NEW DELHI, Sept 28 (Reuters) - India has extended a free food programme for the poor by three months, a move that will add $5.46 billion to the government's costs and make for a bigger challenge to efforts to rein in the fiscal deficit, ahead of key state elections.
(Bloomberg) -- Trading volumes in nonfungible tokens -- digital art and collectibles recorded on blockchains -- have tumbled 97% from a record high in January this year. They slid to just $466 million in September from $17 billion at the start of 2022, according to data from Dune Analytics. The fading NFT mania is part of a wider, $2 trillion wipeout in the crypto sector as rapidly tightening monetary policy starves speculative assets of investment flows.
Just a few days ago we wrote that "Something Is About To Break" and prompt a capitulation from one or more central banks, which oddly was met with mockery in the comment gallery. Also, a few weeks ago, we said that we are nearing a moment in time when central banks will do QE and rate hikes at the same time.
BERLIN, Sept 27 (Reuters) - The U.S. Central Intelligence Agency (CIA) had weeks ago warned Germany about possible attacks on gas pipelines in the Baltic Sea, German magazine Spiegel said on Tuesday, after gas leaks in Russia pipelines to Germany were reported.
WASHINGTON, Sept 27 (Reuters) - The United States is preparing a new $1.1 billion arms package for Ukraine's battle with Russia that will be announced soon, U.S. officials said on Tuesday as Washington awaits the outcome of what it calls "sham" referendums in Ukraine.
Black people in the U.S. are seven times more likely to be falsely convicted of a serious crime like murder than white people, according to a new report published Tuesday by the National Registry of Exonerations. The finding was based on an analysis of exonerations for serious crimes in the U.S. over the last four decades, which found that Black people make up less than 14% of the U.S. population, but account for 53% of exonerations in the country.