Thursday, 9 January 2025

Panama, Canada, Greenland. Inflation Returns?

 Baltic Dry Index. 966 -49          Brent Crude  76.20

Spot Gold 2659               US 2 Year Yield 4.28 -0.02  

Military men are just dumb, stupid animals to be used as pawns in foreign policy.

Henry A. Kissinger.

With the US stock casinos closed today respecting President Carter’s funeral, Asian markets, European markets and the US central bank are back to worrying over sticky inflation and what Trump 2.0 tariffs might do to inflation and the global economy.

President-elect Trump, meanwhile, has ruled out an invasion of NATO founder member Canada, though not an invasion of Panama.  The 56,000 Greenlanders are to be bought like slaves, apparently.

It’s a funny old world in 2025.

Asia markets fall as Fed inflation worries temper rate cut expectations, China CPI slows

Updated Thu, Jan 9 2025 12:28 AM EST

Asia-Pacific markets tumbled Thursday in a choppy session as investors fretted the Federal Reserve could delay policy easing due to inflation worries, while China’s entrenched consumer disinflation further dented sentiment.

China’s inflation data for December released Thursday showed the consumer price index edged up 0.1% last month from a year ago, while the producer price index dropped 2.3% year-on-year, sliding for the 27th straight month.

Japan’s benchmark Nikkei 225 slipped 1.27% and the Topix fell 1.30%. The Japanese yen strengthened slightly to 158.08 against the U.S. dollar, recovering from the five-month low on Wednesday.

Australia’s S&P/ASX 200 lost 0.37% to close at 8,317.80.

South Korea’s Kospi index added 0.1% in a volatile session and the small-cap Kosdaq slid 0.13%.

Hong Kong’s Hang Seng index gave up modest gains earlier, trading marginally lower, while mainland China’s CSI 300 dipped 0.05%.

Overnight stateside, the S&P 500 and the Dow Jones Industrial Average posted narrow gains after the minutes from the Federal Reserve’s December meeting revealed most committee members see inflation risks have increased.

The U.S. 10-year Treasury yields briefly topped 4.7%, as the inflation outlook fueled investors’ concerns that the Fed may slow the pace of policy easing this year.

The broad market index gained 0.16% to close at 5,918.25, while the Dow added 0.25% to finish at 42,635.20. The Nasdaq Composite was little moved, ending at 19,478.88.

The U.S. stock markets will be closed on Thursday and Treasuries have a shortened session in observance of a national day of mourning for former President Jimmy Carter.

Asia markets live updates: China CPI, PPI; Fed December minutes

European stocks head for positive open but concerns over inflation dominate market sentiment

Updated Thu, Jan 9 2025 12:37 AM EST

European stocks are heading for a broadly positive open on Thursday as global markets focus on the inflation outlook.

The U.K.’s FTSE 100 index is expected to open 13 points higher at 8,256, Germany’s DAX up 44 points at 20,361, France’s CAC up 8 points at 7,454 and Italy’s FTSE MIB up 2 points at 35,210, according to data from IG.

Earnings releases will include trading statements from M&STesco and Greggs. German trade balance data for November is due to be released Thursday.

The inflation outlook in the U.S., Asia and Europe takes center stage this week, with markets being buffeted by concerns about persistent inflationary pressures.

Asia-Pacific markets tumbled in a choppy session overnight as investors worried the U.S. Federal Reserve would delay policy easing due to inflation worries, while China’s entrenched consumer disinflation dented sentiment.

Minutes released from the Fed’s December meeting showed nearly all the FOMC’s members believed upside risks to the inflation outlook had increased, adding to investors’ concerns that there may be fewer rate cuts than expected this year.

U.S. financial markets are closed Thursday in honor of former U.S. President Jimmy Carter, who died in late December at age 100. A state funeral for the country’s 39th president is taking place today.

China’s consumer inflation slows further in December, stoking deflation worries

China’s consumer price inflation in December slipped to 0.1% year on year, data from the National Bureau of Statistics showed Thursday, stoking deflation concerns.

Growth in headline inflation was in line with Reuters estimates, but less than the 0.2% rise in November. Core CPI, which excludes food and energy prices, rose 0.4% year on year compared with 0.3% rise in the previous month, the data showed.

On a month-on-month basis, China’s CPI came in flat, compared with the 0.6% decline in the prior month.

