Slow News Day?? Not Really!! Rather A Highly Impactful Wednesday, Potentially A Historic Midweek, Driving The Weeks Ahead!!
Phew!! We're barely halfway (at least in this part of the world) through the day, and already we have FIVE MAJOR #newsupdates, making a potentially "historic" #wednesday, driving the #days and #weeks ahead. I'm sure #newsrooms would be "beehives of activity" right now, with all the #breakingnews #alerts popping out, pinging every #journalist and their #terminals.
Let's start with some #humanimpact #news. #Israel has "agreed" to a #ceasefireforgazanow "proposal", announced by #netanyahu a couple of #hours ago. The "deal" is to exchange #Palestinian #prisoners for #israeli #hostages held by #hamas. While the initial "truce" is for FOUR #days, there is an option to extend by a day each for every 10 hostages released. Of course, despite what the #ticker #tapes will tell you, the "pause" starts only tomorrow, to iron out the "legalities" of this #ceasefireingaza.
Next, perhaps a very "hot off the press" #newsflash. #samaltman is "returning" to #openai, alongside a "revamped" #board, with #satyanadella "backing" #altman. As the #newsheadlines puts it, #microsoft would have a greater say now. This caps a 96 hour "drama" where now, it does (or is it??) looks like all is well
Third, the "high profile" #ceo of the world's largest #cryptoexchange, #binance, is stepping down in a "plea deal" with the #doj. #changpengzhao, at the center of it all, faces possible jail time, varying between 18 #months or more. This marks another "blow" for #crypto after an equally "sensational" takedown of #ftx and its "boy" wunder, #sambankmanfried last year.
Fourth, is a #newsflash at home, #india, where the #enforcementdirectorate has ordered "attachment" of the properties of the #congress affliated #ajl and #youngindian, #publishers of the "iconic" #independence era #newspaper, the #national #herald. While #newsworthy on its own merits, this has been "expected" for a while, coming in the thick of the #elections2023 season, with potential #political implications.
Last ( certainly not the least in importance) is the #news about a #drought in #maharashtra, worrisome for its impact on #food #prices, triggering another bout of #inflation, again of concern as #election2024 approaches. The #reservebankofindia is concerned alongside a warning of #credit "exuberance".
