Topic not found. Showing all articles.
The United States federal government shutdown has become the longest in the nation's history, reaching its 36th day on November 5, 2025, due to an unresolved dispute over the extension of Affordable Care Act tax credits. This unprecedented deadlock has furloughed hundreds of thousands of federal workers, disrupted essential services, and is projected to cost the U.S. economy billions.
Frida Kahlo's significant self-portrait, "El sueño (La cama)," is set to be auctioned at Sotheby's this November, with an estimated value of $40 million to $60 million, potentially shattering the auction record for a female artist. This rare masterpiece, depicting Kahlo in a dreamlike state, highlights her personal struggles and artistic peak, drawing considerable international attention.
Scientists in Antarctica have unearthed 6-million-year-old ice, the oldest directly dated ice and air ever found, offering an unprecedented direct record of Earth's ancient atmosphere and climate. Announced on November 5, 2025, this groundbreaking discovery reveals a dramatic cooling trend and is expected to revolutionize our understanding of long-term climate dynamics and refine future climate models.
United Nations Secretary-General Antonio Guterres has warned that Sudan's two-year civil war is "spiraling out of control," escalating into one of the world's worst humanitarian crises with urgent calls for a ceasefire and an end to weapon flows. This dire situation is underscored by the recent seizure of El Fasher by the Rapid Support Forces, leading to the displacement of over 81,000 people and reports of horrific atrocities, including mass killings and the discovery of mass graves.
Canada's new federal budget, "Building Canada Strong," unveiled on November 4, 2025, by Finance Minister François-Philippe Champagne, proposes a "generational" $141.4 billion in new spending over five years to bolster economic resilience and productivity amidst global trade disruptions. Despite this ambitious investment, the budget projects a substantial $78.3 billion deficit for the current fiscal year, nearly double previous forecasts, as it aims to shift the nation's economy and spur private-sector growth.
In a historic upset, democratic socialist Zohran Mamdani has been elected the next mayor of New York City, becoming the youngest leader in over a century and the city's first Muslim, South Asian, and African-born mayor. His victory on November 4, 2025, signals a new era for the city, driven by a progressive platform promising rent freezes, fare-free public transit, and universal childcare.
Associated British Foods (ABF) is reportedly exploring a significant strategic move, potentially spinning off its popular fast-fashion retailer Primark from its extensive food business to unlock greater shareholder value. This comprehensive review, confirmed on November 4, 2025, aims to provide clearer investor focus and address the perceived undervaluation of its food operations, following a challenging financial year for ABF despite Primark's recent operating profit growth.
Global stock markets experienced a sharp decline on November 5, 2025, driven by increasing fears that the rapid growth in artificial intelligence company valuations might be cooling off significantly. This widespread downturn, fueled by warnings from bank bosses, led to substantial drops across major indices like the Nasdaq and S&P 500, with Asian and European markets following suit.
SoftBank Group and OpenAI have officially launched SB OAI Japan on November 5, 2025, a joint venture aimed at revolutionizing corporate management and operations across Japan with advanced AI. This initiative introduces "Crystal intelligence," a tailored enterprise AI solution integrating OpenAI's latest products with comprehensive implementation services, which SoftBank Corp. will first deploy internally to validate its effectiveness.
A UPS cargo plane tragically crashed and exploded shortly after takeoff from Louisville Muhammad Ali International Airport on November 4, 2025, resulting in at least seven fatalities and 11 injuries as it impacted two local businesses. The MD-11 freighter, identified as UPS Flight 2976, reportedly had flames on its left wing before the incident, which is now under investigation by the NTSB as the deadliest in UPS's history.
Typhoon Kalmaegi, known locally as Tino, has caused widespread devastation across the central Philippines, resulting in over 90 deaths, with 76 fatalities concentrated in the heavily impacted province of Cebu, as of Wednesday, November 5, 2025. The powerful storm brought extensive flooding, displaced hundreds of thousands, and prompted a state of calamity in Cebu to accelerate crucial recovery efforts.
Indonesia's Minister of Forestry, Raja Juli Antoni, announced a landmark commitment at the United for Wildlife Global Summit to recognize an additional 1.4 million hectares of new Indigenous forests across the archipelago by 2029. This ambitious initiative, driven by a presidential directive, aims to protect biodiversity, strengthen community-based forest governance, and is projected to significantly reduce deforestation rates.