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Tuesday, October 1, 2024
TopicBloomberg wire

Topic: Bloomberg wire

Over 2,000 people arrested during anti-Putin protests across Russia

Supporters of jailed opposition leader Alexey Navalny are hoping to repeat scenes from 23 January, when tens of thousands of supporters were on the streets despite police bans.

Oversupply of Covid shot in Russia but skepticism dogs Sputnik V vaccine drive

Not many are taking the Sputnik V vaccine with the low numbers being blamed on Russians’ distrust of officialdom dating back to the Soviet era and doubts over the vaccine.

Who will surrender first, how will politicians react — next in the GameStop showdown

What has been colourfully and accurately labelled as the 'uprising of the little guys' reflects the confluence of information platforms, data, and easy-to-use products and trading apps.

Turkish President Erdogan removes two deputy finance ministers, appoints advisor

In November, central bank Governor Murat Uysal was fired by Turkish President Recep Tayyip Erdogan, and the leader’s son-in-law Berat Albayrak resigned from his duties as finance minister.

Tata, Taiwan’s Pegatron to invest in Tamil Nadu to make mobile phones and parts

Tata Electronics will invest Rs 57.63 billion rupees and Pegatron will invest Rs 11 billion, the Tamil Nadu government said in a statement Friday.

Bolsonaro’s presidency lives on despite Brazil’s inept Covid strategy, calls for impeachment

Even as he bleeds support, Brazil President Jair Bolsonaro’s 31% approval rating can save him from impeachment and slip him into an electoral runoff in 2022.

Bitcoin surges above $38,000 after Elon Musk’s Twitter bio update

Tesla founder's page on Twitter simply said #bitcoin with no further explanation, but speculation that he might be a Bitcoin investor was enough to set off a dramatic rally.

Hong Kong’s economy contracts by record 6.1% in 2020

Hong Kong hasn’t posted back-to-back annual contractions in data going back to at least 1962. The biggest contraction in GDP over that period was a 5.9% decline in 1998.

Twitter, Facebook had even more deceptive news in 2020, study says

Researchers found that efforts to boost accurate content during the weeks leading up to the 2020 election were helpful but didn’t stop the broader trend.

Israel agrees to let US deploy Iron Dome missile in Persian Gulf, says local report

Rafael Advanced Defense Systems Ltd., the Israeli company that made the missile, will open a production line in the US with a Massachusetts-based defense contractor, said a Haaretz report.

On Camera

The new ‘Hindu rate of growth’ is here. It’s called 7% and it’s just not enough

The current ‘Hindu rate of growth’ is far faster than the original one, but it is still wholly inadequate to cater to the needs of the population.

After a brief surge, private investment & hiring has again turned cautious. Focus is on cutting debt

Financial year 2022-23 saw private investments & hiring surge, but since then firms are using cash to reduce debt. General elections didn’t help matters, either.

Indian envoy in Oman dons Army combat print for photo ops, sparks controversy

Ambassador Amit Narang wore combat uniform at closing ceremony of India-Oman joint military exercise. Only serving personnel can wear service uniforms, say veterans.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?