Rapid selloffs and high leverage expose traders to sudden losses as digital asset markets remain highly sensitive to volatility.$300 million in leveraged long crypto positions were liquidated in the last 60 minutes due to sudden market selloffs.Bitcoin’s price pulled back from nea
Russia's economic crisis is intensifying with thousands of companies reportedly facing bankruptcy. Businesses have been hit by a double whammy of sanctions and high interest rates, since the outbreak of the full-scale war in February 2022.The key interest rate rose to a staggering 21% last
Drone attack in export hub Novorossiysk fuels supply worriesBeijing/Singapore — Oil prices jumped about 2% on Friday on supply fears after a Ukrainian drone attack hit an oil depot in the Russian Black Sea port of Novorossiysk, a major export hub.Brent crude futures rose $1.24, or
The Inspector General of Police (IGP), Abbas Byakagaba, has assured residents of the Rwenzori region of continued security and stability following a string of recent coordinated attacks on police and army installations.Speaking during a visit to Kasese District on Wednesday, Byakagaba reaf
MUBENDE — Horror has hit Mubende Town after the manager of Prime Rose Hotel — who also happens to be the son of the hotel owner — allegedly murdered one of his long-serving workers and buried him secretly after accusing him of stealing charcoal.The suspect, Genesis Dduhimbaazi, manag
Heartache struck late-night television as Jimmy Kimmel delivered a gut-wrenching tribute to his best friend and bandleader, Cleto Escobedo III, who passed away at the tragically young age of 59.The emotional moment unfolded on “Jimmy Kimmel Live!” during an opening monologue where Kimm
Akon, the 52-year-old Senegalese-American singer known for his global hits and major philanthropic efforts in Africa, made headlines again after a surprising arrest in Roswell, Georgia tied to his Tesla Cybertruck. The Grammy-nominated artist, born Aliaune Thiam, was briefly taken into custody in
Gold rose for a fifth straight session on Thursday to hit its highest in more than three weeks, buoyed by expectation that the U.S. government reopening will restart the flow of economic data and boost bets for further interest rate cuts.Gold rose for a fifth straight session on Thursday t
Profit-taking saps metal’s strengthBengaluru — Gold prices slipped on Wednesday, pulled down by a rebound in the dollar and profit-booking after bullion rose to a near three-week high in the previous session on the expectation of interest rate cuts by the Federal Reserve next month.
The U.S. National Academies of Sciences, Engineering, and Medicine say more fluid is better for average, healthy adults — 15.5 cups a day is ideal for men, while 11.5 cups a day from all food and drinks is enough for most women. But this includes hydration from food and all beverage sources. Yo
