Nominations for the 78th annual L.A. Area Emmy Awards were announced, with PBS SoCal, KABC/ABC7, and KMEX leading the tally, particularly for their coverage of last year's devastating fires.

Thousands of protesters marched through central London to commemorate the 78th anniversary of the Nakba, an event marking the displacement of Palestinians in 1948.

Palestinians are commemorating the 78th anniversary of the Nakba, or 'catastrophe,' with rallies in Khan Yunis, reflecting on decades of displacement.

The Marshal of Lower Silesian Voivodeship announced plans to rebuild 220 km of railway lines in the next three years, adding to the 78 km already restored.

A shootout occurred during the rescue of a kidnapping victim in Parañaque City, resulting in injuries to four suspects and one police officer. The 78-year-old victim was successfully rescued.

Serbia's Commissariat for Refugees and Migration announced that thousands of citizens, including 89 children, lost their lives during the 78-day NATO bombing of the Federal Republic of Yugoslavia, with thousands more injured and infrastructure destroyed.

The 78-year-old has announced a return to the action hero role that made his name in 1982, promising ‘all kinds of madness’ Arnold Schwarzenegger is to return to the role that launched him as a movie…

Greek Foreign Minister Giorgos Gerapetritis attended the 78th anniversary celebration of the Dodecanese integration into Greece in Rhodes, conveying a message of security and pride to Greeks worldwide.

François Nebout, the 78-year-old mayor of Soyaux in Charente, France, is seeking a seventh consecutive term, drawing criticism over the accumulation of mandates and strong personalization of power.

Ghana marked the 78th anniversary of the 28th February Crossroads Shooting with a ceremony to honor three ex-servicemen whose deaths ignited the country’s struggle for independence.

In a landmark achievement, Chinese scientists have directly observed and manipulated prethermalisation – a critical transitional state in quantum systems – using the 78-qubit “Chuang-tzu 2.0” superconducting processor. This allows researchers to “tune” the speed of quantum decoherence, providing a vital tool for managing complex quantum environments. If a quantum system is disturbed, it naturally returns to a balanced state. The energy and information within it spreads out until they are evenly...

Maharashtra's state transport bus service, affectionately known as 'Laal Pari', marks 78 years of operation, evolving from a wooden bus with a 9-paise fare to serving 160 crore passengers.

Tunisia has reaffirmed its support for the Palestinian people on the 78th anniversary of the Nakba.

Actor Ted Danson, known for 'CSI,' spoke on his podcast about a recent health complication that made him confront his own mortality. The 78-year-old star did not disclose specific details about his health.

Ellen Holager Andenæs, the 78-year-old defense lawyer for Høiby, has revealed her discomfort after previously being accused in a criminal case, stating she has been blamed for the strangest things.

Mick Fleetwood, the 78-year-old drummer for Fleetwood Mac, has announced his fifth marriage by sharing honeymoon photos.

A circulating photo of former radio host Brian Richmond in a wheelchair sparked rumours about his health, but his son Mark says the 78-year-old is recovering from a fall and debunks dementia claims.

The United States, facing a decline in foreign tourism before the Middle East conflict, is relying on the 78 World Cup matches hosted in eleven cities to revitalize its tourism sector.

Greek Minister of National Defense Nikos Dendias posted on X to commemorate the 78th anniversary of the Dodecanese Islands' integration into Greece on March 7, 1948.

Lai received the harshest penalty handed down under the national security law that China imposed on Hong Kong after the 2019 pro-democracy protests. His legal team did not provide further details on the 78-year-old's decision.

Ghana's Vice President Professor Jane Naana Opoku-Agyemang is scheduled to be the special guest of honour at the commemoration of the 78th Anniversary of the 28th February Crossroads Shooting Incident.

