Hindenburg Research report says ex-Twitter CEO Jack Dorsey’s Block facilitates fraud | Oneindia News
Video Credit: Oneindia - Duration: 02:21s - Published
Hindenburg Research report says ex-Twitter CEO Jack Dorsey’s Block facilitates fraud | Oneindia News
Hindenburg shorts Jack Dorsey's payments firm Block; US Federal Reserve raises interest rates a quarter-point amid banking turmoil; Lebanon protests: 'Switzerland Of Middle East' engulfed by the worst economic crisis in decades; Prince William makes surprise trip to Poland border to thank British and Polish troops.
In this video, we bring you the latest updates from Finance Minister Nirmala Sitharaman's Union Budget speech on July 23, highlighting the significant developments for Bihar's historic temples. The Vishnupad Temple in Gaya and the Mahabodhi Temple in Bodh Gaya are set to undergo major transformations into world-class pilgrim and tourist destinations, modeled after the successful Kashi Vishwanath Temple Corridor.
#BudgetWithOneindia #UnionBudget2024 #BiharTemples #VishnupadTemple #MahabodhiTemple #NirmalaSitharaman #Modi3.0 #IndianHeritage #PilgrimageDestinations #CulturalHeritage #Gaya #BodhGaya #UNESCOWorldHeritage
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In an exclusive interview with One India, Dr. Satyapal Singh, Associate Professor at Deendayal Upadhyaya University, offers a penetrating analysis of the Union Budget 2024. Renowned for his expertise in economics, Dr. Singh delves into the budget's implications, shedding light on its impact on various sectors and the broader economy. His insightful commentary provides a fresh perspective on the fiscal policies and economic strategies outlined in the budget, making this interview a must-watch for anyone seeking a deeper understanding of the latest financial developments.
#BudgetWithOneindia #NirmalaSitharaman #StudentsBudget #EducationBudget #HigherEducation #InternshipBudget #StudentsReactBudget2024 #PMModi #PMModiHailsUnionBudget #PMModiHailsBudget2024 #UnionBudget2024 #NirmalaSitharaman #IndianEconomy #BudgetSpeech #PMModi #EconomicSurvey #FinanceMinister #ParliamentSession #HistoricBudget
Uttar Pradesh Chief Minister Yogi Adityanath has expressed strong support for Union Budget 2024, highlighting its potential to create lakhs of job opportunities for the youth and provide welcoming new tax slabs for the middle class. Adityanath describes the budget as a crucial step towards India’s goal of becoming a $5 trillion economy and praises it as a growth engine for the world. In his statement, he also extends gratitude to PM Modi and Finance Minister Nirmala Sitharaman for their efforts. Join us as we explore the implications of this budget and its impact on India's economic future.
#BudgetWithOneindia #UnionBudget2024 #NirmalaSitharaman #BahiKhaata #IndianEconomy #BudgetSpeech #PMModi #EconomicSurvey #FinanceMinister #ParliamentSession #HistoricBudget
Bangladesh is in turmoil as violent protests over job quotas escalate, leading to a nationwide curfew and army deployment. Over 4,500 Indian nationals, along with nearly 540 citizens from Nepal, Bhutan, and the Maldives, have been safely evacuated. The Indian High Commission in Dhaka is working tirelessly to ensure the safety of all Indian citizens. Meanwhile, West Bengal CM Mamata Banerjee has offered shelter to distressed Bangladeshis. In a significant development, the Bangladesh Supreme Court has overturned a high court order on job quotas, further fueling the unrest. Tune in for detailed updates and expert analysis.
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#BangladeshProtests #IndianEvacuation #JobQuotaProtests #WestBengal #MamataBanerjee #SupremeCourt #BreakingNews #GlobalNews #CurrentEvents
In a startling development, US intelligence agencies report that Russia might send advanced anti-ship missiles to Yemen’s Houthi rebels in retaliation for Washington's support for Ukraine. The White House is reportedly working behind the scenes to dissuade President Putin from this move. US Central Command chief Erik Kurilla has warned that US-led operations are failing to prevent Houthi attacks in the Red Sea, calling for stronger military action and increased diplomatic and economic pressure on the Houthis. This video explores the potential implications of Russia's renewed push to arm the Houthis and the escalating tensions in the Middle East.
#Russia #Houthis #USSupport #UkraineConflict #RedSeaChaos #CENTCOM #MiddleEastTensions #MissileTransfer #YemenWar #Geopolitics
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New US Home Construction , Sinks to Slowest Pace in 4 Years.
