World’s Billionaires Lose $200 Billion In A Day:
Hundreds of billionaires' fortunes sank along with global markets on Monday. Here's a look at the biggest losers ...
forbes.com/sites/forbeswealthteam/2024/08/05/worlds-billionaires-lose-200-billion-in-a-day/
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| Last Updated | Aug 06 |
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I learned the language of computer programming in my 50s – here’s what I discovered
theguardian.com/technology/article/2024/aug/31/learning-computer-programming-language-coding-devil-stack-andrew-smith
Billionaire Daughters Pegula, Navarro Advance To U.S. Open Quarterfinals: The tournament’s remaining competitors will feature the daughters of an oil magnate and ...
forbes.com/sites/tylerroush/2024/09/02/billionaire-daughters-pegula-navarro-advance-to-us-open-quarterfinals/
World Championship of Trading: World Championship of Trading. Compete for a chance to win up to $30,000 USD.
tradezeroedge.com/world-championship-of-trading
Radical? Far left? Kamala Harris’s policies are just common sense to most Americans
theguardian.com/commentisfree/article/2024/aug/29/radical-far-left-kamala-harriss-policies-are-just-common-sense-to-most-americans
Dubai: The New Playground For The World’s Superyachts: Its 22 marinas and top-notch maritime services support a thriving yachting ecosystem.
forbes.com/sites/dubai-tourism/2024/09/03/dubai-the-new-playground-for-the-worlds-superyachts/
‘What we know would freak everyone out’: meet the detectives hunting down the paranormal
theguardian.com/lifeandstyle/article/2024/sep/01/what-we-know-would-freak-everyone-out-meet-the-detectives-hunting-down-the-paranormal
The world that tech startups delivered to us is not what we were promised: Benjamin Shestakofsky
forbesindia.com/article/leadership/the-world-that-tech-startups-delivered-to-us-is-not-what-we-were-promised-benjamin-shestakofsky/94071/1
From TikTok controversy to folding phones, your burning tech questions answered: For my final email, I open the TechScape mailbag for throwbacks ...
theguardian.com/technology/article/2024/sep/03/techscape-tech-questions-answered
The World’s Call Center Capital Is Gripped by AI Fever — and Fear: The experiences of staff in the Philippines’ outsourcing industry are a preview of the ...
trib.al/8wzxJIR
Beyoncé Launches Whiskey Brand SirDavis—As She Nears Billionaire Status: Other alcohol brands like Casamigos tequila, Aviation Gin and Ciroc have made hundreds ...
forbes.com/sites/maryroeloffs/2024/08/20/beyonc-launches-whiskey-brand-sirdavis-as-she-nears-billionaire-status/
The World’s Coffee Mostly Comes From Two Countries. That’s a Problem: Coffee from Peru, Thailand and other smaller producers used to be a luxury for dedicated ...
trib.al/x0HGMzl
The latest hiccup in Trump’s crypto launch: Deleted posts and a hacking claim: The X accounts of two family members of Republican presidential nominee Donald ...
nbcnews.com/tech/crypto/latest-hiccup-trumps-crypto-launch-deleted-posts-hacking-claim-rcna169472
WHO Seeks $135 Million as It Launches Global Mpox Response Plan: The World Health Organization has launched a preparedness and response plan aimed at ...
bloomberg.com/news/articles/2024-08-26/who-seeks-135-million-as-it-launches-global-mpox-response-plan
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Quick Glance: Nigeria Receives Africa's First Mpox Vaccines
- Nigeria has received 10,000 doses of a mpox vaccine, becoming the first African country to do so amid the ongoing outbreak.
- The vaccines, donated by the US, come as Nigeria reports 40 confirmed cases of mpox, with estimates suggesting the real number could exceed 700.
- The Africa CDC estimates a need for 10 million doses across the continent, with DR Congo facing the most significant challenges from the virus.
