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Bitcoin drops 5% to 3-month low as risky assets continue to be crushed

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Bitcoin Drops 5% To 3-Month Low As Risky Assets Continue To Be Crushed
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Ether has hugely outperformed bitcoin since the two cryptocurrencies bottomed in June 2022. Ether’s higher gains came as investors anticipate a major upgrade to the Ethereum blockchain called “the merger.”

Yuriko Nakao | Getty Images

Bitcoin fell to a three-month low on Monday as investors dumped risky assets amid higher interest rate expectations.

The world’s largest cryptocurrency fell 5% to an intraday low of $18,276, hitting its lowest level since June 19. Bitcoin is down 7.2% this month and on track for the second consecutive negative month after plunging 15% in August.

Ether is down a similar 5% to $1,281 each on Monday, hitting its lowest level since July 15. Ether is down 17% this month, on track to post its worst month since June.

Risk assets have come under massive pressure as the Federal Reserve is expected to stick to its aggressive tightening schedule. The central bank is widely expected to approve a third straight interest rate hike of 0.75 percentage points this week that would take benchmark rates to a range of 3% to 3.25%.

CNBC’s Gina Francolla contributed to this report.

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Democrats blame climate change for Hurricane Ian at odds with science, experts say

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Democrats Blame Climate Change For Hurricane Ian At Odds With Science, Experts Say
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Several experts contacted by Fox News Digital argued that there was not enough evidence to suggest that climate change caused Hurricane Ian or any individual natural disaster.

The expert comments come as a slew of media, Democrats and progressive commentators continue to blame the hurricane on man-made global warming. Hurricane Ian slammed into southwest Florida on Wednesday as a Category 4 storm, knocking out power to more than a million residents and prompting stern safety warnings from Florida officials.

“What they’re trying to do is politicize the pain and suffering of these people to promote their green agenda,” Gregory Wrightstone, executive director of climate policy think tank CO2 Coalition, told Fox News. Digital in an interview. “Well, their policies and program promoting renewable energy will result in far greater economic destruction for the country and for Florida.”

In the past few days, news outlets including The New York Times, Associated Press, Politico, NPR and Axios have run stories reporting that climate change is behind Hurricane Ian and the intensifying fast from the storm. A Time magazine article said “the science is well known” that climate change created the conditions for Hurricane Ian.

NASA: VIDEO OF HURRICANE IAN CAPTURED FROM SPACE STATION AS IT HITS FLORIDA

The city of Naples, Florida is pictured during Hurricane Ian on Wednesday.
(City of Naples)

Also, Sen. Amy Klobuchar, D-Minn., appeared to suggest that Americans should vote for Democrats to avoid future hurricanes during an interview Tuesday. Rep. Raja Krishnamoorthi, D-Ill., tweeted Thursday that “the rapidly intensifying storms we are seeing with Hurricane Ian will become more common and more dangerous” as the climate changes.

And a string of progressive commentators and climate activists have taken to social media to similarly link the hurricane to global warming.

MIDTERM CANDIDATES HOSTING RACES IN HURRICANE IAN’S PATH REACT TO DISASTING STORM

“Ian is a climate change hurricane,” Pam Keith, a former Democratic Senate candidate and founder of the left-leaning Center for Employment Justice, tweeted on Wednesday.

“[Hurricane Ian] is a classic example of the impact of climate change on people,” added Nina Turner, senior fellow at the progressive think tank Institute on Race, Power and Political Economy. “Climate change is not politics, it is reality.

However, Wrightstone and the other experts contacted by Fox News Digital dismissed those arguments, arguing that individual storms cannot be linked to climate change.

“If you read this [the National Oceanic and Atmospheric Administration (NOAA)] said about hurricanes, there just isn’t enough data,” Steve Milloy, senior legal officer at the Energy & Environment Legal Institute, told Fox News Digital.

“There is nothing to back up what they say,” he continued. “There were about 16 major hurricanes between 1916 and 1965, but only six since 1965. So clearly major hurricanes are happening with lower levels of carbon dioxide. That doesn’t matter to them.”

