HSBC Faces Legal Action from Australian Regulator Over Scam Losses
7 days ago
In a significant turn of events, HSBC Holdings plc has found itself embroiled in a lawsuit initiated by the Australian financial regulator, the Australian Securities and Investments Commission (ASIC). This legal action revolves around the bank’s alleged failures to adequately safeguard customers against scams, leading to substantial financial losses for many individuals.
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Zimbabwe's Cabinet Acknowledges Supply Crisis Following Currency Devaluation
2 months ago
In a significant development, the Zimbabwean cabinet has publicly recognized the growing limitations in the supply of basic goods amid the recent steep devaluation of the Zimbabwean dollar against the US dollar. This acknowledgment comes as the economy struggles to stabilize, raising concerns over the affordability and availability of essential commodities for the populace.
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