First Person: Felipe Paullier, the youngest ever senior UN official, charged with giving a voice to young people around the world

First Person: Felipe Paullier, the youngest ever senior UN official, charged with giving a voice to young people around the world

A paediatrician by training, Felipe Paullier has long been an advocate for youth. Formerly Director of the Uruguayan Government's Youth Institute, a role which involved several joint actions with various UN agencies, he was appointed to run the UN Youth Office in 2023, the youngest senior appointment in United Nations history.

Read the full story, “First Person: Felipe Paullier, the youngest ever senior UN official, charged with giving a voice to young people around the world”, on globalissues.org →

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Tariffs hit boots, bags and more as leather prices jump — and relief could be years awayLeather prices are expected to continue rising in 2026 as Trump's tariffs crimple a global supply-chain while domestic manufacturing and cattle herds are down.{}

Leather prices are expected to continue rising in 2026 as Trump's tariffs crimple a global supply-chain while domestic manufacturing and cattle herds are down.https://www.cnbc.com/2025/12/25/leather-prices-tariffs-trump-boots-handbags-furniture-twisted-x.html

The Bitter Sweet Future of Cocoa Showcased During COP30, Belém

The Bitter Sweet Future of Cocoa Showcased During COP30, Belém

BELÉM, Brazil, December 24 (IPS) - Izete dos Santos Costa, also known as Dona Nena among locals in Combu Island, welcomed hundreds of people from around the world during the recent climate conference in Belém.

Read the full story, “The Bitter Sweet Future of Cocoa Showcased During COP30, Belém”, on globalissues.org →

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A Grim Year for Democracy and Civic Freedoms – but in Gen Z There Is Hope

A Grim Year for Democracy and Civic Freedoms – but in Gen Z There Is Hope

NEW YORK, December 24 (IPS) - 2025 has been a terrible year for democracy. Just over 7 per cent of the world’s population now live in places where the rights to organise, protest and speak out are generally respected, according to the CIVICUS Monitor, a civil society research partnership that measures civic freedoms around the world. This is a sharp drop from over 14 per cent this time last year.

Read the full story, “A Grim Year for Democracy and Civic Freedoms – but in Gen Z There Is Hope”, on globalissues.org →

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Holiday barks sold at Aldi recalled over potential undeclared pecans, wheat: FDASilvestri Sweets recalled Choceur-branded holiday bark sold at Aldi stores after a packaging mix-up led to undeclared allergens in the popular treats.

A recall of 5-ounce holiday bark products sold at Aldi stores across the country has been expanded amid concerns the treats may contain undeclared allergens, including pecans and wheat, according to the Food and Drug Administration.

Silvestri Sweets issued a voluntary recall of its Choceur-branded Cookie Butter Holiday Bark over potential undeclared pecans and its Choceur-branded Pecan, Cranberry & Cinnamon Holiday Bark because it may contain undeclared wheat.

The FDA said people with allergies to these items "run the risk of serious or life-threatening allergic reaction if they consume these products."

FDA ANNOUNCES RECALL OF FROZEN DESSERT PINTS OVER POSSIBLE 'SMALL STONES'

To date, no illnesses have been linked to the recall. Consumers who purchased the recalled treats are urged to discard the product.

The recall was initially issued last month before being expanded this week.

"The expanded recall was initiated after it was discovered that the Pecan, Cranberry & Cinnamon Holiday Bark had been packaged in Cookie Butter Holiday Bark packages resulting in undeclared pecan," the FDA said.

"Subsequent investigation indicates the problem may have been caused by a temporary breakdown in the company’s production and packaging process."

Recalled Cookie Butter Holiday Bark includes those with lot numbers 29225, 28525 or 29925 with a Best By date of May 2026 and lot number 30625 with a Best By date of June 2026.

AMAZON SOLD BABY PRODUCTS NOW RECALLED OVER SERIOUS DEATH RISK TO INFANTS AND CHILDREN

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Affected Pecan, Cranberry & Cinnamon Holiday Bark include those with lot numbers 29225, 28525 or 29925 with the Best By date in August 2026 and lot number 30625 with the Best By date in September 2026.

Each of the products is sold in 5-ounce stand-up pouch bags.

https://www.foxbusiness.com/economy/holiday-barks-sold-aldi-recalled-over-potential-undeclared-pecans-wheat-fda

Cardinal Timothy Dolan reveals book, documentary offers after 16 years leading the Archdiocese of New YorkCardinal Timothy Dolan reveals book and documentary offers as he steps down from his role as archbishop of New York, a position he has held for 16 years.

Cardinal Timothy Dolan will say his final midnight Christmas Mass at St. Patrick's Cathedral on Dec. 24 as he moves into retirement, but he has a plan to keep busy, a business plan. 

Dolan said he has already received offers to write a book and participate in a documentary as he steps down from his role as archbishop of New York, a position he has held for roughly 16 years.

In a recent interview with Maria Bartiromo on "Sunday Morning Futures," Dolan spoke about the steps he has taken toward retirement and what he hopes to pursue next.

"People know when you turn 75 — any bishop — pretty soon he's going to be retired," Dolan said. "So, people know that, and they'll start writing you. So, I got some requests, like to go to some universities, just to be on campus, maybe to take a sabbatical, maybe to teach a course.

CARDINAL ROBERT PREVOST, FIRST AMERICAN POPE: WHAT TO KNOW

"I even got an offer to write a book. I got an offer to do a documentary on the status of the church in the United States. So, things come in, and I'm going to kind of appreciate the chance to set my own schedule."

Dolan noted that he had submitted his resignation in February as required by canon law.

"It's canon law, church law, that when a bishop reaches 75, you must submit your resignation to the bishop of Rome, the Holy Father," Dolan said. "So, I did, and about two weeks later, I got the letter back saying … ‘The Holy Father accepts your resignation.’"

POPE FRANCIS' VIEWS ON BUSINESS, THE ECONOMY THROUGH THE YEARS

The Vatican announced Thursday that Pope Leo has appointed Bishop Ronald Hicks of Joliet, Illinois, as the next archbishop of New York, placing him at the helm of the 2.8 million Catholics who make up the Archdiocese of New York.

Dolan has led the archdiocese since 2009. 

Dolan will continue to oversee the archdiocese as apostolic administrator until Archbishop-designate Hicks formally takes office on Feb. 6 at St. Patrick’s Cathedral.

NEW CHRISTIAN VALUES INDEX FUND FOR EVANGELICAL INVESTORS CREATED BY INVESTMENT FIRM, S&P

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Fox News Digital's Ashley Carnahan contributed to this report.

https://www.foxbusiness.com/lifestyle/cardinal-timothy-dolan-reveals-book-documentary-offers-after-16-years-leading-archdiocese-new-york

In Kenya, Smallholder Farmers Push Back Against Corporate Control of Agriculture

In Kenya, Smallholder Farmers Push Back Against Corporate Control of Agriculture

GITHUNGURI, Kenya, December 24 (IPS) - For the past two years, Samuel Ndungu, a smallholder farmer, has been growing organic food and supplying it to the local market in Githunguri, just outside Nairobi.

Read the full story, “In Kenya, Smallholder Farmers Push Back Against Corporate Control of Agriculture”, on globalissues.org →

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Industrialisation without destruction: A UN blueprint for the future

Industrialisation without destruction: A UN blueprint for the future

Since the 19th century, industrialisation has had a transformative effect on the world, both positive and negative. It has created jobs and lifted millions out of poverty. But it has also had devastating consequences; destroying ecosystems, polluting the air, and driving the climate crisis that threatens to make large parts of the planet uninhabitable.

Read the full story, “Industrialisation without destruction: A UN blueprint for the future”, on globalissues.org →

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Mortgage rates fall ahead of Christmas holidayThe average rate on a 30-year fixed mortgage fell this week to 6.18%, according to the latest Freddie Mac data released on Wednesday. That is down from last week's reading of 6.21%.

Mortgage rates fell again this week, mortgage buyer Freddie Mac said Wednesday.

Freddie Mac's latest Primary Mortgage Market Survey, released Wednesday, showed the average rate on the benchmark 30-year fixed mortgage decreased to 6.18% from last week's reading of 6.21%. 

The average rate on a 30-year loan was 6.85% a year ago.

THESE 10 MARKETS MAY SEE THE BIGGEST HOMEBUYING SURGE AS MORTGAGE RATES FALL

"The modest decline reflects a bond market that moved throughout the week – albeit within a tight range – following a mix of cooling and resilient macro signals," said Realtor.com senior economist Jake Krimmel.

Mortgage rates are not directly affected by the Fed's interest rate decision but closely track the 10-year Treasury yield. The 10-year yield hovered around 4.14% as of Wednesday afternoon.

HOME DELISTINGS SURGE AS SELLERS STRUGGLE TO GET THEIR PRICE

On Tuesday, the Bureau of Economic Analysis released its initial estimate of third-quarter GDP, which showed the economy grew at an annualized rate of 4.3% in the three-month period including July, August and September. That figure topped the expectations of economists polled by LSEG, who had estimated 3.3% GDP growth in the third quarter.

THE MARKETS WHERE HOMEBUYERS MAY FINALLY GET SOME RELIEF IN 2026, REALTOR.COM SAYS

And, last week, the government released the latest inflation and employment figures. 

