TikTok halts e-commerce service in Indonesia following ban
TikTok Indonesia said it will end transactions on its e-commerce marketplace by Thursday, in order to comply with new local regulations. The announcement comes after the Indonesian ministry of trade last week set a one-week deadline for TikTok to become a standalone app, without any e-commerce feature, or risk being shut down. “Our priority is to […]
Billionaire Bernard Arnault hits back at ‘absurd’ and ‘senseless’ money laundering allegations
Billionaire LVMH CEO Bernard Arnault has hit back at allegations of money laundering, after the Paris prosecutor’s office confirmed it is investigating financial transactions between Arnault and Russian oligarch Nikolai Sarkisov. The prosecutor’s office confirmed Friday that a preliminary investigation had been underway since 2022 and that a report from France’s Tracfin financial intelligence unit relating to an Alpine […]
Trump’s Fraud Trial in New York: The Legal Proceedings Commence
On Monday, a civil fraud trial against former President Donald Trump, as well as his sons Eric and Don Jr., commenced in New York, adding another layer of legal jeopardy to the former president’s already turbulent post-presidential life. This trial threatens not only Trump’s reputation but also his business empire. Simultaneously, he faces an array […]
Arrest Made in Tupac Shakur’s Murder
Twenty-five years after the tragic murder of iconic rapper Tupac Shakur, a major development has taken place in the case. Duane “Keffe D” Davis, now 60 years old, has been charged with Shakur’s murder, an incident that came to symbolize the violence associated with gangsta rap as it surged into the mainstream. This arrest follows […]
Sam Bankman-Fried opposes Ukraine FTX victim testifying remotely, lawyers tell trial judge
Sam Bankman-Fried does not approve of prosecutors’ request to allow a Ukraine-based FTX customer to testify remotely in the criminal trial, which is set to start on Tuesday. In a court filing Saturday, prosecutors asked Judge Lewis Kaplan for permission to include witness testimony via two-way video teleconference, though Bankman-Fried’s defense said it “does not consent” to it. The FTX customer in question, […]
Tragic Spanish Nightclub Fire Claims 11 Lives
Tragedy struck the southeastern Spanish city of Murcia on a somber Sunday when a devastating blaze tore through a nightclub, claiming the lives of at least 11 people. As the city grapples with this heart-wrenching incident, rescue workers are painstakingly sifting through the debris, and forensic and judicial police experts have been summoned to investigate […]
Power Moves for the Elections
The Conservative Party of Britain is gathering this weekend for its annual conference in Manchester, northwest England. Prime Minister Rishi Sunak is at the forefront of this event, striving to rejuvenate the party’s waning popularity as they brace themselves for an upcoming general election, which they are currently projected to lose to the Labour opposition. […]
Syrian Beekeeping’s Fight Against War and Climate Change
Syrian beekeeper Ibrahim Damiriya, facing immense challenges in producing honey from his hives on arid lands near Damascus, reflects the dire impacts of years of conflict, economic turmoil, and the worsening consequences of climate change. As he dons his beekeeping suit and peers into his scanty honey stocks within the hives, the 62-year-old laments, “The […]
Russia’s Economic Growth Defies Expectations This Year
The European Bank for Reconstruction and Development (EBRD) has made a significant revision to its economic outlook for Russia in 2023, reflecting the complex interplay of factors affecting the nation’s economic landscape. Initially, the EBRD had projected a contraction of Russia’s economy by 1.5 percent in May of the same year. However, in its recent […]
Amazon’s Alleged Illegal Monopoly Shaping the Online Retail Landscape
The Federal Trade Commission (FTC) and 17 states have recently filed a lawsuit against Amazon, one of the world’s largest e-commerce companies. This lawsuit alleges that Amazon has been operating an illegal monopoly by engaging in practices that stifle potential competitors. FTC Chair Lina Khan asserts that Amazon has utilized punitive and coercive strategies to […]
