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1. All three major U.S. stock indexes closed lower. The Dow Jones Industrial Average fell 1.63% to 46,225.15 points, a new low for the year; the S&P 500 fell 1.36% to 6,624.7 points; and the Nasdaq Composite fell 1.46% to 22,152.42 points. McDonalds and Procter & Gamble led the decline, falling more than 3%. The Wind U.S. Tech Big Seven Index fell 1.47%, with Amazon falling more than 2%. The Nasdaq China Golden Dragon Index fell 2.06%, Weibo fell more than 10%, and Tencent Music fell more than 9%. 2. All three major European stock indexes closed lower. The German DAX fell 0.96% to 23,502.25 points; the French CAC40 fell 0.06% to 7,969.88 points; and the UK FTSE 100 fell 0.94% to 10,305.29 points. 3. The WTI crude oil futures contract closed up 3.68% at $99.05 per barrel; the Brent crude oil futures contract rose 5.7% to $105.06 per barrel. 4. International precious metals futures generally closed lower. COMEX gold futures fell 3.68% to $4823.90 per ounce, and COMEX silver futures fell 5.63% to $75.42 per ounce. 5. Most London base metals fell. LME aluminum rose 0.59% to $3419.5 per tonne, LME nickel fell 0.20% to $17160.0 per tonne, LME lead fell 0.86% to $1913.0 per tonne, LME zinc fell 2.94% to $3132.5 per tonne, LME tin fell 2.95% to $45345.0 per tonne, and LME copper fell 3.40% to $12340.5 per tonne.On March 19, just one day after resigning, former U.S. Counterterrorism Center Director Joe Kent stated in an interview on Wednesday that there was no intelligence indicating Iran would launch a "massive surprise attack" similar to 9/11 or Pearl Harbor. Kent said, "To reiterate what we know about Iran—they have always been very, very cautious when escalating confrontation." Kent also stated that he believes Israel feels emboldened to wage war and is confident the U.S. will have to respond. "Israel believes that whatever action they take, whatever the situation, they can proceed with this action, and we can only respond. This reflects both the relationship between the two sides and the existence of lobbying forces pushing us toward war." Kent announced on Tuesday that he had submitted his resignation due to disagreements with the administration regarding war with Iran. The White House has repeatedly cited Iran as an "imminent nuclear threat" as a reason for launching an attack on Iran.A Reuters survey of Japanese companies found that over 80% expect net profits to grow or remain stable in fiscal year 2026/27. Opinions among Japanese companies are divided regarding Sanae Takaichis proposal to suspend the food consumption tax. Japanese companies anticipate that oil supply disruptions and rising energy costs will be major concerns.Bahrain has denied reports from Irans Fars News Agency that its liquefied natural gas (LNG) refinery was targeted in an attack. Bahrain states that it has no LNG refineries in the country.Iranian Islamic Revolutionary Guard Corps: A Barbados-flagged oil tanker has been evacuated from the Strait of Hormuz after Iranian forces went on high alert.

Social Media Restricts But Doesn't Eliminate Misinformation

Charlie Brooks

Nov 10, 2022 14:38

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Social media analysts say a substantial number of unconfirmed tweets and Facebook posts on Wednesday questioned Democratic midterm election victory. Disinformation didn't reach dimensions after Joe Biden's 2020 triumph.


Researchers who study misinformation are examining online chatter after Tuesday's election. Then-President Trump's baseless tweets about election fraud in 2020 sparked a deadly Capitol siege. Later, Twitter banned Trump.


This time, less popular users on Twitter Inc (NYSE:TWTR) and Meta Platform's Facebook have raised issues about Arizona's disputed election results, claiming voting machine problems and slow counting.


Nationally, Republicans made slight gains, while Democrats surpassed predictions. Control of Congress was too close to call as of Wednesday evening.


Some critics said the lack of such laws in other states contributed to voter fraud, noting that Republicans won comfortably in Florida after adding voting limits.


The Southern Poverty Law Center's Intelligence Project, which monitors social media, stated, "We see people claiming the Democrats won because of widespread fraud."


Conspiracy theories aren't as popular as they were before.


Mike Caulfield, a University of Washington research scientist and part of the Election Integrity Partnership consortium, stated, "There are a lot of frozen balls in the air, and we're wondering when they'll fall or whether they've disappeared for good."


According to the partnership, some Republican commentators may be limiting themselves from spreading voting fraud charges in Arizona, where the party is sure to win partially.


According to partnership researchers, election officials and internet disinformation experts countered false narratives on social media more effectively than in 2020, helping to prevent erroneous charges.


Inconsistent behaviors from social networking platforms.


Facebook and Twitter can give fact-checking context to election-theory posts. Reuters' analysis of fraudulent posts lacked this background.


Facebook limits the dissemination of conspiracy material by promoting it less; problematic posts get a few hundred likes at most. The company declined to comment on the tool's efficacy, citing the ongoing vote count.


Common Cause, which monitors social media for voting suppression, claimed Tuesday that Twitter has not removed offensive posts.


Twitter, now controlled by Elon Musk, sacked roughly half of its employees last week, including those who curated and promoted trustworthy content.


Twitter rejected the comment.


A Twitter user who claimed a masked man was "cheating in front of the cameras" was suspended.


Seth Bluestein, Philadelphia's city commissioner, called the video fake.


Bluestein: "I voted today at East Passyunk Community Center." "The interior photo I shot tonight is not of a Philadelphia polling station. Another dangerous lie."