Washington, D.C., December 11, 2025 – The U.S. Federal Reserve on Wednesday lowered the target range for the federal funds rate by 25 basis points to 3.5–3.75%, marking its third rate cut in 2025. The decision was approved by a 9-3 vote of the Federal Open Market Committee (FOMC), reflecting the first meeting with three dissenters since September 2019, highlighting internal divisions over the pace of monetary easing.
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This section brings you news reports from around the world, covering global events, politics, economy, and more. Stay informed with the latest international updates and developments.
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IMF officially launches Shanghai Center to strengthen Asia-Pacific engagement
Shanghai, China, December 8, 2025 – The International Monetary Fund (IMF) officially inaugurated its newly established Shanghai Center on Monday, marking a significant step in enhancing the Fund’s engagement with the Asia-Pacific region.
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Donald Trump Receives Inaugural FIFA Peace Prize at World Cup 2026 Draw
Washington, D.C., December 5, 2025 –U.S. President Donald Trump was awarded the inaugural FIFA Peace Prize during the 2026 World Cup draw at the Kennedy Center in Washington, D.C. The newly created accolade recognizes individuals who have made exceptional contributions to global peace and unity.
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CRA Announces Key Filing and Payment Deadlines for 2025 Taxes
The Canada Revenue Agency (CRA) has officially released the key filing and payment deadlines for the 2025 tax year, helping Canadians prepare ahead for the upcoming tax season.
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Meghan Markle haunted by royal past amid rift with Kate
Meghan Markle, the Duchess of Sussex, may have stepped away from royal life more than two years ago, but reports suggest the former actress is still struggling to escape the shadow of her past in the British monarchy.
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Meghan Markle Criticized for ‘Disrespecting’ Royal Family
Meghan Markle has once again stirred controversy after being accused of showing a “lack of respect” toward the British Royal Family.
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Two Holy Mosques Receive 13 Million Pilgrims: Saudi Arabia
Makkah, Saudi Arabia — The General Authority for the Care of the Grand Mosque and the Prophet’s Mosque announced on Friday that more than 13 million pilgrims visited the Two Holy Mosques during the Hijri month of Rabi’ Al-Akhir, highlighting a remarkable turnout for Umrah and Ziyarah.
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UK regulator designates Google with ‘strategic market status’
The UK’s Competition and Markets Authority (CMA) has officially granted Google a “strategic market status” (SMS) designation in online search and search advertising — marking the first major enforcement under Britain’s new Digital Markets, Competition and Consumers Act (DMCCA).
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Prince William launches UK suicide prevention network
On World Mental Health Day, Prince William released a heartfelt message emphasizing the urgent need for stronger prevention measures against suicide, one of the world’s most preventable causes of death.
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AI Surge and Imports Boost Global Trade in 2025
Global merchandise trade performed stronger than expected in the first half of 2025, mainly due to booming demand for artificial intelligence (AI) products, early import activity ahead of tariff hikes, and steady trade among emerging economies.
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