Yellen Resists Pressure for Reform of IMF Voting Shares
US Treasury Secretary Janet Yellen showed little willingness to embrace reforms at the International Monetary Fund that would
2023-10-10 23:28
Much of Europe Faces Increasing Probability of Warm Winter
There is an increasing probability that Europe will experience a significantly warmer winter than usual, potentially reducing the
2023-10-10 21:58
Morocco Pushes to Lose Junk Credit Rating, Finance Minister Signals
Morocco is lobbying to regain an investment-grade credit score from S&P Global Ratings, vowing to keep its budget
2023-10-10 19:57
One Bond Market Is Defying the Global Selloff With Record Returns
As bond markets everywhere get battered by a cocktail of higher interest rates, deficit angst and hawkish central
2023-10-10 03:59
Musk begs Twitter users to stay ‘as close to the truth as possible’ as fake news about Gaza war proliferates
Elon Musk pleaded with X users on Sunday to try and stick to the facts, as the site and its billionaire owner come under heavy criticism for the spread of false information regarding the Israel-Hamas war. “As always, please try stay as close to the truth as possible, even for stuff you don’t like,” Mr Musk wrote on X. “This platform aspires to maximize signal/noise of the human collective.” Critics have been hammering Mr Musk for the proliferation of fake news on the site, arguing his attempts to loosen the reins on its content moderation have allowed bad actors and dubious sources to flourish. “This site is a cesspool of disinformation,” former Obama administration official and podcaster Tommy Vietor wrote on X in response to Mr Musk’s plea. “You have made it exponentially worse, and just this morning you recommended an account known to spread lies and antisemitism. Other than that, great job.” “This site is worse than useless during a breaking news story,” Aaron Kleinman, of the States Project political advocacy group, wrote recently in response to a thread collecting false information about the war in Israel and Gaza. “Actively harmful. Don’t log in if you want to be informed.” Dubious news stories have spread far and wide on the site formerly known as Twitter since the outbreak of war in Israel yesterday. A widely seen video, purporting to show a Hamas militant shooting down an Israeli helicopter, was really a clip from a video game, BBC Verify’s Shayan Sardarizadeh reports. A Taliban spokesperson had to set the record straight after a false claim spread on social media that the group was seeking to join in the conflict, Pakistan bureau chief for WIONews Anas Mallick reports. And a widely shared clip of Israel reportedly bombing a Gazan office tower really was from fighting that occured in 2021. Critics of X allege that policy changes under Mr Musk have allowed such false information to spread more easily. Since taking over, Mr Musk has disbanded Twitter’s trust and safety team, reinstated (and at times vocally endorsed the content of) known extremists and far-right commentators, removed labels noting accounts associated with foreign governments, and allowed paid access to the verification feature, a designation on Twitter previously reserved for heads of states, celebrities, journalists, and other high-profile individuals who could see their credibility abused by imitators. The Independent has contacted X for comment. Read More Israel-Palestine conflict live: Fierce gun battles rage with Hamas militants as ‘over 700 Israelis killed’ Israel suffers bloodiest day in decades as fierce gunfights rage in streets against Hamas militants US regulators seek to compel Elon Musk to testify in their investigation of his Twitter acquisition
2023-10-09 02:52
Kenya’s Ruto, AfDB’s Adesina Say Tackling Climate Depends on Africa Debt Fix
Kenyan President William Ruto and the heads of two major finance and climate institutions said without a 10
2023-10-08 19:25
Near Fourfold Surge in Rooftop Solar Slashes Eskom, City Revenue
South Africa’s near fourfold increase in rooftop solar power generation capacity in the year to March has reduced
2023-10-06 23:52
Gabon’s Post-Coup Government Keeps Focus on Forest Preservation
Gabon’s new forestry minister, appointed by the country’s military government after an August coup, has eased concern that
2023-10-06 20:54
IMF Boss Says Egypt to ‘Bleed’ Reserves Unless It Devalues Again
Egypt will “bleed” precious reserves unless it devalues its currency again, the managing director of the International Monetary
2023-10-06 01:57
Georgieva Says IMF to Boost Climate Funding, Weighs Debt-for-Nature Swaps
The International Monetary Fund plans to speed up payments from a new program to shield countries from the
2023-10-06 01:55
Record Heat Is Unleashing Deadly Floods From US to Libya
Extreme heat is usually associated with drought and wildfires. But across five continents this year, it’s also unleashed
2023-10-05 18:53
Barclays, StanChart Plan Bankers’ Return to COP28 Climate Summit
The world’s top bankers and investors mostly stayed away from last year’s United Nations climate conference in the
2023-10-04 14:45