Author: i2wtc

The largest union representing federal workers on Monday called for Democrats in Congress to end the ongoing government shutdown by voting for the stopgap funding measure that Republicans have proposed.”It’s time to pass a clean continuing resolution and end this shutdown today,” Everett Kelly, president of the American Federation of Government Employees, wrote.”No half measures, and no gamesmanship. Put every single federal worker back on the job with full back pay — today,” said Kelly, whose union represents more than 800,000 federal and District of Columbia government workers.”Because when the folks who serve this country are standing in line for…

A drone photo taken on Oct. 22, 2025 shows a view of Zhangbei Bay in Rizhao, east China’s Shandong Province. (Xinhua/Guo Xulei)JINAN, Oct. 27 (Xinhua) — In recent years, Shandong Province has launched initiatives to build beautiful bays through nearshore pollution control, marine ecosystem protection, and coastal environment improvement.The overall quality of the marine ecology here has continued to improve, and six bays across the province have been recognized as outstanding examples of “beautiful bays” by the Ministry of Ecology and Environment.A drone photo taken on Oct. 20, 2025 shows a view of Yellow River Estuary in Dongying, east China’s…

ISLAMABAD: In the realm of economics, numbers are meant to illuminate truth. Yet, in Pakistan, they increasingly cast shadow. From trade balances to growth rates, official statistics have become a battleground of narratives, where figures are not merely data points but instruments of persuasion. Misrepresentation of economic and trade accounts is no longer a peripheral concern; it is a systemic malaise undermining policy, investor confidence, and public trust. Misrepresentation in Pakistan’s economic reporting assumes several guises. Firstly, the inflated growth narratives; official communiques often trumpet GDP growth while glossing over structural weaknesses. Adjustments in base years and selective inclusion of…

Shareholders must vote to pay Tesla CEO Elon Musk almost $1 trillion, or he might not stay, Board Chair Robyn Denholm warned in a letter Monday.”Without Elon, Tesla could lose significant value, as our company may no longer be valued for what we aim to become,” Denholm wrote ahead of Tesla’s annual meeting on Nov. 6.The shareholder vote for Musk’s pay and other proposals closes at 11:59 p.m. ET on Nov. 5.Musk is key to the future of the EV maker as it moves beyond being “just another car company,” with a bigger focus on Full Self Driving and Optimus,…

Qualcomm announced Monday that it will release new artificial intelligence accelerator chips, marking new competition for Nvidia, which has so far dominated the market for AI semiconductors.The AI chips are a shift from Qualcomm, which has thus far focused on semiconductors for wireless connectivity and mobile devices, not massive data centers.Qualcomm said that both the AI200, which will go on sale in 2026, and the AI250, planned for 2027, can come in a system that fills up a full, liquid-cooled server rack.Qualcomm is matching Nvidia and AMD, which offer their graphics processing units, or GPUs, in full-rack systems that allow…

Customers shop at a market in Zaozhuang City, east China’s Shandong Province, Oct. 15, 2025.  (Photo by Sun Zhongzhe/Xinhua)BEIJING, Oct. 27 (Xinhua) — China’s wholesale and retail sectors posted solid growth in the first nine months of 2025, providing sound support for expanding domestic demand in the country, the commerce ministry said on Monday.From January to September, the added value of China’s wholesale and retail trade grew by 5.6 percent from a year earlier to reach 10.5 trillion yuan (about 1.48 trillion U.S. dollars), which accounted for 10.3 percent of the country’s gross domestic product, said an official with the…

Meta has launched Meta AI, in Urdu, for users in Pakistan, to accelerate the country’s digital transformationMeta signs 20-year deal with Constellation Energy for nuclear power from Illinois plant. PHOTO: FILE Meta has launched its artificial intelligence assistant, Meta AI, in Urdu for users in Pakistan, as part of efforts to accelerate the country’s digital transformation, the company announced on Monday. The announcement was made at the “Future in Focus: AI and Innovation” event, held in collaboration with the Ministry of Information Technology and Telecommunication (MoITT). The company also unveiled experimental programmes for AI education and government digital transformation. “These…

U.S. President Donald Trump looks on next to people waving Malaysian national flags before he departs on Air Force One from Kuala Lumpur International Airport in Sepang on Oct. 27, 2025.Andrew Caballero-Reynolds | AFP | Getty ImagesThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Art of the dealPresident Donald Trump’s administration zeroed in on his tariff policies over the weekend. After pausing trade talks with Canada last week, Trump headed to Asia for a summit with world leaders and announced trade agreements…

U.S. President Donald Trump looks on next to Russian President Vladimir Putin during a press conference following their meeting to negotiate an end to the war in Ukraine, at Joint Base Elmendorf-Richardson, in Anchorage, Alaska, U.S., August 15, 2025. Kevin Lamarque | ReutersRussia’s testing of an “invincible” nuclear-powered cruise missile with a potentially “unlimited range” has been met with a less-than impressed response from U.S. President Donald Trump as a new cold front opens up between the countries.Russia announced Sunday that it had successfully tested a new nuclear-powered cruise missile, the 9M730 Burevestnik (or ‘Storm Petrel’), on Tuesday last week.It…

Authorities say the explosive had been planted on a motorcycle and detonated remotely TURBAT/ BALOCHISTAN: A bomb targeting the convoy of Kech Deputy Commissioner Major (retd) Bashir Barech in Turbat, Balochistan, on Monday injured eight people, including Levies Force. Kech Senior Superintendent of Police Captain (retd) Zohaib Mohsin said a remote-controlled device, planted on a motorcycle, was detonated as the convoy passed Press Club Road. The deputy commissioner remained unharmed, though one vehicle in the convoy was severely damaged. Police and Frontier Corps personnel are investigating the attack. The injured were rushed to a nearby hospital, and police confirmed that…