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UK inflation unexpectedly rises despite sharp fall in fuel prices | Inflation

UK inflation unexpectedly rose to 4.0% in December, complicating expectations that the Bank of England would start cutting interest rates. The Office for National Statistics said the annual inflation rate, as measured by the Consumer Price Index (CPI), rose from 3.9% in November, halting the recent sharp decline. Economists in the city had predicted a […]

Israel kills 4 militants crossing northern border as threat of Hezbollah war rises

The Israeli army said on Sunday that it had killed four militants who were attempting to cross Israel's northern border from Lebanon. The incident comes as tensions between Israel and Hezbollah, an Iran-backed terrorist group active in Lebanon, continue to rise. IDF soldiers patrolling near the border encountered the militants and immediately began firing on […]

Bitcoin Price Rises With ETF Speculation at Fever Pitch – Barron's

Bitcoin and other cryptocurrencies fell on Friday as the industry fixated on the possibility of approval of an exchange-traded fund (ETF) related to physical trading of Bitcoin. Bitcoin fell 1.5% in the past 24 hours to $43,450. After briefly climbing above $45,000, the largest cryptocurrency now appears to be back in the $42,000-$44,000 trading range […]

Retailers Warn of Shortages and Price Rises

One of Britain's biggest retailers has warned of possible stock shortages this year, with plans to cut prices on bulk-produced imports as continued strikes in the Red Sea delay arrivals and soar transport prices. He said it would be cancelled. Next, the UK's largest clothing retailer with more than 500 stores in the UK and […]

A.I. Rises, Infrastructure in Peril, Hackers Learn to ‘Live Off the Land’

National Security Agency (NSA) released The 2023 Cybersecurity Report, released on December 19, found that China and Russia remain exposed to huge cyber threats, the promise and dangers of artificial intelligence (AI) increase, and cyber threats to critical infrastructure become more prevalent. We look back on a year in which the situation was alarming. The […]