THANKSGIVING ONLINE SHOPPING IN U.S. JUMPS TO RECORD $5.6B

Sat 25 October 2023: Americans spent $5.6 billion on online shopping on Thanksgiving Day, an increase from 5.5% last year. According to data from Adobe Analytics, consumers spent $5.6 billion on things like clothes, electronics, jewelry and toys while about $3.3 billion of the shopping happened over mobile devices, an all-time record for Thanksgiving. The […]

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UK GOVERNMENT INTENDS TO REVIEW TELEGRAPH TAKEOVER BY UAE-BACKED FUND

Thu 23 October 2023: The UK government has said it intends to review the proposed sale of the Telegraph Media Group to an Abu Dhabi-backed investment fund on public interest grounds. The fund, RedBird IMI, announced on Monday that it was set to take control of The Daily Telegraph and The Sunday Telegraph sister newspapers […]

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US SEIZES NEARLY $9 MILLION WORTH OF CRYPTOCURRENCY TETHER

Wed 22 October 2023: The US Justice Department announced Tuesday it seized nearly $9 million worth of Tether — a cryptocurrency pegged one-to-one with the US dollar. The seized funds were traced to cryptocurrency addresses allegedly associated with an organization that exploited more than 70 victims through romance scams and cryptocurrency confidence scams, which are […]

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RUSSIAN INVASION OF UKRAINE RESULTED IN THE DEATH OF MORE THAN 10,000 CIVILIANS, UN SAYS

Wed 22 October 2023: More than 10,000 civilians have been killed in Ukraine since Russia’s invasion last year, the United Nations says, with about half of the deaths in the past three months taking place far behind the front lines. The actual toll is expected to be “significantly higher” than the official tally since corroboration […]

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WALL STREET AWAITS $100 BN CRYPTO BOOM WITH BITCOIN ETFS: REPORT

Tue 21 October 2023: Anticipation is building on Wall Street as the arrival of Bitcoin exchange-traded funds (ETFs) looms, heralding what is deemed as crypto’s breakthrough on the institutional stage. According to Bloomberg, the expected green signal from the US Securities and Exchange Commission (SEC) for these ETFs is fuelling a fresh hype cycle, with […]

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MUSK’S X SUES MEDIA WATCHDOG OVER ALLEGATIONS OF PRO-NAZI POSTS

Tue 21 October 2023: Texas Attorney General Ken Paxton announced Monday he is opening an investigation into the left-wing watchdog group Media Matters for publishing a report that said the social media platform X was placing pro-Nazi content next to ads. The repercussions to X were felt immediately after major advertisers such as Apple, Disney, […]

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U.S. ANNOUNCES ADDITIONAL $100 MILLION IN SECURITY ASSISTANCE TO UKRAINE

Tue 21 October 2023: The U.S. on Monday announced $100 million in new security assistance to Ukraine as Secretary of Defense Lloyd Austin paid an unannounced visit to Kyiv. The package includes additional air defense capabilities, artillery ammunition, anti-tank weapons, and other equipment, including one High Mobility Artillery Rocket System (HIMARS), TOW anti-tank missiles, 155mm […]

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UK HOUSEHOLDS FORCED TO UNPLUG FRIDGES AND FREEZERS AMID RISING COSTS

Mon 20 October 2023: Around 2 million UK homes have been forced to turn off their fridge or freezer to save money as they continue to face “frightening” levels of hardship, according to poverty campainers, The Guardian reported. According to the Joseph Rowntree Foundation (JRF), nearly half of those households have had to unplug their […]

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ARGENTINA ELECTS FAR-RIGHT JAVIER MILEI ON PLATFORM OF RADICAL REFORM

Mon 20 October 2023: Argentina has elected libertarian outsider Javier Milei as its next president, taking a chance on the eccentric economist’s programme of radical economic reform after decades of stagnation. Milei’s win heralds a dramatic shake-up of the Latin American country’s economy and institutions amid public anger over high inflation and record poverty rates […]

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