Here are the top 10 news stories from around the globe for today, December 21, 2024. These headlines cover various sectors, from finance and technology to global events, to keep you updated.
1. Sensex Crashes Over 1,200 Points Amid Global Concerns
The Indian stock market witnessed a major fall as the Sensex tanked by more than 1,200 points on Friday. Analysts attribute the crash to factors like the US Fed’s hawkish stance and concerns over global economic slowdown. This marks one of the steepest declines in months, with all major sectors bleeding.
2. Bitcoin Falls Below $94,000 Amid Fed-Driven Jitters
Bitcoin plunged more than 8% on Friday, dropping below $94,000. The dip followed US Fed Chair Jerome Powell’s comments that dismissed speculation of Bitcoin reserves. This decline comes amid a broader sell-off in the cryptocurrency market, wiping out nearly $500 billion from crypto valuations.
3. Hyundai Creta Rival Spotted Testing
An exciting rival to the Hyundai Creta was spotted on Indian roads. Though details are yet to be revealed, auto enthusiasts speculate it could shake up the SUV segment. The model is expected to feature advanced technology and aggressive pricing to compete with existing players.
4. LinkedIn COO Reveals Key Question for Job Interviews in 2025
LinkedIn’s COO has shared insights into the most important question employers will ask in 2025 job interviews. According to her, companies will focus on adaptability and emotional intelligence as top skills. This is a significant shift from technical expertise to soft skills.
5. Ripple (XRP) Drops Over 10% Amid Fed Outlook
Ripple (XRP) saw a sharp decline of 10%, trading below critical support levels. Analysts blame the bearish sentiment on recent US Fed developments, which also impacted Bitcoin and Ethereum prices. Investors remain cautious about Ripple’s future amid regulatory pressures.
6. Binance CEO Criticizes Indian Company for Misusing His Selfie
Binance CEO Changpeng Zhao slammed Indian firm 5ireChain for allegedly misusing his photograph for promotional purposes. Zhao clarified that the two parties did not even have a proper conversation. The incident has sparked debates about ethical practices in marketing.
7. Woman Deletes 250 YouTube Videos After Zero Returns
A YouTuber has decided to quit her platform after three years of effort and no returns. Despite investing ₹8 lakh, the woman claimed she saw no financial success and deleted all her 250 videos. This highlights the challenges of breaking through in the content creation space.
8. India’s Trade Gap Worsens Amid Economic Concerns
India’s foreign trade deficit widened significantly this month, raising concerns over the economy’s health. Economists suggest that high oil imports and weak exports are contributing to the gap. The government is reportedly planning measures to address the issue.
9. World Bank Approves $800 Million Loan for Amaravati Project
The World Bank has approved a loan of $800 million for Amaravati’s development. This is a boost for the ambitious project, which aims to transform the city into a global business hub. The funds will be used for infrastructure, public services, and urban planning.
10. Bitcoin ETFs Witness Record Outflows
Bitcoin Exchange-Traded Funds (ETFs) saw their largest outflow in history. Investors are withdrawing funds amid high market volatility and uncertainty over crypto regulations. This trend reflects a broader lack of confidence in digital assets during turbulent times.
Final Thoughts
Today’s headlines underline the volatility across markets, the growing focus on ethics in business, and the challenges in various sectors. As we wrap up the year, these stories remind us of the dynamic nature of global events and their impact on individuals and businesses. Stay tuned to Moneyphobia for more updates on finance, markets, and global trends.
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