BIDEN SUGGESTS AMERICANS ARE NOT PROUD OF US IN DIVIDING FUNDRAISING SPEECH AS FLORIDA PUMPS BY HURRICANE IAN

A NOAA study last reviewed in July concluded that its models and analysis did not support the idea that greenhouse gas-induced warming is driving a sharp increase in the number of tropical storms or hurricanes. in the Atlantic. The study, authored by NOAA senior scientist Tom Knutson, added that it was “premature to conclude with great confidence” that the increase in human-made greenhouse gases had an impact on the world. hurricane activity in the Atlantic.

Jamie Rhome, acting director of NOAA’s National Hurricane Center, echoed the study’s findings in an interview with CNN on Tuesday, pushing back against presenter Don Lemon’s argument that Hurricane Ian’s intensification is related to climate change. Rhome said he would “warn against” associating a storm with climate change.

A Satellite Image Of Hurricane Ian Approaching The Florida Coast.

A satellite image of Hurricane Ian approaching the Florida coast.
(NOAA via Getty Images)

“Trying to blame global warming for Hurricane Ian not only defies scientific evidence – the clear weight of scientific evidence – but it is a despicable politicization of a real tragedy that requires our attention and focus on those negatively affected. “, James Taylor, the president of the conservative think tank Heartland Institute, said in an interview with Fox News Digital.

“These types of hurricanes existed before the invention of SUVs and coal-fired power plants,” Taylor added. “In fact, they were much more frequent and severe before coal-fired power plants and SUVs.”

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Wrightstone, who is also an expert reviewer for the United Nations’ Intergovernmental Panel on Climate Change (IPCC), added that the number of hurricanes this year has actually been lower than in previous years.

“The IPCC sees no correlation between warming temperatures and more hurricanes,” he told Fox News Digital. “And we’ve seen it this year. Until this hurricane, which is massive, the number of hurricanes was almost historically low.”

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Sensex rises 1200 points and Nifty50 above 17,100 after Rbi announces 50 bps rate hike

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Sensex Rises 1200 Points And Nifty50 Above 17,100 After Rbi Announces 50 Bps Rate Hike
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By CNBCTV18.com Sep 30, 2022, 2:23 PM STI (Update)

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SStock Market LIVE Updates: Indian equity benchmarks BSE Sensex and NSE Nifty50 opened on Friday with minor cuts before turning green after the Reserve Bank of India announced a 50 basis point hike in repo rates. The market will enter the October futures and options series after the Nifty50 fell 4% in the September series – its worst performance in a series since May 2022. This will hamper the world’s largest economy. Catch the latest updates on RBI policy updates with CNBCTV18.com’s blog.

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: Indian equity benchmarks BSE Sensex and NSE Nifty50 opened with minor cuts on Friday before turning green after the Reserve Bank of India announced a 50 basis point hike in repo rates. The market will enter the October futures and options series after the Nifty50 fell 4% in the September series – its worst performance in a series since May 2022. This will hamper the world’s largest economy. Catch the latest updates on RBI policy updates with CNBCTV18.com’s blog.

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Putin calls ‘unprecedented sabotage’ of Nord Stream pipeline an ‘act of international terrorism’

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Putin Calls 'Unprecedented Sabotage' Of Nord Stream Pipeline An 'Act Of International Terrorism'
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Russian President Vladimir Putin.Getty Images

  • Russian President Putin compares the damage caused by Nord Stream pipelines to “international terrorism”.

  • NATO said pipelines carrying natural gas from Russia to Europe have been sabotaged.

  • A Russian Foreign Ministry spokeswoman said the United States would benefit from the leaks.

Russian President Vladimir Putin called the “unprecedented sabotage” of the Nord Stream gas pipelines an “act of international terrorism”, according to a Kremlin statement on Thursday.

Putin made the comment during a phone call with Turkish President Tayyip Erdoğan, according to the reading.

Leaks on the main Nord Stream 1 and 2 pipelines carrying natural gas from Russia to Europe were first detected in Denmark’s Baltic Sea region on Monday. Other leaks have since been discovered, with Sweden announcing on Wednesday that it had detected a fourth leak.

The North Atlantic Treaty Organization (NATO) said in a statement on Thursday that the damage was the “result of deliberate, reckless and irresponsible acts of sabotage”. He threatened to retaliate, stating, “Any deliberate attack on Allied critical infrastructure would be met with a united and determined response.”

