Canada reports $25.7 billion budgetary deficit
The federal government of Canada has reported a budgetary deficit of $25.7 billion as of the end of January for the current fiscal year, marking a significant increase from the previous year. The fiscal monitor provides insight into the government’s adherence to fiscal guardrails and reveals a notable increase in government revenues, but also a surge in program expenses and public debt charges.
Stock Market Plummets After Release of Hotter-Than-Expected Inflation Data
The stock market saw a significant drop as the Dow Jones Industrial Average lost 516 points, the S&P 500 and Nasdaq Composite also slid. The cause was hotter-than-expected inflation data for January, leading to concerns about the Federal Reserve’s rate cuts. Tech giants like Microsoft and Amazon suffered losses, while JetBlue Airways and Hasbro experienced individual challenges. Bitcoin also declined to $48,543.35 after the CPI report, impacting related stocks like Coinbase and Microstrategy.
Dengue Fever Surges in Thailand with Over 8,000 Cases in January 2024
Dengue fever is on the rise in Thailand, with over 8,000 reported cases in January 2024. The Disease Control Department (DCD) has issued a warning, urging the public to take precautions against mosquito bites to prevent the spread of the disease. Dr. Thongchai Keeratihuttayakorn revealed that the number of dengue cases surged by 91.25% compared to the same period in 2023, with 13 deaths reported. The majority of affected individuals were children between the ages of five and 14, with the southern and central provinces of Thailand reporting the highest number of cases.
Icelandair Group expects cargo operation to return to profit in 2022
Icelandair Group is implementing measures to turn around its cargo division after a decrease in profitability. The company is returning a Boeing 757 freighter to its lessor, dry-leasing a 767 freighter, and making changes to its flight schedule and network.
Fortnite Players Express Frustration Over Speed-Reducing Movement Issues
Fortnite players are debating whether movement speed issues are intentional features or unintended bugs, with some expressing frustration over the game’s tendency to forcibly slow down players. The community remains divided on the matter, with some offering potential solutions to mitigate the movement problems. The ongoing discourse underscores the significance of movement mechanics in shaping the overall gaming experience for Fortnite enthusiasts.
Best Android Phones of 2024
Android phones offer a wide range of options and customization, making them a popular choice among smartphone users. With so many models available, it can be difficult to find the one that suits your needs and preferences. To help you…
South African Manufacturer Sentiment Slumps to Lowest Level Since 2020 Lockdown
A gauge measuring South African manufacturer sentiment has slumped to the lowest level since the strictest months of the Covid-19 lockdown in 2020, as demand and activity deteriorated sharply. Absa Group Ltd.’s purchasing managers’ index, compiled by the Bureau for…
Samsung expands availability of January 2024 security update for Galaxy A34 to more countries worldwide
Last week, Samsung released the January 2024 security update to the Galaxy A34, initially limited to European countries. However, the South Korean firm has now expanded the availability of the new security update to the Galaxy A34 in more countries…
Santos Laguna and Puebla Battle to a 0-0 Draw in Liga MX Clausura 2024
The Liga MX Clausura 2024 continues to heat up as Santos Laguna faced off against Puebla on January 30th, 2024. The game, held at TSM Stadium, saw both teams battling it out in a goalless first half, with neither side…
Connecticut Launches Online Sports Betting with Top Sportsbook Apps
Connecticut has officially launched online sports betting, and sports enthusiasts are eager to explore the top sportsbook apps in the state. If you’re looking to try your luck with CT online sports betting, we’ve got you covered with a roundup…