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Global Economy on Crutches, Barbaric Scenes Emerge from Israel and Alameda's Billion Dollar Bamboozle

Anna's Daybreak News

Good morning news friends! Today, we unravel the latest news, explore untold stories, and navigate the ever-evolving currents of the world's events. 📰🌟

Heaven to Hell: Kibbutz Kfar Aza's Brutalized by Hamas

Once a paradise of 750 people, rich with young families and innocent laughter, Kfar Aza has now been brutally transformed into a macabre tableau of terror and death by a merciless Hamas attack.

In a scene straight out of a horror movie, the once sleepy kibbutz was besieged by Hamas gunmen, turning idyllic gardens into graveyards and its tranquil streets into chilling avenues of dread.

A Israeli Major General, despite four decades of service, had never seen such a nightmarish landscape, marked by bodies littered everywhere, a baby's crushed crib and the ghastly smell of death.

Retaliatory strikes have eliminated 830 Gazans, but it's a hollow victory as the heart of the community lies in ruins.

A survivor describes the gruesome horror as "pure hell," as the community's utopia has been replaced by blood, fire and the chilling silence of a ghost town.

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Alameda's Billion Dollar Bamboozle

Caroline Ellison, the star witness from the trial du jour exposing the shenanigans of FTX and Alameda Research.

Sam Bankman-Fried, according to Ellison, had her partake in a game of "how fast can we drain $14 billion from FTX customers."

Ellison revealed that Alameda was using 'Sam coins' to secure massive loans. Meanwhile, SBF brushed off auditors like crumbs on a freshly ironed suit.

She testified that Bankman-Fried believed he had a staggering 5% chance of becoming the U.S. President, despite having the political experience of a goldfish.

In a delightful twist of irony, Bankman-Fried now stares at the possibility of swapping his presidential dreams for a lengthy jail term.

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Realty Giants Beg Fed Chair: Halt Interest Rates Before Housing Tanks

Three housing industry's heavyweights, the National Association of Realtors, Mortgage Bankers Association, and National Association of Home Builders have united for a common cause - begging Federal Reserve Chair Jerome Powell to stop raising interest rates.

In a group letter, they pled with Powell to curb his enthusiasm for hiking up interest rates, fearing it might lead to real estate finance taking the big spill of the decade.

They've even thrown in a pledge against selling mortgage bonds till the real estate financing scene stops looking like a nauseating rollercoaster ride.

In their earnest plea, they've urged the Fed to prevent a potential economy face-plant, tactfully asking them to pull the brake on this rate hike joyride.

After all, we wouldn't want Uncle Sam's house and home to take a belly flop into the abyss of unaffordability, would we?

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Global Economy on Crutches: IMF Sounds Alarm

Security forces on high alert as the International Monetary Fund (IMF) and World Bank annual meetings commence in Marrakech, Morocco.

A month after an earthquake shook the city, killing nearly 3,000 people, banking heavyweights will meet to discuss the future of the financial world.

The world economy, is set to face more hurdles - higher interest rates, the ongoing war in Ukraine, the war in Israel, and a widening disparity of geopolitical rifts.

In short, the world's financial future is as uncertain as a game of Monopoly with a kleptomaniac and a bluffer.

Source: Read More

Baked with love,

Anna Eisenberg ❤️

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