The charges continue, with Kremlin spokesman Dmitry Peskov saying the damage to Nord Stream appeared to be caused by state-sponsored terrorism, Reuters reported on Thursday.

“It looks like an act of terrorism, possibly at the state level,” Peskov said, according to Reuters. “It is very difficult to imagine that such an act of terrorism could have happened without the involvement of any state.”

Russian Foreign Ministry spokeswoman Maria Zakharova told a pro-Kremlin online broadcast on Thursday that the United States would benefit from the leaks because it would be able to export more liquefied natural gas if the pipelines could not operate, according to Reuters.

The leaks occurred in areas “fully under the control of US intelligence,” Zakharova told Soloviev Live, according to the news agency. “It happened in the trade and economic areas of Denmark and Sweden. There are NATO-centric countries,” Zakharova said. She did not provide evidence for this claim, according to Reuters.

Denmark is a member of NATO, while Sweden has applied to join the political and military alliance.

Zakharova also demanded an explanation from President Joe Biden on “whether the US followed through on its threat” to “terminate #Nordstream”, the Russian Foreign Ministry tweeted. September 28.

She was referring to Biden’s Feb. 7 statement that the Nord Stream 2 gas pipeline would be disrupted if Russia invaded Ukraine.

White House press secretary Karine Jean-Pierre said at a press briefing on Wednesday that Biden was referring to the Nord Stream 2 not starting to operate and dismissed claims that states United States is believed to be responsible for the leaks, according to an official transcript.

“The president said NS2 would not become operational and we would work with Germany on that,” Jean-Pierre said. “And he was right, because Germany took the decision in February to freeze him, which was widely reported by all of you. And so that’s what the president was talking about at the time.”

The Nord Stream 2 never began commercial operations because Germany suspended the project in February, days before Russia invaded Ukraine on February 24.

Read the original article on Business Insider

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Tom Brady: Tampa Bay Buccaneers quarterback and team owners to donate to Hurricane Ian relief efforts

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Tom Brady: Tampa Bay Buccaneers Quarterback And Team Owners To Donate To Hurricane Ian Relief Efforts
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Tampa Bay Buccaneers quarterback Tom Brady and team owners, the Glazer family, both announced Thursday that they will be making donations to Hurricane Ian relief efforts.

Hurricane Ian made landfall along the southwest coast of Florida near Cayo Costa as a powerful Category 4 storm on Wednesday. It strengthened in the Atlantic after killing at least 19 people in Florida and leaving millions without power, driving winds of nearly 85 mph on its way to the South Carolina coast.

Brady said in a Posting on Twitter“Happy was able to go home Sunday night, but so many people in Florida won’t be able to do the same.

“I will donate to the Florida Disaster Fund to get things started, and I hope the rest of the NFL family in our state follows suit.”

The Glazer family will donate $1 million allocated to “organizations that provide support to those most affected by the storm in Southwest Florida and across the state.

“The destruction experienced in Southwest Florida and the damage inflicted across our state will be felt for some time to come,” Bucs co-owner Darcie Glazer Kassewitz said in a statement. “It will take whole communities working together resiliently for an extended period and our family is committed to helping the recovery.

“Our thoughts and prayers are with the countless people affected, the heroic first responders and all those helping to keep others safe.”

The Bucs moved football operations to Miami, South Florida earlier this week in the wake of the storm. Earlier Thursday, the Buccaneers announced Sunday night’s home game against the Kansas City Chiefs would be played as scheduled at Raymond James Stadium in Tampa.

Brady, 45, spoke of the positive impact hosting Sunday’s game in Tampa could have had on the sport’s unifying ability.

“I always feel like sports have brought people together over a long period of time,” the seven-time Super Bowl champion told the media. “Looking at different adversities, whether it’s 9/11 or Katrina, sport has an amazing way of healing wounds and bringing people together and bringing communities together and starting to encourage a common interest for the common good.”

He added: “I think anytime you can be a part of things like that it’s a great feeling. I know it means a lot to us to always have the opportunity to come out and play for our fans. But after what so many people have been through in the state, it’s great to go out there and give them something to cheer about.

