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Choking Capital: Delhi’s Toxic Smog Crisis Grounds Flights and Strains Health Systems

                              People walk in a smog-covered morning in New Delhi, India, Monday, Dec. 15, 2025. Dense toxic smog has engulfed New Delhi, reducing visibility, halting travel, and plunging the city’s Air Quality Index (AQI) to an alarming 471 , far above the hazardous threshold of 300. The blanket of pollution has led to over 40 flight cancellations and dozens of delays , while more than 50 trains were held up for hours , leaving thousands of commuters stranded. Authorities have imposed emergency pollution-control measures , including a ban on older diesel vehicles, suspension of construction activities, and hybrid schooling for children. Courts have even advised virtual hearings to minimize exposure. Hospitals across the capital are reporting a surge in patients suffering from breathing difficulties, eye irritation, and aggravated asthma conditions . Physicians...
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Wall Street Gains on Anticipation of Inflation Report and Fed Chair’s Event

 

Ahead of crucial inflation data and a public event by Federal Reserve Chair Jerome Powell, Wall Street saw a rise in premarket trading on Wednesday. Investors are keenly awaiting Friday’s inflation report, which the Fed will closely monitor for its next rate policy decision. Powell’s subsequent webcast discussion at the Federal Reserve Bank of San Francisco is expected to provide insights into potential rate cuts, with speculation of a reduction as early as May.

The U.S. economy has shown resilience despite higher interest rates aimed at controlling inflation, with the S&P 500 on track for its fifth consecutive winning month after a 9% surge this year. However, recent reports suggest a bumpier path in reducing inflation, with some costs exceeding expectations.

Amidst this economic backdrop, Trump Media & Technology Group’s shares soared after its IPO, despite financial losses and limited user growth. Meanwhile, global shares, particularly in Japan, were influenced by the yen’s decline to a 34-year low, prompting discussions among Japan’s monetary authorities.

Investors remain cautious as they consider whether the market has become overvalued after its recent rally, and analysts emphasize the need for broader profit growth to sustain current stock prices.

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