THREAD: stock market plunges experts warn
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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.
CIA and MI6 Chiefs WARN: Global Threats Looming
— The heads of the CIA and MI6 have issued a stark warning about global threats. They highlighted the war in Ukraine, sabotage in Europe, and rising tensions with China. “We saw the war in Ukraine coming,” they stated, emphasizing their role in alerting the international community.
They are actively working to disrupt Russia’s sabotage campaigns across Europe and address escalating conflicts like the Israel-Gaza situation. Counterterrorism efforts against ISIS are also a priority. The intelligence chiefs stressed that global stability is under threat like never before since the Cold War.
China’s rise is identified as the main geopolitical challenge of this century, prompting both agencies to reorganize their priorities accordingly. Russian intelligence activities were described as reckless, with recent incidents of sabotage and arson attacks on infrastructure in Europe being attributed to Moscow’s covert operations.;
Biden’s Approval Rating PLUNGES to Record Low: Is INFLATION to Blame?
— A recent Gallup poll reveals a new low for President Joe Biden’s approval rating. Amid escalating inflation and economic unease, the President’s popularity is dwindling.
The survey shows a mere 40% of Americans giving the nod to Biden’s job performance — the lowest since he assumed office in January 2021.
The soaring cost of goods and services is hitting American households hard, leading to financial stress and discontent with the current administration.
This steep decline in approval could spell trouble for Democrats in the forthcoming midterm elections. If this trend persists, Republicans may seize control of Congress come November.
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
Trump-Era BUMP STOCK Ban Under Fire: Supreme Court to Scrutinize Controversial Ruling
— The Supreme Court has decided to review the Trump-era ban on bump stocks. These attachments allow semi-automatic weapons to function like machine guns. The announcement follows conflicting decisions from federal appeals courts about the regulation’s compliance with federal law. The case is scheduled for arguments in early 2023.
The Justice Department put the regulation into effect after a mass shooting in Las Vegas in 2017. The 5th U.S. Circuit Court of Appeals in New Orleans previously nullified the ban, leading to an appeal by the Biden administration now under Supreme Court consideration.
The case isn’t about Second Amendment rights but examines whether appropriate federal law procedures were observed when changing bump stock regulations. The ban was implemented in 2019 after a Las Vegas shooter used rifles equipped with bump stocks to fire over a thousand rounds into a crowd of music fans within minutes.
This review comes on the heels of another gun-related case currently before the court, which challenges a law designed to prevent individuals under domestic violence restraining orders from accessing firearms. This originates from a landmark decision made by the conservative majority in 2022 that broadened gun rights.
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