Hong Kong enterprises have “high hopes” that a visit to Saudi Arabia as part of a high-powered delegation led by the city’s finance chief will help strengthen ties with the country and expand their business in the Middle East. Financial Secretary Paul Chan Mo-po will depart for Riyadh on Monday to attend the 9th Future Investment Initiative (FII) forum, often dubbed “Davos in the Desert”, to be held in the Saudi capital this week. One of the delegation’s members, Martin Zhu, CEO and co-founder...
In an effort to promote a more vibrant image of Hong Kong, the countryside and hiking trails will be showcased to over 300 top bankers attending next week’s Global Financial Leaders’ Investment Summit, which will be opened with a video address by China’s Vice-Premier He Lifeng. BlackRock co-founder Larry Fink and General Atlantic chairman and CEO William Ford were among the first-time attendees of the fourth edition of the financial summit, which runs from November 3 to 5, according to Hong Kong...
A US warship docked in Trinidad and Tobago’s capital on Sunday as the Trump administration boosts military pressure on neighbouring Venezuela and its President Nicolas Maduro. The arrival of the USS Gravely, a guided missile destroyer, in the capital of the Caribbean nation is in addition to the aircraft carrier USS Gerald R Ford, which is moving closer to Venezuela. Maduro criticised the movement of the carrier as an attempt by the US government to fabricate “a new eternal war” against his...
Beijing’s liaison office in Hong Kong has pledged to support the city’s integration into national development plans while stressing the importance of studying and applying the “spirit” of the country’s recent political leadership meeting, which will shape policymaking over the next five years. The head of the central government’s liaison office, Zhou Ji, conveyed on Saturday the guiding ideology of the fourth plenary session of the 20th Central Committee of the Communist Party of China and laid...
John J. Mearsheimer is the R. Wendell Harrison Distinguished Service Professor of Political Science at the University of Chicago, where he has taught since 1982. He has written extensively on security issues and international politics and is best known for his theory of offensive realism in international relations, which holds that to dominate the international system, great powers must constantly engage in security competition with each other, sometimes leading to war. In this interview,...
With the US government shutdown stumbling towards the one-month mark, the effects of the stand-off between Republicans and Democrats were being felt further away from the Capitol, as flights began to back up and food aid was drying up. US Transport Secretary Sean Duffy warned that travellers will face more flight delays and cancellations in the coming weeks as the continuing shutdown exacerbates the air traffic controller staffing crunch. “What I see coming forward, as we get to Monday,...
President Xi Jinping is expected to meet with his US counterpart, Donald Trump, on the sidelines of the Asia-Pacific Economic Cooperation (Apec) summit later this month. Regardless of how the summit might go, don’t count on China walking back its recently announced export controls on rare earths. Beijing might consider increasing supplies for civilian industries if the US rolls back its own escalatory policies following the trade truce brokered in Geneva, Switzerland earlier this year. The US is...
India and China resumed direct flights on Sunday after a five-year suspension, a move important both for trade and a symbolic step as Asia’s giants cautiously rebuild relations. IndiGo flight 6E1703 from Kolkata touched down in the southern Chinese city of Guangzhou just before 4am, officially resuming non-stop air links that had been suspended since 2020 due to the coronavirus pandemic and subsequent geopolitical tensions. The neighbours – the world’s two most populous nations – remain...
Striking workers at Boeing Defence in the St Louis, Missouri area rejected the company’s latest contract proposal on Sunday, sending a strike that has already delayed delivery of fighter jets and other programmes into its 13th week. In a statement after the vote, union leadership said the company had failed to address the needs of the roughly 3,200 members of the International Association of Machinists and Aerospace Workers (IAM) District 837. “Boeing claimed they listened to their employees –...
At least four people were killed by gunshots in opposition protests in Cameroon’s commercial capital Douala on Sunday, according to the campaign of presidential candidate Issa Tchiroma, who is seeking to oust veteran leader Paul Biya. Tchiroma called for the protests to demand that the results of an October 12 vote be respected, a day before the outcome is expected to be announced. Police fired tear gas and water cannon to break up the crowds of Tchiroma supporters. They say he beat Biya and...
