Share to Twitter Share to Linkedin Topline North Korea reported 15 new Covid-19 deaths along with hundreds of thousands of new patients with “fevers,” as the country pledges to mobilize millions of health and other workers to fight its first officially acknowledged coronavirus outbreak. Key Facts According to the state-run Korean Central News Agency (KCNA), the country reported 296,180 new infections on Sunday, pushing the country’s official case count to 820,620. The staggering surge in new cases has come after North Korea reported its first-ever Covid-19 outbreak on Thursday. Since the start of the current outbreak, North Korea has reported 42 fatalities linked to the coronavirus. The speed of the outbreak has raised concerns of a humanitarian catastrophe in the country as most of its residents are believed to be unvaccinated and its public health system is reportedly in a poor state. To help tackle the outbreak, all … [Read more...] about Covid Rips Through North Korea As 15 More Deaths And Nearly 300,000 New Cases Reported
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Russia continues its military buildup at the Ukrainian border, NATO said , disputing Russia's claims that it's removing troops. The rally in U.S. stocks stopped, with major indexes slipping after yesterday's surges. Economists will be mining the minutes from the January FOMC meeting—due later today from the Fed—for clues as to how aggressive the central bank will act in its efforts to curb inflation. Key Takeaways Russia continues adding troops at the border, NATO said, disputing Russia's claims that it is removing troops. The rally in U.S. stocks halted, while oil climbed. Stock declines came despite stronger-than-expected January retail sales. Stocks surged yesterday, snapping a three-day losing streak, on indications tensions between Russia and Ukraine were easing. The Dow rose 1.2%, while the S&P 500 gained 1.6%, and the Nasdaq shot up 2.5%. Later today, the Federal Reserve will release minutes from its January policy meeting . Investors will look for … [Read more...] about NATO Disputes Russian Withdrawals, an Alarming Yield Curve, and More Moving Today’s Market
Share to Twitter Share to Linkedin Topline North Korean leader Kim Jong Un blamed his own government officials for failing to tackle the country’s surging Covid-19 outbreak and ordered his military to step in as the number of suspected cases surged past 1.2 million in just four days since the outbreak was first reported. Key Facts According to the state-run Korean Central News Agency (KCNA), the country reported 392,920 new people with “fever” and eight new deaths linked to Covid-19 on Monday. The state media is only reporting the number of cases with fever—one of many symptoms of Covid—as North Korea is believed to lack adequate supplies to carry out large-scale testing. Since the start of the current outbreak, North Korea has reported 50 deaths linked to the virus. At a Politburo meeting of the ruling party on Sunday, Kim blamed the “irresponsible work attitude” of his government and health officials for the country’s botched … [Read more...] about Kim Jong Un Slams ‘Irresponsible’ Government And Health Officials As North Korea’s Covid Outbreak Surges
The leader of one of Thailand’s southern rebel groups claimed yesterday that the group was behind a double bombing that killed a villager that day. Chalermchai Petchkart, the police chief of Sai Buri district in Pattani province, where the bombing happened, told Benar News that the bomb that exploded and killed the villager had been left in a paper bag. “His friend walked to the field as Navi parked his motorbike near a tree and found a paper bag. He picked it up, and the bomb exploded, killing him there”. The group, Patani United Liberation Organisation, is considered one of the oldest secessionist movements in the Deep South. The last time PULO committed an attack was reportedly in 2016. The attack yesterday came just weeks after another southern rebel group, Barisan Revolusi Nasional, agreed with the Thai government to a 40-day ceasefire. The ceasefire agreement came in light of the Islamic holy month of Ramadan, and Thailand’s Songkran holiday. Police bomb squad … [Read more...] about Southern Thailand ceasefire shattered with another fatal bombing