- Critics have highlighted the slow vaccine distribution, citing the WHO's overly cautious regulatory processes that must be reevaluated in emergencies.
In a broken world, I need my fix of watch repairs: Amid global political and technological chaos, there’s something strangely comforting about seeing skilled ...
theguardian.com/commentisfree/article/2024/aug/25/in-a-broken-world-i-need-my-fix-of-watch-repairs
‘I love these chimps more than my kids’: inside the wild world of ‘monkey moms’: The maker of Tiger King has returned with an even more shocking docuseries ...
theguardian.com/tv-and-radio/article/2024/aug/20/hbo-chimp-crazy-documentary
Emergent to donate 50,000 vaccine doses to address mpox outbreak in Africa: The World Health Organization last week declared mpox a global public health ...
timeslive.co.za/news/africa/2024-08-20-emergent-to-donate-50000-vaccine-doses-to-address-mpox-outbreak-in-africa/
Quick Glance: Thailand Reports First Mpox Case in Asia
- Thailand has confirmed its first case of a new, more dangerous strain of Mpox, marking the second confirmed case outside Africa. The patient, who traveled from an unnamed African country, was found to carry the clade 1b strain, as reported by the Thai Department of Disease Control.
- Travelers arriving from 42 'risk countries' are required to register and undergo testing upon arrival in Thailand. If any symptoms resembling chickenpox are observed, further testing is mandated. The head of the Thai Department of Disease Control noted that Mpox is less likely to spread rapidly compared to Covid due to the close contact necessary for transmission.
- Mpox, previously known as monkeypox, is a highly infectious disease primarily found in West and Central Africa. The new clade 1b strain has raised global concerns due to its increased infectivity and lethality. A case of this variant was confirmed in Sweden last week, indicating a potential spread beyond the African continent.
- The World Health Organization (WHO) has declared a global health emergency in response to the new strain. According to the WHO, the spread of this deadlier variant can be managed and should not be compared to Covid. Over the past week, around 1,400 Mpox infections have been reported in Africa, raising the total to nearly 19,000 cases this year.
Larry Silverstein revisits the fight to rebuild the World Trade Center: New York developer Larry Silverstein has written a book that that details the ...
businessinsider.com/larry-silverstein-developer-book-9-11-world-trade-center-2024-8
The 20 Best Places For Solo Travel, Ranked In A New Report: Solo travel is having a moment, with 50% of Americans planning to take a solo trip within the next ...
forbes.com/sites/laurabegleybloom/2024/08/29/the-worlds-10-best-places-for-solo-travel-ranked-in-a-new-report/
The 1 Thing Americans Do With Coffee That Shocks People Around The World: Here's another reminder to slow down.
huffpost.com/entry/coffee-to-go-around-the-world_l_66ab842ae4b050952a6fcd7b
The World's First Trifoldable Phone May Be Coming From Huawei Next Week: A commercially available trifolding phone might arrive just hours after the iPhone 16 ...
cnet.com/tech/mobile/the-worlds-first-trifoldable-phone-may-be-coming-next-week/
How Tyrants Fall by Marcel Dirsus review – road to revolution: A ‘blueprint’ for bringing dictators down that could equally function as a Machiavellian manual ...
theguardian.com/books/article/2024/aug/21/how-tyrants-fall-marcel-dirsus-review-plotting-coup
One Mile at a Time Aug 24
The World’s Only All-Club Ritz-Carlton Hotel: The 62-room Ritz-Carlton Jakarta Pacific Place is the world's only all-club Ritz-Carlton property ...
onemileatatime.com/insights/all-club-ritz-carlton/
‘Never summon a power you can’t control’: Yuval Noah Harari on how AI could threaten democracy and divide the world
theguardian.com/technology/article/2024/aug/24/yuval-noah-harari-ai-book-extract-nexus
Quick Glance: The Threats of AI to Democracy and Society
- Yuval Noah Harari warns of the dangers posed by AI as it could take control of crucial decision-making processes.
