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FILE PHOTO: New Israeli Shekel banknotes are seen in this picture illustration taken November 9, 2021.


Hard Numbers: Short sellers made bank ahead of Hamas attack, Sunak hits bottom over immigration, Spotify slashes workers, fresh violence in India’s Manipur, US envoy charged with helping Castro

862 million: Did some stock market investors know about Hamas’ Oct. 7 attack ahead of time? A new report alleges an unusual pattern of short-selling of Israeli securities in the weeks, and even hours, leading up to the deadly rampage. In one example, short sellers of stock in Leumi, Israel’s largest bank, reaped profits of $862 million by dumping stock between Sept. 14 and Oct. 5.

25.4: Don’t pull out that head of lettuce just yet, but British PM Rishi Sunak’s popularity among his own Tory Party has crashed to record lows. His net approval rating is now negative 25.4 points, and roughly three in five Tories who supported the party in 2019 say they are still with the party, with many eyeing Nigel Farage’s far-right Reform UK party instead. Conservative voters are angry with Sunak for failing to stop a record wave of asylum-seekers arriving in the UK.

17: “Music for everyone,” yes, but not jobs for everyone. Music streaming giant Spotify has slashed 17% of its workforce — some 1,500 people — in a move to try to turn an annual profit for the first time since it was founded in Stockholm in 2006.

13: At least 13 people were killed in the latest round of violence in the northeastern Indian state of Manipur, where ethnic clashes since May between the majority Hindu Meitei ethnic group and the predominantly Christian Kuki-Zo minority have killed at least 180 people and displaced tens of thousands. Earlier this year, PM Narendra Modi drew criticism for failing to react swiftly to violence in Manipur.

25: Did a former top US diplomat in Latin America use his 25-year-long career to promote the interests of the Cuban government? The FBI thinks so. Manuel Rocha, a former US ambassador to Argentina and Bolivia, has been arrested on suspicion that he was serving the Castro regime while officially working for los Yanquis.

Beijing's struggle to keep the Olympics COVID free
Inside Beijing's Struggle to Keep the Olympics COVID Free | World In :60 | GZERO Media

Beijing's struggle to keep the Olympics COVID free

COVID-19 positive cases leading up to the Beijing Olympics, a proposed defense pact between Ukraine, Poland, and the UK, and the Joe Rogan/Spotify scandal -- Ian Bremmer shares his insights on global politics this week on World In :60.

First, how is COVID-19 affecting Beijing Olympics prep in China?

Well, we've got already well over a hundred members of Olympic athletes and staff that have tested positive twice, which means they ain't playing. They're not involved. They're going to go home. And these numbers are going to go way up. I do think that this idea of a complete closed loop system, the Chinese have more ability to implement and execute on that than pretty much any country in the world. So I doubt you're going to see spread from the Olympics into the broader population, but you're going to see a lot of people with COVID coming in because omicron is so incredibly spreadable. And that's going to be yet one more thing that dings a very weird Beijing Olympics with diplomatic boycotts and populations unhappy about where we are and not having fans and all the political challenges and censorship and surveillance of phones and data going to the government. And it's just so politicized that you hate to see that with global athletes, and global athletics, but that's where we are. I do say that I'm glad that the athletes are still competing. It's one of the few things that can bring us all together on this planet.

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Spotify Bets on Podcasts: Tech in 60 Seconds
Spotify Bets on Podcasts: Tech in 60 Seconds

Spotify Bets on Podcasts: Tech in 60 Seconds

Podcasts could prove to be a better economic model for Spotify.

It's Tech in 60 Seconds with Nicholas Thompson!

And go deeper on topics like cybersecurity and artificial intelligence at Microsoft Today in Technology.

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