Stocks fell further this afternoon as the Fed's James Bullard said he'd like to see rates a full percentage point higher by July. Bullard backs at least a half-point hike on the way to a full point gain before July, the Federal Reserve Bank of St. Louis president told Bloomberg News in an interview today. Bullard votes on monetary policy. Key Takeaways Stocks fell further this afternoon as the Fed's James Bullard said he'd like to see rates a full percentage point higher by July. Stocks had been pulling back from the morning's steep declines as strong corporate earnings from Walt Disney and Mattel partially offset stronger-than-expected inflation data. The Consumer Price Index report released today revealed an annual inflation rate of 7.5%, higher than expected and the largest increase in 40 years. Bond yields rose to their highest since July 2019. Today's Market Movers Stocks had pulled back from the morning's steep declines, with some indexes moving … [Read more...] about Stocks’ Decline Steepens on Bullard’s Rate Hike Comments, Inflation Data
When the Federal Communications Commission voted to institute strong net neutrality rules in 2015, it was because millions of people from across the political spectrum spoke out. If there’s one thing everyone can agree on, it’s that cable and phone companies shouldn’t be able to screw us over more than they already do, or dictate which websites and apps we can use. advertisement advertisement When the Trump administration’s notorious FCC chairman Ajit Pai repealed those Obama-era protections in 2017, the move sparked some of the largest online protests in human history. Net neutrality supporters crowdfunded billboards, protested in the streets, and drove millions of phone calls, comments, and emails to regulators and lawmakers. To this day, the FCC’s repeal of net neutrality remains the government action that received the most filed opposition comments by individual people in history. Democrats seized on this outpouring of … [Read more...] about When will Democrats deliver on their promise to restore net neutrality?
Electric carmaker Tesla, Inc. ( TSLA ) may have indefinitely postponed production of its Cybertruck. The vehicle, whose prototype was unveiled in November 2019, was due for customer delivery in 2021. Last year, the company announced a delay in its production schedule to August 2022 due to the pandemic shutdown. But the Cybertruck's landing page on the Tesla website now no longer mentions the new date for start of production. The latest change in the vehicle's delivery status was first reported by auto website Edmunds. Tesla CEO Elon Musk had previously tweeted, in November, that he would provide an updated product roadmap in the company's next earnings call on Jan. 26. Key Takeaways Tesla stock fell by nearly 5% after news that its Cybertruck production date will be delayed yet again. The electric carmaker previously delayed production of the vehicle to 2022. Tesla competitors are racing ahead with their plans to release their versions of all-electric pickup trucks. … [Read more...] about Tesla (TSLA) Falls on Cybertruck Production Delays
Former Celtics player and human rights advocate Enes Kanter Freedom slammed the NBA on Thursday for the league’s choice to schedule games in the United Arab Emirates. In 2016, the NBA moved the All-Star games out of Charlottesville, North Carolina, over a bathroom bill it claimed was discriminatory toward the LGBTQ community. However, the NBA recently announced it will be holding preseason games in the United Arab Emirates, where homosexuality is punishable by death. Watch the latest video at foxnews.com “Is it really all about money?” Freedom said on “America Reports” with Fox News’ Gillian Turner. He then asked, if there was enough money on the table, would NBA commissioner Adam Silver schedule games in Russia or North Korea, too. “Where are your principles?” Freedom said. “People need to understand that this is hypocrisy. And this literally shows the NBA’s true colors.” I’m in disbelief! The @NBA is holding preseason games in the UAE … [Read more...] about Enes Kanter Freedom Slams NBA As ‘Hypocrites’ For Scheduling Games In UAE
Share to Twitter Share to Linkedin The average daily social media usage of Internet users worldwide amounts to 147 minutes per day in 2022, up from 145 minutes in the previous year. Americans currently spend about two hours and three minutes each day on social media. It is often said that time is money, but the question is how much do Americans actually value that time? According to a new survey conducted by Internet service provider (ISP) Frontier.com , 67.2 percent of respondents were paying less than $100 per month for their Internet service, yet, just over half (50.3 percent of respondents) valued it at more than $100 per month. In addition, the survey found that just 5.1 percent of respondents reported that they would be willing to pay for improved targeted ads, while 28.1 percent of respondents claimed they would pay over $50 monthly to remove their social media ads altogether. Improved data privacy (at 61.4 percent) was respondents' most … [Read more...] about What Is The Value Of Going Online And Using Social Media?