- The inability to comprehend the complexity and unpredictability of AI threatens the functioning of democracy.
- The development of AI may lead to a global division where digital empires compete for power and data.
- Harari calls for close cooperation to regulate the risks of AI and preserve humanity's freedom.
Out of Eden Walk: Witnessing the 2021 Myanmar coup - The World from PRX: National Geographic Explorer Paul Salopek tells Host Carolyn Beeler about his Out of ...
theworld.org/stories/2024/08/23/out-of-eden-walk-witnessing-the-2021-myanmar-coup
10 Most Unique Tribes Of The World: 10 Most Unique Tribes Of The World
india.com/webstories/news/world/10-most-unique-tribes-of-the-world-7180593/
Exclusive: World Bank President in Tuvalu says youth skills key to climate change plan
reuters.com/business/environment/world-bank-president-tuvalu-says-youth-skills-key-climate-change-plan-2024-09-06/
Africa: From Donation to Cooperation - Redefining Ties With Africa: Due to its significant potential for growth on both sides, the continent has gained increased ...
allafrica.com/stories/202409050267.html
World Bank wants bigger solution to move faster on Pacific Islands health crisis: The Pacific Islands, with the highest death rates globally from ...
reuters.com/world/asia-pacific/world-bank-wants-bigger-solution-move-faster-pacific-islands-health-crisis-2024-09-05/
The Company Behind Most Of The World's Fortune Cookies (Over 4 Million A Day): Although fortune cookies are nearly synonymous with Chinese restaurants ...
chowhound.com/1655733/company-produces-most-fortune-cookies/
Out of Eden Walk: Walking through western China - The World from PRX: In China's southern province of Yunnan, a community known as the Bai expresses itself ...
theworld.org/stories/2024/09/06/out-of-eden-walk-walking-through-western-china
One Mile at a Time Sep 02
The Best Credit Cards For Large Purchases: Making a large purchase by credit card, and not sure which card to use? Here are some things to consider to maximize ...
onemileatatime.com/guides/best-credit-cards-large-purchases/
World Bank raises India's FY25 growth forecast to 7%: World Bank raised India's growth forecast for the current fiscal year to 7% from 6.6% earlier ...
reuters.com/world/india/world-bank-raises-indias-fy25-growth-forecast-7-2024-09-03/
Will Batman Appear in Max's 'The Penguin' Series?: The Penguin showrunner reveals whether fans can expect an appearance from Batman in the ...
collider.com/the-penguin-series-no-batman-cameo/
Africa: World Leaders Who Opted to Skip the United Nations: When the high-level segment of the UN General Assembly took place last September ...
allafrica.com/stories/202409040174.html
World in 10: UK's Israel weapons suspension "very uncomfortable for Biden and Harris"
podfollow.com/1603820936/episode/2cee8675cd5551a24e7d3e735972ff2742b32934
The Wiretap: eBay Sellers Become Millionaires Selling Stolen Morning After Pills And Other Meds
forbes.com/sites/thomasbrewster/2024/09/03/ebay-sellers-become-millionaires-selling-stolen-morning-after-pills-and-other-meds/
AnOther Sep 03
René Redzepi: “Fine Dining Isn’t Going Away by Any Means”: Omnivore, an ambitious new television show from René Redzepi, charts the hidden histories behind ...
anothermag.com/design-living/15843/rene-redzepi-omnivore-tv-show-interview
10 Things GRRM's A Song Of Ice & Fire Books Took From Lord Of The Rings: George R.R. Martin is a prolific fantasy author in his own right ...
screenrant.com/song-of-ice-and-fire-copy-lord-rings-books-tolkien/
CBR Aug 31
Ash Ketchum's 10 Most Powerful Companions in Pokémon, Ranked: Several of Ash Ketchum's traveling companions have teams of Pokémon as powerful as his ...
