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    Social Security benefits cut: One move can prevent beneficiaries losing out 22 per cent, here are details

    US lawmakers will need to ensure that Social Security benefits and the annual cost-of-living adjustment (CoLA) should not be curtailed.

    Omar Abdullah faces internal dissent as NC MLAs raise concerns over leadership

    National Conference is experiencing internal dissent following the resignation of Aga Ruhullah as Srinagar MP. Some MLAs are questioning Chief Minister Omar Abdullah's leadership due to his close aides' influence. Party president Farooq Abdullah has intervened to address the discontent among legislators expressing trust issues. The recent electoral performance has made it difficult for the leadership to acknowledge growing disappointment.

    NC faces internal dissent as MLAs question Omar Abdullah's leadership

    National Conference faces internal dissent with MLAs expressing concerns regarding Chief Minister Omar Abdullah's leadership style. The resignation of Aga Ruhullah as Srinagar MP has intensified these grievances among party members. Farooq Abdullah, the party president, has intervened to mediate the situation and address the dissident legislators' demands. Resentment over recent appointments, particularly that of Nasir Aslam Wani, is also contributing to the unrest.

    More than family business: Drugmakers make costly, long-term strategic shifts as next generation steps into bigger roles

    India's family-run pharmaceutical companies are entering a new phase as the next generation takes on larger leadership roles and steers businesses towards complex generics, peptides, biologics, contract manufacturing and advanced therapeutics. Laurus Labs, Granules India, Bharat Biotech, Sun Pharma and Torrent Pharma are investing in capabilities that require greater scientific expertise, significant capital and longer gestation periods. The key question is whether the successors can turn these long-term bets into sustainable growth and create lasting value for investors.

    Santiago Pena, the ousted President of Paraguay, was placed under house arrest on charges of misconduct. His removal follows the collapse of Ueno Bank, affecting nearly half of Paraguay's population. Vice President Pedro Alliana has assumed presidency amidst public outcry for accountability. Regulators seized Ueno Bank, locking depositors out of their accounts and triggering a political crisis. Lawmakers allege Pena abused his political influence regarding Ueno's operations and regulatory oversight.

    Trump could woo North Korea after midterm setback, but Kim may not respond

    Following an unfavorable midterm election, Trump may pivot towards foreign policy engagement with North Korea, as analysts suggest this could fortify his legacy. Nevertheless, the North seems disinclined to reciprocate Trump's overtures, and regional partners, including South Korea and Japan, are apprehensive about being excluded from talks with Kim Jong Un. The intricate dynamics of the situation are likely to hinder productive discussions moving forward.

    The Economic Times
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