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From 2 600% gain to 86% wipeout, crypto’s hottest trade collapses

From 2 600% gain to 86% wipeout, crypto’s hottest trade collapses

Investing in public companies holding bitcoin and other digital tokens was a major trend earlier this year, but the market has turned …Bitcoin itself is down only 6%. Around 70% of digital asset treasuries are expected to finish the year lower than their starting value. Image:

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Dollar unfazed even as Fed cut comes back into view

Dollar unfazed even as Fed cut comes back into view

The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month.The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month after dovish co

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Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Putin in panic as Russia faces economic meltdown with banks facing £100bn 'time bomb'

Russia's economy is facing a "time bomb", as sanctions escalate and interest rates remain high. Businesses around the country are struggling to pay back loans and are fighting to stave off bankruptcy.Firms have watched on helplessly as interest rates were hiked to 21% towards th

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Macron, who called Nato brain dead, warns of end to G20

Macron, who called Nato brain dead, warns of end to G20

‘We must also recognise that the G20 may be reaching the end of a cycle.’Macron speaks during the opening plenary session at the G20 summit in South Africa. Image: BloombergEmmanuel Macron has a penchant for predicting the end of eras.Back in 2019, y

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East Africa: Fish Farming Is Booming in Lake Victoria, but Pollution and Disease Are Wiping Out Millions. How to Reduce Losses

East Africa: Fish Farming Is Booming in Lake Victoria, but Pollution and Disease Are Wiping Out Millions. How to Reduce Losses

Aquaculture - the farming of fish and other aquatic organisms - is the world's fastest-growing food production system.The sharpest growth in aquaculture is happening in Africa. Average annual growth rates have exceeded 10% in recent years measured by production value.

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In Kasanje, taxes are rising but service delivery, roads, all in ruins

In Kasanje, taxes are rising but service delivery, roads, all in ruins

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

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Oil Climbs for a second day on risk-on tone in wider markets

Oil Climbs for a second day on risk-on tone in wider markets

Prices are being lifted as the US Senate takes a major step toward reopening the government.Oil pumping jacks at an oilfield near Sokolovka village, in the Udmurt Republic, Russia. Image: BloombergOil rose as wider markets were lifted by a push to end the US government sh

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Katy Perry brushes off ex-fiancé Orlando Bloom's cosy photo with actress as she storms the stage in Barcelona for her Lifetimes Tour

Katy Perry brushes off ex-fiancé Orlando Bloom's cosy photo with actress as she storms the stage in Barcelona for her Lifetimes Tour

Katy Perry brushed off the viral photo of ex-fiancé Orlando Bloom cosying up to an actress dressed as her for Halloween as she took to the stage in Barcelona on Sunday.The singer, 41, headed to the city as part of her global Lifetimes Tour and turned heads in a futuristic catsu

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Worker dies, other two battle for life at HARDWARE WORLD NTINDA owned by LifeLink Hospital boss Ssekankya

Worker dies, other two battle for life at HARDWARE WORLD NTINDA owned by LifeLink Hospital boss Ssekankya

Shock and tension have gripped Hardware World Ntinda after a deadly incident that claimed the life of one employee and left two others fighting for their lives.The high-end hardware supermarket, owned by flamboyant businessman Simon Ssekankya, is now under police investigation a

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Spot gold was trading at $4,004.73 an ounce as of 12:55 p.m. in Singapore.

Spot gold was trading at $4,004.73 an ounce as of 12:55 p.m. in Singapore.

Gold held around $4 000 an ounce after a weak start on Monday, after China ended a long-standing tax rebate for some retailers in a change that could weigh on demand in one of the world’s largest precious-metals markets.Bullion for immediate delivery rose 0.1%, after falling a

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