Big Tech purge may be good for US and the world

Big Tech purge may be good for US and the world

Today’s business headlines point to a harsh reality for Big Tech: Twitter uproar; collapse at Meta; Alphabet atrophy; adjustments at Amazon. Layoffs, falling inventories and falling valuations are the hallmarks of the moment. The Big Tech malaise is unfolding before our eyes. While the tech slowdown hasn’t been unexpected, it’s not entirely unwelcome. Some might … Read more

Democrats await Nevada election result that could seal their U.S. Senate majority

Democrats await Nevada election result that could seal their U.S. Senate majority

PHOENIX, Nov 12 (Reuters) – Democrats were one seat away from majority control of the U.S. Senate next year on Saturday as the vote count in deeply divided Nevada continued after Tuesday’s midterm elections and that the campaign had started for a second round on December 6 in Georgia. . If incumbent Democratic Senator Catherine … Read more

US calls for Ukraine to liberate all its citizens, as chances of peace talks diminish

US calls for Ukraine to liberate all its citizens, as chances of peace talks diminish

Chances for peace talks between Kyiv and Moscow appear to have diminished once again after Russia withdrew from the southern city of Kherson, with a senior US official calling on Ukraine on Saturday to “liberate” all of its citizens from the ” Russian barbarism. Some, like General Mark Milley, believed that Russia’s withdrawal from the … Read more

U.S.-China rivalry risks splintering global economy, IMF chief warns

U.S.-China rivalry risks splintering global economy, IMF chief warns

Comment this story Comment PHNOM PENH, Cambodia — The global economy is splitting into rival blocs, threatening a resumption of the Cold War that would make nearly everyone worse off, the head of the International Monetary Fund said on Saturday. According to Kristalina Georgieva, managing director of the fund, US and European efforts to redesign … Read more

Pentagon quietly downsizes US Special Operations fleet of gunships

Pentagon quietly downsizes US Special Operations fleet of gunships

The Pentagon quietly reduced the purchase of its new AC-130J Ghostrider special operations combat ships, reducing the fleet from 37 to 30. The United States Special Operations Command had planned to purchase nearly 40 Ghostriders to replace older gunships: the AC-130H Spectre, AC-130W Stinger II and AC-130U Spooky. Each of these 37 aircraft is now … Read more

US Senate Seat in 2024

US Senate Seat in 2024

By MATTHEW BROWN, Associated Press LOCKWOOD, Mont. (AP) — Republicans emboldened by a string of electoral victories in Montana this midterm election are quickly turning their attention to a prize that has repeatedly eluded them: the U.S. Senate seat held by Democrat Jon Tester at three mandates which is up for grabs in 2024. That … Read more

U.S. doing all it can for release of hunger striker in Egypt, security adviser says

U.S. doing all it can for release of hunger striker in Egypt, security adviser says

SHARM EL-SHEIKH, Egypt, November 12 (Reuters) – The United States is doing “everything it can” to secure the release of Egyptian-British activist Alaa Abd el-Fattah from prison in Egypt and President Joe Biden has raised the case with his Egyptian counterpart, the US national security adviser said on Saturday. Biden, who traveled to the Egyptian … Read more