News
Ecuador prison violence leaves nearly 70 dead
At least 68 prisoners were killed and more than two dozen injured in overnight violence at Ecuador’s Penitenciaria del Litoral prison
At least 68 prisoners were killed and more than two dozen injured in overnight violence at Ecuador’s Penitenciaria del Litoral prison, the government said on Saturday, in what officials characterize as fights among rival gangs. Bryan Wood reports.
Dozens of Ecuadorians gathered outside a prison on Saturday waiting for news of loved ones who may have been killed in an overnight riot.
Nearly 70 prisoners were killed and more than two dozen injured at Ecuador’s Penitenciaria del Litoral prison.
General Police commander, Tannya Varela, characterized the violence as fights among rival gangs.
“These events are due to a territory dispute by criminal gangs inside the prison. At the moment there are certain pavilions that are without leaders, because, this may be surprising to all citizens, but the leaders were released after having served 60% of their sentence.”
At the same prison earlier this year, located in the southern city of Guayaquil, over 100 inmates were killed in the country’s worst incident of prison violence in recent history.
The latest disturbance was set off by a power vacuum following a gang leader’s release
The provincial governor, Pablo Arosemena told the press on Saturday, “There was no leader of the gang at this cell block because a few days ago that prisoner was released. Other cell blocks with other groups wanted to control them, get inside and have a total massacre.”
Ecuador’s prison system has come under spotlight in recent years for overcrowding and poor sanitation and living conditions.
In September, the country’s president, Guillermo Lasso, declared a two month state of emergency in the prison system and most recently he called on the highest court to allow military to enter prisons, instead of providing only outside security.
The court responded in a statement that the prison crisis will require more than temporary emergency solutions.
Crypto
Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil
Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.
Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.
The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.
We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.
Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.
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News
Airbus hit by new A320 fuselage panel defect triggering share price drop
Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.
Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.
Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.
While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.
The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.
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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews
News
Bitcoin tanks as markets turn risk-off and tech stocks slide
Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.
Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.
Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.
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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews
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