Government data released on June 20 indicates that new home construction in America dropped in May to the slowest pace since June 2020, Yahoo Finance reports. .
Housing starts dropped 5.5%,
and building permits dipped 3.8%.
Home completions also fell to the lowest amount since September 2022.
High interest rates, set by the Fed to help tame inflation, have resulted in high mortgage rates.
But recent data has suggested that inflation has started to cool, which may give the Fed the confidence it needs to lower rates.
The weakest U.S. housing starts
since the pandemic-led shutdowns
are fairly convincing evidence of
restrictive monetary policy. , Sal Guatieri, senior economist at BMO Capital Markets, via note.
While a growing population and
workforce are providing some support,
US home builders won’t become
busier until borrowing costs fall, Sal Guatieri, senior economist at BMO Capital Markets, via note.
Meanwhile, other data released on June 20 showed that first-time applications for unemployment benefits dropped last week.
However, continuing claims rose
for a seventh consecutive week
Credit: Wibbitz Top Stories Duration: 01:30Published
Mortgage Rates Continue , to Fall, Raising Hopes of the , Fed Cutting Rates.
ABC reports that borrowing costs for
home loans continued to ease this week,
with the average rate on a 30-year mortgage
falling to its lowest level since April.
According to mortgage buyer
Freddie Mac, the rate fell from
6.95% to 6.87% last week. .
That figure is still significantly higher than
what the rate was during the same time last year,
which was at an average of 6.67%. .
15-year fixed-rate mortgages
also eased, falling from
6.17% last week to 6.13%. .
During the same time last year,
the average rate was at 6.03%.
Those higher rates can add hundreds of dollars
to monthly costs for borrowers, which limits the
purchasing options of potential homebuyers.
Mortgage rates fell for
the third straight week
following signs of cooling
inflation and market
expectations of a
future Fed rate cut, Sam Khater, Freddie Mac’s chief economist, via ABC.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
ABC reports that rates are influenced by a number
of factors, including the Federal Reserve's interest
rate policy and the 10-year Treasury yield.
Due to yields also beginning to ease, the Federal
Reserve could start to drop its main interest rate
after hiking it up to the highest level in over 20 years.
Last week, Fed officials suggested that they would make
just one cut to their benchmark interest rate in 2024,
down from previous projections of three cuts for the year.
Credit: Wibbitz Top Stories Duration: 01:31Published
Surge of New Applications for , Unemployment Benefits , May Signal Cooling Job Market.
Last week, the number of people in the
United States filing for unemployment benefits
reached the highest level in ten months last week. .
ABC reports that the news comes as a potential
sign that the U.S. labor market may be slowing
under the burden of high interest rates. .
The week ending June 8 saw
applications for jobless benefits
rise by 13,000 to reach 242,000. .
According to Labor Department
data, that is up from 229,000 new
applications the week before.
The number also represents the highest
number of new applications since August
of 2023, while also being significantly higher
than the 225,000 new claims forecast.
ABC reports that weekly unemployment claims have
lingered at historically low levels since millions of
jobs disappeared with the COVID-19 pandemic.
ABC reports that weekly unemployment claims have
lingered at historically low levels since millions of
jobs disappeared with the COVID-19 pandemic.
Since March of 2022, the Federal Reserve has raised
benchmark rates 11 times in an attempt to reign in
inflation which has risen to a four-decade high.
While the latest data suggests that consumer
inflation cooled in May, the Federal Reserve
has decided to leave rates at a 23-year high.
According to Fed Chair Jerome Powell, officials
are waiting for more evidence that prices
are reaching their target of two percent.
ABC reports that a total of 1.82 million
Americans were collecting unemployment
benefits in the week ending June 1. .
ABC reports that a total of 1.82 million
Americans were collecting unemployment
benefits in the week ending June 1.
Credit: Wibbitz Top Stories Duration: 01:30Published
Fed Holds Steady , With Interest Rates at , 2-Decade High.
On June 12, the Federal Reserve chose to hold
interest rates at a two-decade high while it
waits to see more signs of inflation going down.
'The Guardian' reports that officials at the United States
central bank expect to make a single rate cut
in 2024, according to the latest projections.
In previous projections,
policymakers expected the Fed
to make three cuts in 2024. .
At the latest meeting, the Fed chose to
keep rates at the same place they've been
for nearly a year, between 5.25% and 5.5%.
