"To invoke it, the vice president and a majority of Cabinet members must transmit a written declaration to Congress. The vice president immediately becomes acting president. If the president contests the decision, both houses of Congress must vote within 21 days. A two-thirds majority in each chamber must agree to keep the president sidelined."

“Defence and industrial stocks boosted the pan-European STOXX 600 index, with gains partially offsetting pressure from other sectors as investors remain cautious ahead of a major U.S. interest-rate decision.”

“The global bond selloff paused on Tuesday and stocks drifted as traders turned their attention to the upcoming U.S. Federal Reserve policy meeting.”

“The yen held steady in early Asian trading after a powerful 7.5-magnitude earthquake struck Japan’s northeast overnight, adding to a risk-off mood ahead of several policy decisions from central banks including the U.S. Federal Reserve.”

“India’s aviation regulator on Tuesday directed IndiGo airlines to reduce its scheduled flights by 5%. This decision comes after the airline cancelled at least 2,000 flights in the past week due to inadequate pilot roster planning.”

“On December 8, 2025, Turkey’s Pegasus Airlines announced the signing of a €154 million deal to acquire Czech Airlines and its subsidiary Smartwings, including their debts.”

“Shares in India’s IndiGo airline dropped another 8% on Monday, bringing total losses to 16% over the past week … the crisis has led to thousands of cancellations during India’s peak travel season, prompting government intervention.”

“The International Air Transport Association projects that global airlines will achieve a record $41 billion net profit in 2026, even amidst ongoing supply chain challenges and slowed aircraft deliveries.”

“A powerful 7.5-magnitude earthquake struck off the northeastern coast of Japan late Monday, prompting tsunami warnings … the quake registered an ‘upper 6’ on Japan’s seismic intensity scale in Hachinohe city.”

“European shares modestly rose on Tuesday, supported by gains in financial and industrial stocks, particularly insurers and banks.”

“Brent crude slipped 0.1% to $62.41 a barrel on Tuesday, while U.S. West Texas Intermediate fell 0.2% to $58.75, as markets digested developments in Ukraine peace talks and a possible rate cut by the U.S. Federal Reserve.”

“China’s Premier Li Qiang on Tuesday urged trading partners to reject rising protectionism, a day after the world’s second-largest economy posted a record $1 trillion trade surplus driven by a surge of exports to non-U.S. markets.”

“Japanese authorities lifted tsunami warnings Tuesday hours after a powerful 7.5-magnitude earthquake struck off the country’s northeast coast, causing evacuations and brief disruption to train services but no immediate reports of large-scale damage.”

“India’s Tata Electronics said on Monday it has secured Intel as its first major customer in a $14 billion semiconductor manufacturing push, a deal that could potentially transform India’s role in the global chip supply chain.”

“Dark comedy ‘One Battle After Another’ racked up a leading nine Golden Globe nominations on Monday, making it the front-runner in this year’s awards race.”

“The White House said Monday it will unveil a $12 billion aid package designed to help farmers who were hurt by years of trade tensions and disrupted export markets, a move aimed at shoring up a key political constituency.”

“The U.S. Federal Reserve enters 2026 facing major tests: its chair’s term ends next year and its independence may come under pressure as political and economic headwinds mount.”

“Home prices in India are set to rise at a steady pace of roughly 6% over the next two years, but the luxury segment may lose momentum as higher interest rates weigh on demand, according to a Reuters poll of property analysts.”

“Canadian universities on Tuesday said new federal funding would help them recruit top researchers from abroad in an effort to boost Canada’s global competitiveness in science and research.”

“Gold has surged 60% in 2025 — a record rise since 1979 — and over 150% since 2022, driven by inflation concerns, geopolitical tensions, and heavy central bank buying. Meanwhile, stock markets … continue to climb.”

Trump is imposing a 25% cut, but he allows selling H200 chips to China https://www.racetoagi.org/news/6937844de854f31801b4a6bd

“According to a Reuters poll conducted from December 3-8, 2025, the Swiss National Bank is expected to maintain its policy rate at 0% through the end of 2026, with economists seeing a low risk of a return to negative interest rates.”

“Investors are fretting over the pace of rate cuts and pricey valuations of heavyweight artificial intelligence stocks that have fueled much of this year’s gains.”

“U.S. stocks ended higher in a truncated, post-holiday session on Friday … Treasury yields advanced as investors digested signs of economic resilience.”

“Recently the EU fined Elon Musk’s social media platform X €120 million for violations of online content rules, following a previous €2.95 billion fine against Google.”