247 news update
Here's a summary of the latest news updates from around the world:
Top Stories
- COVID-19 Update: The global death toll from COVID-19 has surpassed 5 million, according to the World Health Organization (WHO). The pandemic has also infected over 250 million people worldwide.
- US-China Tensions: The United States has imposed sanctions on several Chinese officials and entities over human rights abuses in Xinjiang, China. China has vowed to retaliate against the sanctions.
- UK-EU Trade Talks: The United Kingdom and the European Union have reached a tentative agreement on a post-Brexit trade deal, but the details are still being finalized.
- Iran Nuclear Program: The International Atomic Energy Agency (IAEA) has reported that Iran has begun enriching uranium to 20% purity, a level that is higher than the 3.67% allowed under the 2015 nuclear deal.
- Wildfires in Australia: A severe heatwave has sparked massive wildfires in eastern Australia, forcing thousands of people to evacuate and causing widespread damage.
Business and Economy
- Stock Market: The Dow Jones Industrial Average has fallen over 500 points, or 1.7%, to 30,606, amid concerns over the COVID-19 pandemic and the US-China trade tensions.
- Oil Prices: Oil prices have fallen to their lowest level in over a year, with Brent crude trading at around $45 per barrel.
- Economic Growth: The International Monetary Fund (IMF) has cut its forecast for global economic growth in 2022, citing the ongoing pandemic and trade tensions.
Sports
- NFL: The Kansas City Chiefs have defeated the San Francisco 49ers 31-20 in Super Bowl LV, earning their second Super Bowl title in three years.
- NBA: The Los Angeles Lakers have signed LeBron James to a two-year contract extension, keeping him with the team through the 2023-2024 season.
Entertainment
- Oscars: The 93rd Academy Awards have been postponed to April 25, 2022, due to the ongoing pandemic.
- Music: The Grammy Awards have been postponed to March 14, 2022, due to the pandemic.
These are just some of the latest news updates from around the world. Stay safe and stay informed!