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Commodity prices surge and shares sink as US discusses Russia oil ban

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Commodity prices surge and shares sink as US discusses Russia oil ban

Commodity costs surged as international shares bought off and the euro sank after the US introduced it was discussing a ban on oil imports from Russia with European companions.

Worldwide benchmark Brent rose as excessive as $139.13 a barrel, up about 18 per cent from Friday’s closing degree and touching its highest degree since 2008, whereas US marker West Texas Intermediate climbed as a lot as 12.8 per cent to $130.50.

The surge in oil costs got here after US secretary of state Antony Blinken stated Washington was in “very lively discussions” with European allies. Nancy Pelosi, US Home Speaker, additionally stated Congress was “exploring” laws to ban the import of Russian oil.

Restrictions on Russian oil would mark a significant escalation within the west’s response to Moscow over its invasion of Ukraine and a pointy reversal by the White Home, which had not too long ago rejected calls to broaden sanctions over the specter of spiralling costs.

“The world may be very unprepared for this shock” stated Robert Rennie, international head of market technique at Westpac. He stated it was unclear if a US ban would cowl solely oil or all Russian power imports, however stated the latter would have a “catastrophic impression” on power costs.

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The potential of sanctions hitting the power market has jolted international commodity costs. Palladium, a key part for catalytic converters in automobiles, jumped greater than 5 per cent to a file excessive of $3,165.38 an oz..

In Chinese language markets, iron ore futures rose as a lot as 7.6 per cent to Rmb874.50 ($138.53) a tonne whereas metal futures jumped as a lot as 4 per cent to Rmb5,076 a tonne and nickel rose nearly 8 per cent to a file excessive of Rmb203,140 a tonne.

Fairness markets throughout Asia bought off on the prospect of sharply larger power costs. Hong Kong’s Grasp Seng led the area decrease with a fall of just about 4 per cent, whereas Japan’s benchmark Topix index shed 3.4 per cent and South Korea’s Kospi fell 2.3 per cent. China’s CSI 300 index fell 2 per cent.

Futures pointed to sharp falls for European equities, with the Euro Stoxx 50 tipped to fall 3.6 per cent and the FTSE 100 anticipated to fall 3 per cent. The S&P 500 was set to dip 1.6 per cent when buying and selling begins on Wall Road later within the day.

Merchants dumped riskier property in favour of sovereign debt, pushing yields decrease. The yield on the 10-year US Treasury fell 0.06 proportion factors to 1.67 per cent.

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Traders additionally sought security within the greenback, sparking falls for a bunch of currencies. The euro fell nearly 1 per cent to $1.08 whereas the Australian greenback fell about as a lot to $0.74. Sterling was down 0.2 per cent at $1.32.

Unhedged — Markets, finance and robust opinion

Robert Armstrong dissects crucial market developments and discusses how Wall Road’s greatest minds reply to them. Enroll right here to get the publication despatched straight to your inbox each weekday

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Read Blake Lively’s Complaint Against Wayfarer Studios

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Read Blake Lively’s Complaint Against Wayfarer Studios

