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US Congress Grills TikTok CEO Over Alleged Data Leak to the Chinese Govt

The CEO of TikTok, Shou Zi Chew, stated that the Chinese government has no access to private data of the appโ€™s users, as he was forced to defend the platform before the US Congress.

Officials grilled him over fears that the app could be a way for China to spy on American citizens โ€“ despite no tangible evidence being presented to back up the claim.

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Scholz says โ€˜no reasons for concernโ€™ as German largest bankโ€™s shares slump
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Deutsche Bank is "a very profitable bank," the German chancellor has stated as its shares has fell by 15%

Deutsche Bank โ€“ Germanyโ€™s by far largest lender โ€“ would hardly suffer the same fate as embattled Credit Suisse, German Chancellor Olaf Scholz assured journalists on Friday. There was no reason to be concerned about the bank's health, he said at a press conference in Brussels as the bank's shares fell 15% in a single day.

"Deutsche Bank has fundamentally modernized and reorganized its business model and is a very profitable bank," Scholz told journalists when barraged with questions about th...

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France slammed for โ€˜excessive forceโ€™ against protests
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The violence must stop, said the Council of Europeโ€™s human rights commissioner 

The French government has used disproportionate force against demonstrators protesting the pension reform, in violation of their freedom of assembly and expression, Council of Europe Commissioner for Human Rights Dunja Mijatovic said on Friday.

Mijatovic described the circumstances of the pension protests as...

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Top 10 world news: Rahul Gandhi disqualified, France bans TikTok, more news
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Politics in India was stirring on Friday (March 24) as Rahul Gandhi, the most prominent face of the Opposition was disqualified from the parliament

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Jack Dorsey lost $526 million hours after Hindenburg report

Block co-founder Jack Dorsey's net worth plummeted after Hindenburg Research's latest report, which alleged the payments company ignored widespread fraud.

The former Twitter CEO's fortune dropped $526 million, or 11%, in one day on Thursday. According to the Bloomberg Billionaires Index, Dorsey is now worth $4.4 billion.

Block's stock also fell as much as 22% on Thursday, before closing down 15%.

Investment research firm Hindenburg released a report Thursday claiming that Block had inflated user metrics and that the stock has downside of 65% to 75% "on a purely fundamental basis."

Block denied the allegations and said it plans to explore legal action against Hindenburg.

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Man who supplied guns for Haitian president Moise's assassination pleads guilty
WION - world News Releases (RSS)

A dual Haitian-Chilean citizen has pleaded guilty to being part of the assassination of Haitian President Jovenel Moise, who gunned down in his hom

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Biden says 'doesn't mean they won't' but China has not 'yet' delivered arms to Russia
WION - world News Releases (RSS)

United States President Joe Biden on Friday told the press that he believes China is yet to send arms to Russia for Moscow's invasion of Ukraine.

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NZ FM To 'Raise Concerns' with Beijing over Security

During her four-day visit, Foreign Minister Nanaia Mahuta will discuss key regional and global security challenges with counterpart Qin Gang, and advocate "for approaches and outcomes that reflect New Zealandโ€™s interests and values, including on human rights."

It is an opportunity to discuss "where our interests and values align, like that of climate change, and where they differ,โ€ Mahuta said, before meeting with business and women leaders.

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The good times of Western economic prosperity are over and not coming back any time soon
RT World News (RSS)

Having once built a capitalist system of booming growth, the US is now throttling it with politics and bad fiscal decisions

Yesterday, the United States Federal Reserve decided to yet again increase interest rates by 0.25% up to 5% despite the collapse of several US banks, including Silicon Valley Bank (SVB), as well as more trouble overseas.

This eye-watering increase is expected to have a negative impact on US economic growth, place banks under even further strain, and, by extension, have global implications. The goal of the hike is to tame surging inflation that has spooked Western countries and...

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Donald Trump's former aides ordered to testify in Capitol riots probe
WION - world News Releases (RSS)

A US Judge has ordered Donald Trump's ex-aides to appear before the grand jury investigating the notorious attack on the US Capitol building.

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Jeff Bezos' Blue Origin hopes to resume space flights 'soon'
WION - world News Releases (RSS)

Billionaire Jeff Bezos' space company Blue Origin on Friday expressed hopes of resuming flights of its grounded rockets soon.

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How Soviet armored trains helped defeat Nazi Germany

The outbreak of war came as a real nightmare for Soviet armored trains, which frequently had to cover the withdrawal of Red Army units single-handedly. If the enemy managed to sever the railway line, the armored train was doomed. It was either destroyed or blown up by its own crew.

With the turning of the tide in the war, the โ€œfortresses on wheelsโ€ were transformed from desperate โ€œsuicide trainsโ€ into a solid back-up for Soviet troops as they swept westwards.
One elusive Soviet armored train caused the Germans so much trouble that they dubbed it the โ€˜Green Ghostโ€™.

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US Firm Claims Beijing Authorities Raided Office and Detained Staff

Due diligence company Mintz Group claims five of its Chinese staff were apprehended and its operations ceased, and have vowed to "resolve any misunderstandings" with authorities.

The New York-headquartered business - which according to its website specialises in background checking, fact gathering and internal investigations - claims it was not given legal notification of the raid, and says the detainees are being held incommunicado outside of Beijing.

"Red alerts should be going off in all boardrooms right now about risks in China," a US-based business community person told Reuters.

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