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Video points to Assad regime’s involvement in large-scale trafficking of illicit drugs
World News

Video points to Assad regime’s involvement in large-scale trafficking of illicit drugs

By Tim Lister, Kareem Khadder and Nechirvan Mando, CNN A social media video has surfaced, allegedly showing a warehouse in Syria stacked with captagon, an illicit drug that had transformed the country into a narco-state under former President Bashar al-Assad's rule. The large warehouse was reportedly located at the headquarters of a military division near Damascus that was commanded by Assad's brother Maher. CNN is unable immediately to verify the location. A voice commenting over the video says that it is "one of the largest warehouse facilities of captagon manufacturing of pills". Piles of pills are seen on the floor along with drug-making equipment. If confirmed, the discovery would support claims by the United States and others that the Assad regime had been involved in actively expor...
Indian travelers will be the story of the next decade: Hilton exec
Business

Indian travelers will be the story of the next decade: Hilton exec

Indian travelers spent $34.2 billion on outbound travel in 2023, according to the World Travel & Tourism Council.But the current level of Indian travel is "minuscule" compared with what's to come, Alan Watts, Hilton's Asia-Pacific president, told "Squawk Box Asia" Monday."The story for India is before us," he said. "India outbound will be the story of the next decade."By 2034, Indian travelers' outbound spend is projected to more than double to $76.8 billion, according to the World Travel & Tourism Council's Economic Impact 2024 report — which would make the country the seventh-largest travel spenders in the world, up from 12th in 2023."When you think of India, it has the characteristics of China, which is the second largest lodging market in the world," said Watts. It has "1.4 bil...
Facebook, Google and TikTok to fund Australian journalism under new tax plan
World News

Facebook, Google and TikTok to fund Australian journalism under new tax plan

By political reporter Tom Crowley for the ABC The tax, which could also apply to Apple and Microsoft, would be applied to the platforms' Australian revenue. Photo: Victor Okhrimets / 123RF Facebook, Google and TikTok will be forced to fund Australian journalism, even if they do not host it, under a federal government plan to impose a new tax aimed at encouraging the tech platforms to establish funding agreements with news organisations. The tax, which could also apply to Apple and Microsoft, would be applied to the platforms' Australian revenue, but can be reduced to zero if they sign agreements similar to those Google and Meta (the owner of Facebook) signed in 2021, including with the ABC. The expiration of those agreements, and Meta's threat not to renew them, made the government r...
Health-care stocks fall after Warren PBM bill, Brian Thompson shooting
Business

Health-care stocks fall after Warren PBM bill, Brian Thompson shooting

UnitedHealth Group signage is displayed on a monitor on the floor of the New York Stock Exchange.Michael Nagle | Bloomberg | Getty ImagesShares of major health-care companies fell as much as 5% on Wednesday as investors feared pressure from lawmakers and patients could force changes to their business models.The declining stocks include UnitedHealth Group, Cigna and CVS Health, which operate three of the nation's largest private health insurers and drug supply chain middlemen called pharmacy benefit managers, or PBMs. They also own pharmacy businesses. Shares of all three companies closed at least 5% lower.The stock reaction on Wednesday appeared to be in response to new bipartisan legislation that aims to break up PBMs, which was first reported by The Wall Street Journal. PBMs have faced y...
Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago
Business

Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago

The US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023.Nathan Howard | Bloomberg | Getty ImagesThe U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the shortfall topped $1.8 trillion, the Treasury Department reported Wednesday.For the month, the deficit totaled $366.8 billion, 17% higher than November 2023 and taking the total for the first two months of the fiscal year more than 64% higher than the same period a year ago on an unadjusted basis.The increase came despite receipts that totaled $301.8 billion, about $27 billion more than last November. Outlays totaled $668.5 billion, or nearly $80 billion more from a year ago.The increase in red ink brought the national debt to $36.1 trillion as the month drew t...
The Onion’s purchase of Alex Jones’ Infowars stopped by US judge
World News

