THREAD: market soars cor predicts rise
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News Timeline
TRAGIC STABBING Spree at London Market Shocks Community
— A stabbing spree at East Street Market in south London left one dead and two injured on Sunday morning. Police arrested a man in his 60s at the scene. While they have not shared details about the suspect or his motives, they do not believe it is terror-related, hinting that mental health issues might be involved.
Witnesses described a chaotic scene as the attacker randomly targeted people. An unnamed fabric seller said, “I just saw a bloke running through the market stabbing people willy-nilly.” The attack happened around 10:30 am when the market was getting busy.
The witness immediately called police after seeing two men stabbed, noting one appeared severely injured. Emergency services quickly arrived but sadly, one victim died from injuries despite their efforts.
The investigation continues as authorities work to understand what led to this tragic event and ensure community safety moving forward.
HARRIS ENTERS 2024 Race: National Security Fears Rise
— Kamala Harris has entered the race for the White House following President Biden’s announcement that he will not seek re-election. This sudden shift has raised alarms among national security experts who worry that adversaries like Russia, China, and Iran may exploit the “chaos” to their advantage.
These nations have shown little outward reaction to Biden’s withdrawal, but concerns remain high about potential changes in U.S. force posture abroad. Kremlin spokesperson Dmitry Peskov mentioned that Moscow was “not very surprised” by Biden’s decision and emphasized Russia’s focus on its military operations in Ukraine.
With four months until the elections, much can change, making it crucial for America to stay vigilant and monitor developments closely. The Democratic Party now faces the challenge of building a strong platform against Republican candidate Donald Trump amid these geopolitical tensions.
SENIOR CITIZEN Soars Skyward: Security Shutter in Wales Store Lifts Woman Off Ground
— In an unusual turn of events, Anne Hughes, a 71-year-old woman, found herself lifted off the ground when her coat became entangled with a security shutter outside a store in Wales.
Hughes, who works as a cleaner at the Best One shop near Cardiff, was caught off guard when her coat snagged and she was hoisted into the air. “I thought “flipping heck!”” said Hughes. A quick-thinking colleague came to her aid and helped her down after she spent 12 seconds suspended mid-air.
Despite the odd incident, Hughes managed to retain her sense of humor about it all. She expressed relief that she hadn’t landed face-first and even joked that such an event could only happen to her.
The store seized this unexpected opportunity by using the footage for online promotion with a humorous caption about their deals and staff members’ antics. The video clip was shared on social media platform X with this playful tagline: "Don’t hang about like Ann, come down to Best One for unbeatable deals! The only thing going up in our shop is our staff — not our prices!
UAW STRIKE Ends: Ford’s Unprecedented 30% PAY Rise Could Shake Up Detroit Automakers
— The United Auto Workers (UAW) union has reached a tentative contract agreement with Ford. This development could signal the end of the nearly six-week-long strikes that have rocked Detroit automakers. However, this four-year deal still needs approval from Ford’s 57,000 union members.
The agreement could shape future negotiations with General Motors and Stellantis, where strikes are ongoing. UAW has urged all Ford workers to resume work, hoping to pressure GM and Stellantis into bargaining. More details on how this strategy will be implemented are expected soon.
In a video address, UAW President Shawn Fain announced that Ford offered a wage increase of 50% more than before the strike started on September 15th. UAW Vice President Chuck Browning, who served as the chief negotiator with Ford, disclosed that workers would see an overall wage increase of 25%. This would push the total pay rise over 30%, resulting in top-tier assembly plant workers earning above $40 per hour by contract’s end.
Before this agreement, all three automakers had suggested a pay rise of just 23%. Under the new deal, assembly workers will receive an immediate raise of 11% upon ratification — nearly matching all wage increases since 2007.
UK Immigration Policy DISCONTENT Soars to RECORD High: Britons Demand Change
— A recent study conducted by Ipsos and British Future has unveiled a significant rise in public dissatisfaction with the UK government’s immigration policy. The survey reveals that a staggering 66% of Britons are dissatisfied with the current policy, marking the highest level of discontent since 2015. Conversely, a mere 12% expressed satisfaction with how things stand.
The discontent is widespread, cutting through party lines but for varying reasons. Among Conservative voters, only 22% were satisfied with their party’s performance on immigration issues. A majority of 56% expressed dissatisfaction, while an additional 26% were “extremely unhappy”. In contrast, about three-quarters (73%) of Labour supporters disapproved of the government’s handling of immigration.
Labour supporters primarily voiced concerns about creating a “negative or fearful environment for migrants” (46%) and “poor treatment towards asylum-seekers” (45%). On the other hand, an overwhelming majority (82%) of Conservatives criticized the government for its inability to curb illegal Channel crossings. Both parties identified this failure as a top reason for their dissatisfaction.
Despite assurances from Prime Minister Rishi Sunak’s administration that their policies have made an impact, migrant crossings have seen only slight reduction from last year’s record-setting pace. Over one weekend alone witnessed more than 800 individuals making this dangerous journey
FTSE 100 Hits RECORD High of Over 8,000 Points
— The UK’s blue chip stock index surpassed 8,000 points for the first time in history as the pound plummets in value.
BULLISH on Bitcoin: Crypto Market ERUPTS in January as FEAR Turns to GREED
— Bitcoin (BTC) is on track to have the best January in the last decade as investors turn bullish on crypto after a disastrous 2022. Bitcoin leads the way as it approaches $24,000, up a massive 44% from the beginning of the month, where it hovered around $16,500 a coin.
The broader cryptocurrency market has also turned bullish, with other top coins such as Ethereum (ETH) and Binance Coin (BNB) seeing substantial monthly returns of 37% and 30%, respectively.
The upturn comes after last year saw the crypto market plunge, fueled by fears of regulation and the FTX scandal. The year shredded $600 billion (-66%) from Bitcoin’s market cap, ending the year worth only a third of its 2022 peak value.
Despite the ongoing concerns of regulation, the fear in the market looks to be shifting to greed as investors take advantage of bargain prices. The rise may continue, but savvy investors will be wary of another bear market rally where a sharp sell-off will send prices back to Earth.
Video
HISTORIC WIN: Kemi Badenoch’s Bold Rise as UK Conservative Leader
— Kemi Badenoch has become the first Black woman to lead the United Kingdom’s Conservative Party. Her appointment is a historic moment for both the party and British politics. Known for her strong advocacy of free speech and equality, she resonates with many party members.
She takes over from Rishi Sunak, who resigned after facing economic challenges and internal issues. Previously serving as Minister for Business and Trade, Badenoch blends traditional Conservative values with modern reforms. Her leadership aims to tackle economic challenges and Brexit-related issues effectively.
Badenoch narrowly defeated Robert Jenrick in the leadership contest by focusing on revitalizing the Conservative agenda with economic stability and practical governance. She plans to address public concerns about economic performance and international relations head-on.
Internationally, her leadership is expected to rejuvenate UK relations with global partners post-Brexit. Many world leaders see her as a dynamic leader capable of boosting the UK’s global standing. The future under Badenoch promises innovation paired with strong policy-making for the Conservative Party.
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