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Bankman-Fried apologizes, says didn't 'try to commit fraud'
Bankman-Fried apologizes, says didn't 'try to commit fraud'
Business and Economy
by  AFP

Former FTX Chief Executive Sam Bankman-Fried apologized Wednesday for a "lot of mistakes" in the abrupt collapse of the cryptocurrency firm and said he did not knowingly behave fraudulently. Bankman-Fried, appearing by video from the Bahamas, said he was "shocked" by many of the details that have surfaced since the cryptocurrency platform's collapse.

Christine McVie of Fleetwood Mac dead at 79
Christine McVie of Fleetwood Mac dead at 79
World
by  AFP

Christine McVie, the English hitmaker and keyboardist who found fame in the 1970s as a member of Fleetwood Mac, died Wednesday, the band and her family said. She married member and bassist John McVie in 1968, and joined the group officially in 1970, becoming a mainstay member as a lyricist, lead vocalist and keyboardist.

Brazilian Amazon deforestation falls, but up 60% under Bolsonaro
Brazilian Amazon deforestation falls, but up 60% under Bolsonaro
World
by  AFP

Deforestation in the Brazilian Amazon destroyed an area bigger than Qatar in the 12 months through July, according to official figures released Wednesday, which showed a decline from the year before -- but a sharp increase overall under outgoing President Jair Bolsonaro.

US rate hikes could slow 'as soon as' December: Fed chair
US rate hikes could slow 'as soon as' December: Fed chair
Business and Economy
by  AFP

The Federal Reserve could ease its pace of interest rate hikes "as soon as" December, chair Jerome Powell said Wednesday, as the US central bank's campaign to cool prices trickles through the world's largest economy. "The time for moderating the pace of rate increases may come as soon as the December meeting" of Fed policymakers, Powell said in a speech at the Brookings Institution think tank.