WORLD


Anna Clark (ProPublica) 25 January 2023
This story was originally published by ProPublica.   A number of tests used by patients to make major health care decisions have once again escaped regulation by the Food and Drug Administration, following intensive lobbying on behalf of test-makers, professional associations and...

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Amitabha Banerjee Amitabha Banerjee 23 January 2023
The Pakistani armed forces (army for short)—is a truly multi-functional organisation, not just the country’s war machine and the defender of its borders.   What are the ‘many things’ that I have referred to?  Let me tell you.    The Pakistan army has many ‘activities’ which...

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Amitabha Banerjee Amitabha Banerjee 16 January 2023
Ravana had 10 heads and (presumably) one neck and one body.   Pakistan has six heads, one neck and one body.   To amplify   - Heads: army, politicians, bureaucracy, jagirdars, religious groups and big business. - Neck: middle class. - Body: ignorant, poor...

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China is to take "golden shares" in two of its biggest tech companies, Alibaba and Tencent, as Beijing extends its influence on the country's star tech firms and its most powerful and wealthy business people, media reports said.   Beijing's move marks a shift away from imposing hefty...

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A glitch in the US Federal Aviation Administration (FAA) software, which grounded thousands of flights in the country earlier this week, is at least 30 years old and six years away from being updated, the media reported on Friday.   As a result of a massive nationwide technical...

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Peter Elkind (ProPublica) 12 January 2023
This story was originally published by ProPublica.   After six years of failed efforts by the IRS, Justice Department and lawmakers, new legislation is expected to prevent the worst abuses of a tax-avoidance scheme that has cost the U.S.   Treasury billions of dollars. Tucked...

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All flights across the US currently remain grounded after a huge computer outage left the passengers stranded, international media reported.   Passengers have been left waiting on the tarmac after the Federal Aviation Administration (FAA) suffered a nationwide system error, which has...

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Anjeanette Damon (ProPublica) 03 January 2023
This story was originally published by ProPublica.   As the COVID-19 pandemic continues to churn, Medicare spending on testing for the virus continued to increase in 2022 and is outpacing the two prior years.   Through Oct. 31, Medicare had spent $2 billion on COVID-19 tests...

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Popular online food delivery platform Grubhub will pay $3.5 million for charging customers hidden fees and using deceptive marketing techniques to increase profits in violation of consumer protection laws in the US.   Grubhub will pay $800,000 to Washington, DC as a civil penalty...

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IANS 31 December 2022
The government in The Bahamas has seized $3.5 billion in FTX digital assets, as its former CEO Sam Bankman-Fried faces a trial in the US.   The country's Securities Commission took control of the assets soon after the crypto exchange filed for bankruptcy in the US in November, reports...

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IANS 30 December 2022
Called by various names such as 'Gasolina', 'The Black Pearl' and 'O Rei' (The King), the nickname that stuck like glue to Edson Arantes do Nascimento, who, as 'Pele', became the greatest footballer the world has ever known.   It is with that name he left the world as the most...

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IANS 29 December 2022
The Uzbekistan government has alleged that 18 children have died in the central Asian nation following the consumption of a cough syrup produced by an Indian pharmaceutical firm Marion Biotech.   "To date, 18 out of 21 children with acute respiratory disease have died as a result of...

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IANS 28 December 2022
Biometric data of US troops, known terrorists, and people who worked with American forces in Afghanistan and in the Middle East was sold via old US military equipment on eBay, the media reported.   The devices were purchased by a group of hackers, who found fingerprints, iris scans,...

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IANS 23 December 2022
Beleaguered crypto exchange FTX Co-founder Sam Bankman-Fried has been released on a $250 million bond in the US, "the largest-ever pretrial bond," amid his trial for committing fraud and other criminal charges.   A federal judge in the US District Court in Manhattan also barred the...

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IANS 19 December 2022
Censoring other social media companies on its platform, Elon Musk-owned Twitter on Sunday announced it will no longer allow users to promote their presence on Facebook, Instagram, Mastodon, Truth Social, Tribel, Nostr, and Post -- a move that has irked millions of users.   Twitter...

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IANS 15 December 2022
The US Federal Reserve on Wednesday raised interest rates by half a percentage point, which was less than the three-fourths on previous four occasions, in a sign that it feels these measures are working but the battle against the inflation is not over.   "We have more work to do," Fed...

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Annie Waldman, Aliyya Swaby  and   Anna Clark (ProPublica) 15 December 2022
This story was originally published by ProPublica.   In Amite County, Mississippi, where a third of adults struggle to read, evidence of America’s silent literacy crisis is everywhere.   It’s in a storefront on Main Street, in the fading mill town of Gloster, where 80-year-old...

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IANS 07 December 2022
Global investment advisory firm Morgan Stanley has cut about 2 per cent of its global workforce, or about 1,600 employees, amid the global economic meltdown, the media reported.   The layoffs, first reported by CNBC citing sources, came after Morgan Stanley CEO James Gordon recently...

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Moneylife Digital Team 03 December 2022
Pramod Mittal (PM), younger brother of global steel magnate Lakshmi N Mittal, suffered a major setback as a UK court overturned his agreement with creditors to pay 0.2% of his total debt of over US$2bn (billion). Pramod Mittal was declared bankrupt in June 2020 over a debt of about US$170mn...

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IANS 28 November 2022
As the FIFA World Cup is currently underway in Qatar, cyber-security researchers on Monday warned that threat actors are selling fake Hayya cards, which is essentially a permit document, to fans who are willing to pay any amount to get one.   To attend the FIFA World Cup, one needs to...

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