Author: OMN AI

China’s expanding exports threaten European economies, and Goldman Sachs warns of GDP losses in Germany, Italy, France, and Spain.Beijing’s renewed push for export-led growth intensifies global trade competition, leaving Europe vulnerable to economic losses.Goldman Sachs cuts Europe’s growth forecasts in response to rising Chinese exports.Economist Giovanni Pierdomenico says increased Chinese goods supply widens Europe’s trade deficit and weakens its international competitiveness.He predicts stronger Chinese export competition will reduce euro-area GDP by roughly 0.5% by 2029.Germany faces the steepest decline, with GDP falling about 0.9% over four years; Italy drops 0.6%, France and Spain about 0.4%.Goldman highlights the scale of substitution…

Marc Guéhi scored a dramatic late winner to give Crystal Palace a 2-1 victory over Fulham, sending Oliver Glasner’s side up to fourth in the Premier League. The defender rose at the near post in the closing stages to head home from a corner, stunning a Fulham team who had fought back into the match and dominating spells of play. Palace took the lead through Eddie Nketiah, who marked his first league start of the season with a confident finish after a clever move orchestrated by Adam Wharton. Fulham struck back with a spectacular effort from Harry Wilson, who curled…

Trump warns of heightened streaming dominance US President Donald Trump says the planned 72bn-dollar takeover of Warner Brothers Discovery by Netflix could create major challenges. He tells an audience in Washington that Netflix already holds a large share of the streaming market and that a merger of this scale could pose serious concerns. The companies announce on Friday that they reached an agreement to bring major Warner franchises like Harry Potter and Game of Thrones to Netflix, forming a powerful new media group. The deal still needs approval from competition authorities. A media request to the firms and the White…

China and Russia have conducted their third joint anti-missile drills on Russian territory, highlighting growing defense cooperation and strategic trust between the two nations. Officials described the exercises as routine and emphasized that they are not directed at any third party. The drills involved coordinated missile defense operations, with both countries testing integrated systems and joint response strategies. Military analysts note that these exercises demonstrate increasing interoperability between Chinese and Russian forces. Officials from both countries stress that the exercises are part of ongoing defense collaboration and aim to strengthen readiness and coordination. By conducting such drills, China and Russia…

While Nepal is best known for Everest and Himalayan trekking, the lesser-known Terai lowlands offer a completely different experience — lush national parks, vibrant Indigenous culture and heartfelt hospitality summed up in the saying “Atithi devo bhava” — the guest is god. Staying with a Tharu family in Bhada, a remote village near the Indian border, visitors experience daily life far from Nepal’s tourist hotspots. Through the Community Homestay Network, travelers cook traditional meals, join festivals and contribute directly to local women-led households. In one home, guests help prepare starfruit pickle and later share dishes during Auli, a harvest celebration…

Tension Between Salah and Slot Mohamed Salah says Liverpool have thrown him under the bus and that his relationship with Arne Slot has collapsed. He spends all 90 minutes on the bench during the 3-3 draw at Leeds. It is his third straight match without a start. After the game, he claims the club want him to carry all the blame. He says he once shared a strong bond with Slot. Now he says there is no relationship at all. He cannot explain the change. He believes someone at the club wants him gone. Salah says he will always love…

Max Verstappen will start from pole in the Abu Dhabi Grand Prix season finale, with title rivals Lando Norris and Oscar Piastri lining up right behind him in second and third. The championship remains in Norris’s control: he will become world champion if he finishes ahead of both rivals, or simply third or better. Verstappen must win and hope Norris finishes off the podium, while Piastri needs victory and Norris sixth or lower. Verstappen, who has surged late in the season, set a 1:22.207 to take pole, but Norris showed confidence despite the pressure, calling the situation “fine” and insisting…

The White House created a media “Hall of Shame” as Trump intensified his campaign against so-called fake news. Officials described the site as fully sortable, routinely updated, and designed to prevent hoaxes, anonymous claims, or partisan smears from being ignored. Major Outlets Under Fire The portal named The Washington Post “Offender of the week” and criticized The New York Times, CNN, CBS News, and The Independent. The site listed specific claims for each outlet, grouped into categories such as circular reporting, failure to report, false claim, malpractice, mischaracterisation, misrepresentation, and left-wing lunacy. Accredited agencies like Associated Press and Reuters also…

A major power shift in global entertainment Netflix agrees to acquire the film and streaming divisions of Warner Bros Discovery for 72 billion dollars. The streamer wins a long and competitive bidding contest against Comcast and Paramount Skydance. Warner Bros controls iconic franchises such as Harry Potter and Game of Thrones and operates the streaming service HBO Max. The takeover creates a dominant new player in global entertainment, but regulators must still approve the agreement. Industry groups, including the Writers Guild of America, warn of risks for workers and consumers. Ted Sarandos, co-chief executive of Netflix, says the company feels…

A new study has found widespread contamination of cereal-based foods across Europe with a toxic “forever chemical” linked to serious health risks. Research by Pesticide Action Network Europe (PAN) revealed that breakfast cereals contained, on average, 100 times more trifluoroacetic acid (TFA) than typical levels found in tap water. TFA forms when pesticides containing PFAS — a group of long-lasting industrial chemicals — break down in soil. PFAS, used in manufacturing since the 1950s, can persist in the environment for centuries, accumulating in water, crops and food chains. TFA is classified as reprotoxic, meaning it can affect fertility, foetal development,…