Israel vs Hamas, Fed Considers Pause Button and AI Scams

Anna's Daybreak News

Good morning news lovers! We'll be your compass through the latest headlines, in-depth stories, and thought-provoking insights in the world of current events. 📰🌟

Israel vs Hamas - The Shocking Truth and Iran’s Sinister Game Exposed

In this unending saga between Israel and Hamas, we count over 1100 dead people in Israeli soil including 11 Americans. Israel's Prime Minister, Benjamin Netanyahu has vowed a retaliation of a scale never seen before.

Hamas has threatened to start an hourly hostage-killing spree if Israel decides to continue sending airstrikes to Gaza.

Abu Obaida, the self-proclaimed mouthpiece of Hamas’s armed division, played this audacious card on Al Jazeera, raising the stakes and the blood pressure on both sides of the conflict.

The recent terror attacks by Hamas, on Israel, have veered the global spotlight squarely onto Iran. It appears the Middle Eastern powerhouse might be pulling more puppet strings than expected - pointing towards a potential showdown with several other Iranian proxies in the region

Previously, Israel seemed to think Iran had no early intel about Hamas' operation. However, they've recently started to think otherwise. According to Israeli Strategic Affairs Minister, Ron Dermer, as of Monday, Israel is looking at some rather incriminating evidence.

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AI Unleashes Symphony of Scams

Artificial Intelligence(AI), the wonderchild of the tech world, is now a slick con-artist hoodwinking honest citizens, according to Forbes.

Fraudsters are using AI to craft eerily perfect scam texts, replicating voices, and even putting faces on videos in a chilling display of digital doppelgängering.

Apparently, banking customers are falling for these scams more frequently, as AI-generated messages are devoid of classic scammer-isms like poor grammar and sketchy phrasing.

In 1989, Forbes reported how printers and PCs were used to forge checks. Today, AI advances could render high-tech fraud prevention measures, like voice authentication and "liveness checks" useless.

While the rest of us are scratching our heads trying to understand the difference between Siri and Alexa, some tech-savvy tricksters are using AI to run a fraud-a-palooza.

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Fed Considers ‘Pause Button’ on Rates

The Federal Reserve is considering hitting the 'pause button' on interest rates at its next meeting, at the end of October.

Thanks to the long-term interest rate surge, ticking up to a whopping 16-year high of 4.8%, borrowing costs are starting to look less like a picnic and more like a punch to the pocket.

Even the humble 30-year mortgage rate has skyrocketed to a 23-year high of 7.5%, according to Freddie Mac.

Philip Jefferson, Fed’s Vice Chair, promises to "keep in mind" the bond rate situation as he plots out the policy roadmap. Meanwhile, the stock market took Jefferson's comments as a "phew" moment, pushing the S&P 500 up 0.5%.

In an unexpected twist, high long-term bond rates might do the Fed's dirty job and help slow inflation. Reducing the chances of a self-inflicted recession.

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Bitcoin Steals the Crypto Throne - Ether Left in Dust

As the dramatic crypto soap opera unfolds, the once promising contender, Ether, is knocked off its high horse by the "Godfather" of cryptocurrency - Bitcoin.

After a jarring 18% dip since June, Ether has been left licking its wounds while Bitcoin, decidedly more resilient with a mere 50% of Ether's loss, solidifies its rule.

Ether's latest anticlimax saw it slump a frisky 5.4% to a pitiful $1,639 this Monday, whilst Bitcoin had a slight wobble, losing just 2.3% as it tumbled to $27,290.

It seems Bitcoin continues to be crypto's favorite son, like that annoying overachiever who, no matter what, always comes out on top.

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Baked with love,

Anna Eisenberg ❤️

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