Russia targeted Ukraine’s capital with drones, killing three people in their homes, authorities said early on Sunday. At least 29 people were wounded, seven of them children, in the second consecutive nighttime attack on Kyiv to claim civilian lives. Ukraine’s Interior Minister Ihor Klymenko said a 19-year-old woman and her 46-year-old mother were among the dead. Russian drones caused fires in two residential buildings in the capital’s Desniansky district. Emergency crews evacuated civilians...
UK police on Sunday arrested an Ethiopian asylum seeker and convicted sex offender, whose crimes had sparked anti-immigration protests, after he was accidentally released from prison in an embarrassing blunder by officials. London’s Metropolitan Police said officers arrested Hadush Kebatu in the north of the capital on Sunday morning, nearly 48 hours after he was mistakenly freed. Prime Minister Keir Starmer said Kebatu would now be deported. “We have ordered an investigation to establish what...
Global stock markets remained mixed today as investors weighed fresh U.S. inflation data, corporate earnings reports, and the ongoing economic uncertainty in China and Europe. The U.S. stock market opened slightly higher on Monday morning, with the Dow Jones Industrial Average rising 0.4%, the S&P 500 climbing 0.3%, and the Nasdaq Composite gaining 0.5% in early trading. Investors responded positively to June's U.S. Consumer Price Index (CPI) report, which showed inflation cooling slightly to an annual rate of 3.0%, down from 3.3% in May."Markets are optimistic that the Federal Reserve may pause or even cut interest rates by the fall," said Lisa Raymond, chief analyst at Morgan & Co. "But it's still a wait-and-see situation, especially with more earnings coming this week." Wall Street Opens Higher Dow +0.4%, S&P 500 +0.3%, Nasdaq +0.5% on Monday morning. Boosted by June CPI showing inflation cooled to 3.0% (down from 3.3%). Hopes rise for potential Fed rate cut or pause by fall. The U.S. stock market opened slightly higher on Monday morning, with the Dow Jones Industrial Average rising 0.4%, the S&P 500 climbing 0.3%, and the Nasdaq Composite gaining 0.5% in early trading. Investors responded positively to June's U.S. Consumer Price Index (CPI) report, which showed inflation cooling slightly to an annual rate of 3.0%, down from 3.3% in May. "Markets are optimistic that the Federal Reserve may pause or even cut interest rates by the fall," said Lisa Raymond, chief analyst at Morgan & Co. "But it's still a wait-and-see situation, especially with more earnings coming this week." Tech Leads the Way Technology stocks led the gains in the U.S., with Apple (AAPL) up 1.8% and Nvidia (NVDA) jumping 2.4%, as demand for AI and semiconductors remains strong. Tesla (TSLA) also rebounded, rising 3.1% after announcing better-than-expected Q2 vehicle deliveries. Global stock markets showed a mixed performance as investors weighed persistent inflation concerns against a wave of corporate earnings reports. While strong results from major tech companies helped lift some indexes, uncertainty surrounding central bank policies and the future path of interest rates kept others in check. In the U.S., Europe Struggles on Growth Concerns Meanwhile, European markets showed little movement, with the FTSE 100 in London flat and Germany’s DAX down 0.2%. Investors remain concerned about weak industrial output and rising energy costs across the Eurozone.“The European economy is showing signs of fatigue,” said Carla Dupont, economist at BNP Paribas. “High borrowing costs and geopolitical tensions are dragging down business activity.”Global stock markets showed a mixed performance as investors weighed persistent inflation concerns against a wave of corporate earnings reports. While strong results from major tech companies helped lift some indexes, uncertainty surrounding central bank policies and the future path of interest rates kept others in check. In the U.S., Market Performance Summary Table Region Index/Company Movement (%) Key Driver USA Dow Jones +0.4% Positive CPI report (3.0% inflation) S&P 500 +0.3% Rate cut optimism Nasdaq +0.5% Tech stock gains Apple (AAPL) +1.8% Strong AI demand Nvidia (NVDA) +2.4% Semiconductor growth Tesla (TSLA) +3.1% Strong Q2 deliveries Europe FTSE 100 (UK) 0.0% Flat due to economic uncertainty DAX (Germany) -0.2% Weak industrial output, high energy costs Asia Nikkei 225 (Japan) +0.6% Strong export performance Shanghai Composite -1.2% Property sector risks, low consumer spending Asia Mixed as Chinese Markets Slump In Asia, markets showed mixed results. Japan’s Nikkei 225 gained 0.6%, supported by strong export data. However, Chinese markets fell sharply, with the Shanghai Composite down 1.2%, as fears about the country’s property sector and sluggish consumer spending persisted. Gains in consumer and tech sectors pushed markets higher, but weaker-than-expected bank earnings and inflation-related jitters limited broader momentum. European markets edged lower as traders grew cautious about global trade tensions and slowing growth indicators, while Asian markets saw mixed results, with Hong Kong posting modest gains and Tokyo slipping slightly. Overall, market sentiment remains cautious as investors await further economic data and guidance from central banks. Looking Ahead Investors are now turning their focus to key corporate earnings this week from major banks like JPMorgan Chase, Goldman Sachs, and Citigroup, as well as tech giants like Netflix and Microsoft. The results are expected to provide a clearer picture of business resilience amid high interest rates and uncertain global demand. Overall, market sentiment remains cautious as investors await further economic data and guidance from central banks.
