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EU-China EV Price Floor: Redrawing Global Trade Rules in 2026
On January 12, 2026, the EU and China agreed on a price undertaking mechanism replacing tariffs up to 35.5% with minimum price commitments for Chinese EV imports. Learn how this managed competition framework reshapes global...
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Lisbon Bus Crash: 2 Dead, 3 Critically Injured in Tunnel
A Lisbon bus crash in a tunnel near a train station killed two women and critically injured three others. 22 people were hurt. Investigation into cause underway.
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NYC Tower Collapse Threat: Former Pfizer Building Evacuated
A 37-story former Pfizer HQ in Midtown Manhattan buckled during apartment conversion, forcing mass evacuations. Two steel columns failed; building remains unstable. No injuries reported.
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FORGE Initiative: 54 Nations vs. China's Rare Earth Stranglehold
In February 2026, the U.S. and 54 allies launched FORGE to counter China's rare earth dominance. With prices spiking sixfold and Project Vault's $10B reserve, the West faces a 12-to-18-month window to rebuild independent supply chains.
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Microsoft Cuts 3,200 Xbox Jobs in Historic Restructure | Gaming
Microsoft cuts 3,200 Xbox jobs (20% of staff) in largest gaming restructure ever. CEO Asha Sharma says 'our business is not healthy' as four studios spin off. Full details on layoffs, studio closures, and Xbox's path forward.
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Klaus Schwab Bugging: Spy Device Found in WEF Founder's Home Office
Klaus Schwab, WEF founder, files criminal complaint after a listening device was found in his Geneva home office. Swiss police investigate the bug, possibly planted within three years amid his exit from the World Economic Forum.