On 15th March 2017, the Federal Reserve is widely expected to raise interest rates for the first time in 2017. Many markets such as currency market, the gold market and stock indexes have started showing speculative moves ahead of the Fed rate decision. Almost all of them factoring in a possible rate hike.
In August 2017, The Last Line of Defense website published an article reporting that Malia Obama, the daughter of former President Barack Obama, had been “arrested with a gang of thugs in Chicago”
On 28 February 2017, the University of California, San Francisco (UCSF) laid off 49 Information Technology (IT) employees and outsourced their work to a company based in India. This marks the end a year-long process that has brought the public university under fire.
On 26 February 2017, Sunday, ten imported cars - including a Ferrari, two Lamborghinis, a Mercedes and an Audi - standing in a row outside the Kanathur police station in outer fringes of the city. The owners (aged 30 or below), refused to show papers.
According to reports on February 23, 2017, two refugees of Sri Lankan (SL) origin in Hong Kong (HK) are being sought by the Sri Lankan Criminal Investigation Department (CID). The reason is their sheltering of US whistleblower, Mr. Edward Snowden in June 2013, while he was in Hong Kong.