The recent events in Barcelona, Spain, have highlighted a growing concern over mass tourism and its impact on the city. Protesters took to the streets, hurling objects, and spraying water guns at unsuspecting travelers, all while chanting “tourists go home.” The small neighborhood of Barceloneta turned into a battleground as activists used police-style tape to
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As Asia-Pacific markets opened on Monday, investors were met with mixed results. This was in anticipation of key economic data being released later in the week from both the U.S. and China. Additionally, election results from France indicated a hung parliament, adding to the uncertainty in the market. Overnight, France’s left-wing New Popular Front coalition
Investors in Mainland China have been closely monitoring the performance of U.S. stocks, particularly those in the technology sector, while expressing disappointment over lackluster returns in their home market. However, a deeper analysis of the first-half performance of Chinese stocks reveals some notable success stories, especially in the field of artificial intelligence. One such standout
Beryl, a tropical storm that originated as a Category 2 hurricane in the Gulf of Mexico, made its way towards the south Texas coast after causing damage in Mexico’s Yucatan Peninsula. This storm, known for being the earliest storm to develop into a Category 5 hurricane in the Atlantic, brought destruction as it passed through
The recent election in Britain brought forth one of the most unforeseen results with the right-wing Reform UK party making significant gains. Led by prominent Brexiteer Nigel Farage, the party is anticipated to secure multiple parliamentary seats, a stark contrast to its performance in the previous general election in 2019. Exit polls suggest that Reform
Bitcoin experienced a significant slump in price, dropping to around $57,000 apiece on Thursday. This decline came after the U.S. Federal Reserve released minutes from its June meeting, indicating that the central bank is not yet prepared to cut interest rates. The digital currency fell approximately 5% in just 24 hours, reaching $56,837, which was
Hurricane Beryl has wreaked havoc in the Caribbean, being declared the strongest-ever hurricane in July. The tropical cyclone has set various records, with experts pointing to climate change as a contributing factor. It developed at a rapid pace earlier in the year compared to similar phenomena, making it the strongest hurricane on record for both
Federal Reserve Chair Jerome Powell recently spoke at a central banking forum in Sintra, Portugal, where he expressed satisfaction with the progress made on inflation over the past year. Powell highlighted that inflation is moving towards the Fed’s 2% target but mentioned the need for more assurance before considering cutting interest rates. The discussion at
Facebook’s parent company, Meta, is facing scrutiny from EU regulators for allegedly failing to comply with the bloc’s antitrust regulations regarding its ad-supported social networking service. The Commission has raised concerns about Meta’s “pay or consent” model, which forces users to choose between paying for an ad-free experience or consenting to their data being used
French President Emmanuel Macron surprised both the electorate and political analysts when he announced a snap parliamentary election after his Renaissance party faced a defeat in the European Parliament elections. The move was seen as a gamble to secure a clear majority in the National Assembly and prevent the far-right National Rally group from gaining