Social Financial News

Recently, I watched a chat with Lieutenant General Kanwal Jeet Singh Dhillon in which he described an unusual situation. His wife had heard of his death, mistakenly, not once but twice in his career. When it happened the second time, he was a commanding officer in Kashmir and his family lived in a military station near Ranikhet in Uttarakhand.

Coinbase executives have offered to help the U.S. Securities and Exchange Commission (SEC) following the Monday hack of the federal agency’s account on X. 

The U.S. Securities and Exchange Commission said its account on social network X was “compromised,” leading to a spike in the price of Bitcoin and raising fresh questions about X’s reliability as a source of information and the strength of its security practices.

Real Estate Regulatory Authority (HARERA), has advised the real estate buyers to not book properties in projects that are not registered with RERA. The authority said sale and purchase of properties in unregistered real estate projects is not allowed under the RERA Act of 2016. «If any person is facilitating sale purchase in unregistered projects through advertisement or by any other means that is a violation of the Act,» said the authority. The authority said that promoters should discourage advertising their projects before RERA registration as it is an offence and punishable under the law.

Through more than eight years since Justin Trudeau named his first Liberal cabinet on Nov. 4, 2015, Canada’s economic and social trajectory has been steadily downward, a trend that was entirely predictable.  I can say this … because I predicted it.

Investing.com -- U.S. stock futures were mostly higher on Wednesday with crucial inflation data out of the world's economy coming later this week. Elsewhere, the price of Bitcoin swings wildly following a false post on the Securities and Exchange Commission's account on social media platform X, while Boeing's (NYSE:BA) chief executive admits that a mid-air fuselage breach last week was the planemaker's «mistake.»

Indian Prime Minister Narendra Modi posted a series of photos on social media last week showing him snorkeling, strolling on a white-sand beach and lounging in a chair next to turquoise waters in Lakshadweep, an island chain in the Indian Ocean. It was an “exhilarating experience," he wrote on X, formerly Twitter, as he peppered with praise the pristine lesser-known and remote Indian archipelago his government believes has untapped potential for tourism. The images were met with awe by Indians on social media, particularly Modi’s supporters.

Investing.com — Social media platform X said on Wednesday that the Securities and Exchange Commission’s account was compromised when it made a fake post about the regulator approving a spot Bitcoin exchange-traded fund. 

Fireboltt expects its new Android wristphone, a combination of a smartwatch and smartphone, to contribute around 30 per cent of its revenue from wearables. The company launched the sale of the 4G LTE nano SIM-enabled Dream wristphone on Wednesday. The device has the capabilities of a smartphone in a compact smartwatch design, providing all key functions like calling, messaging and social media apps like YouTube and WhatsApp.

A strategic partnership has been announced between Smartleaf Asset Management, the RIA subsidiary of Smartleaf, and Clearstead Advisors.

International Labour Organisations has projected the global unemployment rate a tad higher at 5.2% in 2024 compared to 5.1% in 2023 and said that working poverty will persist while the income inequality will widen, suggesting a need for greater social justice for a sustainable recovery. In its World Employment and Social Outlook Trends: 2024 report, released on Wednesday, the ILO said labour markets have shown surprising resilience despite deteriorating economic conditions, but recovery from the pandemic remains uneven as new vulnerabilities and multiple crises are eroding prospects for greater social justice. According to the report, both the unemployment rate and the jobs gap rate, which is the number of persons without employment who are interested in finding a job, have fallen below pre-pandemic levels with the unemployment rate at 5.1% last year compared to 5.3% in 2022. “However, beneath these numbers fragility is starting to emerge,” it said, projecting that both the labour market outlook and global unemployment will worsen. “In 2024 an extra two million workers are expected to be looking for jobs, raising the global unemployment rate from 5.1% in 2023 to 5.2%.” As per the report, disposable incomes have declined in the majority of G20 countries and, generally, the erosion of living standards resulting from inflation is, “unlikely to be compensated quickly”. Pointing towards the differences between higher and lower income countries, ILO said the jobs gap rate in 2023 was 8.2%t in high-income countries while it stood at 20.5% in the low-income group.

Mohamed bin Zayed Al Nahyan addressed the Vibrant Gujarat Global Summit 2024 on Wednesday. The President's speech signified UAE's strong ties with India and PM Modi. Following his speech, the Prime Minister in a post on social media platform X, lauded the UAE President and said that his statements were very encouraging.

By Ankur Banerjee

The U.S. Securities and Exchange Commission said Tuesday that a post sent from the agency’s account on the social platform X announcing the approval of a long-awaited bitcoin exchange-traded fund was “unauthorized,” and that the agency’s account was hacked.

A live broadcast by Ecuadorean television station TC was interrupted on Tuesday by armed people, with gunshots and yelling heard on a live feed, as President Daniel Noboa issued a decree declaring 22 gangs as terrorist organizations.

AP. Donald Trump'sattorneys presented arguments that presidents have immunity from prosecution for official business. To a panel of three federal judges, Trump's lawyers said, “It’s the opening of a Pandora’s box and it’s a very, very sad thing that’s happened with this whole situation." Trump pointed out that during Obama administration drone strikes in the Middle East, a US citizen was killed who was identified as a leader of the terrorist group al-Qaida and that man's 16-year-old son is also a US citizen.

26 January Republic Day Parade, scheduled to be held in national capital Delhi. On Tuesday Karnataka Chief Minister Siddaramaiah took to microblogging platform X to hit out at Indian government by accusing them of ‘denying’ the Karnataka tableau because ‘there is Congress government’ in the state.

Instagram's parent company Meta on Tuesday announced that it is including security measures to the accounts of teen users for protecting them from content that is age-inappropriate from the search results as well as the explore pages on Facebook and Instagram. Further, it will notify the teens to update their privacy settings. This comes amidst the lawsuits from states surrounding child safety and an approaching hearing before the Senate. The social media platform will be removing content around suicide, eating disorders, and self-harm, from the accounts of the teen users on Facebook and Instagram. This will be followed even if such content is being shared by a user whom they follow. Meta has further added that though 'self-harm' content can help to reduce the stigma around these issues, it is a rather complicated topic and is not suitable for all young people.

TikTok has restricted one tool researchers use to analyze popular videos

The year just beginning could be a watershed, with turning points in politics, economics and culture, provided common sense and moral clarity prevail both here and abroad.

Narendra Modi held a 3 km-long roadshow from Sardar Vallabhbhai Patel Airport to Gandhinagar, along with UAE president Mohamed bin Zayed Al Nahyan, on Tuesday. Nahyan is in Ahmedabad to attend the tenth edition of Vibrant Gujarat Global Business Summit, which will start on Wednesday.