China's Debt Model Creates Danger Of Stagnation Authored by Daniel Lacalle, The latest social financing figures from China show an economy that is increasingly relying on government debt while private demand for credit remains weak. The strength of the Chinese technology sector and its exporting companies gives enough room for leverage. However, behind the weak private sector credit demand lies an evident economic slowdown that the Chinese government acknowledges, challenging consumption patterns, a significant overcapacity problem, and the depth of the housing crisis. The current economic model, focused on delivering 5% real economic growth, requires larger doses of debt to achieve smaller increments of growth, especially productive sector growth. The government has focused on reducing debt and overcapacity imbalances while reorienting its exports and financial system to lessen dependence on the US dollar; however, the main challenge for the Chinese economy remains boosting consumer demand, despite rate cuts and easing financial conditions. To understand the intensity of debt of the Chinese model, we must go to the year 2000 and see the acceleration in the flow of debt, not just the current stock. At that time, real GDP growth was around 8–9%, so each percentage point of growth came with roughly 13–16 points of debt‑to‑GDP. Government debt was very low, at around 25% of GDP, and most leverage sat in the state-owned corporate sector with modest household debt. China was able to deliver near‑double‑digit growth with a total non‑financial debt ratio barely above 120% of GDP. By 2023, non‑financial sector debt had risen to about 285% of GDP, more than doubling its level of 2000. Chinese think‑tanks and official commentators put the “macro leverage ratio” closer to 300% of GDP by 2025, according to the Chinese Academy of Social Sciences. The macro leverage ratio rose by 11.8 percentage points to 302.3 percent in 2025, exceeding the 10.1-point increase reported in 2024. Over the same period, the trend of real GDP growth has slowed to roughly 4–5%, so each percentage point of growth now requires around 60–75 points of debt‑to‑GDP, more than three times the debt per point of growth required in 2000. Furthermore, it comes mostly from government debt. In January 2026, aggregate social financing jumped by 7.22 trillion yuan, significantly higher than in the same month of 2025 and above market expectations, consistent with 5% annual GDP growth and a larger composition of the public sector in the mix. Outstanding social financing reached 449.11 trillion yuan at the end of January, rising 8.2% year‑on‑year, while money supply (M2) rose by 9%.​ New yuan bank loans were 4.7 trillion yuan, about 420 billion less than a year earlier and significantly below consensus, showing the weak private‑sector credit demand and the prudent approach of Chinese customers and businesses to debt addition. RMB loans outstanding stood at 276.62 trillion yuan, up only 6.1% year‑on‑year, clearly below the pace of overall financing and money growth. The driver of credit growth in China is no longer households and private firms but the government and state-owned companies. The real estate problem has impacted Chinese families in numerous ways. Not only did most of them see the value of their homes decline, but many families invested in the attractive yields of real estate developers’ commercial paper, which led to large losses and even the wipe-out of savings for many. Additionally, despite the excess in supply of houses, prices have not fallen enough to warrant enough appetite for new mortgages, as affordability remains an issue and the traditional prudence of Chinese citizens when it comes to consuming and borrowing adds to the challenge. Beijing plans to issue 4.4 trillion yuan in local government special‑purpose bonds in 2025, 500 billion more than in 2024, looking to boost government investment and a “proactive fiscal policy,” knowing that raising taxes would be exceedingly negative for growth and consumption. Local governments are expected to issue more than 10 trillion yuan in bonds in 2025, including refinancing, general bonds, and new special bonds. The Chinese government knows that it can manage more debt but also sees the weak investment and household spending and acknowledges that large tax increases would be counterproductive.  However, to prevent future debt-driven stagnation, a focus on productivity is necessary. The official budget sets a deficit of 4% for 2025. However, once all budget items are consolidated, including government funds, special bonds, and off‑budget vehicles, this true fiscal deficit in 2025 is closer to 9%, up from 7.7% in 2024, according to Rhodium Group and JP Morgan. China increasingly relies on hidden or almost fiscal borrowing to support growth. With outstanding social financing now around 449 trillion yuan and real growth around 4–5%, each incremental point of GDP is increasingly linked with a much larger stock of debt than a decade ago. This rising credit intensity of growth may prevent a significant slowdown but may create a significant fiscal challenge in the future. The Chinese model demands high growth and low taxes; any change to the fiscal system will be negative. For years, local governments relied on the sale of land for property development to collect tax receipts. Thus, the drag from real estate is evident in the economy and in fiscal sustainability. Real estate development investment fell 13.9% year‑on‑year in the first three quarters of 2025, with residential investment down 12.9%, the steepest drop since 2021, according to official figures. Property investment and sales both posted double‑digit declines in 2024, and forecasters expect real estate investment to fall another 11% and sales to drop 7.5% in 2025, according to Reuters, with further declines in 2026 before stabilizing only in 2027… if it happens as fast as consensus estimates. The property sector, once a key engine for economic growth and tax receipts, absorbs new credit to stabilize its accounts without boosting growth or creating a multiplier effect. Additionally, China’s industrial capacity utilization remained at 74.9% at the end of 2025, well below the 78.4% peak reached in 2021. Overcapacity is clear in steel, autos, legacy chips, and parts of sectors like green tech, where expansion has surpassed domestic and external demand. Thus, the purchasing managers’ indices show weak new orders and foreign demand, while bankruptcies and insolvencies have risen, although not to levels that would indicate a financial crisis.​ The Chinese economy needs to reopen, improve investor and legal security and allow the housing slump to materialize fully to see the type of productive economic growth it needs to avoid much larger increases in debt. Otherwise, the risk of stagnation will likely be elevated as population growth stalls, overcapacity remains, and the stock of unsold property becomes a larger liability.   Tyler Durden Mon, 02/16/2026 - 22:25

German police reportedly used force, including pepper spray, against thousands of protesters gathered in Berlin to commemorate the 78th anniversary of the Nakba.