Global stock markets remained mixed today as investors weighed fresh U.S. inflation data, corporate earnings reports, and the ongoing economic uncertainty in China and Europe. The U.S. stock market opened slightly higher on Monday morning, with the Dow Jones Industrial Average rising 0.4%, the S&P 500 climbing 0.3%, and the Nasdaq Composite gaining 0.5% in early trading. Investors responded positively to June's U.S. Consumer Price Index (CPI) report, which showed inflation cooling slightly to an annual rate of 3.0%, down from 3.3% in May."Markets are optimistic that the Federal Reserve may pause or even cut interest rates by the fall," said Lisa Raymond, chief analyst at Morgan & Co. "But it's still a wait-and-see situation, especially with more earnings coming this week." Wall Street Opens Higher Dow +0.4%, S&P 500 +0.3%, Nasdaq +0.5% on Monday morning. Boosted by June CPI showing inflation cooled to 3.0% (down from 3.3%). Hopes rise for potential Fed rate cut or pause by fall. The U.S. stock market opened slightly higher on Monday morning, with the Dow Jones Industrial Average rising 0.4%, the S&P 500 climbing 0.3%, and the Nasdaq Composite gaining 0.5% in early trading. Investors responded positively to June's U.S. Consumer Price Index (CPI) report, which showed inflation cooling slightly to an annual rate of 3.0%, down from 3.3% in May. "Markets are optimistic that the Federal Reserve may pause or even cut interest rates by the fall," said Lisa Raymond, chief analyst at Morgan & Co. "But it's still a wait-and-see situation, especially with more earnings coming this week." Tech Leads the Way Technology stocks led the gains in the U.S., with Apple (AAPL) up 1.8% and Nvidia (NVDA) jumping 2.4%, as demand for AI and semiconductors remains strong. Tesla (TSLA) also rebounded, rising 3.1% after announcing better-than-expected Q2 vehicle deliveries. Global stock markets showed a mixed performance as investors weighed persistent inflation concerns against a wave of corporate earnings reports. While strong results from major tech companies helped lift some indexes, uncertainty surrounding central bank policies and the future path of interest rates kept others in check. In the U.S., Europe Struggles on Growth Concerns Meanwhile, European markets showed little movement, with the FTSE 100 in London flat and Germany’s DAX down 0.2%. Investors remain concerned about weak industrial output and rising energy costs across the Eurozone.“The European economy is showing signs of fatigue,” said Carla Dupont, economist at BNP Paribas. “High borrowing costs and geopolitical tensions are dragging down business activity.”Global stock markets showed a mixed performance as investors weighed persistent inflation concerns against a wave of corporate earnings reports. While strong results from major tech companies helped lift some indexes, uncertainty surrounding central bank policies and the future path of interest rates kept others in check. In the U.S., Market Performance Summary Table Region Index/Company Movement (%) Key Driver USA Dow Jones +0.4% Positive CPI report (3.0% inflation) S&P 500 +0.3% Rate cut optimism Nasdaq +0.5% Tech stock gains Apple (AAPL) +1.8% Strong AI demand Nvidia (NVDA) +2.4% Semiconductor growth Tesla (TSLA) +3.1% Strong Q2 deliveries Europe FTSE 100 (UK) 0.0% Flat due to economic uncertainty DAX (Germany) -0.2% Weak industrial output, high energy costs Asia Nikkei 225 (Japan) +0.6% Strong export performance Shanghai Composite -1.2% Property sector risks, low consumer spending Asia Mixed as Chinese Markets Slump In Asia, markets showed mixed results. Japan’s Nikkei 225 gained 0.6%, supported by strong export data. However, Chinese markets fell sharply, with the Shanghai Composite down 1.2%, as fears about the country’s property sector and sluggish consumer spending persisted. Gains in consumer and tech sectors pushed markets higher, but weaker-than-expected bank earnings and inflation-related jitters limited broader momentum. European markets edged lower as traders grew cautious about global trade tensions and slowing growth indicators, while Asian markets saw mixed results, with Hong Kong posting modest gains and Tokyo slipping slightly. Overall, market sentiment remains cautious as investors await further economic data and guidance from central banks. Looking Ahead Investors are now turning their focus to key corporate earnings this week from major banks like JPMorgan Chase, Goldman Sachs, and Citigroup, as well as tech giants like Netflix and Microsoft. The results are expected to provide a clearer picture of business resilience amid high interest rates and uncertain global demand. Overall, market sentiment remains cautious as investors await further economic data and guidance from central banks.
