ECB and Bank of England raise interest rates again against inflation

ECB and Bank of England raise interest rates again against inflation

London CNN — Europe’s two largest central banks raised interest rates sharply on Thursday, opting for a bigger increase than the US Federal Reserve as inflation in the region remains near historically high levels. The European Central Bank (ECB) and the Bank of England both raised interest rates by another half a percentage point. Benchmark … Read more

How do you lose a radioactive capsule? Australian researchers are wondering the same thing

How do you lose a radioactive capsule?  Australian researchers are wondering the same thing

Brisbane, Australia CNN — The discovery of a small lost radioactive capsule next to a remote highway in Western Australia raises many questions – not least how it escaped layers of radiation-resistant packaging loaded onto a moving truck. It’s one of many puzzling aspects of a case that researchers will investigate in the coming weeks … Read more

Shell reports profits of nearly $40 billion and announces $4 billion in buybacks

Shell reports profits of nearly  billion and announces  billion in buybacks

Hong Kong/London CNN — Shell made a record profits of nearly $40 billion by 2022, more than double what it brought in last year after oil and gas prices soared following the Russian invasion of Ukraine. Europe’s largest oil company by revenue reported an adjusted full-year profit of $39.9 billion on Thursday – more than … Read more

Israel targets Gaza with airstrikes after intercepting rocket attack

Israel targets Gaza with airstrikes after intercepting rocket attack

CNN — Israel carried out airstrikes in Gaza early Thursday after intercepting a rocket attack from the coastal enclave, the Israel Defense Forces (IDF) said. In a Twitter post, the IDF said Israeli fighter jets captured a chemical production site and a weapons factory owned by Hamas, the Palestinian militant group that controls Gaza. “The … Read more

The Brazilian navy says it will sink the ‘ghost’ aircraft carrier in the high seas

The Brazilian navy says it will sink the ‘ghost’ aircraft carrier in the high seas

Brazil Reuters — A decommissioned 1960s aircraft carrier that has been floating offshore for three months since Turkey refused entry to be scrapped there will be sunk in the Atlantic Ocean in waters under Brazil’s jurisdiction, Brazil’s navy said Wednesday. The 32,000-tonne Sao Paulo tanker had been towed to Europe by a tug, but failed … Read more

Biden Proposes Junk Fee Bill To Cut Hidden Fees For Credit Cards And Concert Tickets

Biden Proposes Junk Fee Bill To Cut Hidden Fees For Credit Cards And Concert Tickets

CNN — President Joe Biden announced new advancements on his administration’s “competitive agenda” on Wednesday, specifically targeting unwanted fees while calling on Congress to pass legislation targeting hidden fees across multiple industries. These costs could “pull hundreds of dollars a year out of the pockets of hard-working American families, especially people who are already struggling … Read more

Job openings unexpectedly jump to 11 million in December

Job openings unexpectedly jump to 11 million in December

Minneapolis CNN — Despite the looming recession and the cacophony of mass layoff announcements, American companies still need workers — 11.01 million of them. The number of available jobs rose unexpectedly in December, following a revised 10.44 million job openings in November and exceeding economists’ expectations of 10.25 million, according to Bureau of Labor Statistics … Read more

Russia is preparing for ‘maximum escalation’ in the war, Ukraine says

Russia is preparing for ‘maximum escalation’ in the war, Ukraine says

CNN — Russia is gearing up for a “maximum escalation” of the war in Ukraine, possibly as early as the next few weeks, a top Ukrainian national security official said. “These will be defining months in the war,” Oleksiy Danilov, secretary of Ukraine’s National Security and Defense Council, told Sky News in an interview broadcast … Read more

ChatGPT maker rolls out ‘imperfect’ AI detection tool to help educators spot potential cheating

ChatGPT maker rolls out ‘imperfect’ AI detection tool to help educators spot potential cheating

CNN — Two months after OpenAI unnerved some educators with the public release of ChatGPT, an AI chatbot that can help students and professionals generate shockingly compelling essays, the company is unveiling a new tool to help educators adapt. OpenAI announced this on Tuesday a new feature called an “AI Text Classification” that allows users … Read more

Hong Kong is criminalizing CBD as a ‘dangerous drug’ alongside heroin

Hong Kong is criminalizing CBD as a ‘dangerous drug’ alongside heroin

Hong-Kong CNN — Two years ago, cannabidiol was booming in Hong Kong. The compound, known as CBD, popped up in cafes, restaurants and shops, with companies eager to enter an exciting new market that was already well established in countries around the world. That came to an end on Wednesday, when CBD was criminalized in … Read more