Author: Press Room

THE RISE OF ILLEGAL P2P LENDERS The rapid growth of the P2P industry in Indonesia does not go hand in hand with financial literacy, leaving many borrowers exposed, experts told CNA. “When access grows faster than understanding, consumers become vulnerable,” Etikah warned. “Many borrowers don’t fully understand interest rates, penalties or the long-term consequences of repeated borrowing.”These borrowers may underestimate how quickly small loans can snowball – especially when credit limits are automatically raised after each on-time repayment.“The screening is much faster, sometimes too fast,” said Eko from INDEF.“It reaches very young users and often doesn’t properly assess whether the borrower has the capacity…

Manchester City’s win cut Arsenal’s lead at the top of the Premier League to two points.Listen to this article | 2 minsinfoNico O’Reilly’s first-half brace inspired Manchester City to a vital 2-1 victory over Newcastle United, which turned up the heat on Premier ⁠League leaders Arsenal.City took the lead on Saturday when O’Reilly slammed in a left-footed shot in the 14th minute before Lewis Hall levelled.Recommended Stories list of 4 itemsend of listO’Reilly headed in Erling Haaland’s cross to restore City’s lead ⁠in the 27th minute, and it proved to be the match-winner as Pep Guardiola’s side cut Arsenal’s lead to two…

NEWYou can now listen to Fox News articles! President Donald Trump on Saturday withdrew his endorsement of Rep. Jeff Hurd, R-Colo., accusing the congressman of lacking support for his tariff policies after Hurd publicly touted Congress’ constitutional authority over trade decisions.”Based on a lack of support, in particular for the unbelievably successful TARIFFS imposed on Foreign Countries and Companies which has made America Richer, Stronger, Bigger, and Better than ever before, I am hereby WITHDRAWING my Endorsement of RINO Congressman Jeff Hurd, of Colorado’s 3rd District, and fully Endorsing Highly Respected Patriot, Hope Scheppelman, to take his place in Congress,”…

Minister Solomon says the federal government is seeking answers from OpenAI and other artificial intelligence platforms following the deadly shootings in Tumbler Ridge, B.C. “The horrifying tragedy in Tumbler Ridge has left families with unthinkable losses and shaken communities across Canada,” Solomon said in a statement on Saturday.“Like many Canadians, I am deeply disturbed by reports that concerning online activity from the suspect was not reported to law enforcement in a timely matter.”Recent statements from the company OpenAI confirmed that the shooter was flagged while using the platform ChatGPT last year.Solomon said Canadians expect online platforms, including OpenAI, to have…

Syrian-Palestinian filmmaker Abdallah Alkhatib has used his acceptance speech at the Berlinale awards ceremony to make a political statement.His film Chronicles From the Siege which tells the story of people trying to survive occupation, was named Best First Feature Film.Alkhatib accused the German government of being a partner in what he termed “the genocide in the Gaza Strip”.Israel denies committing genocide in the Gaza Strip – which is also the position of the German government – and speaks of self-defence following the terrorist attack on October 7, 2023.Alkhatib, who brought a Palestinian flag onto the stage, said that one day…

“NEKONOMICS”The economic impact from the animals is very real. Kansai University Professor Emeritus Katsuhiro Miyamoto, who publishes an annual report on “Nekonomics” (Neko means cat in Japanese), estimates it at nearly 3 trillion yen (US$19.5 billion) annually. I have always been a cat person, but when I arrived here nearly 25 years ago, Japan was firmly dog territory – home of the famed Hachiko, the loyal dog who waited in vain at Shibuya station for a decade hoping for his deceased master’s return. Pet stores devoted far more shelf space for dogs, and foreign-language coverage was fixated on “pampered pooches”, usually…

Egypt, Jordan, Saudi Arabia, denounce US ambassador’s remarks suggesting Israel has right to much of the Middle East.Listen to this article | 3 minsinfoUnited States Ambassador to Israel Mike Huckabee has triggered an avalanche of criticism from Arab and Muslim countries after suggesting Israel has a right to expand its territory across a large swath of the Middle East.Huckabee delivered the remarks during a sit-down interview with US commentator Tucker Carlson, broadcast on Friday, as he was pressed about the geographical borders of Israel.Recommended Stories list of 3 itemsend of listCarlson asked Huckabee, a self-professed Christian Zionist and staunch supporter of Israel,…

Washington — Hours after the Supreme Court struck down President Trump’s sweeping global tariffs, the president directed his ire at the six justices who ruled against him — including a pair of conservative jurists who were nominated to the bench by Mr. Trump.Mr. Trump told reporters he’s “ashamed of certain members of the court.” He criticized the three liberal members, calling them an “automatic no,” but appeared especially frustrated with the three conservatives who concluded that the International Emergency Economic Powers Act, or IEEPA, doesn’t give the president the power to unilaterally impose tariffs.”You can’t knock their loyalty,” Mr. Trump…

President Donald Trump said he will raise his planned global tariff rate to 15% from 10%, escalating his tariff gambit less than 24 hours after the US Supreme Court undercut the legal bedrock of his broader economic strategy. The move underscores both the White House’s determination to sustain a hard line on trade and the legal constraints now shaping Trump’s policy toolkit. Trump hits back fast On Friday, the Supreme Court ruled that Trump had exceeded his authority by using the International Emergency Economic Powers Act to levy sweeping tariffs on dozens of countries, dealing a sharp blow to a…

The Netherlands Gambling Authority has moved against prediction markets platform Polymarket, ordering its Dutch affiliate, Adventure One, to stop offering wagering services to residents without a permit. Key Takeaways: Dutch regulators ordered Polymarket’s affiliate to halt operations for offering unlicensed betting to residents. Authorities said prediction market wagers are illegal in the Netherlands, even for licensed gambling operators. The case reflects wider global regulatory pressure on event-based contracts and prediction platforms. In a notice released Tuesday, the regulator said the company must “cease its activities immediately” or risk penalties of up to $990,000.Officials said the platform allowed users in the…