Global News Hourly Roundup: 2023-09-13 21

In This Story: Bitcoin

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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In This Story: Elon Musk

Elon Reeve Musk FRS is a business magnate, industrial designer, engineer, and philanthropist. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.

He has hit the headlines for a number of reasons including; marriage to Grimes, being sued by a cave rescuer, involvement in the promotion of cryptocurrency – mainly Bitcoin and Doge.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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In This Story: Joe Burrow

Joseph Lee Burrow is an American football quarterback for the Cincinnati Bengals of the National Football League. He played college football at Ohio State and LSU.

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In This Story: Libya

Libya, officially the State of Libya, is a country in the Maghreb region in North Africa, bordered by the Mediterranean Sea to the north, Egypt to the east, Sudan to the southeast, Chad to the south, Niger to the southwest, Algeria to the west, and Tunisia to the northwest.

The sovereign state is made of three historical regions: Tripolitania, Fezzan and Cyrenaica. The largest city and capital, Tripoli, is located in western Libya and contains over three million of Libya’s seven million people. The second-largest city is Benghazi, which is located in eastern Libya.

Libya became independent as a kingdom in 1951. A military coup in 1969 overthrew King Idris I. Parts of Libya are currently split between rival Tobruk and Tripoli-based governments, as well as various tribal and Islamist militias.

Libya is a member of the United Nations (since 1955), the Non-Aligned Movement, the Arab League, the OIC and OPEC. The country’s official religion is Islam, with 96.6% of the Libyan population being Sunni Muslims.

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In This Story: Microsoft

Microsoft Corporation (NASDAQ: MSFT) is an American multinational technology company with headquarters in Redmond, Washington. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.

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In This Story: NBA

The National Basketball Association is a professional basketball league in North America. The league is composed of 30 teams and is one of the four major professional sports leagues in the United States and Canada. It is the premier men’s professional basketball league in the world.

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In This Story: NFL

The National Football League is a professional American football league consisting of 32 teams, divided equally between the National Football Conference and the American Football Conference.

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In This Story: United States

The United States is a country also known as the United States of America, USA, US or just America. There are fifty states in the union, which is a federal republic ruled by a representative democracy. Nearly ten million square kilometres are inhabited by over 300 million people. The majority of Americans speak English.

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