The Bureau of Labor Statistics said on Thursday that the consumer price index rose 0.2% in November from the prior month, while it increased to 2.7% on a year-over-year basis. Both of the figures were cooler than the expectations of economists polled by LSEG, who projected a 0.3% monthly rise and a 3.1% year-over-year figure.

The Labor Department on Tuesday reported that employers added 64,000 jobs in November. The unemployment rate ticked up to 4.6% for November, the highest since September 2021.

Meanwhile, the average rate on a 15-year fixed mortgage rose to 5.5% from last week's reading of 5.47%.

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Krimmel said that inventory is higher than last year in most markets and buyers will enter the new year with a better rate environment than they experienced in the 2025 spring season.

"If mortgage rates can simply hold in this range – or move modestly lower – buyers are likely to see a noticeable increase in purchasing power next year, even amid lingering macro and Fed policy uncertainty," he said. "It won’t take much improvement from here for 2026 to feel like a step forward after two slow housing years."

https://www.foxbusiness.com/economy/mortgage-rates-december-24-2025

Why cheaper beef prices are still a long way offBeef prices may drop but consumers face "slow and painful" wait for relief, warns a Wells Fargo economist. Cattle shortages continue to keep costs high.

It's going to be a while before consumers see any relief when it comes to beef prices.

Prices have hit their peak and are expected to soften, but there isn’t much pressure pushing them down right now, Wells Fargo Agri-Food Institute chief agricultural economist Michael Swanson told FOX Business.

The U.S. should have a little more cattle available in 2026, but buyers are still turning to international suppliers to meet their needs, Swanson said. If buyers are still importing, it means domestic supply is still tight and prices will likely remain elevated. 

"It's going to be a slow and painful process for the consumer," Swanson told FOX Business, explaining the complex market forces that need to change in order for prices to decline.

The cost of beef has been a particular pain point for consumers for years, with retail beef prices hitting record highs in 2024 thanks to a combination of deteriorating pasture conditions, inflation and contracting cattle inventory, according to the Farm Bureau.

BEEF PRICES ARE CLOSE TO RECORD HIGHS — BUT AMERICANS AREN’T CUTTING BACK

Beef prices rose sharply in September, outpacing the entire food category on the Department of Labor's consumer price index. The price of food rose by 3.1% year over year, while prices for beef and veal shot up 14.7%. 

Problems persist in the industry, according to Farm Bureau economist Bernt Nelson, who wrote in a blog post last week that the Department of Agriculture’s "Cattle on Feed" report highlights ongoing tightness in feeder cattle supplies.

There were 11.7 million cattle on feed in the U.S. on Nov. 1, down about 2% from 2024 and the lowest number of cattle on feed for the month of November since 2018. The report also estimates that 2.04 million head of cattle were placed into feedlots, down about 10% from last year and marking the lowest number of cattle placed on feed for the month of October in report history.

The smaller number of cattle placed on feed, which is the beef sold in store, is a reflection of tighter supplies of feeder cattle. 

TRUMP ORDERS DOJ TO INVESTIGATE MEATPACKING COMPANIES FOR 'ILLICIT COLLUSION' AMID RISING BEEF PRICES

There are also several players in the beef supply chain – cattle producers, the meat packers and wholesalers and the retailers – who want to protect their margins. Since no one in that supply chain wants to accept lower profits, it becomes harder to lower costs for consumers, Swanson told FOX Business. 

That competition will eventually push beef prices lower.

The "players in this operation don't want to give up what they have currently. And so it's going to be a competition that forces the prices down," he said, adding that "It's never a straight line."

Signs of that shift are already emerging. Swanson said the industry is likely at a turning point following Tyson's announcement last month that it would permanently close a large beef processing plant in Lexington, Nebraska, by January 2026 and that it was reducing operations at its beef facility in Texas to a single shift. 

Immediately after its announcement, live cattle prices fell sharply. Though prices bounced back a bit, they're still below the recent highs, according to Swanson.

That move "immediately sent a big signal to the market that they're going to bid a little less aggressively on live cattle," according to Swanson.

BESSENT WARNS 'PERFECT STORM' BREWING FOR BEEF PRICES

He said meat processors couldn't continue to lose money and "Tyson just proved that they're willing to do something difficult about it." 

He believes cattle prices will start to come down, and that seeing a 10% decline, like there was in 2014, isn't "out of the realm" for what could happen over the next year and a half. 

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"If the price of cattle goes down and the wholesale price of beef goes down, yes, the retail price of beef will go down," he said. "But when is it going to happen? Not immediately. So the consumer's going to be frustrated and they're not seeing immediate relief." 

https://www.foxbusiness.com/lifestyle/why-cheaper-beef-prices-still-long-way-off

Free streaming service Tubi is rivaling major players for viewership. Here's how it's winningFox's Tubi outpaced Peacock and HBO Max for share of streaming minutes in Nielsen's November Gauge report.{}

Fox's Tubi outpaced Peacock and HBO Max for share of streaming minutes in Nielsen's November Gauge report.https://www.cnbc.com/2025/12/24/tubi-fox-streaming-free.html

Conservative states see lower inflation than liberal ones nationwide, White House data showsWhite House analysis finds 2025 inflation lower in conservative states at 2.5% vs 3.0% in liberal states, with energy and transportation driving the gap.

FIRST ON FOX: An analysis from the White House Council of Economic Advisers finds inflation has been lower in conservative-led states than in liberal-led states over the past year, with the largest gaps in energy and transportation costs.

Reviewed by FOX Business, the analysis draws on year-over-year consumer price index data from the Bureau of Labor Statistics through November 2025 and finds inflation averaging 2.5% in conservative-led states versus 3% in liberal-led states.

Because there is no official state-level CPI, the CEA used regional inflation data and adjusted it based on each state’s population.

TRUMP'S ENERGY AGENDA DELIVERS LOWEST HOLIDAY GAS PRICES IN HALF DECADE

The inflation divide widens at the city level, with metro areas in conservative states seeing 1.9% year-over-year inflation, versus 3% in metro areas located in liberal states.

Energy inflation is one of the biggest drivers of higher overall inflation in liberal-run cities. In major metro areas such as Baltimore, Chicago, Los Angeles and New York, energy prices increased far more rapidly than in cities located in conservative states. 

Energy and transportation costs together account for much of the inflation gap between metro areas.

When essentials like electricity, gas, and commuting get more expensive, households feel the impact quickly – even if prices rise only slightly.

THE TOP 3 REASONS HOUSING HAS BECOME SO UNAFFORDABLE IN THE US MARKET

Meanwhile, housing inflation remains elevated nationwide. Still, prices are rising slightly faster in liberal-led states than in conservative-led states.

White House economic director Kevin Hassett said Sunday that the Trump administration is taking an all-hands-on-deck approach to tackling the housing affordability crisis.

"Everybody in the whole Cabinet is working on trying to get housing to be more affordable," Hassett told "Fox News Sunday."

He said the administration is preparing a sweeping proposal aimed at easing the burden on homebuyers, with details expected early in the new year.

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The CEA's findings come as inflation remains a top voter concern and as state and federal leaders debate energy, housing, and transportation policies that directly affect the cost of living.

https://www.foxbusiness.com/politics/conservative-states-see-lower-inflation-than-liberal-ones-nationwide-white-house-data-shows

Paramount efforts to buy Warner Bros Discovery play out in background of latest CBS News dramaAfter CBS News' decision to delay a "60 Minutes" segment about migrants deported to an El Salvador prison, some critics have alleged the move was to curry favor with the Trump administration.

Following CBS News’ delaying of a "60 Minutes" segment examining the Trump administration’s deportation of Venezuelan migrants to El Salvador’s CECOT prison, some media outlets have raised questions about whether the move was meant to curry favor with the administration amid an escalating battle for Warner Bros. Discovery.

Paramount and its majority shareholders, the billionaire Ellison family, recently sweetened a bid for Warner Bros. Discovery to the tune of $108 billion. Considering WBD is currently moving forward with a deal to sell its movie and streaming assets to Netflix, Paramount’s bid is deemed a hostile one.

This week, Weiss created a furor over her decision to delay the airing of a "60 Minutes" segment about CECOT, an unusual move given the network had already begun promoting the package ahead of its expected Sunday night airing.

CBS INSIDERS WARN THAT SKYDANCE MERGER BRINGS 'HALL MONITOR' TO NEWS DIVISION

Correspondent Sharyn Alfonsi interviewed Venezuelan men deported by the Trump administration to the notorious prison for the segment, which leaked online Monday after airing in Canada. Alfonsi lashed out at Weiss in a memo to colleagues, saying it was a political decision and would be viewed as corporate censorship.

Weiss told staffers on Monday she did not believe the story was ready for air and called for colleagues to engage in disagreement in a respectful manner. In her notes to "60 Minutes" colleagues about the segment, Weiss called for more aggressive efforts to get Trump officials in front of the camera and decried a "strange" portion involving analysis of the prison by Berkeley students. She has not called for killing the segment entirely, but instead wants more reporting before it can be aired.

Liberal media figures think something rotten is afoot, with several breathless reports alleging Weiss' actions are linked to the corporate machinations and the Ellisons' connections to President Donald Trump. 

