Many Arab social media users had a different take on what the Western media and politicians described as a well-organized “surprise terror attack” by Hamas last week, and referred to it instead as a “prison break.”
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HAMAS ATTACK SEEN RESULT OF YEARS OF ABUSE, NEED FOR REVENGE
The Hamas attack on Israel earlier this month was condemned by Western countries, but many others saw the invasion as an act of revenge after many years of mistreatment and abuse by Israel.
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IN THE WAR OVER TAKING COVID JABS, THE NAYS NOW PREVAIL BY A HUGE MARGIN
Most Americans—even the ones who previously scrambled, or submitted out of pressure, to take a COVID jab—are now saying no to the shots.
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U.S. MEGABANKS PAY $53 MILLION IN FINES FOR MISREPORTING MILLIONS OF TRADES
On 29 September, the U.S. Commodity Futures Trading Commission (CFTC) fined Bank of America, Goldman Sachs, and JPMorgan Chase a collective total of $53 million after the banks “failed to report, or failed to correctly report, more than 40 million swap transactions,” the CFTC said.
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PARCEL CARRIERS OFFER DISCOUNTS IN WEAK HOLIDAY SALES SEASON
Fedex and UPS are offering discounts to bulk customers such as Amazon and other retailers to ease the pain of what is expected to be a weak holiday sales season, The Wall Street Journal reported.
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HOUSING AFFORDABILITY AT RECORD LOW, NAR REPORTS
In July, the ability of a family with a median income to afford to buy a home selling for the median price sank to its lowest since 1989, according to the National Association of Realtors (NAR) housing affordability index.
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U.S. MORTGAGE INTEREST RATE HIGHEST IN 23 YEARS, APPLICATIONS CRASH
During the week ending 29 September, the average U.S. interest rate on a 30-year, fixed-rate mortgage surpassed 7.5 percent for the time since November 2000, plunging applications for new and refinanced home loans to their fewest since 1996, according to the Mortgage Bankers Association.
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HIGHER INTEREST RATES CUT DOWN CONSUMER BORROWING
Americans reduced their outstanding non-revolving debt, such as auto and student loans, by $30.3 billion in August, according to U.S. Federal Reserve data. The figure represents a 9.8-percent reduction over the previous 12 months.
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SPOTLIGHT: THE GREAT BOND ROUT OF ‘23
Since March 2020, government bonds with maturities of 10 years or more have dropped 46 percent in price, with the 30-year bond losing 53 percent, Yahoo Finance reported.
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RELAX, ORTHODOX JEWS SPITTING ON CHRISTIANS IS A ‘JEWISH CUSTOM’
Elisha Yered, an Israeli settler and “far-right” activist, brushed off a viral video that showed orthodox Jews spitting on Christian pilgrims last week– during Sukkot celebrations in Jerusalem’s Old City–an old Jewish tradition.