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World News Recap: Key Events of the Day

  1. US Warns Israel of Arms Delivery Suspension: President Joe Biden issued a stern warning to Israel, stating that the United States would halt arms deliveries if Israeli forces proceed with their offensive in Rafah, southern Gaza Strip.
  2. Israeli Ground Offensive in Rafah: The Israeli military announced its decision to launch a ground offensive in Rafah, resulting in casualties since the attack began on Monday night.
  3. Progress in Israel-Hamas Ceasefire Talks: Negotiations between Israel and Hamas in Egypt regarding a ceasefire in Gaza have made significant progress, although some issues remain unresolved, according to reports from Egypt’s Al-Qahera News.
  4. Bank of Japan Considers Interest Rate Hike: The Bank of Japan (BOJ) disclosed discussions among BOJ directors regarding a potential interest rate hike if the yen depreciation persists and inflation rises.
  5. South Korean President Apologizes Over Dior Bag Controversy: South Korean President Yoon Seok-yeol issued a public apology for his wife receiving a Dior bag as a gift, pledging efforts to set new government standards following a defeat in parliamentary elections.
  6. Alibaba Cloud Launches Latest Language Model: Alibaba Cloud introduced Qwen2.5, the latest version of its large language model, Tongyi Qianwen, after adoption by over 90,000 companies.
  7. US Warship Passage Through Taiwan Strait: A US warship traversed the Taiwan Strait, drawing condemnation from the Chinese government less than two weeks before Taiwan’s new president assumes office.
  8. US and China’s Semiconductor Production Forecast: A report from the Semiconductor Industry Association (SIA) and Boston Consulting Group (BCG) projected that the US would produce 28% of sub-10nm chips globally by 2032, while China’s share of advanced chip production may be limited to 2%.
  9. Microsoft and LinkedIn’s Work Trend Index: Microsoft and LinkedIn released the 2024 Work Trend Index, revealing a surge in AI utilization in workplaces, yet over half of respondents hesitate to acknowledge using AI for critical tasks.
  10. Disney and Warner Bros. Discovery Collaboration: Walt Disney and Warner Bros. Discovery announced plans to offer a combined streaming service, integrating Disney+, Hulu, and Max, set to launch in the US this summer.

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