News
“Historic weather event” submerges New York City
At least 24 people have died and thousands have been displaced following intense flash flooding in the US states of New York, New Jersey and Pennsylvania
Basement apartments filled with water, subways were forced to close and roads became rivers in what is the aftermath of Hurricane Ida.
New York City Mayor Bill de Blasio described the scenes in his electorate as a “historic weather event”… following the National Weather Service issuing a flash flooding emergency warning for the first time ever.
Recovery efforts are continuing, with authorities working around the clock to restart the transportation systems that are used by millions of people daily.
The National Weather Service says the storm dumped around 7 centimetres of rain per hour between Philadelphia and New York City.
Meanwhile, thousands remain without power in Louisiana, with fears it could take weeks to restore power to residents in the state.
News
Wall Street wobbles as RBA and Tesla face tests
Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.
Global markets are unsettled by Wall Street’s downturn, inflation in Australia, and key U.S. tariff decisions.
Global markets are jittery amid a Wall Street sell-off, renewed inflation pressure in Australia, and high-stakes decisions on U.S. tariffs and Elon Musk’s Tesla pay deal.
Capital.com’s Kyle Rodda breaks down the risks and reactions shaping the week ahead.
#Markets #WallStreet #RBA #Tesla #ElonMusk #Inflation #Trade #Finance #Economy #CapitalCom
News
Bitcoin crash shakes global markets
Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.
Bitcoin’s drop below $100K triggers $45B in long-term selling, affecting global markets; insights from David Scutt on future trends.
Bitcoin’s slide below $100,000 has sent shockwaves through global markets, with $45 billion in long-term holdings sold and risk assets tumbling.
David Scutt from StoneX breaks down what’s driving the sell-off — and where markets go next.
#Bitcoin #CryptoCrash #Markets #RiskAssets #CryptoNews #FedPolicy
News
Putin and Xi tighten alliance amid Western pressure
Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.
Russia and China solidify ties with a new investment deal, increasing energy and tech cooperation amid U.S. sanctions.
Russia and China have deepened their strategic partnership, signing a new investment protection deal and expanding cooperation across energy and technology.
The move comes as U.S. sanctions on Moscow intensify.
#Russia #China #Putin #XiJinping #Trade #Sanctions #Geopolitics #Energy #Diplomacy #WorldNews
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