Food prices fell by 0.6% month on month as a result of conducive weather conditions, official statistics showed. The prices of fresh vegetables and fruits fell 2.4% and 1%, respectively. Prices of pork, which makes up a significant portion of the CPI basket, fell 2.1%.

European markets live updates: stocks, news, data and earnings

Fed officials are worried about the inflation impacts from Trump’s policies, minutes show

Published Wed, Jan 8 2025 2:00 PM EST Updated Wed, Jan 8 2025 3:36 PM EST

Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump’s policies could have, indicating that they would be moving more slowly on interest rate cuts because of the uncertainty, minutes released Wednesday showed.

Without calling out Trump by name, the meeting summary featured at least four mentions about the effect that changes in immigration and trade policy could have on the U.S. economy.

Since Trump’s November election victory, he has signaled plans for aggressive, punitive tariffs on China, Mexico and Canada as well as the other U.S. trading partners. In addition, he intends to pursue more deregulation and mass deportations.

However, the extent of what Trump’s actions will be and specifically how they will be directed creates a band of ambiguity about what is ahead, which Federal Open Market Committee members said would require caution.

“Almost all participants judged that upside risks to the inflation outlook had increased,” the minutes said. “As reasons for this judgment, participants cited recent stronger-than-expected readings on inflation and the likely effects of potential changes in trade and immigration policy.”

FOMC members voted to lower the central bank’s benchmark borrowing rate to a target range of 4.25%-4.5%.

However, they also reduced their outlook for expected cuts in 2025 to two from four in the previous estimate at September’s meeting, assuming quarter-point increments. The Fed cut a full point off the funds rate since September, and current market pricing is indicating just one or two more moves lower this year. Traders are assigning a nearly 100% chance that the FOMC will stand pat at its Jan. 28-29 meeting, according to the CME Group’s FedWatch gauge.

Minutes indicated that the pace of cuts ahead indeed is likely to be slower.

“In discussing the outlook for monetary policy, participants indicated that the Committee was at or near the point at which it would be appropriate to slow the pace of policy easing,” the document said.

Moreover, members agreed that “the policy rate was now significantly closer to its neutral value than when the Committee commenced policy easing in September. In addition, many participants suggested that a variety of factors underlined the need for a careful approach to monetary policy decisions over coming quarters.“

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Fed minutes January 2025: Slower pace ahead for rate cuts

Bond market selloffs are pushing yields toward key thresholds, with the US 10-year Treasury touching 4.73% Wednesday, nearer to the 5% peak hit in 2023. In the UK, that yield rose to as much as 4.82%, the highest since 2008 and echoing the rout that ended Tory Liz Truss’s brief stint as prime minister two years ago. Even in Japan, once the world’s major holdout as central banks tightened monetary policy, the 10-year rate on government bonds has pushed over 1% to the highest in over a decade. Donald Trump’s election victory in the US has only stoked the shift, with uncertainty over his tariff threats and vows to push tax cuts through Congress as America’s ability to keep rolling over its monstrous debt—without paying a lot more to do so—comes under increasing doubt.

At least everyday Americans seem to be learning their lesson when it comes to debt. Outstanding US consumer debt actually fell in November by the most in over a year as credit-card balances plunged. Total credit dropped by $7.5 billion, according to Federal Reserve data released Wednesday. Credit-card and other revolving debt decreased $13.7 billion, the most since early in the pandemic, after surging a month earlier. Non-revolving credit, such as loans for vehicle purchases and school tuition, increased $6.2 billion.

Los Angeles Under Threat as Three Wildfires Burn: Evening Briefing Americas - Bloomberg

In other news.

Canadian leaders say Trump’s talk about Canada becoming the 51st state isn’t funny anymore

Updated 6:53 PM GMT, January 8, 2025

TORONTO (AP) — U.S. President-elect Donald Trump’s comments that Canada should become the 51st state are no longer a joke and are meant to undermine America’s closest ally, Canada’s finance minister said Wednesday.

Dominic LeBlanc, the country’s point person for U.S-Canada relations, said Trump was smiling when he first made the comment during a dinner at Mar-a-Lago with Prime Minister Justin Trudeau in late November.

“The joke is over,” said LeBlanc. “It’s a way for him, I think, to sow confusion, to agitate people, to create chaos knowing this will never happen.”

