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Monday, Oct 18, 2021
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The world's bankruptcy, in numbers
International Monetary Fund: Global public debt has reached 88 trillion dollars, equivalent to 98% of world GDP. Global debt (of governments, companies, organizations and individuals) is $ 281 trillion, equivalent to 355% of world GDP.
'Halloween Kills' performs beyond expectations, tops 'No Time To Die' at the US box office
The horror sequel drew a large crowd in North America for its opening weekend
Treasury official claims inflation part of ‘economy in transition,’ only way out is 100% global vaccination
The comments are the latest in confusing, conflicting messaging on inflation from the Biden administration
How The Richest CEO's Travel
If you think a CEO ride their bikes or cars to get to work every morning... You're wrong. Indeed, they go to work at night, in the morning, in the afternoon and they need to travel fast. Today we are going to see how billionaires travel ...
Bitcoin climbs to $60,000 on prospect of first exchange-traded fund
The world’s most popular cryptocurrency has soared to its highest level since May on Friday, propelled by traders’ optimism about a US approval of the first bitcoin futures exchange-traded fund (ETF).
As the tech giant admits targeting kids as young as four, it’s time for a grown-up discussion about Facebook and children
The ‘big’ revelation that Facebook has been researching how to attract young children to its platform would only be newsworthy if the social media giant weren’t doing so.
Bitcoin: BoE Deputy Gov wants to cancel democracy and protect the banks with regulations which infringe on people’s freedom, independence and benefits they get from their own money.
The Bitcoin concept of democratizing money is not going down well with the leeches and parasites who hoover the pockets of the working class in order to maintain their comfy lifestyles as civil servants and bank officers. The colonial Ba...
White House holds counter-ransomware event with 30 countries as payments spike
The White House held a virtual event this week to combat ransomware, as global economic losses mount. Russia and North Korea were conspicuously absent from the meeting.
"Not Afraid": Japanese Billionaire Yusaku Maezawa Ahead Of Launch To Space Station
Japanese billionaire Yusaku Maezawa, 45, is the founder of Japan's largest online fashion mall and the country's 30th richest man, according to Forbes.
South Korea targets Apple over new app store regulation
Apple Inc was on a collision course with South Korea on Friday over new requirements that it stop forcing app developers to use its payment systems, with a government official warning of a possible investigation into the iPhone maker's c...
Why a Mach 5 passenger plane is a crazy idea that might just work
Atlanta-based startup Hermeus hopes to develop a passenger airplane capable of reaching Mach 5, or 3,000 miles per hour, but is the prospect of building a hypersonic successor to Concorde merely a flight of fancy?
Cyprus strips 45 passports obtained by investors and their families under cash-for-citizenship scheme
The Cypriot government announced on Friday that it has decided to formally strip passports from 39 people who obtained citizenship under a disgraced investment scheme, as well as six of their dependents.
Bitcoin tops $60,000. Why is it reaching a record high?
The price of Bitcoin hit $60,000 for the first time in six months after the launch of a an exchange-traded fund (ETF) in the US.
City of London Sees Record £20 Billion of Investment in Tech Start-Ups as UK Takes on US and China
Britain now has more than 100 “unicorn” companies, which are worth £1 billion or more. Many of these are start-ups which are using new technology and apps.
Estonia’s New Anti-Money Laundering Chief Wants to Revoke All Crypto Licenses
The head of the Estonian Financial Intelligence Unit wants to start crypto regulation in the country anew.
Is France about to relax its rules on cryptocurrencies?
One young French politician is pushing to relax rules on taxing cryptos but others fear there are not enough investors to be worthwhile.
Your Android smartphone is spying on you, a new study claims
Did you think you can trust your Android smartphone with your data and personal information? This latest study will make you think twice.
Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison
The U.S. Department of Justice (DOJ) announced Tuesday that the owners of a cryptocurrency company have pleaded guilty to tax evasion.
How Adele became the biggest musician in the world
She’s back with a new single, a new album, a new love and a whole new look. Kate Wills takes a look at Adele’s internet-breaking return
UAE drafts new law on charity fundraising to combat money laundering
The UAE is developing a new law that will further regulate fundraising and donations for charity in the country to tackle money laundering.
Ex-Boeing 737 MAX chief technical pilot indicted for fraud
A former chief technical pilot for Boeing Co (BA.N) was charged with fraud on Thursday for deceiving federal regulators evaluating the company's 737 MAX jet, hindering the ability to protect airline passengers and leaving "pilots in the ...
Morgan Stanley upgrades China property to 'attractive' despite default fears
The U.S. investment bank said it believes that policy easing of the property sector looks likely to kick in, which will support Chinese real estate stocks.
Robert Durst sentenced to life in prison for 2000 murder of friend Susan Berman
New York real estate heir Robert Durst on Thursday was sentenced to life in prison for murdering a friend more than 20 years ago, in a slaying possibly tied to the killer's missing wife. The victim had been set to speak to police about a...
Microsoft shutting down LinkedIn in China
Microsoft is shutting down its social network, LinkedIn, in China, saying having to comply with the Chinese state has become increasingly challenging.