cbr.com/pokemon-ash-ketchum-most-powerful-companions/
The Shoe Snob Aug 31
Stock Up On Saphir – Exclusive Savings: Stock up with Saphir at the New York Super Trunk Show. One of the perks of attending is finding exclusive deals with all ...
theshoesnobblog.com/stock-up-on-saphir-exclusive-savings/
The End: Joshua Oppenheimer’s post-apocalyptic musical gets a teaser poster: Joshua Oppenheimer's post-apocalyptic musical The End, starring Tilda Swinton ...
joblo.com/the-end-joshua-oppenheimer/
Africa: Global Poverty Grows As Super-Rich Get Richer Faster: Oxfam expects the world's first trillionaire within a decade and poverty to end in 229 years! ...
allafrica.com/stories/202408280425.html
Dominica News Online Aug 28
OP-ED: Wake up call, cleaning up the global shipping sector - Dominica News Online
dominicanewsonline.com/news/homepage/news/op-ed-wake-up-call-cleaning-up-the-global-shipping-sector/
One Mile at a Time Aug 27
Hyatt Credit Card Promotion: Bonus Points At Unbound Collection Hotels: Those with a World of Hyatt Credit Card can receive 1,000 bonus points per night at ...
onemileatatime.com/deals/hyatt-credit-card-promo/
Freeze-frame: Researchers develop world's fastest microscope that can see electrons in motion
phys.org/news/2024-08-world-fastest-microscope-electrons-motion.html
Liberia: Government Scrambles After World Bank Loan Suspension and IMF Extended Credit Facility Deadline Approaches
frontpageafricaonline.com/news/liberia-government-scrambles-after-world-bank-loan-suspension-and-imf-extended-credit-facility-deadline-approaches/
Tennishead Aug 25
Tennis on TV Next Week: How to watch the US Open 2024!: If you want to watch the 144th edition of the prestigous US Open over the next fortnight ...
tennishead.net/tennis-on-tv-next-week-how-to-watch-the-us-open-2024/
Rare food aid convoy enters Sudan from Chad: "More than a dozen aid trucks -- including some from the WFP and the International Organization for Migration ...
newvision.co.ug/articledetails/NV_194487
9 things to do this weekend in Des Moines include Luke Bryan, 'Moulin Rouge,' festivals
desmoinesregister.com/story/entertainment/2024/08/21/things-to-do-near-me-in-des-moines-luke-bryan-world-food-music/74883412007/
More than a dozen aid trucks cross into Darfur from Chad | Africanews: The Office for the Coordination of Humanitarian Affairs (OCHA) said that more than a dozen ...
africanews.com/2024/08/22/more-than-a-dozen-aid-trucks-cross-into-darfur-from-chad/
What’s on TV this weekend: James Graham’s mining murder drama Sherwood returns: Plus, Brian May takes his anti-badger culling campaign to farmers' doors and ...
inews.co.uk/culture/television/whats-on-tv-this-weekend-aug-23-3240002
The rise of cultural Christianity: In JL Carr’s A Month in the Country, the story of a young survivor of the First World War, set in the unusually hot English ...
newstatesman.com/cover-story/2024/08/the-rise-of-cultural-christianity
Edinburgh Fringe ‘fantastically inspiring’ for youth theatre: It was a wonderful week for Newbury Youth Theatre performing their own The Fantastical World of My ...
newburytoday.co.uk/lifestyle/edinburgh-fringe-fantastically-inspiring-for-youth-theatre-9379225/
BREAKING: Vice President Kamala Harris has decided on a running mate, AP sources say, with an announcement coming in hours.
Live updates: Trump suggests he would participate in three debates against Harris in September
apnews.com/live/trump-harris-vp-pick-election-updates
Quick Glance: Tim Walz: Financial Revelation and Retirement
- Tim Walz's financial status starkly contrasts with the average politician.
- Walz lacks investments, relying mainly on a pension for retirement.
