Business

Zelenskyy arrives in Brussels for EU summit
Business

Zelenskyy arrives in Brussels for EU summit

The visit marks the Ukrainian president’s third stop on a two-day tour through European capitals. Volodymyr Zelenskyy has arrived in Brussels for a day of meetings with EU leaders and lawmakers. The visit marks the Ukrainian president’s third stop on a two-day tour through European capitals. On Wednesday, he made a surprise visit to London, where he urged the U.K. to donate fighter jets, before moving to Paris for dinner with French President Emmanuel Macron and German Chancellor Olaf Scholz. In Brussels, Zelenskyy is expected to huddle with EU leaders, who are gathered for a European Council summit, as well as address the European Parliament — creating a theatrical moment meant to illustrate EU unity with Ukraine as it prepares for an anticipated Russian offensive. “It will be a str...
New York ranks as world’s most expensive city for the first time
United States of America, Business

New York ranks as world’s most expensive city for the first time

Data released today by EIU reveal the soaring cost of living in the world’s biggest cities as the war in Ukraine and continuing pandemic restrictions disrupt supply chains, particularly for energy and food. On average, prices across the 172 cities covered by the EIU’s Worldwide Cost of Living (WCOL) index rose by 8.1% in local-currency terms, the highest rate in the 20 years for which we have digital cost-of-living data. This year’s survey was conducted between August 16th and September 16th 2022. The WCOL index also shows the impact of the strong US dollar on our city rankings as interest rates rise and investors opt for safety. New York topped the rankings for the first time, tying with Singapore. Together the two bumped last year’s leader, Tel Aviv, down into third place. Damascus (S...
Hurricane Ridge fire grows to 500 acres, officials say
Business

Hurricane Ridge fire grows to 500 acres, officials say

HAYWOOD COUNTY, S.C. (FOX Carolina) - US Forest Service and North Carolina Forest Service said the Hurricane Ridge fire is 25 percent contained and has grown to 500 acres in the Harmon Den area of Haywood County. Officials said the fire growth was fueled by dry conditions and low humidity, but rainfall is expected to moderate conditions overnight and Wednesday. On Tuesday, Nov. 29, firefighters conducted burn out operations to remove remaining fuel between the active fire and the fireline, officials said. Officials said the Hurricane Ridge fire started on Nov. 23 near Cold Springs Road east of I-40 is now burning in the remote Hurricane Creek Drainage. Due to the steep terrain and limited access, fire managers identified a containment plan using primarily area roads, including Cold Sp...
World Cup 2022: Draw in a great show between Spain and Germany (1-1)
Business

World Cup 2022: Draw in a great show between Spain and Germany (1-1)

Spain and Germany provided what was probably the best game of this World Cup so far. The Spaniards entered the game confidently, after thrashing Costa Rica in the first game in this competition (7-0), while the Germans had to appeal to their recognized coolness to overcome the pressure created after the surprising defeat by Japan in the first game. It's just that a new defeat put the Germans in difficulty. What is certain is that the ball started to roll and soon it was realized that the two teams were there to win. A lot of dedication, a lot of struggle, and a lot of respect too, and the result was a great football game, which, however, only saw goals in the second half. However, they could well have arrived in the first half. For Spain, Dani Olmo was close to scoring (7'), but Neuer s...
Twitter lost 50% of major advertisers after Elon Musk purchase
Business

Twitter lost 50% of major advertisers after Elon Musk purchase

Twitter lost at least half of its major advertisers in the weeks after billionaire Elon Musk became its chief executive, representing a loss of nearly $750 million, a report has said. “In recent weeks, 50 of the top 100 advertisers have either announced or seemingly stopped advertising on Twitter,” the report by non-profit watchdog Media Matters found. “These advertisers have accounted for nearly $2 billion in spending on the platform since 2020, and over $750 million in advertising in 2022 alone.” Media Matters also reported seven advertisers have been “slowing the rate of their advertising to almost nothing”, creating a potential loss of more than $11 billion. The advertising situation at Twitter has been particularly dire since Mr Musk took over the company in late October. M...
Türkiye neutralises 184 PKK/YPG terrorists: Defence ministry
Business

