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  Iran erupts: Protesters die as regime cracks down on economic collapse... + Taiwan vows to fight: President defiant after China’s massive New Year war games + Swiss Alps horror: 40 dead in fiery New Year’s Eve inferno at luxury resort

Swiss Alps inferno: Dozens killed at New Year bar

A devastating fire ripped through a packed New Year’s Eve bar in Crans‑Montana Switzerland leaving dozens dead and over 100 injured as authorities race to rescue survivors and determine what sparked the blaze

Number

2.2 trillion - Dollars added to the world’s 500 richest people's wealth in 2025

Quote

"I will govern as a Democratic socialist" — Zohran Mamdani


SPX 6,846 ↓ 0.74% Dow 48,063 ↓ 0.63% Nasdaq 23,242 ↓ 0.76% Gold 4,343 ↑ 0.05% BTC 88,488 ↑ 1.11%


24 Hours

Swiss Alps inferno: About 40 dead after New Year bar blaze

A catastrophic New Year’s Eve blaze tore through a packed bar at the Crans‑Montana ski resort, leaving dozens dead and scores injured. Authorities are conducting major rescue and forensic operations as investigators probe the cause and timeline of the fire.

Iran protests turn deadly: At least six killed in widening unrest

Widespread demonstrations over Iran’s economic collapse have escalated into violent clashes across multiple provinces. State media and independent outlets report fatalities and arrests as unrest spreads from cities to rural areas.

Jack Smith’s damning verdict on Trump prosecution finally revealed

Former special counsel Jack Smith's closed‑door deposition and released testimony have intensified scrutiny of the Jan. 6 investigation. Republicans and Democrats are using the transcript and footage to press competing narratives about culpability and legal strategy.

Zohran Mamdani sworn in as New York City mayor in public ceremony

Zohran Mamdani officially took office in early ceremonies that drew fierce reaction and national attention. His use of the Quran in a midnight oath and his vow to govern as a democratic socialist have ignited political debate and protests.

HHS freezes child care payments nationwide amid fraud probe

The Biden era's child‑care funding scandal has triggered a federal response with payments frozen nationwide as officials investigate alleged fraud tied to Somali‑run centers. States and families face immediate funding shocks and looming hearings.

ACA subsidies expire as premiums surge for millions

Enhanced Affordable Care Act tax credits expired at midnight, triggering higher premiums for millions of Americans and renewed pressure on Congress to act. Health insurers and state exchanges brace for a wave of cost increases and enrollment shifts.

US military says five killed in strike on alleged drug boat convoy

The US military launched strikes on vessels it labeled narco boats, killing several people and prompting international search and rescue efforts. The strikes add to a controversial campaign targeting maritime drug trafficking in international waters.

US finds Ukraine did not target Putin residence CIA assessment

Moscow and Kyiv traded accusations over New Year attacks while US intelligence assessed Ukrainian involvement as unlikely in certain high profile incidents. The volatile mix raises tensions as diplomatic peace efforts continue.

China drills near Taiwan increase tensions US warns Beijing

Tensions in the Taiwan Strait remain high after Chinese drills and US warnings. Regional leaders and Washington are trading stern statements as military posturing and strategic messaging intensify around Taiwan's defense posture.

DOJ pulls back from foreign bribery cases amid priority shift

Reports show the Justice Department has scaled back enforcement on foreign bribery and other white‑collar financial crimes, signaling a shift in priorities under new leadership. Corporate compliance specialists warn of long‑term consequences.

Trump delays tariff increases on furniture and cabinets for a year

The White House delayed planned tariff hikes on furniture and sharply reduced proposed duties on Italian pasta after industry and diplomatic pushback. The moves ease immediate price pressures but reflect wider trade policy uncertainty.

Trump pulls National Guard from Chicago Los Angeles and Portland

The president ordered National Guard withdrawals from several major cities while warning forces could return if crime spikes. The deployments and reversals underscore political battles over federal security interventions in big cities.

Trump says he had CT scan not MRI during Walter Reed exam

President Trump addressed questions about his health in a high‑profile interview, clarifying imaging tests and admitting nonstandard medication practices. The revelations renewed debate about transparency and presidential fitness for office.

Ukraine becomes live‑fire test range for AI drones from secret venture

Ukraine has become a battlefield for AI autopiloted drones fielded by private ventures, raising geopolitical and ethical alarms. Covert operations and deception tactics have also surfaced in Ukraine's covert campaigns against Russian forces.

Venezuela detains several Americans as tensions with US rise

Venezuela’s government has detained Americans even as it also released political prisoners amid mounting international pressure. The moves heighten tensions with Washington and complicate regional diplomacy.

European banks plan to cut 200000 jobs as AI takes hold

European banks plan heavy job cuts as AI adoption accelerates, sparking warnings about labor markets and financial stability. Local communities and regulators brace for fallout as data center demand and automation reshape the sector.

Obscene greed: Billionaires pocket record gains worth 2.2 trillion

The world's richest individuals added record wealth in 2025, intensifying debates over inequality and taxation. The concentration of gains in Big Tech and other sectors has drawn political scrutiny as policy fights continue.

Sources say SpaceX OpenAI and Anthropic could IPO in 2026

Wall Street and Silicon Valley face a possible wave of blockbuster public listings as AI firms and space companies prepare IPO filings. Markets and regulators are watching how these listings could reshape capital flows in 2026.

Looming Supreme Court rulings could cripple parts of Trump agenda

The Supreme Court and lower federal courts face pivotal clashes that could shape executive power and major policy lines in 2026. Analysts warn several upcoming decisions could undercut key parts of the administration's agenda.

Five of ten daycare sites in Minnesota fraud probe linked to nonprofit payments

Independent reporting and viral videos have thrust alleged fraud in Minnesota daycare programs into the national spotlight, prompting congressional hearings and fierce media battles. Journalists and citizen investigators clash over evidence and motives.

Uncertainty clouds 2026 outlook despite cooling inflation and steady growth

The US economy heads into 2026 with mixed signals as growth steadies but uncertainty lingers over inflation, trade and policy. Analysts highlight rate moves, tariffs, and geopolitical risks as key determinants for markets this year.

Israel faces global condemnation as NGO ban takes effect

Israel's policy moves and international reactions have created diplomatic fallout, with new NGO restrictions and strong statements from leaders. The developments affect aid flows, regional diplomacy, and global debates over accountability in the Gaza conflict.

Flash floods kill at least 17 in Afghanistan after heavy rains

Floods and extreme weather events continue to cause death and displacement in vulnerable regions, compounding humanitarian challenges. Governments and aid agencies are mobilizing relief while warning of longer term climate impacts.

Celebratory gunfire kills Miami girl on New Year's Day

A string of deadly and violent incidents marked New Year’s Day in US cities, from celebratory gunfire to subway and hit‑and‑run attacks. Local authorities are investigating and raising safety concerns for holiday crowds.

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