Investors flee from risk assets as JPMorgan ups recession odds to 40%

Investors flee from risk assets as JPMorgan ups recession odds to 40%

Crypto and tech stocks saw large selloffs on March 10 as fears of a US recession heightened despite efforts from the White House to temper concerns.  Economists at Wall Street investment bank JPMorgan have raised their recession risk this year to 40%, up from 30% at the beginning of 2025. “We see a material risk that … Read more

12 college students killed when bus, truck collide in Brazil; truck driver arrested trying to flee scene, authorities say

12 college students killed when bus, truck collide in Brazil; truck driver arrested trying to flee scene, authorities say

A bus carrying university students and a truck collided on a highway in southeastern Brazil, killing 12 passengers and injuring 21 others, authorities said Friday. The truck driver, who was also injured, tried to flee the scene of the crash late Thursday night on a highway near the city of Ribeirao Preto, in the state … Read more

Burundi Forces Flee DR Congo As Conflict Sparks Refugee Wave

Burundi Forces Flee DR Congo As Conflict Sparks Refugee Wave

Burundi has “accelerated” the withdrawal of some troops from DR Congo, a senior military source told AFP Thursday, as the UN warned the small Great Lakes nation was seeing its biggest influx of refugees from its conflict-riven neighbour in 25 years. Rwandan-backed M23 fighters have made big gains in the eastern Democratic Republic of Congo, … Read more

California wildfires: More than 30,000 flee as fire erupts north of Los Angeles | US News

California wildfires: More than 30,000 flee as fire erupts north of Los Angeles | US News

More than 30,000 people have been ordered to leave their homes north of Los Angeles after a new wildfire broke out in California. The latest blaze – dubbed the Hughes Fire – started late on Wednesday morning near Lake Castaic, around 40 miles from the Eaton and Palisades wildfires that devastated parts of LA earlier … Read more

With a TikTok Ban Looming, Users Flee to Chinese App ‘Red Note’

With a TikTok Ban Looming, Users Flee to Chinese App ‘Red Note’

“Hello everyone, my name is Ryan. I’m a TikTok refugee. The American government is banning TikTok so we are looking for an alternative…We are very sorry to interrupt you here. Hope we don’t have to stay here for too long,” a Xiaohongshu user using the name Ryan Martin said in a video posted yesterday seemingly … Read more

Los Angeles fire: Animal rescue groups open their doors to pets as owners flee the flames | US News

Los Angeles fire: Animal rescue groups open their doors to pets as owners flee the flames | US News

Animal rescue groups in California have opened their doors to pets as their owners flee the flames of ongoing wildfires. The Los Angeles fires have claimed at least 11 lives already, with over 150,000 people under evacuation orders. Five major fires continue to burn, and as animal owners flee, they are left facing a scramble … Read more

Los Angeles wildfire: 30,000 people forced to flee as massive blaze engulfs cars, homes; emergency declared | 10 points

Los Angeles wildfire: 30,000 people forced to flee as massive blaze engulfs cars, homes; emergency declared | 10 points

More than thirty thousand people were forced to flee from their home after a massive wildfire engulfed their homes and cars in Los Angeles, California.  The rapidly growing blaze has destroyed numerous buildings and created chaos across the city leading to traffic jams and panic among people. Situation worsened when a second blaze doubled in … Read more

More Than 300 People Flee Building Fire in South Korea

More Than 300 People Flee Building Fire in South Korea

Hundreds of people were forced to flee a fire that broke out in an eight-story commercial building south of Seoul Friday afternoon, with video footage showing several people trapped on the roof waiting to be rescued. Fire officials received reports of the fire around 4:40 p.m. in Seongnam, Gyeonggi Province, and were at the scene … Read more