Despite recent data suggesting that inflation
may be easing, the Fed clearly doesn't see it moving
at a pace that would lead it to start cutting rates.
In May, inflation cooled slightly across the U.S.,
according to the latest consumer price index, however
consumers remain frustrated over skyrocketing prices.
In May, inflation cooled slightly across the U.S.,
according to the latest consumer price index, however
consumers remain frustrated over skyrocketing prices.
'The Guardian' reports that price growth has
slowed significantly since surging over 9%
in 2022, its highest level in a generation.
'The Guardian' reports that price growth has
slowed significantly since surging over 9%
in 2022, its highest level in a generation.
May saw prices for air fare and fuel go
down, inflation for grocery prices remained
flat, and shelter costs continued to rise.
May saw prices for air fare and fuel go
down, inflation for grocery prices remained
flat, and shelter costs continued to rise.
Overall, prices remained unchanged on a month-to-month
basis as the Fed emphasized that it would wait for
inflation to hit its previously-stated target of 2%.
The committee does not expect
it will be appropriate to reduce
the target range until it has
gained greater confidence
that inflation is moving
sustainably toward 2%, Federal Reserve statement, via Fox News
Credit: Wibbitz Top Stories Duration: 01:31Published
European Central Bank , Cuts Interest Rates.
The action was confirmed on June 6 at
the central bank's meeting, CNBC reports. .
The European Central Bank's (ECB) key
rate will go from 4% down to 3.75%.
The ECB Governing Council issued a statement.
Based on an updated assessment of
the inflation outlook, the dynamics of
underlying inflation and the strength
of monetary policy transmission, , ECB Governing Council, via statement.
... it is now appropriate to
moderate the degree of monetary
policy restriction after nine months
of holding rates steady, ECB Governing Council, via statement.
This is the first time that interest rates
have been cut since September 2019. .
Updated macroeconomic projections indicate that 2024's "annual average headline inflation outlook" has been increased from 2.3% to 2.5%, CNBC reports.
For 2025, it was raised from 2% to 2.2%.
The projection for 2026 stayed at 1.9%.
The ECB's next meeting is in July, where another rate cut is unlikely, experts say.
The slight upgrade to the inflation forecast
was to be expected, inflation has been printing
a little bit hotter than markets were expecting,
but in terms of the timing of the next cut
I’d still be looking to September, Dean Turner, chief euro zone economist at
UBS Global Wealth Management, to CNBC.
Canada also cut interest rates on June 5, while Sweden and Switzerland cut rates earlier this year.
Canada also cut interest rates on June 5, while Sweden and Switzerland cut rates earlier this year.
Canada also cut interest rates on June 5, while Sweden and Switzerland cut rates earlier this year.
The U.S. Federal Reserve continues
to battle America's rate of inflation.
Credit: Wibbitz Top Stories Duration: 01:31Published
In a shocking escalation, the Israeli regime has deployed banned white phosphorus bombs on southern Lebanon, intensifying its military campaign against the Arab nation. This video explores the devastating impact of these munitions, which were used on the outskirts of Rashaya al-Fakhar and other areas, causing significant injury and damage. We delve into the international outcry over the use of these toxic weapons and their long-term consequences on Lebanon’s environment and infrastructure. Expert commentary, including insights from Dexter Filkins of The New Yorker, sheds light on Israel's strategy and the destructive effects of white phosphorus. We also cover Hezbollah’s vow to defend Lebanon against further Israeli aggression and its history of successful resistance. Watch for a comprehensive overview of the current conflict and its potential ramifications.
#WhitePhosphorus #IsraelLebanonConflict #Hezbollah #ToxicWeapons #MiddleEastConflict #LebanonUnderAttack #InternationalOutcry #DexterFilkins #MilitaryEscalation #WarCrimes #LebanonDefense #IsraelAggression
The Lebanese resistance movement Hezbollah has launched a series of heavy strikes on Israel’s strategic military positions amid intensified aggression in southern Lebanon and ongoing attacks in Gaza. Hezbollah's recent attacks include targeting an anti-drone radar system, striking military positions with drones, and attacking buildings used by Israeli forces. This escalation raises questions about the potential for broader conflict in the region. Stay informed with the latest updates on this developing situation.
