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Yemen rebels hit cargo ship in latest Red Sea attack
Yemen rebels hit cargo ship in latest Red Sea attack
by  AFP

Yemen's Huthi rebels struck a cargo ship in the Red Sea on Friday, causing a fire on deck in the latest of a near-daily series of attacks in the commercially vital waterway. - 'Threat to commercial shipping' - Sullivan, speaking on a visit to Tel Aviv, said the Huthis were threatening freedom of navigation in the Red Sea, which is vital for oil and goods shipments.

Russian central bank raises key interest rate to 16% to counter inflation
Russian central bank raises key interest rate to 16% to counter inflation
by  AFP

Russia's central bank on Friday raised its key interest rate to 16 percent, announcing a fifth hike since summer in a bid to fight accelerating inflation. Analysts expected the increase as the central bank repeatedly stated its priority to fight inflation, which accelerated to 7.5 percent in November.

What is Storm-1152, alleged top creator of fake Microsoft accounts?
What is Storm-1152, alleged top creator of fake Microsoft accounts?
by  AFP

Microsoft has seized the websites of a Vietnam-based group it alleges sold millions of fake accounts to cybercriminals who used them for ransomware attacks, identity theft and other scams around the world. The leaders of the group are three Vietnam-based individuals, Duong Dinh Tu, Linh Van Nguyen and Tai Van Nguyen, Microsoft said in a statement on Wednesday.

New Zealand store pulls kiwi chew toys after conservation backlash
New Zealand store pulls kiwi chew toys after conservation backlash
by  AFP

A New Zealand chain store has pulled festive kiwi-shaped canine chew toys from sale, after backlash from conservationists trying to save the endangered bird. Hardware chain Mitre 10 has agreed to stop selling the Christmas-themed kiwi chew toys -- complete with red Santa hats -- after complaints from conservationists.

Asian markets track Wall St to extend Fed-fuelled rally
Asian markets track Wall St to extend Fed-fuelled rally
by  AFP

Asian markets built on the previous day's rally Friday as investors recalibrated their outlook for the new year after the Federal Reserve indicated it will cut interest rates. Tokyo rebounded from the previous day's loss as the yen's rally against the dollar faded, with Sydney, Seoul, Taipei and Manila also in the green.

Yellen urges China to shift from 'unfair' state-driven economic policy
Yellen urges China to shift from 'unfair' state-driven economic policy
by  AFP

US Treasury Secretary Janet Yellen called Thursday for China to shift from a state-driven approach in economic policy, saying that this can discourage investors. President Joe Biden's administration has made some steps to take the heat off, with visits to China by Secretary of State Antony Blinken, Yellen and Commerce Secretary Gina Raimondo.