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2025-01-16 12:00:08

NEWSTACHE on Nostr: 1. Israel-Hamas Ceasefire: After several days of intense fighting, Israel and Hamas ...

1. Israel-Hamas Ceasefire: After several days of intense fighting, Israel and Hamas agreed to a ceasefire on January 16, 2025. The truce comes after over 40 Palestinians and 11 Israelis were killed in the conflict. The details of the ceasefire are still being finalized (aljazeera.com/news/2025/1/16/israel-and-hamas-reach-gaza-ceasefire-deal-what-are-the-next-steps?)

2. Tax Refunds in the US: The average US tax refund amount fell slightly in 2025, according to data released by the IRS. The average refund declined by about $10, to $2,816. This is the first decline in the average refund amount since 2019 (zerohedge.com/personal-finance/average-us-tax-refund-amount-falls-slightly)

3. Global Stock Market: Major stock markets around the world saw mixed results on January 16, 2025. In the US, the Dow Jones Industrial Average closed up 0.2%, while the S&P 500 and Nasdaq Composite both ended the day with slight losses. In Europe, the FTSE 100 was up 0.5%, while the DAX and CAC 40 both closed with gains of around 0.6% (finance.yahoo.com/news/morning-bid-inflation-duo-takes-053404115.html)

4. Bitcoin and Cryptocurrency: Several news articles on January 16, 2025, reported on the price movements of bitcoin and other cryptocurrencies. For example, one article reported that XRP had hit a 7-year high, while another discussed the suspension of the Upbit crypto exchange in South Korea (cointelegraph.com/news/xrp-price-hits-seven-year-high-bullish-2025-outlook?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound, cointelegraph.com/news/upbit-crypto-suspension-notice-south-korea?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

5. Elon Musk and Twitter: The Securities and Exchange Commission (SEC) filed a lawsuit against Elon Musk on January 16, 2025, alleging that he failed to disclose his stake in Twitter before buying shares of the company. The lawsuit comes after Musk revealed in November 2024 that he had amassed a 9.2% stake in Twitter (finance.yahoo.com/news/sec-sues-elon-musk-saying-001141423.html)
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