Japan defies US on Russian LNG imports – media

The Congressional Budget Office has warned that a potential government shutdown could lead to a staggering loss of up to $14 billion in GDP, which may never be recovered even after funding is restored. This situation highlights the severe economic implications of political gridlock, affecting not just government operations but also the broader economy. As the deadline approaches, the urgency for lawmakers to reach an agreement becomes increasingly critical to avoid these financial repercussions.

The Bank of Canada has indicated that it has exhausted its tools to support an economy struggling due to ongoing trade tensions with the U.S. This situation is concerning as it highlights the limitations of monetary policy in addressing the challenges posed by tariffs, which could lead to further economic instability and uncertainty for businesses and consumers alike.

Argentina's recent congressional elections saw right-wing president Javier Milei and his allies claim victory, but the outcome raises concerns about the country's growing dependence on the U.S. Following a $40 billion rescue, critics argue that Argentina's democracy and economy are increasingly at risk of becoming subservient to Washington's interests. This situation is significant as it highlights the potential shift in Argentina's political landscape and its implications for regional stability.

The ongoing federal government shutdown is projected to cost the US between $7 billion and $14 billion, according to the congressional budget office. This significant financial loss is expected to impact the country's GDP, potentially reducing it by one to two percentage points due to decreased demand. This situation highlights the economic repercussions of political stalemates and underscores the importance of resolving budgetary issues to maintain economic stability.

The US Federal Reserve has cut interest rates for the second time this year, lowering them to a range of 3.75% to 4%. This decision comes amid significant economic uncertainty caused by the federal government shutdown and tariffs imposed by Donald Trump. The rate cut aims to provide some relief and stimulate economic activity during these turbulent times, highlighting the Fed's response to ongoing pressures in the economy.

The mayor of South Korea's steelmaking hub has voiced strong opposition to President Trump's steel tariffs during his visit to the White House. This protest highlights the growing tensions between the U.S. and South Korea over trade policies that could significantly impact the steel industry and the economy in both countries. As Trump continues his trip through Asia, the mayor's actions underscore the urgent need for dialogue and resolution to avoid further economic strain.

Health Canada has made a significant move by approving lecanemab, the first drug aimed at slowing the progression of Alzheimer's disease. This approval is crucial as it brings hope to many patients and families affected by this debilitating condition. With lecanemab already available in countries like the U.S., U.K., Japan, Mexico, and China, its introduction in Canada marks an important step in the global fight against Alzheimer's, potentially improving the quality of life for countless individuals.

Israel has launched another strike in Gaza, resulting in the deaths of at least two more individuals, following an overnight bombardment that claimed the lives of at least 104 Palestinians, including children. This escalation poses a significant threat to the already fragile ceasefire brokered by the US, highlighting the ongoing violence and humanitarian crisis in the region. The situation is dire, as the attacks have shattered a brief period of relief for the Palestinian people, raising concerns about the future of peace efforts.

Liverpool is set to face Crystal Palace in the Carabao Cup, with an experimental lineup featuring many substitutes. This match is significant as it showcases Liverpool's depth and strategy in cup competitions, while also providing an opportunity for lesser-known players to shine on a big stage. Fans can follow live updates and scores, making it an engaging evening for football enthusiasts.

The recent police raid in Vila Cruzeiro, which resulted in over 130 deaths, has left the community in shock and mourning. This tragic event marks the deadliest police operation in Rio de Janeiro's history, raising serious concerns about police violence and the impact on local residents. The gruesome scenes of disfigured bodies have sparked outrage and calls for accountability, highlighting the urgent need for reform in law enforcement practices. As the community grapples with this tragedy, it underscores the ongoing struggles faced by favelas in Brazil.

CBS News staffers are facing significant job losses as part of a sweeping layoff plan by parent company Paramount, which is cutting about 1,000 positions across its organization. This move comes after a merger with Skydance Media and is part of a broader $2 billion cost-cutting strategy. The layoffs have created a tense atmosphere among employees, many of whom have been anxiously awaiting the announcement. This situation highlights the ongoing challenges in the media industry as companies strive to streamline operations and reduce expenses.

The Congressional Budget Office has warned that a potential government shutdown could lead to a staggering loss of up to $14 billion in GDP, which may never be recovered even after funding is restored. This situation highlights the severe economic implications of political gridlock, affecting not just government operations but also the broader economy. As the deadline approaches, the urgency for lawmakers to reach an agreement becomes increasingly critical to avoid these financial repercussions.

Hurricane Melissa is wreaking havoc in the Caribbean, with a dangerous storm surge expected in the Bahamas and reports of dozens of fatalities in Haiti. The mayor of a southern Haitian coastal town is urgently calling for government assistance as the storm continues to impact the region. This situation is critical as communities struggle to cope with the aftermath of the hurricane, highlighting the need for immediate support and resources to aid recovery efforts.

A group of over 15 fertility patients is taking legal action to prevent the destruction of their frozen embryos due to administrative errors. These patients, some of whom are battling cancer or facing fertility issues, had frozen their embryos to enhance their chances of conceiving in the future. However, confusing rules regarding storage consent have left them in a precarious situation, highlighting the need for clearer regulations in fertility treatments. This case underscores the emotional and legal complexities surrounding reproductive rights and the importance of safeguarding patients' options.