Worldwide

Cloudflare says it thwarted record-breaking HTTPS DDoS flood

The DDoS attack resulted in 26 million request per second

Amazon’s troubled drone delivery project is finally taking off

Amazon produced 20 drone prototypes since Air Prime launch

Crypto winter hits hard as Coinbase lays off 1,100 employees

Long-term stagnation was cited as the cause of the layoffs

ECB plans to work on a new anti-fragmentation instrument

Upon shocking emergency meeting to address rising borrowing costs

FDA clarifies controversy over Moderna vaccine

97.3 cases per one million doses developed symptoms of carditis

Today’s emergency ECB meeting addresses current market conditions

The European Fear Scale has reached its highest level since 2020

OPEC expects oil demand to rise in the second half of 2022

Global oil demand to grow roughly to 3.4 million BPD in 2022

Fed likely to increase interest rates by 75 basis points tomorrow

If approved, increase will be the largest since 1994

Global markets’ sell-offs inflict significant losses

Blame the release of the recent US inflation report

The trades that triggered UST’s collapse

Collapse may pose threat to consumer confidence; unlikely to stop growth

Global warming could cost global economy $178 tn by 2070: Deloitte

The losses account for 7.6% cut to GDP in 2070 alone

US inflation beats expectations, hits a new 40-year high in May

Yellen says the US is experiencing "unacceptable levels of inflation"

UNCTAD: Global FDI may decline or remain flat in 2022

FDI rebounded to nearly $1.6 tn last year

Elon Musk issues direct threat to walk away from Twitter deal

He threatened termination over spam bot dispute

Connected Cars: changing the way the world moves

Are you just driving in your car? That will soon be a thing of the past!

Tomorrow’s ECB meeting prepares for a “slow and steady” rate increase

Banks are charged a negative 0.5% fee on their central bank deposits