A Tuesday report from New York Magazine’s The Intelligencer suggested that the Ellisons are vying for favorable treatment from the Trump administration by censoring the segment. Larry Ellison, the billionaire father of Paramount CEO David Ellison and a Trump ally, has offered $40 billion of his own money as equity to help sweeten the deal.

WARNER BROS BOARD SLAMS PARAMOUNT TAKEOVER BID AS SHAREHOLDERS FACE $72B NETFLIX CHOICE DECISION

"The Ellisons, who are among the very richest men in the world, purchased Paramount earlier this year and are now after an even bigger fish: They are hoping Trump wields his antitrust power to scuttle Netflix’s purchase of Warner Bros. Discovery and allows Paramount, instead, to consume WB, creating a new entertainment-and-media juggernaut," New York Magazine claimed.

Despite this alleged power move, The Intelligencer argued that the Ellisons are "not yet on Trump’s good side, and that the president is "still fuming about 60 Minutes and how it’s still not sycophantic toward him — not in the way he’d like."

Indeed, Trump took a shot at "60 Minutes" on Truth Social last week, saying the show was treating him even worse than before since David Ellison took over Paramount following its merger with Skydance Media this year.

A Monday report from progressive outlet The Intercept was even more explicit in its accusations of corporate interference related to Paramount’s bid for Warner Bros. Discovery.

The outlet contended that Weiss’ move to spike the segment was "a perfect example of why Paramount’s new owner, David Ellison, hired her in the first place."

PARAMOUNT STRENGTHENS BID FOR WARNER BROS DISCOVERY AS WORLD AWAITS NETFLIX’S RESPONSE

"[Weiss’] job is to suck up to Trump, yes, but largely as a means –– not an end in and of itself. If Trump favors CBS and Paramount, it could undermine the pending Netflix–Warner Bros. Discovery merger, help Ellison take over WBD himself, and cement the Ellison family’s media concentration to further advance their business interests and their right-wing ideology," The Intercept alleged.

The report went on to argue that Trump’s second term has undergone "a total abandonment of anti-trust law," and that the Ellisons "have an opportunity to consolidate unprecedented control of media into the hands of one company."

The outlet maintained that, through the power of the federal government’s antitrust laws, Trump could tip the scales in favor of the Ellisons in the bidding war for Warner Bros. Discovery.

KUSHNER FIRM DROPS OUT OF PARAMOUNT’S HOSTILE $108B WARNER BROS. DISCOVERY BID

According to the outlet, Weiss and Ellison’s "interference" into "60 Minutes" isn’t necessarily about promoting "Trumpism," it’s about promoting the Ellison agenda and growing their vast media empire.

Earlier this year, Paramount closed an $8 billion merger with Skydance Media that required Trump administration approval. 

While that played out, CBS News, which is owned by Paramount, settled an election interference lawsuit with Trump for $16 million over how it edited a "60 Minutes" interview with Kamala Harris. The lawsuit was called spurious by critics and the settlement was viewed as an effective bribe to get the merger over the finish line, while supporters said Trump was merely holding a liberal media outlet accountable for its dishonesty.

Weiss' defenders online have said her ideas to improve the story were entirely reasonable, and reports that Alfonsi's segment didn't include on-the-record responses given by the White House, State Department and Department of Homeland Security have generated further discussion. 

There is no evidence that Weiss made any editorial decisions based on corporate or political pressures. Since she became CBS News editor-in-chief in October, her tenure has been closely scrutinized given her opinion background, particularly for her pro-Israel and anti-woke views.

Alfonsi was also the correspondent behind a controversial "60 Minutes" segment in 2021 that alleged a pay-for-play scheme between Gov. Ron DeSantis, R-Fla., and Publix that was harshly criticized by Democrats and Republicans in the state.

One thing is clear though: If Weiss did hope to generate less attention for the story by choosing to delay it, she was sorely mistaken. The segment, which can be seen here, has gotten infinitely more scrutiny than it would have if it had just aired as scheduled.

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Weiss and CBS News did not immediately return Fox News Digital's requests for comment.

Fox News' David Rutz and Joseph Wulfsohn contributed to this report.

https://www.foxbusiness.com/media/paramount-efforts-buy-warner-bros-discovery-play-out-background-latest-cbs-news-drama

Logan Paul drops $5.3M on a Pokémon card, tells young investors to ditch the stock marketLogan Paul paid $5.3 million for a rare Pokémon card and believes young investors should consider alternatives to traditional stock market investing.

YouTuber-turned-entrepreneur Logan Paul revealed he paid $5.3 million for a single Pokémon card and said young people shouldn’t feel locked into traditional investing paths like the stock market or homeownership.

"I paid $5.3 million for this card," Paul, referring to the PSA Grade 9 Pikachu Illustrator card, said Tuesday on "The Big Money Show."

Paul said that when he bought the PSA Grade 9 Pikachu Illustrator card in 2022, it became the most expensive Pokémon card ever sold, earning him a Guinness World Record. But Paul believes it’s a nontraditional investment he’ll make back when the card goes to auction in early 2026.

Paul rose to fame on YouTube alongside his brother Jake Paul and has since become a podcast host, a rising wrestling star in WWE and co-founder of the Prime energy drink brand with fellow YouTuber KSI. He is one of the most talked-about influencers in the world.

JAKE AND LOGAN PAUL BECOME BUSINESS PARTNERS FOR FIRST TIME AMID MAJOR VENTURE CAPITAL FIRM NEWS

Paul argued that collectibles, such as Pokémon cards, have "outperformed" the stock market over the last two decades. With many young people noting they feel locked out of investing in things like real estate or the stock market, he said nontraditional assets could be their way in.

"If you have the money, don't be afraid to take a risk, especially if you're young," said Paul.

"There are ways to spend and invest your money in ways that might mean more to you than the traditional conservative investment like the stock market," he added, citing collectible cards, sports memorabilia and certain luxury goods.

 ELON MUSK'S NET WORTH DOUBLES HIS NEXT CLOSEST RIVAL AMID TESLA STOCK SURGE

Nontraditional assets have been growing in popularity among younger investors, with prices often driven by scarcity. Hermès Birkin and Kelly handbags, for example, have outperformed even gold in recent years, according to the New York Post.

Those luxury items rely on scarcity, with customers limited on how many they can purchase globally each year. That scarcity is what Paul said he’s hoping will drive value when his rare Pokémon card goes up for auction in February 2026.

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"Being the rarest, most valuable card in the world, there’s only one of them," Paul said, noting it carries the highest possible PSA grade.

Paul, who wore the card around his neck in a $75,000 chain, would not give the value he was hoping to get at auction. He did caution that not all collectibles hold their value long term. Paul said investors need to be careful about what they buy, explaining that he focuses on acquiring "the best of the best" items with extremely limited supply.

https://www.foxbusiness.com/media/logan-paul-drops-5-3m-pokemon-card-tells-young-investors-ditch-stock-market

Where you can shop for your last-minute Christmas needsNeed last-minute holiday essentials? Find out which major retailers like Target have modified hours on Christmas Eve and will close for the holiday.

Whether it's a carton of milk or a gift for your cousin who has just decided to come home for Christmas, there are always last-minute items you need to make your holiday complete. Several U.S. stores are open or have modified hours on Christmas Eve and Christmas Day to ensure customers can get what they need for the holiday.

Many companies specify that customers can place orders online, but it is unlikely that the stores that are closed on Christmas Day will be able to fulfill same-day orders.

Aldi, a national grocery chain boasting more than 2,100 stores in 38 states, will be closed on Christmas Day. Aldi's website says that its locations will operate on limited hours for Christmas Eve.

Best Buy does not specifically note whether its locations will be open or closed for Christmas Eve and Christmas Day. However, the website's store locator shows many of its locations are closed on Christmas Day.

BJ's Wholesale Club locations will be open 8 a.m. to 6 p.m. on Christmas Eve, and the stores' optical departments will be open 10 a.m. to 5 p.m. On Christmas Day, all BJ's Wholesale Club locations, including its gas stations, will be closed.

GEN Z CUTTING BACK ON SPENDING FOR PHYSICAL GIFTS, TURN TO EXPERIENCES

Costco locations will be closed on Christmas Day. The company does not specify on its website whether stores will be open or operating on limited hours on Christmas Eve. You can use the company's store locator to check your local Costco's hours.

CVS stores appear to be operating on various hours for Christmas Eve and closed on Christmas Day. Customers can find their CVS location's hours on the company's store locator page.

Home Depot stores will be open until 5 p.m. on Christmas Eve and will be closed on Christmas Day. The company suggests customers check its store locator tool to see their local Home Depot's hours.

IKEA's stores, locations, warehouses, deliveries and customer services will be closed on Christmas Day. The company does not have specific hours for Christmas Eve and recommends customers use the store locator to look for their local IKEA's hours.

The Lowe's store locator shows many of its locations will be operating on limited hours for Christmas Eve and closed for Christmas Day. The company says that many of its service departments will close at 5 p.m. on Christmas Eve and will remain closed through Christmas Day.