#Hezbollah #Israel #MiddleEastConflict #Lebanon #Gaza #MilitaryStrikes #BreakingNews #WarTensions #MiddleEastNews #HezbollahVsIsrael
Hezbollah released a drone video allegedly showing Israel's Ramat David airbase, located 50km inside Israeli territory. The footage claims to reveal air defense facilities, planes, and fuel storage units. This is the third such video, demonstrating Hezbollah's surveillance capabilities. The release comes amid rising tensions between Hezbollah and Israel, linked to the ongoing Gaza conflict. The UN has warned that miscalculations along the Israel-Lebanon border could lead to wider regional conflict. Both sides have suffered casualties in cross-border exchanges.
#Hezbollah #HezbollahDrone #HezbollahIsrael #IsraelLebanonAttack #Gazawar #UN #RamatDavidAirbase #HezbollahAttack #Nasrallah #Oneindia #Oneindianews
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Hezbollah has conducted multiple operations against Israeli military outposts in response to a deadly Israeli airstrike on a region in southern Lebanon that killed a commander of the Lebanese resistance movement.
Hezbollah said in a statement that it had conducted “an aerial attack using a squadron of kamikaze drones on a command center in the Mount Neria base near Meron, in retaliation for the assassination carried out by the enemy in the town of Shaqra.”
#Hezbollah #Israel #MissileStrike #CommanderAssassination #Retaliation #MilitaryPosts #MiddleEastConflict #Warzone #BreakingNews #ConflictEscalation #InternationalRelations #GlobalSecurity #PoliticalTension #Geopolitics #NewsUpdate
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Fighters from the Lebanese Hezbollah resistance movement have launched for the first time dozens of rockets at an illegal Israeli settlement in the northern part of the 1948 occupied territories in retaliation for the Israeli military’s attacks against southern Lebanon. Israeli Channel 14 television channel reported that several rockets struck Tzuriel moshav in the Galilee region and impacted infrastructure and a building there. The Israeli regime's Magen David Adom (MDA) emergency service said two people sustained minor injuries in Tzuriel and were evacuated to the Galilee Medical Center in Nahariya.
#Hezbollah #HezbollahRocketsIsraeliSettlement #IsraeliSettlement #Galilee #RocketAttack #NorthernGalilee #TzurielMoshav #MiddleEastConflict #IsraelHezbollah #TensionsRise #ConflictUpdate #BreakingNews #MilitaryRetaliation #RegionalCrisis #SecurityAlert #IsraelDefense
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UK Prime Minister Sir Keir Starmer and his Polish counterpart Donald Tusk hold a bilateral meeting at the European Political Community summit at Blenheim Palace. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Polish President Andrzej Duda has warned of an imminent war between Russia and NATO if Kiev fails to secure victory in its conflict with Moscow. In an interview with the Wirtualna Polska news portal on Tuesday, Duda claimed that if Russia were allowed to defeat Ukraine, it would then attack NATO states – a prospect that has been mentioned by Western leaders several times and which Russia has repeatedly denied.
#Putin #NATO #PutinVsNATO #RussiaVsNATO #AndrzejDuda #Russia #WarWarnings #Geopolitics #EasternEurope #SecurityThreat #MilitaryReadiness #GlobalTensions #InternationalRelations #ConflictAlert #DiplomaticTensions #EuropeanSecurity #MilitaryEscalation
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A letter from Princess Diana - set to be sold at auction later this year - has shown how close Prince Harry and Prince William were as children. Sky News
Prince Harry is refusing to back down in his war against the British press ... and, now he's even citing it as a key reason he and Meghan Markle are estranged.. TMZ.com
From a bumper income on the way for the royal family, to the King's new solar panels and helicopters, and Prince William keeping his Duchy of Cornwall team on.. Sky News
Prince George is all grown up in his newest photo ... which was dropped perfectly timed with his 11th birthday. Prince William and Kate Middleton's oldest hit.. TMZ.com
Gareth Southgate has resigned as manager of the England men’s national football team after almost eight years at the helm. It comes just two days after England’s defeat to Spain in the final of Euro 2024. Despite that disappointment, Southgate has taken the Three Lions to two European Championship finals and a World Cup semi-final during his time in charge. Prince William, President of the Football Association (FA), tweeted his thanks to Southgate for his leadership. The FA says the process to appoint Southgate’s successor has begun, and they aim to have a new manager confirmed as soon as possible. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The Supreme Court on Thursday formed an expert committee to probe the Adani – Hindenburg case and has directed to submit its report in two months.
#SC #Adani #Hinderburg