Tuesday , 30 December 2025

Recent Posts

NYPD deploying drone to secure New Year’s party

Bloomberg New York City police will deploy a camera-equipped drone above Times Square, along with new “counter-drone technology” blocking other devices from the area, where they expect as many as 2 million New Year’s Eve revelers. The drone technology is the newest innovation developed by the largest US police department as it prepares for an annual event that already features …

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Trump’s ‘economic damage’ could cause Fed rate pause

Bloomberg President Donald Trump may get the Federal Reserve interest rate-hike pause he wants as his attacks on the Fed and the government shutdown roil stock markets and shave 2019 forecasts for economic growth. The S&P 500 fell 2.7 percent, bringing US stocks to the brink of a bear market after a drop of almost 20 percent from a September …

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Russia’s bad bank eyes $15 billion hole from rescued private lenders

Bloomberg More than a year after Russia nationalised three leading private lenders, the magnitude of the losses is starting to take shape and criminal investigations are being opened against former owners and management. The bad bank that took on some 2 trillion rubles ($30 billion) in non-performing assets from Bank Otkritie FC, B&N Bank and Promsvyazbank still isn’t ready to …

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