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Culture news
Oldest-known Ten Commandments tablet fetches €4.8 million at auction
The world’s oldest-known Ten Commandments tablet sold on Wednesday (18 December) for $5 million (€4.8 million) at Sotheby’s, far surpassing expectations. The marble slab, previously used as a paving stone, will be donated to an Israeli institution.
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A collective in Brazil is helping disabled people reach new heights
A group of volunteers, through a project called “Coletivo Inclusão”, is taking adventurous disabled people up one of Rio de Janeiro’s most complex trails, reaching places some would say impossible for those who are not able to walk.
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USA
US pledges 61% emissions cut by 2035 as Biden bows out
The US has become only the fourth country to put a new emissions reduction pledge on the table ahead of a February 2025 deadline under the Paris Agreement to halt global temperature rise – but with president-elect Trump due to take office next month, its impact is questionable.
Business
Amazon workers to strike at warehouses as union seeks labour contract
The International Brotherhood of Teamsters said workers at seven Amazon facilities will begin a strike on Thursday morning, an effort by the union to pressure the e-commerce company for a labour agreement during a key shopping period.
Economy
Stocks plunge as Federal Reserve's tilt triggers ‘Black Wednesday’
Fed sparks market rout: Wall Street plunged, the dollar hit two-year highs, and Treasury yields spiked as Powell struck a hawkish tone, warning of inflation risks and cautious rate cuts ahead. Bitcoin slid 5% after Powell ruled out a US crypto reserve tool.
Economy
US Federal Reserve set to announce quarter-point cut to its key rate
Federal Reserve officials on Wednesday will likely signal a slower pace of interest rate cuts next year compared with the past few months, which would mean that Americans might enjoy only slight relief from still-high borrowing costs for mortgages, auto loans and credit cards.