The U.S.’s annual budget deficit grew by $138 billion, or 8 percent, in the fiscal year that ended 30 September to $1.833 trillion.
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ASML SINKS CHIP STOCKS
On 16 October, Dutch tech firm ASML, which makes machines that make computer chips, warned of a slow year ahead in the semiconductor industry, outside of sales related to artificial intelligence (AI).
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JOURNALISM IS DEAD: AMERICANS DON’T BUY THE MAINSTREAM MEDIA BULLSHIT
A newly released survey found that the public trust in the mainstream news media remains at record low levels, with just 31 percent of Americans stating that they have a “great deal” or “fair amount” of faith that these news outlets will report on news events in a fair and accurate manner.
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GOVERNMENTS’ DEBT WILL TOP $100 TRILLION THIS YEAR, IMF SAYS
Worldwide public debt will exceed $100 trillion before this year is over, rising to 93 percent of the globe's total economic output, according to a new study by the International Monetary Fund (IMF).
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BRITISH POUNDS: OBESE PEOPLE IN U.K. DRAG ECONOMY DOWN, WILL WEIGHT-LOSS DRUG SAVE THE DAY?
The British government is trying to figure out how to tame obesity’s drag on the economy and hopes to tap into the weight-loss drug craze to bring down body fat and budgets.
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LITTLE IS KNOWN ABOUT THE IMPACT OF SOCIAL MEDIA ON TEENS’ EMOTIONAL HEALTH
Politicians and parents are trying to put limits on teen exposure to social media because of the troubling links to depression and anxiety, but the problem is that there is not much data on how best to approach the issue.
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ISRAELI SOLDIERS SAY “GENERALS’ PLAN” IS BEING IMPLEMENTED IN NORTHERN GAZA
Three Israeli reserve soldiers said in an interview with Haaretz last week that the IDF is carrying out the so-called “Generals’ Plan” in northern Gaza, which essentially means the army is ethnically cleansing the region.
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RUSSIA MOCKS ZELENSKY’S ‘VICTORY PLAN’ AS INCOHERENT NONSENSE
Maria Zakharova, the Russian Foreign Ministry spokeswoman, seemed unfazed by Ukrainian President Volodymyr Zelensky’s so-called “victory plan” and said it seemed more like a hodgepodge of “incoherent slogans” and “bloody foam on the lips of a neo-Nazi killer.”
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U.S. THROWS ANOTHER $425M AT UKRAINE’S LOSING WAR AGAINST RUSSIA, PROMISES MORE
The Biden administration announced last week that it will provide Ukraine with another $425 million in weapons support as Kyiv loses more ground to the Russians and as winter looms in the region.
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U.S. PREPARED TO STEAL $20B IN RUSSIAN PROFITS TO HELP FUND G7 LOAN FOR UKRAINE
The U.S. is prepared to provide the Group of Seven [G7] with about $20 billion in interest from Russian assets that have been frozen since the start of the Ukraine War.