MACY’S TURNAROUND SHOWS PROMISE AS SALES CLIMB TO HIGHEST LEVEL IN OVER 3 YEARS

Macy's may operate on limited hours for Christmas Eve and will be closed for Christmas Day. Customers can find more information on their local Macy's hours by using the store locator tool.

All Target stores will be open from 7 a.m. until 8 p.m. local time on Christmas Eve and will be closed on Christmas Day.

Trader Joe's will be open until 5 p.m. local time on Christmas Eve and will be closed on Christmas Day.

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Walgreens will be open on Christmas Eve and Christmas Day, but its pharmacy hours may differ. You can check your local Walgreens' holiday hours using the company's store locator.

Walmart will be open 6 a.m. to 6 p.m. on Christmas Eve and will be closed on Christmas Day.

Wegmans says its store hours vary based on location and region. The company suggests that customers check for their local Wegmans hours.

Whole Foods will open for modified hours on Christmas Eve and will be closed for Christmas Day. The Whole Foods store locater specifies local stores' hours.

https://www.foxbusiness.com/economy/where-you-can-shop-your-last-minute-christmas-needs

US economy grew much faster than expected in the third quarter, delayed report showsU.S. economy surprises with 4.3% GDP growth in the third quarter of 2025, beating expectations of 3.3% as consumer spending and exports drive the strong performance.

The U.S. economy grew at a faster pace than expected in the third quarter, according to the Commerce Department's estimate.

The Bureau of Economic Analysis (BEA) on Tuesday released its initial estimate of third-quarter GDP, which showed the economy grew at an annualized rate of 4.3% in the three-month period including July, August and September.

That figure topped the expectations of economists polled by LSEG, who had estimated 3.3% GDP growth in the third quarter. 

The report also found that real GDP rose at an annualized rate of 3.8% in the second quarter. That followed a GDP contraction of 0.6% in the first quarter. Taken together, those three readings indicate the U.S. economy grew at a 2.5% annualized rate through the first three quarters of 2025.

INFLATION REMAINED ELEVATED IN NOVEMBER AS FED CONSIDERS PAUSING INTEREST RATE CUTS

The BEA said that the rise in real GDP in the third quarter reflected increases in consumer spending, exports and government spending that were partly offset by a decrease in investment. Imports also declined in the third quarter.

"Compared to the second quarter, the acceleration in real GDP in the third quarter reflected a smaller decrease in investment, an acceleration in consumer spending, and upturns in exports and government spending. Imports decreased less in the third quarter," the BEA said.

US ADDED 64K JOBS IN NOVEMBER AFTER LOSING 105K IN OCTOBER, DELAYED REPORT SHOWS

The report noted that real final sales to private domestic purchasers – which is the sum of consumer spending and gross private fixed investment – rose 3% in the third quarter, slightly faster than the increase of 2.9% in the second quarter.

The price index for gross domestic purchases rose 3.4% in the third quarter, a notable increase from the 2% increase in the second quarter. The personal consumption expenditures (PCE) index – an inflation gauge that is also measured in a standalone report that can yield different readings – rose 2.8% in the third quarter, compared with an increase of 2.1% in the prior quarter.

POWELL ACKNOWLEDGES LABOR MARKET SLOWDOWN BUT REJECTS FEARS OF STEEP DECLINE

The third-quarter figure is expected to be revised with the release of a subsequent estimate. Typically, the BEA releases an initial estimate, a second estimate and a third estimate that serves as the final revision.

The government shutdown delayed the release of the initial third-quarter estimate, which was due at the end of October. It also affected the release of the second estimate, which was originally scheduled for Nov. 26.

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The BEA said that its initial estimate replaces the advance and second estimates, meaning there will just be one additional third-quarter GDP release. Currently, the BEA's schedule shows the final third-quarter GDP release on Jan. 22.

https://www.foxbusiness.com/economy/us-economy-q3-2025-initial

UN Warns Gaza’s Fragile Improvement Could Reverse Without Sustained Aid and Access

UN Warns Gaza’s Fragile Improvement Could Reverse Without Sustained Aid and Access

UNITED NATIONS, December 23 (IPS) - Despite notable improvements in the humanitarian conditions in the Gaza Strip following the October 10 ceasefire, progress remains critically fragile. With the enclave having averted famine across multiple regions, the United Nations (UN) and its partners warn that sustained humanitarian access, a steady flow of resources, and the restoration of critical civilian infrastructure are essential in preventing further deterioration, which could have long-lasting consequences for an already deeply traumatized population.

Read the full story, “UN Warns Gaza’s Fragile Improvement Could Reverse Without Sustained Aid and Access”, on globalissues.org →

https://www.globalissues.org/news/2025/12/23/41982 {"url":"https://static.globalissues.org/ips/2025/12/In-Gazas-Middle_-100x100.jpg"}

Southwest's profits are down 42% this year but it's the top U.S. airline stockSouthwest's stock has gained nearly 24% so far this year, more than any other airline.{}

Southwest's stock has gained nearly 24% so far this year, more than any other airline.https://www.cnbc.com/2025/12/23/southwest-luv-airline-stocks.html

Tanger CEO says retailers are 'discounting to meet the consumer' this holiday seasonTanger CEO Stephen Yalof says shoppers kept spending this holiday season as promotions and value offset weaker consumer confidence.{}

Tanger CEO Stephen Yalof says shoppers kept spending this holiday season as promotions and value offset weaker consumer confidence.https://www.cnbc.com/2025/12/23/tanger-ceo-stephen-yalof-holiday-shopping-consumer-spending-confidence.html

NFL stars help Raising Cane's impact children across America with biggest bike giveaway to dateThe sixth annual Raising Cane's holiday bike giveaway saw a star-studded lineup of surprise guests including A.J. Brown, Tee Higgins and many more helping impact children nationwide.

The holiday season is all about giving back, and Raising Cane's teamed up with a superstar lineup to help impact children nationwide this year. 

For the sixth straight year, Raising Cane’s spread holiday cheer on two wheels, teaming up with youth organizations and professional athlete stars to surprise kids with brand-new bikes and helmets.

This tradition is one that Raising Cane’s founder Todd Graves wanted to share, because after all, what kid wouldn’t want that classic feeling of getting a bike on Christmas?

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And after gifting 2,500 bikes last year, Graves and Cane’s kicked it up a notch with more than 4,000 bikes and helmets given to children in multiple cities, including Cincinnati with Bengals wide receiver Tee Higgins.

"When I walked in, you could see all the joy and how their faces lit up," Higgins told FOX Business about his help donating 100 bikes and helmets to children at the Boys & Girls Club of Greater Cincinnati. Higgins was once a Boys & Girls Club child while growing up in Oak Ridge, Tennessee, making these giveaways special given his platform now.

NFL STARS WORK WITH RAISING CANE'S TO DELIVER HUNDREDS OF BIKES TO CHILDREN DURING HOLIDAY SEASON

"That’s what it’s all about, man. To put smiles on these kids’ faces is amazing," he added. "And to give bikes to them as well. When I was their age, I remember my first bike at the Boys and Girls Club. That made me smile, so it made me the happiest boy alive."

Minnesota Vikings stars Josh Metellus and Andrew Van Ginkel did the same with the Boys & Girls Club of The Twin Cities, and they explained the impact they know was created earlier this month.

"I think it’s great for Raising Cane’s to bless these kids with the opportunity to receive a bike and to know that the community cares about them," Metellus told FOX Business. "There’s people that care about furthering their development in this world. To be a part of this is always special, given the platform, given the way I was brought up, I appreciate these things, especially around the holiday season."

Van Ginkel added: "I think life’s a lot bigger than football and us as football players. So, any way that we can get back in the community and just be there for kids that have been through a lot and need that extra piece of hope that can help them get through these difficult times."

Philadelphia Eagles star receiver A.J. Brown was unfortunately unable to make his scheduled appearance in his city due to a practice change, but his A.J. Brown Foundation, which helps impact underserved youth, made sure to show him the core memories made as each child was enthralled by their bikes.

"I’m so grateful for this partnership that me and Raising Cane’s came together to spread some holiday cheer and give some bikes away to kids. I’m always trying to put smiles on kids’ faces and that goes with my foundation — mentorship and doing things for kids in the community. It was a blessing," Brown told FOX Business.

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From Washington Commanders quarterback Jayden Daniels, to Arizona Cardinals safety Budda Baker, to Dallas Cowboys quarterback Dak Prescott, the NFL lineup was star-studded as everyone helped Raising Cane’s make sure children had their best holiday season to date.

Even players from the NBA got involved as well, with the San Antonio Spurs’ Devin Vassell, Cleveland Cavaliers’ Tyrese Proctor, Miami Heat’s Jaime Jaquez Jr., and Oklahoma City Thunder’s Isaiah Hartenstein also making impacts in their communities.

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https://www.foxbusiness.com/sports/nfl-stars-help-raising-canes-impact-children-across-america-biggest-bike-giveaway-date

IRS CEO says over 94% of middle-class Americans will see tax reliefThe 2026 tax season will witness "the biggest refunds that we've ever seen," according to the chief of the IRS and Social Security Administration, Frank Bisignano.

The first CEO of the Internal Revenue Service is reinforcing signals from the Trump administration that Americans could see the "biggest tax refund ever" in the new year.

