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Stocks plunge as Federal Reserve’s tilt triggers ‘Black Wednesday’

Stocks plunge as Federal Reserve's tilt triggers ‘Black Wednesday’

Fed sparks market rout: Wall Street plunged, the dollar hit two-year highs, and Treasury yields spiked as Powell struck a hawkish tone, warning of inflation risks and cautious rate cuts ahead. Bitcoin slid 5% after Powell ruled out a US crypto reserve tool. ADVERTISEMENT The December Federal Reserve meeting knocked the wind out of markets, delivering exactly what investors didn’t …

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El Salvador strikes $1.4bn IMF deal after scaling back Bitcoin policies

El Salvador strikes $1.4bn IMF deal after scaling back Bitcoin policies

El Salvador has struck a $1.4bn (£1.1bn) loan deal with the International Monetary Fund (IMF) after agreeing to scale back its controversial bitcoin policies. The global lender said risks related to the adoption of the world’s largest cryptocurrency had eased now that businesses will be allowed to decide whether or not to accept bitcoin. In 2021, El Salvador became the …

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Alessia Russo: Arsenal striker’s goals rush under Renee Slegers continues against Bayern Munich

Alessia Russo celebrates her goal against Bayern Munich

Eleven games. Eleven starts. Ten goals. Alessia Russo is reaping the rewards of hard work under Arsenal interim boss Renee Slegers and her fine form continued in the Gunners’ final game before the winter break. The 25-year-old scored Arsenal’s second goal in Wednesday’s 3-2 comeback win against Bayern Munich that sealed top spot in their Women’s Champions League group. It …

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Ulster v Munster: Michael Lowry ‘so focused that Christmas is a second priority’

Michael Lowry applauds fans

Lowry says that Ulster’s first-half performance against Bordeaux was “the best 40 minutes” the side have played all season. Richie Murphy’s side led by five points at half-time but their French opponents, who are second in the Top 14 behind all-conquering Toulouse, roared back in the final quarter to seal a convincing win. “Unfortunately the second half wasn’t as good …

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CUPP Fumes Over Plot To Clamp Down On Spokesperson

CUPP Fumes Over Plot To Clamp Down On Spokesperson

The Coalition of United Political Parties (CUPP) has raised the alarm over a plot to allegedly clamp down on its spokesman and member of the House of Representatives, Hon. Ugochinyere Imo.   According to the group, Hon. Ugochinyere is being targeted with allegations of treason and judicial corruption.   CUPP said the allegations being packaged against Hon. Ugochinyere are “fabricated, …

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National Bureau of Stastics website hacked

National Bureau of Stastics website hacked

The website of the National Bureau of Statistics NBS has been hacked. The body disclosed thisnon its X handle this evening. See its oost below The post National Bureau of Stastics website hacked appeared first on Linda Ikeji Blog.

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NAFDAC shuts down Eziukwu market in Abia over fake and expired products worth N5 Billion.

The National Drug Agency for Food and Drug Administration and Control NAFDAC has shut down 150 shops at Eziukwu Market, Aba, Abia State, during a two-day operation on December 16 and 17, 2024.    The team uncovered large-scale production and distribution of fake and expired goods, including beverages, carbonated drinks, wines, spirits, vegetable oils, and revalidated food items such as …

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Police seek public’s help after woman abandoned her child in Adamawa hotel

Police seek public

The Adamawa State Police Command is seeking the public’s help to locate the family of a child found abandoned at People’s Hotel in Nasarawo community, Demsa Local Government Area of the state.    The spokesperson of the command, SP Suleiman Nguroje, who disclosed this in a statement on Wednesday, December 18, 2024, said the child was abandoned at the reception …

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