WORLD


IANS 30 December 2022
Called by various names such as 'Gasolina', 'The Black Pearl' and 'O Rei' (The King), the nickname that stuck like glue to Edson Arantes do Nascimento, who, as 'Pele', became the greatest footballer the world has ever known.   It is with that name he left the world as the most...

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IANS 29 December 2022
The Uzbekistan government has alleged that 18 children have died in the central Asian nation following the consumption of a cough syrup produced by an Indian pharmaceutical firm Marion Biotech.   "To date, 18 out of 21 children with acute respiratory disease have died as a result of...

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IANS 28 December 2022
Biometric data of US troops, known terrorists, and people who worked with American forces in Afghanistan and in the Middle East was sold via old US military equipment on eBay, the media reported.   The devices were purchased by a group of hackers, who found fingerprints, iris scans,...

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IANS 23 December 2022
Beleaguered crypto exchange FTX Co-founder Sam Bankman-Fried has been released on a $250 million bond in the US, "the largest-ever pretrial bond," amid his trial for committing fraud and other criminal charges.   A federal judge in the US District Court in Manhattan also barred the...

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IANS 19 December 2022
Censoring other social media companies on its platform, Elon Musk-owned Twitter on Sunday announced it will no longer allow users to promote their presence on Facebook, Instagram, Mastodon, Truth Social, Tribel, Nostr, and Post -- a move that has irked millions of users.   Twitter...

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IANS 15 December 2022
The US Federal Reserve on Wednesday raised interest rates by half a percentage point, which was less than the three-fourths on previous four occasions, in a sign that it feels these measures are working but the battle against the inflation is not over.   "We have more work to do," Fed...

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Annie Waldman, Aliyya Swaby  and   Anna Clark (ProPublica) 15 December 2022
This story was originally published by ProPublica.   In Amite County, Mississippi, where a third of adults struggle to read, evidence of America’s silent literacy crisis is everywhere.   It’s in a storefront on Main Street, in the fading mill town of Gloster, where 80-year-old...

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IANS 07 December 2022
Global investment advisory firm Morgan Stanley has cut about 2 per cent of its global workforce, or about 1,600 employees, amid the global economic meltdown, the media reported.   The layoffs, first reported by CNBC citing sources, came after Morgan Stanley CEO James Gordon recently...

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Moneylife Digital Team 03 December 2022
Pramod Mittal (PM), younger brother of global steel magnate Lakshmi N Mittal, suffered a major setback as a UK court overturned his agreement with creditors to pay 0.2% of his total debt of over US$2bn (billion). Pramod Mittal was declared bankrupt in June 2020 over a debt of about US$170mn...

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IANS 28 November 2022
As the FIFA World Cup is currently underway in Qatar, cyber-security researchers on Monday warned that threat actors are selling fake Hayya cards, which is essentially a permit document, to fans who are willing to pay any amount to get one.   To attend the FIFA World Cup, one needs to...

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IANS 22 November 2022
Amazon Alexa is reportedly on a pace to lose $10 billion this year as the voice assistant never managed to create an ongoing revenue stream.   Amazon is currently undergoing its largest-ever round of layoffs, with plans to eliminate 10,000 jobs across the company.   According...

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IANS 19 November 2022
Elizabeth Holmes, the founder of US-based blood-testing company Theranos, has been sentenced to 135 months, or over 11 years, in prison.   She faced sentencing after being found guilty of defrauding investors and endangering patients.   According to media reports, she will...

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Debbie Cenziper (ProPublica); Will Fitzgibbon  and   Delphine Reuter (ICIJ)  and   Eva Herscowitz  and   Emil 18 November 2022
This story was originally published by ProPublica.   After jetting into the capital of Ghana, the international arms broker who called himself “Excellence” greeted his buyers at the Golden Tulip hotel and proposed a secret sale: millions of dollars in missiles and grenades for use...

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IANS 17 November 2022
A combination of weak growth in advanced economies, persistent inflationary pressures, the Russia-Ukraine conflict, tight financial conditions, and a subdued growth outlook for China will create a difficult environment for emerging markets (EM) in 2023, said Moody's Investors...

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IANS 04 November 2022
The Bank of England has warned the UK risked being plunged into the longest recession in 100 years after it pushed up the cost of borrowing to 3% in the biggest single interest rate rise since 1989.   A 0.75 per cent increase, the latest in a series of eight interest rate rises since...

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Moneylife Digital Team 03 November 2022
Nobody would have ever imagined that Hindi music composer Bappi Lahiri’s superhit track 'Jimmy Jimmy Aaja Aaja' from the 1982 movie 'Disco Dancer' starring Mithun Chakraborty would one day be used by the people of China to protest against the government’s 'zero-COVID' policy. Frustrated and...

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Craig Silverman, Ruth Talbot, Jeff Kao  and   Anna Klühspies (ProPublica) 01 November 2022
This story was originally published by ProPublica.   Google is funneling revenue to some of the web’s most prolific purveyors of false information in Europe, Latin America and Africa, a ProPublica investigation has found.   The company has publicly committed to fighting...

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Kathleen McGrory  and   Neil Bed (ProPublica) 21 October 2022
This story was originally published by ProPublica.   Henry Saenz remembers when he first learned what even the tiniest bit of asbestos could do to his body. He was working at a chemical plant where employees used the mineral to make chlorine, and his coworkers warned him about what...

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IANS 20 October 2022
UK's beleaguered prime minister (PM) Liz Truss, facing opposition from within the party over her handling of the economy and exit of key ministers, resigned on Thursday.   Addressing reporters outside 10 Downing Street, Ms Truss, noting that she came into office at a time of "great...

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IANS 20 October 2022
The deaths of nearly 100 children in Indonesia have prompted the country to suspend sales of all syrup and liquid medication, the media reported.   It comes just weeks after a cough syrup in The Gambia was linked to the deaths of nearly 70 children, the BBC...

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