"We should expect exactly what the president said, as always happens," Frank Bisignano – also the commissioner at the Social Security Administration – said on "Mornings with Maria" Tuesday.

"And the great leadership of the Treasury secretary has positioned us to be able to deliver in a whole bunch of ways for America."

FED'S GOOLSBEE SAYS RATES ‘COULD COME DOWN’ IF ECONOMY STAYS ON ‘GOLDEN PATH’

Bisignano confirmed that major tax refunds are expected in 2026, echoing President Donald Trump’s end-of-year address last week in which he predicted "the largest tax refund season of all time" next spring and said many families could save between $11,000 and $20,000 a year.

"You're going to look at probably 94%—plus of middle-class Americans getting a boost, your tax rates coming down and getting the benefit going forward," the IRS CEO said.

"You'll see all our Social Security recipients getting up to a $6,000 benefit as [Trump] committed to the benefits of Social Security not being taxed," he continued. "It will be the biggest refunds that we've ever seen, and it's all because of the president's leadership and the Treasury secretary’s under ‘One [Big] Beautiful Bill,’ which is unparalleled."

Bisignano also noted that the newly dubbed "Trump accounts" — a sweeping savings initiative for children — will begin accepting contributions on July 4, 2026.

"It's one of the most amazing pieces of tax work ever done. And if you think about it, $1,000 today will be worth $500,000 at age 60," Bisignano said.

The comments come as Treasury Secretary Scott Bessent and National Economic Council Director Kevin Hassett both told FOX Business that the administration expects larger refunds and higher take-home pay next year, as Americans continue to voice concerns about affordability.

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"We are going to see the biggest refund cycle ever in the history of America, and people are going to get massive refund checks," Hassett said in an interview on "Varney & Co." last Thursday. "We're expecting just that part of it alone to be worth a couple-thousand-dollar refund," Hassett added. "The numbers are striking."

"There are going to be substantial refunds to working American households in the first quarter," Bessent told Maria Bartiromo last week. "We're going to see very substantial, $100 to $150 billion of refunds in the first quarter go directly to Americans' pockets."

READ MORE FROM FOX BUSINESS

https://www.foxbusiness.com/politics/irs-ceo-says-over-94-middle-class-americans-will-see-tax-relief

‘From the Moment They Enter Libya, Migrants Risk Being Arbitrarily Arrested, Tortured and Killed’

‘From the Moment They Enter Libya, Migrants Risk Being Arbitrarily Arrested, Tortured and Killed’

  CIVICUS discusses migrants’ rights in Libya with Sarra Zidi, political scientist and researcher for HuMENA, an international civil society organisation (CSO) that advances democracy, human rights and social justice across the Middle East and North Africa.

Read the full story, “‘From the Moment They Enter Libya, Migrants Risk Being Arbitrarily Arrested, Tortured and Killed’”, on globalissues.org →

https://www.globalissues.org/news/2025/12/23/41981 {"url":"https://static.globalissues.org/ips/2025/12/Sarra-Zidi-100x100.jpg"}

Nigeria: Will Nnamdi Kanu’s Life Sentence End the Violent Agitation for Biafra?

Nigeria: Will Nnamdi Kanu’s Life Sentence End the Violent Agitation for Biafra?

ABUJA, December 23 (IPS) - On 20 November 2025, a Nigerian court in Abuja sentenced separatist leader Nnamdi Kanu to life imprisonment after finding him guilty of terrorism and several related offenses, bringing an end to a decade-long legal battle.

Read the full story, “Nigeria: Will Nnamdi Kanu’s Life Sentence End the Violent Agitation for Biafra?”, on globalissues.org →

https://www.globalissues.org/news/2025/12/23/41979 {"url":"https://static.globalissues.org/ips/2025/12/A-road-in-Awomamma-Southeast-Nigeria-100x100.jpg"}

Holiday retail spending rose 4.2% this season, driven by e-commerce and electronics: Visa reportU.S. holiday retail spending rose 4.2% as consumers spent more on tech and apparel, with online sales jumping 7.8%, Visa data shows, despite higher prices.{}

U.S. holiday retail spending rose 4.2% as consumers spent more on tech and apparel, with online sales jumping 7.8%, Visa data shows, despite higher prices.https://www.cnbc.com/2025/12/23/holiday-retail-spending-visa-report-2025.html

EV realism is here. How automakers react in 2026 will be tellingDetroit automakers are refocusing on large gas-guzzling trucks and SUVs, and many have admitted that policies, not consumers, were driving the charge for EVs.{}

Detroit automakers are refocusing on large gas-guzzling trucks and SUVs, and many have admitted that policies, not consumers, were driving the charge for EVs.https://www.cnbc.com/2025/12/23/evs-gm-ford-hyundai-tesla.html

Barnes & Noble to open 60 new stores in 2026Barnes & Noble announced it plans to open 60 new locations in 2026 in multiple states as the company says it is experiencing "tremendous" growth.

Barnes & Noble is gearing up to start the new year strong.

The company, which, in addition to books, sells music, toys and games, and features cafés within many of its locations, said it plans to open 60 new stores in 2026, both in new markets and ones previously served.

"Barnes & Noble is enjoying a period of tremendous growth as the strategy to hand control of each bookstore to its local booksellers has proven so successful," the company told FOX Business in a statement.

DOLLAR GENERAL ANNOUNCES 450 NEW U.S. STORES OPENING IN 2026 AS PART OF ONGOING EXPANSION

The bookseller said it is experiencing strong sales in its existing stores and has opened new locations after more than 15 years of declining store numbers.

Barnes & Noble said it has confirmed leases for 2026 in California, Colorado, Florida, Georgia, Illinois, Ohio, Texas, Virginia, Washington state and Washington, D.C.

TARGET BEEFS UP PROTEIN, SUPPLEMENT OFFERINGS, CAPITALIZING ON WEIGHT LOSS DRUG TREND

The company did not specify opening dates or exact locations of the new properties.

Barnes & Noble, which faces stiff competition from Amazon, traces its roots to the early 1870s when Charles Barnes started a book business in his Illinois home, according to the company's website. His son, William, along with G. Clifford Noble established the bookstore in 1917.

MACY’S TURNAROUND SHOWS PROMISE AS SALES CLIMB TO HIGHEST LEVEL IN OVER 3 YEARS

Leonard Riggio acquired the company in 1971 and oversaw its growth into one of the largest booksellers in the U.S.

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Barnes & Noble was acquired in 2019 by hedge fund Elliott Investment Management in an all-cash deal valued at $683 million, including the assumption of debt. 

https://www.foxbusiness.com/retail/barnes-noble-open-60-new-stores-2026

Jim Beam to close one of its distilleries for a yearJim Beam is reportedly pausing production at its Clermont facility for the duration of 2026 for upgrades while shifting operations to Boston, Kentucky, location.

World-famous Kentucky whiskey brand Jim Beam is reportedly closing its production facility in Clermont starting Jan. 1 through the end of 2026. The company is shifting production to its larger Booker Noe distillery in Boston, Kentucky.

The James B. Beam Distilling Co. said in a statement that it is "always assessing production levels to best meet consumer demand." It added that there was a recent discussion of its 2026 volumes.

JACK DANIEL'S MAKER REVEALS SURPRISING REASON WHY AMERICANS ARE DRINKING LESS WHISKEY

"We’ve shared with our teams that while we will continue to distill at our FBN craft distillery in Clermont and at our larger Booker Noe distillery in Boston, we plan to pause distillation at our main distillery on the James B. Beam campus for 2026 while we take the opportunity to invest in site enhancements," the company said in its statement.

"We continue to assess how best to utilize our workforce during this transition, and conversations with the union are ongoing," it added.

Tourists looking to explore the Kentucky Bourbon Trail will still be able to go to the visitors center at the James B. Beam campus, which will remain open despite the production pause, "so visitors can have the full James B. Beam experience," the company wrote. It added that its restaurant, The Kitchen Table would also remain open during this time. Additionally, bottling and warehousing will still be operational at the Claremont facility, the Lexington Herald Leader reported.

BEVERAGE GIANTS TARGET 'FOURTH CATEGORY' OF ALCOHOLIC DRINKS TO BRING IN YOUNGER GENERATION

Jim Beam's parent company, Suntory Global Spirits, said the pause would allow it to keep up with customer demands while making upgrades to the Clermont facility, according to WDRB. The outlet also noted that in addition to Jim Beam, the Clermont facility produces Knob Creek, Baker's, Booker's and Basil Hayden's.

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Kentucky's $9 billion bourbon industry is grappling with a massive supply and a slump in demand, according to the Lexington Herald Leader. The outlet had previously reported that whiskey production had dropped to its lowest level in years, citing data from the Treasury Department. However, it is unclear if this is a reason behind Jim Beam's decision to make upgrades to and pause production at its Clermont facility.

FOX Business reached out to Jim Beam for comment.

https://www.foxbusiness.com/economy/jim-beam-close-one-its-distilleries-year

UN Restructuring May Result in Over 2,600 Staff Reductions in the Secretariat and 15 Percent in Budgetary Cuts

UN Restructuring May Result in Over 2,600 Staff Reductions in the Secretariat and 15 Percent in Budgetary Cuts

UNITED NATIONS, December 23 (IPS) - The UN Staff Union is on edge — hoping for the best and expecting the worse — as the General Assembly will vote on a proposed programme budget for 2026 by December 31.