The Onion’s purchase of Alex Jones’ Infowars stopped by US judge

By Dietrich Knauth for Reuters Alex Jones declared bankruptcy in 2022 after being forced to pay over $1bn to the families of Sandy Hook shooting victims, whom he defamed. Photo: AFP A US bankruptcy judge has stopped the parody news site the Onion from buying conspiracy theorist Alex Jones' Infowars website, ruling that a bankruptcy auction did not result in the best possible bids. Christopher Lopez rejected Jones' claims that the auction was plagued by "collusion" at the end of a two-day hearing in Houston. But he said the court-appointed bankruptcy trustee who ran the auction made "a good-faith error" by quickly asking for final offers for Infowars instead of encouraging more back-and-forth bidding between the Onion and a company affiliated with Jones' supplement-selling businesses,...
ICJ asked to broaden definition of genocide over ‘collective punishment’ in Gaza | World News
Business

ICJ asked to broaden definition of genocide over ‘collective punishment’ in Gaza | World News

Ireland is to ask the International Court of Justice (ICJ) to broaden its definition of genocide - claiming Israel has engaged in the "collective punishment" of people in Gaza.An intervention will be made later this month, deputy prime minister Micheal Martin said, and will be linked to a case South Africa has brought under the United Nations' Genocide Convention. Mr Martin said the Irish government is "concerned" that a "narrow interpretation of what constitutes genocide" leads to a "culture of impunity in which the protection of civilians is minimised".The Dublin administration's "view of the convention is broader" and "prioritises the protection of civilian life", he added.Mr Martin, who also serves as Ireland's minister for foreign affairs, claimed there had been "collective punishment...
Top Biden aides head to Mideast in diplomatic push on Syria, Gaza
World News

Top Biden aides head to Mideast in diplomatic push on Syria, Gaza

By Simon Lewis and Matt Spetalnick for Reuters US Secretary of State Antony Blinken has visited the Middle East several times this year, hoping to broker a truce in the Israel-Gaza conflict. Photo: AFP / Pool US President Joe Biden's top aides are heading to the Middle East seeking to advance efforts to reach an elusive Gaza ceasefire and hostage deal and help ensure a smooth transition in Syria following the overthrow of Bashar al-Assad. Secretary of State Antony Blinken was set to visit Jordan and Turkey, while US national security adviser Jake Sullivan planned stops in Israel, Qatar and Egypt in coming days, US officials said. The high-level tours could help shape Biden's legacy in the turbulent Middle East in the final weeks of his term before former President Donald Trump return...
Heeramandi ranks 4 on Google Trends top-searched movies and shows of 2024
Entertainment, Movies

Heeramandi ranks 4 on Google Trends top-searched movies and shows of 2024

Sanjay Leela Bhansali`s Heeramandi – The Diamond Bazaar on Netflix has taken the world by storm since its release. With its majestic visuals, captivating music, compelling narrative, and outstanding performances, the show has won hearts and critical acclaim alike. Infused with SLB`s signature opulent storytelling, it has made a remarkable mark in the OTT space. Now, Heeramandi has made an impact on the global front having secured 4th position globally in Google Trends top-searched movies and shows of 2024.  Google’s Most Searched TV Shows of 2024 Google Trends has unveiled the top-searched movies and shows of 2024 globally. While many international shows has made it`s place in the top positions, it`s remarkable to see that Sanjay Leela Bhansali`s lavish Netflix period drama Heeramandi co...
Meta’s Facebook, Instagram go down due to ‘technical issue’
Business

Meta’s Facebook, Instagram go down due to ‘technical issue’

Mark Zuckerberg, CEO of Meta Platforms, during the Meta Connect event in Menlo Park, California, on Sept. 25, 2024.David Paul Morris | Bloomberg | Getty ImagesMeta's family of apps including Facebook and Instagram were down on Wednesday, resulting in users being unable to access the services.The widespread outages began around 9:57 a.m. PST and affected the social media company's core apps as well as Threads, WhatsApp and Messenger, according to user-submitted reports gathered by the internet-monitoring site Downdetector.More than 100,000 users experienced problems using the Facebook service at 10:11 a.m. PST, representing the peak of the outages, according to Downdetector.Meta acknowledged the outage via a morning post on social media site X, saying the company is "aware that a technical ...