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Japan’s Nikkei Suffers Worst Day Since 1987, US Markets Steady after Global Selloff
Japan’s Nikkei Stock Average fell 12.8% in one day, having its worst day since 1987. The fall came after disappointing economic data in the United States, triggering a global selloff.
Stocks like Apple, Nvidia, and Alphabet took major hits with the S&P, Dow Jones, and Nasdaq sinking.
The Dark Side of KYC: Harming Privacy and Undermining Common Sense
Common sense implies that private citizens should enjoy the cloak of privacy while the state’s every move should be laid bare for all to see, given that they are, after all, public servants. However, Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations present a disturbing reversal of power dynamics.