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
What was supposed to be the beginning of a new life ended in a tragedy marked by manipulation, betrayal, and shocking violence. Nestled amidst the serene beauty of the Shillong hills, a diabolical plot unfolded quietly, unnoticed by those around. And when the fog finally lifted, the horrifying tr
JUBA — South Sudan’s powerful Vice President, Dr. Benjamin Bol Mel, has been dismissed from all his government, military, and party positions following damning United Nations findings accusing him of orchestrating the large-scale plunder of the country’s oil wealth.A series of presid
As we get into the last 45 days of the 2025/2026 Presidential election campaign, the populist-anarchist elements are back in full force with only one design – the creation of anarchy and conflict in Uganda for the sole benefit of the imperialist capitalist machine! This election has eigh
A Sinotruk carrying sand gets stuck on a muddy road, one of the feeder roads in a deplorable state in Kasanje, Wakiso District. Despite collecting over UGX 460 million in taxes, the community says service delivery remains poor.Kasanje, Wakiso District: Kasanje, a mid-size place located in
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.
From November 12, hundreds of Chinese and African scholars and diplomacy experts will gather in South Africa for the Global South Media and Think Tank Forum: China-Africa Partnership Conference.At the center of the two-day high-level deliberations would be what I would term the ‘soul of
Members of the Bolivarian National Militia attend a military drill, amid rising tensions with the United States, in Naguanagua, Venezuela in October.Venezuela says it is launching a “massive mobilization” of military personnel, weapons and equipment in response to the build-up of US wa
