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Friday, January 16, 2026

Treasury Secretary Warns Government Shutdown Fallout Worsening

US Treasury Secretary Warns of Deepening Economic Strain from Shutdown

US Treasury Secretary Scott Bessent has issued a stark warning that the economic fallout from the prolonged government shutdown is intensifying, describing the situation as getting “worse and worse.”

Disruptions are now rippling through key sectors and placing significant strain on public finances, according to the Treasury Secretary’s assessment.

Latest

6.0 Magnitude Earthquake Hits Oregon Coast, No Damage Reported

A significant 6.0 magnitude earthquake struck off the Oregon coast. Get the latest details on location, depth, and initial impact reports.

Billionaire Warns US Taiwan Chip Strategy Risks Chinese Invasion

Howard Lutnick says making Taiwan a semiconductor capital makes it a target for China, urging US to focus on domestic production instead.

Mustafizur Rahman Visa Row: A Strategic Signal in India-Bangladesh Ties

How India's visa denial to a Bangladeshi cricketer reflects a broader, more assertive foreign policy under S. Jaishankar and impacts bilateral relations.

15 Hindus Killed in Bangladesh in 45 Days, Rights Group Reports

A rights group reports escalating violence against Hindus in Bangladesh, with 15 killed in 45 days. Urgent government action and legal reforms are demanded.

Why Pakistan is Trapped Between Saudi Arabia and UAE Rivalry

Analysis of how Saudi-UAE competition for influence leaves Pakistan in a diplomatic bind, impacting its economy and regional stability.

Topics

6.0 Magnitude Earthquake Hits Oregon Coast, No Damage Reported

A significant 6.0 magnitude earthquake struck off the Oregon coast. Get the latest details on location, depth, and initial impact reports.

Billionaire Warns US Taiwan Chip Strategy Risks Chinese Invasion

Howard Lutnick says making Taiwan a semiconductor capital makes it a target for China, urging US to focus on domestic production instead.

Noida, Greater Noida Schools Closed Till Jan 17 Due to Cold Wave

Gautam Buddh Nagar district administration extends school closure for classes up to 8 due to severe cold and dense fog. Check details here.

Delhi AQI Hits 354: Air Quality ‘Very Poor’ Amid Fog and Cold Wave

Delhi's air quality deteriorates to 'very poor' with AQI at 354. IMD predicts dense fog and cold wave conditions for North India. Get the latest updates.

India’s Scramjet Success: Why Fighter Jets Still Use Conventional Engines

India joins the hypersonic club with scramjet tech. We explain why this breakthrough won't power fighter jets yet and what it means for missiles and space travel.

Mustafizur Rahman Visa Row: A Strategic Signal in India-Bangladesh Ties

How India's visa denial to a Bangladeshi cricketer reflects a broader, more assertive foreign policy under S. Jaishankar and impacts bilateral relations.

15 Hindus Killed in Bangladesh in 45 Days, Rights Group Reports

A rights group reports escalating violence against Hindus in Bangladesh, with 15 killed in 45 days. Urgent government action and legal reforms are demanded.

The Hidden Human Cost of Aggressive Business Targets

Explore why management strategies focused solely on outcomes, like 10-minute deliveries, are causing burnout and are unsustainable for long-term business success.
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