Bitcoin hits all-time record exchange rate above $20,000

Bitcoin smashed through $20,000 for the first time on Wednesday, its highest ever. The cryptocurrency jumped 4.5% to move as high as $20,440. It has gained more than 170% this year, buoyed by demand from larger investors attracted to its potential for quick gains, purported resistance to inflation and expectations it will become a mainstream… Read More Bitcoin hits all-time record exchange rate above $20,000

Facebook set to test new version of Instagram Lite app in India

Facebook Inc said on Wednesday it is testing a new, less data-intensive version of its photo and video sharing app Instagram in India, a key growth market for the U.S. social media giant. The app, Instagram Lite, is less that 2MB in size, which will help it run smoothly on low-memory smartphones and broaden its… Read More Facebook set to test new version of Instagram Lite app in India

Fiji makes preparations as Cyclone Yasa set to make landfall

Fiji closed schools and urged people to stock up on emergency supplies on Wednesday as a potentially devastating cyclone was due to hit the island nation within days. Cyclone Yasa, a category five storm – the highest category – is expected to bring high-speed winds and torrential rain across Fiji’s two largest islands when it… Read More Fiji makes preparations as Cyclone Yasa set to make landfall

Indonesian President Joko Widodo to receive first shot as country pledges free coronavirus vaccines

Indonesia will provide free coronavirus vaccines to its citizens when the world’s fourth most populous nation starts its inoculation programme, President Joko Widodo said on Wednesday, adding he would get the first shot to reassure people on safety. The sprawling, developing country received its first shipment of vaccines, 1.2 million doses from China’s Sinovac Biotech… Read More Indonesian President Joko Widodo to receive first shot as country pledges free coronavirus vaccines

Brazilian President Jair Bolsonaro congratulates U.S. President-elect Joe Biden on election victory

Brazilian President Jair Bolsonaro on Tuesday congratulated U.S. President-elect Joe Biden for his November 3 election victory, finally accepting the loss of Donald Trump, a political idol with whom he had sought to forge closer bilateral ties. Biden’s victory and Bolsonaro’s reluctance to recognize it have cast a dark cloud over U.S.-Brazilian relations, which had… Read More Brazilian President Jair Bolsonaro congratulates U.S. President-elect Joe Biden on election victory