YEN WEAKENS PAST 160 AGAINST THE DOLLAR, REIGNITING INTERVENTION SPECULATION

The Japanese yen hit a near-38 year low against the U.S. dollar late Wednesday, raising expectations that authorities could intervene in currency markets again. The yen weakened to 160.82 against the greenback according to FactSet data, breaching the previous record of 160.03 on April 29 and reaching its weakest level since 1986. The last time the yen crossed the…

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IT’S AN OFFENCE TO RELEASE SKIT, MUSIC VIDEO WITHOUT NFVCB CLASSIFICATION – FEDERAL GOVERNMNET

The federal government says releasing skits, films, or music videos without the National Films and Videos Censors Board (NFVCB) classification is an offence. Movie classification attaches age rating and content advice to films and other audiovisual content. It helps children and families choose what is right for them and avoid what is not. In May,…

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YOUTUBE IS DOMINATING THE LIVING ROOM, FORCING MEDIA COMPANIES TO DECIDE WHETHER IT’S FRIEND OR FOE

It’s been almost 20 years since the founding of Alphabet’s YouTube, and Hollywood still doesn’t really know what to do with it. YouTube, which effectively invented user-generated content, claims a daunting share of overall media consumption. And it’s no longer just dominating the internet, it’s dominating the living room, too. YouTube made up 9.7% of all viewership…

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REP. JAMAAL BOWMAN, A VOCAL ISREAL CRITIC AND ‘SQUAD’ MEMBER, LOSES PRIMARY

Progressive Rep. Jamaal Bowman, D-N.Y., suffered a primary defeat Tuesday to a moderate challenger who was backed by pro-Israel groups, NBC News projected, following a bitter and expensive race that exposed the party’s divisions over the war in Gaza. The race between Bowman and Westchester County Executive George Latimer in New York’s 16th District drew…

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UN WARNS OF NEW POTENT SYNTHETIC OPIOIDS

The UN drugs agency on Wednesday sounded the alarm on a group of potent synthetic opioids, as it warned that the drop in Afghanistan’s opium production may boost synthetic drug use. “Nitazenes –- a group of synthetic opioids which can be even more potent than fentanyl -– have recently emerged in several high-income countries, resulting…

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‘FALSE AND SLANDEROUS’ – ANGEL UNIGWE TO SUE KANAYO O KANAYO OVER CONTRACT BREACH ACCUSATION

Angel Unigwe has refuted the claim by the veteran actor Kanayo O Kanayo that she breached their contract together. On June 21, Kanayo alleged that the teen actress did not fulfil a contract she signed with him for a production she got hired for. He also claimed Unigwe’s mum is known for breaching acting contracts by prematurely taking her…

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