World News
Gold–Silver Price Crash: Japan in Turmoil, US Markets Plunge, and India Sees Sudden Shock in Precious Metals
Global markets fell sharply from Asia to Wall Street as AI stocks tumbled, SoftBank crashed 10 percent, and inflation fears spiked in Japan—triggering a dramatic fall in gold and silver prices in India.
Global financial markets witnessed a turbulent session today, with sharp declines across Asia, the United States, and Europe. The ripple effect of this widespread market panic directly impacted India’s precious metals, leading to one of the steepest single-day drops in gold and silver prices this quarter.
The selloff began in Japan, where the markets were rattled by a combination of rising inflation, a renewed fear of interest rate hikes, and a heavy crash in AI-linked stocks. The shockwaves quickly spread to the rest of Asia, pushing investor sentiment deep into negative territory.
Asian Markets in Chaos: SoftBank Falls 10 Percent
Asian indices opened in deep red, with several heavyweight technology and semiconductor companies facing aggressive selling pressure.

Key declines included:
- SoftBank down 10%
- Advantest down 9%
- Tokyo Electron nearly 6% lower
- Lasertec slipped 5%
- Renesas Electronics fell 1.95%
Japan’s core inflation rising at the fastest pace since July intensified concerns that the Bank of Japan may be forced to tighten its monetary policy. The fear of an interest rate hike added further stress to the market, driving indexes downward.
Markets in South Korea, Hong Kong, China, and Australia also witnessed similar selling pressure, creating a widespread risk-off environment across the continent.
US Markets Mirror the Decline
The US stock market followed the same trajectory, with major indices turning sharply lower from the opening bell.
- Dow Jones closed 400 points lower
- Nasdaq fell more than 2%
- S&P 500 dropped 0.8%
The primary trigger was a broad-based selloff in AI and tech stocks, coupled with diminishing hopes that the Federal Reserve would announce a rate cut soon.
This combination significantly weakened global investor confidence.
Gold and Silver Prices Drop Sharply in India
The intense global selling pressure spilled over into the commodity markets as well, pulling down gold and silver prices in India.
Gold Price (5 December Morning)
Price: ₹121,838 per 10 grams
Change: ₹900 decline per 10 grams
Silver Price (Today’s Rate)
Price: ₹150,812 per kilogram
Change: ₹3,340 decline per kilogram
This marks the second consecutive day of steep corrections in both precious metals.
Indian Stock Market Also Slips
Tracking global cues, Indian equities fell significantly:
- Sensex dropped 200 points
- Nifty plunged 60 points
- Bank Nifty lost 255 points
The selling pressure was uniform across sectors, reflecting broad-based weakness.

What Caused the Sudden Global Meltdown?
Analysts point to several interconnected factors:
- Crash in major AI and tech stocks
- Rising inflation concerns in Japan
- Reduced expectations of a US interest rate cut
- Weak global sentiment and risk-averse investor behavior
- Shift toward safer assets
Together, these factors triggered a sharp fall in equities and commodities worldwide.
Will Gold and Silver Prices Drop Further?
Market experts believe that:
- If the downturn on Wall Street continues
- And selling pressure persists in Japan and China
Gold and silver could see additional correction in the coming days.
However, India’s upcoming wedding and festival season may support retail demand later, helping stabilize prices.
World News
Spain’s Deadliest Train Disasters What Happened and What Changed
From historic crashes to terror attacks, Spain’s rail network has witnessed some of the worst disasters in European history
Spain is reeling after another devastating rail tragedy. At least 39 people were killed and more than 120 injured when a high-speed train derailed and collided with an oncoming train near Adamuz in southern Spain, marking the country’s worst railway accident in over a decade. As investigations begin, the incident has reopened painful memories of past disasters that left deep scars on the nation.
Here is a look at some of Spain’s deadliest train disasters over the past century.
Santiago de Compostela train crash (2013)
Spain’s most lethal rail accident in recent memory occurred near Santiago de Compostela in July 2013. A high-speed train derailed on a sharp curve, smashing into a concrete wall and catching fire.
The tragedy claimed 80 lives and injured 145 people. An official investigation found that excessive speed and driver distraction played a key role, though victims’ groups argued that inadequate safety systems also contributed.
Madrid commuter train bombings (2004)
On March 11, 2004, Spain witnessed one of the deadliest terrorist attacks in Europe. Ten backpack bombs exploded on four commuter trains during rush hour in Madrid.
The coordinated attacks killed 193 people and injured thousands. The bombings, carried out by Islamist extremists, were linked to Spain’s involvement in the Iraq war and fundamentally changed the country’s security landscape.
El Cuervo train collision (1972)
In 1972, a head-on collision on the Cadiz–Seville route near El Cuervo resulted in 86 deaths and more than 150 injuries.
Investigators concluded that the crash occurred after a driver failed to stop at a red signal, highlighting the dangers of human error in rail operations.
Urduliz rail accident (1970)
A fatal collision between two trains in Urduliz, near Bilbao, killed 33 people in the summer of 1970.
Initially, a stationmaster was blamed, but later findings revealed he had been working exhausting 16-hour shifts for several consecutive days, raising serious concerns about working conditions and fatigue.