- A pension is a rarity nowadays and may not be sufficient for retirement.
- Walz advocates for investment transparency and emphasizes the importance of savings for retirement.
Mpox: WHO Calls Africa Outbreak a Global Health Emergency: The World Health Organization has declared a fast-spreading mpox outbreak in Africa a global health ...
bloomberg.com/news/articles/2024-08-14/world-health-organization-calls-mpox-a-global-health-emergency
Paid articlePaywallQuick Glance: First Dangerous Mpox Case Recorded Outside Africa
- Sweden's public health agency has reported the first case of a more dangerous type of mpox outside Africa, with the individual becoming infected during a visit to an area experiencing a significant outbreak. This announcement follows the World Health Organization's declaration that the outbreak in Africa is now a public health emergency of international concern.
- The initial outbreak in the Democratic Republic of Congo resulted in at least 450 deaths, and the disease has since spread to Central and East Africa. The infected individual sought treatment in Stockholm, and health officials assured that there is no risk to the wider population.
- Mpox, formerly known as monkeypox, is transmitted through close contact and can lead to severe symptoms and a mortality rate of four percent. The new case identified in Sweden is classified as Clade 1b, which has been associated with outbreaks in several African nations and is now confirmed in Sweden as well.
- Experts express concern about potential further imported cases in Europe. The WHO aims to enhance support for the most affected areas following its emergency declaration. Although vaccines are available, there are significant concerns regarding their accessibility and funding for those in need.
Honey, I lost the kids: is generation Z done with Disney?: The company’s recent fan convention was conspicuously lacking in young people, but it has plans to ...
theguardian.com/film/article/2024/aug/18/disney-generation-z-younger-fans
Quick Glance: Disney Fights Wrongful Death Lawsuit from Trial User
- Disney argues that a husband cannot sue the company for his wife's wrongful death since he signed up for a trial of the Disney+ streaming service. Jeffrey Piccolo is seeking $50,000 after his wife passed away from a severe allergic reaction at a Disney Springs restaurant in October 2023.
- According to court documents, Tangsuan, a physician, suffered a fatal reaction after dining at the Raglan Road Irish Pub & Restaurant. Despite informing staff of her severe allergies, she collapsed shortly after eating and later died in the hospital, having used an epi-pen in an attempt to save herself.
- Disney claims that the terms of use accepted by Piccolo in 2019 mandate that any legal disputes be resolved through arbitration rather than in court. This agreement is further supported by similar language that Piccolo consented to when purchasing park tickets online in September 2023.
- The family's attorney described Disney's argument as unreasonable, emphasizing that Tangsuan never agreed to the terms. Disney's legal team also highlighted that the Raglan Road Pub operates independently, with Disney serving merely as a landlord. A court hearing regarding the motion is scheduled for October 2.
World’s First Carbon Removal Bond to Fund Amazon Reforestation: A new kind of bond is trying to save the Amazon rainforest by linking investors’ financial ...
bloomberg.com/news/articles/2024-08-15/world-s-first-carbon-removal-bond-to-fund-amazon-reforestation
Paid articlePaywall
One Of World's Largest Gold Miners Just Added To Bullion's Allure: Gold prices continue to sparkle ahead of key inflation data this week ...
investors.com/news/barrick-gold-stock-gold-etfs-rebound-gold-prices-2024-high/
World Federation of Advertisers discontinues small brand safety initiative after Elon Musk's X sues
apnews.com/article/x-twitter-advertiser-lawsuit-garm-discontinues-e64b99a501d9f69abbeebc1c479688d7
Quick Glance: Elon Musk files lawsuit against advertisers over X 'boycott'
- Elon Musk's company, X/Twitter, has taken legal action against a group of major companies, alleging that they collaborated unlawfully to boycott the site.
