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U.S. Importers Brace for $150 Billion Tariff Refunds as Supreme Court Weighs Trump IEEPA Case
U.S. importers, customs brokers, and trade lawyers are preparing for a potential $150 billion tariff refund battle following a Supreme Court ruling on the legality of tariffs imposed by former President Donald Trump under the International Emergency Economic Powers Act (IEEPA). If the court strikes down the tariffs, importers may face a complex process to
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Samajwadi Party MP Mohibbullah Nadvi Under Scanner After Delhi Demolition Clashes
New Delhi, Jan 08, 2026 – Samajwadi Party MP Mohibbullah Nadvi is under investigation following clashes and stone-pelting near the Faiz-e-Elahi Masjid in Delhi, which erupted after a late-night demolition drive by the Municipal Corporation of Delhi (MCD) near Turkman Gate. According to news agency ANI, Delhi Police has decided to summon Nadvi to join the investigation related to the stone-pelting incident targeting
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Japan’s Real Wages Fall at Fastest Pace Since January Amid Persistent Inflation
Japan’s real wages fell sharply in November 2025, marking the fastest decline since last January, according to preliminary data from the Ministry of Health, Labour and Welfare. The drop was largely influenced by a sharp fall in one-off bonus payments, highlighting the ongoing challenge of inflation outpacing wage growth in the country. Real Wage Decline
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Climate Activist Harjeet Singh Rejects ED Allegations, Calls Claim “Far From Truth”
New Delhi, Jan 08, 2026 – Climate activist Harjeet Singh on Wednesday strongly denied claims by the Enforcement Directorate (ED) that his work with the Fossil Fuel Treaty Initiative (FFTI) is detrimental to India’s energy security. Singh described the allegations as “surprising and deeply disturbing,” asserting that his professional advocacy has always aligned with India’s clean energy and climate goals. “I am
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Bank of Japan Sees Wage Growth Continuing Amid China Tensions, Eyes Rate Policy
The Bank of Japan (BOJ) signaled optimism about the Japanese economy on Thursday, citing gradual recovery in regional economies and the continued expectation of wage growth among firms in fiscal 2026. At the same time, escalating tensions with China present a potential risk to Japan’s fragile economic recovery. Wage Growth and Inflation Outlook According to
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UK Firms Trim Wage Expectations Slightly, But Inflation Pressures Remain High
British companies have slightly lowered their wage growth and price inflation expectations, according to the latest Bank of England (BoE) Decision Maker Panel survey, but inflation pressures remain strong enough to keep the central bank cautious on interest rate cuts in 2026. The survey, released on January 8, 2026, shows firms expect wage growth of
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UK Watchdog Launches In-Depth Probe into AB Foods’ Acquisition of Hovis
Britain’s competition regulator has announced an in-depth investigation into Associated British Foods’ (ABF) acquisition of Hovis, following initial scrutiny of the deal. The Competition and Markets Authority (CMA) confirmed that it would fast-track its probe into the purchase, signaling heightened regulatory attention on the consolidation of the UK bread market. Details of the Acquisition ABF,
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Andhra CM Naidu Sets March 2027 Deadline for Completion of Polavaram Phase-I
Visakhapatnam, Jan 08, 2026 – Andhra Pradesh Chief Minister N Chandrababu Naidu on Wednesday announced that Phase-I of the Polavaram major irrigation project on the Godavari River, constructed with 100% central assistance, is slated for completion by March 2027. The project aims to enhance irrigation, water supply, and inland waterway connectivity across the state. The announcement came after an aerial survey and on-site
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Kerala High Court Extends Interim Arrest Protection for MLA Rahul Mamkootathil
Thiruvananthapuram, Jan 08, 2026 – The Kerala High Court on Wednesday granted interim relief from arrest to Palakkad MLA Rahul Mamkootathil, extending protection until January 21 in connection with a high-profile rape and abortion case. The court also allowed the impleading petition filed by the survivor to be included in the proceedings. The order was pronounced by Justice A Badharudeen, who scheduled a detailed
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Exeter Chiefs Seek New Investment After £10.3m Loss, CEO Tony Rowe Confident in Club’s Future
Exeter Chiefs CEO Tony Rowe has confirmed that the club is actively seeking new investment after Exeter Rugby Group posted an after-tax loss of £10.3 million last season. Despite the financial setback, Rowe remains optimistic about the club’s long-term prospects, citing Exeter’s history of growth and success at both domestic and European levels. Financial Challenges
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