Grisen train fire (1965)
In 1965, a passenger train on the Madrid–Barcelona line caught fire near Grisen.
Officials at the time reported 30 deaths, but later accounts suggested the toll may have been as high as 80. Under the Franco regime, details of the disaster were allegedly suppressed, leaving lingering uncertainty about the true scale of the tragedy.
Torre del Bierzo rail disaster (1944)
One of Spain’s deadliest and most controversial rail disasters occurred in 1944 in Torre del Bierzo.
A train travelling from Madrid to A Coruña suffered brake failure and collided with a locomotive inside a tunnel. Moments later, a third train crashed into the wreckage. Official figures cited 78 deaths, but censorship under dictator Francisco Franco has led historians to believe the actual toll may have been much higher.
A nation forced to remember
Each new rail disaster in Spain revives memories of these tragedies, underscoring the high cost of safety failures, human error, and, at times, political secrecy. As authorities investigate the latest crash near Adamuz, the hope is that lessons from the past will prevent history from repeating itself yet again.
World News
A Stunning Turn in the Harvey Weinstein Case as Defense Points to Juror Pressure Claims
As Harvey Weinstein awaits sentencing in New York, his legal team points to alleged juror intimidation, asking the court for a rare hearing that could reshape the future of the high-profile case.
The legal battle surrounding disgraced Hollywood producer Harvey Weinstein has taken another dramatic turn. His defense team is now pushing hard to undo his latest New York conviction, citing claims that a juror was pressured and bullied into delivering a guilty verdict — a move that could potentially reopen one of the most closely watched trials in modern American legal history.
In June, a 12-member jury in Manhattan convicted Weinstein on one count of a criminal sexual act in the first degree involving former Project Runway assistant Miriam Haley. The jury, however, acquitted him on a separate charge involving former model Kaja Sokola, and failed to reach a verdict on a third count of rape connected to aspiring actress Jessica Mann, leading to a mistrial on that charge.
A Juror’s Claim Sparks New Legal Strategy
Weinstein’s attorney, Arthur Aidala, says the verdict may have been compromised. According to Aidala, a juror approached his legal team moments after the verdict, alleging they were intimidated by fellow jurors and effectively coerced into voting guilty on the Haley charge.
“These are not small claims,” Aidala said in remarks to The Hollywood Reporter. “At the very least, we are asking the court to hold a hearing and hear this juror out.”
ALSO READ : “She Never Made It Out…” Albany House Fire Claims Woman’s Life as Family Pleads for Help to Bring Her Home
The defense formally moved to vacate the conviction in October, backing the request with sworn affidavits from two jurors. The motion argues that internal jury pressure crossed a legal line — a rare and difficult standard to prove, but one that can be explosive if accepted by the court.
Prosecutors Push Back Hard
Prosecutors have strongly opposed the request. In a November filing, they argued that juror testimony about internal deliberations cannot legally be used to overturn a verdict unless it involves extremely narrow exceptions, such as racial bias or improper outside influence — neither of which, they say, applies here.