Türkiye neutralises 184 PKK/YPG terrorists: Defence ministry

Turkish forces have also destroyed dozens of PKK/YPG positions including shelters, bunkers, caves, tunnels and warehouses as part of Operation Claw-Sword in northern Iraq and Syria, the defence minister said. Türkiye has carried out its "largest, most comprehensive and effective" air operation in Iraq and Syria against the PKK/YPG terrorist organisation, the country's defence minister said.  Operation Claw-Sword destroyed "the dens of terrorists" and "dealt a great blow to the traitors who targeted the security of our country and nation," Hulusi Akar added on Tuesday during his address in parliament in capital Ankara. A day earlier, he said that Türkiye had neutralised some 184 PKK/YPG members as part of its cross-border anti-terrorism efforts. Operation Claw-Sword continues Early o...
Indonesia quake kills over 160, search for survivors continues
Business

Indonesia quake kills over 160, search for survivors continues

CIANJUR, Indonesia, Nov 21 (Reuters) - A powerful earthquake killed more than 160 people in Indonesia's West Java province on Monday, with rescuers searching for survivors trapped under the rubble amid a series of aftershocks. The epicentre of the 5.6 magnitude quake was near the town of Cianjur in mountainous West Java, about 75 km (45 miles) southeast of the capital, Jakarta. The region is home to over 2.5 million people. West Java governor Ridwan Kamil said on Instagram that 162 people had been killed and 326 were injured. Indonesia straddles the so-called "Pacific Ring of Fire", a highly seismically active zone, where different plates on the Earth's crust meet and create a large number of earthquakes and volcanoes. The BNPB said more than 2,200 houses had been damaged and m...
Russian missiles cross into NATO member Poland, kill 2: senior US intelligence official
Business

Russian missiles cross into NATO member Poland, kill 2: senior US intelligence official

Two killed in Poland after Russian missile strike crossing into NATO territory Russian missiles flew over NATO territory and killed two people in Poland Tuesday, a senior U.S. intelligence official told The Associated Press.  The Polish government has not immediately confirmed the report, but one spokesman Piotr Mueller told the publication that top leaders were holding an emergency meeting over the "crisis situation." Two people were reportedly killed after a projectile struck and area where grain was drying in the village of Przewodów near the Ukrainian border. Fox News could not immediately reach NATO or the Polish defense ministry for confirmation on the strikes. The Pentagon told reporters that it was taking the reports "seriously and looking into them. "Right now we are aware...
Liquid Global Halts Withdrawals as FTX Contagion Continues
Business

Liquid Global Halts Withdrawals as FTX Contagion Continues

Cryptocurrency exchange Liquid Global today said it is halting all withdrawals—both fiat and crypto—from the platform. “Fiat and crypto withdrawals have been suspended on Liquid Global in compliance with the requirements of voluntary Chapter 11 proceedings in the United States,” the exchange stated on Twitter. Liquid said it would provide further updates “when available,” advising customers not to make any deposits on the platform. https://twitter.com/Liquid_Global/status/1592458596750856192 Liquid Group and all of its operating subsidiaries, including the Japan-based Quoine Corporation and Quoine Pte. in Singapore, were acquired by FTX Trading Ltd in an undisclosed deal earlier this year. Quoine's Liquid Exchange was one of the first crypto exchanges to be fully licensed by the Jap...
Sweden will probably Refuse to Accept Bulgaria in Schengen
Bulgaria, Business, Croatia, European Union, Romania, Sweden

Sweden will probably Refuse to Accept Bulgaria in Schengen

The proposal of the Swedish government to accept Bulgaria, Romania and Croatia in the so-called Schengen agreement is likely to be rejected by the parliament in Stockholm. The reason is that the Social Democrats and the Sweden Democrats do not agree on the state of the fight against corruption and organized crime in these countries. This means that the Netherlands will not be the only EU and Schengen country not to agree to the expected early December vote on the issue. The three countries have the support of the European Parliament and positive signals from the European Commission. But national governments can stop the process. The publication "Dagens Nyheter" and the Swedish public television SVT reported this development, citing deputies in the parliament in Stockholm. Ardalan Shek...