Key price measure rises at fastest rate on record
China's "factory gate" prices - a measure of what manufacturers charge wholesalers for products - grew at the fastest rate on record last month.
'No need to convince the haters you're worthy'
Michele Roberts, executive director of the National Basketball Players Association, shares her CEO Secrets.
'Talent is everywhere, but opportunity is not'
The 2022 Powerlist has been topped by Jacky Wright, Corporate Vice President and Chief Digital Officer for Microsoft US.
Boris Johnson’s holiday villa linked to offshore tax havens, documents suggest
Marbella villa was lent to prime minister by Zac Goldsmith
New Superman Comes Out As Bisexual, DC Comics Says
DC Comics has announced that the new Superman comes out as bisexual in a forthcoming issue of the series, which is set to be released in November.
DOJ Sees Crypto Seizures as a Priority in Anti-Ransomware Push
Crackdown could face hurdles if more hackers use privacy enhanced cryptocurrency
Biden Administration Embarking on ‘Aggressive’ Tack for Cryptocurrency, White House Official Says
‘There are clearly a whole range of risks,’ said Peter Harrell, a senior White House official, in reference to what he called the explosion of the virtual currencies
China to send female astronaut to unfinished space station
China will send three astronauts to an unfinished space station early on Saturday, including the first female crew member to visit the station, where they are due to stay for six months.
Banksy sets auction record with £18.5m sale of shredded painting
Love is in the Bin, remains of artist’s live destruction of Girl with Balloon, sells for many times its guide price
Crypto could cause 2008-level meltdown, Bank of England official warns
The Bank of England's deputy governor for financial stability, Jon Cunliffe, has warned that cryptocurrencies could spark a global financial crisis unless tough regulations are introduced. Cunliffe likened the rate of growth of the crypt...
Alitalia's last flight: Italy says goodbye to airline after 74 years
Alitalia will take its last flight on Thursday evening before passing the baton to Italy's new national airline - ITA - which begins operations on Friday.
Facebook promotes hate to make money, whistleblower claims
The social media giant knows hate speech is a problem. It also knows it's profitable, a former employee claimed on Sunday.
Investments in Hungary in good health despite pandemic
The investment rate in Hungary of 27 percent in the second quarter is the highest level for many years, a finance ministry official said on Wednesday, adding that investors in the country were undeterred by the pandemic-related crisis.
UK Shares New Post-Brexit Trade Plan For North Ireland With European Union
The legal proposal, dispatched on the eve of the European Union setting out its own plans, comes amid vehement opposition to the so-called Northern Ireland protocol from some in the British province.
EU offers cut in red tape in olive branch to UK over NI Brexit row
The proposals outlined by Commission Vice President Maroš Šefčovič aim to ease trade complications but will likely not meet UK demands to replace the Brexit protocol.
Donald Trump Nears $370 Million Deal To Sell Washington Hotel: Report
The Trump International Hotel in Washington DC was a social hub for leading Republicans during Donald Trump's presidency from 2017 till 2021.
Health worker jailed 15 years for harassing Saudi patient in Al Qassim hospital
A health worker in a hospital in Saudi Arabia’s central province of Al Qassim, 400km northwest of Riyadh, was jailed 15 years after he was found guilty of harassing a Saudi female patient, the Criminal Court in Buraidah, Al Qassim, ruled.
Alibaba Founder Jack Ma Reappears In Hong Kong After Months Out Of Public Glare: Report
The Chinese billionaire has been keeping a low profile since delivering a speech in October last year in Shanghai criticising China's financial regulators. That triggered a chain of events that resulted in the shelving of his Ant Group's...
Revealed: Facebook’s Secret Blacklist of “Dangerous Individuals and Organizations”
Experts say the public deserves to see the list, a clear embodiment of U.S. foreign policy priorities that could disproportionately censor marginalized groups.
Open Internet More At Risk Now Than Ever Before: Twitter
In its position paper on 'Protecting the Open Internet', Twitter said governments that seek to defend and expand online freedom cannot stand by while other countries seek to silence critics, censor journalists, and block access to inform...
Saudi Arabia calls on UN to monitor distribution of humanitarian aid
Saudi Arabia called on United Nations organizations to“find accurate, reliable, impartial and transparent mechanisms to monitor the implementation” of humanitarian aid and its distribution, the official Saudi Press Agency (SPA) said, Tre...
Vaccine Mix-And-Match Approach Bolsters Antibodies, Says Study
The US government-sponsored trial is the first major US study to compare the effects of using different vaccines as boosters from the initial shot or shots.
Indonesia's Bali Reopens To International Tourists, But With No Flights
Tourism-reliant Bali is scheduled to reopen on Thursday and though its Ngurah Rai international airport has carried out simulations preparing for tourists to return, it is not expecting much to happen soon.
Drones Drop Food, Water For Dogs Stranded Due To Volcano In Spain
In a statement, the Island Council of La Palma thanked the two local companies for feeding the dogs for the past five days.
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