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Worst apartment ever? | Post Poppin’ with Asia Grace (Video)

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Worst Apartment Ever? | Post Poppin' With Asia Grace (Video)
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The typical New York landlord doesn’t give a fuck. That’s what TikToker Trina Rose learned the hard way when she encountered rats and cockroaches — and major flooding — in her $3,000-a-month apartment in Brooklyn.

You won’t catch Asia Grace from the Post picking up dead vermin. She called the trendy Williamsburg pad “disgusting” and “uninhabitable”. Worse still, Rose’s “greedy bastard” landlord raised the rent by $800 a month and then put the apartment up for sale for $4,700, she claims.

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Newcastle confirm deal to sign Garang Kuol from Central Coast Mariners in January as Magpies beat Barcelona against wonderkid who moved to Australia as a refugee

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Australian Teenager Kuol Agreed To Sign For Newcastle In January
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Newcastle United have announced that they have reached an agreement to sign much-loved teenager Garang Kuol, who will join the Premier League club in January.

The 18-year-old currently plays for Australian side Central Coast Mariners but the Magpies moved quickly to sign him ahead of a queue from top European clubs.

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Australian teenager Kuol agreed to sign for Newcastle in January

Kuol Is Highly Rated And Was Also Wanted By Barcelona

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Kuol is highly rated and was also wanted by Barcelona

Kuol, who recently made his senior international debut for the Socceroos, arrived in the north east on Wednesday to sign the terms, with Newcastle announcing the deal will become official in January 2023 when the transfer window opens.

Speed ​​was key for Eddie Howe, with the Daily Mail reporting that Stuttgart had already made an offer, while Barcelona wanted him on a two-year loan.

He is believed to cost around £300,000 and complete an initial loan spell after joining Newcastle.

Kuol’s family is from Sudan, but fled to Egypt, where Garang was born in 2004.

The family lived in Egypt for a year before moving to Australia as refugees.

Her father, Mawien, and her mother, Antonita, worked as dry cleaners, while Antonita also had a job as a seasonal worker in a fruit factory.

Kuol Made His International Debut Against New Zealand This Week

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Kuol made his international debut against New Zealand this week


And he is now on his way to becoming a Premier League player, as he told his new club’s official website: “It’s unreal.

“As a young boy in Australia, the Premier League is the main thing that everyone watches, but no one really thinks they’ll reach those heights. To be one of those people, to be in the position that I’m in, that’s It’s incredible.

“Now that I’ve signed for Newcastle I want to train hard, play hard, hopefully go to the World Cup and come back here.”

Kuol made his A-League debut for the Central Coast Mariners in April, scoring four goals in his first eight games.

He thrived under the tutelage of Nick Montgomery – the former Sheffield United midfielder.

Kuol made his debut for the Australian national in a friendly against New Zealand during the recent international break.

He was also selected in the 2022 A-League All Stars squad which faced Barcelona in front of over 70,000 spectators in Sydney earlier this year.

And now that he has completed his move to Newcastle, he has followed in the footsteps of his older brother, Alou, who joined Stuttgart last year.

Newcastle United sporting director Dan Ashworth said: “Garang is a very promising young talent and we are delighted that he will continue his development as a Newcastle United player.

“Our philosophy is to invest in our Academy and in exciting young players for the future, as well as players needed to make an immediate impact in the first team.

“We wish Garang well in his remaining matches with the Central Coast Mariners and we hope to see him back on the international stage very soon.”

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Newcastle Confirm Deal To Sign Garang Kuol From Central Coast Mariners In January As Magpies Beat Barcelona Against Wonderkid Who Moved To Australia As A Refugee

At talkSPORT we’re powered by fans, so come join us for the ultimate World Cup fan experience this winter – in the talkSPORT fan zone.

In a huge covered room under the arches of Waterloo in London, we will bring you live screenings of every World Cup game.

There will be Q&A with talkSPORT talent, you’ll be part of our live shows and plenty of food and drink will be on offer too.

Come and have the best World Cup fan experience in London – and enjoy a free pint – with tickets for the England and Wales group stage matches on sale now HERE!

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