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Headline News for Thursday January 30th 2025
Headline News for Thursday January 30th 2025.
As of Thursday, January 30, 2025, these are the primary news events of relevance to local and global affairs:
National NewsWashington D.C. Plane Crash
A fatal airplane crash took place over the Potomac River, just south of the Ronald Reagan Washington National Airport, where an American Eagle Flight 5342 collided with a U.S. Army UH-60 Black Hawk helicopter. All passengers of both aircraft perished, and all operations at the airport were halted for some time.
President Trump’s Executive Orders
Donald Trump has signed into law numerous executive orders, including:
Militaries Policy:
- An order that sought the abolishment of “gender radicalism in the military,” which mainly targeted transgender personnel serving in the military.
Defense Spending:
- An order to create an American Iron Dome ballistic missile defense system.
Reorganization of the Federal Government:
- An order mandating federal employees to resign between January 28 and February 6 and receive full salaries and benefits until September 30.
Finally, Trump also enacted the Laken Riley Act, which is the first law of his second term, and, alongside, seeks to rehabilitate Guantanamo Bay for housing migrants.
Australia
More than 100 counter-terrorism officers are investigating the five arrested suspects. One such suspect was arrested after a caravan containing explosives was located in Dural, Sydney. During a press conference, Prime Minister Anthony Albanese asserted that this accusation was indeed an act of terrorism. Moreover, the public psychiatrists in New South Wales recently made headlines by resigning en masse as the government privatizes mental healthcare, raising the question of whether high-risk patients will be cared for adequately.
New Zealand
As of this year, Mount Taranaki will henceforth be called Taranaki Maunga. Such a change would give the mountain legal standing and personhood and its significance to the Maori culture for which it is held.
Global Market Volatility
Things like these lead to global tech stock volatility. DeepSeek, the new AI chatbot launched by China, had Nvidia lose almost $600 billion in market capitalization overnight after never-before-seen single-day losses.
UK Financial Updates
- Several changes will occur financially within the United Kingdom:
- The renewal energy directive’s last price cap will increase, increasing household bills.
- The cap on bus tickets is increasing up to 3 pounds while the maximum limit on controlled train fares is increasing by 4.6 percent.
Changes in Taxes:
- VAT on private school fees and new rates for alcohol duties are expected to affect consumers.
- People need to pay attention to these changes and revise their budgets because of the changes.
These changes demonstrate a time of intense activity across all industries around the world.
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What’s this moron doing? Chicago Mayor Brandon Johnson seems like he’s headed to the Big House
foxnews.com
Chicago Mayor Brandon Johnson said he never saw the room referred to by the Office of the Inspector General as the "gift room," where luxury gifts were stored.