The United States has long been known as a nation of immigrants and diversity. Over the last century, significant demographic changes have occurred due to immigration patterns, birth rates, cultural shifts, and changing social values. This report outlines how the racial, regional, religious, and national origin composition of the U.S. population has evolved — and where it’s heading. Table 1: U.S. Population by Race/Ethnicity (1960–2024) Year White (Non-Hispanic) Black Hispanic/Latino Asian Native American Multiracial Other 1960 85% 10.5% 3.5% 0.5% 0.3% — 0.2% 1980 80% 11.5% 6.4% 1.5% 0.6% — 0.3% 2000 69% 12.3% 12.5% 3.6% 0.9% 2.4% 0.3% 2020 59.3% 13.4% 18.5% 5.9% 1.3% 2.8% 0.1% 2024* 57.1% 13.2% 19.1% 6.5% 1.4% 3.1% 0.2% Over the last six decades, the regional distribution of the U.S. population has undergone a substantial transformation. Economic shifts, climate preferences, and immigration patterns have contributed to the steady rise of the South and West as the primary hubs of growth, while the Northeast and Midwest have seen their shares of the national population gradually decline. The United States Census Bureau divides the country into four main regions: Northeast, Midwest, South, and West. Over the past several decades, regional population distribution has shifted significantly due to migration trends, job availability, climate preferences, and immigration. Table 2: Regional Population Distribution (by U.S. Census Regions) Region 1960 1980 2000 2020 2024 (Est.) Northeast 25% 22% 19% 17% 16.5% Midwest 29% 27% 23% 20% 19.7% South 31% 34% 36% 38% 39.2% West 15% 17% 22% 25% 24.6% Key Takeaway: The South and West have seen consistent growth due to warmer climates, job markets, and immigration hubs (e.g., Texas, Florida, California). The religious landscape of the United States has undergone a dramatic transformation over the past 70 years. While the country once identified overwhelmingly as Christian — particularly Protestant — more Americans today are choosing no religious affiliation, a trend that reflects shifting cultural norms, generational change, and growing diversity. Demography by religion Religion 1950 1980 2000 2020 2024 (Est.) Protestant 69% 56% 51% 40% 39% Catholic 25% 27% 24% 21% 20% Jewish 3% 2.5% 2% 1.8% 1.8% Muslim <0.1% 0.5% 1% 1.3% 1.5% Hindu/Buddhist <0.1% 0.5% 1.5% 2% 2.2% Unaffiliated 2% 7% 15% 27% 29% Key Shift: The rise of the “nones” (religiously unaffiliated) is among the most dramatic religious shifts in recent history. Immigration has always been a cornerstone of the American story. But over the past 60 years, the origins of the U.S. foreign-born population have changed dramatically — shifting from a Europe-dominated pattern to one led by Latin America, Asia, and more recently, Africa. These demographic transformations reflect both global trends and U.S. immigration policy reforms. Summary Insights Racial Diversity Growing Rapidly: Non-Hispanic Whites are no longer a supermajority. By 2045, the U.S. is projected to be “minority-majority.” Regional Power Shift: The South and West are economic and population growth engines. Religious Landscape is Secularizing: Protestants and Catholics are declining; the religiously unaffiliated are growing fastest. Immigration Patterns Have Shifted: From European-dominated to Latin American and Asian-majority since 1965’s Immigration and Nationality Act.
