Author: Press Room

BANGKOK: A general election kicked off on Sunday (May 14) in Thailand, where a new set of parliamentarians in the House of Representatives will be elected to form the next government. About 52 million people are eligible to cast their votes nationwide before the polls close at 5pm. More than 2 million people had already turned up for early voting on May 7.  A total of 500 members of the House of Representatives will be elected on Sunday.  Four hundred of them will be chosen in constituency elections. The other 100 will be elected from the national party lists –…

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This young soldier was sent to fight in the Vietnam war or rather the Second IndoChina War (September 26, 1959 – April 30, 1975). After refusing his orders, he was placed in a stockade when he gave an interview to the press. Among his reasons for refusing his orders he said that he thought that the war in Vietnam was an American war of aggression. He thought that it was a racist and genocidal war. He doubted very much if America could bring equality and democracy to the yellow people of Vietnam, when it never brought equality and democracy to…

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A 2024 campaign bid for Florida Gov. Ron DeSantis is getting closer.  The governor is eyeing a launch into the 2024 presidential race within the next couple weeks, at least three sources with knowledge of the governor’s planning tell CBS News.  The DeSantis political operation is also expected to move its headquarters to a new location in Tallahassee on Monday, which will kick-start a window for the first federal election disclosures for a potential 2024 DeSantis campaign, according to a person with knowledge about the move.  This expected headquarters move was first reported by NBC News. Because the move out of…

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The Federal Reserve’s push to slow the economy and bring inflation under control is often compared to an airplane descent, one that could end in a soft landing, a bumpy one or an outright crash.Jerome H. Powell, the Fed chair, is betting on something more akin to the Miracle on the Hudson: a touchdown that is gentle, all things considered, and unlike anything the nation has seen before.The Fed has raised rates sharply over the past year, pushing them just above 5 percent on Wednesday, in a bid to cool the economy to bring inflation under control. Staff economists at…

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Shareholders in Babylon, a British healthcare start-up that soared in popularity during the pandemic, are set to be wiped out as the company’s main lender is poised to take control of the business.Babylon said on Wednesday that London-based credit fund AlbaCore Capital is carrying out “a restructuring and recapitalisation” of the business. As part of the deal, AlbaCore will amend terms of an existing $300mn loan it provided to Babylon while also extending $34.5mn of fresh funding. Babylon said its core operating business will be transferred to “AlbaCore and other investors”. Babylon said the sale will take place “without the…

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As Bitcoin approaches the long-term support level of $25,000, there are speculations about whether the price will hold or experience further decline. Traders and investors closely monitor the market dynamics to determine the next potential move for the leading cryptocurrency. The price prediction for Bitcoin remains uncertain, as it navigates this critical support level. Let’s delve into the factors influencing the market sentiment and explore the possibilities for Bitcoin’s future trajectory.Bitcoin Faces Regulatory Uncertainty and Dollar Strength: Impacts on the MarketBitcoin is facing increased regulatory uncertainty in the United States, as Marathon Digital, a prominent mining company, has received a subpoena from…

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The Justice Department said it had reached an interim agreement with the health departments of Alabama and one of its rural counties over practices found to discriminate against generations of Black residents.Under the agreement announced Thursday, the Alabama Department of Public Health and the Lowndes County Health Department said they would improve wastewater infrastructure, measure the health risks associated with raw sewage exposure, and stop penalizing residents who cannot afford adequate treatment systems.The agreement represents “a new chapter for Black residents of Lowndes County, Ala., who have endured health dangers, indignities and racial injustice for far too long,” said Kristen…

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A shopper in Greenville, New York, April 30, 2023.Robert Nickelsberg | Getty Images News | Getty ImagesInflation in April notched its lowest reading in two years, as price pressures for consumers continue to moderate from multidecade highs and costs for household staples appear to be in retreat.The consumer price index, a key barometer of inflation, increased 4.9% in April versus a year ago. That is the smallest annual reading since April 2021, the U.S. Bureau of Labor Statistics, or BLS, said Wednesday.The index also fell from 5% in March, marking the 10th consecutive month of declines.More from Personal Finance:What debt…

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