- Among the accused are the food giants Unilever and Mars, the private healthcare company CVS Health, and the renewable energy firm Orsted, as well as a trade association named the World Federation of Advertisers (WFA), accused of withholding "billions of dollars" in advertising revenue from the company.
- According to the lawsuit, X has accused the implicated companies of unfairly withholding expenditures by adhering to safety standards established by a WFA initiative known as the Global Alliance for Responsible Media (Garm).
- Even if the lawsuit is successful, the social media platform cannot compel companies to purchase advertising space on the platform.
The World’s Fastest Man Wants His Own Signature Adidas Shoe: Noah Lyles earned the title of the world’s fastest man by winning the Paris 2024 Olympics’ 100-meter ...
bloomberg.com/news/articles/2024-08-05/the-world-s-fastest-man-wants-his-own-signature-adidas-shoe
Paid articlePaywall
Global stock markets plunge: US stocks plunged Monday, extending the global gut punch for markets as fears mount that the US economy is slowing down too quickly ...
cnn.com/business/live-news/global-stock-markets-plunge/
Quick Glance: Unveiling the Stock Market Turmoil
- The recent wild swings in markets demonstrate the interconnectedness of global financial pillars and the potential domino effect.
- The accumulation of risks in the financial system can be traced back to 2008, when the Fed aggressively cut interest rates and kept them low for years.
- The suddenly stronger yen also threatened to become a drag on corporate profits for Japanese firms, spooking investors and sparking fears of the end of a more than year-long rally.
- A rise in volatility can also be a function of the calendar, with summer vacations resulting in lower trading volumes on Wall Street, causing small nudges up or down to have an outsized effect on market prices.
Stock market today: Dow drops 860 points amid US economy worries: The Dow Jones Industrial Average dropped more than 1,000 points as worries over the economy ...
bostonglobe.com/2024/08/05/business/japans-nikkei-225-stock-index-sinks-8-percent-worst-losses-since-1987/
Quick Glance: World Markets Shaken by US Economy Risks
- Japan's Nikkei 225 stock index plunged up to 8.1% amid concerns over the US economy.
- A report on decreased US hiring sparked financial market worries.
- The Bank of Japan's rate hike led to a 5.8% drop in the Nikkei after AI-driven highs.
- Stocks fell due to weaker US employment data, raising fears of economic strain.
Dow drops nearly 900 points and Japanese stocks suffer worst crash since 1987 on economy fears
pbs.org/newshour/economy/dow-drops-nearly-1000-points-and-japanese-stocks-suffer-worst-crash-since-1987-on-economy-fears
Quick Glance: Markets Shaking Over Risks to US Economy
- Fear of a slowing US economy triggers another global financial market sell-off.
- Japan's Nikkei 225 experiences worst day since the 1987 crash.
- The Federal Reserve may be pushed towards an emergency rate cut as the US economy falters.
- Market movements may also be amplified by technical factors, with concerns over a recession mounting.
World Bank prices $225 million bond linked to Amazon reforestation: The World Bank issued a $225 million, principal-protected nine-year bond linked to ...
reuters.com/sustainability/sustainable-finance-reporting/world-bank-prices-225-million-bond-linked-amazon-reforestation-2024-08-13/
Wall Street suffers worst day in nearly two years after global sell-off: Fears of recession in US caused leading share indices to tumble, just weeks after they ...
theguardian.com/business/article/2024/aug/05/us-stock-market-recession-dow-close
Quick Glance: Global Market Turbulence Shakes Wall Street
- Wall Street experienced its worst day in nearly two years due to a global stock market sell-off triggered by concerns of a US recession.
- America’s primary stock indices - S&P 500, Dow Jones Industrial Average, and Nasdaq Composite - plummeted in volatile trading in New York before recovering slightly.
- The S&P closed with a 3% decrease, marking its largest daily decline since September 2022 at 5,186.33. The Dow closed at 38,704.06, down 2.6%, shedding over 1,000 points.
