International

New York City’s congestion pricing will begin amid legal challenges

New York City’s congestion pricing will begin amid legal challenges

Cars traveling through Manhattan will face new tolls starting just after midnight on January 5, 2025, as New York City implements the nation's first congestion pricing plan. However, the plan continues to face legal challenges, particularly from the state of New Jersey, which argues that the program could lead to environmental damage and economic consequences beyond the river. Key details on congestion pricing Under the congestion pricing system, motorists entering Manhattan below 60th Street will pay: Peak times (weekdays 5am-9pm, weekends 9am-9pm): $9 Off-peak hours: $2.25 (a 75% discount) The Metropolitan Transportation Authority (MTA) expects a 10% reduction in cars…
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Jake Paul vs. Conor McGregor: Potential blockbuster fight sparks sports betting

Jake Paul vs. Conor McGregor: Potential blockbuster fight sparks sports betting

UFC superstar Conor McGregor has revealed his plans to return to the ring, teasing a potential fight against social media influencer and WWE star Logan Paul's older brother Jake Paul. The news has sent shockwaves through the world of combat sports, with fans and pundits speculating about the bout's implications, while bookmakers are already crunching numbers for what could become one of the most-watched boxing events in history. The hype for a McGregor-Jake Paul bout isn't entirely new; Rumors about this possibility have been circulating for months. Now, according to ESPN's Salvador Rodriguez, the matchup is officially under consideration for…
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America’s oldest racetrack closes as horse racing sees a modern resurgence

America’s oldest racetrack closes as horse racing sees a modern resurgence

After more than 170 years of operation, Freehold Raceway, America's oldest racetrack, has held its last race. The New Jersey track, owned by Penn Entertainment, officially closed its doors on the last weekend of 2024, ending an era marked by declining attendance, shrinking revenues and failed attempts to obtain a license for the casino. “Unfortunately, track operations cannot continue under current conditions, and we see no plausible way forward,” Howard Bruno, the track's general manager, said in a statement announcing the closure. While Freehold's closure reflects the challenges facing horse racing in the United States, industry insiders remain optimistic about…
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Ukraine blocks the transit of Russian gas to Europe, ending decades of energy dominance

Ukraine blocks the transit of Russian gas to Europe, ending decades of energy dominance

On New Year's Day, Ukraine officially cut off the flow of Russian natural gas to several European countries, marking the end of Moscow's long-standing dominance of European energy markets. The move, which had been widely anticipated, comes as the five-year transit agreement between Russia and Ukraine expired without renewal amid the ongoing war between the two nations. At around 8am local time on Wednesday, Russian state energy giant Gazprom confirmed that gas exports to Europe via Ukrainian pipelines had stopped. This development, which follows more than three decades of transit of Russian gas through Ukraine, highlights changing energy dynamics in…
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Boise State’s magical season ends with Fiesta Bowl loss, exposing flaws in College Football Playoff seeding

Boise State’s magical season ends with Fiesta Bowl loss, exposing flaws in College Football Playoff seeding

One was the resilient, conference-champion team that stormed into the College Football Playoff with determination, a breakout season fueled by star running back Ashton Jeanty, and a legacy of excellence among Group of 5 programs. The other was a team outmatched, overwhelmed and wracked by mistakes in a 31-14 loss to Penn State. For Broncos fans, the outcome was bittersweet. Boise State's improbable run to the CFP quarterfinals deserves to be celebrated, but the loss also underscored the challenge of competing at the highest level against a stronger, more talented team. Penn State, the Big Ten's runner-up and No. 6…
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John Thune prepares to lead Senate majority amid political challenges

John Thune prepares to lead Senate majority amid political challenges

John Thune's political career has been defined by resilience, strategic thinking, and the ability to tackle complex challenges. After ousting Sen. Tom Daschle, the influential Democratic majority leader, in 2004, Thune quickly faced one of his toughest battles: preventing the closure of Ellsworth Air Force Base, a key economic pillar in his home state of South Dakota . Successfully fending off that threat not only ensured his political future, but also taught him lessons that would shape his rise to the Senate. Now, as Thune takes over as Senate majority leader, he faces another formidable test. Leading a chamber of…
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Trump threatens EU with trade deficit tariffs and calls for more US energy purchases

Trump threatens EU with trade deficit tariffs and calls for more US energy purchases

President-elect Donald Trump ramped up his rhetoric on trade on Friday, warning the European Union that it must significantly reduce its trade deficit with the United States by buying more American oil and gas or face tariffs. “I told the European Union that it must make up for its huge deficit with the United States by buying our oil and gas on a large scale. Otherwise, it will just be tariffs,” Trump posted on his Truth Social platform shortly after 1 pm ET. The trade deficit between the United States and the EU in goods and services amounted to 131.3…
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The Fed plans to cut interest rates as it faces economic uncertainty under the new Trump administration

The Fed plans to cut interest rates as it faces economic uncertainty under the new Trump administration

The U.S. Federal Reserve is expected to cut its benchmark interest rate by a quarter of a percentage point this week, a move some analysts are calling a “hard reversal” in monetary policy. This comes alongside updated economic forecasts and interest rate projections as the central bank attempts to balance its goals against a backdrop of changing economic conditions and President-elect Donald Trump's new administration. The expected rate drop would lower the Fed's key interest rate to a range of 4.25% to 4.50%, marking a full one percentage point reduction from September, when the central bank began easing policy. restrictive…
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Biden sets ambitious emissions reduction target while Trump promises to reverse climate progress

Biden sets ambitious emissions reduction target while Trump promises to reverse climate progress

President Joe Biden announced a bold plan to reduce U.S. greenhouse gas emissions by more than 60% by 2035, reaffirming his administration's commitment to fighting global warming. This move comes as President-elect Donald Trump prepares to take office next month, vowing to dismantle much of Biden's climate agenda in favor of policies that promote fossil fuel production. Biden's updated goal, which exceeds his previous commitments, aims to keep the United States on track to achieve net-zero carbon emissions in all sectors of the economy by 2050. The formal commitment, known as a Nationally Determined Contribution (NDC), it will be submitted…
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Biden will visit the Vatican and Italy on his final international trip as president

Biden will visit the Vatican and Italy on his final international trip as president

US President Joe Biden will visit the Vatican next month, marking what is likely to be his last international trip as president before his term ends. The White House announced that Biden will travel to Rome from January 9 to 12, where he will meet with Pope Francis, Italian President Sergio Mattarella and Italian Prime Minister Giorgia Meloni. “President Biden will have an audience with the Pope on January 10 to discuss global efforts to promote peace,” the White House said in a statement. Biden will also meet with Italian leaders to highlight the strong relationship between the United States…
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