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Japan earthquake tsunami LIVE news updates: In a major tragedy on the day of New Year, Japan was hit by 21 above 4.0 magnitude on Monday. The earthquakes, which were as intense as 7.6 magnitude triggered infrastructure collapse in the country with people running to save their lives.

Public broadcaster NHK reported that a one-meter-high tsunami wave struck parts of Japan’s west coast along the Sea of Japan, with expectations of a larger wave following a 7.6 magnitude earthquake in north-central Japan earlier today. The Japan Meteorological Agency issued a tsunami warning for Ishikawa, Niigata, and Toyama prefectures’ western coastal regions.

US President Joe Biden on January 1, Chinese President Xi Jinping emphasized that history has demonstrated the importance of maintaining mutual respect and peaceful coexistence as the correct approach for fostering positive relations between China and the United States, Bloomberg reported. This comes as both nations work towards repairing their strained diplomatic ties.

Happy New Year 2024 LIVE: A very Happy New Year to you all New Zealand, following closely as the second country to enter the new year, illuminated the night sky with dazzling fireworks displays, while people gathered in various iconic locations to usher in the fresh beginning. Pictures captured the vibrant festivities, showcasing the diverse ways in which different nations embraced the joyous occasion.

India recorded a trade deficit with nine of its top ten trade partners in the first seven months of 2023-24, with the US being the only country with which exports exceeded imports. India's trade surplus with the US — its largest trading partner — was $19.59 billion in the April-October period, show data from the commerce and industry ministry. However, with China, the second largest partner, the deficit was a whopping $51.11 billion, followed by a $33.56 billion gap with Russia, the fourth largest trade partner of India.

In the coming year, we will see not greater multipolarity, but greater bipolarity. China has replaced Russia as America’s main competitor in a new cold war that is less about ideology and more about markets and technology. The $18 trillion Chinese economy has already overtaken that of all 27 European Union countries combined, and China is the largest trading partner to more than 120 countries.

To gain a glimpse of the kind of strains many countries will face in 2024, it can help to focus on the challenges facing a single country. Consider Egypt’s recent experience. When Russia invaded Ukraine in February 2022, the sharp global increase in grain and fertilizer prices disrupted the Egyptian economy, which was already worn down by the covid-19 pandemic, water shortages, and debt.

Indian equity markets will be looking towards in 2024. The Indian equity market has been an outperformer and a safe haven in 2023 largely on account of good policies and political stability. That is key. Personally, I am very bullish on India. But India needs trained manpower to truly leverage its demographic dividend. So I would emphasise skill development centres nationwide.

(Reuters) -New Zealanders were among the first in the world to celebrate the arrival of 2024 with a fireworks display in Auckland on Monday. The fireworks illuminated the cloudy night sky and were accompanied by a laser light and animation show.

(Reuters) -Russia on Sunday said it attacked military facilities in the Ukrainian city of Kharkiv overnight, including a hotel housing military commanders and «foreign mercenaries», in response to Ukraine's strikes on Belgorod the previous day.

By Vitalii Hnidyi

2024 with a fireworks display in Auckland on Monday. The fireworks illuminated the cloudy night sky and were accompanied by a laser light and animation show. Here's how some other places and people around the world were bidding farewell to 2023 and welcoming the New Year.

MKI fighter jets about two decades ago, the Indian Air Force is now planning to extend the service life of its Russian-origin combat aircraft by more than 20 years. The Indian Air Force has inducted 272 of the Su-30 MKI fighter aircraft operating in its fleet and the twin-engine planes are going to be the mainstay of the force for at least the next 15-20 years. «Indian Air Force is looking to extend the service life of the fighter jets by another 20 years or more. Indian Air Force carries out extensive tests on the airframe and other parts of the aircraft to extend their service life and has had earlier experience in doing so,» defence officials told ANI. «Service life extension would help the Indian Air Force to maintain the fleet of its mighty Su-30s around 2045-2050,» they said. Indian Air Force is also working on boosting the capabilities of the aircraft by equipping it with major upgrades in terms of indigenous advanced radars, avionics and weapon systems.

Head of state. Commander in chief. Oil-trading whale? President Biden’s unprecedented release of oil from America’s petroleum reserves in 2022 turned the White House into an unusually active player in the volatile crude market.

Artificial Intelligence ruled 2023-- its discovery, usage, abuse, and a potential threat to jobs-- the new year 2024 can expect a changed stance of this discovery- based on takes the seat of governance. 2023 saw AI boost stock prices, and a profound shift in how humans function. 2024 will see regulators all over the world scrambling to impose rules on this rapidly growing technology.

Mint examines the reasons and implications. The BRICs grouping, during its summit in South Africa in August, invited six countries including Argentina to join it as permanent members, effective 1 January, 2024. On Saturday, though, Argentina’s newly elected government announced it would not be taking up on the offer.

Thailand's popular tourist destination Phuket has launched a new user-friendly online visa extension system. The Immigration Bureau Commissioner, Pol Lt Gen Itthiphon Itthisanronnachai, unveiled this new initiative, that will allow foreigners under the 12 specified visa categories to apply for visa extensions online. The move aligns with Lt Gen Itthiphon's mission to streamline immigration procedures, ensuring efficiency and accessibility, especially during the upcoming New Year holidays.

shares his outlook for 2024 and what investors should do in the current scenario. In the last few years, India has done exceptionally well. And it is a function of India doing well and others doing badly.

Belgorod, a day after Russian strikes killed dozens in Ukraine. Belgorod lies about 30 kilometres (19 miles) from the border with Ukraine and has been repeatedly targeted by what Russia says is indiscriminate shelling by Kyiv's forces. Unverified footage showed debris strewn across the street and smoke billowing from burnt-out cars in the city's centre, while a large blast can be heard in dashcam footage posted on social media. AFP was not able to immediately verify the circumstances of the blast. «According to updated information, 12 adults and two children were killed in Belgorod.

Russia, External Affairs Minister S. Jaishankar signed three documents relating to the Kudan Kulam Nuclear Power Plants, an MoU on cooperation in pharmaceuticals and healthcare and a Protocol on Foreign Office Consultations according to a release of the Ministry of External affairs. The EAM was on a visit to Russia from December 25 to 29 as a part of the ongoing high-level exchanges between the two sides. During his visit, Jaishankar called on Russian President Vladimir Putin in Moscow and held discussions with the Deputy Prime Minister and the Minister of Industry and Trade, Denis Manturov, as well as the Minister of Foreign Affairs, Sergey Lavrov. «Three documents relating to the Kudan Kulam Nuclear Power Plants, an MoU on cooperation in pharmaceuticals and healthcare and a Protocol on Foreign Office Consultations were signed during the visit,» the Ministry of External Affairs said in a release.

Travelers, truckers and shippers worldwide can thank the U.S. for helping keep a lid on oil and gasoline prices this year. A year ago, Wall Street analysts were predicting the international benchmark for oil prices would surge from around $85 a barrel to well over $100 in 2023.