MORE THAN 100,000 CHILDREN HAVE BEEN DISPLACED BY THE LATEST ESCALATION IN EASTERN DEMOCRATIC REPUBLIC OF CONGO, UNICEF SAID ON SUNDAY, WARNING THE NUMBERS ARE EXPECTED TO RISE AS VIOLENCE SPREADS.(PHOTO).

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 More than 100,000 children have been displaced by the latest escalation in eastern Democratic Republic of Congo, UNICEF said on Sunday, warning the numbers are expected to rise as violence spreads. Since Dec. 1, intense fighting has uprooted more than 500,000 people, with children accounting for over 100,000 of those displaced in South Kivu alone, the UN agency said in a statement released Sunday. It said since Dec. 2, hundreds have been killed in the fighting, and children have been among the victims, with four students killed, six injured, and at least seven schools attacked or damaged. The rapid escalation has forced hundreds of thousands of children and families to flee within Congo and into neighboring Burundi and Rwanda, it added. Many people fleeing the violence have crossed into Burundi, with over 50,000 new arrivals reported between Dec. 6 and 11, nearly half of them children, UNICEF said, adding that the numbers are expected to rise as more displaced are identified. “Chi...
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CHINA HAS INSTALLED A SMART GOLD ATM IN A SHANGHAI MALL THAT MELTS, EVALUATES, AND TRANSFERS THE VALUE OF GOLD DIRECTLY TO A USER’S BANK ACCOUNT,ALL WITHIN 30 MINUTES AND WITHOUT ANY PAPERWORK.(PHOTO)

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 In a groundbreaking move blending technology and finance, China has installed a smart gold ATM in a Shanghai mall that melts, evaluates, and transfers the value of gold directly to a user’s bank account—all within 30 minutes and without any paperwork. The machine, operated by China’s Kinghood Group, has become a sensation, drawing long queues of people eager to sell their old or generational gold.


The ATM is designed to accept gold items weighing over three grams with at least 50% purity. Once inserted, the machine melts the gold, assesses its quality and weight, and then credits the money directly to the user’s account. The system has gained massive popularity, and appointments are now fully booked until May, according to Chinatimes.com.


During a demonstration, a 40-gram gold necklace was valued at 785 yuan (around ₹9,200) per gram, resulting in a payout of over 36,000 yuan (about ₹4.2 lakh). This highlights the growing interest among the public in cashing out their gold holdings amid soaring gold prices.


Xu Weixin of the Shanghai Gold Association noted that the smart ATM mainly serves a recycling purpose. “With rising gold prices, people are more motivated to monetize their gold assets,” he said. He added that the surge in global gold demand—especially from central banks and institutional investors—is expected to keep prices climbing, making such innovative services even more relevant.

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