Trump keeps floating the idea that Canada should join the United States as the 51st state, saying Tuesday he would not use military force to invade the country, which is home to more than 40 million people and is a founding NATO partner.

Instead, Trump said he would rely on “economic force” as he erroneously cast the U.S. trade deficit with Canada — a natural resource-rich nation that provides the U.S. with commodities like oil — as a subsidy.

“It’s becoming very counterproductive,” LeBlanc said, referring to Trump’s rhetoric about Canada.

LeBlanc has been talking to incoming Trump administration officials about increasing border security in an effort to avoid a sweeping 25% tariff that Trump has threatened to impose on all Canadian products.

LeBlanc, recently appointed to the role after the abrupt resignation of the previous finance minister, also announced he won’t run to replace Trudeau so he can focus on the tariff threat. Trudeau announced Monday he will resign as prime minister and will stay on until a new Liberal leader is chosen.

“The timing is awful for sure,” said Liberal lawmaker Judy Sgro of the leadership change. “But we will do what we have to do to ensure that Canada stands strong.”

Asked about Trump’s comments, Sgro said “He should focus on his own issues in his own country, because he’s got lots of them.”

Canadian Immigration Minister Marc Miller also fired back, dismissing Trump’s comments as “ridiculous.”

“There is no chance of us becoming the 51st state. I think that this is beneath a president of the United States,” Miller said. “I said a few weeks ago that this whole thing was like a South Park episode.”

Trump refused to rule out acquiring Greenland and the Panama Canal by military force and has said the U.S doesn’t need anything from Canada, including automobiles, lumber and dairy products.

“I don’t know who is misinforming him,” Ontario Premier Doug Ford said. “Right now we ship 4.3 million barrels of crude oil into the U.S. 60 percent of their energy imports are coming from Canada.”

The U.S. imports approximately 60% of its crude oil from Canada, with Alberta alone supplying 4.3 million barrels per day. According to the U.S. Energy Information Administration, the U.S. consumes about 20 million barrels a day, while domestically producing about 13.2 million barrels a day. This means about quarter of the oil the U.S. consumes every day is from Canada.

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Canadian leaders say Trump's talk about Canada becoming the 51st state isn't funny anymore | AP News

European Union won’t allow attacks on borders, French minister says after Trump’s Greenland comments

Published Wed, Jan 8 2025 6:47 AM EST

The European Union will not tolerate attacks within its borders, France’s Foreign Minister said on Wednesday in the wake of President-elect Donald Trump’s reiterations that bringing Greenland under U.S. control is a “necessity.”

In an interview with radio station France Inter, Jean-Noël Barrot said the bloc’s 27 member states would never accept any attempts to assault EU territory.

Greenland is an autonomous Danish territory, making it an Overseas Country and Territory (OCT) associated with the EU.

“There is no question that the European Union would let another nation of the world, whoever it may — and I would even say, starting with Russia — to attack its sovereign borders,” Barrot said, according to a CNBC translation. “We are a strong continent, we need to further strengthen ourselves.”

EU will not allow attacks on Greenland, French foreign minister says

Panama, Greenland And The Delusions Of Trump-O-Nomics

david stockman  Jan 08, 2025

Told you so. Donald Trump is wasting no time at all demonstrating that he is the same undisciplined, out-to-lunch motor mouth that was visited upon the nation last time around.

For crying out loud. He has spent the last several days promising an economic golden age he can’t possibly deliver, even as he shit-talks about Greenland, Canada and the Panama Canal. At today’s presser this insensible prattle reached the point where he refused to say whether or not he would actually send the Marines to invade Panama.

I’m not going to commit to that. It might be that you have to do something,” Trump said. “Look, the Panama Canal is vital to our country, it’s being operated by China, China. And we gave the Panama Canal to Panama, we didn’t give it to China.”

New York Times reporter David Sanger questioned the president-elect on if he can “assure the world” that “you are not going to use military or economic coercion.”

“No,” Trump replied.

Holy moly, this can’t be real. But it is!

Someone apparently told the Donald that the Panama Canal Authority is gouging American shippers and China may have something to do with it. Of course, neither is true.

Chinese companies have absolutely no role in the operations of the Panama Canal Authority. Nor did they fund the recent $5 billion expansion to accommodate more and larger ships. In all, the canal authority collects just $3.38 billion per year in tolls, which doesn’t amount to a hill of beans in the scheme of things.