“Juror testimony cannot, as a matter of law, be used to impeach a guilty verdict,” prosecutors wrote, emphasizing that tension, disagreement, or heated debate inside the jury room does not constitute misconduct under New York law.
They also stressed that the trial judge, Curtis Farber, addressed concerns promptly and thoroughly whenever they arose during the proceedings.
Earlier Jury Tensions Revisited
During the trial, the jury foreperson approached Judge Farber on two occasions. One concern involved jurors allegedly referencing Weinstein’s past conduct that was not entered into evidence. Another juror later said he overheard discussions about a fellow juror in courthouse elevators and questioned whether the deliberations were fair.
Judge Farber questioned the jurors both in open court and privately in chambers before determining there was no misconduct serious enough to halt the trial. Notably, the juror now cited in Aidala’s motion was not among those previously questioned.
What Happens Next
A hearing on the motion to vacate had been scheduled for this week but was postponed until early January due to unrelated court matters. At that hearing, Judge Farber could dismiss the motion outright, order a limited hearing with the juror, or move forward with preparations for a new rape trial related to Jessica Mann.
Meanwhile, Weinstein has yet to be sentenced on the June conviction. Since April 2024, he has been held at Rikers Island, following the overturning of his 2020 New York conviction. He has also spent time at Bellevue Hospital during the proceedings, as his legal team continues to cite serious health concerns.
According to Aidala, Weinstein is now “on the verge” of entering his seventh year behind bars when accounting for time already served — a grim milestone for the once-powerful studio executive whose downfall helped ignite the global #MeToo movement.
Whether these new juror intimidation claims gain legal traction or quietly fade away, they underscore one reality: even years after his initial conviction, Harvey Weinstein’s courtroom saga is far from over.
World News
Harvey Weinstein’s Lawyers Drop New Bombshell Claim as Juror Pressure Allegations Surface… Could Conviction Be Overturned?
As Harvey Weinstein awaits sentencing in New York, his legal team points to alleged juror intimidation, asking the court for a rare hearing that could reshape the future of the high-profile case.
The legal battle surrounding disgraced Hollywood producer Harvey Weinstein has taken another dramatic turn. His defense team is now pushing hard to undo his latest New York conviction, citing claims that a juror was pressured and bullied into delivering a guilty verdict — a move that could potentially reopen one of the most closely watched trials in modern American legal history.
In June, a 12-member jury in Manhattan convicted Weinstein on one count of a criminal sexual act in the first degree involving former Project Runway assistant Miriam Haley. The jury, however, acquitted him on a separate charge involving former model Kaja Sokola, and failed to reach a verdict on a third count of rape connected to aspiring actress Jessica Mann, leading to a mistrial on that charge.
A Juror’s Claim Sparks New Legal Strategy
Weinstein’s attorney, Arthur Aidala, says the verdict may have been compromised. According to Aidala, a juror approached his legal team moments after the verdict, alleging they were intimidated by fellow jurors and effectively coerced into voting guilty on the Haley charge.
“These are not small claims,” Aidala said in remarks to The Hollywood Reporter. “At the very least, we are asking the court to hold a hearing and hear this juror out.”
ALSO READ : “She Never Made It Out…” Albany House Fire Claims Woman’s Life as Family Pleads for Help to Bring Her Home
The defense formally moved to vacate the conviction in October, backing the request with sworn affidavits from two jurors. The motion argues that internal jury pressure crossed a legal line — a rare and difficult standard to prove, but one that can be explosive if accepted by the court.
Prosecutors Push Back Hard
Prosecutors have strongly opposed the request. In a November filing, they argued that juror testimony about internal deliberations cannot legally be used to overturn a verdict unless it involves extremely narrow exceptions, such as racial bias or improper outside influence — neither of which, they say, applies here.

“Juror testimony cannot, as a matter of law, be used to impeach a guilty verdict,” prosecutors wrote, emphasizing that tension, disagreement, or heated debate inside the jury room does not constitute misconduct under New York law.
They also stressed that the trial judge, Curtis Farber, addressed concerns promptly and thoroughly whenever they arose during the proceedings.
Earlier Jury Tensions Revisited
During the trial, the jury foreperson approached Judge Farber on two occasions. One concern involved jurors allegedly referencing Weinstein’s past conduct that was not entered into evidence. Another juror later said he overheard discussions about a fellow juror in courthouse elevators and questioned whether the deliberations were fair.
Judge Farber questioned the jurors both in open court and privately in chambers before determining there was no misconduct serious enough to halt the trial. Notably, the juror now cited in Aidala’s motion was not among those previously questioned.
What Happens Next
A hearing on the motion to vacate had been scheduled for this week but was postponed until early January due to unrelated court matters. At that hearing, Judge Farber could dismiss the motion outright, order a limited hearing with the juror, or move forward with preparations for a new rape trial related to Jessica Mann.
Meanwhile, Weinstein has yet to be sentenced on the June conviction. Since April 2024, he has been held at Rikers Island, following the overturning of his 2020 New York conviction. He has also spent time at Bellevue Hospital during the proceedings, as his legal team continues to cite serious health concerns.
According to Aidala, Weinstein is now “on the verge” of entering his seventh year behind bars when accounting for time already served — a grim milestone for the once-powerful studio executive whose downfall helped ignite the global #MeToo movement.
Whether these new juror intimidation claims gain legal traction or quietly fade away, they underscore one reality: even years after his initial conviction, Harvey Weinstein’s courtroom saga is far from over.
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