Friday, October 28, 2022

Authorities identify suspect in Pelosi attack

U.S. House Speaker Nancy Pelosi's husband is recovering after he was violently assaulted during a break in at their home in San Francisco.

Police have taken a suspect into custody.

Ira Spitzer reports from San Francisco


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Jerry Lee Lewis Dead at 87

Rock and roll pioneer Jerry Lee Lewis is dead. 

The notorious musician died of natural causes at his home in Mississippi.

Rachel Silverman has this report on the infamous musician.  



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Exxon Mobil profits smash expectations to hit record high (again)

Exxon Mobil's third-quarter profits have smashed expectations - hitting nearly $20 billion dollars in net profit.

That's the highest profit in the oil major's 152-year history.

 And comes as consumers around the world feel their pocketbooks tightening

Toni Waterman has more.

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Elon Musk plans to become Twitter's interim CEO

Elon Musk is going to be naming himself CEO of Twitter - at least for now.

The billionaire completed the purchase of the social media platform
late Thursday night..after a twisted 6-month saga over the
acquisition, and he's already sending shockwaves through the
community.

Gabrielle Fahmy reports.

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[MARKETS MONDAY PREVIEW] U.S. Central Bank meets this week to set interest rates

It's a big week for investors and consumers in the U.S.

The Central Bank meets in New York Tuesday and Wednesday to set the
next interest rates.

Gabrielle Fahmy reports.

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House Speaker’s husband violently assaulted

U.S. House Speaker Nancy Pelosi's husband has been violently assaulted
during a break in at their home in San Francisco.

A spokesperson for the Speaker says the assailant is in custody.

U.S. correspondent William Denselow reports.

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35 Suspected Terrorists Detained by Nigerian Govt.

Thirty five suspected members of terror group, the Islamic State West Africa Province have been arrested and detained in Nigeria.

 

This comes amid heightened tension of impending terror attacks in the country's capital Abuja, and other parts of the country.

 

Correspondent Tesem Akende reports from Jos.

 

Take Radio

 

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First coins for general circulation with King Charles' portrait now in production


In the UK, the first coins for general circulation with a depiction of King Charles the Third are now rolling off the production lines.

The 50 pence coin is being struck at the Royal Mint in Wales and people in the UK will start using them in December.

Following tradition, King Charles faces to the left, the opposite direction to his mother Queen Elizabeth the Second.

Sculptor Martin Jennings created the portrait of the King that's being used on the coins.

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EU warns Musk he must abide by bloc's digital rulebook

The European Union's internal market commissioner Thierry Breton has issued a veiled warning to Elon Musk, after the Tesla boss finalised a deal to buy the social media platform Twitter. 


The EU's new digital rulebook will impose significant content moderation obligations on big platforms.


Rosie Birchard brings us up to speed from Brussels.


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Out: RB, Brussels

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N Korea fires two missiles in response to S Korea-US military drills

North Korea is responding to two weeks of South Korean military drills with yet more missile tests. 


Pyongyang has fired two more missiles into the Sea of Japan, its 28th launch this year.


Chris Gilbert reports 


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India's plan to set up panel to address social media grievances raises concerns about censorship

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The Indian government is planning to set up an appellate committee to address grievances by social media users.

Officials say it will empower people.

But activists warn that regulating social media in this way – could effectively lead to online censorship.

Ishan Garg reports.

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Australia women and children to be repatriated from Syrian detention camp

A group of Australians have been rescued from a detention camp in Syria, but the counties federal opposition is worried they pose a security risk. 

Four Australian women and 13 children will soon make their way to Sydney, after being removed from a detention camp in eastern Syria overnight. 


Shaun Bindley reports. 


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IMF lowers growth forecast for Asia amid inflation and China slowdown

The International Monetary Fund is cutting its economic forecast for Asia, at a time when rising inflation blamed on the war in Ukraine, and a slowdown in the Chinese economy is dampening the region.

Correspondent Caroline Malone reports from Hong Kong.


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Report: Musk completes Twitter purchase, fires top executives

According to media reports, Elon Musk has completed his $44 billion dollar purchase of Twitter and fired several of the company's top executives.


Twitter had previously taken legal action over the Tesla CEO's attempts to back out of the agreement.


Musk says that he wants the platform to be a 'digital town square', and not cater to any political viewpoint.


Ira Spitzer has more from San Francisco -


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Thursday, October 27, 2022

Moscow accuses Kiev of making biological weapons

Russia has accused Ukraine and the United States of operating a
biological weapons program.

At a United Nations Security Council meeting Washington's
representative firmly rejected the accusations as an attempt to
justify its war in Ukraine.

UN members also met to discuss nuclear issues in Ukraine including
allegations that Kiev is developing dirty bombs.

William Denselow reports from UN headquarters in New York.

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U.S. stocks mixed on positive GDP data, earnings miss

U.S. stocks were mixed on Thursday.

The GDP report showed the economy rebounding after contracting during
the first half of 2022….alleviating fears of an imminent recession.

But investors also had to digest yet more disappointing earnings
results from Big Tech.

Gabrielle Fahmy reports from New York.

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Ye escorted out of Skechers office after arriving unannounced

The rapper Ye, formerly known as Kanye West, has been escorted out of the offices of shoemaker Skechers after arriving unannounced.


The incident comes after sportswear company Adidas terminated its relationship with the musician and fashion mogul over his recent antisemitic and racist remarks.


Our US correspondent Kate Fisher reports


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Swiss bank Credit Suisse to cut 9,000 jobs and seek billions in new investment

Credit Suisse is going to cut 9,000 jobs as it aims to create what it calls "a simpler and more focused" bank.

The Swiss lender is also seeking billions in new investment.

Ross Cullen reports.

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IEA blames Russia for causing "global energy crisis"

The International Energy Agency says Russia "sparked a global energy crisis", after invading Ukraine in February.

The IEA released its World Energy Outlook on Thursday / October 27, saying that the current energy crisis was "a shock of unprecedented breadth and complexity".

Ross Cullen reports.


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U.S. mortgage rates climb to 20-year high

Mortgage rates in the U.S. have jumped above 7 percent for the first time in 20 years.

The rapid rise in rates - which just a year ago were sitting at just over 3 percent - has ground the once-hot housing market to a near-standstill.

Toni Waterman has more.

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