Actually, the tolls averaged just $16 per ton against the 210 million long tons of cargo handled by the canal in FY 2024. So perhaps the Donald’s opinion is what—that the toll should be $13.50 or $9.25 per ton?

In fact, if the tolls were actually exploitive, the containers coming from the Far East and heading for the US Atlantic coast would divert to the Long Beach/Los Angeles Port and then go by train and truck to the east coast. Alas, they don’t at today’s $16 per ton charge because after the Teamsters, rail unions and Warren Buffet’s Union Pacific railroad eats their fill, it’s still cheaper to take the canal route and pay the tolls—the Donald’s new found monopolistic assessment or not.

More importantly, about 70% of the Panama Canal traffic is accounted for by US port originated or destined traffic. So call the annual charge to the US economy $2.4 billion, which amounts to barely $7.0 million per day.

Panama, Greenland And The Delusions Of Trump-O-Nomics

Britons issued travel warning as ferry operators ban electric cars from charging over fire fears

7 January 2025

British drivers heading abroad on holiday could find themselves in a difficult situation as a growing number of ferry companies ban the use of electric vehicles on board.

With Britons looking to escape the cold temperatures and short hours of sunlight, motorists may look to head to the continent on holiday.

However, motorists with electric cars could find themselves stuck if they cannot take a ferry as companies take steps to ban EVs over fire safety fears.

In 2010, DFDS, a popular ferry operator around Europe, banned the use of electric vehicle chargers on board ferries following a fire on the MS Pearl of Scandinavia.

A spokesperson for the company said the decision was being made for "safety reasons". According to the Copenhagen Post, the fire was caused by a short circuit in an extension cable connected to a socket on the dock.

Stena Line, another popular ferry service, only has onboard EV charging facilities on the Kiel to Gothenburg route.

Drivers are also banned from charging electric vehicles onboard Caledonian MacBrayne (CalMac) ferries. This includes electric cars, hybrid vehicles, e-bikes, e-scooters, hoverboards and electric wheelchairs.

Last year, a directive from the Greek Ministry of the Merchant Navy outlined that electric vehicles on board ferries should not have more than 40 per cent charge before driving on a ferry.

This follows a study by the European Maritime Safety Agency (EMSA) which states that if an electric vehicle has a charge lower than 30 per cent, the rate of thermal runaway is dramatically reduced.

It adds: "In general, EVs should have displayed SoC values within the respective 20 per cent - 50 per cent charge range.

"Vehicles showing only a Full to Empty measurement gauge should have a level indicating within the 20 per cent - 50 per cent charge range.

"Vehicles which can be set into a 'transport mode', which run on a 'power down' modus throughout the logistics chain, must have sufficient battery power to safely operate the basic functions of the vehicle.

"All hybrids with [the] possibility to drive on the 'ICE' with the electric mode disengaged, should do so."

The "Guidance for AFVs carriage in ro-ro spaces" report states that a 20 per cent charge limitation is recommended to ensure minimum basic driving and operation of the vehicle.

This will also cover dwell time at the port, vessel load, discharge operations and enough charge to travel to an EV charging facility near the port.

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Britons issued travel warning as ferry operators ban electric cars from charging over fire fears

Global Inflation/Stagflation/Recession Watch.

Given our Magic Money Tree central banksters and our spendthrift politicians, inflation now needs an entire section of its own.

German retail sales and industrial orders shrink as Europe's biggest economy continues to suffer

8 January 2025

Retail sales and manufacturing orders declined across Germany in November, raising fears that Europe's largest economy could shrink for the second consecutive year.

Federal statistics office Destatis said German retail purchases fell by 0.6 per cent in real terms from the previous month despite hopes of a pre-Christmas uplift from Black Friday and Cyber Monday.

However, it still estimated that the retail sector enjoyed 1.3 per cent more sales last year than in 2023 and double that percentage above pre-pandemic volumes.

Destatis also revealed that industrial orders across Germany dropped by 5.4 per cent on a seasonally and calendar-adjusted basis.

New orders of large-scale transport equipment, including aircraft, trains, and military vehicles, plummeted by 58.4 per cent due to the non-repeat of orders received in October.

At the same time, new orders for consumer goods and capital goods were 7.1 per cent and 9.4 per cent lower, respectively.

Domestic orders rose by 3.8 per cent, but this was offset by a 10.8 per cent reduction from overseas, primarily driven by weak demand outside the Eurozone.