- The sell-off was exacerbated by worries about the strength of the US economy, amplified by a surprisingly weak jobs report on Friday. The Nasdaq, focusing on technology, was also impacted by Apple following reports of Warren Buffett’s Berkshire Hathaway reducing its significant stake in the tech giant.
The Latest: Harris, facing a crucial week, closes in on running mate pick: By The Associated Press Vice President Kamala Harris, grappling with how to keep early ...
orlandosentinel.com/2024/08/05/the-latest-harris-facing-a-crucial-week-closes-in-on-running-mate-pick/
Quick Glance: Trump and Harris Agree to Sept. 10 Debate: Meeting Summary
- Trump lashes out at Harris, recommits to Sept. 10 debate at news conference
- Insight into Walz's political achievements in Minnesota
- Trump praises Walz's response to unrest following Floyd's murder in Minnesota
- Harris interrupted by protests during speech, confirms Sept. 10 debate with Trump
Dow sinks 1,000 points, extending a global rout, as worries deepen about a US economic slowdown
ajc.com/news/nation-world/dow-sinks-1000-points-extending-a-global-rout-as-worries-deepen-about-a-us-economic-slowdown/T4YZZNJAHZDWNJU2CWAJOV6NKQ/
Dow plunges more than 1,000 points in global market selloff: Japan’s Nikkei 225 index suffered its biggest single-day drop on record, and other markets tumbled ...
washingtonpost.com/business/2024/08/05/japan-stock-market-crash/
Value of Adani Group, run by one of the world's richest people, slides: Indian billionaire Gautam Adani faced fresh allegations from Hindenburg, leading to a $2 ...
businessinsider.com/indian-billionaire-adani-group-lost-2-billion-day-hindenburg-allegations-2024-8
U.S. markets close sharply lower — but some economists say economy looks stable: Stocks saw a dramatic pullback — their third in as many trading days — as a ...
nbcnews.com/business/markets/us-markets-close-sharply-lower-economists-say-us-economy-stable-rcna165247
Out of Eden Walk: Northeastern India, by foot - The World from PRX: National Geographic Explorer Paul Salopek tells Host Marco Werman about his walk through ...
theworld.org/stories/2024/08/09/out-of-eden-walk-northeastern-india-by-foot
World’s Billionaires Lose $200 Billion In A Day: Hundreds of billionaires' fortunes sank along with global markets on Monday. Here's a look at the biggest losers ...
forbes.com/sites/forbeswealthteam/2024/08/05/worlds-billionaires-lose-200-billion-in-a-day/
SoftBank shares tank near 19%, wiping off $4.6 billion from founder Masayoshi Son's fortune
cnbc.com/2024/08/05/softbank-shares-tank-near-19percent-wiping-off-4point6-billion-from-sons-fortune.html
Stock market crash: Asian markets hit recent lows on Japan rate hike: Asia markets saw a massive selloff on Monday, driven by the Bank of Japan's rate hike ...
markets.businessinsider.com/news/stocks/stock-market-crash-asia-nikkei-kospi-taiex-asx-recent-lows-2024-8
Quick Glance: Global Markets Rattled by Fear of Slowing US Growth
- A global stock market crash initiated in Asia and continued in Europe, with U.S. stocks experiencing significant declines.
- The U.S. jobs report on Friday revealed slow job growth, intensifying concerns about a possible recession and delayed rate cuts by the Federal Reserve.
- Markets reacted with sharp drops, including a more than 4 percent decline in the S&P 500 and nearly 6 percent plunge in the tech-heavy Nasdaq.
- The global sell-off of stocks was fueled by growing uncertainty over the U.S. economy and a potential recession, leading to abrupt declines in stock markets across Asia, Europe, and the Americas.