Read the full story, “UN Restructuring May Result in Over 2,600 Staff Reductions in the Secretariat and 15 Percent in Budgetary Cuts”, on globalissues.org →

https://www.globalissues.org/news/2025/12/23/41978 {}

Better Economic Measurement Is About Wiser Use, Not Just More Data

Better Economic Measurement Is About Wiser Use, Not Just More Data

We live in a galaxy of data. From satellites and smartwatches to social media and swipes at a register, we have ways to measure the economy to an extent that would have seemed like science fiction just a generation ago. New data sources and techniques are challenging not only how we see the economy, but how we make sense of it. The data deluge raises important questions: How can we distinguish meaningful signals of economic activity from noise in the age of artificial intelligence, and how should we use them to inform policy decisions? To what extent can new sources […]

Read the full story, “Better Economic Measurement Is About Wiser Use, Not Just More Data”, on globalissues.org →

https://www.globalissues.org/news/2025/12/23/41977 {"url":"https://static.globalissues.org/ips/2025/12/Alex-Robbins-Source-IMF-100x100.jpg"}

The World’s Right-Handed and Left-Handed Torturers

The World’s Right-Handed and Left-Handed Torturers

UNITED NATIONS, December 23 (IPS) - Jeanne Kirkpatrick, a former U.S. ambassador to the United Nations, once made a highly-debatable distinction between “friendly” right-wing “authoritarian” regimes (which were mostly U.S. and Western allies) and “unfriendly” left-wing “totalitarian” dictatorships (which the U.S. abhorred).

Read the full story, “The World’s Right-Handed and Left-Handed Torturers”, on globalissues.org →

https://www.globalissues.org/news/2025/12/23/41976 {"url":"https://static.globalissues.org/ips/2025/12/tercer-piso_-100x100.jpg"}

A Global Movement for Nutrition Is Needed Now More than Ever

A Global Movement for Nutrition Is Needed Now More than Ever

GENEVA, December 23 (IPS) - In my more than 30 years with the United Nations, I’ve seen enormous change, collaboration and progress towards improving human development. But I’ve also seen how history has a way of repeating itself to entrench some of the most intractable global challenges.

Read the full story, “A Global Movement for Nutrition Is Needed Now More than Ever”, on globalissues.org →

https://www.globalissues.org/news/2025/12/23/41974 {"url":"https://static.globalissues.org/ips/2025/12/Children-in-the-town_-100x100.jpg"}

Climate Justice Denied by Delays

Climate Justice Denied by Delays

KUALA LUMPUR, Malaysia, December 23 (IPS) - Opinions have been divided over the annual UN climate conferences. While some see COP30 in Belém, Brazil, as confirming their irrelevance, others see it as a turning point in the struggle for climate justice.

Read the full story, “Climate Justice Denied by Delays”, on globalissues.org →

https://www.globalissues.org/news/2025/12/23/41975 {"url":"https://static.globalissues.org/ips/2018/09/jomo_180-100x100.jpg"}

Downward Spiral of Bangladesh Politics and EconomyWho Should be Blamed ?

Downward Spiral of Bangladesh Politics and Economy
Who Should be Blamed ?

ROME, December 22 (IPS) - Bangladesh in recent years started drawing global attention for its success in emerging out of poverty through economic growth and agricultural development. From early 2000 until 2023, while population growth continued to decline from 1.2 in 2013 to 1.03 in 2023, this growth has been the powerful driver of poverty reduction since 2000. Indeed, agriculture accounted for 90 percent of the reduction in poverty between 2005 and 2010 (World Bank).

Read the full story, “Downward Spiral of Bangladesh Politics and Economy
Who Should be Blamed ?”, on globalissues.org →

https://www.globalissues.org/news/2025/12/22/41968 {"url":"https://static.globalissues.org/ips/2024/01/Ehtesham-Shahid-100x100.jpg"}

Central Asia–Japan Leaders’ Summit in Tokyo Backs Trans-Caspian Corridor; Tokayev Warns Nuclear Risks Are Rising

Central Asia–Japan Leaders’ Summit in Tokyo Backs Trans-Caspian Corridor; Tokayev Warns Nuclear Risks Are Rising

TOKYO, Japan, December 22 (IPS) - Leaders of Japan and the five Central Asian states met in Tokyo on Dec. 20 and adopted the “Tokyo Declaration,” launching a new leaders-level format under the “Central Asia plus Japan Dialogue” (CA+JAD). The declaration places at the core of cooperation two priorities: strengthening supply-chain resilience for critical minerals, and supporting the Trans-Caspian Corridor (the Trans-Caspian International Transport Route), which links Central Asia with Europe without transiting Russia.

Read the full story, “Central Asia–Japan Leaders’ Summit in Tokyo Backs Trans-Caspian Corridor; Tokayev Warns Nuclear Risks Are Rising”, on globalissues.org →

https://www.globalissues.org/news/2025/12/22/41965 {"url":"https://static.globalissues.org/ips/2025/12/central-asia_1___-100x100.jpg"}

Day Laborers, Trapped in a Complex War Between M25 Rebels and the DRC, Return Home

Day Laborers, Trapped in a Complex War Between M25 Rebels and the DRC, Return Home

Fulgence Ndayizeye, a Burundian bicycle taxi driver who used to cross the Congolese-Burundian border every day to support his family, wanted to return home. He and more than 500 other Burundians, including women, men, and children, stranded in Uvira on the border between the DRC and Rwanda, were finally allowed to return to their country on Sunday, December 14, 2025, by M23-Congo River Alliance (AFC) rebels after being stuck in the DRC due to an M23 rebel offensive that had taken the town a few days earlier. According to Human Rights Watch the M23 and Rwandan forces entered Uvira on […]

Read the full story, “Day Laborers, Trapped in a Complex War Between M25 Rebels and the DRC, Return Home”, on globalissues.org →

https://www.globalissues.org/news/2025/12/22/41966 {"url":"https://static.globalissues.org/ips/2025/12/BURUNDI-QUEUES-100x100.jpg"}

FDA approves first GLP-1 pill for obesity from Wegovy maker Novo NordiskThe approval gives Novo Nordisk a head start over chief rival Eli Lilly, which is racing to launch its own obesity pill.{}

The approval gives Novo Nordisk a head start over chief rival Eli Lilly, which is racing to launch its own obesity pill.https://www.cnbc.com/2025/12/22/fda-approves-first-glp-1-pill-for-obesity-from-novo-nordisk.html

End of Year Video 2025

End of Year Video 2025

Multiple shocks defined 2025: conflict, climate breakdown and shrinking democracy. Multilateral institutions were tested as never before.

Read the full story, “End of Year Video 2025”, on globalissues.org →

https://www.globalissues.org/news/2025/12/22/41964 {"url":"https://static.globalissues.org/ips/2025/12/End-of-Year-Video-2025-100x100.jpg"}

Paramount guarantees Larry Ellison backing in amended WBD bidParamount notably did not increase its bid on Monday, reiterating that it believes the deal is superior to Netflix's.{}

Paramount notably did not increase its bid on Monday, reiterating that it believes the deal is superior to Netflix's.https://www.cnbc.com/2025/12/22/wbd-bid-paramount-larry-ellison-backing-bid.html

2,000 pounds of sausages recalled after consumer finds dangerous metal strip over 1-inch longU.S. Department of Agriculture recalls nearly one ton of Olympia Provisions holiday kielbasa after consumer reportedly found a metal strip in sausage.

The Department of Agriculture announced Friday a recall of nearly one ton of holiday kielbasa after a consumer reportedly found metal in the product. 

Approximately 1,930 pounds of ready-to-eat sausage produced by Olympia Provisions may be "contaminated with foreign material, specifically metal," the agency’s Food Safety and Inspection Service (FSIS) said. 

FSIS told Fox News Digital Monday that the pieces of metal found were roughly 1.25-inch strips.

The issue was identified after the Portland-based company notified FSIS of the consumer complaint. No confirmed injuries related to the recalled products have been reported.

POPULAR SALAD DRESSINGS, SOLD AT COSTCO AND REPORTEDLY PUBLIX, RECALLED OVER ‘FOREIGN OBJECTS’

The product was manufactured on Oct. 14 and shipped to retail locations in California, Oregon and Washington. It was also sold nationwide through the company’s direct-to-consumer online sales.

The recalled item is packaged in 16-ounce vacuum-sealed plastic casings labeled "OLYMPIA PROVISIONS UNCURED HOLIDAY KIELBASA," with a "Best If Used By" date of Feb. 19, 2026. The product subject to recall bears establishment number "EST. 39928" inside the USDA mark of inspection.

OVER 13,000 ABOVE-GROUND POOLS RECALLED OVER DEADLY FLAW THAT KILLED 9 OVER 15 YEARS

FSIS advised consumers who believe they may have purchased the affected product to check their refrigerators or freezers.

"Consumers who have purchased this product are urged not to consume it," the agency said. "The product should be thrown away or returned to the place of purchase."

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Consumers with food safety questions can call the USDA Meat and Poultry Hotline at 888-674-6854 or email MPHotline@usda.gov.