Carsten Brzeski, global head of macro at ING Research, said: 'Notwithstanding some more technical rebounds, there is still no trend reversal in sight for the German industry. It's bottoming out at best.'

He also anticipates the recovery in retail spending will not persist during the fourth quarter, given increasing inflation and current political uncertainty unless 'Christmas shopping brings a positive surprise'.

Brzeski concluded that the industrial and retail sales data 'shows the weakness of the German economy in November and confirms our view of a light winter recession'.

The European Commission predicted Germany's gross domestic product would fall by 0.1 per cent in 2024, having contracted by 0.3 per cent the prior year.

Germany's economy has suffered from surging gas and electricity prices caused by loosening Covid-related restrictions and Russia's full-scale invasion of Ukraine.

In addition, a much bigger share of the country's GDP depends on exports to China, which have slid in recent years amid a property market slump and weak business and consumer confidence.

Many Chinese firms are also providing stronger competition in industries traditionally dominated by Germany, especially automobiles, because of high capital investment and public subsidies.

Germany's government collapsed in early November after Chancellor Olaf Scholz sacked his finance minister, Christian Lindner, over a budget dispute.

A month later, Scholz lost a vote of confidence, paving the way for a general election on 23 February.

In his New Year's address, Scholz admitted: 'Times are difficult. We are feeling it. Our economy is struggling. Life has become more expensive.'  

German retail sales and industrial orders shrink as Europe's biggest economy continues to suffer

Consumers could face price rises of 20% in 2025, trade experts warn

7 January 2025

The price of household staples including food and drink could climb by as much as 20% in 2025 if challenges with sourcing and transporting goods continue, an industry body has warned.

The cost of electronics, machinery, chemicals and petroleum products could also rise, said the Chartered Institute of Procurement and Supply (CIPS), as a result of geopolitical instability, including tensions in the Middle East, supply chain disruption and cybersecurity issues.

Buying and supplying items including food and drink could cost businesses as much as a fifth more this year, which they will pass on to consumers, according to the international trade association, which represents 64,000 member organisations in procurement and supply chains across 150 countries.

The cost of everyday products could be pushed even higher if Donald Trump follows through on threats to apply tariffs to goods entering the US after his inauguration as president on 20 January.

International shipping costs have been rising in recent months as global freight companies faced a string of challenges in moving goods around the world.

Tensions in the Middle East and attacks on vessels travelling through the Red Sea by Houthi rebels prompted many major shipping firms to re-route their vessels around the Cape of Good Hope, adding cost and time to journeys.

Tens of thousands of port workers on the east coast of the US are threatening to reprise their industrial action, following last October’s strike, after they reopened contract negotiations with their employers.

Ben Farrell, the chief executive of CIPS, said: “What is clear from our research is that there are a number of strategic challenges that are likely to disrupt the smooth flow of goods and services … These will present particular challenges for consumers, who are likely to be disproportionately impacted unless these issues are managed effectively.”

The prospect of Trump following through on his threats to impose tariffs of 10% on global imports into the US, along with a higher 60% tariff on Chinese goods has already prompted some companies to bring forward container shipments of goods to avoid such changes.

However, pre-emptive measures such as stockpiling would only temporarily delay the impact of price rises, trade experts said, warning that any new levies could push up costs, disrupt trade flows, and spark retaliation against US exports.

The cost of machinery, chemicals, computer components and metals for businesses could rise by between 5% and 20% in coming months, a recent CIPS member survey found, without factoring in the cost of the tariffs themselves.

“The impact of US tariffs on trade flows, giving rise to increased political tension, the global war for talent – these and other issues will need deft handling if growth as well as consumer confidence across the major markets is to be maintained,” Farrell said.

Consumers could face price rises of 20% in 2025, trade experts warn

UK food price inflation hits 3.7%, the highest level since March

7 January 2025

Food price inflation jumped to 3.7% last month, the highest level since March, helping fuel a bumper season for supermarkets.

Sales at the big grocery chains were up 2.1% over the four weeks to 29 December compared with a year before, according to the analysts Kantar. However, that rise was flattered by food price growth, which jumped more than one percentage point from 2.6% in November.

Inflation has been gradually increasing since July, but took a big step up last month led by confectionery, skincare and juices, taking household spending on festive take-home groceries to a record high of £460 on average.