The U.S. Supreme Court issued a landmark ruling on Monday, declaring that former presidents are entitled to partial immunity from criminal prosecution for actions taken while in office. The 6-3 decision, split along ideological lines, has triggered intense political and legal debate across the country.The ruling stems from charges brought against former President Donald Trump, who has faced multiple indictments related to alleged interference in the 2020 presidential election and events surrounding the January 6 Capitol riot. The Court’s decision now makes it more difficult for prosecutors to pursue charges for actions deemed as part of a president's official duties. Divided Reactions President Joe Biden responded to the ruling by calling it a “dangerous precedent” that could place future presidents above the law. “No one in America should be beyond accountability,” he said during a press conference.Republican leaders, however, welcomed the decision. House Speaker Steve Scalise stated, “This ruling upholds the constitutional separation of powers and protects the office of the presidency from political attacks.”The recent Supreme Court ruling on presidential immunity has ignited intense debate across the United States, with sharp divisions emerging among legal experts, lawmakers, and the public. The decision, which sets new boundaries on the legal protections afforded to sitting presidents, has far-reaching implications for the balance of power and accountability in government. Supporters argue that the ruling upholds the integrity of the executive office by protecting it from politically motivated prosecutions, while critics warn that it could open the door to unchecked presidential authority. What the Ruling Means The Court ruled that while presidents do not have absolute immunity, they are shielded from criminal prosecution for actions that are “within the outer perimeter of official presidential responsibilities.” However, personal or unofficial actions remain subject to prosecution.Legal experts say the ruling could delay several of Trump’s ongoing legal cases, potentially impacting the 2024 election season, where Trump remains the leading Republican contender. As protests, press conferences, and panel discussions erupt nationwide, the ruling is expected to influence upcoming elections and reshape the legal landscape surrounding executive power for years to come. Public Response The recent Supreme Court ruling on presidential immunity has ignited intense debate across the United States, with sharp divisions emerging among legal experts, lawmakers, and the public. The decision, which sets new boundaries on the legal protections afforded to sitting presidents, has far-reaching implications for the balance of power and accountability in government. Supporters argue that the ruling upholds the integrity of the executive office by protecting it from politically motivated prosecutions, while critics warn that it could open the door to unchecked presidential authority. As protests, press conferences, and panel discussions erupt nationwide, the ruling is expected to influence upcoming elections and reshape the legal landscape surrounding executive power for years to come.
Iran and Israel traded further air attacks on Thursday as President Donald Trump kept the world guessing about whether the United States would join Israel's bombardment of Iranian nuclear facilities. Google News LinkFor all latest news, follow The Daily Star's Google News channel. A week of Israeli air and missile strikes against its major rival has wiped out the top echelon of Iran's military command, damaged its nuclear capabilities and killed hundreds of people, while Iranian retaliatory strikes have killed two dozen civilians in Israel. Iran and Israel traded further air attacks on Thursday as President Donald Trump kept the world guessing about whether the United States would join Israel's bombardment of Iranian nuclear facilities. Guardian council warns US of 'harsh response A key Iranian body warned the United States on Thursday that any intervention in support of its ally Israel would be met with a "harsh response". "The criminal American government and its stupid president must know for sure that if they make a mistake and take action against Islamic Iran, they will face a harsh response from the Islamic Republic of Iran," the Guardian Council said in a statement carried by state television. Google News LinkFor all latest news, follow The Daily Star's Google News channel. A week of Israeli air and missile strikes against its major rival has wiped out the top echelon of Iran's military command, damaged its nuclear capabilities and killed hundreds of people, while Iranian retaliatory strikes have killed two dozen civilians in Israel. Guardian council warns US of 'harsh response' if it intervenes. A key Iranian body warned the United States on Thursday that any intervention in support of its ally Israel would be met with a "harsh response". "The criminal American government and its stupid president must know for sure that if they make a mistake and take action against Islamic Iran, they will face a harsh response from the Islamic Republic of Iran," the Guardian Council said in a statement carried by state television.