187. The significant spike in the volume of negative sentiments toward Ms. Lively,
included notable spikes on approximately August 8 and 14, 2024, and continued to trend mostly negative
Net Volume of Positive and Negative Mentions of Blake Lively
June 14, 2024 – December 19, 2024
2
3
for the remainder of 2024:
4
5
4,000
2,000
6
0
7
-2,000
-4,000
8
-6,000
-8,000
10,000
10
12,000
11
12
5/Jul/24
14/Jun/24
21/Jun/24
28/Jun/24
12/Jul/24
188.
13
14
August 10, 2024.
189.
15
19/Jul/24
26/Jul/24
2/Aug/24
T
9/Aug/24
16/Aug/24
23/Aug/24
6/Sep/24
30/Aug/24
13/Sep/24
20/Sep/24
27/Sep/24
4/Oct/24
11/Oct/24
18/Oct/24
25/Oct/24
1/Nov/24
8/Nov/24
15/Nov/24
22/Nov/24
29/Nov/24
6/Dec/24
13/Dec/24
Indeed, as noted above, TAG itself noted a shift due to their efforts as early as
16
As of that date, the sentiment towards Ms. Lively turned toxic, with a sudden
increase in negative comments including hypersexual content and calls for Ms. Lively to “go fuck”
17 herself.55
18
19
20
20
190. Nearly decade-old interviews of Ms. Lively were surfaced, commenting on her
tone, her posture, her diction, her language. 5
56
21
22
23
24
24
25
26
27
28
55 @pocketsara, X post, https://x.com/pocketsara/status/1824146308707291152, (Aug. 15, 2024) (“Blake Lively is a cunt”)
@imtotallynotmol, X, Aug. 15, 2024 (“You’re a piece of shit, genuinely go fuck yourself”); FluffyPinkUnicorn VII, Reddit
post, https://www.reddit.com/r/DListedCommunity/comments/1escnuy/blake_lively_getting_criticized_over_press_tour/,
(Aug. 14, 2024) (“Bottled blonde + long legs + fake tits – (brains, judgement, & humility) = Blake Lively”); KettlebellFetish
Reddit
post,
(Aug.
https://www.reddit.com/r/DListed Community/comments/1escnuy/blake_lively_getting_criticized_over_press_tour/,
14, 2024) (“Even with the nose job, she’s such a butterface, great body, hair, but odd face and that body would be so easy to
dress, just a dream body, and nothing fits right, odd clashing colors, just tacky.”); Creative_Ad9660, Reddit_post,
https://www.reddit.com/r/DListed Community/comments/1escnuy/blake_lively_getting_criticized_over_press_tour/, (Aug.
15, 2024) (“Boobs Legsly”); @chick36351, X post, (Aug. 16, 2024) (“Well Blake I a bitch.. She always has been, nice to see
people realize it now… Also WAY too much plastic surgery..”); @Martin275227838, X post,
https://x.com/LizCrokin/status/1824618500431724917, (Aug. 17, 2024) (“@blakelively is a pedophile supporting bully . . .”);
@ZuperGoose, X post, (Aug. 17, 2024) (“Liz tag the bitch @blakelively Blake = pedo”); @myopinionmyfact, X post, (Aug.
22, 2024) (“…@blakelively YOU ARE SUCH A BITCH! What a horrible rude bitch you are. I cannot believe somebody
fucked u, made a kid with u, married u and now has to be stuck with your bitch ass. OMG LMAO I would run!”).
56 Beth Shilliday, Blake Lively Taking a Social Media Break After Being Labeled a ‘Mean Girl’ Amid ‘It Ends With Us’
Backlash, Yahoo Entertainment (Sept. 5, 2024, 8:04) https://www.yahoo.com/entertainment/blake-lively-taking-social-media-
57

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WhatsApp wins legal victory against NSO Group in Pegasus hacking case

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WhatsApp wins legal victory against NSO Group in Pegasus hacking case

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WhatsApp has prevailed against Israeli spyware maker NSO Group in a US lawsuit over NSO’s abuse of the messaging app to enable the infiltration of the phones of journalists, activists and dissidents with its Pegasus hacking tool. 

A judge in the Northern District of California ruled on Friday that NSO breached hacking laws and the terms of its service agreement with WhatsApp by using the messaging platform to inject more than 1,000 devices with its Pegasus spyware. 

The ruling in the civil case did not address the rights of the individuals whose phones had been hacked, but it hands a victory to technology groups seeking to prevent their platforms from being abused by groups targeting their users.

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It is also a win for Apple, Amazon and other tech giants that supported WhatsApp’s case. 

“The court finds no merit in the arguments raised” by NSO Group, judge Phyllis Hamilton ruled. The summary judgment means an upcoming trial will cover only the question of damages, rather than whether NSO can be held liable for its actions.

“After five years of litigation, we’re grateful for today’s decision,” WhatsApp said. “NSO can no longer avoid accountability for their unlawful attacks on WhatsApp, journalists, human rights activists and civil society.” 

NSO Group did not immediately respond to a request for comment. 

Pegasus can read encrypted messages stored on a phone, turn on its camera and microphone remotely and track its location. Its use has been tied to human rights abuses and the US Department of Commerce has blacklisted the Israeli company. 

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The legal case was launched after a 2019 Financial Times report that coincided with WhatsApp’s discovery that its services had been hacked by NSO and Pegasus. 

The ruling said NSO Group did not dispute that it “must have reverse-engineered and/or decompiled the WhatsApp software” in order to hack phones, but had raised the possibility that it did so before agreeing to WhatsApp’s terms of service. 

However, the judge found, “common sense dictates that [NSO] must have first gained access” to the WhatsApp software and NSO had offered “no plausible explanation” for how it could have done so without agreeing to the terms of service. It ruled in favour of WhatsApp’s claim that NSO had violated federal and state hacking laws. 

The judge also found that NSO had “repeatedly failed to produce relevant discovery”, including in relation to the Pegasus source code.

“This sets a precedent that will be cited for years to come,” said John Scott-Railton, a researcher at the University of Toronto’s Citizen Lab who has investigated the use of Pegasus. 

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“This is the most-watched case about mercenary spyware and everyone is going to take note. I predict this will have a chilling effect on other shady spyware companies’ efforts to enter the US market, and investors’ interest in backing their hacking,” he said.

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Video shows scene outside mall after man drives car through store striking customers | CNN

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Video shows scene outside mall after man drives car through store striking customers | CNN

Video shows scene outside mall after man drives car through store striking customers

Texas Department of Safety Sgt. Bryan Washko says a man drove into a Texas mall after a 19-mile police pursuit, striking four people before he was fatally shot by responding law enforcement officers.

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