Author: Rachel Maddow

SK Hynix and Samsung will profit from surging demand for high-bandwidth memory as OpenAI launches its $500bn Stargate project.Investors pushed SK Hynix shares up 10% and lifted Samsung Electronics more than 3% after the announcement.Both companies will supply HBM for the supercomputer initiative, reinforcing their dominance in the global memory market. Samsung leads the world in DRAM and NAND flash production, powering servers, smartphones, and data centers.SK Hynix ranks second in DRAM output and dominates high-bandwidth memory for Nvidia’s AI chips.Together, they control over half of global memory sales, influencing prices, capacity, and technology direction. Stargate Drives Record Memory Demand…

Eurozone inflation climbed to 2.2% in September, up from 2.0% in August, Eurostat reported.Monthly prices rose 0.1%, matching August’s increase, while core inflation stayed steady at 2.3%.Services drove the rise with a 3.2% annual gain, and food, alcohol, and tobacco rose 3.0%. Energy prices fell 0.4%, a slower decline than August’s 2.0%, and non-energy industrial goods held at 0.8%.Estonia recorded the highest inflation at 5.2%, while Cyprus saw no change and France rose 1.1%.Italy and Portugal posted monthly gains of 1.3% and 1.0%, showing localized acceleration. ECB Maintains Rates Amid Steady Core Inflation The ECB kept interest rates at 2.00%…

Zhimin Qian, 47, tricked over 128,000 people in China and converted their money into Bitcoin.UK courts convicted her for a leading role in the world’s largest cryptocurrency seizure, worth £5.5 billion.Also called Yadi Zhang, Qian admitted at Southwark Crown Court to illegally acquiring and holding Bitcoin. Fraud and Escape Police said her guilty plea followed a seven-year investigation into global money laundering.Between 2014 and 2017, Qian orchestrated a large-scale fraud in China, targeting more than 128,000 victims.She fled China using false documents and entered the UK.Authorities reported she tried to launder her stolen funds by buying property in late 2018.The…

Researchers tested VER-01, a cannabis-based extract, on adults with persistent lower back pain. Patients reported meaningful improvements in pain scores within months. Unlike smoking cannabis, the extract delivers controlled doses without exposing patients to harmful combustion or recreational effects. Scientists designed VER-01 to reduce pain while avoiding addiction or serious side effects. Chronic lower back pain affects over 619 million people worldwide, making it the leading cause of disability. Existing treatments, including opioids and NSAIDs, often carry severe risks or fail to provide adequate relief. Many patients endure ongoing pain due to limited safe options. Clinical Trial Demonstrates Significant Benefits…

Germany aims to make the Bundeswehr Europe’s strongest conventional army, Chancellor Friedrich Merz announced in May. The government must fill personnel shortages and equip troops with modern weaponry quickly. Berlin plans €83 billion in defense procurements, prioritizing European manufacturers while limiting US purchases to eight percent. Officials intend to complete 154 major projects between September 2025 and December 2026. Europe tripled arms imports from the US between 2020 and 2024. Germany’s imports rose 334 percent, mostly from the United States. Berlin now emphasizes “Buy European” to reduce dependency on US systems and strengthen domestic arms production. US Dependence and the…

Around 50,000 people marched through Berlin to support Palestinians and condemn the Gaza conflict. Protesters chanted “free, free Palestine” and demanded an immediate end to Gaza’s humanitarian crisis. Police deployed 1,800 officers to monitor the march from Alexanderplatz to the Victory Column in Tiergarten. Demonstrators called on Germany to stop selling weapons to Israel and urged the EU to impose sanctions. Fifty organizations, including Amnesty International and Die Linke, coordinated the rallies, though some protests faced police intervention. Clashes and Counter-Protests In Kreuzberg, police broke up a pro-Palestine demonstration after participants shouted anti-Israel slogans. About 100 people gathered in Berlin…

Interpol, which includes 196 countries, coordinated a large-scale cybercrime crackdown across Africa.Authorities arrested 260 suspects linked to online romance scams and sextortion during July and August.Investigators targeted criminals who built fake romantic relationships to extort money or blackmail victims with explicit content.The scams reached over 1,400 victims, who collectively lost nearly $2.8 million (€2.4 million).Cyril Gout, Interpol’s acting executive director of police services, said digital crimes, especially sextortion and romance scams, are surging.He added that criminals exploit online platforms, causing severe financial and psychological harm to victims. Local Authorities Crack Down on Fraud Rings Ghanaian police arrested 68 suspects who…

Aid groups recovered five decomposed bodies in eastern Libya, 550 kilometers south of Tobruk.Authorities transported the remains to Tobruk, calling it part of the deadly “death journey.”Abreen, a local NGO, identified the victims as likely Sudanese and shared images of the recovery operation. Migrants Face Extreme Desert and Sea Dangers Migrants cross Libya from Africa and the Middle East, fleeing war and poverty, to reach Europe.Most travel by desert or sea, risking dehydration, starvation, or drowning.In December, 61 migrants, including women and children, drowned near Zuwara.In May, seven Sudanese died after their vehicle broke down in the desert for 11…

A drone fired from Yemen struck Eilat, wounding at least 22 people, local medics reported Wednesday.The Israeli military confirmed air defences failed to intercept the drone before it fell on the Red Sea coast.Authorities have not clarified whether injuries came from the drone or its attempted interception. Officials Secure Site and Warn Residents Police deployed bomb disposal experts to inspect the drone debris.Officials warned the public to avoid the crash area and not touch potential explosives.The IDF instructed residents to follow Home Front Command safety rules and updates on Telegram.Magen David Adom reported two people suffered serious injuries while others…

Donald Trump addressed the UN General Assembly, criticizing Europe’s immigration and climate strategies.He called both issues a “double-tailed monster” destroying European heritage and stability.Trump said, “If you don’t stop people you’ve never seen, your countries will fail.”He accused European leaders of prioritizing political correctness over protecting their nations.Trump demanded an immediate end to open borders and called migration policies a “failed experiment.”He claimed the UN encourages illegal migration and finances global irregular entries.Trump said the UN must “stop invasions, not create or fund them.” Trump Claims Credit for Ending Global Conflicts Trump asserted he ended seven wars in the first…