Howdy Stackers
Welcome to the 16th edition of The Daily Zap — A Daily Newspaper (Kind of 🙏). Here, you'll get links to all of the latest news and updates mostly from the last 24 hours, divided in Sections (much similar to pages on a newspaper).
Let's unfold!
~Bitcoin News of the Day
- Gensler refused to reveal a position on what he thought about Donald Trump's idea "to keep the current government holdings "as the core of the strategic national bitcoin stockpile." "I have a view but given my role and also we are in election season so for the listening public I will stick to my chalk lines which are securities markets and chairman Powell and others can speak to that."
Global Trade & ~Econ
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Argentina’s poverty rate soared to almost 53% in the first half of the year, official data released on Thursday showed, the first hard evidence of the painful impact of libertarian President Javier Milei’s tough austerity measures.
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That marked a steep jump from 41.7% at the end of last year and more than double the 26% just seven years ago. The data underscores how Milei’s spending cuts, aimed at overturning a deep fiscal deficit, have caused major short-term pain. The country is in a deep recession and inflation remains in triple digits.
~Politics_and_Law
- An American journalist who runs an independent newsletter published a document Thursday that appears to have been stolen from Donald Trump’s presidential campaign— the first public posting of a file that is believed to be part of a dossier that federal officials say is part of an Iranian effort to manipulate the U.S. election.
~Stacker_Sports News
- Rowbury, emotional after hearing the news, described it as a "dream come true" and a release of "12 years of pain", as per CNN. She remains hopeful that her achievement will finally be recognised. However, the doping controversy is “heartbreaking" for the athlete.
~Tech & ~Science
- The lead European Union privacy regulator fined social media giant Meta (META.O), opens new tab 91 million euros ($101.5 million) on Friday for inadvertently storing some users' passwords without protection or encryption. The inquiry was opened five years ago after Meta notified Ireland's Data Protection Commission (DPC) that it had stored some passwords in 'plaintext'. Meta publicly acknowledged the incident at the time and the DPC said the passwords were not made available to external parties.
~History with Mystery
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Until now, there’s been no clear archeological evidence at Pompeii of deaths caused by Vesuvian earthquakes alone, because the devastation of the pyroclastic flow made it nearly impossible to distinguish between seismological and volcanic damage.
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But a team of scientists in Italy found compelling evidence at Pompeii of deaths from an earthquake-induced building collapse, not heat or asphyxiation. The discovery not only confirms Pliny’s 2,000-year-old account, but may rewrite the story of why so many people perished at Pompeii.
~Entertainment World
- Celebrity chef Todd English — along with an ex-girlfriend, Wenjie Song — has been accused of sexual assault and battery in a disturbing, bombshell lawsuit that alleges the victim was “horrifically abused” during the attack that left her with severe burns and nerve damage. Kelly Forman, a woman with a traumatic brain injury caused by an unrelated equestrian accident, filed an amended suit in New York State Supreme Court on Sept. 24, alleging she was drugged and abused by English and Song in 2015. The suit was first filed Nov. 22, 2023.
Thanks for reading 🙏