Olympia Provisions told FOX Business Monday that the company is cooperating fully with regulatory authorities.

https://www.foxbusiness.com/lifestyle/holiday-kielbasa-sausage-recalled-after-consumer-finds-dangerous-metal-strip-over-1-inch-long

Holiday travelers to save over half billion dollars as gas prices drop to $2.79 per gallonHoliday travel gets cheaper as gas prices drop to $2.79 per gallon this Christmas, saving Americans over $500 million during the holiday season.

As Americans travel to spend the holidays with loved ones, lower and steadier gas prices are shaping up to be an early Christmas gift after years of sticker shock.

GasBuddy projects the national average gas price on Christmas Day will hover around $2.79 a gallon, down from $3 a year ago, saving drivers more than half a billion dollars over the holiday week.

The projected 2025 price puts Christmas gas costs roughly in line with where they were before the COVID-19 pandemic upended energy markets.

TRUMP'S ENERGY AGENDA DELIVERS LOWEST HOLIDAY GAS PRICES IN HALF DECADE

"Provided there are no surprises, holiday travelers should see pump prices that come in a bit lower than last Christmas," said Patrick De Haan, head of petroleum analysis at GasBuddy.

"We’re also seeing encouraging early trends as we prepare to release our 2026 Fuel Outlook in January, with signs that lower prices could continue into next year," he added.

Meanwhile, AAA anticipates that nearly 122.4 million Americans will journey at least 50 miles from home over the holidays, 2.7 million more than last year.

THANKSGIVING GAS PRICES FALL TO LOWEST LEVELS, WITH NEARLY 30 STATES BELOW $3 A GALLON

About 109.5 million Americans are expected to take year-end road trips, a 2% increase from 2024, as affordability and convenience keep driving the preferred option for nearly 90% of holiday travelers.

The revelation comes as the Trump administration pushes ahead on energy dominance, a key pillar of President Donald Trump's economic and national security agenda.

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According to GasBuddy data, motorists also benefited from lower gas prices over Labor Day and Thanksgiving.

"Lowering energy prices for American families and businesses will continue to be a top priority for the Trump administration in the new year," White House spokesperson Taylor Rogers said in a statement to FOX Business.

https://www.foxbusiness.com/politics/holiday-travelers-save-over-half-billion-dollars-gas-prices-drop-2-79-per-gallon

Why Warner Bros. Discovery shareholders might opt for Paramount's offer — and why they might notWBD shareholders must weigh pros and cons of tendering their shares to Paramount for $30 per share. CNBC lays out the arguments on both sides.{}

WBD shareholders must weigh pros and cons of tendering their shares to Paramount for $30 per share. CNBC lays out the arguments on both sides.https://www.cnbc.com/2025/12/22/paramount-wbd-tender-offer-arguments.html

The NBA is pursuing ownership groups for a potential basketball league in EuropeThe NBA is exploring the launch of a new professional men’s league in Europe in partnership with FIBA.{}

The NBA is exploring the launch of a new professional men’s league in Europe in partnership with FIBA.https://www.cnbc.com/2025/12/22/nba-basketball-league-in-europe.html

Rescued from Fire: the World in 2025

Rescued from Fire: the World in 2025

TORONTO, Canada, December 22 (IPS) - Our traditional “year-ender” usually kicks off with a grim litany of world disasters and crises over the past 12 months, highlights IPS partners and contributors and culminates in a more positive-sounding finale. This time I’d like to begin on a more personal note intended also as a metaphor.

Read the full story, “Rescued from Fire: the World in 2025”, on globalissues.org →

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Myanmar’s Sham Election: Trump Legitimises Murderous Military Dictatorship

Myanmar’s Sham Election: Trump Legitimises Murderous Military Dictatorship

MONTEVIDEO, Uruguay, December 22 (IPS) - Myanmar is heading for an election, beginning on 28 December, that’s ostensibly an exercise in democracy – but it has clearly been designed with the aim of conferring more legitimacy on its military junta.

Read the full story, “Myanmar’s Sham Election: Trump Legitimises Murderous Military Dictatorship”, on globalissues.org →

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Elon Musk takes dig at Waymo after San Francisco blackoutElon Musk mocks Waymo after rival's self-driving cars stopped at intersections during San Francisco power outage, while claiming Tesla's robotaxi remained unaffected.

Tesla CEO Elon Musk took a swipe at Waymo after its self-driving cars stopped moving at intersections in San Francisco, causing traffic jams during a widespread blackout over the weekend.

Waymo temporarily suspended its autonomous ride-hailing service in the San Francisco Bay Area on Saturday after a massive power outage knocked out electricity to about 130,000 homes and businesses. Video was shared online of Waymo self-driving cars appearing to be stalled at intersections, triggering traffic jams across affected areas.

"Tesla Robotaxis were unaffected by the SF power outage," Musk posted on X, along with a repost of video showing Waymo vehicles stopped at an intersection with down traffic lights as a line of cars honk and attempt to go around them. Musk also reposted a video purportedly showing a Tesla self-driving car navigating an intersection with non-functioning traffic lights.

A Waymo spokesperson told Fox News Digital in an emailed statement on Sunday afternoon that it was resuming ride-hailing service in the area after choosing to temporarily pause service on Saturday evening.

TESLA'S SELF-DRIVING CARS UNDER FIRE AGAIN

"[Saturday’s] power outage was a widespread event that caused gridlock across San Francisco, with non-functioning traffic signals and transit disruptions," the spokesperson said. "While the failure of the utility infrastructure was significant, we are committed to ensuring our technology adjusts to traffic flow during such events."

Waymo Driver, the company’s fully autonomous driving technology, is designed to treat non-functional traffic signals as four-way stops, according to the company.

TESLA REVIVES 'MAD MAX' MODE IN FULL SELF-DRIVING

The scale of the outages on Saturday, however, led to instances where Waymo's self-driving cars remained stopped longer than usual to check the status of the affected intersections, contributing to gridlock, the company said.

The spokesperson said the company is "focused on rapidly integrating the lessons learned from this event."

Waymo is owned by Alphabet Inc., the same parent company as Google.

The massive power outage was caused, at least in part, by a fire that broke out inside a Pacific Gas and Electric Co. substation at 8th and Mission streets. Blackouts affected about 130,000 homes and businesses, about a third of the utility’s customers.

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PG&E said in an update Sunday morning that damage from the fire in its substation was "significant and extensive," noting that repairs and restoration would be "complex."

As of 7:30 a.m. Sunday, the utility company said that crews had restored electricity to about 110,000 customers, with about 21,000 customers remaining without power, mainly in the Presidio, Richmond District, Golden Gate Park and small areas of downtown San Francisco.

https://www.foxbusiness.com/technology/elon-musk-takes-dig-waymo-after-san-francisco-blackout

Powerball jackpot rises to $1.6B, fifth-largest in US lottery historyThe Powerball jackpot climbed to an estimated $1.6 billion with a cash value of $735.3 million after there was no winner in Saturday's drawing.

The Powerball jackpot surged to an estimated $1.6 billion ahead of Monday night's drawing, making it the fifth-largest prize in U.S. lottery history.

The pot grew after no ticket matched all six numbers from Saturday night's drawing.

The white balls were 4, 5, 28, 52 and 69. The red Powerball was 20 and the Power Play multiplier was 3.

It now has an estimated cash value of $735.3 million, according to the lottery.

AMERICANS SURGE TOWARD FINANCIAL RESOLUTIONS FOR 2026 AMID HOUSEHOLD BUDGET CONCERNS

The odds of winning a prize are 1 in 24.9, while the odds of hitting the jackpot are 1 in 292.2 million.

Though there was no jackpot winner in the latest drawing, eight tickets matched all five white balls, the lottery said. Winning Match 5 tickets were sold in California, Florida, Iowa, Massachusetts, Michigan (two), New Hampshire and Ohio.

Monday's drawing – the fourth-largest in Powerball history – will mark the 46th in the current jackpot run, which the lottery says is a game record for the most drawings in a jackpot cycle.

POWERBALL JACKPOT SKYROCKETS ABOVE $1B AFTER PRIZE GOES UNCLAIMED

The Powerball jackpot was last won on Sept. 6, when two tickets in Missouri and Texas split a $1.787 billion prize.

The winner can choose between a lump sum payment estimated at $735.3 million or an annuitized prize of an estimated $1.6 billion. Both options are before taxes.

SINGLE TICKET SOLD IN GEORGIA CAPTURES $980M MEGA MILLIONS JACKPOT

If a winner opts for the annuitized prize, they will receive one immediate payment followed by 29 annual payments that increase 5% each year.

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Powerball tickets are sold in 45 states, Washington, D.C., Puerto Rico and the U.S. Virgin Islands. Drawings occur three nights a week, on Monday, Wednesday and Saturday.

https://www.foxbusiness.com/lifestyle/powerball-jackpot-rises-1-6b-fifth-largest-us-lottery-history

Escalating Food Insecurity in Asia-Pacific Undermines Health, Economic Growth, and Stability

Escalating Food Insecurity in Asia-Pacific Undermines Health, Economic Growth, and Stability

UNITED NATIONS, December 22 (IPS) - 2025 marked a notable year of progress in reducing global hunger; yet climate pressures, economic instability, and ongoing conflicts continue to push agri-food systems to their limits, undermining food availability. In a new report, UN agencies raise the alarm on how these factors are particularly pronounced in the Asia-Pacific region, which accounts for 40 percent of the world’s undernourished.