China's state media, netizens rally around Pan after claims 100m swim not 'humanly possible'
reuters.com/sports/olympics/chinas-state-media-netizens-rally-around-pan-after-claims-100m-swim-not-humanly-2024-08-02/
Quick Glance: China's State Media, Netizens Support Pan After Claims 100m Swim Not 'Humanly Possible'
- China's state media, athletes, and netizens rallied around Olympic swimming champion Pan Zhanle after critics, including an Australian swim commentator, claimed that his world record swim in the 100 meters freestyle was not 'humanly possible'.
- Pan smashed his own world record in the 100 meters freestyle and won China's first swimming gold medal at the Paris Olympics. He confirmed passing rigorous doping tests and emphasized the scientific nature of his training.
- Australian coach and commentator Brett Hawke raised doubts about Pan's performance, stating that 'it's not humanly possible to beat that field'. Chinese Weibo users responded positively to this criticism, defending Pan's achievement.
- The Chinese swim team faced scrutiny after 23 swimmers tested positive for a banned heart medication in 2021. Pan was not among the affected swimmers. Swimmer Zhang Yufei addressed questions about Pan during a press conference on Thursday.
Dow drops 900 points, Japanese stocks suffer worst crash since 1987 on U.S. economy worries
thegazette.com/economy/dow-sinks-1000-points-extending-global-rout-as-worries-deepen-about-a-u-s-economic-slowdown/
Japan stocks rebound as much as 10% after historic losses; other Asia markets also recover
cnbc.com/2024/08/06/asia-stock-markets-japan-household-spending-rba-rate-decision.html
Quick Glance: Japan's Nikkei Records Highest Single-Day Jump Since October 2008
- Japan's stocks rebounded sharply after dropping over 12% in the previous session. The Nikkei 225 ended the day up 10.23% at 34,675.46, marking its largest daily gain since October 2008.
- Trading houses in Japan rebounded significantly, with companies like Mitsui and Softbank Group Corp showing notable gains. Additionally, there were positive developments in the sectors of Japanese automakers and semiconductor suppliers.
- In Australia, the S&P/ASX 200 ended up 0.41% at 7,680.6, while oil prices also rose, with Brent crude climbing 0.89% to $76.98 per barrel.
- Real wages in Japan grew 1.1% in June compared to a year ago, offering more room for the Bank of Japan to tighten its monetary policy. The Reserve Bank of Australia kept its cash rate steady at 4.35% and upgraded its GDP growth forecast.
Djokovic Beats Alcaraz For Olympic Gold—In Battle Of World's Top-Paid Tennis Stars
forbes.com/sites/mollybohannon/2024/08/04/djokovic-beats-alcaraz-for-olympic-gold-in-battle-of-worlds-top-paid-tennis-stars/
Quick Glance: Djokovic Triumphs Over Alcaraz for Olympic Gold
- The thrilling Olympic men's singles final reflected the intensity of the two competitors, with the Serbian player finally securing the title that had eluded him thus far.
- The two players amplified their performance through pressure and exchanged drop-shot returns that nearly skimmed the net. Djokovic let out a groan of exertion at pivotal moments. Alcaraz, on the other hand, relied on his high-decibel forehands that struck the deepest corners of the court to survive.
- Djokovic relied on his impeccable tiebreakers and a diving forehand drop volley that not even the potentially fastest player in the game bothered to track. He replicated the feat in the second set with two thunderous forehands into the corners.
- Djokovic counted on the precision of his placements and utilized Alcaraz's foot speed against him by delivering balls behind his backhand, exploiting Alcaraz's ability to anticipate and return balls into the open court.
Dow plunges more than 1,000 points in global market selloff: Japan’s Nikkei 225 index suffered its biggest single-day drop on record, and other markets tumbled ...
washingtonpost.com/business/2024/08/05/japan-stock-market-crash/
Global markets partly recover but analysts fear ‘we’re not out of woods’: Shares on Wall Street and in Asia and Europe start to recover after Monday’s rout
theguardian.com/business/article/2024/aug/06/global-markets-partly-recover-but-analysts-fear-were-not-out-of-woods
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