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How Donald Trump's election lies cost Fox News $1 billion | Four Corners

In a shocking twist to one of the biggest defamation trials in US history, Fox News has agreed to pay Dominion Voting Systems more than AUD $1 billion over allegations the network spread misinformation about the 2020 US election. Donald Trump’s outlandish claims the election was rigged have been a legal nightmare for Fox News. As this case wraps up, several others continue against the…

Facing its worst economic crisis, Pakistan reaches draft deal for critical US$3 billion IMF bailout

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Read more on this: https://sc.mp/29qg Pakistan has reached a draft deal for US$3 billion in financial aid from the International Monetary Fund (IMF) after an 8-month delay, the IMF announced on June 30, 2023. The decision was long awaited by the South Asian nation, which has been teetering on the brink of default while struggling with…

Thousands of jobs at risk after UBS’ US$3.2 billion takeover of Credit Suisse

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Tens of thousands of jobs are at risk following UBS’s US$3.25 billion rescue of Credit Suisse. The merger between the long-time Swiss rivals was brokered by the Swiss National Bank, the country’s central bank, over the March 18-19, 2023, weekend to stave off a developing international banking crisis. UBS officials said it was still too early…

Exiled Chinese tycoon Guo Wengui arrested in the US over fraud charges worth US$1 billion

Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube Fugitive Chinese businessman Guo Wengui was arrested in New York on March 15, 2023, over allegations that he conspired to defraud thousands of online followers out of more than US$1 billion. The 52-year-old self-described billionaire is known for his criticisms of China’s Communist Party and his association with Steve Bannon, a one-time adviser to former US…

US Credit Card Debt Reaches 18.5%, Hits Record $930.6 Billion

Inflation in combination with rising interest rates are leading more Americans to spend borrowed money on necessities like food and rent. This week, the Federal Reserve increased interest by a quarter of a point; however, the recent hike is more modest than previous raises, and marks the eighth hike since March of 2022. The post US Credit Card Debt Reaches 18.5%, Hits Record $930.6 Billion…

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