Switzerland's National Bank lowers its surprise rate.
Different monetary policy strategies are being used by central banks around the globe to combat inflationary pressures. The first significant central bank in the developed world to lower interest rates this cycle was the Swiss National Bank (SN. It seems that a more substantial decline in inflation than anticipated is the main cause of the SNB's movement.
Philippines crackdown on illegal internet gaming: Laborers claim forced labor and torture
Hundreds of Chinese-owned online casinos are allegedly running illegally in the Philippines, according to local authorities. Since October, at least two have already closed. According to officials, they were con artists. Worker allegations also include forced labor and torture.
Global food prices rose for the third month in May.
The Food and Agricultural Agency estimates global food prices increased by 0.9% in May, marking the third consecutive month of upward growth. This increase follows a period of decrease from the record highs established in March 2022.
Palestinians killed by Israeli airstrike of a central Gaza house: at least fifteen.
Israeli airstrikes in Gaza have targeted a densely populated residential neighborhood. Fifteen persons inside a family house were killed in one incident. More bodies buried beneath the debris are proving difficult for first responders to recover.
Rishi Sunak vs. Keir Starmer: Leaders on major public problems
Rishi Sunak and Sir Keir Starmer clashed in the first TV discussion of the general election, with intense exchanges about taxation and the NHS. Watch to learn more.
Taiwan 7.2 earthquake: 25 years' biggest earthquake to strike Taipei
The largest earthquake to strike Taiwan in 25 years has struck. Buildings collapsed as a result of the magnitude 7.2 earthquake, killing four people. The Philippines and Japan promptly revoked their tsunami warnings.
An American woman uses an electric vehicle to traverse the world.
We continue to bring you fascinating and motivational tales from around the globe on Tech It Out. We will introduce you to a woman who broke a world record in this article. Here's what else.
Nvidia is about to outpace Amazon in terms of value.
The company is about to surpass Amazon in value for the first time since 2002. Nvidia's market capitalization increased to 1.715 trillion dollars in 2024 after a 40% spike. That is only roughly 3% less than the 1.767 trillion dollar worth of Amazon.
Voyager 1 and NASA reestablished communication after a months-long pause.
NASA's Voyager 1 spacecraft is sending back information regarding the condition and state of its onboard engineering systems for the first time since November. On November 14, 2023, Voyager 1 ceased transmitting usable science and engineering data back to Earth. The probe and its twin, Voyager 2, are the only spacecraft to have ever flown in interstellar space.
The UK halts the free-trade agreement with Canada on agriculture. Negotiations between the UK and Canada come to a standstill. The Canadian Minister of Trade, Mary NG, stated, "We are disappointed that negotiations with the UK are on hold." Conflict regarding Canada: Canada imports cheese, while the UK imports beef. The UK and Canada's free trade talks came to an end. Reports state that Canadian beef farmers were driven out of the UK. Watch to find out more!
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