Kantar also looked at trading in the three months to the end of December. The market leader, Tesco, increased sales of take-home groceries by 5% over that period, taking its market share to more than 28%.

The UK’s number two, Sainsbury’s, increased sales by 3.5% while the discounter Lidl was up 6.6% and Marks & Spencer 8.7%, with all benefiting from a collapse in sales at Asda – which was down 5.8% – the only faller among the big grocers.

The disappointing performance from the privately owned chain indicates the scale of the challenge for the new chair, Allan Leighton, who has been tasked with turning around Asda’s performance. The retailer is struggling to tackle IT issues and heavy price competition under the weight of hefty debts taken on to fund a £6.8bn buyout in 2020.

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UK food price inflation hits 3.7%, the highest level since March

Covid-19 Corner

This section will continue until it becomes unneeded.

"Overall, this study not only sheds light on the challenges faced by families during the pandemic but also provides suggestions for improving healthcare services to ensure a more comprehensive and effective response in times of crisis," she said.

How Covid affected child brain tumour treatments

7 January 2025

Lessons need to be learnt from how the Covid-19 pandemic disrupted the treatment for children with brain tumours, researchers have said.

The study, led by academics in Cambridge and Lancaster, said there were five major challenges for families trying to access the healthcare system during that period.

Seeing a GP face to face was more difficult and remote consultations relied on the caregiver highlighting any "red flags", the report said.

Addenbrooke's Hospital consultant Ibrahim Jalloh said: "Findings from this study offer practical insights from families and stakeholders, to improve the healthcare system during future disruptions."

The study, which was published on Thursday in British Medical Journal Open, external, analysed the effects of the pandemic on the diagnosis, treatment and ongoing management of children and young people with brain tumours.

Ten children and young people, 20 caregivers and 16 stakeholders - such as nurses and neurosurgeons - were interviewed between January 2022 and June 2023.

The report authors - who included academics from Birmingham, Manchester and Nottingham - said public health messages during the pandemic sometimes led to a "reluctance to seek help".

Paediatric brain tumours were the second most common form of childhood cancers, they said.

The study said restrictions, which only allowed one primary caregiver to attend hospital with their child, posed challenges for families and difficulties establishing relationships with healthcare teams.

Treatments were often postponed and caregivers felt they had to "stay strong" for their child but were often traumatised by their experiences, they added.

Caregivers also experienced "isolation" and lacked guidance when returning home.

Prof Rachel Isba, a consultant in paediatric public health medicine at Alder Hey Children's Hospital in Liverpool, hoped the study could spark improvements.

"Overall, this study not only sheds light on the challenges faced by families during the pandemic but also provides suggestions for improving healthcare services to ensure a more comprehensive and effective response in times of crisis," she said.

Child brain tumour treatment hampered by Covid - report - BBC News

Technology Update.

With events happening fast in the development of solar power and graphene, among other things, I’ve added this section. Updates as they get reported.

CES 2025 live: all the latest news from the world's biggest tech show

January 7, 2025

CES 2025 is now officially underway – and we're on the show floor at the world's biggest tech show to help you separate the duds from the genuinely exciting new tech coming out this year.

What's happened so far? As always, new TVs have starred, with Samsung and LG both revealing their latest flagship OLED ranges. Samsung has also revealed its new The Frame Pro TV – and after seeing it in the flesh, we're impressed. Hisense also just launched the largest mini-LED TV yet, a 116-inch beast.

There's been some big news on the graphics cards front too, with nVidia revealing its GeForce RTX 5000 series, led by the flagship RTX 5090. At the other end of the scale, we've also just seen the launch of the Snapdragon X CPU, which could help deliver much more affordable Copilot+ PCs.

The smart home and wearables have also again been a big theme of CES 2025. From a robot vacuum with a mechanical arm for picking up socks to the promising (if polarizing) Halliday Smart Glasses, the launches are coming thick and fast – and we're only just getting started.

For a quick summary of the latest news, check out the list below – but for our very latest finds and experiences direct from the CES 2025 show floor in Las Vegas, read on...

CES 2025: the latest news

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CES 2025 live: all the latest news from the world's biggest tech show

Next, the world global debt clock. Nations debts to GDP compared.

World Debt Clocks (usdebtclock.org)

Democracy is too important to leave up to the votes of the people.

Henry A. Kissinger.

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