Supreme Court Rejects Bid By 98-Year-Old Appeals Judge To Be Reinstated

ECB Preview: First Rate Hike Since 2023 Markets expect the ECB to hike by 25bps, the first rate hike since 2023, but do not look for explicit guidance on the path ahead, with the Council likely pledging in the statement to set monetary policy in a data-dependent and meeting-by-meeting fashion. Lagarde is likely to highlight that tightening is appropriate, for example, by repeating that the energy shock requires “some measured adjustment” in the policy stance. Goldman does not expect her to provide any specific guidance on next steps but look...

UK Government Plans To Force Social Media Giants To Boost BBC Content To 'Fight Disinformation' Authored by Steve Watson via Modernity News, The UK government, under the apparently outgoing Prime Minister Keir Starmer, is advancing proposals that would require platforms like Facebook, YouTube and others to make BBC and other public service broadcaster content more prominent in users' feeds. Officials frame the move as essential to combat 'disinformation,' citing Ofcom data that social media serves as the main news source for 51% of adults and 75% of 16- to 24-year-olds. Yes, they want...

From FOMO To Oh No! Koreans Face Massive Forced Liquidations As AI Bubble Bursts Korean retail investors’ aggressive leveraged bets on the market’s two dominant AI/Semi names - Samsung Electronics and SK Hynix - are now colliding with a sharp KOSPI correction, triggering the largest wave of forced stock sales in years and raising the specter of a self-reinforcing liquidation spiral. At its peak last week, the benchmark KOSPI index  was up 100% for 2026, rivaling the Nasdaq 100 Index’s 102% surge in 1999 - right before the bubble burst... Last week...