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reuters.com

Texas firm settles US charges it fraudulently took Madoff victims' money (www.reuters.com)

The U.S. Department of Justice said Fulcrum Capital Partners violated the federal False Claims Act between October 2016 and October 2022 by causing the Madoff Victim Fund (MVF) to make inflated payouts to victims, which they then turned over to Fulcrum, a “non-victim” of Madoff’s fraud....

Taiwan says China knows armed threats backfire on influencing elections (www.reuters.com)

China's leadership knows that sabre rattling around Taiwan to force an outcome to its liking in elections does not work and Beijing is not likely to try such actions ahead of January's presidential vote, the Taiwanese foreign minister said Thursday.

US consumer spending exits third quarter on strong note; monthly core inflation rises (www.reuters.com)

Growth, however, is unlikely to match last quarter’s blockbuster performance. Consumer tapped their savings and put away less money with the saving rate dropping to 3.4% from 4.0% in August. Personal income rose 0.3% after gaining 0.4% in August. Income at the disposal of households after accounting for inflation and taxes...

Argentina's Peronists soar in election to seal run-off with radical Milei (www.reuters.com)

BUENOS AIRES, Oct 22 (Reuters) - Argentina’s ruling Peronist coalition smashed expectations to lead the country’s general election on Sunday, setting the stage for a polarized run-off vote next month between Economy Minister Sergio Massa and far-right libertarian radical Javier Milei....

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