News in the Fast Lane: Your essential UK and global news and politics
Retirees have been significant contributors to consumer spending in 2023, buoyed by a substantial increase in Social Security. However, this trend might see a slowdown as the cost of living adjustment (COLA) is set to decrease next year. Record Hike in COLA In 2023, Social Security beneficiaries saw an 8.7% increase in COLA, the highest … Read more
The Hungarian government has banned under-18 visitors from the prestigious World Press Photo Exhibition in Budapest, over images with LGBTQ content. Shocking and Mind-Boggling In a decision deemed “shocking,” and “mind-boggling” by the event director, Hungarian lawmakers have prohibited people under the age of 18 from visiting the World Press Photo Exhibition currently being held … Read more
SafeMoon, a name once synonymous with skyrocketing crypto gains, is now the center of a major scandal. U.S. authorities have charged the top executives with fraud. SafeMoon’s Downfall SafeMoon executives have been indicted for fraud. The company’s once high-flying token has plunged, causing concerns among crypto investors. Founder Kyle Nagy, CEO Braden John Karony, and … Read more
In the land of plenty, a startling truth is emerging: paying for healthcare has become an uphill battle for many working-age Americans, even those with insurance. A recent report from the Commonwealth Fund sheds light on this growing concern. Alarming Healthcare Affordability Crisis According to a recent survey by the Commonwealth Fund, a staggering 51% … Read more
“Actor” and right-wing activist Laurence Fox has lost a high-stakes libel battle with Twitter users, facing a judicial rebuke over his inflammatory remarks. Here’s the full story. X Gon’ Give It To Ya The moderately successful actor turned right-wing grifter and founder of the Reclaim party, Laurence Fox, lost a libel battle over a dispute … Read more
New York’s reputation as America’s financial powerhouse is under threat. High taxes and a less-than-friendly business environment have driven away high-earning residents, putting the state’s financial industry — and, by extension, its economy — at risk. The Empire State’s Decline New York is seeing a drop in its financial prowess. A recent study shows that … Read more
In the face of Russia’s tightly controlled electoral landscape, Boris Nadezhdin’s bid for presidency emerges as a rallying point for Russians tired of Putin’s war in Ukraine. Here’s the full story. The Road To Hell Russia is a country not famed for the sturdiness of its democratic processes, with opponents of long-time President Vladimir Putin, … Read more
Spain has made history after Mar Galceran, a 45-year-old with Down’s Syndrome, has been embraced by the People’s Party, making her Spain’s first parliamentarian with the condition. Spain’s Trailblazing Parliamentarian with Down’s Syndrome For decades, Mar Galceran dedicated herself to ensuring that individuals with intellectual disabilities were integral to societal conversations. Recently, the culmination of … Read more
The top court of Japan has ruled a mandatory sterilization law for transgender people ‘unconstitutional’ after 19 years. Law Change Imminent Japan’s Supreme Court has officially ended a 2004 legal clause requiring transgender people to undergo sterilization in order to legally change their gender from the one that matches their biological sex. The law, which … Read more
Boeing’s mid-air blowout prompts safety concerns, triggering a drop in shares, supply chain challenges, and heightened scrutiny of its overall safety record. Boeing Faces Turbulence Boeing, a name synonymous with aviation prowess, is grappling with a fresh crisis after one of its 737 Max 9 planes suffered a mid-air blowout, leading to an emergency landing. … Read more