The 78th episode of the MEGA drama series 'Mia Nychta Mono' is set to air tonight, featuring Eva's renewed attempt to approach Odysseus and critical developments concerning Katerina in Switzerland.

With the 78th Emmy Awards approaching on NBC, speculation is growing over who will host the event, especially as the current four-network "wheel deal" for airing the awards is set to expire.

Brian May, the 78-year-old guitarist for Queen, has shared his secret to maintaining a youthful look and long life, attributing it to a consistent shower routine.

According to the latest report from the State Lottery of Serbia, the 780,000 euro jackpot for the Loto 5+ game was not drawn in the 24th round.

More than 12,000 people have donated to the GoFundMe to help the 78-year-old go back into retirement

Roy Wood Jr. used the words of former Rep. Marjorie Taylor Greene to inspire the crowd at the 78th annual Writers Guild Awards on Sunday night, much to their surprise.

The Dodecanese islands are celebrating the 78th anniversary of their incorporation into Greece on March 7, 1948, marking their return to the 'Motherland' after a long history.

The 78th annual Writers Guild Awards will take place on only one coast this year. The WGA West has canceled its ceremony in Los Angeles on March 8 amid the ongoing staff union strike, Deadline has…

The Delta State government is urging qualified indigenes to apply for the 78th Regular Course intake of the Nigerian Defence Academy (NDA) recruitment.

Lufthansa's new Allegris business class has faced certification issues on the Boeing 787. It appears to have fixed the problem. MICHAELA STACHE/AFP via Getty Images Lufthansa's Boeing 787 business class debacle is almost over after a yearslong certification delay. The airline has been flying some Dreamliners with only four of the 28 high-dollar seats sold. Lufthansa expects to boost the number of sellable 787 business-class seats to 25 by mid-April. Lufthansa can finally start making money on its Boeing 787 Dreamliners after a certification debacle left one of its most lucrative cabins largely empty for months. The German flag carrier said on Monday that it will begin selling tickets for its Allegris business class on the 787. Allegris, Lufthansa's signature cabin concept, spans economy, premium economy, business, and first class, but the business class rollout has been particularly tricky. The program first launched on the Airbus A350 in May 2024, with the cabin spanning the entire plane. The first Allegris-equipped 787 followed in October 2025, but certification of business class dragged on due to the cabin's complexity: there are five staggered seat configurations in a single airplane cabin — some with doors or more legroom, others with extra-long beds. The middle front-row suite can be combined into a double bed. The first-row window seats have extra workspace. Lufthansa This is because the Dreamliner's geometry — including a slightly tighter usable footprint and different fuselage contouring compared to the A350 — made it harder to demonstrate to regulators that passengers could evacuate quickly from every seat, whether staggered, partially enclosed, or fully cocooned, in an emergency. The result? For months, only four of the 28 business class seats could be sold — the front-row Business Class Suites — leaving the remaining 24 empty. Business class is a cash cow for airlines, and by flying most of the cabin empty as competitors pour investments into their own premium seats, Lufthansa was essentially leaving money on the table. It has been a particularly costly headache for a carrier in the midst of a multi-year turnaround plan to restore profitability after years of financial pressure from frequent maintenance, aircraft shortages, rising operating costs, and labor strikes. Lufthansa even opted for an already-certified business-class seat to retrofit onto its Airbus A380s rather than risk another prolonged and costly certification process. But the saga is nearing the finish line. Beginning April 15, Lufthansa plans to carry passengers in 25 business-class seats on its 787s, with three remaining blocked in the second row of the cabin. Bookings are open, though it's unclear whether the news indicates the seats have been fully certified or if that's just Lufthansa's expected timeline. Lufthansa said "Classic" seats — one of the Allegris categories available — are free to secure with the premium fare. The others require an extra fee: this includes the first-row suites, the "Privacy" seat next to the window, the "Extra Space" seat with more legroom, and the "Extra Long Bed" with an over seven-foot sleeping surface. The three second-row seats that are blocked — and not yet available for booking — are two privacy seats and an extra-legroom seat. Some Allegris seats can be fully enclosed with extra workspace; others can combine into a double bed. LUKAS BARTH/AFP via Getty Images Lufthansa flies eight Allegris-equipped Dreamliners and expects to have 29 by the end of 2027. They are set to first fly from Frankfurt to Rio de Janeiro, Bogota, Cape Town, Shanghai, Hyderabad, Hong Kong, and Austin; New York-JFK and Los Angeles join the roster in June, followed by Delhi in July. As part of Lufthansa's greater multibillion-dollar fleet overhaul plan, Allegris is also being fit onto the airline's existing A350s and Boeing 747-8s, as well as its future, yet-to-be-certified Boeing 777Xs. A similar spacing issue on the 747 double-deckers' upper level means it will have a split business class: the lower deck will have Allegris, while upstairs will feature the plane's original cabin. Read the original article on Business Insider