Read the full story, “Escalating Food Insecurity in Asia-Pacific Undermines Health, Economic Growth, and Stability”, on globalissues.org →

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How Build-A-Bear went from a penny stock to a retail winnerBuild-A-Bear Workshop's business plummeted during the pandemic, but under CEO Sharon Price John, the company has undergone a significant turnaround.{}

Build-A-Bear Workshop's business plummeted during the pandemic, but under CEO Sharon Price John, the company has undergone a significant turnaround.https://www.cnbc.com/2025/12/20/build-a-bear-workshop-bbw.html

Namibia Leads the Way: Honouring 25 years of Women, Peace and Security

Namibia Leads the Way: Honouring 25 years of Women, Peace and Security

WINDHOEK, Namibia, December 22 (IPS) - Last November, the streets of Windhoek came alive with the sound of drums and brass as a marching band led a procession of women from Namibia’s Defence and security forces.

Read the full story, “Namibia Leads the Way: Honouring 25 years of Women, Peace and Security”, on globalissues.org →

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Brick trophies, a life-size pink Cadillac and a team sponsorship: Why Lego is going all in on F1Lego and Formula 1 kicked off a multiyear partnership in 2025. Here's how that collaboration is providing value to the toy company and the racing organization.{}

Lego and Formula 1 kicked off a multiyear partnership in 2025. Here's how that collaboration is providing value to the toy company and the racing organization.https://www.cnbc.com/2025/12/22/lego-formula-1-partnership-fan-base.html

Paramount guarantees Larry Ellison backing in amended WBD bidParamount notably did not increase its bid on Monday, reiterating that it believes the deal is superior to Netflix's.{}

Paramount notably did not increase its bid on Monday, reiterating that it believes the deal is superior to Netflix's.https://www.cnbc.com/2025/12/22/wbd-bid-paramount-larry-ellison-backing-bid.html

Paramount guarantees Larry Ellison backing in amended WBD bidParamount notably did not increase its bid on Monday, reiterating that it believes the deal is superior to Netflix's.{}

Paramount notably did not increase its bid on Monday, reiterating that it believes the deal is superior to Netflix's.https://www.cnbc.com/2025/12/22/wbd-bid-paramount-larry-ellison-backing-bid.html

Supplements in your stocking: Why wellness gifts are gaining steam for the holidays and beyondRetailers are blurring the lines between beauty and wellness as customers look for holiday gifts and focus on self-care.{}

Retailers are blurring the lines between beauty and wellness as customers look for holiday gifts and focus on self-care.https://www.cnbc.com/2025/12/22/supplements-wellness-christmas-gifts.html

Over 13,000 above-ground pools recalled over deadly flaw that killed 9 over 15 yearsCPSC issues urgent recall of 13,480 above-ground pools sold across major retailers, including Home Depot, Lowe's, Amazon and Walmart, over child drowning risk.

The U.S. Consumer Product Safety Commission (CPSC) has recalled more than 13,000 above-ground pools due to a "drowning hazard."

The Dec. 18 recalls affect roughly 13,400 Blue Wave pools and 80 SerenLife Home brand pools, described to be 48 inches tall or higher.

CPSC said it identified a design flaw in both products. The compression strap that wraps around the exterior of the pools can be used as a foothold, the agency said. This feature allows children to climb into the pool even when a ladder is not present, increasing the risk of unsupervised access to the water.

"The recalled above-ground pools contain a compression strap (also referred to as a reinforcing belt) that wraps around the pool on the outside of the vertical support poles, and may create a foothold, allowing a child to access the pool and drown," the recall said for both products. 

POPULAR SALAD DRESSINGS, SOLD AT COSTCO AND REPORTEDLY PUBLIX, RECALLED OVER ‘FOREIGN OBJECTS’

No injuries have been reported in connection with the recalled products. However, Acting Chairman Peter A. Feldman said that such design flaws in above-ground pools have resulted in "a mounting death toll" over the years.   

"Today’s recall of nearly 13,500 additional Chinese-made above-ground pools addresses a dangerous design flaw that has resulted in at least nine deaths over the past 15 years," Feldman said in a statement.

"Previous CPSC leadership refused to take this hazard seriously, despite clear evidence of the dangers associated with these pools and a mounting death toll on their watch. No longer. Under new leadership, CPSC is committed to addressing the number one killer of children: drowning. This action follows a major recall of above-ground pools in July 2025 and the recent publication of a new safety standard for infant neck floats. Protecting children from the most serious product hazards must always be one of CPSC’s top priorities."

He urged families not to wait until swimming season to address the issue, saying, "families should stop using these pools immediately."

BAKED BEANS INSPIRED BY POPULAR TV SERIES RECALLED FOR UNDECLARED ALLERGEN 

The recall affects 15 specific models of Blue Wave pools. The pools were sold at The Home Depot, Lowe’s Dunham’s Sports and online, including Amazon.com, Walmart.com and Wayfair.com between January 2021 and July 2025. 

Model numbers include NB19790, NB19791, NB19797, NB19798, NB19890, NB19891, NB19900, NB19902, NB19904, NB19905, NB19906, NB19907, NB19908, NB19909 and NB19910.

CPSC said consumers in possession of the affected Blue Wave pools should contact the company for a free repair kit by calling (800) 603-0475 or emailing recall@bluewaveproducts.com.

In the meantime, the agency advised consumers to keep children from accessing the pool unattended or to drain the pool until repairs can be made.

Blue Wave confirmed in a notice that the company is voluntarily recalling the affected products in cooperation with the CPSC.

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Two models of SereneLife brand were also recalled: SLPORND15 and SLPORND18. 

The pools in question were sold on Amazon.com, Walmart.com, Wayfair.com, Target.com and Serenelifehome.com from December 2021 through May 2025.

CPSC said that consumers of the Serenelife brand models should contact the company for a full refund and "provide photographic evidence of destruction or disposal of the product" to receive it. They can be contacted at 888-619-6770 or recall@serenelifehome.com. 

SereneLife Home confirmed in a notice that the company will be recalling the affected items. 

"At SereneLife, the safety and well-being of our customers is our top priority," the company said. "We are committed to offering products that meet the highest standards of quality, safety, and compliance. If a product sold through SereneLifeHome.com is recalled, we act quickly to stop future sales and provide clear guidance on next steps."

https://www.foxbusiness.com/lifestyle/13000-above-ground-pools-recalled-over-deadly-flaw-killed-9-over-15-years

New York parents say kids 'freeze' on mandated electric school buses during brutal winter weatherParents in western New York report heating problems with mandated electric school buses, claiming children come home cold after rides in freezing weather.

Parents in Western New York are raising alarms over cold rides and breakdowns after officials mandated that all school bus purchases must be electric by 2027.

Local outlet WIVB reported that the law has drawn the ire of parents in the Lake Shore Central School District. The station received "several calls" over the electric buses, with parents claiming that their children are freezing when they come home from school.

Per WIVB, the district operates 23 electric buses, 24 gasoline buses and four full-size diesel buses.

"The heaters on the bus run off the same electricity as the bus itself," Scott Ziobro, a local parent, told WIVB. "They were told that it drains the battery capacity of the bus itself."

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Several parents told the outlet that they heard of at least one instance of the buses breaking down, in addition to the heating issues.

Chris Lampman, a concerned parent, claimed that a bus "broke down en route."

"They deployed a substitute bus, and the bus was more than 30 minutes late," said Lampman. "My son stood outside for over 35 minutes waiting for a bus that wasn’t coming."

"Some of those kids are on there for upwards of a half hour or more while the bus makes its route," he added. "There's no reason that the kids should freeze for all that time."

Local grandmother Lynn Urbino told WIVB that she was horrified when her grandson told her that his bus didn't have its heat on.

GOOGLE CEO CALLS FOR NATIONAL AI REGULATION TO COMPETE WITH CHINA MORE EFFECTIVELY 

"My grandson came home from school last week when it was 23 degrees," Urbino said. "He said they didn’t have heat. He came in cold, and I told him, I said, ‘Isn’t the bus warm?’ And he said, ’No, they can’t put the heat on because it drains the battery.'"

Superintendent Phil Johnson told WIVB in a statement that he is aware of the complaints, and that the school district's transportation procedures require heat.

"All routes are planned so that the electric bus battery capacity is more than sufficient to support both the route and continuous heating, even in winter weather," Johnson said. "The district values its transportation staff and continues to provide training and support to ensure students and staff are safely transported."

"We appreciate the efforts of our staff as we navigate our transition to electric buses as required by NYS," the statement added.

The New York State Energy Research and Development Authority website claims that electric school buses are capable of keeping heat on in cold weather.

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"While battery range can decrease in cold weather, they are still sufficient to complete operations on most local bus routes," the website says, according to WIVB.

https://www.foxbusiness.com/energy/new-york-parents-say-kids-freeze-mandated-electric-school-buses-during-brutal-winter-weather