Araghchi and Jordanian Deputy Prime Minister and Foreign Minister Ayman Safadi discussed the state of bilateral relations and the ongoing developments in Palestine. During the call, Minister Safadi congratulated Araghchi on his appointment as Iran’s Foreign Minister, wishing him success in his new role. The Jordanian Foreign Minister voiced serious concern over the deteriorating humanitarian situation in Gaza and the increasing tensions in the West Bank, emphasizing the urgent need to de-escalate the situation in both regions. Minister Araghchi expressed gratitude for the warm congratulations and reiterated Iran’s readiness to engage…

One of the strongest typhoons to hit Japan in decades, Typhoon Shanshan, has wreaked havoc across the country, leading to the cancellation of trains and flights, and causing significant damage. As the storm drenches cities in its path, at least six people have been killed, and more than 100 others have been injured. Typhoon Shanshan made landfall in southwestern Japan on Thursday, initially bringing with it winds of up to 252 km/h (157 mph). Although the storm has since been downgraded to a tropical storm, it still packs winds of 90 km/h (56 mph) and continues to move northeast, leaving…

In a significant development, the US military forces, in collaboration with the Iraqi Security Forces, conducted a joint operation in western Iraq early Thursday, resulting in the elimination of 15 Islamic State (IS) “operatives.” The operation specifically targeted the leadership of the militant group. US Central Command (Centcom) reported that during the operation, American and Iraqi troops encountered IS members equipped with an array of weapons, grenades, and explosive suicide belts. Despite the intense confrontation, Centcom confirmed that there were no civilian casualties in the operation. The Iraqi military released an earlier statement, detailing that the operation began with air…

Mr. Guterres’s intervention late Wednesday comes amid one of the biggest Israeli Security Forces (ISF) operations in the West Bank in years – the ISF insists against terrorists – with raids, airstrikes including drones that by Thursday had killed 17 people, according to Palestinian media. In a statement, the spokesperson for the UN chief said that he was deeply concerned by airstrikes in Tulkarm and Tubas governorates which caused casualties and damage to public infrastructure. The UN Secretary-General also strongly condemned the loss of lives, including children’s. Palestinian authority undermined In his appeal for an end to the violence in…

At least 28 people have lost their lives, and over 24,000 have been displaced in the western Indian state of Gujarat following severe flooding caused by heavy rains since Sunday. The relentless downpour has led to the overflowing of rivers and reservoirs, pushing water levels well beyond the danger mark, according to officials. The Indian army and National Disaster Response Force (NDRF) teams have been deployed to carry out relief and rescue operations in the hardest-hit areas. The state remains on high alert as the Indian Meteorological Department (IMD) has forecasted continued heavy rainfall over the coming days. The flooding…

Businesswoman Mary Malisi, a hotel owner from Malaba, regularly crosses the Kenya-Uganda border to purchase grain from Ugandan markets for her establishment back in Kenya. The border town of Malaba, which spans both sides of the Kenya-Uganda boundary, remains a lively hub, bustling with people from diverse cultures and nationalities. Malaba serves as a critical one-stop border post, facilitating the clearance of over 2,000 trucks daily, making it the busiest transit route among East African nations. Additionally, the Malaba River on the Ugandan side marks another vital crossing point between the neighboring countries. On August 14, the World Health Organization…

A recent poll published on Thursday reveals a significant shift in the presidential race, with Vice President Kamala Harris leading former President Donald Trump by 4 percentage points among registered voters. The poll, conducted over eight days ending Wednesday, shows Harris gaining momentum among women and Hispanic voters, with a 13-point lead among both demographics. This surge in support for Harris comes after a tumultuous summer for the Democratic Party, marked by President Joe Biden’s withdrawal from the campaign in July. Since then, Harris has capitalized on the opportunity, making significant gains against Trump in national polls and critical swing…